Major challenges faced by the government
l Unreasonable distribution of state-owned assets
l Inefficient capital investment and operation
l Unreasonable enterprise structure
l State owned assets supervision mode lagging behind the development and reform of enterprise
l Imperfect corporate governance structure
l Lack of vitality and competitiveness of enterprises
What the King Parallel can provide
Based on the actual situation (SOE development status, state-owned asset supervision and industry distribution status), the King Parallel provides customers with the boutique consulting on issues related to state-owned assets strategy, state-owned assets supervision, SOE Reform and governance. The development plan and reform plan of state-owned assets and SOEs that are valuable and can be implemented can fully promote the reform and development of SOEs, increase the return of state-owned assets and further push forward the development of regional economy and industry.
Achievement display
Completed more than 20 policy consultations for the SASAC of the State Council and the local SASAC, covering the classification of SOEs, state-owned assets supervision, state-owned assets layout, SOE governance, investment and operation company formation, board of directors, property rights reorganization, corporate competition and loss of state-owned assets. Among them, these topics were approved by the Vice Premier of the State Council, the Director and Deputy Director of the SASAC, and many subjects have been given high evaluations by the entrusting party. Moreover, the subjects of SOE classification and reform supervision have been applied to the reform plans of central enterprises, Beijing and Shanghai, while the results of investment operating companies have been fully absorbed into the pilots.
Project list and instruction
Project results and achievements
the SASAC of State Council
Research on the overall thinking of reorganizing investment and operation companies of central enterprises
Thinking about the role of state-owned capital investment and operating companies in the layout adjustment of central enterprises
Research on the establishment and supervision of state-owned capital investment and operating companies
Supervision mechanism in the governance structure of foreign state-owned enterprises
Comparative research on the governance standards of SOE
Management capital research
Classification research of SOEs
Different types of SOE Reform and supervision governance
Research on the management system of foreign-owned enterprises
Research on the homogeneous competition of central enterprises
Regional state-owned economy layout adjustment and capital operation
the SASAC of Beijing
Pilot plan for classified governance of SOE and classification of the board of directors
Pilot evaluation on deepening the construction of the board of directors
Formulation of working guidelines for the board of directors
the SASAC of Tibet autonomous region
Plan for optimizing the supervision and transformation of functions of the SASAC
Supervision and governance plan for the classification reform of SASAC supervised enterprises
Framework plan for the reorganization of property rights of SASAC supervised enterprises
Classification plan for the regional SOEs
the China Chengtong Group Corporation
Research on the loss of state-owned assets
Plan for establishing the central state-owned capital operating company (the China Reform Holdings Corporation)
Research on the operation of equity capital of central enterprises
Research on state-owned capital management
Project results and achievements
(Ⅰ)Important instruction
1. Ma Kai ,the Vice Premier of the State Council, made instructions on the Research on the Loss of State-owned Assets:
Chengtong Company has made great efforts in analyzing the special report with the certain reference value. The related leaders in charge of the departments should read and study when improving the relevant documents.
2. Wang Yong, the director of the SASAC of the State Council, gave instructions on the Classification of SOEs:
Very good! This report can be distributed to the leaders of the party committee for research and get approved from the secretary Zhang Yi.
3. Xiao Yaqing, the director of the SASAC of the State Council at that time, gave instructions on the Research of Homogeneous Competition of Central Enterprises:
The analysis and recommendations made in this report have the great significance. And I hope to further strengthen the research, conduct detailed statistics and propose the related work measures. In addition, the special research should also be carried out to promote the reorganization.
4. Shao Ning, the deputy director of the SASAC of the State Council, gave instructions on the Classification of SOEs:
The classification reform can be likely to be the next problem that the SASAC must face, so the Reform Bureau has arranged a special topic for one year and already achieved preliminary results, expecting to get approved for the reference. Among them, there is a trial classification of central enterprises on page 70, indicating the final pattern although some enterprises still need to be analyzed.
(Ⅱ)Reviewing opinion
5. The comments of the project review team of the Reform Bureau of the SASAC of the State Council on the project Thinking about the role of state-owned capital investment and operating companies in the layout adjustment of central enterprises
This project is much difficult, but has innovative concept. The overall quality of the project report is relatively high, especially the two-stage ideas and structural analysis of state-owned capital
investment and operating companies can be very inspiring. Some innovative explorations, such as the idea of setting up strategic funds, can have strong guiding significance for the specific practices.
6. Li Haibo, the Secretary of the Party Committee of the SASAC of the Autonomous Region, made comments on The King Parallel is an excellent enterprise and always focuses on quality projects. It can be seen that you have made great efforts and also conducted a comprehensive, detailed and in-depth analysis of the autonomous region, including the valuable suggestions. And the deputy chairman of the autonomous region was also very satisfied.
7. The results of the three reports on investment and operating companies have been applied to the pilot reform.
8. The achievements of SOE classification projects have been fully adopted by the SASAC of the State Council, Beijing and Shanghai.
