The reason why the head of the headquarters is so angry is that the $6.5 billion development cost will make the old man greedy.
Although the impact of last year's Asian financial crisis on China is not as big as that of Southeast Asian countries, it has caused a very huge blow to the domestic exports.
Let's take Luan Heping's semiconductor factory as an example. In 1996, the export increased by 16.7%, but in 1997, the export fell by 36.9%.
Besides, Ning Xiaodong's Qiongzhou airline company was directly cut off. However, this is not Ning Xiaodong's biggest loss business. His two import and export companies and one investment company on Hong Kong Island were devastated and closed down.
After more than ten years of hard work, once they returned to the pre liberation period, it was a true portrayal of them. However, they had no choice but to raise money everywhere and stabilize the situation first.
In his early years, Tengfei group, which had gained and lost from Zhuang Jianye, became a shareholder of China Merchants Bank. With financial support, Tengfei group could also give credit to the two people and provide loans to ease the shortage of funds.
However, although the loss of Tengfei group is not as big as Luan Heping and Ning Xiaodong's enterprises, the aftermath of the Asian financial crisis inevitably has an impact on Tengfei group.
The biggest one is that airlines have suffered a major blow, which led to the cancellation and cancellation of the trj-500erj-140 series regional airliners originally scheduled and leased by airlines, thus reducing the overall operating costs of airlines.
This alone led to an annual loss of 3.8 billion yuan in 1997.
In addition, the export of medical products suffered heavy losses, as well as the weakness of other processing and manufacturing businesses, resulting in an annual loss of more than 8 billion yuan in 1997, reaching 8.42 billion yuan.
Zhuang Jianye had foresight to avoid the loss of Southeast Asia. Otherwise, if he only deeply participated in the follow-up development of Thai Royal aviation industry group, he might lose all of Tengfei group's underpants.
Fortunately, in the middle of 1996, Tengfei group transferred the remaining shares of Thailand's Royal aviation industry group to Honda, which finally gave the Japanese vehicle with the dream of making an airplane a chance to touch the sky on the top of the car.
He not only paid US $3.2 billion for the acquisition of Tengfei group, but also spent US $6.6 billion to bring 55% of Thai Royal aviation industry group under his command in the next half year.
Just when Honda was ambitious to rely on Thai aviation manufacturing enterprises to realize its ultimate dream of automobile going to heaven, the financial giant's blood broke the backbone of Thailand, and then swept Southeast Asia.
Half a year ago, the market value of Honda's nearly $10 billion Thai Royal aviation industry group instantly evaporated 85%, leaving less than $1.5 billion.
Subsequently, Thailand's Royal aviation industry group announced bankruptcy and reorganization, Honda's last hope was dashed, and the ultimate dream of automobile was still the unreachable one.
Thanks to Honda's $3.2 billion equity transfer fee and Zhuang Jianye's intentional or unintentional cash reserves in recent years, Tengfei group is able to withstand the risk when facing huge losses. At the same time, it can take the initiative to pull out Daewoo Group's aviation manufacturing industry.
Therefore, the fate of enterprises is closely related to the national destiny. Although the Asian financial crisis has a great impact, it has not caused much loss to Daewoo Group. I thought I could survive the crisis and seize the opportunity to surpass the European and American industrial giants.
But forget the whole South Korea because of this crisis, people have to pawn gold and silver jewelry for national life.
Without the protection of the state, the strong Daewoo Group is a big fat pig without resistance. As long as it has some ability, it can cut a piece of fat on it with a knife.
Of course, Daewoo Group has some bad luck. It meets three people who don't talk about martial arts, namely, take-off, Airbus and Boeing. The latter two are crazy in the capital market, cutting the leek of Daewoo over and over again. As for take-off group, it doesn't have such good financial skills, so it just stares at the leek root and directly puts Daewoo Group's high hopes on aviation manufacturing hard core equipment Take it with you.
The value is very high, but it is not the living money that can flow. Therefore, the book assets of Tengfei group have expanded, but the progress of the capital chain has not been alleviated. After all, which is the killer plan of Tengfei group, the high-end materials of the next generation combat aircraft, the new generation of regional passenger aircraft and the medium thrust vector engine derived from the third generation core aircraft It's not a gold goblin.
In particular, the vector engine project, as the most core power plant of the next generation of combat aircraft, is a technical verification trial model. Its success or failure is related to whether the next generation of domestic combat aircraft can be born smoothly, and whether the design goals set by the headquarters can be achieved.
It can be said that it is one of the most critical fields of various subsystems of the next generation combat aircraft.
Since the key, it means that the burning rate of funds is very fast.
Before the Asian financial crisis, it was good. The headquarters and Tengfei group started seven or three times. Although the technology is difficult, the vector engine is still making a lot of progress under the crazy investment.
However, as the Asian financial crisis came, the overall export fell, the foreign exchange surplus sharply decreased, and the national finance was surprised, so the funds in the hands of the headquarters were somewhat stretched.That's all. The headquarters is biting its teeth and can still make up for it. The key is that at the beginning of this year, the higher authorities asked the troops to withdraw from commercial activities as a whole.
Even though the state will start to increase military spending next year, and draw up scientific research budgets to support the research and development of vector engines and other major projects, the problem is that it will have to wait until next year.
What about this year?
In the face of the huge funding gap, the head of the headquarters groans that his hair is almost gray. As a result, Zhuang Jianye takes a "future fighter conceptual model" produced by the aviation model factory of Tengfei group to go out for a stroll and gets back $6.5 billion. Who can sit in the position of head of the headquarters and feel better?
I'm working hard here. For a penny's money, I'm quarreling with the leaders in charge of all parts like the aunts in the vegetable market, so I have to scratch each other's faces. You Zhuang Jianye swindled so much money with a toy model. It's a waste of emotion!
Carrying a 40 meter machete around the capital, it's a normal operation.
Of course, Zhuang Jianye doesn't have time to consider the feelings of the head of the headquarters at this time. What he has to do now is very important. The $6.5 billion ticket money can't be wasted. How to get several local tyrants to pay as soon as possible is the key. After all, today's Tengfei group is short of money.
So he looked at Zarif who looked forward to him, looked at Mahmoud who was very sincere, and finally swept Abdallah who looked calm. He reluctantly looked up to heaven and swallowed: "you are making me commit a crime. Well, who let me Zhuang Jianye be a layman for my friend's sake? I will be punished when I return home!"
Then he opened his briefcase, took out the model plane, and said in an outspoken tone, "this is the ultimate form of jzb-119. We call it real dragon Max!"