After more than half a year of operation, Cathay Pacific Airways has become more and more declining, with the suspension of some routes, changes in flight times, and discounts on prices, so that Cathay Pacific Airways is unable to make ends meet every month and is in a state of loss.

Cao Guangbiao's ambitions have also completely cooled down, and when Li Guangyu was busy instructing Gan Qin to inform his subordinates to pass on the news of the perpetrators, several major shareholders of Cathay Pacific Airways gathered in the Cathay Pacific conference room again to discuss how Cathay Pacific will go in the future.

It was hoped that the acquisition of Cathay Pacific would allow them to open many routes to the Mainland, promote exchanges between Hong Kong and the Mainland, and at the same time protect the flow of passengers to their company.

However, the reality has dealt a blow to Cao Guangbiao and others, and none of the routes applied by Cathay Pacific Airways have so far been approved by the Xiangjiang Transportation and Housing Administration, but they have been treated differently in the flight schedule, making the timing of their flights quite bad.

On the contrary, Xiangjiang Airlines has continued to grow its fleet, and its routes are not restricted in any way, and it has also opened cities in Beijing, Shanghai, Jiangcheng, Shuangqing, Chang'an, Huacheng and Huanglong in mainland China.

In the face of Cathay Pacific's huge losses every month, some shareholders have already wanted to transfer their shares, but because of the relationship between Cao Guangbiao and Fok Yingdong, and now few families in Xiangjiang will come out to take over the airline in their hands, so they have not taken action.

Cao Guangbiao reported Cathay Pacific Wealth to these shareholders during this time, and also told the company's operation.

The shareholders present listened to Cao Guangbiao's report on the company, and they were all disappointed in Cathay Pacific Airways, and they knew that if there was no sudden benefit, Cathay Pacific Airways would not be able to operate, unless they were willing to lose tens of millions of Hong Kong dollars every month, not counting the depreciation expenses of the aircraft.

They jointly spent 5.1 billion Hong Kong dollars to take over Cathay Pacific Airways, and a few months ago they sold six old aircraft, recovering more than 20 million Hong Kong dollars.

Now Cathay Pacific still has 18 aircraft, and the main reason why the price was so high at the beginning is that Cathay Pacific is still the leader of Hong Kong, and Hong Kong Airlines has not yet started operation.

Now the market value of Cathay Pacific Airways is only half of the original price, and no one will take over, and the Hong Kong market is already the world of Hong Kong Airlines.

Bao Yugang didn't speak, he didn't care about himself anyway, he didn't think he could make money when he invested in it, and now such a loss, according to the shares, he still bears it, it still depends on Cao Guangbiao, Huo Yingdong and Hu Yingxiang, each of these three occupies 20% of the shares, and Bao Yu just 5%.

Huo Yingdong said: "Everyone has any ideas, let's talk about it, don't take care of any face at this time, we are talking business." I know that there are some shareholders who are already short of funds, and they are still devouring everyone's funds like a bottomless pit every month, so it has caused a lot of pressure. ”

Luo Yingshi saw that none of the people sitting there spoke, and he spoke: "If you don't want to start this, then I'll say a few words." You also know that the financial situation of my two listed companies is quite bad, Cathay Pacific is also losing money every month, we are all businessmen, and we have no hope of making a profit, so I think it's time to consider exiting. You said that if you can open the mainland route, the company can make a little contribution to the mainland, and it doesn't matter if you lose money, but we can't play any role now. ”

With Luo Yingshi taking the lead, several small shareholders spoke one after another, hoping to transfer the shares in their hands, and they had to get out.

Now Cathay Pacific is already a hot spear for them, not only is it not profitable, but it also needs to pay you a part of the money every month to keep the company running.

They are not the top families in Xiangjiang, especially when the global economy is weak, their profits have fallen sharply, and some families, like the Luo Yingshi family, have suffered a financial crisis.

They are trying to find funds everywhere to deal with the crisis of the family business, and they have to pay a sum of money every month, which makes them quite reluctant.

Some even hope to transfer their shares as soon as possible and recover the funds to improve the current financial situation of their enterprises.

Huo Yingdong and the others saw that many small shareholders present planned to sell their shares, and he also cleared that the current cooperation model could not be maintained.

Now they can't afford to buy the shares in these people, and they can't do it themselves. At the beginning, they were invited by themselves and others, but now the price is too small, they have ideas in their hearts, and the price is too high, and it is impossible for them to afford it.

Fok Yingdong said: "I think everyone knows the future development of Cathay Pacific, and with the existence of the Lee Consortium, we basically have no future for Cathay Pacific. Now it is still the situation that the Li consortium has not suppressed, you look at the price war in the supermarket, if he comes to the aviation side for a month or two, we can only choose to go out of business. Now that there are those who are willing to transfer their shares, they will not be blocked, and I hope you can reduce your losses as much as possible. ”

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After the meeting, Fok Yingdong, Cao Guangbiao and Hu Yingxiang exchanged their views on the situation of Cathay Pacific.

Hu Yingxiang said: "Yingdong, this time, except for Yugang, the other shareholders will be looking for a home outside, and the form of Cathay Pacific will be more severe." And on the employee side, I'm worried about another wave of resignations, which will obviously make them lose confidence in the company even more. ”

Cao Guangbiao is also aware of the situation, saying: "I will hold a staff meeting to calm their emotions and try to ensure that Cathay Pacific can operate normally." ”

In the face of today's situation, Cao Guangbiao can only do so much. Now that even shareholders have lost confidence in Cathay Pacific's future development, how can they ask employees to have confidence in the company's future?

Now that they are already riding tigers, the three of them have invested 3.6 billion Hong Kong dollars in it, and if Cathay Pacific collapses like this, their losses will be too great.

In order to be able to buy Cathay Pacific Airways, they deliberately found a bank to take out a loan and pledged some of their own enterprises, and if they lost money, half of their family business would lose money.

They are now putting their hopes on the mainland, as long as the Xiangjiang issue is resolved as soon as possible, they Cathay Pacific will be able to come back to life, if they choose to close the course at this time, their billions of Hong Kong dollars will be wasted, these people are obviously a little unwilling.

Fok Yingdong said: "The three of us have 60% of the shares, no matter what, it will not shake our control of the company, and in terms of operation, Guangbiao tries to make reasonable arrangements for flights." Reduce the company's losses. ”

What makes them helpless is that Youde's appointment has continued this MacLehose approach, and he is very tolerant of the Li consortium, and Xiangjiang Airlines has received all kinds of preferential treatment as before, and their Cathay Pacific is still the same as before, and there is no sign of turning around on the side of the Xiangjiang government.

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