Chapter 587 Untitled
Although the profitability of Korean Air is not very good, it is still an airline that occupies more than half of the market share in a developed country. It plays a vital role in its own aviation territory. Therefore, it is worth spending a little more saliva on this!
Zhao Xianwen is 33 years old this year. For the first half of his life, he spent two-thirds of his time ignorant of his childhood. The first thing he thinks about when he wakes up every morning is what he wants to buy today. Spending money has become a habit, Miss. The temper can be thrown out at will regardless of time and place. The two sisters and their mother, what they like most in life is watching those powerless people kneeling and trembling in front of them.
However, Zhao Xianwen never thought that one day she would be so powerless in her life.
In front of Yang Cheng, she seemed to feel the mood of those employees who were usually trembling with fright in front of her eyes.
She didn't know how she got out of the ward and came back home. She was in a daze along the way, her head was dizzy, her mind was full of Yang Cheng's expression on her, and her analysis of Hanjin Shipping was like a magic voice, which kept ringing in her ears echoed in the middle, and kept asking myself in my heart, "Is the company going bankrupt? What should I do in the future?"
So much so that she didn't eat or drink after returning home, and stayed in the room for a whole day. She didn't realize it until her parents came home from get off work and heard the servant's report.
Zhao Lianghao pushed open the door of his daughter's room, found his daughter lying on the sofa like a corpse, and asked with a frown, "What's wrong with you? Are you sick?"
Zhao Lianghao is not unaware of the usual domineering behavior of the two daughters, but because he was busy with work in the past and neglected to care for the two daughters, he felt that the reason why the daughters became what they are now is his problem, so spoiling inevitably occurred No matter what troubles his daughter got into, he will clean up the mess for his daughter with a "benevolent father" heart.
Although their Zhao family had a bad reputation, Zhao Lianghao didn't take it seriously. In this chaebol-controlled country, the Zhao family had enough capital to be self-willed.
But today's daughter's abnormality still aroused Zhao Lianghao's suspicion. You must know that under the protection of Zhao's family, no one in Korea would deliberately make things difficult for their daughter, let alone being angry shouldn't be such a loveless appearance?
"Father~ Is our family going to go bankrupt?" Finally, Zhao Xianwen spoke, with a faint cry, eyes full of expectation, looking forward to hearing the most resolute negation from his father!
Zhao Lianghao's pupils shrank, "Who told you that?"
Zhao Xianwen usually doesn't like to use her brain very much, everything depends on her temperament, but it doesn't mean she is stupid. His father didn't deny it immediately, which proves that the situation of the group is indeed not good.
He muttered in disappointment, "What he said is true!"
Zhao Lianghao no longer cared about comforting his daughter, and grabbed her arm, "Who is he? Who told you that our family is going bankrupt?"
No one knows Hanjin Shipping’s internal and external troubles better than Zhao Yanghao. The interior is full of devastation, and it is not far from bankruptcy, but few people know this situation, let alone the daughter who doesn’t care about business. Yes, which link went wrong? There are traitors inside?
Zhao Xianwen settled down and recounted the conversation with Yang Cheng in the ward during the day as much as possible.
"You mean that Jason wants to negotiate a deal with us?"
After listening to the process relayed by his daughter, Zhao Lianghao fell into deep thought and asked after a while.
Zhao Xianwen nodded repeatedly, "That's what he said."
Zhao Lianghao's tone was frozen, "His purpose is not so simple! Well, I'll meet this little guy in person and see what kind of storm he can stir up!"
Hanjin Shipping has become Zhao Yanghao's heart disease, like the cancer cells of the Hanjin Group, which are constantly spreading. If he continues to let it go, the life of the group will be endangered sooner or later, but in the face of the global environment, he has no good at all. The method, no matter what you do, is a drop in the bucket.
However, although it is an indisputable fact that trade has shrunk, global trade began to recover in 2010, and the global trade volume from 2011 to 2014 has exceeded the level of 2008.
In 2012, Hanjin Shipping became the first shipping company in South Korea to achieve a total sales volume of 10 trillion won. In 2013, the global shipping market share reached 3.5%.
The strange thing is that Hanjin Shipping is still losing money. The net profit losses from 2011 to 2014 were 8354, 6505, 7066 and 447.7 billion won respectively. It can be seen that there are deeper reasons for its losses, and this is what Zhao Lianghao is puzzled by. .
As far as the shipping industry is concerned, the main revenue is freight. The loss of Hanjin Shipping is directly related to the decline in freight. The golden period of shipping before 2008 caused many shipping companies to expand rapidly to seize the market, which directly led to excess shipping capacity after 2008. It has induced the reorganization and merger of many shipping companies to enhance their competitiveness, and the advancement of technology has further reduced the cost of shipping, so that the freight rate did not follow the inflation, instead of rising, it fell.
The large-scale decline in freight rates is indeed one of the important factors affecting the profits of Hanjin Shipping, but the high and deformed charter fees are also to blame.
One of the manifestations of the transportation capacity of shipping companies is the number of ships. At present, among the more than 100 ships of various types held by Hanjin Shipping, about 90 ships are leased, which is a disastrous ratio.
When the shipping industry was booming, charter rates were at a high level, especially in 2008 and 2009 when Cui Yinying was the chairman, leading many 10-year charter contracts.
The charter fees for these contracts are quite high compared to now. For example, Seaspan, one of the ship owners of Hanjin Shipping, has a 10-year contract, and each Hanjin Shipping ship provides Seaspan with 4.3 per day. $10,000, while today charter prices fluctuate around $25,000 a day.
This year, Hanjin Shipping expects its turnover to approach 8 trillion won, while the charter fee will reach 1.1 trillion won, and it is estimated that from 2017 to 2020, the charter fee will be as high as 3 trillion won. These figures make Zhao Yanghao feel helpless on paper.
In fact, the difficult situation since 2008 did not break Hanjin Shipping. Shareholders such as Cui Yinying, Zhao Yanghao and other creditors have been working hard to improve the company's difficult situation, and have achieved certain results. For example, the debt ratio increased from 1462.5 in 2013. % decreased to 847.8% in 2015.
Negotiating with the ship owner to reduce the charter fee was difficult, but it still reduced the charter fee to a certain extent. In addition, by selling some old ships and other assets to reduce debt, Hanjin Shipping sold its office buildings, terminals and equity in some areas in order to solve the funding problem and improve liquidity at the beginning of this year.
In January, Cho Yang-ho sold the London office building of Hanjin Shipping to a British real estate investment company for US$57 million;
In February, Hanjin Shipping sold the remaining shares of a previously invested company to obtain US$30 million in funds;
Next, Zhao Lianghao is also preparing to sell the equity of the international terminal in Vung Tau Province, South Yue, etc., and it is estimated to raise 100 million US dollars to replenish blood for Hanjin Shipping.
But he also realized that although this series of financial measures has certain effects, it cannot prevent the fate of Hanjin Shipping from sunset.
Now, the news from his daughter gave him another blow. Some foreign forces have already set their sights on the scarred lion of Hanjin Shipping, and they are waiting to die from exhaustion and pounce on him to drink blood and eat meat.
. . . . . .
"Brother Yang~ That kid is under my control!"
Yang Cheng was blocked by Li Zhiyu at the hotel entrance, yelling through the car window.
"You get in the car first." Yang Cheng couldn't embarrass him, lowered the window and beckoned him to get in the car.
"Brother Yang, you don't know, that kid was frightened by the posture I put on, and he honestly agreed to use it for us." Li Zhiyu poked his neck and said.
Obviously, he is very satisfied with his performance today.
"Is there any doubt about He Dacheng?" Yang Cheng asked him with a blank look.
"Doubt? It doesn't matter, as long as he is obedient." People like Li Zhiyu have unique insights into controlling people's hearts.
Fearing that Yang Cheng would not understand, he explained again, "He Dacheng has been blinded by anger and hatred, and he is focused on convicting Park Donghai. As for the source of the evidence, he will not want to know."
Yang Cheng frowned, "In the tragedy at the beginning, although he witnessed the tragic death of his neighbor, he was not his relative after all, the hatred may not be as deep as you think, right?
There may also be anger, because the upper-level leaders put pressure on him indiscriminately, which aroused his rebellious psychology. "
Li Zhiyu smiled meaningfully, "Brother Yang, you don't know, the neighbor who died at that time watched him grow up, his parents were busy with work, and he grew up in that neighbor's house almost all his childhood, his childhood memories Very deep, the relationship between the two families is very good, how can He Dacheng not be angry in front of the tragic death of his neighbor? The seeds of hatred have been buried for more than ten years, and we have successfully ignited them. Once it explodes, it will definitely be a shocking wave!"
Yang Cheng waved his hand and warned, "Keep an eye on him, I don't want him to escape our control!"
Li Zhiyu responded repeatedly, "No problem. With the evidence in our hands and He Dacheng's determination, it is not a big problem to get Pu Donghai in. The key is how we can get the equity of Tairong Real Estate from him!"
Yang Cheng was confident about this, "Don't worry, if you take action to block the pressure from the forces behind Tairong this time, they will find out in a short time, and they will definitely come forward to negotiate with you at that time, isn't the right to speak in your hands? "
Li Zhiyu wanted to understand the relationship between the left and the right, and nodded in understanding, "Okay, I'll go back and watch He Dacheng right now, and I can't let him cause other troubles."
"Hmm~ Don't dig any further until you find out about Tairong's relationship with the community organization." Yang Cheng reminded.
"I understand that if the involvement is too deep, there will be a complete hatred, which is inconsistent with our plan."
After Li Zhiyu communicated with Yang Cheng, he got out of the car and went back to work. This guy has recently found the joy of life. He doesn’t go to nightclubs very much. He leaves early and returns late every day. His family is very happy to see this change, which is natural She has a crush on Yang Cheng.
Although he is only a collateral branch of the Li family, he can be regarded as a relatively core branch among the collateral branches, and he still has a certain right to speak within the Li family. Therefore, Li Zhiyu's parents firmly stood by Li Jianxi's side regardless of other people's strange eyes.
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