Chapter 37 Chapter Thirty-Seven

The dispute over the property rights of Weiye International was preliminarily resolved within the scope designated by the SASAC under the personal intervention of Zhao Anbang and Vice Governor Chen, and the two parties signed a package of framework agreements.The agreement stipulates that 67% of Weiye International's equity will be state-owned, but the provincial government promises that 45% of the equity will be socialized, and the processing time will be two years.Under the same conditions, Bai Yuanwei and the senior management of Weiye International have the right of first refusal.At the same time, it is promised that during the two-year transition period, Bai Yuanwei and the senior management will be allowed to use the 20% reward equity and the original 13% management shareholding to control the operation, that is to say, Bai Yuanwei will continue to control with 33% equity Albert.

In fact, there is a loophole: the socialization of state-owned equity will be carried out in two years. During the two-year transition period, the state-owned shares will still dominate, far exceeding the 33% in Bai Yuanwei's hands, allowing Bai Yuanwei to continue The holding operation is actually very unreasonable.Therefore, the original text stipulates that Bai Yuanwei's holding operation will be two years later. During the two-year transitional period, she, Sun Lusheng, the deputy director of the Provincial State-owned Assets Supervision and Administration Commission, should concurrently serve as the chairman of the board of directors.Bai Yuanwei resolutely refused to do it, and fought with her again and again, from the State-owned Assets Supervision and Administration Commission to the provincial government, which made Vice Governor Chen's head swell.In the end, it was Zhao Anbang who made the final decision: Focus on the overall situation and make a concession. Anyway, if Bai Yuanwei is to be operated by the holding company, it is only a matter of time.

After the formal signing of the framework agreement, Sun Lusheng still did not let down his vigilance against Bai Yuanwei. Although the board of supervisors had not met for re-election, and she had not yet taken office as the chairman, the duties of the chairman of the board of supervisors were performed in conjunction with asset and capital verification.This led to the discovery of a big problem: In just over three months, the shares held by Bai Yuanwei and his executives suddenly changed drastically for some reason!In particular, "Weiye China", which is listed on NASDAQ, has reached the level of relative holding. Only Xinwei International Enterprise Investment Co., Ltd. registered in the Virgin Islands owns 48% of the shares.Bai Yuanwei, a domestic "Weiye Controlling Chamber" whose main business is steel, also quietly increased its holdings of more than 30 million shares in the secondary market through several private equity funds and investment companies controlled by it, owning 21% of all outstanding shares. became the largest shareholder.These two listed companies are the main flagships of Weiye International Group. Their asset share accounts for about 35% of the group's total assets, and more than 45% in terms of market value. market liquidity.Reminiscent of the fundraising activities of Bai Yuanwei and Xinwei Investment Company in Europe a while ago, Sun Lusheng suddenly understood: Bai Yuanwei is really cunning, and he has already made two-handed preparations. Its two most important flagships have joined the new fleet invested by Xinwei.Although Wei Wei's assets account for 65% of the total assets, they are not good enough. Some are growing, and some are still losing money!This is really indescribable, he quietly cut off the fattest meat, leaving a pile of bones!

After explaining these situations to Zhao Anbang in detail, instead of being surprised, Zhao Anbang laughed, "Look, this Bai Yuanwei is formidable, isn't he? No easier to deal with than the KMT at the negotiating table back then! During the past three months, he and His team is not idle, maybe even busier than your SASAC! He dispatched troops from home and abroad, and the stock market and foreign exchange market played a defensive counterattack quite beautifully! Director Sun, are you convinced? " Sun Lusheng was really convinced, and sighed: "Now I understand why Bai Yuanwei is not in a hurry when Weiye International's domestic and overseas stocks continue to plummet? He just wants to take advantage of the so-called bad news to suppress the stock price and take the goods at the bottom! Who dares to leave? This kind of risky trick? There were so many rumors on the Internet at the time, even saying that Bai Yuanwei was put on file for review. As a party involved, who wouldn’t rush to refute the rumors and clarify? He Bai Yuanwei didn’t say a word, and I even suspected that he deliberately spread rumors! "

Zhao Anbang said: "This may not be true, but it can't be said that it's all rumors. Didn't you, Sun Lusheng, just think about issuing a warrant? Comrade Huabei also said in front of me that if it doesn't work, we will open a case for investigation! Fortunately, we have always been sober Yes, the framework agreement was still signed with Bai Yuanwei, or let him continue to control and operate, so there is no need for his two flagships to go out! Oh, tell me, how much more their equity has increased in this way? " Sun Lusheng said: "I calculated it, and it has increased by 9.8 percentage points, accounting for nearly 43%."

Zhao Anbang pondered for a while, "Okay, this is also part of the socialization process, let them continue to buy, you go tell Bai Yuanwei, don't just buy listed companies, we have to reduce the state-owned shares in our hands, within the scope of net assets Neiquan is given priority to transfer to him, if he really has the courage to buy another 8% of the shares, he can absolutely control it!" Sun Lusheng agreed: "That is, in this way, it is reasonable and legal for Bai Yuanwei to be the chairman of the board of directors of Weiye!" He also speculated, "I think it is possible for Bai Yuanwei to acquire 8% of the shares through an agreement. He Xinwei Investment We have a lot of funds under our banner, even if we don’t have enough, we can still borrow from small foreign banks, anyway, Bai Yuanwei has a lot of ways!”

Zhao Anbang didn't think so, "I don't think it's that simple. The funds under Baiyuanwei Xinwei Investment may be used for other purposes! Lu Sheng, don't forget that Pingzhou Port is currently under construction by Xinwei Investment, and Wenshan Iron and Steel Company, Bai Yuanwei told me that they are going to further expand the main business of Weiye Holdings and enter the second rolling mill!" Sun Lusheng was a little confused, "You mean, Bai Yuanwei is not interested in Absolute Holdings?" Zhao Anbang shook his head and said, "Why isn't he interested? However, with the overall situation already settled, he won't be in such a hurry, and he probably won't pay real money. Maybe he will find an opportunity to invest in capital operations. Make some articles on these two platforms, and asset conversion, and it is also possible to do something in the securities market!"

Sun Lusheng couldn't help but feel a bit useless, "Governor Zhao, tell me, have we suffered a defeat? Some comrades are talking behind their backs, saying that Bai Yuanwei is pressing every step of the way, and we have made too many concessions, and we are a little bit foreign..." Zhao Anbang got angry, his face pulled, and he said a lesson: "What is this called? Who knows foreign countries? Is it the State-owned Assets Supervision and Administration Commission or the provincial government? What kind of foreign countries are Bai Yuanwei and Weiye International? They have ulterior motives, don't listen to such words!" He breathed a long sigh of relief, and said, "Not to mention losing the battle, it is obviously a win-win deal! We finally reached an agreement with Bai Yuanwei, and the two flagships of Weiye Holdings and Weiye China have not been driven away! If we No strategy, no necessary concessions, really split up, let Weiye Holdings and Weiye China into the fleet of Xinwei Investment, let comrades like Ma Da guard the pile of tasteless rotten bones thrown by Bai Yuanwei, That would be a real failure!"

Sun Lusheng also thought about it, "Yes, if this is the case, Weiye International will be completely ruined!" Zhao Anbang was still not finished, and sighed: "Some of our comrades have problems with vision and thinking, and it is really difficult to talk to them! This result is good enough for me. The big winner in the win-win situation is not Bai Yuanwei, but us! The reduction of state-owned shares Holding can free up tens of billions of funds, and the remaining shares will allow Bai Yuanwei to replace us and continue to realize value-added. This is the first; Overseas funds in yuan and renminbi let Bai Yuanwei come in again, investing in Pingzhou Port and Wenshan Iron and Steel!"

Sun Lusheng asked curiously: "Forcing Xinwei to invest, Governor Zhao, did you expect it?" Zhao Anbang pondered: "No! However, I have thought of one thing: Desperation and predicament often make life produce amazing energy, especially for a capable person like Bai Yuanwei, he will definitely do amazing things! Now it's all right In the next step, if Bai Yuanwei can be persuaded to invest Xinwei in Weiye International, the scale of Weiye International will be even bigger!" Sun Lusheng said convincingly: "Governor Zhao, you are really far-sighted, courageous and insightful!"

Zhao Anbang waved his hand, "There are some things that I didn't foresee! When I talked with Bai Yuanwei at the Ningchuan Fortune Conference, I thought of him suppressing the stock price and forcing the palace, but I didn't expect him to make a big deal out of nothing! Don't take it lightly, Albert China and Weiye hold two flagships, maybe they will drive away, this ally is still wary of us!" Sun Lusheng said: "It's true, if we don't implement the framework agreement, Bai Yuanwei might really do it!" Zhao Anbang nodded and said: "So, you, Sun Lusheng, must be clear-headed. This agreement must be strictly implemented, and don't give Bai Yuanwei any excuse to break the contract! The relevant contracts under the framework agreement must also be strictly controlled, and the 'Ningchuan Construction' incident will never happen again." Kind of thing! Don't forget, we have suffered a lot from him in 'Ningchuan Construction'!" Sun Lusheng also thought of the turmoil in the transfer of state-owned shares of "Ningchuan Construction" that happened that year. In 1995, Bai Yuanwei's Weiye International acquired and reorganized the listed company "Ningchuan Construction" in the form of state-owned equity transfer.At that time, Zhao Anbang was in charge of the work in Ningchuan and served as the secretary of the municipal party committee. She was the director of the Ningchuan City Finance Bureau, and it was the first time she dealt with Bai Yuanwei and Weiye International.Because Weiye International claims to be a large state-owned enterprise affiliated to a certain state ministry in Beijing, and she didn't recognize Bai Yuanwei's cunning face, she fell into a big trap.Bai Yuanwei is well aware of the assets and liabilities of "Ningchuan Construction". On the premise of recognizing the assets and liabilities, he signed a 30 million state-owned equity transfer agreement with the Ningchuan City Finance Bureau.It is also because of the serious debt that the total transfer price of the 30 million state-owned shares is less than 20 million.However, after being transferred to control "Ningchuan Construction", Bai Yuanwei immediately bit back, saying that he didn't know that the company had so many debts, and asked the original controlling shareholder, the Municipal Finance Bureau, to be responsible for repaying nearly 200 million in debt.She quit the Municipal Finance Bureau and argued hard.Fortunately, Bai Yuanwei acted according to the law and held an extraordinary general meeting of shareholders. Shareholders made a fuss, alarming Zhao Anbang.Zhao Anbang wanted to take a look at the state-owned share transfer agreement, so he slapped the table on the spot and scolded her severely.She was inexperienced, and it was not explicitly stated in the invisible guaranteed debt agreement.Zhao Anbang said, what else is there to say?You have been fooled by others, you have to pay back the two billion, and you will lose the case in court! The 200 million was repaid in this way. Bai Yuanwei and his Weiye International have achieved brilliant results. They obtained a controlling stake in a listed company at a price of less than 20 million, and made a net profit of more than 80 million in the secondary market. For the first time in her life, she was punished for this mistake: a major administrative demerit. Fortunately, God has eyes, a year later, Bai Yuanwei finally fell into her hands, and gave her an excellent opportunity for revenge.This time it is the acquisition of the listed company "Electric Motor Shares". "Electric Machinery Co., Ltd." is heavily in debt and is facing delisting, which is a heavy burden.Bai Yuanwei, a grasshopper, became popular, and came to buy and reorganize again.This man only saw the debts on the books, and he didn't find the bad debts and hidden debts in the dark.She also has experience, and it is clearly written in black and white on the state-owned share transfer agreement: all creditor's rights and debts shall be borne by the transferee.Bai Yuanwei didn't become suspicious either, thinking that she was intimidated by "Ningchuan Construction".As a result, it is conceivable that Bai Yuanwei lost miserably, and lost more than 450 million yuan, and only got out of the "Electric Motor Shares" two years later.Knowing this situation, Zhao Anbang was overjoyed, and said yes, our Director Sun is not just for nothing after all, and we have made Bai Yuanwei one to one, which is worthy of congratulations! Zhao Anbang also thought of this one-to-one ratio, "Lu Sheng, on 'Ningchuan Construction', you suffered from Bai Yuanwei's loss, and on 'Electric Machinery Shares', you still made money back. I remember I specially congratulated you. Yes or no?" Sun Lusheng laughed and said, "Then I'm still at a loss. For the mistake of 'Ningchuan Construction', you should give me a major demerit!" Zhao Anbang also laughed, "What's a major demerit? I have more penalties than you!" He asked casually, "Hey, how is this 'Electric Machinery' stock now? It seems that there is no such stock in the stock market. Well!" Sun Lusheng sneered: "Why not? Chinese stocks also have Chinese characteristics. How could they be easily delisted? After Bai Yuanwei and Weiye International cut their flesh and quit, a man named Xu Keming went to reorganize again, engaged in ecological agriculture, and the stock was renamed Green. It’s idyllic, it’s said that it’s become some kind of blue-chip stock, and it’s going crazy in the stock market these days!” Zhao Anbang thought about it, "Oh, Lu Sheng, is that the listed company that wants to sue you?" Sun Lusheng shook his head with a wry smile, "Okay, Governor Zhao, you are not too bureaucratic, you still remember this!" Zhao Anbang said: "Why don't I remember? Has this matter been resolved? If you should apologize, then just apologize!" Sun Lusheng became angry all of a sudden, "What? I still apologize? Do they dare to come to me now? I can't wait to see them in court!" After hesitating for a while, he said, "It seems that I really have to report to you , the problem of the green pastoral is more serious than what I said in that article, and if it goes wrong, you may get Governor Zhao into it!" Zhao Anbang was stunned, "What's going on? Even if there is a problem with the green garden, it has nothing to do with me!" Sun Lusheng asked bluntly: "Hey, Governor Zhao, have you promised Xu Keming, the boss of Green Garden, that you will give him green garden policy support? Support them to use the power of the capital market to increase investment in modern agriculture ? Do you want to list their soybean base in Liuji Town, Wenshan, as a demonstration site of the Ministry of Agriculture? Is there any?" Zhao Anbang looked confused, "Comrade Lu Sheng, what's wrong even if I said these words? Oh, I remembered, I said these words when I met Xu Keming at the Ningchuan Fortune Summit three months ago You said it! At that time, Qian Huiren was also there, Xu Keming was introduced to me by Qian Huiren, Qian Huiren knows Xu Keming very well, and he is full of praise!" Sun Lusheng said: "Yes, you and Mayor Qian are full of praise, people will use your words to make a fuss, which will constitute a major benefit in the stock market! Green Garden has pulled more than a dozen daily limit in the past three months. The stock price has more than doubled! Now this company is not only suspected of fraudulent performance, it is also likely to be involved in major securities fraud!" Zhao Anbang was somewhat surprised, and laughed at himself: "Lu Sheng, according to your statement, I am also an accomplice?" Sun Lusheng didn't dare to make such a joke, and said seriously: "Governor Zhao, you can check it out online!" Zhao Anbang also took it seriously, "But I didn't say these words in public. I know our stock market is a policy market and a news market. When it comes to listed companies in public, I have always been more cautious. I will never say anything if I am not sure! Why? Will it be a mess on the Internet? Is that person surnamed Xu really trying to trick me? Isn't Qian Huiren wary of him?" Sun Lusheng blurted out, "What is Mayor Qian on guard against? Maybe Mayor Qian wants to stir up the green fields!" Zhao Anbang was stunned, "Sun Lusheng, please explain clearly: Why did Qian Huiren do this? Huh?" Sun Lusheng knew very well what the relationship between Zhao Anbang and Qian Huiren was. He knew that he had made a slip of the tongue, so he hurriedly took it back with a smile on his face, "Hey, hey, Governor Zhao, don't look at me like that! I...I'm also blind Just guessing! I...I think Mayor Qian at least misunderstood Xu Keming, and shouldn't have introduced this Xu Keming to you..." Unexpectedly, Zhao Anbang pursued him closely, "Lu Sheng, don't play tricks on me, just say what you want, just say it!" Sun Lusheng was still unwilling to say anything, so he changed the subject and said, "Governor Zhao, let's talk about Bai Yuanwei and Weiye International! You reminded me right, and it was timely. The relevant contracts under the framework agreement, my comrades and I will strictly check... " Zhao Anbang was distracted, picked up a pencil on the coffee table, and played with it in his hand, wondering what he was thinking. Sun Lusheng couldn't continue, "Governor Zhao, how about I go back first and report when I have new information?" Zhao Anbang stopped him, sighed, and said, "Lu Sheng, Qian Huiren is my old subordinate, and you are also my old subordinate. Why don't you want to talk to me? I don't think you are an official report today." , even if we two friends have a heart-to-heart talk in private, okay? Are you, Sun Lusheng, really willing to see me so confused and passive?" This was very sincere, Sun Lusheng thought for a while, and had to say, "Governor Zhao, do you know something? Bai Xiaoliang, the son of Bai Ming, has completely undone the stocks he embezzled public funds for, and he basically didn't lose any money!" " Zhao Anbang was very clever, and he knew everything, "So, Bai Xiaoliang used to speculate in green fields?" Sun Lusheng nodded, "Yes, so I have to wonder: Did Mayor Qian deliberately introduce Xu Keming to you for the sake of Bai Xiaoliang's quilt stocks, and then let Xu Keming go around, saying that the province wanted to give green money to you?" Preferential rural policies. What is the relationship between Mayor Qian and Secretary Tianming? You must help Bai Xiaoliang at this time!" Zhao Anbang asked straightforwardly: "Lu Sheng, do you also doubt me? I also deliberately let the air go like this?" Sun Lusheng hesitated for a long time, but still admitted, "So, Governor Zhao, I dare not say it! To tell the truth, Secretary Tianming also kindly favored me when he was in charge of the work in Ningchuan. I was the deputy director of the Finance Bureau under his I don't want to see Bai Xiaoliang get a heavy sentence, but the situation is much better now, I heard that the sentence is less than ten years!" Zhao Anbang thought for a while, then asked again: "Lu Sheng, you didn't say these words in front of Qian Huiren, did you?" Sun Lusheng said: "No, I haven't mentioned it in front of anyone. However, the problem of the green garden will still be exposed. Falsification of performance and securities fraud are both securities crimes. The China Securities Regulatory Commission will investigate sooner or later." Zhao Anbang understood everything, and said decisively: "Lu Sheng, we also need to investigate, focusing on Qian Huiren, to see if this comrade has been involved? How deep has he been involved? Is this green pastoral green, or is it green? Black? How many tricks are there! I leave this matter to you, go and find out the facts, and I am only responsible for myself!" Sun Lusheng looked at Zhao Anbang, stunned, "Governor Zhao, if... what if a major problem is found?" Zhao Anbang said coldly: "It's easy to handle, and it will be dealt with seriously according to party discipline and state law. This Qian Huiren is too courageous!" Sun Lusheng had a solid idea in his mind. Zhao Anbang's attitude today showed two points: first, Zhao Anbang had nothing to do with the Green Pastoral incident; second, Zhao Anbang was very annoyed by Qian Huiren's possible deception...