On the screen of the mobile phone, Nai Minami saw the message from Maaya Uesugi.
[I was very happy to hear it. I felt that Lin was thirsty when he said that the people of Hanjin Shipping should be very heavy.]
After replying to this message, Mingjing Nan raised his head, looked forward, and suppressed the smile at the corner of his mouth.
"The Asia-Europe route is also in a similar situation. Affected by Maersk's large ship strategy, mainstream shipping companies use a large number of ships above 14,000teu on the Asia-Europe route. However, the largest ship in your company's hands does not exceed 13,000teu. It does not have a competitive advantage or market share.
It continues to be compressed, and the possibility of returning to profitability continues to decrease...Senior, if I say something ugly, the creditors are already forcing you to go to the palace, right?"
It is true that Lin Zengxian does not know how to do business, and is far inferior to his brother, but there is no shortage of knowledgeable people around him. He may not be able to figure it out by himself, but he can still figure it out by asking others.
"I have a piece of news that I can tell my seniors in advance. Two shipping companies in our country are about to merge into a new company. Any insider knows how much power it will have. Seniors feel that with your company's current situation, you can fight against this new company."
Can we win the new round of price war? Even if we win, can we make a profit?"
Although it is undisclosed information, each family has its own news channel, so it is not a secret. Lin Zengxian believes that the news he got from "Brother Xu" will be the last straw to overwhelm Zhao Xianmin.
.
"In 2006, your company made such an investment plan. This plan did not make a big mistake, but no one knew that the market was on the edge of a cliff at that time."
Retracting his forward leaning body and leaning on the back of the chair, Lin Zengxian picked up the water glass in front of him and saluted Zhao Xianmin.
This person who suddenly looks very tired really hopes that his company can recover.
But it is a pity that no one can go against the general trend, and their tone cannot be relieved after all.
After a moment of pause, Zhao Xianmin pursed his lips hard, raised his hand with slightly trembling fingertips, and took off his glasses again.
The young man opposite was right.
Moreover, the other party still left some room and did not reveal the chaos within their group.
Taking out the glasses cloth again and carefully wiping the lenses clean, Zhao Xianmin relaxed and pressed his back against the back of the chair.
It turned out that he had been sitting tensely for a long time.
Last year, the market rebounded strongly, and the company's debt ratio dropped from 1,462.5% in 2013 to 687% at the end of last year.
He originally thought that if this continued, the company would be saved.
However, the market plummeted this year, which immediately strangled the company. If the current situation continues, the loss in the first half of the year alone will be as high as 370 billion.
The market has been hit hard, and the company itself is in disarray.
The group is worried that the rescue of the company will bring down the group. In order to preserve the interests of the group and to give priority to supplying resources to airlines that are regarded as the group's basic base, just in the past week, the group decided to give up the company's management rights and transfer its rights to the company.
And handing it over to creditors for joint management effectively means abandoning the company.
"Tell me, what do you want to do?"
Putting on his glasses again, Zhao Xianmin has managed his expression and eyes.
No matter how ugly his "death" is, he will not lose the dignity of his predecessors in front of young people.
"I want to buy 5 small ships of 3000 to 5000 TEU from your company."
He and Ming Jingnan looked at each other and nodded. Lin Zengxian took out the ship purchase contract that he had prepared long ago and slowly pushed it over.
"You want to buy a boat?"
Not only Zhao Xianmin, but Zhao Xianmin's entourage, who had been silent all this time, also sat up straight.
What they lack most now is funds. It is impossible to borrow money from other shipping companies, which directly exposes their fatal weakness. It is also impossible to borrow money from banks. The loans have not been repaid, and the bank will not lend.
Therefore, any current income is "life-saving money", even if this "life" cannot be saved.
"Yes, our F.S.E. will pay through cash flow."
With the word "cash flow", Lin Zengxian believed that even if it was poison, Zhao Xianmin would drink it without hesitation.
"How much liquidity can your newly established small company have?"
Zhao Xianmin picked up the ship purchase contract and did not open it. Instead, he held his breath slightly and stared closely into Lin Zengxian's eyes.
Five small boats could earn close to hundreds of millions of dollars in cash, which was so exciting to him.
Not to mention anything else, with this capital, he is confident that he can keep the company going for another month, and at least be able to pay back the interest on the loan for one or two months to the bank.
This is the place where he dedicated the most prosperous and powerful years of his life. He dreamed of saving the family's shipping company.
"Ms. Nai next to me is the director of our F.S.E. She comes from the Mitsui family."
Lin Zengxian stretched out his hand and gestured to his side. Mingjingnan looked at Zhao Xianmin and nodded slightly.
"Okay, let me see the contract."
Zhao Xianmin put his hands on his knees, bowed to the extremely young lady opposite, and immediately opened the contract.
Zhao Xianmin could no longer think about how this humble small company could have such a large consortium backing it. All he could think about now was getting the funds.
As long as he can get it, he doesn't mind bowing to Mingjing Nan again, or even lowering his head.
"After your company receives the payment, you can make an announcement saying that the small ship was sold to F.S.E. Your company must firmly follow the big ship route, eliminate small ships, and create an era of big ships."
Putting his elbows on the table, interlacing the fingers of both hands, and pressing his chin with the backs of his fingers, Lin Zeng looked with interest at the two people in front of him surrounding the contract, as if the air was filled with excitement.
"Are you really just a friend of Prince Carl?"
Zhao Xianmin raised his head and said the honorific, squeezing the hand under the table.
Lin Zengxian hit his mark and he indeed planned to do this.
He wants to package the deal as a major victory to stimulate the stock market and push the stock price up. Then he can sell a small part of the stock, return some funds, and give the company some breathing room.
"Of course, we are best friends."
After receiving Zhao Xianmin's question, Theo patted Lin Zengxian on the shoulder.
"Wait a minute, what does this mean?"
Zhao Xianmin's entourage, who had been silent for a long time, pointed to the attachment to the ship purchase contract.
The attachment is also a contract, more accurately, it is a gambling agreement.
If within the next year, Hanjin Shipping's capital chain is broken and it needs to raise funds to repay debts through asset mortgages, then F.S.E will have the right of first refusal at a low price.
Or if Hanjin Shipping files for bankruptcy within the next year, F.S.E can give priority to purchasing the assets for debt restructuring.
"Okay, I agree."
Interrupting the unspoken words of his entourage, Zhao Xianmin stretched out his hand to Lin Zengxian.
There is no such thing as a free lunch, he understands this.
In fact, both parties are making a bet. Zhao Xianmin thinks that the company can survive this situation, and Lin Zengxian thinks that the other party cannot.
Although Zhao Xianmin didn't understand Lin Zengxian's confidence and basis for daring to do this, he had no way out.
"make a deal."
Lin Zengxian also stretched out his hand, and both of them shook it with all their strength.