Chapter 24: How big waves can it cause?

Of course, Fan Wubing's last trick is not only completed after Li Mingjiu faints.

The next series of actions by Longquan Company made major domestic media speechless and watched them stage a classic blockbuster that plundered state-owned assets both reasonably and legally.

First, through huge capital injections, the proportion of equity held by the Plain Factory was diluted, and then the composition of a single shareholder was changed, and multiple shareholders of similar size were separated on the board of directors. Then, the rights of Chen Manhua's controlling shareholder were deprived, and a mountain doctrine was formed within the board of directors, and there was a dispute over the future direction of the new company.

As for all resources under the company system, they have been re-divided. The tens of millions of land can only be left in the hands of the plain factory. What they exchanged is less than 500 acres of dividends per year from mineral water companies that they cannot see yet.

This alone made Li Mingjiu unable to escape the charge of selling huge amounts of state-owned assets, and what happened next made him even more desperate. The company's shareholders passed a resolution to invest huge amounts of money to develop land assets originally belonging to the Plain Factory, which is now under the name of Longquan Company.

"I have to invest huge amounts of money again?" Li Mingjiu was a little numb about this. After hearing the news reported by his subordinates, he just turned his dull eyes slightly.

"Preliminary estimates are about 100 million US dollars, and it is said that as the development process progresses, the number may be far more than 100 million US dollars. I really don't know what they want to do?" Li Mingjiu's secretary stood in his office to report.

Because Longquan Company suddenly made a dilution of equity, Li Mingjiu went to the capital to say that the plan was completely disrupted. His supporters in the department did not dare to risk the risk and stood at the forefront of the storm to support Li Mingjiu.

However, given Li Mingjiu's past filial piety, the other party still agreed to help Li Mingjiu get rid of some responsibilities as much as possible. After all, the noise caused this time is too big, and there are not people who can cover the sky with just one hand, but it is definitely not the people in the ministry who can do it.

Therefore, Li Mingjiu had to return to the rock with a frustration. He had to face a lot of things, especially because he didn't know what kind of ghost name Longquan Company would create next.

"I don't know what the hell is fascinated by it. I'm so embarrassed today. As long as there is a little problem with Longquan Company, my path will come to an end!" Li Mingjiu said to the secretary with some self-deprecatingness.

At this time, he probably understood that the shareholders of this Longquan company obviously had a big idea. He was just a pedal for others to step into domestic land resources, so the high-quality mineral water source is just a joke in others' eyes.

What kind of mineral water source is worth investing in nearly 200 million US dollars at once?! This is a huge joke! It is not a spring of youth, and what is flowing out is not pure natural milk. A mineral water factory can invest a lot at most with a few million yuan. I actually think that they are going to build a world-class mineral water company. It's so stupid and naive!

"Forget it, watch them mess around, I don't believe that they are not coming to China to make money?" Li Mingjiu also thought about it at this time. As long as Longquan Company can make a profit, his equity is still valuable. Holding shares in such a large-scale enterprise, even if it is a little less, the profit will be considerable, and the above cannot say anything, because this is just a purely commercial act after all.

But what should I do if Longquan Company really doesn’t plan to make a profit? Will Longquan Company not aim for profit? Li Mingjiu is really not sure.

For the same question, Fan Heng also asked his son Fan Wubing, "Does Longquan Company not plan to make a profit? Unless you are not profitable, you will not be able to cross Li Mingjiu's. But if you are not profitable, will the investment of hundreds of millions of dollars be wasted? Such investment behavior seems to be inconvincing to what you are talking about hollowing out state-owned assets, right?"

What Fan Heng said makes sense. No matter how hard it is, foreign capital comes in, it always needs to make a profit. If Fan Wubing does nothing, there should be no second one. Then this kind of case is not universal. If it is not universal, how can it explain the crisis that state-owned assets are facing now?

Fan Wubing said confidently, "I must be profitable, but Longquan Company can be completely unprofitable. This is the terrible thing about private capital. Even some large consortiums may adopt similar methods to erode state-owned assets. In the competition with foreign capital, the only thing to remember is to never lose control, otherwise everything will be empty talk! Li Mingjiu failed this time on this point, and in addition, their estimate of the value of land resources is too low!"

In fact, Fan Wubing went around like this mainly for the tens of acres of land in the plain factory. Obviously, during the early negotiations in the cooperation, Li Mingjiu did not expect Shen Manhua to get so much money in one go, and Li Mingjiu did not fight for controlling rights, so he also saved his own Xiaojiu.

If Pingyuan Factory becomes the controlling shareholder, then the responsibilities will be relatively more, and it will be more eye-catching when it needs to transfer interests in the future. Being a second shareholder is the best choice. However, he did not expect that Shen Manhua began to dilute his shares and marginalize himself while obtaining the controlling stake.

In the face of Shen Manhua's large capital, the Plain Factory really has no strength to fight against, and the only valuable land resources have been divided up by shareholders of all sizes through contracts.

After all, it was not that Li Mingjiu didn’t know that the land resources of the plain factory were valuable, but that he did not understand the scale of Shen Manhua’s capital and had other ideas, which was the most fatal thing.

The sea is full of rivers, tolerance is great, and the wall stands thousands of feet high, and no desires are strong. As long as a person has selfish desires, he is easily conspired by others. Li Mingjiu is obviously too keen on fame and fortune. If he can put the interests of the plain factory first, he will not make such irreparable mistakes.

"But I really don't know how to transfer so much money from you?" Fan Heng asked curiously.

Fan Heng can only describe his son as genius. Why do he think of everything that others can't imagine?

"Of course it will cost you, otherwise how can you transfer it?" Fan Wubing said with a smile.

Large-scale investments that have entered the country must be of serious concern. It is easy to invest, but it is troublesome to withdraw funds. Therefore, if you want to transfer the incoming funds back, the best way is to spend them through consumption channels, which is the safest.

But there is also a problem. Even if the 100 million US dollars invested in your own company, you will have to face tax problems. In the end, the funds that can be recovered will definitely be less than 100 million US dollars. How should I solve this problem?

When Fan Heng asked this question, Fan Wubing laughed, "You don't have to worry about this anymore. I've long thought of the right way."

Sure enough, after Longquan Company's reinvestment plan was announced, it caused an uproar in the media across the country. Everyone was speculating whether the investors of this company were kicked by a donkey in the head. A mineral water source is worth investing so much money? What should I do if I can't get it back and invest?

Later, everyone figured it out. It turned out that they were going to take root in Panshi and were preparing to develop the tens of thousands of acres of land. If you think about it this way, the investment of hundreds of millions of US dollars would be almost understandable. After all, it is quite expensive to do infrastructure, let alone the development area is so large.

Therefore, Longquan Company consumes cement and steel bars very much, and some infrastructure materials are also urgently needed to be purchased. However, a wave of construction has been set off in China, and building materials in various places are in a tight position. Where can we find so many materials for a while?

However, the major shareholders of Longquan Company were very enthusiastic about construction at this time. At their unanimous request, Longquan Company began to look for large-scale building materials providers that can be cooperated with across the country. Finally, they finally found two transferable companies. These two companies were nothing else, but were the two tricks that Fan Wubing set up in Liushi and Hengdian. At that time, he asked the companies in Liushi and Hengdian to hoard raw materials at any cost, which was very useful today.

Longquan Company fully demonstrated its wealth and ordered 200 million US dollars of various building materials in one go, and agreed to spot transactions, and the money was paid. However, when various building materials were shipped and the payment was paid, a problem occurred.

Longquan Company has only more than 100 million US dollars on the books, so it is impossible to afford the building materials expenses. There is still a gap of about 40 to 50 million US dollars that cannot be filled, but the things have been brought back, so it is naturally impossible to return them. Moreover, there is a contract there, so it is impossible to lose them.

More importantly, both the two companies in Liushi and Hengdian were established by Fan Wubing through his merger of foreign companies. They have both foreign investment concepts and private enterprises. In this way, they are not afraid that Longquan Company will be stolen.

And the most serious point is that Shen Manhua and other important shareholders of Longquan Company went abroad in the name of purchasing equipment. Everyone was not clear about their background, and now they simply couldn't even see people.

It should be said that the building materials sold by the two companies in Liushi and Hengdian to Longquan Company are not very expensive, they are just following the market. However, compared with the price increase, the prices of these building materials have increased by more than three times, and the two companies in Liushi and Hengdian have made a big profit.

But if you make money, you should try to recover the debts that are not allowed outside. You can’t just say that the contract is a piece of waste paper just because the other party has no money! So the two companies sued Longquan Company together and demanded that Longquan Company repay the debt!

The court also felt a headache. This kind of thing involves so much money and is already at the international level. It was supposed to delay the situation, but the media has been hyped up in this regard, and everyone is looking forward to the results. You can't do anything in the court, right?

The final judgment was made, but the result was very fair. Longquan Company compensated the two companies in accordance with the law. The company's fixed assets were used to pay off the debts for the insufficient funds. However, the shell of Longquan Company was built and the formal office building was not built, so everyone's eyes were on the 10,000 acres of land.

Li Mingjiu, the only shareholder representative of Longquan Company in China, expressed strong opposition to this, but in the face of the law, the opposition is too weak. In China, which is accelerating the reform efforts, it is impossible to destroy his image just because of the right to use 10,000 acres of land.

This loss can at most be considered an indispensable tuition fee in the reform process, but for Li Mingjiu, it is not that simple. After some tabloids revealed the original cooperation agreement between Pingyuan Factory and Longquan Company, even if Li Mingjiu's political life is over, what awaits him is internal review, and he may choose whether to hand it over to the judicial department for processing.

Amid the verbal criticism, Li Ming, who sold his state-owned assets, died of 900 deaths and left in disgrace.

"If things have been done like this, how should we deal with the aftermath?" Fan Heng asked his son for advice with some headache.

Although Fan Heng himself had already taken it from this incident, no matter what, the incident always happened to the rock, and this incident had a relatively large negative impact on the rock. As long as everyone mentioned the Longquan Company incident, they would always think of this is a rock company.

A fabulous capital operation ended with the plain factory losing all the land reserves, bringing people an indescribable sense of fear. It turns out that behind the real money and silver, there may be a knife that kills people without blood.

Due to the occurrence of this incident, the above has also carefully studied this issue. Although no more certain evidence was found in it, whether it is the company in Liushi or Hengdian, these two companies are the final profit parties. So who is the boss behind them? The Security Department is naturally clear, and Minister Jiang Lue has some headaches.

It can be seen that these are all tricks created by Fan Wubing, but they are a bit inconsistent with his past personality! Although Fan Wubing has also done many profit-making projects in China, they are all created with dignity. It relies on the precise grasp of the market and his own advantages in funds, and has no illegal or criminal behavior.

Even in this Longquan Company incident, there is no evidence that the shareholders of Longquan Company have a problem of transferring interests with the plain factory represented by Li Mingjiu, and they have not found any bribery and bribery. It is difficult to deal with.

After reporting the suspicious points in this incident to the above, Chief No. 1 clearly instructed that local affairs should be fully relied on local leaders to deal with, and the above should not be too much or too dead, as this is not in line with the general direction of economic development.

What does this mean? After fully understanding the instructions of Chief No. 1, several important leaders in the province suddenly realized it. It seemed that this matter had to fall on the Panshi Municipal Government and Fan Heng.

Therefore, several important leaders from the province came to Panshi for inspection and fully affirmed the successful experience of Panshi Glass Factory and Meat Food Processing Factory. They highly appreciated Panshi City's overall ideas in economic construction, and clearly stated that the Panshi Municipal Government should properly care about the situation of large and medium-sized state-owned enterprises in its jurisdiction while working hard to improve economic conditions.

"It's not that we don't care, but they are really at a high level. Even if they are at the same level or slightly lower than us, no one is willing to listen to the opinions of our local governments. After all, state-owned enterprises basically have corresponding ministries and commissions, so we still have the right to inquire about some local enterprises." Fan Heng was a little amused and cryed by the request of the provincial leaders.

What's this all? When the main hall is in charge of the main hall, who listens to whom? Not to mention that state-owned enterprises like Pingyuan Factory are basically directly under the department. How can the mayor of a prefecture-level city be involved? At most, it is just to accompany the leaders to inspect and go to the factory to sway. Why are these leaders confused today?

However, Secretary Niu Manzhuang of the Provincial Party Committee was a little dissatisfied with Fan Heng's answer. He held Fan Heng's hand and said earnestly, "Reform means we should take a path that our predecessors have not taken. Comrade Xiaoping also said, "Just touch the stones and cross the river! The water is deep and shallow, how can we know if we don't try it? Don't have any concerns about this matter. The Pingyuan Factory has done a big thing this time, and the impact is very bad. The mistake is that it is rushing to achieve success and introducing foreign capital at all costs, but in the end it is completely defeated! You put forward an objection at that time, but for various reasons, things still develop in the direction we don't want to see! But, don't have any knots in your thoughts. After all, the Pingyuan Factory is also your old base, and there are still many of your old colleagues and comrades in the past! Now the Pingyuan Factory is in trouble. As a local leader, you still have the responsibility to lead them out of the quagmire!"

"Secretary Niu, Pingyuan Factory is a military-industrial enterprise--" Fan Heng reminded.

Military-industrial enterprises are more difficult to deal with than ordinary state-owned enterprises. You can’t let local governments underwrite the torpedo, right? Even if they can underwrite the goods, someone has to buy them! Even if someone is willing to buy them, Americans are still staring at them. If you do something here, someone will immediately accuse China of selling arms in the United Nations!

Niu Manzhuang glanced at Fan Heng and thought to himself, do you think I don’t know about this? But he still explained patiently, “We have to deal with the problem of the plain factory now. The military product workshop is independent, and the remaining civil product workshops are completely decoupled from the military product workshops. The ownership of the Panshi Municipal Government is managed. This is one of our purposes this time. Comrade Fan Heng, you have to do it well!”

After hearing Niu Manzhuang's words, Fan Heng was shocked. No matter what, he did not expect that the plain factory would be divided into two. In other words, even if other employees except less than one thousand people in the military products workshop were told to him, it would be a big burden for more than four thousand people!

Relying on the help of his son Fan Wubing, he solved the problem of the glass factory. He also reversed the city's embarrassing fiscal revenue through land transfer and the income from the meat food processing factory. As a result, he was suppressed by such a big burden. What is this matter? Is it a reward or a punishment?

Fan Wubing looked at Niu Manzhuang and saw Secretary Niu with a righteous expression. He knew that this matter had fallen on his head no matter what. He couldn't help but secretly complained to his son Fan Wubing, saying that this is really a son who shitted his butt.

"Okay, it's not impossible to solve this problem in our city, but there should always be some policies? I also hope that the province can cooperate with it in terms of operation methods. Otherwise, it will be difficult for a large factory with four or five thousand people to be solved by our Panshi Municipal Government alone, and it will be difficult to estimate any emergencies. Such a great responsibility suddenly suppressed, and I am worried that my comrades will have resistance." Fan Heng also directly raised his own difficulties.

Niu Manzhuang frowned, thinking that Fan Heng was really straightforward to speak, and he immediately asked for this and that. However, after thinking about it, he suddenly threw the big burden of four or five thousand people to the local area, and the superiors ignored it all at once. It was indeed a very unmoral thing. Especially when the plain factory was in such a tragic situation, it was caused by disobeying Fan Heng's opinion and insisting on doing it alone. It was indeed difficult to say that all the burden was thrown to Fan Heng at this time.
Chapter completed!