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Chapter Chess

On Sunday afternoon, Box No. 7 of Miaoming Teahouse.

Someone rushed over, knocked twice and pushed the door in, and said in a stack of voices: "Sorry, let Director Bai wait for a long time!"

Bai Yu, who was sitting in the seat in front of the window, stood up and smiled, "The busier Boss Qi is, the more prosperous his business is. It's a good thing."

It turned out that the customer was Qi Haokuan, the legal representative and director of Shangdang Senfu Panel Factory.

"The time is good. I encountered a traffic accident at Rainbow Bridge for twenty minutes. I was really sorry," Qi Haokuan wiped his sweat and said, "Director Bai is my great benefactor and savior in Shangdang. I have repeatedly wanted to express my gratitude for you and never give me a chance. I finally asked me to drink tea but was still late. It's true."

Bai Yu opened the way and said: "The Provincial Shangdang Entrepreneurs and Villagers Association has established the 'Support Shangdang Rural Revitalization Foundation', right?"

"I kept hitting walls more than ten years ago, including me, and now the villagers are happy that Lanshan doesn't plan to do it by themselves, but they still entrust it to the Red Cross or Angels to smile," Qi Haokuan said negatively. "Although the Red Cross wants to withdraw management fees, there may be some messy things, but at least some money can be distributed to poor households through fixed channels to support enterprises in poor areas. We do the same thing ourselves, not only are we troubled by local governments and find faults, just like I almost died in jail last time!"

"Understand your mood." Bai Yu said quietly.

"Not every place can meet a good leader like Director Bai. I dare say that no less than half of the grassroots cadres at the grassroots level, especially Shangdangshan District, are bastards!" Qi Haokuan said angrily, "In their eyes, I, Qi Haokuan, are not charitable, nor are I kindly helping the poor mountainous areas, but a fat sheep! They were not shaking hands with me, but considering how heavy the fat sheep is and where to start!"

"The deep-rooted bad habits in the mountainous areas cannot be completely changed overnight," Bai Yu sighed, "but with the county's continuous infusion of blood circulation, the overall social consciousness and customs are developing in a better direction. Boss Qi must have confidence in his hometown."

Qi Haokuan shook his head and said, "When I returned to my hometown to set up a factory with passion more than ten years ago, I was very confident. Over the years, my confidence and ambition have been almost sharpened. Take the board factory for example. After you have been rescued from the Discipline Inspection Commission for goodwill, the workers were at peace for a while, and the phenomenon of thieves and passive slacking off work has decreased significantly, and the efficiency of the factory has also improved. Since the second half of last year, the disease has gradually started to attack again. If I don’t listen, I will go to the office and shout, making fun of it. Alas, I am going to change the board factory. I was also bound to do my job three times before the New Year, and my heart is softened and…”

"Boss Qi knows why?"

"Probably..." Qi Haokuan pondered, "The Red Society and Angel Smile both have official backgrounds. The local government is not afraid of enterprises but is afraid of bigger names. So when he sees the two charities like grandsons, he turns around in front of us and is arrogant."

"How about helping your foundation find an official backend with background?" Bai Yu said suddenly.

"Well--"

Qi Haokuan looked at Bai Yu for a long time and tentatively said, "What does Director Bai need me to do? Or where can we help me?"

After all, after decades of storm in the business world, Qi Haokuan was not so naive that he really thought Bai Yu had a sudden appointment with him to drink tea purely to help the foundation solve the affiliation problem.

Bai Yu smiled and asked, "What business are the bosses of the Foundation Shangdang doing?"

"The main products are decorative materials, including boards, stainless steel, aluminum, doors and windows, wooden floors, ceramic tiles, etc. Some have factories and physical ones, some have stores, and some have wholesale chain ones."

“How much has the foundation raised?”

The most core secret involved in the foundation, but Bai Yu asked, Qi Haokuan had to answer truthfully: "About 90 million, we raise about 6 or 7 million by charging membership fees every year. When the business is good, give more, and when the business is bad, it will continue to increase the accumulation of less."

"It's not bad, too..."

Bai Yu slowly drank tea, looked at the sky outside through the window lattice, and said for a long time, "Based on the scale of funds raised by the foundation, we can imagine that the Shangdang fellow villagers' association is strong. I think it would be no problem if it raises 400 million to 500 million in the short term, right?"

Qi Haokuan did not deny it: "To be honest, the market profit margin of decoration materials has always been relatively high. Our fellow villagers in Shangdang have formed a price alliance and have a strong say. This is also the foundation for the foundation to maintain the confidence to do charity in Shangdang for many years. What do Director Bai have? If you help, I will do my best to support it on behalf of the fellow villagers in Shangdang! The good things Director Bai has done for the people of Shangdang are obvious to all, and he is my benefactor. If you have anything, just say it, it is true."

Bai Yu laughed: "Boss Qi is a cheerful person, and I don't go around in circles. I want to know more about the data I have. I hope you answer the truth..."

Monday morning.

Bai Yu wanted to bring Tan Xiao to report to Mu Beiming the revision of the plan, but Tan Xiao stepped up and "accompanies Director Sun Gang for something" and secretly knew that the director was planning to adopt an alienating attitude, and did not intervene or cooperate. Tan Xiao is a senior middle-level cadre with deep connections and resources. It is okay to do this, but he will definitely not be able to avoid it.

There is no way, so report it alone.

"Add to increase the shareholder and be listed as the third largest shareholder?" After hearing the report, Mu Beiming's eyes were immediately lost, confused and suspicious.

Bai Yu explained: "This solution to the desire of FMC Heavy Industry to ensure the position of the largest shareholder to become the controlling party, and to meet its requirement to spend as little as possible; similarly, the Provincial State-owned Assets Supervision and Administration Commission, Jialuo and Grant are all passively holding shares, and they are happy to give up a small amount of equity."

Sounds perfect.

Although Mu Beiming has also been in charge of the economy, he is nothing more than a glimpse of things. He has a headache when he hears equity, capital, capital structure, etc., let alone study it. Therefore, he has only a little understanding of the new plan proposed by Bai Yu. He can't tell where it is good or there is a problem. He can only ask according to his intention:

“What structure will be formed after introducing a new third largest shareholder as you imagine?”

"Freight Construction Heavy Industry has reduced from 49% of the original plan to 44%; the Provincial State-owned Assets Supervision and Administration Commission has reduced from 44% to 40%; the 2% reduction of Gallo and Grant each adds up to 8%; the third largest shareholder has been introduced to hold 10% of the shares."

"According to the current situation, is there any enterprise that invests several hundred million to invest in Yuda Group?" Mu Beiming half-believed and half-doubted, "If you invest several hundred million to invest, you are only the third largest shareholder. The board of directors has basically no say. Which boss is willing to do such a stupid thing?"

"Everyone who invests in it must have an inherent demand. For example, Jaro's direction is real estate development, and Grant wants to enter the mainland market," Bai Yu said. "It is our biggest concession to make FMC Heavy Industry pay less money at the moment. This alone can gain the trust and satisfaction of the other party."

At this time, Mu Beiming was most eager to please the FMC Heavy Industry and indirectly flattered the boss Luo Jiasi. He was particularly fond of these words and said:

"The provincial leaders also mean that they should come up with practical measures to make investors feel warm. Xiaobai is working in the right direction, very good, very good."

In the atmosphere of harmony and friendship, Bai Yu took the opportunity to propose concessions to be made in the other two aspects:

First, the board of directors has increased from 9 people in the original plan to 11 people, meeting the requirement of FMC Heavy Industry to occupy 4 seats; the remaining are 3 seats in the SASAC; 2 seats in the third largest shareholder; 1 seat in Jallo and Grant jointly hold; and the independent director has been reduced from 2 seats in the original plan to 1 seat.

The original plan requires the removal of the senior management of the business (the general manager is directly appointed by the SASAC) to meet two-thirds of the votes against each other, and Bai Yu can modify it to more than half of the votes against each other; the original plan is directly appointed by the SASAC. Now, the candidates are agreed to be proposed by the Farm Construction Heavy Industry, and more than half of the board of directors can be agreed, but the addition of the deputy director of finance will pre-approve all major expenses and expenses.

Second, in terms of preferential policies, the 30% deposit clause for bank loans must be cancelled, and it is changed to guaranteed by provincial state-owned enterprises or mixed-ownership reform enterprises of the same level in the province; tax incentives and exemptions are reduced from the original plan for five years to three years, and a special account is set for management, etc.

Even half-insiders like Mu Beiming could see that the two concessions were a small fuss. The most important thing was Bai Yu's proposal to introduce the third largest shareholder, so that all parties such as FMC Heavy Industry would spend less money, but did not change the original equity structure.

If Guan Yueming had to raise some professional questions from the perspectives of economic management and SASAC equity, but Mu Beiming was only concerned about whether he could find a takeover!

"A few hundred million, I don't think the bosses and bosses cried and shouted," Mu Beiming said, but there was a first clash and spoke to Bai Yu much more politely. "I think so. The framework of the plan modification should be relatively mature, and it reflects our sincerity to the provincial leaders. The probability of reporting it to provincial leaders is very high. However, before this, it is best to implement investors with certain strength to prevent the plan from being passed, but the investors cannot find the opportunity to take over and delay the war. If it delays for a long time, it will be criticized by provincial leaders."

Afraid of criticism from leaders, this is Mu Beiming's realm, and of course it is also the realm of at least half of the cadres in the mainland officialdom. Just seeking to do things to the best of the situation, and not being criticized by leaders is the ultimate goal.

As for whether the goal has been truly achieved and whether it is beneficial to the country, people, and collective, it is not within the scope of these people's consideration.

"I immediately contact the interested company boss. Please let me take a breather from Director Sun's side to modify the framework."

Bai Yu said with a smile and humbly.

Mu Beiming couldn't wait to copy the full text and say it to Sun Gang, but took the credit for himself, saying that it was a modification made by the working group under its own guidance and supervision.

Sun Gang smiled and reported to Xu Shangli. When he heard this revision framework that retreated to advance, Xu Shangli's first reaction was that 99% of it was written by Bai Yu!

How could Mu Beiming think of it in a hurry? Perhaps he had not understood the meaning of it.

In an instant, Xu Shangli even suspected that this draft was Bai Yu's box-up, and the smokescreens that were thrown out before!

Because the sudden appearance of the third largest shareholder was a masterpiece, reversing the current deadlock of mutual inconvenience and secretly burying an indescribable nail.

"Since Comrade Beiming made the plan, Director Sun and him will report to He Shen Chang. He agreed. It is probably no problem for Yue Shen Chang Chang."
Chapter completed!
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