The long-term development strategy of China Southern Power Grid Corporation

The company's strategic system consists of three parts: development strategy system, strategic support system, and strategic execution system. The development strategy system clarifies the company's mission, core values, and strategic goals. The strategic support system consists of management, organization, system, process, and performance management systems. The strategic execution system consists of functional strategies, sub-strategies, and implementation plans.

(I) Mission: Taking the initiative to undertake social responsibilities and doing its utmost to ensure the power supply mission is the fundamental reason for the existence of the company.

Taking the initiative to assume social responsibilities - The company as a central enterprise related to the lifeline of the national economy is an important industry and a key enterprise. It must unswervingly serve the overall interests of the party and the country, shoulder the responsibility of safeguarding the public interest and the obligation of universal power services. In the face of disasters, responsibilities are first, and they are exemplary in building a harmonious society.

Efforts to do a good job of power supply - As a power grid company, the company must coordinate power generation companies and power customers, optimize the allocation of power resources, provide safe, reliable, efficient, and environmentally friendly power supply to serve the economic and social development.

(II) Core Values: The ten thousand core values ​​of Wanjia Lighting South Network are the lasting and fundamental beliefs of the company. “Wanjia Lights Southern Network” is a visual representation of the company’s core values ​​and a sign of corporate image promotion.

"The love of the Wanjia Lights South Network" focuses on the "emotion". Its connotation is:

——Serve customers and take customers as the center to improve the reliability of power supply;

—— Caring for the employees' feelings, taking the employees as the base, the employees and the company growing together, building a happy South network;

——Returning to social conditions, undertaking social responsibilities, and building a green power grid;

—— With the true feelings of the Southern Nets, they light up thousands of lights and bring light and happiness to the society.

(III) Strategic Objectives: To become a good service, good management, and good image The core values ​​of the international advanced grid companies are the lasting and fundamental beliefs of the company. “Wanjia Lights Southern Network” is a visual representation of the company’s core values ​​and a sign of corporate image promotion.

Good service—On the basis of guaranteeing safety and reliable power supply, we will continue to improve the quality of service, satisfy customers, satisfy stakeholders, and satisfy the society.

Good management—The company’s core values ​​are deeply rooted in the people’s minds, the basic management is perfect, the system is complete and effective, the process is clear and fluent, the mechanisms are scientifically supported, the modernization methods are advanced, the value creation ability and economic benefits are continuously improved, the business is legally compliant, and the management is efficient.

The image is good - establish a long-term and harmonious public relations with the government, society and the public, establish a safe, reliable, honest, responsible corporate image, and continue to enhance the "million lights, South Network deep love" brand.

The international advanced power grid companies have become internationally advanced power grid companies in terms of safety, reliability, customer satisfaction, and environmental protection.

(IV) Strategic Path: Promoting "Two Types of Changes" and Implementing "Two Changes"

Two types of two - service-oriented positioning, management and management, group operation, integrated management.

Service-oriented positioning: The company's business has the characteristics of basic industries and public utilities, and the company is essentially a service-oriented enterprise.

Operational management and control: The company adopts an operation-based management and control model, implements unified management of the company's business operations, exercises centralized control over the key factors that affect the company's operations, and conducts assessment and evaluation of the operating results of its subordinate units.

Group operation: Under the overall planning of the headquarters, resource intensive management is realized through resource sharing and optimized configuration, and the company's overall efficiency and efficiency are optimized.

Integrated Management: Focusing on building a strategy, a brand, a set of models, and a set of systems, through the formulation and implementation of a unified organizational system, process system, system system, standard system, and index system, to achieve horizontal to vertical and vertical integration. And standardized management.

Two transformations: The development of the power grid has become more intelligent, efficient, reliable, and green. The management of enterprises has shifted toward leanness.

The development of power grids will be more intelligent, efficient, reliable, and green. The goal is “four improvements and one promotion” (to increase the level of safe and stable operation of power systems, improve the efficiency of system and asset utilization, and improve the efficiency and quality of service at the user side. , improve the ability to optimize resource allocation and efficient use, promote the construction and development of a resource-intensive, environment-friendly society, and use advanced computer technology, communication technology, and control technology to build an intelligent, efficient, reliable, and green one that covers urban and rural areas. Grid.

The transformation of enterprise management to lean direction: With the goal of improving the company’s overall efficiency, it will exercise fine control over the entire process of core business, pay more attention to detail management, and penetrate concrete and clear quantitative standards into all aspects of management to enable the company’s business management. The activity is always under control. Improve the management of cost awareness, management efficiency, relying on management and control costs, to the management of efficiency, to achieve economic and social benefits, current benefits and long-term benefits of comprehensive optimization.

(V) Strategic implementation carriers: the establishment of international advanced level enterprises Establishing international advanced level enterprises (abbreviated as "Chuangxian") is an international advanced enterprise with the goal of establishing and improving a management system that is in line with its own reality, through exploration and practice, summary refining, and comprehensive promotion. The process is to achieve integrated and standardized management, ultimately achieve management leanness, improve the company's overall management level, and enhance the company's overall efficiency and effectiveness. Chuangxian is a long-term process and systematic project that continuously improves and continuously realizes self-improvement and surpassing. It is an effective method that the company has explored during the past few years to promote the scientific development of the company and is the main carrier for promoting the implementation and landing of the company's strategy.

Continue to intensify the role of the carrier of innovation first to promote integrated management as the main line of pioneering work. Based on summing up the successful experience and practices, a unified management model is formed, which is promoted and applied in the whole system to form a headquarters-led and common unit. Participate in top-down company's overall innovation. We will continue to give play to the pilot role of the pioneering pilot units, try them first, and continue to explore and lead management innovation. In the process of typical path exploration—summary refinement—model operation—continuous improvement, we always aim at the international advanced level and continuously improve the overall quality and capability of the company. Implementation of strategic management, focusing on the convergence of planning, planning, budget and strategy, timely monitoring and adjustment, strengthening performance assessment, and achieving strategic landing.

(6) The core competencies are based on the business philosophy of asset life-cycle management, customer-wide service, and resource-intensive management, and strive to build the company's core competencies.

1. Customer Service Ability The ability to grasp customer needs, grasp the macro trend of the power market, collect customer market information and data, and analyze and process customer dynamics.

To meet the needs of customers, according to the needs and expectations of different customers, provide classified power products and services, provide reliable electricity protection, and provide a satisfactory customer experience.

The ability to guide customers' needs, give play to the guiding role of power grid companies, promote the use of energy by society, use energy reasonably and efficiently, promote the development of renewable energy and new energy, promote the transformation and upgrade of energy production and consumption structure, and provide high-quality power products. Based on the service, we will gradually provide customers with the best comprehensive energy utilization plan.

2. The capacity of energy grids for efficient use of energy, scientific and rational deployment of various types of power generation resources within the network, to achieve economic, efficient, energy-saving, environmental protection operations.

The safety risk control capability shall be advanced and scientifically analyzed for safety risks in the power system and related control measures shall be taken to ensure the safe and stable operation of the power grid. Improve the operational capacity of AC and DC complex grids. The rapid and scientific and orderly restoration of power interruption caused by natural disasters and emergencies.

Efficient management of equipment capabilities, through the effective monitoring, diagnosis and fault analysis and evaluation of electrical equipment, timely grasp the status of equipment, implement effective and economical equipment maintenance, and achieve reliable and efficient operation of equipment.

3. The capacity of power grid development capacity planning, correctly grasping the national macroeconomic policies and development trends, accurately forecasting the development of power demand and changes in energy structure, making the power grid planning more scientific, forward-looking, and guiding, and playing a guiding role in power supply planning.

Investment capacity, according to power grid planning, to raise enough funds to invest in power grid construction. Under the premise of satisfying the development of power demand, safe operation of the power grid, and ensuring the quality of power supply and service, reasonable control of investment will improve investment efficiency.

Building capacity, complying with relevant national laws and regulations and corporate infrastructure management systems, completing the construction of power grids under the premise of ensuring project safety and quality; promoting technological progress in infrastructure, continuously improving the capacity and management level of power grids; reasonably controlling project cost and improving power grid construction Manage comprehensive benefits.

4. Value creation ability Profitability, under the premise of guaranteeing power supply, fully tap potential and efficiency, increase economic returns and shareholder returns, ensure that state-owned assets maintain and increase value, explore capital operation space and operational experience of the company, and accelerate the pace of integration into the capital market. The source of funding is a new type of investment and financing model with multiple channels and diversified financing methods. Clean up the integrated stock capital, optimize the allocation of incremental capital, deepen the development potential of the financial platform, and enhance the overall efficiency of the group.

Asset management capabilities, with value management as the core, comprehensive management of the entire life cycle of the planning, design, procurement, construction, operation, maintenance, overhaul, and renewal of power grid assets and decommissioning to realize the full life cycle cost and reliability of assets The comprehensive optimization of the use efficiency and service life enhances the value creation capability.

Operational risk management and control capabilities, effective control over the strategic risks, financial risks, market risks, operational risks, and legal risks that affect the company's strategic and business objectives, especially the legal risks of purchasing and selling electricity contracts, strengthening the construction of internal controls, and ensuring the continuity of the company , healthy and stable development.

5. Development of support capabilities Talent support capabilities, through the innovation of talents, create a talent team that is compatible with the development of the company, cultivate talents, attract talents, develop talents, make good use of talents, and provide a solid talent guarantee for supporting the scientific development of the company. Intellectual support.

Technical support capabilities, through the research on power technology and related cutting-edge technologies, solve the technical difficulties in the development and operation of power grids, improve the technological level and technology reserves, promote the application of new technologies and new equipment, and lead the development of industry technologies.

Financial support capabilities, through effective financial management, enhance the company's operating strength, provide financial and financial protection for the sustainable development and reliable operation of the power grid.

Policy influence capabilities, through the study of policies, economics, industry trends and other issues, grasp the industry development opportunities, maintain effective communication with the government and regulatory agencies, provide advice for the development of the industry, and support the long-term development of the company.

Public relations capabilities, with the national relevant ministries and commissions, five provinces and districts party committees and governments, domestic and foreign counterparts, the media, academia and other social sectors to establish a good interaction and cooperation, improve the company's social influence, and create a good corporate external environment.

Brand and cultural influence ability, further expand the corporate brand effect of “Wanjia Lights and Nannan Net”, increase the corporate reputation, and form a corporate culture that adapts to the development of the company, matches hard power, and ranks among the top 500 companies in the world. Soft power enhances corporate cohesion.

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