Although the old man lost his temper at the dinner table at night, Shen Huai also knew that the Song family could only maintain a superficial harmony at the moment, and the temporary change in his second uncle's attitude was nothing more than forced by Cheng Wenguang's statement - when Dai and He's thoughts were unpredictable, Shen Huai could only strive to play every card in his hand well.

In the following conversation, Shen Huai told Cheng Wenguang about Meigang's development and operation in the past few years, as well as the secret conversation with Tian Jiageng the night before.

Shen Huai believes that Cheng Wenguang's position is broader, and he believes that he can give more and better advice on how to play some cards.

Of course, Cheng Wenguang stood up this time and almost semi-publicly expressed his support for Mei Gang, which was also a considerable risk, and it is unknown what this move will brew between Cheng Wenguang and his second uncle Song Qiaosheng and Dai He and others, but it will not make their relationship develop on the good side.

Shen Huai couldn't figure out what kind of resources Mei Gang could give Cheng Wenguang at this time, so he told his hole cards frankly, hoping that he could give a clearer hint.

Although he paid attention to the development of Meigang for a long time, at this time, listening to Shen Huai's detailed dissection of Meigang's details, Tian Yongjun was secretly frightened when he listened.

As the second largest steel group in China, Yangang's production capacity at this time is just over 8 million tons, and Meigang is almost at the level of six or seven percent of Yangang. Although on the basis of industry, Meigang is not as thick as Yangang, but it took only four years for Meigang to leapfrog from an annual output of 450,000 tons of steel to an annual production capacity of 45 million tons of steel, while Yangang took 40 years.

At this time, Meigang was ambitious and wanted to create a petrochemical group equivalent to Yanshan Refining and Chemical in Xinpu.

Cheng Wenguang has long been related to some superficial performance data, but he pays more attention to the details of Meigang's operation, saying: "Meigang has achieved the current results, and many people are quite surprised. In many places in China, the economic environment is similar to that of Donghua, and the industrial base is even slightly better, but it is very difficult to replicate the model of Meigang in these places, do you have more in-depth thinking in this regard......

Shen Huai said: "From central enterprises to local state-owned enterprises, the business situation has declined sharply over the years, and from zhongyāng to the localities, the voice of restructuring has become stronger and stronger, and the situation has become more and more urgent." Of course, there is nothing wrong with this, but at the same time, the negative effect is that it is easy to ignore the achievements of state-owned enterprises in the past few decades for the establishment of the domestic industrial system, and it is easy to ignore the profound foundation accumulated by state-owned enterprises themselves in this process. Before 95 years, the number of people receiving higher education in the local area accounted for 2 percent of the total population, of which nearly 50 percent was absorbed by local state-owned enterprises. Meigang's steel business currently has a team of about 500 engineers, most of whom are recruited from local state-owned enterprises. In one or two years, the vast majority of them are not inferior to foreign engineers of the same level, while the domestic high-level senior talents, strong organizational concepts, and diligent work are more obvious advantages. I have always told many people that the current steel pillar industry in Donghua City is built on the foundation accumulated by Donghua Steel Mills over the past decades......"

“…… In many parts of the country, resources are not lacking, but they are quite rich, and the key is how to organize resources. If resources are not organized and brought into play, no matter how rich the advantages are, they will be scattered, and no matter how poor the resources are, they can form corresponding advantages through orderly organization and gathering. This is also the basis for repeatedly emphasizing management and talking about efficiency at home and abroad. In addition to the need for sufficient attention to the industrial resources accumulated by local state-owned enterprises over the past decades, Meigang has been able to achieve some achievements, on the other hand, it has gathered capital resources of Chinese businessmen......"

“…… Since the reform and opening up, China Commercial Capital has always been the mainstream of domestic investment. Since 92 years, the proportion of Chinese business capital entering China from Hong Kong, Macao, Taiwan and Southeast Asia has been about 70 or 80 percent, and it is almost impossible to say that Zhongyāng and local governments do not attach importance to Chinese business capital. However, at present, the investment attraction work of Chinese commercial capital is mainly direct investment, and this model is more attractive to Chinese commercial capital with relatively large scale, direct factory construction and management strength, and market demand expansion. In '94 and '95, Donghua's infrastructure construction was relatively lagging behind and its attractiveness to Chinese business entities was insufficient, so we had to find another way to focus on the Chinese capital that was scattered, not large-scale, not enough to invest and build factories in China, and whose goal was to increase value rather than expand the market. Through the industrial investment fund model, a considerable part of the capital has been gathered for the construction and development of Meigang and other enterprises......"

“…… The scale of overseas Chinese businessmen's capital is roughly between $1.5 trillion and $2 trillion, of which less than $150 billion goes into domestic investment, and there is still a lot of potential to be tapped. But at the same time, we should also note that in the overseas capital market, China Commercial Capital is still a relatively weak one, and it focuses on investment in labor-intensive industries. However, in the past 20 years of investment attraction in China, overseas Chinese investment has always occupied the mainstream, and the proportion has even been as high as 70% in recent years, which also shows that the domestic work in gathering and attracting other industrial capital is quite insufficient. Since the 70s, developed countries such as Europe and the United States have begun large-scale industrial transfer, and East Asia and Southeast Asia have taken the lead in undertaking the industrial transfer of Europe and the United States with the regional advantages of cheap labor and have made great progress, so there is the rise of the Asian Four Little Tigers and the Four Little Tigers. The development of the foreign trade industry in the coastal areas of China for more than ten years, and even the direct investment and construction of factories by overseas Chinese in China over the past few years, are directly related to this. However, what has been done is far from enough, and in terms of attracting investment, too much emphasis has been placed on the advantages of cheap labor in China, and not enough attention has been paid to publicizing the domestic market of more than 1.2 billion people, not enough attention to publicizing the industrial base accumulated in China for decades, and not enough attention to publicizing the educational and human resources accumulated in China for decades. Compared with Southeast Asia, China still has obvious advantages in capital-intensive and technology-intensive industrial projects. The cooperation between Meigang and West Youmings and Feiqi Industry, as well as Huaihai Iron and Steel Group and Fuji Steel and Evergreen Group, is one of the few industrial projects in China that cooperates in terms of capital and technology......"

Shen Huai came over this time, he was determined to open the conversation, but after talking endlessly, Cheng Yi and the two came to urge them to go out for supper, only to find that it was already one o'clock in the morning.

Shen Huai looked at his watch and said apologetically: "I didn't know it was so late, Uncle Cheng still has work tomorrow, you shouldn't disturb so late and let Uncle Cheng rest......

"It's okay, I'm going to go down tomorrow morning for a run, you can squint in the car for a while, have supper, and let's talk," Cheng Wenguang said, "What you said is very inspiring to me, and there are many places that I can't consider, or you have more solid work at the grassroots level." By the way, I have read many of the articles you have published, but compared with the issues you talked about this time, I found that many of your articles have not been thoroughly written. At first, I thought you didn't know everything enough, but now it seems that you deliberately didn't write it thoroughly. Why is that?"

Shen Huai smiled bitterly: "Many things are unspeakable. Although there are precedents for land reserves in Singapore and other countries to learn from, the excessive land acquisition reported by Xiapu this time is still within the scope of vague and controversial land in China. The mixed ownership of state-owned, foreign-funded and private capital, as well as management shareholding, are all relatively unclear boundaries and belong to areas that cannot be said and done. In my spare time, I write some articles, mainly to introduce some of the experience of Meigang's development over the years, since it is the experience of practical work, I dare not make any breakthroughs in theory......"

Cheng Wenguang laughed, couldn't find a suitable adjective, only smiled: "You have more experience in struggle than I thought." The problem of excessive land acquisition is easier to solve in the province, but if it rises to the level of zhongyāng, it will indeed become more troublesome...... There is a well-known local state-owned enterprise in Hebei Province, and some time ago it wanted to learn from overseas experience and engage in management buyouts. This may not be impossible to try, but in the current domestic environment, it is over to sneak around and fool the past, but the localities feel that this is a system innovation, and they feel that they should do a good job of publicizing it, and they should strive to be the standard-bearers of reform. This overseas experience is not advanced and not talked about, but it has a great conflict with the domestic ideological tradition, and after the propaganda is carried out, the momentum is greater, and there are voices of support, and the voices of opposition are not necessarily small, so there is no way to do it, and the province can only issue a document to stop it......"

Shen Huai also knew that the management buyout of the Golden Lion Electric Group in Ji Province was once very popular but was finally stopped, and when he heard Cheng Wenguang say this example at this time, his heart moved, and asked: "Uncle Cheng, do you pay more attention to Ji Province?"

"My hometown is from Qinghe City, Hebei Province, and I have always been more concerned about the situation in my hometown...... Cheng Wenguang said.

Shen Huai remembered Cheng Yi's past acquaintance with Liu Fulong and Yu Wenli during his study abroad - Cheng Wenguang's ancestral home in Qinghe City, Hebei Province is true, but Old Man Cheng left home to make a revolution in his early years, and Cheng Wenguang did not grow up in Qinghe, if there is no clear purpose, it seems that there is no need to interact so closely with local officials and entrepreneurs in Hebei Province...... Shen Huai couldn't help but think, if Cheng Wenguang had always had the intention to serve in Ji Province, which party's influence would be more likely to become a reality?

Thinking of this, Shen Huai said to Cheng Wenguang: "By the way, Uncle Cheng, if you don't mention it, I forgot that Ji Chengxi seems to be the acting mayor of Qinghe." When I came back this time, in addition to visiting Uncle Cui Yongping and Cui, I also had to visit Uncle Ji Yanxin of the Logistics Equipment Department for the matter of the Huaihai ......Fleet's stationing base.