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China Minmetals Awarded "2011 Grade-A Enterprise For Performance Evaluation of State-owned Enterprises"

China Minmetals Corporation 2012-07-26

On July 25, SASAC of the State Council released the evaluation result of principles' operation performances of state-owned enterprises in 2011, the Group was rated as a Grade-A enterprise for performance evaluation, ranking 13th among Grade-A corporations, a considerable raise of 9 rankings over the last year. China Minmetals Corporation was honored as Grade-A enterprise for yearly performance evaluation for six consecutive years. 

Forty-eight of the 118 state-owned enterprises incorporated to the evaluation scope of SASAC were rated as Grade-A enterprises, accounting for 38.98% of all state-owned enterprises, mainly involved in military industry (9 enterprises),commerce and trade (7 enterprises), power system (6 enterprises), communication, transportation and construction (4 enterprises for each industry), petroleum and petrochemical(3 enterprises), automobile, coal, building materials and locomotive manufacturing industries (2 enterprises for each industry), real estate, communications, ferrous metal, investment,tourism(one enterprise for each), etc. And 55 enterprises were only  approved as grade-B, making up for 456.61%, and 13 enterprises were rated Grade-C, a proportion of 11.02%, and only 4 enterprises were rated grade-D, accounting for 3.39%.

Enclosed table: The list of Grade-A enterprises for operation performance evaluation of state-owned enterprises in 2011.

No.

Enterprise Name

1

China Mobile Communications Corporation

2

China National Offshore Oil Corporation

3

China Petrochemical Corporation

4

China National Petroleum Corporation

5

Shenhua Group Corporation Limited

6

China State Construction Engineering Corporation

7

China Resources (group) Co., Ltd.

8

China National Building Materials Corporation Group

9

State Grid Corporation of China

10

China FAW Group

11

China Aerospace Science and Technology Corporation

12

China North Industries Group Corporation

13

China Minmetals Corporation

14

China National Machinery Industry Corporation Limited

15

China Communications Construction Co., Ltd.

16

China Shipbuilding Industry Corporation

17

China Merchants Group

18

China Poly Group Corporation

19

China National Aviation Holding Company

20

China Aerospace Science and Industry Corporation

21

China South Industries Group Corporation

22

China Southern Air Holding Company

23

China National Coal Group Corporation

24

SINOHYDRO Group Limited

25

SINOCHEM Group

26

China Eastern Air Holding Company

27

China Southern Power Grid Corporation

28

China State Shipbuilding Corporation

29

State Development & Investment Corporation

30

Aviation Industry Corporation of China

31

COFCO Corporation

32

CSR Corporation Limited

33

China Electronic Technology Group Corporation

34

China National Materials Group Ltd.

35

China Changjiang Three Gorges Project Development Corporation

36

China National Gold Group Corp

37

China Guodian Corporation

38

Dongfeng Motor Corporation

39

China National Aviation Fuel Group Corporation

40

Overseas Chinese Town Holdings Company

41

China CNR Corporation Limited

42

China General Technology Holdings Limited

43

China National Nuclear Corporation

44

China National Chemical Engineering Group Corporation

45

China Huaneng Group

46

China Guangdong Nuclear Power Holding Co. Ltd.