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DZUG convened the 17th meeting of the 10th Board of directors and the 16th meeting of the 10th Board of supervisors

On the morning of August 30, 2019, DZUG held the 17th meeting of the 10th board of directors in the first conference room on the 21st floor of the corporation. Except for two directors who were on business and were unable to attend the meeting on the spot, the other 11 directors and the company supervisors and higher management attended the meeting, and the meeting was charged by Mr. Yang Guoping, Chairman of the Board. After careful deliberation, the directors attending the meeting adopted the following proposals: 1. The corporation’s  business report for the first half of 2019 and its work plan for the second half of the year. 2. The corporation’s semi-annual report for 2019 and its summary. 3. Proposal on the Change of Corporate Accounting Policy. 4. Proposal on Changes of Accounting Policy and Accounting Estimate of Subsidiaries.

In the first half of 2019, with the correct leadership of the board of directors and the joint efforts of all staff, the corporation’s business income and net profit increased year-on-year, and the quality and efficiency of operation was significantly improved. Jiangyin Gas Company governance, Nantong Gas Supply Guarantee, Jiading Dazhong Water Price Adjustment, Jiangsu Dazhong Project Construction and other major public utilities work are progressing smoothly. The corporation continuously strengthens the excavation and development of foreign high-quality investment projects, and the overall operation shows a steady and progressive, steady and upward, and better developed momentum.

Chairman Yang Guoping pointed out that faced with the complex and changeable economic situation domestic and abroad, the corporation will adhere to the industrial development road of "public utilities and financial venture investment go hand in hand", continuously increase the proportion of investment in major public utilities projects, continuously follow up the opportunities of investment and merger of high-quality projects, while doing well in main business, constantly strengthen the management after investment of projects, and innovate business philosophy and management mode, unswervingly implement the corporation's development strategies, and constantly enhance the corporation's comprehensive strength.

Before that, the corporation's 10th Board of supervisors at its 16th meeting deliberated and adopted four proposals.

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