Chen Huai will soon preside over the government work in Xiapu County.

Xie Zhi thought that the Xudong Railway upgrade project, which is widely involved and the development of Huaixi coal resources, would not be possible for Shen Huai Station to come to Taiwan to preside over it. Naturally, her younger sister-in-law Song Wenhui would come to Taiwan. After all, Huai Neng Group will become the investment entity of these two super projects.

Xie Zhi thought that these two projects involved so many profits and high levels, and started from the grassroots power department. At this time, the younger sister Song Wenhui, who served as the vice president of Dongdeng, was indeed a suitable candidate; her younger sister Song Wenhui would also have great hope to become another rising political star in the Song Dynasty.

But when thinking about her younger sister-in-law Song Wenhui's support for Chen Huai, Xie Zhi didn't know how different this was and Chen Huai stood directly in front of the stage?

Only then did Xie Zhi understand why Chen Huai insisted on suggesting that his younger sister-in-law Song Wenhui give up the competition for the top leader of Dongpin and personally serve as chairman of Huaineng Group. It should be that he had long seen the potential behind the Huaineng coal-power joint venture industry model in an environment where the calls for power reform are getting higher and higher.

Dongdian said it was the territory of the Song Dynasty, but the faction within the decades of development was also complicated. It is not impossible for my younger sister-in-law Song Wenhui to host Dongdian, but it may not be able to convince the public.

There are many people with high qualifications within the TD. My younger sister-in-law Song Wenhui can have a place in the senior management, but if you want to fully host TD.com, this requirement is extraordinary. It does not mean that you have a deep background and come from the Song family.

However, Song Wenhui gave up the competition within the senior management of TDD, which on the one hand can alleviate the conflicts within TDD. On the other hand, other senior management of TDD is more willing to invest some resources in Huaineng's capital to provide compensation for development. This is also the main reason why Huaineng can develop rapidly even after only two years of its establishment.

Huaineng Group has grown from scratch, and for Song Wenhui, all the people cultivated are direct descendants, and this achievement is definitely not something that others can share.

Now, if the Song Group decides to increase its investment in Huaineng Group, take Huaineng Group as the main body, participate in the upgrading and construction of Xudong Railway, and participate in the large-scale development of Huaineng Coal Resources, naturally, no one else in Dongdian will be able to stand up and fight with Song Wenhui, and at most give up some senior positions to balance the interests within the Song Group.

Xie Zhi was thinking about this. She looked at Hongqi, wondering if Hongqi was aware of the problem.

Seeing the old man sitting aside, without saying a word from beginning to end, and without asking any questions. He listened to Chen Huai and the others talking, Xie Zhi didn't know what the old man was thinking.

Song Qiaosheng pondered for a long time before asking Chen Huai:

"Even if the Ministry of Railways agrees to release the funds, the East China Railway Bureau will not be able to invest. According to your estimate, the entire project investment will be at least 8 billion, or even more than 10 billion, which is not something that Huaihai Province can afford. If Huaineng Group comes forward, it will require almost 3 billion start-up capital to be qualified to bring the Ministry of Railways, East China Railway Bureau and other aspects to the negotiating table..."

The central government's fiscal revenue only exceeded 500 billion last year after the full implementation of tax sharing.

With a living within the limit, the 500 billion central government fiscal market looks very large, but if the national defense, education, technology, medical care, local investment conversion and other parts are divided, the remaining share that can be allocated to infrastructure investment is extremely limited.

Even if the directly affiliated state-owned central enterprises want to develop, they rely more on self-raised funds.

The Ji family has been planning for many years on the project of the Jin coal eastward exit south line. Recently, they invested Ji Chengxi in Jihe County at a designated location and began to start the construction of the Jinnan Railway and the Jihe Port. The funds have not been fully in place, so they can only build and raise funds while building.

The railway investment of 80 to 10 billion yuan, plus the construction of Xinpu Port and the investment in Huaixi coal mining, is smaller than the scale of the entire Shanxi Coal East Exit South Line Project.

When it comes to political influence, the Song faction still cannot compare with the Ji faction.

In this case, the Song Group is not a question of whether to do it, but how to do it is the biggest question.

"After the upgrade of Xudong Railway in the future, the annual cost of coke of Xinpu Iron and Steel Plant alone can save nearly 100 million tons of coke in terms of transportation costs, which gives the foreign shareholders of Xinpu Iron and Steel Plant the motivation to participate in the construction of Xudong Railway," said Chen Huai. "Of course, foreign capital has no way to directly participate in the construction of the domestic railway network, but there is no problem to provide bond financing to construction companies."

"How much bond financing can foreign investors provide?" Cheng Wenguang's question.

"There hasn't been discussed in detail," said Chen Huai, "If we have a strong determination to do this project, there is no problem with 100 million US dollars or even more debt financing. I plan to let the local state-owned enterprises in Donghua bear the debt and share the financial pressure for Huaineng Group..."

Xie Zhi has been spending two years in Donghua. As for the local state-owned enterprises in Donghua mentioned by Chen Huai, he thought that it was mostly one of the three companies, Meixi Development Group, Donghua Jingtou or Xinpu Development Group.

These three companies are local investment and financing platforms where the Meigang Group has deeply penetrated each other. Chen Huai directly serves as the general manager of Xinpu Development Group. Guo Quan and Chen Bing, the heads of Meixi Development Group and Donghua Jingtou, are all core figures of the Meigang Group.

These three corporate investment and financing platforms are all purely public-owned enterprises. For now, there are no policy obstacles to participating in the Xudong Railway upgrade project.

However, it is necessary to bear US$100 million in bond Huirong. Before the completion and operation of the Xudong Railway electrification transformation and the operation of the multiplexed railway project, the annual bond interest expenditure of US$600 million is not something that ordinary state-owned enterprises can afford.

Xie Zhi speculated that Chen Huai would likely allow Meixi Development Group to undertake this financing debt and participate in the upgrade and construction of Xudong Railway. After all, Meixi Development Group has reached a scale. Meixi Development Group, which has the right to develop a large area of ​​land in Meixi New District, can obtain a large amount of construction funds from land transfer every year, and has less financial pressure.

Chen Huai continued: "If it goes well, the construction of the East Extension Line of Xudong Railway will start at the beginning of next year. At this stage, the policy does not allow private capital to directly participate in the construction of the main line, but the branch railway is not restricted. I plan to reserve more than 300 million to 400 million yuan for the company to build the East Extension Line, and then the Xudong Railway Main Line Company will acquire the East Extension Line in a share exchange manner, so that it can also provide an additional part of the construction funds..."

"... The province can squeeze out 14.5 billion yuan of construction funds for Xudong Expressway. The province will have to pay 10 billion yuan for the Xudong Railway duplex project; Besides, the province cannot completely give up its interests on the Xudong Railway. Of course, the work of the province and the Ministry of Railways still requires the second uncle, Uncle Cheng and Uncle Cheng to come forward to promote..."

Song Qiaosheng thought about it, although the entire project may require a huge amount of funds of tens of billions of funds, if the Donghua local government and the provincial government can share the financing tasks of 20 to 25 billion, Huaineng Group will invest another 15 to 2 billion yuan, and the later investment will be dependent on bank loans to complete the construction of the entire project.

Of course, for Huaineng Group, the focus of interests is not on the Xudong Railway, but on the power plants and coal mines at both ends of the Xudong Railway.

At this time, on the one hand, we must persuade Huaihai Province to agree to Huaineng Group's large-scale entry into Huaixi area to mine coal, and on the other hand, we must raise more funds to acquire mining companies and increase mining scale.

Song Qiaosheng thought for a long time and said, "Whether it is the construction of the Xudong Railway Duplex Project or the establishment of a new coal industry enterprise under the name of Huaineng, and the intervention of Huaini coal mine mining, it requires a large number of professional and professional talents. The construction of the entire team must be considered a complex project. Do you have any specific plans?"

Chen Huai's eyes fell on his toes, and he didn't look anywhere else, knowing that the final problem would come back here.

Although it is difficult, Huaineng Group can really develop into a comprehensive energy enterprise with installed capacity of 70 to 8 million kilowatts of thermoelectric capacity and annual coal production of 12 to 15 million tons, covering railway and port transportation, infrastructure and real estate development, and assets of over 20 billion yuan, which can indeed greatly support the political development of the Song Dynasty at the capital level.

But who should ultimately control Huaineng Group?

My younger sister-in-law Song Wenhui is undoubtedly the ideal candidate to take charge of Huaineng, but Chen Huai also knows that my younger sister has been too biased towards him in the past few years, which will make some people have some doubts...

Chen Huai also knew that it would be impossible for the whole thing to gain the support of other senior officials of the Song Dynasty if Huai Neng did not give up part of the personnel rights. At the same time, Huai Neng Group wanted to become the center of the interests of the Song Dynasty, and Chen Huai wanted to use his sister-in-law to hold Huai Neng Group in his own hands, which was completely impossible.

Chen Huai raised his head, looked at his younger sister-in-law Song Wenhui, and said, "It is precisely Huai who can charge forward in front of the battle. For the specific team building, it is also necessary for the younger sister to make the decision..."

Song Wenhui said: "This is also the second brother. Secretary Cheng Guang, you recommend more people to come..."

Song Qiaosheng didn't say anything. The old man was silent for a long time. At this time, he spoke: "Qiaosheng, you have to look for Chengguo to discuss this matter..."

Chen Huai smiled. The old man's meaning was also very clear. If you want to do this, Dai Chengguo must be accepted and supported by He Xianghuai. Of course, he also agreed to have a certain direct influence on Huaineng Group.

Once Dai and He are supported, his second uncle Song Qiaosheng's itinerary for the inspection of Dongdian Electric will be slightly changed. Promoting this project to Huaihai Province, East China Railway Bureau and other aspects will become the main purpose.
Chapter completed!