Of course, Haiyou Iron and Steel Group hopes that its image will look better. Although it is said that local government departments have brokered it, and it is currently blocking the neck of Guangyao Iron and Steel Group through the hot-rolled coil project, but after all, Guangyao Iron and Steel Group Co., Ltd.

It is the third largest private steel company in the country, with net assets of more than 8 billion yuan. In the second half of last year, its profit exceeded 1.2 billion yuan. Such a company naturally attracts widespread attention in the industry. The assets of Haiyou Steel Group Company are again

No matter how big it is, no matter how many employees it has, it cannot change one thing: it is a loss-making enterprise!

And a loss-making company actually annexed a profitable company, and it was a state-owned enterprise annexing a private enterprise. It would be fine if it were a serious acquisition, but they also hope to keep the acquisition price as low as possible, preferably at a price lower than the net assets.

Guangyao Steel Group Co., Ltd. was incorporated into Haiyou Steel Group Co., Ltd. Such an image will naturally arouse strong dissatisfaction among the shareholders of Guangyao Steel Group Co., Ltd. And it is not the same as before. Although the media is still in the hands of the government,

But with so many media across the country, if Shandong Province can manage the media in its own province, can it also manage the media in other provinces? Once this matter becomes widely known, the management of Haiyou Iron and Steel Group Company are not worried about what will happen to them above.

Give yourself punishment, but the reputation of Haiyou Iron and Steel Group Company in the industry is completely ruined. You can imagine that there will be a lot of criticism in the country, and the ancestors of these people for eighteen generations will probably not be spared.

Moreover, other domestic private enterprises will definitely feel sad because of this, and will definitely push the media from behind to criticize Haiyou Steel Group Co., Ltd.'s practice. This will undoubtedly make Haiyou

The Iron and Steel Group Company is on the cusp of the wave. This will also make life difficult for Haiyou Iron and Steel Group Company after it annexes Guangyao Iron and Steel Group Company. It would be okay if Haiyou Iron and Steel Group Company can achieve substantial profits.

If the profits of the Steel Group Company are still negative after excluding the profits contributed by Guangyao Steel Group Company, then criticism will pour out overwhelmingly. At that time, they, Haiyou Steel Group Company, who single-handedly promoted the merger and acquisition, will

The situation of the management may not be so good. And will Haiyou Iron and Steel Group Company be able to achieve profitability by then? None of them are sure. By then, maybe some of them will have to pay the price for this. Others will have to pay the price.

People give way.

Therefore, if Guangyao Steel Group Co., Ltd. can be allowed to put forward the proposal to merge the two companies, with this fig leaf, at least on the surface it makes sense. Even if there are questions from the media, they can ignore it and turn a blind eye. Anyway, this kind of thing

, they have already done it very smoothly and with experience.

In order to achieve this goal, of course they need the cooperation of Guangyao Steel Group Company. Of course. For Guangyao Steel Group Company to cooperate, Di Minzhong, whose largest shareholder is also the chairman of Guangyao Steel Group Company, is an impossible obstacle to avoid.

In order to obtain Di Minzhong's cooperation, they set out a series of conditions. For example, after Guangyao Steel Group was merged with Haiyou Steel Group, although Di Minzhong was definitely not the largest shareholder, he could still serve as Guangyao Steel.

The chairman of the group company guides the work of Guangyao Iron and Steel Group Company. For example, Haiyou Iron and Steel Group Company can help Guangyao Iron and Steel Group Company's hot-rolled coil project pass the approval of relevant departments smoothly. For example, it can help Di Minzhong in

Some departments can arrange a good position. Like the vice chairman of some industrial and commercial association. If it is not possible, the people's government can give a nominal position without power. Anyway, in addition to money and real power, it is for Di Minzhong.

It doesn’t matter if you give away a large amount.

Of course. The temptation is on the one hand, and the most important thing is the stick in the other hand. Guangyao Iron and Steel Group Co., Ltd. has invested heavily in the hot-rolled coil project. As long as the relevant departments are stuck and won’t let go, the hot-rolled steel plate project of Guangyao Iron and Steel Group Co., Ltd.

The plate and coil project has been unable to start production, and if they put pressure on Guangyao Steel Group Company for bank loans, they believe that Di Minzhong will understand what it means to be aware of current affairs and be a hero! Although Di Minzhong can develop Guangyao Steel Group Company

To its current scale, it has become the third largest private steel enterprise in the country, and there is official support behind it. However, when the province has basically reached an agreement, his help can basically be ignored.

In fact, if it weren't for the fact that Di Minzhong held 40% of the shares of Guangyao Steel Group Company, and it was too difficult and troublesome for them to acquire at least 51% of the shares from other shareholders, they would not have cooperated with Di Minzhong.

People are loyal to these words. It is with this idea that Fu Baoshi, the chairman of Haiyou Steel Group Company, was full of confidence when he attended the meeting of the Provincial Department of Industry. He was waiting to see the leaders of the Department of Industry announce the glory

What did Di Minzhong look like when the Iron and Steel Group Corporation's hot-rolled coil project was not allowed to start without approval from relevant departments.

When Fubaoshi appeared at the venue, there were already many people sitting in the venue. This time the Provincial Department of Industry held a meeting, and basically all the heads of high-end enterprises in the province attended. Fubaoshi talked with these CEOs while

Saying hello, he looked for Di Minzhong with his eyes. What surprised him was that Di Minzhong did not appear in the venue.

"Chairman Fu, are you looking for...Chairman Di?" The person speaking was Wang Jing, the CEO of Lunan Heavy Industry Co., Ltd. Lunan Heavy Industry Co., Ltd. is also a state-owned heavy industry enterprise and a maritime enterprise.

One of the important customers of You Iron and Steel Group Company. Haiyou Iron and Steel Group Company intends to annex Guangyao Iron and Steel Group Company. This is no secret in small circles and many people know it.

"Mr. Wang, hasn't Chairman Di arrived yet? I remember that he always arrived early when there was a meeting in the hall." Fu Baoshi said with a smile. This result made him very satisfied, which shows that Di Minzhong and the others may have been in chaos.

Position. This time, the Provincial Department of Industry asked him to attend the meeting in person. Whether he didn't come or was late, it gave the Provincial Department of Industry an opportunity to have an attack.

"Haha, Chairman Di has indeed not shown up today." Wang Jing looked at the watch on his wrist and said, "There are less than five minutes left. It seems that Chairman Di today... haha." Regarding Haiyou Steel Group Company

He is happy to see the annexation of Guangyao Steel Group Company.

"Really, is it possible that he arrived later than the leaders?" Fu Baoshi looked at the prepared rostrum. Although his administrative level is not lower than that of the Director of the Department of Industry, he is not as good as the current manager. As long as he has one day

If he is not transferred to a government department, his actual power is not as good as that of the director.

Less than five minutes passed in a blink of an eye. Soon the podium was filled with people. Fu Boshi was always paying attention to the venue. Until the meeting started, he still didn't see Di Minzhong appear.

He didn't even see anyone else from Guangyao Steel Group Company. Fu Baoshi couldn't help but feel a little strange. Di Minzhong should understand that even if he resists today's meeting, he can't deny face to the Provincial Department of Industry.

Faced with the opportunity to get angry at Guangyao Steel Group Company? This is not like his style. However, Fu Boshi is certainly happy to see this result, and it will be easier to handle if he has a handle.

Fu Baoshi turned his attention back to the meeting. The Provincial Department of Industry held the meeting this time mainly because the year 2005 is about to pass, but the industrial development speed of Shandong Province in the first half of this year is not satisfactory.

, did not achieve the goals set by the provincial leaders at the beginning of the year. On the one hand, the Provincial Department of Industry wants to hammer various companies this time, and on the other hand, there are indeed some things to announce.

While Fu Baoshi was listening, he was also carefully considering the latest news related to the development of Haiyou Steel Group Company. The province is currently negotiating with a number of Korean shipbuilding companies about joint investment in the construction of new shipyards in Shandong Province.

Fu Baoshi is both happy and worried about this news. The happy thing is that if these projects can be successfully settled in Shandong Province, then the demand for marine steel, especially marine steel plates, by these shipbuilding companies will inevitably increase sharply in the future. The worrying thing is that

Haiyou Steel Group Co., Ltd. has still not been able to master the manufacturing technology of high-quality marine steel plates. Looking at this piece of fat, it is difficult to eat!

None of the steel companies in the original Shandong Province under Haiyou Iron and Steel Group Company has mastered the manufacturing technology for large-scale production of high-quality marine steel plates, and they are not members of the Special Steel Association. This makes Haiyou Iron and Steel Group Company naturally

Therefore, there is no ability to manufacture high-quality marine steel plates. After Fu Baoshi became the chairman of Haiyou Steel Group Company, although he also tried hard to join the Special Steel Association, so far, this application has not been completed.

What's the response?

Fu Baoshi can understand this approach of the Special Steel Association. In recent years, more and more steel companies have wanted to join the Special Steel Association, but only a handful of them have been approved. Those members of the Special Steel Association do not want to

If there are a few more people competing with themselves in the bowl, everyone knows that although the output of special steel is small, the profit margin is much higher than that of ordinary steel.

Although the Pingchuan District Smelting Technology Research Institute has not produced any epoch-making achievements over the years, it has indeed produced quite dazzling results. Today, the Special Steel Association has become one of the institutions that masters the most special steel formulas in China.

Sometimes Fu Baoshi can’t help but regret that none of the steel companies in Shandong Province had the foresight to join the Special Steel Association when it was first established.

...

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