Chapter 765 Water and Electricity
Lu Hui hesitated for a moment.
“First, abolish the down products business that has been in name only, and lease out the factory in Pinggu.
Second, move the company headquarters from Beijing to Xinjiang Province, Tianyi Industrial, Tunhe The factories and production areas of polyester and three-dimensional cotton spinning are all here.
Moving the headquarters to Xinjiang Province will facilitate the management of its assets, and it will also be closer to the origin of raw materials, and it can even enter the cotton spinning market in Central Asia.
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Third, rectify Zhongyan’s management system, streamline personnel, cut off a series of unnecessary expenses, strengthen employee vocational and technical training, and build a performance-based career promotion system.
Fourth, all production operations of Hilltech, Zhongyan’s European subsidiary, will be abolished and only R&D and channels will be retained.
Reduce production costs as much as possible and increase company profits.
Fifth, continue to acquire cotton and linen companies in Europe and the United States to gain access to their markets and technologies.
Expand Zhongyan’s share of the global cotton and linen market. ”
"Not bad." Xu Liang continued with a smile, "Why not just sell the factory in Pinggu, so that you can get a lot of operating funds?"
But due to lack of funds, it stalled for a time.
According to his plan, he will take over Zhongyan, strip off the debts, and then reorganize it. When the value of Zhongyan is reflected, he will sell it in two or three years.
Although Shancheng Industrial was not a wealthy man at that time, he was still a silly son of a landlord and had no worries about food and drink.
According to Delong’s past integration strategy.
"Okay."
Shancheng Industrial has also become a subsidiary of Delong, the sixth and last listed company after Tunhe Group, Alloy Co., Ltd., Xianghuo Torch, Tianshan Co., Ltd. and Zhongyan.
Delong Real Estate Company, a subsidiary of Delong International, plans to build a residential community here again.
After being with Xu Liang for a long time, her horizons are very broad.
Since its listing in 1996, its value has increased 4.8 times.
First, you must first have abundant capital.
"It would be better if I didn't. You asked me about Zhongyan's opinion on how to deal with it. You want me to go to Zhongyan as the general manager." Lu Hui patted her chest and said fearfully.
But.
Ninety-nine percent of domestic companies fail to meet these three requirements.
Although it is a developing country, it can make the best use of its resources.
"I have seen Zhongyan's information. Their factory in the center of Pinggu District covers an area of 238 acres.
" Wait. There's no rush to do this, it won't be too late to do it after we take down Delong.
Deron played very well.
"After a while, you can write down the rectification plan for Zhongyan that you just mentioned, form a document, and send it to Zhongyan's management for internal discussion.
"Mr. Xu, I don't want to Leaving you to take up a position in Zhongyan. ”
"Who said I was going to let you go to Zhongyan?" Xu Liang asked with a smile.
Third, you must have experience integrating and developing foreign companies and be familiar with foreign markets.
Toll collection was implemented in August 1997, with an annual return on investment of 18.4%. In 1998, the toll for this section of the road was 7.65 million yuan.
Shancheng Industrial was formed from the merger of Shancheng International Passenger Transport Company and Shancheng Yutong Highway Construction and Development Co., Ltd. It was listed on the Shenzhen Stock Exchange in 1997. "
"This is much more complicated than Zhongyan. ”
This is a section of the highway from Shanghai to Chengdu that must pass through the mountain city, with a total investment of 94.1 million yuan.
“Okay, I’ll do it right away.”
So I plan to rent out this land for the time being and wait for the domestic real estate market to recover before choosing an opportunity to develop real estate. You can make more by simply selling land. "
After giving the instructions, Xu Liang picked up Shancheng Industrial's information again and frowned.
"Haha. I have trained you for so many years, how could I get rid of you with just a Zhongyan? ”
A messy operation.
Then gain access to foreign markets through the brands and channels accumulated over the years.
However, this method looks simple, but it is not easy to learn.
They all follow the principle of anchoring one main business, and then first make horizontal acquisitions to expand the scale, and then acquire similar foreign companies, move their production domestically to reduce costs, and use their management experience and technology to improve domestic enterprises. Transformation.
The company's most high-quality asset is the 55% property rights in the section of National Highway 319 from Shancheng Xiquan to Tongliang.
He also had little interest in the cotton spinning enterprise.
Xu Liang did not intend to hold Zhongyan for too long.
This style of play, in the domestic and foreign context around 2000, is not 100% successful, but in most cases it is a good way to develop industry.
Then let them write a development outline for Zhongyan in the next three years. I want to read it. ”
Second, you must have some experience in international mergers and acquisitions, otherwise it will be a good thing if you don’t get tricked, let alone a successful acquisition.
I don't want to be used as a wedding dress for others. ”
But in 1998, this silly son was attracted by the big dog Delong.
This is really a skill.
After acquiring Shancheng Industrial, for As its main business was not outstanding, Delong naturally started to reorganize it according to the previous routine.
First, it sold the miscellaneous businesses of Shancheng Industrial to its affiliated companies.
Then the hydropower industry was designated for her.
The first step was to establish the 'Southern Water' company as a joint venture with Chenzhou Shanhe Industrial Group. Shancheng Industrial held 80% of the shares. Then, with Southern Water as the main body, it spent 63 million to acquire Shanhe, a subsidiary of Shanhe Group. Waterworks.
Southern Water has also become a platform for Shancheng Industrial to expand externally in the water supply industry. Like other companies in Delong, they will plan a grand plan that makes people excited.
Whether the plan can be realized or not is not important, the most important thing is whether it can increase the stock price.
Cow, you must blow it out first.
So, Southern Water Affairs solemnly announced that it will reach a daily water supply capacity of more than 1.5 million tons within three years and become a cross-regional and nationwide water company.
Unfortunately, until now, the daily water supply volume under Southern Water Affairs has only reached 300,000 tons, and even the districts and counties under Chenzhou have not been covered.
During the establishment of Southern Water Delong also established its own hydropower operation platform ‘Deneng Hydropower’ under Shancheng Industrial.
In June 2003, Deneng Hydropower invested 59.5 million yuan to acquire the remaining fixed assets of Yongxing Level 1 Power Station. After the acquisition was completed, Deneng Hydropower Company owned the complete Yongxing Level 1 Power Station.
The Yongxing Level 1 power station has a capacity of 2×15,000 KW and an average annual power generation of 128 million KWH. It is a small but typical small hydropower station.
The expansion direction of Deneng Hydropower is small hydropower of about 20,000 KW.
It has developed better than Southern Water. Currently, there are three small hydropower projects in Sichuan Province, Nanhu and other places, with a total installed capacity of 80,000 KW.
But that’s not what really interested Xu Liang.
“Delong has also discussed investment with China Three Gorges Corporation?”
Lu Hui nodded, "After the Three Gorges restructuring plan was approved by the higher authorities in August 2002, Delong's people were actively in contact with the other party, and the two sides had in-depth discussions.
However, as Delong's business fell into After the dilemma, the negotiations were terminated
And the joint-stock reform of the Three Gorges has been put on hold, and there has been no movement."
After thinking for a moment, Xu Liang said, "I will issue one in your name, Hanhua. After the document was passed, it was said that we are happy to participate in the equity restructuring of Three Gorges and are willing to provide help. Let’s see how the other party responds. ”
Xu Liang read through the remaining information, mainly introducing other companies under Shancheng Industrial.
Including Jingcheng Ruisikangda Technology, which focuses on the development of Ethernet technology.
Yangzhou Yishite Technology mainly produces batteries, circuit boards, hardware and electrical appliances.
Qilu Ethylene Chemical, Shengli Oilfield Zhongsheng Environmental Protection, etc.
Although the scale is not large and the profits are not huge, at least it is profitable.
However, Delong's arrogant operation of mortgage guarantees and bank loans left Shancheng Industrial with a debt of nearly 1 billion Chinese dollars.
Absolutely outrageous.
The entire company was gutted.
"Tell Xia Changsheng that Shancheng Industrial will sell all its debts after stripping off its debts and re-planning its finances. Don't delay for too long."
Even the most valuable assets of Deneng Hydropower The total amount is less than 500 million Chinese coins.
He had no intention of wasting time and energy on a small and medium-sized enterprise of this size, as the rate of return was too low.
And he has no interest in small hydropower.
Delong has many high-quality assets, but they do not include Shancheng Industrial.
"Mr. Xu, today is the third day. How do you respond from Jia'an Asset Management and Yinji Asset Management?"
"Refuse, please be gentle."
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"Okay."
——
Putting down the phone in his hand, Sha Zhenggang looked ugly.
"Old Zhao, as expected, you have told me everything. The person named Xu has no intention of cooperating with us."
Zhao Guodong shook the red wine glass in his hand, "Gangzi, these 98 The Lafite tastes really good. If you don’t believe me, try it.”
"What a fart. My young master Zhao, when will you still be thinking about drinking?"
"Haha, don't be anxious.
Delong's game of chess has just begun. , We still don’t know who will win, so why ruin our mood?”
Zhao Guodong sipped his red wine and said with a smile.
"I am impatient, but you, Old Zhao, can't hold my temper as well." Sha Zhenggang said dissatisfied.
"Be patient, and we shouldn't need to wait too long."
As soon as he finished speaking, the phone in his pocket rang.
Zhao Guodong took it out slowly, looked at the caller ID and pressed the answer button.
"Brother, is it me? The man named Tang ran away."
Zhao Guodong's face darkened, "What's going on?"
"Liu Laosi took people to arrest people in the devil's capital. Only when they got there did they find out that the man named Tang had left the country two days ago. Only Tang Wanli is still in the country. How about we arrest him?"
"No, Tang Wanli is not involved in the specific management of the Delong Group. The reasons we found cannot affect him, and this old guy has been in the capital for many years and has deep connections.
We caught him, If there is no evidence, it will become unreasonable."
"What should we do? Tang Lao Er, Tang Lao Si and Tang Wanxin have all run away, so we can't leave empty-handed, right?" >
After Zhao Guodong thought for a while, "You tell Liu Laosi to arrest all the main executives of Delong International. These guys have dirty butts, and it is reasonable and legal to arrest them."
"I'll call Liu Laosi immediately, don't let these guys escape."
"Remember, Liu Laosi must nail the evidence."
"I know, Don’t worry.”
(End of this chapter)