Chapter 153: Big Loans

Wang Sheng actually didn't want to appear so soon. However, when he saw Su Cheng and Zhang Rongsheng talking happily, he couldn't help it.

If the two talk about the result, won't Formosa Plastics be blinded.

Wang Sheng took Su Cheng's hand and laughed: "I just received a call saying that Dahua Industrial has obtained the oil concession from the United Arab Emirates? It seems that you have tried it before, but it doesn't work at all. ”

Medium oil?

Su Cheng thought for a while, and then smiled understandingly: "The PetroChina you are talking about is Taiwan's PetroChina, right?"

"Yes, yes, you also have a China Oil. Wang Sheng patted Su Cheng's hand and said with a smile: "If you win the oil fields in the United Arab Emirates, Mr. Su Cheng's Dahua Industry is estimated to become one of the world's top 500, which is really enviable, you graduated from Peking University in 87, and my father also graduated from Peking University, you must have a chat." ”

Taiwan's PetroChina is now called "PetroChina", which is similar to the "PetroChina" reorganized by the Ministry of Petroleum, and is one of the world's top 500 companies. In the refined oil market on the island, PetroChina and Wang Sheng's Formosa Plastics are in full swing.

Zhang Rongsheng watched them chatting, he held his breath, and when he saw that Wang Sheng even offered his grandfather's move, he couldn't help but say: "Mr. Wang, you are not polite at all, Mr. Su was received by me first." ”

"Look at what Mr. Zhang said, why do you still come first and then come to pick up people. Otherwise, let's go eat Wang Pin's Formosa steak together, and I'll treat you. Mr. Su, Formosa Plastics Steak is the faΓ§ade dish of our Formosa Plastics Group to entertain VIPs, which was researched by the chairman's wife, and although it is a fully cooked steak, it keeps the beef fresh and tender. The absolute "Chinese" national style steak is completely different from the bloody steak of foreigners. Wang Sheng spoke very quickly, and there was no pause in the middle, only in the last sentence, he gritted his teeth and used the affirmative sentence.

Su Cheng also didn't like Zhang Rongsheng's Cao Cao style, so he bowed his head and said, "Then bother." ”

"Don't bother, in this way, let's go take a bath first, then drink a cup of tea, and then taste Formosa Steak, and then arrange some programs that everyone likes to see, what do you think?" Wang Sheng wanted to squeeze Zhang Rongsheng away quietly, and the programs he liked were obviously not suitable for Zhang Lao, who was about to retire.

"Tea and steak are fine, and you don't have to see the show you like, I'm too tired today. Su Cheng smiled and grabbed Zhang Rongsheng with his other hand, which immediately made everyone in the Evergreen Group feel much better.

Wang Sheng said with a smile: "Some programs, in fact, don't have to work hard, you just lie down and rest." ”

Zhang Rongsheng couldn't hold back any longer, coughed vigorously twice, and said, "Let's go and drink tea first." ”

"Please. Wang Sheng took another step forward and greeted Su Cheng into his car.

Zhang Rongsheng had no choice but to get into his own Bentley and follow behind.

Formosa steak is delicious!

Su Cheng has always liked to eat steak, and this time, Wang Sheng hit it crookedly and chose his favorite item.

After eating a third of the steak in one go, Su Cheng smiled and said: "It is indeed a Chinese national style steak, although it is fully cooked, the freshness is not inferior to Filet." Well, especially the marinade of the Chinese flavor is very distinctive. ”

Wang Sheng said happily: "What we eat is the chef's special Formosa steak, you say this, he may not be happy." VIP satisfaction is the greatest honor of our Formosa Plastics people. ”

Su Cheng smiled and continued to attack the steak, while thinking: In a hundred years, Formosa Plastics may not be there, and Formosa Plastics Steak is estimated to be still there. Most of the corporate culture engaged in by Chinese enterprises is foolish, and it is better to engage in corporate food. What could be more suitable for Formosa Plastics style than a "fully cooked Chinese marinade steak"?

The three gossiped and ran out of steak and fish.

After Su Cheng ate and drank enough, he wiped his mouth with a napkin and said: "Taiwan is the first stop for my financing, and Formosa Plastics and Evergreen Group are also companies that I think have the strength and interest to participate in oilfield financing." Now that both representatives are here, let's talk about it together. ”

"Of course. Both stopped their knives and forks.

"Celebrities don't speak darkly. I'm sure you've all done your research, in addition to the Dahua business, I personally own a small number of shares in the China National Petroleum Corporation, oil wells with a daily output of 1,000 tons, and two factories. My total assets are 50 million yuan, which is about 15 million US dollars, which is inconvenient to exchange. The oil field exploitation rights in the United Arab Emirates start from 30 million US dollars. Su Cheng paused, looked at the faces of the two, and continued: "In order to guarantee the winning bid, I hope to be able to raise more than $40 million, and $50 million is better." ”

Before they could speak, Sioux City chased after him, "I know you're going to put forward all kinds of opinions, but $50 million isn't that much for an oil concession, right?"

"However, the underwriting contract you signed is really a time bomb, and if it can't be completed, this loan will be very troublesome. Zhang Rongsheng shared the news he just got very generously.

Wang Sheng was really puzzled: "What underwriting contract?"

Sioux City then explained to him: "I decided to underwrite the UAE's 18 million tonnes of NP and lose ownership of the oil fields if it can't be completed." ”

Wang Sheng was also stunned, and said: "Your bet is really big, do you know that the price of natural gas in the past two years has been ...... all the way down."

"Natural gas prices are going down because there is an oversupply of natural gas in the United States, but that's going to end soon, and I guess in a year or two, they're going to have a new bill to fight the Power Plant and Industrial Fuel Use Act." "Sioux City did its homework.

"Still, the stakes are significant. Wang Sheng smirked twice and said, "Actually, if we propose an underwriting contract, the UAE will also give us an oil concession." ”

"If you come up with a contract, you take all the risks. Now, you just have to take on the risk of borrowing. After Su Cheng finished speaking, he laughed twice and said: "Actually, from another point of view, I paid such a big price, not only to get the oil concession, but also to get the promise of the right to exploit the oil field. If I don't win the bid, the underwriting contract doesn't exist. So, you're lending to an oil field owner. ”

Sioux pointed at himself.

"How do you guarantee the underwriting contract?" Wang Sheng always asked.

Su Cheng spread his hands and said with a smile: "Formosa Plastics should be able to solve 2 million tons of NPE, which is used for power generation and produces synthetic ammonia." In addition, the mainland is estimated to be able to solve more. ”

Wang Sheng now knew what Su Cheng was thinking. "The cost of using NP to generate electricity is more than 20% higher than that of crude oil and coal. ”

"But it can reduce pollution and increase the company's social responsibility. I remember that out of environmental protection and social responsibility, Formosa Plastics produced 1.6 million tons of liquid soda every year was changed from mercury to ion exchange membrane method. The increased cost is also 20%. ”

Wang Sheng laughed happily twice, and at the same time took a closer look: The UAE still has some traditional natural gas markets, such as the Middle East, Europe and the United States, and it is not a problem to continue to sell millions of tons through the UAE government. The remaining 1ooo more than 10,000 tons, if Formosa Plastics can consume 2 million tons, and the mainland of China can consume another 3 million tons, then only 5 million, at most 7 million tons, although the task is arduous, but not impossible.

In this way, the most important thing is to extract oil. As long as oil can be recovered, the remaining gas offtake agreement will not bring down Sioux City.

Wang Sheng thought so, and worried: What if oil can't be extracted?

Su Cheng drank tea quietly, knocked on the table after drinking a cup, and said: "I can order a batch of equipment from Formosa Plastics, plus some orders for synthetic ammonia, and in addition, I can underwrite a certain amount of petrochemical production" You use this trick again. But Wang Sheng still took the bait. The financial crisis of 1987 was not large-scale, but it also affected the profits and sales of upstream manufacturers. Formosa Plastics' large-scale petrochemical equipment cannot be stopped, and the inventory of warehouses has increased a lot.

He couldn't help but ask, "How much can you underwrite?"

"3 to 5 varieties of more than 100,000 tons, a total of no more than 1 million tons. This is another huge promise, but Sioux City is not worried, the ability of the Chinese market to embezzle industrial materials is super strong, and the dollars he earns will eventually be exchanged for yuan, and it is not troublesome to exchange industrial raw materials that are about to be in short supply.

Both Wang Sheng and Zhang Rongsheng now understand that Sioux City is betting on the market to get better, and on the recovery and prosperity of the world economy.

However, this kind of macro thing is often the most difficult thing to judge.

"I'm going to make a phone call. Wang Sheng got up and left the box.

"I'm out of company too. Zhang Rongsheng also left.

It took about 20 minutes for the two to return to the table one after another.

By this time, the table had been replaced by pure tea and champagne.

"The price of natural gas is 15% lower than the market price," Wang Sheng gritted his teeth and said: "At the same time, you have to provide 4 million tons of crude oil to Formosa Plastics, and sign a five-year supply contract at the current price." At the same time, 1 million tons of petrochemical products will be underwritten for a period of 15 years, and the price will be negotiated once every 5 years. In that case, we could borrow $25 million. ”

Formosa Plastics and Evergreen are not the same. Formosa Plastics is in the petrochemical business, while Evergreen wants to be in the oil trade. Therefore, Formosa Plastics wants to buy oil at a low price and sell its products at a low price, while Evergreen wants to get more oil.

As for natural gas, it's something that everyone doesn't like very much.

Sioux City naturally leaned towards Formosa Plastics, and only said: "The price of crude oil is negotiated once a year, and it is 25 million US dollars." ”

He knew that the price of oil was going to skyrocket, but no one else realized it.

Wang Sheng obviously didn't consider this situation, and couldn't wait to shake hands with Su Cheng and said, "Agreed." ”

Zhang Rongsheng didn't expect the two to make a promise so quickly, and they suddenly fell into an embarrassing situation.

After about 2 minutes or so, he said in a weak voice: "The five-year transportation agreement for crude oil and natural gas can be repaid in US dollars or oil." $20 million. ”

$45 million, although it didn't meet Sioux City's best goal, was also an excellent answer.

Sioux City suddenly relaxed.

The problem of money is solved, then, it is time to face the most brutal oil field bidding.