The reform and development of State-owned Guiyang Industry Holding Group in Guiyang, Southwest China's Guizhou province, achieved record-high results.
At the 2023 annual work meeting held by Guiyang Industry Holding Group, it was announced that last year, the group achieved an operating revenue of 32.6 billion yuan ($4.71 billion), up 22.57 percent year on year. In addition, the preservation and appreciation rate of its State-owned capital reached 108 percent, up 5 percentage points from last year.
Among the companies under the umbrella of the group, Guiyang Industrial Investment Co, Guizhou Sun Property Rights Exchange Co, and Guiyang Mineral Energy Investment Group Co have also developed steadily and achieved good results in revenue.
This year, Guiyang Industrial Holding Group will further optimize its enterprise development strategy and adjust its State-owned capital operation model to "industrial investment bank + capital operation".
The relevant person in charge of Guiyang Industry Control Group said that the group will continue to strive to achieve an annual operating revenue of 36.6 billion yuan this year. The group has also planned to invest in 208 projects in order to contribute to the strength of State-owned enterprises. This will have the additional effect of "strong provincial capital" in Guiyang.
At the meeting, the group signed the 2023 performance appraisal target responsibility letter with four enterprises, including Guiyang Water Group, and the 2023 safety production target responsibility letter with four enterprises, including Guizhou Jiangjiu Group.