Use the efficiency of the capital market to help Shanxi fight poverty.



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Original Title: Harness the Efficiency of the Capital Market to Help Shanxi Fight Poverty

In order to implement the various decisions and deployments of the Party Central Committee, the Party Committee of the China Securities Regulatory Commission and the provincial government on poverty alleviation, the Shanxi Securities Regulatory Office will continue to promote the relief work of poverty as an important political task and will hold a special party committee meeting at the beginning of each year to study and formulate the “Shanxi Securities Regulatory Commission.” The “Key Points of the Office’s Capital Market Poverty Alleviation Work” clearly took several steps to further mobilize the enthusiasm of the market entities in the jurisdiction, fully meet social responsibilities and focus on relief. of poverty.

At the same time, make the most of the advantages of sectors and industries, effectively take advantage of the direct financing function of the capital market, vigorously support the development of poverty-stricken areas, encourage listed and listed companies to carry out Carry out industrial poverty alleviation, continuously improve the poverty saving mechanism, promote the sustained and stable development of characteristic industries in poor areas, and support securities enterprises. Business finance in poverty-stricken areas provides high-quality professional services, supports futures companies to optimize the “insurance + futures” pilot model, and jointly creates a good environment for the capital market to serve relief work. of poverty.

Targeted Matching Assistance, Accurate and Continuous Poverty Alleviation

According to the unified deployment of the Shanxi Provincial Party Committee, the Shanxi Securities Regulatory Office launched in December 2013 the designated assistance work for Bao Village in Baijiatan Village, Tianchidian Township, Loufan County, a nationally designated impoverished county. Since 2016, in accordance with the requirement of “one village, one team, one team, three people”, the Shanxi Securities Regulatory Bureau has selected a total of 19 cadres to form a village assistance team, and selected a Outstanding cadre with 28 years of party experience to serve as No. The First Secretary arranged for 58 party members and cadres to establish a “two-to-one” pair attendance relationship with poor households in Baijiatan village, and constantly promoted partner care work.

Furthermore, in order to enhance the satisfaction of the local population and enhance their sense of profit, the Shanxi Securities Regulatory Bureau continued to increase its direct investment in units. From 2017 to 2020, a total of 195,000 yuan was invested directly in the local area. At the same time, the office has also introduced various financing projects to promote the general development of the collective economy, environmental improvement and cultural construction of the Baijiatan village. Since 2016, it has introduced a total of 12.5 million yuan in assistance funds.

In terms of industrial poverty alleviation, the bureau has implemented 7 assistance projects of more than 10,000 yuan since 2016 and established a breeding base of 100,000 layers in Baijiatan Village through the introduction of leading enterprises and other models, and supported the base of active reproduction of layers. Cultivate own brands and expand the industrial chain. At the same time, actively carry out the alleviation of poverty by consumption, support market entities in signing agreements for the purchase of agricultural products, guide the broad masses of cadres and the masses to carry out energetic actions poverty alleviation of consumption, and fight to solve the problem of non-salable agricultural products. Since 2018, the total amount of agricultural products sold and assisted in the village has reached more than 200,000 yuan.

In the past 7 years, the Shanxi Securities Regulatory Office has adhered to the basic strategy of Selective Poverty Alleviation and Selective Poverty Alleviation. With the help of party members and general cadres, and the tireless efforts of the two Baijiatan village committees and all the villagers, the designated village assistance was realized in 2018. Get out of poverty. After poverty alleviation, the bureau continued to strengthen the general leadership of the party, focused on maintaining the stability of the assistance team, strictly enforced the “four not picking up” requirements, continued to exert the “five one” assistance force, it focused on consolidating the results of poverty alleviation and resolutely did not return to poverty. .

The capital market facilitates precise participation in poverty alleviation

In recent years, the Shanxi Securities Regulatory Office has also actively used the direct financing function of the capital market to vigorously support the development of poor areas. On the one hand, the number of listed and listed companies in poverty-stricken areas (including counties that have been eliminated) has increased significantly. Currently, there are two listed companies, including Tongde Chemical and Huhua, and the NEEQ listed companies are Dongfangliang, Jiawei, Shanxi Hi-Tech and Xi. 5 companies, including Yuefa and Jinkun; Shanxi Equity Exchange Center has served 55 poverty stricken areas, covering 441 businesses in poverty stricken counties.

In addition, listed and publicly traded companies in poverty-stricken areas raised 1 billion yuan in funds issued by special corporate bonds for poverty alleviation, the scale of financing through the issuance of convertible bonds was 144 million yuan and the NEEQ has raised a total of 42.598 million yuan in private placements.

On the other hand, publicly traded companies in the province have been actively engaged in targeted poverty alleviation work in more than 30 counties and villages through blended assistance, blended village assistance, and fixed assistance. They have continued to invest in industrial crops, investments in education and vocational training. More than 260 million yuan has been invested in poverty alleviation. In 2020, 17 publicly traded companies in Shanxi jurisdiction disclosed the development of poverty alleviation work in their semi-annual reports. Through combined assistance, village assistance and fixed point assistance, in 2020, a total of 27,600,600 yuan was invested in poverty alleviation funds to participate in poverty alleviation. The number of companies and the amount of investment increased steadily. Shanxi Securities, Datong Securities, etc. have set up poverty alleviation funds with a scale of 163 million yuan to improve the efficiency of utilization of poverty alleviation funds and achieve the precise poverty alleviation effect.

When it comes to innovative poverty alleviation, six futures operating institutions, including Xinhu Futures and China Securities Futures, provide protection against the risks of agricultural production in poverty-stricken areas through the “futures + insurance” model. The scope of application covers the main agricultural and livestock products such as corn, apples and live pigs. More than 4,000 rural households have been guaranteed. Among them, Xinhu Futures Taiyuan Commercial Department launched the “futures + insurance + agricultural cargo + credit” pilot program to provide price risk protection to 350 farmers in Linyi County with 1,353 acres of apples. At present, the insurance company has paid 1.23 million yuan to farmers; COFCO Futures 2020 The Corn Futures + Insurance project was carried out in Hunyuan County in 2009, with the participation of 4168 tonnes of cash corn and 134 farmers participating in the insurance.

Unleash career advantages to consolidate poverty alleviation results

In the next step, the Shanxi Securities Regulatory Office will continue to play the important role of capital market services in poverty alleviation strategy, strengthen communication and cooperation with local government departments, and provide support to local government departments. poor areas to make good use of capital market poverty alleviation policies. At the same time, continue to promote market players to increase their awareness of poverty alleviation work, make the most of their professional advantages, work in key areas such as direct financing, industrial poverty alleviation, futures + insurance and actively carry out social responsibilities. Continue promoting the “futures + insurance” model to establish in poverty-stricken areas, encourage futures traders to carry out the four-in-one innovation pilot program “futures + insurance + agricultural cargo + credit” with China Life Property and Casualty Insurance, the Provincial Agricultural Guarantee Corporation and the Agricultural Bank to support various values ​​and futures Operating institutions carry out public welfare poverty alleviation activities such as purchasing agricultural products from poor areas, donating materials farming and donating money and materials to poor villages, poor students and hospitals.

In addition, the Shanxi Bureau of Securities Regulation will carefully study the orderly connection between poverty alleviation and rural revitalization, and will explore the establishment of a long-term mechanism to resolve relative poverty, in order to provide a guarantee for the shifting focus of poverty alleviation work.

Shanxi Evening News reporter Xue HaozhongReturn to Sohu to see more

Editor:

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