Chapter 654 Responders gather
As expected, after everyone discussed feasibility in the first half of the Politburo meeting for a whole day, even the most intense opponents could not come up with a better alternative, so they quickly compromised and accepted the principles of this plan. When discussing the general operation method, they first argued about establishing an independent company to operate, or whether to expand and form a giant company based on the existing CNOOC.
For vested interests, of course, it is more appropriate to do it based on CNOOC, but most people oppose this opinion, and everyone is not stupid. The benefits contained in oil are so great that anyone can see that as long as they are not blind, this large-scale development is definitely the last feast in the domestic and even the world energy market. Those who are qualified to get a share of the pie will naturally spare no effort to get a shot. With at least 10% of the net profit every year, almost few industries in China still have such good things.
In contrast, this is definitely an extremely tempting report. Moreover, there will be a complete industrial chain from mining, transportation, refining, and sales. Even if it is invested 2 trillion yuan, the output value of the entire industrial chain will be more than one trillion yuan in a year. Therefore, it is natural that most people require independent operation. CNOOC can participate, but it is better to participate as one of the shareholders and technology providers.
So after a day of debate, a new operating framework was introduced, and two new offshore oil extraction companies were established. The initial names were Donghai Petroleum Co., Ltd. and Nanhai Petroleum Co., Ltd., which were responsible for oil mining in the East China and the South China Sea respectively. In the fundraising of the two companies, they will issue shares to major enterprises and investment institutions in China and the Chinese circle for RMB 5 billion. According to the current funding demand for construction capacity, the upper limit of the total share capital of the two companies is 2.5 trillion yuan, of which the capital of the public is about 200 shares, which means that one trillion yuan will be raised. The remaining part of the public capital will be withdrawn from foreign exchange reserves in the mainland and Taiwan respectively to inject funds into supplementary funds.
This compromise method basically takes into account the interests of most people in the Politburo and can meet the interests of various economic forces represented behind them. In addition, the threshold set is very high, 5 billion yuan is not a cash investment amount that ordinary forces can afford, which can greatly simplify the difficulty of fundraising management. After all, this oil feast is mainly shared in a small circle.
Although this plan has been used to provide guarantees for cross-strait foreign exchange reserves, after the introduction, everyone actually has a lot of concerns about whether the public fundraising part can achieve the expected goals. Although everyone was fighting for the power behind them at the meeting, it is already the limit to be able to invest 230 billion yuan in real money and invest in these two new companies. They still have to keep a lot of money on the relevant industrial chains. With the current domestic situation, most of the profits are concentrated in the downstream of the industrial chain.
After all, more than 1,000 listed companies representing the essence of domestic enterprises have nominal profits of more than one trillion yuan in a year, and at least 60% of them are contributed by state-owned banks and two barrels of oil. This money is naturally nominal book profit brought by policy monopoly, so you still have a clear understanding of the foundation of domestic companies and look at how many overseas Chinese can attract.
Only with different sources of funds can we break the situation where several domestic companies dominate. Only less powerful forces will have the opportunity to participate in this feast to share some of them. Those with refining backgrounds can do refining and those with sales channels can do terminals. This will naturally break the original monopoly situation. If it is just a support for the state's investment, it is best for everyone to lose money.
However, after the news spread in a small way, the enthusiasm of the outside world responded beyond everyone's imagination. Not only did Hong Kong, Macao and Southeast Asia move, but even those who were not able to invest alone had come up with solutions. They formed investment funds one by one by one through joint formation, and then expressed their willingness to invest through various channels. Therefore, in just a few days, this public equity subscription for Chinese-powered economies at home and abroad far exceeded the limit.
The company had just earned tens of billions of dollars of Oriental funds, and under the promotion of the old Li family, he applied for a subscription of 60 shares to 300 billion yuan in equity. Although entering the energy field of nuclear power, the old Li family made a big profit, when an unprecedented oil feast was placed in front of the old Li family, the old Li family believed that before mankind found a better automobile fuel, oil was still an irreplaceable hard currency energy and could not be replaced by nuclear power, so it had great investment value.
The war in the Gulf region endorsed the high future price trend of energy. As long as the oil controllers in other parts of the world are in the hands of large European and American capital groups, the world's oil prices will not be cheaper, especially when China needs a large amount of imports. So in the eyes of the old Li family, this investment is simply a profitable deal. As for the risks, as long as the People's Liberation Army can control the situation in the South China Sea and the East China Sea, the rest will not be worth mentioning. Compared with the North Sea oilfield where the mining conditions in the UK are extremely poor, the conditions in the East China Sea and the South China Sea are already considered good, and the cost will be much cheaper than imports. Moreover, supplying the mainland also has advantages in transportation, so the benefits of this investment are not bad at all.
As for the mining, the US and Japan are facing the quarrels of other countries in the South China Sea, the old Li family believes that this is not a problem after analyzing it. Because the People's Liberation Army, which just beat the Japanese pirates to the ground and could not find their teeth, in the eyes of the old Li family, it is obviously capable of controlling the situation. If they can knock them down on Diaoyutai, there is a way to reproduce this scene in the South China Sea.
What's more, the old Li family and the others have an advantage in information channels. Through the Politburo's strong aid and cooperation with Duke, they can learn about the latest new PLA equipment at any time. Although they have obtained not detailed information, it is enough to understand and judge the strength of the PLA. Now the main equipment of the PLA is still being updated at an accelerated pace, which fully shows that the PLA's strength will only become stronger and stronger in the future, and there will be no problem in fully controlling the South China Sea and the East China Sea.
Before the US and Japan are absolutely sure to defeat the PLA Navy and Air Force, they still dare not easily openly attack the offshore oil mining platform invested by the mainland. This completely exceeds the bottom line of action and will undoubtedly encounter strong revenge on the PLA.
Moreover, the money I earned from short last time is not very useful now. It is really appropriate to invest in this oil mining. This round of oil surge has already made the US capital, which has received the news in advance, so the old Li family will naturally not join in the fun again. Because there is a shortage of internal information, it may end up empty-handed and encounter the plot of European and American capital.
This kind of operation that has no insider information and no ability to control the disk is not the style of the old Li family, so it is better not to move.
In the long run, is it a high probability that oil prices will be strong or rising, or is it more stable to invest in oil extraction and real economy such as oil extraction. After all, oil prices will be affected by various news in the short term, and their fluctuations will be very frequent. For example, today the Persian Gulf War caused oil prices to soar suddenly, but tomorrow it was reported that the Chinese began to extract oil from the East China Sea and the South China Sea on a large scale, and it may drop significantly. In this case, it is too difficult to operate oil futures, so the Li family simply joined hands with Duke to make long-term investments.
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Chapter completed!