Hua Yusheng's personal deeds

At 200 1, Hua Yusheng came to the unsustainable city investment company. At that time, the debt to be repaid by City Investment was as high as 65.438+0.844 billion yuan, and the company basically had no source of repayment funds. The annual financial allocation of more than 2 billion is simply out of proportion to the annual investment of more than 2 billion. Hua Yusheng handed over the debts and assets of two water plants invested by 65.438+0.3 billion yuan during the Ninth Five-Year Plan period to the Water Group, and included the roads in the main urban area and the urban-rural fringe. At the same time, he started the renovation of nearly 10,000 mu of land reserves. Shortly after he took office in the city investment company, he found that a huge foreign debt on his account was more like an unavoidable hard battle. 1At the end of 997, in order to solve the shortage of funds for urban infrastructure construction, Chongqing transferred 50% of the management right of Lijiatuo Yangtze River Bridge in Chongqing to CITIC Pacific Company in Hong Kong with a repayment period of 20 years. According to the agreement, the city investment company will pay a fixed return of 14.5% to CITIC Pacific every year, which means that the foreign currency paid by Chongqing to Hong Kong will reach145,000 USD every year. 200 1 This kind of "losing money to attract investment" makes the debt repayment contradiction between the city investment company and this project very prominent. In order to solve this thorny problem, Hua Yusheng, with two assistants, went to Shenzhen several times for arduous negotiations with Hong Kong. After many twists and turns and repeated consultations, it was finally decided that Chongqing would invest 907 million yuan to recover the management rights owned by Hong Kong at one time. This scheme shortens the payment period by 9 years and saves financial expenses by nearly 654.38+0.4 billion yuan. The "resurrection" of Chengtou did not make Hua Yusheng give up his innovative thinking. City investment has always followed the market and unblocked capital operation channels. When investing in road and bridge construction, Hua Yusheng firmly grasped the priority of land reserve around the road and bridge. Because these low-priced land reserves will inevitably appreciate because of the convenience of transportation. His wise move reserved more than 1 10,000 mu of land for the city investment, which will be the core area of one of the three CBD in Chongqing in the future urban planning. Under his leadership, Chongqing Chengtou started construction of five super-large bridges in the main urban area at the end of 2004, including Caiyuanba Yangtze River Bridge, Shibanpo Yangtze River Double Track Bridge, Jiahua Jialing River Bridge, Chaotianmen Yangtze River Bridge and Yudong Yangtze River Bridge. The scale, investment and technology of the Fifth Bridge are beyond many people's imagination. After the completion of these bridges, the driving distance between the main urban areas of Chongqing, which was once separated by the two rivers, will be shortened by 1/3- 1/2. At the end of 2003, in order to prepare for the Asia-Pacific Mayor Summit, under the severe situation of tight time and heavy tasks, Hua Yusheng issued a military order to the municipal government, devoted himself wholeheartedly, carefully organized and managed, and raced against time. With a total investment of 654.38+03 billion yuan and a construction scale of 200,000 square meters, the Chongqing International Convention and Exhibition Center took only one and a half years to complete the construction that would normally take three years to complete, ensuring the world-renowned Asia-Pacific Mayor Summit. In May 2004, he proposed that Chongqing Chengtou take the initiative to set up a legal person in Chongqing insurance company. After more than two years of unremitting efforts, Ancheng Property Insurance Co., Ltd. passed the strict examination and acceptance of China Insurance Regulatory Commission on February 29th, 2006, becoming the first professional Ping An insurance company in China and the first national property insurance company registered in Chongqing. The successful establishment of the company has filled the gap in the headquarters of Chinese-funded property insurance companies in southwest China, marking the basic formation of the framework of the city investment company as a financial holding group. In 2002, during the road and bridge toll reform in the main city, Hua Yusheng, who had not recovered from his sick leg, led several elite soldiers, conducted in-depth research, carefully planned and participated in the negotiations. With the 4 billion yuan raised, he repurchased and leased the main city 1 tunnel and 24 toll roads, demolished more than 40 toll stations, improved the traffic in the main city and enhanced the image of Chongqing. He overcame his illness, carefully organized and implemented the comprehensive credit of four major banks 1, 5 1 billion yuan and issued 2 billion yuan of corporate bonds to expand the scale of urban investment and financing.