Case Overview: Puyang State-owned Capital Operation Group Co., Ltd (‘Puyang State-owned Capital Operation Group’) formed an aggregated supply chain trading revenue by integrating grain sales, water sales revenue, heat supply revenue, as well as part of the BPA sales, corn cob sales, salt sales and housing sales to reduce the proportion of revenue from urban construction and the proportion of financial subsidies to net profit. share of net profit financial subsidies.
Investment Purpose: By creating a new model of supply chain finance, Puyang State-owned Assets Operation Group relies on the information on supply and marketing, production and logistics formed by the transactions between industrial brains and enterprises to reduce the proportion of urban construction-type revenues in the total revenues, and steadily increase the total proportion of merchandise sales revenues.
Investment Mode: Puyang State-owned Assets Operation Group gives full play to the advantages of state-owned enterprises, makes effective use of capital operation to revitalise the stock of state-owned assets, establishes sales companies for grain, all kinds of public utilities, salt industry, etc., actively explores and practises the market-oriented operation mode, and constantly introduces external high-quality resources to expand its own business segments, and promotes the reasonable flow of state-owned assets and value preservation and appreciation.
Investment effect: Puyang State-owned Assets Operation Group, through optimising and adjusting the business structure, innovating the investment and financing mode, playing the role of the main body of investment and financing, and promoting the industrial transformation and upgrading and the construction of major projects, has greatly reduced the proportion of revenue from urban construction category to less than 30%, increased the proportion of revenue from the sale of commodities to more than 40%, and realised the development of integration of resources and assets, with a better and steadily rising profitability.