Analysis of the Financial Effect of China Unicom's Mixed Ownership Reform

Abstract

China Unicom is one of the first batch of pilot state-owned enterprises to carry out mixed ownership reform. This article focuses on the changes in equity structure and financial effects of Unicom before and after the mixed reform, and makes suggestions for state-owned enterprises that will participate in the reform: Enterprises should choose the right time to reform, make full use of various resource advantages of strategic investors, and improve the corporate governance structure with the board as the core.