Resource Tycoon Reborn

New Year's Day is approaching, but in the headquarters building of Haiyou Iron and Steel Group Company, everything is gloomy and gloomy! None of the staff in the building are smiling, and their faces are gloomy. Today is the meeting between Guangyao Iron and Steel Group Company and Haiyou Iron and Steel Group Co., Ltd.

The fourth formal acquisition negotiation of the group company will be attended by important persons in charge from both parties, as well as the main leaders of the Provincial Exhibition Committee and the Industrial Department. It is likely that the future fate of Haiyou Iron and Steel Group Company will be decided at this meeting. When I think of it,

How could they laugh at this?

This was the thirty years of Hedong and the thirty years of Hexi. In 2005, Haiyou Iron and Steel Group Company had been trying to acquire Guangyao Iron and Steel Group Company. If it hadn't been for Aselokki Group Company and Liaoning Iron and Steel Group later

The company disrupted the situation and suddenly decided to join forces to inject capital into Guangyao Steel Group Company, becoming joint major shareholders with 30% of the shares each. Guangyao Steel Group Company would definitely not be able to escape the hands of Haiyou Steel Group Company. As a result, it only took more than two years.

Time has passed, but the situation has changed!

Guangyao Steel Group Co., Ltd., which received capital injections from Liaoning Iron and Steel Group Co., Ltd. and Aselock Group Co., Ltd., not only was approved to start production of its hot-rolled coil project, but also launched production lines for marine steel plates and automotive steel plates in 2007.

At the beginning of this year, it was pushed onto the Hong Kong stock market and became a Hong Kong listed company! Although, in the past two years or so, the steel production capacity of Guangyao Steel Group Company has not increased much, the backward production capacity has basically

were completely eliminated and replaced by modern production equipment, becoming a rising star in Shandong Province’s steel industry!

In 2006, Guangyao Steel Group Company achieved after-tax income of almost 1.7 billion yuan. This year, although the final statistics have not yet been released, industry insiders estimate that its after-tax income may exceed 2 billion yuan.

1.5 billion yuan! Who can make people’s products of high quality without worrying about sales? The domestic automobile industry and shipbuilding industry are both in a period of great development. The demand for automotive steel plates and marine steel plates is almost based on the amount of production and consumption, and Fangjia’s

There are also many companies that are large consumers of steel products. The so-called first-come-first-serve approach. With Liao Iron and Steel Group Company as a shareholder, Guangyao Iron and Steel Group Company has naturally gained a lot of advantages.

On the other hand, Haiyou Steel Group Company was originally formed by the Shandong Provincial Government on the basis of a number of steel companies in the province. The original intention of the province was to use this method to change the low efficiency and profit margins of these state-owned enterprises.

In a situation of meager or even loss, even if it cannot make a profit of more than one billion yuan in half a year like Guangyao Steel Group Company, it must at least achieve a balance of payments, and there is no need for the province to fill holes every year! Of course. It is best to

It can become the backbone of state-owned enterprises in Shandong Province like Haibao Iron and Steel Group Company or Jingcheng Iron and Steel Group Company.

Therefore, although it was said that Haiyou Iron and Steel Group Co., Ltd. failed to acquire Guangyao Iron and Steel Group Co., Ltd., the Provincial Government of Shandong Province did not give up on Haiyou Iron and Steel Group Co., Ltd. In the past two years, it also invested a lot of energy and funds, hoping that Haiyou Iron and Steel Group Co., Ltd.

You Iron and Steel Group Company was able to reverse the long-term losses of these enterprises. However, the result was a huge disappointment to the leaders of the Shandong Provincial Government. Since the establishment of Haiyou Iron and Steel Group Company, there has not been a year when it has been profitable, and all of them have been losses. As of this year

The loss even exceeded RMB 2 billion! This was certainly due to the sharp increase in Haiyou's ore, but it is also an indisputable fact that Haiyou Iron and Steel Group Co., Ltd. is unable to operate.

In the second half of this year, Guangyao Iron and Steel Group Company suddenly expressed its intention to take over Haiyou Iron and Steel Group Company to the province. This was tantamount to the provincial leaders who had lost hope in Haiyou Iron and Steel Group Company.

After a long drought, Haiyou Iron and Steel Group Co., Ltd. has a big business that not everyone can take over, and its losses have also scared many investors. In just over three years since its official establishment, it has

It has already lost more than 4.76 billion yuan! The Guangyao Iron and Steel Group Company took over, and it can be regarded as a company from the same province taking over. The meat is still rotten in the pot!

The two parties were in love and the concubine was interested, so naturally they hit it off and started negotiations immediately. Of course, the management of Haiyou Iron and Steel Group Company was extremely dissatisfied with this, but the so-called arm cannot twist the thigh. Back then, they relied on the provincial government to get a low price

After acquiring Guangyao Steel Group Company, the same fate has now befallen them. But they are worse off than Guangyao Steel Group Company! Guangyao Steel Group Company still had some confidence in resisting the arrangements of the provincial government. After all, Guangyao Steel Group Company

The group company was still profitable that year! Haiyou Iron and Steel Group Company, on the other hand, lost nearly 5 billion yuan in just over three years, not counting the benefits brought by the preferential policies granted to it by the provincial government!

When Fu Baoshi sat down at the negotiation table, Di Minzhong was face to face with him. Looking at Fu Baoshi's already graying temples, Di Minzhong sighed inwardly. Fu Baoshi was still capable, but in Hai

Right Iron and Steel Group Company, a company that is like a dancing elephant in shackles, is subject to too many constraints. In addition, it has no technology, a small market share, too many employees, and low work efficiency.

There are too many blood-sucking moths in his body, and he doesn't have enough power. Even if he has all kinds of abilities, he can't use them at all.

Di Minzhong couldn't help but feel lucky. If he hadn't made a decisive decision, approached Fang Mingyuan, and obtained the capital injection from Aselock Group Company and Liao Provincial Iron and Steel Group Company, thereby getting rid of the acquisition crisis of Haiyou Iron and Steel Group Company, I am afraid that Guangyao would be where he is now.

The Iron and Steel Group Company has also been dragged into the quagmire of the Haiyou Iron and Steel Group Company, and it is difficult to extricate itself, right?

Today, although I am not the largest shareholder in Guangyao Iron and Steel Group Company, with the strong financial and technical support of Aselokki Group Company and Liaoning Iron and Steel Group Company, at least in Shandong Province, Guangyao Iron and Steel Group Company

In the steel industry, it is already the well-deserved largest enterprise. Fang Mingyuan has also contributed to the listing of Guangyao Steel Group Company in Hong Kong. Even small shareholders like them can straighten their backs in front of these responsible officials and no longer have to

As groveling as before! Moreover, Liaoning Iron and Steel Group Company and Aselokji Group Company did not purge the management of Guangyao Iron and Steel Group Company, nor did they interfere in the company's business, as they said before signing the contract.

It can be said that these two years have been the most relaxing time since the founding of Guangyao Steel Group Company!

As for Deputy Director Wu Yuanyi, he met him half a year ago. He was almost hidden in the snow. Now he only has a deputy director level salary and no real power. The reason why Wu Yuanyi fell into this position

At this step, although after he became a lost dog, the enemies he had made in the past started to add insult to injury and beat the lost dog. The more important reason was because of the booming performance of Guangyao Steel Group and the fact that he had been firmly seated as the chairman of the company.

Let the officials in the province understand that whoever uses Wu Yuanyi will be enmity with Di Minzhong, have trouble with Guangyao Iron and Steel Group Company, and destroy the face of Liao Provincial Iron and Steel Group Company and Aselokji Group Company!

"Chairman Fu, Mr. Fang said, I hope that both of us can reach an agreement before New Year's Day and not delay it any longer. The longer the delay, the more the value of Haiyou Steel Group will be lost. We will reorganize after the acquisition."

The difficulty will be greater. And if this difficulty is too great, in Fang Shao’s view, Haiyou Iron and Steel Group Company will lose the value of being acquired!" Di Minzhong said solemnly, "We Guangyao Iron and Steel Group Company

We have already made a lot of concessions. If, Chairman Fu, you still insist on those unrealistic demands, I can only say that it is a pity."

Fu Baoshi only felt bitter. He glanced at Zhao Yunzhe, deputy director of the Provincial Exhibition Committee and Director of the Department of Industry, who were sitting nearby. From their eyes, Fu Baoshi could not see any intention of supporting him. Instead, they all hinted at him.

He agreed to the conditions of Guangyao Iron and Steel Group Company. He knew that Haiyou Iron and Steel Group Company had almost become a big burden in the eyes of provincial leaders! They hoped to sell Haiyou Iron and Steel Group Company before it fell out of control.

, in exchange for enough funds. For this reason, we will not hesitate to give up all the shares of Haiyou Iron and Steel Group Company!

During the initial negotiations, Fu Baoshi proposed that after Guangyao Iron and Steel Group Company acquired Haiyou Iron and Steel Group Company, the provincial government could hold shares in Guangyao Iron and Steel Group Company, although he did not dare to say that with Liao Provincial Iron and Steel Group Company and Aselok

Ji Group Company went to compete for the position of the largest shareholder, but it is not bad to be the third largest shareholder. However, this request was rejected by Di Minzhong without hesitation! And the reason was upright, Liaoning Iron and Steel Group Company and

Aselokki Group does not want its subsidiaries to have mixed ownership. The two major shareholders have the same opinion. It can be said that their opinions are the decision!

Of course, this decision is also very beneficial to Di Minzhong. If the provincial government becomes the third largest shareholder of Guangyao Steel Group Co., Ltd., it will undoubtedly further reduce the shares of other shareholders. This will be beneficial to the listed Guangyao Steel Group Co., Ltd.

As far as the company is concerned, the shares held by its founder team will further shrink. Di Minzhong's status as chairman, although it is said that as long as there is the support of Liao Provincial Iron and Steel Group Company and Aselock Group Company, it is still unshakable.

, but the power of state-owned shares in the board of directors is often far greater than the shares it holds. This means that it is very likely that a director who threatens Di Minzhong’s position in Guangyao Steel Group will appear in the future! (Unfinished)

to be continued.)