The China National Coal Association (CNCA) recently unveiled the list of outstanding research reports of coal enterprises on business planning for the 14th Five-Year Plan period (2021-2025). China Shenhua won the first prize.
The CNCA selects outstanding planning reports on coal business development on a regular basis. It held the competition for the best research reports of coal enterprises on business planning for the 14th Five-Year Plan period in an effort to fully implement the new development philosophy and new strategy for energy security, accelerate the pace in building a modern coal industry system that is clean, low-carbon, safe and highly efficient, give play to the guiding role of business planning in the development of coal enterprises and push for the forming of new ground in high-quality development of the coal industry. After preliminary screening, expert review and comprehensive evaluation, 13 research reports stood out, six of which won the first prize and seven claimed the second prize.
China Shenhua started to formulate its 14th Five-Year Plan in October 2019. It worked out four plans for industry development, four for the development of functional departments, eight special research projects and 31 plans for the development of its subsidiaries, based on which the company’s master plan for the 14th Five-Year Plan period was completed in late 2020. The planning report was revised and improved in 2022 in accordance with China’s carbon peaking and carbon neutrality strategy, new energy policy, the instructions President Xi Jinping made when he inspected Yulin Chemical, and China Energy’s 14th Five-Year Plan.
China Shenhua’s 14th Five-Year Plan looks at the achievements the company made during the 13th Five-Year Plan period, its drawbacks, and internal and external environment, and sets out the company’s development plan, basic principles, development strategy, objectives, key tasks as well as plans for investment and funding, economic indicators and support measures. The plan is a program of action for the company. As a comprehensive energy development plan covering the entire industrial chain from coal mining to transportation, coal-fired power, and chemicals, it offers a solution to the low-carbon transition for heavy-carbon energy companies, and is of reference significance to green and high-quality development for energy companies.
China Shenhua will take the prize as an opportunity to faithfully implement the 14th Five-Year Plan to promote its low-carbon transformation and high-quality development, and accelerate the building of a world-class integrated listed energy company with global competitiveness.