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Chapter 456: Please enter the urn

Xie Tang stayed alone in Xucheng, and might not be able to buy a plane ticket to return to Beijing tomorrow. How can the birthday party set up for her not be dull? Seeing her sister-in-law Xie Jiahui eating a few bites of food in a depressed manner, she stopped moving her chopsticks. Xie Zhi regretted not kicking the ball on the plane.

After the meal, Xie Zhi hesitated for a long time, but pushed the door and walked into the study, and told her what Chen Huai said to her on the plane, her father and uncle Song Bingsheng knew.

"What's the matter going to do with this guy?" Song Bingsheng knocked the table hard with his fingers, not hiding his dissatisfaction with Chen Huai. Even if he didn't understand Chen Huai's intention to say this to Xie Zhi on the plane, he subconsciously believed that Chen Huai had ulterior motives and would not have any good intentions.

Xie Haicheng sat on the sofa with his chest in his arms, saying nothing, but his doubts were equally huge:

Meixi Town introduced nearly US$200 million in foreign investment in 1995, and new investment accounts for 70% of the Donghua area. As more resources in the province and city tilt towards Meixi New District, Meixi's status in Donghua will become increasingly irreplaceable.

After Chen Huai was transferred from Meixi, one of the tasks that the Tan faction currently did in Meixi was to de-mei temper and weaken Chen Huai's influence in Meixi.

Since Chen Huai maintains absolute control over key projects such as Meigang, Meixi Power Plant, Meixi Port Terminal through investment and financing platforms such as Zhongxin Investment, Zhujiang Investment, Hongxin Investment, and Huaineng Group, it is difficult for Tan Qiping to completely limit Chen Huai's influence on Meixi even if he has the authority of the top leader in the local area. He can only dilute Chen Huai's influence on Meixi by promoting the establishment of Meixi New District, introducing foreign capital, and expanding the scale of Meixi's industry.

In the Meixi industrial chain group, Meixi Port Terminal is crucial to control the upstream energy supply and the entry of materials. It can be said that once Chen Huai gives up control over Meixi Power Plant and Meixi Port Terminal, his control over Meixi Port Terminal will be quickly weakened.

This is definitely a situation that Tan officials are willing to see.

Xie Haicheng also did not deny that he had long been obsessed with Meixi Power Plant and Meixi Port Terminal, and believed that Changqing Group, Provincial Steel Group and Fuji Iron all had the same idea, but he did not think that it would be so easy to intervene.

Meixi Power Plant and Meixi Port Terminal control the upstream of the industrial chain group is one aspect.

On the other hand, as a high-energy-consuming industry, electric furnace steel has established a direct power supply model between several major steel mills in Meixi and Meixi Power Plants, with little investment in power transmission and backup facilities, and no local power grid can share the profits from it.

This means that Meixi Power Plant sells electricity directly to enterprises, and the electricity price is usually higher than the conventional thermal power grid price; at the same time, Meixi Power Plant has a special coal transmission terminal in Linjiang, which transports millions of tons or even more coal resources from the upstream of Zhujiang at a low cost every year, which means that the benefits of Meixi Power Plant will be much greater than that of ordinary thermal power plants.

Because Meixi Power Plant directly supplies power at a close distance, enterprises purchase electricity from power plants much lower than conventional industrial electricity prices and have less investment in power transmission and distribution, which is conducive to the entry and development of enterprises with a high proportion of energy costs.

Haifeng and Changqing Group took over 35% of the joint venture steel mill, which is considered to be officially involved in the mainland's steel industry, but will not stop there.

Especially with such a large gap in domestic steel demand, Xie Haicheng and Sun Qishan have begun planning to jointly invest in the construction of a large-scale electric furnace steel production base in Meixi.

The premise of their plan is to solve the problems of energy supply and port transportation first. After all, we must directly intervene in the construction of Meixi Power Plant and Meixi Port Wharf through various means to avoid the end of causing Chen Huai to get rid of the thugs.

This is also the original intention of the two joint ventures to take over the Xiamei Highway renovation project and invest in the construction of office buildings at the west end of Zhuxi Avenue.

Whether it is direct investment returns or future industrial development, directly intervening in the construction of Meixi Power Plant and Meixi Port Terminal are things that Xie Haicheng and some people are extremely eager for.

However, the only doubt is also the biggest doubt. When did the rebellious Chen Huai surrender without fighting?

Xie Haicheng felt at this moment, just like he was participating in a tug-of-war competition, and was trying his best to pull the rope over with his life. At this time, the opponent suddenly let go...

"Do you call me and ask my sister-in-law?" Song Hongqi said.

Xie Haicheng's eyes lit up: That's right. Instead of speculating on Chen Huai's intentions here, it's better to call Song Wenhui to ask what happened.

Although Song Wenhui has helped Chen Huai in many things, and even reached the level of doting, she still takes the overall situation into consideration. At least she will not use any means to achieve her goals like Chen Huai, or even harm the overall power of the Song Dynasty.

The status of Huaineng Group, which Song Wenhui serves as general manager, is crucial to the construction of Meixi Power Plant and Meixi Port Wharf. Shenhuai must be open-minded in the construction of Meixi Power Plant and Meixi Port Wharf. The decision must be discussed with Song Wenhui and must be supported by Song Wenhui.

Xie Haicheng looked at Song Bingsheng, and the phone number could only be called by Song Bingsheng.

Song Bingsheng sat back to his desk, picked up the phone, and called Song Wenhui, a younger sister who was spending the Spring Festival in Jiangning.

After paying New Year's greetings, Song Bingsheng went straight to the topic and asked whether Huaineng Group was also open to the investment in Meixi Power Plant and Meixi Port Terminal.

Xie Haicheng, Xie Zhi, and Song Hongqi looked at Song Bingsheng's phone call.

Song Bingsheng put the microphone and said, "Wenhui said that Huaineng's financing was not smooth. To develop Yushan hydropower resources, it would be difficult to take into account the construction of the second phase of Meixi Power Plant. Once the construction of the second phase of Meixi Power Plant is delayed, Donghua City will put pressure on Huaineng. Therefore, they consider accepting external capital injections in the next project construction, and even directly transferring 50% of Meixi Power Plant's shares. Of course, the other party must also agree to accept the premium they proposed..."

What I got from Song Wenhui is a positive answer, but it still cannot completely relieve Xie Haicheng's doubts.

Meixi Power Plant is the first phase of the project that was officially put into commercial operation in October. It is currently jointly held by Huaineng and Meigang. Its operating model is very clear. The main power generation will be directly supplied to Meigang, the joint venture steel plant and heavy enterprises such as Huainian Heavy Industry, which will be under construction. It is expected to be completed in mid-1996. The excess power will be supplied to the local power grid in Meixi New District. The income is much higher than that of ordinary thermal power plants, and the investment costs can be recovered in at most three years.

Meigang and Huaineng are even willing to transfer half of the equity of Meixi Power Plant, which really makes it difficult for others to doubt their open attitude towards the subsequent construction projects of Meixi Power Plant and Meixi Port Terminal.

But this is exactly what makes people wonder who will spit out the fat meat in your mouth for others to eat.

Xie Zhi asked: "Did you say how high the premium they proposed is?"

"50% of the equity is worth 200 million yuan. However, due to policy restrictions, Huaineng requires the other party to have state-owned shares." Song Bingsheng said.

The Meixi Power Plant has been built for one and a half years, and it has been successfully commercially operated for three months, with a total investment of about 170 million yuan. Now half of the equity is transferred at 200 million yuan, which means that Huaineng and Meigang will take back all the previous investment at one time.

However, this offer cannot be considered expensive; if Huaineng and Meigang are willing to transfer this part of their equity to Fuji Ironmaking, Xie Zhi believes that Fuji Ironmaking will not hesitate.

Meigang and Huaineng proposed that the takeover party needs to have state-owned shares. Is it because they hope that Shenggang will also participate?

"This is also possible for Megang Pier?" Xie Haicheng asked.

"I didn't ask about this in detail, it should be like this," Song Bingsheng said, "Why do I call Wenhui and ask again."

"Don't bother Wenhui anymore." Xie Haicheng didn't want to seem too anxious.

Xie Zhi looked at her father. If Chen Huai was willing to directly transfer half of the equity of Meixi Power Plant and Meixi Port Terminal, there was no need to worry that he would set traps for them in the subsequent construction of the project. Even if the premium was doubled, it would not be unacceptable.

The only doubt, and the biggest doubt, Chen Huai suddenly became so easy to talk to. Is he really tame? Do you really want to withdraw funds and run Yushan?

******************************

"You said that if you throw this bait, will they swallow it?"

Song Hongjun was on two stilts, holding a cigar in his hand, and was following Chen Huai and Chen Bing in the room of Donghua Hotel, guessing that Xie Haicheng's attitude after he knew that the Meixi Power Plant and the construction of Meixi Port Wharf would be opened to the public.

"How can it be said to be bait?" Chen Huai didn't want the room where he slept at night to get smoky. He stood up and opened a crack in the window to let the cold air flow in, and said, "I just locked them up what they were trying to save them from experiencing trouble. They might have doubts at first, but what's the reason to refuse?"

"The annual net profit of Meixi Power Plant will not be less than 50 million. The 50% equity is priced at 200 million yuan, which cannot be considered high. Even if the electricity price is lowered, downstream power companies will benefit. As long as Shenggang, Haifeng and Changqing Group are willing to expand their physical investment in Meixi, I can't imagine what reason they have to refuse," Chen Bing said, "unless they did not take over the equity of the joint venture steel plant from the beginning."

"They shouldn't have taken over the equity of the joint venture steel mill, and they shouldn't have wade into the muddy waters of Meixi," Song Hongjun said with a smile, "Look at me now, it's impossible to get out of here."

"You want to get out, okay," Chen Huai said, "You have invested about 30 million yuan in Meigang, and it is still Hong Kong dollars. I discussed with Sun Yalin that it is not difficult for her to take over; I believe it is not difficult to find another buyer..."

"I'll just say it. You have to poke me out." Song Hongjun took a cigar and smashed it towards Chen Huai.

Chen Huai took the cigar and was unaccustomed to using his nails to directly put off his head and lighted the match. He said, "The Changqing Group's business in the Asia-Pacific region is good at capital operations and short of construction and operation. It is their best investment choice for cooperation with relatively powerful domestic companies and taking over new projects. Even if Sun Qishan is in doubt, we can put pressure on him directly through the Changqing Group headquarters. No matter what, this is a cost-effective transaction for them, and I have not set any traps for them. If they are doubtful, they can't tell others that they are afraid of me, right?"

"Yes, they can get in if they don't get into this jar," Song Hongjun laughed and said, "They really want to retreat this time. We can laugh at them for the rest of their lives."
Chapter completed!
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