In early 2003, the SARS epidemic broke out, causing people to panic for a time.
Masks, disinfectant, and isatis root have all become hot commodities.
Fortunately, Xiang Nan was prepared in advance, which not only met his own needs, but also donated a large amount to hospitals and schools, gaining a great reputation.
The outbreak of SARS, although it had a certain impact on the economy, was a blessing in disguise.
Fruit vinegar, a drink with health-care functions, has been widely welcomed by the masses. People are superstitious that it has the effect of fighting viruses and strengthening the body, so they buy it in large quantities.
As a result, Xiangnan's fruit vinegar factory has become extremely famous and its sales have increased significantly. It can be said to be a blessing in disguise.
In addition, Xiang Nan had previously introduced the cultivation of herbal medicines in Yuquanying. In addition to wolfberry, there are also isatis root, honeysuckle, astragalus, licorice and so on.
Now that the epidemic has broken out, traditional Chinese medicinal materials that clear away heat and detoxify, such as isatis root and honeysuckle, are immediately being robbed.
Before, the price was only two yuan per catty. During the SARS period, the price of isatis root increased immediately because it was effective in treating the disease. At its most expensive, it cost 50 yuan per pound, which was twenty-five times the price.
Before SARS, honeysuckle cost only 10 yuan per catty. During SARS, the price increased to 150 yuan per catty, also more than ten times higher.
Therefore, farmers who followed Xiang Nan's Chinese herbal medicine took this opportunity to make a fortune.
…
In 2003, Ernst & Young Life and Ernst & Young also used their companies as collateral to obtain loans for real estate development in Yinchuan City.
Xiang Nan expressed support for this and even helped them provide guarantees when they took out loans.
Otherwise, with Shoukang Construction Company's small fortune alone, it would be impossible to borrow millions, and it would be basically impossible to start a real estate business.
With *****, Shoukang Construction Company successfully transformed into Shoukang Real Estate Company, acquired land and built houses in Yinchuan, and made a great success.
…
In 2003, Xiang Nan also reintegrated many of its industries such as Liren Clothing, Quanjun Liquor, Yongfu Canned Food, and Fafu Feed.
The parent company Fuhua Group was established and changed from a sole proprietorship to a joint-stock enterprise.
On the one hand, attracting outside investment will help the company continue to grow; on the other hand, rewarding mid-level and senior management with equity will also help enhance their centripetal force.
Company veterans such as Ma Debao, Li Shuiwang, Li Gawa, and Baimaimiao were all allocated shares worth hundreds of thousands of yuan, which made them both happy and grateful.
In fact, the real purpose of Xiang Nan's restructuring was to gradually remove power.
He plans to officially step down next year, and then take Shuihua and Xiaoyan to settle in Yanjing.
After getting there, he would not return to Yuquan Camp unless necessary.
Only by reorganizing the joint-stock system can he get out. Otherwise, as a sole proprietor, there is no way to leave.
…
At the beginning of 2004, Xiang Nan was ready to officially step down.
At this moment, An Yongshou and An Yongkang found him.
"Brother, you have to take action on this matter." An Yongshou said urgently.
"Yes, if you don't take action, we will be doomed." An Yongkang also said anxiously.
"What are you talking about? What's going on? Tell it carefully and don't be surprised." Xiang Nan rolled his eyes at them and said, "With me here, the sky can still fall."
"It's like this, brother, the town has been in arrears with the payment for our project for almost two years. If they don't pay back, we will have no way to survive." An Yongshou explained.
"Yes, it adds up to more than 13 million. They always delay and refuse to pay us, which makes it impossible for us to accept projects and pay workers' wages." An Yongkang also said quickly.
"How come you owe so much?" Xiang Nan frowned upon hearing this.
The total assets of Shoukang Real Estate Company are only over 30 million. The arrears of 13 million accounted for nearly half of the company's total assets. If such a large amount of money cannot be recovered, of course there will be problems with the company's operations.
“We used to take on projects from the town, and the project funds were paid very quickly, so later, they asked us to advance funds to build office buildings, lay running water, and build roads, so we did it.
I didn’t expect that after these projects were completed, I went to the company to pay the bill but it refused to pay. After putting it off again and again, it ended up dragging on for two years. "An Yongshou explained.
"We had wanted to tell you for a long time, but we felt that such a little thing was not worthy of your opening your mouth." An Yongkang added, "But now they keep delaying it, and we really have no choice. Brother, Only you take action."
Xiang Nan nodded.
He still had to do this.
He then called Ma Defu and asked him about the town's arrears in project payments.
"Yong Fu'er, this matter is quite complicated." De Fu'er pondered for a moment and said, "Well, I'll come to your house tonight and I'll tell you in detail."
Xiang Nan nodded.
…
That night, Defu came to Xiang Nan's house.
"What's going on? Why are you owed so much money for no reason?" Xiang Nan got straight to the point and asked directly.
Defu sighed and told Xiang Nan the whole story.
It turned out that in 2002, after Minning evacuated its villages and established towns, jurisdiction was transferred from Haiji County to Ning'an County. During the handover process, something went wrong, causing chaos in the town's management and all sorts of messy things happening.
Shoukang Construction Company originally signed a contract with Haiji County, but later the jurisdiction was transferred. Haiji County did not pay the bill, and Ning'an County did not acknowledge the bill. Therefore, the project funding of more than 10 million yuan has never been approved.
In addition, Minning Town is now a key demonstration area for poverty alleviation in the country, and every leader wants to come here to get a layer of gold. But after they arrived, instead of being down-to-earth and working hard, they engaged in image and face projects.
As a result, the poverty alleviation funds are simply not enough, and we have incurred a lot of debt in the past two years. In addition to Shoukang Construction Company, there are actually more than 30 engineering teams, but none of them have settled their payments. Total liabilities total more than 60 million.
The annual fiscal revenue of Minning Town is only 20 million. Therefore, with such a huge debt, even if all the civil servants in the town did not receive a salary and did not spend a penny, it would still take three to four years to pay off the debt.
"The situation could be so serious!" Xiang Nan couldn't help but frown after hearing this.
In the play, this situation happened in Minning Town. I originally thought that now that the economy has improved, this situation can be avoided, but I didn't expect that it would be more serious than in the play.
"Do your superiors understand this situation?" Xiang Nan asked.
"The town has been covering it up. Even if the superiors heard about it, they may not know the details. They didn't know that the hole was so big." Defu shook his head.
"It seems that someone has to expose this matter. Otherwise, the famine will get worse and worse, and more and more people will be implicated. If it continues to be delayed, we don't know what will happen." Xiang Nan nodded. .
"Yong Fu'er, don't get involved in this matter. You might get into trouble. I'll help them recover the money they owe Shoukang." Upon hearing this, Defu hurriedly advised.
Whoever does this kind of thing of uncovering the cover will be unlucky. Xiang Nan's property in Minning Town is so big that if something goes wrong, the losses will be huge.
"Someone has to do this. I'm afraid that no one in Minning Town has a thicker waist than me. If I don't dare to speak out, others will even less dare." Xiang Nan waved his hand and said, "Besides, I lift the lid not just for my brother, but for all the engineering teams in Minning Town and the people of Minning Town who work for them."
When Defu heard what he said, he nodded with emotion.
