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Although the financial crisis has not yet swept Hong Kong directly, the financial situation in Hong Kong has long been extremely tense.

In the face of crisis, cash is king.

Even if your family has a very strong foundation and is not afraid of the blow of the financial crisis, if you have cash in your hand, it will be convenient for you to take advantage of the fire and harvest other people's high-quality assets in the storm.

Therefore, the Gu family has also reduced the investment in project construction in various places as much as possible recently, and the construction speed has slowed down significantly. The built-up enterprises are also making efforts to clear inventory. Yu Wei is not strong enough in the Gu family. When it comes to the supply of project construction funds, she has sacrificed the most. The construction of Baohe Ship Heavy Industry Project in Xipizha Port has almost stagnated in the past two months.

Yu Wei was disgusted from the bottom of her heart about Chen Huai, who controlled her daughter Kou Xuan and did not let them recognize each other, but Chen Huai's questioning angle was extremely sarcastic, and she could not respond coldly.

Zhao Qiuhua invited her to come and talk, and it was also clear that it was intended to promote the accelerated construction of the Baohe Shipment Project.

The growth rate of the whole province must be 10 now. The provincial government is also a matter of course to focus on key engineering projects and the construction of major engineering projects.

Like Xinpu Steel Plant, Baohe Ship, and Xinpu Refining and Chemical Corporation, the monthly construction funds for large-scale projects are about ten or two billion yuan. If these projects are not stopped and the capital investment is not stopped, the speed of economic growth in the province can be supported.

At this financial situation seminar, Zhao Qiuhua invited almost all the main persons or investors in the construction of key engineering projects in the province. After all, it is necessary to do ideological work and hope that they can grit their teeth and support it. Only when they hold on can the goal of ensuring 10 in the province be achieved.

Chen Huai asked this question, and Yu Wei knew in her heart that if she didn't respond coldly, she would definitely ask Zhao Qiuhua, who was sitting beside her, to have thoughts.

Yu Wei was so angry that she wanted to take off her shoes. She knocked Chen Huai's head with the pointed heel on the sole of the shoe, but her face still maintained the graceful and beautiful woman's smile. Her beautiful eyes glanced at Chen Huai, but ignored him, and said to Zhao Qiuhua, who was attracted by Chen Huai's questions:

"This financial crisis has brought Thailand, Indonesia, Malaysia and other countries into it, and the momentum has shown no sign of slowing down. Leaders from Southeast Asian countries and regions have been gathered in Hong Kong in the past few days to discuss solutions, worried that the crisis may be further expanded. Under the current situation, Baohe Group has to be more careful; if the financial situation can be alleviated within two or three months, the construction progress of the shipyard will speed up..."

"Well..." Zhao Qiuhua listened and responded, saying that he listened very seriously, but Yu Wei's answer was really hard to satisfy him.

It will be late August soon, and in two or three months, it will be the end of the year. Baohe Group has now stopped investing nearly 100 million or 200 million yuan per month, which will have a great impact on the province's 100 million yuan in construction.

However, although Yu Wei's answer was difficult to satisfy him, Zhao Qiuhua could not express it.

The province is now inviting people to come here to do ideological work and persuasion. They are not provincial state-owned enterprises, so how can they pay attention to the provincial administrative orders?

"Will the financial situation continue to deteriorate? It's hard to say that it's dead, but at present, the probability of deterioration is still higher," Chen Huai took Yu Wei's words and said, "What's even more worrying is that the financial crisis will bring a huge blow to the real economy of Southeast Asia. Baohe Group's shipping business is mainly concentrated in Southeast Asia. This time it is probably also a severely affected area, and it will directly suppress the growth of demand for new ships. Mr. Yu said that Baohe Ship will catch up with the construction progress within two or three months. I am really worried that it will be achieved by then..."

Zhao Qiuhua had no feelings about Chen Huai's words of Yu Wei. It was not convenient for him to directly apply pressure at this time, so Chen Huai's words of Yu Wei helped him.

Seeing that Zhao Qiuhua looked at him with some expectations, Yu Wei wanted to roll her eyes at Chen Huai, so that he could know how annoying he was.

She has no way of judging the future economic situation. It is just a comforting moment for her to say that she will catch up with the progress of shipyard construction in two or three months. Otherwise, what could she say to Zhao Qiuhua?

Now Shen Huai squeezed her out, making her situation even more embarrassing.

Yu Wei knew in her heart that Zhao Qiuhua hoped she could make a clearer statement, otherwise she would have to worry that Zhao Qiuhua would bypass her and go to other people in the Gu family to talk about the progress of the engineering construction.

In this case, Yu Wei will give other people the possibility of surrounding the Gu family, which may cause her to destroy her efforts for more than ten years.

Yu Wei pursed her rosy lips and said, "Baohe Group has no problems in funding supply. The development of its business is also very balanced. County Mayor Chen's concerns seem to be a bit redundant..."

Chen Huai smiled. Although he did not say "Let's see it then" to Yu Wei, such a look made Yu Wei look in her eyes and was a little crazy.

Chen Huai turned his head and asked Fan Wenzhi: "Mr. Fan, the completion ceremony of the electric furnace steel project jointly operated by Shenggang and Fuji Iron and Changqing Group is very popular. It will be officially put into production next month, right? It seems that the situation of Shenggang this year is quite good. The province proposes to ensure the growth rate of 10 this year, and Shenggang will take on the main beam..."

Fan Wenzhi's mouth also twitched, and everyone said that under the severe attack of Provincial Party Secretary Tian Jiageng, Chen Huai and Mei Gang have learned to be honest during this period, but the ball ran over and picked on tricks everywhere, so how could they be honest?

Li Gu watched Chen Huai kill Yu Wei and Fan Wenzhi on the opposite side, and he was amused. He also knew that Chen Huai had no choice but to remove his target for a long time to leave the outside world with a low-key and honest impression, but he also had to beware of some old opponents who would come up to suppress him if they had the opportunity. Therefore, Chen Huai would never shrink back the sharpness and fangs he should have.

But looking at Fan Wenzhi's uncomfortable look, he also knew that he had asked Chen Huai about the pain.

Li Gu is now the secretary of the State-owned Enterprise Working Committee and the provincial government investment department. He has also thoroughly studied the current economic situation and naturally knows where Fan Wenzhi's pain lies.

The national economy and financial policies have been tightened since the beginning of the year, and a large number of local infrastructure and industrial projects have been delayed or cut, which has caused the strong growth demand for raw materials in the past two years to stagnate.

In the second quarter, domestic steel prices continued to fall by 7.8%, and the situation will not improve for a long time, and there will even be a further downward trend. After years of vigorous development, domestic steel companies have faced a challenge.

Li Gugang conducted a survey on the Provincial Steel Corporation and knew that since the second quarter, the sales and ex-factory price of the Provincial Steel Corporation has approached the control line and its profitability has declined significantly.

Not to mention that steel prices may further decline in the future, even if the prices are stable, after the Xinpu Steel Plant and other steel companies are put into production, the domestic steel market will increase the supply of nearly 10 million tons of steel every year, which will further intensify the pressure on steel conservation.

After all, the province now hopes that Xinpu Steel Plant can be put into production in time, because this is of great significance to maintaining the growth rate of 10, but the production capacity of the Xinpu Steel Plant is definitely delayed by three to five months, otherwise the Shaanxi Steel Plant will face the dual pressure of price decline and intensified competition.

Speaking of cost control, the cost control of Shenggang in domestic steel companies over the years is considered good, but it is far from comparable to Meigang.

Shenggang is expected to successfully exceed the 10 billion mark next year, but Shenggang is supported by a total of nearly 40,000 employees under the 10 billion output value.

After Meigang was successfully put into production at Xinpu Steel Plant, the output value of the steelmaking business next year may directly exceed 15 billion. However, behind Meigang's output value of 15 billion, the number of people employed in its steel business department is less than 7,000.

Even if Meigang's per capita salary is one and a half times higher than that of the steel-saving, the labor cost per unit output value is still only one-third to one-quarter of the steel-saving, not to mention that Meigang has huge management and cost advantages in transportation and other aspects.

Fan Wenzhi ignored Chen Huai, but he dared not tell the truth about Li Gu's investigation.

Li Gu is in charge of the State-owned Enterprise Working Committee and has direct assessment power for the leaders of provincial state-owned enterprises; especially when Tian Jiageng has not left, if he has the right to capture Li Gu, Li Gu has the right to directly remove him from the provincial party committee.

Fan Wenzhi and Liang Rongjun have estimated that when the profitability of the entire industry approaches the margin of production cost, Meigang's profitability will drop by about one-third, and Shenggang will struggle on the profit and loss line.

Shenggang is now promoting the joint venture project with Fuji Iron and Changqing Group to be put into production as soon as possible. To be honest, I hope that efficient production there can be made Shenggang look a little better overall. As long as there is no comprehensive loss, not only will it be less pressure on him personally, but the restructuring of the old Shenggang factory will be easier.

It should be said that Fan Wenzhi's level of leading the steel industry is still above the level.

The current production of Provincial Steel is mainly divided into two parts: one is the Xiling factory area, and the other is the development of its steel business in Donghua after reorganizing Donghua City Steel in the past two years.

The business of Shenggang in Donghua Steel in Donghua Steel is developing quite well: the joint venture project of 300,000 electric furnace steel tons held by Shenggang has been stable for nearly a year. Although its profitability is not as good as Meigang, it is still quite good. The new one million tons electric furnace steel project is planned to be fully put into production next month, and its competitiveness in all aspects is also strong; and Liang Rongjun's restructuring of the former Donghua steel production department was also successful, and it can maintain profitability. It can be said that Shenggang's business expansion in Donghua has become a rare highlight of its recent years.

The main pressure of the steel industry in Xiling is the old factory, the old mining area, the old factory area, the facilities are aging, the technology is backward, there are many retired employees, and there are many redundant employees. They are overstandard and are very delayed.
Chapter completed!