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Chapter 608 Situation (2)

In the afternoon, Chen Huai, Sun Yalin and Song Hongjun were sitting in the pavilion in the back garden of the hotel basking in the sun. He received a call from his sister-in-law to ask him to go to the lounge in the front building.

"This rhythm will be held for three parties!" Chen Huai put away his phone and smacked his lips.

"You have to eat meat in a pot. If you smash it, you can't get any food. If you are depressed for a day and a night, you should give them some comfort..." Song Hongjun said with a smile.

Chen Huai shrugged. He also knew that as long as the old man was still there, the overall situation of the Song Dynasty could basically be maintained. Therefore, he dared to slap the table yesterday to warn some people not to cross the line.

The table was slapped, and Tian Xu's attitude was also clear. Regardless of whether there was any resentment in his heart, everyone still had to sit around a table to talk about things. Xinpu Port comprehensive development, Xudong Railway, Huai Coal Development and other things had to sit down, and everyone would give each other a step.

"Anyway, I'm just pretending to be a grandson. Who can't pretend to be a grandson? Let's go..." Chen Huai and Song Hongjun and Sun Yalin said.

"You three Song family members will be vying for trial, it's my turn to pretend to be a grandson?" Sun Yalin smiled like a flower, narrowed her beautiful eyes and looked at Chen Huai and asked.

Chen Huai thought it was not appropriate for Sun Yalin to go there, so he dragged Song Hongjun to the lounge in front with him.

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

The luncheon just passed and the afternoon event had not yet begun. Chen Huai and Song Hongjun pushed open and walked into the lounge. Hongqi's father and his father were playing chess in front of the small coffee table under the floor-to-ceiling window, as if they wanted to use this to deliberately downplay the meaning of the three-party trial.

Except for the younger sister-in-law, Xie Haicheng, Xie Chengjiang, Song Hongqi, Song Hongyi, Liu Jianguo, Xie Zhi, Song Tong and others gathered around to watch the chess, the accompanying secretary and other staff were not in the room. Isn’t this situation that the three-party trial meeting wanted to do what they wanted?

Song Tong stood aside and shook his eyes at this side, as if he had already said a lot of bad things about him before he and Song Hongjun came.

"Chen Huai, you are here..." Song Qiaosheng looked up at Chen Huai, put down the chess piece in his hand, his eyes were slit, but there was still a smile on his face. Even if he knew it was fake, he couldn't tell it was fake. It made people sigh that Song Qiaosheng had been wearing this mask for many years.

His "father" had no intention of looking at him directly. He sat on his back without even moving his body. He probably was very angry and had not yet calmed down at this time.

Xie Haicheng, Xie Chengjiang, Xie Zhi, Liu Jianguo and others probably knew that the wood had already come true, and they also knew that they did not have the capital to fight at this time, so their expressions were all normal.

The Xie family has made a lot of money over the years, but its investment style is to make profits and needles. Its business involves trade, shipping, infrastructure, real estate, securities, light industry manufacturing, hotels, thermal power, ports, medicine and medical devices, and even invest in gas station business in Guangnan.

The reform and opening up in the 1980s, and the domestic market was deserted, and as long as it was involved, it would have a lot of profits. Therefore, the Xie family was afraid that they would not extend their hands long enough and not criticized enough. This allowed the Xie family to make a lot of profits while making a fortune quickly.

After the 1990s, the private economy in the southeast coastal areas rose. Not to mention state-owned enterprises, even the once popular township collective enterprises declined sharply in the light industrial market. The disadvantages of the Xie family's stall being too big were increasingly exposed, and some businesses that even suffered serious losses occurred.

Haifeng Group has also been working hard to adjust over the past three or four years, on the one hand, it is relying on securities and on the other hand, it is also paying attention to industrial investment.

However, his investment in Donghua made an old problem, encouraging Sun Qiyi to pull Changqing Group into the market. He thought he had been with Tan Qiping and wanted to open a business. The total amount was only more than 200 million yuan, but he was involved in infrastructure, mechanical and electrical, hotels, ports, commercial real estate and other fields.

On the books, the Xie family's investment in Donghua has not shrunk, and it has increased to a certain extent. However, in the rolling construction and development of Donghua, it is extremely difficult for the Xie family to cash out.

After all, Changqing Group has strong capital. Sun Qiyi personally suffered setbacks and retreated to Hong Kong and never came out again. However, his investment in Donghua has been delayed for three to five years and will not have much impact on Changqing Group's business in the Asia-Pacific region.

However, the Xie family’s funds cannot withstand such dispersion.

Changfeng Securities, a joint venture between Haifeng and Changqing Group, entered the domestic market as a joint venture securities company. The State Council initially approved an investment amount of US$20 million. However, even if the funds that the Xie family had ambushed the securities market or were scattered in hidden accounts were included, Chen Huai probably wouldn't be able to make up much.

As for Liu Jianguo, if he pledged all the assets of Heyuan Securities, it might only be 30 to 50 million yuan.

Not to mention the factors behind it, just to mobilize capital capabilities, the asset scale of Hongji Industrial Investment Fund controlled by Song Hongjun reached HK$1 billion.

Although Song Hongjun personally holds less than 30% of the shares, since other sources of funds are relatively scattered and a considerable proportion of them are bond financing, it will not affect Song Hongjun's control over Hongxin Investment.

The CITIC Industrial Investment Fund, which Sun Yalin possesses, started from two million US dollars at the beginning, and only expanded to two million US dollars until the construction of Meigang No. 2 Factory.

However, Sun Yalin invested all these early funds in the construction of Meigang Factory 1 and 2.

Meigang's profit this year has increased the total amount of assets directly attributed to her in CITIC Industrial Fund to US$30 million.

After the Xinpu Steel Plant project was launched, Sun Qishan alone injected 80 million US dollars into Zhongxin Industrial Investment Fund twice, making the asset scale controlled by Zhongxin Investment at this time reach 200 million US dollars.

It is no wonder that Song Hongjun always said that Sun Yalin was stupid and bold. She followed Chen Huai for three years and laid a foundation that was stronger than his business world for more than ten years.

Whether it is Zhongxin, Hongji, or Zhujiang Investment, which is reflected in the will of local forces in Meixi, the capital forces gathered now, including Yexin Bank, are mainly to ensure that the Xinpu Steel Project is completed as scheduled and to participate in the construction of Xinpu Port and Lingang New City. However, if there is a wave in the securities market, Changfeng and Heyuan Securities will not be as strong as Song Hongjun or Sun Yalin.

What's more, behind Chen Huai are Meixi Development Investment Group, Xinpu Development Investment Group and Donghua Jingtou three local state-owned financing and investment platforms.

If you really want to do something clearly, Chen Huai really doesn't see Xie, Liu Jianguo and others.

However, what Chen Huai is most taboo about is the issue of control of Huaineng Group.

Although the Song faction has been in vain and light in the past decade, and has been influenced by the traditional planned economy too deeply, and has neglected the condensation and construction of capital power, the potential of such a high-level political faction at the capital level cannot be ignored. This time, the promotion of projects such as the Xudong Railway Renovation and Huai Coal East Exit is a direct reflection of the Song faction's potential at the capital level, and there is even a great potential to be tapped again.

Although my sister-in-law is now in charge of Huaineng Group, Huaineng Group, as a state-owned enterprise wholly-owned controlled by the Ministry of Electric Power, has no choice but to change the head of Huaineng Group to their own division controlled by them through a transfer order. Shen Huaineng Group is helpless.

If we really want to reach this point, it is needless to say that both internal losses are in the Song Dynasty. Large-scale projects such as Xinpu Port comprehensive development, Xudong Railway transformation, Huai Coal Development and other large-scale projects, as well as the local economic development of the entire Huaihai Province, will inevitably suffer severe setbacks.

These are not what Chen Huai wanted to see.

Just like Song Qiaosheng would not trump his career, and Chen Huai would not trump the future of Meigang and local development, so he still had to hide the knife behind him and everyone sat down calmly to talk.

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

Song Qiaosheng curled his eyes and looked at Chen Huai: Even after Tan Qiping was frustrated, he seriously attached importance to this unruly nephew, and he thought he did not look down on him anymore, but at this moment he still felt unfamiliar.

"Mei Gang intends to go public with Xucheng Refining shells. Mei Gang has his own ideas, and I support it," Song Qiaosheng said earnestly, "But everyone is under the same big family, and the combined strength is strong, and the division is weak. If you have any ideas and plans, you must work in this direction. This is generally not wrong. Chen Huai, do you think I have any reason to say this?"

Chen Huai was about to speak, but Song Qiaosheng stopped him again and ordered Song Hongqi: "You bring a chair for Chen Huai and Hongjun. The whole family is sitting and talking. The old paternalistic atmosphere is not enough, and we must also pay attention to democracy..."

Seeing Song Hongqi rushing to move the chair, Chen Huai touched his nose. He was not very disgusted with Song Qiaosheng's use of such small means to dampen his aggression, but Song Qiaosheng and the others still couldn't see through his intention to compete for Xucheng's oil refining. It was also true that the Song faction's shortcomings were really fatal.

Chen Huai took the chair from Song Hongqi and said, "Mei Gang planned to take over Xucheng's oil refining. It's not that I want to fight against you. Of course, on this issue, Jianguo and Hongyi have some differences, and I plan to have a good talk with you about this matter in the past two days. But before I could tell you, Li Gu would have sent me the first army in public. I am very strong-willed and excited for a moment, so I directly pointed out his intention to take over Xucheng's oil refining. I didn't expect it to cause you to misunderstand..." Anyway, Li Gu had no intention, so he threw dirty water on Li Gu's head, not afraid that someone would run over and say anything.

Xie Zhi kept thinking about what Chen Huai would do to everyone, but she didn't expect that his face would be so thick. He Ze raised the table yesterday and threatened and warned him, just his stress response to Li Gu's provocation?

Xie Zhi looked around and saw her father lowering his head. Hongqi, Cheng Jiang and the others turned their heads. Maybe she couldn't bear to listen to Chen Huai's nonsense anymore, but she had to continue listening?

"I didn't misunderstand anything," Song Qiaosheng said with a smile, "What do you think? It's not too late to tell me now!"

"The development of large port industries, steel, ships, and refining are the three types of industries that can gather capital the most. For Meigang, Xucheng refining is not only a listing shell resource, but also a fulcrum and a breakthrough for Meigang to enter the refining and chemical industry."

As the situation has developed to this point, there is no need to hide the intentions of the industrial strategic layout. Chen Huai did not look at other people's reactions and continued to say steadily.

"If it weren't for Donghua Steel, Meigang would not have developed. Whether it was Meigang or Xinpu Steel Plant, the main management and technical backbone came from Donghua Steel, including the corresponding supporting industries, which were also the foundation laid by Donghua Steel. In the future, Meigang will enter the refining and chemical industry, so the significance of Xucheng Refinery to Meigang is equivalent to Donghua Steel..."

Chen Huai said to himself regardless of others' surprise expression: "Xucheng Oil Refinery can be said to be a must for me. The key is how to get it. Xucheng Oil Refinery has suffered a long-term loss, which has made the circulating stock price extremely low. Mobilizes funds to secretly absorb it, and accumulates a certain amount of shares and then surfaces. In addition to preventing others from entering the market, he can also make a full-scale takeover with Xucheng. This is a way, but it may not be appropriate. When Xucheng Oil Refinery is listed and issued, the issue price was as high as five yuan, and the circulating market value reached as much as one billion, but after the issuance, the stock price did not How it rose, it fell to the bottom all the way, without giving investors any chance to withdraw. The institutions involved in the listing and issuance of Xucheng Oil Refining include Xucheng local securities companies, banks, state-owned enterprises, private enterprises, and even many employees. The citizens were entrusted. They all suffered heavy losses in Xucheng Oil Refining. If Meigang used a trick to deceive a large number of outstanding shares from them, and then proposed to Xucheng Oil Refinery to take over Xucheng Oil Refinery in full, I would not be able to judge whether it would cause general disgust or even fierce opposition... "

"Grandpa once said to me that we should do something locally, rather than compete with anyone, compete for what, or even cheat. We should be good at turning unfavorable situations into favorable situations," Chen Huai continued, "I will make the news of backdoor acquisitions publicly about Meigang entering the refining and chemical industry. This will stimulate the continued rise of Xucheng Refining's stock price, but Xucheng Refining's stock price will really rise and not fall. Then all the institutions and investors trapped in the Xucheng Refining circulation market will become our support for doing business and developing the refining and chemical industry, rather than resistance..."

"Of course, I didn't report to my second uncle and my sister-in-law in time, nor did I communicate well with Jianguo and Hongyi, so I made the news public. It was because I was too reckless in doing things. I want to admit my mistakes with my second uncle and my sister-in-law, and I also want to apologize to Jianguo and Hongyi..."

Xie Zhi saw that Liu Jianguo, Song Hongyi and others had a blue face and a white face. Chen Huai's words were even more cruel than directly sucking their faces.
Chapter completed!
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