On April 16, the State-owned Assets Supervision and Administration Commission held a video conference to report on the economic performance of central enterprises in the first quarter and sign a letter of responsibility for operating performance in 2021. Hao Peng, Secretary and Director of the Party Committee of the State-owned Assets Supervision and Administration Commission, signed a letter of responsibility for operating performance with the heads of central enterprises on behalf of the State-owned Assets Supervision and Administration Commission and made a speech stressing the need to thoroughly study and implement the important instructions of General Secretary Xi Jinping’s important speech on doing a good job in economic work this year, and implement the central economic work The meeting and the spirit of the National Two Sessions, further improve the "six stability" work, implement the "six guarantees" task, and strive to achieve "two profits and four rates" for central enterprises, "two highs, three increases and one stability", that is, high growth rates of net profits and total profits. In line with the growth rate of the national economy, operating income profit margins, R&D investment intensity, and labor productivity of all employees have increased significantly, and the asset-liability ratio has remained stable and controllable. This has promoted the economic operation of central enterprises to take the lead in brightening up and ensured that the "14th Five-Year Plan" has started well and started well. Good progress and celebrating the 100th anniversary of the founding of the Communist Party of China with outstanding results. Weng Jieming, member of the Party Committee and Deputy Director of the State-owned Assets Supervision and Administration Commission, presided over the meeting. Yuan Ye, member of the Party Committee and Deputy Director, briefed the economic operations of central enterprises in the first quarter and the arrangements for the performance appraisal work in 2021. Members of the Party Committee of the State-owned Assets Supervision and Administration Commission attended the meeting.

Hao Peng, state-owned assets, central enterprises, State-owned Assets Supervision and Administration Commission, secretary, director, state-owned enterprises, enterprise reform

The meeting pointed out that since the beginning of this year, under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, the State-owned Assets Supervision and Administration Commission and central enterprises have adhered to the general tone of seeking progress while maintaining stability, with the theme of promoting high-quality development, and paid close attention to the implementation of various tasks. Central enterprises The economy has made a good start, is improving steadily, and is improving while maintaining stability. In the first quarter, the overall strong recovery trend has continued and the growth rate has accelerated. The efficiency of most industries has significantly improved and the trend is improving. The quality and efficiency of operations have steadily improved, and the quality has become better. The development momentum of new driving forces has strong stamina. adequate. In the first quarter, central enterprises achieved operating income of 7.8 trillion yuan, a year-on-year increase of 30.1%. The completion of the "two profits and four rates" indicators was better than expected, with a net profit of 415.29 billion yuan, a year-on-year increase of 2.2 times, and a total profit of 539.42 billion yuan, a year-on-year increase. 1.8 times, compared with the same period in 2019, an increase of 31.1% and 26.5% respectively, and an average increase of 14.5% and 12.5% respectively in the two years; the operating income profit margin was 6.9%, an increase of 3.6 percentage points year-on-year, and an increase of 0.6 percentage points compared with the same period in 2019. ; R&D investment intensity increased by 0.2 percentage points year-on-year; overall labor productivity increased by 35.3% year-on-year; the asset-liability ratio was 64.7%, a year-on-year decrease of 0.8 percentage points.

Hao Peng, state-owned assets, central enterprises, State-owned Assets Supervision and Administration Commission, secretary, director, state-owned enterprises, enterprise reform

The meeting believed that doing a good job in the operation and development of central enterprises this year is related to the overall economic work, and is of great significance to ensuring that the "14th Five-Year Plan" gets off to a good start and celebrates the 100th anniversary of the founding of the Party with outstanding results. We must adhere to bottom-line thinking, analyze the situation objectively and dialectically, comprehensively and accurately understand the risks and challenges in the current economic operation, and firmly grasp the development initiative. At present, the world economy is showing a recovery trend, my country's economy continues its restorative growth momentum, and the supporting factors for the efficiency growth of central enterprises have increased. It is necessary to further strengthen confidence, maintain determination, and strive for progress while maintaining stability. It is necessary to further strengthen risk awareness, be prepared for danger in times of peace, and be fully prepared, maintain strategic focus in response to changes, adhere to bottom-line thinking in a good start, ensure stable and solid business development, and achieve sustainable and healthy development.

Hao Peng, state-owned assets, central enterprises, State-owned Assets Supervision and Administration Commission, secretary, director, state-owned enterprises, enterprise reform

The meeting emphasized that it is necessary to compare the assessment objectives and tasks with "two profits and four rates" as the main body, and promote the economic operation of central enterprises to take the lead in brightening up. It is necessary to adhere to the goal guidance, refine and decompose the goals and tasks, and the main leaders will personally grasp them, strengthen the classification assessment of goals, promote profitable enterprises to increase production and increase efficiency, promote loss-making enterprises to reduce losses and turn around losses, firmly establish the idea of ​​living a "tight life", and reasonably reduce the cost of the entire product life cycle. . It is necessary to strengthen operational monitoring, pay close attention to the international and domestic macroeconomic situation, strengthen research and judgment on industry operation trends, conduct preliminary research and predictions, better seize market opportunities, and participate in the joint construction of the "Belt and Road" with high quality. It is necessary to pay close attention to improving quality and efficiency, focusing on the strategic basis of expanding domestic demand, improving the supply structure, optimizing business models, further strengthening the upstream and downstream coordination of the industrial chain and supply chain, focusing on basic R&D, manufacturing, information, energy, materials, biology, logistics, automobiles, etc. Application fields and other fields are constantly exploring and cultivating new growth points. It is necessary to increase structural adjustment, scientifically compile and implement the "14th Five-Year Plan", further promote the optimization and structural adjustment of the state-owned economy layout, accelerate the divestiture of non-main and non-advantageous businesses that do not have competitive advantages and lack development potential, and speed up inefficiency and ineffectiveness. Assets and equity participation will be withdrawn, and affiliated operations without substantial equity relationships will be cleared. It is necessary to strengthen reform and innovation, seize the opportunity to implement the three-year action of state-owned enterprise reform, strive to improve the modern enterprise system with Chinese characteristics, improve the market-oriented operating mechanism, actively and steadily promote the reform of mixed ownership, continuously improve the ability of independent innovation, and actively create a source of original technology and a modern industrial chain. Chain length, lead by technological innovation to promote product innovation, industrial innovation and business model innovation, enhance the value of profit and efficiency, and cultivate new advantages in market competition. It is necessary to prevent and resolve risks, coordinate development and security, conduct in-depth analysis of the risks faced by all aspects of production, sales, financing, legal and other fields, formulate careful plans, respond promptly and effectively, adhere to "cash is king", and focus on debt risk prevention and control , and firmly adhere to the bottom line of no major risks. It is necessary to further consolidate the safety production responsibilities of each link, actively investigate potential risks, improve the management system, fundamentally eliminate hidden dangers of accidents, do a solid job in safety production, and continue to carry out regular epidemic prevention and control with caution.
Hao Peng, state-owned assets, central enterprises, State-owned Assets Supervision and Administration Commission, secretary, director, state-owned enterprises, enterprise reform

The deputy secretary-general of the State-owned Assets Supervision and Administration Commission, the main responsible comrades of some central enterprises who signed the responsibility letter on the spot, the responsible comrades of the Discipline Inspection and Supervision Team of the State-owned Assets Supervision and Administration Commission, all departments and bureaus, and directly affiliated institutions were at the main venue, and the members of the leadership teams of all central enterprises and the responsible comrades of relevant departments, Full-time outside directors and some part-time outside directors attend meetings at branch venues of each company.

(Editor in charge: Zhao Yi)