On the 22nd, the report said that Wang Yong, director of the State-owned Assets Supervision and Administration Commission, revealed at the meeting of heads of state-owned enterprises held on December 19 that in 2011, the reform of the company's shareholding system of central enterprises continued to advance, and China Railway Materials, China Minmetals and FAW Group had completed the whole. Restructuring.
In fact, FAW Group is the only auto group in the country's three major auto companies that has not achieved overall listing. As early as 2007, in the list of 30 centrally listed central enterprises that were appointed by the State-owned Assets Supervision and Administration Commission of the State Council, the name of FAW Group was already listed. According to the plan of the SASAC, the 30 companies should complete the overall listing before 2010. However, the time to market of FAW Group has been delayed. On July 2 this year, both FAW Car and FAW Xiali announced that the FAW Group Assets Shareholding Plan was approved by the State-owned Assets Supervision and Administration Commission of the State Council.
Wang Yong said at the meeting on the 19th that in 2012, the SASAC will also classify and guide the company's shareholding system reform, and continue to promote qualified central enterprises to accelerate the overall listing of the main business. According to industry analysts, under the background of the SASAC's overall listing of large state-owned groups, the completion of the restructuring of the group may become a landmark event for the overall listing.
It is reported that FAW's overall listing is currently highly confidential within the group, and FAW has set up a special team to take charge of the matter.
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