On January 31, 2023, Dongfang Electric Group and Deyang City signed a deepening strategic cooperation agreement to further strengthen central-local cooperation and seek high-quality development together. Dongfang Electric Machinery Co., Ltd. is a wholly-owned core subsidiary of Dongfang Electric Group, a backbone enterprise in the research, design and manufacture of large-scale power generation equipment in China, and a major supplier of clean energy equipment and services in the world. Dongfang Electric Machinery Co., Ltd. will continue to insist on serving national strategies and local economic development, and fully assist Deyang in building a world-class clean energy equipment manufacturing base.

Seize the opportunity to expand the market. Firmly grasp the market opportunities of traditional water and thermal power such as pumped storage, coal power and gas power, continue to increase the market development of new industries such as wind power motors, small and medium-sized thermal power, electric motors, engineering environmental protection, and special motors, and build a marketing pattern with one base and two centers. Further optimize the marketing layout.

Consolidate the foundation and strengthen innovation. Continue to increase investment in research and development, accelerate the construction of original technology sources, increase core technology research, continue to strengthen the research and development of key technologies such as high-head and large-capacity impact units, variable-speed pumped storage, and large-capacity offshore wind power motors, and continue to promote the construction of national innovation platforms .

Take multiple measures to promote reform. Steadily promote the demonstration action of technological reform, complete the integration and optimization of key core organizations such as R&D, marketing, delivery, and digitalization, build a platform-based enterprise, and fully promote industrial development. Continue to deepen the reform of the three systems, launch all middle-level leaders to stand up and sit down for competitive employment, further promote market-oriented salary distribution and market-oriented employment, and fully mobilize the endogenous motivation of cadres and employees.

Increase investment to promote development. Actively invest in conventional hydropower, pumped storage, wind power, photovoltaics and other fields, actively participate in urban and rural garbage, sludge, hazardous waste, sewage treatment, circular economy industrial parks and other projects, expand motors, wind power motors, chemical canned pumps, solid waste treatment, etc. fields, promote new industries to become stronger and bigger, accelerate the incubation and implementation of emerging industries, and promote the development of digital industries.

Introduce and retain talents. Adhere to the strategy of strengthening the enterprise with talents, strengthen the joint training of talents, introduce skilled talents in key fields such as welding, digital manufacturing, and pumped storage installation, accelerate the training of high-end skilled talents, increase the introduction of high-level talents, and continue to optimize the talent structure.

Increase supporting subcontracting efforts in Deyang area. Continue to be a good chain owner of the industrial chain, drive the high-quality development of enterprises in Deyang's local industrial chain, expand the equipment manufacturing industry, attract more upstream and downstream related supporting enterprises, and contribute to the development of Deyang's high-end clean energy equipment industrial cluster.

Dongfang Electric Machinery Co., Ltd. will continue to consolidate the good momentum of high-quality development, continue to become stronger, better and bigger, to help Deyang City build a world-class clean energy equipment manufacturing base, and help Deyang return to the top three and Dongfang Electric's 100 billion leap Contribute new and greater strength. Editor / Zhao E