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Chapter 1005 True Dragon MAX

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    The reason why the head of the headquarters is so irritable is because the $6.5 billion in research and development costs will make the old man go crazy with greed.

    There is nothing we can do about it. Although the impact of last year's Asian financial crisis on the country was not as great as that of Southeast Asian countries, it did a huge blow to the exports that the country relies on for survival.

    Take the semiconductor manufacturing plant of Zhuang Jianye and Luan Heping as an example. In 1996, exports increased by 16.7%, but by 1997, they fell by 36.9%.

    Ning Xiaodong's Qiongzhou Airlines was cut in half; however, this was not the business that Ning Xiaodong lost the most. His two import and export companies and an investment company on Hong Kong Island suffered a devastating blow and closed down.  .

    " After working hard for more than ten years, returning to the pre-liberation period is a true portrayal of the two of them. In desperation, the two could only raise money from everywhere and stabilize the basics first.

    In the early years, the Tengfei Group, which was lost in Zhuang Jianye, entered the China Merchants Bank in the early years. With financial support, it can also provide credit credit to the two and provide loans to alleviate funding tensions.

    However, although Ascendas Group did not suffer as big a loss as Luan Heping and Ning Xiaodong's companies, the aftermath of the Asian financial crisis will inevitably have an impact on Ascendas Group.

    The biggest one is that airlines have suffered a major blow, causing airlines that originally booked and leased trj-500erj-140 series regional passenger aircraft to cancel their subscriptions and terminate their contracts, thereby reducing the overall operating costs of the airlines.

    This alone caused Ascendas Group¡¯s annual losses to be as high as RMB 3.8 billion in 1997.

    Coupled with the severe hit to the export of medical products and the weakness in other processing and manufacturing businesses, the annual loss in 1997 ultimately exceeded RMB 8 billion, reaching RMB 8.42 billion.

    This is because Zhuang Jianye had the foresight to avoid the losses suffered in the muddy waters in Southeast Asia. Otherwise, just being deeply involved in the subsequent development of the Royal Thai Aviation Industry Group may lose all the money of Ascendas Group.

    Fortunately, in mid-1996, Ascendas Group transferred the remaining shares of Royal Thai Aviation Industries Group to Honda of Japan, giving this Japanese automaker with the dream of building an airplane finally a chance to touch the sky above the car.

    The excitement was palpable. Not only did it pay the acquisition fee of US$3.2 billion to Ascendas Group, but within six months, it spent another US$6.6 billion to acquire 55% of the Royal Thai Aviation Industry Group.

    Just when Honda was ambitiously preparing to rely on the Thai aviation manufacturing company to realize its ultimate dream of taking the car to the sky, the financial giant's huge mouthful of money directly bit off the backbone of Thailand, and then swept across Southeast Asia.

    Honda¡¯s nearly US$10 billion Royal Thai Aviation Industries Group¡¯s market value six months ago evaporated by 85% in an instant, leaving less than US$1.5 billion.

    ¡°Subsequently, the Royal Thai Aviation Industry Group announced bankruptcy and reorganization, and Honda¡¯s last hope was shattered in an instant. The ultimate dream of a car taking to the sky is still the unreachable ultimate.

    Thanks to Honda's US$3.2 billion equity transfer fee and Zhuang Jianye's intentional or unintentional cash reserves in recent years, Ascendas Group was able to withstand risks while facing huge losses, and at the same time, it could take the initiative to take advantage of those close to it.  The Daewoo Group's aviation manufacturing industry was uprooted.

    Therefore, the fate of enterprises is closely related to the destiny of the country. Although the Asian financial crisis has a great impact, it has not caused much damage to Daewoo Group. It thought that it could survive this crisis alone and seize the opportunity to achieve a counterattack that surpasses European and American industrial giants.  .

    But they have forgotten the extent to which people in South Korea have pawned their gold and silver jewelry to save the country¡¯s life because of this crisis.

    Without the protection of the state, the strong Daewoo Group is just a big fat pig without resistance. Anyone with some ability can cut off a piece of fat from it with a knife.

    Of course, Daewoo Group is a bit unlucky. It encountered Ascendas, Airbus and Boeing, three people who have no moral ethics. The latter two went crazy in the capital market and cut Daewoo's leeks over and over again. As for Ascendas Group  , did not have such good financial skills, so he simply stared at the leeks and took away the hard-core aviation manufacturing equipment that Daewoo Group had high hopes for.

    The value is high, but it is not liquid money. Therefore, Ascendas Group¡¯s book assets have expanded, but the progress of the capital chain has not slowed down. After all, Ascendas Group has killer plans and high-end materials for next-generation combat aircraft.  , a new generation of regional airliners and a medium-thrust vector engine derived from the third-generation core aircraft, which one is not a gold-swallowing behemoth.

    Especially the vector engine project, as a technology verification trial model of the core power device of the next generation combat aircraft, its success or failure is related to whether the next generation of domestic fighters can be successfully born and whether it can achieve the design goals set by the headquarters.

    It can be said that it is the most critical component of various subsystems of next-generation combat aircraft.One of the fields.

    Since it is critical, it means that funds are burned very quickly.

    It was fine before the Asian financial crisis. The headquarters and Ascendas Group were operating at 7-3. Although the technology was difficult, with crazy investment, the vector engine was still making a lot of progress.

    However, once the Asian financial crisis hit, overall exports declined, foreign exchange surpluses dropped sharply, the national finances were shocked, and the funds in the hands of the headquarters were somewhat stretched.

    "That's all. The headquarters gritted its teeth and demolished the east wall to make up for the west wall. The key is that at the beginning of this year, the superiors asked the entire army to withdraw from commercial activities.

    There is no need for a curse at the headquarters now. Although the country will increase military expenditures starting next year and prepare a scientific research budget to support the research and development of major projects such as vector engines, the problem is that it will have to wait until next year.

    What to do this year?

    Faced with a huge funding gap, the head of the headquarters sighed and his hair almost turned gray with worry. As a result, Zhuang Jianye went out for a walk with a "future fighter concept model" produced by the Ascendas Group Aviation Model Factory and got back 6.5 billion US dollars.  How can anyone feel better sitting in the position of head of the headquarters?

    I work hard here, and for a penny of funding, I quarrel with the supervisors of various departments like aunties at the vegetable market, and we are just scratching each other's faces. You Zhuang Jianye just used a toy model to cheat so much money, how dare you  It¡¯s all a waste of emotions!

    Carrying a 40-meter machete and chasing people around the capital is simply a normal operation.

    Of course, at this time, Zhuang Jianye had no time to consider the feelings of the head of the headquarters. What he had to do now was very important. The US$6.5 billion in ticket money could not be wasted. How to get a few wealthy people to pay the money as soon as possible?  is the key, after all, today's Ascendas Group is short of money and is about to eat rubbish.

    So he looked at Zarif who looked expectant, then looked at Mahmoud who was very sincere, and finally glanced at Abdullah who looked calm, and looked up helplessly and swallowed: "You are making me commit a crime.  Yeah, it doesn¡¯t matter, I, Zhuang Jianye, am just a layman who is trying to do things for my friends. If I get punished when I return to my country, I will be punished!"

    With that said, he opened his briefcase, took out the aircraft model, and said in a brave tone: "This is the ultimate form of jzb-119, we named it True Dragon Max!"

    If you like Soar My Aviation Age, please collect it: Soar My Aviation Age is updated the fastest.  (Remember the website address: www.hlnovel.com
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