Seeing that everyone was in a mess, Governor Hou Jie quickly stopped talking and said, "The province has seen your difficulties, but the heavy industries in the province are now like this, and it is not possible to solve the problem by just allocating money!"

He said earnestly to everyone: "Now, bringing together the heads of you companies is a difficult task. We cannot give money when we encounter any problems. If we don't solve practical problems, the company is a bottomless pit. When will the money be filled in when it can be filled!"

Everyone was silent. The three major heavy industry enterprises are obviously not just about money. Even if the system can be changed, the overall environment is very unfavorable to heavy industry. It is hard for several factory managers to say that if they allocate money, they will definitely do a good job in the factory. No one dares to make this guarantee.

Moreover, now the city’s banks are unwilling to lend them. Anyone with a discerning eye can see that several factories are in trouble, and of course, provincial and municipal leaders are not unaware of the problems.

Everyone stopped talking for a while. Miyamoto Yan looked at Lin Johnson and said with a smile: "Kobayashi, you are the chairman of Dongxing Group. The company has developed so well, thriving, and over-creating profits and taxes. This is obvious to all!"

He said to Lin Johnson: "Although you are different from the heavy industrial enterprises in the city, they are all enterprises. Let me tell you, let me give you some advice!"

Hou Jie and Sun Weiben both looked over, Governor Hou nodded with a smile and said, "I forgot you, a little comrade!"

Everyone also looked over, and Sun Weiben nodded and said, "Kobayashi, although your Dongxing Group is a foreign-funded enterprise, you are also a native of Bincheng. Maybe you, an entrepreneur who takes half a foot, may be able to see more clearly!"

Lin Qiangsheng had to speak, so he said, "Okay, then I'll say a few points. I hope the elders here don't mind!"

Everyone laughed, and Hou Jie pretended to be relaxed and said: "If Comrade Kobayashi said it severely, don't blame him, even if you say it, the deeper you say it, the better!"

Lin Johnson nodded and said, "Then I will choose a few key points!"

He turned to face the directors and chief engineers of the three major factories, including Wu Zongxiang, Liang Weiyan, Chi Jianfu, etc., and said: "The difficulties encountered by your companies are inevitable and predictable!"

"Why is it inevitable?" someone asked dissatisfied.

Lin Johnson: "Now the country is transforming from a planned economy to a market economy, from the past national planning to market free trade, the three major factories used to come from a planned economy, and suddenly encounter these market economy individuals will inevitably be uncomfortable!"

He said to Liang Weiyan: "For example, power stations used to be planned orders. Enterprises do not have to care about who the equipment is sold to, nor do they have to care about the payment for the goods. Everything is allocated by the state!

But now the market has been relaxed. Some places do not need to submit the state to submit cumbersome approval for power stations, and then the state has allocated them. Such projects are fast and will soon produce benefits. It is not possible for you to do the same as the planned economy in the past. You should pay attention to product design and take into account both speed. The other party requires short, flat and fast. If you are not used to such a market, you will inevitably be eliminated by the other party, and they will go to another company."

Lin Qiangsheng said to everyone: "This is the requirement of economic development in the new era. Comrades at the industrial sector should turn their minds around now, eliminate the slow-moving work style, and strive to adapt to this change!"

Chi Jianfu first agreed, and he was also very curious about Lin Johnson, a young entrepreneur.

Liang Weiyan said: "We know what you said. Now our motor factory has accelerated product design, strived to keep up with others' pace, and strived to complete the design and even deliver the goods in advance!"

Then he showed a sense of embarrassment: "However, even if we handed the goods in time, the orderer was still unwilling to pay. Our motor factory had to send a large number of sales personnel to collect debts, and we had to set up posts and responsibilities. Whoever's business is responsible for recovering the funds. Especially in some provinces in the inner city, there are generally problems of owing project payments. Our sales personnel are bound here, so how can they still have the heart to do business!"

"Yes, this situation is too serious. Our machine tool factory has more than 5 million yuan in debt outside. It just won't come back. If they have money, they won't give it to you!"

“We also have debts”

The leaders of the industrial units present made a voice. Not only large heavy industrial units such as the three major factories encountered debt problems, but even other medium-sized enterprises were defaulted on the payment of goods and refused to repay them.

Sun Weiben and others also felt that this problem was very serious, and everyone responded to some problems. It seemed that this was a common situation.

Lin Johnson shouted: "Everyone!"

He glanced at everyone and said, "I advise you to get back the money if you have any debts, and pull back whatever you have. Cement and steel are fine! I guess the debt will be more serious in the future, and you will even owe me and he will owe you. Such a triangle debt will be even more difficult to get a debt!

In the next five years, the phenomenon of our upstream enterprises being owed by downstream enterprises will become more and more serious. Now all departments and places in the country are short of money, which has caused the central government to be more and more focused on currency. There was originally little capital circulating in the market, and the central government tightened its monetary policy, national investment will inevitably be further reduced in the next few years."

He said in a heavy tone: "At that time, everyone has no money. Downstream companies would rather deposit money into the bank for high interest than pay it back to us. In the future, the phenomenon of triangle debt will spread across the country. Everyone should pay attention to this issue!"

Everyone was very surprised. They didn't realize the seriousness of the problem. How could Lin Johnson know so much?

Wu Zongxiang shook his head and sighed: "Comrade Xiaolin said it easy, but your Dongxing Group has a complete upstream and downstream enterprise supporting facilities. I haven't really met these people. I don't know how rogue they are!"

Seeing everyone nodding, Sun Weiben said, "Kobayashi, say whatever else you want to say. We are just listening to the problem today!"

Lin Qiangsheng nodded and said, "Actually, I still have some ideas. For a long time, the industrial characteristics of our province are large and comprehensive, and they have almost all aspects of the industry, without missing industries. Although this has a good side, in fact, the industry in our province is small and scattered, with a small scale and a scattered layout. Our industries have not concentrated to form a joint force. Each one is fighting alone, such as steam turbine factories, motor factories, boilers factories, and are all leading enterprises in the power industry. However, everyone is fighting on their own. They cannot twist together, and cannot form a fist advantage, and the firepower is dispersed!"

He said to Sun Weiben and other provincial leaders: "I have a suggestion that Dongxing Group acquires three major factories, form an electrical group, carry out enterprise restructuring and reorganization, merge the steam turbine factory, motor factory, and boiler factory to complete modernization, and everyone forms a force. The benefits generated by this are undoubtedly huge, and it also concentrates the industrial advantages of our province, and takes the lead in building a group-style electrical enterprise in the country to seize the opportunity in the electrical market!"

"Acquiring the three major factories?" Sun Weiben asked in surprise.

The conference room suddenly became quiet, and then the leaders of the industrial portal broke out in violent discussions. Wu Zongxiang asked Lin Johnson: "Comrade Xiaolin, do you tell me, how do you plan to acquire us?"

"How can this work? It's just nonsense!" said some industrial leaders.

Hou Jie and Sun Weiben discussed it, and he also said: "Ko Lin, these three companies are all large national enterprises. You should be cautious, and corporate acquisitions are not something that the province can decide!"

Lin Qiang-Chengsheng insisted: "Now the central government is advocating enterprise reform. Sometimes our local governments also need to take some practical actions to force reform! We don't move below, and the central government is not easy to move. Maybe we are happy after reforming the central government. Anyway, the three major factories are here and cannot move, so what are you afraid of!"

Sun Weiben, Hou Jie and others thought about it. Lin Johnson was right, but the acquisition was a big deal, especially the three major heavy industry enterprises. Are you taking a bigger step!

Chi Jianfu was not so excited, but asked Lin Johnson gentlely: "Mr. Lin, Director Wu just asked how you plan to acquire our third factory. Now I also want to ask, how does Dongxing Group want to acquire? This matter is not something that cannot be considered!"

"Hiss!" The people from the industrial mouth looked at the same young and superior factory manager, and everyone looked at Chi Jianfu, who had always been "decisive".

Lin Johnson nodded and said to Chi Jianfu: "I plan to use RMB 100 million to RMB 200 million to acquire the steam turbine factory, motor factory, boiler factory, and establish Dongxing Electric Group!"

He looked at Wu Zongxiang with a puzzled look and said, "Didn't Director Wu worry about the customer's default on project payments? After we formed the electrical group, we went to discuss with the places in the customs, contracted their projects, invested and built by ourselves, and ensured that we were operating within a certain period of time. It should not be difficult to repay principal and earn interest within the operating period, and the market is large, so it should be said that it is easy!"

Lin Qiangsheng looked around the faces of the audience and said, "Of course, I know that one or two hundred million yuan is definitely not enough, but I will also spend 300 million US dollars to invest in the three major factories!

We will purchase world-class advanced technologies and equipment, and we must cooperate with world electrical giants such as General Electric, Westinghouse Electric and Siemens in the United States to introduce technology, jointly develop new projects, increase scale, increase technology, increase efficiency management, and achieve rolling development!”

Lin Johnson said to everyone who was already shocked: "Now the deputy director of the State Economic Commission is Comrade Zhu Rj. He attaches great importance to enterprise reform and may support our actions very much, but he may know if he doesn't try it!"

The people in the small conference room were shocked by Lin Johnson's 300 million US dollars and his words. It is fake to be unmoved. 300 million US dollars is now 3 billion RMB. With this money, let alone acquiring the three major factories, it is enough to rebuild the three new major factories!

Lin Johnson's words also made the factory managers of the industrial sector unable to speak. There was no way, they were just rich!

"You can shut up with money!" Lin Johnson looked at everyone and smiled in his heart. (To be continued.)
Chapter completed!