SASAC to accelerate the reorganization of central enterprises Chinese electronic group into the Great Wall

During the year 10 pairs of central enterprises restructuring

In August 1st, the SASAC Enterprise Reform Bureau issued a notice that the China Great Wall Computer Group Corporation merged with China Electronics Corporation, China harbor construction (Group) Corporation and Luqiao China (Group) Corporation in the way of consolidation and the formation of "China Transportation Construction Group Limited company", after the China medical equipment import and export corporation incorporated Chinese biotech company to become its wholly-owned subsidiary enterprise restructuring, China Great Wall Computer Group Corporation, Chinese harbor construction (Group) Corporation and Luqiao Chinese (Group) Corporation to withdraw, to fulfill the responsibilities of investor companies SASAC from 172 to adjust for 169.

In addition to the Great Wall computer has been incorporated into the Chinese rumors raise a Babel of criticism of the electronic information industry group, Luqiao harbor construction and group consolidation and Chinese medical equipment import and export corporation incorporated China biotech company a wholly owned subsidiary enterprises, even if the industry is beyond all expectations to enterprises.

Reporters learned from the Luqiao group, in the first half of this year, the group talked more about the group or the group as an independent business plan for the next 5 years. "I did not expect so soon with anyone", a Luqiao group insiders told reporters, in response to the requirements of the SASAC central enterprises to become the top three goals, the second half of last year, the group made a more than 22 thousand word "Chinese Luqiao group development strategy and planning" on the report to the SASAC, the "planning" to the enterprise development goal 5 years as "good value" approach of the industry, the 2020 Vision objectives put forward before, economic and technical indicators of the group will fully meet the industry good value, excellent value index after industry.

SASAC was established at the beginning of the supervision and management of the central enterprises have 196; after the initial restructuring adjustment into 189; last year there are 11 pairs, the reorganization of the central enterprises in the number of central enterprises will be reduced to the number of 178 home. In this way, the SASAC's move is not radical, this year's action is not much less than last year.

Within six months before the reorganization, the central enterprises through custody, restructuring, the number has been reduced to 172. According to the SASAC deputy director Shao Ning speech, the number is expected to reach this year, and even lower than 168. In the middle of this year, the global company to join the welcoming meeting of China Petroleum, Shao Ning said that this year the central enterprises to accelerate the pace of restructuring, during the year, at least 10 of the central enterprises merger and reorganization.

Restructuring highlights the competitiveness of the main industry

SASAC official told reporters that the 3 reorganization of the central enterprises, as in the past, the purpose is to improve the core competitiveness of the central enterprises in the industry.

Industry competition ability has become the SASAC leaders will speak on "compulsory course" in July 15th, in Beijing, Tianjin, Shanghai, Chongqing, Shenzhen five city, the work of state-owned assets after the exchange, the SASAC director Li Rongrong chaired the central Guangdong enterprises responsible person at the meeting, Li once again stressed that adhere to highlight the main industry, at the same time to shorten the management chain, reduce the cost.

SASAC deputy director Shao Ning said that the central enterprises merger and reorganization to take voluntary, the principle of coordination, reduce administrative efforts, the SASAC mainly plays a role; in addition to the central enterprises between the reorganization, the SASAC will also promote the central enterprises and local enterprises restructuring, the restructuring to take more market shares through the way of the dead to achieve the form. He believes that the reorganization of the dead central enterprises and local enterprises the focus is mainly on the host cities and even greater range of industrial layout.

In fact, the reorganization of the central enterprises and local state-owned enterprises are gradually becoming the central enterprises strategic layout stage. Involved in the reorganization of the Chinese electronic information industry group that is at the end of last year invested 200 million yuan to Nanjing Changjiang Machine Group Co. Ltd. (state-owned 720th factory) and Nanjing electronic tube factory (state-owned 772nd factory) with income bursa.

And more similar cases are being carried out quietly. Reporters from the Chinese light industrial products import and Export Corporation, a responsible person understands, the company and the origin of the Guangdong Nuclear Power Group Limited company subordinates several stars Group restructuring plan the company a wholly owned subsidiary of the month before approved by the SASAC, the current reorganization is in wildly beating gongs and drums, "stars in the import and export of chemical products business with our company are highly complementary, and an industry it conforms to our future strategic direction."

Restructuring of local state-owned enterprises to use the opportunity to strengthen the competitiveness of the main industry and even reshape the main business in the new form, the new initiatives of the central enterprises. At the end of June this year, Chengtong Group wholly-owned subsidiary materials development Investment Corporation Chinese acquisitions of domestic paper packaging giant Foshan Huaxin Development Co., about 62% of state-owned equity, and then the long-term plan immediately became extremely new aspiring coated white paper 2010 production exceeded 1 million tons, built 250 thousand tons of Tetra Pak Tetra Pak production base project, breakthrough box 7 billion, built Southern China's largest printing base, sales revenue exceeded 8 billion yuan, profits exceeded 1 billion yuan, with the chain logistics distribution network advantages China Chengtong warehousing, distribution, information integration, is the headquarters of Foshan, Southern China and even the whole country into paper and packaging Huaxin layout."