Chapter 5 It's a little hard to get started

MSNM CEO Firinx has received very pessimistic news from his conservative friends that the chances of the New Energy Act passing the scrutiny before 05 years are almost zero, and perhaps the future will not be brighter until after the change of president.

After several years of expansion, the production capacity of the high-purity silicon enterprise has been fully able to supply the needs of the new energy industry, and the market is about to close. After several years of slow construction, due to the injection of huge funds, the construction speed has suddenly increased several times, in addition to Xinbo Silicon, soon another silicon supplier appeared in that country, that is to say, MSNM has no ability to open up the emerging market of that country.

Zhang Ya proposed the monopoly supply agreement on behalf of Liantou, which undoubtedly solved the most troublesome problem for Mr. Firinx. Liantou submitted a joint new energy solar cell capacity expansion plan to MSNM. In this plan, United New Energy will expand its production capacity at a five-fold rate every year next year, and will become the world's largest solar cell supplier in 06 years.

This plan reminded Firins of the Great Leap Forward movement of that country more than 40 years ago, but in a different tone of emotion: "The courage and enterprising spirit of the people of your country have always shocked the world!" ”

Lin Quan listened to Zhang Ya's relayed Firinx's sarcastic words, and kept a calm smile on his face, even if he was arrogant and ignorant, he would not expect the next year's production capacity to be expanded to the first place in the world, which would be a hundred times that of last year's production capacity, even if it can be expanded to the predetermined goal next year, it is also very uncertain.

According to the contract, MSNM will supply 3,000 megawatts of photovoltaic crystalline silicon for 5 years from next year for consumption by new energy companies under its control. This contract accounts for almost 10% of the total global production of photovoltaic-grade high-purity silicon in the next five years, and half of MSNM's total photovoltaic-grade high-purity silicon production in the next five years.

At a time when the German parties were wrestling over the "New Energy Act", the US Congress, as the leader of the industrial countries, once again refused to adopt the "Kyoto Protocol" and refused to assume its responsibility for the global environment due to economic considerations.

This also means that the new energy industry is unlikely to make leaps and bounds in the United States in the next few years.

This piece of news undoubtedly once again hit the confidence of some people, who had long been shattered, and even Yan Lihuang, Deming, Wei Siming and others in China inevitably appeared to be lacking in confidence, and they all suggested that Liantou abandon the previous plan that was too grandiose.

As he himself said, Lin Quan insisted on pushing the course of the incident: "The refusal of the US Congress to fulfill its global environmental responsibilities and the refusal to adopt the Kyoto Protocol due to economic considerations has undoubtedly cast a shadow over the prospects of the new energy industry, but the dawn is even brighter." For Germany, which is striving to become a leading power, the opportunity for the United States to abandon its responsibility as a leading power is not without crucialness, and the partisan forces that oppose the New Energy Act will inevitably change because of the US retreat, which is politics, not economics. ”

"Although the United States refuses to fulfill its responsibilities under the Kyoto Protocol, it does not mean that the United States will suspend its domestic preferential policies for new energy, on the contrary, the United States will definitely do some remedial measures in order to weaken the impact of this incident on its international image, and who can be sure that these remedial measures will not benefit the new energy industry?"

"Liantou must win the project before the situation becomes clear, and it can even make concessions during negotiations." Lin Quan's attitude was extremely resolute, and because no one under the name of Liantou could challenge Lin Quan's authority, Lin Quan's will could be carried out without hindrance.

Of course, the international influence of Liantou can be said to be almost non-existent. Even in such a cloudy atmosphere, MSNM still does not regard Liantou as a key partner.

The negotiations between Liantou and MSNM were very difficult, and the first executive of MSNM, Xi Fei Linx, asked Liantou to issue a huge letter of credit as a precondition for the negotiations, and it was clear that MSNM did not trust Liantou, a little-known investment institution.

After the negotiation is successful, the usance letter of credit will take effect immediately, and the huge amount of money will be transferred to the notary account designated by both parties as the contract deposit.

In the end, the contract deposit involved was nearly 100 million US dollars, but before Lin Quan went to Europe, there was less than 100 million liquidity left in the joint investment account, and after being stimulated by Chen Yu's provocative words, Lin Quan decided to throw away the last 6% of the shares of Jinghai Construction in his hand, so that he could raise almost 250 million funds. The main building of Nangang Mall, which was forced to be purchased in its entirety, has increased in value a lot so far, and if it is mortgaged, it can almost be loaned to the remaining shortfall.

As long as Jinghai CCB has money, Lin Quan can lend out the last dime of CCB, but it is debatable in what name to lend.

"The commercial loan of the venture capital project will definitely not pass the considerable review," Wu Guoxin, director of the credit department of Jinghai CCB, should be Lin Quan's private financing adviser, "can be used as a liquid surname supplementary funds loan, according to the regulations, the flow of funds in and out of the surname must be subject to CCB supervision, but once the funds are transferred to other banks, the whereabouts of the funds are not within the scope of CCB supervision." ”

In China, illegal acts involving hundreds of millions of dollars are such a simple matter. Perhaps banks are only concerned about the ability of Liantou to repay loans, and whether the flow and use of the loaned funds are illegal is not their main concern.

The production capacity of United New Energy will be quadrupled next year, and the second phase of the plant will be built before it is completed, and the third phase of the larger plant will be built, and the reserve of technical personnel is the top priority, which requires a large amount of start-up capital.

Jinghai Electric issued a total of 100 million yuan of new shares to Liantou, and the funds raised were used to purchase 75% of the shares of United Photovoltaic Component Factory from United New Energy.

Liantou paid money to United New Energy and turned a corner from Jinghai Electric, but its controlling stake in Jinghai Electric increased to 61%. This is already Jinghai Electric's second consecutive private placement this year, due to the stimulation of new energy themes, Jinghai Electric's performance in the secondary securities market is quite good.

(To be continued)