October 10, 2008, Beijing Financial Street of the building replaced Netcom Unicom signs. After 3 months, the SAC announced that Unicom and Netcom merger restructuring, the central enterprises to adjust from the 142 141 households newspaper profile picture Zhou Xiaodong She
7 23, SASAC director Li Rongrong,mbt sandals sale, the central charge of the enterprise one meeting that we should set up the new asset management company as an opportunity to speed up the central corporate restructuring and adjustment, the year the central rate adjustment from the 125 to 100 of the home.
recent industry sources, preparations for a long time the new asset management company set up as early as this month, it will be the establishment of the SAC since 2003, set up the third asset management company,buy cheap mbt shoes, its mission is to accelerate the merger and reorganization of central enterprises, 10 or more central enterprises will be integrated into the company.
mainly deal with the previous divestiture of assets and as a central enterprise hosting platforms Chengtong Group and State Development Investment Corporation is different from the new asset management company's samples were considered to be Singapore's Temasek Holdings.
For such results, SASAC director Li Rongrong that
.
under SASAC's plan to the existing 125 central SOEs to speed up mergers and acquisitions, the year the number of central enterprises should be reduced to 100.
SASAC since its inception in 2003,mbt shoes, the central enterprises had passed through mergers and acquisitions,mbt walking sandals, adjusted from the initial 196 to 125. For such results, Li Rongrong, and are not satisfied, he believes that adjusted to 100 or less.
This also means that in the next 5 months of time, not only to complete the new asset management company set up,shoes mbt, at least 25 central enterprises will subsequently be
SASAC present the new asset management company for information disclosure is limited, but experts and integrated close to the SASAC sources of information within its context has been initially apparent.
early as 2005, SAC began to build this company, earlier this year, the new company name identified as asset management companies, and received State Council approval. The registered capital will come from the proceeds of state-owned capital operation budget, which is central rate of the dividend. In 2009 the central state-owned capital operation budget approved by the State Council, the SASAC State-owned capital operation to determine the total 87.36 billion yuan budget expenditure.
Li Rongrong completed at the meeting stressed that a major adjustment for two reasons: the central enterprise integration will be completed during the year the number of control within the 100, not only the urgent need for industrial restructuring,US mbt shoes, but also the State Council,mbt sport, the SASAC assessment task.
also an important reason: the structure is irrational, group management, and heavy resource usage a lot, but efficiency is not high. going to participate in international competition,mbt shoes, need to have the match with the international business operations and management.
since 2003 has served as director of SASAC,discount mbt shoes, Li Rongrong has been a reference to that central rate is going to operation and management.
2007,mbt fumba, the SASAC issued a formal large companies.
in last month's meeting of heads of the central enterprises, Li Rongrong,mbt m walk, the meeting lasted 3 hours, 20 minutes of 125 central enterprises to the audience who recommended a book for and promised a summary of the book will be distributed to all copies.
Li Rongrong spoke highly of the summary, and read out the summary. He said the central enterprises face nowadays Guo Neiwai changing business environment, such as domestic stimulus policies Yidan out how to do business, a number of central enterprises have revealed not see the situation in the second half, and now have to deal with this complicated situation,replica mbt shoes, they could take look at the foreign counterparts are doing.
public sector and business organizations, senior executives in interviews, questionnaires based on dialogue and statistics and corporate financial analysis, depicting
mentions that foreign CEO who has realized the need to spend more effort to attract and retain increasingly prosperous, informed and has a strong sense of community for customers, while consumers is also becoming producers, companies should now rethink how to deal with this change.
which businesses into the new company
currently on the market for what is about to enter the newly established enterprise state-owned assets management company, has many suspect, or even lists the five types.
central rate of the state-owned assets from 2003 to about 2 trillion to the current 5.5 trillion, more than doubled. 2008 is also the world's financial crisis began to accelerate the merger and reorganization of the central enterprises to provide the best opportunity.
It is understood that the SASAC is the central enterprises to mobilize and persuade some of the overall initiative to accept the inclusion of state-owned asset management companies managed.
currently on the market as to which companies will enter this new company has many suspect, it was even listed five types,buy mbt shoes, such as: The first is scientific research institutes and consulting companies, the first Two Kinds of liquidity for the business enterprise; third type of enterprises the main central business marginalization; fourth category for the industry chain of supporting enterprise; fifth operational difficulties for the central enterprises.
concrete into which the company is still in speculation stage, but how mergers and acquisitions, the SAC has already made clear principles: state-owned capital will be essential to the national economy industries and key fields, in the seven major industry is absoluy holding, including the military, grid electricity, petroleum and petrochemicals, ecommunications,mbt walking shoes, coal, civil aviation and maritime transport, etc.,mbt shoes reviews, and to accelerate the cultivation and development of the formation of 30-50 at home with independent property rights and famous brands with international competitiveness of large companies and enterprise groups.
Liu Cheng that, according to SASAC management ideas, there will be two categories of companies not on the list, the first are those related to the national economy and large enterprise groups such as Petro, Sinopec, Mobile and National Grid Such enterprises, these enterprises as special, and costly,mbt walking shoes, and has achieved the control of state-owned economic lifeline.
the other are those who have large central enterprises listed groups, such as the five major power groups, these enterprises themselves of the power system, there are many listed companies, mergers and acquisitions is difficult to achieve, and there is no urgent demand.
Currently, only 5 months to complete the central rate within the target reduced to 100, Liu Cheng believes that a strong executive order in the SAC, the completion of the difficulty of the task is not significant. The key is the final outcome, enterprise asset management efficiency and return on capital employed of these targets will be improved.
welcome the participation of private enterprise and foreign investment
Li Rongrong has said that as long as they can increase the efficiency of enterprises, enterprises can do well,shoes mbt sale, welcome to private enterprises and local state-owned enterprises to participate in mergers and acquisitions, while also welcome foreign investment.
Liu Cheng said that SASAC will focus on integration of those enterprises are small scale,mbt shoes outlet, and no listed companies,discount mbt shoes, these enterprises through shareholding system into Guo new asset management company to operate the assets to achieve optimal integration within,shopping mbt shoes, and ultimay from the state-owned to state-controlled change, which some of them listed companies may realize, some enterprises may be sold.
to first respect the will of the enterprises themselves. ,mbt shoes, also allows some companies carry out a self-selection, so that the same business technology, marketing, personnel and other resources for effective integration of recombinant full synergy. Initial load of this company will have 10 or so companies.
addition to mergers and acquisitions among the central enterprises, Li Rongrong had made it clear that,mbt boot, as long as they can increase the efficiency of enterprises, enterprises can do well, welcome to private enterprises and local state-owned enterprises to participate in mergers and acquisitions,mbt lami, but also welcome foreign investment, does not rule out the some of the stronger companies to local enterprises, or in some mature markets out.
this year, Singapore's Temasek and Singapore Government Investment Company GIC in close high-level meeting with the SAC, and clearly expressed wish to participate in reorganization of the central enterprises.
recently, SASAC Deputy Director Shao Ning met with GIC director Zheng-Ping and his party welcomed the participation of the central business GIC restructuring.
from last month's meeting of the central business executive meeting was informed that Temasek has a number of central enterprises have had contact with the leaders, which the SAC has also made it clear, I hope they will be thinking the central enterprises to the SAC's overall plans.
the cooperation model that might, Liu Cheng view, shares the new asset management company will be tomorrow's most likely one of the ways of cooperation, and management, they want from 's rapid economic growth in the fruits, also hope to obtain from the operating assets of the interests of high returns, such as the operation to achieve a number of companies through the capital market. Such cooperation, making the domestic capital market and corporate learning aspects of international business.
Liu Cheng also expressed the hope that the SAC should not forget that a large number of private domestic capital, but also give the same opportunities of private capital.
state-owned assets management structure or changes
Li Rongrong, after that visit to Temasek, Temasek is the core system of governance structure and board of directors. He said future work will focus on the SASAC supervision.
like to use the media has been holding company.
Investment LLC was established in September 2007, Li Rongrong said that SASAC as early as in 2005, began to build the new asset management companies.
2003 6 months, just two months as the SASAC Director Li Rongrong's first visit to take place at Singapore's Temasek Holdings. He recalled, was accompanied by Zhu? Premier visits Singapore and visited Temasek, with a word the Prime Minister is very interested in that Temasek's companies are state-owned enterprises without a loss,chung shi walking shoes, No,mbt m walk, it is the most I think is the core part of the governance structure and its board system. and approved.
Temasek to set up a the same as asset management companies have also been put on the agenda.
last June, said Li Rongrong conversation with users, the SASAC in 2005 this special report to the State Council, and began to build,shoes mbt, which includes Thereafter, the two asset management companies set up Chengtong Group and State Development Investment Company, to the structure of the SASAC to try to see if these norms are not the appropriate statute, by operation of the two to three years of experience,cheap mbt shoes, current conditions have been met.
As of now, there are 32 central enterprises were the pilot board of directors and corporate governance,mbt sale, property rights transfer and performance assessment,mbt trainer, nearly a hundred articles in such areas as rules and regulations.
2003 established in the early days, SAC was given the management and oversight of the two functions and two-tier structure. basic set of laws and regulations established, it should be going up, that is, I began to have the condition, focus on supervision. From the second floor of the structure,sells mbt walking shoes, management and supervision to the three-tier structure that management, operation and supervision of the three-tier architecture changes.
selected,mbt shoes online, so he has a clear head, carry out their duties. appear like Enron, Lehman same problem.
Liu Cheng believes that this idea is seen in the shadow of Temasek.
Temasek's main task is to grasp the Singapore government's investment of enterprises, management of all government related businesses in Singapore. Government, through Temasek appoint directors to the control of personnel, through the review of financial reports Temasek discuss its operating performance and investment plans, to grasp the direction of enterprise development, and through direct investment, management, investment and ceded investment, etc.,mbt sandals clearance, to ensure that state-owned assets increasing the value. Temasek in strict accordance with market rules and supervision of its business, does not participate in the investment by investment companies,buy mbt walking shoes, commercial and operational decisions.
According to statistics, short Maxi Cheng at 30 years time,mbt shoes sold in us, the average annual shareholders for more than 16% of the total return on investment.
Temasek Holdings Temasek Holdings was founded in 1974, the Singapore government to a private company registered in the name investment companies, the Singapore Ministry of Finance on its 100% stake.
Temasek's main task is to grasp the Singapore government's investment of enterprises,mbt chapa, management of all government related businesses in Singapore. Temasek is not directly involved in decisions related to enterprise management and enterprise business decision-making entirely by their respective Board of Directors and professional team is responsible.
Temasek control,mbt sport, including Singapore ecom, Singapore Airlines, DBS Bank, Singapore's subway, the port of Singapore, Neptune Orient Shipping, Singapore Power, Keppel Group and Singapore's Raffles Ho,mbt shoes clearance, almost all the most important , the largest operations of enterprises,quality mbt shoes, foreign media had estimated the market value of shares owned by Temasek Holdings of Singapore stock market accounted for 47% of the whole, almost dominated the Singapore economy.
Temasek investment in Singapore in addition to the local market, but also to Asian markets and developed markets as investors focus on more than half of current assets outside of Singapore. One of the major investments include ekom Malaysia, India,mbt shoes sale, ICICI Bank, Australia's second-largest ecommunications company Optus so. In recent years the company has increased investment in the Chinese market.
Commentaires
Il n'y a aucun commentaire sur cet article.