Jiangxi Trading and Investment actively plays the role of platform，Investment, construction and operation of expressways as the main body，Make every effort to strengthen the two wings of Luyan economy and financial industry，Insist on the dual drive of reform and innovation and Party building.，Effectively solve the shortage of project construction funds、There is an imbalance between income and expenditure、Debt pressure and other issues.，Beneficial exploration of enterprise transformation and upgrading、The Road of High Quality Development

Wen | Party Secretary of Jiangxi Communications Investment Group Co., Ltd.、Chairman Xie Jianfa

Topic ：The theory of good governance |Jiangxi Jiaotong“One body, two wings, dual drive”Explore the way of transformation and upgrading

End of December 2020，Approved by Jiangxi Provincial People's Government，Jiangxi Expressway Investment Group Co., Ltd. was renamed Jiangxi Communications Investment Group Co., Ltd.（Hereinafter referred to as“Jiangxi Jiaotong”）。For three years，Jiangxi Trading and Investment actively plays the role of platform，Investment, construction and operation of expressways as the main body，Make every effort to strengthen the two wings of Luyan economy and financial industry，Insist on the dual drive of reform and innovation and Party building.，Effectively solve the shortage of project construction funds、There is an imbalance between income and expenditure、Debt pressure and other issues.，Beneficial exploration of enterprise transformation and upgrading、The Road of High Quality Development。

2020～2022，Accumulative investment in expressways completed by Jiangxi Trading and Investment Co., Ltd. 927.600 million yuan、Non-highway investment 215.500 million yuan，Promote the transportation industry to extend the chain and strengthen the chain.，Continuously optimize the industrial structure、Constructing Modern Transportation Industry System，Accelerate the transformation and upgrading of enterprises。By the end of 2022，The total assets of the group are 401.3 billion yuan.、Its net assets are 148.6 billion yuan。2022，Achieve revenue 452.300 million yuan、Maintain 10% for three consecutive years%The above growth，Total profit 39.300 million yuan、Accounting for 16% of the total number of provincial state-owned enterprises.3%，Non-fee revenue accounts for more than 60 percent%。In the comprehensive assessment of state-owned enterprises in Jiangxi Province in 2022，Jiangxi Trading ranks first in the second class of commercial enterprises.，The leading group of the group was rated as excellent.。

Strong traffic province shoulders heavy burden

Jiangxi is a big province of channels.，Link the east with the west、It runs through the north and south。As the main body of provincial expressway investment, construction and operation，Jiangxi Trading Focuses on Main Responsibilities and Main Businesses。

Make every effort to be the main force in promoting the construction of a strong transportation province。2020～2022，Six 504-km expressways have been built in Jiangxi，The mileage of expressways in Jiangxi Province has reached 6731 kilometers.。It has created Jiangxi characteristics.“Meilv Expressway”Build a brand，The Second Poyang Lake Bridge won the Luban Prize for China's Construction Project，Many projects have been awarded the Highway Traffic Quality Engineering Award.。

Make every effort to be a pioneer in serving the public for a better trip。Jiangxi Trading adheres to the orientation of public satisfaction.，The 5787 kilometers of expressways under its jurisdiction are constructed to collect tolls.、Curing、Service area、Comprehensive service system based on vehicle rescue。2022，Jiangxi expressway pavement technology ranks third in the country.，Toll station service level ranks fifth in the country.，The excellent rate of service area ranks first in the country.。

Diversified financing and strong guarantee

Investment and financing around the province's transportation“Main channel”Positioning，On the one hand，Continuous innovation of financing methods、Broaden financing channels，The interest rate of many bonds issued by central enterprises with the same maturity and variety、Local state-owned enterprises are the lowest，In the past three years, the average annual financing amount is about 100 billion yuan.，Average interest rate of new financing in 2022 2.87%。At the same time，Promote stock debt“Change short to long”“High to low”，Promote financing rearrangements，Optimize debt structure，Ease the pressure of concentrated debt repayment，Medium and long-term debt accounts for two-thirds of the stock debt.，The asset-liability ratio has been stable for a long time at 62.%Left and right。

On the other hand，Explore the innovation of project investment and financing mode。Promote the introduction at the provincial level《About deepening the highway、Some opinions on the reform of investment and financing of water transport projects》，To clarify the construction authority of expressway projects，Continue to deepen“Provincial and local co-construction”Pattern，Establish a compensation mechanism for balancing resources with local governments.，Obtain mineral resources along the highway、Gas station、Land and other resources，Feed back transportation investment with asset income；First landing in Pingxiang Ring Project“Fund subscription+Project general contracting”Pattern，Explore the adoption of Yiyang-Nanfeng Expressway ProjectBOTThe model introduces social capital.，Promote the sustainable development of project construction。

Lu Yan's economic achievements

Broad application scenarios of expressway、The flow of people and vehicles is dense，It has strong industrial derivation.、Advantages of high integration，“Traffic+”Huge space、Unlimited potential。Jiangxi Trading Co. Ltd“A highway is an economic belt.”Business philosophy，Vigorously promote the development of road resources，Constructing the ecological circle of transportation industry。2022，The economic output value of Luyan in Jiangxi has exceeded 10 billion yuan.。

Enriching the business format of service area。A total of 2.7 billion yuan has been invested in upgrading 96 service areas step by step for three years.，Integrate Ganpo culture into service area style according to local conditions，Promoting service area and characteristic commerce and trade、Integrated Energy、Logistics warehousing、Integration and development of research, culture, tourism and other industries，Build the service area into a sales platform for agricultural products with local characteristics、Public Leisure Tourism Destination，Leigongao Culture and Sports Industrial Park、Lushan West Sea、Jingdezhen service area has become a national benchmark model service area.。2022，Service area achieves revenue of 6.500 million yuan。

Actively cultivate the digital economy。Take the 5787 km expressway under its jurisdiction as the application scenario，Based on the average daily traffic data of 1.1 million vehicles，Build digital trading“139”Information architecture，Build a smart project site、Intelligent toll station、Smart service area。2022，Achieving Digital Economic Outputs 15.7.9 billion yuan。

Vigorously develop the new energy industry。Full range、Multi-type implementation of expressway toll station、Service area、Photovoltaic applications on slopes and other sites，External expansion and acquisition of two centralized fishing-photovoltaic complementary photovoltaic projects、4 wind power projects，The group's new energy installed capacity reached 230 thousand kilowatts.，Generates 4% of green electricity per year.500 million degrees，Reduce CO2 emissions1.690,000 tons。

Develop assembly manufacturing industry。In the field of highway construction，Vigorously promote the assembly construction of components such as bridges and culverts，Implementation of steel-concrete composite bridges in more than 120 bridges in more than 10 projects。Set up an assembly manufacturing company to produce and operate fabricated steel structures、Concrete components, etc，Revenue of nearly 200 million yuan in 2022。

Combination of production and finance to cultivate ecology

Jiangxi Trading through deepening the integration of industry and finance，Breed a new ecology，Enhance the economic capacity of financial service entities。Improve the efficiency of financial investment。Invested 5.1 billion yuan to establish the third financial company in Jiangxi Province，Investment 40.7 billion 900 million yuan became the largest shareholder of Jiangxi Bank and boosted the listing.，Completed the investment of RMB 12.7 billion to China Guangfa Bank、It has become the only enterprise in Jiangxi to invest in national commercial banks.；Investment in Jiangxi United Equity Exchange Center has become the largest shareholder.，Investment 1.RMB 500 million shares in Guokai Siyuan Investment Fund；Investment 44.9.5 billion yuan acquisition of Guosheng Financial Control、Guosheng Securities became its actual controller.，Realize full financial license operation。2022，The financial sector achieved revenue of 7.600 million yuan、Year-on-year growth of over 7 times，Profit contribution rate reaches 33 percent.6%。Continue to promote industrial incubation。Invest 30 million yuan to set up a private equity fund management company，Set up a 500 million yuan market-oriented equity investment fund，Make good use of the means of equity investment，Actively explore communication services、Artificial intelligence、New energy applications and equipment manufacturing industries。

Innovation-driven vitality

Reform is the key to the transformation and development of enterprises。Jiangxi Trading and Investment Co., Ltd. has fought a high-quality closing battle for the three-year action of state-owned enterprise reform.，Launch and implement a new round of reform and innovation。

Strengthen the leadership of Party building。Insist on the Party's leadership and Party building throughout the whole process of enterprise reform and development，Promoting the standardization of Party building work、Normalization、Informatization，Implementation“Party building+”“Co-construction of Party organizations”“Party members lead the masses”，“Pioneer of the post station”Three brands were rated as the first excellent party building brand in the national highway transportation industry.，Three cases were rated as innovative cases of grass-roots party building in the transportation industry.。

Improve corporate governance。Strengthening the Party's Leadership and Perfecting Corporate Governance，Revise and improve the Party Committee、Board of directors、Rules of Procedure for General Manager's Office Meeting and“Three-fold and one-big”Measures for the Implementation of Decision-making System，Clear the boundary of power and responsibility，Improve the quality and effectiveness of decision-making。

Deepen internal reform。Around strategic planning、Promoting reform of industrial layout，Complete the regional management structure optimization of 11 road section units，Integration and establishment of engineering construction、Energy and petrochemical、Specialized subsidiaries such as electromechanical products，Further Enlarge Industrial Advantages，Promote subsidiaries“One industry and one enterprise、One enterprise, one industry、One industry, one strong”。

Promote market-oriented operation。To achieve full coverage of tenure system and contractual management of managers、All employees are recruited openly.、Performance appraisal of the whole staff，Stick to it“One enterprise, one policy”Dynamically set assessment indicators，Highlighting the assessment of management quality and benefit，Further stimulate the vitality of enterprises、Innovation、Competitiveness。

Prevent and defuse risks。Stick to the bottom line thinking、Enhance the sense of hardship，Give full play to the management of enterprises by business departments“Lane one”The role of the defensive line、Risk prevention and control by the compliance management department“The second way”The role of the defensive line、Audit and discipline inspection and supervision departments“Lane 3”The role of the defensive line，Effectively prevent and control risks such as investment and operation。（《Look out》Issue 24, 2023）