Qi Meng's report attracted great attention from the National Social Security Reform Commission and the upper class.

In the late 1980s and early 1990s, many large state-owned enterprises in China were in a state of half-dead. A small number of them were able to survive by self-rescue, but most could only rely on state appropriations and national policies to find a glimmer of hope.

This method is obviously the most expensive recovery method. In addition, the way of joint ventures with foreign companies and using foreign technology and funds to revitalize large domestic enterprises has attracted more and more attention from the upper class of the country. In the final analysis, this is a helpless move to exchange big for small, and it also creates a paradox. Since foreign companies can acquire large Chinese enterprises, why can't domestic private enterprises acquire large national enterprises?

For this reason, a very fierce discussion was held within the entire Sports Reform Commission.

Su Cheng pretended to be ignorant of this. Comrades from the National Social Reform Commission could talk about institutional reform and "why". Since he was running a business, it would be suspected of being overwhelming when talking about these things.

Taking advantage of the opportunity in Tianjin, Su Cheng and Shu Lan tasted the food... Or, Su Cheng watched Shu Lan tasted the food... The eighteen folds of Goubuli buns became tired of eating them in one basket; the 18th Street Mahua was known to be crispy and sweet, and Su Cheng was full after eating the first half of the pie. The remaining sesame cakes, nuts, fried chestnuts, and lama cakes were only Shu Lan could eat. She went all the way and found a new goal. She jumped excitedly, pointed to the sign of the "Eight Bowls", and made a "um" sound in her mouth...

"Foodie." Su Cheng didn't know what Badawan was, so he found a seat to sit down when he saw that there was no work to greet him, so he turned around and went to the door to buy tickets.

Su Cheng called for the "Eight Bowls", and the ticket seller asked lazily: "Do you want a thin bowl or a thick bowl?"

“What’s the difference?”

"Fine or thick bowl?" The ticket seller looked impatient, as if someone owed him money.

Su Cheng was stunned for a moment before realizing something and asked, "Are you state-owned?"

"Buy or not? There are still people waiting behind."

Su Cheng looked back and there was really no one.

The ticket seller's eyes collapsed and said, "What? If there is no one behind you, you can waste time? If you don't buy it, just eat elsewhere."

Since I traveled through time, I had eaten big pot rice. Whether it was an oil field or a factory, everyone looked up and saw each other, but they always had a service attitude. The master of the oil field canteen also often gave him steaks. There were really barbaric services, and Su Cheng didn't see much.

At this moment, Su Cheng finally learned about it, and he was convinced. He paid the money obediently and said, "Just let's have a fine bowl."

The ticket seller brushed his money twice, looked for it, threw out a wooden board through the glass window, and ignored him.

Su Cheng picked up the wooden board and saw that the capital number "Yi Shiwu" on the front and the two words "Fine Bowl" on the back. It is simple and clear.

Thinking of what the ticket seller said, Su Cheng was secretly shocked and thought to himself: If Shu Lan eats the dishes that the eight people eat alone, there will be no problem. No matter how you look at it, she doesn’t seem to be able to fill it.

Su Cheng looked back guiltily, but was surprised to see another group of people entering the store. The leader was Wang Sheng, Formosa Plastics and his party. The one who was accompanying him was probably an official from the Tianjin Municipal Government. When COSCO Shipping built a new factory, Su Cheng seemed to have seen it.

Compared to when he was in Taiwan, Wang Sheng was more stylish, and he was full of the style of foreign investors. Looking at the city officials next to him, Su Cheng was quite funny.

While stunned, Wang Sheng first shouted in surprise: "Chairman Su?"

Su Cheng woke up and smiled at him, "Mr. Wang is here."

Wang Sheng smiled and said quickly: "When will Chairman Su come to Tianjin? I am still going to visit Dahua."

There is the word "Dahua". Anyone who knows or not knows knows who is opposite, so a false smile rises.

Su Cheng shook hands with him gently and said, "I've just arrived soon. Are you here to see the place?"

Wang Sheng said "yes" a little embarrassedly.

The US$7 billion petrochemical base of Formosa Plastics is still under preliminary negotiations. The site selection is initially determined, but it does not prevent them from looking at a few more places. Especially when local officials are extremely proactive, even if the investment is not determined in the end, it is a good way to understand.

However, Sucheng is also a partner of Formosa Plastics, and he also wants to invest in a methanol factory in Formosa Plastics' petrochemical base. He met without advance notice, which made Wang Sheng a little embarrassed.

Su Cheng laughed twice, turned around and said, "Are you 6 people? I happened to order eight big bowls together."

"Then I'm not polite." Wang Sheng said with a smile: "I'm here to taste Tianjin food. I wanted to come alone, but it didn't work anyway, so I could only come in a group of people."

Su Cheng smiled deeply and thought to himself: If you come alone, can you stand such a state-owned hotel? Maybe, you can also lead to a theory of lax management.

The city secretary who followed the last one was very clever. He asked for a wooden sign from Su Cheng and returned to the ticket seller. After saying a few words, the ticket seller's attitude changed immediately.

The eight big bowls were very fast, that is, eight sea bowls, filled with food. Wang Sheng and Su Cheng ate something fresh, and the others pretended to eat a few bites, and then stopped moving. Only Shu Lan happily ate each sea bowl to the bottom.

Wang Sheng was dizzy when he saw it, turned his head and smiled at Su Cheng: "Are you here to visit the COSCO Shipping Factory? I heard that Halliburton is very cost-effective."

"I'm actually here to do another acquisition project." Su Cheng didn't hide it and told the story of the Jinshi General Factory.

Although Tianjin is large, it is rare for factories at the vice-ministerial level. I heard that Sucheng is going to merge with the Tianjin-Shi General Factory, several people from government agencies have put their attention.

Wang Sheng also said in surprise: "Your movement is really big. Jinshi General Factory has a school and a hospital, right? It's a bit like the size of BP."

"The main ones are technical schools and research institutes, hospitals and sanatoriums. I plan to sell them or leave them behind." The technical schools in state-owned enterprises are quite good. Due to heavy work tasks, high technical content of work tasks, and a large number of high-tech workers in factories, technical school students can often get abundant training, which is a certain difference from the schools that later generations spend money to attend.

Of course, technical school students in the 1980s and 1990s were worthless. During this period, including factories, all the students were valued. This was completely guided by the supply and demand relationship.

Wang Sheng pondered for a moment and said, "How much does it cost?"

"The total price is between 50 million and 150 million yuan." Su Cheng smiled and said, "The Tianjin Shi General Factory has a lot of debts. The bank loans alone are close to 200 million yuan, and the suppliers still have tens of millions."

"Triangle Debt." City officials also knew.

Su Cheng nodded slightly and said, "I am planning to purchase more than 80% of the shares, ranging from 40 million to 120 million yuan. Of course, the debt must be shared."

"Accepting debts? Can they be willing?" Wang Sheng was also familiar with the ecology of China's officialdom and knew how difficult it was to pay money from the government.

Su Cheng chuckled and said, "If Jinshi General Factory is unwilling to sell it, I will buy another company."

He is confident that the Sports Reform Commission is willing to try private enterprise mergers and acquisitions. As long as the state supports, the Jinshi General Factory can hold on, but after all, it is just a stagnant. The country may not be able to provide hundreds of millions of dollars to get out of the trap. Perhaps in 10 or 20 years, the Jinshi General Factory can be reborn from the ashes by selling land, and use large amounts of funds to build a new factory in other cities. If it is well operated, it may still be able to continue to compete with private enterprises.

Such factories are not uncommon in China at this time. Unless they obtain monopoly resources, the Jinshi General Factory, which has 20,000 workers and thousands of retired workers, cannot survive the quagmire of high costs and low output.

Sucheng promised to build Jinshi General Factory into a marine equipment enterprise. This alone is quite attractive.

When Wang Sheng saw that Sucheng had a plan, he would not say much. Formosa Plastics provided a large amount of funds to Dahua Industrial for the development of the Setan Oilfield in Abu Dhabi, which is one of the major creditors. However, they cannot interfere with the normal operation of Dahua Industrial, which is also the difference between debt and shares.

After scanning the food, Sucheng's BP machine rang, and it was the message sent by Qi Meng.

Wang Shengrao asked interestedly: "What's wrong?"

"I guess there is a conclusion." Su Cheng was a little nervous in peace, and turned to laugh and said, "Mr. Wang, let's go to the Jinshi General Factory to have a look?"

"If you don't say it, I'm really embarrassed to go." Wang Sheng was not humble either. It is very important to be able to obtain first-hand information for such a big thing.

Municipal officials looked at each other, followed quickly, and took the initiative to provide a car.

The group rushed to the Tianjin-Shi General Factory at a glance, and Shu Lan was the only one who was leisurely savoring the mohua.

It was already afternoon when we arrived at Dejinshi General Factory.

Huo Chang, Li Huanxiang and others had been waiting outside the gate of Jinshi General Factory and handed over the inspection report to Sucheng.

Everyone seemed a little nervous, which was no better than the merger of Jinan Power Machinery Factory. The latter was a zero-investment purchase. Although the Jinshi General Factory was not well-managed, it was not as insolvent as the capital was insolvent.

"Let's talk about it when you go in." Su Cheng raised his head and saw the first thing he saw was the towering building in front of the door. Compared to the last time he accompanied Liu Bing, he felt completely different.

When you enter the factory, you will see the vast space covered with green trees. Along the edge, there are even two small natural forests that connect to the distant mountains.

Everyone walked around and took a look, and then entered the auditorium under the leadership of the administrative staff of the Tianjin General Factory.

Wang Sheng's appearance made Du Lijun a little scared.

Soon, his eyes turned to Sucheng again.

The latter's eyes were calm and he could not tell his thoughts.

Qi Meng, Ding Zhipeng and other members of the National Reform Commission, as well as Minister Guo and other Ministry of Energy officials, all sat on the rostrum. Both sides were handed over to Dahua Industrial and Jinshi General Factory.

Soon, an old man who didn't know sat in the center of the rostrum. He didn't say anything politely, opened the document in front of him and said, "We will discuss the merger and acquisition case of Dahua Industrial for Tianjin Petroleum Machinery Corporation today. For us, this is still a new thing."
Chapter completed!