When Song Hongjun came to Donghua this time, he mainly talked about investment.

Although investment promotion is mainly done by the government, Hongji Investment, as a private equity investment fund, has a key investment area in Xinpu, in Huaihai Bay. The better the industrial soft and hard environment construction in Xinpu, the faster the development speed. Hongji Investment is in Hong Kong and Southeast Asia, the more attractive it will be to diversified capital.

During this period, Song Hongjun's main energy was to cooperate with Xiapu to attract investment in the investment of Chinese businessmen in Hong Kong and Southeast Asia.

Before this year, the total amount of foreign investment introduced by the Southeast Asian region has reached a considerable investment scale, but these investments are mainly concentrated in the southeast coastal areas, mainly in the light industry sectors of outward-oriented and labor-intensive.

Since the main trade of material processing, sample processing, piece assembly and compensation, the model has long been the mainstream of domestic investment promotion work. In the past twenty years, there have been more than 20,000 factories and enterprises moving from Hong Kong to Guangzhou and Shenzhen alone, involving more than 400 billion Hong Kong dollars in investment, but almost all are concentrated in labor-intensive industries and rarely enter the fields of infrastructure, metallurgy, heavy chemicals, large-scale machinery and equipment manufacturing and other industries.

The two projects of Xinpu Steel and Xinpu Refining and Chemical, which Hongji Investment previously participated, belong to the fields of large-scale heavy industry and heavy chemical industry, and are inland, and are not the Southeast coastal areas familiar to Southeast Asian Chinese Commodity Exchange. Therefore, Hongji Investment has no large market for raising industrial capital among Hong Kong and Southeast Asian Chinese Commodity Exchange, and its influence is very limited.

In comparison, Zhongxin used the influence of the Sun family to raise industrial capital mainly in Western Europe, and the development situation was much better than Hongji. The scale of industrial funds has exceeded one billion US dollars. Even in the overseas investment market, it has entered the ranks of medium-equity investment funds.

Behind the Chinese businessmen in Western Europe that Berkeley, BNP Paribas, the Sun family and the Wu family can influence are also optimistic about the development of CITIC Investment.

Even Changqing Group is more focused on direct investment in electronics, hotels, shopping malls and other industries, while cross-industry investment in the Asia-Pacific region is more inclined to be implemented through industrial investment funds such as CITIC.

After the outbreak of the Asia-Pacific financial crisis, the Southeast Asian investment market was wailing, but for Hongji Investment, it won great development opportunities.

In addition to the severe blow to the extrovert and labor-intensive light industry, the Asia-Pacific financial crisis has also caused more people to see the fatalities of the scattered and narrow market in Southeast Asia.

Even though most Chinese businessmen have not yet recovered from the blow of this round of economic crisis, thinking about waiting for the worst opportunity in suffering, there are also many people with keen eyes who see the superiority of the market formed by the mainland's 1.3 billion population, and the foundation laid by the construction of the industrial system since the liberation of the mainland and the reform, opening up and development in the past twenty years for the further economic takeoff.

Investors who move slightly faster have already started to move.

As of this year, Xiapu County has negotiated to introduce direct investment projects from Southeast Asia, with a total investment of up to 56, with a total investment of US$120 million. In addition to large-scale industrial projects directly invested and built by overseas investors such as West Ouminth Industrial Group in Xinpu, Xiapu County has introduced overseas investment directly this year, which can still exceed an astonishing US$400 million.

Hongji Investment's development was relatively slow before, but the newly raised capital in the first half of this year exceeded US$200 million, with a total scale of US$500 million.

In addition to raising more industrial capital and expanding the scale for Hongji Investment, Song Hongjun's main task is to invest the raised capital into specific projects.

The Asia-Pacific financial crisis has lasted for more than a year, and the crisis still has the possibility of further deepening. Hong Kong and Southeast Asia are really wailing. The most severe impact is also caused by sea and shipping.

At present, Song Hongjun has contacted a container shipping listed company with a capacity of 40,000 TEU in Hong Kong. The company's market value was as high as 10 billion yuan more than a year ago, but it had fallen by three quarters at this time. Due to the serious inversion of shipping prices and insufficient business, the operation of shipping companies is also difficult.

The controlling shareholder behind this listed shipping company suffered heavy losses in this financial storm and needed a large amount of funds to fill the gap in other businesses.

Simply selling shipping company stocks in the open market will only introduce a further plunge in the stock price; and the current economic situation may further deteriorate, and no bank is willing to accept stock pledge loans.

Song Hongjun recently frequently interviewed with the major shareholders behind the shipping company, planning to place the container shipping business under Xinpu International Shipping Group, which is not very climatic, as well as a container terminal berth just built at the end of April of Xinpu Port, plus Hongji and Zhongxin's 400 million Hong Kong dollars in cash, and put it into this Hong Kong-funded listed company in exchange for 40% of the new stocks.

Although the first phase of Xinpu Port container terminal has been built and has been put into operation for more than three months, the throughput has reached 3,000 to 4,000 TEUs and is expected to reach 20,000 TEUs next year. Not to mention internationally, it is difficult to win any ranking in domestic container import ports in a short period of time.

However, the growth of domestic import and export trade this year has also stagnated seriously. The shipping share of the old export ports has long been delineated. The container shipping business in Xinpu Port has a limited growth rate within two or three years. However, for a medium-sized container shipping group, it is enough to get this new business.

In the future, Xinpu Port will not surpass Xucheng Port and become the main export port of Huaihai Bay and Huaihai Province. In the future, it will have huge growth potential to guide logistics in Central Plains provinces and cities such as Henan, Anhui, Shaanxi and Hubei through railways and expressways.

Therefore, the Meigang Group organized the construction of this container terminal berth. Although it only used 600 million yuan in total construction funds, the space for future growth and the construction and operation rights of the second phase container berth are enough to replace 30% of the shipping company's shares with a market value of HK$1.2 billion.

However, for the controlling shareholders and other shareholders behind this shipping company, they need to inject new businesses, assets and possible growth space in the future to stimulate the recovery of stock prices. This will facilitate them to sell stocks at a higher price to cash out or pledge their stocks to banks to get life-saving funds.

The equity of listed companies in Hong Kong is relatively scattered. If the cooperation is finally negotiated, they have 40% of the equity of listed shipping companies, which is equivalent to having controlling stakes; the controlling shareholder behind this shipping company currently holds only 25% of the shares.

In this way, the Meigang Group can have a second listed company in Hong Kong.

The container transportation business of Xinpu International Shipping Group, the construction of the second phase berth of Xinpu Port container terminal, and the transfer and warehousing and other infrastructure construction with highway and railway container logistics connections can be specifically responsible for this listed company; at the same time, the construction of container terminals can also be started at Jihe Port.

After the Hong Kong securities market recovers, the Meigang Group can also publicly raise development funds in Hong Kong through listed companies.

For Zhongxin and Hongji, as an equity investment fund, if you want to maintain operations, increase your value, you have to pay dividends to investors, and even face investors' redemption and exit, investment requires an exit mechanism; if you place all the equity assets you have invested in before and are securitized, you will get the opportunity to reduce your holdings and cash out from the open market.

Now Zhou Zhibai is responsible for shipping and port construction. Zhou Zhibai also stayed with Song Tong in Xucheng and had to wait until he took his aunt to the train at night before he would return. Chen Huai and Song Hongjun returned to Xiapu first.

The negotiators of the shipping company would delay the two days and then officially come to Xiapu. Song Hongjun did not expect that HuaiDiandong Transportation would be held in Provincial Party Committee Secretary Zhong Limin, so he could resolve it so quickly that he only needed to stay in Yanjing for two days.

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Whenever Song Hongjun arrived in Xiapu, he would admire Meipu Avenue, which was straight and open and was covered with green shade on both sides.

Although Hong Kong is an international metropolis, it has a large population and narrow place. Even high-level highways will not have such open green belts on both sides; Meipu Avenue, with a speed limit of 80 yards, is simply a paradise for those who drive, and the dense green landscape forests on both sides are even more pleasing to the eye.

"As long as Hong Kong investors take a bus through Meipu Avenue, they will have some confidence in Xinpu's future development. They all praise their ability to build," Song Hongjun said with emotion. "When the Jinghai Highway is expanded, it is also a fast road built according to this standard?"

"As long as it is a main road in Xiapu County, the standards will only be higher and not lower," said Chen Huai. "This year, Xinpu Development Group's debt will accumulate to 4 billion yuan. If investment promotion cannot keep up, the debt will be tight again..."

"Guangdong Guotou has created a hole of tens of billions. I heard that Wang Yuan almost wanted to transfer Tian Jiageng to Guangnan to take charge, but the local resistance was too great. In the end, he only transferred an executive vice-province to catch the debt problem," Song Hongjun said, "I said you should actually thank Hu Lin..."

"Why should I thank him?" Chen Huai asked.

"If he hadn't exposed the debt problem here in advance, once it was delayed until the end of last year, and with the debt problem of Guangdong Investment, the superiors would definitely not care whether you were wronged or not. They would first block your neck and make you move," said Song Hongjun.

"This is true," Chen Huai laughed and said, "It was revealed half a year in advance, so that the province can seriously examine Xiapu's debt problem, and Xinpu Steel is put into production as scheduled. This year, Xinpu Steel and the upstream and downstream industries that have been driven can add nearly 2 billion yuan of fiscal and taxes to Xiapu. Then Xinpu will bear 20 to 30 billion yuan of debt, which will not be a problem. If Hu Lin can survive for half a year, it will be a bit difficult to deal with when the Asia-Pacific financial crisis breaks out and Xinpu Steel has not yet started production..."

"No? I'm going to meet him next time. I'll talk to him, and see what he will think," Song Hongjun said with a smile. "But the best time is wrong. Even if Xinpu Development Group's debt will increase further, Hu Lin will not find any opportunity in this regard."

"The nine sets of Xinpu Refining and Chemical Equipment will be conducted in a linkage test run next. It is more optimistic and will be officially put into production before the end of the year," said Chen Huai. "Xinpu Refining and Chemical Industry is about to enter the linkage test run stage. Several companies entering the petrochemical industrial park will accelerate the construction progress immediately; and the negotiations of several chemical manufacturers who are interested in investing will become much more active. By next year, I am confident that Xinpu Refining and Chemical will generally drive a fiscal and tax growth of 2 billion yuan. At that time, coupled with the completion of the second phase of Hengyang Ship, the industrial economic framework of Xiapu County will be considered to be the next foundation."

"This is what lays the foundation?" Song Hongjun said suddenly, "In the year after tomorrow, Xiapu County's total fiscal and tax revenue will be conservatively estimated to exceed 10 billion yuan. In your eyes, this is what lays the foundation?"

"The World Bank defines the dividing line between countries and regions with upper or lower middle income, which is that the per capita GDP must reach US$3,000. By this standard, Xiapu's population of 900,000, how much does the local GDP have to reach to be considered a middle-income region? Donghua's population of 7 million, how much does the local GDP have to reach? Huaihai Province's population of 70 million, how much does the local GDP have to reach?"

After hearing Chen Huai ask three questions in a row, Song Hongjun also thought about it secretly:
Chapter completed!