The establishment background of Chongqing United Property Rights Exchange

According to the spirit of the Central Committee of the Communist Party of China and the State Council on deepening the reform of state-owned enterprises and standardizing the orderly circulation of state-owned property rights, with the approval of Chongqing Municipal People's Government, Chongqing United Property Rights Exchange Co., Ltd. (referred to as the Exchange) was established on March 19, 2004, and Chongqing State-owned Assets Property Rights Trading Center (referred to as the trading center and institution) was established at the same time. The exchange and trading center are integrated, and the trading center uses the trading platform of the exchange to conduct state-owned property rights transactions; Chongqing SASAC designated the only state-owned property rights trading platform in Chongqing.

Since the establishment of the trading center, with the purpose of being responsible for state-owned assets, trading parties, shareholders, members and internal employees, it has earnestly performed its duties and done a lot of fruitful work. Start with "standard, good mechanism; Policy business, the largest in the country; The real right transaction has achieved remarkable results; The market system is sound and perfect; Information system has unique advantages; Six characteristics, such as building a clean government and fruitful results, have been praised by industry experts and public opinion circles as the "Chongqing model" of property rights transactions. Now it has become an important part of Chongqing's capital factor market, which has played a positive role in Chongqing's reform, opening up and modernization.

As an old industrial base, Chongqing has a large stock of state-owned assets (about 1.2 trillion, including about 600 billion operating assets and about 600 billion non-operating assets) and great liquidity. In order to better prevent the loss of state-owned assets and ensure the preservation and appreciation of state-owned assets, according to the provisions of Order No.3 issued by the State-owned Assets Supervision and Administration Commission of the State Council and the Ministry of Finance, the Chongqing Municipal Government issued documents such as Yu Fu Ling 167 in April 2004, and the Chongqing Stock Exchange came into being, with two brands, namely "Chongqing State-owned Assets Property Rights Trading Center" and "Chongqing Technology Property Rights Trading Center", as the only state-owned property rights transactions and transactions in Chongqing designated by the State-owned Assets Supervision and Administration Commission of Chongqing.