Volume 6, Section 78: I don't want to pretend, but I have to continue
As soon as he heard this, Sha Zhengyang knew that You Wangang had been moved by him, and this was an opportunity.
"Governor You, I suggest that Dongshen Coal Industry's expansion be suspended immediately. It is absolutely not suitable to continue to expand production capacity at this time. Otherwise, once the expansion capacity is released, it is afraid that it will be worse when facing a decline in coal prices." Sha Zhengyang shook his head repeatedly, with a firm attitude.
"I'm afraid this is not easy to deal with."
To be honest, You Wangang was already moved by Sha Zhengyang. So what happened to take a step back? After taking a look last year, the impact was not great.
The problem is that Wei Qingliang and Li Ming are both watching this project very closely, especially Li Ming.
After becoming the executive vice governor, this work enthusiasm was high and he had to ask about almost every job. You Wangang was also a little annoyed by this overly energetic executive.
In addition, Zhu Han has problems now and was also the director of the Changhe Petroleum Administration. Although he had made a warning in advance and had no concerns about it, he still had some leadership responsibilities after all.
Li Ming was a little unhappy when he failed to get involved in the Akjiubin project. Now he is promoting Dongshen Coal Industry Expansion Project and another Ito Coal Industry Expansion Project are what Li Ming values the most. So at this time, you will be suspended with a little unfounded prediction based on some unfounded predictions. I am afraid that Li Ming will really turn against him.
Seeing that You Wangang had not agreed after thinking for a while, Sha Zhengyang probably had some difficulties in this project.
Yes, the provincial government executive meeting has passed the meeting to report the projects of the State Planning Commission. The State Planning Commission has already approved it, which means it will be launched soon. How could it be suspended because of a judgment? Even Zhou Yuanwang probably doesn’t have such great power.
"Secretary of You, if the Dongshen expansion project really cannot be suspended, my opinion is that the expansion project of the two coal industries of Changliu and Fuhu must be suspended, otherwise the problem will be very serious." Sha Zhengyang paused, "Besides, it is possible to carry out large-scale acquisitions and mergers in various provinces and cities along the river in the name of establishing sales companies. Please push the expansion project of the two coal industries of Changliu and Fuhu until the second half of next year, which is only a one-year delay. At that time, I believe the situation should be clear."
"Zhengyang, do you really think that Thailand's problems will affect our country?" After a long time, You Wan said slowly.
"I'm sure." Sha Zhengyang thought for a while, "Mr. Qian Zhibai, vice president of West China University of Finance and a well-known economist, made predictions on this issue, and the conclusions drawn were basically consistent with my views. He believed that a financial crisis in Southeast Asia would have a certain impact on our domestic economy. Of course, our domestic economy is relatively resilient. With the factors of reform and opening up, productivity is being released quickly, so this time will not be too long. My judgment is that it will disappear for as long as five years and as short as three years, so I just recommend suspending and postponing rather than stopping."
"Oh? Is this view of Principal Qian?" You Wangang was excited. This was a good help. "What about other domestic economists' attitude towards this?"
"The responses are different, but the mainstream view still believes that Southeast Asian governments can overcome difficulties and resist these risks, so they will not have any impact on our country." Sha Zhengyang shook his head.
You Wangang was a little disappointed again.
Without sufficient persuasion, it is difficult for him to believe that coal prices have reached their peak. The next two years are not a good time to expand production, especially when Li Ming is performing very strongly now.
"Zhengyang, if it is really as you said, the real coal industry should be stable. If these projects can be temporarily shelved, at least nearly 500 million yuan of funds can be freed up." You Wangang pondered, "Dongshen Coal Industry alone will have more than 200 million yuan in investment."
"It's probably difficult. It's also a large project of a new coal mine with an investment of more than 400 million yuan, along with a series of coal washing plants, and is also preparing to launch a coal chemical project. The total investment may be over 600 million yuan. Provincial President Li also attaches great importance to it. Last time, Director Gong of the Coal Industry Bureau and the others accompanied Provincial President Li to the Coal Industry and Changliu Coal Industry for investigation. Provincial Director You were in Yanjing at that time, and I accompanied him. I felt that they were very confident in the price of coal and believed that the price of coal will be high in the next few years...."
Zhong Guangbiao's words made You Wangang nod and speechless.
Gong Zhonglun and Xiang Wenbo are optimistic about the rise in coal prices, and have been boasting in front of themselves that the increase in coal prices will continue to rise in the next three years.
You Wangang was still a little moved at first, but now Sha Zhengyang has accurately predicted that there will be problems in Southeast Asia's economy, which makes him a little alert.
He knew about the financial chaos in Thailand because he had a classmate from the Central Party School who was in the People's Bank of China. The last time he went to Yanjing, he went to visit him. He accidentally talked about the risks of Southeast Asian economy.
The other party was surprised at the time, why did he pay attention to this area? A few days ago, the classmate mentioned the financial crisis in Thailand when he was on the phone with him. He felt that his judgment was very accurate, but he didn't know that he was just expressing some of Sha Zhengyang's views.
In other words, Sha Zhengyang thought that something was going to happen in Southeast Asia in October last year. It may be that Sha Zhengyang borrowed Qian Zhibai's views, but no matter how Qian Zhibai's views were not mainstream in China, Sha Zhengyang dared to be very sure that this situation would happen, which shows that this guy has strong judgment ability.
In this case, wouldn’t it be much more cost-effective if these unnecessary investments can be stopped and transferred to the merger and acquisition construction of the sales network system?
But there are some things that You Wangang can't do.
As the executive vice-governor, Li Ming must have much greater voice than You Wangang. Moreover, this person is generous on the outside and jealous on the inside. Sometimes he is particularly stubborn. It is unlikely that what he believes is overturned without sufficient basis.
Since that's the case, let Li Ming make trouble. Of course, he can express his attitude in an appropriate occasion, which is enough.
Ito Coal Industry and Dongshen Coal Industry, the two largest coal companies in the province, have both expanded production. If the results are not good, it will be a big deal, and it will be enough for Li Ming to have a drink.
"Zhengyang, I think this is the case. We still have to find a time to report to the main leaders of the province. If it is not good, we can block the expansion projects of Changliu Coal Industry and Fuhu Coal Industry. As you said, even if it is delayed until the second half of next year, the situation will be clear. No matter what choice it makes at that time, it will be very simple."
You Want to make up his mind.
On the contrary, Sha Zhengyang hesitated a little, "Governor You, is this appropriate?"
Sha Zhengyang really doesn't want to show off in front of the main leaders anymore.
Too much is not enough. In the past few months, he has already made a lot of attention and attracted enough attention in front of the two Zhou kings. If this continues, he will probably become the target of public criticism.
"Zhengyang, I know your concerns, but they are important. We must fulfill our responsibilities, right? I personally still think it is unlikely that Dongshen Coal Industry and Ito Coal Industry projects will be suspended. The approval of the State Planning Commission is not something that can be obtained casually. It has also taken a lot of effort. There are no particularly major changes. Basically, this is definitely going to happen."
You Wangang's words also made Sha Zhengyang understand that this is doing his best, and at most it would be to postpone the expansion projects of the two coal companies Changliu and Fuhu.
In fact, the new phase expansion of Changliu Coal Mine was only completed at the end of last year. It has only been half a year. It is probably because of the good situation where coal prices remain high and hit new highs again, so a new coal mine project was launched again, with production expansion of 4 million tons.
Fuhu Coal Mine also wants to expand production by 4 million tons, but Sha Zhengyang cannot let these two companies act recklessly. The production capacity has expanded, sales have fallen, coal prices have collapsed, loan benefits and workers' wages are indispensable, and it would be great to use the expansion funds for the acquisition and construction of Lu Tonghao.
If you can do it, you must do it, otherwise you will be uneasy.
"Secretary of the People's Republic of China, I am considering that even without the expansion of the three major coal industries, our pace of establishing a sales network cannot be slow, but can only be fast. I have established a question for President Lu, that is, issuing corporate bonds, first raise some short-term funds, build mergers and acquisitions, and build joint ventures with provinces and cities. It cannot be delayed. If it is delayed, it may change."
Issuing corporate bonds?
You Wangang and Zhong Guangbiao are not very familiar with issuing corporate bonds. They have heard of this thing, but have not actually done so. The companies under Changhe Energy basically need mortgage loans to banks.
"Is there any more?" You Wangang was still feeling unsatisfied, and Sha Zhengyang could always bring him some unexpected surprises.
"There is also the operation and listing. This is the must-take path for our Changhe Energy Group. We can raise funds through the stock market. However, how to operate the listing is whether to operate the Changhe Energy Group or some branches, such as Changhe Oil or one of the three major coal industries, we must consider it, and now we should do it first."
Sha Zheng Yangneng said everything, but as for the final result, no one can confirm it.
'"Well, Zhengyang, you have to prepare some things. Let's talk about the specific time. Then you have to use these things to report to the leaders. This is also the case, and you don't have to worry too much." You Wangang comforted Sha Zhengyang, "As long as time can prove that we are doing this correctly, I believe that many things in the future will be much easier."
After all, I have to go there again.
Sha Zhengyang's psychological state has been trained, and there is no such feeling of worrying about gains and losses in many people, because he knows that history will prove his correctness.
Chapter completed!