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Chapter 104 Huaihai State-owned Assets

Establishing a provincial state-owned assets management company and adding the management and operation of its provincial state-owned operating assets will officially enter programmatic management. The construction and investment of major projects related to this will be carried out under the framework of the provincial state-owned assets company, which will actually seriously weaken the power of the provincial state-owned assets supervision leading group directly led by Xu Pei.

However, only by establishing a provincial state-owned assets management company and having a total investment of up to 40 to 50 billion yuan can the construction of the university science and technology park in the near future.

As the governor, Xu Pei must better dominate the economic construction and development of the province and Xucheng City. He does not want to be forced by Cui Weiping and others like Zhao Qiuhua when he stepped forward. He must be fully prepared to successfully replace Zhong Limin as the provincial party secretary in two or three years, establish authority, and win the credit that the central team believes that he can make a difference in Huaihai, and naturally he needs a more proactive attitude.

In the next few days, Xu Pei took time to directly contact Jiang Yibin, Li Gu, Chen Huai, Guo Chengze and others during the intensive "Hong Kong Huaihai Week" event scheduled, and discussed the feasibility and related plans for establishing a provincial state-owned assets management company.

Xu Pei is still proficient in practice, while Jiang Yibin, Li Gu, Guo Chengze and others have also explored the restructuring and restructuring of local state-owned enterprises for many years. They have actually figured out all kinds of plans. It is limited to the immaturity of conditions, resistance from all aspects and their own concerns, and no more radical changes have been made.

Change means that it will touch the interests of some people and the collective. Not everyone has the courage to change. However, since Prime Minister Wang Yuan, the Department of Science and Technology can rise rapidly within more than ten years and gain the general support of the older generation of meritorious and veteran figures. In fact, it is also hoped for many hopes and expectations for change.

Even the Hu faction, which has always been conservative and solidified, has to be advanced through economic means. If the Jingjing faction is afraid of the resistance to change and is afraid of the head and tail, it will naturally be more difficult to obtain widespread support.

In fact, after Chen Huai mentioned the relevant plan to Li Gu on the eve of his trip to Hong Kong, Xu Pei thought about it over and over again and confirmed that this was the biggest opportunity for him to firmly seize the initiative in Huaihai.

As long as Xu Pei can make up his mind, the framework plan for establishing a provincial state-owned assets management company will be easily determined; let alone Chen Huai, Li Gu, Jiang Yibin, Guo Chengze and others, they are all skilled in practice.

Of course, no matter what factors are due to, Xu Pei and the Jijing Group will not tolerate the huge number of people who may take over hundreds of billions of state-owned assets in the future being under the control of Chen Huai, and will not tolerate such a huge amount of industrial capital being completely penetrated by the Meigang Group.

Chen Huai has strong personal abilities and reputation, and has also received invisible support from the provincial party secretary Zhong Limin. At the same time, the resources of the Meigang Group are deeply rooted in Huaihai Province. In addition, the Jijing Group's extensive influence in Jijing and the state-owned assets system and the direct power held by Xu Pei and others, it is not difficult for both to jointly promote this, but in the process of promoting this matter, the actual benefits cannot be fully obtained by the Meigang Group.

Xu Pei’s idea was also the feasible plan discussed at the beginning, which was to form Huaihai State-owned Assets Group on the basis of the Provincial State-owned Investment. In the future, Huaihai State-owned Assets Group will be held by Jiang Yibin as the Party Secretary and Chen Huai as the General Manager.

As the only state-owned enterprise authorized by the provincial government to have overseas financing authority, with the provincial government as credit endorsement and joint repayment responsibilities, the Provincial State Investment Corporation has raised a total of tens of billions of dollars in overseas over the years, which means it is burdened with tens of billions of dollars in debt. At the same time, the Provincial State Investment Corporation will mainly lend the funds to provincial state-owned enterprises for industrial development and maintenance of operations, which means that the Provincial State Investment Corporation also has nearly 10 billion in debt claims against provincial state-owned enterprises.

The net assets of the Provincial State Investment Corporation are not high, and the debts and debts are deducted, and the net assets are even less than one billion. However, due to the special nature and status of the Provincial State Investment Corporation, the establishment of the Huaihai State-owned Assets Group on the basis of the Provincial State Investment Corporation is more conducive to the integration of the Provincial State-owned Assets Group successively into the framework of the Huaihai State-owned Assets Group through restructuring and restructuring.

At the same time, under the framework of Huaihai State-owned Assets, a new holding company should be established and the construction of Nanwan Lake University Science and Technology Park should be jointly launched with various colleges and universities. The funds used are worth tens of billions. In addition to having financing channels in the mainland, Huaihai State-owned Assets Group is not enough, but also requires the authority to directly raise funds overseas. On the basis of the provincial state-owned investment, the Huaihai State-owned Assets Group will undoubtedly be richer and more powerful.

The Jijing Group does not want Chen Huai to cover up the sky with his hands in the newly established Huaihai State-owned Assets Group. If he wants to separate power, he also needs to come up with real things; otherwise, even if Jiang Yibin serves as the Party Secretary, it will be difficult to form an effective check and balance against Chen Huai.

Although the framework of Provincial Guotou is huge, and although it also has the only overseas financing authority granted by the provincial government and has credit endorsement from the provincial government, since the funds raised from overseas are mainly loaned to provincial enterprises, and many of the provincial enterprises have been operating in recent years, this means that the current asset structure of Provincial Guotou is far from good.

During the Asian financial crisis, Guotou Group in several southern provinces exposed serious problems. Guangnan Guotou, which was burdened with more than 30 billion yuan in debt, even went bankrupt and liquidated. Although Huaihai Guotou Group did not expose any serious problems under the constraints of Li Gu at that time, such assets and financial structure were ultimately a hidden danger.

Xu Pei also hopes to take advantage of the opportunity to establish Huaihai State-owned Assets Group to eliminate the hidden dangers of the Provincial State-owned Investment Group and further improve the regulatory mechanism.

In addition to Provincial State-owned Investment, the provincial state-owned equity equity of Huaihai Rongtou, Dongjiang Electric Power, Huaihai Electric, Dongshi Group, Xinyuanye, Dongjiang Real Estate and other enterprises will be placed under Huaihai State-owned Investment for unified management.

After the establishment of Huaihai State-owned Assets, Chen Huai served as the deputy secretary of the group's party group and general manager, and was responsible for the specific affairs of the group's operations. However, in addition to the financial audit power belonging to the Provincial Department of Finance, Jiang Yibin served as the party group secretary, and will also form a supervision and executive committee similar to the board of directors with members of the group's party group and the top leaders of important subsidiaries, to be responsible for the review of all major construction and investment projects of the group.

Due to the particularity of Huaihai State-owned Assets, the management will still be directly appointed by the province, so it is impossible to fully realize the modern enterprise system.

Speaking of the construction of Nanwan Lake University Park, it is planned to initiate the establishment of Nanwan Lake University Town Holdings Company under Huaihai State-owned Assets. The holding company will initiate the establishment of the provincial finance funding and joint investment participation of various institutions. However, in addition to the first batch of 2 billion yuan injected funds, the construction funds within the next five years will be coordinated by Huaihai State-owned Assets. After five years, the provincial and Xucheng City finances will be enriched, and then the provincial and Xucheng City financial allocations will be gradually made up for the loans and other debts owed by construction.

If the first batch of Huai Coal Group can be placed under Huaihai State-owned Assets Group, the net value of the provincial state-owned assets directly under Huaihai State-owned Assets will exceed 20 billion yuan, and the total assets of its sole proprietorship, controlling and participating subsidiaries will exceed 50 billion yuan. It can also be said that Huaihai State-owned Capital will soon build the first "heavy aircraft carrier" to break through the waves and set sail.

Although the net value of state-owned operating assets in Huaihai Province is nearly 60 billion yuan, and only one-third of the provincial state-owned assets that Huaihai State-owned Assets can gather, these one-third of the provincial state-owned assets, including Huaimei, Huaihai Rongtou, Dongjiang Electric Power, Huaihai Electric, Dongshi Group, Xinyuanye, Dongjiang Real Estate and other groups, are all the main achievements of various forces in promoting state-owned enterprise reform in recent years.

Such high-quality and huge state-owned assets are placed under Huaihai State-owned Assets, which is unprecedented in Huaihai Province. Even if it is placed in the country, it is at the forefront of state-owned assets reform. Shen Huai naturally would not expect that he can take control of the power of Huaihai State-owned Assets alone.

In addition to investment promotion activities and secretly discussing the establishment of Huaihai State-owned Assets, Chen Huai has been staying in Hong Kong for the past few days, mainly meeting with Hong Kong investment institutions and investors with Song Hongjun, hoping to promote the establishment of more industrial investment funds.

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Yu Wei is not sure what kind of undercurrent is hidden behind the public investment promotion activities, nor is it clear that Chen Huai, Xu Pei, Li Gu, Jiang Yibin, Li Gu and others have secretly planned to establish Huaihai State-owned Assets behind the scenes. She only saw Cui Weiping taking this opportunity to travel to Hong Kong to hold formal talks with Gu Zejun on the construction of the East Ring Expressway and the Nanwan Lake Expo Park project...

She believed that Chen Huai should also pay attention to the close movements between Cui Weiping and Gu Zejun in the past few days, but Chen Huai has not appeared for much time in the past few days. Even on the day of Vice Premier Zhao Jiahua attending the event, Chen Huai also left for a moment after attending. Without much chance to contact, she could not test what Chen Huai was thinking.

On the eve of the signing ceremony, Yu Wei held a banquet at her house, invited everyone in Donghua to attend, and sent someone to Chen Huai, Song Hongjun and others to ask for advice. Only then did she realize that Chen Huai had already left Hong Kong by plane that afternoon.

Nothing important happened to Xucheng. Even if something happens within the provincial state-owned assets, it should be that Jiang Yibin and Chen Huai will return to Xucheng together. Even if the event is over, Yu Wei never expected that Chen Huai would leave Hong Kong alone in advance.

Chen Huai left Hong Kong early and did not return to Xucheng. Instead, he flew to Shimen to meet Cheng Yi's father Cheng Wenguang.

Chen Huai originally planned to wait until the investment promotion ended before going to Shimen to talk to Cheng Wenguang about the subtle changes in the situation in Huaihai over the past few days. However, when Cheng Yi returned to Yanjing from Paris in the past few days, Chen Huai thought about meeting Cheng Yi with Cheng Yi for a few days and left Hong Kong early.

The subtle changes in the situation in Huaihai are very different from the past. Although the Meigang Group will still maintain limited cooperation with the Jingjing Group, it may also be involved in the whirlpool of factional struggle.

This matter involves a lot. Once the cooperation between the Meigang and the Jingjing system will arouse the vigilance of the Hu system, not only the Meigang system and even the Song system will be subject to additional pressure. Chen Huai will naturally not care whether his second uncle Song Qiaosheng will suffer additional pressure. However, Cheng Yi's father Cheng Wenguang will strive to take the position of Secretary of the Hebei Provincial Party Committee in the future, and many things require precise calculations.
Chapter completed!
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