Chapter 287 Investigation Report
"Manager Wen, Dahua's investigation report is ready." The secretary put a white paper of more than 300 pages on the desktop.
"It's finally done." Wen Zhaohong looked at the "Dahua Report" on the cover with red eyes and couldn't wait to fall on the table and fell asleep immediately.
A week ago, he followed the instructions of the general manager of Sinopec to investigate Dahua Industry. For the senior management of Sinopec to make decisions. Sinopec is the only large-scale central enterprise that is really interested in the Haicang Plan. Similar to Formosa Plastics Dahua, they also expect to be wholly owned or take as many shares as possible.
Under the pressure of high-level officials, dozens of leaders of Wen Zhaohong worked overtime and finally completed the basic investigation - in the [Zhongzhong] National Mall, which has to do everything by itself. This kind of investigation is quite hard.
On January 16, while the investigation report was still being printed, Wen Zhaohong heard that Dahua Industrial Group had received $200 million in the London oil futures market.
I didn't say anything, the investigation report was redoed.
200 million US dollars does not affect the overall situation. Wen Zhaohong thought so at that time. The investigation report of more than 300 pages was only changed by less than 50 pages, but he just worked overtime for another day and night.
Wen Zhaohong stayed up for another day and one night, his eyes were like rabbits, and then he heard that Dahua Real Group had won another $4+400 million in the London futures market.
$400 million in cash and $400 million in book profits are enough to change and subvert the entire investigation report.
Wen Zhaohong had no choice but to announce the redo of the investigation report. In order to catch up with the time, the person who had just returned home from the holiday was pulled back, and then added another person from the office to balance the weak guy.[]
This time, he modified the 200-page report. I came to a different conclusion.
Wen Zhaohong picked it up and read it again. After confirming that it was correct, he held on to his energy and said, "Oy, I'll show it to the general manager. You all go and have a rest."
The secretary stumbled out to announce that he had not slept for two days.
There were bursts of cheers from outside.
The employees who participated later became rabbits. What was added in front was like a skinned rabbit. Not only were his eyes red, but his whole body turned red.
Three days of sleeplessness. Just to make an investigation report of Dahua Industrial Group. Wen Zhaohong shook his head. A week ago, he could say that it was not worth it. Not now.
Dahua Industry, which has a worth 1 billion US dollars, can be stronger than any enterprise in China. Its assets are naturally not as much as PetroChina or Sinopec, but its cash flow was one of the best in the early 1990s.
While state-owned enterprises gain national advantages, they will also become bloated and bureaucratic. It is impossible for Sinopec to get 1 billion US dollars. They need to break down the tasks step by step and obtain funds separately. Even so, 1 billion US dollars will have to be made great efforts.
It is something to be proud that a general manager can do such a thing twice.
Wen Zhaohong finally took a look at the capital of Dahua Industry, and suddenly thought of the question Kang Qingfeng a few weeks ago: "Does Dahua Industry have 500 million US dollars?"
That is the minimum amount of funds for ** to start the ethylene project.
Now it seems. Dahua explained this problem.
Thinking of this, Wen Zhaohong could only sigh at Su Cheng's good luck, and then picked up the investigation report and prepared to go to the general manager's room.
The secretary suddenly returned.
"What's wrong?" Wen Zhaohong doesn't like "surprises" now.
"The oil price has fallen by another two dollars." The secretary doesn't want to say it, but he must.
Wen Zhaohong's spirit cannot be concentrated. He asked muddle-headedly, "What's wrong with that?"
"Dahua Industrial has a book profit of $85 million, at least."
"Tell me again if it's more than 100 million. The investigation report is not a draft. You can change it if you want. Wen Zhaohong's bad temper is sleepy.
The secretary gasped and whispered, "The previous $40 million was not included."
"What's 40 million dollars?"
"The dollar that fell from last night to today was not included, so Dahua made another profit of $120 million. Or 130 million."
"One day?" Wen Zhaohong knew that he had asked a stupid question. Of course, Dahua can earn hundreds of millions of dollars a day. 100 million dollars is nothing.
The bad thing is that the investigation report has to be rewritten again.
Wen Zhaohong suddenly had the impulse to vomit blood, and said for a long time, "Go and find someone."
"Yes...but, everyone can't stand it anymore." The secretary knew that there would be such a stubble, but it was really painful. He kept staying up late to revise the survey, risking that the survey would be revised again... It was really tiring and meaningless.
Wen Zhaohong waved his hand tiredly and said, "The more this time is, the more you have to stick to it. Dahua's problem is urgent."
The secretary had to run out of the room, and soon there was a lot of mourning outside.
There are not so many flood pipes. For Sinopec, the ethylene project is a very serious topic. Just like Taiwan's CNOOC is not willing to build six light companies in any way, and Sinopec is not willing to have other enterprises involved in upstream chemical raw materials. For their industry position and market share, the threat of 700,000 tons of ethylene is too great.
Sinopec cannot stop domestic political tasks, and preventing Dahua Industry from getting involved in it has become a top priority.
In the past, they didn't take Dahua Industry into view, and the 700,000 tons of ethylene project could not be taken over casually.
It was not until the capital of Dahua Industry exceeded 1 billion US dollars that Wen Zhaohong was worried.
It should be said that the whole senior management of Sinopec is in a hurry.
They sat together and discussed for two days. In addition to brainstorming, they designed the negotiation process of the substitute Haicang plan, and waited for Dahua Industry or other companies to negotiate.
Two days later.
Three days later.
There has never been any news from Dahua.
It was not until a week later that news came from Zhangzhou that Dahua Industry continued to start construction, and the scale was better than before.
Dahua is a private company of **. As long as you have money, you can build a factory, expand the scale and so on. There is no problem. Sinopec is a standard central enterprise. There are certain norms for everything you do, and you can't run to build factories at will.
Under the absence of a conclusion on the plans of Formosa Plastics and Haicang, how can they go to Haicang to build a factory?
As a result, the situation became strange.
Before the outbreak of the Gulf War, Formosa Plastics' intention to delay had been exposed. However, due to the Gulf War, the meeting between Wang Yongqing and the leaders of [Zhongzhong] was postponed to the beginning of February.
Between mid-January and early February, Sucheng not only expanded the methanol factory, but also made more preparations. He set up a separate ethylene department, began to buy suitable ethylene equipment, and purchased the drawings of large ethylene and measured the land.
The latter was completed with the help of the emerging group.
These tasks are the pre-work of the Haicang Plan. Formosa Plastics has done part of it, and Sinopec and PetroChina have not done it at all.
It can be said that with this time difference, Su Cheng walked to the front of Sinopec again, and walked ahead with a check.