4月27日，公司董事会在福炼大厦十五楼会议室召开了第一届董事会第二十次会议。董事长顾越峰先生主持会议，公司董事、监事、总裁班子、生产运行总经理、项目总监和各股东方代表出席了会议。公司技术与规划部、财务部、人力资源与行政部总经理列席有关议题的审议。
The 20th meeting of the 1st term board ofdirectors of FREP was held on April 27th at
the 15/F board meeting roomat Fulian Building. Chairman Gu Yuefeng chaired the
meeting. FREP Directors,Supervisors, Office of President, Operation General
Manager, Project GeneralManager and shareholders’ representatives attended the
meeting. GeneralManagers of Technical & Planning Department, Finance
Department and HumanResources & Administration Department also presented at
the review ofrelated agendas as non-voting attendees.
会议听取了公司管理层关于2015年以及2016年一季度业绩回顾的报告、2016年资本性投资项目、有关财务和授权指引的具体事项、人员管理方案、公司发展规划等情况的报告，并审议批准了相关事项。
The company management delivered presentations to the meetingcovering
Performance Report of 2015 and 2016 1Q, 2016 Capital Projects, Financeand DOAG Related Items, People Management Plan, FREP Master Plan, with relevantitems
reviewed and approved.
与会董事充分肯定了公司在2015年在HSE绩效、毛利提升、运营费用控制、能源管理等方面取得的成绩，特别是公司整体效益和现金流情况的出色表现。会上，各位董事要求公司管理层高度关注现场HSE管理，持续提高可靠性，降低油损，进一步提升公司的盈利能力。
The directors fully recognized FREP’s good accomplishments of 2015in aspects of
HSE performance, margin improvement, operating expenses control,energy
management etc., especially the outstanding performance in overallprofit and cash
flow. At the meeting, the directors expected FREP management toattach high
importance to field HSE management, continuously improvereliability, reduce oil
loss and further enhance profitability of the company.
公司管理层表示，有信心在董事会强有力的领导下和各股东方的大力支持下，持续提升公司的生产运营，努力实现业务计划批准的安全、可靠性、效益、运营费用和人员管理目标。
The company management commented that FREP has confidence tocontinuously
improve the company operation. With strong leadership of directorsand great support of shareholders, FREP will realize the approved objectives ofsafety, reliability, profit, operating expenses and people as the BusinessPlan.