Anhui state owned capital operation Holding Group Co., Ltd. (hereinafter referred to as "Anhui state owned assets holding group") was formerly Anhui State-owned Assets Operation Co., Ltd., which was established in 1999. In February 2018, it was determined as a pilot enterprise of provincial state-owned capital operation company reform in the 14th meeting of the provincial Party committee's deep restructuring. It was officially reorganized and established in August 2018, with a registered capital of 10 billion yuan.
According to the decision-making and deployment of the provincial Party committee and the provincial government, the group mainly undertakes three strategic tasks: the operation and disposal of state-owned assets, the management of state-owned equity, and the investment and financing of state-owned capital; it is responsible for the operation and management of state-owned equity transferred from social security fund in our province; through the fund platform, it gathers and guides social capital into the key industries of state-owned assets layout adjustment, and promotes the transformation, upgrading and innovation of provincial enterprises development. After the state-owned enterprises are closed down, they are entrusted with the work of the provincial board of directors and external security services.
At present, the group has nine wholly-owned subsidiaries, including Anhui guokong asset management company, Anhui guokong (Hong Kong) Company and provincial hydropower company. It holds shares in Hua'an securities, provincial national reform fund, anzhen group, provincial property rights trading center, and Provincial Architectural Design Institute. It also shares in more than 20 enterprises such as Hefei National University Science and technology park. It has invested and managed 20 billion provincial enterprise reform and development fund and 5 billion provincial science and technology achievement transformation guidance fund, and established Yangtze River Delta industrial innovation equity investment fund, Anhua fund, Anyuan investment fund, etc.
The head office of the group has nine functional departments (Office of the Party committee, office of the board of directors and general manager), capital operation and equity management department, asset management department, development and reform department, financial management department, audit and legal risk control department, Party Mass Work Department (Corporate Culture Department), human resources department (external director and chief accountant work department), and discipline inspection and supervision office. By the end of 2019, the total assets of the group were RMB 29.042 billion and the total owner's equity was RMB 10.033 billion; in 2019, the total operating revenue was RMB 8.151 billion and the total profit was RMB 925 million.
New starting point, new mission and new responsibility. In accordance with the deployment requirements of the provincial Party committee, the provincial government and the provincial SASAC, the group will implement the overall requirements of "trying out new mechanisms, testing new vitality, and trying to develop new development", solidly promote the pilot work of state-owned capital operating companies, and strive to basically build a state-owned capital operation platform with standardized governance, scientific system, professional operation, strong management and control, and strong competitiveness by 2020, so as to better serve the state-owned economy of our province Economic layout optimization and reform and development of provincial enterprises.