Meigang is preparing for various movements of the Xinpu refining and chemical project, and it is impossible to hide all of them from the eyes of those who have a heart.

In late April, after the Donghua Municipal Party Committee issued the "Notice of Municipal and County Departments and Financial Units to Assist in Promoting the Preparatory Work of the Xinpu Refining & Chemical Project", the project was officially approved and the preparatory work began to be accelerated.

The most critical step is that nearly 100 engineers and technicians led by Zheng Jianzhang were transferred from within Xucheng Refining to join the new project preparation team.

Together with the previous project research team headed by Yang Lin and the employees transferred from subordinate enterprises such as Meigang and Zhujiang Construction, the preparatory team of the Xinpu Refining & Chemical Project had nearly 200 people before the end of May.

This is obviously more than the needs of the preparatory work of a large-scale project, and the projects of Beishugang Road, breakwater, transfer wharf, water pipeline and other projects have started before June, and before April, Qingsha Village Island, where Xinpu Refining & Chemical is located, has completed the demolition and resettlement work, and began to carry out land leveling, border reclamation and road network construction, so there is naturally reason to believe that Xinpu Refining & Chemical has entered the official start of construction before June.

Although there is a suspicion of violating the rules of "building before trial", the foundation piles of the main Xinpu refining and chemical plant have not been driven, and the wharf, embankment and other supporting projects are declared and organized in the name of Xinpu Development Group.

However, it is also true that Xiapu County has taken resolute actions in the past year in terms of land acquisition and storage, resulting in a significant decline in the amount of cultivated land reserved in Xiapu County.

The estimated investment of Xinpu Refining & Chemical will exceed 4 billion, and the products will be mainly based on chemical raw material intermediates such as polyethylene and paraxylene, except for fuel oil. After the completion of the project investment, it will drive tens of billions of investment in the downstream petrochemical industry, which can bring the petrochemical industry along the Huai Bay and along the Zhujiang River to double the growth space - under this big profit prospect, even if the operation of Xinpu is somewhat irregular, the province is also turning a blind eye.

Even Zhao Qiuhua, Dai Lesheng and others understand that if they want to raise objections, it is very likely that they will fall into passivity in the province.

Therefore, some people's opinion is that Huaihai Province needs to have a large refining project, but it does not necessarily need to support Meigang to start the project, and in fact, there is no way to directly oppose Meigang's refining.

But now that someone has poked the problem into zhongyāng, the problem has become tricky.

It is in line with the local interests of Huaihai Province, but it may not be in line with the interests of neighboring provinces and cities and some central enterprises with refining and chemical business. Fueled by all these efforts, the wrestling will escalate to the State Planning Commission, the Ministry of Agriculture, the maritime department, and even the State Environmental Protection Administration, and it is not difficult to imagine how difficult the problem will be.

Once the pressure is applied from the top down, it is unknown whether Zhao Qiuhua, Dai Lesheng and others, who had previously chosen to remain silent, will continue to remain silent.

Li Gu naturally knew that Secretary Tian was supporting the Xinpu Refining and Chemical Project, otherwise, it would not have been possible to support Meigang to reorganize and list Xucheng Refining a year ago - Meigang could not master Xucheng Refining, let alone engage in Xinpu Refining and Chemical.

However, in addition to the top-down pressure, Li Gu also knew that Secretary Tian had always been worried about how to solve the financial pressure after the construction of Xinpu Refining and Chemical started.

This year, the province's banking industry may not be able to increase its new money supply by less than 20 billion yuan.

Under the current situation of overall financial tightening, even as the secretary of the provincial party committee, Tian Jiageng has no way to ask the provincial banks to concentrate loans of two or three billion yuan to Xinpu Refining and Chemical.

Therefore, Li Guhuaixi's trip has two purposes:

The first is to tell Shen Huai that the Ministry of Agriculture has set its sights on Xiapu on the problem of declining cultivated land reserves, and that the province will take some warning measures in the near future, which is actually to release pressure on Meigang in the future; and the other is that Li Gu's representative Tian Jiageng has a thorough understanding of the preparations for Xinpu refining.

Tian Jiageng also saw that Xinpu Refining & Chemical Co., Ltd. had a large range of recent actions, and was worried that the overly aggressive construction speed in the early stage would consume Meigang's funds too much, and once multiple crises were caused, the problem would become more and more troublesome and complicated.

However, Li Gu did not expect that in addition to the start-up capital of nearly 700 million yuan, Meigang also had more than 400 million US dollars of foreign exchange funds waiting for the State Development Planning Commission to approve the project and release it......

The 32 billion yen loan has been converted into US dollars and entered into foreign accounts such as Zhongxin, and once the project is approved and released into China, it will be 3.5 billion yuan.

Together with the previous start-up capital, Meigang has prepared more than 4.2 billion yuan of heavenly funds for Xinpu Refining & Chemical.

Hearing Shen Huai say this, Li Gu was really taken aback and asked, "Meigang has already prepared such a large amount of funds, why don't you say a word?"

At present, many people in the province are neutral towards the Xinpu refining and chemical project, and one of the key factors is that Meigang believes that in the current financial environment - even the business credit bank has tightened its loans to Donghua - can not prepare the huge amount of capital required for the construction of such a large-scale refining and chemical project.

Once the news spreads that Meigang has more than $400 million in foreign exchange funds and other foreign exchange funds to be allowed to enter, most of these people are likely to turn from neutrality to support.

Whether it is zhongyāng or the province, the entry of industrial capital has always been a firm supportive attitude. In recent years, Huaihai Province has achieved better results in attracting foreign investment, bringing in nearly $1 billion in foreign capital in a year, and the actual use of foreign capital in some years is less than $400 million.

As long as Meigang releases the news, even Zhao Qiuhua is afraid to express his support for the Xinpu refining and chemical project in public.

"This loan was only recently negotiated with Yasuda Bank," Shen Huai said, "and the inspection team of the provincial party committee has just gone to Donghua to inspect the work, and Meigang is too high-profile and inappropriate......

Li Gu smiled and nodded, knowing what Shen Huai meant: Secretary Tian promoted the construction of the inspection system, first launched Donghua, and focused on inspecting Meixi, Xiapu and other places, just to show a warning gesture to the outside world.

To tell the truth, Li Gu's trip to Huaixi was indeed worried that Shen Huai would be resistant, worried that he would be too sharp and misinterpret Secretary Tian's goodwill, so he put his mind at ease and said: "I will report this situation to Secretary Tian immediately; Secretary Tian has always been worried that Meigang is under pressure on funds, and he is also considering whether it is appropriate for the Provincial State Investment Corporation to intervene in the construction of Xinpu Refining and Chemical ......."

"If the provincial SDIC intends to participate in the construction of Xinpu Refining and Chemical Co., Ltd., the long-term loan of more than 400 million US dollars can be transferred to the provincial SDIC. Shen Huai said.

Although many investment and financing platforms have been established in recent years, as far as Huaihai Province is concerned, the only one that can use the government's credit endorsement to raise funds publicly in the overseas capital market is Huaihai State Investment Group.

Due to the relatively lagging economic and financial development of Huaihai Province, the credit level of the Huaihai Provincial Government in the overseas capital market is not high, and the total amount of funds directly raised by the Provincial State Investment Corporation in the overseas capital market in recent years is only 300 million US dollars, which is mainly invested in infrastructure projects in the province and the injection of capital into provincial state-owned enterprises.

Regarding Shen Huai's suggestion, Li Gu nodded and said, "Your suggestion, I will report to Secretary Tian together." ”

Shen Huai's intentions are obvious, no matter how much the province supports the Xinpu refining and chemical project, there is a limit, and once the Ministry of Agriculture or other Zhongyāng departments must strictly investigate Xinpu's violations in the expropriation of cultivated land, it will be difficult for the province to directly protect it.

In order to avoid losses to its own interests, at least when the Xinpu Refining & Chemical Project may be hindered, the Provincial SDIC and the provincial government and the provincial party committee behind it have reasons to stand up and express their position. And when the zhongyāng ministry wants to start playing the board again, it must also take into account the attitude of Huaihai Province and restrain it.

Judging from the current situation, Meigang has formed an initial influence in the overseas capital market.

Not to mention that Shen Huai's agreement to set aside a long-term loan to be undertaken by the provincial state investment is conducive to the expansion of the financing scale of the provincial state investment, and the long-term cooperation is also beneficial to the expansion of the influence of the provincial state investment in the overseas capital market.

Li Gu knew that Secretary Tian had never been able to find an entry point to directly support the Xinpu refining and chemical project, and thought to himself: Shen Huai's proposal is really impossible to refuse.

Shen Huai also explained the process of Mei Gang's loan negotiation with Yasuda Bank to Li Gu, so that he and Tian Jiageng could report in more detail.

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Shen Huai and Li Gu talked for a long time in the lounge, and when Sun Fujing and they couldn't wait to send someone up to watch, they remembered that there was a large group of people waiting for them to go to the banquet, and they had to attend the completion ceremony of the technical transformation project in the afternoon.

After the completion ceremony, Shen Huai wanted to take the evening train back to Xucheng, so he stayed to talk to Sun Fujing and other senior Huai Coal executives about cooperation in the coal trading market and shipping, while Li Gu took the car back to Xucheng directly and separated in Fengcheng County.

In the car, Li Gu reported this secret conversation with Shen Huai to Tian Jiageng, who was in a meeting in Yanjing, by phone.

Tian Jiageng asked Li Gu to call Shen Huai and ask him to stay for two more days after arriving in Xucheng.

Li Gu called Shen Huai and sat in the car with his eyes closed, but the bumpy road also made it difficult for him to calm down.

Aside from Secretary Tian's attitude, as far as his personal position is concerned, Li Gu is also inclined to participate in the Xinpu refining and chemical project at this time.

In addition to the huge profit expectations brought by the annual coke supply contract of 800,000 tons of coke, the cooperation between Huai Coal Group and Meigang has also strongly rectified the chaos of Huai Coal Group in the market coal trading since its official establishment three months ago. In addition to a significant increase in sales, in the past three months, Huai Coal Group has also been able to make a profit ranging from a few yuan to more than ten yuan from the previous loss situation, so that Huai Coal Group can turn losses into profits this year.

Otherwise, it is extremely difficult to imagine how embarrassing Huai Coal's situation this year will be after Huaineng Coal Industry intervenes in the mining of coal resources in Huaixi.

Li Gu's direct participation in the promotion of the entire work has greatly benefited him in gaining a foothold in the provincial state-owned enterprise work committee, and has also enabled his ability in economic affairs to win positive evaluations within the province and within the Planning Commission.

Provincial state-owned enterprises are quite a complex situation, the mountains are numerous, the relationship is intricately intertwined, it is not easy for the working committee in charge of state-owned enterprises to gain a firm foothold, in addition to the support from above, in the final analysis, it is also necessary to have the ability to solve problems, in order to be able to get support below.

At the same time, at present, Tian Jiageng also intends to use the financial investment function of the provincial state investment to strengthen the intervention of provincial state-owned enterprises and the construction of the provincial market economy from the capital level. Although the previous executive order interfered more directly with provincial state-owned enterprises, it also lacked flexibility and room for adjustment.

In the past few years of reform and opening up, China has emphasized the liberalization of the market on the one hand, and on the other hand, it has learned from the experience of state capital control and tried to find a road to state capitalism.

Some localities have done relatively well, but Huaihai Province is lagging behind in many ways.

Similarly, if you want to use the provincial investment platform to strengthen the intervention of provincial state-owned enterprises and the construction of the provincial market economy from the capital level, the growth of the provincial state-owned investment company's own capital strength is an indispensable part.