央企中国航油集团将与另一家企业集团进行重组

Core Viewpoint - The China Aviation Oil Group (China Aviation Oil) is planning a restructuring with another central enterprise, as announced by its subsidiary listed on the Singapore Exchange [1][3]. Group 1: Restructuring Details - The restructuring is currently in the planning stage and requires further procedures and approvals [3]. - It is expected that the restructuring will not significantly impact the normal business operations of the company and its subsidiaries [3]. - As of the announcement date, China Aviation Oil Group holds 51.31% of the total issued shares of the company [3]. Group 2: Company Background - China Aviation Oil was originally part of the People's Liberation Army Air Force and was separated from military control in 1980, becoming a central enterprise under the State-owned Assets Supervision and Administration Commission in 2003 [3]. - The company is the largest aviation fuel service provider in Asia, involved in procurement, transportation, storage, testing, sales, and refueling services [3]. - It provides fuel supply guarantees to 258 transportation airports and 454 general airports in China, serving 585 global airline customers [3]. Group 3: Related Company Information - China Aviation Oil Group's subsidiary, China Aviation Oil Group Petroleum Co., Ltd. (China Aviation Petroleum), had previously submitted an IPO application in 2020 but voluntarily withdrew it in January 2024 [4]. - Financial data for China Aviation Petroleum shows revenues of 19.984 billion yuan, 15.715 billion yuan, 20.101 billion yuan, and 9.926 billion yuan for the years 2019 to 2022, with net profits of 283 million yuan, 156 million yuan, 108 million yuan, and 41.976 million yuan respectively [5].