Enable Mixed-Ownership Reform of State-owned Assets to Help Create a Win-win Situation: Vanlead Group Participates in the 2018 Promotion and Matching Meeting of Key Guangzhou State-owned Assets Mixed-Ownership Reform Projects

Release time:2018-12-11

     In the morning on December 6, 2018, themed as “Enable Mixed-Ownership Reform of State-owned Assets to Help Create a Win-win Situation”, the 2018 Promotion and Matching Meeting of Key Guangzhou State-owned Assets Mixed-Ownership Reform Projects sponsored by the State-owned Assets Supervision and Administration Commission of the People's Government of Guangzhou Municipality was held on the second floor of the Guangzhou Tower. More than 230 people, including Gao Yuyue, Deputy Secretary-General of the municipal government, leaders of relevant departments of the municipal party committee and the municipal government, heads of municipal enterprises, and representatives of outstanding private enterprises, well-known professional institutions and major news media attended the meeting. Huang Yong, General Manager of Vanlead Group, and the heads of the four subordinate companies in charge of the mixed-ownership reform work and prospective strategic investor participated in this promoting and matching meeting.


△Municial SASAC Director Chen Haodian delivered a speech


     At the meeting, Chen Haodian, secretary of the Party Committee and director of the Municipal State-owned Assets Supervision and Administration Commission (SASAC), delivered a keynote speech entitled “Deepening the mixed-ownership reform of state-owned enterprises to achieve win-win development”. Director Chen Haodian emphasized that the reform and development of state-owned enterprises in Guangzhou has always been centered on the development of a mixed-ownership economy, and it has formed "Guangzhou experience in mixed-ownership reform". The unswerving deepening of the reform of mixed ownership is still the main way for SASAC of Guangzhou city to continue to promote state-owned capital to become stronger and better. Since the beginning of this year, the Municipal SASAC has screened and launched the 2018 key mixed-ownership reform projects after comprehensive consideration of various factors such as industry, efficiency and development prospects. It is hoped that these projects will be used as new breakthroughs and demonstration points to explore the effective implementation of mixed-ownership reform and continuously enhance the vitality and sustainable competitiveness of enterprise development.


△General Manager Huang Yong of Vanlead Group spoke.


     In the promotion session of the meeting, Huang Yong, General Manager of Vanlead Group, introduced the mixed-ownership reform projects of Wanli, Pearl River Chemical Coatings, Guangzhou Chemical Exchange Center, and Double One Latex Products. General Manger Huang pointed out that the Group hope to, through this mixed-ownership reform, introduce well-known domestic and foreign enterprises, business partners and fund companies with good reputation and outstanding performance as strategic investors to realize the effective integration and mutual promotion of state-owned capital and various social capitals, enlarge the function of state-owned capital, enhance the core competitiveness of the four companies, and realize the common development of enterprises and strategic investors.


△General Manager Huang Yong of Vanlead Group spoke.


     At the promotion meeting, a total of 20 key mixed-ownership reform projects were introduced to social capital, the total assets reached 500 billion yuan and annual operating income reached 30 billion yuan, involving manufacturing, commerce, finance, service and other industries.


     The successful holding of the 2018 Promotion and Matching Meeting of Key Guangzhou State-owned Assets Mixed-Ownership Reform Projects provides a positive and beneficial platform for Guangzhou to accelerate the development of mixed-ownership economy, promote the synergy between state-owned capital and non-public capital, and achieve mutual benefit. The Vanlead Group also hopes to find a quality partner through this platform to achieve a win-win situation.