In the late spring, the streets of China ushered in a ray of early morning sunshine. In the bustling crowd of office workers, the cries of newspaper sellers rang out from time to time: "Big news, big news, the first Chinese stock to be listed in the United States." Chinese greatly boosted the prestige of the country and earned hundreds of millions of dollars from foreigners, which is a ...... of dollars."

Many people have stopped and are curious to pay for it. In this era, as long as it is related to the news such as "greatly revitalizing the national prestige" and "earning dollars", there is nothing that is difficult to sell.

Sure enough, the news was published on the front pages of major newspapers. The basics of the serious category are: "...... We should explore new attempts to reform large state-owned enterprises to ensure that the value of state-owned assets is maintained and increased, and that workers can be satisfactorily resettled......"

And the basic entertainment direction is illustrated and written, and the pen is brilliant, which is summarized as this: "...... Chinese companies have performed brilliantly in the United States, and the American people have exclaimed that they are invincible......"

It was like a hurricane blowing, and the broad masses of the people were overjoyed. They don't care about the reform of state-owned enterprises, and many of them don't know anything about the stock market at all, but this doesn't prevent them from being happy? They can make foreigners' money, and they can rise about three times on the first day of listing, and they even let foreigners tear off their demeanor and fight like crazy (a certain reporter's imagination is clear-headed, and the description is vivid and vivid, and it is very popular with readers)?

Unlike the masses of the people, in fact, this news has caused a greater shock to governments at all levels. In the past few years, the situation at home and abroad has been called chaos! Not only is the political situation chaotic, but even more chaotic is the ideological trend within the socialist countries.

For example, in China, governments at all levels know that economic development is the top priority, and they must continue to reform and open up. However, the turmoil that has just passed has comprehensively criticized bourgeois liberalization in the ideological and public opinion circles. Now it is embarrassing, so how should we develop the economy? Should we learn from the advanced enterprise management system of the capitalist countries in Europe and the United States? As a result, many localities are waiting and watching, and even some conservative areas have gone backwards by a large margin.

However, the state-owned enterprises at that time did not wait for anyone, and the large-scale losses and even the continuous policy loan blood transfusions only delayed the deterioration of the situation. Governments at all levels know that reform is needed, and it has reached an urgent moment when they cannot do so, but how should they do so?

At this time, Delta Power was born, as if it was like opening the door to a new world, and immediately gave inspiration to the central government and governments at all levels - shareholding reform!

In fact, from the listing of Delta Power, there are a series of coincidences in itself. At the beginning, those investors in the United States were only for those policy loans in the United States, so they were willing to spend a lot of money to hire a well-known accounting firm, and the company's finances were very in line with international norms, and they did not care about the "waste" of financial management, which laid a good foundation for the listing.

There is not much to say about the support of several political factors in Haijin City. Even this listing actually has the implicit acquiescence of the US government. After all, it is still at the end of the honeymoon period between China and the United States, and they are still considering joining forces to deal with the red giant of the Soviet Union. It was not until the collapse of the Soviet Union that this short honeymoon period came to an abrupt end. Otherwise, there is also a sanctions bill, where can you afford to play the sideshow? So, don't look like everything is going well on the surface, but in fact, such success is basically impossible to replicate.

Of course, China also understands that such success is difficult to replicate, and it is extremely difficult for a large number of state-owned enterprises to be restructured and listed overseas under the joint-stock system in a short period of time, but this does not affect the disguised operation? For example, state-owned enterprises can reform the joint-stock system and bring in foreign strategic investors to help with operation and asset management. Another example: the two major domestic stock exchanges that will open at the end of the year. If you can't be listed abroad, you can list it domestically?

Anyway, Delta Power has become an overnight hit in China, and on the bright side, its business has grown dramatically, and it has brought a lot of convenience when it goes out to do errands. From a bad point of view, there is an endless stream of inspection groups from all over the country, which causes the office girls in charge of the reception to be about to cry. The hotel rebuilt from the original Jinzhong Guest House is full every day, and it has become a growth point for Delta Power's non-main business this year?

......

A few are happy and a few are sad, Haijin City is rejoicing for Delta Power, but the Ministry of Machinery and Electronics is already in a mess, and after so long, the automobile factory project has been completely deadlocked.

There was a contradiction between China and the Soviet Union that was difficult to reconcile. At the request of the Chinese side, whether you use cash, technology, or equipment, or convert it into shares for investment, we certainly welcome it.

However, the Soviet side demanded that the Chinese government come up with cash? And it was cash in hard currency. Before Jing Jian's side, without mentioning the specific operation, it was completely hard currency or payment or mortgage of real money, and a large number of existing cars and spare parts for assembly will be purchased in the future, which is also paid in hard currency, and even the promised purchase amount will exceed the previous equipment and technology procurement. Of course, we, the Soviet side, taking into account the practical difficulties, can agree with the Chinese side to convert the Chinese goods that the USSR urgently needed, but in any case, you have to pay?

So the Chinese side has an opinion. Joke, if we can come up with these 700 million or 800 million dollars in foreign exchange, won't we directly buy the advanced truck assembly lines in Europe and the United States? Do you need things that are relatively backward in your Soviet Union?

The Soviet side was also not to be outdone. No matter how backward we are, we are still more advanced than you. Besides, if we fall behind even a little bit, we will be bullied? If you don't give money, you want to take our things for nothing?

China: Who wants to take it for nothing? Didn't we promise to give you more shares?

Soviet: Who wants these worthless shares? What we urgently need is dollars! Pounds! Marks!

......

Well, the conditions of the two sides are so far apart that it will be difficult to reach a compromise for a while. Gradually, China and the Soviet Union also cooled down, anyway, in business negotiations, it is not uncommon to talk about stopping, or even ending up with a miscarriage.

And at this time, although both parties are very depressed, a joint venture project that was originally very probable, and it is not a good feeling to get such a bad thing now. Can they go back to Jing Jian? Let Jing Jian be the "glue" again? Then forget it! I really can't afford to lose that face, in the final analysis, they all represent their respective countries, can the state apologize to private individuals? Would you rather have less of this joint venture project, and you can't be so ugly?

Originally, if it went on like this, as time went on, the project would be quietly covered up. But I never expected that at this time, Delta Power was actually listed!

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