The Influence Of Mixed Ownership Reform On Tefa Information Performance

The Third Plenary Session of the 18 th CPC Central Committee pointed out that economic system reform is the focus of comprehensive deepening reform,and state-owned enterprise reform is the core of the national economic system reform.The 19 th National Congress pointed out that it is necessary to deepen the reform of state-owned enterprises and develop a mixed-ownership economy.As an important breakthrough in the reform of state-owned enterprises,the reform of mixed ownership plays a far-reaching role in the reform of state-owned enterprises.Shenzhen is a front-line position for reform and development.It has also been at the forefront of the country in the reform of mixed ownership of state-owned enterprises,providing many pioneering and pilot experiences for the country.This paper selects Shenzhen Tefa Information.,a listed company controlled by Shenzhen State-owned Assets Supervision and Administration Commission,as the research object,Analyzing and studying the background,process,method and performance change of the mixed ownership reform of Tefa information.Attempts to find out the main reasons for the changes in the performance of the Tefa information under the reform of the ownership system,so as to provide reference and reference for state-owned enterprises in other provinces and cities.After the listing of Tefa information to the reform of mixed ownership,develop slowly,stock prices were sluggish,and the main business was overcapacity in the market,facing tremendous transformation pressure.Then,under the guidance and support of the party and the government,the two private enterprises with upstream and downstream relations and the implementation of the core employee stock ownership plan were merged to carry out the reform of mixed ownership.After the reform of the mixed ownership system,the financial data of all aspects of the enterprise and the stock price of the secondary market have been greatly improved,and the value-added value of the state-owned assets has been realized.Through the research,this paper finds that Tefa information carries out the reform of mixed ownership under the support of relevant government policies,selects the mixed reform path consistent with the company's development strategy,and fully exerts the synergy with the merger company,and the market business was broadened.and realized employee shareholding through equity incentives,The equity structure has been improved,the corporategovernance mechanism has been improved,and the enthusiasm of employees has been stimulated.Signed an interest compensation agreement with the original shareholder of the merged company to maintain and achieve the stability and growth of the performance of the Tefa information.