Central Enterprises Integration Path Clear CIC No. Second main part of the Central enterprises exit

Source: Internet
Author: User
Keywords Central Enterprises SASAC CIC No. second
Tags asset asset management business is clear company continue economic economic restructuring
Kornhill, according to the State Council SASAC informed people, "CIC second" after the establishment of the first mission is to help some central enterprises exit.  The asset management company prepared by SASAC has entered the approval phase, the person said. "CIC No. Second" is a nickname for the company.  Industry insiders said, "CIC second" after the establishment of a new round of central enterprise restructuring will be "merged similar" into "exit", the central-level state-owned economic restructuring will also start. "CIC Second", the main "exit", "CIC second" is Sasac's third state-owned asset management company. The plan for the company was reported to the State Department in March and is in the process of approval. "The main way to reduce the number of central enterprises in the future is to go into asset management companies," the SASAC person said. Li, director of Sasac, has said several times that 2010 years ago, the number of central enterprises will be reduced to 80-100.  At present, there are 138 central enterprises.  However, the above people stressed that the new round of central government restructuring can not only see the number of central enterprises, which means that the adjustment of the state-owned economic layout at the central level really began. At the beginning of 2003, the State Council was founded, the number of central enterprises is 196. Since then, the SASAC has carried out multiple rounds of integration by means of vertical integration, merging and similar, and the number of central enterprises has decreased by 58 during 6.  However, in this process, many are the internal integration between the central enterprises, few companies exit the market case. For the 80 to 100 of the origin of this figure, Li recently also made a note, "At that time, China's GDP accounted for the global gdp6%-12%, according to the world's top 500 enterprises standard 6%-12%, accounting for 30 households to 60 households." At the same time, there are a number of national economic lifeline and national security, such as the grain storage of these enterprises into the world 500 is unlikely, but for our country's food security is very important. So with this data, the target is 80 to 100 households. "The above people said," CIC second, "The establishment of the integration of central enterprises will accelerate the pace of integration will be the former" merged similar "mainly into the future to" exit "mainly. "CIC Second" will become the SASAC to help companies exit a major operating platform. "Some things, such as equity transfer and other operations Sasac inconvenient to do, need a platform, that is, state-owned asset management company this platform."  "he said. Li recently said that the formation of asset management companies already have the conditions. He said: "Objectively speaking, now a large number of central enterprises do not belong to the state-related national economic lifeline, national security industry, should be adjusted in the gradual adjustment." "This means that some of the central enterprises to exit, how to exit and other practical problems, SASAC has a clear map."  The people familiar with the matter also disclosed that if the enterprise size is smaller, the main business is not very clear, competitive, this time may be put into the "CIC No. Second", the first batch of companies will be put in more than 10. However, he stressed that Sasac did not put these enterprises into the pack, the key is how to help these companies step out through the asset management company platform. As Li said, "The meaning of adjustment is by no means a fling or a sale." "These companies have entered the" CIC second "and can be managed in a way that allows them to regain competitiveness, restructure them with external peers, or sell them to external strategic investors, the person said.  At this point, Cheng Tong and the country opened two pilot companies have been a useful attempt. Li also said: "We welcome other ownership enterprises to participate in our reorganization, some enterprises can turn it into a public company, but also welcome private enterprises." The other is the local SASAC, where the business is strong, so we give it. We also welcome foreign investment, and you can raise the efficiency of the enterprise.  "Other integration paths continue according to Sasac's plan," CIC No. second, the other integration path of the central government will continue. such as the integration of research institutes.  138 Central Enterprises also include China Agricultural Mechanization Science Research Institute, Wuhan Posts and Telecommunications Science Research Institute, and other 14 independent transformation research institutes.  For the central Science and technology enterprises, SASAC's attitude has been clear: in the higher concentration of the industry, encourage the integration of large enterprise groups, in a more decentralized industry, temporarily consider to reserve or consider with the same industry in the horizontal joint restructuring of scientific and technological enterprises. However, according to the SASAC Planning Development Bureau, the general orientation of such technology-based enterprises is to encourage enterprises to enter large conglomerates. "Because the trend of the past few years is that the concentration of the industry is increasing, and in the past those industries with a more fragmented industry concentration are the same."  "Moreover, the personage thinks, now some big industry group, are considering or have already established own research and development center, for example Chinalco has established the Chinese Aluminum Research Institute, if these research institutes do not enter the big industry group, may have the tendency which is marginalized." However, a person close to the SASAC said the commission has been very cautious on this road.  Many science and technology-oriented enterprises are undertaking the task of general research, SASAC has also stressed that research institutes to become the industry's technological innovation base, but due to a variety of complex interest relations, most of the institute or to enter the relevant industrial groups of the reorganization of the way together. In the strategic industry related to national security, there are some small enterprises, the future integration of such enterprises will also be "a large as the core, the small integration into". "The previous consolidation of similar, if necessary, will continue," the source said. ”

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