Study On Asset Integration Strategies Of Chongqing Water Conservancy Investment Group CO.Ltd

Chongqing Water Conservancy Investment Group Co., Ltd. (briefly referred to as "WCIG" hereinafter) was established at the end of 2003. Its capital is mainly the state-owned assets assigned by the Government and distributed in multiple districts(counties), with sharply-varied asset structure, management level and profitability, which require great enhancement and improvement. Based on the theories regarding asset restructuring, property right management and strategy management, this thesis illustrates the status of asset management in WCIG, points out the existing problems, and analyzes the internal and external environment that is likely to be faced during the integration of assets. On the basis of the above analysis, the author proposes the scope of and implementation strategies and detailed measures for the asset integration management strategies of WCIG.This thesis is mainly focused on strategy design and implementation strategies of the asset integration management of WCIG. Based on the theories related to property right management and asset restructuring, the author discusses the key issues existing in the asset management of WCIG, e.g. inexplicit property right relationship, low profitability of assets, inappropriate management mechanism, and insufficient awareness of risks. With consideration to the internal strength and weakness as well as the external opportunities and threats faced by WCIG regarding asset integration, the author concludes that WCIG must properly carry out the asset integration management by emphasizing clearer property right relationship, optimized allocation of water resource, accelerated integration of hydroelectric assets, appropriate replacement and alliance of assets, and sufficient support to the projects where the strength lies. Finally, the author also proposes the implementation strategies in terms of corporate culture, corporate governance structure, management system, and personnel mechanism.Technically, this thesis is arranged in the sequence of "status analysis by using theories â†' problems â†' solutions" .Based on his working experiences, the author selects the asset management of WCIG as the theme of this thesis, and makes detailed discussion of the strategic concepts from clarification of property right relationship, optimization of water resource...