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Chapter 302 Academician

After confirming the rescue plan, Su Cheng left the conference room and continued to wait outside. The gentlemen from the banking department did not want to discuss the plan for stock market reform in front of him.

It was an hour later when we returned to the conference room. President Guan and others left half-worry a few minutes ago.

Mr. Zhou waved his hand and signaled Su Cheng to sit on his right side, smiling and said, "I asked you to talk about the petrochemical base, but I didn't expect you to solve another problem. Does Dahua have any intention of doing finance?"

"We still hope to concentrate on the oil industry. Finance may be considered in some New Year's Eve. For Shenzhen Development, we strictly follow the regulations of relevant national departments and are not prepared to participate in bank business activities." In China, the so-called financial industry is actually only one way to go. Although Zhengzhou has a futures trading market, the risks are huge and the normative nature is extremely poor. Banks, foreign exchange and insurance are the hardest hit areas of policy. A mistake will lead to eternal regrets, and Mr. Zhou probably did not consider them.

In 1991, few people took it seriously. Although it was a listed company of the Shenzhen Stock Exchange, its total assets were only RMB 200 million by last year, and it was only RMB 500 million this year. It is still a rural credit cooperative structure. There are not one hundred or eighty banks of this scale in the country. Its value lies in the opportunity for joint-stock and Shenzhen Stock Exchange to list. If there was not a financing channel for stock markets and the joint-stock banks could accommodate private investors, the Shenzhen Stock Exchange would eventually be like most urban commercial banks, silently raising a group of financial practitioners half-deadly.

For Dahua Industrial Group, which has assets of billions of dollars, Shenzhen Development Bank does not have the potential to raise funds. If it can undergo large-scale restructuring and transformation, it may become a financial institution in a consortium, but the national conditions do not allow it.

At the time of Haicang's plan, Sucheng was unwilling to cause trouble. Shenzhen Development's stocks could soon rise dozens of times. By around 2010, it could rise by up to 5,000 times, which would be great for arbitrage.

Sucheng actually doesn't care whether it can be used as a bank.

Mr. Zhou was very satisfied with Su Cheng's knowledge and tactility. The meeting just now proved Su Cheng's decision and determination. Now, after hearing his statement, Mr. Zhou chuckled and said, "Tell me what you think."

Su Cheng suddenly felt relieved. Dahua Industrial's idea had long been on the table. As long as Mr. Zhou was willing to listen, it would be great.

According to the established manuscript, Su Cheng first talked about the funding preparations of Dahua Industrial, then talked about the transformation of human resources and management resources, followed by the signing of contracts and agreements of the cooperative company, and he focused on PetroChina.

With the increasing heat of the plasticizer incident, Dahua Industrial has been mentioned continuously, and finally gained some reputation. There is no resistance to Dahua's "interest hedging" within PetroChina.

From a political perspective, what CNPC needs most is to defeat Sinopec. Other private companies and foreign companies can be regarded as allies, but Sinopec is its natural enemy. They will not cause trouble without any need, but Dahua Industrial is qualified to get their support after doing its work.

Su Cheng spoke for about 40 minutes, and Mr. Zhou always listened carefully, but did not express any opinions.

The assistant beside him recorded a hurry, saying that he had worked hard and had not passed.

After Su Cheng finished his financial preparations, as well as human resources and technical preparations, Mr. Zhou thought for a brief moment and said, "If you want to take over the Haicang plan, you have to go in three steps. First, Formosa Plastics gave up the Haicang plan; second, Dahua Industrial passed a series of judgments; third, the members voted to agree. It is hard to say how long it will take, how many twists and turns will be there in the middle, can you persevere?"

"Yes." Su Cheng also knew that Formosa Plastic would give up, so he agreed so happily.

Mr. Zhou had a new understanding of Su Cheng's decision, and he continued: "I have to retire completely for five years at most. Maybe only three years. Therefore, if you can't decide the ownership of the petrochemical base in three years, you have to do it again, okay?"

"I am still young. I can do it even if Wang Yongqing can use more than ten years to promote his Six Light Plan. Moreover, I believe that there will be a conclusion within three years." Not only the Six Light Plan, but also the newly completed Yangtze ethylene project took 20 years. The leaders who made the decision back then had already retired several times.

The larger the project, the higher the status of the people who need to make decisions, the older the corresponding age, and the higher the risk of change. China's political environment has been quite stable since the 1980s. Even so, there are still various setbacks and obstacles in the middle, not to mention other third-world countries. The resignation of a leader often means to start over. Even so, projects that should be persisted must still be persisted.

Repeating pain over and over again is the life journey of a resource-based enterprise. Just like other lives, its happiness is based on the pain of itself and other lives.

Mr. Zhou looked at Su Cheng with deep eyes, and confirmed that he was ready, and then said: Then, the first step is just waiting, let's put it aside. What do you think about the judgment?"

"You are talking about Dahua's technology, management and other aspects?"

"Yes. For such a large project, it is best to have a judgment report for the non-energy part, which is conducive to the adoption of the plan." Although Old Zhou can't explain it clearly, his thinking is clearer than most people. They all know the benefits of quantitative management, but they just don't say it normally.

Su Cheng hesitated for a moment and said, "I don't know there is such a judgment in China..."

Mr. Zhou laughed out loud, and then started coughing again.

Wan Quan quickly brought him a glass of water, and while gently stroked his back, he said to Su Cheng with a angrily: "Dr. Su, a company as big as Dahua Industrial, can't we ask the relevant departments to judge?"

Su Cheng seemed to understand. Yes, foreign research reports were just published by experts and professors from some schools or non-profit organizations, reviewing and researching them.

But no matter what organization it is, whether it wants to make a profit or not, it needs at least funds to maintain operations and conduct research. If the country does not give this money, it will have to beg for alms with a large company.

There is indeed no relevant evaluation agencies in China, so Dahua will fund one. How the environmental protection organization is built will fund the evaluation agencies.

Thinking of this, Su Cheng hurriedly said, "I understand. Dahua will find some institutions to judge."

"The experts and institutions that conduct judgments must be authoritative, preferably experts from the Academy of Sciences. The members do not understand technology, and after a report, it will be very beneficial to their judgment." The experts from the Academy of Sciences mentioned by Mr. Zhou are so-called academicians. Like the Academy of Social Sciences and the Center for Policy Research, the Chinese Academy of Sciences are also a national think tank. Looking at the history of early China's technological development, we can often see a certain scientist or several scientists jointly submit letters to the national leaders to clarify the importance of developing a certain industry or carrying out a certain reform, and then the national leaders give instructions and then make major decisions. Major scientific and technological events such as China's two bombs and one satellite, the 863 plan, are basically carried out in this context. These scientists are not actually reported upward in the name of scientists, they are actually national think tanks. It's just that era was not called that way.

Academicians appear in Mr. Zhou’s office all year round. But for Su Cheng, finding an academician is more exciting than finding an administrative leader.

Mr. Zhou saw his expression, thought for a moment, shook his hand and smiled, "Let Xiao Wan introduce you to you, be careful when choosing people."

Wan Quan agreed and saw that Mr. Zhou had nothing to say, so he smiled at Su Cheng and said, "Dr. Su, come with me."

After leaving the reception room, Su Cheng was still thinking about Mr. Zhou’s last words. Wan Quan first said: “Dr. Su, do you have any requirements for selecting people?”

Su Cheng said the truth: "I don't understand very much. Mr. Zhou said he should pay attention to..."

Wanquan has been in contact with middle-aged and elderly cadres who are over 40 or 50 years old all year round, and has a good impression of young cadres like Su Cheng. Seeing his sincere words, he also mentioned without hiding it: "Every State Councilor has a more trusted academician."

Su Cheng suddenly realized.

Senior leaders have to deal with many things and encounter many professional problems. Most officials do not understand specialized technology, but they understand people. Therefore, turning trust technology into trust people is a natural transformation.

Petrochemical bases involve state-owned assets, land resources, foreign trade, downstream petroleum industry chain, petrochemical industry, environmental protection, safety supervision, special power roads and ocean transportation, etc. They belong to different Countries of State Councilors. Therefore, if you want to win the vote of a certain State Councilor, you must choose the academician he trusts within his Countries of Representatives.

Su Cheng really understood now. Just looking for a "brick" to play the trick of TV shopping, even the politics of the 1990s would not work. Academicians who have reached the peak of their lives will not play tricks with a large company.

However, there is room for operation for any problem. Su Cheng looked at Wanquan Yishui'er's purity and knew that the operational problem needs to be considered by himself.

"I'll write a few names for you. Dahua Industrial can contact you first. The academicians are very busy and probably not that easy to find. However, as long as Formosa Plastic has not yet withdrawn, there is still time." Wan Quan wrote a note for him while saying that although Formosa Plastic has been approved by Taiwan, in such a project, the fact that there are still problems, and everyone's patience is about to be wiped out.

Su Cheng was holding a note and was about to make a sigh when a document was stuffed over again.

President Guan smiled and said, "Dr. Su, sign it."

They were still anxious.

...(To be continued!~!
Chapter completed!
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