On the afternoon of 29thAugust, the teachers of the Business School participated a three-day summer ‘project research-oriented’ internship investigation withDeputy Secretary of the School Party Committee and Secretary of Committee for Discipline InspectionJiang Yanhui, and Director of the Accounting DepartmentChen Min.Bai Guangming, Deputy Secretary of the Party Committee, Director and general manager of Changsha State-owned Assets Group, treated the team with great hospitality.
In the research symposium, the leaders of the State-owned Assets Group previewedthe basic situation of the group. And they introduced the practice and management experience in corporate governance, informatization construction, financial management and control, talent training, etc.There were suggestions put forward on the cultivation of talents in colleges, hoping that young talents can ‘look at things with high vision, and do things down-to-earth’.
On 30thAugust, teachers and students visited two competitive project sites of two subsidiaries of the State-owned Assets Group: Changsha Historic Building Protection and Development Co., Ltd. (referred to as ‘Libao Company’) and Changsha Guoxin Real Estate Development Co., Ltd. (referred to as ‘Guoxin Real Estate’). The ‘JinxiuShiguang’ project of Libao Company is the first organic renovation project of old industrial plants in Changsha. Its predecessor was Changsha Nylon Factory.The project creates a new benchmark for commerce based on the new type of business on the basis of the unchanged structure, main body, and bearing capacity of the original site.Itis also an attempt to protect the development of Changsha’s industrial heritage.In’s ‘Xiangrong Mansion’ project of Guoxin Real Estate, the research team learned about Guoxin’s product design and responsibility as a state-owned real estate company, andthe company’s experience in excellingatcash flow management, stable operation of the financial system, and strengthen tax planning.
On 31stAugust, the research team went to the headquarters of the State-owned Assets Group again for in-depth interviews and exchanges.The company gave detailed answers to the issues of corporate governance, investment efficiency, salary management and assessment, social responsibility performance, financing and risk control that the research team focused on. Afterward, the two sides conducted heated discussions and deepcommunications on the above-mentioned aspects.
The teachers and students of the Accounting Department comprehendedthe mission and responsibility of Changsha State-owned Assets Group as a state-owned enterprise in the new era, and understood the hardships and difficulties of deepening the reform of state-owned enterprisesafter this investigation. State-owned Assets Group shoulders multiple tasks such as being ‘bad asset storage’, ‘good asset converter’, and ‘asset value amplifier’. It has a long way to go to achieve not only economic benefits but also social benefits. For students majoring in Accounting, their professional foundationshould be strengthened, andcross-border thinking should be cultivated. Also, they should constantly enrich themselves, and enhance the sense ofhistorical mission and the sense of responsibility of the times.These young people should strive to practice their values in serving people and contributing to society.
The Teachers and Students of the Accounting Department with the Leaders of Changsha State-owned Assets Management Group Co., Ltd.
Teachers and Students of Accounting Department Visited ‘JinxiuShiguang’ProjectSite
By: Hu Mingsheng
