"Old leader, I know you have a good relationship with Mr. Meng of the Fourth Continent Group. Can you help to get him to consider taking over Shengyi Electric to avoid our bankruptcy?" Tan Ziming said worriedly.

"Shengyi Electric has four factories and employs tens of thousands of employees. If it goes bankrupt and is controlled by foreign companies, I am afraid that more than half of the employees will face unemployment." There was a hint of despair in his words.

When Tan Ziming said this, his eyes could not help but turn red.

Shengyi Electric, a long-established state-owned enterprise, started out by producing radios and later transformed into TV manufacturing. It once had a glorious history.

"There are still many old workers in the factory, and they are only 5 to 6 years away from retirement. Once the company goes bankrupt, they will definitely be unemployed immediately. And these older employees will hardly find jobs after being taken over by foreign-funded enterprises. They have elderly parents and young children, and they will face great life pressure after losing their jobs."

Now, the only way Tan Ziming can think of is to let Meng Haisheng take over Shengyi Electric.

Although Meng Haisheng is a businessman, he is not a black heart. If he could take over, these workers might still be able to keep their jobs.

Although the treatment may not be as good as before, it is better to have a job than not.

"Ziming, this is a tricky problem. I can't guarantee that Haisheng will agree to take over." The old leader shook his head.

"Please rest assured, old leader, as long as you can help to connect, we will find a way to do the rest." Tan Ziming's eyes flickered with hope.

Whenever he thought of the plight of Shengyi Electric, Tan Ziming regretted it very much.

He always thought of himself as a capable CEO, but he didn't expect to encounter such a major setback.

Now, he is trying every means to save the company.

"Okay, Haisheng happens to be in Pengcheng too. I'll call him now and you can make an appointment to meet." Shi Rongjin said.

Shi Rongjin is well aware of the problems faced by state-owned enterprises.

Unlike some other state-owned enterprise CEOs who have lost their conscience, Tan Ziming is at least actively looking for solutions to the problem.

In recent years, many state-owned enterprises in China have gone bankrupt and reorganized and turned into private enterprises.

Every bankruptcy reorganization is a huge blow to the country. Not only will a large number of workers lose their jobs, but the country will also have to pay for these bankrupt enterprises.

If the privatization of state-owned enterprises can be achieved without bankruptcy, at least the country will not lose huge amounts of money.

"Old leader, thank you very much for helping me when I was desperate."

"Alas, I understand your situation." Shi Rongjin sighed, then picked up the phone and called Meng Haisheng.

When Shi Rongjin called Meng Haisheng, he was watching the new equipment go online at the laundry factory.

Meng Daniu wanted to open a washing machine factory and a refrigerator factory, and he fully cooperated.

Shi Rongjin told Meng Haisheng about Shengyi Electric Appliances on the phone.

"Are you interested in taking over Shengyi Electric? Shengyi Electric is also a well-established domestic enterprise. This time, it was almost bankrupted because of foreign investment. If you take over and reorganize the factory, you can still make money."

"Is foreign capital so arrogant now? They come to our country to make money blatantly?"

Meng Haisheng has been doing business for many years and knows the methods of these foreign capitals very well.

But in 1997, when the domestic economy had just taken off, foreign capital targeted domestic state-owned enterprises, which was really unexpected for him.

He thought that it would be at least 1998 or after 2000 that foreign capital would target the rapidly developing Huaxia.

"I have done some research. The island country's Yumu Group is very powerful. Their group is even involved in many banks. The bank that Shengyi Electric Appliances borrowed from this time is invested by them."

"Now the Yumu Group is only eyeing Shengyi Electric Appliances. I think they will definitely take action against other state-owned enterprises after they have tasted the sweetness."

"If you can take over Shengyi Electric Appliances, you will confront the Yumu Group in the future. You must be mentally prepared to fight an economic war with them."

"Fourth Uncle, don't worry. In China, it is simply a foolish dream for the island country capital to come and get something for nothing. I will use practical actions to tell them that even if they are capital, they have to see if their fists are strong enough."

The Yumu Group is the island country capital, and Meng Haisheng's Fourth Continent Group is the Chinese capital. He wants to see who will have the last laugh after the two of them face off.

"So have you agreed to take over Shengyi Electric?"

"Yes, Shengyi Electric focuses on the production of large household appliances such as televisions and washing machines. I just want to build a washing machine factory, and taking over Shengyi Electric will save me a lot of trouble."

"That's good, I'll treat you tonight, you and Tan Ziming have a good talk. Tan Ziming used to work with me, and his ability and character are very good. If you have any ideas, you can tell him directly.""Okay, but I'll still arrange the dinner. How can I let you pay for your visit to Pengcheng?"

"Okay, these are just small matters."

After hanging up Shi Rongjin's phone, Meng Haisheng immediately contacted Jiang Chulin and asked him to investigate the island country's Yumu Group and obtain all their detailed information in China.

Meng Haisheng had fought with several groups in the island country, especially in the sewing machine industry.

Until now, the island country's industrial high-speed sewing machines have not been able to enter the domestic market. Looking at the current situation, the Yumu Group seems to want to take the opportunity of producing televisions to impact the domestic market.

The island country's television technology is indeed leading, which Meng Haisheng admits. But they seem to have overlooked a fact: the televisions he produced in the fourth continent are also excellent.

They want to occupy the domestic market and occupy the share of televisions, which is really not a wise move.

In Meng Haisheng's view, televisions are already a sunset industry. They still want to compete in this field, which is simply a waste of effort.

It is better to invest in computers with money, which is a sunrise industry. But since the other party wanted to come here to get involved, he was naturally happy to see it happen.

Jiang Chulin was efficient. As soon as Meng Haisheng returned to the office in the afternoon, he delivered all the information of Yumu Group to Meng Haisheng.

"The industries involved in Yumu Group are really wide-ranging. They not only manufacture home appliances, but also get involved in industrial sewing machines."

Meng Haisheng looked through the information in his hand slowly. Yumu Group has several TV and washing machine factories in Ningxia, but they are not well-known. Even in the island country, its sales can only be considered average.

He guessed that they were so actively entering the domestic market, probably to expand their brand influence.

After all, for some people, the island country brand represents a symbol of status. As long as the price is reasonable, the sales will naturally not be too bad.

With the population base in China, even if they sell casually, the income will far exceed that of the tiny island country.

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