Shen Huai didn't tell Chen Dan and Xiao Li about meeting Kou Xuan at the Emperor International, where she was working as a "princess". He could sense that Kou Xuan was a very proud girl, perhaps too proud, and he saw a shadow of his former self in her. If he were to reach out and try to pull her back, it would only make her twist away and accelerate her downward slide...

  Next, at the party-government meeting in mid-April, Shen Hua will make an internal report to the town government on the equity restructuring plan of Meixi Steel Plant and this year's steel plant development plan.

  Apart from representatives of the steel plant such as Wang Kangsheng, Qian Wenhui, Xu Xiting and Zhao Dong, there were only thirteen members of the town party committee attending the meeting.

  At the meeting, Shen Huaiming clearly stated that the steel plant's goal for this year is 4 billion in output value and 400 million in profit.

  To achieve this goal, the steel plant's steel production this year must reach 1.5 million tons. At present, the steel plant has started preparing for the pre-technical preparations and is in contact with equipment suppliers, but to complete this goal by the end of the year, Shen Hua also prepared a writing board at the government meeting, which allows him to intuitively draw out some data and trend charts. He stood in front of the writing board, pointing to the data written on it, "The steel plant must raise 300 million yuan in development funds for equipment renovation and expansion of power supply by mid-year. Currently, relying on the steel plant's own profits and depreciation fund accumulation, about half of this can be completed by mid-year, leaving a funding gap of 150 million yuan..."

  "Given the high debt ratio of the steel factory, it is unlikely to obtain additional loans from banks in the short term; a feasible approach is to raise funds through equity financing. There are many ways to do this: borrowing money and paying interest, collecting deposits from workers, etc. Many companies have also raised funds through these methods, with varying degrees of success. I think we need to make some changes, and I plan to take the opportunity of restructuring to conduct equity financing," Shen Hua said. "The principle is simple, just like when we jointly established the Zilu Home Textiles Company. The audited net assets of Meixi Steel Factory currently stand at 50 million yuan, which belongs to the collective property of Meixi Town. All equity financing funds will be used to calculate shares based on actual investment. According to relevant regulations, in addition to the asset representative holding shares on behalf of Meixi Town, the restructured joint-stock company can have up to 200 shareholders at most. This time, I plan to expand shareholding and raise funds from three main aspects: Firstly, to make the steel factory management team align with the interests of the factory, so that they will have the motivation to develop the enterprise rather than just thinking about taking advantage of it. I plan to conduct equity financing for the steel factory management team, not exceeding 10%. Secondly, attracting investment is a top priority in our current work, and I plan to introduce foreign capital holding shares not exceeding 10%. Thirdly, as the steel factory belongs to the collective property of Meixi Town, maintaining its rights and interests is a responsibility that everyone present should undertake. This time, I plan to conduct equity financing for town government personnel, not exceeding 5%..."

  The town government only had Guo Quan assist Shen Huai in charge of the asset management work, and was familiar with the operation of Meixi Steel Plant. He Qing She, Li Feng, Huang Xinliang and others knew that Meixi Steel Plant was rising and revitalizing under Shen Huai's rectification, but they didn't know much about it.

  Annual output value of 4 billion, profit of 400 million, plus the national tax and land tax that should be paid, the total amount of tax and profit will exceed 600 million - this number is what He Qing She, Li Feng, Huang Xinliang and others dared not think about before.

  Although they didn't dare imagine this data before, Shen Hua put it forward as a goal, and they don't think it's too exaggerated.

  The steel plant has been profitable for five consecutive months, with profits exceeding 2 million. Even if nothing is done, this year's profit will exceed 20 million. It is not an impossible feat to complete the equity financing and equipment renovation before the middle of the year, increase production capacity, and achieve the goal of annual output value of 400 million and profit of 40 million.

  Perhaps this is a miracle, but in their eyes, Shen Hua has a pair of hands that can create miracles. Otherwise, why would Mei Xi Steel Factory be so different under Du Jian and Shen Hua?

  Of course, Shen Hua's proposed equity restructuring plan aims to solve a series of problems such as management holding shares and introducing external shareholders once and for all, which is equivalent to letting Meixi Steel Factory undergo a thorough change in its management structure. The step is quite big, He Qing She, Li Feng and others should not have supported it, but Shen Hua simultaneously expanded the scope of fundraising to within the town government, so they had to consider what benefits this would bring them.

  He Qinghua, Huang Xinliang and Li Feng are more concerned about the development of domestic steel industry.

  It is obvious that domestic steel has been in a state of long-term shortage, and the proportion of imported steel from overseas in 1993 was close to 20%, consuming a large amount of foreign exchange.

  Mei Xi Steel Plant was previously struggling to take a step forward, not because the market was not working, but ultimately because some people were too greedy and the management and technical level could not keep up. Measured by the profit level of domestic first-class steel enterprises such as Baosteel, Mei Xi Steel Plant can achieve an output value of 400 million yuan, with a profit of 40 million yuan is not exaggerated.

  Even if the net assets of the steel plant increase to 800 million after the equity restructuring, a profit of 400 million means an asset appreciation rate of 50%. In other words, investing 200,000 yuan in the steel plant's shares can increase its value to 300,000 yuan in one year; and if next year's situation does not change or even improves, it can appreciate to over 450,000 yuan.

  An opportunity to double or even triple one's money in just two years, a clean and profitable investment, is right in front of everyone. The temptation is quite great. For He Qing She, borrowing 100,000 or 200,000 yuan from relatives and friends to invest in the steel factory, being the town head doesn't matter anymore.

  "This is the equity restructuring plan that our department has been working on for a month. We won't bother with a show of hands, just sign your name if you agree..." Shen Hua handed a stack of plans to He Qing first.

  He Qing received the plan book, Shen Huai explained this plan book for nearly two hours, and he didn't need to open it again to take a closer look. He glanced at Guo Quan and thought: You guy, you're really determined to follow Shen Huai, this thing has been going on for a month now, not a single leak.

  He Qing thought he should be angry, but he really couldn't get angry, knowing that Shen Huan or Guo Quan had informed him in advance, and he would rather try to persuade Shen Huan to give up this plan.

  Ziluojia's textile is still a small scale, the town only invested 40 million yuan in assets, mainly land and factory buildings. Meixi Steel Factory is a key enterprise under the supervision of the municipal government, and the reform of equity must be approved by the city. Moreover, allowing management to hold shares is equivalent to letting them become the bosses of the factory, making them capitalists, which will lead to many rumors and criticism in society if it gets out.

  Think about it, Meixi Town and Meixi Steel Plant were able to make earth-shattering changes in just half a year, and Shen Hua's aggressive and forceful approach is inseparable from this.

  The emergence of miracles is always due to certain factors. Without the major renovation of the steel plant, how could it possibly take off so quickly and so high in just half a year?

  He Qing thought to himself that even if he didn't have Shen Hua's vision and ability, he should still have the courage to follow and support him. With this in mind, He Qing took out a pen from his pocket and signed his name on several proposal documents, handing them over to Li Feng who was sitting to Shen Hua's left.

  Li Feng also knew that once he signed his name, if any principled problems were exposed, everyone present would have to take responsibility together. He hesitated for a moment before signing his name.

  Looking at the party committee members and Wang Kangsheng, Qian Wenhui, Xu Xiting and others, one by one signed their names on the back of the plan book. Shen Huai said to He Qing She: "The main responsibility for the equity reform is still with Qian Wenhui and Guo Quan. If everything goes smoothly, the steel plant's expansion can be completed before August. After that, we will start the Jianggang Wharf project. We have less than four months to do the preliminary work. As for the steel plant, Zhao Dong will be in charge of this project. Will you be in charge of supervising the town?"

  Heting Town eventually could not refuse the conditions offered by Shenhuai, and after internal discussions, Heting Town agreed to cede two villages, Lishan and Caijiabridge, to Meixi Town. This would allow Meixi Town to possess riverbank resources, facilitating the construction of a steel mill wharf in Lishan Village. The condition was that Meixi Steel Mill would build a high-grade highway along the new border between the two towns, allowing both towns to plan industrial parks on either side of the highway simultaneously.

  Whether it is the adjustment of administrative regions between the two towns, or the Jianggang Terminal project, or the planning of a large-scale industrial park, it cannot be done through private transactions between the two towns.

  All these things need to be discussed and approved by the district committee meeting before being reported to the municipal government for approval. The procedures are not so simple to complete. In addition, it takes four months to prepare for the completion of the survey, design, and project review work by the Design Institute, which is a bit tight.

  Shen Huai communicated with Yuan Hongjun, and the adjustment of administrative regions will be proposed to the district with He Tang Town as the main body. Yuan Hongjun will go to the district today to report to Yang Yuguang and Pan Shihua about this matter, and first tentatively explore the district's intentions.

  Of course, to really enter the creation period, either Shen Hua or He Qing She must have someone in charge of this matter. Shen Hua doesn't want to have any free time and wants He Qing She to take care of it.

  He Qing nodded and took on the task, thinking to himself: Shen Huai's pace is indeed big, the steel mill equipment renovation and power expansion will require an investment of 30 million, and if the construction of the Jianggang Wharf starts this year, adding a two-kilometer-long highway will also require another 30 million, which might not be enough.

  However, these are fine, mainly the Meixi Iron and Steel Plant, the reconstruction and widening of Meixi Bridge and Xiamei Highway, this will be mainly led by the town government.

  He Qing thought to himself, at Shen Huai's speed, after the steel plant's equity restructuring is completed, he will promote the rebuilding of Mei Creek Bridge, but how can the funding gap of 200-300 million yuan for road and bridge projects be filled?

  Everyone has signed, and the plan book is handed back to Shen Huan. He glanced at it briefly and said: "The plan will be submitted in two days, but I hope everyone won't discuss this matter too much..."

  He Qing Society understood Shen Hua's concerns, after all, this reform has taken a big step forward, naturally also contains great policy risks. Once it causes widespread social attention and controversy, even Tan Qiping may not be able to withstand the pressure.

  Don't want this reform to end in stillbirth, the best way is to focus on work and avoid unnecessary controversy.

  Shen Huai threw the draft resolution to Guo Quan and announced the end of the meeting.

  The materials for the restructuring are still being prepared, and this time the management's shareholding ratio needs to reach 10%. But where do Jiang Kangsheng, Qian Wenhui, Xu Xiting and others have tens of millions of funds to hold shares? This also needs to be negotiated with Yixin Bank, requiring Yixin Bank to agree to provide a stock pledge loan.

  After all these preparations are in place, Shen Hua will report to the relevant district and municipal departments at the right time and complete the restructuring smoothly, so as to avoid causing major controversy.

  After the meeting, Shen Hua asked Zhao Dong to his office and asked him: "Xu Xiting and Wang Kangsheng are only willing to hold 0.5% of the shares; the extra share that the two of them have, I hope you can take over, is there any pressure?"

  "Lice are numerous, not afraid of biting. Others are millionaires, I am also one, but it's a negative number," Zhao Dong pulled up a chair and sat down in front of Shen Huai, "You really don't plan to hold shares?"

  "I've told you before, in China, there's no good thing about being an official and getting rich at the same time. I can only push for reform to move forward if I don't take advantage of benefits for myself. If I'm too self-interested, my confidence won't be strong enough," Shen Hua said.

  "Looking at He Zhenzhang and Li Shuji's attitude, I think they will also invest money," said Zhao Dong.

  "They don't show off as much as I do, so they're not as hated. Moreover, Old He and Old Li are both over 40 now. With the current emphasis on young officials, even if they get promoted again, they'll stop at deputy positions in the district or county level. They invested their money in the steel factory, supporting its development. In the future, when the steel factory develops, they can use this equity as retirement funds and not worry about what others say. Even if someone keeps bothering them, the worst that could happen is they lose their official position, but they won't have anything to regret," Shen Huai said with self-mockery, "I'm different, I'm addicted to being an official."

  "……" Zhao Dong smiled along with him.