The Wealth Empire Crossing the Hong Kong

Chapter 624 Project Approval
Li Jianhui originally planned to go to Johor Bahru, but a call from Xiangjiang forced him to rush back to Xiangjiang.

Three investment promotion delegations from Guangdong Province, Sichuan Province, and Shanghai Stock Exchange arrived in Xiangjiang at the same time. At first, Li Jianhui thought that some projects would not be able to advance at all in recent years.

As a result, he now realizes that he underestimated the courage of the above. Just after the New Year, the joint venture projects of the Yangcheng-Pengcheng and Rongyuguo expressways, Yuzhou Jiangbei Airport, Pengcheng Airport, and Shanghai Port have been approved one after another.

In addition, more than ten coastal cities have been opened to the outside world, including Yangcheng, Yongcheng, Shanghai Stock Exchange, Jinmen, and Qindao.

To Li Jianhui's great surprise, Yuzhou, which is located in the inland area, has also entered this group. His butterfly effect is a bit fierce.

The three parties came this time, one is to dock several joint venture projects with Xinhui Infrastructure Investment Company, and the other is to attract investment.

After receiving the policy, they naturally hope that more companies from Xiangjiang will go to their cities or cities under their jurisdiction to invest and build factories.

Especially in Yuzhou, this time he came here with great confidence. Wang Dezhong, a member of the Standing Committee of the Provincial Party Committee and the leader of the Yuzhou Municipal Party Committee, personally led many high-level officials from Yuzhou to come.

Li Jianhui, who had just returned to Xiangjiang, had no time to go home and rest, so he rushed to the Xinjian Building immediately, and held a high-level meeting of the Xinjian Department in Xiangjiang.

Sitting in the meeting room, Zhou Bingqian was both happy and a little apprehensive. She never thought that the North would approve all these projects.

Two expressways, two airports, even if it is a joint venture, and the prices in the north are relatively low, Xinhui Infrastructure Investment Company will have to invest at least [-] billion Hong Kong dollars here.

An airport is expected to invest 15 billion Hong Kong dollars. Since the Xinjian Department wants to build a joint venture, it will naturally not be petty, and it will go big if it wants to.

Thinking back to the previous life, when Yuzhou first built the airport, the planned investment was no more than [-] million yuan, and the supporting roads were less than [-] million yuan.

This time, with the joint venture of the Xinjian Department, it will naturally not be so tight. It must be known that the airport planning in Guocheng, which has already started construction, is quite high-end.

By the way, the U.S. dollar was depreciating last year, and the renminbi was also depreciating. According to the official exchange rate, up to now, the exchange rate between the U.S. dollar and the renminbi is 1:2.321, while the exchange rate between the U.S. dollar and the Hong Kong dollar is 1:4.586, and the exchange rate between the renminbi and the Hong Kong dollar is 1:1.976.

Guocheng Airport has a donation from the Donghua Association, plus a low-interest loan of 10 billion Hong Kong dollars. Even if there is no more penny, this fund is far beyond the construction scale of Yuzhou Jiangbei Airport in the previous life, and it must be known that this is calculated according to the official exchange rate.

As for the expressway, the Yangcheng-Pengcheng Expressway has a relatively flat road with a length of 125 kilometers and domestic prices are relatively low during this period. The cost per kilometer is about 7 million Hong Kong dollars, and the total construction cost is estimated to be 87.5 billion Hong Kong dollars. Xinhui Infrastructure Investment Co., Ltd. accounts for 49% of the shares and needs to invest 42.875 billion Hong Kong dollars.

The Chengdu-Suihe-Chongqing section of the expressway is 330 kilometers long, the Suizhou-Guo section is 75 kilometers long, and the Guocheng-Hezhou section is 110 kilometers long. The total length is about 515 kilometers.

However, due to the terrain, the construction cost in Sichuan Province is undoubtedly much higher. The cost per kilometer is about 1 million Hong Kong dollars.

After Zhou Bingqian thought about it carefully, she felt that things were a bit troublesome. Seeing that the year-end meeting was about to be held, the expansion plans of major companies for the new year were handed over to Li Jianhui one after another.

Now Xinhui Infrastructure Investment Co., Ltd. invests in so many projects at one time, and all of them are industries with a long return rate, which will inevitably cause dissatisfaction among many high-level executives.

Fortunately, these projects do not require a one-time investment. For the airport, it takes at least two years to invest successively. For the expressway, it takes at least three years. The expressway in Sichuan Province takes at least four years, or even five years.

In this way, the pressure on the Xinjian Department is not as great as imagined, and it will not affect the expansion of the major companies in the Xinjian Department.

It's a pity that Zhou Bingqian had a good idea. When the meeting officially started, high-level executives headed by Huihong Group President Toru Iwatani, Lane Crawford President Li Qungang, Donghua Communication President Xie Minxiong, Wheelock Land President Li Qihai, etc. spoke out one after another.

He said that the most important thing for the Xinjian Department at present is to expand its industries, rather than wasting limited funds on projects with no visible rate of return.

Fortunately, Zhou Bingqian is not without help. Liu Xiaoyan, who is in charge of the Greater China affairs of the Xinjian Department, said: "Although the return period of these projects is relatively long, it does not mean that the return rate is low.

In particular, the two major airports and the Yangcheng-Pengcheng expressway have great potential. Even if it is the expressway in Sichuan and Sichuan provinces, I believe they will not lose money.

And we not only consider the profit of this project, but also consider the impact of investing in these projects on our Xinjian Department and even Donghua Society.

As Ms. Zhou said, these projects have a construction period. We don't need to take out so much cash at one time and allocate it quarterly, which has little impact on our Xinjian Department. "

Subsequently, Wei Li, Chen Huiya, and Shi Shaoming made speeches one after another, all of which supported investment in these projects.

In fact, these high-level executives are very clear that these projects are all agreed upon by Li Jianhui, and naturally there is no possibility of vetoing them. This meeting today is just a vaccination for the next fund to focus on taking care of Xinhui Infrastructure Investment Company, so that the heads of these companies will feel confident. One prepares.

As for these objectors, it is mainly because Xinhui Infrastructure Investment Company needs funds, either to be transferred from these enterprises, or to grab the cakes of these enterprises.

For example, Huihong Group is afraid that it will pay a large dividend after the annual report is released, so that the funds can be legitimately transferred to Li Jianhui.

The same is true for Lane Crawford. It did not fight a price war in the U.S. market last year. Its profits are quite gratifying. Its total market value is also directly catching up with HSBC. This time, it also cannot escape the fate of a large dividend.

As for Donghua Telecom and Wheelock Land, due to rapid expansion, although the market value has exceeded [-] billion Hong Kong dollars, they are still short of money. They all hope to raise funds for additional issuance this year, and Pang Group has more funds for expansion.

And once a large amount of funds are used by Xinhui Infrastructure Investment Company, it is bound to be impossible for them to raise funds for additional issuance. Li Jianhui needs financing for additional issuance and uses funds to maintain his own shares. financing.

After everyone spoke, Li Jianhui said, "That's the investment for these projects. Miss Hui Ya, tomorrow you will discuss the port joint venture with a number of senior executives from Huangpu Holding Group and the Shanghai Stock Exchange Investment Promotion Delegation.

Xiaoyan, Bingqian, tomorrow you will have a meeting with many senior executives of Yuntao Holdings and the Yuzhou investment promotion delegation. Amoy Group’s orange juice beverage, Amoy herbal tea and Amoy instant noodles can establish a production base in Yuzhou, and at the same time connect with Yuzhou Jiangbei Airport and Rongyu-Guo Expressway. "

As for the Guangdong Province, Li Jianhui personally talked with them about the implementation of the Yangcheng-Pengcheng Expressway and the Pengcheng Airport project.

At the meeting, Li Jianhui also asked Huihong Group, Lane Crawford, Xinjian Bank, Watsons, Hutchison Land, Ka Wah Bank, Hongyu Clothing, Jingyi Electric, Jinhong Jewelry and other profitable companies to make dividend plans.

Even if Toru Iwatani is extremely unwilling in his heart, he can only obey orders. He knows very well that the Huihong Group may be the afterglow of the setting sun.

Because of the sluggish growth of their own profits, the total market value of both HSBC and Lane Crawford has approached. When the annual report is released this time, it will be the day of the decline of Huihong Group.

He has proposed for several years that Huihong Group should expand its own industry in order to obtain new profit growth points, but it is a pity that Li Jianhui rejected it again and again, so that Huihong Group ended up in such a situation.

Looking at other companies such as Xinjian and other companies, Lane Crawford, Xinjian Bank, Watsons, Hutchison Land, Wheelock Land, Donghua Communications, Wheelock Holdings, and Whampoa Holdings were benefited by the appreciation of the Hong Kong dollar and the depreciation of the US dollar. , Phoenix, Huaxin, Huahong, Hongyu Clothing and other market values ​​have soared.

This year, Huihong Group, not to mention maintaining its position as the No. [-] listed company in Xiangjiang, is afraid that it may not be able to keep the top ten within the Xinjian Department.

……

(End of this chapter)