B[State-owned Assets Supervision and Administration Commission of the State Council: Vigorously promote the reform of state-owned assets and state-owned enterprises and make solid efforts to further deepen the reform of state-owned assets and state-owned enterprises] On October 25, the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council held a collective study meeting of the theoretical learning center group on the 23rd. The meeting emphasized the need to closely integrate the responsibilities and missions of state-owned central enterprises and implement key tasks on the Long March in the new era. It is necessary to accelerate the realization of high-quality development, completely, accurately and comprehensively implement the new development concept, continue to optimize the layout of the state-owned economy, strengthen research on key core technologies, effectively enhance core functions, enhance core competitiveness, and better play the strategic support role of the state-owned economy; vigorously promote the reform of state-owned assets and state-owned enterprises, make solid efforts to further deepen the implementation of the reform of state-owned assets and state-owned enterprises, and truly break down the institutional barriers that affect the high-quality development of enterprises. obstacles; vigorously improve regulatory efficiency, deepen the transformation of regulatory methods, accelerate penetrating supervision, improve the system of laws and regulations for state-owned assets supervision, promote the coordination of various types of supervision, and continue to improve the level of professionalization, systematization, legalization, and efficiency of supervision; adhere to the overall leadership of the party, promote the deep integration of party building and business, persist in promoting comprehensive and strict party governance, and ensure high-quality development with the guidance of high-quality party building. B[Two-way flow of controlling rights, intensive innovation in transaction structure, integration of listed state-owned enterprises plays a new chapter of "central land harmony"] October 13th, the first year of the "15th Five-Year Plan", "central land harmony" has become a new trend in the asset integration of state-owned enterprises. In 2026, there have been six groups of integration cases of listed companies of central and local state-owned enterprises, covering the acquisition of listed companies by local state-owned enterprises, local state-owned enterprises taking over the controlling stake of listed companies controlled by central enterprises, reverse investment of local state-owned enterprises in central enterprises, and strategic marriages of "assets for equity" that do not involve changes in control rights. The diversity and innovation of transaction structures are beyond the past. Behind this trend is a new round of state-owned assets and state-owned enterprise reforms with differentiated institutional arrangements based on hierarchical classification and enterprise-specific conditions. Space is left at the institutional level and greater autonomy is given at the execution level. When it comes to the choice of asset integration methods for state-controlled listed companies, they no longer only have a few options such as agreement transfer or free transfer. (Shanghai Securities News) B[Cheng Fubo, Director of the State-owned Assets Supervision and Administration Commission of the State Council, visited CRRC Group for investigation and emphasis] On September 14, according to the website of the State-owned Assets Supervision and Administration Commission, on September 10, Cheng Fubo, Director of the State-owned Assets Supervision and Administration Commission of the State Council, visited CRRC Group to investigate corporate technological innovation, reform and development, and party building work. Cheng Fubo emphasized that it is necessary to accelerate the promotion of high-quality development, focus on solving the fundamental and deep-seated problems that restrict the development of enterprises, cultivate emerging industries according to local conditions, and make unremitting efforts to prevent and resolve major risks and hidden dangers and work on safe production. It is necessary to focus on the implementation of a new round of state-owned assets and state-owned enterprise reforms, focus on enhancing core functions and enhancing core competitiveness, accelerate the improvement of modern enterprise systems with Chinese characteristics, improve market-oriented operating mechanisms, focus on penetrating supervision, and optimize the enterprise management and control system.
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