On February 28th, Shandong Provincial Expressway Group on behalf of 35 Shandong provincial management enterprises issued a proposal to strengthen the safety production work to the province's enterprises. The reporter noted that this is the first time that Shandong has disclosed that the number of Shandong provincial enterprises has been adjusted to 35, after this number was 21.
The provincial management enterprise generally refers to the enterprise that the provincial state-owned assets committee performs the duties of the investor on behalf of the provincial government. When there were a large number, there were 66 provincial enterprises in Shandong. In 2013, the number of provincial management enterprises dropped to 23. In recent years, with the occurrence of adjustments by China National Heavy Duty Truck Group to the head of Jinan SASAC, the number of enterprises in Shandong Province has dropped to 21 again.
This time, the list of 35 provincial management enterprises announced by Shandong is: Shandong Luxin Investment Holding Group Co., Ltd., Yankuang Group Co., Ltd., Shandong Iron and Steel Group Co., Ltd., Shandong Energy Group Co., Ltd., Hualu Holding Group Co., Ltd., Shandong Gold Group Co., Ltd., Shandong Commercial Group Co., Ltd., Shandong Expressway Group Co., Ltd., Shandong Airport Co., Ltd., Shandong Finance Investment Group Co., Ltd., Qilu Transportation Development Group Co., Ltd., Shandong State-owned Assets Investment Holdings Co., Ltd., Shandong Province Land Reserve Development Group Co., Ltd., Shandong Development Investment Holding Group Co., Ltd., Shandong Transportation Industry Group Holdings Co., Ltd., Shandong Heavy Industry Group Co., Ltd., Shandong Salt Industry Group Co., Ltd., Shenzhen Donghua Industrial (Group) Co., Ltd., Shanghai Shandong Qilu Industry (Group) Co., Ltd., Shandong Provincial Transportation Group Co., Ltd., Shandong Luhua Energy Group Co., Ltd.; Zhongtai Securities Co., Ltd., Taishan Property Insurance Co., Ltd., Shandong Ocean Investment Co., Ltd., Cathay Pacific Leasing Company, Jiqing High-speed Railway Co., Ltd., Shandong Guohui Investment Co., Ltd., Shandong Property Rights Exchange Center Co., Ltd., Shandong Province Re-guarantee Group Co., Ltd., Dehua Angu Life Insurance Co., Ltd., Qilu Equity Exchange Center Co., Ltd., Shandong Airlines Group Co., Ltd., Shandong Rural Credit Cooperatives Union, Shandong Grain and Oil Group Corporation, Shandong Economic Development Corporation.
The reporter found that the increase in the number of enterprises in Shandong Province was mainly in recent years, especially in 2015 and 2016, a new batch of enterprises funded by the Shandong Provincial Government, including the development of land reserves in Shandong Province. Group Co., Ltd., Qilu Transportation Development Group Co., Ltd., Jiqing High-speed Railway Co., Ltd., etc. Cathay Pacific Leasing Co., Ltd. and other enterprises have been upgraded to provincial-administered enterprises by provincial-owned enterprises, and have also entered the list of 35. Among other changes in the list of 35 companies, Shandong Economic Development Investment Co., Ltd. changed its name to Shandong Financial Investment Group Co., Ltd., and Qilu Securities Co., Ltd. changed its name to Zhongtai Securities Co., Ltd.
(Source: Volkswagen Daily)
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