1987: Sleepless Tonight

Chapter 532 Merger

The assets of Hongyuan Beverage Factory are mainly several sets of imported equipment, while the main liabilities are bank loans, which are used to buy imported equipment, renovate the workshop, and other purposes.

"If it really goes bankrupt, it will hurt Hongyuan Beverage Factory, the bank, and the employees in the factory. Although Hongyuan Beverage Factory is insignificant in the beverage industry, it is not as big as the second and third beverage factories. Fabi, but it has been decades since the establishment of the factory.” Sun Yunshui said.

He glanced at Liu Longjiang, Wang Guosheng, Wang Tieshu, Xu Jihai and others, "The predecessor of Hongyuan Beverage Factory was the popsicle factory?"

Hongyuan Beverage Factory and the Municipal Economic Commission are separated by a few floors of leading units, and some more detailed aspects have to be determined by specific people, and he doesn't know that much in detail.

"Yes, it used to be a popsicle factory."

"Many beverage factories were formerly popsicle factories."

"The factory built in the 60s has been around for more than 20 years."

several people said.

I am very sorry that a 20-year-old factory is not a short period of time, but now it is facing bankruptcy, and this is not an isolated case. The operating conditions of many factories are worrying.

Not only small and medium-sized enterprises, but also some large factories are also facing considerable challenges.

"Bankruptcy is the worst option. Although Hongyuan Beverage Factory's financial situation has exceeded the threshold of bankruptcy, it still needs to encourage mergers." Sun Yunshui said.

Enterprises that are on the verge of bankruptcy will not go bankrupt immediately, there will be a buffer, and the rectification will be carried out according to the prescribed time limit. If the rectification goal is reached on schedule, the enterprise will be declared to recover. If the goal cannot be reached, the bankruptcy application can be filed with the court where the enterprise is located.

But Hongyuan Beverage Factory has no value for rectification.

Few people even care about mergers, only Lu Hao can be regarded as the most suitable candidate.

It is better to be able to merge than to go bankrupt directly. Bankruptcy requires liquidation of assets. If the sale should be sold, only part of the bank's debt may be returned, and the employees in the factory will have to be laid off.

Mergers, on the other hand, usually take over with debt and employees.

"The merger of Hongyuan Beverage Factory must adhere to voluntary, mutual benefit, paid transfer, and act in accordance with the law. If it is conducive to urban planning and productivity development, the assets, debts, and especially the problems of employees must be resolved at the same time, and the problem of employee placement It must be put in the first place, while merging all the assets of Hongyuan Beverage Factory, it must bear all its debts, arrange all current and retired employees, and properly solve their work, welfare and basic living expenses." Sun Yunshui made a request.

He gave a framework within which it must be executed.

In fact, if Hongyuan Beverage Factory didn't have a lot of employees, it would be more troublesome to arrange it, and it would make people feel hot, and many units would be willing to take over.

"This is for sure. If Hongyuan Beverage Factory is merged by me, I will bear all the debts. All the employees in the factory, except for some old oil, will affect the normal operation of the company and production efficiency. These People can't stay, they will be fired, and other employees will definitely take over." Lu Hao said.

He had prepared for this a long time ago, and this was also the key to his ability to win the Hongyuan Beverage Factory.

Without these two promises, it would not be his turn to eat the meat of Hongyuan Beverage Factory. The employees in the factory hoped that he would be the factory director, but they would not want him to replace everyone after he became the factory director.

The next step is to discuss the specific details and bargain.

Wang Guosheng, Xu Jihai, including Liu Changping and Hong Erquan, all favored Lu Hao, and even the leaders Sun Yunshui, Liu Longjiang, and Wang Tieshu all favored Lu Hao to take over Hongyuan Beverage Factory.

The talks went well.

Hongyuan Beverage Factory has a total of 532 employees. Lu Hao has the right to fire less than 10 employees, and the rest must take over. They cannot be fired at will within 5 years.

Hongyuan Beverage Factory has total assets of RMB 650 million, liabilities of RMB 500 million, and net assets of RMB 150 million. Hongyuan Beverage Factory will transfer all property rights in accordance with the sale of net assets.

In other words, Lu Hao had to pay 150 million to buy Hongyuan Beverage Factory, and at the same time, he had to bear the 500 million debt.

The money for the purchase of Hongyuan Beverage Factory was paid off within one year, and the debt was repaid on schedule according to the loan contract signed between Hongyuan Beverage Factory and the bank.

There are several ways of mergers and acquisitions, one is to assume debt, one is to purchase, one is to transfer, and the other is to share.

Lu Hao merged Hongyuan Beverage Factory and assumed its debts and employees, which was a debt-assuming merger.

The canteen was contracted to Hong Erquan, Wang Lixing, Zhang Mingyi, and several leaders agreed.

In fact, this was also for the sake of stability. Hong Erquan and the others borrowed money from many people, many of whom were employees in the factory. If these people were not allowed to find a way to make money and repay their debts, those people would definitely make trouble.

In the eyes of several leaders, doing so hurt Lu Hao's feelings and violated his interests.

When making the decision to contract the canteen to Hong Erquan, Xu Jihai even spoke nice words in front of Lu Hao, telling Lu Hao not to be emotional, this was for the sake of the overall situation.

"Director Hong borrowed money from many employees in the factory. The amount involved is not small, and the number of people is quite large. Only by contracting the canteen to him can he have the opportunity to repay the money of those employees. This is also helpful for stabilizing the mood of the employees. Positive effect, don't think too much about it."

Lu Hao was actually happy in his heart. The canteen was contracted to Hong Erquan, he could save a lot of expenses, and the advantages to the future development of the company outweighed the disadvantages.

Secretly laughing, the face is still bitter, "Several leaders did this for the sake of the overall situation. Although I am a private owner and want to make money, I also know that if there is no stable environment and warm soil, I want to It’s also hard to make money.”

He was very knowledgeable in general.

Seeing him like this, several leaders were very satisfied.

Sensible people, who doesn't like it?

"Boss Lu, Hongyuan Beverage Factory was annexed by you, and the employees stayed, but their employment form has changed. They have changed from permanent workers to contract workers. They used to work in state-owned units with guaranteed wages. Now they will soon become your private boss. The wages of the workers cannot be lowered." Li Changhe said suddenly.

He looked at Lu Hao, "Although you promise not to fire most of the employees within five years, if the wages are lower than before, that's not acceptable."

He didn't get a few sets of advanced production equipment, and he felt a little unhappy.

I thought that even if I couldn't get all three sets of equipment, it shouldn't be a big problem to get one set, but it turned out that I didn't even have one set, and all of them fell into Lu Hao's hands.

A private owner, but got so many good things, and was about to take over Hongyuan Beverage Factory so easily, he felt very unhappy.

After working in the No. [-] Beverage Factory for so many years, it is not easy to take the position of deputy factory manager. Although he is polite when meeting people on weekdays, he can't hide the pride in his bones, but compared with Lu Haoyi, the gap is a bit big.

The Hongyuan Beverage Factory with assets of 650 million was taken by a young man in his thirties just like that. Judging by Lu Hao's appearance, he seemed very relaxed.

He was even more unhappy.

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