Chapter 642 Tianshan Shares

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The Kwok Family Trust holds 32% of the shares of Veolia Water, making it the second largest shareholder after Vivendi of France. As long as Guo Shouyun comes forward, Veolia will naturally not refuse this kind of small matter.

Seeing everyone's slightly changed expressions, Guo Shouyun didn't say anything more. He was used to the look and expression.

"Shancheng International Passenger Transport Company was merged into Delong Tourism Group. The Yutong Highway was sold, and the proceeds were used to reinvest Huitong Water. ”

Although Shancheng Industrial owes a huge amount of nearly 1 billion Huaxia coins, and Guo Shouyun has enough funds in his hands to smooth out the losses, it is impossible for any business operator to directly invest money to balance the finances. The most common way is to invest excess funds in the production of enterprises and use the increased pre-tax profits to repay the loans.

The benefit of this is that the huge corporate income tax that should have been paid is now used to repay the loan. Moreover, the scale and efficiency of the enterprise have also risen to a new level.

"Jinlong Hydropower Company sells!"

"Boss, there is a general shortage of electricity in China now, especially in the southwest region. The installed capacity of Jinlong Hydropower is medium, and the profit is also good, is it a pity to sell it?" Chen Yu said.

"Now that China's economy is developing rapidly, the demand for electricity is also growing, electricity is a seller's market, and small power generation companies like Jinlong Hydropower have good benefits. But the market can't grow all the time, it has its peak. In addition, we should also see that the price of small hydropower is too low, the price of one kilowatt-hour of electricity is less than 3 cents, which is much lower than the 0.5 yuan of thermal power, 0.61 yuan of wind power, and 1.13 yuan of solar energy. With such low profits, it is difficult for small hydropower to hold on once it encounters a market crisis. In addition, the policies and regulations on small hydropower in various places are not perfect, and the power transmission and distribution facilities are also in the hands of others, which is too constrained and not suitable for large-scale investment. ”

Unless it is a large power plant with an installed capacity of gigawatts like Pacific Energy Group, which has enough anti-risk ability, Guo Shouyun has little interest.

Seeing that the rest of the people had no opinions, Guo Shouyun continued: "Sell 'Yishi Technology Co., Ltd.', and Beijing Riseconda Technology Co., Ltd. will operate independently and be supervised by Oriental Trust. All Shancheng Industrial's debts, as well as the operations of its various companies, are handled by Chen Yu and Oriental Trust. ”

"Yes!"

Chen Yu nodded with a serious expression.

"Wu Xiaojing, continue!"

After nodding, she took out the information of Tianshan shares.

"Tianshan Co., Ltd., formerly known as Xin~Xinjiang Tianshan Cement Co., Ltd., is the largest cement manufacturer in Xin~Xinjiang. It has a cement production capacity of nearly 2 million tons. ”

At the same time, in 1996, after Delong became the owner of Xin~Jiangtunhe, through technological transformation and mergers and acquisitions, Xin~Jiangtunhe soon developed into the second largest cement enterprise in Xin~Xinjiang with an annual production capacity of more than 1 million tons. In March 2000, Tianshan Co., Ltd. and Xin~Jiangtunhe reached a cooperation agreement, and the two sides jointly established a "Xin~Jiangtunhe Cement Co., Ltd.", with a registered capital of 350 million yuan. Among them, Tianshan Co., Ltd. used the funds raised in 2000 to purchase 51% of the equity, and the new ~ Jiangtunhe accounted for 49% of the equity of the new company with an annual output of 1 million tons of cement production equipment and physical assets. ”

"The establishment of the new ~ Xinjiang Tunhe cement, so that Tianshan shares and the new ~ Xinjiang Tunhe is no longer a competitor to the death, but to become a partner to jointly develop the market, Tianshan shares to get the ready-made production capacity, ready-made market, and hold the absolute controlling stake of the new company, the interests of shareholders have been guaranteed, and it has become a cement production accounted for 60% of the entire new ~ Xinjiang, the third in the country, the largest cement production enterprise in the northwest. Tunhe, Xinjiang, has successfully realized the realization of assets, fading out of the cement industry and moving towards agriculture. ”

In January 2001, the major shareholder of Tianshan shares, Xin~Xinjiang Tianshan Building Materials Group, transferred 55,785,600 state-owned legal person shares to Xin~Jiangtunhe, accounting for 32.18% of the total share capital. Make Tianshan Co., Ltd. a holding subsidiary of Xin~Jiangtunhe. At the same time, Tianshan Co., Ltd. acquired 44% of the equity of Xin~Jiangtunhe Cement Company held by Xin~Jiangtunhe and merged it into Tianshan Co., Ltd. At the same time, Tunhe Group also allocated its 30% stake in Tianshan Building Materials Group to the assets of 'Tianshan Shares'. Tianshan Co., Ltd. then became the sixth listed company under Delong, in addition to Tunhe Group, Alloy Co., Ltd., Hunan Fire Cabinet, Jingcheng Zhongyan and Shancheng Industry, and formed the 'Delong New Three Shares' with the latter two. ”

At present, Tianshan Co., Ltd. has a cement production capacity of 5 million tons, a main business income of 1.57 billion Chinese dollars, a net profit of 138 million Chinese dollars, total assets of 4.14 billion Chinese dollars, and total liabilities of 2.77 billion Chinese dollars. The market share in the national market is second only to Conch Cement and Huaxia Building Materials. ”

The situation of Tianshan shares is not bad, at least it is not almost hollowed out by Delong like Shancheng Industrial.

However, compared with everyone caring about the operation of Tianshan shares, Guo Shouyun thought more. Now Tianshan shares have a production capacity of 5 million tons, second only to Luohe and Huaxia building materials, is the third largest cement production enterprise in the country, but why he never saw the name of Tianshan shares in the top ten cement enterprises in the future? Obviously, although the Tang brothers have little talent in financial investment, they still have some ability in integrating enterprises and operating companies.

"Tianshan's industrial system is not as complex as other companies, but it is easy to say. In addition, the 30% of the shares of Tianshan Building Materials Group held by Tianshan will be sold, and the proceeds will continue to strengthen Tianshan's share in the national cement industry. Guo Shouyun said.

In the next ten years, China's infrastructure and real estate industry have developed greatly, and cement is in high demand as a basic material. Suitable for long-term holding. In addition, as the top three in the industry, it cannot be taken lightly. In addition, the return of Tianshan shares is stable, and Delong can support it for such a long time, and the stable revenue of Tianshan shares is indispensable.

After thinking about it, Guo Shouyun continued: "Lao Zhang, Tianshan shares are temporarily placed under the umbrella of Hanhua Capital, you usually look at it more. ”

"Yes!"

There is no doubt that the companies under the Hanhua Group must not be valued the same as the companies under the Oriental Trust. The latter is dispensable. The sale of the former requires Guo Shouyun's consent.

Of course, if it is just cement, it will not make him pay attention to it, and he has other plans for Tianshan cement.

"Wang Jue, continue!"

After answering, Wang Jue replaced Wu Xiaojing and continued to introduce.

In January 2002, Delong established Delong Animal Husbandry and Dairy Group, invested 400 million Chinese dollars, and began to integrate the new ~ Xinjiang dairy market. And made a five-year plan for the idea and development of Delong's involvement in the livestock industry. ”

Delong believes that although Xinjiang is a large livestock region, milk production as a whole is scattered, small in scale, and high-tech

Low content, high production costs, and uneven quality of raw milk, therefore, entering the dairy milk source is the key. ”

In terms of grassland planting, Delong has invested in the construction of a high-quality grassland planting base, including 30,000 acres of forage area and 48,000 acres of silage corn planting. ”

"In terms of high-yield dairy farming, Delong adopts the model of 'company + government + farmer' to cultivate and build breeding communities distributed on the northern slope of the Tianshan Mountains, the Ili River Valley, and the southern Xinjiang oasis. In Yi~Li, Chang~Ji to establish 2 breeding bases, the establishment of 5 dairy farming demonstration areas, each of which to establish 5 districts, 500 cattle in the community, the annual growth rate of 30%-35%. By 2008, 11 demonstration centers for high-yield dairy cow breeding will be established, and 600 breeding communities will be cultivated. ”

In terms of breed improvement, Delong selected Yi~Li as the embryo transfer experimental base in 2001, and transferred 500 cattle embryos during the year, as a pilot for the industrial improvement of high-quality breeds, which can produce 10,000 embryos and 500,000 doses of frozen sperm every year. ”

"In terms of production and processing, Delong has built a new dairy plant in Chang~Jimanas County with an annual processing capacity of 220,000 tons of fresh milk. Bingdi Tianyuan Dairy Company was established with the XPCC State-owned Assets Company, the 12th Agricultural Division of the Corps, the New ~ Xinjiang Tianrong Investment Company, and Shihezi Development Zone, and Delong Animal Husbandry and Dairy Company accounted for 50% of the shares. At the same time, three new dairy processing plants were invested in Manas, Shihezi and Yining. The Manas Dairy Plant, which was put into operation in May 2003, has a daily processing capacity of 200 tons of fresh milk. In 2008, it is planned to build or integrate and reorganize 8 dairy processing enterprises, with an annual processing capacity of 1 million tons of fresh milk. ”

"At present, Delong Animal Husbandry and Dairy Group has 17,000 acres of forage grass planting area, 23,000 acres of green corn planting area, 47 breeding communities and 23,500 dairy cows in Xin~Xinjiang. There are 5 fresh milk processing plants with an annual processing capacity of 293,000 tons. ”

"Pengju, what do you think of Delong's investment plan for the dairy industry?" asked Guo Shouyun after Wang Jue stopped.

"It is very detailed for the production and processing links, but almost completely absent for the market positioning, sales group, sales channels and brand building of the product. Wang Pengju briefly thought about it and said.

Guo Shouyun nodded. Delong and Tang Wanxin are not unaware of their shortcomings in this regard, they just plan to make up for the shortcomings in products and channels through acquisitions after the completion of production and processing, which is also their most common means, such as Hunan Torch, Tunhe Group, Alloy Co., Ltd. and other companies. However, in 03, the huge deficit in the financial industry made the original acquisition plan aborted due to financial reasons.

In the original time and space, COFCO, which inherited Delong's assets in the fields of food and agriculture and animal husbandry, established the brand 'Tenghuan' on the basis of Delong Dairy, but it was difficult to open the market. Later, he merged these assets with Mengniu and obtained a 28.09% stake in the latter.

"Product construction and sales channels happen to be Jianlibao's strengths, so I will hand over Delong Animal Husbandry and Dairy Group to you. ”

Wang Pengju, who had expected this, nodded.

"Also, don't integrate it into the beverage division, but become independent and become the fourth independent business division of Jianlibao - the dairy division. ”

"Understood!"