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Chapter 2868: Tian Hongwei's Analysis

~6 min read 1,150 words

Tian Hongwei put down the letter in his hand and shook his head helplessly: "Go ahead, what do you need? Let me make one thing clear—I can't handle big matters, and small ones aren't guaranteed either."

"Leader, isn't that basically saying nothing?" Qiao Xiaojiao pouted: "But I'm not here to ask you to do anything."

"Oh?" Tian Hongwei picked up the half-box of cigarettes: "You're not asking me to do anything, yet you brought such a big gift?"

"Pfft!"

Qiao Xiaojiao couldn't hold back and burst out laughing, thinking of Chen Dahai and the other old men tearing open the cigarettes and each taking one. Seeing this, the female workers felt it was unfair, so they ate a whole box of pastries. Now thinking back, it really was a bit excessive.

"Be serious!" Tian Hongwei pulled a cigarette from the box, put it to his lips, and lit it with a lighter: "If you have something to say, say it. If not, get back to work. Why are you always running over here to chat nonsense?"

Qiao Xiaojiao glanced left and right furtively, then leaned forward and said: "Leader, I came to ask you a few things."

"Ask a few things?" Tian Hongwei immediately understood: "About the reform?"

Qiao Xiaojiao nodded vigorously: "Yes, yes, yes!"

"What do you mean?" Tian Hongwei said displeased: "The reform details have already been announced and posted at the factory gate. You can go see for yourself—what's there to ask?"

"We've seen the notice." Qiao Xiaojiao lowered her voice again: "I just want to know—will our factory's reform be like Jiangzhou Liquor Factory, where workers can buy shares? And if so, how many shares will the factory offer for purchase?"

Tian Hongwei replied impatiently: "The reform plan was written by the factory director. It's still under confidentiality—only the director and possibly the secretary know. How would I know?"

He paused: "However, Jiangzhou Textile Factory is acquiring 10% of our factory's shares for a total of 260 million yuan. Based on that, our factory's total asset valuation is 2.6 billion yuan."

"But this valuation is just from Jiangzhou Textile Factory and the municipal SASAC—apparently it includes a significant premium. Once the reform actually begins, our factory's assets will need to be re-evaluated. Still, even after re-evaluation, the value won't differ too much from the current estimate."

Tan Hongwei tapped his fingers on the table, thought for a moment, then continued: "I estimate the city must hold at least 41%, plus the textile factory's 10%, which would give them control."

"Then, the factory leadership also needs to reserve a portion. So, the shares available for worker purchase would likely be between 20% and 30%."

Tian Hongwei looked at Qiao Xiaojiao: "Based on a total asset value of 2.6 billion yuan, 30% of the shares would be how much? You figure it out yourself."

Qiao Xiaojiao silently calculated in her mind, then asked: "Could you analyze further—what would each share be worth?"

"What would each share be worth?" Tian Hongwei pondered: "When Jiangzhou Liquor Factory reformed, each share was one yuan. But our woolen factory's scale and value aren't comparable to theirs. So I estimate each share should be around 1.3 to 1.5 yuan."

Qiao Xiaojiao gave a thumbs-up and sincerely praised: "You're the leader—I'm impressed!"

Tian Hongwei is indeed talented—if he followed normal logic, his analysis would be about 80-90% accurate. But Zhou Andong has never been normal. He gave the city only 25% of the shares, then subtracted the textile factory's 10%, and took the remaining 65%, distributing it all among factory leadership and workers.

Qiao Xiaojiao said solemnly: "Leader, I need to take leave!"

Tian Hongwei frowned: "Leave for what?"

"My father-in-law is sick!" Qiao Xiaojiao said with a grim face: "My mother-in-law has to watch the kids and has no time to cook. So I need to go home to make lunch, then take him to the hospital."

Tian Hongwei glanced at the quartz clock on the wall: "It's only 8:30—your office chair hasn't even warmed up yet, and you're already going home to cook lunch?"

"Don't I need to buy groceries too?" Qiao Xiaojiao said firmly: "Then I have to go home, wash and chop vegetables, cook the meal, and finally go to the hospital—can't that take half a day?"

Tian Hongwei winced with a headache. When the Supervision and Inspection Office was formed, the hiring requirement was specifically to not fear offending people. So the sixteen members, aside from being tough and fearless, were mostly those with deep backgrounds.

Indeed, in handling cases like Mingli Guan's and the upcoming ones, these sixteen people were truly stubborn—no amount of greeting or influence worked. Even without him intervening, they all pushed back. And now, finally, the consequences have caught up with him.

"Go, go!" Tian Hongwei thought: Even if I don't grant leave, she'll find an excuse to slip away. Better to give it and earn a favor.

"Thank you, Leader!" Qiao Xiaojiao gave a mock salute, turned, and ran out.

In the hallway, the other fifteen members of the Supervision and Inspection Office were leaning against the wall, waiting for her.

"How did it go?" Chen Dahai grabbed Qiao Xiaojiao: "Did you get any information?"

"Let's go back to the office." Qiao Xiaojiao led the way back. After everyone entered, she lowered her voice: "The director doesn't know the details either, but I think his analysis is reliable."

"Jiao Jie!" Chu Junfeng attentively poured her a cup of water: "Have a sip, soothe your throat."

"The young can be taught!" Qiao Xiaojiao took the cup, took a small sip, then shared Tian Hongwei's analysis: "Our factory has 40,000 workers. Even if we allocate 30% for share purchase, each person would get very little—so we need to raise funds quickly. The more we can buy, the better."

Qiao Xiaojiao grabbed the small bag hanging on the chair, slung it over her shoulder: "I've taken leave—I'm going home now to discuss fundraising."

「……」

Everyone froze. Chu Junfeng scratched his head: "Jiao Jie, you just got the notice and are already rushing home to raise funds—isn't that a bit too hasty?"

Qiao Xiaojiao gave Chu Junfeng a glance, then strode out: "The early bird gets the worm—this kind of thing must be prepared early, or we'll fall into chaos at the last minute."

Everyone watched Qiao Xiaojiao leave the office, then exchanged glances before sinking into an eerie silence.

"Bang!" After a while, a dignified middle-aged woman slapped her thigh, breaking the silence: "Xiao Jiao is right—better early than late. Get the money in hand first, so when share subscription comes, we won't lose out."

Saying that, she grabbed the phone, dialing as she spoke: "Xiao Jiao has already taken leave—I doubt the director will grant me leave too. So I'll call home first, give them a heads-up, and we'll discuss further when I return tonight."

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End of Chapter

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