On the most important issue of employee placement, the district gave two plans, one is that the district in the transfer of enterprise equity at the same time, with the transfer of funds to compensate employees, this plan was willing to participate in the restructuring of the second agricultural machinery factory management rejected, because in this way, it means that they have to come up with 20 million, in order to obtain the equity of the second agricultural machinery factory in the district, if you take less, get less shares.

The second plan was also put forward by the district, that is, according to the standard of 20,000 yuan per contract worker, according to the corresponding increase or decrease according to the length of service, and then directly converted the corresponding shares, that is, 8 million shares, according to the net assets corresponding to 20 million shares, employees accounted for 8 million shares, and there were 12 million left in the district.

According to this plan, the management will take out 12 million to buy the shares held by the district, and the remaining 7 million shares will be in the hands of banks and creditors, and 8 million will be in the hands of employees, and their shares will be less than half of the total shares, and they will not be able to control them.

The management of the No. 2 Agricultural Machinery Factory put forward another plan, that is, according to the old method, the No. 2 Agricultural Machinery Factory undertook the employee placement work and deducted the corresponding net assets. In other words, the management still needs to pay 12 million to get 20 million shares corresponding to the net assets. It is equivalent to converting the cost of employee placement into corporate debt, and then directly deducting net assets, and adjusting the net assets of the enterprise to 12 million.

Bao Feiyang did not agree to this plan, the problem of this plan is very big, the second agricultural machinery factory can not come up with more than 10 million compensation to employees, even if Bao Feiyang agrees, the employees in the factory will not believe it, and the employee problem is the biggest hidden danger in the process of enterprise restructuring, once it is not handled well, it is likely to appear petitions and other mass incidents.

Bao Feiyang's attitude is very clear, enterprise restructuring, in order to make the enterprise get a new life, get rid of the previous burden, the country and the collective must make sacrifices, the value of the enterprise wants to be fully realized, it is very difficult, especially in the case of a large number of enterprises need to be restructured in a short period of time, even if Bao Feiyang has launched all the resources, it is difficult to fully market the thousands of large and small enterprises, and realize the value of the enterprise through competition.

The situation of the second agricultural machinery factory is relatively good, Haizhou Agricultural Machinery Company and a Korean-funded machinery company are interested in participating in the shareholding transformation of the second agricultural machinery factory, and the policy of the district is that under the condition of close conditions, the restructuring of the enterprise is given priority to the management.

However, the situation of the second agricultural machinery factory is that the scale of the factory is relatively large, the management can not take out the corresponding funds, in the case of the factory assets have been deducted accordingly, there are still relatively large obstacles in the placement of employees, in this case, Bao Feiyang decisively let Haizhou Agricultural Machinery Company and South Korean-funded machinery company participate in the restructuring competition, and as far as possible to promote the cooperation of the three parties.

In the case of competition, the idea of the management of the No. 2 Agricultural Machinery Plant to reduce the scale of net assets naturally did not work, and finally under the coordination of the district government, a multi-party joint venture agreement was reached. Among them, the Korean-funded machinery company directly invested 20 million yuan, obtained 40 percent of the company's shares, part of the debt to equity, and finally accounted for 10 percent of the shares, Haizhou Agricultural Machinery Company, Pujiang Agricultural Machinery Group also invested in the shares, accounting for 10 percent of the shares, in addition to the management of the shares of 10 percent, employees hold 5 percent of the shares, and the district also holds more than 10 percent of the shares......

Through the restructuring, the Huixun District Government directly recorded more than 30 million funds, in addition to taking out several million funds for staff placement, the harvest is much more than the original plan.

Although the management of the No. 2 Agricultural Machinery Factory is very unwilling, it is obvious that they cannot come up with matching conditions, and the conditions they can provide are much worse than the current plan. However, the district still affirmed their contribution to the No. 2 Agricultural Machinery Factory, gave a part of the dry shares, and they also took some money to obtain 10% of the shares of the new company after the restructuring.

On the surface, the price of the second joint-stock transformation of the second agricultural machinery plant is more than double the net assets, in fact, the district has also promised a series of tax reductions, land rent reductions, debt deductions, employee placement, and also took over part of the burden of the relatively large tertiary industry, etc., in fact, this part of the premium, or a series of preferential policies to give return and reduction, in addition to the promise will be set aside a new place, in accordance with the preferential policies to provide agricultural machinery two factories to build a new plant.

However, through such operations, the government has obtained valuable funds, and the enterprise has straightened out the property rights and labor relations, reduced the burden, deducted bad debts, and discarded most of the non-performing assets, laying a good foundation for the next stage of development of the enterprise.

In the restructuring work, the fastest progress is basically some joint ventures and the introduction of external capital joint-stock reform projects, the basic situation of these enterprises is not bad, but because of some historical reasons, resulting in problems in the operation and efficiency of enterprises, the introduction of foreign capital and enterprises to cooperate, stripping off part of the bad assets, straightening out property rights and labor relations, the development prospects of these enterprises are still optimistic.

It is precisely because the conditions of these enterprises are better that they are more likely to be favored by capital, and it is easier to reach an agreement on investment and joint ventures. However, it is more difficult for some enterprises with relatively poor operating conditions to promote the restructuring work, because according to the new methods in the district, the cost of obtaining shares in the restructured enterprises is obviously higher than expected.

Bao Feiyang is not in a hurry, there are so many enterprises in the district, it is unrealistic to come up with a reasonable plan at once, and quickly promote the restructuring, once it is urgent, many things are easy to ignore, and it is easy to have problems.

According to Bao Feiyang's idea, the restructuring work of all enterprises must be strictly demanded, and the conditions are sufficient to change one by one, and if the conditions are not sufficient, then it cannot be rushed forward.

Of course, Bao Feiyang's energy is limited, and it is impossible for every enterprise to be involved in the restructuring, what he has to do is to focus on the key points and the main contradictions.

In addition to grasping some key projects, as an example to drive the overall progress of the restructuring work, the District Commission for Discipline Inspection and the District Supervision Bureau are also focusing on the restructuring work, special supervision, just in the first batch of restructuring enterprises have signed restructuring agreements, announced the restructuring plan, the restructuring work has been smoothly promoted at the same time, the District Commission for Discipline Inspection and the District Supervision Bureau have also found out the problems existing in some enterprises, and soon the management of several enterprises was shuanggui.

For the second agricultural machinery factory that can also operate the enterprise, on the basis of the investigation of the enterprise, the district will fully consider the contribution of the enterprise management to the development of the enterprise, and give priority to the use of management buyout of the shareholding system transformation, even if the management because of limited financial strength, can not directly acquire the shares of the enterprise, the district has also adopted the corresponding policy tilt, share awards, options, installment payment, financing support and other ways to support. In addition to the second agricultural machinery factory because of the large scale of capital, the joint venture plan was adopted, in the first batch of restructuring enterprises, there are indeed several enterprises that have adopted the shareholding system transformation of management buyout.

Xundong Plastic Factory in Huixun District is a township enterprise, the situation of this enterprise is somewhat special, it is a "red hat" enterprise, the so-called red hat enterprise, that is, in the early stage of reform and opening up, some self-employed and private owners will do the enterprise up, break through the policy restrictions at that time, or worry about policy changes, in order to protect themselves, so attached to the collective organization, on their head to wear a collective enterprise hat, equivalent to wearing a red hat, more than an umbrella.

Regarding the problem of red hat enterprises, Bao Feiyang's attitude is very clear, that is, it is well-documented and the evidence is conclusive, and history must be fully respected. Comprehensively consider the individual and collective investment in the process of enterprise initiation and development, and divide the existing assets and shares. If the enterprise has a red hat, but in the process of creation and development, the government does not have any investment, and the enterprise does not operate with the help of the red hat, then the enterprise is a private enterprise.

Of course, it is also very difficult for a red hat enterprise to do this, even if the enterprise was an individual or a private enterprise at the beginning, but in that special era, when the enterprise wore a red hat, how could it not be operated without the name of the red hat? For this kind of enterprise, the district also dealt with different situations in a targeted manner, and determined the shares collectively held by the group according to the amount of government investment and the role played by the red hat, usually between 10 and 50 percent.

It is difficult to define the assets of red hat enterprises, and some business owners do not understand that some of the property rights of their enterprises are to be taken away by the government, and even make trouble with the district government, and threaten to petition.

Bao Feiyang gathered these people together and said to them: "Whether the red hat is useful or not, everyone should know better than me. Without this red hat, many businesses would not exist and would not have developed. Although this is due to special historical reasons, we must respect history. At that special historical stage, because of this red hat, your enterprise has developed, so it is very reasonable for you to pay a certain price for this. Because you have received the convenience of red hats, there are still many people who have not gotten it, and this part of the assets is given to the government, and the government takes it from the people and will use it for the people, which is equivalent to compensation for everyone......"

Bao Feiyang said: "The red hat not only gives everyone the opportunity to solve the problem of the existence of the enterprise, but also brings great convenience to the development of the enterprise, such as the procurement of machinery and raw materials......

"You are all single-handedly to achieve today's enterprise, you should be very clear about the situation in those years, everyone with vested interests, because of the red hat to redistribute the income, it is also due!"