"In addition to the joint venture with thyssenkrupp, we have also reached a cooperation intention with South Korea's POSCO Iron and Steel to invest US$500 million to build a stainless steel production plant at the Tianjiangkou Steel Base, which is expected to produce 600,000 tons of stainless steel ...... per year after the new plant is put into operation," Bao said.

"In addition, we have also reached an agreement with Abede in Luxembourg and Tucker Oil in the United States to build a steel pipe plant with an annual production capacity of 1 million tons at the Tianjiangkou steel base, and its main products will be high-standard seamless steel pipes, including oil well pipe ......"

Bao Feiyang named several joint ventures and cooperation projects in a row, almost all of which were megatonnes, and the venue ranged from shock and silence to sudden uproar, and almost no one believed that this was true.

"Mayor Baodai, to what extent have these projects been carried out? Are you just in contact with these iron and steel companies, or are you ...... Or is it just a plan in the district?" the representative of Pugang was the first to react, stood up and asked loudly. He didn't believe that these projects had been negotiated at all, it was estimated that they were still just negotiations, and even in the planning stage, Bao Feiyang took these projects as political achievements.

The others also nodded, and subconsciously felt that Bao Feiyang had taken out the matter that had not been mentioned in the eight characters, and his impression of this young man suddenly became worse. Even those representatives who did not feel the impact of Pugang's relocation were not very impressed.

It's nothing to embellish or even exaggerate your political achievements a little, but you throw out so many billions, or even tens of billions of projects at once, all of which are related to steel, are you stupid when we are all stupid? If you say that you have talked about a certain project, then everyone can accept it, but you say that you have only been in Huixun District for more than a month, and you have talked about several large projects of nearly 10 billion yuan, is this a bit too exaggerated?

Bao Feiyang smiled slightly, and also realized that he threw out a bit of a lot of projects at once, as if everyone misunderstood, he hurriedly said: "The three projects just mentioned are the projects that have been finalized in many plans of Tianjiangkou Iron and Steel Base, and they have all signed investment letters of intent, among which the seamless steel pipe project joint venture with Tucker Oil and Abede Company has signed an investment agreement, and other projects will soon sign an investment agreement......

Bao Feiyang said: " From the beginning of the planning, the Jiangkou iron and steel industry base is going to the world's most advanced steel industry production base, and to build a production scale of 10 million tons, this production scale of course does not refer to a certain kind of steel, nor does it refer to crude steel, we hope that the products produced by the Jiangkou base can produce are the current shortage of products in our country, or even blank products, so we find the world's best steel mills to cooperate, in addition to the few just mentioned, there are several projects are still under negotiation, should soon be able to get new progress……”

"Comrade Feiyang, are you sure that the three projects you just mentioned can all sign investment agreements? Are there any preconditions for these agreements? For example, the construction of ports and other supporting facilities is required? And what is the cycle of investment and construction?" This time, before the representative of Pudong Iron and Steel could raise questions, Xiong Bihong couldn't help but ask.

Xiong Bihong still knows Bao Feiyang well, don't look at Bao Feiyang is very young, but in many cases, he will say more leeway about things that he is not sure of. For example, when it came to the relocation of Pudong Iron and Steel and Jiangnan ships, Bao Feiyang has always been relatively conservative. Only if he is really sure of something, he will say it more precisely.

In Xiong Bihong's opinion, since Bao Feiyang has already said so, the three projects he just mentioned should have been finalized.

This shocked him very much, it was not an ordinary project, with an investment of more than 6 billion yuan and an annual output of 1 million tons of galvanized steel plate for vehicles, an investment of more than 4 billion yuan in a million tons of stainless steel project, and a million tons of seamless steel pipe project......

Galvanized steel, stainless steel and seamless steel pipes for automobiles...... These products are basically weak domestic technical force, insufficient production capacity of products, China's annual imports of six million tons of steel, automotive galvanized sheet, stainless steel and seamless steel pipe accounted for half, that is, three million tons.

Although it is said that the steel production capacity is being limited in China, one of the main concerns of the city and Pudong Iron and Steel on the issue of relocation and construction of new factories is that in the context of production restrictions, the new steel projects will not be supported by the central government, or even cannot be approved by the central government. However, if it is galvanized steel, stainless steel and seamless steel pipes for automobiles, as long as it does not adopt outdated and backward technology, the central government will definitely support it. After all, these products are not self-sufficient in China, they need to be imported, and now they can be produced domestically, which is of course a good thing.

Xiong Bihong never thought that Bao Feiyang had been out for a few days, and he had negotiated so many projects, and the average time spent on each project was less than three days?

This made Xiong Bihong begin to doubt his judgment, feeling that he might not know enough about Bao Feiyang, Bao Feiyang may have been forced by the pressure of the election this time, so he took a risk and said that the projects that have not yet been negotiated are all definite projects.

So after he finished speaking, he immediately regretted it, because this was forcing Bao Feiyang's army to a dead end, so that he had to admit that he had exaggerated the facts. However, Xiong Bihong also knows that even if he doesn't ask, there will be others who will continue to ask.

He couldn't help but be very worried, if Bao Feiyang made a mistake on this issue, then he might be very difficult to pass the vote later.

At this time, Bao Feiyang turned his head and nodded to Xiong Bihong, and then said: "These three projects have signed an investment letter of intent with liquidated damages, which means that 99.9% of these projects will be implemented." The letter of intent for investment does come with a basic precondition, that is, it has been reviewed and approved by Huixun District, the city and the central government, and if the project cannot pass the review, then there is naturally no way to implement it. ”

"However, the letter of intent for investment in these projects is accompanied by specific process routes and technical parameters, all of which meet the world's advanced standards, and also meet China's requirements for limiting production and adjusting the product structure of the steel industry, so I think the central government and the city should support ......."

Bao Feiyang said as he motioned to Liu Hechun and Tang Yi to take the relevant documents to Xiong Bihong and others for viewing. Xiong Bihong took a thick stack of documents, stretched out his hand to open the top one, this is Bao Feiyang on behalf of the Huixun District Government and the German ThyssenKrupp company signed a letter of intent to invest in one million tons of automotive galvanized steel sheet, under the guidance of Liu Hechun, Xiong Bihong quickly swept the key terms, and applauded loudly.

"Great!"

Xiong Bihong handed the contract to Chen Keqin, deputy director of the Standing Committee of the Municipal Representative Conference, who was sitting next to him: "Director Chen, you see, there is indeed a liquidated damages clause, if ThyssenKrupp fails to advance the investment project according to this letter of intent, it will pay Party A Huixun District People's Government liquidated damages of 1 million US dollars......"

Xiong Bihong said with a smile: "This is 1 million US dollars, the Germans will definitely not default easily, this project is stable!"

Chen Keqin took a closer look, and the letter of intent did specify the liquidated damages clause, although he still had some doubts, such as worrying about whether there would be any other restrictive clauses in this thick contract, and he didn't have time to look at it for a while, but he took a brief look at it and recognized that this letter of intent for investment was very binding on thyssenkrupp, which was much harsher than the usual letter of intent signed between local governments and foreign capital. In this case, Bao Feiyang took out this project as a political achievement for publicity, there is really no problem, usually many places do this, a project has just reached a general intention, without signing any binding contract, the local government dares to take it out to hype, and in the end the project is not a few, in contrast, Bao Feiyang's approach is much more reliable.

"Yes, yes, with liquidated damages, the possibility of the other party defaulting is indeed very low. But you also have to keep an eye on it, and sign a formal investment contract as soon as possible!" Chen Keqin said, he didn't mean to pick bones in the egg, but he just felt that this was an 800 million US dollar project, even if it was put in the entire Pujiang City, it was a relatively large project, especially an industrial project, which was even more rare, of course, it should be fully promoted and implemented as soon as possible.

"Director Chen is right, this project area will definitely go all out to make the project land as soon as possible!" Xiong Bihong said with a smile.

At this time, Liu Hechun had already handed over the letter of intent document for the second project, and with the experience of the previous one, this time Xiong Bihong glanced at several key terms more quickly, and found that the situation of this letter of intent was similar to the previous one, and it also had a strong binding force, stipulating the liability for breach of contract of POSCO Steel.

"Okay, Director Chen, look, this also has a liquidated damages clause!" Xiong Bihong happily handed the letter of intent in his hand to Chen Keqin, and the previous letter of intent signed with ThyssenKrupp was handed by Chen Keqin to Yao Qi next to him.

Yao Qi took the letter of intent from Chen Keqin, his brows furrowed slightly, he had a bad premonition, he wouldn't let Bao Feiyang turn things over at this time, right?

If the three projects that Bao Feiyang said are true, then it is really possible that they will be overturned. After all, everyone's doubts about Bao Feiyang now are mainly young, rashly moving away from Pujiang Iron and Steel, and being too good at bragging, but if what Bao Feiyang said is true, then these doubts do not exist.