Chapter 85: The Way to Make Money
When Song Ling appeared in the box of the restaurant on the eighteenth floor of the Xia Run Building, he was surprised to find that in addition to Zhang Baiqing, there was also a person sitting in the box, this person he was very familiar with, it was the boss of his immediate boss, Li Xi, the chairman of the Xia Run Group.
Speaking of which, Song Ling and Li Xi are on the same line. The former vice chairman who promoted Song Ling was the first to take refuge in Li Xi after he took office, and then Li Xi reused a group of people, including Song Ling. It's just that Song Ling and Li Xi are separated by a distance, and they don't deal with each other very much.
As a cadre of a central enterprise directly appointed by the Organization Department, Li Xi's level is the deputy department, and Song Lingman's full calculation is only a positive one, and the difference between the two levels is three levels, and it is basically impossible to have any good communication in state-owned enterprises that pay attention to seniority. If it weren't for his amazing talent in the financial field, Xia Run's financial department in the past few years would not have been in good order, otherwise he would not have been able to enter Li Xi's eyes.
Even so, the exchanges between Li Xi and Song Ling are only a handful.
Li Xi is fifty-nine years old this year, and he will retire in about a year, so Song Ling is already making some connections and preparing to retreat. It's just that all this is done in secret, and on the surface, he is still respectful to the faction headed by Li Xi.
"Coming?"
Seeing Song Ling's figure appear outside the box, Li Xi raised his body slightly, nodded at Song Ling, and then sat down again. With his status, it was naturally impossible to stand up and greet this subordinate's subordinate.
He is about to reach the age of sixties, but because he is usually well maintained, he only looks like a middle-aged man in his forties. Li Xi, who has a Chinese character face, has thick eyebrows and big eyes. With a high nose and thin lips, he was indeed a handsome guy when he was young, but he has added a lot of wrinkles on his face over the years, and his qi cultivation kung fu has gradually deepened, which makes his face feel like he is not angry and self-threatening.
Li Xi only owed slightly, while Zhang Baiqing, who was sitting next to him, reacted much more enthusiastically, only to see him get up suddenly, walk a few steps quickly, and prepare to shake hands with Song Ling outside the door. However, seeing that Li Xi did not stand up, Zhang Baiqing stopped. He beckoned to Song Ling. said: "Brother Song, I'm waiting for you, come in quickly." ”
He is at the same level as Li Xi, so naturally it is not good to lose too many points in front of Li Xi. Although there is something in my heart at this time. But it is also necessary to take into account the face of the host's family. After all, this is Xia Run's territory.
Zhang Baiqing is a middle-aged man in his fifties, short and thick, and his eyes are small. When he smiled, he almost narrowed into a slit, and his round face was glowing with a layer of reddish oil, and his whole face looked like Maitreya Buddha.
But no one would think that he was really a Buddha, and how could someone who could do this simply look at his appearance? Which one is not experienced in a hundred battles and stepped on the top of his colleagues?
Song Ling doesn't care, after all, the two sides are not the same company, and the backstage of the two sides is not a system. However, the circle of Chinese-funded enterprises in Hong Kong is so small, as the so-called bow your head and don't look up, maybe one day this Zhang Baiqing will become his top boss, so Song Ling is not easy to offend.
At this time, Song Ling's superiority was revealed, I saw him take two quick steps, walked to the dining table, first shook Li Xi's hand, and then walked around most of the dining table, walked in front of Zhang Baiqing, shook hands vigorously, and said: "Chairman Zhang, it is really my honor for you to be here." How dare you bother to come over in person, if you have anything, just say hello to me through Li Dong, and I, Song Ling, will arrive immediately, as long as I can help, there is absolutely no second word. ”
Everyone was satisfied.
Li Xi was satisfied that Song Ling had not forgotten his top boss, even when outsiders were present, he still did not forget to greet him as soon as possible. Zhang Baiqing was satisfied with Song Ling's statement, which showed that the other party had roughly understood his intentions and expressed his attitude, which made him look at Song Ling with a little more appreciation.
Song Ling is also very satisfied, this time let Zhang Baiqing owe a favor, maybe it will come in handy in the future. Unlike Li Xi, Zhang Baiqing may go further in the future.
After the two sides sat down, Li Xi asked the waiter to start serving, and the two sides were not in a hurry to talk about business, first drank a few rounds of wine, and then began to tell some jokes, lace news or something, and the atmosphere gradually became warmer.
"Hey, it's hard to be in charge!"
Just when the wine was hot, Zhang Baiqing suddenly put down the glass, sighed, let out an inexplicable sigh, and then his face sank.
"The play meat is coming!"
Li Xi and Song Ling's hearts invariably flashed such a thought, and the two sides glanced at each other, both of them knew a little, but they still showed a surprised look very cooperatively.
"Brother Zhang, what's going on?"
The person who spoke was Li Xi, and I saw him put down the wine glass casually, looking at Zhang Baiqing and puzzled. Naturally, this kind of thing is not good for Song Ling to ask, among the people present, his level is the lowest, and most of the time he only listens.
To be honest, Li Xi was also very curious about Zhang Baiqing's visit, and he had been busy drilling camps in Yanjing during this time, hoping to get a job at the ministerial level before retiring, so he didn't know exactly what was going on in Hong Kong.
The chairman of the listed company does not care about the business development of the group under his control, which can be regarded as one of the characteristics of China.
"Hey!"
Zhang Baiqing saw Li Xi take over the topic, and he was overjoyed, but a wry smile appeared on his face, and said: "Chairman Li, I won't tell you, my little brother has been under a lot of pressure recently, seeing that tens of thousands of people are about to lose their jobs, and Sino-Ocean Group is going to become insolvent and go bankrupt immediately, do you think I can not be in a hurry?" ”
"Bankrupt?"
Li Xi was shocked and hurriedly asked, "What's the matter?" Li Dong, hurry up and listen to it? ”
Basically, in the concept of SOE managers, there is no such thing as bankruptcy. Because even if there are many losses, there are state finances to carry them, so these managers can toss hard, and it is a big deal to change places, anyway, it is only ordinary people who are unlucky.
But after being in Hong Kong for so long, they have somewhat understood. It is very likely that the market-oriented business operation will fall into the point of insolvency, and if there is another problem with cash flow, I am afraid that it will eventually go bankrupt.
Bankruptcy Li Xi is very clear, but Huaxia COSCO he knows better, this is a company under the direct management of the Ministry of Ocean, with more than 100,000 tons of ocean-going transport ships 34, a total transportation capacity of more than 5 million tons of large group companies, in addition to the transportation industry, they are also involved in docks, leasing, shipbuilding and other industries, its employees are said to be as many as 50,000 people. It's a big Mac in the real way.
How could such a business be on the verge of bankruptcy? Li Xi was unclear for a while. I really thought something big was going on.
Zhang Baiqing looked up and looked secretly, and saw that Li Xi and Song Ling's faces were shocked, and he was secretly proud in his heart, but his face still had a mournful expression: "Hey." It's not the recent drop in stock prices. If the stock price hasn't improved yet. I'm afraid I'm really going to go bankrupt. To tell the truth, the company has less than 50 million working cash on its books recently, if it can no longer be replenished to cash flow. I'm afraid it's really ......."
"It's easy to do!"
When Li Xi heard this, his expression suddenly relaxed a lot, and he said with a smile: "My brother can borrow from the bank, with the strength and reputation of your enterprise, you can raise tens of millions of cash anytime and anywhere." ”
Song Ling was also smiling on the side, but he despised this top boss in his heart: "The stock price has fallen like that, what can I use as collateral?" How to borrow? When the bank is from the mainland, you can get tens of millions of dollars by approving a slip? What a pure idiot! ”
Sure enough, Zhang Baiqing sighed with emotion and said: "Chairman Li, this time is different from the past. If the stock price is high, as long as the stock is used as collateral, tens of millions can be arbitraged at any time, but now the stock price of Huaxia COSCO is falling day by day, and the bank does not dare to lend to us at all. ”
He mentioned the stock price three times and twice, and naturally he deliberately changed the topic in this direction.
It turned out that in this wave of decline, red chips and state-owned enterprise stocks suffered the most fierce attacks, although the market only fell by a dozen percentage points, but these two sectors fell by more than 30%, making the management of these companies complain.
When the stock price rises, they are reluctant to sell, and when it falls, they want to make a move and no one takes over, so the cash flow quickly falls into a situation where they cannot make ends meet.
It is also sad to say, because state-owned enterprises and red chips need to maintain absolute control of the state, so most of the shares cannot be circulated at will. There are only a small number of shares that can be bought and sold by these management at will, so there are not many ways for these management to fight back in the event of an attack.
After listening to Zhang Baiqing's explanation, Li Xi was silent, and he didn't know what to do about this situation, so he could only sit silently and smoke a cigarette.
Song Ling knew what was going on with Huaxia COSCO. When the stock price rose some time ago, on the one hand, Huaxia COSCO distributed huge dividends to shareholders, and on the other hand, borrowed a loan of about 300 million Hong Kong dollars from the bank. And because the stock price has risen, it is easy to raise funds through banks, so the risk of expansion is immediately thrown on the shareholders, specifically the major shareholder country.
This is also a reluctant move on the part of the management, as their award shares are not personal and cannot be circulated in the market. So even when the stock price goes up, they can only watch. However, some people soon thought of using dividends to pay dividends, and in order to ensure that there were no cash flow problems, they borrowed targeted loans from banks.
To put it simply, these executives dump the risk of financing to the state for the sake of their own reward shares, which is a typical behavior of fattening themselves and losing the world, but what can they do?
If they investigate, they can say that if they don't pay dividends, shareholders will complain, institutions will be unhappy, and in the end, the stock price will fall, and it will be more difficult to raise funds.
Song Ling was not interested in caring about these, what interested him was how much appetite this Zhang Baiqing Zhang Dong had and how much money he wanted to get from him! (To be continued......)
PS: Thank you book friends for making a heart, and book friends 130304231231321 vote for a monthly pass!