"The debt-to-asset ratio of Ocean Paper is nothing. For a rapidly expanding enterprise, if it wants to achieve rapid expansion, the debt-to-asset ratio will definitely not look good." Chen Yangmei said, looking at the members of the Standing Committee present. "When analyzing whether a company has growth prospects, it cannot only look at the debt-to-asset ratio, but its entire economic activity, its market share and total sales revenue, year-on-year, its loan use, its cash flow speed, etc., we must combine these and analyze them to draw a conclusion. Instead of just talking about it with a bill like County Magistrate Zeng."

Although among the Standing Committee members present, in addition to Chen Yangmei, only Lu Siming and Yao Changle were involved in the business situation of the company, the other members of the Standing Committee heard Chen Yangmei's words and looked at Zeng Qiang's red face. The strength and weakness between Chen Yangmei and Zeng Qiang was obvious.

"Secretary Chen, even though what County Mayor Zeng said just now was biased, according to your idea, the resettlement of more than 300 workers in the county paper mill, can he bear such a burden on such a private enterprise? Secretary Chen, do you have any place to convince everyone? If it cannot afford it, our government has not even restricted it. I wonder if Secretary Chen has considered this issue and is there a solution?"

Lu Siming looked at Chen Yangmei coldly and said word by word. Lu Siming's words made the eyes of the members of the Standing Committee focus on Chen Yangmei at the same time. Even though Chen Yangmei said just now, everyone is obviously concerned about the resettlement of more than 300 workers in the county paper mill.

Chen Yangmei also knew that Lu Siming expressed the doubts in the hearts of many people here, especially in their deep-rooted concepts that still have a contempt and disdain for private enterprises that are not pure in their "bloodliness".

In Shen Yangmei's view, these people may be willing to use Marine Paper as a sucker to "resolve problems" for the government, but deep down they are worried that Marine Paper does not have this ability, but they are also unwilling to truly see Marine Paper becoming bigger and stronger after the merger of the county paper mill, because in their minds, the county-affiliated enterprises belong to them, which they refer to the government, and they also refer to them representing the government. If the county paper mill is merged by Marine Paper, Marine Paper is a private enterprise, and the county government has no control over the enterprise at all. Therefore, many people are very conflicted now.

This narrow and selfish mentality is in the minds of many people. No matter what I have in my hands, I am good at it, even if I am soaking shit, I usually dislike it. If I really run into other people's hands and become compost, and others use it very well, I will feel unbalanced and I always want to find fault. This kind of mood is different in different people, some are lighter, some are thicker, some can control and adjust themselves, some can't figure it out anyway, and even the sunny self may not be able to avoid the vulgarity.

However, the current urgent situation forces them to throw away some narrow and dark moods and face this situation. If they do not solve these problems, they will cause greater harm to their own interests. Therefore, even though many people are not feeling well, they cannot come up with a more effective solution, and they can only passively let them go. However, even if they let them go, if Chen Yangmei can't come up with any reason to convince them to accept this result in their hearts, even if they finally sit down and watch the county paper mill go bankrupt, they will not let Chen Yangmei achieve his goal. They would rather bear the problem together in the end than wait for the final achievements to fall on one person.

"For Marine Paper, I don't deny that this private enterprise has a foundation that is not as strong as we imagined. After all, its real development and growth have only been just a few years. Compared with the county paper mill, it is not worth mentioning at all. Moreover, it is not comparable in terms of production scale or number of employees. But it is this private enterprise that many of us do not understand or even look down on. Last year, it ranked first among the light industrial enterprises in the county, surpassing all county-affiliated light industrial enterprises. Although it is unimaginable, it is a fact."

Chen Yangmei paused slightly, sighed, and continued: "There are many indicators to judge whether a company is good. The size and debt-to-asset ratio are important. But this is all on the one hand. According to the laws of enterprise development, it is unlikely that a company in a period of rapid expansion will maintain a low debt-to-asset ratio, because it needs to continuously invest profits in expansion and reproduction, but the profit is not enough. It also needs to continuously expand the financing scale. A key factor in judging whether the debt-to-asset ratio is reasonable is whether the company's profit in that year has increased compared with the same period last year. The profit growth rate is enough to increase the debt-to-asset ratio. This is the key. As far as I know, the debt-to-asset ratio of Yulanchun Winery is even more amazing, but who can deny the profit of Yulanchun Winery."

At the entire Standing Committee meeting, only Chen Yangmei's voice was heard echoing. The members of the Standing Committee were not knowledgeable about the economy, but they could truly understand what Chen Yangmei said about the debt-to-asset ratio and current debt-to-asset ratio, the ratio relationship between the long-term debt-to-asset ratio, and the stage of the enterprise's relationship with the debt-to-asset ratio, most of them seemed to understand, but if you want them to say one, two, and three, he would not understand it thoroughly. Therefore, he could understand half of Chen Yangmei's words.

"If you are interested, you can learn about the corporate financial statements, debt-to-asset ratio, profit flow statement, and debt-to-asset ratio of Ocean Paper in recent years. However, if you look at its income statement, especially the capital flow statement, you will understand that this debt-to-asset ratio is nothing."

"Many people, like County Mayor Lu, doubt whether the marine paper industry can merge with the county paper mill and whether it will be indigested. We cannot expect that the marine paper industry can make the best of the future and turn stones into gold. But at least for our county paper mill, I think marine paper industry is the most realistic and objective choice. Whether it is successful or not, we have to try it. If we are not willing to try it, then how do we know that it cannot do it?"
Chapter completed!