In order to comprehensively promote the new urbanization strategy and Rural Revitalization Strategy and promote the integrated development of urban and rural areas, recently, the provincial development and Reform Commission combed and summarized a series of practices formed in the province in recent years, which can be used as a reference for all localities to promote relevant work. The innovative establishment of Rural Revitalization industry fund in Zengcheng District of Guangzhou was selected as one of the typical practices of urban-rural integration and development in Guangdong Province.
Case details:
typical practice 5: innovative establishment of Rural Revitalization industry fund in Zengcheng District, Guangzhou
Zengcheng District of Guangzhou explores how to integrate the district's financial support for agriculture, give play to the guiding role and amplification effect of financial support for agriculture, leverage social capital to jointly establish the Rural Revitalization industry fund, and solve the problem of shortage of Rural Revitalization funds. By the end of 2020, the Rural Revitalization industry fund had absorbed more than 2 billion social and financial capital.
I. innovating the cooperation mode between government and enterprises and strengthening the fund guarantee for Rural Revitalization
First, it is jointly funded by the government and enterprises. The fund is established under the guidance of the government, based on financial funds and absorbing social capital in a certain proportion, of which 40% is invested by the government and the remaining 60% is social capital; The paid in capital of the first phase is 500 million yuan, including 200 million yuan from the district finance and 300 million yuan from nine private enterprises with strong economic strength and good industrial foundation in Zengcheng district.
Second, build a new type of win-win cooperation relationship. The government funded and transferred profits to promote the construction of supporting infrastructure for fund investment projects, give full play to the role of the government in "recruiting talents" and give support to project think tanks. Establish the interest connection mechanism of government enterprise fund management team, build a modern corporate governance structure, and let investment enterprises participate in decision-making.
II. Focus on the interaction between industry and finance to improve the efficiency of the fund to support industries
First, directly participate in promoting the construction of key agricultural projects. The Rural Revitalization industry fund plays a bridge role in linking resources, attracting a number of leading enterprises and scientific research institutions to Zengcheng to promote the construction of key agricultural projects, jointly promote the construction of pig breeding industry projects and four modern agricultural industrial parks of Xiangfeng fine fruits, Zengcheng late cabbage, vegetables for Hong Kong and Macao, silk seedling rice, and cultivate high-end fruits such as sunshine rose grapes and reticulated melons.
Second, support investment in local leading enterprises to become bigger and stronger. Since the establishment of the fund, the United Regional Agricultural Association has actively visited Association enterprises to solve the problem of "financing difficulties" for local enterprises, with a total investment of 80 million yuan. Through the enabling post investment management mechanism, it has cultivated and expanded local leading enterprises and driven the revitalization and industrial development of regional villages.
Third, actively build a regional industrial development platform. In order to provide high-quality agricultural services to promote regional industrial development, the fund has promoted the construction of Shenzhen Agricultural Products Group Co.Ltd(000061) warehousing and logistics trading center, high-end fruit and vegetable trading center and other platforms, and discussed with large central enterprises to study the construction of fresh and cold chain operation center in Guangdong, Hong Kong and Macao Bay area.
III. focus on industrial guidance, strengthen post investment management and empower regional enterprises
First, give play to the role of Rural Revitalization industry fund in attracting investment. The Rural Revitalization industry fund is rooted in the field of rural revitalization, focusing on the introduction of industrial leading enterprises, giving full play to the fund's advantages in high-quality resource links such as industrial leading enterprises and first-line financial institutions, and combining the advantages of Rural Revitalization and development in the region, it cooperates with a number of foreign industrial leading enterprises in the form of equity investment to attract modern and efficient agricultural enterprises to Zengcheng district and develop the industry of enriching the people and prospering the village.
Second, operate the Rural Revitalization industry fund in a market-oriented manner. Guangzhou Rural Revitalization Holding Group Co., Ltd., established and registered in Zengcheng District, as the manager and main sponsor of the fund, implements market-oriented and professional company operation and management of the fund in accordance with the principle of "government guidance, market-oriented operation, scientific decision-making and risk prevention". As a state-owned and private mixed ownership innovation pilot enterprise, we will fully mobilize and leverage social capital to participate in rural revitalization, attract social industrial and commercial capital represented by local leading enterprises to help rural revitalization, create a new model for industrial and commercial capital to participate in rural revitalization, and provide valuable practical reference for private equity fund industry to invest in Rural Revitalization.
