The Rebirth of the Financial Hegemon

Chapter 16 Making a Lot of Money

Zhao Jiangchuan's face was full of reluctance.

His eyes are all looking at you cruelly.

It looked like someone had dug out a piece of flesh from his body.

But in fact, this guy was almost happy.

In the middle and late Ming Dynasty, Ludao's maritime foreign trade was quite developed, and the shipbuilding industry also rose and developed along with it.

At this time, you can even chase the Sanbao eunuch before he goes to Nanyang.

It was at that time that Zheng Chenggong built ships on Ludao and sailed eastward to Taiwan to fight against the Dutch colonists.

By the Qing Dynasty, especially after the opening of five ports for trade, the shipbuilding industry prospered with the active fishing industry and the needs of economic development.

During the late Qing Dynasty, Xiamen's shipyards were mainly concentrated in Shapowei, Heshang'ao, Liaozihou, Pianbanliao and newly reclaimed land.

Among them, the most famous shipyard is undoubtedly the Xiamen Dockyard Company, which is located on newly reclaimed land and was founded by the British in 1858.

Ludao Shipyard Company owns China's first thousand-ton granite dry dock, which is one of the birthplaces of modern industry in China.

British writer Martin once called it "the first seedling of China's machine industry."

In 1983, Ludao Shipyard took the lead in moving from the military product market to the international shipbuilding market, producing a variety of civilian ships exported to Hong Kong and Peru.

It can be said that due to its special geographical location, Ludao Shipyard has witnessed many firsts in China's shipbuilding industry.

But no matter how glorious the history is, it cannot withstand the erosion of time.

Ludao Shipyard mainly produces civilian bulk carriers.

However, in the past year, the prices of global bulk resources have generally declined.

Crude oil, which had a maximum of 24 US dollars a barrel, fell to 13 US dollars.

Bulk commodities such as copper and iron ore have also fallen by almost half.

When prices fall, no one can make money.

Therefore, the demand in the transportation market has shrunk significantly, causing freight rates in the global shipping market to plummet simultaneously.

This fall,

There was a problem.

Two years ago, Ludao Shipyard took over thirteen 5,000-ton bulk carriers from the Canadian Peru Copper Company.

Value, $180 million.

But when it was completed and delivered half a year ago, the Canadian shipowner chose to abandon the ship.

Because, according to industry rules, a 20% deposit is generally required for ship construction.

However, due to the plummeting commodity prices in the international market and the rapid reduction in freight costs, the price of finished ships has also fallen simultaneously.

It's so low that if you follow the market price, you only need 50% of the original price to build a new ship.

In other words, if a ship owner purchases a pre-customized ship at the original price, he will directly incur a 30% loss.

Therefore, Canada-Peru Copper chose to abandon ship.

This abandoned ship is simply a nightmare for Ludao Shipyard.

Like most companies, Ludao Shipyard built these thirteen bulk carriers with most of the funds borrowed from banks.

Once the shipowner abandons the ship, it means that all the cargo falls into the hands of the shipyard itself.

Coupled with the continued downturn in the shipping market, Ludao Shipyard has not sold these ships even after another six months.

If you can't sell the boat, you can't exchange it for money in the bank.

Insolvent, Ludao Shipyard has only one way to go.

Waiting for bankruptcy.

Xiao Jialiang has been having a headache for a long time because of this matter.

Because shipyards are no different than other industries.

An enterprise of the size of Ludao Shipyard can support more than a thousand people.

Once work stops and goes bankrupt, more than a thousand people will immediately become unemployed.

Public security has been bad enough in recent years.

In addition, more than a thousand people are unemployed, and more than a thousand families are helpless.

God knows what a fuss could be made.

For this reason, Xiao Jialiang has thought of countless ways to save Ludao Shipyard.

It's just that in the large-scale debt and shipbuilding market, there is no bottomless abyss, and it is impossible to find a strong company to take over.

As a last resort, Xiao Jialiang even found the Southeast Group who was on Zhang Jiajun's side.

But in the end it was still to no avail.

The Huang family had suffered heavy losses in the adzuki bean market and was unable to withdraw hundreds of millions in cash.

Without an infusion of capital, Ludao Shipyard cannot come back to life.

There is no other way out than bankruptcy.

Therefore, Xiao Jialiang paid attention to Zhao Jiangchuan.

It would be a shame to leave such a rich man without using it.

"Two hundred million. Two hundred million from the head office."

Of course.

This is simply a piece of pie-in-the-sky good news, how could it not be possible?

What will the future market look like?

Naturally, it couldn’t be better.

In a few years, China will enter a state of rapid development and even become the strongest engine of the global economy.

At that time, China's shipbuilding industry will gradually enter its peak state.

At its peak, China's shipbuilding industry even accounted for half of the world.

The orders are overwhelming.

With the status of Ludao Shipyard, it can be turned around again without much investment.

Just throw some money and it will turn into an old hen that lays golden eggs.

If we run it again and go public.

That is, it is not impossible to have profits of dozens or hundreds of times.

Zhao Jiangchuan felt happy.

Now it was Xiao Jialiang who begged him.

But if he had to wait three or two years, then even if he asked Xiao Jialiang, he wouldn't be able to get such a good thing.

Not to mention the future value of Ludao Shipyard.

Just say that the thirteen bulk carriers currently rotting in the hands of Ludao Shipyard are a huge wealth.

Not much to say.

As long as it lasts three years, the prices of those thirteen bulk carriers will probably double.

What's more, Ludao Shipyard has no problems at all in other aspects except funding.

After getting the capital injection, it will become a leading shipyard that is full of vitality.

Zhao Jiangchuan pinched his thigh calmly.

He bared his teeth and pretended to be impatient.

"Forget it, I'm afraid of you. It's only 200 million, not even a penny more."

Xiao Jialiang was overjoyed.

As long as the Ludao Shipyard can be revitalized, the thousands of people in the factory will not be unemployed.

"Jiangchuan, I really did not misjudge the person. I would like to thank you on behalf of the employees of Ludao Shipyard, otherwise..."

"Stop it."

Zhao Jiangchuan did not dare to let Xiao Jialiang continue talking.

When Xiao Jialiang finds out that he has been cheated in a few years, he will have to fight him desperately.

Now, it's better to get control of the shipyard and run away.

Since Ludao Shipyard has been suspended and awaiting bankruptcy, many procedures have been simplified.

Finally, Zhao Jiangchuan and Xiao Jialiang reached an agreement.

Midas Investment acquired 70% of the shares of Ludao Shipyard for RMB 200 million.

The remaining 30% of the shares are still owned by Ludao State-owned Assets Supervision and Administration Commission.

After the discussion between the two ended, Zhao Jiangchuan sighed and went out.

The aggrieved look on his face forced Xiao Jialiang to comfort him continuously.

no way.

If Zhao Jiangchuan regrets it later, where can he go to find investors?

Under the administration building.

Zhao Jiangchuan glared at Xiao Jialiang unhappily before turning around and getting in the car.

Xiao Jialiang was left standing there embarrassed.

Hey, this guy is really in trouble this time.

If there is a chance in the future, I hope to make up for it.

"boom"

The car started slowly.

Xiao Jialiang waved at the car that was slowly leaving before turning and going upstairs.

So Xiao Jialiang didn't notice that Zhao Jiangchuan's face in the car was full of a capitalist-like treacherous smile.

This time, I made a lot of money again.

Lao Xiao, I hope you won’t fight me in the future.

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