"Does District Chief Bao want Pujiang Coking to participate in the coal-to-olefins project jointly constructed by Fangxia New Materials, Fangta Mining and South Africa's SASOL? How much investment does Pujiang Coking need? How much share can it take?" Zhao Changbo pondered for a moment and asked. . Bao Feiyang said: "This depends on how much Pujiang Coking or Puhua Group can invest. If Pujiang Coking Group is willing, it can even lead the coking project and coal chemical project." Zhao Changbo couldn't help but smile bitterly: "The current focus of Pujiang Coking Group is It is to build Jingshan Chemical Industry Zone. In order to build Jingshan Chemical Industry Zone, we have used all the methods we can think of. Even if we want to participate in the coking project of Xinpu Iron and Steel Co., Ltd., we do not have the funds to invest. " Bao Feiyang smiled and said: "Pudang Iron and Steel Co., Ltd. Both Pujiang and Pujiang Chemical are municipal enterprises. You can discuss this with the Municipal State-owned Assets Supervision and Administration Commission! " The Park Development Company and Xinpu Steel are both municipal enterprises. Among them, the Park Development Company is 100% state-owned. Pujiang City has passed the Municipal State-owned Assets Supervision and Administration Commission and Urban Investment Corporation The company controls 50% of the park company's equity, and Huixun District controls the remaining 50%. The shares of Xinpu Steel are more complicated. The park company holds 50% of the shares, the Municipal State-owned Assets Supervision and Administration Commission and the Urban Investment Company hold another 15%, and the Huixun District State-owned Assets Supervision and Administration Commission holds 5%. This part of the state-owned equity It exceeds 70%. In addition, investments from ThyssenKrupp and Fangta Mining have been introduced, accounting for about 20% of foreign investment. The equity structure of Xinpu Steel is relatively complex. Although state-owned shares account for the vast majority, due to the presence of other shareholders, especially foreign shareholders, it is impossible for the Municipal State-owned Assets Supervision and Administration Commission to allow Xinpu Steel to directly transfer its rights and interests to Pujiang Coking. Even if it were to However, we must also give an explanation to other shareholders and provide corresponding compensation. "But if Puhua Group can get the support of the Municipal State-owned Assets Supervision and Administration Commission and let the Municipal State-owned Assets Supervision and Administration Commission allocate part of the investment originally allocated to Pudong Iron and Steel Co., Ltd. to Pujiang Coking, the operation will not be very complicated. In Bao Feiyang¡¯s view, no matter which way Puhua Group and Pujiang Coking come in, as long as they participate in the construction of the Xinpu Steel Coking Project, there is no possibility of getting away midway and starting a new business. Zhao Changbo also knew Bao Feiyang¡¯s intention. He did not directly agree, but only said that he would consider it. However, he was indeed a little moved by the plan proposed by Bao Feiyang. Xinpu Steel is going to start a coking project, and Tianjiang Park is going to develop coal-based chemicals. The relevant plans have been reviewed and confirmed, and it can be said that they are already finalized. Now that Xinpu Steel's coking project has identified a partner, there will be no problems with the coal-based chemical project led by Fangxia Group. After all, Fangxia Group's partner is the world's largest coal chemical group, South Africa's SASOL. Fangxia Group has two Hong Kong-listed companies with strong financial strength. They have enough strength to ensure the success of the coal-based chemical project in Tianjiang Park. Construction investment. In contrast, Puhua Group has many more difficulties in developing coal-based chemicals in Jianghang Chemical Industry Zone. The scale and technology of Pujiang Coking's completed coal-to-methanol project and planned olefins project were originally considered leading in the country. If it can be successfully completed, it will become the largest and most technologically advanced coal-based chemical industry base in China. However, the coal-based chemical project to be built by Fangxia Group in Tianjiang Park lags far behind Pujiang Coking¡¯s project in terms of scale and technology. In addition to the 250,000-ton coal-to-methanol project that has been completed, there are also other projects under planning. The olefins project has already lagged behind even before construction started. Although the olefins market is huge, even Fangxia Coal Chemical Co., Ltd. cannot afford it. Moreover, Pujiang Coking Group is also behind Pujiang Coking. Their olefins can be directly transported to Jingshan Chemical Industry Zone. For subsequent processing, you don¡¯t have to worry about not being able to sell it. ¡°But Zhao Changbo also knows that advanced technology and equipment represent better product quality and lower production costs, and will lead in all aspects such as environmental protection costs and safety guarantees. Zhao Changbo also does not want Pujiang Coking's newly built equipment to be backward. Pujiang Coking could not obtain more advanced technology before, but at least it was a leader in the country. Now it is being suppressed by companies in the city. There has been controversy within the company, and it is considering whether to start an olefins project. Now that we have the opportunity to participate in Pudong Iron and Steel Coking Project and Fang Xia¡¯s coalification project, it is indeed a good choice for Pujiang Coking. Although with such participation, Pujiang Coking may not be able to take control of the project, but this cannot be said to be a bad choice. In fact, during the construction of Jingshan Chemical Industry Zone, Puhua Group adopted this approach in some projects. In cooperation with BASF and Bayer, Puhua Group has very little equity in the project, but at least it has introduced advanced chemical projects from Bayer and BASF. Even though Bayer and BASF have relatively strict control over technology, by borrowing chickens to lay eggs , we can still accumulate more talents, technology, and management, not to mention that according to the cooperation agreement, Bayer and BASF will conduct some technical exchanges and technology transfers with Puhua Group. Once it gets rid of the current development dilemma, Puhua Group is expected to master more advanced chemical technology. In contrast, with Xinpu Steel andIn the cooperation with Xiaxia Coal Chemical, Puhua Group and Pujiang Coking can strive for more rights and interests, and may not be able to take the lead in some projects. After Zhao Changbo thought about it, he was more inclined to cooperate with Xinpu Steel and Fangxia Coal Chemical. As rumored, Zhao Changbo had basically decided to leave Puhua Group and work for the Municipal Foreign Economic and Trade Commission, so he considered the problem His perspective will not be limited to Puhua Group. Of course, he will still consider the interests of Puhua Group. After returning to the group, Zhao Changbo called Bai Zhengyi, the general manager of Pujiang Coking, and told him the situation: "Yesterday I met the District Chief Bao of Huixun District during a meeting in the city. Chief Bao talked about the relationship between Pujiang Coking and Regarding the cooperation between Xinpu Steel and Fangxia Coal Chemicals, it is said that Tianjiang Park has also contacted you?" Bai Zhengyi nodded and said: "Chen Qizhong from Tianjiang Park contacted me and said that we can participate in the Xinpu Steel Coking Project and Fangxia coal chemical project, but I did not agree. After all, our base in Jianghang has already formed a production scale of 250,000 tons of methanol. If we invest in the construction of olefins projects, we can deepen the industrial chain of the park" Zhao Changbo shook his head and said: "The first phase of Fangxia Coal Chemical's coal chemical project is five million tons, and it uses the most advanced technology of South Africa's SASOL. Pujiang Coking continues to build an olefin project in Jianghang. It is difficult to compete with Fangxia Coal Chemical in terms of scale and technology. Competition." Bai Zhengyi looked at Zhao Changbo cautiously: "Mr. Zhao, you mean that we should cooperate with Xinpu Steel and Fangxia Coal Chemical? It's just that I'm worried that our coking plant will get too little rights from this kind of cooperation! " Zhao Changbo nodded. How much rights and interests can be obtained in cooperation depends on the investment and strength of each party. The current situation of Puhua Group and Pujiang Coking makes it really difficult to come up with much real money. But apart from funds, Pujiang Coking has not much to offer. After all, Pujiang Coking's equipment is old and its technology is backward, so it plays little role in new projects. As for the thousands of employees of Pujiang Coking, those skilled and experienced workers are indeed a valuable asset, but this may only win Pujiang Coking the opportunity to participate in cooperation. It is difficult to calculate the specific rights and interests. Even if there is no cooperation, it will not be possible. Xia Coal Chemical can also attract old employees of Pujiang Coking Plant to change jobs through better remuneration. The salary level at Pujiang Coking is very low, and there is no competitiveness at all in terms of remuneration. Zhao Changbo said: "You should study this matter first and see what conditions we need to participate in the Xinpujiang coking project and Fangxia coalification project. If it is feasible, we can win the support of the city under the specific conditions!" Zhao Changbo Said: "The location disadvantage of Jianghang Chemical Industry Zone is obvious. Although relocation will not be considered in recent years, Pujiang Coking still needs to adhere to the strategy of going global. Xinpu Steel may not be an opportunity." Zhao Changbo was not in a hurry to make a decision. , but let Pujiang Coking conduct research and analysis first. In addition to Pujiang Coking, Puhua Group also has different opinions. Some people think that Bao Feiyang is interested in Pujiang Coking¡¯s experience, technology and market resources in the coking industry and coal chemical industry, but does not want to pay the corresponding price. If he wants to For Pujiang Coking to cooperate with Fangxia Coal Chemical, Pujiang Coking must take the lead, otherwise such cooperation will not be feasible. Some people believe that the olefins project of Pujiang Coking should be placed in the Jingshan Chemical Industry Zone. Of course, some people think that the Jianghang plant has not yet been abandoned. Putting the olefins project in Jianghang can maximize the benefits of the methanol project of Pujiang Coking. , those who hold these views are opposed to Pujiang Coking's cooperation with Xinpu Steel and Fangxia Coaling. Of course, some people think that cooperation with Xinpu Steel and Fangxia Coal Chemical is feasible. After all, the investors of these two projects have great backgrounds, and the project advantages are obvious, and the prospects are very promising. If you can participate in project investment at a relatively small cost at this time, you will definitely be able to obtain considerable benefits in the future. In addition, through this kind of cooperation, Pujiang Coking can also obtain more advanced coking processes and technologies, as well as advanced processes and technologies in coal chemical industry. Even if it cannot take the lead in the cooperation, Pujiang Coking can implement the strategy of going global. It will also be of great benefit. Faced with some controversies in Puhua Group, Zhao Changbo still did not rush to make a decision and asked the group's strategy department to conduct research first. However, his actions did not stop, but he took the opportunity to find Guo Fengyu, director of the Municipal State-owned Assets Supervision and Administration Commission, and mentioned the matter. "Pujiang Coking's participation in the construction of Tianjiang Iron and Steel Industrial Park will be beneficial to the park, New Pudong Iron and Steel, and Pujiang Coking" Zhao Changbo said: "It's just that Pujiang Coking Group is now building Jingshan Chemical Industry Park, and Pujiang Coking's operating conditions It¡¯s not very good and I don¡¯t have the strength to invest!¡±