Chapter 322: Soaring

Although China's economy was weak in 1991, it was no longer the miserable state it was before and after the movement. This year, China's total GDP will be more than 2 trillion yuan, the Gezhouba water conservancy project with an annual power generation capacity of 15.7 billion yuan will be officially completed and accepted in November, and China's first nuclear power plant, the Qinshan nuclear power plant, will be connected to the grid in December...... Compared with them, the 700,000-ton ethylene project that has not yet been completed does not have much sacred taste in the eyes of ordinary people.

Only a few people know that the only one who can really hold up the backbone of China is such a large heavy chemical enterprise. For at least 50 years, nuclear and hydroelectric power plants will only be the best in terms of infrastructure, far from the point where they will determine the fate of the country.

The media remained relatively calm. In order to get the Haicang plan, Su Cheng has been preparing for nearly three years, not to mention buying public opinion, but tens of millions of advertising dollars are sprinkled out every year, and there is no need for recruitment advertisements, and they have to be published in several print media every quarter. Therefore, on the premise that the media does not deliberately pursue the eyeball effect, Dahua has received more blessings than derogations.

But in mid-October, Dahua's words and deeds were still put under a magnifying glass for careful observation. Every word of Sioux City in public is also analyzed by experts.

The rhetoric of "Taiwanese factory owners are welcome" has also received great attention.

The petrochemical base is called a "base" because of its wide scope. In addition to the main business of oil refining and ethylene, the Haicang plan also includes a large number of midstream and downstream plants.

In the design of Formosa Plastics, they will invite many Taiwanese businessmen to Haicang to invest and build factories. to make full use of the advantages of raw materials. It can be said that in terms of introducing foreign investment, Haicang plans not only to have quality, but also quantity, and to cover many industries.

The warm welcome from the mainland side and the resolute obstruction by the Taiwan side have something to do with this.

Now, Formosa Plastics' plan to build a base in Haicang has been blocked, but Dahua has invited Taiwanese factory owners to continue to build factories in Haicang. Naturally, this kind of move has received a positive response from the mainland officials, and as for the Taiwan side, it can only remain silent.

Sioux City waited quietly for a few days. After completing the preparations for receiving the Haicang plan, he personally supervised the work and asked the Dahua Public Relations Department to make a complete set of invitation letters. It was then sent to hundreds of companies with names and surnames, inviting them to attend the groundbreaking ceremony of the Haicang base at the end of October.

It was chosen at the end of October, also to preempt the completion ceremony of Gezhouba. If it is delayed until next month, it is estimated that the national leaders will not be interested in attending.

Of course, his real goal is not to lead.

On the day the invitation arrived, Wang Sheng made a detour to Hong Kong and found Sioux City.

He smiled and congratulated again, and then asked, "I heard that you want to attract Taiwan enterprises to Haicang?"

"Isn't this a continuation of Formosa Plastics' plan? Thanks to Formosa Plastics for opening up ideas for me. Su Cheng didn't say cool words, his tone was also very solemn, and he held Wang Sheng tightly with both hands.

Wang Sheng naturally understood. Sioux City is actually not thanking Formosa for his idea, but for his call.

Formosa Plastics ranks first in Taiwan's petrochemical industry. Even Taiwan's CNPC, which occupies the upstream, can only fight with Formosa Plastics in some aspects with the government's background. It is precisely because of the status and capital of the industry boss. Formosa Plastics dares to say how many Taiwanese companies will be introduced in the Haicang plan, and the downstream industry of ethylene will be included.

As a "weak" Dahua Industrial, Sioux City can't cover all the downstream industries, and all he expects is as many downstream enterprises as possible.

Even if you want to achieve such a goal, it is another thing to have the help of Formosa Plastics. Compared to Malaysia and Singapore. It is much more likely to go to Taiwan to attract investment. This is not a matter of national thinking, but of reality.

By the early 90s, the land price had exceeded the average price of industrial land in the United States, higher than that of Malaysia and other countries, and the cost of other related industrial chains was also rising. It can be said that in the first wave of industrial transfer in the 90s, Taiwanese enterprises were the most willing to transfer.

This point is incomparable to Japanese and Korean companies. Formosa Plastics built a factory in Haicang, not because of how good Haicang is, but because Taiwan's environment is really difficult to adhere to.

Although Sioux City was reluctant to hook up with Formosa Plastics during the bidding period, once the bidding was over, he desperately needed Formosa Plastics.

Wang Sheng understood, but he didn't promise it, so he laughed twice and said, "The Taiwan government will not agree." ”

"It is not necessarily a large and medium-sized stage, but a small and medium-sized Taiwanese enterprise, we also welcome it. You should have seen those invitations of mine. ”

"It's all on TV, saying you have bad intentions. ”

Su Cheng smiled heartily and said, "That's not what you want." I asked for a lot of preferential policies from above, and basically, the discounts that were available from time to time in the Haicang plan, Taiwanese businessmen came, and we could give them out. ”

Wang Sheng has always spoken quickly, and he smiled without thinking about it: "It should be that Taiwanese businessmen are here, and the preferential treatment of the Haicang plan from time to time will be handed over to Dahua." Did you get 15,000 acres of land?"

"10,000 acres of land. The remaining 5,000 acres will be used by us only when the 10,000 acres of land are used. However, what I am worried about is not the land, but the industrial chain. We need a large number of small and medium-sized enterprises to build factories in Haicang to digest the ethylene produced in the future, and I think these enterprises also have the urge to reduce costs. Su Cheng paused and asked, "Can Formosa Plastics coordinate in the middle?"

Small and medium-sized Taiwanese enterprises, like most Chinese enterprises, are struggling to operate some low-end manufacturing industries at this time, and the cost and sensitivity of raw materials are one of the factors that determine the life of the factory. It can be said that many factory owners lose the right to continue their business if they are not careful, so there is no right for them to choose politics.

Whether to continue production in Taiwan or relocate factories to the mainland is a realistic consideration in the final analysis. It is not because of the mainland's positive attitude that Taiwanese factory owners will come to the mainland. Only when the mainland's preferential policies and low-cost strategy work, it proves that its cost performance surpasses Taiwan's. When they overtake Malaysia, Indonesia and Vietnam, factory owners choose to migrate.

Looking at Sioux City from the perspective of future generations, it can be easily found that since the 90s, as the basic conditions of the mainland have become closer and closer to the Asian tigers, more and more industries have moved to the mainland. Taiwanese businessmen moved their factories to the mainland. It's almost become a normalized thing. However, since the 2008 global financial crisis, the mainland's operating costs have increased year by year. The increase in land and labor costs has forced many factories in Taiwan and South Korea to move to emerging countries such as the mainland or Vietnam, and even after the United States has proposed subsidies. Some factories have moved back to the United States.

The whole process, from a macro point of view, is very smooth. Investors are like cells without thinking, chasing the footsteps of money without the slightest stop and hesitation.

Of course, investors themselves may have thought, but it is their thinking of chasing capital profits that creates market circulation.

Therefore, Sioux City also hopes to use preferential policies and low costs to pull the capital cells back to Dahua's Haicang base. 10 or 20 years later, the Haicang base at that time was aging. Dahua also has more capital accumulation, so naturally there is an opportunity to discuss industrial transfer.

Wang Sheng called, and he was also authorized. He thought about it for a while, and then said: "It's natural for Formosa Plastics to coordinate in the center, but there must be a name." ”

"What name do you want?"

"Shareholder of Dahua Petrochemical Company. $300 million we are willing to contribute. Acquired 30% of the shares of Dahua Petrochemical Company, and at the same time jointly invested with Dahua Industrial to operate the Haicang base. Wang Sheng said this sentence quickly.

Dahua Petrochemical Company does not even have assets of 300 million US dollars, and although it has some technology and patents in its name, it can sell better foreign technologies and patents at a real price. It won't cost $300 million. Formosa Plastics is buying a shell company with a plan for Haicang.

$300 million to buy an opportunity, which is also considered a big deal.

Su Cheng was stunned for a long time, and then came to his senses, Wang Sheng was lying to himself, this was advancing as retreating. He immediately smiled and said, "Formosa Plastics doesn't really want to buy Dahua Petrochemical." If you join the Haicang base, will the Taiwan government be able to give up? A 30 percent stake may be worse than a 100 percent stake. ”

Wang Sheng smiled and said, "How do you know if you don't try." ”

"I heard that Formosa Plastics has always liked to do its own business, let us take the lion's share, Formosa Plastics take 30%, can Chairman Wang be satisfied?"

Chairman Wang thinks this is not bad. ”

Su Cheng laughed out loud and said, "What you said is too false. Even if Chairman Wang agrees, he should have a sacrificial mentality, how can he feel good. ”

Wang Sheng was speechless and said, "You obviously don't want to sell." ”

"I really don't want to sell either, but Formosa Plastics doesn't want to buy either. Or small and medium-sized Taiwanese enterprises, do you think they are interested in coming to Haicang?"

Wang Sheng skillfully transferred: "Now there is a heated discussion on the island about the Six Light Plan. If your Haicang base is slower to produce results than the discussion of Liuqing, local business owners will probably wait to see Liuqing. ”

Su Cheng frowned and said, "Liuqing only has 450,000 tons of ethylene, is it enough?"

"Chairman Wang is ready to expand to 800,000 tons. ”

Su Cheng suddenly said, "Is there anything I can do?"

Chairman Wang hopes that in the process of applying and building Liuqing, Dahua Industrial can help if it can be very good. Once the six light companies are completed, we also hope that Formosa Plastics and Dahua will be able to communicate with each other. "The Six Light Project and the Haicang Project are duplicated. But for industrial ethylene, not to mention 800,000 tons, 2.8 million tons is not enough, and it still has to be imported from abroad.

However, the two petrochemical bases have a total of 1.5 million tons of ethylene, which can indeed affect the Southeast Asian and even Asian markets. Establishing a tacit relationship really helps both parties maximize profits.

On the other hand, the construction of the Liuqing base will obviously be slower than that of the Haicang base, and by that time, Dahua Industrial will have an experienced team that has built 700,000 tons of ethylene projects, and there is no doubt that it will help Formosa Plastics.

Wang Sheng's request did not exceed Su Cheng's expectations, and he agreed: "No problem." I give you a promise. ”

Naturally, such an agreement cannot be put on paper, otherwise it will immediately be an accusation of trust.

Wang Sheng nodded with satisfaction and said, "There is only one thing left next, Dahua must complete the preliminary construction of the Haicang base as quickly as possible." Only when you see a real factory, those business owners will take a great risk and come to Haicang to accompany you to build a factory. ”

Su Cheng nodded steadily. The Chinese are clearly better at creating engineering miracles than at political choices.

…… (Your support is my biggest motivation.) )