In May 2004, Hebei Weiyuan Group was acquired by the private company Xinao Group as a whole, from state-owned holding to private holding company. At the beginning, employees' moods fluctuate. Faced with this situation, the 'new boss' Xinao Group did not 'change people' without changing their minds' like other private companies, but instead adopted a series of measures to gather the hearts and minds of the original employees. The company first issued timely labor protection products for its employees, purchased the shuttles according to the actual difficulties of the employees at work, and took personal accidental injury insurance for employees. In the event that the company's efficiency began to improve, it also launched a free lunch in a timely manner. In addition, the restructured company also launched the “Top Ten Best 100†selection campaign. As long as it is rated, it can be rewarded and promoted. These measures have stabilized the staff's emotions, their heart is smooth, their vitality has been inspired, and their companies have also developed. In the second month after the reform, the marketing revenue reached more than 70 million yuan, which was double that of previous years.
Many private enterprises are eager to introduce their own 'advanced' management models after acquiring state-owned enterprises. Regardless of whether the reforms were carried out in 271, large-scale layoffs became the main measure. Perhaps in the short term, the mechanism has changed, the system has also changed, and people's minds have also been scattered. Some of the original employees in the enterprise who are capable of having technology have also left, and the development of the enterprise is bound to be in difficulty. The practice of the New Austrian Group at Weiyuan Group proves that it is important to reform the management model after the restructuring of the enterprise. However, one thing must not forget that the system is implemented by people and the company is operated by people. Therefore, cohesion of people is the key to business development. If we ignore the cohesion of people's minds, especially in the special transitional period of the people's heart, most of the reform measures are ineffective.
In recent years, there have been numerous cases of state-owned enterprises being acquired by private enterprises. It is not uncommon for companies to be excluded after the acquisition of old factories, crowded people, obstructed business development, and so on. After the acquisition of Hebei Weiyuan Biochemical Group, there was a situation in which the income of workers increased, the enthusiasm of workers increased, and the efficiency of the company went up. This is due to a dose of 'Heart of the Heart' medicine acquired by the acquisition party Xinao Group.