Rebirth of the Wild Age
~: Two【Confused tragedy】
In a certain era, the boundary between private company bosses and state-owned company bosses was very blurred.
From the eyes of ordinary people, Song Shumin is a big boss and the well-known richest man in Rongping City. In the eyes of the leaders, Song Shumin is just the factory director of many state-owned enterprises, and everything in the factory belongs to state-owned assets.
No one is right or wrong, this is a foolish account.
Let’s take a look at Song Shumin’s resume. He has entered the palace for the second time this time—
Song Shumin was originally an educated youth who went to the countryside in Shenghai City. Because he married a girl in the village and had children, he did not choose to return to his place of origin. He stayed in the town and worked as a grassroots civil servant. Then he set up a brewery and gradually developed into a small winery.
In 1982, in the spring of reforms, the "slow spring cold" appeared, and the provincial "attack speculation work group" stationed in the city.
At that time, the whole country was catching the "speculative" model. The working group was worried about who to catch, and suddenly saw Song's house from a distance on the suburban highway. It was a small three-story western-style building with white tiles on the exterior wall. It was placed in the early 1980s and was like a luxury villa.
So the comrades of the working group said: "You must be a capitalist if you can live in such a good house."
Sure enough, the winemaking workshop opened by Song Shumin illegally occupied the bottles that were supposed to be supplied to the state-run winery, and illegally purchased grain from the city’s grain station for winemaking. Although those wine bottles and food were paid at high prices, it was indeed illegal in the early 1980s.
Furthermore, the number of employees in the brewery has reached 12. According to the boundaries of the "Das Kapital", more than 8 employees are capitalists, and there is a phenomenon of "possession of workers' surplus value".
Song Shumin was sentenced to 15 years in prison for illegally occupying state-owned assets and taking the capitalist line.
Fortunately, after only half a year in prison, the central policy suddenly loosened and Song Shumin was released early.
In view of this lesson, Song Shumin dare not live in a small country house anymore, let alone expose his wealth. In order to operate legally, he had to link his winery to the town government, and his nature changed from a private workshop to a communal enterprise (ie, a township and village enterprise).
The tragedy of the Song family also laid the groundwork. Although the winery was founded by its own family, it belongs to collective ownership due to the affiliation, and there is no clear division of equity at all. This is a special historical product of the 1980s.
The well-known Kelon and Jianlibao are both like this. Unidentified equity brings endless troubles. In the end, Kelon’s boss was forced to resign, while Jianlibao declined during the wrangling.
As the central government accelerates the pace of reform, the Song family’s winery is in full swing. Especially in the late 1980s, due to the failure of price barriers and the national financial recession, the central government ordered "no famous wines to be served." The liquor produced by the Song family took the opportunity to expand the market and received the support of the municipal government to become the liquor for the entertainment of local grassroots units.
Taking the opportunity of the state-owned winery to fall into a triangle debt, Song Shumin ran around and finally merged the city's largest state-owned winery.
The Song family not only merged the state-owned winery, but also merged the hardware factory and plastic factory in the city.
Don’t think this is a good thing, the merged hardware factory and plastic factory are all suffering heavy losses. Because it is located in the remote Southwest, no one wants to sell it, and the factory land has no development value. Song Shumin needs to take money from the winery to fill the holes every year.
At that time, the whole country was doing this. The local government was troubled by the mess of state-owned enterprises. When a star company was caught, it would package it as a gift, or conduct a joint venture or a direct merger. Because it is a township and village enterprise that merges with a state-owned enterprise, it is a collective nature. There is a factory x secretary as the housekeeper. Song Shumin does not even have the qualifications to expel a worker.
Song Shumin tried his best to finally gain more power. After vacating the factory x secretary, he successfully turned the two state-owned enterprises back into profit.
The city government was so happy that it threw a few other loss-making state-owned enterprises to Song Shumin for management, and even wanted to build a large local group with an exemplary role.
In order to obtain the full support of the municipal government, Song Shumin had to accept all orders and bite the bullet to catch the loss-making state-owned enterprises.
In fact, the loss of state-owned enterprises is not a big deal, and the involvement of the secretary of the factory x is nothing. The most terrifying thing is that the company’s equity is not clear.
Although Song Shumin is in charge of many companies and has hundreds of millions of assets, he is just a big housekeeper, and he does not own a penny even if he runs the winery from scratch.
A few years ago, “quantitative reforms” were popular along the coast and began to implement equity distribution, and many township and village entrepreneurs became real rich men as a result. Song Shumin also wanted to learn to play this way, but Rongping City was remote, and officials had very rigid thinking, and they simply did not agree to the so-called "quantitative reform."
Immediately afterwards, Song Shumin consulted an economist and wanted to complete the equity reform through MBO, but the city government stopped it midway.
Song Shumin finally chose to take the risk. He first went to Singapore under the pretext of earning foreign exchange, quietly registered a company and transferred assets. Then, in the name of a Singapore company, it acquired a Hong Kong company that was on the verge of bankruptcy, and then let people engage in joint ventures under the banner of Hong Kong businessmen to realize management's share ownership.
Everything went very smoothly, and the city government was overjoyed at the Hong Kong capital falling from the sky.
Who knows the uneven distribution of the spoils, someone in the management felt that they had taken less, and sent a report letter directly to the province, and Song Shumin was quickly "controlled".
Song Shumin’s actual charge was “appropriating state-owned assets”, but he had his own unique style in the 1990s. In order to avoid discouraging entrepreneurs’ enthusiasm for reform, such cases are generally arbitrarily convicted of bribery, corruption, etc., without mentioning the real crimes, and such cases have emerged one after another.
Song Shumin was actually too impatient. He was still young. As long as he worked hard for a few years, state-owned enterprises would begin to restructure on a large scale. At that time, he will not be required to operate illegally. In order to reform their political performance, local officials will inevitably change the law and actively send him shares. Around 2000, a large number of wealthy people in China made their fortunes like this.
Now, Song Shumin has become a prisoner. The winery he ran has also changed its director, and he has no relationship with the Song family.
...
In Song Weiyang’s memory, since his father went to jail, the winery quickly fell into trouble. Under the leadership of the new factory director, cronyism, rigid management, weak marketing, corruption... a series of problems emerged one after another, gradually losing market competitiveness, and finally was merged by a winery in the provincial capital in 1998.
As for our protagonist Song Weiyang, from a rich second generation to a troubled son, the family still owes more than three million yuan in debt, which does not include bank loans that cannot be repaid.
Yes, debt.
Song Shumin made two-handed preparations and handed over a cannery that was on the verge of bankruptcy to his elder son. Due to the bad situation of the cannery, the local government didn't care. The Song family easily obtained full shares of the factory and quickly turned losses into profits with the help of Song Shumin.
According to Song Shumin's vision, even if he goes to prison for a crime, his family can live well with the cannery.
But with the rise of health care products and the increase in various beverages, as well as the anti-dumping of Chinese canned food by European and American countries, the once-popular canned fruit market has rapidly declined.
Now the warehouse of the cannery is full of backlogs, and the dealers are also clamoring for refunds. In addition, the fruit growers’ payments, workers’ wages, and cooperative enterprises’ payments are still owed. In his previous life, Brother Song was caused by the cannery’s debt disputes. Died accidentally.
This is indeed a tragedy.
The winery that owned Rijin Doujin was confiscated. On the contrary, the equity of the cannery with serious losses was clear, and they had to find a way to repay these debts.