Chapter 208: Industrial Empire (3)

State-owned companies in the three heavy industry manufacturing industries, namely, automobile factories, industrial equipment manufacturing companies, and shipyards, will be acquired and reorganized by Xinyuan Heavy Industries.

In fact, in the 90s, for the industry, there were state-owned companies in every industry, such as automobiles, textiles, steel, pharmaceuticals, minerals, industrial production, etc., which industry and state-owned capital did not enter, and they were there in every industry.

After 2000, only state-owned automobile companies in Chongqing, Fujian, Guangzhou, Tianjin, Northeast China, Beijing, Shanghai, Hubei and other provinces or regions existed, and the automobile companies in other places were either acquired and reorganized by state-owned car companies such as Great Wall, Dongfeng, FAW, SAIC or private enterprises such as Geely.

Even the three state-owned automobile factories such as Yunnan Bus Company, Yunnan Travel Vehicle Company, and Hunan Bus Company were acquired by the United States, but in this life, they will belong to Liu Si.

To tell the truth, at present, most of the domestic factories, whether it is light industry, heavy industry or other industries, their production facilities and equipment are one or two grades behind the world, Liu Si actually looks down on these industrial companies or factories, but now talent is king, and the acquisition of these companies is the acquisition of talents in these companies.

Of course, it is undeniable that state-owned car companies, even as long as they are state-owned enterprises, are inevitably stuck to the problems of the system, bloated institutions, underground operating capacity, low market responsiveness, and so on. Therefore, no matter whether it is a company that is acquired, Liu Si will ask an accounting firm to check the accounts, and as long as there is corruption or other corruption, he will be dismissed. Of course, if there is no corruption in the enterprise, Liu Si will not be able to dismiss employees for no reason, as for the bloated organization, Liu Si, who aims to be on the world automobile map, never thinks that talents are redundant.

Yunnan Bus Factory was founded in March 1969, is the Ministry of Communications highway bus designated production plant, is a state-owned second-class industrial enterprises, is located in the beautiful scenery, charming environment of the spring city - Kunming City, Yunnan Province. There are 1,065 employees in the factory, including 701 employees. Among the employees, 105 have college degree or above, and 52 have technical secondary school education, accounting for 22.4% of the total number of employees; There are 179 professional and technical personnel, accounting for 25.5% of the total number of employees. Among the various professional and technical personnel, there are 62 engineering and technical personnel, including 2 senior engineers, 22 engineers, 20 assistant engineers and 19 technicians.

The company covers an area of 980,000 square meters, and the factory covers an area of 240,000 square meters. The original value of fixed assets is 36.65 million yuan, and there are more than 600 sets of various professional equipment. There are 3 large and medium-sized bus production lines, two light bus production lines, two fuel-type low-temperature paint rooms, new product development and trial production workshops, parts workshops, phosphating workshops, assembly workshops, automatic bus special safety testing lines and bus renovation and decoration branches, with an annual production capacity of 1,000 buses of various types and independent production capacity for new product development and design, trial production, batch on-line production capacity. Yunnan Bus Factory has a separation gate branch (to undertake the construction of various highway facilities) and a repair branch.

The company has a certain strength in the development and manufacturing of buses. Yunnan Bus Factory products using the national stereotyped bus special chassis, body manufacturing using new technologies, new materials, new technology, has reached the domestic industry advanced level, with good dynamics, passability, comfort. With beautiful body shape, reliable structure, flexible operation, fuel-saving and lightweight, it has won the "Golden Cup Award" and "Excellent Exhibits Award" at the Ministry of Communications Exhibition, and the "Gold Award" at the Yunnan Provincial Science and Technology Achievement New Technology Product Fair. Yunnan Bus Factory also undertakes the manufacture and modification of various types of engineering vehicles and special vehicles, and undertakes various types of passenger car repairs, car changes and modified sleeper cars and other services. Warmly welcome you to use the "Yingke" brand series of buses.

At the end of the last century, with the gradual shrinking of the profit margin of household appliances, many Chinese household electrical appliance enterprises took precautions and penetrated the "position" into the automobile manufacturing industry. Not only Gree, Changhong, Midea, at the end of the 90s of the last century, Chunlan Group officially set foot in the automobile industry through the acquisition and merger of Nanjing Dongfeng Special Purpose Vehicle Manufacturing Plant. In just a few years, automobile manufacturing accounted for one-third of Chunlan's entire industrial profits.

Nanjing Dongfeng Special Purpose Vehicle Manufacturing Factory, formerly known as Dongfeng Motor Company Trunk Factory, was founded in 1969. Nanjing Dongfeng Special Purpose Vehicle Manufacturing Factory has more than 130 varieties of Dongfeng series special vehicles listed in the national product announcement, and the products are finalized in line with national standards. Dongfeng van trucks, variable capacity trucks, stake trucks, postal vehicles, insulated vehicles, refrigerated trucks, grain trucks, coal trucks, concrete mixer trucks, bulk cement trucks, sanitation trucks, flatbed dump trucks, engineering dump trucks and other wide series of products are sold throughout the country and exported to the Americas, Africa, Southeast Asia and other regions. With its beautiful shape, novel structure, reasonable price, excellent quality and excellent service, the products are highly praised and favored by users. The products have passed the ISO14001:1996 environmental management system certification and ISO9001 quality management system certification.

Nanjing Dongfeng Special Purpose Vehicle Manufacturing Plant is a wholly-owned subsidiary of Dongfeng Motor Co., Ltd. It is the R&D and production base of Dongfeng commercial vehicle standard boxes, dump trucks, stake trucks, vans and special military vehicles, with a history of more than 200,000 commercial vehicle bodywork production in the past 30 years. The company has nearly 1,000 employees, a registered capital of 5,000 yuan, covers an area of 150,000 square meters, a plant area of 90,000 square meters, complete production technology, with more than 600 sets of pickling, stamping, rolling, welding, painting, assembly, machining and other equipment, and a comprehensive capacity of more than 3,000 vehicles for various modifications throughout the year. In addition to the production of special vehicles, our company also has the manufacturing capacity of saddles, non-compartment parts, compartment spare parts, cab parts and other parts, among which the saddle has become the standard configuration of Dongfeng tractors, with a monthly output of more than 200 units.

Shipyards will also buy in China, but most of them need to buy shipyards abroad. Why? In addition to the facilities and equipment, foreign shipyards are more advanced, and the concept and management ability of foreign shipbuilding are more in line with the development of the world. The reason why after the global financial crisis, nearly 200 large shipyards in China closed down one after another, is because these domestic shipyards have big problems in management concepts and production and operation.

When an economic crisis occurs, the economy is in recession, shipowners abandon ships, orders are scarce, and shipyards cannot survive. Why? Because he will not diversify his business, most shipyards operate the most important type of production ship is freighter, in passenger ferries, yachts and other aspects of the research is not enough, in addition to technical reasons, their own management, management concept limits them.

There are many shipyards that need to be sold in foreign countries at the same time, especially the 15 shipyards under the Bethlehem Iron and Steel Company are interested in selling. And Liu Si is also very interested in Bethlehem Steel Company, after all, Bethlehem Steel Company is the second largest steel company in the United States. The company's predecessor, Saucona Iron and Steel Company, was founded in 1857 in southern Bethlehem, renamed Bethlehem Iron and Steel Company in 1861, and formed in 1904 by the merger of Bethlehem Iron and Steel Company, United Iron Works and several other smaller companies. The main founder was Charles Schwab. In the first decades of its existence, the company, headquartered in Bethlehem, Pennsylvania, produced coal, iron ore and steel. During World War I, the annual steelmaking capacity reached 1.1 million tons, and in 1925 it reached 8.5 million tons. During the Second World War, the company switched entirely to the production of steel plates, and 1,127 ships were built at its 15 shipyards. In 1958, the annual steelmaking capacity reached 23 million tons. In 1982, the company lost $1.5 billion, which led to the termination of steelmaking production at the Lakwana plant, the closure and sale of a number of rolling mills and shipyards, and the number of employees halved. At present, the capital investment of shareholders has reached 1,238.3 million US dollars, and the number of employees in the steel production part is 18,300. The annual production capacity of crude steel is 10.43 million tons. In recent decades, it has diversified into the fields of plastics, chemical products and non-ferrous metal ores.

The Company has established a Review Committee, an Executive Committee, a Compensation Committee, a Finance Committee and a Board Committee. The company's enterprises are divided into two main parts: steel production and non-steel production. The company's steel production subsidiaries include the Sparrow Point Plant, the Port Burns Plant, the Bethlehem Plant and the Stilton Plant, as well as the Bethlehem Construction Profile Plant, Pennsylvania Steel Technology Company, and the Iron Ore and Coal Production Division. The company's 33 sales agencies and foreign sales agencies carry out product sales, and exports account for about 5% of its product shipments. 98% of net sales came from the steel production segment.

In order to improve its financial position and increase its share value, Bethlehem Steel implemented a comprehensive restructuring plan, including the sale and closure of its unprofitable business in 1996 and the improvement of the competitiveness of crude steel production at the Port Burns and Sparrow Point plants.

For Bethlehem Iron and Steel Company, the most important thing is the research and development capabilities of its large companies, especially for the low-grade iron ore smelting technology, Liu Sicai intends to acquire Bethlehem Iron and Steel Company. However, these are too far away, and Liu Si has not yet completed the restructuring of state-owned assets in China.

Liu Si didn't want such a thing to happen to his shipyard. However, the possibility of this is very low, because Liu Si does not plan to set up a large-scale shipyard, and it is OK to produce 100 ships of various types per year. The soon-to-be-established Xinyuan Shipping will be handed over to the shipyard of Xinyuan Heavy Industry every year, which is enough to feed.

The industrial equipment production company was pushed to the market by the State-owned Assets Supervision and Administration Commission and the provincial capital management commission, and Liu Si got nearly 2,000 pages of information from Hu Shao, and an A4 paper introduced the two companies, including the current situation, business and production scope and other information.

Liu Si looked at the headache and put it down. This kind of work should be done by professionals. For the establishment of the domestic industry, Liu Shengqiang helped Liu Sirang Hong Kong headhunting companies to hire more than 200 professional appraisal and professional negotiation and acquisition teams in Hong Kong. If the contracted accounting firms and law firms are included, more than 3,000 people will come to the mainland from Hong Kong to help Liu Si acquire and reorganize domestic companies. These 3,000 people are considered elites, thanks to the Quantum Fund and the Tiger Fund to burn the flames of the Asian financial crisis to Hong Kong, Hong Kong, which has lost a lot of money in bankruptcy, and no less than 400 small and medium-sized enterprises that have gone bankrupt and collapsed.

Many of the 3,000 elites are professional managers and former entrepreneurs recruited from bankrupt enterprises in the financial crisis, and their task is to help the acquired state-owned enterprises quickly streamline their management in the early stage and establish an advanced management system.

In order to truly achieve the goal, the elite of 3,000 people is divided into accountants, lawyers, appraisers, and professional managers...... A total of 218 teams are included.

If not subdivided, according to the current classification of Liu Si's enterprises participating in the acquisition of state-owned enterprises, they are mainly divided into Xinyuan Iron and Steel, Xinyuan Heavy Industry, Xinyuan Minerals, Vantage Holdings, Xinyuan Pharmaceutical, Xinyuan Grain and Oil, Xinyuan Shipping, Xinyuan Warehousing, Xinyuan Building Materials, Xinyuan Energy, Xinyuan Textile, Xinyuan Construction, Xinyuan Real Estate, New World Department Store, Xinyuan Chemical...... More than 10 main teams.

In fact, there is still a big loophole in the Xinyuan system or Liu's enterprise system, that is, the financial industry. However, it is impossible for domestic finance to open up now, especially in terms of banks, so the only way to improve the key link in the Liu family's industrial chain is to acquire licensed banks in Hong Kong and abroad.