The next day, Sun Yalin rushed to Xucheng with Qian Wenhui, Zhujiang Construction and Pengyue and other senior financial executives in charge of finance, and contacted the provincial bank of Yexin Bank, and discussed many technical details such as the allocation, term, repayment method, face interest rate, interest payment method, guarantee, regulatory audit, etc.

Although the binding force of debt claims on enterprises is not as strong as equity, they still have unquestionable supervision power for the regular operation of enterprises. At least on the surface, bond investors hidden behind the scenes can entrust the power of exercise supervision to Yexin Bank to perform.

In order to ensure that the debt ratio of the Meigang new factory project remains at around 50%, Chen Huai and Sun Yalin and others discussed that the Meigang new factory will directly undertake the bond financing of 20 million US dollars. For the other 10 million US dollars, Zhongxin Investment will undertake the bond financing of 6 million US dollars, and Zhujiang Construction and Pengyue International will receive the 2 million US dollars each. Then, through capital injection, increase the equity of the Meigang new factory.

In this way, Zhongxin Investment, controlled by Sun Yalin, will have a 30% stake in Meigang's new factory.

The total bond financing of 4 million US dollars undertaken by Zhujiang Construction and Pengyue International will be injected into Meigang's new factory through Zhujiang Investment, a financing platform. The holdings of Meigang's new factory will be increased by 25%.

Hongji Investment will not undertake bond financing this time, and its stake in Meigang's new factory will remain at 15%.

After deducting 10% of the management's holdings, Meigang Group's holdings in Meigang's new factory will drop to 20%.

However, after the new factory is completed, the assets of the new factory, the first factory and the power plant are uniformly calculated. After the Meixi Industrial Investment Group, which represents the Meixi Town Government, dilutes its holdings in Meigang, will still reach 28%. Together with Huaineng Group, which belongs to Donghua, its holdings in Meigang can still be maintained at more than 52%, ensuring that the nature of the public ownership economy remains the same.

This will form a more ideal control structure for Shenhuai.

Although the Meixi Town Government, although it is the first shareholder with the largest shareholding shares on the Meixi Port, has a dominant voice in Meixi Port and is limited to a factory with an annual production capacity of 200,000 tons; a new factory with a three-fold larger production capacity will be directly controlled by the Meixi Port Group; and the power plant in a relatively upstream position in the entire industrial chain, Meixi Port Terminal and Huaineng Group will have the largest weight.

************

After Chen Huai and Song Hongjun were full, they arrived at Nanyuan until ten o'clock in the morning to attend the preparatory seminar for the Meixi New District that was officially held there.

Chen Baoqi, Secretary-General of the Provincial Government, and Li Gu, deputy director of the Provincial Party Committee Office, also led the Provincial Party Committee and Provincial Government Policy Research Office, officials from the Provincial Planning Commission, and some professors and scholars invited by Xucheng University to attend the seminar held in the past two days.

Chen Baoqi and Li Gu both knew that Chen Huai would fade out of Meixi New District, which can be seen from the list of the members of the Meixi New District preparation leadership group and other details.

Some things involve complex factional relationships and complex provincial, municipal and local relationships, so Chen Baoqi and Li Gu both started to watch the big show as the dignified secretary of the municipal party committee.

Chen Baoqi and Li Gu, who didn't know about the investment in targeted bonds of 30 million US dollars, saw Chen Huai coming late, he only thought that he had suppressed Tan Qiping strongly in the local area during this period, so he had the intention of being passive and slacking off.

Chen Huai was only with Chen Baoqi sitting on the rostrum, Li Gu nodded, but he went to Xie Zhi below the stage. Xie Zhi saw Chen Huai at this time, and had no longer had the domineering psychological advantage as yesterday. When she saw Chen Huai coming over, she picked up the thing at the table, and changed seats with Hongqi and Hongyi, thinking that she was far away from Chen Huai.

"My cousin, when I saw me yesterday, I wanted to run over and see if there is any candy inside. How can I hide from me today?" Chen Huai leaned over, tilted his head, and looked at Xie Zhi with a smirk.

Xie Zhi turned her face away and ignored Chen Huai.

Song Hongjun is not good at helping his fiancée. After all, Xie Zhi was the first to make trouble yesterday. When encountering a scoundrel like Chen Huai, once he has taken advantage of him, he has to endure his endless ridicule, otherwise what else can he do?

The seminar became a pattern of the leaders speaking in turn at the conference, and Chen Huai could only sit in the audience patiently. Fortunately, he and Song Hongjun delayed it for an hour before coming over. Within an hour of sitting, the seminar in the morning ended.

It was during lunch time that Xie Zhi found some room to regain her face and said to Chen Huai, who came over to sit at the table with her, "By the way, I heard that you taught at the Provincial School of Economics before, and there are several professors from the Provincial School of Economics here today. Why don't you go and be intimate?"

The Provincial School of Economics is not a large-scale university, and its majors are relatively narrow, so if there is a disturbance in the school, it can spread quickly - with the previous bad deeds, Chen Huai will naturally not go to the attendees of the Provincial School of Economics to look for cold faces; looking at them again, they also looked blind and looked like strangers, so Chen Huai will naturally not come over to find anything unhappy.

"Why, who do you like? Is your company trying to hire independent directors or expert consultants," Chen Huai said with a shy face, "I'll introduce you to you?"

Experts and scholars are like dogs, leaving their bones behind, and Chen Huai also suddenly thought, did Mei Gang hire a few experts and scholars as consultants? Even if it is useless to keep them in normal times, the role of helping to shake the flag and cheer at critical moments cannot be ignored?

Chen Huai was thinking about this matter. Gao Tianhe's secretary ran to their table and said to him and Song Hongjun: "After the banquet, Secretary Tan, Mayor Gao will join Secretary Chen, Director Li and others to take a seat in Building 1. Mayor Gao wants to ask Secretary Chen and President Song to come over as well."

Sometimes things are so complicated. Gao Tianhe insists on making him feel very intimate in front of outsiders, but he still can't show his cold face.

No one can take advantage of all the advantages. When you want to take advantage of others, you should have the awareness that one day you will take advantage of others - Chen Huai looked at the main table, and nodded to Gao Tianhe who turned to see him, indicating that he already knew about this.

Next, Chen Huai's appetite decreased greatly, and he left the seat quickly. He went to the lake to smoke first. After Gao Tianhe's secretary came to urge him, they went to Building 1 to meet Chen Baoqi, Li Gu and others.

In the downstairs, in addition to Gao Tianhe, Tan Qiping and his secretary, only Chen Baoqi, Li Gu, Xie Haicheng, Sun Qiyi and others took advantage of the short time after the luncheon.

Perhaps because he knew that Chen Huai and Song Hongjun would come over, except for Song Hongqi coming to accompany him, Xie Zhi and Song Hongyi did not show up again.

Seeing Chen Huai and Song Hongjun come in, Gao Tianhe laughed out loud, stood up from his seat and looked at Chen Huai. Song Hongjun walked in and said to Chen Baoqi, Li Gu: "Secretary General Chen, Director Li, before you come here, Chen Huai has made another great achievements in Donghua's investment promotion work; the municipal government plans to ask Chen Huai for credit for this matter specifically."

"Is that true?" Chen Baoqi and Li Gu knew that Donghua's situation was complicated, so they were calm and cautious when encountering any situation. They would not have any obvious position. They asked Donghua to use their power to beat others. But they were still a little surprised when they heard Gao Tianhe's exaggerated tone.

After Donghua's joint venture steel plant project, the largest investment promotion project was the Zhonghuai Heavy Industry Project jointly introduced by Gao Tianhe and Chen Huai and established with British Feiqi Industrial.

The China Huai Heavy Industry Project, with a total investment of US$40 million, is still not a major improvement in its economic development this year. It is still a highlight.

With such achievements, and Gao Tianhe has also actively managed to make efforts in the province, the voices of saying good things about Gao Tianhe in the province during this period are obviously much more intensive than before - everyone loves to do things that add icing on the cake; if you have achievements and benefits, others will be willing to help you speak good things.

If Chen Huai negotiates a foreign investment of a comparable scale, it would not be an exaggeration to ask for credit from the provincial government for him.

Chen Baoqi and Li Gu of course noticed that Tan Qiping's face was darkening at this moment, and there was a sharp look in their eyes, but they didn't need to look at Tan Qiping's face, and they all looked at Chen Huai with interest.

"It's Mayor Gao's praise," Chen Huai smiled and explained to Chen Baoqi. Li Gu, "It's not an additional investment project. The construction of the Meigang new factory has always had some difficulties in financing. Now there is a 30 million US dollars overseas bond investment, entrusted to Yexin Bank to invest in Meigang's related companies. The specific financing details are still under discussion. I really don't have the qualifications to ask for credit."

Chen Baoqi and Li Gu could see the surprised look in each other's eyes.

If it is another investment project, it's better.

Zhonghuai Heavy Industry, a joint venture with Feiqi Industrial, holds a 75% stake in foreign capital.

It is undeniable that Chen Huai has a great influence on Zhonghuai Heavy Industry, but capital is fundamentally profit-seeking. At least the British side will not lead Chen Huai by his nose because of his fancy, and become a tool for Chen Huai to engage in political struggles with others.

Meigang is different.

Meigang is a direct descendant of Chen Huai from top to bottom; and in terms of equity structure, it also ensures that Chen Huai has enough dominant voice and is not restrained by others too much.

The real confidence of Chen Huai’s self-development is to make Meigang bigger and stronger.

Meigang will directly obtain 30 million US dollars in foreign exchange bond financing, and Meigang itself will be most directly strengthened. From the current structure, it will further weaken the local government's voice in Meigang and strengthen Chen Huai's personal status in Meigang.

Another question is, where does the 30 million US dollars support come from?

Chen Baoqi and Li Gu of course thought of the Sun family, which had a close relationship with Chen Huai, but seeing that Sun Qiyi, who was from the Sun family, saw that his face was quite complicated and somewhat confused, he could not understand the current situation for a while.

Chen Huai sat down and said to Tan Qiping. Gao Tianhe: "By the way, there is something I want to privately greet Secretary Tan and Mayor Gao first..."

"What's the matter?" Gao Tianhe asked.

"The Meigang New Factory Project has received this capital injection, and the construction will soon enter the final stage of breakthrough," Chen Huai said. "In order not to let down the trust of the municipal party committee and government, I will do everything and build the Meigang New Factory to make due contributions to Donghua's economic development. However, in this way, my work in other aspects is likely to be seriously unattended - in fact, I have made many mistakes in my previous work, and the city tolerate me, love me, and did not criticize me, but I am very clear in my heart. I have considered it seriously that I am still young, have little experience and are not energetic enough to hold so many positions, so I want to take this opportunity to resign from the city as the Party Secretary of Meixi Town and the Party Working Committee of Meixi Port Industrial Park..."

Gao Tianhe looked at Chen Huai in confusion. He was taking advantage of the victory to pursue him. How could Chen Huai give up such two key positions to others?

Tan Qiping was also shocked and suspicious, and could not figure out Chen Huai's thoughts for a while.
Chapter completed!