What about China Chengtong Holding Group Co., Ltd.?

China Chengtong Holding Group Co., Ltd. (Chengtong Group for short) is a large enterprise group supervised by the State-owned Assets Supervision and Administration Commission of the State Council, with total assets of 30 billion yuan. Chengtong Group is one of the first batch of central enterprises piloted by the State-owned Assets Supervision and Administration Commission to establish and improve the board of directors of wholly state-owned companies and pilot enterprises for state-owned assets management companies. Ranked 197th in the Top 500 Chinese Enterprises in 2008, 64th in the Top 500 Chinese Service Enterprises in 2008, and 3rd in China's logistics, warehousing, transportation and distribution services.

Introduction

(Picture) China Chengtong Group

(Picture) China Chengtong Group

Chengtong Group was founded in 1992 It was formed through the merger of the material circulation enterprises directly under the former Materials Department. During the period of planned economy, it was responsible for the acquisition, allocation, warehousing and distribution of important national production means, and played an important role as the main circulation channel and "reservoir" in the national economy. In 1998, Chengtong Group established a parent-subsidiary system with property rights as the link with its member companies. In 1999, Chengtong Group underwent rectification and reorganization, and in 2000 it was placed under the management of the Central Enterprise Working Committee. In 2006, Chengtong Group implemented an all-round corporate restructuring and changed its name to "China Chengtong Holding Group Co., Ltd."

Chengtong Group currently has more than 100 member companies across the country, including China Reserve Development Co., Ltd. (Shanghai Stock Exchange, 600787), Foshan Huaxin Packaging Co., Ltd. (Shenzhen Stock Exchange, 200986), China Chengtong Development Co., Ltd. (Hong Kong Main Board, 00217) and other three listed companies. Chengtong Group is focusing on developing advantageous businesses and further expanding the capital market.

History

Since its establishment in 1992, China Chengtong Group has continuously adapted to changes in the internal and external environment, adapted to the needs of the national economy and the market, relied on development and innovation, and completed the transformation from traditional The transformation of material storage, transportation, supply and marketing enterprises into modern enterprise groups has gone through a path of daring to develop, dare to adjust, and dare to explore.

Before 1992, all affiliated member enterprises were the main channels for circulation and played the role of national economic reservoirs.

In 1992, 19 enterprises directly under the Ministry of Materials were formed into a group with the goal of building a national materials group.

In 1997, the group's parent body began to be restructured and a parent-subsidiary system was established.

In 1999, the group completed rectification and divested 62 enterprises. It achieved profitability that year and was transferred to the Central Enterprise Working Committee for management.

In 2001, the group hired Kearney, a well-known strategic consulting company, to provide consultation and determine the strategic direction of modern logistics development.

In 2002, the logistics development strategy determined the development goals: by 2007, the main business income will quadruple; the total profit will quadruple; the per employee income will double; the return on net assets will reach 4, entering Among the outstanding companies in the same industry.

In 2004, the group became one of the first batch of board of directors pilot enterprises of the State-owned Assets Supervision and Administration Commission, improving the corporate governance structure and laying the foundation for the further development of the group.

In 2004, the Group Party Congress proposed new development goals: by 2008, operating income will reach 20 billion yuan, cargo throughput will be 50 million tons, total profit will be 300 million yuan, and per capita income will be 50,000 yuan. Yuan; listed by the Ministry of Commerce as a national key contact large-scale circulation enterprise.

In 2005, the Group continued to promote the pilot program of the board of directors, and was approved by the State-owned Assets Supervision and Administration Commission Reform [2005] No. 116 document to become a pilot state-owned asset management company of the State-owned Assets Supervision and Administration Commission, actively exploring new ways of layout and structural adjustment of central enterprises, It has opened up a broader space for the development of the group.

After years of development, the three main business sectors of the group, including asset management, logistics, and trade, have taken shape, and all major operating indicators have shown rapid growth.

During the "Tenth Five-Year Plan" period, the group's business income increased from 5.23 billion yuan in 2001 to 12.6 billion yuan in 2005, with an average annual growth rate of 25%; the total profit increased from 58.91 million yuan in 2001 to 160 million yuan in 2005, with an annual growth rate of 25%. The average growth rate was 30%; the return on equity increased from 0.54 in 2001 to 1.73 in 2005.

In 2007, the group achieved a main business income of 24.55 billion yuan, a logistics business throughput of 59.1 million tons, a trading business sales volume of 10.23 million tons, a total profit of 433 million yuan, and a return on net assets of 3.07, a record new high. Achieved overall leap-forward development.

Corporate Culture

1. Vision

Through the integration of the industrial chain, we will create a group of top three industrial groups in the industry and occupy a strong market competitive position. Become a new type of related diversified extra-large strategic investment holding company.

2. Mission

Adhere to the guidance of Deng Xiaoping Theory and the important thought of "Three Represents", and actively complete the task assigned by the State-owned Assets Supervision and Administration Commission of the State Council to the group company to integrate the six types of assets of central enterprises On the basis of this, we will take asset management as the future development direction, promote the development of the main business, enhance core competitiveness, improve asset operation efficiency, and ensure the preservation and appreciation of state-owned assets; actively create a learning enterprise, improve the comprehensive quality of the workforce, and fulfill our responsibilities. social responsibility and the comprehensive construction of a moderately prosperous society.

3. Core values

Integrity, pragmatism, openness and innovation

4. Logo

The concept of the group logo is derived from the shape of the Temple of Heaven. , to convey the group philosophy of standardization, openness and unremitting pursuit.

"CCT" is the abbreviation of the English name "China Chengtong Group". Blue symbolizes the broad and profound corporate culture, while red expresses the vibrant corporate innovation spirit.

5. Code of Conduct

Loyalty and dedication - identify with the company culture and safeguard the company's honor

Business professionalism - work hard to learn knowledge and improve professional skills

Strengthen collaboration - strengthen team awareness and promote overall progress

Create value - create company value and enhance personal value

6. Concept system

Core concept: Integrity-based business world-wide

Enterprise spirit: innovation, change and pursuit of excellence

Business philosophy: continuous efforts to reduce customer costs and create long-term profit margins for ourselves

Management philosophy: There are standards for the details and procedures for the overall operation

Employment philosophy: Employ the director's strengths to encourage progress