The year 2022 is the end of the three-year reform of state-owned enterprises, and various reform tasks have been completed in many places. Over the past year, reforms in key areas such as the optimization of the layout and structure of the state-owned economy and the improvement of the market-oriented operating mechanism have been carried out in depth. Three institutional reforms have broken the ice on a large scale, and actions such as restructuring and integration and mixed listing have been frequent, which not only inject new momentum into the development of local state-owned enterprises, but also inject new vitality into the capital market. At the new starting point, the horn of the new round of deepening the reform of state-owned enterprises has sounded, and state-owned enterprises will continue to forge ahead on the road of building world-class enterprises. An orderly advance and retreat is opening up a new avenue in the mountains of Daliang Mountain along the Yichang Panzhihua Expressway built along the Jinsha River. Butuo County, known as the "hometown of the torch festival of the Yi people in China", has opened the expressway for the first time. "In order to provide Butuo County with an inter connected export, we spent 100 million yuan to remove a mountain," said Zou Yulin, chief engineer of Shudao Expressway Group Yanjiang Company. Say goodbye to the "difficult Shu Road" and welcome the "smooth Shu Road". As the "first battle" of the three-year reform of state-owned enterprises in Sichuan, the former Sichuan Communications Investment Group and Sichuan Railway Industry Investment Group will complete their strategic restructuring in only 71 days in 2021. The new Shudao Group will be established and merged, focusing on improving the upstream and downstream synergies of the industrial chain and value chain, and accelerating the transformation to "comprehensive transportation services". In this year's Fortune Global 500 list, Shudao Group ranked 413, the first provincial state-owned enterprise in Sichuan, and one of the only three domestic provincial transportation enterprises on the list. The new round of scientific and technological revolution and industrial transformation is advancing by leaps and bounds, which is both a challenge and an opportunity for China's industrial development. Promoting the optimization of the layout and structure of the state-owned economy is an inevitable requirement for strengthening and optimizing state-owned enterprises and enhancing their core competitiveness. Since the three years of action, state-owned enterprises around the country have further focused on their main responsibilities and industries, established a dynamic adjustment mechanism for state-owned capital with orderly advance and retreat, improved the resilience and competitiveness of the supply chain of the industrial chain, accelerated the guidance of qualified enterprises to become the "chain leader" of the modern industrial chain, and driven the financing, innovation and coordinated development of upstream and downstream enterprises of the industrial chain. This is an unprecedented move. Reorganization and integration have become an important hand. There are both strategic reorganization of strong and powerful combination and professional integration of similar items; There are both integration and consolidation. For example, on the basis of completing the strategic restructuring at the level of five groups, Guangdong Province vigorously promoted the professional integration between and within groups, and completed the professional integration of 105 secondary and tertiary enterprises in many sectors, such as clean energy, electronic manufacturing, and automobile trade. Heilongjiang has established seven provincial industrial investment groups, including Communications Investment Group, Construction Investment Group, New Industry Investment Group and Longjiang Forest Industry Group, with assets of more than 400 billion yuan. The layout of emerging industries is also increasing. This can be seen from the project investment list of Heilongjiang New Industry Investment Group Co., Ltd. As a pilot reform project of Heilongjiang State owned Capital Investment Company, the "two new" investments in strategic emerging industries and high-tech industries account for more than 70%. By giving play to the function and radiation of state-owned capital platform, more enterprises and capital are being driven to invest in innovation