MMB Chapter 283 Assistance
Chapter 283 Assistance
I have been hesitant about how to deal with the Gongshan gold mine.
Xu Jingyan's handling of the situation was like a glimmer of light for me.
If gold can truly outperform the market,
So what if we hoard them? We buy them, don't harvest them, and then resell them in three or five years.
provincial capital.
I admit that when I told Lu Yunfan, the Party Secretary and Chairman of the Seventh Coal Group, that I had negotiated extra-long payment terms for coal with other companies, it was just bragging. However, as long as I implement this, it will not be bragging.
My original plan was to find a connection with the Provincial State-owned Assets Supervision and Administration Commission through Chen Ke, the director of the Provincial Development and Reform Commission.
However, Uncle Wen Yining's transfer saved me a lot of time and effort.
Provincial State-owned Assets Supervision and Administration Commission.
Office of the Party Secretary and Director.
A week after arriving in the provincial capital, Wen Yining finally led me here to meet her uncle, Wen Quansheng, who was the Party Secretary and Director of the State-owned Assets Supervision and Administration Commission of Nan Province, a powerful official at the provincial level.
"Director Wen."
"Tianyi, sit down."
Wen Quansheng is as gentle and refined as his name suggests, a style that seems to be common among the Wen family.
"Jingcheng, your brilliant move has surprised many people by admitting your mistake without being asked."
"Hehe, just a clever little trick, nothing more than trying to smooth things over."
"Wisdom is wisdom, you don't need to be modest. We're all on the same side, so I'll be frank. The old man and that person have reached a consensus, and for this last time, I've been transferred here to fully cooperate with your work. So, this is not the time for you to be modest."
"Brother Tian, I have already made my stance clear to Uncle. Although the Wen family is weak, even a starved camel is bigger than a horse. My sister Lingling and I are as close as gold. So, I came to Nan Province this time to lend you a helping hand."
I straightened my expression; it seemed that resources were starting to be allocated to me.
"Uncle Wen, since that's the case, I won't hold back anymore. Time is limited. Lingling will graduate and start working next year, so we need to lay a solid foundation within a year."
Wen Quansheng looked serious. The Wen family's situation was already beyond repair.
However, the Wen family must make their stance on Professor Cheng clear; otherwise, once Old Master Wen retires from the CPPCC, they will completely lose power and face only purging. Right now, the only option left is to rely on the support of the government.
"Tell me what to do, and I'll do it your way."
Today's young people have more ideas, dare to think and dare to act, and are much better than the generation I was born in.
"Southern Province is my base, so I want to completely bring Southern Province under my control, starting with electricity, then water conservancy, and I want to do everything related to people's livelihood."
"Public infrastructure projects are the bulk of government subsidies, and they've always been a money-losing business. Do you have any specific plans?"
"Playing politics is all about money. If you can't afford to make money, can't you afford to lose it?"
Those at the bottom of society know best how to win people's hearts.
The first step was to acquire a thermal power plant.
Why choose a thermal power plant?
Because very few state-owned thermal power plants in Beijing are profitable; their accounts are usually negative. Every power plant with a State-owned Assets Supervision and Administration Commission background is heavily indebted, and Liancheng Thermal Power Plant is a prime example.
"Acquiring state-owned assets is very troublesome. It requires auditing, and most importantly, it cannot give anyone a handle to use against us, and it cannot cause the loss of state-owned assets."
Wen Quansheng understood this in his heart, but he still had reservations; the law was a red line.
"I don't acquire state-owned assets. I only want the private shares of thermal power plants with the State-owned Assets Supervision and Administration Commission (SASAC) background. As long as it has the SASAC background, I want as much of the private equity as possible. As for the controlling stake, everything is negotiable. The government decides how much it wants to take."
Wen Quansheng glared at him: "Tianyi, you'd better think this through. This acquisition method is fast, but taking over means losses. Even if the government subsidies are given to you, at most you can maintain normal operations and break even. Your initial investment will become a pure loss."
"Do as I say, Uncle Wen. Also, Lu Yunfan of the Seventh Coal Group is also a department-level official. What's your relationship with him?"
Wen Quansheng sneered: "We're both at the department level, but he works for a state-owned enterprise, while I'm just the head of administration. If he wants to see me, he'll have to wait outside my office."
"Alright, I'm relieved to hear that. Before I went to Jingcheng, I bragged to him that I had negotiated with most of the coal groups, and that I would buy their coal at the original price, but with an extra-long payment period."
"Sure thing, I'll make your boast come true."
I laughed and said, "That's exactly what I meant."
"There are 42 thermal power plants in Beijing owned by the State-owned Assets Supervision and Administration Commission (SASAC), including 10 large thermal power plants and 30 small thermal power plants. Two of them are wholly owned by the SASAC, and the rest are controlled by the SASAC and operated by the market. The SASAC holds about 15% to 50% of the shares."
There are indeed many.
I frowned. "How much money would we need to prepare if we acquired all the shares in the private company?"
Wen Yining then spoke up: "It depends on the situation. During my week in Nan Province, I specifically retrieved data on thermal power plants with State-owned Assets Supervision and Administration Commission backgrounds. Of the 42 plants, only 4 were profitable, and the remaining 38 were supported by national subsidies. After all, they are enterprises that affect people's livelihoods, so we can't have too high expectations."
"We can't rely solely on data. Profitability is a given, but we need to see whose money we're making. If we're not making money from ordinary people, we need to make money from government subsidies. Private enterprises are not doing business for charity. Ningning, you need to come up with an acquisition plan that uses the least amount of money and the fastest speed, eliminating financial risks."
Wen Quansheng couldn't hold back any longer: "Tianyi, shouldn't financial risk be the top priority? There are too many uncontrollable risks associated with this kind of operation, such as funding sustainability, operating costs, losses, and even other compliance procedures. The future is unknown. If we do this rashly and cross the line, we'll end up with nothing."
I nodded: "I understand. I'll take care of the funding issue. As for the red lines, as long as it's for people's livelihood and benefits the people, there won't be any compliance issues."
When it's your own people doing things, the efficiency is really high.
Wen Quansheng was sent by Jingcheng to assist me, and he met all my requirements.
It's more direct and convenient than me contacting Chen Ke or Zhou Fan.
It saved me 9% of my effort.
This was also within Professor Cheng's calculations, and it complements the early graduation of students, accelerating the development of the core group.
Leaving the State-owned Assets Supervision and Administration Commission.
Wen Yining sat in my Maybach.
"I didn't realize Mr. Shen had so much influence in the provincial capital!"
"You underestimate me. The enterprises in the provincial capital are not even a fraction as good as those in Liancheng. When you get to Liancheng, you'll be in for a surprise."
"real?"
Wen Yining gave me a mischievous grin.
I was disgruntled, and decided to avoid going to Liancheng if possible. There were too many women, and even though they were all openly dating, they would still chatter and cause a headache when they were together.
"I'll take you somewhere."
NM Blind Box Company.
An imposing factory area.
An imposing office building.
I proudly held Wen Yining's hand. This girl had staked everything on my wife and given herself to me. Now that we were at headquarters, I had to show her my strength and give her some confidence.