The renovation of old cities in China is facing various practical difficulties, the most important of which is the lack of money - Shen Huai will not explain this kind to the Yasuda Tomokoto, Shinozaki Ze, and Yamazaki Nobuo in front of him.

The global product sales of the Yasuda chaebol in the 96 years were as high as more than $60 billion, and the total industrial output value of Huaihai Province did not even reach this figure.

No matter how much I explain to them, they come up with a sentence of "why not minced meat", and it is also a joke here.

Of course, Shen Huai would not think that Tomosei Yasuda and Nobuo Yamazaki were invited to join the table, but they were naïve enough to embarrass him just because of the problem of demolishing the street.

Shen Huai suppressed the slight unhappiness in his heart, drank wine with Yasuda and Yamazaki, talked about some economic topics in general, and couldn't talk about any nutrition, in short, he couldn't sit and drink.

"I heard that Meigang is interested in selling some of its shares in listed companies, and is actively looking for overseas buyers in London, Paris, Hong Kong and other places...... "Yasuda asked in the middle of the meeting.

Shen Huai put down the wine glass in his hand and looked at Yasuda Zhicheng calmly for a few seconds before he smiled and said, "President Yasuda is very well-informed." It's just that the news is slightly biased, and it's not that Meigang Group wants to sell the shares of listed companies, but that Zhongxin is looking for a buyer for the shares of listed companies in its hands......"

Don't say that the world is very big, but the circle of the world's really top financial capital is so narrow.

Sun Yalin has been in Paris and London during this time, looking for overseas buyers for the shares of Meixi Industrial, a listed company in his hands, and planning start-up funds for the Xinpu refining and chemical project.

To be honest, Shen Huai would not be surprised that the Yasuda chaebol was interested in this part of the stock held by Zhongxin.

Shen Huai and Sun Yalin's initial plan was mainly to find buyers for this part of the stock in the Chinese business capital circle, but the progress was not smooth.

It's not that no one made an offer, and the London samurai was willing to pay $50 million for the 160 million shares in Zhongxin's hands through the Berkeley Bank. It's just that this is a big gap with Sun Huai and Sun Yalin's expectation of selling 60 million US dollars at the beginning, and they haven't been negotiated yet, and they are dragging there.

On the side of Evergreen Group, the requirements are more demanding, not only wanting to acquire the shares of listed companies in the hands of Zhongxin, but also wanting to acquire the shares of Xinpu Steel Mill in the hands of Zhongxin, and the two are packaged and given an offer of 200 million US dollars.

When preparing for the Xinpu Steel Mill project, Shen Huai and Sun Yalin did not raise funds from the Evergreen Group, but they refused, and Sun Yalin was even ridiculed a lot.

In the end, Sun Qishan privately injected 50 million US dollars into the Zhongxin Industrial Fund, so that Zhongxin was able to raise 120 million US dollars and inject it into the construction of Xinpu Steel Plant.

Now seeing that the Xinpu Steel Mill is about to be completed, the rest of the Sun family is greedy.

It's just a matter of greed, at least the price is a little higher.

Excluding the shares of the listed company, the rest of the Sun family is only willing to pay $140 million for Zhongxin's shareholding in Xinpu Steel Mill, which is only a premium of $20 million compared to Zhongxin's initial investment, which can only be regarded as better than nothing.

Sun Qishan, as a senior executive of the Evergreen Group, did not refuse this request from the rest of the Sun family, Sun Yalin had no good temper, ignored it, and came back.

It's one thing for Sun Yalin to come back with emotions, things still have to be done - since Yasuda Chaebol took the initiative to show interest, Shen Huai could hold back and looked at Yasuda Zhicheng calmly.

Hearing Shen Huai's correction, Yasuda Zhicheng also smiled faintly and said: "I heard that Zhongxin is looking for overseas buyers in London and Paris, and it is not particularly smooth......

Shen Huai said: "It's not going well, presumably President Yasuda has also investigated Zhongxin." At present, the relationship between Zhongxin and Evergreen Group is the same as the relationship between some of the more Duli enterprises under the Yasuda chaebol and the Yasuda chaebol, which is inextricably linked, but also has a mind that wants to struggle for Duli to grow hard wings. Presumably, Yasuda-kun also has the ambition to break into the world alone......"

Yasuda Zhicheng was a little stunned, he also thought that Shen Huai was anxious about debt and financing during this time, he said that he intended to get a positive response, but he didn't expect Shen Huai's edge to be as sharp as legend.

He naturally understands the relationship between Zhongxin, Sun Yalin, and Shen Huai and the Sun family behind the Evergreen Group - the capital involved in the Meigang system is more complicated, but the Sun family has always been the core capital support of the Meigang system.

Of course, the Chinese Sun family still can't be compared with the Yasuda chaebol at the capital level, but as a chaebol family with family assets of more than $2 billion and control assets of more than $10 billion, the internal relationship is bound to be complicated.

It is true that Zhongxin was born from the Sun family, Sun Yalin himself is a junior of the Sun family, and the main buyers of Zhongxin Industrial Fund in the early days are almost all investors who are close to the Sun family or the Sun family - Zhongxin has performed well in industrial equity investment, and it is not difficult to understand that the Sun family wants to merge Zhongxin into the Evergreen Group.

But at the same time, Zhongxin may not be willing to return to the big family...... This kind of mentality, Yasuda Tomosei is the most clear.

Under the Yasuda chaebol and Yasuda Bank, there are currently a number of industrial seed funds, which are similar in nature to Zhongxin Investment, but in terms of the performance of industrial equity investment, they are not as good as Zhongxin Investment.

So Shen Huai's words didn't go through much, Yasuda Zhicheng can also understand what he means, at present, Zhongxin wants to develop outside, so it gives priority to external buyers for the shares of its listed companies, even if this road does not work, selling the shares of listed companies to Evergreen Group or other companies controlled by the Sun family is the last choice of Zhongxin, which can also be said to be the bottom choice.

Of course, this is also the first contact, both sides will not show their hole cards, Shen Huai knows that Yasuda has an interest in buying, and Yasuda knows that Meigang has the willingness to sell.

The meal was eaten quickly, and the bill was less than 200 yuan, which was probably the cheapest business banquet that Tomosei Yasuda and Nobuo Yamazaki had ever experienced...... did not stay in the restaurant, changed to a teahouse, Shen Huai, Yang Haipeng, and Chen Tong waited for Sun Yalin to return to the city while drinking tea.

"Is Fuji Steel interested in the stocks in Zhongxin's hands?" In front of Nobuo Yamazaki and Tomosei Yasuda, Yang Haipeng and Chen Tong would not speak casually, but when they sat down in the teahouse, Yang Haipeng couldn't wait to ask.

"Behind Fuji Steel is the Yasuda chaebol, and the Yasuda chaebol has Yasuda Bank as the core, so whether it is Yasuda Bank or Fuji Steel wants to buy this part of the stock, there is not much difference," Shen Huai said, "but the matter involves restrictions on foreign investment in the domestic securities market, and the Yasuda chaebol is more likely to buy this part of the stock in the name of Yasuda Bank." Mei Gang's side still needs to collect the materials of Yasuda Bank before he can make further judgments......"

Tomosei Yasuda, Nobuo Yamazaki, and Shinozakizawa walked to the corner of the street, waited for the driver here, and drove the car over.

Got in the car, frowned and said to Nobuo Yamazaki: "Shen Huai, this person is too cunning, I may have been a little impatient just now......

Nobuo Yamazaki also feels the same way, although Shen Huai gives the outside world the impression of being domineering, but the development of Meigang over the years is enough to prove that Shen Huai hides extraordinary wisdom under the surface of domineering and domineering - Yasuda Tomosei prematurely exposed the meaning chart here, which is not a clever choice.

In the final analysis, Yasuda Zhicheng had no contact with Shen Huai before, and he still felt a little contempt in his heart, so he was eager to test it.

Now it is not too late for Yasuda Tomosei to reflect immediately.

Nobuo Yamazaki said: "At present, there are many rumors about Xinpu's debt in Donghua, and I believe that the pressure on Shen Huai is not light. Especially in the case of backdoor oil refining in Xucheng, the rift within the Song system became public, which directly limited the political support that Meigang could get, and also made some people in Donghua dare to act against Meigang, and the situation is still favorable to us......"

Meigang was reorganized and listed on the backdoor Xucheng oil refining, and the listed company was renamed Meixi Industrial Co., Ltd., and will focus on the development of heavy industries such as steel and petrochemical in the future.

After the completion of the new electric furnace steel project cooperated by Fuji Steel, Provincial Steel and Evergreen Group, Meixi's electric furnace steel production capacity will reach 2.3 million tons, which is already the largest electric furnace steel smelting base in China in terms of electric furnace steelmaking, and there is potential for further development in the future.

As far as Meixi's current industrial development is concerned, it has entered a virtuous circle in terms of layout, and even within the Yasuda chaebol, it has also been given an excellent evaluation of investment - so from the perspective of Fuji Steel, it is still necessary to actively expand the investment penetration of Meixi electric furnace steel-related industries, not to maintain the status quo, let alone shrink.

The shares that Zhongxin intends to sell this time account for almost 12 percent of the shares of the listed company, which corresponds to a 12 percent share of Meigang Group's electric furnace steel production capacity -- and the refining and chemical business that the listed company should develop correspondingly is wedged with Shijin Chemical, another heavy industry company owned by Yasuda Chaebol.

In addition to these two points, there is also a great temptation that the shares held by Zhongxin can be transferred between overseas investors.

In China's securities market, after the first Sino-foreign joint venture company was listed in '91, foreign capital was officially allowed to enter, but the opening was extremely small. The total annual approval quota is that point, but there are too many foreign-funded institutions competing with each other, and Yasuda Bank does not have much advantage.

As a foreign investor, Zhongxin was able to hold the shares of China's listed companies, in addition to the real industrial investment in China before, mainly because Meigang received political support from many quarters in the backdoor Xucheng oil refining listing, and only then did it achieve the purpose of entering the Chinese securities market in a roundabout way - even so, the part of the shares held by Zhongxin, together with the shares held by other shareholders, was given a limited lock-up period of 24 months, which was twice as long as the regular lock-up period.

If Yasuda Bank takes over this part of the shares of Zhongxin, it means that in about 20 months, the corresponding funds will be unfrozen in China's securities market.

Although it seems that the total size of the funds is not large, and there will be a 20-month lock-up period, it is a pioneer for foreign banks to compete in China's securities capital market.

This is not even recognized by other foreign banks that have entered or want to enter China.

Although Fuji Steel has cooperated with the Provincial Iron and Steel Group, and the Provincial Iron and Steel Group also has plans to list in China this year, the province has made it clear that the listing of the Provincial Iron and Steel Group does not involve joint venture assets - so Yasuda Bank wants to copy the model of Zhongxin and achieve the purpose of entering the Chinese securities market in a roundabout way.

In terms of these three aspects, Yasuda Bank is willing to spend a large price to acquire this part of the stock from Zhongxin.

There is a willingness and interest, but it cannot be shown too early, otherwise it will be in a disadvantageous position in the negotiations, so Yasuda Tomosei is somewhat eager to occasionally highlight this intention, which may bring adverse effects. However, Nobuo Yamazaki believes that Shen Huai's situation at this time is not very good, and they still have an advantage in negotiation.