In early summer, an astonishing news spread in Xunyang Bicycle Factory:

Xunzi is going to be merged into Hanhua Industrial Company!

When the Xunzi workers first heard the news, they all had a skeptical attitude. Think about it, what is Xunzi, it is a state-owned enterprise. As for the Hanhua Company, it is just a large collective enterprise. How can there be a reason for large collective enterprises to merge with state-owned enterprises? The same is true from the level of the unit, Xunzi is a deputy department-level enterprise, and Hanhua Industrial Company is only equivalent to the department level, how can there be a reason for the subordinate to merge with the superior?

However, the reality surprised the workers, and there were more and more signs that Xunzi was really going to become the bag of Hanhua.

Beginning in mid-May, the Department of Light Chemical Affairs dispatched a huge team to Xunzi to begin assessing Xunzi's assets. The final evaluation results were Xunzi's factory buildings, office buildings, staff dormitories, equipment, inventory, etc., with a total value of 3.4 million yuan. At the same time, the bank loan owed by Xunzi has reached more than 280 yuan.

In fact, the value of many fixed assets in Xunzi is only calculated according to the original price on the book after deducting depreciation, and if it is really sold in the market for cash, it will definitely not be sold at this price. Therefore, Xunzi can be said to be already insolvent.

The working group held a long closed-door meeting with Xunzi's factory and finally came to the conclusion that unless the Qinghua Department could inject more than 1 million yuan into Xunzi's surname and ask the bank not to collect the arrears, Xunzi would not be able to turn a profit on its own. Xunzi's current revenue comes from cooperation with Hanhua, and if Hanhua withdraws, then Xunzi will be in trouble again.

Under these circumstances, after reporting to the provincial party committee and the provincial government for approval, the Light Chemical Department made a shocking decision to transfer all the assets of Xunzi to the Hanhua Industrial Company for compensation, and to retain the Xunyang Bicycle Factory, but to stop all its business activities. In other words, the unit of Xunyang Bicycle Factory still exists, but there is nothing left, just a shell.

There are reasons for the Light Chemical Department to make such a decision, on the one hand, the problem of Xunzi's losses has been delayed for two years, and it will not be possible to solve it again. On the other hand, the production of export electric fans of Hanhua Industrial Company has been included in the work priorities of the Provincial Economic Commission, and the Economic Commission ordered the Light Chemical Department to solve the problems of Hanhua Company's production site and personnel as soon as possible.

As Zhu Tiejun said, now is the time for Hanhua Company to open its mouth to the lion in the province, no matter what kind of request you make, the province will agree. The task of earning foreign exchange through exports is handed down by the state at all levels, and how well it is fulfilled has a direct bearing on the achievements of local governments. In the face of the requirements of political performance, what obstacles cannot be removed?

Under the policy environment at that time, it was certainly not feasible for a large collective enterprise to merge a state-owned enterprise in name, and the Xunyang Bicycle Factory could not go bankrupt or go bankrupt under any name. However, China's grassroots cadres have infinite wisdom in exploiting policy loopholes, and they have finally come up with a plan to change the soup but not the medicine.

First of all, it is to continue to retain the name of Xunyang Bicycle Factory, and even the original factory leaders still maintain the original administrative level and treatment. The Light Chemical Department found another small building for the Xunyang Bicycle Factory in Xunyang City as its business site, and then Qiu Qingyang and others got out of the existing factory area in Xunzi with great honor.

In order to make Qiu Qingyang leave Xunzi happily, the Qinghua Department also made a promise to him, promising that as long as he did a good job of handing over assets from Xunzi to Hanhua Company, he would be transferred to the province in a year or two, and he would be hung up below the Provincial Economic Commission, and he would be promoted to half a level and retired with the treatment of a department head.

Qiu Qingyang is in his fifties and can't work for a few years. Xunzi's loss became a stain on him before he retired, and now that this stain can be washed away and let him leave his job with dignity, why wouldn't he do it?

Xunzi's current site, including plants, equipment, inventory and staff dormitories, etc., were all packaged and sold to Hanhua Industrial Company for 3.4 million. Lin Zhenhua didn't blink his eyes, and directly asked Bi Min to write a transfer check of 3.4 million yuan to the Light Chemical Department, thus obtaining this huge factory covering an area of more than 1,000 acres. After the Light Chemical Department got the money, the first thing it did was, of course, to repay the bank's loan of 2.8 million yuan first, and the rest of the funds were handed over to Qiu Qingyang as the operating funds of the political axe in exile.

In this way, Qiu Qingyang's life is much stronger than in the past, and with more than 600,000 yuan of liquidity, it is enough for a group of cadres who are in exile to live comfortably. As for what to do when the money is spent, it is a matter of concern for the Light Chemical Department, and in Qiu Qingyang's tenure, the money cannot be spent.

Lin Zhenhua didn't feel distressed at all about spending 3.4 million yuan to buy Xunzi. Of course, he could negotiate the price with the Light Chemical Department again and save hundreds of thousands, but he knew that the result of doing so would be to lose his moral superiority and leave a bad impression in the Light Chemical Department that he did not know the overall situation, which was very unfavorable to his future development.

The plant, equipment, etc. of Xunzi factory are definitely not worth so much money, but the more than 1,000 acres of land in Xunzi are completely free, and they are not worth it at all when they are evaluated.

The location of Xunzi is in the suburbs of Xunyang City, and it is still relatively remote, but in a few years, the surrounding area will be prosperous. Lin Zhenhua believes that by that time, the value of this land alone will be more than the 3.4 million he paid. In 1982, neither the political axe nor the enterprise knew the value of the land, but Lin Zhenhua did. If he doesn't take down the land now, and when the political axe comes back, it will be even more difficult to take such a big piece of land than to ascend to the sky.

Among the assets received by Lin Zhenhua, there are also 20,000 unsalable bicycles, all neatly stacked in the warehouse. The factory price of the bicycle is 80 yuan, and these cars occupy 1.6 million yuan of Xunzi's working capital, which is the key reason for Xunzi's downfall. When Lin Zhenhua received them, he took them for 40 yuan a piece, because Qiu Qingyang also admitted that these bikes had quality defects, which led to serious unsalable.

Lin Zhenhua didn't have time to look at these bikes, but he believed that he could always find a way to tap into the value of these bikes. It's really not good, it's all dismantled and changed into wheelchairs, and the spirit of Uncle Benshan selling abduction is still worried?

The acquisition of assets is not difficult, and the biggest difficulty in this merger is the identity of the 300 workers.

According to Lin Zhenhua's thoughts, the skin does not exist, and Mao Zhiyan is attached, Qiu Qingyang has already taken the leaders to a small building in the city to form a political axe in exile, will these 300 workers also follow? Now that the workers are working the production line of Hanhua, why not just change their identities and put them into the establishment of Hanhua?

But Xie Chunyan and Zhu Tiejun both know that Lin Zhenhua's idea is too naïve, too simple, and too stupid. People can accept this kind of employment like now, people are first-class citizens to work in second-class companies, don't look at you who pay the salary, your social status is not as high as others. Now you want others to lower their status, how can they accept it? Besides, the Department of Light Chemical Affairs does not have the right to dismiss an employee of a state-owned enterprise from public office, and this is not something that can be settled with a single notice.

The idea of the Light Chemical Department is that it is enough for your Hanhua company to get the factory, and these 300 workers still retain their public positions, and they work in you, so why not? But Lin Zhenhua found it difficult to accept this method, the 300 workers on the production line were not controlled by himself, which was really uncomfortable. To put it mildly, if Qiu Qingyang comes to ask for something one day, how should he deal with it? You must know that these 300 people are all Qiu Qingyang's employees in name.

Lin Zhenhua did not act recklessly, he stayed in Xunzi factory for a month, while guiding production, while privately communicating with the backbone workers of Xunzi to understand their intention to give up the status of employees of state-owned enterprises and join Hanhua Company. After fully understanding everyone's demands and doubts, Lin Zhenhua played a set of combination punches.

First of all, Lin Zhenhua agreed to maintain the status quo according to the arrangement of the Light Chemical Department, and all employees of the Xunzi factory could work as in the past as foreign labor in Hanhua Industrial Company. The significance of such a commitment is to stabilize people's minds and avoid mass incidents.

Subsequently, Lin Zhenhua announced that Hanhua Company accepted Xunzi employees to become regular employees of Hanhua Company, provided that they must voluntarily resign from Xunzi. In terms of wages, regular employees and expatriate workers will continue to maintain the policy of "equal pay for equal work" that Lin Zhenhua once promised, but there will be a world of difference between the two in terms of benefits.

Welfare is such a thing that people outside the circle can't understand. The difference between a good company and a bad company is often not reflected in wage income, but in benefits. In those days, the wages of the fourth-level workers in any enterprise were the same, and the more work and less work were the same, and the prosperity of the enterprise was the same. But when it comes to welfare, the difference is too stark.

From the perspective of Hanhua Company, employees can reimburse a number of family visit expenses, cold drink expenses, barbecue fire expenses, children's nutrition expenses, and elderly filial piety expenses every year...... Each of these dollars is three or five dollars, which looks unremarkable. But in total, there are 180 yuan a year, which is worth two months' salary.

The employees of Hanhua Company can issue two work clothes a year, all of which are polyester card fabrics and color of their choice. In fact, most workers do not wear a set of work clothes at all in a year, and these clothes can be changed into children's clothes. The company's employees also have the right to buy two electric fans at cost price, whether you use them as gifts to relatives and friends, or if you are willing to sell them at a higher price in the market, in short, the difference in the middle is the income in your pocket. In this way, it will cost one or two hundred dollars.

If these benefits are not enough to make the employees excited, Lin Zhenhua has a more powerful killer, that is, housing.

(To be continued)