Mutual speech for the reform of state-owned enterprises，

Yang Zhaoqian, party secretary and president of ShaanMei Group

On July 10, reform experience exchange conference was held in Beijing. Member of the political bureau of the CPC central committee, Ma kai attended the conference and delivered a speech.also vice premier of the state council,the group leader for reform of state-owned enterprises under the state council. state councilor, Wang Yong presided the conference,also deputy team leader for the reform of state-owned enterprises under the state council. As one of the four local state-owned enterprises,Yang-Zhaoqian, party secretary and president of ShaanMei Group,delivered a speech  about "transformation and enhancement of the new reform plan" on this conference.

The conference stressed that President xi,general secretary of CPC,had made some important speeches and instructions about the development for the reform of state-owned enterprises.  It has provided a powerful ideological weapon and scientific guidelines to further promote the reform of state-owned enterprises. And everyone should implement it into some important policies and significant projects. Recently, Prime minister, Li Keqiang made some important instructions on the economic operation status report,affirmed the achievements of state-owned enterprises and put forward clear requirements on the development to further promote the reform of state-owned enterprises.He emphasized that all local government and state-owned enterprises should completely implement it.

   This conference claimed that we should consolidate and develop the positive progress made in the reform of state-owned enterprises, continue to step up reform efforts and make new breakthroughs in key difficulties. We will improve company entity manager system and build a modern state-owned enterprise system with Chinese characteristics. We will play a leading role in structural reform of the supply front, and continue to carry out "double innovation" in a further way. We will deepen the reform of the three systems and promote marketized recruitment, contractual management and differentiated compensation. We will improve the regulatory system for state assets, transfer functions, strengthen supervision and prevent losses. We will strengthen the party's construction in a comprehensive manner and build a team of leading personnel of high-quality enterprises to meet the 19th National People's Congress, Shaanxi provincial government.

    Since the 19th National People's Congress, ShaanMei Group has seriously implemented decisions and and the "1 + N" series of documents under the central committee and the state council of CPC.People should take on their responsibilities, make effort to innovation, and act as vanguards of reform and development for state-owned enterprises. Yang Zhaoqian introduced the strategic transformation, institutional reform ,structural adjustment and other aspects of ShaanMei Group.

ShaanMei Group took transformation strategy as the forerunner, considered the science and technology and capital as driving force, , made dislocation innovation.It should be positioned as a multiple enterprise on coal advantages,the energy and materials, and put forward the development strategy of "taking coal as the core, making energy and materials mutual development and transforming".We should take it as the overall goal of the reform and the guideline of development.

According to the direction of the reform of state-owned capital investment company,ShaanMei Group considered the system reform as the breakthrough,took three-level structure as the goal,that is to say, "group companies- industry sector- industrial entity" and carried out the reform work of "three educations headquarters, do real plate, streamline level, allowing flexibility entity". The main industrial enterprises are integrated into section companies and professional management. We will delegate the safe production and operation of the group to section companies,integrate the related business functions into one department to achieve big department operation. Through equity transfer, restructuring and integration, dissolution of bankruptcy, external transfer, etc., disposal of "zombie enterprises", compressed management level.

ShaanMei Group adjusts its structure to put the reform into the "three degradation, one reduction, one complementary." In order to optimize the structure to reduce production capacity, the 18 mines that were planned to be closed in the three years ahead of 2016. To exit production capacity of 18.15 million tons, accounting for 62 percent of the whole province, ShaanMei Group has shut down an iron and steel blast furnace, and reduce production capacity of 600,000 tons. We will accelerate the construction of high quality capacity projects by reducing displacement and regional cooperation, and make the group's quality coal up to 94%. To prevent the risk reduction lever and maximize the level of asset securitization by continuously amplifying the role of listed company's platform; We will actively work with financial institutions to implement debt-for-equity swaps and optimize the capital structure. In Huangling mining industry, the mining industry has realized the intelligent unmanned mining, and the 110-N00 coal mining method has been adopted in Shennan and Hancheng mining areas to realize the green mining of coal. We will actively promote the comprehensive utilization and transformation of large-scale coal, extend the industrial chain and extend the value chain.

In order to ensure the resultant force of organization, ShaanMei Group always put the interests of the workers and workers at the first place, and mobilized and stimulated the enthusiasm of the staff to reform. Nearly 50,000 employees have been resettled, and the staff are subject to the big picture, and the enthusiasm of the second business venture has opened up a new life.

    The enterprise of attending conference on reform exchange, they got the affirmation and encouragement from the SASAC(State-owned Assets Supervision and Administration Commission of the State Council )and the government of Shaanxi province on the reform of ShaanMei Group. According to the spirit of the conference and the Shaanxi provincial government, provincial SASAC's requirements, ShaanMei Group will take on responsibilities, bold innovation, and strive to grasp key problems, substance, grasp key, driving to the deepening of reform.