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Yunnan Investment Group 2021 Annual Working Meeting Was Held
Date:2021-02-09

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Yunnan Investment Group 2021 Annual Working Meeting was held on February 7. At the meeting, we reviewed the Groups work during the 13th Five-Year Plan period, especially the period of 2020, and then made arrangements for the missions in 2021 and the 14th Five-Year Plan period. Qiu Lujun, Secretary of the CPC Yunnan Investment Group Committee and Chairman attended the meeting and made a speech. Zuo Guang, Deputy Secretary of the CPC Yunnan Investment Group Committee, Deputy Chairman and President, delivered the annual work report of 2021.

 

 

 

The contents of the meeting are as follows: Top 10News of Yunnan Investment Group in 2020 are listed; Progress reports of eightspecial projects, including the 2020Annual Investment and Major Project Development Report, were presented; theannual comprehensive assessment results of Cloud Investment Group in 2020 werenotified; the units, collectives and individuals that obtained"excellent" in the assessment were commended, and the 2021 Annual Target Responsibility Letterwas signed.

 

In the conclusion speech, Qiu Lujun reviewed theachievements of Yunnan Investment Group during the 13th Five-Year Plan period,and made clear the development path, goals and tasks during the 14th Five-yearPlan period as well as the key work of this year: With the goal of being one ofthe worlds top 500 companies, the Group should adhere to its developmentstrategy of building a regional, comprehensive and first-class investment andoperation enterprise through high-quality development; The Group should becommitted to becoming a comprehensive state-owned capital investment andoperation company world-renowned and leading in China; The Group should enhanceits core competitiveness and influence, this is to say, by developing platformson government investment and financing, resource integration and industrialcollaborative development, improve its investment and financing attraction,capital operation, industry incubation and control; The Group shouldconsolidate its four pillars: capital operation, leadership, innovation,management and empowerment; The group should gradually concentrate its businesson five major sectors: entrusted shareholding, public welfare, industrialinvestment, financial investment and asset management;

 

YunnanInvestment Group: the 13th Five-Year Plan Is a Perfect End, the 14th Five-yearPlan Is a Good Start

 

During the 13th Five-Year Plan period, YunnanInvestment Group has been fully implementing the decisions and arrangementsmade by the CPC Yunnan Provincial Committee, the Provincial Government and theProvincial SASAC. The Group has completed missions with outstanding results,contributing to the reform of SOEs and the high-quality development in Yunnanprovince.

 

By the end of 2020, the Group has consolidatedtotal assets over RMB 478 billion, net assets over RMB 168 billion, revenueover RMB 178 billion, and total profit over RMB 4.5 billion. During the 13thFive-Year Plan period, the Group has a total revenue over RMB 570 billion, atotal profit over RMB 12 billion, a total investment over RMB 130 billion and atotal financing over RMB 310 billion. The year 2021 is the first year of the14th Five-Year Plan. Yunnan Investment Group takes the initiative to seek newopportunities for development. In January, the Groups revenue reached a newhigh of over RMB 15 billion, up 80% year on year; The Groups total profitexceeded RMB 270 million, up 267% year on year. The Groups profit increased by119.67% in "5 +1" core business segments (Big Public Welfare, BigFinance, Big Data, Big Cultural Tourism, Big Rehabilitation and the Belt andRoad), increased by 52.96% in Big Finance, and increased by 135.94% incomprehensive businesses. The Group has achieved a good start in terms ofbusiness performance and the development of key projects, which has laid asolid foundation for the 14th Five-year Plan.

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