Zhejiang International Business Group is a provincial enterprise, which was established in 2008 based on the merger of former Rongda Group, Zhongda Group and Orient Group. It is mainly engaged in three major industries of trade and business circulation, financial services and life and health, has more than 300 holding enterprises at all levels, and holds four listed companies, namely Zhejiang Orient (SH600120), Int'l Group (SZ000411), Conba (SH600572) and Yilida (SZ002686), with more than 20,000 staff members in service, and nearly 30,000 employed persons.
For the past few years, the Group adheres to the principle of leading development by Party building, releasing driving forces by reform, stimulating vitality by innovation, and promoting integration by culture. As a result, the Group's operation quality and efficiency have been greatly improved, and its main indicators have hit a record high in succession. The Group has made breakthroughs in transformation and development, and established a positive development trend in an all-round way. In 2019, the compound growth rates of revenue, profit, total assets and net assets of the Group were 21.7%, 40.2%, 23.8% and 17.9% respectively. In the same year, its revenue was 63.93 billion yuan, profit 2.93 billion yuan, total assets 99.3 billion yuan, net assets 28.96 billion yuan, ranking 304 in Top 500 Chinese enterprises, and ranking second in comprehensive assessment of provincial enterprises.
——New year's greetings in 2021
Heaven and earth have their own time, and the four seasons are formed.
Bathed in the initial rising sun, we bid farewell to the challenging and promising year 2020 and usher in the hopeful and enterprising year 2021. In the just passed year 2020, we all worked very hard, especially the frontline colleagues. If we didn't work hard, how could we achieve today's results. Hereby, on behalf of the Group, I would like to express my heartfelt thanks to all of you for your hard work and selfless dedication in the past year, and to all leaders at all levels, retired colleagues and friends from all walks of life who care about and support the cause of the Group.
Happy New Year to you and your family!
The times lead the pace of development, and the years engraved the footprints of struggle. Looking back on the "13th Five-Year Plan", we adhere to the "1234" development idea, focus on the "3137" "first-class enterprise" goal, adhere to the general principle of "transformation, development, breakthrough", uphold the spirit, undertake responsibilities, strive for excellence, and draw a magnificent picture of reform and development. We have adhered to high-quality development and significantly improved the quality and efficiency of our operations. From 2016 to 2019, the compound growth rates of revenue, total profit, total assets and net assets reached 21.67%, 40.22%, 23.83% and 17.86% respectively. We deeply integrate into major strategies, plan the layout in advance, and successfully transform into "3+1" industry. The trade and business sector strives to be a vanguard in implementing " strong open province" strategy, the financial sector strives to be a major force in financial services for real economy, the pharmaceutical sector strives to be a leader in the construction of "Healthy Zhejiang", and the intelligent manufacturing and quantum communication strives to be the new forces of strategic emerging industries. We strengthened reform and innovation, integrated 9 trade and business enterprises, completed 109 major asset restructuring and equity transfer of Int'l, introduced strategic investment of China Resources Pharmaceuticals, established TCM Group, held Yilida and Conba, and ZIBG (Zhejiang International Business Group) "Double 100 Action" reform. The momentum of development has become stronger. We have improved corporate governance, continued to improve management, promoted IT application, and strengthened risk prevention and defuse, thus laying a more solid foundation for development. We have adhered to the guidance of Party building and exercised strict discipline over the Party. Our political environment has become increasingly cleaner.
After five years of struggle, the Group has achieved great transformation, stood in the forefront of provincial enterprises, and established a positive development trend.
Suffering Trials and Hardships, "It is not easy to say I love you". 2020 has been an extraordinary year. Despite the haze of the epidemic, we have the great strength to fight it; Despite the hardship of management, we have the joy of harvest.......
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and focused on the new objectives and positioning of the "important window," we shouldered the responsibility of state-owned enterprises, maintained strategic focus, and innovated our thinking in an all-round way. We have gathered power for development, enhanced reform, improved efficiency for governance, and have made major achievements in "two tough hands win two battles" , with main business indicators leading the way (estimated revenue over 70 billion yuan, profit over 3.5 billion yuan), we've struggled to deliver "six high-score statements", and successfully concluded the "13th Five Year Plan". These achievements have gathered the wisdom and strength of all the ZIBG people and highlighted the outstanding style of the state-owned enterprises.
Beset with difficulties, we take a heavy burden and embark on a long road. The year 2021 marks the 100th anniversary of the founding of the Party, the beginning of the 14th Five-Year Plan and the start of a new journey of modernization, as well as the first anniversary of the building of "important window".
Standing a new starting point in the new stage of development, ZIBG people should maintain "two maintenance" political consciousness, have a good start, show a brand new look, always keep striving attitude, stimulate creative tension, integrate into the new development pattern, focus on high quality development, competitiveness improvement, modernization first, give priority to "great improvement", highlight reform and digital empowerment, adhere to "one modernization and two concentrations", and continue to integrate into the major strategy, to promote industrial shaping, and to deepen reform and innovation, striving to take the lead in smooth double circulation, in serving the real economy, and in building a scientific and innovative highland for life and health. We will contribute ZIBG's strength in faithfully implementing the "eight eight strategy", striving to build an "important window" and to be the leading province of socialist modernization, so as to ensure that the 100th anniversary of the founding of the Party is celebrated with distinction.
We write the present with struggles, and create the future with efforts. As the New Year bell is about to ring, let us welcome 2021 with confidence and expectation.
Once again, I wish you a happy New Year!