Having been approved by the 12th Meeting of the 10th Board of Directors, 《The Outline of the“14th Five-Year Plan ”of SPC（2021-2025）》（hereinafter referred to as “The Outline of the Plan”）was officially printed and delivered recently.

The Outline of the Plan responds to the nation’s “carbon peaking and carbon neutrality” goals and requirements, conforms to Sinopec’s “one base, two wings and three new” industrial pattern and Shanghai’s requirements of “North-South transformation”. It further defines the vision of SPC to build a “domestically leading and world first-class”energy, chemical and new materials company and the company’s six main development strategies of “value-leading, market-oriented, innovation-driven, talent-supported, green and low-carbon and integrated development”, and puts forward the development ideas of “transfer from oil refining to chemical industry, chemical industry to materials, materials to high-end and industrial park to ecology”.

The Outline of the Plan, with a total of more than 47200 words, is divided into the preface and seven chapters: development environment and development foundation , guiding ideology、 basic principles、 overall objectives, high-quality development of main business, optimization and improvement of operation management, safety、 environmental protection and green and low carbon, guarantee and support, organization and implementation, involving industrial chain, supply chain, value chain, public utilities, operation management, safety, environmental protection, energy conservation and carbon reduction, scientific and technological innovation, information and digitization, enterprise management, human resources, corporate governance and compliance, Party building and public relations, etc.