Research On The Performance Of Mixed Ownership Reform Of State-Owned Enterprises

With the upgrading of domestic economic transformation situation,the importance of deepening the reform of state-owned enterprises to adapt to the current economic environment is self-evident.The reform of mixed ownership is an important step in deepening the reform of state-owned enterprises.Through the introduction of different ownership capital,employee stock ownership and other mixed reform path to carry out mixed ownership economy,improve the original single ownership structure of state-owned enterprises,optimize the corporate governance structure of state-owned enterprises,and stimulate the vitality of state-owned enterprises.Since the mixed ownership reform policy was put forward,state-owned enterprises all over the country have responded positively.In the early stage of mixed reform,some problems such as low efficiency of state-owned enterprises were solved to a certain extent.However,with the deepening of the mixed ownership reform of state-owned enterprises,the obstacles and problems of the reform become more and more obvious.How to effectively carry out the mixed reform and how to speed up the reform speed and scale while giving consideration to the quality and efficiency of the reform still need to continue to explore and study.Based on the case of the mixed ownership reform of Advanced Technology and Materials Co.,Ltd,combined with the current situation of the industry and enterprise of Advanced Technology and Materials Co.,Ltd,this paper analyzes and summarizes the experience and shortcomings of the mixed ownership reform of Advanced Technology and Materials Co.,Ltd,and provides enlightenment and suggestions for the state-owned enterprises that have not yet carried out the mixed ownership reform.On the basis of literature review and theoretical analysis of mixed ownership reform,this paper first analyzes the mixed reform process of Advanced Technology and Materials Co.,Ltd.science and technology from the aspects of mixed reform motivation and mixed reform path,and then analyzes the impact of mixed ownership reform on the performance of Advanced Technology and Materials Co.,Ltd.science and technology enterprises from the mechanism.After that,this paper analyzes the performance changes of Advanced Technology and Materials Co.,Ltd before and after the implementation of mixed ownership reform through the comparison of market indicators,event research method,traditional financial indicators and factor analysis method.After analysis and research,this paper draws the following conclusions on the relationship between the mixed ownership reform of Advanced Technology and Materials Co.,Ltd and enterprise performance.1.The mixed reform improves the market performance of Advanced Technology and Materials Co.,Ltd;2.The mixed reform improves the financial performance of Advanced Technology and Materials Co.,Ltd;3.Although the mixed reform of Advanced Technology and Materials Co.,Ltd improves the enterprise performance,its sustainability is insufficient.Finally,this paper summarizes the highlights of the reform of the mixed ownership system of Advanced Technology and Materials Co.,Ltd.science and technology,and extracts the reference points for other state-owned enterprises from four aspects: first,we should choose the appropriate mixed reform object before the mixed reform;second,we must gradually promote the reform of the mixed ownership system of state-owned enterprises.Thirdly,the information of mixed ownership reform should be disclosed in all aspects of the whole process.Finally,after the mixed ownership reform,we must establish the relevant system.