Shengli Oil Tianzhong Sheng Industrial Group Companies Restructuring

Along with the success of the Petrochemistry Industry Conbine Corporation coming into the market abroad after changing social system, the Shengli Oil Field is also divided into two parts, the limited company of the Shengli Oil Field coming into the market and the existing Shengli Petroleum Management Bureau .It forms a pattern that two legal entities exist side by side. Owing to being faced with the pressure of existence and development, the existing group must carry on the reformation of combining anew and changing social system. It is the only way. Zhongsheng industry corporation is an economic entity which is separate legal entity and subordinates the Shengli Petroleum Management Bureau, and it belongs to the mixed fanning economy in operation. The reality of the planned economy system and relying on the oil field makes Zhongsheng industry corporation single in the configuration of property right, be short of scientific administer structure and effective supervise restriction mechanism. Its recruitment and encouragement system can't satisfy the market competition's needs. The industry is scattered, primary operation isn't prominent, and the product relies on the oil field market seriously and the marketing concept is weak. We can say that Zhongsheng industry corporation kept the negative management for certain period at most if the group continued to work according to the present system. So the reformation of combining anew and changing social system is not only the need of the Petrochemistry Industry Conbine Corporation's administration promotion from top to bottom, but also the certain requirement that enterprise self existence was development.This article is based on surveying Zhongsheng industry corporation on the spot and referring to concerned literature, analyzes management system, personnel status, operation status, industrial framework, asset & finance circs of the corporation and judges for it. Then it analyzes macroscopic environment for changing social system, and has put forward three kinds of feasible models changing a social system combining with the Petrochemistry Industry Conbine Corporation's policy about the reformation of combining anew and changing social system, compares and analyzes the three models. The third model is regarded the best one. We still have put forward policy suggestion for the problem of changing social system in operation.