2016 Chinese New Year Greeting to GCL Staff in Africa

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2016-02-06    

Dear staff of African Oil Gas Project,

We will soon welcome the Spring Festival of the Year of Monkey, one of the most important traditional Chinese festivals. At the threshold of the Monkey Year implying good fortune and wellbeing, I will extend the cordial regards on behalf of Golden Concord Holdings Limited and all the shareholders! 

People always miss their families more on festive occasions. Particularly, in the Chinese New Year, I miss you, our staff in Africa far away from us in China: I am concerned about your work, your health, your safety and your wellbeing. In 2015, it was you who left your hometown, traveling a lot to the untraversed place just for the responsibility on your shoulders. It was you who went through hardships, working hard and devoting yourselves without regret to eventually make progress in the development of GCL’s oil and gas business overseas.Ethiopia-Djibouti Oil and Natural Gas Project has been brought into the project reserve pool of “One Belt, One Road”; On September 4, witnessed by Li Keqiang, Premier of State Council and Haier Maryam, Premier of Ethiopia, Pipeline Development Framework Agreementwas signed by GCL and the Ethiopian delegation, which marks that GCL-Poly acquired the right of exclusive operation of the oil and gas pipeline in Ogaden, Ethiopia; The first appraisal well has been finished drilling and the second is under exploration. Besides, three sets of oil and gas shows have been detected and the commissioning of the project can be expected soon.

As you are becoming more and more experienced in the extension of the overseas market, you also make greater and greater achievements even on the ordinary posts. The project reserve pool of “One Belt, One Road” added glory to our country; The oil and gas industry, as one of the four principle development highlights of the group, has brought more opportunities for GCL in the market. GCL people will never forget what you have done. In fact, every progress you made represents the spirit of the Chinese people and China GCL. Now, allow me to pay tribute to you for your extraordinary contributions in the remote area and for your sacrifice for the collective interests on behalf of all the GCL people. Thank you for your selfless dedications!

The Bingshen Year of Monkey in the Chinese lunar calendar is coming. Monkey implies rich in the Chinese culture. Sun Wukong, the Monkey King is not only a symbol of wisdom and cleverness but also a virtue—never afraid of any difficulties to go for the goal. 2016 is the first year of the “13th Five-Year Plan” of China. When we are celebrating the Spring Festival here in China, you still have to be on duty in the foreign countries. I wish that the principals of our oil and gas project in Africa can comprehensively implement every step of the deployment proposed in the annual operation conference of the group to adapt to the “New Normal” of the economic growth by summarizing our previous experiences with the spirit of “the golden Monkey King who is waving his stick to clear all the dirties in the world”. Let’s set aside fears and stride to the New Year. During the festival, please pay attention to the security in production and operation to ensure the personal and property safety. Besides, we should take good care of the staff and their relatives who will be there spending the festival, to make them feel the warmth as if they were at home. Remember to take my regards to them on the New Year Eve!

On February 8, the Islamic people will also celebrate Mawlid, the important festival which is also the natural festival of Ethiopia and Djibouti. It will definitely be a grand occasion—the festivals of the Chinese and the Islamic people will be celebrated on the same day. I sincerely wish that you can seek common ground while reserving differences, trying your best to create the Chinese flavor with Chinese features to make the coming Feb 8 a day blending the specialties of both the Spring Festival and Mawlid, a festival prominent for the Chinese culture with GCL trademark. We miss you, as much as your families in China. Please remember to make a New Year call to your family with the modern communication tools and please also forward my most sincere regards to them.

Wish you all health and good luck in the Year of Monkey!

Chairman of Golden Concord Holdings Limited