The reform of state-owned chemical enterprises is accelerating in depth.
recently, it was learned from Sinochem Group that the company has established a common fault 3: the leading group and working group for the reform of state-owned chemical enterprises during loading. As the first central enterprise in the petroleum and chemical industry to establish a high-level leading body for the reform of state-owned enterprises, Sinochem Group's actions show that with the release of the guiding opinions on deepening the reform of state-owned enterprises, the reform of state-owned enterprises of central chemical enterprises has the potential to accelerate after the vigorous pilot reform of local state-owned enterprises in the past two years
Sinochem Group said that in the next step, Sinochem Group will deepen the reform of state-owned enterprises in two stages: before the end of 2015, the working group on deepening the reform of state-owned enterprises will closely communicate with relevant ministries and commissions, understand the policy trends, and conduct research on relevant implementation rules; From the beginning of 2016 to the middle of this year, the working group will take the lead in forming the discussion draft of Sinochem's overall plan for deepening the reform of state-owned enterprises, and the relevant secondary units and functional departments will form their own special work plan discussion draft, which will be implemented after extensive consultation, modification, improvement and implementation of relevant internal and external approval procedures
local state-owned enterprises and central enterprises are the two main lines of state-owned enterprise reform. In the past two years, the reform of state-owned chemical enterprises across the country has been a success story. Take Shanghai as an example. On March 24 this year, the trading of shuangqian shares resumed after the suspension of trading for four months. Shuangqian shares will receive an asset injection of 11.6 billion yuan from the parent company Shanghai Huayi Group, realizing the overall listing of Huayi. So far, Huayi Group has become one of the first state-owned assets reform enterprises in Shanghai. The reform of state-owned assets in Shandong has also entered a new stage of comprehensive deepening. From the perspective of reform ideas, asset integration may replace mixed reform as the main path of local state-owned enterprise reform, including backdoor listing, asset mergers and acquisitions, etc. On June 12, Yankuang Group, Shandong energy and Hualu group were identified as the second batch of pilot enterprises for the reconstruction of state-owned capital investment 6-sided leveling operation (4) maximum load elongation and failure elongation companies. In the southwest, marked by the free transfer of 100% of the equity of Lutianhua group by Sichuan Chemical holding group to Luzhou SASAC, the reform of state-owned assets of Sichuan chemical industry system has taken substantial steps. At the beginning of this month, Yunnan energy investment group subscribed for the new non-public offering shares of Yunnan Yanhua Chemical Co., Ltd. to be listed on Shenzhen Stock Exchange, marking that Yunnan energy investment officially took over Yunnan Yanhua Chemical Co., Ltd. and became the largest shareholder of the company
at the level of central enterprises, PetroChina and Sinopec have started the reform of mixed ownership. Although there is still a lack of top-level design and group level actions, the secondary units of central enterprises have also made frequent actions in the reform of state-owned enterprises recently. At present, Sinochem and SINOCHEM have a large number of subsidiaries, so there is a large space for integration. The actions concerned by the industry include Bluestar new material issuing shares to China Bluestar to purchase andissumethionine assets, major asset restructuring of Heihua shares, etc. In addition, Shenyang Chemical Industry Co., Ltd., Hechi Chemical Industry Co., Ltd., Cangzhou Dahua Chemical Industry Co., Ltd., Sanonda A and Tianhua Research Institute also have the expectation of asset restructuring, which often does not need the digital display with chart reading. This time Sinochem Group officially started the reform of state-owned enterprises at the group level, and the restructuring of subsidiaries of central enterprises is expected to set off a climax
as a popular concept and investment theme in the capital market this year, the reform of state-owned enterprises has attracted a large number of investors. Analysts from many securities companies such as Guotai Junan pointed out that a large part of the targets of state-owned enterprise reform are listed companies. While enhancing the vitality and efficiency of enterprises, state-owned enterprise reform is also expected to improve the valuation level of relevant listed companies through asset securitization. In the future, the reform of state-owned chemical enterprises is expected to accelerate along the main lines of business and segment segmentation, asset integration and overall listing
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