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Chapter 863 Mergers and acquisitions turmoil

Chapter 863: Merger and Acquisition Storm

The first negotiation of Xinguang Paper to acquire Chenxi Paper failed because the gap between the two sides was too large and it was impossible to reach an agreement.

The terminated negotiations remained stalemate until mid-June and were not restarted.

In mid-June, Huaxi Mining was established at a speed that ordinary people could not imagine. The State Council also allowed Kumho to hold shares in Huaxi Mining, a resource-monopolized enterprise, as a private institution. At the same time, Zhongjing Microchip, which is indirectly controlled by Kumho, introduced Deyi's capital injection, and Kumho's subsidiary Aida Electronics reached a technical cooperation agreement with Toshiba.

The attitude of the Jiangnan Provincial Party Committee quietly changed at this time. During Zhang Ke's time in Hong Kong, the second negotiation of Xinguang Paper to acquire Chenxi Paper was successfully launched.

Zhang Ke originally thought that even if the second negotiation was not successful, it would shorten the gap in perception between the two sides, but he did not expect that such a thing would happen today.

"The investment promotion matter is all subject to Jinhu Commercial. I will ask Ye Jianbin to contact Secretary Wang Weijun on the initiative," Zhang Ke no longer had the intention to chat with Luo Jun on the river embankment, "I'm going to rush to Jinshan now!"

Luo Jun did not try to keep Zhang Ke, nor could he speak to keep him. Unexpectedly, when the momentum of Jinhu surged, Kingsoft would cause such a mess in the merger and acquisition case. Generally speaking, the merger and acquisition case is still in the negotiation stage. Even if the negotiation conditions are harsh, ordinary employees will not know it. How could they gather to make trouble? With Luo Jun’s understanding of Jinhu, Jinhu could not occupy any state-owned assets in the merger and acquisition case. If such a thing happens, and using his toes to consider the problem, there must be someone behind it.

Once the merger case is forced to terminate for this reason, the relationship between Kumho and Jiangnan Province and Jinshan City will be greatly regressed. Even if Kumho Commercial has the ability to bring a large amount of foreign exchange investment to Jiangnan Province and Jinshan City, some people do not want to see Kumho in Jiangnan Province and Jinshan City's momentum soaring. After all, Chenxi Paper's acquisition for Kumho will also harm the interests of some people. It is normal for these people to make trouble behind the scenes. The key is that the attitude of the Jiangnan Provincial Party Committee and the provincial government has helped boost the arrogance of these people.

No matter what, this is a good thing for Jianye and Donghai Province. Luo Jun would not put his gloating expression on his face and said with concern: "Okay, you can hurry to Jinshan. If you have any questions, you can contact me directly."

Zhang Ke and Zhai Danqing got off the river embankment and asked Fu Jun to turn the car directly on the river embankment and drive south, and then head to Jinshan directly.

After getting into the car, Liang Weifa, deputy secretary of the Jiangnan Provincial Party Committee and governor, quickly called his phone.

"The province feels very sorry for this happening. I have discussed with medical staff in the hospital and will ensure that the negotiators will not be in danger of any life. Secretary Shang Xueyi is also on the way to the hospital..." Liang Weifa roughly introduced the situation to Zhang Ke on the phone.

Liang Wei did not say that there might be instructions behind the scenes, nor did he mean to follow up.

The situation is a bit complicated. After all, in 1998, a large profitable state-owned enterprise would bear certain political risks. This time, thousands of employees gathered to make trouble. If they continue to investigate, the province may be worried about causing a bigger storm, which will cause Liang Weifa and Shang Xueyi to be passive.

Zhang Ke heard Liang Weifa say something comforting on the phone, and then said, "Thank you for your concern in the province. Since there is nothing big, I feel at ease in Jianye. I think I can take time to rush to Kingsoft..."

Zhang Ke did not tell the truth to Liang Weifa. Whether to follow up on it, Zhang Ke still had to go to Zhou You. Xu Hongbo had met and studied it before deciding. Before meeting Zhou You and Xu Hongbo, Zhang Ke tried his best to avoid meeting Liang Weifa first, and it was even more impossible to meet with Jiangnan Provincial Party Secretary Shang Xueyi.

Liang Weifa hung up the phone in the Provincial People's Hospital. He couldn't figure out whether Zhang Ke's last sentence was coming or not, but he knew that Zhang Ke had no intention of meeting him. He frowned slightly, thinking that things were very difficult, and the secretary ran over and told him that Shang Xueyi's car would go to the hospital immediately. Liang Weifa had to put down the layers of concerns in his mind first and go out to pick up Shang Xueyi first.

Jiangnan Province has never been so dependent on a company. In this incident, Jinhu was the victim again. It is reasonable that Provincial Party Secretary Shang Xueyi personally went to visit and comfort the wounded.

If this incident is not handled well, the relationship between Kumho and Jiangnan Province will be greatly retreated. Not to mention Kumho's comprehensive reduction in investment in Jiangnan, the progress of Xiaojiang regional economic cooperation, which Kumho has been secretly promoting, may stagnate from now on. What is most worrying is that the delicious cake of Chinese capital, which has been evacuated from Indonesia on a large scale, will not have the share of Jiangnan Province.

However, today's matters are difficult to investigate. Even if you know that someone is instigating behind the scenes, it is difficult to continue. After all, the people who gathered people to cause trouble and injured people are ordinary employees of Chenxi Paper. It is not good for him to cause big storms and to Shang Xueyi.

Besides, the officials in the province who oppose the merger and acquisition case are still mainstream, but Shang Xueyi considers that the power behind Kumho is getting deeper and even has contact with the military, so he reluctantly agrees to start the second negotiation to take care of Kumho's face, but he may not support the successful negotiation in his heart. The establishment of Kumho Commercial and special investment promotion in Hong Kong has only happened recently...

Shang Xueyi had a black hair and a shiny hair, a wide heart and a fat body, and didn't look like an old man over 60 years old. He saw Liang Weifa running to the hall of the emergency room to pick him up, walked over, turned his head and asked in a low voice: "How is the wounded?"

"Minor injuries do not count. Two people were sent to the emergency room for fractures. Zhou You, the head of the negotiations of Jinhu, was hit on the head by a brick. He was sent to the hospital for a coma. He has recovered his consciousness now, but he is not very awake. Concussion may not be avoided. He is organizing a doctor to do an examination for him..." Liang Weifa introduced the situation to Shang Xueyi.

Shang Xueyi frowned slightly and asked in a low voice: "How to deal with this matter? We must understand the employees' emotions."

Liang Weifa knew the meaning of Shang Xueyi, not whether to investigate the issue, but whether to terminate the negotiations to alleviate the emotions of workers.

There is a situation that Zhang Ke didn't know for the time being. When thousands of employees besieged the members of the negotiation team, hundreds of employees gathered in front of the provincial party committee and government building to petition - this shows that someone was planning and organizing behind it, but the plan organizer may not be the real behind-the-scenes instructor. Sometimes, the real behind-the-scenes figures can only stir up the employees' emotions by moving their mouths, which is also a difficult place to deal with such incidents.

On the other hand, the Chenxi Paper Merger and Acquisition case did not receive the support of most officials, and the employees started to have a turmoil again. For Shang Xueyi, ensuring political and social stability is more important, and even giving up the withdrawal of the Chinese capital from Indonesia is also willing to do so.

"Kunho protects the interests of most employees and the conditions are relaxed, but Chenxi Paper's original set must be changed and innovated, and some employees will definitely not be able to adapt," Liang Weifa defended a little. Seeing Shang Xueyi frowned slightly, he stopped arguing with Shang Xueyi at this time, and said, "Is this initiative given to the Kumho side? The Kumho personnel were injured in this incident, and the province will discontinue the negotiations again, which will cause too much damage to the relationship between the two parties."

"Have you contacted that person?" Shang Xueyi asked.

"I just contacted him, but there was no reaction..." Liang Weifa would definitely not tell Shang Xueyi about some questions. He believed that Shang Xueyi was too conservative and could easily affect the vested interest groups in Jiangnan Province. Jiangnan Province has been unable to achieve economic results in recent years, so Shang Xueyi had to bear some responsibilities. Shang Xueyi saw the freshness of Indonesia's withdrawal of Chinese capital a few days ago and was happy. He said that he would promote the negotiation process of Chenxi Paper's merger and acquisition case, but he had to retreat at this time. With his full opinions, Liang Weifa was also buried deep in his heart, not showing it to his face, and accompanied Shang Xueyi into the injured employees this time - these are not ordinary employees in Jinhu, but are all senior management personnel, but directly affecting the perception of the senior executives of the Kumho about Jiangnan Province.

There was a section of the national highway from Jianye to Jinshan that was destroyed by the continuous heavy rainstorm a few days ago. Vehicles were circling from provincial highways and municipal roads. Fortunately, there was no more heavy rain at night, so they arrived in Jinshan before the early morning.

Several people were injured. One of them was pulled into the crowd and beaten up, causing a fracture of the ribs. The other was evacuating and spraining ankle, causing a fracture of the ankle. Zhang Ke and the others rushed to the hospital. Although Zhou You had some sequelae symptoms, the person had recovered his consciousness and was not seriously injured.

This incident had already spread within the senior management of Kumho. Zhang Ke received countless calls on the road, and he was so annoyed that he finally handed the call to Zhai Danqing to block the frame. He slept in the car.

In recent days, I have very little sleepiness for the sake of exams. I just need to hold on to the ginseng films. At this time, I heard that people are not seriously injured, so there is nothing to worry about. How to confront and seek justice next is what happens next. In the wave of state-owned system reform, too many such things have happened.

The conflict between state-owned enterprise employees and the investors and the government will be more breakthrough in the next few years.

Indeed, in the wave of reform of the state-owned enterprise system that has been set off since the beginning of 1998, state-owned enterprise employees can be said to be in absolute weakness. Countless officials and businessmen are excited to raise their knives and forks to share the feast. Many state-owned enterprise employees are forced to leave the enterprises they served for half their lives and are laid off, and only receive extremely pitiful compensation. They cannot even maintain their basic life. It is impossible to make them unindignant. Zhang Ke even suspected that the Chinese people were too unindignant. But it is impossible to deny that the reform of the state-owned enterprise system has its positive factors that promote the development of society and the economy. The key to the intensification of the conflict is the negligence of local governments, and countless officials even participated in sharing this feast.

But this time, Kumho was injured by accident, and it is not that simple behind the accidental injury.
Chapter completed!
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