Although there are conditions to privatize Meigang, Chen Huai has no intention of limiting Meigang's future development space because it is beneficial to him personally.

The reforms carried out in China are mainly concentrated in the economic system and have just entered the critical stage. All kinds of breakthroughs in conservative policies require a process.

At least in 1995, upholding the dominant position of public ownership economy has been repeatedly emphasized from zhongyiāng to local areas; the development of the non-public economy is still in the exploration stage, and all aspects are still very cautious.

Even in places where investment promotion is booming, the development of the non-public economy is subject to various restrictions in terms of economic policies.

This kind of restriction is all-round. Even if Song Hongjun wants to develop in the country, he will be suppressed under the policy ceiling.

Foreign-invested industrial projects worth hundreds or tens of millions of dollars have limited approval rights in the province. No matter how large the scale is, they must basically pass the approval of the State Council and the State Planning Commission.

Many projects are often suddenly cut off due to concerns that "is related to national security".

Changqing Group and Haifeng Industrial jointly wanted to enter the domestic securities market this time. Even if they have the Song family, the investment amount is strictly restricted. The amount of securities approved for entry into the market is only 20 million US dollars, and the other excess funds can only be invested in local real estate industries.

The national level should consider the overall tolerance of the domestic securities market. It is impossible to tolerate foreign investors to enter the market with billions of dollars at once, causing the developed securities market to storm.

In many industries such as heavy industry, real estate, etc., there is not much opening to foreign investment, private investment, and many other industries.

For industries such as oil extraction, refining, and railways, which are of the lifeline of domestic economy, foreign capital and private capital may not be allowed to enter for a long time in the future.

Although Meigang has undergone a shareholding reform and is a mixed-ownership enterprise in terms of political attributes, the collective shares held by Meixi Town Government and the state-owned shares held by Dongdian Huaineng (both of which are publicly owned) still occupy the dominant position. Pengyue, Zhongxin, Zhujiang Construction and the private equity held by the management (which are non-public) are in a subordinate position, so they can enjoy the treatment of public enterprises in project approval, loans, market operations, etc.

Some places have stricter restrictions on the proportion of public shares of mixed-based enterprises, and even require the proportion of public equity to exceed 66.6% (absolutely the majority) in order to enjoy the treatment of public enterprises. It is not just a simple controlling stake in public equity.

Once Chen Huai chooses to privatize Meigang at this time, so that the non-public equity ratio exceeds 50%, it will cause a fundamental change in the nature of Meigang's enterprise. At that time, Tan Qiping directly suppresses Meigang's development in the local area, and he has no place to make sense.

This has nothing to do with factional struggles, but is mainly determined by the current large political climate.

It can be said that once Chen Huai privatizes Meigang, before the new economic policy is broken, he will be seriously restricted if he wants to further develop Meigang, which is not what he hopes to see.

Chen Huai told Sun Yalin about his thoughts and listened to Song Hongjun.

"A steel company with an annual production capacity of 800,000 tons of steel, and an industrial chain group with an annual output value of related enterprises that may exceed 4 billion yuan, can't you satisfy you?" Song Hongjun curled his lips, in a puzzled tone that it was difficult to communicate with Chen Huai, and said, "How big is your ambition?"

"Fuji Iron Manufacturing wants to accelerate its overseas industrial layout through domestic industrial integration in Japan, and achieve the goal of an annual production capacity of 20 million tons within five years," Chen Huai smiled. "If we say that we will develop to this level within three to five years, it would be a brag; if our 20-year development plan does not dare to surpass Fuji Iron Manufacturing as our goal, it would be really not ambition."

Song Hongjun smacked his lips, wondering how to evaluate Chen Huai's "ambitious ambitions":

Yanjing Steel has an annual output of 6 million tons of steel and is already a deputy ministerial-level state-owned enterprise; the chairman of Yangang Group has a higher political status than ordinary vice-provincial and ministerial-level officials, and is an alternate member of zhongyāng.

As long as Chen Huai keeps the nature of Meigang's public equity as the main body, as long as Chen Huai does not give up his party status, as long as Meigang's production capacity, output value, and profit scale can continue to break through, Meigang can also be upgraded.

Chen Huai saw Song Hongjun smacking his lips and said with a smile: "Why, don't you dare to have such ambition?"

"You are so optimistic about the development prospects of the domestic steel industry. Is there any basis?" Song Hongjun asked.

"Europe, America, Japan, South Korea and other countries have almost completed industrialization, so the total demand for steel in the process of industrialization can be estimated," said Chen Huai. "As long as China's industrialization process is not interrupted, by the time of industrialization, a total of 20 billion tons of steel will be consumed. If we want to complete the industrialization process in the next fifty years, then by the peak of domestic industrialization development, the domestic steel industry's production capacity must reach at least 400 million tons. How much is the difference between the current domestic steel industry and this goal?"

"This professional is different from ours, and the depth of looking at the problem is different..." Song Hongjun turned around and said angrily to Sun Yalin.

At that time, the overall goal of the domestic steel industry was to exceed 100 million tons of annual output. Few people said that they directly set the target on the annual output of 400 million tons.

"You are unprofessional," Sun Yalin said disdainfully, "You can still hide your little thoughts from others. After all, don't you have no confidence in China's rise?"

Song Hongjun asked Sun Yalin to hit the point and laughed.

In fact, the long-term goals of the entire domestic economic development are not difficult to determine. The country proposed the policy of adhering to the primary stage of socialism for 100 years from the highest level as early as the beginning of reform and opening up. This is an estimate from the main goal of completing industrial modernization, and it is not a data that the leaders of zhongyāng touched their heads and slapped their heads.

The current differences are one that some people have confidence in achieving this goal, while others have no confidence. Another has different opinions on the route to achieving this goal: some people think that shock therapy is needed, while others insist on gradual reform.

Chen Huai first communicated with Song Hongjun and Sun Yalin. In the evening, he made an appointment with Zhou Zhibai, Yang Haipeng, Zhu Li, Chu Yiliang and others to Meigang to inform them of the matter, as well as the other senior officials at Meigang and the core cadres of Meixi Town.

**************** The problems of financing difficulties are not only Chen Huai, Sun Yalin is anxious, Zhou Zhibai, Yang Haipeng, Zhu Li, Chu Yiliang, Zhao Dong, Wang Kangsheng and other senior executives of Meigang, as well as He Qingshe, Li Feng, Yuan Hongjun, Guo Quan, Huang Xinliang and others, all of them are unable to sleep or eat because of this.

However, the funds required for the construction of the Meigang new factory are huge. Pengyue, Zhujiang Construction, Ziluo Home Textiles, Penghai Trade and other companies are still in the early stages of development, and the funds that can draw blood to supply the construction of the Meigang new factory are limited.

Pengyue is the strongest, with a total assets of nearly 200 million yuan, but assets and funds are completely different concepts.

Pengyue provided guarantees for the 40 million yuan construction fund of Zhuxi Avenue. He no longer had the energy to continue to obtain loans from the bank. He could only inject the newly generated profits into the construction of the Meigang new factory, which was only at most two or three million per month. Compared with the massive amount of funds required for the construction of the new factory project, this is undoubtedly a drop in the bucket.

Of course, everyone was not pessimistic and disappointed, and even made mental preparations to delay the construction cycle for one year or even longer. A steel plant with an annual production capacity of 600,000 tons is the goal of Chen Huai's construction cycle. In fact, two to three years are not too late.

However, the construction cycle of the new factory will be extended. In addition to the huge increase in financial costs and weakening profitability, there may be additional market risks. The most important thing is that the Meigang Group will be at an absolute disadvantage in the battle between Donghua and Tan Group.

To ensure that the energy source continuously draws new funds to ensure the smooth progress of the construction of the new factory, it will be difficult to bear additional risks and blows.

Chen Huai had chosen to give in before, but in fact he had to avoid more severe conflicts with Tan Qiping and avoid the additional blow to the construction of Meigang's new factory.

When doing a career, you need to be passionate, but more importantly, resilience.

Whether Zhao Dong, Yang Haipeng, Qian Wenhui, or Wang Kangsheng, they are all people who have suffered setbacks, with enthusiasm for career and resilience to persist.

But more or less, everyone's morale has also been hit.

This time, Tan Qiping directly held a preparatory seminar for Meixi New District in the name of the Municipal Party Committee, and even made a lot of momentum, which made everyone even more depressed.

Meixi Town has risen in the past two years, and it was originally done by Chen Huai and they led them together.

The foundation of Meixi New District is Meixi Town. Tan Qiping kicked them out of the preparations for Meixi New District. In addition to the construction, he also created momentum for himself. How did Zhou Zhibai and others see it?

The so-called end of the mountains and rivers, and the so-called darkness of the willows and flowers are nothing wrong with this.

When Chen Huai heard that Mei Gang would get a bond investment of 30 million US dollars, Zhou Zhibai, Yang Haipeng, Zhu Li, Chu Yiliang, Zhao Dong and others first reacted that he thought Chen Huai was making jokes about everyone, and was unbelievable, and then he was excited and shouted.

Chen Huai explained the source of the bond investment funds and said: "I plan to split this bond investment funds into two parts, part of which will be undertaken by Zhongxin and Zhujiang Investment, and then inject the Meigang new factory project through equity investment, and part of which will be directly injected into the Meigang new factory project in the form of corporate bonds to ensure that the debt ratio of the entire project is 50%. This will also facilitate the entire Meigang system to adjust equity after the new factory is completed. When the merger is merged, our voice can be increased. Another thing I want to say is that I will formally resign from the city tomorrow as the party secretary of the town party committee and the party working committee secretary of the park to ensure that within half a year to one year this year, I can mainly invest my energy in the construction of the new factory."

"Why do you have to retreat at this time?" Yang Haipeng was extremely puzzled. The biggest level of Meigang's construction in the new factory had been overcome. In all aspects, many people were staring at Meigang. While staring at Donghua, Tan Qiping's means of choking Meigang is already very limited. It should be that he was afraid of Chen Huai and Meigang. He asked, "Isn't the position of Secretary of the Party Working Committee of Meixi New District the only one who belongs to you?"

Chen Huai smiled and said, "If I were to be the secretary of the Party Working Committee of the New District, do you think Tan Qiping would not be able to drag the new district down? In the past, Meixi Town was inconspicuous and had no threats: the restructuring of Meigang was not subject to no resistance; Hetang was merged into Meixi, and there was no resistance; there was no resistance to apply for Jianjiang Port Terminal; there was no resistance to apply for Jianzhuxi Avenue from the bank; there was no resistance to apply for new factory projects. Among so many things above, if Tan Qiping had a direct stand up and set up obstacles, how likely would we be Performance breaks through obstacles? Whether the preparation time of the new district is long or short, this can be controlled. Even if Tan Qiping cannot directly intercept us, he will build another new district in Xipi District or Beicheng District, and even directly require local financial resources to be tilted towards the development zone. What can we do? You must know that if the new district wants to develop, roads and other infrastructure construction must be first, but domestic infrastructure investment has not yet been opened to foreign investment. If Donghua wants to open this opening first, it must get Tan Qiping's approval. Do we have the ability to drive Tan Qiping out of Donghua now?"

When I feel that Tan Qiping is already an obstacle, I should pull him down or drive him out, but I have to admit that this goal is still difficult to achieve in a short period of time.

However, even though he had already gained a certain advantage, Chen Huai continued to choose to give in, and everyone was a little depressed.

They still understand Chen Huai's thoughts: Chen Huai wants to exchange his personal concessions for the faster rise of Meixi New District. Even if the political achievements of the rise of the new district are likely to be saved by Tan Qiping, it will likely greatly stabilize Tan Qiping's position in Donghua, and Chen Huai has no choice but to cherish it.

On the way to Mei Gang back to the hotel, Song Hongjun had to sigh: "To be honest, I don't have the temperament of yours. If I were me, I would not care whether the local development would be delayed. It is most important to kill the enemy first."

"Chen Huai wants to be sensible to you. When Meigang is about to stop, he should torment Meigang himself," Sun Yalin stood in the back of the car, disdainful to Song Hongjun's remarks, and said, "Chen Huai really wants to be sensible to you. Meigang's production capacity can exceed 200,000 tons, and then continue to break through to 800,000 tons? If Meigang is owned by Song's family, Aunt Song would dare to use Dongdian's resources to help build a power plant in Meixi, and wouldn't he be bitten to his political enemies to death?"
Chapter completed!