State Grid "three types of two networks" again out of major initiatives
A few days ago, the State Grid Corporation of China issued the Opinions on "Re-starting" Reform in the New Era and Accelerating the Construction of World-Class Energy Internet Enterprises "to promote the deep integration of the power grid and the Internet, focus on building the energy Internet, cultivate and strengthen new momentum for development, innovate energy Internet formats, expand opening up, cooperate and share, build an energy Internet ecosystem, and firmly promote power reform. Give full play to the decisive role of market in allocating resources and reform, efforts should be made to enhance the endogenous power of enterprises, optimize operation and management strategies, mobilize and stimulate the vitality of cadres and workers, innovate the mode of international business development, and promote internationalization to a new level.
All this is releasing a signal-the road to reform the national grid will be wider and wider.
Expand opening up, cooperation, the national grid mixed reform initiatives frequently.
At the beginning of this year, the State Grid Corporation of China creatively put forward the strategic goal of "three types, two networks, world-class", which reflects the high degree of political responsibility and responsibility of the company's party group. The essence of the "three types and two networks" strategy is based on Internet thinking, giving full play to the pivotal role of the power grid, promoting the synergy of a strong smart grid and the ubiquitous power Internet of Things, forming an energy Internet platform, driving the upstream and downstream of the industrial chain and the whole society to share the development results, Fully embodies the new thinking and new concepts of openness, cooperation and win-win.
In the process of building a world-class energy Internet enterprise with "three types and two networks", the State Grid Corporation of China will inevitably need extensive participation and support from all walks of life, and the reform of mixed ownership will provide a good opportunity and model for this. In the mixed reform work under the new situation, the State Grid Corporation of China needs to open up the mixed reform field and promote the mixed reform in a targeted manner to achieve strategic goals. Capital from all walks of life should have a clear understanding of the development situation of the energy Internet industry, have a precise position for its own development, clearly participate in the goals and modes of the mixed reform, and actively participate in the development of the energy Internet industry.
Since the end of 2018, the State Grid Corporation has accelerated the reform of mixed ownership, actively attracting social investment and enlarging the function of state-owned capital in UHV DC transmission, incremental power distribution, integrated energy services, pumped storage, general aviation, finance and other fields.
New financial breakthrough under the strategy of "three types and two networks"
In order to strengthen the overall allocation and centralized operation of resources, serve and support the development of power grids, and cultivate new profit growth points, the State Grid Corporation of China learns from the practical experience of large domestic and foreign enterprise groups, actively expands financial business, and strengthens the centralized management of financial assets and establishes a unified financial industry. A series of operations such as platform and establishment of financial professional subsidiaries have formed financial business systems such as fund management, insurance protection, and asset operation. In the past two years, the State Grid Corporation of China has thoroughly implemented the spirit of the 19th National Congress of the Communist Party of China and the Fifth National Financial Work Conference, adapted to the requirements of national regulatory policies, and promoted financial business to adjust functional positioning, adjust business layout, adjust capital structure, adjust management relationships, and strengthen coordination Management, strengthening risk prevention and control, and strengthening party building have opened a new journey of financial business reform and innovation.
As the financial professional platform of the State Grid Corporation of China, Yingda Group has established capital ties with various financial enterprises, and implements professional management and group operation of financial assets through corporate governance. At the end of 2018, Yingda Group had a registered capital of 31.5 billion billion yuan and assets under management of about 820 billion yuan. In 2018, it achieved operating income of 24.5 billion billion yuan and profit of about 12 billion billion yuan.
In 2019, in line with the strategic goal of "three types, two networks, world-class", Yingda Group has drawn up a sub-strategy of building an international first-class financial holding group of "three modernizations and two melts" to escort the landing of the company's new era strategy in the financial sector. To build a "digital, market-oriented, standardized" financial holding group, adhere to the characteristics of "energy finance, group finance" advantages.
State Grid Mixed Reform Latest Measures
The State Grid Corporation of China promotes the construction of "three types and two networks", which brings new opportunities for reform, innovation and development for the company's financial unit business. First, online finance to achieve a new breakthrough. Second, the business model to achieve new breakthroughs. Third, the management model to achieve new breakthroughs.
The listing of financial assets is an important measure for the State Grid Corporation of China to promote mixed reform. It is conducive to optimizing the system and mechanism of financial units, establishing continuous capital replenishment channels, enhancing financial business development capabilities, profitability and brand value, and better supporting the State Grid Corporation of China. "Type two networks, world-class" strategic goal.
At the same time, it is also conducive to promoting the business transformation and upgrading of listed companies under the State Grid, improving their asset quality, consolidating profitability, and driving social capital to share the fruits of reform and development with the company.
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