A few days ago, the State Grid Co., Ltd. issued the Opinions on the "Re-start" of the reform in the New Era to Accelerate the construction of a world-class energy Internet Enterprise, to promote the deep integration of the power grid and the Internet, and to build an energy Internet and cultivate and develop new momentum; Innovate energy Internet formats, expand openness, cooperation and sharing, build an energy Internet ecosystem, and firmly advance electric power reform; We will give full play to the decisive role of the market in allocating resources, reform the management system and mechanism, strive to enhance the internal driving force of enterprises, optimize operation and management strategies, mobilize the vitality of officials and employees, innovate ways of developing international business, and promote internationalization to a new level.

All this is releasing a signal - the reform of the national grid will go wider and wider.

To expand opening-up and cooperation, the national grid mixed reform measures are frequent

At the beginning of this year, the State Grid Corporation creatively proposed the strategic goal of "three types and two networks, world-class", which reflects the high degree of political responsibility and responsibility of the Party group of the company. The essence of the "three types and two networks" strategy is based on the Internet thinking, giving play to the hub role of the power grid, promoting the strong smart grid and the ubiquitous power Internet of Things to advance together, forming an energy Internet platform, driving the upstream and downstream of the industrial chain and the whole society to share the development results, and fully reflecting the new thinking and new concept of openness, cooperation and win-win.

In the process of building a world-class energy Internet enterprise with "three types and two networks", the State Grid Corporation inevitably needs extensive participation and support from all walks of life, and the mixed ownership reform will provide a good opportunity and model for this. In the mixed reform work under the new situation, the State Grid company needs to achieve strategic goals as the guidance to open the field of mixed reform and promote the targeted mixed reform, all sectors of capital to have a clear understanding of the development situation of the energy Internet industry, their own development of accurate cards, clear goals and models to participate in the mixed reform, and actively participate in the development of the energy Internet industry.

Since the end of 2018, the State Grid Corporation has accelerated the mixed-ownership reform, actively attracting social investment and enlarging the function of state-owned capital in the fields of UHVDC transmission, incremental distribution, integrated energy services, pumped storage, general aviation, and finance.

New financial breakthrough under the strategy of "three types and two networks"

In order to strengthen the overall allocation and centralized operation of resources, serve and support the development of power grids, and cultivate new profit growth points, State Grid Corporation has learned from the practical experience of large enterprise groups at home and abroad, and actively expanded its financial business through a series of operations such as strengthening the centralized management of financial assets, establishing a unified financial industry platform, and establishing specialized financial subsidiaries. It has formed financial business systems such as fund management, insurance and asset operation. In the past two years, the State Grid Corporation has thoroughly implemented the spirit of the 19th National Congress of the Communist Party of China and the Fifth National Financial Work Conference, adapted to the requirements of national regulatory policies, promoted the adjustment of financial business function positioning, adjustment of business layout, adjustment of capital structure, adjustment of management relations, strengthening collaborative management, strengthening risk prevention and control, strengthening party building, and opened a new journey of financial business reform and innovation and development.

As the financial professional platform of State Grid Corporation, Yingda Group establishes capital ties with various financial enterprises, and implements professional management and group operation of financial assets through corporate governance. At the end of 2018, the registered capital of Yingda Group was 31.5 billion yuan, the assets under management was about 820 billion yuan, and the operating income was 24.5 billion yuan and the profit was about 12 billion yuan in 2018.

In 2019, docking with the strategic goal of "three types, two networks, and world-class", Yingda Group formulated a sub-strategy of building a "three chemical and two financial" international first-class financial holding group, escorting the landing of the company's new era strategy in the financial sector. Build a "digital, market-oriented and standardized" financial holding group, and adhere to the characteristics of "energy finance and group finance".