The reorganization of central enterprises: Sinotrans Group entirety Merchants Group

SASAC website news, the approval of the State Council, China Sinotrans Group entirety Merchants Group, as its wholly-owned subsidiary. China Sinotrans Group is no longer business as the direct supervision of SASAC.
Entered in December, we have three cases before the central enterprise restructuring cases.
December 1, the SAC announced Nam Kwong Group and Zhuhai Zhen Rong restructuring, Zhuhai Zhen Rong will entirety Nam Kwong Group became Nam Kwong Group subsidiaries in the Mainland.
December 8, MCC will implement a strategic restructuring and Minmetals Group, China metallurgical Group Minmetals entirety will become a wholly-owned subsidiary.
December 11, two giant Chinese shipping industry, COSCO Group and China Shipping Group restructuring.
China Sinotrans Air Group entirety after China Merchants Group, the direct supervision of SASAC, the central enterprises will be reduced to 106.