After a series of moves, the assets of the park company have reached more than 3 billion, and there are no liabilities. The assets of 300 million yuan include shares in three joint venture projects, totaling 300 million US dollars, about 2.5 billion yuan. Among them, 2 billion yuan is cash shares, and more than 500 million yuan is converted into land and other resources.

Subsequently, the first phase of financing was carried out in the name of the park company, and the initial financing was 200 million yuan, which was used as the start-up capital for the construction of Xinpu Steel, and on this basis, the low-interest loan of 2 billion yuan promised by the state was obtained in the name of Xinpu Iron and Steel, and 4 billion yuan was raised before and after for the construction of Xinpu Steel.

In addition, Xinpu Steel has introduced strategic investments such as Fangta Mining, Tangsheng Heavy Industries, Fangxia New Materials, and ThyssenKrupp, with a total investment of one billion yuan, accounting for 33% of the shares, making Xinpu Steel the first large-scale joint venture iron and steel enterprise in China.

Tan Ma Xi originally expressed interest in investing in the Xinpu Steel project, but since Bao Feiyang returned from Beijing, Tan Ma Xi has not continued to follow up on the project, and their energy seems to be focused on the construction project in the Gaoqiao New Port District.

Shabang Town, Huixun District, technicians are surveying the plot, with the landing of several projects, the early establishment of the Tianjiang Iron and Steel Industrial Park Management Committee began to carry out preliminary work on the construction of the park, in addition to survey, planning, the most important thing is the relocation of residents in the park.

Shabang Town covers an area of 32 square kilometers, about 20 square kilometers along the river are all classified into the steel park, plus the surrounding two towns near the river about 15 square kilometers of land, the total planned area of Tianjiang Iron and Steel Park has reached 35 square kilometers, this scale has roughly reached two-thirds of the later Beijing Iron and Steel Caofeidian Iron and Steel Power Industrial Park, Caofeidian Park is planned to reach 20 million tons of fine steel production scale, as well as 5,000 megawatts of installed power generation capacity, and other industries with this as the core.

In later generations, the development of Caofeidian was huge, but it was also questioned, and for a while, Caofeidian was also called a ghost town. However, in Bao Feiyang's view, this is also normal. After all, even if China's economy has maintained a relatively high rate of growth, it will also be affected by the economic cycle, and there will be troughs and peaks, with the growth rate of the national economy only 6 or 7 percent at the trough and 13 or 4 percent at the high, with a difference of twice as much in the middle.

For the construction of a new city, the time span is very long, more than ten years is actually very short, and in more than ten years, it may have to experience one or two economic cycles of ups and downs.

Of course, the situation in Tianjiang Iron and Steel Park is different from Caofeidian, which is far away from the economic center, even if it is dozens of kilometers away from the urban area of Tang City, and the economic size and economic status of Tang City are nothing more than how much help Caofeidian provides.

Although Tianjiang Iron and Steel Park is also a suburb, it is very close to Chundong New Area, and Pujiang City's economic size and economic status are not at all comparable to Tang City, Tianjiang Iron and Steel Park is completely part of Pujiang City's industrial system.

The planning of the Tianjiang Iron and Steel Park has not yet been fully finalized. According to the plan proposed by Huixun District, led by Bao Feiyang, the planning area reached 35 square kilometers, but the city believes that this planning area is too large. Chundong New Area planning several industrial parks, Yinqiao Export Processing Zone north and south of the total is less than 30 square kilometers, known as Pujiang Silicon Valley Chunjiang High-tech Park, the planning area is only 25 square kilometers, Jingshan Chemical Industry Zone is only 29 square kilometers, Pujiang City's existing six national economic development zones, the largest is Jingshan Chemical Industry Zone, all of which do not exceed 30 square kilometers, and the steel park directly proposed a planning area of 35 square kilometers, which is simply ambitious.

However, on this issue, Bao Feiyang still insists on his own opinion.

"35 square kilometers, it seems to be very large, but for the steel industry, it is not very large, Xinpu Steel produces 10 million tons of crude steel, and the downstream will form 10 million tons of high-end steel production and processing capacity, including follow-up mechanical processing production capacity, forming a complete steel deep processing industry chain ......" At the on-site office meeting, Bao Feiyang said to Executive Vice Mayor Zhou Kunlin and others.

"In the future, the steel park will form a steel smelting and high-end steel production base, a steel logistics and trade distribution center, an iron ore trading and distribution center, a steel deep processing park, a building materials processing and manufacturing center, and a mechanical processing industry base, forming a modern steel industrial park covering the entire industrial chain from the upstream iron ore and coal transportation trade, to metal smelting, to high-end steel production and deep processing...... Focusing on iron and steel, the park will also develop related coal chemical industry, electric power, metal processing and trade, and build a metal processing industrial base, as well as a new material industrial base......"

Bao Feiyang said: "The future development of Tianjiang Iron and Steel Industrial Base will not be limited to steel, in addition to steel smelting and manufacturing, coal chemical industry, new materials, power generation and new energy ......."

For the planning of Tianjiang Iron and Steel Base, there is already a detailed plan in the plan submitted by Huixun District, which also mentions the iron ore trading and distribution center, coal chemical industry, new materials and energy industry. According to the plan, in the future, Tianjiang Iron and Steel Park will form several major sectors: steel smelting and processing, metal materials processing, ore trade and distribution, coal chemical industry, new materials and energy industry.

According to the scale of 10 million tons of steel production, there is really no need for 35 square kilometers of park area, the Municipal Planning Bureau according to the steel industry and other industries one to one calculation, that 20 square kilometers of the park is enough, Pujiang is not another place after all, even if the development of Huixun District is in the ascendant, but land resources can not be wasted. However, Bao Feiyang has higher expectations for other industries, and even in his plan, Xinpu Steel is just a starting point, an introduction, and the special steel, new materials, metal processing, and even ore trade derived from it are much more important than Xinpu Steel itself, and even the potential of coal chemical and energy industries will not be smaller than that of steel.

Of course, there is no doubt that the steel industry is a large industry, and the future potential is also very large, and China's steel output has risen more than ten times from the current 100 million tons to one billion tons in more than ten years. Because of this, Bao Feiyang does not intend to let Xinpu Steel deeply participate in this new great leap forward in the steel industry. He believes that Xinpu Steel should become a technological benchmark for domestic steel enterprises, insisting on technological leadership, rather than output leadership. And the scale of 10 million tons is also a relatively suitable economic scale. Moreover, in the future, Xinpu Steel can expand its production capacity in other places by investing in the construction of new plants, or mergers and acquisitions, while Tianjiang Iron and Steel Base should vigorously develop the production and processing of special steel, and always focus on the field of high-end steel.

The combination of steel and electricity stems from the large demand for electricity from iron and steel enterprises, the recycling of heat energy in steelmaking, and the need for common raw material coal. The development of electricity in the iron and steel industrial park, on the one hand, can meet the demand for electricity for steel production nearby, on the other hand, it can also recycle the thermal energy in the steelmaking process, in addition to the need for coal production in steel production, and the power on this side of Pujiang is mainly coal-fired power generation, based on the large demand for coal, the development of coal chemical industry is also feasible.

At present, the largest coal chemical enterprise in Pujiang is Pujiang Coking Plant, which has a daily production capacity of 2 million cubic meters of city gas, produces more than 1 million tons of metallurgical coke, and also produces methanol, phthalic anhydride, coal tar series, oleochemical series, industrial gas series, inorganic zinc series, activated carbon series, water reducer series and other coal chemical products.

The prospect of coal chemical industry is very good, the traditional coal chemical industry includes coal coking, coal to fertilizer, coal to methanol and downstream products, as well as coal-based polyvinyl chloride, etc., the general production scale is relatively small, the main products are single, and the environmental protection facilities are simple. However, modern coal chemical industry has made a breakthrough in technology, direct and indirect liquefaction of coal, coal-to-methanol to olefins, synthetic natural gas, ethylene glycol, can replace petrochemical products to a certain extent, and at the same time the production scale is larger, energy and chemical products co-production, energy conservation and environmental protection facilities are complete, and the development of parks and bases is very promising.

After the coal is liquefied and fractionated, methanol is made to olefins, and after the olefin is separated, it can produce polyethylene and polypropylene to replace petroleum products.

Of course, it is more economical for modern coal chemical bases to be built at the mouth of the pit, that is, to build on coal products. After all, the transportation cost of coal is relatively high, and it is more cost-effective to transport it after refining and processing. There are no large-scale coal mines around Pujiang, although the coal from Ludong and Liaodong can be imported from the sea, but the cost will be higher than that of the pit mouth base, so to a certain extent, the coal chemical industry in Pujiang will not blindly pursue the road of scale, and the development of coal chemical industry is mainly to use the needs of coal for steel production and coal-fired power generation, and to make more reasonable use and development of coal resources. Moreover, the coal chemical products of Tianjiang base should focus more on high-end synthetic materials, synthetic olefins, polyethylene, polypropylene and more back-end products. The depth of the product chain is enough to resolve the cost disadvantage.

Another point is that although domestic coal resources are sufficient, the price of imported coal in large quantities in the future will actually be lower than the price of domestic coal.

Of course, the purpose of the development of coal chemical industry in Tianjiang Iron and Steel Industrial Park is not to compete with other pit mouth coal chemical industry in China, and the purpose of Bao Feiyang is still to reasonably optimize the industrial integration of the park. The future focus of the park is on the development of special steel and new materials, which not only need coke for steelmaking, but also some products of coal chemical industry are additives and raw materials for the production of special steel and new materials, such as coal chemical industry can make propylene, and acrylonitrile can be prepared by acrylonitrile ammonia oxidation method, acrylonitrile can be synthesized into polyacrylonitrile fiber, which is the so-called acrylic fiber, which is a very good textile fiber.

Of course, if it is only acrylic fiber, it will not make Bao Feiyang forget, but polyacrylonitrile fiber can also be used to prepare polyacrylonitrile-based carbon fiber, and it is one of the main preparation methods of high-performance carbon fiber.

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