Wuliang Advertiser

Chapter 595: Formal Acquisition

Wu Liang knows that some things need to be done step by step, including Lao Lin's development plan for the website and a clear understanding of the industry. Wu Liang can also be regarded as using a small whip to slap each other forward and bring some pressure to them.

Taking 10,000 steps back, even if the novel website continues to lose money or does not reach the expected scale of development, Wu Liang does not panic. He started to lose money until Lao Lin couldn’t afford to sell his shares. Therefore, From this point, Wu Liang didn't say anything.

In the evening, during a regular dinner, Wu Liang treated many of the backbone of the website in his own name, and continued to be familiar with each other.

At the same time, news came from Los Angeles that the Agricultural Machinery Factory held a shareholders meeting and the Luochai restructuring plan was passed. Luochai invested in technical equipment and Liangzheng Fund invested 680 million yuan to form New Luochai.

According to the agreement, Xinluo Chai’s total share capital is 850 million shares, with Agricultural Machinery Factory holding 18%, Liangzheng Fund holding 80%, and the rest being employee shares.

The funds invested by Liangzheng Fund are used to invest in the new production line. Among them, the assembly workshop invests 80 million yuan, the machining line invests 300 million yuan, the engine test bench invests 50 million yuan, and the new product line invests 250 million yuan.

It is difficult to see from this announcement alone, especially the fact that Luo Chai uses technology and equipment to invest in shares rather than fixed assets, which is a reverie.

In fact, Wu Liang’s approach was a hit with the agricultural machinery factory.

The agricultural machinery factory has two engine plants, namely the first and second plants. The second plant is Luochai purchased by Wu Liang.

The first factory was established first, and it already existed when the factory was established. It is also because the factory was first established and the products were the most backward. It was basically the technology of the 1960s. The agricultural machinery on the 62nd edition of the Tianchao coin was equipped with the first factory The engine can be seen from its age.

It is not an exaggeration to say that the first factory is the eldest son of the agricultural machinery factory, but with the upgrading of products, the second engine factory established in the 1990s gradually surpassed the first factory. At the same time, in order to consider the survival of the first factory, the agricultural machinery factory The second factory’s products will be remodeled and handed over to the first factory to do. At the same time, the horsepower range is limited, and only products with 80 horsepower (inclusive) are allowed to produce.

The products between the two are similar. Except for the different strokes of the engine, there is almost no big difference. Of course, things that are too professional are quite difficult to talk about. In short, the products currently produced by the first factory are not the most old-fashioned. The 504 diesel engine, and then the low-end model of the second plant, is in a competitive relationship with the second plant.

According to the agreement between Wu Liang and the Agricultural Machinery Factory, there is no plan to relocate the plant and fixed assets of the second factory, especially the two most critical parts of the engine production, the cylinder block, the cylinder head, and the final assembly in the contract. Line and test bench for one year.

During the handover period of this year, all the new plants put into production in Wuliang must be installed and debugged in place. After the expiration, the part of the assets will all belong to the agricultural machinery factory.

At the same time, in order to avoid product homogeneity, it is still agreed that the first factory shall not produce products with more than 80 horsepower, otherwise it does not make much sense for Wu Liang to want this company. The full-asset acquisition of another company in Weifang City has the same roots as the second factory. The power plant is not better.

In other words, what Wu Liang spent 680 million to get from the agricultural machinery factory was only the drawings and technical personnel, and he also paid 20% of the shares. This transaction seems to be a loss?

In fact, we still need to take a long-term perspective. Luochai’s sales staff are of high quality. Under Li Bin’s leadership, the corporate atmosphere is not as complicated as the first factory, and relatively simple. The employees in the factory are basically The people who do things are also very competitive. Although they are limited to the agricultural machinery factory compound, there is not much room for development. However, even so, the agricultural machinery factory can be regarded as the leading unit in the difficult agricultural machinery field. At its peak, the output value reached 3 billion.

What Wu Liang bought was the long-term, or an end to his former identity, the novel before the street writer was struck by lightning.

After the shareholders meeting of the Agricultural Machinery Factory is over, Wu Liang must go back. He has to form a new company, and the framework of the acquisition has to be arranged. At the same time, in order to ensure the normal production of Luochai, some details such as assets must also be clarified. , There are some things that can’t be decided by Yan Yisheng alone.

Most importantly, the establishment of a board of directors is the most important thing.

In Wu Liang’s plan, his next stop was to Pengcheng. The decoration of the advertising building is nearing completion. The relocation ceremony is also very important. In addition, the European Cup is also about to start. Wu Liang also planned to personally supervise and so on, but he was really lacking in skills.

After hearing the news, Majestic was still melancholy and threatened him, "If this continues, the land is deserted, but I will really find someone else."

Wu Liang was licking the plane on the tooth flower, in order to hurry up, everything was simple, the car directly let people drive back to Pengcheng, anyway, Los Angeles did not lack these things.

In the afternoon of the same day, in the reception room of Luochai, the board of directors was established. Chairman Wu Liang, vice-chairmen Liu Nanfeng, Yan Yisheng, director Bai Zheng, and executive director Li Bin. It stands to reason that it should be an election by the general meeting of shareholders. Liangzheng Fund is the largest shareholder. He said that even if the board of directors and the general meeting of shareholders are held together, everything is kept simple, and even Wu Liang wants to set up a three-person board of directors. This is the most convenient, but considering that Liu Nanfeng has followed her for so long, he has to give A formal name, a director and a high salary are the most appropriate.

The other is to formulate the board of directors charter, etc. After these routine procedures are completed, a manager’s office meeting is held to announce the latest personnel appointments. The original Luochai’s senior management team has not changed much. The only change is the finances. The candidate for the vice president was promoted by Liu Nanfeng, but the head of the finance department has not been changed. This is also the bottom line of the agricultural machinery factory, which is regarded as supervision, and Wu Liang did not touch this part.

Because of his old age, the former vice president of personnel retreated to the second line and became a small shareholder safely. He would take a salary to help stabilize the people's hearts and wait until his age reached a normal retirement.

The new vice president of personnel, Liu Nanfeng's brother, Lang Kunyu.

To control a company, there are two most critical areas, one is personnel, and the other is finance. Both candidates Wu Liang are at ease, and they can only work well in the future.

In the morning of the next day, all the middle-level leaders, the board of directors and the new leaders met, and the appointment was announced at the meeting.

In the afternoon, the company held a regular production quality meeting. This regular meeting can be regarded as one of the company's two most important meetings to report quality issues, production conditions, and so on.

It seems to be a demonstration for the new chairman. The sales company’s attendees sorted out a lot of questions and asked how the product quality reached such a level. Even the purchasing department also pointed out that the appearance quality of the parts caused the overseas trip. For a batch of engines due to the unqualified appearance of some castings, the delivery of the main engine will be affected. If the ship is not in time, the loss caused by default will be three times the purchase price.

Wu Liang watched coldly. Some people would feel uneasy and jumped out. As for whether the quality issue is as they said, Wu Liang has his own clear judgment, the only thing is who is behind it, which is not clear for the time being.

The order of speaking is sales, quality, production and procurement, and then the vice president in charge of these three departments. It can be seen that among the people sitting on wax, the chief teacher is in charge of quality. It seems a little bit like sitting on pins and needles, and the vice president of purchasing looks flat. Did not see the difference.

Wu Liang temporarily eliminated the suspicion of the chief teacher.

It’s just that the chief engineer’s speech at the meeting is still mostly ridiculous. The supply chain system is incomplete. The surrounding area of ​​Los Angeles is basically small workshops. The castings produced are really difficult to meet the loading standards. In the past, the staff was used to polish the appearance. and many more.

Finally, the general manager asked to reorganize the supply chain, and some unqualified suppliers were removed from the procurement system and so on.

Such slogans have been chanted for several years. What are the actual results?

As usual, nothing has changed.

There are only five casting suppliers around Luochai. Except for the two large castings of the cylinder block and cylinder head, which are supplied by the casting company of the agricultural machinery factory, the rest are provided by a small foundry in a nearby town , People can't bear to look directly at the backward technology.

For example, when I was young, I often saw craftsmen in the south, a stove, a set of molds, who had aluminum parts such as cans, melted, poured, and made a beautiful small aluminum dagger or sword. And so on, I thought it was amazing at the time, and I knew it when I grew up. This is the most primitive casting process.

Wu Liang did a similar thing at the school's internship processing factory, sculpting the blanks, and then the teacher poured molten aluminum into it, and the finished products were used as the products of the internship processing factory.

Almost all of these styling methods have been eliminated, especially in the Smart Manufacturing 2025 plan. If any company is still using such a process for production, it will basically die.

First of all, the labor cost is there. It is impossible for a better casting master to do this job without 800 yuan a day. Then there is efficiency. A skilled worker can cast 30 blanks a day with high efficiency.

Therefore, Wu Liang really knew these things too well. At the end, everyone looked at Wu Liang eagerly, waiting for him to speak, and he finished the topic. "Just now, Li Bin said very well, reorganizing the supply chain, I feel very If it is correct, then I will set a principle. The top three in the industry will complete the switch in half a year. This refers to the common parts in the internal combustion engine, such as the piston, cylinder liner and piston pin. Li Bin is personally responsible."

There are really many manufacturers of internal combustion engine parts in China. The top three are willing or not to cooperate with you, but they are definitely much stronger than the existing suppliers. There is no doubt that the general direction can never be wrong.

As soon as Wu Liang's words came out, first of all, the face of the vice president of purchasing became ugly, especially when Wu Liang said this, he basically stared into his eyes.

Mr. Li Bin continued the sentence in due course, "Guaranteed to complete the task."

Wu Liang added, "Tomorrow, draw up a list of new suppliers, and I will execute it after I sign and approve it. In addition, regarding the quality of castings, I would like to suggest a few casting processes, and see if anyone is clear?

Most parts of internal combustion engines are nothing more than casting and forging. If you only look at the drawings instead of starting from the blanks, even the best designers are mediocre.

Wu Liang first said one, "Does anyone know the vertical disa line?"

The scene was deserted. After a while, a workshop director raised his hand and said, "DISA is the name of a foreign molding equipment manufacturer. It has the best craftsmanship for casting thin-walled parts."

Wu Liang smiled, "It seems that the company still has people who know how to do it. Everyone knows about lost foam, KW line, coated sand, and iron mold coated sand?"

The director of the cylinder workshop said baldly, "Isn't the cylinder line produced by the foundry the KW line?"

After all, some people know that Wu Liang feels a little relieved, "Yes, DISA line is suitable for thin-walled parts, and iron molds are also suitable for sand coating, but without DISA line, it has high efficiency and is suitable for box parts casting. KW line consumes too much energy and is suitable The casting of complex parts, the lost foam is simple, it has a wide range of uses, and coated sand is used to make cores. It is basically this concept. Does anyone here want to open a foundry?"

Wu Liang's words awakened the dreamer, and everyone knew where Wu Liang's confidence was?

Ability to make money!

Just listen to Wu Liang’s explanation, “Let’s set up a casting factory. I will invest 15 million in DISA line, 5 million in lost foam line, and two million in sand-coated iron mold line. I will give 2% to those who are willing to be the general manager. Within five years, no more than 10% of the original shares can be subscribed."

With a "hum", everyone started to talk, which made the conference room a little noisy. Li Bin was a little anxious. Wu Liang looked at him and shook his head to show that he didn't worry.

After three to five minutes, Wu Liang knocked on the table with a pen, and when everyone calmed down, Wu Liang continued, "For the establishment of the company, we must first determine the candidate. Mr. Lang, you are responsible for determining the general manager candidate first."

Lang Kunyu said for the first time, "Okay, Wu Dong."

Wu Liang was very satisfied with everyone's performance and turned over the book and asked, "Master Wang, how about solving the problem of casting appearance in this way?"

President Wang nodded awkwardly.

Wu Liang asked again, "Since the castings are all dry, the processing line has to keep up, and then set up a parts company to move out all the parts except the cylinder block and head. For the 2 points of shares, ask Mr. Lang to sign up."

The crowd was noisy again.

Wu Liang stared blankly and did not make a sound, but discussed with Li Bin, "Today's meeting is here for the time being."

Li Bin nodded, Wu Liang said that the meeting ended, leaving the meeting room first, Li Bin followed.

Wu Liang went directly to Li Bin’s office and took out two A4 papers from his handbag. There were a lot of stuff written on them and handed them to Li Bin. Li Bin hadn't paid attention to it. He closed the door and complained, "Wu Dong, Several castings around Los Angeles can easily form an alliance. If the supply is stopped, the loss will be too great!"

Wu Liang shrugged and it didn't matter, "First, the company owes them the payment. Second, these manufacturers have insufficient capacity and basically keep producing. There is a lot of inventory at home, and they are not supplied.

Li Bin was taken aback for a moment, he really hadn't thought about it, "Is it serious?"

Wu Liang sighed, "Don't always listen to what the people underneath say, you'll know if you actually go for a walk and see."

This is true. When the company's production capacity is insufficient, the easiest way is to build inventory and suppress funds. If there is nothing to do, go to the head of the purchasing department to sit down. If you can pay in advance, you should pay in advance. Also, Luo Chai is a state-owned enterprise, not a private enterprise, and payment is guaranteed.

However, the more favorable the payment terms, these manufacturers are reluctant to make progress. This is different from those bosses in the south. The first thing that people in Los Angeles think of when they get rich is to buy a luxury car first, rather than expand the scale or upgrade the equipment. So, after ten years, the craftsmanship is still the original craftsmanship, the quality is still the original quality level, and there is no improvement in the slightest.

It is difficult for such a supplier to develop with the development of the OEM. Then, such a small company is eliminated from the supplier team as Li Bin said. In the past, Li Bin had difficulty making similar decisions due to various constraints. The general manager who is also living in the cracks, the supplier relationship is much stronger than that of Li Bin. If someone's cake is really touched, whether he can do it well as a general manager is still a matter of two things.

But Wu Liang didn't have such worries. He had the final say and took the corresponding responsibilities and losses himself. This was equivalent to a reassurance for Li Bin.

Li Bin nodded and agreed. Seeing that Wu Liang had a good idea, he no longer felt entangled. He picked up the two A4 papers that Wu Liang handed over and looked at it. When he glanced at it, he suddenly exclaimed, "Wu Dong, you really Is that an expert?"