Thereformcoreofstate-ownedenterprisesistodevelopmixed-ownership’seconomyeffectively,thereforetherearesomanylarge-andmedium-sizedstate-ownedenterprisesusingavarietyofresources,adoptingvariouswaystorealizemixed-ownershipreforms,enrichingthetheoriesofmixed-ownershipreform,andcreatingalargenumberofpracticalsamples.WuliangyeCompany,asaveryfamousmakingliquorcompanyinChina,hasissuedalargeofnewstockstoexcellentdealers,administrativestaffs,andoutstandingemployees,sothatthecompanycandrawintomassiveprivatecapitalin2016,soWuliangyeCompanyhavemadethefirststepaboutmixed-ownershipreformamongChinesestate-ownedenterprises.Throughcomparingthequantityofmonetarycapitalandasset-liabilityratioofWuliangyeCompanybeforeandafterdirectionalissuingnewstocks,thedistrustaboutonlyaddingmoneyandwelfaretoolforrelativebenefitpeoplecanbeeliminated.Moreover,theaffectionofdirectionalissuingnewstockscanpromoteWuliangyeCompanydealersandemployeestoholdshareholdings,andoptimizeownershipstructure.WuliangyeCompanyhasgottheexplorationforoptimizingequitystructuretosolidfoundationforspeedingupstated-ownedenterprisesreformpaces,alsoprovidingsomeusefulexperiencesofothermixed-ownershipreform,andthewaysandpatternsareworthyoflearningandstudying.
