On October 29, the 2024 National Enterprise Integrity Construction Conference, hosted by the China Enterprise Confederation (CEC) and the China Enterprise Directors Association (CEDA) was held in Yantai. The company's submission, "Building a Long-term Mechanism for Overseas Enterprise Integrity Construction with the ESG System, Deeply Enabling the 'Belt and Road' International Energy Cooperation", was awarded one of the "Ten Best Enterprise Integrity Construction Practice Cases of 2024". Wang Yuetao, Chairman of the Board, was invited to attend the conference and share the company's typical experience.
To establish a group of benchmark enterprises for integrity management and keeping promises, CEC·CEDA launched a campaign to collect enterprise integrity construction practice cases in June 2024. After a strict review by experts and public display on CECCredit website, the "Ten Best Enterprise Integrity Construction Practice Cases of 2024" and 269 "Outstanding Enterprise Integrity Construction Practice Cases of 2024" were finally selected.
At the conference, Liu Peng, Deputy Secretary-General of CEC, announced the “2024 enterprise integrity construction practice cases”. Professor Wang Wei representing the Enterprise Integrity Research Group of the CEC, released the "2024 Enterprise Integrity Construction Status Report". During the experience-sharing session, Wang Yuetao systematically introduced ZhenHua Oil's experience and practices from four aspects: being the "bearer" of safety and environmental protection, the "exemplar" of innovation-driven development, the "promoter" of cultural integration, and the "contributor" to social responsibility. He highlighted how the company leads with high-quality oil and gas exploration and development, leverages the advantages of integrated industrial chain development, deepens long-term mechanisms for overseas integrity construction, promotes comprehensive cooperation along the "Belt and Road", and contributes to local economic and social prosperity.
This honor is another achievement of the company, reflecting its deep commitment to the "Belt and Road" concept of joint development and shared benefits, continuous enhancement of ESG management, and mutually beneficial cooperation with all parties. While enhancing the company's brand soft power, it also increases the recognition of industry market awareness and corporate image.