Henan Energy 70% Enterprise Property Rights Diversification

Henan Energy and Chemical Group seized the golden period of state-owned enterprise reform, and actively explored the introduction of strategic investors, listing on the New Third Board, and implementing employee stock ownership, broadening the reform path of mixed ownership, transforming the development mode, and inspiring the vitality of enterprises. According to the reporter's understanding, as of the end of September, the group owned three listed companies, namely Dayou Energy, Australia Youde Coal, and Singapore Jiutian Chemical, and 68.7% of the subsidiaries achieved diversification of property rights. In June this year, the National Development and Reform Commission clearly proposed to encourage state-owned enterprises that undertake major infrastructure construction tasks in the fields of electricity, oil and gas, transportation, and information to explore and actively introduce diversified investment entities through mixed ownership. As an extra-large state-owned energy and chemical group, Henan Energy has accelerated the reform of property rights structure through various forms and solved the problem of single property rights and insufficient vitality. Driven by the diversification of property rights, the company handed over brilliant transcripts. In the first eight months of this year, Henan Energy achieved a total operating income of 103.66 billion yuan, a year-on-year increase of 22.3%; the total profit was 820 million yuan, a year-on-year decrease of 5.52 billion yuan; the project investment was 2.71 billion yuan, an increase of 86.3%. “In the fields of coal, chemical, equipment, non-ferrous metals, etc., we actively introduce strategic partners such as Baosteel, Wuhan Iron and Steel, CITIC Daika, Brazil Vale, and US Integrated Energy Systems, and carry out extensive equity joint venture cooperation and reform. A group of enterprises such as coal coking, Longyu Energy and Fuyuan Coal have shown a development trend of strong growth and good efficiency through the reform of property rights structure.” The relevant person in charge of the group told reporters. The first batch of mixed-reform pilot units of Henan Energy Group, Xinjiang Baicheng County Zhongtai Coal Coking Co., Ltd., through the introduction of private shares, improve the corporate governance structure and standardize the “three-level one-level” decision-making implementation supervision mechanism, the effect is obvious. This year, in most coking enterprises, due to the lack of raw coal, which can only maintain 30%~50% of low-load operation, Zhongtai coal coking continued to maintain full-load production. In the first half of the year, the company realized a profit of 45.13 million yuan, an increase of 55.335 million yuan. The second batch of mixed-reform pilot units, Xiangyang Lvyu Foam Co., Ltd. is fully advancing in accordance with the optimized plan. The audit and evaluation work related to the shareholding system reform has been basically completed, and it is expected to be listed on the New Third Board before the end of 2017. Through the diversification of property rights reform, some state-owned assets that are in dire straits have been revitalized and revived. For example, the Xi'an Coal Chemical Company, a wholly-owned subsidiary of Henan Energy, invested 300,000 tons/year of coal-based ethylene glycol project in Luxi County, Guizhou Province. Since 2015, it has been suspended due to funding gap. In order to revitalize assets and reduce downtime losses, the company introduced local governments and strategic partners to invest 860 million yuan through capital increase and share expansion, so that project construction can be promoted normally. On September 28th, the boiler oven ignition ceremony was held on the site, which was progressing smoothly and realized the preservation and appreciation of state-owned assets.

LED Grow Light

Led grow light provide the following value in the agricultural and horticultural industries:
1. Provide light: indoor grow lights can provide the light required by plants, especially in the indoor planting environment, which can make up for the lack of natural light. This is important for the agriculture and horticulture industry, as light is a key factor in plant photosynthesis, which promotes plant growth and development.
2. Control spectrum and photoperiod: grow lights led can adjust the color and intensity of light to meet the light needs of different plants at different growth stages. For example, during the germination and flowering of plants, providing the appropriate spectrum and photoperiod can promote plant growth and flower fruit production.
3. Increase yield and quality: The use of plant lights can extend the growth time of plants and improve the yield and quality of plants. By controlling light conditions, photosynthesis and nutrient absorption of plants can be promoted, thereby increasing crop yield and improving the quality of agricultural products.
4. Energy saving: Compared with traditional agricultural planting methods, Led grow lights can use light energy more effectively and reduce energy consumption. grow lights can provide suitable light according to the needs of plants and avoid waste of energy.
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In short, growth lights can provide important value in the agricultural and horticultural industry, such as light, spectrum and photoperiod control, increase yield and quality, save energy and expand planting range.

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