Reborn Industrial Tycoon

Northeast China is the country's old industrial base and the eldest son of the Republic's industry. The most important thing here is old-fashioned enterprises.

Sanquan Medical Equipment Factory is an old company. This company was born during the "Second Five-Year Plan" in the late 1950s and has a history of more than 40 years.

In an era when supplies were scarce, even a needle had to be sterilized and used repeatedly, and there was no market for medical equipment. Therefore, the efficiency of Sanquan Medical Equipment Factory was also very good, with high wages for employees and various benefits.

However, by the late 1980s, the situation took a turn for the worse. Under the impact of the market economy, the shortcomings of Sanquan Medical Equipment Factory gradually became apparent.

It lacked the management mechanism of a modern enterprise, had old production equipment, backward products, and had a large number of retired employees to support. At that time, the shortcomings of the old state-owned enterprises were basically eliminated by Sanquan Medical Equipment Factory.

After entering the 1990s, Sanquan Medical Equipment Factory's life deteriorated day by day, and it soon fell into losses.

Faced with the difficulties encountered by the enterprise, the state once allocated funds to help Sanquan Medical Equipment Factory reform. Sanquan Medical Equipment Factory itself has also borrowed money from banks many times in an attempt to upgrade equipment and technological innovation.

However, the results each time were unsatisfactory.

Whenever the money is received, but before the equipment and technology are purchased, factory employees come to the door with reimbursement forms for medical expenses, as well as the so-called heating subsidies, summer cooling subsidies, transportation subsidies, education subsidies, etc. owed before.

etc., and they all asked for it to be distributed as soon as possible.

After all kinds of subsidies were paid out, the remaining money was not enough to buy technology and equipment, so we simply put it in the account and used it as funds for daily operations.

Later, the factory could no longer pay wages, and all the loans it obtained from banks were used to supplement wages to employees.

The result is that you take a loan from the bank, pay back the interest, and pay the rest of the salary, then take out another loan next month, pay the interest, and continue to pay the remaining salary, forming a vicious cycle.

Banks are not fools. As Sanquan Medical Equipment Factory's loans increased, they saw that the holes were getting bigger and bigger as they were demolishing the east wall to pay for the west wall, so they simply stopped lending.

Sanquan Medical Equipment Factory collapsed overnight due to the loss of bank loans, the unit ceased production, workers were laid off, and the company instantly went out of business.

In addition to some considerable factors, there are also problems with the leadership team of Sanquan Medical Equipment Factory.

Some people are accustomed to the state providing them with food and have no awareness of market competition. When their companies encounter difficulties, they just wait for the state to come to their rescue and will only think of ways to ask for money from the state.

Some people have the idea that when they are leaders, they have to make a fortune, and if they don’t make it, they will lose money. Especially when they see that Sanquan Medical Equipment Factory is about to die, there is a kind of "this

The idea of ​​"if you don't catch it when it's time, it's useless when it expires" has become a moth.

If such an enterprise wants to come back to life, it cannot be solved by investing some money, buying a new set of equipment, or buying a new technology. It must fundamentally start over and carry out thorough reforms.

…

An enterprise like Sanquan Medical Equipment Factory that is about to go bankrupt will definitely be a burden to the local area.

Once Sanquan Medical Equipment Factory really closes down, the resettlement of laid-off workers and the loans owed to banks are all issues that need to be solved by the local government.

So when Li Weidong informed the local government that he intended to acquire Sanquan Medical Equipment Factory, the local government was naturally very welcoming. Several major leaders in the city personally received the purchase, and the director of the Municipal Economic and Trade Commission was also sent to accompany the entire inspection.

At that time, enterprise work was under the responsibility of the State Economic and Trade Commission, which was the predecessor of the Ministry of Commerce. Its responsibilities included studying and formulating guidelines, policies and enterprise system reform plans for the reform of state-owned enterprises, and promoting the establishment of a modern enterprise system.

Li Weidong's desire to acquire Sanquan Medical Equipment Factory is within the scope of the Economic and Trade Committee and should be directly connected with the local Economic and Trade Committee.

After some inspection, we entered the negotiation stage.

In the conference room, the two parties sat on each side.

On the Puppy Health side, in addition to Li Weidong and Lu Guangming, there are also two accountants present.

Opposite were mainly Shen Yuan, director of the Economic and Trade Commission, and Niu Gaofeng, director of Sanquan Medical Equipment Factory.

I saw factory director Niu Gaofeng holding a document and introducing: "Our Sanquan Medical Equipment Factory currently has assets of 73.2 million yuan, liabilities of 26.7 million yuan, and net assets of 46.5 million yuan. Currently, the factory has a total of 1,255 formal employees. …”

Hearing these data, Li Weidong smiled disdainfully. If Sanquan Medical Equipment Factory really had so much net assets, it would face bankruptcy. With 46.5 million yuan of assets, it could last for several years by selling it casually.

Before coming here, Li Weidong had already hired a professional accountant to conduct a rough assessment of the assets of Sanquan Medical Equipment Factory, knowing that Sanquan Medical Equipment Factory did not have so many assets at all.

It is clear that there is a problem with the data on this asset. But this is normal. People selling things are eager to bid higher.

So Li Weidong asked: "Director Niu, what do you mean by this asset?"

"Mainly fixed assets." Niu Gaofeng answered.

"Do you have a detailed list of assets?" Li Weidong asked again.

"These are all evaluated, and they can still be fake!" Niu Gaofeng said with some dissatisfaction.

Li Weidong smiled slightly and said, "When you spend money to buy things, you have to know exactly what you are buying!"

Niu Gaofeng immediately looked at Shen Yuan, director of the Economic and Trade Commission next to him. Shen Yuan nodded, and then Niu Gaofeng handed over an asset list.

Li Weidong looked over it at a glance and quickly found several omissions.

Li Weidong pointed to the asset list in his hand and said, "On this asset list, there are 21 family buildings in the family home. What's going on?"

"These 21 family buildings were built by our Sanquan Medical Equipment Factory to solve the housing problem of employees. Since our factory paid for the construction, it naturally belongs to our factory's assets." Niu Gaofeng answered.

Next to him, Shen Yuan, director of the Economic and Trade Commission, also nodded in agreement, as if he agreed with Niu Gaofeng's statement.

However, Li Weidong knew that Sanquan Medical Equipment Factory included family buildings among its assets just to increase the amount of assets and buy more money.

Even though the 21 family buildings are indeed assets of Sanquan Medical Equipment Factory, they are all occupied by employees now. When Li Weidong buys them, will he be able to drive them away?

At that time, units built their own houses, which were originally benefits provided to employees. Whoever was given the property belonged to them. Once the house was given out, it was impossible to take it back.

Moreover, some people also paid some symbolic money when allocating a house. In the eyes of the homeowner, this is just spending money to buy a house. How can they hand over the house they bought themselves?

During the wave of corporate bankruptcies in the 1990s, the problem of family homes was also a major problem at that time. There were disputes over the property rights of the houses built by the companies, and people could not be evicted. They were still occupied by laid-off workers. If there was trouble, they would come here.

He cried, made trouble, and hanged himself. It was a situation with no solution.

Many family homes of bankrupt companies were tossed around as a burden. No one wanted to take care of them, and no one was willing to take care of them. They were eventually left to fend for themselves and became the "old, broken, and young" in the city.

Li Weidong is not a fool, how could he spend money to buy a baggage!

But looking at Niu Gaofeng's attitude, he is determined to use these 21 family buildings to get more money.

With Li Weidong's cunningness, how could it be possible for Niu Gaofeng to get his wish, so he asked: "Director Niu, do you mean that the property rights of these 21 family buildings are very clear?"

"Of course it's clear. Who dares to say that the family building does not belong to our factory!" Niu Gaofeng nodded.

"Since the property rights are clear, is there a real estate certificate?" Li Weidong continued to ask.

"Well..." Niu Gaofeng was speechless.

Sanquan Medical Equipment Factory’s Family Hospital was built in the 1980s. At that time, units building their own houses would build buildings directly on plots of land. There was no serious real estate certificate!

Li Weidong continued: "If there is no real estate certificate, is it too far-fetched to include these 21 family buildings in the asset list of Sanquan Medical Equipment Factory?"

"Isn't it far-fetched? Although there is no real estate certificate, these 21 family roads are also the assets of our Sanquan Medical Equipment Factory." Niu Gaofeng retorted.

"But are these legal assets?" Li Weidong smiled and continued: "Our Puppy Health is a law-abiding company. The lack of relevant documents means that the assets may not be legal, and we will not do anything illegal.

"

Li Weidong said, looking at Shen Yuan and Niu Gaofeng, as if to say, you play rogue to me, and I will teach you the law. Even if your Sanquan Medical Equipment Factory plans to fight the rogue to the end, the Economic and Trade Commission will always have to ask for some

Save your face!

Shen Yuan, director of the Economic and Trade Commission, had no choice but to cough dryly and said: "These 21 family buildings have already been allocated to employees. It is indeed inappropriate to put them in the asset list. Let's get rid of this!"

Shen Yuan also knew that in this kind of enterprise acquisition case, it was indeed a bit rogue to count the family building among the assets of the enterprise.

Moreover, Shen Yuan really can't refute Li Weidong's argument about the law. As a state cadre, he can't force others to break laws and disciplines, right?

As for obtaining real estate certificates for the 21 family buildings, it is even more impossible. Let’s not talk about whether the 21 family buildings were built in compliance with the plan and whether all the approval procedures were obtained.

Just say that the houses allocated by this kind of units are almost everywhere in the city, but there are no real estate certificates. If the real estate certificates are obtained for these 21 family buildings, once this is opened, the houses allocated by other units will also apply for real estate certificates in the future.

That’s a big deal!

Even the city leaders cannot take responsibility for this kind of matter that involves the overall national policy.

So it is better to take a step back and cross out the 21 family buildings from the asset list to save trouble.

Li Weidong was not satisfied with this. He went on to say, "I am not a local person and I don't know the local land prices, so I can't comment on the asset evaluation of this factory. But I still understand the price of this equipment."

Li Weidong said, pointing to the equipment column in the asset list, and then asked: "Director Niu, are you sure the equipment in your factory is worth the money?"

Niu Gaofeng suddenly blushed and looked a little unnatural. He also knew that the equipment in Sanquan Medical Equipment Factory that was about to be eliminated consumed a lot of energy and had low production efficiency. It was not worth much at all. Some equipment could only be sold as scrap metal.

.

However, during the valuation, in order to calculate more assets, a high price was calculated for the equipment.

Niu Gaofeng hesitated for a moment and then said, "These are the estimated prices."

"Who made the assessment?" Li Weidong asked.

"Of course our Municipal Economic and Trade Commission led the Audit Bureau and made the assessment together! What? You still can't trust the Economic and Trade Commission's assessment?" Niu Gaofeng said confidently.

Li Weidong shook his head: "This is not a question of whether I can trust it or not, but a question of legality. Your Sanquan Medical Equipment Factory is a state-owned enterprise, right?

According to Article 8 of the "Measures for the Administration of State-owned Assets Assessment" promulgated by our country in 1991, state-owned assets management administrative departments and industry authorities are not allowed to directly engage in state-owned assets assessment business.

The Economic and Trade Commission is the competent department of state-owned enterprises. If the Economic and Trade Commission conducts the assessment, it will violate the "Measures for the Administration of State-owned Assets Assessment", and then this assessment will be in violation of regulations."

Shen Yuan and Niu Gaofeng were stunned at the same time. They did not expect that Li Weidong had such a sound understanding of laws and regulations in this area.

This is also because the mergers and acquisitions of state-owned enterprises at that time were all carried out between state-owned enterprises. It was very rare for private enterprises to acquire state-owned enterprises.

Mergers and acquisitions between state-owned enterprises basically require an administrative order from the competent department. The leaders of the enterprises sit together for a meeting, merge the two companies into one, announce the positions of the leadership team, and the merger is completed.

In terms of asset appraisal, we will all be a family from now on, giving each other face, and not really fussing over things. Some even don’t have an asset appraisal, but simply re-dividing the leadership’s duties and responsibilities.

Anyway, merger after merger, they are all assets of the country!

Since Li Weidong spent his own money to acquire companies, he naturally had to make clear calculations. In terms of laws and regulations, he also had to choose what was beneficial to him.

Seeing that Li Weidong was talking about the law with him again, Shen Yuan could only say, "In that case, let's reassess. We can go to the bank for help. All the major banks in our city also have professional asset appraisers."

Li Weidong chuckled and thought to himself, your bank here must wear the same pants as you. Do I dare to use it?

However, Li Weidong also had a backup plan, and he said: "According to Article 9 of the "State-owned Assets Management Measures", the evaluation of state-owned assets should be conducted by an evaluation agency recognized by the State Council, or the competent departments of provinces, autonomous regions, and municipalities directly under the Central Government.

Although you are a sub-provincial city, if you ask your bank for evaluation, the level still does not meet the national requirements. At the very least, you must find an evaluation agency recognized by the province, so as to comply with national regulations."

"One moment it's the real estate certificate, and the next it's management measures. Why do so many regulations suddenly appear?" Shen Yuan cursed in his mind.

If you find an evaluation agency in the province and want to evaluate more prices, it will be very difficult. The evaluation agency in the province may not be willing to give Shen Yuan face. If the evaluated price is relatively low, Sanquan Medical Equipment Factory can It will cost a lot less to sell.

However, what Li Weidong said was reasonable and well-founded, and he also cited the country's regulations, so Shen Yuan could only accept it.

But Li Weidong did not give up. He put down the list of assets in his hand and asked: "Director Niu, you just said that your factory's liabilities are 26.7 million. I want to ask who mainly owes this 26.7 million debt." Money? Who is the creditor?”

"We owe more than 22 million to the bank, and the rest is owed to other companies, all suppliers of raw materials!" Niu Gaofeng replied.

"In other words, the wages owed to workers are not included in the 26.7 million?" Li Weidong asked immediately.

Niu Gaofeng hesitated for a few seconds, feeling that he couldn't lie, so he had to tell the truth: "Not included!"

"Then the medical expenses that should be reimbursed to employees and other promised benefits, such as heating expenses, are not included in the 26.7 million liability?" Li Weidong asked again.

"Not included either." Niu Gaofeng said helplessly.

"Then these expenses should be included in the debt. We must not let the working people suffer!" Li Weidong said immediately.

We cannot allow working people to be wronged on the pretext of being righteous.

However, Niu Gaofeng curled his lips. As the director of Sanquan Medical Equipment Factory, of course he knew how much wages the factory owed workers in total. If included in the debt, it would be several million more!

Shen Yuan, who was next to him, knew some of the truth. At this moment, he couldn't help but curse in secret: You, a capitalist, have the nerve to say not to let the working people suffer, how shameless!