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Sasac defines the new goal of professional integration of central enterprises and focuses on buildin

Date: 2022-07-15
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The overall goal of the next step is to effectively solve the homogenization competition and redundant construction among central enterprises through professional integration;

Realize the focus of the main business and the clearer industrial structure, and form a group of 'specialized and special new' sub-enterprises with high professional level, strong innovation ability and outstanding leading role, and build a group of world-class enterprises with global competitiveness;

Promote the overall efficiency of resource allocation, continuously optimize the layout structure of the state-owned economy, and make greater contributions to building a new development pattern and achieving high-quality development.

On July 12th, the State-owned Assets Supervision and Administration Commission of the State Council held a promotion meeting for deepening the professional integration of central enterprises in Beijing (hereinafter referred to as the 'promotion meeting'), summarizing the progress and effectiveness of the professional integration of central enterprises, and making new arrangements for the next step.

The integration work has achieved phased results.

At the meeting, Weng Jieming, deputy director of the State-owned Assets Supervision and Administration Commission, said that in recent years, the central enterprises have focused on serving the national strategy, promoting the optimization of the layout structure of the state-owned economy, and promoting the high-quality development of the economy, and implemented a number of specialized integration projects with new methods, great efforts, and good results, which have been highly affirmed by all sectors of society and fully recognized by the capital market.

First, it effectively served the implementation of major national strategies; Second, it has effectively promoted the optimization of the layout structure of the state-owned economy; Third, it effectively guarantees the security and stability of the industrial chain supply chain; Fourth, it has effectively promoted the level of scientific and technological innovation.

It is understood that in the process of professional integration, a number of typical cases have emerged. Weng Jieming introduced that after Angang reorganized Benxi Steel, the crude steel production capacity jumped to the second place in China and the third place in the world, further enhancing the industrial concentration, and accelerating the formation of a new steel industry pattern with Baowu in the south and Angang in the north. Through the integration of cement sector business, China Building Materials has built Tianshan into the largest cement company in the world with a market value exceeding 100 billion yuan, and promoted the core business to become stronger, better and bigger; China Ocean Shipping acquired OOCL International and Shengshi Container, which won the initiative in the container market when 'one box is hard to find', and played an important role in the smooth import and export trade under the epidemic situation ...

We will focus on building two batches of enterprises.

On the same day, the 'Promotion Meeting' announced the overall goal of the next stage of the professional integration of central enterprises, and made it clear that it would focus on building two types of enterprises: forming a number of 'specialized and innovative' sub-enterprises with high professional level, strong innovation ability and outstanding leading role, and building a number of world-class enterprises with global competitiveness.

Where does the first-class enterprise come from, and how can its subsidiaries be more professional and innovative?

In fact, the former means resource integration among central enterprises, while the latter means deep integration within central enterprises.

Weng Jieming introduced that to speed up the effective integration of resources among central enterprises, the next step will be to focus on taking charge of the main business and cultivating superior enterprises, so as to prevent blind and diversified development. Accelerate the cultivation of first-class enterprises with strong competitiveness and excellent resource allocation in key areas such as inspection and testing, medical and health care, equipment manufacturing, artificial intelligence, new energy, cloud computing, steel and logistics, and strategic emerging industries.

In promoting deep integration and integration within enterprises, we will focus on enhancing the core competitiveness of enterprises and promoting the development of sub-enterprises to be more professional. On the one hand, promote 'one industry, one enterprise, one industry' in an orderly manner. The first-class business is mainly operated by a subsidiary enterprise, and a subsidiary enterprise mainly operates the first-class business, creating a professional development model with clear business, unified management and integrated operation; On the other hand, resolutely withdraw from the 'two non-businesses' and inefficient and ineffective assets that have no competitive advantage and lack of development potential, intensify the integration of sub-enterprises with management levels above level 4, and solve the problems of too long management chain and scattered business resources.

In addition, in the next stage, the professional integration of central enterprises will focus on the function of the platform, and realize the synergy between industrial groups and investment and operation companies; Focus on optimizing resource allocation on a larger scale, and promote the organic combination of central enterprises and external resources; Focus on improving the efficiency of integration, and further innovate working methods.

It is also known that at the 'promotion meeting' on the same day, 13 groups of specialized integration projects of 25 units, including China Electronics and China Logistics, were signed in a centralized way, covering digital technology platform, navigation business, energy equipment, supply chain services and other cooperation fields. BOC International Securities report predicts that with the announcement of the overall goal of the next stage, the process of professional integration of central enterprises will be further accelerated in the second half of the year.


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