Auto parts company system reform

For the auto parts company system, it is a precondition for the organization of commodity circulation. The National Auto Parts Corporation's "Eighth Five-Year Plan" Work Points Proposing that several major tasks envisage the proposal of supplementing its own funds and increasing its strength as an important task. According to statistics, the entire system has its own funds of around 400 million yuan. The bank’s payment amounted to 1 billion yuan Zuo Shun, and interest payment has become an important burden. In the future, as commodity prices rise, their commodity content will continue to decline, which will seriously affect economic efficiency and corporate strength. At present, in a situation in which small businesses are opening up and enterprises are being brought to the market, not doing a good job of supplementing corporate funds will greatly weaken the competitiveness. How to supplement the funds, state-owned large and medium-sized enterprises can use the preferential policies provided by the state under the current excellent situation of reform and opening up, but this alone cannot meet the needs.

In response to the trend of the market development of the automotive industry in the "Eighth Five-Year Plan" period, the speed of production and sales has accelerated. Every year, production and sales grow at a rate of more than double digits. If companies only increase their own funds from a single source, they are far from being able to adapt to the needs of market development. At present, there are still difficulties in national revenue collection. Investment is mainly focused on major state-level large-scale capital construction projects. The burden of interest on bank loans is heavy and risks are high. Therefore, we must find another way out. On the basis of summarizing the management of Jingyi, it is necessary to do several joint-stock pilots that openly escort the public's votes. “This is actually opening up a new channel for enterprises to replenish their sources of funding within the scope permitted by the state policy. After 10 years of reform and opening up, China’s urban and rural residents’ living standards have greatly improved and have transformed from subsistence to well-off. With a total amount of up to 900 billion yuan in deposits, the people’s cash on hand is about 120 billion yuan. If we can convert so much consumer funds into production funds, we can absorb large amounts of cash in the hands of the masses and disperse the risks borne by banks. Implement a solid material foundation for the shareholding system.

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