Reorganization of state-owned enterprises
Our reporter Zhou Lei
In the first half of the year, the reorganization and integration of central enterprises continued. Sinochem Group and China National Chemical Corporation implemented joint reorganization, China Potevio merged into China Electric Power, and China Shipbuilding Corporation initiated substantive integration... The reform of central enterprises has taken solid steps, and the capital market The industry has a major impact.
"In the first year of the 14th Five-Year Plan, vigorously promoting the reorganization of state-owned enterprises reflects the strategic intent of accelerating the optimization and structural adjustment of state-owned capital, and is conducive to better playing the leading role of big countries." Researcher Liu Xingguo of the Research Department of the China Enterprise Confederation believes that, Under the background of building a new development pattern, the reorganization and integration of central enterprises have been continuously advanced, and new breakthroughs have been made in achieving scientific and technological self-reliance and accelerating high-quality development.
Industrial aircraft carriers have appeared one after another
On June 23, the State-owned Assets Supervision and Administration Commission of the State Council issued an announcement that, after being approved by the State Council, China Putian Information Industry Group Co., Ltd. was merged into China Electronics Technology Group Co., Ltd. as a wholly-owned subsidiary.
China Putian Information Industry Group Co., Ltd. is no longer directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council.
"China Electric Technology is large in scale, and its resources are complementary to China Potevio." Chen Duan, director of the Center for Digital Economy Integration and Innovation Development of the Central University of Finance and Economics, believes that with the overall integration of China Putian, the new China Electric Technology will have more advantages in scale. , Innovation advantages and market advantages, to better support my country's international competition for the digital economy and strategic emerging industries, and its strategic position will become more prominent.
Prior to this, the world-class chemical giants reorganized from two Fortune 500 companies, Sinochem Group and China National Chemical Corporation, caused shocks in the global industry.
China Sinochem Holdings Co., Ltd. was inaugurated on May 8, with assets of more than 1.4 trillion yuan and 220,000 employees worldwide.
As the world's largest comprehensive chemical company, Sinochem has a wide-ranging layout in the chemical segmentation field, with a series of global or domestic leading business portfolios, and has production bases, research and development facilities and a complete marketing network system in more than 150 countries and regions around the world. .
After the completion of the reorganization, Sinochem owns 16 domestic and overseas listed companies including Yangnong Chemical, Adama, Adisseo, Sinochem International, and Pirelli.
Clear direction and optimize layout
Promoting the strategic reorganization of state-owned enterprises is an important measure to strengthen and expand state-owned capital and state-owned enterprises.
With the integration of China Potevio into China Power Technology, the number of central enterprises under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council has dropped to 96.
"The State-owned Assets Supervision and Administration Commission of the State Council will focus on strategic security, industry leadership, national economy and people's livelihood, public services and other fields, and support central enterprises in adopting various approaches such as reorganization and integration in accordance with the principles of marketization to accelerate the optimization and structural adjustment of state-owned capital." Secretary-General of the State-owned Assets Supervision and Administration Commission of the State Council Peng Huagang said.
The Enterprise Reform Bureau of the State-owned Assets Supervision and Administration Commission of the State Council proposed in this year's work arrangement to steadily promote the strategic reorganization of central enterprises in the chemical, steel, and information fields, and guide enterprises to focus on national strategies to actively and steadily carry out mergers and acquisitions.
The industry generally believes that the reorganization of central enterprises in the first half of this year has made great strides, indicating that relevant deployments have gradually landed.
A strong enterprise means a strong country.
At present, all developed economies in the world have large-scale comprehensive chemical companies.
"At present, China lacks large-scale enterprises with international competitive advantages. This is a shortcoming in the transition from a major petrochemical country to a powerful one." Li Shousheng, president of the China Petroleum and Chemical Industry Federation, said that the reorganization of Sinochem and ChemChina is China A landmark event in the strategic restructuring of the petrochemical industry.
Xu Keyuan, an analyst at the ICBC Investment Bank Research Center, told the Economic Daily reporter that the reorganization of China Putian and China Power Technology is in line with the country's reform of state-owned enterprises, that is, integrating repeated businesses, concentrating superior resources, breaking through key technologies in the industry chain, and improving independent controllability and control. Supply chain security level.
From big to strong to first-class
"The reorganization of central enterprises focuses on accelerating the transformation from large to strong and achieving high-quality development." Liu Xingguo believes that whether the "1+1>2" synergistic effect can be effectively brought into play, the core competitiveness can be enhanced, and the company's responsibilities and missions should be fulfilled. It is a "touchstone" for testing the effects of central SOE restructuring.
"The new company will further comprehensively and in-depth benchmarking with international leading chemical companies, and is determined to develop into a global chemical company with scale, technology, full industrial chain, and strong innovation capabilities." said Sinochem Chairman Ning Gaoning.
The reform of the previously reorganized state-owned enterprises has made great strides and achieved good market performance.
The China State Shipbuilding Corporation, established in November 2019, was formed by the merger and reorganization of the original China Shipbuilding Industry Corporation and the original China Shipbuilding Industry Corporation (commonly known as "South and North Shipbuilding").
On July 1 this year, nine listed companies under the "South and North Shipbuilding" including China Shipbuilding, China Shipbuilding Technology, China Heavy Industry and other 9 listed companies issued an announcement on the free transfer of controlling shareholders' equity, stating that China Shipbuilding Corporation will become the company's indirect or direct controlling shareholder.
This means that the transfer and integration of assets after the merger of the "South and North Ships" will enter a substantive stage.
It is reported that after the completion of this transfer, China State Shipbuilding Corporation will integrate the advantageous resources of the former CSSC and the former China Shipbuilding Industry Corporation, focusing on the development of marine defense equipment industry, shipbuilding equipment industry, technology application industry, and ship and sea service industry. In large areas, build a world-class shipping group with reasonable industrial structure, leading quality and efficiency, outstanding military core, and strong international competitiveness.