Guangxi carries out special rectification action on illegal investment of state-owned enterprises

[Guangxi carries out special rectification action on illegal investment of state-owned enterprises]-- the State-owned assets Supervision and Administration Commission of Guangxi Zhuang Autonomous region recently issued a circular to deploy and carry out special rectification actions on illegal investment of enterprises. we will carry out in-depth investigation and rectification of outstanding problems such as illegal investment, blind investment, and inefficient and inefficient investment in 17 directly regulated enterprises and their subordinate enterprises. With regard to illegal "idle" trade, investment projects that exceed the planned or approved investment quota of more than 20%, investment projects that have lost money or are insolvent for three consecutive years, construction has been seriously delayed due to chaotic management, and the cost is significantly higher than that of similar projects in the same period.