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China gaoxin investment group corp.'s developing log

Year 1986

In august. state department held the 116th standing meeting. It said: we should grasp the advantaged opportunity that the appreciation of Japanese currency and the adjustment of industrial construction in a number of countries and areas; to try our best to develop the light and textile industries and occupy the world market as soon as possible.

On 5th Dec., according to the spirit of the state department ’s 116th standing meeting, after the discussion the State Plan Commission decided to arrange RMB0.5 billion investment and 2 billion infrastructure  scale as the special capital to enlarge the export of light and textile products. And they also decided to organize the correlative department to build the leading group of project bidding.

11th dec,the project leading group set up,also set up the State Plan Commission light and textile export products frastructure office.the leading member include the vice-director of State Plan Commission,mr.liu zhong yi,vice minister of light industry ministry,mr.wang wen ze,vice minister of textile ministry,mr.he zheng zhang,vice minister of foreign trade ministry,mr.wang pin qing,minister assitant,mr.zhu you lan.the vice president of bank of china,mr.yang hui qiu.the vice president of china construction bank,mr.zhou han rong,and  concerned imort&export corp main leader.it’s main task is to organizes,leadship,decision of  the important issue in the bidding.the light and textile export products frastructure office in the charge of the director of light and textile bureau of State Plan Commission,mr.lin yi ze.the general engineer of investment bureau,mrs.sun hui ming.it’s main task is to assorted with concerned relationship,carry out the investigation,make out the bidding doocuemtns,organize the appraise of bidding subject,put into effect the fund plan of  bidder subject.also organize the operation team to carry out the daily work.

On 20th dec,the investment bureau and light&textile bureau to report to the director of state Plan Commission,mr.song ping and vice director,mr.fang wei zhong to put forward the issue how to effectively use of the special fund.one point is that the fund should not been cut off into piece.to use the fund repayly.the returned fund and its profits still use by the special fund turnoverly.secondly the fund arrangement ensure by the bidding leading group,then permitted by the state Plan Commission to list as the state investment plan.mr.song ping instruct out:”it’s one kind of reform,I agree to try,please report to mr.wang bing qian for approval”.

25th dec.the minister of finance,mr.wang bin qian sned letter to director of the state Plan Commission,agree that arrange the enlarge the special fund”repay use,special item management”,do not cut it into piece,to adopt the subject bidding.also agree to continue use it’s profits turnoverly after it reclaim.the fund will submit to the state finance.

27th dec.the state Plan Commission send out the light&textile export product capital construction bidding temporary ways and light&textile export product capital construction bid letter requirement.to inform the 12 keystone city such as Beijing,shanghai,tianjin,Guangzhou,dalian,qingdao,suzhou,wuxi,changzhou, nantong,hangzhou,foshan,ask them to report the first batch transform&enlarge construction subject which aims at advance the process depth,grade and quality to enlarge the export of the light&textile products.

Year 1987

On Jan. 16, the person in the capital construction project office that export light and textile products of State Plan Commission, who were from the Light and Textile Bureau, Integration Bureau, Investment Bureau of State Plan Commission, concentrated in State Plan Commission to start up the task. The capital construction project office that export light and textile products had been operated completely.

6th feb,for the purpose of the bidding item appraisal,to set up seperatly the 7 experts appraise group include textile,silk,dress,food,light industry products,arts&crafts item,homemade&livestock products.those group consist of the experts from light industry ministry,textile ministry,specilised import&export corp,bank of china,china construction bank,investment bank and charter party corp.

10th march.accordingly to the requirement oftwo,three,four,five,six interior target.e.g:the construction period is not more than 2 years,the repay period after the construction not more than 3 years.the newly-gained foreign exchange is not less than 0.4 us dollars per 1 chinese yuan investment.the prepare enterprise-itself not less than  50%.the products export ratio is not less than 60%.by the appraise of the appraise group.the capital construction office audit106 subjects was choosed from the first bidding 230 subjects.

14th march.the vice director of the State Plan Commission,mr.liu zhong yi preside the second meeting of the light&textile export capital construction bidiing group.the advisor of State Plan Commission.mr.li ren jun.vice-director.mr.chen guang jian,the vice-ministe textile ministry.mr.he zhen zhang.the vice minister of light industry.mr.wang wen ze.the vice president of bank of china,mr.yang hui qiu,the vice president of construction bank,mr.li xi kui.the vice minister of foreign trade ministry,mr.he xi zhao and leading leader of import&export corp concerned attend the meeting.the meeting sudit and approve 79 subjects of the first lot,also prepose the detailed opinion and requirement for the next work.

20th march.the State Plan Commission issue the plan1987350# documentsyear 1987 infrastructureplan .to arrange the special budget fund of 0.475 billion.the prapre-itself fund of 1.425 billion.self-prepared investment scale 1.425 billion.

26th march.the first bidding construction unit to sign the subject construction agreement with the construction office.to definitude the construction content,special fund rrangement,construction period ,repay time,etc regarding of the mutual partys responsibility and obligation.

30th april.the State Plan Commission,finance ministry,custom chief office issue the plan-light1987670#documents.notice of import equipment tax-reduction for the special fund invested subject of key light&textile products export,to confirm that for the import equipment for the bidding subject half collet the import custom tax and products tax.

8th may.the State Plan Commission issue the plan-export19872# documentsnotice for the  capital construction investment plan and financial management of the first bidding subject,to propose the detailed requirement for the bidding subject financial management.

18th may. the State Plan Commission issue the plan-light198775# documentsnotice for the prepare-elected work for the second lot light&textile export productscapital construction bidding.the second bidding work begin formally.the second bidding subject acope extend to the whole country.

24th august.by the on the spot inspection and choose recomand,after the capital construction office auditing,to choose 240 subjects from 405 bidding subject principium.shandongkongfu jia win,Beijing tiantan furniture,Beijingdadao,shanghaihome chemical,shanghaihero win the bidding.

26th august, the State Plan Commission issue formallytemporary way of the management for the light&textile export products construction special fund

12th September. the State Plan Commission issue the plan 19878# documentsnotice for the concerned matters of the light&textile export products capital construction subject

25th sept. the State Plan Commission issue to arrange special fund for the light&textile export products by theway of bidding

25th nov.the finance ministry issue the 87finance budget 182# docuemtnsregarding of the reply to the issue of light&textile export special fund.

8th to 13th dec.the office of the light&textile product capital construction subject organize the colloquia meeting of the first lot light&textile export products capital construction actualize condition.the cities Plan Commission which the bidding subject located in and light industry ministry.textile ministry,foreign trade ministry.farming,herd,fishery industry ministry.construction bank,investment bank,china charter party corp and the light industry,textile ,grains&oil,arts&crafts,soil&livestock import&export general corp sne staff to attend the meeting.at the meeting.to exchange the experience in th ebidding work,also propse the suggestions for th efutures bidding and management work.

20th dec. the State Plan Commission issue plan comprehensive 19872390# documentsyear1988 infrastructure plan

26th dec. the State Plan Commission,finance ministry,construction bank issue the plan export 1987】10#the notice regarding of the light&textile export infrastructure subject special fund listed seperately

  year 1988

On Feb. 11, the document 19881# notice regarding of the management temporary way for the light&textile export products infrastructure subjectof State Plan Commission was promulgated, it involved four parts: the management of project, engineering, finance, the assess and return the loan after finishing the project.

10th march.the director of the State Plan Commission light&textile bureau,mr.lin yi ze.the general engineer of the investment bureau.ms.sun hui ming report to the  director of the Commission leader.prepare to change the office into the light&textile export products investment corp.rank as the bureau unit of state council.lead by the state machinery&electrical light&textle investment corp.the lead of the State Plan Commission.mr.fang wei zhong,ms.hao jian xiu,mr.liu zhong yi.mr.cheng guan jian,mr.li ren jun all agree it.

30th march.to set up the organization of prepare construction.mrs.sun hui ming and mr.zhao qing hua in charge of the prepare work.the office move from the state plan Commission building to the railway troops rest house located in the no.91 of wukesong street.the light&textile products investment corp consit of the 3 division,1 office(plan&financial division,light subjects division,textile division)

12th to 17th dec,the light&textile products capital construction office organize the national light&textile export products entrustment mangement colloquia meeting in guangdong foshan.the meeting subject is to inspect the first,second bidding subject carry out consition,to study the new bidding ways.almost 100 representative come from various province,municipality city plan Commission,economic Commission.light industry ministry,textile ministry,foreign trade ministry,construction bank head office.various import&export corp attend the meeting.

On Sep. 8, state investment group corp. of machine and electricity, light and textile products promulgated the 13th document of 1988. The name of the document wasthe application of setting up the investment group corp. of exporting light and textile products. In the document the application for establishing the investment group corp. of exporting light and textile products was formally put forward.

20th September,the State Plan Commission plan personnel 1988601# documents formally permit the setting up of the light&textile export investment corp.

10th oct.the State Plan Commission issue personnel 1988706# documents hold post notice regarding of the comrade sun hui ming,zhao qing hua,appoint comrade sun hui ming as the president of the light&textile export products investment corp.comrade zhao qing hua as the vice president of the corp.

6th nov, the State Plan Commission personnel bureau report to the State Plan Commission leader:considering of the  the state leader agree to treat the 6 specilised investment corp as the bureau treatment,it suggest that to equip the cadre as the bureau level for the national machinery&textile investment light&textile export products investment corp.the state Plan Commission vice director.comrade chen guang jian ,liu zhong yi,fang wei zhong all agree on the report.

29th nov.the state machinery&textile investment light&textile export products investment corp 198847#regarding of the apply for registration of the light&textile products investment corp formally report to the state industry&commercial management bureau.

year 1989

30th jan.the corp hold the meeting to sum up the work of year 1988.to collocation the plan of year 1989.in the year of 1988.the corp arrange totally 314 bidding subjects in the first and second lot.to check and accept the 90 subjects.accumulated formed the newly foreign earning ability 70 million.to callback the fund 13.15 milion yuan.the work target in 1989 is:to finish the evaluate,contract-signing,appropriate funds.the fourth lot bidding subjects elementary choose,review and the fund callback of old subject.

15th feb, the State Plan Commission issue plan comprehensive 198980#year 1989 infrastructure plan

19th april.approve by the state industry&commercial management bureau.the register capital of the corp shouldbe 0.2 billion(include the us.dollars 20 million).

30th april.the third lot bidding end for the light&textile export products construction.the third subject totally 715.bidding subject 168.from the third lot subject.the corp have expand the special fund usage scope.it according to the spirit of state council 45# documents.to adopt new way for the arrange of the state dealing in fund and cooperate with enterprises.it add the taking of the fixed income terms.to set up the condition and feel for experience for the state investment value-keep and valu-add steadly.

31th july.the general office of customs89tax reduction 482# docuemtns permit to half-collect the duty and val;ue-added tax for the imported equipement for the light&textile industry key export base investment subject.

2th august to 6th august.the corp organize the state light&textile export products subject management conversation in mupin,shandong province.based on the experience from the first and second bidding subject  management work.to propose the way of entrusted management in the main area for the bidding subject.the representative from plan commission of 21 province,city,municipality city.the construction bank head office,some branch of construction bank attend the meeting.

1th dec.to send the letter to the guangdong plan Commission.propose to set up the copr’s liaison team.to strength the corp’s directly management for the bidding subject.

Year 1990

28th jan,the corp organize all staff meeting.to sum up the work of year 1989.dispose the work of year 1990.in year of 1989.the corp totally arrange the third lot light&textile bidding subject 190,check and accept the subject 216.accumulated form the newly-added foreign-earning ability 0.44 billion.the same year.it callback fund 63.05 million.the work target of year 1990 is to do the forth bidding work well include the evaluate,contract-signing,appropriate funds.the elementary election and  review of the fifth bidding ,the fund callback for the old subject.

7th  feb. the State Plan Commission office bureau issue the plan office investment199044# documents《轻light&textile export products construct subject management temporary ways.and check and accept way for the light&textile  export products construction subject,the two docuemtns are based on the former light&textile export products construction subject actualize management temporary waysand light&textile export products construction subject check and acceptance way,to have some modifications accordingly to the new condition.

26th feb to 1st march.the corp organize the meeting of the state light&textile export products subject management  conversation.the meeting discuss the subject entrustment management ways and the distribution /supply issue for the bidding subjects three materials.the representative come from concerned Plan Commission of province,city,plan-listed separately city.the general construction bank,some of the construction branch and some of the bidding enterprises attend the meeting.

10th april. the State Plan Commission issue plan comrehensive 1990270# documents year 1990 infrastructure plan.arrange the light&textile export special fund 0.414 billion. Self-collecting  investment scale 0.925 billion.

30TH april.the fourth light&textile export product construction subject bidding end.the total tender for subject are 310.bidding  subject are 88.

18th july.the corp to organize the shenzhen guangda timber limited corp with hong kong guangda corp,shenzhen laiinda corp.register capital is the usd 8 million.our corp hold the 15% share.it mainly deal in the timber processing and sale.

10th oct.the State Plan Commission issue the plan personnel1990393# documentsnotice for the appointment of comrade zhang chen yuan.to appoint comrade zhang chen yuan as the vice-president of the light&textile export products investment corp.

24th oct to 18th nov,2003.the corp organize the yearly capital construction financial final count and statistic report forms meeting separately in the qing huangdao city,weifang city,zhenjiang city,hanzhou city,erzhou city,nanchang city.

8th dec.the corp set up the guangdong subject management department.the office located in the foshan,guangdong.

15th dec,the corp organize the shanghai silver dishware limited together with other 4 four enterprises include the shanghai daily-use metal corp.fangtai xubo industry corp.the register capital is usd3.8 million.gaoxin corp hold the 10% share.the enterprises mainly specilised in the stainless steel tableware production.

Start from 17th dec.the corp confirm the fifth bidding subject.totally 93.it was based on the fieldwork by the corp.appraise by the 28  experts from the State Plan Commission,light&textile ministry,textile ministry,foreign trade ministry,construction general bank,industry&commercial general bank and various foreign trade general trade corp.then confirmed by the corp.to confirm the bidding subjects 93.many famous enterprises bidding such as the shanghai”jiafen” contton spin.shanghai”fenhua” pen-made.shanghai”suyi” cuitain.jiangsu”hongdou” garments,guangdong”jinfen”garments,guangdong”wanjiale” heater,etc.

Year 1991

25th jan. the State Plan Commission issue the plan comprehensive 199130# documentsyear 1991 infrastructure plan.to arrange the light&textile export special funds 0.324 billion.the bank loan scale 50 million.make use scale of foreign funds 0.2 billion.organize-self investment scale 0.725 billion.

28th jan.the corp hold the whole staff meeting.to sum up the work of year 1990.lay the plan in year 1991.in year1990 the corp totally arrange the fourth light&textile bidding subjects 88.accumulated form the newly-added foreign earned ability 0.7 billion u.s.dollars.the same year the corp callback funds 0.17096 billion.the taerget in 1991 is:to finish the evaluate,contract signing,appropriate funds for the five lot bidding subjects.the elementary choose,review for the six lot bidding subjects.and the callback of funds for the old subject.

1st march.the corp sign the entrustment management agreement with the plan Commission or investment corp in Beijing ,shanghai,zhejiang province,jiangxi province,hubei province,dalian city,tianjin city successively.to authorize manage the bidding subjects as devided area.

2th march.the corp set up the new party branch:comrade zhang chen yuan ,xu bing tuo,yu wei dong,zhou jian xiang compose the party branch.comrade zhang chen yuan hold post of the clerk of it.

13th march.the corp hold the press conference in meidia hotel(Beijing).to carry out the external publiciz. For the use of state special funds to help the light&textile enterprise develop&reform itself.strengthen the foreign earning ability.also explore the economica ways to manage state investment as a kind of investment system trial.to advertise the successful experience.at the day.the cctv.central broadcasting,Beijing tv,people’s daily newspaper,economica newspaper.china daily and economica reference .etc to report the news.

12th –16th april.the corp hold the meeting ofthe state light&textile export products construction subject entrustment management conversation in wuxi,jiangsu province.to have the deep discuss how to strength and perfected the entrustment management work.about one hundred representative come from the light ministry,construction general bank.the state machinery&electronic light textile investment corp and the entrusted plan  Commission of concerned province,plan separate-listed city.entrusted manage unit.construction branch.

30th june.the corp issue the light-export-invest199116# documents letter for the ways of reduction of fixed income for the third,fouth lot subjects return funds advance or on time》,

8th july,to organize the shenzhen huawen printing and dyeing limited corp.its registered capital is RMB5 million.gaoxin corp hold the 10% share.it mainly deal in the printing and dyeing business.

Year 1992

25th jan. the State Plan Commission issue the plan-comprehensive19921# documentsyear 1992

infrastructure plan.to arrange the light&textile special funds 0.275 billion.bank loan scale 0.15 billion..to make use of foreign capital scale 0.1 billion.organize-self scale 0.635billion.

28th jan.the corp hold the whole staff meeting.to sum up the work in year 1991.to lay the plan of year 1992.in the year of 1991.the corp totally arrange the fifth bidding subjects 93,check and accept the 149 subjects.accumulated form the newly-added foreign earned ability of usd0.5 billion.at the same year.the corp callback the capital rmb0.22517 billion.the target of year 1992 is to finish the evaluate,contract-signing and appropriate funds for the sixth lot light&textile bidding subjects.the elementary choosed,review for the seventh lot subjects,also the callback of funds for old subjects

28th march.the sixth lot bidding of light&textile export products construction subject end.the sixth lot bidding subject include totally 456 subjects.by the audit of the 21 experts from the State Plan Commission,light ministry,textile ministry,foreign trade ministry,construction general bank,industry&commercial general bank,various import&export corp.then audited by the corp to confirm the bidding subject 107.

6th may.the corp to organize the shanghai kuaitong plastic corp together with the shanghai changzhen plastic weave factory.the registered capital is u.s.dollars 2.365 million.gaoxin corp hold the 25% share.the enterprises mainly deal in the colour printing business.

8th may.the zhongming(fujian) light&textile development corp which organized by gaoxin corp and the fujian investment development general corp hold the set up ceremony.the corp is the first comprehensive corp share-controlled by the light&textile export products investment corp.the registered capital is 5 million.the corp hold the 52% share.it mainly deal in the trade.indurstry investment business.etc

19th-23th.the corp organize the the state light&textile export products construction subject management conversation.the meeting just  hold after comrade deng xiao ping south patrol.the meeting discuss the issue how to deepen the innovation,improve the bidding ways and perfect the entrutment management. about one hundred representative come from the light ministry,construction general bank.the state machinery&electronic light textile investment corp and the entrusted plan  Commission of concerned province,plan separate-listed city.entrusted manage unit.construction branch.

18th july.to organize the zhejiang lida industry corp together with the zhejiang economic construction investment corp.register capital is 5 million.the corp hold the 52% share.the enterprises mainly deal in the trade.industry investment business.

2th august.the corp issue the light-export letter199223# documents the temporary way of fixed income andmanagement fee locality remain and financial treatment

18th august.to organize the guangdong nanhai nankai industry limited corp together with the guangdong nanhai nanrong investment development,nanhai foreign trade development.the register capital is 5 million.the corp hold the 50% share.the enterprises mainly deal in the trade.industry investment.

5th sept.the corp decide to transfer the bidding subject management work in fujian to the fujian zhongming ligh&textile industry corp.

20th sept. the State Plan Commission issue the plan-foreign trade 19921590# documents.to allocate the corp the first register capital required foreign quantum usd1.8 million.

6th oct, the State Plan Commission,financial ministry issue the plan-investment19922267# documentsnotice of capital transfer for the state specilised investment corp.

23th oct.permitted by the foreign trade 19921199# documents.approve the light&textile export products investment and the china arts&crafts import&export corp to form the zhongyi qingfang import&export limited.corp.the register capital is 10 million.the gaoxin corp hold the 52% share.the zhongyi qingfang import&export limited.corp mainly deal in the import&export business for the zrts&crafts and light industry products.its also the first underlining corp with the import&export permit.

3th nov.it decide the bidding subject management work transfer to the zhejiang lida industry corp.

year 1993

28th jan.the corp hold the whole staff meeting.to sum up the work of year 1992.to lay the year 1993.in the year of 1992 the corp totally arrange the sixth lot bidding subjects 107.check and accept the

15th feb. the State Plan Commission issue the plan-comprehensive1993110#year 1993 infrastructure plan

19th feb.after the approval of the state machinery&electronic.light&textile investment corp.sanction by the state industry&commercial management bureau.the former state machinery&electronic.light&textile investment corp light&textile export light investment corp remaned as the china gaoxin light&textile investment corp.

28th april.to organize the xiamen huichuan industry unite corp.the register capital is 10 million.the corp hold the 95% share.its mainly deal in the trade,industry investment business.

23th july.take over the 5% of other share-holder.the xiamen huichuan industry unite corp renamed as the china gaoxin light&textile investment corp wholly-controlled subsidiary company.

8th august.to organize the shandong yinfeng syrup limited corp.the corp invested 6.96 million.hold the 20% share.it mainly deal in the production and sale of the ade.

28th sept.to organize the shanghai zhongxin industry corp.the register capital is 5 million.the corp hold the 85% share.it mainly deal in the trade,industry investment corp.

5th oct.the corp organize the first meeting ofunderling whole owned or share-controlled enterprise management conversation meeting.the manager and financial director attend the meeting.it mainly discuss the joint venture management ways

8th nov.to set up the whole-controlled subsidiary company foshan huaxin industry corp.with the register capital 10 million.it mainly deal in the trade.industry investment business.etc.

1st dec.it issue the china light letter1993