To Build BD Petrochemical Into the National Petrifaction and the Pyramid of Private-owned Petrifaction Around the World.
The Group’s fourth five-year plan outline 2017—2021
A brief review of the past five years
Overall development targets
Overall development ideas
Overall management ideas
Achieve leapfrog growth in operating incomeCompletely crack the major policy problems such as crude oil quotasComprehensively improve refining scale and supporting capacityForm the nationalized layout substantiallyComplete and run a batch of major projectsOverall upgrade the education and scientific researchMake significant progress in combining industry and financeAchieve pragmatic results in corporate operations
Through 5 years' efforts, the total assets of BD Group reached 150 billion yuan. Operating Income: 190 billion yuan. Per Year Profitability : 15 billion yuan. The Rate of Return on Assets: Over 10%. The Net Assets Yield: Over 20%; The Sales Profit Margin: An increase more than 7.6% The One-off Processing Capacity of Oil Refining and Chemical Industry: 1,550,000 tons. Comprehensive Chemical Production Capacity: An increase more than 5 million tons and reaching 10 million tons in a longer term.
Transformation from petroleum refining to chemical and fine chemical industryCultivation and development of clean energyIntegration of industry and financeIntegration of production, education and scientific research
Establish a reasonable incentives-based management systemEstablish a flatness and high efficiency-based management systemEstablish an information and data-based management systemEstablish a supervisory-based management system