Volume 3 Aftermath 138 Continuation of the Canton-Hankou Railway (II)
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Volume III Aftermath 138 Continues the Guangdong-Hanzhou Railway (II)
(sorry! The description of the Guangdong-Hankou Railway in the previous article is different from the real history, and there are some places where the Guangdong-Hanzhou Railway was partially repaired in the late Qing Dynasty, and the new investment here refers to the part that has not been repaired. )?????
"Young master, it's done! The British promised! They agreed to rebuild the Guangdong-Hankou Railway at an investment ratio of 2.5:1.5:1:5. Lin Yimin walked over happily with a copy of the text.
"Show me!" Situ Nan "snatched" Wen Jiàn from Lin Yimin, which was a draft agreement, and the four parties to the contract were HSBC, American-Chinese Bank, Citibank and China.
After Gengzi, the international banking syndicate took control of most of China's railways, especially the Jinpu Road, and after the May Fourth Movement, it was more sensitive to foreign cooperation, and even Duan Qirui did not dare to blatantly hand over the railways to foreign companies if there was no reasonable reason. Therefore, Situ Nan insisted that the shares of the Chinese side must not be less than average, so that the drama can be sung.
When Lin Yimin was negotiating with HSBC representatives, he said strongly that if the British stopped playing, the United States and China would join Citibank, Crédit de France and the Chinese company to play together.
HSBC immediately clamored that the Canton-Hankou Railway could not have succeeded without the consent of the British.
Indeed, the British have the strongest influence in China, they don't nod, the Beiyang government doesn't dare to nod, and the Guangdong-Hanzhou railway really can't be repaired. However, this does not mean that HSBC can lightly veto the efforts of the United States and China.
For HSBC's threat, Meihua is disdainful. After Lin Yimin got Situ Nan's hint, he strongly said that if HSBC is stubborn, Meihua will bypass HSBC and directly cooperate with other local consortiums in the UK, and I believe that the local consortiums in the UK will be very interested, such as Barclays.
Behind the US-China Company is the William Consortium of the United States, which is indeed capable of finding a British local consortium to cooperate, and then there will be nothing to do with HSBC. HSBC knows this. After thinking about it inside and out, they agreed to return to the negotiating table.
However, he couldn't let go of the face of the largest bank in China, and insisted that HSBC should have the largest stake in the newly built railway section.
Secretly, Meihua is ready to invest heavily in the Guangdong-Hankou Railway through the Bank of Guangdong, which is secretly controlled by Guò, so as to maintain the actual control of HSBC.
HSBC was somewhat aware of this, and after guaranteeing their own interests, they no longer demanded too much. Maybe they think the same thing.
HSBC is the largest British-funded enterprise in China, and controls the largest share of China's railways, and the Guangzhou-Kowloon Railway is also in their hands, and the benefits of building the Guangdong-Hankou Railway to Britain are self-evident, and it can connect the Hankou Concession with Hong Kong, and consolidate and strengthen economic control over the areas south of the Yangtze River.
Meihua Company is a latecomer, but by virtue of its alliance with Chinese businessmen in Nanyang and Guangdong, it holds a large number of shares in the Guangdong section of the Guangdong-Hanzhou Railway, and at the same time acquires some shares of the Chaoshan Railway from the family of Zhang Rongxuan, a wealthy businessman in Nanyang, and has already connected the Chaoshan Railway with the Guangdong-Hanzhou Railway, and its control over the railway in Guangdong is no less than that of HSBC.
Together, there are two benefits. After reaching an agreement with HSBC, things went a lot better. Half of the shares in China are raised by the public, except for those held by the government.
The total investment of the Guangdong-Han Railway is initially set at 20 million, and after HSBC, Meihua and Citigroup divide it in half, the remaining 10 million yuan of investment will be subscribed by Chinese.
The businessmen and gentry in Guangdong, Hubei, and Hunan were the most enthusiastic and subscribed one after another. The three provinces together subscribed for 6 million yuan at once, and the rest fell into the hands of businessmen in Shanghai, Tianjin and other places.
The Bank of Guangdong subscribed for 500,000 of them, and the Hong Kong Commercial and Savings Bank subscribed for 200,000, adding up to less than 1 million, but both banks have overseas backgrounds, and behind them are Chinese businessmen in Guangdong and Nanyang. Through the hands of these two banks, the Chinese businessmen in Nanyang subscribed for 1.5 million yuan of shares in the Guangdong-Hanzhou Railway.
With all the total, plus the 15% stake directly held by the U.S.-China Bank, Situ Nan controls 26% of the shares of the Guangdong-Hanzhou Railway, faintly surpassing HSBC.
Of course, HSBC also arranged for some agents to hold shares in the Guangdong-Hanzhou Railway, but Situ Nan didn't care, he was more concerned about building the railway.
"Young master, we worked so hard this time, and as a result, we were taken advantage of so much, I feel a little unwilling to think about it." Lin Yimin said. For the sake of the railway, the Meihua Company made a lot of concessions in other aspects, and in order to encompass the relationship figures from the central government to the local government, the cost paid was not low.
In particular, the most difficult section of the railway from Shaoguan to Zhuzhou was built by the Meihua Company, the terrain is complex, the mountains and rivers are dense, and the construction cost of the guide zhì is high, and it is unprofitable to actually undertake such a work.
"So? Meihua has always eaten meat, which is easy, but now she has to be willing to bones, not adaptable? Situ Nan looked at Lin Yimin with a smile. It is true that there is not much oil and water in the construction of the railway this time, but we must look farther. The loss of the project can actually be earned back from other places, didn't you invest in cement and other building materials in Foshan? And our Hanyang Iron Works, which provides various products for the project, and the money has come full circle, and it is not back in our pockets? ”
Situ Nan smiled and said, "Do you know why I want you to undertake the most difficult section of the railway project?" It's a test, and it's a grind. In the future, whether it is the construction of this place or in Nanyang, there will be all kinds of engineering problems, and this is an opportunity to learn and hone! It is also worth spending some money to train a group of engineering and technical personnel, now we lack people, and money is also lacking, but it is not the most important thing. ”
"I see!" Lin Yimin nodded. In fact, he also thought about these truths, but he didn't expect them to be so far.
In Situ Nan's plan, after connecting the Guangdong-Hanzhou Railway throughout the process, the next step is to build the Shaojiang-Jiangxi Railway, and then connect the Jiangsu and Zhejiang regions. From Guangzhou and Shanghai to the south and the north, the two major economic belts of the Yangtze River basin and the Pearl River basin, which are the richest in China, will be controlled.
Situ Nan told Lin Yimin of these ideas, so that he could have a bottom in the heart of China's great housekeeper.
At the same time, Situ Nan also planned to build a bridge over the Yangtze River to connect the two railways of Guangdong-Hanzhou and Jinghan, but that was a long time later.
After talking about the railway, Situ Nan thought of Meihua's most profitable real estate project in Guangzhou, and he asked, "How is the situation in Guangzhou?" ”
"Not bad! Meihua Road will be built in another month, and a neat and wide commercial street will appear on the streets of Guangzhou. The shops we built were sold out for rent. Now the land prices and housing prices are rising there, and if it weren't for the money to recoup the money to build the railway, I would be reluctant to sell some of the property! Lin Yimin said with some heartache.
"Yes! It's a pity that the hard-built property was bought out at once. But there's no end to the money. It is much more interesting to invest money in construction elsewhere than in real estate development. Situ Nanyu smiled.
"Well, just like the Hanyang Iron Works, at the beginning, we knew that we would lose money and throw money into it," Lin Yimin said, knowing that Situ Nan put himself in China not only to make money, otherwise it would be faster to make money by engaging in real estate development in the United States.
"However, this time the ironworks don't have to lose money! Instead, it soared through the railway. Lin Yimin said with a smile. Long before Meihua acquired the Hanyang Iron Works, he was in Guangzhou to discuss the Guangdong-Hanzhou Railway with representatives of HSBC, so he could not get out of the acquisition of the Iron Works.
When he learned that the company was going to buy the Hanyang Iron Works, Lin Yimin realized that the iron works and the railroad were the two major strategies that Situ Nan had established.
"Not only the iron factory, but also the manufacture of machinery, mineral development and a series of other investments will be carried out around the Yuehan iron wheel, in this respect our competitors are British, but the British are greedy for convenience, like to invest in trade, sell all kinds of goods, and buy silk tea bristles and other local products.
Our goal is in steel, machine manufacturing, mine development, electricity, etc., and we may not make money in three to five years, but these investments will not be in vain. This place, in particular, is a major focus of our investment after Wuhan. ”
Situ Nan clicked on the map of Zhuzhou, Hunan, "Zhuzhou is a railway node, and there will be more railways passing through here in the future, it is the main railway hub in the south, with great investment potential, and at the same time, in the lower reaches of the Xiangjiang River, there is convenient water transportation, and it is likely to develop into the second largest city after Changsha. Although it is backward now, there are many valuable things. Look at this! ”
When Lin Yimin was thinking about enclosing land near the Zhuzhou traffic artery, Situ Nan handed him an investigation report. According to the report, Zhuzhou has abundant coal and iron resources, such as coal, iron, tungsten, lead, zinc, gold, tin, uranium, molybdenum, copper, silver, and niobium.
At the end of the report, there is a line of red pen instructions: grain, coal and iron, non-ferrous metals.
Situ Nan's crooked handwriting is very familiar to Lin Yimin, and this has become a landscape in his heart. Lin Yimin didn't know that there was a person in history who wrote ugly, but he was self-contained and exemplary.
After thinking for a while, Lin Yimin said: "I will arrange for Pingxiang Mining Company to invest in Zhuzhou, as well as invest in a machine repair plant near the station, and the rest will be pushed forward slowly." ”
"Good." Situ Nan nodded. "If you have any questions, you can find Liu Chengmin, Nanhua Grain Bank is developing well in Hunan, I think he can provide you with some convenience."
"Okay." Lin Yimin nodded. At this moment, a line has been formed in his mind, and Guangzhou, Zhuzhou, and Wuhan are the most important points on this line. At the same time, these points radiate countless lines, forming a vast network.
To build such a network, Mr. Situ reluctantly mobilized $20 million from Wells Fargo's account to the Chinese branch of the company.
The money was originally invested in German industry, but for the sake of the Guangdong-Hanzhou Railway and the Hanyang Iron Works, Situ Nan had to miss the opportunity to buy the German economy and selectively introduce more relevant German technologies.
In recent years, Situ Nan has successively mobilized funds from the United States to the Meihua Company, diluting the shares of Huang Zhonghan and other Chinese business shareholders, and also "feeding" the Meihua Bank of the Meihua Company into a behemoth spanning finance, trade, industry, energy, shipping, arms, land and real estate, and other industries, with total assets of more than $400 million.
Among them, 150 million US dollars were invested in China. If Occidental Petroleum's investment in China is added, Situ Nan's total assets in China will exceed $200 million. If Situ Nan, that company is the most valuable, he will definitely choose Nanhua Grain Bank, because the grain bank controls more than 10 million mu of land in several southern provinces, and indirectly controls 20 million or 30 million people.
Talent is the most valuable, but also the least valuable. Situ Nan used to think that wealth revolves around resources, and more resources means more wealth, but now he has changed a little, and thinks that those who are in rags may be the source of his wealth to expand again in the future??????
Song Ziwen was very excited, he rushed to Shanghai in high spirits, and got the news from Situ Nan that made him excited.
"Situ, you're so uninteresting! The company builds a railway, why didn't you tell me earlier! You don't know, I'm selling products everywhere right now, and I'm talking about it all over the place. Song Ziwen said.
"Don't you know it now? I told you a long time ago, are there any surprises? Lin Yimin said with a smile. Although Song Ziwen has been a partner of Meihua for a long time, Lin Yimin has met his subordinates for the first time. After Situ Nan leaves, he will be in charge of the affairs of the United States and China in China, and he is one of the few people standing on the pyramid.
"Huh. I'm not stressed! Carrying a huge iron factory, I am worried! Song Ziwen smiled, "But I'm not afraid if Mr. Lin takes care of me." You don't know, I'm afraid that the big boss will pat my ass and leave, leaving me alone in Hankou. ”
Song Ziwen glanced at Lin Yimin, he was very curious about this familiar and unfamiliar boss. The same youth, the same extraordinary, in him, it seems to see the shadow of Situ Nan.
Song Ziwen knew that Situ Nan was relieved to hand over Meihua Company to Lin Yimin, not only because Lin was his secretary, but at least he was able to complete the railway negotiations with HSBC, which made Song Ziwen very envious and admired.
"Ziwen, you're welcome. If you call me Young Master Situ and call me Mr. Lin, it will make me very dangerous. Lin Yimin smiled, "You can call me Yimin." We will work together in the future and help each other learn. ”
"Yes! Everyone is a young person, and there is no need to follow the example of the older generation. Except for Yimin, who is stubborn and doesn't change his words, everyone can just care about my name. I like that too. In my heart, you are not only subordinates, but also colleagues, but also friends! Situ Nan said with a smile.
Song Ziwen and Lin Yimin nodded in unison.
He was also very happy to see that Song Ziwen and Lin Yimin had a good relationship, although many times, the superiors liked to watch the fight below.
In the study of William's Garden, Song Ziwen participated in the salon of the US-China consortium's strategic discussion for the first time, which made him very excited.
The trio talked from the morning to the afternoon. Situ Nan set the development strategy of Meihua Company, Lin Yimin discussed his ideas, and Song Ziwen sat aside, occasionally interjecting a sentence or two.
"I've been in Shanghai for too long, and now that the election in the United States is coming out, the Republican Party and my father-in-law are coming to power, the U.S. economy is going to change a lot, and the development of consortia in the U.S. is going to usher in a new upsurge, so I don't have much time to pay attention here. In the future, the company will be handed over to you, and I hope you will cooperate more. Situ Nan looked at his watch, it was already past seven o'clock. Thinking that he was going to Paris for the night before leaving, Situ Nan hurried out.
"Who is the boss's father-in-law?" Looking at Situ Nan's departing back, Song Ziwen asked. Today he has a new understanding of Situ Nan, so he can't help but call Situ Nan the boss.
"Andrew? Mellon, according to the young master, may become the new Minister of Finance. Lin Yimin said in a respectful tone. He'd seen the skinny little white old man, and knew that there was a great deal of energy in that silent little man, but when he looked at you with those slightly gray eyes, you felt a mountain-like momentum.
"Oh! In this way, Lady Laura turned out to be the princess of the Mellon family, she is so kind and easy-going, she can't see it! Song Ziwen replied. He knew that Laura often went to churches and civilian areas to deliver medicine and daily necessities to those who were poor.
"Hmm. The real big guys are more easy-going with people. Lin Yimin nodded, and said in his heart, "It's different." ”
"By the way, when it comes to the iron works, I think that the scale of the Hanyang Iron Works is far from meeting the needs of China's industrial development in the future, so I decided to invest an additional $1 million to expand the scale of the iron works, and on the other hand, invest in the machinery manufacturing industry. What do you think? Lin Yimin asked.
"I feel the same way. After learning that the Guangdong-Hanzhou Railway was going to be built, I planned to increase the output of the Hanyang Iron Works to 400,000 tons per year within two years, and strive to produce some special steel. It is best to have the support of the head office. ”
Song Ziwen thought for a while, and said: "In terms of machinery manufacturing, there is a private machine factory in Hankou, called Yangzi Machinery Factory, and the boss is Song Weichen, a businessman in Hankou, who has a good relationship with me. He is also interested in developing the locomotive or automotive industry. If we had worked with him on a rail contract, he would probably have agreed, and we could have ?????? ”
"Locomotive building?" Lin Yimin remembered that Meihua was planning to initially open a machine repair factory in Zhuzhou, and then develop a plan for locomotive manufacturing.
He told Song Ziwen about this idea.
"You go talk to him, and if he's willing to let us take a stake, we'll work with him to produce locomotives and other mechanical products." Lin Yimin said, "Otherwise, we will introduce it from abroad or assemble it in Zhuzhou." ”
"Okay." Song Ziwen nodded. After leaving William's Garden, he immediately sent a telegram to Song Weichen, inviting him to Shanghai to discuss cooperation.
In addition to the Hanyang Iron Works, the Pingxiang Mining Company is also the focus of Lin Yimin's concern. After meeting Liu Hongsheng, he immediately issued an order to invest in non-ferrous metal minerals in Zhuzhou, Hunan.
Liu Hongsheng gladly accepted this, because he received $1.5 million in funding from Lin Yimin. With all the conveniences provided by Meihua Company behind the scenes, Liu Hongsheng believes that Pingxiang Mining Company will soon be incorporated into the territory of Pingxiang Mining Company in this part of Hunan. In addition to coal and iron, rare metals such as tungsten and manganese have become the third largest business of Pingxiang Mining Company.
The Republic of China lacks non-ferrous metal processing capacity, so the tungsten, manganese, zinc and other rare metal ores mined by Pingxiang Mining Company are generally exported to Europe and the United States after preliminary refining. Get a lot of profits.
The various aspects of the Pingxiang Coal Mining Company are the bureaus that Situ Nan is arranging. After obtaining tin from Nanyang, Situ Nan planned to use his foresight to monopolize China's rare earth resources.
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