The next day, Chen Huai rushed to the county early in the morning to attend the organization meeting, which was also the appointment meeting for the county government to formally preside over the work of the county government and serve as acting county magistrate. Yu Chengzhen attended the meeting on behalf of the Municipal Party Committee Organization Department and announced the appointment, but he returned to the city after the meeting and did not stay in Xiapu, which would save each other from embarrassment.

Meixi has only been assigned to Tangzha District in recent years. She spent time in Chengguan Town during the middle school period. Wang Weicheng and other middle school classmates also came from various townships in Xiapu County. Chenhuai can be said to be a "native" Xiapu people. They are much more familiar with the local situation in Xiapu County than other "airborne" officials.

Previously, he served as deputy secretary of the county party committee and deputy county magistrate. His area of ​​responsibility was relatively narrow and his work was relatively relaxed. After taking over the work of the county government, Chen Huai was in a hurry for many days.

It caught up with the annual alternation, finance, audit and various summary meetings were like a tide. Nearly a month before New Year's Day in 1997, Shen Huai spent all kinds of files, meetings and township research, and almost no time to take a break.

Xiapu County has not started the townships and the organization has been simplified. After the Meixi and Hetang were separated, there were 28 townships and a village farm in the county. Each township went to investigate, communicate with the township party and government leaders, listen to reports and understand the situation, touch the other party's temper, and work ideas, which is enough to eat a big pot of food.

The previous ease is now necessary to make up for it.

The restructuring of county-affiliated enterprises will be carried out this year. At the same time, the simplification of townships and county-affiliated institutions will be carried out is more complex than the restructuring of state-owned enterprises, involving larger and deeper interest disputes. At the same time, it must be combined with county-level towns and industrial development plans, which will have a huge workload.

Especially the preliminary planning work is not clear and cannot be considered thoroughly. It will cause a lot of hidden dangers in the later stage. Therefore, before the township simplification plan is issued, the preliminary research work must be done without stopping.

It was not until January 15 that Chen Huai took out to Xucheng to participate in the results report meeting on the Xucheng oil refining and backdoor negotiations.

Based on the framework plan determined by Shen Huai, Sun Yalin, Qian Wenhui and others in Xucheng had negotiated for a month on technical details such as backdoor plans and asset appraisals in Xucheng with Xucheng State-owned Assets Enterprise Working Committee, Xucheng Refining and Chemical Group, and securities institutions that hold Xucheng Refining Circulation.

During the period, the plan is constantly adjusted, and the latest drafts currently formed are the most acceptable to all parties; if no one raises an objection to the negotiation results report meeting and signs an agreement, the plan will be finalized and entered the approval stage.

Although Chen Huai couldn't find time, Sun Yalin, Qian Wenhui and others would feedback the news at any time to adjust the plan and finalize the plan. Every time the plan was adjusted, Mei Gang would also hold a meeting to discuss it; this result report meeting was just an official form.

However, the Xucheng State-owned Assets Enterprise Working Committee hopes that the form will be more grand, and Chen Huai cannot show off his face.

Xu Pei did not show up, Mayor Xu Chengzhou and Meng Jiansheng, who was responsible for coordinating the work of the Municipal Party Committee, Feng Zhichu and officials from the State-owned Enterprise Working Committee attended the report meeting.

Before the final plan was introduced, Xucheng Refinery announced that it would suspend trading and suspend trading, but the stock price had surged to 2.8 yuan per share.

The final plan is to transfer fixed assets such as Chenghua Building from Xucheng Oil Refining, and Meigang Group inject 400 million yuan of funds as the price for taking over 400 million shares of corporate shares of Xucheng Oil Refining from Xucheng Oil Refining. In addition, Xucheng Oil Refining was priced at 3.3 yuan per share, and issued 800 million additional shares of circulating shares to Meigang Group, Zhongxin Investment, Zhujiang Investment, Hongji Investment and other institutions and individuals in order to acquire all their equity in Meigang Factory 1 and 2, and at the same share price, it issued 100 million additional shares of circulating shares to Changxin Securities and other institutions in Xucheng local areas to increase the reserves of 330 million yuan.

Changfeng and Heyuan Securities did not participate in the additional issuance.

Even if they can also spend more than 300 million yuan, the total market will expand to a huge amount of 15.6 billion shares, and it will be meaningless for Changfeng and Heyuan Securities to participate in the additional issuance.

However, under the strong demand of Xu City, Zhunan Oil Refining Integrated Base has increased from the initial plan to 500,000 tons of crude oil refining design capacity per year to 1 million tons per year, doubling its scale.

The additional issuance of newly raised funds to Xucheng local securities institutions, plus the funds injected by Meigang Group, will be used to invest in this refining and chemical base.

In addition to the Tingxi Oilfield providing 500,000 tons of crude oil to Zhunan Refining and Chemical Base every year, Meigang Group will also build a crude oil terminal in Xinpu in advance to serve as a crude oil transit port, and transfer an additional 500,000 tons of crude oil to Zhunan Refining and Chemical Base every year.

Xucheng Oil Refinery has a quota for import and refining of crude oil, not much, only 600,000 tons, but it is one of the twelve domestic companies with qualifications for import and refining of crude oil.

As the conditions for Meigang Group to invest in the construction of a crude oil transit port and to expand investment in Zhunan Refining and Chemical Base, this approval document was transferred from the listed company to Meigang Group.

After the targeted share issuance, Xucheng Oil Refining will be renamed Meixi Industrial Group Co., Ltd. and continue to go public. Meigang Group will be the holding parent company of Meixi Industrial Group.

In this way, Zhujiang Investment, CITIC Investment, Huaineng Group, and Meixi Development Investment Group jointly hold shares in the holding parent company Meigang Group (the total shareholding ratio of Huaineng Group, which represents the nature of the state-owned assets of the Ministry of Electric Power and Meixi Development Investment Group, which represents the nature of local state-owned assets, is 51%, ensuring that the nature of the state-owned assets of Meigang Group remains unchanged). In the lower equity structure, Zhujiang Investment, Hongji Investment, CITIC Investment and Meigang management, and Meigang Group jointly hold shares in the listed company Meixi Industry.

After this backdoor acquisition, in addition to holding shares in the listed company Meixi Industrial, Zhongxin Investment, Hongji Investment, Zhujiang Investment and Meigang management will also hold several tens of millions of shares of circulating shares in the listed company. Although the lock-up period agreed in the plan is as long as 24 months, it can also allow Sun Yalin, Song Hongjun and others to initially complete the securitization of Meigang's industrial equity investment part.

Shen Huai has no direct relationship with Meigang Group on the surface. Wang Kangsheng, on behalf of Meigang, signed a draft agreement with Xucheng State-owned Assets and Work Committee, and Wang Kangsheng, Qian Wenhui and others were also dealing with media interviews.

After having a banquet at the Provincial Yingke Hotel, Shen Huai, Wang Kangsheng and others returned to Donghua's office in Xuzhou and Donghua Hotel to meet with the management and technical backbone who finally chose to stay in the Xucheng Oil Refinery.

Shen Huai has already broken the archives of Wei Fenghua, Zheng Jianzhang, Zhou Rong and others, but he was really unable to escape before and did not participate in the specific negotiations. He has only had contact with Wei, Zheng and others twice, and it is not very in-depth.

However, Sun Yalin, Qian Wenhui, and Xu Xiting met these people almost every day for a month, and their evaluations of Wei, Zheng and others were quite positive. Shen Huai naturally had the eyes of Sun Yalin and others.

Although the Xucheng Refinery suffered serious losses in recent years and has many problems, Wei Fenghua, Zheng Jianzhang, Zhou Rong and others can still be called the backbone of the Xucheng Refinery. Their professional abilities cannot be questioned. They are all around forty years old. They are in their prime, energetic and strong career aspirations.

They all participated in the preliminary preparations for the construction plan of Zhujiang Refining and Chemical Base. In order to start the construction of Zhujiang Refining and Chemical Project with an annual refining capacity of one million tons as quickly as possible and move the old factory out, Meigang must also use them for specific operational affairs, in addition to sending financial personnel and the nominal chairman of the refining and chemical company.

Wei Fenghua is 38 years old this year. He is a little short, half a head shorter than Xu Xiting. His cheeks are a little thin and thin. He is not very handsome. However, he is the core figure in the management team left by Xu Cheng Refining. He has previously served as the director of the second branch of the Liancheng Refining.

After arriving at the Donghua Hotel, Chen Huai smiled and called Wei Fenghua and the others to sit down, and said with a smile:

"In the previous negotiations, Meigang did not have any management and technical backbones who chose to stay, and did not have any conditions, and did not want to mislead your judgment. Since you firmly chose to stay and are full of confidence in the future of Meixi Industrial's development of refining and chemical business, I can tell you now that you are welcome to join Meigang. Meigang's brilliant future needs you to contribute to it, and Meigang's brilliant future is destined to belong to you. In two days, Qian will make a special trip to explain to you the internal policies of Meigang's management's shareholding plan. I believe that after the construction of Zhunan Refining and Chemical Base is successful, you can win a brilliant future for yourself. Now Meigang's entire management collectively holds only 6% of the shares in listed companies. In the next three to five years, this proportion will expand to 10%-15%..."

Although Wei Fenghua and others were also executives of listed companies before, Xucheng Oil Refining was previously a state-owned asset holding. Xucheng was quite conservative in this regard. While not advocating management holding shares, they also actually paid salaries to management based on the standards of Xucheng's state-owned asset system.

Wei Fenghua previously served as the director of the second factory, and his actual salary income was only 30,000 to 40,000 yuan per year.

Although there will be channels for gray income in important positions, and Xucheng Refining's previous financial supervision loopholes were also large, for those who are relatively strong in career and hope to develop, even if they have channels for gray income, they will be much more restrained than others.

In addition to the archives, Chen Huai also conducted background investigations on Wei Fenghua and others, and there were no major problems.

Xucheng Oil Refining has transformed into Meixi Industry. The total assets under the name of listed companies will reach 3 billion, and the stock price will also rise further. It is not unimaginable that the market value exceeds 5 billion.

Although Meigang’s management only holds 6% of the shares in listed companies, it is a huge wealth of up to 300 million yuan based on the market value.

Even if Wei Fenghua doesn't expect to become the core figure of the Meigang Group like Zhao Dong and others, as long as he can enter the management's shareholding plan list, his future shareholding scale will be hundreds of thousands or millions.

Regarding the construction of Zhunan Refining and Chemical Base, at the hotel, Chen Huai arranged a vehicle again and sent Wei Donghua and others to leave the hotel.

Wang Kangsheng, Qian Wenhui, Shao Zheng and others all went back to their room to rest. Chen Huai couldn't sleep. He walked on the river embankment on the back of the small building and watched the school building of the Provincial School of Economics smoking...

"Wei Fenghua and the others did not take the initiative to talk about the Xinpu Refining Base. Are you a little disappointed now?" Sun Yalin saw Chen Huai smoking outside in the room, wearing a coat and walking out.

Chen Huai smiled, turned around and said, "They may still lack confidence..."

"When Wei Fenghua and his friends built the Zhunan Refining Base and then prepared the Xinpu Refining Base. Construction will not start until at least two years later. Can you wait for two years?" Sun Yalin asked, "How did you plan the Xinpu Refining Base in your mind?"

Although the crude oil refining capacity at Zhunan Refining Base will eventually increase by one million tons, it is still a small project that is still an inexplicable project when the country's total refining capacity exceeds 180 million tons.

If it is just for this project, it is a bit too much to give it to the big men of the Song Dynasty; and the advantageous location that is really suitable for the development of large-scale refining and chemical development is Xinpu, not Xuchengzhunan...

In Xinpu, developing a high-standard refining and chemical line requires funds and people.

Of course, Chen Huai could force Wei Donghua to split his men to prepare for the Xinpu refining and chemical project, but the forced melon is not sweet. They do not have enough confidence in Xinpu's development of a larger-scale refining and chemical project. Forcing the manpower from here will seriously affect the construction of the Zhunan refining and chemical project.
Chapter completed!