Huaxia Industry announced that it will become a strategic investor in Baosteel's preparation for listing, and the company will form a comprehensive cooperative relationship with Baosteel. Pen & Fun & Pavilion www.biquge.info

1. Huaxia Industry subscribed for 1% of the shares of Baosteel's listed company, becoming the largest corporate investor among all remaining shareholders except for the state shares that occupy 85% of the total equity. The number of shares subscribed exceeded 125 million, of which 20% was actually paid in cash and the remaining 80% was realized through share swap.

2. Baosteel has become a new strategic investor of Huaxia Industrial listed companies through share exchange, and Baosteel will hold about 2% of the equity based on the current market value of Huaxia Industry of 19.3 billion.

3. Huaxia Industrial Automobile Research Institute will cooperate with Baosteel Technology Research Institute to jointly study the new generation of new automotive steel plate technology, and Baosteel will customize the production of special automotive steel plate for Huaxia Industry.

4. Baosteel will establish a steel processing and distribution company in Jiangzhou with its own holding and Huaxia Industrial Participation, which will provide services for Huaxia Industrial Group. The two sides have also signed a long-term contract on steel procurement, which is not affected by price fluctuations.

5. In the future, it is not excluded that Baosteel will participate in the construction of Huaxia Industrial Group's automobile sales network, nor will Huaxia Industry participate in Baosteel's upstream industrial chain investment.

Both sides are optimistic about the future of the other party, and put the heavy treasure on the other, only one side continues to develop, and the other party continues to benefit from energy.

All in all, the two sides will carry out all-round cooperation in steel supply, technology development, steel and parts processing, logistics management, enterprise management, automobile sales and other aspects. Compared with ordinary shallow trade cooperation, Huaxia Industry and Baosteel are already deep-seated technology and capital cooperation.

With the dust settles on the investment in Baosteel, Huaxia Industry resumed trading and had two daily limits. Unlike many listed companies that only talk about the theme and speculate on the stock price, Huaxia Industry has become a blockbuster if it does not make a sound, and it will be reorganized when it is reorganized, and it will cooperate if it is said to be cooperative, and it is not a false game.

During this time, in addition to Huaxia Industry's infinite scenery in the corporate world, there is another company that has also been focused on by everyone, because it has created the arrival of an era.

Sitong Company located in Tianjing successfully implemented the first MBO (management buyout) in China, clarified the property rights relationship that had been unclear until now, and made the joint management the controlling shareholder of the company, officially becoming the real owner of the company.

This is tantamount to dropping a bombshell on China's dreary economic circles, which has made many people nervous, especially the managers of some well-known companies.

For a long time, relying on personal ability to develop and grow an enterprise wearing the hat of state-owned assets, but it has not had a say in the company's equity. There is no clear statement on whether managers have contributed to the creation of such a large-scale company, and what proportion of their contributions should be.

Since the public-private partnership after the liberation of China, China's economy has established the status of the state-owned economy as the absolute main body, and it was not until after the reform and opening up that private enterprises emerged one after another. It can be said that any enterprise with a certain history and popularity will more or less bear the imprint of the state, and the state occupies a dominant stake in it. Under the banner of today's state-owned enterprise reform, the guiding principle of the state's advancement and retreat and grasping the large and letting go of the small has begun to explore a new mode of operation for enterprises with the nature of state-owned assets.

At this time, the emergence of the MBO model allowed many managers to find a shortcut to legally confirm their property, and also gave them the qualification to dialogue with the managers of state-owned capital of enterprises.

Unlike Huaxia Industry, which has always had clear property rights, it is like Brilliance Auto was developed through the relationship between relevant national ministries and commissions and funds, although Jin Yangyong tossed and turned, but there was no clear statement on the shares, in the end, according to his contribution to how many shares.

Now the emergence of MBO has also pointed out a clear way for him to turn Brilliance into his real enterprise through this model.

Although he has been quietly transferring the company's assets, Kim Yangyong hopes to give himself justice in the MBO model. If you look for any person, you will say that without Jin Yangyong, there would be no Brilliance Auto today. Now, if he were going to do an MBO, it would be easier for him to complete the program because of his outstanding ability to raise funds. And the company's upper and lower management will work with him to advance and retreat together. Over the years, Jin Yangyong has gained great prestige and appeal due to his continuous success.

Not only Jin Yangyong, but also the management of many well-known domestic enterprises are full of light, and if the MBO is successful, they can officially become owners from managers. But all these prerequisites must be agreed by the state-owned asset managers, that is, the state.

In the field of home appliances, the managers of two well-known enterprises also noticed the successful example of Sitong's MBO.

Midea Group, a home appliance giant located in Nanyue Province, and Chunlan Group, which had previously entered the automotive field, began the preliminary planning process of MBO almost at the same time. The heads of both enterprises are well-known figures in the industry, and they have developed a state-owned collective enterprise on the verge of bankruptcy into a large group with assets of more than 10 billion yuan, and now have a strong reputation at home and abroad.

They began to operate actively, preparing to take advantage of the reform of state-owned enterprises to complete the new process of enterprise reengineering. With the same scale, similar background of home appliance groups, and the exploration of one south and one north, it has become a dazzling pioneer in the MBO wave.

At that time, as long as the enterprise strongman with the state-owned hat saw a huge opportunity from it, if it was successfully implemented, he would build a large enterprise with his own hands and become his own child. As a result, Jianlibao, Changhong, Lenovo, Yutong Bus, etc. have opened the MBO magic box, and an asset transfer feast that has swept China has begun. From the perspective of the industries engaged in by these enterprises, they are all fields with extremely fierce market competition, and it is the cruel competition in the market that has created their reputation for being brave and good at fighting, and they have become well-known entrepreneurs in China. On the contrary, large state monopoly enterprises such as tobacco, electric power, petrochemical and other industries have not called for MBO.

Small and medium-sized state-owned enterprises generally lack vitality, and the MBO model can greatly activate the vitality of enterprises, as long as the bargaining is appropriate and the return on state-owned assets is guaranteed, then it will solve the reform problem that has plagued China's business community for many years in one fell swoop.

The success of Sitong has made many people sing praises for it.

However, some people have clearly pointed out that the source of funds for management buyouts is an unknown black hole, which can easily lead to a black-box operation in which the management uses state-owned assets to obtain funds and use them to acquire state assets. Under China's imperfect economic regulatory system, MBO is destined to be a thorny road, some people successfully pass through the rivers and lakes, and some people fall halfway and can never get up again.

Han Hao is far away from the topic of MBO, and he is now attending a special ceremony in the capital.

At the auto show, Han Hao took the initiative to propose to the vice premier that he hoped to donate the corresponding high-performance motorcycles to the national protocol motorcycle team free of charge, so that our country could use all its own national products when receiving foreign guests.

To receive foreign guests, the big red flag sedan is standard, which represents the image of our country. However, in terms of the motorcycle concierge team, foreign motorcycle brands are used, from the Honda 750 at the beginning, to the BMW 800 twin-cylinder, and the Chinese brand has never been seen.

Now China has become the world's largest motorcycle market, with the world's largest number of motorcycle manufacturers, and the use of imported brands as escort protocol motorcycle reception, has always been the lack of criticism by the central leadership.

When it was learned that Huaxia Industry had produced a large-displacement escort courtesy motorcycle for the first time in China, and that it intended to donate it to the country's foreign affairs activities free of charge, the delegation from the capital soon came to Hushan.

The purpose of the delegation is very clear, that is, to see whether the courtesy car produced by Huaxia Industry is suitable for China's diplomatic etiquette, whether it is absolutely reliable in quality, and whether there is any follow-up service. The courtesy car used for foreign affairs activities does not mean that Huaxia Motorcycle will no longer care if it is donated, it must ensure follow-up services, and even need to be equipped with a special service department to dock work.

As soon as the Ministry of Foreign Affairs, the Armed Police Corps, the Machinery Industry Bureau, and other departments stepped off the plane in Jiangzhou, they saw the largesse of Huaxia Industry.

A row of eight dark black Chinese sedans quietly waited for the arrival of the VIPs, and the guests from the capital were interested in this sedan known as the pride of China, and they all looked up and down to discuss.

Han Hao just let them know that even the more difficult car Huaxia industry can be built, and the courtesy motorcycle specially built for the country is no longer a problem.

In order to obtain national recognition, Huaxia motorcycle designers have also specially modified and improved the courtesy car, using more cultural elements that represent the face of China.

As everyone knows, when important foreign guests come to our country for a friendly visit, they will hold a welcoming ceremony in front of Tiananmen Square. Therefore, the design of the front face of the courtesy motorcycle is inspired by the majestic stone lion in front of Tiananmen Square, and the front face of the whole vehicle looks like a lion in a classical Chinese posture.

The white body is matched with the red and yellow colors of the national flag, and then outlines the styling module of the Great Wall, and it is easy to see a variety of typical Chinese elements.

The excellent design and unique Chinese cultural charm made the experts of the delegation full of praise.

The courtesy car represents the image of the country, which is to impress foreign visitors, and it can be said that the Huaxia courtesy motorcycle has done this, and it is impeccable in appearance.

The only thing to worry about next is the mechanical performance and driving stability, and you can't drop the chain halfway when welcoming foreign guests.

With the newly developed 750CC twin-cylinder water-cooled engine of Huaxia Motorcycle, it has strong power and a maximum speed of 160 kilometers per hour, and is equipped with a number of international advanced equipment such as ABS anti-lock braking system.

In the inspection team, there were active concierge team members, who did a series of real car handling tests on the Huaxia courtesy car, and the response was okay and some places were unexpected.

In order to cooperate with the 1999 National Day military parade, the foreign affairs department urgently needed 48 courtesy motorcycles, and soon signed a cooperation agreement with Huaxia Industry.

Supervised by the relevant state departments, Huaxia Motorcycle is responsible for providing 48 finished motorcycles within 30 days.

According to the internal cost calculation of Huaxia Motorcycle, the cost of a courtesy car is as high as 100,000 yuan, because it cannot share the cost of mass production, so many parts have to be customized and produced, and the price is high.

In addition, it is necessary to equip the courtesy car with enough replacement parts, and it is necessary to set up a corresponding maintenance department in the capital, and this courtesy car project alone will cost Huaxia Motorcycle more than 10 million yuan.

10 million is used to advertise on the national courtesy car, which is very cost-effective, which is equivalent to the endorsement of the state for Huaxia motorcycles, admitting that its quality is very safe and reliable.

The brand needs to be shaped for a long time, and now it can provide courtesy motorcycles for the country, which is an important stop in the road of concentrating of the Huaxia brand.

After uninterrupted production, Huaxia Motorcycle finally completed the production of 48 escort courtesy cars 3 days before the deadline, and all of them passed the quality inspection of relevant departments.

Today in the Great Hall of the People, Han Hao attended the grand ceremony of Huaxia Industrial Group's donation of 48 courtesy motorcycles.

"We are honored and proud to be the provider of the National Concierge Motorcycle Team. We Huaxia Motorcycle will live up to the trust of the country and continue to build good cars to serve the people of the whole country!"

The picture of Han Hao's interview once again appeared on the "News Network", and the Huaxia motorcycle became a national courtesy car and was widely known.

"This car is really beautiful enough, I don't know if I thought it was an imported product, but I didn't think it was a product of Huaxia Motorcycle!"

"Yes, I have a Huaxia Princess scooter at home, and I can say it with a courtesy car with a brand on my face. ”

……

On the newly emerging Internet BBS, a group of netizens began to discuss Huaxia Industry.

Due to his outstanding contribution to the 50th National Day military parade, Han Hao received an invitation letter from the state, inviting him to attend on-site activities on the National Day and as a special guest to climb the temporary observation decks on both sides of Tiananmen Square to watch the ceremony.

This is a great honor, which shows that the country fully recognizes Han Hao, a young entrepreneur. Last year, he donated a huge amount of money during the flood, and this year he took the initiative to donate a courtesy car to the country to share his worries, and he has created a well-known domestic brand in the operation of the law and integrity, and is a patriotic entrepreneur with a sense of social responsibility.

"What, inviting me to Tiananmen Square with your mother?"

In addition to Han Hao, the invitation also gave two other immediate family members, and the state considered letting the family of the invited guests attend the event.

When Han Hao told his father Han Yongfu the news, he couldn't believe it was true, as an ordinary person, to be able to attend such a major ceremony in person, it was really the ancestral tomb that was constantly smoking.

"Hao'er, you won't joke with your parents, right?

Mother Wang Guifen also doesn't believe that although her son is rich, the National Day ceremony is really not something that can be bought with money.

It wasn't until Han Hao read the invitation to his parents word by word and let them take a magnifying glass to read it that the two old men believed that they were really qualified to go to the capital with their son to participate in the 50th National Day celebrations.

"It's really the ancestral tomb is smoking, tomorrow our family will sweep the grave and tell the ancestors the good news, so that they can have fun in the other world!"

Father Han Yongfu suddenly came up with such a sentence, which made Han Hao a little crying and laughing.

To participate in the National Day Celebration, of course, you must submit your identity for verification in advance, and it can only be finalized after the relevant departments confirm it one by one.

In this moment of waiting, a foreigner came to the door.