This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and specifically ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets?

2024/11/1619:27:48 news 1339

In the past few days, I have been studying and appreciating Mr. Sima Nan’s videos, and I have seen many of his topics about the loss of state-owned assets of a certain enterprise.

This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and especially ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets? ?

This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and specifically ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets? - DayDayNews

Things should start from 30 years ago. At that time, this linen factory was one of the four pillar enterprises in our county, with more than 300 workers. During the peak production season, it required three shifts of .

But about 20 years ago, this company went into decline. It is said that the main reason was that the technology was backward and management was chaotic, and it was unable to compete with other private companies, which led to a series of problems such as production suspension, work stoppages, and long-term inability to pay workers' wages.

This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and specifically ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets? - DayDayNews

Later, the county decided to package and sell the flax factory. I remember that the transfer price at that time was 200,000, but a few months later, no one cared.

Later, the county gave up the transfer price again and again, until it was reduced to zero transfer. Only then did some bosses come to negotiate, but they were unsuccessful.

More than half a year later, a boss from Zhejiang took over the flax factory. It is said that not only was there no transfer, but a piece of land of dozens of acres near the flax factory was allocated to the boss.

This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and specifically ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets? - DayDayNews

The boss invested a lot of money after taking over. Not only did he replenish all the wages of the workers, he also gave satisfactory compensation to the laid off employees, and all the machinery and equipment were naturally updated.

Unfortunately, after two or three years of prosperity, the linen factory, which had become a private enterprise, actually stopped operating again. The reason was probably due to overcapacity.

Later, the boss spent a large sum of money and asked all workers to buy out their seniority, and the factory fell into silence. Someone made a calculation for this boss, because he would have to lose tens of millions to buy this business. However, he has arranged all the workers, and he has made others happy.

This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and specifically ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets? - DayDayNews

But what is unexpected is that during the real estate boom a few years ago, this boss sold the flax factory and the land assigned to him when it was transferred. It is said that he made no less than 100 million.

Many people are very emotional about this matter. Everyone admits that if the boss had not invested huge sums of money, many of the problems of these workers would not have been solved.

Of course, this boss also made a huge profit from selling the land in the end.

Now what I want to ask Mr. Sima Nan is, does the linen factory in our county count as a loss of state-owned assets?

This reminds me of the changes and experiences of the flax factory in my hometown county over the past 30 years. I would like to tell this story here, and specifically ask Teacher Sima Nan: Is this situation in our county’s flax factory considered a loss of state-owned assets? - DayDayNews

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