On March 21st, the first China “Best Managed Company (BMC)” awarding ceremony hosted by Deloitte China was held in Shenzhen. Sunpower Group stood out in the world's prestigious management evaluation and became one of the 23 companies that won the BMC award. Mr. Ma Ming, Vice Chairman of Sunpower Group, and Ms. Ge Cuiping, Chief Financial Officer of the Group, were invited to attend the Management Forum and Awards Ceremony.
The Best Managed Company (BMC) is Deloitte's global program to identify and recognize private companies with advanced management concepts and superior management. The award was established in Canada in 1993 and officially launched in China in August 2018. It is understood that the “Best Managed Company” review team consists of more than 40 experts from Deloitte and Bank of Singapore. After six months of review, corporate interviews and expert research, using the mature “Excellent Management Standards” global framework, selecting based on the four dimensions of strategy, competence, commitment and financial strength, it is a unique global evaluation of the management of private enterprises. It is also the only project for the comprehensive evaluation of private enterprise management systems in the Chinese market.
Ma Ming, vice chairman of the group, said, “We are honored to receive this award from Deloitte and join the ranks of companies with high standards of management practices in China. This is a strong affirmation of the leading position of Sunpower Group in the field of environmental protection. It is also a strong proof of the strength of our management team. Deloitte's recognition reaffirms our efforts and will inspire us to achieve even better achievements in business management."
Sunpower Group is an environmentally friendly company, based on high-end manufacturing and engineering services, and value-driven by green investment. The Group attaches great importance to scientific research and innovation, and has strong R&D strength. It undertakes a number of national, provincial and ministerial-level science and technology projects and takes the lead in formulating a number of national standards. The group has 146 patents, including 56 invention patents.
Adhering to the concept of “effective environmental protection”, Sunpower Group has been supplying high-end environmental protection equipment and energy-saving environmental protection engineering services to petrochemical, chemical, coal chemical and clean energy industries for more than 20 years, providing customers with environmental protection and energy-saving solutions. Until now Sunpower has provided quality products and services to about 1,500 customers in more than 30 countries. The high-end domestic and foreign customers cover BASF, BP, Shell, Sinopec, Petro China and many other Fortune 500 companies.
For many years, high-pollution, high-energy-consumption small boilers have been one of the most important sources of smog in China. Sunpower Group actively responds to the government and the public's call for governance of smog, aims at market opportunities, enters the central heating project of the industrial park, extends business to the green investment sector, utilizes high-efficiency, low-emission patented environmental protection and energy-saving technologies, provides clean steam for quality industrial users and guarantees residential heating. The Group entered into a long-term franchise agreement with the government and became the only steam supplier in the region. In just three years, the Group has 7 green investment projects put into operation and achieved revenue expectations. The projects have shut down nearly 300 high-pollution, high-energy-consumption small boilers, reducing emissions of smoke, SO2 and NOX by more than 50,000 tons per year.
In the future, Sunpower Group will continue to improve its development strategy and business model, focus on green investment business, and comprehensively coordinate with high-end manufacturing and engineering services. It will continuously provide customers with more diversified innovative products and solutions, and contribute wisdom and strength in order to promote the stable and sustainable development of the Group, and to reduce the smog, letting China return to the clear water and blue sky.