兰州黄河生态控股集团：改革攻坚破浪行 国企转型启新程

Core Viewpoint - Lanzhou Yellow River Ecological Holding Group has achieved AAA credit rating, marking a significant milestone as the first municipal state-owned enterprise in Lanzhou to receive this rating, reflecting its successful transformation and improvement in capital strength, debt repayment ability, governance level, and sustainable development capacity [1] Group 1: Reform and Restructuring - Lanzhou City has initiated a comprehensive and in-depth "restructuring and reshaping" campaign to enhance the core functions and competitiveness of municipal state-owned enterprises, utilizing the innovative "ABC" restructuring model [2] - The "ABC" model involves high-level restructuring of investment entities (A), effective handling of debt entities (B), and high-quality reconstruction of industrial entities (C), achieving effective separation of operational assets from government debts [2][3] - The establishment of Lanzhou Yellow River Ecological Holding Group as the headquarters aims to manage existing assets and ensure creditor interests while enhancing market competitiveness [2] Group 2: Industry Transformation - The restructuring of Lanzhou Yellow River Company aligns with national strategies for state-owned enterprise reform, focusing on separating infrastructure from industrial operations and promoting green transformation through tourism, circular economy, and low-carbon projects [3] - The company is developing seven synergistic industrial sectors, referred to as the "Golden Seven Stars," to support its future growth and enhance its role as a state-owned capital investment and operation company [3][4] Group 3: Brand Empowerment - Lanzhou Yellow River Company has recognized the importance of brand soft power, successfully creating the "Xiao Lan" series of urban service brands to enhance service quality and industry value [5][6] - The "Xiao Lan" brand has become a symbol of high-quality services in Lanzhou, connecting the company with the community and enhancing its market competitiveness and social influence [6] - As of October 2025, the company reported a 45.43% year-on-year increase in revenue, stable profit growth, and total assets reaching approximately 70 billion, with a healthy debt-to-asset ratio below 50% [6]