super energy power

"Manager Wen, Dahua's investigation report is ready." The secretary put a 300-page white paper on the table.

"It's finally done." Wen Zhaohong looked at the "Dahua Report" on the cover with red eyes, wishing he could fall down on the table and fall asleep immediately.

A week ago, he followed the instructions of Sinopec General Manager Xuan to investigate Dahua Industrial.For Sinopec executives to make decisions.Sinopec is the only large state-owned enterprise that is really interested in the Haicang project. Similar to Formosa Dahua, they also expect to be wholly owned or to hold as many shares as possible.

Under the pressure of the top management, dozens of Wen Zhaohong's leaders worked overtime, and finally completed the basic investigation-this kind of investigation is quite difficult in Chinese shopping malls where everything must be done by oneself.

On January 1, while the investigation report was still being printed, Wen Zhaohong heard the news that Dahua Industrial Group had won $16 million in the London oil futures market.

Didn't say, the investigation report was redone.

$2 million doesn't affect the big picture.Wen Zhaohong thought so at the time. The 300-page investigation report only changed less than [-] pages. It was just a day and a night of overtime work.

Wen Zhaohong stayed up for another day and night, his eyes were like rabbits, and then he heard that Dahuashi Group won another 4+4 million US dollars in the London futures market.

$4 million in cash and $4 million in book profits is enough to change and overturn the entire investigative report.

Wen Zhaohong resignedly announced that the investigation report had to be redone. In order to catch up with the time, the person who had just returned home from vacation was pulled back, and then another person from the office was added to balance the weak guy.

This time, he revised the 0-page report and came to a different conclusion.

Wen Zhaohong picked it up, read it again, and after confirming that it was correct, he held up his energy and said: "Okay. I'll show it to the general manager. You all go to rest."

The secretary stumbled out and announced, and he hadn't slept for two days.

There were bursts of cheers from outside.

The employees who participated later became rabbits, and those who joined in the front were like skinned rabbits.Not only the eyes were red, but the whole body was red.

Three days without sleep, just to do the investigation report of Dahua Industrial Group.Wen Zhaohong shook his head.A week ago, he could say it wasn't worth it, but now he can't.

Dahua Industrial Co., Ltd., which is sitting on US$10 billion, can be stronger than any other enterprise in China.Its assets are naturally not as large as PetroChina or Sinopec, but its cash flow was one of the best in the early 90s.

While state-owned enterprises gain national advantages, they will also become bloated and bureaucratic.It is impossible for Sinopec to want US$10 billion. They need to break down the tasks step by step and obtain funds separately.Even so, $10 billion is a lot of work.

One general manager can do this twice.That's something to be proud of.

Wen Zhaohong took a last look at Dahua Industrial's funds, and suddenly thought of the question Kang Qingfeng asked a few weeks ago: "Does Dahua Industrial have 5 million US dollars?"

That is the minimum amount of capital to independently start an ethylene project.

Now it seems.Dahua explained this issue.

Think here.Wen Zhaohong could only lament the good luck of Sioux City, and then picked up the investigation report.Ready to go to the general manager's room.

The secretary came back suddenly.

"What's wrong?" Wen Zhaohong doesn't like "surprises" now.

"Oil has dropped another two dollars." The secretary didn't want to say it, but he had to.

Wen Zhaohong couldn't concentrate, and asked in a daze, "Then what's wrong?"

"Dahua Industrial's book profit is 8500 million US dollars, at least."

"Tell me if it exceeds [-] million. The investigation report is not a draft, and you can change it if you want." Wen Zhaohong's bad temper is sleepy.

The secretary gasped and whispered, "The previous 4000 million US dollars was not included."

"What $4000?"

"The $1 that fell from last night to today has not been included, so Dahua has made a profit of another $1.2 million, or 1.3 million."

"One day?" Wen Zhaohong knew he had asked a stupid question.Of course, Dahua can earn hundreds of millions of dollars in a day, so what is [-] million dollars?

The bad part is that the investigative report has to be rewritten again.

Wen Zhaohong suddenly had the urge to vomit blood, and it took him a long time before he said, "Go get someone here."

"Yes... But, everyone is a little bit overwhelmed." The secretary knew that there was going to be such a mess, but it was really painful. He kept staying up all night to revise the survey, risking that the survey would be revised again... Indeed It's tiring and pointless.

Wen Zhaohong waved his hands wearily, and said: "The more this is the case, the more we must persist. Dahua's problem is urgent."

The secretary had no choice but to run out of the room, and soon, the outside room was filled with mourning.

Wen Zhaohong can't control so much anymore. For Sinopec, the ethylene project is a very serious topic.Just like Taiwan Petroleum Corp. is unwilling to build Sixth Light Industry Co., Ltd., Sinopec is also unwilling to have other companies get involved in upstream chemical raw materials. For their industry status and market share, the threat of 70 tons of ethylene is too great .

Sinopec cannot prevent domestic political missions, and preventing Dahua Industrial from getting involved has become a top priority.

In the past, they did not take Dahua Industrial seriously, and how could they take over the 70-ton ethylene project casually.

It wasn't until Dahua Industrial's funds exceeded US$10 billion that Wen Zhaohong became anxious.

It should be said that the entire senior management of Sinopec is in a hurry.

They sat together and discussed for two days. After brainstorming, they designed the negotiation process for the replacement Haicang plan, and they were waiting for Dahua Industrial or other companies to negotiate.

Two days later.

three days later.

There has been no news from Dahua.

It wasn't until a week later that news came from Zhangzhou: Dahua Industrial had resumed work, and the scale was even bigger than before.

Dahua is an independent private company. As long as it has money, it can build factories and expand its scale without any problems.Sinopec is a standard state-owned enterprise, and there are certain regulations in what it does, so it cannot build factories as it pleases.

How can they go to Haicang to build a factory when the plan between Formosa Plastics and Haicang has not yet been finalized?

Then, the situation became weird.

Before the outbreak of the Gulf War, Formosa Plastics' intention to delay had already been exposed.However, due to the Gulf War, Wang Yongqing's meeting with the central leadership was postponed until early February.

In the middle of mid-January and early February, Sioux City not only expanded the methanol plant, but also made more preparations. He established a separate ethylene department, began to purchase suitable ethylene equipment, and purchased a large ethylene plant by himself. drawings and surveyed the land.

The latter was done with the help of Emerging Group.

These tasks are all pre-works of the Haicang Project. Formosa Plastics did some of them, while Sinopec and PetroChina did not do any of them.

It can be said that taking advantage of this time difference, Sioux City once again walked ahead of Sinopec, and walked ahead with a check.

……