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Chapter 799: The Fate of State-Owned Enterprises

A few days ago, the State Economic Commission received a special request for approval, which was related to the acquisition of large state-owned enterprises.

After the incident spread, it caused a large controversy within the department, which caused two bigwigs in charge of the national economy, director Lu Dong and deputy director Zhu Rj, personally presided over the meeting. Many studies have not concluded.

The secretary and the governor jointly reported a state-owned enterprise acquisition case. Dongxing Group acquired Bincheng Steam Turbine Factory, Bincheng Electric Factory, and Bincheng Boiler Factory for RMB 300 million. After the acquisition, the capital was injected by US$200 million, and introduced equipment and technology to form an electrical group.

After this plan was made public, it caused a huge shock from the State Economic Commission. Everyone couldn't believe that the local economy had gone so far, and foreign capital was going to acquire state-owned enterprises!

This is something that people didn't even expect. They were caught off guard and were very shocked and difficult to deal with!

However, after the shock, the subsequent attack on the acquisition case was to attack the acquisition case. Moreover, the Central News Agency also quickly noticed the incident and quickly sent an interview team to Bincheng, Province H to investigate the ins and outs of the acquisition incident. However, although the investigation has not been completed, it did not delay the Central News Agency's discussion on the incident. In short, there was no praise, and most of the articles were derogatory and accusations.

Lu Dong and Zhu Rj were very cautious about this request for approval. They immediately learned about the matter from the province. They specially asked them to send a detailed document to telegram. The document required the three state-owned enterprises to explain what difficulties they encountered in recent years, what ideas had been preserved for foreign capital acquisition, and whether they could protect state-owned assets. Finally, the Economic Commission reported the request for approval and the situation of the province's response to the central government and sent it to 286.

Foreign capital acquisition of state-owned enterprises is really a big deal, and the State Economic Commission dares not make any moves easily.

286 quickly gave an instruction: "This is a new phenomenon in our economic development. State-owned enterprises have encountered some difficulties in recent years, not an individual phenomenon. Now they can use the capital and technological advantages of foreign investors. Transforming state-owned enterprises is a new way out!"

At the same time, he also added: "How to better utilize the advantages of foreign capital is a new research direction for the national economic exhibition!"

After receiving instructions from superiors, the State Economic Commission decided to send a more important leader to inspect the state-owned enterprises in H Province, and at the same time collect first-hand information to provide a comprehensive understanding of foreign capital acquisition of state-owned enterprises.

In the director's office, Lu Dong faced Zhu Rj's request and said, "This time I will go to Bincheng in person. I also want to visit Dongxing Group. You are at home!"

Zhu rj came to ask Lu Dong for instructions and led the team to Bincheng for inspection, but unexpectedly, Lu Dong wanted to go there in person.

Zhu rj insisted: "Director Lu, this time, unlike other state-owned enterprises reform and restructuring, this time, foreign investors are going to acquire state-owned enterprises. Not to mention that things are not obvious now, even a little disturbance will cause a lot of public opinion. Let me go, I am young and not afraid of external attacks!"

Lu Dong nodded with a smile, very satisfied with Zhu rjyong's attitude of shouldering heavy responsibilities, but he still said: "It is because you are young that you have to protect you. I will lead the team this time!"

He said generously: "If foreign companies really acquire these three state-owned factories, then let 'them' attack me!"

Lu Dong smiled at Zhu Rj and said, "Anyway, I will be in this class, and I will go down in the future. I am not afraid of others saying anything about me." Then, he said seriously: "However, after I attract firepower, you must follow up on this acquisition. You must let the follow-up continue, and summarize your experience from it. Regardless of success or failure, the country has first-hand information!"

Zhu rj was very moved. Seeing Lu Dong's firm attitude, he stood up and looked at the old director, nodded heavily, and said, "Director Lu, I will keep a close eye on this matter, and strive to summarize the experience and lessons from it, and serve as a reference for future corporate international cooperation!"

Lu Dong nodded with a smile and said, "We cannot let foreign businessmen take advantage, but we cannot be too conservative, so that they don't even have the enthusiasm, so that they will not be able to do so!"

After they had a talk, Lu Dong held an economic committee meeting and decided to conduct a field investigation on the plan of Dongxing Group to acquire three state-owned enterprises in Bincheng. After meeting with the central leaders, an inspection team, led by Director Lu Dong of the State Economic and Trade Commission, rushed to Bincheng, H Province.

All parties who were originally silently paying attention to the silent were speculating on the attitude of the central government. Seeing that the Central Economic Commission sent a working group, and Lu Dong, the top leader, personally led the inspection team, many people immediately thought that the central government was very likely to support the acquisition. This speculation immediately caused an uproar in the outside world, and many bigwigs who stepped down also began to speak.

The reform of state-owned enterprises has always been an important consensus among the whole society from the late 70s to the 80s. However, no matter how to change it, all people have no constitution in their minds, and they are not enough to estimate the difficulties. The superiors’ proposal to “tend a stone to ask for directions and cross the river by feeling the stones” is also a helpless move.

Previously, Bu Xinsheng, known as the first person in state-owned enterprise reform, carried out drastic reforms in 1980 a shirt factory in Haiyan, Zhejiang, which was on the verge of bankruptcy. This reform has widely aroused discussions from all walks of life, and even the reform of this county-owned small factory with many people directly alarmed the central government!

In fact, Bu Xinsheng's reform of the enterprise was very simple. This was a shirt factory. After he became the factory manager, he implemented the piece-based system. Workers would get as much wage as their shirts, without a cap on the top and no bottom on the bottom. At that time, no one dared to do this system, only Bu Xinsheng proposed it and took action. The fashionable social name is - breaking the big pot rice!

Then he focused on production quality in the factory and compensated for two pieces of damage to one shirt.

"If you smash my brand, I will smash your job." This statement was said by Bu Xinsheng, and it became even more popular.

In addition, if you take leave, you will not be paid. If you really get sick, the factory manager will decide whether to subsidize it.

The phenomenon of taking sick leave and sleeping with mixed wages and taking small distances was very popular among state-owned enterprises in the early 1980s. Even in the busiest season of enterprise production, the attendance rate of this shirt factory was only 80%, while those who were really sick were less than one-third of the "sick leave".

Employees of state-owned enterprises who implement big pot rice think that they have a strong rice bowl, and they do the same thing as doing well and sleep in class. According to many workers, they also have to pay. Who makes the working class the owner of the factory?

Slackness in enterprises is very common and has even become a stubborn disease in China's state-owned enterprises. However, although managers are anxious about it, they have no choice but to treat this situation. Everyone bows their heads and sees it. The factory manager is also afraid of offending the workers. If they go to the city to cause trouble, it will be the factory manager's responsibility in the end.

This large-scale slackdown was even discovered by foreign media, and gave this kind of worker a special alias, called Chinese lazy man!

In addition, Bu Xinsheng also holds ordering parties every year, and buyers from all over the country who come to shirt factories quickly opened up the situation. He also did not forget to start the shirt brand, emphasizing work efficiency and quality.

This small factory with only more than one employees in 80 years. By 1983, the company reached a scale of more than 6oo employees, and two years later it reached more than 1oo employees, and the company's profit increased by 5o% every year.

Bu Xinsheng's name is well known throughout the country, and the central government has instructed the nationwide promotion of Bu Xinsheng's spirit. The central government ordered the nationwide promotion of one person, and there were only two people, Lei Feng and Jiao Yulu.

However, even such a person who is very courageous in the reform of state-owned enterprises will eventually fail.

The company expanded rapidly. In 1985, the shirt factory launched a 10,000 suit project. At the same time, the 6ooo square meter suit building started to be built. After that, the company went downhill. Bu Xinsheng was investigated and finally left the shirt factory where he once struggled.

The outside world does not know why Bu Xinsheng borrowed money to build a building, but it is enough to prove that the business of a company cannot be smooth sailing, and there will always be a declining from glory to decline. Those who succeed become kings, while those who lose are nowhere to stand.

This acquisition of state-owned enterprises was born under the background of Bu Xinsheng's investigation, and it was neither time nor place to be good. Whether it was the acquisition of Fang Dongxing Group or the three major state-owned enterprises in Bincheng, they immediately became the target of criticism across the country.
Chapter completed!
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