Chapter 712 The Dong Family’s Plan!
Dong Haoyun said a lot there.
Yang Ming heard it very clearly. Dong Haoyun hoped that after he left, the Dong family and OOCL would be taken care of by Sir Yang.
It seems that the Dong family is now the third largest shipowner in Hong Kong and one of the seventh largest shipowners in the world. In fact, this is all because Dong Haoyun has desperately borrowed from shipyards around the world to buy a large number of 10,000-ton tankers and other container ships in the past three years.
For the Dong family, this is indeed one of the world's shipowners. On the other hand, the current debt is as high as more than 85%, which is a very serious problem. In other words, many of the funds for purchasing large ships are borrowed from banks. If the bank suddenly withdraws the loan in advance, or even the interest cannot be paid, it will be a fatal blow to the Dong family and OOCL.
Dong Haoyun has struggled all his life to achieve his current achievements. He does not want the Dong family to have nothing after he leaves.
Most importantly, he has left OOCL with a debt of nearly 20 billion Hong Kong dollars. For the Dong brothers, the pressure is still very great.
If he could get the support and help from Sir Yang, Dong Haoyun believed that no matter what would happen to the global shipping industry in the future, whether it would decline or rise again, he felt that he could overcome the difficulties.
As long as he could overcome this difficulty, the Dong family would definitely have a place in the global shipping industry.
Yang Ming sat there, holding Dong Haoyun's hands.
He felt that Mr. Dong was very excited at this time.
"Sir Yang, tell me, now that the global shipping industry has declined so much, when will it be able to recover?" At the beginning, Dong Haoyun was determined to increase the development of the shipping industry.
On the one hand, it was Dong Haoyun's own prediction.
On the other hand, it was seeing the establishment and investment of Sir Yang's First Shipping Group.
However, in the past three years, Hong Kong's shipping industry, and even the global shipping industry, is still in decline. Many shipping companies have no business at all, and the prices of shipping industry have been falling again and again.
At this time, other shipping industries in Hong Kong have been greatly affected.
Dong Haoyun did not regret it. Even if he was given another chance, he would still work hard to expand the scale of his company.
"Mr. Dong, the decline of the global shipping industry is also a regular period. It has not really recovered yet. I guess it will take until the mid-1980s at the earliest and the early 1990s at the latest."
Mid-1980s?
It's only 1982 now, isn't it still a long way off?
Dong Haoyun's face became even uglier, and Yang Ming held his hand tightly.
"Sir Yang, now OOCL has grown from a million-ton ship to a tens-million-ton ship. Three years is equivalent to my development over the past few decades. Now the company has owed nearly 20 billion Hong Kong dollars in debt. If the shipping industry is still the same, and the bank withdraws loans in advance, or even fails to pay the interest, what do you think our Dong family should do?"
This kind of thing is actually very likely.
Yang Ming didn't expect that Dong Haoyun was really too bold to keep buying so many large ships from around the world.
Because of the current situation in the shipbuilding industry, shipping companies can buy large ships from shipbuilding companies by only requiring a down payment of about 10%, which has led to the current OOCL debt.
If the global shipping industry still hasn't taken off by then, it means that OOCL's profits are insufficient, but Dongyang and even the M-country bank require early repayment of the loan, which will be very troublesome.
The most important thing is that if the interest cannot be paid, the trouble will be even greater.
Historically, after Dong Haoyun left, all the pressure was on the two brothers of the Dong family.
Yang Ming didn't expect that now that he appeared and had acquired those shipbuilding companies, the Dong family still bought so many large ships and owed so much debt. It has to be said that the father and son of the Dong family are really bold.
If it were someone else, Yang Ming might not agree rashly.
Yang Ming knew that the eldest son of the Dong family was still very capable.
Historically, the eldest son of the Dong family not only led OOCL to overcome difficulties smoothly, but most importantly, he also ascended the throne, which is enough to show that the other party is really good.
Now, Mr. Dong wants to entrust Dong's OOCL and the Dong family to him. Obviously, in addition to trusting him, he also values the strength and personal influence of Yang Ming and the Empire Group.
From this point of view, people who can leave their names in history are not simple.
The same is true for Dong Haoyun now.
For Dong Haoyun, he said this to Sir Yang before he left, but he didn't know whether Sir Yang was willing to help the Dong family.
The other party did it.
"Mr. Dong, I believe in the ability of the two brothers of the Dong family. They will definitely help OOCL through the difficulties."
"Sir Yang, are you unwilling to help me?"
This is a debt of nearly 20 billion Hong Kong dollars. Would ordinary people dare to agree to it rashly?
That's impossible.
Yang Ming knew that the reason why the Dong brothers helped OOCL through the difficulties in history was of course due to the Dong family's connections. In addition, the Dong family sold part of OOCL's business, including some large ships, to get through the difficulties.
When the eldest son of the Dong family ascended the throne, he sold most of the Dong family's business, and left the remaining part to his younger brother.
"Mr. Dong, how do you want to help?"
"If the Dong family can't survive because of too much debt, I hope you can help acquire OOCL, as long as you keep a part of the Dong family's shares."
Yang Ming was surprised.
Dong Haoyun actually made such a suggestion?
. . .
Yang Ming and Dong Haoyun stayed inside for more than half an hour.
The Dong brothers and Zhang Peiwei were waiting outside.
When the call came at the door of the ward.
Yang Ming came out with a heavy look.
"Sir Yang, my father."
"Young Master Dong, Mr. Dong just rested."
Yang Ming and Dong Jiancheng, Zhang Peiwei said, and came down from upstairs with the young master of the Dong family.
"Young Master Dong, just take care of your father, don't worry about other things."
It was obvious.
The two brothers had already known what his father and Sir Yang said.
Now hearing Sir Yang say that, I don't know why the young master of the Dong family also breathed a sigh of relief.
Maybe this is strength.
He is more than ten years older than Sir Yang, and now Sir Yang's wealth and influence far exceed the Dong family.
It was Sir Yang's words that made the young master of the Dong family finally breathe a sigh of relief.
Now with a debt of 20 billion Hong Kong dollars on his shoulders, how could he not be under great pressure?
"I'll go back first. I'll come to see your father again when I have time these days."
"Thank you Sir Yang."
The eldest son of the Dong family watched Sir Yang get into the Rolls-Royce, and the eldest son of the Dong family hurried upstairs.
In the private ward upstairs.
The two brothers of the Dong family and Zhang Peiwei were there.
Zhang Peiwei looked at her uncle's appearance, her eyes red.
"You go out first, I'll talk to Jian Yan alone."
Dong Jiancheng and Zhang Peiwei also went out first.
The door of the ward was closed again.
"I just pretended to be very sleepy, Sir Yang thought I was going to rest."
"Father, why did you do that?" The eldest son of the Dong family asked in surprise.
"Jian Yan, I was afraid that Sir Yang would not agree. I have just entrusted the Dong family and Dongfang Overseas to him. With Sir Yang's strength and influence, as long as he helps, our Dong family will not have any problems."
"Father, didn't you say that if you really can't make it, you should sell Dongfang Overseas to Sir Yang?"
Chapter 2!
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