Xie Tang pushed the cart into the yard, looked at Chen Huai, and Li Gu and the others drove through 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?"

"It was Chen Huai. He and Mayor Li took a car to Governor Xu's house." Xie Tang said.

Xie Chengjiang looked out hesitantly again. Seeing that all three cars had turned out, he retracted his free sight and walked into the living room with Xie Tang. Seeing Song Hongjun sitting there without any awareness, he smiled and said, "Chen Huai is majestic in Yuanye Automobile Industry Group today. He just took the car to Governor Xu's house. Have you made any big moves?"

"Ah, when will Chen Huai go to Governor Xu's house?" Song Hongjun asked.

"Just just now, Xie Tang came back from a bicycle and saw him and Li Gu sitting in the car." Xie Chengjiang said.

"Maybe something was called to me temporarily. I didn't hear Chen Huai talk about this in the morning." Song Hongjun said.

"I heard that Yuanye has been discussing cooperation with BAIC and Pucheng for a while. The cooperation plan with BAIC and Pucheng has also been well recognized in the province. If you intervene now, will there be great resistance? Governor Xu called Chen Huai over at this time. Is it related to this matter?" Xie Chengjiang asked.

"I don't know much about the situation. I can only wait until Chen Huai has met Governor Xu before I call him." Song Hongjun said evading the important matter, and naturally he would not disclose Chen Huai's overall plan to Xie Chengjiang and the others for no reason.

Xie Zhi sat on the sofa opposite. Thinking of seeing a lot of information about the development of the automobile industry at Shen Huai’s residence on New Year’s Eve, she guessed that Chen Huai might have to take a knife against the Yuanye Automobile Industry Group that he could reach. She then learned about some considerable materials and found that the situation involved in Yuanye Automobile Industry Group is quite complicated.

In addition to BAIC's intention to build a new production base in Xucheng, Zhao Moshi of Pucheng Group has also planned to enter the car market. Chen Huai's involvement in this matter is considered a tiger's mouth to seize food.

When Xie Zhi saw her father, uncle, Ye Xuanfeng and Hongqi, she kept silent and thought to herself, if Song Hongjun hadn't been here, they would probably have said anything nice, right?

"Pu Cheng and Yuanye have negotiated first, and almost all have to reach an agreement. Moreover, the relationship between Pu Cheng and Zhao Moshi and Governor Xu is extraordinary. Governor Xu called Chen Huai over at this time, probably because he was asking for punishment?" Xie Chengjiang looked at Song Hongjun and expressed his guess.

Song Hongjun smiled in his heart and thought to himself that the people in the room probably wanted to see Chen Huai being taken over by Xu Pei to raise an army to question him?

Although Song Hongjun had not spoken with Chen Huai at night, he did not confirm that Xu Pei called Chen Huai and others at this time, was it just for the restructuring and reorganization of Yuanye Automobile, the biggest variable in the whole thing was Xu Pei. How could they not have detailed analysis and speculation on Xu Pei's possible attitude?

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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 yard, shook hands with Li Gu, Jiang Yibin, Chen Huai and Ding Jianguo very politely, and said, "Governor Xu is waiting for you to come in the study," he held Chen Huai's hand enthusiastically, patted the back of his hand, and said, "The province's automobile industry is revitalizing and developing, Governor Xu is guessing that you have a grand plan and waiting for you to come and play."

Hearing Cao Zhengjiang said this, Chen Huai smiled and said, "Secretary-General Cao, you are polite me. The provincial leaders are concerned about the revitalization and development of the automobile industry in the province, and the planning department is under the control of the planning department. Even if the State-owned Assets Office cooperates, Secretary Jiang will take the lead..."

"Director Chen wants to roast me on the stove. This is not possible," Jiang Yibin laughed, looking intimate, pushed Li Gu's shoulders and asked him to go in first, saying, "You must send someone to roast on the stove and let Mayor Li come first..."

Just now at the Ying Guesthouse, Chen Huai slapped Zhao Moshi's aura and wanted to pull Pu Cheng to the same starting line as Dongshi Auto to compete with a new plan. Jiang Yibin could think that Chen Huai should have prepared a relatively mature plan to block Zhao Moshi's verbal words, but he was still a little hesitant about Governor Xu Pei.

Did Cao Zhengjiang have helped Zhao Moshi exert some unnecessary influence on Governor Xu Pei before? It is not important. What is important is that Cao Zhengjiang's attitude has changed at this time, which means that the whole thing is still under the control of Shen Huai.

The situation was called Chen Huai's complete control, and Jiang Yibin felt uncomfortable, but it was more relieved than having a fall in love with Governor Xu Pei.

This year, just a few days after the Spring Festival, the temperature rose to more than ten degrees. Some roses bloomed in the corner of the yard, but they did not wither in the cold winter.

Cao Zhengjiang's level was also transferred, and now he is the deputy secretary-general of the provincial government and the director of the general office. Since he was always in the yard and talking, Chen Huai naturally would not force himself to expose it. Chen Huai also fought with Li Gu, Cao Zhengjiang, Jiang Yibin and others, and walked into the house with a smile on his face.

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

Xu Pei was just in his fifties and was full of energy, but due to long-term fatigue, his eyes were a little presbyopic. He would wear a pair of glasses when reading documents. When he saw Cao Zhengjiang leading Li Gu, Chen Huai, Jiang Yibin and others in, took off the reading glasses, and said:

"You and Yibin went to Yuanye Automobile Industry Group for investigation today. When they were in the Dazhou Dayian of Yuanye, they called me to file a complaint. I ignored him. The purpose of establishing the State-owned Assets Office is to strengthen supervision of the state-owned assets system. Although the State-owned Assets Office is to temporarily establish a regulatory leadership group, it is also to grasp the general direction and not go astray. The leading group does not participate in the drafting process of the specific restructuring and restructuring plan for provincial state-owned enterprises. However, from today's situation, the State-owned Assets Office and the enterprise are still somewhat different from the enterprise's restructuring and restructuring... The opinions of the enterprise, I went to Yuanye Automobile Industry Group to conduct research and listen to their reports. Now I want to hear your State-owned Assets Office's opinions. Is it Yibin or Chen Huai, you said?"

Chen Huai glanced at Jiang Yibin. Jiang Yibin thought that Xu Pei's words were all for Chen Huai. Although he was so sad, he knew that it was only 25 that he could only get jealous of Chen Huai at this time. He said, "Chen Huai is in charge of the restructuring and restructuring of provincial state-owned enterprises. Chen 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.

"The separation of government and enterprises should give enterprises greater business autonomy. This is the focus of state-owned enterprise reform at this stage," Chen Huai sat down and said slowly, "I can imagine what Zhou Dainian would sue me. He would probably accuse me of the State-owned Assets Office for serious interference with the independent operation of Yuanye Automobile Industry Group. The company operates well and state-owned assets are in the development of value-added development. We should give enterprises more business autonomy and cannot interfere with administrative orders. However, Yuanye Automobile Industry Group has audited a total of nearly 2 billion yuan, and the responsibility rate is more than 70%. This has not included the unsold inventory. If the unsold inventory of nearly 400 million yuan is proposed, Yuanye Automobile Industry Group with a total assets of nearly 2 billion yuan, the net assets may be only more than 200 million yuan. Such enterprises, with the province and the State-owned Assets Office, want operation autonomy. Governor Xu, what do you think about this matter?"

When Jiang Yibin saw Chen Huai sitting down, he showed murderous aura when he was suddenly shocked. He thought that Zhou Dainian probably didn't expect that if he failed to complain, would he ask Chen Huai to make a fuss?

Xu Pei frowned and said, "Reform requires separation of government and enterprises. To reduce the interference of administrative orders on enterprise operations, the key issue should be returned to the establishment of a modern enterprise system. It is not just laissez-free. The operating situation of Yuanye Automobile Industry Group is so unoptimistic. The State-owned Assets Office should actively intervene. This is also the original intention of establishing the State-owned Assets Office. We must strengthen the supervision of operating state-owned assets."

Although Zhou Dainian was an official of a deputy department-level state-owned enterprise, Xu Pei had long been worried about the dilemma of many state-owned enterprises. Chen Huai wanted to kill the chicken and scare the monkey, but he would not object.

"Governor Xu, what you said is that one of the cores of the modern enterprise system is to distinguish rights and responsibilities. Even if the State-owned Assets Office can wipe the butt of Yuanye Group clean, there is no reason not to hold the parties involved accountable. Of course, the supervision work is under the charge of Secretary Yibin, so I won't rob Secretary Jiang's words..."

Seeing that Jiang Yibin was not getting the benefits, he was pushed out by Chen Huai as a knife for killing people, and wanted to jump out and kick this doggy. But at this time, he could only agree vaguely: "Although the State-owned Assets Office was newly established and many rules and regulations are in the drafting stage, the regulatory system corresponding to rights and responsibilities must be implemented first."

Ding Jianguo sat next to him, and there was nothing to say. What Chen Huai was talking about in front of Governor Xu Pei was saying. If the net assets of Yuanye Automobile Industry Group were only more than 200 million points left, and one or two people were indeed needed to be held responsible. He thought to himself that Zhou Dainian was relying on his retiring soon and did not expect to be promoted, thinking that he could fight against Chen Huai unscrupulously. How could Chen Huai be ruthless in the first fire? In the eyes of Governor Xu Pei, Zhou Dainian was a worthless abandoned son. Cao Zhengjiang has retreated now. Can Zhou Dainian still expect Zhao Moshi to stand up and plead for him in front of Governor Xu at this time?

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

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

"No one wants Yuanye Group to become a huge burden and smash it into his hands. Taking out the assets and reorganizing them before they are lost can be considered a problem. As for the State-owned Assets Office, it is correct to have such an idea. When we solve the problem, we must first establish goals, then break down the goals, formulate plans, and then implement them. However, in the past two years, the situation has developed and changed. The goals set two years ago are adapted to the situation two years ago, but today two years later, it may not be suitable, and we cannot stick to the situation."

"Well," Xu Pei nodded and said, "You can tell you what major changes have occurred in the situation in the past two years."

"Two years ago, the domestic automobile, especially the passenger car market, developed relatively slowly, and the main demand was concentrated on taxi cars. Enterprises and institutions, and the private demand was extremely limited. However, in 1998 and 1999, the demand for private cars and micro passenger cars increased sharply, and this year it will exceed taxi cars and enterprises and institutions, becoming the largest market demand for passenger cars. With the development of the economy, the increase potential of private car demand is that taxi cars and enterprises and institutions are far from comparable to cars, and there will be explosive growth in the future. This 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. Just this point, they are unqualified management in my mind." Chen Huai said.

Regarding the judgment of the economic and industrial development situation, no one here has more say than Chen Huai. Xu Pei nodded and signaled Chen Huai to continue speaking.

"In 1992, Yuanye introduced technology and production lines from Japan to produce passenger cars mainly based on cars. It was completed in 1994 and was still popular for a few months," said Chen Huai. "But the previous round of economic overheating began in 1992, 1994 and 1995, and there were some serious consequences, and it also appeared in the automobile industry. As the car assembly lines that were launched in various places sprung up like mushrooms after a rain, Yuanye's performance declined under severe market competition conditions, resulting in the continuous large-scale losses in 1995, 1996, 1997. It was the first major factor that Yuanye wanted 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 implemented the production license catalog, and the car assembly lines, including Dongshi, were shut down one after another, which actually brought a huge turnaround for Yuanye. The group management did not expect to seize this turnaround and revitalize the market, but only thought that the license system in his hand might be worth some money and was eager to resell it. This mentality means that they are not qualified corporate management."

Jiang Yibin glanced at Cao Zhengjiang, and Cao Zhengjiang was very serious about holding a notebook to record Chen Huai's words. It seemed that Chen Huai's speech was more important than Xu Pei's speech.

Jiang Yibin secretly felt that Chen Huai was going to take away the management of Zhou Dainian and other fields, and peel a clean field and give it to Dongshi?

"Haha," Xu Pei laughed and said, "You have been transferred to the province for three months. It turns out that you are planning to make a big splash. It seems that you have done a lot of homework for how to reorganize Yuanye Automobile Industry Group and how to develop the automobile industry in the province. So you can just let go and talk about it."

"The situation has changed dramatically in the past two years, and the initial goals established need to be revised," said Chen Huai. "The main goal of Yuanye Automobile Industry Group is to ensure the appreciation and growth of state-owned assets. At the same time, as the leading automobile enterprise in the province, it must play a role in driving the comprehensive development of the automobile industry in the province. The automobile industry itself is only one aspect, and the automobile industry has a huge impact on the upstream and downstream, which is something we cannot ignore. Cooperating with BAIC can only reduce losses, not increase value, and will also give up the huge market with great room for growth in the future. Cooperating with BAIC, Yuanye's production department is included in BAIC's production system and is responsible for the production of a small number of parts and a small number of complete vehicles for BAIC, which will not play a role in bringing the rise of the automobile industry in the province..."

Chen Huai continued: "In countries with relatively mature automobile industries in Europe and the United States, there are a lot of data that we must refer to. 40% of the products in the machine tool industry are specially sold in the field of automobile production. We now give up the fields and dismember the fields. Nearly 20 state-owned enterprises related to metal cutting, forging and casting, electronic CNC, work-based cutting tools, etc., and Xucheng City, will likely lose a broad provincial market. In the upstream industrial chain, in addition to the machinery industry, the development of the automobile industry will inevitably drive textiles, chemicals, rubber, plastics, steel, and non-ferrous metals. The development of electronic and electrical industries has also played a huge role in promoting downstream road construction, road transportation, petrochemicals, automobile sales, maintenance, insurance, cleaning and other services. How strong is the driving force of the automobile industry to upstream and downstream? There is a relatively recognized data in the international community that is 1 to 10, which means that the automobile industry directly creates an added value of 10 billion, which promotes the society to form an added value of 10 billion. In countries with relatively developed automobile industry, the proportion of upstream and downstream related employment directly and driven by the automobile industry can reach 10-15% of the population..."

"Chen Huai said that the situation changes in the past two years need to be corrected, but in fact, it left me some face," Li Gu took over Chen Huai's words and said, "Two years ago, my thinking on the direction of restructuring of Yuanye Automobile Industry Group was also limited to getting rid of the burden and lacking the vision of development..."

Li Gu's words leave a sense of lingering, 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 companies. The province still has a consensus on this. Previously, Yuanye Automobile Industry Group, in addition to planning to cooperate with BAIC, also planned to establish a joint venture car company with Pucheng Group, and should also have considerations in this regard. However, Pucheng Group's conditions are still lacking, and participation is OK, but at the moment, I think Pucheng Group still cannot play a leading role. The State-owned Assets Office also needs to carefully select cooperative enterprises..."

Chen Huai saw that Xu Pei was interested in excusing Pu Cheng, and he didn't know if it was Cao Zhengjiang who honestly explained to Xu Pei before they came over or some other factors, but Zhao Moshi was a very slippery head. If he wanted to escape, he couldn't chase him. He took Xu Pei's words and said directly: "Dongshi Auto Factory, a township enterprise in Panyuan Township, is a cooperative enterprise that the State-owned Assets Office has recently focused on inspecting."

Jiang Yibin cursed in his heart: Apart from your side, when did anyone contact Dongshi Automobile Factory when did the State-owned Assets Office contact?

Xu Pei didn't know what Jiang Yibin and Ding Jianguo were thinking, so he told Chen Huai: "Dongshi Automobile Factory is a famous township enterprise in Xucheng. I have heard of it; let's talk about the specific situation of Dongshi Automobile."

"The scale of Dongshi Automobile Factory is not large. After the car production line was cut off, it currently mainly produces pickup trucks and some minivans. The contractors of Dongshi Automobile Factory, Liu Jian and Liu Jizhou, are also relatively famous entrepreneurs in Xucheng. They are limited to Dongshi Automobile Factory being a collective enterprise, and the production scale cannot be expanded rapidly. In addition to Dongshi Automobile, Liu Jian and Liu Jizhou also jointly established automobile production supporting enterprises such as engines, gearboxes, chassis, and sedans. Overall, the overall asset scale of Panyuan Township's current automobile industry may not be as good as the wilderness, but the technical integrity and production management level must be strong. A lot of passes through the wilderness. Especially the pickup trucks produced by Dongshi have already thrown off the wilderness in the market. Although the pickup trucks are classified as commercial vehicles, they are technically in line with passenger cars. Moreover, the management of the wilderness also complained that Dongshi developed on the basis of poaching all the technical backbones of the wilderness and stepping on the corpses of the wilderness. The resentment of the wilderness is difficult to eliminate, which is understandable, but the flow of talents needs to be encouraged. Since Dongshi's current technical backbones have all passed by the wilderness, the passenger car department of the wilderness will have natural convenience and are not prone to connection problems..."

"The merger of Yuanye's passenger car department and Dongshi will have a catalytic effect of one plus one greater than one," Xu Pei said, "but what about the subsequent development?"

"The domestic pickup truck market is small, and Dongshi's performance in this narrow market is already good. He has long wanted to enter the car market, but he has suffered from the lack of an entry permit. Even the car production line that was invested in the past has to be idle. However, Dongshi has been patiently preparing and waiting for the opportunity to re-enter," said Chen Huai. "The passenger car department of Yuanye handed over to Dongshi to take over. The obstacles to Dongshi's entry into the car market before will be eliminated. Previously, the production and sales of cars in the province may have been three times or five times immediately this year. To a higher growth. Of course, there is nothing to be complacent about such growth. Even if it is a ten-fold increase, the production capacity will be only 30,000 to 50,000 units at the highest level. This year, the domestic production and sales of passenger cars may exceed 2 million. If Huaihai Province wants to occupy a 100 share of it, it must form a production scale of 200,000 passenger cars to be considered as a standard. We are still far from this goal. I also talked with Liu Jizhou of Dongshi Automobile Factory that Dongshi Automobile Factory, as a township enterprise, has a lot to expand production. Due to various hindrance and restrictions, Liu Jizhou expanded production and strengthened Dongshi's ambitions could only be temporarily suppressed. Now the restructuring of township enterprises should be further deepened, and relaxing the hands and feet of tied business operators is also one of the goals. Dongshi Automobile Factory is also on one of the restructuring lists of this batch. Liu Jian and Liu Jizhou's uncle and nephew will transform from the role of Dongshi Automobile Factory as a contractor manager for ten years to become shareholder operators, which is related to the development of the enterprise and share honor and disgrace. The subsequent development plan will no longer be tied to the rigid system. Restrictions. When it comes to development funds, we think it can be solved in this way. Dongjiang Jinghua, as the first listed company in the province, has actually only one shell left in the past few years. However, it can use Dongjiang Jinghua's shell to issue a billion-dollar convertible bond and inject a new car joint venture. Governor Xu said that Pucheng Group can also participate. The convertible bonds are publicly issued. Pucheng Group purchases convertible bonds and ultimately leaves with principal and interest, or converts them into equity held in the listed company at the agreed price during the period. Pucheng Group can decide on its own..."

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

Dongjiang Jinghua is currently controlled by Shengguo Investment, but its market value is only less than 200 million yuan. As the so-called issuance of convertible bonds of ten billion yuan, Jiang Yibin can think of who would pay to purchase these ten billion yuan of convertible bonds with his toes. Once the debt is converted into equity, Dongjiang Jinghua's controlling rights will naturally be transferred from Shengguo Investment.

In addition to indirectly participating in the production and operation of the new joint venture automobile company through Dongjiang Jinghua, the Meigang Group also took away the shell of the listed company Dongjiang Jinghua, and it really didn't want to wipe the mouth if it snatched it.

But Jiang Yibin couldn't say that Chen Huai's plan was bad, and he couldn't say what was wrong with Chen Huai's plan. Chen Huai's plan did not even refuse Pucheng Group's participation. Even Zhao Moshi gritted his teeth and couldn't say that it was "bad". What could he say?

On the surface, Chen Huai did not refuse the participation of Pucheng Group in this plan, but how much can Pucheng Group buy a convertible bond of one billion yuan? How much is it willing to buy? In the end, most of it fell into the control of the Meigang System? This means that in the future, Dongjiang Jinghua's controlling stake will fall into the control of the Meigang System.

However, Jiang Yibin thought in his heart that if Chen Huai used Dongjiang Jinghuai's shell to operate the development of the province's automobile industry, how many times would the Dongjiang Jinghua's stock price soar in the future?

Moreover, Dongjiang Jinghua's current 100 million legal shares are under the control of Shengguo Investment. Even if the future debt-to-equity conversion will lead to the transfer of controlling rights, Shengguo Investment will still be one of the major shareholders of Dongjiang Jinghua. After the stock price of Dongjiang Jinghua explodes, Shengguo Investment's financial books will be much better. These are real interests, otherwise what's the use of seizing a shell?

Thinking of this, Jiang Yibin felt that it would be better to get some benefits first, and nodded and said, "The feasibility of Chen Huai's plan is still extremely high. If you issue one billion convertible bonds, the automobile industry in our province can immediately obtain one billion in capital injection for development and growth. It will leap to a new level in the next two years and open up a new situation..."

Ding Jianguo naturally agreed.

Xu Pei nodded. Chen Huai could not be completely selfless, but now the province needs to develop, and the resources of the Meigang Series cannot be rejected from being invested in. Moreover, the differences between external joint venture car companies will be mainly concentrated on the distribution of one billion convertible bonds and the conversion price. It will not involve the Dongshi's merger of Yuanye passenger car department. In this way, the entire plan can be divided into several parts and carried out, without having to be entangled for a year or two and cannot be reached. He finally nodded and said: "This idea is feasible, and in this matter, the State-owned Assets Administration must play a leading role."

Chen Huai also knew that Xu Pei needed new political highlights at this time to add color to his newly appointed governor throne, and would not hope that the whole thing would be delayed without any progress.
Chapter completed!