11 On June 26, the fifth shareholders' meeting and the second board of directors and board of supervisors of the company were held in Xuzhou City, Jiangsu Province. Representatives of shareholders, directors and supervisors attended the meeting, at which relevant issues were deliberated and voted.Leaders at the meeting affirmed the work and operation results of the company in 2018 and the first three quarters of 2019, and put forward requirements for future work.
According to the meeting, in the first three quarters of 2018-2019, pangwo electric power company made breakthrough progress. The management of the company firmly grasped the overall development situation, United and led all employees to work hard and forge ahead, achieved good results, and successfully completed the tasks assigned by the board of directors.

2018-2019In 1999, 19 project contracts were signed, including 11 operation and maintenance contracts, 5 overhaul contracts, 1 power transmission and transformation contract, 1 spare parts contract, and 1 training contract, which established eight business sectors of operation and maintenance, overhaul, power transmission and transformation, spare parts, new energy, environmental protection, training, translation, and 24 service products.We have vigorously combined and utilized social resources, from thermal power to photovoltaic new energy, from equipment manufacturing units to power construction units, from power universities to power plants, and opened a new strategic cooperation mode. We have signed cooperation agreements with nearly 10 units, including SANAS new energy, Dongfang Electric Guohe company, Hubei Power Construction, Central South company, Harbin complete set, Shandong University of science and technology, Datun power engineering company, etcTo establish a strategic partnership with EVP.It has obtained the qualification of CMC, SEC of Shanghai Electric Co., Ltd. and dec of Dongfang Electric Co., Ltd., vigorously developed the business of maintenance and spare parts, and sought for greater development.

The company adheres to the international development strategy, deepens regionalization and localization, and radiates outward with Malaysia subsidiary (Southeast Asia), Bangladesh (South Asia) and Iraq (Middle East) projects.Over the past year, we have expanded the Kuching project in Malaysia, the kalten project in Indonesia, the Maoxi and Yongxin projects in Vietnam, the thar coal mine drainage and coal quality test project in Pakistan, the Laguna project in India, and the Oman training project in the Middle East.The company adheres to the enterprise standardized management, adjusts and optimizes the organizational structure, standardizes various work processes, strengthens the informatization suggestions, implements the CMIS management system in the headquarters of the company, and implements the PMIS project management information system in the project site, which improves the scientific operation ability and safety production management level of the company.

Next, the company will rely on the resources, technology, talents and experience of all shareholders to actively explore overseas markets.We will continue to follow more than ten potential projects such as Iraq Sara Hardin, Sri Lanka putt Rahm, Botswana, Nigeria, Kenya and so on.According to the eight development strategies of the company, with the operation and maintenance business as the backbone, we will vigorously promote the development of overhaul and spare parts business, lay emphasis on the Malay West and Vietnam markets, expand the leading edge of scale, and strive to promote the overall hosting business of overseas power plants such as Botswana.We should absorb technical talents from colleges and universities, train and reserve key technical backbones, improve the incentive mechanism, establish the company's expert database and talent files, and ensure the company's human resources supply.At the same time, improve the company's technical work standards and safety production standards, form a simple and efficient management system, strengthen the safety operation management of overseas projects, make full use of MIS platform and big data to continuously improve the safety, quality and standardization level of the project, and build the company into an international operation and maintenance service brand company.