Recently, the news that Shantui was driven by Weichai's merger has spread wildly on the Internet. On November 19th, the reporter called Shantui Securities for verification. The company’s staff denied the news. However, the Herald reporter was informed that Jiang Kui, former deputy general manager of Shantui Group, has served as deputy party secretary and deputy general manager of Weichai Holding Group. This can not but be thought-provoking. Together with the provincial management company under the Shandong Provincial State-owned Assets Supervision and Administration Commission, will the establishment of a large-scale auto parts group be the next game for the Shandong State-owned Assets Supervision and Administration Commission after Shanshan Steel's reorganization and restructuring? Reorganization meets the strategy of large enterprise groups Promoting the concentration of state-owned capital to advantageous industries, advantageous industries, and advantageous enterprises, and establishing large-scale enterprise groups such as iron and steel, coal, transportation, automobiles, and parts and components has always been the vision of the Shandong Provincial SASAC. In the construction of auto parts and components group, in December 2006, Weichai Group strategically reorganized *ST Juli to regenerate Shandong Juli, which has been losing for three consecutive years. According to the plan of the Shandong Provincial State Assets Supervision and Administration Commission, the establishment of a large enterprise group is a powerful combination. Shantui Group is a leading domestic bulldozer industry and one of the leading companies in Shandong. Its market share has been ranked first in the industry, with an average annual growth rate of more than 26%. According to the semi-annual report of Shantui, the operating income for the first half of the year was 3.633 billion yuan, which was an increase of 62.47% compared to the same period of last year. The net profit was 381 million yuan, a year-on-year increase of 52.77%; the earnings per share was 0.51 yuan and the net assets yield was 13.72%. The Weichai Holding Group, which has two domestic and foreign listed companies and three stocks, is China's largest auto parts group. The strategic restructuring of Shantui shares by Weichai Holding Group is clearly in line with the objectives of the Shandong Provincial SASAC. By 2010, the number of provincial and provincial enterprises has been adjusted to about 25, of which domestic and foreign have strong competitiveness and high visibility. There are about 10 enterprise groups. "It is led by Shandong Provincial SASAC." Baidu Shantui has such a message. According to sources close to the Shandong State-owned Assets Supervision and Administration Commission, the Shandong State-owned Assets Supervision and Administration Commission is indeed planning a strategic reorganization of the two, and it is possible to start the cooperation between the two at the fund level. Shantui Auxiliary Vice President Jin Chai Deputy General Manager The speculation of Weichai Group's reorganization of Shantui shares is not groundless. On October 18, Shantui announced that the company’s executive deputy general manager Jiang Kui resigned due to job transfer. Shantui’s staff confirmed the changes in Jiang Kui’s work and told the Economic Herald reporter that Jiang Kui has been working in Weichai for more than a month. Moreover, the news of Jiang Kui’s inauguration of Weichai has been publicly reported. His current position is Deputy Party Secretary and Deputy General Manager of Weichai Holding Group. This 40-year-old company who graduated from Tsinghua University with a major in automotive expertise and who has made a name for himself is in line with the wisdom of Tan Xuguang, chairman of Weichai Holding Group. However, both Weichai and Shantui are provincial and provincial-level enterprises affiliated to the Shandong Provincial SASAC. If this change is explained only by job mobilization, it seems counter-intuitive. It is understood that Weichai Group and Shantui Group have been business partners for many years, and personal relationships between high-level leaders of both sides are also good. Industry analysts believe that this provides favorable conditions for the strategic restructuring of both parties. At the same time, we must accelerate the construction of major infrastructure projects such as railways, highways and airports, or provide an equal and friendly atmosphere for the strategic restructuring of both sides. After all, this is not the reorganization of whoever eats. If Weichai and Shantui can be combined, a more competitive large enterprise group can be formed. HX35W TURBO,H1C,H1E TURBOCHARGER,cummins truck Fengcheng Fire Turbocharger Manufacturing Co; Ltd. , https://www.fireturboleader.com