Chapter 116: Unintended Consequences

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Or search on Baidu: Sanlian Literature Network] The boss of Great Aim is definitely a character, and the most important manifestation is that he can often chat with central leaders.

He has quite a few photos, and some central leaders are happily posing with his family with his daughter in their arms.

At the end of each year, the general manager of the company from all over the country comes to Beijing to report on the work, he will charter the central leadership to meet with foreign guests in the Diaoyutai State Guesthouse building, the general managers must verify the registration when they come in, each person reports for no more than 15 minutes, the atmosphere is both relaxed and solemn, very awe of the visitors and unforgettable.

The central leader and the Diaoyutai State Guesthouse, in the eyes of most Chinese, are more effective than the current law, and naturally this practice can confuse many people and enhance his credibility in the eyes of everyone.

In terms of business operations, he has made good use of certain loopholes in China's current regulations. In the original Sino-foreign joint venture regulations, foreign capital was allowed to be paid in installments, and Great Aim often paid 1/2 to 20 percent of the investment in advance for the acquisition, so that it could smoothly control the state-owned enterprises and reinvest the funds obtained by the first batch of enterprises after their overseas listing into rolling acquisitions, so that there was no need to worry about the problem of insufficient funds.

However, although Chinese law prohibits foreign joint venture parties from transferring their equity interests in the joint venture, Great Aim has transferred the shares of overseas holding companies that hold these shares.

At the same time, Great Aim has benefited greatly from China's various tax incentives for joint ventures and the dual-track exchange rate system.

When he bought the shell to set up Great Aim Aim the company, the company still lost more than 10 million Hong Kong dollars, but only a year later, the company's net profit reached more than 300 million Hong Kong dollars, becoming a miracle stock in the Hong Kong stock market.

However, he himself has no experience in industrial management, and he has no interest in it, he has acquired hundreds of enterprises, and has never sent a single person, relying on the original factory directors to continue to operate.

There are only two or three finance staff at the headquarters who make rounds of audits throughout the year.

"Asset restructuring is a very cost-effective business, why is Mr. Fan not interested? As far as I know, you PCFANS have a foreign investment background, and the flow of funds is very large. Wanting to play this kind of game is a breeze. Li Yuanhu raised the doubts in his heart, and he thought that it was impossible for a person at the level of Fan Wuxian not to pay attention to this kind of wealth.

Fan Wuxi smiled and said,

"First of all, you need to understand that PCFANS is now just my sister Fan Tingdi's company, and I am just a nominal vice president, but my assets are far more than the total assets of PCFANS, which are hundreds of times more, and I am now investing in domestic projects, Hengdian has a film and television city. The first novel 520 Liushi has a low-voltage electrical company, Panshi here acquired a glass factory and Panshi Heavy Industries, and recently wants to build a Panshi airport with a scale of about 10 billion yuan, in addition, I have a lot of overseas stock securities investment, and hold shares of many large companies. For example, Cisco and Microsoft, etc. Li Yuanhu was taken aback, he thought that Fan Wuxian was just a second ancestor with a rich family, but he didn't expect Fan Wuxi's assets to be so huge, and this guy also said that these were all created by himself, how could he not feel frightened?

Fan Wuxian ignored Li Yuanhu's surprise and continued to explain the question he raised.

"The guy you're talking about, I know, like this kind of acquisition. At the beginning of the acquisition, due to the emancipation of the system, it is natural to stimulate the productive forces and there will be a rebound in the growth of efficiency, but as the mainland's economic atmosphere becomes more and more market-oriented, the advantages of the system will gradually disappear, and the old problems of state-owned enterprises, such as the backward industrial form, aging equipment, ineffective development of new products, and unreasonable talent structure, will emerge one by one. And I think he has more than acquisition, but he is not able to integrate. Entry is quick. Exit is hesitant, although it will be profitable in the early stage. But in the end, it will inevitably fall into the quagmire of specific management. Even now, criticism of the phenomenon has been frequently reported, and many people have accused this kind of empty profit-making behavior as business speculation with neither technology nor management experience, and that the speculation of enterprises has caused a serious outflow of fertilizer and water from state-owned enterprises. In my personal opinion, this kind of acquisition will not last more than three years. "In fact, Fan Wuji's acquisition of Panshi Heavy Industry Co., Ltd. was not borrowed from the operation methods of Great Aim Company.

It's just that his vision is higher, his techniques are more skilled, and he is a white wolf with completely empty gloves, unlike him, he is not simply playing the capital game, but has a set of excellent integration plans, and after the asset restructuring, the industrial structure of Panshi Heavy Industry has been reasonably transformed, so that there is the thriving of Panshi Heavy Industry today, which is not possible for Huace.

Basically, Great Aim is a leather bag company, but this leather bag company has the support of the upper echelons behind it.

Fan Wuxi's original intention in acquiring Panshi Heavy Industry was actually to remind the upper echelons that this kind of behavior of Great Aim would cause a certain degree of harm to many state-owned enterprises, but there was one thing he did not expect, that is, he did not rush to kill it and sell it after bankruptcy, but chose a way to change production, so that Panshi Heavy Industry suddenly became a successful model of asset restructuring, and was regarded as a benchmark for the acquisition of state-owned assets such as Great Aim Company.

\\\\\ as a result, the acquisition of Great Aim was not only not stopped by the top, but also accelerated more and more!

This matter was really out of Fan Wuxi's expectations, and he didn't expect this, but judging from the current situation, there are certain people on Huace, and it is very likely that they are pawns of a certain power group, considering that it will cause him a lot of trouble, Fan Wuxian feels that he should not get involved in this matter too deeply, so as not to attract another shot to himself or his father.

For some things, Fan Wuxi has really seen too much, and his heart is cold, and it is a great success to be able to manage the rock well, there is no need to block other people's financial paths, the risk is too great.

"By the way, in fact, I also have a satellite communication service company and three satellites in Beijing, and a new Silk Road entertainment company in Shanghai, which is now cooperating with CCTV, and will launch a new entertainment column on the new channel in the future, as for the details, it has not yet been worked out. On the Panshi Airport project, a cement and steel plant is currently being inspected, and the initial intention is to acquire it itself and transform it to meet the current demand. Fan Wuxian remembered these things, so he told Li Yuanhu by the way.

Li Yuanhu was speechless for a moment, and said for a long time,

"Mr. Fan, I really don't know what I can do for you, now it seems that it is okay to be a housekeeper." Fan Wuxian smiled, but looking back, Li Yuanhu's words also made a little sense, he still lacked such a housekeeper-like character, at the technical level and management level, he was not short of manpower, but in the arrangement of daily affairs, he needed to have this person who was well versed in human feelings to remind himself.

However, Li Yuanhu still put forward a very pertinent suggestion,

"Since Mr. Fan has plans to acquire and renovate the cement plant and the steel plant, then he might as well make the scale of the factory larger, these two projects are the most needed for infrastructure, and Wangtian Province needs not only a large airport, but also a lot of highways that extend out in all directions! Cement and steel, where they come in! "Wangtian is an inland city, the traffic is not very bad, but most of the roads are secondary roads, the quality is not very high, especially in recent years, the development of the transportation industry is very fast, the road surface is overwhelmed, the damage is serious, it is necessary to build a new high-quality highway, to the surrounding five provinces and cities, even if there is a large airport in the future, but the surrounding logistics and transportation, or to rely on road and railway transportation, so the idea of building a highway, is still worth considering.

There is only one point, if you want to build a highway, you must first approve the project through the Ministry of Construction, which is still a big problem.

You must know that in the construction of the Panshi Airport project, Fan Wuxian and the Ministry of Construction are very unhappy, the next time they want to build a highway, maybe they will have some demon moth obstruction, it seems that they still have to open up the upper route!

Regional disputes are also very obvious in the ministries and commissions, if you have a little power in your hands, you are always easy to be supported by the officials in your hometown, and it is reasonable to repay the peach and give back to your hometown, there is a saying that is very good, if the rich and noble can not return to their hometown, it is tantamount to a night trip in clothes, so many people in the ministry will seek some convenience for their relations, and a little tilt in policy or funds is enough to affect the development of a region.

The rise of the rock will inevitably drive the economic development of the entire Wangtian, and then affect the reform situation of the entire central provinces and regions to undergo tremendous changes, the total domestic economic demand is certain, one after another, the coastal economy will be weakened, which of course will make many people feel uncomfortable, so the mainstream Jiangsu and Zhejiang faction of the Ministry of Construction has a grudge against Fan Wuxi, which is also understandable.

If it weren't for Fan Wuxi's far-reaching influence, the tendencies of the upper-level figures, and the strong support of Wangtian locals, and the smooth development of several major projects in Panshi, it would be impossible for the Ministry of Construction not to be entangled in the construction project of Panshi Airport, even if it can be delayed for a while, it is beneficial to them.

Although in many cases, everyone says that they want to be dedicated to the public, but in practice, it is really rare to be able to do this, even if it is the first person in the world, it is also a person, as long as it is a person, there are three relatives and six reasons, there are seven emotions and six desires, it is inevitable to be vulgar.

"It's impossible to do business without dealing with politics." Thinking of this, Fan Wuxian couldn't help but feel a little emotional.