Chapter 921: The Zhao Family's Dilemma (1) (4100 word chapters, please subscribe!~)
There are a total of five Chinese ship kings in Xiangjiang, namely the charter boat king, Dong Haoyun, Zhao Congyan, Xu Yizhou, Cao Wenjin, among which Xu Yizhou belongs to the old ship king, has long passed away, and now the Xu family's industry is succeeded by his son Xu Shixun, Xu Yizhou is the only Guangdong provincial person among the five major ship kings in Xiangjiang, and is also the first of the five ship kings to abandon the boat and board the road.
Xu Yizhou even began to prepare for the abandonment of the boat landing in the fifties and sixties, and entered the real estate industry in Xiangjiang on a large scale and established the China Construction Enterprise Company, but at that time, the media in Xiangjiang generally believed that Xu Yizhou was defeated by the Huhai Gang and turned to the real estate industry, but now these are no longer important, the important thing is that when the shipping industry enters the cold winter, Xu's is the least affected.
Today, Xu's has already completely shifted its focus to the real estate industry, owning China Construction Building, Asia Bank, Shell Building, Luoling Building, Aiqun Building, Zhongcha Center, Xiaolu, etc., and owning Asia Freight Building, Huifeng Commercial Building and other properties.
Another prescient, before the low tide of the shipping industry, the abandonment of the boat landing is naturally the charter king, the charter king has acquired the Wharf with the help of Rong Le, Wheelock, before the shipping industry entered the depression period, early shifted their business focus to the real estate industry in Xiangjiang, but the charter king is not like Xu, completely withdrawn from the shipping industry, still holds a lot of cargo ships.
Part of the loss of the charter ship king is from the two major cooperative companies of Dongying, namely Dongying Yamaguchi Steamship Co., Ltd. and Dongying Shipping. As of this year, the charter king still has signed charter agreements with Dongying Yamaguchi Steamboat Co., Ltd. for 18 ships, with a total rental value of about 10 million US dollars!
The relationship between the charter ship king and the president of Dongying Yamaguchi Steamship Co., Ltd. is very good, when the shipping industry enters the depression, the charter ship king is also worried about his friends, and has been persuaded many times, and later for the sake of stability, the charter king in the contract with Dongying Yamaguchi Steamship Co., Ltd. when signing a contract, ask for a bank guarantee to obtain a sense of security!
At the same time, the charter king is far-sighted, in the 60s to 70s and the Dongying people in the contract, the charter king insisted on the US dollar as the standard for settlement, and fixed the ratio of the yen to the US dollar of 360 yen to 1 US dollar, this measure also allows the charter king to get additional income now, with the continuous appreciation of the yen now, but also let the world get a huge buffer space, so in the coming cold winter of the shipping industry, the loss of the charter king is the second smallest of the five ship kings.
With the simplest example, we can explain how terrifying the cold winter of the world shipping industry is, that is, in 1980, a 250,000-ton cruise ship cost 70 million US dollars, but this year's market value is only 200,300 US dollars!
However, the other three ship kings were not so lucky, they all suffered huge losses, Cao Wenjin's loss was the smallest of the other three, this is because Cao Wenjin did not abandon the boat and landed, but also according to the general environment, at any time to adjust the number of cargo ships in his hands.
At the same time, Cao Wenjin has also adopted a strategy of shipping-based and diversified development, Wanbang Group's business covers Southeast Asia, with nearly 20 kinds of business types, and Wanbang Shipping accounts for a quarter of Wanbang Group's assets, but the only thing that Cao Wenjin regrets is that he did not invest in the real estate industry in Hong Kong.
The fate of the other two ship kings is not so lucky, after the death of Dong Ship King, Oriental Shipping is in high debt, last year it lost 970 million Hong Kong dollars, and the debt is as high as 1.4 billion US dollars, Dong Gongzi is struggling, if it is not for Rong Le to know that if there is no accident, this year Dong Gongzi will get 3.8 billion Hong Kong dollars of HSBC standby credit, next year through the hands of Huo Tsar, the Chinese group through the hands of Huo Tsar, inject 1.156 billion Hong Kong dollars, and obtain 50% of OOCL But even that didn't help OOCL out of trouble.
In desperation, Dong Gongzi had no choice but to announce a long-term debt restructuring plan for the Dong Group, for which Dong Gongzi paid a heavy price, no longer had any rights and interests, and retained his status as an administrator.
Dong Gongzi converted the debt into share capital, and the boss was demoted from the boss to the employee, and the boss was borne by the creditors, and the huge assets of the Dong family, the richest and most prominent in Xiangjiang at that time, were almost wiped out.
In the following years, Dong Gongzi developed steadily, selling various non-performing assets, selling ships, and slowly OOCL began to make profits, and the Dong family also came out of the haze, but this was only after the 90s.
The current Dong Gongzi is in a hurry.
Zhao Congyan has not had a good time recently, as the world's third largest Chinese ship king, in 1983, because Zhao Shipeng was worried that his assets were less than Zhao Shizeng, so Zhao Congyan invested a huge amount of 700 million Hong Kong dollars to buy 6 large ships, which shocked the shipping industry at that time, if it were not for Rong Le's timely dissuasion, Zhao Congyan would have invested more money.
Zhao Congyan's Huaguang Aviation was listed in 1973 and was once the brightest star on the Xiangjiang stock market, but now it is on the verge of bankruptcy. The Zhao family's nearly 4 million ton ships have been suspended, and the profits that have not been suspended are pitiful.
"Uncle Zhao, now that the shipping industry is in a depression, Huaguang Aviation should stop the loss in time!" Rong Le sat in Zhao Congyan's study, the warm sunlight shone into the study through the glass, but Zhao Congyan's mood was very cold.
Originally, in Zhao Congyan's view, the ship is an asset that can move around, even if the shipping industry enters a depression, the value of the ship will not be affected much, and at the same time, he was also fooled by the company's senior management, thinking that the cold winter of the shipping industry should have passed long ago, but now it seems that his decision is wrong after all.
"Ah Le, I miscalculated the development of the shipping industry, I didn't expect the cold winter of the shipping industry to be so long!" Zhao Congyan seemed to have aged a lot overnight, and he was not in a good mood when he entered 1985.
Fortunately, in the current family, not only has the business of the shipping industry, but also undertakes the assembly business of the arcade machine of the game department of Rongle's Tunan Technology Group.
"Ah Le, are you a little alarmist, although the world shipping industry is in a depression now, but our Huaguang Shipping Industry, most of the ships are leased to the Swedish Sharon Company, the British Scottish Shipping Company, the state-owned Irish Shipping Company, etc., these state-owned companies, they have their government behind them, as long as they survive this time, our Huaguang Aviation Industry will definitely turn over!"
Zhao Shipeng is also in the study, for Rong Le's words, he does not approve, in his opinion, the crisis crisis, it is the danger that is organic, maybe this is the opportunity for the development and growth of Huaguang Aviation Industry.
"How can there be no eggs under the nest, now the shipping industry is in a depression, there is no light in sight, even if these companies have their government support behind them, it is useless!" Zhao Congyan sighed, regretting that he did not listen to Rongle's advice and reduce the investment in the shipping industry, and now Huaguang Shipping has also entered a difficult time.
"Daddy, I don't think so, the depression is only temporary, I believe that our Huaguang Aviation Industry can survive this great depression!" Zhao Shipeng still said stubbornly.
Huaguang Aviation Industry will take over by itself in the future, if the investment in Huaguang Aviation Industry is reduced, it doesn't mean that it is necessary to increase investment in Zhao Shizeng, then the assets allocated by themselves will not be reduced, Zhao Shipeng's small abacus is very loud.
Zhao Congyan glanced at his eldest son, and then looked at the third son Zhao Shizeng and the fourth son Zhao Shiguang who were sitting next to Zhao Shipeng, with different expressions, obviously they all had their own plans.
"Shi Zeng, what do you think?"
Seeing his father asking Zhao Shizeng's opinion, Zhao Shipeng and Zhao Shiguang's faces became a little ugly, Zhao Shizeng quit Huaguang Aviation Industry early and launched his own Zhuo Neng Real Estate, while Zhao Shipeng and Zhao Shiguang stayed in Huaguang Aviation Industry, and now Zhao Congyan did not ask what they meant, but asked Zhao Shizeng's meaning, obviously in his father's heart, Zhao Shizeng was more valued.
Zhao Shizeng glanced at Rong Le and said, "Daddy, I agree with Ah Le's opinion, now that the shipping industry is in a recession, we shouldn't hang ourselves from a tree, OOCL is a good lesson, and the charter king has already given us a good start, why don't we take this opportunity to increase investment in other aspects?"
Zhao Shipeng's face changed greatly, and he said, "Shi Zeng, what do you mean, Huaguang Shipping, was founded by my father, and now you don't want to change the predicament of Huaguang Aviation, but you want to transfer funds to other industries, if this matter is disclosed by the media, what should we do about the stock price of Huaguang Aviation?"
Obviously, in Zhao Shipeng's view, Zhao Shizeng was already preparing for the family property in advance.
"Is there any better way for the eldest brother to Huaguang Aviation?" Zhao Shizeng glanced at Zhao Shipeng and asked, now that the development of Zhuo Neng Real Estate is good, coupled with his investment in Dongying, the family's Huaguang Aviation Industry is no longer so important to Zhao Shizeng.
"This ......" Zhao Shipeng looked stunned, and then pretended to be tough and said: "We should wait and see what happens, now that our contracts with several major companies have not expired, there is no need to be too anxious!"
"I also agree with the eldest brother's opinion!" Zhao Shiguang said, unlike the eldest brother Zhao Shipeng who also has cooperation with Tunan Technology Group, the third brother Zhao Shipeng once had his own Zhuo Neng real estate, and almost everything he did came from Huaguang Aviation, so he naturally did not want to shift the focus of the family's business.
Rong Le watched Zhao Shipeng and Zhao Shiguang speak one after another, and couldn't help but sigh in his heart, Zhao Congyan was famous, but he gave birth to such two straw bale sons, for his own selfish interests, he didn't care about the family business at all, and he always thought of himself.
Zhao Congyan is also helpless in his heart, now his third son is getting sharper and sharper, and the other two are naturally looking envious, in fact, Zhao Congyan's heart also recognizes the opinions of Zhao Shizeng and Rong Le, thinking that he should stop the loss in time, but doing so will inevitably make the other two sons dissatisfied, and he also has a lot of considerations in his heart.
Jingle bells!
At this time, Zhao Congyan's study suddenly sounded a piercing phone, in fact, the ringtone of the phone is always the same, but everyone can hear the urgency and anxiety in this phone ringtone!
Zhao Congyan picked up the phone, although he couldn't hear what was being said on the other end of the phone, but the other people in the study still saw that the expression on Zhao Congyan's face became extremely ugly.
"Daddy, what's going on?" Seeing Zhao Congyan put down the phone, Zhao Shizeng asked with concern.
"I just got the news that the state-owned Irish Shipping Company has declared bankruptcy and closed down!" Zhao Congyan sat down in his chair dejectedly, looking very lost.
"What? What about our contract with them?" Zhao Shipeng stood up in surprise, the Irish shipping company, but the Irish state holding company, how could they go bankrupt and go bankrupt?
"Don't think about the contract anymore, the Irish government will definitely not afford it, Shi Peng immediately instructed the company to calculate the company's losses this time!" Zhao Congyan said dejectedly.
"Daddy, you should have made a plan earlier, now that the Irish shipping company has collapsed, the next one may be the Sharon company, we must prepare in advance!" Zhao Shi once reminded that although he already had his own Zhuo Neng real estate, he didn't want his father's life's hard work to be ruined like this.
"Third brother, isn't it a bit exaggerated, can't the collapse of a family explain anything?" Zhao Shiguang was also surprised by the collapse of the Irish shipping company, but there was still a trace of luck in his heart, and he hoped that this was only temporary.
"Do we have to wait until all the companies go bankrupt before we can prepare? At that time, it will be too late!" Zhao Shi glanced at his younger brother, his eyes were full of disappointment, but he didn't expect that it was already this time, and he was still thinking about infighting.
"The third child, you have left Huaguang Aviation, you don't know much about the company's situation, and it's just hearsay for the global shipping industry, the more we retreat at this time, the more likely we are to fail, and only facing difficulties is the right choice!" Zhao Shipeng also spoke.
"You ......" Zhao Shizeng still wanted to say something, but was stopped by Rong Le with his eyes, what the two brothers see now is fighting for power and profit, and all they think about is the division of family property, it is impossible to agree with Zhao Shizeng's opinion.
"How much liquidity does the company have now?" asked Zhao Congyan.
"And more than 40 million Hong Kong dollars!" Zhao Shipeng replied.
"Suspend all shipping operations of the company, send people to keep an eye on those shipping companies that cooperate with us, and negotiate with other shipping companies to see if there is a purchase of the cargo ships that we are idle!" Zhao Congyan said.
"Daddy?" Zhao Shipeng and Zhao Shiguang's faces changed greatly, and Zhao Congyan's meaning was obviously more inclined to Zhao Shizeng's proposal.
"Well, I have just talked about the truth that there are no eggs under the nest, and the most important thing now is to let the company survive this cold winter in the shipping industry. Zhao Congyan said with a final word. I want to chat with more like-minded people about "{?$article_title?} ", WeChat pays attention to "excellent reading literature", chatting about life, looking for confidants~