In order to more standardize the organizational governance structure of the company, Shenhua carried out the shareholding reform in 2019.
It is hoped that through the shareholding reform, the company can follow the requirements of the modern enterprise system and clarify property rights and market competition subjects to adapt to more diversified market demands and competition.
After the reform, Shenhua is significantly stronger. Productivity is more centralized, and efficiency and capacity have been greatly improved. The organizational structure is more complete and the synergy of the organization is higher.
During the year, the company gained tremendous growth.