Resource Tycoon Reborn

Chapter 500 Full of sincerity

After the Spring Festival of 2007, things were not peaceful at home and abroad.

On February 26, the U.S. Senate passed the "Bill to Increase the Federal Minimum Wage" with an overwhelming vote, raising the minimum hourly wage for Americans from the original $5.15 to $7.25. This bill also provided a measure for the federal minimum wage increase in the United States.

Billions of dollars in tax breaks are available to small businesses to offset increased payroll costs.

On February 27, the Central Bank of China announced an increase in the RMB deposit reserve ratio for deposit-taking financial institutions by 0.5 percentage points. This is the fifth increase in the deposit reserve ratio since the beginning of 2006.

On February 28, Israeli President Moshe Katsav's request for a three-month temporary suspension from office due to accusations of sexual assault and abuse of power by the Israeli Attorney General was approved by the Israeli Knesset, becoming the first person to be temporarily suspended due to criminal charges.

Suspended Israeli President.

On March 1, Vietnamese Prime Minister Nguyen Tan Dung signed a decree requiring Vietnamese parliamentary representatives and senior government officials to declare their personal assets as early as April.

On March 2, China's stock market plummeted. Both cities recorded their largest single-day declines since 1997, with a drop of nearly 10%. More than 800 stocks fell below their limit, and the value of the A-share market evaporated by more than 10,000 yuan in one day.

billion. This sudden plunge also caused sharp falls in other stock markets around the world, which cast a shadow over the future development prospects of the global economy.

On March 5, the Ministry of Information Industry announced the "Steel Industry Adjustment Policy (Draft for Comments)", proposing to gradually phase out smelting blast furnaces of less than 450 cubic meters nationwide within two to three years. According to statistics, this part

The national production capacity is about 50 million to 60 million tons. At the same time, the construction of new steel projects is strictly controlled, and the total crude steel output is controlled at the level of 2006. The opinion draft pointed out that in 2006, China

China's crude steel output has exceeded the 400 million tons mark, ranking first in the world, exceeding the combined crude steel output of the second to sixth largest steel-producing countries in the world, and there are already signs of overcapacity.

On March 7, China Iron and Steel Industry Association and Haibao Steel Group Company announced in Shanghai that they had reached an iron ore price agreement with Brazil's Vale for 2007. The price of imported iron ore in 2007 will be

The price remained unchanged, the same as the iron ore price in 2006! In the following days, Japan's Nippon Steel Corporation and South Korea's Posco Corporation also announced that they had reached an agreement with the three major mining companies. This caused a stir.

The hotly debated iron ore price negotiations in 2007 have come to an end.

"Master Fang, this time I am here to discuss with you on behalf of the Beijing City Government the issue of the 30% equity transfer of Haiping Mining Company." Xie Guohai said straight to the point as soon as he sat down, "Master Fang, what do you want?"

, As long as it is reasonable and reasonable, we will definitely do what we can do. If we can't do it, we will find a way to do it!" Fang Mingyuan used Zong Zheng's mouth to tell the news that the Fang family intended to transfer 30% of the equity of Haiping Mining Company to the state-owned assets.

When it was passed up, it caused quite a stir among the upper echelons.

Although the iron ore output of Haiping Mining Company last year was only more than 36 million tons, it is currently the only truly profitable enterprise of Huaxia Capital in overseas iron ore mining. Moreover, Haiping Mining Company

The mining areas it owns still have great development potential. This can be confirmed from the fact that the transportation railway and output port built by Haiping Mining Company have only used less than half of its capacity. If Haiping Mining Company continues to expand its iron ore

The iron ore production capacity has reached the predetermined design target. It is estimated that its annual iron ore output can reach nearly 80 million tons.

China imported more than 300 million tons of iron ore in 2006. The annual output of 80 million tons has accounted for a quarter of the total import volume. This ratio is already quite astonishing. This time, Heibao Steel

The group company and the China Iron and Steel Industry Association successfully reached an iron ore price agreement with the Brazilian company Vale. Anyone with a discerning eye knows that this is not entirely a victory for the China Iron and Steel Industry Association and the Haibao Steel Group Company. As early as January, Liao Provincial Steel

When the group company signed the iron ore price agreement with CMM Company and Haiping Mining Company, this result can be said to have been decided.

Although the price of iron ore did not rise in the end in 2007, the successive increases have made iron ore at a historical high, and it is generally believed that the price of iron ore has not yet reached the peak, and will be very low in the next few years.

There may still be room for growth. Being able to control 30% of the shares of Haiping Mining Company not only means that there will be huge profits from it. It is also of great significance for steel companies to control production costs.

Moreover, India, another major exporter of iron ore, has not been doing well recently. Just a few days ago, the Indian government temporarily increased the tariff on exported iron ore and levied a tariff of 300 rupees per ton on all exported iron ore.

, about US$7 per ton. Since India exported more than 70 million tons of iron ore to China last year, this means that Chinese importers will be forced to pay more than US$400 million in tariffs each year. Although, this

This move is just a temporary decision by the Indian government. The Indian Congress is reviewing the specific regulations on iron ore export tax. However, industry insiders generally believe that the Indian government’s tax on iron ore is inevitable, and this will push the high-speed rail industry forward.

The price of ore spot trade. Therefore, after March, many more people inquired about the Fang family’s conditions for transferring shares through various channels. Jingcheng Iron and Steel Group Co., Ltd. coveted 30% of Haiping Mining Company’s shares, and even

They persuaded the capital city government to come forward to fight for them.

"Master Fang, I know that there are many people who want to acquire these shares now. You may be worried about causing unnecessary trouble, but this is not a problem. As long as the two of us have negotiated the acquisition conditions, all other issues will be settled.

Leave it to us." Xie Guohai said straightforwardly. As the capital, the Beijing City Government has many advantages that other local governments cannot match. Even the major ministries and commissions have to give some face.

"And if you want policies, we will provide them; if you want funds, we will help you with loans; if you want land, no problem; if you want cooperation, we will help you thread the needle!"

There was a time when it was the most glorious in the industry, but due to various reasons, the Seaburg Steel Group Co., Ltd. took away the throne of the largest steel company in the country. Although the Beijing side did not have any obvious expression about this, this does not mean

This means that Beijing is willing to do so.

The relocation of Jingcheng Iron and Steel Group Company to Tangshan will not only reduce the environmental protection pressure in Beijing, but also release the shackles on the development of Jingcheng Iron and Steel Group Company. At this time, if it can obtain the shares of Haiping Mining Company, it means

Jingcheng Iron and Steel Group Company's demand for outsourced iron ore can basically be met, which can be said to play a very important role in the future development of Jingcheng Iron and Steel Group Company!

Moreover, this is also the beginning of cooperation between Beijing Iron and Steel Group Company and enterprises under the Fang family! The reason why Liao Iron and Steel Group Company has been able to develop smoothly to this day is that other enterprises under the Fang family, especially Longxing Construction Group and

Guo's Shipping Group Company played a very important role in this. Liao Provincial Iron and Steel Group Company's annual steel output can be absorbed by other industries under the Fang family. In addition, it has complete export channels, so even in steel sales

During the downturn years, Liao Provincial Iron and Steel Group Company never worried about the sales of its products. Now, the Fang family has multiple projects under construction or about to be launched. Being able to cooperate closely with the Fang family, for Beijing Iron and Steel Group Company

It will also play a positive role in future product sales.

"Mayor Xie, I didn't mention anything, and you just agreed. This is not in line with the negotiation practices between the two parties." Fang Mingyuan said with a smile.

Xie Guohai smiled and said: "Don't we believe in Mr. Fang's credibility? This also shows our sincerity!" Xie Guohai was able to make such a guarantee easily because the Fang family's reputation with the Beijing City Government has always been good and they would not speak loudly.

No matter how high the price is, we will not make any unrealistic demands. The many cooperations between the two parties can be said to have resulted in a win-win and gratifying result, which has played a non-negligible role in promoting the economic development of the capital. Moreover, the relationship between the two parties

There are still many projects in the pipeline, and the Fang family's construction of Beisan County also requires cooperation from the capital, so they believe that Fang Mingyuan will not raise prices randomly.

Fang Mingyuan pondered for a moment and said: "Mayor Xie, since all the leaders have spoken up to this point, I will speak openly. We will do what we can do, and we will forget what we can't do."

"Of course, that's the best thing." Xie Guohai said with a smile, "Everyone should be honest and candid, so as not to waste time by going around in circles. Mr. Fang, you can't say that you have everything on your plate, you have a lot to do every day."

"First of all, this matter cannot be made public in a short period of time, so as not to affect the merger of CMM Company and Haiping Mining Company. Can Mayor Xie understand this?" Fang Mingyuan said.

"There is no problem. We can keep it secret. Both parties sign a secret agreement. It will be made public only when both parties agree to make it public." Xie Guohai said happily. Fang Mingyuan didn't need to explain the reason. He could also think of it. Anyway, as long as the Fang family

If you admit this equity transfer, there will be no problem. Even if you take a step back, the Fang family's assets in Beijing can completely make up for the losses of Beijing Iron and Steel Group Company.

"Secondly, the car market in Beijing must be fully liberalized to the products of Qinchuan Samsung Motors Group Co., Ltd., and policy barriers must not be intentionally set up to hinder market entry." Fang Mingyuan said, "Mayor Xie, local protectionism is a must." (To be completed.)

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