Chapter 864: The Foundation of Cooperation
Chen Huai invited Yu Wei, Gao Yang, Qi Jingyao and others to sit down in the reception room.
Yu Wei said that she would hold a banquet at the welcoming hotel in the evening, and Xiong Wenbin would accompany Jiang Hua and others to accompany Secretary Zhong of the Provincial Party Committee at night, and she might not be able to get rid of her body. She insisted on invite Xiong Wenbin's family Bai Sumei, Xiong Daini and Xiong Dailing to attend the event at night.
Since Gu Zexiong has rushed back to Hong Kong, everyone will no longer bother with his rudeness just now, and the topic will focus on the issue of port investment.
Baohe Shipping Industry participated in the development and construction of Xipizha Port more than two years ago. In addition to establishing a joint venture with the Municipal Port Investment Group and Tianyi Group, it participated in investment in ports, industrial parks, office buildings and other projects in Xipizha, and also independently invested in Baohe Xicheng Shipyard, the largest shipbuilding base in Huaihai Province at that time.
The first phase of the Xicheng Shipyard plans to build two large docks with an annual total shipbuilding capacity of 200,000 tons.
Before the Southeast Asian financial crisis broke out, sea transportation in Hong Kong and Southeast Asia declined. The construction progress of Xicheng Shipyard was rapidly advanced to about half of the early stage, and it also stagnated due to lack of funds and unclear market prospects.
Although after all efforts, by late July this year, the first shipbuilding platform of Xicheng Shipyard was still difficult to complete, this did not allow Yu Wei to get rid of the accusations within Gu Jia, Bao and the Ship Industry.
Chen Huai also knew that his pretending to be sophisticated and playing with the tactics of trying to get would only make Yu Wei sway under the influence of Qi Jingyao and others.
If you want to stop calling Hu Lin, Chen Baoqi and others from doing this behind the scenes, he asked Yu Wei, Gao Xinyan and others to sit down and then went straight to the topic:
"Mr. Yu told me at Pengyue, Beishan that day that he was interested in investing in Xinpu Port. Although I couldn't take time to talk to Mr. Yu about this issue, I also exchanged views with Hongjun, Zeng Zhirong from Hengyang and Zhou Zhibai from Shipping. The purpose of discussing cooperation is mainly to better solve the problems we are facing. For Xiapu County, Xinpu Port should develop into a comprehensive hub port with cross-regional connection. The current construction can only be said to be a little foundation. In the future, more resource investment is needed and participation is required. The capital for the construction of the port, excellent, experienced port enterprises and talents, rich business channels, etc., are all within this resource scope. As long as it can promote Xinpu Port in these aspects, Xiapu County is welcome. And enterprises that have participated in the construction of Xinpu Port. As long as the company that has participated in the construction of Xinpu Port, are currently within this resource scope. , the sooner the logistics scale transferred through Xinpu Port is formed, more partners need to participate. Specifically, Xinpu Shipping Group, which is developing with Xinpu Port as the main port, has a weak capital strength and a small fleet capacity. The main development direction in the future will need to be more concentrated in Zhujiang and ports along the Huaihai Bay area to develop various shipping businesses. Far Ocean will mainly concentrate on relatively narrow areas such as iron ore and coal. I will put the main problems faced by Xiapu County and enterprises that have participated in the construction of Xinpu Port, including Xinpu Shipping Group, in front of President Yu and Manager Gao. I also want to know what the problems faced by Baohe Shipping Industry are currently facing. Can the cooperation between the two parties be beneficial to solving each other's problems? This is the main basis of cooperation..."
Local officials will always express sincere and enthusiastic tone when facing investors. Qi Jingyao and Gao Yang did not think that Chen Huai was surprised at the opening remarks that Yu Wei said to Yu Wei, but Yu Wei, Gao Xinyan and others were shocked.
Yu Wei is not a pragmatic person, and she is more scheming. However, from the perspective of solving problems, Chen Huai directly touches the core of the urgent problems facing Baohe Shipping Industry. How could Yu Wei not understand?
For Gao Xinyan and other managers who have mastered the specific operations of Bao Ship Industry from a practical level, it is clearer that Chen Huai is actually pointing out a cooperation path that helps solve problems between the two parties and let them choose.
In the past decade, Baohe Shipping Industry has mainly developed offshore transportation services from the Mainland to Hong Kong and Southeast Asia, and related investment businesses related to ship supporting equipment such as ports, shipbuilding, sea transportation and even containers, all concentrated in this field.
Yu Wei has gradually gained the power of Baohe Shipping Industry in recent years, and has also continued this business philosophy and implemented it in her investment in Xipizha Port.
The Asia-Pacific financial crisis, in terms of ports, shipping, and shipbuilding related industries, is the offshore shipping field in Southeast Asia and the mainland, and it has suffered the most severely, and I don’t know when it will recover.
At the same time, as domestic economic policies become increasingly relaxed, direct trade with overseas trade is becoming increasingly close, and direct trade channels with overseas are being opened more and more. Even if the volume of transit trade in Hong Kong will continue to increase in the future, it will mainly be that the process and financial processes are transferred through Hong Kong, and the scale of transit through Hong Kong such as transportation, warehousing and bonded processing will tend to shrink.
As an international shipping company, Baohe Shipping will not participate too much in mainland inland rivers and near-port transportation business. The investment and business structure urgently need to be adjusted towards the ocean business.
Under this situation, the investment stalls that Baohe Shipping Industry has spread in Xipizha Port seem a bit too big. Moreover, if the investment projects in Xipizha Port continue to be completed, it will still require HK$14.5 billion in funds, which also puts great pressure on Baohe Shipping Industry.
For Yu Wei, the ideal way is to replace the rights of Baohe Shipping in Xipizha Port and the rights of Meigang Group in Xinpu Port.
By exchanging some equity, Baohe Shipping Industry can improve its ocean business without requiring new capital investment. At the same time, it allows the Meigang Group to participate in the investment projects of Xipizha Port, and use the Meigang Group's financing capabilities in the mainland to solve some of the funds required for the subsequent construction of the Xipizha Port project, avoiding it becoming an unfinished project, and will also have better market prospects.
If cooperation can achieve these three effects, Baohe’s projects in Xipizha Port can solve the current problems faster and better; and the projects in Xipizha Port account for a huge proportion of Baohe’s ship industry at present, and solving the problem will naturally greatly help the entire group get out of the trough.
Chen Huai also made it clear that Baohe Shipping Industry does not need to invest much money immediately in the construction of Xinpu Port. In terms of business channels, management system construction and the input of excellent management talents, it will be beneficial to Xinpu Port, and the two sides will have a basis for cooperation.
At the same time, Chen Huai also frankly admitted that, as one of the core enterprises of the Meigang Group, Xinpu Shipping Group's current business development direction is mainly to concentrate on stray freight services along Huaihai Bay and Zhujiang ports, avoid direct competition with Baohe Shipping's shipping business and have strong complementarity, which also strengthens the basis of cooperation between the two parties.
In other words, when Gao Yang and Qi Jingyao thought Chen Huai was saying polite words, Chen Huai had actually directly explained the basic points of cooperation between the two parties to Yu Wei, Gao Xinyan and others.
Yu Wei could understand at this time that Chen Huai knew what kind of cooperation she and Baohe Shipping Industry needed to cooperate with Xiapu the most, and also knew that Gu Zexiong and the Gu family behind him were the biggest obstacles to cooperation between the two parties. So just now, he took advantage of the issue without hesitation and kicked Gu Zexiong to the ground, so that she could drive Gu Zexiong directly back to Hong Kong so that she would not have to be in the way.
Looking at Gao Yang again, Qi Jingyao was still laughing perfunctorily. Although Yu Wei didn't just talk about this matter and completely changed her disgust towards Chen Huai, she could also understand that just by just being able, vision and persuasive that pointed directly into the hearts of the people, Gao Yang, Qi Jingyao was really not as good as Shen Huai.
Although Yu Wei was worried about her daughter Kou Xuan, she also understood that if she wanted to not be kicked out by the Gu family for a year or two, she temporarily chose to cooperate with Chen Huai, which was the only way she could take now.
Qi Jingyao and Gao Yang had not followed up at the beginning, but when they heard Yu Wei, Gao Xinyan and others talked about some specific problems currently facing Baohe Shipping, they realized that the situation was worse than they expected.
In addition to the Xicheng Shipbuilding Base, Baohe Shipbuilding Industry's many investments in Xipizha Port, including a container specialty manufacturing plant, are mostly joint ventures with the Municipal Port Investment Group and Tianyi Group. Therefore, some cooperation and equity exchanges on specific projects cannot bypass Hu Lin and Chen Baoqi's side.
Chen Huai's opinion is very clear. Mei Gang will not intervene in the project involving Tianyi Group; and even if the Municipal Hong Kong Investment Group is considered a member of the Zhao Group at this time, it is always a municipal state-owned asset. So let's talk about specific cooperation, and Chen Huai does not have the energy to involve more specific negotiations.
However, it is far beyond Yu Wei's expectations to be able to negotiate like this today. With such a foundation, she can get more support from the board of directors and push the whole thing forward, without fear of the Gu family making trouble behind the scenes at this time.
But seeing Yu Wei and Chen Huai suddenly get close to each other, Qi Jingyao and Gao Yang were naturally anxious. Although Baohe Shipping Industry is nothing in the Gu family's huge assets, its investment proportion in the Huaihai Bay area cannot be underestimated. Yu Wei and Baohe Shipping Industry and Meigang colluded with Meigang, which is absolutely not good news for them.
As the deputy secretary, Chen Jingyao was staring at her, and she couldn't get out for the moment. Gao Yang found an excuse and walked out to call Chen Baoqi to report the matter while Chen Huai and Song Hongjun and Yu Wei were having a good chat.
After a long time, Qi Jingyao received a text message from Hu Lin on her mobile phone: "I have arrived in Xucheng, and I will soon arrive in Yicheng to greet Mr. Yu on my behalf..."
Qi Jingyao knew that Hu Lin had always been disdainful of Chen Huai. At this time, he could personally come to Yicheng, and probably faced Chen Huai as a strong enemy. He thought that only Hu Lin directly put pressure on Yu Wei could dispel her idea of cooperating with Chen Huai.
Qi Jingyao leaned over and attached himself to Yu Wei's ear and said, "Hu Lin also came to Yicheng tonight, so I would like to say hello to you..."
Yu Wei's heart trembled. She could still clearly distinguish between the Hu family and the Song family in the country.
In addition, Jinshi Rongxin, a central enterprise with an asset scale of tens of millions, has been under the control of the Hu family in Hong Kong and Guangzhou and Shenzhen for more than ten years, and has deep roots. As a Hong Kong listed company, Baohe Shipping Industry's largest shipbuilding base is currently in Guangzhou and Shenzhen. Jinshi Rongxin and Hu family have great influence on other directors of Baohe Shipping Industry's board of directors and Hong Kong and mainland shareholders standing behind these directors. It is not comparable to the Meigang System, which has just risen from the Huaihai Bay area at this time - not to mention Gu Jia.
What should Hu Lin do if she must stop her from cooperating with Chen Huai?
Chapter completed!