"It's a bit interesting. I didn't expect you to come to Yanjing to work and exercise. So you are attracted to?" Qian Xuan seemed very happy while stirring the coffee spoon.

She has been in Yanjing for more than a year and has made many friends, but she doesn’t have many real friends. Being able to have a friend like Sha Zhengyang in Yanjing who can open up and talk can undoubtedly make her feel much better after work.

"What's the matter? Why are you talking so unpleasant?" Sha Zhengyang glanced at the other party, "The training on duty is actually recommended by the provincial government, arranged by the ministries and commissions, and a routine arrangement."

"I'm afraid it's not that simple, right?" Qian Xuan didn't know anything about the system. After all, her father was also within the system. Of course, there were some differences between universities and local governments, but they were similar to each other. He also knew a little bit, "The Central Large Enterprise Working Committee is not a simple new institution. This is targeted. The tide of state-owned enterprise reform is rolling. How to change those central enterprises and where the future path will go, we must make careful arrangements. Otherwise, this may be criticized, and the central government must consider it carefully."

"Oh, don't treat me with admiration for three days, Qian Xuan, I didn't expect you to have such profound research on state-owned enterprises. When did JP Morgan be interested in state-owned enterprise reform again?" Sha Zhengyang asked in surprise.

"JP Morgan is interested in any business with interest. The reform of state-owned enterprises is imperative. So many companies that are in desperate situations are most important to go bankrupt and mortgage them to banks. How to deal with these assets? JP Morgan is very interested and willing to cooperate with governments at all levels in this regard. Well, he is also willing to cooperate with banks to help deal with the idle assets mortgaged to banks...." Qian Xuan smiled sweetly.

Sha Zhengyang took a breath. JP Morgan's information is so well-informed and his sense of smell is so developed?

He actually set his sights on a series of affiliated products that may be brought about after the reform of state-owned enterprises. Well, he remembered that the establishment of the four major asset companies would probably take time. Now at most it is just a rough framework. Are these guys so eager to act as vultures?

There are many foreign giants who have targeted the four major asset companies in their previous lives. They are very interested in these assets that are actually quite valuable.

These assets are useless for the four major asset companies that lack the ability to revitalize, and are increasingly depreciating when they fall into their hands. Popsicle theory means this type of assets to a certain extent, so in the end, the four major assets can only be processed. The foreign giants who have been deeply engaged in China for many years have used this packaged acquisition to win a lot of good things.

Unexpectedly, JP Morgan started to make arrangements in advance, but thinking about it is the same. American-funded companies like JP Morgan support so many so-called elites and do not attack from all sides, how can they support those people?

"Why, I'm a little surprised? I think you should have it. You have been working in a state-owned enterprise for a year now. Well, and you seem to be the chairman of Changchuan Industrial. I believe that there must be many companies under Changchuan Industrial that are not good at managing bankruptly or closed down. The assets of these companies must also be disposed of, or they already belong to banks. So what are the banks doing? The difference is that there is only a disposal. It may be a good thing for us to be a vulture that helps clean up." Qian Xuan seemed very rational and indifferent.

Sha Zhengyang smiled. This seemed to be quite impressive, but it was all for the sake of profit. It was indeed impossible for anyone to come to be a philanthropist.

"You foreign comprador, are you here to cheat domestic companies?" Sha Zhengyang teased.

"It would be better to make clear that Chinese people are not allowed to work in foreign-funded enterprises, so there is no such thing as a foreign comprador." Qian Xuan asked back: "Then you have been acquiring a lot in Kazakhstan, and the head of the Kazakhstan enterprise that you cooperate with has become a comprador? Is this narrow nationalism?"

"Qian Xuan, you are so sharp-tongued." Sha Zhengyang shook his head, "Then let's talk about the serious business. The situation at the Olsk Refinery has progressed. I received news before I came that the shareholders of the Olsk Refinery are interested in selling the Olsk Refinery. I think it is not the best time yet, but we can get in touch with negotiations first."

In fact, Sha Zhengyang felt that now is the best time to acquire related assets in Russia, but the premise is to lend rubles from mortgages with US dollar assets to acquire assets including the Orsk refinery.

Sha Zhengyang was deeply impressed by the situation in the last stage of the Asian financial crisis. Not only is Hong Kong going to launch a war of exchange rate defense, Russia will also be attacked by international speculators. After August, the Asian financial crisis will sweep into Russia. The Russian bear will not follow the established steps and conscientiously expand the exchange rate fluctuation and depreciate the ruble. By then, the loan will easily shrink by more than two-thirds, which means that 100 million US dollars may only require repaying 30 million US dollars.

In fact, Sha Zhengyang wanted to take advantage of this opportunity to acquire more Russian oil and gas resources, while oil and gas companies such as Bashkir Petroleum and Surgut Oil and Natural Gas Company are not particularly large but have rich resources.

However, he also considered his current status and the difficult situation in Russia in the future. After Emperor Pukin came to power, the oil and gas resource policy would definitely change suddenly. Oligarchs like Khodorkovsky were unable to get it well. The British BP was being crushed inside, so he was also very hesitant.

In this case, the safest move is to take over the not-so-sensitive asset of the Orsk Refinery. After all, it belongs to a refining and chemical company and then use it to exchange oil and gas resources in Kazakhstan, such as the Uzin oil field, and the exploration and exploitation rights along the Caspian Sea coast.

For Kazakhstan, although they have abundant oil and gas resources and more resources to be exploited, they have always been a shortcoming in refining and chemical capacity. As foreign oil and gas giants, no one is willing to help them establish refining and chemical companies. They hope that Kazakhstan exports crude oil, and it is best that Kazakhstan's refined oil can be imported from abroad, which is the most in line with their interests.

Of course this is just an ideal idea. Kazakhstan also has several refineries itself, but it seems insufficient in the face of the growing demand for refined oil.

When Changhe Group acquired Akjiubin Oil Company, it had agreed with Kazakhstan that it would help Kazakhstan improve its refining and chemical capabilities. Of course, in return, Kazakhstan would support Changhe Group to obtain more oil and gas resource business promotion in Kazakhstan, that is, support Changhe Group to explore and exploit in Kazakhstan, or directly acquire more oil and gas assets.

"Oh, do you think you can start now? What are the considerations?" Qian Xuan became interested as soon as she heard this.

She had no psychological burden for the acquisition in Central Asia, and the success of Changhe Group in the Akjiubin Oil Company project also received a good evaluation for her at JP Morgan. Although Qian Xuan was not allowed to participate in the later period due to some other factors, if Changhe Group still wanted to continue to promote related businesses in Kazakhstan and Russia, Qian Xuan felt that she could intervene this time.

She has proved her ability to JP Morgan with her performance and has also won benefits for the company.

"The reason is very simple. I think the Russian economy has reached its worst situation. The government has transferred and monetized some assets that they think are not particularly important, and it is particularly willing to attract foreign capital to invest in their own country. It turns out that they are still a little reluctant, but now they may have no choice. Have you not noticed that BP is working on Tyumen Oil Company? This is the oil and gas asset that the Russians have always regarded as the core, but now we can also talk about it. What is that Orsk refinery?"

Sha Zhengyang did not mention the issue of the Asian financial crisis sweeping into Russia, and it is not the time yet.

Qian Xuan thought for a while and felt that Sha Zhengyang had a relatively sufficient reason, but she always felt that Sha Zhengyang was still hiding something and didn't say it, "This is it? Is there any more?"

"And you also know that we have an agreement with Kazakhstan. Since we want to deepen our development in Kazakhstan, we must fulfill our agreement. We have even sent an agricultural team to Akzu Pennsylvania to help them develop vegetable production. This is also a friendly move for us. In the next step, some of our construction companies will also enter Akzu Pennsylvania to help them build municipal infrastructure, which is also a win-win move."

"Okay, I know your Changhe Group has long-term plans, but it is probably not that easy to win the Orsk refinery. Russians are not as easy as Kazakhstan, and they do not abide by international business rules so much. Breaking contracts and cheating is not something they can't do. The Russian environment has always been like this,..."

Qian Xuan's words did not surprise Sha Zhengyang, "Isn't this the time for you JP Morgan to show your connections in Russia? Do you think the commission is so easy to earn? Why do we lend you money?"

"That's right, I will go back to report this matter to the superiors. When do you plan to start?" Qian Xuan asked.

"The faster the better. I'm worried that if there is a change of mind, it will be troublesome. As you said, Russia itself does not talk much about business rules." Sha Zhengyang said.

"Then you should also prepare as soon as possible. It's April now. When do you plan to take it?" Qian Xuan always felt that Sha Zhengyang had some other ideas.

"If we can win the best before August," Sha Zhengyang also felt that time was tight, but he has only been freed up now. However, in the early stage, he had preliminary negotiations with Kazakhstan on this issue. They promised that if Changhe Group can help them improve their refining and chemical capabilities, they would be willing to provide maximum support in oil and gas resources.
Chapter completed!