What is the purpose of China Mobile’s restructuring (truth) _ What impact does China Mobile have on the user’s restructuring?

China Mobile’s restructuring and eating on the hot search list, then what is the purpose of China Mobile’s restructuring? What impact does China Mobile's reform have on users? Let's take a look at the specific follow-up Xiaobian.

What is the purpose of China Mobile’s restructuring (truth)

In fact, earlier on December 21, China Telecom announced that the name of the controlling parent company was changed from "China Telecom Group Corporation" to "China Telecom Group Co., Ltd.", and the transition from a state-owned enterprise to a state-owned company was completed.

However, on December 25th, China Mobile officially announced that China Mobile Communications Corporation had completed the restructuring of the company system, and the name was added “limited”. The enterprise type was changed from a state-owned enterprise to a state-owned company. So what is the purpose? Is it related to mixed reform?

This is not the case. China Telecom and China Mobile's restructuring are the "unified actions" of the State-owned Assets Supervision and Administration Commission's central enterprise restructuring. After the completion of the restructuring, the state-owned enterprises that are not owned by the whole people will not exist, but will be replaced by the modern enterprise system. A sole proprietorship limited liability company. There is no half-dollar relationship with the mixed change.

We can look at the announcement of China Mobile:

According to Box 1, the restructuring is carried out in accordance with the requirements of the state-related restructuring of the central enterprise system. This is a unified action of the state.

According to Box 2, the nature of the enterprise has changed, from the ownership of the whole people to the state-owned company.

According to Box 3, regardless of the Chinese name or the English name, “Limited Liability”/“Ltd.” is highlighted, which means that the central enterprises can also go bankrupt in the future, and the state only has to bear limited liability.

According to Box 4, although the name has changed, it has no impact on business, assets, qualifications, credits and debts.

I went to the SASAC website to look at it. There are still several companies that have completed restructuring in December, including important industries such as nuclear and aerospace: CNNC completed the restructuring of the company and changed its name to China National Nuclear Corporation.

After the restructuring of “China National Petroleum Corporation”, the name was changed to “China National Petroleum Corporation”.

“China Aerospace Science and Technology Corporation” was changed to “China Aerospace Science and Technology Group Co., Ltd.”.

China Railway Materials (Group) Corporation completed the restructuring and changed its name to China Railway Materials Group Co., Ltd.

China Railway Communication Signal Group Co., Ltd. obtained a new business license issued by the industrial and commercial department, and the company name was changed to China Railway Communication Signal Group Co., Ltd.

In addition, the media has reported that the "China Weaponry Industry Group Corporation" has also completed the restructuring, and even the military industrial enterprises have changed.

After the completion of the reform, the “ownership system”, which is owned by the whole people but has no supervisory power, will be replaced by “state-owned sole proprietorship company”. The people’s congress will be responsible to the whole people. The State Council is responsible to the people’s congress and is managed by the state. The modern enterprise management system consisting of the party committee, the board of directors, the board of supervisors and the manager is responsible for the supervision of the organization.

What impact does China Mobile have on the user's restructuring?

What impact does China Mobile's restructuring have on users? What is the change? The following is a summary of the small series of news, let's take a look:

It is reported that the type of enterprise of China Mobile Communications Corporation has been changed from a state-owned enterprise to a state-owned company. The name of the company was changed from “China Mobile Communications Corporation” to “China Mobile Communications Group Co., Ltd.”. In addition, the original business, assets, qualifications, creditor's rights and debts of the enterprise were inherited by China Mobile Communications Group Co., Ltd. after the restructuring.

Last week, China Telecom also announced the announcement of “China Telecom Group Corporation Completes Corporate System Reform”. The type of enterprise was changed from a state-owned enterprise to a state-owned enterprise. The name of the enterprise was changed from “China Telecom Group Corporation” to “China Telecom Group Co., Ltd.”. The original business, assets, qualifications, creditor’s rights and debts of the enterprise were all changed by China Telecom. Group Ltd. inherited.

In recent years, the State-owned Assets Supervision and Administration Commission of the State Council has promoted the pilot work of the board of directors of state-owned enterprises in some large state-owned enterprises. After the pilot projects of Baosteel and China National Building Material Group, the company has changed from a state-owned legal person enterprise to a state-owned sole proprietorship company. In August of this year, China Unicom issued a mixed-reform plan, which announced that it would form a diversified board of directors and managers through mixed reforms, as well as a mixed-ownership corporate governance mechanism with equal rights and responsibilities, coordinated operation, and effective checks and balances.

According to the plan, China Unicom will issue shares of 78 billion yuan, including strategic investors including Baidu, Alibaba, Tencent and JD. It will subscribe for 9 billion shares of China Unicom A shares and purchase 1.9 billion from Unicom Group. Shares of China Unicom A shares, which together accounted for 34.9% of the enlarged issued share capital, the price was 6.83 yuan / share. Among them, Alibaba will invest 4.35 billion yuan in Unicom A shares, accounting for 2.04%. In July this year, the General Office of the State Council issued the “Implementation Plan for the Reform of the Central Enterprise Company System”. The implementation plan gives a clear timetable: Before the end of 2017, in addition to the central financial and cultural enterprises, the registration of the industrial enterprises under the ownership of the whole people and the SASAC The central enterprises under supervision are all restructured into limited liability companies or joint stock companies registered under the company law.

China Mobile Communications Group Co., Ltd.

Synonym China Mobile generally refers to China Mobile Communications Group Co., Ltd.

China Mobile Communications Group Limited "China Mobile CommunicaTIons Group Co., Ltd" ("China Mobile"), established on April 20, 2000, is a GSM, TD-SCDMA and TD-LTE based network. Mobile communication carrier. China Mobile Communications Corporation is a state-owned backbone enterprise established on the basis of the overall divestiture of China Telecom's mobile communication assets in accordance with the country's deployment and requirements for telecommunications system reform. It was officially listed on May 16, 2000. China Mobile Communications Corporation wholly owns China Mobile (Hong Kong) Group Co., Ltd., and its China Mobile Limited ("Listed Company") is wholly-owned in 31 provinces (autonomous regions, municipalities directly under the Central Government) and Hong Kong Special Administrative Region. The company is listed in Hong Kong and New York.

In addition to the original “M-Zone”, “Shenzhouxing”, “Global Connect”, “Power 100” and “G3”, China Mobile announced on December 18, 2013 the 4G brand “And! and” designed in cooperation with Zhengbang. With the official launch of China Mobile's 4G business, the development slogan is: Mobile 4G, international mainstream, one step ahead.

On July 20, 2016, the Fortune Global 500 was released, and China Mobile Communications Corporation was listed among the Fortune Global 500.

In August 2016, China Mobile ranked 10th among the top 500 Chinese companies in 2016.

In July 2017, China Mobile ranked sixth among the top 500 Chinese companies in 2016.

In November 2017, it was ranked as the ladder I in the “Top 100 Innovative Enterprises in China in 2017”.

On December 25, 2017, China Mobile announced that the name of the company was changed from “China Mobile Communications Corporation” to “China Mobile Communications Group Co., Ltd.”

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