Song Hongjun came to Donghua this time, mainly to talk about investment.

Although investment attraction is mainly the work of the government, Hongji Investment, as a private equity investment fund, focuses on investment areas in Xinpu and Huaihai Bay, and the better the construction of the industrial soft and hard environment in Xinpu and the faster the development speed, the greater the attraction of Hongji Investment in Hong Kong and Southeast Asia to dispersed capital.

During this time, Song Hongjun's main energy was also to cooperate with Xiapu to attract investment for Chinese businessmen in Hong Kong and Southeast Asia.

Before this year, the total amount of foreign investment introduced into Southeast Asia has reached a fairly high scale of investment, but these investments are mainly concentrated in the southeast coastal areas, export-oriented, labor-intensive light industry fields.

The mode of material processing, sample processing, parts assembly and compensation trade has long been the mainstream of domestic investment promotion. In the past 20 years, more than 20,000 factories and enterprises have moved from Hong Kong to Guangzhou and Shenzhen, involving more than 400 billion Hong Kong dollars of investment, but almost all of them are concentrated in labor-intensive industries, and few have entered the infrastructure and metallurgy, heavy chemical industry, large-scale machinery and equipment manufacturing and other industrial fields.

The two projects of Xinpu Iron & Steel and Xinpu Refining & Chemical Co., Ltd., which Hongji Investment mainly participated in before, belong to the fields of large-scale heavy industry and heavy chemical industry, and the location is inland, not the southeast coastal area familiar to Chinese businessmen in Southeast Asia.

In contrast, Zhongxin uses the influence of the Sun family to raise industrial capital mainly in Western Europe, and the development situation is far better than that of Hongji, and the scale of industrial funds has exceeded one billion US dollars - even in the overseas investment market, it has also entered the ranks of medium-sized equity investment funds.

Behind Berkeley, BNP Paribas, and the Chinese businessmen in Western Europe who can be influenced by the Sun family and the samurai family, they are also optimistic about the development of Zhongxin Investment.

Even Evergreen Group's direct investment is more focused on electronics, hotels, shopping malls and other industries, while cross-industry investment in the Asia-Pacific region is more likely to be implemented through industrial investment funds such as Zhongxin.

After the outbreak of the Asia-Pacific financial crisis, the Southeast Asian investment market was in mourning, but for Hongji Investment, it won great development opportunities.

The Asia-Pacific financial turmoil, in addition to the export-oriented, labor-intensive light industry that has been severely hit, has also caused more people to see the fatality of the scattered and narrow market in Southeast Asia.

Even though the majority of Chinese businessmen have not yet recovered from the blows of this round of economic crisis and are thinking about waiting for the worst to come, there are still quite a few people with keen eyes who have seen the superiority of the market formed by the mainland's population of 1.3 billion people, and the foundation laid by the construction of the industrial system in the interior since liberation and the development of reform, opening up, and development over the past 20 years for further economic take-off.

Investors who move a little faster have already begun to make moves.

As of this year, Xiapu County has negotiated and introduced as many as 56 direct investment projects from Southeast Asia, with a total investment of $120 million. In addition to the large-scale industrial projects directly invested and constructed by overseas investors such as West Omins Industrial Group in Xinpu, Xiapu County can still directly introduce overseas investment this year, and still exceed an astonishing 400 million US dollars.

Hongji Investment has been relatively slow to develop before, but in the first half of this year, the new capital raised exceeded 200 million US dollars, and the total scale reached 500 million US dollars.

In addition to raising more industrial capital and expanding the scale of Hongji Investment, Song Hongjun's main job is to invest the raised capital into specific projects.

The Asia-Pacific financial turmoil has lasted for more than a year, and the crisis is likely to deepen further.

At present, Song Hongjun is in contact with a listed container shipping company with a capacity of 40,000 TEUs in Hong Kong, which had a market value of 10 billion yuan more than a year ago, but has fallen by three-quarters by this time.

The controlling shareholder behind this listed shipping company has suffered heavy losses in this financial turmoil and needs a large amount of money to fill the gap in other businesses.

Simply selling shares in shipping companies on the open market will only lead to a further plunge in stock prices, and at a time when the economic situation is likely to deteriorate further, no bank is willing to accept a pledge of shares.

Song Hongjun has been in frequent talks with the main shareholders behind the shipping company recently, that is, he plans to put the container shipping business of Xinpu International Shipping Group, which is not yet very successful, and a container terminal berth just completed at the end of April at Xinpu Port, plus 400 million Hong Kong dollars in cash from Hongji and Zhongxin, into this Hong Kong-funded listed company in exchange for 40% of the new shares.

Although the first phase of the Xinpu Port Container Terminal has completed berths, trial operation for more than three months, the throughput has reached three or four thousand TEUs, and it is expected to reach 20,000 TEUs next year.

However, this year's domestic import and export trade growth has also been seriously stagnant, the old export port shipping share has long been demarcated, the container shipping business of Xinpu Port has limited growth in two or three years, but for a medium-sized container shipping group, it is enough to take this new business.

In the future, Xinpu Port will not surpass Xucheng Port and become the main export port of Huaihai Bay and Huaihai Province, and will have a huge growth potential in the future to guide the logistics of Central Plains provinces and cities such as Henan, Anhui, Shaanxi and Hubei through railways and highways.

Therefore, Meigang organized the construction of this container terminal berth, although a total of 600 million construction funds were used, but in terms of future growth space and the construction and operation rights of the second phase of the container berth, it is enough to replace 30% of the shipping company's shares with a market value of 1.2 billion Hong Kong dollars.

However, for the controlling shareholder and other shareholders behind the shipping company, they need to inject new business, assets and possible future growth space to stimulate the recovery of the stock price. This will make it easier for them to sell their shares at a higher price to cash out or pledge their shares to the bank to lend life-saving funds.

Listed companies in Hong Kong have relatively diversified shareholdings. If the cooperation is finally negotiated, they will hold a controlling stake in a 40% stake in a listed shipping company, which is currently held by the controlling shareholder of the shipping company at a slightly more than 25%.

In this way, Meigang will be able to have a second listed company in Hong Kong.

The listed company can be responsible for the container transportation business of Xinpu International Shipping Group, the construction of the second berth of the Xinpu Port Container Terminal, and the construction of transit and warehousing infrastructure for the connection of highway and railway container logistics, and the construction of the container terminal can also be started at Jihe Port.

After Hong Kong's securities market recovers, Meigang can also raise development funds in Hong Kong through listed companies.

For Zhongxin and Hongji, as equity investment funds, in order to maintain operations, increase value, distribute dividends to investors, and even face investor redemption and withdrawal, the investment needs to have an exit mechanism;

Now it is Zhou Zhibai who is specifically responsible for shipping and port construction, Zhou Zhibai also accompanied Song Tong to stay in Xucheng, and he would not turn back until he sent his sister-in-law on the train in the evening, and Shen Huai and Song Hongjun returned to Xiapu first.

The negotiators of the shipping company would delay for two days and then officially come to Xiapu, but Song Hongjun did not expect that Huaidian would be sent to the east to the provincial party committee, Zhong Limin, to make a statement, so neatly that he only had to stay in Yanjing for two days.

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Every time Song Hongjun arrives in Xiapu, he will be amazed by the straight and open Meipu Avenue with green shade on both sides.

Although Hong Kong is an international metropolis, it has a large population and a narrow place, and even high-grade highways will not have such open green belts on both sides; the speed limit of 80 yards on Meipu Avenue is simply a paradise for motorists, and the dense green landscape forests on both sides are even more pleasing to the eye.

"Hong Kong investors, as long as they take a car through Meipu Avenue, will have a lot of confidence in the future development of Xinpu, and they are boasting of the level," Song Hongjun said with emotion, "The expansion of Jinghai Highway is also to build an expressway according to this standard?"

"As long as it is the main road in Xiapu County, the standard will only be higher, not lower," Shen Huai said, "This year, the debt of the Xinpu Development Group will accumulate to 4 billion, and if the investment attraction cannot keep up, the debt will be tight again......

"Yue Guotou poked out tens of billions of holes, I heard that Wang Yuan almost wanted to transfer Tian Jiageng to Guangnan to take charge, but the local resistance was too great, and in the end only one executive vice province was transferred to the debt problem in the past," Song Hongjun said, "I said that you should actually thank Hu Lin ......"

"Why should I thank him?" asked Shen Huai.

"If he hadn't stabbed the debt problem here in advance, once it dragged on until the end of last year, it would have been poked out together with the debt problem of Yue Guotou, and then the upper authorities would definitely not care whether you were wronged or not, and first stuck your neck so that you couldn't move. Song Hongjun said.

"This is really," Shen Huai laughed and said, "Poke it out more than half a year in advance, so that the province can seriously examine the debt problem of Xiapu, and Xinpu Iron and Steel has been put into operation as scheduled, this year only Xinpu Iron and Steel and the upstream and downstream industries driven by the agglomeration can add nearly two billion yuan to Xiapu's new fiscal and tax revenue, and it will not be a problem for Xinpu to bear two or three billion debts." If Hu Lin can survive for half a year, when the Asia-Pacific financial crisis breaks out and Xinpu Iron and Steel has not yet been put into production, it will be a little difficult to deal with us......

"But no? the next time I meet him, I'll talk to him and see what he thinks," Song Hongjun said with a smile, "but the best time is missed, even if the debt of the Xinpu Development Group will increase further, Hu Lin will not find any opportunity in this regard." ”

"Xinpu Refining & Chemical Co., Ltd. will carry out linkage test runs next, and it is more optimistic that it will be officially put into operation before the end of the year," Shen Huai said, "Xinpu Refining & Chemical Co., Ltd. is about to enter the linkage test stage, and several companies settled in the petrochemical industrial park will immediately accelerate the construction progress, and several chemical manufacturers who are interested in investing in the industry have become much more active in negotiations." By next year, I am confident that Xinpu Refining & Chemical will be able to drive the overall fiscal and tax growth of 2 billion yuan. At that time, coupled with the completion of the second phase of Hengyang Shipbuilding, the industrial and economic framework of Xiapu County will be regarded as laying a foundation at this step. ”

"Is this called laying a foundation?" Song Hongjun said at a glance, "By the year after tomorrow, the total fiscal and tax revenue of Xiapu County is conservatively estimated to exceed 10 billion, in your eyes, this is called laying a foundation?"

"The World Bank's cut-off line for upper- and lower-middle-income countries is defined as $3,000 per capita gross national product. Measured by this standard, what is the local GDP of Xiapu's 900,000 population to be considered a middle-income area? Donghua's population of 7 million must be the local GDP? and Huaihai Province's population of 70 million should be reached, and what should be the local GDP?

Listening to Shen Huai ask three questions in a row, Song Hongjun also thought to himself:

Relying on the pull of the two leading projects of Xinpu Iron and Steel and Xinpu Refining and Chemical Co., Ltd., Xiapu County's per capita GDP will be able to reach the standard of $3,000 this year, and it may more than double to more than $6,000 per capita in the year after next.