Chapter 607 Situation (1)
No matter how much resentment they had, the groundbreaking ceremony of Huaineng Group's headquarters relocation to Xucheng and Xuchengzhunan Power Plant was officially held at 9:00 the next morning according to the established procedures.
Although Zhou Zhibai, Chu Yiliang, Yang Haipeng and others rushed to Xucheng last night, they did not attend the ceremony this morning in order to avoid the excessive expression of showing off their power and causing unnecessary associations and suspicion.
Song Hongjun, Sun Yalin, Xiong Wenbin, Guo Quan and others stayed in hotels at night. They took the bus arranged by the Huaineng Group to cross the river to Zhunan Industrial Zone to participate in the foundation laying. Chen Huai said he agreed to come from the dormitory to attend the foundation laying ceremony, but no one was seen when the ceremony began.
The so-called groundbreaking ceremony is just a sentence for each person, and a shovel of soil for each person.
Although Zhunan Industrial Park has been established for a long time, it has achieved great development only after Xu Pei took office. It is currently a key area for the transfer of industries in Xu city to the periphery.
Zhunan Power Plant is a key project for the further development of Zhunan Industrial Park. Xucheng City has also talked with Huaineng Group for a long time. This time, it quickly promoted and laid the foundation. It is also one of the foundation projects for the renovation of Xudong Railway and the launch of Huaineng Coal East.
Xu Pei and Song Qiaosheng and others met in the evening, so there was no need to attend any activities; the morning's diary ceremony was mainly accompanied by Zhou Renjun, deputy secretary of the Xu City Committee, mayor, and some officials from the Zhunan Industrial Park Party Working Committee.
The groundbreaking ceremony was almost over. The next arrangement was to visit the construction of key projects in the industrial park. Everyone was about to withdraw from the construction site and saw Chen Huai stopping on the roadside outside the construction site in the distance...
Song Hongjun, Sun Yalin and others stood on the edge of the crowd and talked. When they saw Chen Huai coming, they asked, "Why did you come here?"
"I'm not much later than you. If you cross the bridge with your front foot, the bridge with your back foot is blocked," Chen Huai said with a smile, "I can't fly over..."
The main urban area of Xucheng is located on the north bank of Zhujiang River, and there is only one bridge built in the late 1970s on the south bank. This bridge also bears the burden of main traffic such as the Jianghuai Railway and the Jianghuai National Highway. As Xucheng's development efforts in the Jiangnan region strengthened, the bridge became increasingly unbearable.
Even if a large amount of freight logistics is diverted across the river by ferries, traffic jams will be stuck during peak hours, and one and one hour will become the norm every now and then.
Song Hongjun and his friends came across the river, with police cars leading the way and traffic control. It is natural to be convenient to cross the river and there will be no traffic jams. When they sink into the Huai River, they will not be able to meet with the convoy in time before crossing the river, and blocking the river north is impossible.
"I thought you were having an upset, but I asked when did your belly become so small..." Sun Yalin said with a teasing smile.
"What are my emotions that are so fussy?" Chen Huai smiled. "As soon as Xucheng Refinery opened, it closed the daily limit by a large purchase order. The trading volume was so large that it didn't open the daily limit. Do you think I have some emotions that are so fussy?"
Although Chen Huai has no direct channel to know about Tian Jiageng and Xu Pei's attitude towards Mei Gang taking over the Xucheng Oil Refinery, Tian Jiageng or Xu Pei must have capital forces around him who can know about Tian and Xu's attitude towards this matter earlier than them.
Sometimes, thinking and reaction does not necessarily require face-to-face communication.
Xucheng Oil Refinery is a local listed state-owned enterprise in Xucheng. The large number of circulating shares are Xucheng local institutions and major players.
Although the trading volume of Xucheng Refining shares remained extremely large in the temptation of the daily limit price after the opening, almost all those who sell stocks were disturbed by retail investors who were hit by the successive daily limit, and few large investors or institutions sold them.
Local, or even closer to Tian Jiageng and Xu Pei, who have hidden sources of information, not only do not take the opportunity to sell, but also show no sign of profit by hyping the fluctuations, but they just firmly participate in the scramble, which itself shows some problems.
Song Hongjun glanced back at Liu Jianguo, Xie Chengjiang and others, and smiled and said to Chen Huai: "You are not afraid that they will tear you..."
When the stock price hits the daily limit, whoever can grab some chips depends on who can rank ahead of the huge amount of buy orders accumulated at the daily limit - unless the exchange can be matched with the cooperation, the order will be random.
When it comes to trading volume, the trading volume was the largest when the news came out yesterday.
Because yesterday's information was not clear enough, there were huge variables and a strong speculative atmosphere, so there were large amounts of funds coming in and a large amount of funds coming out, and the trading volume suddenly increased to a huge extent. In the afternoon, nearly 20 million shares were changed.
In addition, when the market opened today, more than five million shares were sold within about fifteen to twenty minutes. With such a large trading volume, the daily limit has not been opened, and the remaining retail investors will inevitably start to cherish fundraising even if they don’t know any news. Now there are only a few hundred shares and hundreds of shares being sold, which can’t meet the demand for huge amount of funds to grab the funds.
If Changfeng and Heyuan Securities missed the opportunity to compete for stock yesterday and this morning, and then entered the market, it is unknown whether it can grab a million shares of chips before it rises to a certain price, and you can only see the stock price being pulled up one by one.
For Changfeng and Heyuan, one or two million shares of chips are not enough to fill their teeth.
Chen Huai smiled and said, "It's okay, I said I promised them to play together. They can wait for the additional issuance!"
Song Hongjun smiled and punched Chen Huai, saying, "Is it the same as the stock price of a few cents, which is the same as the stock price that has risen to four or five yuan to take over the additional issuance?"
Chen Huai smiled slightly:
A large amount of funds will inevitably lead to rapid rise in stock prices, but if the news is blocked, it is not difficult to ask Xie Chengjiang, Liu Jianguo and others to absorb 100 million shares of Xucheng's oil refining and circulation in two to three months.
At this time, Xucheng Oil Refining had 400 million legal person shares and 200 million outstanding shares under Xucheng's control. If Liu Jianguo and others quietly absorbed tens of millions or more than 100 million shares, it would be 15-20% of the shares.
In the future, the assets of Meigang Factory 1 and Factory 2 will be placed under the shell of Xucheng Oil Refining, and Liu Jianguo and others will also obtain the corresponding proportion of additional issuance rights. If only Liu Jianguo and others use the shell company to control 15%-20% of Meigang Group's equity, it may not be able to cause direct trouble. The final key will be to the control of Huaineng Group.
Through exchange of shares, Huaineng Group held almost 20% of the shares in Meigang Factory 1 and 2, and then in turn, it held shares in Xinpu Steel Group through Meigang Group, with Siyumins, Feiqi Industrial, and Sun Yalin-controlled Zhongxin Investment, Hongji Investment, Xinpu Development Investment Group, etc.
If the younger sister-in-law is forcibly transferred and Huaineng Group changes its leader, the equity and capital control model designed by Shen Huaineng before may be out of control, which will cause the actual control of Meigang and Xinpu Steel Group to fall, and the power to develop Xinpu Port is lost...
Even if they don’t do anything, they will be unable to stand it if they are going to carry out large-scale refining, chemical, steel, and large ports in the future.
Although this complex model has a high risk, and if you are not careful, it will lead to a loss of control, and even a certain financial crisis exists, Chen Huai has no choice.
Meigang's own profit has only accumulated 600 million to 700 million. Using 600 million to accumulate nearly 10 billion industrial capital, there is no stable path to go.
Therefore, when the final control of Huaineng Group is still unknown, Chen Huai did not dare to let Liu Jianguo and the others have too much equity and voice over Meigang through the Shell Company, especially their thoughts are so obvious.
It would rather turn your back on the table now than crying in the future.
Although Changfeng and Heyuan Securities can also participate in the later additional issuance, they do not have the right to speak in the circulating stocks, and the proportion of shares they can get when participating in the additional issuance is limited; more importantly, the price they pay is completely different. Whether it is Changfeng or Heyuan Securities, they don’t have much money to participate in the additional issuance now.
The younger sister-in-law signaled him to go over, Chen Huai rubbed his cheek, smiled exaggeratedly, and asked Sun Yalin: "My smile looks quite friendly, right?"
"I'm so kind, do you want me to help you rub the dough again?" Sun Yalin cursed with a smile. She was unhappy and stood outside, watching Chen Huai and Song Hongjun walking into the crowd.
Among the people present, Chen Huai and Mayor Xu, Zhou Renjun, had never met before. After being introduced by others, he shook hands with him: "Hello Mayor Zhou..."
"Mei Gang is very active. Secretary Xiao Shen, you put a bomb yesterday, but it made our Xu City explode. Just now, I received a call to ask me for inside information. You said, what inside information can I have? If there is inside information, I also need to ask Secretary Xiao Shen, you can ask..."
Nowadays, important provincial capitals, cities with independent planning status and larger cities, it is very difficult for local forces to become the top leaders of the Party and government, and Zhou Renjun is a small exception.
Xu Pei was promoted to the secretary of the municipal party committee. Whether it was Tian Jiageng or Xu Pei, the personnel who were unwilling to be appointed mayor came from the Hu clan. They sang against Xu Pei in Xu City, so they conspired with local forces to push Zhou Renjun and Xu Pei into teams.
Chen Huai was not very familiar with Zhou Renjun. Xu Pei's voice in Xu City was too strong. I don't know whether Zhou Renjun was willing to be Xu Pei's voice-over insect, or was it just for a moment to endure it.
After Zhou Renjun said this, the intention of Xu Cheng's oil refining incident would have become completely clear. Otherwise, with Zhou Renjun's prudence, it would be impossible for him to talk about this matter publicly without knowing Xu Pei's attitude.
Chen Huai said: "My dad, my second uncle often says that I am not good at planning things, and that I am just brute force if I have the energy to make progress. Yesterday, Director Li asked casually, and I just said casually. I really didn't expect the impact to be so great, but the impact has been caused. I can only humbly accept Mayor Zhou's criticism..."
Chapter completed!