Rebirth of the Official Business Route

The Jinshan Electronics Industry Forum will only last for two days. In addition to the opening ceremony and summit forum, the next day will be held in the Grand Complex of the International Convention and Exhibition Center and the Convention and Exhibition Center Hotel in e-government and software industry, Jinshan Electronics Industrial Park, and Internet media. Ten thematic forums and conferences including exhibitions and social impacts. At the same time, the Jiangnan Provincial Government and Jinshan Municipal Government will also carry out project signing ceremony, bank-enterprise docking, scientific research institution-enterprise docking and other economic and trade activities at the International Convention and Exhibition Center.

The steel roof is criss-crossed above the exhibition venues, and the architectural style is rough. However, from the end of the 1990s to the beginning of the 21st century, almost all the domestic exhibition centers have such architectural styles. This style of imitating Western convention and exhibition buildings does not have its own vitality. Fastest update of novel chapters

On the second day, apart from browsing the status of various thematic forums and meetings, there was nothing in the building of the convention and exhibition center that made Zhang Ke linger.

In the economic and trade activities on the second day, Chen Xinsheng, on behalf of Aida Group, signed a letter of intent with the Jinshan Municipal Government for the investment project of the Jinshan Research Center with an investment of 200 million. The total amount of investment funds intended for the second phase of the project has reached 3 billion. Compared with them, Kumho’s performance this time is indeed not much better. "Fiction" novel chapters are updated fastest

Ge Yinjun encountered Zhang Ke, who was still attending the forum today and hiding in the audience pretending to be the audience, could not help but taunt him: "I heard you impassioned yesterday, and I thought Kumho could do much this time... only two. It's only billions."

Zhang Ke smiled, not wanting to bother him. But seeing his arrogant appearance, I couldn't help but want to stimulate him one or two sentences: "What is signed is only the letter of intent. How much the so-called intention funds can be implemented. No one can say. Writing it out is just to make the government report look good. Some, why should I make the Jinshan Municipal Government's report look beautiful? Two hundred million. It's just a number that was boringly thought up last night. I'm sure to tell you that the Hong Kong Stock Exchange today bought it electronically. The funds are more than 200 million!"

Listen to Zhang Ke mentioning Schwab Electronics again. Ge Yinjun looked at him vaguely, and turned around and left without saying anything.

Seeing Ge Yinjun leave boringly, Ye Jianbin sneered and said: "Jianye only Microchip Microchip project has 10 billion investment funds that have been put into practice. What is this kid worthy of arrogance?"

"He really couldn't find a chance to taunt us!" Zhai Danqing said with a smile.

"No, no," Zhang Ke said, shaking his head. "They regard Jinshan as their own territory, so they have such a posture."

Hearing what Zhang Ke said, Ye Jianbin laughed and said, "The acquisition of Chenxi Paper is really going to be done. I don't know how ugly their faces will be."

According to Zhang Ke, Ge Yinjun didn’t take it too seriously at the beginning. Until four o’clock in the afternoon, Schwab’s headquarters in Hong Kong called and told them that Schwab’s stock trading volume on the open market today was significantly higher than in the past. Increases, and then they feel that the situation is much more serious than they thought.

Affected by the Asian financial turmoil, the Hong Kong stock market has also plunged into a quiet winter. Trading is not active and trading volume continues to be sluggish. The daily trading volume of Schwab Electronic’s stock has continued to increase recently-Kumho’s intentions are becoming more and more obvious.

Zhou Jinyu had to rush to the airport to see off some important guests. Ge Mingxin, Ge Yinjun, Xie Hanjing, Xie Hanming, Xie Jiannan and others were a little flustered. After the conclusion of the Electronics Industry Exhibition Forum, they urgently gathered in the luxurious suites of Jinshan Hotel to negotiate.

Although it can be estimated that Kumho’s existing capital stock is not enough to pose a threat to Schwab, with Kumho’s current scale and status, even if it raises 8 billion in funds from the sluggish international financial market, no one can be sure Said this is impossible.

If Kumho were to take control of Schwab Electronics from the open market, Xie Hanjing would not dare to imagine the consequences of this incident. Jinshan Electronics Industrial Park would naturally become Kumho’s possession. All their efforts, But did he make a wedding dress for Kumho, wouldn't it be a big joke? The Chint Group and Schwab Electronics are getting closer and closer. If Kumho takes control of Schwab Electronics, it will be impossible for them to avoid Kumho from a distance. They will probably ride Kumho on their heads forever. . Schwab Real Estate and Schwab Electronics are the two pillars of Schwab Group, and Ge Mingxin will never tolerate others who have entanglements in Schwab Electronics.

"It's really a mad dog!" Ge Mingxin snarled, suppressing his voice. He didn't understand how substantial the sniping of Schwab Electronics was to Kumho, but they were indeed doing it.

"The Hong Kong stock market is not better than the mainland, and the supervision is much stricter. They can't do it arbitrarily, right?" Xie Hanming said hesitantly. He is not very familiar with the securities market. He intuitively believes that Kumho cannot act arbitrarily in the Hong Kong stock market. .

"Strictness is one aspect, but Hong Kong's financial market is also a highly liberalized market. Coupled with the frequent occurrence of international financial hot money in the Hong Kong stock market in the near future, they can completely cover up their acquisition intentions... They can diversify and inhale, and then choose the right one. The timing of merger and tender offer, the means we can use to counterattack is relatively simple." Ge Mingxin said.

In the current situation, even if it is impossible to predict Kumho's intentions, they have to fight a defensive battle seriously, which really makes Ge Mingxin depressed. The 1997 financial report that worries him the most will be released in a few days. The sharp decline in earnings data will prompt a large number of investments to abandon the stocks in his hands, which will allow Kumho to acquire the shares of Schwab Electronics at a lower cost.

Maintaining the stock price at a relatively high level is the best way to snipe the opponent, and it can force the opponent to abandon the merger because of excessive costs. In addition to the use of funds by Schwab Group to enter the market to increase its holdings, effective measures have been taken to increase future profit expectations and increase confidence in investment locations.

Xie Jiannan thought that this is the time to bring Kewang and Schwab Electronics closer together.

Schwab's shareholding in Kewang is only slightly less than that of Chint Group, close to 50%. The advantage of the brand of Kingland is also in the interests of Schwab, and it is good news for Schwab. In addition, Ge Yin, Kewang's overseas company, has personally held 80% of the shares. The brand advantage of Huake Wangdi is more in line with the personal interests of Ge Mingxin and Ge Yinjun.

Zhang Ke did not leave Jinshan that night. Still go with Zhao Youlun at Tiannan Hotel. After the banquet, Zhang Qie Jinhu told Zhao Youlun about his plan to acquire Chenxi Paper.

It is impossible for Liang Weifa to reply so quickly. Even if Liang Weifa did not reply, it cannot be said that Kumho's plan to acquire Chenxi Paper made him uneasy, but the political risks behind the plan and the huge controversy that might cause him hesitated and took his attention.

Zhao Youlun is a key person who can promote the implementation of the acquisition plan. Although Chenxi Paper is a provincial enterprise, it is located in Jinshan City after all, causing large-scale pollution to the Yinma River flowing through the western suburbs of Jinshan City. Local residents have caused a lot of inconvenience, and it can even be said to damage the health of residents on both sides of the strait. Zhao Youlun can apply pressure from the perspective of environmental law enforcement.

Hearing about Kumho’s intention to acquire Chenxi Paper, Zhao Youlun was quite surprised. In 1998, private capital wanted to acquire a large state-owned group. There was no precedent in China. Although the central government encouraged local governments to innovate and move forward boldly in economic system reforms, Who can be sure that this step is not a minefield or an abyss? Wang Youlun immediately thought of the benefits to him after the implementation of the acquisition plan: the key to the competition between him and Zhou Jinyu lies in who can make real results faster, and form a larger and more solid foundation among Jinshan's party and government cadres. .

Although the resistance of Kumho's acquisition of Chenxi Paper can be expected, once the acquisition is successful, it will suddenly turn to their benefit.

As for how to put pressure on Chenxi Paper, it is too simple.

For the residents on both sides of the Yinma River, which has been polluted in large areas, their sentiment towards Chenxi Paper Industry can be said to be bitter. Not only is the large number of fields and groundwater on both sides of the Yinma River contaminated. Due to pollution, the incidence of diseases among residents on both sides of the strait is much higher than in other regions. The local residents have caused panic, and most farmers sell the grains grown on both sides of the strait on the market. I then bought another grain from the market for food, and conditionally dragged it and even moved it from both sides of the strait downstream of the Chenxi Paper Factory. In the past, the eyes of the provincial and municipal governments only saw the economic benefits created by Chenxi Paper, and turned a blind eye to the harm caused by pollution to the residents on both sides of the Yinma River. Whether it’s petitioning or group meditation--they are severely suppressed.

As long as Jinshan City rarely obeys public opinion, it can provide Kumho with an excellent help in acquiring Chenxi Paper.

In early March, the International Economic Cooperation Organization report pointed out that despite the financial crisis in Asia, the total amount of financing in the international capital market in 1997 exceeded US$17 trillion, a record high; the US Department of Commerce also announced the US economy in 1997. An increase of 3.8%, the largest increase in the past 9 years. All the signs do not seem to be enough to explain that the global economy is dragged down by the Asian financial crisis. The financial markets of Asian countries and regions have begun to rise after a sharp decline for more than half a year, and the Hong Kong Hang Seng Index has also risen from the lowest. The low point of less than 9,000 points rebounded. Concerns about the decline in the performance of listed companies were also concealed in a false restorative prosperity, and the transaction volume continued to rise.

In this situation, the Schwab Group cannot judge the extent of Kumho’s sniper force against Schwab Electronics. They can only increase their holdings in Schwab Electronics in accordance with the established defensive strategy and increase the shareholding ratio in Schwab Electronics to a relative level. In terms of safe value, it consumes a lot of cash of Schwab Group.

In the next half month or so, the Ninth National People's Congress held in Beijing became the focus of attention from the whole country and the whole world. The prime minister, deputy prime ministers, state councilors, and ministers of the new government are all elected at this meeting. Zhao Jidong will be the prime minister of the new government and preside over the work of the central government.

In response to the current situation of the Asian financial crisis, the two sessions put forward the economic goal of "ensure that this year's economic development should reach 8%, the inflation rate should be less than 3%, and the renminbi will not depreciate". The measures to support this economic goal include: Strengthen the infrastructure construction of railways, highways, farmland water conservancy, municipal administration, environmental protection, etc., strengthen the construction of high-tech industries, strengthen the technological transformation of existing enterprises and other macro adjustment measures to stimulate the continued strong economic growth.

What is closely related to ordinary people and the most profound feeling is nothing more than the reform of the housing system and the reform of the medical system proposed at this conference.

The housing system reform has been brewing for three years, and the current welfare housing allocation policy has been changed to a monetized and commercialized housing policy to promote housing construction as a new growth point for the economy. Although the two sessions did not explicitly propose the real estate industry as the pillar industry of the national economy, the proposal of the housing system reform alone is enough to make real estate developers across the country happy.

After Shao Zhigang and Zhang Zhifei learned about the relevant news ~www.wuxiaspot.com~ they even planned to hold a banquet, in order to encourage Jianye City to follow the central government to formulate detailed policies on the cancellation of welfare housing allocation, and fully push the housing needs of a large number of urban workers to the market. , Nearly half of the commercial residential projects in the Yangui Lake East Bank Commercial District project will directly benefit from this policy.

Zhang Ke had long anticipated this, and he did not have any good or bad views on it. However, when real estate in various regions can directly benefit from the reform of the housing system, it depends on when the local government will actively adopt supporting measures. Policy measures to promote the reform of the housing system for local urban workers.

The most significant impact on Kumho is that the Ninth National People’s Congress proposed to strengthen the construction of high-tech industries. In addition, the Ninth National People’s Congress also passed the reform of the central government’s institutions, reducing as many as 11 ministries and commissions at once. In the electronics industry The Ministry of Information Industry was established on the basis of the Ministry of Posts and Telecommunications and the Ministry of Posts and Telecommunications.

Although the information on the formation of the information industry group was not publicly disclosed this time, Geng Chongyang’s remarks on the separation of the government and enterprises in the telecommunications sector at the new minister’s appearance alluded to relevant information. The establishment of China Electronic Information Industry Group has been unavoidable for related requirements such as the development and strengthening of the status of state-owned assets in the core industry.

:,