TEPCO, Orient International Power Investment Group Corporation. Pen, fun, and www.biquge.info

Founded in Hong Kong in 1992 and headquartered in the capital, it is definitely one of the youngest among the 114 central enterprises in the country, but thanks to the operation of international capital and the blowout development of the domestic power industry, it has risen to become one of the four major power companies in the country with strong capital strength.

Su Xiaolin is the earliest entrepreneur of TEPCO Group, at that time, she was still very young, she worked in TEPCO Group for 17 years, witnessed the process of TEPCO from scratch, and had a strong affection for TEPCO.

In the next five years, TEPCO still has a large number of new power plant projects, 4 trillion in 2008, which has also benefited TEPCO a lot, adding 17 new thermal power plants in the country, and through the cooperation with Zhongrun Group and Huayin Consortium, it also maintains the throne of one of the four giants in the field of hydropower.

After 5 years, what to do?

Sister Su is completely unclear that the market that can be expected to be developed in the next ten years has been eaten up by 4 trillion in advance.

Through her special relationship with Chen Jian, she has also obtained a number of "Global Economic Assessment and Forecast Reports" within the Huayin Consortium, and generally agrees with the judgment of the Huayin Consortium that the global economy will be difficult to turn around in the next ten years, and China's economic growth will also decline day by day, and there will be certain pressure to stabilize the growth rate of 6%.

The general principle of this judgment is simple.

The United States is now the main burden of global trade deficits, and although the United States will continue to bear a global deficit of more than $800 billion a year in the future after the subprime mortgage crisis, this trend may not last long.

As soon as the United States tries to narrow its deficits, or even no longer bear them, global trade will collapse.

In the global trading system, there is no trade surplus without a trade deficit.

China is the world's largest trade surplus country, and the United States is the world's largest trade deficit country, and China will lend the US dollars from the trade surplus to the United States to ensure that the US economy can continue to operate "healthily", continue to bear the world's major trade deficit, and ensure that China will continue to dominate the throne of the world's major trade surplus countries.

That's what business has done in the global trading system of the last decade.

For all developing countries, economic growth with a trade surplus and an increase in GDP can contribute to global economic growth.

In short, the biggest problem of the global economy at the moment is very simple: in a situation where it is difficult for the United States to continue to bear more trade deficits, and has no intention of bearing more trade deficits, who else in the world can afford the trade balance problems brought about by China's economic growth?

If China's economy is to grow, the trade surplus will widen, and the trade deficits of other economies will also widen.

Who?

No.

Over the past decade or so, the global trading system has collapsed.

Another problem is that the United States is unwilling to bear more international trade deficits, so China can only reduce its purchases of US Treasury bonds, use dollars to support the economic development of other countries, expand the trade deficit bearing capacity of other countries, and ensure the steady growth of China's exports.

This is an inevitable consequence, but it raises a more troublesome problem.

What if China does not continue to expand its purchases of U.S. bonds, and the United States needs to ensure the normal repatriation of dollars? The only way is to raise interest rates and allow other countries and international capital to buy US bonds.

The global economy is like this, and the United States has to raise interest rates to save itself, isn't that even more finished?

It's a tragic vicious circle!

The reason why China-US relations are important is that China is the largest trade surplus country, using the surplus to buy US bonds, maintain the United States to continue to bear the world's major trade deficit, and jointly ensure the steady growth of the global economy.

Once this cycle is broken, the existing global trading system will also collapse, and the global economy will usher in the Great Depression of the 21st century.

President Obama later wanted to start a new PTT and re-establish a new circular system, in which the United States would not have to bear more trade deficits, and the main beneficiaries of the American trade deficit would change from China to Vietnam, Mexico, Japan, Singapore, and Australia, and these countries would have the responsibility to cooperate with the United States to contain China's development.

That's a good idea, but does it make a difference to the American people?

President Obama did not answer this question directly, but could only repeatedly emphasize that this tactic was specifically designed to restrain China's rise, which is true.

Focus...... The jobs that PTT may lead to in the United States are entirely the Republican votes, and the jobs that may increase in the United States are entirely the Democratic votes.

FK, I can't bear it!

Therefore, the Asia-Pacific Economic Research Institute, the think tank of the Huayin Foundation, has a negative view of the global economic development trend in the next 10 years, and even the next 20 years.

Su Xiaolin, the chairman of the TEPCO Group, is deeply influenced by the Huayin consortium, and she will not express her concerns to anyone, including in the group's internal meetings and some symposiums with the State-owned Assets Supervision and Administration Commission, she is always optimistic.

This Sister Su is actually very worried in her heart, because 4 trillion has eaten up the growth dividend of power companies in the next ten years, and after 5 years, TEPCO's growth space is basically gone.

Among the four major power companies, TEPCO is the smallest in terms of seniority and handicap, and the easiest to be integrated, and the central government is now continuously promoting the internal integration of central enterprises.

Sister Su is actually very worried that TEPCO, which has the most shallow qualifications and strength, is likely to be merged in the future, and she may also be transferred out of TEPCO and lose this stage.

For her, it was like the end of the world.

Sister Su is a very smart female entrepreneur, or rather, there are already leaders in charge who have hinted to her that TEPCO can consider merging with another power company, which is the big brother of the power system, and this merger is also conducive to the development of Chinese power companies in overseas markets - as we all know, there are indeed not many opportunities in the domestic market, thermal power is strictly controlled, hydropower development is close to the zero cut-off point, and nuclear power is only the sphere of influence of the two major nuclear power groups.

Of course she is unwilling, she has worked hard for seventeen years, does she want to make wedding dresses for others.

The internal restructuring of central enterprises is not a topic that only appeared this year, but has been launched in 2002, but the internal resistance is huge, and all parties have elbowed and made no progress.

So, the facts are in front of us, unless China's economic reform is completely halted in this multi-faceted elbow system, the restructuring of central enterprises will happen sooner or later, or in five or six years.

Among them, the specific reason, even in 2009, as the top figures in this country, Sister Su and Xu Teng obviously have their own sources.

What Sister Su is most worried about is this matter.

Xu Teng didn't have any particularly good coping strategies, of course, he knew that Sister Su was a little worried, from his point of view, the integration of power enterprises ranked relatively low in the decision-making order of the central government, but Sister Su herself had a crisis.

Xu Teng and Sister Su emphasized that many things were transferred by Chen Jian, and the effect of persuasion was not great, this Sister Su, as the chairman of a state-owned enterprise, had a bit too extravagant personal living expenses.

"In fact, it is not completely without opportunities, after Toshiba acquired Westinghouse, the speed of digestion and integration is very slow, and it is not easy for a traditional Japanese company to integrate the old American company. It cannot be completely ruled out that Toshiba will sell Westinghouse in the future, although this business is 100% strongly promoted by the Japanese government behind the scenes...... If we can acquire Westinghouse and get the pressurized water reactor technology for the second and third generation of nuclear power, then we can jump out of the central government's policy restrictions and bid for nuclear power units overseas. ”

Xu Teng thought of a way, he also knew that the feasibility of success was very low, pouted, and didn't seem to care much about the probability of this problem, "Of course, for TEPCO, the most stable strategy is to enter the new energy field and expand investment in wind power, tidal energy and photovoltaic power plants." ”

"Elion Resources, have you been in contact with any of them?" Sister Su actually had an idea, but she couldn't do it herself, so she came to ask Xu Teng for help.

"Is that the company that is engaged in desert prevention and control in China?" Xu Teng shook it, obviously not in contact.

"This company is still quite meaningful, have you considered participating in investment, or mergers and acquisitions, they have used desert control agreements to get a lot of photovoltaic power plant contracts. Their operating model is basically very well established, using photovoltaic power plants to generate electricity in the center of the desert, and then taking advantage of the power supply in the surrounding areas to continuously expand the scale of sand control planting. I've been in contact with their company, and even though the profit margin is not high, they are very optimistic about the company's prospects, and the offer is very high. Sister Su's meaning has been fully revealed, she has received too many projects this year, and the capital demand for the new power plant is too high, so she can't spare a sum of money to acquire Yili Resources Company, so she has to ask Xu Teng for help.

"How much do they offer?" Xu Teng estimates that it will not be very cheap, this company has been working in the field of desert prevention and control for more than ten years, and is currently the best leading enterprise in desert prevention and control in China.

Globally, Elion Resources is basically in a situation where there are no competitors.

For such a unicorn company, it is impossible for Xu Teng to estimate less than 1 billion RMB, but it cannot be regarded as a large company, at least for the time being.

"2 billion!" Sister Su gave a very accurate number, because when she went to Jiangzhou to find Xu Teng for help,

"Wow, I'm overestimating myself a bit." Xu Teng finally understood why Sister Su came to him, although TEPCO Group had enough liquidity in its accounts, it wanted to acquire a unicorn company in a marginal industry, and wanted the approval of the State-owned Assets Supervision and Administration Commission, and the feasibility was almost zero.

If it is Xu Teng and the Huayin consortium, the effect is of course absolutely different.

"I think this business is quite promising, after all, it is a company engaged in environmental protection and desert management, which is very rare." Sister Su will definitely continue to lobby Xu Teng to help each other.

"Since Sister Su said so, it doesn't matter if you make less money. I will send someone to investigate as soon as possible and propose a plan for the acquisition as soon as possible. Xu Teng agreed, in fact, he was really interested in Elion Resources.

From the perspective of capital manipulation and investment, he can invest 500 million RMB in desertification prevention and control business, which is very remarkable.

is still the same sentence, since Sister Su has already opened her mouth, Xu Teng must still try his best, he personally feels that he really wants to talk about it, the price of 2 billion must be very exaggerated, and about 1 billion is broken.

Doing business, sometimes it's not so particular.

If he can't buy 1 billion, he will directly invest 3 billion to re-establish a new company, dig people and technology, and squeeze the other party.

At Xu Teng's house.

He and Sister Su talked for four hours behind closed doors in the study, and they were involved in many issues, including the Myitsone Dam, the allocation of funds for several other hydropower stations, and the early connection of several new power plants to the grid.

In the end, it is inevitable to talk about Fubon and Wu Yongbang again.

For a long time, Xu Teng thought that Wu Yongbang and a certain lady were really married, and through Sister Su, he learned that although the two held a banquet and admitted the relationship between husband and wife in that circle, they never got a certificate.

This is also normal, Wu Yongbang is married for the third time after all, and he has thrown off his ex-wife again and again for the future, and everyone has to be on guard.

The person who guarded against Wu Yongbang was not this lady, but the elder of the other party's family, and the interesting thing is that the person who called Mr. Lu at the beginning and asked Mr. Lu to take care of Wu Yongbang was also this elder.

It's probably a balance.

Even so, Xu Teng still gave a very sincere suggestion, hoping that Sister Su would tell someone that it was best to cut off relations with Wu Yongbang as soon as possible, this time, he was not a threat, but he really felt that Wu Yongbang was greedy for money and forgot his righteousness, and sooner or later he would ruin the other party's family style and reputation.

"The matter of husband and wife, how can it be so easy to say, the chairman is not without dealing with our women, the truth, everyone understands, what kind of person this is, everyone knows it, but she doesn't know. I don't know if she doesn't know, or if she can only go on with her head now. Sister Su sat on the rattan chair sofa in the study, holding a glass of red wine, sighed, and then replied to Xu Teng, "Don't worry, chairman, I will definitely try my best to persuade her to understand, this kind of man, to say something ugly, I feel disgusted even when I look at it." Having said that, she is probably also a little hot-headed, and seeing that her friends have their own companies, she is somewhat unconvinced. ”

"In this way, I donate to a public welfare foundation through my overseas account, whatever person or manner she names it, it will be under her control in perpetuity, and the heirs will be designated by her. Well, I'll give $1 billion at once, and everyone won't make it public, just know it in your heart. Xu Teng is definitely very generous in this matter, in order to break up the Fubang system, he has promised to export benefits to the oil department, sell several steel companies to China Coal and Iron at a low price, and then buy the major shareholder of China Coal and Iron for the other party through overseas capital.

As for the oil system, he can also lower the price code and transfer some of the oil assets held by the Huayin consortium to PetroChina, of course, he will not sell the offshore oil fields of the Huayin consortium in Angola, and continue to cooperate with CNOOC, and will continue to hold about 17% of CNOOC's equity.

He will operate these things very carefully.

It's easy to say anything else, the easiest place to get into trouble is to transfer steel assets to China Coal and Iron, and help Mr. Z win the major shareholder seat of China Coal and Iron, which is about 3 billion RMB, making the other party the second largest shareholder after Wu Guangxiong in essence.

As we all know, Z scenery will not be able to last a few years, and it will be investigated very badly.

Xu Teng's operations must be very precise, to be precise, the Xu family's operations in this area must be extremely cautious, and they must not show flaws.

There is no trace, there is no trace, and no one can find evidence.

Of course, the other party will confess.

Therefore, for the whole thing, the Xu family arranged for a Singaporean Chinese businessman to negotiate in the middle, without a direct meeting with the other party, without any record of the conversation, and without making it clear that this was the Xu family's money.

Anyway, these trust funds exist overseas, and it doesn't matter who gives them, as long as the other party withdraws from the Fubon system and is no longer entangled with the people of the Fubon system, the money will belong to the other party, and you can use it however you want - Xu Teng also bet that the other party is not so stupid, and directly used the money to buy the shares of Huamei Iron, and calculated that the other party would not cash out and transfer it within a few years.

Really wait for the other party to be in a hurry to transfer.

Xu Teng estimated that Hua Coal and Iron could almost stop falling, and instructed Wu Guangxiong to apply for a suspension of trading in A-shares, and after half a year, the other party was arrested, and he took it back at a low price.

That Mr. Z is also very smart, not stupid, he doesn't want the shares of Huamei Iron, he wants the shares of Huateng Company, and he wants the position of joint partner...... This is a typical inch of inches, so high that I don't know how high the sky is.

Xu Teng also ignored the other party, anyway, it was a middleman to negotiate, and he was not in a hurry, so he took his time.

As for the other woman, the one billion dollars promised by Xu Teng is a public welfare donation, anyway, it is a charitable donation, and it is not very important who named it, and it is difficult for the other party to go beyond the rules of the foundation to get cash...... With the other party's family style, it is not like this, Xu Teng told the truth, he estimated that the other party was really running it, and I am afraid that it was more responsible and more rules than the Red Cross.

In the final analysis, women are still easy to take advantage of when it comes to relationships.

Xu Teng's offer of such a high price just proves one thing, he has no intention of getting along with the other party and the other party's family at all, which is also a fact.

He also gave the other party a chance and thrust, cut through the mess quickly, and cut off the scumbag surnamed Wu in two, don't get involved in any more trouble, so as not to humiliate the family.

Sister Su is her own person.

Therefore, Xu Teng also spoke very frankly, and it was very clear that there are not many famous families in China, whether it is the Xu family, Sister Su, or the other party, they must cherish themselves and pass on their reputation.

This is a very important social resource, even indispensable, as long as it can be used reasonably, it can definitely provide more positive energy for the society.

For example, Xu Teng, no matter how ruthless he is in business, as the richest man in the world and the richest man in China, he has donated half of his assets to establish the Huateng Science Development Foundation and the Huateng Education Foundation.

These two foundations are the two major shareholders of Huateng.

This point also determines that the public welfare attribute of Huateng company is very strong, and it will donate at least one billion yuan every year for basic scientific research and domestic education donations, not to mention that the gravitational wave project in cooperation with the Chinese Academy of Sciences alone, Huateng Science Development Foundation will donate 300 million yuan a year.

Basically, only 30% of the domestic scientific research funds in the field of gravitational waves are funded by the state, and 70% is funded by the Huateng Science Development Foundation.

Half of the Chinese Academy of Sciences' quantum computers and quantum communications are funded by the Huateng Science Development Foundation.

Huateng Education Foundation focuses on providing better junior and senior high school education for young people in the central and western regions and rural areas.

In the field of universities, the state also has well-established student loans, and the interest rate is simply a model for socialist countries compared to American college loans.

Therefore, Xu Teng mainly focuses on high school education, and through the Huateng Education Foundation, he supports a higher level of high school education in the central and western regions and rural areas, and provides student donations for more poor students.

In more than 40 science and engineering colleges and universities across the country, Huateng Education Foundation and Huaxia Bank also provide full interest-free student loans, of course, only for special poor families.

That night, Xu Teng and Sister Su talked a lot of things, since Jian Chen's persuasion had no effect, he could only personally remind Sister Su to pay more attention to the standard of living, after all, he was his own person, and he didn't want Sister Su to be embarrassed in the future.

The most important point is that if Sister Su is really transferred out of TEPCO in the end, or if TEPCO merges into another power giant, there will still be a lot of damage and impact on the close cooperation between Huayin Consortium and Dongdian Group.

It's also strange to say, the relationship between Chen Jian and Sister Su is so special, it is useless to persuade a few times, Xu Teng and Sister Su have met for the second time so far, and when she says this today, Sister Su also promised to listen to Xu Teng's advice.

She swore to be a special chairman of a central enterprise to benefit the country and the people.

Xu Teng can only say that most of the time Lao Jiang has also reminded her during this time that she should be careful to sail the boat for ten thousand years.

People, it's not easy to get mixed up in this role, whether it's true or fake, a little more positive image can generate some positive energy for the society, which is a good thing after all.

It doesn't matter if it's true or not.

The difference between Sister Su and Xu Teng is still very big.

Xu Teng's luxury is much more exaggerated than Sister Su's, and the annual living expenses are never less than 30 million, if you count the various expenses of the special plane and the surrounding security personnel, it will be no less than 50 million a year.

A year like this is nothing.

Do you think, Xu Teng is this standard every year, how many top-quality suits, how many brand-name watches are in the wardrobe, how many antique cars are in the garage, and how much red wine is hidden at home...... It's been hard to count for a long time.

One of his suits, including design, fabrics, and labor, could not cost less than 20,000 pounds, a total of more than 400 sets, all leather shoes were made in Italy, customized according to the best standards, more than 200 pairs.

In all aspects of his life, he is basically the most elaborate standard.

Even so, he is still a positive energy in Chinese society, because he represents a temperament that will never be lost to anyone, especially European and American giants.

Now Xu Teng, it is basically impossible to wear a T-shirt and a pair of jeans to go out, always in a suit and leather shoes, exquisite, because this is him, this is the chairman of the Huayin Foundation.

Sister Su wants to compare with him in terms of living standards, that is really going to cause big trouble, he is the boss of a private enterprise, and Sister Su is the leader of a state-owned enterprise, this is the difference between them.

Today is the second time Xu Teng and Sister Su have met, and they talked very happily.

In the evening, Xu Teng will definitely invite Sister Su to dine at home...... These things, Hua Lingling, the housekeeper, was prepared two days ago, although Xu Teng asked Sister Su to pay more attention to the image of the leader of the state-owned enterprise, but when she eats at home, it will definitely not be more satisfactory to Sister Su.

In the middle, Sister Su took the time to make a phone call in the small living room.

When it was time for the formal meal, Hua Lingling went to the small living room to invite her, and she went to the dining room, nodded with Xu Teng and Xia Li, who accompanied her to dine, sat down with a slight smile, looked at Xu Teng, and told Xu Teng with certainty, "She agreed, anyway, there is no official registration, although this relationship is still quite smooth, it has lasted for seven years, seven years, and it should be over." ”

"There's Sister Laosu." Xu Teng smiled very implicitly, in fact, before this, he had asked others to do a lot of work, including the other party's sister, brother-in-law, brother, and younger brother, all of whom were persuading.

Sister Su's half-hour-long phone call, coupled with the final price of the "$1 billion" foundation, finally became the last straw that broke the camel's back.

This is the result that Xu Teng wants, the first step to dismantle the rich bon system.

Even if it is only for the share reform plan of Rongzhou Rural Commercial Bank, it is worth it.

Because Xu Teng has won the share reform quota of Yuzhou Rural Commercial Bank, although it is only the second largest shareholder, it is enough, plus the Yangtze River Bank, Jianghuai Rural Commercial Bank, which has completed the layout before this, and the Rongzhou Rural Commercial Bank that he is now bound to win, that is the real strategic layout of the Yangtze River financial line.

Along the Yangtze River, he laid out 4 points and 4 chess pieces, from the head of the dragon to the tail of the dragon, and each chess piece was placed in a critical position.

Of course, the volume of Rongzhou Rural Commercial Bank and Yuzhou Rural Commercial Bank is not large enough, and he has no intention of holding it, which is not eligible to be included in the sequence of the seven financial sisters under the Huayin Consortium, but as a channel platform of Huatai Insurance, the meaning is the same.

Doing business, to the level of Xu Teng, continue to move forward, every step is very difficult, every step is very deep. (To be continued.) )