industrial maniac

Chapter 60 Offshore Company TEP First Heard of 'The Tower Company'

Xiaohu Town Toy Factory.

Hu Zhen looked at the production ban of tin toys issued by Dongshan Prefecture, and the "temporary measures to deal with issues related to the safety and power consumption of old production equipment", and felt his head buzzing.

The production of tin toys has long been banned in the south, and now it is the turn of the north, so there is no surprise.

The problem is that the way to deal with old equipment is to directly eliminate the production equipment manufactured before 1990 across the board.

"It's over, it's over!"

Hu Zhen's first thought was not the Xiaohu Town Toy Factory, but the New Toy Factory.

Or rather, a whole bunch of old equipment bought for a new toy factory.

In recent years, many government-owned enterprises have been reformed, some have been privatized, some have been dismantled and reorganized, and some have gone bankrupt.

Last year, he saw an advertisement for the transfer of injection molding machines at a low price in the newspaper, and contacted the other party. The equipment worth 5000 to [-] yuan was only [-] yuan.

I went to the manufacturer to have a look. Although the equipment is old, it can still be used.

Moreover, the other party is a bankrupt government-run toy factory, not only injection molding machines, but also various metal cutting machines, metal die-casting machines, and even two drilling lathes.

Ask the price, good guy, even if the second-hand equipment, the total value of things is not less than 200 million, all packed for only 20!
Who doesn't buy it?
Not only did Hu Zhen buy it, his brain became hot, he also traveled all over the country, spending 600 million yuan, and collected a bunch of second-hand equipment worth 5000 million to [-] million yuan.

Later, when I ran out of funds in my pocket, I talked to the richest man in the county...

So the two decided to increase investment!
In the early stage, 1000 million real gold and silver were used to build the site, and the land was found in Xiaohu Town. After the factory was built, the second-hand equipment was used to increase capital and expand production, reaching 5000 million.

Then mortgage the new toy factory for loans, continue to purchase more second-hand equipment, make the new toy factory the largest in Dongshan, and finally sell the factory and transform to construction.

The plan is going well, and half of the basic items of the new toy have been obtained.

Now all of a sudden...

'Doesn't it mean that everything will be fine? '

...............

"Hu Zhen ran away."

"Ok?"

Early in the morning, Xu Fei walked into the office and suddenly received an inexplicable message.

In a daze, he looked at Liu He, the principal of the technical secondary school, "Who is Hu Zhen?"

"The owner of the toy factory in Xiaohu Town."

"Why did you run away?"

"I heard from Xiaohu Town that he took away the 500 million invested by the richest man in the county. After the richest man found out, he brought people to kill him at five o'clock in the morning, and even recruited the security guards of the toy factory in Xiaohu Town."

Xu Fei called out the translucent page, and the three engineers who sneaked into the toy factory in Xiaohu Town had already gone to Dahe Construction Company in Gucheng County.

To be honest, he doesn't dislike this colleague who jumps out to make trouble from time to time. After all, if you set up a factory in the countryside, how can you not fight?

What's more, the work in the workshop is monotonous and boring, and the two sides fight and fight, which not only helps to adjust emotions, increases the conversation before and after tea, but also improves the cohesion of their respective factories.

Now the opponent's boss is running away...

"Wish him the best of luck."

Xu Fei yawned, reclined in the rocking chair next to the honeycomb stove, covered with a military cotton coat, and prepared to catch up on returning to sleep.

However, the creaking fax machine and the slamming printer are so noisy that people can't sleep.

After the development and reform leaders agreed to build the power plant yesterday, Tongtong's staff helped mark how to go through the process.

First clarify the investment model: joint venture (TEP & Dongshan Supply and Marketing Co., Ltd.)

Then determine the investment subject, project site selection, and construction route.

Then go to Dongshan Water Conservancy Department and Dongshan Environmental Protection Department to apply for safety assessment, environmental assessment, water assessment, and disaster assessment respectively.
This process, even with the support of Dongshan's first department - Development and Reform, still takes at least a week to complete.

Then submit a project application to Dongshan Prefecture, including: project proposal, feasibility study report, preliminary design, obtain administrative permission→approval→approval→record.

Then I went to the country to ask for land, and went through the land acquisition procedures.Find fire, check in.Find electricity, go through the connection procedures...

The above are the big certificates, and many small certificates must be processed at the same time.

slightly.

At the same time, it will be publicized: project approval documents, bank loan commitment letter, waste guarantee letter, project service contact list, Dongshan Prefecture construction department support opinions, electrical design, engineering design...

And prepare the general layout plan, blueprint, building construction drawing, street light sanitation facilities water supply and drainage general plan, building area forecast drawing report, construction engineering construction drawing...

In the words of the principal of the technical secondary school, "We have to prepare more than 50 people to run separately, and then prepare three large rooms for storing corresponding materials."

And the above is just a process.

The rest needs to prepare more than 160 kinds of equipment needed to build a power plant.

and recruitment.

A 1000MW thermal power plant requires about 200 people.

These are all types of jobs, and they cannot be recruited casually.

Administration includes: Manager's Office, Supplies, Chief Engineer, Security...

Operation includes: boiler team, steam turbine team, thermal control team, electrical team...

As well as maintenance, duty, finance, personnel...

"Malaysia, when will our 1000 million be applied for?"

"The palace bureau is also urging."

"If it doesn't work, change to another bank, find China Construction Bank or Agricultural Bank of China."

"In the name of which factory?"

"Definitely the toy factory, the other two don't have much assets, if not, then mortgage the toy factory and get a loan of 2000 million."

Building thermal power plants and tank factories requires a lot of metal.

Usually produce toys, you can buy used machine tools and used motors.

It is a bit eye-catching to use scrap iron to build power plants now.

Therefore, a batch of iron ingots must be purchased for show.

Xu Fei thought about it, felt that today's work was done, and decided to go back to the dormitory to sleep.

That's when one of the two engineers heading to the Cayman Islands called.

"crooked?"

"Boss, things are not going well."

"What, you got tricked?"

"No, the agency is very active and enthusiastic. It helped with everything when it got the money. I mean, all the foreign investment applications submitted to Qinggang or Jingang were rejected."

"why?"

"Jingang said: If any offshore company can come to Huaxia to invest in factories and enjoy foreign investment treatment, then all Chinese entrepreneurs go overseas to register offshore companies, and then return to the local area to become foreign companies. Wouldn't it be better? ? But actually, how many foreign companies have you seen?”

"Aren't foreign traders all offshore companies?"

"Offshore companies are mainly used for currency circulation, stock trading, listing financing, and import and export trade. If you invest in domestic industries, it will involve 'return investment'."

"Return investment?"

"Refers to domestic residents conducting direct investment activities in China through special-purpose companies, including purchasing or replacing the equity of domestic enterprises, or establishing foreign-invested enterprises in China, and purchasing or controlling domestic assets through foreign-funded enterprises."

How do you feel like talking about me?
Xu Fei was silent for a moment, "Is it against the rules?"

"Once it involves return investment, it may be suspected of 'cross-border transfer of funds' and 'transitional capital flight'. The larger the target company is, the more funds will be involved. If it exceeds a certain amount, it will attract the attention of the Ministry of Commerce. Well, the materials we submitted only include my English name, Bo Ruisi."

"So, the offshore company TEP cannot become the investment subject of the tin toy factory?"

"Yes, inject 1 million Franklin's real money, or own 5 million Franklin's actual assets."

"..."

"Another way is to use the offshore company TEP to acquire a real foreign company with a business life of more than 3 years, a registered capital of more than 5 million Franklin, and its own liabilities not higher than three times the registered capital, and then through restructuring, the company will be reorganized. The name of the real foreign company was changed to TEP."

"We don't have so many Franklins."

"The director of the factory, the director of the entrusted company said that as long as Franklin's commission of 100 million, he can help us solve the second solution."

"Oh?"

"Also, the target he found for us is the North American Iron Tower Company. After thinking about it, I feel that the iron tower is similar to the transliteration of our iron sheet, and there is no need to change the name at all."

"Is it easy to operate?"

"The North American Tower Company was once a subsidiary of the North American broadcasting company ARSC. It is located in Boston, North America. It has 2700 iron towers, that is, broadcast towers, transmission towers, wireless broadcast communication stations, etc. The company was spun off from ARSC in 98 and established in New York. It was listed under the code AMT, but after the initial rise, the stock continued to fall, and by the end of this year, it was almost bankrupt. The entrusting company suspected that a competitor was maliciously short-selling, and then acquired the North American Tower Company.”

"How much money do you need?"

"The same 1 million Franklin, but this method is safer than using an offshore company, and can fundamentally secure TEP."

"..."

"The entrusting company said that we only have a week. If we can't make up our minds in a week, the stock of Tower Company will rise, and the funds needed will double."

"I'll think of a way."

(End of this chapter)