Minjiang Hydropower: 200 million reconstruction funds without landing 300 workers no class

Sichuan Minjiang Water Conservancy and Power Co., Ltd. (hereinafter referred to Minjiang hydropower) the power industry listed companies, in the earthquake last year suffered heavy losses. During the reconstruction process, the enterprise encountered many difficulties and problems.　　More importantly, such as the Minjiang River hydropower, such as local small and medium-sized enterprises, post-disaster reconstruction has been the financial policy assistance is almost blank, to our future social relief work put forward a new topic. The 200 million-notch earthquake has passed for a year, and 12 women workers in the 110,000-volt willow ping substation are still terrified every day. Now, the Willow Ping substation room, at any time facing the danger of collapse, because the earthquake in the house seriously damaged.　　Now, less than 100 square meters of the room, is supported by many steel pipes. The engine room has basically lost the function of preventing rain, windproof and anti-theft. Ceilings often leak, windows, doors are no longer exist. Nearby the kind enterprise presents to the Yang Liu substation raft, is made the temporary ceiling, has already been decayed by the worm. And a few women workers to cover on the switch cabinet of plastic sheeting, also need to change immediately. But these usually seemingly simple objects, now for the Willow Ping substation, if the replacement is more difficult, the problem is very simple-no money.　　Yang Liu Substation staff said they desperately need money, immediately repair or cover the house, or the rainy season will soon come, plastic sheeting difficult to withstand the attack of heavy rain. The substation operators said they were worried that the house would suddenly fall off, smashing millions of of the power equipment, and not guaranteeing the power of 16 large businesses nearby. At the same time, they feared that nearby farmers would enter the room where there were no doors, fiddling with their equipment and causing danger.　　The women are only allowed to sit down, or put on a warning sign at the door, to warn. Yang Liu substation, is not the Minjiang River hydropower in the earthquake damaged the most serious subordinate enterprises. Last year's earthquake, the Minjiang hydroelectric power, the Aba Tibetan and Qiang Autonomous Prefecture, the only one listed company, the loss is very heavy. Under the copper bell, Xia Zhuang, sha Licensing and grass slope 4 directly under the power station, and 12 substations and their supporting transmission lines, the tower was seriously damaged.　　And the company holds 40% shares of the Futang power station, and in the ABA Prefecture investment in hydropower projects under construction, also suffer from varying degrees of damage. According to statistics: "5·12" Wenchuan large earthquake to the company caused direct property loss of 155 million yuan. Because of the earthquake to the Minjiang river water and electricity caused greater damage, so the normal production of the enterprise has caused a great impact.　　Last year, the Minjiang River hydropower loss of up to 300 million yuan. Liu Guangjin, of the Minjiang Hydropower Company's comprehensive culture department, said that the company has maintained a good momentum of development in the past few years, with a profit of 2007 reaching 130 million of the best level in history.　　But a huge earthquake, but the enterprise has been hit by an unprecedented. After the earthquake, the Minjiang River water and electricity immediately organized the trapped staff to rescue, repair rush power grid and other work, to ensure that the enterprise did not occur after the earthquake casualties, and in the first time, through the emergency recovery in time for the ABA in all levels of earthquake relief commandDepartments and hospitals and other important units to transport electricity, has resumed the hardest-hit victims and the state's key industrial enterprises in the power supply, by the ABA State Government awarded the "ABA Prefecture Earthquake Relief advanced units." After the decisive victory of the emergency rush, the Minjiang River Hydropower company continued to fulfill the social responsibility of the electric power enterprise, and actively carried out the reconstruction work of power station and power grid.　　Due to the leading position of Minjiang hydropower in the ABA Power Plate, the process of restoring power station and power grid is also the reconstruction process of the Minjiang hydropower itself, but the recovery and reconstruction of the enterprise is difficult. Liu Guangjin told NetEase Finance, the Minjiang hydroelectric disaster reconstruction funds need at least 450 million yuan, the current in place capital of more than 80 million yuan, the bank to provide loans of 180 million yuan, that is to say, there are more than 200 million reconstruction funds gap. [Page] missing relief at present, in the Minjiang River hydroelectric power station and substation, the lower village, Copper Bell two power stations have been restored power generation, and sand and grass slope two power plants are still in the process of recovery.　　Of the 12 damaged substations, 9 are restored and 3 are still recovering. As a result of the reconstruction of more than 200 million funding gap, Minjiang hydropower is now in a dilemma. Deputy general manager Zhu Coqing told NetEase Finance, enterprise reconstruction funds mainly rely on bank loans, although the state has introduced a number of preferential policies, but the state is a policy of loans, the bank is entrepreneurial operation.　　Such loans will need to be secured, but the current Minjiang River hydropower assets loss, provide security or seek security is extremely difficult, resulting in business loans difficult. In other words, it is hard to get large loans from banks at present. Zhu Coqing says workers ' wages are also paid by bank loans. As the Minjiang hydropower belongs to the ABA prefecture of Local enterprises, in the social assistance is relatively small, even can be said to be negligible.　　In addition to the Bank reconstruction funds, it can be said that the whole rely on self-help to raise. The Willow Ping substation staff with a bit of grumbling, so far the enterprise to account from the government's donations only the ABA government donated 50,000 yuan.　　And in accordance with the government requirements, in order to restore the Ginkgo Biloba Township and its victims of the settlement point of power supply, Minjiang hydropower is the only amount of money invested in more than 3,000 yuan of rush funds. She said that now the people affected by the people, the disaster-stricken schools have counterpart support, Central enterprises have SASAC concern. And only their type of local enterprises, few people.　　"A primary school can get hundreds of millions of of the donation, and we are so big a business is very few people care, don't forget we also solve more than 1000 people employment." Nowadays, the Minjiang River hydroelectric power is very frugal in peacetime due to capital shortage.　　For example, the original use of mineral water drinking fountains to provide office drinking water, has now been unified switch to boiler heating; All internal office paper, must print double-sided and so on.　　The shortage of funds makes it difficult for the Minjiang hydropower station to complete the restoration and reconstruction, but also causes many enterprises employees can not work normally. Zhu Coqing said that the Minjiang hydropower currently has more than 300 employees in the holiday, only the basic wage. Zhu Coqing worry that employees will have emotions for too long. He wants the company to doEarly recovery, so that these workers back to work early.　　[Page] in order to quickly raise the recovery of reconstruction funds, Minjiang hydropower set up by the company's leadership of the fund-raising working Group, looking for funds around. Another big problem is that companies that have recovered their power generation are hard to make money--and the electricity bills don't get back.　　As the Minjiang River hydroelectric power of 100 major customers in 64 are at a loss, these enterprises to pay electricity tariffs began to lag, affecting the turnover of the company's liquidity. So far, electricity companies owe Minjiang hydropower utilities up to more than 70 million yuan, of which in 2008, after the Wenchuan earthquake, the new cost of more than 20 million yuan, before the earthquake owed more than 50 million yuan.　　At the same time, the residents of the Minjiang River hydroelectric power is concentrated in the disaster area, many of the affected people, electricity tariffs are difficult to collect. Zhu Coqing said that the earthquake will be the entire line of the Minjiang River power grid in Yingxiu as the world torn into two isolated north and South power grids, although the rush has now been restored to power supply, but one of the North and South network is still only isolated operation, security and stability of the situation is still very serious, the second is due to the power supply "gateway" restrictions, The current power supply state of the Minjiang power grid is needed to get down, unnecessary to go on.　　' Now we are spontaneous, self-sufficient, ' he quipped. After the earthquake, the Minjiang hydropower self-help process seems a little lonely. This is a widespread phenomenon in the disaster-stricken small and medium-sized enterprises. A small business owner who declined to be named said: "We are always in the self-help, the money is difficult to raise."　　No bank is willing to lend money to us, they are more willing to loan money to those big business. In the interview, Min, an employee of electricity and water, told reporters that the enterprise is our home, our food and clothing parents, we are anxious to return to the company as soon as possible to the level before the earthquake, as a power enterprise, business electricity for the first, there is no electricity, production and life in all walks of　　As the saying goes, "Ching", the shortage of funds makes our recovery and reconstruction difficult.　　Although oneself also unceasingly "hematopoiesis", and through "saves a piece of paper, once electricity, one inch wire" and so on strengthens the internal control, but like the Minjiang River hydroelectric power such heavy disaster enterprise as if relies on own strength to be difficult to complete restores before the earthquake the production capacity. "The next step is to strengthen the power grid recovery with the support of the state county government and the company's major shareholder, the Sichuan Power company, and to reflect these issues to provincial companies and local governments, with a view to achieving a step-by-step solution." Zhu Coqing reluctantly said. >> Direct to China Financial Network (author: Zhang Shen Zhang Qian)