Lanzhou Machine Tool Plant withdraws from state-owned sequence

Li Tianliang, director of the State-owned Assets Supervision and Administration Commission of Lanzhou Municipal Government, and Li Weiqian, chairman of Tianshui Xinghuo Machine Tool Co., Ltd., solemnly signed the text of the contract of property rights transfer, marking the transfer of all state-owned property rights of Lanzhou Machine Tool Plant to Tianshui Xinghuo Machine Tool Co., Ltd. Lanzhou Machine Tool Plant, which has a glorious history of more than 50 years, has completely withdrawn from the state-owned enterprise sequence. At the end of 2006, on the basis of completing the “two replacements” task of “393” state-owned enterprise reform, Lanzhou State-owned Assets Supervision and Administration Commission actively introduced strategic investors and implemented large-scale state-owned enterprise asset restructuring in accordance with the strategic deployment of Lanzhou Municipal Committee and Lanzhou Municipal Government. . Tianshui Xinghuo Machine Tool Co., Ltd., starting from the strategy of developing its own enterprise and revitalizing the Lanzhou equipment manufacturing industry, won the competition with a number of investors and legally transferred the state-owned property rights of Lanzhou Machine Tool Plant. In order to encourage and strengthen the confidence of investors, the Lanzhou Municipal Committee, the Lanzhou Municipal Government and the Lanzhou Municipal State-owned Assets Committee have promoted the smooth reorganization of enterprises and retained 10% of state-owned property rights. After the reorganization, Lanzhou Machine Tool Plant fully introduced the advanced concept, management, technology, market and corporate culture of the reorganization. After more than four years of hard work, the annual output value of the company increased rapidly from 40 million yuan in 2006 to nearly 300 million in 2010. Yuan, the face of the company has undergone tremendous changes. In order to further optimize the shareholding structure of enterprises, promote enterprises to become bigger and stronger, and actively promote the development of equipment manufacturing industry in Lanzhou, Lanzhou State-owned Assets Supervision and Administration Commission actively explores various forms of state-owned capital in an orderly exit mechanism in accordance with Lanzhou Municipal Committee and Lanzhou Municipal Government to promote regulatory enterprises. The requirements for deepening reforms and accelerating the reorganization of corporate assets decided to transfer all state-owned property rights in accordance with the law and realize the complete withdrawal of state-owned capital. Li Tianliang said that the complete withdrawal of state-owned property rights will further optimize the shareholding structure of Lanzhou Machine Tool Plant and create a more favorable environment for the rapid and healthy development of enterprises. The transfer of state-owned property rights is also a successful example of exploring the orderly withdrawal mechanism of state-owned capital. After the withdrawal of state-owned capital, Lanzhou State-owned Assets Supervision and Administration Commission will continue to adhere to the concept and practice of “supporting the horse and sending a ride”, paying attention to and supporting the development of the restructured Lanzhou Xinghuo Machine Tool Co., Ltd., and promoting the enterprise to make economic and social development in Lanzhou. Greater contribution.

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