The situation has changed again here, because the two barrels of oil should not be reorganized until 1998 to form a group company and a limited company.
It now seems that the flapping wings of Yao Yuan's butterfly once again changed the original history.
If you think about it, you can understand that the national foreign exchange reserves in the same year in the previous life were only about 3 billion US dollars, but now they are approaching 10 billion US dollars, most of which were created by Dongfeng Group.
After Mr. Li left, Xia Honghua presided over the next meeting without hesitation. The leaders of the Ministry of Energy were still sitting there, no different from before.
Halfway through, Xiong Jinhua from China National Offshore Oil Corporation made an excuse and left. It was pointless for him to stay. Also, the Corporation had decided not to participate in the East Coast Petrochemical Base Project. The only ones left were Yao Yuanhe Petroleum Corporation and Petrochemical Corporation.
things.
When it comes to actual interests, the three parties fought with swords and swords, and after more than three hours of negotiation, the following agreement was reached.
Southern Industrial invested US$5 billion to occupy 66% of the East Coast Petrochemical Base, with absolute control and holding rights. The National Petroleum Corporation and the National Petrochemical Corporation equally divided the remaining 34% of the shares, using personnel, equipment, technology,
Part of the investment is made in cash.
This is the result of constant compromise among the three parties.
As compensation for Yao Yuan, Dongfang Petroleum was allowed to operate the wholesale and retail of refined oil products in Guangdong Province. The prefix "automotive" was gone. This was a small benefit that Xia Honghua obtained for Yao Yuan.
From the current point of view, in the east coast petrochemical base cooperation plan, Southern Industrial has suffered a big loss. The Petroleum Corporation and the Petrochemical Corporation basically used severely undervalued resources and part of the cash (Chinese currency) in exchange for value
The value of the US$5 billion shares shared equally by the two companies has exceeded their own asset valuations.
Because no matter how the shares are divided, or how many shares Southern Industrial holds, the remaining shares are worth US$5 billion, because the total investment is US$10 billion.
If calculated according to the shareholding ratio of Southern Industrial, the total investment will not reach 10 billion US dollars. This also means that Southern Industrial needs to continue to invest to fill the gap, but it does not have to be in US dollars. It can be in Chinese currency, or
It can be technology, etc.
All in all, at present, Southern Industrial has suffered a big loss.
But in the long run, Dongfang Petroleum has obtained the license to operate the wholesale and retail of refined oil products, and Yao Yuan has personally obtained the qualification to invest in Petroleum Group Co., Ltd. and Petrochemical Group Co., Ltd.
This thing went particularly smoothly.
Wen Tiejun and Zhang Huaide knew that they had taken advantage of Yao Yuan in the petrochemical base project, so they were very happy and intended to compensate Yao Yuan in this regard.
The total assets valuation they gave of Petroleum Group Co., Ltd. was only 18 billion Chinese dollars, while that of Petrochemical Group Co., Ltd. was only 13 billion Chinese dollars.
This is the real total asset value, and they did not include the company's development potential and intangible assets, which surprised Yao Yuan.
Therefore, Yao Yuan personally invested 500 million Chinese dollars to acquire 2.8% of the shares of Petroleum Group Co., Ltd., and became the only natural person shareholder. He also served as an independent director of Petroleum Group Co., Ltd. At the same time, Dongfang Petroleum invested 1 billion Chinese dollars to acquire Petrochemical Group Co., Ltd.
7.7% of the shares, becoming the only private enterprise holding shares.
From today on, even if Yao Yuan does nothing, even if all his companies go bankrupt, he can easily become a billionaire just by relying on the dividends from Petroleum Group Co., Ltd....
Ten years later, the annual profit of Petroleum Group Co., Ltd. will reach 80 billion Chinese dollars, and Yao Yuan's 2.8% stake will receive 2.24 billion Chinese dollars.
This is the original stock!
Everyone was so happy that no one realized that it was already past nine o'clock in the evening and no one had finished their meal.
After declining the invitations of Wen Tiejun and Zhang Huaide, Yao Yuan and Xia Honghua went to the downtown area to drink beer and enjoy the pleasure of eating skewers from a northern roadside stall before the temperature in the capital cooled down.
After a dozen skewers and two bottles of beer, the two finally recovered.
Yao Yuan asked, "The Ministry of Energy is the competent department of energy companies, but in today's two meetings, the leaders of the Ministry of Energy did not speak, and they did not speak from beginning to end. Why is this?"
This is a very strange phenomenon. It stands to reason that the plans of Petroleum Corporation and Petrochemical Corporation also need to be approved by the Ministry of Energy. However, throughout the whole process, neither Wen Tiejun nor Zhang Huaide had the slightest intention to consult the Ministry of Energy. The leaders of the Ministry of Energy
It is an attitude of resignation.
Xia Honghua wiped her mouth and said, "The Ministry of Energy is about to be abolished. They attended the meeting just to show off. Whether they agree or not is meaningless."
Yao Yuan really couldn't remember when the Ministry of Energy was abolished. He only knew that before the establishment of the State-owned Assets Management Commission, the management of Tianzihao state-owned enterprises was the responsibility of several ministries and commissions such as the National Development and Reform Commission. In fact, this aspect of management has always been there
The problem with multiple lines is that two barrels of oil are too huge and very powerful. In the end, they often have to take care of themselves.
However, after the Economic and Trade Commission, Planning Commission, and Restructuring Commission merged to form the National Development and Reform Commission, it took charge of almost everything. Later, the State-owned Assets Supervision and Administration Commission was established to be responsible for the management of state-owned assets, and the relationship was slowly straightened out.
Yao Yuan asked, "Lao Xia, tell the truth, do you have a part-time job at the Physical Reform Committee?"
"Part-time jobs are formal positions. Both the Structural Reform Committee and the Planning Committee are official positions." Xia Honghua said.
Yao Yuan was stunned, "One team and two brands?"
"It doesn't count, but the overlap of personnel is relatively high. It may need to be sorted out. I can disclose it to you. I should be specifically responsible for the work of the Structural Reform Commission." Xia Honghua said.
After the socialist market-oriented economic development route was determined, the role and power of the Planning Commission shrank significantly, while the role and power of the Restructuring Commission increased, and it was responsible for the reform of the national state-owned enterprise system.
Judging from Xia Honghua's performance in the past few years, he would definitely make progress if he were to hold the post of full-time Structural Reform Commission, and that would be the deputy director.
"Congratulations in advance." Yao Yuan smiled and raised his cup.
Xia Honghua smiled and clinked glasses with Yao Yuan, "Xiao Yao, let me tell you the truth. The state-owned enterprise restructuring you carried out in Tianfu and Nangang areas was very successful and your experience is very good. The next step of the Structural Reform Commission will be to select candidates nationwide."
A group of companies will come out to conduct a wider pilot project. Basically, at least one company from each province will be selected, and you will have to help when the time comes."
Participating in the restructuring of state-owned enterprises has always been the last thing Yao Yuanxin wants to do, but he has already done so even if he doesn't, and it seems that he will not be able to avoid it in the future.
He can only try his best to achieve a win-win situation.