(The notebook used to code fonts is broken, and I am really not used to using desktop computers in the morning; I have to go to repair the notebook in the afternoon, so I am not sure if I get the second update...)

Chen Huai watched Zhao Yicheng sitting there without saying anything, and knew that all management would be appointed and hired, which made him feel distressed and difficult for a moment.

As the director of the municipal forging factory, Zhao Yicheng is also a deputy department-level administrative cadre. If the backend is stronger, he can be transferred from the municipal forging factory that has not improved for a long time to the district and county, or to the municipal bureau committee office, and serve as a party and government official at the deputy county bureau level. Accepting the restructuring conditions proposed by Chen Huai means completely blocking his retreat.

Chen Huai smiled and said, "Following the further reform of state-owned factories, the joint-stock pilot work has only made some practical progress in the past two years, and Donghua City has lagged behind a lot. However, when it comes to the joint-stock reform based on property rights reform, it has been no longer new in China. Joint ventures and foreign-funded enterprises have been in China for more than ten years. For example, the joint venture between the Municipal Steel Plant and Fuji Iron Manufacturing Project is a joint venture based on property rights, rather than a joint venture based on operating rights. Private joint-stock companies have long agreed to the decision to share the business based on shares and share the business based on property rights. The fact of power and profitability - all this can be said to be inevitable to extend to state-owned factories. However, because there is still an ideological problem of "capital capital" or "society", the further reform of state-owned factories has not been able to make a breakthrough. Even if some areas conduct pilot projects, they have not completely separated from the scope of "two guarantees and one arrest". At present, the eleven state-owned factories that have been piloted in the city have made specific reform progress first and then, but there are several reform drafts, which I have read. Speaking of which, there is really nothing new."

Zhao Yicheng nodded slightly, not because he agreed with Chen Huai's point of view, but because he believed that with Chen Huai's ability, he would not be a difficult task to see the first draft of the revision submitted by the Municipal Forging Factory to the city...

"From the facts that have existed long ago to the formal promulgation of the Company Law and the Third Plenary Session of the 14th Central Committee of the Communist Party of China, it has been clear that urban and rural residents can invest savings and other personal funds into enterprises for income distribution, it has been more than ten years," said Chen Huai. "And now, if everything is transferred to the existing framework, how can we talk about pilot projects and how can we talk about substantial breakthroughs? The Third Plenary Session of the 14th Central Committee of the Communist Party of China clearly stipulates that income distribution can be carried out according to capital in China. Although state-owned factories have not been clearly included in it, state-owned factories have not been excluded. Rewards and punishments for state-owned factory managers have always been an important part of the reform work, but there has been no actual progress over the years. The contracting system's "two packages and one hanging" only requires the total salary of enterprise employees. Linked to the benefits of the enterprise, but when it comes to rewarding and punishing managers, the regulations implemented in 1986 are generally implemented, and the management's personal income can be 1 to 3 times higher than that of employees. If you want to further expand the gap, it will become difficult and harsh. To carry out in-depth reforms in property rights, we must fundamentally make managers closely related to the development of the enterprise themselves, and to advance and retreat together. We must fundamentally change the reward and punishment methods of managers, and to make managers likely to obtain ten or even hundreds of times the salary income of ordinary workers. It is an inevitable prerequisite for managers to give up their status as state cadres. Although there are many people in today's society who are both officials and make money, on the surface, from the current and upcoming systems, there is no good thing of being both an official and a rich man. Can Director Zhao understand that I say this?"

After hearing what Chen Huai said, Zhao Yichengcai understood that the reason why Chen Huai emphasized the change of appointment to employment was actually to find a feasible path for state-owned factories to enter into in-depth property rights reform based on the current laws, regulations and reality.

When talking about the personal income of the factory leadership, Zhao Yicheng was deeply touched.

As the director of the Municipal Forging Factory, he was unconscientious and made a black income of hundreds of thousands a year. It was not too difficult for him to earn hundreds of thousands of dollars a year, but the salary and bonus he could get from the Municipal Forging Factory on the surface was usually only three times higher than that of ordinary workers.

"The principle of current economic system reform has actually been established long ago, which is the eight words "efficiency first, fairness first, efficiency first, efficiency" instead of "reform first, efficiency first" - reform means finding a new path, and not seriously resistant to the current laws, but also making breakthroughs. To put it in a swear word, it means to "take advantage of legal loopholes". If you can run a business well and create more wealth for society, it means that reform is successful. If you want to follow the existing and safe path, it is not called piloting, nor reform..."

Zhao Yicheng had no contact with Chen Huai. He just stood from a distance and watched Mei Gang's performance clearly. He watched Chen Huai rely on the backstage of the Municipal Party Committee Secretary Tan Qiping, who was rampant in Meixi Town and Tangzha District. But what happened today made him realize that it was not that simple behind it.

After listening to Chen Huai's words, Zhao Yicheng could also know that Chen Huai looked young, but he had much deeper thinking about the pros and cons of the domestic economic system than them, and had a higher and farther-looking look than them.

When it comes to the appointment system and the employment system used by the factory management, the pros and cons are not difficult to explain.

However, China has fundamental differences in social systems from developed Western countries. By copying the corporate governance experience of Western countries, it is likely to have serious conflicts with the current domestic laws and regulations. Only by finding a suitable path to effectively break through the status quo can the value of reform talents be demonstrated.

Listening to Chen Huai's talk in depth, Zhao Yicheng's resistance to him seemed to melt a cup of warm rice wine that had penetrated into his stomach...

Corporate restructuring is a big topic. It was only after two o'clock in the morning that several people drank four kettles of rice wine, and the tip of the iceberg was revealed.

However, in the shed made of rainproof cloth, other diners also left, and the shop owner and his wife were patiently waiting for them to leave. Chen Huai looked at the watch and said to Zhao Yicheng: "I'll drink it today, and I'll grab Haipeng to treat you another day, and have a good meal - I'm considering that Penghai Trade will also acquire a small amount of debt from others, so that there will be an excuse to openly pull Haipeng out to treat you."

"If Mr. Yang is not worried about the bad debts on the Shifa Forging Factory, he can lend us money directly. To be honest, the Shifa Forging Factory is now short of working capital..." Zhao Yicheng said.

"To be honest," Chen Huai listened to Zhao Yicheng's tone, and knew that it would still work to ask him to drink this wine. He said, "The Municipal Forging Factory is currently going to straighten out the debt and financial relationships, and it is not appropriate to increase the debt for the time being. After the restructuring and these two things are done, adding one or two million working capital will not be a big problem. As long as the Municipal Forging Factory can operate stably for a period of time and there are signs of continuous improvement, it will be relatively easier to directly start the debt-to-equity conversion at that time..."

The new forms of management holdings, or debt-to-equity conversion to state-owned enterprises, such as the emergence of new forms of domestic investment, are based on the shareholding reform of state-owned factories, and are also derived from the supplementary explanation of the form of social income distribution by the Third Plenary Session of the 14th Central Committee.

Meigang was reorganized early, and because of its identity as a collective enterprise in townships, it was more flexible than that of state-owned factories and less resistance. After a year of delay, Shen Huai was determined to borrow debt and reached out to the forging factory in the city. It was also because Tian Jiageng went to Huaihai Province to serve as the secretary of the provincial party committee. The following formal documents have been issued to put forward some breakthrough opinions on the shareholding reform of state-owned factories in various cities, so that there is no need to worry about the great resistance.

On Meigang, Chen Huai considered to let Qian Wenhui participate in the debt restructuring and shareholding reform of the Municipal Forging Factory. However, Chen Huai also took Qian Wenhui's side and Dan Liwei, and had previously made it clear that he would select five debtor representatives to come out. He wanted Yang Haipeng to invest in the acquisition of the Municipal Forging Factory's 300,000 to 500,000 yuan in the solemn so as to more effectively lead the restructuring of the Municipal Forging Factory and ensure that Meigang's influence can penetrate into the Municipal Forging Factory in various directions.

When the right time comes, Meigang's influence can also extend the debt chain of the municipal forging factory and continue to extend...

After a few words, Zhao Yicheng also knew that Chen Huai's vision was much broader than him. At this time, even if he was a little uncertain about Chen Huai's suggestions, he would still silently obey him in person.

Yang Haipeng has only been more than a year since he became an unknown small building materials manufacturer to the steel trader group today. Zhao Yicheng knew Yang Haipeng as early as when he was still in the city steel factory, and he was still familiar with him, and he was not opposed to his participation in the debt restructuring of the city forging factory.

He lifted the curtain and walked outside the shed, and asked the cold air to blow. He felt much more drunk, but he was warm all over and didn't feel cold at all. With the light coming out of the rainproof shed, Chen Huai squatted down and squeezed his shoelaces.

There was a man in the alley who had eaten and drunk enough from another simple shed. Several people were very drunk and walked slanted. A woman in a white down jacket walked closer and saw a person squatting on the roadside in front. She was startled and dodged to the side, but her feet still tripped on Shen Huai and fell on the side of the road.

Chen Huai kicked his back, lost his balance, and knelt on one knee, but nothing happened. As soon as he stood up and wanted to help the woman, a man rushed up from behind, pressing his hand against his shoulder and pushed back, angrily, and swearing: "Your mother is blind, she is squatting here to eat shit!"

Chen Huai gave in a while, and the man used too much force and almost fell to the ground.

The man was unyielding and was about to fight Chen Huai when he chased him. However, Shao Zheng and Yang Haipeng reacted quickly, rushed over and grabbed the man and pushed him aside, shouting loudly: "You are still unreasonable, you don't look at the road, you knocked down someone, and you fell down, can you still betray someone else's head?"

"Your mom/pse, are you going to fight?" The man suddenly pushed it away. While taking several steps, he rushed up to grab Shao Zheng's collar, but he didn't want to capture Shao Zheng's wrist, and he screamed in a whimper.

Among them, a young man who saw his accomplice bullying him, would rush up to help. Yang Haipeng was not as good as Shao Zheng, but he was tall and big, weighed about 1.8 meters tall, weighed about 170, and had a strong body. He stepped up and grabbed the young man's collar, and told him that he could not move.

The other party has men and women, and they have Shao Zheng as the main force, so they are really not afraid of this group of people daring to take action.

Shao Zheng didn't want to make things worse, so he made the man take two steps back and let go of Yang Haipeng and retreat to Chen Huai's side.

The man was like an angry beast and screamed: "Your mom/you dare to do it, your mom/you know who my dad is?"
Chapter completed!