The guests nodded from time to time to appreciate the flexible and forward-looking decision-making mechanism of Changda Group, while Guan Yuntian was low-key and introverted, "In an environment like ours, anyone will do this, and being prepared for danger in times of peace is a necessary quality for the survival and development of private enterprises." ”

"Mr. Guan, Changda Group can poach our Director Zhang to you through a headhunting company, which shows that your company attaches great importance to talents, and in all kinds of enterprises, even including those so-called enterprises in the system, there are very few units that can do this. Mr. Li of Kaiyuan Company interjected, and this Mr. Li may be in charge of human resources.

Guan Yuntian smiled, "Assistant Zhang was indeed recruited by us through a headhunting company, speaking of which, I would like to tell a few colleagues that seven of the nine existing members of our board of directors are selected from all over the country through this form, including Mr. Ye and Mr. Ding here." By the way, our Ye always graduated from the MBA of Duke University on the other side of the ocean, and before coming to Changda Group, he worked as a department executive of the world's top 500 companies for several years; Ding always graduated from the seventh and eighth financial management majors of 985 University, and his diploma is very high, he is a senior accountant, and he has been the financial director of a large state-owned enterprise. ”

"Ouch, no wonder Changda Group can develop to today's scale, you have really put a lot of effort into talents!"

"In addition to Mr. Ye and Mr. Ding, among the members of our board of directors, two experts in charge of administrative management and human resource management have also worked in the middle and senior management of large state-owned enterprises or central enterprises, as well as the current director of the Changda Group Technology Center, we will meet him tomorrow, he is a doctor of materials science who graduated from 985 University, and previously worked in a large national scientific research unit. ”

This is not a show, when it comes to this aspect, Guan Yuntian just told the truth, the purpose of the other party's trip is to understand the situation of Changda Group, and these facts should indeed be known to the guests.

"It's amazing, Changda Group is simply a hidden dragon and a crouching tiger!" one guest sighed.

"Hidden Dragon and Crouching Tiger is a bit exaggerated, but the door of Changda Group is always open to all kinds of talents. "Guan Yuntian said.

"Mr. Guan, according to the output value and number of employees of Changda Group you introduced, even if your scale is placed in the whole country, it can be regarded as a relatively large enterprise. Lao Zhu, chairman of Kaiyuan Company, who has been talking very little, interjected, and it seems that he is more concerned about this issue.

"The whole country doesn't know, if you put it in the whole province, Changda Group is indeed a well-known enterprise in our province. Guan Yuntian said bluntly.

From the beginning to the present, all the talk has been about Changda Group, Ye Jiayi was afraid that Guan Yuntian would not be able to ask the other party directly, she interjected: "Mr. Zhu, how many main businesses does your Kaiyuan Company have?

Lao Zhu smiled as if he had just woken up from a dream, "Yes, let me introduce the situation of Kaiyuan Company," he spent nearly half an hour to explain in detail the experience of Kaiyuan Company from its inception to being suspended by the regulatory authorities.

According to Lao Zhu, the Kaiyuan company is a local state-owned enterprise in a prefecture-level city in the west, and its history of building a factory can be traced back to the fifties and sixties of the last century, and the company's business scope is mainly basic building materials, and there has been no change in the past 60 years.

Originally in the nineties of the last century was ready to restructure, but the sudden urban development and road traffic and other capital construction projects, need a large number of basic building materials, in the face of such a good market situation, the local government gave up the idea of restructuring, so that enterprises can follow the original mantle.

However, the nineties is indeed an excellent period for the development of enterprises, when Kaiyuan building materials factory, to their several large warehouses to pick up the trucks lined up in a long line, from morning to night, endlessly, and these users are paid in advance, otherwise, the sales department will not be contacted at all.

In the heyday of the nineties, Kaiyuan building materials factory, the production scale was expanded three times more than the original, the number of employees was close to 10,000 people, it was at that time, the enterprise efficiency is good, coupled with the national policy to vigorously support the western enterprises, in the case of the conditions are not fully met, Kaiyuan building materials factory is not very good condition of the truck, was pushed on the fast track to the market.

Because there is a gap with the conditions that the listed company should have, the company paid for the packaging of a qualified accounting firm, and after some operation, the company changed its name to Kaiyuan Company, and was successfully listed in the second year.

In the first few years after the company went public, the basic building materials market was still relatively stable, and the performance was reasonable, but they did not know how to use the funds raised from the stock market, and the management had to instruct the financial department to deposit a large amount of money in the bank to eat interest.

"I have to say that Kaiyuan company missed the best opportunity to develop and grow, if we have a forward-looking, in advance to determine the new project, the company's financing from the stock market, just can be used to develop new projects, now will not be the situation!"

Because of hearing Guan Yuntian's introduction of Changda Group, compared with it, Lao Zhu sighed completely from the heart.

In fact, at that time, Lao Zhu was only the general manager of Kaiyuan Company, although he and the chairman and other members of the board of directors at that time were all cadres sent by the local government, but the chairman was the legal representative, and the administrative position was higher than them. In addition to the chairman's veto, local governments sometimes have to point fingers and interfere in the company's affairs.

Of course, the other board members headed by Lao Zhu are also happy to be idle, even if they know that the listed company has a large amount of idle funds lying in the bank, and would rather let those funds settle down, no one has put forward new ideas to expand the company's business, because on the one hand, they cannot get the support of the main leaders, and they also cause trouble to the leaders, in addition, the company's quality has nothing to do with themselves, it is both worry-free and easy, and the salary is a lot to earn, why not?

However, the ancient adage that "if a person has no foresight, he must have near-term worries" is not unreasonable, and sooner or later it will be fulfilled.

Although the infrastructure market has been hot until now, but after five or six years of Kaiyuan company listed, the situation of the building materials industry is quietly changing, because the threshold of this industry is not high, within a few years, all over the country do not know when there are countless building materials enterprises of all sizes, and most of them are private enterprises, they operate flexibly, the burden of enterprises is very light, even in the local area where Kaiyuan company is located, it has also formed a huge competitive pressure.

With the convenience of local state-owned enterprises in land use and stock market financing, Kaiyuan company still has some competitive advantages in the initial stage, but the good times are not long, after a year or two, in the face of the flexible mechanism of private enterprises, Kaiyuan company was besieged by a number of enterprises, their advantages are gone, the original market share was gradually eroded, from the initial monopoly in the local building materials market, into the later lingering.

Because of the decline in performance for many years, the company's annual report was miserable, and in the case of several warnings from regulators to no avail, Kaiyuan Company was finally ordered to suspend trading.

Since then, not only have the large sums of money raised in the stock market been paid to employees as salaries, but also bank loans are required to maintain the company's daily expenses.

Three or four years ago, the former chairman of the board of directors resigned because he reached retirement age, and Lao Zhu, as the general manager of Kaiyuan Company, took over as chairman of the board of directors as a matter of course. After Lao Zhu took over, he knew better than anyone else about the company's situation, because the company's main business of basic building materials lacked competitiveness in the market, Lao Zhu and the new team members also thought about changing the status quo, they had contact with the outside world some new projects, not to mention whether the new project was feasible, even if they wanted to do new projects, after being suspended by the regulators, Kaiyuan Company could not raise funds at all.

In desperation, someone in the board of directors suggested that instead of sitting back and waiting, it was better to change the way of thinking and avoid going all the way to the dark. Because they know that even if they are put on the ST hat by the regulators, Kaiyuan Company, as a listed company, has a certain value as a shell of a listed company.

Lao Zhu was more open-minded, he accepted the advice of his colleagues, so he had the idea of seeking restructuring externally.

Hearing this, Guan Yuntian interjected: "Mr. Zhu, if I understand correctly, Kaiyuan Company used to be a local state-owned enterprise, may I ask what is the shareholding ratio of the local government after the company is listed?"

"At the peak, the company held 40 percent of the shares, and since the company's performance began to decline, the local government gradually reduced its holdings, and when the trading was suspended, the local government held less than 10 percent of the shares. ”

"With all due respect, if you seek to reorganize externally, what will happen to the 10 percent state-owned shares? You must know that many enterprises, especially private enterprises, do not want to participate in the state-owned shares held by the local government. "Guan Yuntian said.

"We also thought about what Mr. Guan was worried about, so after putting forward the idea of external restructuring, we discussed with the local state-owned assets department and asked them to give up this equity for the sake of Kaiyuan's future. ”

"Oh, the people in the state-owned assets department are still very open-minded, and the equity has given up. ”

"How can it be so easy!" Lao Zhu sighed, "Because Kaiyuan Company is in such a predicament, the local departments have long been unable to get any oil and water from here, and some things have to trouble them to come forward to coordinate, so after knowing our request, they are willing to give up the equity, and they can't throw away this hot potato immediately, but they also made it clear that the equity will not be transferred for free." ”

"Don't they know the current situation of the enterprise? What do they want to do if they don't sell it for free? With the current situation of Kaiyuan Company, even if they want to sell it for a fee, it will be difficult to find a buyer!" Ye Jiayi interjected.

"Yes, at this time, they wanted to sell the equity, but they couldn't find a buyer, so several of our board members jointly contributed and took back the 10% equity. ”

"You have really done your best for the future of the company. ”

"There's no way, this can be regarded as self-help, otherwise Kaiyuan Company will be finished. Fortunately, if the 10 percent of the shares were worth as much as 50 million according to the issue price, but when the trading was suspended, the stock price fell to less than one-fifth of the original, and of course we could only buy those shares at the price at the time of the suspension. Lao Zhu explained.

In other words, Kaiyuan's current shareholding structure is very clear. Lao Ding said.

"That's right, our shareholding structure is very clear, and there are no messy institutions involved. General Manager Hou explained.

Guan Yuntian nodded, "Mr. Zhu, if the reorganization is successful, do you still have the confidence to do a good job in the original business?"

Lao Zhu thought for a while, "according to our analysis, at least in the next ten years, the basic building materials industry in the domestic market still has a huge market demand, but as mentioned earlier, the industry is facing fierce competition, nevertheless, in the face of many small and medium-sized enterprises under siege, we are not without the power to fight back, if true, Kaiyuan company's product quality in a radius of two or three hundred kilometers, no building materials companies can compete with us, this is our biggest advantage." ”

"Okay!" Guan Yuntian immediately appreciated, "With excellent product quality, focusing on those construction projects with high requirements for the quality of building materials, and giving up the competition in the low-end market, this is the way for Kaiyuan to survive in the future." ”