Company information of Hunan Xiangtou Holding Group Co., Ltd.

In June 1999, the provincial government approved the company's registered capital to be increased from 200 million yuan to 3 billion yuan. After the establishment of the Provincial State-owned Assets Supervision and Administration Commission in 2004, the company performed the investor's duties by the Provincial State-owned Assets Supervision and Administration Commission. With the approval of the Provincial State-owned Assets Supervision and Administration Commission, in November 2005, Hunan Economic Construction Investment Company was restructured into Hunan Xiangtou Holding Group Co., Ltd. in accordance with the Company Law. It is temporarily a wholly state-owned company with a registered capital of 3 billion yuan. The company currently has seven functional departments including the President's Office, Planning and Development Department, Human Resources Department, Finance Department, Audit and Supervision Office, Investment Management Department, and Asset Management Department. The company has a Party Committee and a Discipline Inspection Commission, and the work of the Party Committee Office and the Disciplinary Inspection Office are undertaken by the Human Resources Department and the Audit and Supervision Office respectively. The company has a general counsel office, which co-locates with the audit and supervision office. In 2006, the Safety and Stability Office and the Tender Supervision Office were newly established.

In 1995, the company began to implement modern enterprise systems and standardize corporate governance in its invested projects. After 1999, by standardizing property rights relations and carrying out capital operations, the company organically integrated assets scattered in more than 20 industries and gradually concentrated them in the four main industrial fields of electricity, electronic information, high-tech investment and hotel and tourism services. The company has also transformed from a single project investment to one based on industrial management and using capital management as a means, gradually forming a large-scale enterprise group company with a relatively clear main business.

1. Electricity By the end of 2006, the company's power asset balance was 4.6 billion yuan, and the installed capacity involved in investment was 12.06 million kilowatts, of which 5.79 million kilowatts had been put into operation, accounting for 38.76% of the province's regulated installed capacity. ; The equity installed capacity that has been put into production is 2.1966 million kilowatts, accounting for 14.7% of the province's regulated installed capacity. In 2006, the company completed its first on-grid electricity generation of 10 billion kilowatt-hours, accounting for 15.1% of the province's total on-grid electricity, and achieved equity power generation revenue of 3.2 billion yuan. The company's power industry sector has basically taken shape.

With the company holding the second phase of the Yiyang Power Plant and the Tongwan, Qingshuitang, Xiaoxi and other hydropower stations constructed by the company, as well as all the units of the second phase of the Xiangtan Power Plant, the second phase of the Huaneng Yueyang Power Plant, and Wuling Electric Power (third board). Xi, Tianzhu, Guazhi, Heimifeng) and other projects have been put into operation one after another. The company's power installed capacity will exceed 4 million kilowatts, accounting for about 18% of the province's installed capacity in the same period.

2. Electronic information

The company focuses on the development of the information industry and strives to build a development platform for the information industry in our province. After several years of rapid development, the holding company Hunan Electronic Information Industry Group has become a leading enterprise in Hunan's electronic information industry. Its investment areas include display devices, IT, system equipment, information materials, modern logistics, etc. It currently has 5 holding companies. , 4 joint-stock companies and 2 branches, the holding company, 4 joint-stock companies and 2 branches achieved full-scale statistical sales revenue of 3.56 billion yuan in 2006, accounting for 1.45% of the province's information industry sales revenue (24.6 billion yuan) %.

LGPHILIPS Shuguang Electronics Co., Ltd., one of the top ten landmark projects in the province and one of the top 100 domestic electronics companies, has an annual output of 12 million color tubes, 13 million electron guns, and 8 million deflection coils. It is one of the eight largest color tube production bases in the country, with a cumulative profit and tax of 3.06 billion yuan. The uniform chrome plate production line with a total investment of 163 million yuan and an annual output of 150,000 pieces has entered trial production and is undergoing equipment and process debugging. It is expected to achieve sales revenue of 300 million yuan after reaching production. The color filter (CF) project with a total investment of 464 million yuan has completed the main civil engineering and power equipment installation. It is expected to start the installation of process equipment at the end of this month. It will start trial operation in April this year. It is expected to achieve sales revenue of 370 million yuan after reaching production. . Kexin Electronic System Equipment Co., Ltd. cooperates with Japan to develop and produce polishing machines and cleaning machines with independent intellectual property rights and development potential, filling the gap in our province in this field.

3. High-tech investment Among state-owned enterprises in our province, the foundation of high-tech industry is relatively weak. Our province has a large number of scientific research institutes and universities with strong scientific research strength, and a considerable number of scientific and technological achievements are in urgent need of transformation. Hunan High-tech Venture Capital Co., Ltd., the first venture capital company in the province initiated and established by the company in 2000, has completed nearly 20 project investments so far, with a cumulative investment amount of more than 200 million yuan and a cumulative profit of nearly 70 million yuan. , selected into the top 50 Chinese venture capital companies and the top 50 comprehensive historical rankings of Chinese venture capital companies.

The "Sany Heavy Industry" it invested in increased its value by 21.96 million yuan through equity transfer, with a return rate of 732%.

Hunan Xiangtou Jintian Technology Group Co., Ltd., a wholly-owned subsidiary of the company, is committed to the investment, construction and operation of the new materials industry, intensive processing, industrial chain resource integration, market development and related solution services Provide, and operate and manage holding and equity investment projects in accordance with the management and control model of modern enterprises. The three subsidiaries of Jintian Group are engaged in business at different stages in the field of titanium processing: Xiangtou Jintian Titanium Industry Co., Ltd. mainly produces titanium and titanium alloy ingots, titanium slabs, high-performance rods for aviation, forgings and Disc parts, Xiangtou Jintian Titanium Metal Co., Ltd. mainly produces high-end titanium coils, and Xiangtou Jintian New Materials Co., Ltd. produces high-performance titanium welded pipes. At present, Jintian Group has formed a relatively complete titanium processing materials business chain, which can exert a strong Business synergies create Hunan titanium industry chain. The Jintian Aluminum Project has independent intellectual property rights, and its production scale, process technology and product quality are all in a leading position in the industry. In recent years, despite the rising prices of raw materials and the continued deterioration of disorderly competition in the aluminum powder industry, the sales market coverage remains Reaching more than 60% of the domestic market, it is the largest and most technologically advanced manufacturer of fine aluminum powder in China.

4. Tourism services

The tourism service industry sector mainly includes Shenzhen Sunshine Hotel, Sanya Resort Hotel, Jinyuan Hotel and Shichang Railway, Zhangjiajie Airport, and Huanghua Airport. As of the end of 2006, the company's total hotel assets were 1.132 billion yuan and net assets were 441 million yuan. In 2006, the operating income was 282 million yuan and the profit was 42.87 million yuan. The three hotels have maintained a good reputation in the regional market and have a certain competitive position.

The company currently has 19 holding companies, including 7 wholly-owned subsidiaries, 11 holding subsidiaries, 1 listed company, and 11 important joint-stock companies, forming an enterprise group of a certain scale. As of the end of 2006, the company's total assets (consolidated) were 16.9 billion yuan and net assets were 9.44 billion yuan. The company and its holding company currently have 2,500 employees, including 120 at the company headquarters. In 2006, the company achieved a main business income of 1.097 billion yuan and a total profit of 304 million yuan. It is one of the state-owned enterprises in Hunan Province with strong comprehensive strength, and is in an upper-middle position in the national investment industry. The organizational structure is shown in the figure below:

Xiangtou Group’s 2008 Annual Work Conference 2008-4-17

The main leaders of the Provincial State-owned Assets Supervision and Administration Commission visited the group company for investigation 2008-1-16

The first unit of Hunan Tongwan Hydropower Station was put into operation on 2008-1-4

The total investment of 1.398 billion Jintian Titanium Project Changde started on 2008-1-4

I The first provincial-controlled thermal power unit with over one million kilowatts was officially put into operation 2007-12-14

2007-12-14

The group launched poverty alleviation activities 2007-11-28

Xiangtou Xiaoxi Company fully mobilized and strived to generate electricity on schedule 2007-11-20

Xiangtou Group and its hotels won the "Huatian Cup" 2007-11-20

Xiangtou High Venture Capital Company invested in CSR Times 2007-11-20

The group company held a commendation meeting for outstanding party members 2007-9-26

Continuing to write that glory comes from "quality" - —Jinyuan Hotel once again won the world's "Golden Key" 2007-9-14

Leaders of the Provincial People's Congress investigated the construction of Tongwan Power Station 2007-9-14

Chairman Li Jing'an visited Yiyang II Electricity Inspection and Guidance Work 2007-9-14

Company Chairman Li Jing’an visited Copper and Electricity Company to inspect and guide work 2007-9-4

The Group Company’s 15th Anniversary Celebration and 2007 First The half-year business analysis meeting was a complete success 2007-8-29

Join forces to enhance competitiveness 2007-6-18

Yunnan Development Investment Co., Ltd. visited our company for inspection 2007-6 -18

Jinyuan Hotel carefully prepared for the Zhuhai Fair 2007-6-2

The Xiangtou Holding Group Office Director Symposium and Secretarial Staff Training was held at Jinyuan Hot Spring Villa 2007- 5-31