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Which state-owned enterprises and central enterprises will be merged and reorganized in 2022?
China Electric Power Construction Co., Ltd. (hereinafter referred to as "China Power Construction") announced that in order to properly solve the problem of horizontal competition between Power Construction Group and the company, the company plans to replace assets with its controlling shareholder, Power Construction Group, and the company will replace its real estate assets with assets related to high-quality power grid auxiliary industries held by Power Construction Group.
Central enterprise integration
The horizontal strong alliance in the industry is mainly to merge the central enterprises with the same or similar business in the industry into similar projects, avoid vicious competition, maximize economies of scale and synergy, and build an internationally competitive "industry leader". This integration is generally through the exchange of shares to form a new enterprise.
Integrate leading enterprises, build a "national brand" with international competitiveness, avoid vicious competition and cannibalism in the process of "going global", expand overseas markets, and speed up production and output.
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