The rise of nanometers

Chapter 54 Mergers, Acquisitions and Reorganizations

After the discussion, Jiang Hailin and Chang Fuguo reported their plans to Lin Baijie. Their plan was to merge some factories with good foundations.

According to the plan put together by the two, they want to merge a kitchen knife factory, a kitchen pot factory, an aluminum pressure cooker factory, a rice cooker factory, an iron pipe manufacturing factory, and a comprehensive hardware factory.

Lin Baijie, who was in Chengdu, read the plan and reported it to Huang Xiuyuan. Naturally, he had no objection, so he asked the finance team to review the funds in the plan. If there were no problems, he would seize the time to implement it.

The current economic environment is suitable for mergers and acquisitions.

We are facing a subprime mortgage crisis at home and abroad, and the 4 trillion yuan domestic water release will not be released until the end of the year. If we do not take advantage of the opportunity to make acquisitions at low prices, we will be sorry for ourselves.

Huang Xiuyuan and Lin Baijie combined their efforts and decided to merge the six factories that were about to be acquired into a subsidiary called Snail Industry.

In order to avoid the company's management chaos, Huang Xiuyuan took the opportunity to start reorganization and organize the various subsidiaries of Suiren Company.

The R\u0026D and manufacturing of recycling equipment that was previously directly under the head office have been divested of the recycling equipment manufacturing function and merged into Snail Industry.

The Blue Age Environmental Group was established, which includes Shanmei Blue Age, Chengcheng Blue Age, Tuocheng Blue Age, as well as various water companies, sea and land gas companies, and sea and land organic fertilizer companies.

At the same time, the industrial pollution control contracting business and the municipal waste recycling plant will be divided from the head office to Blue Times Group.

The last subsidiary is Suiren Materials Company, which specializes in the production of nitrogen-16 catalysts, silicon oxide-graphene films, six-cone sphere oxygen robbing agents, and silicon-9 electroplating agents.

The purpose of centralizing the production of these materials is to maintain confidentiality and to check and balance other subsidiaries.

After some mergers and reorganizations, Suiren Company only had four subsidiaries left, namely Blue Age, Time Information, Snail Industry, and Suiren Materials.

As the parent company, Suiren Company focuses on scientific research. The industrial department of the parent company manages subsidiaries, and the subsidiaries are responsible for specific industrial operations.

At the same time, some positions were restructured.

The three general managers of the head office maintain the status quo, and the president of Time Information Company is still Jiang Miao.

Chang Fuguo, deputy general manager of the head office, was transferred to the position of president of Snail Industrial Group; Li Feiyang, general manager of the Chengdu branch, was transferred to the position of president of Blue Times Group; Huang Guotong, head of Guizhuling Industrial Park, was transferred to president of Suiren Materials Company.

Finally, there is the option reward offered by Huang Xiuyuan. There will be an option reward at the end of the year, which are 2% of the employee shares of Blue Times and 1% of the employee shares of Time Information.

Internal employee shares are virtual shares that cannot be used for trading. They have certain supervisory and suggestion rights, as well as dividend rights that employees are most concerned about.

As for the shares of the head office, they are only given to employees who have worked for the company for more than 10 years, or who have made significant contributions, and will not be given to employees easily.

At present, the Ministry of Industry and the Ministry of Safety have jointly established a temporary option allocation group to study the employee stock allocation quota for all employees at the end of the year.

The spread of this news has further united the hearts of the company, and many people have become more at ease and more motivated to fight.

At least in terms of wages and benefits, Suiren Company does not owe anyone anything.

Unlike some start-up companies, they just paint a pie for their employees. If you tell them about their salary, they will talk about their feelings for you. Once the company is up, it will suffer from selective amnesia.

The face of the capitalist is vividly reflected.

Some capitalists even dismiss over-aged employees in the name of providing talents to society.

The company's wolf culture is indeed conducive to improving the company's competitiveness inside and outside, but it also appears ruthless.

The strong human touch and inbreeding in state-owned enterprises are also a drawback.

Therefore, the internal management of the company should not focus too much on wolf competition, nor should it be too humane, but should deal with a compromise.

For example, if those old employees are really unable to adapt to front-line positions, then let them retreat to the second line, or create some suitable positions, place these employees, and let them use their remaining energy.

Those employees who violate the company's policies and meet the criteria for dismissal must also be resolutely dismissed.

At the same time, inbreeding within the company must be curbed, especially the key department of the security department. It must not become a decoration, let alone be corrupted.

It's just that Huang Xiuyuan needs to grasp the degree of impartiality.

Chang Fuguo, the new official, took action immediately.

The advancement of the merger plan benefited from the deterioration of the economic situation. He found a company that specializes in merger and acquisition investigations for those companies that were seriously affected by the subprime mortgage crisis and had problems, but also had high-quality factories.

Taking into account the requirements of convenient management, the factories that Snail Industry wants to acquire are concentrated in the Pearl River Delta and surrounding areas of Guangdong Province.

For example, in terms of cutting tools, Yangjiang's cutlery companies are naturally the first choice. Although well-known manufacturers such as Shibazi cannot acquire them, there are still a large number of OEMs in Yangjiang, and they are also the companies most severely affected.

With the management of Snail Industry, Chang Fuguo went straight to Yangjiang. With the help of professional companies, he quickly locked in a medium-sized tool foundry.

This is a tool manufacturing factory that specializes in OEM services at home and abroad. It has a very complete production line and can produce all kinds of kitchen knives, scissors, and nail clippers.

In addition, this company also has a large-scale hardware processing factory that also does OEM business.

After three days of negotiations, Chang Fuguo successfully won the company at a low price.

Other factories to be merged and acquired have also set goals one after another. Although it is not smooth sailing, under this economic situation, except for the rice cooker factory, which has not been negotiated, other factories have already been negotiated.

The security department of the head office also cooperated with Chang Fuguo and others to dispatch teams to start comprehensively sorting out these factories.

Inside a tool manufacturing factory in Yangjiang.

Du Jinhua, who is also the technical executive officer of Snail Engineering Equipment Company, led the engineers of the engineering team and was installing an electroplating workshop and a sewage treatment workshop in the factory with the cooperation of technicians from the original factory.

After debugging the equipment, the knives were sent to the electroplating workshop after a series of processing. This was a batch of Chinese kitchen knives. The silicon nano-coating covered the blades and backs.

Soon a row of kitchen knives had been electroplated with silicon nano-coating. The factory's master craftsman picked up one of the kitchen knives and went aside to check it.

Although several old masters didn't take it seriously, thinking that the new boss was just playing tricks.

When they actually entered the test, they discovered that they were terribly wrong. After being coated with silicon nano-coating, the kitchen knife was not only very fast, but also extremely resistant to wear.

"What the hell! Is this blade inlaid with diamonds?" Lin Houshou, who has been making a knife for more than ten years, looked in disbelief.

The blade of this knife showed almost no obvious wear in the test equipment. According to his experience, it can be done to this extent. For general household use, the knife may not need to be sharpened for a long time.

Another old master on the side picked up the kitchen knife and sharpened it vigorously on a whetstone. However, the kitchen knife seemed very smooth and kept slipping on the whetstone.

Lin Houshi was amazed: "What a knife. This is the first time I have seen such a good kitchen knife since I started working."

"Old Lin, stop sighing and write a test report!"

"Haha, I almost forgot."

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