Chapter 965: Business and Politics

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Jinshan's investment promotion work is not ideal, compared with the former competitor Jianye City, it can be said that it is very unsatisfactory. Pen, fun, pavilion www. biquge。 infoIn addition to the negative impact of the dam failure at Lake Jinsan, Kumho Corporation's shift of focus to preparations for the construction of the port on Dongshan Island was also a major factor.

In order to directly participate in super-large projects such as the construction of Dongshan Island port in Xinting and the 10-million-ton steel industry base, Kumho Shoji has also stepped up its efforts to directly absorb Chinese capital fleeing from Indonesia.

As of late November, Kumho Corporation's total liabilities exceeded $1.5 billion, of which $300 million were funds in the accounts of overseas hedge funds. With the help of Chinese capital to flee the chaos in Indonesia, the $300 million was dispersed and transferred to Kumho Sho's account, nominally a liability, but in fact it can be regarded as Kumho's own capital, which is actually responsible for up to $1.2 billion.

Kumho Corporation raised a huge amount of $1.5 billion in financing in just half a year, which can be called a miracle of financial financing in China in '98, and it can be said that it is the largest financing of a Chinese enterprise in the overseas market so far.

Compared with what Kumho Sho has to do, the $1.5 billion seems to be a bit insufficient: injecting US$200 million into Nanyang Shipping to obtain 12% of the equity, injecting US$10 million into Hongyuan Industrial, providing another US$50 million in corporate loans, obtaining 20% of the equity of Hongyuan Industrial, injecting US$120 million into Dongshan Iron and Steel to obtain 70% of the equity, injecting US$50 million into Dongshan Shipyard and obtaining 40% of the equity, and after the official launch of the Dongshan Port construction project, in order to obtain 16% of the equity of the port, Kumho Corporation will also come up with $400 million in real money.

These items cost more than half of the $1.5 billion, leaving less than $700 million.

The next 10-million-ton steel manufacturing base and large-scale shipbuilding base are also big mouths for money. According to the agreement that has been negotiated with Donghai United Iron and Steel Group, after Donghai United Iron and Steel acquires Dongshan Iron and Steel, Kumho Commercial will hold 20% of the equity of Donglian Iron and Steel, and Kumho Commercial will have to bear at least 20% of the financing responsibility for the construction of the 10-million-ton steel manufacturing base, and Kumho will also take another 700 million or 800 million US dollars of real money. After Yangpu Shipbuilding acquired Dongshan Shipyard, it will also build a large-scale shipbuilding base in Xinting.

In this way, 1.5 billion US dollars is not enough to even lay the foundation in the early stage, which is not difficult to understand why HG Samsung Group can owe more than 17 billion US dollars in foreign debt at its peak, and it is not difficult to understand the reason why there is no state support behind it, and the comprehensive trading company model is impossible for ordinary private enterprises to succeed.

Thinking about it, it was really tight to hold the funds in his hand, and what he had to do in front of him was a big mouth to absorb money, and Zhang Ke couldn't help frowning. Looking at Zhang Keda's frown, Liang Weifa smiled and said, "What's so annoying to you?" ”

"Lack of money...... Zhang Ke also told Liang Weifa frankly.

Zhao Youlun, who was sitting on the side, laughed and asked, "Will Kumho still be short of money, Kumho will sell 1.5 million mobile phones this year, right?" ”

Zhang Ke resisted the urge to tell Zhao Youlun that Jinhu had invested more than 4 billion yuan in the R&D system in the past year and a half, but squinted his eyes and shook his head and said, "There is still a shortage of money...... On the side of Jinshan, although the scattered Chinese capital has slowed down the impulse to withdraw from Indonesia, I expect the economic situation to improve next year, only the economy will improve, and the Chinese business families such as the Guo family in Malaysia, the Chen family in Indonesia, the He family, the Ma family and the Cui family in the Philippines will have the willingness to increase industrial investment, and I am very happy to match Jinshan......

Zhang Ke promised this sentence, Zhao Youyan still felt that it was a little insufficient, and he beat the snake and said: "I plan that the Jinshan Municipal Party Committee and Municipal Government will organize an investment promotion reception before the year, and invite Guo Songyan, Chen Wencong, Ma Wenqu, He Zhaokui, Cui Wenye and other Chinese business giants to come to Jinshan to take a walk on the spot, do you think it is feasible?" Zhao Youlun's tone changed slightly, "The investment promotion reception will also invite some personnel from Huaxia Electronics and RB Mitsui Company to participate in the ......."

Although Ikesahide Ikezo caused Mitsui's electronics companies to cooperate with Huaxia Electronics and Kewang is just to open up a smooth channel for the penetration of the RB electronics industry into the Chinese market by means of joint ventures, but for the local government, the joint venture company is built locally, which still has a great role in promoting the local economy. At present, the three joint ventures King Kewang will use Jinshan Electronic Park as a manufacturing base, Jinshan New Industrial Zone wants to revitalize, the electronic park has a pivotal role, Zhou Jinyu has been unable to give Zhao Youlun a threat politically, and supporting the electronic park has more realistic benefits for Zhao Youlun.

Jinshan is not Kumho's private territory, and Zhao Youlun is a senior state cadre, nor is he an official attached to Kumho, Zhao Youlun can say hello in advance, which is already quite a face-saving situation for Kumho, as long as Zhao Youlun is not afraid of the Xie family's backlash, Zhang Ke of course has no reason to interfere, business competition is better away from politics, otherwise it is too arrogant, he smiled and said: "This investment promotion cocktail party, I dare not guarantee that the few people you named will be invited to Jinshan, I think they will also pay special attention to it......" Thinking in his heart, Xie Jiannan, Chi Zuo Xiuzang, Zhou Xingdong and others also happened to be watching birds on the same mountain early this morning, maybe Zhao Youlun reminded them, presumably they should have been in contact.

Zhang Ke can say this, of course Zhao Youlun is happy, he is also worried that Zhang Ke is too narrow-minded, gritting his teeth to fight with King Ke and Huaxia Electronics and Mitsui behind him, at this time, there is not much choice for him.

Liang Weifa didn't have too much to worry about, thinking that King Ke's base in Kumho's base in Haizhou was also very nourishing, at least he was not subjected to additional suppression by business in the past, otherwise with Kumho's power in Haizhou, Kumho would really have to do whatever it takes, and it would be difficult for King Kewang to survive in Haizhou for a day.

Zhang Ke also has his considerations, business matters and political matters are more clearly distinguished, which is more beneficial to Kumho's future development, if Kumho extends his hand to political matters for too long, with Kumho's power at this time and the future development trend, maybe someone in the central government will have some unnecessary wariness, and it is a wiser choice to let Jinshan restore a seemingly balanced pattern.

Kumho holds 30% of the shares of the city commercial banks in Haizhou, Huishan and Jianye through its subsidiaries, and now Zhang Ke takes the entire Xiaojiang River basin as a big chessboard for economic layout, and Jinshan and Xinting are the other two important cities in the Xiaojiang regional economic cooperation plan, which naturally cannot be ignored. With the gradual liberalization of the financial industry by the central authorities, the city commercial banks confined to a corner of the local area are bound to embark on the road of joint development, but the union of urban commercial banks in the first province of the East China Sea is of course not as reasonable as the joint establishment of new large commercial banks by the urban commercial banks of the two provinces of Donghai and Jiangnan. Twenty-five cities above the prefecture level in the two provinces can even predict with certainty that in the future, the scale of the five cities of Haizhou, Huishan, Jianye, Jinshan, and Xinting will far exceed the total scale of the other 20 cities.

With Kumho's capital injection, the strength and scale of Jinshan and Xinting's city commercial banks will be raised to a higher level, which is absolutely beneficial to the local economy, but the conditions for Kumho's capital injection are also very harsh, restricting the government from relying on public power to borrow from city commercial banks, and even more restricting the government's public power to exert influence on the operation of city commercial banks, and the financial funds should be mainly used to support local small and medium-sized enterprises.

After meeting with Liang Weifa and Zhao Youlun, at three o'clock in the afternoon, Zhang Ke accompanied Tang Xueqian straight to Xinting to inspect the preparations for the construction of a port on Dongshan Island.

With the injection of Huaxia Electronics and NEC Electronics into Kewang, the control of Xinkewang is not completely controlled by Xie Hanming, Xie Jiannan and his son, Xinkewang is no longer a family business, Xie Hanming was not able to come to the front of the stage, but after Zhou Jinyu was relieved of all his duties, he went back to Xintai's hometown together. Xie Hanming and Zhou Jinyu's previous residences in Jinshan were also taken back, and Xie Jiannan had to stay in a hotel every time he returned to Jinshan.

Even if he established a joint venture with Huaxia Electronics and NEC to obtain the Japanese color TV and display tube manufacturing technology and production line, Xie Jiannan still walked on thin ice and did not dare to be careless.

Swallow Jinshan Electronic Park as a production base, the fate of King Ke in the future is pinned here, but the situation in Jinshan is simply extremely bad for King Ke, the secretary of the provincial party committee and the executive vice governor of the main industry are standing on the same line with the rival Kumho, and Zhao Youlun fought with his mother during his tenure as mayor of Jinshan, not to mention Zhao Youlun, Governor Liang Weifa is also obviously inclined to Kumho in his position, for King Ke, the situation in Jinshan is simply worse than Haizhou, At least Liu Wentao, the newly appointed secretary of the municipal party committee in Haizhou, is very uninterested in Kumho.

Xie Jiannan didn't know what kind of response he would get when he met Zhao Youlun at this time, thinking that at least Huaxia Electronics, Mitsui and NEC were behind King Ke at this time, and Zhao Youlun also slapped King Ke to death in Jinshan, but he was still very worried, after all, the influence of Huaxia Electronics and RB Mitsui was mainly in the central ministries and commissions.

Xie Jiannan waited in his hotel room, and at about three o'clock in the afternoon, Zhou Xingdong called and said that Zhao Youlun could find time in the afternoon to meet him and Chi Sazuo in the office......

Xie Jiannan didn't mind him being kicked aside, as long as Zhao Youlun still recognized the status and influence of Huaxia Electronics and Mitsui in China, Kewang would be able to maintain it in Jinshan, but he was worried that Huaxia Electronics and Mitsui would use this as an excuse to further compete for control of Kewang.