My 1999

"Hello, I am Lv Hui, the administrative assistant of Mr. Xu. I am here to greet you on the orders of Mr. Xu."

Looking at the capable woman in front of him wearing a cream-colored suit and short hair, Peng Shengyu did not dare to neglect and quickly stretched out his hands.

"Hello, hello. I am Peng Shengyu, and I am glad to meet you."

Although he met this butler next to Xu Liang for the first time, he did not dare to neglect him in the slightest.

"Mr. Peng is too polite. Please follow me."

"You go first."

Seeing his caution, Lv Hui smiled and did not say anything more polite.

She knew very well the mentality of the heads of these subsidiaries and branches, who were "the seventh-rank officials in front of the prime minister", so she did not explain much. Once you get used to it, it will be fine.

Came to Xu Liang's office in Hanhua.

Knocked on the door and pushed it open and walked in.

"Mr. Xu, Mr. Peng from Alloy Co., Ltd. is here."

"Please come in."

Although he did not see him, Peng Shengyu's nervousness dissipated a lot when he heard the joy in his tone.

After Lv Hui signaled, he hurried into the office.

At the same time, he also saw Xu Liang, who was famous but very low-key in the business world, coming up from behind the desk.

Seeing the strong man walking towards him, with a strong back and strong waist and imposing aura, Peng Shengyu's face flashed with surprise.

He originally thought that Xu Liang was the kind of tall, wearing gold-rimmed glasses, wearing a suit, and a gentle and refined young talent.

But now he saw it.

He would believe it if he said he was a Sanda champion.

"Hello, Mr. Xu. I am Peng Shengyu."

As the two shook hands, Xu Liang's heart moved, and he subconsciously glanced at Peng Shengyu's hands.

The palms were broad, and calluses could be clearly felt at the base of the tiger's mouth and the tip of the fingers.

The rough feeling did not seem like the hands of a high-ranking professional manager.

The information he investigated said that Peng Shengyu often went to the factory and personally operated the machinery to impart experience and explain technical difficulties to the factory engineers. He thought it was a bit exaggerated before.

But looking at these hands, it was obvious that his idea was wrong.

This professional manager with a PhD in mechanics is a real man of action.

Patting his palm, Xu Liang smiled and said, "I've finally waited for you, Mr. Peng. Please take a seat."

After agreeing, the two sat down on the sofa in the reception area.

"Lv Hui, make my treasured Da Hong Pao."

Lv Hui nodded and turned away.

Not long after, she came over with a teapot and poured it for the two.

"Come, have a taste. My Da Hong Pao is produced by the three mother trees in Wuyi Mountain. It took a lot of effort to collect two taels. If it weren't for the distinguished guests, I wouldn't be willing to take it out."

Although he didn't know whether it was true or not, Peng Shengyu felt the kindness of the big boss.

While he was excited and nervous.

"Boss Xu, this tea is too precious. It's a waste to give it to me. Just give me a glass of water."

"No, I won't.

This tea is good, but it's not even one ten-thousandth as good as yours.

Come, have a taste."

Looking at the teacup in front of him, Peng Shengyu hesitated for a moment, but still stretched out his hands.

If he didn't want it, he would be slapping the boss in the face.

Although he was a science student and was not good at flattery, he still understood the basic logic of dealing with people.

"Then I will refuse it disrespectfully."

"Haha, that's what I want you to refuse. Have a taste."

Peng Shengyu nodded, and before he put it to his lips, a strong tea fragrance came to his nose.

"It smells good."

"Try it." Xu Liang said with a smile.

Nodding slightly, Peng Shengyu blew it to cool it down, put it to his lips and took a sip.

"It smells good. It's really good tea."

"If you like it, drink more. I still have a lot here."

Peng Shengyu put down the teacup and said with a wry smile: "You'd better tell me why you called me from Shanghai? Otherwise, no matter how good this tea tastes, I won't enjoy it."

Xu Liang listened to it and smiled even more.

This guy is just like what he knows, a real person.

Xu Liang didn't make things difficult for him.

"Okay, let's talk about business first."

Handed over the information on hand.

"Take a look."

Peng Shengyu took it quickly and opened it. It turned out to be the due diligence information of Xianghuo Torch.

He couldn't help but have more guesses in his mind.

He took a breath, calmed down his extra thoughts, and read it carefully.

Xianghuo Torch was originally a spark plug company with a history of more than 30 years.

In the tide of reform and opening up, it was listed on the Shenzhen Stock Exchange in 1993.

At that time, Xianghuo Torch had six companies under it.

Zhuzhou Torch Spark Plug Co., Ltd. Special Ceramics Factory, engaged in the manufacture of special industrial ceramics.

Standard Parts Factory, engaged in the manufacture of standard parts.

Special Refractory Material Factory, engaged in the manufacture of refractory materials and refractory products.

Material Branch, engaged in the manufacture of metal materials, mechanical and electrical equipment, chemical raw materials permitted by policies, automobiles, motorcycles and accessories, etc.

Torch Real Estate Company and Torch Construction Engineering Company.

It can be seen that although Xianghuo Torch is not large in scale, it is small but complete.

Such a company has obvious characteristics of the planned economy era.

Large and complete, but thin and weak.

Xianghuo Torch, where counterfeit and shoddy products are rampant and triangular debts are rampant, achieved a net profit of less than 2 million in 1996.

It is a real beggar holding a golden bowl to beg for food.

The golden bowl is its listing qualification.

At that time, basically all state-owned enterprises were listed, and there were not many.

A group of large private enterprises dreamed of controlling a listed company to make money.

Delong is a typical representative of this mentality.

Based on this idea, the stock market of this era can be said to be rampant with bankers and demons.

The leeks were cut so "miserably".

So how did Delong target this poor family?

It was still because of Shenyang Alloy.

Xianghuoju is a downstream company of Shenyang Alloy, and the automobile spark plug electrode materials it produces are essential for Xianghuoju.

The latter is also a major customer of the former.

Naturally, it fell into the eyes of Delong.

In order to get this golden rice bowl, Lao Tang's strategy is very clear.

Enter the village quietly, don't shoot.

It took more than half a year to quietly absorb 70% of Xianghuoju's circulating shares.

But at that time, the Huaxia Securities Market, which was crossing the river by feeling the stones, had a reality that made people fuck up.

There are two types of listed companies in the securities market: non-circulating shares and circulating shares.

There are four types of non-circulating shares: state shares, legal person shares, individual shares and foreign capital shares.

Circulating shares can be traded in the stock market, but the other four cannot. They can only be traded through agreement transfer, pledge, auction and repurchase, and the liquidity is very poor.

Moreover, institutions and individuals holding circulating shares cannot obtain corporate decision-making power.

In other words, even though you, Lao Tang, hold most of Xianghuoju's circulating shares, do you want to interfere in corporate management?

No way.

But Old Tang was really lucky. Whenever he dozed off, someone would send him a pillow.

As the state retreated and the private sector advanced, the state-owned shares of Xianghuo Torch were also put on the shelf.

Although Xianghuo Torch was a poor family, it had the "golden rice bowl" of listing quota.

As the saying goes, a good woman will never worry about getting married.

But this beauty, who was only a shell, attracted mostly "bad peach blossoms".

At this time, Delong, who made a lot of money on the space shuttle, had strong capital strength and showed "extraordinary" corporate management level.

He quickly stood out from the crowd of scumbags.

At the end of November 1997, the board of directors of Xianghuo Torch issued an announcement that the company's largest shareholder, the ZZ City State-owned Assets Bureau, would transfer its 25 million shares of Xianghuo Torch to Delong at 2.8 yuan per share.

After the transfer, the state-owned shares became corporate shares, accounting for 25.71% of the total share capital, and Delong completely became the largest shareholder of Xianghuo Torch.

At this point, Delong also completed the structure of the "old three shares" of Xianghuo Torch, Shenyang Alloy and Xiyu Tunhe.

The three companies simultaneously launched a vigorous expansion.

Tunhe was cement, and later became agriculture and animal husbandry.

Shenyang Alloy was electric tools, and later became garden machinery.

Xianghuo Torch was a large auto parts company, and later developed into complete vehicles.

Under the guidance of this strategy.

Old Tang also confidently gave Delong a "Longzhong Strategy".

There are only three points in total.

First, strengthen product quality.

Second, change the situation of Xianghuo Torch's single product structure.

Third, establish overseas sales channels.

Under the guidance of this "Longzhong Strategy", in June 1998, Xianghuo Torch put into production the "Automobile Light and Mirror Project".

In September of the same year, it acquired the bankrupt enterprise "Zhuzhou Piston Pin Factory" in ZZ City. Through this acquisition, the problem of Xianghuo Torch's single product was partially solved.

In October 1999, Xiang Torch invested 33 million US dollars to acquire MAT, the largest brake system importer in the United States, and 9 companies in mainland China in which it had a joint venture with Xiangjiang Hongben Industry and Xiangjiang Hongyuan Industry.

This huge acquisition, which cost nearly 300 million Chinese yuan, not only made Xiang Torch the largest brake system manufacturer in the country, but also expanded its sales channels in the United States.

The company's assets also officially exceeded 1 billion Chinese yuan.

For others, the fact that the company has achieved such a great development in less than two years under their leadership is enough to brag in front of major media.

But for a hard-working person, 100 million is just a small goal.

Lao Tang is not only a hard-working person, but also has the "lofty goal" of integrating China's auto repair industry.

So 1 billion is just a drop in the bucket.

Later, we have to roll up our sleeves and work hard.

At the end of 1999, Jiangnan Xingda Steel Cord Co., Ltd. was acquired for 64.8 million Chinese yuan.

And 20 million was invested to establish Torch Auto Parts Import and Export Co., Ltd. to further expand overseas channels.

It can also be seen from here that Old Tang is indeed a very smart guy.

While expanding production, they also did not forget to lay out sales channels.

They really integrated Taizong's strategy of "grasping both hands and making both hands strong" into their bones.

At this stage, the best developed of the three old stocks was Xiyu Tunhe, Shenyang Alloy was second, and Xianghuo Torch was the last.

But in the period from 2000 to 2002.

Xianghuo Torch's total assets, total income, profits, etc., were like a monkey.

They kept rising.

Moreover, the auto repair industry alone could not satisfy Lao Tang's growing ambitions. He also set his sights on the downstream of the auto repair industry - heavy-duty vehicles.

Of course, ambitions sprouted step by step. At the beginning, Lao Tang still wanted to be the big brother of the auto parts industry.

In 2001, Xianghuo Torch and Dingli Metal Industry Company jointly invested 80 million to jointly establish Zhuzhou Xiangli Engine Manufacturing Company, with Xianghuo Torch holding 60% of the shares and officially entering the engine manufacturing industry.