East China’s Jiangsu province has continued to promote reform and promote the vitality of state-owned assets and state-owned enterprises. JSBC has the story.
Jiangsu Guoxin Jingjiang Power Generation Co., Ltd. has put into operation the world's first coal-electric unit coupled molten salt heat storage demonstration project. This 45-million-yuan system has complete independent intellectual property rights with the production of all core equipment localized.
Zhong Zhikun, Director of Equipment Department of Jiangsu Guoxin Jingjiang Power Generation Co., Ltd. said, "This system can store the surplus electric energy with molten salt at the low point of the power grid and release it when the power grid needs it, which is equivalent to equipping the coal power unit with a super 'power bank' and adding 300 million kilowatt-hours of new energy consumption annually."
During the three-year action of state-owned enterprise reform, Guoxin Group formulated 28 sub-tasks in seven aspects and a total of 150 reform measures, including focusing on the responsibilities of the main business owners, promoting the optimization of the layout and structural adjustment of state-owned assets, continuing to promote the concentration of incremental investment in energy, finance and emerging industries, strengthening the liquidation and integration of inventory assets, and promoting significant growth in operating efficiency.
By the end of last year, 88% of the annual profit of Guoxin Group are contributed by its three operating businesses, and the total assets of the group increased by 13.77% compared with that before the reform.
Zhu Yousheng, Chief Economist of Jiangsu Guoxin Group said, "Taking energy as an example, we have established a diversified energy supply system covering 'wind, light, water, fire and gas'. At present, there are 20 energy projects under construction or being planned with an estimated total investment of more than 160 billion yuan, which will provide more support to its role of being the primary force of energy supply guarantee in the province."
By the end of last year, Jiangsu had completed 138 tasks of the three-year reform of state-owned enterprises. Through strategic restructuring and professional integration, state-owned capital is further concentrated in important industries and key areas such as infrastructure, energy and resources, and strategic emerging industries. In 2022, provincial enterprises recorded an annual investment of more than 120 billion yuan, a record high. At the same time, Jiangsu proposed the "2373" project for the development of digital economy of provincial enterprises, which has promoted the rapid rise of a number of benchmark enterprises.
Jiangsu Communications Holding Co., Ltd. has made another breakthrough in digital application by gathering and processing more than 50 million pieces of data every day. Its digital products cover nearly 50000 kilometers of the national highway network, creating direct economic benefits of more than 600 million yuan.
Xiao Feng, Deputy Director of Science and Technology Information Department of Jiangsu Transportation Holding Co., Ltd said, "The red dot on the screen is the current real-time accident on the highway. Click the red dot to call up the latest two-way video, you can see that the average time of arrival at the scene of the accident is reduced to 13 minutes in all the processes of accident handling."
Zhou Hong, Director of Big Data Management Center of Jiangsu Communications Holding Co., Ltd. said, "Gather our data, share it, interact with each other and mine the hidden value. It has played a very good role in all the analysis of service areas, such as road network traffic forecast, and also brought real benefits to our digital economy."
In addition to the digital economy, the province’s state-owned assets have also focused on the comprehensive transportation strategy support, energy resources and food security, forward-looking strategic industry cultivation, and the expansion and quality improvement of listed companies.
In the new year, Jiangsu will also speed up the construction of world-class enterprises, promote state-owned enterprises to create the source of original technology, and better play the strategic supporting role of the state-owned economy.
