The 1990s was an era of ice and fire.
In this era, miracles could be born in an instant,
Rome could be built in a day, people could be bold enough to achieve anything they thought possible.
This is not empty talk!
For example, CCTV founded the Bid King in 1994.
From the opening of the bidding, the company that wins the Bid King is the creator of miracles!
For example, Qin Chi spent 66.66 million yuan to win the bid in 1995.
After winning the bid, his reputation skyrocketed overnight and he quickly became the best-selling liquor in China today.
The sales volume can be said to be booming!
According to statistics, it has sold more than 200 million liquor this quarter.
Taking into account subsequent orders, it is certain that its sales this year will not be less than 1 billion!
There was a saying among those who went to win the bid that winning the bid was to drive a Santana to CCTV every day, and then drive out a luxury Audi every day!
Another five-year plan made by three health care product companies: in 1995, it reached 1.6 billion to 2 billion yuan, with a development rate of 1,600% to 2,000%. In 1996, the growth rate dropped to 400%, reaching 10 billion yuan.
It’s jaw-dropping, and the thing is, it did it!
All this was because private enterprises at that time had a dream, that is, to become a Fortune 500 company!
Ever since"Fortune" magazine on the other side of the ocean ranked global companies based on sales and total capital and created a Fortune 500, it has become the totem of private entrepreneurs in China!
The annual"Fortune 500" ranking is like the Olympics in the business world, attracting blazing eyes from the East.
From top to bottom, everyone is working hard to get into the Fortune 500 list!
Especially after seeing the miracle of Daewoo on the peninsula, most companies want to learn from Daewoo and expand their business scale through mergers and acquisitions.
This is the fiery side!
On the contrary, state-owned enterprise clusters have been unable to extricate themselves from inefficiency and the old system.
The net sales profit margin of budgeted state-owned enterprises has dropped to a historical low, and bankruptcies have been like a landslide and tsunami!
From the promulgation of the Bankruptcy Law in 1986 until 1995, there were only 121 bankrupt state-owned enterprises nationwide.
As a result, after entering 1996, these dominoes collapsed all of a sudden.
At least dozens of state-owned enterprises closed down every day.
The situation was shocking.
At that time, state-owned enterprises faced three major difficulties: first, losses remained high; second, the efficiency of the use of corporate funds was low; third, the capital profit rate and cost profit rate of state-owned enterprises were lower than those of non-state-owned enterprises.
With losses year after year, low efficiency, difficulty in selling products, and tight funds, state-owned enterprises have become a persistent problem for the local area.
In order to solve this problem, the higher authorities re-established the China Securities Regulatory Commission and took back the power of stock issuance from the Shanghai and Pengcheng exchanges.
From then on, a listing mechanism of the"indicator quota system" was implemented to comprehensively support state-owned enterprises, that is, the listing quota is determined by the above, and then allocated to various ministries and commissions according to the system, and to provinces, cities, and autonomous regions according to region.
After receiving the listing quotas, each province, city, autonomous region and department must allocate them according to their own systems.
The vast majority of these indicators are allocated to state-owned enterprises in various places.
This is the reason why Liu Guanghan brought his brothers to Beijing.
There are indeed countless opportunities to make a fortune in the market, but it seems that the biggest opportunity lies in this power!
Liu Guanghan has worked hard on this.
He said eloquently:"As long as we get the indicators, we can divest assets and reorganize the industry."
State-owned enterprises are the disciples of the emperor, and the difficulty of listing them is far lower than that of private enterprises.
Even though So, you still have to submit a beautiful test paper to the society.
What makes the test paper beautiful is asset divestiture and industrial restructuring, which are actually financial games.
The specific method is that one company first falsely increased profits by more than 10 million yuan, and then paid income tax at a tax rate of 33%, thus achieving a net asset rate of 10.18% (reaching the market entry threshold); another company increased the price of its products to themselves, in order to increase the rate of return; another company lost more than 20 million yuan, so it"stripped" a piece of negative assets to a higher-level group company for custody, and then"injected" another piece of assets, and the rate of return naturally increased. 10%.
At that time, the game was public, but the prerequisite for being able to play the game was to obtain the launch quota.
Obviously, this problem that troubles most players is not a problem at all for Zhao Ruihu.
Speaking at the end, Liu Guanghan's eyes were piercing, and he seemed to have seen the victory:"Young Master Hu, I promise you"
"Within a year at most, I can merge a group with a market value of over 3 billion!"
Is it an exaggeration?
It's not an exaggeration at all!
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