Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 456 Night Banquet(2/2)

In charge of domestic affairs...Since things happen so coincidentally, I will find an opportunity to go to Chonghai with Cheng Xi to eat and drink in the next few days..."

Yang Jianguoqiang suppressed his emotion and said directly: "Don't worry, I will definitely arrange it. When I go back, I will see if any leader in the city can be free in the past few days. With Tianyue's level, I have to report it.

Ask the mayor and secretary if he is free."

"Don't do it. Cheng Xi and I really went to eat and drink, and quietly entered the village. We didn't want to shoot. For the formal negotiation work, Shen Ji and the others had to formally hand over the work to the park. I came back to China this time for a ferry trip.

I came here on holiday, I don’t want to work anymore.” Cao Mo begged for mercy.

He doesn't mind accompanying Cheng Xi to the cities near Xinhai, which can be regarded as a vacation and relaxing, but if he really wants to have it, countless staff will accompany him, and there will be local officials to receive him, and he won't listen to the tour.

Listening to various road shows is harder than normal work.

How could Cao Mo take on this hard job?

Let's talk about Tianyue Industrial's chemical pipeline production base. This time it was included in Xinhai City's industry vacation plan. The compensation plan has also been finalized. The amount of compensation is enough for Tianyue Industrial to purchase a piece of industrial land in a nearby city to build a new factory.

, but Cao Mo was thinking about whether to take advantage of this retreat to completely shut down this business and use the compensation funds received for other investments.

Tianyue Industrial's chemical pipeline business seems to also provide products for the construction of Fulkov Chemical Group, but the quantity is very limited.

Even if Fulkov Chemical Group starts construction of its new plant in Cotonou immediately, the demand for chemical pipelines and various chemical pump equipment is still too limited compared to the supply of domestic chemical pipeline production bases. The chemical pipeline business relies more on the supply of other customers.

purchase.

There are hundreds of similar chemical equipment manufacturers in China, and competition is fierce.

Tianyue Industrial's domestic business is relatively better this year. After experiencing the initial chaos, the chemical pipeline business may still contribute more than 100 million in profits this year.

This is mainly due to the fact that in order to combat the economic crisis in China, various regions have increased industrial investment, and the new production capacity in the chemical industry has been particularly fierce, driving a surge in demand for upstream chemical equipment.

However, Tianyue Industrial's chemical pipeline products are only second- and third-rate in China. The Lu brothers had previously neglected investment in production and scientific research, and it would be difficult to add more in the future.

This area is not Tianyue's main business at this time, so it is naturally impossible for Cao Mo to add much investment and energy.

In addition to Cao Mo's dislike of socializing, the future of Tianyue Industrial's business is uncertain, which is why Cao Mo doesn't like to be in such a hurry to meet the senior officials of Chonghai City.

"...Okay, I understand. When you arrive in Chonghai one day, I'll ask Xiao Xi's brother to accompany you to have some fun. I'll talk to Chairman Shen about the 'business'!"

Yang Jianguo didn't know what Cao Mo's plan was for Tianyue Industrial, but he was also tired of socializing now, and he understood the hard work of socializing.

Talking about "making out" with a group of unfamiliar strangers all day long. Even if you don't have to walk around the table to have a drink, people will keep coming over to toast you. Even if you sit there and frequently turn to the side to hold the wine glass, they will shout. People are exhausted.

…………

…………

After drinking tea until ten o'clock, Yang Lifang and Cheng Zhengjie sent Yang Jianguo back to the hotel to rest.

At this point in time, it was obviously too early for Cheng Xi, who had only met Cao Mo after several months, so he stayed with Cao Mo and watched him discuss work matters with Shen Ji, Xie Sipeng, Chen Rong, and Cao Jiaying. .

Besides, she still holds the title of Vice President of Muxiang Capital and concurrently serves as a director of Xinhai United Bank.

Shen Ji was opposed to Cao Mo's intention to use this industrial retreat to give up Tianyue Industrial's chemical pipeline business:

"Tianyue Industrial holds a controlling stake in Cornero Energy, but this is an equity investment. Once the chemical pipeline business is completely shut down, Tianyue Industrial will become a company with no main business, a pure investment nature, and even the main investment will be overseas. Listed companies, even if they can barely pass the regulatory hurdles, but then you have to carry out private placement, and the funds after the placement and the compensation obtained from the vacation are mainly used overseas, so it is difficult to avoid the question of transferring assets..."

"What is more feasible is asset replacement. Maybe we can take this opportunity to put Cornero Foods into a listed company?" Xie Sipeng suggested uncertainly.

"The biggest problem is that domestic listed companies have very strict restrictions on foreign shareholdings - Tianyue Investment and private individuals such as Guo Donghu and I only hold 60% of the shares in Cornero Foods, leaving the remaining 100%. Forty percent of the external shareholding cannot be placed in the listed company and must be liquidated in order to meet the regulatory requirements for asset replacement. Otherwise, if only 60% of the equity of Cornero Foods is placed, it will essentially It is still equity investment and the main business will be lost - the current regulatory restrictions are not relaxed, and the possibility of approval is too low," Shen Ji said.

"What about putting domestic factories, raw material imports and sales operations into listed companies and divesting plantation assets?" Xie Sipeng asked.

"Although it is a domestic factory and imported raw materials, the scale of the cocoa butter and cocoa powder sales business is not very large, but the property rights and main business are clear, and it can be incorporated into the listed company through private placement - but if you want to use private placement, Tianyue will be incorporated into the listed company." The purpose of investing part of the funds into a listed company needs to be clearly defined. If you directly state that this part of the funds is used for investment in the overseas power and energy industry when applying for a fixed increase from the China Securities Regulatory Commission, you will most likely be questioned by the China Securities Regulatory Commission, and the plan is likely to fail. "Big," Shen Ji became the chairman of Tianyue Industrial. Although the domestic business is not very heavy, he has always thought about it and considered various plans. "Of course, considering that the chemical pipeline business will take advantage of this industry vacancy, If it is completely closed, Tianyue Industrial can recover at least 1.5 billion yuan in funds. In fact, when implementing this private placement, it can only consider issuing new shares and acquiring the domestic business and assets of Cornero Food, without involving capital injection. The problem will be relatively easy..."

At this point, Shen Ji pondered for a moment and then said: "...or we can change our thinking and consider injecting Cornero Food's domestic assets and part of the funds into the listed company during the private placement, but the injected funds will not involve Overseas investment is used to acquire Dongsheng Group’s domestic palm oil business and a small part of its overseas rough crushing business. This may be the only way to truly enrich Tianyue Industrial’s main domestic business. After completing this step, Dongsheng and Tianyue can integrate overseas plantation assets."

Shen Ji naturally had his own selfish motives for suggesting this: only in this way can he, as the chairman of Tianyue Industrial, live up to his name, and the businesses involved at home and abroad are all businesses he is familiar with.

However, Cao Mo pondered for a moment and had to say that this plan was more beneficial to Dongsheng. Tianyue integrated existing resources, improved efficiency, and streamlined costs, and told Shen Ji:
Chapter completed!
PrevPage Index    Favorite Next