Rebirth of the Age of Wealth
Chapter 355 Fundraising and Misappropriation
Chapter 355 Fund Raising and Money Entrapment
Song Guofeng looked embarrassed. He wanted to go public mainly to raise funds, but he could not ignore the political and social influence of going public. After thinking about it, he decided to chat with Li Weidong about it.
Listing quotas are allocated to each province, and each province decides which company to allocate the quota to. The provinces naturally have to consider all aspects of which companies should be listed, or need to be listed, and which companies are direct relatives and which ones are insignificant.
In addition to being able to go public and obtain low-cost funds, promising companies can also naturally obtain policy support from the province, at least with official recognition and government endorsement.
Moreover, the social effect and advertising effect are also very good. After all, listed companies are rare at this time. There are only a few hundred in the country. These companies are among the best in the eyes of ordinary people.
External publicity and advertising are also a bright spot. There are few listed companies, so people think that scarcity is more valuable!
The publicity is good, but the common people are finished with just one sentence. You say you are great, so why are you not listed on the market?
This advertisement for the launch of the product is more powerful than the CCTV advertisement. Some time ago, Qizhou Innovation Motorcycles was recruiting agents from various provinces. The agents who came did not know the inside story and could go to the Qizhou Motorcycle Factory.
What made Song Guofeng furious was that when these agents came and saw that Qizhou Innovation Motorcycles and Qizhou Motorcycles were not the same thing, they even looked disappointed.
Several agents are still thinking of signing an agency contract with Qizhou Motorcycle Factory, which makes Director Zhang of Qizhou Motorcycle Factory very happy. The business sent to them will definitely be done.
Therefore, Qizhou Motorcycle Factory is booming again with the money from the listing circle and the bustling market. Its sales volume is better than that of Qizhou Innovation Motorcycle, and it continues to increase.
In Song Guofeng's view, this directly formed a competitive relationship and was a big challenge for them.
Of course, Song Guofeng couldn't accept Director Zhang's provocation, let's call it provocation. When the new factory opened, Director Zhang was very depressed, as if he didn't want to take away the candy he got.
But as frustrated as he was at the time, he is now so proud that he even threatened to make Chuxin Motorcycles disappear from the Qizhou market.
Now it's Song Guofeng's turn to become frustrated and depressed!
After listening to Song Guofeng's words, Li Weidong also frowned. In his previous life, he also knew that Qizhou motorcycles were quite popular.
I always thought it was due to the joint venture with foreign technology, but now it seems that it should be the reason for going public.
As for letting them disappear from the Qizhou market, that would be a joke. The Chinese market is too big for anyone to eat.
Moreover, this mountain city, which is known as the capital of motorcycles, can have several famous Chinese brands of motorcycles, including Lifan, Jialing, and Jianshe. Naturally, Qizhou can also accommodate two motorcycle factories.
"If you want to go public, you need permission from the government. Besides, a motorcycle company in Handong has already gone public. Will there still be a quota?"
"Hey, this Jia Ning is simply unlucky. The year before last, their net assets were only 1.4 billion, but their receivables were more than 100 million. Which of these receivables can be recovered? They are all bad debts?
"
"Not only that, they still have 1.5 billion in inventory. The inventory backlog is so serious that they can't even pay wages. The commotion is quite serious!"
"As a result, it went public at the end of last year and raised more than 300 million in funds. Not only did it pay off the loan, but it also came back to life. This is not a listing at all, it is simply a government grant!"
"And now that I have become famous, I have run out of inventory. Where can I reason with you?"
Song Guofeng was angry when he said it, but he couldn't change the fact that the stock market was a new thing in these years, the money-making effect was obvious, and the enthusiasm of investors was high.
The market has formed a consensus that the stock market will rise. As long as a company can publicly issue stocks and go public, it will definitely be oversubscribed and wildly hyped. The key is that the government has the final say on who is listed. This is really almost a disguised form of allocation.
When Li Weidong and Song Guofeng were preparing to invest in the motorcycle factory last year, the city was planning to let them invest their funds in the Qizhou Motorcycle Factory, but Li Weidong refused at that time.
However, the future of the motorcycle factory does not seem to be very bright. It only relied on the money from listing and financing and its reputation for a few years. Before entering the new century, it was already overwhelmed and suffered serious losses.
"Don't be so bitter here. Instead of envying others, why not think of a way for yourself? They are carrying baggage. You are a new company and you have no baggage. How can you still not compete with them?"
When Song Guofeng heard what Li Weidong said, he didn't dare to complain anymore. Too much complaining can lead to heartbreak. Employees who only complain are not good employees. Leaders who also complain just don't want to work anymore.
"Don't worry, we can definitely do it. Although their sales have increased recently, their models and technologies are relatively backward. We have new technologies and new models, and we will definitely have an advantage over them in this regard!"
"And after the increase in production this year, our sales have skyrocketed. When all the production lines are put into production before the National Day, our output will definitely exceed theirs!"
Comparatively speaking, Qizhou Motorcycle Factory is under greater pressure than them. Not only does it have a lot of employees to support, but it also has to face the problem of aging technology.
Although there are rumors that after receiving the funds raised this time, the first thing they did was to discuss cooperation with Suzuki, which they had contacted before. However, recently, their sales have been better, their profits have been higher, and the call for cooperation has become smaller.
"Take your time. A skinny camel is bigger than a horse. The output must be based on sales, otherwise it will end up in inventory and take up a lot of funds. This alone can bring you down!"
After Li Weidong heard this, he frowned and said, manufacturing should not just focus on output, but also on sales volume, and ultimately on profits.
Li Weidong saw Song Guofeng nodding, and then said to Zheng Sijing who was sitting next to him: "Old Zheng, you look so powerful, I'm jealous!"
"Those are all cultivated by you, Chairman. Without you, none of them would know me?" Zheng Sijing's rainbow fart came out as if he wanted no money, but he was telling the truth.
"Since when have you become so talkative? Isn't there a reception today? How come you have time to come to my place?" On the plane, Zheng Sijing told him the itinerary.
"The companies are not big. I met them last night. I had a meeting with the people in the office in the morning. I have learned the basic situation. There are no special situations. They can handle it!"
The reason why Zheng Sijing came to Qizhou to accompany Li Weidong was more than the need for work. The people in the office can handle the work matters. Whether he comes or not will not have much impact.
And he can still distinguish clearly which things are important. The most important thing is to accompany Li Weidong at this time.
"It's business that you do your job well. When I come back, I will be a mascot for you. You have to do the specific things. If you have something to do, go and do it. Don't hang around here!"
Li Weidong shook his head. He probably knew what these people were thinking. For example, Song Guofeng came here simply to tell him that he would receive a visiting group from the Federation of Industry and Commerce on the 10th?
Definitely not. Just make a phone call for these things, but he still came. It would be impossible not to report work to the leader in person frequently.
If you have a chance, you have to take it. If you don't have a chance, you have to take it.
In the afternoon, Li Weidong attended the negotiation meeting with the city as scheduled. The levels of both parties were relatively high. As the level of the participants increased, the negotiation time naturally became shorter.
They are all people who keep their word. First of all, they don’t have to go back and forth for instructions. Secondly, they are all men who defecate in the latrine with their faces facing out. If you want to save face, you can’t bargain for one or two cents like when you buy vegetables.
The price Li Weidong gave was 10% higher than the bottom line of the city office meeting, which was not considered a loss. He also agreed with the city that the number of layoffs should not exceed 10% each year.
That evening, Li Weidong and the municipal government signed a contract of intent at the Dongjiao Hotel. In addition to Xinsheng Holdings and the municipal government, the witnesses were also "living" middle-level leaders and employee representatives of the machinery factory.
I don’t know if it was intentional or not, but many of the people who came were acquaintances of Li Weidong. There were many people in the assembly workshop, including his master He Dashan and colleagues who joined the factory in the same year as him.
He Dashan looked at Li Weidong, who was talking to the city leaders on the stage, with mixed feelings in the audience. The factory had changed from a state-owned enterprise to a private enterprise, and their identities had also changed.
They used to be cadres of state-owned enterprises, but this time the city paid them to buy out their seniority. Those who were unwilling could naturally choose to be transferred to other state-owned factories.
But what about other factories? In good factories, everyone is trying hard to get in; in bad factories, it is difficult to protect themselves. Wherever there are vacant positions for them, if they go, they will also increase the burden and make the factory
Earlier bankruptcy.
Now that He Dashan has reached this point, it should be a good destination for him to choose a state-owned enterprise and wait a few years for a stable retirement.
But when He Dashan thought about it, he was only in his fifties this year, and he still had ten years left before retirement. What could he do if he went to another factory? Moreover, his son was right, Li Weidong would not treat him badly!
He Yusheng is a living example. He Dashan has a full understanding of He Yusheng's level. It would be great if he can just live on his own and have enough to eat!
It would definitely not be such a big achievement. Now that the Auto City is open, more and more car manufacturers are moving in, and the machine repair shop is also doing well, and its monthly income has already been more than him.
He Dashan knows a lot about Li Weidong and knows that he is not an ordinary person and is good at creating miracles. Can he also create miracles with Li Weidong with this old bone?
Another person who had the same idea as him was Liu Jianguo. He was discharged from the army and came to the machinery factory, and later became the director of the workshop. He didn't understand this at first, but he liked this business very much.
After more than ten years of studying one machine tool and one piece of equipment, I cannot say that I have mastered it, but I am qualified to be a leader.
Liu Jianguo never dreamed of what was going on. Some time ago, he and Wang Zhengrong went to Li Weidong to clear the relationship and try to attract a Hong Kong businessman to invest and change the environment in the factory.
Why was Wang Zhengrong suddenly transferred out of his job due to some problems and became a quasi-pensioner with no job or position in the Machinery Bureau, not even a casual job?
Compared to him, other people were not so lucky. The factory director, who was usually unassuming, ended up going in directly without even getting a pension.
Other deputies have been transferred out, removed from their posts, and come in. Now the machinery factory is leaderless. The deputy secretary in charge of the labor union doesn't care about anything. Now he is not on duty, so he is waiting to be transferred.
Moreover, after this incident, it would be great if an official at this department level could also get a casual position.
A person like Liu Jianguo is barely at the department level. It depends on whether he can get a position. He is forty this year. If he does well, he might be able to reach the deputy director level.
Nowadays, all yamen are overcrowded, and now it is advocated to give priority to intellectuals, and young and knowledgeable people should be promoted first. What future can they have if they have graduated from junior high school?
More importantly, Li Weidong had already approached him through Liu Yongliang, hoping that he could stay.
Liu Jianguo knew that Li Weidong's desire for him to stay was definitely not because of his ability to operate machine tools.
For more than 500 people in the machinery factory, today is destined to be an unusual night. They have to think carefully about the future.
There are many people who are willing to stay, and there are also many people who are willing to leave. Most of those who are leaving are those who are about to retire, or feel that they cannot survive here.
Although it is promised that only 10% of the employees will be laid off, no one can guarantee that there will be no one among them.
"Master, Uncle Liu, it's too late today, so I'll make a long story short. I hope you stay. You are familiar with the situation in the factory and it's easy to get started. I don't worry about others!" When the meeting was over, Li Weidong faced the two of them.
said.
The two looked at each other and knew that this was Li Weidong's formal invitation. Whether it was through He Yusheng or Liu Yongliang, it was considered to be a source of information, and it had to be said by Li Weidong himself.
The two of them didn't play any tricks like visiting the thatched cottage three times and just nodded in agreement. They didn't have Zhuge Liang's Crouching Dragon ability, and Li Weidong didn't have Liu Bei's thirst for talents. There were many people who could do this job.
Li Weidong said that he let them stay because they were familiar with the situation in the factory and felt at ease with them, not because of their abilities.
"Master, the negotiation has basically been completed now. The contract can be signed in two days at most. You should pay attention to the situation in the factory in the past few days!"
Li Weidong's original words led to such a big thing. The key was that the troublemaker in the middle was unwilling to take the job. Li Weidong tentatively asked Song Guofeng.
But Song Guofeng can't see a machine factory now, and there can't be any innovative locomotives that have a head start.
Both Liu Jianguo and He Dashan have been working in the workshop and have fixed mindsets. They are fully qualified to be vice presidents, but being the top leader may be a bit tricky.
Li Weidong invited the two people into his car in front of the people at the machinery factory and asked Zhang Hao to take them back to the factory. Li Weidong wanted to send a signal through this, these two people are my people, do you have any ideas?
Act quickly.
On the weekend, Li Weidong contacted Qiao Rui and said he would stop by to see her, but Qiao Rui said she was coming to the city.
"That's just right. Come and sit at home. Xiaohui will give you something. I even sent it to you!" Li Weidong said.
"Okay, I'll go deliver some information first, and I'll be at your house around ten o'clock!" Qiao Rui promised.
Li Weidong didn't know whether it was true or false, what kind of information was given during the big weekend, but this was not bad, otherwise it would not have been good for Li Weidong to go to the management committee to find Qiao Rui.
Qiao Rui has yet to find a partner at such an old age. If a man comes to find her, it will be even more difficult to find a partner.
When he saw Qiao Rui, Li Weidong's eyes lit up. It could be seen that he had put on some makeup before going out.
Although the summer is very hot, Qiao Rui's dress is quite conservative, with a floral dress that goes down to the heels, but the quality should be good, very fashionable and exquisite, and the number of heads should be good.
Li Weidong couldn't help but nodded after seeing it, his Adam's apple rolled subconsciously, and he quickly recited the Qingxin Mantra in his heart.
"Sorry, I'm late. I'm flattered by having you, the big boss, wait for me!" Qiao Rui arrived at the door of Li Weidong's house, and Li Weidong had already come down from the shade of the tree.
In order to "meet" Qiao Rui, Li Weidong asked Xie Ming and Zhang Hao to move out the rattan round table and rattan chairs that had not been used for many days, put them under the shade of the tree, and put a pot of tea on them.
"I'm just drinking tea here. There's no need to wait. What's the point of being embarrassed?" Li Weidong said with a smile, pointing to the wicker chair opposite and motioning for Qiao Rui to sit down.
Li Weidong saw the sweat stains on Qiao Rui's forehead and said with a smile: "I asked the car to pick you up, but you didn't let me. It will be quite comfortable along the way!"
"Chairman Li, what you said is that you know who we are. We originally wanted to invite you and Xiaohui to dinner, so what would it be like if you came to pick her up?"
"What kind of meal do you want me to have?" Li Weidong didn't know what was going on, thinking it had something to do with Liu Jinhui!
"Last time when you invested in Auto City, Mr. He and Mr. Zheng came to see me. I got tens of thousands of rewards for nothing. If I don't treat you to a meal, there's no way I can justify it!"
"Isn't that why you came here?" Li Weidong sat up straight and said.
(End of chapter)
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