Although China's accession to world trade has taken a long time, few Chinese enterprises are ready to deal with it.
Although China's accession to the World Trade Organization has brought more market opportunities to many Chinese enterprises, it has also brought greater pressure. Before being ready, it will bring more pain to the Chinese market.
For enterprises like xinkaixing, the opportunity has become greater, however, the competition has become more intense.
In order to get more and more market orders, xinkaixing has been desperately expanding. So far, the asset liability ratio of this factory has reached 244%! This is absolutely unimaginable for many people.
The current fixed assets of the whole company exceed 8 billion, while the outside world also owes nearly 20 billion or more debt.
China has just joined the world trade organization. Enterprises like Xiang Yunshi holding, which are not poor in their own strength and rely on technology to support their development, don't feel much, but xinkaixing is different - the price of their foreign trade orders has fallen by 13% at once, and there is even the possibility of further decline.
Even if Yunfei doesn't find Wang Qingfeng, Wang Qingfeng will come to Yunfei.
Xinkaixing is now facing the risk of capital chain rupture. No matter what method Wang Qingfeng uses, it is not easy to get a loan from the bank now. Unless Yun is unwilling to guarantee him in person. When it comes to this matter, Yunfei is very painful.
Domestic banks are unwilling to lend to him, but they agree that he can help Wang Qingfeng's xinkaixing guarantee loan, and the credit limit is still very high.
"Lao Wang, at the moment, do you think continuing the loan can solve xinkaixing's current dilemma?" Yunfei didn't expect that Wang Qingfeng, who had always been energetic, had become so haggard.
"There's no way. We have been expanding continuously over the years, and now the OEM factories in Taiwan have begun to enter the mainland and compete with us for business. They don't pay attention to professional ethics at all. Every time they rob our orders, they use a price much lower than our quotation. In less than three months, the unit prices of almost all OEM industries have fallen by more than 20... "Wang Qingfeng knows that only Yunfei can solve the problems encountered by xinkaixing.
If the cloud can't be solved, xinkaixing basically doesn't have many opportunities.
"Do you know now that you have been expanding over the years?" For Wang Qingfeng's suicidal behavior, Yun Fei is also very helpless. This kind of thing was told to Wang Qingfeng a long time ago and told him to take it easy. Unfortunately, the other party didn't listen at all.
Many things, whether supported or opposed by Yunfei, Wang Qingfeng will never hesitate to build a factory or expand the production scale as long as he can make money.
Yun Fei didn't bother to pay attention to these things. Anyway, he played a very solid foundation for Xin Kaixing.
However, at the moment, no matter how good the foundation is, there is no way to support unlimited expansion.
"Let's talk about it later. Yunfei, we still have to solve the current problem first. Otherwise, we really have no future in the future... "Wang Qingfeng came to Yunfei this time not to listen to Yunfei scold him.
Yun Fei has money and can save him, which is the only straw for him.
Otherwise, he can only sell a large part of xinkaixing's property.
At present, many of these industries are just completed and have not made a profit. He will not be willing to sell them. Even if sold, those potential buyers who know their situation will not give Wang Qingfeng a satisfactory price. This will result in billions of losses for xinkaixing.
This loss is not something that xinkaixing can afford.
"What do you want me to do? Now the only way is to cut down some businesses that have little market prospects and sell those assets. Bank loans, I don't know how you can be so poor now! Where did the company's money go? " Not afraid of God like opponents, but afraid of pig like teammates.
Wang Qingfeng didn't have much ambition at the beginning, nor was he stimulated by Yunfei's rolling development enterprises, so he could strictly implement the development strategy formulated by Yunfei to xinkaixing. Even if there were some investments outside Yunfei's development strategy, he would ask Yunfei's opinions.
Later, this guy didn't ask Yun Fei at all.
The assets of Yunfei's company exceed 100 billion, which is too stimulating for Wang Qingfeng. You know, if he had agreed to Yunfei's opinion and engaged in CNC machine tools with Yunfei, even if not half or more of the Yunfei industry was his, at least he, the main investor, could occupy 30-40%!
"Didn't you just get billions of dollars from Americans? You don't have much use now. Why don't you put this fund into xinkaixing temporarily? Don't worry, I promise I won't continue to expand the scale indiscriminately in the future... "Wang Qingfeng has been selling technology in the hands of Yunfei for hundreds of millions of years.
Seeing Yun Fei staring at him without speaking, he quickly explained: "I didn't use the money indiscriminately, mainly to buy oil fields in Iraq and mines in Central Asia. You put a lot of money into it, and I'll watch... "
Wang Qingfeng's words really hurt Yunfei egg.
This guy did these things without the consent of the board of directors!
Besides, he didn't know anything about it.
You know, Iraq is not a good place to invest now! This guy buys mines in Central Asia? How many minerals are there in Central Asia? Besides, how to calculate the transportation cost?
However, Yunfei can understand Wang Qingfeng's idea. This guy definitely wants to establish an industrial base in Central Asia, and then directly smelt and process, and then directly transport products to customers! There is no problem with this investment model. The key is that this guy has never thought whether the funds in his hand can support him to do so!
"The billions of dollars in my hands have their own uses. My stall is bigger than yours. Moreover, it is very difficult for our company to borrow money from the bank. You know better than anyone! " Yunfei doesn't think it's a good thing to provide this money to Wang Qingfeng.
Now xinkaixing is a joint-stock company with many shareholders. If Wang Qingfeng does these things without the approval of other board members, it is simply illegal. Now, he plans to put all his debts on Yunfei. Yunfei will not agree.
"If you don't save Xin Kaixing, Xin Kaixing will really be hopeless." Hearing Yunfei's words, Wang Qingfeng immediately fell into gloom.
Yunfei shook his head: "this is just the beginning. What's your hurry? Aren't many loans with long maturities? As long as there is a sum of money to cope with the immediate difficulties, and then use the funds recovered by the company in this regard, there will be no problem. You're messing with yourself. I can give you two billion. In addition, many things of the company can be outsourced as much as possible. Now the shelf is up, and the market competition has become fierce. We must reduce the production cost on a large scale! This is the only time! "
Yunfei doesn't want to give Wang Qingfeng the 2 billion yuan. Even if he reallocates his equity, he won't be happy.
However, xinkaixing has played too much role in his strategy, and under such circumstances, it can't make xinkaixing happen because of capital problems.
To compete with those foreign-funded OEM factories, in fact, it is mainly the OEM factories in Taiwan. Xinkaixing cannot fall.
"Don't worry, what will you say and what will I do in the future!" Wang Qingfeng heard that Yunfei was willing to help. Naturally, he hurriedly told Yunfei that he would definitely listen to Yunfei's words and unswervingly follow Yunfei's footsteps in the future.
Yunfei told Zhang Cui to prepare 2 billion in cash instead of giving it to Wang Qingfeng now. If xinkaixing can survive by itself, that's the best situation. If xinkaixing really comes to the time of debt collection, the 2 billion funds can play a far greater role than now.
Wang Qingfeng didn't get the money and didn't show any discomfort. As long as Yunfei agrees to help, he doesn't have to worry about anything. Yunfei asked him how many and what projects he had invested in these years. Wang Qingfeng directly and generously gave Yunfei a report. He didn't know that he needed the company's management to report the situation here. He was so angry that Yunfei kicked this guy out with a direct kick.
In addition to making him understand and tell him all the industries under xinkaixing and the industries expanded in recent years as soon as possible, he has no hope for this guy.
"We all know the current situation in the market. After China's accession to the world trade organization, the market, which was not fierce in domestic competition, began to be fierce. Now, our local advantages may not be able to take advantage. I hope you can be prepared. Especially Jiuyi heavy industry, Xingmeng computer and Jiuyi material factory. Now, except for the top products, which will not be exported to us and are still under embargo, any products will increase their export to us. This is a very big impact on our domestic market! " Yun Fei looked at the high-rise below and said to them with a serious look.
This is the practice before the company's year-end summary meeting. Yunfei, the boss, holds a meeting with all the company's senior managers, puts forward a summary of their criticisms in their past work, and then puts forward their requirements for the future.
Unlike this time, the cloud did not say anything about the company's problems at the beginning, nor did it say what the company's managers should do in the next time, but directly talked about the current market situation.