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PetroChina Stripped The Bad Assets To Pave The Way For Mixed And Specialized Reorganization

- Mar 16, 2017 -

In the context of the central enterprises to change the speed of the mixed, the oil began to frequent stripping of non-performing assets.

Yesterday, PetroChina once again listed the transfer of the two companies, which is its second transfer of assets this year.

Since last year, PetroChina has continued to sell its loss of the company to thin. At the same time, PetroChina will also finance and construction of two high-quality assets into its listed companies.

The industry believes that PetroChina constantly clean up bad assets, is to optimize the asset structure, for the next phase of the co-ordination to prepare for the implementation of high-quality assets, specialization and reorganization will be the starting point of this year's oil.

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