Chapter 2524

The negotiations for the shareholding reform of the Yanfang Group are proceeding with difficulty. The assets and liabilities of the Yanfang Group are too many and too complex, and the number of employees is also large. Among them, there are many retired employees, as well as people recruited or promoted by the original leaders who practiced nepotism. How to deal with them is a problem.

Therefore, the negotiation process is not fast, but in any case, the negotiations between these parties have progress every day, and as those problems are solved one by one, the negotiation process is also accelerating.

Although Su Xinghui did not directly participate in the negotiations, he kept full attention to the negotiation process. For this negotiation, his degree of attention was no worse than anyone else's.

After nearly 20 days of arduous negotiations, the parties participating in the negotiations finally reached an agreement, which made everyone in the Yanfang Group ecstatic. The Yanfang Group, which had been suspended for two years, was finally going to restore production.

The consortium composed of Yu Ruizhi, Chu Zheng, and Han Xiang Dong will inject 300 million yuan into the new Yanfang Group, and they will occupy 24.5% of the shares of the new Yanfang Group.

And the Yanbei State-owned Assets Management Company represented by Gao Zhiyong will use the 300 million yuan debt owed to them by the Yanfang Group to buy shares, also occupying 24.5% of the shares of the new Yanfang Group. In addition, they will also coordinate to lend 100 million yuan from several state-owned banks in Yanbei Province to be used as working capital for the new Yanfang Group.

All the assets of the original Yanfang Group owned by the State Textile Industry Bureau and the employee fundraising will account for 51% of the shares of the new Yanfang Group. In name, the state-owned shares of the new Yanfang Group still hold the controlling power, but the management rights of the new Yanfang Group will be handed over to Yu Ruizhi and their consortium more.

With the injection of these 400 million yuan, the production scale of the Yanfang Group will expand again, because with the ravages of the Asian financial crisis, the export-oriented economies of Southeast Asian and East Asian countries have suffered huge losses, and many manufacturing enterprises have gone bankrupt.

And the only countries in East Asia that have not suffered heavy losses are China, so now many orders from European and American countries are cast to China.

Under these circumstances, it is the best time to expand the production scale.

This is also the best time for Yu Ruizhi and their investment. This investment is a win-win cooperation for both sides.

Of course, this is just a large cooperation framework, and there are many details, such as the placement of employees, etc., which are the details that both sides focus on negotiating.

After Yu Ruizhi and their participation in the Yanfang Group, it is naturally impossible to retain all employees, especially those relatives of the original company leaders who entered the factory as technicians without meeting the requirements, are completely incompetent, and mix days every day, they must be eliminated.

In short, the new Yanfang Group must introduce advanced management systems to allow the company to improve work efficiency and save costs to increase the company's profits.

Of course, as long as employees who prove that they can do the job can continue to stay in the Yanfang Group through competitive employment. As long as they work hard, their salary income will be much higher than in the original "big pot" era.

In order not to cause social unrest, a clause was specially added to the cooperation agreement: if employees who fail in competitive employment can still receive three months of living expenses, they can participate in another competitive employment after three months. If they can pass the competitive employment this time, they can still stay in the company to work.

This clause is also specifically aimed at the current wave of layoffs in state-owned enterprises. After the reform of many state-owned enterprises, in order to unload the burden, many workers were laid off, and a large number of workers were pushed to society. In these two years, millions of laid-off workers have been pushed to society.

For enterprises or investors, this is of course unloading the burden, but for these laid-off workers, it is quite unfair. They have dedicated their lives to the enterprise, but they were kicked away.

After they were laid off, they only had a meager income from buying out their seniority, and then they were completely disconnected from the enterprise. The skills they cultivated in the enterprise were very single, and they had been disconnected from social competition for a long time. Suddenly pushed to society, their survival ability was very limited.

This also caused a large number of laid-off workers to fall into difficulty, and even basic life could not be guaranteed.

Su Xinghui did not want such things to happen in the Yanfang Group, so this condition was what he personally told Yu Ruizhi, and Yu Ruizhi also readily agreed.

For Yu Ruizhi, he is not the kind of greedy person. He naturally will not sacrifice the interests of ordinary workers to obtain his own interests.

This condition made the Yanfang Group side very grateful. There are also many laid-off workers in Yanzhong City now. They have seen the miserable state of laid-off workers too much. In the past year or so, the workers of the Yanfang Group were actually laid off. Investors as kind as Yu Ruizhi are really too few.

After the cooperation agreement of these parties was signed, it was time to handle the relevant procedures. For this cooperation project, Yanzhong City also attached great importance to it, so all kinds of relevant procedures were handled quite smoothly.

At the beginning, only a few leaders hoped that the Yanfang Group would go bankrupt. If the Yanfang Group really went bankrupt, it would make Yanzhong City and even Yanbei Province quite a headache, because after bankruptcy, another 30,000 workers would be pushed to society, which would cause quite a lot of social problems.

Although the Yanfang Group is a ministry-affiliated enterprise, the Yanfang Group is located in Yanzhong City after all. Various social problems after bankruptcy will be borne by Yanzhong City, and Yanzhong City will definitely have to pay a huge price.

Therefore, many leaders in Yanzhong City do not want the Yanfang Group to go bankrupt. Now that the Yanfang Group can successfully carry out shareholding reform, they will naturally give the green light in handling procedures.

This shareholding reform is not only a matter of saving a state-owned enterprise, but also 400 million funds will be invested in the Yanfang Group, which is also equivalent to being invested in Yanzhong City. This can also be regarded as a huge investment, and Yanzhong City naturally welcomes it enthusiastically.

Various procedures for the new Yanfang Group are being handled, and the work of competitive employment for all company employees and cadres has also begun in full swing.

For the competitive employment of workers, it is very simple. As long as the worker's labor skills meet the company's requirements, it is fine. The vast majority of the company's workers have technical grade certificates issued by the original factory, so they can go to work directly. Only those who do not have grade certificates or want to apply for higher-level certificates need to re-assess their skills.

But for the competitive employment of cadres, it is not so simple. To be a cadre, you must have academic qualifications and ability. After passing the preliminary assessment, you must also pass the evaluation of employees and the interviews conducted by the company's relevant leaders. In short, you must pass five levels and cut six generals to succeed.

Such several procedures basically eliminated the path of progress for those who wanted to mix days. Those who could become cadres were all people with real talent and learning, and among the workers, they were also considered to be very prestigious people.

Only such cadres can make the Yanfang Group develop more and more vigorously and prosperously. ===== CHAPTER 2526 =====