Tianjin Action | the city's state-owned economy "stable" and "progressive", achieving a profit growth of 26.1% in the first 11 months of last year

　　Statistics show that in the first 11 months of 2021, the city's municipal state-owned enterprises achieved a profit growth of 26.1%, as of the end of November last year, the total assets of enterprises supervised by the Municipal State-owned Assets Supervision and Administration Commission increased by 5.7% year-on-year, and the state-owned economy achieved steady development.

　　In the face of this set of data, the person in charge of the Municipal State-owned Assets Supervision and Administration Commission said that the city's state-owned economy will achieve a "stable" development trend in 2021, and the "stability" is manifested in the effective prevention of risks and the overall situation is stable; "advance" is manifested in the layout of state-owned capital, and the city's state-owned assets and state-owned enterprises actively add around the city's development needs on the basis of serving the current and revitalizing the stock, and promote the solid landing of "Tianjin +" through new kinetic energy introduction.

　　In terms of "stability", the city's state-owned assets system adheres to the bottom line and effectively resolves risks. The reorganization plan of Wushan Group was completed, and the overall acquisition of related assets of listed companies in the commodity trade and automotive mechanical and electrical sectors was successfully introduced, and the enterprise was reborn from the fire; the reform and development plan of Kafang Group and Municipal Group has been formulated. In addition, the Municipal State-owned Assets Supervision and Administration Commission has set up a high-quality development fund for municipal state-owned enterprises to provide liquidity support for enterprises, actively strive for a "time window", enhance investor confidence, and maintain market credit. In 2021, all the open market debts of municipal management enterprises will be paid as scheduled.

　　In terms of "advancement", the city's state-owned assets system has found a way to solve the problem from the reform, and the enterprises supervised by the municipal State-owned Assets Supervision and Administration Commission have been "sieve" one by one to improve the symptoms, and "one enterprise and one policy" has promoted reform and development. Urban Investment Group transformed into a comprehensive operation service provider in the city, achieving operating income and net profit in the first 11 months of 2021 by 12% and 59.7% year-on-year, respectively; TEDA Holdings achieved stable growth in operating income and profit through comprehensive reform; Bohua Group's reform effect gradually appeared, and the "two modernization" relocation and transformation projects were all completed, and the operating income increased by nearly 22% year-on-year.

　　On the other hand, the new momentum of state-owned state-owned enterprises in the city is constantly accumulating - Jinzhi Capital and central enterprises jointly established a general machine tool group with a registered capital of 10 billion yuan, which has led to the settlement of the secondary headquarters of central enterprises; Tianzhi Company has realized the first mixed reform of enterprises; Tianjin Persuasion Industry has successfully completed major asset restructuring and changed its name to "Jinkai New Energy" to achieve transformation to the new energy industry; Tianjin Qiyi2 Communication Company has been listed; Bohai Securities has become the fifth IPO securities company in the country; and Tianjin Haihe Design Group has unveiled its debut Urban Investment Group based on urban renewal, the establishment of asset management companies, raising 60 billion yuan of urban renewal funds......

　　In the mid-term evaluation of the state's three-year action on the reform of state-owned enterprises in 2021, the city was rated as A-level, entering the top three in the country, and was praised by the State Council's Leading Group for State-owned Enterprise Reform. The mixed reform of state-owned enterprises in our city has been highly praised by the leaders of the National Development and Reform Commission who came to Tianjin to investigate.