Wealth

Vol 3 Chapter 116: Unexpected consequences

The boss of Huace Company is definitely a person. One of the most important performance is that he can often chat with the central leaders. He has many photos, and some central leaders happily took photos with his family in his arms. Every year at the end of the year, the general manager of Zhongce companies from all over the country comes to Beijing to report. He must contract a building of the Diaoyutai State Guesthouse where the central leadership receives foreign guests. The general managers must verify and register when they come in. Everyone’s reporting time is less than 15 minutes. The atmosphere is relaxed and solemn, which makes Lai awe-inspiring and unforgettable.

The central leadership and the Diaoyutai State Guest House, in the eyes of most Chinese people, are things that are more useful than the current law. Naturally, this approach can confuse many people and enhance his credibility in the eyes of everyone.

In business operations, he took full advantage of certain loopholes in China's current laws and regulations. The original Sino-foreign joint venture regulations allowed foreign investment in installments. Huace’s acquisitions often prepaid 15% to 20% of the investment, so that state-owned enterprises can be controlled smoothly, and the funds obtained by the first batch of companies after they have been listed overseas can be invested in rolling acquisitions. In this way, there is no need to worry about insufficient funds.

Although Chinese law stipulates that foreign joint venture parties may not transfer their joint venture equity, Huace has transferred the shares of overseas holding companies that hold these equity. At the same time, Huace used China's various tax incentives for joint ventures and the dual-track exchange rate system to make a lot of profits. When he bought the shell to form Huace, the company was still losing more than 10 million Hong Kong dollars, but only one year later, the company's net profit reached more than 300 million Hong Kong dollars, becoming a miracle stock in the Hong Kong stock market.

But he himself has no experience in industrial management, and he has no interest in it. He has acquired hundreds of companies and has never assigned a person to it. It depends on the original factory directors to continue to operate. There are only two or three financial personnel in the headquarters throughout the year. Circuit audit.

"Asset reorganization is a very cost-effective business. Why is Mr. Fan not interested? As far as I know, you have a foreign background, and the flow of funds is very large. It is easy to play this kind of game." Li Yuanhu He raised the doubts in his mind, and he thought it was impossible for a figure like Fan Wubing to not pay attention to this kind of money.

Fan Wubing smiled and said, "There is one thing you need to understand first, s is only my sister Fan Ting’s company now, I am just named vice president. But my level of assets is far more than s’ total assets. Hundreds of times, and I am investing in domestic projects. Hengdian has a film and television city, and Liushi has a low-voltage electrical appliance company. Panshi has acquired a glass factory and Panshi Heavy Industries. There are still many stocks and securities investments overseas, and they hold the stocks of many large companies, such as Cisco and Microsoft."

Li Yuanhu was shocked immediately. He thought that Fan Wubing was just a wealthy second-generation ancestor, but he didn't expect Fan Wubing's assets to be so huge, and this guy said that these were all made by himself. How could he not be shocked?

Fan Wubing ignored Li Yuanhu's surprise. Continuing to explain the question he asked, "I know the person you mentioned. This kind of acquisition is at the beginning of the acquisition. Due to the liberation of the system, productivity will naturally be stimulated, and there will be a rebound-like increase in efficiency. However, with the increasing marketization of the Big 6 economic atmosphere, the advantages of the system will gradually disappear, and the old problems of state-owned enterprises such as backward industrial types, aging equipment, inadequate development of new products, and irrational talent structure will emerge one by one. I think he has more than acquisitions, integration is weak, entering is fast, and exiting is hesitant. Although it will be profitable in the early stage, it will inevitably fall into a specific management quagmire in the end. Even now, criticisms of the Huace phenomenon are common. In the newspapers, many people have accused this kind of empty-handed profit behavior as a commercial speculation with neither technology nor management experience. Speculation in enterprises has caused a serious outflow of fertilizer from state-owned enterprises. In my personal opinion. This kind of acquisition will not last three years. ."

actually. Fan Wuyao's acquisition of Panshi Heavy Industries, hasn't he learned from Huace's operating methods? It’s just that he has a higher vision and a more proficient technique. He is a completely empty gloved white wolf. Different from that, he is not simply playing a capital game, but has a set of excellent integration plans. After asset reorganization, he will The industrial structure of Panshi Heavy Industry has undergone a reasonable transformation, and only then has the current state of Panshi Heavy Industry's prosperity become possible. This kind of operation method cannot be achieved by Huace. Basically, Huace is a leather bag company, but there is the support of the upper-level people behind the leather bag company.

Fan Wuyao’s original intention to acquire Panshi Heavy Industries was actually to remind the upper management that Huace’s actions would cause a certain degree of harm to many state-owned enterprises, but one thing he did not expect was that he did not rush to kill Panshi Heavy Industries and put Panshi Heavy Industries into bankruptcy. After the sale, it chose a path of conversion. In this way, Panshi Heavy Industry became a successful example of asset restructuring, but instead was regarded as a benchmark for the acquisition of state-owned assets such as Huace Company.

Therefore, the acquisition of Huace Company has not been stopped by the upper management, and it has increased!

This incident really went beyond Fan Wuyi’s expectations, and he did not think of it, but from the current situation, Huace has certain people on it, and it is very likely that they are the front pawns of a certain power group. After considering that he would cause a lot of trouble to himself, Fan Wubing felt that he shouldn't get involved too deeply in this matter, so as to save himself or his dad from shooting another shot.

With regard to some things, Fan Wubing has really watched too much, and his heart is also chilled. It is a great success to manage Panshi well. There is no need to block other people's money, and the risk is too great.

"By the way, I actually have a satellite communication service company and three satellites in Beijing, and a new Silk Road entertainment company in Shanghai. I am currently cooperating with CCTV. I will launch a new entertainment program on the new channel in the future. The details have not been worked out yet. On the Panshi Airport project, a cement plant and a steel plant are currently being inspected, and the initial plan is to acquire them and transform them to meet the needs of the current stage." Fan Wuyi thought of these things. Just talked to Li Yuanhu by the way.

Li Yuanhu was speechless for a while, and it took a long time to say, "President Fan, I really don't know what I can do for you. Now it looks like it's okay to be a housekeeper."

Fan Wubing smiled, but when I think about it, Li Yuanhu's words make sense. He still lacks such a butler-like character. He is not short of manpower at the technical level and management level. It is the arrangement of daily affairs. Above, there needs to be a person who is well versed in human affection and sophistication to remind myself.

However, Li Yuanhu still put forward a very pertinent suggestion, "Since Mr. Fan has plans to acquire and renovate cement plants and steel plants, he might as well increase the scale of the plant. These two projects are the most needed for infrastructure construction. What Tianshen needs is not only a large airport, but also many high roads extending to all directions! Cement and steel are very useful!"

Wangtian is an inner six city, and the traffic is not very bad. However, most of the roads are secondary roads and the quality is not very high. Especially in recent years, the transportation industry has developed rapidly. It is necessary to build new high-quality highways to the surrounding five provinces and cities. Even if Panshi has a large airport in the future, the surrounding logistics and transportation will still rely on road and rail transportation. Therefore, the idea of ​​building a high highway is still It is worth considering.

There is just one point. If you build a high-speed highway, you have to approve the project through the Ministry of Construction. This is still a big problem.

You know that Fan Wuyao had a very unhappy relationship with the Ministry of Construction on the construction of the Panshi Airport project. If the high-speed highway is to be built next time, they may have some monsters to obstruct it. It seems that the upper-level route must be opened up. Okay!

Regional disputes are also very obvious in the ministries and commissions. If they have a little power in their hands, they are always easy to be favored by hometown officials~www.wuxiaspot.com~ It is reasonable to give back to the hometown. There is a saying that is very good. If the wealth cannot be returned to the hometown, it is tantamount to walking at night. Therefore, many people in the ministries will seek some convenience for their relationships. A little bit of policy or funding is enough to affect the development of a region.

The rise of Panshi will inevitably drive the economic development of Wangtian, which will affect the reform situation of the entire central provinces and regions. The total domestic economic demand is certain. One after another, the coastal economy will be affected. Weakening, of course, will make many people feel uncomfortable, so it is understandable that the mainstream Jiangsu and Zhejiang parties of the Ministry of Construction hate Fan Wuyi.

If it were not for Fan Wuyao’s far-reaching influence, the upper-level figures have tendencies, and Wangtian’s local support is strong, and Panshi’s several major projects are going smoothly, it is impossible for the Ministry of Construction to not be involved in the construction of Panshi Airport. The entanglement on the project, even if it can be delayed for a while, is beneficial to them.

Although in many cases, everyone says that we must be one-minded, but in actual operation, it is really rare. Even if you are the number one person in the world, you are still a person. As long as you are a person, you have three relatives and six deceased persons. , There are seven emotions and six desires, it is inevitable to be vulgar.

"It's impossible to do business without dealing with politics." Thinking of this, Fan Wuyao couldn't help feeling a little.

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