Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Volume Five, Chapter 120, Pointing the Maze, Going to Sea

As the water mist above the straight glass cup spreads, it condenses into a piece of water vapor in the glass cup, and the green bamboo leaves hanging in the water, which is very attractive.

In front of Sha Zhengyang, Zhong Guangbiao didn't have much concealment. He wanted to use Sha Zhengyang's mind to find ways to find a way for himself, so he naturally would not be afraid of medical treatment.

"The province has actually seen the current or future difficulties that Changhe Oil may face. In addition, the central government is now proposing a top 500 strategy, so we will combine Changhe Oil with the three major coal industries. We want to use the coal industry with good benefits to help Changhe Oil, which may face difficulties in the next few years."

Zhong Guangbiao sighed, "In fact, from the perspective of simply building a business, this kind of bundling is not suitable. The three major coal industries actually have many problems, such as low labor efficiency, heavy debt, many redundant staff, and some loan accounts for safe investment need to be compensated. However, now that the coal price has been rising all the way, it looks very glorious. But once the coal price drops, I guess it won't be much better than Changhe Oil."

"Secretary Zhong, the coal market will probably be able to return to a year this year. I judged that coal prices will stabilize and downward next year. This wave of prices will cool down, and it may take several years to resume the upward trend." Sha Zhengyang said with great affirmation.

"Ah?!" Zhong Guangbiao was shocked, "No, I have discussed it with Director Gong of the Coal Industry Bureau and old Xiang of Yitai Coal Industry. They believe that as the price of electric coal is relaxed, coal prices will continue to rise sharply in the future, and it may be the best time for the coal market in the next few years."

"Hmph, they only see the relaxation of electricity coal prices, but not the trend of the domestic economic climate of state-owned enterprises." Sha Zhengyang sneered: "The rise brought about by the relaxation of electricity coal prices has been digested in the past two years. In fact, the growth trend brought about by electricity demand is also slowing down, which will inevitably drag down the rise in coal prices. Once the international and domestic economic situation is not good, it will immediately be transmitted to electricity demand and coal prices."

"Do you judge that the domestic economic climate will change?" Zhong Guangbiao suddenly became serious. This is a big problem. Sha Zhengyang's observation and judgment in this aspect have long been proven, so Zhong Guangbiao believes it very much.

"Well, there will be a cold wave that will have some impact on the domestic economy, but it will have a greater impact on Southeast Asian countries around us, as well as countries such as Japan, South Korea and Russia. Our country's foreign trade imports, exports and investment are closely linked to these countries, and will definitely be affected. However, our country's economic size is no longer as good as before, and after experiencing the export advantages brought by the depreciation of the RMB in previous years, it will only fluctuate in a shorter cycle and will not have much impact."

Sha Zhengyang's tone was very certain, and Zhong Guangbiao couldn't help but ponder, "Will the three major coal industries still become a burden to Changhe Energy?"

"No, Secretary Zhong, what I'm talking about is just a shorter cycle. Well, the coal market will only cool down for three or four years. Once you get through this hurdle, as China's economy moves towards heavy chemical industry, coal prices will definitely usher in a considerable golden cycle, at least for more than ten years. Therefore, there will be great benefits for the three major coal industries to live a tight life in a few years."

"But the premise is to survive these years." Zhong Guangbiao shook his head, "If the situation cannot be opened up according to the current situation, I guess it would be good if I can't even break the top 500."

"Secretary Zhong, you are too pessimistic. Since Changhe Energy is a top 500 seed player supported by the province, the size is still here. And as long as the bank supports it, the three major coal industries will survive until the market improves. The key is Changhe Oil, which is the backbone of Changhe Energy. It is more difficult to get rid of the current situation, especially the unsolvable confrontation with CNPC and the increasingly exhausted recoverable resources. Even if the conditions for integration are given, but the upstream resources are gone, how can we survive?"

Sha Zhengyang's question made Zhong Guangbiao nodded while sighing, "If there was no support from the province, this game would not be possible. Moreover, the province also requires that it be bigger and stronger. It is not easy to reach the top 500? What should I use to reach the top 500?"

"The province has a good idea, but it must be based on the actual situation." Sha Zhengyang pondered: "The main trunk of Changhe Energy Group is Changhe Oil, but now there are many problems with Changhe Oil. There are several core problems. First, resources are increasingly exhausted, mining conditions are becoming increasingly bad, and mining costs are increasing; second, labor efficiency is inefficient, redundant staff are numerous, and efficiency is declining; third, although the shortcomings of refining and chemical have been made up, sales are still weak, lacking terminal retail support. Without this, the competitiveness of the enterprise will be greatly restricted."

Zhong Guangbiao couldn't help but give a thumbs up and glanced at Sha Zhengyang, "Zhengyang, I have to say that you are really a genius. You have only been in contact with each other for a few days and have learned a lot, and you can point out the core problems of Changhe Petroleum to the point. If you can come up with a practical solution, you come to Changhe Energy Group as the vice president, and within two years I promise you to go to the deputy department!"

Zhong Guangbiao said this a bit too much, but it also shows that Sha Zhengyang's analysis has really doubled his courage, and this trip tonight is the right one.

As Sha Zhengyang said, Changhe Energy Group is not undesirable. First, the scale is here, and at least the total assets are over 10 billion yuan. With the three major coal industries and refining, the total assets are close to 18 billion yuan, and of course the debt is also heavy. Second, the full support of the provincial party committee and government, which means that the support of financial institutions will not be bad. When it is really needed, this is the most critical support, which is also something other companies do not have.

Especially for non-state-owned enterprises like Dongfanghong Group, even if your annual profits and taxes are high, can you ask Industrial and Commercial Bank of China or Construction Bank to lend you billions of dollars? It is impossible, at least the assets and credit limit of Dongfanghong are not yet at that level.

Because of these confidences, although Zhong Guangbiao was worried, he was also worried about the future development of the company. He really said that the company was going to collapse and could not afford to eat, so Zhong Guangbiao didn't believe it either.

The problem is that Zhong Guangbiao also hopes that Changhe Energy Group can support his development in his career. He hopes to perform better on this stage and allow himself to go higher in the future. That's why he hopes that Sha Zhengyang Energy will give him a more than imagined advice. Even if he knows that this possibility is very small, as long as he gains something, it is enough.

"Secretary Zhong, it is definitely not realistic to ask me to come up with some brilliant ideas at once, but I think I can still consider it according to a few ideas." Sha Zhengyang was not polite either. He knew that this was not the time to be polite. Zhong Guangbiao came to him so eagerly to listen to polite words. "First, resources are exhausted, of course, we should increase our exploration efforts, such as using some new technologies, etc. This is a cliché. I don't need to say more, but I want to mention one thing is to go out."

"Go out?" Zhong Guangbiao was a little confused, "You said you would go out of Hanchuan? But the area designated by Changhe Petroleum is in Hanchuan, and the country does not allow it..."

"No, Secretary Zhong, I'm not saying that I'm going out of Hanchuan. In fact, the domestic crude oil resources are not the turn of Changhe Petroleum. Even the ports in the province cannot compete with CNPC. How can I talk about outside the province?" Sha Zhengyang shook his head, "I'm saying that I'm going abroad and going abroad."

"Foreign?!" Zhong Guangbiao was excited, "Zhengyang, I roughly feel your thinking. What you mean is to gradually transfer Changhe Petroleum's main energy to mining abroad, but we have never had experience. Moreover, as a provincial enterprise, unlike those of CNPC, we are worried..."

"Secretary Zhong, companies are facing a survival crisis, what are you afraid of? Since 1993, China has become a net importer of crude oil, and the number of imports is getting bigger and bigger every year. I believe the central government has seen this layer for a long time. CNPC can go out to sea, why can't CNPC? The Eight Immortals show their magical powers across the sea. Of course, we can also cooperate with CNPC, and we can even cooperate with some foreign companies. If you don't have any experience, then learn. No one is born to know it, let alone now facing a better situation."

Sha Zhengyang's words made Zhong Guangbiao feel energetic again, "What a good situation?"

"Secretary Zhong, your eyes are only focused on the interior of Changhe Energy. If you look around and find some channels to understand, you will find that companies such as CNPC have actually begun to expand outward. I wonder if you have noticed that after the collapse of the Soviet Union, the Russian oil industry has been in chaos. They are now making restoration adjustments, and at the same time have changed the original production model. In order to obtain capital to resume production, they have successively sold some small and medium-sized oil companies, many of which have a large amount of oil and gas resources, which has also aroused the interest of some European and American oil companies... "

Sha Zhengyang's words surprised Zhong Guangbiao. He didn't expect that Sha Zhengyang's gaze had already been so far away. How long has it been?

"Secretary Zhong, don't look at me like this. You know that I have some relationship with the Lei family in Hong Kong. A child of the Lei family works in the British BP. Last time, he talked about BP's pursuit of entering the Russian oil field, so I also asked him to help me collect some public information. When he talked to me about the strategic development direction of BP, an important area was Russia and the former Soviet republics, such as Kazakhstan and Azerbaijan."

Sha Zhengyang's words are half true and half false.

Thunder did have a cousin who joined BP and also mentioned that BP intends to expand its business to the former Soviet Union, but the rest is Sha Zhengyang himself added fuel to the fire.
Chapter completed!
Prev Index    Favorite Next