Capital, Earnings & M&A
Ning Gaoning: With the Split and Integration of COFCO's 11 Listed Companies, Can COFCO Become a World-Class Company Competing with the Four Major Grain Traders?
Under the wave of state-owned enterprise reform, COFCO's pilot plan for state-owned capital investment companies is gradually emerging. Ning Gaoning and his COFCO are once again in the spotlight. A management source disclosed that the plan has been completed, focusing on equity diversification, internationalizing the full industry chain, spinning off business segments for listing, and introducing professional managers, aiming to build COFCO into a state-owned capital investment company with grain, oil, and food as its core business.
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