Guan Yuntian was unwilling to expose his scars, but the new company was reorganized based on Kaiyuan Company. He felt that from the beginning, he should inject new ideas into future management and warn them to change their old and outdated thinking patterns as soon as possible.

Lao Zhu smiled awkwardly, "Yes, you can't repeat the same mistakes. Stock market financing must have appropriate supporting projects, otherwise it's better to stay calm."

Knowing that his words made the other party sensitive, Guan Yuntian recycled it, "Of course, when financing is needed, we cannot be restrained. Two years later, when pension projects are deployed across the province or the whole country, a large amount of funds will be needed. At that time, financing from the stock market will be legitimate and natural."

"It just took advantage of the past two years to make the elderly care projects in the provincial capital well, so that the market can see the potential of the elderly care industry, and financing will become easier at that time." Ye Jiayi said.

The retirement projects of Changda Group in the provincial capital are very transparent. Even from the perspective of Kaiyuan Company, there is nothing to doubt. However, the assets of Kaiyuan Company are the key to revitalization in the next step.

Seeing that Lao Zhu did not mention it on his own initiative, Guan Yuntian had to say: "Mr. Zhu, what are your plans for the assets related to building materials of Kaiyuan Company? Are you still going to continue to produce building materials?"

"Well... we have also considered that in the mid- and low-end building materials market, the competition is very fierce. Due to the vicious competition among many companies, the profit margin of the product has been compressed to a very small extent. I still remember when talking about this matter at Changda Group last time, Mr. Guan suggested that we focus on the mid- and high-end building materials market. After all, our product quality is excellent and is indispensable in bridge construction and super high-rise buildings." Lao Zhu said.

"What is the composition of Kaiyuan's existing products? How many mid- and low-end products and high-end products each account for?"

"In the previous product layout, one-third of each station of high, medium and low-end products."

"What is the technical difficulty in changing the equipment of mid- and low-end products to producing high-end products? How much change is needed in terms of equipment technology?" Ye Jiayi said.

Mr. Ma, who is in charge of production technology in Kaiyuan Company, followed the story, "The process formula needs to be changed, but it is not difficult. The key is that the production equipment needs to be changed relatively greatly. The equipment that produces medium and low-end building materials needs to be removed and replaced with equipment that is high-end products."

"Have you made an estimate of how much investment it would take to replace those equipment?"

"I haven't made a specific estimate yet, it depends on how much output it is."

"By the way, let's talk about the transformation of high-end building materials. I think we should do market research first and make the market clear. Just like a new project, Kaiyuan Company should hurry up and make a feasibility analysis report. Didn't Mr. Zhu talk about the financing issue of relisting just now? I think we can use the name of converting high-end building materials to raise funds needed to convert production from the stock market." Guan Yuntiandao.

"Yes, such a big thing should be treated as a new project. There is no problem raising construction funds from the stock market. The key is that the market demand for high-end building materials should be as accurate as possible. If the demand for high-end market is not large, I think the mid- and low-end markets should not give up all of them. Isn't it just facing competition from other companies? Under the conditions of a market economy, except for the state-monopolized industries

, Any product faces competition from peers, and even the high-end building materials market cannot be completely monopolized by one company." Ye Jiayi's view is more stable.

"However, mid- and low-end products are indeed very profitable, and it may be difficult to win in the future!" Lao Zhu obviously lacks confidence in his industry.

"Well, I think Mr. Ye's view is worthy of attention. If the market demand for high-end building materials is not large, the conversion of mid- and low-end products should not be blind, and at least all should not be converted. Otherwise, even if the new company relies on pension projects to support its performance after resuming trading, Kaiyuan's employees still need building materials business to provide them with jobs. Therefore, the scale of building materials business cannot be too small. In the case of low demand in the high-end market, the mid- and low-end markets must retain a certain scale." Guan Yuntiandao.

Changda Group has now become the chairman of the reorganized Kaiyuan Company (not yet renamed). Because Guan Yuntian is in charge of the elderly care project, he is the most likely to represent Changda Group as the chairman of a listed company. Since he is the chairman of the new company, he must consider all matters of the company. In addition to maintaining the normal operation of the company and earning dividends for shareholders, employment for employees is also a major event that must be considered.

Before the reorganization, Kaiyuan Company was basically in a state of suspension of production or semi-stop production, and laying off employees became normal. The foreman of the lobby that Lao Zhu met in the hotel where Guan Yuntian and the others were laid off employees of Kaiyuan Company yesterday.

In the new company after the reorganization, Guan Yuntian would not allow such a situation, because in Changda Group, there has been no incident in which employees were laid off due to poor corporate performance in more than 20 years since its inception.

Ye Jiayi’s words just now reminded Guan Yuntian that after the new company resumes trading, relying on the elderly care projects in the provincial capital can fully support the performance of listed companies, but to solve the employment problem of three to four thousand people in Kaiyuan Company, it is probably not realistic to rely solely on producing high-end building materials. Guan Yuntian had also ignored this before.

After knowing Guan Yuntian’s idea, several leaders of Kaiyuan Company thought that things were not that simple. “Mr. Guan, employees of old state-owned enterprises like Kaiyuan Company are not easy to manage as employees of private enterprises like Changda Group. The employees here generally have a sense of superiority that they take for granted. They still do not realize their responsibilities and missions. Of course, the starting point for you to think about them is good, but I’m afraid they won’t appreciate it!”

Guan Yuntian nodded and expressed his understanding of the other party's concerns. "In fact, Changda Group has been dealing with employees of local enterprises for a long time. There are indeed some people who are not aware of the current affairs. They think they are still in the system and everything is natural. We also have our own ways to treat such employees."

......

After two days of consultation, the management structure, business ideas, management model and future development direction of the new company were determined. It took more than half a day to modify the original corporate charter to make it the code of conduct for the new company.

The two parties finally decided that the first thing they had to do next was to investigate the high-end building materials market and prepare a feasibility report for the conversion of high-end building materials projects. This work was mainly responsible for Kaiyuan Company and Changda Group sent people to participate. The second thing was of course to prepare for the resumption of the new company, and the two parties participated together. The third thing was to decide to convene the first board of directors of the new company at an appropriate time, and institutional investors

Kaiyuan Company is responsible for notifying the retail investors and the location is Changda Group.

Guan Yuntian discussed with Ye Jiayi and Lao Ding and decided to stay here for one more day. He wanted to meet with the employee representatives of Kaiyuan Company and tell Lao Zhu this idea and ask them to decide which employees to participate in tomorrow's dialogue. "The employees attending the meeting are as representative as possible, with a total of about twenty people. All of us here today will participate."

"Mr. Guan, because Kaiyuan Company has not had good performance in recent years, the employees are very resentful. If you talk to them, if you say bad words to employees with bad tempers, what if the scene is embarrassing?" Lao Zhu said worriedly.

"Isn't it just a grudge? There's nothing embarrassing. I want to find something from their unpleasant words. If I don't understand their ideas, it will be impossible to formulate effective management measures for travel in the future." Guan Yuntiandao.

In a corner of an old auditorium in Kaiyuan Company (which is the standard for those old state-owned enterprises. It was mainly used to hold staff meetings and factory-wide art performances at that time), the ground had just been cleaned, and the staff built a simple rostrum with more than ten old desks. On the opposite side of the rostrum, more than 20 chairs were placed. This would be the venue for Guan Yuntian to have a dialogue with the employee representatives of Kaiyuan Company.

At around 8 o'clock the next morning, when Guan Yuntian and Lao Zhu led their teams into the venue, sporadic applause from the employee representatives who were already sitting on the chair. After Guan Yuntian and others sat on the rostrum, Lao Zhu introduced the three leaders of Changda Group to the employee representatives, and then gave a few opening remarks: "Mr. Guan and his party went to Kaiyuan Company this time to negotiate the restructuring matters. Now the restructuring is successful. Changda Group is the chairman's unit of the new company. They originally planned to return today, but General Guan temporarily decided to stay for one more day. He wanted to meet the representatives and communicate with everyone. If there is any problem with the employees, they can speak freely."

As soon as he finished speaking, before Guan Yuntian could speak, a male employee in his fifties and dressed in neat clothes raised his hand and asked, "Can I speak?"

Lao Zhu didn't say anything, Guan Yuntian expressed his voice, "Of course! Please come here just to listen to everyone's speech and communicate with everyone."

"Mr. Guan, Changda Group reorganized Kaiyuan Company. What benefits can we get from ordinary employees? Kaiyuan Company was a state-owned enterprise. We are the owners of the enterprise. Now we have been reorganized by Changda Group. I heard that you are a private enterprise. Does it mean that the company's assets belong to Changda Group and we will have nothing in the future? Isn't this blatant plunder?"

The previous words can be attributed to the questioner's inability to understand the meaning of reorganization, and Guan Yuntian did not care at all. The last sentence is obviously a deliberate provocation. It seems that this representative not only likes to add fuel to the fire, but also is an employee who is difficult to deal with in the grassroots unit.
Chapter completed!