During the 14th Five-Year Plan period, by analyzing the internal and external development situation and combining the current situation of the company's resource capacity, the company has formed the "1244" development strategy. The outline of the strategic plan is described as follows:：

Guiding Ideology：

Guided by Xi Jinping's socialism ideology with Chinese characteristics in the new era, we should comprehensively grasp the new development stage, conscientiously implement the new development concept, actively integrate into the new development pattern, adhere to the "1244" overall strategy, anchor the "1234567" planning objectives, strive for the overall realization of the economic indicators at the end of 14th Five-Year plan, and create a new SEPCO with high quality development. Strive to build a world-class, "two types and three modernizations "energy construction investment company.

Strategic positioning "Two types and Three modernizations"：

Build an energy construction investment company with "quality and efficiency, innovation and ecology, global layout, professional operation and integrated development"

“1244”General strategy"1244"：

One vision

Two major industries

Four major businesses

Four principles

World-class and World-famous.

Take the initiative to benchmark with first-class enterprises in domestic and abroad, reach the world-class level in business development, investment and financing, project performance, operation management, risk control, scientific and technological innovation, team management, brand image and other aspects, and strive to become a world-class energy construction and investment company.

Engineering construction, Investment operating.

Continue to expand and strengthen the engineering construction industry, gradually explore and carry out investment operating business, continuously improve the profit contribution rate of investment business, and accelerate the formation of a new development pattern driven by two major industries.

energy and power, green building, ecological and environmental protection, oil and gas refining.

Continuously optimize the business structure, vigorously expand the energy and power business dominated by new energy, accelerate the layout of infrastructure business dominated by green buildings, strive to be specialized in the energy-saving and environmental protection business dominated by waste power generation, gradually expand the oil and gas refining business dominated by gas booster stations and LNG / LPG, and form a mutually supportive business group structure with different priorities, Consolidate diversified and differentiated development paths in an all-round way.

global development, concentric diversification, transformation upgrading, and innovation driven.

Global development：deeply implement the "double cycle" strategy and optimize the regional layout and resource allocation of the domestic market. Strengthen the international priority strategy, focus on the core markets in the Middle East and North Africa, steadily expand the regional markets in Southeast Asia, Africa, Eastern Europe and Latin America, and gradually expand the partial international advantages to the overall advantages of global development.

Concentric diversity：establish the core competitiveness of the whole industry chain based on SEPCO's advantages of "brand performance, management system and international team", and cultivate and form a business pattern supported by four sections according to the principle of diversity in the lead and moderate diversity.

Transformation and upgrading：improve the level, connotation and quality of the company's development, realize the upgrading from opportunity oriented to strategy oriented, from labor-intensive to capital, technology and management intensive, and from power engineering contractors to energy construction investors.

Innovation-driven：accelerate enterprise technological innovation, management innovation and business model innovation, promote the development of "green, digital and intelligent", take innovation as the traction and driving force, and fundamentally promote the company to achieve quality and benefit development.

Planning Goals：

Achieve the goal of "1234567" and create a new SEPCO. With the goal of establishing a world-class energy construction investment company, we will strive to achieve an annual operating income of 20 billion yuan, a total profit of 300 million yuan, a newly signed contract amount of 40 billion yuan, a labor productivity of no less than 500,000 yuan / person, an international business accounting for no less than 60% and non-traditional business accounting for more than 70% by the end of the 14th five year plan, Strive to develop into a comprehensive double super grade enterprise in the power sector of the group company, a leading enterprise in the international operation of the group company, and the backbone of the the Belt and Road Initiative. It will stimulate new momentum, renew vitality, and create new SEPCO.