Rebirth in 1989: Creating the Chinese Technology Empire
Chapter 298: Looking down on state-owned enterprises: harsh conditions for investment
"Mr. Lu, our group is very interested in investing in Yituo. We also know a lot about Yituo. Let me tell you a condition. Mr. Lu, please consider it. I will invest one billion yuan to invest in Yituo, accounting for 40.00% of the shares. You two, I want management rights. After becoming a shareholder, YTO needs to carry out joint-stock reform and internal reforms. All employees and management need to be evaluated. Those whose abilities are not up to standard will be cleared out. In the future, YTO will not support idle people. Don’t resort to bureaucracy. Our team will manage the company, and we will not lose any of the dividends due to the state’s shares..."
In the reception room, Xu Huasheng stated his conditions.
One billion yuan to invest in the company, accounting for 40.00% of the shares, and also requires management rights.
After YTO accepts the shareholding, it needs to carry out demutualization reform and reorganize it from top to bottom to establish a more efficient, scientific and complete management system and talent selection system.
After YTO accepts the investment, it can give priority to the introduction of Huasheng Group's latest technology and the purchase of Huasheng Group's free products to create more competitive products.
For YTO, accepting Huasheng Group’s shareholding will definitely bring many benefits. After accepting Huasheng Group’s shareholding, YTO will grow rapidly and eventually become a global agricultural machinery giant.
But for some people, it may not be a good thing. Because after the joint-stock system reform, the leaders who used to be the bosses of various departments may be replaced, and some people who treat the company as a money bag are bound to lose their money bag. To put it bluntly, even Mr. Lu might be beaten off.
Although Yituo will still be a state-owned enterprise in name only by then, with state shares still accounting for the majority, Huasheng Group has management rights, which is equivalent to entrusting Huasheng Group to manage a state-owned enterprise, and Huasheng Group has the final say in everything it does in the future. If it wants back the management rights, Huasheng Group will withdraw its shares immediately.
The management of Huasheng Group is very strict. Even if you are not laid off, if you want to make money, it is almost like courting death. A lot of money that used to be approved with just one sentence, now you have to declare at various levels, and even your business trip reimbursements are strictly supervised, just like you have to follow a series of shackles.
This kind of management is completely different from the current management of Yituo.
"Mr. Lu, demutualization is definitely a good thing for YTO, but you also need to consider the changes that will occur after the restructuring. You can report them. If you accept the conditions of our Huasheng Group, we can naturally become a shareholder and use our technology to With funds and our management team, we are confident that we will build YTO into a world-class agricultural machinery giant and go public. If you are unwilling to accept these conditions, it is okay. Renyi is not involved in business, and we will just establish an agricultural machinery company by ourselves when the time comes. …”
After Xu Huasheng finished speaking about the conditions he should say, he looked at Mr. Lu. After listening to Xu Huasheng's words, Mr. Lu began to think deeply. The conditions offered by Xu Huasheng were not easy to deal with.
"Mr. Xu, I need to make a call and ask."
Mr. Lu said after thinking for a long time. Xu Huasheng nodded and directly provided Mr. Lu with his phone number. He knew that Mr. Lu couldn't make the decision, so he needed to ask for instructions from his superiors.
Entering the room, Mr. Lu started to make a phone call.
Xu Huasheng was not in a hurry and directly asked people to receive these technicians. It was now noon, and the people from Huasheng Group took these technicians directly to the canteen at the headquarters of Huasheng Group to have dinner.
In the canteen, looking at the dining treatment of Huasheng Group employees, these technicians swallowed their saliva one by one with envy in their eyes. The food treatment was much better than that of the leader Xiao Zao.
Look at the smiles on the faces of Huasheng Group employees. These people are even more curious about Huasheng Group.
"Mr. Xu, we have agreed to the conditions you mentioned, and the higher-ups have agreed to this matter. The higher-ups mean to treat us as a pilot..."
I don't know how long it took before Mr. Lu walked out of the room. After seeing Xu Huasheng again, Mr. Lu said seriously.
Regarding the conditions for Huasheng Group's investment, the company agreed. They were willing to use YTO as a pilot to see what changes Huasheng Group could bring to YTO.
Let’s see if the introduction of Huasheng Group can bring about qualitative changes in YTO. If it can really bring about qualitative changes, then many state-owned enterprises can serve as a reference in the future.
As for worrying about whether the Huasheng Group would swallow a tug, the senior executives who knew the Huasheng Group laughed. Just a tug of that little thing, and the money that Huasheng Group missed from its fingers would be worth more than a tug. They would I like you who spreads walnuts and dates.
Many senior executives also understand that if Yituo is not a state-owned enterprise, they will not invest in it at all. How can you see any giant who would like a small workshop?
"In this case, Mr. Lu, let's talk about specific things..."
Since the superiors agreed, Xu Huasheng said nothing more. Although he would suffer some losses, Xu Huasheng was still willing to do so.
In this world, you don’t have to earn or keep all the money yourself. There is endless money to be made. The reason why Huasheng Group is involved in so many industries now is not only because some things must be in its own hands, but also a big reason is that there are very few domestic companies that can make products for Huasheng Group. Matching.
For example, Huasheng Group's mobile phones. In the current mobile phone industry chain, chips, batteries, antennas and other things, there is no domestic manufacturer that can provide supporting products for Huasheng Group. There is no way that Huasheng Group can only establish its own company to provide itself. .
Another example is the automobile industry chain. It is difficult for domestic parts manufacturers to provide supporting products for Shanhai Automobile. Because the technology is too poor, the production capacity is also low. Domestic manufacturers cannot make most of the parts used in Shanhai cars, and they can’t even make a plastic casing.
However, parts imported from abroad are too expensive, so Shanhai Automobile can only lay out the entire industry chain on its own. In the future, the industrial chain built by Shanhai Automobile will not only support Shanhai Automobile, but also support other Chinese car companies, which will drive the rapid development of the entire Chinese automobile industry.
In the future, Huasheng Group will intervene in many industries, using its own technological advantages, its own management advantages, and its own financial advantages to drive the rapid development of many industries.
When it reaches a certain stage of development, Huasheng Group must shrink its industry.
Exit the shares that need to be withdrawn, sell the companies that need to be sold, slowly withdraw from low-end industries or low-profit industries, invest funds into higher-end industries, and become the leader of Chinese technology companies.
Now, Huasheng Group is like a wet nurse. Many domestic companies are just babies. The wet nurse from Huasheng Group can not only protect these babies, but also feed these babies, cook meals, and help these babies grow up.
When these babies grow into adults, the wet nurse can no longer tie the children to her body. At that time, it is time for the children to go out and strike out independently.
In the reception room, Xu Huasheng stated his conditions.
One billion yuan to invest in the company, accounting for 40.00% of the shares, and also requires management rights.
After YTO accepts the shareholding, it needs to carry out demutualization reform and reorganize it from top to bottom to establish a more efficient, scientific and complete management system and talent selection system.
After YTO accepts the investment, it can give priority to the introduction of Huasheng Group's latest technology and the purchase of Huasheng Group's free products to create more competitive products.
For YTO, accepting Huasheng Group’s shareholding will definitely bring many benefits. After accepting Huasheng Group’s shareholding, YTO will grow rapidly and eventually become a global agricultural machinery giant.
But for some people, it may not be a good thing. Because after the joint-stock system reform, the leaders who used to be the bosses of various departments may be replaced, and some people who treat the company as a money bag are bound to lose their money bag. To put it bluntly, even Mr. Lu might be beaten off.
Although Yituo will still be a state-owned enterprise in name only by then, with state shares still accounting for the majority, Huasheng Group has management rights, which is equivalent to entrusting Huasheng Group to manage a state-owned enterprise, and Huasheng Group has the final say in everything it does in the future. If it wants back the management rights, Huasheng Group will withdraw its shares immediately.
The management of Huasheng Group is very strict. Even if you are not laid off, if you want to make money, it is almost like courting death. A lot of money that used to be approved with just one sentence, now you have to declare at various levels, and even your business trip reimbursements are strictly supervised, just like you have to follow a series of shackles.
This kind of management is completely different from the current management of Yituo.
"Mr. Lu, demutualization is definitely a good thing for YTO, but you also need to consider the changes that will occur after the restructuring. You can report them. If you accept the conditions of our Huasheng Group, we can naturally become a shareholder and use our technology to With funds and our management team, we are confident that we will build YTO into a world-class agricultural machinery giant and go public. If you are unwilling to accept these conditions, it is okay. Renyi is not involved in business, and we will just establish an agricultural machinery company by ourselves when the time comes. …”
After Xu Huasheng finished speaking about the conditions he should say, he looked at Mr. Lu. After listening to Xu Huasheng's words, Mr. Lu began to think deeply. The conditions offered by Xu Huasheng were not easy to deal with.
"Mr. Xu, I need to make a call and ask."
Mr. Lu said after thinking for a long time. Xu Huasheng nodded and directly provided Mr. Lu with his phone number. He knew that Mr. Lu couldn't make the decision, so he needed to ask for instructions from his superiors.
Entering the room, Mr. Lu started to make a phone call.
Xu Huasheng was not in a hurry and directly asked people to receive these technicians. It was now noon, and the people from Huasheng Group took these technicians directly to the canteen at the headquarters of Huasheng Group to have dinner.
In the canteen, looking at the dining treatment of Huasheng Group employees, these technicians swallowed their saliva one by one with envy in their eyes. The food treatment was much better than that of the leader Xiao Zao.
Look at the smiles on the faces of Huasheng Group employees. These people are even more curious about Huasheng Group.
"Mr. Xu, we have agreed to the conditions you mentioned, and the higher-ups have agreed to this matter. The higher-ups mean to treat us as a pilot..."
I don't know how long it took before Mr. Lu walked out of the room. After seeing Xu Huasheng again, Mr. Lu said seriously.
Regarding the conditions for Huasheng Group's investment, the company agreed. They were willing to use YTO as a pilot to see what changes Huasheng Group could bring to YTO.
Let’s see if the introduction of Huasheng Group can bring about qualitative changes in YTO. If it can really bring about qualitative changes, then many state-owned enterprises can serve as a reference in the future.
As for worrying about whether the Huasheng Group would swallow a tug, the senior executives who knew the Huasheng Group laughed. Just a tug of that little thing, and the money that Huasheng Group missed from its fingers would be worth more than a tug. They would I like you who spreads walnuts and dates.
Many senior executives also understand that if Yituo is not a state-owned enterprise, they will not invest in it at all. How can you see any giant who would like a small workshop?
"In this case, Mr. Lu, let's talk about specific things..."
Since the superiors agreed, Xu Huasheng said nothing more. Although he would suffer some losses, Xu Huasheng was still willing to do so.
In this world, you don’t have to earn or keep all the money yourself. There is endless money to be made. The reason why Huasheng Group is involved in so many industries now is not only because some things must be in its own hands, but also a big reason is that there are very few domestic companies that can make products for Huasheng Group. Matching.
For example, Huasheng Group's mobile phones. In the current mobile phone industry chain, chips, batteries, antennas and other things, there is no domestic manufacturer that can provide supporting products for Huasheng Group. There is no way that Huasheng Group can only establish its own company to provide itself. .
Another example is the automobile industry chain. It is difficult for domestic parts manufacturers to provide supporting products for Shanhai Automobile. Because the technology is too poor, the production capacity is also low. Domestic manufacturers cannot make most of the parts used in Shanhai cars, and they can’t even make a plastic casing.
However, parts imported from abroad are too expensive, so Shanhai Automobile can only lay out the entire industry chain on its own. In the future, the industrial chain built by Shanhai Automobile will not only support Shanhai Automobile, but also support other Chinese car companies, which will drive the rapid development of the entire Chinese automobile industry.
In the future, Huasheng Group will intervene in many industries, using its own technological advantages, its own management advantages, and its own financial advantages to drive the rapid development of many industries.
When it reaches a certain stage of development, Huasheng Group must shrink its industry.
Exit the shares that need to be withdrawn, sell the companies that need to be sold, slowly withdraw from low-end industries or low-profit industries, invest funds into higher-end industries, and become the leader of Chinese technology companies.
Now, Huasheng Group is like a wet nurse. Many domestic companies are just babies. The wet nurse from Huasheng Group can not only protect these babies, but also feed these babies, cook meals, and help these babies grow up.
When these babies grow into adults, the wet nurse can no longer tie the children to her body. At that time, it is time for the children to go out and strike out independently.
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