New Leap Brewing and reorganization

Source: Internet
Author: User
Keywords Zhejiang merchants a single big reluctantly a new leap restructuring mode
Tags business company continue corporate governance create development enterprise enterprises
This is a sample of getting out of the predicament through reorganization, and it is an active exploration of the government leading to promote the reorganization mode of the enterprise.  If the new leap wants to develop, it must continue to restructure, the new leap of ownership structure will be further changed, will create a modern management system of a new leap.  Our reporter Jin Shaoze in two days after the ice fire, the leap group in two, now Qiu in addition to continue as the chairman of the Leap Group, but also as the second largest shareholder as Zhejiang New Leap Co., Ltd. chairman. Leap Group of ups and downs, to some extent, "Taizhou mode" a microcosm of the ups and downs.  And in the global financial crisis brought about by the pressure and challenges, the successful transformation of the leap for Taizhou and even the national private enterprises to establish a new benchmark.  According to preliminary statistics, from January-September this year's sales situation, in the whole line of general industry losses, the new leap to achieve a micro-surplus.  "Zhejiang business" reporter in Taizhou interview, Leap Group chairman Qiu is overseas investigation of waste resources recycling projects, he admits that he is busy now, all the energy in almost all business. Leap to the modern corporate governance leap Group for the first time in 10 years to miss the end of September in Shanghai, the 2009 China International Sewing Equipment Expo.  While other peers are busy with the exhibition, Qiu opened a national distributor conference in Taizhou. "From the effect of the dealer meeting it looks better than exhibiting." Cost savings, but also allows customers to see products, and feel our production atmosphere, conducive to sales. "Leap sales director said, although not exhibiting, but after the exhibition, many foreign buyers still came to leap group."  Standing in the halls of the 100-faceted national flag over the group's plant, these admiring buyers have sensed that the country's biggest sewing-machine maker has undergone tremendous changes. At the beginning of 2009, Zhejiang Taizhou New Leap Co., Ltd. was jointly funded by 7 enterprises from Zhejiang. This is seen as a success in the restructuring of the group's core business. It is reported that the new leap registered capital of 316 million yuan, by STAR Group Co., Ltd., Leap Group Co., Ltd., Taizhou Jiaojiang state-owned Assets Management Co., Ltd., China-Czech shares (sz.002021), Zhejiang Hai Zheng Group Co., Ltd., Qianjiang Group Co., Ltd., Zhejiang New Jack Sewing Machine Co., Ltd. jointly launched Its shareholding ratio is 31.65%, 30.38%, 14.24%, 9.49%, 6.33%, 4.75%, 3.16% respectively.  Among them, the Leap Group Co., Ltd. is in kind, patents, etc. to subscribe to the shares, the other is in the form of cash.  The company is operating as usual, by the end of 2008, the group to achieve the export of more than 47 million U.S. dollars, exports to maintain a leading position in the industry. In the new leap, the original family system was completely broken, "the original management has more than 10 people, now only 4 people, and resolutely eliminate the family system." "" After the reorganization, the long-term development of enterprises accumulated a large, decision-making process is unscientific, corporate governance structure is unreasonable, management is not standardized and so on, a one-time solution.  "Qiu looked at his own hand with big business after this labor pains said, leap through the main business restructuring to sell net assets, take back the cash, so that the debt rate from the original 70% to 40% or so, laid a leap forward the healthy development of the foundation. Five major transformation "leap of the main business restructuring is also the process of transformation, this August, Qiu in the province of private enterprises" typical promotion of transformation "Report on this process summed up the five major gains: first, the transformation of thinking understanding.  From the previous sell much, sell quickly turn to sell more, sell long.  The second is the transformation of the system, from the original one, through the reorganization of the main business, self-sustaining shares of the reduction of dilution, in the introduction of foreign capital, but also introduced the concept of other enterprises, to achieve equity open, diversified purposes, strengthen the management capacity of enterprises. For Qiu, the process is a struggle in contradiction.  Qiu has said that his attitude towards reorganization has gone through four stages: from "unwilling" to "reluctantly", from "reluctantly" to "can", to the final "I want to reorganize". The third is management transformation, the new leap in the management system changes.  After the success of the new leap restructuring, the first board of directors election Qiu for the new Leap AG Chairman, hired Bu Weiping for the company general manager. Bu Weiping is the former general manager of Shanghai Industrial Sewing Machine Co., Ltd., in the sewing machine industry for more than more than 10 years, the industry reputation is better. "Bu is a state-owned enterprises, in business management experience more, at the general meeting of the shareholders discussed before deciding to invite him out."  People familiar with the matter said. More noteworthy is that Bu Weiping is a new leap of legal representative. As chairman of the Qiu, but in the new leap in the second largest shareholder status, a new leap in the framework, really let people aftertaste.  The situation has changed by reorganizing the original one. "Our team is more lean and open, management decision change for the collective consultation of the democratic decision-making form, a project on the horse, need many times certification, research, in the end input and output is how much."  "The new management team implemented a comprehensive budget management system, requiring that the monthly expenditure does not exceed the budget, as for the product profitability, break-even point is now more detailed, to achieve lean management." The product transformation, the new leap now and future products, more targeted at the high-end market, this product value-added, high profits. "Abandoned some of the low value-added products in the past and turned over to local companies to produce them." "The industrial transformation is the five."  Leap Group will be the main business after reorganization, the development of strategic direction is also gradually clear, that is, focus on the development of High-tech and renewable resources industries. Will further restructure the new leap since its establishment has run smoothly.  But the leap group that has just emerged from its own crisis still needs to face the challenges of the global financial crisis. Facing the global textile and apparel market shrinking, sewing machine industry landslide severe test, the new leap still need to race with time, structural adjustment, industrial upgrading is its inevitable choice。 Next, the new leap will be through cooperation with Taizhou sewing machine enterprises to achieve industry integration.  This has been reflected in the reorganization. "The new Leap group of the various shareholders, including the Czech Republic, Jack's competition is smaller than ever, to avoid the homogenization of products, to achieve a differentiated competition." In the resources we realize sharing, each has the advantage of products, we buy each other. When we encounter difficulties in production and operation, we help each other and share resources.  "Leap Sales department said, now foreign orders, companies no longer like the previous robbery, but we sit down to talk." 2 of the new leap-forward shareholders are sewing-machine companies: China-Czech shares and New Jack. "There is a consistent foundation of interest.  "The head of the shares in the Czech Republic said that the new leap in equity participation can enable 3 companies to complement each other, avoid duplication of investment and price competition, so that the value of the new leap fully excavated." As one of the new leaps of shareholder, New Jack vice Chairman Ranford also revealed, "We have been with the leap of communication is also a lot, a two months to the past chat once, the main management will be some exchanges, management innovation is the most important aspect of enterprise development, the new leap in the last two months of rapid development." "This is a sample of the dilemma through reorganization, is a positive exploration of this model, if the new leap to develop, we must continue to restructure, the new leap of ownership structure will further change, will create a modern management system of a new leap."  "Taizhou City Commission director Zhang Ruimin said, in fact, the restructuring of the leap has not been completed, is now on the leap and the first big enterprise restructuring, the next stage is to carry out the industry restructuring." "The second phase of restructuring with a listed company in the industry may not be very significant in the current year, and it depends on the timing and form of the whole industry, including the overall recovery of the sector." Rui Min revealed.
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