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Chapter 669 Introduction

The venue was filled with smoke. First, after listening to the content about Haicang's plan, it was Yu Zhu's turn to report. He opened the notebook in front of him and calmed down his emotions. This was the first time for Zhu to speak at such a high-level meeting.

However, before Yu Zhu said anything, the leader who presided over the meeting interrupted: "Wait, I suddenly realized why the two petrochemical projects are all the emerging groups in charge of the General Administration? If I remember correctly, they should be construction units, not competent ministries and commissions. I want to listen, what is the reason?"

At the end, the leader had already knocked on the table and seemed quite angry. The representatives of several relevant ministries and commissions of the Planning Commission and Chemical Industry Department were sweating on their foreheads. They were also quite wronged. The Formosa Plastics in the Haicang plan, almost all the equipment and technology came from Taiwan, and they were simply disdainful of the mainland. At most, some pipeline ball tanks with inconvenient transportation and low technical content were processed. In this way, the main work was of course contacted by Xinxing Group?

As for water wells? They are originally low-level contacts, and even the only one in charge of the negotiations is the director of a new emerging group. They have already decided to give up. So what other experts are needed for ministries and commissions? Who would have expected that the situation will suddenly change and suddenly become like this?

Suppressing his anger, the leader looked around the audience: "No responsibility is held in the meeting, and everything else will be discussed later. Is it less than? You start!" The meaning of the words is that some people will definitely be held accountable for dereliction of duty after the meeting.

Yu Zhu is also sweating in his vest, and this thunderous anger is really not something that ordinary people can withstand. Even if you have thousands of reasons, do you dare to defend yourself in front of an angry leader? I calmed down again: "Dear leaders, comrades, I joined the working group of the 901 Project in late December last year. Later, through relationships, I learned that there is a US-funded foreign company in Hujiang, Shuili Group, is also interested in the petrochemical plant project..."

"Comrade Xiaoyu." The leader interrupted again, "To be more detailed, all the details you know, except for the confidential part, will be explained to me in detail. Today's meeting has no preset time. Whenever there is a result, it will end!"

"Yes, the leader." Yu Zhu nodded quickly, "After I joined the working group, I learned through the Department of Chemical Engineering that there was a newly graduated doctoral student in chemical engineering at the University of Beijing University. He also studied abroad at the University of California, Los Angeles. When he was abroad, he studied under the Nobel Prize winner Professor Chuckley. The domestic doctoral supervisor was Zhu Guoliang and Mr. Zhu, so he wanted to second him to join the 901 project. Unexpectedly, after visiting him, he declined in person."

"Oh? Anyone refuse?" The leader widened his eyes, his stomach full of evil fire and righteousness.

Yu Zhu quickly explained: "There is a reason. That comrade had a job in Beijing Film Academy at that time."

"Have you a job? Jingying? Why is a chemistry student going to Jingying?"

"Actually, everyone may know that he is Director Jing Jian and Jing, the director who won the Oscars."

"Boom..." There was a lot of discussion in the venue. The leader knocked on the table and then calmed down.

Yu Zhu continued: "Although Director Jing declined at the time, we all knew that he wanted to direct the Sino-US film, he was still quite enthusiastic and introduced me to an investor he knew in the United States, Mr. Jetton, general manager of Water Well Group..."

After more than twenty minutes, the ins and outs of the well project was finally introduced. The leader asked: "Comrade Xiao Yu, have you ever known the background of the well?"

"The Water Well Group appeared very suddenly, and there seemed to be no news about them before. In 1986, they suddenly contacted Hujiang Market through the Los Angeles Consulate and said they wanted to invest in Chongming Island. The comrades in Hujiang Market received them. Then they learned a surprising news that they wanted to fully develop Chongming Island and planned to invest nearly 10 billion US dollars in 15 years to build the Golden Island of the East."

"Ten billion US dollars?" The venue suddenly exploded, "Why hasn't this news been reported at all? Does it also need to be kept confidential like 901?"

"It's not the reason for keeping it confidential." Yu Zhu smiled bitterly, "A foreign company of unknown origin suddenly said it would invest 10 billion yuan. Out of caution, Hujiang Market is also afraid of being deceived?"

"Then do they really have that much money?"

"How was the investment situation later?"

"Why is it so mysterious?"

“…”

During the conversation, the leader shouted: "Jing Yijing, continue talking."

Yu Zhu squeezed out a smile: "The situation later was quite complicated. Is there any investment? Is there only US$300 million in Hujiang? Is there no investment? It's far from the 10 billion figure, so Hujiang has always maintained a lukewarm attitude. But we investigated afterwards that they have actually built a food industry park, a packaging industry park, and the latest film and television base projects in Chongming Island. There are also several real estate projects in Hujiang. In terms of investment scale, it is not very small. If you look at the absolute value, it should be a large investor. In addition, since the previous year and last year, they seemed to have started investing in the mainland, and they have had several projects. For example, Xianyun Mineral Water, which has been advertising now, is the project they invested. And after the beginning of the year, they raised more than US$700 million for a private steel plant in Tangshan and launched a three-million-ton steel plant project."

"Oh?" The leader immediately became interested, "It seems that he will change his goals and no longer limit himself to Hujiang. Do you know why?"

"We have communicated with that manager Jaton and have also carefully analyzed it. The main reason is that Chongming Island's transportation cannot keep up with it and the backward infrastructure hinders further investment. There is another problem that is quite critical. The country's policy restrictions on heavy industries make them unable to invest. The policies of Hujiang Market are relatively strict, unlike the mainland, which makes them rich and unable to invest. So this time they want to build a chemical base on Hengsha Island, which is the well plan discussed today."

"Yeah, teach a lesson!" The leader suddenly understood, "I won't comment on the cautious attitude of Hujiang Market here, but it means that you don't care about investment and don't serve investors well, so the investment will grow and run away. Since Hujiang Market doesn't want it, won't they turn to the mainland?"
Chapter completed!
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