Return to the exciting era of 1999

Chapter 1273 The suffering after the tide recedes

Tianxiang has grown so big now that the group has at least 150,000 people, not counting foreign industries.

How easy is it to transform a generating device or production line? Ji Donglai started from the basics, with capital investment of hundreds of millions. It seems that the transformation of thermal cracking has a foundation, but in fact?

The cost of renovation is much higher than the cost of reconstruction. If it is rebuilt, how much will it cost in terms of consumption during this period, loss of customers due to delayed production, and various inspections by relevant departments?

If it were five years ago, when Tianxiang Group had money, everything would have been easy.

There were also a lot of various subsidies provided by the state at that time, and they would be given as long as you applied. After all, in the economic crisis, the state would spare no effort to let enterprises survive.

Thinking about those days now, Hu Jinyuhai has a very fond memory of spending money like water. The money in his hands can be used for various investments. But at that time, everyone only thought about running wildly under the scorching sun. What about now? It has become streaking.

Now that the country has emerged from the crisis, it is very difficult to get every dime from it.

At first, many people persuaded Hu Jinyu to modify equipment and improve technical production capacity. With the huge financial support, Hu Jinyu saw Tianxiang's prosperity and bright future, so he didn't take it seriously at all.

Yao Qingsheng and Hu Jinyu had a huge quarrel over this matter. In Hu Jinyu's view, it didn't matter whether the technology was advanced or not. The only way for companies to persist in making profits was to make profits.

At that time, Tianxiang was at its peak, and Tianxiang, one of the major domestic coal groups, was far ahead. Hu Jinyu was always surrounded by stars wherever he went. Therefore, Hu Jinyu couldn't bear Yao Qingsheng's arrogance and directly reassigned him.

As it turns out, it’s only when the tide goes out that you know who’s not wearing underpants, and now is the time to see all the corporate underpants.

The prices of various raw materials began to rise, and the prices of finished products fell. The final competition in cost competition was technology. At this time, Tianxiang's backward technology and craftsmanship were directly brought to the table.

Due to disorderly competition and the adoption of new processes and new technologies by big players in the same industry, the profits of products have been cut as thin as snow flakes.

This year Tianxiang has reached the age of equipment overhaul...everything requires money, and Hu Jinyu was moved by a feeling of suffocation that he had never felt before.

It is expected that through the acquisition of Cong Ling's coal chemical industry, the last license will be obtained and then sold at a price. Subsequently, he bribed Abdullah's investment manager, hoping that the other party's large capital would support him and help the entire company tide over the difficulties.

Now that all hope was shattered, Hu Jinyu gritted his teeth and called his financial manager. Starting the next day, the entire Tianxiang began to reorganize the financial layout, establish Tianxiang High Salary Company, and concentrate all high-quality assets overtaking high-tech companies.

As for those non-performing assets, they are all concentrated in one company...

"Hu Jinyu is going further and further on the road of seeking death. Ignore them and focus on doing our own things. Lao Yao, inform your people that all information related to the company must be kept confidential from now on." If you start to reveal a word to others, you will be fired immediately and your shares will be taken back."

"Also, Lao Yao, if anyone in your hands is loose-mouthed, I will be the first to deal with you. Tianxiang will know about anything in our coal chemical industry immediately. You can find the reason for me."

"The coal chemical industry was actually able to be penetrated by people, took photos, and posted them on the Internet. How did your person in charge do this? There was no vigilance at all! I don't care how you managed the company in the past. Call me from now on." Cheer up, if you find something like this again, you will be the first to leave."

Ji Donglai couldn't hide Hu Jinyu's tricks from Ji Donglai, especially Zhao Shuying, who had many friends in the financial field.

The accountant who did the accounting for Hu Jinyu was once Zhao Shuying's right-hand man. Now he has established his own financial company, this time focusing on stripping Tianxiang of non-performing assets and bad debts. Zhao Shuying had to be consulted on some matters, so Ji Donglai got any news first-hand.

Now that the cooperation between Yiyuan Manufacturing and Abdullah has been settled, Ji Donglai officially held a meeting with this group of people. The first person to be named was Yao Qingsheng. The other party's neck instantly sweated, but he did not dare to have any objections. After all, The other party has also leaked secrets.

As for setting up branches in the Middle East, Ji Donglai left it directly to Xin Li, and all domestic operations were left to Jiang Haokun concurrently.

"Mr. Ji, Mr. Li of Jinmei Group is looking for you."

After the meeting, Ran Bo came over with a phone, and Ji Donglai picked it up directly.

"Mr. Li, aren't you busy lately?"

Handing the notebook to Ran Bo, Ji Donglai sat on the sofa.

Compared with the tension in the previous stage, Ji Donglai was much more relaxed now. The capable men under his command each perform their duties, and the entire Yiyuan Manufacturing is now like a machine, moving forward steadily under the leadership of Xin Li.

"Dong Lai, I heard that your raw materials at XJ have been cut off. I made an appointment with several of their major shareholders today. Let's sit down together. More friends means more paths, right?"

Li Qingfu was sitting on the sofa with a smile in his eyes. On the coffee table were various recent big actions of Ji Donglai Yiyuan Manufacturing.

The fact that One Yuan Manufacturing was invested by a foreign fund company this time has become an internal reference for these companies.

Li Qingfu was very happy to see the people he brought out achieve such great achievements. Ji Donglai has no doubt that it is good to be friends with anyone.

At this stage, Jinmei Group's coal mines in Kazakhstan have also entered the mass production stage, and the import coal license is also in full swing. As expected, the channel will be repaired by the end of the year, but I don't know whether it will be transported by train or truck.

The meeting place for several people was the Coal Hotel of Jinmei Group. The furnishings inside were no less than those outside. Except for Li Qingfu, the other bosses were all under 1.6 meters tall. It was obvious at a glance that they were all from the south.

Two of them have dark skin and are over fifty years old. The other three have fair skin and are relatively young, in their early forties. One of them looks very young, in his thirties.

I don't know what happened, but from the moment he entered this place, the little man in his thirties looked at Ji Donglai in surprise at first, and then narrowed his eyes. The way he looked at people made Ji Donglai very uncomfortable, especially when he saw everyone complimenting Ji Donglai. When you are young and promising.

"Let me introduce to you, my little brother Ji Donglai. The one-yuan petrochemical industry in Horgos is my brother's industry. Last time, your new shareholders cut off my brother's raw materials. Now the company has no raw materials available."

"We are all colleagues, so we shouldn't act like this, right? What about the big leaders? You are a giant, and everyone knows you. If word spreads, people will laugh at you for bullying the smaller ones."

(End of this chapter)