Orders do not decrease but increase, production rises against the trend ——
Some central enterprises' business performance increased in the first quarter
Economic Daily · China Economic Net reporter Zhou Lei Su Dapeng
Recently, Zhejiang Yisheng Forged Welding Hydrogenation Reactor Sleeve Equipment, manufactured by a major Chinese nuclear power company and petrochemical company, successfully completed its manufacturing tasks. (Photo courtesy of our reporter Su Dapeng)
In the face of the impact of the new coronary pneumonia epidemic and the increasing downward pressure on the market, central enterprises have turned pressure into motivation, scientific planning, precise efforts, hard work, and strive to achieve the annual economic and social development goals. In the first quarter of this year, some central enterprises such as China First Heavy Industries and State Power Investment Corp. achieved growth in operating performance, which injected vitality into the Chinese economy and added confidence to related industries and upstream and downstream enterprises.
Early recovery and early access
In the first quarter of this year, China First Heavy Industries continued to maintain its upward trend, with operating income up 52.47% year-on-year and total profit up 103.37% year-on-year. The data shows that China's renewed orders increased by 13.7% year-on-year. Among them, the order of the new material sector has increased significantly, with a year-on-year increase of 98%. It has signed a 1780mm hot continuous rolling unit in Fujian Dadonghai, a reactor pressure vessel for the first phase of the Zhejiang San'ao Nuclear Power Plant project, Changjiang and Cangnan evaporator forgings, Baoji Titanium 1850mm Important manufacturing contracts such as general contracting of plate hot rolling mills.
In the first quarter, China National Heavy Industry Group Group Co., Ltd. promoted the implementation of its tasks with the four-level linkage of group companies, second-level units, third-level enterprises and manufacturing plants. Especially for the major national projects undertaken, a major project office was set up to strengthen close cooperation with users and suppliers to eliminate all difficulties caused by the epidemic, so that the project nodes can be completed on time and with quality.
On the basis of doing a good job in resuming production and resuming production of enterprises, China attaches great importance to giving play to the driving force of the industrial chain, promoting the resumption of production in supply chain enterprises, helping suppliers provide relevant procedures for resuming production, and assisting manufacturers to resume work as soon as possible. For enterprises that have difficulties in resuming work, arrange personnel to provide guidance on resumption of work, assist them to communicate with relevant departments, and quickly achieve resumption of production. At the same time, we will establish a linkage feedback mechanism with the supporting manufacturers of foreign associations to conduct daily statistics on the regional epidemic situation of the manufacturers and the operation of the enterprise, and provide assistance according to the situation. In particular, it will give priority to satisfying supply chain enterprises in the payment of funds, provide capital guarantee for supporting enterprises that resume work, improve the coordination ability of a heavy industry chain, and maintain a good industrial ecology and the development of the local real economy. At present, China Yizhong has a local support rate of over 52% in Heilongjiang.
In the first quarter, the State Power Investment Corporation also achieved a "starter" in the first quarter. The key tasks were steadily advanced, and the operating efficiency was improved against the trend. Benefit indicators such as total profit and net profit have greatly exceeded the planned progress, the decline in power generation is lower than the industry average, and the Group's relatively high industrial advantage in clean energy has fully manifested.
In the first quarter, SPIC Huanghe Hydropower Company completed power generation of 12.247 billion kWh, a year-on-year increase of 9.26%. Among them, hydropower completed 8.028 billion kWh, an increase of 14.5% year-on-year, photovoltaic completed 1.505 billion kWh, an increase of 5.3% year-on-year, and wind power completed 784 million kWh, an increase of 15.71% year-on-year.
SPIC Huanghe Hydropower Company started with the mining of high-quality stock assets and demanded benefits from stocks. The Yellow River Hydropower Company owns 10 large and medium-sized hydropower stations in the upper reaches of the Yellow River, as well as 7 hydropower stations in the Datong River and Jialing River basins. The hydropower industry has always been the company's power generation "large". In order to ensure the development of hydropower, the company strengthened the scientific dispatch and application of "one reservoir of water" of Longyangxia Hydropower Station, and adopted the methods of optimizing the operation mode of hydropower units, overlapping repair of units and shortening the construction period to increase power generation. At the same time, by digging into the potential of the new energy power generation industry, the first quarter of power generation achieved a good start.
In the first quarter, the power generation of the Three Gorges Power Station and Gezhouba Power Station of the Three Gorges Group reached 16.49 billion kWh and 3.678 billion kWh, respectively, both reaching record highs. "Providing clean energy to society is our sacred mission." Chen Guoqing, general manager of Yangtze Power, said that during the epidemic prevention and control period, more than 1,000 party members and cadres and employees of Yangtze Power in Yichang have been sticking to the production line for a long time, overcoming all kinds of difficulties, and doing a good job. While preventing and controlling the epidemic situation, it ensures the safe production of enterprises and reliable power supply to the society.
As of March 31, Hunan Great Wall Computer System Co., Ltd., a subsidiary of China Electronics, achieved sales revenue of 167 million yuan in the first quarter, a year-on-year increase of 35.7%; total profit of 4.7 million yuan, a year-on-year increase of 286%; and industrial output value of 214 million yuan, a year-on-year increase 58.9%. Among them, the production of domestically produced independent security computers of Hunan Great Wall is close to 20,000 units, an increase of nearly 70% year-on-year.
Faced with the impact of the epidemic on the economy, Hunan Great Wall Computer System Co., Ltd.'s "self-help" initiative began with early resumption of work and seized the opportunity in the crisis. Due to strong prevention and control, and early return to work, an overseas customer transferred many originally scattered orders to the production line of Hunan Great Wall Zhuzhou, and transferred all orders within this year to the production line. With this alone, the company is expected to produce 800,000 more intelligent hardware devices for export overseas this year, with an added output value of nearly 400 million yuan.
Precise policy for a win-win situation
Process reengineering, collaborative cooperation, tailor-made ... In the face of the impact of the epidemic, the central enterprises have tried every means to bring the market and customers back, improving efficiency and effectiveness.
In the first quarter, Sinopec Fuel Oil Sales Co., Ltd.'s operations increased against the trend, achieving a total operating volume of 6.33 million tons, an increase of 18% year-on-year. Among them, the volume of bonded oil distribution was 1.61 million tons, a year-on-year increase of 38%.
As a professional company with global marine fuel supply as its core business, Sinopec Fuel Oil Sales Co., Ltd. actively promotes the national general trade of low-sulfur marine fuel oil in response to the severe situation of the global epidemic, the sluggish international shipping, and the decline in domestic fuel consumption. The implementation of the export tax rebate policy, opening up the export tax rebate process of domestic resources in various ports, and achieving full coverage of the supply of low-sulfur marine fuel oil produced by Sinopec in Chinese ports, so that international shipowners can really get the benefits of "tax rebate"; the company also actively promotes low tax Sulfur marine fuel oil expands production, and develops a "one plant, one policy" logistics plan, taking advantage of the integration of production and sales, realizing the maximum release of low-sulfur marine fuel oil production capacity of various production enterprises, and making efforts to increase China Petrochemical's total crude oil processing capacity.
In response to the recent favorable international oil prices for shipping companies to reduce the cost of fuel oil, Sinopec Fuel Oil Sales Co., Ltd. also took advantage of the situation to expand sales, to provide shipowners customers with flexible spot and long-term fuel purchase price plans, and do the corresponding Supporting value maintenance and avoiding risks have promoted the accelerated release of international shipowners' demand for the purchase of low-sulfur marine fuel oil produced by Sinopec.
The terminal companies under China Merchants set new production records in the first quarter. The throughput of Yingkou Port Company No. 1 increased by 34.6% year-on-year, of which 14,681 trains were loaded and unloaded, an increase of 740.4%; Yingkou Port Company No. 3 Company's operating efficiency reached 6577 tons / hour in the "Margaret Wheel" ship unloading operation, which was the most recent year. The efficiency of the single ship operation has reached a new high; Liaoning Shenha Hongyun Logistics Company has set a record for the daily loading volume of sea-rail combined transportation; Dalian Port Bulk Cargo Terminal Company has set three historical highs of monthly, day and night and single shift iron ore loading capacity.
Sinotrans under the China Merchants Group has promoted a strong recovery of Sinotrans China-Europe trains in Changsha, Xi'an, Shenyang, Shilong and other places. A total of 228 China-Europe trains were launched in the first quarter, an increase of 72% year-on-year, accounting for the total number of China-Europe trains 11.75% of the total, of which Shenyang-Austria Enspanre and Changsha-Moscow-Russian trains were newly opened in March, which further enriched the train products and helped foreign trade enterprises to resume production.
Sinotrans China-Europe (Changsha) trains dispatched 78 trains in the first quarter, an increase of 10.53% year-on-year, especially for Zhonglian Heavy Industry, a company that enters the Belarusian-Belarusian Industrial Park, a star project on the “Belt and Road”. The Minsk China-Europe train logistics program shortened the 50-day transportation time originally planned by Zoomlion to about 16 days, and solved the problem of tight construction schedule for the year after.
Innovation and expansion see results
Many state-owned enterprises insist on writing about the core business, make quick response to the new changes and new requirements of the market during the epidemic situation, make timely adjustments, and strive to open up new development space through reform and innovation.
In the first quarter, Kaisheng Technology Group Co., Ltd., a subsidiary of China National Building Materials Group, based on its core business, made a "combination punch", business revenue increased by 11.9% year-on-year, and profit increased by 4% year-on-year.
Kaisheng Technology Group has 15 original glass companies and 21 intelligent production lines. In response to the feature that the production line cannot be shut down, the group proposed "using science and technology to improve quality and enhance intelligence to increase output." In 60% of cases, the first-class product rate and total finished product rate exceeded 90%, the output was basically flat year-on-year, and the profit increased by more than 80% year-on-year.
While stabilizing its main business, Kaisheng Technology Group Co., Ltd. has set its sights on overseas, exerting its technological advantages and expanding its international high-end market share. Taking the display module business as an example, the company seizes opportunities in the international market. LG orders in South Korea alone exceeded 1 billion yuan, and revenue in the first quarter increased by 34% year-on-year. The Polish photovoltaic power plant project with a contract value of more than 100 million US dollars through "cloud negotiation" and "cloud signing" successfully penetrated into the Eastern European market.
Under the epidemic, offline operations were severely hindered, and the "online model" showed its talent. In the first quarter, the State Grid E-Commerce Company accelerated the promotion of e-commerce and fintech business, contributed “e-commerce” wisdom in service companies' convenient payment, assisted the financing of small and medium-sized enterprises, and promoted the coordinated development of the upstream and downstream of the industrial chain. The number of registered users increased by 87% and 140% year-on-year.
Relying on the online State Grid and e-e-commerce, State Grid e-commerce provides multi-scenario services such as payment of electricity, electricity billing, electricity credits, electronic bills, electronic invoices, electricity bill financing, etc. The scale of electricity bill online banking exceeded 95 billion yuan in the first quarter. A year-on-year increase of 60%. State Grid e-commerce also focused on the coordinated development of the supply chain, using online platforms to help financial services resume production and production, combined with big data and blockchain technology, the transaction scale exceeded 20 billion yuan; for downstream enterprise users, launched e-loan, electricity e-ticket, PC e-profit and other extended, low-interest, fee-reducing quality services "combined boxing", providing all-weather online contactless financial services, alleviating the burden of small and medium-sized enterprises.