In order to avoid the impact of the Thai baht again, the Thai government has locked the channel for the direct withdrawal of foreign capital, and it is impossible for Evergreen Group to directly withdraw a huge amount of investment from Thailand at this time.

However, if it can get an iron ore order from Xinpu Steel Mill, it can use its assets or equity in hotels and real estate companies in Thailand to exchange with Thai mining companies to achieve the purpose of risk diversification and hedging.

Shen Huai didn't speak, Sun Yalin sneered beside him, and said, "You guys really plan to make a plate." In Paris, I coaxed and deceived me to transfer the equity of Xinpu Steel Mill held by Zhongxin to Changqing to take over, and I didn't tell the truth. At this time, you can't hold back anymore, so you wagging your tail......

Sun Yalin launched the group sarcasm skill, and even her Lao Tzu did not let go.

Song Hongjun smiled, while Shen Huai looked down at the cigarette burning in his hand.

It is now certain that Evergreen Group wants to buy the shares of the listed company and Xinpu Steel Mill held by Zhongxin at a price of 200 million US dollars, in addition to this is a stable industrial investment in itself, and it also wants to use the ore orders of Xinpu Steel Plant to hedge its investment risk in Thailand.

They have this intention, but they deliberately conceal it, and even Sun Yalin and his father don't confide in this side, in the final analysis, they are still afraid that he will gloat and watch the investment of Evergreen Group in Southeast Asia fail, right?

Now the crisis is becoming more and more urgent, and seeing that it can't be delayed, I have to take the initiative to uncover the hole cards.

"Shen Huai, what do you say?" Sun Qishan knew what his daughter's temper was, and directly asked Shen Huai's opinion.

Shen Huai flicked off the ashes of his cigarette and said with a smile: "If the previous bid of the Evergreen Group can be more than three or five hundred thousand US dollars, we may bite the hook......"

Sun Qishan smiled awkwardly and said, "This is not something I can decide. ”

Shen Huai can understand Sun Qishan's complex situation, he personally occupies a large share in the Zhongxin Industrial Equity Investment Fund, and the greater the profit from equity trading, the more dividends he can personally get - but in the whole matter, he has to succumb to the overall will of the board of directors of Evergreen Group.

Sun Qishan's personal assets exceed hundreds of millions of dollars, but with these personal assets, he is considered a wealthy man in Western European society; Sun Qishan's real status in the Chinese capital circle is still directly linked to the Sun family and his position as executive director of the Evergreen Group.

Of course, even if Sun Qishan came on behalf of the Evergreen Group, Shen Huai temporarily suppressed the previous friendship and said with a smile: "Thailand's economic crisis is really as serious as your cousin said, and Meigang can wait for the full-scale economic crisis in Thailand to break out, and then take orders directly to trade with Thai mining companies......"

"Okay, okay, between you and Qiyi, there was some unhappiness before, but holding on and fighting is not beneficial," Sun Qishan was not annoyed, and said with a smile when the peacemaker said, "Meigang has some advantages, but lacks the means and capital to turn the advantages into real profits, so it is better for everyone to sit down and talk about ......"

Shen Huai glanced at Sun Qiyi and said, "How could I not listen to my cousin's words." Besides, Xinpu is also experiencing some financial pressure, and the eldest cousin doesn't know how to take care of the face of our juniors......"

There are no eternal friends, only eternal interests, if you sit back and watch Sun Qiyi be unlucky, there will be no substantial benefit to Mei Gang.

Seeing Du Jian walk in, Shen Huai asked, "Is the dinner party ready?"

Du Jian nodded, and Shen Huai said again: "Can you call Mr. Zhou, Mr. Chu, Mr. Zhu, Mayor Xiong, and Secretary Chen Bing, and ask them if they have time to come over and have dinner together?"

I didn't think about talking about such a complicated matter before, so Shen Huai didn't arrange more people to participate in the reception of the dinner.

Although this time for the Evergreen Group, only to adjust the investment in Southeast Asia billion, 800 million US dollars, but the overall Meigang system is still very weak, participating in the Evergreen Group's investment adjustment, the impact on Meigang will be very far-reaching.

Moreover, Thailand's economic situation is very critical, and there is not much time for everyone to sit down and exchange opinions calmly, so Shen Huai also wants to call Xiong Wenbin, Chen Bing, Chu Yiliang, Zhu Li, and Zhou Zhibai directly to participate in the next conversation, and not to waste time needlessly.

Sun Qishan also laughed and said: "The Evergreen Group is in the Asia-Pacific region, and Qiyi is still in charge, and I came here to be a peacemaker, so the next step is for you to sit down and talk." However, I would also like to mention that the group mainly hopes that the Asia-Pacific business can be appropriately contracted at present, and it is unlikely that there will be a large-scale capital injection into Xinpu at this stage......"

Evergreen Group's investment in Southeast Asia is currently facing a major crisis, and it is unrealistic for Evergreen Group to directly invest in the Xinpu refining and chemical project, which they consider to be extremely risky. Sun Qishan didn't want them to put this forward as a condition, Shen Huai nodded and expressed understanding.

Sun Qishan is still quite enterprising in personal investment, but the investment orientation of the entire Evergreen Group cannot be changed by him personally.

*****************

The exchange after the dinner lasted until one o'clock in the morning.

After sending Xiong, Chu and the others away, Shen Huai and Sun Yalin returned to Sun Qishan's room and said with a smile: "If my cousin had told us the situation in Southeast Asia earlier, he wouldn't have been so passive." A considerable part of the iron ore order has been given to West Youmins for a long-term agreement, and there is not much share left......"

Sun Qishan sighed lightly and said: "Before I arrived in Hong Kong, Qiyi did not fully confide in the headquarters, but only after the Thai baht was directly impacted by hedge funds at the beginning of the month, he couldn't help it, so he told the real situation. Alas, no matter what, the butt still has to be wiped first. How big an order can you take out here, you will give me the bottom......"

Before the economic crisis, the mud and sand were all gone, and it was difficult for Thai mining companies to protect themselves - the larger the orders received by Evergreen Group at the Xinpu Steel Mill, the higher the initiative in negotiations with the Thai mining industry.

Shen Huai pursed his lips and said: "The two blast furnaces of Xinpu Steel Plant are designed according to the iron-making capacity of 3.5 million tons, but as long as the domestic market permits, the blast furnace is actually put into operation, and it may be pressed up by another million tons." But at the end of the day, I just don't even pay West Omins and Feiqi Industrial......"

"Is there such a big margin?" asked Sun Qishan in surprise.

"It's not surprising that Meigang No. 2 Plant was designed for 600,000 tons, and last year it ran 800,000 tons, and the entire production line is quite stable," Shen Huai said with a smile, "There is a big gap between the industrial standards of Europe and the United States and the actual domestic production, which is basically a public fact." ”

Throughout the mid-to-early 90s, although China's economy continued to grow rapidly, it could not affect the world economic pattern - this relationship was also reflected in China's steel industry.

Although China's steel production continues to grow rapidly, it mainly relies on domestic low-grade iron ore, and overseas iron ore trading markets are mainly concentrated in Europe, America, Japan and South Korea.

Affected by the long-term sluggish real economy in Europe and the United States, the overseas iron ore market has been in a period of negative growth since 94 years - as one of the few iron ore exports in Asia, Thailand's iron ore companies have had a hard time before the economic crisis.

Previously, Meigang and Siyoumins jointly built Xinpu Steel Plant with Feiqi Group, which was bound to an iron ore supply agreement. The participation of West Youmins and Feiqi Industrial in this joint venture is not only optimistic about China's economic development and emerging markets, but also to boost its iron ore and shipping business.

Of course, Shen Huai will not agree that Xiyoumings and Feiqi Industry will be solely responsible for the supply of iron ore to Xinpu Steel Plant, and Meigang, as the controlling shareholder of Xinpu Steel Plant, cannot give up all the interests of iron ore trade, so the long-term iron ore supply agreement signed with Xiyoumins and Feiqi at the beginning only stipulates the amount of 3 million tons per year.

The designed production capacity of Xinpu Steel Plant is 3.5 million iron and 3 million tons of crude steel, and the actual production capacity can reach 4.5 million tons of iron. That is to say, the actual demand for iron ore here can reach a maximum of seven or eight million tons.

After deducting the long-term supply agreements with West Youmins and Feiqi Industrial, Shen Huai can also decide who will hand over the iron ore orders of four or five million tons - this is the bargaining chip.

Before he came, he thought that it would be a good result to be able to deduct a million tons of iron ore orders from Xinpu Steel Mill, and there was no potential that was far greater than he imagined.

If Evergreen Group can grasp the iron ore demand of Xinpu Iron and Steel, it can not only trade with the mining industry in Thailand, but also with shipping companies - due to the continued sluggishness of overseas iron ore trading, the corresponding shipping companies in Southeast Asia are also suffering.

"Okay, you can make conditions......" Sun Qishan said.

"Cousin, you are the main investor of Xinpu Steel Mill, how dare I make conditions with you?" Shen Huai said with a smile.

"You don't play sloppy with me, I almost laugh out loud when I look at you......" Sun Qishan said with a smile.

"Cousin, what you said is still very reasonable," Shen Huai said, "Meigang is still very weak, even if there will be some advantages in a short period of time, but there is a lack of effective means and capital to turn advantages into real profits." Meigang's future goal is to enter the overseas iron ore market, but it does not have this ability at present, but we are already doing ...... for shipping."

"You say ......," Sun Qishan said.

"If the Evergreen Group can replace one or two iron ore ships with hotels and real estate assets in Thailand, can it be placed into the Xinpu Shipping Group? The two sides can be regarded as a joint venture, which can also further balance the investment risk of the Evergreen Group in the Asia-Pacific region - of course, if the Evergreen Group replaces too many iron ore ships and the tonnage is too high, we will not be able to digest it. ”

Sinpu Shipping Group has just been launched, and after merging several shipping businesses, the total assets are just over US$100 million. Even if the current price of international second-hand iron ore ships has fallen sharply, it is not something that SP Shipping Group has the ability to acquire now.

If Evergreen Group can replace one or two second-hand iron ore ships with hotel and real estate assets when hedging investment risks in Thailand, and then inject them into SP Shipping Group in the form of joint ventures, it can effectively expand the assets and business scale of SP Shipping Group.

Of course, Shen Huai does not want to lose control of Xinpu Shipping Group in this process, so according to the current price of large second-hand iron ore ships, this side can only accept two old iron ore ships of 350,000 tons at most.

"This is indeed a great help to balance the investment risk of the Evergreen Group in Southeast Asia, and the Evergreen Group is mainly balancing the risk at the moment, and there will be no intention of fighting for control, you can rest assured," Sun Qishan nodded and said, "But your conditions can't be so low, right?"

"It's not a good habit to rob while it's hot,"

Shen Huai said, "While making all the money, it also means doing the market to death." My second cousin and I had personal unhappiness before, but it does not mean that Evergreen Group's investment in the Asia-Pacific region may suffer significant losses. If there are other conditions, I would like to be as good as possible in the interests of both parties......"

"......" Sun Qishan nodded and said, "If you think so, it would be great, it would also dispel some of the doubts of others, and save me from being caught in the middle of it." ”

"Uncle cousin, you also said that it is impossible for the Evergreen Group to expand its investment scale in the Asia-Pacific region in the near future, but I think what if the Evergreen Group transfers its production capacity? For this reason, this is also an important factor in the decline in the export volume of electronic products and clothing from Thailand and Malaysia in recent years. We don't yet know how serious Thailand's economic crisis will be, but from this point of view, it is also a reasonable choice for Evergreen Group to transfer production capacity now. Evergreen Group has invested a lot in Thailand and Malay electronics factories, and the immediate sale of land and plant assets, the acquisition of equipment assets, and then the export of second-hand equipment to Xinpu to build a new factory, should also be able to further hedge the investment risk in Thailand. ”

"Ho," Sun Qishan said with a smile, "You kid is forcing me to retire early!"

"I can only toss some waves in this small piece of land in Xinpu, and the general direction needs to be grasped by you, cousin," Shen Huai said with a smile, "Xinpu still needs to have a large direct foreign exchange investment to boost morale, otherwise the financial pressure will indeed be a little great." ”