XinXing JiHua Group was selected as a pilot unit for four reforms by the State-owned Assets Supervision and Administration Commission of the State Council.
Category:Xin Xing Ji Hua News
Add time:2014-07-17
7Month15Day15:00A press conference on the "Four Reforms Pilot Program" of the State-owned Assets Supervision and Administration Commission of the State Council was held in Beijing. XinXing Jihua Group was selected as one of the pilot units for the central enterprises' board of directors to exercise the power of appointing senior management personnel, performance appraisal, and salary management.
In order to better implement the spirit of the 18th Third Plenary Session and General Secretary Xi Jinping's speech, to explore solutions to reform problems through practice, to promote reforms in an orderly manner from point to area, and to promote the rapid implementation of reform tasks, the State-owned Assets Supervision and Administration Commission of the State Council held“Four Reforms”Pilot Program press conference, reporting on the various aspects of the pilot program in central enterprises and answering reporters' questions. The content of the "Four Reforms" includes: firstly, the pilot program for central enterprises to reorganize state-owned capital investment companies; secondly, the pilot program for central enterprises to develop a mixed-ownership economy; thirdly, the pilot program for the board of directors of central enterprises to exercise the power of appointing senior management personnel, performance appraisal, and salary management; and fourthly, the pilot program for stationing disciplinary inspection teams in central enterprises.“Four Reforms”试点工作的各项情况并答记者问。“四项改革”的内容，一是中央企业改组国有资本投资公司试点；二是中央企业发展混合所有制经济试点；三是中央企业董事会行使高级管理人员选聘、业绩考核和薪酬管理职权试点；四是向中央企业派驻纪检组试点。
To ensure the success of the pilot program, the State-owned Assets Supervision and Administration Commission of the State Council specifically established four special task forces to solve the problems facing state-owned assets and state-owned enterprises reform, and selected6central enterprises as pilot reform enterprises: State Development & Investment Corporation and COFCO Group for the pilot program of central enterprises reorganizing state-owned capital investment companies; Sinopharm Group Co., Ltd. and China National Building Material Group Co., Ltd. for the pilot program of central enterprises developing a mixed-ownership economy; XinXing Jihua Group Co., Ltd., China Energy Conservation and Environmental Protection Group Co., Ltd., Sinopharm Group Co., Ltd., and China National Building Material Group Co., Ltd. for the pilot program of the board of directors of central enterprises exercising the power of appointing senior management personnel, performance appraisal, and salary management. In addition, it is necessary to select2to3enterprises to carry out the pilot program of stationing disciplinary inspection teams.
Since1994year, XinXing Jihua Group has been listed as one of the 100 pilot units for the modern enterprise system, and has always adhered to learning and innovation, continuously exploring the path of modern corporate governance and scientific management.2005In11year, the Group was selected as one of the first batch of225pilot units for the board of directors of central enterprises, and took this opportunity to begin building a standardized corporate governance structure, establishing a scientific "management innovation system, achieving sustained and stable growth in performance, with both revenue and profit entering the ranks of central enterprises50strong, and achieving a magnificent transformation from an unknown enterprise to a world500strong, ranking2014in7Month365in the Fortune Global 500 list announced in1357831year. This selection as a pilot unit for the board of directors of central enterprises to exercise the power of appointing senior management personnel, performance appraisal, and salary management is of great significance. XinXing Jihua Group resolutely supports and will actively implement the various requirements of the pilot program, further exploring a modern corporate governance structure that is effectively incentivized, effectively constrained, coordinated, and effectively checked and balanced, and will make unremitting efforts for the high-quality and efficient development of the Group and the realization of the "strategy.
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