Chapter 1218 Wanbao’s cry for help!

October 1, 1988.

Yang Ming woke up after a long sleep. It was already the National Day of 1988.

Early this morning, Yang Ming got up and had breakfast early.

Mr. Shen has already come to pick up Yang Ming to attend the National Day ceremony.

The National Day ceremony is no different from the National Day in previous years.

When Yang Ming finished attending the state banquet, Yang Ming and Mr. Jiang exchanged a few words at the state banquet.

When Yang Ming left here, he returned to the courtyard.

Ta Xin was already waiting for him.

Today, Thaksin also attended the National Day ceremony and the state banquet, and was very excited.

However, what he hopes most is that Yang Ming can take him to meet the real speaker.

It was around nine o'clock that night.

Yang Ming and Ta Xin came to where Mr. Jiang lived.

When Mr. Jiang first saw Mr. Yang bringing the patriotic Chinese Ta Xin, he could tell at a glance that Ta Xin was not a simple person.

"Mr. Jiang, this is Ta Xin, whose Chinese surname is Qiu. He is a Hakka who immigrated to northern Siam from Meicheng, Guangdong Province."

"Hello, Mr. Jiang." Ta Xin held Mr. Jiang's hand excitedly.

At this time, Mr. Jiang's identity is no longer simple. However, when he officially takes over the old man's position next year, Mr. Jiang's identity will be even more complicated.

Mr. Jiang shook hands with Thaxin.

Yang Ming said a few words to Mr. Jiang and did not stay any longer.

After leaving here, we will go back to the courtyard.

. . .

The next few days.

Yang Ming has met with the old gentleman.

Yang Ming discussed many things with the old man, including domestic and even foreign ones, which played a very important role in the old man's life.

October 5, 1988.

Yang Ming and his party quietly left Yanjing.

However, the old gentleman still sent Mr. Shen, Mr. Jiang and others to see him off at the airport in person.

Yang Ming returned to Hong Kong Kai Tak International Airport by private plane.

After getting off the plane, Yang Ming took a car back to the Repulse Bay Mid-level Villa.

On October 15, 1988.

Saturday.

Yang Ming did not go back to work at the Empire State Building today. When he was staying with his parents at home, someone from Yangcheng came.

Deng Shaoshen.

Maybe many people don't know who this person is.

However, this man is definitely a man of the hour.

At this time, he was the founder of Wanbao Company, the largest electronic and electrical appliance company in China.

In 1983, Deng contracted the Yangcheng Second Light Machinery Repair Factory, which was a small, loss-making factory with only 100 people at the time. He introduced the first domestic refrigerator production line from Toyo Panasonic and began to produce Wanbao brand refrigerators.

Due to its earliest start, Deng Shaoshen's factory rose rapidly. Wanbao refrigerator once reached 40% of the national refrigerator market share, becoming the largest home appliance manufacturing company in the country.

By 1988, Wanbao refrigerator production capacity exceeded 1 million units, with an annual output value of more than 1 billion yuan. It ranked first among the top 100 domestic electronic appliances and ranked 41st among all enterprises in the country in terms of comprehensive strength.

At this time, Zhang Ruimin's Haier had only reached a scale of 200,000 units.

Wanbao belongs to the Yangcheng Second Light Industry System in terms of property rights and is a collectively owned enterprise. In the hierarchy of the administrative system, Deng Shaoshen is a small "deputy department-level cadre."

After rapid growth, Deng Shaoshen hopes to transform the company in terms of capital. Therefore, with his running around, in early 1988, the above listed it as one of the main pilot groups for the national enterprise joint-stock reform, and relevant departments began to directly participate in Wanbao's development strategy and property rights reform matters.

Contradictions quietly sprout in this change.

When the situation of Wanbao Refrigerator was excellent, Yangcheng Erqing System first pushed a lot of "rotten apples" to Deng Shaoshen.

Wanbao established a group and successively acquired 24 small and medium-sized factories that were losing money. These long-term enterprises consumed Wanbao's profits and Deng Shaoshen's energy every day.

At the same time, the internal battle within the company became increasingly fierce. The person in charge assigned by his superiors was at odds with Deng Shaoshen. The two had different opinions on the company's development strategy. The former obeyed the command of the competent department unconditionally, while Deng had his own game of chess.

Historically, he later admitted that many of Wanbao's plans and specific business decisions at that time came directly from above, which gave Yangcheng the feeling that Deng Shaoshen was too big to lose.

If the tail is larger than the body, it will eventually fall off.

On the surface, Wanbao's tragedy was caused by an imbalance between production and sales. Starting in June, domestic inflation accelerated, and Guangdong Province, like all other parts of the country, saw a rush to buy. The fleet of people waiting for refrigerators at the entrance of the Wanbao factory stretched from the production workshop to the road far outside the factory gate.

The superior department found Deng Shaoshen and ordered him to put 30,000 refrigerators in Yangcheng Chang as soon as possible to stabilize the rising prices of home appliances. On the one hand, Deng Shaoshen ordered the workshop to produce in three shifts and work overtime day and night. At the same time, he also urgently allocated refrigerators from other places to solve the urgent need in Yangcheng.

Unexpectedly, at the beginning of next year, due to the failure of price breakthroughs and the implementation of macro-control, home appliances suddenly became unsalable.

Deng Shaoshen urgently reported to his superiors, saying that the warehouse was full and there was a serious backlog of working capital. Wanbao needed to stop production for rectification, overhaul equipment and digest inventory.

The superiors severely reprimanded him for "influencing leadership decisions" and asked Wanbao to continue production "just in case."

In this way, hundreds of millions of yuan in funds were backlogged, and the cash chain was quickly broken.

In fact, at this time, serious problems had arisen within the Wanbao Group. Deng Shaoshen also knew about Sir Yang's relationship with Guangdong Province and Yangcheng, so he had to ask Sir Yang for help.

When Yang Ming first saw Deng Shaoshen, he knew that he was an industrialist.

There were many people like this in China throughout history.

However, many of these people ended up miserable, that is, only people like Liu Chuanzhi survived.

Not surprisingly.

Next year, Deng Shaoshen had to give up Wanbao Company and run to Canada with his family.

Without Deng Shaoshen, Wanbao's internal situation was even more chaotic, causing Yangcheng to miss out on a company that had already developed well.

Historically, Deng Shaoshen was also powerless.

On the one hand, he can no longer control Wanbao.

On the other hand, the pressure on him from above and in Yangcheng made him reluctant to give up.

But now he has someone to guide him.

He immediately ran from Yangcheng to see Sir Yang.

"Sir Young."

Deng Shaoshen had met Yang Ming when Yang Ming went to Yangcheng.

However, Yang Ming did not know him.

"Who are you?"

Deng Shaoshen habitually took out his business card and handed it to Yang Ming.

Yang Ming took it and looked at it. It said Chairman of Wanbao Electrical Appliance Company.

Below is Deng Shaoshen’s name and a phone number.

"Sir Yang, please save me and my company."

"Speak slowly."

Yang Ming went up to the study with him.

When Deng Shaoshen talked about the current situation of Wanbao Electric Company.

Yang Ming already understood.

Historically, Deng Shaoshen and his company are not the first people or companies to have such a situation, nor are they the last.

However, in history, Deng Shaoshen should be the first industrialist to be sacrificed.

"I know the internal situation of Wanbao very well now. Although there is no chaos yet, it is almost there, and there are many things that I can no longer control."