Turning out of the alleyway of the provincial party committee's family compound, it was already midnight. Cao Zhengjiang came out of Xu Pei's house by car, and asked Li Gu, Shen Huai and others for a while, and the car drove up the street of Yanjing Road, and Shen Huai and Li Gu could no longer see their car shadows.

After Cao Zhengjiang pulled out Zhao Moshi's phone, he asked the driver to stop at the intersection and let him down, and asked the driver to send Zheng Yongjin back first; after a while, a black Mercedes-Benz drove over from Ninghai Road in the west and stopped at the intersection, and Cao Zhengjiang saw Zhao Moshi sitting in the car, so he opened the door and got into the car.

"......" Cao Zhengjiang told Zhao Moshi the details of tonight's conversation Zhao Moshi frowned, looking at the brilliance of the street lamps outside the car window, in the final analysis, it is still a resource, if Pucheng Group can come up with a billion yuan, there will be no room for resistance.

Although Shen Huai issued one billion convertible bonds through Dongjiang Jinghua, if no other institutions participated in the subscription, Meigang would naturally take over the billion convertible bonds, which was also the biggest reason for Shen Huai, as the deputy director of the State-owned Assets Supervision and Administration Office, to ignore the opinions of Jiang Yibin and others and decide the fate of Yuanye Automobile Industry Group.

Pucheng Group can't come up with one billion, and even only plans to invest 200 million yuan in the car project to test the market water. This absolute gap in strength is really unjust.

Before Xu Pei and Li Gu took up their posts, they both had the word "generation," and they should each safely erase the word "generation" at the provincial and municipal people's congresses in early April, and they also needed a plan that could inspire people to come up to boost their morale.

"That's pretty much it, Governor Xu still hopes that Pucheng Group can get involved. Cao Zhengjiang said.

Zhao Moshi also felt a little bitter in his heart, Shen Huai issued one billion convertible bonds through Dongjiang Jinghua, although Pucheng Group can also participate in the subscription, but at this time it has become a chicken rib.

As a type of corporate bond, convertible bonds are attached to the right to convert into equity at an agreed price, and the interest rate of issuance is occasionally lower than that of ordinary corporate bonds and bank interest rates.

The funds in the hands of Pucheng Group are also quite tight, even if the 200 million yuan planned to be used for the car project is used to subscribe for convertible bonds, it is difficult to have any influence on the newly established car company.

If the principal and interest are recovered at maturity, compared with the bank lending interest rate, Pucheng Group will lose a lot of money in vain.

Even if the purchase of this convertible bond is converted into a shareholding in Dongjiang Jinghua within the agreed period in the future, the shareholding ratio is far from being comparable with that of Meigang - not to mention that Dongjiang Jinghua is not directly controlling the newly established car company, but will participate in the development and construction of the new car company together with the Liu Jizhou family, the provincial state-owned assets office and the Panyuan Township Government.

Pucheng Group invested 200 million funds, and after the apportionment of these two tiers, the remaining influence can be said to be better than nothing, and can only be regarded as an ordinary financial investment.

Although the prospects for this financial investment are considerable, there is no shortage of promising new businesses that Pucheng Group can directly control. In such a tight financial situation, why bother to give so much money to others to spend?

It's just that if you don't take out a penny, if Pucheng Group doesn't pay a penny, what will Xu Pei think, in Xu Pei's eyes, isn't his previous actions purely trying to take advantage of his influence?

"To support the development of the automobile industry in the province, Pucheng Group is also duty-bound, no matter how tight the funds are, 100 million can still be taken out," even if he wants to become a son and daughter, Zhao Moshi is in front of Cao Zhengjiang, or he still has to speak as high-sounding as possible, and he also knows that less than 100 million can not be taken in front of Xu Pei, and he also knows that Xu Pei hopes that Pucheng will participate, or to limit the expansion of Meigang's influence too fast as much as possible, and the gentleman will take revenge. Ten years is not too late, even for this reason, he can't completely sever the connection with the newly established joint venture car company, and said, "I also know some investors, they are interested in investing in the domestic car market, I can go and do their work - Governor Xu should be welcome, right?"

Cao Zhengjiang nodded, there are some things that don't need to be said explicitly, Xu Pei's mind can be figured out by him. One billion convertible bonds, Pucheng subscribed for 100 million, and Pucheng pulled a few more, but he found a few companies from Zhunan and other places to participate in the subscription, which could still limit the tentacles of Meigang's system from stretching too long.

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Saying goodbye to Li Gu at the intersection, Shen Huai asked Xu Jian to go back to rest first, and he sat in Song Hongjun's car, who was waiting for news until midnight; Sun Qiyi, who had just arrived in Xucheng in the past few days, was also in Song Hongjun's car at this time.

"Why don't you directly engage in private placement," Sun Qiyi was also in the car just after listening to Song Hongjun's introduction to Dongshi and Yuanye's asset restructuring, and he still had some doubts about Shen Huai's plan, "Isn't the issuance of convertible bonds another trouble? Or do you not have full confidence in the success of Dongshi's reorganization of Yuanye Car Factory?" ”

"What do you want to do with full confidence?" Shen Huai said with a smile, "If you are ten percent sure of everything and then do it, then pigs can make a choice—in fact, if you can have six or seven percent hope for everything, it is worth doing your best, don't you say?"

"......" Sun Qiyi still can't fully understand.

Although the investment in the mainland on behalf of the Evergreen Group was unsatisfactory a few years ago, Sun Qiyi, as the main person in charge of the Asia-Pacific region of the Evergreen Group, has taken root in Hong Kong for nearly 20 years, and his influence in the Chinese businessmen in Hong Kong is not something that Song Hongjun can fully catch up with now.

Meigang and Huaihai want to further rise and develop, and the lack of funds is still a problem to be overcome. The Dongjiang Power Station has started the construction of the Qingfeng Kengkou Power Plant and the second-level large-scale cascade hydropower station in the upper reaches of Jiangzhu, and the construction of two Pengyue New Towns in Zhunan and Xiapu has been launched, and these four projects alone will require an investment of tens of billions of yuan this year and next year.

In addition, it is necessary to participate in projects such as the double-track reconstruction of the Xudong Railway, and the Meigang system has been described by the outside world as a gold-absorbing machine, but the funds are still pinched and used tightly.

The development of the bank is not likely to stop and wait for Meigang's abundant funds before expanding, and this year it plans to issue another 10 billion yuan of convertible bonds to increase the capital reserve ratio.

If Meigang subscribes on a proportional basis, it will have to pay more than one billion yuan.

Shen Huai and Song Hongjun discussed, in order to avoid too much pressure on the capital chain, this time they decided to give up the subscription of convertible bonds of Yexin Bank, but this also means that Meigang's shareholding in Yexin Bank may be greatly diluted in the future.

Whether it is in the past two or three years in the Hongji Evergreen and other specific projects, as well as the overall eastward shift of the Evergreen Group's investment strategy, or hope that Sun Qiyi can exert influence and influence more Hong Kong Chinese business funds to enter Huaihai and Meigang, Shen Huai and Song Hongjun are also quite close to Sun Qiyi, and no one will mention the previous mustard.

"Now to engage in private placement, Governor Xu Pei will also try to pull as many enterprises as possible to actively participate, and in the conversation with me just now, it is also clear that I hope that Pucheng Group will continue to participate. With a quota of one billion, whether it is a private placement or the issuance of convertible bonds, we cannot share it with so many enterprises. I am pushing this matter now, and I can't hold the benefits in my arms," Shen Huai said with a smile, "The existing car assembly line in the province mainly produces A-class compact cars; this time the injection of one billion yuan is only enough for the integration and upgrading of the passenger car and parts production lines of the two enterprises of Dongshi and Yuanye, and the extra money will be used to build a car research center; and a large amount of funds will be injected into the follow-up for the expansion of A-class cars and the production and research and development of B-class cars." The first issuance of convertible bonds, Governor Xu Pei was able to pull some enterprises to participate in the subscription, and we did not account for much of the proportion, but the second and third issuance of convertible bonds, do you think these enterprises will continue to enter the market with Zhuang? If they hesitate, then we have more opportunities to take proportion. If the first private placement is carried out, then the first participating companies are all shareholders of Dongjiang Jinghua, and they are unwilling or unable to participate in the second and third convertible bonds or private placements, and they do not want their equity to be diluted, they will unite to veto the ......."

Sun Qiyi smiled slightly, thinking that it was really not unjust for so many people to fold in the hands of this kid, this time he obviously took the winning position, but he was still cautious to leave so much aftertaste in the plan, and asked: "Dongshi already has plans to go on the medium-sized car project?"

"Liu Jizhou is still very capable and ambitious," Shen Huai said, "Uncle Sun, since you are going to stay in Xucheng for a few more days this time, you might as well have more contact with Liu Jizhou......

Sun Qiyi should be said to be Shen Huai's cousin according to his seniority, but his cousin is a little far away, and Shen Huai is still used to calling him uncle with Sun Yalin, which makes him feel a little vanity.

Western Europe is the most developed country in the world's automobile industry, in addition to BMW, Rolls-Royce, MINI, Volkswagen, Audi, Bugatti, Bentley, Lamborghini, Porsche, Logo, Citroen, Renault, Fiat, Ferrari, Maserati and so on too many world-renowned car brands, there are also a large number of second-tier car manufacturers struggling on the verge of survival.

The asset merger and reorganization of Dongshi and Yuanye is only the first step in the rise of Huaihai's automobile industry, and it can even be said that the domestic automobile industry has only taken the first step.

After the merger of Dongshi and Yuanye Assets, it can only produce the most basic A-class compact car, with low technical content and low capital investment, and many domestic car manufacturers are in a similar situation, which can be said to be on the eve of the rise, but the broad prospects for future development are undoubted.

In the future, whether the European and American automobile industry takes the initiative to transfer to China, or the domestic automobile manufacturers actively go out to find partners and undertake the technology and production management system of Europe and the United States, it is only the first step at present.