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Chapter 355 Financing Negotiation, CITIC's Purpose (Seeking Monthly Pass)(1/2)

District Chief Wang moved Yu Qingyang to the reception area.

He also called Secretary Li over to make tea for Yu Qingyang.

After Secretary Li went out, District Chief Wang said: "Xiao Yu, the district committee held a standing committee meeting yesterday!

Because CITIC Bank submitted a loan proposal, it was decided at the meeting to convene several investment companies to conduct competitive negotiations on the tourism road project!

Let us put everything under the sun and discuss investment plans for tourism roads in an open, fair and just manner, so as to ensure not only the national interests, but also the interests of your investment companies."

"District Chief, if this is the case, we, Huayu Investment, will withdraw!"

"Quit...quit?" District Chief Wang was stunned.

He thought that Yu Qingyang would have various reactions, either angry, disappointed, or begging, but he just didn't expect that Yu Qingyang would quit so simply.

"Xiao Yu, don't get emotional, we can discuss anything together!

You are an enterprise under the department, but you are also an enterprise under the jurisdiction of our district!

Even if we can’t cooperate this time, there will still be many opportunities for us to cooperate in the future!”

"District Chief, I'm not in a mood. I'm very calm now. We really quit!"

"Why?"

“Because the conditions we gave are already our minimum requirements!

Since the district has decided to hold competitive negotiations, it must be because the conditions offered by CITIC Investment Bank are more favorable.

The district mayor convened this competitive negotiation because of his previous commitment to me.

In fact, including the district mayor and district leaders, they have all chosen CITIC Investment Bank’s plan.

In this case, why waste everyone's time?

Wouldn’t it be better for us to simply withdraw and let the district directly choose a more suitable plan?” Yu Qingyang explained with a smile.

"Xiao Yu, are you really not in a mood?"

"District Chief, I really am not in a mood!

Our company undertook the general contracting task of three roads and one river in Jeju.

The total investment exceeds 2 billion.

In addition to the home furnishing industrial park, the electric vehicle industrial park, and the Jeju Huayu Century City project.

The total investment scale will exceed 10 billion.

Therefore, it is really not that important to our company whether we invest in the tourist road project or not." Yu Qingyang knew why District Chief Wang had to explain to him alone and was concerned about whether he was in a mood, so he simply made it clear.

Tell District Mayor Wang straightforwardly, whether I accept the tourist road project or not, the electric vehicle industrial park will invest in it, so you don’t have to worry.

"Xiao Yu, look at this..." Yu Qingyang made the topic so straightforward that District Chief Wang felt a little embarrassed.

I had previously thought about how to persuade Yu Qingyang not to affect the industrial park project because of the tourist road project.

He was even planning to find Xue Qin for a job.

As a result, I found that everything I prepared was useless.

“Actually, Dongcheng District’s urban development is not just about one tourist road.

There are also many other roads and municipal project constructions.

As the district chief said just now, we have other opportunities for cooperation!" Yu Qingyang smiled and smoothed things over for District Chief Wang.

"Yes, yes! Xiao Yu is right, there will be many opportunities for us to cooperate in the future!

As an enterprise in our jurisdiction, under the same conditions, we should strongly support your company!" District Chief Wang nodded with a smile.

He was very satisfied with Yu Qingyang's attitude, he knew the rules and knew how to advance and retreat.

The support that District Chief Wang said was also sincere.

He had already decided in his heart that when the leaders of the Water Conservancy Bureau, Transportation Bureau, Public Utilities Bureau, Construction Committee and other units approached him to report on their work, he would definitely give a few words to take proper care of Huayu Company.

"District Chief, I still have something to report to the district government!" Yu Qingyang sat up straight and said solemnly.

"Oh? What's going on? Looking at you so seriously, it seems like there's a big problem?"

"Yes, our company has been conducting seminars on refined management of construction sites recently.

During the rectification process at the construction site, serious quality problems were discovered."

"Serious quality problem? Man-made accident?"

"Yes! Almost all construction companies have varying degrees of cramping behavior.

It seriously affects the quality of the building after it is completed and greatly reduces the earthquake resistance level of the building itself!"

"Then what are you going to do?"

"In line with the principle that quality is life, we have ordered all construction companies to stop construction and demolish all completed construction parts!

And hold the construction companies responsible for the relevant responsibilities!" Yu Qingyang replied righteously.

Of course, when reporting to District Chief Wang, the focus is naturally on quality. For the sake of quality, we will not hesitate to lose hundreds of millions.

After Yu Qingyang finished his report, he said goodbye and left District Chief Wang's office.

"Xiao Li, you call Manager Bao from CITIC Investment Bank and we will discuss the loan for the tourist road project in the small conference room of the district government in an hour." After sending Yu Qingyang away, District Chief Wang arranged for his secretary.

"Okay, boss! I'll make a call right now!" Secretary Li agreed and went back to his small office to call Manager Bao of CITIC Investment Bank.

An hour later, District Mayor Wang came to the small conference room with several deputy district mayors from the district government.

Manager Bao from CITIC Investment Bank has arrived.

"Hello, Manager Bao! Thank you very much for your support to our district government!"

"Hello District Chief Wang, Dongcheng District is developing better and better under your leadership!

We, CITIC Investment Bank, are very willing to carry out more extensive cooperation with Dongcheng District." Manager Bao stood up and held District Mayor Wang's hand with both hands and said politely.

After some polite greetings, both parties took their seats.

“Manager Bao, let’s get straight to the point!

Regarding the financing plan submitted by your bank, we have discussed it at the Standing Committee and have always agreed with your bank’s financing plan.

Can we start the signing process now?" District Chief Wang sat down and went straight to the topic.

"Of course, you can sign the contract at any time!" Manager Bao smiled and nodded.

"This is Mr. Li from CITIC Real Estate!

Mr. Li is also very optimistic about the future development of Dongcheng District...

Want to invest in Dongcheng District!”

“CITIC Real Estate?

Haha, welcome! Welcome! Welcome Mr. Li to invest in Dongcheng District!

Our Dongcheng District warmly welcomes all investors!" District Chief Wang was taken aback for a moment, but then laughed and said.

But I began to wonder in my heart why CITIC Investment Bank brought CITIC Real Estate to the meeting.

CITIC Investment Bank and CITIC Real Estate are both first-level holding subsidiaries of CITIC Group.

Two different subsidiaries came to the meeting together, obviously with other purposes.

As for the claim that CITIC Real Estate is investing in Dongcheng District, District Mayor Wang only half-believed it.

As a subsidiary of a state-owned enterprise, CITIC Real Estate will be very welcome if it shows its willingness to invest in Dongcheng District even without a recommendation from CITIC Investment Bank.

So if you come with CITIC Investment Bank, you must want some preferential conditions that are not available in normal investment negotiations.

For a moment, District Chief Wang had a lot on his mind.

"District Chief Wang, our company is very optimistic about the development of Dongcheng District. We want to invest in land in Dongcheng District to build a high-end community of ten thousand people and a pedestrian street."

"Haha, Mr. Li, on behalf of the Dongcheng District Government, I would like to extend a warm welcome to CITIC Real Estate and Mr. Li!

I don’t know, where does Mr. Li want to invest in building a community of 10,000 people and a pedestrian street?” District Chief Wang welcomed with a smile.

“We have learned that it is better to be near Huayu Century City invested and built by Huayu Real Estate!

Putting the real estate projects of our two companies together, they can promote each other!" Mr. Li also did some work in advance.

Building a community of 10,000 people near Huayu Century City can indeed promote mutual promotion as Mr. Li said.

The CBD of 5,000 acres is still a bit small, and with the addition of CITIC Real Estate’s community of tens of thousands of people and pedestrian streets, it can greatly increase the popularity of Huayu Century City and Huayu Plaza.

Huayu Plaza can, in turn, increase the value of CITIC Real Estate’s community of ten thousand people.

This is a win-win situation for Huayu Real Estate and CITIC Real Estate.

"Yes, there are just a few plots of land near Huayu Century City that are ready to be listed in the near future!" District Chief Wang also knew that what Mr. Li said was the truth.

Huayu Century City, together with CITIC Real Estate's community of ten thousand people and pedestrian street, is a complete CBD.

"There's just one problem. The land prices near Huayu Century City are a bit too high..."
To be continued...
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