Great stripping of coal chemical industry plate
Henan Energy is a super-large state-owned energy and chemical group approved by the Henan Provincial Party Committee and the provincial government and formed after two strategic reorganizations.
As the largest industrial enterprise in Henan Province, there are 35 major chemical enterprises, 94 sets of chemical equipment and 18 kinds of products in the energy and chemical industry in Henan Province, with a production capacity of nearly100000 tons, accounting for three quarters of the chemical industry in Henan Province. In 20 19, Henan Energy ranked 7th among the top 500 petrochemical enterprises in China and 2nd among non-central enterprises.
The divestiture of the chemical sector is as follows: The equity of Chemical New Materials Company was divided into four companies with 25%, which were divested to Hebi Municipal Government, yongcheng city Municipal Government, Puyang Municipal Government and Henan Equipment Investment Group. This means that the operating data of chemical enterprises will be removed from the balance sheet of Henan Energy.
According to reports, after the divestiture of the chemical sector, Henan Energy is expected to increase its annual profit by more than 3 billion yuan and reduce its asset-liability ratio by 1.7 percentage points.
Coal and chemical industry are the two main businesses of Henan Energy, but for a long time, the chemical sector has generated billions of losses every year, which has seriously dragged down the performance of Henan Energy. It is understood that the profit of Henan energy coal chemical business is based on the oil price of 50 USD/barrel. From the perspective of the world energy pattern, the development of new energy and the fall of oil prices have caused the profit base of coal chemical products to collapse.
The person in charge of Henan Energy said that the original intention of Henan Energy to launch the chemical sector was to realize diversified commercial value. However, because the main products are basic chemical raw materials such as methanol, 40% of chemicals are linked to real estate, such as paint, doors and windows, furniture and so on. Influenced by the real estate market. Secondly, when Henan Energy entered the market, the supply of basic chemical raw materials exceeded demand, and with the continuous layout of enterprises, even if the price war was beaten, it could not make up for the losses caused by this market environment.
As one of the main businesses, the chemical sector accounts for half of Henan's energy. In fact, these chemical enterprises are not "bad assets" in the traditional sense. Many enterprises are in the forefront in R&D capability and industry position, and the reason for their losses is only affected by market prices.
The effect of chemical stripping was obvious, and 75 businesses unrelated to the main business were also disposed of.
It can be seen that in order to achieve healthy operation through reform, Henan Energy does not hesitate to cut meat and slim down. Moreover, the effect of this kind of meat cutting and slimming is also obvious.
Specifically, in September, Henan Energy earned 220 million yuan, with a cumulative profit of 472 million yuan, a year-on-year increase of 339 million yuan, a three-fold increase, and its profitability was greatly improved.
In addition, at the end of September, Henan's energy asset-liability ratio was 8 1.55%, down 1.72 percentage points from last month. Return on total assets was 2.55%, up 0.5 percentage points from the previous month. After the divestiture of chemical assets, the quality of enterprise assets has steadily improved.
After the divestiture of chemical assets, with the steady improvement of Henan's energy profitability, asset quality and financial situation, the ability to maintain corporate reputation, guarantee basic livelihood and external financing will be significantly improved, and the corporate image will be gradually restored, which will create a better development environment and greater development space for enterprises. This is an obvious fact.
According to reports, there are currently 75 projects that have been eliminated, including coal chemical industry and equipment. Among them, the first batch of 36 projects and the second batch of 39 projects have been accelerated for disposal and revitalization. At present, seven projects have been completed with a capital of 3.52 billion yuan, and the rest are in progress. It is estimated that 9.3 billion yuan will be withdrawn before the end of the year, and 7 billion yuan will be withdrawn after all the disposal, so as to truly realize slimming, fitness, light travel and layout optimization.
In addition, Henan Energy vigorously implemented the reform of mixed ownership. In accordance with the principle of "three reasons, three suitability and three noes", the mixed reform task of 10 pilot units will be completed in an all-round way through mergers and acquisitions, employee stock ownership and listing of the New Third Board, and the enterprise system and mechanism will be reformed and innovated to fully stimulate the enthusiasm and vitality of employees. Up to now, the proportion of mixed ownership enterprises in the Group has reached 67.5%.
According to reports, Henan Energy's "one enterprise, one policy" has formulated and implemented a three-year plan to turn losses around, strengthened incentives and constraints, and strictly implemented rewards and punishments, forming a pressure transmission of "everyone has a responsibility and every post has a goal". By the end of September, 19 units in the group had turned losses into losses, with a cumulative loss reduction of165438+200 million yuan, showing a double decline in amount and loss.
654.38+05 billion yuan was injected through various ways, including 654.38+00 billion yuan in cash.
In fact, unlike the chemical business, another major business of Henan Energy, coal, has a considerable performance in 2020. According to reports, from June 5438 to September this year, Henan Energy achieved a coal output of 56.87 million tons, realized an operating income of13.65 million yuan and a total profit of 470 million yuan, a substantial increase year-on-year. Especially since the third quarter, production and sales have been booming, with a profit of 220 million yuan in September. It is estimated that the Group will realize a profit of 654.38+0.2 billion yuan for the whole year.
At present, with the start of a new round of three-year reform of state-owned enterprises and the promotion of world-class management, Henan's energy reform has encountered new opportunities.
The relevant person in charge of Henan Energy said that the capital injection of nearly 654.38+05 billion yuan is in place, and it is expected that the asset-liability ratio of Henan Energy and Chemical Industry Group will be reduced by more than 3 percentage points, which will greatly enhance the development strength and solvency of the enterprise, optimize the asset-liability structure, and lay a solid foundation for the implementation of the 14 th Five-Year Plan.
It can be said that the "broken arm plan" and "capital increase action" in this comprehensive deepening reform, on the one hand, dragged down the cutting of Henan energy, on the other hand, injected new blood into re-creating glory.
Learn from Zheng coal machine and implement the reform of tenure system and contract system internally.
While divesting the chemical industry and focusing on its main business, Henan Energy is undergoing drastic internal reforms. It is reported that the first step is to carry out the special governance of "headquarters institutionalization and team administration" and fully implement the tenure system and contract system in the reform of the employment mechanism.
"Can't be more and more like an organ, efficiency obviously has a problem. In the future, a dispatch meeting will be held every month, with a maximum of 60 tasks. " The person in charge of Henan Energy said that one of the core reforms is decentralization, such as intra-group data. In the future, intelligent management will be adopted to directly search the existing data in the system to avoid many inconveniences. By building the "brain" of the group company and the "cerebellum" of the subordinate secondary units, the service and efficiency will be improved.
"The title of the position is completely market-oriented. In the past, the head of the department was called a minister, but now only the members of the party group retain the titles of' minister and deputy minister', and the titles of other positions are changed to' general manager, deputy general manager, senior manager, manager and deputy manager', which makes it clear that everyone is doing business and does not emphasize the administrative level. " The person in charge said.
According to reports, more than 1.400 people in Henan Energy and Chemical Industry Group have implemented the contract system and signed employment agreements and performance contracts with enterprises. The management of the Group has reached 265,438+06 people, and the proportion of members of Liumei Company has reached 65,438+000%.
Life-long contract management is not mysterious. Generally speaking, it can be understood as-for example, the term of office of the department manager is three years, and then the competition is held after three years. This system breaks the disadvantages of seniority and realizes the position based on performance ability. People who have no acting skills will be replaced by others.
For example, in the coal business, on June 27th, 10, Henan Energy launched the first batch of 10 measures to deepen the reform in the coal field. In terms of decentralization of cadres' management power, the party organization of the Group Energy Management Company is responsible for the filing of full-time managers in coal mines, and all other managers are delegated to coal companies. Coal companies carry out competitive appointment system, contract system, tenure system, post salary system and bottom elimination system for the production and operation of mining teams and middle managers.
The effect of the reform has already appeared. According to reports, after six coal mines, such as Yimei Xinyi Mine and Coking Coal Guhanshan Mine, implemented the tenure system and contracted operation, coal output and other indicators increased substantially year-on-year, and five of them reduced losses, 1 realized profits. "Double Hundred Enterprises" Sanmenxia Yu Bingxuan Wheel Hub and other eight units have completed the market-oriented selection of professional managers.
After the arm is broken, the arm of the "health care industry" will be connected in the future.
In fact, the social benefits of Henan Energy are far greater than the economic benefits, with 6.5438+0.7 million employees, including their families, involving more than 6.5438+0 million people. In addition, Henan Energy has 20,000 upstream and downstream customers and businesses, and the company's recruitment task this year is 2,700. It can be said that the development of energy in Henan directly affects the regional economy.
Therefore, it has a great influence on the future development of Henan energy. It is reported that this deepening reform invited the world's top accounting firm-PricewaterhouseCoopers, which means that this reform of Henan Energy is not only for survival, but for a better life.
A person in charge of Henan Energy relayed PwC's view that in the medium and long term, Henan Energy is a very good enterprise, but it needs to work hard on industrial adjustment in the past year or two.
Henan Business Daily learned that Henan Energy is planning to enter Yang Kang industry. During the Tenth Five-Year Plan period, Henan Energy will optimize its industrial structure, promote transformation and upgrading, cultivate and expand emerging industries, and turn Henan Energy into a world-class enterprise with global competitiveness. Health care industry is one of them.
It is striking that Henan Pharmaceutical and Health Industry Group Co., Ltd. was registered on September 22nd with a registered capital of 750 million yuan. The registered address is Eighth Street, Zhengzhou Economic Development Zone, and its business scope is hospital management. Medical services; Old-age service; Health consultation service (excluding diagnosis and treatment service); Production and operation of medical devices of Class I, Class II and Class III; General goods storage services (excluding dangerous chemicals and other items that need permission and approval), etc.
According to reports, the group will cultivate and develop a life-cycle health industry, making it a new economic growth point for Henan's energy transformation and development, and strive to achieve an increase of 5 billion yuan by the end of the 14 th Five-Year Plan.
In the future, we will optimize the industrial structure and do a good job in these areas.
In terms of energy industry, Henan Energy will gradually reduce high-cost and high-risk mines in the province, increase the proportion of high-quality resources outside Shaanxi, Mongolia and Xinjiang, enhance the development potential of enterprises, and fully promote the high-quality development of energy industry with the direction of "optimizing the province and expanding the province".
Henan Energy strives to reduce the province's coal production capacity to 53 million tons by the end of the 14th Five-Year Plan, maintain the output of 40 million tons, internally transform100000 tons, and reduce the number of employees by 40000. It is estimated that the annual labor cost can be reduced by1500 million yuan. Outside the province, the coal production capacity reached 50 million tons, the coal electrification reached160,000 tons, the new income was 10 billion yuan, and the profit was 3 billion yuan.
Liu Yinzhi, Party Secretary and Chairman of Henan Energy and Chemical Industry Group, recently publicly stated that the overall operation of Henan Energy and Chemical Industry Group was good in 20 19, and the asset-liability ratio declined. In the next step, Henan Energy and Chemical Industry Group will reduce the burden on enterprises and promote the high-quality development of energy in Henan by deepening reform, preventing and controlling risks and improving efficiency.
(Henan Business Daily Editor Shi Shang Jing Xiong Wen Zi Wu Bing)