Chapter 153 Big Borrowing

Wang Sheng actually didn't want to appear so soon. However, when he saw Su Cheng talking happily with Zhang Rongsheng, he couldn't help it.

If the two of them talk about the result, won't they let Taisu be blind?

Wang Sheng took Su Cheng's hand and laughed and said, "I just received a phone call saying that Dahua Industry has obtained the oil concession from the United Arab Emirates? It's amazing. CNOOC seems to have tried it before, but it doesn't work at all.

Chinese oil?

Su Cheng thought for a moment before he understood and smiled, "The CNPC you mentioned is Taiwan's [China] National Petroleum Corporation, right?"

"Yes, yes, yes, you also have a [China] PetroChina." Wang Sheng patted Su Cheng's hand and said with a smile, "If you take the oil field of the United Arab Emirates, Mr. Su Cheng's Dahua Industry is expected to become one of the world's top 500. It's really enviable. You graduated from Peking University in 1987, right? My father also graduated from Peking University. You must talk about it

Taiwan's PetroChina is now called [China] PetroChina, which is similar to [China] China National Petroleum Corporation, which was reformed by the Ministry of Petroleum, and is one of the top 500 in the world. Only when you go to Chen Shuibian's [Zhongzhong] Guohua [Yun] Dongzhong will the name be changed to Taiwan CNOOC. In the refined oil market on the island, CNOOC and Wang Sheng's Taiwan Plastics are fighting in full swing.

Zhang Rongsheng watched them chatting and held his breath. Seeing that Wang Sheng even his grandfather had sacrificed, he couldn't help saying, "Mr. Wang, you are not polite at all. I received Mr. Su first."

"Look at what Mr. Zhang said, why do you come first to pick up later? Otherwise, let's go to eat Wangpin's table plastic steak. It's my treat. Mr. Su, Formosa Plastics steak is a facade dish of our Formosa Plastics Group that specializes in entertaining VIPs. It was developed by the chairman's wife. Although it is a fully cooked steak, it maintains the tenderness of the beef. Absolute [middle] Chinese style steak is completely different from the bloody steak of foreigners. Wang Sheng spoke very fast, and there was no pause in the middle. Only in the last sentence, he gritted his teeth and used the affirmative sentence.

Su Cheng didn't like Zhang Rongsheng's Cao's operation style, so he nod and said, "Then I'm sorry to bother you."

"Don't bother, so let's take a shower first, then have a cup of tea, then taste the Taiwanese plastic steak, and then arrange some popular programs. What do you think?" Wang Sheng wanted to squeeze Zhang Rongsheng away quietly. The popular program is obviously not suitable for Zhang Lao, who is about to retire.

"Qing tea and steak are fine. You don't need to have a favorite program. I'm too tired today." Su Cheng smiled and held Zhang Rongsheng with his other hand. Suddenly, everyone in Changrong Group felt much better.

Wang Sheng said with a smile, "There are some programs, in fact, it doesn't take a lot of effort. Just lie down and rest."

Zhang Rongsheng couldn't help coughing hard and said, "Let's go for tea first."

"Please." Wang Sheng took another step in advance and welcomed Su Cheng to his car.

Zhang Rongsheng had to go to his own Bentley and follow him.

Taiwan plastic steak is really delicious!

Su Cheng has always liked to eat steak. This time, Wang Sheng chose his favorite project.

After eating one-third of the steak in one breath, Su Cheng laughed and said, "It is indeed a [middle] national style steak. Although it is fully cooked, it is not inferior to Felix. Well, especially the [middle] Chinese marinade, it is very characteristic.

Wang Sheng said happily, "What we eat is a chef's special table-plastic steak. If you say so, he may be happy. VIP satisfaction is the greatest honor of our Taiwanese plastics.

Su Cheng smiled and continued to attack the steak. At the same time, he thought: A hundred years later, Formosa Plastics may not be there, and Formosa Plastics Steak is expected to be there. 〖 Most of the corporate culture of Chinese enterprises is nonsense. It's better to engage in corporate food. What could be more suitable for table plastic style than "fully cooked [Chinese] national marinade steak"?

The three of them gossiped and ran out of steak and fish.

After Su Cheng was full of food and drink, he wiped his mouth with a napkin and said, "Taiwan is the first stop for my financing. Formosa Plastics and Evergreen Group are also companies that I think have the strength and interest to participate in oilfield financing. Now that the two representatives are here, let's talk about it together.

"Of course." Both of them stopped their knives and forks.

"Celebrities don't talk in secret. I believe you have all done the investigation. In addition to Dahua's business, I personally own a small number of shares of [China] National Petroleum Corporation, oil wells with a daily production of 1,000 tons, and two factories. My total assets are 50 million yuan, which is about 15 million US dollars that is not convenient to convert. And the oilfield exploitation rights of the United Arab Emirates start from 30 million US dollars. Su Cheng stopped for a moment, looked at their faces, and continued, "In order to win the bid, I hope to raise more than 40 million US dollars, and 50 million US dollars is better."

Before they could speak, Su Cheng chased after him and said, "I know that you will put forward all kinds of opinions, but 50 million US dollars is not so much for oil concessions, right?"

"However, the underwriting contract you signed is really a time bomb. In case it can't be completed, this loan will be very troublesome." Zhang Rongsheng shared the news he just got very generously.

Wang Sheng really wondered, "What underwriting contract?"

Su Cheng then explained to him: "I decided to underwrite the 18 million tons of NP in the United Arab Emirates. If it cannot be completed, I will lose the ownership of the oil field."

Wang Sheng was also stunned and said, "Your bet is really big. Do you know that the price of natural gas in the past two years has been falling all the way..."

"The price of natural gas is lower because the supply of natural gas in the United States exceeds demand, but this situation will soon end. I guess within one to two years, they will introduce a new bill to fight against the Power Plant and Industrial Fuel Use Act." Su Cheng has done his homework.

"Nevertheless, the risk is still very high." Wang Sheng giggled and said, "Actually, if we propose an underwriting contract, the United Arab Emirates will also give us an oil concession."

"If you propose a contract, you will take all the risks. Now, you just need to take the risk of borrowing. After saying that, Su Cheng laughed twice and said, "Actually, from another perspective, I paid such a big price that I not only got the oil concession, but also got the promise of the oilfield exploitation right. If I can't win the bid, the underwriting contract will not exist. So, you are borrowing money to an oilfield owner.

Su Cheng pointed to himself.

"How do you guarantee the underwriting contract?" Wang Sheng always asks this question.

Su Cheng spread out his hand and said with a smile, "Taiwan Plastics should be able to solve 2 million tons of NPE, which is used for power generation and the production of synthetic ammonia is very good. In addition, it is estimated that the mainland can solve more.

Wang Sheng now knows what Su Cheng is thinking. He laughed and said, "The cost of using NP for power generation is more than 20% higher than using crude oil and coal."

"But it can reduce pollution and increase the company's sense of social responsibility. I remember that out of environmental protection and social responsibility, Formosa Plastics produces 1.6 million tons of liquid alkali every year, and the production method has been changed from the mercury method to the ion exchange membrane method. The increased cost here is also 20%.

Wang Sheng smiled happily twice and said in detail: The United Arab Emirates still has some traditional natural gas markets, such as the Middle East, Europe and the United States. It is not a problem to continue to sell millions of tons through the UAE government. The remaining 1OOO is more than 10,000 tons. If Formosa Plastics consumes 2 million tons, and the mainland consumes another 3 million tons, there will be only 5 million tons left, up to 7 million tons. Although the task is arduous, it is not impossible.

In this way, the most important thing is to extract oil. As long as oil can be extracted, the remaining natural gas underwriting agreement will not drag down Sioux City.

Wang Sheng thought so and worried: What if he can't extract oil?

Su Cheng drank tea quietly. After drinking a cup, he knocked on the table and said, "I can order a batch of equipment from Formosa Plastics and add some orders for synthetic ammonia. In addition, I can underwrite a certain amount of petrochemical production. "You use this trick again." But Wang Sheng still took the bait. The scope of the financial crisis in 1987 was small, but it also affected the profits and sales of upstream manufacturers. The production of large-scale petrochemical equipment of Formosa Plastics cannot be stopped, and the stock of the warehouse has increased a lot.

He couldn't help asking, "How much can you underwrite?"

"Three to five varieties with more than 100,000 tons, a total of no more than 1 million tons." This is another huge promise, but Sucheng is not worried. [China] The Chinese market has a strong ability to embezzle industrial materials. The US dollar he earns will eventually be converted into RMB. It is easy to exchange industrial raw materials that are about to be in short supply.

Wang Sheng and Zhang Rongsheng now understand that Sucheng is gambling on the better market and the recovery and prosperity of the world economy.

However, this kind of macro thing is often the most difficult to judge.

"I'm going to make a call." Wang Sheng got up and left the box.

"Extended me, too." Zhang Rongsheng also left.

After about 20 minutes, the two people returned to the dining table one after another.

At this time, the table has been replaced with pure tea and champagne.

"The price of natural gas is on the market, which is 15% lower than the market price." Wang Sheng gritted his teeth and said, "At the same time, you need to provide 4 million tons of crude oil to Formosa Plastics and sign a five-year supply contract at the current price. At the same time, 1 million tons of petrochemical products will be undercontracted for 15 years and negotiated once every 5 years. In this way, we can borrow 25 million US dollars.

Taiping is different from Evergreen. Formosa Plastics does petrochemical business, while Evergreen wants to do oil trade. Therefore, Formosa Plastics hopes to buy oil at a low price and sell its products at an affordable price, while Evergreen hopes to get more oil.

As for natural gas, it is something that everyone doesn't like.

Su Cheng naturally prefers Formosa Plastics, and only said, "The price of crude oil is negotiated once a year, which is 25 million US dollars."

He knew that oil prices were going to soar, but no one else realized it.

Wang Sheng obviously did not consider this situation. He couldn't wait to shake hands with Su Cheng and said, "I agree."

Zhang Rongsheng didn't expect the two to make a promise so quickly, and he suddenly fell into an embarrassing situation.

After about 2 minutes, he said in a weak voice, "The five-year transportation agreement between crude oil and natural gas can be paid in dollars or oil. 20 million US dollars."

45 million US dollars, although it did not achieve the best goal of Su City, it is also an excellent case.

Su Cheng suddenly relaxed.

The problem of money has been solved, so it's time to face the most cruel oilfield bidding.