PNB Chapter 320 Enterprise Reform Plan 2
Chapter 320 Enterprise Reform Plan 2
"Sir, I think the county could contract out these enterprises to capable cadres!"
Wenxue Hui said.
After all, the country has been promoting the contract responsibility system for several years, and many places have done a good job. Jinshan County can learn from them.
"Okay, Xiaowen, take these next few days to learn more about the businesses in our county."
Let's examine their business operations and identify any problems they may have.
Then you write me a solution!
Qi Tongwei said.
Wen Xuehui's knowledge is still insufficient; he doesn't even know that the third stage of state-owned enterprise reform involves property rights reform and shareholding system pilot programs.
It is still in the second stage, which is the contract management responsibility system.
However, this is not Wenxue Hui's fault.
Wen Xuehui was only a graduate of Luzhou Teachers College, and after graduation he taught at Jinshan County Middle School, so he had very little contact with the outside world.
Qi Tongwei assigned him this task to understand the operating conditions and problems of these enterprises in the county, and to incidentally train Wen Xuehui's abilities.
"Okay, leader!"
Wenxue Hui nodded.
County Chief Qi entrusted him with this task, which meant he truly trusted him.
Then I went off to get busy.
"Haiyang, what do you think we should do about these businesses in our county?"
When Lin Haiyang came in, Qi Tongwei asked the same question again.
Compared to Wen Xuehui, Lin Haiyang started working in a government unit and has a better understanding of the situation in the county.
Lin Haiyang also has a better understanding of the country's policies.
"County Chief Qi, most of the enterprises in our county are no longer viable."
Unless the county makes a significant effort to reform, these businesses will go bankrupt within a few years.
At that time, resettling laid-off workers will become a major problem for the county.
I believe the first step is to understand these companies, figure out their key problems, and then address them accordingly.
For example, contracting out the company to capable individuals and implementing a shareholding system reform.
Lin Haiyang explained the solution he had come up with.
"Who would be the most suitable person to contract it out to? How should the shareholding system reform be carried out?"
What if some enterprises are already heavily indebted, no one is willing to take over, and they are unable to carry out shareholding reform?
Qi Tongwei asked.
Lin Haiyang's ideas are in line with the times, but his thinking is not deep enough.
Contract management is not a good solution and cannot effectively save a company.
Otherwise, the country wouldn't have introduced property rights reform and shareholding system reform.
The shareholding system reform was still a problem that Qi Tongwei had worried about before, because the employees couldn't come up with the money.
Introducing external capital would fail to protect the interests of employees.
Some business owners deliberately bankrupt their companies, first extracting large sums of money from the company, and then using the money obtained from the company to buy it back.
In fact, Qi Tongwei deeply regrets not having researched enterprise reform earlier and not having published related articles.
Otherwise, he would have already gained considerable fame for his work in corporate reform.
"County Chief Qi, I think it's possible to contract it out to the leaders of enterprises or private individuals."
There's no need to worry about a lack of willing contractors; many people are already eager to take on the project, but the county lacks relevant policies.
This way, the county can shed the burden on the enterprises.
In terms of shareholding reform, there are three approaches: worker shareholding, the introduction of private investment, and the simultaneous introduction of private investment and worker shareholding.
As for heavily indebted companies, I think it's better to just let them go bankrupt.
When a company goes bankrupt, its debt problems disappear as well.
However, the county needs to provide resettlement for laid-off workers.
Lin Haiyang said.
In recent years, some people in the county have made some money doing business and want to take over those enterprises in the county that are about to go out of business.
Some business leaders also want to contract out their businesses.
The shareholding system reform goes without saying; workers hold shares and become the owners of the company.
They will work even harder.
"How should laid-off workers be resettled? How can workers hold shares?"
Qi Tongwei continued to ask.
Laid-off workers are difficult to resettle; otherwise, there wouldn't be a wave of layoffs.
The only solution is to pay layoff compensation, buy out social security contributions, and dismiss employees.
"County Chief Qi, regarding the resettlement of laid-off workers, the first thing we need to do is to make the majority of enterprise employees understand that this is an inevitable trend and there is nothing we can do about it."
Secondly, we will buy out the social security contributions of enterprise employees, provide them with layoff resettlement fees, and introduce some policies to support them in finding their own way to make a living.
The reform of enterprises into shareholding companies must first safeguard the interests of the state, with the government holding a majority stake in the enterprise, meaning the government owns more than half of the shares.
Secondly, to protect the interests of employees, their shares should also account for a considerable portion.
If workers cannot acquire a large shareholding, then private investment should be introduced.
Lin Haiyang said.
"Your idea is good. Here's what you've done: organize it, then refine it further, and write a report for me!"
Lin Haiyang's method still has many shortcomings, but Qi Tongwei, with the idea of training Lin Haiyang, asked him to make a report first.
"Yes, County Chief Qi!"
Lin Haiyang said excitedly.
Enterprise reform is a major national issue, and a well-prepared report may be adopted by the county.
At that time, we might be able to achieve a good result.
That way, I might be able to get promoted to section chief very soon.
"By the way, Haiyang, when you're writing the report, do a thorough investigation of the situation of these enterprises in our county, and try to make the plan as detailed as possible!"
Qi Tongwei said.
The most important thing is that the method is feasible, because doing so will likely show results quickly.
"Yes, County Chief Qi!"
Lin Haiyang nodded.
Qi Tongwei also began to think about how to carry out enterprise reform in Jinshan County, and then prepared to publish related articles.
After arriving in Jinshan County, Qi Tongwei was busy looking for a way to develop the area and didn't have much energy to write articles.
He only wrote one article: "To get rich, build roads first; the primary task for the development of backward areas is to build roads."
However, Qi Tongwei recently received another batch of royalties.
The sixth batch of royalties from the publication of "The Rise of a Great Power" by the People's Daily, Freedom Daily, and Han River Daily—468 million (after tax).
By this point, the circulation of "The Rise of a Great Power" had reached 256 million copies.
Of course, Qi Tongwei used the money for the renovation of the courtyard houses and old buildings in Jingzhou.
In the second half of the year, I can earn a steady stream of rental income from the courtyard houses and apartment buildings in Jingzhou.
Qi Tongwei didn't touch the money in his Hong Kong account; instead, he shorted the Hang Seng Index.
From January to August, the Hang Seng Index fell from 1000 points to 8000 points, a drop of nearly 33%.
As a result, Qi Tongwei earned HK$4320 million, and the HK$1300 million in his Hong Kong account became HK$5620 million.
Qi Tongwei's enterprise reform plan also plans to proceed in several steps, based on the specific circumstances of enterprises in Jinshan County.
One option is bankruptcy, which allows heavily indebted and unsustainable companies to go bankrupt directly.
They bought out the social security of the company's employees, paid them layoff resettlement fees, and then assigned them to road construction and county town construction sites.
Jinshan County is currently undertaking large-scale road construction and urban development, which requires a large workforce.
Laid-off workers will not be without work.
At the same time, some berths are provided to laid-off workers to make it easier for them to make a living.