Core Viewpoint - The deepening of state-owned enterprise (SOE) reform is crucial for adapting to China's modernization, optimizing state capital layout, and enhancing the quality and efficiency of the state economy [3] Group 1: SOE Reform Initiatives - The government of Decheng has set the goal of "enhancing core functions and improving core competitiveness" as part of the SOE reform, focusing on stimulating enterprise vitality and enhancing competitiveness [3] - The "three-year action plan for SOE reform" and the "deepening and enhancing action for SOE reform" are being implemented to achieve high-quality development of district-level state-owned enterprises [3] Group 2: Resource Allocation Reform - The reform includes resource allocation through classification and integration, aiming to activate development momentum and optimize the layout of state capital [3] - By November 2025, five district-level state-owned enterprises are expected to have total assets of 23.4 billion, a year-on-year increase of 7%, achieving a classification of "production-oriented services" and "life-oriented services" [3] - Key enterprises include Jiuda Holdings focusing on urban development, Derun Company on the Grand Canal, and others enhancing their respective sectors [3] Group 3: Governance and Operational Mechanism Reform - The reform aims to establish a modern enterprise system, completing the supervisory board reform and enhancing personnel management within district-level SOEs [4] - A governance structure characterized by "defined rights and responsibilities, transparency, coordinated operation, and effective checks and balances" is being constructed [4] - The management system is being improved with a dynamic adjustment mechanism for personnel and strict implementation of management requirements [4] Group 4: Institutional Support Reform - A comprehensive institutional support system is being built to ensure the stable development of SOEs, including optimizing incentive and punishment mechanisms [4] - Over 30 institutional documents related to major management, transparent procurement, and investment supervision have been issued during the "14th Five-Year Plan" period [4] - The establishment of a "smart state-owned assets" management platform and compliance management system aims to enhance decision-making quality and prevent operational risks [4]