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Chapter 20 Joint Venture

This is a naked slap in the face.

But after being slapped in the face by Lin Qi, the officials present looked solemn!

If Lin Qi doesn't have an attack, perhaps he will continue to waste such a waste of time in the next few days.

But after Lin Qi got angry, the officials present knew that if they were not properly handled, then the officials present would definitely be in trouble!

After the reform and opening up, the country almost reached the point where it was hungry for food when introducing foreign capital. As long as there was capital to invest, it would definitely be regarded as a guest of honor. If the project introduced could export and earn foreign exchange, it would allow a group of officials to climb to the road to the sky.

But if you fail, the consequences are also very serious. At least, don’t want to make progress in many years in the future!

They may not want to make contributions!

But no one wants to make a mistake. Once the project negotiations are confirmed to have failed and they need to be responsible, it will be a hundred times more painful than shooting them on the spot!

"Mr. Lin, we have no malice, but we just want to show our hospitality..." A municipal party committee official stood up and said, "I didn't know that Mr. Lin's time was precious before. Now that I know, I will definitely not waste Mr. Lin's half a minute of time. The negotiations will definitely be officially launched tomorrow. We will promote the implementation of the project with the highest efficiency and greatest sincerity!"

Lin Qi nodded and said, "I'm sorry, I didn't criticize anyone when I said that just now. I am impatient and not very adapted to this... slow-paced lifestyle."

The pace of life in modern society, which pays attention to efficiency, will make most people anxious and crazy. That kind of almost crazy social atmosphere will stimulate the economy to rise rapidly.

Now in the south, there are a little bit of crazy.

In the north, it is as elegant as a nobleman. Perhaps it will be comfortable to live in this slow rhythm, but I have become accustomed to the fast-paced lifestyle. In this slow-paced environment, Lin Qi can't wait to find the buttons of "acceleration" and "fast forward"!

...

the next day.

The negotiation team finally appeared. The main person in charge of the negotiation was Professor Zeng, who was familiar with Lin Qi, and several leaders of the municipal party committee.

The negotiation process was indeed as efficient as the official at the banquet yesterday.

Because, the scientific calculator project has been underway in China for expert argumentation.

Many experts from the Chinese Academy of Sciences have analyzed and studied the technology and costs. The introduction of scientific calculator projects has indeed met the urgent needs of many domestic units. In addition, at a retail price of 298 yuan per unit, exported overseas is also very competitive and can bring foreign exchange resources to the country.

It is precisely for this small project in China that although it is impossible for Baosteel to pay as much attention to as large steel mills in Baosteel, it is definitely more important than the investment in textile and clothing in Hong Kong.

If negotiations were made a few years ago, the policy would still be uncertain. But now the policy of introducing foreign investment has been implemented and determined.

Since relevant policies for joint ventures have been formulated in 1979, overseas companies are allowed to invest in China, but Chinese companies need to occupy the controlling stake in the joint venture.

This made many foreign companies dissatisfied. For example, the first joint venture proposal was General Motors, the United States. At that time, China had no joint venture laws. General negotiators used the same way as living a marriage to describe the joint venture, and the domestic policy was actively promoted.

However, GM's own senior management did not approve the joint venture project, and the efforts made by GM's negotiators have made the German public a wedding dress-

The negotiations for Sino-US auto joint ventures are at a deadlock, and Volkswagen Germany took the opportunity to enter. Before GM could react, Volkswagen Germany had established a joint venture factory in China.

Later, the low-end brand Santana, which had been eliminated by Volkswagen, regained its second spring in China and became a myth in the Chinese automobile industry. Later, Volkswagen's various models ranked at the top of China's best-selling list. Originally, in the competition for Japanese cars, German automakers, which had retreated steadily stabilized their market share and regained the growth of their market size.

Many foreign companies negotiate with China, and are struggling with equity ratios, whether to have party branches in factories, etc., for a long time.

However, Lin Qi didn't care at all.

At the same time, Rong Jian also knew that when investing in China, he also needed to be political. There was no problem in establishing trade unions and party branches in factories. Anyway, it was just decoration.

In terms of equity ratio, Chinese capital accounts for 51%, but it holds shares in three companies, namely Beijing 774 Factory, Shougang Company and the Institute of Computer Science, Chinese Academy of Sciences.

Among them, Factory 774 is an old electronics factory, which originally produced vacuum electronic tubes. However, in recent years, it has also been transforming and researching the technology of display panels. In the late 1970s, Factory 774 had prepared manpower and material resources to tackle the tn-lcd LCD screen technology.

At present, Factory 774 has mastered the technology of laboratory production of LCD panels in small batches. However, in order to produce TN LCD panels in large quantities in industrial mass production, overseas equipment is still needed. However, due to the lack of foreign exchange in the country, there is no condition for Factory 774 to introduce equipment.

In the entire investment, Factory 774 invested in factories and human resources, accounting for 20% of the equity, while the Chinese Academy of Sciences invested in patents and scientific researchers, accounting for 16% of the equity.

Shougang Company is a local tyrant who has raised money, investing 1.5 million yuan, accounting for 15% of the equity. Nowadays, Shougang has rich people, and many joint venture projects in Beijing are often brought to make money and become shareholders, regardless of whether it is related to the steel industry.

Lin Qi injected six patents held by Xinxing Electronics, including the appearance design, circuit diagram, source code, etc., and Lin Qi did not pay a share of money, and injected these patents, he held 25% of the shares.

As for, Rong Jianze, on behalf of Aika Electronics Factory, invested 2.4 million yuan and obtained 24% of the equity.

Basically, the newly established Xinai Electronic Technology Co., Ltd. has shareholders composed of five parties. The three state-owned enterprises account for 51% of the total shares. Lin Qi and Rong Jian, as Hong Kong capital, jointly obtained 49% of the shares.

In terms of management, the biggest dispute between the two parties is the punishment and reward for employees.

In this era, even foreign-funded enterprises did not have the right to fire workers, which made workers lose their awe of their corporate management and naturally it would be difficult to manage.

Originally, Lin Qi emphasized that joint ventures should have the right to recruit and dismiss employees, but this problem is not feasible in China at present. After all, the domestic propaganda of the working class as the masters, and the working class these days has a strong ritual of ownership. If you want to dismiss workers, a group of workers will cause trouble and make all kinds of excuses. Not to mention enterprises, even the government will not be able to take advantage of it.

"Why not do this!" Rong Jian came up with a solution, "Our employees were seconded from Shougang, Factory 774 and the Chinese Academy of Sciences. The staffing of these employees is not in our company, but are only sent to support our unit. When working in our unit, the salary will naturally be paid by our unit. But... if their work performance makes our unit unsatisfied, we will return the goods to the original owner and return them to the original unit. They are not our employees, but from that unit to that unit. Can this principle be explained?

This method made domestic negotiators applaud, saying that this was a very creative idea.

Of course, Lin Qi was heartbroken - isn't this the most unscrupulous labor dispatch employee? Company A signed a contract but sent it to Company B to work. It is also a form of temporary workers. Working must be temporary workers, but if you want to have a formal contract and share the growth of the company, you have no way to do it. When the value of the use is used up, you will throw it away as you want, and you won't have to be as troublesome as a formal employee.

After the various matters are completed, both parties will sign efficiently, and then the registration of the joint venture, the factory and employee recruitment and training arrangements will be carried out quickly.

After Xinai Electronics Co., Ltd. was officially established, relevant leaders cut and then set off firecrackers and fireworks to celebrate.
Chapter completed!
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