Gold Investor

Chapter 38 Asset Restructuring (2)
After Fang Yubin finished speaking in one breath, Ding Yifu pondered for a long time.The more silent the room was, the more nervous Fang Yubin became, and even his palms began to sweat.A few minutes later, Ding Yifu finally said: "I understand that what you call asset reorganization is actually Tian Ji's horse racing - using the horse under the king to compete with the other horse, taking the king's horse and the other's horse, and taking the king's horse and the other's horse. Si. Strip off the high-quality assets of Jinsheng Group, find suitable buyers respectively, and sell them at high prices."

Listening to Ding Yifu's tone, at least he didn't veto his opinion in one word.Fang Yubin's confidence increased greatly, and he said: "It is really hard to find a buyer who can swallow all the assets of Jinsheng Group, so Li Hongsheng and Jian Cangmin have the capital to be proud of. But if you divide the big meal into individual lunch boxes, if you are willing to buy them There are plenty of people who can afford it. The strength of these buyers is not comparable to that of Li Hongsheng and Jian Cangmin, so they will definitely not be as ruthless as they are when it comes to bargaining."

Ding Yifu said: "Even if it is Tian Ji's horse race, if we use our high-grade horses against other people's middle-grade horses, and use our middle-grade horses against low-grade horses, the chances of winning are not small. But the question is, what about the low-grade horses? For example, Jin Sheng The oil assets in his hands seem to be a hot potato."

Of course Fang Yubin understands Ding Yifu's concerns: After selling high-quality assets, what about those bad assets that no one cares about?When he locked himself in the office yesterday, Fang Yubin also thought about this question repeatedly.At this moment, he confessed the answer: "I think this question can be viewed from two aspects. First, the lesser of two evils. Compared with selling at a low price as a whole, the loss can be minimized by reorganizing assets and selling them separately. .”

Fang Yubin explained: "Jian Cangmin's current quotation is 15 billion, and it is estimated that there will not be much more in the future. But if the assets are divested and sold separately, we can recover more than 50 billion in cash. Of course, apart from the cash income, we have to bear The original non-performing assets and the debts derived from them, but if the two are offset, the net income will not be less than 15 billion."

Fang Yubin also said: "Secondly, the so-called non-performing assets should be viewed dialectically. Although some projects seem to suffer serious losses, they will survive the current difficulties. With the improvement of the economic environment, they may not be able to recover from the dead. The most difficult problem for Jinsheng is , Now I don’t even have the money to survive, and after selling high-quality assets, I can get back a lot of cash. If you have food in your hand, you don’t panic.”

"Is your calculation accurate?" Ding Yifu asked.

Fang Yubin took out the materials that he had sorted out overnight from his purse, and said, "I made a rough calculation yesterday, and it should be close to ten."

Ding Yifu put on his presbyopic glasses and looked carefully.Fang Yubin stood aside and kept explaining—for example, the selling price of several profitable companies; the market price of which plots of land.

Taking off his presbyopic glasses, Ding Yifu held his chin and looked thoughtful.Fang Yubin was secretly delighted, it seemed that his plan had already moved Ding Yifu.Having finished what should be said, when the leader makes the final decision, the subordinates should stop talking.He gently sat back in his seat, lest he make the slightest noise.

"This plan looks good, but it only looks!" Ding Yifu's tone was still stern, but a smile appeared on his face.

Fang Yubin leaned forward: "President Ding please give instructions."

"You have to give me a deadline." Ding Yifu waved his hand, "Your plan is just a preliminary idea, and there are no implementation details. For example, which are high-quality assets, which are non-performing assets, and what is the divestiture method? How many asset packages, none of these! You must work out a detailed plan within a week."

"No problem." Seeing that Ding Yifu agreed to his plan, Fang Yubin said excitedly.

"This is only the first deadline, and there is a second." Ding Yifu said, "Didn't you say that there is no shortage of buyers for high-quality assets, and can they be sold at high prices? You can sell a few for me to see. You have to use facts to determine Proved that this scheme works in practice.”

"Okay." Fang Yubin nodded.

Ding Yifu stood up and paced the room: "I originally thought about signing a contract with Jian Cangmin when I returned to Beijing, but now it seems that I have to delay him for a while. I will also talk about Shen Ruping. Old Shen is enough My friend, I don't think he will object. The key now is up to you."

Encouraged, Fang Yubin said excitedly: "I will do my best to live up to Mr. Ding's high expectations."

Ding Yifu patted Fang Yubin on the shoulder: "If you have any difficulties in your work, or if you need my cooperation, just tell me!"

Fang Yubin's face was full of gratitude: "Thank you, Mr. Ding."

Ding Yifu sat back on the chair: "Yuan Ruilang came to talk about the cooperation, please tell me again. What movie is Haochen Film and Television making?"

Fang Yubin sat up straight, and reported the situation of Haochen Film and Television...

2 Suspects should be used, and employers should be suspected

After sending Fang Yubin out of the hotel, secretary Gao Sijin walked into Ding Yifu's room.There is a clock in the room, and Ding Yifu also wears a watch on his wrist, but people who have been leaders for a long time often don't even bother to raise their heads or move their wrists.He asked, "What time is it?"

Gao Sijin replied, "It's 10 o'clock."

"Oh." Ding Yifu nodded, "Tell him to come over."

About a minute later, a car with a Hangzhou local license plate arrived at the hotel entrance.Lin Shengfeng, deputy general manager of Rongding Capital Shanghai Company, got out of the car and walked quickly to Ding Yifu's room.

Lin Shengfeng, who seems to be passing by and has no ambitions, is Ding Yifu's most trusted subordinate, and he is also the most important eyes and ears he has inserted into the Shanghai company.For Ding Yifu, it is certainly not enough to just listen to Yan Fei's work report.According to the habit of many years, after the public report, he would secretly summon Lin Shengfeng.

Ding Yifu held Lin Shengfeng's hand: "I went to the temple to meditate during the day, and Fang Yubin came to report work at night, so I kept you waiting."

Lin Shengfeng was taller than Ding Yifu. When he shook hands, he always bent over, trying not to let his height surpass Ding Yifu.After taking his seat, Ding Yifu said straight to the point: "Yesterday, I carefully looked at the operating data of the Shanghai company, and it seems to be pretty good. There is no adulteration in it, right?"

"That's not true!" Lin Shengfeng said, "The operating conditions of the Shanghai company are indeed relatively good."

Ding Yifu smiled: "It's all good news, isn't there any bad news? It is said that the head office has received many reports, all of which are exposing Yan Fei's problems. These letters were detained by Wu Juntong, director of the President's Office Now. Since they want to keep it a secret, I'll pretend not to know."

Lin Shengfeng said: "These reports are not groundless. Yan Fei's private life is very indiscreet, and there are several other projects he is in charge of. The operation method makes people feel weird. There should be something tricky in it."

Lin Shengfeng went on to say: "I have been in contact with Yan Fei for several years. This person has good ability, but his character is not to be praised."

Ding Yifu said with a smile: "If Yan Fei is really a saint, it would be difficult to deal with. Like him, there are a lot of braids on the back of his head, and I can catch them at any time, but I don't worry. As long as Yan Fei hasn't reached the point of madness , just don’t touch him for the time being.” After a pause, Ding Yifu said again: “No one is perfect. Let alone Yan Fei, just talk about the person we like, and I don’t know what will happen in the end!”

"You mean Fang Yubin?" Lin Shengfeng asked, "Didn't I hear that he made any trouble in Jiangzhou?"

Ding Yifu sneered and said: "This kid is very slippery. The eyeliner we arranged sent back news that Fang Yubin had private meetings with Yuan Ruilang several times in private. He came to me today and seemed to be frank, but in fact he still kept a hand."

"Are you worrying too much?" Lin Shengfeng said, "Yuan Ruilang is Fang Yubin's old leader after all, and the relationship between the two has always been very good. Now that Yuan Ruilang has left the company, it is not surprising that they met in private."

Ding Yifu sighed: "I dare not say sharp eyes, but I have seen countless people in these years. I always feel that Fang Yubin is dishonest. Just say that his eyes when talking to me are definitely not like yours." as crystal clear."

Lin Shengfeng asked: "You want to replace him?"

"No!" Ding Yifu shook his head and said, "My consistent point of view is that you should use people who are suspicious, and you should be suspicious when you employ people. Lian Yanfei, who sold himself to Fei Yunpeng a long time ago and is always against me, can tolerate him, why? Want to change Fang Yubin? Besides, Fei Yunpeng and his gang hate Fang Yubin deeply. In Rongding, he has no other choice but to follow me wholeheartedly. I am not worried that Fang Yubin will betray me, but I am afraid He's so lucrative that he's out of his wits, trying to make money for himself in the company's projects, but in the end people will catch him, and I can't even keep him. So, I have to keep beating him."

Lin Shengfeng smiled: "Are you still reluctant to part with this kid?"

Ding Yifu said: "Fang Yubin is really talented. Just now he proposed a plan to restructure the assets of the Jinsheng Group. If he does what he said, there may be a turnaround. It's still the same sentence, no one is perfect, so let's look at his strengths." .”

Ding Yifu leaned back on the wooden chair, twirled Buddhist beads, and said, "Recently, I was reading a book about the history of the Ming Dynasty, and there was a man named Yin Zhengmao in it. This man was born as a Jinshi, but he was extremely talented in military affairs. He was considered a famous general of the generation. In addition, he was a big corrupt official. When he was a local official, he was paid by the peasants, and even dared to swallow the soldiers’ salaries after leading the army. Coincidentally, when the Guangdong and Guangxi rebellion happened, when the imperial court was employing people, the cabinet scholar Gao Gong urged Yin Zhengmao to take the lead and go to Guangdong and Guangxi.”

Ding Yifu continued: "Yin Zhengmao's reputation for corruption is so bad that almost everyone opposes it. Gao Gong did not hesitate to use his trump card: whoever opposes Yin Zhengmao will go by himself. Going to the front to fight is hard work. This time, no one said anything." Later, someone suggested that even if Yin Zhengmao was sent, he should go with a supervising army, lest this kid wantonly greedy for military salary. Gao Gong said that all the military salary will be allocated directly to Yin Zhengmao. In this way, Yin Zhengmao was happy to take office, greedy for money, and won the battle There were many fights. Later generations commented that Gao Gong is worthy of being a famous figure of a generation, and he made a good deal."

"I understand." Lin Shengfeng said, "Allow one million taels of military pay to Yin Zhengmao, even if he is greedy for half, but with his talent, it is enough to put down the rebellion. If a clean and honest person is sent, maybe he will not be greedy for a tael, but If things can’t be done, the imperial court will have to increase the military pay, once it is delayed, several million taels will not be able to solve the problem.”

"That's right." Ding Yifu said, "No matter who it is, it really can revive the Jinsheng Group project. Even if I make a small move, I can still forgive."

After following Ding Yifu for many years, Lin Shengfeng is not only the most loyal subordinate, but also almost an old friend of Ding Yifu.What others dare not say, Lin Shengfeng can say.He half-jokingly said: "For Yan Fei, you can hold back; for Fang Yubin, you can also forgive me. This is a far cry from what you said at the company meeting."

"I still have to talk about what should be said." Ding Yifu also laughed, "But in practice, you have to use it flexibly." "Is this called using corrupt officials and fighting against corrupt officials?" Lin Shengfeng sighed.

Ding Yifu said: "What you are talking about is probably the conversation between Yu Wentai, the founder of the Northern Zhou Dynasty, and Su Chuo, a celebrity?"

"That's right!" Lin Shengfeng nodded.

It is said that in order to unify the world, Yu Wentai visited all the talented people in the world. One day, he met the great celebrity Su Chuo and asked him for advice on how to govern the country. Su Chuo offered the strategy of "use corrupt officials and fight against corrupt officials".

Yu Wentai was a little puzzled: "Why use corrupt officials?" Su Chuo replied: "Whether you are fighting for the country or sitting in the country, you need your subordinates to work for you, but it must be beneficial to let others work for you. Give power, let him use the power in his hand to search for people's fat and people's anointing, won't he get benefits?" Yu Wentai asked: "Corrupt officials get benefits, what benefits do I have?" Su Chuo replied: "He can get benefits because you gave him money." In order to protect his own interests, he will desperately defend your power, and if corrupt officials protect your power, wouldn't the country be consolidated?"

Yu Wentai asked again: "Since corrupt officials are used, why do we still have to fight against them?" Su Chuo replied: "This is the essence of power tactics. When using corrupt officials, one must fight against corrupt officials. First, how can there be an official who is not corrupt? Officials are not afraid of corruption." Corruption, fear of not listening to you. In the name of anti-corruption, eliminate corrupt officials who don’t listen to you, and keep corrupt officials who are obedient. This will eliminate dissidents and consolidate your power. Second, as long as officials are corrupt, the blame is on you How dare he betray you? He will only obey your words obediently."

Yu Wentai was overjoyed, and Su Chuo asked again: "What if you use too many corrupt officials to provoke public grievances?" Yu Wentai was startled, and hurriedly asked: "Sir, what is your plan?" Su Chuo replied: "Set up the banner of anti-corruption, Let the people think that you are good, but the bad ones are only those corrupt officials who put the blame on them, and let the people think that there are so many problems, not because you do not want to do well, but because the officials below do not implement your policies well. Yes Those officials who have too much grievances from the people, kill him! In short, get rid of corrupt officials to eliminate dissidents, kill corrupt officials to buy people's hearts, and don't be greedy for money to fill their own pockets. This is the highest level of scheming."

Ding Yifu twirled the beads in his hands, and said slowly: "I saw this conversation for the first time, and I was very shocked. Unfortunately, I searched through the history books, but I couldn't find its source. It must have been fabricated by later generations. But after thinking about it It's normal to think about it. Chinese people have always written history in the Spring and Autumn style. What thick black learns can be learned and used, but they are never willing to say it. So our books are full of self-cultivation, family governance, and world peace. There will not be a work like the Western "The Prince", which blatantly advocates that rulers should rely on cruelty and blackmail to win."

Lin Shengfeng said: "Regardless of the truth or falsehood, this dialogue is indeed a rumor. Otherwise, it would not have spread so widely."

Ding Yifu nodded: "I haven't cultivated to the level of Su Chuo. What I'm thinking about is just the most realistic problem: remove all the moths in Rongding Capital, and the company will definitely become better. okay?"

Ding Yifu went on to say: "The company has developed well in recent years. With this golden rice bowl, it is inevitable that some people will use their brains. Sometimes I also ask myself, the whole company is getting paid every month, and I don't go outside to make money. How many people are left for those who benefit from the money? As long as those who get the benefits will be fired, I am afraid that I will become a poor commander immediately."

"Besides," Ding Yifu smiled wryly, "after cleaning up the old moths, will the newcomers be clean?"

Ding Yifu continued: "I once went shopping in a supermarket in Beijing, which also gave me a lot of inspiration."

"What experience?" Lin Shengfeng asked curiously.

Ding Yifu said: "After shopping, I came out of the parking lot, and the security guard asked me to charge the parking fee, which was 20 yuan in total. I said it was so expensive, can it be cheaper? The security guard said, if you don't want a receipt, you will be charged 10 yuan."

Ding Yifu sighed: "A security guard who lives at the bottom of society in the eyes of outsiders is not soft-hearted when he gets money. Although 10 yuan is a small amount, after careful calculation, the kickback he asked for is as high as 50%. If you dare to do this in a parking lot, if you have more resources in your hands, what else are you afraid to do? Our bold investment managers will only ask for a 5% rebate from the company when they make an investment."

Lin Shengfeng shook his head and said: "That's right, drive away the people who are full of food and bring a few hungry people, and the situation will be even more dire."

Ding Yifu put the prayer beads back on the table: "What I can do in the company is to restrain some people. I don't have the ability to make everyone become Buddhas instantly."

Ding Yifu stood up and said slowly: "Every time I come to Hangzhou, I like to stay in this hotel, especially I like to get up early and take a walk. When I walk out of the room, I walk alone on the stone road with a history of thousands of years. There are scattered farmhouses in groups , or standing beside the quiet path, or hidden in the forest. The sound of chanting from the surrounding temples is even more refreshing. Such a scene can really be called a pure land on earth.”

"But," Ding Yifu changed the subject, "living here, can you really stay away from the hustle and bustle of the world? Phone calls from all directions will come to your door, and various interests are still lingering in your mind. There is no such thing as a pure land in this world! "

(End of this chapter)