Study On The Influence Of Mixed Ownership Reform On Financial Performance Of Yunnan Baiyao Group

Along with the continuous deepening of market economy reform,the development moment um of China's state-owned enterprise reform has become more and more fierce.At present,it i nsists on public ownership as the main body and mixes the modes of common development of multiple ownership economies.At the beginning of its development,it carried out a new round of resource allocation and adjustment based on the original reforms,which fundamentally incre ased the market share of enterprises and improved its core competitiveness.The reform of state-owned enterprises is imperative.With the advancement of the reform process,the reform of st ate-owned enterprises has gradually transitioned to the deep water area.Under this developmen t situation-due to the continuous adjustment of the shareholding structure and the financial stru cture of the company,its development also has great obstacles,which cannot be ignored.According to the major decision on "all-round deepening reform" made by the Third Plena rv Session of the 18th Central Committee of the Communist Party of China.China's deepening of the reform path has gradually improved its goal of economic reform of mixed ownership.Co mprehensive evaluation of the financial results of state-owned enterprises that have basically c ompleted the mixed changes,and an indicative case for state-owned enterprises that are underg oing mixed reforms.As a comparison,Yunnan Baiyao Group,a national pilot company,was se lected as a pilot object which was evaluated by various evaluation criteria such as enterprise m anagement,property rights knowledge,contract theory,etc.,and the excellent upgrading and tr ansformation of Yunnan Baiyao Group before and after the reform.In-depth study.For the dire ct or indirect economic production benefits generated by Yunnan Baiyao Group after the mixed reform,the system should be systematically evaluated through the mixed financial statements.Practice has shown that the "national advancement" development thought put forward by the st ate has made Yunnan Baiyao Group achieve outstanding results after in-depth reform.The com petitiveness of enterprises in the market is rising and the economic benefits are rising.Therefor e,the guidelines for the reform of mixed ownership proposed by the Third Plenary Session of t he 18th CPC Central Committee are correct and can be applied to the successful cases of pilot enterprises in the state-owned enterprises that are currently or will be implemented.