Chapter 386: The picture shows the dagger
Over the years, Zhang Yunqi has lived a very peaceful life.

At least on the inner level, at least so far, I have been doing things within my ability peacefully and steadily, living a happy life where I can lie down and get an erection. However, things in the world are never controlled by people. The greater a person's energy, the more things will be involved around him.

As Liansheng Group grows stronger, leaders from agricultural, investment promotion and other functional departments of other cities and counties come to Liansheng Group and Yunxi Village Agricultural Industrial Park for inspection and research almost every now and then. This is due to both policy considerations for publicity in Jiangchuan City and the practical needs of Liansheng Group's own business expansion, so they generally cooperate actively, with Li Jilin, Wang Guibing and others coming forward.

As for Zhang Yunqi, unless Yang Jiarong strongly requested him to accompany him, he would never attend such activities that required him to appear in newspapers and television. Over the years, he had only been interviewed by one media reporter, his old acquaintance Lin Shiyu from the Xiangnan Daily. The reason was simple. He really always thought of those entrepreneurs in later generations. Most of the low-key ones got away unscathed, while most of the cheerful ones just disappeared without a trace.

He has a pair of living examples around him now, Duan Yongping of Subor Learning Machine and Hu Zhibiao of Aido VCD. The two people have very different personalities and completely different destinies.

He didn't want to end up like Hu Zhibiao in his previous life and die.

However, there are many times when he no longer represents himself as an individual.

Now his reputation is Yang Jiarong's reputation. His achievements are Yang Jiarong's achievements and the achievements of the city.

Over the years, countless experiences, practices, proposals and typical cases of the so-called "Jiangchuan Model" and "Yunxi Model" have appeared on the desks of provincial and capital authorities like snowflakes.

It is difficult for Zhang Yunqi not to be famous.

The rolling Yangtze River flows eastwards.

With the experience of later generations, this young man struggled in the great wave of reform and opening up in the 90s. Then, the times brought him to the crest of the wave. Now, it seems that the times are also going to drag him into the endless abyss.

During the late spring when the Zhang family was in turmoil, the Chunjiang Morning News published an article titled "The story of how Jiangchuan's top rich man Zhang Yunqi bought the Longjingyuan Cannery for zero yuan", which once again put Zhang Yunqi in the eye of the storm and caused an uproar in Jiangchuan city.

The core argument of the report criticizing Zhang Yunqi is clearly revealed in the title of the article: Why would a state-owned enterprise worth tens of millions be sold for 0 yuan in the end?
This is really something that makes people think about it.

In the article, the Chunjiang Morning News reported briefly on the achievements of Liansheng Group based on the Longjingyuan Cannery. The author believes that the current Liansheng Group is a 100% privatized enterprise, and its revenue has little relevance to Jiangchuan City and its people.

This meant that this was a report that focused on inciting emotions and attacking Zhang Yunqi. The author described the process of the sale of the Longjingyuan Cannery at length, and constantly designed traps for questions.

The article points out that a few years ago, Longjingyuan Canning Factory was sold to Liansheng Group. This was the first state-owned enterprise in Jiangchuan City to switch from a contracting management model to a privatization reform model. As the country vigorously advocates a market-oriented economy, the general idea is not wrong, but the transfer of ownership to a private enterprise at a price of 0 yuan is a radical measure that set a precedent in southern Hunan Province!
The article points out that at that time, Longjingyuan Cannery was indeed heavily in debt, had difficulty in operation, and could not pay employees' wages. However, there were many solutions to the privatization reform of Longjingyuan Cannery, such as adopting a shareholding cooperative system, with the city taking the lead, "enterprise members" or "mixed sponsorship" for acquisition, or adopting a joint venture between state-owned enterprises and foreign capital for acquisition, or even adopting the two traditional state-owned and private reform methods of leasing and entrusted operation. These methods are all conducive to solving debts and injecting funds, and can to a certain extent solve the financial difficulties of Longjingyuan Cannery at that time, so as not to fall to the point of giving it away for free to Liansheng Group.

The article also pointed out that Zhang Yunqi was previously the agent of electronic products such as Subor learning machines in southern Hunan. At that time, Liansheng Group was just a new company founded by Zhang Yunqi with very limited strength. Zhang Yunqi was just a high school student with no experience in running a cannery. The actual manager was Li Jilin, the former director of Longjingyuan Cannery and the current general manager of Liansheng Group. Moreover, judging from the current development momentum of Liansheng Group, Longjingyuan Cannery has a solid foundation. As long as the funding problem at that time is solved and the actual management structure headed by Li Jilin is maintained, whether it is Zhang Yunqi or Li Yunqi who finally moves in, it will not affect Longjingyuan's take-off again.

In response to these points, the author asked a soul-searching question at the end of the article: "In this case, we must ask why the relevant responsible units sold the once glorious Longjingyuan Canning Factory to such a newly registered company for zero yuan? A 17-year-old high school student? What exactly happened in this? It is worth our deep reflection!"

It is indeed worth pondering. Once this article was published, I wonder how many people in Jiangchuan City held newspapers and looked out the window at the endless rain, constantly pondering. People who are really discerning and have a relationship with the Zhang family may not ponder the content of this news report, but the horrible meaning hidden behind the fact that this news report can be published in the newspaper.

As for the public opinion field in Jiangchuan City, the gossip center on the streets, and the boring chats in taxis, basically many people have subconsciously nailed Zhang Yunqi to the pillar of shame as an unscrupulous private entrepreneur who swallowed up state-owned assets. As for the various industrial lines under him, they have been crumbling in various emergencies.

However, this one-sided bloodbath war of public opinion does not seem to be over.

The next morning, it was drizzling.

A professional article targeting Jiangchuan State-owned Investment Corporation, entitled "Some Thoughts on the Establishment of a State-owned Assets Management Company in Jiangchuan City", signed by Hu Haobo, a professor in the Department of Economics at Xiangnan University in Xiangnan Province, was published in the "Xiaoxiang Morning News" in Lijin, the provincial capital.

Compared with the article "The whole story of how Jiangchuan's top rich man Zhang Yunqi acquired Longjingyuan Cannery for zero yuan", this article is a little more obscure in its criticism of Zhang Yunqi and Longjingyuan Cannery, but the writing is extremely sharp, professional and insightful, and the sense of proportion is very appropriate. It seems that the other party has abandoned Zhang Yunqi as a target and directly bombarded the so-called "Jiangchuan model"!
Hu Haobo pointed out in the article that by establishing the Municipal State-owned Investment Corporation, Jiangchuan became the first region in southern Hunan to take the lead, which brought excitement and won fame, but there are three points that deserve attention.

The first is the problem of the Jiangchuan model deviating from the policy. The establishment of the municipal state-owned investment platform has a very clear goal. The city is aiming to control a large number of state-owned enterprises and a large number of state assets in the region, which obviously violates the natural law of the development of the market economy. At the end of 1992, the state had fully affirmed the "shareholding reform" idea that was unpopular in the 80s, but the establishment of the municipal state-owned investment platform means that a large number of subordinate state-owned enterprises are still firmly controlled by state-owned capital, which means that administrative power still deeply affects the allocation process of economic resources (especially funds), and it is difficult to involve the real change of the control of the enterprise system. Since the implementation of reform and opening up in 78, there have been many historical experiences that prove that only the reorganization of the transfer of ownership to individuals or private enterprises is closer to or in line with the property rights system reform in the sense of modern economics. At a time when the private economy is booming, the "Jiangchuan model" and the general idea of ​​"state retreat and private advancement" have shown a clear deviation! Whether it is worth promoting is worth pondering.

The second is the problem of the Jiangchuan model being at odds with external economic activities. The municipal state-owned investment platform was established based on the city's project, policy inclination, and capital concentration of the owner's advantages. The municipal state-owned investment platform no longer directly controls the operation and production of enterprises, but uses resources and policy advantages to monopolize capital. It is foreseeable that in the future, Jiangchuan City will see its giant figure in almost all walks of life, which will inhibit the cultivation and development of the private economy in major commercial fields and make it difficult to rebuild the basic social incentive mechanism based on property rights. Especially in the commercial real estate field, which has been greatly developed, its investment behavior will become another manifestation of the "state advances and private retreats" of the continuous strengthening and growth of state-owned capital.

The third is the problem of internal mechanism defects. The establishment and operation mode of Jiangchuan City State Investment Platform means that its future positioning is to become a regional state-owned large-scale investment and financing group enterprise. However, in terms of the current actual situation, my country's financial system reform is still in its infancy. Most state-owned enterprises do not have a sound investment and financing system, lack investment and financing decision-making institutions and relevant departments, have an imperfect approval system, and an unreasonable approval process. Many decisions are temporary, opportunistic, and personal. Mistakes in investment and financing decisions by its senior management may also lead to the loss of a large amount of state-owned assets.

Hu Haobo, a professor at the Department of Economics of Xiangnan University in southern Hunan Province, has obviously done a lot of research work. The article he signed, "Some Thoughts on the Establishment of a State-owned Assets Management Company in Jiangchuan City", is incisive and forward-looking in its analysis of the establishment method, operating model, future planning and positioning, development direction, and internal and external environment of Jiangchuan City State-owned Assets Management Company.

This article has firmly grasped the Achilles' heel of the "Jiangchuan Model" constructed by Zhang Yunqi! With a rational, professional and objective attitude, it wants to give a fatal blow to Zhang Yunqi and the people behind him.

This has obviously reached the point where the real purpose is revealed!

However, strangely, after this article was published, although it attracted a lot of attention in other areas of Xiangnan Province, Jiangchuan City seemed to have suddenly fallen into a dead silence.

The drizzle was still falling.

In this late spring season between the end of March and the beginning of April, the sun has not yet set in the sky, but Jiangchuan City has been shrouded in heavy rain for quite some time. The temperature is always neither cold nor hot, which makes people feel gloomy, as if there is a huge undercurrent of anxiety surging in people's hearts and underground.

At this time, a piece of news spread like wildfire.

Huo Jianzhong, who once assisted Yang Jiarong in selling the old Longjingyuan factory to Zhang Yunqi for 0 yuan, has been dismissed!

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(End of this chapter)