In recent years, the state has made a series of deployments to promote high-quality development. Jiao Qisen, Chairman of China Jing An , said that against the backdrop of the national strategic orientation, enterprises, as the microcosmic entities of the economic society, are the first to face the era proposition of how to achieve high-quality development.

"Since its establishment in 1986, China Jing An has experienced nearly 40 years of intensive cultivation. It has benefited from the dividends of the reform and opening-up era and also withstood various challenges and impacts emerging during the rapid development of the economic society. In this process, China Jing An has gradually established two main business directions, namely energy and chemical industry and high-tech. It firmly shoulders corporate responsibilities for ensuring national energy security, promoting the stable development of the economic society, and improving the people's living standards of happiness," introduced Jiao Qisen.

It is understood that in recent years, guided by revolutionary technological breakthroughs and innovative allocation of production factors, China Jing An has vigorously developed the low-altitude economy and intelligent security based on low-orbit satellite technology and terahertz technology. It has continuously promoted the informatization and intelligent development of industries, obtained more than 300 related patents, and gradually realized the application and promotion of satellite communication, prospecting, terahertz security inspection, intelligent farmland, etc.

The reform of the system and mechanism centered around innovation-driven is of great significance. As a deep participant in the capital market, Jiao Qisen deeply feels the importance of making good use of the power of capital to boost the development of the real industry. Jiao Qisen believes that industrial mergers and acquisitions carried out around the same industry and the upstream and downstream of the industrial chain are efficient means to improve the company's operation quality and market competitiveness. However, in the process of expecting to seize opportunities to inject high-quality assets and clear out inefficient production capacity, enterprises still face a series of practical difficulties. In this process, enterprises need the effective support of securities regulatory authorities. For example, further optimize the review mechanism for mergers and acquisitions and restructuring, support the implementation of "rapid review" for projects that meet relevant conditions, increase the inclusiveness of restructuring valuations, and support the two parties of the transaction to reasonably price on the basis of market-oriented negotiation. Of course, all parties participating in mergers and acquisitions and restructuring should perform their respective duties in accordance with the law and jointly maintain the healthy development of the capital market. (Shao Wen)

Article Source: Xinhua News Agency Client, Economic Information Daily