Rebirth 76: Industrial Internet Empire

Chapter 229 Northern Petrochemical Machinery Factory

"Is this what Yang Mo said?" Xu Yuanshan asked in a low voice.

"Yes, these are Mr. Yang's exact words!" the staff member said in a lowered voice.

Xu Yuanshan thought for a long time and then said: "Your Highness, we can make some concessions on the crude oil purchase quota, but you need to make sincere concessions on the interest rate and repayment date, otherwise, it will be difficult for us to negotiate. consensus!"

Prince Sheikh is also full of anxiety. In fact, the level of interest rates has little impact on him. Being able to sell more oil is his weight in competing for the position of crown prince!

In the end, both parties took a step back, and Prince Sheikh agreed to offer an additional 0.5 basis point discount to the Federal Reserve's benchmark interest rate, and to postpone the first 40% repayment period to the sixth year.

Xu Yuanshan returned the favor and increased the crude oil purchase quota for three new large-scale petrochemical projects to 55%.

After completing the signing, Prince Sheikh declined Xu Yuanshan's invitation to host a banquet due to his tight schedule.

"Mr. Yang, this Prince Sheikh is very difficult to deal with! Such a high crude oil purchase quota has completely disrupted our plan!" Xu Yuanshan said worriedly after seeing Yang Mo.

Yang Mo chuckled and said: "Believe me, during the construction of these three large petrochemical projects, your Petrochemical Corporation will definitely have other large petrochemical plants approved. This crude oil purchase quota is not a problem at all! Director Xu, do you believe it? Don’t believe it? At this rate of development, China may become the world’s largest crude oil importer in a few years!”

Xu Yuanshan shook his head and smiled bitterly: "You really dare to think! To become the world's largest crude oil importer, it will have to build at least 30 large petrochemical projects with more than 15 tons. Even if I sell it, I can't raise tens of billions of dollars. …”

Yang Mo struck while the iron was hot and said: "So the top priority now is to complete the autonomous process of large-scale petrochemical equipment as soon as possible, so that the Petrochemical Corporation can start the construction of multiple large-scale petrochemical plants at the same time. Director Xu, you also know that now a family of 40 A [-]-ton petrochemical plant is like a hen that can lay golden eggs. With this money, production can be used to drive research and development, and it can also feed back the domestic petrochemical equipment industry chain..."

The cakes drawn by Yang Mo looked very tempting and had certain operability. It was hard for Xu Yuanshan not to be tempted. Although he knew that Yang Mo was preparing the ground for the acquisition of the Northern Petrochemical Machinery Factory, Xu Yuanshan was still "willing to be fooled", but in the end I don’t know who was fooled!

Xu Yuanshan knows the current situation of the Northern Petrochemical Machinery Factory better than anyone else. People's hearts are floating and it is almost on the verge of suspending production. Zhiyuan wants to take over this hot potato, which is the best thing. Petrochemical Corporation and Northern Province just take this opportunity to get rid of this burden.

Thinking of this, Xu Yuanshan pretended to be embarrassed and said: "Mr. Yang, I have already reported Zhiyuan Group's intention to fully acquire the Northern Petrochemical Machinery Factory. The opinions above are not unanimous. After all, the Northern Petrochemical Machinery Factory is a petrochemical company." One of the backbone enterprises of the system, unless Zhiyuan can come up with a convincing acquisition plan..."

Yang Mo secretly cursed in his heart: You are fooling the devil!In just a few hours, you still reported it?It's too late for you to worry about the loan, and you still have to take care of the Northern Petrochemical Machinery Factory?I just want to sell it at a good price!

Yang Mo thought for a while and then said: "Director Xu, as far as I know, the Northern Petrochemical Machinery Factory has been in a state of semi-stop production. I have not seen their financial statements, so I am not sure whether they are insolvent. Zhiyuan actually just wants to I want a platform to get involved in petrochemical machinery, just to save a little time!"

"Northern Petrochemical Machinery Factory just has some operating problems, but it still has a certain amount of technology accumulation. There are no big technical obstacles to the final assembly, design, and manufacturing of at least 20 tons of petrochemical equipment!" Xu Yuanshan argued.

Yang Mo chuckled and said: "Director Xu, to be honest with you, the board of directors of Zhiyuan Group was initially inclined to acquire a German petrochemical equipment company. Although the acquisition cost will be higher, the subsequent investment will be relatively small, and it can directly undertake the construction of large-scale petrochemical equipment projects. , but the disadvantage of this is that it cannot drive the mainland's supporting industry chain, and when undertaking the construction of large-scale petrochemical projects in the mainland, it is even more impossible to quote in RMB..."

This is a naked inducement for Yang Mo. Domestic petrochemical production capacity is seriously insufficient. If the construction of large-scale petrochemical projects does not require the use of foreign exchange reserves, it will undoubtedly be an opportunity for rapid development for the entire petrochemical industry!

"70% of the equity of Northern Petrochemical Machinery Factory will be financed with US$1000 million from Zhiyuan Heavy Machinery to upgrade the equipment of the joint venture plant!" After Xu Yuanshan pondered for a long time, he finally reported the price that had been discussed long ago.

Yang Mo shook his head and smiled bitterly: "Not to mention the current net assets of Northern Petrochemical Machinery Factory, which may not even be 100 million US dollars. If you want to independently develop a large-scale petrochemical project of more than 30 tons, the subsequent investment may be an astronomical figure, and a large-scale Chemical laboratories, [-]-ton hydraulic presses, large-scale CNC boring machines, and milling machines. Just overcoming the patent traps set by foreign petrochemical equipment companies requires a large investment of manpower and material resources. Director Xu, are you sure that Petrochemical Corporation can follow the investment based on the shareholding ratio? So much money?”

"Mr. Yang, to be honest with you, this is the intention of the leaders above. The Petrochemical Corporation's shareholding will help the Northern Petrochemical Machinery Factory win the bid for large-scale domestic petrochemical projects in the future. Some key projects do not even need to go through the bidding process. Of course, the state's funds are tight, and it is unlikely that so much capital will continue to be invested. Then the equity can be diluted again!" Xu Yuanshan said with a "sincere face."

Yang Mo had to admit that what Xu Yuanshan said was not unreasonable. It was beneficial for Petrochemical Corporation to hold shares. Now it seemed that they had taken advantage of millions of dollars. This money would be used in the bidding process of large-scale petrochemical projects in the future. , almost negligible, and in a few years, it will be equivalent to the Maotai collected in the warehouse of a provincial branch...

Thinking of this, Yang Mo pretended to be very reluctant and said: "Since Director Xu has said so, I am embarrassed to refute your face, so let's do this! Zhiyuan Heavy Machinery invested US$1000 million to acquire the Northern Petrochemical Machinery Factory 80% equity, but I have a condition..."

This is a verbal trap that Yang Mo often uses in negotiations. The negotiating opponent will naturally ask him what his conditions are, which is equivalent to temporarily agreeing to his demand for 80% of the shares!

Sure enough, Xu Yuanshan almost blurted out: "What conditions?"

"Non-technical cadres and non-production personnel of the Northern Petrochemical Machinery Plant need to undergo the Zhiyuan Heavy Machinery assessment and remain in their posts. Those who fail the assessment and will not accept transfer or demotion will be arranged by the Petrochemical Corporation..." Yang Mo said lightly. .

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