Chapter 33: Growing

Seeing that Zhao Guodong was no longer obsessed with this topic, Yang Tianpei also knew that Zhao Guodong actually knew that the water depth of the construction industry was shallow, so it would be normal to eat some and get some. If you have to get kickbacks based on the cost of how much it is, it would be tricky.

If you don't give it, you will definitely be dragged to death when you check out and receive it. If you give it, you won't be sure that this guy's appetite will grow bigger and he will be dragged out next time something happens. Although it has always been relaxed, it is not serious. Once there is a really opponent to frame you, this kind of thing will be the most troublesome.

The best way is to solve the problem through some disguised channels. For example, a relative of his sells a batch of materials to ensure quality but the price is higher, and he eats a little bit of price openly. In this way, everyone can get through it. However, the procedures of this method are a little more complicated, but the success is to be stable. Yang Tianpei is more willing to use this method to solve the problem.

"The restructuring in Jiangkou has not been very smooth. The First Construction Department, Third Construction Department and Fourth Construction Department are all preparing for the restructuring, but it is very difficult. The First Construction Department has too large assets and heavy liabilities. In addition, there are too many employees, no one is interested at all. The county wants to promote the way of employee shareholding, but it has been firmly resisted by the employees. The employees are unwilling to hold shares. The bank is unwilling to take out loans due to the current difficulties of the First Construction Department, so the county is also very annoyed. The Third Construction Department and the Fourth Construction Department are similar, with few assets and a lot of debts. Moreover, the employees are dispersed and the team is not easy to lead."

"The Third Construction Department and the Fourth Construction Department have no value at all. If Brother Pei is interested in their people, it is better to poach people directly. However, the First Construction Department can think about it. I heard that although the First Construction Department has heavy debts, it has a lot of assets. It is also a second-level construction company. Have you ever considered a merger?" Zhao Guodong also heard Yang Tianpei's idea. It was just that the First Construction Department is the boss of Jiangkou County construction companies and hundreds of employees. If Tianfu Construction Company wants to swallow it, it is not only a financial problem, but also a systemic difficulty.

"The main assets of Yijian Department are actually one place, which is the land in the north of the county town, which is nearly 200 acres, but it is industrial land. However, its debt is now as high as 6 million, which is far exceeding the company's own assets. There are so many old employees who are about to retire, so I thought it was not very cost-effective. The county leaders mentioned this issue to me, but I didn't agree." Yang Tianpei frowned.

"I know that the land of Yijian Department is located well, and the only regret is that industrial land is used. It costs a lot of money to change the use. If the county is really eager to throw out the burden of Yijian Department, I think it is still possible to discuss it. That is to change the use of the land. Tianfu Company can pay a part of the expenses appropriately. As for the worries of employees who are about to retire, it can also be solved through negotiation."

Zhao Guodong remembered that the First Construction Department was eventually merged by a foreign enterprise, but the land was later changed and used to add value several times. After it was resold several times, the company eventually collapsed. Employees repeatedly petitioned the county government to ask for their livelihood problems, which became the biggest hidden pain of the Jiangkou County Party Committee and County Government. Until the 21st century, it was still a big trouble for the previous Jiangkou County Government.

Instead of letting those irresponsible speculators take advantage of it, it is better to let Tianfu Company take up this burden, and hundreds of employees can be appropriately streamlined and diverted, and the remaining development momentum of Tianfu Company can be digested. This can also enable Tianfu Company to grow and grow in the shortest time, and mergers can be regarded as the fastest and most effective means.

Of course, the risks brought by mergers also coexist, which depends on whether Tianfu Company can successfully digest them in the future.

"Do you think the merger of Yijian Department is valuable?" Yang Tianpei did not expect that Zhao Guodong actually agreed with the merger of Yijian Department. In his opinion, Zhao Guodong had left Jiangkou County, and there was no need to jump into the muddy waters of Jiangkou. "Yijian Department did a bad job in the Anlan Highway project. If such a big piece of cake could be given to the current Tianfu Company, the profit would be quite considerable, but after the construction of Yijian Department, it was barely equal. I couldn't imagine what they were doing."

"What should I do? Isn't it because the abbot is poor? In the end, the government will take over these messes. Which of the bosses of Yijiansi is so fat that they are not. Who is not looking forward to Yijiansi falling down sooner and they can take the opportunity to get out?" Zhao Guodong snorted lightly. He also knew the people of Yijiansi. Although they couldn't see anything on the surface, they all had a big appetite.

"Oh, so Yijian Department's family has fallen into decline in just a few years. It is called reform and delegating power. The manager is responsible. The manager is responsible, but he is only responsible for his own pockets. Who cares about what others do in the future?" Yang Tianpei also sighed. The managers and deputy managers of Yijian Department all came from other enterprises in the county. No one in Yijian Department has been promoted. How can the company develop in this way?"

"It's not entirely the reason. The problem of enterprise ownership is the fundamental. If this problem cannot be solved, even if the problem cannot be seen for a while, as time goes by and the development of the enterprise, it will eventually accumulate and explode. It is better to change early than to change late than to change long pain, and it is better to suffer short pain." Zhao Guodong shook his head.

"Do you think our merger with the Construction Department will be dragged down?"

"Although Tianfu Company has developed very fast, its foundation is weak and it has to accumulate too slowly. The First Construction Company is a state-owned enterprise and is facing difficulties now. The government hopes that Tianfu Company must come up with some policies to support it when it comes to take over. This is one of them. As for whether it is valuable, it must be divided into two. If the debt of the First Construction Company can be classified and divested, especially the problems of some retired employees being faced to the government, it might as well give it a try."

Zhao Guodong's words made Yang Tianpei think. Many employees in the Yijian Department were his old acquaintances. At first, he also came from the Yijian Department to the Second Construction Department. He also had a lot of feelings for the Yijian Department. He also felt compassion in his heart when he saw the Yijian Department in trouble. However, now Tianfu Company is a joint-stock company and he solicited Gu Zhichang's opinions, but Gu Zhichang asked him to listen to Zhao Guodong's views first. That is to say, the opinions of the third largest shareholder were transferred by the opinions of the first largest shareholder, so he came to Zhao Guodong to exchange views specifically.

Although Zhao Guodong and Gu Zhichang both let him run the business and have never asked about business matters, the major shareholders must be solicited in such major decisions that determine the fate of the company. The county leaders have repeatedly mentioned this issue to him and have given many preferential support policies, hoping that Tianfu Company can help the government take over the burden of the next Construction Department, but Yang Tianpei never dared to let go.

But now Zhao Guodong showed a very strong interest, which made Yang Tianpei feel a little moved.

"Guodong, the next Construction Department can certainly make Tianfu Company grow rapidly, but the First Construction Department has too many employees and is used to the working rhythm of state-owned enterprises. I am afraid that they will find it difficult for them to adapt to the work efficiency of our side." Yang Tianpei pondered for a while before saying.

"It's very simple. Link their interests with the company's benefits and carry out share reforms on Tianfu Company, so that they can hold shares like the original second-level enterprise employees. I suggest that Brother Pei can consider the dividend issue. Dividends in the first year can greatly encourage the enthusiasm of ordinary employees. As for the major shareholders, it depends on the situation." Zhao Guodong said calmly, "And once the dividend plan is released, it can greatly resolve the resistance of the first-level employees, making the first-level employees tend to incorporate into us, so that the county can make more concessions."

Zhao Guodong's words made Yang Tianpei excited. He didn't think about the issue of dividends, but if he wanted to pay dividends, several major shareholders would have to account for the vast majority. This would be unfavorable for the future development of the company, but the enthusiasm of employees without dividends was difficult to reflect, which also made him a dilemma. Now that Zhao Guodong has proposed it, Gu Zhichang probably has no objection, so it will be easier to deal with it. And as Zhao Guodong said, it can also arouse the interest of Yijian employees who have always opposed the reform.

Seeing Yang Tianpei’s heartbeat, Zhao Guodong laughed: “Brother Pei, you don’t need to consider the opinions of my and Uncle Gu. Everything is based on the development and growth of the company. We are major shareholders. The development of the company will only benefit us. Do we still care about the small profits in front of us? However, whether it is dividends or stock reform, these are major events that determine the fate of the company. It requires a very careful plan and plan. I suggest that you hire a special legal consultant in the city, especially a lawyer who is good at economics to help with the planning, so that things can be considered more perfectly."

"I also have this plan. As the company develops, the scale will become larger and larger, and especially legal affairs are more and more. Some legal personnel are needed to help the company regulate. If we really want to merge with the Construction Department this time, there will be more legal things involved. In order to avoid future troubles, we must be careful in planning to avoid leaving behind sequelae."
Chapter completed!