Gd Power Development Accelerates "Three Transformations" Through Ideological Breakthroughs

Deep News11-04

Gd Power Development Co.,Ltd. (600795) is spearheading its "Three Transformations" strategy with a focus on ideological innovation. On October 28, the company’s Party Committee convened a summary meeting to review three months of intensive discussions on this initiative.

Beyond the conference room, tangible progress is unfolding across multiple regions: - **Qinhuangdao Company** in Bohai Bay is upgrading aging coal-fired units with cleaner, more efficient replacements. - **Zhoushan Offshore Wind Farm** now harnesses sea breezes through nearly 100 turbines, converting them into green electricity. - **Blue Sky Solar Station** in Inner Mongolia integrates photovoltaic panels with agriculture, livestock, and eco-tourism, creating a multi-industry synergy.

These achievements stem from a strategic shift—using ideological breakthroughs to drive operational and developmental leaps.

### **Ideological Shift: New Thinking for New Solutions** Following the National Energy Group’s July 25 directive to prioritize "sustainable growth and high-quality development," Gd Power Development launched a company-wide discussion to align its transition from "large and comprehensive" to "strong and excellent," from conventional energy to green/low-carbon solutions, and from traditional operations to market-oriented practices.

Key takeaways from leadership: - **"Solution-oriented thinking"** is critical to overcoming complex challenges. - A phased approach: **"First break mindsets, then systems, finally obstacles."** - The Party Committee led by example, embedding discussions into central group studies and assigning cross-level accountability to ensure grassroots participation.

### **Cultural Shift: From "Mandated" to "Proactive" Action** The campaign has galvanized employees at all levels: - Headquarters departments linked discussions to operational pain points (e.g., streamlining bureaucracy, financial reforms). - Subsidiaries like **Datong Company** and **Anhui Wind Power** adopted real-time feedback mechanisms ("problems resolved overnight"). - Frontline teams, such as those at **Jingran Thermal Power**, integrated quick brainstorming sessions into shift changes to support energy supply transitions.

Employee initiatives, like **"One Suggestion for Transformation"** in Ningxia and **"Three Voices"** (Party members, youth, staff) in Inner Mongolia, have fueled bottom-up innovation.

### **Execution Shift: Delivering Results** **1. Strengthening Competitiveness ("Strong")** - Retrofitted coal plants (e.g., **Chengde Thermal Power**) for flexibility and efficiency; advanced projects like **Langfang Phase II** and **Shanghai Temple’s 314MW self-use hybrid model**. - Digital upgrades: **Suizhong Company’s "1+3+N" smart plant system** and **Huai’an Thermal Power’s "Digital Intelligence" platform**.

**2. Green Transition ("Green")** - Launched the group’s first **biomass co-firing guidelines**; completed **Hangjin Banner’s 20MW decentralized wind project**. - Showcased domestically developed smart control systems at **Beijing Wind Energy Expo**. - Q3 saw **425.8MW新增 renewable capacity**, with cross-regional projects like **Inner Mongolia-Shanxi power transmission**.

**3. Market Efficiency ("Effective")** - Shifted from passive operations to **active market engagement**, boosting profitability: - **Shandong Wind Power** led peer groups in electricity sales premiums. - **Hefeng Wind Power** optimized spot market strategies, ranking top in Eastern Inner Mongolia. - Year-to-date output: **349.24B kWh generated** (+0.68% YoY), **332.13B kWh supplied** (+0.74% YoY).

### **Looking Ahead** As Gd Power Development marches toward the 15th Five-Year Plan, it remains committed to the National Energy Group’s vision, leveraging ideological and operational transformations to solidify its role as a leading energy provider.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment