1993 Glamour at a Glance

Chapter 270 Huatong's Big Problem

Seeing Dong Liming by the playground of Jiangcheng University, Shen Qingxue couldn't help being stunned after hearing him ask that sentence in a low voice.

"...I don't know what the article is." Dong Liming felt that things were right and people were wrong, and then he sighed, "However, this matter should be very important. Lao Song said that he will come to see you in person. Before that, he has to prepare a bit. So, you really have to give me a clear answer."

Shen Qingxue's eyes were concentrated, and she didn't continue to think about how he knew, or how he could see it.

"Then you tell him that there is a reason."

Dong Liming nodded: "Okay! Then you..."

He looked at the youthful students on the playground, and then looked back at Shen Qingxue: "Are you still used to it here?"

"I'm fine, thank you." Shen Qingxue replied calmly.

Dong Liming felt quite embarrassed, but seeing Shen Qingxue's current state, I am afraid that others would feel even more indifferent and unapproachable.

Lao Song asked him to ask if he had something to do with the Gu family. Obviously, what happened back then is not over yet.

Now that Lao Song has fallen in love with Zhou Huiya, what a matter.

"...That's fine, then I won't bother you anymore." Dong Liming brought the words to him, asked the answer, said goodbye and turned around, then paused and turned back, "It's been almost three years. Try to untie some knots."

After all, Dong Liming really left.

Shen Qingxue just looked at his back for a while, and then continued to run slowly along the playground.

Just like running along the lake back then.

……

After Song Yang received Dong Liming's reply, he stood behind the window of the office and thought for a long time.

After Gu Le's death, the Gu family completely changed their routine, and also showed their profound and incomparable strength.

At the beginning, Li Ru's drama only featured Lianxiang, but now because of the dispute over the standard of DVD discs, Wan Yan directly took control of Sanyou Culture.

But secretly, Lu Qiang wanted to pull Li Ping to engage in real estate projects together, and now Stone Lifang, the predecessor of Sina.com, which is owned by Stone Holdings, appeared, and Dong Liming also mentioned Shi Zhu, who will rise again with the help of Duan Yong. .

Song Yang judged from the tone of Dong Liming's answer that he should not be used by others.

He just really happened at the right time and thought Shi Zhu could consider including him.

Song Yang frowned, and still couldn't figure out how they would get the money from Li Ping.

Surrounding the VCD and DVD player market of Sanyou Electronics, can Sanyou Electronics create a huge loss situation?
Even if you want to suppress a company like Wave Channel, which Chunya Investment has a stake in, it will not damage the foundation of Chunya Investment.

Pulling Li Ping to engage in real estate is indeed a huge pitfall, but Li Ping did not take the bait.

It is really not easy to use legitimate means to seize the money here.And let Chunya invest in getting stronger and stronger, where is their future grasp?

Thinking of Liu Zhi, Lu Qiang, Duan Yong... plus the Gu family, Song Yang gradually felt that they should be just an interest group.Facing Li Ping and Song Yang, it shouldn't be for the purpose of stealing Li Ping's money.

Utilization.

Whether it's cooperation or competition, as long as the money from Chunya's investment is used in their favor, it will be profitable for them.

Song Yang was thinking like this when the phone in the office rang.

"Hey?"

"Xiao Song, the results of the joint research with Huawei have come out!"

……

On Huawei's side, Yu Dong is the most excited right now.

Since preparing for the establishment of the wireless communication business department at the beginning of last year, Huawei has been a layman in wireless communication since the beginning, and now a year has passed, Huawei finally has its own product solutions in terms of GSM base stations.

"The test results are very good!" Yu Dong said to Song Yang who came here. "Although the current signal strength and processing efficiency are still far behind the top products, they are enough! I judge that China Telecom and Huatong have already reduced the number of users. Our products are definitely enough for the remaining base stations in the national network. The key is the cost. If the order is large, our unit price can only be [-]% of that of foreign products!"

Song Yang raised his thumb: "Now, I have something to report to Director Zhao. Let alone other things, at least it is okay to do two pilot projects first, and see the effect."

Yu Dong is now in charge of the wireless communication business department, and what he is waiting for is this sentence: "If we need to make a technical report with Huatong's engineers, Mr. Song will notify me at any time."

Song Yang immediately said to Ni Nanguang: "Old Ni, now we have taken the first step, and the second step has to be put on the agenda. The optimization and upgrading of GSM products can be done independently by Huawei. Now, we have to work together Work hard on the third-generation mobile communication technology standard."

Ni Nanguang beamed with joy: "I have accumulated a lot of experience this time. The next generation of mobile communication technology is my main task this year!"

"Those major national science and technology projects we participated in still arrange people and money, but those can't be our focus, we just think of it as slowly accumulating." Song Yang emphasized again, "We have reached the point where we can use DVD technology to prove our strength. , On the way to making profits. Now that Huawei has made progress in mobile communication network equipment, wave channel has also begun to produce GSM mobile phones, and we must also eat part of the dividends brought by the next generation of mobile communication technology. This is benign cycle."

No one does not understand the importance of successfully making a breakthrough and being able to prove oneself in the market.

Ni Nanguang patted Yu Dong on the shoulder: "You people in Huawei are really desperate, have you always been like this?"

Yu Dong grinned and said, "Of course we have to work hard. Mr. Song, in addition to introducing you to Mr. Zhao as a shareholder of the head office, we will also take the initiative to contact Huatong's business department. I always firmly believe that as long as The product quality is good, the price is good, whether it is Huatong or the telecom bureau, there is no reason not to choose us."

Song Yang nodded with a smile, it is indeed an exaggeration for Huawei people to do the market.

Even if there is no Huaxin Microelectronics, Huawei will still blaze a trail in the field of mobile communication technology, killing all equipment suppliers in the communication industry.

Now it's just a little faster, and the domestic resources are better.

Song Yang then contacted Zhao Wei of Huatong, and told them about the matter first when he arrived at their side. Of course Zhao Wei was happy, but then he sighed: "This is a good thing! But now, our Huatong The biggest problem we face is not this."

"……What happened?"

Zhao Wei waited for the secretary to pour tea for Song Yang, and then said: "I can't take care of my energy! The most important thing now is the reform of the ministries and commissions in preparation. This matter is too important to us, and this hurdle , Huatong's current foundation is very unfavorable in terms of structural model."

After listening to his introduction for a while, Song Yang realized that the establishment of the Ministry of Information Industry was officially on the agenda.

The year before last, an enterprise legal person was established under the General Administration of Telecommunications of the Ministry of Posts and Telecommunications.Now, the company established by Telecom in Xiangdao is about to go public.

The reform of the communications industry is imperative, and at this juncture, the direction of reform of the ministries and commissions being discussed is to merge the Ministry of Electronics Industry and the Ministry of Posts and Telecommunications.

In this case, Huatong's "Lao Tzu" will also manage telecommunications.

Next will involve the separation of the family, and Huatong is currently in a very embarrassing situation in this separation.

Because it was difficult at the beginning, Zhao Wei has indeed adopted many innovations in the business model.

There are many head offices that have been introduced. In order to quickly establish the GSM network, many methods have been adopted in local companies.Some have brought in other shareholders to provide funds, and some have asked others to set up a company to build base stations on their behalf and hand them over to Huatong for operation.

In a word: financial chaos and ownership chaos are not conducive to long-term development.

The reason why the Ministry of Information Industry is preparing to be established is because of strategic considerations such as communication networks and the Internet.

And Huatong will have to deal with the new situation in the future. The messy shareholder system of the head office and branch companies in front of us, as well as the business model, will be pointed out by others.

"Then what's your opinion now?" Song Yang asked.

Zhao Wei said solemnly: "From the head office to the branches, it is certain that some small shareholders will gradually withdraw. In addition, Mr. Song must also be mentally prepared. After the reform starts next year, Huatong, as one of the strategic companies, will transfer assets Or the way of capital injection, a large-scale increase in equity capital will also be certain.”

The total share capital of the current Huatong Corporation is still more than one billion yuan.

But after this round of reforms, the total assets will obviously reach tens of billions.Chunya Investment now accounts for more than 10%, and after this round, it will either withdraw, or it will only account for [-]% or [-]%.

"It's understandable, it's a strategic industry after all." Song Yang smiled, "Has anyone suggested that our Chunya Investment should also be a minority shareholder that has been liquidated?"

Zhao Wei smiled wryly and shook his head: "Where can you get so much money to buy back your shares neatly? The head office is fine, but the biggest trouble now is the local branches."

He thought for a while and then asked, "Cut the mess quickly! Mr. Song, you have been investing heavily in the latest technology. I heard this from Minister Han. As for the head office, since Mr. Song has a large share of the shares in the back There is no objection to dilution, so can you help me to clarify the shareholding structure of the branch in a clean and neat way?"

Song Yang had a guess: "What's the rationale?"

"The local branch is now required to be wholly owned by the head office." Zhao Wei replied, "There are two steps. The first step is that you Chunya Investment will buy back all those shares. In this case, the local branch The equity structure becomes Huatong and Chunya Investment. The second step is to evaluate and replace with the equity of the head office.”

"Due to this process, Chunya Investment will temporarily have a high shareholding ratio, so Chunya Investment may be required to set up a joint-stock company with more convenient supervision to hold shares in Huatong. If this plan is feasible, it should still Huaguo New Technology Venture Capital Co., Ltd. is required to take a small share in this holding company and play a supervisory role.”

After Zhao Wei finished speaking, he looked at Song Yang with some doubts.

After listening to the plan he said, Song Yang really frowned.

The background of Huaguo New Technology Venture Capital Company is not small, and the major shareholders are the Science and Technology Commission and the Ministry of Finance.Now, the company has been listed on Xiangdao for 5 years.

However, this is the first time that external forces are clearly involved in Chunya's investment.Although it is only a special joint-stock company set up under Chunya Investment to hold shares in Huatong, it can also deal with Chunya Investment on the board of directors.

Song Yang looked at Zhao Wei.

The first contact between the two parties was because Zhao Wei listened to the recommendations of the relevant leaders of the People's Bank of China and the Bureau of Foreign Exchange.

After such a long time, the plan proposed to Song Yang now seems to rely too much on Chunya's investment.

"Director Zhao, how much money do you estimate will be needed to complete all this?"

Zhao Wei already had an account in mind: "Although we haven't started talking yet, I'm afraid it will take at least 10 billion yuan to be able to figure it out quickly. Otherwise, we will have to talk about it, and it may not be finished in three to five years. All of this. By that time, I am afraid that the reform plan will have been completed long ago.”

Song Yang knew that what he was talking about was the sharing of cakes in the telecommunications industry.

Once the Ministry of Information Industry is established, the absolute monopoly of telecommunications will obviously be broken.The establishment of Huatong was originally a catfish put in.

Since it is going to share the cake from the current telecom, the resistance of telecom itself will never be weak.In Song Yang's memory, Telecom, China Mobile, and Huatong were separated. It seemed that Huatong only got a wireless paging business at the beginning, and the price was nearly [-] billion.

He carefully discerned Zhao Wei's expression: he should just want Huatong to be less manipulated and get more cakes with a better operating state.

But Huaguo New Technology Venture Capital Company is not a good stubble.

Song Yang asked jokingly: "At least 10 billion, that is to use a lot of premium to impress others? But when it comes to asset evaluation and share replacement, I'm afraid it will only be a few hundred million for my side. Right? What about the gap?"

Zhao Wei sighed: "Brother Song, you have helped Huatong a lot since you came in, and I will keep that in mind. If you are willing to help, the premium will naturally be included in Huatong's future profit expectations, and it will be treated as a Operating costs. So for this acquisition, you will directly pay for part of the acquisition, and the premium part is Huatong’s loan.”

"...It's too complicated." Song Yang replied, "Even if there is Hua Venture Capital in the established holding company, it seems that Huatong Company will suddenly deteriorate. If you do this, Chunya Investment will become a target of public criticism. And , isn’t Huatong’s asset-liability ratio suddenly ugly?”

"It won't be that complicated!" Zhao Wei promised, "Now I'm asking for your opinion, and make sure that the money can be paid out. If you agree, I will find the old leader and report my thoughts in detail. Hurry up, It will be completed in the middle of next year. You are helping me overcome this difficulty, and the old leader knows our every step of the plan, so what are you worried about?"

Song Yang looked at him in astonishment: "Zhao Dong, you have the guts... aren't you afraid?"

"If I was afraid, I wouldn't arrange for me to be this handsome!" Zhao Wei's eyes sparkled, "Are you willing to help me? Do you have the strength now?"

Song Yang thought about the old leader he was talking about, the current capital scale of Chunya Investment, and the mess that Hua Venture Capital might be involved in, as well as Gu Song, Liu Zhi, Lu Qiang, and Duan Yong, and thought for a moment. He said: "I will at least get a written opinion reply."

Zhao Wei patted his chest: "No problem!"

Song Yang laughed: "Don't look back and cooperate with Huawei, Huaxin Microelectronics, and companies like Wave Road. Let me and Zhao Dong be criticized for conveying benefits. Zhao Dong, I just concentrate on doing some advanced technology and Good products come out, and with this approval, I feel a little bit more confident. If possible, I also hope to invite the old leaders to look at the work I am doing now."

"That's easier. Minister Han appreciates you very much." Zhao Wei felt relieved, "It needs at least 10 billion, is it really okay?"

"I can set up the company first, let's call it... Chunya Technology. The 10 billion capital fund will be set aside first. As for Hua Venture Capital, it only needs a financial supervision power, and the shareholding cannot exceed 20%."

Zhao Wei immediately stretched out his hands: "Thank you so much! I have initially communicated with the old leader about this plan, so don't worry. Mr. Song believes in the future potential of our Huatong. The shareholding ratio can also be higher.”

Song Yang was willing to participate in this way because of Huatong's potential.

Although there may still be risks, but it is also beneficial to make an impression in front of that person, which is also beneficial to many things in the future.

Besides, if someone else was using this as a bait for Song Yang and Li Ping, they would eventually stand up.

Song Yang estimated that the pit would be at Hua Venture Capital.

But what if you only hold no more than 20% of the shares in the new company?

Zhao Wei did not propose to let Hua Venture Capital enter Chunya Investment, which means that he is not the person who participated in the conspiracy of Chunya Investment.

Things are getting more and more interesting.

(End of this chapter)