How to reshape the Taizhou model

Source: Internet
Author: User
Keywords Zhejiang Merchants shareholding structure Taizhou equity restructuring internal constraints
Tags clear corporate governance corporate governance structure creativity development economic economic development economy
Taizhou Private economy comprehensive reform idea gradually clear: through consummates the corporate governance structure, the internal restriction and so on, enhances the enterprise to the crisis the resistance, namely is reshaping "the Taizhou model" the way. This newspaper reporter Jin Shaoze how to arouse the creativity of private enterprises, which becomes the biggest perplexity in the development of civilian economy.  This is driven by private enterprises to promote economic development, has more than 30 years of high-speed progress experience, but now have to ponder this proposition. Taizhou went ahead again. 1982, Taizhou was born the first joint-stock cooperative enterprise-Taizhou Baoli Shoes Co., Ltd., 27 years later, the attempt to reform the Enterprise property right here again. The difference is that today's Taizhou, for private enterprises, the structure of property rights, organizational structure, is to promote the reform of enterprise system.  The different background is that 27 years ago, Taizhou state-owned enterprises accounted for more than 90%, and now the private economy accounted for 98%. "Knife" equity structure in the weak economic data on the back, showing the composition of the Taizhou economy of the cell-private enterprises weak. Taizhou to revive the economy's first scalpel, nature extended to the family business as the main body of the private economy.  Previous monographic studies in Taizhou show that 79.2% of private companies are actually investing in individuals or families. In fact, in other parts of Zhejiang province has also promoted the reform of enterprise property rights system, but did not like Taizhou explicitly proposed "equity restructuring."  Reform has been brewing since 2006, but it was the financial crisis that began in 2008 that really made the Taizhou government decide to move forward. The private enterprises in Taizhou, a relatively single shareholding structure, are much more affected by the financial crisis than the shareholding companies with diversified shareholding structure.  Taizhou City Commission director Zhang Ruimin for example, the reorganization before the leap, the equity concentration in a person's hands, leading to a single, decision-making risk difficult to control, enterprises are prone to problems.  With the collection of views, Taizhou private economy comprehensive reform ideas gradually clear: through the improvement of corporate governance structure, internal constraints, to improve the resistance of enterprises to the crisis, that is, to reshape the "Taizhou model" of the road. July 28, 2009, the Taizhou Municipal party committee issued "on the acceleration of private economic innovation and development of the comprehensive reform of the decision", the property rights system, industrial cluster, factor market construction, such as the reform and construction of Taizhou this round of the three level of focus. Wu Nanhai, director of the Economic center of Taizhou Municipal party Policy Research office, told Zhejiang Merchants, "the most important point of the private economy reform is property right reformation." "Brewing five-capital linkage" new pattern for private enterprise "equity restructuring" quickly spread, in the Taizhou Government enterprises listed office, Deputy Director Jushun is in the synthesis of various views of the drafting document.  The paper, entitled "Implementing opinions on further deepening the reform of the property rights system of private enterprises" (draft), said that the "equity restructuring" would be promoted through the restructuring of shares, the clarification of internal property rights, the promotion of employee shareholding, the introduction of strategic investors, and the promotion of corporate mergers and acquisitions. In Jushun's computer, there are still two lists: a list of the hundreds of private enterprises involved in restructuring the three-year plan and the inclusion of this yearList of 24 businesses of the work plan. Masung told the "Zhejiang merchants" reporter, including sales of 500 million-1 billion yuan or more 100 private enterprises, the government plans 2009, 2010, 20,113 years, to help them complete the equity restructuring. "24 were completed during the year, with the aim of achieving the share structure standard of listed companies." "According to the Taizhou government's plan, to make Taizhou three new 10 companies listed."  It is revealed that at present Taizhou has 13 listed companies, and 5 companies are audited by the SFC, plans in the SME market. "We hope to be able to introduce a variety of capital such as state-owned and foreign capitals, enrich the economic structure of Taizhou, and the most important thing is to promote the separation of property rights and management rights of these enterprises." Taizhou hopes to build a new pattern of "five-capital linkage" between China, foreign capital, state-owned capital, Equity (stock market funds) and silver (bank funds). "Zhang Ruimin said.
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