Rekindle 2003

Chapter 1009: Birds of a feather!
'If that doesn't work, then... we will choose to withdraw our investment'

Thinking of this, Lu Sishan smiled and pointed at Wei Zonghan and Gu Guobin, then looked at Jiang Shiyang and continued,
“They all don’t want to be the bad guy, so I’ll do it.

The current situation is that the total investment of 3.98 million yuan by the four of us was used for the construction of a 1000-ton polysilicon project.

Now that the scale has expanded 100 times, 3.98 million is definitely not enough.

In other words, if you cannot find funding for this project, the 3.98 million yuan will be wasted.

So, General Manager, actually the reason why we can have this meeting today is that we, Tianwei Power Transformer and Guodian have a tacit understanding.

We suggest that Sichuan Energy Investment Co., Ltd. in Xishu buy back our shares.

Anyway, can't Sichuan Energy solve the problem by issuing stocks and acquiring assets? Shareholders will definitely welcome the injection of such high-quality assets."

Gu Yanfa, who had been showing a determined attitude of cooperation, changed his expression when he heard this and coughed twice.
"Although the outside world has high expectations for Xinguang Silicon, the group company feels that injecting such high-risk assets into a listed company is irresponsible and inappropriate."

This is an international joke. Whether polysilicon will succeed or not is a question!
If you really calculate the amount of 3.98 million, it is not a very large number.

The Western Shu region could have still been able to get it back if they gritted their teeth.

But precisely because of the purpose of risk control, Guodian and Tianwei were brought in to join in, so as to avoid having to bear the loss of nearly 4 million yuan alone in the event of a loss.

Everyone is like this, you help me, I help you, and then we disperse the risks of individual projects.

It's not impossible to let Sichuan Energy take over now, but...

Jiang Shiyang on the other side sighed when he heard this. He also knew very well that even if Sichuan Investment took over, it would not be able to pay 400 billion.

This is really asking too much.

Wei Zonghan said at this time, "Executive Director, the situation is now very clear.

We understand Jiazhou's efforts to develop the local economy, and we also understand that the country's orders cannot be violated.

But the reality lies before us. Our initial investment was our obligation, and it is inappropriate to operate the company as a consortium now.

Executive, a forced melon is not sweet. If it doesn't work, then we should go the route of reorganization. You from Xishu should find a company or a consortium of Xishu organizations to reorganize and return the money from the three of us."

Lu Sishan smiled at this time and said, "Let me report to all leaders. Before I came here, our chairman proposed a plan.

Tianwei can take over Xinguang Silicon Industry, and we will invest 100 million to purchase the equity of Sichuan Investment, Jiazhou Electric Power, and Minjiang Hydropower. "

Before Jiang Shiyang could speak, the State Power Corporation was upset. Gu Guobin slammed the table heavily.
"Lu Sishan! The total price of the three of us is 2.88 million. I'm afraid it's not appropriate for you to buy it at a % discount."

Among the four investors, Sichuan Investment is a local enterprise, so it is reasonable that it contributed the largest share of 1.88 million yuan.

The State Power Corporation is the platform, so the two entities selected are also local in Xishu, and the total amount of 100 million is considered to be equivalent.

Tianwei Baobian is a strategic partner and is hoping to save on raw material procurement costs after the project goes into production, so it is natural for it to pay an extra 1.1 million yuan.

Lu Sishan sneered, "What's wrong with buying an unfinished construction project at a 70% discount? If we don't pay, you can only collect a bad debt. Besides..."

At this point, he raised his eyebrows at the two representatives of Guodian, "Shouldn't Xishu bear this loss? They were the ones who begged us to invest in the first place."

Gu Yanfa's face suddenly changed when he heard this, "Lu Sishan, what do you mean by Tianwei Baobian!"

Lu Sishan looked at his hand, scratched the nail of his middle finger with his thumb, and said lightly,

"What this means is that the 100 million that Tianweibao conjured up is for Guodian, so that they don't lose money. You transfer the equity to us free of charge. It's that simple.

Don't be unconvinced, we in Jizhou are here to clean up your mess, so what, do you in Xishu want Guodian to lose money here?"

Upon hearing this, Wei Zonghan and Gu Guobin, two representatives of the State Power Corporation, thought about it and decided that their total investment was 1 million yuan, so they didn't think it was a loss. They could just forget about the interest loss, as long as the principal was safe.

Lu Sishan continued, "We in Jizhou have already invested 1.1 million yuan in this project. Now we are investing another 1 million yuan, which is equivalent to spending 2.1 million yuan to buy a 3.98 million yuan unfinished project under construction.

General Manager, this price...is not low!
Moreover, this is their Sichuan Investment Group’s business and has nothing to do with Jiazhou.

We will not relocate this 1000-ton project. At the same time, the Ordnance Industry Group also has a second-phase plan here. It’s just that 10 tons is too much for us to handle. But at least Jiazhou and Eban Factory have completed part of the task.”

After saying this, Lu Sishan grinned, he felt that this was a win-win situation.

Of course, there are losers.

That is Sichuan Energy Investment, a provincial platform company in Western Sichuan.

But this matter was caused by Sichuan Energy itself.

Isn't it their responsibility?
If you want to blame someone, you can only blame Xishu for being poor. It was Xishu's fault for being so short-sighted that it had to drag them into the partnership to share the risk.

As for whether it is a risk, Lu Sishan is very clear that the risk is indeed huge.

However, Tianwei Baobian has already placed a heavy bet on the development of polysilicon and there is no turning back.

They have been laying out their plans in the downstream of the industry for a long time, and investing in Xinguang Silicon Industry is to solve the problem of localizing raw materials.

After all, it is too expensive to buy raw materials from abroad.

Once polysilicon is successfully produced in batches, they will gain huge cost advantages for downstream products. The current 2.1 billion yuan project is obviously profitable.

But the key point is to strip away the astronomical task of 10 tons.

Thinking of this, Lu Sishan wanted to laugh out loud.

10 tons of polysilicon project...

I don’t know who came up with this idea.

In 2002, the national polysilicon production was only 50 tons, and the global production was only 20350 tons.

Once these 10 tons are released...

Lu Sishan couldn't even imagine how beautiful the scene was.

The red flag will surely be planted all over the world, and the Internationale will be realized.

So, this is simply a pipe dream!

Thinking of this, Lu Sishan glanced at the livid Sichuan Energy representative Gu Yanfa with a sarcastic look on his face.
"Since we are here, why don't you call and report back now, Mr. Gu?

Whether your company agrees or not, I will prepare a memorandum in the form of meeting minutes today so that I can take it back and report it to you."

Lu Sishan's sarcasm was not groundless. In this game of capital, he was confident that he had already grasped the victory.

He felt that the remaining matter should be discussed between the two chairmen, and it was simply a matter of how much the price should be.

Be more stern and give the chairman some room to make concessions. You will definitely make money anyway.

Our plan protected the interests of Jiazhou Electric Power and Minjiang Hydropower, as well as the interests of Jiazhou local area.

As for whether the mission of Eban Factory can be completed or not, it is none of Tianwei Baobian’s business.

After saying that, Lu Sishan folded his hands with interest, looking at Sichuan Mouse Gu Yanfa, who looked like he wanted to fight with him.

In his view, Gu Yanfa's anger and unwillingness were nothing more than the powerless struggle of a loser.

The blue veins on Gu Yanfa's neck kept throbbing.

As a representative of Sichuan Energy Investment, he felt unprecedented pressure and challenges.

Lu Sishan's proposal was a win-win-one-draw-one-lose plan, which undoubtedly pushed Sichuan Energy into a corner.

The one that drew was Ebanchang, and the one that lost was Sichuan Investment.

He knew that if a suitable solution could not be found, Sichuan Energy Investment would face huge losses.

He was anxiously thinking about how to fight back and how to reverse this unfavorable situation.

At this time, Jiang Shiyang on the other side of the main seat smiled and said, "Leaving aside Sichuan Energy, the current plan is for Tianwei Baobian to buy back the shares of Guodian Group at the original price to ensure that the interests of Guodian Group are not harmed, right?"

Jiang Shiyang's question brought Lu Sishan back to his senses. He quickly adjusted his mood, smiled with a confident attitude, and said, "The general manager is right."

He knew that his answer would directly affect the future of Tianwei Baobian and would also affect the interests of everyone present.

Meanwhile, Sichuan Investment Consultant Yanfa's teeth were almost broken. He looked at Jiang Shiyang with a sullen face, "Executive Director, is this how Jiazhou treats provincial state-owned enterprises?"

Jiang Shiyang waved his hand and said, "Mr. Gu, this is a market-based behavior between your companies. We are just a witness and will not interfere with your market transactions."

Lu Sishan, Wei Zonghan and Gu Guobin all had smiles on their faces. They nodded rapidly and kept praising Jiazhou's business environment, but they each had their own little calculations in their minds.

Jiang Shiyang smiled and looked at Lu Sishan again, "That is to say, judging from this transaction price, Tianwei Baobian recognizes that the current value of Xinguang Silicon Industry is the value of the original registered capital, right?"

Lu Sishan shrugged his shoulders and said, "What the general manager said is right, but I suggest that the general manager should not think too much about it. It must be a transfer at a fair price, and Sichuan Energy Investment is allocated free of charge to save taxes. There is no need to transfer money from the left pocket to the right pocket."

There was a hint of cunning in his answer, as if telling Jiang Shiyang not to think too much, as this was a fair deal.

Isn't it just to see if it can be transferred at a premium or discount?

When he doesn't understand?

Local governments often increase taxes in this way. Although they are all from the state, the assessments are different. That's why he was unwilling to contribute taxes to Jiazhou and felt that Jiang Shiyang was a bit greedy.

Jiang Shiyang nodded and asked Wei Zonghan and Gu Guobin, "You also agree with this price, right?"

The two looked at each other and said easily, "This price is very fair."

Jiang Shiyang asked Gu Yanfa what price he thought was reasonable. Gu Yanfa snorted coldly, "Standing Committee member, the rule of equal rights for equal shares still needs to be followed."

He also realized that this group of people are birds of a feather!
He could only stick to the original price. As for how much concessions to make later, it was up to the senior leader to decide, but he would not give up a penny.

I dare not give in.

……

(End of this chapter)