On the afternoon of March 1st, Lu Chun, Chairman and Party Secretary of Three Gorges Group, went to work at Three Gorges New Energy Company to listen to work reports and give clear instructions on the development strategy of the group's new energy business during the 13th Five Year Plan period. Bi Yaxiong, a member of the Party group and deputy general manager of the group company, accompanied the research.

At the meeting, Fan Jianjun, Chairman of Three Gorges New Energy Company, and Li Bin, General Manager, reported on the company's preliminary plan for the development of Three Gorges new energy during the 13th Five Year Plan period, the development of offshore wind power business, and the main work arrangements for 2016; Sun Qiang, General Manager of Fujian Branch, reported on the progress of offshore wind power work in Fujian; Shanghai Institute Chairman Shi Xiaoqiang reported on the progress of the offshore wind power research and development center.

Lu Chun fully affirmed the excellent achievements of Three Gorges New Energy Company in 2015. He stated that in 2015, the cadres and employees of Three Gorges New Energy overcame numerous difficulties, took the initiative, and bravely took responsibility, making important contributions to Three Gorges Group and laying the foundation for China's new energy industry to grow and strengthen. Three Gorges New Energy stood at a new development starting point, and its achievements were not easy to come by. He expresses deep respect and sincere gratitude to all employees of Three Gorges New Energy on behalf of the group's party group.

Lu Chun emphasized the great significance of Three Gorges Group in leading offshore wind power development. The development of offshore wind power has become the second main business of Three Gorges Group, and it is a new growth point for the future expansion and strength of Three Gorges Group, highly in line with its strategic development goals. It has the advantages of centralized and large-scale development, which can effectively reduce unit costs, operating costs, and risk of wind abandonment. It can be used as a long-term sustainable profit area for the group. At present, the development of offshore wind power in China is still in its early stages, with a large amount of technology available for development, significant room for cost reduction in operation and maintenance, and most of the resources are close to the load center. The future development prospects are very broad. Three Gorges New Energy must seize the opportunity, build and manage a number of offshore wind power projects, form economies of scale, and continuously enhance its brand value and influence in the field of offshore wind power.

Regarding the key work in 2016, Lu Chun pointed out that Three Gorges New Energy should build on the foundation of becoming a leader in offshore wind power in 2015, and make further efforts to win the battle of improving quality and efficiency in 2016. One is to achieve regional optimization in the development of onshore wind and photovoltaic power, forming a centralized management system on a large scale; The second is to quickly obtain a batch of high-quality resources through mergers and acquisitions, and fully promote the reform and listing of Three Gorges New Energy; Thirdly, we attach great importance to the daily operation, management, and maintenance of Three Gorges New Energy, in order to achieve cost reduction and efficiency improvement. Fourthly, the group company should continuously increase its support by establishing performance evaluation awards, providing special funding support, reducing funding costs, cultivating a professional talent team, strengthening project supervision, and seizing special and effective measures such as project approval. More talents, funds, and technical elements should be gathered in the field of offshore wind power development, further enhancing the innovation enthusiasm of employees, further stimulating the development vitality of the company, and creating conditions for achieving a leader in offshore wind power.

Bi Yaxiong requested that Three Gorges New Energy Company and all departments and units of the company firmly implement the instructions of Chairman Lu Chun. One is to strengthen confidence and maintain strategic composure. Seize the opportunity of national energy structure adjustment and electricity marketization reform, and make progress. The second is to improve quality and efficiency, and maintain synchronous growth of scale and efficiency. Improve organizational structure, management system, and incentive mechanism, and provide technical and equipment support for the large-scale economic development of offshore wind power through standardized design and refined management. The third is to promote the development of the company and the construction of the talent team, and implement governance structures and control measures. Deepen and refine the management model of "regional+factor", optimize the stock, focus on increment, highlight the differentiated development advantages of Three Gorges new energy assets, and achieve breakthroughs in the curve.

At the meeting, relevant personnel from departments and units such as the General Office of Three Gorges Group, Strategic Development Department, Planning and Contract Department, Asset Finance Department, Marketing Department, Tendering and Procurement Center, and Three Gorges Finance Company put forward specific work suggestions.

Before the meeting, Lu Chun and his team inspected the operation of some project sites through the remote centralized monitoring system of Three Gorges New Energy.

Members of the leadership team, chief assistant, chief engineer, and relevant department heads of Three Gorges New Energy Company attended the on-site office meeting.

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