Chapter 223 Triangle Debt

October 23rd.

Dahua Industry Press Conference was held as scheduled at Xiangshan Hotel.

Xiangshan Hotel is located in Xiangshan Park in the western suburbs of Beijing. It was designed by I.M. Pei, the "last master of modern architecture". After it was put into use in 1982, it is a first-class conference center. It is not an excessive to say that it is the best conference center in China in the 1980s.

Su Xing arrived at the venue early. Looking at the reporters happily getting the room key to rest, his eyes were angry: forget these things that didn't listen to the big newspaper, and even these small newspaper reporters were disobedient.

In fact, he also knew that Su Dongyuan went to the newspaper, but he couldn't find the little reporter below. These guys heard that they can stay in Xiangshan Hotel for one night, so they don't care what your leader says. The report is not yet visible, but the number of people is more than expected.

Because of its complete and advanced facilities and oriental characteristics, Xiangshan Hotel has become the preferred place for international conferences held in China in the 1980s. It receives hundreds of international conferences every year. Not only is the room difficult to set, but the room rate is also surprisingly expensive.

Su Xing didn't know what measures Dahua Industry used, but he knew that today's [China] Guoneng's company may only be Dahua.

Those who are richer than Dahua are all state-owned enterprises. Huā money is always in charge of it. Needless to say, those private entrepreneurs refuse to rent a hotel for a press conference. Even Su Xing didn't stay in the Xiangshan Hotel for one night. Looking at the reporters according to the white-collar keys on the list, he curled his lips disdainfully and jealously.

The specific time of the press conference is set at 3 p.m. This can be seen from the posters in the lobby, or ask the employees of Dahua Industry with the spirit next to it.

The first reporter went to the room to rest. Some people don't want to stay in the room, just wander around the hotel, or simply interview the receptionists of Dahua Industry.

Su Xing listened to the occasional "kap" sound of the camera, and a deep worry gradually rose in his heart. These reporters have to stay in the hotel for one night, that is to say. In addition to the press conference, they have to stay for another half a day and rest in the room arranged by Dahua Industry... Who can guarantee that they will not get the information they should not have?

"Conspiracy! Don't let the reporters be at his mercy. Su Xing surged up with strong faith and went to the front desk of the lobby and said, "Open a room for me."

"I'm sorry. There are no standard rooms and business suites, and now there are only executive suites left. The waiter of Xiangshan Hotel smiled sweetly.

"It's like a heavy industry base." A reporter whispered.

Yang Ming is right next to him. He shouted, "The offshore drilling platform is like moving a heavy industrial factory to the sea. Although it weighs 7,500 tons, wait until an oil well is finished. It can also move to other areas to continue its work. The life of an offshore drilling platform is as long as 30 years. It can not only produce oil for [China] countries, but also rent it to foreigners to earn foreign exchange. The daily rent of an oil drilling platform can exceed $100,000..."

"$100,000 a day?" The direct amount can attract attention, which also attracts the attention of journalists.

Su Cheng gave a positive [answer] case and said, "The oil drilling platform we produce is leased to other oil companies in the Middle East. The daily rent is at least $120,000.

"The drilling platform is made by Dahua Industry?"

Su Cheng said with great certainty: "It is developed and designed by Dahua Industry, and the engineering production is carried out by COSCO Shipping. To be sure, as a third-generation drilling platform, China 106 has reached the world's advanced level. The third Hua 107, which is being produced in COSCO Shipping, will be the second ship after finalization, and is expected to be deployed in the Sertan oil field in January next year. At that time, the output of the Sertan oil field will reach 80,000 barrels per day, or 4 million tons per year. By domestic standards, it is also a super-large oil field.

The annual output is 4 million tons, which is double the output at the peak of the Tcheng Island oilfield. At the end of 1989, the real-time output of the Setan oil field was four times that of the Tcheng Island oil field. Although the output of both sides will increase, the Sertan oil field will increase more.

Reporters who knew

expressed their admiration. Before the video was finished, someone asked, "How high is the output of the Setan oil field expected to be?"

"In mid-1990, we expect to mine 4 to 6 offshore oil wells, increasing the daily output to 100,000 barrels per day and 6 million tons per year. There may be more."

While Su Cheng was talking, the scene of China 106 drilling out of oil on the day was also being broadcast on TV.

Although many people don't know how to exploit offshore oil. However, looking at dozens of [China] national workers. Jumping and laughing around the black industrial flow, watching foreign engineers rush into the black oil rain** to celebrate, you can understand the importance of this gushing oil.

In an instant, Su Xing was also a little moved, but it was in an instant.

The higher Su Cheng's achievement, the greater the threat to him. In any case, Su Xing does not want the resources of the Su family to flow into the hands of another illegitimate child. No one can...

Not long after the video was released, Su Cheng talked about the investment of Dahua Industry and said, "Our Dahua Industry is ready to divide the profits into three parts. The first is enterprise reproduction, the second is used as cash reserve, and the third is to be used for investment and purchase of factories.

"Do you have a goal?" The financial reporter took the lead in asking questions.

"Yes, we have actually acquired two foreign shipping companies. We originally hoped to acquire Tian*jin Petroleum Machinery Factory, but now we have partially given up.

"Why?"

Su Xing stared at the stage. He couldn't pin his hopes on all newspapers. Su Xing has made up his mind that if Su Cheng talks about the loan of Jinshi General Factory, he will make a scene in the venue.

But Su Cheng didn't say anything about the loan. He looked out of the stage and laughed, "It's mainly because the triangular debt problem of Tian*jin Petroleum General Plant is very serious. That is to say, from the books, Jinshi General Factory seems to have some profits. In fact, because the receivables cannot be collected, their profits are only reflected on the books. The enterprise itself has very little cash. In fact, it has fallen into a situation of insolvency.

Triangular debt is the first economic problem encountered by the [China] country in the 1990s. Before Xinhua News Agency issued the State Council resolution in April 1990, it was already the core issue of the national economy. Compared with the dark story of illegal loans, triangular debt is an open and upright problem.

Just by looking at the flashes played by the reporters, you can know how much they care about this problem.

In 1989, the concern of journalists was the concern of society. To be continued