Since 1979 I have been in the tide of the times

Chapter 733 China Trusts the Chinese 2

"I still have to open my eyes to see the world. Studying abroad has indeed taught me a lot!" Cheng Bin said with emotion.

"There have been a lot of reports about the Temasek model in newspapers, magazines and TV in recent years!" Wang Weidong said.

A smile appeared on the corner of Cheng Bin's mouth. Of course these bosses would be interested in such news reports!

Temasek is a company that is 200% controlled by the Ministry of Finance of the island country of Malacca. Although the entire company has only US$[-] billion in assets, it plays a leading role in the entire national economy through equity participation in many companies, and has continued to grow through decades of development.

Several companies in Singapore, including Temasek, control more than 50.00% of the country's economic power in this way, and have achieved value preservation and appreciation.

This is exactly the goal of the state-owned enterprise reform pursued by our country. Maybe the state-owned component occupies 5.00% of the entire joint-stock company, but through the pyramid structure, it can control the entire company, and it can also maintain and increase value.

However, to achieve such a goal requires the cooperation of a large number of large private entrepreneurs like Wang Weidong, which is why people like Wang Weidong also pay attention to the Temasek model.

"The reform of state-owned enterprises is a major issue related to national security, stability and people's life happiness. Among them, the Temasek model is a good reference model." Cheng Bin replied.

Wang Weidong slandered Cheng Bin in his heart for being an official.

For my happiness, I should let you be happy first.

"We welcome the entry of state-owned capital, and enjoy all the rights of shareholders in accordance with the modern enterprise system, so as to benefit the state's investment." Wang Weidong said.

"The entry of state-owned assets is not only to obtain capital gains, but also to grasp the direction of the enterprise, so that the enterprise can develop in a direction that is conducive to the needs of the country, and should not act indiscriminately for the benefit. Yes!" Cheng Bin said.

There are three meetings and one floor in a joint-stock company, namely the shareholder meeting, the board of directors, the board of supervisors and the management.

According to Cheng Bin, there is now an additional party committee.

In state-owned enterprises, the leaders of the enterprises are all party members, so the party committee and the board of directors of the shareholders' meeting and the board of supervisors almost overlap, and the party committee can completely do all the work of the other three meetings and one level.

However, the establishment of a party committee in a private enterprise immediately excludes people like Wang Weidong, Song Yu and Ou Xiaoyang who are not party members.

"Of course, the party committee doesn't have to take care of everything. It mainly takes care of the three major and one major issues! Other matters can be decided by the board of directors." Cheng Bin explained.

The idea of ​​"three majors and one major" was put forward this year, that is, in 2010, that is, the arrangement of major events, the appointment and dismissal of important cadres, the investment in major projects and the use of large funds must be passed through the party committee.

"There must be a line for greatness, right? What kind of behavior is considered great?" Wang Weidong asked.

"The appointment and removal of cadres above the middle level and the amount of investment exceeding 5000 million are considered significant. For example, I heard that you have newly established a research and development center in the United States with an investment of hundreds of millions of dollars. This is considered significant." Cheng Bin said.

It seems that Cheng Bin thought that this R&D center was invested by Wang Weidong and the others in the name of Xiangyang Group. He didn't know that this R&D center was established by Wang Weidong, Song Yu and Ou Xiaoyang themselves, and had no relationship with Xiangyang Group in terms of equity.

Wang Weidong didn't explain this matter, and what he was thinking in his head was still the problem of changing from three meetings and one floor to four meetings and one floor.

"There is a pre-procedure here, that is, the three important and one major issues must be discussed and decided by the party committee and then submitted to the board of directors and management of the shareholders' meeting." Cheng Bin continued to explain.

That is to say, if the party committee submits the proposal, the board of directors will not even have the chance to make a decision.

"This is to integrate the party's leadership into every aspect of corporate governance!" Cheng Bin said.

"That's good, so we have a helm and a leader!" Wang Weidong said.

"This will help your Xiangyang Group to become the country's leader in the inverter market in the future. The country has introduced policies to help the company's development. You have a bright future in photovoltaic and wind power!" Cheng Bin said.

"I don't know when the country will start the pilot project?" Wang Weidong asked.

When the state introduces such a policy, it must be piloted first and then steadily promoted.

"It should be soon. Now the way of thinking has changed. From asset management to capital management, state-owned capital is okay. For example, many private enterprises borrow large sums of money from banks in China and then go abroad to buy construction, sports teams and companies. If the future Their domestic companies went bankrupt, what about the banks that lent them money? They patted their asses and left to enjoy life abroad." Cheng Bin said pointedly.

"The debt ratio of our Xiangyang Group is very low among private enterprises. This time, we also used our own money to set up a research and development center abroad!" Wang Weidong said.

Cheng Bin raised his head and looked at Wang Weidong in surprise. It seems that private enterprises are now richer than he imagined.

Assets are one thing, but cash flow is another. Many bosses in China have almost nothing left after deducting bank liabilities, and even have negative assets. They are glamorous outside but rely on bank loans to survive.

However, Xiangyang Group easily provided hundreds of millions of dollars without affecting normal production.

According to Lao Ma's theory, what is capital?Capital is social relations, an invisible force.

The person sitting in front of him holds at least tens of billions of assets, can control hundreds of billions of assets, provides more than 50.00% of igbt in domestic household appliances, and more than 2 workers rely on him for wages.

If Xiangyang Group stops production, the domestic home appliances will be messed up immediately, and this is the root of the problem.

Now it is different from before. These bosses are in the United States today, may appear in Europe tomorrow, and go to Australia the day after tomorrow, as if they are citizens of the world.

Do these people still have a country in their hearts?

On the surface, they are friendly and sunny, but in fact, the two parties did not talk happily.

But Wang Weidong felt that today's meal was worth it.

Before parting, Wang Weidong said: "I heard you just said that the training course will be over in two months. When it is over, I will invite you to play golf and ski in Salt Lake City!"

"Golf is free. This kind of sport is too expensive and disciplined. I want to try skiing!" Cheng Bin said with a smile.

After Cheng Bin left, Wang Weidong said silently for a long time: "During World War II, if Germany had no such big companies as Krupp, Rheinmetall, Mercedes-Benz, BMW, and chemical giant BASF, it wouldn't matter if it didn't have a company like Mitsui Mitsubishi. Neither! Germany believes in Germans, Xiaobenzi believes in Xiaobenzi people, and China also believes in Chinese people!"

"Now I realize that I have been away from China for more than ten years, and I am out of touch!" Zhao Na said.

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