Steel Tycoon Reborn

Chapter 152: Equity restructuring

Shen Huai didn't tell Chen Dan and Xiao Li that he met Kou Xuan as a "princess" in Emperor International. He could feel that Kou Xuan was a girl with strong self-esteem, maybe her self-esteem was too strong. She could see the shadow of the previous "Shen Huai" from her body. If she really wanted to lend a helping hand to pull her forcibly, she would instead have her twist her **** to the other side to speed up and slide down...

Next, at the party and government meeting in mid-April, Shen Huai made an internal briefing to the town on the equity restructuring plan of Meixi Iron and Steel Plant and the development plan of this year's steel plant.

In addition to Wang Kangsheng, Qian Wenhui, Xu Xiting, Zhao Dong and other representatives of the steel mill, there were only thirteen party committee members in the town meeting.

At the meeting, Shen Huai clearly stated that the steel mill's goal this year is 400 million output value and 40 million profit.

"To achieve this goal, the steel mill's output of steel this year will reach 150,000 tons. At present, the steel mill has begun to prepare for the pre-technological preparations, and is also in contact with equipment manufacturers, but if we want to achieve this goal this year," Shen Huai He also had someone prepare a writing board at the zhèngfǔ meeting, so that he could draw some data and trends intuitively. He stood in front of the writing board and pointed to the data written out in the columns, "The steel mill will be in before the middle of the year. , raised 30 million development funds for equipment renovation and expansion of power supply. At present, the steel mill's own profits and depreciation funds are accumulated, and about half of them can be completed before the middle of the year, then there are 15 million. The funding gap…”

"Since steel mills have a high debt ratio, it may not be large to make additional loans to banks in the short term; a feasible way is to raise funds. There are also many ways to raise funds: borrow money to pay interest, collect security deposits from workers, etc. Many companies also These methods are used to raise funds, some are doing well, some are doing poorly. I think we need to make changes. I plan to take the opportunity of equity restructuring to raise equity funds,” Shen Huai said, “The reason is very simple, just Just like the establishment of Ziluo Home Textiles Co., Ltd., the audited net assets of Meixi Iron and Steel Plant are currently 50 million yuan. This is the collective property of Meixi Town. All equity fundraising funds are allocated with real money and real silver. Shares. According to the relevant regulations, in addition to the shares held by the Assets Office on behalf of Meixi Town, the restructured joint-stock company can have up to 200 shareholders. This time I plan to expand the shareholding and raise funds in three aspects: first, to make The management of the steel mill maintains a stake in the interests of the steel mill, so that the management can have the motivation to develop the company, instead of just trying to pry the company's walls. This time I plan to raise no more than 10% of the stock from the management of the steel mill; Second, attracting investment is the top priority in the current work. I plan to introduce foreign capital to hold no more than 10% of the shares. Third, the steel plant belongs to the collective property of Meixi Town, and it is the responsibility of everyone here to protect the rights and interests of the steel plant. Obligations and responsibilities, this time I plan to raise no more than 5% of the funds from the town staff..."

In the town, only Guo Quan assisted Shen Huai in the work of the Assets Office, and knew the operation of the Meixi Iron and Steel Plant very well. He Qingshe, Li Feng, Huang Xinliang and others knew that the Meixi Iron and Steel Plant was on the rise and revitalized under Shen Huai's rectification, but they didn't know enough about it.

With an output value of 400 million yuan a year and a profit of 40 million yuan, plus the national and local taxes that should be paid, the total profit and tax will exceed 60 million yuan—a figure that He Qingshe, Li Feng, Huang Xinliang and the others did not dare to imagine before.

Although they dared not imagine this data before, but when Shen Huai proposed it as a goal, they didn't think it was too exaggerated.

The steel mill has now made a profit of more than 2 million for five consecutive months. Even if nothing is done, the profit will exceed 20 million this year. It is not an impossible miracle to be able to complete equity financing, carry out equipment transformation, power expansion, and further increase production capacity before the middle of the year, and achieve the goal of an annual output value of 400 million and a profit of 40 million.

Maybe this is a miracle, but in their opinion, Shen Huai has a pair of hands that create miracles. Otherwise, why is there such a big difference between Du Jian and Shen Huai before and after the Meixi Iron and Steel Plant?

Of course, the shareholding restructuring plan proposed by Shen Huai is to solve a series of problems such as management's shareholding and the introduction of foreign shareholders at one time, which is equivalent to making Meixi Iron and Steel Factory make a complete change in the management structure. He Qingshe, Li Feng and others should not have supported it, but Shen Huai also expanded the target of the fundraising to the inside of the town, so they had to consider what benefits it would bring to them.

He Qingshe, Huang Xinliang, and Li Feng are more concerned about the development of the domestic steel industry.

Obviously, domestic steel has been in short supply for a long time. In 1993, the proportion of imported steel from overseas was close to 20%, which consumed a lot of foreign exchange.

The reason why Meixi Iron and Steel Plant was struggling in the past was not that the market was not good, but in the end, some people were too greedy, and their management and technical level could not keep up. Measured by the profit level of domestic first-class steel enterprises such as Baosteel, Meixi Iron and Steel Plant can achieve an output value of 400 million yuan, and a profit of 40 million yuan is not an exaggeration.

Even after the equity restructuring, the net assets of the steel mill increase to 80 million, and the profit of 40 million means a 50% asset appreciation rate. In other words, if you invest 20,000 yuan in a steel mill, you can increase the value to 30,000 yuan a year; if the situation does not change or even better next year, it can increase to more than 45,000 yuan.

Investment opportunities that have more than doubled in two years and make a clean profit are in front of everyone. This temptation is still quite big. For He Qingshe, if he borrowed 100,000 or 200,000 yuan from relatives and friends to invest in the steel mill, it doesn't matter if he is inappropriate as the mayor.

"This is the equity restructuring plan that the Assets Office has made this month. We will not vote on a show of hands. If we agree, we will sign our own name..." Shen Huai handed a stack of plans to He Qingshe first.

He Qingshe took over the proposal, and Shen Huai explained that it took nearly two hours for the proposal, and he didn't need to open it again to read it carefully. He glanced at Guo Quan and thought: You guy, Tie Xin left with Shen Huai. It's been a month since he started doing this, and he didn't leak a bit.

He Qingshe thought that he should be angry, but he really couldn't get angry. Knowing that Shen Huai or Guo Quan had vented with him in advance, he would probably try to persuade Shen Huai to give up this plan.

Ziluojiasha is better to say something. After all, the scale is small, and the town has only invested 4 million in assets, mainly the land and the factory. Meixi Iron and Steel Plant is a key scale enterprise that the city is focusing on, and the shareholding restructuring must be approved by the city. Another, letting the management hold shares is equivalent to letting the management be the boss of the factory and the capitalist. If this is spread out, how much gossip and slander will be provoked in the society these days?

Thinking about it again, the earth-shaking changes in Meixi Town and Meixi Iron and Steel Plant in the past six months are inseparable from Shen Huai's fierce and daring dash.

There are always factors for the emergence of miracles. Without Shen Huai's drastic rectification of the steel mill, how could the steel mill have taken off so fast and so high in half a year?

He Qingshe thought that even if he didn't have Shen Huai's vision and ability, he should have the courage to follow and support. Thinking of this, He Qingshe took out a fountain pen from his pocket, signed his name on the back of several proposals, and handed it to Li Feng, who was sitting on Shen Huai's left.

Li Feng also knew that when he signed, what principle was raised, and the responsibility would be shouldered by everyone present. After hesitating for a while, he signed.

Seeing that the members of the party committee, Wang Kangsheng, Qian Wenhui, Xu Xiting and others signed the plan one by one, Shen Huai said to He Qingshe: "The shareholding reform is mainly responsible for Qian Wenhui and Guo Quan. If it goes well, the steel mill's The expansion can be completed before August. After that, the Jianggang Wharf project will be launched. It will only take us less than four months to do the preliminary work. At the steel mill, Zhao Dong will be in charge of this project. Isn't it up to you to watch?"

In the end, Hetang Town could not refuse Shen Huai’s offer. After discussions within Hetang Town, they agreed to assign the two villages of Li She and Caijiaqiao to Meixi Town, so that Meixi Town could have riverside resources and facilitate the construction of a steel factory in Li She Village. For Jianggang Wharf, the condition is that Meixi Iron and Steel Plant builds a high-grade highway on the new boundary between the two towns, so that the two towns can plan industrial parks on both sides of the highway at the same time.

Whether it is the adjustment of the administrative areas of the two towns, the Jianggang Wharf project, or the planning of a large-scale industrial park, it is not a matter of private transactions between the two towns.

All of these things need to be discussed and approved by the district standing committee meeting and then reported to the city for approval, and a series of formalities can be completed without being so simple. In addition, the design institute was asked to complete the survey, design and application for review of the wharf project, and the four-month preparation time was really tight.

Shen Huai had communicated with Yuan Hongjun that the adjustment of the administrative area was dominated by Hetang Town, and an application was made to the district. Yuan Hongjun will go to the district today to find Yang Yuquan and Pan Shihua to report the matter, and first test the meaning of the district.

Of course, to really enter the cāo period, either Shen Huai or He Qingshe must have someone watching this matter. Shen Huai didn't want to have any spare time, and wanted He Qingshe to catch this matter.

He Qingshe nodded and took over the matter, thinking: Shen Huai's pace is really big, the steel plant's equipment renovation and power expansion will require an investment of 30 million yuan. If the Jianggang Wharf starts construction this year, then Adding a two-kilometer-long highway and taking another 30 million yuan out, I'm afraid it won't be enough.

But these are fortunately, the main body is the Meixi Iron and Steel Plant, the reconstruction and widening of the Meixi Bridge and the Xiamei Highway, this will be the main town.

He Qingshe thought to himself, at the speed of Shen Huai, he would promote the reconstruction of the Meixi Bridge as soon as the steel mill's equity restructuring was over, but how to fill the gap of 20-30 million funds for the road and bridge project?

After everyone signed it, the proposal was handed back to Shen Huai again. He glanced at it and said, "After the proposal has been submitted in the past two days, I hope you don't talk too much about it. …”

He Qingshe understands Shen Huai's concerns. After all, this restructuring has taken too big a step, and naturally it also contains great policy risks. Once it arouses widespread concern and controversy in the society, even Tan Qiping may not be able to withstand the pressure.

If you don’t want this restructuring to be stillborn, the best way is to bury your head in your work and avoid unnecessary controversy.

Shen Huai threw the proposal that everyone formed a resolution to Guo Quan~lightnovelpub.net~ and announced the end of the meeting.

Restructuring materials have to be further prepared, and the management's shareholding ratio this time must reach 10%. But where do Jiang Kangsheng, Qian Wenhui, Xu Xiting and others have millions of funds to hold equity? This also needs to negotiate with Yexin Bank, requiring Yexin Bank to agree to provide equity mortgage loans.

After all these tasks have been prepared, Shen Huai will report to the relevant district and city departments at the right time, and simply complete the restructuring neatly, so as to avoid major disputes.

After the meeting, Shen Huai asked Zhao Dong to come to the office and asked him, "Xu Xiting and Wang Kangsheng are only willing to hold 5/1,000 of the equity; I hope you will take over the extra share of the two of them. Is there any pressure?"

"Don't be afraid of biting if there are too many lice. Others are millionaires, and I can be considered as a 'negative'," Zhao Dong pulled a chair and sat down in front of Shen Huai, "You really don't plan to hold on to it. stock?"

"I told you this. In China, there is no such thing as being an official and making a fortune. Only if I don't take advantage of the benefits can I be confident and push the reform forward. If I am too selfish, my confidence will be lost. It's not hard enough." Shen Huai said.

"Looking at what Mayor He and Secretary Li mean, it is estimated that they will also invest money in." Zhao Dong said.

"Their edge is not as fierce as I am, so they are not hated by others. One more step, Lao He and Lao Li are both in their forties. Now we advocate the younger generation of cadres, and if they rise further, they will also be in the districts and counties. The deputies stopped, and they put money into the steel mill. At this time, they supported the development of the steel mill. In the future, they will use this equity as a pension, and they are not afraid of others making irresponsible remarks. The big deal is that this official is inappropriate, and there is no pity," Shen Huai laughed at himself, "I can't do it, I am addicted to officialdom."

"..." Zhao Dong followed with a smile.