Chapter 780 Peng Shengyu
“Hello, I am Lu Hui, Mr. Xu’s administrative assistant. I am here to greet you on Mr. Xu’s order.”
Looking at the milky white lady’s suit in front of me, Peng Shengyu, a capable woman with short ear-length hair, did not dare to neglect and quickly stretched out her hands.
"Hello, hello. I am Peng Shengyu, nice to meet you."
Although it was the first time for him to meet this big housekeeper next to Xu Liang, he was not satisfied with it. Don't dare to be the slightest bit negligent.
"Mr. Peng is too polite. Please come with me."
"Please come first."
Seeing his caution, Lu Hui smiled and did not stop being polite.
She is very aware of the psychology of these subsidiaries and branch heads, the "seventh grade official in front of the prime minister's door", so she doesn't explain much. She will get used to it in the future and it will be fine.
Come to Xu Liang’s office in Hanhua.
Knocked on the door, opened the door and walked in.
"Mr. Xu, Mr. Peng from Alloy Co., Ltd. is here."
"Please come quickly."
Although I didn't see him, I heard the happiness in his voice, Peng Shengyu The tension in my heart also dissipated a lot.
After Lu Hui signaled, he quickly walked into the office.
At the same time, I also saw Xu Liang, who was very famous but extremely low-key in the business world, coming up from behind the desk.
Looking at the strong man walking towards him, with a strong back and strong posture, a trace of surprise flashed across Peng Shengyu’s face.
He originally thought that Xu Liang was a tall, elegant young man wearing gold glasses and a suit.
But now take a look.
He believes in Sanda champions.
"Hello, Mr. Xu. I am Peng Shengyu."
As soon as the two parties shook hands, Xu's conscience moved and he subconsciously glanced at Peng Shengyu's hands.
The palms are broad and the calluses can be clearly felt at the tiger's mouth and fingertips.
The rough feeling does not look like the hands of a high-ranking professional manager.
The information he investigated stated that Peng Shengyu often went to the factory and personally operated the machinery to impart experience and explain technical difficulties to the factory engineers. He previously thought it was a bit exaggerated.
But looking at these hands, it was obvious that he had the wrong idea.
This professional manager with a doctorate in mechanics is a true activist.
Patting his palm, Xu Liang said with a smile: "Finally, I've been waiting for you, Mr. Peng, please sit down."
With a promise, the two of them sat on the sofa in the reception area. sat down.
"Lu Hui, soak my treasured Dahongpao."
Lu Hui nodded and turned around.
Not long after, he came over with a teapot and poured it for the two of them.
"Come, have a taste. My Dahongpao is produced by three mother trees in Wuyi Mountain. It took a lot of effort to collect only two taels. If it were not a distinguished guest, I would be reluctant to take it out."
< br>Although he didn’t know whether it was true or not, Peng Shengyu felt the big boss’s hospitality.
I was excited and worried.
"Mr. Xu, this tea is too precious. Drinking it for me is just a waste of peony. Just give me a glass of water."
"This is not possible.
Although this tea Good, but not one thousandth as good as your great talent.
Come and try it.”
Looking at the teacup handed to him, Peng Shengyu hesitated and stretched it out. hands.
If he doesn't want it anymore, he'll be slapping the big boss in the face.
Although he, a science student, is not good at flattering others, he still understands the basic logic of dealing with others.
"Then I will be disrespectful."
"Haha, what I want is for you to be disrespectful. Try it."
Peng Shengyu nodded, before he put it to his mouth , a strong aroma of tea has already hit your nostrils.
"It smells so good."
"Take a taste." Xu Liang said with a smile.
Nodding slightly, Peng Shengyu blew it to cool it, then put it to his mouth and took a sip.
“It’s very fragrant, it’s really good tea.”
“Drink more if you like it, I still have a lot here.”
Peng Shengyu put down the tea cup and said with a wry smile: "You should tell me why you called me here from the devil first, right? Otherwise, no matter how delicious the tea is, I won't be able to taste it."
Xu Liang listened. In the ears, the smile on the face is even greater.
This guy is as real a person as he knows.
Xu Liang didn’t embarrass him either.
“Okay, let’s get down to business first.”
Hand over the information at hand.
“Take a look.”
Peng Shengyu quickly took it and opened it. It turned out to be the due diligence information of Hunan Torch.
I couldn't help but have an extra guess in my mind.
Take a breath, calm down the unnecessary thoughts, and look at it seriously.
Xiang Torch was originally a spark plug company with a history of more than 30 years.
In the tide of reform, it was listed on the Shenzhen Stock Exchange in 1993.
At that time, there were six companies under Hunan Torch.
Zhuzhou Torch Spark Plug Co., Ltd. Special Ceramics Factory operates in the manufacturing of special industrial ceramics.
Standard parts factory, engaged in the manufacturing of standard parts.
Special refractory material factory, dealing in refractory materials and refractory products.
The Materials Branch operates metal materials, mechanical and electrical equipment, chemical raw materials permitted by policy, automobiles, motorcycles and accessories, etc.
Torch Real Estate Company and Torch Construction Engineering Company.
It can be seen that although the Hunan Torch is small in scale, the sparrow is small but has all the internal organs. Such a company has obvious characteristics of the planned economy era.
Big and comprehensive, yet thin and weak.
Fake and shoddy products are rampant, and triangular debt is common. Hunan Torch achieved a net profit of less than 2 million yuan in 1996.
He is an out-and-out beggar holding a golden rice bowl and begging for food.
The golden rice bowl is its listing qualification.
At that time, basically all state-owned enterprises could be listed, and the number was small.
Many large private companies dream of controlling a listed company to make money easily.
Delong is a typical representative of this kind of thinking.
Based on this idea, the stock market in this era can be said to be full of bankers and demons.
The way the leeks were cut was so miserable.
So how did Delong focus on this shabby settlement?
Speaking of which, it is still because of Shenyang Alloy.
Xiang Torch is a downstream company of Shenyang Alloy. The automobile spark plug electrode materials it produces are necessary for Xiang Torch.
The latter is also a big customer of the former.
Naturally, he fell into Delong's eyes.
In order to win this golden rice bowl, Old Tang’s strategy is very clear.
Enter the village quietly, don't let anyone shoot you.
It took more than half a year to quietly absorb 70% of the outstanding shares of Hunan Torch.
But the Huaxia Securities Market, which was trying to cross the river by feeling the stones at that time, had a fucked-up reality.
There are two types of listed companies in the securities market: non-tradable shares and tradable shares.
There are four types of non-tradable shares: state shares, legal person shares, individual shares and foreign shares.
Tradable shares can be traded in the stock market, but the other four types cannot. They can only be traded through agreement transfer, pledge, auction, and repurchase. The liquidity is very poor.
And institutions and individuals holding tradable shares cannot obtain corporate decision-making power.
In other words, even though you, Old Tang, hold most of the outstanding shares of Hunan Torch, you want to get involved in corporate management?
No way.
But Old Tang was really lucky. Whenever he dozed off, someone would give him a pillow.
As the country retreats and the people advance, Hunan Torch's state-owned shares are also put on the shelves.
Although Danxiang Torch has a poor settlement, it has the ‘golden rice bowl’ of listing quota.
As the saying goes, a good girl doesn’t have to worry about getting married.
But most of the people this skin-only beauty attracts are 'rotten peach blossoms'.
At this time, Delong, who had made a lot of money on the space shuttle, had strong capital and showed "extraordinary" business management levels.
He quickly stood out among the scumbags.
At the end of November 1997, the board of directors of Hunan Torch issued an announcement that the ZZ City State-owned Assets Supervision and Administration Bureau, the company's largest shareholder, would transfer its 25 million shares of Xiang Torch to Delong at a price of 2.8 yuan per share.
After the transfer, the state-owned shares became legal person shares, accounting for 25.71% of the total share capital. Delong became the largest shareholder of Hunan Torch.
At this point, Delong has also completed the structure of Xianghuo Torch, Shenyang Alloy and the "Old Three Stocks" of Tunhe in the Western Regions.
The three companies launched a vigorous expansion at the same time.
Tunhe was a cement industry and later turned into agriculture and animal husbandry.
Shenyang Alloy was a power tool that later became a garden machine.
Xiang Torch is a large auto parts company, and later developed into complete vehicles.
Under the guidance of this strategy.
Old Tang was full of confidence and also gave Delong a ‘Longzhong Pair’.
There are only three in total.
First, strengthen product quality.
Second, change the situation of Hunan Torch’s single product structure.
Third, establish overseas sales channels.
Under the guidance of this ‘Longzhong Dui’, in June 1998, Hunan Torch put into production the ‘Car Lights and Mirrors Project’.
In September of the same year, it acquired the bankrupt enterprise "Zhuzhou Piston Pin Factory" in ZZ City. Through this acquisition, the problem of Xiang Torch's single product was partially solved.
In October 1999, Hunan Torch invested US$33 million to acquire MAT, the largest brake system importer in the United States, as well as 9 companies in mainland China that it jointly owned with Xiangjiang Hongben Industrial and Xiangjiang Hongyuan Industrial.
This huge acquisition, which cost nearly 300 million Chinese dollars, not only made Xianghuo Torch instantly become the largest brake system manufacturer in the country, but also expanded its sales channels in the United States.
The company's assets have officially exceeded 1 billion Chinese coins.
For others, the fact that the company has developed so much in less than two years under his leadership is enough to boast in front of the major media.
But for a struggling person, 100 million is a small goal.
Lao Tang is not only struggling, but also has the "lofty goal" of integrating China's auto repair industry.
So 1 billion is just a sprinkle of water.
I have to roll up my sleeves and work harder later.
At the end of 1999, Jiangnan Xingda Steel Cord Co., Ltd. was acquired for 64.8 million Chinese dollars.
And invested 20 million to establish Torch Auto Parts Import and Export Co., Ltd. to further develop foreign channels.
It can also be seen from here that Old Tang is indeed very shrewd.
While expanding production, we also did not forget to establish sales channels.
Really integrated Taizong's strategy of "grasping both hands with both hands to be tough" into his bones.
At this stage, the best developed among the three old stocks is Xiyu Tunhe, followed by Shenyang Alloy and finally Xianghuo Torch.
But in this stage from 2000 to 2002.
The total assets, total revenue, profits, etc. of Hunan Torch are just like the Sky Monkey.
Scurrying upwards.
Moreover, the auto repair industry alone can no longer satisfy Lao Tang’s growing ambitions. He has also set his sights on the downstream of the auto repair industry—heavy-duty vehicles.
Of course, ambition sprouted step by step. At the beginning, Old Tang still wanted to be the big brother in the auto parts industry.
In 2001, Xiang Torch and Dingli Metal Industry Company jointly invested 80 million to jointly establish Zhuzhou Xiangli Engine Manufacturing Company. Xiang Torch held 60% of the shares and officially entered engine manufacturing.
(End of this chapter)