Chapter 149: The good situation and bad news of Baiyi Town

Zhongqi Asset Management Company has always been the structure of the three giants. Even if a tycoon like Li Jingwei joins, it will not change the structure until another person joins.

In October 1991, with the rapid expansion of domestic business, two newcomers joined Zhongqi Company, making Zhongqi a new five-big leader, one was Qian Jiawei and the other was Hu Zuming.

The former is from Hong Kong. He graduated with a master's degree in corporate management at Georgetown University in the United States. He joined Morgan Dansley Investment Bank in 1983. He was transferred back to Hong Kong in 1985 to serve as the head of the Hong Kong department, responsible for corporate fundraising, stock issuance, corporate planning consulting and mergers and acquisitions in Hong Kong and Southeast Asia. Just before Goldman Sachs in Hong Kong wanted to poach him, Zhongqi International Investment Company took the lead in recruiting him to its subordinates, replacing Guan Jinsheng, who was unable to be clone, became the general manager of Zhongqi International Investment Company and the director of the consulting department of Zhongqi Asset Management Company.

Hu Zuming is another type of person. He was later called the most handsome Chinese economist. After graduating from Harvard University in the United States in 1988, he has been working as an official and analyst in the International Monetary Organization.

If Zhongqi Company does not invite him with heavy money and special ideals, five years later, he will become the chief Asia-Pacific economic researcher and director of the Ministry of Economic Affairs at the Davos Forum in Switzerland, and even served as the executive director of Goldman Sachs for a time.

This is a strong man, more like Hua Kangsheng's type. As a corporate person, it is more like an economic analyst and researcher.

After taking office, Qian Jiawei, who is very popular in the Hong Kong investment industry, quickly rehired some senior analysts and traders in Hong Kong and Singapore, trying to bring Zhongqi International Investment Company on the right track.

Hu Zuming returned to China and served as chief analyst in the Planning Department of Zhongqi Asset Management Company.

In addition to these two people, with the further expansion of Zhongqi Asset Management Company's business, Zhongqi Company has invited more people to join, especially through Zhongqi International Investment Company, which is relatively flexible in salary and treatment, it has hired a large number of senior banking and financial departments in China, and hired some professional engineering and technical chief engineers as the heads of the technical department.

Through this series of personnel expansion, Zhongqi Asset Management Company has enough manpower to operate more projects, which further expanded, and transferred several projects negotiated before September 1991 to formal operations, and began to merge and accept new projects.

On the other hand, through negotiations with the Provincial Academy of Social Sciences, Yang Shaozong reorganized the Qishan Economic Research Institute of the Provincial Academy of Social Sciences into the Qishan Economic Research Institute, and Li Zhaotang personally served as the dean. Comrade Xiao Aihua, the former director of the institute, served as the vice president. Associate Professor Tian Binjiang, who Hu Zuming met during his study in the United States, was hired as the vice president of the institute.

Tian Binjiang, born in 1953, obtained a master's degree in mathematics at Central China University of Technology in 1982, went to the United States to study, and received a doctorate in economics from the University of Minnesota in 1987. He just became an associate professor at the University of Texas in June 1991 and obtained a tenured teaching position.

In this case, Zhongqi Company successfully invited Tian Binjiang to return to China to serve as the vice president of Qishan Economic Research Institute and continued to invite I.M. Pei to be the vice president. Mr. Yan Xunqi, a famous Hong Kong designer, was invited to serve as a special consultant, and senior designer Mr. Xu Jiaqi was willing to work as a urban civil engineering planning consultant in Qishan.

Zhongqi Asset Management Company handled all this series of things very generously, but did not do much publicity. It simply prepared a bilingual Chinese and English information booklet and sent it to several cities in their target city committees - Huaihai City, Ningzhou City, and Chuzhou City.

They plan to start with these three cities and do consulting services in urban economy and planning and design, and make money while consulting, which is of course the highest goal.

Maybe they can make money without this, but everyone agrees with Yang Shaozong's proposal that they want to do higher-level work and make their careers more meaningful.

From the Big Three to the Big Five, the most obvious change of Zhongqi Asset Management Company is more delicate, and many work can be carried out in depth. Before 1992, they successively completed the acquisition of 11 domestic cement factories.

Although only two of these 11 cement factories are large state-owned enterprises in the country, and the others are relatively small, they are distributed very reasonably, have obvious industrial advantages, and have good cement industry resources around the enterprises.

In addition, they have already acquired Ningzhou Cement Plant, Huaishan Cement Plant and Huaihai Cement Plant, they are actually the largest cement provider in China, and are expected to start using unified Conch Cement in 1993.

This is obviously just the beginning. Although it is the largest in the country, their share in the national cement industry is still less than 1%. Their goal is to strive to achieve at least 40%.

According to Yang Shaozong and Hua Kangsheng's estimates, they can integrate and merge the cable and tire industries in 1992, strive to complete the rectification of the enterprises under the three major industries before 1993, and start new expansion in 1993.

Of course, there is a more focused question in front of them, that is, around March 1992, the central government will officially give them the car license plate, how should they operate this matter.

New entrants in China's automobile work began to develop in 1992. What achievements can they achieve?

Almost at the same time, Qian Jiawei, the general manager of Zhongqi International Investment Company in Hong Kong, quietly arrived in Taiwan and began to contact Taiwan Yuhua Automobile Company, hoping to join forces with Yuhua Automobile Company to operate the mainland automobile industry.

The reason why Yang Shaozong chose Yuhua was precisely because he had joined forces with Yuhua, but he had to part because he couldn't get a license for a long time. This is really a very sad thing.

Those seem to have become history. At this time, Yang Shaozong was standing in the most proud stage of his life. Although there were countless crises behind it, he himself actively sought a change with the help of Zhou Chang'an, Li Zhaotang, Wang Zhongquan and others.

At this time, Yang Shaozong was a member of the Provincial Economic Committee, a national representative, a special associate researcher at the Economic Research Institute of the Provincial Academy of Social Sciences, a director researcher at the Qishan Economic Research Institute (deputy department-level treatment), and a graduate student in the major of macroeconomics at the School of Economics of Changjiang University.

At this time, Yang Shaozong also had his own think tank. Li Zhaotang and Xiao Aihua would give him advice. In Li Zhaotang's words, the situation Yang Shaozong is facing now is a rookie wall, and the most unprecedented suspicion he encountered in the officialdom.

Yang Shaozong is too strong, and leaders at the provincial party committee level still welcome such strong cadres. It is hard to say below. The municipal party committee and county party committee are probably in love and hate, and even hate is greater than love. Ji Changyu used to trust Yang Shaozong, but now he has deliberately set a deep distance. Ji Changyu did his work in the county and tried not to have too much to do with Yang Shaozong.

As for the development of Qishan Town and various issues, the municipal and county committees cannot and dare not ask about it. They did not ask about it, but only they themselves know what they were thinking.

Leaders from other places and provinces envy Yang Shaozong in Huaihai City. The real taste and ups and downs here are probably Zuo Liangxi and Ji Changyu knew in his heart that if Wang Zhongquan had not had a good personal relationship with Yang Shaozong, he would have tried some ways to teach Yang Shaozong a lesson and let him know who his leader was.

Therefore, if Yang Shaozong wants to continue to follow this path, he must still take a detour, otherwise this stage of developing from the deputy to the department level will be very difficult.

The crisis is hidden in the darkness, and perhaps not many people know it.

All people can see is the scenery of Yang Shaozong.

1991 passed like this.

The buzzword for this year was "weakness". The turmoil in the international community brought the private economy, which had just recovered in 1990, to its origin. No one in society hoarded goods anymore because the warehouses of various state-owned factories were filled with goods that could not be sold.

This year, migrant workers were also called "blind flow". This year, there was a flood in East China, and even the Huaihai area was deeply affected. Changzhi County, located on the west bank of Lake Biwa, broke out in cold sweat. When the flood was at its peak, the leaders of the provincial party committee made it clear that "it would rather blow up the lake dam on the west bank than let the flood enter Qishan."

If the Hubin Regulatory Reservoir in Qishan Town had not been completed in advance and played a crucial role in protecting Qishan Town, Changzhi County would have really encountered this natural disaster.

Although more than 6,000 acres of fish fry in the reservoir were washed away and the banner farm suffered heavy losses, it once again proved Yang Shaozong's long-term vision in infrastructure construction. When Yang Shaozong proposed to build another four apartment communities of 10,000 households in the town, and they were all small high-rise apartment buildings with a total of more than 12 floors, no one dared to raise objections.

This year, the Soviet Union broke up and prevented it from happening. Everyone began to actively prevent similar incidents in China, and the political and economic atmosphere were tightened in an all-round way. At this time, the Liberation Daily published four consecutive editorials criticizing economic conservatism and rigid new ideas. The person who wrote the article was Huangfu Ping, and the person behind him was Rong ***, the former Songzhou Municipal Party Committee and Chief Deng, who had just become the vice premier.

This year, the State Council issued the "Notice on Continue to Actively and Steadily Carrying out the Reform of Urban Housing System", which officially launched the national housing reform. Before the State Council's Housing System Reform Leading Group put forward the "Opinions on Comprehensively Promoting the Reform of Urban Housing System", the editorial of the People's Daily on October 7th was the first to promote the publication of this opinion and published a report on the housing reform of Qishan Town.

Qishan Town’s development and distribution system for commercial housing has caused controversy across the country. People began to discover that when Qishan Town, the model and flag-maker of the construction of socialist common prosperity, began to build commercial housing, there seemed to be nothing wrong.

Before other enterprises and institutions smelled the smell, Zhongqi Land Company, a subsidiary of Zhongqi Group, began to acquire land on a large scale in first-tier cities across the country. Their strategy was to directly negotiate with the leaders of the municipal party committees in various places to establish the most beautiful international apartment communities for these cities.

Zhongqi International Garden City is the largest land brand during this period, and Qishan International Garden City is a model that you can see. Especially those leaders who have visited Qishan are particularly active in this regard. Many land transfers are basically carried out at very low prices.

In Songzhou, Zhongqi Land Company has successively obtained more than 20,000 acres of land in Pudong and other places, promising to build a new city with a population of one million in Pudong for Songzhou, and named Zhongqi Pudong International New City.

The transfer price of land is very cheap, but Zhongqi Land Company promises to invest at least more than 4 billion yuan in construction funds and complete the entire construction in a period of fifteen years. From highways to other infrastructure, Zhongqi Land Company is responsible for it.

In addition, Zhongqi Land Company agreed to list on the Songzhou Stock Exchange, rather than Shenzhou, which has been negotiating and contacting in advance.

Although enterprises across the country are facing huge economic difficulties, Qizhen Group and Qifang Group have achieved brilliant success. In the merger of more than 40 state-owned factories, Qiban Company quickly achieved the first-class national scale in the three fields of cooking oil, vinegar and soy sauce through OEM OEM production. Although the task of complete rectification is still long-term, and the remaining employee problems of up to 70,000 people still need to be resettled and diverted, Qiban Company has at least become the core enterprise under Qizhen Group again, occupying the largest scale in assets.

After joining the Qizhen Group camp, Jianlibao truly expanded its sales scale to the whole country, and even in the rural market, Jianlibao can be seen everywhere. Jianlibao directly applied the new formula of the original Jialixi in the national market, launched a variety of new products, and further expanded its market segment in the field of professional sports drinks.

Qiwen Group's scale in the national textile field has further expanded. In June of that year, with the support of the provincial party committee leaders, Qiwen Group invested 43 million yuan to acquire the Senda Leather Shoe Factory, which had good benefits, and reorganized it into Senda Company, and designed a new "Baoxi Bird" brand for OEM production.

Also using OEM production, in cooperation with the gymnastics prince Li Ning, Qifang Group jointly established a new Li Ning Sports Clothing Company through a public-private joint venture with Li Ning.

Compared with Qiwen Group's acquisition of Chuzhou Textile Factory, Chuzhou Chemical Fiber Corporation, Chengdu Textile Chemical Fiber Factory, Weizhou Chemical Fiber Factory, and Weizhou Second Textile Factory, it is two small matters to acquire Senda and Hege Co., Ltd. to establish Li Ning Company.

In 1991, stimulated by the hot sales of health foods such as Jin Fuji, LeBae Prebiotics, Park Erfuge Oral Liquid, Qishan Health Hall American ginseng lozenges, Qishan local output value finally exceeded the 10 billion yuan mark in this year, and reached 11.4 billion yuan. Health foods such as Jin Fuji contributed about 55% of the total output value and about 77% of the profit and tax.

Among them, Kim Fuji's total sales in that year reached 4.7 billion yuan, and profits and taxes were paid 479 million yuan.

This year, Kim Fuji became a well-known trademark in China. I don’t know if the judges had ever eaten Kim Fuji, but they always praised Kim Fuji. The contradiction between the Chinese economy in 1991 was here. While criticizing the development of private enterprises and township enterprises that disrupted the national economy, Kim Fuji, who was actually a joint-stock company, was praised by everyone in the face of the economic miracle it achieved.

Some people say that if every company in China can be as successful as Jin Fuji, China will surpass ***.

At this time, everyone dared not climb up to the economic achievements of the United States, and always felt that it was unlikely to surpass ***.

At the end of 1991, the People's Daily, which obtained the economic data of Qishan Town in advance, once again published a second report on China's No. 1 town in front of other newspapers, happily announced that it was China's first town with an output value of 10 billion yuan, and the real No. 1 town in China.

Unlike others, Yang Shaozong knew very well that most of the economic achievements of Qishan Town depended on the Chinese health products market. Jin Fuji Company is becoming more and more like a miracle doctor selling fake medicines, and maybe one day it will collapse.

In 1991, the permanent and out-of-town employment population in Qishan Town surged to 170,000, an increase of nearly 100,000 from 1989. The total number of members of Qishan People's Commune increased to 77,000. Among the more than 8,000 newborns and Qihe, the majority of those who agreed to join in the future were high-knowledge talents such as Hua Kangsheng, Xiao Aihua, Guan Jinsheng, and even Wang Shu and other experts in the field of computer science in the country. Such people are called Xinqishan people.

Almost every time the national media reports, the population of Qishan Town will expand once. As the only unplanned town in Jiangdong Province, Qishan Town is already a county in terms of finance, project approval and other rights, and the administrative level is the deputy county level. The average retention rate of fiscal profit and tax is 37%, which is 10 points higher than that of other townships on average.

This is actually the biggest conflict between Qishan Town and Qizhou City. Qishan Town’s finance and taxation were intercepted by 37% locally. The interception of Huaihai Prefectural Committee and Provincial Party Committee is still at 1/5. One quarter of the remittance to the state is definitely not allowed. The part originally belonging to the Qizhou Municipal Party Committee was cut by 10 points.

These 10 points usually mean 110 million yuan, and the leaders of Qizhou City are certainly not satisfied.

Qishan Town is the real beneficiary. The total amount of private profit and tax in 1991 was 407 million yuan, almost twice that of the Qizhou Municipal Committee. However, Yang Shaozong only had to manage one town, and there were a large amount of commune assets available for invocation in this town.

With the increasing number of people in Xinqishan, the Qishan economy has actually begun to be gradually operated by people in Xinqishan. The Qishan People's Commune Management Committee even secretly adjusted the rules and regulations for return to external employment, allowing higher standards to be given to first-class experts, scholars and professional managers. For example, Hu Zuming returned to China to work in Zhongqi Company this time. His actual annual salary plus subsidy is one million yuan, and the bonus is calculated separately.

The people of Xinqishan also began to gradually join the big wave of public-private joint ventures in Qishan, and established hundreds of small companies to do business in Qishan that outsiders even couldn't understand. They sold copiers, computers, and even made software and made Han cards. They gathered at Hongqi Square and Changjiang Road, seized every opportunity when leaders of municipal party committees and other companies came to Qishan for inspection and sold them the products they represented.

Wang Shuhe, who once made special contributions to Lenovo's establishment, was the leader of these people. He was responsible for investing shares in these small companies. At that time, there was a man named Xu Wei who borrowed money to buy a photocopier and opened a storefront store in Hongqi Square, which was specifically responsible for copying documents for people.

Wang Shuhe has invested a lot of money in such a small store.

Wang Shuhe is definitely not a good angel investor. He doesn't even know what he has to do with angels. He just thinks that these college students who have suffered losses are pitiful and have good ideas. It should be a good thing to lend them some to start businesses, and Yang Shaozong's idea is similar to his.

At this time, no one expected that Xu Wei would later sell the Canon photocopier he bought to the whole country and once became the largest agent of the Canon brand in China.

Such examples were very common in Qishan later. People later summarized the reasons. The only conclusion was that Qishan had the largest logistics company in the country at that time - Qizhen Jetta Transportation Company. As long as the goods were shipped in Qishan, they could be delivered to cities across the country in the shortest time.

Qizhen Jetta Transportation Company later became China United Transportation Group Corporation. Jiang Yonghua, the chairman of this company, was originally the deputy director of the dispatching room of Ningzhou Railway Bureau. He was only 25 years old when he joined Qishan Food General Factory as the director of Qishan Food Transportation Department. He said that he did not have much thought at that time and did not know what kind of company he wanted to build. He went to Yang Jianlin. Yang Jianlin said what the largest foreign logistics company looked like? He said he didn't know, and Yang Jianlin didn't know, so he searched the information together and found that the largest logistics company in the United States was FedEx.

So, Jiang Yonghua said that we would also build a FedEx company in China. Yang Jianlin said that we should do this, but at that time they did not know that FedEx in the United States is actually another model in the logistics industry. They did not understand it very much, so they took a detour, but this detour unexpectedly made them particularly successful.

In 1991, the Jetta Transportation Company of Qizhen Group had already taken some wrong paths. They set up stations across the country and set up large warehouses in each place to follow FedEx, which brought them a great economic burden. It was once the only company under Qizhen Group that was losing money, but they still survived.

In this process, they continued to expand their business, and even the business of a small agency like Xu Wei was developed, and finally developed. Xu Wei and others also relied on Jetta Transportation Company to make their first pot of gold in their lives.

In 1992, Yang Shaozong hurriedly wanted to hold the second China Economic Forum, and was preparing to hold a China Small Commodity Fair immediately afterwards, followed by the China Food Industry Expo.

I thought it very well, but it was a blow after a while.

By the end of January, Qishan was already ready. A deputy director of the Economic and Trade Commission, who accompanied Chief Deng to Qishan for inspection last time, arrived at Qishan. This person had two tasks. One was to send the name of the Qizhou University titled by Chief Deng to prepare for the official opening of the school in the fall of 1992; the other task was to inform Qishan that Chief Deng planned to go to Shenzhou and other coastal cities this year, and he should not come to Qishan for inspection.

The worst thing is that this person and Yang Shaozong revealed something. It is basically because Qishan has merged too many state-owned enterprises in the past two years, which has caused a rebound from the Planning Commission and many conservatives. Everyone always thinks that this matter will be very bad if it continues. Many people's opinions are directly fed back to Chief Deng, which should be one of the reasons why Chief Deng will not come here.
Chapter completed!