company production workshop. Photo by Han Yu
Great Wall Network (Reporter Liu Zhilin, Correspondent Xiao Zhiguang, Liu Chen) North China Pharmaceutical is actively promoting the reform of mixed ownership. Its holding subsidiary Hebei North China Pharmaceutical Huaheng Pharmaceutical Co., Ltd. (hereinafter referred to as "Huaheng Company") is the first batch of state-owned holding mixed ownership enterprises in the province to carry out employee shareholding pilot units. It has recently completed the implementation of employee shareholding, with a registered capital increased from 5 million yuan to 210 million yuan, and has completed industrial and commercial registration, becoming the first state-owned holding mixed ownership enterprise in Hebei Province to complete employee shareholding.
In order to steadily promote employee shareholding work, Huayao Co., Ltd. adopts a simultaneous capital increase to introduce employee shareholding, and the capital increase will be jointly increased by Huayao Co., Ltd., Coastal Industrial Fund and Huaheng employee shareholding platform. After six rounds of joint review by Jizhong Energy Group and multiple guidance from the Provincial State-owned Assets Supervision and Administration Commission, it has completed the internal approval procedures of North China Pharmaceuticals and Jizhong Energy Group, and obtained approval from Jizhong Energy Group and filing of the Provincial State-owned Assets Supervision and Administration Commission.
company production workshop. Photo by Han Yu
As of now, the holding platform has raised a total of 7.1 million yuan of funds, all of which have been in place. The capital increase funds of Huayao Co., Ltd. and the coastal fund have been fully received. The registered capital of RMB 210 million has been fully paid in place. The change of industrial and commercial registration was completed on September 30, 2018.
This time, Huaheng Company implemented employee shareholding in the context of the country's deepening of mixed ownership reform of state-owned enterprises, which is very different from previous employee shareholding. During the implementation of employee stock ownership, we adhere to the principles of "grasping the key minority", "same share price", "job change to stocks", and "person-to-people turn to stocks" and make detailed agreements on the holding methods, equity management, equity transfer and exit. At the same time, initial results have been achieved in introducing strategic investors, scientifically setting equity ratios, exploring the organic combination of party organizations and corporate governance, improving the market-oriented personnel selection and employment system, exploring the establishment of an effective internal incentive mechanism, and promoting the optimization and upgrading of industrial structure around the main business, effectively mobilizing employees' enthusiasm for work and innovation, and improving the efficiency and quality of the enterprise.
company production workshop. Photo by Han Yu
Next step, Huaheng Company will seize the opportunity of mixed ownership reform, drive innovation, market-oriented, and law as the bottom line, rely on mixed reform to improve the corporate governance structure , effectively implement the powers of the board of directors, promote the management level term system and contractual management, and achieve scientific and efficient decision-making. At the same time, vigorously implement the "Talent-Strength Enterprise" strategy, cultivate and introduce high-end talents, and create a talent highland. On this basis, we will build a "green factory", comprehensively promote the integrated technology of clean production and environmental protection, and realize green manufacturing ; learn from "IE" and "TPS" and lean production to accelerate the construction of the production operation management system; based on customer value management, implement differentiated marketing , effectively transmit product value through professional services, create high-end products, continuously expand market share, and ultimately realize brand value creation, continuously stimulate the internal vitality of state-owned enterprises, enhance the core competitiveness of enterprises, and strive to achieve the secondary entrepreneurship of Huayao in the Zhaoxian Park and the green rise.
