Chapter 608 Time is running out

Is Fang Mingyuan really not interested in Qinxi Calendering Equipment Factory at all? In fact, that is not the case at all. In reality, as Fang Mingyuan said, the factory area, equipment, and production processes of Qinxi Calendering Equipment Factory have all

It is lagging behind, not to mention compared with the international level, even compared with the same type of domestic manufacturers, it is also obviously lagging behind. The real value is actually those who have been working for more than ten years or decades.

Old workers. But in today's China, people are the least valuable. A large number of state-owned enterprise workers are facing the problem of re-employment after being laid off. Qinxi Province is also a large industrial province and a large province of military industrial enterprises. This

Skilled workers, to put it harshly, are available in large numbers. If Fang Mingyuan wants to recruit workers, he doesn't have to worry about ordinary workers at all.

But the Qinxi Calendering Equipment Factory has a completely different meaning to Fang Mingyuan. Among the first and second generations of the Fang family, except for the second uncle, the rest can be said to have come from the Qinxi Calendering Equipment Factory.

, in the factory, there are their former colleagues, friends and many memories. Although his parents and grandfather have not mentioned it much, Fang Mingyuan knows that they have deep feelings for Qinxi Calendering Equipment Factory.

The acquisition of Qinxi Calendering Equipment Factory can satisfy the feelings of his grandfather and parents on the one hand, and on the other hand, it can also be used to enter China's steel industry. This is Fang Mingyuan's original purpose. As for the factory area and equipment of Qinxi Calendering Equipment Factory,

Whether the production technology is advanced or not, it doesn't matter. But these words can only be hidden in the heart, and cannot be said to the outside world. Many people in the Chinese officialdom, hehe, giving them a plaque saying "The sky is three feet high" is nothing.

portion.

If Fang Mingyuan dares to admit that he is very interested in Qinxi Calendering Equipment Factory, a factory on the verge of bankruptcy, they will dare to ask you to pay hundreds of millions of yuan to take advantage of it. Of course, if Fang Mingyuan is like those second- and third-generation officials

If you are greedy, you can also get the Qinxi Calendering Equipment Factory without spending a penny. Of course, there will be many hidden dangers in the future, and Fang Mingyuan disdains to do that.

Li Dongxing and Lu Liang said a few words, and Fang Mingyuan also walked down the steps to express his opinion about the Provincial Department of Machinery Industry.

The meaning of the Provincial Department of Machinery Industry is very long, but also very short. The very long means that they actually issued a draft agreement for the transfer of shares, which has seven or eight articles. The short means that the core meaning is that the Provincial Department of Machinery Industry intends to transfer the shares.

Qinxi Calendering Equipment Factory holds up to 49% of the shares, and the Provincial Department of Machinery Industry’s asking price for these shares is 110 million yuan!

To be honest, Fang Mingyuan almost got angry at that time! I don’t know which leader of the Provincial Department of Machinery Industry ordered this, but he really took the Qinxi Calendering Equipment Factory as a piece of cake, with 49% of the shares

, if it is worth 110 million yuan, doesn’t that mean that in their eyes, the Qinxi Calendering Equipment Factory is worth at least 200 million yuan? For 200 million yuan, is it worth the money that the Qinxi Calendering Equipment Factory is selling now?

One-tenth of this money is hard to say!

Li Dongxing and Lu Liang were also dumbfounded at the time. They did not expect that the Provincial Department of Machinery Industry would actually come up with such a damn cooperation draft. Although they did not know the details of the Qinxi Calendering Equipment Factory very well, after all, it was

It is a provincial enterprise, but as for the general situation of Qinxi Calendering Equipment Factory, the two of them have worked in Pingchuan for many years, so they know something about it. The economic benefits of Qinxi Calendering Equipment Factory have not been good, and it has been losing money since the late 1980s.

, although there has been a slight improvement in recent years, it is not due to Qinxi Calendering Equipment Factory's own factors, but due to the improvement of the general environment in Pingchuan County. Forty-nine percent of the shares of such a company,

How dare you ask for 110 million yuan? All they can say is that the leaders of the Department of Machinery Industry have been kissed on the head by a donkey!

It’s true that the Fang family is rich, but for such a factory, spending 100 million yuan to get 49% of the shares is nothing. Is the Fang family being taken advantage of? If I had known it was the cooperation draft of the Provincial Department of Machinery Industry.

They don't care about this.

Wu Qiangxu could see that the expressions of Li Dongxing and Lu Liang were a little ungrateful. He also felt that given the current situation of Qinxi Calendering Equipment Factory, let alone selling 49% of the shares for 100 million yuan, the entire factory would be sold.

If I could get back 100 million yuan, I would be grateful. But this is the intention of Mei Yuanze, the party committee member of the Provincial Department of Machinery Industry. The Fang family leases the right to use the Fengtong Railway and pays 100 million yuan to the Fengyuan Railway Bureau every year.

Diversified user fees are not a secret among the senior officials of Qinxi Province. And everyone also knows that the Fengyuan Railway has not made a penny in the past ten years under the Fengyuan Railway Bureau.

The railway bureau provides subsidies.

Therefore, Ume Yuanze believed that since the Fang family has been trying to acquire the Qinxi Calendering Equipment Factory, it would be okay to give them some shares of the Qinxi Calendering Equipment Factory. After the reform and opening up policy has been implemented for so many years, private enterprises

Mergers and acquisitions of state-owned enterprises are nothing new in the southeastern coastal areas. Since the Qinxi Calendering Equipment Factory is in ruins and is facing insolvency, it would be a good result to transfer it to the Fang family and recover a sum of funds.

.

Seeing the favorable conditions offered by the Fang family to the Fengyuan Railway Bureau, Mei Yuanze believed that since the Fang family was so interested in the Qinxi Calendering Equipment Factory, they might as well offer a high price. In this case, it would also be a good political achievement.

.And considering that there are few industries under the Fang family’s name that do not make money, Mei Yuanze feels that it is not appropriate to completely transfer the Qinxi Calendering Equipment Factory to the Fang family. What if the Qinxi Calendering Equipment Factory is resurrected from the dead in the future?

Wouldn’t there be no more benefits to be gained? This deletion and modification finally led to the current result.

"Director Wu, I have a few questions. I hope Director Wu can answer them truthfully." Fang Mingyuan put down the draft in his hand and said sternly, "I won't mention the current assets of Qinxi Calendering Equipment Factory, but its

What is the liability? If I buy this 49% share, do I still need to bear this debt?"

Wu Qiangxu hesitated and said: "I don't know the specific amount of debt, but if the Fang family becomes a shareholder of Qinxi Calendering Equipment Factory, the factory's debt will naturally be shared in proportion." In fact, he knew it very well.

It is said that Qinxi Calendering Equipment Factory's debt last year was as high as 40 million yuan, and it will definitely only rise but not fall this year.

"So after taking shares, how will the positions of chairman, general manager, and financial director of the factory be distributed? What about the members of the original party committee of the factory?" Fang Mingyuan then asked. The reason why Qinxi Calendering Equipment Factory has fallen to this point is that the factory's

The former party committee members have unshirkable responsibilities. Not only do they frequently intervene in the business activities of Qinxi Calendering Equipment Factory, but they also wantonly expand the number of party committee members. There are more than 230 employees in the party committee department of Qinxi Calendering Equipment Factory alone.

Seventy-eight percent of the total number of employees. If you include the employees in the department of the Qinxi Calendering Equipment Factory, this number reaches nearly seventeen or eight percent of the total number of employees. In other words, nearly five

One-third of the employees are non-frontline workers and work purely in offices.

"Master Fang, of course the members of the factory party committee must be retained. Don't forget, this is still a state-owned enterprise, and the leadership of the party committee is indispensable!" Wu Qiangxu frowned and said, "You can be the deputy director of the factory.

Please recommend one person to serve."

Fang Mingyuan was so angry this time that he didn't even bother to say anything. The Provincial Department of Machinery Industry really thought that the Fang family had been taken advantage of, and the lion came here to open his mouth. It invested 110 million to buy a factory that might already be insolvent.

You can only get 49% of the shares, you still have to bear the factory's debts, and you still have to retain the factory's cadres. Even if you send a deputy director, the party committee leader and the factory director are not your own.

Next, what role can it play in the factory?

"In this case, Director Wu, Li ***, and County Magistrate Lu, our Fang family needs time to consider this matter. If we are interested, we will naturally discuss it in detail with the Provincial Department of Machinery Industry in the future." Fang Mingyuan

Before the words were spoken, everyone present understood that the Fang family had tactfully rejected the proposal of the Provincial Department of Machinery Industry.

Wu Qiangxu wanted to say something more, but Fang Mingyuan no longer gave him a chance and immediately turned the topic to how to relieve the families of the employees of the Qinxi Calendering Equipment Factory who were injured in the accident.

After sending away Li Dongxing and his party, Fang Mingyuan returned to his study and continued to look through the information about Khordokovsky. He was thinking about how to obtain the maximum benefit from the transfer of Yukosky Oil Company.

Today's Russian government can be said to be heavily in debt and its fiscal deficit continues to rise. In order to change this predicament, the Russian government under the leadership of Yeltsin and Gaidar will implement economic privatization. That is, the state will use oil and metallurgical enterprises to

State-owned shares were used as collateral to obtain loans from Russian private banks. This undoubtedly provided a godsend opportunity for Russia's emerging plutocrats to accumulate original capital. Because in the equity transfer, state-owned shares were sold at a price far lower than the actual value.

For example, Menatep Bank controlled by Hordokovsky purchased nearly 80% of the shares of Yukosky Oil Company at a low price of more than 300 million U.S. dollars. Two years later,

The market value of Yukosky Oil Company suddenly rose to nearly 10 billion U.S. dollars, and Hordokovsky became rich overnight.

Similar to his situation, there are a few upstarts who embezzled state-owned assets through illegal means during Russia's privatization. They later formed the eight major chaebols that monopolize the lifeline of the Russian economy. They basically controlled the country's oil and gas, power, metallurgical enterprises and finance.

Industry. Become the world's new richest man.

"This year is 1993. If I remember correctly, Khordokovsky should have been arrested in 2004 or 2005, that is to say, almost ten years ago." Fang Mingyuan

While writing and scratching on the paper, I was thinking about it in my mind.

At that time, the Russian government sentenced Hordokovsky to eight years in prison on charges of "fraud and infringement of property rights; malicious violation of court orders; personal tax evasion; and conspiracy to steal state property." But in 2010, Fan Mingyuan

Before his death, news came from Russia that the Russian court planned to add an additional eight years to Hordokovsky's sentence for "stealing crude oil and laundering money through criminal channels." This means that Hordokovsky

He would not be released from prison until he was nearly sixty years old. At that time, Putin was not only re-elected as president, but also became prime minister for at least one term.

In fact, these crimes are just for the world to see. The real reason why Hordokovsky was imprisoned was that he was challenging Putin's authority. He did not realize that the governance of Putin and Yeltsin were completely different.

It is said that at a tea party in the Kremlin, newly-appointed President Putin convened a meeting of Russian oligarchs. During the Yeltsin era, these oligarchs actually controlled the power of the country. Putin decided to end it all. The deal was simple. Putin told them not to interfere in politics.

, the government would not hold them accountable for enriching themselves during the privatization process in the 1990s. However, Khordokovsky and others did not pay any attention to Putin. Putin was very angry about this.

Later, Khordokovsky planned to transfer 40% of the shares of Yukosky Oil Company to the American oil consortium, and through transactions, realize the real estate properties such as oil wells and infrastructure owned by Yukosky Oil Company, and acquire them from abroad.

Obtain huge amounts of money and become a real billionaire with hundreds of millions in cash in the West.

This behavior angered Putin even more. In Putin's view, this behavior of Hordokovsky was not selling the shares of Yukosky Oil Company, but selling Russia. Because at that time Yukosky

The oil production of oil companies has reached close to one-third of Russia's total oil production. The improvement of the Russian government's financial situation at that time was largely due to the rise in international crude oil prices. Taxes from oil exports and the oil industry accounted for

It accounts for 30 to 40 percent of the Russian government's fiscal revenue. And many experts believe that in today's era, if it can control up to 10 percent of the national fiscal revenue, its influence will be enough to radiate throughout the country.

Therefore, in Putin's view, selling Yukosky Oil Company means transferring the country's financial control to foreign companies. In this case, the American consortium that controls Yukosky Oil Company can put pressure on the Russian government.

The most powerful lever. This is not only related to the success or failure of Putin's reforms and the survival of Putin's regime, but also to the future and destiny of the Russian country. Therefore, the unlucky Comrade Hordokovsky has no choice but to go to jail.

Yukosky Oil Company was later broken up.
Chapter completed!