Chapter 230 Whose Company 1
Fairy's energy negotiations began as early as April 1940. After they reached a wartime loan agreement with the bank, they began large-scale contact negotiations without hesitation! In order to maximize the scale of the company and maximize the amount of activities of its opponents, an extremely large-scale negotiation team has been sent. Not only a number of groups of negotiators have been sent from the headquarters, but also from its subsidiaries, branches and even overseas Indian companies and European companies. More negotiators even transferred a large number of negotiators from Xixing! Ordinary people may not imagine this kind of battle, but those followers are stunned. They have never encountered such a negotiation team. It is simply "like flies all over the world". Some even found the giants, which is really terrible! The giants are constantly getting contradictory information. On the one hand, the negotiations between fairies and energy companies are advancing rapidly, and on the other hand, the signs of domestic industrial cities are becoming more and more obvious, and even large-scale land acquisitions and investment in material enterprises have begun. This makes them realize that the Fairy Industrial City project is imperative, which is already urgent and urgent; on the other hand, they feel that this is a real energy rush! If each group of negotiations of fairies is successful, even if those giants are not included, they can form a super-strong company, which is very troublesome to spend more money than their total assets. Of course, this is impossible. The planning department itself admits that the game is too big. After the economic crisis, the domestic assets and European assets total are only about 10 trillion yuan. Isn't it the company's life to take the company's life to take out another loan to acquire energy companies of trillions of dollars? Fairies can't afford it, not to mention that many industries actually interact with each other. The conflict itself is very repulsive.
The fairies and giants had an extensive competition. After giving up many projects, they finally reached more than a dozen agreements, involving a total of more than one trillion yuan. From mid-May to the end of September, in more than four months, the international energy industry has changed dramatically. Many companies have launched a series of fights. Dozens of industrial subsidiaries have transferred their hands and signed hundreds of share transfer agreements, involving more than 2.5 trillion yuan of RMB. In the future, Within two years, this money will be transferred from one company to another, which will make some companies no longer exist, some companies become more solid, some companies will be stronger, and some companies will grow from small to large... Among them, several companies with larger capital contribution account for more than 80% of the total amount involved, becoming a post-war period. It is even a highlight of the global investment market after the economic crisis.
The first acquisition agreement of the energy industry after the economic crisis was first completed by the fairy. The target was a large international energy company in China. The company was in a very difficult situation due to the double impact of the economic crisis and the war, coupled with the failure of investment in the early stage. Fairy was not interested in her non-energy projects, but reached out to her two energy subsidiaries. Due to the relatively few competitors (mainly domestic), "it can't be cheap international giants". As a result, with the official "support", Fairy acquired it in batches of 250 billion and formed the first class of Fairy Energy. Bottom, this is not enough. According to the logical thinking that "if you want to fight against international giants, you must first settle down domestic companies", coupled with relatively few domestic rivals, especially the government's "intentional" assistance, the second acquisition project, another domestic giant's subsidiary worth 100 billion yuan also gave to the fairy, which is not big. Not small, the fairy already owns more than 300 billion yuan of industry. These industries, before the economic crisis, were worth at least 900 billion yuan. So far, Fairy has become an "influential" energy company. Subsequently, she took over the 150 billion yuan subsidiary industry from the Indian Stan Energy Company. In these four acquisition contracts alone, even the 500 billion yuan industry, the fairy is not small and strong enough. Not only is the enterprise large, but also has established close ties with the two countries, strengthened the influence on the power sector, and accelerated her ability to expand around the world! In mid-August, Fairy grabbed two acquisition agreements in South America and strengthened its influence in the largest country in the south. The 250 billion yuan branch was an eye-catching witness. Then, three agreements were negotiated in Africa, involving a total amount of 370 billion yuan. Finally, it was loosened in the war in September. An 80 billion (post-war) subsidiary under the control of Southeast Asia International was seized.
has made ten hands, with an acquisition amount of 1.2 billion yuan. The negotiators are large companies in all continents of the world. The industry is distributed in many countries and regions in Russia, the Middle East, Southeast Asia and Africa and South America. It has become a world-class large-scale energy company and an international energy company. Emerging forces that cannot be ignored in the world. Although energy giants often have trillions of assets, which seems to be similar or even more than Fairy's overall assets, Fairy is an emerging consortium with a large number of excellent assets, good market positioning, and a large amount of available funds, which can be relied on by Fairy Energy. In contrast, Energy giants with a large number of fixed assets are all heavily in debt, with a large number of non-performing arrears, the living environment is difficult, and their competitiveness is greatly discounted. They are not more advantageous than the smaller-scale fairy energy. What's more, it is now a prosperous period in the fairy's history!
Since the acquisition of the first subsidiary in mid-May, the industry has realized that the entry of the fairy is irreversible, and the power to hinder her entry has become smaller and smaller. When the end of the Southeast Asian War, no one doubts the fairy's ability! Fairy has no technology, but she has a unique acquisition digestive system in the world. No project or company can be digested by her. She has no working reserve capital, but she has a large number of assets, a unique banking background, rich profitability, and can make a very low profit. She has no experience, but she has unique means of doing things and has an extremely wide range of contacts, which can easily handle unfamiliar industries! Fairy Energy comes from ten acquisition contracts, with 11 subsidiaries, plus the original two companies, with a total of 13 branches with assets of up to 1.3 trillion yuan.
But she also has a lot of troubles. At the same time, she also takes over a large number of debts and arrears. In the 1.2 trillion transactions, the debt is as high as 550 billion yuan. Although the arrears are also more than 700 billion yuan, the proportion of foreign debt and arrears is almost one-to-one. The risk is very high, and the debt ratio has historically reached 50%, which can It's what fairies have never experienced. Even if they don't have to consider the competition with international giants for the time being, they don't dare to relax at all!
There is no doubt that the fairy itself has great risks. In just four months, she paid 6,000 yuan in acquisition funds. At the same time, in order to revitalize these companies, 150 billion yuan was injected again. That is to say, in the whole 40 years, the expenditure on energy has reached 750 billion yuan. On the top, more than 100 billion yuan had to be transferred from subordinate companies. Even so, the reserve funds are still not enough, because at the same time as the implementation of energy acquisitions, the construction of the city has also been fully carried out. By the beginning of June, 200 billion yuan of various funds had been transferred to Xixing Company (of which 150 billion yuan was directly used for the construction of the city), and the whole company could not make ends meet.
As a last resort, I borrowed 300 billion yuan from the bank in October. After three years, the fairy borrowed money from the bank again, and this is the beginning of a new round of large-scale loans! By the end of the year, the fairy headquarters had a total capital of 410 billion yuan, which seemed to be in a good situation. However, just after the Spring Festival, it was allocated 300 billion yuan to Xixing Company in a lump sum, and then borrowed 200 billion yuan in early March. Two months later, it borrowed 3,000 yuan again, and borrowed 5,000 yuan from the bank in early August. Enough, there was another 200 billion loan in October. This money is either for the energy acquisition, or to repay the previous loan, or to Xixing. Together with the original funds, the headquarters has only more than 60 billion yuan left. So far, the fairy has borrowed 1.5 trillion yuan again (half of which is for urban construction).
The fairy once again set an industry record. In just one year, she took out five loans, with a total amount of 1.5 trillion yuan. This is a unique event in the economic world after the economic crisis. No company has so many new loans, especially not so long. Period loans, and these loans are bound to bring her great changes, making her "becoming a secular company" and having to be careful at any time. According to statistics, long-term loans alone have exceeded 2.6 trillion yuan. These loans have to be repaid one after another from 41. For four consecutive years, high loans and interest have to be paid every year. The specific statistics are shocking. For example, in 41 years, she has to pay bank loans and interest. Nearly 500 billion yuan, more than 460 billion yuan will be paid in 42 years. In fact, in 42 years, in order to build the city, 200 billion yuan was borrowed from the bank, so that in 1946, the bank had to repay more than 230 billion yuan, which is the price of expansion, which is also the hearts of many people. The source of pain!
For the staff of the fairy headquarters, the new general manager is another type of person, which is different from their boss and the former general manager Li Yudong. The old man is an easy-going person with no development ambition. He is often guided by the situation, or suddenly a strange idea that makes people look forward to it and excited. General Manager Li is a cautious person, which may be because he is in an extraordinary period, or out of some concerns, at least There was no big investment in the whole two years, but it was obviously he who formulated the company's basic norms and built the company's basic framework! The new general manager gives people the feeling that he is unwilling to be lonely. He is positive, constantly seeking, smart and wise, and at the same time unconventional... However, the three leaders have one thing in common, that is, he is, he is fierce enough, fast enough, and his means are hard enough!
When Li Yikang appeared at the company's headquarters as an unknown person, many people knew who the future general manager of the company was. Over the years, there were few Li in the headquarters, and there was almost no idle personnel, of course, except for the boss; even in the subsidiaries, no relevant person entered casually. Well, now, a direct member of the Li family with good ability appears as an intern and snuggles up to his parents. Everyone can see that the situation is coming. To be in mind, everyone is not happy to see the boss leave. First of all, for decades, everyone has been used to his way of working and has a deep affection for him. The person who is often lazy is neither the general manager nor the president nor the president of the chairman. There is no other title, just the strange title of "president". . Secondly, in everyone's opinion, the boss and assistant grade are not old, only 60 years old. For an enterprise boss, this age is still on the front line very common, especially the boss looks younger for some reasons, just like a middle-aged man in his 40s, and it seems that it is reasonable to work for a few more years. But since the appearance of Li Yikang, many people know that the senior management of the company is about to change. According to their years of contact and understanding of someone, this time will certainly not be long, and even they will be told tomorrow, and they will not find it incomprehensible. Well, the return of what should come comes, and the return of what should leave can't be retained. Even the other employees in the headquarters have already entered the time of alternation between the old and the new. It turns out that the young people's team has formed the combination of the three generations of old, middle-aged and young people, and some old comrades are already considering retirement, or retreating to the second line, that is, they have already retired. There are also a lot of people. Maybe a large-scale retirement will come soon, but before everyone can react, some people have smelled some of their successors.
For the senior responsible people of fairies, energy companies are the first goal, and nothing else is important; it's not that they haven't considered building their own industrial cities, but in the good situation of the economic crisis, especially under the unified understanding of energy first, no one will It is absolutely not allowed to transfer the target for this purpose. Therefore, at the meeting of high-level leaders, everyone suddenly understood that this must be the young man of the Li family. Their future general manager proposed it, because neither the boss nor they will be involved in this problem casually, but the "so ambitious" boss has been encouraged! Indian investment has borrowed a lot of money. In order to successfully implement energy projects, loans are still necessary, but the deep-rooted idea formed over the years is that loans are unacceptable to them, especially frequent loans, which is unimaginable. The trillions of bank long-term loans and hundreds of billions of yuan of short-term loans have made the company breathless and feel uncomfortable. Now that the energy and industrial city projects are proposed at the same time, there seems to be no other way to go except for loans. Even if there are other options, it is to further change the fairy. It is absolutely unacceptable to become a secular company! Therefore, in their opinion, the future general manager is obviously a secular person. He is not worried about the shackles of the bank and is willing to use the bank's money to develop his career, but the question is whether this is too hasty. After all, it can be a buffer or first-come, first served. However, since the retirement of the boss, in the leadership policy of the new general manager, they have not seen the slightest coming. Although the company's funds are already very tight, and although a large number of funds for energy projects are about to be paid, it is obvious that he has not relaxed at all for the industrial city and only contributed 2,000 yuan in the preparation period. 100 billion, and soon another 100 billion. At the beginning of the 41st year when the company's financial constraints were the most, another 300 billion was crossed...
According to some people's idea, the construction speed of the industrial city has dropped appropriately. It only needs 750 billion loans in the whole 41 years, and this will not cause people's attention. The industrial city has not been built for decades, and there is no shortage of time. It is not too much to delay the completion of a few years. When hundreds of billions of yuan of loans were constantly proposed, Luo Ning's hand trembled. He had never borrowed so much money in such a short time. In just one year, it was more than all the loans he had previously dealt with, 1.5 trillion, which was really too much. As the Minister of Finance, he is well aware of the company's profitability and knows that these loans cannot be repaid in the short term. "This makes the company slow down for at least six years." Every year, he worries about these huge loans! The planning department is also in a dilemma. Although the implementation of the energy project is very smooth, it actually saves a lot of money, or the industrial city project has played a role, but bank loans account for about 40% of the company's fixed assets, which is unimaginable! They always try their best to avoid the company from becoming a secular company. If they can't get a loan, they won't get a loan. If they can't issue stocks, they will never issue stocks. They will always maintain the company's independence. Unfortunately, all this will change with the company's financial situation!
Since he officially took over the fairy company in mid-April, Li Yikang is ready to do a big job. The industrial city project is his livelihood project. If the energy project is the company's established policy and the ideal continuation of his father and fairy headquarters, then the industrial city project is his work. For the achievements of the new generation of leaders, this project will become the masterpiece of him and Liu Huifeng, and the famous work of Li's second-generation management together with Xu Gangchuan's trading company! In his opinion, the energy project must be implemented, which is related to the long-term strategy of the fairy and the whole family, and it is a once-in-a-lifetime opportunity. Of course, he knows that with the company's existing capital reserve, even if a project is implemented, a loan is needed, and he just makes the amount of the loan larger, and the repayment period is slightly extended. Already, his requirements are only so much, and he basically doesn't want to change too much! First of all, he agrees with and supports the company's Indian industrial strategy, insisting on not extracting profits from Indian companies. All the profits of the Indian industry will be used for the development and expansion of the Indian region and expansion from India to the surrounding areas. He will not change this at all. Secondly, he doesn't want to turn the fairy into a real secular company. He just wants to take advantage of the stable gap in the past few years to make the company bigger and stronger and increase the thickness of the company. Although he accepts the modern investment concept, he doesn't even consider issuing stocks, because he knows that this is the planning department and even the whole company has been worried about. And things to care about. He clearly realized that in their opinion, if the fairies did not have a listed company, it would be the real "satisfactory"! At the same time, he does not want to stimulate these veterans. After all, they are the real dependence of the company. He clearly realizes that due to his father's laziness over the years, although Yang Hua's mother has done a lot of work and done a lot of efforts, she has actually formed a unique work system, which can be used without the top person in charge of the company. In this case, keep operating normally, so that even if another person is the general manager, the whole company can still operate as usual.
Li Yikang knows very well that although he is not an idiot, even if a stupid idiot is in his position, the fairy works well as usual! As an excellent manager, he knows the significance of this special system to the whole family. He can't "destruct the Great Wall". A company specification with great flexibility is absolutely beneficial to the whole Li family. However, today's fairies have put a lot of pressure on him. Even an idiot can maintain the normal luck of the company. Turn, in his position, even a fool can make the company run normally, and if he doesn't have a clear and feasible policy, he will really become an idiot; unless he is crazy about cleaning the headquarters, which is even more impossible, first of all, the family can't get through, and maybe the first one to be cleaned. The person is the leader himself! For him, in order to implement his leadership policy smoothly, he must have two conditions. The first is that the proposed policy meets the requirements of various departments, especially can be recognized by several powerful departments; the second is that his personal ability is outstanding and can be recognized by senior leaders. For this second condition, he accepts and has no choice but to support it. He says that it is helpless because it binds his hands and feet. Acceptance is because he can do it well. At the same time, based on long-term considerations, who knows what the ability of the next leader is, so there is only the basic constraint of unconditional support. For the long-term interests of the family, he can't change the company's working mode, even if he has reached or even exceeded his father's prestige. Maybe this is the authority given to them by the family!