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Research On The Performance Of China Unicom's Mixed Ownership Reform

Posted on:2021-02-07Degree:MasterType:Thesis
Country:ChinaCandidate:H XingFull Text:PDF
GTID:2439330605960746Subject:Accounting
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The report of the 19 th National Congress of the Communist Party of China issued a clear call that the reform of state-owned enterprises should continue to deepen,promote a mixed ownership economy,and cultivate a group of world-class enterprises with international influence.After the 18 th National Congress of the Communist Party of China,state-owned enterprises opened a new chapter in the direction of mixed ownership reform.The reform methods and methods are becoming more and more diversified,the reform process is becoming more and more rapid and efficient,and various forms of capital integration development continue to deepen.At present,China's economy has shifted from a stage of high-speed growth to a stage of high-quality development.The SASAC will work hard to promote the depth and intensity of mixed ownership reform.Not only the content of the reform,but also whether the reform has made tangible positive changes.China Unicom has been selected by the National Development and Reform Commission as the first batch of pilot units to implement mixed ownership reforms under the condition of continued poor business conditions.The scope and strength of this is unprecedented in China.Since being selected as a pilot unit,China Unicom has successively released a complete reform plan,with obvious results after implementation and representativeness.Through analysis,facing the situation of rapid development of external network technology and weak internal management competition,China Unicom's path to mixed ownership reform is its inevitable choice and a good opportunity to break through the original inherent model.The changes in financial performance are obvious,which can be reflected in the reform of the mixed ownership system that expands the company 's capital source,greatly improves its operating performance,and forms a diversified shareholding structure.In terms of non-financial performance,the introduction and implementation of advanced management concepts has enabled the rapid growth of the number of users and the overall acceleration of business such as industrial Internet;access to capital and technical support,with the stability and maintenance of the 4G network market and the development of the 5G network market;Collaborate with strategic investors in business,give play to synergies,and complement each other's strengths.In order to provide a certain reference for other enterprises that are willing to change the status quo of operation through the reform of mixed ownership.
Keywords/Search Tags:China Unicom, Mixed ownership reform, Motivation, Financial Performance
PDF Full Text Request
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