Hong Kong, July 1987.

A company called "Hong Kong Elemental Resources Co., Ltd." is low-key registered. The physique of this company is indeed not small, with a registered capital of up to 10 billion Hong Kong dollars alone. If the news is put out, it will definitely shake the media.

However, this company unexpectedly did not choose to announce its capital strength with great fanfare, but subtly chose silence and became a rare invisible company. Of course, if you want to check, you can still find out the strength of this company. However, banks, accounting firms, and law firms will certainly not easily disclose customer information.

At the beginning of the periodic table company, Lin Qi invested 5 billion Hong Kong dollars, accounting for 50% of the equity, and Rong Jian invested 2 billion yuan, accounting for 20% of the equity. The remaining 30% of the original shares were eaten by Guo Henian. The chairman of the company is naturally Lin Qi, who has contributed the most capital, and Guo Henian and Rong Jiandu serve as vice chairman and executive director.

Of course, as a non-ferrous metal mining and processing company, the company does not have any mineral resources at present. Therefore, the periodic table company needs to rely on Guo Henian's network resources to operate the investment and acquisition of international mineral resources. Resources such as oil, naturally, cannot be played.

The periodic table company is mainly engaged in the acquisition of rare metal ores. Of course, resources such as coal, iron ore, and copper ore can be eaten as long as they are profitable. The company's development route is basically to raise mines with mines, obtain cash flow through resource development and sales, and then continue to buy mines. Of course, there will certainly be a huge amount of debt in the acquisition process. But as long as you grasp the rhythm, you should be able to become the fastest growing resource giant in the world like Glencore!

Of course, even in the short term, there is a shortage of capital chains, or even a run. As long as the shareholders behind the company have enough capital to save the day. Then, this snake game will definitely be able to continue to be done. After all, the price of resources in the world at this stage is not too expensive in the long run. As long as a large number of mines are hoarded and the capital chain is not broken, it can be regarded as a good business in the long run.

As for the position of general manager of the periodic table company, after several major shareholders discussed for a long time, they decided to invite Dong Jiancheng of the Dong family to come to take the position. Because the resource industry must need strategic cooperation with companies in the shipping industry, without transportation and logistics, no matter how good the resources are, they cannot be turned into profits.

The global shipping market stretched from the late 70s to the early 90s with excess capacity, resulting in the global ship kings and the shipping industry being hit hard.

Among them, Dong Haoyun, the founder of the Dong family, was bent on building large ships during his lifetime, with 150 super giant ships, and OOCL's shipping capacity reached 10 million tons, making him a world-class ship king like Pao Yugang.

Hong Kong is a port city, but it is home to two world-class ship kings. The transport power mastered by each ship king was even no less than the tonnage of the Soviet ocean-going fleet. In Asia, Japan's shipping strength cannot be compared with Hong Kong's two major ship kings, which is indeed shocking.

However, this practice has created a debt of HK$20 billion for OOCL. If the shipping industry is in a boom stage, it is naturally every problem, but the problem is that the global shipping industry is in a stage of oversupply and serious surplus. As a result, shipping giants with too much debt are under the dual pressure of declining order sizes and increasing interest on loans that need to be repaid.

After the death of King Dong Chuan, his sons Tung Chee-hwa and Tung Jiancheng returned to Hong Kong and began to take over the business. However, the pressure of endless debt forced the company to continue to lose money. In addition, more than 150 creditors with names and surnames continued to come to the door to force debts, which made the Dong brothers embarrassed. The downturn in the shipping industry, the world's top shipping giant, is on the verge of insolvency.

To this end, Tung Chee-hwa, as the chairman of OOCL, began to announce that he would not take a penny of wages and would continue to hold on until the company turned a profit. At the beginning of '85, OOCL's listed shares were suspended from trading until the debt restructuring was completed. As the chairman of the company, Tung Chee-hwa even wrote a letter to his daughter studying abroad in tears, telling her that from the next semester, she will no longer be able to provide her with tuition and living expenses, and she will have to rely on herself for everything.

Of course, the most critical moment should have passed. This is because HSBC, OOCL's largest creditor, announced that it would not run on the bank, but instead provided a new loan of US$100 million to allow it to continue to operate.

In addition, Fok Ying-tung, Bank of China and other institutions have also begun to provide new funds to allow OOCL to alleviate the pressure of cash flow breakdown.

Of course, despite this, OOCL can only barely survive the situation and did not go bankrupt immediately. However, it is still losing money, and it is necessary to sell assets continuously to reduce the debt burden.

Periodic Table, as a new company with strong capital and no debt, the partnership with OOCL will greatly alleviate OOCL's lack of orders and debt pressure.

"Mr. Dong, Elemental Resources Co., Ltd. would like to invite you to be the General Manager, and in order to better cooperate with OOCL, it is very necessary for our company to carry out long-term cooperation with shipping companies in order to better cooperate with OOCL in order to better cooperate with OOCL. Lin Qi said with a smile, "After you have the General Manager, you can give priority to OOCL as our preferred transportation service provider." The general manager of the company, with an annual salary of 240,000, is not very much. However, according to the performance of the business, the general manager will be given an equity incentive, which is not less than 0.1% per annum. The term of office is 5 years, and you can get 0.5% of the equity, and this part of the incentive does not need to be subscribed. All you need is the goals set by the company to be able to achieve them!"

Dong Jiancheng asked, "What kind of business goals?"

"Lithium, cobalt, nickel and other metals are the most preferred, of course, this metal is too rare, and it is generally a byproduct of other metal deposits, so we may also buy gold, silver, copper, iron, coal and other resources." The future development goal is to become the world's mainstream resource and mineral giant!"

Dong Jiancheng frowned and said: "The experience of our Dong family's Donghai Overseas Company, Mr. Lin, don't you care? As a world-famous ship king, my father is also first-class in the world in terms of shipping business management, and his business scope is all over the world. But because of the misjudgment of the market trend of the shipping industry, the company has caused such a bad situation!"

"Yes, resource extraction, like shipping, is a cyclical industry! But I want to tell you two things: first, resource prices will be in a big bull market in the next 20 years, and it is not uncommon for many common resources to rise five or even ten times. Second, resources such as lithium, cobalt, and nickel, compared with other resources, are in the development and promotion stage of application, and for a long time, they will only be in short supply, and there will be no obvious cycle!" Lin Qi said with a smile, "Even if it is OOCL, I think that if it lasts until the 90s, it should be able to turn a profit!"

"This?" Dong Jiancheng said in surprise. You must know that the reason why the Dong family insists on it is because the family business is tied to OOCL and there is no way to retreat. On the other hand, for the sake of his family's reputation, he would rather be bitter than lose his trust.

In addition, the shipping industry also has huge strategic significance in the world, such as the Dong family's shipping empire encountered a microcomputer, Hong Kong has not yet returned, but the country has reached out in advance to win over the Dong family.

It is precisely for this reason that Tung Chee-hwa later became the chief executive, and it is obvious that he is pro-central.

As for Tung Chee-hwa, after Tung Chee-hwa stepped down from the company and began to enter politics, he replaced his brother as the general manager of the shipping company. Although his reputation is not as good as that of his father and brother, the valuation of OOCL has been continuously repaired, which shows that Dong Jiancheng is not a mediocre talent.

Even if the legend of Dong Chuanwang has fallen to the bottom, there is no doubt that the Dong family is still a very good talent, and letting the descendants of such a big family become executives is far inferior to the professional managers of the Dong family than hiring network resources.

Lin Qi's conditions are not low. Even if Dong Jiancheng goes out to find a job now, he may not be so decent, so Dong Jiancheng finally agreed to work in the periodic table company for five years. On the one hand, it is because the salary is really good, and on the other hand, it is because of the fact that working at the periodic table company can help the family business OOCL turn the situation around.

The world is in an environment of excess capacity, and even 5% more transportation orders are enough to survive better than other competitors. When a large number of competitors, because of business difficulties, continue to eliminate ships, the problem of excess capacity will naturally end, and the global shipping market will enter the next wave of bull market.

Therefore, for the shipping giants, the less strength they lose now, the greater the benefits they will gain when the industry warms up in the future.