Rebirth of the World’s Richest Man

Chapter 3837 Talks

 After the Commerce Department and the Supervisory Committee made the decision, they acted very quickly. Soon, the merger plan reported by Worker Xu was ready to be formally notified to Worker Xu.

But people from Xu Gong's side have already arrived in the capital and want to get a chance to negotiate.

 Personally report to the commercial department and the supervisory committee.

At this time, the business department and Director Qin were hesitant again.

After the two parties met again to discuss, they decided to give Xu Gong a chance to make a statement, and also to notify people from Sanyi Heavy Industry to come to the capital.

 Strive for both parties to reach an agreement and stop making trouble.

 After receiving the notice, Worker Xu scheduled a meeting at the Commerce Department for the next morning, and the leaders of the Supervisory Committee would also come to attend.

At the same time, Mr. Ji and Mr. Liang of Sanyi Heavy Industry, who were far away in Shanghai, were also notified that the business department had informed them of a meeting.

 Mr. Liang and Mr. Ji immediately came to Huaqing Holding Group and informed Jiang Xiaobai of the news.

"Okay, then you can go and participate. If you have any problems or need any help, you can tell me at any time. You must resist the pressure. Remember that this time your Sanyi Heavy Industry wins, it is our private enterprise that wins. If Sanyi Heavy Industry wins, If Yizhong Industry loses, our private enterprises will lose.

 If necessary, whether it is funds or channels, we can provide it..."

Jiang Xiaobai looked at the two men and warned that this time, Jiang Xiaobai could not end the game himself, at least not now, so he could only rely on Sanyi Heavy Industry, hoping that Sanyi Heavy Industry could withstand the pressure.

Of course, Jiang Xiaobai also had doubts about whether Sanyi Heavy Industry could withstand the pressure. After all, when Sanyi Heavy Industry arrived in the capital, it was facing pressure from the commercial department and the Supervisory Committee. That is to say, there is Jiang Xiaobai on the Internet now. The pressure on the Commerce Department and the Supervisory Committee is huge, and Jiang Xiaobai can share some of it.

 Mr. Liang, Mr. Ji and Jiang Xiaobai made repeated promises and went to the capital. Jiang Xiaobai also reinvested his energy in the listing of Xingye Bank and Oriental Bank.

Xu Gong in the capital is also busy preparing to report to the commercial department tomorrow. Everything was fine until Sanyi Heavy Industry jumped out. Forget about Sanyi Heavy Industry jumping out, the storm that Sanyi Heavy Industry can cause Big deal.

It lasted for a while, and when the limelight passed, it was over. As a result, the limelight was about to pass, and Jiang Xiaobai actually stood up and supported Sanyi Heavy Industry, which pushed the matter in another direction.

Mr. Wang from Xu Gong came out of the conference room and returned to his room. The vice president and office director followed him in.

"Mr. Wang, don't worry too much. This Sanyi Heavy Industry is just messing around. How our Sanyi Heavy Industry chooses is our Sanyi Heavy Industry's business and has nothing to do with them. Don't worry, I believe that the Commerce Department and the Supervisory Committee will The relevant leaders can understand clearly.

He will give us a satisfactory answer..." the vice president said slowly.

The office director also advised: "Yes, Mr. Wang, even if we take a step back, the original decision was made collectively by the top management of our company, and it is not your business alone."

Everyone tried to persuade him, and Mr. Wang's mood improved a lot, so he asked about the Kailei Group.

“Is there any action from the Kai Lei Group?”

The vice president shook his head: "Kailei Group has not communicated with us, but according to some news, Kailei Group may spread some news in foreign news media to support this cooperation."      Kailei Group It is indeed strong, but the problem is that no matter how strong the Kailei Group is, it is still weak in the country. Especially after Jiang Xiaobai stepped down to support it, the Kailei Group has no power to fight back on the Internet.

As for some relevant media and newspapers, at this time of excitement, if they don't speak for Sanyi Heavy Industry, how can they speak for Kailei Group?

It is simply impossible, so the Kailei Group can only support it abroad.

 But Mr. Wang sighed after hearing this. What's the use of expressing support abroad? What the foreign media says is of no use, and it won't have much influence abroad.

It seems that Xu Gong can only bear this level first.

Soon, the next day came. Mr. Wang, who had promised to work early in the morning, took relevant personnel to the commercial department.

 In the conference room, Sanyi Heavy Industry did not participate for the time being, while Director Qin and others from the supervisory committee were waiting.

Needless to say the history of Xu Gong. If you look back on the history, it was established in 1943. It once manufactured the first independently developed ten-ton road roller in China, the first independently developed steam press in China, and the first domestically developed steam press. A five-ton truck crane independently developed in Taiwan.

Later, Xu Gong began to try to take the civilian route. After all, it was a military-to-civilian enterprise, and the quality of the products it produced was quite excellent.

 Coupled with its high quality and low price, it was immediately welcomed by domestic people and has a very large market share even in foreign markets.

 Because of this, Xu Gong has always been a leading enterprise in domestic heavy industry. In 1996, Xu Gong was listed on the stock market. The revenue that year exceeded 1 billion and the profit also reached 100 million.

 Last year, that is, in 2005, the group's total assets were 7.2 billion yuan and sales were 13.1 billion yuan.

It can be said to be a glorious moment, but it is also a glorious moment. Behind the glory, Xu Gong, a state-owned enterprise, is constantly declining. Yes, the sales volume of Xu Gong Group is getting bigger and bigger, but the income has never improved. Debt pressure is increasing day by day.

 It is even said that the return on assets has even dropped to 5%, which has reached a situation where it is unable to make ends meet.

Of course, this situation is not unique to Xu Gong in China. Many companies are like this.

 Mr. Wang briefly mentioned the history of Xu Gong, mainly to introduce the matter of restructuring.

“Dear leaders, we at Xu Gong did not say that we wanted to transfer our shares from the beginning, but the reality is that we cannot survive at all, and we did not say that we wanted to transfer our shares to foreign investors from the beginning.

  At the end of 2002, our company, Xu Gong, was one of the large-scale restructured enterprises in the province. At the beginning of 2003, our company Xu Engineering officially launched the restructuring.

At that time, our initial restructuring plan of Xugong Group was the MBO that later became very controversial. Of course, we are an MBO with more than 500 operating managers, including the management of lower-level branch companies, as well as model workers and technicians, not an MBO with just a few people from a group company. "

Mr. Wang spoke slowly, attracting the attention of everyone in the conference room.

 (End of this chapter)