Reborn since 1993

Chapter 874 The Law of True Fragrance Never Goes Out of Date!

This time, Li Dongling came here to support his father-in-law, and he must be the first to express his position.

The opportunity to acquire shares in Quancheng Urban Investment in exchange for the condition of subscribing to 300 million RMB bonds of Quancheng Urban Investment is definitely not cheap.

But it is not a loss either. Quancheng Urban Investment Company will be the lifeline of Quancheng in the future. As long as Quancheng is still there, there is no need to worry about this bond going down the drain. It will definitely be recovered.

As for how much profit can be obtained in the future from the acquisition of Quancheng Urban Investment's shares, it depends on how far Yao Zhengru and the new leader who succeeds him can implement the Double Ten Strategy.

But if Quancheng Urban Investment Group can acquire companies such as Quancheng Construction and Quancheng Water Affairs, it can at least guarantee some points.

After hearing Li Dongling's statement, Yue Honggao and Xiang Yuan both looked at Li Dongling and began to think deeply.

They also understand the current situation clearly. The Economic and Trade Commission and Dongling Hi-Tech were brought in by Yao Zhengru to help.

Even with Dongling Hi-Tech's strength, it would not be difficult to package and take over all the bonds and equity issued by Quancheng Urban Investment.

The reason why Qilu State-owned Assets and Qilu State Investment were brought in was, in fact, to get the Qilu provincial government behind them to support Quancheng Urban Investment, or to put it bluntly, to endorse Yao Zhengru!

If he could get the support of the Qilu provincial government and the approval of Yanjing, Yao Zhengru would be able to make great strides in Quancheng.

By then, no one from Quancheng's local bullies will be able to stop Yao Zhengru. How does that saying go? It will be useless even if you sue him to the emperor!

After realizing this, Yue Honggao and Xiang Yuan couldn't help but look towards the director of the Qilu Provincial Government Office. They were in the same camp, so naturally they wanted to know the attitude of the Qilu Provincial Government.

The director of the Qilu Provincial Government Office suddenly became the focus. He coughed and finally spoke, "The Qilu Provincial Government naturally supports Quancheng. However, Master Yao, you still need to pay attention to the risks when doing things. You can't act too hastily and you must pay attention to the impact!"

This is also the attitude of the Qilu Provincial Government. They must support Yao Zhengru who was parachuted into Quancheng. If they oppose Yao Zhengru right from the start, then in fact, they are not targeting Yao Zhengru.

However, the Qilu provincial government does not want Yao Zhengru to cause chaos in Quancheng, as that would create a mess that no one would be able to clean up.

After the director of the Qilu Provincial Government Office expressed his opinion, Li Dongling looked at Yue Honggao and Xiang Yuan, wanting to know how much equity Qilu State-owned Assets and Qilu State Investment would take in Quancheng Urban Investment.

"Qilu State Investment is willing to invest part of the company and cash in Quancheng City Investment and subscribe to 10% of the shares of Quancheng City Investment!"

Yue Honggao spoke first, saying that it would be difficult for Qilu Guotou to come up with so much cash at one time, but Qilu Guotou had a large number of companies, land and other resources in its hands.

Using these resources plus some cash, it is equivalent to using 10 million RMB to acquire % of the equity of Quancheng Urban Investment.

After Yue Honggao finished speaking, Xiang Yuan also expressed his opinion, "Qilu State-owned Assets can also use the same method to acquire 10% of the equity of Quancheng City Investment."

After Qilu State-owned Investment and Qilu State-owned Assets expressed their opinions, Li Dongling nodded to Hu Zixian, who immediately spoke.

"Zhixing Foundation is also willing to subscribe to 9% of Quancheng Urban Investment's equity!"

Hearing this, Peng Huaizhi couldn't help but cheer up. He had been worried that the Quancheng Municipal Government would ask for an exorbitant price and that Quancheng City Investment would ask for too much. However, he didn't expect that things would go much more smoothly than he expected.

This time, Quancheng Urban Investment transferred 35% of its equity, Qilu State-owned Investment, Qilu State-owned Assets, and the Zhixing Foundation, which is in the same boat with Dongling Hi-Tech, subscribed for 9%, which is equivalent to directly subscribing to 29% of the equity.

It’s not that Yao Zhengru doesn’t want to transfer more shares of Quancheng Urban Investment and raise more cash, but he has to leave some assets for latecomers!

As long as the Quancheng Municipal Government holds the controlling stake in Quancheng Urban Investment, which is the 51% equity red line, the remaining equity can be used to transfer and raise funds.

But Yao Zhengru couldn't go too far. He had to leave some assets for the future leader of Quancheng.

Otherwise, if the new leader of Quancheng encounters an emergency or special situation and needs to raise funds, and all the shares of Quancheng Urban Investment that can be cashed out are sold out, then he will probably be in trouble, and it may even affect the layout left by Yao Zhengru. The rules of the underworld still have to be followed.

Seeing that everyone in the conference room had expressed their opinions one after another, Gu Xiguang also spoke up, "The Economic and Trade Commission can coordinate with the Yanjing Development Bank to invest in Quancheng Urban Investment, but this matter also needs to be voted on by the Yanjing Development Bank!"

Although they said so, the Economic and Trade Commission has spoken, and the Yanjing Development Bank will definitely not reject the Economic and Trade Commission's proposal.

Yanjing Development Bank is the bank with the closest relationship with the Economic and Trade Commission. Many industry policies, key projects and programs issued by the Economic and Trade Commission, as well as many companies supported by the Economic and Trade Commission, are funded by the Development Bank. Gu Xiguang said that as long as the Economic and Trade Commission came forward, it would not be difficult for the Development Bank to subscribe to the remaining 6% of the shares of Quancheng Urban Investment.

This also means that Quancheng Urban Investment has officially obtained the endorsement of the Economic and Trade Commission!

Yao Zhengru breathed a sigh of relief. The establishment of Quancheng Urban Investment had raised enough funds. The first step he had taken after coming to Quancheng was accomplished. He could now let go and leave his mark in Quancheng.

The project of Quancheng Urban Investment has been completed, and the only thing left is the Chitu electric bicycle project. Compared with Quancheng Urban Investment, whether it is Qilu State-owned Assets or Qilu State Investment, or even Gu Xiguang's side, they are obviously more prosperous.

After all, it is really hard to say what the future market situation of Quancheng Urban Investment will be like, but Chitu electric bicycles are a project of Dongling Hi-Tech!
With the golden signboard of Dongling Hi-Tech and Li Dongling personally managing the business, how can one not imagine?

"What is the future prospect of Chitu electric bicycles?"

Gu Xiguang asked first. He had worked with Torch Group, so he was particularly looking forward to the electric bicycle project.

Torch Group is now the world's largest lighter manufacturer. In the domestic, Southeast Asian, Middle Eastern and old European markets, Torch Group's production and OEM lighters are all hot sellers, and it is now impacting the American and North American markets.

The Torch Group has changed the situation where domestic lighters could only be sold like cabbages overseas and all the money was earned by overseas manufacturers. Now, for every lighter exported, the country can earn at least US$0.3, or RMB . This was unthinkable in the past.

Torch Group now earns a lot of foreign exchange and has created the largest lighter industrial park in the country with nearly 100,000 jobs. Torch Group can be said to be the best performing company supported by the Economic and Trade Commission!

With the Torch Group's success as an example, the Economic and Trade Commission certainly attached great importance to the electric bicycle project. Otherwise, how could Gu Xiguang, who was so busy with official duties and many people who wanted to see him had to make an appointment and queue up, arrive in Quancheng so quickly?

"Dongling Hi-Tech's Chitu electric bicycle project is targeted at the domestic market in the short term!

Cars will replace motorcycles in the future, and Dongling Hi-Tech's goal is to promote electric bicycles as a new means of transportation for personal travel, hoping that they can replace bicycles in the future.

Every family will own one or more electric bicycles! ”

When they heard the target of Chitu electric bicycles for the first time, Gu Xiguang, Yue Honggao, Xiang Yuan, Peng Huaizhi and others obviously took a breath of cold air.

This goal is indeed ambitious. If it is really achieved and electric bicycles replace pedal bicycles, how big the market size will be? Gu Xiguang and others can't even imagine it!

China is now the world's largest bicycle producer and owner. If electric bicycles really replace bicycles, Gu Xiguang feels his scalp tingling when he thinks about the streets in the future being filled with electric bicycles instead of bicycles.

Will electric bikes replace bicycles?

Yue Honggao and Xiang Yuan both felt that it was a little unlikely, but what if it really happened? Now they truly understood why so many places were flocking to Dongling Hi-Tech's project. It hasn't even started yet, but the pie in the sky is already so tempting!

If it really succeeds, then Chitu Electric Bicycle will definitely become a giant company, and its influence may not be weaker than Torch Group. At this moment, Yue Honggao understood the feelings of Wu Yaoguo, general manager of Hanxi Guotou.

If this cake was drawn by someone else, no one present would believe it, or even have some doubts. But since it was proposed by Mr. Li, who could still question it?

"Does electric bicycles really have a chance to replace bicycles in the future?" Gu Xiguang couldn't help but ask Li Dongling.

If there is really a chance to achieve this step, then Gu Xiguang knows that Dongling Hi-Tech is real and has established a new track!
The biggest reason why Dongling Hi-Tech is different from other domestic companies is that most domestic companies are following overseas companies for food, that is, they are copying and imitating overseas technology companies, especially those in Japan, almost to the point of following their example.

However, since its debut, Dongling Hi-Tech has always been unique, leading the direction of the industry and establishing a new track!

It even makes Japanese, Korean and overseas companies follow Dongling Hi-Tech and beg for food. This is the biggest difference between Dongling Hi-Tech and other companies.

“Technology is constantly developing, and more convenient and fast technological products will definitely replace the original products.

As long as we can launch safe and qualified electric bicycle products, there is a great chance that they will become a new means of transportation for countless people! "

Li Dongling looked at Gu Xiguang, "For Chitu Electric Bicycle, we hope that the Economic and Trade Commission can coordinate with the Transportation Bureau, Light Industry Bureau, Fire Department, Marketing Director, Emergency Management and other departments to establish a national electric bicycle association with Chitu Electric Bicycle, Kunpeng Power Energy Company and others!"

(End of this chapter)