SASAC released the performance measures result of the state-owned enterprises of 2010 recently. Poly Group was evaluated as “A” class, ranking No. 34 among the 47 A-class enterprises. This is the first time for Poly Group to become A-class enterprises since the beginning of performance measures executed by SASAC.
Among the 121 state-owned enterprises within the scope of SASAC’s performance measures, 47 A-class enterprises accounts for 38.84%. Poly Group, together with 7 other enterprises including China Eastern Airlines, CSR and Sinoma were evaluated as A-class for the first time.
According to the report of SASAC, since the beginning of promoting EVA measures of state-owned enterprises in 2010, the economic value added and value creation level of the state-owned enterprises has made rapid change. The total EVA of the state-owned enterprises amounted to 388.71 billion Yuan, with the increase of 140% over last year; 96 enterprises’ EVA is plus zero, 13 more than last year.