Volume VI Section 41 Unusual
After Zhong Guangbiao signed a cooperation agreement with JP Morgan, You Wangang began to contact the Ministry of Foreign Trade and Economic Cooperation on behalf of the Hanchuan Provincial Party Committee and Provincial Government.
The Provincial Party Committee and the Provincial Government had previously reported to the Ministry of Foreign Trade and Economic Cooperation in the form of an official letter, and the Ministry of Foreign Trade and Economic Cooperation also replied to preliminarily agree to Changhe Energy Group's intention to merge with foreign countries, but requested the Hanchuan Provincial Party Committee and Provincial Government to provide more detailed information so that the Ministry of Foreign Trade and Economic Cooperation could conduct the final review.
As a matter of fact, the principal leaders of Hanchuan Province have also communicated and reported informally with the relevant leaders of the Ministry of Foreign Trade and Economic Cooperation and even the State Council on this issue, but because they did not have a good grasp of this project beforehand, and the Hanchuan Provincial Party Committee and Provincial Government have not made a formal decision, they can only report in an informal way first.
Until now, the Hanchuan Provincial Party Committee and the Provincial Government have made a decision in the form of meeting minutes, so the report to the central government needs to go through the formal procedure.
This is not contradictory, the bidding time on the Kazakhstan side is too tight, and it can only be advanced in this multi-pronged way, otherwise it will definitely be too late.
You Wangang is a front station, first reporting and communicating with the leaders in charge of the relevant departments, and then the main leaders come to Beijing to make a formal report with the main leaders of the department and the relevant leaders of the State Council.
The procedures of state-owned enterprises are so cumbersome, but they are necessary, especially when it comes to the acquisition of such a large amount of capital, and the need to use foreign exchange, which is far from being as rich and abundant as it will be 20 years later, and is quite expensive, so it is more necessary to be cautious.
Having said that, if it's a private company, you don't have the qualifications to participate in such a huge project at this stage, and the use of foreign exchange alone can make you go home.
Sha Zhengyang and Zhong Guangbiao have accompanied You Wangang on two trips to the Ministry of Foreign Trade and Economic Cooperation, submitted relevant materials to the relevant departments and bureaus, and also met with the vice minister in charge of cooperation and made a report.
In general, it was quite smooth, but to Hanchuan's side, the efficiency was too low, the progress was too slow, and it was completely in accordance with the established procedures, regardless of how tight the time was below.
"It's too much drag. Sha Zhengyang couldn't help but sigh, to be honest, he was mentally prepared, but in the face of this step-by-step, every detail, every step has to be studied before he can give an answer, he still can't bear it.
Either the project is too abrupt, or the Ministry of Foreign Trade and Economic Cooperation has never encountered such a direct overseas acquisition by a local state-owned enterprise, many of which are the first of their kind.
In fact, this is not the first time this kind of thing has happened, and Sha Zhengyang also reminded the people of the Ministry of Foreign Trade and Economic Cooperation inside and outside the meeting that they can operate according to the original investment and acquisition model of PetroChina in Peru and Sudan, but they hope to hurry up in time, but it is obvious that those people cannot listen to their own fingers, and everything must be done according to the rules they have set.
This is their power, and it must be firmly guarded, otherwise how can they show their presence?
Twenty years later, as long as it is an acquisition of foreign countries, especially the acquisition of this kind of resource industry or high-tech industry, the state will vigorously support it, and even be willing to take the initiative to provide you with financing and loan support, and it will almost pounce on you and ask you if you have enough foreign exchange.
In contrast, Sha Zhengyang was extremely depressed in his heart, and he could only vomit his bad thoughts like this.
You Wangang and Zhong Guangbiao were also not in a good mood, and the procedures and steps on the part of the Ministry of Foreign Trade and Economic Cooperation were quite complicated, and of course this was also the practice of this era.
Anyway, if you want to spend hundreds of millions of dollars abroad, how can this make these old antiques feel at ease? They don't take a magnifying glass to examine it?
Especially since your Changhe Energy is just a provincial enterprise in Hanchuan Province, and it is not a central enterprise, as for the ambition of your Hanchuan Provincial Party Committee and Provincial Government, it is my business?
What kind of national energy security strategy, oh, there is such a thing, but why do you say that you can represent the country by this behavior? If you really want to represent the country, it will be your turn to be a provincial enterprise to play the leading role?
The deep-seated distrust stems from the fact that your Changhe Energy Group is not enough to make these people beat you in the eye in terms of strength and fame.
Back in the Beijing Office, You Wangang summoned Zhong Guangbiao and Sha Zhengyang together to discuss the next move.
"Governor You, I'm afraid we can't go on at their pace like this, if so, even if the bids are sent over, according to the bidding time determined by the Kazakh side is to be completed before the end of June, we still need to have a lot of negotiations with the Kazakh side, so it is too late, and the Kazakh side will also feel that we are not sincere. β
Sha Zhengyang put forward his views bluntly.
You Wangang also knows that if this continues, the failure of the bid is inevitable, although the bid is already being done, and there is no problem with handing it over to Kazakhstan before the end of this month, but in fact, there are many specific details to be negotiated with Kazakhstan in the future, just like you have to promise to help Kazakhstan double or triple its refining capacity within three years, how to achieve this, even if you write a penalty for breach of contract, but people Kazakhstan does not want to punish, but wants to fulfill the real promise, you have to convince others, and they will finally agree to your acquisition of the Aktobe project, which is not a simple matterγ
Therefore, the preliminary work is very complicated and trivial, and Sha Zhengyang can even predict that the negotiations with Kazakhstan must be counted dozens of times.
Now Changhe Energy Group does not have any advantages, and JP Morgan does not have an advantage, so it can only make a surprise to seek the recognition of Kazakhstan.
This even rises to the relationship between countries, and if it drags on like this, in the end, Changhe Energy itself can only give up.
"Who told us not to be PetroChina or Sinopec? Even if we were CNOOC. Zhong Guangbiao was also emotional.
"There is no point in saying these things now, we can't afford to wait, Governor Wang is also inquiring, he has also communicated with the Ministry of Foreign Trade and Economic Cooperation by phone, but the Ministry of Foreign Trade and Economic Cooperation insists on going according to the procedure, they think that such a large project, must go through the formal procedure, otherwise the risk is too great, no one can bear it. You Wangang frowned.
"The risk is huge, do they need to bear the risk? We as the owner don't know ourselves?" Sha Zhengyang laughed, "To put it bluntly, or is it not to hold on to his own little power and be reluctant to let go, and if he doesn't reflect his own sense of existence, how can he be worthy of himself?"
Sha Zhengyang's words made You Wangang and Zhong Guangbiao sigh with emotion, but they couldn't help but smile at the corners of their mouths, this kid can speak harshly and hit the nail on the head, but it doesn't help.
"Zhengyang, what do you think we should do now?" You Wangang muttered: "If it goes on like this, it will be a little too late in time, even if we have no problem bidding, but we don't have the slightest advantage in bidding, and it will be difficult to defeat Amoco and Texaco." β
The overall strength of Changhe Energy Group is still too weak, especially the lack of experience in overseas mergers and acquisitions and operation of enterprises, which is an Achilles' heel, even with the support of JP Morgan, this weakness is still obvious and difficult to convince.
If you want to impress the Kazakh side, you must have enough weight and pay enough price, otherwise even PetroChina and Kazakhstan can terminate the contract, not to mention that you are still in the bidding stage.
Therefore, Changhe Energy's original plan was to use the two or three months to act quickly, especially to make some progress on the Orsk refinery project, in order to prove its strength and sincerity, but now the first step is stuck in the country, and even the first step can not be taken, and the delay in time is afraid that it will be a series of failures, and may even be just taken the first step to return home.
"I think I'm afraid we're going to have to go the wrong way, and it might be a little offensive, but there's no other way. Sha Zhengyang has also been thinking about this issue in his heart, "We can't afford to lose this opportunity, and we can't afford to lose it, so I think it's worth offending people." β
"Oh? Yuwan just got serious.
"Bypass the Ministry of Foreign Trade and Economic Cooperation, go directly to the principal leaders of the State Council, and find Deputy General Manager Hong. Sha Zhengyang said unceremoniously: "The reform of the energy system is also the main director of Vice President Hong, which is also related to the future national energy strategy security, I believe that our Changhe Energy Group's first step is also beneficial to the national energy strategy, and we go out as a non-central state-owned enterprise, and it is not so dazzling and eye-catching, Kazakhstan and even Europe, the United States and Russia will not be so sensitive, the probability of success is greater, I believe that from the perspective of the central leadership, they should see this." β
You Wangang and Zhong Guangbiao were both in good spirits, looking at each other and moving, but then they also realized the sequelae and side effects of doing so.
This is not just as simple as offending people, in the eyes of many people, you are a bad rule! The problem of overstepping the level of reaction, did I say that I will not do it for you? Do you deliberately delay your business? Or do you want to eat and take cards? No, then why do you go to the next level to react to the main leader? You are suing the gang and complaining, bad rules!
In the minds of some leaders, this situation is hated the most, even worse than not doing anything.
And that's just one aspect.
On the other hand, what will the central leaders think? You can do things in Hanchuan Province without following the procedures, and if this is the case, then what use will these rules and regulations be?
Special affairs should also be determined according to the situation, and the key to this lies in whether you are a special matter, which depends on the leader.
And once the leaders think that you are trying to fight for small local interests in the name of a pretense, then you may lose more than you gain. ()
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