Skill Replicator

Chapter 0587: Jinzhou Machine Tool Factory

“Jinzhou Machine Tool Works used to be our national mother machine production base, and the first machine tool was born here.”

“In the new century, Jinzhou Machine Tool Plant developed very well. However, with the rapid development of high-end machine tools, our industry has begun to be uncompetitive. In addition, the brain drain of the old industrial zone, the research and development capabilities can not keep up, short-term glory After that, it has become more and more difficult now.” Jinzhou’s deputy governor in charge of industry introduced to Wang Tao as he walked.

“I heard that Jinzhou Machine Tool Factory has a market value of less than 6 billion yuan and a debt of 20 billion yuan. The East China Machine Tool under the parent company is also heavily in debt.” Wang Tao asked.

“Golden State Machine Tool Plant still has production capacity, but the debt is too much, and the profit is not enough to repay the interest.” The deputy governor did not directly answer, but he did not deny it either.

“When you have money, you know that you buy advanced equipment, and there are not many people who can use it. Those who are officials know how much money is wasted by blindly commanding and developing new products at every turn!” A middle-aged man behind him was angry. Said.

As soon as he said this, the Lieutenant Governor’s face immediately became difficult to look.

“Wang Kai, you shut up, is there any place for you to speak here?” the factory director who accompanied the inspection shouted at the person.

Then he smiled and said to Wang Tao: “I’m sorry, Mr. Wang, the company’s efficiency is not good. The employees below have big opinions and often complain.”

“In fact, there is nothing wrong with developing new products. If you don’t develop new products, you just know what you’re doing. That’s the biggest problem.” Wang Tao said disapprovingly.

While talking, he looked at the workshop that was still in production, and he could see that the equipment in the workshop was not old.

“I heard that the chairman of the company ran away. If he is away, can the acquisition be completed?” Wang Tao retracted his gaze and asked the vice governor.

“No problem, the parent company is also insolvent.” The deputy governor nodded and said.

Wang Tao nodded, and the group visited several other workshops, and then left the machine tool factory in a car.

“I have to make it clear to you in advance that unlike Truly Group, Jinzhou Machine Tool Plant is seriously insolvent. Even if it is acquired for a short period of time, it is difficult to see benefits, and I have to bear huge debts.” Wang Tao considered. Said with words.

Hearing Wang Tao’s words, the vice governor was delighted. This meant that Wang Tao was preparing to acquire.

At this moment, Wang Tao’s cell phone rang.

“Sorry, I’ll answer the call.” Wang Tao said with an apologetic smile at the deputy governor.

“A friend of mine told me that Qinchuan CNC has gone bankrupt for some time, but there has been no capital investment. Now the locality is looking for funds. Qinchuan CNC has a new plant built only a few years ago, and the equipment inside is also new. “Wang Tao answered the phone and heard Li Xiuyan say over there.

“I am now in Jinzhou, and I will call you later.” After that, Wang Tao hung up his cell phone.

The vice governor vaguely heard the words Qin Chuan Numerical Control, and he couldn’t help but chuckle. Because of the Jinzhou Machine Tool Works, he also learned about the domestic machine tool industry.

Qinchuan Machine Tool Factory, also one of the former eighteen arhats, almost declared bankruptcy one after another with Jinzhou Machine Tool. Of course, Qinchuan Machine Tool Factory cannot compare with Jinzhou Machine Tool Factory, but their debts are not that much.

The lieutenant governor is not very sure whether this acquisition will be subject to change.

After the production line was detained, it took nearly a month for all parties to make efforts, but in the end, the independence party had nothing to confess except for the refund of the purchase price.

Wang Tao has tried in his own system learning space. This production line can be made with domestic machinery and equipment. However, he has asked some machine tool companies, but none of them dared to accept it.

Although their equipment is not as good as the top equipment in the world, there is no problem with the production line of these equipment. The reason why they dare not connect is because they have not been able to exert the true strength of these equipment.

In the system learning space, he improved some programming of the machine tool, which made some machine tool skills greatly improved.

The problem is that it is impossible for him to apply these programming techniques to the current machine tool company. Coupled with the words Li Shi said to him, he gave birth to the idea of ​​buying machine tool companies and producing advanced machine tools.

After the completion of the TV series, he immediately went to Jinzhou. Jinzhou Machine Tool was once the domestic leader. The reason why this company was first considered was because of their heritage.

Now think about it, this company has a strong background, but there are also many problems left over from history. The huge debt is a big burden.

Whether to buy such a large-scale enterprise, or to buy a few smaller-scale enterprises with less debts, to form a scale effect, Wang Tao couldn’t make up his mind for a while.

Seeing Wang Tao not speaking, the Deputy Governor didn’t know what to say for a while. Yesterday, he received a call from the province saying that Wang Tao wanted to visit Jinzhou Machine Tool Factory.

For Wang Tao, the vice governor still knows. After all, this guy has been very active in the past two years, especially the acquisition of Yida assets. He also talked about these things with others.

Wang Tao is here to investigate the purpose. Of course, he knows that this big boss with hundreds of billions of cash in his pocket is definitely a rare opportunity to acquire Golden State Machine Tool. As long as the acquisition is successful, Golden State Machine Tool may have a new life.

But this burst of phone calls gave Jinzhou Machine Tool an additional competitor, Qinchuan Machine Tool.

“Mr. Wang wants to join the machine tool industry, he is very visionary. Jinzhou Machine Tool used to be the leader of the domestic machine tool industry, and its production capacity and technology accumulation are also top in the country. As long as there is financial support, it will not take a few years. It can be reborn. This advantage is not comparable to other small machine tool factories.” The deputy governor thought for a while and said.

“What you said is reasonable, but it involves a lot of funds. You may have heard that I don’t like the trouble of acquiring a company too much, so I can be wholly owned as much as possible.”

“I know that in general corporate restructuring, debt-to-equity swaps will be adopted, but this will cause a lot of trouble in the follow-up.”

“Compared to a company with a market value of 6 billion and a debt of 20 billion, I prefer a company with a market value of 2 billion and a debt of 3 billion. As for the issue of scale, it will be possible to acquire a few more companies.” Wang Tao said with a smile. .

The lieutenant governor laughed when he heard this, and then said: “That said, if the company is too scattered, it is easy to have management problems. Once the quality goes wrong, the company’s reputation will also be affected.”

“Yes, a lot of funds will be needed if they are brought together.” Wang Tao didn’t deny this, and said with some emotion.