【Set Sail · Shanneng 2025】Interpretation of Key Terms from the Annual Work Conference ① | The Year of Five Integrations for Improvement

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The 2025 work conference of Shandong Energy Group stated that next year will mark a critical period for deepening and advancing the reform of state-owned enterprises, with efforts focused on overcoming challenges and bringing these reforms to a successful conclusion. It is necessary to focus on strengthening core functions and enhancing core competitiveness, seeking solutions through reform and creating new opportunities through innovation, by carrying out the “Year of Five Integrations and Improvements”: the first being the Year of Industrial Restructuring and Integration for Improvement. Deepen professional integration to further drive the concentration of industrial operations on core competitive areas, and build modern, new-type state-owned enterprises. Second, it is the Year of Human Resources Integration and Enhancement. Implement market-based reforms in labor management to establish a human resources management system that features streamlined organizations, standardized employment practices, linkages between work efficiency and performance, fair distribution, and efficient operations. Third is the year of enhanced integration in the layout structure. Focusing on the functional role of state-owned capital investment companies and the \"3+1\" core business framework, initiatives aimed at \"ensuring one aspect and optimizing three others\" are carried out to improve the efficiency of resource utilization as well as the level of operational management. Fourth is the year for integrated improvement in risk prevention and control. Coordinate development and safety, improve the comprehensive risk management system, promote the deep integration of compliance management with business operations, and proactively prevent and address risks in key areas such as safety, environmental protection, debt, investment, and stability. Fifth is the Year of Integrating and Enhancing Party Building Culture. Adhering to the principle of focusing on key priorities and serving the overall interests, a new three-year initiative to enhance corporate culture has been launched, with high-quality party building used as a driving force to ensure high-quality development.