In a certain era, the boundaries between private enterprise bosses and state-owned enterprise bosses were very blurred.

In the eyes of ordinary people, Song Shumin is a big boss and the well-known richest man in Rongping City. In the eyes of the leaders, Song Shumin is just the factory director of many state-owned enterprises, and everything in the factory belongs to state-owned assets.

No one is right or wrong, this is a confusing account.

Let's take a look at Song Shumin's resume. He has entered the palace for the second time this time-

Song Shumin was originally a educated youth from Shenghai City. Because he got married and had children with a girl in the village, he did not choose to return to his hometown. He stayed in the township and became a grassroots civil servant. He then set up a winemaking workshop and gradually developed into a small winery.

In 1982, the spring of reform experienced a "late spring cold" and the provincial "Anti-Speculation Working Group" entered the city.

At that time, the whole country was catching the "speculative" model. The working group was worried about not knowing who to catch, but suddenly saw the Song family's house from a distance on the suburbs of the city. It was a three-story western-style building with white tiles on the exterior wall. It was like a luxury villa in the early 1980s.

So the comrades in the working group said: "You must be a capitalist who can afford such a good house."

After checking, it turns out that the winemaking workshop opened by Song Shumin illegally occupied the wine bottles that should have been supplied to state-owned wineries, and illegally purchased the grain from the city's grain stations for winemaking. Although those wine bottles and grain were paid at high prices, it was indeed an illegal act in the early 1980s.

Moreover, the number of employees in the brewing workshop reached 12. According to the boundaries divided by "Das Kapital", if 8 employees are hired, they belong to capitalists, and there is a phenomenon of "occupying the surplus value of workers".

Song Shumin was sentenced to fifteen years in prison for illegally embezzlement of state-owned assets and taking the capitalist route.

Fortunately, after only half a year in prison, the central government's policies suddenly relaxed, and Song Shumin was released from prison early.

In view of this lesson, Song Shumin did not dare to live in small rural buildings anymore, nor did he dare to expose his wealth. In order to operate legally, he could only affix his winery to the town government, and his nature changed from a private workshop to a social enterprise (i.e., a township enterprise).

The tragedy of the Song family also laid the groundwork. Although the winery was founded by itself, it is collectively owned due to its affiliation and there is no clear division of equity. This is a special historical product of the 1980s.

The famous Kelong and Jianlibao are both like this. The unknown equity has brought endless troubles. In the end, the boss of Kelong was forced to resign, while Jianlibao declined in dispute.

As the central government accelerated the pace of reform, the Song family's winery was in full swing. Especially in the late 1980s, due to the failure of prices and the national financial recession, the central government ordered that "famous wines would not be present". The liquor produced by the Song family took the opportunity to expand the market and received support from the municipal government to become a reception wine for local grassroots units.

Taking advantage of the opportunity of state-owned wineries being trapped in triangular debt, Song Shumin moved around and finally merged the largest state-owned winery in the city.

The Song family not only merged with state-owned wineries, but also merged with the city's hardware factories and plastic factories.

Don’t think this is a good thing. The merged hardware and plastic factories are suffering serious losses. Because they are located in the remote southwest, no one is willing to buy them if they want to sell them, and the factory land has no development value. Every year, Song Shumin needs to take money from the winery to make up for the holes.

At that time, the whole country was doing this. Local governments were troubled by the mess of state-owned enterprises. When they caught a celebrity, they packed up gifts, either engaged in joint ventures, or directly merged. Since it was a township enterprise merger with state-owned enterprises, they were all collective, and there was also a factory secretary who was the housekeeper, and Song Shumin did not even have the qualification to fire a worker.

Song Shumin tried all his might and finally got more power. After emptied the factory secretary, he successfully turned the two state-owned enterprises into profits.

When the municipal government was so happy, it threw several other state-owned enterprises into management at Song Shumin, and even wanted to build a demonstration local group.

In order to gain strong support from the municipal government, Song Shumin had to accept all the losses and seize the loss-making state-owned enterprises.

In fact, losses of state-owned enterprises are nothing, and the random intervention of the factory secretary is nothing. The most terrifying thing is that the company's equity is unclear.

Although Song Shumin is in charge of many companies and has hundreds of millions of assets, he is just a big housekeeper and does not own a penny - even if he runs the winery from scratch.

A few years ago, "quantitative reform" was popular on the coastal side and equity distribution began to be implemented, and many township entrepreneurs became real rich people. Song Shumin also wanted to learn how to play, but Rongping City was remote and the officials' thinking was very rigid, so they did not agree to the so-called "quantitative reform" at all.

Immediately afterwards, Song Shumin consulted an economist and wanted to complete the equity transformation through MBO, but was stopped by the municipal government halfway.

Song Shumin finally chose to take risks. He first went to Singapore under the pretext of entrepreneurship and quietly registered a company and transferred assets. Then, he acquired a Hong Kong company on the verge of bankruptcy under the name of a Singapore company, and then asked someone to start a joint venture under the banner of Hong Kong businessmen to realize the ownership of the management's shares.

Everything went very smoothly, and the municipal government was overjoyed by the Hong Kong capital falling from the sky.

Unexpectedly, there was uneven distribution of the spoils. Some people in the management felt that they had taken less, so they directly reported the report to the province, and Song Shumin was quickly "controlled".

Song Shumin's actual crime was "embezzlement of state-owned assets", but he had his own unique style in the 1990s. In order to avoid damaging entrepreneurs' enthusiasm for reform, this situation is generally convicted of bribery, embezzlement, etc., and the real crimes are not even mentioned, and such cases are emerging one after another.

Song Shumin is actually too impatient. He is still young. As long as he works diligently for a few years, state-owned enterprises will start to be reorganized on a large scale. At that time, he will not need to operate illegally. In order to reorganize political achievements, local officials will inevitably give him shares in a variety of ways. Around 2000, a large number of wealthy people in China made their fortunes like this.

Now, Song Shumin has become a prisoner, and the winery he managed has also been replaced by a factory manager, and he has no relationship with the Song family anymore.

...

In Song Weiyang's memory, since his father was imprisoned, the winery quickly fell into trouble. Under the leadership of the new factory director, nepotism, rigid management, weak marketing, corruption... a series of problems emerged one after another, gradually losing market competitiveness, and finally was merged by a winery in the provincial capital in 1998.

As for our protagonist, Song Weiyang, he has also gone from a rich second generation to a young man in trouble. His family still owes more than 3 million yuan in debt, which does not include the unpaid bank loans.

Yes, debt.

Song Shumin made two preparations and handed over a canning factory on the verge of bankruptcy to his eldest son for his eldest son. Due to the poor situation of the canning factory, the local government did not care. The eldest brother of the Song family easily obtained the full shares of the factory, and with the help of Song Shumin, he quickly turned losses into profits.

According to Song Shumin's idea, even if he committed a crime and went to prison, his family could live a good life with the canning factory.

However, with the rise of health products and the increase in various beverages, and European and American countries have joined forces to anti-dumping China's canned food, the once popular canned fruit market has rapidly declined.

Now the canned factory warehouse is full of overstock, and the dealers are also asking for refunds. In addition, the fruit farmers' payments, workers' wages, and cooperative enterprises are still owed. Brother Song died unexpectedly due to a debt dispute between the canned factory in his previous life.

This is indeed a tragedy.
Chapter completed!