"Secretary Yue, this... There are others... What?"

Looking at the information that Yue Zhifeng took out, Li Xian stiffened his head and asked such a question.

It seemed that he had already expected Li Xian to have this reaction, and Yue Zhifeng smiled very kindly: "Li Xian, you are a smart person. What do you think?"

“......”

Hearing this, Li Xian knew that the special question was in vain.

It's clear, this is playing with Lao Tzu!

What's going on with Songjiang Industrial?

The reason why this company was able to go public was completely because the province was eager to occupy the quota at the beginning, which paved the way for the subsequent listing of large-scale state-owned enterprises. It can be said that behind the success of Songjiang Industrial's listing, there are too many cats;

On November 26, 1990, on the banks of the Huangpu River, the Shanghai Stock Exchange opened, and Mr. Zhu, then the mayor of Shanghai, sounded the hammer of the opening of the market. Since then, China's securities market has embarked on an extraordinary journey on China's economic giant ship. If China's reform is crossing the river by feeling the stones, then China's stock market is driving a broken boat into the sea. Start in confusion and develop in twists and turns and constant compromises.

In the early days, the power to approve the issuance of shares by listed companies was vested in the People's Bank of China, and later the China Securities Regulatory Commission (CSRC) was responsible. As early as the People's Bank of China's approval period, the predecessor of Songjiang Industrial Bingcheng Small Commodities has issued shares, small commodities and plastic factories are different, in Bingcheng, the development of small commodities such distribution industry is still quite stable compared with the industrial industry. However, in order to go public, the two were matched by the State-owned Assets Supervision and Administration Office and bundled together, which laid a bane for Songjiang Industrial to buy in the future.

According to the situation of Songjiang Plastics and Small Commodities Company at the end of '91, the fixed assets of the two are about the same. But the problem is that at that time, the Songjiang Plastics Factory, which had more than 1,700 people, was already in decline, and it wanted to save the market with the money from the listing. However, although small commodities were in decline at that time due to the structural problems of large state-owned distribution companies and the impact of the increasing number of self-employed people in society, they were still profitable.

The small commodities company issued shares twice from December 25, 1988 to May 5, 1989 and from April 25, 1990 to February 15, 1991, with a par value of 1 yuan per share. So before the merger of the two companies, the employees of the small commodities company held some of the shares.

After the merger, in order to go public, Songjiang Industrial once again issued shares within the company and apportioned them to the company's employees.

At that time, the requirement was that ordinary employees should buy at least a few thousand shares each, while cadres above the middle level should buy more than 10,000 shares.

This is where the problem lies: the efficiency of small commodities at that time was quite good, and the distribution company had a lot of oil and water, and the workers were able to come up with some money in their hands. Although he was dissatisfied with the apportionment, he was able to hold on. On the other hand, Songjiang Plastics has not been able to pay wages since 89. Except for a few cadres, the poor pants of the employees are all patched, where can they have spare money to buy stocks?

In the end, the company's management had no choice but to let the small commodities be apportioned more, and the unfinished apportionment tasks that originally belonged to Songjiang Plastics were divided.

However, a very dramatic scene is that on August 9, 1991, Songjiang Industrial was successfully listed on the Shanghai Stock Exchange.

In the primary and semi-market, the initial trading price of Songjiang Industrial was only about 2 yuan or 3 yuan, and on the eve of listing, the price of the primary and semi-market has been speculated to 10 yuan. But even so, the original shares of Songjiang Industrial can still be earned after listing.

Because in the second year of listing, that is, in 92 years, it took advantage of the rise of stock speculation in the land of China, and then the wave of call warrants swept the land of China, and the stock price rose to about 18 yuan as if it had been stimulated!

That's it, among the small commodity workers who were originally apportioned to the enterprise, I am afraid that there must be dozens of 10,000 yuan households, more than a dozen 100,000 yuan households!

On the other hand, on the other side of Songjiang Plastics, most of the employees are in the big wave of listing, and they are drawing water with bamboo baskets, and they have not caught anything. It proves that poverty is recyclable, and it is a formula that has been poor for generations.

At the beginning of the company's listing, there was money on the books, and a round of crazy investment began. It is also an investment in real estate, an investment in the wood industry, and an investment in shopping malls.

But in less than a year, all the hundreds of millions of dollars from the listing and financing were lost. Except for a group of employees who made money by selling their stocks, the others returned to the original point again.

The contrast between one poor and one rich is so stark that contradictions arise and are out of control.

First, the workers of the plastic factory went to the small commodities to make trouble and wanted to recover some of the original stock dividends.

The workers of small commodities are also aggrieved!

The heart said that I didn't know if the stock could appreciate at the beginning, and when the company engaged in apportionment, we lent it to you to cover the bottom line, and took such a big risk, and now I have made money and come to settle accounts after the autumn?

Who would agree to that?

So the two sides fought because of this matter, and there was a big fuss at that time.

It may be that the employees of the plastic factory also thought about this matter and ignored it, and after about half a year of trouble, they pointed the finger at the general manager of the company who was in charge of the stock issuance, that is, Li Cunzhen, the manager of the original small commodity company.

It is said that this Li Cunzhen can be regarded as suffering from an unjustified disaster. has completely become the object of the employees' grievances, an innocent scapegoat.

But it turns out that this brother is really not a little white lotus.

When the workers take action and want to become leaders, the power is infinite. It only took more than a month of hard work, and Li Cunzhen took advantage of his position to make money in the previous investment process and build a small western-style house for himself.

Check it out again, okay.

It's not just these things, and it's not just Li Cunzhen.

At the beginning of '93, Songjiang Industrial spent more than 5 million yuan to set up a car rental company and purchased ten Santana cars to start business. As a result, the company lost money from the beginning of operation, and the employees checked it and found out that the company's leasing objects were all high-level cadres of the company. Millions of people are invested in it, and the reason for daring is to solve the problem of "difficult travel" for cadres.

Obtaining this great victory, the employees started the Wushuang mode.

Songjiang Industrial who should not be a cadre, as long as you are a cadre, a group of workers who have not been paid wages for more than a year and have not gone to work for almost a year and a half will find out your pigtails and send them to the bureau for you.

Who can withstand this?

The team of Songjiang Industry collapsed like this, and became a veritable enterprise in which the people are the masters of the country.

But that's not all.

It's a good thing that no one is leading, but after more than a year, Songjiang Plastics is a complete yellow stall. After several clashes and nonsense, the small commodity company was also dragged down, and in the first half of this year, it was shut down because of arrears in utility and heating bills.

The entire Songjiang industry, with more than 2,000 employees, is now divided into two factions that are also keen on S visits - one faction of the small commodity company, which gritted its teeth and asked the small commodity company to break away from Songjiang industry and ask for capital to contract the operation of the original small commodity building. One faction of the plastic factory is looking for government subsidies every once in a while, and at the same time, it is also staring at the other faction, shouting that everyone should be treated equally. The meaning is that as long as small commodities are contracted independently, then they must also have a share.

Things are stuck here.

With such a fuss, Songjiang Industry has actually existed in name only. Negative profits for three consecutive years, the company's shares have been hung on the "ST" mark on behalf of "assets are less than liabilities, pay special attention, beware of the danger of delisting".

Before, when the workers killed one leader after another and turned Songjiang Industry into a "cadre cemetery", Li Xian and a group of subordinates in New Taipei laughed when they talked about it, saying that whoever sticks to this company is considered to have poured blood mold for eight lifetimes.

I didn't think about it, the destiny is good for reincarnation, no one should laugh at anyone.

Now, this hot potato is actually ......

was treated as a carrot by Yue Zhifeng, given to New Taipei, and belonged to him Li Xian.

.。 m.