Countercurrent 1982

Chapter 1508 Major Opportunity
But Duan Yun also understands that even if the valuation of Longteng Machinery Processing Factory is low, as long as it can be listed on the Shenzhen Stock Exchange, the stock price will rise quickly. Even if it is not as good as a real estate company, it will not be a problem to double within a year.

Regarding the issue of splitting the shares of Longteng Machinery Processing Factory for listing, it is basically consistent with Tianyin Real Estate Company’s plan. The group company holds 60%, 20% is issued to specific targets, and the remaining 20% ​​of the shares will be publicly issued.

The current director of Longteng Processing Plant is Zhang Weiguo, who was recruited by Duan Yun two years ago through public recruitment with a high salary. Zhang Weiguo used to be the deputy chief engineer of Dandong Automobile Factory, and he was engaged in the automobile production industry for more than 20 years. Because of this reason, there was no hope of being promoted to the chief engineer of the factory, so he chose to stay without pay and was laid off. He came to Shenzhen to start a business. After seeing Tianyin Group recruiting the management personnel of the machining factory, he chose to apply. Finally, he stood out among more than 100 candidates and became Tianyin. The director of the sound machine processing factory.

It is very important for Duan Yun to choose the executives of the subsidiaries of his group, which is to make sure that the counterparty has a technical background and be as young as possible. It is precisely because of this that he is in the prime of his 40s and has served as a vice president of a large state-owned enterprise. Zhang Weiguo, the chief engineer, best met Duan Yun's selection criteria. After more than two months of internships and inspections, he proved that this person had outstanding technical and management skills, and Duan Yun immediately signed a formal employment contract with Zhang Weiguo for 5 years. monthly salary, and also enjoy the benefits of housing allocation, and finally this general was left behind.

In fact, in the early years, Duan Yun also wanted to train his two apprentices, Dajun and Erhu, to manage the machining factory. Arranging and managing the company's fleet and logistics can be regarded as making the best use of people.

In the first few years when he first came to Shenzhen, hiring a senior engineer from a large state-owned enterprise would have been unthinkable for Duan Yun, but now the national conditions have changed tremendously. With advanced technology and equipment, more and more technical and management talents from state-owned enterprises have actively sought to work in Tianyin Group.

This situation reflects from one aspect the development trend of state-owned enterprises and private enterprises ebb and flow. In fact, after entering the 90s, especially after experiencing some turmoil last year, many state-owned enterprises have been on the verge of bankruptcy. However, due to the poor performance of the enterprise, the salaries of workers and cadres have dropped again and again, which is a very big blow to the morale of the employees of state-owned enterprises.

So now many workers working in state-owned enterprises, the only thing they can be proud of is the title of "iron rice bowl". "Working for private enterprises makes more money" has become the consensus of more and more Chinese people.

The competition in the society is cruel, and there is also a very harsh competition within the Tianyin Group. Cheng Qingyan implemented the elimination system for the last position of employees a few years ago and it is still continuing, and the assessment of middle and senior management personnel is becoming more and more stringent. Those who fail to meet the assessment requirements are directly replaced. Even if they are old employees who have worked in the factory for several years, no one can lie comfortably on the credit book for a lifetime.

It is precisely because of this that there is a saying in the workplace in Shenzhen that Tianyin Group is a "cold-blooded" company with insufficient human touch, but even so, the salary far higher than other companies in Shenzhen still makes Tianyin The group has become the first choice for many highly educated talents in Shenzhen, and the survival of the fittest will continue.

In order to deal with the listing of the Longteng machine processing factory, the group company has also worked overtime for several nights to collect and sort out relevant information. They have to report the information to the SZ Municipal Government before May [-]st Labor Day. After passing the review, the end of the year will be officially listed.

"The spin-off and listing of the Longteng machining factory is a very important thing for our group. After the listing of the machining factory, you must find ways to expand the business scope of several factories and create more profits. The only thing shareholders care about is Profits and dividends, so every quarter’s financial report must be done well in the future.” In the general manager’s office, Duan Yun said to Zhang Weiguo, the director of Longteng Machine Processing Factory.

"Okay, I will definitely work hard." Zhang Weiguo said confidently.

For Zhang Weiguo, being the manager of a listed company is a very honorable thing for him, and after the company was spun off and listed, Duan Yun has given him more management authority, unlike in the past, he can only become a manager. As a part of the group company's parts supply chain, he can now undertake more business outside the group company, and the company's listing can bring a lot of funds, which undoubtedly gives Zhang Weiguo more room to display his talents.

"Old Zhang, you are also from a technical background, and you should guide the accumulation of technology, which is important to an enterprise." Duan Yun paused, and then said: "Although listed companies focus on profit, but in terms of technology research and development and innovation , can not have the slightest relaxation, on the premise of maintaining the existing technological advantages of our machining factory, we can learn from foreign advanced technology, try to come up with more new products and new technologies, and the development direction is placed on auto parts products aspect……"

"Manager Duan, in fact, I have always hoped that our Longteng machine processing factory can engage in the production of auto parts, but the problem is that the country does not allow it..." Zhang Weiguo said with a frown.

Automobile production is Zhang Weiguo's old business. When he was in Dandong Automobile Factory, Zhang Weiguo has been engaged in the research and development of domestic automobiles for a long time, and he is very familiar with the development of new products and technologies in the current domestic and foreign automobile industries.

After coming to work in Longteng Jijia Factory, Zhang Weiguo was surprised to find that this little-known private machinery factory in China has equipment and technologies that many large state-owned automobile companies do not have, including those five-axis CNC machines imported from Taiwan. The lathes, as well as a large amount of gearbox production technical data, are dwarfed by the Dandong Automobile Factory where I used to work, and it can even be said that there is a big gap.

In Zhang Weiguo's view, at present, with his own ability and the equipment and technology of Longteng Machinery Processing Factory, he can produce domestic leading auto parts. This is exactly the field Zhang Weiguo is good at. He also felt very helpless.

"I will find a way to solve this problem..." Duan Yun thought for a while, and then said: "This time, the Longteng Machinery Processing Factory is a good opportunity to spin off and go public. I have a plan. If this plan can be implemented successfully, we will Longteng machine processing factory has the opportunity to become a spare parts supplier for domestic auto companies."

(End of this chapter)