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reorganization cases come one after another, and the integration of central enterprises is accelerating

2024-09-04

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according to zhiben consulting data, from january to early july 2024, the number of state-owned enterprise integration and reorganization events increased by more than 120% year-on-year. a number of large central enterprises such as china rare earth group, china minmetals group, sinopharm group, china resources group, and china telecom are accelerating integration and reorganization.

on september 3, china shipbuilding and china heavy industry announced at the same time that the two companies are planning a share swap and absorption merger, and china shipbuilding group has begun the asset integration.

this is just a microcosm of the accelerated integration of central enterprises. since the beginning of this year, the actual controller of guangsheng nonferrous metals has changed from guangdong provincial state-owned assets supervision and administration commission to china rare earth group, china resources group plans to acquire more than 10 billion yuan of changdian technology, and baobian electric's controlling shareholder china north industries group corporation is integrating its power transmission and transformation equipment business with china electric equipment group corporation...

according to zhiben consulting data, from january to early july 2024, the number of state-owned enterprise integration and reorganization events increased by more than 120% year-on-year. a number of large central enterprises such as china rare earth group, china minmetals group, sinopharm group, china resources group, and china telecom are accelerating integration and reorganization.

in this regard, luo xinyu, director of the shanghai institute of state-owned capital operation, said in an interview with a reporter from the shanghai securities news that mergers and acquisitions and restructuring can increase industrial concentration and promote the optimization and upgrading of the industrial structure to achieve high-quality development of the state-owned economy.