"Mr. Liu, you talked in Singapore and said you wanted to build a Cara Canal, but you broke your legs. Tell me, how should I compensate me for my losses?" In Liu Haoran's office, Zhu An started like this with a smile.

Liu Haoran pretended to be surprised and said, "No? Director Zhu, I am just joking with Jila Pin. With such a big thing as the Kra Canal, how could a private enterprise like our Xinghua Club start to build it casually? There must be some misunderstandings in this."

Zhu An widened his eyes and said, "Mr. Liu, this is wrong. Jun Wu jokes. Such a large industry under your company, you should be a golden mouth and a jade teeth. How can you say it doesn't matter? Now we have already agreed with Thailand. You said it's a joke, isn't this an international joke?"

Liu Haoran spread his hands: "Then there is nothing we can do. Our Xinghua News Agency is now very tight. There is 20 billion Chinese yuan in a Kra Canal. How can we get it? Since the country and Thailand have already agreed, it will be funded by your Strategic Committee to repair it. Anyway, our country is rich and does not care about this mere 20 billion."

"You're ruthless." Zhu An admitted defeat.

He has worked in government agencies for a long time and has become accustomed to speaking very seriously. He is definitely not a match for Liu Haoran, a veteran of the mall.

Zhu An bowed to Liu Haoran and said, "Mr. Liu, don't make things difficult for me. You know very well that if the country can come forward directly to build this canal, it will not be until today. Now everyone hopes that you will come forward to organize this investment. If you need any help from the country, just say it right."

"Before we came, our director had already explained that all the requirements of your Xinghua Community can be agreed upon as long as it is not a violation of the law or discipline."

"No?" Liu Haoran was really surprised this time, "Is this canal so important? It allows the country to promise me such a big pie? To be honest, I can't even think of any requests."

Zhu Andao: "The president of our Strategic Committee said that Xinghua News Agency is the pride of our national industry anyway. Our Strategic Committee must persist in supporting Xinghua News Agency. Even if there is no such thing as the Kra Canal, if Xinghua News Agency has any requirements, the Strategic Committee will also satisfy it to the greatest extent."

"So, please rest assured by Mr. Liu. As for the Kra Canal, it is indeed of great significance to our country. So I also ask Mr. Liu to worry more."

After hearing Zhu An's words so sincere, Liu Haoran was embarrassed to joke again. He asked: "Director Zhu, what kind of considerations does the country have for the construction of this canal? Give me a clear idea."

JuAndao: "This canal is of great significance to improving the safety of ocean transportation in our country. The state means that the control of this canal must be in our own hands, so as not to interfere with us with various excuses. This must be maintained."

"This is not a problem," said Liu Haoran. "Jila Pin and I have agreed that if we cannot get the controlling stake, we will not invest. I don't believe that Thais can get money from other channels."

"It's not important to be able to do this. Several departments have put forward two additional requirements. I'll tell you here. It's better if you can win, and it doesn't matter if you can win. Don't lose the big picture because of small things." Zhu An added.

Liu Haoran also nodded: "Tell me, if the impact is not big, I think Jilapeng will agree."

"First, after the completion of the Kara Canal, the canal area will become a global investment hotspot. The relevant departments hope that Thailand can provide convenience and discounts for Chinese companies to invest in the Kara Canal area, which is also the meaning of not flowing from outsiders."

"This is not a problem at all." Liu Haoran took over. "During the construction of the canal, I asked Jila Pang to set aside a few pieces of land for us. We will get the right to use first. In the future, others will not be able to compete."

What Liu Haoran didn't tell Zhu An was that Xinghua's decision-making team had already considered that the industrial land he would get in the future would have to be sold at a price. Just the transfer of land use rights can make up for a large amount of Xinghua's investment in this project.

Zhu An knew that Liu Haoran had this ability. He nodded and said, "The second thing is that some departments hope to consider the construction units from China to the greatest extent when bidding for projects. Such a large canal project is also very beneficial for training our construction team."

Liu Haoran also expressed his understanding: "This is even less problematic. To be honest, I am really worried about handing it over to the construction teams in other countries. The construction period is long, the cost is high, and it is not enough for them to waste it. I have already thought about it. Not only should the construction be undertaken by Chinese companies, but all engineering equipment and port equipment procurement must also be given priority to Chinese companies.

Wu Xin, the boss of Humen Port Machinery, has been looking for me several times during this period, saying that if the port equipment is used by their company, he can give me a discount on the price."

"That's right." Zhuan laughed. "The construction experience of large canal projects and equipment manufacturing experience of large canal projects are very rare for us. If we can gain these experiences from this project, then the investment benefits we provide will be more sufficient."

Liu Haoran said again: "Thailand cannot provide these equipment itself, and their construction team has limited capabilities, so we will not compete with us on this issue. What we need to beware of are mainly other countries, especially the United States and Germany. In this regard, Jilapeng and I should be able to reach a tacit understanding."

Zhu Andao: "There is no problem in this way. The country can approve this multinational investment case at any time. The next step depends on how you raise these funds and what kind of name to invest."

Liu Haoran thought for a while before saying: "I have communicated with some friends who are interested in investing. What everyone means is to set up a Kara Canal Investment Company to raise funds through private equity. But in this way, the approval of the state needs to be approved by the state, otherwise this would be illegal fundraising. Such a large amount is horrifying."

Zhu An was very satisfied with Liu Haoran's attitude and said with a smile: "This problem has been solved. You can report it. The relevant departments can approve it immediately. This is a special matter. However, the state still needs to supervise the use of investment funds. This is not a question of whether you trust or not, but the amount is too large. If there is some risk, it will affect social stability."

Liu Haoran also expressed his understanding of this: "The actual funds needed are about 6 billion Huayuan. I am sure to control the investment of the entire canal to within 10 billion Huayuan. During this period, I communicated with many friends in the business world, and everyone is interested in investing in this project. I estimate that it is not difficult to raise 6 billion."

Zhu An was relieved at this moment: "Then I knew it. Before coming, the leader told me that if you have difficulties in financing, the country can also consider providing some in a flexible way. I think this is a worry. With your Xinghua News Agency, it is estimated that it will not be difficult to raise 1 billion Chinese yuan? At present, you are the ones with the most abundant cash flow in various domestic companies."

Liu Haoran shook his head and said, "On the contrary, we are very short of cash flow now. Look, we have launched microelectronics companies and automobile companies during this period, especially microelectronics projects. This is simply a bottomless pit. You can't hear a sound when you spend money in it. We are now very short of money."

"Hasn't your microelectronics project been put into production? I heard that your first batch of chips will be released soon." Zhu An asked in surprise.

Liu Haoran explained carefully: "It can only be said that our first phase project has been put into production. We still have the second phase and third phase, which all require large amounts of capital investment. So, we really have something to ask the Planning Commission to help us solve it."

"What's the matter?" Zhu An asked the reason.

"We want to go public." Liu Haoran said in a solemn voice.

This is not surprising. China, which dominates ancient Chinese, has extremely strict financial management. Companies like Xinghua News Agency that are large and unlisted are not very rare.

Regarding corporate financing, it was previously dominated by the Industrial and Economic Union. Companies did not allow private fundraising, and there was no such statement as going public. Not only Xinghua News Agency, but also Tianyu Group and Qingzhu Chemical did not have the so-called listing.

Zhong Yang has always opposed the expansion of virtual economies such as stocks and funds, believing that it is a manifestation of the abnormal development of the stock market.

But in fact, according to the theory of enterprise management, the stock market is a place for allocating production resources, which include funds and management.

The listing of a company is to solve the problem of insufficient production capital of the company. While attracting public funds, the company also needs to accept public supervision and transfer part of its control and profits to shareholders.

For enterprises, whether they choose to go public depends on whether the company itself lacks funds, whether it is unable to obtain funds from other channels, and whether it is willing to transfer this part of control and profit.

If the company itself has sufficient funds and the original owner of the company hopes to maintain control of the company and is unwilling to let others share the company's profits, then there is no need to choose to go public.

In fact, in Western countries, many large companies have always chosen not to go public.

For example, Coch, a company in the United States, is said to be the world's largest non-listed company with an annual output value of up to US$5 billion. It has been engaged in business including crude oil mining, refining, trade, pipeline transportation, agriculture and animal husbandry, financial services, road asphalt, etc. It has a history of nearly 50 years.

When Coch's expansion of its business, it always uses its own family's funds instead of raising funds from the capital market.

Although the scale of financing has been affected some, all the company's profits no longer need to be distributed with other investors, and the final accumulation will be more.

In the world, especially in Europe and the United States, for a long time, listed companies have almost no obligation to distribute dividends to shareholders, and such a decision-making and supervision mechanism as the shareholders' meeting is useless, which allows listed companies to enjoy the funds raised from the market without paying any price.

In such an atmosphere, going public becomes a simple act of making money. The company does not need to consider whether to go public. Whether it is going public or not depends on whether it can be qualified to go public.

Liu Haoran is also a technical person and is quite rigorous in his work.

In his mind, if a company wants to go public, it must strictly follow the rules of listed companies. One of the important ones is that the company's profits should be distributed to dividends and let shareholders enjoy investment returns. Liu Haoran cannot do the practice of intercepting shareholder dividends in cleverly like other companies.

But in this way, the development of the enterprise will be affected.

Xinghua News Agency has been putting most of its profits back into production over the years, allowing the company to continue to grow and grow. As a non-listed company, it is understandable to do this. After all, Lin Zhenhua himself is the largest shareholder of the company, and the Economic Commissions of Hubei, Guangxi and Guangdong, which represent the state, also support this approach.

The two largest shareholders agreed and others had nothing to say.

If Xinghua News Agency goes public, the situation will be different. It is unfair to keep all the profits for expansion of reproduction in this way.

Using the once popular agency theory to explain, small shareholders entrust decision-making power to the controlling shareholder. The controlling shareholder will refuse to pay dividends for the motivation to pursue the maximization of his own control.

Because this way, you can keep more money in your hands, and this is an act of agents damaging the interests of the client. Of course, Liu Haoran doesn't understand these theoretical statements. Even the senior executives within the Xinghua Community, who are professional managers, know very little about this.

However, they have one thing in common, that is, they believe that Xinghua News Agency is not yet in the position to go public for financing. If they learn from other companies to "make money", it will conflict with their values.

In this way, Xinghua News Agency, a large group, has reached an annual output value of 12 billion Huayuan. It is already the best in China, but it is still a non-listed company. This incident has always been used by brick professors from various Western universities as a negative example in teaching.

According to the analysis of the Bricks, there are two possible reasons why Xinghua News Agency did not go public. One is that Hanhua's leadership has a small-scale farmers' awareness and does not understand the operation of the capital market; the other is that the securities regulatory authorities are causing trouble and deliberately prevent Xinghua News Agency from listing.

Regarding the latter statement, reporters often go to the CSRC to verify it, which has caused a lot of pressure.

Now, the word "listed" was finally spit out of Liu Haoran's mouth, which surprised Zhu An very much.

You should know that the Hualian government did not prohibit companies from listing in the past, but just did not promote it. The real resistance came from the three major groups. Unexpectedly, Liu Haoran would actually think about breaking this deadlock today.

"Why, Mr. Liu, your group is so determined to invest in the Kara Canal. He will change his original intention and plan to raise funds from the stock market?" Zhu An asked.

Liu Haoran shook his head and smiled: "This is a bad word. Although we attach importance to the project of Kra Canal, it is just a public welfare project. How can we take out the entire company's assets? We do need to raise funds recently, but it is not used for the canal project. Director Zhu, you are very talented, why don't you guess what project we are optimistic about?"

Zhu An calculated with his fingers, electronics, automobiles, gas turbines, and large machine tools...

All of this is what Xinghua News Agency is doing, but none of them is worthy of Xinghua News Agency's big fight to raise funds.

Based on his understanding of Xinghua News Agency, if there was no funding gap of more than 10 billion yuan, Xinghua News Agency would not need to go to the stock market to raise funds. They would have a lot of cash flow, and various banks were ready to lend money to Xinghua News Agency at any time with their money pockets.

So, what would be a project worth Xinghua News Agency to invest more than 10 billion yuan?

"The biggest hot spot in China at present is the construction of high-speed railways. Hanhua doesn't want to make a difference in this market, right?" Huang Gang guessed.

Zhu An also made a guess based on the future investment focus of the Hualian Government Strategic Committee, but he also knew that this guess was a bit unreliable. Compared with any company, the construction of high-speed railways is a bottomless pit. If you throw it away for 10 billion yuan, you can only build a small piece.

Judging from the map of China, I'm afraid it's not even a centimeter long.

This kind of infrastructure can only be dominated by the state, and private enterprises like Xinghua News Agency naturally cannot participate.

As for equipment related to high-speed railway construction, it is the strength of Xinghua News Agency, but the investment required in this regard is relatively small, so it will not cause Hanhua to get hurt.

Sure enough, when he heard Zhu An's guess, Liu Haoran smiled again and said, "We will certainly not miss the high-speed railway project. In fact, we have contacted the Railway Bureau and its affiliated enterprises. They intend to ask us to provide special machine tools for rail automation quenching, heavy rail correction and other aspects."

"Not only that, we may also undertake some of the core accessories on high-speed EMUs. However, these are small projects for Xinghua News Agency, and the initial investment we need to spend is only single digits."

"Single digits..." Zhu An curled his lips. He knew that the unit behind Liu Haoran was talking about was "billion". He, the deputy director of the Strategic Committee, dared not speak such a big tone.

"Then I can't guess." Zhu An gave up his efforts and said, "I think that if you want to go public and raise funds, it requires at least three-digit funds? I really can't imagine a project worth investing in three-digit funds by Xinghua News Agency."

Unconsciously, Zhu An was also used to Lin Liu Haoran's counting method, which was to regard the numbers after "billions" as decimals. I have to say that this counting method is quite domineering.

"Haha, there are things that Director Zhu can't imagine, which makes me feel very accomplished." Liu Haoran joked.

He asked Zhu An to walk to a map posted on a wall in the office, pointed to one of the locations, and said confidently to Zhu An: "Look, our group's recent investment hotspot is here."

What is posted on the wall is neither a world map nor a China map, but a map of a certain area.

Zhu An is also a person with a global mind. He only took a look at the names of the surrounding oceans and the names of the countries and recognized them. This is a map of southern South America.

In the middle of the map, a large color block was drawn. Around the color block, there were many stains left by the repeated touch of fingers. In other words, Liu Haoran and his team have been staring at this map for a while and discussing the color block.

"This is..." Zhu An desperately recalled his geography knowledge.

"Polivia, Santa Cruz Province." Lin Liu Haoran reminded with kindness.

"Santa Cruz Province?" Zhu An understood, "This is Mutong Iron Mine. Why, Mr. Liu, are you planning to invest in Mutong Iron Mine?"

"That's right, the mining rights of Mutong iron ore, the investment of the first phase of the investment of no less than 2 billion yuan in Huayuan, and the investment of railways built for the transportation of iron ore are expected to be more than 1 billion yuan in Huayuan." Liu Haoran said confidently.

"This is at least 3 billion Chinese yuan. With the current economic level, this is indeed a big deal." Zhu An gasped, but he was still a little confused.

"Mr. Liu, you are engaged in equipment manufacturing, why did you suddenly change your career to mining? Although I have always known that you have some mining rights in Africa, it is just an auxiliary business after all. If you really invest 3 billion Huayuan to develop Mutong Iron Mine, then your main business will become mining?"

Liu Haoran smiled and said, "It doesn't matter. We will not give up on the equipment manufacturing industry, but now other domestic companies are also rising, and the market competition pressure is getting stronger and stronger. It is okay for us to open up another business direction."

Zhu An nodded and said, "Of course, mixed operations are inevitable for a group as large as Xinghua News Agency. However, I am still a little confused about your decision. First, the profit of iron ore is not very large. How can you recover the investment by investing so much money to develop an iron ore? Second, even if you really want to build an iron ore, you don't have to choose Mutong Iron ore, right? As far as I know, this is a super useless piece of ribs."

It is not unreasonable for Zhu An to say this. The added value of the mining industry is not high, and it is indeed not cost-effective to invest in South Africa.

The public security situation there is not reliable, and the freight cost required to transport ore is not low. Xinghua News Agency spent so much effort there to invest, and in the end it is likely to lose money. To be continued...

{Piaotian Literature www.piaotian.net Thank you for your support, your support is our greatest motivation}
Chapter completed!