How does this differ from the many big state-owned enterprises that are already publicly listed? The Shanghai-listed unit said in a filing on Sunday night that "its parent firm, China Unicom, is working on a mixed ownership reform plan", but the country's top economic planner has not decided yet whether it will be in the first batch of pilot reform programs.Is this the first time big state-owned companies have worked with private-sector partners? That sale often entails the issue of new shares, providing funds for future collaboration. What exactly does the mixed-ownership program entail? How does this differ from the many big state-owned enterprises that are already publicly listed? Fu Liang, an independent industry expert, said China Unicom is more likely to be chosen as the pilot firm for mixed-ownership reform than its two rivals, because it has a tradition of partnering with private firms. Those partners have a specific mandate to work with the state-owned company to create new products and services that can be jointly developed and marketed by both sides. China Eastern Airlines took the lead in the mixed ownership reform among State-owned airline companies. By Yang Ge The mixed-ownership reform program aims to bring private-sector investment and management into state-owned companies to make them more dynamic. This year, a second round of companies was also selected, and selection for a third round of companies is also reportedly in the works.
Therefore, airline companies will be very careful about any changes to their ownership structure. China has experimented with a number of similar scenarios over the years, though mixed-ownership reform is one of the more-formalized programs.
Contact reporter Yang Ge geyang caixin. China Eastern Airlines took the lead in the mixed ownership reform among State-owned airline companies.
Each of the newly announced plans has consisted of three parts.
The airline's shares fell 0.