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 open the door for Xie Tang, 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 the 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 in awe at Yuanye Automobile Industry Group today, and he just took a car to Governor Xu's house. Are you doing anything big 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 Does the governor calling Shen Huai over at this time have something to do with this?" 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 that 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. They all 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. With 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 show it." Hearing what Cao Zhengjiang said, Shen Huai smiled and said: "Secretary-General Cao, you are so You are commending me. The provincial leaders are concerned about the revitalization and development of the province's automobile industry. The Department of Planning and the Department of Economics and Trade are responsible for planning and implementation below. Even if the State-owned Assets Office cooperates here, it is Secretary Jiang who takes the lead" "Director Shen is You want to roast me on the stove, but that won't work." Jiang Yibin laughed loudly, with an intimate look, pushed Li Gu's shoulder, let him go in first, and said, "I must put it on the stove. Let's bake it, let Mayor Li come first" Just now at the Guest House, Shen Huai had dampened Zhao Moshi's spirit. He wanted to drag Pu Cheng to the same starting line as Dongshi Motors to compete with new plans. Jiang Yibin could think of Shen Huai. A relatively mature plan should have been prepared long ago to silence 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 level has also been raised,Now he is 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. Zhou Danian, who visited Yuanye, called me to complain; I ignored him. The purpose of establishing the State-owned Assets Supervision and Administration Commission is to strengthen In the supervision of the state-owned assets system, although a supervision leading group has been temporarily established above the State-owned Assets Supervision and Administration Commission, it is to grasp the general direction and not go astray. The leading group will not participate in the drafting process of the specific restructuring and reorganization plan of provincial state-owned enterprises. Judging from this situation, there are still some differences between the State-owned Assets Supervision and Administration Commission and the enterprises regarding the restructuring and reorganization of Yuanye Automobile Industry Group Regarding the opinions of the enterprises, I went to Yuanye Automobile Industry Group for research a few years ago and listened to their reports. Now I want to hear from your state-owned assets. Is it Yibin or Shen Huai who is going to tell you?" Shen Huai glanced at Jiang Yibin. Jiang Yibin thought that Xu Pei's words were directed at Shen Huai. Although he felt sour in his heart, he also knew that at this time, Shen Huai was jealous only after he was twenty-five years old. He said, "Shen Huai is 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 the process of increasing value. We want to give the company more operational autonomy and cannot use administrative orders to interfere. However, Yuanye Automobile Industry Group is in a state of sound operation. The group's audited total assets are nearly 2 billion, and its accountability rate exceeds 70%. This does not include the unsaleable inventory of nearly 400 million. Yuanye Automobile Industry Group, with total assets of nearly 2 billion, has a 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 matter? " Jiang Yibin saw Shen Huai sit down in the first paragraph. His words showed murderous intent, and he was suddenly startled. He thought that Zhou Danian probably didn't expect that if he failed to complain, 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 it is so pessimistic, 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, to strengthen the supervision of operating state-owned assets. "Although Zhou Danian is a deputy department-level state-owned enterprise official, Xu Pei has also been a leader in state-owned enterprises for a long time. Worried about the dilemma, Shen Huai wanted to kill the chicken and the monkey, but he would 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. If Secretary Bin is in charge, I won¡¯t rob Secretary Jiang¡± Seeing that Jiang Yibin didn¡¯t reap the benefits, Shen Huai pushed him out and used him as a murder knife. He wanted to jump out and kick this idiot, but at this time he could only Can first vaguely agree: "Although the State-owned Assets Supervision and Administration Commission has been newly established, many rules and regulations are in the drafting stage, but the supervision system corresponding to rights and responsibilities must be put into operation first." Ding Jianguo sat next to him, having nothing to say, Shen Huai What Governor Xu Pei said in front of him made sense. If after the accrual of unsaleable inventory, the net assets of Yuanye Automobile Industry Group would be just over 200 million, and one or two people would indeed need to be found responsible. He thought to himself that Zhou Danian was retiring soon and did not expect to be promoted. 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 an abandoned son of little value. 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, and Shen Huai took it A teacup, open the lid of the teacup, see the water inside is boiling, and the steam is steaming. Put the teacup on the corner of the coffee table, stop drinking, and continue: "No one wants Yuanye Group to become a huge burden in their hands. Before the value is lost, taking out the assets and reorganizing them can be regarded as solving a problem.question. 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, 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, The demand for minibuses has increased sharply. This year, it will surpass taxis and vehicles used by enterprises and institutions, becoming the largest market demand for passenger cars. With the development of the economy, the growth potential of the demand for private cars is far incomparable to that of taxis and cars used by enterprises and institutions. There will be explosive growth in the future. This is the most important thing in the past two years. The situation changes. The management of Yuanye Automobile Industry Group has no clear understanding of this. For this reason alone, 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. "Yanye introduced technology and production lines from Japan in 1992. The production of passenger cars, mainly sedans, 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, and it appeared in 1994 and 1995. Some serious consequences also affect the automobile industry. As car assembly lines sprung up all over the country, Yuanye's performance plummeted under severe market competition conditions, resulting in sustained large-scale losses in the car department in 1995, 1996, and 1997. It was also Yuanye's first attempt to turn its car production into a The department axed a major factor. However, at the end of 1998, the State Council strengthened the management of passenger car production and market chaos, strictly implemented the production license catalog system, and the car assembly lines including Dongshi were shut down one after another. This actually brought a great turn for the wilderness. The group management did not expect to seize this turning point and revive the market, but they only thought that the license system in their hands might be worth some money and were eager to resell it. This mentality also shows that they are not qualified corporate management. " Jiang Yibin glanced at Cao Zhengjiang. Cao Zhengjiang took a notebook and recorded Shen Huai's words very seriously. It seemed that Shen Huai's speech was more important than Xu Pei's speech. Jiang Yibin secretly felt that Shen Huai was going to put Zhou Danian and other Yuanye "Haha," Xu Pei laughed and said, "You were transferred to the province to make a big splash." It seems that you have done a lot of homework on how to restructure Yuanye Automobile Industry Group and how to develop the province's automobile industry, so you can just talk about it. " "The situation has changed greatly in the past two years, and the initially established goals 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 the leading automobile company in the province, it must It will play a role in promoting the comprehensive development of the province's automobile industry. The development of the automobile industry itself is only one aspect. The automobile industry has a huge role in stimulating upstream and downstream industries. This is something we cannot ignore. Cooperating with BAIC can only reduce losses but cannot add value, and it will also give up a huge market with huge room for growth in the future. In cooperation with BAIC, Yuanye's production department is integrated into BAIC's production system and is responsible for the production of a small number of parts and a small number of complete vehicles for BAIC. It will not play a role in bringing about the rise of the province's automobile industry" Shen Huai continued: ¡°For countries with relatively mature automobile industries in Europe and the United States, there is 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. We are now abandoning the wilderness and dismembering the wilderness. There are nearly 20 provincial and Xucheng-affiliated companies related to metal cutting, forging and casting, electronic numerical control, measuring and cutting tools, etc. State-owned enterprises will likely lose a vast provincial market. In the upstream industrial chain, in addition to the machinery industry, the development of the automobile industry will inevitably drive the development of textile, chemical, rubber, plastic, steel, non-ferrous metals, electronic and electrical industries, etc., while the downstream road construction, highway transportation, petrochemical industry, etc. As well as car sales, maintenance, insurance, cleaning and other service industries, it also has a huge promotion effect. There is a relatively recognized international data on how strong the automobile industry is in promoting upstream and downstream industries, which is 1 to 10. That is to say, the automobile industry directly creates an added value of 10 billion, which promotes the formation of an added value of 100 billion in society. In countries with a relatively developed automobile industry, the number of upstream and downstream related employment directly driven by the automobile industry can account for 10-15% of the population" "Shen Huai said that the target should be revised due to changes in the situation in two years. In fact, it is Save some face for me," Li Gu took over Shen Huai's words and said, "Two years ago, I wasThe restructuring direction of the Automobile Industry Group is also limited to shedding burdens and lacks a vision for development" Li Gu's words left a lingering flavor, but the meaning was clear. Xu Pei nodded and said: "Yes, Huaihai needs to have its own car. Industry requires its own leading automobile company. The province still has a consensus on this point. Previously, Yuanye Automobile Industry Group, in addition to planning to cooperate with BAIC, also planned to establish a joint venture car company with Pucheng Group. This should also be considered. However, the conditions of Pucheng Group are still lacking. It is possible to participate, but at this stage, I think Pucheng Group is still unable to play a leading role. The State-owned Assets Supervision and Administration Commission has to carefully select cooperative enterprises" Shen Huai saw that Xu Pei was interested in replacing Pucheng Exculpation, I don¡¯t know if it was Cao Zhengjiang who honestly explained to Xu Pei before they came here, or some other factor, but Zhao Moshi is a very slippery person, and if he wants to get away, he has no way to chase him and take Xu Pei¡¯s words. , said directly: "Dongshi Automobile Factory, a township enterprise in Panyuan Township, is a cooperative enterprise that the State-owned Assets Supervision and Administration Commission has recently inspected. " Jiang Yibin cursed in his heart: Besides you, when did anyone from the State-owned Assets Office contact 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 Xu Pei's I have heard of the famous township enterprises in the city; please tell me about the specific situation of Dongshi Automobile. " " 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 Dongshi Automobile Factory, Liu Jian and Liu Ji, uncles and nephews of Zhou, are also well-known entrepreneurs in Xucheng. However, Dongshi Automobile Factory is a collective enterprise and the production scale cannot be expanded rapidly. In addition, it also co-founded a joint venture to produce supporting automobile production enterprises such as engines, gearboxes, chassis, and sedan bodies. On the whole, Pan Yuanxiang¡¯s current overall asset size of the automobile industry may not be as good as that of Yuanye, but its technical integrity and production management level are much better than that of Yuanye. In particular, the pickup trucks produced by Dongshi have left Yuanye far behind in the market. Although pickup trucks are classified as commercial vehicles, they are technically in the same line as passenger cars. Moreover, the management of Yuanye also complained that Dongshi developed on the basis of poaching the technical backbone of Yuanye and stepping on the corpses of Yuanye. Yuanye¡¯s resentment is understandable, but the flow of talents needs to be encouraged. Since Dongshi¡¯s current technical and management backbones all came from Yuanye, at this time, Dongshi will take over Yuanye¡¯s passenger car department, and there will be Natural convenience, it is not easy to have 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 already performed well in this narrow market. It has also long wanted to enter the sedan market. However, due to the lack of permission to enter, even the previously built sedan production line had to be idle. There, 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. Dongshi's previous obstacles to entering the sedan market will be eliminated. Previously, the province's sedan market Production and sales may immediately increase threefold, fivefold or even higher within this year. Of course, such growth is nothing to be complacent about. Even if there is a tenfold increase, if the production capacity is fully activated, the maximum output will only be 30,000 to 50,000 units. Domestic production and sales of passenger cars are likely to exceed two million units this year. If Huaihai Province wants to capture one-tenth of the total, it will need to have a production scale of 200,000 passenger cars to be considered up to standard. We are still far from this goal. I also talked with Liu Jizhou of Dongshi Automobile Factory. As a township enterprise, Dongshi Automobile Factory has great restrictions on expanding production. Due to various worries and restrictions, Liu Jizhou's ambition to expand production and strengthen Dongshi can only be temporarily suppressed. live. Nowadays, the restructuring of township enterprises must be further deepened, and loosening the grip on business operators is also one of the goals. Dongshi Automobile Factory is also on the list of this batch of restructuring. Liu Jian, Liu Ji and Uncle Zhou 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 bound by rigid systems. limit. When it comes to funding for development, we think we can solve it this way. As one of the first listed companies in the province, Dongjiang Precision Chemical has only a shell left in recent years. However, Dongjiang Precision Chemical can use this shell to issue 1 billion convertible bonds and inject it into a new car joint venture. Governor Xu said that Pucheng Group can also participate. Convertible bonds are publicly issued. When Pucheng Group purchases convertible bonds, it will eventually leave with the principal and interest, or it will be transferred to the listed company at an agreed price during the period. Equity, Pucheng Group can decide on its own" "What do you think of this plan? "Xu Pei asked Jiang Yibin and Ding Jianguo. After all, the final plan was made by the state-owned assets, and Jiang Yibin and Ding Jianguo were nominally one of the main negotiators. Dongjiang Refinement Project?? is controlled by the 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 use his toes to think of who would pay for the one billion convertible bonds. Debt, once the debt is converted into equity, the controlling stake of Dongjiang Precision will naturally be transferred out 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, the current 100 million legal person shares of Dongjiang Refining 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 the major shareholders of Dongjiang Refining; the stock price of Dongjiang Refining has 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. This year and next, we will be able to reach a new level and open up a new situation" 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 highlights in his political achievements at this time, for His newly-appointed provincial governor's throne has been enhanced, and he will not want the whole matter to drag on without any progress.