Steel Tycoon Reborn

Chapter 985: aftertaste

It was already midnight when I turned from the alley of the family compound of the Provincial Party Committee. Cao Zhengjiang came out of Xu Pei's house by car. He wanted to delay Li Gu, Shen Huai and others for a while. The car drove up Yanjing Road Street, and they could no longer see Shen Huai and Li Gu.

After Cao Zhengjiang called Zhao Moshi, he asked the driver to stop at the intersection and let him down, and asked the driver to take Zheng Yongjin back first; after a while, a black Mercedes-Benz came from Ninghai Road in the west and stopped at the intersection. Cao Zhengjiang saw Zhao Moshi. Sitting in the car, he opened the door and got in the car.

"..." Cao Zhengjiang told Zhao Moshi the details of tonight's conversation. Zhao Moshi frowned and watched the streetlights outside the car window. In the end, it was resources. If Pucheng Group could come up with one billion yuan, it would not There is no room for resistance.

Although Shen Huai issued one billion convertible bonds through Dongjiang Refinery, if no other institutions participated in the subscription, the Meigang Department would naturally take over the one billion convertible bonds. Being able to ignore the opinions of Jiang Yibin and others and make a big deal to decide the fate of the Yuanye Automobile Industry Group is the biggest reliance.

Pucheng Group can't come up with one billion yuan, and even only intends to invest 200 million yuan in the car project to test the waters of the market. This absolute disparity in strength really makes Pu's success or failure not wronged.

Xu Pei and Li Gu both have the word "Dai" before their positions. If they want to erase the word "Dai" safely at the provincial and municipal people's congresses in early April, they also need a plan that can inspire people. Come out to boost morale.

"This is almost the end of the matter. Governor Xu still hopes that Pucheng Group can participate." Cao Zhengjiang said.

Zhao Moshi also felt a little bitter in his heart. Shen Huai issued one billion convertible bonds through Dongjiang Jinghua. Although Pucheng Group can also participate in the subscription, it has become a tasteless at this time.

As a type of corporate bond, convertible bonds have the right to be converted into equity at an agreed price. Occasionally, the issuance interest rate is lower than ordinary corporate bonds and bank interest rates.

Pucheng Group's funds are also quite tight. Even if the 200 million that is planned to be used for the car project is used to subscribe for convertible bonds, it will be difficult to have any influence on the newly established car company.

If the conversion option is not exercised, the principal and interest will be recovered at maturity. Compared with the bank lending rate, Pucheng Group will lose a lot of money in vain.

And even if in the future, the convertible bonds purchased will be converted into shares of Dongjiang Refinery, the shareholding ratio will not be comparable to that of Meigang Group - not to mention that Dongjiang Refinery is not directly To hold a controlling stake in the newly established car company, it will participate in the development and construction of the new car company together with Liu Jizhou's family, the Provincial State-owned Assets Office and Panyuan Township Zhengfu.

Pucheng Group invested 200 million yuan. After these two steps are shared, the remaining influence can be said to be better than nothing, and it can only be regarded as an ordinary financial investment.

Although this financial investment has considerable prospects, Pucheng Group has no shortage of new businesses that can be directly controlled and have promising prospects. When the funds are so tight, why bother giving so much money to others to spend?

It's just that it won't work if you don't take out a penny. If Pucheng Group doesn't pay a penny, what will Xu Pei think? In Xu Pei's eyes, isn't the previous action just wanting to take advantage of his influence?

"Pucheng Group is also obliged to support the development of the auto industry in the province. No matter how tight the funds are, 100 million yuan can still be used." Even if he wants to become the family of his sons and daughters, Zhao Moshi still has to speak as loudly as possible in front of Cao Zhengjiang. Knowing that less than 100 million yuan can’t be done in front of Xu Pei, and also clear that Xu Pei wants Pu Cheng to participate, he still has to try his best to limit the influence of the Meigang Department from expanding too fast. For this reason, he could not completely cut off the contact with the newly established joint venture car company, and said, "I also know some investors who are interested in investing in the domestic car market, and I can do their work - Xu The governor should be welcome, right?"

Cao Zhengjiang nodded, some words did not need to be said, he could figure out what Xu Pei was thinking. One billion convertible bonds, Pucheng subscribes for 100 million, and Pucheng pulls a few more. However, if he finds a few companies from Zhunan and other places to participate in the subscription, he can still limit the tentacles of the Meisteel department from stretching too long. .

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Saying goodbye to Li Gu at the intersection, Shen Huai asked Xu Jian to go back to rest first. He sat in Song Hongjun's car, who waited for the news until midnight; Sun Qiyi, who had just arrived in Xucheng these days, was also in Song Hongjun's car at this time.

"Why don't you directly engage in private placement?" Sun Qiyi was also in the car just listening to Song Hongjun's introduction to Dongshi and Yuanye's asset reorganization. He still had some doubts about Shen Huai's plan, "Issue convertible bonds. Is there one more trouble? Or you don't have full confidence in the success of Dongshi's reorganization of the wilderness car factory."

"What do you want to do with full confidence?" Shen Huai laughed, "If you can do everything with 100% confidence, then pigs can make choices. In fact, everything can have 60% or 70% hope, and it's worth it. Do your best for it, don't you think?"

"..." Sun Qiyi still couldn't fully understand.

Although the investment in the Mainland on behalf of the Evergreen Group in the past few years was unsatisfactory, Sun Qiyi, as the main person in charge of the Asia-Pacific region of the Evergreen Group, has been rooted in Hong Kong for nearly 20 years, and his influence in the Hong Kong Chinese business community is not as good as that of Song Hongjun now. catch up.

For Meishan Steel and Huaihai to develop further, lack of funds is still the first problem to be overcome. Dongjiang Power Station has started the construction of Qingfeng Kengkou Power Plant and the second-level large-scale cascade hydropower station in the upper reaches of Jiangzhu, and started the construction of two Pengyue New Towns in Zhunan and Xiapu. Only these four projects will need to invest tens of billions of funds within this year and next two years.

In addition, it is also necessary to participate in projects such as the reconstruction of the double-track Xudong Railway. The Meigang Group has been described as a gold-absorbing machine by the outside world, but the funds are still being used tightly.

And the development of Yexin Bank is impossible to stop and wait for Meishan Iron and Steel to have sufficient funds before expanding. This year, it plans to issue another 10 billion convertible bonds to increase the capital reserve ratio.

If the Meigang Department subscribes on a pro rata basis, they will have to pay more than one billion yuan.

Shen Huai and Song Hongjun discussed that in order to avoid too much pressure on the capital chain, this time they decided to give up the convertible bond subscription of Yexin Bank, but this also means that Meigang's shareholding in Yexin Bank may be possible in the future. will be greatly diluted.

Regardless of whether they have cooperated happily in specific projects such as Hongji Evergreen in the past two or three years, as well as the overall eastward shift of Evergreen Group's investment strategy, I still hope that Sun Qiyi can exert influence and influence more Hong Kong Chinese businessmen to enter Huaihai and Meishan Steel. , Shen Huai and Song Hongjun are also quite close to Sun Qiyi, and no one will mention their previous grudges.

"I will start the private placement now, and Governor Xu Pei will try to actively participate in as many companies as possible. In the conversation with me just now, it is also clear that there is hope that Pucheng Group will continue to participate. The one-billion-dollar quota, Whether it is private placement or issuance of convertible bonds, we don’t account for many cases to share with so many companies. I am pushing this matter hard now, so I can’t take the benefits into my arms,” Shen Huai said with a smile. "The existing car assembly lines in the province mainly produce A-class compact cars; this time, the injection of one billion yuan is only enough to integrate and upgrade the passenger car and parts production lines of Dongshi and Yuanye. Qian Dingtian will build another car research center; in the future, a large amount of funds will be injected for the expansion of A-class cars and the production and research and development of B-class cars. The first issue of convertible bonds, Governor Xu Pei can pull some We don’t account for much of the company’s participation in the subscription, but for the second and third reissue of convertible bonds, do you think these companies will continue to enter the game with Zhuang? If they hesitate, then we will have a larger proportion. Opportunity. If the private placement is the first time, the companies participating in the first time are all shareholders of Dongjiang Refinery. They are unwilling or unable to participate in the second and third convertible bonds or private placement, and they do not want to. When the stake is diluted, they will unite to veto..."

Sun Qiyi smiled slightly~lightnovelpub.net~ I thought that it was not wrong for so many people to fall into the hands of this kid. This time he clearly had the upper hand, but he still stayed in the plan cautiously. After so many aftertastes, he asked, "Does Dongshi already have plans for a mid-size sedan project?"

"Liu Jizhou is still very capable and ambitious," Shen Huai said. "Uncle Sun, since you want to stay in Xucheng for a few more days this time, you might as well get in touch with Liu Jizhou..."

According to his seniority, Sun Qiyi should be said to be Shen Huai's cousin, but his cousin is a bit far away. Shen Huai is still used to calling his uncle with Sun Yalin, which makes him feel a little vanity.

Western Europe is the most developed country in the global auto industry, in addition to the world famous brands such as BMW, Rolls-Royce, MINI, Volkswagen, Audi, Bugatti, Bentley, Lamborghini, Porsche, Logo, Citroen, Renault, Fiat, Ferrari, Maserati, etc. In addition to the top car brands, there are also a large number of second-tier car manufacturers struggling on the edge of life and death.

The asset merger and reorganization of Dongshi and Yuanye is only the first step in the rise of the Huaihai automobile industry, and it can even be said that the domestic automobile industry has only taken the first step.

After the merger of Dongshi and Yuanye Assets, they can only produce the most basic A-class compact cars, with low technical content and low capital investment. The situation of many domestic car manufacturers is similar to this. It can be said that it is on the eve of its rise. The broad prospects for future development are beyond doubt.

In the future, no matter whether the European and American auto industry actively transfers to China, or whether domestic auto manufacturers actively go out to find partners, and undertake the technology and production management system of Europe and the United States, it is only the first step. Evergreen Group is actively involved at this time. , you can get a big piece of delicious cake from it.