"Secretary Huang, what does the top leader mean this time? Let's take stock of the assets of the Nanhai Group. Are we going to have an audit? Is something wrong?" On August 18, 1689, a group of cadres from the Ministry of Finance were counting the assets of this huge state-owned enterprise. During the evening break, two low-level officials were discussing the reasons behind this incident.

The question was a clerk who had been working in the department for eight years, but because he had no background and had no outstanding talents, he was still a small clerk. Fortunately, he was still diligent in his work and always tried his best to complete the things he had explained, so the reputation was pretty good. Maybe when there was a vacancy in the third department of the State-owned Assets Department where he worked in the future, he could add an assistant section chief or even deputy section chief, but that's all.

"Audit Mao." The answer was an elderly cadre. He was stirring the coffee cup on the table and said carelessly: "What level is Nanhai Group? One of the five companies that the Executive Committee is focusing on. For auditing, each department must form a joint working group, and then a major figure at the executive committee level is in charge of the full responsibility. The Ministry of Finance is no longer the major shareholder of Nanhai Group and has Mao's audit power."

"This time we come here to work, mainly because someone from the top wants to take stock of the assets of Nanhai Group and get an accurate valuation. Don't you understand this rhythm? This is to sell some of the group's shares!" Chief Huang lowered his voice and said earnestly: "This matter is a bit sensitive. We should not ask too much, and just work hard. Selling some of the shares of Nanhai Group in exchange for funds. The opinions on this matter are not unified, so don't go outside and yell."

"It's indeed Brother Huang! The news is so well-informed!" The clerk who asked the question immediately flattered.

This "Brother Huang" is not without any background. His grandfather's generation was followed Huang Hanhua, who is now the Minister of Taxation, and has worked in Yantai for many years. He has been considerate of his old subordinates, and has followed from Shandong to the east coast. His father also worked for Huang Hanhua when he was on Haizhu Island, and he is also highly valued and has a different relationship.

Therefore, it is no wonder that there are rumors outside that Section Chief Huang is the boss of the tax department, who may be promoted to the boss of the Ministry of Finance in the near future and replace Wang Yan and Huang Hanhua. Section Chief Huang neither admits nor denies this kind of rumors for various reasons, and gives people a sense of unpredictability and profoundness, which makes him take a lot of advantages in the officialdom.

Section Chief Huang actually has no time to move around, but thanks to the relationship between father and grandfather, he can still learn many secrets that ordinary people cannot access. For example, this time, the Ministry of Finance sent several working groups to the headquarters of the Nanhai Group in a low-key manner, and Section Chief Huang vaguely knew that it was probably related to the government's desire to sell shares to raise money.

Of course, there are many ways for the government to raise money, such as they can issue bonds, and they can also use gold reserves, such as taxes, and of course, selling some state-owned assets is also one of the means, which depends on how you choose. Section Chief Huang vaguely feels that with the current high level of government debt, reissuing bonds will face many problems. If it is too little, it will be difficult, but if you want to raise more than 5 million yuan of funds, it will be difficult. Therefore, it is still necessary to find a way through multiple channels to raise enough funds.

When it comes to selling state-owned assets, we must mention that there are more and more accusations and criticisms against large state-owned enterprises in the East Coast. Take Nanhai Group, one of the benchmark state-owned enterprises in the East Coast, as an example. The company has Nanhai Transportation Company, Nanhai Liner Company, Nanhai Fishery Company and a large seafood processing factory located in Yancheng Port, with a total of four major subsidiaries. Among them, Nanhai Transportation Company is the largest shipping company in the country, with a large fleet size and larger than the total tonnage of ships in many European countries. Its merchant ships are spread throughout the Atlantic Ocean and the Pacific Ocean. In addition to carrying out normal entrusted transportation business, it is also engaged in import and export trade of commodities, and the profit is very amazing.

Nanhai Fisheries Company is similar. After taking over the business of the former Nantik Fisheries Company, this company almost monopolized fishing on the east coast of the Pacific, and also occupied the largest share of the fishing industry along the Atlantic coast. The annual catch volume far exceeds the second-ranked honest fishing company. What an amazing fortune this is today when people's seafood consumption on the east coast is getting bigger and bigger! In addition, ocean whaling is almost the exclusive business of the company, and there are no decent competitors so far. Its whaling fleet provides almost 90% of the source of whales on the east coast, which is amazing. Therefore, this can well explain why this company was once the most profitable company in the country, and even now, it often wins the honor of the largest profit and tax owner.

In addition to Nanhai Transportation Company and Nanhai Fishery Company, Nanhai Liner Company and Yancheng Seafood Processing Plant actually have good profitability. The former may be a little inferior, but it will not be a loss. The latter's profit is also medium among state-owned enterprises and can make considerable contributions to the group every year.

Therefore, Nanhai Group, which has four major companies at hand, is really a hot commodity in the eyes of many people. The money tree must be taken away quickly. Therefore, they began to start from two aspects: one was to build momentum of public opinion, publicly accuse the Nanhai Group of bureaucracy, and listed its bloated management organization, inefficient operation efficiency, and rampant internal corruption. To be fair, most of them are not groundless. Nanhai Group's operations do have great problems. Inefficient, nepotism, procrastination, etc. are not uncommon, but to be honest, the degree is not as deep as the outside world criticizes. Many people say this, on the surface, out of public interest, but they may not have taken the opportunity to privatize it to get a piece of the group's huge profits.

Another major criticism from the outside world for Nanhai Group is its arrogant business style. To put it bluntly, many companies or individuals operating fisheries, shipping industries, and seafood processing industries think that this huge enterprise is suspected of monopoly. This is not to say that they use administrative means to prohibit others from entering these industries, which is not a fact. What they blame is mainly because Nanhai Group uses its relatively strong capital, advanced science and technology and huge production scale to engage in asymmetric competition against other small enterprises, which has suppressed many other enterprises and has never been able to grow and grow.

These two charges have made the Nanhai Group very bad recently, and it feels like a rat crossing the street. Of course, they don’t want to admit these charges, but many people who accused them have many guys with great hands and eyes standing behind them. Things are not simple at all. Therefore, the company’s senior executives suddenly became a little weak and didn’t know what to do.

The Executive Committee’s official is actually tolerant of Nanhai Group in general, because this company is indeed the money tree in their hands, accounting for a large part of the annual public industry and business income. However, the group’s problems also exist objectively. Therefore, after thinking about it, they finally decided to sell part of their shares, introduce so-called "strategic investors", and establish a modern board of directors composed of various shareholders, so that shareholders can supervise them and promote the company’s reform.

After all, the country is so big now that they can't be watching the company's every move for a long time. You can't send spies or secret police to the factory, right? That's what! So, selling some shares in exchange for valuable land acquisition funds, reorganizing the company's management, and letting the board of directors decide everything. Anyway, as long as you ensure that the government's shares are more than 51%, you still have control. You don't have to worry too much about other things.

As for whether there is something tricky in the process of privatization of this part, and whether there are many people speculating on the issue of transfer of interests, this is another matter. Some things can only be understood but not expressed in words. If you say too much, you will shake the foundation of the country. You cannot say it or not!

There are actually several companies similar to Nanhai Group. For example, Northern Chemical Company, Tieling Heavy Industry Consortium, Ping An Coal and Steel Consortium, United Industrial Credit Bank, Dayuhe Arsenal, Dafeng Food Company, East Coast Insurance Company, Ping An Weaving Factory, Dayuhe Textile Factory, etc., are all high-quality and profitable enterprises. This time, they also plan to sell shares ranging from 10% to 40% to raise huge land purchase fees.

There are many people in China who oppose the sale of enterprises, and even in the Founder Parliament, there are many oppositions. Some members of the East Coast Company who provide a large amount of dividends questioned that this would reduce the government's fiscal revenue and make the country insufficient funds to carry out various major projects. They think they are the rulers of this country and really want to maintain the ruling tool of the East Coast Republic of China. After all, if the country is weak, their status cannot be maintained, so they are very opposed to this self-weakening behavior.

However, there are also many people in the parliament who have different opinions from them, and they even have a slight advantage. Especially those who hold a lot of funds and look for good projects to invest in, are very enthusiastic about investing in these large and medium-sized state-owned enterprises and are constantly promoting the reform of state-owned enterprises. They even pointed out that the purchase of the Pampa Plain, the Chaco Plain and the Chilean Central Valley are a matter of future generations, and they must not be careless. They must raise enough funds to deliver to the Spaniards in the short term, otherwise things may change over time.
Chapter completed!