Mixed Ownership Is The Highlight. State Capital Will Withdraw From Sichuan Textile Group.

Sichuan aviation group, Sichuan tourism development group, Sichuan business group and Sichuan rich enterprise restructuring investment limited liability company The collective economy and non-public sectors of the economy will be introduced.

The reform of state owned enterprises in Sichuan is proceeding in an orderly manner in line with the provincial and provincial governments' opinions on deepening the reform of state owned enterprises to promote development (hereinafter referred to as "opinions").

In May 22nd, reporters from Sichuan Sichuan creative intelligence Cci Capital Ltd, which is a professional consulting service of state-owned enterprise reform, is informed that Sichuan is in accordance with the spirit of the opinions and classifies the existing provincial state-owned enterprise groups in Sichuan. On this basis, it will take different forms to carry out reforms in order to enhance the vitality and competitiveness of state-owned enterprises and contribute to Sichuan's "two stride".

　 Mixed ownership is the highlight.

"From the" opinion ", we find that the way of reform of state-owned enterprises in Sichuan has increased significantly compared with the past, and the path of entry and exit of state-owned capital is much richer. Diao Jun, chairman and chief executive officer of Sichuan innovation and development Cci Capital Ltd, said that these methods and paths include mixed ownership, internal restructuring, external restructuring, the formation of state-owned capital holding groups, and the withdrawal of state capital from a small number of enterprise groups, and so on.

It is understood that the following will be the implementation of the mixed ownership reform of Sichuan Airlines Group, Sichuan tourism development group, Sichuan business group and Sichuan Fu run enterprise restructuring investment limited liability company and other state-owned enterprises, will introduce the collective economy and non-public sectors of the economy.

Diao Jun introduced that there are two ways to reform the mixed ownership system. One is to transfer part of the stock assets or shares to the collective economy and non-public sectors by the state owned enterprises; the other is to establish a new company jointly funded by the state-owned enterprises and the collective economy and the non-public sectors of the economy. "Mixed ownership will be the highlight of this round of reform of state-owned enterprises, forming a pattern of" you have me and I have you ". Diao Jun said that because of their own interests, investors must set up corporate governance structures such as shareholders' meeting, board of directors and managers. Supervisors will supervise the management and form a mutual restriction mechanism.

Zhou Yousu, former vice president and researcher of Sichuan Academy of Social Sciences, said that mixed ownership is helpful to standardize the construction and operation mechanism of the board of directors of state-owned enterprises. Because the existing state-owned sole proprietorship mode is easy to produce the disadvantages of "one dominant enterprise" and "insider control".

State capital will go forward and retreat.

In addition to mixed ownership, this round of SOE reform will also take the following reform measures for different SOEs: to improve the corporate governance structure of the state owned SOEs such as Sichuan Huaxi Group, Sichuan Changjiang group, Sichuan Nonferrous Metals Technology Group and Sichuan state owned assets management company, and establish a company decision-making mechanism with the board as the main body. According to the provisions of the company law and articles of association, the opinions require the board to exercise its functions in major decisions, remuneration, selection and appointment. Apart from the general manager, members of other managers generally do not enter the board of directors. Competitive enterprises carry out the board structure larger than inside. "Competitive enterprises carry out a board structure larger than inside, that is, the number of external directors is greater than the number of internal directors." Diao army interpretation said.

In the view of Diao Jun, on the one hand, we should not only return to the board of directors, but also carry out the functions and powers of the board of directors in major decisions, salary appraisal, selection and appointment, etc. on the other hand, we should implement the "board structure" which is larger than inside, which will help to form a binding mechanism and avoid "insider control" and abuse of power.

It is reported that there are Sichuan tourism development group, Sichuan Jinhong group and so on. The reorganization of such companies mainly takes the form of optimizing internal resources.

The Sichuan tourism development group was founded in July 2010 by 5 state-owned enterprises such as Sichuan development (holding) limited liability company, and the registered capital of the company was 168 million yuan. At present, the total assets of the group are around 2 billion yuan.

Sichuan Jinhong group was set up in December 28, 2006. It is a provincial wholly state-owned company with independent legal person qualification, which is transferred to the original provincial authority's 125 Gaestgiveriet Hotel, travel agencies and printing factories, with a registered capital of 500 million yuan.

In addition, the group's external restructuring companies include Sichuan commercial group and Sichuan cereals and Oils Group.

While state-owned capital has "entered", state-owned capital will come from Sichuan. Spin Group withdrawal.

State assets will be the shopkeeper.

The opinion put forward that we should strengthen the supervision of state-owned assets by taking capital as the main resource, and reorganize Sichuan development holding group into a state-owned capital holding group. According to relevant information, Sichuan development is a wholly state-owned limited liability company established by the Sichuan provincial government. The registered capital of the company is RMB 80 billion yuan, mainly engaged in investment and financing and asset management, independent accounting, independent operation and self financing. The basic function of a company is to invest in professional investment companies in different ways such as participation, holding, creditor's rights, etc., and manage the state assets in the form of investor, and raise funds in the form of corporate identity. The business scope of the company mainly includes investment and financing and asset management. The investment focuses on transportation, energy, water, tourism, agriculture, advantageous resources development, energy conservation, environmental protection and other areas authorized by the provincial government.

However, Diao Jun believes that after the reorganization, these groups will appear as investors, and the investors are not subject to the above restrictions. They can choose to invest in all state-owned enterprises in Sichuan, implement equity investments and do not participate in the specific operation and management of enterprises.

The Sichuan Changhong group and Sichuan energy investment group will be reorganized into industrial Cci Capital Ltd. They will invest in the enterprises of this industry and do not participate in the specific operation and management of the enterprises. This will also become another important move of Sichuan's state-owned enterprise reform.

Related information shows that Sichuan energy Investment The group was established in February 21, 2011 with a registered capital of 8 billion yuan. It is a provincial-level industrial investment company approved by the Sichuan provincial government. It is an important part of Sichuan's efforts to promote energy infrastructure construction and accelerate the construction of major energy projects. The reporter called the company to further understand its situation, but failed.