SPP corporate culture interpretation【SBW Petrochemical Pump】

Deliver cutting-edge services to our users, provide comprehensive solutions that encompass industry-leading devices and control systems.

Establish a robust platform that integrates comprehensive and state-of-the-art technologies, exemplifies excellence in intelligent manufacturing, and fosters unparalleled growth opportunities.

Continuous development and endeavor to generate substantial returns for our valued users, trusted partners, and esteemed investors.

Interpretation of corporate mission

01 Corporate mission

Problem to be solved

The mission is to answer the question: What does SPP want to do? How will the world be different because of SPP's existence? Why does SPP exist? This mission empowers SPP to make decisions based on doing what is right, rather than simply what is expedient.

SPP's mission encompasses three levels of significance

The first meaning is what kind of value is created for users? SPP is always committed to delivering cutting-edge services to our users, providing comprehensive solutions that encompass industry-leading devices and control systems. Our commitment remains steadfast in continuously elevating the user experience and augmenting the value we bring to our esteemed users. SPP's mission is to instill the ethos of customer service deep within every member of the company, ensuring that a "customer value" orientation permeates all business activities. This user-value oriented approach acts as a vital lifeline, driving strong growth and fostering a legacy that charts the journey towards becoming a renowned and enduring pump enterprise that spans a century.

The second level is what kind of platform can be created for employees? SPP has always been committed to establishing a robust platform that integrates comprehensive and state-of-the-art technologies, exemplifies excellence in intelligent manufacturing, and fosters unparalleled growth opportunities. The accomplishment of the mission necessitates the collective endeavor of each and every member of the company, leaving no room for its failure. The mission serves as a unifying force, igniting the innate drive within each member, propelling them to continually surpass their own limits and evolve into the best versions of themselves. Through the pursuit of our mission, every member gradually develops a deep sense of identity, pride, and fulfillment, fostering a high-quality platform where wisdom and talent seamlessly integrate within the enterprise.

The third level of meaning is what kind of value can be achieved for the society? Recognizing that only through continuous development can an enterprise effectively meet the evolving needs of our users, we strive to remain in sync with them, continuously enhancing their experience and unlocking their full potential. A thriving enterprise that consistently progresses possesses a platform effect, attracting and consolidating high-quality resources. This synergy paves the way for fruitful collaborations and yields mutual benefits. Realistic significance holds immense value for our users, partners, investment partners, and every individual within our enterprise.

02 Corporate vision

Become a trailblazer in the pump industry, assuming a leading position within China and attaining international recognition for its excellence.

Problem to be solved

Enterprise vision is to answer the question of what kind of enterprise SPP wants to be in the future? What significant milestones does SPP envision accomplishing within the next 5-10 years?

SPP's goals

SPP aims to surpass the 3-year "recovery period" and enter a fresh chapter, commencing a new journey.

Within5-7 years, the objective is tosuccessfully reinvent itself by reinstating SPP's core brand essence,

leading to a remarkable "renaissance" within the pump industry. Over a span of 8-10 years, SPP strives to realize a new vision, becoming a responsible and accountable listed company with significant market value, and becoming a trailblazer in the pump industry, assuming a leading position within China and attaining international recognition for its excellence

03 Corporate values

Corporate values serve as the shared ethical framework and basis for value assessments within the organization. Corporate values represent the unified value choices embraced by all employees when confronted with challenges, and provide a guiding path towards fostering sustainable growth by transcending the obscuring influence of KPI figures. Implementing established rules and regulations can enhance operational efficiency and facilitate seamless functioning within the organization.

Legacy

SPP, originally named Shenyang Pump Factory, was founded in 1932 and quickly emerged as the leading pump manufacturer in Asia, securing its position among the top five companies in the global pump industry. It has served as the birthplace and nurturing ground for the domestic pump industry, pioneering numerous groundbreaking achievements that have propelled the nation forward. SPP has played a pivotal role in advancing the country's pump industry, fostering a wealth of technical expertise, manufacturing excellence, and standardization practices. With a rich legacy of 90 years in technical expertise and practical know-how, SPP possesses a valuable asset that forms the foundation of its operations. Through a strategic restructuring process, the company has successfully preserved its core strengths, discarded outdated practices, and embraced a culture of innovation.

Learning

Undergoing a transition from a state-owned entity to a mixed-ownership enterprise, SPP has experienced a profound shift in its organizational concept and strategic approach. This transformation necessitates a fundamental change in the mindset and practices of every individual within the company. Adapting to the new landscape requires embracing a culture of continuous learning, where each member must cultivate the ability to acquire new skills and knowledge. In an era marked by rapid transformation and continuous evolution, SPP's sustainable development hinges on its capacity for growth and its unwavering commitment to knowledge acquisition. 'Learning,' deeply rooted within SPP's essence, serves as the bedrock and dynamic energy that propels the organization forward.

Innovation

An unyielding mindset denotes rigidity and resistance to progress. In order to preserve and advance traditions, innovation must be sought both within them and through the process of development. This embodies the core of enterprise innovation. By fostering innovation, we can consistently refine and enhance our products, processes, and services, elevating the user experience. This not only reduces costs and boosts efficiency but also lays the foundation for enterprise growth. Through relentless innovation, we break free from limitations and become a trailblazer in the pump industry, assuming a leading position within China and attaining international recognition for its excellence.

Compatibility

SPP promotes diversity and inclusivity, recognizing that the richness of diverse backgrounds, perspectives, and professions brings forth a multitude of fresh viewpoints and innovative ideas. Compatibility serves as the guiding principle for SPP, fueling its inherent strength. It fosters a fair and inclusive working environment. Compatibility molds a team that thrives on innovation, while also fostering mutual trust and cohesiveness, ultimately amplifying the team's collective potential.

Quality

Placing utmost importance on the quality of individuals' character and work ethic forms the bedrock of SPP's approach to human resources and decision-making. As a responsible enterprise, this principle lies at the core of our values and beliefs. Nurturing individuals and conducting business with an unwavering focus on quality epitomizes SPP's ethos, signifying a resolute commitment to society and our nation. Our business development revolves around quality as the cornerstone of SPP's survival. We prioritize rigorous quality management across the entire product life cycle, delivering users steadfast and reliable products that elevate their experience. This commitment to quality not only creates value for our users but also serves as an essential guarantee for the sustainable growth of SPP.

Efficiency

SPP relentlessly pursues enhancements in efficiency, recognizing that efficiency serves as a barometer of our vitality and competitiveness. SPP places a strong emphasis on organizational efficiency, achieved by streamlining our organizational structure to swiftly adapt to market demands. We also prioritize execution efficiency by optimizing our business processes and designing a cohesive system that enhances the team's capacity for effective implementation. Moreover, operational efficiency is enhanced through digital advancements in intelligent manufacturing and ongoing process reengineering, enabling substantial improvements in operational efficiency, reduced costs, and bolstered core competitiveness for SPP.