At this time, many township collectively-owned enterprises began to be reorganized into joint-stock companies.

The basic approach is to convert a certain percentage into shares and distribute them to operators on the basis of quantifying net assets.

Of course, all of these need to be signed.

Many people swarmed up, and of course there were many who were full of their own pockets.

This plan is considered to be a "complete solution", which not only guarantees the preservation and appreciation of the stock of state-owned assets, but also provides management benefits.

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