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To build a world-class number of state-owned enterprises revealed action plan

It is the great responsibility of state-owned enterprises to build "world-class", which is not only the competition of scale, but also the all-round competition of core management ability.


200 benchmarking enterprises, 100 benchmarking projects and 10 benchmarking models... It has been nearly two years since The State-owned Assets Supervision and Administration Commission (SASAC) launched the bid for world-class management promotion in Central and local key state-owned enterprises in June 2020 (hereinafter referred to as the "bid promotion Campaign"). This year, as the final year of the three-year campaign of state-owned enterprise reform, the bid promotion campaign has entered a critical stage of deepening evaluation and implementation. A number of soes revealed plans for management, innovation and reform.


"When state-owned enterprises aim to improve world-class management, efficiency and benefits should be the key." Reform of state-owned enterprises under the State Council leading group office vice director, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, WengJieMing said the sasac will promote compliance management plan as a whole this year to strengthen in special promotion action, investment management, intelligent digital assets supervision promote special action, improve the quality of state holding listed company theme, "three combination" internal control system construction, etc.


All costs can be reduced


"All costs can be reduced." Quan Huaqiang, a member of the Standing Committee of the FAW Party Committee and chief accountant, felt deeply about the price rise of raw materials in 2021.


According to the introduction, the company vigorously implement the "cost reduction and cost reduction project", the establishment of the horizontal link longitudinal cost reduction management organization. In addition, we have carried out full-cost benchmarking for three consecutive years, established 90 benchmarking groups, and built a benchmarking framework that has penetrated three major business areas and integrated 22 industry financial indicators. At the same time, the "TOP C" key cost project management mechanism has been established. Since 2019, 98 group-level projects have been implemented, achieving a cost improvement of 14.36 billion yuan. In addition, a digital sharing platform has been built around cost-cutting knowledge management, and so far 1952 cost-cutting knowledge has been promoted online.


"Thanks to these measures, we reduced capital costs by 27.8 billion yuan last year, providing strong support for the positive growth of business performance." Quan Huaqiang said.


In Sinopec Zhenhai Refining and Chemical Co., LTD., employees also clearly feel that "do it immediately and do it well" is not just a slogan, but really falls on the effect, efficiency and benefit.


Sinopec Zhenhai Refining and Chemical Party secretary Mo Dingge said that in 2021, the company's management "true knife", the pursuit of management simplification, quantitative, optimization. In 2021, the average processing time will be shortened from 2 days to 0.31 days. By improving the cost-to-target management system for all staff members and the mechanism of "one stable and five optimized" process, 1.996 billion yuan will be increased in revenue and expenditure in 2021. In the performance evaluation of the global petrochemical industry, the company ranked first in refining in Asia Pacific and first in ethylene in the world. In 2021, per capita labor productivity will reach 5.254 million yuan, and profits and taxes will reach 32.1 billion yuan, leading the industry in terms of efficiency and efficiency.


Weng Jiemeng said that in-depth quality and efficiency improvement special action, state-owned enterprises digital transformation action, compression of management levels to reduce the number of legal person and other continuous management, cost control, improve quality and efficiency, effectively reduce enterprise costs, improve operation and management efficiency, in 2021, the benefit growth of central enterprises reached the best level in history.


Ten thousand horses galloping through innovation


In September 2020, Weichai Group successfully developed the world's first commercial diesel engine with an internal thermal efficiency of 50.23%. However, 480 days later, the world record was set again. They improved the internal thermal efficiency of the diesel engine to 51.09%.


"We are now working on commercialization and applying the technology to product development and upgrading." Weichai Power on March 1 in the investor interactive platform said.


If the world's first commercial diesel engine with a thermal efficiency of 50.23% is like running 100 meters under 10 seconds for the first time in human history; Then the thermal efficiency of diesel engine body has reached 51.09% for the first time in the world, just like running 9 seconds on the 100-meter race track, which will further enhance China's voice in the global internal combustion engine industry.


Behind the huge breakthrough lies the ecological construction of "ten thousand horses galloping for innovation". It is understood that the engine sector of Weichai Group has invested 30 billion yuan in r&d in the past decade, and it is expected to exceed 6 billion yuan this year. At the same time, a scientific and technological innovation system of "independent innovation + open innovation + craftsman innovation + basic research innovation" has been established. All staff participate in continuous innovation, among which the average annual technical innovation achievements of front-line production workers are more than 400, and the total number of major on-site improvement projects named after employees is more than 200; Management and technical personnel have carried out more than 40,000 management innovation projects, creating economic benefits of nearly 2 billion yuan.


"Constantly improve the innovation incentive mechanism, to explore the scientific and technological personnel equity, bonus incentive and other distribution methods, individual awards with outstanding contributions can reach 10 million yuan." Hu Haihua, general manager and Party secretary of Weichai Group, said that these measures have greatly stimulated the vitality of "ten thousand horses galloping toward innovation".


"In the next step, we will continue to increase investment in scientific research and improve the efficiency of scientific research. At present, we have invested 3 billion yuan to build Sinopec Ningbo New Materials Research Institute, which is expected to be put into operation by the end of this year." Mo Dingge revealed.


Coordinated reforms add impetus to the economy


Higher level organizations can be established and removed, managers can be up and down, employees can be in and out, income can increase and decrease, talent can cultivate and attract... Since last year, the tenure system and contract management have been applied to all managers and middle-level managers of CRRC sub-level enterprises, and more than 80% of newly promoted middle-level and upper-level managers of first-level and second-level subsidiaries have been selected through competitive selection.


As a pilot enterprise for the reform of state-owned capital investment companies and the establishment of world-class demonstration enterprises, The National Energy Group has deepened the reform of state-owned capital investment companies and implemented the "headquarters mechanization" rectification. The headquarters department has been reduced by nearly half, the number of staff has been reduced by 42%, and the management matters have been delegated to lower levels by 29%. We will deepen internal reform, complete regional integration of thermal power business and professional integration of 18 homogeneous enterprises in batches.


Yang Jiping, deputy general manager and member of the party group of The National Energy Group, said that compared with the establishment of the reorganization four years ago, the group's total operating revenue and profit have increased 36%, the labor productivity of the whole staff has increased 33%, and its comprehensive strength is firmly in the forefront of similar enterprises in the world.


This is not an isolated case. "On the whole, the Chinese characteristic modern state-owned enterprise management system to be more perfect, the management standardized, scientific level, emerge a batch of inheriting tradition, state-owned enterprises and meet the requirements of the new era new benchmark, shows the state-owned enterprise management efficiency to create first-class new style and features, formed management and innovation development coordination, promote each other." Weng Jieming so evaluation of the effectiveness of the bid to promote action.


According to sasAC data, by the end of 2021, 96 central enterprises had made an average progress of 92.01%. The average progress of key local state-owned enterprises reached 81.62 percent. In 2021, the operating revenue profit margin of central enterprises was 6.8%, the cost profit margin was 7.1%, and the labor cost profit margin was 80.7%, which were 2.3 percentage points higher, 2.4 percentage points higher, and 26.8 percentage points higher than at the beginning of the benchmarking campaign. The per capita labor productivity of central enterprises reached 694,000 yuan. The increase was 32.2 percent, more than five times the average level of the whole society.


Weng Jieming revealed that the next step sasAC will focus on goal-oriented, problem-oriented, and continue to deepen the modernization of state-owned enterprise management system and management capacity. We will closely integrate actions to raise standards with actions to deepen world-class demonstration efforts and create value for world-class enterprises, and work in tandem with efforts to stabilize growth, prevent risks, promote reform, improve quality and efficiency, slim and healthy bodies, and take comprehensive measures. In addition, establish and improve the long-term mechanism of management and promotion, guide enterprises to improve benchmarking data, optimize management indicators, form a closed loop of management, consolidate the management and promotion results with a complete system, and ensure that "the end is not the end".


Source: State-owned Assets And Administration Commission of The State Council