Chapter 140: True Identity
It can be seen that Vice Presidents Feng and Tang have a strong sense of crisis and are eager to get Momobaitou back on track.

So the next day, Tang Chaoxian and Secretary Xie teamed up and came to the door, and took the initiative to hand over work to Yang Mo.

"Team Leader Yang, I would like to ask, what was the basis for the establishment of this new unit, the Easy-to-cut Slaughter and Cutting Factory, which was established 11 days ago? What is the planned business scope in the future? Why did we invest 60 yuan in real money, but only hold 17% of the shares?"

Secretary Xie, who was holding a thick stack of information in his hands, did not speak in a harsh tone. He had a friendly smile on his face, like a comrade-in-arms, as if he was following the procedure to inquire about a very common issue.

In fact, as the newly appointed director of Investment Department 1, it was not excessive for him to ask these questions... Since you are going to take over the project, you should at least figure out some of your basic plans, right?

When Yang Mo heard this question, he smiled and said, "Director Xie, this is a good question."

"The original intention of establishing this Yiqie slaughtering and cutting factory was naturally to solve the triangular debt problem of the cooperative units;"

"Director Xie may not be very clear. Apart from our company, the remaining four major shareholders of this slaughterhouse are..."

"The Linyi County Third Meat Processing Plant has a debt relationship with the Red Star Farm and the Xiaozhou Village Production Brigade. It owes the Red Star Farm about 41 yuan in supply money and the Xiaozhou Village Production Brigade about 7 yuan in pig money;"

"There is also a debt relationship between the Xiaozhou Village Production Brigade, the Red Star Farm and the Linyi County Second Construction Contracting Company. The Xiaozhou Village Production Brigade owes the Red Star Farm about 1.7 yuan for pig and chicken seedlings, and owes the Second Construction Contracting Company about 71 yuan for storage construction;"

"But at the same time, the Second Construction Contracting Company owed the production brigades of Xiaozhou Village and the other two villages about 2 yuan in labor fees; it also owed the Third Meat Processing Plant seven batches of meat and grain purchases totaling 19.4 yuan;"

"In fact, in addition to these four major shareholders, the other eight small shareholders of this slaughterhouse also have debt problems with each other;"

"Unfortunately, these debts are so complicated and messy, and the time is so long, it is difficult to completely offset them... In fact, even if our staff worked tirelessly for five days with the accounting staff of several units, there are still up to 157.6 million yuan of debts that are difficult to sort out. Even if they are sorted out, they currently do not have the ability to repay those debts that do not meet the conditions for offsetting."

"So... according to the spirit of Vice President Feng's meeting, I simply packaged these debts and let the units unite to reorganize this slaughtering and cutting plant;"

"I believe you two are well aware that the Momo 100 Fried Chicken and Momo 100 Stir-Fried Chicken projects have a huge demand for chicken. Even if the broiler joint breeding project starts, the chicken still needs to be slaughtered and cut up so that it can be used as raw materials and distributed to various franchise stores after being marinated. "

"So even if the cost of slaughtering and cutting a single broiler is lower than the market price, the profit forecast of this slaughtering and cutting plant is still very objective due to its huge scale."

At this point, Yang Mo laughed: "With the knowledge of Director Xie and Director Tang, they can naturally see that... the most fundamental problem of triangular debts is that the profits and circulation of various companies have problems. In the absence of cash flow, they do not have enough ability and willingness to repay those debts;"

"So, if we can find a way to get these companies to unite and make money together, wouldn't everything be solved? ... Anyway, these are all old accounts. Instead of going to their doors every day to collect the debts, it's better to buy shares at a discount and join hands to make money on new projects."

Tang Chaoxian nodded in agreement: "Team Leader Yang really sees things clearly... So, in addition to this slaughtering and cutting plant, the chicken pickling plant, broiler feed plant, large-scale nursery, cold chain transportation management company, and vegetable sorting point that have been established and reorganized during this period are all based on this idea?"

Yang Mo smiled and nodded: "That's right. All the projects invested in the name of Momo Baitou during this period are new projects with profit expectations established after the triangular bonds of brother units and their upstream and downstream industrial units were packaged and invested... We only have two cards that can break the deadlock, Momo Baizha and Momo Baichao, so everything naturally revolves around these two projects."

The questions that Secretary Xie asked before seemed ordinary, but they were full of traps.

The company's current positioning for Momo Baitou is to assist the company in solving the triangular debt problem of its sister units.
As the previous custodian, if Yang Mo only talked about the commercial value of these projects, or only mentioned words like industrial chain, then Secretary Xie and Tang Chaoxian would immediately give an evaluation report, and then cut these projects in half on the grounds of "not meeting the spirit of the meeting", and then recover part of the funds to replenish their own ammunition.

In fact, this is the reason why Yang Mo said so much when the question could be answered in just one or two sentences.

Without him...

Just grasp the inherent pain points of Momobaitou and ensure the correct positioning of these projects!

………………

“A new project with profit expectations?”

Secretary Xie savored these words with some amusement.

Having profit expectations does not mean that there is actually profitability.

Yang Mo's words were a warning to himself and others not to hinder his two brother projects after they took over Momo Baitou.

Secondly, there seems to be a sense of waiting to see him and others make a fool of themselves... Since the reform and opening up, are there few people who have a lot of good cards in their hands but play them badly?
Secretary Xie smiled unnaturally, leaned back in his chair, and crossed his arms. "Team Leader Yang, did you forget to answer the most important question?"

"Why is it that we invested 60 yuan in the Yiqie slaughterhouse, but only hold 17% of the shares?"

Glancing at the top document, Secretary Xie showed an inexplicable expression on his face: "If the evaluation report of the Asset Management Department is correct, the total assets of this slaughterhouse are less than 150 million... According to the proportion, we should own at least 40% of the shares!"

At this point, Secretary Xie turned his head and smiled at Tang Chaoxian, "In fact, it's not just this slaughterhouse. When Team Leader Yang was in charge of Momo Baitou, all the other projects he invested in had the problem of too low a shareholding ratio;"

"Of course, I believe in Team Leader Yang's character, and I don't suspect that Team Leader Yang is lining his own pockets!"

"But this involves the company's assets, and the whereabouts of tens of millions of dollars. I think Team Leader Yang...would you like to talk about your original considerations?"

These words were heartbreaking. Every word showed belief in Yang Mo's character, but every word was also pointing out that he was enriching himself.

But this is no wonder. In this era of tight money supply, whoever has cash is the boss. Not to mention that the 60 yuan investment should give you a 40% stake in this newly established slaughtering and cutting plant. Even if you ask for 60% or even a higher stake, the other party will agree without hesitation... After all, what they are investing in are bad assets with little hope, while you are investing in real money.

Upon hearing this, Tang Chaoxian nodded with a serious expression.

Although he and Secretary Xie are strictly speaking from the same lineage as Vice President Tang, and because Vice President Feng did not want to be criticized too much, he appeared here with Secretary Xie as a "representative of industry, agriculture and science", but in fact, his feelings towards Yang Mo are much more complicated than Secretary Xie's;
If possible, he didn't want to make things too difficult for Yang Mo, nor did he want to bring up this issue... State-owned enterprises have their own unspoken rules. Unless Yang Mo violated the rules or became a complete loser, it would be better not to talk about things like "embezzling money".

Did Yang Mo violate the Heavenly Law?
No!

Has Yang Mo become a complete loser?
nor!
He could even sense through some subtle attitudes of his uncle that no matter who had the last laugh in this competition, Yang Mo, this strange guy who had stirred up huge waves in just half a year, would become a pawn in the corner in the mind of the winner... In a sense, Yang Mo's level of attention and safety factor were even higher than his and Secretary Xie's.

But the problem is...

Yang Mo's move was indeed a bit big this time! The total investment amount was 3700 million!

As a result of Yang Mo's actions, nearly 1400 million yuan was "hidden" just from the shareholding ratio of these projects!
Even his uncle, Vice President Tang, doesn’t have the guts to do that!

If it were in the past, perhaps this matter would have been over, but now is the critical period of the ring competition, and the reasonable disposable funds within the game framework are the most important ammunition. If the 1400 million funds can be recovered... even if only 800 million can be recovered, the result of the game may be reversed.

Therefore, even if he didn't really want to make things difficult for Yang Mo, he had to nod now to show his support for Secretary Xie's words.

But when the representatives of the General Manager's Office and the Industrial and Agricultural Science Department jointly expressed their views, the nature of the matter changed... If Yang Mo did not give a reasonable explanation for the low share ratio, the two of them could immediately jointly write an application and request the Discipline Inspection Department to intervene.

By then, Yang Mo will inevitably become the second Section Chief He.

………………

Looking at Tang Chaoxian with a serious expression and Secretary Xie with sharp eyes,
“The share ratio is too low?”

Yang Mo suddenly laughed, and then leaned back in his chair with a rather contemptuous look: "Haha... If all tertiary industry projects use the evaluation report of the asset management department as the basis for external investment and cooperation... Excuse me, every one of them will be waiting to die!"

As he spoke, Yang Mo took out a cigarette and lit it leisurely: "Which state-owned enterprise lacks fixed assets these days? Are those factory buildings and equipment really that important?"

"I can tell you responsibly... Using fixed assets and funds as the standard for shareholding ratio is either stupid or bad... If this report was not produced by our company, I would almost suspect that it was a business competitor who was sabotaging it!"

Tang Chaoxian frowned: "Team Leader Yang, please pay attention and control your emotions."

Secretary Xie smiled playfully and said, "Oh? Team Leader Yang means that you think the report from the Asset Management Department is not objective, and there is no problem with our shareholding ratio in these projects?"

Yang Mo nodded: "In fact, not only did we not lose any shares, we actually gained at least 3~5 points more!"

Secretary Xie looked at him in surprise: "Oh?"

Yang Mo glanced at him and didn't want to pay attention to him, but in order to avoid trouble, he still explained briefly: "You two have to understand that these new projects are essentially commercial projects... and in a newly launched commercial project, the fixed assets visible to the naked eye are often not the most valuable... the intangible assets are!"

Secretary Xie smiled and said, "Team Leader Yang, do you mean that in these projects, the shareholders who were reorganized have high intangible assets? ... Sorry, with all due respect, I don't see that."

Yang Mo rolled his eyes: "Secretary Xie, do you think that intangible assets are only trademarks and brands?"

"Mass relations, social relations, distribution channels, technology patents, financing potential, scientific research potential, resource acquisition capabilities, policy acquisition capabilities, regional convenience...even management capabilities and the ability to mobilize employee enthusiasm can all be regarded as intangible assets...You can't see these things, but for a newly launched business project, they are extremely important...even much more important than those fixed assets!"

"After all, you two are not from a business background, and you have been in the production unit for too long, so you naturally cannot realize the value of this;"

"In short, you just need to know that in the hands of someone who knows how to operate, a business project with rich intangible asset value can be started without even spending a penny, and can become a giant in one or two years!"

As he spoke, Yang Mo shook off the cigarette ash in an indescribably lazy manner: "You two, I bet that this report was definitely made by the Asset Management Department themselves... If they had called one or two colleagues from the Finance Department who know a little about asset restructuring when they were doing the assessment, they wouldn't have made such a joke!"

Pursing his lips sarcastically, Yang Mo glanced at the two of them and said, "The share ratio is too low? This kind of thing, taking advantage of others but being accused of selling out the father's land by one's own family, can only be done by those gentlemen in the Asset Management Department who know nothing about business!"

As the saying goes, one should always leave a way out for everything. Logically speaking, Yang Mo should not have directly ridiculed the asset control skills;

But first of all, the attitude of Secretary Xie and Tang Chaoxian just now, wanting to hold them accountable, had already torn their relationship with him, so he didn't need to be polite;

Secondly, the current situation of the Asset Management Department is somewhat mysterious. He used to have a good relationship with the other party, but now he behaves like this. In fact, he has other ulterior motives.

Secretary Xie and Tang Chaoxian's expressions suddenly became awkward after Yang Mo's indirect criticism, which was almost like pointing at their noses and saying "You don't understand business".

What Yang Mo said was correct. This evaluation report was indeed produced independently by the Asset Management Department at the suggestion of Vice President Tang... The Finance Department was President Wang's trusted department, and it was inconvenient to involve people from the Finance Department in this kind of "handling one's own affairs behind closed doors" work.

When the connection between the two was exposed by Yang Mo, the two were suddenly in a dilemma. When the report you use as evidence has been pointed out to have no reference value at all, and someone says "if you have the guts, call the finance department to take a look", then naturally there is no way to pursue the so-called accountability.

Both of them knew that at this critical moment, neither Vice President Tang nor Vice President Feng would allow people from the Finance Department to intervene and cause trouble for them.

Seeing the two people's unnatural expressions, Yang Mo breathed a sigh of relief, but his expression became more impatient: "You two, since you have become a member of Momo Baitou and have to take on the subsequent work of resolving the triangular debts of brother companies, I think you need to take a serious look at the report I submitted earlier on "On the Application of the Two-Tier PPP Model in Resolving Triangular Debts"."

Knocking on the table with a somewhat condescending attitude, Yang Mo defined his position: "This report has been reviewed by President Wang, Vice President Tang, and President Feng more than a month ago, and they have approved it... So in order for the subsequent work of Mo Mo Bai Tou to proceed smoothly, I hope that you two can continue this cooperation model in your future work!"

At the end, Yang Mo showed a trace of compassion on his face: "After all, as a former custodian, I still have a lot of feelings for Momo Baitou!"

Two-tier PPP model?

Is it the model that looks somewhat like a traditional commune?
The model that converts all employees and villagers into shares?

Secretary Xie and Tang Chaoxian looked at each other with strange expressions.

When this report was submitted, several company leaders did not object for some reasons that were not known to outsiders. Unexpectedly, it would become this guy's amulet now.

With this report as protection, unless Yang Mo is really caught with evidence of embezzlement, the two will not be able to pursue the matter even if they are still suspicious about the low shareholding ratio.

Catching the reluctance in Secretary Xie's eyes, Yang Mo's smile grew even brighter.

The rest of the little things are fine, but they want to control my little braids in terms of "position" and "correction"...

dream!

(End of this chapter)

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