News says CIC second is facing four difficulties in restructuring before National Day

Source: Internet
Author: User
Keywords News that CIC before the National day
CIC second is on the verge of "top-ranked central enterprises" unwilling to be packaged every reporter Tombellou from Beijing yesterday (August 17), "Daily economic news" reporter learned that CIC second is about to be listed before the National Day of this year, is currently in the final appointments.  According to the SASAC plan, the first batch of at least 10 central enterprises have been integrated into the CIC second trusteeship. The news detonated the industry's expectations for the second half of the restructuring.  However, due to the inconsistent standards of conformity, most of the top-ranked central enterprises are unwilling to "be loaded into" CIC No. second. China International Technical Intelligence Cooperation Company, Rainbow Group and other central enterprises call the "daily economic news", questioning the outside world about the company "was put into" the rumors of CIC No. second. "Who says we're going to be reorganized?" What are the criteria for reorganization?  "One of the central-enterprise people who declined to be named said to the daily economic news. Reorganization of at least three sets of standards according to a number of central enterprises, the second half of the enterprise will start large-scale restructuring, SASAC gave the standard is not clear, at least three sets of standards: first, the industry ranked back; second, the asset scale is small;  In line with the above 3 conditions of one of the central enterprises may be difficult to escape the fate of "integration", the current SASAC's data is to reduce the second half of 25 central enterprises. According to the previously announced business income ranking of the central enterprises, the smaller ones are: China Far East International Trade Corporation, China Printing Group, China International Engineering consulting company, China Aviation Equipment Group company and other companies, as well as the Shanghai Institute of Pharmaceutical Industry, China Institute of Electronic Engineering, China Agricultural Mechanization Science Research Institute, etc.  Only on the scale, in the possible reorganization of the 23 central enterprises, the Scientific Research Institute all 9. According to the reporter understand, 5 types of central enterprises or on the "reorganized" list. In a list, mention of China's international technical intelligence Cooperation Company, Rainbow Group and many other central enterprises.  Yesterday, the two central enterprises were called "Daily economic news" reporter, to "be reorganized" to be positively denied. "Our company is not ranked in the top level of the central enterprise and will not be included in CIC No. second," a relevant person told reporters. "The industry has noted that the total assets of the China Housing group are over 100 billion yuan, or it has been annexed by the China Construction Group."  The reason for the reorganization lies in the loss of the group for many years, which indicates that the central enterprises reorganization is based on performance appraisal.  Sources inside the SASAC said, "CIC No. Second" After the listing, the specific restructuring methods are divided into two kinds: one is included in the reorganization list of the central enterprises to find their own "in-laws", consultations and other central enterprises to merge and restructure; another way is to transfer the total number of CIC second, the first trusteeship reorganization. But the reorganization of the 25 central enterprises will be carried out in batches, Sasac has repeatedly stated publicly, "the condition of a mature one, the first integration." According to the latest news, CIC second, after the establishment of the first batch of the number of central enterprises installed in about 10.  Some people think that the smaller, the main business is not clear, competitive enterprises will be put in. According to other rumors, including China LuckyFilm Group and many of the central enterprises in the adjustment are beginning to worry about "restructuring." Why do the central enterprises worry about "being reorganized"? According to one central Enterprise Personage explained to the reporter, "originally is the level business, if is classified into the second, may become the three level enterprise after loading, may even be sold to other strategic investors." "In addition, other social capital and strategic investors have shown keen interest in the sale of state-owned stakes in central Enterprises and hope to get a piece of the restructuring."  Once CIC second is officially listed, social capital has more opportunities to participate in the restructuring of central enterprises. A number of central enterprises said that will not be "restructured" the integration standards are inconsistent, triggering the controversy between the central. The group is not part of one of these 3 types of companies, and the company has a very good future, said a correspondent for the Rainbow Group.  According to the introduction, Rainbow Group is accelerating transformation, that is, the traditional CRT manufacturers to upstream of the glass substrate supplier transformation.  Rainbow Group, Xi ' An, a person on the daily economic news reporter said that the previous picture tube is not a state-supported strategic industries, but the glass substrate belongs to the national strategic industry, so the Rainbow group will not be included in the CIC No. second. Minsheng Securities researcher Shong, "Daily economic news" reporter said, from the profitability analysis, Rainbow Group is currently the overall loss, but the group's glass substrate gross profit margin is high, once large-scale production, will be profitable.  The industry expects that the gross margin of glass substrate business is usually over 40%. Another central Enterprise insider said that simple packaging integration can only reduce the number of central enterprises, but this approach is not the end of the reform.  In the exploration of market-oriented restructuring, we should think about how to really bigger and stronger. "So, in the restructuring of the central enterprise, there are different views between enterprises and SASAC, which is normal." At present SASAC advocates the central government to find their own ' in-laws ', and only at the last minute will they use administrative power to consolidate.  said the central people. In the second half of the sensitive moment, a number of central enterprises are not included in the CIC second to carry out various efforts. China International Technical Intelligence Co., Ltd. a person called the Daily economic news reporter, said the company ranked in 125 central enterprises are not in the bottom, so will not be included in this year's restructuring.  It is reported that in the current 123 central Enterprises, China international Technical Intelligence Cooperation Company is the only professional engaged in human resources services of the Enterprise group. At the same time, the person also said, "would like to know what the SASAC reorganization criteria?" If only say after the ranking, our company does not belong to the bottom of the central enterprises, and also good performance assessment. "The restructuring of the central government faces four difficulties for some of the central enterprises of the doubts, the state-funded researchers pointed out that the elimination of the bottom is not the only indicator of integration." At present, SASAC's reorganization standards are flexible, taking into account the industrial chain, performance assessment and other factors.  If the central enterprises do not understand the place, should be actively with the relevant departments of SASAC timely communication. In fact, in the second half of the upcoming large-scale restructuring of the state-owned enterprises,The Committee is tightening up the subordinate Central enterprises property rights relations. August 12, the State Council state-funded committee issued the "Central Enterprise Property Status statistical analysis report." The report shows that since the establishment of SASAC, it has actively promoted the restructuring of state-owned enterprises.  As of August 17 this year, SASAC supervised a central enterprise of 123 households, reducing 73 households from 196 households in early 2003.  Property registration data show that as of June 30 this year, the central enterprises and their enterprises, the company accounted for 69.43% of all registered enterprises, of which the central enterprises in the company's enterprises for 32 households, accounting for 25.06%, compared to the 2005 central Enterprises in the proportion of corporate enterprises increased by 15.85%.  The proportion of corporate enterprises in the first, two, three and below enterprises of the central Enterprise is 56.03%, 70.74% and 76.82% respectively, which is increased by 5.66, 8.01 and 3.75% respectively compared with the proportion of companies in the same class enterprises in the 2005. After the introduction of the property investigation report, Sasac is familiar with the property relations of 123 central enterprises.  Industry insiders believe that this is the SASAC for the upcoming second half of the restructuring of the central enterprises to pave the ground, and for the "restructured" central enterprises to provide real property relations basis. Wenzongyu, director of the state-owned Assets Research Institute of the Ministry of Finance, said that the restructuring of central enterprises faces four difficulties. The first difficulty is the personnel arrangement, because the boss of the central government has the administrative level, staff arrangement and management team integration is a big problem. The second is the history of how to solve the problem, such as bank loans, foreign investment failure, such as the death of bad debts how to write off.  The third is the problem of industrial integration. The other is that CIC No. Second has the ability to take on a restructuring task. Because the State Council SASAC is a government department, the administrative integration is easy to use, command can be zoned dozens of to go in. But the state-owned asset management company is only a company, can only rely on market-oriented, industrialization, property rights of integration. How this kind of administrative integration transforms into the market conformity, really has the very serious test.
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