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Shounong Food Group was reorganized into a state-owned capital investment company

In order to explore the reform of the authorized operating system of state-owned capital, and strengthen the supervision of state-owned assets mainly by managing capital, the Beijing State-owned Assets Supervision and Administration Commission decided that Beijing Shounong Food Group Co., Ltd. (hereinafter referred to as “Shounong Food Group”) was officially reorganized into a state-owned capital investment company.

Clarify the functional positioning of Shounong Food Group. First, it is an important carrier for undertaking the task of guaranteeing food supply services in the capital, and comprehensively enhancing the ability to guarantee food supply services in the capital. The second is to lead the industry example of capital food safety, and to improve the capital food safety industry system integrating planting, breeding, processing manufacturing, warehousing and logistics, transportation and distribution. The third is the core subject of the development of the capital's food industry, building a modern food industry system in the capital, and realizing the integrated development of one, two and three industries.

The State-owned Assets Supervision and Administration Commission of the People's Republic of China will improve the supervision of state-owned capital investment companies in five aspects of managing capital layout, regulating capital operation, increasing capital returns, maintaining capital safety, and improving supervision methods, and will grant strategic management and management to the board of directors of Shounong Food Group. There are 15 rights in six areas including decision-making, financial budget and final accounts, personnel appointment and dismissal, performance appraisal and income distribution, and property rights management. Breakthroughs have been made in the decentralization of property rights management such as state-owned equity management of non-listed companies.

In the next step, Shounong Food Group will closely focus on the pilot requirements, further adjust the operating model and industrial layout, strengthen internal resource integration, accelerate business restructuring, optimize management and control mechanisms, improve the efficiency of state-owned capital operations, and build a leading domestic and strong international Competitive, state-owned capital investment company with food supply and service guarantee as its core.


(Planning and Development Office of the Municipal SASAC)



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