Countercurrent 1982

Chapter 1591 Sea Lion Van

However, the stock issuance of Jinbei Automobile Co., Ltd. was not smooth that year. Long after the stock subscription deadline, Jinbei's staff was still selling stocks.

Until the end of the 80s, the profitability of Jinbei Automobile Co., Ltd. was still good. However, in the 90s, the domestic auto market experienced a great depression, and the profitability of Jinbei declined sharply. Shenzhen Development and other local stocks in Shanghai and Shenzhen are worth a hundred times after their listing, but Jinbei stocks in Shenyang, a map of Northland, are "sleeping" in pain.

In addition, with the increase of deposit interest, the fixed dividend of Jinbei stock was changed to 16.5% after the issuance. The high dividend made the company unbearable. Up to now, Jinbei Co., Ltd. has owed workers wages for three full months. , This has never happened in the history of Jinbei factory.

It is precisely because of this that Duan Yun received such high attention when he came to Shenyang this time, and even the mayor of SY came to greet him in person.

After Duan Yun and Zhao Xiyou chatted at the factory gate, they entered their factory together.

The factory area of ​​Shenyang Jinbei Factory is still very large. In fact, the car factory that Duan Yun is visiting is specialized in the production of 130 small trucks. Less than 10 kilometers away from this factory, there is another car factory that specializes in the production of small trucks. Bread, these two companies were affiliated to the Shenyang Agricultural Machinery and Automobile Industry Bureau at the time. In 1987, Jinbei Automobile Company was formed with more than 50 other auto parts companies in the city.

After entering the factory area, I found that the environment here should have just been repaired, and most of the weeds around the factory building have been removed. It seems that because of the rain just now, there is still a strong earthy smell in the air , On the left side of the factory area is a 3-storey office building, and on the right side are two factory buildings built side by side. Outside the factory buildings, more than 10 130 small trucks that should have been produced recently are neatly parked.

"This is the 130 small truck produced by our Jinbei factory. It used to be very popular in China. Although it is small, it can pull 3 tons of goods when fully loaded. In the past, it was the main product of our Jinbei automobile factory..." Zhao Xiyou pointed The row of trucks parked at the door said to Duan Yun.

"Um." Duan Yun nodded lightly upon hearing this, then stopped and walked towards those vehicles, and said, "Your factory's 130 minivans are indeed quite famous, I've seen people driving this kind of car on the streets of Shenzhen before. "

The 130 small truck was relatively popular in China in the 80s. The shape of this car was borrowed from Japan’s Toyota Byni light truck. It was successfully developed by BJ Automobile Manufacturers in the 60s. It began to be mass-produced in 1973. Later, Shenyang Automobile The factory has become a designated production unit, and this 130 small truck has become a flagship product of Shenyang Automobile Factory.

But in general, the 130 minivan is a relatively backward model. Later, with the purchase of a large number of Isuzu pickups from Japan in 1985, the sales of the 130 minivan gradually declined, and it completely withdrew from the stage of history.

Now the BJ Automobile Factory, which was the first to produce 130 cars, has stopped producing this product and replaced it with the BJ136 car based on Isuzu light truck technology, while the Shenyang Automobile Factory is still producing 130 cars, but since the end of the 80s, The output is already very small, and now it can only produce less than 300 vehicles per year.

"Our Shenyang Jinbei Automobile Factory has very strict requirements on product quality to ensure that every car produced is durable." Zhao Xiyou smiled and continued: "In addition to 130 light trucks, our Jinbei van is also a well-known product in the country. The sales are pretty good…”

"Then how much profit can these two models bring to your company in a year?" Duan Yun asked.

"When it was the highest a few years ago, it could reach more than 4000 million a year. Now..." When he said this, Zhao Xiyou's face flashed a look of embarrassment, and he continued: "The annual profit is only 700 yuan. About ten thousand..."

"It's not easy...but sixty-seven million a year is not bad, and it's really not an easy thing to support so many people." Duan Yun said.

"Yes, we have encountered some difficulties in our business operations in the past few years. The main problem is backward technology and lack of funds. In fact, if we have enough funds, this automobile factory can still run well..." Zhao Xiyou said.

"That's not right. As far as I know, your Jinbei Automobile Factory hasn't paid its workers wages for three months, right? Although the profit of 600 million yuan a year is a bit small, at least the workers' wages can't be owed, right?" Duan Yun asked with a slight frown.

In fact, Duan Yun is most disgusted with such things as wage arrears to workers. After he heard about this incident before, he thought that Jinbei Automobile Factory owed huge foreign debts and faced huge financial problems, which made it impossible to pay wages. The automobile factory also makes a profit of 600 million yuan a year, which is somewhat incomprehensible to him.

"In fact, the factory that produces 130 trucks and Jinbei vans can make a profit every year. Although it is getting smaller every year, at least it is no problem to maintain a balance of payments. The key is..."

"What's the key?"

"The key is that we have a project that is facing a very big dilemma. It is the dragging down of our group company, which has caused major problems in our group company's revenue and expenditure." Zhao Xiyou said.

"What project?"

"It's our Sea Lion van project. For this project, we invested a lot, but now the capital chain has been broken..."

"I see!"

Hearing this, Duan Yun suddenly realized.

Duan Yun has also heard about the Hiace van. The domestic sales of this car have been good in the past. Even on the streets of Shanghai and BJ in Shenzhen, you can often see the Hiace van. A hit product of Shenyang Automobile Factory.

But it is such a project that has almost dragged down the Jinbei Automobile Factory. The main reason is that 99% of the parts of Hiace Automobile are imported from Japan. After assembly, the entire vehicle is sold. Since the contract is in Japanese yen The price was set. At that time, the yen was soaring, and Sea Lion vans could only sell 2000 vehicles a year. The funds returned were not enough to buy parts, so that in the end, there was no money for the purchase...

(End of this chapter)