He Shirley shook his head and said, "The liquidated damages are as high as 10 million US dollars, and three of them have been built. Beihang has been delaying the payment of the balance, and Shanghai Airlines has not delivered the aircraft."
“We can only pay the balance to take the plane back,” Lin Wei said.
Yao Yuan would not joke with the lives of passengers. He thought for a while and said, "Contact Shanghai Airlines and ask them to change it to an all-cargo flight."
"Why? The loss will be greater this way." Lin Wei asked confused.
Yao Yuan said, "I can't trust McDonnell Douglas aircraft. Hundreds of lives will be lost if an accident occurs. The same goes for the Tu-154s and IL-76s I bought. They are all used as all-cargo aircraft. Our airline can only have three types of passenger aircraft."
, Airbus and Boeing.”
"What about the third type?" He Shirley asked.
Yao Yuan smiled and said, "A large domestic aircraft."
"How long will it take?" Lin Wei sighed.
Yao Yuandao said, "The qualifications to develop aircraft will be approved soon, and we will also contribute some efforts to the development of domestically produced large aircraft. The Chunfeng Academy of Sciences has hired so many naive scientists and a large number of experts in aviation technology. If we don't use them, we will not be able to use them."
What a shame."
"Yeah, I didn't expect that." Lin Wei patted his head and instantly felt that developing an airplane was not as difficult as he thought.
But when he thought about taking over an airline with a very ugly financial situation like Beihang Airlines, Lin Wei became sad again.
Yao Yuan comforted him and said, "Okay, let's just invest more money and earn it back later."
"We are entrepreneurs, not philanthropists." Lin Wei said calmly, "Yes, we have sufficient funds and we have zero debt. Lao Yu has said more than once that many big bosses in Hong Kong are surprised to know that we have zero debt and think we
The business theory is too conservative.”
Shirley He took over and said, "HSBC has called us many times, hoping to provide us with US dollar loans. They are also very surprised by our zero-debt policy. In fact, they think this is not a good thing for the development of the company."
"You have never experienced a period of running out of food and ammunition, so you don't know the importance of zero debt. I still say the same thing, don't borrow money unless it is absolutely necessary." Yao Yuan said.
Lin Wei laughed and said, "It's the same as what you have experienced. Having said that, Ayuan, I think the bank's funds can be used to acquire Beihang University, and our pressure will be less."
"Forget it, since you have decided to help the Structural Reform Commission, don't do it with nothing and let others blame you." Yao Yuan said.
Lin Wei thought for a while and said, "Then we need to use the construction funds of the east coast industrial island."
Yao Yuan asked strangely, "No money?"
Lin Wei said angrily, "There are hundreds of millions, and you can squeeze them out if you squeeze, but the acquisition of Beihang will cost at least a billion. Baojun Automobile Production Base, East Coast Industrial Island, Nusi Refining and Chemical Base,
Buck Oil Pipeline, Sedan Oilfield Exploration and Development, Direction to Lingang Industrial Park..."
"Okay, okay, no need to count." Yao Yuan waved helplessly.
He Shirley smiled and said, "You are a typical person who doesn't know how much food and rice cost. It's not easy for General Manager Lin to maintain this business."
"That's right, you know how to be a hands-off shopkeeper and spend money lavishly. No amount of money is enough for you to build. These are typical projects with large investment and long return period. Don't expect to make profits within three or two years." Lin Wei
explain.
He talked about the current situation of Dongfeng Group, especially Southern Industrial, which has a large business and the funds that were originally sufficient now appear to be insufficient.
It seems a little weak to deal with unplanned matters like being asked to acquire Beihang University.
After thinking about it, Yao Yuan said, "Let me talk to Xia Honghua and ask the Economic Reform Commission to come forward to coordinate, delay the bank debt, and renegotiate the repayment method and time."
"If the bank side is solved, there will be no problem with funds. Beihang is intact and can solve the daily expenditure problem if it continues to operate." Lin Wei said.
He Shirley said, "There may be some illegal and disciplinary problems within Beihang University. Once the accounts are audited, they will definitely be found out. Have you thought about how to deal with it?"
"No need to think about it. Anyone found violating laws and disciplines will be handed over to the relevant departments, and all the money that can be recovered will be recovered." Yao Yuan said without hesitation.
He Shirley is responsible for contacting government departments, and these matters are under her control.
After determining the principle issue, we will implement it according to the plan.
After the third-party accounting team from Hong Kong came in, Ji Deming and others were scared to death. Just looking at the demeanor of these people, it was clear that they were very professional.
Moreover, Lin Wei adopted a method of self-review and hiring a third-party accounting firm to review and conduct due diligence at the same time. This method has never been seen by state-owned enterprises.
The largest conference room in the Beihang headquarters building was vacated, and dozens of people were busy inside at the same time. All kinds of materials were piled up, and the account books alone filled a large desk.
The chief accountant of Beihang University kept stroking the cold sweat with a handkerchief, as if he was sick.
Xia Honghua accompanied Yao Yuanzai and stood at the rostrum watching this scene. He was so surprised that he could not say that he had never seen such a scene.
For people in Southern Industrial, it has become commonplace.
Lin Wei has to check the accounts of various group companies every year. Dozens of people work at the same time. In three to five days, he can check the accounts of the past year clearly.
Yao Yuan said with a smile, "The same is true for several branches of Beihang University. There are at least a dozen people in them, all of whom are very professional in legal affairs and accounting."
After coming back to his senses, Xia Honghua asked in a low voice, "With this investigation, we will definitely find something wrong."
"Absolutely, so it's up to you to deal with the aftermath," Yao Yuan said.
Xia Honghua sighed softly, "That's fine, let's investigate clearly and find out who should be arrested and who should be detained."
"When you see that the chief accountant is missing, hurry up and have him taken care of. The problem won't be a big deal." Yao Yuan said in a low voice.
Xia Honghua nodded and asked, "Is there any problem with Ji Deming?"
"I don't know." How dare Yao Yuan say such a thing.
Xia Honghua sighed again, turned around and walked out. He said something to a few of his men, and they left quickly.
Not long after, the chief accountant was taken away.
A few days later, Ji Deming was taken away at the airport. He bought a ticket to fly to Los Angeles. Later, more than 20 million in stolen money was found from his overseas accounts and home, and he was later sentenced to life imprisonment.
The due diligence review of Southern Industrial's acquisition of Northern Airlines was listed as a model by the Economic Reform Commission. This model was later used in the review of state-owned enterprises, saving countless man-made losses for the country.
Xia Honghua came forward to coordinate, and the bank loan of 700 million was extended, reduced interest rates, etc., and the last obstacle to the acquisition of Beihang was removed.
Yao Yuan invested in the establishment of Blue Sky Holding Group, injected the shares and operating rights of New United Airlines held by Southern Industrial into Blue Sky Holdings, and used Blue Sky Holdings to complete the acquisition of Northern Airlines. Beihang Airlines was changed to New Beihang Airlines Co., Ltd. to prepare for the listing.
The Xinjian Group of the Construction Corps acquired 10% of the shares of New Beihang.
At this point, Yao Yuan has completed his layout in the air transportation industry ahead of schedule. In his plan, these should be things that will enter the 21st century.