Although the financial turmoil has not yet swept directly across Hong Kong, the financial situation in Hong Kong has long been extremely tight.

In the current crisis, cash is king.

Even if you have a very solid family background and are not afraid of the blow of the financial storm, but you have cash in your hand, it is convenient to take advantage of the fire in the storm to rob and harvest other people's high-quality assets.

Therefore, the Gu family has recently reduced the investment in project construction in various places as much as possible, the construction speed has slowed down significantly, and the completed enterprises are also making greater efforts to clear the inventory - Yu Wei is not strong enough in the Gu family, and when it comes to the supply of project construction funds, her side has made the greatest sacrifice, and the construction of the treasure and ship heavy industry project in Xipi Gate Port has almost stagnated in the past two months.

Yu Wei hated Shen Huai from the bottom of her heart for controlling her daughter Kou Xuan and preventing them from recognizing each other, but Shen Huai's question was extremely awkward, so she couldn't respond coldly.

Zhao Qiuhua invited her to come over to talk, and it was clear that she wanted to accelerate the construction of the Baohe ship project.

Now the province's growth rate should be guaranteed 10, and the provincial government should focus on the construction of key projects and major projects, which is also the proper meaning of the topic.

Like Xinpu Steel Mill, like Baohe Shipbuilding, like Xinpu Refining & Chemical, the construction of these large-scale projects adds up to more than 10 or 2 billion yuan per month, and the construction of these projects does not stop, and the capital investment is not suspended, which can support the speed of economic growth in the province.

In this seminar on the financial situation, Zhao Qiuhua invited almost all the main persons in charge or investors of the construction of key projects in the province, and in the final analysis, they should do ideological work, hoping that they can grit their teeth and support it. Only if they hold on, the goal of 10 in the province can be achieved.

Shen Huai asked with this, and Yu Wei also knew in her heart that if she didn't respond coldly, she would definitely make Zhao Qiuhua, who was sitting on the side, have an idea in her heart.

Yu Wei hated so much that she wanted to take off her shoes and knock Shen Huai's skull with the pointed heel of the sole, but she still maintained a graceful and beautiful woman's smile on her face, and her beautiful eyes picked Shen Huai, but she didn't pay attention to him, but said to Zhao Qiuhua, who was attracted by Shen Huai's questioning:

"The financial crisis has already involved Thailand, Indonesia, Malaysia and other countries, and the momentum has not slowed down. Leaders of Southeast Asian countries and regions have gathered in Hong Kong in the past few days to discuss countermeasures, fearing that the crisis may further expand. Under the current situation, Baohe Group also has to be careful, if the financial situation can be eased within two or three months, the construction progress of the shipyard will catch up......"

"Hmm......" Zhao Qiuhua listened and responded, saying that he listened very carefully, but Yu Wei's answer was really difficult to satisfy him.

It will be the end of August soon, and in two or three months, it will be the end of the year, and Baohe Group will now stop investing nearly one or two billion yuan per month, which will have a great impact on the province's 10 guarantees.

It's just that although Yu Wei's answer is difficult to satisfy him, Zhao Qiuhua has no way to express it.

The province is now inviting people over to do ideological work and persuasion, and they are not provincial state-owned enterprises, so how can they ignore the administrative orders of the province?

"It's hard to say whether the financial situation will continue to deteriorate, but at present, the probability of deterioration is still greater," Shen Huai took Yu Wei's words and continued, "What is more worrying is that the financial crisis will bring a great blow to the real economy in Southeast Asia." Baohe Group's shipping business, mainly concentrated in Southeast Asia, is estimated to be the hardest hit area this time, which will directly suppress the growth of demand for new ships. Mr. Yu said that Baohe Ship will catch up with the construction progress within two or three months, but I am really worried about whether it can be realized by then......"

Zhao Qiuhua didn't feel Shen Huai's words to run Yu Wei, it was inconvenient for him to directly exert pressure at this time, but Shen Huai ran Yu Wei to help him.

Seeing that Zhao Qiuhua looked at him with expectation, Yu Wei couldn't wait to roll her eyes at Shen Huai directly, so that he knew how annoying he was.

It is also difficult for her to judge the future economic situation, saying that she will catch up with the progress of the shipyard construction in two or three months, but it is just a comforting scene, otherwise what can she say to Zhao Qiuhua?

Now Shen Huai squeezed her, making her situation more and more embarrassing.

Yu Wei knew in her heart that Zhao Qiuhua hoped that she could make a clearer statement, otherwise she would be worried that Zhao Qiuhua would bypass her and go to the rest of the Gu family to talk about the progress of the construction project.

In this way, Yu Wei will have someone to give the rest of the Gu family the possibility of being marginalized, and her more than ten years of hard work will be ruined.

Yu Wei pursed her rosy lips and said: "Baohe Group does not have any problems in the supply of funds, and the development of its business is also very balanced, and County Magistrate Shen's worries seem to be a little unnecessary......

Shen Huai smiled, although he didn't directly say to Yu Wei that "I'll see it when the time comes", but such a look made Yu Wei look at it in his eyes, and he was a little crazy.

Shen Huai turned his head again and asked Fan Wenzhi: "Mr. Fan, the completion ceremony of the electric furnace steel project of the joint venture between Provincial Steel and Fuji Steel and Evergreen Group is not small, and it will be officially put into operation next month......, right?

The corners of Fan Wenzhi's mouth also twitched, and they all said that under the severe beating of Tian Jiageng, Secretary of the Provincial Party Committee, Shen Huai and Mei Gang learned to be honest during this time, but this muddy ball ran over and picked thorns everywhere, where is there any honesty?

Li Gu watched Shen Huai finish piercing Yu Wei and Fan Wenzhi on the other side, and he was amused in his heart, and he also knew that Shen Huai was also a last resort - Mei Gang would dismantle his target for a long time in the future, leaving a low-key and honest impression on the outside world, but he also had to guard against some old opponents who thought they had the opportunity to rush up and suppress him, so Shen Huai would never retract the sharp edge and fangs that he should have.

But looking at Fan Wenzhi's uncomfortable appearance, he also knew that he had asked Shen Huai about the sore spot.

Li Gu is now the secretary of the Working Committee of the State-owned Enterprises and the head of the provincial state investment fund, and he has also studied the current economic situation thoroughly, so he naturally knows where Fan Wenzhi's pain is.

The country's economic and financial policies have been tightened since the beginning of the year, and a large number of local infrastructure and industrial projects have either been delayed or cut, which has made the strong growth demand for raw materials in the previous two years stagnate.

In the second quarter, domestic steel prices continued to decline by 7, 8%, and for a long time to come, the situation will not improve, and even have a further downward trend, domestic steel enterprises in the years of vigorous development, but also ushered in a challenge.

Li Gugang has conducted a thorough investigation of Provincial Iron and Steel, and knows that since the second quarter, the ex-factory price of steel sales of Provincial Iron and Steel has approached the control line, and the profitability has declined sharply.

Not to mention that steel prices may further decline in the future, even if the price is stable, after Xinpu Steel Mill and other steel enterprises are put into operation, the domestic steel market will increase the supply of nearly 10 million tons of steel every year, which will further intensify the pressure on the provincial steel.

In the final analysis, the province now hopes that the Xinpu steel mill can be put into operation in time, because it is of great significance to maintain a growth rate of 10, but the provincial steel and Fan Wenzhi are absolutely Xinpu steel mill can be put into operation for three or five months, otherwise the provincial steel will face the double pressure of price decline and intensified competition.

When it comes to cost control, the cost control of provincial steel in domestic iron and steel enterprises over the years is good, but it is far from being compared with Meigang.

Provincial steel is expected to be able to successfully break through the 10 billion threshold next year, but the output value of provincial steel is under 10 billion, a total of nearly 40,000 workers are supporting.

After Meigang is successfully put into operation at the Xinpu Steel Plant, the output value of the steelmaking business is likely to directly exceed 15 billion yuan next year, but behind the output value of Meigang's 15 billion yuan, the number of employees in its steel business department is not even 7,000.

Even if the per capita wage of Meigang is one and a half times higher than that of Provincial Steel, the labor cost under the unit output value is still only three to a quarter of that of Provincial Steel, not to mention that Meigang has huge management and cost advantages in transportation.

Fan Wenzhi didn't need to pay attention to Shen Huai, but he didn't dare not tell the truth about Li Gu's thorough investigation.

Li Gu is in charge of the state-owned enterprise work committee and has direct evaluation power over the leaders of the provincial state-owned enterprises; especially when Tian Jiageng has not yet left, if he has a handle for Li Gu to catch, Li Gu has the right to directly dismiss him to the provincial party committee.

Fan Wenzhi and Liang Rongjun estimated that when the profitability of the whole industry is close to the marginal line of production costs, the profitability of Meigang will probably decline by one-third, and the provincial steel will struggle on the profit and loss line.

Provincial Steel is now promoting joint ventures with Fuji Iron and Steel, Evergreen Group as soon as possible put into production, to be honest, I also hope that the efficient production over there can make the overall overshadowing of Provincial Steel a little better, as long as there is no overall loss, not only his personal pressure will be lighter, the restructuring of the old steel plant will be easier.

It should be said that the level of Fan Wenzhi's leadership of the provincial steel is still above the level line.

The current production of provincial steel is mainly divided into two parts, one is the Xiling plant, and the other is the development of steel business in Donghua after the reorganization of Donghua Steel in the past two years.

The business development of Guangdong Iron and Steel in Donghua Iron and Steel is quite good: the joint venture project of 300,000 electric furnace steel tons held by Provincial Iron and Steel has also been operating stably for nearly a year, and although the profitability is not as good as that of Meigang, it is still quite good. The new 1 million tons of electric furnace steel project is planned to be fully put into operation next month, and the competitiveness in all aspects is also strong; and Liang Rongjun's reorganization of the original Donghua steel production department is also successful, and it can be said that the business expansion of Guangdong Steel in Donghua has become a rare bright spot in recent years.

The pressure of provincial steel is mainly on the side of the old factory in Xiling, the old mining area, the old factory area, the facilities are aging, the technology is backward, there are many retired workers, and there are many redundant workers.

The province basically has a positive attitude towards Fan Wenzhi's work, but Shen Huai ran over to pick on the thorns, where do you care about these, Fan Wenzhi is in the same group as Zhao Qiuhua and Hu Lin, don't stab him at this time, don't remind him of the internal crisis in the province, Shen Huai will have to be careful that Fan Wenzhi cooperates with Zhao Qiuhua and Hu Lin to bully Meigang in the future......