Chapter Five Hundred and Twenty-Fourth Tourism Road Officially Started
Having just spent 4.5 billion, and then tens of billions came, Yu Qingyang had some worries about happiness.
How to spend so much money?
Continue to buy property?
Then he really became Fang Ge, oh! Wrong, it should be Yu Qingyang’s mother who became a real Fang Mom.
Fifty-one percent of the state-owned assets cannot be changed. If HSBC wants to invest, it can only invest from the 49% of Yu Qingyang's mother.
No matter how much is discussed in the end, what is certain is that 10% of the shares are worth more than 20 billion.
The next day, after everyone sobered up, the formal negotiations began.
After more than a month of difficult negotiations, the market value of Huaihai Investment was finally determined at 25 million.
The calculation of market value is generally based on annual net profit multiplied by a coefficient.
The factor multiplied by Internet projects can often reach around 20.
As for the real industry, the coefficient is not that high, generally around ten, and most are below ten.
The combined annual net profit of Huaihai Investment's subsidiaries does not exceed 15 billion, and Yu Qingyang is already very satisfied with being able to obtain a valuation of 350 billion.
The valuation index is higher than that of most Internet companies, what else is there to be dissatisfied with?
When I was drinking before, I mentioned 600 billion, which was just to stimulate Feng Xiaochen with the strength of the wine. Anyway, with Mu En around, Feng Xiaochen had to endure it no matter how unhappy he was.
The reason why HSBC gave such a high valuation was also due to the previous performance of Huayu Investment.
Years ago, HSBC acquired 10% of Huayu Investment's shares with a market value of 2 billion.
Now, less than a year has passed, and the market value of Huayu Investment has risen to 150 billion.
Their net assets have reached 80 billion.
The return on investment reached seventy-five times.
It was precisely because of this investment that Feng Xiaochen was promoted two levels within a year, from vice president to current CEO.
It's a pity that Yu Qingyang did not agree to go public, otherwise the rate of return would be higher.
Ten percent of the shares were exchanged for RMB 35 billion.
Yu Qingyang made another report that all 10% of the shares would be exchanged for house property rights.
With the last report, the approval was smoother this time.
In comparison, exchanging house property rights can allow Huayu Investment to obtain large amounts of funds.
Xing Xiang received 4.5 billion in funds before and was not idle. Under Yu Qingyang's instructions, he established offices in Jinmen, Ludao, Jinling, Lin'an, Suzhou, Rongcheng, Qindao, Zhujiang, Yongcheng, Wenzhou, etc.
More than a dozen second-tier cities acquired land.
Note: In 2001, there were only four first-tier cities: Jingcheng, Pengcheng, Yangcheng, and Magic City.
Ludao, Jinling, Lin'an, Suzhou, Rongcheng, Qindao, Zhujiang, Yongcheng, Wenzhou, etc. are all new first-tier cities.
Of course, these are all things for later.
Mu En did not stay in Quanshui for long. When Huayu Investment officially launched negotiations with HSBC, Mu En said goodbye and left.
Xue Qin personally led the investment department to handle the negotiation work.
Yu Qingyang’s focus was on the tourist road project.
Dongcheng District Government, Office of District Mayor Wang.
District Mayor Wang has been in a pretty good mood in the past few days.
"Leader, we can be regarded as enlightened ones, right?" Yu Qingyang said with a smile.
"Haha...ha!" District Chief Wang laughed and said, "Although we Communists don't believe in that, we must admit that God is helping us this time!"
There is an episode in why District Chief Wang is so happy.
It is also a very enjoyable episode.
Just when the district government and the towns below were arguing over the issue of relocation of tourist roads, Quanshui experienced the heaviest rain and strong winds of the year.
On both sides of the tourist road, the houses that were built a year ago were all washed away the next year.
There is no need for urban management law enforcement teams to demolish the buildings.
God helped them dismantle them all.
Who would have thought that it would rain so heavily in September.
Originally, those houses were just improvised and built temporarily.
A house that can be knocked down by a kick cannot withstand the impact of heavy rain and strong winds.
The tourist road is a mountain road between valleys. Anyone who has been in mountainous areas knows that the wind in the valley is usually several levels stronger than the wind in other places.
So, overnight, only a few rooms were left.
This will save trouble. District Chief Wang no longer has to worry about the problem of the house.
Some people say that if it falls down, it can be re-covered.
Just kidding!
Do you really think the government is a freeloader?
I didn't pay attention before and let the common people take advantage of the loophole. You still want to fix it. Why don't you try to fix it?
Yu Qingyang laughed with District Chief Wang for a while before getting down to business, "Boss, these are the construction drawings of several bridges. The design institute has completed the drawing design!
Next we are going to launch a tender for professional bridge subcontracting!”
“Only the drawings for the bridge part are out?
When will the other drawings be available?”
“The tunnel construction is also fast. It has been sent for drawing review and should be passed by the end of the month.
The road part will be released later, in early October!"
"Well, I'll ask later!" District Chief Wang nodded, indicating that he would ask.
The so-called drawing review refers to the last step of the process after the drawing design is completed.
The construction unit will take the construction drawings to the drawing review center for policy and technical review of the drawings.
Only after obtaining the "Construction Project Construction Drawing Design Document Review and Approval Letter" can you handle other construction licenses and other related procedures.
These tasks were originally the work of the construction unit.
Who asked the tourist road project to adopt the FEPC model?
FEPC mode, the correct interpretation should be F+EPC mode.
F represents financing, and EPC is a general contracting and turnkey model.
To put it bluntly, it refers to general contracting to advance funds for road construction.
Therefore, the review of design drawings became a matter for Huayu Project Management Company.
"It's the same with separate bidding! We'll recruit the bridge subcontract first, and then the tunnel subcontract in a few days!" Yu Qingyang said with a smile.
The advantage of the general contract management model is that bidding can be conducted separately.
Drawing out some drawings and inviting bids once can save time greatly.
Including the design, bids were invited separately, with one bid for the bridge, one bid for the tunnel, and one bid for the road, a total of three design bids.
"How many bids are you going to give for the bridge?" We had discussed it during the design bidding process before, and we knew that Yu Qingyang had divided the entire project into many bid sections in order to speed up the progress.
"One mark!" Yu Qingyang replied simply.
There are eight bridges in the entire tourist road, including one large bridge with a span of more than 320 meters.
Others are small bridges.
"One bid is not easy to allocate!" District Chief Wang said noncommittally.
“Anyway, our company does not have the ability to construct large bridges.
So, whoever has the ability wins the bid!" Yu Qingyang shrugged indifferently.
The reason why Yu Qingyang did not mind the trouble and added a general contractor under the project management company was to give his company the opportunity to learn from others' experience in bridge and tunnel construction.
Three construction companies, Huayu First Construction, Huayu Second Construction, and Huaihai Engineering Corporation, have all established road and bridge branches and tunnel branches, and have also applied for second-level qualifications.
However, there was simply no experience in large-scale bridge and tunnel construction.
Don't ask, how can I apply for a second-level qualification if I haven't done anything before? This cannot be explained in the book, it can only be understood but not explained.
Originally, District Chief Wang had some ideas, but Yu Qingyang blocked him with one sentence and could not continue to mention it. He could only ask instead: "How many marks are you going to mark for the tunnel?"
"The tunnel should be divided into three or four markings!" Yu Qingyang said with a smile.
Naturally, he knew what District Chief Wang meant just now. What he said about our company is that we don’t have the strength to do it anyway. What he meant was that even our company can’t make money, so don’t mention your connections.
"Well! I'm still relieved about you, Director General Yu!
Be sure to control the quality!
Now when people outside talk about our road, they talk about three years of new and three years of old and three years of patching and patching and another three years.
We absolutely cannot allow this to happen!
You must not repair the zipper link!" Wang District said, which turned into a requirement for quality.
There was no mention of taking care of enterprises in the province.
"Understood! Don't worry! I personally serve as the project manager of the management company for the tourist road project!" Yu Qingyang assured.
I thought to myself: "Three years of new life, three years of old life, and three years of mending and repairing. You are too kind to say that."
Whether or not to repair the zipper road is not up to me. This is a matter for your Urban Construction and Planning Bureau.
Time flies, it goes by in a blink of an eye.
Soon the day came for the opening of bids for the bridge.
The total construction cost of the eight bridges was more than 50 million, which was considered a relatively large project in 2001.
The tender is open to the whole country, so there are more than 30 road and bridge companies participating in the bidding.
It can be seen from the registration that Dongshan Province lags far behind the south in terms of engineering construction development.
There are more than 30 companies, but only five companies from the province have registered.
It’s not that you don’t want to sign up, but a first-level qualification and three bridge construction achievements exclude most companies in the province.
Others are southern companies and subsidiaries of state-owned enterprises.
In the end, Nanjiang Provincial Road and Bridge Company won the bid with a winning price of 52.86 million.
Along with the bidding for the bridge, there are also supervision units.
The winning bidder for the supervision bid is a provincial enterprise, Dongshan Provincial Engineering Construction Supervision Company.
There was no choice but to choose companies from other provinces for construction. Yu Qingyang and District Mayor Wang were already under great pressure.
After signing the contract, Nanjiang Road and Bridge and the Provincial Supervision Company stationed at the construction site very soon.
There is only one largest bridge among the eight bridges. The longest span of the other seven bridges is only more than 80 meters long, and the smallest span is only 15 meters.
Although the Nishuiquan Bridge on Tourist Road has a span of 320 meters, its structure is relatively simple.
It is composed of bridge columns, piers, cap beams, box beams and other structures. It is a relatively traditional highway bridge.
After the construction unit and supervision unit entered the site, Yu Qingyang organized a project kick-off meeting.
The Dongcheng District Construction Committee also attended the meeting as a representative of the construction party.
"The start of the single project of the tourist road bridge marks the official start of the tourist road project..." Yu Qingyang first said some clichés as an opening remarks.
Then each participating unit made a speech.
Finally, Yu Qingyang made a summary.
“The tourist road project is required to participate in the provincial quality project selection!
The quality standards of the projects executed are also our corporate standards!
I hope that your construction unit and supervision unit will carefully study the relevant content of the project quality management standards in the bidding documents issued by our company!
Nanjiang Road and Bridge is the first construction unit to enter the tourist road project. I hope it can get off to a good start and fire the first shot!
Let’s start with the dirty talk. You don’t have to worry about the funds. All funds are provided by CITIC Investment Bank and have been transferred to the special account of the tourism road project.
If you don't do a good job, don't obey management, or cut corners, or don't construct according to the quality and safety standards in the bidding documents, then I'm sorry!
I will only give you two chances to make corrections. The third time you will automatically leave!
I say this not only to Nanjiang Road and Bridge, but also to your provincial supervision company!"
“Mr. Yu, you can rest assured that we will strictly carry out the construction in accordance with the standards in the bidding documents!
The tourist road and bridge project is our company's first project in Dongshan Province, and we have selected the most capable people!
Our company will never lag behind in campaigning for provincial high-quality projects!”
The person who came to the meeting from Nanjiang Luqiao was a vice president named Liang. He was not tall, only less than 1.7 meters tall. After hearing what Yu Qingyang said, he stood up and expressed his position in Nanjiang Mandarin.
Mr. Liang Yu Qingyang had met before, and it was Mr. Liang who signed the contract on behalf of Nanjiang Road and Bridge.
Mr. Liang is a very good person and has brought many specialties from southern Xinjiang.
He didn't know who else gave him a necklace of southern pearls.
Southern pearls are the best freshwater pearls. Mr. Liang said they are wild southern pearls, but I don’t know if that’s true.
They are quite beautiful. The beads are round and have a diameter of more than twelve millimeters.
It was passed on by Yu Qingyang to his future mother-in-law.
"Mr. Liang, that's very good!
However, I don’t listen to your guarantee, I only watch your actions!” Yu Qingyang looked at Mr. Liang of Nanjiang Road and Bridge and said with a smile.
"No problem, we will prove our strength with actions!"
"Liang is always on site, or does he go back after the meeting?"
"Our company is planning to set up a branch in Dongshan Province, and I will be based in Quanshui from now on!"
"Haha! I hope we can have a happy cooperation!" Yu Qingyang nodded.
Secretly mourning for the project manager of Nanjiang Road and Bridge.
This project manager is really frustrated.
There are too many parents-in-law above.
There are four companies: the construction unit, the project management company, the general contractor, and the supervision unit. Their company even sent a vice president over.
What is basically certain is that in the future, this project manager, under the name of project manager, can only do the work of the construction director.
Of course, this has nothing to do with Yu Qingyang, he only cares about whether he can do a good job.
Then the director of the supervision company stood up and expressed his position.
After the kick-off meeting, there is naturally a kick-off banquet.
Yu Qingyang had already prepared a kick-off banquet at the Shark Fin Palace.
Wine is the medium that can best bring people closer together. After a few glasses of wine, everyone becomes familiar with each other and the atmosphere becomes warm.
After three rounds of wine and five delicious dishes, everyone continued to chat alone.
"Mr. Yu, I respect you. We are new to our company. Please bear with me if I do anything wrong!"
"Haha! Mr. Liang, as long as it doesn't involve the quality and safety of the project, I can take care of everything else!" Yu Qingyang touched Mr. Liang and said with a smile.
After drinking, Yu Qingyang asked again: "What is the biggest bridge our company has ever built?"