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- Chapter 1552 Crisis Elimination
It is a genius idea to let commercial banks go public.
When Xu Yishan shared his thoughts with the Standing Committee, all the Standing Committee members present were stunned. Most of the Standing Committee members felt incredible about Xu Yishan's proposal, thinking it was a whimsical dream.
Hengyue City Commercial Bank is originally a local bank, and its shareholder is the State-owned Assets Supervision and Administration Commission of Hengyue City. Local banks have a special role that is not well known. To put it bluntly, it is a local financing platform.
The government itself does not make money, and it does not have the function of producing surplus value. To raise funds, the government created two platforms. One is Urban Construction Investment, and the other is a commercial bank.
Hengyue City Commercial Bank itself is not doing very well, and with the addition of Lei whose deposits are unknown, it is almost a dream to want it to go public at this time.
Xu Yishan turned a blind eye to the doubts of the members of the Standing Committee. He quietly listened to everyone's discussion, with an unpredictable smile on his face.
Ying Zhaohui was the most excited. He stated on the spot that if the commercial bank can be listed, he, the mayor, will take the initiative to give up the talents.
According to Ying Zhaohui, Hengyue City's vain attempt to list commercial banks is simply a joke and a waste of energy. It's better to concentrate our efforts to settle the depositor run in front of us.
Nie Bo smiled and asked him, "Mayor Ying, what do you want to do to settle it? Cash in, no money. Arrest people? Do you think the incident is not big enough?"
Because Ying Zhaohui fled when the crowd attacked the city government, his great and glorious image collapsed overnight. Everyone understands the fact that Ying Zhaohui is a person who is strong on the outside but capable on the inside.
What Nie Bo said caused a burst of laughter. In less than two months, Ying Zhaohui had already lost his inviolable prestige in front of the Standing Committee members.
Actually, Nie Bo didn't know exactly what kind of medicine was sold in Xu Yishan's gourd. When Xu Yishan suddenly proposed to list the commercial bank, he thought Xu Yishan's head was hot and he was talking nonsense.
The discussion lasted half the morning, and the conclusions were still at a stalemate.
Although Nie Bo didn't know Xu Yishan's true intentions, he was sure that Xu Yishan would never make such a decision out of a fever. He has worked with Xu Yishan since the provincial party committee office, and he knows Xu Yishan's style of handling affairs well, which is unassuming but safe.
A new pattern has emerged in the current Municipal Standing Committee, forming an age-level opposition. Those who are older naturally belong to the older camp. Those who are younger in one faction will automatically form the other faction.
An ancestor once summed up this phenomenon: there are no factions in the party, and there are all kinds of strange things.
The meaning of this sentence actually penetrates a reality. Even though the Hengyue City Committee Standing Committee is a monolithic external group, there are different factions internally due to biased political views.
Any organization needs different voices. If it was all one voice, it would be very dangerous.
After all, there is no one person in this world who can unify the thoughts of all people. If anyone can do it, he must be the embodiment of evil.
As usual, the young people all thought that Secretary Xu's opinion could be tried. The older faction thinks that there is no need to aim too high.
Although Hengyue City ranks second in Central Province, it is the largest local government after the provincial capital. However, economic development over the years has been far from satisfactory. Especially in the area of ??listed companies, Hengyue City has lagged far behind other cities. At least, Yuezhou City, which is currently on the same "two wings" as Hengyue City, has three listed companies.
In the rich Chiayi era, Hengyue City made great efforts in listing companies. It took almost the whole city's efforts to promote a listed company oriented towards precious metals.
However, the company is currently facing the risk of delisting due to poor management.
If the only company is delisted, Hengyue City will all fall in terms of listed companies.
A listed company is a place's business card and a face. If a prefecture-level city does not even have a listed company, it is easy to be looked down upon.
When the meeting was adjourned in the morning, Xu Yishan revealed his original intention of listing the commercial bank.
"Comrades, whether a commercial bank can be listed or not, we say it may not count. It needs a professional
Industry organization assessment and audit. Listing a company is a long process. During the preparation for listing, there are many things we can choose. For example, freezing funds and streamlining operations. For another example, depositors have the right to choose whether they want to become original shareholders. "
As soon as these words came out, the atmosphere suddenly became active.
The reason why it is said that Xu Yishan suddenly proposed to list the commercial bank is a coup.The most direct and most effective result is to calm down the run on depositors without saying a word.
Commercial banks are preparing for listing, and all businesses are temporarily frozen and not handled. This is an excellent reason!
At the same time, this news will also give confidence to the majority of depositors. The bank is about to go public, do you still care about your deposit?
Secondly, Xu Yishan has hinted that preparing for listing is a long process. This gives a very ample time to recover the funds lost abroad.
Third, listing commercial banks is indeed Xu Yishan's idea.
Moreover, he is sure that he can promote the listing.
The afternoon meeting is not as complicated as the morning meeting. After understanding Xu Yishan's thoughts, the members of the Standing Committee unanimously voted for it.
That night, a notice was issued.
Hengyue City's notice on the listing of Hengyue Commercial Bank appeared in the streets and alleys of the city overnight.
As soon as the announcement came out, the whole city boiled. All kinds of gossip are flying all over the sky again. But the queues at commercial bank branches to withdraw money have disappeared.
The run crisis was resolved quietly.
Xu Yishan's actions not only made the Standing Committee members admire, but even Ying Zhaohui, who is invincible, also admired him so much.
He rushed to Xu Yishan's office excitedly, and shouted as soon as he entered the door: "Secretary Xu, I'm here to thank you."
On the one hand, Ying Zhaohui was full of praise for the calming down of the situation, on the other hand he asked worriedly: "Secretary Xu, I think this is just a temporary solution, and it won't last long."
Xu Yishan smiled slightly: "Does Mayor Ying think that we are delaying time by issuing the notice?"
Ying Zhaohui said embarrassingly: "Actually, you and I both understand that it is impossible for a commercial bank to go public."
"Why is it impossible?"
"In such a mess, the holes are terrifyingly large, and the financial statements will not pass the review. Those who know the inside story will say that we want to cut leeks."
"The hole is big, just plug it." Xu Yishan said slowly: "Mayor Ying, you came at the right time. I was just about to discuss with you. You have to be in charge of the preparations for the listing."
"Me?" Ying Zhaohui waved his hands repeatedly and said, "Secretary Xu, it's not that I don't want to. To be honest, I really don't have the ability."
Ying Zhaohui took the initiative to admit defeat, this was his first time in Hengyue City.
"Mayor Ying, you are the top leader of the government. If you don't personally take charge of such an important matter, who can be worthy of this position?" Xu Yishan said with a smile again: "The city's economic census is almost over. ?¡±
Ying Zhaohui blushed, and said embarrassingly: "Secretary Xu, not yet. I think the economic census is a very important job. It must not be superficial, but must go deep into it. So"
Xu Yishan said with a sigh: "Mayor Ying, you are right. The economic census is beneficial to the direction and strength of our governance. Only when we have real control of these data can we prescribe the right medicine. Since you are too busy, Mayor Ying, I think Please recommend a comrade to preside over the preparatory work."
Ying Zhaohui thought for a while and said, "Let Comrade Xinwen come."
Xu Yishan nodded and said: "Okay. Mayor Ying and Comrade Xinwen should discuss this matter. The announcement has been sent out, but the person in charge of the preparatory team has not yet been determined. We need to let the masses know about it, and they will scold us for playing tricks. Home."
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