Chapter 373: Three Plans

The public opinion offensive against ST was obviously well planned, and the initial stage did not suddenly erupt on a large scale, but from the relatively second-tier well-known newspapers with low-density reporting, first cultivating a public opinion atmosphere.

The fact that a Chinese company can make money so efficiently really makes people who see the story curious. What kind of technology is it selling, is it really so important? It is worth paying tens of billions or billions of dollars?

As if stimulated by readers' feedback after the report, these newspapers began to dig into the in-depth news of ST one after another.

The inside story of Motorola and DuPont's transaction with ST has been leaked intermittently.

Tens of billions of transactions, there has not been much news on the market before, which is unreasonable. And the existence of Xinke Company has also made many people curious from the beginning, and gradually become a little vigilant.

In particular, some reports selectively disclose the details of the cooperation between Motorola and ST. For example, ST used Motorola fabs to train talent, and then sold its stake in a partner company to DuPont. These transactions, while all of them are true, are not all of them. The report does not draw any direct conclusions, but it portrays ST as an image that uses Motorola and then turns around and betrays it.

In the case of these reports, the deal with MTU has become a new technology company hijacking new technology to coerce innocent MTU companies, greedily using extortion methods to earn excess profits.

Even Hu Wenhai's cooperation with Cisco was dug up, completely forgetting that it was IBM that bought the shares of the Leonards at a low price, and in real history, Sequoia did only one praise, praising Sequoia Capital's foresight and understandable "business methods". In short, the monk can touch it - the Chinese can't touch it.

These reports seem to have been calculated to the most sophisticated, and they always appear inadvertently in the targeted media of a specific group of people at the most appropriate time for readers.

It is obvious that public opinion is preparing to be carried out in an intense and orderly manner, and I think it is known that there are people who want to have bad intentions towards ST. But who exactly is hiding behind these public opinions, and what is hidden under the iceberg is not known for the time being.

However, before the foreign public opinion offensive was detonated, Bohai Province caused a big storm because of the news that the province had made public in order to calm prices.

In order to stabilize the price of Dìng textiles, Bohai Province's future plan is not only to introduce a batch of high-quality long-staple cotton from the Middle East for emergency relief, but also to plan to establish a set of 500,000-ton large-scale chemical projects.

The so-called big chemical project, in the name that people are slightly familiar with thirty years later, is the PX project. PX, which stands for paraxylene, is an important raw material for synthetic fibers, that is, chemical fibers, which can replace cotton in the production of textiles.

The 500,000-ton chemical project in Bohai Province is expected to be completed and put into operation within one to two years, completely reversing the demand for textiles in Bohai Province and even in Northeast China.

This time is not tight, so as soon as the project was announced, the province started the preliminary preparation plan for the project.

All of a sudden, many petrochemical and chemical enterprises in Bohai Province have moved one after another, and their eyes have focused on Bohai Petrochemical Corporation.

Where can this 500,000-ton large chemical project be settled is really a result that makes people think about it.

Li Yu, the manager of the Bohai Branch of the Petrochemical Corporation, sat at the conference table and was silent, quietly listening to the people next to him gushing about a plan and breaking it up and telling it to the members of the party committee of the entire company.

Don't look at these members of the party committee, they seem to be working together. But in fact, the so-called Bohai Provincial Branch is just a concept, and the Bohai Provincial Petrochemical Industry Department is a set of teams and two brands. The deputy general managers here also have their own turf.

Some of them come from the oil production plant of the Liaohe Oilfield, some from the large oil refinery in Bohai Province, and some from the oil production equipment machinery factory and the Exploration and Development Research Institute. Even the deputy secretary of the party committee and the secretary of the discipline inspection commission are still held by a leader of the Bohai Provincial Public Security Department.

Different from those department-level units in the province, the members of the party committees of the Bohai Provincial Petrochemical Corporation are all masters who can have the final say on their own one-third of an acre of land. Behind each of them is a team that is actually not subordinate to each other.

"Regarding the location of large chemical projects, our plan is to exclude Xiucheng first. There are three reasons for the exclusion, the production capacity of one of its major chemical projects is considerable, which requires strong transportation capacity and local digestion capacity, and in this regard, Xiucheng Port is limited to natural conditions and limited capacity expansion. The Ministry of Railways is planning the Baiyin-Xiucheng coal transportation railway, which will occupy a considerable part of the capacity resources of Xiucheng Port in the future. ”

"Second, Xiucheng is planning to settle a set of PI production projects, although the production capacity is relatively low, but the added value is relatively high. It is more in line with the future urban positioning of Xiucheng, so this PX project is not ready to be fought for. ”

"Third, although China Railway Construction Investment Bank has not yet been fully established, it is foreseeable that as the headquarters of Xinke Company, Xiucheng will have an inextricable influence on the investment projects of China Railway Construction Investment Bank. The project is located in Xiucheng, which still has some impact on management issues, so Xiucheng has made it clear that it will not strive for the 500,000-ton large chemical project. ”

Indeed, China Railway Construction Investment Bank is still in the preparatory stage. Although backed by the Ministry of Railways and the People's Bank of China, the establishment of a bank does not happen overnight. The current progress can be said to be rapid, but the objective law can not be changed, personnel, venues, organizational structure and other aspects of work, at least one or two years China Railway Construction Investment Bank will be in a state of preparation and trial operation.

But the project waits for no one, and DuPont can't wait two years before allocating the 10 billion project -- DuPont agrees, and Mr. Hu will not agree. The $10 billion is in DuPont's hands and is depreciating every day.

Therefore, China Railway Construction Investment Bank can only catch ducks on the shelves and begin to exercise its own functions in the preparatory stage.

The first project in front of China Railway Construction Investment Bank is a 500,000-ton chemical project jointly built with the Bohai Branch of the Petrochemical Corporation.

The members of the Party Committee of the Bohai Provincial Petrochemical Corporation present heard the words of She Ying, chief of the Ninth Section of the Investment Department of China Railway Construction Investment Bank, and their faces showed expressions of tears and laughter. On the one hand, Xiucheng can not participate in the competition for large chemical projects, and everyone here can be said to be relieved. But on the other hand, the attitude of not caring revealed by Xiucheng also makes people not know what to say.

She Ying Jiuke waited for everyone in the conference room to digest the news, and then continued: "China Railway Construction Investment Bank provides a variety of cooperation plans to the petrochemical company, the import price of the first phase of this batch of 500,000-ton large chemical projects is 380 million US dollars, and the petrochemical company can choose to pay 380 million US dollars or 2.28 billion yuan to purchase this batch of equipment in full. ”

Before he finished his words, everyone shook their heads almost subconsciously. For the Petrochemical Corporation, the price of $380 million was almost the entire foreign exchange retention of the current year -- unlike high value-added industrial products such as mechanical and electrical products, the proportion of foreign exchange retained in the domestic export of raw materials and energy was quite low. The foreign exchange retention rate for mechanical and electrical exports is 50 per cent, while the foreign exchange retention rate for oil exports is 5 per cent.

The Ministry of Petroleum exports $7.6 billion in crude oil every year.

As for the quotation of 2.28 billion yuan, it was also calculated at a relatively reasonable exchange rate of 1 to 6. China Railway Construction Investment Bank really didn't want to make money from the petrochemical corporation on this, but the petrochemical corporation really couldn't afford this set of equipment on its own, and the petrochemical corporation in the 80s, which gritted its teeth and gritted its teeth, might be able to come up with it, but it certainly didn't leave so much mobile funds when the budget was formulated at the beginning of the year.

Seeing this, She Ying continued to throw out the following plan: "In addition, we can also provide other cooperation options. In the second plan, China Railway Construction Investment Bank will take the equipment as an investment and calculate the proportion of shares according to the investment of the entire project. ”

The people of the petrochemical company looked at each other and began to shake their heads again. Large chemical projects are capital and technology intensive, and if all the equipment is provided by China Railway Construction Investment, the distribution of shares may not be too good. As a manager and operator of the domestic petrochemical industry, how could the petrochemical corporation accept such an arrangement?

"Plan 3, project leasing. The large chemical project was leased to the Petrochemical Corporation after the completion of the China Railway Construction Investment Bank, and the entire project will be transferred to the Petrochemical Corporation free of charge after the lease has been completed for 20 years. However, during the lease period, the large chemical project must be subject to the supervision and management of China Railway Construction Investment Bank. ”

Hearing this, the people of the petrochemical company finally didn't make any more small moves. However, everyone is a human being, so I don't know that this third plan in the end is the cooperation method that China Railway Construction Investment prefers?

It can be said that among the three plans, the third plan is the most acceptable to the petrochemical company. But the most unacceptable is also the third option.

It is easy to accept, that is, the cost pressure is minimal, and after the construction of large chemical projects is completed, it will be leased to the petrochemical company, and they do not need to invest any resources, as long as they are out. Just kidding, there is a shortage of resources in the oil system, and the only thing that is not lacking is unemployed workers.

What's more, after 20 years of lease, the entire project is the petrochemical company's own, which is indeed very comfortable.

But the problem is that in the past 20 years, this large chemical project has to be subject to the supervision and management of China Railway Construction Investment Bank, which is not equivalent to someone breaking a bud in their own land?

This undoubtedly touches the core interests of the petrochemical corporation.

This is also the reason why Hu Wenhai contributed to China Railway Construction Investment Bank, like this kind of operation, if it were not for China Railway Construction Investment wearing a layer of state-owned enterprise skin, and the Ministry of Railways standing behind it, I am afraid that the petrochemical corporation would not even talk to you.

The equipment and technology he took from DuPont could only be disposed of at a low price, or even at a low price, to the petrochemical company.

The leaders of the Petrochemical Corporation, who were accustomed to being majestic in their own one-third of an acre, were really a little undecided for a while.

When there were two sounds, General Manager Li Yu knocked on the table, looked at the party committee members of the Provincial Petrochemical Corporation present with an expressionless face, and said in a deep voice: "Let's talk about opinions, which of the three plans is feasible?"

"Mr. Li, is this situation a decision for the head office?" someone next to him frowned, and said with some hesitation: "Such a big matter, our provincial company is not in charge, right?"

"Of course, for a large chemical project of 500,000 tons, the head office cannot be the master by itself. Li Yu glanced at the person who spoke, nodded and said: "On the issue of project approval, there must be a nod from the Planning Commission and the Economic Commission." You don't have to worry about this, the organizational procedures are already running, and it is estimated that there will be results soon. But we also have to have opinions on how to carry out the project, and the superior leaders will not let people speak?"

"What we said worked?"

"The higher-level leaders will fully consider everyone's opinions, after all, this is a project in Bohai Province. Li Yu simply didn't wait for others to take the initiative to speak, and called his name on the spot: "Vice President Cai, let's talk about it." ”

As Li Yu said, although it is inevitable that the large chemical project will have to cooperate with the petrochemical company, in the final analysis, this is a project in Bohai Province. The investment brought in by Bohai Province is built on the ground of Bohai Province to meet the large-scale chemical needs of Bohai Province and even the entire Northeast China. Since the project cannot be separated from Bohai Province, the higher-level leaders must show some respect for the opinions of local cadres.

For the Petrochemical Corporation, the Planning Commission, and the Economic Commission, what is needed is an additional 500,000 tons of paraxylene production in Bohai Province. As for the operation of the following, it is impossible for the head office to give specific guidance regardless of the opinions of the following.

"I think the first one is good. Vice President Cai played a trick and simply ordered the most unlikely and least infallible plan. The first plan is a wholly-owned acquisition, except for the petrochemical company, which has no money, which can be said to be an absolutely correct choice.

Li Yu didn't seem to react to his cheating and trickery, just hummed, and then continued: "Vice President Diao, what do you see?"

"If you want me to say ......" Vice President Diao gritted his teeth and said simply: "The third plan is more suitable, we will send people, China Railway Construction will invest in equipment and technology, and strong cooperation will be good for everyone." ”

"Well, what about Vice President Zhong's opinion?"

"I think the first one is good. ”

……

Li Yu slipped out of the vice presidents below one by one and listened to their opinions. Some people choose the first option, others are optimistic about the third, but no one chooses the second option. Everyone knows that the second type is meat buns and dogs, which have no other advantages except to set up competitors for themselves.

It wasn't until everyone had taken a stand that Li Yu's fingers kept tapping on the conference table, leaving him with no apparent attitude.

"All comrades have their own reasoning, and the choice before us, in my opinion, is not the first, second, or third plan, but only two plans. The first plan is to do this project. The second option is not to do this project. As for the full purchase or 20-year lease, we basically have no choice. We can't come up with the 2.28 billion yuan of funds ourselves, and no bank can lend such a large amount. So to do it, there is only a third option to choose from. and not to do ......"

Li Yu's gaze swept over the faces of everyone present, and although he did not finish his words, the meaning of his words could not be clearer.

The 500,000-ton chemical project in Bohai Province is related to price reform and the country's industrial layout. Although there are no factions in the party and there are all kinds of strange things, the organization has always been absolutely cracked down on small hills.

Of course, in the final analysis, the current petrochemical corporation is not the two barrels of oil of the future. On China's economic map, the power of the petroleum system has not yet grown to the point where people can talk about oil discoloration.

Although today's petrochemical corporation is the predecessor of two barrels of oil, its influence is very weak. Not to mention the Ministry of Railways, which is a ministry with real power, is the Ministry of Petroleum Industry, the superior of the Petrochemical Corporation, and it is just an ordinary Ministry of Industry with a fairly good ability to earn foreign exchange.

If you really want to say it, the China Shipbuilding Corporation, which has suddenly exploded in foreign exchange earnings this year, may speak in a tougher voice than the Petrochemical Corporation -- the China Shipbuilding Corporation's foreign exchange retention is 50 percent of the mechanical and electrical products, and the Petrochemical Corporation, which sells resources, can only be silent for men and women.

"I think everyone is clear that our Bohai branch can choose not to do it, but the question is can we accept the consequences of not doing it?"

Hearing Li Yu say this, some of the others opened their mouths, but in the end, they didn't say anything.

Openly opposing the country's strategic planning, no one here can afford to take this responsibility.

"Since everyone doesn't speak, I'll just talk about it. ”

Li Yu cleared his throat, coughed and said, "I see that our Bohai Branch of the Petrochemical Corporation is not very confident in this project, and everyone must think that it is a bit difficult." But it doesn't matter, ah, it doesn't matter! As the main force of the Liaohe Oilfield, our Shuguang Plant is willing to take up this responsibility! In my opinion, the large chemical project is placed in Huanxiu City, the Shuguang Plant, and our Shuguang Plant will definitely do a good job in this project!"

The conference room was quiet for a while, and the committee members looked left and right as if they suspected that they had misheard. After seeing the incredible expressions on the faces of the others, I knew that I heard it right!

"Manager Li, how can this be ......" Deputy General Manager Diao even stood up excitedly, and said dumbfounded: "We are not discussing how to cooperate with China Railway Construction Investment, why did you give the project location?

"Our Shengyang Chemical Plant is not opposed to the settlement of large chemical projects!" Deputy General Manager Yang's eyes widened, and he almost slapped the table: "Our Shengyang Chemical Plant itself is a 250,000-ton large chemical project, who can compare with us in terms of professionalism?"

The other leaders who were led by Li Yu by the convenience of presiding over the meeting before have also come back to their senses. Nima, I accidentally fell into your Li Yu's way! This grandson is so dark!

The leaders who supported the first plan were repentant, and the speeches made at the meeting were to be recorded, and what was said was water spilled. Even if he swallowed it back on the spot, She Ying, the ninth section chief of China Railway Construction Investment, would not take a small notebook to record this black history.

Fortunately, not all of them supported the first option, and many people supported the third option.

Now that they have figured it out, how did that sentence come about? Since the bow girl can't resist, let's try to enjoy it......

Large-scale chemical projects cannot be opposed, so we must strive to bring the projects to the local areas of various enterprises. Twenty years from now -- not 20 years, in the process of building a large chemical project, we will certainly be inseparable from the support of these local snakes, and even if they do not violate discipline, they will still have countless opportunities to be sent to the door. The worst is the worst, and when such a project is established, how many employment needs of the children of workers have to be solved!

Several deputy general managers who agreed to the third plan also hurriedly joined the siege, complaining that Li Yu actually ran away at the meeting.

General Manager Li Yu coughed, in the end, the boss's Yu Wei was still there, and then it gradually calmed down. However, looking at the faces of the group of deputy general managers below, they are obviously ready to prepare for it, although they are going to come up and grab meat to eat.

Even those who voted for the first plan were making eye contact, wondering how to eat back what they said.

"This, the comrades are very enthusiastic, this is a good thing!" Li Yu paused for a moment and muttered: "However, since we want to use the third plan, then the site selection must not be the final word of our oil company." In any case, we must listen to what Comrade She Ying of China Railway Construction Investment has to say, and I will first express my attitude, our Shuguang Company absolutely supports this large chemical project of China Railway Construction Investment, and unconditionally supports it!

"Okay, let's listen to Comrade She Ying's opinion. ”

The people below looked at each other, Li Yu is really - if you don't say that you are the general manager, the next vote is the deputy general manager. not only gave himself a first-mover advantage, but also used the position of general manager to swipe a wave of She Ying's favorability, and finally blocked the channel for others to brush their favorability.

China Railway Construction Investment Bank was first established, and everything was in the process of being created. She Ying can operate such a large project, and the future will be promising. Even to put it mildly, Shuguang Company has at least won at the starting line.

"Let me talk about the site selection operation of the investment department of China Railway Construction Investment Bank, our plan is like this......"

She Ying, chief of the ninth section of the investment department of China Railway Construction Investment Bank, oh, it seems that his origin has not been introduced. Speaking of which, this young man in his twenties and less than thirty years old has no special background, and he was just a standing committee member of the standardization committee of ST before he took up his post at China Railway Construction Investment Bank.

The reason why he was able to become the middle-level leader of the most important department of China Railway Construction Investment was because of his work in the standardization committee, which was mainly responsible for the acceptance of standardization. (To be continued.) )