After the national conference on the deployment of visiting listed companies and promoting the high-quality development of listed companies, Nantong City and Haimen District set up a working group to implement the spirit of the meeting, attach great importance to and make careful arrangements, and promote the high-quality development of listed companies in their territories based on solving the specific difficulties of listed companies.
On February 7, after the Nantong Municipal Financial Bureau and Haimen District conducted a special investigation of Zhongnan Group, on the morning of February 19, at the communication meeting of the support company of Zhongnan Construction Organization, Shen Xudong, deputy secretary of the Haimen District Party Committee and head of Nantong City, Zhou Guoqiang, member of the Standing Committee of the Haimen District Party Committee and executive deputy mayor, Zhang Wenjin, deputy head of Haimen District, Chen Jie, director of the Housing and Urban-Rural Development Bureau, Chen Jian, deputy director of the Propaganda Department, and Wang Hongxin, director of the Financial Bureau, attended the meeting. Brokerages and other investors and representatives attended the meeting.
Zhongnan Construction introduced at the meeting that as the largest private construction and real estate enterprise in Nantong, Zhongnan has won the Nantong tax championship for many years. In the past two years, more than 170,000 residential units have been delivered, and there has been no default on onshore open market bonds, and the scale of the company's interest-bearing liabilities has been significantly reduced. In the face of market challenges, the company has always faced up to the pressure and maintained steady operation.
At the meeting, Zhang Wenjin, deputy head of Haimen District, said that in the past three years, Nantong City and Haimen District have made a lot of efforts for the steady development of Zhongnan Construction, including leading enterprises to participate in provincial and municipal organization coordination meetings nearly 100 times, establishing a special coordination mechanism for government and enterprises, helping enterprises to dispose of assets, collect project arrears, revitalize regulatory funds, coordinate the extension of financial institutions, and effectively implement measures such as local state-owned assets acquiring project equity. The next step will be to support the company's development in 7 aspects, including but not limited to: the establishment of a special class for government and enterprises in the capital market and the establishment of a rapid coordination mechanism; further coordinate the negotiation between the company and financial institutions to support and help the corporatization of debt; Promote the cooperation between local state-owned construction enterprises and the company's construction business at the project level, and further support the company's participation in the construction of major local projects; Support social capital to set up investment through market-oriented mechanisms, introduce strategic investors, and increase the company's shares; Under the premise of marketization and legalization, we will further increase the revitalization of the company's assets and provide necessary liquidity assistance; Help the company's shareholders communicate with financial institutions, and coordinate with local courts to gradually resolve the risk of share pledge; Accelerate the implementation of the company's whitelist project, and support the company to further do a good job in ensuring the delivery of buildings and ensuring people's livelihood.
Zhang Wenjin pointed out that the construction of Zhongnan has made great contributions to the local area. In the past three years, Zhongnan Group has paid 11.4 billion yuan in taxes in Jiangsu Province. Since 2003, Zhongnan has built a new countryside in Changle Town, Haimen, Nantong, which has improved the appearance of its hometown and promoted common prosperity. For more than 30 years, Zhongnan has actively participated in charity and public welfare undertakings, relying on its own resources and professional organizations, and has continuously practiced its social responsibilities in donating to education, increasing employment, disaster relief, poverty assistance, etc., with a total investment of more than 1 billion yuan. Haimen District will coordinate the resources of financial institutions and other parties to help the construction of Central South China achieve high-quality development.
Zhou Guoqiang, member of the Standing Committee of the Haimen District Party Committee and executive deputy mayor, said that Zhongnan Group is a leading enterprise in the local construction field and real estate field in Haimen, and in terms of ensuring delivery and performance, Zhongnan will deliver a total of 100,000 houses in 64 cities in 2023, complete 61 performance projects in the construction sector, and accelerate a number of major infrastructure projects undertaken, reflecting the social responsibility of leading enterprises. At present, from ** to the provinces and cities, they are very concerned about the development of Central and South China. Since the emergence of risks in the industry, Jiangsu Province has set up a special work class for Zhongnan. Nantong City and Haimen District have also set up corresponding working groups to play a certain role in the relending of bank funds, the coordination of the open market, the collection of funds, the delivery of buildings, and the resolution of debts. Haimen District will, as always, firmly support the development of Zhongnan, and make good use of policies to go all out to ensure the delivery of buildings and people's livelihood.
Shen Xudong, deputy secretary of the Haimen District Party Committee and head of the district, said that the construction industry where Zhongnan Group is located is not only a pillar industry but also an industry that enriches the people, and in the past three years, Zhongnan Group has contributed more than 20 billion yuan in taxes across the country, and even in 2023, it will pay 2.6 billion yuan in taxes, playing the role of a pillar enterprise. In terms of enriching the people, Zhongnan Group has provided more than 100,000 jobs and made important contributions to people's livelihood. The construction sector of Zhongnan has 10,000 high-level construction technical talents, and its resource endowment is second to none in the country. Under the leadership and guidance of the best at all levels, Haimen District will go all out to support Zhongnan to resolve risks.
Yu Zhaopeng, deputy general manager of Jiangsu Assets, said that in the future, under the leadership of Nantong City and Haimen District, it will serve listed companies well, help enterprises actively extend debts, sort out relevant resources and formulate support measures.
At the meeting, Chen Jinshi, chairman of Zhongnan Construction, deeply thanked Nantong City, Haimen District and other relevant units for participating in this event, and said that the company is confident to maintain resilience under the bottoming period of the industry and promote the return of the company's value to rationality.
Recently, with the acceleration of the implementation of the urban real estate financing coordination mechanism, Zhongnan Group has included a number of projects in Nantong, Qingdao, Kunming, Chongqing and other places into the first batch of financing support "white list", and other projects are also joining one after another, and related projects are docking financing.
In response to the requirements of the provincial party committee and the provincial party committee, the functional departments of Nantong City and Haimen District have actively innovated and launched policies and measures to help enterprises through in-depth "consultations" on the front line of listed companies, taken the lead in coordinating financial institutions to support the development of enterprises, and cohesively played the role of "ballast stone" in promoting the high-quality development of listed companies, which has important guiding significance and demonstration effect for boosting market confidence, implementing the new development concept, and accelerating the construction of a new development pattern.