Chapter 895 Zhang Zhifei's Great Vision
Kumho’s disaster relief donations are all operated through the Hong Kong New Dawn Charity Foundation. New Dawn is a charity organization officially registered in Hong Kong by Sun Shangyi and his wife in 1996. In addition to Kumho’s 100 million disaster relief funds, New Dawn also raised nearly 100 million 100 million Hong Kong dollars for disaster relief, these two funds will be directly used for Jinshan's post-disaster reconstruction work.
Siyan Township on the east bank of the Yinma River was flooded as a whole. After the flood receded, it was in a mess. Even if there were still some rooms that did not collapse, they had been soaked by the flood for ten months and became dilapidated. Jinshan City immediately decided to divide Siyan Township as a whole into an industrial park that was originally limited to the west bank. More than 20,000 people in Siyan Township were resettled in a unified location. In addition to disaster relief funds, the city will also provide a compensation fee for land acquisition. . Novel chapters are updated the fastest
After a period of negotiation, Zhang Zhifei's Hongyuan Industry undertook the reconstruction of Chenxi Paper's shanty town and the disaster-stricken reconstruction and resettlement area in Siyan Township. The total cost of the project was close to 400 million. It will be supplemented by land acquisition compensation from Jinshan City.
Zhang Ke's visit to Jinshan this time is clearly for the successful acquisition of Chenxi Paper, but it is a foregone conclusion that he does not need to go there in person. After he arrived in Jinshan, he lived in the Provincial Party Committee Hospitality Hotel. At that time, I just brought my uncle to the Jinshan Hotel and talked for a long time about the construction of Hongxin. At this time, he turned the topic to the construction of shanty towns and resettlement areas. "Fiction" novel chapters are updated the fastest
"Build a brand-new town in the northeast of the paper factory. In the future, the living area of the paper factory will be gradually transformed, and the production scale of the paper factory will continue to expand, especially after the entire Siyan Township is included in the industrial zone. A new industrial city for 10,000 people," Zhang Ke said. "You need to plan carefully..."
Zhang Zhifei will not be sloppy with the post-disaster reconstruction work, let's not talk about other things for now. Hongyuan Industry can also use this to enter Jiangnan Province. This time, he almost pulled half of Hongyuan Industry's engineering management personnel in Haizhou to Jinshan. In addition to purchasing tens of millions of engineering equipment, nearly a thousand construction workers were recruited locally in Jinshan in the past half month, and participated in the construction of municipal projects such as lake embankment consolidation, river dredging, flooded area dredging, and road repair.
Due to the great damage caused by the Jinshan Lake embankment breach, the workload of post-disaster reconstruction has far exceeded the load of local engineering construction companies. There is support from Zhao Youlun, Secretary of the Municipal Party Committee and Mayor. It is only a matter of course for Hongyuan Industrial to fully enter Jinshan City, and there is almost no resistance. Hongyuan Industrial has raised nearly ten million US dollars of investment from Indonesian Chinese businessmen, and almost all of it has been used for this expansion.
Zhang Zhifei's greatest interest is not limited to this. Zhang Ke told him that the reconstruction area should be well planned, and he nodded in agreement. However, he quickly changed the topic to another place, saying: "Jinshan City's finances are stretched, and money is urgently needed everywhere. It is said that 200 million yuan in compensation for land acquisition will be used for the reconstruction of the disaster-stricken resettlement area in Siyan Township, but this sum The shadow of the money is temporarily invisible. Hongyuan Industry still needs to pay in advance, and I don’t know when Jinshan can make up the money to Hongyuan..."
"Hasn't New Dawn's 200 million yuan already been transferred to Hongyuan's account? This amount should be enough to cover the upfront expenses.
"Zhang Ke said.
"Money is not in urgent need." Zhang Zhifei said with a smile. "I've been thinking these days, if Jinshandi's payment is postponed until the project is completed and then paid in installments, isn't it similar to the model of Hongxin Construction's advance funds for construction and then the government repurchases it?"
"Well, it's somewhat similar," a thought flashed in Zhang Ke's mind, and Er said with a smile, "When did my uncle hide his words and go around for a long time before showing half of his tail?"
"You bastard. How can I show my tail?" Zhang Zhifei smiled and tried to slap Zhang Ke. Raised his hand. He took out the cigarette again and smoked. "Hongyuan Industrial undertook municipal projects such as river dredging, road construction, land leveling, pipeline laying, harbor wharf construction, etc. in Haizhou, as well as demolition and resettlement housing construction in major places in Haizhou. From 1994 to the summer of 1998. Net assets It’s only a little over 200 million——Horizon Construction developed in Tianjin and Beijing in 1993. Although it’s impossible to know the size of its assets, Hongxin Construction now has a registered capital of one billion. And after the establishment of Xintong Bank in 1995. As the founder of Hongxin Construction, it has injected more than one billion yuan into Xintong Bank successively—you said this society. Isn’t it more popular than people!”
Zhang Ke smiled. Said: "Comparing people to others will really piss people off. Hongxin Construction made a fortune in Hainan's property market before 1993. Besides, the water behind Hongxin Construction is extremely deep. This is not what Hongyuan can compare to—what. Uncle Do you want to copy the operating model of Hongxin Construction?"
"This model requires the support of financial institutions. With Hongyuan's financial strength, it can only operate one or two projects in the same period. However, Hongxin Construction relies on financial institutions such as Xintong Bank. It can operate dozens or hundreds of projects at the same time. Such a project." Zhang Zhifei shook his head. Said. "It can't be copied..."
domestic. Due to the shortage of funds of investors, it is no exception for engineering companies to advance funds to undertake projects. In his impression. In China, it seems that Hongxin Construction has developed this model on a large scale. They also deliberately deal with government departments that are short of funds and eager to start projects.
this pattern. Government departments are usually willing to guarantee higher profit margins for engineering companies. Even after deducting financing costs, the average net profit margin is only 10%. However, with the help of financial support provided by financial institutions such as China Information and Communications Bank. Horizon Construction can operate dozens or hundreds of projects at the same time. That profit scale can reach an astonishing level.
"My uncle is a little tempted after all..." Zhang Ke leaned his head on the high waist back of the rattan chair. Earl stood up again. Said. "I want to support you unconditionally, Uncle. But now Kumho's interest relationship involving all aspects of the local area is more complicated than before - let's do this. Uncle, you can transfer 20% of the shares of Hongyuan Industrial to you!"
"This is completely fine," Zhang Zhifei asked again, "Is 20% too little?"
"Sun Shangyi, Ye Jianbin and I established a principle when we established Kumho Commercial. Kumho Commercial will promote the comprehensive development of all links in the industrial chain. In order to accomplish more things, we must fully utilize the limited capital. Using it, no matter how high the profit is, the shareholding of related companies should not exceed 20%—20% of the shares is enough,” Zhang Ke added, “In addition, the development direction of Hongyuan Industrial must follow the overall interests of Kumho Commercial , Uncle, you also agree to this condition?"
"I'm not very clear about the overall interests of the so-called Kumho Corporation," Zhang Zhifei said with a smile, "But I promise you, how can I not trust you?"
"You can just agree," Zhang Ke smiled and stretched his waist. "The reconstruction of the shanty town of the paper factory is Hongyuan's archway project, but it must be done seriously."
"What is an archway? You have to say it so ugly! Then I will transfer Liang Jun here."
"Hongyuan's next direction adjustment span is very large. If Liang Jun can be transferred, I think it is better to let Liang Jun follow you. Hongyuan Zhan also has a certain scale, and there will not be only one or two people who can use it," Zhang Ke Said, "I asked Kumho Corporation to transfer at least 50 million US dollars to Hongyuan in the name of corporate bonds. Hongyuan's main goal during this period is to acquire as many engineering companies as possible that are experienced in harbor construction..."
Kumho Commercial raised more than 500 million US dollars in summer from the Chinese capital that evacuated Indonesia. Of course, Kumho Commercial has to pay tens of millions of US dollars in debt interest every year for this, which is one of the costs of Kumho Commercial operations.
Kumho Commercial will not directly participate in the operation of the industry. In addition to overseas trade business, Kumho Commercial's main operating income in the future will come from debt and equity investment.
In addition to injecting a small amount of funds into Hongyuan in exchange for 20% of the equity, Kumho Commercial also lent 50 million US dollars of corporate bonds. The 50 million US dollars of debt is to collect a certain percentage of debt interest, and the debt interest income can maintain Kumho For the daily operation of the business, when Hongyuan Industrial achieves a big development, the return on equity investment of 20% in the future will be the big one.
Equity investment is not profitable within a certain period of time. Kumho Corporation cannot increase the proportion of equity investment funds at will. Limited equity investment funds must be invested as much and as deeply as possible in the entire industrial chain. The shareholding ratio must be strictly controlled - besides, after a certain proportion of equity investment, it will directly participate in the operation, which is not in line with the original intention of Kumho Commercial.
The main purpose of Zhang Ke’s visit to Jinshan this time is to discuss the construction of the port, not with Xinting, but with Xu Xueping and Liang Weifa first. The initial panic of the disaster relief work in Jiangnan Province has passed, although the post-disaster reconstruction There is still a long way to go in the work, but at least it is on track. Next, we still need to focus on the issue of economic development. In Haizhou, Su Yiqun was transferred to Haizhou, and he was transferred to Suyang in the north of the East China Sea to serve as the mayor. It is said to be flat, but how can Suyang be compared with Haizhou? After Su Yiqun was transferred, he appointed Song Peiming as deputy secretary of the municipal party committee and acting mayor, paving the way for Tang Xueqian to leave Haizhou.
Zhang Yan doubted that Tang Xueqian would confirm his new position without waiting until the end of his studies at the Central Party School. He chatted with his uncle for a long time at the Jinshan Hotel, looked at his watch, and said, "Uncle Xu may be going back to his residence soon. Uncle, come with me...then you will know the direction Hongyuan Industry is going to adjust."
When Zhang Ke and the others went downstairs, Xie Jiannan, Lin Xue, and Wang Haisu had just finished talking in the lobby cafe and were about to leave the Jinshan Hotel.
Zhang Ke glanced at Xie Jiannan, but without saying a word, he got into the car surrounded by the crowd. (To be continued, if you want to know what will happen next, please read Chapter 6 for more,