Yunnan State Assets Supervision and Administration Commission adhere to the guidance of high goals, high quality promotion, with a sense of responsibility, urgency and unprecedented efforts, strive to promote the implementation of all tasks in the three-year action of state-owned enterprise reform, and achieved a series of significant progress and important results. All reform tasks in the three-year action of Yunnan State enterprise reform have been fully completed.

Further progress was made in strengthening practice and exploring ways to build a modern enterprise system with Chinese characteristics

The "two and one are consistent" principle has been fully implemented, and efforts have been made to clarify the boundary between the rights and responsibilities of various governance subjects. A corporate governance mechanism featuring legal, transparent, coordinated operation and effective checks and balances has been accelerated. System documents such as Model Text of the List of Matters for Preliminary Study and Discussion by the Party Committee of State-owned Enterprises, Guide for Normative Construction of the Board of Directors of Provincial Enterprises (Trial), Evaluation Measures for the Board of Directors of Provincial Enterprises, Guide for the Performance of the Duties of External Directors of Provincial Enterprises (Trial) were issued, and provincial enterprises should make progress in fully realizing the "Party building into the Constitution". Provincial first-level enterprises and sub-enterprises at all levels fully realize that the board of directors should be fully established and the outside directors should be the majority. All the provincial first-level enterprises and sub-enterprises at all levels that have established the board of directors should establish the authorization management system of the board of directors to the manager and establish the authorization tracking supervision dynamic adjustment mechanism.

Gather strength to optimize and adjust the structure of state capital distribution and form a new pattern

Focusing on the major strategy of service, deepen the supply-side structural reform, guide the state assets supervision agencies (municipalities) and provincial enterprises to formulate the "14th Five-Year Plan" with high standards, establish the strategic planning system of provincial state assets for the first time, and promote the concentration of state capital in pillar industries and emerging industries such as new materials and biomedicine. The proportion of investment in strategic emerging industries by provincial enterprises in 2021 increased by 125.48% compared with 2019. In order to improve the resilience and safety of industrial and supply chains, provincial enterprises have been encouraged to carry out a number of key projects in medical and health care, grain storage and supply of agricultural products, and completed more than 50 projects to strengthen areas of weakness in education and health. It has further promoted strategic restructuring and professional integration, completed the integration and restructuring of 6 groups of enterprises, involving 14 enterprises, and formed a number of key enterprises such as Yuntianhua Group with outstanding main business, clearing up "small and weak", clear sectors and strong core competitiveness. Formulate the Special Action Plan for Provincial Enterprises to slim down and Improve the quality and Efficiency of "100 days to Tackle Hard Problems", and "One enterprise, one policy" comb and refine the task list, so as to make greater efforts to promote the work of slim down and healthy enterprises.

The core competitiveness of enterprises has been improved by focusing on science and innovation

We will strengthen policy support, formulate the Implementation Opinions on Improving the Independent Innovation Capability of State-owned Enterprises, and implement supporting policies for encouraging innovation, introducing high-level talents, and building research and development platforms. In accordance with the target of an average annual increase of 20% or more in R&D investment of industrial enterprises, enterprises are encouraged to increase R&D investment. In 2021, four industrial enterprises will complete a 28% increase in R&D investment compared with 2020, with the absolute intensity of R&D investment reaching 4%. We have actively set up innovation platforms for the collaborative development of disciplines, scientific research and industries. Provincial enterprises have established 169 innovation consortia, industrial technology innovation alliances and public R&D platforms, and 60 platforms for mass innovation and innovation. Breakthroughs have been made in a number of key core technologies, including clean utilization of resources and near-zero emission of heavily polluted solid waste from sources, smelting of complex polymetallic zinc concentrate, and preparation of rare and precious metal welding/mounting conductive materials.

The vitality and efficiency of enterprises are taking on a new look

Adhere to the direction of market-oriented reform, firmly grasp the tenure system of managers and contractual management, comprehensive measures, multi-pronged, provincial first-level enterprises and sub-enterprises at all levels of contractual management of the tenure system of managers from the number of enterprise households accounted for less than 20% to the full coverage, standardized and effective constantly deepening. The three institutional reforms have broken the ice in a larger scope and at a deeper level. Since 2020, more than 3,800 managers of provincial first-level enterprises and their sub-enterprises at all levels have competed for posts, and more than 570 have quit due to final adjustment or incompetence. 100% of the enterprise households have implemented performance appraisal for all employees. Yunnan Energy Investment Group was rated as a benchmark enterprise by the State-owned Assets Supervision and Administration Commission of the State Council. The reform experiences of Yuntianhua Stock equity incentive, Yunxi Holding Group management and control, and precious metal Group innovation system construction have been replicated and promoted throughout the province.

Improve the state-owned assets supervision system to promote the high-quality development of state-owned assets and state-owned enterprises to a new level

Adhering to the combination of authorization and supervision, the unification of decentralization and management, strengthening coordination of supervision, and effectively improving professional, systematic and law-based supervision capabilities, Yunnan Province has ensured the healthy development of enterprises. In 2021, the profits and taxes of provincial enterprises increased by 22% year-on-year, and the labor productivity of all employees increased by 39% year-on-year. It formulated a list of regulatory powers and responsibilities and a list of delegated powers, clarifying 35 items of supervision and administration of SASAC and 21 items of delegated powers. We revised the Management Measures for Assessing the Business Performance of Persons in Charge of Provincial Enterprises, and formed an indicator assessment system of "two benefits and four rates". We formulated and promulgated the Rules for the Implementation of the Measures for the Supervision and Administration of Investment by Provincial Enterprises to consolidate the main responsibilities of enterprises and strengthen prior, ongoing and post-operational supervision. Establish a mechanism of coordination and interaction of supervision and supervision consultation with institutions of discipline inspection, inspection, audit, etc., to build a "big supervision" pattern. We raised the level of legalized supervision, issued the Opinions on Further Strengthening and Improving the Supervision and Administration of State-owned Assets and the Opinions on Further Standardizing the Supervision and Administration of State-owned Assets and Enhancing the Supervision Capacity, and established and improved a three-in-one supervision system of operational supervision, comprehensive supervision, and accountability.

Source: State-owned Assets Supervision and Administration Commission of the State Council