| In China’s economic environment,central enterprises are the backbone of China’s national economy.As an important part of state-owned enterprises,their development and growth not only has played a significant role in promoting the efficiency of China’s economy,but also can increase the value of our assets and promote the development of national economy in a certain extent.Restructuring of central enterprises is an important way to deepen the reform of state-owned enterprises and scale up state-owned enterprises.In recent years,the pace of central enterprises’ restructuring has been accelerating.On the one hand,it can enhance the controlling and leading role of state-owned economy,improve the efficiency of state-owned economy and increase the value of state-owned assets.On the other hand,central enterprises’ restructuring can improve the core competitiveness of central enterprises,and it is of great significance to forming a central enterprise cluster,which has control in state-owned economy,competitiveness in international economy and value creativity.Through the merger and restructuring of Z Corporation and X Corporation,this paper analyzes the effect of the restructuring on the performance of Z Corporation with the related theory and the goals of central enterprises’ restructuring.It sets up an evaluation system to assess Z Corporation’s restructuring performance,and analyzes the impact of restructuring on the performance of Z Corporation.At last,the article puts forward the corresponding suggestion,providing a reference for the restructuring of central enterprises to improve performance and the reform of state-owned enterprises. |