eurekapd Chapter 359 Bankruptcy or Sale
Chapter 359 Bankruptcy or Sale
"Deputy Secretary Liu, arrest those who colluded with Wang Wenda and his gang, and interrogate them thoroughly!"
Qi Tongwei gave his instructions.
Those who colluded with Wang Wenda and his associates should not be let off the hook either.
"Yes, County Chief Qi!"
Liu Minghai nodded.
“Other companies probably have similar situations. You should talk to Secretary Huang and ask him to investigate other companies thoroughly as well!”
Keep this confidential!
Qi Tongwei said.
Judging from the situation in the food factories, corruption is a serious problem in these enterprises in Xichun County.
Qi Tongwei wanted to resolve the issue in one go, just like Jinshan County did.
The county's crackdown on the food factory has already alerted the enemy.
If we don't investigate quickly, people from other companies will try to cover up the problems.
It will be harder to check later.
Even if we investigate, we won't find anything useful.
The lost state-owned assets cannot be recovered.
If we investigate now, we can still recover some losses and better carry out corporate reforms.
Now that the Discipline Inspection Commission has taken action, it should seize the opportunity to thoroughly investigate all county-owned enterprises and take down those corrupt officials.
Thus, the Discipline Inspection Commission's performance this year is quite remarkable.
Huang Yuanzhou might be able to get promoted based on this achievement.
As the team leader, Liu Minghai might be able to get promoted based on this achievement.
"Okay, thank you, County Chief Qi!"
Liu Minghai said that he knew Qi Tongwei was reminding him to expand his gains and take this opportunity to gain enough credit.
However, he doesn't have the final say on whether or not to investigate other companies.
It depends on what Huang Yuanzhou means.
Huang Yuanzhou, however, needed to see what Liao Changyong thought.
"Alright, now we can get a good look at the food factory!"
After the food factory's leaders were taken away by the Discipline Inspection Commission, Qi Tongwei looked at Yu Fushan, Chu Tianjing, Zhu Jun, Kang Guoyu, and Zhang Keqing.
Their main purpose in coming here today is to understand the specific situation of the food factory.
Qi Tongwei already has the general information from the corporate audit department, which should be pretty much accurate.
"These are the general results of Section Chief Gu's review just now. Take a look!"
Let's see if we've missed anything!
Qi Tongwei handed the document that Gu Bing had just given him to Yu Fushan and asked him to read it.
"Yes, County Chief Qi!"
Yu Fushan took the document and quickly browsed through it, becoming increasingly angry with each page he read.
He always thought it was because he was incompetent that he couldn't revive the food factory.
As it turned out, it wasn't that he lacked ability, but rather that all his efforts were wasted by Wang Wenda and his group of parasites.
Although the county allocates only a small amount of money to the food factory each time, only two or three hundred thousand yuan.
But they have received funding thirteen times in total, amounting to 325 million.
That money would be more than enough to build another food factory.
But now, all that money has ended up in Wang Wenda's and his gang's pockets.
After Yu Fushan finished reading, he handed it to Chu Tianjin. Soon, everyone present understood the findings of the company's audit department.
After reading it, the group felt quite uncomfortable; the leaders and cadres of the food factory were simply inhuman.
"Let's find out what's going on first, and then we'll talk!"
Seeing that Yu Fushan and the others wanted to speak, Qi Tongwei raised his hand to stop them.
Now is not the time to express opinions; there are still some things to arrange.
Wang Wenda and his associates have been arrested, but those who colluded with them have not yet been arrested.
Outside, the factory workers were overjoyed to see all the factory leaders being taken away.
"These inhuman beasts should have been arrested long ago. Look what they've done to the food factory."
They're all going to go bankrupt!
"Good, these beasts have finally been caught. They were eating with their mouths full of grease, but they didn't care about the lives of us!"
……
When Qi Tongwei and his group came outside, the food factory workers were chasing after Wang Wenda and others, throwing vegetable leaves at them.
"Comrades, do not interfere with the Discipline Inspection Commission's investigation. If you have any clues about corruption, please inform the Discipline Inspection Commission in a timely manner."
Please inform the police immediately if you have any information about illegal or criminal activities!
Qi Tongwei looked at it for a while and then said.
Food factory workers need to vent their emotions, which makes it easier to communicate with them later.
"County Magistrate Qi!"
"County Magistrate Qi!"
"County Magistrate Qi!"
……
Luo Jianshe, Zhang Yunlei, Ma Aiguo, Yang Dapeng, Peng Shuiying, and Du Qiantu led a large group of employees to greet them.
"Everyone, go ahead and get busy. We're going to take a look around the food factory now to get a better understanding of its actual situation!"
Let's gather everyone for a meeting after we've understood everything!
That's what Qi Tongwei said.
He wouldn't give any guarantees until he had a clear understanding of the food factory's situation.
As the county head, I represent the county government and must keep my word.
Then Qi Tongwei and his group began to look around the food factory.
The food factory produces a variety of products, including bread, biscuits, osmanthus cake, rice crisps, sorghum candy, and orange candy.
After touring the interior of the food factory, Qi Tongwei and his team went outside to check on the sales of the factory's food products.
The supply and marketing cooperative's prices were very high, and very few people bought them.
Meanwhile, private shops outside are selling food factory products at low prices.
The prices are very confusing.
Having seen enough, the group returned to the food factory's conference room.
"After looking around, what are your thoughts on how to solve the food factory's problems?"
Qi Tongwei looked at everyone and said.
"Based on the current situation, the food factory will either be sold or go bankrupt."
The food factory has assets of only about 500 million yuan, but debts of nearly 1500 million yuan.
There are also nearly 200 million workers' wages to be paid.
"If we sell it, we might not find anyone willing to take it!"
Yu Fushan was the first to express his opinion.
The food factory has too much debt.
The corporate audit department initially found 1300 million yuan in debt. After Wang Wenda and his accomplices were arrested, the corporate audit department found another 200 million yuan in debt.
Taking over the food factory means taking responsibility for 1500 million in debt and nearly 200 million in worker wages.
These two items combined amount to 1700 million.
It's almost equal to Xichun County's annual fiscal revenue.
No one would take on such a high debt.
Then the food factory would have no choice but to close down.
"Going bankrupt is definitely not an option. Based on the number of employees in the food factory, if it goes bankrupt, the resettlement costs for laid-off workers alone will be nearly 600 million yuan."
The county simply cannot afford that much money.
I think we should maintain some operation of the food factory first, so that the workers can maintain a basic standard of living.
Then the county studied how to deal with the food factory!
If you were to sell it, you probably wouldn't want it even if you gave it away for free!
Chu Tianjin said.
"I agree with Director Chu's opinion!"
Zhu Jun said.
Of Yu Fushan's and Chu Tianjin's methods, Chu Tianjin's is more preferable.
"I agree with Director Chu's opinion!"
Kang Guoyu said.
The problems of food factories should be solved with prudent methods.
"I agree with Director Chu's opinion!"
Zhang Keqing said.
"I also agree with Director Chu's approach; going bankrupt is not an option for the time being!"
In addition, we must find a way to recover the assets embezzled by the leaders and cadres of the food factory!
This will better solve the problems of food factories!
Qi Tongwei said.
To appease him, we first paid some wages to the food factory workers.
Then we need to find a way to recover the money that Wang Wenda and others embezzled.
At that time, the wages of the food factory workers will be secured.