SASAC will actively explore the direct equity held by the overall market of central enterprises

 Xinhua Beijing on Dec. 15 (Xinhua Fan Xi Chen Yuming) in 2009, China will continue to promote joint-stock system reform of central enterprises. SASAC Director Li Rongrong, 15, said the SASAC will continue to drive the overall market of central enterprises, and actively explore Central SASAC directly held corporate equity market as a whole.
Li Rongrong held in 15 working conference of central enterprises responsible for the remarks.
According to the plan, the SAC will continue to promote qualified central enterprises to be reorganized listed or listed by the main business sector as a whole, support qualified enterprises to the central core business assets gradually into the listed company; encourage enterprises to the central integration of listed companies holding, stronger and larger listed companies.
present, China There are three main state-owned enterprises listed on the form: the overall market, the main business listing, or spin-off. Since 2007, the central enterprises to promote the overall market as a priority for the SAC. and the spin-off compared to the overall market is conducive to resolving the old system of non-listed companies, listed companies and the parent improper related party transactions, major shareholders accounting for money and other issues malicious.
present, in practice, to achieve the overall listing of most of the central enterprises to take leave as a parent holding institutions mode. But experts point out that, as a shell, the company's continued stay is not conducive to the investor on the central management of enterprise assets to achieve flat.
However, if the central enterprises to truly achieve the Group's overall market, not as a listed company the parent company to exercise the rights of state assets, then what of state assets by the investors who will exercise the put right a problem before the SAC.
It is understood that the SAC has already started the deployment of direct support from the SAC have an overall market share of the work of central enterprises. Last November, Li Wei, deputy director of SASAC, the central enterprises controlled listed companies in the Standard and Development Conference, once said that with the current promotion of the overall market of central enterprises, held shares in listed companies, it is difficult to avoid investors of the functions of SASAC really in place. However, in practice the process also need to properly resolve the issues.
, an official said, according to the SASAC, the SASAC direct stake in the promotion of respect has been more cautious, but next year related experimental work should start.