Source: People's Daily
core reading
In June this year, central enterprises achieved operating income of 2.9 trillion yuan and net profit of 166.48 billion yuan, a year-on-year increase of 0.6% and 5% respectively.
Faced with a complex environment, it is not easy for central enterprises to achieve positive growth in revenue and profits simultaneously. On the one hand, the country’s outstanding achievements in epidemic prevention and control have created favorable conditions for the recovery of the national economy; on the other hand, central enterprises have made great efforts to comprehensively deepen quality and efficiency improvements, make every effort to expand markets, grasp production, control costs, and stabilize investment. .
At the State Council Information Office press conference held on July 16, Peng Huagang, Secretary-General and Spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council, introduced the specific economic operations of central enterprises in the first half of the year. He said that the economic operations of central enterprises have improved significantly and positive changes have increased significantly. 6 Revenue and profit simultaneously achieved positive growth in the month.
The decline in revenue and profit in the first half of the year narrowed compared with the first quarter, and both revenue and profit achieved positive growth in June
In the first half of this year, most central enterprises encountered staged difficulties due to the impact of the new coronavirus epidemic. As my country's epidemic prevention and control continues to improve, Further consolidation has accelerated the restoration of social production and living order, and the production and operation of central enterprises have accelerated and improved since May.
Peng Huagang introduced that in the first half of the year, central enterprises achieved a cumulative operating income of 13.4 trillion yuan, a year-on-year decrease of 7.8%, and the decline was 4 percentage points narrower than the first quarter. The revenue decline has narrowed for three consecutive months; the cumulative net profit was 438.55 billion yuan, It dropped 37.7% year-on-year, with the decline narrowing by 21.1 percentage points from the first quarter and 12.6 percentage points from January to May.
html In June, central enterprises achieved positive growth in both operating income and net profit. Among them, operating income was 2.9 trillion yuan, a year-on-year increase of 0.6%. Most companies have recovered or exceeded the same period; net profit was 166.48 billion yuan, an increase of 64.63 billion yuan from May, an increase of 5% year-on-year. It was also the first time this year that monthly net profits were positive. increase.Looking at the industry, production and operations in key industries have accelerated their recovery and are gradually improving.
In the first half of the year, indicators such as steel production, crude oil production, power generation and electricity sales of central enterprises have returned to more than 98% of the levels of the same period last year; new ship orders increased by 21.2% year-on-year, installed power capacity increased by 5.1% year-on-year, and commercial coal sales It increased by 1.8% year-on-year, and indicators such as alumina production and new orders for power generation equipment all maintained positive growth.
Refined oil sales in the second quarter increased by nearly 40% compared with the first quarter, and also increased year-on-year. After a sharp 10.9% year-on-year decline in February, the electricity sales of the two power grid companies gradually recovered. The decline narrowed to -1.3% in April, turned to positive growth of 4.6% in May, and increased by 6.5% year-on-year in June. .
"The physical quantity indicators of basic industries such as oil, electricity, and coal have shown marginal improvements, reflecting the continued improvement of the national economy and boosting confidence in economic operations in the second half of the year." Peng Huagang said, as well as the military industry, communications industry, construction industry, etc. Contribution to profits is relatively large.
Looking at the enterprises, operations have tended to be stable, and the monthly income and profits of most enterprises have recovered or exceeded the levels of the same period.
There were 57 central enterprises whose revenue increased year-on-year in June, and 33 enterprises' monthly income increased by more than 10%; 58 central enterprises' net profits increased year-on-year in June, and 46 enterprises' net profits increased by more than 10%.
Peng Huagang believes that in the face of this year’s complex environment, it is not easy for central enterprises to achieve a new high in revenue and net profit in June. On the one hand, the country’s outstanding achievements in epidemic prevention and control have created favorable conditions for the recovery of the national economy; on the other hand, central enterprises have made great efforts to comprehensively deepen quality and efficiency improvements, make every effort to expand markets, grasp production, control costs, and stabilize investment. .
In the first half of the year, fixed asset investment of 1 trillion was completed, reducing the operating costs of the whole society by more than 120 billion yuan. In addition to the return to positive growth in revenue and profits, central enterprise investment also took the lead in achieving positive growth.
In the first half of the year, central enterprises completed fixed asset investment of 1 trillion yuan, a year-on-year increase of 7.2%. The growth rate was 5.9 percentage points faster than that from January to May, and 11.7 percentage points faster than the first quarter.
Since the full resumption of work in March, the monthly fixed asset investment growth rates of central enterprises have been 4.1%, 11.8%, 13%, and 21.2% respectively, showing a trend of accelerating month by month. In the second quarter, a total of 673.07 billion yuan of fixed asset investment has been completed, a year-on-year increase of 14.8 %.In terms of industries, the growth rate of fixed asset investment in power generation, automobiles, communications, metallurgy and other industries exceeded 15% in the first half of the year.
In order to help Hubei recover after the epidemic, on June 3, relevant central enterprises and Hubei Province signed a total of 72 cooperation projects with a total investment of 327.7 billion yuan.
To stabilize investment, central enterprises will continue to make efforts. Peng Huagang introduced that in the second half of the year, we will continue to guide and support enterprises to increase investment in areas such as improving basic industrial capabilities, breaking through weak links in key core technologies of the industrial chain, maintaining the security of the industrial chain, and seizing investment in new infrastructure such as 5G, industrial Internet, and data centers. In order to seize opportunities, actively promote the start of project construction in an orderly manner, reserve high-quality investment projects, actively absorb social capital, and expand financing channels.
Focusing on the "six stability" work and the implementation of the "six guarantees" tasks, central enterprises have also made every effort to help small and medium-sized enterprises fight the epidemic, reduce costs, and overcome difficulties, and resolutely implement the national reduction of electricity prices, gas prices, tariffs, tolls, and The rent policy has reduced the operating costs of the whole society by more than 120 billion yuan in the first half of the year.
Peng Huagang analyzed the composition of this 120 billion yuan: "The two power grid companies have reduced user costs by a total of 54 billion yuan, the three communication companies have made profits by 42 billion yuan, and the three petroleum and petrochemical companies have reduced the energy costs of downstream companies by 18 billion yuan. In addition, the cumulative The rent reduction and exemption for micro-enterprises has also exceeded 4 billion yuan. "
In the second half of the year, central enterprises will continue to support the development of small and medium-sized enterprises in three aspects: increasing basic supply such as oil, electricity, coal and transportation; continuing to implement the policy of reducing fees and providing profits; strengthening cooperation with various industries. Cooperate with enterprises, especially small and medium-sized enterprises in the industrial chain and supply chain, and use investment to promote the development of the entire industrial chain and supply chain. "Now we are actively carrying out the work of clearing the arrears of central enterprises, especially the undisputed arrears of small and medium-sized enterprises, and those that should be repaid should be returned as soon as possible." Peng Huagang said.
The "Three-Year Action for State-owned Enterprise Reform" will be fully implemented, and five measures will be taken in the second half of the year to strive to achieve the full-year target.
While accelerating the resumption of production and operations, reform cannot stop. Recently, the 14th meeting of the Central Commission for Comprehensive Deepening Reforms reviewed and approved the "Three-Year Action Plan for State-owned Enterprise Reform", and the picture of state-owned enterprise reform in the next three years has gradually become clearer.
Peng Huagang introduced that the "Plan" has four "prominences": First, it highlights the implementation of concrete actions, and defines the timetable and roadmap for the reform of state-owned enterprises for various key tasks and puts forward clear task measures to ensure that they are quantifiable and assessable. ; The second is to focus on key points, make up for shortcomings, strengths and weaknesses, adhere to a problem orientation, and propose measures in a targeted manner, rather than covering everything; the third is to highlight system integration, collaboration and efficiency, and some reform tasks are difficult to achieve by relying on one measure alone. It is necessary to comprehensively apply multiple measures and adopt a multi-pronged approach; fourth, we must focus on overcoming difficulties and fight the war of annihilation. Reforms in some important areas have clarified goals and time limits, and we must concentrate our efforts on tackling difficult problems in the three-year operation.
The overall operating performance of central enterprises in the first half of the year was better than expected. If we work harder in the second half of the year, can we achieve the full-year goals? Peng Huagang said that although the production and operation conditions in the first half of the year laid a good foundation for completing the goals and tasks for the whole year, the reform and development of central enterprises in the second half of the year will face difficulties and pressures. To achieve the goals, these five aspects of work must be strengthened: We will solidly promote the operational development and steady growth of central enterprises; comprehensively implement the three-year action for the reform of state-owned enterprises; fully promote the scientific and technological innovation of central enterprises; actively promote the optimization and structural adjustment of state-owned capital layout; and conscientiously prevent and resolve major risks.
"Strive to achieve sustained and rapid growth in the benefits of the vast majority of central enterprises, and strive to achieve positive growth in the overall benefits of central enterprises." Peng Huagang said. (Reporter Zhao Zhanhui)
