Chapter 298 Looking Down on State-Owned Enterprises: Harsh I

ld be dominated by Huasheng Group's technology patents. 。What Huasheng Group needs to do now is simple: to be the king of displays, and to be the king of displays globally.Whether it's televisions or..."Mr. Lu, our group is very interested in investing in Yitro." 。"As for one-to-one tutoring, we've learned a lot. Let me lay out a condition, Mr. Lu, you guys can consider it." 。I invested ten billion yuan to become a shareholder in Yitro, holding 49% of the shares. Secondly, I want management rights. 。After investing, a drag needs to undergo share reform and internal reform. All employees and management need to be assessed, and those who do not meet the standard will be cleaned out. 。In the future, there will be no room for idle people. Don't bring out bureaucratic nonsense either. 。In the reception room, Xu Huasheng laid out his terms: “Our company is managed by our team, and we’ll make sure everyone gets their fair share of dividends." 。Ten billion yuan investment, accounting for 49% of the shares, and management rights. 。After Yitong accepts investment, it needs to carry out shareholding reform. From top to bottom, a thorough overhaul is required to establish a more efficient, scientific and comprehensive management system and talent selection system. 。After accepting investment, Yi Tuo can prioritize the introduction of Huawei Group's latest technologies and the purchase of Huawei Group's chipset products to create more competitive products. 。For YTO Group, accepting the investment from Wanhua Group is undoubtedly beneficial. After accepting Wanhua Group's investment, YTO will rapidly expand and eventually become a global agricultural machinery giant without any problems. 。But for some people who rely on the system, it may not be a good thing at all. 。After the shareholding system reform, leaders who used to be in charge of each department might be replaced. Those who saw the company as a cash cow would inevitably lose their source of income. 。To be frank, even Lu (General) could possibly be removed. 。Although at that time, in name it would still be a state-owned enterprise, with the state still holding the majority stake, Huasheng Group would have management rights. This would be equivalent to a state-owned enterprise entrusted to Huasheng Group for management, and all its future actions would be entirely up to Huasheng Group. 。If you want to regain control, the Wah Hing Group will immediately withdraw its shares. 。

Hua Sheng Group management is very strict. Even if you are not laid off, trying to make money again will be almost like courting death.

Many things that could be approved with a single sentence before now require layer upon layer of reporting. Even business trip reimbursements are strictly monitored, like shackles being placed one by one. 。This kind of management and the current one-dragging management are completely different modes, totally different. 。"General Lu, the shareholding reform is definitely a good thing for the First Tractor Factory. But you also need to consider the changes that will happen after the reform. You can report on this." 。If you accept the terms of our Hualing Group, we can naturally invest in your company. With our technology, capital, and management team, we are confident that we can transform it into a world-class agricultural machinery giant and take it public. 。"If you guys aren't willing to accept these terms, that's fine. Business isn't about morality, after all. We can just build our own farm equipment company then..."

Xu Huasheng finished laying out his conditions and looked at Mr. Lu. After hearing Xu Huasheng's words, Mr. Lu fell into deep thought. The terms Xu Huasheng offered were not easy to fulfill...

Mr. Xu, I need to make a phone call to ask... 。After much deliberation, Lu Zong spoke. Xu Huasheng nodded and directly provided Lu Zong with his phone number. 。He knew that even Lu Zong couldn't make the call, and he needed to consult with higher ups. 。Entering the room, Lu always started making a phone call. 。Xu Huasheng wasn't in a hurry either, he directly had people receive these technical personnel well. 。It's noon right now. The people from Huasheng Group took these technicians directly to the cafeteria at Huasheng Group headquarters for lunch. 。In the canteen, watching the dining treatment of Huawei employees, these technicians swallowed one by one, their eyes filled with envy. This meal allowance is much better than the small stove of a leader who pulls one cart. 。Look at the smiles on the faces of the employees of the Huasheng Group, these people are more curious about the Huasheng Group. 。"Mr. Xu, we agree to all the conditions you mentioned. We have agreed to this matter." 。“The above means they're treating us as a pilot program…”

I don’t know how long it took, but eventually Mr. Lu walked out of the room. Seeing Xu Huasheng again, Mr. Lu said seriously, 。For the terms of Huawei's investment, we agreed. They are willing to take Yitong as a pilot project and see what kind of changes Huawei can bring to Yitong. 。Let's see if introducing the Huali Group can bring about a qualitative change to Yitang. If it truly does, then many state-owned enterprises in the future could serve as references. 。As for the worry that Huasheng Group would swallow up a "yiduo", those who understand Huasheng Group's top management all laughed. Just a "yiduo" The amount of money leaking from between the fingers of Huasheng Group is worth more than a "yiduo". They wouldn't even look at something as insignificant as that. 。Many high-level executives understand that if it wasn't for the state-owned enterprise status, no one would invest in the company. You don't see any major companies taking interest in a small workshop. 。"Well then, Mr. Lu, let's talk about the specifics..."Since things were agreeable on that front, Xu Huasheng didn't say anything more. Although this would mean he'd take a bit of a loss, Xu Huasheng was still willing to do it... 。In this world, not everything that money can buy should be earned or hoarded by oneself. 。Money can never be earned enough. The reason why Huasheng Group is now involved in so many industries, apart from the fact that some things must be kept in their own hands, is also because there are few domestic enterprises that can provide supporting products for Huasheng Group's products. 。For example, with Huawei's phones. In the current smartphone industry chain, things like chips, batteries, and antennas, there are no domestic manufacturers capable of providing support for Huawei. Therefore, Huawei can only establish its own companies to manufacture these components itself. 。For example, in the automobile industry chain, domestic parts manufacturers find it difficult to provide supporting components for Shanhai Automobile. 。Because the technology is too poor and the production capacity is low. 。Most of the parts used in Shanhai cars are not made by domestic manufacturers, and even a simple plastic shell cannot be done well.

Importing parts from abroad is too expensive, so Shanhai Cars can only build its own entire industrial chain. 。Shanhai Automobile Construction's industrial chain in the future will not only provide support for Shanhai Automobile, but also for other car manufacturers in Huaxia. This can drive the rapid development of the entire Huaxia automotive industry. 。In the future, Huasheng Group will enter many industries, using its technological advantages, management advantages, and financial advantages to drive the rapid development of many industries. 。When it reaches a certain stage of development, the Huasheng Group must undergo industry contraction. 。The exit involves divesting from shares, selling off the company, and gradually withdrawing from low-end or low-profit industries. Funds are then poured into higher-end industries to become the leader of Chinese technology companies. 。Now, the Huasheng Group is like a nanny 。Many domestic enterprises are just like infants. 。The Huasheng Group's nanny, not only can protect these babies, but also can feed these little babies, cook, and let these little babies grow up. 。When these little babies grow up, the wet nurse can no longer keep them tied to her body. By then, it will be time for the child to go out and make their own way in the world. 。kicking is good, this thing isn't something that can be produced all at once." 。Just like building a house, you can't build the roof without first laying the foundation. 。Industrial strength is also t...