I agree with Director Su’s request to merge Quanshui First Construction and several other companies into Huayu Investment.

But that’s it!

Although we are all for the party, country and people!

But there is also a difference between near and far.

Quanshui First Construction is a state-owned asset of our Quanshui City!

It seems a little unreasonable to hand it over to the Department of Water Resources like this!

Otherwise, we ask the comrades from the State-owned Assets Supervision and Administration Commission to calculate the assets!

We merged into Huayu Investment in the form of a shareholding!"

The mayor is the mayor, he has a high standard and his brain is quick.

In one sentence, the nature of the enterprise changed from compensatory annexation to state-owned assets as shares.

"Mayor Zhou, I have no objection to buying shares as you mentioned!

I'm just afraid you'll be disappointed!

As far as I know, once the spring was built, it was heavily in debt, plus the compensation for this quality accident!

Several companies can declare bankruptcy directly!" Director Su said with a smile.

"How could it be? Director Su, are you bullying me for not knowing economics?"

"How dare you! Who dares to say that Mayor Zhou doesn't understand economics? That's a big joke!"

"I remember how many pieces of land Quanshui Yijian owned, right?

The location is pretty good and should be worth a lot of money!

This is also their asset!

Using these land shares as shares should account for 20 to 30% of Huayu Investment's shares, right?

We are not greedy either, just give us 20% of the shares!" Mayor Zhou decided with a smile.

Yu Qingyang smacked his tongue, this is not greedy. Does your boss know the market value of Huayu Investment?

The land you mentioned is industrial land and not valuable.

Besides, if it weren't for the fact that those industrial lands were in really good locations, only a fool would take on the burden of building a spring.

However, he has no place to speak now.

Although Yu Qingyang and Vice Mayor Xu can be tough, when facing Mayor Zhou, they can only be honest.

Mayor Zhou's level is too high, he is a deputy ministerial level leader, while Yu Qingyang is just a junior deputy division level cadre of the company.

Interjecting hastily means not understanding the rules, which is a taboo in official circles.

"Xiao Yu, please report to Mayor Zhou on the work of Huayu Investment.

Mayor Zhou, this is Comrade Yu Qingyang, Party Secretary and General Manager of Huayu Investment Company, a subsidiary of our Water Resources Department!

Ask him to report to you on the work of Huayu Investment!"

"Haha, Director Su, you are doing something wrong!

Your Water Resources Department is led by the Provincial Party Committee and Provincial Government, and I am not qualified to report to Comrade Xiao Yu.

But!

Quan Shui Yi Jian is considered the daughter of our Quan Shui, and now she wants to marry the son of your Water Resources Department.

As a parent, I really should know about the man’s situation!” Mayor Zhou said with a gentle smile.

In a few words, the unjust report turned into that the woman understood the man.

Mother-in-law loves son-in-law.

It makes sense no matter where you put it.

"Mayor Zhou, our Huayu Investment is a joint venture controlled by state-owned assets established in July last year.

Among them, the Water Resources Department holds 51% of the shares and has a controlling position.

HSBC Hong Kong holds 10% of the shares and does not participate in the operation.

My mother holds 39% of the company's shares and serves as the company's chairman, but does not participate in the management.

After three-party negotiation and agreement in the contract, I will exercise the management rights on behalf of the Water Resources Department!"

"Oh? I didn't expect that Huayu Investment is actually a joint venture. What's even more surprising is the identity of Comrade Xiao Yu.

Your Water Resources Department is very courageous!" Mayor Zhou looked at Yu Qingyang in surprise and said.

"Haha, Mayor Zhou won the award!

Xiaoyu, please report to Mayor Zhou!" Director Su smiled modestly.

Agreeing to the joint venture of the company and handing over the management rights to Yu Qingyang is what Director Su is most proud of.

"Huayu Investment initially established the Water Conservancy Department by investing in state-owned assets such as the Provincial Water Conservancy Machinery Factory, East Warehouse, South Warehouse, and the bankrupt pipe factory, accounting for 51% of the shares.

My father already owned 49% of the shares in a mechanical service company and a water conservancy machinery factory with debts.

Because of my father's health, the shares are held by my mother.

Later, HSBC purchased 10% of the shares in my mother's name for 200 million yuan." Yu Qingyang calmly recounted the causes and consequences of Huayu's investment.

"I've heard about this. HSBC acquired shares of inland companies. It seemed to be quite a sensation last year, and several media reported it!" Mayor Zhou interjected again.

When HSBC signed the investment agreement last year, Secretary Zhu was still Mayor Zhu, and Mayor Zhou was still Secretary Zhou of the following prefecture-level city.

"Now that you say that, I'm right!

Huayu Investment has a market value of 2 billion. It seems that I have made an empiricist mistake of taking it for granted!" Mayor Zhou said with a self-deprecating smile.

He now understood why Director Su suddenly pushed this young and excessive general manager to report to him.

"Mayor Zhou, the market value is 2 billion, which was estimated by HSBC last year.

This year, HSBC wanted to increase its shareholding. The day before yesterday, the general manager of the investment banking department of HSBC came to Quanshui to negotiate with me.

The new market value given is 50 billion, and I want to increase my stake in the company by 10%.

I rejected you!" Yu Qingyang whispered.

"Hmm? The market value is 50 billion?" Mayor Zhou's voice suddenly rose an octave higher.

He looked at Yu Qingyang in surprise, "Did you just say that you rejected HSBC's request to increase its holdings?"

"Yes! My estimate of the company's market value is 200 billion!

And this is only the quotation for the first half of this year!

If HSBC delays until the second half of the year, its market value will be US$50 billion by then!" Yu Qingyang's voice was not loud, but it was like a thunder exploding in Mayor Zhou's ears.
Chapter completed!