Steel Tycoon Reborn

Chapter 620: Great Refinery (2)

Lord Snow Eagle

, Legend of the Dragon King

, super soldier

, Cultivation: Overturning the Rain and Turning the Clouds

, Martial Arts Supreme

, Eternal Night King

, my neighbor is a banshee

, fairy wood legend

The late winter season in Xucheng is humid and cold. There is an air conditioner in the building. Shen Huai just came out to send Wei Fenghua and others out of the hotel. Shen Huai didn't feel anything. As soon as I filled it, I felt chills all over my body. Instead of standing outside with Sun Yalin to blow the cold wind, I went into the building wrapped in clothes.

Donghua Hotel is also the location of Donghua's office in Xu.

The renovated guild hall is open to the public, and the small buildings behind it have become a place for Donghua officials to temporarily rest or hold banquets in Xucheng.

In order to save money, the county also revitalized the assets of the old Xiapu Renjia Hotel, and contracted a three-story house-style building here as the office space of the county office in Xu. In addition to the office and accommodation of the staff, they can also arrange small banquets and meetings. There are also several well-filled living rooms upstairs for the county leaders to rest.

The small building looked gray, and the floor except the windows was covered with old ivy vines, and there were only a few solitary yellow leaves in winter, as if the small building had exposed the blood vessels of the skin - but Shen Huai liked the quietness It has to be a bit cool.

Shen Huai walked in. Liao Dezhi, director of the county stationed in Xu Office, was about to come out from behind the duty desk, holding a windbreaker in his hand. He didn't know if he wanted to take it out to relieve him of the cold. Shen Huai nodded to Liao Dezhi and said, "Everyone. You've been busy all day, go and rest; give me a box of golden leaf tobacco..."

Liao Dezhi doesn't know why Shen Huai likes to smoke Donghua's most common golden leaf cigarettes, but what kind of cigarettes the leader likes, what kind of wine he likes, there is a stock here for emergencies, and it's the leader's entourage who rub it from here. Some alcohol and cigarettes go away, and the supply is also open.

Liao Dezhi took the cigarette to Shen Huai and watched him and Sun Yalin go upstairs. He told the staff on duty a few words about work before returning to the room, but he didn't dare to go to sleep. Listen to the movement outside.

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

"Xinpu refining and chemical project, do you have a plan?" Sun Yalin entered the room and asked Shen Huai this question.

Shen Huai sat recklessly on the coffee table, opened the cigarette lighter, and said, "Xinpu has been reserved, what else can be planned? It's nothing more than money and people - Yao Ronghua asked me to meet tomorrow, but he obviously There will be no good news for me..."

"The real estate trust plan on Yexin's side may not work, and the risk assessed by the head office is too high." Sun Yalin told Shen Huai the bad news directly.

In addition to being allowed to take deposits from the public in China, Yexin Bank can also sell some trust wealth management products such as securities or industrial equity investment to customers.

Shen Huai once discussed with Yao Ronghua that Yexin Bank could try to set up an industrial trust fund to raise funds for the comprehensive development of Xinpu Port.

This industrial trust fund is essentially no different from Zhongxin Investment and Hongji Investment. The difference is that Zhongxin Investment and Hongji Investment aim to raise industrial equity investment funds in the Chinese business districts of Hong Kong, London and Paris, while the industry The industrial trust fund of CNCB is to raise investment funds from the customers of CNCB.

If this plan works, Yexin Bank will be able to raise 800 to 100 million yuan for the comprehensive development of Xinpu Port. Now the head office of Yexin has judged that the risk of this product is too high, and this matter is basically considered yellow.

Shen Huai didn't know whether the head office of Yexin really thought the risk was too high, or if someone started to get stuck in the neck.

Seeing Shen Huai sitting there smoking and not talking, Sun Yalin sat down and snatched the cigarette from Shen Huai's mouth. She was sitting at such an angle that it was inconvenient to put her legs up on the coffee table, so she put her legs up on Shen Huai's body, and she was delighted. He took two puffs and said, "This cigarette is not bad..."

When Sun Yalin returned to the hotel here, she changed into jeans and stretched her legs to the extreme. Although Sun Yalin pushed her legs up over him recklessly, Shen Huai still didn't dare to touch it.

Sun Yalin took two puffs of cigarettes, returned it to Shen Huai, and then said:

"After Meishan Steel took over Xucheng Refinery, it could only get 600,000 tons of crude oil import quota, and the current domestic energy policy, in terms of crude oil extraction and import, will only get tighter and tighter, and it is impossible to further release it. Kai, so Mei Steel should not expect to get more quotas."

"Now there are countless large and small refineries in North China, Northeast China and other places relying on large oil fields. This approval document does not reflect much value. Xucheng Oil Refinery used to think that the cost of importing crude oil from overseas was too high, so they abandoned it. After two years of economic development, you can look back at the value of this approval. Now the increase in domestic crude oil exploitation has obviously not kept up with the pace of economic development, and before the discovery of large new oil fields in China, the domestic economy has no impact on overseas Dependence on crude oil will increase year by year…”

"No matter how high the value is, there is only a limit of 600,000 tons per year, which can only fill the gap of the Zhunan refining and chemical project," Sun Yalin said. "Once a larger refining and chemical base is built in Xinpu, three million tons of crude oil per year can only be PetroChina and Sinopec are purchased by two companies, and the refined fuel oil is subject to strict price restrictions on domestic sales, and the refining business has almost no prospect of profitability. Yexin gave Xinpu Refinery and even Xinpu Port a high-risk evaluation, I On the phone with my dad, London and Paris also felt that this step was too big. Wei Fenghua and the others were more concerned about the construction of the Zhunan refining and chemical project, and they did not even take the initiative to mention the Xinpu refining and chemical project, which shows that they are very concerned about the future market. They still have their own judgment..."

"The domestic refining and chemical production capacity is mainly concentrated in North China and Northeast China. Like the previous Xucheng Refinery, these refineries have problems such as aging equipment and relatively backward processes; the more critical one is that fuel oil and petrochemical raw materials are the most important in the future. In the East China and South China markets, the refining capacity is seriously insufficient. Huaihai Bay is located at the junction of these two regions, and it actually occupies a geographical advantage. Although a three million-ton oil refining line can be completed by one billion, But if we really only need to invest one billion yuan to buy some old equipment with unstable operation, it is really possible to fall into it. If we invest more in the beginning, and go to a high-standard refining line, even if it is oil refining, I think it is the same. There are profit expectations. What we will work hard in the future is to see how much higher than the domestic average level can be. If we can only reach the average level, the probability of loss is extremely high, but what if we can do better? We now take three One billion to do a brand-new refining and chemical project, if it can’t achieve the average level of Sinopec, then it is really not necessary to do it.”

"You are very confident, but the external capital still judges whether it should enter the market according to the industry average level. You have no temper." Sun Yalin said.

Shen Huai sighed lightly and said, "It is impossible for domestic fuel prices to be released in the short and medium term, making this a strictly controlled closed market, and the risk of entry is indeed very high, but the market for chemical raw materials is open. Don't look at the current downturn in the petrochemical raw material market, but there has been an obvious change in the past two years, and some people have not realized it..."

"What changes?" Sun Yalin asked.

"China has also gradually increased the import of overseas crude oil from the previous year. In 1995, the total domestic oil extraction exceeded 140 million tons, and the imported crude oil was about 8 million tons, which was a small proportion. It has not come out, but judging from the information collected, it is normal for the crude oil import volume to surge to 25 million tons in 1996. Although most of the crude oil import channels are controlled by two companies, PetroChina and Sinopec, the crude oil import volume Surging, the domestic crude oil supply gap is rapidly expanding, indicating that the domestic demand for fuel and chemical raw materials has surged, and there will be great opportunities to open up the price-restricted chemical raw material market. We do refining, reduce the output of fuel oil, and increase the output of chemical raw materials such as ethylene. , and then drive the development of downstream refining and chemical industry clusters, the overall risk is controllable..."

"The local capital in Huaihai Province is still too weak." Sun Yalin said with emotion.

Shen Huai grinned and smiled silently.

This time, the local securities institutions and related enterprises in Xucheng City will raise more than 300 million funds to subscribe for 100 million shares, but it cannot be assumed that there is much capital potential in the local area to be tapped.

Xucheng's securities institutions and related companies participated in this financing mainly because they held a large number of tradable shares of Xucheng Oil Refinery that had been deeply locked up before - they are now helping Meigang to develop large-scale refining, large-scale The iron and steel and big port dramas continue to be sung, and they have to be sung well, in order to stimulate the continuous increase of stock prices, and the tradable shares they previously held will have the opportunity to unravel.

After all, they are taking small money to solve big money.

On the other hand, the local securities institutions in Xucheng that participated in the fundraising this time are all state-owned enterprises in Huaihai Province or Xucheng City. The scale of the project will also expand the local tax sources in Xucheng.

After the completion of the Zhunan refining and chemical project, the entire refining and chemical industry chain can add more than 100 million tax sources to Xucheng every year. This is nothing more than a good deal for the place.

In addition to this, it is not realistic to ask Xucheng to pay 10 million more for the construction of Xinpu Port; Xu Pei, who is hiding behind his back, is not an idiot.

Shen Huai guessed that Xu Pei asked them to expand the scale of the Zhunan refining and chemical project, which actually reduced the possibility of them starting the refining and chemical project in Xinpu at the same time.

Now the Xinpu refining and chemical project is not only short of money, but also short of people, Shen Huai can only smile bitterly for a while.

Sun Yalin pursed her lips~www.readwn.com~ and said: "Some people are too timid and dare not set foot in the Xinpu refining and chemical project, but the tradable shares of Meixi Industry may not make them excited. More than 100 million tradable shares have been transferred out, which is almost enough to raise the start-up capital of the Xinpu refining and chemical project..."

"Would it be too much of a loss to transfer now?" Shen Huai asked.

After the implementation of the backdoor plan, in addition to indirectly holding shares in the listed company Meixi Industry through Meigang Group, Zhongxin will also directly obtain 160 million tradable shares of the listed company. According to the additional price, the market value of these stocks exceeds 500 million.

It is still possible to transfer these tradable shares out of Glove's 500 million fund and start the Xinpu refining and chemical project in advance, so that some things can be done first without wasting time.

However, considering that some small and medium-sized projects with small assets but considerable profits will continue to be incorporated into listed companies in the future to support the continuous rise of stock prices, Zhongxin will package and transfer these tradable shares now, which will be quite a loss.

"The old lady invested 20 million US dollars at the beginning. If you don't lose, you will make a profit. Of course, this time, the old lady will also bet all the chips on you. If you dare to let the old lady lose so much that you don't even have any underwear left, the old lady will consume you for the rest of your life. "Sun Yalin said fiercely, but she had an indescribable aura.

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