Hunan Xiangtou Holding Group Co., Ltd. at the foot of the mountain has ushered in its 30th anniversary. In 1992, Hunan Economic Construction Investment Company, the predecessor of Xiangtou Group, was born, becoming the first investment and financing platform in the province speci

Source: [Huasheng Online]

Wang Liang Xin Song Si Ke

In the beginning of autumn, Yuelu Mountain is still lush and full of business. Hunan Xiangtou Holding Group Co., Ltd. (referred to as "Xiangtou Group") at the foot of the mountain has ushered in its 30th anniversary.

In 1992, the predecessor of Xiangtou Group, Hunan Economic Construction Investment Company (hereinafter referred to as "Provincial Economic Construction Investment"), was born, becoming the first investment and financing platform in the province specially established to implement the major strategies of the provincial party committee and government; in November 2005, with the reform of the state-owned asset management system, the Provincial Economic Construction Investment was reorganized into Xiangtou Group, opening a new chapter of market-oriented transformation and group-oriented operation.

Thirty years of ups and downs, Xiangtou Group has always kept in mind the original mission of "Investing for Hunan", serving the major strategic deployments of the provincial party committee and government, closely focusing on the needs of the province's economic and social development, giving full play to the important role of state-owned capital, constantly fission and transformation, and achieving leapfrog development.

As of June 2022, Xiangtou Group has grown into a modern large enterprise group with assets exceeding 63 billion yuan and annual profit exceeding 1 billion yuan. It has nearly 70 second- and third-level enterprises and controls a listed company.

helps Hunan industrialization, open up the main artery of transportation

years without any trace, leaving a mark on the earth.

Thirty years of storm and cloud meetings, Xiangtou Group, which is forging ahead, has participated and witnessed the tremendous changes in the land of Hunan.

In the early 1990s, the spring breeze of reform and opening up blew across the land of Hunan, and Hunan set off a wave of economic construction.

At that time, the provincial economic and technological investment that emerged began to show its "fighting and kicking", raising a large amount of funds to invest in the main battlefield of economic construction in our province by giving full play to the guiding role of the government investment entity.

Changsha LG Shuguang project, the Provincial Economic Construction Investment has participated in the investment since the project was implemented, and the annual production capacity of color imaging tubes and color displays of various specifications reached 10 million, accounting for more than 40% of the output value of the province's electronic information industry at the highest output value; Jindi Polyester, which invested in Xiangtan, became the largest textile raw material production project in Central and South China at that time...

In the eight years from 1992 to 2000, the Provincial Economic Construction Investment completed a total investment of nearly 16 billion yuan, driving 100 billion yuan of social funds, and invested in and built more than 560 national and provincial key projects and other projects, involving more than 20 industries such as electricity, raw materials, and high technology. Among them, 95% are infrastructure and basic industrial projects that improve the level of industrialization, which has effectively "splied" Hunan's industrial development.

1999, at the provincial construction work and key construction project conference, the Provincial Economic and Construction Investment was awarded the title of "Advanced Unit for Key Construction Organization, Coordination and Management of Hunan Province" by the Provincial Government.

At the end of the last century, with the overall take-off of China's economy, convenient transportation has become a key point for the rapid economic and social development of our province.

Since the establishment of the Provincial Economic and Construction Investment, it has focused on major infrastructure in the province and made every effort to open up the province's transportation artery and provide "acceleration" for economic development.

Changsha Huanghua International Airport was planned to expand the second phase in 1992. The Provincial Economic and Construction Investment spared no effort and invested a total of 215 million yuan to build a new terminal building, improve the airport's throughput capacity and operation efficiency, giving Hunan "wings to take off".

Zhangjiajie Airport , the Provincial Economic and Construction Investment invested more than 93% of the funds to promote the smooth navigation of the airport on the occasion of the 100th anniversary of Chairman Mao Zedong's birth, greatly promoting the development of the local economy. In addition, the Provincial Economic and Construction Investment also invests in the Airport Group and supports the Airport Group to invest in Yongzhou Lingling Airport and Huaihua Zhijiang Airport.

railway, the Provincial Economic and Construction Investment, on behalf of the provincial government, jointly established a joint venture with Guangdong Railway Group to build the first joint venture railway in China - Shichang Railway .

Shichang Railway has a total investment of 4.3 billion yuan and a total mileage of more than 260 kilometers. After five years of construction, it was completed and opened to traffic in October 1998, connecting the Jiaozhi Line and the Beijing-Guangzhou Line, becoming the main transportation artery in northwest Hunan, establishing a fast channel for people's travel along the route and the entry and exit of a large number of industrial and mining products, and providing transportation guarantee for the start of power generation by the Shimen Power Plant, a national key project.

serves Hunan's energy strategy to ensure the energy supply of the whole province

At 10:8 on June 26 this year, after 72 hours of replacement, boosting and stabilizing, the Huayuan-Zhangjiajie section of the Daxiangxi Gas Pipeline Huayuan-Zhangjiajie section of the Hunan Natural Gas Pipeline Network Co., Ltd. belonging to Xiangtou Group successfully completed the ignition ceremony, and the project was put into production and ventilation.

On June 26, 2022, the Huayuan-Zhangjiajie section of the "Gasification Hunan Project" was officially ventilated and ignited, and Daxiangxi entered a new stage of pipeline natural gas energy consumption.

Li Yong, Secretary of the Party Committee and Chairman of Xiangtou Group, introduced that Xiangtou Group was born and prospered because of energy, and became stronger because of energy. Since its establishment, Xiangtou Group has invested and built a large number of provincial-level energy key projects in Xiaoxiangdi, making important contributions to improving Hunan's energy consumption structure and ensuring Hunan's energy supply.

During the Economic and Construction Investment period, it successively invested in the construction of a number of large-scale water conservancy projects such as Wuqiangxi, Sanbanxi, and Lingjintan, which greatly alleviated the contradiction of tight power supply in our province, and at the same time reduced floods and floods in the lower reaches of the Yuan River and improved the shipping conditions in the middle and lower reaches of the Yuan River.

Since then, Xiangtou Group has invested in the construction of six hydropower stations, namely Tongwan, Xiaoxi, Qingshuitang, Mangtang, Gaotan and Heping, in the province. At present, the total installed capacity of hydropower in Xiangtou Group has reached 5.76 million kilowatts in the holding of the total hydropower industry. With the completion of this batch of power stations, the strategic task of "Yuanshui River Basin Development" has been successfully completed.

Tongwan Hydropower Station among green waters and green mountains.

While developing hydropower, Xiangtou Group actively participated in the construction of thermal power project , controlled and invested in the second phase of Yiyang Power Plant, and jointly invested in the construction of large thermal power plants such as Huaneng Yueyang Power Plant, Yiyang Power Plant Phase I, Xiangtan Power Plant, Shimen Power Plant, which greatly alleviated the energy shortage problem that restricted Hunan's economic development and provided strong power support for our province. In addition, Xiangtou Group also actively participated in the construction of Taohuajiang Nuclear Power Plant .

After 2005, the brand new Xiangtou Group "shouldered its whistle", focusing on its main energy business through market-oriented operations, and actively developing clean energy such as wind power, hydropower, etc. inside and outside the province.

cooperated with foreign capital to establish the first Sino-foreign joint venture investment company in the country, Xiangtou International, and invested in the construction of the first wind farm Huide Wind Power in Huade County, Ulanqab City, Inner Mongolia to be put into operation, as well as hydropower stations such as Shangri-La, Zhenkang Xiangneng, and Zhenkang Xiangyuan in Yunnan, making important contributions to local energy supply and economic development.

As of the end of 2021, the installed power installed capacity in operation by Xiangtou Group reached 20.44 million kilowatts, accounting for 37.8% of the province.

The formation of a building is not the material of a single tree; the vastness of the sea is not the return of a first-class.

Today, Xiangtou Group has basically formed an energy industry chain layout integrating planning and design, investment and construction, operation and maintenance, energy transactions, energy big data, and comprehensive energy services. It is the largest and best quality enterprise among local state-owned enterprises in Hunan Province.

During the 12th Five-Year Plan period, the Hunan Provincial Party Committee and the Provincial Government made major strategic arrangements for implementing the "Hunan Gasification Project" according to development needs.

In 2014, the Provincial Party Committee and the Provincial Government made it clear that Xiangtou Group would be the only implementing body of the "Hunan Gasification Project" and would be responsible for investment, construction, management and operation.

The sea is wide and the fish leaps with the sky high and the birds fly with the birds. Faced with the trust and demands of the provincial party committee and government, Xiangtou Group has made every effort and taken every step, and the blueprint of "gasification of Hunan" is becoming clearer in the land of Hunan.

In April 2022, Xiangtou Group and Yongzhou Municipal Government signed a strategic cooperation agreement for to jointly build a large-scale comprehensive energy base for surround, phonotherapy gas storage.

In order to solve the problem of gas source shortage in our province and open up the main artery of gas source transportation in our province, Xiangtou Group has developed and introduced gas sources from other provinces to Hunan, actively coordinated with Sinopec Natural Gas Company to strive for the early start of construction of the Hunan section of the "New Guangdong and Zhejiang" and put into production at the end of 2020, becoming the first national main pipeline network in the true sense of our province. Through cooperation with Hubei Provincial Pipeline Network Company, we invested in the construction of the Huarong - Nanxian - Anxiang branch pipeline, connecting the "Sichuan gas delivery east" gas source for Yueyang , Changde, Yiyang and other places; overcame the obstacles of Xuefeng Mountains and Wuling Mountains, realizing docking with Chongqing Xianglong, and introducing shale gas resources in Chongqing.

In addition, Xiangtou Group and Sinopec established Huaxiang Natural Gas Company, opening up the second gas source supply entity in our province; cooperated with CNOOC Oil & Gas and Electric Group to build 50 million cubic meters of gas storage facilities, completed the government's three-day supply guarantee task, and introduced CNOOC high-quality gas resources.

In order to solve the problem of natural gas pipeline coverage, Xiangtou Group and Sinopec Natural Gas Company established "Hunan Natural Gas Pipeline Co., Ltd.", and China National Petroleum Kunlun Gas established "Hunan Natural Gas Co., Ltd.", and established "Hunan Xiangtou Natural Gas Investment Co., Ltd.", through three platform companies, fully mobilize resources of central enterprises and jointly promote the construction of the "Gasification Hunan Project" pipeline network.

As of the end of May 2022, the "Hunan Gasification Project" has completed a total investment of 7.56 billion yuan, built 24 natural gas branch lines in the province, and completed 1,835 kilometers of pipeline welding. All 14 central cities in the province have realized pipeline gas. By the end of this year, the number of gasification cities, counties and districts in the province will increase from 12 in 2010 to 91, and the completion rate of county-to-county connections will reach 75%.

Adhere to innovation-driven development and cultivate and expand emerging industries

"Innovation is the first driving force for development."

For thirty years, while focusing on the core energy business, Xiangtou Group has always adhered to the innovation-driven development strategy of and vigorously developed strategic emerging industries.

At present, Xiangtou Group has 5 national science and technology innovation platforms and 22 provincial science and technology innovation platforms; 22 subsidiaries have become national high-tech enterprise , and have cultivated 2 national and 4 provincial " specialized and specialized " small giant enterprises.

In 2021, Xiangtou Group invested more than 350 million yuan in R&D funds, accounting for 5.87%, both higher than the national average.

Through years of "tapping potential" and "cultivation", Xiangtou Group has achieved fruitful results in new materials, biomedicine , intelligent manufacturing and other fields, and many representative companies have grown into industry leaders.

Xiangtou Group closely follows the national strategic needs, implements the strategic deployment of Hunan Provincial Party Committee and the provincial government, anchors the high-performance titanium and titanium alloy new materials industry , and has "forged" Hunan Xiangtou Jintian Technology Group Co., Ltd. for more than ten years, making up for Hunan's "shortcoming" in the strategic emerging materials industry and solving the "bottleneck" problem of China's titanium industry series.

In 2007, China's first large-rolled heavy-width hot-rolled titanium strip coil was developed, ending the history of China's inability to produce titanium strip coils; in 2014, ultra-thin wall 0.4 mm titanium welded pipe was successfully developed, and it was used in China's first all-titanium sea desalination device; it broke through the major bottleneck in the development of my country's high-strength tough titanium alloy industry, and became the exclusive research and development agency for titanium alloy materials for landing gear of AG600 aircraft in 2011.

In 2000, Xiangtou Group invested and deployed Hunan Jintian Aluminum High-Tech Co., Ltd. in Luxi County, Xiangxi Prefecture, and created the first high-tech enterprise in , Xiangxi Prefecture, . Since its establishment, Jintian Aluminum has solved the key technical problems in the production and manufacturing of "air atomization" of aluminum powder, built China's first microscopic aluminum powder production line with a production capacity of 2,000 tons and the first domestic aluminum powder grading system for solar cells; established a complete technical system for aluminum-based composite products, and developed two core products: "120 km/h rail transit vehicle aluminum-based composite brake disc " and "Aluminum-based composite for new energy vehicles".

On March 26, 2020, Nanxin Pharmaceutical, a subsidiary of Xiangtou Group, was listed on the Shanghai Stock Exchange Science and Technology Innovation Board, becoming the second and first state-owned enterprises in Hunan Province. Nanxin Pharmaceutical focuses on major diseases such as influenza , infectious disease prevention and control, malignant tumors, diabetes , and is a high-tech and innovative pharmaceutical company integrating drug research and development, production and sales. After years of development, Nanxin Pharmaceutical has built a complete R&D system and industrial chain layout.

In March 2020, Nanxin Pharmaceutical successfully achieved an IPO, becoming the second company in Hunan Province, the first company to enter the Science and Technology Innovation Board with a state-owned asset system, and the first Hunan pharmaceutical company to be listed on the Science and Technology Innovation Board.

In December 2019, in order to promote the development of the intelligent manufacturing industry and help build our province's Industry 4.0, Xiangtou Group took over Zhongnan Intelligent. Zhongnan Intelligent takes robot digital technology as its core. Since its establishment, it has undertaken the first national key R&D project in the field of robots in Hunan. It has jointly undertaken the development of intelligent robots for engines and aerospace key casting equipment manufacturing with China Aerospace , Weichai Power and other units.At present, the accuracy and stability of Zhongnan intelligent robots have reached international standards and have become the enterprise with the widest range of services in the field of intelligent manufacturing in China.

In March 2008, Xiangtou Group invested in the " photomask substrate" key material in many industries such as integrated circuit chips, flat panel display devices, fine optics, micro-nano processing and laser anti-counterfeiting. Continue to promote independent research and development, realize mass production of mask substrates, fill the domestic gap, break the monopoly of Japanese and Korean enterprises, and was awarded the "National Ten-Year Achievement Award" by the National Development and Reform Commission.

In 2022, Xiangtou Group undertakes the construction and operation of the "State-owned Assets Cloud" platform of the Provincial State-owned Assets Supervision and Administration Commission, ensures the security of state-owned data assets, creates smart application scenarios, and promotes the digital transformation of state-owned assets and state-owned enterprises in the province .

Capital empowers "specialized, specialized, and innovative" combined with industry and finance to promote production with financing

innovation and move forward with confidence.

Using investment and financial tools, Xiangtou Group continues to focus on emerging fields, constantly incubate industrial entities, and move towards high-quality development.

Xiangtou Group has been involved in fund venture capital business since 2000, and has created many firsts in the fund venture capital industry in our province. He has successively been entrusted to manage 49 investment funds, with a total of nearly 10 billion yuan in funds managed, leveraging nearly 100 billion yuan in social capital, 120 investment projects, and achieving investment returns of nearly 5 billion yuan. He supports the growth and growth of a large number of high-tech enterprises such as Zoomlion Heavy Industry, Boyun New Materials , and Xingbang Intelligent. It has effectively promoted the development of high-tech industry and strategic emerging industries in our province, and won a series of industry honors such as Forbes China's Best PE Investment Institution.

As of now, the Xiangtou Fund venture capital sector has accumulated more than 120 investment projects, helping to accelerate the listing of Sany Heavy Industry, Boyun New Materials, Tangrenshen, Zhongnan Media , Hongyu New Materials, Huayou Cobalt Industry and other companies, making important contributions to the adjustment of the economic structure of our province and promoting industrial upgrading.

In addition, the Xinhua Rural Commercial Bank controlled by Xiangtou Group is developing well, with a total asset scale of more than 26 billion yuan, which has effectively served the development of local real industries and the growth and growth of small and medium-sized enterprises.

Actively practice social responsibility and strive to demonstrate the responsibility of state-owned enterprises

30 years since its establishment, Xiangtou Group has actively fulfilled the social responsibility of state-owned enterprises, stood at the forefront, took the initiative to solve problems for Hunan's social and economic development.

In 2004, Xiangtou Group reorganized the assets and debts of Shenzhen Sunshine Hotel , and through a series of reforms and innovations and business control measures, it promoted the Shenzhen Sunshine Hotel, which was in crisis, to turn losses into profits.

In 2009, Xiangtou Group received the continuous loss assets and personnel burdens replaced by listed company Jinguo Industrial , supported Hunan Development Group to go public through backdoor listing, and promoted the stable development of Hengyang Jinguo through reintegration and strict management.

In 2019, Xiangtou Group invested 500 million yuan to acquire and reorganize Shaolu Group to support the construction and development of Shaoshan .

...

devoted to the targeted poverty alleviation national strategy. Xiangtou Group focused on giving full play to the advantages and characteristics of the enterprise, and did a good job in assistance with heart, passion and effort, and wrote a brilliant mark.

From 2015 to 2017, Xiangtou Group carried out village assistance in Yansheng Village, Luohong Township, Longhui County, Shaoyang City, and was rated as excellent by the Organization Department of the Hunan Provincial Party Committee and the Provincial Poverty Alleviation Office for three consecutive years. During this period, Xiangtou Group invested a total of more than 6.6 million yuan in funds and strived for more than 6.5 million yuan in various types of funds to be used for people's livelihood projects and industrial development such as water conservancy irrigation, rural network transformation, safe drinking water, etc., to help Yansheng Village build a pig farm of more than 2,500 square meters and a supporting large biogas pool, and to establish a pig farming cooperative to drive villagers to develop pig breeding and other industries. By the end of 2017, all 112 poor households in the village were lifted out of poverty on schedule.

From 2018 to 2021, during the decisive battle and decisive battle, Xiangtou Group sent a village-based working team composed of four "post-80s" masters to help Kepi Village, Furong Town, Yongshun County. Since the work team entered the village to help poverty alleviation, based on the unique natural conditions and historical traditions of planting kiwi fruit in Yongshun County, vigorously promoted the construction of the "100-acre high-standard ecological kiwi fruit industry demonstration park" in Kepi Village, held more than 60 periods of standardized planting technology training, trained more than 600 villagers, and led villagers to plant more than 500 acres of high-quality kiwi fruit.The poverty alleviation team established a "Mutual Aid Five Prosperity" charity supermarket for all villagers, implemented a combination of point management and material exchange, and guided the poor to participate in rural night schools, industrial development, volunteer services and other activities to obtain points, achieving the effect of "points changing habits, hard work changing life, environment boosting spirit, and building a good village for the whole people". In the past three years, Kopi Village, which has undergone earth-shaking changes, has won the title of "National Rural Governance Demonstration Village". Xiangtou Group's village poverty alleviation work has also been selected as a typical case of village assistance from the State Council Poverty Alleviation Office.

While doing a good job in village assistance, Xiangtou Group actively leverages its state-owned capital advantages and introduces social funds to support the cause of poverty alleviation.

In 2017, Xiangtou Group invested 250 million yuan to introduce central enterprises funds and initiated the establishment of a "Private Equity Fund for Industrial Investment in Hunan in Poverty Areas of Central Enterprises" with a total scale of 750 million yuan, supporting the development of enterprises and industries in poor areas to drive local economic development and enhancing the hematopoietic function and endogenous driving force in poor areas. Since its establishment, the poverty alleviation fund has completed 12 investment projects, covering 14 counties (cities) including Yongshun , Anhua , Shaoyang , etc.

Due to obvious results, Xiangtou Group's poverty alleviation work has been commended by the Party Central Committee and the State Council. The group has been recommended to apply for the "National Poverty Alleviation Innovation Award" as one of the five units in the province and representatives of provincial enterprises for two consecutive years. The village work team was awarded the title of "National Advanced Collective for Poverty Alleviation" by the Party Central Committee and the State Council.

demonstrates responsibility for Hunan, and sets off again at the age of thirty.

Li Yong said that looking forward to the future, Xiangtou Group will take "Hunan's main force in implementing the new energy security strategy and the 'dual carbon' goal, and the new force in fully implementing the strategic positioning and mission tasks of the 'three highs and four new'", seize important strategic opportunities, adhere to innovation-driven, strengthen party building leadership and talent support, and stride forward towards the goal of a domestic first-class comprehensive energy group with strong energy security guarantees and coordinated development of "one core and two auxiliary". With high-quality leapfrog development, we strive to write a new chapter of Xiangtou in the construction of a socialist modern new Hunan!

This article comes from [Huasheng Online], which only represents the author's views. The national party media information public platform provides information release and dissemination services.

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