Great powers and heavy weapons, sail out to sea! At the end of January, CRRC signed a contract with a company in the United Arab Emirates, and China’s passenger diesel EMUs were exported to the United Arab Emirates for the first time.
Super-engineering, clanging ahead! On January 31st, the main body of E23 pipe joint, which is in charge of CCCC No.4 Navigation Bureau, was poured, and the main body of the immersed tube tunnel in the deep middle passage was completely poured.
Energy supply, stable production! In the first month of the year, Tarim Oilfield of China Petroleum entered the ultra-deep oil and gas field, and the monthly oil and gas output equivalent climbed to a new level of 3.19 million tons, hitting a new high in the same period in history.
Since the beginning of the year, the vast number of state-owned enterprises have made concerted efforts, worked hard and made firm progress on the road of high-quality development.
The General Secretary of the Supreme Leader pointed out: "We must unswervingly deepen the reform of state-owned enterprises, focus on innovating institutional mechanisms, speed up the establishment of a modern enterprise system, give play to the enthusiasm, initiative and creativity of all kinds of talents in state-owned enterprises, and stimulate the vitality of all kinds of elements."
Report to the 20th CPC National Congress of the Communist Party of China proposed to deepen the reform of state-owned assets and state-owned enterprises, speed up the layout optimization and structural adjustment of the state-owned economy, promote the state-owned capital and state-owned enterprises to become stronger, better and bigger, and enhance the core competitiveness of enterprises.
At present, the main objectives and tasks of the three-year reform of state-owned enterprises have been completed. "The twentieth Congress of the Communist Party of China has pointed out a new direction and made new arrangements for the reform and development of state-owned enterprises." Zhang Yuzhuo, secretary of the Party Committee and director of the State-owned Assets Supervision and Administration Commission of the State Council, said that the next step will be to consolidate and deepen the achievements of the three-year action, plan a new round of deepening the reform of state-owned enterprises, and push state-owned enterprises to make new and greater contributions to comprehensively promoting the great rejuvenation of the Chinese nation with Chinese modernization.
Improve the modern enterprise system with China characteristics and make state-owned enterprises operate more efficiently.
General Secretary of the Supreme Leader pointed out: "Upholding the Party’s leadership over state-owned enterprises is a major political principle and must be consistent; Establishing a modern enterprise system is the direction of state-owned enterprise reform and must be consistent. "
Since the launch of the three-year action, state-owned and state-owned enterprises have fully implemented the "two consistency", made great efforts to promote the strengthening of party leadership in improving corporate governance, and accelerated the improvement of modern corporate governance mechanisms.
— — Constantly strengthen the leading role of party committees (party groups) in "taking the direction, managing the overall situation and ensuring implementation".
Issue and implement the Opinions of Central Enterprises on Strengthening the Party’s Leadership in Improving Corporate Governance, and promote state-owned enterprises to comprehensively formulate the list of pre-research items … … In recent years, the leadership of the party in state-owned enterprises has been continuously strengthened, and the boundaries of powers and responsibilities of various governance subjects have become clearer.
Systematically reshape the decision-making system, implement the pre-research and discussion procedures of party committees, and revise the rules of office meetings of party committees, boards of directors and general managers; Integrate more than 200 grass-roots party organizations with the industrial chain, and explore the new ecology of grass-roots organizations such as enterprises and land, sectors, industry and finance, and party building … … Relying on the guidance of Party building, Zhejiang International Trade Group, which once fell into operational difficulties, gradually realized transformation and extricating itself from difficulties. Last year, its revenue increased by 16% year on year.
— — Give better play to the role of the board of directors in "setting strategy, making decisions and preventing risks".
On December 29th, 2022, the State Power Investment Corporation held a board meeting, which deliberated and adopted another major project investment decision. "The external directors held three meetings to study and went to the field for investigation. In response to the questions and suggestions of external directors, the management members answer questions and organize demonstrations; The chairman and the party group also fully respected the opinions and suspended the pre-research of the party group meeting before reaching a consensus. " Lu Chun, convener of external directors of State Power Investment Corporation, said. From 2020 to 2022, among the topics deliberated and adopted by the Board of Directors of State Power Investment Corporation, 15 were studied and discussed by external directors for many times, which effectively improved the ability of directors to exercise their duties.
Documents such as the working rules of the board of directors of central enterprises, the evaluation methods of the board of directors and directors have been issued, and 13,000 subsidiaries of central enterprises, 724 local-level enterprises and 25,000 local-level subsidiaries have established boards of directors. The board of directors should be fully completed and basically realize the majority of external directors … … A series of reforms have made the role of the board of directors as the main body of business decision-making more prominent.
— — Further guarantee the management’s responsibility of "seeking management, grasping implementation and strengthening management".
"The management team has the right to use, be motivated and secure, and the corporate governance structure operates efficiently." Li Guangqing, chairman of Shandong SDIC, said that last year, the company’s board of directors granted decision-making power to managers in 17 aspects, including project investment, asset disposal, and salary assessment of ownership enterprises, which provided better protection for managers to perform their duties.
At present, 97.4% of the subsidiaries of central enterprises and 98.2% of local state-owned enterprises have established management systems in which the board of directors authorizes managers.
The Central Economic Work Conference proposed that the modern corporate governance of state-owned enterprises with China characteristics should be improved and truly operated according to the market-oriented mechanism. The State-owned Assets Supervision and Administration Commission of the State Council stated that the next step is to strengthen the party’s leadership in improving corporate governance, improve the level of internal system construction based on the company’s articles of association, hierarchically classify and dynamically optimize the list of major business management issues in front of the party Committee (party group); We will continue to select excellent and strong external directors, accelerate the construction of a professional, responsible, standardized and efficient board of directors, and deepen the construction of the board of directors of subsidiaries.
Optimize the layout of the state-owned economy, and the state-owned enterprises are more powerful.
General Secretary of the Supreme Leader stressed: "Promote structural adjustment, innovative development and layout optimization, so that state-owned enterprises can play a leading role in the supply-side structural reform."
Guoneng Bio-restructuring, a leading enterprise in the field of biomass power generation in China, entered the State Power Investment Corporation, the medical institutions under China Power Construction Corporation joined the General Technology Group, and the Three Gorges Group transferred its hydropower company to CCCC … … At the beginning of the new year, the professional integration of central enterprises has continued. During the three-year operation, the overall layout structure of state-owned capital was optimized through a series of measures, such as restructuring and integration, creating a "chain length" of modern industrial chain, and promoting slimming and fitness.
On the one hand, the strategic supporting role of the state-owned economy is further highlighted.
Build leading enterprises such as shandong energy, Shandong Port and Shandong Expressway; Separate and integrate the health, cultural tourism and environmental protection sectors scattered in other enterprises, and form regional leading enterprises such as Shandong Health, Shandong Cultural Tourism and Shandong Environmental Protection … … In recent years, Shandong has actively promoted strategic restructuring in the fields of equipment manufacturing, coal and ports. "The layout of the state-owned economy is more optimized, and the quality and efficiency are further improved. Last year, the operating income of Shandong provincial enterprises increased by 51.4% compared with 2019." Man Shengang, Party Secretary and Director of Shandong SASAC, said. According to statistics, during the three-year operation, 347 provincial state-owned enterprises in 116 groups were reorganized and specialized integration was carried out 2150 times.
With regard to central enterprises, since the launch of the three-year action, the State Council State-owned Assets Supervision and Administration Commission has successively promoted the strategic reorganization of four groups of seven central enterprises, newly established and accepted eight central enterprises, including China Satellite Network and China Rare Earth, and promoted more than 30 specialized integration projects of central enterprises in the fields of electric power, inspection and medical care. At present, central enterprises account for more than 70% of the income in key areas of national security, national economy and people’s livelihood.
On the other hand, the advantages of state-owned enterprises in taking charge of their main business have been further enhanced.
In the early morning of January 29th, with the "Nansha Glory" unloading the whole ship of Brazilian iron ore in Rizhao Port, the cumulative cooperative freight volume between China Mining and Brazil’s Vale, which belongs to COSCO Shipping, exceeded 100 million tons. Operating income ranks first among global shipping companies, and it carries 1/10 of the world’s shipping trade volume with 1/18 of the world’s capacity. The total assets have historically exceeded one trillion yuan. By promoting internal integration, forming scale advantages and digging deep into synergies, COSCO Shipping’s comprehensive strength and global shipping market position have been further enhanced.
At the foot of the Mid-Levels in Hangzhou, the former "Shili Steel City" is now a hot spot for digital economy. Since the three-year operation, Hangzhou Iron and Steel Group has promoted the shutdown and transformation of Mid-Levels Iron and Steel Base, eliminated inferior industries in an orderly manner, and developed and expanded new industries through asset packaging, investment and mergers and acquisitions. "From deep cultivation of traditional manufacturing industries to participation in the digital economy, structural adjustment has enabled the Group to achieve a new leap. Last year, the revenue of strategic emerging industries increased by 56% year-on-year." Zhang Liming, chairman of Hangzhou Iron and Steel Group, said.
In 2022, central enterprises realized a total operating income of 39.4 trillion yuan, an increase of 8.3% year-on-year; In the first 11 months of 2022, local supervision of state-owned enterprises realized operating income of 33.7 trillion yuan, up 8.1% year-on-year & hellip; … With the deepening of reform, the competitiveness, innovation, control, influence and risk resistance of the state-owned economy have been continuously enhanced. A few days ago, the State-owned Assets Supervision and Administration Commission of the State Council issued a notice requesting central enterprises to further focus on their main business, develop the real economy, improve the quality of effective investment and promote a good start in the first quarter.
Improve the innovative market-oriented management mechanism, and the state-owned enterprises will be more energetic.
General Secretary of the Supreme Leader pointed out: "State-owned enterprises should deepen reform and innovation and strive to build modern enterprises".
Since the launch of the three-year action, three system reforms have broken the ice in an all-round way, and a new type of management responsibility system with the tenure system and contractual management as the core has been basically established.
— — Moving away from the "iron chair", managers can go up and down.
All the management members of the 1471-seat enterprise signed the annual/term operating performance responsibility letter; Refine 18 specific implementation measures, put forward the goal of struggle, and clearly stipulate 7 kinds of exit situations … … Not long ago, in 2022, the "Assessment List" of COSCO Shipping Managers was announced, and the proportion of final adjustment and incompetent withdrawal reached 6.93%.
Capable people go up, mediocre people go down. At present, the proportion of central enterprises and local sub-enterprises at all levels that carry out the tenure system and contractual management of managers has increased to over 99.6%, covering 84,000 enterprises with a total of 220,000 people. By the end of November 2022, the proportion of managers of central enterprises and local state-owned enterprises competing for posts reached 57% and 56.3% respectively.
— — Break the "iron rice bowl" and employees can get in and out.
Anhui provincial enterprises have fully implemented open recruitment, and in the past three years, they have hired 41,400 people of various types; Chinalco Group finds out the way for the surplus staff through job-transfer training and cross-enterprise transfer and resettlement … … Through the reform, the proportion of open recruitment of new employees in central enterprises and local state-owned enterprises has risen to over 99.9%.
— — If you don’t engage in "big pot rice", your income can increase and decrease.
Performance is linked to electricity, and posts are determined by performance. In Jidian Distribution Power Company under the State Power Investment Corporation, among the power market development and marketing teams formed by more than 30 employees, each of them signed a market-oriented salary agreement, and the enthusiasm of employees was further enhanced.
We will continue to promote the reform of the wage determination mechanism of state-owned enterprises, flexibly use medium and long-term incentive measures such as equity incentive, dividend incentive, excess profit sharing, virtual equity, and follow-up investment, and continuously optimize the market-oriented salary distribution mechanism of state-owned enterprises. At present, the proportion of qualified central enterprises and subsidiaries of local state-owned enterprises that have carried out medium and long-term incentives has reached 94% and 88.8% respectively, benefiting 491,000 key employees.
The relevant person in charge of the State-owned Assets Supervision and Administration Commission of the State Council said that the next step will be to continuously deepen the reform of the three systems, fully implement the "three-energy" mechanism, push forward the examination and evaluation of reform in a normal way, and create a model of 100 households’ reform by classification.