Experts say the Panzhihua Iron and Steel Baosteel or to be "triple play" program progress and action.
In the "Department of Panzhihua Iron and Steel" under the Panzhihua Steel and Vanadium,glue stick Titanium Pan Yu, the Great Wall shares of three listed companies in the growing "integration has changed," rumors in the market side by side with the Anshan Iron and heat transfer "lead integration" protagonist of the Baosteel Group,glue gun recently told this newspaper reporter made it clear that any intervention within the group there is no integrated information system Panzhihua Iron and Steel. Baosteel Group spokesman said that if the Panzhihua Iron and Steel Baosteel really involved in the reorganization plan the Department would be when the time comes to contact with the newspaper.
Baosteel is expected approach time.
However, while Baoshan Iron and Steel spokesman said the recent participation of the possibility of a negative, but analysts said Baosteel waiting for an opportunity to enter a great possibility. Previously, Baosteel has said that the Panzhihua Iron and Steel consolidation program has been approved by relevant state departments, Baosteel recent sudden intervention to overthrow the existing integration solution is clearly not realistic, but does not rule out the integration program, if not successful, the Baosteel or to timely intervention, in the steel industry consolidation plans southwest.
Analysts also believe that Baosteel and more integrated in the current sensitive period of Panzhihua Iron and Steel system is unlikely to intervene, the Shanghai Securities Iron & Steel, says researcher Zhu Limin, SASAC integration Panzhihua Steel if requested, will no doubt be approved before the overthrow of Panzhihua Iron and Steel Department integration plan, it is almost impossible.
Central China Securities analysts believe that, in the Panzhihua Iron and Steel "triple play" of integrated programs, Baosteel "do nothing", most likely, that both the policy side has been given factors, but also the best time is not currently factor into .
Analysis, Baosteel not now enter, does not mean that the "triple play" integration of the success or failure of Baosteel not enter. He said that once the "triple play" success, Baosteel will be able to Panzhihua Iron and Steel with a new strategic cooperation to form a community of interests. However, given the time of Baosteel, Panzhihua, an iron and steel central level, the other is a mixture of vanadium and titanium steel enterprises, the cooperation should not be too deep, multi-technology and resources is the cooperation, collaboration and not deep into the equity level status.
Once the "triple play" fails, more than Angang Steel was chosen to obtain the favor of the SAC-led reorganization of the advantages of Panzhihua Iron and Steel. Hu Hao said, "SASAC level want to accelerate the development of Panzhihua Iron and Steel, but the lack of Panzhihua Iron and Steel has always been technology and capital, by contrast, Baoshan Iron and Steel in August, the integration of the steel industry in Guangdong, and the idea ahead to good effect, rather SASAC was appreciated. " Reporter was informed that eight of steel in Baosteel entered only one year later, with technology and management experience Baosteel comprehensive intervention, the cost of Bayi Iron and geographical advantages are gradually transformed into effective advantage. In 2007, the Bayi Iron & Steel achieved 12.791 billion yuan revenue, an increase of 43.84%, net profit of 399 million, an increase of 159.67%.
Analysis, Panzhihua Iron and Steel Once the integration of the lead organization, the most likely to learn from Guangdong Iron and Steel Group established pattern, that is, cash and technical contribution Baosteel, Panzhihua Iron and Steel to the net assets of investment, the two sides cooperate in the southwest to form a new holding group of steel.
Panzhihua Steel to complement each other.
Yesterday, a number of industry researchers have told reporters that with the Panzhihua Iron and Steel in the product although there was no significant complementary strengths, but both sides in the resources, technology, market, and many other areas, a big room for cooperation.
Who was informed by a reporter from Baosteel, as early as 2006, Baosteel will be with the Panzhihua vanadium products to further cooperation in the establishment of a partnership, signed a 3-year long-term cooperation agreement. Baosteel has become the Panzhihua Iron and Steel Vanadium products in China and the world's most important partner, Panzhihua Iron and Steel will become a major supplier of vanadium products.
Some researchers said that the current, upstream of Baosteel are building competitive enterprises with the relationship between the industrial chain, in order to achieve its commitment to "high-end steel products" strategy, must have a rich and steady supply of vanadium and titanium, and vanadium resources have to master more than half of the country suffer not speed up the development of Panzhihua Iron and Steel is also working to establish competitive enterprises above the downstream industry chain relations and further cooperation in the vanadium products to "hit it off", whether it is still a strategic partnership to integrate at a deeper level, are pressing and practical considerations.