Funding Is a Big Difficulty
Chapter 673:Funding Is a Big Difficulty
“The director of the Yan factory and the director of Teng have passed the reputation.”
Feng Xiaochen smiled and waved his hand, thanked the two people for their praise, and then said:
"This matter is not my proposal, but the meaning of the leadership of the Economic and Trade Commission, we equipment industry company is only responsible for coordination, so the director of Yan said high house construction, that is also the economic and trade commission leader of the high house construction, I am just a handyman sweeping the floor under the eaves."
According to experts, the average annual growth rate of the Chinese economy can reach more than 10% in the next 20 years, which means that China's GDP will exceed 60 trillion yuan by 2015.We want to build more than 100,000 kilometers of highways, involving countless bridges and culverts; we want to build more than 20 billion square meters of commercial buildings and residential buildings, this alone requires hundreds of millions of tons of steel.In addition, the expansion of industrial scale also needs steel as a support, so calculate that by the beginning of the next century, China's annual steel production may rise to more than 500 million tons, which is definitely not pompous.
We are a country with a lack of iron ore resources, especially less iron ore, most of which are barren iron ore, and the cost of smelting is high and inefficient.We want to reach an annual output of more than 500 million tons of steel production capacity, iron ore imports will be very large.Such a huge import volume, if all held in the hands of others, people unite to raise prices, we will work for others in vain.
Based on this situation, the leader of the Economic and Trade Commission pointed out that we must have our own iron ore resources overseas, even if we can not fully meet the import needs, at least we should be able to calm the ore prices at a critical time.From the current point of view, the mining conditions are not ideal, the cost is higher than that of Brazil and Australia, but its advantage is that it can be in our hands, and at the same time, it can drive the export of open-pit mining equipment in our country, which is a good thing in one fell swoop.The Economic and Trade Commission hopes that several large steel enterprises, including Jianggang, can lead by example and participate in the construction of Pitsig Iron ore, which is both a national concern and a reserve resource for Jianggang.
Feng Xiaochen's mouth is a long speech, and there is not even a stumbling in the middle.His trip came out to lobby steel companies to take a stake in the pitice iron ore, so this set of rhetoric was prepared in advance.In fact, these words are only his opening words, he does not expect these words to convince the managers of the directors of various enterprises, these people are exquisite, not a few words can be moved.
Sure enough, after listening to Feng Xiaochen's words, Yan Delin smiled and said, "Feng always said very well, especially that this move can be both for the country's worries, but also good for our Jianggang, but this is to say that we have gone to our hearts."General Feng, about the participation in the construction of the Pitsig iron ore, our Jianggang will certainly be very positive.However, we have some practical difficulties, and here we are also mentioned to General Feng, asking General Feng to consider one or two.”
Here it is!Huang Ming and Zhou Meng poetry are all sneer in their hearts.They spread out their notebooks, unscuttered the pen lid, and began to prepare to record Yandrin’s “but.”
"After receiving the notification of the Economic and Trade Commission, we specially organized production, supply and marketing, finance and other departments to carry out in-depth analysis of this problem."Everyone agrees that this decision of the Economic and Trade Commission is wise and very necessary for us.However, in the current situation, it is still a lot of difficulties for us to go to Africa to develop iron ore, and if this can be postponed for about five years, it will be more relaxed for us.”Yandlin said.
Feng Xiaochen nodded and said, “Mr. Yan, you have a lot of difficulties, can you tell me more specifically?”What difficulties?”
“Yes.”Yan Delin was also fully prepared, he opened a small notebook, turned a page, and began to say: "First of all, the capital is a great difficulty."In the notice of the Economic and Trade Commission, the total investment in the pitet of the iron ore is 500 million US dollars, and it is spread to our steel enterprises, how can one have a 70 or 80 million?Such a big foreign exchange, where are we going?”
Feng Xiaochen smiled, “This hell factory director doesn’t have to worry.The $500 million is just a bid for Canada in exchange for a 30 percent stake in the proven reserves of the Pitssig Iron ore and exploration rights to unexplored areas.A large part of the $500 million can be offset by domestic equipment, and the domestic purchase price of domestic equipment is much lower than the price quoted abroad, and there is no need to pay all foreign exchange, so the real foreign exchange expenditure is at most about 200 million US dollars.”
"General Feng, you just said that the purchase of domestic equipment does not need to pay all foreign exchange, what does this mean?"Aren’t we buying domestic equipment entirely paid for in RMB?”Zhang Lin, director of Jianggang's supply and marketing department, keenly grasped the occult of Feng Xiaochen's words.
Feng Xiaochen explained: "Chief Zhang, this issue involves the interests of some provinces and cities.Because the use of domestic equipment to offset the investment in the pitice ore, can save part of the country's foreign exchange, but for the production of these equipment enterprises, the original export foreign exchange, now become a direct investment, foreign exchange income is gone, the province and city management department will certainly have some ideas.The idea put forward by the leader of the Economic and Trade Commission is to give up a step by step, and steel enterprises take out some of the foreign exchange that was originally used for imported iron ore, and pay these equipment enterprises as their foreign exchange income.And steel companies, because they can obtain ore from the Pitsig iron ore, do not need to pay for foreign exchange, so the foreign exchange savings are more.”
"However, the ore of the pitts, which is about 30% more expensive than the Australian ore and Brazilian ores we import, we still suffer."Zhang Lin argued.
“We don’t suffer, we have a stake in the pitet ore, and a part of the profit will be returned to us, so although the price of the ore is high, the fat water does not flow outside the field, and we have not suffered a general loss.”The poem explained to Zhang Lin.
“Petsigt is still in the development phase and has limited capacity to completely replace our imports.”Zhang Lin said.
Zhou Mengshi said: “This is the reason why we have to invest time.We have calculated that if we can provide them with a full set of open-pit mining equipment, it will only take two years to form more than 50 million tons of new production capacity, which is mainly digested by us, to meet the needs of your companies is no problem."
"Two years..." Zhang Lin dragged on to her long cavity, showing her unsatisfied appearance, but could not say any reason to refute it.
"Even if it is not related to foreign exchange, just pay in RMB, we are also difficult."Finance Director Zhao Zhenhao also joined the discussion, he said: "In recent years, the domestic steel market is relatively popular, and we Jianggang also have some profits, which is not true."But we have too much debt in history, the workshop needs to be renovated, the equipment needs to be updated, and the welfare of employees needs to be improved, and some of the profits we have made so far have been spent almost.To invest seventy-eight million dollars, equivalent to a small 700 million yuan, we really can't afford it."
“So, how much can steel be burdened?”Feng Xiaochen asked.
“This...” Zhao Zhenhao was dumb at once, which did not seem to be a pre-written script.
Last year, the state liberalized the price of important means of production such as steel, steel mills no longer need to pay the planned price to produce, but can go with the market, independent pricing, the days are all over.In the past two years, the scale of domestic infrastructure has expanded sharply, the demand for steel has soared, and most steel enterprises, including Jianggang, have made a pot full of money, which is very clear to the Economic and Trade Commission, so it will issue such a notice to various steel enterprises, so that they can take out a part of the profits to invest in Africa.
The amount of investment allocated by Jianggang is similar to that of Yandlin, that is, seventy-eight million US dollars, nearly 700 million yuan.Such a sum of money, if you want to take it out at once, of course, is a bit difficult, but in two or three years to take it out, there is no difficulty at all.
Zhao Zhenhao cried and was poor in front of Feng Xiaochen, and there was a mentality of letting Feng Xiaochen catch his small braids.If Feng Xiaochen said that Jianggang is rich in profits and it is not difficult to take out these money, then Zhao Zhenhao will go through the expenses of the enterprise like a back dish name to block Feng Xiaochen's mouth.But who would have thought that Feng Xiaochen did not seem to be entangled in the seventy or eighty million US dollars, but directly asked Zhao Zhenhao how to come up with how much money, which made Zhao Zhenhao how to answer it?
Say you can take out 500 million yuan, so what is the difference between 700 million yuan and directly?
Saying that you can only take out tens of millions of yuan, this kind of words can't even coax children, how does Zhao Zhenhao say it?
"15 million dollars, that is, 130 million yuan, is our greatest ability."Yan Delin spoke, which is also discussed in advance, which also left a little space for Feng Xiaochen to raise the price, and the final bottom line is in the appearance of 25 million US dollars.
“Can’t there be more?”Feng Zhichen asked as Yandlin expected.
“More...” Yan Delin made a difficult look, looked at Zhao Zhenhao, and asked, “Old Zhao, do you think we have more room?”
Zhao Zhenhao said bitterly: "Yan factory director, 130 million yuan, for us is already under a lot of pressure."The money was originally intended to be used to build a dormitory on the side of the Xiwa, if you invest in Africa, the construction of the dormitory will have to be delayed, and the logistics side is not sure how to scold me!"
Yan Delin turned back and said to Feng Xiaochen, “General Feng, look...”
“Twenty million dollars, that is, seventy-seven million yuan, is it possible?”Feng Xiaochen simply asked.
"This..." Yandrin again had a constipated expression of pain, then gritted his teeth and said, "18 million, no more."
“Well, that’s 18 million.”Feng Xiaochen did not insist, he made a gesture to Huang Ming, said: "Little yellow, you remember, Jianggang, 18 million."
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