Chapter 108: The Dilemma of Jinyang Shipyard
A few years ago, Jianning No. 2 Shipyard was in an embarrassing position because of the lack of orders and the competition for the first factory, so it was laid off.
Originally, the leadership of the No. 2 factory could not bear to see hundreds of workers laid off, so they went around to attract capital, and all the workers of the factory raised their own funds to set up Jinyang Shipyard, which is a private shipbuilding enterprise.
It was Yu Haibo's father Yu Changlin who advocated going to Jiangbei to take land and start a new stove.
Although there were bumps and bumps, the enterprise was finally maintained, and the hundreds of workers who were to be laid off also got a new lease of life.
Yu Changlin could have gone to the first factory as the deputy director, but he gave up.
The reason is very simple, I care about laid-off workers.
Sun Lin silently listened to Old Man Tang talk about the beginning and end of Jinyang Shipyard, and sighed in his heart, there are indeed not many such good leaders in these years.
I didn't expect Yu Haibo to have such a great Lao Tzu.
Jinyang Shipyard had a good momentum in the past two years, but it was targeted by Sanyu Shipyard in Nanbang Country.
Nanbang has been supporting the shipbuilding industry in recent years, and it is a tax incentive and a financial subsidy, so the shipbuilding industry has developed very rapidly and has the momentum of catching up with RB.
In later generations, it was indeed the shipbuilding industry of the Nanbang Kingdom that left RB and Huaxia behind, and the Huaxia shipbuilding industry still failed to catch up until Sun Lin was reborn.
The vision of Sanyu Shipyard is very poisonous, and it sees that the section of the river bank of Jinyang Shipyard is good, and the government at that time out of sympathy, the land price is quite low, and at the same time, some of the gantry cranes, cranes, and hydraulic presses of the second factory are sold to Jinyang Shipyard at a discount, which makes Jinyang Shipyard have a very low asset value on the surface, but it is actually undervalued a lot.
"That stretch of land along the river alone will be worth a lot of money in the future. Now that the cities along the river are developing, it is gradually like returning farmland to forests, and it is necessary to return the riverside areas to the people and build a riverside city. Even if Jinyang Shipyard is requisitioned and relocated by the government in the future, the general relocation fee will be enough to build a better and larger shipbuilding base in other cities along the river. Yu Changlin is a shrewd person, but it is difficult for a clever woman to cook without rice!"
Putting down the wine glass, Old Man Tang Changyuan shook his head and sighed.
Sanyu Shipyard asked for the acquisition of Jinyang Shipyard several times, but Yu Changlin refused.
However, in the second half of last year, Yu Changlin just invested more than 20 million yuan in technical transformation, and received an order from an RB shipping company, a 2,000TEU (container) sea vessel.
A TEU TEU is about 14-15 tons, and the capacity of this ship can reach 30,000 tons, which is a big order for Jinyang Shipyard.
Moreover, this is also a big leap for Jinyang Shipyard, which has never built such a large ship before, with a displacement of more than 40,000 tons. Although container ships are on a large scale, 2000TEU is at the right time, which is currently a relatively mainstream container ship. At present, the largest container ship that state-owned enterprises can build is only 4000TEU, and the 5668TEU ultra-Panamax is still being conceived, and there are no drawings.
However, Jinyang Shipyard did not expect that this was a conspiracy of Nanbangzi, and that RB shipping company was actually an affiliate of Sanyu. At the time of the second phase of the advance payment, the ship was abandoned.
At this time, the advance payment was only 30%, and in order to negotiate this list, Jinyang still made concessions.
Unexpectedly, all the materials were ready, and the south stick came to this set.
Sun Lin knows very well that it will take another two years to be the strong period of shipping companies, and it is normal for shipping companies to be abandoned at this time if they do not buy insurance.
Even in later generations, China's large private shipping companies are at risk of abandoning ships, let alone now.
Nan Stick is also very insidious, he didn't explicitly say that he would abandon the ship, but in fact, he didn't make any payment all the time, just wanted to drag it.
Although failure to pay the follow-up payment within a certain period of time will be considered a breach of contract, Jinyang Shipyard has the right to dispose of the container ship, anyway, it will not worry about finding a buyer. But the South stick is bad, and he knows that Jinyang Shipyard can't afford it.
For Jinyang Shipyard, the most fatal thing is that Sanyu bought off the two major shareholders of Jinyang.
At the beginning, because of the large-scale technical reform, hidden dangers were buried in Jinyang.
Yu Changlin has the ability and skill, so no one dares to object to the decision, but the opinion is still buried.
It can only be said that the two major shareholders are too short-sighted and feel that Yu Changlin should not invest so much money in technological transformation.
In fact, at this time, you can see the effect after two years by transforming the large slipway, buying a large gantry crane, and upgrading the wharf.
If Jinyang Shipyard continues to develop like this, it will be a listed company in another ten years.
"The two major shareholders may not have their own reasons, they feel that Yu Changlin Tubaozi is outdated, or the concept of Nanbangzi is good, and the management is advanced. They don't know that the factory is in the hands of Changlin, and they will not be able to treat them badly in the future, and in the hands of Nanbangzi, it will be too late for them to cry in the future. ”
At present, the two major shareholders are going to withdraw their capital, and Yu Changlin is anxious to deal with suppliers, and he has to raise funds everywhere.
The factory is now in a semi-suspended state, so Yu Haibo and they are resting at home.
"How many shares do the two major shareholders have?" Sun Lin felt that the top priority was to appease the two major shareholders first, so that the other shareholders would not be distracted.
Yu Haibo drank silently, raised his eyebrows and glanced at Sun Lin, meaning why are you asking this? Do you have the money to take over this part of the shares?
Sun Lin didn't take Yu Haibo's contempt to heart, but pondered it, this is a good opportunity to get involved in the shipbuilding industry, but unfortunately there is not so much money.
The fishery company has not yet reached the output period, and the debt ratio is so high that it is unable to continue to take out loans. In fact, the fishery company is in great need of its own shipping company, and can organize its own shipping to RB.
In the future, his business territory will not be without logistics and shipping in any case. It can even be said that any large entity enterprise is inseparable from logistics.
Global economic integration is getting closer and closer, China's foreign economy is becoming more and more open, more and more prosperous, with the formation of coastal port cities such as Shanghai, China's shipping enterprises and shipbuilding enterprises will have a wave of explosion.
"It's only more than 12 million, hehe, they have taken a big advantage but can't see clearly, where will they come to find such a good section of riverside land. What's more, those technicians in Jinyang don't know how much it's worth. Only foreigners know that technical talents are valuable, and our domestic old hats do not know. Tang Changyuan replied for Yu Haibo.
Yu Haibo sighed, "More than 12 million!"
Although Jinyang Shipyard has a total share capital of more than 35 million, its total assets plus the container ship exceed 120 million, and of course the debt ratio is quite high, with a total debt of more than 80 million.
Those two shareholders were justifiably arrogant, and it was because of Yu Changlin's bold and reckless progress that it led to such a predicament. If that container ship becomes scrap metal, it will be almost insolvent, and it will be withdrawn quickly.
At present, the Jianning Shipyard has reached out and given some ship repair business and the construction of some small ships, but it has not been able to solve the problem fundamentally.
It is not easy for anyone in these years, steel prices have plummeted all the way, and ship prices have also fallen, unless the materials are prepared in advance, and the order price is high, there is a good profit.
But this is 1999, not the era of the Baltic Index soaring later, and the orders in hand of shipping companies can be lined up for two or three years, so of course such shipping companies do not care about the decline in ship prices.
Only Sun Lin knows that the country is implementing policy regulation and control, the demand for steel is growing, the price of steel will rise, the price of ships will also rise, and with the outbreak of national demand for shipping, the price of ships will rise more.
By the time of 2002, it was completely different from now, and now buying a boat is really a bargain. According to the current purchasing power and the purchasing power of future generations is calculated by one to four, the current ship price is really the lowest.
The aquatic company at home needs to have a direct RB sea vessel, 2000TEU is just right, you can go to Japan and South Korea and Southeast Asia, Xiangjiang, Aomen, Wanwan.
Now Haidong can export more than 10,000 tons of clams every year, plus other small seafood, marine fish, and seafood, there are tens of thousands of tons of transportation every year, most of which are exported RB.
Haidong's seafood exports have grown rapidly, especially clams, and Sun Lin has detonated the market even more after Sun Lin published clam-related dishes in Tokyo Gourmet.
The export of seafood from Haizhou as a whole is even more impressive, not to mention other goods.
Not to mention anything else, a series of Japanese-funded enterprises led by the Matsui Foundation in Haizhou New Area will be able to carry considerable annual shipments when they are fully completed.
In this way, the first 2000TEU has enough business in Haizhou alone, and Haizhou Port and Haidong Port are now very suitable for berthing.
He now has more than one million on hand, and he originally thought that the profits produced by the catering management service company would be thrown into the stock market.
Internet technology stocks, it's an idiot not to buy them.
Wait until the bubble of Internet technology stocks bursts to escape, and it can steadily multiply several times.
But he wanted the boat more than that.