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Chapter 461 The Second Battle

The meeting ended and the meeting started again.

The new meeting was held in another conference room, and the atmosphere was much better. The only difference between the participants and the previous meeting was that there were fewer people from Formosa Plastics.

The target changed from Wang Qing to Yao Yuan, and from Formosa Plastics to Oriental Petroleum.

Yao Yuan's position also changed from the corner to the other end of the long conference table, facing Mr. Li.

At this time, Yao Yuan was slowly smoking and drinking tea, because except for him, everyone else was carefully reading the materials on the desk, about the Dongfang Petroleum and Petrochemical Base.

Fortunately, I made preparations in advance, otherwise I would not know where to print out more than a dozen copies of the materials in a short while. Even in a state guesthouse, this would not be an easy task.

Xia Honghua sat next to Mr. Li and introduced Yao Yuan's situation in a low voice, including the situation of the companies under his name. Only then did Mr. Li know that the protagonist of the introduction of advanced foreign weapons and equipment by the army and the explosive growth of trade with Russia was Yao Yuan.

, also includes cleaning up triangular debt, including the reform and restructuring of local state-owned enterprises...

It turns out that several companies headed by Nanfang Industrial controlled by Yao Yuan have been active at the forefront of economic construction.

The main attendees were the bosses of the petrochemical system.

The current Three Barrels of Oil is different from the later Three Barrels of Oil. They are not only enterprises, but also managers of the industry. After the Ministry of Petroleum Industry was abolished in 1988, government functions were transferred to the newly established Ministry of Energy. At the same time, under the former Ministry of Petroleum Industry

On the basis of the establishment of Petroleum and Natural Gas Corporation.

This was the National Petroleum Corporation mentioned above, and later PetroChina.

However, the Ministry of Energy is too weak. The National Petroleum Corporation far exceeds the Ministry of Energy in terms of level, size, and intricate relationships. It is common for the Petroleum Corporation to be inferior to the Ministry of Energy.

The second giant was Petrochemical Corporation, later known as Sinopec. They controlled the entire downstream industry and owned all the gas stations.

The third giant was not yet a giant at this time, and that was the Offshore Oil Corporation, later known as CNOOC. When it was established seven or eight years ago, most of the offshore oil and gas fields and some enterprises belonging to it were separated from the National Petroleum Corporation to form a

Little Brother Offshore Oil Corporation.

It is the smallest in size, but also has the highest spirit. Yao Yuan even thinks that it is a bit foreign-oriented. Perhaps this is related to the characteristics of the offshore oil industry.

Yao Yuan knew that the attitudes of these three companies were the most important, especially the first two. As for the officials from the Ministry of Energy sitting opposite them, to be honest, their voice was really weak.

Wen Tiejun put down a thick pile of documents, planning books, construction master drawings, equipment information, etc. Everything was complete, which showed that Dongfang Petroleum had been planning to build a petrochemical base for more than a day or two.

Moreover, people have already started construction.

Wen Tiejun even guessed what Yao Yuan was thinking. If 800,000 tons could not be approved, he would definitely get 300,000 tons with the support of the province. Guangdong Province would definitely support it with both hands and feet.

"Mr. Yao, the plan you proposed is that Dongfang Petroleum invests US$5 billion to hold 45% of the shares, Formosa Plastics Group also invests US$5 billion to hold 45% of the shares, and the remaining 10% is owned by

We are divided among the three companies. Now that there is no Formosa Plastics Group, what is the arrangement for the 45% of the shares?" Wen Tiejun asked.

The Haicang project failed. Judging from Mr. Li's attitude, it was inevitable that the focus would shift to the Dongfang Petroleum and Petrochemical Base.

Yao Yuan's proposal of 100% export sales is too tempting.

Wen Tiejun was the general manager of the National Petroleum Corporation and the top leader. At that time, Dongfang Oilfield Services participated in the exploration competition of the Tyumen Oilfield and the development of the Baku Oilfield. Although Yao Yuan and Wen Tiejun had never met, they often communicated with each other on the phone.

We are relatively familiar with each other and have a relatively good relationship with them.

Because it has a large amount of business overseas, the newly established Dongfang Petroleum Company must rely on the strength of domestic oil companies, so it has carried out a lot of cooperation with domestic oil companies. The main cooperation partner is the National Petroleum Corporation, and most of the exploration teams are from the National Petroleum Corporation.

Dispatched from the company's affiliated oil fields.

The National Petroleum Corporation earned more than 200 million U.S. dollars last year from exploration team labor fees and equipment rental fees alone. Wen Tiejun had a favorable impression of Yao Yuan and Dongfang Petroleum Company.

Yao Yuan corrected, "The investor is Southern Industrial and Dongfang Petroleum is the tenant, renting the petrochemical base for production."

Everyone didn't understand why it was necessary to do this because it was all a company owned by Yao Yuan.

Wen Tiejun nodded, "Anyway, what to do with the 45% of the vacant shares? The three of us cannot afford such a large amount of money."

"It's all done by Nanfang Industrial, but you still have to spend one billion Huaxia coins for 10% of the shares." Yao Yuan said with a smile.

Wen Tiejun smiled and shook his head, "This is inappropriate. The three of us only hold 10% of the shares, which is too small. I should say very small, which is inappropriate."

"Mr. Yao, I think that since the four companies are cooperating, it would be better to renegotiate the shareholding ratio," said Zhang Huaide, CEO of Petrochemical Corporation.

Regardless of whether it is the Haicang base or the petrochemical base of Dongfang Petroleum, the Petrochemical Corporation will be most affected after its completion, because all the areas occupied are their business areas. The current Petrochemical Corporation does not have its own oil fields, and raw materials are either imported or purchased from

The National Petroleum Corporation is a complete downstream enterprise.

Therefore, the Petrochemical Corporation was opposed to the Haicang base. After realizing the country's determination to implement the Haicang plan, they could only seek to join in and take shares in the Haicang base to achieve the purpose of recovering losses. In fact, construction was stopped.

Several ethylene plants in China are all owned by Petrochemical Corporation, and they have suffered heavy losses.

Yao Yuan was very considerate of Zhang Huaide and nodded and said, "Mr. Zhang, I have no objection to the redistribution of capital contribution proportions."

What he is talking about is the capital contribution ratio, if not the share distribution ratio.

The implication is obvious, let your money speak.

To be considerate is to be considerate, and business is business. Especially when dealing with such giant state-owned enterprise giants, you must first be a villain and then a gentleman, and make ugly remarks first. Otherwise, it will be difficult for you to do business if someone submits a document, even if the document is legal.

From a practical perspective, it is ineffective.

When facing Wang Qing, Zhang Huaide had worries because he was a Taiwanese businessman and a famous Taiwanese businessman. When facing Yao Yuan, he no longer had these worries. No matter how rich he was, he was just a private enterprise. This kind of deep-rooted discrimination

The vision will still exist twenty years from now.

Zhang Huaide said confidently, "In my opinion, Dongfang Petroleum... Oh, Southern Industrial's investment of US$5 billion can remain unchanged, but the proportion should be 30%. The three of us will contribute part of the cash, plus personnel and equipment.

, divide the remaining 70% of the shares."

The leaders of the Ministry of Energy looked a bit ugly, thinking that Zhang Huaide was too bullying, and so did Xia Honghua. However, Wen Tiejun and Xiong Jinhua from the National Offshore Oil Corporation nodded slightly, but Wen Tiejun was a little embarrassed to face Yao Yuan's gaze.

Everyone thought that Yao Yuan would get angry because he was indeed such a bully.

In a petrochemical base with an investment of US$10 billion, Southern Industrial invested US$5 billion and could only hold 30% of the shares. This means that the three state-owned oil companies actually had to use part of the cash, personnel and equipment to divide the remaining 70% of the shares.

If divided equally, each company would get about 23% of the shares, only 7% less than Southern Industrial.

Calculated in this way, each company actually needs to invest US$700 million. If calculated according to the ratio of Southern Industrial, it should actually need to invest US$1.16 billion.

Regardless of whether it is US$700 million or US$1.16 billion, none of the three companies can come up with it. The three companies can't come up with US$700 million together, let alone US$1.16 billion, let alone more than US$5 billion!
Chapter completed!
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