Small Lake Town Toy Factory.

Hu Zhen looked at the ban on tin toys issued by Dongshan Mansion, as well as the "Temporary Measures for the Handling of Issues Related to the Safety and Power Consumption of Old Production Equipment," and felt his head buzzing.

The production of tin toys has long been banned in the south, and now it's the turn of the north. It's not surprising.

The problem is the handling of old equipment. They directly eliminated the production equipment manufactured before the 1990s.

A quick look at bit.ly/3iBfjkV will leave you more fulfilled.

"It's over, completely over!"

Hu Zhen's first thought was not about the Small Lake Town Toy Factory, but the new toy factory.

Or rather, the large amount of old equipment purchased for the new toy factory.

In recent years, many state-owned enterprises have undergone reforms, some have been privatized, some have been dismantled and restructured, and some have gone bankrupt.

Last year, he saw an advertisement in the newspaper for the low-priced transfer of an injection molding machine. He contacted the other party, and the equipment, worth around 30 to 40 thousand, was actually sold for just over 5 thousand.

He went to the factory to take a look, and although the equipment was old, it could still be used.

Moreover, the other party was a bankrupt state-owned toy factory. In addition to the injection molding machine, there were various metal cutting machines, metal die-casting machines, and even two drilling lathes.

He asked about the price, and my goodness, even though they were second-hand equipment, the total value was not less than 2 million. They were all sold together for only 200 thousand!

Who wouldn't buy it?

Hu Zhen not only bought it, but also ran all over the country, spending five to six million, and collected a bunch of second-hand equipment worth around 40 to 50 million.

Later, when he ran out of funds, he went to talk to the richest man in the county...

So the two of them decided to increase their investment!

They would use 10 million in real money in the early stage to establish the factory, get land from Small Lake Town, and once the factory was built, they would increase capital and expand production with the second-hand equipment, reaching a value of 50 million.

Then they would mortgage the new toy factory to get a loan, continue to purchase more second-hand equipment, make the new toy factory the largest in Dongshan, and finally sell the factory and switch to construction.

The plan was going smoothly, and the basic items for the new toy factory were already halfway done.

And now, all of a sudden...

"Hu Zhen ran away."

"Huh?"

Early in the morning, Xu Fei walked into the office and suddenly received a mysterious message.

He looked at Liu He, the principal of the secondary vocational school, and asked, "Who is Hu Zhen?"

"The owner of the Small Lake Town Toy Factory."

"Why did he run away?"

"I heard from Small Lake Town that he took away the 5 million investment from the richest man in the county. After the richest man found out, he brought people to attack the Small Lake Town Toy Factory and took over the security."

Xu Fei summoned a semi-transparent page, and the three engineers who infiltrated the Small Lake Town Toy Factory had already gone to Dahai Construction Company in Gucheng County.

To be honest, he didn't really dislike this colleague who occasionally caused trouble. After all, when running a factory in the countryside, there was always fighting involved, right?

And also, working in the workshop was monotonous, so having some fights and jokes between the two sides not only helped regulate emotions, but also provided some topics for tea breaks and meals, and increased the cohesion of their respective factories.

But now the other party's boss ran away...

"Wish him a safe journey."

Xu Fei yawned and lay down in the rocking chair next to the stove, covering himself with a military cotton coat, preparing to take a nap.

However, the creaking fax machine, the noisy printer, and the noisy environment made it impossible to sleep.

After the leader of the Development and Reform Commission agreed to build a power plant yesterday, the staff who were allowed to enter helped mark the process.

First, clarify the investment model: joint venture (TEP & East Mountain Supply and Marketing Cooperative)

Then determine the investment subject, project location, and construction route.

Then find the water and environmental protection departments of Dongshan, and apply for safety evaluation, environmental evaluation, water evaluation, and disaster evaluation.

Even with the support of the first department in Dongshan, the Development and Reform Commission, this process still takes at least a week to complete.

Then find the land from the Land and Resources Department, go through the land acquisition procedures. Find the fire department and go through the check-in procedures. Find the power company and go through the connection procedures...

Then submit the project proposal, feasibility study report, preliminary design, etc. to Dongshan Mansion for approval, approval, confirmation, and filing.

The above are the major permits, and there are also many minor permits.

Skipping.

Also, publicize the project proposal, bank loan commitment letter, minimum guaranteed amount of garbage commitment letter, project service contact form, support opinions from the construction department of Dongshan Mansion, electrical design, engineering design...

And prepare the overall layout plan, blueprint, construction drawings, road lighting and sanitation facilities drainage plan, building area prediction report, construction engineering construction drawings...

According to the principal of the secondary vocational school, "We need to prepare more than 50 people to go out and run, and prepare three large rooms to store the corresponding materials."

And these are just the procedures.

There is still a need to prepare more than 160 types of equipment required for building the power plant.

And recruit workers.

A 1000MW thermal power plant probably needs around 200 people.

These are all specific job positions, not something that can be recruited casually.

Administrative positions include: manager's office, material supply, chief engineer, safety...

Operational positions include: boiler team, turbine team, heat control team, electrical team...

And also maintenance, shift work, finance, personnel...

"Da Ma, when will our 10 million be approved?"

"The Construction Bureau is also urging."

"If it doesn't work, let's change the bank and find China Construction Bank or Agricultural Bank."

"In the name of which factory?"

"Definitely the toy factory. The other two don't have many assets. If it doesn't work, we can mortgage the toy factory and get a loan of 20 million."

Building a thermal power plant and a tank factory requires a large amount of metal."We usually produce toys and can purchase old machine tools and motors.

But now, using scrap iron to build a power plant is a bit conspicuous.

So, we must purchase a batch of iron ingots for appearances.

Xu Fei thought for a moment, feeling that today's work was done, and decided to go back to the dormitory to sleep.

At this moment, one of the two engineers heading to the Cayman Islands called.

"Yes?"

"Factory Director, things aren't looking good."

"What, were you deceived?"

"No, the agency was very proactive and enthusiastic. They took care of everything as soon as they received the money. What I mean is, whether it's to Qing Port or Jin Port, all the foreign investment applications we submitted were rejected."

"Why?"

"Jin Port said: If any offshore company can come to China to invest in factories and enjoy foreign investment treatment, then all Chinese entrepreneurs would run overseas to register offshore companies, and then return to their local area, transforming into a foreign enterprise. Wouldn't that be better? But in reality, how many foreign enterprises have you seen?"

"Aren't all foreign trade merchants offshore companies?"

"Offshore companies are mainly used for currency circulation, stock trading, listing financing, import and export trade. If they invest in domestic industries, it will involve 'round-trip investment'."

"Round-trip investment?"

"It refers to domestic residents conducting direct investment activities in the country through special purpose companies, including buying or exchanging equity of domestic enterprises, setting up foreign-invested enterprises in the country, and purchasing or controlling domestic assets through foreign enterprises."

Why does it feel like he's talking about me?

Xu Fei was silent for a moment, "Is it against the rules?"

"Once it involves round-trip investment, it may be suspected of 'cross-border transfer of funds', 'transitional nature of capital flight'. The larger the target enterprise, the more funds involved. If it exceeds a certain amount, it will attract the attention of the Ministry of Commerce. Fortunately, the materials we submitted only wrote my English name, Boris."

"So, the offshore company TEP cannot become the main investor of the Tin Toy Factory?"

"It can, if you inject 100 million Franklin in cash, or own 500 million Franklin in actual assets."

"..."

"Another method is to use the offshore company TEP to acquire a real foreign enterprise that has been in business for more than 3 years, with a registered capital of more than 500 million Franklin, and its own debt not more than three times the registered capital. Then, through restructuring, change the name of this real foreign enterprise to TEP."

"We don't have that much Franklin."

"Factory Director, the person in charge of the entrusted company said that with just 1 million Franklin, they can help us with the second method."

"Oh?"

"Moreover, the target they found for us is North America Tower Company. I thought about it, and it feels like the phonetic translation of 'tower' and 'tin' is quite similar, so there's no need to change the name."

"Is it feasible?"

"North America Tower Company was once a subsidiary of North America Broadcasting Company ARSC, located in Boston, North America. It owns 2700 towers, including broadcast towers, transmission towers, wireless broadcast communication stations, etc. The company was separated from ARSC in 1998 and listed in New York, code AMT. But after the initial rise in stock prices, it began to continuously fall. By the end of this year, it's almost bankrupt. The entrusted company suspects that a competitor is maliciously shorting, and then acquiring North America Tower Company."

"How much capital is needed?"

"Also 100 million Franklin, but this method is more secure than using an offshore company, and it can fundamentally establish TEP."

"Where am I going to get so much Franklin..."

"The entrusted company said we only have one week. If we can't make up our minds in a week, the stock price of the Tower Company will rise, and the required capital will double."

"I'll think of a way."