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    Huarun Fu Yuning: Huarun Group Has No Overall Listing Plan.

    2015/3/9 20:22:00 26

    HuarunFu YuningListing Plan

    Since its huge acquisition of TESCO business in China last year, Huachang not only contributed to the group's immediate profits, but also made it $700 million worth of retail business in the third quarter of last year. The company issued a notice earlier that it had set aside 800 million of TESCO, dragging down retail sales by only 2 billion in the whole year. Fu Yuning said yesterday that after the acquisition of TESCO's business, the acquisition cost was relatively high, so there was a short-term operating pressure. TESCO After the integration and upgrading, Huachang's retail business will certainly be able to restore its growth.

    As for the new energy industry, which has become a hot topic in recent years, Fu Yuning believes that wind power development is good this year. Whether the new project or the new wind farm is ready for exploration, it is believed that its growth momentum is still acceptable. At present, the installed capacity of wind power accounts for about 12% of the whole electricity. He pointed out that new energy will continue to need government subsidies and policy support to further promote development, and Huarun Electric will continue to expand its share of new energy business.

    The state strongly advocates "mixed ownership". Fu Yuning believes that "mixed ownership" is a major idea in the reform. Through the reform of the system, the enthusiasm of the whole staff can be enhanced, and this enthusiasm is especially important in the current economic downturn and overcapacity in some industries. He continued that whether it is the introduction of strategic shareholders or the development of private enterprises, it is necessary to solve the problems of motivation and enthusiasm and form a good corporate governance structure, so as to ensure that the company's decision-making and employment are better controlled, so that enterprises can develop healthily.

    CITIC Group has completed its overall listing by CITIC stock last year (formerly known as CITIC Pacific). Everbright Group also announced its intention to push the listing as a whole. China Resources In the absence of similar plans, Fu Yuning said Huarun is a diversified enterprise, and the overall listing is not suitable for Huarun, so there is no plan at present.

    Referring to the issue of "ruling the country by law", Fu Yuning said that as far as the country is concerned, small businesses are in existence. Law There have been long-term progress in the organizational system and internal governance of enterprises, but at present there are a lot of unhealthy phenomena, such as "there is no law and no law", which has caused the downplay of the awe of the legal system. This has a serious impact on the society or enterprises. In his view, it is imperative to restore, re establish or strengthen the dignity of the law and system, so that everyone can abide by the law and become a social atmosphere, create a culture of "encouraging upward" development, and advocate the promotion of progress and profits through substantive efforts.

    Fu Yuning replaced Song Lin as chairman of the Huarun group, and of course is concerned by all circles. When a reporter asked about the difficulty of working in the new company, Fu Yuning only said, "we can not simply talk about difficulties. Huarun is an enterprise group with certain advantages. It is a diversified enterprise. Its development needs more accurate market grasp. At the same time, Huarun has a lot of employees, and it faces a problem of adjusting, improving labor productivity and improving enterprise efficiency".


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