Name: My father is Zhao Dehan, and I hope he will become a dragon!
Chapter 20 Financial Pitfall!
In the crowd, Zhao Chongming glanced at his father.
I have to admit that after becoming the vice governor, my father naturally exuded an air of official authority.
The tone of his voice has started to change.
Zhao Dehan did not take a car back to the city, but went directly to the provincial party committee compound.
When Zhao Chongming pushed the door open, Zhao Dehan was squatting in front of the radiator, warming his hands.
A stack of papers lay on the table; this was the financial report for the entire Handong Province.
"dad."
Zhao Chongming placed the lunchbox on the windowsill. "Want some?"
Zhao Dehan took the lunchbox and pointed to the top page on the table: "Take a look."
Zhao Chongming sat down and picked up the paper.
It wasn't a document, but a handwritten list, the handwriting messy, the ink smudged with water—as if it had been torn from a soaked notebook.
December 31, 2006, internal transaction records of the Guangming District Finance Bureau
Teachers' salaries: owed for 4 months, actual payment was 0 yuan (medical insurance settlement amount).
The hospital owes the city hospital 2870 million yuan, and the hospital has stopped supplying medicines to the hospital.
Advance payment for relocation to Dafeng Factory: Account balance ¥0.00
Land transfer fees received: 58 billion yuan claimed for the year, but only 1.52 million yuan actually received.
Shanshui Group's loan: 16.3 billion yuan (annual interest rate of 14.8%), due next month.
The last line was circled repeatedly in red pen:
Available cash: ¥37
Zhao Chongming was stunned: "Holy crap, 370,000?"
"Isn't that ridiculous?" Zhao Dehan took a deep breath: "This little bit of money isn't even enough to pay for Dafeng Factory's water and electricity bills for one day."
"The trouble is this big?"
In the original story, it wasn't apparent that the entire financial system of the Bright District had become virtually an empty shell.
"This is the government's financial report, which I just summarized. The data was given to me by Sun Liancheng."
Zhao Dehan stood up and said, "Dafeng Factory isn't the worst of it; things can stay stable tonight. But there are the teachers behind us. If they can't come up with the money, they'll stage a sit-in at the municipal party committee—not with banners, but kneeling at the door with their lesson plans!"
Zhao Chongming said, "Did Ding Yizhen drain all the money before he ran away?"
"Taking advantage of the situation?" Zhao Dehan smiled bitterly. "He's using Guangming District as an ATM. When the land is put up for auction, Shanshui Group takes over with shell companies, without paying a single penny, but it's recorded as accounts receivable. Then, they use these accounts receivable as collateral for bank loans, and half of the loan money goes into Shanshui Group's high-interest loan account to fill the hole."
No wonder!
Zhao Chongming muttered to himself.
It seems that the entire Guangming District is so poor it's practically urinating blood.
In the original story, asking Sun Liancheng to come up with 20 million yuan in resettlement fees was like asking him to die.
The Guangming District has truly been hollowed out.
Zhao Dehan said with a sigh, "Now that Ding Yizhen has run away, the Shanshui Group wants real money. No one's playing along anymore, and the accounts are in jeopardy!"
"This whole scheme is bound to backfire sooner or later, Dad. What's your plan now?" Zhao Chongming asked.
Zhao Dehan hesitated for a moment, then said, "There's only one way—to get an advance on next year's transfer payments from the city. Eighty-five hundred million, nominally for 'resettlement of Dafeng Factory employees' and 'back pay for teachers' salaries.' Let's get through these two difficulties first!"
"Will Li Dakang approve it?" Zhao Chongming asked.
"I think so; he's not completely out of his mind!"
Zhao Dehan was speechless: "The crowd's emotions are so intense, and he still insists on forcibly demolishing the property. It's utterly ridiculous. Tonight he saw the workers carrying gasoline drums. He knows that if anyone dies, he'll be the first to step down, and he won't be able to escape that responsibility!"
"That's true!" Zhao Chongming nodded slightly.
At the time, I didn't think so when I watched the show. I even thought Li Dakang was right and that the procedures were legal and compliant.
But think about it carefully.
This is utter nonsense. The Shanshui Group obtained legal and compliant procedures through various illegal and non-compliant means, and now they want ordinary people to suffer losses?
What kind of bullshit logic is this?
Zhao Chongming did not have a high opinion of Sha Ruijin.
They wiped out the Han University gang, incorporated the Secretary gang, and formed their own Shajiabang.
However, it also caused the economy of Handong Province to stagnate, or even regress.
By the time the second part, "People's Property," was released, only a few years had passed. Li Dakang was still the Party Secretary of Jingzhou City, while Sha Ruijin had already disappeared.
The organization sent you, Sha Ruijin, down for two reasons: first, to eradicate the Zhao family's influence; and second, to stabilize Handong Province and achieve sustainable economic growth.
The second point is even more important than the first.
Whether the Zhao family clique is finished or not is a matter of power struggle at the top. If the economy doesn't turn out well and there's a massive wave of unemployment, the people will give you a surprise right there and then.
If Qi Tongwei wants to be a deputy provincial-level official, then let him be.
Once he's appointed, he'll be transferred to another province, freeing Qi Tongwei from Handong Province and severing his roots, before we can investigate him slowly.
The personnel appointments of the Han University clique should be arranged as appropriate.
Then, one by one, we slowly cleaned them up; it was a process of gradually boiling a frog in warm water.
First and foremost, stability is paramount.
Unlike you, Sha Ruijin, who is clearly here to deal with you.
Doesn't this just make the Han University gang determined to fight against you?
However, Zhao Chongming did appreciate one of Sha Ruijin's actions.
That meant tearing off the seal and letting the workers at Dafeng Factory continue working.
Continuing to work means having income, and having income means being able to survive.
At this point, there's no need to bring up any legal or regulatory issues.
This is a political issue.
If you make it impossible for ordinary people to survive, then your laws and regulations shouldn't exist.
"Dad, things are tough for you right now too!"
Zhao Chongming put down the documents in his hand and said, "First, to resolve the Dafeng Factory issue and prevent worker unrest, the Dafeng Factory must exist. If this requirement cannot be met, the workers will riot! Second, if the land of Guangming Peak is not offered to Shanshui Group, then it is illegal and non-compliant. At that time, you will be directly accused of disrupting the business environment!"
Zhao Dehan nodded: "That's true. What do you think?"
Zhao Chongming laughed and slowly said, "First, we need to figure out one thing: what do the workers at Dafeng Factory need?"
"It's nothing more than jobs and compensation for the demolition!" Zhao Dehan squinted and said, "What?"
"Let's talk about work first!" Zhao Chongming began. "Working in Guangming District is about the same as in other districts. My suggestion is, could we relocate the factory to Linhuang District? Land is cheaper there. Could you ask Li Dakang to talk to the people in Linhuang District about delaying the land transfer fee and such? What do you think?"
Zhao Dehan said, "The working conditions in Linhuang District are not as good as in Guangming District. Would the workers be willing to accept that?"
"All they need is a job!" Zhao Chongming smiled and said, "When the time comes, we'll repair the staff dormitories and build some traffic facilities nearby. I think the workers will be satisfied. If all else fails, you can go find Chen Yanshi and have him talk to them!"
Zhao Dehan squinted and asked, "Then what about the resettlement funds?"
Zhao Chongming said, "It's simple, just go to the Shanshui Group and ask them!"
"Will they give it to us?" Zhao Dehan frowned.
"Qi Tongwei is the shareholder behind the Shanshui Group!"
Zhao Chongming smiled and said, "Go talk to him. Doesn't Qi Tongwei want to be the vice governor? You can support him. As long as the Shanshui Group provides the money, you can support Qi Tongwei to become the vice governor. If they don't provide the money, you might not be able to make Qi Tongwei the vice governor, but you definitely have the ability to prevent him from becoming the vice governor!"
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