Reborn Capital Empire

Chapter 641 Shancheng Industry

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"Shancheng Industry was formed by the merger of Shancheng International Passenger Transport Company and Shancheng Yutong Highway Construction and Development Co., Ltd., and was listed on the Shenzhen Stock Exchange in 1997."

"The company's highest-quality asset is the 55% property right of the section from Xiquan to Tongliang, Shancheng, National Highway 319. This is the section of the road from Modu to Rongcheng that must pass through Shancheng. The total investment is 94.1 million yuan. Tolls were implemented in August 1997, and the annual return on investment is The rate was 18.4%, and in 1998, the toll for this section was 7.65 million yuan.”

"On March 11, Jingcheng Zhongjing Stone Information Technology Development Co., Ltd. signed an equity transfer agreement with China Shancheng International Economic and Technological Cooperation Co., Ltd. to acquire 11 million state-owned legal person shares of Shancheng Industrial, accounting for 18.33% of the total share capital of Shancheng Industrial, and the transfer amount 39.6 million yuan in Huaxia coins, becoming the largest shareholder of Chongqing Industrial."

"Since then, Shancheng Industrial's second and third largest shareholders, Shancheng Development and Investment Co., Ltd. and Pengcheng Huajianxin Investment and Development Co., Ltd., transferred their respective 6 million shares, or about 10% of the equity, to Moduwan. Puhe Shancheng Huangfeng Company, Zhongjing Stone, Magic City Banpu, Shancheng Huangfeng and other companies are all affiliated companies of Delong. As of this month, Delong has actually mastered the controlling rights of Shancheng Industrial through these affiliated companies, while Shancheng has The industry has also become a subsidiary of Delong, the fifth listed company after Tunhe Group, Alloy, Hunan Torch and Jingcheng Zhongyan."

"For Shancheng Industry, Delong did not give a specific integration plan, but in the later stage, in order to raise more funds, he acquired some medium-sized companies with good revenue levels. These include Shancheng Jinlong Electric Power Company, Southern Water Company, Yishi Special Technology Co., Ltd., Jingcheng Ruiskangda Technology Co., Ltd. Through a series of mergers and acquisitions, the assets of Chongqing Industrial increased to 274 million Huaxia coins now, but Delong took advantage of fraudulent allotment, illegal guarantees, inflated profits and other methods, with the help of Nearly 30 affiliated companies have taken away a huge amount of 1.1 billion Chinese currency from Chongqing Industrial, of which only 511 million Chinese currency is illegally guaranteed. ... Because of the excessive debt, Chongqing Industrial has completely lost money."

"This mountain city industry has been completely escaped by Delong Group into an empty shell!" Zeng Liqing said.

"After dismantling Delong's complex financial structure and cleaning up the debts of all affiliated companies of Shancheng Industrial, Chongqing Industrial's debt has dropped to the current 937 million Chinese currency. However, compared with the total assets of 274 million Chinese currency, and about 65 million a year, Revenue, it is too difficult to repay all debts with the existing assets of Shancheng Industrial." Chen Yu said.

Guo Shouyun nodded, "How is the operation of these companies under Shancheng Industry?"

"Except for the loss of the holding company of Shancheng Industry, the operations of its holding subsidiaries are very healthy. ... The operation of Yutong Highway has been stable, and the annual revenue has increased to 10.39 million Huaxia dollars; Shancheng International Passenger Transport Company, which owns various types of passenger transport. There are 257 vehicles, operating county-level passenger transport, long-distance buses, and car leasing. The annual revenue of assets is 8.32 million Chinese dollars, an increase of 13.4% over 2002. Shancheng Jinlong Electric Power Company, which is mainly engaged in small hydropower, is located in Fuling and Pengshui areas of Shancheng. It has three small hydropower stations with a total installed capacity of 4,500 kilowatts; the company's total assets have an annual operating income of 7.2 million and a net profit of 1.5 million Chinese dollars in the same year!"

"...Southern Water Company, which is mainly engaged in sewage treatment projects, currently has 7 sewage treatment plants in Guangdong, Gui Province, Modu and Fujian Provinces, with a daily sewage treatment capacity of 1.2 million tons, and has a Class-A qualification for environmental pollution control facilities."

“…Jingcheng Resconda Technology Co., Ltd. focuses on the field of optical fiber broadband access, and is committed to the integration of optical fiber technology, Ethernet technology and broadband access technology. In 2003, the three-tier carrier-grade optical fiber access switch project was approved by National Science and Technology The Ministry was listed as the '2003 National Torch Program Project'; in July of the same year, it was rated as one of the top ten companies in the country's best communication companies. This year, it plans to set up a branch in Pengcheng. It is the company with the most development potential under Chongqing Industrial. In 2003 The revenue was 24.3 million Chinese currency and the net profit was 5.38 million Chinese currency."

"Jingcheng Resconda Technology Co., Ltd.!"

Guo Shouyun nodded, "The development is not bad. Who is his founder?"

"Gao Lei, 'PhD in Information and Engineering' and 'Master of Electronic Engineering' in Beijing University of Posts and Telecommunications, once participated in the research work of two national laboratories of Beijing Post's 'Network and Switching Technology' and 'Information Photonics and Optical Communication'. He owns 19 technical research and development patents in the field of communication engineering, and is an elite among the younger generation in the field of communication in China! The most important thing is that in addition to technical ability, this person also has some talents in enterprise management. After its establishment in 1999, it has developed rapidly. In just four years, it has grown to an annual revenue of about 25 million Huaxia Coins. It can be called a young man! Of course, it cannot be compared with the boss." Chen Yu said.

Guo Shouyun smiled lightly. Although he is only 24 years old now, because of his achievements, few people will really treat him as a younger generation.

"This Gao Lei is indeed a talent. Tang Wanxin's vision for acquiring companies is really good. If he hadn't gone to Myanmar, it would be good for him to be the head of the leveraged buyout or venture capital department of Oriental Trust."

"Boss, Tang Wanxin has returned?"

Wang Jue reminded in a low voice.

"You're back? When did it happen?" Guo Shouyun asked after being stunned for a while.

"News this morning!"

Zhang Lei said on the side.

"This morning?" Guo Shouyun was taken aback. This morning, he and Ji Zheng were absurd in bed, and got up a little late. Remembering today's discussion, he didn't read the news and newspapers.

"Did he come back by himself or was he captured?"

"The news said that he came back and surrendered himself!" Zhang Lei continued.

Guo Shouyun looked at Wu Feng, who shook his head.

"Uncle didn't tell me about this."

"Forget it, leave it alone." Guo Shouyun waved his hand after thinking about it. The Tang family's affairs will be dealt with in the future, but now the most important thing is to determine the future of Delong Industrial's assets first. Otherwise, it will continue to drag on for a long time, and it will be you who will suffer the loss after all!

"How about the last 'East Technology Co., Ltd.'?"

Chen Yu continued: "East Technology is an electronic enterprise registered in Yangzhou in 2001. It mainly produces batteries, circuit boards, and hardware appliances. The company's existing assets are 57 million Chinese dollars, and its revenue in 2003 is 7.35 million Chinese dollars. , the net profit is 1.27 million Huaxia Coins.”

"What about Shancheng Industry's rectification plan?" Guo Shouyun asked after nodding his head.

"At present, we have prepared three sets of plans." Zhang Lei said, "First, keep the Yutong Highway as the main business. Today, the sales volume of Huaxia Automobile is increasing, and correspondingly, the demand for high-quality highways is also increasing. In addition, in order to promote economic development, Huaxia is investing more and more in highways, especially high-quality highways, and there are many preferential policies for private capital to enter the high-speed industry. The investment in highways is a blue ocean, and it is worth doing Main business to develop.”

"...Shancheng International Passenger Transport Company, divested the inter-county transportation business, retained the long-distance passenger transportation business, and merged into Delong Tourism Group. Independently operated Jinlong Hydropower Company, Nanfang Water Affairs and Jingcheng Resconda Technology Co., Ltd., and sold East Technology Company. The reason for selling the latter is that although it is profitable, it is more due to the rapid development of China's economic environment, and its own products are not very competitive unless we are willing to invest huge amounts of money in research and development, but It takes a lot of time, and it's not worth it when we're not ready to make a difference in the electronics industry."

"The second plan is to sell Yutong Highway, merge Shancheng Industry and Nanfang Water, and focus on water treatment. Huaxia itself is a water-scarce country, and the rapid economic development has spawned a huge increase in water resources. It is precisely because of this that the Central Government of China formulated the South-to-North Water Diversion Project. However, such a large-scale project has a long cycle and the other cannot meet all the demands for water resources in the entire north. Therefore, the demand for sewage treatment will With the development of social economy, it has been gradually enlarged. Moreover, Huaxia has also liberalized municipal water affairs, and private companies can also enter this field in the future. In short, Huaxia's water treatment industry has a bright future and a bright future."

"The third plan is to merge Shancheng Industry with Jingcheng Ruiskangda Technology Co., Ltd. UUkanshu www.uukanshu.com The latter has laid a good foundation in the field of communication equipment and has extremely high growth potential. In addition, with the With the continuous development of the Internet and the growth of the number of netizens, the market demand for communication equipment will also increase. However, communication equipment is a high-tech industry. If we want to make a difference in this industry in the future, we must invest a lot of money. R&D funds and operate as a core enterprise.”

Guo Shouyun thought about it, "Although highway investment is good, the initial investment is large, the construction period is long, and the capital recovery period is longer, which is not suitable for Shancheng Industry, which is burdened with huge debts. Although communication equipment is a blue ocean, it requires investment. There is a huge investment in research and development, and I have no plans to enter the industry at present.”

Excluding the first set and the third set of plans, it can only be the second set.

"Let Shancheng Industry merge with Nanfang Water, change its name to Huitong Water Company, which is mainly engaged in sewage treatment business, and replace the listing status of Shancheng Industry. In addition, I will introduce the overlord of the international sewage treatment industry 'Veolia' to cooperate with it. With Veolia's technology and experience, Huitong Water will develop faster."

"Although Huitong Water is good, it is far worse than the international water industry giant Veolia. How can they be allowed to cooperate with Huitong?" Wu Feng frowned.

"The boss is a shareholder of Veolia!" Zhang Lei reminded with a smile. He is the one who has followed Guo Shouyun for the longest time among the crowd, so he naturally knows the relationship between Veolia and the big boss.

Wu Feng was stunned, looking at Guo Shouyun with awe in his eyes.

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