In 1990, China's stock market had not yet begun to circulate money, in 1990 the real estate market had not yet begun to expand, and in 1990 the banking industry had not yet begun to lend frantically to private companies...... In 1990, China's business community was a scene of money shortage.

But Dahua Industrial is rich and oily.

After the start of production of Hua 107, the Setan oil field produced 80,000 barrels of oil per day, worth US$1.6 million. Excluding all taxes and expenses, he made a daily profit of $1.3 million, making money much faster than that of a money printing machine.

From October to June, the crude oil production of the Setan field rose from 10,000 barrels to 80,000 barrels, with a total revenue of more than 200 million US dollars, not only repaying the borrowings of Formosa Plastics and Evergreen Group, but also remaining nearly 100 million US dollars. In addition to the expansion of Jichai and Dahua Industrial's investment in offshore drilling platforms, there are tens of millions of dollars left.

The reason for the inability to calculate the figure accurately is that the rapid increase in income and a large amount of expenditure make the income node very unclear. Especially in the case that Jichai, Dahua Laboratory, Dahua Industrial and even the Maritime Transportation Company and Dahua Gas Company have large incomes from time to time,

The gas offtake contract has been in place since October last year, and Sioux City has not made any money, but it has not lost money, and has maintained a balanced state. After removing this biggest source of danger, Sioux City invested in Dahua Gas Company with little to no need to use the company's deposits.

The profitability of the Setan field is more than enough to support the gas company's expenses. No matter how big a construction company is, it can't spend $1.3 million a day. A year later, when all the projects are completed, not only Hua 108, but even Hua 109 will be drilled, and there will be no shortage of money.

Sioux City, which signed the second agreement in Guangdong and laid pipelines to its heart's content, clearly realized the meaning of ice and fire: to be an energy company, either go to the sky or go to the ground, there is no third way to go.

Energy companies that own and extract mineral deposits. There is a steady stream of cash support, no matter what you do, the surplus of funds itself represents the scarcity of resources, and it is natural to obtain excess profits, and the fault tolerance is also very high, and the happiness is like being in heaven. Energy companies that don't have or can't produce mineral deposits are like hell, not only competing for scarce funds, but also under enormous pressure. Every day is struggling in the flames. If one is not careful, it will be burned through.

Cities like Guangzhou, Huizhou, as early as the mid-80s. fell into the eyes of Hong Kong tycoons. If it weren't for the time advantage enjoyed by domestic companies, or if it weren't for the time when Su Cheng asked Hu Ji to get that red-headed document. With a heart, it is not his turn to lay pipelines, far more developed than the domestic Hong Kong gas pipeline business, it is estimated that he has already drilled from Hong Kong. It is not a good international port that can dock 100,000-ton LNG ships, they can not only save money on the terminal, but also have a mature team and decades of experience in pipeline operation.

Replace the slightly weaker gas pipeline companies, and they dare not fight with Hong Kong companies. Only the commercial barriers set up by the state, for a few years, can have a chance to fight.

Sioux City fought for two more years than it did in history. Now it seems that it has only been about a year. This is completely insufficient for Huang Neng's world-class gas pipeline supplier, but it is more than enough for Dahua Industrial.

When the first natural gas main pipeline was buried in the land of Guangdong, Sioux Cheng said to Shiro: "Look at this place, if you can occupy two-thirds, Dahua Gas Company can declare success." ”

This is the city that consumes the most natural gas in the country, both in terms of habit and spending power. Even if it only occupies this province, Dahua Gas Co., Ltd., which is slightly packaged, is enough to list in Hong Kong and make far more money than it is profitable. Especially before 2000, when Hong Kong people looked at China, they thought that there were only two areas on this land: Guangdong and other places. Become the city gas supplier in Guangdong*Dong. In H-shares, it is equivalent to accounting for half of the country.

The same as in Shan*dong, the construction company in Guang*dong. It also received the majority of the 100 million yuan investment due to gas pipelines. If they survive, the pressure on the upstream companies in arrears will be reduced, allowing them to return their limited cash to the production enterprises, so that the suspended enterprises can resume production and continue to repay the superior enterprises......

The whole debt settlement process will last for 2 years, but the most important thing is to untie the head ring. This step took the predecessors one year, and Jinan only took four months. At a time when the cash flow of enterprises in Shandong Province has recovered, other provinces and cities are still building the structure of the debt settlement office and the order of debt settlement.

This kind of demonstration effect of leading the country is strong, and Sioux City and Dahua Gas Company once received more than 10 invitations, especially in the inland provinces, due to their own financial disadvantages, especially concerned about the injection of funds from the outside world, and even sent officials to Jinan to run the project.

But in the end, Sioux City still chose the coastal city. This is the natural choice of capital, and the concept of investing 100 million yuan and giving away 100 million yuan is completely different.

The third agreement was signed in Zhejiang Province, only one month later, showing the accelerated pace of Dahua Gas's investment. There are as many as 6 small gas companies affiliated with Dahua Gas Company, which is equivalent to a dive that can occupy the main cities of the province. In fact, they do the same.

At the end of August, Shanghai China Merchants Bureau, which is developing in Pudong, also invited Dahua Gas to settle in.

The difference is that because Shanghai has a liquefied gas pipeline and is the most economically developed city in the country, it cannot achieve exclusive policy monopoly, which has caused a controversy in Dahua Gas.

Among them, some people objected, saying: "The location environment of Shanghai is really good, but the Shanghai municipal government has given too little preferential treatment, and it is enough to approve a piece of land in Pudong." That's the land of Pudong, not the land of Puxi, where birds don't, what's the use. Moreover, the competition in Shanghai is also fierce, not only there are gas stations, but also liquefied gas pipelines, which is equivalent to the most mature place, which is no more. I think that with this time and energy, it is better to go to other provinces to enclose land, first occupy those places that are easy to occupy, and then it is not too late to go back to compete for the sea. ”

The senior management of Dahua Gas spoke one after another in front of Su Cheng, and their opinions were relatively unified, and when everyone finished speaking, they looked at Su Cheng with a blank eye, waiting for him to make a final decision.

If we consider it with normal business thinking, the pipeline development in the extensive period should indeed occupy the first place and compete second.

However, how can Sioux City, who understands later generations, think that the land of Pudong "birds don't"?

He pretended to think it over. He said softly: "Shanghai City has not given good preferential conditions, we can continue to talk." Before that, the land has to come down first, well, I personally or Dahua Industrial will pay for the construction of a group of office buildings, Dahua Gas Company, Dahua Industry, and the liaison departments of several companies. It works. It is also not necessary to rent office space. ”

Sioux City's private money, or Dahua Gas's money, in the final analysis, is Sioux City's own money. The difference is that Dahua Industrial is the holding company of the group, while Dahua Gas Company is the downstream service company. It is very likely to be listed in the future, and it will be more troublesome to divide the land at that time.

There is a manager who is from Shanghai, and he is very puzzled: "As the saying goes, I would rather have a bed in Puxi than a room in Pudong." The office is located in Pudong, which is very inconvenient. ”

"It will be convenient soon, and if public transport is not convenient, it will be up to the company to buy a car to use. At this point, Sioux City has no intention of arguing. The order said: "I'm going to go to Shanghai *hai, you go and contact the person in charge of the investment promotion office." Pipeline laying can continue to be selected in other cities. ”

When the news came out, without waiting for him to move, Director Mi of China Merchants Bureau found Dahua Industrial and sent him a few air tickets.

For ordinary private companies, buying air tickets is indeed a hassle, in addition to the expensive price. A letter of introduction must also be issued. Director Mi thought it so thoroughly, and once again gave a ticket worth tens of thousands, which made people embarrassed not to go.

Su Cheng was not hypocritical, not only himself, but also invited Shu Lan to go with him.

The two happily put on beautiful clothes. I got on the plane as if I was traveling, and 10 meters behind me was Director Xiao Yang, who was dragging a suitcase.

Director Mi is knowledgeable and interesting. only briefly introduced the situation in Pudong, stayed in his position and chatted with Director Xiao Yang, and never interfered with Su Cheng and Shu Lan chatting and talking.

The harmony and comfort along the way really put Sioux City in a good mood. Director Mi also learned a lot about the situation through Yang Ming.

After arriving at Hongqiao Airport, he was received by the leaders of China Merchants Bureau and the Municipal Party Committee and Municipal Government.

The problem of triangular debt in Shanghai is relatively easy, so the investment promotion work of the Pudong Development Zone has become the top priority of the city's work. Their investment promotion bureau not only distributes points all over the country, but even directly sends people abroad to solicit enterprises. All the leading cadres at the municipal level have also been assigned hospitality work, and they are busy running around the dinner table and banquet every day.

The reception of Sioux City was Vice Mayor Ge, a young master's student who rose to his current position in less than ten years.

His personality is cool, seeing that Su Cheng is interested in the land, regardless of the fact that everyone is still eating, he waved his hand and asked people to bring the map of Pudong over, and then moved the dishes and chopsticks in front of him, handed Su Cheng a pen, and said: "Where do you like, draw it casually, 350 square kilometers of land, it's big." ”

Su Cheng stared at Lu Jiazui at a glance.

Deputy Mayor Ge observed the words and said happily: "The blue ones have been approved." ”

Su Cheng didn't mind an "oh", picked up the remaining dozens of acres of land in Lujiazui, and then rubbed his hands, along the Huangpu River, happily drawing a long strip-like area, not to mention thousands of acres.

Vice Mayor Ge didn't care, this is only a few square kilometers, a few months ago it was still pure farmland, how can there be a Dahua industry worth it.

He asked curiously, "What is Dahua going to build?"

Su Chengle's back molars were exposed to the air, and he said, "Garden-style office group, office building or something." From a distance, it looks like a forest park, but up close, it is modern equipment. By the way, can I build myself a villa with a river view?"

"Of course there is no problem, welcome Su Dong to live in Shang*hai, and I will make you a 70-year property right for the plots in these two areas. Vice Mayor Ge casually offered benefits.

Su Cheng reciprocated, sighed, and said: "Then I will allocate another piece of industrial land, and Dahua Laboratory is still nesting in the factory area of Jinan Power Engine Factory." ”

In terms of the number of patented technologies produced, Dahua Laboratory ranks among the best domestic enterprises, only weaker than heavyweight central enterprises, but its research content is worthy of the name of high-tech, and it is also the most ideal attraction object for Pudong.

Deputy Mayor Ge's back molars also laughed and said, "If Dahua Laboratory is relocated, I promise to give the whole policy." The transfer fee shall be half lower than that stipulated in the fourth paragraph of Article 22 of the State Council, and the land use fee shall be exempted for five years, and the land use fee shall be reduced by half for five years after five years......"

Su Cheng looked at the most elite area in the future, and first cut a quarter of it with a straight line, thinking to himself, if you want to leave enough land for other enterprises, it will be boring to develop it yourself.

While thinking, he asked, "Didn't ask what the price of the land was?"

"In the development stage, it has not yet been done seven links and one level, and it is tentatively set to be 1.4 million yuan for 1 hectare. Deputy Mayor Ge made a silent calculation, and said: "The Lujiazui land should be calculated according to the original price, and other industrial land, according to the best price, 1 square kilometer is 100 million yuan." However, if you invest in the current year, you can build it first, and make up the land transfer fee within 5 years, and no interest will be charged. ”

Su Cheng heard the meaning of his words, as long as the construction is started, he only needs to pay interest after 5 years.

1 square kilometer is 1 million square meters, equal to 1 square meter of land only 100 yuan transfer fee, in the eyes of Sioux City is cheaper, not to mention do not have to pay now, until 1995, the Oriental Pearl has been built, the land price is completely different.

So, Su Cheng's hand shook again, and the straight line was bent, and a large circle was scraped away. Then he picked up his glass in satisfaction.

Vice Mayor Ge drank it happily as soon as he touched the glass, and he looked eager to turn his rodent out and grind it on his thigh.

Before 1991, Pudong had not yet done a good job of seven links and one level, which was not attractive at all, and it was especially difficult to sell land. At that time, the Shenzhen Special Economic Zone did a good job of industrial land for water supply and drainage, electricity, gas, heat, communications, and roads, and the annual transfer fee per square meter was only 1 to 1.6 yuan, and 50 yuan in 50 years.

The price of raw land in Pudong will be doubled or even tripled, so naturally it will not be welcomed.

Therefore, at this time, Shanghai was not to mention land finance, and in order to raise funds, local finances almost collapsed. Bank of China Group, China Merchants Group, Bank of China, Lujiazui Financial and Trade Zone Development Company, Chinese People's Insurance Company, Hong Kong Zehong Development Co., Ltd., Industrial and Commercial Bank of China, Communications, Bank, Construction Bank, Agricultural Bank of China, Shanghai Investment Trust Company and other development companies and financial companies invested billions of yuan and took two years to barely build the backbone, complete the public construction of seven links and one level, and turn the "raw land" into a "familiar land" that can be developed industrially.

To this end, government appropriations, bank loans, shareholding development, public listings at home and abroad, and fund-raising from the society have emerged one after another, which can be called a great encyclopedia of China's early fundraising.

Under these conditions, Dahua Industrial in Suzhou City promised to enter the market, which inevitably gave Mayor Ge and others great confidence.

Sioux City was equally pleased, making a copy of a map of Pudong and hanging it in the hotel's parlor, and prepared a $10 million deposit, ready to become the largest landowner in Pudong.

Under the deliberate publicity of the municipal government, the relocation of Dahua Laboratory was also portrayed by the media as the relocation of Dahua Group, and the deposit was implied as a one-time payment......

As a result, the tension in the Jinan municipal government is still secondary, and the atmosphere within Formosa Plastics is suddenly tense, and they do not want their strategic allies to exchange cash for real estate.

……

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