As we entered the stone gate in late November, a snow had just fallen. Looking down from the plane's porthole, the white area made people feel the illusion of a world of purity.

Walking out of the passage, she saw Cheng Yi standing in the pick-up hall in an orange jacket waiting. Her soft and bright face, tall and straight figure, and elegant and quiet temperament attracted the frequent attention of passing passengers. But she just looked at him gently, causing a warm current to appear in Chen Huai's heart. She came over and ignored the jealous eyes of others, hugged Cheng Yi in her arms and asked, "Have you been waiting for a long time?"

"Fortunately, it's half an hour later." Cheng Yi asked softly, holding Chen Huai's arms.

Chen Huai and Cheng Yi took the suitcase, contacted the driver waiting in the parking lot, and took a bus to the provincial party committee’s family compound in the dusk; Cheng Yi’s father also rushed back from the provincial government.

At the dinner table, Chen Huai will establish Huaihai State-owned Assets and tells Cheng Yi’s father to know the details of the plan.

"This time Huaihai is still ahead. Hebei Province has not yet prepared such a heavy state-owned aircraft carrier," Cheng Wenguang sighed softly. He also knew in his heart that Huaihai Province could have the conditions to establish a state-owned asset management company first. It was also the result of Xu Pei, Li Gu and other planning and economic officials working to promote the reform of state-owned enterprises in Huaihai Province in recent years. In this process, Mei Gang also participated deeply, so the biggest resistance to taking the first step was greatly eliminated. These conditions are not what Hebei Province can do now. Even if Hebei Province forces it, it will only change the soup and not change the medicine. He also said, "Although the most conservative and effective way to respond to changes is the most conservative and effective way, it also needs to have a more positive attitude..."

Although he may be involved in a deeper vortex of factional struggle, Cheng Wenguang still does not want Chen Huai to be timid and pursue balance too much. Whether it is the present or the future, it is unlikely that he will be the dominant faction. Whether it is the central government or the local government, his positive attitude will be subject to some unforeseen resistance, but it will not be suppressed in the end.

"Governor Xu also mentioned the issue of coordinated development of the Bohai Bay this time. Since Governor Xu vigorously promoted regional cooperation in Huaihai Bay and horizontal joint development in the local area, he naturally supported the regional cooperation between the three provinces and cities of Beijing, Hebei and Jinghai," Chen Huai said. "However, it may be more appropriate to propose more specific plans and ideas on Qinghe. I also made an appointment with Ji Chengxi to meet at Shimen tomorrow."

In the Huaihai State-owned Assets Construction Plan, Chen Huai did not compete for the position of top leader with Jiang Yibin. He served as deputy secretary and general manager of the Party Group, more responsible for daily affairs. The decision-making power of major construction and investment projects and the appointment of major personnel are still attributed to the Party Group and members of the Supervision and Executive Committee led by Jiang Yibin.

In addition to making Xu Pei more determined to promote the establishment of Huaihai State-owned Assets, in addition to maintaining relatively independent in the future factional struggle and maintaining limited cooperation with the Jingjing Group, this compromise plan also hopes that Xu Pei can play some role in promoting the Bohai Bay regional cooperation between the three provinces and cities of Beijing, Hebei and Jinghai.

In addition to the central accounting and economics system, the accounting and economics department is mainly based in Jinghai.

Xu Pei was also the secretary of the Party Working Committee of the Binhai New Area in Jinghai, and was invited by Tian Jiageng to Huaihai as the secretary of the Xu City Party Committee. At this time, Gao Qiyun, the secretary of the Jinghai Municipal Party Committee, had a higher status than the top leader of ordinary provinces and cities, and was basically the core figure of the next term of the Jingjing Department to enter the central team.

Xu Pei and Gao Qiyun have a very close relationship. When Gao Qiyun presided over the work of the Jinghai Municipal Government, he served as the secretary-general of the municipal government for Gao Qiyun - promoting regional cooperation between the Bohai Bay in the three provinces and cities of Beijing, Hebei and Jinghai. Xu Pei can still exert some influence from the side.

Although promoting regional cooperation in the Bohai Bay will be a key step for Cheng Yi’s father to ascend to the throne of the Hebei Provincial Party Committee Secretary, Ji Chengxi still needs to do the core work.

The old man of the Ji family unfortunately passed away before the New Year. The Ji family has become hidden since then, but the Ji family's influence in both the political and military circles cannot be easily seen. No matter who is the upper hand of the CPC and Economics Department or the Hu family, the Ji family's influence will become the most important balance force.

With all efforts from all parties, the first phase of the Jinmei East Exit South Line Project, with a total investment of nearly 40 billion yuan, was finally completed and put into trial operation in the middle of the year.

After the first phase of the Jinmei East Coal Project was completed, Jinnan Group became a backbone central enterprise with a production capacity of 40 million tons of coal, a power generation capacity of more than 2 million kilowatts, an installed capacity of 800 kilometers of heavy-duty railways and a port throughput capacity of 30 million tons, and an overall scale exceeding three times that of Huaineng Group...

Zhou Tingwei, the Party Secretary and Chairman of Jinnan Group, once served as secretary to Mr. Ji, but after Mr. Ji passed away, Tan Jun's father Tan Shiwei also joined the board of directors of Jinnan Group as an independent director.

The 800-kilometer Shiqing heavy-duty railway across southern Hebei is also a solemn construction of the Jinnan Group. The "Shenzhen Power Enters Beijing and Hebei" ultra-high voltage transmission project that will be promoted will also be the main competitive cooperation target of Jinnan Group - the future Luancheng Port, Qinhuangdao Port and Jinghai Port in northern Hebei, and it is also the Jihe Port dominant at this time; the Jihe Port currently forms an annual throughput capacity of 40 million tons, Jinnan Group will occupy three-quarters of the Jinnan Group. In the future, the construction of coal transportation terminals will be further expanded, and the coal transportation capacity will eventually be formed.

Therefore, whether it is the influence of the Ji family or the scale and influence of the coal-fired power and transportation joint ventures formed in southern Shanxi and southern Hebei, promoting regional cooperation between the three provinces and cities of Beijing, Hebei and Jinghai in the Bohai Bay, Ji Chengxi or the Ji family are the most suitable main promoters.

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Not only Ji Chengxi, Zhou Tingwei, secretary of the Party Committee of Jinnan Group, and Ji Chengxi's uncle Tan Shiwei and others also rushed to Shimen the next day; Cheng Wenguang still invited Ji Chengxi and others to have dinner and talk at home.

Ji Chengxi, Tan Shiwei, Zhou Tingwei were all quite surprised when he knew that Huaihai was going to take the lead in establishing a state-owned assets management group. However, thinking about the establishment or revitalization of key Huaihai Province enterprises such as Huaimei Group, Huaihai Rongtou, Dongjiang Electric, and Huaihai Electric have all had direct relationships with Meigang and the Jingjing Department. In recent years, it has actually paved the way for the establishment of Huaihai State-owned Assets. The work in Hebei Province has just been carried out, so the conditions are naturally far less mature than Huaihai.

After the first phase of the Shanxi Coal East Exit South Line Project was completed, Jinnan Group was already ranked 12th among the backbone central enterprises with assets of over 10 billion yuan. However, thinking about the scale of Huaihai State-owned Assets after the establishment of Huaihai State-owned Assets, Jinnan Group, as a backbone central enterprise with strong support for development, was far inferior to that of Zhou Tingwei in front of Cheng Wenguang and Shen Huai. In front of Cheng Wenguang and Shen Huai, he couldn't help but shook his head and sighed: "Huaihai can establish a state-owned Assets Group now, which is really complicated..."

The Shanxi Coal East-delivery Project is only a simple transit from southern Hebei, which can produce very limited economic benefits to the areas along the route. At the same time, it also has competition for the coal transportation lines and coal transportation ports in northern Hebei. Therefore, the local localities in Hebei Province have been vague and do not provide practical support for the South Line Project for a long time. Whether it is the Hebei River Port or the heavy-duty railway, the Jinnan Group was invested in the early stage.

The Shanxi Coal East Exit South Line Project was launched in 1995. It was originally planned to be completed by the end of 2001. However, after Cheng Wenguang became the governor of Hebei Province, the Meigang Group and the Yexin Banking Corporation provided nearly 5 billion yuan of construction funds for the Jinnan Group through various forms, which was the key to the completion of the project one and a half years in advance.

In recent years, the Meigang Group has directly participated in the construction and industrial development of Jihe Port and Jihe New District, and has gradually invested more than 200 million US dollars in funds, which is one of the most important achievements in Qinghe City's investment promotion in recent years; and indirectly promoting Yanjing Steel to build a production base in Jihe River is more important to the development of Qinghe City.

Yangang's new 3 million tons steelmaking capacity plant in Jihe River will be put into production and operation. At the same time, it will prepare and build a larger steel industry base with a steelmaking capacity of more than 10 million tons in Jihe Port, which will directly promote the development of Qinghe's industrial development and industrial upgrading. At the same time, it will work with the development of the Shanxi Coal East Line South Line Project and other industrial clusters to directly promote Qinghe to become an important pole in the Bohai Bay area.

This played a key role in consolidating Ji Chengxi's status in Qinghe and even Hebei Province and gaining reputation.

At the same time, with the development and rise of the industrial cluster of Jihe Port, Shiqing heavy-duty railway, Jihe Port not only exports coal, will also have huge economic benefits, and will greatly reduce the future operational pressure of Jinnan Group - Qinghe City is developing rapidly, not only will there be more resources in the local area, but also more external resources to participate in the subsequent construction of the South Line Project.

From these perspectives, the Ji family promoted Cheng Wenguang to serve as governor of Hebei Province, which was a very successful move: both Cheng Wenguang and Shen Huai were excellent collaborators of the Ji Group.

Although the Meigang System has developed more rapidly in Huaihai and has a complicated feeling in people's hearts, the subsequent cooperation must be firmly continued.

The CSI Group promoted Jinnan Group to become the main body of the construction of the South Line Project, and has the right to develop a large coalfield with a geological reserve of more than 30 billion tons in southern Shanxi. However, at the beginning of the project, Jinnan Group did not have construction funds, and nearly 40 billion yuan of construction funds mainly came from bank loans.

Although Jinnan Group was bearing a huge debt of 40 billion yuan at this time, it still had to build the second phase of the project, expand the coal transportation capacity of the southern line, and invest huge amounts of money to develop coal-power intermodal transport, and promote the construction of the "Shenzhen Power Enters Hebei and Beijing" project. The desire for funds in the future is still huge.

This time, Zhou Tingwei, Tan Shiwei and Ji Chengxi came together. In addition to promoting regional cooperation between the Bohai Rim Sea in the three provinces and cities of Beijing, Hebei and Jinghai, there are more specific cooperation matters to be found in Shen Huai and Cheng Wenguang talked about.

Although Zhou Tingwei and others felt a little complicated after hearing the establishment of Huaihai State-owned Assets, it was also good news for Jinnan Group, which also means that Shen Huai will have more resources to promote cooperation between the two parties.

Faced with the capital desire of Jinnan Group, Shen Huai said: "After the establishment of Huaihai State-owned Assets, in order to optimize and improve the asset structure of the provincial state-owned assets, it will appropriately reduce industrial investment and increase infrastructure and energy investment in future returns. If Jinnan Group can take out the assets of Shiqing Railway to form a joint-stock company, Huaihai State-owned Assets can purchase 20% of the equity..."

The southern line is a systematic project. Jinnan Group has never unintentionally controlled 100% of the Shiqing Railway. However, due to the initial lack of interest in the southern line project in Hebei Province, the Shiqing Railway, which ultimately invested more than 15 billion yuan, was borne by Jinnan Group, in addition to issuing 5 billion yuan bonds.

If Jinnan Group takes out the assets of Shiqing Railway to form a joint-stock company, even if the net funds are converted to 20% of the equity of Huaihai State-owned Assets, it can recover 2 billion yuan of funds.

"As soon as Huaihai State-owned Assets were established, you transferred 2 billion yuan of funds outside the province. Aren't you afraid that someone in Huaihai Province will poke your backbone and scold you?" Ji Chengxi asked with a smile. He had been dealing with Chen Huai for a long time and knew that such a good thing had not fallen on them.

"The next step of Jinnan Group is to focus on promoting coal-fired power operations, and promote the entry of Jinnan Power into Hebei and Beijing. I believe I am also interested in power equipment manufacturing," said Chen Huai. "Jinnan Group can invest 2 billion in Huaihai Electric..."

"Look, I just said there is nothing good, right?" Ji Chengxi and Zhou Tingwei said with a smile.

Zhou Tingwei laughed silently, but when he thought about the construction of Chen Huai, the Jinnan Group seemed to have no financial gains, but this kind of striking is of great benefit to both parties.

The core of Jinnan Group's future development is still to become an energy-based super enterprise. It is inevitable to take a step from coal to electricity on a large scale. Even if you are unwilling to give up on the power equipment manufacturing, you will not be able to enter at this time. Taking out 20% of the equity of Shiqing Railway and exchanging nearly 20% of the equity of Huaihai Electric may be a more suitable move at the moment.

But Huaihai State-owned Assets have gained too many benefits from it:

The establishment of Huaihai Electric is a big move that Chen Huai has just taken to promote the reform of Huaihai state-owned assets, and it is also the most deeply penetrated by the Meigang Group's state-owned assets system in Huaihai Province. If Chen Huai directly allocated 2 billion yuan of funds within Huaihai State-owned Assets for Huaihai Electric for development, it is conceivable how much controversy it will cause.

Chen Huai used 2 billion to purchase equity in Shiqing Railway to improve the investment structure of Huaihai State-owned Assets. In the end, the 2 billion was transferred to Huaihai Electric through the hands of Jinnan Group, and Huaihai Electric could obtain 2 billion yuan in development funds. For Huaihai Province, the funds were balanced and there was no capital outflow. Even if others knew Chen Huai's main intention to promote the development of Huaihai Electric, they would remain silent because of the participation of the Ji family and Jinnan Group.

Once Jinnan Group invests in Huaihai Electric, Jinnan Group will vigorously develop coal-fired power, develop Jinxi Electric into Hebei and Beijing, and Huaihai Electric will also quickly enter the power equipment market in North China and other places.

More importantly, this equity swap will enable the Ji family, Jinnan Group and Huaihai Province to build a more direct cooperation bridge with the Meigang system. This bridge may be an urgent need for Xu Pei at this time, but think about it, this bridge is not without great benefits to the Ji family and Jinnan Group.

In the struggle between the Jingjing Group and the Hu Group, the Ji family and the Jinnan Group did not mean that they could stay out of the matter if they wanted to stay out of the matter. Otherwise, should the Bohai Bay regional cooperation be promoted?
Chapter completed!