Although Rongsheng Heavy Industry Group Co., Ltd. still has a large number of ship orders, it is also an indisputable fact that the situation of abandonment of ships and postponement of ship construction has increased significantly. Moreover, the debts of the Rongsheng Heavy Industry Group Company are huge, and its total liabilities in banks and other financial institutions are as high as more than 24 billion yuan, involving 16 banks, three trust companies, and four financial leasing companies.

In today's China, due to the rapid development of the shipbuilding industry in recent years, serious overcapacity, and the global industry downturn, in the short term, most of the central enterprise group companies in the same industry are unwilling to expand or integrate resources through the acquisition of bankrupt shipping enterprises, and listed companies or large groups in the same industry have no intention of entering the shipbuilding industry, which makes it difficult to deal with the assets of bankrupt shipping enterprises, and the asset auctions of several bankrupt enterprises have been auctioned many times. Moreover, the repayment rate of the creditor's rights of these bankrupt shipbuilding enterprises is extremely low, and judging from the existing precedents, the actual repayment rate of the bank's creditor's rights in the end is only 10 to 15 percent! This also means that the banks that lend money to these shipbuilding enterprises will face huge losses! This has also caused many domestic banks to draw loans from the shipbuilding enterprises one after another, and this has undoubtedly made the shipbuilding enterprises that were already in trouble even worse!

Donghai Province is a large shipbuilding province, and the predicament faced by shipbuilding enterprises will naturally seriously affect the development of the local economy, and how to solve this problem has become the most important issue for the Donghai Provincial Government in recent times. Shangguan Yi was also very troubled by this.

Contacting Guo's Shipping Group Co., Ltd., hoping that it can become a shareholder or even acquire Rongsheng Heavy Industry Group Co., Ltd., was proposed by Shangguan Yi. Although the number and scale of shipyards under the Kwok Shipping Group are not the largest in China, its benefits are definitely the best. Although the global shipbuilding industry has shown a declining trend, judging from the news obtained by Shangguan Yi, Xiangjiang Shipbuilding Heavy Industry Group Co., Ltd. still maintained a considerable profit margin last year.

There are many reasons for this, for example, most of the ships built by Heung Kong Shipbuilding Industry Group Co., Ltd. are high-tech ships, the number of shipyards that can build the same type of ships in the world is limited, and most of the shipyards that can build the same type of ships in China are obtained from Heung Kong Shipbuilding Industry Group Co., Ltd., so the market competition is not so fierce. For example, Heung Kong Shipbuilding Heavy Industry Group Co., Ltd. has a large customer of Kuok's Shipping Group Co., Ltd., which also ensures that it will not be shipless - Kwok's Shipping Group Co., Ltd. is constantly eliminating those ships that are older every year, or transferring them, or simply scrapping them. For another example, Heung Kong Shipbuilding Industry Group Co., Ltd. not only has the support of a number of banks led by the Second Bank of the Gulf, but also can obtain high-quality and stable marine steel plates from many steel companies such as Liaoning Iron and Steel Group Company, which also makes its construction cost lower than that of its peers...... As the middle of the entire industrial chain, it does not worry about raw materials, and it does not worry about no customers, and of course this day is nourishing.

If Rongsheng Heavy Industry Group Co., Ltd. gets the participation or even acquisition of Xiangjiang Shipbuilding Heavy Industry Group Co., Ltd., then many of the problems it is currently facing will be solved, and I am afraid that these banks will have to chase Rongsheng Heavy Industry Group Company for loans.

Looking at today's Jiangning Automobile Group Company, in just a few years, Jiangning Automobile Group Company has been reborn like a large-scale automobile production group company with an annual output of more than one million cars, and its products sell well all over the country and are even exported overseas. Although the number of exports can only be said to be insignificant compared to the total output, how many automobile companies can be exported overseas in the country?

The miraculous development of Jiangning Automobile Group Company has also strongly driven the development of related industries in Donghai Province, such as Nangang Group Company, which has been acquired by the Fang family, needless to say, many local automobile supporting enterprises in Donghai Province have also been reborn because of Jiangning Automobile Group Company, and have been given a great opportunity for development, and have grown up rapidly. With Jiangning Automobile Group Corporation as the leader, this industrial group has become a pillar industry in Donghai Province. He himself was able to take over the post of governor last year, to a large extent, because of the effective achievements of Jiangning Automobile Group Company.

Shangguan Yi hopes that Rongsheng Heavy Industry Group Co., Ltd. can become the next Jiangning Automobile Group Company and become the leader of the industry in the shipbuilding industry. He also mentioned this matter to Rong Zhizhang, chairman of Rongsheng Heavy Industry Group Company, and Rong Zhizhang also deeply agreed with this, and welcomed Xiangjiang Shipbuilding Heavy Industry Group Co., Ltd. and even Guo's Shipping Group Company to inject capital into Rongsheng Heavy Industry Group Company.

He has been paying attention to Fang's enterprises for a long time, and he found that Fang Mingyuan attaches great importance to the control of the company, and if he can't become the largest shareholder, unless he can reach a controlling position with a trusted ally, he will give up the opportunity to participate in shares most of the time. The only companies that can make Fangjia Capital a general shareholder are those super-large listed central enterprises. Of course, Rongsheng Heavy Industry Group Company does not have this qualification. Therefore, in the future, Shangguan Yi supports the share of Xiangjiang Shipbuilding Industry Group Co., Ltd. or Guo's Shipping Group Co., Ltd. in Rongsheng Heavy Industry Group Co., Ltd. - only by becoming an enterprise that the Fang family can control, the Fang family will be free to operate this enterprise!

For Rong Zhizhang, chairman of Rongsheng Heavy Industry Group Company, Shangguan Yi is relatively unappreciative, he thinks that this person is a little slippery, but he is a benchmark for his predecessor, although now his predecessor has been transferred to other provinces, but he is not good to go too far.

Shangguan Yi has been sending the news of cooperation to the management of Kwok's Shipping Group for almost a week, but Kwok's Shipping Group has still not responded. This made Shangguan Yi both excited and a little apprehensive.

If Guo's Shipping Group Company intends to acquire Rongsheng Heavy Industry Group Company, Shangguan Yi will naturally give the green light to cooperate in all aspects as much as possible, and he still has an idea, but he did not say it to others. He hoped that after being acquired by Guo's Shipping Group Company, Rongsheng Heavy Industry Group Company would further integrate and reorganize the resources of these shipbuilding enterprises in Donghai Province, so as to change the situation that there are too many small and medium-sized enterprises in the shipbuilding industry in Donghai Province and the industrial concentration is too low. The result of the fierce homogenization and competition of enterprises is the bottomless bargaining, and the result is that the profit margin of the enterprise is getting lower and lower, and finally it is unsustainable. For those shipbuilding enterprises with low technology and small industrial scale, he believes that those that should be eliminated must be eliminated, and those who should be transformed must be transformed, and the status quo of the shipbuilding industry in Donghai Province must be changed through the adjustment of industrial structure!

In the past few years, the development of the shipbuilding industry in Donghai Province has been vigorously developed, but in essence, it is disorderly development, and the bank capital and private capital that are optimistic about the shipbuilding industry have invested in the shipbuilding industry, coupled with the blind pursuit of GDP by local governments, a large number of small and medium-sized enterprises have been established in this situation. Some shipyards even buy tickets after getting on the bus, and quickly get on the road without the resources of the poor middle peasant coastline. Even many shipyards are blindly optimistic, thinking that they can always sell and increase prices after shipbuilding, and even some shipyards are engaged in order-free production. And now, the outbreak of the economic crisis and the arrival of the industrial winter have made these companies panic.

"Governor, Vice Governor Wei is here. The secretary's voice interrupted Shangguan Yi's thoughts.

"Well, let him in. Shangguan Yi was stunned for a moment and said, Wei Haohong is the vice governor in charge of industrial production, and suddenly came over, and there was something big happening.

Wei Haohong walked into the office with a heavy face, Shangguan Yi beckoned him to sit on the sofa, and asked with a smile: "Old Wei, who is this who provoked you again? It can't be me, right?"

"Hey, it's not that group of Belgian foreign devils!" Wei Haohong said indignantly, "I think they don't want to pick up the ship on time!"

Shangguan Yi suddenly knew that Donghai Shipbuilding Industry Group Corporation is a large-scale shipbuilding enterprise in Donghai Province, and its products cover major ship types such as bulk carriers, automobile carriers, and container ships, and its products are exported to Southeast Asian countries, South America, Europe and other parts of the world, becoming a major foreign exchange earner in the export of mechanical and electrical products in Donghai Province.

At the end of 2007, Donghai Shipbuilding Industry Group signed a contract with a Belgian shipping company to build six 10,000-ton chemical tankers, with a total value of more than 100 million US dollars, which was a sensational event in the Donghai shipbuilding industry at that time. In April and August 2009, the first two vessels of the series were successfully delivered. However, in May 2010, the Belgian side suddenly demanded that the Donghai Shipbuilding Industry Company reduce the price of the next four ships by 10 percent on the basis of the original contract price, on the grounds that the trial and commissioning had expired! After repeated negotiations between the two sides, the Donghai Shipbuilding Industry Group finally had no choice but to agree to the Belgian side's request in order to ensure the smooth delivery of the successor ships, collect the purchase price, and avoid greater losses caused by the abandonment of the ship.

But this Belgian shipping company did not settle down because of this, and in the following days, it changed its tricks to embarrass the Donghai Shipbuilding Industry Group Company!