Rebirth of the Wild Age

In a certain era, the boundaries between private enterprise bosses and state-owned enterprise bosses were very blurred.

From the eyes of ordinary people, Song Shumin is a big boss and the richest man in Rongping City. In the eyes of the leaders, Song Shumin is just the factory director of several state-owned enterprises, and everything in the factory belongs to state-owned assets.

No one is right or wrong, this is a muddled account.

Let's take a look at Song Shumin's resume, he has already entered the palace for the second time——

Song Shumin was originally an educated youth in Shenghai City who went to the countryside. Because he married a girl in the village and had children, he did not choose to return to his hometown. He stayed in the township and became a grassroots civil servant. Then he started a winemaking workshop and gradually developed into a small winery.

In 1982, the spring of reform appeared cold spring, and the provincial working group for combating speculation and profiteering was stationed in this city.

At that time, the whole country was catching the typical example of speculation and profiteering. The working group was worried about who to arrest, and suddenly saw the Song family's house in the distance by the suburban road. It was a small three-story western-style building with white tiles on the exterior walls. It was like a luxurious villa in the early 1980s.

So the comrades in the working group said: If you can afford such a good house, you must be a capitalist.

After investigation, it turned out that the brewing workshop run by Song Shumin illegally occupied the wine bottles that should have been supplied to the state-run winery, and illegally purchased grain from the city's grain station for wine making. Although those wine bottles and food were paid for at a high price, it was indeed illegal in the early 1980s.

Moreover, if the number of employees in the brewery reaches 12, according to the boundary defined by Das Kapital, if the number of employees reaches 8, it is a capitalist, and there is a phenomenon of occupying workers' surplus value.

Song Shumin was sentenced to 15 years in prison for the crimes of illegally embezzling state-owned assets and following the capitalist line.

Fortunately, after only half a year in prison, the central policy was suddenly loosened, and Song Shumin was released from prison early.

In view of this lesson, Song Shumin did not dare to live in a small western-style house in the countryside, let alone expose his wealth. In order to operate legally, he had no choice but to attach his winery to the township government, changing its nature from a private workshop to a communal and brigade enterprise (that is, a township enterprise).

The tragedy of the Song family also laid the groundwork for this. Although the winery was founded by itself, it is under collective ownership due to the affiliation relationship, and there is no clear division of equity at all. This is a special historical product of the 1980s.

The same is true of the famous Kelon and Jianlibao. Unidentified shareholdings have brought endless troubles. In the end, the boss of Kelon was forced to resign, while Jianlibao declined amid wrangling.

As the central government accelerated the pace of reform, the Song family's winery was in full swing. Especially in the late 1980s, due to the failure of price breakthroughs and the country's financial slump, the central government ordered that famous wines should not be served. The baijiu produced by the Song family took the opportunity to expand the market, and won the support of the municipal government, becoming the hospitality wine of the local grassroots units.

Taking advantage of the opportunity of the state-owned winery falling into a triangle debt, Song Shumin went around everywhere, and finally annexed the largest state-owned winery in the city.

The Song family not only annexed the state-run winery, but also annexed the hardware factory and plastic factory in the city.

Don't think that this is a good thing. The hardware factory and plastic factory that were merged have suffered serious losses. Because it is located in the remote Southwest, no one would buy it if they want to dismantle it, and the factory land has no development value, so Song Shumin needs money from the winery every year to make up for the hole.

At that time, this was done all over the country. Local governments were troubled by the mess of state-owned enterprises. When they caught a star company, they packaged it as a big gift, or conducted joint ventures, or directly merged it. Since it was a township enterprise merging a state-owned enterprise, it was collective in nature, and there was a secretary of the factory X as a housekeeper, so Song Shumin was not even eligible to fire a worker.

Song Shumin tried his best and finally got more power. After he emptied the factory secretary, he successfully turned the two state-owned enterprises from loss to profit.

The municipal government was overjoyed at the sight, and threw several other loss-making state-owned enterprises to Song Shumin's management, and even wanted to create a large local group with a demonstration effect.

In order to obtain the full support of the municipal government, Song Shumin had no choice but to accept all the orders, biting the bullet and taking over those loss-making state-owned enterprises.

In fact, the loss of a state-owned enterprise is nothing, and the secretary of the factory X is nothing to meddle in. The most terrible thing is that the company's equity is not clear.

Although Song Shumin is in charge of many companies and has hundreds of millions of assets, he is only a big housekeeper, and none of the money is privately owned by him—even though he started the winery from scratch.

A few years ago, quantitative reform was popular along the coast, and equity distribution began to be implemented, and many township entrepreneurs became real rich people. Song Shumin also wanted to learn to play like this, but Rongping City is remote and the officials' thinking is very rigid, so they don't agree to the so-called quantitative reform at all.

Immediately afterwards, Song Shumin consulted an economist to complete the equity transformation through MBO, but was stopped by the city government halfway.

Song Shumin finally chose to take the risk. He first went to Singapore under the pretext of earning foreign exchange, quietly registered a company and transferred assets. Then, in the name of a Singapore company, it acquired a Hong Kong company that was on the verge of bankruptcy, and then asked people to enter into a joint venture under the banner of a Hong Kong businessman, so as to realize the management's share ownership.

Everything went very smoothly, and the city government was overjoyed by the sudden Hong Kong capital.

Unexpectedly, the spoils were distributed unevenly. Someone in the management team felt that they had received too little, so they directly sent a report letter to the province, and Song Shumin was quickly controlled.

Song Shumin's actual crime was embezzlement of state-owned assets, but in the 1990s he had his own unique style. In order to avoid dampening the enthusiasm of entrepreneurs for reform, in such cases, the crimes of accepting bribes and embezzlement are generally arbitrarily sentenced, and the real crimes are not even mentioned. Such cases emerge in endlessly.

Song Shumin is actually too impatient, he is still young, as long as he works hard for a few more years, state-owned enterprises will begin large-scale restructuring. At that time, there is no need for him to operate illegally. In order to reform the political performance, local officials will inevitably give him shares by changing the law. Around the year 2000, a large number of China's sudden riches made their fortunes in this way.

Now, Song Shumin has become a prisoner, and the director of the winery he ran has also changed, so he has nothing to do with the Song family.

...

In Song Weiyang's memory, since his father was imprisoned, the winery soon fell into trouble. Under the leadership of the new factory manager, nepotism, rigid management, weak marketing, corruption... A series of problems emerged one after another, and gradually lost its market competitiveness. Finally, in 1998, it was merged by a winery in the provincial capital.

As for our protagonist Song Weiyang, he has also changed from a rich second generation to a troubled son. His family still owes more than three million yuan in debt, not including the bank loan that cannot be repaid.

Yes, in debt.

Song Shumin made two-handed preparations at the beginning, and handed over a canning factory that was on the verge of bankruptcy to his eldest son. Due to the bad situation of the canning factory, the local government didn't care. The eldest brother of the Song family easily obtained the full share of the factory, and quickly turned losses into profits with the help of Song Shumin.

According to Song Shumin's vision, even if he commits a crime and goes to prison, his family can live well by relying on the cannery.

However, with the rise of health care products, the increase of various beverages, and the joint anti-dumping of Chinese canned food by European and American countries, the once-popular canned fruit market declined rapidly.

Now the warehouse of the cannery is full of overstocked goods, and the distributors are clamoring for a refund. In addition, the farmers’ payment, the worker’s wages, and the cooperative enterprise’s payment are still owed. In his previous life, Brother Song died because of a debt dispute at the cannery. Accidental death.

This is indeed a tragedy.

Their own distillery, which was making a lot of money every day, was confiscated. On the contrary, the canning factory with serious losses had clear equity, and they had to find a way to repay these debts.