Focus on Breaking Through Nine Industries to Start Mergers and Reorganizations

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The 12 ministries and commissions of the Ministry of Industry and Information Technology and the Development and Reform Commission of the People's Republic of China jointly issued the “Guidance Opinions on Accelerating the Merger and Reorganization of Key Industries and Enterprises” on the 22nd, and proposed automobile, steel, cement, shipbuilding, electrolytic aluminum, rare earth, electronic information, pharmaceutical and agricultural industries. It has formulated a total of nine major industry mergers and restructuring guidance, which clearly stated that by 2015, the industry concentration of the top 10 vehicle companies will reach 90%, and the industrial concentration of the top 10 steel companies will reach 60%.

Specifically, by 2015, the industry concentration of the top 10 automotive companies in the automotive industry will reach 90%, forming 3-5 large-scale auto enterprise groups with core competitiveness. Promote the merger and reorganization of the entire vehicle companies and promote the merger and reorganization of parts and components companies. Support large-scale automobile companies to extend their services to the service sector through mergers and acquisitions.

By 2015, the industry concentration of the top 10 iron and steel enterprise groups will reach 60%, forming 3-5 enterprise groups with core competitiveness and strong international influence, and 6-7 enterprises with strong regional market competitiveness. group. The number of companies is drastically reduced and steel companies are encouraged to participate in mergers and acquisitions of foreign steel companies. Focus on supporting the integration of iron and steel enterprises in existing domestic mine resources and coking enterprises.

By 2015, the industry concentration of the top 10 cement companies will reach 35%, and 3-4 clinker production capacities will be more than 100 million tons. Mines, aggregates, commodity concrete, cement-based materials and other industrial chains will be complete, with core competitiveness. Internationally-influential building material enterprise group. Focus on supporting the backbone cement companies to develop cross-regional and cross-ownership mergers and reorganizations.

By 2015, the top 10 shipbuilding companies will account for more than 70% of the country's total shipbuilding volume, and have entered the top 10 of the world's shipbuilding companies with more than 5 companies. Form 5-6 general contractors of offshore engineering equipment with international influence and a group of specialized subcontractors.

By 2015, several electrolytic aluminum enterprise groups with core competitiveness and international influence will be formed. The smelting output of the top 10 companies will account for 90% of the country's total.

The number of rare earth mining and smelting and separation enterprises will be greatly reduced, and the degree of industrial concentration will be increased, and an industry pattern dominated by large enterprises will basically be formed. Cultivate 3-5 large-scale enterprise groups with strong international competitiveness, and support large enterprises to use capital as a link, and vigorously promote resource integration through joint, merger and reorganization.

By 2015, the electronic information industry will form 5-8 large-scale backbone enterprises with sales revenues of 100 billion yuan, and will strive to cultivate large companies with sales revenue of 500 billion yuan.

By 2015, the sales revenue of the top 100 companies in the pharmaceutical industry will account for more than 50% of the total sales of the industry, and the top 20 companies in the sales of essential drugs will account for 80% of the total market share, achieving the scale and intensification of basic drug production.

For leading agricultural industrialization enterprises, the opinions put forward to support leading enterprises of agricultural industrialization to form large-scale enterprise groups through mergers and acquisitions, acquisitions, and holdings.

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