"No, this plan is unacceptable, too harsh, too unfavorable to the city, and it is not in line with the spirit of further intensifying reform and opening up!"

Yin Chaofeng raised his gaze and categorically refused, even in the face of Lin Chunming and Mayor Feng, who had already formed a consensus, he still did not hesitate to express his attitude.

"Lao Yin, I understand your thoughts, but you should know better than us about the current situation of the radio factory, you are the executive deputy mayor, in charge of the finances, according to this situation, how much the city finance will invest in a year, this can be calculated. Lin Chunming patiently explained.

In fact, when this plan was proposed, Lin Chunming and Feng Shizhang were taken aback.

It is necessary to let the city finance bear 70 percent of the more than 60 million debts, that is to say, the city radio factory will have to divest more than 40 million yuan of debts and hand them over to the city to bear, so that the net assets of the radio factory will suddenly become more than 50 million, and on paper, this is almost a very good enterprise.

Of course, according to the current situation, in less than two years, this enterprise will become an enterprise with a net worth of only a few million dollars and a debt ratio of 90 percent on the verge of bankruptcy.

It is not about how high the debt ratio is, but whether the company can find a way out.

Obviously, such an idea of stripping off debts was unacceptable to the city government, and negotiations with Duan Yongming fell into a tug-of-war.

The stripping debt fell rapidly from more than 45 million to 30 million, but the city was still unwilling to accept it, feeling that it was too high, and finally dropped to 25 million.

In fact, Duan Yongming's team is not very insistent in this regard, in contrast, they are willing to make concessions in this regard, but they have a tougher attitude on the issue of divesting employees, more than 6,000 employees, they hope to only retain about 3,000 employees, which is unacceptable to the municipal government.

According to the opinions of the city, some of the more than 6,000 workers who are about to retire or are not in good health, and some of the employees who are willing to leave with compensation, and the remaining 5,000 or so workers and new enterprises should accept it, but this is absolutely unacceptable to Duan Yongming.

From stripping off the amount of debt to reducing the number of employees, it has become the focus of negotiations between Duan Yongming's team and the Wanzhou Municipal Party Committee and Municipal Government.

But for both sides, the tug-of-war of attrition was unbearable, so after a week of hard negotiations, the two sides basically agreed.

That is, about 4,200 employees will be retained, and no more than 4,500 will be retained, and 25 million will be stripped of debts.

Duan Yongming's team invested 20 million yuan to account for 35 percent of the shares in the new enterprise, and introduced external strategic investment of 20 million yuan for 30 percent of the shares, the municipal government accounted for 20 percent of the shares, and the trade union of the Far Radio Factory held 15 percent of the shares on behalf of the employees of the original enterprises.

The external strategic investment comes from Hong Kong Huatai, the parent company of Wanzhou Huafeng, which is actually Thunder's investment of 20 million.

According to the agreement, Hong Kong Huatai Industrial will contribute 30% of the shares, but in fact, the exercise of shareholder rights is entrusted to Duan Yongming himself, and the preliminary period is five years, which also means that Duan Yongming's team essentially controls the new company, which is also the key to convincing Duan Yongming's team.

Now the agreement between the two sides is initialed, and it can take effect only after the agreement has passed the standing committee of the municipal party committee and the executive meeting of the municipal government, and is sent to the municipal senior officials' meeting for deliberation and filing.

Duan Yongming has also officially submitted his resignation report to Zhongshan Yihua the day before yesterday, and it is expected that the team that will follow him will reach more than 30 people.

"Secretary Lin, Mayor Feng, I understand your feelings, but it is too harsh and inappropriate to let the municipal finance accept more than 20 million debt strips. Since it is a restructuring, Duan Yongming's team and Hong Kong Huatai are also optimistic about this restructuring, why do they still want us to bear such a large debt? They can completely accept all this debt, and if they want to restructure, they must restructure it thoroughly, and don't leave their tails! The city has all withdrawn, cleanly, profitably, and completely ended!

Yin Chaofeng's tone was very firm, his attitude was also very clear, and he was also convincing.

His views are not unreasonable, and even represent the aspirations of a considerable number of members of the Standing Committee.

Finally, there are outsiders to take over, and they don't take the opportunity to clear it and completely get rid of this burden, but what are they doing with 20 percent of the equity? And this will have to pay a huge price of 25 million debts, which is simply unacceptable!

Do you have to wait until the business is not doing well and is forced to get involved to take over?

At that time, these outsiders may go bankrupt as soon as they pat their butts and leave, but your local party committee and government are still one of the major shareholders, can they run away and hide?

Lin Chunming and Feng Shizhang exchanged glances, and they also felt a little embarrassed, because they saw the tendency of the attitudes of several Standing Committee members.

Yin Chaofeng's words touched them.

Yes, since they are all shouting for further reform and opening up, then the reform should be more thorough.

It is a company with a net worth of only a few million, why should it strip off part of its debts and turn it into a company with a net worth of more than 30 million, and then let those who are willing to take over take over?

This is not clear, it means that the receiver has no idea in his heart, and he still wants to pull the local party committee and government together.

Even they don't know their own hearts, how risky will this restructuring be?

Will it be successful?

Will it become a disguised loss of state-owned assets?

In a word, it is not worth paying 25 million in exchange for the so-called 20% equity of the new enterprise, and the government should resolutely withdraw from it completely.

Yin Chaofeng used his stark attitude to fight back at Lin Chunming, which made Lin Chunming a little embarrassed.

He had been worried that Yin Chaofeng would oppose the restructuring, and even make trouble at the Standing Committee of the Municipal Party Committee and the Standing Committee of the Municipal Affairs Committee, but he didn't expect that this time Yin Chaofeng was unusual, with such a clear attitude, demanding that the reform be carried out to the end, completely withdraw from the radio factory, and get rid of the burden, of course, the key point is that the municipal finance will never bear the 2500 debts in exchange for 20% equity.

This huge contrast in attitude caught both him and Feng Shizhang a little off guard.

"Lao Yin, not to mention whether the other party will agree if we all withdraw from the contract, if we all withdraw at once, it will make the other party feel that we are throwing off the burden and leaving, and it will make the other party question the sincerity of our previous negotiations, have you considered this?" Feng Shizhang had to interject.

This is originally his point of view, to keep part of the equity, but not too much, 20% equity is more appropriate.

"No, Mayor Feng, if the other party really has confidence in the future of this new enterprise, they shouldn't be entangled in more than 20 million shares, aren't they full of confidence?

Yin Chaofeng did not give Feng Shizhang face.

This is a good opportunity for him to strive for his own independent attitude, and at the same time, it can also let everyone see that he is not against reform and opening up, or even unswervingly carries out reform and opening up to the end, rather than the kind of wall-riding faction that talks about reform and opening up at every turn, but in fact is still timid and looking ahead.

"In addition, our municipal party committee and municipal government can also show our posture by completely withdrawing from the restructuring of state-owned enterprises, in addition, realistically speaking, there are many places to use money this year, and the economic development zone is in a hurry, and the financial difficulties are very great, and the saved funds can be invested in the construction and development department to speed up the construction of the economic development zone. ”

Yin Chaofeng is in charge of finance, and he is very clear about the financial situation, and he can find countless reasons to explain the financial difficulties, because the finances themselves are indeed very difficult, and this is not to find reasons to excuse them.

Feng Shizhang hesitated a little, and subconsciously glanced at Lin Chunming, who was frowning and contemplative, and then at Tang Hua and Zhong Guangbiao.

Tang Hua hesitated, thought for a while and said: "Lao Yin, we also have to consider the attitude of our partners, will it be a bit like crossing a bridge to draw a board in this way?" ”

Tang Hua's words revealed his inner thoughts, and he actually still wanted to quit completely, indicating that he was still a little worried about whether Duan Yongming and them could turn things around, and felt that it was more cost-effective to save the 25 million, but he was just worried that the other party's unwillingness would lead to the breakdown of the negotiations.

Zhong Guangbiao is very straightforward: "Mayor Yin, more than 20 million is not too much, but less is a lot, I think we can actually retain a part of the shares, which can be regarded as support for the enterprise, if the enterprise develops well, we will withdraw in the future, and it will better reflect the style of our municipal party committee and municipal government." ”

"Secretary Zhong, now is not the time to talk about style, this is a business negotiation!" Yin Chaofeng said coldly: "To put it mildly, there are these 25 million, if the enterprise fails in the future, we can also use the 25 million to clean up the mess and solve the problem of the company's employees, but if all of them are thrown inside, and we have to pick up the mess in the future, then we have to dig up raw meat." What I'm saying may not be very good, but let's think about it. ”

Zhong Guangbiao sneered inwardly.

Speaking of which, I am still not very optimistic about the restructuring of the radio factory this time.

Everyone still has the idea of wanting to unload the burden and find a pick-up man, thinking that there are outsiders who throw forty or fifty million dollars in, and they can always solve some problems.

In this way, there is an explanation from top to bottom, not that we have not reformed the system, but that we have not saved the enterprise after reforming the system, so we have tried our best to fulfill our responsibilities, and no one can blame us.

Zhong Guangbiao felt that Feng Shizhang, Tang Hua and others all existed to varying degrees, and as for Yin Chaofeng and other members of the Standing Committee, it was estimated that this was even more so.

It is no wonder that a consensus has been formed at the meeting of the secretaries, and after taking the Standing Committee, this controversy, especially Yin Chaofeng's resolute opposition, Feng Shizhang and Tang Hua shrank back a little.

The problem is that now it is clear, although the other Standing Committee members have not yet made a clear statement, only Yin Chaofeng can afford to jump alone, but if their opinions are sought, they will definitely be inclined to Yin Chaofeng, and the reasons are very sufficient, and the restructuring should be more thorough.