Steel Tycoon Reborn

The meeting between Shen Huai and Ye Xuanfeng was quite pleasant.

The cruel and indifferent reality also forced Ye Xuanfeng to put down his arrogant attitude and agreed to cooperate with the pilot work of grid separation in Huaihai Province, speed up the work of the Xudong Railway double-track project, and further consolidate the advantages of coal-electricity joint venture.

Shen Huai also agreed to allow Huaineng to participate in the construction of Xinpu Coal Trading Center, coal storage and transportation base, and transit port, not to weaken Huaineng's position and role in Huaineng's eastward export, and to support Huaineng's participation in Huaihai Financial Investment.

At the same time, Shen Huai also agreed to assign the shallow waters required for the reclamation of the second phase of Xinpu Power Plant to Huaineng to organize the reclamation on its own, and no longer restrict Huaineng from building a larger-scale power supply center in Xinpu.

As long as it's not stupid, it's not hard to guess what the future holds.

Meigang also does not have the ability to do several things at the same time, and if Huaineng fails to promote the substantial progress of the Xudong Railway double-track project, it will take three or four years, not to mention Meigang, that is, Huaihai Province has started to promote related work. He will not allow Huaineng to delay.

As for whether it is possible for Huaineng to participate in the construction of Huaineng Electric Power and the Huaidian East Transmission Project in the future, Shen Huai did not give any clear answer at this time.

Ye Xuanfeng and the others can also understand that as long as Huaineng can substantially promote the launch of the Xudong Railway double-track project, consolidate its position in the Huai-East coal export, and strengthen the advantages of coal-electricity joint venture, the timing and conditions are ripe, and they propose to participate in the Huai-East Power Transmission Project. Construction is not something that Shen Huai personally decides to stop.

At most, Shen Huai will refuse Huaineng's participation in the shareholder of Jiangxi Electric Power, but whether the province will agree to Huaineng's construction of another pit-head power plant in Huaixi is beyond Shen Huai's decision.

He Chengguo didn't stand up at the beginning, but asked him to "do his job well", which is the fundamental reason.

The direction of domestic power system reform is to break the monopoly of regional power grid interests.

In fact, in the proposal submitted by Shen Huai, the power grid and power plant construction of Huaidian Power Transmission to the East were also separated.

The power grid is funded and constructed by Jiangdong Electric Power Group Duli; the power plant construction is in charge of Dongjiang Power Plant Group, a joint venture established by Meigang, Huaimei and the Provincial Power Supply Corporation.

At the same time, Zhong Limin, Secretary of the Provincial Party Committee, requested that the party building work be strengthened in the TK Power Group, under the central management of the provincial state-owned enterprise working committee, emphasizing the dual leadership of the party group and the chairman of the TK Power Plant, which means that the TK Power Group will not be fully controlled in the future. In Shen Huai's personal hands.

Shen Huai made concessions on this, and did not show too strong desire for control. This is the basis for Zhong Limin to invite him to meet and talk in Yicheng, recommend Xiong Wenbin to be the executive deputy mayor of Xucheng, and support Mei Gang to take on more work.

Zhong Limin, Tian Jiageng and others supported Mei Gang, and in the final analysis they supported the overall interests.

In the same way, the Huaineng Group has relatively mature conditions in the future, with the support of such figures as He Chengguo and Song Qiaosheng. They proposed to participate in the Huaidian Power Transmission Project. As long as it is in the interests of multiple parties, Shen Huai really wants to forcibly stop it, and will only do so. Put Meigang into an isolated situation.

Of course, Huaineng doesn't have this condition now, but wants to get involved with the support of He Chengguo, Song Qiaosheng and others. Zhong Limin and others can't take a firm stand. In the end, the water will be muddy and nothing can be done. .

As for the current Huaihai Province, Zhao Qiuhua's attitude may be somewhat vague, and even if Zhong Limin doesn't say it, it is impossible for Xu Pei to openly spit on the reform flag erected by the Department of Accounting and Classics.

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Everyone needs to move forward with the reality of the situation on their backs.

After more than a month of intense preparations, Dongjiang Power Group was formed by Xinpu Development Group, Meishan Iron and Steel Group, listed company Meixi Industry Co., Ltd., Provincial State Investment, Huaimei Group, the restructured Provincial Power Group, and Huaixi City Investment. Co-sponsored by six companies in the group, it was officially reviewed and approved by the provincial government in early October.

The general draft of the development plan for the "Huaihai Power Transmission to the East" project has long been written by the power departments of Huaihai and Jiangdong provinces together with the Dongjiang Power Preparatory Working Group.

The registered capital of Dongjiang Electric Power is as high as 2 billion, of which Meigang, Meixi Industry Co., Ltd., and Xinpu Development Group invested 1 billion, holding 50% of the shares; Provincial Electric Power Group took part of the equity assets of Zhujiang Hydropower Station, Huaimei Group took Qingfeng The coal mine and Huaixi City converted the assets of Qingfeng Power Plant into Dongjiang Power, and invested a small amount of funds with the provincial government to jointly hold the remaining 50% of the shares.

At the same time, Dongjiang Power and the Provincial Electric Power Group established a joint venture company, Zhujiang Hydropower, to undertake all the assets of the first and second phases of the Zhujiang Hydropower Station. In the future, this joint venture will also be responsible for the subsequent construction of cascade hydropower stations in the upper reaches of the Zhujiang River.

Hu Shuwei served as the secretary of the party group and general manager of TK Power. Zhong Limin and Li Guben both hoped that Shen Huai could serve as the chairman; Shen Huai pushed the chairman of TK to Sun Fujing.

Shen Huai's energy is also limited, and he is no better than Sun Fujing in the field of coal power.

Dongjiang Electric Power implements the dual leadership of the party group and the chairman. Hu Shuwei, the party secretary and general manager, will actually undertake the main responsibilities for the construction and operation of Dongjiang Electric Power; People will be accused of eating too ugly.

Meigang now holds Dongjiang Power in its hands, and will undoubtedly take on greater responsibilities in the future.

At present, the capital of one billion yuan has been injected into Dongjiang Power, which is only for the preliminary integration of hydropower, coal, electricity and other resources in Huaixi and the middle and upper reaches of the Zhujiang River. The subsequent construction of cascade hydropower stations and pit-mouth thermal power clusters in the upper reaches of the Zhujiang River will consume Funding will exceed 10 billion.

Shen Huai didn't want to put all the responsibilities on himself.

The progress of Huaixi Electric Power Industrial Park is faster. In the first ten days of October, in addition to the accelerated construction of many infrastructure projects, Meigang's ferronickel smelting project in Qingfeng has also been established, and will strive to start construction at the end of the year.

By the end of October, Xinpu Refinery was successfully put into operation, which also marks that Meishan Iron and Steel has stepped into the ranks of large-scale integrated industrial groups.

The container transportation business of Xinpu Shipping Group and the container terminal of Xinpu Port were also officially placed under the banner of Haisheng Shipping, a listed company in Hong Kong, in mid-October.

As the new parent company of Haisheng Shipping, Xinpu Shipping Group, together with Meigang, Xinpu Development Group, Hongji Investment, Zhongxin Investment, and Zhujiang Investment, jointly hold more than 50% of the shares of the listed company. Zhou Zhibai also serves as the director of Haisheng. This means that the Meigang Group has officially added a new listed company.

Hu Lin and Gu Zexiong failed to expel Yu Wei from Baohe Shipbuilding in the end. After Haisheng was controlled by Meishan Iron and Steel, it signed an agreement with Baohe Shipping Industry to invest 500 million Hong Kong dollars to acquire the special container equipment manufacturing plant invested and constructed by Baohe in Xipi Zha. Of course, Baohe Shipbuilding also needs to inject this capital into the construction of Xinpu Port and Jihe Port.

Shen Huai agreed to cooperate to help Yu Wei adjust the investment structure of Baohe Shipping Industry, but it would not allow Yu Wei to take away the capital urgently needed for local development.

With the assistance of Guo Chengze, Li Gu and others, Baohe Shipbuilding obtained a financing quota of one billion yuan from China Development Bank and CITIC Investment, which will be used for the subsequent construction of Xicheng Shipyard and Xipi Zha Shipbuilding Industrial Park.

In this way, Yu Wei and Baohe Ship Industry were freed from the Zhao clan and became relatively neutral existences.

Although Huaineng still injected capital and participated in Huaineng Financial Investment according to the original plan, the capital injection was reduced from the original plan of 500 million to 300 million; the tourism and real estate company jointly established with Haifeng and Jinding, the capital injection of Huaineng was also reduced to 500 million. 200 million; the proposal for the establishment of Xudong Railway Co., Ltd. to promote the electrification and double-track reconstruction of Xudong Railway was also submitted to the State Council for approval in late October.

At the same time, Huaineng started to prepare for the domestic listing of Huaineng Power.

Ye Xuanfeng and the others also realized that although Huaineng Power has strong profitability, it is very difficult for Huaineng to rapidly expand its scale by accumulating profits of 300 to 500 million per year.

In order for Huaineng to move forward with great strides, in addition to He Chengguo and others continuing to promote the transfer of power assets, they also need to expand the scale of financing from more channels - the electrification of Xudong Railway and the reconstruction of double-track lines, Huaineng wants to The amount of investment undertaken is as high as 2 billion. If this fund is not raised in place, it will be difficult for Huaimei to make substantial progress in the work of Easting Huaimei.

Financing from banks is conducive to rapid expansion, but it will also expand the scale of debt and financial burden; financing by listing and issuing shares is an effective means to effectively expand the scale of own capital, and the issued shares are also distributed to public investors. Affect the fall of control.

As a centrally-owned enterprise, Huineng Group is promoted by He, Dai, Song Qiaosheng and others. If we really have to make up our minds to do it, the listing process can be simplified, and the speed of promotion is much faster than that of local companies.

At the same time, Yexin Bank also struggled to be listed in Hong Kong in mid-October.

The total assets of Yexin Bank have also successfully exceeded 100 billion this year. Except for the four large state-owned commercial banks, Yexin Bank ranks only after Ronshine and China Merchants among medium-sized commercial banks. However, the total assets of Yexin Bank are mainly composed of deposits of depositors, and its own capital is only 8 billion.

China has strict requirements on the capital adequacy ratio of commercial banks. The lack of capital of Yexin Bank has seriously affected the development of deposits and loans, trust investment and other businesses~www.readwn.com~ The domestic securities market is still small, with a total of It also issues tens of billions of new shares. For example, Yexin Bank will raise four or five billion large-cap stocks at a time. The State Council does not advocate or support domestic listing.

Yexin Bank planned to go public in Hong Kong last year to make up for the lack of capital, but at the wrong time, under the financial turmoil, the Hong Kong stock market was extremely bleak, and Yexin Bank's listing plan was delayed.

The Hong Kong securities market has only slightly stabilized and rebounded in the second half of this year. More importantly, Hongji, Zhongxin and Evergreen Group have joined forces as fundamental investors to undertake the HK$4 billion of shares issued by Yexin Bank this time. More than one-third of the total was called Yexin Bank's successful listing.

The capital of Yexin Bank has been expanded to 12 billion, but at the same time, Hongji and Zhongxin, as fundamental investors, hold 8% of the shares of Yexin Bank; Industry Credit Bank's shareholding, the total shareholding also reached 13%.

Regardless of whether Ye Xuanfeng and the others admit it or not, the domestic game planning is also undergoing profound changes. Just taking the influence of Yexin Bank as an example, the Meigang Department has officially surpassed them, reaching the level of recommending directors to the board of directors of Yexin Bank.

Perhaps at this point, they suddenly understood why Yexin Bank actively participated in the Huaidian East Transmission Project?

In the final analysis, Shen Huai, through Yao Ronghua, reached a private agreement with the senior executives of Yexin Bank, and Yexin Bank supported the Huai Electricity East Transmission Project, and Meigang and Evergreen Group supported Yexin Bank's listing in Hong Kong.

Of course, this series of intensive capital operations has caused Zhongxin and Hongji to raise more than 200 million US dollars in overseas capital markets this year, and Meigang's nearly 1 billion dividends in the steelmaking business this year are also exhausted.