LYC Reform Experience was Selected into the State-owned Assets and State-owned Enterprise Reform Experience Case Series by the State-owned Assets Supervision and Administration Commission of the State Council

On November 10, the State-owned Assets Supervision and Administration Commission of the State Council held the Science Reform Demonstration Action media briefing, and LYC was invited to participate as a representative of advanced enterprises in the Science Reform Demonstration Action. Yu Haibo, general manager of LYC, introduced LYC's reform experience and achievements, and accepted a collective interview with the central media.

In April 2020, the Office of the State-owned Enterprise Reform Leading Group of the State Council officially launched the Science Reform Demonstration Action for more than a year. More than 200 Science Reform Demonstration Enterprises including LYC have implemented high-quality reforms and carried out innovations at a high level. The business performance continues to improve, the vitality and efficiency are significantly improved, the team of scientific and technological talents is growing day by day, and the influence of promoting scientific and technological innovation is constantly increasing.

At the meeting, weng jieming, deputy director of the office of the leading group for the reform of state-owned enterprises under the state council and deputy director of the state-owned assets supervision and administration commission of the state council, pointed out that the state-owned assets supervision and administration commission will increase incentives for scientific and technological innovation, focus on improving corporate governance mechanism, employment mechanism, incentive mechanism, innovation mechanism, strengthen the construction of scientific and technological talent team, accelerate the transformation of scientific and technological achievements and other aspects to study and introduce more ' small incision, down to earth ' policy measures, and provide more powerful guidance and support for key enterprises to solve the problems in reform, innovation and development one by one.

LCY General Manager Yu Haibo reported on the reform experience and results around the Mechanism Innovation Leading Technology Innovation Enterprise Development and Serving the National Strategy, and answered questions from central media reporters.

It is reported that the Reform and Innovation: Science Reform Demonstration Action Case Collection jointly organized and compiled by the SASAC Reform Office and the SASAC Research Center has been formally published a few days ago. It systematically summarizes and shows 71 central enterprises and 32 local governments in the form of cases. State-owned enterprises' reform practices and results achieved in the Science Reform Demonstration Action. LCY's case of Mechanism Innovation Leading Technological Innovation, Enterprise Development and Serving National Strategy was successfully selected into the Case Collection.