Rebirth of the 1980s: The Military Industry Empire
#596 - Chapter 596 This pit is very big
Qin Yang's heart filled with joy. After all the effort and groundwork, it was finally a success!
All along, he had been preparing for two possibilities: if the Aviation Industry System didn't agree to his acquisition, he would establish a solely-owned aviation industry.
However, building an aviation enterprise from scratch was very difficult. Constructing factory buildings was easy, and purchasing equipment was just a matter of spending money, but cultivating personnel was difficult.
The 960 Factory had many technicians, but who knew how to build airplanes? They couldn't even properly hammer a simple rivet, requiring extensive training.
If he started from scratch, Qin Yang would have to struggle for several years before his aircraft factory was on the right track. With an existing one, it would only take a year or two.
Therefore, although he said he didn't care, he cared deeply in his heart. He was very much looking forward to acquiring the 011 Base.
After such a long period of groundwork, it was finally a success!
"However," the old leader said, changing the subject, and Qin Yang's heart sank again.
What was going on? Did the old leader have other ideas?
"The conditions for this acquisition need to be changed," the old leader said. "After all, the state has invested a lot of money in the 011 Base. Your 960 Factory has played a huge role in the military industry in recent years, earning a lot of money, so you should also give back to the state. Do you have any objections?"
"No objections," Qin Yang quickly said. "Without the motherland, where would our 960 Factory be? We earn money to better promote the progress of the national industry. Our policy is to let those who get rich first help those who are still poor, and ultimately achieve common prosperity. We have already become rich, and it's time to give back to the state."
"Yes, well said," the old leader said. "Your 960 Factory plans to invest 300 million in relocation, 100 million to support project research and development, and 400 million to update equipment, is that right?"
"Yes."
"Then you should contribute another 200 million to the state to support national construction, making it a total of one billion, how about that?"
Old Lin's eyes lit up: "Old leader, this money can be used for our air force construction! We still lack a low-end fighter jet to match the J-11!"
Listening to their words, Qin Yang smiled bitterly in his heart. What else could he do? The old leader had already spoken, could he object?
The old leader looked at Qin Yang: "How about it, have you considered it?"
"Of course, no problem," Qin Yang said. "We earn money for the country."
"As for the shareholding issue, since we have decided to open up management rights to competition, we can certainly support you in holding a controlling stake in this enterprise. However, this was built with huge funds from our country in the first place, so giving us only 10% of the shares is not acceptable. Our country will just benefit from your 960 Factory and get more dividends then."
Old Lin looked at Qin Yang meaningfully. How did it feel to be making clothes for others? After all this effort, it still benefited the country in the end?
"Ten percent of the shares?" Qin Yang shook his head. "How is that possible? Didn't the Aviation Industry System propose 50% of the shares?"
Old Lin realized, ah, so the trap was here!
Those people slandered President Qin for encroaching on state property. How did President Qin encroach on it? Investing one billion and only wanting half of the shares, the state definitely benefited!
The old leader was surprised: "However, in the report that the Aviation Industry System gave me, it said that you were asking for a high price, wanting 90% of the shares, and wanting to encroach on state property. The wealth in the hands of your 960 Factory is equivalent to being in your personal hands."
"Alas, they must have misheard. Our 960 Factory requires absolute control, wanting to hold 51% of the shares, leaving them with 49%. The dispute is over that 1% of the shares, not 10%."
The old leader's expression became serious. This was even worse! It seemed that the Aviation Industry System needed to be cleaned up! They were not only not doing their jobs, engaging in power transactions, and seizing the achievements of others, but they were also trying to smear the people who were actually working!
"However, we require that the 49% of the shares given to them are all dry shares, only for dividends, and they cannot participate in any of our production management, let alone expect to place their relatives here. Otherwise, we will invest one billion and revitalize the 011 Base, and in the end, we will be making clothes for others. We won't do that!"
"Okay, then let's do as you say!" The old leader nodded, finalizing the investment and shares. This matter was settled.
Old Lin looked at Qin Yang meaningfully. Now those guys were going to be unlucky. Let them be high and mighty every day. Hmph, offending President Qin would lead to this kind of end!
The two planned to say goodbye and leave, but the old leader thought of something else: "What about Tianjin? Did you fool Tianjin this time?"
"Of course not," Qin Yang said. "We have still decided to open a factory in Tianjin."
The old leader nodded: "Good, opening up management rights is meaningful. Your 960 Factory is a model. You get rich first, and then drive more people, and ultimately achieve common prosperity. Your 960 Factory continues to grow bigger and stronger, playing a more important role in our country's industrial development!"
"Yes, we will definitely keep your teachings in mind."
Coming out of the room, Old Lin's eyes were fixed on Qin Yang.
"Old Lin, what's wrong? Do I have words on my face?"
"No, President Qin, why can't I see any disappointment on your face?" Old Lin said. "The 90% of the shares has been reduced to 51%, which is not much different from the proportion given to you by the Aviation Industry System. After all this effort, you have suffered a big loss."
"What loss?" Qin Yang said. "If we wanted 90% of the shares, would the old leader approve it? We never dared to hope for too much."
From the beginning, Qin Yang's plan was for 51% of the shares. As long as he had absolute control, as long as his 960 Factory had the final say, as long as the remaining shares were all dry shares and did not participate in decision-making, that was enough.
The Aviation Industry System would never agree to these conditions. When the 011 Base developed in the future, they would still want to continue to suck blood from the 011 Base.
Now, the nature of this enterprise has at least become private, and the state only receives dividends, which is already enough.
In the 1980s, who could openly turn such a large state-owned enterprise into a private enterprise?
Qin Yang never expected too much, and the current result was already the best. As for the 10% of dry shares he proposed, it was to dig a hole for the Aviation Industry System.
The 960 Factory was about to have a huge aviation industry and become a giant in the domestic military industry!
Moreover, this enterprise was separate from the domestic Aviation Industry System. In the future, it would be impossible for those people in these systems to play any tricks!
Supporting Old Song's project would be even easier.
The sun was particularly bright today, shining on Qin Yang's face, which was full of smiles.
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