The reform of state-owned enterprises continues to ferment, and the finale at the end of the year is being rolled out one after another!
In November 2013, the Third Plenary Session of the 18th CPC Central Committee opened the curtain on the reform of state-owned enterprises, and carried out comprehensive planning and deployment for a new round of reform.
Therefore, for December, as the time node approaches, the related themes of state-owned enterprise reform are expected to heat up again!
The logical drive of state-owned enterprise reform:
1) Capital revitalization: improve the rate of state-owned assets and revitalize the efficiency of state-owned enterprises.
2) Increase in holdings of the national team: Guoxin Holdings increased its holdings in the CSI Guoxin Central Enterprises Index on December 1 and will continue to increase its holdings in the future.
3) Asset restructuring: Nanjing Business Travel Connected Board has triggered market expectations for asset injection and asset restructuring of state-owned enterprises.
Common patterns:
1) Asset injection expectations brought about by peer competition. Generally speaking, if there is a change in the majority shareholder of the company, it is necessary to consider the possibility of this aspect.
In the near future, Zhewen Films, competing with the same industry, also has the expectation of asset injection.Sinochem Geotechnical and Brother companies are particularly competitive in the same industry.
2) Business overlap and peer competition needs to be rectified.
Jiangsu Shuntian, Soho Hongye, Hongye **, Huihong Group, all belong to Soho Holding Group, all of which are engaged in foreign trade and bulk commodity trading, and have rectification expectations.New Wufeng and Jinjian Rice are both part of Hunan Agricultural Development Group, and their business is also competitive and there are expectations for rectification.
Sanxiang Image, Huatian Hotel, both belong to Hunan tourism, both have hotel business, and there are rectification expectations.
3) Backdoor. Especially for some high-tech companies, the development is too fast, and they are in urgent need of financing, they will consider backdoor borrowing.
Hua Kun Zhenyu was established in June 20. However, through backdoor high-tech development, the listing was directly realized.
4) The company replaces assets and changes its main business.
The strongest direction of restructuring is expected at the moment. Especially some chemical, real estate, infrastructure, and retail department stores that are not doing very well. There is an expectation of restructuring.
Zhongbai Group, if its performance is not good, it is possible to inject it into Wuhan Data Group and change its career to do data.East Lake High-tech, the infrastructure company has been sold, and it may be injected into Hubei Data Group and changed to do data.
Shahe shares, there are no real estate projects in hand, all cash. It may be injected into Shenzhen Duty Free Group and changed to consumption.
Rheinland Sports, not sports, ready to engage in tourism.
The recent market fermentation, from the central enterprises to the local government, has gradually shown a trend of sparks!
Behind the spark of state-owned enterprise reform, there are also certain local characteristics!
Historically, there is the memory of speculating on maps, and the current reform of state-owned enterprises has been fermented one after another, and it seems that it has once again set off a wave of speculating maps!
From central enterprises to local governments, the latest classic state-owned enterprise reform enterprises are:
1) Central enterprises: Yinbaoshan new, doubled in the early stage, the actual controller is China Orient Asset Management Co., Ltd. China Shipbuilding Technology, today's first board, the actual controller is the State-owned Assets Supervision and Administration Commission.
Guoxin Culture, today's first board, the actual controller is the State-owned Assets Supervision and Administration Commission.
CCCC Real Estate, the first board today, the actual controller is China Communications Construction Group
2) Provincial level: Dragon Media - Heilongjiang Department of Finance.
Cultural Investment Holdings - Beijing State-owned Cultural Assets Management Center Dalong Real Estate - Beijing Shunyi District State-owned Assets Supervision and Administration Commission.
Yunding Technology - Shandong SASAC Huihong Group - Jiangsu SASAC.
Shanghai Jianke - Shanghai SASAC Reader Media - Gansu SASAC.
Quanyang Spring - Jilin Provincial State-owned Assets Supervision and Administration Commission (SASAC) Jinlong Automobile - Fujian State-owned Assets Supervision and Administration Commission.
3) Municipal level: Sichuan Jinding - Luoyang Management Committee.
Boxin Co., Ltd. - Nanjing Business Travel, Gusu District, Suzhou City - Nanjing State-owned Assets Supervision and Administration Commission.
Nanjing Public - Nanjing SASAC Nanjing Port - Nanjing SASAC.
Nanning Department Store - Nanning SASAC Yinfei Storage - Jingdezhen SASAC.
Jinan High-tech - Jinan High-tech Zone Management Committee, Yibin Paper - Yibin State-owned Assets Supervision and Administration Commission.
Pearl River Piano - Guangzhou State-owned Assets Supervision and Administration Commission.
The most obvious recent market performance is the target of state-owned enterprise reform with a region!
From the municipal level, the opportunities are concentrated in municipalities, provincial capitals and economically developed areas, and the names of the targets are with place names. For example, in the north, in Shanghai, and in Guangzhou;
Jiangsu - Nanjing: Nanjing Business Travel, Nanjing Port, Nanjing Public Sichuan - Chengdu: Chengdu Gas.
Shandong - Qingdao: Qingdao Double Star, Qingdao Port Shandong - Jinan: Jinan High-tech.
Jilin - Changchun: Quanyangquan Hunan - Changsha: Hunan investment.
Hubei - Wuhan: Wuhan holds Guangxi - Nanning Department Store.