Transformation and upgrading of state-owned enterprises under the background of new capital construction

Beijing Light Union Wenfu Xinte Printing Co., Ltd. is a packaging and printing enterprise located in Shunyi Industrial Park, Beijing, with a history of more than 50 years. In recent years, due to the single product structure, low added value, fierce industry competition and heavy burden of old state-owned enterprises, especially with the adjustment of the functional orientation of the capital and the acceleration of the pace of resolving non-capital core functions, the industrial operation and development of Xinte Company have been seriously restricted. Due to business difficulties, it was listed in the early warning list of SASAC continuous loss-making enterprises. Xinte Company is facing the cruel situation of being eliminated without transformation, upgrading, transformation and adjustment. In this context, Xinte Company is faced with a difficult choice of where to go.