z

The Vice Premier finally chatted with Fan Wubing for a while, but it was nothing more than some topics related to economic development. From it, he found that Fan Wubing's view was indeed high-level and far superior to others, so he couldn't help but look at him differently.

This was also the first time Fan Wubing had an interview with Vice Premier Zeng. Both of them were knowledgeable and knowledgeable people. When they chatted, they were full of fantasies. Fan Heng and Song Qing who were present could not keep up with their thinking.

Finally, Vice Premier Zeng said to Fan Heng, "Comrade Fan Heng, your son is indeed well-known and a rare talent. I heard a few friends talk about how great Mr. Fan of Fan's Investment Group was, and I was a little unbelievable. Today's words made me feel that they not only did not exaggerate, but also underestimated him."

When Fan Heng heard this, he was naturally very proud, but he still had to be modest. "The child is motivated at home, but he is a little reckless. Fortunately, he didn't make any big messes. As parents, we always keep our hearts in our throats."

"Your words are untrue-" Vice Premier Zeng pointed at Fan Heng and smiled.

In fact, Vice Premier Zeng brought more than a dozen Central Committee members to Shanghai this time, which was just a stop for all the itineraries. What they had to inspect were the operating conditions of state-owned enterprises in many provinces.

Currently, state-owned enterprises are facing three major difficulties. First, the losses remain high. The losses of state-owned enterprises have increased at a rate of 14% in several years, with an average annual loss of more than 50 billion yuan. Among all the loss-making enterprises, state-owned enterprises account for more than 70% of the total loss-making enterprises. Second, the use of enterprises' funds is inefficient, and the inventory products grow at a rate of 30% each year, exceeding the production growth rate by at least ten percentage points. Third, the comprehensive economic efficiency index of state-owned industries has decreased by 5.4%, and the profit and tax rates of funds and cost profit margins are lower than those of non-state-owned enterprises.

In July, the National Social Reform Commission announced that the pilot work of 100 modern enterprises, which began in 1994, would be postponed for one year, that is, from the end of this year to the end of next year. The public announcement of a major reform was the first time since the reform and opening up, and people have experienced the difficulties of pilot reforms.

Years of losses, inefficiency, difficult to sell products, and shortage of funds are the current situation of state-owned enterprises.

Since the Shenzhen subscription certificate incident in the summer of 1992, the decision-making team suddenly discovered that the stock market may be the best way to save state-owned enterprises. So Beijing established the China Securities Regulatory Commission and handed over the power of stock issuance to the central government from the two exchanges in Shanghai and Shenzhen. From then on, it implemented a listing mechanism that comprehensively supports the index quota system for state-owned enterprises, that is, the central government determines the listing quota, and then allocates it to various ministries and commissions according to the system, and allocates to provinces, cities, and autonomous regions according to the region. After each province, city, autonomous region and various departments obtain the listing indicators, it must be allocated according to its own system. Most of these indicators were allocated to state-owned enterprises in various places. Only a few famous township enterprises have luckily become the first batch of private listed companies due to the reform effect and symbolic needs, including Wanxiang Group in Luguanqiu, Zhejiang, Huaxi Village in Wu Renbao, Jiangsu, etc.

This institutional arrangement has made the Chinese stock market a deformed property from the beginning, lacking fairness, and the quality of listed companies is obviously poor. There are a large number of false statements. Due to the lack of necessary supervision, there are a large number of land rights and money transactions.

Regarding this issue, Fan Wubing said to Vice Premier Zeng. "Many observers and scholars have raised objections to this system of ownership as the premise of listing. It seems that state-owned enterprises always need others to support them. In the past, they were government finances, then banks, and now they are stock markets. The way to support them is to constantly send money to state-owned enterprises. Now they regard the stock market as a way to solve the difficulties of state-owned enterprises. Instead of using limited resources to flow to the most efficient enterprises and the most capable entrepreneurs to the financing channels. This idea of ​​developing the stock market for poverty alleviation is unhealthy. The guiding ideology of the government should be to ensure the protection of fair transactions and protect the interests of investors, rather than protect the special interests of a few people.

”

According to the regulations of the China Securities Regulatory Commission last year, listed companies must have a return on equity of more than 10% for three consecutive years before they can enjoy the allotment of shares. Therefore, a large number of companies have a daily yield of 10% on the lifeline of 10%.

A reporter once disclosed the fraudulent methods of several listed companies. One company first inflated the profits of more than 10 million yuan, and then paid income tax at 33% of the local tax rate. This achieved a net asset ratio of more than 10%. Another company sold its own products to itself to increase the yield rate. Another company lost more than 20 million yuan and divested a negative asset to the group company of the previous level for custody. Then injected another asset into the rate of return. The rate of return naturally increased by 10%. This financial game is played out day by day and has become an open secret.

Fan Wubing said to Vice Premier Zeng. "The stock market is not an ATM. It is not a few state-owned enterprises that keep drawing blood.

If this continues, not only will China's stock market be lost, but it will also be frustrated! State-owned enterprises should treat them the same as private enterprises, and those who should be eliminated must be eliminated. If this situation does not change, production enthusiasm will never be mobilized. Even if there is a blood transfusion in the stock market, it will only last for a while, and these investors will still suffer."

Vice Premier Zeng rubbed his forehead and said, "How easy is it!"

The blood transfusion of state-owned enterprises can be solved through stock listing. After all, the problem of a few large and medium-sized enterprises can only be solved. The number is large and the scope is wide. The number of small and medium-sized state-owned enterprises of 300,000 is still a mess.

The senior central officials have also thought of many ways to completely solve these problems, but it is really difficult to solve the problem. The main problem is that the country is currently short of funds and cannot do what it wants to do.

In fact, Fan Wubing wanted to say that many problems can be solved by private enterprises merged with state-owned enterprises, but when mentioned this at this time, it seems that he is a bit suspicious of plotting for state-owned assets.

After a while of talk, Fan Heng and others had to attend the next two days of activities, so Fan Wubing left alone. When he returned to the venue to pick up Li Yunheng, he found that she was bidding for a Chinese painting by the same Hong Kong merchant, but it was a work of the old years of landscape painting master Mr. Wu Qingzong. On a large picture, landscapes accounted for less than one-fifth, and the rest were his calligraphy, which looked very imposing.

Mr. Wu Qingzong's calligraphy and painting are both outstanding, especially his calligraphy in his later years, which is even more elegant. The focus can penetrate the back of the paper, and the flow of the painting is like flying in the sky. The starting price of this painting is 2 million. After Li Yunheng and several bidders raised the price, it has already been sold for 5 million.

When Fan Wubing came over, Li Yunheng was holding up the sign. Seeing her, she seemed very happy and shouted the bid price to RMB 5.5 million.

"Why did you bid with someone?" Fan Wubing sat down in surprise and asked Li Yunheng.

"The words on that painting are written very well. I want to buy them and copy them." Li Yunheng said to Fan Wubing.

Li Yunheng recently learned Chinese culture, but also practiced calligraphy. After seeing Mr. Wu Qingzong's calligraphy and painting, he felt that the size of the character was suitable for her to copy, so he had the idea of ​​taking a picture.

Fan Wubing took a look at the painting and made a judgment in his heart. He felt that he had already overestimated it now, so he said, "If you like it, I will copy it and take it back to copy it later. Why do you have to spend that in vain?"

Li Yunheng looked at Fan Wubing with some surprise, and then said, "This is a charity auction. All the donations must be donated to charity organizations. Why not participate?"

"Oh, your awareness is higher than mine!" Fan Wubing smiled, thinking that he didn't know where to spend money on such a charity. He was really a bit eager to rely on them to help the poor.

Regarding the use of funds, Fan Wubing always believes that it is best to take it into his own hands. If it were someone else, it is hard to say that they would not be moved when they see so much money. Once one or two powerful people have evil thoughts, the whereabouts of the money will be unknown.

After all, under the current system framework, it is still easy to get a sum of money away, and if you follow up afterward, you may not be able to find out the truth. Even if you find guilt, it will only be a sentence of more than a few years or ten years. I will wait for a few years to calm down and get a medical parole or something. With the money to support you, life will definitely be very comfortable.

But Li Yunheng was obviously a little happy. When she was in South Korea, she didn't have many opportunities to participate in the auction. This time, she frequently bid with the license plate left for Fan Wubing, which was a fulfillment of her wish for many years.

When Li Yunheng raised 8 million yuan, the bidders in the field finally stopped following up. It was estimated that everyone was depressed. So many bosses were actually repelled by a little girl under 18 years old. It was a big loss of face when it was passed.

However, when I saw this little girl sitting in the position of Fan's Investment Group, many people were speculating on her identity, but I thought that this was Li Yunheng, the little princess of Samsung Group. Many people thought that she was Fan Wubing's girlfriend, the descendant of the legendary Shen Wansan, and Shen Ying, the boss of the two-time Kongfu Banquet of CCTV.

Therefore, many people want to give it a try. How great is this little girl’s courage? How much can this painting be photographed?

Otherwise, as early as a few rounds, everyone would no longer have to have fantasies.

After all, this painting is still loved by many people.
Chapter completed!