Recently, the signing ceremony for the equity reorganization of Hunan Direct Construction and Installation Engineering Co., Ltd. (hereinafter referred to as “Hunan Direct Construction and Installation Company”) was held in Changsha. Guangzhou Construction’s subsidiary Municipal Group, Municipal Group Machinery Company and Hunan Guofu Company signed a provincial equity reorganization agreement and contract to implement equity reorganization in the form of capital increase. important measure. Mao Yuxin, member of the Party Committee and Deputy Director of Hunan State-owned Assets Supervision and Administration Commission, was invited to attend the signing ceremony. Zhang Yujiang, Deputy Secretary, Vice Chairman and General Manager of Guangzhou Construction Party Committee, and Hu Xinbao, Secretary of the Party Committee and Chairman of Hunan State-owned Assets Management Group Co., Ltd. delivered speeches respectively. Party committee member and deputy general manager Liu Zhigang presided over the signing ceremony.
Zhang Yujiang said that Hunan State-owned Assets Group, as the operator of state-owned assets, operator of state-owned capital, and service provider of state-owned enterprise reform in Hunan Province, is the vanguard of the reform and development of state-owned enterprises in the province. Guangzhou Construction is the construction enterprise with the strongest comprehensive strength in South China. In 2021, it will achieve an operating income of 249 billion yuan and a total profit of 4.8 billion yuan, ranking 460th among the world‘s top 500 enterprises in 2021, and its comprehensive strength ranks first among construction enterprises in Guangdong Province. The successful equity reorganization of Hunan Zhijian’an Company is a vivid practice of the three-year reform of Guangzhou State-owned Assets and Hunan State-owned senior state-owned enterprises. It is hoped that both parties will take this equity reorganization as an opportunity to give full play to the advantages of scale, technology and management of state-owned capital, and strengthen policies. Communication, financial integration, and smooth channels will create a model of hand-in-hand, mutual benefit and win-win results.
Hu Xinbao said that the introduction of Guangzhou Construction’s subsidiary Municipal Group and Municipal Group Machinery Company as strategic investors, and the implementation of equity reorganization by means of capital increase is a fundamental solution to promote the adjustment and optimization of the layout and structure of state-owned enterprises, and is an objective requirement to rebuild the advantages of the state-owned economy. It is an effective way for Hunan Provincial Direct Construction and Security Co., Ltd. to become stronger, better and bigger, and to enhance its core competitiveness. It is of great significance to increase the allocation rate, enhance the market competitiveness of enterprises, and improve the quality and efficiency of high-quality development. After the reorganization, the Hunan Provincial Direct Construction Company will adhere to the principle of “resource sharing, complementary advantages, mutual benefit, and common development”, take the word “dare” as the first, solve the problem with the word “new”, and implement the word “real”, Resolutely resist the “bull nose” of deepening reform, break the “ceiling” that restricts development, create a “new engine” for transformation and upgrading, cultivate new kinetic energy, stimulate new vitality, demonstrate new actions, and achieve the “1+1>2” restructuring goal .
The successful equity reorganization of Hunan Zhijian’an Company is an important part of the overall development strategy of Guangzhou Construction, and it is also an important strategy to implement the deep cultivation of the Hunan market. Guangzhou Construction will take this equity cooperation as an opportunity to deepen exchanges and cooperation with Hunan state-owned assets, while promoting its own development, it will also help accelerate the development of the local construction industry and contribute wisdom to promoting local economic development.
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