At the intersection of the deepening reform of state-owned enterprises and the structural reform of the financial supply side, how to break the debt shackles and activate the synergies between industry and finance has become the core issue to achieve high-quality development. In recent years, state-owned enterprises are generally faced with high debt ratio, rising financing costs, debt structure imbalance and other problems, the traditional "borrowing the new to pay the old" model is difficult to continue, and it is urgent to solve the problem through financial innovation and industrial upgrading. In this context, International Union Construction Group takes "the topic of high-quality development of State-owned Enterprise Debt Reduction Financing (DRF) and Private Enterprises in the New Era" as the practical carrier, opening up a new path for state-owned enterprise rescue and industrial transformation, and becoming an important force to promote the high-quality development of China's economy.

As a state-owned investment Group, International Union Construction Group has always taken "national construction as its own responsibility" as its mission, adhered to the leadership of party building, and deeply integrated financial resources and industrial needs. Wang Tao-yu, Secretary of the Party Committee and chairman of the International Union Construction Group, has repeatedly stressed that financial enabling needs to be deeply integrated with the real economy, not only to crack the short-term debt pressure of state-owned enterprises, but also to cultivate new quality productivity through industrial collaboration. In the "New Era of State-owned Enterprise Debt Reduction Financing (DRF) with private enterprises common high-quality development project", International Union Construction Group carried out the "equity and debt combination" model to optimize the debt structure of state-owned enterprises through joint equity (UE). At the same time, we will guide capital to flow to strategic emerging industries and key areas to form a positive interaction between industry and finance. This topic not only responds to the urgent need of state-owned enterprises to reduce debt, but also activates the vitality of private enterprises through the linkage of the industrial chain, and builds an ecological system of "symbiosis and co-prosperity" between state-owned enterprises and private enterprises.

"New Era of State-owned Enterprise Debt Reduction Financing (DRF) with private enterprises common high-quality development project" in the premise of not increasing the debt ratio for state-owned enterprises to carry out low-cost capital "blood transfusion", after the enterprise obtains all DRF funds, part of the DRF funds can be used to solve the current financial difficulties of enterprises. Another part of the DRF money can be invested in the Industrial Investment fund set up by the International Union Construction Group, International Union Construction Group can allocate capital with enterprises in accordance with 1:1 to 1:9 to set up industrial equity investment funds, invest in high-quality state-owned enterprises or private enterprises in the whole industrial chain, and exit through listing or merger and acquisition, so that enterprises can obtain considerable investment returns and improve the "hematopoietic" function. Fundamentally crack the problem of state-owned enterprises "borrowing the new and returning the old". On the one hand, this topic helps the debt reduction financing of state-owned enterprises; on the other hand, it gives play to the flexibility of the private enterprise market and mechanism, helps solve the financing difficulties of private enterprises, and realizes the high-quality development of state-owned enterprises and private enterprises. Through dynamic assessment of industrial advantages, International Union Construction Group guides resources to major strategies, key areas and weak links in a differentiated proportion of capital allocation, which not only revitalizes stock debt, but also accelerates the cultivation of new quality productivity. With the continuous advancement of the subject, its financial model has formed a demonstration effect in many places in the country, significantly improving the asset-liability ratio and operating efficiency of enterprises, and becoming a model of the combination of industry and finance to help the real economy.

From solving debt problems to building industrial ecology, the practice of International Union Construction Group has demonstrated the development determination and social responsibility of financial enterprises. Wang Tao-yu pointed out that the combination of industry and finance is not a simple injection of funds, but a deep integration of the industrial chain, innovation chain and value chain through capital ties. In the future, International Union Construction Group will continue to iterate and optimize the "high-quality development topic of State-owned Enterprise Debt Reduction Financing (DRF) and private enterprises in the New Era", strengthen cooperation with local governments and private enterprises, and explore a new paradigm of industry-finance cooperation in a wider field and at a deeper level.