On the afternoon of February 25th, 65438, @ China Mobile Guan Wei announced that, according to the requirements of the state on the corporate restructuring of central enterprises, with the approval of the State-owned Assets Supervision and Administration Commission of the State Council, China Mobile Communications Group Company has undergone the corporate restructuring and recently completed the industrial and commercial change registration. The name of the enterprise was changed from China Mobile Communications Corporation to China Mobile Communications Corporation, and the English name was changed from China Mobile Communications Corporation to China Mobile Communications Corporation. Similarly, this restructuring is also a wholly state-owned enterprise.
In fact, generally speaking, wholly state-owned enterprises are owned by the whole people, but one is established in accordance with the Law on Industrial Enterprises Owned by the Whole People and the other is established in accordance with the Company Law. So why are so many state-owned enterprises struggling to restructure? In fact, it is very simple, that is, to completely market and de-administer. The most typical difference is that a wholly state-owned company is appointed by the board of directors, while an enterprise owned by the whole people is appointed by the government. The former is the real independent market entity.