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Text Chapter 984 New Plan

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    Xie Tang pushed the cart into the yard and looked at Shen Huai and Li Gu driving past in the alley.

    Xie Chengjiang, who ran out to help Xie Tang open the door, also looked outside. He saw the tail of the car and asked Xie Tang, "Who is it?"

    "It's Shen Huai. He and Mayor Li took a car to Governor Xu's house." Xie Tang said.

    Xie Chengjiang looked out hesitantly again, and saw that the three cars had turned out, then he withdrew his wandering eyes, and walked into the living room with Xie Tang. When he saw Song Hongjun sitting there as if he was unaware, he said with a smile: "  Shen Huai was impressive at Yuanye Automobile Industry Group today, and he just took a car to Governor Xu's house, are you planning any big moves again?"

    "Ah, when will Shen Huai go to Governor Xu's house?" Song Hongjun asked.

    "Just now, Xie Tang came back from his bike and saw him and Li Gu sitting in the car." Xie Chengjiang said.

    "Perhaps I was called over for something at the last minute. I didn't even hear Shen Huai talk about it this morning." Song Hongjun said.

    "I heard that Yuanye has been discussing cooperation with BAIC and Pucheng for some time. The cooperation plan with BAIC and Pucheng has also been quite recognized by the province. If you intervene now, will there be a lot of resistance? Xu  Is the governor calling Shen Huai over at this time related to this matter?" Xie Chengjiang asked.

    "I don't know the situation very well. I can only wait until Shen Huai meets Governor Xu before I call him and ask him." Song Hongjun said in an evasive manner. Naturally, he would not reveal Shen Huai's overall plan to Xie Chengjiang and the others without any reason.

    Xie Zhi was sitting on the sofa opposite. Thinking of seeing a lot of information about the development of the automobile industry at Shen Huai's residence on New Year's Eve, she guessed that Shen Huai might want to attack Yuanye Automobile Industry Group, which he could reach. She then  I also learned some relevant materials and found out that the situation involved by Yuanye Automobile Industry Group was quite complicated.

    In addition to BAIC¡¯s plan to build a new production base in Xucheng, Zhao Moshi of Pucheng Group has also been planning to enter the car market. Shen Huai¡¯s involvement in this matter now is a bit of a grab.

    Seeing that her father, uncle, Ye Xuanfeng and Hong Qi were all silent, Xie Zhi thought to herself, if Song Hongjun hadn't been here, they probably wouldn't have anything nice to say, right?

    "Pu Cheng negotiated with Yuanye first and almost reached an agreement. Moreover, Pucheng Zhao Moshi has an extraordinary relationship with Governor Xu. Governor Xu called Shen Huai over at this time. He was probably planning to launch an attack on him, right?" Xie Chengjiang looked at him.  Song Hongjun told his guess.

    Song Hongjun smiled inwardly and secretly thought that everyone in the room was probably looking forward to Xu Pei taking Shen Huai over to question him, right?

    Although Song Hongjun had not spoken to Shen Huai on the phone at night, and he was not sure whether Xu Pei called Shen Huai and others over at this time to deal with the restructuring and reorganization of Yuanye Automobile, the biggest variable in the whole matter was Xu Pei. They had previously treated Xu Pei  How could Pei's possible attitude not be analyzed and speculated in detail?

    ?************************

    The car stopped in the alley outside the yard. Cao Zhengjiang and Xu Pei's secretary Zheng Yongjin probably heard the sound of the car and went to the yard to wait for them to come in.

    Cao Zhengjiang stood at the door of the courtyard, shook hands with Li Gu, Jiang Yibin, Shen Huai, and Ding Jianguo very politely, and said, "Governor Xu is waiting for you in the study," and he held Shen Huai's hand warmly and patted it.  On the back of his hand, he said, "Governor Xu is guessing that you have great plans for the revitalization and development of the province's automobile industry, and he is waiting for you to come and use it."

    Hearing what Cao Zhengjiang said, Shen Huai said with a smile: "Secretary-General Cao, you are giving me a thumbs up. The provincial leaders are concerned about the revitalization and development of the province's automobile industry, and the planning and economic and trade departments below are responsible for planning and implementation. Even if  The State-owned Assets Supervision and Administration Commission cooperates here, and it is Secretary Jiang who takes the lead"

    "Director Shen wants to roast me on the stove, but this won't work." Jiang Yibin laughed, with an intimate look, pushed Li Gu's shoulder, let him go in first, and said, "I must give it away."  Let's put it on the stove to bake, and let Mayor Li come first"

    Just now at the Guest House, Shen Huai had dampened Zhao Moshi's enthusiasm and wanted to bring Pu Cheng to the same starting line as Dongshi Motors to compete with new plans. Jiang Yibin could have thought that Shen Huai should have prepared a relatively mature plan long ago.  He wanted to stop Zhao Moshi, but he was still hesitant about Governor Xu Pei's attitude.

    It doesn't matter whether Cao Zhengjiang helped Zhao Moshi exert some unnecessary influence on Governor Xu Pei before. What is important is that Cao Zhengjiang's attitude has changed at this time, which shows that the whole matter still falls on Shen Huai  under the control track.

    Jiang Yibin felt uncomfortable because Shen Huai had full control over the direction of the situation, but it was more reassuring than falling out in front of Governor Xu Pei.

    This year¡¯s early spring, just a few days after the Spring Festival, the temperature rose to above ten degrees, and some rose flowers bloomed in the corner of the yard, which were not withered by the cold winter.

      Cao Zhengjiang's rank has also been raised, and he is now the deputy secretary-general and director of the general office of the provincial government. Since he is staying in the yard and telling the truth, Shen Huai will naturally not expose it.  Shen Huai also laughed and walked into the house with Li Gu, Cao Zhengjiang, Jiang Yibin and others with smiles on their faces.

    Although it was the Lantern Festival and Xu Pei returned home early in the morning, he was still dealing with official matters at night.

    Xu Pei was in his early fifties and energetic. However, due to long-term fatigue with paperwork, his eyes were slightly presbyopic. He would wear a pair of glasses when reading documents. When he saw Cao Zhengjiang leading Li Gu, Shen Huai, and Jiang Yibin in, he  He took off his reading glasses and said:

    "You and Yibin went to Yuanye Automobile Industry Group to investigate today. Da Zhou Danian, who visited Yuanye, called me to complain; I ignored him. The purpose of establishing the State-owned Assets Office is to strengthen the supervision of the state-owned assets system. Although  Above the State-owned Assets Supervision and Administration Commission, a regulatory leading group has been temporarily established. This is to grasp the general direction and not go astray. The leading group will not participate in the drafting process of specific restructuring and reorganization plans for provincial state-owned enterprises. However, judging from today's situation, Yuanye Automobile  Regarding the restructuring and reorganization of industrial groups, there are still some differences between the State-owned Assets Supervision and Administration Commission and the enterprises Regarding the opinions of the enterprises, I went to Yuanye Automobile Industry Group to investigate and heard their reports. Now I want to hear the opinions of your State-owned Assets Supervision and Administration Commission. This is Yibin  , or Shen Huai, you say it?"

    Shen Huai glanced at Jiang Yibin. Jiang Yibin thought that Xu Pei's words were all directed at Shen Huai. Although he felt sour in his heart, he also knew that being jealous of Shen Huai at this time was something only two hundred and fifty people could do. He said: "Shen Huai.  In charge of the restructuring and reorganization of provincial state-owned enterprises, Shen Huai is more familiar with the specific situation."

    Xu Pei stood up and asked everyone to sit down in the living room of the study.

    "The separation of government and enterprises should give enterprises greater operational autonomy. This is the focus of the restructuring of state-owned enterprises at this stage." Shen Huai sat down and said slowly, "I can imagine what Zhou Danian will sue me. He will probably  Accusing me and the State-owned Assets Supervision and Administration Commission have seriously interfered with the independent operation of Yuanye Automobile Industry Group. The company is operating well and state-owned assets are in value-added development. We want to give enterprises more autonomy in operation and cannot use administrative orders to interfere. However, Yuanye Automobile Industry  The group has audited total assets of nearly 2 billion, with a responsibility rate of more than 70%. This does not include the unsaleable inventory. If the unsaleable inventory of nearly 400 million is calculated, Yuanye Automobile Industry Group, with total assets of nearly 2 billion,  The net assets may only be a little over 200 million. Such an enterprise needs operational autonomy from the province and the State-owned Assets Supervision and Administration Commission. Governor Xu, what do you think of this?"

    Jiang Yibin was suddenly shocked when he saw Shen Huai showing murderous intent in his first words after sitting down. He thought that Zhou Danian probably didn't expect that if he failed to file a complaint, Shen Huai would be beaten back severely, right?

    Xu Pei frowned and said: "Restructuring requires the separation of government and enterprises, and reduces the interference of administrative orders on business operations. The key issue is to return to the establishment of a modern enterprise system, rather than blindly laissez-faire. The business situation of Yuanye Automobile Industry Group  If this situation is not optimistic, the State-owned Assets Supervision and Administration Commission must actively intervene. This is also the original intention of establishing the State-owned Assets Supervision and Administration Commission, which is to strengthen the supervision of operating state-owned assets."

    Although Zhou Danian is a deputy department-level state-owned enterprise official, Xu Pei has long been troubled by the predicament of numerous state-owned enterprises. If Shen Huai wants to kill chickens and scare monkeys, he will not object.

    "Governor Xu, what you are saying is that one of the cores of the modern enterprise system is the clear definition of rights and responsibilities. Even if the State-owned Assets Supervision and Administration Commission can wipe the shit out of Yuanye Group, there is no reason why the parties involved should not be held accountable. Of course, supervision work is beneficial.  Secretary Bin is in charge, so I won¡¯t take advantage of Secretary Jiang¡­¡±

    Seeing that Jiang Yibin did not reap the benefits, Shen Huai pushed him out and used him as a murder knife. He wanted to jump out and kick this idiot in the face, but at this time, he could only vaguely agree: "Although the State-owned Assets Supervision and Administration Commission was newly established,  Many rules and regulations are in the drafting stage, but the regulatory system corresponding to rights and responsibilities must be put into operation first.¡±

    Ding Jianguo sat next to him and had nothing to say. What Shen Huai said in front of Governor Xu Pei was true. If after the provision for unsaleable inventory, the net assets of Yuanye Automobile Industry Group would be only a little over 200 million.  We really need to find one or two people to take charge.  He thought to himself that Zhou Danian was retiring soon and did not expect to be promoted, so he thought that he could confront Shen Huai unscrupulously. He was really wrong. How could Shen Huai be so merciful when he was the first to start the fire?  In the eyes of Governor Xu Pei, Zhou Danian is simply a worthless abandoned son. Cao Zhengjiang has now stepped back. How can Zhou Danian still expect Zhao Moshi to intercede for him in front of Governor Xu at this time?

    *************************************

    At this time, the nanny made tea and brought it over. Shen Huai took a teacup, opened the lid of the teacup, and saw that the water inside was boiling and steaming. He put the teacup on the corner of the coffee table and continued to say without being busy drinking:

    "No one wants Yuanye Group to become a huge burden in their hands and take advantage of the price.Taking out assets and reorganizing them before the value is lost can be regarded as solving a problem.  As far as the State-owned Assets Supervision and Administration Commission is concerned, this idea is also correct.  When we solve problems, we first establish goals, then break down the goals, formulate plans, and then implement them.  However, the situation has undergone some changes in the past two years. The goals established two years ago were adapted to the situation two years ago, but today, two years later, they may not be appropriate. We cannot remain rigid.  "

    "Well," Xu Pei nodded and said, "Please tell everyone about the major changes in the situation in the past two years."

    "Two years ago, the domestic automobile market, especially the passenger car market, was developing relatively slowly. The main demand was concentrated on taxis, enterprises and institutions, and private demand was extremely limited. However, in 1998 and 1999, private demand for cars and mini-cars increased.  The demand for passenger cars has risen sharply. This year, it will surpass taxis and cars used by enterprises and institutions, becoming the largest market demand for passenger cars. With economic development, the potential for growth in demand for private cars is mainly for taxis and cars used by enterprises.  Vehicles used by public institutions are far incomparable, and there will be explosive growth in the future. This is the most important situation change in the past two years. The management of Yuanye Automobile Industry Group does not have a clear understanding of this.  For one thing, they are unqualified management in my mind," Shen Huai said.

    When it comes to judging the economic and industrial development situation, no one here has more say than Shen Huai. Xu Pei nodded and motioned for Shen Huai to continue.

    "Yuanye introduced technology and production lines from Japan in 1992 to produce passenger cars, mainly sedans. It was completed in 1994 and was briefly popular for a few months," Shen Huai said. "But the previous round of economic overheating began  In 1992, 1994, and 1995, some serious consequences occurred, also in the automobile industry. As car assembly lines sprung up all over the country, Yuanye's performance plummeted under severe market competition conditions, resulting in  The continued large-scale losses in the car department in 1995, 1996, and 1997 were also a major factor in Yuanye's first desire to cut off the car production department. However, at the end of 1998, the State Council strengthened its management of passenger car production and market chaos.  Strictly implementing the production license catalog system, the car assembly lines including Dongshi were shut down one after another, which actually brought a great turning point to Yuanye. The group management did not expect to seize this turning point and revive the market, but only thought of  The license in their hands may be worth some money, and they are eager to resell it. This mentality also shows that they are not qualified corporate management."

    Jiang Yibin glanced at Cao Zhengjiang, who took a notebook and recorded Shen Huai's words seriously. It seemed that Shen Huai's speech was more important than Xu Pei's.

    Jiang Yibin secretly felt that Shen Huai was going to take down Zhou Danian and other Yuanye management and peel off a clean Yuanye and give it to Dongshi?

    "Haha," Xu Pei laughed and said, "You were transferred to the province to make a big splash. It seems that you are planning to restructure Yuanye Automobile Industry Group and develop the province's automobile industry.  If you have done a lot of homework, then you can just talk about it freely."

    "The situation has changed greatly in the past two years, and the goals initially established need to be revised," Shen Huai said. "The main goal of Yuanye Automobile Industry Group is to ensure the value-added growth of state-owned assets. At the same time, as a leading automotive enterprise in the province, it must  It plays a role in driving the comprehensive development of the province's automobile industry. The automobile industry itself is only one aspect. The automobile industry has a huge role in stimulating the upstream and downstream, which is what we cannot ignore. Cooperation with BAIC can only reduce losses, but cannot  To add value, it will also give up a huge market with huge room for growth in the future. In cooperation with BAIC, Yuanye's production department will be integrated into BAIC's production system and be responsible for the production of a small number of parts and a small number of complete vehicles for BAIC, which will not be able to achieve this goal.  It plays a role in bringing about the rise of the province's automobile industry"

    Shen Huai continued: "As for countries with relatively mature automobile industries in Europe and the United States, there are a lot of data that we must refer to. 40% of the products in the machine tool industry are specifically sold to the field of automobile production. If we now abandon the wilderness and dismember it, then  Nearly twenty state-owned enterprises affiliated to the province and Xucheng City related to metal cutting, forging and casting, electronic numerical control, measuring and cutting tools, etc. are likely to lose a broad provincial market. In the upstream industrial chain, in addition to machinery  In addition to industry, the development of the automobile industry will inevitably drive the development of textile, chemical, rubber, plastics, steel, non-ferrous metals, electronic appliances and other industries, while affecting the downstream road construction, highway transportation, petrochemicals, automobile sales, maintenance, insurance, cleaning  There is also a huge promotion effect in the service industry. How strong is the promotion effect of the automobile industry on the upstream and downstream? There is a relatively recognized international data that is 1 to 10. In other words, the automobile industry directly creates an added value of 10 billion.  Promote the social added value of 100 billion. In countries with relatively developed automobile industries, the proportion of upstream and downstream related employment directly and driven by the automobile industry can reach 10-15% of the population"

    "Shen Huai said that the target should be revised due to changes in the situation in the past two years. In fact,"It saved me some face," Li Gu took over Shen Huai's words and said, "Two years ago, my thinking about the restructuring direction of Yuanye Automobile Industry Group was limited to shedding the burden, and I lacked a vision for development"

    Li Gu¡¯s words left a lingering flavor, but the meaning was clear.

    Xu Pei nodded and said: "Yes, if Huaihai wants to have its own automobile industry, it needs its own leading automobile company. The province still has a consensus on this. Previously, Yuanye Automobile Industry Group, in addition to planning to cooperate with BAIC,  , and also plans to establish a joint venture car company with Pucheng Group, which should also be considered. However, Pucheng Group's conditions are still lacking. It is possible to participate, but at this stage, I think Pucheng Group still cannot play a leading role.  , the State-owned Assets Supervision and Administration Commission must also carefully select cooperative enterprises"

    Shen Huai saw that Xu Pei wanted to excuse Pu Cheng. He didn't know whether it was Cao Zhengjiang who had honestly explained to Xu Pei before they came over, or some other factor. However, Zhao Moshi was a very slippery man and there was nothing he could do if he wanted to get away.  Chasing after him, he took Xu Pei's words and said directly: "The Dongshi Automobile Factory, a township enterprise in Panyuan Township, is a cooperative enterprise that the State-owned Assets Office has recently inspected."

    Jiang Yibin cursed in his heart: Apart from you, when did anyone from the State-owned Assets Office come into contact with Dongshi Automobile Factory?

    Xu Pei didn't know what Jiang Yibin and Ding Jianguo were thinking, so he said to Shen Huai: "Dongshi Automobile Factory is a famous township enterprise in Xucheng. I have heard of it; please tell me about the specific situation of Dongshi Automobile."

    "The Dongshi Automobile Factory is not large in scale. After the car production line was cut off, it currently mainly produces pickup trucks and some small trucks. The contractors of the Dongshi Automobile Factory, Liu Jian and Liu Jizhou, are also well-known entrepreneurs in Xucheng.  Due to the fact that the Dongshi Automobile Factory is a collective enterprise, the production scale cannot be expanded rapidly. Liu Jian, Liu Ji and Zhou Shujie established a joint venture in addition to Dongshi Automobile to produce supporting automobile production enterprises such as engines, gearboxes, chassis, and car bodies.  On the whole, Pan Yuanxiang's current automobile industry's overall asset size may not be as good as Yuanye's, but its technical integrity and production management level are much better than Yuanye's. In particular, the pickup trucks produced by Dongshi have already become more popular in the market.  It leaves Yuanye far behind. Although pickup trucks are classified as commercial vehicles, they are technically in the same line as passenger cars. Moreover, Yuanye management also complained that Dongshi has poached the technical backbone of Yuanye and stepped on it.  It was developed based on Yuanye¡¯s corpse. It¡¯s understandable that Yuanye¡¯s resentment is hard to eliminate, but the flow of talents needs to be encouraged. Since the current technical management backbone of Dongshi comes from Yuanye, Dongshi will take over Yuanye at this time.  The passenger car sector also has natural convenience and is not prone to connection problems"

    "The merger of Yuanye's passenger car department and Dongshi will have a catalytic effect of one plus one," Xu Pei said, "but what about the subsequent development?"

    "The domestic pickup truck market is small. Dongshi has performed well in this narrow market and has long wanted to enter the car market. However, due to lack of permission to enter, even the previously built car production lines had to sit idle.  , but Dongshi has been patiently preparing and waiting for the opportunity to re-enter," Shen Huai said. "The passenger car department of Yuanye will be handed over to Dongshi. The previous obstacles for Dongshi to enter the car market will be eliminated. Previously, the province's car production  Sales may increase threefold, fivefold or even higher within this year. Of course, there is nothing to be complacent about such a growth. Even if it is a tenfold increase, if the production capacity is fully opened, it will only be three times.  The output of 50,000 units. Domestic passenger car production and sales are likely to exceed 2 million units this year. If Huaihai Province wants to occupy one-tenth of the share, it must form a production scale of 200,000 passenger cars.  We are still far away from this goal. I also talked with Liu Jizhou from Dongshi Automobile Factory. As a township enterprise, Dongshi Automobile Factory has great restrictions on expanding production. Due to various worries and restrictions, Liu Jizhou  The ambition to expand production and strengthen Dongshi can only be temporarily suppressed. Now the restructuring of township enterprises must be further deepened, and loosening the hands and feet of enterprise operators is also one of the goals. Dongshi Automobile Factory is also on the list of this batch of restructuring  One. Uncles and nephews Liu Jian and Liu Ji will transform from the ten-year-long role of contractor operators of Dongshi Automobile Factory to shareholder operators. They will be closely related to the development of the company and share weal and woe. Subsequent development plans will no longer be tied up.  Restricted by rigid systems. When it comes to funds for development, we think we can solve it this way. As one of the first batch of listed companies in the province, Dongjiang Precision Chemical has only been left with a shell in the past few years, but we can borrow Dongjiang Precision Chemical  This shell issued one billion convertible bonds and injected them into a new car joint venture. Governor Xu said that Pucheng Group can also participate. The convertible bonds are publicly issued. Pucheng Group purchases the convertible bonds and ultimately takes the principal and interest.  Pucheng Group can decide at its own discretion whether it can be converted into equity in the listed company at an agreed price during the period"

    "What do you think of this plan?" Xu Pei asked Jiang Yibin and Ding Jianguo. After all, the final plan was made byJiang Yibin and Ding Jianguo are nominally one of the main negotiators from the Fund Office.

    Dongjiang Precision Chemical is currently controlled by Provincial State Investment Corporation, but its market value is less than 200 million. The so-called issuance of one billion convertible bonds, Jiang Yibin can think of who will pay for this one billion with his toes.  Convertible bonds, once the debt is converted into equity, the controlling stake of Dongjiang Refining will naturally be transferred from the provincial capital.

    In addition to indirectly participating in the production and operation of the new joint venture automobile company through Dongjiang Precision Industry, the Meishan Iron and Steel Department also casually took away the shell of the listed company Dongjiang Precision Industry.

    It¡¯s just that Jiang Yibin can¡¯t say that Shen Huai¡¯s plan is bad, and he can¡¯t say what¡¯s wrong with Shen Huai¡¯s plan.  Shen Huai's plan didn't even refuse Pucheng Group's participation. Even Zhao Moshi couldn't say "no" through gritted teeth, so what could he say?

    On the surface, Shen Huai¡¯s plan did not reject Pucheng Group¡¯s participation, but how much of the one billion convertible bonds could Pucheng Group buy?  How much are you willing to buy?  In the end, didn't most of them fall under the control of the Mei Gang system?  This also means that in the future, the controlling stake of Dongjiang Precision will fall into the control of Meishan Iron and Steel Group.

    However, Jiang Yibin also thought, if Shen Huai uses the shell of Dongjiang Precision to control the development of the province's automobile industry, how many times will Dongjiang Precision's stock price soar in the future?

    Moreover, Dongjiang Refining's current 100 million legal person shares are under the control of Provincial State Investment Corporation. Even if the debt-for-equity swap results in the transfer of controlling rights in the future, Provincial State Investment Corporation will still be one of Dongjiang Refining's major shareholders; Dongjiang Refining's stock price exploded  After Zhang, the financial books of Provincial State Investment Corporation will look much better. These are real benefits, otherwise what is the use of grabbing a shell?

    Thinking of this, Jiang Yibin secretly felt that it would be better to get some benefits first, and nodded and said: "Shen Huai's plan is still very feasible. By issuing one billion convertible bonds, our province's automobile industry can immediately obtain one billion  The capital injection will be used for development and growth, and we will be able to leap to a new level and open up a new situation this year and next"

    Ding Jianguo naturally agreed.

    Xu Pei nodded, Shen Huai could not be completely selfless, but now that the province needs to develop, it cannot refuse the resources of the Meishan Iron and Steel Group to invest in it, and the differences between external participation in the joint venture car company will mainly focus on the one billion transferable  The allocation of debt and the stock conversion price will not involve Dongshi's merger with Yuanye Passenger Vehicle Department. In this way, the entire plan can be divided into several parts and carried out without having to get entangled in them and drag them out for a year or two.  Unable to come up with any clues, he finally nodded and said: "This idea is feasible, and the State-owned Assets Supervision and Administration Commission must play a leading role in this matter."

    Shen Huai also knew that Xu Pei needed to have new political achievements at this time to add luster to his new position as governor, and would not want the whole thing to drag on without any progress.
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