Rebirth of Hong Kong 1981

   Chapter 273 Zhao Chuanwang's decision

   There is a huge difference between the two, and investors and banks naturally have no confidence in the Zhao family.

   In this way, the situation of the Zhao family can be imagined when the shipping industry is gradually declining.

   It's not an exaggeration to describe it as 'the ants on the hot scourge'.

   Now it is impossible for the Zhao family to abandon the ship and dock, and they can only choose to sell part of Huaguang Group's business and fleet to reduce their burden.

   Although it is cutting meat, it is better than sinking the whole boat together.

   Like the charter king, although he abandoned the ship and docked, in fact the fleet in his hands is still the largest shipping company in Hong Kong.

   The ships sold by the charter king at the beginning were only part of the Universal Shipping Group, and some old ships were sold to collect funds, and the pressure on the Universal Group was relieved.

   Now Zhao Chuanwang also wants to learn this skill. He wants to sell some of the ships in his hand, so as to get back some funds and pay off some of Huaguang Group's debts that are about to expire, so as to reduce the debt pressure.

   In this way, investors can be stabilized and Huaguang Group can comfortably survive this shipping crisis.

   And the only person who can cross the river is Yang Chen, and now the rest of the people outside are disgusted by the shipping.

   As for finding someone to borrow money, the borrowed one always has to be repaid, and one has to owe a big favor.

   King Zhao Chuan put down the newspaper in his hand, sighed softly, and picked up the phone on the table.

   "Hello, Lao Xue?"

   "I want to ask if your son-in-law is back."

   "I'm ready to come back, all right, please tell him that I'll invite him to tea in two days."

   "Well, thank you very much."

After    hung up the phone, Zhao Chuanwang sat on the boss chair, pondered for a long time, then picked up the phone again and connected the secretary's call.

   "Secretary Wu, tell Manager Chen to come to my office."

   During this time, Zhao Chuanwang has begun to check the business of Huaguang Group.

  Although this part of business in Asia has always been important within Huaguang Group, Asian countries have not really developed.

  In terms of trade, compared with the European and American markets, the gap is still relatively large.

   Now Huaguang Group has completely got rid of a single business, and the ocean trade is becoming more and more serious. Even if it loses the Asian market, it will not be seriously damaged, at most it will hurt the muscles and bones.

  Although trade in developing countries in Asia is getting bigger and bigger, in this period of shipping depression, everyone is fighting a price war.

   If the Zhao family continues to shrink here to compete with others, not only will they not be able to take advantage, but they will also lose money, and the balance of revenue and expenditure will not be balanced, and the debt crisis of Huaguang Group will become bigger and bigger.

   Therefore, even if Yang Chen does not appear, King Zhao Chuan will find a way to stop this part of the business.

   As for the future, as long as Huaguang Group survives this shipping crisis, we will try to find a way to come back at that time.

  dong dong—

"Come in"

   "Chairman, are you looking for me?"

   When Zhao Chuanwang saw the person coming, he got up from the boss's chair, smiled and nodded, "Come on, sit there."

   After the two sat down, Zhao Chuanwang looked at this capable subordinate who had been with him for nearly ten years, and couldn't express his emotion.

   A few years ago, Huaguang Group was still prosperous and rose all the way. After a series of mergers and acquisitions, Zhao Congyan was ranked among the four major ship kings of Xiangjiang in one fell swoop.

  Now, he needs to sell the boat to ensure that Huaguang Group is not overwhelmed by debts.

Without sighing for too long, Zhao Chuanwang went straight to his confidant and asked in a deep voice: "Guocheng, tell me honestly, if the company gives up all its Asian business now, will it be able to survive, or at least still be able to survive? how long."

   Chen Guocheng was stunned when he heard the words, and then said, "Chairman, do you want to shut down the business in Asia?"

  Ship King Zhao waved his hand and said, "It's not to shut down, but to give up completely. I plan to sell Huaguang Group's business in Asia and some of its ships to one person."

   Hearing the words, Chen Guocheng pondered for a while, although he didn't know where his boss found the wrongdoer.

   However, based on Huaguang Group's business in Asia today, it is difficult to say how much it can sell.

   The debt that Huaguang Group is currently carrying has reached billions. Even if someone takes over the Asian business and some ships of Huaguang Group, it is difficult to guarantee that Huaguang Group can survive.

   Unless the shipping crisis is over soon, the crisis of Huaguang Group will never disappear.

   After thinking about it, Chen Guocheng asked, "Chairman, can you tell me how much the other party is willing to contribute? Now the company has several loans, which are about to expire. If"

   "How much do you need?" Zhao Chuanwang asked with a frown.

  Chen Guocheng replied directly: "Chairman, if we want to solve the current predicament of the company, we must reduce the company's debt to a safe position, which requires one billion funds to ensure that Huaguang's subsequent division of Asian business will not be affected."

   One billion, although it is less than Huaguang Group's billions of debts, but once Huaguang Group divides this part of Asia's business and most of the ships, the pressure on the entire Huaguang Group will be greatly reduced.

   In this way, even if we carry billions of debts and are supported by other industries of the Zhao family, we can restore the confidence of investors and banks in the Zhao family.

  'One Billion' Zhao Chuanwang secretly felt bitter in his heart. To say that a few years ago, one billion Hong Kong dollars could only buy ten medium-sized ships.

   Now, with the Japanese shipyards launching at full capacity, coupled with the shipping crisis, the old ships that went into the water, even those that have just been launched for a few years, have shrunk considerably.

  If you want to collect one billion funds, the entire Huaguang Group will probably have nothing left except for some ocean-going freighters.

   In addition to this, there are still some old ships. He has to see if Yang Chen wants it or not. If the other party doesn't want it, he can only sell it as scrap iron.

  Otherwise, it is useless to leave it, and it will cost you high maintenance costs.

   Fortunately, there are not many old ships in Zhao Chuanwang’s hands. Even if they are dismantled, they will feel distressed at most. If Yang Chen wants it, it must be the price of cabbage.

   In any case, although one billion is a lot, it can still be collected in the clearance sale.

  Leave one-third of the ocean freighters, and sell all the other ships, giving Huaguang a chance to breathe.

Thinking of this, Zhao Chuanwang did not hesitate, looked up at Chen Guocheng in front of him, and instructed: "Manager Chen, get ready after you go down, wait for my news, as long as there is news, you will start to carry out investigations against Huaguang Group. Split and reorganize.

  In addition to 20 ocean-going freighters, prepare a copy of the information of other ships for me, and prepare a copy of the price assessment. Please don’t falsify the actual price. I will use it in two days. "

   After Zhao Chuanwang finished speaking, he couldn't help but warned: "Don't spread the news for the time being."

   "Okay, Chairman."

  ——

   (end of this chapter)