股份有限公司 - GD Power Development.docx

Company Code: 600795 Company Abbreviation: GD PowerGD POWER DEVELOPMENT CO., LTD.2015 Annual ReportA Letter to All Shareholders2015 is the ending year of the “12th Five-Year Plan”. Under the correct leadership of the Board of Directors and with the great support of the shareholders, GDPD responded actively to challenges brought about by situation development and industrial changes, deeply implemented the “one-five-five” strategy, made solid progress in the work of “Enhancing Management, Promoting Benefits”, deepened the reform, focused on practical innovation, and pushed forward quality and efficiency improvement with all strength. Thus, the corporate business management level has been improved continuously; main economic and technical indexes have been further optimized; the total profit for the year has reached CNY9.758 billion.In 2015, we adhered to the scientific development, gave particular emphasis to quality and benefit, promoted the development of major projects covering high-quality wind power, highly efficient and clean thermal power and large hydraulic power, participated actively in the national strategy of “The Belt and Road”, and speeded up the work pace of “going global”. As a result, the company’s strategic layout and asset structure have been further optimized and development quality has been further improved.In 2015, we paid much attention to strengthening operating management and control and realized stable growth of our economic benefit by deepening benchmarking management and fine management, controlling key elements of electricity, fuel and costs, deepening the economic operation in the field of thermal power, new energy and coal chemistry, coordinating and organizing production and operation efficiently.In 2015, we boosted efforts to implement the innovation-driven strategy, deepened the internal reform, improved the systems and mechanisms, pressed ahead with the “Four Centralized Management and Contro