In the subsequent talks, the headquarters of the Rongguo-Chongqing Expressway Company was placed in Guocheng. This was also what Li Guangyu insisted on. The top officials of the provincial government did not have too many difficulties. Although they planned to place the headquarters in Rongcheng, since Li Guangyu wanted
By choosing Guocheng, they gave up their previous plans.
Li Guangyu said: "Mr. Jiang, we will inject 5 billion yuan into the Rongguo-Chongqing Expressway Company to start the construction of this year's expressway project. From now on, we will inject funds into the company every month according to the time node to ensure the construction period.
Funds are not in arrears.”
What Li Guangyu has more advantage than Hopewell Industrial is that he has a lot of RMB in the mainland, especially in recent years, Pengyu Group, Meiqi Clothing Group, Hengyu Supermarket Group, Nanhua Group, Chunghwa Electric Group, etc., these companies in the mainland
Sales accumulated a lot of RMB for him.
You must know that the fresh agricultural products and various specialties imported by Hengyu Supermarket Group to the mainland have been settled in Hong Kong dollars until now, without using the RMB earned by Li Guangyu in the mainland.
Now Hengyu Supermarket Group has closed down the company that once specialized in exporting fresh meat from the mainland to direct sales in Hong Kong. The most important thing is that Hengyu Supermarket Group is willing to settle with mainland supply companies in Hong Kong dollars. You must know that the mainland's current foreign exchange
It is still very lacking. If Li Guangyu uses RMB for settlement, the mainland will probably continue to operate directly in Xiangjiang for foreign exchange.
In the past nearly ten years, Li Guangyu's RMB profit in the mainland, in addition to paying the wages of mainland employees, was in the construction of production companies. He has never transferred a single RMB cent. This time, the Rongguo-Chongqing Expressway and Echeng Port in Echeng are
He is best used.
For the funds needed in these two places, the RMB in his account is far from enough. Coupled with the construction of gas stations in various places, Li Guangyu has basically emptied his accumulation over the years from this 5 billion RMB capital injection. He will need to rely on several
As a result of the large group's profits, he continued to inject capital into the mainland.
The South China Electrical Appliance Chain Group is now quite profitable, but they still need to leave funds for expansion. Li Guangyu is not easy to allocate funds from his company, and the development of Hengyu Supermarket Group is restricted. Now it can only open in cities that are open to the outside world to make profits.
Not too much.
Li Guangyu is very happy about the construction of the Chengdu-Chongqing Expressway. At this time, all the RMB in his hands are used, and he does not need to worry about future currency depreciation.
If he had nearly 10 billion in his hand, the value of the currency would soon be reduced by half. Li Guangyu felt distressed just thinking about it. The official exchange rate has been declining over the years. It is now 3.7. You must know that it was still 3.4 last year. Li Guangyu knows that there will be more in the future.
It will continue to fall, and the faster you use it at this time, the better.
Chief Jiang is very aware of Li Guangyu's strength. He is not worried that the Li Group will not be able to come up with subsequent construction funds. He has no objection to Li Guangyu's initial capital injection of 5 billion yuan.
Not to mention other assets, Changan Hengtong Bus Company and Changan Linghu Automobile Company, joint ventures between Bentley Group and Changan Automobile Company, currently have good performance.
At present, many automobile companies in the entire southwest region purchase Hengtong buses, especially long-distance transportation companies. Linghu Motors is also the main vehicle model officially purchased by the government of the southwest region, accounting for more than 80% of newly purchased vehicles in the southwest region.
Whether it is Santana or FAW Kirin, they are far from being comparable to Changan Linghu in the southwest region. Now their Linghu cars also have a good market in Guangdong Province.
Chief Jiang said: "Mr. Li, the Chengguo-Chongqing Expressway can be said to have set a precedent in our mainland. It was controlled by foreign capital in basic transportation projects. This was hard to imagine before. At present, our reform and opening up are still in the exploratory stage.
The Rongguo-Chongqing Expressway is a touchstone.
According to the central government's approval, our Sichuan-Sichuan Province will only assign a deputy general manager and deputy financial director on the Chengdu-Guoyu Expressway, who will mainly supervise the company's normal operations and will not interfere with your management. I hope this cooperation can
This brings us a win-win situation, and we hope that this expressway can be put into operation as soon as possible."
Whether it is the Huapeng Expressway or the Rongguo-Chongqing Expressway, they are both touchstones approved by the central government and provide experience for future expressway construction.
There will be dedicated personnel to summarize the construction and later operation of the two expressways, compare the advantages and disadvantages of the two models, and provide more ideas for future expressway construction.
Especially for the Rongguo-Chongqing Expressway, more attention will be paid here. After all, the Huapeng Expressway is still controlled by the Guangdong Provincial Government. If there is any problem, it is easier to turn around. On the Rongguo-Chongqing Expressway, the Kowloon Group has absolute control. Approval
It can be said that the central government has taken great courage to construct this expressway.
In such a period, the establishment of a highway controlled by foreign capital in the hinterland of the southwest is beyond the imagination of many people. It also faces great pressure. If Li Guangyu's influence is not large enough, and the top management wants to use this
Showing openness and sincerity to Xiangjiang Capital is absolutely unacceptable.
The biggest impact this time is that not long ago, the Kowloon Group spent 60 billion Hong Kong dollars to build the Baodao Central No. 2 Expressway. The total construction period was ten years and the entire expressway was 420 kilometers long.
Calculated based on the official exchange rate, the cost and mileage of the Chengdu-Guoyu Expressway are similar. Although the labor is relatively cheaper, the tunnels and construction are relatively more difficult.
However, the construction period of the Central Second Expressway lasts for ten years. I don’t know if it is because of the existing Zhongshan Expressway that the Kowloon Group is not in a hurry to complete the construction of the Central Second Expressway.
At the same time, Kowloon Group once again joined forces with Bank of Hong Kong and Hsinchu Commercial Bank to invest HK$23 billion in the construction of Taipei MRT Line 2 and Taipei Line 3, with a planned construction period of four years.
In just two projects, the Li Group and the Hong Kong Bank invested more than HK$80 billion in Baodao, which also prompted the approval of the Rong-Guo-Chongqing Expressway and Huapeng Expressway.
The current domestic foreign exchange reserves are only small. Even though the Li Group and Xiangjiang Capital have brought a lot of foreign exchange to the mainland in recent years, especially Hengyu Supermarket Group, which continues to create foreign exchange for the mainland every day, the demand in the mainland is also increasing day by day, so that the mainland
Currently, foreign exchange reserves are less than US$5 billion.
Commander Chiang knew very well that it would be very easy for the Li Group to spend five billion U.S. dollars, especially since Tianyu Bank and Xiangjiang Bank both had huge foreign exchange reserves.
Now he is not worried about the strength of Li's consortium. He only hopes that this expressway can be well constructed and operated and can bring benefits to Sichuan and Sichuan provinces. He does not want any trouble to occur on the Rongguo-Chongqing Expressway. After all, he signed this contract personally.
Yes, if there is any problem, he is the first person responsible.
Li Guangyu said: "Mr. Jiang, please rest assured that our operations in the mainland will strictly abide by the rules and regulations of the mainland, and we will prepare funds in advance. There will never be a shortage of funds that will cause construction to stall. At the same time, our Chengdu-Guoyu Expressway
Highway companies will also be able to set up party branches like all my enterprises in the mainland, and I personally support this."
Governor Chiang is still aware of the industrial situation of the Li Group in the Mainland. Since last year, the Li Group has established party branches in various enterprises in the Mainland, which is the only foreign-funded enterprise.
In particular, the secretary of the Party branch of Pengyu Group is concurrently served by the director of the Pengcheng Special Economic Zone Management Committee. This director is usually a member of the Standing Committee of the Pengcheng City Party Committee. You must know that this is a department-level position, which shows that Guangdong Province attaches great importance to this.
Due to the great influence of the Li Group and the large number of employees in its production workshops, each production company has the local government assign politically strong cadres to serve as party branch secretaries of the company.
In addition to Pengyu Group, there are also Meiqi Clothing Group in Pengcheng, Zhonghua Electric Group Production Company, Nanhua Group Production Company, and Feiyu Group Production Company in Ludao. Cadres at the deputy department level serve as party branch secretaries or concurrently.
There are also many company party branch secretaries who are cadres at the deputy director level. Over the past year or so, they have stabilized the thinking of the employees of the Li's Consortium's mainland companies and made the senior management feel more reassured about the Li's Consortium.