Friends who are familiar with the nature of China's enterprises probably know that the types of enterprises in China are roughly divided into central enterprises, local state-owned enterprises, private enterprises, foreign-funded enterprises and Sino-foreign joint ventures. Among them, the central enterprises are directly under the management of the State-owned Assets Supervision and Administration Commission of the State Council, and there are more than 90 central enterprises in China, most of which have been shortlisted for the world's top 500. In the process of developing and growing, these powerful central enterprises have merged a large number of local star enterprises, of which many local enterprises in Guangdong have married into the giants and become the subsidiaries of central enterprises. Do you know who these Guangdong enterprises that have entered the sequence of central enterprises are, and why have they joined the central enterprises? Today Xiaopeng will share it with you.
1, Baowu Group Guangdong Shaoguan Iron and Steel Co., Ltd
Baowu Group Guangdong Shaoguan Iron and Steel Co., Ltd., formerly known as Guangdong Shaoguan Iron and Steel Group, was founded on August 22, 1966. In August 2011, Baosteel and the State-owned Assets Supervision and Administration Commission of Guangdong Province signed an equity transfer agreement, and the controlling right of Shaosteel was transferred to Baosteel Group, and Shaosteel became a subsidiary of Baowu Group. With an annual output capacity of 6.6 million tons, Shaosteel is an important steel production base and a national high-tech enterprise in Guangdong Province. The main products of steel cover plates, rods, varieties of wire rods and special steel long products, etc., and are widely used in automotive, petrochemical, machinery manufacturing, energy and transportation, aerospace and other industries.
2, Sinopharm Group Consensus Pharmaceutical Co., Ltd
Sinopharm Group Consistent Pharmaceutical Co., Ltd., formerly known as Shenzhen Pharmaceutical Production and Supply Corporation, was established in 1985. In 2004, it was merged into China National Pharmaceutical Group Co., Ltd. and is now a listed company of Sinopharm Holdings Co., Ltd. This enterprise is mainly engaged in the pharmaceutical circulation industry, is the Sinopharm Group to integrate the national pharmaceutical retail platform, the company has 110 member units, with more than 30,000 employees. In 2019, the operating income exceeded 50 billion yuan, ranking 51st in Guangdong Province. At the same time, the company is also a special reserve base for pharmaceutical and equipment commodities in the central government, Guangdong and Guangxi.
3, Guangfa Bank
Founded in 1988, Guangfa Bank is one of the 12 national joint-stock commercial banks in China. In 2016, it became a member unit of Chinese Life Insurance Group, a large central enterprise. In 2020, the total assets of Guangfa Bank exceeded 3 trillion yuan, and the major shareholders include Chinese Life, CITIC Trust, State Grid Yingda, Jiangxi Jiaotong Investment, AVIC Investment, etc. are all large state-owned enterprises. Headquartered in Guangzhou, the central city of the Greater Bay Area, the company has set up 46 branches and 882 business institutions in 25 provinces, municipalities directly under the Central Government, autonomous regions, Hong Kong and Macao, and is a bank of the same level as China Merchants Bank and Ping An Bank in Guangdong Province.
4, Shenzhen Airlines Co., Ltd
Shenzhen Airlines Co., Ltd., founded in October 1992, is a joint investment of Guangdong Guangkong Group Co., Ltd., Air China and other five companies, launched in September 1993, in 2005 Shenzhen Airlines carried out equity transfer, became a private capital holding airline, in March 2010 Air China held Shenzhen Airlines equity from the original 25% to 51%, becoming the controlling shareholder of Shenzhen Airlines. Based in Shenzhen, Shenzhen Airlines has more than 200 aircraft and strives to become a large network airline with a route network covering Asia and intercontinental terms.
5, Guangdong China Tobacco Industry Co., Ltd
In 1981, China included the tobacco industry in the national monopoly, and then established the China National Tobacco Corporation. Guangdong China Tobacco Industry Co., Ltd. is a cigarette industry enterprise under central management in such a big environment. Guangdong Tobacco is responsible for the production, operation and management of the cigarette industry in Guangdong, merging the original four cigarette factories in Guangzhou, Shaoguan, Meizhou and Zhanjiang, and participating in shenzhen tobacco industry company. Guangdong China Tobacco Company, a total of more than 5,000 employees, total assets of more than 10 billion yuan, the company's annual cumulative sales of more than 3 million boxes of cigarettes, to achieve tax profits of about 25 billion yuan, is a veritable cornucopia enterprises.
6, Snowflake Beer (Foshan) Co., Ltd
Snowflake Beer (Foshan) Co., Ltd., affiliated to China Resources Snow Beer (China) Co., Ltd. Founded in 2007, the company is developed from the original Jinwei Beer Foshan Company, the factory is located in Nanhai District, Foshan City, Jinwei Beer is a local state-owned brand in Guangdong Province, headquartered in Hong Kong. China Resources Snowflake Beer is the first beer brand in China, with more than 90 factories in the country and a market share of about 30% in China. China Resources Snowflake Foshan Company belongs to China Resources Snowflake Guangdong Regional Company, which is one of the largest, modern and professional beer brewing and production enterprises in Guangdong.
Why did you marry into a rich family?
In the market economy environment, the merger and reorganization of enterprises is a very normal business behavior. Some mergers and acquisitions occur in a difficult period of enterprise experience, some are strong alliances between excellent enterprises, and most of the restructuring between central enterprises is the embodiment of the overall industrial direction of the country. For example, Guangdong China Tobacco Industry Company, Shaoguan Iron and Steel, Shenzhen Airlines, Guangfa Bank merged into China National Tobacco Corporation, China Baowu Iron and Steel Group, Air China, Chinese Life are all big strategies for the integration of central enterprises, Jinwei Beer, Consistent Pharmaceutical and China Resources Group, Sinopharm Group are more market behavior. Of course, the mergers and acquisitions of many central enterprises are not within the control of the resident cities, but also the inevitable result.
The merger of central enterprises still contributes to Guangdong
The six enterprises originally headquartered in various cities in Guangdong that we introduced above have eventually merged into large central enterprises for various reasons and become subsidiaries of central enterprises. At present, these enterprises are still the economic pillars of the cities where they are stationed, such as Shaoguan Iron and Steel, Guangdong China Tobacco Industry Company, etc. are still the core forces of Guangdong's economic development. China Resources Beer, Guangfa Bank, Shenzhen Airlines, Sinopharm Consistent Pharmaceutical, etc. still play an important role in Guangdong's industrial production, business and life. Having a larger platform is not necessarily a bad thing for a business to grow in the future.
Guess: Which city is this?
In addition to the 6 star enterprises that we mentioned that guangdong merged into central enterprises, do you know which other enterprises in Guangdong have also been merged into other larger enterprise groups? We also welcome everyone to leave a message to add, welcome to Xiaopeng Finance.
To learn more about Guangdong, please click on the link: [The central government has determined the megacity of Guangzhou, and what has The Eastern Guangdong Meizhou Huizhou Shenzhen Jieyang paid for the provincial capital? 】