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Bishan's "one enterprise, one policy" promotes the reform of state-owned enterprises

author:Huanuo Xincheng financial advisor
Bishan's "one enterprise, one policy" promotes the reform of state-owned enterprises

On April 19, the reporter learned from the state-owned asset management center of Bishan District that since the city sounded the "charge" of the reform of "three tackles and one revitalization" in December last year, Bishan District has made efforts and made a fuss around the establishment of an institutional system network, established seven guarantee mechanisms, and opened up smooth green channels.

According to the survey data at the end of 2023, there are 77 state-owned enterprises in Bishan District, and so far, 20 have achieved a reduction in the number of households by closing down and exiting, and among the 42 enterprises that were in a loss-making state, 40 have not only achieved stop loss, but also 18 have turned losses into profits.

In the past three years, it is the only case of "double relocation" of a state-owned holding listed enterprise in China

On April 18, at the production base of Chongqing Huicheng Information Technology Co., Ltd., located in Bishan High-tech Zone, workers were busy on the assembly line of new energy vehicle charging equipment. This company has not only created a precedent for the city's state-owned capital to merge and acquire listed enterprises, but also become the only case in the country in the past three years to complete the "double relocation" of the registration place and production place of the state-owned holding listed enterprise. In the first quarter of this year, the company completed the signing of a contract amount of 67.35 million yuan, ushering in a "good start" after moving to Bishan.

Bishan's "one enterprise, one policy" promotes the reform of state-owned enterprises

▲Huicheng Technology is located in the production base of Bishan High-tech Zone. Photo courtesy of the Propaganda Department of the Bishan District Party Committee

"To further promote the reform of state-owned enterprises and strive to improve the level of state-owned asset securitization, we have achieved positive results by focusing on the cultivation of local listed resource echelons and mergers and acquisitions of listed enterprises in other places. Wang Hongbo, member of the Party Committee and deputy director of the Bishan District State-owned Assets Management Center, said that in order to accurately screen target enterprises, they have repeatedly convened professionals in the fields of industrial development, laws and regulations, equity analysis, etc., to conduct comprehensive analysis and judgment on the company's scale, profitability, equity structure, development prospects, etc., comprehensively do a good job in risk assessment, and clarify the screening conditions for the introduction of listed companies in other places, and take "compatibility with local industrial development", "equity acquisition cost" and "difficulty of relocation" as the main considerations.

After consulting with intermediaries and multi-dimensional comparison of target information, combined with the actual industrial development of Bishan, the state-owned asset management center of Bishan District listed 6 companies including Shenzhen Huicheng Information Technology Co., Ltd. as the object of further investigation, and negotiated with 6 companies on business matching, high-quality asset injection requirements, relocation intentions, etc., and finally selected Huicheng Technology as the target enterprise of state-owned assets holding after comprehensive research and judgment—— The company is mainly engaged in the R&D and manufacturing of electrical equipment and high-speed DC new energy vehicle charging pile equipment of 35KV and below, with a deep R&D foundation and industry resources for electrical equipment, and its main business has a high degree of industrial relevance and good resource complementarity with Bishan District.

"In the process of promoting the state-owned holding of listed enterprises in other places, we have not only introduced 16 policies to support the listing of enterprises, but also formulated a plan for 'one enterprise and one policy', set up a special class, and what is lacking in the listing of enterprises, the government will think about what to make up. Wang Hongbo said that after Bishan District obtained the actual control of Huicheng Technology through debt restructuring, it changed its industrial and commercial registration to Bishan District in December 2023 and officially changed its name to Chongqing Huicheng Information Technology Co., Ltd.

In the process of promoting the reform and breakthrough of "three tackling tough problems and one revitalization", Bishan District has established a network of "3+6+N" system system, "3" refers to the three major work priorities of "stopping losses and curing losses", "slimming down and keeping fit" and "improving efficiency and increasing energy"; "6" refers to one enterprise and one policy for 6 key state-owned enterprises in the district, "N" refers to the "one enterprise and one policy" plan for 42 loss-making enterprises to reduce losses and turn around losses, the "one industry and one policy" plan for the revitalization of 46 enterprises' state-owned assets, and three special plans for debt management.

Revitalize state-owned assets and attract 10 enterprises to settle in

"Since its completion in November last year, the industrial park has attracted 10 intelligent networked new energy vehicle related enterprises to settle in. On April 19, Liao Lifei, deputy general manager of Chongqing Liangshan Group Liangshan Property, told reporters that through the special class of the intelligent networked new energy automobile industry in the linkage zone, they not only effectively revitalized the state-owned assets, but also allowed the relevant industrial chain to further gather and extend.

The reporter learned that there are 77 state-owned enterprises in Bishan District, with total assets of 108 billion yuan, most of which are concentrated in Liangshan Group, Green Development Group and Guolong Group, and the total assets of the three groups are nearly 100 billion yuan. Liangshan Group is responsible for the industrial investment of the whole zone, undertaking the land development and consolidation, infrastructure construction, public services of the park south of Yongjia Avenue in the high-tech zone, and managing and operating the operating assets within the high-tech zone. Guolong Group undertakes the task of comprehensively promoting rural revitalization, including rural infrastructure construction and integration of agricultural resources.

In 2021, Liangshan Construction, a subsidiary of Liangshan Group, obtained 96 acres of land within the scope of Bishan High-tech Zone, at the beginning, Liangshan Group wanted to build it into a park under the centralized management of small and medium-sized enterprises in townships and towns, but due to the low willingness of enterprises to settle in, the degree of agglomeration is not high, and there is no clear industrial direction, this idea was shelved, and 96 acres of land was once idle.

"After 2022, with the adjustment of industrial policies and development directions, we will set out to build an intelligent networked new energy vehicle industrial park on this land. Liao Lifei introduced that while speeding up the construction of the park, they also linked up with the special class of the intelligent networked new energy automobile industry in Bishan District and actively introduced enterprises to settle in. In November 2023, the park with a total construction area of 137,000 square meters was completed, and 10 intelligent networked new energy vehicle related enterprises have settled in. "Not only will tens of thousands of square meters of factory buildings generate rental income, but after all these enterprises are put into operation, they will also bring billions of yuan in output value. Liao Lifei said.

"We have also established seven guarantee mechanisms, such as 'reporting and pushing, supervision and urging, discipline inspection and chasing, special class determination, sales number clearing, notification ratio, and horse racing evaluation'. Wang Hongbo said that at the beginning of each month, the district reform leading group office will collect and sort out the progress of the reform work, report the slow progress of the unit, and at the same time take the state-owned enterprises as a separate track, and incorporate the state-owned enterprise reform into the horse racing index system, and dry it every quarter.

After 30 years of wind and rain, this state-owned cinema has "retired".

At the beginning of April, three employees who were "laid off" from Chongqing Bishan Film Projection Co., Ltd. happily went to Chongqing Bishan Cultural Tourism Industry Co., Ltd. to go through the entry procedures, "This reform is a good thing for the film company and our employees!"

Chongqing Bishan Film Projection Co., Ltd. is a state-owned enterprise established in the 90s of the 20th century, which owns a cinema and undertakes the task of film screening for the benefit of the whole region. Once upon a time, the company was also thriving, but with the change of the times, the company's cinema screening volume has shrunk severely, even to the point that there is no film schedule and it cannot be opened.

"To be honest, the old cinema facilities are outdated and the film source is lagging behind, and I went there once a few years ago when the unit organized a centralized movie. Wang Hongbo said that in recent years, due to the serious failure of market-oriented business, Chongqing Bishan Film Screening Co., Ltd. relies on more than 60 yuan of financial subsidies for Huimin films and special screenings for students every year to survive.

In this year's "three key attacks and one revitalization" reform breakthrough target task, this company was listed as a target for closure and withdrawal. The functions of Huimin film screening and other functions undertaken by it, as well as the three in-service employees, were all transferred to Chongqing Bishan Cultural Tourism Industry Co., Ltd.

"On March 2, Chongqing Bishan Film Screening Co., Ltd. filed an application for simple deregistration, but during the 20-day publicity period, it encountered obstacles. Gou Jianwei, a staff member of the Bishan District Taxation Bureau, told reporters that in accordance with the relevant regulations, the cancellation of enterprises needs to complete the relevant procedures with the tax department during the publicity period before they can handle the cancellation of industry and commerce, but due to the long existence of the film company, there are some difficulties in the actual process that are difficult to solve, resulting in approaching the deadline of the publicity period, and it has never been possible to successfully complete the cancellation of industrial and commercial registration.

After learning about the situation, the Bishan District Taxation Bureau and the District Market Supervision Bureau immediately opened the green channel, reported the specific situation to the superior class, arranged a special person to track and dock, and at the same time contacted the operation and maintenance department to provide technical support, and finally let the enterprise successfully complete the cancellation on March 29.

The reporter learned that around the reform breakthrough of "three key attacks and one revitalization", Bishan District has promoted the closure and cancellation of enterprises by opening up a smooth green channel, and adopted the strategy of publicity and disposal through the all-round linkage system of the state-owned assets center, tax department, market supervision, human resources and social security, and people's courts, so as to fully complete the reform task.

Xiao Zuhai, director of the Office of the Leading Group for the Reform of State-owned Enterprises in Bishan District, said that in the next step, they will adhere to a comprehensive policy of institutional system network, seven guarantee mechanisms and smooth green channels, and promote the "one enterprise and one policy" to promote the loss of state-owned enterprises to open source and reduce expenditure, and promote the two typical enterprises to reduce losses from the aspects of increasing operating income, reducing costs, compressing expenses, and strengthening risk prevention and control. The task of reversing losses; promoting the reform of state-owned enterprises in the district, continuously improving the core competitiveness of enterprises, and ensuring that the growth rate of total profits is not less than 5%; taking multiple measures to promote the platform company to reduce debt and increase efficiency, and actively connect with banks and other financial institutions to reduce comprehensive financing costs by repaying and replacing high-interest debts, and reduce the financing costs of state-owned enterprises in the district by 50 basis points by the end of December.

Source: Chongqing Daily

Bishan's "one enterprise, one policy" promotes the reform of state-owned enterprises