Shanxis post-80s generation was once the youngest official hall in China when they took charge of the worlds 500 powerful enterprises.

category:Society
 Shanxis post-80s generation was once the youngest official hall in China when they took charge of the worlds 500 powerful enterprises.


On January 11, Xinjing News reporter learned from Shanghai Clearing House that Shanxi Coking Coal Group, the worlds top 500 enterprises, announced that the board of directors of the group had decided to appoint Huang Wei as general manager of Shanxi Coking Coal Group.

Huang Wei is a post-80s student from Yuanping, Shanxi Province. He graduated from Tsinghua University with a doctoral degree. In July 2017, Huang Wei was appointed Secretary of Shanxi Provincial Committee of the Communist Youth League and became the youngest official in the country at that time. Shanxi Coking Coal Group, under his leadership, is one of the largest state-owned enterprises in Shanxi Province and the largest coking coal production and processing enterprise in China.

In November 2018, the personnel arrangement of Xian Hi-tech Holdings Company Xian 100 billion state-owned enterprises are chairmen after 80 years and directors after 95 years of graduation was reported by the media. Since then, many post-80s have stepped into the positions of senior executives of large state-owned enterprises.

On January 11, the reporter telephoned Shanxi Coking Coal Group to find out the details of the personnel change, but was not connected.

Shanxi Coking Coal

Before the formal appointment, according to Shanxi Coking Coal Official Website, Shanxi Coking Coal Group held a cadre meeting on January 8. Qi Haibin, Vice Minister of the Organizational Department of Shanxi Provincial Party Committee, announced the appointment and removal documents of provincial Party Committee and provincial government and made a speech. Comrade Wang Maosheng served as Secretary and Chairman of the Party Committee of Shanxi Coking Coal Group; Comrade Huang Wei served as Deputy Secretary and Vice Chairman of the Party Committee of Shanxi Coking Coal Group, and nominated Comrade Huang Wei as General Manager of Shanxi Coking Coal Group.

New Beijing News reporter from the official website of Shanxi Coking Coal Group found that Huang Wei has officially assumed the post of general manager.

According to Shanxi Coking Coal Official Website, Wang Maosheng and Huang Wei met with Wang Zhengdong, Vice Dean of Continuing Education College of Zhejiang University on January 10, and exchanged views on strengthening cooperation in cadre education and training.

Huang Wei said that the College of Continuing Education of Zhejiang University has brought many new concepts and ideas to Shanxi Coking Coal. He hoped that the two sides would further enhance exchanges and cooperation in the future, constantly explore innovative training models and methods, lay a solid foundation for improving the quality of Shanxi Coking Coal Cadres, and promote the transformation and development of enterprises.

According to the announcement, Huang Wei, a senior engineer with a doctorate degree, is a native of Yuanping, Shanxi Province. In July 2017, Huang Wei was appointed Secretary of Shanxi Provincial Committee of the Communist Youth League and became the youngest official in the country at that time.

In the introduction of Tsinghua University Alumni Network, Huang Wei was escorted to Tsinghua University in 1997. He chose the major of chemical engineering because of his personal interest. After graduation, he continued to study as a graduate student and engaged in the preparation of high-purity carbon nanotubes. After graduation in 2004, Huang Wei worked at PwC for one year, then returned to the chemical industry specialty, and joined China Shenhua Coal and Oil Chemical Co., Ltd. as a process engineer. He was the general coordinator and technical manager of Shenhua Dow Yulin Coal Chemical Co., Ltd. and the project manager of Shenhua Russian Coal and Oil Integration Project. In April 2011, Huang Wei was appointed Deputy General Manager of Shanxi Luan Mining (Group) Co., Ltd., in charge of coal chemical business.

During the period of Luan Mining, Huang Wei led a number of large-scale projects, including the 12th Five-Year Plan key projects supported by the State Energy Administration. Huang Wei is also responsible for cutting-edge technology research and development and other work. He has proposed to make efforts to sell coal chemical products according to gram instead of ton.

This time, Huang Weilu Shanxi Coking Coal Group is the largest coking coal production and processing enterprise in China, and the largest coking coal market supplier in the country. According to Shanxi Coking Coal Official Website, the Group was established in October 2001 and is a wholly state-owned enterprise in Shanxi Province. There are 25 subsidiaries of Xishan Coal Power, Fenxi Mining, Huozhou Coal Power, Huajin Coking Coal, Shanxi Coking, Yuncheng Salinization, Shanxi Coke, Xishan Coal and Electricity Co., Ltd., Shanxi Coking Co., Ltd., and Nanfeng Chemical Co., Ltd. as well as three A-share listed companies.

Shanxi Coking Coal Executives Checked

Over the past few years, Shanxi Coking Coal Groups top management storms continue.

In 2011, the robbery at home of Bai Peizhong, former chairman of Shanxi Coking Coal Group, caused a sensation. Bai Peizhong asked Dai Laiwei, then deputy director of Taiyuan Public Security Bureau, to help reduce the amount of looted property in order to avoid exposing economic problems due to inconsistency between family property and income, according to the Weixin Public Number of Jiangsu Higher Court. Finally, the court determined that the value of the robbed property was 10.78 million yuan. In December 2016, Bai Peizhong was sentenced to 13 years and 6 monthsimprisonment for bribery and bribery, and fined 3 million yuan.

At the same time, Liao Shunzhu, former deputy general manager of Shanxi Coking Coal Group, who once bribed Baipeizhong, was sentenced to 16 yearsimprisonment and a fine of RMB 2 million by the Suzhou Intermediate Court for several crimes of embezzlement, bribery, bribery and huge amount of property of unknown origin.

In March 2015, Liu Shengrui, former deputy general manager of Shanxi Coking Coal Group, was investigated for serious violations of discipline and law. According to Liu Shengruis indictment for suspected bribery and bribery (Criminal Procedure No. 6, 2016) issued by the Peoples Procuratorates Case Information Open Network, Liu Shengrui accepted entrustments from others to seek benefits for others and illegally accepted 49 peoples property totalling about 19.5388 million yuan. In addition, Liu Shengrui has repeatedly bribed Baipei, involving property converted into RMB totalling more than 120 yuan. Ten thousand yuan. The procuratorial organs believe that Liu Shengrui should be investigated for his criminal responsibility for the crime of accepting bribes and bribery.

In May 2018, according to Xinhua News Agency, Wang Shaojin, Standing Committee of the Party Committee of Shanxi Coking Coal Group, Deputy General Manager and Secretary of the Party Committee of Fenxi Mining Group and Chairman of the Board, was punished for eating and drinking too much.

Shanxi coking coal liabilities exceed 200 billion yuan

For Huang Wei, Shanxi Coking Coal Group, which he succeeded, has achieved good results at present.

According to the data disclosed on its official website, from January to November 2018, Shanxi Coking Coal Group realized business income of 162.624 billion yuan, an increase of 28.051 billion yuan, an increase of 21%, and realized profits of 3.976 billion yuan, an increase of 2.424 billion yuan, an increase of 156%.

However, Shanxi Coking Coal Groups long-term cumulative debt scale is still huge.

According to the third quarter financial report of Shanxi Coking Coal Group in Shanghai, the total assets and liabilities at the end of the period are 303.064 billion yuan, 226.454 billion yuan and the converted liabilities rate is 74.7%.

At present, Shanxi Coking Coal Group is speeding up resource restructuring.

At the beginning of 2018, Shanxi Coking Coal announced a mixed reform plan, which said it would guide the Groups second-level companies to promote mixed reform and introduce strategic investors. In December 2018, Shanxi Civil Explosion Group Co., Ltd., led by Shanxi Coking Coal, was officially established with Shanxi Coking Coal Chemical Company as the main body. Wu Huatai, then Secretary and chairman of the Party Committee of the Coking Coal Group Company, said that Shanxi Coking Coal will accelerate the substantive optimization, restructuring, healthy operation, transformation, upgrading and development, and promote the reform of mixed ownership and reorganization and listing of enterprises.

In November 2018, Shanxi SASASAC released 108 projects with net book value of more than 34 billion yuan, opening up cooperation with social capital and private enterprises. The newly formed Shanxi Civil Explosion Group is also included in the project.

According to the official website of Shanxi SASAC, These projects belong to beautiful women who marry first and choose the best among the provincial state-owned enterprises. They can increase capital and expand shares or transfer equity. They can hold absolute shares and relative shares, providing different choices for different types of investors and various types of social capital.

At the cadre meeting on January 8, Qi Haibin, deputy director of the Organizational Department of Shanxi Provincial Committee, made it clear that we should firmly focus on the main industry and strengthen the main industry, accelerate the integration and reorganization of high-quality coking coal resources inside and outside Shanxi Province, enhance the concentration of coking coal industry, give full play to the head goose effect of Shanxi coking coal in the national coking coal enterprises, and promote Shanxi coking coal and Chinese coking coal to the world.

Huang Wei said in his public speech that the development of Shanxi coking coal is related to the development of the whole province and even the whole countrys coal industry, the overall situation of high-quality development of the provinces economic transformation, the vital interests of hundreds of thousands of cadres and workers, and the next step will be to make every effort to contribute to the new development of enterprises.

Source: Author of Beijing News: Zhu Yongyi, Zhao Yibo, responsible editor: Shi Jianlei_NBJ11331