My father is Zhao Lichun, in the name of Ruihu!

The company that wins the bid is a miracle maker!

For example, Qinchi, which spent a whopping 6666 million yuan to win the bid in 1995,

After winning the bid,

His fame skyrocketed overnight.

It quickly became the best-selling baijiu in China today.

Sales were soaring!

According to the statistics,

Its sales of baijiu this quarter have exceeded 2 million yuan.

Including subsequent orders,

What is certain is that

Its sales this year will not be less than 10 billion!

There was a saying about those who went to win the championship at that time.

Winning the championship means driving a Santana to CCTV every day.

Then drive out a luxury Audi every day!

又有三株保健品公司做的五年规划：1995年达到16亿～20亿元，发展速度为1600%～2000%，1996年增长速度回落到400%，达到100亿元。

It's absolutely astonishing.

The issue is,

It did it!

all of these,

It was all because private enterprises at that time had a dream.

That's a Fortune 500 company!

Since Fortune magazine across the ocean started ranking global companies based on sales and total capital,

After creating a Fortune 500 company,

It has become a totem for private entrepreneurs in China!

The annual "Fortune Global 500" ranking is like the Olympics of the business world.

It attracts fervent gazes from the East.

From top to bottom,

Everyone is putting in their best effort to squeeze into the Fortune Global 500 list!

Especially after seeing the Daewoo miracle on the peninsula,

The vast majority of companies want to learn from **Yu.

Expanding a company's size 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State-owned enterprise clusters have been unable to extricate themselves from inefficiency and outdated systems.

Net profit margins of state-owned enterprises within the budget have fallen to historic lows.

Bankruptcies are spreading like wildfire!

Since the enactment of the bankruptcy law in 1986,

Until 1995,

Only 121 state-owned enterprises went bankrupt nationwide.

As a result, after entering 1996,

The dominoes collapsed in an instant.

At least dozens of state-owned enterprises go bankrupt every day.

The situation is truly alarming.

At that time, state-owned enterprises faced three major difficulties: first, persistently high losses; 5

Second, the efficiency of corporate fund utilization is low; 3

Third, the capital profit and tax rate and cost profit rate of state-owned enterprises are both lower than those of non-state-owned enterprises. 9

Years of losses, 0

Inefficient, 7

Products are hard to sell, 9

Tight funds, 1

State-owned enterprises have become a major headache for local governments.

To solve this problem, 6

The China Securities Regulatory Commission (CSRC) was reorganized.

The power to issue stocks was taken back from the Shanghai and Shenzhen stock exchanges.

From then on, a "quota system" listing mechanism was implemented to fully support state-owned enterprises.

The listing quota is determined by the above.

Then they are distributed to various ministries according to the system.

They were allocated to provinces, municipalities, and autonomous regions based on their geographical location.

After obtaining listing quotas, provinces, municipalities, autonomous regions, and departments...

It also needs to be allocated according to its own system.

The vast majority of these quotas were allocated to state-owned enterprises in various regions.

This is why Liu Guanghan brought his brothers to the capital.

There are indeed countless opportunities to make money in the market.

But after looking at it again and again

The greatest opportunity lies in this power!

Liu Guanghan has put in the effort for this.

He spoke eloquently: "Once we obtain the quota, we can carry out asset divestiture and industrial restructuring."

State-owned enterprises are the emperor's disciples.

The difficulty of listing for them is far lower than for private enterprises.

Even so,

We still need to present a good performance to the public.

Making the exam paper look good involves asset divestiture and industrial restructuring.

It's basically a financial game.

The specific approach is as follows:

A company first inflated its profits by more than 1000 million yuan.

Then income tax is paid at a rate of 33%.

This achieves a net asset ratio of 10.18% (meeting the entry threshold for the market).

Another company sells its products to itself at a markup.

To increase the rate of return;

Another company lost more than 2000 million yuan.

They simply "stripped" a negative asset to the parent group company for trusteeship.

Then another asset was "injected".

The yield naturally increased to 10%.

The game was public at the time.

However, the prerequisite for playing this game is obtaining a listing permit.

It is clear,

This problem that plagues most players is no problem at all for Zhao Ruihu.

When Liu Guanghan finished speaking, his eyes shone brightly.

He seemed to have already seen victory: "Young Master Tiger, I assure you."

"Within a year at most, I can acquire a group with a market value of over 30 billion!"

Is that an exaggeration?

That's not an exaggeration at all!

Chapter 55: Economy First!

What Liu Guanghan said is true.

Absolutely certain,

Gao Xiaoqin and Gao Xiaofeng were both stunned.

In the countryside, it's all about rickety oxcarts.

The provincial capital has a rapid transit system.

That's too fast!

The two women, who couldn't keep up, were a little bewildered.