Chapter 25 Will Matrix Technology go out of business?
Recently, the capital market has paid the most attention to the shining star of Matrix Technology Co., Ltd., but the two announcements announced by Matrix Technology Co., Ltd. on its official website in the past two days have made the market speculate.
First, Matrix Technology Co., Ltd. has reached a long-term intentional cooperation with the Aerospace Industry Group.
Second, Matrix Technology Co., Ltd. is ready to spend 300 billion yuan to invest in agriculture.
These two pieces of news are undoubtedly depth charges for Matrix Technology Co., Ltd., which is preparing to go public, and set off a wave, especially for Matrix New Energy Group, an enterprise with a multi-party state-owned enterprise capital injection background, which has fallen into the whirlpool of public opinion.
The focus of public opinion lies in two points, the first is that once Matrix Technology Co., Ltd. begins to participate in the aerospace industry, then as a substance of private enterprises will inevitably begin to accept control, whether the innovation ability of Matrix Technology Co., Ltd. can be as bright as it was at the beginning.
The second is to spend 300 billion to invest in agriculture, for the matrix technology company that has just entered the capital vision, the company's assets are not much, more accounts receivable and enterprise cooperation intention orders, but 300 billion for today's matrix technology Co., Ltd., is undoubtedly a huge amount of money.
The market generally expects that if Matrix Technology Co., Ltd. really spends 300 billion yuan to invest in agriculture, then the company will face the dilemma of depleting liquidity.
At this time, on Wall Street, in an economic research institute, several investors were discussing.
"What the hell did that young man from the East think? Was he kicked in the head by a donkey? How can I explain to my investors that I want to invest in agriculture instead of doing a good energy business? The investment plan of Matrix New Energy Group has been completed, should I cancel it now? ”
"If you want to open a little bit of Bones, after all, the two are independent company groups, even if there is a problem with the operation of the parent company, it will not affect the operation of the subsidiary."
", how can it be irrelevant, once 300 billion flows out of the books of Matrix Technology Co., Ltd., the cash flow of Matrix New Energy Group will immediately dry up, Matrix Technology Co., Ltd. is not a listed company, almost no relevant financial report information, is it because that young man has created a miracle, we have to believe that he can create a miracle again? Don't be stupid Graves, quickly cancel the investment plan in the Matrix New Energy Group, once they get involved with the aerospace industry, they will not be allowed to raise funds abroad. ”
In the face of the sudden industry turn of Matrix Technology Co., Ltd., some people are naturally happy and some are worried in the capital market.
Although many foreign investors have withdrawn their investment plans in Matrix New Energy Group, the substantial impact on Matrix New Energy Group, which is about to complete its listing, is limited.
At this time, the benefits of multi-party joint ventures are reflected, Li Mingyu's Matrix Technology Co., Ltd. holds less than 30% of the shares in the Matrix New Energy Group, while the enterprises under the energy sector and local enterprises account for more than 70% of the shares.
After all, in addition to people in the industry, ordinary people are not as exciting as the news of which celebrity splits their legs.
Regarding the opposition within the company, Li Mingyu completely chose to ignore it.
He gave instructions to Qiu Yuetao to build a new team, and almost used a completely new team to take charge of agriculture.
Originally, everyone thought that Li Mingyu was going to contract the land of Changzhou City to reclaim wasteland, but Li Mingyu's decision surprised everyone again.
He's going to build a cabin farming!
As the name suggests, shelter agriculture is to establish an independent unit of shelter as a modular unit of agricultural production, which is generally a planting mode that will only be adopted by high value-added agricultural products.
Since the development of this production model, it is destined to serve the production and research of special crops, and Li Mingyu is ready to use cabin agriculture to grow vegetables and fruits and other conventional life products in a large area.
This is undoubtedly a loss-making deal.
Taking rice as an example, the market price of rice planted by ordinary farmers is about 2-3 yuan a catty, while the market price of rice planted on a large scale is 1-2 yuan a catty, and the cost price is even lower.
The rice produced by the use of shelter agriculture, even if the cost price may be about 5-10 yuan 1 catty, such a high price, whether it is the market or ordinary people, will not be willing to accept, except for a few completely ecological food, such products have almost no sales prospects.
However, in the face of doubts from the outside world, Li Mingyu gave full play to what is called a corporate dictatorship.
First of all, after spending 300 billion yuan, Li Mingyu paid the quarterly payment of olefin-3 type in the Changzhou Military Region, and then transferred 300 billion yuan in cash to the account of the newly established matrix agricultural group company, and then began to purchase a large number of equipment and raw materials needed for the production line of industrial-grade 3D printers.
The largest part of the 300 billion cash is used for the production of industrial-grade 3D printer production lines, because there has been an agreement with Commander Yang, industrial-grade 3D printers are currently in a state of complete confidentiality, so this part of the production line is all carried out in the name of agricultural production equipment, in order to achieve confidentiality to the greatest extent.
The next step is to produce machines with machines and print industrial-grade 3D printers with industrial-grade 3D printers.
Li Mingyu has built a total of 3 industrial-grade 3D printer production lines, which can basically produce 100 industrial-grade 3D printers per day at full efficiency, and 90% of these equipment will be sent to the Aerospace Industry Group to print the aerospace industry components as a whole, and the remaining 10% will be used for the production of agricultural cabins.
This requires the use of a large number of olefin-3 polymer materials.
Whether it is the production line of industrial-grade 3D printers or the overall printing of other high-end equipment, olefin-3 polymer materials, as one of the main raw materials, are basically in an indispensable position, but now only Matrix Technology Co., Ltd. can produce this polymer material.
Other companies have not even thoroughly studied olefin-3 type energy, relying on some of the information leaked by Li Mingyu to carry out difficult research, barely mastering the mass production technology of olefin-3 type, but it is undoubtedly unrealistic to further purify olefin-3 type and then produce olefin-3 polymer materials without a few years of exploration.
Employees of Matrix Technology Co., Ltd. found that since Li Mingyu decided to start investing in agriculture, the company's orders for sparse olefin-3 polymer materials began to explode suddenly, and the confidentiality level of each order was so high that even the vice president was qualified to ask.
After all the products were finally labeled as the Aerospace Industry Group Corporation, the originally curious employees also consciously shut their mouths, for fear that they would one day be targeted by some mysterious department, and then they were inexplicably locked up.
The people in the company began to speculate constantly whether Li Mingyu was under pressure from some relevant departments to set an example for Li Mingyu to put a good end of energy business and have to mix in agriculture.
Li Mingyu didn't pay attention to the speculation of the outside world, but blindly increased the investment in the industrial 3D printer production line, and the cash flow of the entire matrix technology company was almost drained by him.
Industrial-grade 3D printing is the future, this is not Li Mingyu's wishful thinking, it is the future guided by Xiaoyu.
Socialized large-scale production will eventually become a part of the regional division of labor and cooperation, and what industrial-grade 3D printers can do is to completely use machines to produce machines and strip human resources from the entire socialized production.
People are uncontrollable, and in socialized production, all elements must be controlled, and all elements must be definite constants, not vague variables, so the more efficient the production, the less human participation is needed.
The energy sector is already in full swing, and the productivity revolution is on the horizon
Since no one knows the direction in which society is heading, let Li Mingyu be the guide, he knows the direction.
With Li Mingyu's frenzied extraction of the cash liquidity of Matrix Technology Co., Ltd., this money-making behemoth in the entire eastern coastal region, which was originally a star enterprise in Changzhou City, began to show its weakness.
Energy is a profitable industry, and it's also a high-profit industry, and that's right.
However, the energy industry is also an industry with a long flow cycle, from capital to raw materials to products and finally to capital, which is undoubtedly an extremely long process, and the liquidity of funds is extremely critical.
Not to mention, it takes half a month for an oil tanker from the Middle East to Cheung Chau City just to sail at sea, and it takes a week to process the crude oil into olefin-3 after it is transported, and it will take time for these olefin-3 to be sold to the market as a product to become a profit.
Li Mingyu extracted a large amount of cash liquidity from Matrix Technology Co., Ltd. for a long time, and finally caused the company to fall into a cash flow crisis, a large number of accounts receivable began to accumulate, and accounts payable were not paid in cash.
Everyone doesn't understand, why Li Mingyu is so crazy to squeeze the most egg-laying hen in his hands, just for the inexplicable production line of other unprofitable industries, is it really because of feelings?
Finally, after Li Mingyu withdrew 20 billion cash from Matrix Technology Co., Ltd. for the last time, Matrix Technology Co., Ltd. faced the first default on accounts payable since the company's establishment.
The default amount of accounts payable is not large, only a few million, is a matrix technology co., LTD. should pay to the transportation of cheung zhou transportation group, according to the normal speaking, as a dealer of continuous procurement services, general matrix technology co., ltd. enjoys 30 days of overdue payment preferential authority, just because matrix technology co., ltd. has always maintained sufficient cash flow, so it has never defaulted on accounts payable.
However, when Li Mingyu took the last 20 billion on the company's books, Matrix Technology Co., Ltd. proposed to pay 30 days overdue, but the subsidiary of Changzhou Transportation Group did not agree, and directly sued the court when the negotiation was fruitless.
This is not a big deal, but it has had a very serious negative impact.
An energy company that absorbs hundreds of billions of dollars a year cannot pay millions of dollars in transportation contract fees.
In the end, how much money has been embezzled to cause this situation, and public opinion will not care whether you are using it for the expansion of the production line.
For a time, the public opinion that Matrix Technology Co., Ltd. was going to go bankrupt was in the dust.
In less than 1 month after announcing the investment of 300 billion yuan in agriculture, the liquidity of Matrix Technology Co., Ltd. has completely dried up.
Similar remarks began to ferment slowly under the guidance of some secret forces.
The Global Center Building, Lee Ming-woo's office.
At this time, Li Mingyu was sitting on the sofa in the office looking at the electronic screen, which was the force behind the public opinion offensive on the Internet:
Zhongzhou Industrial Group.
The rise of the new productive forces will inevitably overthrow the rule of the old productive forces, and the Zhongzhou Industrial Group is the representative of the old productive forces.
A labor-intensive state-owned industrial enterprise.
A star representative enterprise that is about the work of hundreds of thousands of people.
The reason why Li Mingyu is crazy about extracting the liquidity of Matrix Technology Co., Ltd. is actually a game in itself.
At that time, Zhongzhou Industrial Group united dozens of groups to take away about 10% of the shares of Matrix New Energy Group in Li Mingyu's hands at almost the floor price, which is a model of empty gloves and white wolves.
At that time, Li Mingyu was a newcomer who didn't understand the rules, and he lost his shares and gained knowledge, but he also let Xiaoyu secretly investigate Zhongzhou Industrial Group.
Zhongzhou Industrial Group is one of the few group enterprises in China that has no good impression of Matrix Technology Co., Ltd.
After all, the Tao is not the same, they are walking the road of many people, once Li Mingyu promotes industrial-grade 3D printers on a large scale, these people will be a scourge sooner or later.
Li Mingyu didn't want hundreds of thousands of laid-off workers in front of the Cheung Chau City Government to protest there, and that would really be the end of the day.
So Lee Ming-woo is ready to make a game, a game that makes them feel that they can make a move.
Although Zhongzhou Industrial Group is greedy for Matrix Technology Co., Ltd., they can't afford to buy the shares of Matrix Technology Co., Ltd. with their current net worth, let alone 10% or 1%.
A group company with hundreds of billions of debts is not much easier to get some liquid cash than to kill him.
And Li Mingyu's operation is to squeeze out the liquidity of Matrix Technology Co., Ltd., and then let them propose mixed reform and reorganization.
As long as they dare to propose mixed reform and reorganization, Li Mingyu can preemptively raise the low production efficiency of Zhongzhou Industrial Group, and then build momentum for the large-scale rollout of industrial-grade 3D printers.
According to Wang Zhishan's thoughts, industrial-grade 3D printers must be covered, but Li Mingyu doesn't want to do this.
The barrier of knowledge is the root cause of hindering social progress, the survival of the fittest is the law of nature, only full competition can produce the strong, these advanced equipment is meaningless, only early transformation into productivity is the right way.
Li Mingyu wants to promote industrial-grade 3D printers in society, and he doesn't want to be saddled with a black cauldron that leaks secrets.
And Zhongzhou Industrial Group is the little unlucky egg chosen by Li Mingyu.
Li Mingyu looked at the financial report of Zhongzhou Industrial Group collected by Xiaoyu, with total assets of 287.43 billion yuan and liabilities of 542.16 billion yuan, which is really a good material for backing.
At this time, on the news, the local news channel in Changzhou City was reporting the default of accounts payable of Matrix Technology Co., Ltd., and raised a series of questions about Matrix Technology Co., Ltd.
Li Mingyu smiled and looked at the screen in the conference room, and the few big words on the screen were particularly dazzling.
A star enterprise in Cheung Chau City? Annual gold absorption capacity or over 10 billion? Will Matrix Technology go out of business?