The Strongest Life Reborn

Chapter 2166: What a Trick! (Third)

For this matter, I heard that Mr. Dong was too busy to work and was very hard.

Today, when Jun Yin met Mr. Dong, he realized that his condition was worse than expected.

His white hair has not been dyed, and his face is haggard, and he is much thinner than when the Xiangjiang Real Estate Construction Association met on New Year's Day.

The yacht sailed about 20 nautical miles out of the sea, then stopped, turned off the motor, and let it slowly float on the sea.

Today is April, the sea breeze of Xiangjiang is still relatively big, but if you choose to go to sea at one or two in the afternoon, then the sea breeze will appear to be relatively mild, and with the sunlight, it will make people lazy and not want to move.

Yin Jun, Mr. Dong, and Mr. Huo Ersi sat on the deck, talking while blowing the sea breeze.

The main reason is that the two of them said that Huo Eryi is just talking.

"Recently, the debt problem of OOCL has already caused the Dong family to be haggard." Mr. Dong sighed. "My father originally only wanted to surpass others and become the world's number one, but I never thought that the world's number one One does not necessarily make money. On the contrary, in order to maintain such a large scale, you will need to pay more. Even the debt will be more heavy. "

Yin Jun smiled.

indeed so.

The Dong family took great pains and finally became the world's second and Xiangjiang's first ship king last year.

But what's the use?

Apart from its large size, does Dong's fleet make money?

Don't make money.

Also because of the surplus shipping capacity now, price wars are playing everywhere, so they have been losing money in recent years.

It can't be said that the transportation industry has always paid money to pick up business, which still has a slight profit.

The cooperative companies of the Dongjia fleet are decades old friends. They can never let the Dongjia lose money, but only make less money.

The real expenses of Dong's family are all in the purchase of customized ships, the maintenance of such a huge ship, and the salaries of personnel.

This is the huge burden that drags them down.

In comparison, the charter king is much smarter.

The Bao family's fleet has already been cut by more than half the size, and then they are doing the most stable business, not too profitable, but keep going, there is no problem at all.

"In the past two years, with the support of old friends Huo Lao and Jun Shao, you are still a good day, at least the situation has not continued to deteriorate." Mr. Dong continued: "I have stopped Japan. 12 Cargo ship orders, I also laid off some staff, retired some old and small ships, closed some unnecessary departments, and streamlined the team. The situation had already been improved, but I did not expect them to stab me A knife! "

"Yeah, you have done a good job, but unfortunately, people are not greedy, they will not care about you so much." Huo Er also sighed.

As a typical rich second generation, Mr. Dong is absolutely excellent now.

Under his active operation and careful operation, OOCL ’s debt has been reduced by a quarter, and its loss last year has also been reduced by 21%. This year ’s operating costs may continue to decline.

If you give him five years, even if there is no order from Kirin Mining Company, maybe OOCL can get up again.

But who will give him that long time?

Especially in today's large profits are expected, these creditors who have been dragged by OOCL for several years will certainly not let this opportunity go.

Huo Erxiu felt some emotions, and he also thought of the attitude of the Xiangjiang government to kill the Huo family at that time. At that time, many people fell into the rock.

If it were not for emergency rescue in the mainland, the business of Hesha was exclusively given to the Huo family, so that Xiangjiang had to rely on the Huo family for development. Perhaps the Huo family today has long since fallen.

"Specifically, do they have equity agreements?" Yin Jun said a little curiously.

"What we owe is only debts and loans, and does not involve shares in OOCL." Mr. Dong said, "but if we can't repay, they are entitled to claim the shares as compensation. Now OOCL shares and It ’s worthless, if we give them all, we still need to bear huge debts of more than 2 billion Hong Kong dollars, of which more than 1 billion will be borne by the Dong family. "

The teenager heard a wry smile.

How ruined you OOCL.

To the extent that capital is insolvent, I really can play.

"So what are you going to do? It is almost six months before the first ship's ore leaves the port." Yin Jun said, "If they really want to gain control, they will certainly not let this opportunity pass."

"The time they give me is until the end of April. If it doesn't work, the court can only enforce it." Mr. Dong frowned, "I can only borrow money everywhere. Only when the debt is paid can we say anything else. "

"But the Dong family's current collateral is not enough, even if all assets are mortgaged, they can only borrow 2 billion Hong Kong dollars." Huo Eryi added, "Their assets in OOCL have been completely frozen and cannot be used as private mortgages. To take a loan. But if you borrow in the name of the company, there is no way, because OOCL has completely become a junk stock. "

Because of the recent debt rush by the creditors, OOCL ’s stocks have fallen again and again, and their market value has plummeted.

It's strange that even if it fell anyway, those stockholders didn't sell the shares, and it was a pity that those who wanted to absorb shares in the market would be greatly regretted.

This is nonsense.

Do you only know that OOCL will usher in a turnaround in September and October?

We also know the same, waiting to turn over at that time!

"Our Huo family has borrowed 500 million Hong Kong dollars to Dong's family." Huo Ergong said, "But in fact the Dong family lacks more than this 4 billion Hong Kong dollars, including the following series of operating funds, and various expenses. At least 2 billion Hong Kong dollars must be prepared to pass the level. This is the most difficult place! "

Yes!

The total borrowing demand of 6 billion Hong Kong dollars, except for several major companies, is definitely a huge sum of money in any company in Xiangjiang.

"Father means that if Jun Shao is convenient, he can also lend a little money to Dong's family." Son Huo Er continued, "But more importantly, his father knows that Jun Shao is smart and hopes you can come up with a way, Without spending so much money, solve this matter! Solve one day early, it will be good one day early. "

Yin Jun's jaw slightly.

This idea of ​​Mr. Huo is right.

It has been entangled. Not only does OOCL fail to operate normally, but more importantly, it detracts from OOCL ’s reputation, which is more important than arrears.

Your company has lost its reputation and reputation, so how can it stand?

"You don't need to lend me money directly, Jun Shao, you can let Xiangjiang Commercial Bank or HSBC loan to us." Mr. Dong said, "If the bank is willing to lend to us, then it proves that we have confidence in us. This It is very important to stabilize people's hearts. "

"It's okay to borrow money. How much do you need? After you consult with them, I will do the guarantee." Yin Jun first nodded, and then said: "I have an idea that will allow you to get more support."

"Oh? Jun Shao please tell me!" Mr. Dong said with a refreshed spirit.

"Are you in Japan. Ben still has 12 ships that will be delivered next year?" Yin Jun said.

"Yes, it was originally 24 ships. We paid a little liquidated damages and canceled half of it. Now we have 12 ships left." Mr. Dong said quickly: "We are using these 12 ships to start next year and join Kirin Mining The company's iron ore transportation. Once it arrives, we will eliminate 40 smaller and older ships, greatly reducing the burden. "

"You sell the order of 12 ships to the other four ship kings first." Yin Jun said, "sell them at a price 20% higher than the original price, so the recovered funds should be about 2 billion?"

"Because it's time to pay the final payment, we actually only gave about 1 billion Hong Kong dollars." Mr. Dong said, "If sold to them, the funds recovered are only 1.2 billion."

"1.2 billion is not a small amount, then take this money and go to repay it first!" Yin Jun asked, "should this part of the asset be movable?"

"Yes! Because it is a company's debt, it is a normal business practice to sell assets to pay off debts." Mr. Dong explained, but also a little puzzled, "But will they be willing to take over at a high price? And this has other meanings. ?"

He was also forced to go crazy, and his thinking couldn't keep up.

Huo Erzi, an outsider, woke up immediately.

"Miao, Jun Shao!" Huo Eryi clapped and smiled. "On the one hand, he took the much-needed funds and paid off the debt! On the other hand, he expressed the support of the four shipowners to the Dong family, making others feel that they were shipping Those of the industry are moving forward and backward together! The last point ... you must think that after the crisis is over, when the iron ore starts to be transported, the profits and expected benefits will allow OOCL to borrow again, thus Buy these 12 ships from their hands again?

Anyway, it will be delivered next year ~ www.wuxiaspot.com ~ Sometimes it takes time to operate! In this way, in fact, they walked around in their hands, and they did not pay anything, just borrowed 1.2 billion Hong Kong dollars for OOCL for free! But with Kirin Mining ’s transportation profit expectations, they will certainly agree, right? "

Yin Jun nodded with a smile.

Mr. Dong also heard a sudden realization, and then he was pleasantly surprised.

"Jun Shao, you really are amazing!" Mr. Dong also applauded with applause, "This kind of acting is so impressive! The backing of OOCL seems to be much thicker at once!"

Compared with the loan amount given by HSBC and Xiangjiang Commercial Bank, Yin Jun's move does not require any money at all, but the effect is absolutely very good!

Genius is a genius, you can come up with such an idea in a blink of an eye!

Dong family is really lucky to have this friend!

(End of this chapter)