Staff training was launched at the first time, directly copying the training materials of the municipal steel plant.

  Although the labor discipline of the municipal steel plant is now very slack, as a large state-owned enterprise that the city focuses on supporting, the superficial work has to be much more beautiful than the township enterprises below.

  Xu Xiting, Zhao Dong, Xu Wenda and Pan Cheng, engineers who jumped out of the municipal steel plant, are very familiar with the training materials of the municipal steel plant. They usually undertake technical training for ordinary workers in the municipal steel plant, and it is also easy to come to Mei Xi Steel Plant without any transition period.

  Zhao Dong, Xu Wenda and Pan Cheng also quickly became familiar with frontline workers through training.

  Labor discipline and factory-wide fire safety education, as the most basic training, was originally scheduled for only three days.

  However, the frontline workers all went through assessments, which took a full ten days. A few people who really couldn't pass were directly kicked to the town government's comprehensive administration office to become sanitation workers by Shen Hua.

  Although the level of workers is uneven, Meixi Steel Plant must take on the responsibility of solving employment in surrounding rural areas, and some problems must be digested by itself.

  Through night training, the requirements are strict to the point of severity, which is what steel factory workers have not experienced before. However, by participating in the training, they can make up for the wages owed in the first three months. After passing the assessment, they can also receive double overtime pay and a two-level salary increase after taking office. Even if it feels very hard, workers don't have much to complain about.

  Steel plant workers, when have you ever seen double pay for overtime work? In '93, domestically there wasn't even one formal labor law.

  If there's one thing to complain about, it's people like Hu Zhigang.

  Hu Zhigang was recommended to take on the role of special assistant, and his salary was immediately raised by two levels. However, as a reserve member of the management team, according to Shen Hua's words, overtime work was their contribution that they should make to the steel plant.

  As a result, the 26-person management team almost every day has to work overtime until eleven or twelve o'clock and also take turns being on duty at the steel plant overnight, yet they don't even get one cent of overtime pay.

  The entire management team, apart from participating in production rectification in all aspects, is also responsible for the task of training ordinary workers. Their own abilities are also lacking in many ways, and they need to learn while doing, which is very hard work. However, under Shen Hua's iron-fisted approach to managing the factory, if you don't want to be kicked out, everyone can only grit their teeth and persevere.

  The steel plant is currently severely underutilized, and the potential of its production capacity cannot be quickly tapped. However, Shen Hua continues to bring people over from the municipal steel plant through Xu Xiting, Zhao Dong, Xu Wenda, Pan Cheng, and sometimes even through Xiong Wenbin.

  For engineers and technicians coming from the municipal steel plant, Shen Hua uniformly issued a basic salary that was twice their income at the municipal steel plant. There was no other way; the technical strength of Mei Xi Steel Plant was too weak, and it would take a long time to cultivate enough qualified engineers and technicians on its own.

  The annual output of the municipal steel plant is 20-30 times that of Meixi Steel Plant, and the number of employees is nearly 10 times that of Meixi Steel Plant. There are hundreds of intermediate and above technical workers and engineer teams. This is the foundation accumulated by the municipal steel plant over decades.

  Shen Hua is digging at the foot of the city steel plant wall now, who else would he dig?

  Mei Creek Steel Plant is in a very bad situation in the Donghua steel industry, but it's precisely because of the rolling car incident that many technical personnel and engineers who can't get reused at the municipal steel plant are willing to lower their status to enter Mei Creek Steel Plant.

  In nearly half a month's time, the technical strength of Meixi Steel Plant's three production lines and departments such as public works and machinery repair warehouses has been greatly enhanced.

  The preliminary production arrangement was handed over to Xu Xiting, Zhao Dong and others, with nothing to worry about. Shen Hua participated in it, but his main effort in the early stage was to clear up the current financial situation of the steel plant.

  In the early 1990s, triangular debt was a stubborn problem faced by enterprises.

  The steel sales of Meixi Steel Plant were previously monopolized by Wanhao Company, with prices maliciously lowered. However, this also brought a benefit, which is that the accounts receivable owed by Meixi Steel Plant are mainly concentrated in Wanhao Company.

  Also, due to the main supplier of furnace materials upstream of Meixi Iron and Steel Co., Ltd. being Pengyue Trading, which is closely related to Wu Haifeng, Secretary of the Municipal Party Committee, and Zhou's family - Pengyue Trading wants to get the goods payment from the steel plant in time, it will exert pressure and urge Wanhao Company to pay the advance payment to the steel plant.

  Actually when Shen Hua took over Mei Xi Steel Factory, Wan Hu Corporation had owed the factory less than 20 million.

  Wanhu Company would not willingly pay back all the debts, so Shen Hua assigned a deputy factory director to go to Wanhu Company every day to report and block the doors of the financial office and manager's office to demand payment.

  Wanhu Company delayed and delayed, but also didn't dare to make any trouble before Tan Qiping took office, each time symbolically returning tens of millions or hundreds of thousands of yuan in debt to get rid of it, so as not to offend each other, which also supported the current production capital needs of the steel plant.

  When cleaning up the steel plant's finances, Shen Hua also saw that the financial work of the steel plant under the leadership of Guo Quan and Qian Wen-hui was indeed the only bright spot in the steel plant that could make him feel at ease.

  No matter how the affiliated companies sucked the steel plant's blood and flesh through various means, the accounts within the steel plant were very clear, so Shen Hua was able to grasp the financial situation of the steel plant at the fastest speed.

  After the expansion and renovation of the steel plant in the late 1980s, its output value has been fluctuating around 100 million yuan. If the financial level is compared with that of an ordinary township enterprise, the accounts accumulated over several years by the steel plant cannot be cleared within two or three months, making it impossible to clarify the financial and asset situation of the steel plant.

  Looking at the financial statements, after 1988, the steel plant did not calculate equipment depreciation, and the annual loss was still around 2 million yuan, which made Shen Hua's heart ache.

  Even with the maintenance of the steel plant's previous facilities, even the best production line can only be used for ten years at most. Including depreciation, the annual loss will exceed 10 million.

  The foundation accumulated by the steel plant over the past thirty years has been almost completely lost in the last three or four years.

  Shen Hua finally got the financial report that barely passed inspection, with a total asset value of 120 million, net assets of 40 million, and bank loans overdue by 80 million. This was after adding in the value of the 600 mu of industrial land allocated by the town government without compensation, as well as some auxiliary buildings, using a 20-year depreciation period to calculate the equipment asset value.

  It only took half a month to clarify the assets of the steel plant, and Guo Quan and Qian Wen Hui's financial work should be considered very outstanding. However, this financial report placed on the conference table made Shen Huai feel uneasy.

  The principal of the loan owed to the bank does not need to be repaid for the time being, but the monthly interest will be 400,000. This is still a result of the county and city doing a lot of work before, and the bank agreed to greatly reduce the interest.

  The day before Tan Qiping officially took office at Donghua, in the conference room of Meixi Steel Plant's factory, Shen Hua looked at the freshly baked financial report, furrowed his brow, and thought about deeper issues.

  Xu Xiting, Zhao Dong, Hu Zhigang, Xu Wenda, Guo Quan, Qian Wennui and others sitting in the conference room could see the worry in Shen Hua's eyes.

  Of course, they didn't feel that there was anything to worry about, and instead felt that Shen Hua's demands on himself and the steel plant were too harsh.

  Half a month has passed and employee training has just begun. It is impossible for production capacity to increase immediately.

  Yang Penghai's Penghai Trading Company also formally signed a distribution contract, becoming one of the steel mill's distributors, but the amount of goods taken at one time was only around 200,000 yuan, and everything seemed to have just started.

  However, the effective improvement of the entire production situation is something that all management personnel participating in the production rectification can actually feel.

  It's not just that the workers have become disciplined, under the iron-fisted policy, everyone wears work uniforms, labor insurance shoes, and safety helmets on a large scale, eliminating serious violations such as absenteeism, smoking, gambling during work hours, and stealing and selling steel plant materials.

  Other production and sales data, with a longer statistical cycle, half a month's time, still can't see much obvious improvement, but the yield of each steel ingot is what Shen Hua requires to be calculated and reported every day.

  This is also the most direct reflection of the production line's rectification results and whether the quality of production management has been improved.

  Before and after Shen Hua adjusted production, the steel blank yield rate rose from less than 80% to a stable 84-85% in just half a month by strengthening labor discipline and supplementing technical personnel recruited from the municipal steel plant at key technical posts.

  This means that even if other conditions do not improve, the steel mill's annual steel sales can still increase by 50-60 million yuan without any additional investment, which is also a net increase in profit.

  As long as this rectification can continue, so that the steel billet yield reaches the current 89% level of other steel mills in the city, Meixi Steel Plant will be able to successfully get rid of the loss.

  The key is that the city steel plant's 89% steel billet yield target is not difficult to achieve, and it can also be said that it is one of the necessary targets to be achieved in the early stage of production rectification.

  When Shen Hua took over the Meixi Steel Plant, including Xu Xiting, almost all the management of the steel plant did not think that Shen Hua had the ability to save the steel plant, let alone believe that he could lead the steel plant to take off.

  After all, Shen Hua was too young, relying on his background, with an exceptionally tough attitude, which made everyone mistakenly think he was a stubborn and arrogant guy.

  No matter how high their IQ is or how strong their background is, without actual industrial management experience, they may lead the steel factory into an even deeper abyss.

  However, in just half a month, Shen Hua showed an extremely high level of management under his tough stance on iron-fisted factory management, as well as his mastery of production organization. Not to mention the original management team's half-heartedness, even Xu Xiting, Zhao Dong, and Xu Wenda, who had a deep understanding of the steel industry, were also amazed.

  Of course, there is no more exciting hope than turning a loss into a profit. At least at this moment, everyone in the conference room acknowledges that Shen Hua has the ability to save the steel plant and lead it to take off.

  "The steel plant has made great improvements in just half a month, which is plain to see. Even in front of Director Xiong, I must say that Director Shen's level of management is not inferior to Director Xiong's when he was managing the municipal steel plant. Within three months, we are confident that we can reach the goal of matching the municipal steel plant's slab yield rate. This should be very encouraging, shouldn't it, Director Shen? Shouldn't you also ease up on us a bit?" Xu Xiting said with a smile.

  The heart that was distracted by Shen Huai's joke was brought back to Xu Xiting, and he couldn't help but laugh. The situation at the steel plant could be greatly improved. It wasn't that his abilities were exceptional, but rather that the foundation of the steel plant was too rotten, so with just a bit of tidying up, obvious effects could be seen.

  As for targeting the municipal steel factory, Shen Huai just smiled in his heart.

  In terms of management level, Shanghai Steel Plant is not even among the third-tier steel enterprises in China. If we only take the current management level of Shanghai Steel Plant as our goal, it's too underestimating ourselves.

  However, Meixi Steel Plant's foundation is too poor and the pressure is too great, which can easily lead to other unexpected situations.

  Shen Huai smiled and said: "The shift of personnel management remains the same, other staff will have a normal rest tomorrow, I also have something to do tomorrow..."

  Zhao Dong knew that Tan Qiping would arrive at Donghua tomorrow to take up his post, which was an occasion that Shen Hua could not miss. They also got a day off only once every half month.