Since 1979 I have been in the tide of the times
Chapter 441 Wang Weidong and Song Yu's Double Reed 1
Chapter 441 Wang Weidong and Song Yu's Double Reed One
Ordinary people are very wise. For example, the elderly in many places in the Southwest do not ask how much money you make a month, but how much you suffer a month.
This bitter word has a much deeper meaning than the earning word that makes money.
The same is true in the stock market. Few people talk about buying or selling stocks. Everyone talks about stock speculation—stocks are used for speculation. In many cases, the price of stocks is speculated, rather than relying on the actual performance of listed companies.
In the acquisition of listed companies, Wang Weidong and Song Yu actually made a feint. Their nominal target is Shancha shares, and they secretly aim at Qian Yuanzheng.
To be honest, the performance of the company Shancha shares is very average, and even the workers working in this company are baffled by the rise of the company's stock price so high.
Because the company's economic benefits are really mediocre, and workers' wages are also very mediocre, which is in stark contrast to their company's rising stock price.
During this period of time, Song Yu showed his stalking spirit in pursuing girls, kept communicating with the competent authority of Shancha Co., Ltd., and kept increasing the purchase price.
Due to Song Yu's identity and background, especially the attractive price given by Song Yu, the state-owned assets holding Shancha's shares gradually began to move.
Because they also know the inside story of Sanjiao Co., Ltd., it is very tempting to offer such a high price now.
Of course, this news quickly reached the ears of Deputy Minister Lu and the others who were also in the capital, which inevitably made them feel very anxious.
As a leading cadre, Vice Minister Lu has deeply realized that only by doing things can he achieve success.
In the 90s, there were a large number of state-owned zombie enterprises in the country.The so-called zombie companies are those companies that still exist on the surface, but they have almost stopped producing, because the products they produce have no market at all, but these factories cannot be closed or even go bankrupt, because once they get there The next step is liquidation.How will the worker's problem be solved then?How to solve the loan owed to the bank?
Therefore, the higher authorities and the government can only keep these enterprises in existence.
After Qian Yuanzheng was packaged and listed on the market, it originally hoped that by financing 5000 million yuan to purchase new equipment and improve production technology, the company could be rejuvenated.
But now it seems that the effect is not good. On the contrary, the hole is getting bigger and bigger, and it has become a hot potato.
It now looks like the best solution is to let Xiangyang Electronics acquire Qian Yuanzheng.
It can not only find a way out for the workers, but also let the ministry get rid of a big burden. The loan owed to the bank can be passed on to Xiangyang Electronics.
But now that the Ministry has this desire, the attitude shown by Xiangyang Electronics is that it has no interest in acquiring the company Qian Yuanzheng.
Deputy Minister Lu thought about it for a long time, and felt that he still had to play the emotional card, and make a fuss through the relationship that Wang Weidong is also a child of Xiangyang Chemical Factory.
He knew that he had no relationship with Wang Weidong, and that this matter could only be done through Shi Ke. After all, Wang Weidong and Shi Ke had a closer relationship, and now Shi Ke's daughter, Shi Yueshuang, was a high-level cadre of Xiangyang Electronics.
Under the urging of Vice Minister Lu, Shi Ke kept calling Wang Weidong, urging him to return to the capital for an interview.
On the phone, Shi Ke first talked about the righteousness of the country, then talked about feelings, and finally put on the airs of the elders.
After four such phone calls, Wang Weidong felt that the heat was almost ready, so he pretended to be reluctant and returned to the capital.
"Mr. Wang, now that the business is getting bigger, you don't pay much attention to me as a deputy minister. Of course, I've retired, and I don't care about things. Let's leave the tea." Shi Ke said.
"It's not a question, don't you know what kind of person I am? It's because the brewery site is too busy. We strive to start production in two or three months, and now we have to hurry up. Of course, in the end The main reason is that the company you recommend really doesn’t meet our requirements, it’s like looking for a wife, obviously there is a beautiful one, but now you insist on giving me an ugly one.” Wang Weidong said.
"I've heard that that boy Song Yu has been running to the machinery department every day for a while, and the price he has offered has increased to 6 million. I also admit that the economic benefits of Qian Yuanzheng's company are indeed not very good, but if you buy After this company invests money in transformation, and then shifts the production of the factory to the aspect that is compatible with your Xiangyang Electronics, I believe that the company will immediately revive! And our asking price will never be as high as that of the mechanical department." Shi Ke said.
"You get what you pay for, that's the truth!" Wang Weidong retorted.
"Weidong, Qian Yuanzheng's company can't pay wages now, and the Chinese New Year will be over a month away. What can those workers do? Since you have solved the employment problem of 3000 workers in Xiangyang Chemical Factory, this is a big deal. You will definitely be able to solve the company's problems!" Leng Qing persuaded from the side.
"Being a business is not doing charity. What a business is doing is making a profit, and you must not do business at a loss!" Wang Weidong explained.
"I also understand this truth. Vice Minister Lu has talked with me. The Ministry is still very sincere about this matter. You can have a good talk with him and negotiate a suitable price. You can spend [-] million To buy shares in Shancha, I estimate that two to three hundred million yuan will be enough for you to buy the company Qian Yuanzheng. Wouldn’t it be good to spend the rest of the money on introducing technology and expanding manufacturers in the future?” Shi Ke said.
Wang Weidong bowed his head in silence as if he was engaged in an ideological struggle, and finally he raised his head and said: "Xiangyang Electronics is a joint-stock company. Besides me, there are three other people in the board of directors who are major shareholders. I want to go back and discuss with them. I can't say it alone. It's up to you."
"You are right to do this. Tomorrow, you will take that boy Song Yu to have a good talk with Vice Minister Lu. Vice Minister Lu is very sincere, and you should also show your sincerity!" Shi Ke said .
The next day Song Yu drove with Wang Weidong on the way to the ministry.
Wang Weidong said to Song Yu: "Xiaoyu, we are all ready, it's time to act!"
"Understood, isn't it just singing double reeds? You sing the red face, and I sing the bad face." Song Yu nodded and said.
At the gate of the ministry compound, two people registered and the guard called to report to the higher authorities.
After a while, Vice Minister Lu's secretary came out to greet the two and asked the guard to let them go.
Song Yu put the car into the compound of the ministry.
From the moment he saw the secretary, Song Yu's face immediately became very depressed, he didn't say a word, and gave Wang Weidong a blank stare from time to time.
Walk into the building and come to Vice Minister Lu's office.
Vice Minister Lu greeted the two with a smile on his face, and shook hands with Wang Weidong and Song Yu warmly.
Song Yu looked very reluctant when shaking hands.
"Please take a seat, the two bosses are busy people, it's really not easy to invite you here this time." Vice Minister Lu said.
"Busy is busy. Some time ago, someone asked me to go to the Mechanical Department to communicate with the leaders there to buy Shancha shares. My legs were almost broken and my mouth was worn out. The matter was almost over. As a result, yesterday's People told me that I would come to your ministry to talk today. Anyway, I am just a pawn, and I will do whatever others ask me to do!" Song Yu said with resentment.
Deputy Minister Lu was taken aback for a moment, then glanced at Wang Weidong and said to Song Yu with a smile: "Weidong is right to do this. After all, he is a son of our military industry, and he still has a lot of affection for us! Let's talk about it." , you always pay attention to shopping around in everything you do, and there is no harm in communicating more, right?"
Wang Weidong also had a wry smile beside him, looking very helpless.
"Vice Minister Lu, we don't know the details of the Qianyuanzheng factory you introduced to me. Can you give us some time to investigate carefully?" Wang Weidong said.
"Of course, spending so much money to acquire a company, how could you not understand it. Qian Yuanzheng was originally a medium-sized military enterprise that was assisted by various parts of the country during the construction of the third front. It processed gun barrels. It started in the 80s , the company began to turn to the production of civilian products. However, the products produced do not meet the needs of the market, so the current operating conditions are not very good." Vice Minister Lu introduced.
"Vice Minister Lu, just listening to your introduction is too general. I personally and several other directors have to go to that factory to actually investigate." Wang Weidong said.
Vice Minister Lu said with a smile: "Of course, I will definitely let you watch it. You are welcome to watch it!"
"Also, when Xiangyang Electronics was listed on Hong Kong Island this time, the accounting firm in Hong Kong Island stayed with Xiangyang Electronics for a long time and carefully reviewed our company's projects. I want to hire a Hong Kong law firm immediately What do you think of entering the Qianyuanjiang company, reviewing the company's financial situation, and knowing what it is?" Wang Weidong asked.
Hearing Wang Weidong's request, Vice Minister Lu showed a troubled expression on his face.Wang Weidong's request was justified and aboveboard, but he couldn't nod his head and agree now.
There are so many factories under the Ministry, it is impossible for him to know every one of them.
According to the material in the factory newspaper, Qian Yuanzheng is now in arrears of nearly [-] million yuan in loans to the bank and raw materials.
Vice Minister Lu also came from the grassroots. He is very familiar with the work at the grassroots level, that is, to report good news but not bad news. If the number reported is nearly [-] million, then this big hole is likely to be more than [-] million, or even more.
"Now that we've just started talking about the acquisition, you immediately sent an accountant to check the accounts. Isn't that inappropriate?" Vice Minister Lu said.
"But if we don't actually understand the current financial situation of the factory and the family background of the whole factory, we can't talk about it." Wang Weidong said.
"I have learned about the Sancha company after investigation. Although the operating conditions are relatively average, the debt ratio is definitely low!" Song Yu said from the side.
Vice Minister Lu pondered for a while and said, "Do you think this is okay? I'll go and find out about it first, and then I'll get back to you?"
After Wang Weidong and Song Yu left, Vice Minister Lu immediately asked his secretary to contact Fan Jingyi, the chairman of Qian Yuanzheng who was still in the capital, and asked him to come to the ministry immediately.
Fan Jingyi, who came to the capital to ask for money these days, felt like he was sitting on pins and needles. While checking the factory's current situation by phone, he waited for the ministry to notify him of the allocation of wages.
After receiving a call from the secretary, Fan Jingyi rushed to the ministry immediately.
As soon as he walked into Vice Minister Lu's office, Vice Minister Lu asked straightforwardly: "Old Fan, tell me honestly, how much is your factory's current arrears of bank loans, raw material costs, and workers' wages combined? "
Hearing Vice Minister Lu's question, Fan Jingyi was stunned for a long time before answering in a low voice: "Leader, you also know that I have only been sent to the factory by the ministry for a few months, and I don't know many things."
Vice Minister Lu nodded and asked, "Do you think it will exceed [-] million?"
Fan Jingyi thought for a while and replied: "I think there should be 1 million taels to 3000 million."
Since Fan Jingyi said that there are 1-3000 million, the actual number can only be more and not less.
In the end, Fan Jingyi said firmly: "It will definitely not exceed [-] million!"
Hearing Fan Jingyi's words, Vice Minister Lu's heart skipped a beat.
So Qian Yuanzheng is now insolvent, and the actual situation will be even worse.
When doing asset statistics, the book value of the equipment in the factory in the 50s and 60s is worth tens of thousands or even hundreds of thousands, but in fact it is a pile of scrap copper and rotten iron, which is worthless at all.
"Come back immediately to collect statistics on overtime work by all the financial staff, and go through the factory's property thoroughly. You must know it well. I only give you a week, and then you call me to report." Vice Minister Lu ordered.
"What about the wages? Now there are more than 3000 workers in the factory and more than 1000 retired workers are all eagerly waiting for wages." Fan Jingyi asked.
"Let's put these things aside for now, and explain them to the workers when you get back, and do what I told you first," Vice Minister Lu said.
Fan Jingyi left reluctantly. There were two reasons for his reluctance. One was that he didn't bring back his salary, and the more important reason was that Vice Minister Lu asked him to go back and check his family's assets. This was a very offensive thing.
Bank loans and salary arrears are okay, but it is very nerve-wracking to check all the money for purchasing raw materials in the past.
The beer production equipment shipped from Germany has already landed in Tianjin Port.
After Wang Weidong and Song Yu got the news, they immediately organized large vehicles for transportation and transported them to the factory for safekeeping.
"Xiaoyu, we must start production before April next year!" Wang Weidong said.
"Weidong, don't worry, we will definitely put it into production before the peak season for beer sales!" Song Yu said firmly.
Wang Weidong picked up a stone from the ground and showed it to Song Yu.
"This is an egg, which is our current brewery. The eggs hatch into chicks, and they can lay a lot of eggs, and then these eggs hatch into many chickens, and they can lay more eggs. This is the game we are playing now. !” Wang Weidong said.
(End of this chapter)
Ordinary people are very wise. For example, the elderly in many places in the Southwest do not ask how much money you make a month, but how much you suffer a month.
This bitter word has a much deeper meaning than the earning word that makes money.
The same is true in the stock market. Few people talk about buying or selling stocks. Everyone talks about stock speculation—stocks are used for speculation. In many cases, the price of stocks is speculated, rather than relying on the actual performance of listed companies.
In the acquisition of listed companies, Wang Weidong and Song Yu actually made a feint. Their nominal target is Shancha shares, and they secretly aim at Qian Yuanzheng.
To be honest, the performance of the company Shancha shares is very average, and even the workers working in this company are baffled by the rise of the company's stock price so high.
Because the company's economic benefits are really mediocre, and workers' wages are also very mediocre, which is in stark contrast to their company's rising stock price.
During this period of time, Song Yu showed his stalking spirit in pursuing girls, kept communicating with the competent authority of Shancha Co., Ltd., and kept increasing the purchase price.
Due to Song Yu's identity and background, especially the attractive price given by Song Yu, the state-owned assets holding Shancha's shares gradually began to move.
Because they also know the inside story of Sanjiao Co., Ltd., it is very tempting to offer such a high price now.
Of course, this news quickly reached the ears of Deputy Minister Lu and the others who were also in the capital, which inevitably made them feel very anxious.
As a leading cadre, Vice Minister Lu has deeply realized that only by doing things can he achieve success.
In the 90s, there were a large number of state-owned zombie enterprises in the country.The so-called zombie companies are those companies that still exist on the surface, but they have almost stopped producing, because the products they produce have no market at all, but these factories cannot be closed or even go bankrupt, because once they get there The next step is liquidation.How will the worker's problem be solved then?How to solve the loan owed to the bank?
Therefore, the higher authorities and the government can only keep these enterprises in existence.
After Qian Yuanzheng was packaged and listed on the market, it originally hoped that by financing 5000 million yuan to purchase new equipment and improve production technology, the company could be rejuvenated.
But now it seems that the effect is not good. On the contrary, the hole is getting bigger and bigger, and it has become a hot potato.
It now looks like the best solution is to let Xiangyang Electronics acquire Qian Yuanzheng.
It can not only find a way out for the workers, but also let the ministry get rid of a big burden. The loan owed to the bank can be passed on to Xiangyang Electronics.
But now that the Ministry has this desire, the attitude shown by Xiangyang Electronics is that it has no interest in acquiring the company Qian Yuanzheng.
Deputy Minister Lu thought about it for a long time, and felt that he still had to play the emotional card, and make a fuss through the relationship that Wang Weidong is also a child of Xiangyang Chemical Factory.
He knew that he had no relationship with Wang Weidong, and that this matter could only be done through Shi Ke. After all, Wang Weidong and Shi Ke had a closer relationship, and now Shi Ke's daughter, Shi Yueshuang, was a high-level cadre of Xiangyang Electronics.
Under the urging of Vice Minister Lu, Shi Ke kept calling Wang Weidong, urging him to return to the capital for an interview.
On the phone, Shi Ke first talked about the righteousness of the country, then talked about feelings, and finally put on the airs of the elders.
After four such phone calls, Wang Weidong felt that the heat was almost ready, so he pretended to be reluctant and returned to the capital.
"Mr. Wang, now that the business is getting bigger, you don't pay much attention to me as a deputy minister. Of course, I've retired, and I don't care about things. Let's leave the tea." Shi Ke said.
"It's not a question, don't you know what kind of person I am? It's because the brewery site is too busy. We strive to start production in two or three months, and now we have to hurry up. Of course, in the end The main reason is that the company you recommend really doesn’t meet our requirements, it’s like looking for a wife, obviously there is a beautiful one, but now you insist on giving me an ugly one.” Wang Weidong said.
"I've heard that that boy Song Yu has been running to the machinery department every day for a while, and the price he has offered has increased to 6 million. I also admit that the economic benefits of Qian Yuanzheng's company are indeed not very good, but if you buy After this company invests money in transformation, and then shifts the production of the factory to the aspect that is compatible with your Xiangyang Electronics, I believe that the company will immediately revive! And our asking price will never be as high as that of the mechanical department." Shi Ke said.
"You get what you pay for, that's the truth!" Wang Weidong retorted.
"Weidong, Qian Yuanzheng's company can't pay wages now, and the Chinese New Year will be over a month away. What can those workers do? Since you have solved the employment problem of 3000 workers in Xiangyang Chemical Factory, this is a big deal. You will definitely be able to solve the company's problems!" Leng Qing persuaded from the side.
"Being a business is not doing charity. What a business is doing is making a profit, and you must not do business at a loss!" Wang Weidong explained.
"I also understand this truth. Vice Minister Lu has talked with me. The Ministry is still very sincere about this matter. You can have a good talk with him and negotiate a suitable price. You can spend [-] million To buy shares in Shancha, I estimate that two to three hundred million yuan will be enough for you to buy the company Qian Yuanzheng. Wouldn’t it be good to spend the rest of the money on introducing technology and expanding manufacturers in the future?” Shi Ke said.
Wang Weidong bowed his head in silence as if he was engaged in an ideological struggle, and finally he raised his head and said: "Xiangyang Electronics is a joint-stock company. Besides me, there are three other people in the board of directors who are major shareholders. I want to go back and discuss with them. I can't say it alone. It's up to you."
"You are right to do this. Tomorrow, you will take that boy Song Yu to have a good talk with Vice Minister Lu. Vice Minister Lu is very sincere, and you should also show your sincerity!" Shi Ke said .
The next day Song Yu drove with Wang Weidong on the way to the ministry.
Wang Weidong said to Song Yu: "Xiaoyu, we are all ready, it's time to act!"
"Understood, isn't it just singing double reeds? You sing the red face, and I sing the bad face." Song Yu nodded and said.
At the gate of the ministry compound, two people registered and the guard called to report to the higher authorities.
After a while, Vice Minister Lu's secretary came out to greet the two and asked the guard to let them go.
Song Yu put the car into the compound of the ministry.
From the moment he saw the secretary, Song Yu's face immediately became very depressed, he didn't say a word, and gave Wang Weidong a blank stare from time to time.
Walk into the building and come to Vice Minister Lu's office.
Vice Minister Lu greeted the two with a smile on his face, and shook hands with Wang Weidong and Song Yu warmly.
Song Yu looked very reluctant when shaking hands.
"Please take a seat, the two bosses are busy people, it's really not easy to invite you here this time." Vice Minister Lu said.
"Busy is busy. Some time ago, someone asked me to go to the Mechanical Department to communicate with the leaders there to buy Shancha shares. My legs were almost broken and my mouth was worn out. The matter was almost over. As a result, yesterday's People told me that I would come to your ministry to talk today. Anyway, I am just a pawn, and I will do whatever others ask me to do!" Song Yu said with resentment.
Deputy Minister Lu was taken aback for a moment, then glanced at Wang Weidong and said to Song Yu with a smile: "Weidong is right to do this. After all, he is a son of our military industry, and he still has a lot of affection for us! Let's talk about it." , you always pay attention to shopping around in everything you do, and there is no harm in communicating more, right?"
Wang Weidong also had a wry smile beside him, looking very helpless.
"Vice Minister Lu, we don't know the details of the Qianyuanzheng factory you introduced to me. Can you give us some time to investigate carefully?" Wang Weidong said.
"Of course, spending so much money to acquire a company, how could you not understand it. Qian Yuanzheng was originally a medium-sized military enterprise that was assisted by various parts of the country during the construction of the third front. It processed gun barrels. It started in the 80s , the company began to turn to the production of civilian products. However, the products produced do not meet the needs of the market, so the current operating conditions are not very good." Vice Minister Lu introduced.
"Vice Minister Lu, just listening to your introduction is too general. I personally and several other directors have to go to that factory to actually investigate." Wang Weidong said.
Vice Minister Lu said with a smile: "Of course, I will definitely let you watch it. You are welcome to watch it!"
"Also, when Xiangyang Electronics was listed on Hong Kong Island this time, the accounting firm in Hong Kong Island stayed with Xiangyang Electronics for a long time and carefully reviewed our company's projects. I want to hire a Hong Kong law firm immediately What do you think of entering the Qianyuanjiang company, reviewing the company's financial situation, and knowing what it is?" Wang Weidong asked.
Hearing Wang Weidong's request, Vice Minister Lu showed a troubled expression on his face.Wang Weidong's request was justified and aboveboard, but he couldn't nod his head and agree now.
There are so many factories under the Ministry, it is impossible for him to know every one of them.
According to the material in the factory newspaper, Qian Yuanzheng is now in arrears of nearly [-] million yuan in loans to the bank and raw materials.
Vice Minister Lu also came from the grassroots. He is very familiar with the work at the grassroots level, that is, to report good news but not bad news. If the number reported is nearly [-] million, then this big hole is likely to be more than [-] million, or even more.
"Now that we've just started talking about the acquisition, you immediately sent an accountant to check the accounts. Isn't that inappropriate?" Vice Minister Lu said.
"But if we don't actually understand the current financial situation of the factory and the family background of the whole factory, we can't talk about it." Wang Weidong said.
"I have learned about the Sancha company after investigation. Although the operating conditions are relatively average, the debt ratio is definitely low!" Song Yu said from the side.
Vice Minister Lu pondered for a while and said, "Do you think this is okay? I'll go and find out about it first, and then I'll get back to you?"
After Wang Weidong and Song Yu left, Vice Minister Lu immediately asked his secretary to contact Fan Jingyi, the chairman of Qian Yuanzheng who was still in the capital, and asked him to come to the ministry immediately.
Fan Jingyi, who came to the capital to ask for money these days, felt like he was sitting on pins and needles. While checking the factory's current situation by phone, he waited for the ministry to notify him of the allocation of wages.
After receiving a call from the secretary, Fan Jingyi rushed to the ministry immediately.
As soon as he walked into Vice Minister Lu's office, Vice Minister Lu asked straightforwardly: "Old Fan, tell me honestly, how much is your factory's current arrears of bank loans, raw material costs, and workers' wages combined? "
Hearing Vice Minister Lu's question, Fan Jingyi was stunned for a long time before answering in a low voice: "Leader, you also know that I have only been sent to the factory by the ministry for a few months, and I don't know many things."
Vice Minister Lu nodded and asked, "Do you think it will exceed [-] million?"
Fan Jingyi thought for a while and replied: "I think there should be 1 million taels to 3000 million."
Since Fan Jingyi said that there are 1-3000 million, the actual number can only be more and not less.
In the end, Fan Jingyi said firmly: "It will definitely not exceed [-] million!"
Hearing Fan Jingyi's words, Vice Minister Lu's heart skipped a beat.
So Qian Yuanzheng is now insolvent, and the actual situation will be even worse.
When doing asset statistics, the book value of the equipment in the factory in the 50s and 60s is worth tens of thousands or even hundreds of thousands, but in fact it is a pile of scrap copper and rotten iron, which is worthless at all.
"Come back immediately to collect statistics on overtime work by all the financial staff, and go through the factory's property thoroughly. You must know it well. I only give you a week, and then you call me to report." Vice Minister Lu ordered.
"What about the wages? Now there are more than 3000 workers in the factory and more than 1000 retired workers are all eagerly waiting for wages." Fan Jingyi asked.
"Let's put these things aside for now, and explain them to the workers when you get back, and do what I told you first," Vice Minister Lu said.
Fan Jingyi left reluctantly. There were two reasons for his reluctance. One was that he didn't bring back his salary, and the more important reason was that Vice Minister Lu asked him to go back and check his family's assets. This was a very offensive thing.
Bank loans and salary arrears are okay, but it is very nerve-wracking to check all the money for purchasing raw materials in the past.
The beer production equipment shipped from Germany has already landed in Tianjin Port.
After Wang Weidong and Song Yu got the news, they immediately organized large vehicles for transportation and transported them to the factory for safekeeping.
"Xiaoyu, we must start production before April next year!" Wang Weidong said.
"Weidong, don't worry, we will definitely put it into production before the peak season for beer sales!" Song Yu said firmly.
Wang Weidong picked up a stone from the ground and showed it to Song Yu.
"This is an egg, which is our current brewery. The eggs hatch into chicks, and they can lay a lot of eggs, and then these eggs hatch into many chickens, and they can lay more eggs. This is the game we are playing now. !” Wang Weidong said.
(End of this chapter)
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