Although Zhao Changbo really wanted to talk to Bao Feiyang about Tucker Petroleum and Taihu Chemical's investment in Jingshan Chemical Industry Zone, he did not forget the purpose of coming here today. The conversation he just had with Bao Feiyang also strengthened his determination, that is, Puhua Group and Pujiang Coking should get closer to Bao Feiyang, because the resources Bao Feiyang has at his disposal are so good, including Tucker Petroleum, Fang Feiyang, etc. Xia Group is all about money and technology. The key is that Bao Feiyang has a relatively large influence on these companies. It is still 1999, and the in-depth reform of state-owned enterprises has not yet been completed. The overall performance of state-owned enterprises is not good, and central enterprises do not have the influence they later had. The main reason is that they still have no money. The resources of central enterprises are also mainly concentrated in a few mega cities. They have no time to take care of themselves, let alone large-scale foreign investment. So now high-quality resources like Tucker Oil and Fangxia Group are very important to every official. Bao Feiyang has such resources, which makes Zhao Changbo very optimistic about the development prospects of Tianjiang Park, and he can also use this to build a good relationship with Bao Feiyang. He can even build relationships with Tucker Petroleum and Taihu Chemical through this project. , in short, there are many benefits. "District Chief Bao, our Puhua Group and Pujiang Coking are very optimistic about the development group of Tianjiang Park and are very willing to participate in the construction of Tianjiang Park." Zhao Changbo said: "Yesterday I went to the Municipal State-owned Assets Supervision and Administration Commission and saw Mayor Zhou, Mayor Zhou and the State-owned Assets Supervision and Administration Commission all support our choice. However, the city's finances are relatively tight and cannot provide us with financial support. The city's State-owned Assets Supervision and Administration Commission has agreed to transfer some of the project rights it holds, but The share is limited. I heard that District Chief Bao is an expert in financing. I came here today to ask for advice from District Chief Bao to see if there are any suitable low-cost financing channels. Pujiang Coking wants to obtain part of the funds through financing to participate in the Pudong Iron and Steel Coking Project. And Fangxia Coal Chemical Project" Bao Feiyang glanced at Zhao Changbo. He did not expect that Zhao Changbo would have such an idea. Although Bao Feiyang had gained a lot through the Mexican financial crisis and the Southeast Asian financial crisis in 1997, Then they used these gains to invest heavily in industry and technology. In addition, through cooperation with Chinese consortiums such as the Tang family, the resources they could control expanded dramatically. However, because the layout was too broad, a lot of funds were consumed. After all, cash is the most inefficient. Only continuous investment can win the future. Of course, Bao Feiyang still has a lot of funds on hand. With such a big deal, problems can easily arise without sufficient liquidity. If he really needed it, he could mobilize billions of dollars to pour it in at any time, but Bao Feiyang would not do that. The development of everything has its own rules. It does not mean that if you just invest billions of dollars in Tianjiang Park, Tianjiang Park will become a world-class steel industry base. It is not enough to just have money, you also need people to do things. And it is done by people with skills and experience. Bao Feiyang is rich, but he does not have the energy to take care of such a large number of industries, so he will not spend money on the construction of the park. The construction of Tianjiang Park is basically operated in accordance with market rules, through investment promotion and project cooperation. , allowing the most suitable companies to come in and do what they do best. What Bao Feiyang can do is to let Fangxia companies enter several core projects, such as Fangxia coal chemical, port construction, etc., and also use the relationship of Fangxia to introduce some joint venture projects, as well as use Fangxia new materials In the name of China, an incubation fund has been established to focus on incubating some small businesses and start-ups. These are market means. To put it simply, it means doing some key things, mainly taking advantage of the situation to form an ecological and unique attraction. In fact, even if Bao Feiyang wants to invest heavily in Tianjiang Park, he must consider the impact. It cannot be that a large number of companies in the park belong to Fang Xia. Although the relationship between Fang Xia companies is not public, it is important to the national level. He said that some of them are not secrets. When Bao Feiyang is about to marry Meng Shuang, we still need to pay attention to these influences. " Zhao Changbo's intention was very clear to Bao Feiyang. In fact, he wanted to use the financing money to invest in Xinpu Steel's coking project and Fangxia's coalification project, and then repay the money through the project proceeds. However, in terms of financial operations, "empty-handed" is not a derogatory term, and Pujiang Coking can actually obtain the rights and interests of Pudong Coking and Fangxia Coaling. This part of the rights is enough to repay the funds they raised. This is actually A very conventional financial solution. In fact, it means using future equity as collateral to obtain financing. However, the current economic and financial situation is not good, money is tightening, and bank quotas are tight, so Zhao Changbo can only find other financing channels. If Zhao Changbo is willing to spend some time, he can also obtain international financing in this way. Whether it is investment banks or private equity, they are willing to provide financing support for such high-quality resources. High-quality projects are often scarce, especially in the current economic environment.  "It's just that the construction progress of Tianjiang Park is relatively fast. Pujiang Coking wants to participate now, which leaves them little time. If they need to use international financing, the cycle will be longer and the cost will be higher." Bao Feiyang pondered for a moment and said: "Fang Xia New Materials plans to set up a new materials investment fund in the park. If the amount is not large, Pujiang Coking can obtain an investment of less than 500 million through this fund, but Pujiang Coking needs to use Pujiang Coking in the project future rights and interests as a guarantee" "There is no problem with this" Zhao Changbo said quickly: "Mayor Zhou also mentioned this fund yesterday. I am also worried that the fund is only for small businesses and start-ups, and that our project does not meet the requirements. The requirements of the fund" Bao Feiyang smiled: "Originally, it is indeed not in compliance, but Mr. Zhao, your words also reminded me that the fund can actually expand the scope of support. In addition to start-ups, some large projects can also participate appropriately. However, if the fund operation method is to be changed, the city may need support, and Mr. Zhao will also need help in this regard" The state has relatively strict control over the financial industry, and the business activities of the Fangxia New Materials Industry Support Fund are also The financial industry must be included in financial industry management, and the operating methods and scope must be restricted. If the original review was for investments in small and micro enterprises and start-ups, then the fund's provision of financing support to Pujiang Coking is likely to be a violation. Although this violation is not serious, it will be troublesome once it is targeted, Bao Feiyang Naturally, we don't want such hidden dangers to exist. Zhao Changbo nodded quickly and said: "This is no problem at all" Zhao Changbo also breathed a sigh of relief. In his opinion, this is not a problem at all. The city is very supportive of Pujiang Coking's participation in the construction of Tianjiang Park, and Tianjiang The good interaction between Jiangyuan Park and Jingshan Chemical Industry Park is also what the city wants to see. Pujiang Coking¡¯s participation in the construction of Tianjiang Park can not only enhance the construction strength of Tianjiang Park, but also meet the city¡¯s expectations for Tianjiang Park. It is also an integration of the coal-based chemical industry in Pujiang City and an important step for Pujiang Coal Chemical Industry to move out of Jianghang Chemical Industry Zone. This step is likely to have a very important impact on the future development of Jianghang Chemical Industry Zone. The city's attitude toward Jianghang Chemical Industry Zone is complicated. From a practical and long-term perspective, the overall relocation of Jianghang Chemical Industry Zone is of course more in line with Pujiang City's urban development. However, the scale of Jianghang Chemical Industry Zone is too large and the relocation cost is too high. , so the city chose to build a new chemical industry zone while maintaining the survival and development of enterprises in Jianghang Chemical Industry Zone. However, all the new large projects were moved to the new Jingshan Chemical Industry Zone, and Jianghang Chemical Industry Zone was developing while repairing. Don't move until conditions are ripe. This thinking in the city has also caused the Jianghang Chemical Industry Zone to be tinkering all the time. There are no big projects but small projects. Even Pujiang Coking has launched a 60,000-ton olefin project, and a coal-based chemical industry integration has been built in Jianghang. It has been difficult to relocate As for now, although Pujiang Coking has built a 250,000-ton coal-to-methanol project, the olefins project is still under planning. There is actually a voice in the city that opposes the fact that Pujiang Coking has started construction in Jingshan Chemical Industry Zone. Next, new olefin projects will be built, but the coke business and gas business of Pujiang Coking need to be eliminated. A large number of coal-based chemical equipment cannot be discarded directly, and a large number of employees cannot be laid off, and the relocation of Jianghang Chemical Industry Zone will not happen overnight. thing, so in the end the project was approved. Now Pujiang Coking has the opportunity to participate in the Xinpu Steel Coking Project and the Fangxia Coalification Project. In this way, at least the employees of Pujiang Coking can be diverted to new projects, and the benefits Pujiang Coking obtains from the new projects can also make up for their relationship with Jianghang Chemical Industry Zone. loss of downtime equipment. In this way, Pujiang Coking's plan to build a new olefins project in Jianghang Chemical Industry Zone can be postponed or even canceled directly. Pujiang Coking can go out with all its strength. Once Pujiang Coking¡¯s strategy of going global is successful, the importance of their production base in Jianghang Chemical Industry Zone will decrease, and it will be easier to relocate in the future. With Pujiang Coking as a demonstration, the work of enterprises in Jianghang Chemical Industry Zone will be easier in the future. Pujiang Coking's method is actually similar to that of Jingshan Chemical Industry Park. It also gradually reduces its dependence on the original business by participating in the construction of new projects, and then completely withdraws at the right time. At that time, Jianghang Chemical Industry Park will be able to go smoothly Withdrew from the stage of history. However, unlike the large investment in Jingshan Chemical Industry Zone, Pujiang Coking found the opportunity of Xinpu Steel and Fangxia Coal Chemical Industry outside the chemical industry zone. This also gave the enterprises in Jianghang Chemical Industry Zone a revelation, that is, they should use more Go out with an open attitude and find your own opportunities!