Chapter 116 Unexpected Consequences

The boss of Huace Company is definitely a person. The most important manifestation is that he can chat with the central leaders frequently. He has many photos, and some central leaders hugged his daughter and took photos with his whole family happily. Every year at the end of the year, the general managers of Zhongce Company from all over the country come to Beijing to report on their work. He must take charge of a building of the Diaoyutai State Guesthouse where the central leaders meet foreign guests. The general managers must verify the registration when they come in. Each person's report time is no more than fifteen minutes. The atmosphere is relaxed and solemn, which makes the visitors feel awe-inspiring and unforgettable for life.

In the eyes of most Chinese, the central leaders and the Diaoyutai State Guesthouse are more effective than the current laws. Naturally, this practice can confuse many people and enhance their credibility in the eyes of everyone.

In business operations, he made full use of some loopholes in China's current regulations. The original Sino-foreign joint venture regulations allowed foreign capital to be in place in installments. Huace's acquisitions often paid 1.5% to 20% to 20% in advance, so that state-owned enterprises can be successfully controlled and the funds obtained by the first batch of enterprises after they went public overseas were invested in a rolling acquisition, so that they don't have to worry about insufficient funds.

Although Chinese law stipulates that foreign joint ventures are not allowed to transfer their joint venture equity, Huace Company transferred shares of overseas holding companies that hold these equity. At the same time, Huace took advantage of China's various tax incentives for joint ventures and the dual-track exchange rate system to make a lot of profits. When he bought the shell and established Huace, the company still lost more than 10 million Hong Kong dollars, and just one year later, the company's net profit was as high as more than 300 million Hong Kong dollars, becoming a miracle stock in the Hong Kong stock market.

But he himself has no experience in industrial management and has no interest in it. He acquired hundreds of companies and never sent one person. He relied on the original factory managers to continue operating. There were only two or three financial personnel at the headquarters for auditing throughout the year.

"Asset restructuring is a very cost-effective business, why is Mr. Fan not interested? As far as I know, you pcfans have a foreign background and have a very large capital flow. It is easy to play this kind of game." Li Yuanhu raised his doubts. He believed that people like Fan Wubing could not not pay attention to such things.

Fan Wubing smiled and said, "First of all, you need to understand. PCfans is just my sister Fan Ting's company now. I am just a nominal vice president, but my assets are far more than the total assets of PCfans. I am now investing in domestic projects, including film and television city in Hengdian, low-voltage electrical company in Liushi, and Panshi Heavy Industry. Recently, I will build a Panshi Airport with a scale of about 10 billion yuan. In addition, I have a lot of stock and securities investment overseas and hold stocks of many large companies, such as Cisco and Microsoft, etc.."

Li Yuanhu was shocked. He thought Fan Wubing was just a rich second-generation ancestor in his family, but he did not expect Fan Wubing's assets to be so huge. Moreover, this guy also said that these were all made by himself, so how could he not be frightened?

Fan Wubing ignored Li Yuanhu's surprise and continued to explain to the question he raised, "I know the person you are talking about. At the beginning of the acquisition, due to the liberation of the system, it can naturally stimulate productivity and rebound in efficiency growth. However, with the increasing marketization of the mainland's economic atmosphere, the institutional advantages will gradually disappear, the original industrial model is backward, equipment aging, poor new product development, and unreasonable talent structure will be the old problems of state-owned enterprises such as

It is highlighted one by one. I think he has enough acquisitions, but hesitates if he integrates, and hesitates if he exits. Although he will make a lot of profits in the early stage, he will inevitably fall into a specific business quagmire. Even now, criticism of the phenomenon of China's strategy has been frequently reported. Many people are accusing this arbitrage of being a commercial speculation that has no technology and no management experience. The speculation of enterprises has caused the outflow of state-owned enterprises to have serious wealth. In my personal opinion, this acquisition will not last for three years."

In fact, Fan Wubing’s acquisition of Panshi Heavy Industry also borrowed the operating methods of Huace Company? However, his vision is higher and his techniques are more proficient, and he is completely making a fortune. Unlike him, he is not simply playing capital games, but has a complete set of excellent integration plans. After the asset restructuring, Panshi Heavy Industry’s industrial structure has been reasonably transformed, which has led to the prosperity of Panshi Heavy Industry today. This operating method is impossible for Huace to do.

Basically, Huace is a leather bag company, but the leather bag company is supported by the upper-level figures.

Fan Wubing's original intention of acquiring Panshi Heavy Industry was actually to remind the upper class that Huace's behavior would cause some harm to many state-owned enterprises. However, one thing he did not expect was that he did not kill all of them, bankrupt Panshi Heavy Industry and then sold them, but chose a way to switch production. In this way, Panshi Heavy Industry suddenly became a successful model of asset restructuring, and was regarded as a benchmark for state-owned assets acquisitions such as Huace Company.

Therefore, Huace's acquisition behavior was not only not stopped by the upper level, but also accelerated!

This matter was really beyond Fan Wubing's expectations, and he did not expect this, but judging from the current situation, there are certain people in Huace, and it is very likely that it was a pawn of a certain force group. Considering that it would cause him a lot of trouble, Fan Wubing felt that he should not get involved in this matter too deeply, so as to avoid any further shooting for himself or his father.

Fan Wubing has seen too much about some things and is also cold. Being able to manage the rock well is a great success. There is no need to block other people's financial paths, and the risk is too great.

"By the way, I actually have a satellite communications service company and three satellites in Beijing, and a new Silk Road entertainment company in Shanghai. I am now working with CCTV and will launch a brand new entertainment column on the new channel in the future. As for the details, it has not been formulated yet. On the Panshi Airport project, I am currently inspecting a cement factory and a steel factory. I initially plan to acquire it myself and renovate it to meet the current needs." Fan Wubing remembered these things and told Li Yuanhu by the way.

Li Yuanhu was speechless and said after a long time, "Mr. Fan, I really don't know what I can do for you. Now it seems that it's okay to be a housekeeper."

Fan Wubing smiled, but when he thought about it, Li Yuanhu's words made some sense. He just lacked such a person like a housekeeper. At the technical level and management level, he did not lack manpower. In terms of daily affairs, he needed to have a person who was well versed in human relations and worldly affairs to remind himself.

However, Li Yuanhu still made a very pertinent suggestion, "Since Mr. Fan has the plan to acquire and renovate the cement plant and steel plant, then you might as well make the factory bigger. These two projects are the most needed for infrastructure. Wangtian Province needs not only a large airport, but also many expressways extending to all directions! Cement and steel are of great use!"

Wangtian is an inland city, and the transportation is not very poor. However, most highways are secondary roads and the quality is not very high. Especially in recent years, the transportation industry has developed rapidly, the road surface is under heavy pressure and is seriously damaged, so it is necessary to build new high-quality roads to lead to the surrounding five provinces and cities. Even if there is a large airport in Panshi in the future, the surrounding logistics and transportation still rely on road and railway transportation, so the idea of ​​building a highway is still worth considering.

There is only one thing: if you want to build a highway, you must first pass the Ministry of Construction to establish a project, which is still a big problem.

You should know that Fan Wubing is very unhappy with the Ministry of Construction in the construction project of Panshi Airport. If they want to build a highway next time, they may have another monster to block it. It seems that they still have to open up the upper level route!

Regional disputes are also very obvious in ministries and commissions. If you have some power in your hands, you are always susceptible to the support of the officials in your hometown. It is reasonable to give back to your hometown. There is a saying that is very good. If you cannot return home, it is tantamount to travel in a bright night. Therefore, many people in ministries and commissions will seek some convenience for their relationships. A little policy or funding tilt is enough to affect the development of a region.

The rise of the Rock will inevitably drive the economic development of the entire Wangtian, and thus affect the reform situation of the entire central province and region. The total domestic economic demand is certain, and the coastal economy will be weakened one after another. Of course, many people will feel uncomfortable. Therefore, it is understandable that the mainstream Jiangsu and Zhejiang parties of the Ministry of Construction hold a grudge against Fan Wubing.

If Fan Wubing had not had a far-reaching influence, the upper class had a tendency, and Wangtian's local support was strong, and several major projects of Panshi were developing smoothly, it would be impossible for the Ministry of Construction to be entangled in the construction projects of Panshi Airport. Even if it could delay for a period of time, it would be beneficial to them.

Although in many cases, everyone says that they should be dedicated to the public, it is rare to do this in practice. Even if they are the best person in the world, they are still human beings. As long as they are human beings, they have three relatives and six relatives, and there are seven emotions and six desires, which is inevitable.
Chapter completed!