Chapter 294 Confrontation at the Meeting

At the executive meeting of the city government of Ice City, the mayor publicized the spirit of the province, and then asked everyone if they had any other suggestions. In fact, this is the conclusion, which means that the meeting will end immediately.

But today was different, Zhang Ruiqiang suddenly raised his hand and said, "Mayor, I have a proposal."

Everyone looked at Zhang Ruiqiang in surprise, especially the mayor. Under normal circumstances, if there is a proposal at the meeting, the deputies have to communicate with him, the squad leader, in advance, but today Zhang Ruiqiang did not tell him in advance.

The Mayor frowned: "Deputy Mayor Zhang has a suggestion, so please tell me about it."

"Bingcheng Machinery Company, as we all know, is going to start a car manufacturing project and has already started building a factory. If everything goes well, it is expected to start trial production at the end of this year and go on sale in the middle of next year. I got a message this morning that the machinery company Feng Yu, the major shareholder of the company, plans to continue to invest more and build a branch factory..."

"Wait a minute, Deputy Mayor Zhang, I'm in charge of industry, why didn't I know about this? Why didn't Li Mingde from the machinery company report to me?" Deputy Mayor Xu interrupted Zhang Ruiqiang unceremoniously.

The aspects that everyone is in charge of are the embodiment of their power, and of course they don't want others to intervene. If the mayor said that, he wouldn't interrupt like this, but Zhang Ruiqiang, the relationship between the two of them was not very good, and he always believed that Zhang Ruiqiang took the position of executive deputy that belonged to him.

"As I said, it was Feng Yu, the major shareholder of the Machinery Company, who told me about it. Besides, I am in charge of the restructuring of the company, and the Machinery Company is a pilot company. Did he report any problems to me?" Zhang Ruiqiang also said bluntly.

He wants to succeed the mayor. If he can't even hold down the vice mayor who is not as ranked as him, the higher-ups will definitely think he is incompetent! Besides, he is the executive deputy, theoretically all the jobs in the city~government. He can ask.

"Deputy Mayor Xu, listen to Deputy Mayor Zhang." The mayor was a little unhappy and blocked my face. Do you still want to quarrel?

Zhang Ruiqiang continued: "Feng Yu promised to build ten branch factories, including five motorcycle factories, four car factories, and one truck factory. The investment in the first phase is one billion yuan!"

hiss~~~~

Everyone gasped, the first-phase investment was one billion! So the investment of one billion yuan is more than the final amount?

The coast has heard that there is an investment of this scale now. It's still all foreign capital. Inland cities have never heard of such a scale of investment, especially in the ice city where they are located in the frontier, let alone investors from the mainland.

"Ten billion? Deputy Mayor Zhang, did I hear you right?" Deputy Mayor Xu asked in a strange tone.

"You heard me right, it's one billion yuan, RMB! And it's definitely the first phase of investment. What Feng Yu meant was to use the money to inject capital into Bingcheng Machinery Company, and to continue to purchase a batch of motorcycles and equipment from the Soviet Union. The production line of the car is planned to be fully put into production within two years..."

"Wait a minute. What is the current market value of our machinery company? As far as I know, it's only a few hundred million. Feng Yu injected one billion yuan at once, have you ever thought about it. Where did he get the money? Did he use the machinery company? If a company with good profitability expands blindly, it will definitely go bankrupt! At that time, not only will we lose a very profitable company in Bingcheng, but what about those employees?” Deputy Mayor Xu sneered.

Zhang Ruiqiang glanced at Deputy Mayor Xu with disdain, then turned to look at the mayor and continued to report: "Feng Yu promised,

I will not use the shares of the machinery company to loan a penny, and now it is in the account of Taihua Company. There are one billion funds! "

What? There are one billion funds in the account of Taihua Company!

Now the expressions on the faces of the leaders of these cities~governments are even more exciting. It's not that they don't know Taihua Company, but how could there be one billion?

"Deputy Mayor Zhang. Have you contacted the bank about this?"

"I have contacted, and I have been confirmed by ICBC, and Feng Yu promised that once the process starts, the money will be temporarily sealed, and Taihua will never spend a cent."

City~Great joy, with an investment of one billion yuan, wouldn't the market value of the machinery company exceed one billion yuan? Definitely a big company!

During his term of office, a company with a market value of more than one billion can emerge in the city, and it has grown from tens of millions in just two to three years. This is definitely a solid achievement!

But at the same time, he also took into account the words of Deputy Mayor Xu. The market value of the machinery company itself seems to be only a few hundred million. With the injection of one billion, wouldn't the original shares in the city be diluted?

"Deputy Mayor Xu, what is the current market value of the machinery company?"

"More than 400 million, still growing! The current shareholding ratio held by the city is 28%."

Twenty-eight percent, more than 400 million, if the capital injection continues to exceed 1 billion, doesn't that mean that the city's shareholding ratio will shrink by more than two-thirds? Isn't it less than ten percent?

"Deputy Mayor Zhang, do you have to inject so much at one time? Can't you be slower?" Mayor asked. If the money is invested in two to three years, then the city can also take out a sum of money, at least to ensure that the city's shares will not be diluted so severely.

"Mayor, this is an industrial layout. Advanced foreign companies are doing this. Now that the market for motorcycles and automobiles continues to expand, our country has been occupied by cars from island countries and Germany. We are revitalizing A national brand is also in line with the Seventh Five-Year Plan!"

"Let's not talk about SAIC in Shanghai, but FAW in Lin Province. They are all large automobile companies in our country. Which one is not supported by the state? They don't talk about being so big, but Feng Yu wants to be so big? One less than A twenty-year-old kid who hasn't even graduated from high school, it's normal for young people to be ambitious, Deputy Mayor Zhang, you shouldn't mess around with him!" Deputy Mayor Xu's words can be said to be a criticism of Zhang Ruiqiang up.

Deputy Mayor Xu relied not only on his own qualifications, but also on the fact that Zhang Ruiqiang wrote an article in the provincial newspaper, saying that the Soviet Union would disintegrate at the end of this year, and even ignored the opposition of the provincial leaders, and submitted it to the "People's Daily". The issue of the Soviet Union has not yet been debated. Zhang Ruiqiang insisted on sensationalizing. He estimated that Provincial No. 1 would not continue to support Zhang Ruiqiang in this way.

Without the support of Provincial No. 1, what else can Zhang Ruiqiang do? This executive deputy is the end of Zhang Ruiqiang's career. By the end of the year, Zhang Ruiqiang became a joke, maybe the executive deputy seat will also be vacated, and deputy mayor Xu still has a chance to take that seat.

"Young people? Children? May I ask Deputy Mayor Xu, did he do anything important when he was eighteen years old? May I ask Deputy Mayor Xu, can he buy so many cheap and practical mechanical equipment and industrial technology for Bingcheng? When Deputy Mayor Xu managed the machinery company, how much was the profit? How much is the profit and tax? How much is the employee’s income, and is it above the national average income?”

Zhang Ruiqiang's continuous rhetorical questions left Deputy Mayor Xu speechless.

Seeing that the two were about to quarrel, the mayor knocked on the table with his hands: "It's getting late, and everyone has other work to do. Today's meeting will end here, and tomorrow morning at ten o'clock, we will continue the meeting to discuss !"

The mayor decided to report to the secretary of the city committee, and even to the provincial No. 2, before deciding whether to support Zhang Ruiqiang! (To be continued.)