Chapter 383: Resignation
The next day, Sun Yalin rushed to Xucheng with Qian Wenhui, Zhujiang Construction, Pengyue, and other senior executives in charge of finance, and contacted the provincial bank of Yexin Bank to discuss many technical details such as the distribution, term, repayment method, coupon rate, interest payment method, guarantee, and regulatory audit of the total amount of bond financing amounting to 30 million US dollars.
Although the binding force of creditor's rights on enterprises is not as strong as that of equity, it still has undoubted supervisory power over the regularized operation of enterprises. At least on the surface, the bond investors hidden behind the scenes can entrust the exercise of supervision power to the business credit bank.
In order to ensure that the debt ratio of the new Meigang plant project remains at about 50%, Shen Huai discussed with Sun Yalin and others that the new Meigang plant would directly undertake bond financing of 20 million US dollars. In the other 10 million US dollars of bond financing, Zhongxin Investment undertook 6 million US dollars, and Zhujiang Construction and Pengyue International each undertook 2 million US dollars, and then increased the equity of Meigang New Plant through capital injection.
As a result, Zhongxin Investment, controlled by Sun Yalin, will increase its shareholding in Meigang's new plant to 30%.
A total of US$4 million in bond financing undertaken by Zhujiang Construction and Pengyue International will be injected into the new Meigang plant through the financing platform of Zhujiang Investment, and the shareholding of the new Meigang plant will be increased to 25%.
Hongji Investment will not undertake bond financing this time, and its shareholding in the new Meigang plant will be maintained at 15%.
After deducting the 10% management shareholding, Meigang Group's shareholding in the new Meigang plant will be reduced to 20%.
However, after the completion of the new plant, the assets of the new plant, the first plant and the power plant will be accounted for in a unified manner, and the Meixi Industrial Investment Group, which represents the Meixi town government, will still maintain 28% of Meigang's shareholding after diluting its shareholding, and together with the Huaineng Group, which belongs to Donghua, the shareholding of Meigang will still be maintained at more than 52%, ensuring that the nature of the main body of the public-owned economy remains unchanged.
In this way, a more ideal control structure for Shen Huai can be formed.
Although the Meixi town government is ostensibly the largest shareholder with the largest share of equity, its dominant voice in Meigang is more limited to a plant with an annual production capacity of 200,000 tons; the new plant, which is three times larger, will be directly controlled by the Meigang people; and the power plant and Meixi Port Wharf, which are relatively upstream in the entire industrial chain, will have the largest weight.
After Shen Huai and Song Hongjun were full, they dragged on until ten o'clock in the morning before rushing to the South Park to attend the preparatory seminar for the Meixi New Area officially held there.
Chen Baoqi, secretary general of the provincial government, and Li Gu, deputy director of the General Office of the provincial party committee, also brought officials from the policy research office of the provincial party committee and the provincial government and the provincial planning commission, as well as some professors and scholars invited by Xucheng colleges and universities to attend the two-day seminar.
Chen Baoqi and Li Gu both knew the news that Shen Huai would fade out of the Meixi New Area, which can be seen from the details such as the list of personnel of the leading group for the preparatory work of the Meixi New Area.
Some matters involve complex factional relations and complex provincial, municipal, and local relations, and they are very sensitive. Therefore, Tan Qiping, as the dignified secretary of the municipal party committee, was very happy to fight with a junior of the Song family and a deputy director-level under him, Chen Baoqi and Li Gu both stood up and watched the big show.
Chen Baoqi and Li Gu didn't know about the $30 million directional bond investment, and when they saw that Shen Huai was late, they only thought that he had suppressed Tan Qiping in the local area during this time, so they had the heart to be passive and slacking off.
Shen Huai only gestured to Chen Baoqi and Li Gu, who were sitting on the rostrum, but they went to Xie Zhi under the stage. Xie Zhi saw Shen Huai at this time, he didn't have the psychological advantage of being as domineering as yesterday, and when he saw Shen Huai coming over, picking up the things in front of the table, he changed places with Hongqi and Hongyi, thinking about staying away from Shen Huai.
"Sister-in-law, when you saw me yesterday, you couldn't wait to run over my coat pocket to see if there was any candy in it, why did you hide from me today?" Shen Huai leaned over, tilted his head, and looked at Xie Zhi with a wicked smile.
Xie Zhi turned her face away and ignored Shen Huai.
Song Hongjun is not good at helping his fiancée, after all, it was Xie Zhi who provoked the trouble first yesterday, and when he encounters a scoundrel like Shen Huai, once he is justified, he has to endure his endless ridicule, otherwise what else?
The seminar was made into a mode in which the leaders of the conference spoke in turn, and Shen Huai could only sit patiently in the audience, but fortunately, he and Song Hongjun came over an hour later, and after sitting for less than an hour, the morning seminar ended.
It wasn't until the noon dinner that Xie Zhi found a little room to save face, and said to Shen Huai, who came over to sit at a table with her: "By the way, I heard that you have taught at the Provincial School of Economics before, and there are also several professors from the Provincial School of Economics today, why don't you go over and be affectionate?"
The Provincial School of Economics is not a large-scale university, and its professional settings are relatively narrow, so if there is a wind and grass in the school, it can be spread all over quickly -- with the bad deeds of the past, Shen Huai naturally will not go to the people attending the meeting of the Provincial School of Economics today to find some cold faces; and then look at them, they also look like they are turning a blind eye to him and looking like a stranger, and Shen Huai will naturally not come over to find something unhappy.
"What, who do you have a crush on?, do you want to hire a director or an expert consultant or something," Shen Huai said with a shy face, "I'll introduce it to you?"
Experts and scholars are like a group of dogs, throwing bones and following - Shen Huai also suddenly thought, did Mei Gang hire a few experts and scholars as consultants, even if it is useless to raise them in ordinary times, the role of helping to cheer at critical times cannot be ignored?
Shen Huai was pondering this, and Gao Tianhe's secretary came to their table and said to him and Song Hongjun: "After the banquet, Secretary Tan and Mayor Gao will go to Building No. 1 with Secretary-General Chen, Director Li and others to sit down, and Mayor Gao wants to invite Secretary Shen and President Song to come over as well." ”
Sometimes things are so complicated, Gao Tianhe wants to be very affectionate with him in front of outsiders, and he has no way to put on a cold face.
No one can take advantage of it, when you want to take advantage of others, you should have the consciousness that one day you will take advantage of others-Shen Huai glanced at the main table, and bowed his head to Gao Tianhe, who was looking at it, indicating that he already knew about it.
Next, Shen Huai's appetite was greatly reduced, and he left the table hastily, and Song Hongjun went to the lake to smoke first, and only after Gao Tianhe's secretary came to urge them to urge them again, they went to Building 1 to meet Chen Baoqi, Li Gu and others.
In the downstairs living room, in addition to Gao Tianhe, Tan Qiping and the secretary, Chen Baoqi, Li Gu, Xie Haicheng, Sun Qiyi and others used the time after the luncheon to get together.
probably knew that Shen Huai and Song Hongjun would come over, except for Song Hongqi coming to accompany him, Xie Zhi and Song Hongyi did not show up again.
Seeing Shen Huai and Song Hongjun come in, Gao Tianhe laughed out loud, got up from his seat and watched Shen Huai and Song Hongjun walk in, and said to Chen Baoqi and Li Gu: "Secretary General Chen, Director Li, before you come over, Shen Huai has added good achievements to Donghua's investment promotion work; ”
"Really?" Chen Baoqi and Li Gu both knew that Donghua's situation was complicated, so they were calm and cautious in any situation, and there would be no obvious position for Donghua to borrow their momentum to beat others, but when they heard Gao Tianhe's exaggerated tone, they couldn't help but be a little surprised.
After Donghua's joint venture steel mill project, the largest investment attraction project is the Zhonghuai Heavy Industry Project, which was jointly introduced by Gao Tianhe and Shen Huai and established as a joint venture with British Feiqi Industry.
With a total investment of 40 million US dollars, the Zhonghuai heavy industry project is still not a big improvement in the economic development of Huaihai Province this year.
With such achievements as a foundation, coupled with Gao Tianhe's active efforts in the province, the voices of Gao Tianhe's good words in the province during this period of time are obviously much denser than before - the icing on the cake is something that everyone loves to do; with achievements and benefits, others will be willing to help say good things.
If Shen Huai negotiates another foreign investment of a comparable scale, it will not be too much for Donghua City to ask the provincial government for credit for him.
Of course, Chen Baoqi and Li Gu noticed that Tan Qiping's face was darkened at this moment, and his eyes were quite fierce, but they didn't need to look at Tan Qiping's face to act, they all looked at Shen Huai with interest.
"It's Mayor Gao's false praise," Shen Huai explained to Chen Baoqi and Li Gu with a smile, "It's not an additional investment project, the construction of Meigang's new plant, there have been some difficulties in financing before, and now there is an overseas bond investment of 30 million US dollars, entrusted to Yexin Bank, invested in Meigang's related enterprises." The specific details of the financing are still being discussed, and there is really no qualification. ”
Chen Baoqi and Li Gu could see the surprise in each other's eyes.
If it's another investment project, it's better.
Zhonghuai Heavy Industry, a joint venture with Feiqi Industrial, has 75% of the shares held by foreign capital.
It is undeniable that Shen Huai's influence on Zhonghuai Heavy Industry will be great, but capital is fundamentally profit-seeking, and the British side will at least not lead Shen Huai by the nose from Zhonghuai Heavy Industry and become a tool for Shen Huai to engage in political struggle with others.
Meigang is different.
Meigang is Shen Huai's descendant from top to bottom, and in terms of equity structure, it also ensures that Shen Huai has enough leading voice and is not too constrained by others.
Meigang is bigger and stronger, which is the real confidence of Shen Huai.
Meigang directly received 30 million US dollars of foreign exchange bond financing, Meigang itself will be the most direct strengthening, from the structure, will further weaken the local government's voice in Meigang, strengthen Shen Huai's personal position in Meigang.
The question is, where will the $30 million support come from?
Of course, Chen Baoqi and Li Gu thought of the Sun family, which had a close relationship with Shen Huai, but seeing that Sun Qiyi, who was born in the Sun family, saw that his face was quite complicated, somewhat confused, and he couldn't figure out the current situation for a while.
Shen Huai sat down and said to Tan Qiping and Gao Tianhe: "By the way, there is one thing, I want to say hello to Secretary Tan and Mayor Gao in private......
"What's the matter?" Gao Tianhe asked.
"With this injection of funds, the construction of the new Meigang plant project will soon enter the final stage," Shen Huai said, "In order to live up to the trust of the municipal party committee and municipal government, I will give up everything and build the new Meigang plant to make due contributions to the economic development of Donghua." However, in this way, it is likely that I will not be able to take care of other aspects of my work seriously - in fact, there are many mistakes in my previous work, and the city has tolerated and loved me, and has not criticized me, but I know it very well in my heart. I have seriously considered it, I am still very young, inexperienced, and not energetic enough to hold so many positions, so I would like to take this opportunity to resign from the city as Secretary of the Party Committee of Meixi Town and Secretary of the Party Working Committee of Meixi Port Industrial Park......"
Gao Tianhe looked at Shen Huai puzzled, it was when he was chasing after the victory, how could Shen Huai give up such two key positions to others?
Tan Qiping was also shocked and suspicious, and couldn't figure out Shen Huai's thoughts for a while.