Chapter 152 Equity Restructuring
Shen Huai didn't tell Chen Dan and Xiao Li that he met Kou Xuan at Emperor International to be a "princess" there, he could feel that Kou Xuan was a girl with strong self-esteem, maybe her self-esteem was too strong, and she could see the shadow of the previous "Shen Huai" from her, and if she really wanted to reach out to force her, she would make her twist her temperament and slide down to the other side......
Next, at the party and government meeting in mid-April, Shen Huai made an internal report to the town government on the equity restructuring plan of Meixi Iron and Steel Plant and the development plan of this year's steel plant.
In addition to Wang Kangsheng, Qian Wenhui, Xu Xiting, Zhao Dong and other representatives of the steel mill, there are only 13 members of the party committee of the town government.
At the meeting, Shen Huai clearly put forward that the goal of the steel mill this year is 400 million output value and 40 million profit.
"To achieve this goal, the steel mill will produce 150,000 tons of steel this year. At present, the steel mill has begun to make preliminary technical preparations, and is also in contact with equipment manufacturers, but in order to complete this goal this year, "Shen Huai also asked people to prepare a writing board in the government meeting, so that he can intuitively draw some data and trend drawings, he stood in front of the writing board, pointing to the data written out of the column, "The steel mill will raise 30 million development funds for equipment transformation and expansion of power supply before the middle of the year." At present, relying on the accumulation of profits and depreciation funds of the steel mills themselves, about half of them can be completed before the middle of the year, and there is still a funding gap of 15 million......"
"Due to the high debt ratio of steel mills, it is unlikely that they will borrow more from banks in the short term; There are many ways to raise funds: borrowing money to pay interest, collecting security deposits from workers, and so on. Many companies also raise funds through these methods, some doing well and some doing poorly. I think we have to change, I plan to take the opportunity of equity restructuring to carry out equity fundraising," Shen Huai said, "The reason is very simple, just like the joint venture Ziluo Home Textile Company, the audited net assets of Meixi Iron and Steel Plant, currently have 50 million, which is the collective property of Meixi Town, and all the equity fund-raising funds are taken out of real gold and silver to amortize shares." According to the relevant regulations, in addition to the shareholding held by the Assets Office on behalf of Meixi Town, the restructured joint-stock company can have a maximum of 200 shareholders. This time, I plan to expand equity and raise funds in three main aspects: First, we must make the management of the steel mill and the interests of the steel mill maintain one hold, so that the management can have the motivation to develop the enterprise, instead of prying the wall foot of the enterprise with one mind, and I plan to raise no more than 10% of the equity from the management of the steel mill; second, attracting investment is the top priority in the current work, and I plan to introduce foreign capital to hold no more than 10%; Third, the steel mill belongs to the collective property of Meixi Town, and safeguarding the rights and interests of the steel mill is the obligation and responsibility of everyone here, and I plan to raise no more than 5% of the shares from the town government staff this time......"
On the side of the town government, only Guo Quan assisted Shen Huai in the work of the Assets Office, and knew the operation of Meixi Iron and Steel Plant well. Although He Qingshe, Li Feng, Huang Xinliang and others knew that the Meixi Iron and Steel Plant was rising and revitalizing under Shen Huai's rectification, they didn't know much about it.
With an output value of 400 million yuan a year, a profit of 40 million yuan, plus the national and local taxes that should be paid, the total profits and taxes will exceed 60 million -- this figure is something He Qingshe, Li Feng, and Huang Xinliang did not dare to think about before.
Although they didn't dare to imagine this data before, they didn't think it was too exaggerated when Shen Huai put it forward as a target.
The steel mill has made a profit of more than 2 million for five consecutive months, and even if it does nothing, it will make a profit of more than 20 million this year. It is not an impossible miracle to be able to complete equity financing, carry out equipment transformation, power expansion, further increase production capacity, and complete the goal of annual output value of 400 million yuan and profit of 40 million yuan before the middle of the year.
Maybe this is a miracle, but in their opinion, Shen Huai has a pair of hands that create miracles, otherwise Meixi Iron and Steel Plant is in the hands of Du Jian and Shen Huai, why is there such a big difference?
Of course, the equity restructuring plan proposed by Shen Huai should solve a series of problems such as management shareholding and the introduction of foreign shareholders at one time, which is equivalent to a complete change in the management structure of Meixi Iron and Steel Plant. The step was quite big, and He Qingshe, Li Feng and others should not have supported it, but Shen Huai also expanded the target of the offering to the town government, so they had to consider what benefits this would bring to them.
He Qingshe, Huang Xinliang, Li Feng They are more concerned about the development of the domestic steel industry.
Obviously, domestic steel has been in short supply for a long time, and the proportion of steel imported from overseas in 93 years is close to 20%, which consumes a lot of foreign exchange.
The reason why Meixi Iron and Steel Plant used to be difficult was not that the market was not good, but that some people were too greedy and could not keep up with the management and technical level. Measured by the profit level of domestic first-class steel enterprises such as Baosteel, Meixi Iron and Steel Plant can achieve an output value of 400 million, and the profit of 40 million is not an exaggeration.
Even if the net assets of the steel mill increase to 80 million after the equity restructuring, the profit of 40 million means that the asset appreciation rate is 50%. In other words, if 20,000 yuan is invested in a steel mill as a shareholder, the value will increase to 30,000 yuan a year, and if the situation does not change next year, or even better, it will increase in value to more than 45,000.
The temptation to more than double in two years and make money is in front of everyone, and this temptation is still quite large. For He Qingshe, borrowing 100,000 or 200,000 yuan from relatives and friends to invest in the steel mill, it doesn't matter if he, the mayor of the town, is inappropriate.
"This is the equity restructuring plan made by the Assets Office in the past month, and we will not vote by a show of hands, and if we agree, we will sign our names......" Shen Huai handed a stack of plans to He Qingshe first.
He Qingshe took the plan, and Shen Huai explained that it took nearly two hours to open the plan, and he didn't need to open it to read it carefully. He glanced at Guo Quan and thought: You guy, but Tiexin left with Shen Huai, this thing has been done for a month, and there is no wind leakage at all.
He Qingshe thought that he should be angry, but he really couldn't get angry, knowing that Shen Huai or Guo Quan had talked to him in advance, he would probably try to persuade Shen Huai to give up this plan.
Ziluo Jiasha is better to say, after all, the scale is small, and the town only took out four million assets, mainly land and factory shares. Meixi Iron and Steel Plant is a key scale enterprise that the municipal government is eyeing and must be approved by the city for equity restructuring. Again, letting the management hold shares is equivalent to letting the management be the boss of the factory and the capitalist, and if this is to be spread, how much gossip and scolding will it cause in the society this year?
Thinking about it again, the reason why Meixi Town and Meixi Iron and Steel Plant have been able to make earth-shaking changes in the past six months is inseparable from Shen Huai's fierce courage to rush forward.
There are always factors for the emergence of miracles, without Shen Huai's drastic rectification of the steel mill, where is it possible for the steel mill to take off so fast and so high in half a year?
He Qingshe thought to himself that even if he didn't have Shen Huai's vision and ability, he should have the courage to follow and support. Thinking so, He Qingshe took out a pen from his coat pocket, signed his name behind several proposals, and handed it to Li Feng, who was sitting on Shen Huai's left.
Li Feng also knew that after signing, if he poked out any principled issues, the responsibility would have to be borne by everyone present, so after hesitating for a while, he still signed it.
Looking at the members of the party committee and Wang Kangsheng, Qian Wenhui, Xu Xiting and others, one by one signed the back of the plan, Shen Huai said to He Qingshe: "The equity restructuring is mainly responsible for Qian Wenhui and Guo Quan, if it goes well, the expansion of the steel mill can be completed before August." After that, the Jianggang terminal project will be launched. It was left for us to do the preliminary work, and it was less than four months. Over there at the steel mill, Zhao Dong will be in charge of this project, and you will be watching the town?"
After internal discussions, Hetang Town agreed to assign the two villages of Lishe and Caijiaqiao to Meixi Town, so that Meixi Town could have riverbank resources and facilitate the iron and steel plant to build a Jianggang wharf in Lishe Village, and the condition was that Meixi Iron and Steel Plant would build a high-grade highway on the new boundary between the two towns, so that the two towns could plan industrial parks on both sides of the highway at the same time.
Whether it is the adjustment of the administrative area of the two towns, or the Jianggang wharf project, or the planning of a large-scale industrial park, it is not a private transaction between the two towns.
These things need to be discussed and approved by the district standing committee meeting and then reported to the municipal government for approval, and a series of procedures can be completed without being so simple. In addition, the design institute was asked to complete the survey, design and review of the wharf project, and the four-month preparation time was really tight.
Shen Huai communicated with Yuan Hongjun that the adjustment of the administrative area was mainly based on Hetang Town, and an application was submitted to the district. Yuan Hongjun will go to the district today to report this matter to Yang Yuquan and Pan Shihua, and first test the meaning of the district.
Of course, if you really want to enter the cāo period, either Shen Huai or He Qingshe, there must be someone to keep an eye on this matter, Shen Huai doesn't want to have no free time at all, and wants He Qingshe to catch this matter.
He Qingshe nodded, contracted this matter, and thought: Shen Huai's pace is really big, the equipment transformation of the steel plant and the expansion of power will require an investment of 30 million, and if the Jianggang Wharf starts construction this year, add a two-kilometer long road, and take another 30 million out, I am afraid it will not be enough.
However, these are okay, with Meixi Iron and Steel Plant as the main body, the reconstruction and widening of Meixi Bridge and Xiamei Highway will be mainly carried out by the town government.
He Qingshe thought to himself that at Shen Huai's speed, as soon as the equity restructuring of the steel mill passed, he would promote the reconstruction of the Meixi Bridge, but how to fill the gap of 20 or 30 million funds for the road and bridge project?
Everyone signed, and the proposal was handed back to Shen Huai, he glanced at it, and said: "After the plan is submitted in the next two days, I hope you don't talk too much about it......
He Qingshe understands Shen Huai's worries, after all, this restructuring has taken too big a step, and naturally it also contains great policy risks. Once it attracts widespread attention and controversy in the society, even Tan Qiping may not be able to withstand the pressure.
If you don't want to be stillborn in this restructuring, the best way is to bury your head in things and avoid unnecessary controversy.
Shen Huai threw the proposal for the resolution to Guo Quan, and announced the end of the meeting.
The restructuring materials need to be further prepared, and the management will hold 10% of the shares this time. However, Jiang Kangsheng, Qian Wenhui, Xu Xiting, and others, where do they have millions of funds to hold equity? This has to be negotiated with the Yexin Bank, and the Yexin Bank is required to agree to provide equity mortgage loans.
After these tasks are prepared one after another, Shen Huai will report to the relevant departments of the district and city at the appropriate time, and simply complete the restructuring neatly, so as to avoid causing major controversy.
After the meeting, Shen Huai asked Zhao Dong to the office and asked him: "Xu Xiting and Wang Kangsheng are only willing to hold five thousandths of the equity;
"I'm not afraid to bite if there are more lice, others are millionaires, and I'm considered to be, but it's a negative 'negative'," Zhao Dong pulled a chair and sat down in front of Shen Huai, "Are you really not going to hold shares?"
"I told you this, in China, there is no good thing to be an official and make a fortune, and only by not benefiting can I be confident and promote the reform forward. If I'm too selfish, my confidence won't be strong enough. Shen Huai said.
"Looking at what Mayor He and Secretary Li mean, it is estimated that they will also invest money in. Zhao Dong said.
"Their edges are not as fierce as mine, so they are not hated. One step further, Lao He and Lao Li are both in their forties. Now advocating the younger cadres, they will go up, they will stop in the district and county deputy positions, they take money to invest in the steel mill, at this time to support the development of the steel mill, the future development of the steel mill, they take this equity as a pension, and they are not afraid of others to say irresponsible things. Even if someone is entangled, they don't have a big deal to do with this official, and there is nothing to be sorry for," Shen Huai laughed at himself, "I can't do it, I'm addicted to officials." ”
"......" Zhao Dong smiled.