Officialdom: The beautiful leader took me to the top
Chapter 2661 The Secret History of Leaving Home
Li Zhihua was clearly not qualified to access these secrets back then, much less to undertake these missions. "Leaving the river?"
The person on the other end of the phone said, "That's right. The first listed company in Handong Province was created by Li Lihe."
"He was also the first person to start a private equity firm in the country."
"Furthermore, he has also collaborated with foreign universities on overseas talent recruitment programs."
"In short, this Li He was definitely a prominent figure in the history of Handong, and his strength was not much less than that of his sister Li Ying."
"It's just that Li Ying's reputation is too great, which overshadows his brilliance!"
Listening to the other party's introduction was like a grand curtain slowly being drawn back.
At that moment, Li Zhihua also felt the weight behind Song Ci!
The first former secretary of Handong Province, a runaway heiress from a wealthy family, and the vice president of the Handong Provincial Chamber of Commerce.
With all these resources combined, just how glorious was the time when I left home?
Li Zhihua could hardly believe it!
Even with all her current assets combined, she probably wouldn't be qualified to compete with Li He.
However, how could such a prominent family with such a strong financial foundation suddenly disappear?
How did the granddaughter of a former Party Secretary end up in such a desolate state?
Hiding their heads and tails, afraid to show themselves?
Clearly, something must have happened back then!
Seemingly anticipating Li Zhihua's question, the person on the other end of the phone continued, "Chairman Li, these things shouldn't have been secrets back then."
"However, those who know the secret dare not say much, and no one dares to talk about it publicly."
"Since you asked, I will answer to the best of my knowledge."
"Consider this information a gift from me, and I won't charge you any consultation fees."
"Li Ying and Li He, this brother and sister pair, can be said to complement each other perfectly."
"Li Ying mainly relied on social circles and resources. Back then, almost all the top connections and resources in Handong Province were within Li Ying's circle."
"At that time, Li Ying bought a Ferrari, which was also the first Ferrari in Handong."
"Taking advantage of the Ferrari opportunity, Li Ying started a car club called the Prosperous Flower Club."
"Just think about it, what kind of people could afford a Ferrari back then?"
"It's fair to say that everyone who could join this car club back then was one of the most elite second-generation rich kids in Handong, either extremely wealthy or powerful!"
"Later, the club gradually expanded to other provinces, and almost all the wealthy and powerful second-generation kids in the south were members of this club!"
"It was through this club that Li Ying built a network of connections, where a single move could have far-reaching consequences. This was the foundation upon which Li Ying built his business empire!"
"Of the old Party Secretary's former subordinates, half are now in the provincial Party committee, and the other half have become top executives in state-owned enterprises."
“These people have been taking good care of Li He out of respect for the old Party Secretary, but if we want to get through this difficult situation, we still need Li Ying to pull the strings.”
Li Zhihua subconsciously moved closer to her phone; she could even imagine how that young lady must have looked back then, strategizing and planning.
She's not a pampered pretty face, but someone who can outdrink men at drinking parties and negotiate deals by slamming her fist on the table in a meeting room.
This explains why Li Ying was so assertive at the Li family earlier.
The man on the other end of the phone started talking, "I'll tell you a rumor, just take it as a joke."
"Take the year 2000 for example. When Handong Heavy Industry was undergoing mixed ownership reform, the state-owned enterprises were holding firm on the equity ratio and refused to budge, saying that the private enterprises' share could not exceed 49%. They tried to reach an agreement with Hemo for three months but still couldn't get it done."
"Later, Li Ying directly organized a gathering, inviting the director of the Provincial State-owned Assets Supervision and Administration Commission who was in charge of industry, as well as his old subordinates who had worked with the old secretary to develop the development zone back then."
After a few rounds of drinks, no one mentioned the equity.
"Li Ying took out the old Party Secretary's development zone planning map from back then and said this."
"They say that my father carried out reforms under pressure back then because he wanted Handong to have its own leading enterprise."
"Now that the opportunity has come, why are you holding onto your shares?"
"If this matter fails, I, Li Ying, will be too ashamed to go home and face my father. After the banquet, I'll throw myself into the river!"
"And what happened? The paperwork was approved the very next day!"
"Of course, these are just rumors."
"In short, Li Ying is the big sister in our Handong circle. When she was at the height of her fame, I was still in kindergarten and didn't even have the qualifications to be among the top."
"It is precisely because of Li Ying that Handong has been able to maintain its top position in the southern circle!"
"Chairman Li, I'm just saying this; take it as a piece of folk history."
Li Zhihua then asked, "What about Lihe?"
The tone on the other end of the phone carried a hint of regret, "Li He is also a genius, especially in business."
"Back then, Handong Heavy Industry took off completely after the mixed-ownership reform, becoming the first private enterprise in China to be listed on the G Stock Exchange."
"Handong Heavy Industry's assets took off immediately, increasing dozens of times."
"At that time, more than half of the total industrial output value of Handong was contributed by Handong Heavy Industry!"
"At that time, the heavy industry's various products were exported to Southeast Asia, making it a benchmark for Handong's export earnings."
"Handong Heavy Industry contributed nearly 80% of the increase in the GDP of Handong Province that year."
"What's even more impressive is his overseas private equity business."
"At that time, financing for private enterprises was extremely difficult. He flew abroad to register a fund and raised money from Wall Street to invest in the port infrastructure in Handong. Even the old Party Secretary praised him for daring to be the first in the world!"
"Later, he collaborated with renowned universities abroad on talent recruitment programs and even brought the chip R&D team back to Handong University."
"Why has Handong been able to take the lead in the country in recent years? It's because of the roots left by the clutch technology from back then!"
"That was twenty years ago. To have such foresight back then, what else could it be but genius?"
"You could say that a large portion of the province's semiconductor industry today owes its existence to the foundation laid by Lihe back then!"
"By the way, Handong Heavy Industry is the predecessor of Hanergy Group."
"After the accident at Lihe, Handong Heavy Industry was reorganized by the National Development and Reform Commission, and today's Hanergy Group was established on the basis of Handong Heavy Industry."
"Many of Hanergy Group's current leaders even include his former associates who fought alongside Lihe to build the empire!"
Li Zhihua was even more surprised, "How could such a prominent figure have gotten into trouble?"
The man gave a bitter laugh, "It was this very drive that got him into this mess."
"During the 08 financial crisis, Handong Heavy Industry's cash flow was cut off. In order to save the company, Lihe used private equity funds to fill the hole of the listed company."
"They also used the old Party Secretary's connections to get a loan from the head of the banking department."
"Back then, this was called 'withdrawing capital,' but now it's a serious crime of misappropriation of funds!"
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