In the afternoon, introduced by Ye Jianbin and Ma Wenqu, chairman of Nanyang shipping board, Zhang Ke met with Li Yaohua, vice president of Singapore port group at Peninsula Hotel.
In recent years, Nanyang shipping has actively invested in the construction of seaports and terminals in various parts of Asia, but it still lacks * * experience in undertaking the construction of comprehensive super large deep-water seaports, not to mention the planning and construction of port new towns and port industrial zones. Singapore Port Group has much more experience in this field, and in Asia, Singapore''s port management level is also super first-class. Introducing Singapore port group into Dongshan Island port construction project is not just to share the pressure on construction financing.
Although Singapore has been sustained in this financial storm and its economy has not suffered a heavy setback, the financial storm with such destructive power has also left all sectors of Singapore with lingering fear. Singapore Port Group naturally has new thoughts and adjustments on the future development direction.
It has been almost three months since Nanyang shipping and Jinhu Commercial Co., Ltd. jointly negotiated with Singapore port group. In the past two months, the Singapore Port Group has sent three investigation missions to Xinting for investigation, separately entrusted the Singapore channel design institute to conduct the whole sea survey and scanning of the channel designed by the Xinting port authority, and mobilized a super large bulk carrier with a draft of 17 meters from Wenzhou port to conduct the trial voyage of the channel, It is confirmed that Dongshan Island channel is the best deep-water harbor resource from the north of Wenzhou port to the south of Bohai Bay. After the investigation, the Singapore port group soon made a decision, reached a cooperation intention to jointly invest in the construction and management of Dongshan Island, and became the co sponsor of Dongshan Island port construction project.
Li Yaohua''s trip is to Xinting to sign an intentional agreement on port development cooperation on behalf of Singapore port group. There is no direct flight from Singapore to Jinshan and can only transit in Hong Kong, but there will be a plane to Jinshan tomorrow morning.
Up to now, the cooperation framework for Dongshan Port Group Co., Ltd. to develop Dongshan Island has been preliminarily determined by seven sponsors of Dongshan Island port construction project, including Nanyang shipping, Singapore port group, Jinhu commercial, Xinting port authority, Donghai United Steel Group, Yangpu shipbuilding group and China Ocean Shipping Group, When the approval procedures of the ministries and commissions of the State Council are completed, it will be officially launched immediately.
According to the regulation that the self owned capital of port investment shall not be less than 40%, the initial capital of Dongshan Port Development Group Co., Ltd., with a planned total investment of US $2.5 billion in phase I, will be as high as US $1 billion, Jinhu commercial will inject US $160 million, holding 16%, Nanyang shipping will inject US $180 million, holding 18%, and Singapore Port Group will inject US $150 million, holding 15%, The total equity of the three overseas companies is 49%. Xinting municipal government invested US $100 million in Dongshan Island land resources and 60 square kilometers of sea resources, and jointly held the remaining 51% equity with Donghai United Steel Group, Yangpu shipbuilding and China Ocean Shipping Group. This arrangement also avoids problems in the approval process, At least the state''s controlling stake in Dongshan Island in the future is guaranteed.
In addition to the direct capital injection of US $900 million, there is a construction fund gap of US $1.6 billion for the port phase I project, which will be allocated by each sponsor in the form of debt financing. Jinhu commercial and Nanyang shipping will also bear us $544 and will take out a total of us $850 million in real money and silver. There is no doubt about the financial strength of Singapore port group. The contribution of Donghai United Steel Group and Yangpu shipbuilding group is supported and guaranteed by the Donghai provincial government, which is not a problem. As the largest state-owned marine transportation group in China, COSCO, even if its own financial strength is insufficient, the bank is like his own, The capital contribution will not be a problem.
In addition to port construction, Dongshan Port Development Group will also undertake the construction of water supply, power supply and other supporting projects. The investment in phase I of the thermal power plant undertaken by Deli group under Singapore port group alone is as high as US $500 million, and the actual cost for phase I infrastructure of the port is less than US $2 billion, It also includes the investment in a sea crossing bridge with a direct span of up to five kilometers connecting Dongshan Island and the coast.
It seems that Jiangnan province and Xinting city do not need direct investment, but in addition to power supply and water supply supporting projects, the investment in supporting projects such as communication, highway and railway transportation connection will not be less than 2 billion, which does not include the construction cost of Jinshan, Huishan Xinting expressway network and Xinting port expressway section.
Port construction needs industrial support to highlight its great value. The port new town and Port Industrial Park relying on Dongshan port are the giants of future investment.
In addition to the iron and steel industry base and shipbuilding base having determined their investment intention and being planned, Xinting municipal government is negotiating with the Singapore government, hoping to jointly develop the remaining part of the port industrial park and Lingang New Town, which is planned to be located in the east of Dongshan Town and Dongshan Island (Dongshan port) On the beach between the West and the west, the cofferdam is used to fill the sea to create 200 square kilometers of construction land. The initial investment budget for the reclamation of 15000 mu of land in the first phase of the iron and steel industry base alone will be as high as 600 million. If an agreement is reached with the Singapore government, the total investment of the whole cofferdam reclamation project will exceed 10 billion. After the completion of the sea reclamation project, the port industrial park will accommodate hundreds of billions of investment.
This is definitely an amazing project in China in 1998. Even if we look at the world, it is rare.
Zhang Ke will fly back to Jianye tomorrow afternoon. When he returns to Jianye, he has no plan to go to Jinshan to participate in the signing ceremony of the sponsor''s cooperation intention. Everything needs the formal approval of the State Council. It may take another month or two to have an appearance.
The dinner was accompanied by Ye Jianbin and Ma Wenqu, Li Yaohua and Zhang Ke returned to Renaissance Seaview Hotel. In the evening, they also had dinner with del FASI, senior vice president of Deyi.
After arriving at the hotel, it was still early, so I accompanied Tang Jing to the exhibition hall again.
In 1998, domestic enterprises also organized a group to participate in the Hong Kong Electronics Exhibition. However, the mainland Museum area allocated by the management department to domestic enterprises was temporarily reconstructed from the underground garage, and the seats were relatively biased. Zhang Ke and Tang Jing specially walked around and looked around. Many people would not notice the narrow passage turning in the main exhibition hall - the passage is in the corner of the toilet on the first floor, which is dark, If Zhai Danqing didn''t lead the way, Zhang Ke would be a ghost if he could touch it.
"Domestic enterprises complain about this," Zhai Danqing said of the situation of domestic enterprises participating in the exhibition, "and he plans to unite to find the management department to say..."
There is not enough light in the exhibition area, and the flow of people is very small. It is really unfair to throw it into this corner. Although Hong Kong has been returned to China for more than a year, all kinds of prejudices still exist. Zhang Ke said to Zhai Danqing, "call the person in charge of the exhibition in Jinhu and try to provide some help."
Ge Yinjun came up. He saw Zhang Ke and them first. He hesitated at his feet. He didn''t even have the courage to look at Zhang Ke.
The Hong Kong fall electronics show is more like a trade show. It''s not surprising that GE Yinjun appeared in the mainland Museum area. It''s not surprising that he hid here and walked away.
Zhai Danqing looked back at GE Yinjun, saw him speed up his pace and leave here with his entourage, and asked Zhang Ke: "the Hong Kong Securities Regulatory Department has been officially involved in the investigation of Jiaxin electronics for a few days. What results do you expect?"
"Pay a fine and sign a settlement agreement to terminate the investigation of Jiaxin electronics by the securities regulatory department," Zhang Ke smiled, "There are not many options left for them... At the end of last year, they transferred Kewang''s overseas business with an actual loss of 200 million to a listed company. This business continued to lose more than 100 million this year, which ensured that Kewang made profits from overseas business. Ge Mingxin and Ge Yinjun had to pay a fine of no less than twice that. I wonder if their father''s family was so rich ……”
Not to mention the glory of the Ge family, the assets under the names of Ge Mingxin and Ge Yinjun exceeded 15 billion at the peak. Even at this time, the assets under their names will not be less than 4 billion, but these 4 billion assets mainly exist in the form of equity assets of Jiaxin group. Zhang Kexiang believes that the assets under the private names of Ge Mingxin and Ge Yinjun should be extremely limited. Zhang Ke thought to himself He is also a rich man - the invisible rich in China who can be richer than him can definitely count the fingers of one hand, but the assets under his name are mainly the equity assets of Jinhu. Even if he likes cars very much, for tax avoidance and convenient management, the luxury cars allocated to him every year are purchased in the name of the company, and the private assets outside Jinhu are added together Zhang Ke often jokes with Du Fei. Don''t borrow money directly from him, because he doesn''t have a penny in his wallet a lot of time.
Kewang overseas company is a company privately registered by GE Yinjun. To pay the fine, it can only be paid by GE Mingxin and Ge Yinjun. Such a huge fine can only be raised by GE Mingxin and Ge Yinjun''s father and son by selling the equity of Jiaxin group. The two most important listed companies of Jiaxin group are also the core assets of Jiaxin group, which are in turmoil. Both Ge Mingxin and Ge Yinjun are here When you want to cash out and sell at a good price, it''s really difficult to go to the sky.
Zhang Ke tapped his forehead with his finger and said to Zhai Danqing, "I think many people in Hong Kong should have coveted Jiaxin group. Next, it''s time for them to perform."
"There should be..." Zhai Danqing smiled and thought: the wall fell and everyone pushed. The Ge family is going to decline completely. It''s inappropriate to think of that. Ge Mingde and sun Shangyi should be regarded as side branches of the Ge family. Sun Shangyi''s assets in the open and in the dark also have $3.4 billion.
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