It is impossible for Meigang to conceal all kinds of news and events in preparing for the Xinpu Refining and Chemical Project.

After the Donghua Municipal Party Committee issued the document "Notice on Municipal and County Departments and Financial Units to Assist in Promote the Preparation of Xinpu Refining and Chemical Projects" in late April, Xinpu Refining and Chemical Projects were officially established and the preparations began to speed up.

The most critical step is to transfer nearly 100 engineering and technical personnel led by Zheng Jianzhang from Xucheng Oil Refining through transfer and join the new project preparation team.

In addition to the previous project research team led by Yang Lin and employees transferred from affiliated enterprises such as Meigang and Zhujiang Construction, the Xinpu Refining and Chemical Project Preparation Team had nearly 200 people before the end of May.

This obviously exceeded the preliminary preparation work requirements for a large-scale project. In addition, Beishugang Road, breakwater, transit terminal, water pipeline and other projects were started one after another before June. Before April, Qingsha Village Island, where Xinpu Refining and Chemical Co., Ltd., had completed the demolition and resettlement work, and began to carry out land leveling, border embankment reclamation and road network construction. Naturally, there is reason to determine that Xinpu Refining and Chemical Co., Ltd. had entered the formal construction stage before June.

Although there is a suspected violation of "building without review", the foundation piles in the main factory of Xinpu Refining and Chemical Engineering were not built, and supporting projects such as docks and embankments were declared and organized in the name of Xinpu Development Group. Those who are determined to obstruct the launch of Xinpu Refining and Chemical Engineering have no way to catch a direct handle.

However, Xiapu County has been resolute in land acquisition and storage in the past year, which has caused a significant decline in the amount of cultivated land in Xiapu County.

Xinpu Refining and Chemical Investment will be more than 4 billion yuan. Excluding fuel, the products will mainly include polyethylene and p-xylene and other chemical raw material intermediates. After the project investment is completed, it will drive more than 10 billion yuan in investment in downstream petrochemical industries, which can bring exponential growth space for the petrochemical industry along the Huaihai Bay and along the Zhujiang River. Under this big interest prospect, even if Xinpu's operations are somewhat illegal, the province will turn a blind eye.

Even Zhao Qiuhua, Dai Lesheng and others understand that if they want to raise objections, they are very likely to fall into a passive position in the province.

So some people's opinion is that Huaihai Province needs to have large refining projects, but it may not necessarily support Meigang in launching it. In fact, there is no way to directly oppose Meigang's local refining.

But now someone has pushed the problem to the center, and the problem becomes difficult.

It is in line with the local interests of Huaihai Province, but it may not be in line with the interests of surrounding provinces and cities and some central enterprises with refining and chemical businesses. With all the boost, the struggle will rise to central departments such as the State Planning Commission, the Ministry of Agriculture, the Maritime Department and even the State Administration of Environmental Protection. It is not difficult to imagine how difficult the problem is.

Once the pressure is applied from top to bottom, it is unknown whether Zhao Qiuhua, Dai Lesheng and others who have chosen to remain silent before will continue to remain silent.

Li Gu naturally knew that Secretary Tian was supporting the Xinpu Refining and Chemical Project, otherwise it would be impossible for Meigang to support the restructuring and listing of Xucheng Refining before the New Year - Meigang could not master Xucheng Refining, so naturally there was no question of Xinpu Refining.

However, in addition to the top-down pressure, Li Gu also knew that Secretary Tian had always been worried about how to solve the financial pressure after Xinpu Refining and Chemical Corporation started construction.

This year, the new money supply that the banking industry in the province can increase may be less than 20 billion.

With the current overall tightening of finance, even as the secretary of the provincial party committee, Tian Jiageng has no way to ask banks across the province to centrally allocate 200 million to Xinpu Refining and Chemical Corporation.

Therefore, Li Gu's trip to Huaixi has two purposes:

First, we told the Ministry of Agriculture that the Ministry of Agriculture has set its sights on Xiapu on the issue of the decline in arable land retention. The province will take some warning measures in the near future, which is actually to release pressure for Meigang in the future. Another is that Li Gu, on behalf of Tian Jiageng, will look at the preparations for Xinpu refining and chemical development.

Tian Jiageng also saw that Xinpu Refining and Chemical's recent moves are very large, and he is worried that the construction speed in the early stage will consume too much money for Meigang. Once multiple crises are caused, the problem will become more troublesome and complicated.

However, Li Gu did not expect that in addition to nearly 700 million yuan of start-up funds in the Xinpu Refining and Chemical Project, Meigang also had more than 400 million US dollars of foreign exchange funds waiting for the State Planning Commission to pass the project approval...

The loan of 32 billion yen has been exchanged into US dollars and entered foreign capital accounts such as CITIC. Once the project is approved and released into the country, it will be 3.5 billion yuan.

With the previous start-up funds, Meigang has prepared more than 4.2 billion yuan in huge funds for Xinpu Refining and Chemical Corporation.

Li Gu was really shocked when he heard Chen Huai say this and asked: "Mei Gang has prepared such a large amount of funds, why didn't he say a word?"

Many people in the province now have a neutral attitude towards the Xinpu refining and chemical project. The more critical factor is that Meigang, under the current financial environment - even Yexin Bank has tightened loans to Donghua - cannot prepare for the huge amount of funds needed to build such a large-scale refining and chemical project.

Once Meigang has more than 400 million US dollars of foreign exchange funds and other releases, most of these people may change from neutrality to support.

Whether it is the central government or the province, it has always been a firm supportive attitude towards the entry of industrial capital. In recent years, Huaihai Province has achieved better investment promotion results, and can introduce nearly one billion US dollars in foreign capital a year, which is a little less than 400 million US dollars in actual use of foreign capital in one year.

As long as Mei Gang released the news, even Zhao Qiuhua was afraid to express his support for the Xinpu Refining and Chemical Project in public.

"This loan was negotiated with Yasuda Bank recently," said Chen Huai. "Another provincial party committee inspection team just went to Donghua for inspection, and Meigang is not suitable for being too high-profile..."

Li Gu nodded with a smile, knowing what Chen Huai meant: Secretary Tian promoted the construction of the inspection system and first launched Donghua. He also focused on inspecting Meixi, Xiapu and other places, in order to show a warning attitude to the outside world. Meigang announced the news of the Japanese yen loan at this time, which would easily lead to the outside world that Meigang was "demonstrating to the province" and would complicate the problem.

To be honest, Li Gu was indeed worried that Chen Huai would be resistant during this trip to Huaixi, and was worried that he was too sharp, so he misinterpreted Secretary Tian's kindness. In this way, he felt relieved and said, "I will report this situation to Secretary Tian immediately; Secretary Tian has always been worried that Mei Gang has financial pressure, and he also considered whether it is appropriate to let the Provincial State Investment Corporation intervene in the construction of Xinpu Refining and Chemical..."

"If the Provincial Guotou intends to participate in the construction of Xinpu Refining and Chemical Engineering, a portion of the long-term loan of more than 400 million US dollars can be transferred to the Provincial Guotou," said Chen Huai.

Although many investment and financing platforms have been established in recent years, as far as Huaihai Province is concerned, the only one that can endorse government credit and raise public financing in the overseas capital market is Huaihai Guotou Group.

Due to the relatively lagging development of the economic and financial level of Huaihai Province, the credit level of the Huaihai Provincial Government in the overseas capital market is not high. In recent years, the total amount of funds directly raised by the Provincial State Investment Corporation in the overseas capital market is only 300 million US dollars, mainly investing in infrastructure projects within the province and injecting capital into provincial state-owned enterprises.

Regarding Chen Huai's suggestion, Li Gu nodded and said, "I will report your suggestion to Secretary Tian together."

Chen Huai’s intention is obvious. No matter how much the province supports Xinpu’s refining and chemical projects, it is limited. Once the Ministry of Agriculture or other central departments, it is necessary to strictly investigate Xinpu’s violations in requisition of arable land, and it is difficult for the province to directly protect it.

The Provincial Guotou participated in the investment and construction of Xinpu Refining and Chemical Corporation, in order to avoid losses in its own interests, at least when the Xinpu Refining and Chemical Corporation project may be hindered, the Provincial Guotou and the Provincial Government behind it have reasons to stand up and express their views. When the central ministries and commissions want to start playing the board, they must take into account the attitude of Huaihai Province and restrain themselves.

Judging from the current situation, Meigang has formed a preliminary influence in the overseas capital market.

Not to mention that Chen Huai agreed to allocate a long-term loan to be undertaken by the Provincial State Investment Corporation this time, which is conducive to the expansion of the Provincial State Investment financing scale. Long-term cooperation will also be beneficial to the expansion of the Provincial State Investment Corporation in the overseas capital market.

Li Gu knew that Secretary Tian had never found an entry point to directly support the Xinpu Refining and Chemical Project, and thought to himself: Chen Huai's proposal is really undeniable.

Chen Huai also explained the process of Mei Gang's loan negotiations with Yasuda Bank and explained to Li Gu so that he could report with Tian Jiageng in more detail.

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

Chen Huai and Li Gu talked in the lounge for a long time. After Sun Fujing and the others couldn't wait to send someone to see, they remembered that there was a large group of people waiting for them to attend the banquet and would attend the completion ceremony of the technical transformation project in the afternoon.

After the completion ceremony, Chen Huai had to take the evening train back to Xucheng, so he stayed to discuss cooperation with Sun Fujing and other Huai coal high-level coal in the coal trading market, shipping and other aspects. Li Gu took the bus back to Xucheng directly and separated in Fengcheng County.

In the car, Li Gu reported the secret talks with Chen Huai over the phone to Tian Jiageng who was in the meeting in Yanjing.

Tian Jiageng asked Li Gu to call Chen Huai and asked him to stay for two more days after arriving in Xucheng.

Li Gu called Chen Huai and sat in the car and closed his eyes to rest. It was just a bumpy road that made it difficult for him to calm down.

Putting aside Secretary Tian’s attitude and based on his personal position, Li Gu also tends to be able to participate in the Xinpu refining and chemical project at this time.

In addition to the huge profit expectations brought by the annual coke supply contract of 800,000 tons, the cooperation between Huai Coal Group and Meigang has also vigorously rectified the chaos in Huai Coal Group's market in the market coal trading three months since its official establishment. In addition to a significant increase in sales, Huai Coal Group has also made tons of coal from its previous loss situation in the past three months, and has also made profits ranging from a few yuan to more than ten yuan, allowing Huai Coal Group to turn losses into profits this year.

Otherwise, it would be very hard to imagine how embarrassing Huai Coal would be this year after Huaineng Coal Industry intervened in Huaixi coal resource mining.

Li Gu directly participated in the promotion of the entire work, which was of great benefit to his current tenacity in the Provincial State-owned Enterprise Working Committee. It also made his ability in economic affairs and received positive evaluations from the province and the planning committee.

Provincial state-owned enterprises are in a very complex situation, with many mountains and complex relationships. It is not easy for the State-owned Enterprise Working Committee to gain a foothold. In addition to having the support from above, they also need to have the ability to solve problems in order to obtain support from below.

At the same time, Tian Jiageng is currently interested in using the financing and investment function of the Provincial State Investment Corporation to strengthen interference in the construction of provincial state-owned enterprises and the provincial market economy from the capital level. Although the previous administrative orders interfere with provincial state-owned enterprises more directly, they also lack flexibility and room for regulation.

In recent years of reform and opening up, the country has emphasized market liberalization on the one hand, and learned from the experience of state capital control, and wanted to explore a path of state capitalism.

Some places do better, while Huaihai Province has lag in many aspects.

Similarly, if you want to use the financing investment platform of the Provincial Guotou and strengthen interference in the construction of provincial state-owned enterprises and the market economy in the province from the capital level, the expansion of the Provincial Guotou's own capital strength is an indispensable part. In this regard, it is difficult to refuse cooperation with Meigang, and it cannot be limited to the previous fixed thinking that looked down from top to bottom.
Chapter completed!