Key words: Top 500 Buildings in China, Top 500 Buildings in China in Gezhouba.
Nowadays, China Gezhouba Group Co., Ltd. has rapidly developed from a cash-strapped enterprise into a large group with total assets of nearly 50 billion yuan, which has fundamentally eliminated many disadvantages derived from "big group and small shares". The group joint-stock company has standardized operation, stable operation and good performance, which has been highly recognized by investors. The "Gezhouba model" in which the main assets of central enterprises are listed as a whole shows the wisdom of Gezhouba people and embodies their courage, which has been widely praised by the industry.
Gezhouba always regards product quality as its life, takes brand, standard, reputation, service and benefit as its core, and builds a first-class brand with first-class quality.
20 10, Gezhouba was selected as one of the top 500 buildings in China.
This is the sixth consecutive time that China Construction Enterprise Federation has conducted a comprehensive, scientific and independent investigation, research, publicity and release on the strength development of enterprises in China. This year, we collected data from more than 2000 China construction enterprises in Chinese mainland/KLOC-0 with a total profit of 30 million yuan to 9 billion yuan, ranked the candidate enterprises according to the sales revenue, total assets, total profit, credit rating, social contribution, owner satisfaction and other indicators, and conducted on-the-spot investigation on some candidate enterprises, from which 500 China Top 500 enterprises were selected.
First, the investment industry has stepped out of the broad road of strengthening enterprises and enriching the people.
The investment and development of Gezhouba Group, one of the top 500 buildings in China, can be traced back to the late 1980s. After more than 20 years of hard work, it has embarked on a development path from small to large, from weak to strong, and from auxiliary to main. It can be roughly divided into three stages:
The first stage is the initial exploration period, from the completion of 1986 Gezhouba project, the group went to the market, and the Gezhouba shares were restructured and listed from 1997.
The investment industry in this period has the characteristics of "wide coverage, small quantity and large stalls" A wide range refers to a wide range of investment fields and industries, attacking from all sides; Small amount refers to the small amount of a single investment project and the lack of scale advantage; Food stalls are large entities of all units and departments, blooming everywhere. At that time, due to the completion of Gezhouba project, enterprises had no work to do and a large number of workers were unemployed. The enterprising Gezhouba people began to find their own way out, enter the market and find their own jobs. 1992, the enterprise formally put forward the "22 1" industrial strategy (20,000 people are engaged in construction, 20,000 people are engaged in industry, and 1 10,000 people are engaged in the tertiary industry), and a large number of surplus employees are transferred to industry and tertiary industry to find new development space. During this period, Gezhouba first realized the importance of investment in the same industry and made a bold attempt in transferring jobs and re-employment. In the difficult period, a large number of redundant personnel were placed, which promoted the stability of the enterprise, accumulated experience for the subsequent development of the group's investment industry and trained talents.
The second stage is the normative development period, from 1997 Gezhouba share reform to listing to the establishment of China Gezhouba Group Company at the end of 2002.
The characteristics of the investment industry at this stage are: the project scale is obviously improved, the relationship with the main business is closer, the sources of funds are more extensive, the management level is gradually improved, and economic benefits are beginning to appear. The independent investment activities of subsidiaries are basically prohibited, which completely reverses the previous situation of "indiscriminate investment, indiscriminate loans and indiscriminate guarantees". At the same time, the funds raised from the listing have invested in a number of key projects, such as Yu Tao, Transitional Bay Hydropower Station, Xiang Jing Expressway, and No.3 cellar of cement plant, with emphasis on infrastructure. During this period, the main business position of investment business has not been firmly established, and the overall focus of the group is still on the traditional main business of construction contracting. Relatively speaking, investment and development are not paid enough attention and investment is insufficient; The awareness and ability to seize resources are still not strong; Investment management is not detailed enough, and there is no perfect whole-process investment management system and mechanism.
The third stage is the all-round development period, from 2003 when the group company was brought into SASAC management to now.
The characteristics of the investment industry in this period are as follows: Gezhouba Group's position as the main investment industry was formally established, the investment development entered the fast lane, the investment pattern was basically formed, the investment management system was gradually improved, and the scale and benefit of the investment industry were more prominent. SASAC formally established three main businesses of the Group: construction industry, real estate development and management, and hydropower investment and management. Marked by the convening of the first Party Congress in 2004, the Group clearly put forward the development idea of "paying equal attention to investment developers from a single contractor" and other "three major changes", and gradually formed a pattern in which several major sectors such as expressway, hydropower, real estate, civil explosion, cement and finance go hand in hand. The investment industry has entered the fast lane of benign development in an all-round way, and "investment development" has penetrated into the hearts of all Gezhouba people.
Second, the investment industry promotes the leap-forward development of the Group.
In 2004, the first party congress of Gezhouba Group put forward the strategic goal of building a "management-oriented, modern, diversified and international" enterprise group, and took the development of investment industry as an important measure to transform the company, start a second business and realize the goal of "becoming stronger, better and bigger". Since then, the pace of investment and industrial development has obviously accelerated, and the fields have become increasingly diversified, and the intensity has increased year by year. From 2004 to 2009, the actual annual investment of the Group increased year by year, with a cumulative investment of 27.27 billion yuan in six years, with an average annual growth rate of nearly 30%. Among them, the total investment in the three years from 2007 to 2009 reached 21.200 million yuan. The rapid development of the investment industry has added a strong impetus to the rapid development of the Group:
First, the position of Gezhouba Group in central enterprises has been enhanced. According to the operation of state-owned assets of central enterprises in 2008, among the 1 18 central enterprises included in the assessment, there are 68 group companies with operating income and 53 total profits. At the end of the year, there were 77 state-owned assets, which were just included in SASAC supervision at the end of 2002.
The second is to promote the rapid expansion of assets of Gezhouba Group. At the end of 2003, the total assets of the group were only 8 billion yuan, mainly land and construction equipment. At the end of 2009, the total assets of the Group reached 43 billion yuan, with a net increase of 35 billion yuan in six years, of which the total assets formed by investment industry reached 33 billion yuan, accounting for 77% of the total assets.
The third is to promote the optimization of industrial structure. Through investment and development, while expanding and strengthening the main construction industry, the industries such as expressway, cement and civil explosion have risen rapidly, and the output value and profit formed by investment have greatly increased in the company's total output value and profit ratio, and the pattern of "three industries simultaneously" has begun to appear.
The fourth is to promote the improvement of industrial layout. The production capacity of civil explosives reached 200,000 tons, the cement production capacity reached180,000 tons, and the total mileage of expressways reached 450 kilometers, ranking among the top listed companies, basically forming a regional control pattern.
The fifth is to promote the development of the main construction industry. In the past five years, the engineering quantity of the winning investment projects contracted by the Group has exceeded10 billion yuan. By injecting capital and purchasing construction equipment, the ability of subsidiaries to enter the market independently has been greatly improved. By investing in Shanghai Han Rong Company and other enterprises, the construction market in railway and other related fields has been opened; Accumulate professional achievements in new fields and obtain a number of high-level qualifications.
Sixth, it has promoted the efficient operation of capital. Thanks to the investment in Guang Bei Expressway, Neisui Expressway and other projects, the company has completed the issuance of convertible bonds, achieving the highest exercise rate of listed companies at present. After the successful rights issue, the two projects raised 3.4 billion yuan from the capital market, which greatly improved the company's capital structure.
Third, further promote the implementation of investment and industrial strategies.
"The road is long, Xiu Yuan, Xiu Yuan, and I will go up and down." . Gezhouba Group, one of the top 500 buildings in China, has made brilliant achievements in investment and development, but it has a long way to go. At present, the contribution of the investment industry to the Group is mainly reflected in the asset scale, the contribution rate to output value and profit needs to be improved, the status of the main investment needs to be improved, overseas investment needs to be broken, and strategic resources need to be seized.
While facing up to the shortcomings, we should also see that the Group's investment industry has fully possessed the conditions and ability to further accelerate its development: ideologically, the Group has clearly defined the general strategy department for the development of investment industry, and "investment enterprises" have been deeply rooted in the hearts of the people and become the knowledge of the whole group, and the confidence and determination of the Group to vigorously develop and invest are more firm. In terms of strength, the group's operating strength, asset strength and financial strength have all undergone earth-shaking changes. In terms of resources, the Group has seized a number of strategic resources such as hydropower, coal and wind power through the implementation of Xinjiang strategy and other major measures, providing a solid material guarantee for future investment industries. In terms of experience, through years of exploration and accumulation, the Group has got rid of the previous extensive investment management model and embarked on a scientific, standardized and refined investment management track.
In the future, the Group will focus on the development of the "three main businesses" of the investment industry, strengthen the "three main businesses" and realize the "three transformations", focusing on the following tasks: unswervingly implementing the "investment industry" strategy, adhering to the main line of "transformation and transformation" and constantly innovating investment ideas and concepts; Unswervingly adjust the industrial structure, effectively improve the position of investment in the group economy, strive to seize all kinds of resources, optimize the allocation of resources, and promote the continuous optimization and upgrading of the group's industrial structure; Unswervingly promote the modernization, refinement, proceduralization, institutionalization and scientificity of investment management, and improve the ability and level of management and control in the whole process of investment; Unswervingly achieve the breakthrough of "overseas investment", focusing on hydropower, minerals and other resources, focusing on finding investment opportunities in favorable markets, actively seeking opportunities for overseas project development and mergers and acquisitions, and promoting the development of overseas investment business with overseas contracting business.
The grand blueprint has been outlined, and the beautiful vision is inspiring. We firmly believe that a new breakthrough in the Group's investment industry will surely bring about a new round of industrial upgrading and development of the Group, realize a fundamental change in the industrial structure and development mode of enterprises, and make greater contributions to "strengthening enterprises and enriching the people"!