The Wealth Empire Crossing the Hong Kong

Chapter 649 Petrochemical Industry
"Jianhui, we have also heard some news from Xiangjiang. I wonder if there is anything we can do?"

In the lounge of the production base of Amoy Group in Ludao, after Li Jianhui, Gu Zhenfu and others visited the construction of the Amoy base, while chatting here, Gu Zhenfu specifically asked.

Although Gu Zhenfu, Lin Tingsheng, Wang Yongqing and others are not in Xiangjiang, they are quite well informed about some news.

Especially the increase of Hong Kong dollar note-issuing banks, this is a big event, how could they not be clear.

To be honest, when they received the news, they were a little unbelievable that Xinjian Bank was not the one that got the right to issue banknotes in Hong Kong dollars.

The outside world may be a little unclear about the strength of the Xinjian Department and even the Xiangjiang Branch of the Donghua Society. As members of the Donghua Society, they are quite clear about this.

It is no exaggeration to say that the combined strength of Far East, Xinhong, Xinya, Nanjiang, and Xianghua is far from being comparable to that of Xiangjiang Branch of Xianghua Club.

However, in this competition for the right to issue banknotes in Hong Kong dollars, the Hong Kong branch of the Tung Wah Association actually lost, which was somewhat beyond the expectations of the outside world.

Gu Zhenfu and others knew very well that the Xiangjiang branch of the Donghua Society would definitely not let it go, and would definitely take action to respond to this matter.

They also hope to provide some help on this, to let the outside world know that Donghua will be an inseparable whole.

"This time it was mainly due to the joint targeting of several parties, and the Bryan government was obviously unwilling to let Donghua Society get the right to issue banknotes in Hong Kong dollars, so it is normal for Xinjian Bank to lose to Nanjiang Hang Seng Bank.

As for the response to this matter, I also discussed with the Guobao and the others. This time, the Guobao and Uncle Lei are the main ones, and the focus is on the Nanjiang Club who is the vanguard.

You also know the situation of the Nanjiang Club's industries, and the other party's industries are just that, and it is not easy to suppress, so you don't have to worry about it.

The most important thing right now is the market here. Now that navigation and commerce have been opened, you must seize this opportunity to seize the market here.

Especially the East China market, which is the largest market in the mainland, as long as it occupies the East China market, it can become the dominant market.

Our Baodao enterprises should not only let the food and beverage, textile and clothing industries enter, but also other industries, such as the petrochemical industry.

This is a huge industry. Because Nanhua Petrochemical is headquartered in Johor Bahru, there is no chance to enter here.

But Donghua Petrochemical is different. In this regard, we can completely communicate with the upper management. It would be better if Donghua Petrochemical can enter the gas station market, but if not, we will try our best to promote some petrochemical industries to enter. "

As the chairman of the board of directors of Donghua Petrochemical Group, Wang Yongqing naturally hopes to promote Donghua Petrochemical to enter the mainland market.

It's just that he is very clear that this industry is no different from textile and clothing and beverage and food manufacturing industries. The resistance in this area will be greater and the threshold will be higher.

However, he still plans to give it a try. Recently, he plans to lead many senior executives of Donghua Petrochemical to the capital to talk with them about Donghua Petrochemical's entry into the northern market.

If it works, he plans to build a large-scale petrochemical production base in a coastal city in Fujian Province and promote Huangpu Shipping to build a large port here.

Knowing the difficulties involved, Gu Zhenfu suggested: "We don't need to pursue all Donghua Petrochemical's industrial chain products to enter the mainland market, and we don't need to pursue the establishment of our own gas stations.

The petrochemical industry is so huge, we can start with one aspect of products, or we can jointly build certain products with some enterprises here, and jointly build the entire petrochemical industry chain through multi-party cooperation. "

The petrochemical industry is extremely extensive. In fact, Donghua Petrochemical is only a small part of the industry. At present, the core of Donghua Petrochemical is ethylene, and fuel oil, including automobiles, ships, and liquefied petroleum gas.

As for plastics and synthetic rubber, Formosa Plastics is doing it, asphalt is being made by Taiwan Cement, and synthetic fibers are also being made by Taiwan Pro-Tonghua Association.

In terms of medical treatment, Baodao also specially established Hsinchu Pharmaceutical Group, which developed in a wrong way with Xiangjiang Traditional Chinese Medicine Group.

Of course, the entire industrial chain is not limited to these few industries, and many pro-Donghua Association enterprises have become members of the Donghua Petrochemical industrial chain.

In fact, when entering the mainland market, the most important problem is the domestic sales of products, especially the processed diesel, gasoline, kerosene, or ethylene.

If these products cannot be sold domestically, then there is no need for Donghua Petrochemical to enter here to establish a production base.

"Uncle Wang is communicating with the high-level for the time being. If it doesn't work, Donghua Petrochemical can consider joint ventures with related companies here.

You also know that my ancestral home is Guocheng, where there is the Southwest Petroleum Institute and the oil industry. If we have no chance to intervene by ourselves, a joint venture with the Guocheng Petroleum Company is also a good way.

And you should know that my Xinhui Infrastructure Investment Company has invested in two expressways, which are currently under construction and have a lot of demand for asphalt.

In this regard, Uncle Gu's Taiwan Cement can consider getting involved. If it is not possible to invest by itself, it can form a joint venture with Sichuan, Sichuan and Guangdong provinces.

With the rapid economic development here, the demand for asphalt will increase, and we are not afraid of losing money if we invest in this industry. "

Li Jianhui's proposal is indeed good, but these people are a bit wild in their hearts. They hope to build a production base of the whole industry chain to increase their influence here, so as to make up for their industry entering a few years later than Xiangjiang enterprises.

However, they took note of Li Jianhui's suggestion. If the communication is not satisfactory, they will go to the fruit city to seek cooperation with the fruit city.

And they are very interested in Southwest Petroleum Institute, even though these talents cannot be used by them now, they are willing to form a good relationship.

Regardless of Xiangjiang or Baodao, there is a lack of majors in petroleum and petrochemicals in colleges and universities, which leads to a shortage of talents in this area.

Although Xinjian University already has a petrochemical college this year, it is still unable to provide talent support for Donghua Petrochemical, Nanhua Petrochemical, Husky Energy, Xiangjiang Energy and other companies.

The Southwest Petroleum Institute is an old oil school in mainland China, with strong teaching resources and many elite talents.

Wei Yingzhou talked more about dislocation development. He said that Ting Hsin Group and Amoy Group have similar products, with instant noodles, beverages, and condiments as their main products.

In Taiwan and even the ASEAN market, Ting Hsin Group can compete with Taoda, but in the mainland market, Taoda has been in business for many years and has reached cooperation with supply and marketing cooperatives in many places. The Railway Bureau is also its partner. Ting Hsin Group entered It's already too late.

"Whether it's instant noodles, condiments or beverages, the market here is huge enough to allow the two of us to develop together.

There is no need to worry too much about this. Now it is mainly a matter of publicity. Uncle Wei needs to think of ways in this regard.

For example, you can communicate with the CCTV advertisements here. In this period, the influence of CCTV advertisements is quite large.

The other is to let the products of Ting Hsin Group enter the major supply and marketing cooperatives as much as possible, so that they can appear in the sight of consumers. "

In the northern market, it is not Baodao ASEAN. There are not many Lane Crawford, Watsons, and IKEA convenience stores here. Now the main channel is supply and marketing cooperatives.

Li Jianhui has a deep understanding of the influence of CCTV advertising during this period. Amoy Beverage, Hongyu Clothing, Xinyang Clothing, Jingyi Electric Appliances, Jiehua Daily Chemicals, etc. have had advertising time slots on CCTV for the past two years.

(End of this chapter)