Ferrous Iron And Steel Industry Mergers And Acquisitions Guidance Will Be Baked - China Turbo Parts

A copy of the policy of mergers and acquisitions of domestic enterprises

, or will launch, likely to accelerate the pace of industry consolidation.

Yesterday's Office learned from an informed source, the Ministry of Industry has called "on accelerating the restructuring of corporate mergers and guidance" ("the Guidance") submitted to the State Council, the guidance largely eliminate local unreasonable policy to encourage businesses to "vertical and horizontal." guidance as above was adopted, the next step, nonferrous metals, steel, telecommunications, petrochemical, shipbuilding and other industries, mergers and acquisitions individual guidance may also be baked.

The source said that the angle from the national policy of merger and reorganization of enterprises little before, the main relevant policies are functions of the department in accordance with their own call of duty, set at the operational level. If the Commission two years ago announced the "significant asset restructuring of listed companies management approach", "Acquisition of Listed Companies," and so, the SASAC has also had regard to restructuring of state-owned enterprise restructuring guidance.

In fact, read the introduction last year, the top ten industrial restructuring and revitalization plan (the "Industrial Plan") is not difficult to find eight of which are involved in the industry, mergers and acquisitions planning content, 2009, the Ministry of Industry and one of the first is the introduction of heavy industry guidance on mergers and acquisitions. The revitalization plan is not included in the adjustment of cement industry, the Government may draw up a restructuring of guidance.

"You talk to the relevant state departments for each industry (for) a special policy is difficult to state the broad policy direction to a whole to converge. We compare the same idea is a comprehensive, more extensive guidance re-establish rules. "the source said.

This newspaper has learned in the research on this guidance, the process of soliciting opinions, most discussion focused on how to eliminate obstacles to the policy of merger and reorganization of enterprises, enterprises in the merger and restructuring to reduce the burden that may help solve enterprises in the merger and reorganization the difficulties encountered, such as the elimination of trans-regional, cross-ownership policy barriers, rationalize regional interests, increase taxes to support efforts to improve the system of innovation.

In addition to the problem of local protectionism, the informed sources, idea is to first clean up and see what sorts of local policies, and reasonable, "we should abolish unreasonable." Guidance not very detailed, but will propose a number of programs and requirements.

China Building Materials Industry Planning Research Institute, told China Liu hair, in the role of corporate mergers and acquisitions as a "facilitator", to create a more relaxed policy environment, "such as business investment projects in the past, government support of financial sector loans. But in mergers and acquisitions, capital management business, the State has no policy has been relaxed in recent years, opened its mouth on the sub-central rate, this is still not enough. "Sinoma Sui Yumin, vice president of shares, said:" From the Ministry of Industry, etc. Government level, the review and approval of very important. "

The source also said that the Government will not be any mergers and acquisitions too much intervention, but by the company to choose, will also improve efficiency, simplify procedures and standardize censorship. In addition, guidance does not point out the government-encouraged mergers and acquisitions business listings, because if only the central enterprise or individual support and encouragement of individual enterprises, will unfairly.

The direction of the merger and reorganization, the Government's emphasis in the following areas: to make superior enterprises bigger and stronger (such as mergers and acquisitions backward, difficult enterprise); to encourage the lower reaches of the joint reorganization of affiliated enterprises; scale with significant economic benefits for the company to encourage The cross-regional mergers and acquisitions in order to achieve a larger range of optimal allocation of resources and specialization; to promote the coordinated development of SMEs. Such as cement industry, many companies such as China Building Materials, National Materials Group in the local cement company to do the merger, but the cement raw materials should be strengthened with the upstream providers, downstream water transport and other industries to do more vertically integrated, so that the profits of the cement industry can continued to increase.

by: gaga

POST COMMENT

Handcuffs - Laser Light Projector - China Fat Beam Laser Ibanez Jet King - China Waterwell Drilling Rig - China Hydraulic Drilling Rig China's Textile Industry Base - Puning The best artificial grass manufacturer in China Canon Ef Lens Mount - Small Plastic Injection Molding Machine - China Plastic Injection Molding Butterball - China Hydraulic Couplings - Metal Fabrication Manufacturer Made In China Made Easy China Shut Down Small Thermal Power Units 7467 Units One And A Half Ahead Of Schedule To Complete China's Steel Industry Will Usher In The M & A Wave - Tileable Stone Texture Manufacturer The Effects of Echinacea on the Immune System Super Young Team - China Metal Slitter - China Laminate Slitter 50% Of Pharmaceutical Companies In China Breaking Force On The Ampoule Indifferent - Medicinal Petrobras - China Rotary Drilling Rigs - Hydraulic Drilling Rig Manufacturer