Central enterprises speed up the reorganization of asset distribution and integration

BEIJING, June 19 (Xinhua): Central Enterprises to speed up the reorganization of asset layout and accelerate the rapid pace of recent, overseas Chinese city, the state investment in electricity, gold and other listed companies in China issued a reorganization announcement.　　Industry insiders said that such a high density of the restructuring plan means that in the face of 2010 to reduce the target of 80-100, the central enterprises restructured into a new round of peak. According to the announcement issued by the listed companies, the recent overseas Chinese city, the country to invest in electricity, gold, and other pharmaceutical companies announced the reorganization, injection of funds program.　　At the same time, the St Eastern Airlines, St, St in the room and other companies due to the reorganization matters announced suspension.　　As early as 2006, Sasac made it clear that the central enterprises must do the top three industry, not to the required mandatory restructuring, to 2010 central enterprises will be reduced to 80 to 100 households. To this end, SASAC strongly encourages the central enterprises to do a good job in the integration of listed companies, and strengthen the listed companies.　　SASAC Reform Bureau officials said that the promotion of central enterprises in the overall listing or main business sector listed as a whole is one of the key work of SASAC this year. Take Oct as an example.　　June 9, Overseas Chinese city issued a notice: to the large shareholder to be directed to issue 486 million shares, the purchase of the group held by the Hua Fang Company, Overseas Chinese city investment and other 12 companies, and thus realize the overall listing of Oct group.　　In addition to the number of reorganization objectives, for SASAC, the more important goal is to reconfigure resources, so that the central enterprises bigger and stronger, enhance its competitiveness, influence and control, and cultivate 30-50 international competitive large Enterprise group. The overcapacity caused by the financial crisis will accelerate the reorganization and integration of central enterprises. At a recent city state-funded forum, Shao, deputy director of Sasac, said that at present, the vast majority of industries are in a state of oversupply. Companies face shrinking demand, or a grim problem of overcapacity.　　In the future, the state-owned assets should be further optimized in the process of reforming the state-owned enterprises and the state-owned assets management system. Statistics show that from 1 to April this year, the operating income of central enterprises fell by 9.2%, the profit fell by 36%. In the same period, local state-owned and state-controlled enterprises operating income fell by 8.4%, to achieve profit fell 58.1%.　　The central business income is the first decline for many years. In the operating income and profit double decline "push", the central enterprises are increasing market integration, speed up the distribution of assets around.　　Only in Chongqing, in the recently held "Chongqing State-owned Enterprises Open Development Forum", China General Group, China Shipbuilding Heavy Industry Group, China Petroleum and Natural gas group and other large central enterprises and Chongqing local state-owned companies signed hundreds of billions of yuan cooperation big single.　　In the forum, Li said, the State Council SASAC will actively support the promotion of central enterprises in accordance with the principle of marketization, and local state-owned enterprises and reputable private enterprises to carry out strategic reorganization. Liu Xin, a professor at university School of Management, says market integration is a crisis-oriented integration. In the context of the financial crisis, the resistance of central enterprises and local enterprise cooperationMuch smaller. The central enterprise can realize the optimized disposition of the resources in a larger scope, and the local enterprises can get the advanced technology and capital of the state-owned companies, optimize the structure adjustment, and achieve the leap-forward development.