·Automotive state enterprise system reform is put on the agenda

Recently, at the "China Automotive Industry System and Mechanism Innovation Summit Forum", many experts used GAC Gonow as a sample to carry out many urgent problems to be solved, such as the reform of the automobile state-owned enterprise system, the upgrading of the industrial structure faced by the automobile industry, and the transformation of the business model. discuss.

A year ago, GAC reorganized Gio, and the “state-owned enterprise and private enterprise” approach has so far made the industry talk about it. One year later, Guangqi Gio’s vice chairman and general manager Yan Xuezhong emphasized in an exclusive interview with the media that “Guangzhou Automobile is coming together, not a superposition of numbers, nor a government act, it is a chemical change.”

The cooperation model of "state-owned enterprises and private enterprises" is not a new concept. However, the realization of this cooperation model is not an easy task. One of the biggest problems in China's mergers and acquisitions is the simple superposition of the scale of the company, but it has not improved the integration benefits.

In the snow, this describes the reorganization of GAC and Gonow: "Our restructuring is not a simple 1 1 = 2 or > 2, it is a market need, not a simple digital overlay under the government's recommendation, but a lot of advantages complement each other. The combination is not a physical reaction, but a chemical reaction, not simply 1 1 = 2 or > 2, but infinity."

Zhao Ying, director of the Industrial Development Office of the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said in an interview with reporters that "Guangzhou and the general manager of the Gio have solved two problems after the merger. First, the mechanism of GAC can be obtained through cooperation with private enterprises. Further flexibility; in addition, GAC solved a problem of doing autonomous platform and base, with a carrier; third, the two sides can complement and optimize the technology."

Bao Yuying, president of the China Private Enterprise Association, said that private enterprises have undergone asset restructuring, resource integration, the establishment of joint-stock companies, and even restructuring, from single capital to social capital, which is a qualitative leap.

For state-owned enterprises, many technological innovations can be achieved through cooperation with private enterprises. Some experts even suggested that through the 30-year joint venture development, why the major state-owned automobile groups with relatively strong capital in their own brands are difficult to launch, but instead appear in private car companies first?

"The merger of private car companies and state-owned car companies should be the result of various needs. The most ideal state is of course to complement the strength of state-owned car companies and the flexible efficiency mechanism of private car companies."

Analysts pointed out that these signals indicate that the state encourages the healthy development of private capital investment to enter the specific implementation stage, and in the automotive industry, this incentive will likely provide an opportunity for the reform of state-owned auto companies' institutions and mechanisms.

Zhao Ying said that in 2011, the growth of production and sales of the auto industry slowed down sharply, and the sales of self-owned brands fell seriously. Many private independent brands survived. In this context, the signal issued by the State Council to encourage private capital to enter the real economy has provided a new opportunity for the merger and reorganization of private car companies and state-owned car companies. The "marriage" between automobile state-owned enterprises and private enterprises may be a feasible way to promote the sustainable development of Chinese automobiles.

Baoyu also believes that compared with private enterprises, state-owned auto companies have already possessed strong strength through the past 30 years of joint ventures. The next step is to further develop. The bottleneck lies in the lack of innovative motive force, which is caused by the system and mechanism of state-owned enterprises. However, private enterprises have inherent institutional advantages and have the driving force for innovation. Therefore, one of the next steps in the reform of the automotive industry should be the integration of institutions and mechanisms.

After five years, the development speed of China's auto industry will slow down. At that time, when the market forced the merger and reorganization of enterprises, Zhao Ying stressed.

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