China News Service, Zhengzhou, April 26 (Reporter Han Zhangyun) The reporter learned from a press conference held by the Henan Provincial Government Information Office on the 26th that 37 Henan provincial-managed enterprises achieved a total profit of 4.49 billion yuan in the first quarter, turning losses into profits year-on-year. This represents an increase of 54% over the same period in 2019.
Liu Menglian, deputy director of the SASAC of Henan Province, introduced at the press conference that in the first quarter of this year, the development momentum of Henan provincial management industry enterprises was strong.
"What is particularly gratifying is that industrial enterprises, driven by the increase in the volume and price of major products such as coal, chemicals, and steel, have significantly improved their efficiency, achieving a total profit of 1.83 billion yuan, turning losses into profits year-on-year, and increasing profits by 2.42 billion yuan."
Liu Menglian said that among them, China Pingmei Shenma Energy and Chemical Group made a profit of 1.32 billion yuan, a year-on-year increase of 1.48 billion yuan, the best level in history; Angang Group made a profit of 190 million yuan, a year-on-year increase of 490 million yuan.
In addition, in the first quarter, Henan provincial financial enterprises made a profit of 1.81 billion yuan, a year-on-year increase of 10.6%. Commercial and cultural enterprises also achieved profits.
How did Henan provincial management enterprises achieve profit against the trend in the first quarter?
Liu Menglian analyzed that this benefited from the obvious increase in the production and sales of the main products of provincial-managed enterprises in the province.
"The output of coal and steel increased by 2.4% and 47.6% respectively year-on-year; the output of major nylon chemical products, industrial yarn and cord fabric, increased by 3% and 19% year-on-year; the output of major coal chemical products, methanol and 1,4-butanediol, increased year-on-year, respectively. 20.7% and 45.7%. Sales of coal and steel increased by 6.6% and 49.7% year-on-year respectively; sales of industrial yarn and cord fabric increased by 38% and 21% year-on-year; sales of methanol and 1,4-butanediol increased by 29.2% and 29.2% year-on-year respectively. 155.7%." Liu Menglian said that the boom in production and sales on the one hand shows that market demand is steadily picking up, and on the other hand, it shows that the effectiveness of supply-side structural reforms is continuously consolidated and improved.
In addition, enterprise reform and innovation have also improved production efficiency.
According to Ma Yuan, deputy general manager of China Pingmei Shenma Energy and Chemical Group Co., Ltd., the company conducts scientific and technological public relations around the three core businesses of coal coke, nylon chemical industry, and new energy and new materials.
Among them, the test and research project of surface extraction well in Shoushan No. 1 Mine has realized the integration of coal and gas mining and gas resource utilization.
The zone melting polysilicon project has broken through key technologies such as deoxidation and coating, and has made important progress.
While ensuring substantial growth in operating performance, Angang Group has also continued to increase investment in environmental protection. Since 2014, the company has invested nearly 10 billion yuan in environmental protection, achieving a win-win situation for economic and environmental benefits.
What measures will Henan take to maintain the good development of state-owned enterprises? Liu Menglian said in response to a question from a reporter from China News Agency that Henan will continue to implement the "three concentrated tackling", and it will be safe through risk prevention and control, structural adjustment, and improvement of governance efficiency. Resolve the debt risks of key enterprises, promote more concentrated development of state-owned capital in the high-end and basic key links of the value chain of the industrial chain, supply chain, and promote state-owned enterprises to improve governance, strengthen incentives, improve efficiency, and increase vitality. (Finish)