Impregnable passage is like iron, and now step from the beginning
The board of directors refers to the voyage of prosperity, and the new company enters a new era

-- Beijing BOMCO sixth general meeting of shareholders and the closing of the 2019 board meeting in Beijing

        On the morning of June 13, the sixth general meeting of shareholders and the second board meeting of Beijing BOMCO  offshore petroleum engineering technology co., LTD (Beijing BOMCO) was held in Beijing. The meeting was presided over by Zhang Bin, deputy general manager of Baoji Petroleum Machinery Co., LTD and chairman of Beijing BOMCO the joint venture company.

        New directors were confirmed at the shareholders' meeting. Zhang Shuanbao, Zhang Guoyao and Gao Tianxue were elected as new directors, Zhang bin and Yu Yonggang continued to serve as directors, and Zhang Guohui no longer served as directors of Beijing company. The meeting heard general manager Zhang Guoyao's report on the overall market and operation of Beijing BOMCO in 2018.Zhang Guoyao pointed out that Beijing company achieved an extraordinary achievement in 2018, turning a loss into a win for the first time. The business of internal and international departments of Beijing BOMCO has increased compared with previous years. Mr. Zhang also made plans and arrangements for the Beijing BOMCO's work in 2019, which will focus on the development of oil and gas technology service business, oil field environmental protection business, large-scale equipment matching and foreign front-line product import agent business. Zhang Guoyao put forward that when times are good, hard measures should be taken to "reduce costs, reduce fees, improve quality and increase efficiency" to ensure the completion of the targets set by the board of directors and reward shareholders.

        Board member Mr. Zhang Shuanbao pointed out that he was willing to provide strong backing for Beijing BOMCO joint venture company in terms of enterprise management, laws and regulations, and provide support for the company to build a legal, reasonable and compliant business model.

        Zhang Guohui, chairman of Profit group, said that Beijing BOMCO joint venture was in a "precarious situation" after the industry downturn from 2014 to 2017.However, since 2017, the two parties have agreed to entrust the management right of Beijing BOMCO joint venture company to Shenzhen Profit management. After two years, highlighting the foresight of Guo Mengqi, the executive director of the party committee secretary of BOMCO, and Hu Baomin, the general manager of BOMCO, Beijing BOMCO glowed with youth and vitality, not only immortal, but also living well. Under the planning of chairman Zhang bin, Beijing BOMCO has opened a new journey and written a new chapter. General manager of Beijing BOMCO Zhang Guoyao led the business team and worked so hard, two years to fight a turnaround, the result is not easy! Beijing company just won a small victory at the beginning, so we should not be proud and make a correct judgment for the company's future development. Zhang Guohui thinks that Beijing BOMCO must enter into the technical service of oil field and approach the real economy. He suggests Beijing BOMCO Joint Venture Company makes full use of the platform of the parent company of BOMCO, gives full play to the advantages of sales channels and oil clothing channels within the PetroChina system, and provides matching services for products and services, so as to become a high-quality platform for integrating social equipment manufacturing resources and oilfield technical services.

        Zhang Bin, chairman of the board of directors, stressed that the company needs to strengthen team building and staff training, improve the staff's own professional quality, enhance professionalism, sense of responsibility, improve work efficiency and execution.
        Zhang Bin requirements, the company needs to fully implement and implement scientific development, sustainable development. He said it is everyone's responsibility and obligation to take good care of the environment and protect ecological resources.
        The successful meeting of the board meeting encouraged all the staff, and everyone was full of confidence in the company's future development direction! All staff of Beijing company will work together under the guidance of leaders of all levels to do their own work conscientiously, conscientiously, give full play to their own advantages, and contribute to the long-term steady development of the company.

        In Beijing, some of the company's leaders Liu Ao, Jiang Wei attended the meeting.

Reported/Publised by Jennifer Jiang