After returning from the provincial capital, Chen Dayong first called Huang Qubo, Governor Wang's secretary, to ask about the specific situation of the state-owned construction company in Xiuzhou City, and then immediately held a shareholders' meeting to discuss it. I informed everyone of the news I heard from Governor Wang. Now that there are hints and assurances from Governor Wang, several shareholders are of course extremely interested. Especially Zhang Chongxi, after all, he is young, also ambitious, Xingwang company after several years of development, can be said to almost monopolize more than half of the construction market in Hengyang County, but its development has also encountered a bottleneck, to get out of Hengyang County, further growth is a little difficult, and now with the help of the city's state-owned construction company restructuring opportunities, you can take the opportunity to go out of Hengyang County, to the province, and even the whole country, this is undoubtedly a once-in-a-lifetime opportunity for Xingwang company to take off, not to mention this time or the governor personally greeted him, such a cheap do not take advantage, that is a fool。

At this meeting, all shareholders voted in favor and unanimously decided to buy the state-owned construction company that will be reorganized if the price is right.

The specific executor was led by Zhang Chongxi, the deputy general manager and administrative manager, and the managers of several departments under him also actively cooperated. After the meeting, these people hurriedly packed up and rushed to Xiuzhou City.

This state-owned construction company is the sixth construction company in Xiuzhou City, and the reason for its restructuring is, of course, because of insolvency, which has been a common problem of most state-owned enterprises in China in recent years. However, as the so-called emaciated camel is bigger than a horse, although the Sixth Construction Company is insolvent and can be said to have declared bankruptcy, its fixed assets are still very objective, with a five-story office building built in the 80s, and there are two parcels of land under its name, one with a land area of more than 10,000 square meters, close to the national highway, which is an ideal place for investment and setting up a factory; the other has a land area of more than 2,000 square meters, and there is a certain room for appreciation in the marginal area of the current urban area. In addition, there are nearly 200 employees who are officially on the staff, and more than half of them are large and small cadres.

In the eyes of Chen Dayong and others, it is hard to believe that a state-owned construction company of this scale could go bankrupt, but things in the world are so magical.

Because Huang Qubo, the secretary of the governor, greeted the relevant leaders of Xiuzhou City, and Liu Yongsheng, deputy of the municipal party committee and political and legal committee who was relied on by Chen Dayong as a backer, also sent a secretary this time, and took Zhang Chongxi and others to meet with the leaders of several relevant departments. So, things went very smoothly. Soon after, two plans were given to the Xingwang Construction Company: the first plan was to bear all the debts of the Sixth Construction Company of nearly 10 million, and another 10 million yuan was injected into the company, so that it could own 60 percent of the shares, and the other plan was to contribute 25 million yuan at a time to buy out the whole company, so that it would not have to bear debts, but it would also have to solve the work of nearly 200 or so people of the Sixth Construction Company.

For these two plans, several shareholders of Xingwang Construction Company are inclined to the second plan, but except for Chen Dayong, other shareholders, including Zhang Chongxi, cannot come up with too much money.

In recent years, Xingwang Construction Company has obtained the first qualification, the company's total assets are about 10 million, and the net assets are about 7 million, while the sixth construction company has a second-level qualification, with total assets of more than 20 million, and the 25 million they reported is relatively conservative and reasonable.

Finally, Xingwang Construction Company held another shareholders' meeting and unanimously decided to buy out the Sixth Construction Company as a whole. On the issue of funds, in addition to the liquidity on the company's books, the remaining shareholders have as much as they have, and the difference will be made up by Chen Dayong, the largest shareholder. The reason why Chen Dayong has this determination and courage is because of the support of his son Chen Feng. Because Chen Feng understands the location of the two plots of land under the name of the sixth construction company, not to mention, the large block of more than 10,000 square meters, just the land of more than 2,000 square meters, which is still on the edge of the city, if Chen Feng is not mistaken, five or six years later, the urban area will gradually expand, and the new office building of Xiuzhou Municipal Government will be moved here, and a large square will be built next to it, as well as new libraries, museums, science and technology museums and other landmark buildings, and then of course, the land price here has doubled several times. Just for this piece of land, buying the sixth construction company at this time is definitely a cost-effective business that will not lose money.

Chen Dayong is now 100% supportive of his son's construction, and besides, the money will also be spent from his manuscripts, and he himself hopes to further grow and prosper through this.

Zhang Chongxi is also very determined to break the kettle this time, selling cars and houses, borrowing 2 million, Huang Yong and Chen Dazhi both took out 500,000, Chen Deren is old after all, a little conservative, only took out 300,000, plus the 5 million that can still be used in the company now, a total of more than 8 million, in this way, if you want to acquire the sixth construction company, Chen Dayong, the major shareholder, will have to pay nearly 20 million. Several shareholders, including Huang Yong, who went to Hong Kong with Chen Dayong and his son, thought that Chen Dayong would not be able to come up with so much money in a short period of time, but did not want them to come up with money one after another. The purchase price of 25 million yuan was paid, but the article on the incidental arrangement of the work of the former employees was slightly modified, and the key personnel of the Sixth Construction Company could be hired with high salaries, and in addition, the original ordinary employees who wanted to leave were all paid 5,000 yuan at a time, and the cadres and personnel of the original company were given 10,000 yuan at a time. The reason why Chen Dayong did this was also under the guidance of Secretary Huang, the reason why the Sixth Construction Company would go bankrupt was because of this large number of cadres who were floating in things, so how could he dare to leave this group of "Bodhisattvas", he would rather spend more money and invite them away. In the end, most of the original employees of the Sixth Construction Company left, and the original cadres were gone, and there were only a few left.

Xingwang Construction Company was busy from top to bottom for more than two months before it completely took over the Sixth Construction Company, and Xingwang Company was renamed Xiuzhou Xingwang Construction Company and obtained the second-level qualification of construction.

Xingwang Construction Company can be said to have swallowed the sixth construction company like a snake this time, with a registered capital of more than 20 million yuan and a net asset of 30 million yuan after the reorganization. Among them, Chen Dayong of course accounts for the absolute majority, holding 80% of the shares, Zhang Chongxi this time because of the capital of 2 million, accounting for 12%, a slight improvement from the original proportion, Chen Dazhi, Huang Yong, Chen Deren, each accounted for the remaining shares.

During this period, Chen Dayong personally sat in the urban area and recruited a large number of high-quality construction industry professionals to the society, laying a solid talent foundation for the future development of Xingwang.

A month later, the already growing Xingwang Company took over the first real big order - to rebuild a famous commercial street in the center of Luo'an City (formerly Luo'an County). The scale of this commercial street is incomparable to the commercial street in the countryside of Yuyang Town, and the price of a façade house of the same area is at least ten times different. The total project cost is 200 million yuan, and it is expected to be completed within 16 months.

To be able to take over this big project, Zhang Youwei, the uncle of Zhang Chongxi, who has been transferred to the deputy mayor of Luo'an City, has made a lot of efforts. Of course, the reason why it succeeded in the end was because Secretary Huang greeted the relevant leaders of Luo'an City.

Xingwang Construction Company, soon after the completion of the merger and reorganization, won this government project, itself shows its strong strength and background, the company's several heads rushed to Luo'an City as soon as possible, 24 hours a day to take turns to sit at the construction site. Strive to do a good job in the first battle, which indicates that the prosperous company is about to take off.

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