super energy power
Chapter 268 What a shame
Early in the morning, Su Cheng, Zhong Zhigen and Yang Ming walked to the meeting room in the fifth small building.
The decoration of the room was antique, and after the table was removed, it was surrounded by wooden chairs, and there were chairs behind the chairs for the use of the entourage.
Minister Xu from the Ministry of Energy and Kang Qingfeng from Sinopec were the first to arrive.Minister Xu came from the Ministry of Coal. After the reform of the Ministry of Coal, he went to the Ministry of Energy to do safety and environmental duties. He never cared about oil. Fortunately, Su Cheng had no chance to offend him. smile.Kang Qingfeng used to represent Sinopec in bidding for the Seitan Oilfield. He is an older returnee. Unlike students who studied abroad when they were teenagers, Kang Qingfeng’s thinking mode is still Chinese. certain status.
Representatives from the Ministry of Energy and Sinopec sat against the wall, forming an interesting combination.On the one hand, they are the unit most likely to have a relationship with the Haicang Project, and on the other hand, they have sent two people who are least likely to make a decision.Kang Qingfeng's status is a bit low, and Minister Xu's position is a bit crooked.From the selection of candidates, we can see the mentality of the two units wanting to refuse.
Director Mao sat at the place closest to the door, and greeted every group of people who came in with a smile on his face.
As expected, the representatives of PetroChina and CNOOC came very late, and walked in the door almost at the right time.The representative of CNOOC, surnamed Qin, came out alone, slapped twice, and then leaned on the chair inside to catch up on sleep, with the look of "I'm here to be cute and ignore me".The representative of CNPC is Liu Bing, the old boss of Sioux City.
Three or four years have passed, old man Liu's beard and hair are all gray, and his smile is still out of shape. He sits opposite Su Cheng, blinking and blinking.Curiosity towards Sioux City is far greater than Sioux City's curiosity about him.It also looks like an expression of coming to make soy sauce.
In addition, the Bank of China and China Development Bank, as well as the State Council also sent personnel to observe.The size of the conference seemed quite large, but it was hard to tell how many people really wanted to attend.
Everything seemed effortless.Some are like a breakfast meeting, some are like a tea party, some are like a touching class meeting to recall bitterness and sweetness, and in short, it is not like a formal meeting to decide on a multi-billion dollar project.No one, it seems, wants to decide on this multibillion-dollar project either.
Everyone has a look of impatience going through the motions.
Perhaps, for them, this is a cutscene.
Those who have the right to make decisions dare not come, for fear of being apportioned financial tasks.People who have no right to make decisions are here, not just going through the motions... Su Cheng thought of this.Suddenly sat up straight and put away all negative emotions.
Looking around, except for the host, Director Mao.The only one capable of making decisions.It turned out that there was only Su Cheng himself.Several other major companies and the banking system have invariably sent weak or misplaced representatives.
As for Director Mao.He is the deputy director of the Development and Reform Commission.A person who makes policy, but does not directly intervene in economic projects.
Su Cheng's thoughts suddenly became clear, and he quickly calculated.
Others were still immersed in the state of the meeting, showing off the results of their party school training.
Director Mao didn't take it seriously, and announced the start of the meeting when the time was up, and said with a smile: "We are meeting today to get to know each other and not make a decision. Everyone is a representative, and I am also chairing the meeting on behalf of the central leadership. So , today's meeting, everyone is free to play, who will talk about it?"
Everyone was silent for a while, but their expressions were relaxed.
Director Mao had expected it a long time ago, and directly called out: "Minister Xu, what do the Ministry of Energy think?"
"We resolutely obey the decision of the central government. Within the ministries and commissions, they tend to support the implementation of the Haicang plan. Whether it is Formosa Plastics or us, we must continue to do it." Minister Xu said all the useless truth : "We believe that the best result is still done by Formosa Plastics. In addition to ethylene and oil refining equipment, it is equally important to attract Taiwan's downstream factories to set up factories in the mainland, which has a strong demonstration significance. Of course, if Formosa Plastics finally If we decide not to make it, we can't let them decide, we can do it ourselves."
Su Cheng looked at him with straight eyes, thinking: If you say it, it means you didn't say it.
Everyone knows this is the best situation, but the good things you hope for don't always happen.The position of Minister Xu determines that standing up and talking does not hurt the back. The Ministry of Energy does not need to spend money to build petrochemical plants, and it is a purely government agency, so it follows the central government's ideas and there are no messy differences.
This is what Director Mao wanted, and he nodded in satisfaction and said, "We are not yet sure that Formosa Plastics will withdraw from the Haicang plan. Wang Yongqing's coming to talk shows that they are still interested, and it is normal to propose amendments, as the saying goes. , the buyer is the one who suspects the goods. (Full-text novels are updated the fastest) We have to distinguish carefully, but don’t drive them away just because of our own worries.”
In his words, [-]% of them are talking about keeping Formosa Plastics, but it also shows the hesitation of the central government.
In fact, Formosa Plastics used the Haicang plan to put pressure on the Taiwan authorities, and some leaders may be happy to see it succeed.Regardless of whether it failed or not, mainland China first gained the attention of the international community and broke through the blockade of Western countries in a sense. This is a typical tactic of exchanging politics for economics.
But in the process, mainland China hoped that Formosa Plastics would do the fake show for real, and paid more and more, but Formosa Plastics was determined and perfunctory more and more...
It seems like I can't hold on anymore.
However, the government's policy inertia is far greater than that of enterprises.Unless Formosa Plastics definitely says that it wants to withdraw, the mainland will always stick to it.
Su Cheng thought with no malice: The leader who decided on the Haicang plan couldn't hold on to it for two years and then slap himself in the face and say that it can't go on.
If there is no external force, this plan will be like many Chinese projects or Chinese studies, which starts off well, makes the process in full swing, and then quietly disappears from everyone's sight.As if nothing happened.
Su Cheng pierced the window paper all at once, thus ending the honeymoon between the two parties and raising the government's bargaining chip in a disguised way.It’s almost 1991. If Formosa Plastics doesn’t prepare some dry goods, there’s no need to continue playing this game of what you want, and the Chinese side won’t take the initiative again if you want to come to China.
This meeting can be regarded as the attitude of the central government.What everyone is discussing is the Haicang plan to replace Formosa Plastics.
It's just that, out of departmental interests, other units don't want to foolishly bump into it to do the background.
This is a multi-billion dollar project.Remove water and ocean-going fleets and other supporting items.Let alone three or four billion US dollars, how can we say that the next one will be the next one.At the very least, there must be three ups and three downs.Three requests and three speeches, presenting facts and reasoning.Let the central government sign the note of forgetting the past, give some policies that are not usually available, and promise some conditions that have been wanted for a long time... The central government can't be unreasonable.
China also has its own characteristic separation of powers—the central government, ministries and commissions, and local governments are the three poles, and no one can be the sole husband.The days of centralized power are long gone.
In China in 1990, only things that the central government, local governments, and ministries wanted to do could be done vigorously and beautifully.
Director Mao had his own account, smiled again, and turned his gaze to Kang Qingfeng.Wen Yan said: "What about Sinopec's opinion?"
Kang Qingfeng moved a few times uneasily. He was trying to get the ducks on the shelves to be a messenger for Sinopec's senior management. He frowned slightly and said, "We are under a lot of financial pressure."
Too much to say.He cherishes words like gold.
Chairman Mao asked predictably: "If Sinopec's funding problem is solved, will it be able to support this petrochemical base?"
"We have no relevant preparations, and we need to do some more research." Kang Qingfeng fooled Director Mao with "research" without hesitation.
Even senior officials of the National Development and Reform Commission at the deputy ministerial level.Facing such a classic national quintessence, there is nothing to do.
Director Mao's expression remained unchanged, and his neck continued to turn, facing the representative of PetroChina, Liu Bing and Minister Liu.
Su Cheng was stuck in the gap and did not let him ask further, suddenly laughed twice, and said: "Director Kang, is Sinopec ready?"
Liu Bing was stopped, but a smile appeared on his face, and his hands were safely placed on his knees, looking like he was watching a good show.
Kang Qingfeng hadn't been liberated from the state of listening to lectures at the party school, so he asked in surprise, "What?"
Su Cheng said unhurriedly: "70 tons of large-scale ethylene needs to be prepared for the introduction of complete sets. Based on Dahua Industrial's experience in introducing large-scale methanol, the larger and more complicated the equipment, the more time it takes to train skilled workers. The longer it is, the equipment company will have to conduct interviews and inspections, otherwise it will not be able to hand over the key. Sinopec must be at least one year in advance. That is to say, before December 1991, Sinopec could not even do a trial run. In addition, the installation requires initial training for employees , about 12 months, so calculated, before March 3, you couldn’t do a test run? Another thing, you didn’t do the investigation procedure before purchasing the equipment, and you didn’t prepare the funds.”
Kang Qingfeng's order was to observe the situation, and he said with a heartless smile, "It's understandable that such a large project will take a long time."
Su Cheng ignored him and turned to the banker.He only remembered the representative of the Bank of China, and asked, "Manager Jiang, how long will it take you to decide to lend to such an object?
Manager Jiang was stunned.
Director Mao moved his nose slightly, and said with a smile, "Tell me."
Manager Jiang of the Bank of China had no choice but to say: "If it is really necessary to go through the inspection of the equipment supplier, then we have to wait until the inspection of the supplier is over before considering lending money."
Su Cheng faced Kang Qingfeng and said, "In this way, Sinopec needs to prepare 7 to 14 billion US dollars of its own funds. How long will it take? Three months is not enough... Actually, I said so much for one purpose. Mr. Kang, if Sinopec is involved in the Haicang project, will it be able to start production by 1995?"
"I don't know about this." Kang Qingfeng didn't know whether to laugh or cry. He and Sioux Cheng had been dealing with each other in Abu Dhabi for a long time. At this time, he seemed to wake up from a start, but he was weak in coping.
Su Cheng didn't relax, and continued to ask: "Although Sinopec has a lot of funds, it also spends a lot. The budget for 1991 has been arranged. If the bank can't lend money, won't the Haicang plan be considered until next year? This kind of preparation Speed, what's the point of taking over the Haicang project?"
If the policy is really to be reached, a budget increase is not out of the question.However, Sinopec has not yet decided whether to take over the Haicang project, so it is naturally impossible to talk about policies.Moreover, this was beyond Kang Qingfeng's decision range.
Kang Qingfeng looked at Su Cheng, pondering what he meant, his head swelled when he thought about it.
The mentality of the companies present is different.If Sinopec wants to be a petrochemical base in Haicang, of course it does. This kind of large-scale petrochemical project should be the lifelong pursuit of petrochemical enterprises.However, the mentality of doing more and making more mistakes is affecting him again, in case the $70 billion Haicang plan fails.Senior leaders must take off the belt and hang it up...
When the former is afraid of wolves and the latter is afraid of tigers.Getting them to say "I'll do it" is harder than heaven.However, it is not easy to get them to say "I will not do it".
Kang Qingfeng just froze.Trying to figure out what Su Cheng was thinking.
Director Mao coughed and said with a smile, "Su Dong, what is Dahua thinking?"
Su Cheng secretly wiped his sweat.I thought to myself, it's really not easy to find a fan.
In a blink of an eye, Su Cheng made a facelift and said: "Director Mao, I want to prove that the method of determining investment based on the proportion of capital contribution is incorrect."
At this moment, the representative of CNOOC who made soy sauce raised his head, looked at Su Cheng's teeth horizontally and vertically, wondering how he would catch and bite whom.
Director Mao also said helplessly, "How did you prove it?"
Sioux City spread his hands and said, "Sinopec will not be able to build a petrochemical base by 1995. Dahua Industrial can build it in just two years. Isn't this a clear proof?"
Kang Qingfeng was in a hurry: "I didn't say that a petrochemical base would not be built in 1995..."
"If Dahua can't build a petrochemical base of 2 tons of ethylene within two years, it can be disposed of at will." Sioux City still left a leeway when speaking.Let it be dealt with is actually an excuse, just to show your attitude.
However, Kang Qingfeng has no right to explain his attitude.Not even an excuse.Sitting there helplessly, staring wide-eyed.
Director Mao smoothed things over and said, "Whether the Haicang project can be completed within two years has anything to do with the proportion of capital contribution?"
"If the central government decides to build it in 1995, it can be done. Dahua Petrochemical Company can do it as a sole proprietorship, with an annual investment of 7 million U.S. dollars. We don't need any Haicang plans. We can apply independently. Can the National Development and Reform Commission approve it? , did not make any preparations, it is better to just put away the funds and distribute dividends."
Director Mao had to admit that Sioux Cheng's argument was very reasonable.If Dahua Industrial applies for a large ethylene project independently, it is indeed very likely to be approved if the Haicang project is suspended or terminated, but the procedures are more complicated and the conditions are more stringent than those for taking over the Haicang project.
At this time, Director Mao suddenly understood why Sioux City was so active in the Haicang plan.
The central government gave 15000 hectares of land for free, invested hundreds of millions of yuan in leveling costs in advance, and designated a special zone... Except for Formosa Plastics, no company in China can offer such policies and benefits.
Formosa Plastics did not do it because of its high vision. For Dahua Industrial, this is indeed a good foundation.
The only voice in the meeting room was Sioux Cheng: "Sinopec is not ready to complete the Haicang project at all, but Dahua has been preparing for more than a year. Therefore, I suggest that for the sake of completing the Haicang project as soon as possible, the proportion of capital contribution should be only [-]%. As a reference for dividends, the management and construction rights are handed over to Dahua."
There was starlight in Su Cheng's eyes.Such a huge petrochemical base will have a huge impact on the domestic and international petrochemical markets. It is like owning a lake, where you can raise any fish you want, but the difference is that you earn more and less.
Kang Qingfeng finally understood the trap of Sioux City. He wanted Sinopec to pay, but he didn't want Sinopec to have the right to operate it.It is equivalent to treating Sinopec as a bank, not only a bank of funds, but also a bank of manpower and technology.
Of course not.Kang Qingfeng tried his best to argue: "It is the most normal model to form a board of directors according to the proportion of capital contribution..."
"Has Sinopec decided to take over the Haicang project?" Su Cheng interrupted him.
Kang Qingfeng opened and closed his mouth twice, unable to continue.He is not qualified to say "decided to take over".
Su Cheng then continued: "The current situation is not about who will take over the Haicang project, but that Sinopec is unable to take over the Haicang project at all. Therefore, it is better for Dahua Industrial to take over. Sinopec's investment and dividends and other conditions, don't everyone get what they want?"
"But you have no money."
"The start-up capital is only 7 million U.S. dollars. If the production time is extended, the required capital will also be reduced."
Kang Qingfeng laughed angrily, and said, "Does Dahua have 5 million US dollars now?"
Su Cheng asked: "Does Sinopec have one? I can clearly give Dahua Industrial's financing timetable, can you?"
Kang Qingfeng was speechless.At his level, how can he know the financial status of the Petrochemical Corporation.
Minister Xu of the Ministry of Energy could not just sit back and watch Dahua "snatch" the Haicang project, so he had to say: "Formosa Plastics hasn't withdrawn from the Haicang project yet, so please don't worry."
Su Cheng spread his hands and said, "What if they quit?"
Minister Xu hesitated, he was in charge of environmental protection and safety supervision, how could he answer this question, so he looked at Director Mao.
Director Mao saw that Su Cheng was fighting with Confucians, and said with a headache: "We are a symposium today, and we don't make a decision, oh, we don't make a decision."
Su Cheng nodded noncommittally.
As soon as everyone relaxed, Su Cheng turned around and said to the back, "Trouble, give me a copy of the meeting minutes, I want to write a report."
It was Director Mao's secretary who made the record, and the person who consulted looked at him.
Liu Bing narrowed his eyes, and said to help: "Give me a copy of the meeting minutes too. I have a bad memory, and I need to report back."
Copying meeting minutes is a normal procedure. Director Mao may make a special case not to approve it for the private business owner Sioux City, but he cannot deny it to Liu Bing.
Thinking that Su Cheng could get a copy from Liu Bing, Director Mao didn't bother to be a villain, so he waved his hand and said, "Give each unit a copy of the meeting minutes. It will be copied out in a while."
Liu Bing winked at Su Cheng triumphantly, and at the same time lamented this guy's audacity.A small private company actually delusionally wants a ministerial-level state-owned company with assets of tens of billions of dollars to act as its private bank. If this is the case, only Su Cheng can say it.
Liu Bing put himself in the position of the leader of Sinopec and thought, and felt that his lungs were inflated, which is really exasperating!
……
The decoration of the room was antique, and after the table was removed, it was surrounded by wooden chairs, and there were chairs behind the chairs for the use of the entourage.
Minister Xu from the Ministry of Energy and Kang Qingfeng from Sinopec were the first to arrive.Minister Xu came from the Ministry of Coal. After the reform of the Ministry of Coal, he went to the Ministry of Energy to do safety and environmental duties. He never cared about oil. Fortunately, Su Cheng had no chance to offend him. smile.Kang Qingfeng used to represent Sinopec in bidding for the Seitan Oilfield. He is an older returnee. Unlike students who studied abroad when they were teenagers, Kang Qingfeng’s thinking mode is still Chinese. certain status.
Representatives from the Ministry of Energy and Sinopec sat against the wall, forming an interesting combination.On the one hand, they are the unit most likely to have a relationship with the Haicang Project, and on the other hand, they have sent two people who are least likely to make a decision.Kang Qingfeng's status is a bit low, and Minister Xu's position is a bit crooked.From the selection of candidates, we can see the mentality of the two units wanting to refuse.
Director Mao sat at the place closest to the door, and greeted every group of people who came in with a smile on his face.
As expected, the representatives of PetroChina and CNOOC came very late, and walked in the door almost at the right time.The representative of CNOOC, surnamed Qin, came out alone, slapped twice, and then leaned on the chair inside to catch up on sleep, with the look of "I'm here to be cute and ignore me".The representative of CNPC is Liu Bing, the old boss of Sioux City.
Three or four years have passed, old man Liu's beard and hair are all gray, and his smile is still out of shape. He sits opposite Su Cheng, blinking and blinking.Curiosity towards Sioux City is far greater than Sioux City's curiosity about him.It also looks like an expression of coming to make soy sauce.
In addition, the Bank of China and China Development Bank, as well as the State Council also sent personnel to observe.The size of the conference seemed quite large, but it was hard to tell how many people really wanted to attend.
Everything seemed effortless.Some are like a breakfast meeting, some are like a tea party, some are like a touching class meeting to recall bitterness and sweetness, and in short, it is not like a formal meeting to decide on a multi-billion dollar project.No one, it seems, wants to decide on this multibillion-dollar project either.
Everyone has a look of impatience going through the motions.
Perhaps, for them, this is a cutscene.
Those who have the right to make decisions dare not come, for fear of being apportioned financial tasks.People who have no right to make decisions are here, not just going through the motions... Su Cheng thought of this.Suddenly sat up straight and put away all negative emotions.
Looking around, except for the host, Director Mao.The only one capable of making decisions.It turned out that there was only Su Cheng himself.Several other major companies and the banking system have invariably sent weak or misplaced representatives.
As for Director Mao.He is the deputy director of the Development and Reform Commission.A person who makes policy, but does not directly intervene in economic projects.
Su Cheng's thoughts suddenly became clear, and he quickly calculated.
Others were still immersed in the state of the meeting, showing off the results of their party school training.
Director Mao didn't take it seriously, and announced the start of the meeting when the time was up, and said with a smile: "We are meeting today to get to know each other and not make a decision. Everyone is a representative, and I am also chairing the meeting on behalf of the central leadership. So , today's meeting, everyone is free to play, who will talk about it?"
Everyone was silent for a while, but their expressions were relaxed.
Director Mao had expected it a long time ago, and directly called out: "Minister Xu, what do the Ministry of Energy think?"
"We resolutely obey the decision of the central government. Within the ministries and commissions, they tend to support the implementation of the Haicang plan. Whether it is Formosa Plastics or us, we must continue to do it." Minister Xu said all the useless truth : "We believe that the best result is still done by Formosa Plastics. In addition to ethylene and oil refining equipment, it is equally important to attract Taiwan's downstream factories to set up factories in the mainland, which has a strong demonstration significance. Of course, if Formosa Plastics finally If we decide not to make it, we can't let them decide, we can do it ourselves."
Su Cheng looked at him with straight eyes, thinking: If you say it, it means you didn't say it.
Everyone knows this is the best situation, but the good things you hope for don't always happen.The position of Minister Xu determines that standing up and talking does not hurt the back. The Ministry of Energy does not need to spend money to build petrochemical plants, and it is a purely government agency, so it follows the central government's ideas and there are no messy differences.
This is what Director Mao wanted, and he nodded in satisfaction and said, "We are not yet sure that Formosa Plastics will withdraw from the Haicang plan. Wang Yongqing's coming to talk shows that they are still interested, and it is normal to propose amendments, as the saying goes. , the buyer is the one who suspects the goods. (Full-text novels are updated the fastest) We have to distinguish carefully, but don’t drive them away just because of our own worries.”
In his words, [-]% of them are talking about keeping Formosa Plastics, but it also shows the hesitation of the central government.
In fact, Formosa Plastics used the Haicang plan to put pressure on the Taiwan authorities, and some leaders may be happy to see it succeed.Regardless of whether it failed or not, mainland China first gained the attention of the international community and broke through the blockade of Western countries in a sense. This is a typical tactic of exchanging politics for economics.
But in the process, mainland China hoped that Formosa Plastics would do the fake show for real, and paid more and more, but Formosa Plastics was determined and perfunctory more and more...
It seems like I can't hold on anymore.
However, the government's policy inertia is far greater than that of enterprises.Unless Formosa Plastics definitely says that it wants to withdraw, the mainland will always stick to it.
Su Cheng thought with no malice: The leader who decided on the Haicang plan couldn't hold on to it for two years and then slap himself in the face and say that it can't go on.
If there is no external force, this plan will be like many Chinese projects or Chinese studies, which starts off well, makes the process in full swing, and then quietly disappears from everyone's sight.As if nothing happened.
Su Cheng pierced the window paper all at once, thus ending the honeymoon between the two parties and raising the government's bargaining chip in a disguised way.It’s almost 1991. If Formosa Plastics doesn’t prepare some dry goods, there’s no need to continue playing this game of what you want, and the Chinese side won’t take the initiative again if you want to come to China.
This meeting can be regarded as the attitude of the central government.What everyone is discussing is the Haicang plan to replace Formosa Plastics.
It's just that, out of departmental interests, other units don't want to foolishly bump into it to do the background.
This is a multi-billion dollar project.Remove water and ocean-going fleets and other supporting items.Let alone three or four billion US dollars, how can we say that the next one will be the next one.At the very least, there must be three ups and three downs.Three requests and three speeches, presenting facts and reasoning.Let the central government sign the note of forgetting the past, give some policies that are not usually available, and promise some conditions that have been wanted for a long time... The central government can't be unreasonable.
China also has its own characteristic separation of powers—the central government, ministries and commissions, and local governments are the three poles, and no one can be the sole husband.The days of centralized power are long gone.
In China in 1990, only things that the central government, local governments, and ministries wanted to do could be done vigorously and beautifully.
Director Mao had his own account, smiled again, and turned his gaze to Kang Qingfeng.Wen Yan said: "What about Sinopec's opinion?"
Kang Qingfeng moved a few times uneasily. He was trying to get the ducks on the shelves to be a messenger for Sinopec's senior management. He frowned slightly and said, "We are under a lot of financial pressure."
Too much to say.He cherishes words like gold.
Chairman Mao asked predictably: "If Sinopec's funding problem is solved, will it be able to support this petrochemical base?"
"We have no relevant preparations, and we need to do some more research." Kang Qingfeng fooled Director Mao with "research" without hesitation.
Even senior officials of the National Development and Reform Commission at the deputy ministerial level.Facing such a classic national quintessence, there is nothing to do.
Director Mao's expression remained unchanged, and his neck continued to turn, facing the representative of PetroChina, Liu Bing and Minister Liu.
Su Cheng was stuck in the gap and did not let him ask further, suddenly laughed twice, and said: "Director Kang, is Sinopec ready?"
Liu Bing was stopped, but a smile appeared on his face, and his hands were safely placed on his knees, looking like he was watching a good show.
Kang Qingfeng hadn't been liberated from the state of listening to lectures at the party school, so he asked in surprise, "What?"
Su Cheng said unhurriedly: "70 tons of large-scale ethylene needs to be prepared for the introduction of complete sets. Based on Dahua Industrial's experience in introducing large-scale methanol, the larger and more complicated the equipment, the more time it takes to train skilled workers. The longer it is, the equipment company will have to conduct interviews and inspections, otherwise it will not be able to hand over the key. Sinopec must be at least one year in advance. That is to say, before December 1991, Sinopec could not even do a trial run. In addition, the installation requires initial training for employees , about 12 months, so calculated, before March 3, you couldn’t do a test run? Another thing, you didn’t do the investigation procedure before purchasing the equipment, and you didn’t prepare the funds.”
Kang Qingfeng's order was to observe the situation, and he said with a heartless smile, "It's understandable that such a large project will take a long time."
Su Cheng ignored him and turned to the banker.He only remembered the representative of the Bank of China, and asked, "Manager Jiang, how long will it take you to decide to lend to such an object?
Manager Jiang was stunned.
Director Mao moved his nose slightly, and said with a smile, "Tell me."
Manager Jiang of the Bank of China had no choice but to say: "If it is really necessary to go through the inspection of the equipment supplier, then we have to wait until the inspection of the supplier is over before considering lending money."
Su Cheng faced Kang Qingfeng and said, "In this way, Sinopec needs to prepare 7 to 14 billion US dollars of its own funds. How long will it take? Three months is not enough... Actually, I said so much for one purpose. Mr. Kang, if Sinopec is involved in the Haicang project, will it be able to start production by 1995?"
"I don't know about this." Kang Qingfeng didn't know whether to laugh or cry. He and Sioux Cheng had been dealing with each other in Abu Dhabi for a long time. At this time, he seemed to wake up from a start, but he was weak in coping.
Su Cheng didn't relax, and continued to ask: "Although Sinopec has a lot of funds, it also spends a lot. The budget for 1991 has been arranged. If the bank can't lend money, won't the Haicang plan be considered until next year? This kind of preparation Speed, what's the point of taking over the Haicang project?"
If the policy is really to be reached, a budget increase is not out of the question.However, Sinopec has not yet decided whether to take over the Haicang project, so it is naturally impossible to talk about policies.Moreover, this was beyond Kang Qingfeng's decision range.
Kang Qingfeng looked at Su Cheng, pondering what he meant, his head swelled when he thought about it.
The mentality of the companies present is different.If Sinopec wants to be a petrochemical base in Haicang, of course it does. This kind of large-scale petrochemical project should be the lifelong pursuit of petrochemical enterprises.However, the mentality of doing more and making more mistakes is affecting him again, in case the $70 billion Haicang plan fails.Senior leaders must take off the belt and hang it up...
When the former is afraid of wolves and the latter is afraid of tigers.Getting them to say "I'll do it" is harder than heaven.However, it is not easy to get them to say "I will not do it".
Kang Qingfeng just froze.Trying to figure out what Su Cheng was thinking.
Director Mao coughed and said with a smile, "Su Dong, what is Dahua thinking?"
Su Cheng secretly wiped his sweat.I thought to myself, it's really not easy to find a fan.
In a blink of an eye, Su Cheng made a facelift and said: "Director Mao, I want to prove that the method of determining investment based on the proportion of capital contribution is incorrect."
At this moment, the representative of CNOOC who made soy sauce raised his head, looked at Su Cheng's teeth horizontally and vertically, wondering how he would catch and bite whom.
Director Mao also said helplessly, "How did you prove it?"
Sioux City spread his hands and said, "Sinopec will not be able to build a petrochemical base by 1995. Dahua Industrial can build it in just two years. Isn't this a clear proof?"
Kang Qingfeng was in a hurry: "I didn't say that a petrochemical base would not be built in 1995..."
"If Dahua can't build a petrochemical base of 2 tons of ethylene within two years, it can be disposed of at will." Sioux City still left a leeway when speaking.Let it be dealt with is actually an excuse, just to show your attitude.
However, Kang Qingfeng has no right to explain his attitude.Not even an excuse.Sitting there helplessly, staring wide-eyed.
Director Mao smoothed things over and said, "Whether the Haicang project can be completed within two years has anything to do with the proportion of capital contribution?"
"If the central government decides to build it in 1995, it can be done. Dahua Petrochemical Company can do it as a sole proprietorship, with an annual investment of 7 million U.S. dollars. We don't need any Haicang plans. We can apply independently. Can the National Development and Reform Commission approve it? , did not make any preparations, it is better to just put away the funds and distribute dividends."
Director Mao had to admit that Sioux Cheng's argument was very reasonable.If Dahua Industrial applies for a large ethylene project independently, it is indeed very likely to be approved if the Haicang project is suspended or terminated, but the procedures are more complicated and the conditions are more stringent than those for taking over the Haicang project.
At this time, Director Mao suddenly understood why Sioux City was so active in the Haicang plan.
The central government gave 15000 hectares of land for free, invested hundreds of millions of yuan in leveling costs in advance, and designated a special zone... Except for Formosa Plastics, no company in China can offer such policies and benefits.
Formosa Plastics did not do it because of its high vision. For Dahua Industrial, this is indeed a good foundation.
The only voice in the meeting room was Sioux Cheng: "Sinopec is not ready to complete the Haicang project at all, but Dahua has been preparing for more than a year. Therefore, I suggest that for the sake of completing the Haicang project as soon as possible, the proportion of capital contribution should be only [-]%. As a reference for dividends, the management and construction rights are handed over to Dahua."
There was starlight in Su Cheng's eyes.Such a huge petrochemical base will have a huge impact on the domestic and international petrochemical markets. It is like owning a lake, where you can raise any fish you want, but the difference is that you earn more and less.
Kang Qingfeng finally understood the trap of Sioux City. He wanted Sinopec to pay, but he didn't want Sinopec to have the right to operate it.It is equivalent to treating Sinopec as a bank, not only a bank of funds, but also a bank of manpower and technology.
Of course not.Kang Qingfeng tried his best to argue: "It is the most normal model to form a board of directors according to the proportion of capital contribution..."
"Has Sinopec decided to take over the Haicang project?" Su Cheng interrupted him.
Kang Qingfeng opened and closed his mouth twice, unable to continue.He is not qualified to say "decided to take over".
Su Cheng then continued: "The current situation is not about who will take over the Haicang project, but that Sinopec is unable to take over the Haicang project at all. Therefore, it is better for Dahua Industrial to take over. Sinopec's investment and dividends and other conditions, don't everyone get what they want?"
"But you have no money."
"The start-up capital is only 7 million U.S. dollars. If the production time is extended, the required capital will also be reduced."
Kang Qingfeng laughed angrily, and said, "Does Dahua have 5 million US dollars now?"
Su Cheng asked: "Does Sinopec have one? I can clearly give Dahua Industrial's financing timetable, can you?"
Kang Qingfeng was speechless.At his level, how can he know the financial status of the Petrochemical Corporation.
Minister Xu of the Ministry of Energy could not just sit back and watch Dahua "snatch" the Haicang project, so he had to say: "Formosa Plastics hasn't withdrawn from the Haicang project yet, so please don't worry."
Su Cheng spread his hands and said, "What if they quit?"
Minister Xu hesitated, he was in charge of environmental protection and safety supervision, how could he answer this question, so he looked at Director Mao.
Director Mao saw that Su Cheng was fighting with Confucians, and said with a headache: "We are a symposium today, and we don't make a decision, oh, we don't make a decision."
Su Cheng nodded noncommittally.
As soon as everyone relaxed, Su Cheng turned around and said to the back, "Trouble, give me a copy of the meeting minutes, I want to write a report."
It was Director Mao's secretary who made the record, and the person who consulted looked at him.
Liu Bing narrowed his eyes, and said to help: "Give me a copy of the meeting minutes too. I have a bad memory, and I need to report back."
Copying meeting minutes is a normal procedure. Director Mao may make a special case not to approve it for the private business owner Sioux City, but he cannot deny it to Liu Bing.
Thinking that Su Cheng could get a copy from Liu Bing, Director Mao didn't bother to be a villain, so he waved his hand and said, "Give each unit a copy of the meeting minutes. It will be copied out in a while."
Liu Bing winked at Su Cheng triumphantly, and at the same time lamented this guy's audacity.A small private company actually delusionally wants a ministerial-level state-owned company with assets of tens of billions of dollars to act as its private bank. If this is the case, only Su Cheng can say it.
Liu Bing put himself in the position of the leader of Sinopec and thought, and felt that his lungs were inflated, which is really exasperating!
……
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