Chapter 1008: Money is not an issue

Under the watchful eyes of Wang Hongfeng and Chen Yucheng, Bao Feiyang continued to explain: "In addition to the whole ship project, the joint venture will also produce hull sections, and then transport them back to South Korea for assembly, which can reduce the production cost of domestic shipyards by about 20 to 30 percent." In the future, the orders of the joint venture shipyard will also be mainly distributed by Dazhou Heavy Industries, so the value of this project is not as great as we imagined. ”

Wang Hongfeng nodded, unlike the cooperation between Huaxia COSCO Group and Japan's Kawasaki Shipbuilding, South Korea's Daezhou Heavy Industries made a lot of requirements at the beginning of the investment, and the Haizhou area also seemed to have made very big concessions.

"That question of mine is getting bigger and bigger now, there are so many requests from the Grand Universe Group, why do you still choose to cooperate with each other?" Wang Hongfeng's gaze swirled on Bao Feiyang's face, wanting to see some clues from his expression.

Bao Feiyang smiled and said: "This reason is more complicated, it is based on the future development of the United States Tangsheng Group, and the cooperation with South Korea's Grand Capsuo Group is generally in line with the interests of Tangsheng Group. Although their requirements for this project in Haizhou are more demanding, they have also made some concessions in other aspects, and the requirements of other Korean companies are actually more demanding, even if the scale of South Korea's Shanshui Company is far inferior to that of Dazhou, it has also put forward a lot of ⊥ requirements, as for the Japanese shipping company, it does not even have the intention of cooperating with Tangsheng Group, so South Korea's Dazhou Group is already the best and most suitable choice. ”

"Also, with the conditions of the Haizhou area, it is very good to be able to introduce such a project." Wang Hongfeng pondered slightly, and then nodded, which can be regarded as agreeing with Bao Feiyang's statement: "Then you can talk about the problem you mentioned in the afternoon, how to focus on me." ”

Bao Feiyang said: "Although the conditions of South Korea's Daehuo Heavy Industry are harsh. However, it still plays a great role in driving the development of the shipbuilding industry in Haizhou. For example, we can learn about the manufacturing management methods of the advanced shipbuilding industry in South Korea. Although the joint venture company's confidentiality of technology will be very strict, but in terms of management, there will still be a certain degree of openness. ”

"Haha, it seems that Feiyang has been working on this idea for a long time." Chen Yucheng said with a smile.

Bao Feiyang nodded: "Of course." We don't need to deliberately be spies, as long as the joint venture shipyard is there, other companies will definitely find a way to learn and compare, and the joint venture shipyard can't limit everyone to death, so there will always be technology coming out, even if it's just a direction, an idea, for our shipbuilding industry, it may play a role in promoting. ”

"Also. Korean companies are accustomed to using their own supporting factories, either importing from China or investing with supporting factories, but they will always hand over some supporting products and services to local enterprises, which is also an opportunity for the development of related supporting industries in our local area. ”

Bao Feiyang said: "Whether it is study, competition, or these supporting facilities, in fact, even if there is a modern shipyard placed there." Let's take a look at our own business and see what a truly modern shipyard looks like. I believe that our own business will be touched and grow. This kind of touch is not the same as running all the way to visit, because you are close to you, you can feel threatened, and if you don't work hard, you will let this kind of factory run over in the future. ”

"Makes sense." Wang Hongfeng nodded slightly.

Chen Yucheng glanced at Wang Hongfeng. Wang Hongfeng said to him with a smile: "Yucheng, if you have anything to say, just say it directly, you have been with me for a long time, and the work experience at the grassroots level may not be as rich as Feiyang." ”

Chen Yucheng nodded: "Yes, so I am also very interested in this issue that Feiyang talked about, in fact, we have introduced a lot of joint ventures and projects over the years." There is a saying in the theoretical circles, called exchanging the market for technology, that is, to figure out the guò joint venture, learn the management and technology of foreign-funded enterprises, but the situation in practice over the years is not very optimistic, for example, the foreign-funded side will also transfer technology to us, but it is often one or two generations behind or even more technology. After the joint venture of some enterprises, the business situation of the joint venture factory is indeed very good, but the original brand and the non-joint venture part of the business are declining, or even disappearing completely, this situation can be seen in many fields such as automobiles and home appliances. ”

"With the joint venture of South Korea's Daezhou Heavy Industries in the Haizhou area, how can we ensure that the joint venture will promote the development of local shipbuilders, rather than overstock their living space?" Chen Yucheng asked.

Bao Feiyang nodded: "The problem mentioned by Brother Cheng is indeed common at present, but this project in Haizhou has no worries about this. First, we will indeed participate in the investment of the joint venture project with the integrated Haizhou regional shipbuilding industry company, but in terms of business, the joint venture shipyard is still dominated by South Korea's Daezhou Heavy Industries, and has nothing to do with the ships in Haizhou. ”

"Second, although the annual production design capacity of South Korea's Daehuku Heavy Industries is as high as one million tons, in order not to affect the production efficiency, it will only build large ships of more than 10,000 tons, and there is no manufacturing capacity of 10,000-ton ships in Haizhou now, so from the current point of view, there is no competition between the two sides in the business."

"Of course, after the shipbuilding enterprises in Haizhou are integrated into ships in Haizhou, they will definitely build large ships, but it will take a long time to learn from the initial formation of production capacity, and then to be able to compete with joint venture shipyards, I think there is probably no need to consider this problem in ten years, of course, if some special circumstances occur, it is difficult to say. In short, if the ships in Haizhou can be squeezed into the living space by the joint venture shipyards, then the ships in Haizhou have been successful. Bao Feiyang said with a smile.

Chen Yucheng stared at Bao Feiyang twice, obviously he didn't expect Bao Feiyang to give him such an answer, which actually had nothing to do with the question he wanted to ask.

Wang Hongfeng looked at Chen Yucheng and smiled: "Yucheng, you now know what the difference between you and Feiyang is, right?" You've been in the agency for a long time, and all you see are macro problems. However, Feiyang is working at the grassroots level, and what he sees and wants to solve are all practical problems, which must be combined with the actual situation, and those theoretical and macro things are not of no value to solving these practical problems, but they certainly cannot be copied and copied. ”

"I see!" Chen Yucheng suddenly realized: "It seems that the way of thinking about grassroots work is indeed different from staying in the organ, and I will have to ask Feiyang for more advice in this regard in the future." ”

Bao Feiyang glanced at Chen Yucheng: "What." Brother Cheng, are you going to work below? Why don't you come to our Haizhou area, there is still a lot of room for development in Haizhou. ”

Chen Yucheng looked at Wang Hongfeng: "Actually, I prefer to continue to stay by the leader's side......"

"Okay, where is not work? You're not with me, and you're working. Wang Hongfeng waved his hand and said: "After I arrived in Jiangbei, Yucheng has been following me, and Yucheng is by my side. I can do things easily, but if I continue to stay in the institution, it will not be good for the future development of Yucheng, so I still have to go down to exercise and exercise. The Haizhou area is a good place, but how to arrange it depends on how the province arranges it. ”

Chen Yucheng has already served as a deputy director in the General Office of the Provincial Party Committee, and he is a deputy department level, but his qualifications at the deputy department level are relatively shallow, and he also lacks grassroots work experience. Even if it is, it will probably be difficult to raise the level according to the convention. If you go to an ordinary provincial organ, or go to Fenghu City, it is possible, but if you go to other prefectures and cities, the department level is the top leader of the local party committee and government, I am afraid it is not possible.

The most likely is to go to other cities to serve as deputy mayors. Although it is still at the deputy department level, it is still holding real power after all. There is a chance to be able to become a regular in the future. Of course, even if he goes to the prefecture to serve as the deputy mayor, it cannot be a place like Xucheng and Tongcheng that is half a grade higher than other prefectures, and it can only be an ordinary prefecture-level city.

Bao Feiyang retracted his thoughts, and continued the topic just now: "The world's shipbuilding industry has shifted from Europe and the United States to Japan, and now it is moving to South Korea. South Korea's shipbuilding industry has been catching up with Japan in recent years, and we can find that the most critical factor in the shipbuilding industry is the comparative advantage of production factors. For example, labor costs, talent shortages, shoreline resources, etc., we can see from this. South Korea's shipbuilding industry is similar to Japan, and it will face the same dilemma in the future, so the future of the shipbuilding industry will be in our Chinese mainland. ”

"With me as the main one, it is necessary to make full use of our comparative advantages, and at the same time strive to make up for our own shortcomings, and differentially compete with the shipbuilding industry of Japan and South Korea. Specifically, we can participate in joint venture projects, but we cannot rely on joint ventures, and we still have to develop our own shipbuilding industry autonomously. ”

Bao Feiyang said: "This is a basic principle that I put forward in the integration of ships in Haizhou, Haizhou ships must strive to develop their own shipbuilding in the future, and it cannot be said that the joint venture project makes money, so the resources are invested in the joint venture project, but the independent shipbuilding side does not work hard, which is not good." ”

"Well, the principle you mentioned is very good, and it also answers the question raised by Yucheng just now, how to avoid the problem of making money after the joint venture and not improving its independent ability." Wang Hongfeng nodded and said.

Bao Feiyang continued: "Ships in Haizhou will definitely participate in the construction of joint venture shipyards, including the joint venture project of Dazhou Heavy Industry and the shipbuilding middleware project of Shanshui Group, which is still possible to invest in Haizhou, but our purpose should not be to make money, but to learn, and hope to learn the management experience of foreign-funded shipyards through personnel exchanges, and then improve our shipbuilding industry." ”

"The new Haizhou regional shipping company will be divided into three parts, the first part is that the current production capacity should be optimized and integrated, concentrated in the Xugou Park, and continue to expand and strengthen the current products, that is, ships below 10,000 tons, cultivate talents and temper the team."

"The second part is that the shipbuilding industrial park in the planned Lingang Economic Development Zone will reserve the coastline and land, and start the construction of a large-scale shipbuilding production base in Haizhou at an appropriate time."

"The third part is the investment part, the Haizhou regional shipping company will participate in the investment of South Korea's Daezhou Heavy Industries and South Korea's Shanshui Group - if the South Korean Shanshui Group decides to maintain its original intention to invest in the Haizhou area - the investment income generated by the cash flow will become the driving force for the development of the first two parts."

Chen Yucheng asked: "Feiyang, although you have divided the shipping company in Haizhou into three parts, as far as I know, the current shipbuilding industry in Haizhou is not large, and even if it is integrated, the scale is still very limited." As for investing in foreign-funded shipyards, the shipping companies in Haizhou may have to come up with four or five hundred million yuan, where do you get this money from? In addition, we know that the manufacturing cycle of large ships is relatively long, and shipyards can solve the problem of working capital by collecting a deposit in advance. However, there is probably no way for the Haizhou regional shipping company to obtain benefits from the joint venture project within five years, but may need to continue to invest, so in these five years, how will the other two parts of the Haizhou regional shipping company develop, and how will it develop? ”

Bao Feiyang smiled and nodded to Chen Yucheng, who asked this question. It doesn't mean that he doesn't have ideas, it's that he puts them forward when he has them. But Chen Yucheng did not have confidence in his own ideas, because he did not know the specific actual situation.

Knowing that Chen Yucheng was likely to work in the Haizhou area, Bao Feiyang also intended to let him know more about the situation: "The question raised by Brother Cheng is very critical, indeed, even after the merger of the shipyards in Haizhou, the scale is not very large, and the assets are not very high-quality." Our plan is to load all the assets of the main park and the Xugou Park of the Haizhou Shipbuilding Industrial Park into the Haizhou Shipbuilding Company, so as to expand the assets of the Haizhou Shipbuilding Company. ”

Wang Hongfeng suddenly looked up at Bao Feiyang. Chen Yucheng's face couldn't help but show a surprised expression, although many Lingang Economic Development Zones have now begun to set up companies to operate the land and public facilities in the Lingang Economic Development Zone, but like the plan just proposed by Bao Feiyang, the practice of classifying the assets of the park into an industrial company seems to be very rare.

Bao Feiyang said: "After the assets of the shipping company in Haizhou are expanded, we can introduce equity investors, such as the provincial shipping company if it is interested, it can also join in." With the addition of new investors, the scale of the shipping company in Haizhou can be even larger. And get valuable cash. ”

"After the capital is sufficient and the assets are bigger, we can apply for loans from banks, and the total loan plate of Haizhou regional banks is relatively small, in addition to seeking support from the province, national policy banks and foreign banks will also be the objects of our consideration. Including our equity in the joint venture project, it can also be pledged for pledge. As long as the prospect of the joint venture project is okay and the equity participation contract is obtained, the money can be obtained from the bank, so whether it is investment or follow-up development funds, it can be solved. Plainly. As long as you have a way to make money, someone will come and send you money and ask you to help him make money, which is also a mutually beneficial process. ”

Bao Feiyang's idea was a little too advanced, Chen Yucheng turned his head to look at Wang Hongfeng, and then asked: "Feiyang, your idea is very bold, but there are two problems with this, one is that the risk is very high, once the business situation fluctuates and is not as expected, it may cause the capital chain to break and cause a comprehensive collapse; The second is that, as you said, the bank's plate is so big, even if you have a project, it is not easy to get a large loan. As far as I know, there are still many projects in the planning of your Lingang Economic Development Zone, and the province has more projects to support, and the share that can be divided is very limited. ”

Bao Feiyang said: "Of course, the risks are there, and they seem to be very large, but considering the prospects of the project, it is actually not as big as imagined, as long as we do things well and control the business risks, the financial risks can be avoided." ”

"As for the issue of loans, as I just said, as long as you have a way to make money, there will be no shortage of people who are willing to give you money, as long as you help them make money. It is precisely in this regard that the state-owned banks have the problem of lending to whom, not to see whether the project can make money, but to consider the needs of the government, which makes a large amount of funds be lent to projects with poor efficiency, and the efficiency of the funds cannot be brought into play. As a result, good projects cannot be developed, and those projects that have no benefits have always survived. Bao Feiyang shook his head: "The core value of the market economy is the survival of the fittest, so we are not a complete market economy yet. ”

"Well, we are still in the transition stage, and some things cannot be accomplished overnight, and we are a socialist market economy, and of course there is still a difference between the complete market economy you said." Wang Hongfeng waved his hand and said, the economy must be subordinated to the government, and the government must also be subservient to reality.

Bao Feiyang smiled, did not play on this topic anymore, he continued: "As long as the project is good, there is no worry about not being able to borrow money, not in the province, not in the country, we will consider borrowing from outside, such as banks in Japan and South Korea, may also issue corporate bonds to some investment funds, of course, it can also be listed in the future, in short, as long as we raise funds from multiple sources, the problem of funds can still be solved." ”

Chen Yucheng nodded, although he still had a lot of questions, and he knew that things would never be as frivolous as Bao Feiyang said, but he still felt that the method that Bao Feiyang said was still very feasible.

Of course, if you change someone, you may not have the confidence of Bao Feiyang, Bao Feiyang has a wide range of connections, whether it is the Mexican Tang family, or Indonesia Sinar Mas Group and Malaysia Dingfeng Group, they have had good cooperation with him, not including the Fangxia Ceramics Group, which is most closely related to Bao Feiyang. An investment of hundreds of millions of dollars is really not a problem for Bao Feiyang. (To be continued......)