Chapter 608: Time is Ticking

Chapter 608 Time is pressing

Is Fang Mingyuan really not interested in Qinxi Rolling Equipment Factory at all? In fact, this is not the case at all. In reality, it is true that as Fang Mingyuan said, the factory, equipment, and production process of Qinxi Rolling Equipment Factory have fallen behind, not to mention compared with the international level, even compared with domestic manufacturers of the same type, it is also obviously backward. In fact, the only ones who are really valuable are those old workers who have been working for more than ten years or decades. But in today's China, people are the least valuable, a large number of state-owned enterprise workers are facing the problem of laid-off reemployment, and Qinxi Province is a large industrial province, but also a large province of military enterprises, this skilled workers, to say ugly, is a big handful, if Fang Mingyuan wants to recruit workers, there is no need to bother with ordinary workers.

However, Qinxi Calendering Equipment Factory has a completely different meaning for Fang Mingyuan. In the first and second generations of the Fang family, except for the second uncle, the rest of the people can be said to have come out of the Qinxi Rolling Equipment Factory, where they have their former colleagues, friends and many memories. Although his parents and grandfather didn't mention it much, Fang Mingyuan knew that they had deep feelings for Qinxi Rolling Equipment Factory.

The acquisition of Qinxi Rolling Equipment Factory, on the one hand, can satisfy the feelings of grandfather and parents, and on the other hand, it can also be used to step into the steel industry in China, which is Fang Mingyuan's original goal. As for whether the factory, equipment and production technology of Qinxi Rolling Equipment Factory are advanced or not, it is not important. But these words can only be hidden in the heart, and cannot be said to the outside world, many people in the Chinese officialdom, hehe, it is not too much to give them a plaque of "three feet high".

If Fang Mingyuan dares to admit that he is very interested in Qinxi Rolling Equipment Factory, a factory on the verge of bankruptcy, they dare to ask you to pay hundreds of millions of yuan as a big wrongdoer. Of course, if Fang Mingyuan is as greedy as those second and third generations of officials, he can also get Qinxi Rolling Equipment Factory without a penny. Of course, there will be a lot of hidden dangers in the future, and Fang Mingyuan disdains to do that.

Li Dongxing and Lu Liang said a few words from it, and Fang Mingyuan should also follow the steps to listen to the opinions of the Provincial Machinery Industry Department.

The meaning of the Provincial Machinery Industry Department is very long, and it is very short, and it is very long that they actually issued a draft agreement for the transfer of shares, which is full of seven or eight articles. The core meaning is that the Provincial Machinery Industry Department intends to sell up to 49% of the shares of Qinxi Rolling Equipment Factory, and these shares, the opening price of the Provincial Machinery Industry Department, is 110 million yuan

To tell the truth, Fang Mingyuan almost gave Qi Le at that time, and I don't know which leader of the Provincial Machinery Industry Department instructed him, and he really took Qinxi Rolling Equipment Factory as a piece of fragrant bread, 49 percent of the shares, which is worth 110 million yuan, doesn't that mean that in their eyes, Qinxi Rolling Equipment Factory is worth at least 200 million yuan? 200 million yuan, Qinxi Rolling Equipment Factory is now smashing pots and selling iron is worth one-tenth of this money, it is difficult to say

Li Dongxing and Lu Liang were also stupid at the time, and they didn't expect that the Provincial Machinery Industry Department would come up with such a fucking cooperation draft. Although the two of them do not know much about the details of Qinxi Rolling Equipment Factory, after all, it is a provincial enterprise, but for the general situation of Qinxi Rolling Equipment Factory, the two have worked in Pingchuan for many years, and they also know a little. The economic benefits of Qinxi rolling equipment factory have been not good, since the late eighties have been loss, although in recent years, a little sè, but that is not because of the factors of Qinxi rolling equipment factory itself, but due to the improvement of the general environment in Pingchuan County. Forty-nine percent of the shares of such an enterprise dared to open their mouths to ask for 110 million yuan, and they could only say that the leaders of the Machinery Industry Department were kissed by donkeys

It is true that the Fang family is rich, but for the sake of such a factory, Huā 100 million yuan takes 49 percent of the shares, what is this? Do you take the Fang family as the main culprit? I knew that it was the cooperation draft of the Provincial Machinery Industry Department, so they didn't care.

Wu Qiangxu saw that Li Dongxing and Lu Liang's faces were a little wrong, and he also felt that with the current situation of the Qinxi Rolling Equipment Factory, let alone selling 49% of the shares for 100 million yuan, it would be a sale of the entire factory, and if he could get back 100 million yuan, it would be thankful. However, this is what Mei Yuanze, Secretary of the Party Committee of the Provincial Machinery Industry Department, means, that the Fang family leases the right to use the Fengtong Railway and pays more than 100 million yuan to the Fengyuan Railway Bureau every year, which is not a secret in the high-level of Qinxi Province. And everyone also knows that the Fengtong Railway has not made a penny in the Fengyuan Railway Bureau in the past ten years, and it always has to be subsidized by the Railway Bureau.

Therefore, Mei Yuanze believes that since the Fang family has been trying to acquire Qinxi Rolling Equipment Factory, then it is nothing to give them some shares of Qinxi Rolling Equipment Factory, the reform and opening up policy has been implemented for so many years, and the merger and acquisition of state-owned enterprises by Sī enterprises in the southeast coastal area is not a new thing, since Qinxi Rolling Equipment Factory is mud can not support the wall, and it is insolvent, then it is a good result to transfer to the Fang family and recover a sum of money.

Looking at the favorable conditions given by the Fang family to the Fengyuan Railway Bureau, Mei Yuanze believes that since the Fang family is so interested in this Qinxi rolling equipment factory, it is better to open a high price, in this case, it is also a good political achievement. And considering that there are few industries under the name of the Fang family that do not make money, Mei Yuanze feels that it is not appropriate to transfer the Qinxi Rolling Equipment Factory to the Fang family in its entirety.

"Director Wu, I have a few questions, and I hope Director Wu can answer them truthfully. Fang Mingyuan put down the draft in his hand and said, "I don't want to mention how much assets Qinxi Rolling Equipment Factory has now, but how much are its liabilities? If I buy this 49% of the shares, do I still need to bear this debt?"

Wu Qiangxu hesitated for a moment and said: "I don't know the specific amount of debt, but if the Fang family becomes a shareholder of Qinxi Rolling Equipment Factory, the factory's debts will naturally be shared proportionally." In fact, he knew very well in his heart that Qinxi Rolling Equipment Factory was said to have a debt of 40 million yuan last year, and it will definitely only rise and not fall this year.

"Then after the shareholding is acquired, how will the positions of chairman, general manager, and financial director of the factory be distributed, and what will happen to the members of the original party committee of the factory?" Fang Mingyuan then asked. The reason why Qinxi Calendering Equipment Factory has fallen to this point today is that the former members of the party committee of the factory bear an unshirkable responsibility. They not only frequently interfered in the business activities of the Qinxi Rolling Equipment Factory, but also vigorously expanded the membership of the party committee. There are more than 230 employees in the party committee department of Qinxi Rolling Equipment Factory, accounting for 78 percent of the total number of employees, and if you count the employees of the department in the factory of Qinxi Rolling Equipment Factory, this number has reached nearly 178 percent of the total number of employees, that is to say, nearly one-fifth of the employees are non-front-line workers and sit in the office.

"Fang Shao, of course the members of the factory party committee must be retained, you don't forget, this is still a state-owned enterprise, and the leadership of the party committee is indispensable" Wu Qiangxu frowned and said, "The deputy director of the factory can be recommended by you to serve as a person." ”

Fang Mingyuan was so angry this time that he didn't bother to say anything more, the Provincial Machinery Industry Department really thought that the Fang family was wronged, and the lion opened his mouth here. Investing 110 million yuan to buy a factory that may already be insolvent can only get 49 percent of the shares, and still have to bear the debts of the factory, and still have to retain the cadres of the factory, even if a deputy director is dispatched, what role can he play in the factory when neither the party secretary nor the factory director are his own people?

"Since this is the case, Director Wu, Secretary Li, and County Magistrate Lu, our family needs time to consider this matter, if we are interested, we will naturally talk to the Provincial Machinery Industry Department in detail in the future. Before Fang Mingyuan's words fell, these people present understood that the Fang family had already tactfully rejected the proposal of the Provincial Machinery Industry Department.

Wu Qiangxu wanted to say something more, but Fang Mingyuan had completely stopped giving him a chance, and immediately turned the topic to how to relieve the families of the workers of Qinxi Rolling Equipment Factory who were killed and injured in this accident.

After sending Li Dongxing and his party away, Fang Mingyuan returned to his study and continued to look through the information about Khodorkovsky. I was thinking about how I could get the most out of the transfer of Yukosky Oil.

The current Russian government, which can be said to be heavily indebted and has a rising fiscal deficit, will implement economic transformation in order to change this predicament. That is, the state borrowed money from the Russian bank with the state-owned shares of oil and metallurgical enterprises as collateral. This undoubtedly provides a godsend for the primitive capital accumulation of Russia's emerging chaebols. Because in the transfer of shares, the state-owned shares are sold at a much lower value than the actual value.

For example, Menajet Bank, controlled by Hordokovsky, bought nearly 80 percent of the Yukoski oil company at a low price of more than $300 million. Two years later, the market value of Yukosky Oil Company soared to nearly $10 billion, and Khodorkovsky became rich overnight.

He was in a similar situation with a small number of nouveau riche who embezzled state-owned assets through illegal means, and they later formed the eight chaebols that monopolized the lifeblood of the Russian economy. They basically control the country's oil and gas, power, metallurgical enterprises, and financial industries. Become a shijie emerging tycoon.

"This year is ninety-three, and if I remember correctly, Khodorkovsky's arrest should have been in 2004 or 05, that is, almost ten years. Fang Mingyuan was writing and scratching on the paper while thinking in his heart.

At that time, the Russian government sentenced Khodorkovsky to eight years in prison on charges of "fraud and infringement of property rights, malicious disobedience of court orders, personal tax evasion, and conspiracy to steal state property", and in 2010, that is, before Fang Mingyuan died, news came from Russia that the Russian court planned to add Khodorkovsky's sentence to eight years in prison for "stealing crude oil and laundering money through criminal channels", which means that Khodorkovsky will be released from prison until he is nearly 60 years old. At that time, Putin was not only re-elected as president, but also as prime minister for at least one term.

In fact, these charges are just for the world to see. The real reason for Hordokovsky's imprisonment is that he is challenging Putin's authority. He did not realize that Putin was completely different from Yeltsin's administration.

It is said at a tea party in the Kremlin. The new president, Vladimir Putin, convened a meeting of a group of Russian oligarchs who, during the Yeltsin era, effectively manipulated the power of the country, and Putin decided to put an end to it. The deal was simple, Putin told them not to interfere in politics, and the government would not hold them accountable for their sin in the 90s. And Khodorkovsky, they didn't bother with Putin at all. Putin is furious about this.

Later, Hordokovsky planned to transfer 40 percent of the shares of the Yukosky Oil Company to the US oil consortium, and through the transaction, he would realize the real estate owned by the Yukosky Oil Company, such as oil wells and infrastructure, and obtain huge sums of money from abroad, so as to become a real billionaire sitting on hundreds of millions of cash in the West.

This act angered Putin even more, and in Putin's view, Khodorkovsky's behavior was not selling the shares of Yukosky Oil Company, but selling Russia. At that time, the oil production of the Yukosky Oil Company was close to one-third of Russia's total oil production, and the reason why the Russian government's financial situation improved at that time was largely due to the rise in international crude oil prices, and oil exports and taxes from the oil industry accounted for 30 to 40 percent of the Russian government's fiscal revenue. Many experts believe that in this day and age, if you can control 10 percent of the country's finances, then its influence will be enough to radiate the whole country.

Therefore, in Putin's view, the sale of Yukosky oil means transferring the financial control of the state to foreign companies, so that the US consortium that controls Yukosky oil can exert the most powerful lever to exert pressure on the Russian government. This has a bearing not only on the success or failure of Putin's reforms and the survival of Putin's regime, but also on the future and destiny of the Russian state. So the unlucky Comrade Khodorkovsky will only be imprisoned. Yukosky Oil was also later spun off.

Fang Mingyuan doesn't think that he can change Putin's future rule in Russia against the world, so he can only try his best to seize time before Putin takes power