Chapter 640: Zhongyan Holdings
Chapter 640 Zhongyan Holdings
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By the time Guo Shouyun had arranged the matter of the Hunan Torch properly, there was no need for him to tell Wu Xiaojing to stand up and continue to introduce Wang Jue.
"Jingcheng Zhongyan, formerly known as Beijing Pinggu Yanshan Down Products Factory, is a township enterprise founded by the father of Xiao Jun, the chairman of the company, in 1986. In 1988, the down factory was jointly established with China Native Animal Feather and Feather Products Import and Export Corporation and Japan Sanli Co., Ltd., which became a dazzling Sino-foreign joint venture in Beijing at that time, and was successively rated as an advanced enterprise and star enterprise in Beijing. In 1990, the company was promoted to a national second-class enterprise, and in 1991, it was included in the national large and medium-sized enterprises by the GW Institute and was rated as a national star enterprise. ”
In 1995, Jingcheng sent the listing index to Zhongyan, and started the restructuring and packaging work before listing, the assets of the original township enterprises became state-owned legal person shares overnight, and they were classified into the Beijing Zhongyan Industrial Group Company established for listing, and several other affiliated enterprises Beijing Hongsida, Zhongtu Animal Feather and Feather Products Import and Export Company, Jingcheng Agricultural and Industrial Development and Trade Company, and Beijing International Economic Cooperation Company have also evaluated their assets in different ways. ”
In 1996, Beijing Zhongyan was grandly listed at the same time as the ownership of Southern Securities, issuing 33.6 million public shares, and actually raised more than 100 million yuan after deducting the issuance costs. More than 100 million yuan stayed in the account of Beijing Zhongyan for only a few months, and several major shareholders proposed their own investment projects, and divided the raised funds in different ways in proportion. It did not produce any substantial help to Zhongyan in the capital. ”
In 1999, when Beijing Zhongyan was listed for three years, the company was in a predicament, and the production of down jackets, duvets and other products was backlogged, and the company's management was at a loss. Faced with the pressure of hundreds of layoffs and information disclosure of listed companies, the Ping~Gu County Government held several meetings to conduct comparative analysis of different rescue plans. The government does not want to lose its controlling stake, fearing that the new shareholders will disclose unfavorable information to the outside world, which will affect the reputation of the government, and is more worried about the possible involvement of the whereabouts of the funds. In order to make a smooth transition, Pinggu County gave up the idea of introducing foreign capital and chose the original shareholder 'Jingcheng International Economic Cooperation Company' to reorganize, and agreed that the largest shareholder, Jingcheng Zhongyan Industrial Group, would transfer 38 million shares of state-owned legal person shares to Beijing Guohe. ”
In August 1999, Beijing International Economic Cooperation Co., Ltd. acquired 38 million state-owned legal person shares of Zhongyan Group, and then became the largest shareholder of "Beijing Zhongyan". However, the merger of the capital and the state did not have the intention of seriously operating the capital Zhongyan, and the reason why he moved in was just to be optimistic about this shell resource, and he planned to make a sum of money and leave. However, it triggered a dispute with the two shareholders of Zhongyan in the capital, 'Zhongyan Group', and the two finally went to court, but they were each beaten fifty boards. But in the end, Zhongyan Group, as the head snake of the land, got the actual control of Zhongyan in the capital. ”
However, after that, under the management of Fang Zeping, general manager of Zhongyan Group, Beijing Zhongyan ushered in more heavy losses. He successively registered Damex Investment Company, Sifangyi Investment Company, and Sanlei Investment Company in Beijing, and quickly guaranteed bank loans in the name of "Beijing Zhongyan", and also discounted and misappropriated bank acceptance bills, involving an amount of up to 150 million yuan. and added 115 million debts to the capital Zhongyan. ”
During this period, Jingcheng Guohe, which was vying for control of Beijing Zhongyan, had sold all its shares to CEII Leasing Group, and CEII eventually held 42% of the shares of Jingcheng Zhongyan by acquiring the shares of the original shareholders, making it the largest shareholder. However, because of Fang Zeping's denunciation, the boss of CEICI International was arrested on suspicion of financial fraud, and CEICI immediately collapsed. ”
At this time, the main business of Beijing Zhongyan has completely stopped, and it relies on leasing factories to survive. Moreover, there is a book loss of 115 million Huaxia Yuan, of which 77.43 million Huaxia Yuan is accounted for by major shareholders. ”
"In July 2001, Delong became a shareholder, but due to the constraints of the 'second shareholder' Zhongyan Group, Delong's transformation of the capital Zhongyan has never been able to be carried out. It was not until 2003 that Fang Zeping, general manager of Zhongyan Group, was sentenced to life imprisonment by the court for financial fraud and illegal embezzlement of state-owned assets. ”
"Originally, according to Delong's rectification plan for Beijing Zhongyan, the flax production and marketing business of Tianyi Industrial, a subsidiary of Tunhe, and Tunhe Polyester Company will be gradually merged into Beijing Zhongyan, and a material company based on the production of cotton and linen, polyester and synthetic fibers will be created, and then gradually expanded to downstream fields such as garment manufacturing, becoming a comprehensive enterprise group integrating raw material production, processing and manufacturing. However, due to the shortage of funds in the later period, the transformation of Beijing Zhongyan came to a standstill, and even in order to raise funds, Delong has been negotiating with Zhejiang Baoqun Company, but the contract between the two parties has not been signed, and Delong's crisis has completely broken out, and it has been acquired by us until now. ”
"I didn't expect this Zhongyan in the capital to have such a tortuous past, which can be made into a shopping mall. Zeng Liqing said with a smile.
"Actually, I'm very interested in that guy named Fang Zeping. It's not easy to be able to play with six or seven companies, including Delong. Zhang Lei said with a smile.
"If he were in the United States, he would be a successful businessman!" Bo Ruituo couldn't help but speak.
The law in the United States has always been that 'the rich cannot be punished.'" As long as you have the money, you can hire the best lawyer, fight the lawsuit for a few years, and finally get bailed even if you lose. As long as it doesn't make people angry, it will rarely really go to bars.
"Boss, the situation in Zhongyan in the capital is not complicated. The assets are also simple, if we plan to operate ourselves, we will continue Delong's plan and transfer the cotton, linen and polyester business of Tunhe Group to Zhongyan in Beijing. If you don't want to, sell it to Baoqun!" Chen Yu said.
"Although the Tang brothers have mediocre financial skills, they still have a few brushes in business operations and strategy. After a pause, "Let's follow Delong's previous plan!"
Selling the business directly to recover the loss is the next policy. This is like holding a stock that has lost money, if you close the position at this time, the temporary loss will become a permanent loss, but if you put it in your hand and wait until the market improves, you may not only be able to make up for the loss, but also make a profit.
“… As for the CEO's person?"
Guo Shouyun's gaze quickly swept through the crowd and stopped at Wu Feng's body.
"Wu Feng, if you were asked to be the CEO of Jingcheng Zhongyan, how would you operate?"
Hearing this, Wu Feng's heart instantly jumped up. He had read the information of the Tunhe Group and Zhongyan, and if the cotton, linen and polyester businesses under Tunhe could be integrated into Zhongyan, then even if nothing remained the same, Zhongyan's assets would be close to 300 million Huaxia coins! Although Zhongyan still had a book loss of 115 million Huaxia yuan, he believed that his ability would definitely bring Zhongyan back to life in the capital in the future.
And to become the CEO of a listed company, the temptation is too great.
Looking at Guo Shouyun's deep eyes, Wu Feng quickly organized the language in his heart.
"First, we will dismantle the down products business that has no real name and lease out the factory building in Pinggu. Second, the company's headquarters was moved from the capital to Xin~Xinjiang, where the factories and production areas of Tianyi Industrial, Tunhe polyester and three-dimensional cotton spinning were located, and the headquarters was moved to Xin~Xinjiang to facilitate the management of its assets. Third, rectify the management system of Beijing Zhongyan, streamline personnel, cut a series of unnecessary expenses, strengthen employee vocational training, and build a performance-based career promotion system. Fourth, with the help of the superior natural environment of Xin~Xinjiang, we will continue to strengthen the company's market share and market position in the fiber material industry. ”
"Not bad!" Guo Shouyun smiled and nodded, "Why don't you just sell the factory in Pinggu, so that you can get a lot of working capital." ”
"I have read the information of Zhongyan in the capital, and their factory in the center of Pinggu District covers an area of 238 acres, which has increased to 4.8 times since it was listed in 96! Delong Real Estate Company, a subsidiary of Delong International, plans to build a residential community here. But due to lack of funds, it was stagnant for a while. Therefore, I plan to rent out this land for the time being, and wait for the recovery of the domestic real estate industry, and then choose the opportunity to carry out real estate development, which will definitely make more money than simply selling land. ”
Hearing this, Guo Shouyun was a little surprised.
"I didn't expect you to have such a long-term vision, not bad!" After approving, "When you plan to develop real estate, you can go to Tang Wenfang from Global Real Estate!"
"Yes!"
"Mr. Chen, Jingcheng Zhongyan changed its name to Zhongyan Holdings, which is supervised by the asset management department of Oriental Trust. ”
For the fiber material industry, Guo Shouyun is not interested. While Chen Yu agreed, Wu Feng was both happy and disappointed in his heart. I am glad that I have the opportunity to become the CEO of a listed company, which is a big step forward in my career. The loss is that Zhongyan Holdings is supervised by Orient Trust, which means that it will not become the core company of Guo Shouyun. In the future, there is a risk of being sold!
"I will definitely prove it to you, the future of Zhongyan Holdings must be no worse than Jianlibao and Red Star Automobile Group!" Wu Feng secretly swore in his heart.
Guo Shouyun noticed the strangeness of his expression, but he didn't care. In this acquisition of Delong Group, he took a fancy to two of these assets. One is Delong's relatively rich financial licenses, and the other is Hunan Torch, which has laid a solid foundation in the automobile industry. As for the rest of the companies, it is better to turn losses into profits in the end, and it doesn't hurt if it doesn't work. Except for this time, he will rarely ask in the future.
"Go ahead!"
After hearing the command, Wang Jue stood up.
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