On January 17, 2024, as the 2025 work conference of China National Petroleum Corporation (CNPC) was successfully held, the meeting commended advanced collectives and outstanding workers and announced the winners of several important awards. Among them, the Lubricant Company was included in the 2024 list of Safe Enterprises of the group.
CNPC will always take risk prevention, safety assurance and development promotion as important tasks, actively advancing the building of safe enterprises in depth. The Lubricant Company has likewise consistently upheld this philosophy, continuously strengthening safety management, raising employees' safety awareness and ensuring that every link in the production process meets safety standards. The title of 2024 Safe Enterprise of the Group obtained by the Lubricant Company not only highlights its outstanding achievements in production safety but also reflects its responsibility and commitment as an important member of CNPC.
At the meeting, Dai Houliang, chairman and secretary of the Party Leadership Group of the group, comprehensively reviewed the development achievements of the past year. He noted that over the past year the group's Party Leadership Group studied and implemented the guiding ideology of the Party, resolutely implemented the decisions and arrangements of the CPC Central Committee and the State Council, and led high-quality development with high-quality Party building, achieving notable results. Major progress and important landmark achievements were made in advancing the building of national strategic scientific and technological strength, the building of Digital and Intelligent PetroChina and the safeguarding of national energy security; the main business was made better and stronger, emerging industries flourished, the corporate political ecosystem continued to improve, and excellent results were achieved in all areas of work.
Regarding the next key tasks, Dai Houliang put forward the following requirements: first, to coordinate energy security with business transformation and upgrading and to tackle difficulties in enhancing core functions and improving core competitiveness; second, to accelerate the development of emerging and future industries and create new growth points for the company; third, to strengthen high-level scientific and technological self-reliance and self-improvement, improve the innovation system and raise the quality and efficiency of innovation; fourth, to deepen reform and management and modernize the company's governance system and governance capacity; and fifth, to balance high-quality development with high-level safety and build safe, healthy and green enterprises.
In the future, CNPC will continue to be guided by the new development philosophy, accelerate the green and low-carbon transformation of energy, focus on developing new quality productive forces and actively open up new fields and brave new tracks. The Lubricant Company will also keep pace with the group, working with sustained effort in scientific and technological innovation to support the present and lead the future, and, in brand building, enhancing brand image, telling brand stories well and spreading petroleum culture well.

