The next day, Shen Huai rushed to the county early in the morning to attend the organizational meeting, which was also the appointment meeting for him to officially preside over the work of the county government and serve as the acting county magistrate. Yu Chengzhen attended the meeting on behalf of the Organization Department of the Municipal Party Committee and announced the appointment, but he returned to the city after the meeting and did not stay in Xiapu, which also saved each other embarrassment.

Meixi has only been assigned to Tangzha District in recent years, Shen Huai spent his middle school years in Chengguan Town, Wang Weicheng and other middle school classmates also came from various towns and villages in Xiapu County, Shen Huai can be said to be a "native" of Xiapu, and he is far more familiar with the local situation in Xiapu County than other "airborne" officials.

Previously, he served as deputy secretary of the county party committee and deputy county magistrate, and his responsibility was relatively narrow, and his work was relatively easy. After taking over the work of the county government, Shen Huai was busy for several days.

Catching up with the turn of the year, finance, auditing, and various summary meetings poured into the sea, and for nearly a month before and after New Year's Day in '97, Shen Huai spent time in various files, meetings, and township investigations, and hardly had time to take a breath.

Xiapu County has not yet started the work of simplifying townships and towns, and after Meixi and Hetang have been carved out, there are still 28 townships and towns in the county and a township-affiliated farm; one township after another has gone over to conduct investigations, communicate with township and town party and government leaders, listen to reports to understand the situation, and feel each other's temper and work ideas, which is enough for Shen Huai to eat a big pot.

The previous ease is now to be doubled back.

The restructuring of county-owned enterprises should be carried out in an all-round way this year, and at the same time, the work of simplifying townships, towns, and county-affiliated institutions to be carried out is more complicated than that of state-owned enterprises, involving a larger and deeper range of entanglements of interests, and at the same time, it must be combined with county-level towns and industrial development plans, and the workload is extremely great.

In particular, the early planning work is not clear and can not be considered thoroughly, and a large number of hidden dangers will be buried in the later stage, so before the township simplification plan is introduced, the preliminary research work must be done by Shen Huai himself.

It was not until January 15 that Shen Huai rushed to Xucheng to participate in the results report meeting of the backdoor negotiations on oil refining in Xucheng.

On the basis of the framework plan determined by Shen Huai, Sun Yalin, Qian Wenhui and others continued to negotiate with the Working Committee of Xucheng State-owned Assets Enterprises, Xucheng Refining & Chemical Group, and the securities institutions that hold Xucheng Refining and Circulation on technical details such as backdoor plans and asset evaluations in Xucheng for a month.

During this period, the plan is also constantly adjusted, and the latest draft in the current form is also the most acceptable to all parties; if no one raises objections and the agreement is signed at the negotiation results reporting meeting, the plan will be finalized and entered the examination and approval stage.

Although Shen Huai can't spare time, Sun Yalin and Qian Wenhui will feed back the news at any time when the plan is adjusted and finalized.

However, the Working Committee of Xucheng State-owned Assets Enterprise hopes that the form can be grander, and Shen Huai cannot show up.

Xu Pei did not show up, and Mayor Xu Chengzhou, Meng Jiansheng and Feng Zhichu, who were in charge of coordinating the work of the municipal party committee, and officials from the State-owned Enterprise Working Committee attended the briefing meeting.

Before the plan was finally introduced, Xucheng Refining announced that it would suspend trading and suspend trading, but the share price had surged to 2.8 yuan per share.

The final plan is that fixed assets such as Chenghua Building will be transferred from Xucheng Refining, and Meigang Group will inject 400 million yuan as the price for taking over 400 million corporate shares of Xucheng Refinery from Xucheng City. In addition, Xucheng Refining made another 3.3 yuan per share at a price of 3.3 yuan to issue 800 million tradable shares to Meigang Group, Zhongxin Investment, Zhujiang Investment, Hongji Investment and other institutions and individuals to acquire all their shares in Meigang Plant 1 and 2, and issued an additional 100 million tradable shares to Changxin Securities and other institutions in Xucheng at the same stock price to increase the reserve of 330 million yuan.

Changfeng and Heyuan Securities did not participate in the additional issuance.

Even if they can also come up with more than 300 million funds, the total plate has expanded to 1.5 or 6 billion shares, and it makes no sense for Changfeng and Heyuan Securities to participate in the additional issuance.

However, under the strong demand of Xucheng City, the Zhunan refining integrated base has doubled its scale from 500,000 tons of crude oil refining design capacity per year in the initial plan to 1 million tons per year.

The newly raised funds issued to the local securities institutions in Xucheng, together with the funds injected by Meigang Group, will be used to invest in this refining and chemical base.

In addition to the Tingxi Oilfield to provide 500,000 tons of crude oil to the Zhunan Refining and Chemical Base every year, Meigang Group will also build a crude oil terminal in Xinpu in advance as a crude oil transit port, and transfer an additional 500,000 tons of crude oil to the Zhunan Refining and Chemical Base every year.

Xucheng Refinery has a quota for crude oil import refining, which is not much, only 600,000 tons, but it is one of the 12 enterprises in China with crude oil import and refining qualifications.

As a condition for Meigang Group's additional investment in the construction of a crude oil transit port and the expansion of investment in Zhunan refining and chemical base, this approval was transferred from the listed company to the name of Meigang Group.

After the private placement, Xucheng Refining will be renamed Meixi Industrial Group Co., Ltd. to continue to be listed and traded, and Meigang Group will be the controlling parent company of Meixi Industrial Group.

In this way, Zhujiang Investment, Zhongxin Investment, Huaineng Group and Meixi Development and Investment Group jointly hold shares in Meigang Group, the holding parent company (among them, Huaineng Group, which represents the state-owned nature of the Ministry of Electric Power, and Meixi Development and Investment Group, which represents the nature of local state-owned assets, holds a total shareholding ratio of 51% to ensure that the state-owned holding nature of Meigang Group remains unchanged), and in the shareholding structure at the lower level, the management of Zhujiang Investment, Hongji Investment, Zhongxin Investment and Meigang Iron and Steel Group and Meigang Group jointly hold the listed company Meixi Industry.

After this backdoor transaction, in addition to holding shares in the listed company Meixi Industry through Meigang Group, Zhongxin Investment, Hongji Investment, Zhujiang Investment and Meigang's management will also separately hold tens of millions of tradable shares of the listed company - although the lock-up period of these tradable shares in the plan is as long as 24 months, it can also allow Sun Yalin, Song Hongjun and others to complete the securitization of the initial industrial equity investment in Meigang.

Shen Huai ostensibly had no direct relationship with Meigang Group, and Wang Kangsheng signed the draft agreement with the Xucheng State-owned Assets Supervision and Administration Commission on behalf of Meigang, and Wang Kangsheng, Qian Wenhui and others also coped with media interviews.

After the banquet at the Provincial Guest House, Shen Huai, Wang Kangsheng and others returned to the Donghua Office in Xucheng and the Donghua Hotel to meet with the management and technical backbone who finally chose to stay in the Xucheng Refinery.

The archival materials of Wei Fenghua, Zheng Jianzhang, Zhou Rong and others, Shen Huai has already turned over them, but he really couldn't get out of his body before, he did not participate in specific negotiations, and he had contact with Wei, Zheng and others twice, so he couldn't talk about how in-depth.

However, Sun Yalin, Qian Wenhui, and Xu Xiting have met with these people almost every day for a month, and their evaluation of Wei, Zheng and others is still quite positive. Shen Huai naturally also met Sun Yalin's vision.

Although the Xucheng Refinery has suffered serious losses over the years and has many problems, Wei Fenghua, Zheng Jianzhang, Zhou Rong and others can still be called the backbone of the Xucheng Refinery, and their professional ability cannot be questioned.

They all participated in the preparatory work for the construction of the Zhujiang refining and chemical base. In order to start the construction of the Zhujiang refining and chemical project with an annual refining capacity of one million tons as quickly as possible and move the old plant out, in addition to sending financial personnel to the nominal chairman of the refining and chemical company, Shen Huai must also use them for specific affairs.

Wei Fenghua is eight years Chinese New Year's Eve old today, a little short, half a head shorter than Xu Xiting, with slender cheeks, and his appearance is not good, but he is the core figure in the management team left by Xucheng Refining, and previously served as the director of the most important second branch of Liancheng Refining.

After arriving at the Donghua Hotel, Shen Huai smiled and beckoned Wei Fenghua to sit down, and said with a smile:

"In the previous negotiations, Meigang did not promise any conditions for the management and technical backbones of you who chose to stay, and did not want to mislead your judgment. Since you have firmly chosen to stay and are full of confidence in the future of Meixi Industrial's refining and chemical business, I can now tell you that you are welcome to join Meigang, and the brilliant future of Meigang needs you to dedicate to it, and the brilliant future of Meigang is destined to belong to you. In two days, Mr. Qian will make a special trip to explain to you Meigang's internal policy on the management stock ownership plan, and I believe that after the successful construction of Zhunan Refining and Chemical Base, you can win a brilliant future for yourself. At present, the entire management of Meigang collectively holds only 6% of the shares of listed companies, and in the next three to five years, this proportion will expand to 10%-15%......"

Wei Fenghua and others, although they also belonged to the executives of listed companies before, but the previous Xucheng refining belonged to state-owned holdings, Xucheng was quite conservative in this regard, and did not advocate the management to hold shares, but also actually referred to the standards of Xucheng's state-owned assets system to pay salaries to the management.

Wei Fenghua previously held the position of director of the second factory, and the actual annual salary income was only 30,000 or 40,000 yuan.

Although there will be gray income channels in important positions, and Xucheng Refining's previous financial supervision loopholes are also large, for those who are relatively enterprising and want to develop, even if there are gray income channels, they will be much more convergent than others.

In addition to the archives, Shen Huai also conducted background checks on Wei Fenghua and others, and there were no major problems.

Xucheng Oil Refining has been transformed into Meixi Industry, and the total assets under the name of the listed company will reach 3 billion, and the stock price will rise further, and the market value will exceed 5 billion It is not unimaginable.

Although Meigang's management holds only 6% of the shares of listed companies, it is a huge wealth of 300 million yuan according to market value.

Even if Wei Fenghua does not expect to become the core figure of Meigang like Zhao Dong and others, as long as he can enter the list of management stock ownership plans, the future shareholding scale will be hundreds of thousands or millions.

On the construction of the Zhunan refining and chemical base and other issues, at twelve o'clock in the hotel, Shen Huai arranged a vehicle again, and sent Wei Donghua and them out of the hotel with Sun Yalin and others.

Wang Kangsheng, Qian Wenhui, Shao Zheng and others all went back to the room to rest, Shen Huai couldn't sleep, walked on the embankment at the back of the small building, looked at the school building of the Provincial School of Economics opposite and smoked...... "Wei Fenghua, they didn't take the initiative to talk about the Xinpu Refining and Chemical Base, are you a little disappointed now?" Sun Yalin saw Shen Huai smoking outside in the room, and walked out with a coat.

Shen Huai smiled, turned around, and said, "They may still be lacking in confidence......

"When Wei Fenghua completes the Zhunan Refining and Chemical Base, and then prepares for the Xinpu Refining and Chemical Base, it will be at least two years before the construction can start, can you wait two years?" Sun Yalin asked, "How did you plan the matter of the Xinpu Refining and Chemical Base?"

Although the crude oil refining capacity of the Zhunan refining and chemical base will eventually increase by one million tons, it is still a small project when the country's total refining capacity breaks through to 180 million tons.

If it is just for this project, it will not hesitate to openly hand over the teeth to the bigwigs of the Song family, which is a bit too much to gain and lose, and the advantageous location that is really suitable for the development of large-scale refining and chemical is Xinpu, not Xucheng Zhunan...... In the development of a high-standard large-scale refining line in Xinpu, one needs funds, and the other requires people.

Of course, Shen Huai could force Wei Donghua to allocate manpower to prepare for the Xinpu refining and chemical project, but the strong melon is not sweet, and they do not have enough confidence in the development of a larger-scale refining and chemical project in Xinpu.