“The era is the base of thought, practice is the fount of theory.” With the implementation of the 13th Five-Year Plan, the supply-side structural reform has made further headway, bringing a steady improvement in the quality and effect of economic development. The rapid growth of globalization brings a golden opportunity to the private businesses. The 19th National Congress of the Communist Party of China inspired the 1.4 billion Chinese people. The whole party and all Chinese people take a concerted effort to learn and practice the spirit of the 19th CPC National Congress. Our party and country recognize the contribution that the private businesses have made for the past economic development, ensure the principal status of the private entrepreneurs, protect the private property against infringements in accordance with law, encourage the innovative development on private businesses. Currently, our domestic business is mainly distributed in Beijing-Tianjin-Hebei region and Yangtze River Delta, the overseas business is mainly distributed in Europe, Singapore and Hong Kong. Under the guidance of the spirit of the 19th CPC National Congress and the 13th Five-Year Plan, Sedant holding company has adjusted the company strategic direction, taken reasonable corporate governance mechanism and organization structure, optimized the management system of the shareholders meeting, board of directors and board of supervisors in accordance with law of corporation. The responsibilities and the function of mutual supervision of these three organizations have been clarified. The party committee and labor union also take part in the decision-making process. A scientific and democratic decision-making mechanism has been formed which means the general operating activities will be decided by the management team and the important decisions will be made by the board of directors, which has laid a solid foundation for company's future development.
Every employee of Sedant has a persistent love and promises to take the duty of serving the country. The enterprise legal person takes the social responsibility of sharing the country’s cares and burdens. Sedant unites the local government to donate a Hope Primary School annually in poverty-stricken area. From this year on, 1,000 pupils from Sichuan, Xinjiang, Inner Mongolia, Heilongjiang province will be donated by us until they finish their primary school. We are aiming to make study and knowledge become the motivation for changing children’s fates and realizing their dreams. Not only does the corporate culture have been inherited, the corporate values of “Thriving on virtue and virtue to the world” have been fulfilled.