The South-to-North Water Diversion Group was established. What are the characteristics of this group’s business?

In September 2020, China South-to-North Water Diversion Group Co., Ltd. completed its industrial and commercial registration. The legal representative is Jiang Xuguang, deputy director of the South-to-North Water Diversion Office of the State Council and deputy minister of the Ministry of Water Resources, with a registered capital of 150 billion yuan. The establishment of the South-to-North Water Diversion Group has caused a sensation among many people. The biggest feature of the South-to-North Water Diversion Group is that it is a 100-billion-dollar enterprise in my country. The only shareholder of a state-owned enterprise is the State Council, which is unmatched by other group companies. It is reported that the business scope of the South-to-North Water Diversion Company covers the development, construction and operation of water diversion projects, as well as water ecological protection, water pollution control, water production and supply, Project investment, power production, etc., in addition to the mining of mineral resources along the route (limited to foreign ports), park project development and construction, water cultural tourism resource development, water transportation industry, research and development and manufacturing of engineering machinery and equipment, and contracting of foreign water conservancy projects Hydropower Engineering.

The South-to-North Water Diversion Project as we know it has three lines, divided into the east line, the middle line and the west line. It is these three water diversion lines that enable the Yangtze River, Huaihe River, Yellow River and Haihe River to connect with each other. It has realized the true south-to-north water diversion in China and solved the water shortage problem in arid areas. The amount of projects involved in the South-to-North Water Diversion Project is also quite large. After the South-to-North Water Diversion Company is established, it will gradually move towards a commercial operation model, and the related funds will be transparent and the utilization rate will increase. After the South-to-North Water Diversion Company is established, it can contract foreign business, which also means Some of its subsidiaries will develop markets in new areas.

The establishment of the South-to-North Water Diversion Group embodies the advantages of the development of socialism with Chinese characteristics and benefits the country and the people. Specializing the original projects is conducive to faster and better implementation of subsequent projects. The South-to-North Water Diversion Group embodies the A major feature is the overall planning and planning in the field of resources in the future. The rational use and development of resources will greatly increase the value of resource reserves. In addition, the South-to-North Water Diversion Group will exert its huge advantages in the international market in the future and promote more related domestic projects. The development of enterprises is also one of the characteristics that should not be underestimated. The establishment of the South-to-North Water Diversion Group can be said to have made great contributions to the contemporary era and will benefit the future.