. Everyone talked about it. "Fan Heng was very concerned about all the things he had, and said as soon as he heard this." Fan Wubing had no scruples about his father. Besides, Boss Zhu here would not blame him, so he asked.

Song Qing smiled and said, "I'll just say it. I've sorted out all the relevant information."

"That's great, your Mandarin is more standard than my dad's, and it's pleasant." Fan Wubing immediately agreed.

"You boy" Fan Heng smiled and shook his head, showing a helpless move to Boss Zhu.

"Hahahaha" Boss Zhu laughed suddenly, "Without a sickly temperament, it is indeed not suitable to enter the officialdom."

So Song Qing told Fan Wubing about Chunlan's restructuring.

In October 2000, with the sound of property rights changing gradually and the large-scale transformation of the Southern Jiangsu model, Chunlan's board of directors issued an announcement announcing that without involving state-owned assets, Chunlan Group Company cut 25% of the collective assets of nearly 5 billion yuan, and used cash to conduct quantitative allocations to the management and more than 10,000 employees in a one-to-one ratio.

Chunlan CEO Tao Jianxing believes that Chunlan's reform is in line with the central policy, so it is implemented in a high-profile manner, which immediately attracted widespread and enthusiastic attention from public opinion.

He seems to have considered various possible hidden dangers, such as the reform plan clearly stipulates that the company shall not help anyone purchase company shares in any form, including guarantees, funding, loans, etc.

In order to solve the technical problems, Industrial and Commercial Bank of China, Jiankeliangxing Jiangsu Branch and Chunlan reached an agreement, and the two banks provided 90% of the loans to all Chunlan employees through stock pledges.

In order to avoid suspicion, Tao Jianxing also refused to accept the suggestion that management controls large shares proposed by others, but instead implemented a universal system, which also means that he voluntarily gave up shares worth hundreds of millions of yuan.

At that time, Tao Jianxing told reporters that the relevant departments had considered giving him 10% of the shares of Chunlan Group, but he refused.

Chunlan works hard to work hard, really not to make more money. Giving him 700 million, why should he spend it? In his heart, Chunlan seems to be his own child, and the driving force for money is zero.

Then his confidence and high profile unexpectedly made himself the focus of public opinion discussion.

When Chunlan's reform plan was introduced, someone calculated it and said that Chunlan's reform would create thousands of millionaires, hundreds of millionaires and several billionaires overnight. Tao Jianxing's own wealth naturally became the biggest focus.

Before the reform, his moon arrow was 3,500. According to the reform plan, he could get about 50 million.

So, all kinds of doubts came, and the first question was, what was Chunlan’s surname?

Someone asked that Chunlan's state-owned shares account for 75%. According to Chunlan's plan, employees will also allocate their dividend rights in a one-to-one ratio when purchasing shares. So where does this part of the dividend rights come from? Does it mean that state-owned shareholders give up their dividend rights and give up a piece? Is there a problem of loss of state-owned assets?

The second question is, why is Tao Jianxing worthy of?

An operator of a large state-owned enterprise and a reformer who enjoys a prominent political status, turned into a billionaire overnight, and there is a big cognitive gap between the traditional value judgments.

The last bigger question is, what will the Chunlan effect bring?

Some people commented that the current gap between the rich and the poor in China is widening, and one of the most important manifestations is that some operators have achieved rapid expansion of wealth during the property rights restructuring of state-owned enterprises.

If the transformation is successful, Tao Jianxing may become a pioneer in the reform of state-owned enterprises in China and a model of wealth. Chunlan Group's actions show the world that state-owned industries can still become rich.

After the Chunlan reform is completed, China may experience a wave of large-scale property rights system reforms of state-owned enterprises. For example, Zhang Ruimin from Qingdao Haier, Zhou Houjian from Qingdao Hisense, and Ni Runfeng from Sichuan Changhong may all become the first batch of capitalists in China's new century history.

"These are some questions that are difficult to answer positively. In a sense, it almost touches the institutional and moral bottom line that has been obscurely avoided in enterprise reform." Song Qing said to Fan Wubing, "Tao Jianxing's high profile has unexpectedly trapped Chunlan's reform in a very sensitive big debate. Some people regard Chunlan's reform as the highest breakthrough change among the large state-owned enterprises in China, and the whole of China is paying attention to this matter with a breath of attention."

Another opinion pointed out that Tao Jianxing took dozens of days to divide Chunlan.

Bei Media interviewed the deputy governor in charge of industry in Jiangsu Province. He answered very skillfully, and he personally expressed his support for this.

Officials from relevant central departments said that the country has not formulated corresponding policies that can do so.

Many economic observers commented that although there seems to be nothing wrong with Chunlan’s reform in economic theory, it affects the number of people and the amount of money that has never been seen before. Such quantification is really scary.

Fan Wubing nodded and understood the twists and turns in his heart.

In fact, if Chunlan was not so large and Tao Jianxing’s reputation was not so high, the result of the restructuring was just Jiliyu criticized millionaires, at most several millionaires. Then the problem is not a regret.

What shocked this time is that there are several billionaires in the Chunlan restructuring, which is the most unacceptable thing for Chinese people. After all, there are many millionaires in China now, but there are not many billionaires, especially when the managers of state-owned enterprises become billionaires overnight, many people will not be able to balance their minds.

Especially this change was transformed by state-owned enterprises, which is unacceptable to many people.

As Fan Wubing expected, the scary result was that Chunlan was reorganized and saw the light and died without success.

"In fact, when the news of Chunlan's restructuring was released to the world, its employee stock ownership plan had basically been completed. However, under the huge pressure of public opinion, the restructuring suddenly stopped and Chunlan's plan was submitted to the central government for discussion. There was almost no reason to reject it." Song Qing carefully glanced at Boss Zhu. Seeing that he had no objection, he said to Fan Wubing, "At the beginning of last year, Tao Jianxing was told that there were legal obstacles in this plan, which required more scientific, rigorous, and more reasonable argumentation and calculations, and required collective consultations between economists and jurists. By this year, this plan ended in failure."

Fan Wubing nodded, feeling a little sigh.

It is really hard to say about the current situation in China. In short, it is because of the sequelae caused by the unclear property rights in the early stage of the revision. Tao Jianxing, who thought he was a good match, was overconfident and sighed in vain.

The suspension of Chunlan's restructuring was a landmark event in the movement to clarify property rights. The restructuring plans of large enterprises that were very similar to that of large state-owned enterprises such as Haier, Changhong and Hisense were eventually put on hold one by one, and there was no chance to mention them again.

In fact, Fan Wubing is also very clear that for a long time in the future, the discussion on corporate property rights reform will become the most serious economic topic with differences in views among the Chinese public society and the political, business and academic circles. There are two important controversial focus: one is how to view the serious loss of state-owned and collective assets, and the other is how to view the redemption of state-owned or collective enterprises operators.

This debate about loss has vaguely begun in 1998 and will see a very hot debate within two or three years.

Fan Wubing has a deep understanding of this because he had read many books on this at that time, especially the one who remembered it deeply. It is the view represented by Hong Kong professor Lang Xianping that the withdrawal of the country and the progress of the people is actually a feast of sharing state-owned assets. During this period, the phenomenon of the scoop-holder sharing the big pot of rice appeared, and the reform strategy had serious negligence and distortion.

Professor Zhang Weiying from Peking University and Professor Zhang Wuchang from Hong Kong also disagree. They believe that despite all kinds of gray behaviors in the reform, the overall direction and positive effects of the reform are unquestionable.

Zhang Wuchang's view is more direct. He argued that it is impossible to have such a thing at all, but it always needs to be improved slowly. If you want to kill so many people, you cannot kill so many people. In the process of reform, some things are inevitable and need to be improved, but don't say that this country is not good because of such a thing. How can it be avoided? I bought this state-owned enterprise, and the means I took it may not be correct, but I turned a state-owned enterprise that lost money into a profitable enterprise, which is not a bad thing for the overall Chinese economy.

These are relatively polite statements, and there is also a more radical view than Professor Zhang that is the so-called popsicle theory.

Some experts believe that state-owned assets are like popsicles under the sun. If they are not eaten, they will completely melt and waste them. Such arguments are obviously difficult to discuss in the sun because in essence this is to find a justified evidence for those who privately divide state-owned assets.

"Actually, from my perspective, Chunlan's reform plan is relatively reasonable." Fan Wubing expressed his attitude cautiously, "For Chinese people, they often share hardships, not wealth and honor. Since they are saving Chunlan from a situation of heavy debt and bankruptcy, and have become one of the top home appliance leaders in China and a profit-making enterprise with an annual output of 100 million yuan, this contribution is quite large, and there is absolutely no reason to reform according to this plan. For the entire country, how much benefits a company can achieve, how much taxes it contributes, and how many jobs it solves are the most important. State-owned enterprises have clear property rights, but they do not see any benefits!"

After hearing this, Boss Zhu replied, "At least many people don't see this now, or they can't stand others eating meat and drink soup by themselves. If they can't even drink soup, they are not allowed to eat meat. As for whether the meat is from the pigs raised by others, it's not their consideration."
Chapter completed!