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Three Year Action Evaluation of State owned Enterprise Reform: Shandong Province Achieves Two A-level Grades

Three Year Action Evaluation of State owned Enterprise Reform: Shandong Province Achieves Two A-level Grades

The three-year action plan has come to a successful conclusion, and the main indicators of economic operation continue to maintain a leading position in the country

  On January 30th, the Provincial Government Information Office held the first press conference of the "Firmly Promoting High Quality Development" series, introducing the reform of state-owned enterprises to promote high-quality development and the economic operation of provincial enterprises in 2022. The reporter learned that the three-year action plan for state-owned enterprise reform in Shandong Province has completed all 106 reform tasks at the provincial level and 1062 reform tasks involved in 16 cities, achieving a successful conclusion; In 2022, the operating revenue of Shandong provincial enterprises reached 2184.38 billion yuan, achieving significant growth.

  In the two three-year action evaluations of state-owned enterprise reform organized by the Office of the State Council Leading Group for State owned Enterprise Reform, our province was rated as A-level. ”Yin Gang, Deputy Director and Spokesperson of the Provincial State owned Assets Supervision and Administration Commission, stated. Through the implementation of the three-year action plan for state-owned enterprise reform, the modern enterprise system with Chinese characteristics and the state-owned asset supervision system based on capital management have become more mature and standardized. The layout and structure of provincial state-owned economy have been continuously optimized, and the vitality and efficiency have been significantly improved.

  Provincial level enterprises have fully completed the incorporation of party building into the constitution, and all provincial level and important subsidiary enterprises have formulated three lists of party committee research decisions, pre research discussions, and negative issues. All 1703 companies included in the scope have established a board of directors, and 1549 companies have achieved a majority of external directors; Enterprises that have established a board of directors shall establish a management system where the board of directors authorizes the management, and simultaneously implement a system where the general manager reports to the board of directors on their work. The centralized and unified supervision of operational state-owned assets has been fully completed, a real-time online supervision system has been established, and state-owned enterprises have fully achieved information disclosure.

  The proportion of investment in the main business of provincial enterprises has exceeded 98% in the past three years. Strategic restructuring has been implemented in the fields of equipment manufacturing, coal, ports, highways, etc., and Shandong has built a number of industry-leading enterprises such as Shandong Heavy Industry, Shandong Energy, Shandong Port, and Shandong Expressway; By separating and integrating the health, cultural tourism, environmental protection and other sectors scattered in other enterprises, Shandong has established a group of regional leading enterprises in Shandong Health, Shandong Cultural Tourism, Shandong Environmental Protection and other areas. 398 non core assets of provincial enterprises have been fully cleared and integrated, 275 "zombie enterprises" have been cleared, and the management level of provincial enterprises has been basically controlled within level four. The management transfer of "three supplies and one industry" for retired employees of 1.07 million state-owned enterprises and 4.24 million households of employees' families in the province has been fully completed. The R&D investment of provincial enterprises has grown at an average annual rate of 35.2% in the past three years.

  Provincial enterprises have fully implemented the term system and contractual management of management members, with a market-oriented open recruitment rate and full staff performance evaluation coverage rate of 100%. 87.3% of management personnel are engaged in competitive employment, and 4.6% will be adjusted or resigned due to incompetence at the end of 2022. 17 provincial controlled listed companies have implemented equity incentives, and 325 non listed companies have implemented medium - and long-term incentive pilot programs, both of which rank among the top in the country in terms of proportion.

  The dividends released by the three-year action plan for state-owned enterprise reform are directly reflected in the significant improvement of the quality and efficiency of Shandong's state-owned economy. According to financial reports, the total assets, operating income, and total profit of provincial enterprises in 2022 increased by 34.1%, 51.4%, and 33.6% respectively compared to 2019.

  The operating revenue has achieved significant growth. The operating revenue of provincial enterprises in 2022 was 2184.38 billion yuan, a year-on-year increase of 11.5%; Among them, the sales revenue of exported products was 74.29 billion yuan, a year-on-year increase of 63.4%; Accumulated tax payments amounted to 108.09 billion yuan, a year-on-year increase of 16.4%. Among the 28 provincial enterprises, 22 achieved a year-on-year increase in operating income. Five enterprises, including Shandong Energy, Shandong Expressway, Shandong Gold, Shandong Port, and Inspur Group, had a significant year-on-year increase in operating income, achieving a total operating income of 1436.08 billion yuan, an increase of 260.11 billion yuan.

  Provincial state-owned enterprises completed 222.61 billion yuan of fixed assets investment in the whole year, up 16.8% year on year. Four enterprises, namely Shandong Expressway, Shandong Airport, Shandong Port, and Shandong Railway Investment, focused on the construction of transportation infrastructure and completed an investment of 136.37 billion yuan, a year-on-year increase of 20.9%. Provincial major projects and provincial key projects have completed an investment of 49.6 billion yuan.

  The R&D investment of provincial enterprises has increased significantly, reaching 42.58 billion yuan, a year-on-year increase of 16.5%. The R&D investment intensity is 1.95%, an increase of 0.08 percentage points year-on-year. Among the 28 provincial enterprises, 24 achieved year-on-year growth. Among them, Inspur Group, Shandong Energy, and Shandong Expressway R&D investment reached 7.26 billion yuan, 6.77 billion yuan, and 4.57 billion yuan respectively, an increase of 2.06 billion yuan, 2.1 billion yuan, and 1.13 billion yuan year-on-year.

  On the front lines of assisting small and micro enterprises in resuming work and production, stabilizing employment, and ensuring people's livelihoods, provincial state-owned enterprises are also at the forefront: in 2022, a total of 6682 small and medium-sized enterprises were exempted from rent by 380 million yuan, 23700 college graduates were signed, 5615 people with master's degrees or above were recruited, and 59.3% of new positions were created by college graduates. The task of reserving 6.65 million tons of coal arranged by the provincial government was exceeded... Yin Gang introduced that according to feedback from the State owned Assets Supervision and Administration Commission of the State Council, in the data released from January to November, excluding municipalities directly under the central government, the total operating income, owner's rights, and total assets of Shandong provincial enterprises ranked first, net profit ranked second, and total profit ranked third. Continue to maintain a leading position nationwide. (Reporter Fu Yuting)

Information source: Dazhong Daily

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