Chapter 1131: Another Unlucky One

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The efficiency of high-level work is very high. Just when many people in the civil aviation system thought that it was impossible to set off too much storm this time, a total of more than 40 people in the civil aviation system were arrested at the same time and entered the secret investigation procedure.

In view of the upcoming ** and the handover of the new and old leadership teams, this matter has not been greatly exaggerated, but the smell of gunsmoke is very strong inside.

Fan Wuxie's move, especially the timing of the hand, has surprised some political veterans, and it does take a lot of courage to do it when others are afraid to avoid it, because a careless move is likely to affect Fan Heng's re-election, which is a clear thing.

But Fan Wuxian did it, and he was extremely ruthless, and more than 40 department-level cadres fell at the same time, which cannot but be said to be a shocking case.

After this incident, people also felt the decisiveness and strength of Fan's father and son, and no one dared to underestimate it from then on.

"It's not that people don't have that energy, it's just that people usually don't bother to pay attention to you-" When evaluating this matter, someone summed up the style of Fan's father and son.

Of course, choose to do big things at this time. Fan Wuzhi is not the only one, a relatively big thing has also happened in the Northeast, but it is not in the officialdom, nor against state-owned enterprises, but against a local enterprise with complex components.

And when it comes to this company, it is also quite famous, it is the famous Brilliance Company.

As for the people who are also unlucky, they are not a group, but one, a more famous capital player called Yangrong.

Speaking of Yangronglai, this person can be said to be the leading master of capital operation in China, and his mind and pattern are of course very comparable.

In the summer of 1991, the most sensational news in China's business circles was the exchange of canned food for airplanes. Mu Zhong of the Nande Group exchanged 500 wagons worth 400 million yuan for four Soviet-made Tu-154 planes, from which he claimed to have earned 80 million to 100 million.

When people were talking about this matter enthusiastically, Yang Rong, who was five years old at the time Chinese New Year's Eve was very disdainful. At that time, a capital operation project that he had been planning with great concentration was nearing completion, and in the future, it was indeed much more sophisticated and sophisticated than bartering cans for airplanes.

After graduating from junior high school, Yang Rong worked as a chef for a while, then contracted a small shop in his hometown, then worked in a foreign trade company in Jiangyin City, and later came to Shanghai to engage in stock trading.

At that time, the Shanghai East Lake Hotel was the base of the early speculators, and the famous Yang Million, Mrs. Liu, Zhu Huanliang and others in Shanghai all set up camp here to make a village. At the same time, it has also experienced a vertical and horizontal operation skills.

Later, Yang Rong went to Hong Kong to found Huabo Finance Company, but others are in Hong Kong and care about the mainland, and they know that the capital reform of state-owned enterprises will bring huge profit space.

In 1988, it issued 100 million yuan of shares at home and abroad, which lasted more than a year but received little response, and the company even posted a notice in the compound of the State System Reform Commission to sell stocks, and only sold more than 20,000 yuan in a whole day.

At this time, Yang Rong came to negotiate and bought 40 percent of the shares of Jinbei Automobile for 12 million US dollars, and then he arranged a key share exchange, expanding the holding ratio to 51 percent, becoming the absolute controlling party of the company. To this end, he set up a project company in Bermuda, a small island in the Pacific Ocean, Brilliance China Automotive Holdings Co., Ltd., which is 100% owned by Huabo.

He also quietly completed the capital transformation of Huabo, and its shareholding structure was changed to Yangrong accounting for 70 percent.

After completing this series of long-sleeved capital combinations, Yangrong began to plan to be listed on the New York Stock Exchange in the United States. At that time, China had not yet established a securities regulatory commission, and there was no precedent for all the operations of Yangrong. In order to allow listed companies to have a more legitimate and reasonable identity, Yangrong planned to establish a non-profit China Financial Education Foundation. The initiators are the Education Department of the People's Bank of China, Brilliance Holdings, China Institute of Finance and Hainan Huayin, and in this way, Yangrong wears a prominent red hat with a background of many monopolistic state-owned capital.

However, from the later point of view, it was the hat of this state-owned capital that harmed him, as the so-called success and defeat are also Xiao He.

In 1992, Brilliance China Automobile was successfully listed in New York, raising US$72 million, which was the first overseas listing of a Chinese company. For the New York Stock Exchange, it was also the first officially listed stock from a socialist country. It was a sensation in the U.S. stock market that year.

Yang Rong's IPO catapulted him to fame, and he quickly realized that the automotive industry he had inadvertently stepped into was perhaps the most growing field in China. Since 1995, Yangrong has taken over the management of Jinbei Bus as a major shareholder, and gradually shifted his energy to business management.

At that time, due to the monopoly operation of the automobile industry for many years, the major automobile manufacturers were bound to go, without too much fighting spirit, and the industry was full of rules and regulations. When Yang Rong really entered, this strategist with a very clear and sharp view of the big picture quickly became a headache disruptor.

Jinbei company's flagship product is the Hiace brand passenger car, in this market, Changchun FAW's Jiefang brand van is a well-deserved little bully, the limelight. Yangrong mobilized all the company's most sophisticated R&D personnel to develop a low-cost new Hiace model specifically for Xiaojiefang.

During this period, there was an anecdote that showed Yang Rong's temperament, Yang Rong once went to Changchun to visit the chairman of FAW, and the other party treated him with arrogance, and Yang Rong felt very angry. Therefore, after the design of the new model of Hiace, Yang Rong rolled up the drawings and then found the other party, saying that as soon as my car is sold, your little liberation will definitely not work. But if I develop this car, I will definitely lose money. I produce 500 units a month. A discount is 5,000 units a year, you give me 10,000 yuan per car, a total of 50 million yuan, and I will sell you the license for this model. I've informed you of this situation, and if you don't agree, I'll do it my way.

The chairman of FAW had never seen such a person, and thought he was crazy, so he naturally ignored him.

However, after the launch of the new sea lion market, because of its novel shape, low price, flexible marketing means and popular with users in small and medium-sized towns, only one year later, FAW's small liberation from profit to loss, another two years, forced to withdraw from the competition.

Since the end of 1997, Yangrong began to plan to introduce German technology and equipment to build a domestic car production line with an annual output of 100,000 units. As soon as this statement came out, the industry leaders shook their heads again.

Yangrong builds cars, not like other entrepreneurs, step by step, along the steps. He is China's premier master of capital operation, and his mind and pattern are certainly very comparable. He implements a dual-track parallel strategy in the building of his own brand, on the one hand. By entrusting design and self-accumulation to cultivate core R&D capabilities, Brilliance invested 100 million yuan to jointly establish the Tsinghua University Automotive Engineering Development Research Institute with Tsinghua University, with Yang Rong as the chairman.

On the other hand, we break the conventional cooperation model and seek different forms and contents of cooperation with world-class automobile companies in the atmosphere of China's accession to TO. He has carried out extensive cooperation with five major international automobile companies such as BMW, General Motors, and Toyota, so that the research and development of cars with independent property rights is no longer made behind closed doors.

In addition to building an industrial and capital platform around automobiles, Yangrong has also frequently set foot in other fields. By the time of last year, Yangrong had created a Brilliance system with a market value of 24.6 billion, with five listed companies and more than 150 affiliated companies in the department, including more than 130 holdings.

Today, Brilliance has eight automobile production lines and more than 10 automobile and component factories, forming an unprecedented system of financial and industrial integration in China's automotive industry.

In Yangrong's plan, in the future, Brilliance will form three major sectors under a financial holding company, including automobile, finance and infrastructure, of which automobiles account for 80% of the total output value, and achieve production and sales of 1.5 million vehicles, operating income of 200 billion yuan and profit of 20 billion yuan by 2010.

Undoubtedly, if this goal is achieved, Brilliance will become the largest car company in China.

It's a pity that Fan Wuxian was born halfway through, entered the domestic automobile market, and launched various models with completely independent intellectual property rights, which broke his plan at once.

However, despite this, at the end of 2,000 years, the first generation of Zhonghua cars rolled off the assembly line in Shenyang.

In January last year, in order to commend the first Zhonghua car off the assembly line, the Shenyang Municipal Government held a very grand ceremony to award Yangrong the title of honorary citizen. In the 2,000-year-old company's performance, Brilliance's after-tax profit is a record 1.8 billion, second only to Fan's, Shanghai Volkswagen, and FAW-Volkswagen in the automotive industry.

In March last year, there was a major earthquake in Shenyang's political circles, the mayor and the executive vice mayor were detained for corruption, the case involved a wide range of cases, and the city's important officials involved in the case amounted to more than 120 people.

It was at this time that Yang Rong's judgment finally deviated and made a wrong move. This wrong move led to the collapse of his entire career.

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