A big country of aerospace with black technology

"Dean Zhang, we have already started to do what you arranged."

Yang Yi, wearing a black professional suit, reported to Zhang Xingyang like a secretary.

"only."

Zhang Xingyang said calmly: "Just what?"

"Wouldn't it be good if we did this?"

Yang Yi had some doubts about this measure before this.

However, her long-term trust in Zhang Xingyang allowed her to carry out the tasks assigned by Zhang Xingyang first.

"We are fighting against most power plants."

Yang Yi said the words he had been holding in his heart for who knows how long, and his whole body relaxed a lot.

I thought Zhang Xingyang would be a little touched after listening to it.

Unexpectedly, Zhang Xingyang still looked calm.

Not even any change in sitting posture.

"It's not as exaggerated as you think. It's just an experiment."

"The test subjects include not only Galaxy Power, but also many domestic power generation companies."

"We all want to see which aspect will be the ultimate success."

A month ago, Galaxy Power made a large-scale price adjustment.

The price of each kilowatt hour of electricity has been reduced by 40%.

The national average electricity price this year was 0.508 yuan per kilowatt hour.

This means that the sales price of Galaxy Power has dropped to an average of 0.305 yuan per kilowatt hour.

During the same period, the average cost price of thermal power plants was 0.32 yuan per kilowatt hour.

The terminal sales price of Galaxy Power has exceeded the cost price of many power plants.

Of course, the cost of thermal power plants is high, largely due to rising coal prices.

Since 2003, the price of coal has increased year by year.

It has now reached an unprecedented high point.

This was also a golden age for coal bosses.

As long as black coal is mined, you can get red money.

This has also led to rising costs for thermal power plants that use coal as energy.

"We have reached an agreement with the local people in Shancheng and will provide them with unlimited power supply at a price of 0.32 yuan."

Yang Yi said helplessly: "This is because the local government owns part of the shares, so it dares to do this."

"Everywhere else, we basically haven't reached a deal."

Zhang Xingyang didn't care too much: "As long as someone eats the crab first, there is no need to worry about others not following suit."

The impact of the drop in energy prices is far greater than everyone imagines.

Especially for industrial and mining enterprises that consume large amounts of electricity, it has unparalleled appeal.

Yang Yi nodded and did not continue to dwell on this issue.

"But with our current financial situation, this electricity price cannot be maintained for long."

"Our expenses are just too high."

Galaxy Power’s power generation costs are mainly concentrated on various equipment.

It is a very typical asset-heavy enterprise.

Compared with traditional power plants, aside from equipment costs, its other costs are astonishingly low.

Basically, there is only personnel salary.

The power satellites in the sky basically require no maintenance and can work for a long time.

The above-ground receiving station also requires only a small number of personnel to maintain.

Other than that, it's basically just administrative staff.

But the cost of the equipment cannot be ignored.

Especially during this time, the rate of construction of power satellites continued to increase.

It has reached a rate where power satellites are launched into the sky every week.

At the Wenchang launch base in Hainan, there are basically electric satellites waiting for launch opportunities.

If the weather conditions are not good enough, the rocket launch will be postponed.

There may even be situations where several power satellites are launched continuously.

"Lack of money?"

Zhang Xingyang asked in surprise.

He paid little attention to Galaxy Power before, and even if he did, he rarely cared about the financial situation.

So he really doesn't know the specific financial situation of Galaxy Power.

Yang Yi rolled his eyes resentfully before explaining:

"We spent a lot of cash buying a company in South Africa last year."

"Although it has gained most of South Africa's electricity market share, it has not yet reached the stage of profitability."

"In the first half of this year alone, more than 25 power satellites were launched, and their cost exceeded 10 billion."

"Our revenue last year was less than 2 billion."

"Our debt now reaches more than 16 billion."

Zhang Xingyang felt that his finances seemed abnormal, "Who are these debts owed to?"

"bank."

Yang Yi took out several copies from the folder in his hand.

"We used the company's future earnings as collateral to borrow more than 1.5 billion from Shancheng Bank."

Galaxy Power's future earnings are almost as rich as can be seen with the naked eye.

And with a government background, there are no risks.

High-quality assets among high-quality assets

So the bank almost begged Yang Yi to lend them money.

In addition to Shancheng Bank, a large number of banks in Donghai also want to lend money to Galaxy Power.

The conditions for various loans are almost astonishing.

Interest-free loans and low-interest loans.

It was almost difficult for Yang Yi to choose.

In the end, I chose the more familiar Shancheng Bank.

It is for this reason that Yang Yi proposed to reduce the price of electricity supply.

Only the local people in Shancheng agreed without any hesitation.

Zhang Xingyang did a mental calculation and found out the current power generation of Galaxy Power: "This is not a big problem for Galaxy Power. Your current power generation has already reached 2200MW."

"In less than three years, you can pay it off."

This is calculated based on Galaxy Electric’s 40% discount on electricity sales.

If it is sold online at the original price, it can be exchanged in less than two years.

The power generation capacity of 2200MW can reach 50 million kilowatt hours per day.

Sales exceeded 10 million!

Annual sales can reach 5.8 billion.

Excluding personnel costs, Galaxy Power has basically no other costs.

This more than five billion yuan is almost pure profit.

No wonder those banks, like a cat seeing a fish, were frantically trying to give Yang Yi money.

"The problem is that if we want to develop in the future, we have to borrow money."

Yang Yi pulled out another piece of paper from the folder.

"According to our plan, more than 36 power-generating satellites will be launched in the second half of this year."

"We still have a 15 billion shortfall."

In this era when inflation was not as severe as it would be in later generations.

The debt of 15 billion has already made Yang Yi unable to sleep.

Shancheng Bank's loan interest rates are very low, but they are not interest-free loans.

Now that he has to continue to borrow money, Yang Yi feels that he cannot afford this responsibility.

After carefully looking at Yang Yi's financial statements and development plans.

Zhang Xingyang's heart completely calmed down.

Compared with many companies in later generations, Galaxy Power's problems were nothing at all.

Even in terms of financial situation, it is considered very good.

Liabilities of more than 16 billion, according to the current situation.

Even if Galaxy Power does not continue to develop, it can be paid off in less than four years.

Zhang Xingyang thought for a while and said: "This time is actually a cut from Galaxy Electric, and it may continue to be cut."

"There are two paths in front of you now. The first is not to continue launching power satellites. In a few years, Galaxy Power will be able to pay off all its debts and turn into a profitable state."

Asking Galaxy Power to lower electricity prices is equivalent to directly cutting off part of their profits and instead subsidizing them to local areas with low electricity prices.

And this policy will last for a long time.

This means that there will always be 40% profit, which will disappear directly.

Yang Yi basically didn't think about this road and said directly:

"What's the second way?"

Zhang Xingyang obviously thought that Yang Yi would not choose the first path, and said methodically:

"As shareholders, the research institute and the mountain city government will continue to inject capital into Galaxy Power."

Galaxy Power's shareholding structure is very simple.

There are only two shareholders.

If Zhang Xingyang proposes a capital injection on behalf of the institute, but the mountain city government does not continue to inject capital.

Then their shares will inevitably be reduced.

Zhang Xingyang believes that Shancheng, which has already reaped the benefits, will not be so short-sighted.

"How much capital do you plan to inject?" Yang Yi chose this path without hesitation.

Zhang Xingyang said with great pride: "We will inject as much capital as you need!"

Then he thought about it and added: "The first batch of capital injection will be set at 20 billion."

According to the current share ratio, the institute must invest at least 14 billion.

Judging from the current financial situation of the institute, Liang Yi may have to worry about money for a while.

However, Zhang Xingyang didn't feel any distress at all for spending the money.

Investing 20 billion at this time may bring 200 billion in benefits in the future.

"It just so happens that it's not easy for me to go out now. Let's make an appointment with them to talk as soon as possible!"

Yang Yi still nodded directly and prepared to make arrangements as if he was Zhang Xingyang's secretary.

Three hours later, the Galaxy Electric Office Building.

"Dean Zhang, long time no see."

Qin Yue, as the representative, greeted with a smile.

"haven't seen you for a long time."

Zhang Xingyang nodded, and then said unceremoniously:

"Presumably Mr. Yang has told you my thoughts before coming here."

"Now I want to know what you think."

"Should we inject capital together, or should we inject capital separately?"

Qin Yue obviously didn't expect to start talking so directly.

According to normal logic, shouldn't we be polite first?

But considering the identity of the person opposite.

Qin Yue was relieved.

"Of course we will invest together."

“But we have some ideas of our own regarding the amount of capital injection.”

Zhang Xingyang stretched out his hand and said, "Please tell me."

"Considering the current operating status of Galaxy Power, we believe that a one-time capital injection of 20 billion is too much and a bit wasteful."

Qin Yue took out an analysis report from his briefcase that had obviously been prepared a long time ago.

"Based on the current state of development, we believe it is more appropriate to inject capital in installments."

"Inject capital in three installments, each time injecting 4 billion."

"The interval is two months."

Qin Yuefang has obviously figured out the cost of power satellites.

The production cost of a single satellite plus the launch cost is roughly 400 million.

In two months, almost ten satellites can be launched.

"This will not put too much financial pressure on each of us."

It is also very difficult for a local government to allocate more than 6 billion in funds at once.

Local revenue mainly comes from land finance and transfer payments.

There is relatively little land for sale in mountain cities, and there is not much money to sell the land.

If Zhang Xingyang's idea is really followed, it will cause great financial pressure on the mountain city.

Zhang Xingyang turned to look at Yang Yi who was aside: "Can you accept this plan?"

Yang Yi thought for a moment and said, "If we can guarantee immediate capital injection, then it won't be a big problem."

Galaxy Power's daily expenses are more than enough if it relies on existing power satellites to generate electricity and sell it.

"Okay, I agree with this capital injection plan."

Soon the two parties agreed on some general directions for capital injection.

Relevant personnel will follow up on the remaining details.

After talking about the business, Zhang Xingyang curiously asked Qin Yue some trivial matters:

"Has there been any change since the electricity price dropped?"

Qin Yue seemed to understand Zhang Xingyang's thoughts, "The first to see changes are the major industrial and mining enterprises, and their operating rates have increased significantly."

The adjustment of electricity prices only occurs when ordinary people pay their electricity bills.

It's hard to feel intuitively.

For them, it will take some time before they increase their electricity consumption.

Industrial and mining enterprises are different. They consume huge amounts of electricity.

Almost as soon as the electricity price was adjusted, I contacted the electricity bureau to ask if this was true.

After receiving the confirmed news, it was almost unbelievable.

Then he quickly increased his production.

In the case of serious decline in electricity prices, they even use the same production process and the same salary level as before.

Profit rates will still increase.

Competitiveness in the market will also be improved.

Many companies have even asked in turn whether such low-cost electricity can be continuously supplied.

After receiving definite guarantees, many companies began to add production lines.

Galaxy Power was forced to mobilize most of the power satellites.

Enterprises have opened additional production lines, increasing local labor demand and increasing the employment rate.

It also increased local wages.

When workers have more money, they want to add some household appliances to their homes.

Therefore, residents’ electricity consumption will also increase after a period of time.

After the cycle is down, Galaxy Electric will actually increase its sales a lot.

And the social economy has achieved greater development.

This is no longer a win-win or triple win, but a win for everyone!

What a win!

"Actually, we also know that this is equivalent to asking Galaxy Power to spend money to stimulate the economy."

Qin Yue said a little embarrassedly:

"So if there is anything you need us to do, just tell me directly, as long as we can do it."

"If you feel sorry for yourself, just give Galaxy Electric some more money." Zhang Xingyang said:

"This will allow you to have enough electricity."

According to the current growth trend of electricity consumption in mountain cities, Galaxy Power needs to grow faster.

Otherwise, there may be insufficient power supply.

"As long as Mr. Yang opens his mouth, we will inject capital even if we are trying to sell everything."

Qin Yue said with a smile. (End of chapter)