Resource Tycoon Reborn

Chapter 769 Become the public enemy of the industry

On the way back from the provincial government, Fang Mingyuan leaned on the back seat and looked out the window, not knowing what he was thinking. During this day, he met many big guys from Qingshan Province and had many conversations. Originally,

He had always stayed away from such things, and would not participate if he could. But this time it was related to the official careers of his uncle and father-in-law, as well as the Fang family's large investment in Huai? County, so he could only grit his teeth and fight with these people.

Zhou Xuan, after a day, my mind is a little blurred. Talking to these people is really too tiring. I often have something to say and clichés in my words, and I have to be careful about what I say to avoid being misunderstood by the other party. Therefore, leaders often speak slowly and do not understand.

It’s too slow!

Qingshan Province naturally welcomes the entry of Fang Capital with both hands, but when it comes to the company, the opinions of these big guys are not so unified. At least today, more than one person mentioned that Qinchuan Samsung Automobile Group Co., Ltd.

Regarding the issue of building a factory to produce cars in Huai? County, they hope that the products of Qinchuan Samsung Motors Group Company will not have a too big impact on FAW Group Company, and it is best to sell them overseas and within the country... Of course, these people can’t speak.

Such direct things were all figured out by Fang Mingyuan himself.

If Qinchuan Samsung Motors Group Co., Ltd. intends to strengthen domestic and overseas sales, why should it set up the production line in Qingshan Province instead of directly setting it up in North China? It will compete with Hyundai Motor. This is very important for Qinchuan Samsung Automobile Group Co., Ltd.

There is no psychological pressure. In South Korea, Samsung Motors and Hyundai Motor Company have also competed, but their production capacity and market position have been adjusted. Although the water in the capital is too deep, in Yanxing Province, he is still

Confident.

Nowadays, people in Yanxing Province are very enthusiastic about Fang Mingyuan. On the one hand, because of the outbreak of the global economic crisis, life in Yanxing Province is not easy. Naturally, they want to get more projects from Fang Mingyuan to promote the development of the local economy.

On the other hand, it is also because the current economy of Tangshan City has reached a period of spurt growth after years of accumulation. Although the economic crisis has hit, which has brought considerable negative impact, Tangshan City is still in a period of rapid growth.

The economic growth in 2008 was still very strong, attracting the attention of the Chinese people!

What makes Yanxing Province even more happy is that the economic development of Tangshan City is not based on the continued expansion of the scale of the steel industry. The steel output of Tangshan City fell by almost three million tons last year. This is

Because part of the production capacity has been relocated to other cities in Yanxing Province, and some backward production capacity has been eliminated. Now that the global economy is in crisis and the negative impact of the domestic economy has gradually emerged, the sales of steel products in Tangshan City are still

It was quite prosperous, and the product upgrading and upgrading finally showed its effectiveness at this time.

Moreover, the dependence of Tangshan City's economy on the steel industry is obviously weakening, and other industries are gradually emerging. Among them, the electronics industry, ceramics industry, tourism, ports and other major industries are developing the fastest. And the development of these industries is accelerating.

Environmental pollution has been effectively curbed and controlled, attracting a large number of immigrants to Tangshan City, which has prompted Tangshan City's real estate industry, which has been stagnant for many years, to show signs of improvement. Although this has further consolidated the

Tangshan City's status as the largest economy in Yanxing Province makes the status of the provincial capital a bit embarrassing. However, at this time, it can have a strong economic motive. I don't know how many provinces are drooling with envy. Yanxing Province's

The leaders didn't care about this little embarrassment.

Yanxing Province even took the initiative to propose that the model of Tangshan City Government could be "copied" in other cities in the province. As long as the Fang family is willing to invest in it on a large scale, they do not expect the same intensity as Tangshan City, even if it is only half.

The support is also good! Among them, the most active one is Jingcheng City, which is also close to the sea and separated by Jincheng and Tangshan.

The reason why Qinchuan Samsung Automobile Group Co., Ltd. wants to set up a factory in Huai? County is, on the one hand, to take advantage of the well-established auto parts manufacturing enterprises in Qingshan Province, so that it can start production immediately after the construction of the production line is completed; secondly,

It is also necessary to put some personal pressure on FAW Group Corporation to make it really run. Although FAW Group Corporation can be said to be the big brother of China's automobile industry, this big brother has not been enterprising for many years, and it is in Qingshan

The status of the provincial economy is determined again. If it does not start running, the car in Qingshan Province will lose half of its motivation!

Therefore, for this request, he just hummed and haha, and did not give a clear answer. Anyway, even if the factory construction starts now, the Qingshan Branch of Qinchuan Samsung Automobile Group Co., Ltd. will not be able to start trial production until next year. By then, domestic

Who can say for sure what the economic situation outside China will be like?

"Mingyuan, the detailed information about the Caiyun Airlines flight's return incident has come over. Do you want to take a look?" Angelina asked with a smile, "No wonder those pilots took such radical actions." She looked at it.

When Fang Mingyuan came out, his mood was a little low.

"Huh? Let me take a look!" Fang Mingyuan turned around and said. Although he could guess the reason, he didn't know the specific details.

Fang Mingyuan took the information, read it carefully, and then read it again from the beginning. Then he put it down and said thoughtfully: "In the second half of last year, I remember that due to jet fuel futures hedging, many domestic airlines

The company has suffered huge losses, is Caiyun Airlines involved?"

For airlines, fuel costs have always accounted for a relatively large proportion of their operating costs, often accounting for nearly 40%. In recent years, the continuous rise in crude oil prices in the international market has also caused fuel prices to rise.

, it has also caused the proportion of fuel costs to total operating costs to continue to rise. In the middle of last year, the proportion of fuel costs to total operating costs for many airlines had risen to 43.4%!

For airlines, due to fierce competition, they could not easily increase fares according to the increase in fuel costs and pass on the high oil prices to consumers. Moreover, the price of oil in the international market was still growing rapidly at that time, which undoubtedly made aviation

The company's profitability has become a very difficult thing. At this time, fuel hedging through the derivatives market has become a countermeasure adopted by airlines to resolve the risk of rising fuel costs.

Jet fuel futures hedging refers to a financial derivatives instrument used by airlines to maintain and increase the value of future jet fuel in order to cope with the operating risks caused by fluctuations in oil prices. By buying or selling forward jet fuel contracts,

Lock in costs, thereby reducing operating risks caused by large fluctuations in oil prices. Jet fuel futures hedging is a type of futures hedging business, and futures hedging business has become a way for enterprises to avoid price risks and lock in costs and profits.

An important financial tool, it has increasingly become an indispensable risk management tool for enterprises to achieve business goals. Major European and American airlines began to engage in fuel futures many years ago, and this practice has long become the main means for international airlines to control fuel costs.

From this point of view, there is nothing wrong with domestic airlines choosing to do this. If Qinxi Airlines and Kowloon Airlines had not had a stable supply of fuel from Pingchuan Petroleum Group Company, they would definitely have taken corresponding measures to reduce their fuel consumption.

Because of the operating risks brought about by the rapid rise in fuel oil, Pingchuan Petroleum Group Company is actually doing similar hedging business, but thanks to Fang Mingyuan's guidance, there is no risk.

But no one expected that in the second half of 2008, after the international oil market price reached an unprecedented high, it continued to decline in an avalanche-like manner. By the end of the year, the oil price had nearly halved. This made the original oil price drop by half.

Many airlines believed that crude oil prices would continue to rise and suffered huge losses in hedging jet fuel futures. Even Cathay Pacific Airways lost billions of Hong Kong dollars as a result, making its 2008 annual report extremely ugly.

At that time, many domestic aviation companies suffered losses of from one billion to several billion yuan, and two of them almost became negative assets. If the Ministry of Finance had not injected timely capital, their stocks might have added

The prefix of st.

"You mean, Caiyun Airlines also conducts jet fuel futures hedging?" Angelina was stunned for a moment before reacting.

"Although Caiyun Airlines has been in arrears with employee wages in the past, most of the time it was more than ten days late, and at most it was only a month. But starting from November last year, the pilots' wages were not only in arrears, but also not paid at all.

Being able to pay in full, and the year-end bonus has not been paid yet, this shows that Caiyun Airlines may have a big financial problem. Judging from the time, I suspect that they suffered relatively large losses in aviation fuel futures hedging.

." Fang Mingyuan pointed to the content in the information and said.

After Angelina looked at it carefully, she closed her eyes and considered it for a moment. She had to admit that what Fang Mingyuan said made sense. Judging from the time point, Caiyun Airlines did have this possibility.

"You mean Caiyun Airlines has a big financial problem, but it has not been made public? And because of financial constraints, they have delayed the pilots' salary, which has intensified the conflict?" Angelina glanced at Fang Mingyuan and said, "You

Do you want to acquire Caiyun Airlines?"

Fang Mingyuan laughed and said, "Why do you think so? How do you know that I want to acquire Caiyun Airlines?"

"You want the heads of Qinxi Airlines and Kowloon Airlines to take a stand in favor of the pilots between the companies and the pilots during interviews. And you want them to make it clear that they do not agree with the lifelong ban on the lead pilot. You

You are also willing to accept them to Qinxi Airlines or Kowloon Airlines. In the eyes of outsiders, you are too enthusiastic, right?" Angelina said.

"You mean, excessive enthusiasm will make people misunderstand that you have ulterior motives?" Fang Mingyuan pinched his chin and said, "To be honest, I really have ulterior motives, but the goal is not Caiyun Airlines."

Angelina immediately cheered up, moved a little closer to Fang Mingyuan, took Fang Mingyuan's arm and asked, "What are you going to do?"

"My goal is to promote the establishment of a pilot union, do you believe it?" Fang Mingyuan chuckled.

"Pilots union? It seems there is already one?" Angelina frowned.

"That's not it, that's the Pilots Association!" Fang Mingyuan said, "Although its construction purpose also includes safeguarding the legitimate rights and interests of pilots, reflecting the wishes and requirements of pilots; serving the majority of pilots, and serving the government, enterprises and members

Communication between them plays a role as a bridge and link, etc., but in fact, it does not have much effect." In China, although there are a large number of trade union organizations, to be honest, most of them can be said to have been regarded as existing in name only! In order to represent

The trade union established to protect the interests of employees has become a functional department of the enterprise, and the top management of the enterprise appoints personnel to the union. Such trade unions no longer have relatively independent organizations and actions, and most of them only carry out symbolic activities on certain festivals.

Provide small welfare and organize entertainment activities. A union like this can represent the interests of the majority of employees when there is a conflict between management and workers. What a joke!

This time, the conflict between Caiyun Airlines and its pilot team has intensified to this point. If the union within the company can play its due role, it will not happen! It is precisely because the internal union of Caiyun Airlines does not play a role in the relationship between the company and the pilots.

The reasonable demands of pilots were not responded to for a long time, and it was extremely difficult for pilots to change jobs. The grievances could not be vented, which eventually pushed the situation to the point of being out of control. The Caiyun Airlines return incident has now been

Not only was it shocked domestically, but also internationally, people in the industry were extremely surprised by this.

"Do you want to establish an independent pilot union?" Angelina understood Fang Mingyuan's thoughts this time, "Would this be good for Qinxi Airlines and Kowloon Airlines?" In many European and American countries, trade unions are very strong.

Especially those unions that are national or industry-wide, their influence is so great that no one can imagine.

For example, the Auto Workers Union in the United States can negotiate with the three major U.S. auto companies on core issues such as wages, benefits, job security, and pensions. If the two parties cannot reach an agreement, there will be a strike. Moreover, the Auto Workers Union also

One very sharp weapon is that they can exert influence on their members. With millions of members, they are definitely a force that cannot be ignored in American elections.

Why were the three major U.S. auto companies in operational difficulties in 2008? General Motors and Chrysler faced bankruptcy. Behind the scenes, the United Auto Workers union was too strong and demanded too high benefits in negotiations.

Relationship. The income and benefits of workers of the three major American automobile companies are much higher than those employed by foreign automobile companies, such as Japanese automobile companies, setting up factories in the United States. However, the production efficiency of the three major American automobile companies is

It's not much better than these foreign-funded car companies, it's even worse. In addition, it doesn't grasp the pulse of the market, and the products it launches don't meet consumer needs, so it's natural to suffer losses.

In Europe, trade unions are equally strong. No matter which country it is, there are several large-scale strikes every year, which Europeans have long been accustomed to. Even in neighboring South Korea, its trade unions have caused great harm to the major chaebols.

In terms of brains, if Fang Mingyuan had not completely lost all the daily operating rights of Samsung Group to Li Jianxi, just dealing with the union's demands would be enough to cause him a lot of headaches.

"Everything has two sides, and the same goes for labor unions. Overly strong labor unions are not conducive to the development of enterprises and the national economy, but without the lubricant of labor unions, it is also not a good thing for enterprises and workers.

.It can be said that workers are naturally at a disadvantage, between individuals and enterprises, especially when facing those large enterprises with state-owned assets background, hehe!" Fang Mingyuan sneered twice, and continued, "You can't just because you see European and American countries.

Those unions that are too strong in the country deny the good side of the union. If that is the case, wouldn't it be forbidden to use fire because there is a fire, and it is forbidden to use water because there is a flood? Air pollution can kill people, will that not be the case in the future?

Can't breathe? At present, the domestic pilot team is still in short supply, and policies restrict the flow of pilots in the industry. If there is no decent union to protect the interests of pilots, similar incidents will happen again.

In fact, I already gave birth several times last year. Do you still remember when more than 40 captains asked for sick leave at the same time when they were born in Shanghai?"

Angelina was startled for a moment, turned her head and thought for a long time, then shook her head and said: "I have no impression. I generally don't pay much attention to such things." She also served as Fang Mingyun's assistant, because of Qinxi Airlines and Kowloon Airlines

The company only pays attention to the affairs of the civil aviation industry.

"Yes, there are special planes flying around. Naturally, it doesn't matter whether civil aviation is in the east or west." Fang Mingyuan said with a smile, "Establishing an independent trade union can further stabilize the pilot team and avoid similar incidents. Qinxi Airlines

In this matter, there is no benefit at all with Kowloon Airlines. At least it can win the favor of pilots and people who want to engage in this profession. It is still promising for the future development of Qinxi Airlines and Kowloon Airlines.

It’s beneficial.”

"But... in this way, wouldn't Qinxi Airlines and Kowloon Airlines be on the opposite side of their peers again?" Angelina said helplessly, "If this continues, all the companies under the Fang family will soon be destroyed.

He has become a public enemy of the industry!" (To be continued.) 8

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like