(.)“ Manager Wen, Dahua's investigation report is done. The secretary put a white paper of more than 300 pages on the table.

"It's finally done. Wen Zhaohong looked at the "Dahua Report" on the cover with red eyes, and couldn't wait to fall down on the table, and immediately fell asleep.

A week ago, he followed the instructions of Sinopec General Manager Xuan to investigate Dahua Industrial. for Sinopec senior management to make decisions. Sinopec is the only large state-owned enterprise that is genuinely interested in the Haicang plan, and like Formosa Plastics Dahua, they also want to own or own as many shares as possible.

Under pressure from the top, dozens of people led by Wen Zhaohong worked overtime to finally complete the basic investigation -- this kind of investigation is quite arduous in a Chinese shopping mall that has to do everything by itself.

On January 16, while the investigation report was still being printed, Wen Zhaohong heard the news that Dahua Industrial Group had won $200 million in the London oil futures market.

Didn't say it, the investigation report was redone.

$200 million does not affect the big picture. Wen Zhaohong thought so at the time, and the investigation report of more than 300 pages had only been changed to less than 50 pages, which was just another day and a night of overtime.

Wen Zhaohong stayed up for another day and night, his eyes were like rabbits, and then he heard that Dahua Group won another $4+400 million in the London futures market.

$400 million in cash and $400 million in paper earnings is enough to change and subvert the entire investigation.

Wen Zhaohong reluctantly announced that the investigation report was redone, and in order to catch up with the time, the person who had just returned home from vacation was pulled back again, and then an office person was added to balance the weak guy.

This time, he revised the 200-page report. A different conclusion was reached.

Wen Zhaohong picked it up, read it again, and after making sure that it was correct, he forced his energy and said: "Okay, I'll show it to the general manager, and you all go to rest." ”

The secretary stumbled out to announce, and he hadn't slept in two days.

There were cheers outside.

The employees involved in the back were all boiled into rabbits. The one added earlier looked like a skinned rabbit, not only with red eyes, but also with red whole body.

Three sleepless days. Just to do the investigation report of Dahua Industrial Group. Wen Zhaohong shook his head, a week ago, he could still say that it was not worth it. Not now.

Sitting on $1 billion, Dahua Industrial can compete with any company in China. Naturally, it does not have as many assets as PetroChina or Sinopec, but its cash flow was one of the best in the early 90s.

While state-owned enterprises gain national advantages, they will also become bloated and bureaucratic. Sinopec wants $1 billion is simply impossible, they need to break down the tasks step by step and get the funds separately. Even so, $1 billion is a big deal.

It is a matter of pride that a general manager can do such a thing twice.

Wen Zhaohong took one last look at the amount of funds of Dahua Industrial, and suddenly thought of the question Kang Qingfeng asked a few weeks ago: "Does Dahua Industrial have 500 million US dollars?"

That's the minimum amount of capital to start an ethylene project independently.

Now it seems. Dahua gave an explanation for this problem.

Thinking of this, Wen Zhaohong could only sigh at Su Cheng's good luck, and then picked up the investigation report and prepared to go to the general manager's room.

The secretary returned suddenly.

"What's wrong?" Wen Zhaohong doesn't like "surprises" now.

"Oil prices fell another two dollars. The secretary was reluctant to say, but he had to say.

Wen Zhaohong's spirit could not be concentrated. He asked, "So what?"

"Dahua Industrial has a book profit of $85 million, at least. ”

"More than 100 million tell me again. The investigation report is not a draft book, and you can change it if you want to. "Wen Zhaohong's temper is not good, he is sleepy.

The secretary gasped and whispered, "The previous $40 million was not counted." ”

"What $40 million?"

"The $1 that fell from last night to today was not counted, so Dahua made another $120 million profit. Or 130 million. ”

"One day?" Wen Zhaohong knew he had asked a stupid question. Of course, Dahua can earn hundreds of millions of dollars in a day, and $100 million is nothing.

The bad part is that the investigation report has to be rewritten.

Wen Zhaohong suddenly had the urge to vomit blood, and it took a long time to say, "Go and find someone." ”

"Yes...... However, everyone was a little overwhelmed. "The secretary knew that there was to be such a stubble, but it was really painful, and he kept staying up all night to revise the investigation report, risking that the investigation book would be revised again...... It's really tiring and meaningless.

Wen Zhaohong waved his hand tiredly and said, "The more times like this, the more you must insist, the problem of Dahua is urgent." ”

The secretary had to run out of the room, and soon there was a lot of mourning outside.

Wen Zhaohong can't manage so much, for Sinopec, the ethylene project is a very serious topic. Just as Taiwan's PetroChina is unwilling to build Formosa Plastics Liuqing in any case, Sinopec is also unwilling to have other companies involved in upstream chemical raw materials, and the threat of 700,000 tons of ethylene is too great for their industry status and market share.

Sinopec cannot stop the domestic political task, and preventing Dahua Industrial from getting involved has become a top priority.

In the past, they didn't take Dahua Industry seriously, and the 700,000-ton ethylene project could not be taken over casually.

It wasn't until Dahua Industrial's capital exceeded $1 billion that Wen Zhaohong was in a hurry.

It should be said that the entire Sinopec senior management is in a hurry.

They sat together and discussed for two days, brainstorming, and designed the negotiation process of the replacement Haicang plan, waiting for Dahua Industrial or some other company to negotiate.

Two days later.

Three days later.

There has been no news from Dahua.

It wasn't until a week later that news came from Zhangzhou: Dahua Industrial continued to work, and the scale was better than before.

Dahua is an independent private company, and as long as you have money, you can build factories, expand scale, etc., there is no problem. Sinopec is a standard central enterprise, and there are certain specifications for everything it does, and it can't run to build factories as you like.

In the case that the plans of Formosa Plastics and Haicang are still inconclusive, how can they go to Haicang to build a factory?

And so, the situation became weird.

Before the outbreak of the Gulf War, Formosa Plastics' intention to delay had been exposed. However, due to the Gulf War, Wang Yongqing's meeting with the central leaders was postponed to early February.

In the middle of January and early February, Sioux City not only expanded its methanol plant, but also made more preparations, set up a separate ethylene department, began to purchase suitable ethylene equipment, and purchased the drawings and surveyed the land for the large ethylene on his own.

The latter was done with the help of emerging groups.

These tasks are all pre-emptive work of the Haicang plan, and Formosa Plastics has done part of it, while Sinopec and PetroChina have not done it at all.

It can be said that taking advantage of this time difference, Su Cheng once again walked in front of Sinopec, and walked in front with a check.

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