Chapter 116 Unexpected Consequences
The boss of Huace Company is definitely a character. The most important performance is that he can often chat with the leaders of the central government. There are quite a few photos of him, some central leaders happily taking photos with his whole family with his daughter in their arms. Every year at the end of the year, when the general managers of Zhongce companies from all over the country come to Beijing to report on their work, he will hire a certain building of the Diaoyutai State Guesthouse where the central leaders receive foreign guests. The general managers have to verify and register when they come in, and the reporting time for each person is no more than 15 minutes. , the atmosphere is both relaxed and solemn, it is very awe-inspiring and unforgettable for the rest of your life.
In the eyes of most Chinese, the leaders of the central government and the Diaoyutai State Guesthouse are more effective than the current law. Naturally, this approach can confuse many people and enhance his credibility in the eyes of everyone.
In terms of business operations, he took full advantage of certain loopholes in China's current regulations. The original sino-foreign joint venture regulations allow foreign capital to be invested in installments. Great Aim's acquisitions often prepay 15% to 20% of the investment, so that they can smoothly control the state-owned enterprises, and invest the funds obtained after the first batch of enterprises are listed overseas into rolling acquisitions. That way you don't have to worry about running out of funds.
However, although Chinese law stipulates that the foreign joint venture party shall not transfer its joint venture equity, Great Aim has transferred the shares of the overseas holding company that holds these equity. At the same time, Great Aim has benefited a lot by taking advantage of China's various tax incentives for joint ventures and the dual-track exchange rate system. When he bought a shell to form Great Aim, the company still had a loss of 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 stationed a single person. Itinerant audit.
"Asset restructuring is a very cost-effective business. Why isn't Mr. Fan interested? As far as I know, your s has a foreign investment background, and the capital flow is very large. It is easy to play this kind of game." Li Yuanhu He raised doubts in his heart, he thought that it was impossible for a person like Fan Wubing not to pay attention to this kind of money.
Fan Wubing smiled and said, "First of all, you need to understand that s is now just my sister Fan Ting's company, and I'm just a nominal vice president. But my assets are far more than s's total assets. It has increased hundreds of times, and I am now investing in domestic projects. Hengdian has a film and television city, Liushi has a low-voltage electrical company, and Panshi has acquired a glass factory and Panshi Heavy Industry here. There are also a lot of stock and securities investments overseas, and hold the stocks of many large companies, such as Cisco and Microsoft."
Li Yuanhu was taken aback immediately. He originally 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 also said that these were all built by himself, how could he not be scared?
Fan Wubing ignored Li Yuanhu's astonishment. In response to the question he raised, he continued to explain, "I know the person you mentioned. This kind of acquisition activity was at the beginning of the acquisition. Due to the liberation of the system,
Naturally, it can stimulate productivity, and there will be a rebound in profit growth. However, with the increasing marketization of the mainland's economic atmosphere. The advantages of the system will gradually disappear, and the old problems of state-owned enterprises such as backward real estate industry, aging equipment, ineffective development of new products, and unreasonable talent structure will emerge one by one. But I think he has more than enough acquisitions, weak integration, enters Xun, and hesitates to exit. Although he will make a lot of profits in the early stage, he will inevitably fall into the quagmire of specific operations in the end. Even now, criticisms of Huace's phenomenon are often reported in the newspapers. Many people have already accused this empty-handed profiteering as commercial speculation without technology and management experience. Speculating on companies has caused a serious outflow of state-owned enterprises. Just my personal opinion. This kind of acquisition will not last for three years. "
actually. Didn't Fan Wubing acquire Panshi Heavy Industry by borrowing from Huace Company's operation methods? It's just that his vision is higher and his technique is more proficient. He is a completely empty-handed white wolf. Unlike him, he is not simply playing capital games, but has a complete set of excellent integration plans. After asset restructuring, the The industrial structure of Panshi Heavy Industry has undergone a reasonable transformation, and now Panshi Heavy Industry is thriving. This kind of operation method is impossible for Huace. Basically, Huace is a leather bag company, but behind this leather bag company is the support of the upper class.
Fan Wubing's original intention of acquiring Panshi Heavy Industry was actually to remind the upper management that Huace's behavior would cause a certain degree of harm to many state-owned enterprises, but one thing he did not expect was that he did not kill them all and bankrupt Panshi Heavy Industry After selling it, they chose a way to change production. In this way, Panshi Heavy Industry suddenly became a successful example of asset restructuring, and 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, but has even increased!
This matter was really beyond Fan Wubing's expectations, and he did not expect it, but judging from the current situation, Hua Ce must have someone on top, and it is very likely that he is a pawn of a certain power group After considering that it would cause him a lot of trouble, Fan Wubing felt that he should not get involved in this matter too deeply, so as not to cause another round of shootings to himself or his father.
For some things, Fan Wubing really watched too much, and his heart was cold. It was a great success to manage Panshi well. There was no need to block other people's money, the risk was too great.
"By the way, in fact, I still have a satellite communication service company and three satellites in Beijing, and a New Silk Road entertainment company in Shanghai, which is now cooperating with CCTV, and will launch a brand new entertainment column on the new channel in the future. As for the The details have not yet been worked out. For the Panshi Airport project, a cement plant and a steel plant are currently being inspected, and the initial plan is to purchase them and renovate them to meet the current needs." Fan Wubing thought of these things, Just talk to Li Yuanhu by the way.
Li Yuanhu was speechless for a while, and said after a long time, "Mr. Fan, I really don't know what I can do for you. Now it seems that being a housekeeper is okay."
Fan Wubing smiled, but after thinking about it, Li Yuanhu's words made some sense, he still lacked such a character as a housekeeper, at the technical level and management level, he was not short of manpower, but the arrangement of daily affairs In fact, I need someone who is well versed in the world to remind myself.
However, Li Yuanhu still put forward a very pertinent suggestion, "Since Mr. Fan has plans to acquire and renovate the cement plant and the steel plant, he might as well expand the scale of the plant. These two projects are most needed for infrastructure construction. What the province needs is not only a large airport, but also a lot of high roads extending in all directions! Cement and steel are very useful!"
Wangtian is an inner 6 city, and the traffic is not too bad, but most of the roads are secondary roads, the quality is not very high, especially in recent years, the transportation industry has developed rapidly, the road surface is under heavy pressure, and the damage is serious. New high-quality roads need to be built to lead to the five surrounding provinces and cities. Even if Panshi has a large airport in the future, the surrounding logistics transportation will still rely on road and rail transportation, so the idea of building high-speed roads is still Well worth considering.
The only thing is that if you want to build a high-speed highway, you must first approve the project through the Ministry of Construction, which is still a big problem.
You must know that Fan Wubing had a very unpleasant relationship with the Ministry of Construction when it came to the construction of the Panshi Airport. If they want to build a high-speed highway next time, maybe they will come up with some demon moths 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 you have some power, you are always easy to be supported by the officials in your hometown. It is reasonable to reciprocate and give back to your hometown. Therefore, many people in the ministries and commissions will seek some convenience for their own relations. 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 the entire Wangtian, and then affect the reform situation of the entire central province. The total amount of domestic economic demand is certain, and the coastal economy will suffer Weakened, this will of course make many people feel uncomfortable, so it is understandable that the mainstream Jiangsu and Zhejiang parties of the Ministry of Construction hold a grudge against Fan Wubing.
If it weren't for Fan Wubing's far-reaching influence, the people at the upper echelon were biased, and Wangtian's local support was strong, and several major projects in Panshi were going smoothly, it would be impossible for the Ministry of Construction not to be involved in the construction of Panshi Airport. Being entangled in the project, even if it can be delayed for a while, is beneficial to them.
Although in many cases, everyone says to serve the public wholeheartedly, but in practice, it is very rare to be able to do this. Even if you are the number one person in the world, you are still a human being. As long as you are a human being, you have three relatives and six stories. If you have the seven emotions and six desires, you will inevitably be vulgar.
"It's simply impossible to do business without dealing with the political circle." Thinking of this, Fan Wubing couldn't help feeling a little emotional.