The Sichuan-Sichuan Bus Factory had an ill-fated fate. It rose from humble beginnings and was once one of the most economically profitable companies in the Ministry of Transport. In the mid-to-late 1980s, its products were exported to many countries.
The so-called prosperity and decline, slow replacement and extremely low production output caused this once-splendid company to decline rapidly in the late 1980s.
In 1992, Xiangjiang Taibangxing was leased for 15 years at a price of more than 60 million, turning the company into a Xiangjiang-owned enterprise and becoming a landmark event in Sichuan and Sichuan Province's opening up to the outside world.
Unfortunately, this cooperation fell through in less than a year. In the past few years, this company has been relying on financial subsidies to maintain its operation, which has become a huge burden for the government.
Li Yuhang has been studying this year how Zeng Taibang Bank can operate as a sole proprietorship, even if it is only a lease for fifteen years.
You must know that currently in China, private proprietorships cannot obtain automobile production certificates at all. Even foreign investors are the same. Whether it is Volkswagen or General Motors, they have to enter into joint ventures with domestic car companies. It is simply impossible to produce wholly owned vehicles.
Li Yuhang has always been obsessed with the automobile industry. Whether it is Jianan Transportation Company or several major logistics companies under the Jianan Group, the demand for automobiles is very large. Moreover, the 21st century is coming, and the domestic automobile market will usher in explosive growth. So what can he do?
Don’t go in and get a share of the pie.
As Li Yuhang is determined to establish a consortium, it is not enough for him to only have light industry and finance. He will not give up on the heavy industries that he can enter, and automobiles are one of the industries that he is extremely interested in.
Although Sichuan-Shu Automobile Factory is now lonely and not very valuable, this company was once very powerful, manufacturing passenger cars, special tractors, and trucks, and it was quite famous in the 1980s.
Of course, there is also the problem of the engine that affects Li Yuhang's investment. This thing is the heart of the car. Without this guarantee, even acquiring the provincial bus manufacturer will be of little use. After all, this automobile factory itself has no way to manufacture the engine.
On the morning of May 11, Li Yuhang and new assistant Wang Xueqin walked into the Provincial Bus Manufacturing Factory accompanied by the director of the Provincial State-owned Assets Supervision and Administration Commission.
In the past two years, Li Yuhang has read a lot about this bus factory, but only when he actually came in did he realize that it was old and deserted.
What made him even more unexpected was that because the efficiency was getting worse, many technical staff here had been transferred away. There was basically an empty shell left here, and the rest were just ordinary workers and managers. This made Li Yuhang quite disappointed? It’s just that
After looking around, he had already given up on the acquisition plan.
There are still a lot of employees in this factory now? There are people in various departments, but you don’t know the specific situation? You still can’t find the problems inside? It was also Li Yuhang who took a serious look at it, and after some chatting, he realized that all the capable designers and engineers were gone.
Now this is a complete burden. Li Yuhang is not interested in losing money in it. For some reason? He simply cannot fully acquire it? Judging from the current situation, his acquisition of this company is basically a loss-making transaction.
The former glory has long been hollowed out. Even Shudu Bus Factory is better than the provincial bus factory. Many elites have also been transferred to Shudu Bus Factory.
Perhaps sensing Li Yuhang's thoughts, Liu Jianfeng, director of the Provincial State-owned Assets Supervision and Administration Commission, said: "Mr. Li? Although the Provincial Bus Factory is currently in decline, the company's technical reserves are still very good? I believe that with you at the helm, the Provincial Bus Factory will
will move towards glory again.”
"Director Liu? I personally hope that the Provincial Bus Manufacturing Plant will rise again, but what's the situation now? I believe you know better than me? Apart from a production license? How much else can this factory provide now?"
Liu Jianfeng was helpless about this. The current situation can only be blamed on the loneliness of the manufacturing plant itself. It is impossible for them to continue to waste outstanding talents here.
He also knows what Li Yuhang thinks. He is not the only one in the past few years. The reason why this factory has not been able to be transferred for a long time is mainly because the buyer hopes to buy a company with R&D, design, and vehicle manufacturing capabilities, instead of just some people who are just messing around now.
A shell company for employees.
"There are still many employees in the factory. Although their experience is not very rich in comparison, most of them are still young and they are relatively energetic. As long as they can see hope, I believe they will definitely be able to make contributions to the factory.
"
Speaking of young Li Yuhang, he was even more angry. Many of them were successors. He would rather hire retired people in the factory than use this group of people. He is a businessman, not a charity, let alone raising moths.
At present, private enterprises cannot obtain automobile production certificates, otherwise they will not pay attention to the manufacturing plant at all.
Li Yuhang is not particularly clear about when private companies were able to obtain automobile production certificates in his previous life. Anyway, it was unlikely in the past two years. It was probably around 2000.
Now if he wants to legally manufacture cars, he must cooperate with state-owned car companies, otherwise it will be illegal manufacturing. There are many illegally manufactured vehicles on the market, and these will definitely be rectified.
Li Yuhang thought for a while and said loudly: "Director Liu, I wonder if you are willing to sell the technology and brand of the Provincial Bus Manufacturing Factory? Or you can use these two as capital, and we will establish a new automobile company."
Liu Jianfeng was quite speechless. He didn't understand what Li Yuhang meant. He wanted the brand and technology, but these people didn't want any of them. How could he dare to agree to Li Yuhang's operation? The manufacturing plant was lonely, but there were thousands of employees there.
People, as long as it is a joint venture with Li Yuhang based on brand and technology, what will happen to these thousands of people?
They drag the brand and technology of this factory, not because they want to sell it for a lot of money, but mainly because they want to provide jobs for thousands of people.
For example, Li Yuhang this time, no matter how it is discussed, the money Li Yuhang acquired for the shares will directly belong to the manufacturing plant and be used for the development of the manufacturing plant and to reverse the current situation of the manufacturing plant. Their superiors will not come to take the money. Now
The main thing is how to get rid of this baggage.
It turned out that Li Yuhang was just like them, and would rather establish a new car company than take over the thousands of employees. This gave Liu Jianfeng a very headache.
He didn't understand. When Li Yuhang took over the Guocheng Silk Company, tens of thousands of employees didn't even frown. The manufacturing plant now has ten times fewer employees than the Silk Company. Why is Li Yuhang not willing?
"I can't make the decision in this regard, and the brand, technology and even the employees in the factory are connected. If we just sell the brand and technology, I'm afraid the superiors will not agree.
The employees in this factory are not incompetent, they just haven't caught up with the times. As long as they have the opportunity, I believe they can realize their own value. Why can't Mr. Li provide them with a platform and opportunity?"
Li Yuhang complained in his heart. He really thought that his money was brought by the strong wind. To enter the automobile industry and quickly open up the situation, he needed elites instead of cultivating new people.
As for young people, they are needed by the company, but that will happen after it develops. Now he has neither time nor so much capital to spend on young people with little skills and abilities.
"I personally very much hope to reach cooperation with the provincial government. After I go back, I will discuss it with several shareholders and ask Director Liu to report my previous opinions to the superiors."
When Liu Jianfeng heard this, he knew that Li Yuhang was planning to give up the acquisition of this manufacturing plant. Going back to discuss it was just talk. Those so-called shareholders, he knew very well what was going on.
Looking at this manufacturing factory, he sighed again in his heart. He had run for this many times in the past few years. He was eager to get rid of this burden, but it was a pity that the final result failed him again and again.
disappointment.
I originally thought that taking advantage of the listing of Jianan Supermarket Group and its assets to increase significantly, Li Yuhang would take over this manufacturing plant, but now it has come to nothing. He does not know when he will be able to relieve the government of this burden.