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Chapter 121 Noise

Dongcheng District actually has a plan for how to deal with such enterprises. Whether it is negotiated and joint ventures, selling, debt-to-equity conversion, or listing and auctioning, the plan is ready-made. The difference lies in how the valuation of the enterprise is determined, whether it is based on the net assets on the books or re-evaluation; the most important thing is how the workers deal with it.

From the Dongcheng District Government, valuation is not the key point. As long as the loss of state-owned assets is not criticized, the valuation problem is not very big. The key is that workers must deal with it properly. There are many old factories in Dongcheng District, and there are hundreds of thousands of workers in similar enterprises, all of which are pushed to society. This is quite unrealistic.

Such a large amount of labor cannot be absorbed by Dongcheng District itself. If it is pushed to society, it will undoubtedly greatly affect the stability and unity of Dongcheng District. Once these unimaginable workers start to make trouble, let alone the district government cannot hold it, even the city and the province will be extremely passive.

Therefore, simply selling factories is a bad idea for the district government. The key is to revitalize the enterprises through factory transfer. This not only on the one hand, the government has GDP, but also on the other hand, it can arrange the workers properly, which is the district government's greatest performance.

Judging from the financial statements of Lingfeng Factory, the financial situation of the factory is actually quite bad. The bank now has more than 200 million yuan in debt, and the various assets on the books are depreciated by about 130 million yuan. The outside receivables are 30 million yuan, and the payables are more than 50 million yuan. The appraisal discount of more than 500 mu of land use rights is about 300 million yuan. This is not commercial land, and the price is of course much lower than that of commercial land that can build commercial housing.

But the assets on the books are actually nonsense. If the pile of old textile processing equipment is sold at a discount now, Duke doubts whether it can recover one or two million yuan. The land use rights have basically become collateral for bank loans, so fundamentally speaking, Lingfeng Factory is only one step away from insolvency.

The reason why we have not reached this point is that the government has been struggling to obtain policy loans for Lingfeng Factory to barely support it. It can be said that the government has tried hard to survive for enterprises like Lingfeng Factory, but the market situation is like this. If this continues, the company will survive and increase the non-performing loans of banks.

Duke got the plan handed over by Director Lin, took a rough look, and said to Director Lin: "Let's study it first, and if there is any problem in the future, I will discuss it with you." Duke politely and resolutely refused the invitation to the banquet sent by Director Lin on behalf of District Mayor Zhang.

It’s not that Duke is not incompatible with others, but there is really no good banquet. Before the matter is implemented, Duke doesn’t want to give District Mayor Zhang more opportunities to contact, so as not to be squeezed and promised. He knows his own affairs, and in this regard, it’s much worse than Cai Siqiang, Shu Ya and others.

Duke made the Dongcheng District plan into an electronic version and sent it to the United States, allowing Shu Ya and others to see it, and at the same time translated it into English, so that Clement also understood it. From Duke's heart, Duke tended to buy out method, so that the property rights were clear and clear, there would be less involvement in the future, and the operation would be much simpler.

However, after Duke talked about this meaning with Cai Siqiang, Cai Siqiang shook his head and said that the operation is very difficult. Not to mention that the district will worry that the workers' arrangements will lose control after the buyout. More importantly, how can those who are looking for a share of the pie in this cooperation be willing to watch?

"Duke, it's not me that if you make the buyout," said Cai Siqiang. "What kind of trouble will happen? Don't believe it. I'd bet that it will be clear in just a few days at most."

Cai Siqiang sneered and said, "Don't say that you are a state-owned enterprise restructuring, it's our sal company. Brothers work hard at one step. I don't know how many cities and provinces have come to you."

"What we are talking about is investing and investing. In fact, there are a few of them that are real money. Fortunately, our business really has nothing to control. We have made our buddy anxious several times. The buddy let the news out and said that if the investment environment is not good, we will immediately move to Beijing, Shanghai and Guangzhou. This made the people above nervous and blocked these messy relationships."

"It's really like the factories you are building now, such as water, electricity, workers, industry and commerce, taxation, technical supervision, and even hygiene. The gap between manufacturing and software industries is really too big, and ordinary people can't afford to offend them."

After Cai Siqiang said that, Duke felt cold. He had heard a lot of these before, but he didn't experience them personally. He thought that he would not encounter these dirty things when he came back with overseas capital now. However, he didn't know that Cai Siqiang exposes his somewhat wishful thinking fantasy incisively.

"Not it?" Duke said half-believingly.

"I don't believe it, it's simple. Let's do an experiment. Today, Director Lin will notify you by phone and say you want to buy out Lingfeng Factory and see how much the government offers? You will understand." Cai Siqiang said confidently. "If nothing abnormal happens for a few days, I'll treat you to lobster!"

Duke really didn't believe this evil, so he called Director Lin and said this. After receiving Duke's intention, Director Lin quickly reported the latest situation to District Mayor Zhang. To be honest, Director Lin really has no intention of this matter. He is serious and is still young and is in the rising stage of his career. After he contacted Duke several times, Director Lin admired him very much.

In addition, the sales of mi companies in the United States are changing with each passing day. The sales volume of this brain wave product in the United States has always remained high. Therefore, the future of introducing this project is very bright. According to Duke's plan to open ten production lines here, the annual output will be millions of sets, with a output value of hundreds of millions of US dollars. If converted into RMB, that is more than ten and twenty billion yuan.

Although most of this political achievement is attributed to District Mayor Zhang, as the specific manager, Director Lin is undoubtedly the most important contributor to District Mayor Zhang.

If this heavy performance is properly operated, it will be enough to allow Director Lin to take a step forward in the next term. Not to mention the major step forward to the deputy district mayor, it will be a natural thing to go to a large-scale bank with rich oil and water to be the top leader. From the administrative level, it is already the deputy director who has been treated as Director Lin, and taking over as the director of a district bureau is undoubtedly laying a solid foundation for the next step toward the right direction.

Therefore, Director Lin has a long-term vision and does not rush for the small profits in front of him, but instead works hard to promote this investment. Director Lin, who is well versed in the customs of the officialdom, blocked the news as much as possible, but reported it to the district mayor, and even the factory director below did not say anything.

However, for such a major matter, District Mayor Zhang is not willing to make arbitrary decisions by himself. This is a disposal of state-owned assets. If he is not careful, he will become a handle for District Mayor Zhang's official opponent. As a deputy department-level cadre, District Mayor Zhang obviously would not even have this little political wisdom.

As soon as the government team talked about this matter, Director Lin couldn't bear the news no matter how hard he tried, so soon, everyone who could reach the top level and reach out for this project knew the news. Obviously, for some people, this sell-off would lose the opportunity to reach out, so the development of the matter was soon unfortunately amazement.

Of course, these people who want to reach out will not go barefoot. No one now has such ugly appearance.

The noise was first sent from Lingfeng Factory. I don’t know where to receive the news that Lingfeng Factory was going to go bankrupt and sold to foreigners. The workers in the factory were obviously stunned by the shocking news. Then it was reported that at least one-third of the workers were laid off, and it was even more like a scoop of hot oil poured on dry firewood.

Soon the workers were ignited by these real or fake news. I don’t know who was the first to put out the banner, such as “resolutely sending state-owned assets at a low price”, “the factory is in the people”, “selling the factory for glory and seeking glory is not tolerated”, and so on, and so on.

If the slogans and banners around these factories are still a little noise.

So, what worried Director Lin was that the factory was heard that workers were preparing to organize to go to the city and the province to ask for an explanation. This news made Director Lin feel uncomfortable. He didn't even think of anyone doing so cruelly. According to this situation, isn't this going to make a deal worse?

I didn’t eat the mutton, but I was so sexy, which is a true portrayal of Director Lin’s current moment.

Not only him, but District Mayor Zhang was extremely impressed when he heard these troubles caused by Lingfeng Factory. At the first time, District Mayor Zhang rushed to Lingfeng Factory to explain and maintain stability. Unfortunately, everyone's explanation of the leaders now does not have the same sense of trust as before. Whether you believe it or not, I am not convinced, which has made District Mayor Zhang's hard work very effective.

Duke has been paying attention to it, and of course he received these news almost the first time. To be honest, when he heard this news, Duke felt sad and then a little scared. He had just come into contact with it and had such a situation. If he had signed the contract and went on a few more times, the factory would have been in vain.

My buddy just wants to do something good, why is it so difficult?

When Duke saw this formation, he was really afraid of his mentality. He was not afraid of spending money or giving up some benefits, but if he really wanted to do this, it wouldn't be solved by spending money or giving up some benefits. This time, such a big formation was just beginning. If he really invested in it, he might still be like that.

Yes, my buddy can't afford to offend me, so I can always afford to hide.

So, Duke changed his idea of ​​directly acquiring a factory to renovate it, and it would be better to start the construction honestly.
Chapter completed!
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