Chapter 775 Bonds
"God of Wealth?"
Qin Jiangyue and the group of leaders of the road bureau behind him looked at Fu Zhiheng up and down, shook his head.
"Old Fu, we all know that you, Shengjing Bureau, are rich. Good guy, you have billions of dollars a year, which is amazing!"
"Yes, yes, looking at our country, the route with an annual transportation volume of 100 million tons and a profit of 4 billion yuan is your white embroidered thread."
"Two years, six hundred and fifty kilometers, people have a great capital. Why, are you jealous? Just jealous..."
Fu Zhiheng and Shengjing Bureau are rich, but they are all leaders of the Road Bureau, and they are not self-employed bosses who do business outside. If you have money, what are you doing to us?
If you have money in Shengjing Bureau, you are the meat in the pot of Shengjing Bureau. We don’t necessarily say a few good things. You Fu Zhiheng can take out the money from Shengjing Bureau and build railways for other road bureaus. In fact, everyone knows the current situation of Shengjing Bureau.
With the first start-up capital, we naturally have to continue to transform the existing railway network in the Northeast, which is too mature, and there is no allowance to build new railway lines. The railways are paved to the township level below. In other areas, some remote prefecture-level cities have not yet opened railways in 1990s.
The Shengjing Bureau’s existing wire renovation of more than 8,000 kilometers is more than 3 million yuan, even if you invest three million yuan per kilometer, it will be more than 20 billion yuan. This is just the construction cost of materials such as laying rails, changing sleepers.
But the same is true, a modern system cannot be handled with funds and equipment, otherwise there will be no such examples of countries failing to impact industrial upgrading. Shengjing Bureau wants to upgrade existing cables. The scale of construction machinery of your China Railway No. 9 Bureau has to expand? The management system has to keep up? The unit transformation or even replacement, subsequent management and maintenance, maintenance center and operation system must also keep up.
There is also the tdcs for building a railway and a tdcs for building a road bureau. Can this be the same in complexity? Can training a locomotive section operates the same as conducting the entire road bureau training? There is no need to worry about the source of freight for the Baiyinhua line, but if the existing line is fully transformed, what will you use within the jurisdiction of Shengjing Bureau to supplement the explosive transportation capacity?
These problems seem to be not only a matter of money, but it is absolutely impossible to have no money. You are rich in Shengjing Bureau, but no one believes that it is useless to have a penny in Shengjing Bureau at this time.
Since that's the case, why did you say that you are the "God of Wealth"? Sorry, everyone didn't sleep well last night, and they really didn't have the mood to pretend to be x with you.
Fu Zhiheng was stunned for a moment, and then realized that the people in front of him had misunderstood him, and he couldn't help but feel a little amused.
He had to take a step forward, turned his body and pointed at the person beside him, and said, "I said, everyone, you really don't know the good people's hearts! The God of Wealth I am talking about is not myself, but the one around me, so I won't keep it. Let me introduce it to you."
After Fu Zhiheng said this, everyone looked at him. No one noticed the young man next to him before, but the person who came was too young and looked just in his twenties.
Most of the people who can reach the level of a road bureau leader are in their forties, or even fifty or sixty. Young people in their twenties can basically not even give a direct eye in the road bureau. This kid can stand beside Fu Zhiheng, probably because he has a considerable background at home, but even so, it is not worth the effort of all the big guys. There is no need for that.
However, when Fu Zhiheng made a gesture and introduced it with a serious and cautious attitude, they realized that the protagonist today was not the "future Minister of Railways", but such a young man?
"Everyone knows what the situation is when our Shengjing Bureau can repair the white embroidery thread. If we say that based on ourselves, this railway will never be built. It was China Railway Construction Investment Bank that gave us a low-interest loan of 6 billion yuan, so we completed this project."
When Fu Zhiheng said this, the leaders of these road bureaus suddenly widened their eyes. They are all talented people. Not to mention the heroic spectrum of the whole country, at least the heroic spectrum of the railway system must be memorized. Although China Railway Construction Investment Bank is a new thing and has a few years of history in total, it is really the son of the Ministry of Railways!
The relationship between China Railway Construction Investment Bank is not complicated. What kind of foot is it? Ordinary people may seem confused, but no one present doesn’t understand? The establishment of China Railway Construction Investment is purely to help Hu Wenhai “spend money”.
Since we know the relationship, looking at Fu Zhiheng's attitude towards this young man, how can we not understand what this person is?
"The fact that China Railway Construction Investment Bank has such great determination to support us is inseparable from the Hu of Xinke. Today I will introduce to you the relatives of our railway system, Mr. Hu Wenhai, Mr. Hu!"
After Fu Zhiheng said this, the leaders of various bureaus made a big turn of 180 degrees. He looked a little impatient before, but now he is all over.
"Hu...Mr. Hu?"
"Hu Wenhai of the new science department?"
"Wow, this is a real person?"
"It's amazing, Lao Fu, you are really interesting!"
The leaders of the Road Bureau praised Fu Zhiheng, but their eyes never left Hu Wenhai. They looked one by one, if they were not a little reserved, they would have to tear Hu Wenhai apart and swallowed it.
"Hey, I don't have three heads and six arms, and I'm not a big beauty. Don't look at me like that." Hu Wenhai smiled awkwardly and introduced himself: "New Co., Ltd. Hu Wenhai is like a fake one."
"Mr. Hu, Mr. Hu!"
Qin Jiangyue took the crowd for a moment, took a step and directly copied Hu Wenhai's hand, clenched tightly and said, "I am from Bingzhou Bureau, my name is Qin Jiangyue! As long as China Railway Construction Investment supports us to repair the Daqin line according to the new standards, I will borrow all the usury loans!"
"Old Qin, it's not your turn to borrow usury. Our Imperial Capital Bureau is the supervisor of the Daqin Line..."
"How much does the route built on the North China Plain of the Great Qin Line cost?!" Qin Jiangyue simply glared at the people of the Imperial Capital Bureau. Two years ago, he, the director of the Bingzhou Bureau, was still at the same level as the Imperial Capital Bureau! This tiger was not defeated, and he seemed to have to fight one first if he had a disagreement: "How about we change it and let the Imperial Capital Bureau come to our Jin Province to build the railway?"
"you……"
The leader of the Imperial Capital Bureau was criticized for a while, but he did not dare to continue fighting with Qin Jiangyue, who was trying to eat people. However, the people of the Imperial Capital Bureau stopped, which does not mean that other road bureaus would also sell him this face.
Director Liu of Shangqiu Bureau was also famous for going down the mountain. He immediately intervened: "The Imperial Capital Bureau is not good, our Shangqiu Engineering Construction Group is very interested. As long as the money is in place, we can also repair the road from the Jin Province of the Great Qin Line! At worst, it will be repaired, and it will be the same if this road is left to our Shangqiu Bureau to operate."
"Anyway, the operating company also needs to carry out shareholding reforms. It is not impossible to negotiate to introduce shares of Xinke Group or China Railway Construction Investment at that time..."
"Don't just talk about the Daqin line, our Rongcheng Bureau is not without resources. The mine transport from Panzhihua will not make less money than your Jin Province!"
"If you want to talk about economy, then it's the best thing for our demons!" A Cantonese voice that was not willing to be outdone sounded among the crowd: "The loan is the least you need to worry about risks!"
...
Seeing that the leaders of the road bureau were about to make a fuss, Hu Wenhai patted Qin Jiangyue's hand and said loudly: "Director Qin, don't be anxious, all the leaders of the road bureau are not anxious. There will always be money for building railways, but you can't rely on me alone, right? I'm sure I'm willing to lose everything in the railway investment, but this must be allowed by the state..."
Yes, after Hu Wenhai said this, Qin Jiangyue and all the leaders finally calmed down.
The railway company wants to reform the mixed ownership system, so it will be gone. Now the railway is a national specialty, and its personal identity is the richest man in the world. You don’t want to pay a down payment to China Railway.
As for the Ministry of Railways and private borrowing money...
There is a professional term to call this practice, which is called: targeted financing. As a national unit, the Ministry of Railways dared to do this in the 1990s? What if the money was not paid back? Should we convert debt to equity? Is there a possibility of state-owned assets being lost?
If things are really that simple, Hu Wenhai didn't have to put a layer of China Railway Construction Investment's vest to deal with his investment assets of tens of billions of dollars.
Qin Jiangyue was a little unwilling to give up and gritted her teeth and said, "We can also borrow from China Railway Construction Investment Bank. We will mortgage whatever China Railway Construction Investment likes!"
Hu Wenhai pondered and shook his head softly: "China Railway Construction Investment... Haha, China Railway Construction Investment Bank is a financial institution. Although I am one of the shareholders, it is not convenient to directly interfere in specific business. But there must be one thing that all road bureaus are equal in the view of China Railway Construction Investment."
After hearing this, Qin Jiangyue felt a little cold.
Hu Wenhai’s meaning is very simple. They are all under the Ministry of Railways. Not only are you, Bingzhou Bureau, the biological bureau, who can visit Baiyinhua, is not one of the princes? China Railway Construction Investment really wants to lend you the Bingzhou Bureau, so why should you refuse loans from other road bureaus?
By then, the national railway system will be built, and China's nearly 60,000 kilometers of railways will be renovated according to the new standards, so China Railway Construction Investment will not have to do anything else. A small investment of 200 billion yuan can be obtained by China Railway Construction Investment? Even if it only renovates the main freight route, China Railway Construction Investment will be a bit difficult to make this money.
In this way, the Ministry of Railways will have to make the decision. As for China Railway Construction Investment Bank, it is definitely not convenient to make this decision, and it is not appropriate to decide the order of resource allocation for each bureau on behalf of the Ministry of Railways.
The "wonderful" of capital is particularly obvious in the issue of railways.
From a human intuition, capital clearly does not need to exist. Taking the Daqin line as an example, Jin Province has coal mine energy and Hebei Province has industrial technology. The combination of the two is a clear win-win situation.
As long as Hebei Province gets coal, it can produce steel. Steel is used to the railway to increase transportation capacity. If the transportation capacity increases, the province can expand production capacity. This should be a win-win and mutually beneficial rapid growth process.
However, before capital intervention, Hebei Province could not hand over steel to the railway, and the railway could not expand its transportation capacity. Jin Province could not sell coal and could not expand its production capacity, so it became a vicious cycle and no one could move.
Only by investing "capital" can these resources flow and become real wealth.
Seeing Qin Jiangyue's eyes dimming, Hu Wenhai smiled and finally pulled his hand out of his pliers-like palms. Director Qin was a switchman in his early years, and the calluses on his hands were thicker than bear's paws.
"Director Qin, leaders, we should look farther." Hu Wenhai took a step back in fear. He really didn't expect that these road bureau leaders would be eager for funds to such a point: "Money, after all, isn't it just a piece of paper? Capital is actually not as difficult as everyone thinks."
"If I can't solve this problem, I won't be here. However, it's impossible to say this problem with hundreds of billions of dollars in this matter. It's impossible to explain it clearly in just one or two sentences, right?"
Fu Zhiheng quickly stood up to help. He was a full man and didn’t know that the hungry man was hungry. He ignored the desire for funds by all the leaders of the road bureau: "Everyone, the conference room has been prepared long ago. If you have any questions, let’s sit down and talk, sit down and have a good talk!"
Dear road bureau leaders, look at me, look at you, and have to suppress your restlessness and follow Fu Zhiheng to the conference room of the office building in the mining area.
The conference room in the mining area was a bit simple, but fortunately the place was large enough. Everyone sat around the conference table, and the atmosphere was solemn as if they were going to the battlefield. Dozens of eyes were staring at Hu Wenhai, hoping to count the hairs on his body.
"The existing railway freight line will definitely be renovated in the future. This money is not a small amount. I can tell you a briefing with all the leaders. Whether it is Xinke or China Railway Construction Investment, it is impossible to spend so much money."
All of you here are leaders. After the excitement just now, Hu Wenhai said this again and couldn't stir up any storms. This is a perfect idea, and the key is to be at the turning point later.
Sure enough, Hu Wenhai's words changed and he poured out a plan that made everyone feel a little scared when they heard it.
"I must emphasize that China Railway Construction Investment Bank is not a commercial bank, but in fact it is an investment bank! As an investment bank, it can underwrite securities issuance and trading projects! Since the establishment of China Railway Construction Investment, there have been hundreds of thousands of affiliated companies. It is fully capable of issuing bonds of 10 billion yuan! Every year, 100 billion yuan issuance only requires issuance of 100 billion yuan. If no one buys the 20 billion yuan in the first year, I can eat all of my Xinke Group!"
Chapter completed!