Shoulder social responsibility and revitalize state-owned assets

Firmly develop green and serve the peak shaving of power grid.

—— Inner Mongolia Sulige Gas Power Generation Co., Ltd.

　　Inner Mongolia Sulige Gas Power Generation Co., Ltd. isInner Mongolia Autonomous RegionBlock 1adoptGas generating unitdynamoelectricClean energy power plant,It’s from Mengxi Power Grid.heavyTo peak-load the power supply,canEffectively enhancing the peak-shaving ability of Mengxi power grid will play an important role in optimizing the power grid structure and ensuring the safe operation of the power grid.wearImportant role.After the power plant was completed and put into operation, the company suffered losses due to the increase in natural gas prices.Normal production stopped in October 2009 until June 2021.In 2021, the company tookParty history study and education as an opportunity, with the three-year action plan of state-owned enterprise reform as the starting point, scientific planning,plan as a wholeoverall arrangement, take the initiative to seek the autonomous region government.And the Development and Reform Commission, the Ministry of Industry and Information Technology, etc.department concernedInner Mongolia electric power companySupport and help, coordinate the promotion of capacity electricity subsidies.get permissionLanding,Through continuous overtime and hard work,effectiveRevitalize the idle for a long time.The 12-year-old state-owned assets have successfully resumed the peak-shaving operation of the units, effectively alleviating the power shortage situation in Mengxi power grid.

　　Go forward in hard work.

　　2021 is a crucial year for the three-year reform of state-owned enterprises and a crucial year for connecting the preceding with the following.,Repeated outbreaks at critical moments have affected the pace of unit technical renovation, maintenance and debugging to a certain extent. Leading Group of Sulige Power Generation CompanyIn order to insist that Qingshan does not relax his work style,checkFind and solve all constraintsreformdevelopAnd management.Obstacles,Under the premise of preventing and controlling the epidemic and ensuring safety and stability, withCapacity electricity subsidyget permissionfall to the ground,The technical renovation and maintenance of the unit has also begun. companyIn the group companyUnder the guidance of "Leading Group for Peak Regulation Operation of Restoring Units in Sulige Power Plant" and related working groups and expert groups, according to the maintenance and operation of two sets of units over the years, and according to the relevant regulations and specifications, the opinions of original equipment manufacturers and experts from Inner Mongolia Electric Power Research Institute, after repeated investigation and demonstration, 105 maintenance contents in seven categories, including gas turbine, waste heat boiler, electricity, thermal engineering, chemistry and voltage regulating station, were finally determined. power plantstop productionDuring the past 12 years, some original equipment manufacturers have already gone bankrupt or transformed. The company searched for similar equipment manufacturers at home and abroad, and raced against time to complete the procurement of equipment, materials and spare parts in accordance with the law.The service has many difficulties and challenges, such as tight time, heavy tasks and high technical requirements.existGroup company systemWith planning, careful guidance, full participation and full supervision,Constantly strengthen communication and coordination with various construction units, supervision units, operation and maintenance units and commissioning units.FinallyOn June 26, 2021, the No.1 gas turbine was successfully connected to the grid for power generation; On September 23, the second combined cycle was connected to the grid for power generation. The restart of the unit will play a positive role in serving the new power system with new energy as the main body and promoting the development of low-carbon life.

　　Refine strength in epidemic prevention and control

　　Under the epidemic situation, the maintenance personnel came from all over the country, which brought a lot of challenges to the epidemic prevention and control work. In order to ensure the epidemic prevention and control in the process of technical renovation and maintenance, the company formulated the Work Plan for Prevention and Control of novel coronavirus, and paid special attention to the implementation of responsibility classification, stratification and zoning. From monitoring the health status of participants, nucleic acid detection and safety protection, to screening for posts, code scanning and temperature measurement, we should strengthen supervision and guidance on the health and epidemic prevention work of outsourcing teams and outsourced personnel in technical renovation and maintenance projects, optimize working procedures and processes, reasonably arrange the construction period, minimize cross-work and personnel contact, and minimize the risk of personnel gathering. In the later period, due to the epidemic situation, the inspectors of Nanjing Nangang Power Equipment Installation Co., Ltd. could not arrive at their posts as scheduled, and the company repeatedly communicated with the relevant departments of the local government to solve the problem of personnel control and timely arrival. After the maintenance project management personnel arrive at their posts, the company regularly goes to the site to check the implementation of epidemic prevention measures, so as to ensure timely monitoring, clear division of labor and prevention in place. Through the overtime and hard work of all departments, the epidemic prevention and maintenance period was finally realizedThe goal of "zero infection and zero accident" ensures the smooth progress of various maintenance tasks.

　　Improving quality and increasing efficiency in safety prevention and control

　　The company always insistsGuiding Thought of "Safety First, Prevention First"Think,Adhere to the goal of safe production, comprehensively strengthen risk management and control, enhance risk prevention awareness, implement the responsibility system for safe production at all levels, compact the main responsibility, and carry out the requirements for safe production throughout.Organized a period of100UranianMaintenance safety guaranteeGeneral assembly war,Actively respond to maintenance tasks,Pay close attention to reducing costs, improving quality and increasing efficiency, and provide a strong guarantee for the company’s safe production.This overhaulFaceFour cooperative units and a working team of more than 260 peopleAt the same time, a number of technological transformations, large and small, are being carried out, and there are many cross-operations.、Aerial work, live working and limited space work are difficult and demanding.,It has brought great challenges to the company’s safety work. In order to ensure the safety of technical renovation and maintenance of units, rules and regulations and emergency plans have been formulated in a targeted manner, emergency drills have been strengthened, and management of operating procedures has been strictly enforced.companyJoint supervision unit, adhere to24-hour on-site supervision has successively carried out special safety inspections such as epidemic prevention and control, traffic safety, on-site safety and civilized construction, fire prevention and flood control, and natural gas pipeline system, and carried out major safety inspections on holidays such as Qingming, Dragon Boat Festival, May Day, Mid-Autumn Festival and National Day and important power conservation periods.insist on"When the day is over, the day is over",insist onFight the epidemic situation, ensure production, strengthen control and protection.,realizewatch from a height or distanceGrasp with both hands, with both handshard、Two mistakes and two promotion.Through comprehensive measures, the foundation of safety management has been consolidated and the overall situation of safety and stability has been maintained.,No safety accidents occurred..

　　Take the lead courageously in party building

　　The flag was inserted in a line, and party member rushed forward.In 2021, the General Party Branch of Sulige Power Generation Company further strengthened "four consciousnesses", strengthened "four self-confidences" and achieved "two maintenance", and constantly improved political judgment, political understanding and political execution.Seriously study and implementpartyCentral and autonomous regionsParty Committee and SASAC Party CommitteeHe group companyParty committeeAll decision-making arrangements are closely aroundGeneral tone of "striving for progress while maintaining stability",insist on"Strengthen the party’s leadership andPerfecting corporate governance and unifying."、"Deep integration of Party building work and production and management",Focus on strengthening party building work.Give full play to the general party branch of Sulige Power Generation CompanyThe role of "taking the direction, managing the overall situation and ensuring implementation", all party member "bright posts, bright commitments and bright performance", take the initiative.Bear a heavy burdenTask, accept supervision, service overhaul, inspire party member to play a vanguard and exemplary role.

　　Make full push inThe study and education of the company’s party history has gone deep and practical, achieving momentum, distinguishing features and remarkable results. The general party branch accurately grasps the goal and direction of the study and education of party history, and studies and educates the central group study, theme party days, reading classes, special party classes, publicity and lectures, and special training.The "prescribed actions" are broken down and implemented on a monthly basis to ensure that there are activities every month, pushes every day, and echoes every time. Joint cooperation units carry out joint theme Party Day activities to learn the history of the Party, share the experience of maintenance, effectively combine the study of Party history, sum up experience, and compare with the actual technical renovation and maintenance work of the unit, and help the company’s reform, development and management with tangible learning results, forming a work cycle of "learning and education-promoting work-improving quality and efficiency". Adhere to activities such as "learning the history of the party every day", "singing red songs every day", "telling stories every week", "listening to lectures at the right time" and "doing tests on time"; Evening classes are held to learn the history of the Party, and five topics are divided to carry out centralized study, comprehensive study, systematic study, through study and online study, so as to promote the formation of a situation in which leaders take the lead in giving lectures, party member consciously leads the study, and all members interact to promote learning. Encourage all party branches and departments to inspire creative tension, actively introduce distinctive optional movements on the basis of perfecting the prescribed movements, make good use of the rich red resources and party history materials, enlarge the characteristics, create highlights, and carry out the study of party history with the theme of "remembering revolutionary martyrs and carrying forward the national spirit"Theme Party Day activities, held calligraphy collection, essay writing, knowledge contest, warning education,The study and education of party history is colorful in activities such as "always forge ahead with the party on a new journey" and staff cultural performances.

　　Looking back on the party’s century-long history, it is an endless force of faith. The general party branch of Sulige Power Generation Company draws strength from the education of party history,Try to put“I do practical things for the masses."Practice activities have been carried out in the hearts of the workers and staff. The general party branch of the company has repeatedly learned about the urgent needs and expectations of the masses from different channels, closely focused on the outstanding demands of the masses, and done practical things and solved problems for the masses in a down-to-earth manner, and finally determined the company’s" I do practical things for the masses "project list. Whether it is a major event of the company’s reform and development or a trivial matter of the staff dining table, the general party branch "treats people equally", formulates practical plans for people’s livelihood, clarifies node objectives, reveals the list and takes the lead, and makes every effort to push forward, earnestly doing practical things, doing good things well, and handling difficult things well, taking the voice of the masses as the basis for seeking things, and taking the word-of-mouth of the masses as the yardstick for judging, so as to turn the achievements of the study and education of party history into an inexhaustible motive force for doing our job well and promoting the development of the cause.

　　A new journey has begun, and a new era is promising. General Party Branch of Sulige Power Generation CompanyIt has consolidated the overall situation of security and stability, maintained a positive trend and planted the advantages of green development.In 2021,The company has made new achievements in reform and development, made new breakthroughs in production and operation, made new improvements in enterprise management, and made new achievements in party building.In the future,SuligePower generation companyWill actively participate in the autonomous regionpeak carbon emissionscarbon neutralityWork, give full play to the gas unit inThe unique role of "double control" is to help with the tenacity of courageously taking the lead, the enterprising spirit of facing difficulties and the tireless efforts.companyRide the wind and waves in improving quality and efficiency, and fully serve the economy and society of the autonomous regionDevelop the overall situation,Playing the strugglers of the new era"The strongest sound.”。

Editor in charge: Zhou Xiaobo’s submission email:Online submission

　

　

　

　

　

　

Xiang jiao Ji Jian [2018] No.116

　

　

Hunan Provincial Department of Transportation

Some opinions on further standardizing the management of expressway and provincial highway engineering construction projects in our province

In order to further strengthen the management of highway construction projects in our province, clarify the responsibilities of all parties, standardize working procedures, and promote the healthy and orderly development of highway construction, combined with the actual reform of highway construction management system in our province, according to the relevant laws, regulations and provisions of the state, Ministry and province, the following opinions are put forward.

One,Highway engineering construction implements the system of industry supervision and graded responsibility.

(a) the Provincial Department of Transportation is responsible for the industry supervision of highway engineering construction in the province. Specifically responsible for the supervision and management of expressway construction projects approved or approved by the national and provincial development and reform commission.

(two) the provincial highway management agencies entrusted by the Provincial Department of Transportation, responsible for the province’s highway engineering construction industry management.

(III) The Municipal Transportation Bureau is specifically responsible for the supervision and management of the common national and provincial highway construction projects included in the provincial transportation development plan within its administrative area. Other ordinary highway construction projects included in the provincial transportation development plan can be implemented with reference to this opinion.

Two, strictly implement the basic construction procedures, and effectively prevent management risks.

(4) Highway engineering construction projects must strictly implement the legal person responsibility system, the bidding system, the project supervision system and the contract management system, strictly implement the capital construction procedures stipulated by the state, and shall not violate or simplify the capital construction procedures without authorization. Transportation administrative departments at all levels should strictly examine and implement according to the management authority, and establish a sound management system and files.

(5) The provincial department of transportation is responsible for the examination and approval of construction drawings of expressway construction projects, and the relevant municipal and state transportation bureaus are responsible for the examination and approval of construction drawings of ordinary national and provincial highways.

Expressway construction projects shall be reported to the ministries and agencies by the project legal person after the organization completes the construction drawing design documents. The ministries and agencies entrusted the provincial highway management agencies to organize a review and consultation unit on behalf of the office for review., prepare the review report and put forward the industry review opinions (if the design and construction general contracting mode is adopted, the preliminary design unit shall also submit the design consultation and supervision report). For projects with complex technology, the ministries and agencies can entrust independent consulting agencies to check the construction drawing review, key parts and important structures, and the ministries and agencies will examine and approve the construction drawing budget according to the review report, verification opinions (if any), industry review opinions and the review opinions of the department’s cost management agency (except for the design and construction general contracting mode), and gradually establish and improve the construction drawing review and evaluation mechanism.

General national and provincial highway construction projects shall be reported to the relevant municipal and state transportation bureaus after the construction drawing and design documents are completed by the project legal person organization, and shall be reviewed by the municipal and state transportation bureaus and approved. The specific implementation rules shall be formulated separately by the municipalities. After the approval of the construction drawing is completed by the Municipal Transportation BureauWithin 15 working days, the construction drawing approval document shall be submitted to the provincial highway management organization for the record.

(six) highway engineering construction projects should establish and improve the quality and safety assurance system. Before the project starts, the construction unit shall go through the quality supervision procedures with the traffic quality and safety supervision institution as required. Expressway construction projects shall be submitted by the project legal person to the provincial traffic quality and safety supervision institutions, and ordinary national and provincial highway construction projects shall be submitted by the project legal person to the municipal and state traffic quality and safety supervision institutions. Traffic quality and safety supervision institutions at all levels shall promptly urge the construction unit to go through the quality supervision procedures in accordance with the regulations, and carry out quality supervision and management in a timely manner according to law.

(seven) highway construction projects shall implement the construction permit system according to law, and the project legal person shall strictly follow the "Measures for the Administration of Highway Construction Market" (ministerial order)No.11, 2015) stipulates that the construction permit procedures shall be handled, and the construction of the project without permission shall not be started. In case of violation, administrative punishment shall be imposed according to law.

For expressway construction projects, the project legal person shall apply to the Provincial Department of Transportation for construction permit, and for ordinary national and provincial highway construction projects, the project legal person shall apply to the relevant municipal and state transportation bureaus for construction permit. The transportation administrative departments at all levels shall make a decision on the construction permit according to the procedure, in which the ordinary national and provincial highway construction projects shall, after making the construction permit,Within 15 working days, the municipal and state transportation bureaus shall report to the provincial highway management agencies for the record.

(eight) highway engineering construction projects should be organized in stages according to the Ministry of Transport’s "Measures for Acceptance of Highway Engineering Completion (Delivery)" and related implementation rules.

The project legal person is responsible for the completion acceptance. After the completion of acceptance, the project legal person shall complete the project completion acceptance report in time as required, and report to the transportation administrative department that approved the project construction drawing design for the record. The completion acceptance of ordinary national and provincial highways shall be summarized by the municipal and state transportation bureaus at the end of each quarter and submitted to the provincial highway management agencies for the record. No traffic trial operation may be opened for projects that have not been completed or failed to pass the completion acceptance. 　

After the project meets the completion acceptance conditions, the project legal person shall apply to the administrative department of transportation for completion acceptance. The completion and acceptance of expressways is organized by the Provincial Department of Transportation, and the completion and acceptance of ordinary national and provincial highways is organized by the local municipal and state transportation bureaus. After the completion and acceptance of ordinary national and provincial highways, the municipal and state transportation bureaus shallWithin 15 working days, the completion acceptance appraisal book will be submitted to the provincial highway management organization for the record.

Construction mileage is less than5 kilometers or a total investment of less than 50 million yuan of ordinary national and provincial highway construction projects (except bridges, long tunnels and above), can be completed and accepted by the municipal transportation bureau.

Three, strengthen the supervision of bidding process, and create a unified, open, competitive and orderly market environment.

(9) The project legal person shall follow the principles of openness, fairness, impartiality, honesty and credibility, implement the relevant laws, regulations and provisions of the state, the Ministry and the province, organize the bidding work of the project according to the approved bidding scope, bidding method and organizational form, and shall not evade bidding, discriminate against potential bidders and bidders, or implement local protection and black-box operation.

(ten) strictly implement the bidding filing management system. Expressway construction projects shall be submitted by the project legal person to the Provincial Department of Transportation for the record in a timely manner, including the qualification documents and results (if any), as well as the bidding documents and the written report on bidding (including the bid evaluation report). Ordinary national and provincial highway construction projects shall be reported by the project legal person to the relevant municipal and state transportation bureaus for the record in a timely manner, including the qualification documents and results (if any), as well as the bidding documents and written reports on bidding (including bid evaluation reports). If there are other provisions governing counties directly under the province, those provisions shall prevail.

(11) Highway construction projects shall fully implement the trading system of entering the public resource trading market, expressway construction projects shall enter the provincial public resource trading center for trading, and ordinary national and provincial highway construction projects shall enter the municipal and above public resource trading centers for trading.

(twelve) the construction projects of expressways and ordinary national and provincial highways should gradually realize electronic bidding. If electronic bidding is adopted, it shall be implemented in accordance with this opinion and the relevant provisions on electronic bidding.

(thirteen) the administrative departments of transportation at all levels shall supervise the bidding process according to the management authority, and deal with the complaints and reports in the bidding in a timely manner, and seriously deal with the illegal acts of bidding according to the law and regulations.

Four, standardize the management of engineering change, the implementation of hierarchical responsibility, prohibit unauthorized changes.

(fourteen) after the approval of the construction drawing design documents of highway engineering construction projects, they shall not be modified or changed without authorization. If it is really necessary to change the approved construction drawing design documents, it shall be implemented only after approval in accordance with the examination and approval authority. The Provincial Department of Transportation will strengthen the supervision and inspection of lowering construction standards and reducing construction scale changes.

(fifteen) highway engineering design changes are divided into two categories: highway construction projects and ordinary national and provincial highway construction projects.

1 need to improve technical standards or increase the scale of construction, and the increased investment exceeds the corresponding budget by 10% or more, and the design changes shall be reported to the original budget approval department for approval.

2. The Ministry of Transport approved the preliminary design of the expressway project, and its major design changes were reported to the Ministry of Transport for approval after the preliminary examination by the Provincial Department of Transportation.

The preliminary design of the expressway project approved by the Ministry of Transport has major design changes under one of the following circumstances; Or the provincial department of transportation approved the preliminary design of the expressway project, there is one of the following major or major design changes, submitted to the provincial department of transportation for approval:

① The starting and ending points of the route have changed;

(2) the route plan for more than 2 kilometers is adjusted continuously;

(3) the number of bridges or the structural forms of bridges and above have changed;

(4) the number of tunnels or ventilation scheme changes;

⑤ The number, location or scheme of interchange has changed;

6. The charging method, site location and scale have changed;

⑦ The standard and scale of the connecting line have changed;

(8) The type, width and thickness of pavement structure change;

Pet-name ruby management, maintenance and service facilities change in location, quantity and scale.

The remaining major design changes are entrusted to the project legal person for self-examination and approval. After the approval is completed,Report to the Provincial Department of Transportation for the record within 15 working days. General design changes shall be reviewed and approved by the project legal person.

3. The design changes of ordinary national and provincial highway construction projects (including technically complex projects) shall be formulated by the municipal transportation bureaus themselves, and the construction scale and technical standards shall not be arbitrarily reduced. It is a major design change, such as the change of the starting and ending points of the route, the adjustment of the route scheme for more than 1 km in a row, the change of the width of subgrade and pavement, the change of the overall pavement structure type, the change of the structure type and scale of the extra-large bridge, and the increase or decrease of the number of bridges and tunnels above the bridge. Within 15 working days after the completion of the approval, the municipal transportation bureau shall report to the provincial highway management organization for the record.

(16) Transportation administrative departments at all levels should strengthen the supervision and management of engineering design changes, and seriously investigate and deal with unauthorized changes, illegal changes, dismembered changes to avoid approval and other irregularities.

(seventeen) the project legal person should strengthen the project cost management and strictly control the project investment. In the process of project implementation, the budget estimate should be strictly taken as the highest control amount of project investment. If it is really necessary to exceed the budgetary estimate, the budgetary estimate shall be examined and approved in strict accordance with the relevant provisions. Transportation administrative departments at all levels shall strengthen the supervision and inspection of highway engineering cost activities in accordance with their duties and powers.

Five, strict market access, strengthen contract management, strengthen industry supervision, to ensure the quality and safety of the project.

(eighteen) highway and ordinary national and provincial highway construction projects shall implement the project legal person responsibility system according to law. The project legal person can manage the project by itself, or entrust a qualified management unit to manage it.

The technical and management capabilities of the legal person of the expressway construction project or the organization and personnel of the management unit entrusted by it shall conform to the Opinions of the Ministry of Transport on Further Strengthening the Management of the Highway Project Construction Unit.No.438 [2011]).

The legal person of provincial highway construction project or its entrusted management unit, organization and personnel shall meet the following basic conditions:

1. The organization has major functional management departments such as planning, contract, engineering, finance, quality and safety, with clear division of responsibilities and perfect management system;

2. The person in charge of the project is familiar with the national laws and regulations on engineering construction, with good political quality, high professional level, good reputation in the industry, more than 3 years of engineering management experience, and has served as the person in charge of one or more highway projects or the deputy person in charge of two or more projects, and should have intermediate or above titles;

3. The technical person in charge of the first-class highway and the construction project containing tunnels and extra-large bridges has the title of senior or above in highway engineering, has rich engineering experience, and has served as the technical person in charge of two or more highway engineering projects; The technical person in charge of highway construction projects of Grade II and below has the title of intermediate or above in highway engineering, has rich engineering experience, and has served as the technical person in charge of one or more highway projects or the technical personnel of two or more projects;

4. The first-class highway construction projects should have more than 5 engineers and technicians with intermediate titles or above in highway engineering, and the second-class highway construction projects should have more than 3 engineers and technicians with intermediate titles or above in highway engineering. Financial personnel should have the ability of financial accounting. 　　　　　　　　

When the preliminary design documents of the project are submitted for approval (including the first-stage construction drawing design documents), the highway project construction unit shall report the management institutions, management personnel and qualifications stationed at the project site to the relevant transportation administrative departments for verification. The competent department of transportation shall timely review, and those who fail to meet the qualification standards shall be instructed to supplement and improve, or instructed to entrust a construction agent with corresponding management capabilities to be responsible for construction management. In the process of project construction, the change of main personnel such as the project leader or technical leader shall be reported to the relevant transportation administrative department for verification.

(19) highway design, construction, supervision, testing, consulting and other business units shall have corresponding qualifications, fully perform their obligations in accordance with the provisions of the contract, and prohibit acts such as relying on lending qualifications, subcontracting and illegal subcontracting.

(twenty) the project legal person should strengthen the management of contract performance, include the breach of contract and the liability clauses in the bidding documents or contract documents, and establish and improve the penalty and assessment incentive mechanism for breach of contract.

(21) The project legal person shall formulate and improve the management system of project quality, safety, progress and cost, effectively improve the management ability and quality, establish and improve the project quality and safety assurance system, implement the project quality responsibility registration system and lifelong responsibility system, vigorously promote the standardization construction, further strengthen the project quality and safety management, and ensure the inherent quality and durability of the project, and ensure the quality and safety of the project.

(twenty-two) transportation administrative departments at all levels should strengthen information management, and gradually establish an information management platform for highway construction. Make full use of information means such as big data and cloud platform, implement dynamic management of information such as performance of highway construction project personnel, and effectively improve the supervision ability and level of the industry.

(23) Provincial highway management agencies should earnestly fulfill the management responsibilities of highway engineering construction industry in the province, and focus on strengthening the guidance and supervision of the approval of construction drawings, construction permits, construction management, design changes, and completion (handover) acceptance of provincial highway construction projects.

(24) transportation administrative departments at all levels and industry management institutions should strengthen industry supervision, and organize comprehensive supervision and special supervision of highway construction markets and construction projects within their jurisdiction according to management authority, and all inspection results should be included in market credit records, annual transportation target assessment and quality work assessment. The illegal acts found by the inspection shall be punished according to the management authority.

(25) The Municipal Transportation Bureau is responsible for the supervision and management of national and provincial highway construction, adoption and transfer of ordinary highways, and shall, in accordance with the construction, management and transfer plan approved by the local people’s government and relevant regulations, promptly clarify or adjust the custody responsibilities of relevant units during the project construction period and the adoption institutions after the completion, and strengthen the supervision and management of project adoption and transfer.

VI. Others

(26) departments at all levels should earnestly strengthen the building of a clean government, improve the working mechanism, strengthen the management of projects and personnel, plug management loopholes from the system and mechanism, establish and improve a long-term mechanism for preventing and punishing corruption, build sunshine transportation, and enhance the image of the industry.

(27)This opinion is fromIt will come into force on August 1, 2018 and will be valid for 5 years.

　

　

　

Hunan Provincial Department of Transportation 　　　

July 12, 2018

Hunan Provincial Department of Communications Office 　　　　　　　　　　　　　　　Printed on July 27th, 2018

　　The newly revised Securities Law of People’s Republic of China (PRC) (hereinafter referred to as the new Securities Law) was recently passed and will be officially implemented on March 1, 2020. China’s capital market will enter a new stage of development. At present, relevant departments are in full swing to introduce relevant supporting measures. Analysts generally believe that the new Securities Law further improves the basic system of the securities market, helps to improve the quality of listed companies, effectively protects the legitimate rights and interests of investors and better serves the real economy. In the future, with the improvement of various reform systems, China’s capital market will give generate a strong vitality and competitiveness.

　　Let the market play a decisive role.

　　As the "basic law" and "fundamental law" of the capital market, the new Securities Law has aroused widespread concern at home and abroad since its inception.

　　Among them, the most striking thing is the change of the legal conditions of the company’s initial public offering (IPO). Before the amendment, the requirement of the law for IPO companies was "sustainable profitability", while the new Securities Law clearly stated that the relevant requirement was "sustainable operation ability". He Haifeng, director of the china law society Securities Law Research Association, said that the former is compatible with the approval system; The latter is compatible with the registration system, because the operating ability is more inclusive and diversified than the profitability, and there is more reason to leave it to the market for independent judgment.

　　Chen Hua, a senior researcher at the National Institute of Development and Strategy of Renmin University of China, pointed out that anti-fraud is the core theme of securities issuance supervision, and the goal of the approval system is to fight against issuance fraud through auditing. However, it can’t solve the problem of fraudulent issuance after all, and it is easy for people to take advantage of loopholes, such as using very professional methods to make financial statements beautiful.

　　"Price is the core of the market mechanism, but both price and quantity must be market-oriented and work together. The price formed after the release of the audit and the release of the rhythm can truly reflect the scarcity of resources, accurately guide the behavior of market players, and form an endogenous self-balancing mechanism in the market. " Chen Zhen said that high-quality inquiries and information disclosure will definitely make counterfeiters fully exposed.

　　Wu Wenfeng, vice president of Antai school of economics and management of Shanghai Jiaotong University, pointed out in an interview with this reporter that the registration system will not affect the overall quality of listed companies, but will help the market to play a decisive role and improve the overall efficiency of the capital market.

　　The punishment for breaking the law and breaking the trust is even stronger.

　　It is worth noting that the new Securities Law not only opens the door to financing for more high-quality enterprises, but also greatly improves the punishment for illegal acts in the capital market.

　　For example, for fraudulent issuance, the original fine of 5% of the maximum amount of funds raised will be raised to double the amount of funds raised; For information disclosure violations of listed companies, the maximum fine can be increased from 600,000 yuan to 10 million yuan; If the controlling shareholder or actual controller of the issuer organizes or instigates to engage in false statements, or conceals relevant matters, resulting in false statements, it is stipulated that a maximum fine of 10 million yuan can be imposed.

　　The vitality brought by the registration system to China’s capital market will not only be reflected in the listing of more high-quality and potential enterprises, but also in the timely delisting of inferior companies.

　　Chen Hua introduced that in the mature registered market, although listing is relatively easy, it is very difficult to maintain the listing status because the delisting elimination rate is generally high. The most prominent feature of registration system audit is that the traditional administrative examination and approval is replaced by inquiry and disclosure. The change of the registration system from "examination" to "questioning" does not mean that the stock market has released a lot of water.

　　"The delisting system is the basic system of the capital market. The average annual delisting rate of Nasdaq market in the United States is 8%, and the delisting rate of NYSE is around 6%. Science and technology innovation board of Shanghai Stock Exchange is positioned as a science and technology enterprise in the early stage of service. After listing, the operating uncertainty of enterprises is high, some enterprises will grow into leaders and giants, while others may gradually fail, and the market differentiation will be more obvious than other sectors. It is very important to establish an orderly delisting system. " Chen Hao said.

　　Wu Wenfeng further pointed out that it is always an inevitable requirement to improve the competitiveness of China’s capital market system, whether it is strictly implementing the delisting system, increasing the illegal cost and improving the punishment for illegal activities in the capital market.

　　Rooted entities show greater appeal

　　The imminent implementation of the new Securities Law has also boosted practitioners’ expectations for the future of China’s capital market.

　　"The capital market is attractive from both the macro-economic and recent policy perspectives." Lian Ping, chief economist of Bank of Communications, believes that in the next six months or a year, macro-policy factors will be superimposed together, which will be beneficial to the capital market.

　　"For a long time, the proportion of traditional industries and large enterprises in China’s capital market is relatively large, and the influence of emerging enterprises reflecting new industries, new formats and new business models is insufficient. In the future, with the implementation of the new Securities Law and the steady progress of the registration system reform, this phenomenon is expected to be effectively improved, and the transformation and upgrading of the real economy will gain more support. In the process of new economic growth, capital market investors will also receive corresponding returns. " Wu Wenfeng said.

　　"According to the authorization of this law, the CSRC will fully consider the market reality, especially to grasp the organic and unified connection of securities issuance, securities registration and market affordability, and promote it step by step and steadily in accordance with the unified deployment of the State Council." Cheng Hehong, director of the legal department of the China Securities Regulatory Commission, said. The CSRC said that it will speed up the formulation, revision and improvement of supporting rules and regulations, improve the basic system of the securities market, strictly implement the provisions of the revised law, continuously improve the level of supervision and law enforcement, and give full play to the positive role of the new Securities Law in promoting market reform, maintaining market order, strengthening market functions, and protecting the legitimate rights and interests of investors.