Steel Tycoon Reborn

Chapter 984: New Plan

Xie Tang pushed the cart into the yard and looked at Shen Huai and Li Gu as they drove past the alley.

Xie Chengjiang, who ran out to help Xie Tang open the door, also looked out. He saw the tail of the car and asked Xie Tang, “Who is it?”

“It’s Shen Huai. He and Mayor Li took the car to Governor Xu’s house.” Xie Tang said.

Xie Chengjiang glanced outside again hesitantly, and saw that the three cars had all turned away, then he took back his wandering eyes and walked into the living room with Xie Tang. Seeing Song Hongjun sitting there seemingly unaware, he said with a smile: ” Shen Huai is majestic in the Yuanye Automobile Industry Group today, and he just took the car to the Governor Xu’s house, do you have any big moves?”

“Ah, when will Shen Huai go to Governor Xu’s house?” Song Hongjun asked.

“Just now, Xie Tang came back by bike and saw him and Li Gu sitting in the car.” Xie Chengjiang said.

“Maybe something was called out temporarily. I didn’t hear Shen Huai talking about it in the morning.” Song Hongjun said.

“I heard that Yuanye has been discussing cooperation with BAIC and Pucheng for some time, and the cooperation plan with BAIC and Pucheng has also been recognized by the province. If you are involved now, will there be great resistance? Xu The governor called Shen Huai over at this time, is it related to this matter?” Xie Chengjiang asked.

“I don’t know much about the situation, so I can only call and ask him after Shen Huai has met Governor Xu.” Song Hongjun said lightly, naturally he would not reveal Shen Huai’s overall plan to Xie Chengjiang for no reason and they knew.

Xie Zhi was sitting on the sofa opposite, thinking that she saw a lot of materials about the development of the automobile industry at Shen Huai’s residence on New Year’s Eve, and guessed that Shen Huai might have to attack the Yuanye Automobile Industry Group, which he could reach. I also learned some considerable materials, only to find that the situation involved in the Yuanye Automobile Industry Group is quite complicated.

In addition to BAIC’s plans to build a new production base in Xucheng, Zhao Moshi of Pucheng Group also planned to enter the sedan market.

Xie Zhi saw that her father, little uncle, Ye Xuanfeng, and Hong Qi were all silent, and thought to herself, if Song Hongjun was not here, they probably wouldn’t have anything nice to say, right?

“Pu Cheng negotiates with Yuan Ye first, and almost has to reach an agreement. Moreover, Pu Cheng Zhao Moshi has an extraordinary relationship with Governor Xu. Governor Xu called Shen Huai over at this time, probably because he was a teacher and asked for guilt?” Xie Chengjiang looked at him. Song Hongjun, told his guess.

Song Hongjun smiled in his heart, secretly thinking that the people in the room were probably hoping that Shen Huai would be taken over by Xu Pei to raise his apprenticeship to incriminate him?

Although Song Hongjun hadn’t talked to Shen Huai on the phone at night, and he didn’t confirm whether Xu Pei called Shen Huai and others over at this time, whether it was a matter of restructuring and reorganizing Yuanye Automobile, the biggest variable in the whole thing was Xu Pei. How could Pei’s possible attitudes be without detailed analysis and speculation?

************************

The car stopped in the alley outside the yard. Cao Zhengjiang and Xu Pei’s secretary Zheng Yongjin probably heard the sound of the car and went to the yard to wait for them to come in.

Cao Zhengjiang stood at the door of the courtyard, shook hands with Li Gu, Jiang Yibin, Shen Huai, and Ding Jianguo very politely, and said, “Governor Xu is waiting for you in the study,” and held Shen Huai’s hand enthusiastically, clapping With the back of his hand, he said, “The province’s auto industry is revitalizing and developing, Governor Xu is guessing that you have great ambitions and are waiting for you to come and play.”

Hearing what Cao Zhengjiang said, Shen Huai smiled and said, “Secretary-General Cao, you are flattering me. The revitalization and development of the auto industry in the province is concerned by the provincial leaders, and the planning department and the economic and trade department are responsible for planning and implementation. The State-owned Assets Supervision and Administration Office cooperated here, and it was also Secretary Jiang who came to take the lead…”

“Director Shen is going to bake me on the stove, that’s not acceptable,” Jiang Yibin laughed, with a look of intimacy, pushed Li Gu’s shoulders and told him to go inside first, saying, “I must send People put it on the stove and let Mayor Li come first…”

At the guesthouse just now, Shen Huai frustrated Zhao Moshi’s enthusiasm, and wanted to pull Pucheng to the same starting line with Dongshi Motors to compete with a new plan, Jiang Yibin could think that Shen Huai should have prepared a relatively mature plan long ago. To stop Zhao Moshi’s mouth, but he was still a little hesitant about Governor Xu Pei’s attitude.

Whether Cao Zhengjiang helped Zhao Moshi to exert some unnecessary influence on Governor Xu Pei before, it doesn’t matter, what matters is that Cao Zhengjiang’s attitude has changed at this time, which means that the whole thing still falls on Shen Huai under the control track.

The situation was going to be completely controlled by Shen Huai. Jiang Yibin felt bad, but it was more reassuring than falling out in front of Governor Xu Pei.

In the early spring of this year, just a few days after the Spring Festival, the temperature rose to more than ten degrees, and some roses bloomed in the corner of the yard, which were not withered by the cold winter.

Cao Zhengjiang’s rank has also been increased. Now he is the deputy secretary-general of the provincial government and the director of the general office. Since he is staying in the yard and telling the truth, Shen Huai will naturally not try to expose it. Shen Huai also laughed, and walked into the room with Li Gu, Cao Zhengjiang, Jiang Yibin and others smiling.

Although it was the Lantern Festival, Xu Pei returned home early in the morning, but he was still dealing with official business at night.

Xu Pei was in his early fifties and was full of energy, but due to the long-term tiredness of the papers, his eyes were slightly presbyopic, and he would wear a pair of glasses when reviewing documents. He took off his reading glasses and said:

“You and Yibin went to Yuanye Automobile Industry Group for research today, and found that Da Zhou Danian of Yuanye called me to complain; I ignored him. The purpose of establishing the State-owned Assets Office is to strengthen the supervision of the state-owned assets system. Although On top of the State-owned Assets Supervision and Administration Office, a supervision leading group was temporarily set up, which was also to grasp the general direction and not go astray. The leading group did not participate in the drafting process of the specific restructuring and reorganization plan of provincial state-owned enterprises. However, from today’s situation, Yuanye Auto Regarding the restructuring and reorganization of the industrial group, there are still some differences between the State-owned Assets Supervision and Administration Office and the enterprise… For the opinions of the enterprise, I went to Yuanye Automobile Industry Group to investigate and heard their report. Now I want to hear the opinions of your State-owned Assets Office. It is Yibin , or Shen Huai for you?”

Shen Huai glanced at Jiang Yibin, Jiang Yibin thought that Xu Pei said these words to Shen Huai, although his heart was sour, but he also knew that competing with Shen Huai for jealousy at this time was something he did in 250 years, and said: “Shen Huai just In charge of the restructuring and reorganization of provincial state-owned enterprises, Shen Huai is more familiar with the specific situation.”

Xu Pei stood up and asked everyone to sit down in the living room of the study.

“Separation of government and enterprise, it is necessary to give enterprises greater operational autonomy. This is the focus of the restructuring of state-owned enterprises at this stage,” Shen Huai sat down and said slowly, “I can imagine what Zhou Danian is going to sue me, he will probably Accused me and the State-owned Assets Supervision and Administration Office for seriously interfering with the independent operation of the Yuanye Automobile Industry Group. The company is operating well, and the state-owned assets are in the process of value-added development. We want to give the enterprise more autonomy in operation, and we cannot use administrative orders to interfere arbitrarily, but the Yuanye Automobile Industry The Group has a total audited assets of nearly 2 billion and a responsibility rate of more than 70%. This has not taken into account the slow-moving inventory. If the nearly 400 million slow-moving inventory is calculated, the Yuanye Automobile Industry Group with a total asset of nearly 2 billion, The net assets may only be more than 200 million points left, such an enterprise should have autonomy in operation with the province and the State-owned Assets Supervision and Administration Commission, Governor Xu, what do you think of this?”

Jiang Yibin was shocked when he saw Shen Huai’s murderous expression in the first paragraph of his sitting down. He thought that Zhou Danian probably didn’t expect that if he failed to sue, he would ask Shen Huai to fight back fiercely, right?

Xu Pei frowned and said: “Restructuring requires the separation of government and enterprises, and to reduce the interference of executive orders on business operations, the key issue is to return to the establishment of a modern enterprise system, not just laissez-faire, the business situation of Yuanye Automobile Industry Group. This is not optimistic, the State-owned Assets Supervision and Administration Office should actively intervene. This is also the original intention of the State-owned Assets Supervision and Administration Office, which is to strengthen the supervision of operating state-owned assets. ”

Although Zhou Danian is a deputy department-level state-owned enterprise official, Xu Pei has long been troubled by the predicament of the state-owned enterprise.

“Governor Xu, what you said is that one of the cores of the modern enterprise system is the separation of powers and responsibilities. Even if the State-owned Assets Supervision and Administration Commission of the State Council can clean up the feces of the Yuanye Group, there is no reason not to hold the parties accountable. Of course, supervision is beneficial. Secretary Bin is in charge, so I won’t steal Secretary Jiang’s words…”

Seeing that he didn’t get the benefits, Jiang Yibin was pushed out by Shen Huai and used it as a murdering knife. He wanted to jump out and kick this **** kick, but at this time he could only vaguely accept it first: “Although the State-owned Assets Office is newly established, Many rules and regulations are in the drafting stage, but the regulatory system corresponding to power and responsibilities must be put into operation first.”

Ding Jianguo was sitting next to him and had nothing to say. What Shen Huai said in front of Governor Xu Pei was a big truth. If the unsalable inventory was accrued, the net assets of Yuanye Automobile Industry Group would only be more than 200 million points. You really need to pull one or two people out to take charge. He thought to himself that Zhou Danian was retiring soon and didn’t expect to be promoted. He thought that he could fight against Shen Huai unscrupulously. It was a wrong idea. In the eyes of Governor Xu Pei, Zhou Danian is simply an abandoned son of no value. Cao Zhengjiang has stepped back now. Can Zhou Danian expect Zhao Moshi to intercede for him in front of Governor Xu at this time?

****************************************

At this time, the nanny brought tea and brought it over. Shen Huai took a tea cup, opened the lid of the tea cup, and saw that the water was boiling and steaming inside. He put the tea cup on the corner of the coffee table, not busy drinking, and continued:

“No one wants Yuanye Group to become a huge burden in their hands. Before the value is lost, the assets are taken out and restructured, which can be regarded as solving a problem. As far as the State-owned Assets Supervision and Administration Office is concerned, it is also correct to have such an idea. Yes. When we solve problems, we first set goals, then break down the goals, formulate plans, and then implement them. However, the situation has developed some changes in the past two years. The goals established two years ago are adapted to the situation two years ago. Today, a year later, it may not be appropriate, and we can’t stick to the same.”

“Well,” Xu Pei nodded and said, “You can tell everyone how much the situation has changed in the past two years.”

“Two years ago, the development of the domestic automobile market, especially the passenger car market, was still relatively slow, and the main demand was concentrated in rental cars, enterprises and institutions, and the private demand was still extremely limited. The demand for passenger cars has risen sharply, and this year it will surpass rental cars and vehicles used by enterprises and institutions, becoming the largest market demand for passenger cars. With the economic development, the growth potential of private car demand is the largest in the market for rental cars, enterprises and institutions. The use of vehicles in public institutions is far from comparable, and there will be explosive growth in the future, which is the most important change in the situation in the past two years. The management of Yuanye Automobile Industry Group has no clear understanding of this. One point, they are unqualified management in my mind.” Shen Huai said.

When it comes to judging the economic and industrial development situation, no one here has more say than Shen Huai, Xu Pei nodded and motioned Shen Huai to continue.

“Yuanye introduced technology and production lines from Japan in 1992 to produce passenger cars, mainly sedans. It was completed in 1994, and it only lasted for a few months,” Shen Huai said, “but the previous round of economic overheating started when In 1992, 1994 and 1995, there were some serious consequences, which also appeared in the automobile industry. With the emergence of car assembly lines in various places, Yuan Ye’s performance plummeted under severe market competition conditions, resulting in In 1995, 1996, and 1997, the car department continued to lose money on a large scale, which was also a major factor in Yuanye’s first attempt to cut off the car production department. However, at the end of 1998, the State Council strengthened the management of passenger car production and market chaos. Strictly implement the production license catalog, including Dongshi, the sedan assembly lines have been shut down one after another, which has actually brought a great turn for the wilderness. The management of the group did not expect to seize this turning point and revive the market, but only thought of it. The license system in their hands may still be worth some money, and they are eager to resell them. Such a mentality also shows that they are not qualified corporate management.”

Jiang Yibin glanced at Cao Zhengjiang, while Cao Zhengjiang took a notebook very seriously and recorded Shen Huai’s words. It seemed that Shen Huai’s speech was more important than Xu Pei’s speech.

Jiang Yibin secretly felt that Shen Huai was going to take away Zhou Danian and other Yuan Ye’s management, and peel off a clean field and give it to Dongshi?

“Haha,” Xu Pei laughed and said, “You have been transferred to the province to be quiet for March. It turned out to be a blockbuster. How to restructure the Yuanye Automobile Industry Group and how to develop the province’s auto industry, it seems that you are doing If you have done a lot of homework, then you can simply let go and talk about it.”

“The situation has undergone great changes in the past two years, and the goals initially established need to be revised,” Shen Huai said. “Yuanye Automobile Industry Group, the main goal is to ensure the value-added growth of state-owned assets, and at the same time, as a leading automobile enterprise in the province, it must start It plays a role in driving the overall development of the auto industry in the whole province. The auto industry itself is only one aspect, and the auto industry has a huge role in driving the upstream and downstream. This is what we cannot ignore. Cooperation with BAIC can only be done to reduce losses, not to make mistakes. It will also give up the huge market that has great room for growth in the future. In cooperation with BAIC, Yuanye’s production department is incorporated into BAIC’s production system, and it is responsible for the production of a small number of parts and a small number of complete vehicles for BAIC. The role of bringing about the rise of the auto industry in the province…”

Shen Huai continued: “As far as the European and American auto industries are relatively mature, there is a lot of data that we must refer to. 40% of the products in the machine tool industry are specially sold to the field of automobile production. We are now abandoning the wilderness and dismembering the wilderness. There are nearly 20 state-owned enterprises in the province and Xucheng City related to metal cutting, forging and casting, electronic numerical control, tooling and cutting tools, and will likely lose a broad provincial market. In the upstream industry chain, in addition to machinery In addition to the industry, the development of the automobile industry will inevitably also drive the development of textiles, chemicals, rubber, plastics, steel, non-ferrous metals, electronic appliances and other industries. It also has a huge role in promoting the service industry. How strong is the role of the automotive industry in promoting upstream and downstream? There is a relatively recognized international data that is 1 to 10, which means that the automotive industry directly creates 10 billion in added value. Promote the formation of an added value of 100 billion yuan in the society. In countries with relatively developed automobile industries, the number of upstream and downstream related employment directly and driven by the automobile industry can account for 10-15% of the employed population…”

“Shen Huai said that the changes in the situation in the next two years need to revise the target, but it actually saved me some face,” Li Gu said after taking Shen Huai’s words, “Two years ago, I also thought about the direction of the reform of Yuanye Automobile Industry Group. Confined to throwing away burdens, lack of vision for development…”

Li Gu’s words have an aftertaste, but the meaning is also clear.

Xu Pei nodded and said, “Yes, if Huaihai wants to have its own automobile industry, it needs to have its own leading automobile enterprises. There is still a consensus in the province on this point. Previously, Yuanye Automobile Industry Group, in addition to planning to cooperate with BAIC, , and also plans to set up a joint venture car company with Pucheng Group, which should also be considered. However, Pucheng Group still lacks some conditions and can participate, but at this stage, I think Pucheng Group is still unable to play a leading role. , the State-owned Assets Supervision and Administration Office will also carefully select cooperative enterprises…”

Shen Huai saw that Xu Pei wanted to excuse Pu Cheng. He didn’t know if Cao Zhengjiang honestly explained to Xu Pei before they came over, or some other factors, but Zhao Moshi was a very slick head, and he had no way to get out. Chasing after him, taking Xu Pei’s words, he said directly: “The Dongshi Automobile Factory, a township enterprise in Panyuan Township, is a cooperative enterprise that the State-owned Assets Supervision and Administration Office has recently inspected.”

Jiang Yibin scolded inwardly: Except for your side, when did the State-owned Assets Office contact the Dongshi Automobile Factory?

Xu Pei didn’t know what Jiang Yibin and Ding Jianguo were thinking, and said to Shen Huai, “The Dongshi Automobile Factory is a famous township enterprise in Xucheng. I have heard of it; you can talk about the specific situation of Dongshi Automobile.”

“The Dongshi Automobile Factory is not large. After the sedan production line was cut off, it mainly produces pickup trucks and some minivans. The contractors of the Dongshi Automobile Factory, Liu Jian and Liu Jizhou’s uncles and nephews, are also well-known entrepreneurs in Xucheng. Limited to Dongshi Automobile Factory, which is a collective enterprise, the production scale cannot be expanded rapidly. Besides Dongshi Automobile, Liu Jian and Liu Jizhou’s uncle and nephew also established a joint venture to produce engines, transmissions, chassis, car bodies and other automobile production supporting enterprises. On the whole, the overall asset scale of Panyuan Township’s current automobile industry may not be as good as that of Yuanye, but its technical integrity and production management level are much stronger than that of Yuanye. Far away from the wilderness. Although pickup trucks are classified as commercial vehicles, they are technically in the same line as passenger cars. Moreover, the management of the wilderness also complained that Dongshi is based on digging out all the technical backbones of the wilderness. It is understandable that the grievances of the wilderness are hard to dissipate, but the flow of talents needs to be encouraged. Since the current technical management backbone of East Lions has passed from the wilderness, at this time, the East Lions will take over the wilderness. The passenger car sector also has natural convenience, and it is not easy to have problems in connection…”

“Merging Yuanye’s passenger car division with Dongshi will have a catalytic effect of one plus one being greater than one,” said Xu Pei, “but what about the subsequent development?”

“The domestic pickup truck market is small, and Dongshi’s performance in this narrow market is already good, and it has long wanted to enter the sedan market, but due to the lack of permission to enter, even the sedan production line that was built before had to sit idle there. , but Dongshi has always been patiently preparing and waiting for the opportunity to re-enter,” Shen Huai said, “The passenger car department of the wilderness was handed over to Dongshi, and the obstacles to Dongshi’s entry into the car market will be eliminated. Sales, this year, there may be immediate three-fold, five-fold or even higher growth. Of course, such growth is nothing to be complacent. Even if it is a ten-fold increase, if the production capacity is fully utilized, it will only be threefold. The output of 50,000 units. The domestic production and sales of passenger cars may exceed 2 million units this year. If Huaihai Province wants to take a tenth of the share, it needs to form a production scale of 200,000 units of passenger cars. It is considered to be up to the standard. We are still far from this goal. I also talked with Liu Jizhou of Dongshi Automobile Factory. As a township enterprise, Dongshi Automobile Factory has great restrictions on expanding production due to various worries and restrictions, Liu Jizhou said. The ambition to expand production and strengthen Dongshi can only be suppressed temporarily. Now the reform of township enterprises needs to be further deepened, and it is also one of the goals to release the hands and feet of tying enterprise operators. Dongshi Automobile Factory is also on the list of this batch of restructuring. One. Uncle and nephew Liu Jian and Liu Jizhou will transform from the role of contracting operators of Dongshi Automobile Plant for ten years to shareholders and operators. They are closely related to the development of the company and share weal and woe, and subsequent development plans will no longer be bound. Restrictions of the rigid system. When it comes to development funds, we thought we could solve it like this. As the first batch of listed companies in the province, Dongjiang Refinery has actually only had a shell left in the past few years, but we can borrow it from Dongjiang Refinery. This shell issues one billion convertible bonds and injects it into a new car joint venture. Governor Xu said that Pucheng Group can also participate. The convertible bonds are publicly issued, and Pucheng Group buys convertible bonds, and ultimately takes the principal and interest away. Pucheng Group can decide on its own whether it is a person, or whether to convert it to an equity stake in a listed company at an agreed price during the period…”

“What do you think of this plan?” Xu Pei asked Jiang Yibin and Ding Jianguo. After all, the final plan was made by state-owned assets, and Jiang Yibin and Ding Jianguo were nominally one of the main negotiators.

Dongjiang Jinghua is currently controlled by the Provincial State Investment Corporation, but the market value is less than 200 million. The so-called issue of convertible bonds of 100 million, Jiang Yibin can think of who will pay for this billion. Convertible bonds, once the debt is converted into equity, the controlling stake of Dongjiang Jinghua will naturally be transferred from the provincial state investment.

In addition to indirectly participating in the production and operation of the new joint venture automobile enterprise through Dongjiang Jinghua, the Meigang Department casually took away the shell of the listed company Dongjiang Jinghua.

It’s just that Jiang Yibin can’t say that Shen Huai’s plan is bad, and he can’t say what’s wrong with Shen Huai’s plan. Shen Huai’s plan didn’t even refuse Pucheng Group’s participation, and even Zhao Moshi couldn’t say “no” when he gnashed his teeth, so what could he say?

On the bright side, Shen Huai did not reject Pucheng Group’s participation in this proposal, but how much can Pucheng Group buy for the 1 billion convertible bonds? How much are you willing to buy? In the end, didn’t most of them fall into the control of the Mei Steel Department? This also means that in the future, the controlling rights of Dongjiang Jinghua will fall into the control of the Meigang Department~www.readwn.com~ However, Jiang Yibin thought again, if Shen Huai used the shell of Dongjiang Jinghua to operate the province With the development of the automobile industry, how many times will Dongjiang Refinery’s stock price soar in the future?

Moreover, the current 100 million legal person shares of TK Refinery are all under the control of Provincial State Investment Corporation. Even if the debt-to-equity swap in the future leads to the transfer of controlling rights, Provincial State Investment Corporation is still one of the major shareholders of TK Refinery; TK Refinery’s share price exploded. After Zhang, the financial book of the provincial state investment will look much better. These are real interests, otherwise what is the use of grabbing a shell?

Thinking of this, Jiang Yibin felt that it was better to get some benefits first, and nodded and said, “Shen Huai’s plan is very feasible. By issuing one billion convertible bonds, the auto industry in our province can immediately obtain one billion yuan in cash. The capital injection will be used for development and growth, and this year and next two years will be able to leap to a new level and open up a new situation…”

Ding Jianguo naturally said yes.

Xu Pei nodded, Shen Huai could not be completely selfless, but now that the province wants to develop, it cannot refuse the resources of the Meishan Iron and Steel Department to invest in it, and the differences between external participation in the joint venture car company will mainly focus on the one billion convertible The allocation of debt and the price of conversion to shares will not involve the merger of East Lions with the Wilderness Passenger Vehicle Department. In this way, the whole plan can be divided into several parts to carry out, and there is no need to entangle them and drag them out for a year or two. Unable to come up with any clues, he finally nodded and said, “This idea is feasible, and in this matter, the State-owned Assets Supervision and Administration Office must play a leading role.”

Shen Huai also knew that Xu Pei needed to have new political achievements at this time to add color to his new governorship, and he would not hope that the whole thing would drag on without a single progress.