"Manager Wen, Dahua's investigation report is ready." The secretary put a white paper of more than 300 pages on the desktop.

"It's finally done." Wen Zhaohong looked at the "Dahua Report" on the cover with red eyes, wishing he could fall on the table, and he immediately fell asleep...

A week ago, he followed the instructions of General Manager Xuan of Sinopec to investigate Dahua Industrial for decision-making by Sinopec's senior management. Sinopec is the only large central enterprise that is truly interested in the Haicang plan. Similar to Formosa Plastics Dahua, they also expect to own as much as possible or hold as many shares as possible.

Under the pressure of senior management, dozens of leaders of Wen Zhaohong worked overtime and finally completed the basic investigation - in a Chinese mall where you have to do everything by yourself, this kind of investigation is quite hard.

On January 16, when the investigation report was still being printed, Wen Zhaohong heard that Dahua Industrial Group had won US$200 million in the London oil futures market.

Nothing said, the investigation report is redone.

200 million US dollars will not affect the overall situation. Wen Zhaohong thought so at the time. The investigation report of more than 300 pages was only changed by less than 50 pages, but he just worked overtime for another day and one night.

Wen Zhaohong so he stayed up for another day and night, his eyes were like rabbits, and then he heard that Dahua True Group won another $400 million in the London futures market.

$400 million in cash and $400 million in book profits are enough to change the entire investigation report.

Wen Zhaohong had no choice but to announce the rework of the investigation report. In order to catch up with the time, the person who had just returned home on holiday was pulled back, and then added another office person to balance the weak guy.

This time, he revised the 200-page report and came to a different conclusion.

Wen Zhaohong picked it up, looked it again, and after confirming it, he forced himself to keep his energy: "Okay. I'll show it to the general manager. You all go and rest."

The secretary stumbled out and announced that he had not been asleep for two days.

Cheers came from outside.

The employees who participated later became rabbits, and the ones who joined in front were like skinned rabbits. Not only did their eyes turn red, but their whole bodies turned red.

Three days of sleepless days were just to do the investigation report of Dahua Industrial Group. Wen Zhaohong shook his head. A week ago, he could have said it was not worth it, but now it is not possible.

Dahua Industrial, which has a $1 billion USD, can be stronger than any Chinese company. Its assets are naturally not as good as PetroChina or Sinopec, but its cash flow was among the best in the early 1990s.

While state-owned enterprises gain national advantages, they will become bloated and bureaucratic. It is impossible for Sinopec to want $1 billion. They need to break down their tasks step by step and obtain funds separately. Even so, $1 billion will have to make great efforts.

It is worth being proud of if a general manager can do such a thing twice.

Wen Zhaohong took a last look at the amount of funds from Dahua Industrial, and suddenly thought of the question Kang Qingfeng asked a few weeks ago: "Does Dahua Industrial have 500 million US dollars?"

That is the minimum amount of funds to start the ethylene project.

It now seems that Dahua has explained this issue.

Thinking of this, Wen Zhaohong could only sigh at Su Cheng's good luck, and then picked up the investigation report and prepared to go to the general manager's room.

The secretary suddenly returned.

"What's wrong?" Wen Zhaohong doesn't like "surprise" now.

"The oil price fell by two more dollars." The secretary was unwilling to say it, but he had to say it.

Wen Zhaohong couldn't concentrate and asked in a daze: "So what's wrong?"

"Dahua Industrial made a book profit of US$85 million, at least."

"Tell me again after more than 100 million. The investigation report is not a draft, so you can change it if you want." Wen Zhaohong was sleepy with a bad temper.

The secretary gasped and whispered: "The previous $40 million was not counted."

“What $40 million?”

"The $1 that fell from last night to today has not been included, so Dahua made another $120 million, or $130 million."

"One day?" Wen Zhaohong knew that he asked a stupid thing. Of course, Dahua can earn hundreds of millions of dollars in a day, what does 100 million dollars count?

The bad thing is that the investigation report has to be rewritten again.

Wen Zhaohong suddenly had the urge to vomit blood, and after a long time he said, "Go and find someone."

"Yes...but everyone can't stand it anymore." The secretary knew that there would be such a thing, but it was really painful. He kept staying up late to modify the investigation book, risking that the investigation book would be revised again... it was really tired and meaningless.

Wen Zhaohong waved his hand tiredly and said, "The more this happens, the more we have to persevere. Dahua's problem is urgent."

The secretary had to run out of the room, and soon there was a terrible tide outside.

Wen Zhaohong can't control so much. For Sinopec, the ethylene project is a very serious topic. Just like Taiwan's China National Petroleum Corporation is not willing to build Formosa Plastics in any case, and Sinopec is not willing to have other companies involved in upstream chemical raw materials. For their industry status and market share, the threat of 700,000 tons of ethylene is too great.

Sinopec cannot stop domestic political tasks, and preventing Dahua Industry from getting involved in it has become a top priority.

In the past, they did not take Dahua Industrial seriously, and the 700,000-ton ethylene project could not be taken over at will.

It was not until Dahua Industrial's capital exceeded US$1 billion that Wen Zhaohong became anxious.

It should be said that the entire Sinopec executives were anxious.

They sat together for two days to discuss. While brainstorming, they designed the negotiation process of the substitute Haicang plan, and waited for Dahua Industrial or other companies to negotiate.

Two days later.

Three days later.

There has never been any news about Dahua.

It was not until a week later that news came from Zhangzhou that Dahua Industrial continued to start construction, and its scale was even better than the past.

Dahua is a private company that can build factories as long as you have money, expand the scale, etc., without any problem. Sinopec is a standard central enterprise, and it has certain regulations on everything you do, so you cannot go to build factories as you wish.

When Formosa Plastics and Haicang plan are not yet finalized, how could they build a factory in Haicang?

So, the situation became strange.

Before the outbreak of the Gulf War, Formosa Plastics' intention to delay was exposed. However, due to the Gulf War, the meeting between Wang Yongqing and the central leaders was postponed to early February.

Just between mid-January and early February, Sucheng not only expanded its methanol factory, but also made more preparations. He set up a separate ethylene department, began to purchase appropriate ethylene equipment, and purchased drawings of large ethylene by himself and measured the land.

The latter was done with the help of emerging groups.

These work are all pre-works in Haicang's plan, and Formosa Plastics has done part of it, and Sinopec and PetroChina have not done it at all.

It can be said that through this time difference, Su Cheng walked in front of Sinopec again, and walked in front with a check in his arms.

...
Chapter completed!