Jiang Feng believes that neither is it, but this good economic foundation has hindered the huge privatization process of Chinese society.

Some people feel uncomfortable when they hear this, but this is the truth.

Regarding the split of China Petroleum, the reason proposed at that time was that China Petroleum was inefficient and could not be compared with the American oil giants, etc., so it had to reform. However, from the perspective of the economic scale and production scale are restricted by the market size and supply and demand relationship, and according to the current scale of China's economic development, there will be no oil company in China that is comparable to Exxon. The so-called profit size also depends on the size of the market.

Without the huge scale of the US economy, should we artificially create a strange scale of China Petroleum and be richer in the world market than giant American oil companies? Could it be that after the transformation, China Petroleum can reach the economic scale of Exxon? Of course, this is simply impossible.

Objectively speaking, scientific and technological research should be used to solve the problem from the perspective of production operation mode, operation management, accounting audit, logistics control, and process levels. It is now possible that China Petroleum should choose the correct path that it should ultimately choose after strategic structural adjustments. It seems that China Petroleum ignores prices, costs, investment and its accounting system that complies with international practices, and has caused extreme dissatisfaction among international monopoly capital groups, and the EU does not give China a market economy status.

It is not unrelated to the extensive operation, high costs and high investment after China Petroleum's overseas listing. This just proves that the ownership issue is not the real reason for China Petroleum's strategic structural adjustment and overseas listing. The artificial gap revealed by the unrealistic comparison between China Petroleum and the world's largest oil monopoly capital group cannot simply show the backwardness of China Petroleum's industrial management mode and operation mechanism at that time.

It now seems that the motivation for the so-called rectification of state-owned backbone enterprises by the Goldman Sachs consortium in the United States is not simply. What exactly does China Petroleum need the Goldman Sachs consortium in the United States to rectify? What is the strategic goal? Is it not able to rectify its own state-owned backbone enterprises in China?

With all the problems not being liquidated, a historic tragedy of China Petroleum occurred. The Goldman Sachs consortium in the United States personally participated in the large-scale layoff of Chinese Petroleum workers. Goldman Sachs pointed out that the assets of China Petroleum Corporation, including the 1.5 million workers employed, could not be easily listed, and the number of workers must also be reduced from 1.5 million to 480,000.

So CNPC automatically gave up the drilling team that made great contributions to itself. Later, Daqing drilling workers called this behavior a policy of unloading the mill and killing donkeys. An angry crowd slaughtered a donkey symbolizing the mill-pulling of the Daqing Oilfield in front of the Daqing Petroleum Administration to express their anger.

Why does China's oil industry take the path of American oil? Why does China Petroleum's structural adjustments, and why should Americans dominate the future? Naturally, there is no reason for this. China Petroleum's overseas listing has won the applause of the international monopoly capital group and its spokesperson. China Petroleum, which operates the first-hand company of the Goldman Sachs consortium in the United States, went public overseas. The company transferred heavyweight Paul Shenpei from Europe to reveal the secret. He has promoted privatization for oil companies in many Western countries. ENL is one of the privatization projects and has experience in privatization of Russian oil companies. He has participated in the project before the appointment letter was issued.

The status of the state-owned economy is gradually weakening, and the rise of the private economy also includes many three-investment enterprises, and multinational enterprises are becoming increasingly important in China. Experience shows that in promoting the strategic restructuring of state-owned industries, especially the implementation of property rights reform and shareholding reform, it can attract private capital and international capital to participate in equity. Investment and mergers and acquisitions are one of the most effective ways to achieve state-owned economic restructuring. Among them, China Petroleum is the most successful case of foreign capital operating on Chinese state-owned enterprises.

According to the new enterprise structure, all subsidiaries will be cancelled and replaced by corporate branches. All three thousand bank accounts will be cancelled and bank accounts opened by one head office are managed uniformly. All capital expenditures will be decided by the head office.

Last summer, 300 branch managers were invited to Beijing. They were promised to obtain warrants as compensation to hand over their operating rights. In this way, the best assets and most active industrial chains in China's national industry have become victims of contemporary China's economic reform under the political commitment of privatization.

In addition, the concept of management acquisition was also proposed. The so-called management acquisition was the act of the enterprise's joint managers, with the support of financial institutions, owning the equity of the enterprise through large-scale debt or equity transactions. For example, the new management incentive plan was approved by the State Council. According to this plan, state-owned enterprise managers obtained warrants for the first time.

In the case of China Petroleum, more than 300 senior leaders will receive corresponding rewards in the form of options. Although the incentive plan and equity trading plan for the management are not yet clear, in the recent stage, China Petroleum has experienced many incredible things since the oil war. Oil workers frequently protested and marched, and major responsibility accidents occurred frequently, so the plan has been forced to be suspended.

In fact, there are many such examples in the process of state-owned enterprise reform. For example, the overall listing of TCL made Li Dongsheng a state-owned entrepreneur with a personal value of 1.1 billion, marking that the success of state-owned enterprise reform is creating a reasonable and legal so-called sunny rich man.

In Western countries, management acquisitions are strictly limited to a certain range. Goldman Sachs' so-called rectification of China's oil industry has smashed the oil industry and its related industrial chains of contemporary China's best industry, and has completely embarked on the road of privatization. Although it still seems to be a central enterprise, its nature is completely different. It can be imagined that in a few years, even the government's decrees will be boycotted within the two major oil companies.

Of course, this is of great benefit to private enterprise owners like Jiang Feng, because they will make money more easily and their voice in the entire national economy will exceed that in state-owned enterprises.

It can be imagined that in the complete end of the most magnificent industrialization era in contemporary China, the huge state-owned property rights and people's property rights of national industries were forcibly divided in the unaware operations of the vast number of workers, and the owner became hired employees. The historical choice of privileged and aristocratic is the moral standards and emotional bottom line of China Petroleum's strategic restructuring.

The best industrial chain of China's industrialization has been completely smashed, core enterprises will form multinational monopoly groups colluding with bureaucrats and compradors, non-core enterprises will continue to shrink under policy discrimination, and their potential qualities will become the goal of social upstarts to acquire greater private wealth.

Resolutely abandoning China's industrialized cultural system and replacing it with an international standard system library will make it easier to meet the basic requirements of the so-called market economy of international monopoly capital groups.

As for the forced implementation of oil workers' buyout and laid-off policies, and the large number of industrial workers' buyout and laid-off caused by policy misleading, innocent people are suffering from life humiliation and laying huge social hidden dangers.

International standardization is a joke, so even if Jiangfeng's Jiang Group has grown into a behemoth, it still maintains the principle of not going public. Because once it goes public, it will inevitably operate according to other people's standards, and then you will lose your absolute autonomy. Compared with the little money raised from the listing, it is absolutely unpaid.

Therefore, after Jiang Feng had the idea of ​​taking some subsidiaries of Jiang's Group to list at the beginning of the year, he quickly denied this idea. In order to achieve absolute control of Jiang's Group, he would rather be restricted by some insufficient funds in the early stage of development than to list his own company, especially core subsidiaries such as Jiang's Biotechnology, Jiang's Information Technology, and Jiang's Automobile. He would never allow others to insert hands.

You have to compete with other people's companies in other people's markets, according to the rules set by others, unless you are a god, you will never succeed no matter what. Standards, or rules, are the necessary and sufficient conditions for victory! You don't even have the ability to formulate or modify rules, so what can you use to compete with others? Even if you can do your best, as long as you modify the rules slightly, your efforts will be in vain.

Of course, Jiang Feng also knew very well that it was unlikely to block these reforms, and it involved the interests of too many people. When the middle and upper-level leaders of the entire enterprise were tempted by huge interests, it was impossible for you to make them think about ordinary workers. Who doesn’t like the money of money?

The more you think about some things, the more you can’t figure them out.

Therefore, for a leader with a conscience and not bewitched by power and wealth, you cannot take some things too seriously, otherwise it will not only not solve the problem, but also make yourself very depressed. What is the reason for this?

To be responsible, since some things cannot be avoided, you can only try to use your limited power to reduce the negative effects of this matter, so that the people involved in interests can live a better life and make the loss of state-owned assets smaller. This is very worthy of the country and the people.

As for the great contribution, it is impossible for ordinary leaders to turn the world around. A person's ability is too small and insignificant in the face of the trend of the entire society.

Therefore, Jiang Feng was determined not to go into politics. Even those officials seemed to be powerful and even if they had a tradition of studying and becoming an official since ancient times, Jiang Feng would not do this because there were too many shackles in the officialdom.

Now as a private boss, he still has great autonomy. At least under the premise that it is sufficient to protect most of the interests of his company, any plan he proposed, even if it looks very unreliable, will be implemented without compromise, which is incomparable to government officials. (To be continued. If you like this work, you are welcome to Piaotian Literature Registered Members to recommend this work. Your support is my greatest motivation.)
Chapter completed!