Five kinds of restructuring model to stimulate the vitality of equipment manufacturing enterprises (2)

Horizontal integration will help the industry to standardize enterprises. In 2004, the restructuring of Shenyang's equipment manufacturing industry, through the "merge similar projects" approach, will Shenyang Blower (Group) Co., Ltd., Shenyang Gas Compressor Co., Ltd. and Shenyang Pump Co., Ltd. The merger of the core assets of the three companies resulted in the reorganization of Shenyang Pumps and Shenyang Gas Compressors by the original Shengu Group. The new Shengu Group was born and the total output value of the company was 2.2 billion yuan. Both the compressor and the pump are fluid machinery, and they all follow the principle of fluid mechanics in product design. This makes the “dip” of Shenyang Drum and Shenyang Pumps a natural part. Since the reorganization two years ago, the new Shengu not only completed the overall relocation and settled in Shenyang Tiexi New Area, but also achieved remarkable operating results. In 2006, the output value of the new Shengu drums reached 4.2 billion yuan. In addition to continuing to expand and strengthen the advantages of the compressor industry, the new Shen Drum also adjusted the development direction of the pump products. The main production of low value-added water pump products before reorganization shifted to the development of advanced technology products such as nuclear pumps. On July 24 this year, the National Nuclear Power Technology Co., Ltd. and the United States Westinghouse Consortium signed the third-generation nuclear power independent support project contract in Beijing. The new Shengu Group has become the supplier of the domestic nuclear main pump for this project and will undertake the historical responsibility of the localization of the AP1000 nuclear main pump. Shengu Group's restructuring and restructuring can be said to be a typical "1+1+1>3" case.
In December 2006, Hangzhou Oxygen Co., Ltd. successfully acquired the Jiangxi oxygen plant. Jiangxi Oxygen Making Plant is a key enterprise in the domestic air separation industry, and it is also a key state-owned enterprise in Jiangxi Province. However, due to historical reasons, it has been burdensome and the development of enterprises has been difficult. The local government decided to implement enterprise restructuring through the transfer of assets. At the same time, the company divested its burdens to make the enterprise lightly loaded. Hangzhou Oxygen Co., Ltd. participated in the acquisition of Jiangxi Oxygen Machine Factory from the strategic perspective of industrial integration and complementary advantages, and finally reached a consensus. Hangzhou Oxygen will inject through capital and technology, management, and mechanism reforms so that the restructured Xinjiang Oxygen can rapidly increase its market capacity, expand domestic and international markets, and expand its business.

● Comments Regardless of whether Shengu recombined Shenyang Pneumatic Company and Shenyang Pump Company or Hangzhou Oxygen acquired Jiangxi Oxygen Machine Factory, they all have one thing in common: the nature of the company or product convergence, while the companies that are in the leading position of merger and reorganization are all in the industry. Leading companies have absolute advantages in asset size and operating efficiency. This has the advantage of not only having a common language that is easily accessible to each other, but also when the two sides are inevitably confronting some contradictions and unhappiness during the run-in period, they do not appear to be in such a bad situation that "one mountain can't afford two tigers."

Joint-stock system Construction of diversified investment entities Hangzhou Hangzhou Oxygen Co., Ltd. is the product of the discrete restructuring of Hangzhou Oxygen Concentrator Group Co., Ltd. Since 2000, Hangzhou Oxygen Concentrator Group Co., Ltd. has undergone a discrete reform, and Hangzhou Oxygen Group has invested in its main business, air separation equipment sales, design, and the manufacturing of air separation core units, and has cooperated with China Huarong Asset Management. The company jointly funded the establishment of Hangzhou Oxygen Technology Co., Ltd., and later changed to Hangzhou Hangzhou Oxygen Co., Ltd. on December 18, 2002.
Since the restructuring, Hangyang has achieved rapid development, and its domestic air separation market share has been maintained at more than 50%, far ahead of other companies in the same industry, and has cumulatively sold about 20 sets of air separation equipment of more than 30,000 grades. At present, Hangzhou Oxygen Co., Ltd. has the ability to design and produce more than 40 sets of large and medium-sized air separation equipment. Its largest air separation scale has exceeded 60,000 m3/h, and it has become one of the leading manufacturers of air separation equipment in the world. Air separation equipment has been exported to more than 30 countries. In addition, Hangzhou Oxygen Co., Ltd. also occupies approximately 50% of the domestic large-scale ethylene cold box market share, and has undertaken the localization of the cold box required for the Tianjin million-ton ethylene project.
In August 2006, China Air Separation Equipment Co., Ltd., the only company in the gas separation equipment industry in China, was listed and established, marking a promising step for the company in the reform of the property rights system and the establishment of a modern enterprise system. China Air Separation Equipment Co., Ltd. is a joint-stock enterprise that was originally restructured by China Air Separation Equipment Co., Ltd. and has multiple shares. It is controlled by China National Engineering and Agricultural Machinery Import and Export Corporation, a wholly-owned subsidiary of China National Machinery Industry Corporation. Restructuring into a joint-stock company, realizing diversified property rights, and establishing a standard modern enterprise system symbolizes that the development of China Air Separation Equipment Co., Ltd. has entered a new stage. The new company will create a domestic famous and internationally renowned professional engineering company that undertakes air separation projects, environmental engineering and energy engineering as its main businesses within the next 3 to 5 years.
In addition, there are Yunnan Dawei Chemical Equipment Manufacturing Co., Ltd. and Hunan Xiangdong Chemical Machinery Co., Ltd. in the joint-stock reform case. In order to cooperate with Yunnan Yunwei Group's 500,000 tons synthetic ammonia project, Yunwei Group is determined to rely on its own efforts to build a high starting point equipment manufacturing company in the form of joint-stock system. In September 2005, Yunwei Group, based on the integration and transformation of the former Yunnan Zhanhua Co., Ltd., Jian'an Building Branch and Yunnan Building Material Machinery Plant, combined with China Hualu Engineering Company, China Wuhuan Chemical Engineering Company, and the second design of the chemical industry. The hospital, etc., built a joint-stock Yunnan Dawei Chemical Equipment Manufacturing Co., Ltd. The company is the largest chemical equipment manufacturer in Southwest China, filling the gap in the manufacture of large-scale chemical equipment in Yunnan Province. Xiangdong Chemical Machinery Co., Ltd. is a joint-stock company with multiple investment entities established after the company's transformation on the basis of the former Chemical Industry Department of Xiangdong Chemical Machinery Factory. At present, the company's shareholding structure is again facing adjustments. According to reports, the negotiations between Zhangdong Chemical and China Hanhua Group are in progress and they are expected to sign a formal agreement in the near future. By then, Yanhua will invest tens of millions of yuan in holding 51% of the shares of Xiangdong Chemical. Such as the successful participation of Yuhua, will provide strong financial support and market space for the development of Xiangdong Chemical Machinery, and create the largest chemical machinery manufacturing backbone enterprise in the Central and South China region.

● Comments The establishment of a modern joint-stock enterprise with diversified investment bodies is an important direction for the restructuring of enterprises in China since the reform and opening up. However, this practice in state-owned equipment manufacturing enterprises can only be said to have just started, and it needs to be actively explored and vigorously promoted.

ChemSta has been dedicated in designing and manufacturing devices used in oil production lines and vegetable protein production lines for more than 30 years. Up to now, there are about 200 successful engineering cases at home and abroad. We have hired over 100 professional engineers in various fields such as machinery, food, electricity and architecture. Hence, we are able to provide appropriate system solutions to meet customer`s requirements, such as Oils And Fats Equipment , Oils And Fats Production Line and Oils Turnkey Project , etc.

We also provide Vegetable Protein ProjectNatural Plant Pigment Project, ASME Pressure Vessel ,  Horizontal Type Dryer ,  Spc Project ,  Spi Project , Full Fat Soybean Meal Project, etc.

 Oilseed Extraction Oil Dewaxing




Oils And Fats Project

Oils And Fats Project,Oils And Fats Machine,Oils And Fats Equipment,Oils And Fats Production Line,Oils And Fats Plant,Oils Turnkey Project

Shandong ChemSta Machinery Manufacturing Co.,Ltd. , https://www.oil-proteinmachine.com

This entry was posted in on