"Affected by previous smuggling cases, Pier 1 was blocked, and five other cargo ships including Dasang were unable to leave the port in time, including the backlog of cargo and subsequent order voyages, will be seriously affected, and the losses are expected to reach tens of millions of yuan..."

"Due to overload operation, the hulls of the Trafalga and the forty-six oil tankers have severely eroded and need to be returned to the factory for maintenance immediately. The remaining 82 cargo ships have exceeded the routine maintenance period and require regular maintenance. It is expected to cost 320 million yuan..."

"More than a dozen financial and rating agencies such as Gangcheng Bank and Fenghui Bank have lowered the credit rating of Huanyu Group, which will seriously affect the progress of the renovation project of Pier Six and the terminal warehouse..."

"Influenced by public opinion, a total of 37 people, including the deputy director of the marketing department and the deputy director of human resources, submitted resignation reports..."

Su Aiweng introduced the current situation of the Universal Group one by one. Not only Zhou Ming, Yu Shengrong and Huang Rong, but also Hong Kong City tycoons such as Li Cheng frowned.

Although when everyone took over Huanyu Group, they expected that the current situation of Huanyu Group was not optimistic, but they did not expect that it had reached this point. Some people already regretted why they wanted to copy the Huanyu Group's bottom. They thought they had gained a bargain, but they did not expect it to be a hot potato.

In fact, if you think about it, you can know that if the situation of Huanyu Group is still good and is just a stock market disaster, the original shareholders would not have been eager to cash out.

The most direct thing is the impact of the smuggling case. Although this matter was planned by everyone here, now it has to face: the order liquidated damages arising from the ban on the dock that ships cannot go to sea on time, the loans caused by the reduction of credit ratings reduced fund chain breaks, and the panic among the group's employees, etc., are all very shocking.

There is also Zheng Jiancheng, who is eager to achieve success. In order to make the financial statements look good, he cut off the cost of routine maintenance of large ships every year. As a result, a large number of ships were seriously damaged, and more than half of them needed to be returned to the factory for maintenance and could not be used. The Trafalga, the most severely damaged, may even face the risk of scrapping. As a shipping company, more than half of the ships were missing at once, and the impact was unquestionable.

And more importantly, these are just data that can be seen on the surface. If you dig deeper, it is not difficult to think that these order defaults will not only bring about financial losses, but also credit losses; there is also the possible breakdown of the capital chain caused by lower credit ratings, which will directly force the company to go bankrupt.

"Wow! This is too difficult, Su Aiweng, you a foreigner, didn't you mean it?" someone shouted out loud.

Su Aiweng smiled bitterly at this. He wanted to deliberately do so, at least he had a clear mind, not like he is now.

"Why is the situation so serious? More than half of the ship was broken at once, so what a terrible shipping is? Just continue running the boat that can run, and you can earn some money."

Someone made this proposal, but the proposal immediately aroused opposition: "This is definitely not possible. If you don't do shipping, you don't understand. The loss of a ship drifting on the sea is very large. Even in Southeast Asia, it usually takes ten days and half a month. If you go to Europe, it will be one or two months. You must ensure that the ship is within a safe range. Otherwise, if something happens at sea, the loss will not only be the liquidated damages for the goods, but also the company's reputation."

"Then let's just go bankrupt! Those freighters and oil tankers are given to Port City Shipping Group, docks are given to real estate, as well as real estate companies and investment funds. Can everyone share some things!"

Some people are also very impatient, but this is even worse: "How can this work? Huanyu Group is a large group with assets of tens of billions of yuan. How can such a company go bankrupt at will? This will cause great trouble to the entire Hong Kong city!"

Today, the capital tycoons of Hong Kong City are all qualified to sit here. They have a say in the situation of Huanyu Group and the entire Hong Kong City. They all know that Huanyu Group must not be able to do it first, because Huanyu Group is too large, like an iceberg, suddenly collapses, and the people at the foot of the mountain will inevitably be affected. But if Huanyu Group does not go bankrupt, it will be really difficult to deal with this now.

"The best way now is to inject enough funds into Huanyu Group and survive this period of time first." Someone suggested.

This proposal was opposed by more people!

Just kidding, we are buying shares of Huanyu Group to make money. Now that we have not received a dime interest, we have to pay first. So it would be better to let Huanyu Group go bankrupt!

These people said that their parents were right and said that their mother was right. After a long time, no one could make a fight. In the end, they had to turn their attention to the two largest wealthy families in Hong Kong City: "Mr. Li Cheng, Mr. Tong Zeying, I wonder what you two think about the matter of Huanyu Group?"

After all, Li Cheng and Tong Zeying are now the largest shareholders of Huanyu Group, so when everyone is arguing, they are very accustomed to waiting for them to make their decisions. Just as they waited for Zheng Haolong and Tong Gang to make their decisions a few years ago, they are now vaguely in taking over as the Hong Kong City business community.

But when these wealthy families in the Hong Kong city turned their attention to Li Cheng and Tong Zeying, they found that the two people were looking at the other side.

"Zhou Ming, what should I do if the situation in Huanyu Group is like this?" Li Cheng asked.

After hearing Li Cheng's question, Su Aiweng was about to jump up on the spot. He widened his eyes and felt that he was surrounded by frightened today. He could not imagine that Li Cheng and Tong Zeying, the two Hong Kong City speakers, actually asked others about the issue of Huanyu Group?

Facing Li Cheng's inquiry, Zhou Ming did not answer directly, but asked him in turn: "I think Brother Cheng, you should have thought about it long ago, right?"

The others didn't have time to think about what Li Cheng asked Zhou Ming about just now, and they all asked Li Cheng what his ideas were and said it out.

Li Cheng nodded to Zhou Ming, and then replied: "My solution is very simple. There is no need to make Huanyu Group bankrupt, nor does it need to continue to invest to let Huanyu Group hold on."

As soon as Li Chengcai spoke, he aroused everyone's interest, because everyone was still pointing at Huanyu Group to make money. If it were not forbidden, who would have been willing to let Huanyu Group, the world's No. 1 shipping group, go bankrupt? Kill the chicken to get eggs and flow for a long time. Of course, they chose the latter, let alone Huanyu Group is not yet flow for a long time, but it has raised a waterfall that is the richest Chinese!

In fact, Li Cheng’s method is not complicated, it is to dismantle the current Huanyu Group.

When Li Chengcai told this approach, it immediately aroused opposition from Su Aiweng and others. They thought that this was to ask Huanyu Group to go bankrupt and share assets?

Li Cheng shook his head and told them that this is different. First of all, Huanyu Group is now in addition to shipping.

In addition, terminal warehousing, real estate and financial insurance, and even plastic flowers and socks are produced.

Such vertical development will appear very diversified when the group is strong, making the company more competitive and expanding more profit points; but the same disadvantage is also very obvious, that is, once the group begins to show a downward trend, these so-called "diversified operations" will make the entire group appear too bloated and will drag down the financial situation of the group.

Therefore, if you want to get rid of the current situation, the first thing you need to do is to separate these irrelevant industries and form independent enterprises. On the one hand, you can get rid of the heavy financial burden, and on the other hand, you can also prevent these enterprises from being constrained by the parent company.

Li Cheng's idea was unanimously agreed by other wealthy families in the port city, but was strongly opposed by Su Aiweng.

He glared at Li Cheng: "Sir, I have reason to suspect that you are deliberately destroying the Universal Group!"

Because in his opinion, once the Universal Group is split, the shipping industry that loses the support of other subsidiaries will have a sharp drop in status even if it does not go bankrupt in an instant. So Li Cheng did this clearly in the hope of destroying Universal Group so that his Changhe Industrial can be ranked first in SIPG.

Li Cheng told him not to look at the problem with his narrow personal perspective: "Mr. Su Aiweng, think about it carefully. When Huanyu Group was just established forty years ago, did he have these industries?"

Everyone knows that when the Universal Group was established forty years ago, Zheng Haolong actually had only one old ship that had been used for more than 30 years, but Zheng Haolong became the world ship king step by step with such an old ship.

"In fact, the foundation of the Universal Group is very excellent. Although due to some improper policies before, more than half of the ships cannot be used, Universal Group's connections are still there. Whether in Southeast Asia, Australia, the United States, and Europa, there are many customers who trust the Universal Group's brand and are willing to cooperate with Universal Group."

Li Cheng told Su Aiweng: "Then now I think it's time for Huanyu Group to get rid of those burdens and do shipping wholeheartedly. I believe Huanyu Group can rise again."

Li Cheng also said: "Even other companies that have been split may not be abandoned, because with the financial support of Huanyu Group in the past, these companies actually have a good foundation. It is just that because they have been restricted from their development in Huanyu Group, they are still a shipping company."

Li Cheng said very reasonably. As the saying goes, there is a specialty in business, and the same is true for business. Moreover, the energy and resources of people and enterprises are very limited. If the basic structure of the enterprise remains unchanged, the resources invested in other aspects will be reduced. If a large-scale investment in other industries, the basic structure will be affected. This is a paradox that cannot be solved.

In the past, it didn’t matter if the Universal Group was strong, but now the market value of Universal Group has shrunk by half. So why don’t you go into battle lightly?

Li Cheng also told Su Aiweng that the split of Huanyu Group is not a direct separation, but is considered to be a controlling shareholder for the major shareholders, so as to recover funds to help Huanyu Group overcome difficulties.

"If you want to give up anything, you will get nothing in the end!" Li Cheng said.

Su Aiweng finally sighed heavily: "I understand, I... agree with Mr. Li Cheng's proposal."
Chapter completed!