Six of its companies are staggering. Exploration of integration route of Aerospace science and engineering group

Source: Internet
Author: User
Aerospace Science and Engineering 6 companies in this week's astonishing increase in the military sector to create new highs. Then, after the AVIC, will it turn to the space science and engineering group? In this respect, a brokerage researcher to the "Daily economic news" reporter said, aerospace Science and engineering group's asset integration work will gradually get on track. From the current situation, the Chinese airline industry to take the lead in the restructuring of the benchmark is already obvious, after the top ten military groups will continue to carry out asset consolidation.  This "daily economic news" will take you first to explore the restructuring route of the aerospace division. The integration of aerospace science and engineering assets into the right track it is understood that the space science and technology is directly administered by the central state-owned large High-tech Enterprises, the predecessor of the Ministry of Defense in 1956, the Five Research Institute, experienced the seventh Department of Machinery and Industry, aerospace industry, aerospace industry, China Aerospace Corporation, China Aerospace Aerospace science and Technology currently has 7 research institutes, 2 scientific research and production base, 6 listed companies, 600 enterprises and institutions, more than 100,000 employees, professional and technical personnel accounted for the total number of workers nearly 50%, has 1599 experts to enjoy special allowances.  In all types of personnel, the existing "two bombs" meritorious Service Medal winners 1, two members of the Academy 8.  Aerospace Department of Aerospace Defense business mainly, its 6 listed companies, respectively, aerospace Changfeng, aerospace information, aerospace technology, aerospace Chenguang, aerospace electrical and aerospace communications. June 2007, Hudazhe as general Manager and party secretary of China Aerospace Science and Engineering Group Corporation.  After taking office in the 2008, the group focused on asset integration, improve the quality of assets and operational efficiency, so as to achieve the separation of HUDAZHE, auxiliary industry restructuring work. It is worth mentioning that at the working meeting in 2009, the leadership of Hudazhe was put forward to vigorously promote the capital operation in order to realize the goal of the civil-military interaction development, and promote the resource integration and restructuring of the listed companies.  Hudazhe repeatedly stressed that integration and reorganization is the future development direction of military enterprises, aerospace Science and Technology Group is actively exploring the existing listed company platform for a new round of industrial integration. Wang Tianyi, an Oriental securities researcher, pointed out that for a long time, the capital operation of the listed companies under Aerospace Science and engineering was poor. With the new leadership in office, the space science and engineering assets integration work will gradually get on track.  Because of good asset quality, business development space, the group has a number of listed companies, the future integration is facing great opportunities. Make full use of listed company integration platform a large brokerage researcher points out that compared to the aerospace industry and the two major military industrial groups, two groups also have many assets, aerospace science and technology integration platform to see only six, and AVIC industry has more than 10 integrated platform, obviously, space science and technology under the assets of many,  But the listed company platform is small, the group will pay more attention to the use of listed company platform. What are the assets of aerospace science and engineering?  First of all, we comb the asset units of the listed companies. Oriental Securities Research data show that the aerospace industry under the Chinese aerospace DivisionInstitute of Industrial Defense Technology (second house), mainly engaged in a variety of aircraft and large-scale systems engineering, the overall design and control, guidance, detection and tracking, ground equipment, measuring equipment development and production tasks, civilian products including medical equipment.  Its corresponding listed company for Aerospace Changfeng. China Aerospace Science and Technology Research Institute (three Yuan) is China's study, design, trial-manufacture and production of air navigation missile research and production base, has successfully developed a ship, ship, air ship and many other series, more than 20 kinds of cruise missiles, and developed a radar level meter, special modified vehicles, program-controlled switchboard, steel skeleton plastic composite pipe, Home Appliances computer program Control Board and plastic steel doors and windows more than 10 kinds of civilian goods.  The corresponding listed companies for aerospace technology. Guizhou Aerospace industry Company's main business for aerospace products, ground equipment, satellite applications, radar, special batteries, micro-motor, electronic components and other related product development, production, sales, aerospace technology development, technical advice.  Its corresponding listed companies for aerospace appliances.  Nanjing Chenguang Group is mainly engaged in civilian vehicles, pipe products, coal roadway excavation machine production, the corresponding listed companies are aerospace morning light. In addition, the Aerospace Science and Technology Research Institute of China Aerospace Industry (a courtyard), mainly engaged in small satellites, satellite applications in the field of technical research. The China Aerospace Science and Technology Research Institute (four Yuan) specializes in the development and production of ground missile weapon system, solid rocket launcher and so on. China Sanjiang Aerospace industry group mainly developed and manufactured special vehicles and light automobile series. China Aerospace Science and Technology Research Institute engaged in the development of solid rocket motor.  The Ninth Institute of Science and Industry of China (abbreviated as nine yuan) engages in special vehicle business. The Oriental Securities Research report points out that Hudazhe attaches great importance to the significance of listed companies in the development of the group business, he set a new strategic goal for space science and engineering, that is, to achieve the three goals in 2010: one is to strive to enter the ranks of the central enterprises, the second is to maintain the annual growth rate of more than 18%, 2010 Annual Third, the formation of a set of perfect civil-military integration, military-civilian research and production system.  Because some listed companies have not played the role of resource allocation effectively, he stressed that 6 listed companies must play the role of resource allocation. Mining Reorganization Concept Unit It is understood that since the 2009 working meeting, in order to achieve the leadership of the civil-military interactive development Goals, the group proposed to continue to steadily promote reform and adjustment work, further research and development of special vehicle resources integration and optimization work plan.  To promote clean-up and rectification of the company's work, complete the 80~100 company clean-up tasks, to ensure that level five, six companies in accordance with the legal procedures for all clean up. In accordance with the requirements of prominent main industry, by the end of 2010, the group will be under the control of 20 units. and business development, will speed up civil-military integration and key civilian industry development.  In addition, the group also participated in large aircraft and other national major project development. "Daily economic news" reporter learned that, in addition to the above 4 companies have a corresponding listed company platform, the other twoAerospace Communications and aerospace information are directly under the space science and engineering group.  At present, the Aerospace Science and Technology group has achieved restructuring and financing are: aerospace appliances for IPOs and additional, aerospace morning for the IPO, aerospace Changfeng for IPOs and additional, space science and engineering for IPOs and additional, space communications assets reorganization was stranded. It is worth noting that the core business of aerospace science and technology is missile and aerospace products and other strategic industries, on this basis, the group to play the technical advantages of military goods, focusing on the "big defense", "great security" concept, successfully entered the Non-traditional security field. In the process of fighting against Wenchuan earthquake, space science and engineering have played an overall advantage and provided a variety of emergency rescue equipment to the disaster area.  In addition, the group has opened up a large number of civilian business in the field of information service and equipment manufacturing.  A Sunshine private equity researcher pointed out that according to the "Big defense", "big security" concept, space Changfeng into the security business is expected to be more and more attention; In addition, aerospace communications and aerospace information due to the space science and engineering, from the equity relationship, the two companies are relatively convenient integration. The CIC believes that the size of the listed companies ' assets is about 14%, and the income scale is about 20%, which shows that the proportion of listed assets is small, and there may be new business IPO. As far as listed assets are concerned, the space science and technology, space light and so on can be a part of the reorganization.

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