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Important progress was made in key areas of state-owned enterprise reform in Sichuan province

Since last year, Sichuan province has fought a decisive battle in key areas and key links with the determination and strength of sprint at the beginning and decisive battle at the beginning. A new round of reform of state-owned enterprises has been set off. Dividends of reform of state-owned enterprises have been effectively released and the vitality of enterprise development has initially appeared.


1.the establishment of a modern enterprise system with Chinese characteristics was accelerated. At present, sichuan province's enterprises "party construction into the chapter" reached 100%. At the group level, "full coverage" has been achieved in the allocation of external directors. Nearly 80% of the board of directors is "outside the board of directors", and 98.8% of the boards of directors of subsidiaries at all levels are "outside the board of directors". Sichuan's development of group control projects based on the restructuring of the system was selected as the "benchmark project" in the First-class benchmark activity of State-owned Assets Supervision and Administration Commission of the State Council.


2.We will steadily advance mixed-ownership reform on a tiered and classified basis. By the end of February 2022, sichuan had 61 percent of state-owned enterprises affiliated to the reform, 13 holding listed companies, and a total market value of over 230 billion yuan. Enterprises engaged in mixed-use reform have been further promoted to change their operating mechanisms, and sichuan Luqiao, Chuanneng Power, Huaxi Pipe Pile, provincial Chinese Herbal Medicine Company and other enterprises have achieved good results in "promoting reform through mixed use".


3.notable results were achieved in the three institutional reforms. In Sichuan provincial enterprise groups, the signing rate of tenure system for managers reached 100%, the sub-enterprises at all levels reached 99.7%, the open recruitment rate of new employees and the performance assessment rate of all employees reached 100%, the competition rate of managers reached 96.5%, and the ratio of late adjustment and incompetent withdrawal reached 7.4%. More than 100 subsidiary enterprises of Sichuan province have hired nearly 300 professional managers, and the market-oriented operation mechanism has been further improved.


4.Solid progress was made in the project to reform state-owned enterprises. Breakthroughs in deep-seated reform were made in 7 "Double Hundred enterprises", 2 "science reform demonstration enterprises", and 70 "Tianfu Comprehensive reform Enterprises". Five enterprises were newly selected as "science reform demonstration enterprises", accelerating the building of leading soldiers and models of reform. The reform case of commercial investment Group was selected as the national "Double Hundred Action" reform sample, and Hongming Electronics was awarded as the national 8 local "science reform demonstration action" benchmark enterprise.


5.the core competitiveness of soes continued to improve. Special actions were carried out to improve the efficiency of sichuan's affiliated enterprises. Notable achievements were made in clearing out and withdrawing "non-state-owned enterprises and non-state-owned enterprises", controlling key loss-making subsidiaries, and comprehensively cleaning up "zombie enterprises" and historical problems. The investment in science and technology R&D continues to increase. In 2021, the investment in science and technology R&D of sichuan enterprises reached 4.67 billion yuan, with a year-on-year increase of 85.32%. From January to February 2022, it reached 490 million yuan, up 54.41% year on year. Digital transformation has been accelerated. The digital construction supply chain platform of Huaxi Group and the industrial Internet energy big data platform of Chuannengzhi.com have been selected as typical cases of state-owned enterprise digital transformation by State-owned Assets Supervision and Administration Commission of the State Council.


6.the state assets supervision system focusing on capital management has been gradually improved. We streamlined 35 items of supervision, issued 31 items of power and responsibility lists, and 40 items of authorization and delegation lists. We formulated measures and two lists for strengthening effective supervision and improving targeted services, and implemented online supervision of large sums of funds for 17 enterprises affiliated to Sichuan Province.


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