China Supply and Marketing Group Solidly Promotes “Three Goes, One Drop, One Supplement” to Improve Profit Structure

[ China Agricultural Machinery Industry News ] On July 17, the China National Supply and Marketing Cooperation Headquarters held a director's office meeting, and listened to the analysis of the economic operation of the whole system in the first half of 2017 and the report of the operation and sales of the China Supply and Marketing Group in the first half of the year. Wang Xia, secretary of the party group and director of the board of directors, continued to deepen comprehensive reforms to ensure that the reforms were pushed forward from the point of view to make arrangements for deployment. The members of the head of the head office attended the meeting.

In the first half of the year, the total sales of the whole system reached 2,349.16 billion yuan, a year-on-year increase of 14.4%. The company's consolidated profit was 15.33 billion yuan, a year-on-year increase of 18.2%. Total assets were 1,347.92 billion yuan, up 6.9% year-on-year; owner's equity was 363.37 billion yuan, up 10.7% year-on-year; total taxes and fees paid were 15.45 billion yuan, up 14.1% year-on-year. China Supply and Marketing Group (excluding e-commerce company data) achieved operating income of 65.303 billion yuan, an increase of 12.42%. The meeting held that in the first half of this year, the whole system thoroughly promoted the comprehensive reform of supply and marketing cooperatives, focused on the implementation of key reform tasks, strengthened the analysis of the economic situation, and continued to overcome difficulties. The comprehensive reforms continued to show signs of success, and the economic operation continued to maintain a stable and good trend. The growth rate has been further accelerated, and the quality of development has been further optimized; the scale of operation and profit growth at all levels have been significantly faster than the same period of the previous year, showing a steady trend towards good momentum; the foundation for agricultural services is solid, and the development of counties and counties is progressing steadily; cotton, tea, etc. The agricultural and sideline products business grew rapidly, the system agricultural enterprise management improved greatly, the daily consumer goods business achieved steady growth, the renewable resources management resumed the rebound, the enterprises realized the summary profit; the e-commerce, land custody and other businesses accelerated and cultivated the economic development. The new kinetic energy; the scale and efficiency of the development of wholly-owned and holding companies have steadily increased, and the industrial support capacity of system enterprises has increased.
Wang Xia made a clear request for the work in the second half of the year. She stressed that in the first half of the year, the growth of the system-wide economic operation accelerated, the quality of development was optimized, the grass-roots foundation was expanded, the service sector was expanded, new businesses were nurtured, the vitality of the enterprise was released, and the endogenous driving force for economic development was further enhanced. The macroeconomic situation is on the background of good, and it is also the dividend that the system deepens the release of reform. At present, the comprehensive reform of supply and marketing cooperatives has entered a stage of comprehensive development. The next step is to continue to push forward comprehensive reforms and implement the tasks of Zhongfa [2015] No. 11 document, and sink the focus of work. Strengthen the supervision and guidance of the reform at the city and county level, and solve the problem of the “one kilometer” of the reform task. Relevant departments should strengthen the dynamic tracking of the reform situation in various places, grasp the research guidance, grasp the supervision and inspection, and continue to exert strength for a long time. We must ensure that the reforms are not diminished; we must do a good job in pilot projects, start pilot projects as soon as possible, promote reforms in depth, and conduct regular briefings on the progress of special pilots; we must pay more attention to the development of supply and marketing cooperatives in weak regions. Study the problems in weak areas and propose targeted guidance; prevent and control risks, hold the bottom line, adhere to the steady word, and strive for stability, ensuring that there is no risk of management, finance, and integrity.
Wang Xia pointed out that the China Supply and Marketing Group has achieved steady progress in its business in the first half of the year. In the second half of the year, it is necessary to strengthen the in-depth analysis of operational efficiency and profit structure, and draw on the development experience of state-owned enterprises to solidly promote the "three to one, one reduction and one supplement", focusing on the main Industry, improve quality and efficiency, improve profit structure; carefully manage internal management and system construction, pay close attention to sound system, focus on strengthening supervision, strengthen accountability mechanism, promote refined management, and truly realize group operation and group management; Comply with the new requirements of financial policy, strengthen research and management on issues such as capital and liabilities, ensure the steady development of various businesses, and lay a solid foundation for accomplishing the goals and tasks of the year and the sustainable development of enterprises.

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