In the afternoon, Li Yuhang arrived at the Municipal State-owned Assets Supervision and Administration Commission to communicate with Wang Jianfei, the head of the Municipal State-owned Assets Supervision and Administration Commission, on the acquisition of municipal department stores.
To Li Yuhang's surprise, Tang Jianming, the deputy chief executive of the municipal government, also appeared here. It seemed that the municipal government attached great importance to the city's department stores.
In Wang Jianfei's office, Tang Jianming first chatted with Li Yuhang about the situation of Jianan Supermarket Retail Company and Jianan Vegetable Development Company, and then changed the topic to the city department store.
"Mr. Li, I have listened to the detailed report on your negotiation with the city department store this morning. The demands of the department store's senior management are a bit excessive. I just want to ask if you can make concessions. You must know that the department store has more than 300 employees.
, if these people lose their jobs, it will also be a huge pressure on our government."
One of the biggest problems facing the government now is the placement of laid-off employees. Many state-owned enterprises are obviously operating at a loss, but they cannot close down casually in order to prevent these workers from being laid off.
The city government hopes that Jianan Supermarket will try its best to ensure the jobs of these employees after acquiring the city's department stores. This will not only reduce the burden on the city's finances, but will not cause additional trouble to the government.
Li Yuhang also knows that it is impossible not to close the department store employees. In this case, the government probably will not be willing to sell the department store to him.
He responded: "Mr. Tang, if ordinary employees are willing to work in our Jianan Supermarket, I will naturally welcome it. If the management is willing, I will accept it, but they must obey the arrangements. I will not arrange positions for them based on seniority. How big is that?"
You can sit in as many seats as you can. Naturally, I can’t support those who are just getting paid to get by.”
Seeing that Li Yuhang was willing to take over the city's department store employees, Tang Jianming felt much more relaxed. As for whether these people were qualified, that was not the government's business, and the government was not their nanny.
After working in a department store for so many years, if you are not even qualified for the job, it only shows the incompetence of these people.
Thinking about these people, Tang Jianming became angry. The city department store was considered a relatively high-quality property. It didn't even require rent, but it had been losing money for several years. It made him angry.
If it were really helpless, the government would not think of selling it. Rather than selling it to a company in Rongcheng, it would rather the company be acquired by a company in this city.
Tang Jianming said with a smile: "I have no objection to city department store employees arranging work according to their abilities. Next, you can discuss the price with Wang Jianfei. I went to the department store. I believe that most of them know how to obey the organization's decisions."
Li Yuhang naturally had no objection to this. He was not afraid that the senior management of the city department store would not be very friendly to him. Tang Jianming went to communicate with them and believed that they knew how to choose.
…
After sending Tang Jianming out of the office, Li Yuhang began to negotiate with Wang Jianfei.
Regarding the acquisition of a company, it cannot be decided in one or two sentences. There are still many things that need to be communicated one by one, especially the acquisition price and the responsibility of the city department store.
After half an hour of negotiation, Wang Jianfei adjusted his glasses and said solemnly: "Mr. Li, I can't make any concessions on the price of 8.5 million. This is also the bottom line drawn by the municipal government.
This is because the city government supports local enterprises. Otherwise, it would never be possible to sell you a department store in a prime location so cheaply, and it has contacted four banks for a full loan.
Please also ask Mr. Li to understand our government's difficulties. I believe that with your business capabilities, you don't care about the extra money."
Seeing Wang Jianfei's expression, Li Yuhang knew that even if this was not the government's bottom line, it was not far off. He did not lower the price again. After all, he wanted to leave some room for Wang Jianfei, so that he could also take some credit.
"Sir Wang, I accept the purchase price of 8.5 million, but all the debts outside the city department store have nothing to do with our Jianan Supermarket. In this regard, when we made the acquisition, we also hope that you will set up a liquidation committee to liquidate the debts of the city department store.
."
The city department store must have debts. Li Yuhang didn't know the exact amount, but he estimated that it was at least several million, especially in terms of payment. Li Yuhang would not be taken advantage of, and he would not answer these questions.
Wang Jianfei smiled and said: "Mr. Li, please rest assured that all the debts of the city department stores will be taken over by us. At that time, you only need to accept the department store building, the internal shelves, and the department store employees."
In the past few years, department stores have issued financial statements every year. Although there are some losses every year, there are not many external debts. The hundreds of thousands that Li Yuhang discussed with Li Yuhang are actually to deal with the external debts of the city department stores.
After several big issues have been agreed upon, some small details will be much faster. There will be no problem with the loans from the four major banks. The heads of the Guocheng branches of the four banks will come tomorrow morning. Then all the parties need to sign is enough.
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If the city government wants to finish the deal with the city department store as soon as possible and avoid unnecessary complications, they have already received news that Jincheng Group Commercial Company is preparing to be listed on the Shanghai Stock Exchange. The other party's acquisition of the city department store will help promote the process of listing the company.
The Guocheng City Government is worried that in order to help the Jincheng Group Commercial Company to go public, the city department stores will be directly transferred to the Jincheng Group Commercial Company, which will be a huge loss to the Guocheng City Government.
Selling to Jianan Supermarket will not only provide more than 8 million yuan to subsidize the city's finances, but also support the development of local retail enterprises, which will have huge benefits for Guocheng City.
Otherwise Tang Jianming would not have discussed with him today, and would have gone to the city department store to do work in person.
Now what the city government needs is speed and speed, and it needs to get things done before the provincial decision is made. In this way, it is impossible for Jincheng Group Commercial Company to take away the city department store without spending a penny.
Li Yuhang's current information is still very limited, and he doesn't understand these things at all. He only feels that the government attaches great importance to the city department store, and it also attaches great importance to him.
Li Yuhang was very happy after walking out of the Municipal State-owned Assets Supervision and Administration Commission. He could only wait for tomorrow to become the retail leader in the main urban area of Guocheng City. After half a year of careful management, he would be able to expand to surrounding counties and cities and fulfill his original ambition.
Very promising.
At this time, Jincheng Group Commercial Company was also active. They were at the juncture of sprinting to go public. It would be of huge benefit to their company if they won the Guocheng Department Store.
They originally thought that since they had no rivals in Guocheng, they could easily take over the company, but they didn't expect that a little-known company would appear and be highly trusted by the Guocheng government, completely ruining their plan.
They were obviously unwilling to accept such a result. As a relatively well-known retail group in Sichuan and Sichuan Province, they had a wide network of relationships. They knew that the higher-level Rongcheng government could not interfere with Guocheng's decision, so they approached the province, hoping that the province could help them acquire it.
Fruit City Department Store.
And they also gave reasons. The main reason is that Jianan Supermarket Retail Company has limited funds and limited scale, and it is simply unable to develop Guocheng Department Store well. Therefore, the Guocheng government-guaranteed loan may not be recovered.
So a smokeless battle began. This was also the first confrontation between Jianan Supermarket Retail Company and Jincheng Group Commercial Company, and it was a confrontation without Li Yuhang's knowledge.