Chapter 1131 Another Unlucky Person
The efficiency of the... layer is very high. Just when many people in the civil aviation system were trying to make a big fuss, a total of more than 40 people in the civil aviation system were arrested at the same time and entered into a secret investigation process.
In view of the impending election and the handover between the old and new leadership groups, this matter did not escalate to a large extent, but the strong smell of gunpowder smoke was felt internally.
Fan Wubing's action, especially the timing, surprised some old political figures. It does take a lot of courage to take action when others are afraid to avoid it, because one mistake can be very dangerous. It is obvious that it may affect Fan Heng's re-election.
But Fan Wubing did it, and he was extremely ruthless. More than 40 department and bureau-level cadres were arrested at the same time, which can not but be said to be a shocking case.
After this experience, people can also feel the decisiveness and strength of Fan's father and son. From now on, no one dares to underestimate them.
"It's not that people don't have that energy. It's just that people usually don't bother to pay attention to you." When commenting on this matter, someone summarized the behavior style of Fan and his son.
Of course, Fan Wubing was not the only one who chose to do big things at this time. A relatively big thing also happened in the Northeast, but it was not in the officialdom, nor was it targeted at a state-owned enterprise, but against a local enterprise with complex components.
When it comes to this company, it is also quite famous, it is the famous Brilliance Company.
As for the people who are also unlucky, they are not the same group. But one, a relatively famous capital player named Yang Rong.
Speaking of Yang Rong, this person can be said to be the leading capital operation master in the country. His mind and structure are certainly very comparable to others.
In the summer of 1991, the most sensational news in China's business world was the exchange of canned goods for airplanes. Mou Zhizhi of the Nande Group exchanged 500 wagons of daily necessities worth 400 million yuan for four Soviet-made concave planes. He claimed to have made 80 million to 100 million from them.
While people were discussing this boxing enthusiastically, Yang Rong, who was thirty-five years old at the time, was very disdainful. At that time, a capital operation project that he painstakingly planned was coming to an end. It's certainly a lot more sophisticated and sophisticated than bartering cans for planes.
Yang Rong is from Jiangyin and graduated from junior high school. First he worked as a chef, then he contracted a small store in his hometown, then he worked in Jiangyin Foreign Trade Company, and later he went to Shanghai to engage in stock trading.
At that time, the Shanghai East Lake Hotel was the base for early speculators. The famous Shanghai Yang Wanwan, Liu Tai, Zhu Huanliang and others all camped here to make money. Yang Rong hung out with this group of people every day.
Making trouble and making some money. At the same time, he also developed some operational skills of vertical and horizontal opening and closing.
Later, Yang Rong went to Hong Kong and founded Huabo Finance Company, but he was in Hong Kong and focused on the mainland. We are fully aware that the capital reform of state-owned enterprises will bring huge profit potential.
At that time, Shenyang Jinbei Automobile was the first large state-owned enterprise in Northeast China to attempt joint-stock reform. In 1988, it sold 100 million yuan worth of shares to domestic and foreign companies. It lasted more than a year but received very little response. The company even posted a notice selling shares in the courtyard of the National Restructuring Commission, but only sold more than 20,000 yuan in a whole day. .
At this moment, Yang Rong came to negotiate. He bought 40% of Jinbei Motors' shares for US$12 million, and then arranged a key share exchange to expand his holding ratio to 51%, becoming the company's absolute controlling shareholder. . For this purpose, he specially set up a project company in the Pacific island of Bermuda, Brilliance China Automobile Holdings Co., Ltd., which is 100% controlled by Huabo.
He also quietly completed the capital transformation of Huabo. Its shareholding structure was dominated by Yang Rong, who accounted for 10% of the capital.
ten.
After completing this series of long-term capital portfolio, Yang Rong began to plan to be listed on the New York Stock Exchange in the United States. At that time, China had not yet established the Securities Regulatory Commission, and there was no precedent for Yangrong's operations. In order to give listed companies a more legal and reasonable identity, Yang Rongchou established the non-profit China Financial Education Foundation, founded by the Education Department of the People's Bank of China, Brilliance Holdings, China Finance Institute and Hainan Huayin Home , In this way, Yang Rong put on a prominent red hat with many decisive state-owned capital backgrounds.
However, looking back later, it was precisely the hat of state-owned capital that harmed him. As the saying goes, success is also a failure.
In 1992, Brilliance China Auto was successfully listed in New York, raising US$72 million. This is the first overseas listing of a Chinese company. For the New York Stock Exchange, this is also the first officially listed stock from a socialist country. It was a sensation in the U.S. stock market that year.
Brilliance's IPO made Yang Rong famous. He soon realized that the automobile industry he accidentally entered may be the most promising field in China. Since 1995, Yang Rong has taken over the management of Jinbei Bus as a major shareholder.
The automobile industry at that time was suffering from cessation of operations for many years. All the major automobile manufacturers are treading water without much desire to fight. The industry is heavily regulated and full of sluggishness. When Yang Rong really entered, this strategist with a very clear and keen view of the overall situation quickly became a troublesome disruptor.
Jinbei Company's flagship product is the Hiace minibus. In this market, Changchun FAW's Jiefang minibus is the well-deserved minibus and is in the limelight. Yang Rong mobilized all the best researchers in the company to develop a new low-cost Sea Lion specifically for Xiao Jiefang.
type.
During this period, there was an anecdote that showed Yang Rong's temperament. Yang Rong once went to Changchun to visit the chairman of FAW. The other party treated him with arrogance, and Yang Rong felt very angry.
Therefore, after the new model of Hiace was designed, Yang Rong rolled up the drawings and went to the other party again, saying that once I sell this car, your little Jiefang will definitely not survive. But if I drive this car, I will definitely lose money. I produce 500 units a month, which is 5,000 units a year at a discount. You give me 10,000 yuan per car, a total of 50 million yuan, and I will sell you the license for this model. I have informed you of this situation, if you don’t agree. I just did it my way.
The chairman of FAW had never seen such a person before and thought he was crazy, so he naturally ignored him.
However, after the new Hiace was launched on the market, it was very popular among users in small and medium-sized towns because of its novel style, low price, and flexible marketing methods. Just one year later, FAW Jiefang turned from profit to loss, and two years later, it was forced to withdraw. competition.
Since the end of 1997, Yang Rong has been planning to introduce German technology and equipment to build a domestic sedan production line with an annual output of 100,000 vehicles. He proposed to manufacture Chinese cars with 100% intellectual property rights. As soon as this statement was made, industry leaders shook their heads.
Yang Rong builds cars, not like other entrepreneurs who follow the steps step by step. He is China's leading capital operation master. His mind and structure are of course very comparable to others. He implements a dual-track strategy in building his own brand. On the one hand, he cultivates core research capabilities through commissioned design and rolling accumulation. Brilliance invested 100 million yuan to jointly establish the Tsinghua University Automotive Engineering Research Institute with Tsinghua University. Yang Rong served as chairman of the hospital.
On the other hand, we break the conventional cooperation model and seek cooperation in different forms and contents with world-class automobile companies in the atmosphere of China's integration into the globalization. He has successively carried out extensive cooperation with five major international automobile companies including BMW, General Motors and Toyota. In this way, the development of cars with independent property rights is no longer done behind closed doors.
In addition to building an industry and capital platform around automobiles, Yang Chuan also frequently made moves and got involved in other fields. Under his strong operation, Brilliance branched out like a big octopus. By last year, Yang Rong had created a market value The Brilliance Group, which amounts to RMB 24.6 billion, has five listed companies and more than 150 affiliated companies within the group, of which 130 are controlled.
Home.
Today, Brilliance has eight automobile production lines and more than ten automobile and parts factories. An unprecedented system of integration of finance and industry has formed in China's automobile industry.
According to Yang Rong's plan, Brilliance will form three major sectors including automobiles, finance and infrastructure under a financial holding company in the future. Among them, automobiles account for 80% of the total output value. By 2010, it will achieve production and sales of 1.5 million vehicles, operating income of 200 billion yuan, and profit of 20 billion yuan.
No doubt, if this goal is achieved. Brilliance will become China's largest automobile company.
Unfortunately, Fan Wubing was born midway. It has entered the domestic automobile market and launched various models with completely independent intellectual property rights. Suddenly his plan was shattered.
But despite this, at the end of 2000, the first generation of Chinese sedan was rolled off the assembly line in Shenyang.
In January last year, in order to commend the first Zhonghua sedan that rolled off the production line, the Shenyang Municipal Government held a very grand ceremony and awarded Yangrong the title of Honorary Citizen. And two thousand years of company performance. Brilliance's after-tax profit is a record 1.8 billion, ranking second only to Fanshi, Shanghai Volkswagen and FAW-Volkswagen in the automobile industry.
In March last year, a major earthquake occurred in Shenyang's political circles. The mayor and executive deputy mayor were detained for corruption. The case involved a wide range of matters, with more than 120 important officials involved in the city. As the most well-known large enterprise in Shenyang, Brilliance has very close interactions with the government. The current Nao's defeat will naturally affect Yang Rong's strategic thinking.
It was at this time that Yang Rong's judgment finally went wrong and he made a wrong move. This wrong move led to the collapse of his entire career. "The second update today is sent to Yiyiyi (to be continued)