In Chezi Town, Jiazhou, Western Shu, the construction site under the sunshine showed a busy scene.
The roar of machines and the trumpets of workers are intertwined to form a vibrant symphony of construction.
On the construction site, huge tower cranes tower into the sky, and engineering vehicles shuttle constantly, carrying sand, stone and building materials back and forth.
The workers, wearing safety helmets and uniform work clothes, are busy at their respective posts, with focused and determined expressions on their faces.
Eye-catching red slogans are hung around the construction site, each of which expresses the importance and expectations for this project.
"A century-old plan, quality first!"
"Unite and cooperate to create brilliance!"
"Scientific development, green construction!"
"The most important weapon of the country is to rejuvenate the country through science and technology!"
At the entrance of the construction site, a huge display board introduced the background and significance of the Shin Kong Silicon Industry project in detail:
"Xinguang Silicon Industry - a national strategic emerging industry demonstration project, shoulders the important task of promoting the independent research and development and industrialization of my country's semiconductor materials. This project was approved by the State Planning Commission in 2001 and aims to build a modern production line with an annual output of 1,000 tons of polysilicon , filling the domestic gap in the field of high-end electronic grade polysilicon materials."
Next to the display board, an office building that has begun to take shape stands majestically, with the four golden characters of "Xinguang Silicon Industry" hanging on it. Glistening in the sun, it symbolizes the brilliant prospects and unlimited potential of this project.
The entire construction site is full of vigor and vitality, and the attention and expectations for this major national project can be felt in every corner.
Here is not only the No. 1 project in Xishu Province, but also the country’s largest polysilicon production capacity construction project at the beginning of the century - Xinguang Silicon Industry, which carries the hopes and dreams of the development of the country’s semiconductor industry.
Unlike the high energy at the construction site, the conference room of the pre-built office building in the factory area was filled with smoke.
Zhang Huiguo, the former director of the Emei Semiconductor Factory, sat in the main seat on the right, looking at the silent shareholders across the conference table with great sadness in his heart.
This meeting is a coordination meeting.
Coordinate what?
Coordinate funding.
The model of Xinguang Silicon Industry is that Eban Factory produces technology, and four listed companies, Xishu local state-owned enterprise Sichuan Investment Energy, central state-owned enterprise Jiazhou Electric Power, Minjiang Hydropower, and strategic investor Jizhou Tianwei Baobian, are market-oriented Contribution.
In fact, before the meeting, Zhang Huiguo had already contacted various shareholders in advance, and all parties clearly expressed their intention not to continue investing.
But the meeting still has to be held, after all, a vote needs to be formed.
Jiazhou also wants to make a last-ditch effort. This is a once-in-a-lifetime development opportunity for Jiazhou, which only has the Giant Buddha.
So, this is the coordination meeting, and Jiazhou Nanbaman, Namba Rabbit, and Nanba Buddha personally take part.
Although I knew what the result would be, at this moment ZhangHuiguo still stood up, took out a document and began to read,
"According to the instructions of the Central Committee, Xinguang Silicon Company, which you lead, needs to expand its polysilicon production capacity to 100,000 tons within five years. At the same time, We must unswervingly tackle the difficulties of monocrystalline silicon preparation technology..."
To be honest, Zhang Huiguo himself felt that this order was pure nonsense and full of great strides made in a certain period of the last century. Thought.
100,000 tons?
5 years? !
Their national pilot demonstration project is only 1,000 tons, and it is planned to be completed in 7 years.
100,000 tons in 5 years now?
The most ridiculous thing in the world.
When he received the document, his eyes were about to pop out of his head when he looked at the numbers on it. He repeatedly confirmed the 0 on it and called the department to confirm without giving up.
The last message I got was that this was a dead order that had to be completed.
The actual words of the leader of the Ministry, ‘I have issued a military order. If we cannot obtain 100,000 tons within 5 years, you, Zhang Huiguo, will meet me at the cemetery. ’
That’s what he said, but when it came to money, the department leaders became silent.
The leader of the department said that he didn’t know either. He only said that this was an order directly issued by the central government, and emphasized the word ‘order’.
He did not want to hold this meeting at all.
After reading the document, the atmosphere in the conference room was solemn and tense.
Zhang Huiguo glanced at every shareholder representative present, waiting for their response.
After a moment of silence, Jiazhou local government representative Jiang Shiyang, executive deputy of Nanbofo, stood up with a sincere expression on his face.
“Everyone, Xinguang Silicon Industry is not only the No. 1 project in Xishu Province, but also a key national project.”
Jiang Shiyang’s voice was hoarse as he said sincerely , "As a local government, we are well aware of the importance of this project to the national semiconductor industry. I implore all representatives to take the overall situation into consideration and support this project."
As soon as Jiang Shiyang finished speaking, Sichuan Investment Energy's Representative Gu Yanfa cleared his throat. His expression was serious and he said firmly,
"Executive Director, we understand your mood. As a local state-owned enterprise in Xishu, our Sichuan Investment Energy Group naturally has unconditional support." Obey the organizational arrangements.
But to be honest, it is beyond our capabilities to invest in an expansion to 100,000 tons.
I suggest that Jiazhou apply to Xishu Province. , otherwise our Sichuan Electric Power can only provide 300 million yuan."
Wei Zonghan, a representative of Jiazhou Electric Power, continued, "Manager Jiang, our Jiazhou Electric Power is also facing a similar dilemma.
State Power has no specific instructions for this project. From a market perspective, Jiazhou Electric Power does not have the ability to make such a large-scale investment.”
Jiazhou Electric Power. Although Zhouzhou Electric Power is called Jiazhou, it has nothing to do with Jiazhou. It is affiliated to Guodian.
Gu Guobin, a representative of Minjiang Hydropower, also expressed a similar view, "Our Minjiang Hydropower situation is similar.
Although we are willing to support the country's strategic projects, without a clear policy from Guodian Group With financial support, it is really difficult for us to bear such investment pressure.
Executive officer, Lao Zhang, I’m sorry that we can’t help.”
The attitude of the company made Jiang Shiyang angry. Veins were popping out in his neck, and he was sitting there with a pale face.
How disrespectful!
Especially the latter two.
But unfortunately, these three are all state-owned enterprises, and even two power companies are still central enterprises, and the leadership team level of others is still higher than that of prefecture-level cities like theirs.
If I say I won’t offend you, I won’t offend you.
Zhang Huiguo was filled with emotion when he heard this. The company's shareholding structure is purely polyarchic, and all shareholders will not pay an extra cent unless they receive instructions from the competent authorities.
Because to them, the original investment was just an obligation, on behalf of the state, and they did not participate in the actual operation. The development of your company has nothing to do with them.
"After all, you are a state-owned enterprise and a listed company! If you don't contribute any money, how can this expansion continue to operate!"
Zhang Huiguo's sad sigh made Tianwei Baobian’s shareholder representative Lu Sishan sneered,
“Lao Zhang, so far, more than 200 million have been spent on the 1,000-ton project, and it will take 398 million to complete the project and put it into production.
We have actually paid this amount in proportion to our respective equity interests, and you also know this account.
Now let me ask you, how much does 100,000 tons of polysilicon cost? ? At least 40 billion!
Where do you think we can get 40 billion from you? Say it! We will go there without saying a word. For us, Tianwei Baobian, the ratio is just a strategic investment, and we are a state-owned enterprise in Jizhou, not Xishu!
If you can get other investments from outside, I will tell you now, we will Tianwei Baobian will unconditionally comply with the equity dilution, even if you kick us out!
But now you are asking us for money, anyway, we, Tianwei Baobian, will not get a cent.”
< p>Zhang Huiguo was silent. He knew that although what Lu Sixan said was straightforward, it was the truth.He looked around the conference room. Helplessness and rejection were written on everyone's faces.
If this meeting continues, there will actually be no results.
The key issue is that these four listed state-owned enterprises have not received instructions from the competent authorities. It is meaningless to talk about it now.
Moreover, they are unable to pay for the 40 billion investment scale, let alone unwilling to pay for it.
Because this kind of project funds must be given to them by the group company through internal loan channels, and it is impossible to increase capital and give them free of charge.
Internal loans will have interest to some extent.
Even if a family pays 10 billion, the corresponding annual interest will be several hundred million.
This reflects the fact that the investing company actually needs to spend real money on financial expenses in its current statements. In theory, the principal and interest should be recovered through the income after the project is completed and put into production.
However, there are risks whether the project will succeed or not.
Especially the current pilot demonstration project.
The leader is the first to eat the crab.
Other than that, there is no semicolon in China, and Luoyang China Silicon is still waiting and watching.
To suddenly launch such a large project, and for the four state-owned enterprises, it is a project that has nothing to do with their main business. What lunatic is willing to do it?
The root of the problem lies in the composition of the shareholding structure.
The original idea was that the four investors would only contribute capital, and the project would be completed if the funds were collected.
Everyone is well aware of this and can just pay it out. It is not their own money anyway.
But now it is really difficult for others to continue to pay.
For this sudden expansion, Zhang Huiguo knew that someone would definitely pay for it, but he didn't know who it was.
But he also understands the thinking of Jiazhou local people.
After all, this is a big project.
Especially the expansion from 1,000 tons to 100,000 tons, a 100-fold increase, the local government definitely hopes that this project will be locked in Jiazhou.
Sichuan Investment is currently the largest state-owned platform company in Xishu.
Sichuan Investment cannot get this money at all, and Xishu does not have the financial resources to support it.
Therefore, it is likely that other provinces or even central enterprises will directly invest.
Then, it is unknown where this project will end up.
Maybe Jiazhou still has 1,000 tons, and the remaining 99,000 tons will just go out and find another place.
However, it is true that the four shareholders cannot come up with the money. Zhang Huiguo really feels that this will not be able to continue.
He set his sights on the local representatives at the head of the conference table.
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