20 years of restarting life

Chapter 3872 The Initial Form of Alliance Cooperation

This world still follows the law of the jungle. If someone talks to you about their position or where they stand, and you don't change your mind and instead stubbornly try to reason with them, then you're just a fool.

Don't talk about whether it's cruel or not. If you're not cruel, will others be more lenient and lenient towards you?
Back then, Jin Guangren wasn't cruel to Xiang Yuqing and Dai Wei; he reasoned with them. Jian Shuangmei, on the other hand, wasn't cruel and reasoned with them when she broke up Ni Lihong's marriage.

At this point, they wanted Xiang Yuqing and the others to reason with them, which wasn't cruel.

Isn't that just being a scoundrel?
“I’m entrusting her to you. I assured Sister Yuqing that she would be safe. I was in such a hurry before because I was afraid that Xiaoyu’s parents would fall in and she would be hesitant to come back. Now that the misunderstanding has been cleared up, there’s no need to rush these next few days.”

Zhao Chang'an said to Jin Feiyue, "You can start planning those things now. Sister Yuqing might as well rest for a few days and recharge. To avoid alerting them, we can arrange for Sister Yuqing to stay in a less conspicuous hotel for a few days first."

"I'm not raising her anymore. I can't wait a second longer. I wish I could go to that bitch's house right now and smash the door!"

Xiang Yuqing was filled with boundless fighting spirit.

“Dai Wei, please convey my words to Geng Lingjun and Shi Jiajing as well. Once the shareholding is sorted out, One Nano will hold shares in Yinlong and will eventually take the lead. I know the capabilities of the three of you. I, Zhao Chang'an, am putting my words here. You should have heard how One Nano treats its employees. You should have a long-term perspective. As long as you live up to One Nano's controlling stake, the company will definitely not treat you unfairly.”

Even Zhao Chang'an himself was unwilling to admit that, after seeing the tears of the beauty under the moon, he made a formal promise to Dai Wei for the first time.

This woman may be a beautiful snake, but it's okay to play around with her; there's no need to take responsibility.

"I understand, Mr. Zhao, please rest assured."

Dai Wei wiped away her tears, glanced at Zhao Chang'an with clear eyes, then looked away and lowered her head slightly.

A faint blush appeared on her pretty face.

"Here we go again, you lowly servant!"

Jin Feiyue snorted coldly as he watched. Although he didn't object to Dai Wei seducing Zhao Chang'an, he still had to talk to him about how ruthless these three beautiful snakes were. He could play around with them, but he shouldn't fall into their trap.

Especially don't be like me, getting goaded by those three and drinking alcohol, then trying to pull off some kind of "Lu Bu vs. Three Heroes" stunt, and insisting on taking Viagra, which has made me so dependent on it that I can't even have a proper meal without it now.

"You want to hold shares in Silver Dragon?"

Xiang Yuqing was stunned after hearing this.

"Sister Yuqing, what do you think? Although Feiyue and I are brothers, business must be kept separate from personal matters. I went to so much trouble to bring you back just to help Feiyue fight for shares. You're too short-sighted."

Zhao Chang'an knew what Xiang Yuqing was thinking at this moment, obviously also thinking about getting a ride, and said with a smile, "That ten million reward you mentioned is actually meaningless. What matters is having the ability and means to make money, a continuous stream, don't you think?"

-

Given Lin Xiaojie's current situation, and the fact that she was as dull as a block of wood on the phone, Zhao Chang'an decided not to go to the Aviation Hotel next to the square.

It's true that women need to be coaxed, but they shouldn't be spoiled or indulged too much. The saying "If you get too close, you'll become disrespectful; if you stay too far away, you'll resent them" applies here.

He has done everything he could in this matter, and he will not interfere in Jin Feiyue's future plans. The same goes for Xu Wanrong.

Zhao Chang'an is planning to go to Wen Ye's place tomorrow to sign a controlling acquisition agreement for Luanchuan Molybdenum.

The contract terms for Luanchuan Molybdenum have been finalized. Zhengzhou City will invest 6 million yuan to hold 71% of the shares, several townships and counties involved in various mining areas will hold a total of 3%, and the original municipal molybdenum group will hold 26%. The personnel files of retired, sick, resigned, or on unpaid leave employees of the original molybdenum group will be transferred to the relevant local and Luoyi departments, thus separating them from the joint venture company.

From ordinary employees to senior management, all employees of the molybdenum group are assessed and evaluated by the municipal government. If they are deemed suitable, they are retained; otherwise, they are dismissed and their cases are handled by the Luoyi Enterprise Asset Management Bureau, which will arrange for them to be reassigned or laid off. Alternatively, the joint venture company may provide a certain amount of severance pay that complies with administrative regulations.

As for severance pay, it will be deducted from the profits that will belong to the Luoyi Enterprise Assets Management Bureau in the future.

In principle, the proportion of employees dismissed should not exceed 30%.

In addition to the mandatory resource tax, the mineral resource compensation fee must also be paid in full to support enterprise development.

Appropriate reductions or exemptions will be granted for other taxes and fees, such as value-added tax, urban construction tax, education surcharge, local education surcharge, corporate income tax, land use tax, and environmental protection tax, for a period of three years.

These conditions are generally fair. However, Luanchuan Molybdenum has not had an easy time in recent years. The mine workers work one day on and one day off, and they can only receive two-thirds of the wages they received a few years ago.

At first glance, it seems pretty good, but if you consider the rapid economic development in recent years, the improvement in people's lives, the abundance of goods, the higher prices, and the greater demand for goods, the overall purchasing power of this money is barely half of the purchasing power of the previous wages.

Such meager wages are simply too much for working families with many members to bear. Those with connections have either been transferred to other places in recent years or simply taken unpaid leave to start their own businesses or work for others.

However, these are only a minority; the vast majority of employees are still suffering in the company.

During this period, Wen Ye formed a task force to investigate and assess the situation at Luanchuan Molybdenum Industry. The current situation is that, apart from some incompetent managers and some lazy employees, most of the company's employees are very dedicated.

In other words, the final number of employees to be laid off will not exceed 10%.

The reason for the current business situation, apart from some problems of the company, is mainly due to the low price of molybdenum concentrate in recent years, with the price of molybdenum metal remaining below $8000 for a long time, or 7 RMB per ton.

Currently, the price of 45%-55% molybdenum concentrate is approximately 5 yuan per ton, and ferromolybdenum is 8.5 yuan per ton.

This price is already below the company's factory cost, meaning that the more they sell, the more they lose.

As a result, large quantities of molybdenum concentrate and ferromolybdenum ore powder are currently piled up in company warehouses and mining areas without further refining or purification. The companies are simply trying to wait it out until prices rise.

The total debt has reached 10 billion!
Since the sharp drop in molybdenum metal prices in 1996, the market has remained sluggish for five years, and there seems to be no sign of recovery.

Of the total debt of 10 billion, less than 3 million is owed for taxes, utilities, wages, social security, logistics, and supply chain procurement. The supply chain debt is particularly bad, with people blocking the door to demand payment every few days. The remaining 7 million is bank debt, and the annual interest is also an astonishing figure.

So by the end of last year, the company finally couldn't withstand the various pressures and the pessimistic expectations for the future recovery of the industry, and chose to find a partner for a joint venture.

Otherwise, how could 1Nano have acquired 76% of the company's shares with its 600 million yuan investment?

Because there is a debt of 10 billion yuan behind this.

Even if all the crushed ore were sold, at the current price, we would only get back four or five hundred million, leaving a hole of more than 5 million to fill.

Based on the shareholding ratio, OneNano has voluntarily assumed 3/4 of the debt, which is 4 million. With the 6 million capital injection, the total investment will exceed 10 billion.

So, while it's said that Luanchuan Molybdenum was being sold off cheaply, given the current situation, this might be the best option.