Chapter 346 This winter is very cold
Gao Shan has been paying close attention to the developments of Red Star Electronics.

Ever since the fire at Red Star Electronics, he has been hiding behind the scenes and actively preparing to acquire the land. However, in recent times, a series of changes in the restructuring process of Sennheiser Electric and Red Star Electronics, especially the drama at the Sennheiser Electric Group headquarters, have indeed been beyond his expectations. After sending people to investigate, he discovered that Zhang Yunqi was behind the scenes.

What was Zhang Yunqi's purpose in interfering?

The world is full of people, all for profit. Zhang Yunqi took such a big risk to get involved, the most likely reason is to compete with him for the 133 acres of Red Star land. There is no more appropriate explanation. Besides, on the night when Red Star was on fire, Zhang Yunqi spoke to him and threatened that he would never let him get the 133 acres of Red Star land.

In Gao Shan's opinion, Zhang Yunqi is not the kind of young man who does not know the immensity of the world. He must have something to rely on when he said that. First, Zhang Yunqi has a close relationship with Zhao Jianqiang, the chairman of the Municipal State-owned Investment Group. Second, the Senhai Electric Group has been taken over by the Municipal State-owned Investment Group. Finally, the Municipal State-owned Investment Group won a great victory in the dispute with the Mechanical and Electrical Bureau over the personnel rights of the Senhai Electric Group.

Obviously, Zhang Yunqi and Zhao Jianqiang's series of actions all pointed to their intention to control the management of Senhai Electric. This made Gao Shan very alert. Originally, the Municipal State Investment Corporation only had the right to operate Senhai Electric, and the personnel rights belonged to the competent department, the Electrical and Mechanical Bureau! However, the Electrical and Mechanical Bureau had a handle in the hands of the opponent, and was immediately caught by the opponent and forced to accept Zhao Jianqiang's personnel transfer plan.

Things were developing in an unpredictable direction, and Gao Shan accelerated the pace of land acquisition.

The city has now paid for the resettlement of the laid-off workers of Red Star Electronics, and the problem of dealing with redundant workers that had prevented Phoenix Real Estate from acquiring the Red Star land for more than a year has been completely solved. Phoenix Real Estate took advantage of the situation and on January 1995, 1, called Senhai Electric Group and asked for the approval of the auction transaction confirmation of the Red Star industrial land as soon as possible.

On January 1995, 1, Gao Shan asked Sennheiser Electric, Phoenix Real Estate and the foreign-funded Xingkai Company to jointly write to the city, requesting the city to handle the procedures for exempting the Red Star cooperation project from land transfer fees in accordance with the relevant provisions of Jiangzhengfa (6) No. 1993.

According to Jiangchuan's relevant policies, the city needs to extract 70% of the added value of the land used for commercial real estate development that changes in properties, but if it is a state-owned enterprise restructuring, this ratio can be reduced to 40% or even zero; similarly, commercial real estate development requires the payment of business tax, land value-added tax, corporate income tax, stamp duty, deed tax and other taxes at one time. If a cooperative development form is adopted, only the deed tax needs to be paid in advance, and other taxes will be considered after the benefits are generated.

This is the core reason why Gao Shan is so eager for the 133-acre factory area of ​​Red Star Electronics. Not only can he swallow up the huge differential value of the Red Star land itself, but he can also enjoy the consideration of low-cost start-up of commercial real estate under the state-owned enterprise reform policy.

On January 1995, 1, when heavy snow hit Jiangchuan City and crushed all power supply channels, the Jiangzheng Office sent a letter clearly stipulating that Sennheiser Electric Group be restructured and continue to perform the "Cooperative Development Agreement" signed with Phoenix Real Estate after the restructuring.

All these made Gao Shan feel that he was getting closer to victory in acquiring the land, but he was worried about changes, so he kept an eye on the movements of the Municipal State-owned Investment Corporation, and actively communicated and coordinated with Zhao Jianqiang and Sennheiser Electric's new general manager Wu Rong to find out the truth.

On the surface, Zhao Jianqiang remained calm and the two sides were always in harmony, until January 1995, 1, when the incident occurred.

Sennheiser Electric dives!

Wu Rong formally submitted a report to the city requesting to retain the 133 acres of land of the former Red Star Electronics Factory, and sent a letter to Huangcheng Real Estate requesting to terminate the performance of the "Agreement".

Gao Shan was not shocked, but furious!
The dispute between the two sides has since become public.

Huangcheng Real Estate immediately sent a letter to Senhai Electric Group on "Disagreement on Termination of Performance of the Agreement on Cooperative Development of Commercial Real Estate". It stated: If Senhai Electric Group knew that the disputed land was vital to the survival of the company and could not be used for commercial real estate development, it would sign a tripartite agreement to obtain land transfer fees from foreign-invested enterprises Xingkai Company and Huangcheng Real Estate in the form of cooperative development of commercial real estate to obtain the project land. After obtaining the land, it unilaterally rescinded the contract on the grounds that the land was related to the survival of the company and could not be used for commercial real estate development. "This cannot but give us reason to believe that the reason for your company's rescission of the contract is unconvincing"!
Facing such a reply letter from Huangcheng Real Estate, Senhai Electric Group chose to respond tit for tat. Under the instruction of Zhao Jianqiang, chairman of the Municipal State-owned Investment Group, it wrote back to Huangcheng Real Estate again, strongly hitting back at three points.

First, the tripartite "Agreement" was signed under specific conditions and was facilitated by relevant municipal departments. The land transfer fee provided by Phoenix Real Estate and Xingkai Company was not enough to purchase the land use rights and ground attachments of Red Star Electronics Factory, employee resettlement fees and bank debts. If Senhai Electric continued to perform the "land sale agreement" signed with Phoenix Real Estate last year, it would have to pay a large amount of money.

Second, when the land price of Red Star Electronics' land had not yet been assessed, the disposal plan had not been submitted for approval, and the land ownership was still in the hands of Red Star Electronics, Huangcheng Real Estate and Zhao Shiming, the former general manager of Senhai Electric, had already reached a transfer agreement on the land and agreed to use it for commercial real estate development. The "Agreement" has no legal effect, and Senhai Electric and Huangcheng Real Estate no longer have the basic conditions for using the land of Red Star Electronics to jointly develop real estate.

Third, although Sennheiser Electric Group has paid the land transfer fee to Red Star Electronics Factory, it has not been able to complete the land transfer procedures. Therefore, the land at No. 24 Xiangshan Road is still state-owned industrial land under the name of Red Star Electronics and should be transferred through public bidding in accordance with the law.

The content of the reply letter was quite impolite, to the point of breaking off relations. Seeing that reason was not convincing, Phoenix Real Estate immediately reported to the city and asked the latter to coordinate and resolve the agreement dispute.

In response to this, Sennheiser Electric chose to take tough action and sued Phoenix Real Estate in the Jiangchuan Intermediate People's Court, demanding the abolition of the "land sale agreement" signed in November 1993.

Gao Shan's reaction is still very sharp.

He realized that Senhai Electric sued Phoenix Real Estate, and whether Phoenix Real Estate could win the lawsuit or not, the outcome would be far away. Because now his opponent is not as simple as a municipal state-owned enterprise like Senhai Electric, but behind it is a local platform company - Municipal State Investment, which to a certain extent represents the will of the municipal government for the reform of state-owned enterprise ownership, and its strength and background are not inferior to Phoenix Real Estate. This lawsuit will never be easy, but once the situation reaches a deadlock, it will be extremely disadvantageous to him to fight one lawsuit after another.

At the beginning, Huangcheng Real Estate and Senhai Electric acquired 133 acres of land from Red Star Electronics, with a total construction area of ​​10 square meters and a total investment of about 6000 million yuan. For the Red Star project alone, Huangcheng Real Estate has borrowed 4300 million yuan from Jiangchuan Industrial Bank and invested 1463 million yuan in land transfer fees in the early stage. However, after more than a year, Huangcheng Real Estate has not even won the land, which has caused great pressure on the capital chain.

At this point, Gao Shan had to suspect that Zhang Yunqi's intention was to drag him to death.

Standing in front of the floor-to-ceiling windows on the top floor of Phoenix City Group, the mountains overlook the rivers frozen by the heavy snow. The pedestrians walking on the white snow like ants are blurred, and a sense of desolation arises in my heart for no reason.

He went to the desk and called Zhang Yunqi.

It rang about three times and then it worked.

Zhang Yunqi was in a meeting in his office at Liansheng headquarters. When he received the call, he asked, "Who?"

“High mountains.”

"Hello, Mr. Gao."

"In fact, whether I am good or not, you should know best, Mr. Zhang."

"This winter is very cold and it's not easy for everyone."

“So we should stick together for warmth.”

"It depends on who is in a group. No matter how united the little match girls are, they will still freeze to death. But if a big boss like Mr. Gao forms a group, the only outcome will be that the little match girls will die even faster."

"Although this view is a bit extreme and I find it hard to fully agree with it, I have to say that young people with ideas like you are rare in this era."

"I think it's just my ignorant grumble. Please don't take it as an offense. Also, what do you want to talk to me about?"

"Are you free to come to my office today?"

"What?"

"Red Star Electronics."

"Then I suggest you talk to Wu Rong, the general manager of Senhai Electric."

"No, I want to talk to you."

"What to talk about?"

"Talk about how you can stop me from taking Red Star's land."

(End of this chapter)