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In order to implement the suggestions of the State Council State-owned Assets Supervision and Administration Commission and Putian, China on establishing and perfecting a modern enterprise system that meets the requirements of socialist market economy, implement the strategic deployment of Putian, China, and realize the strategic transformation of Beijing industrial enterprises, Putian Shouxin Communication Equipment Factory (Group) (hereinafter referred to as Shouxin Group) was changed from a state-owned enterprise to a limited liability company and renamed as "Putian Kechuang Industrial Co., Ltd.". Since the end of 2008, the management of Capital Group has conducted extensive discussions and in-depth studies on its own strategic transformation, system transformation and scientific development, and put forward a constructive plan for the adjustment and reorganization of Beijing's industrial structure. After more than half a year's brewing, Beijing's industrial restructuring plan has gradually matured and was approved by China Putian in June this year. After the collective democratic discussion of the workers' congress of Shouxin Group, the workers' congress agreed that the enterprise should be transformed from the ownership by the whole people into a one-person limited liability company, adopted the restructuring plan of Shouxin Group, and elected the employee supervisors of the new company after the restructuring. With the close cooperation of relevant responsible departments, the evaluation, filing, enterprise name approval and industrial and commercial registration of the restructuring are carried out in an orderly and compact manner. On September 6th, 2009, with the approval of Beijing Municipal Administration of Industry and Commerce, Shouxin Group was registered as a limited liability company with sole legal ownership and renamed as Putian Kechuang Industrial Co., Ltd.. From a legal point of view, this marks the transformation of Shouxin Group from an enterprise owned by the whole people to a limited liability company, and the organizational form of the enterprise has undergone a qualitative change. After the restructuring, Putian Kechuang Industrial Co., Ltd. operated in accordance with the requirements of the Company Law and corporate governance structure, and established and improved relevant systems; However, the nature of the state-owned economy of the enterprise remains unchanged, and it is still a state-owned holding company with 100% equity held by China Putian Information Industry Group Corporation. This historic and key change of Shouxin Group has great strategic and practical significance under the background of today's times. Putian Kechuang will further explore the business model suitable for its own development, improve various management systems, accelerate strategic transformation, actively build a distinctive corporate culture, and strive for the common development of the industry and employees.