In the eyes of others, there doesn't seem to be much difference between Jinghai Construction and Lijing, Lijing is still the controlling shareholder of Jinghai Construction in name, but many people do not take into account the strength of the impact that Jinghai Construction will be affected this time. The adjustment made by Chen Mingxing in May put Lijing in a position where she would not be panicked, and it also showed that Chen Mingxing had the determination to break his wrist and abandon Jinghai Jianzong.

If the Century City project is successful, Lijing Group may indirectly enjoy the benefits brought by the success, and Century City will eventually die, and Lijing Group may also avoid direct impact, so as to preserve its roots.

Seeing this, Kong Limin also admitted in his heart that Chen Mingxing was an admirable business opponent, and very few people would have such vision and courage.

Chen Mingxing's failure in the past few years, and the performance of Lijing Group has stagnated, the main reason is that Zhang Quan is involved. In any case, Jinghai Jianzong's Century City project has reached an imperative step, and the huge trap formed by the blowout growth of the real estate market cannot be jumped out of without enough courage. Even if they feel the pressure, Zhang Kaiming and Zhang Quan have no intention of downsizing the scale of the Century City project, and they believe that as long as they survive this most difficult moment, the fruits of victory will be fruitful.

When the investment banks rated the risk of the Century City project, they all gave advice that it was not suitable to continue investment, and the billions of illegal loans of the city commercial banks cast many unfavorable shadows on the Century City project. All this doomed Jinghai Construction to be unable to obtain sufficient construction funds from banks and formal investment institutions. Of course, there is no shortage of people and institutions in China who are optimistic about the prospects of real estate, even if the Century City project is full of unpredictable risks, Jinghai Construction still borrows enough construction funds from other channels, but the price paid is naturally amazing. By the beginning of July 04, Jinghai Construction Co., Ltd. had more than 2 billion loans and borrowing funds for the Century City project, and the resulting financial costs became the direct cause of Jinghai Construction's huge losses in the first half of the year.

Lin Quan has read the budget book of Century City, which has a construction scale of 2 million square meters, and has estimated the investment budget in detail, and the price of building materials has also surged with the hot real estate market in the past two years, and it is expected that the final construction will exceed the budget by more than 30%. The pre-sale of Century City will catch up with the most severe period of macro adjustment (at least Jinghai will be the case), and the pre-sale prospect is extremely unoptimistic, which means that it is difficult for the Century City project to extract later development funds from buyers. In other words, Jinghai Construction can only rely on continuous borrowing to maintain the construction of Century City.

Even if Jinghai Construction can always survive this most difficult period, but when it is completed, it will catch up with the wait-and-see period of the property market, when the short-term debts will expire one after another, and Jinghai Construction will inevitably push the insistence of several people to the edge of extreme danger.

Lin Quan has not yet been able to judge the exact changes in the domestic real estate market in the next few years, but the regional real estate market in Jinghai City will definitely not escape his grasp.

The German photovoltaic market exploded as scheduled (in 04 years, the German photovoltaic market exploded by 235%), and the photovoltaic production capacity did not increase immediately, but the demand increased all of a sudden, and the price soared.

By mid-June, United Solar Power had increased its production capacity to 70 megawatts, but production was only 30 megawatts, and that's counting last year's inventory, with a gross profit of a staggering 320 million. In the second half of the year, the production capacity will increase a bit, coupled with the rise in the price of raw silicon materials, the profit margin will be reduced, but the global photovoltaic market is still in short supply, and the annual profit margin will reach a staggering 45%.

At the same time, the price of raw material silicon increased by 50%, and the domestic photovoltaic production capacity was expanding sharply, but the supply of raw material silicon that could be obtained was reduced by one-third compared with 03 years, because the eight major raw material silicon suppliers included the contract signed with MSNM in the hands of Liantou when calculating the supply in the Asia-Pacific region.

Nantian and Zhongwei Electric, two other large solar cell suppliers in China, also had solar cell production capacity of 25 megawatts and 30 megawatts respectively by June, but they did not increase the supply of raw silicon and could only use 50% of their existing capacity.

Xinbo Silicon Industry began to put into production, but the monthly qualified output in the trial operation stage was only 14 or 5 tons, and Qin Yu could not guarantee when it could operate normally. He took the technical backbone of the silicon material research center to do technical debugging in the production workshop day and night, and the run-in period could be passed one day earlier, and the continuous flow of high-purity silicon was a pile of gold mines.

The sales of Xinbo Silicon Industry are under the management of the marketing department of United New Energy, Yuan Xin finally tasted the taste of being an uncle, and domestic photovoltaic manufacturers are waiting for the rice of Xinbo Silicon Industry to go to the pot, and the tricks that can corrode Uncle Yuan have been tried. Even if Xinbo Silicon achieves its design goals, its output is not enough for domestic photovoltaic manufacturers, and striving for a few more points of supply share will directly affect the factory's annual income. In fact, the sales of raw material silicon are in the hands of Lin Quan, and the output of Xinbo silicon industry has not been raised, no matter how hard it works, it will be in vain, even if the design output is reached by the end of this year, it is not enough for domestic manufacturers to share. Another trump card in the hands of United New Energy is the MSNM contract, which is so large that the current production capacity of United New Energy and the German company Steinbach cannot be digested. In the full year of '04, MSNM will supply 400 MW of raw material silicon for Liantou, and United New Energy and Steinbach can only digest 170 MW of raw material silicon. Even if all of them are transferred at the current price, Liantou's income from this order this year will exceed 600 million, but Lin Quan exposed his essence as a businessman at this time, regardless of the pressure of the Energy Bureau, and regardless of the current situation of the shortage of high-purity silicon in the domestic market, he decided to stock up and lease the inventory storage base of the German Steinbach company, and hoard photovoltaic-grade crystalline silicon whose prices have been soaring.

In addition to the current supply of United New Energy and German Steinbach, other raw materials silicon are hoarded.

The current situation is obvious, the production capacity of photovoltaic cells has risen, but the supply of raw silicon is far from keeping up, and the price will soar further. In June, the price of photovoltaic-grade high-purity silicon increased by 60% compared with the same period in the previous period. The solar industry is starting to compete with the semiconductor industry for raw materials.

In June, Lin Quan went to Beijing twice, both to discuss the adjustment of real estate policies, but were invited by the leaders of the Energy Bureau to do ideological work. Lin Quan finally promised that the production capacity of Xinbo Silicon Industry after the first phase of normal production will mainly be supplied to domestic producers, and United New Energy will not occupy a share, which calmed the public anger. But Lin Quan also asked the two companies to supply at least 10 megawatts of photovoltaic cells to Steinbach in the name of United New Energy this year, in order to fulfill last year's supply contract with Steinbach and ensure the supply of solar cells from United New Energy this year, in addition to this, Lin Quan also asked for a 5% commission.

Now the photovoltaic market is a complete seller's market, Nantian, Zhongwei Electric each took out 10 megawatts of output to Liantou to occupy the market, not to mention, but also to pay 5% commission, Nantian, Zhongwei Electric to participate in the negotiation of people almost vomited blood, but the strong joint investment so that they have no way, Liantou will control the domestic supply of raw material silicon for a long time, at present no new energy companies have the confidence to break through the encirclement set by the joint investment. scolded his mother in his stomach, but he had to pretend to be kind and pleasant to bargain on his face. At the same time, they hope to obtain a certain share of the silicon company under the name of Liantou, although it cannot be compared with the giant crocodile of Liantou in the photovoltaic field, at least it must occupy a certain advantage, and the best way is undoubtedly to occupy a stake in the silicon company and gain a certain right to speak.

Xinbo's movements, some people think it's too slow.

Xinbo has done a good job in the planning of Qinglonghu Avenue as early as a few years ago, but has been unable to promote, at this time the integration of an overall plan for industrial and urban construction and development, are based on the previous planning, on its executable surname has been fully considered, for Chen Zhili, the early preparations are very smooth, but it is the mid-term negotiations to feel the pressure.

In June, the weather is getting hotter, and for Lin Quan, a lot of rest time is spent on various means of transportation, and the rest of the time is always at work. All parties want to speed up the process of Xinbo, in his journey, he has to squeeze out time for Xinbo, and the contact with Shu Ya is still very little, because Fang Nan deliberately alienated the relationship with Lin Quan, Lin Quan's life seems a little chaotic, he complained more than once: "In addition to work, I can't even tolerate a little private space, if Shu Ya is brought into such a life, it is unfair to her." I need you, you are both my lover and my assistant who I can't leave. ”

"If you really want to subordinate your life to your career, why don't you choose a marriage that will help Liantou's career?" Fang Nan could feel that there was a slight contradiction hidden in Lin Quan's stubborn tone.

"Political surname marriage," Lin Quan smiled self-deprecatingly and said, "I don't care, in the eyes of many people, I am an indifferent person, but with such parents, how sad is it for the children in the future?" ”

Fang Nan's heart ached, Lin Quan's self-deprecating tone hid the fear of childhood, gently hugged Lin Quan, and whispered: "Siyu is not your daughter, even if you are not her father, she will not have any regrets in her life." You should know that Shuya is the right person for you! Fang Nan didn't talk about any love, for Lin Quan, what kind of love is more or less extravagant, and Lin Quan needs a girl who suits him more at this time.

(To be continued)