bonanza

Chapter 518 Please Loan
James Whistler took out a detailed map of Midland City, ready to mark where new wells were drilled and where the oil belts were.

This was originally what Yang Dongsheng was planning to do on-site inspections and work on-site.

Yang Dongsheng called up the [-]D map.

Midland City is located in the west of Texas. There are really huge oil and gas resources under the crude oil fields here, but the oil and gas here are very different from the oil belts found in Oil City.

The waxy and sulfur content of crude oil in Oil City is high, and the quality of crude oil here is much better.

More importantly, although the distribution of crude oil in the oil city is also very scattered, it can be seen that there are obvious boundaries.

It is very clear where is an oil layer and where is not an oil layer.

The crude oil here is very evenly distributed in the rock formations, which is a large continuous oil-bearing formation.

But it is certain that this is really a large oil field. Although the average oil content is relatively small, due to the very large volume of the oil-bearing layer, the reserves are very amazing. The total reserves of oil and natural gas may be more than [-] billion tons.

This kind of occurrence condition is definitely more difficult to extract than ordinary crude oil, and the cost is higher, but for Yang Dongsheng, he only needs more salt rock.

Yang Dongsheng was about to adjust the salt, and suddenly found that there was another oil field not far away, but they only occupied a small part of this oil layer, and the complete structure could not be seen.

After Yang Dongsheng asked, he found out that they had acquired several oil companies, one of which was in the northwest of Midland City, and there was also an oil field in the Delaware Basin of New Mexico.

The area on the border between Texas and New Mexico is one of the most important oil-producing areas in the United States. There are three larger basins in structure, namely the Midland Basin, the Delaware Basin, and the Marfa Basin.

Yang Dongsheng immediately gave up his plan to adjust the salinity immediately, and he wanted to take down all three basins and then adjust.

In Outer Mongolia, Yang Dongsheng is going to go fishing hard this time. European and American economies have been de-industrialized for many years. Although there are still many large mining companies, the demand for other minerals is gradually increasing except for oil and natural gas. reduce.

Later generations of Outer Mongolia wanted to rely on Europe and the United States to develop small smart machines. Facing such a big market as China, they insisted on finding European and American companies to cooperate in mining, but they were hit hard.

This time the economic crisis has hit East Asia and Southeast Asia very hard, and the impact will not go away so easily.

Moreover, Yang Dongsheng remembered that after the economic crisis, BHP merged with Billyton and became the more familiar BHP Billiton.

After the merger, they had to straighten out the company's internal affairs. They didn't have time to return to Outer Mongolia in three to five years.

Yang Dongsheng wanted to use this period of time to take advantage of this group of idiots who like to talk back and forth, and ruthlessly kill their necks with blood.

Yang Dongsheng also asked James Whistler and George Wilson to pretend to compete with the Hong Kong local consortium for the old cucumber industry.

After arranging these, Yang Dongsheng returned to Shanghai from Hong Kong.

When I got home, as soon as I opened the door, I saw a baby walking tremblingly, waving his hands and rushing towards me happily.

Yang Dongsheng immediately felt warm in his heart, the daughter is his father's little cotton padded jacket, this is really true.

Yang Dongsheng squatted down and stretched out his hand to the little baby, "Daughter, do you miss Dad?"

Unexpectedly, when he was two or three meters away from him, the little baby squatted down, grabbed a big orange cat, rubbed his face against the cat, and grinned with excitement, "Hahaha……"

He ignored Yang Dongsheng's father.

The big orange cat struggled desperately, but Yang Yue's hand was very strong, and he didn't let go of the big orange regardless, and even opened his mouth to bite the cat's ear.

"Be careful!" Yang Dongsheng hurriedly stopped him.

The cat is in a hurry, but no matter who you are, it bites like crazy.

"Why are you catching cats again!" Zhou Ying chased after her daughter, she helped her daughter up, and said while patting the dirt on her body, "My little ancestor, what if I scratch your face? !"

Seeing that the cat was taken away, Yang Yue opened her mouth and quarreled with her mother with vague words, "Wow..."

"Wow, wow, I don't know what to say all day! Your brother is a monkey, and he is not as difficult as you!"

"Wow wow..."

Director Li knew that Yang Dongsheng was back, so he rushed over to report to Yang Dongsheng!

There were a lot of jobs a year ago, but this year the company has many more mines and more women's football teams in Shanghai.

There are even more New Year's goods that need to be prepared.

Also call on the heads of various departments.

Turning to one of the pages, Yang Dongsheng was taken aback suddenly, "Are we going to borrow from so many banks?"

Yang Dongsheng has always formulated a very conservative financial policy.

Domestic banks are not market-oriented enough, and they like to copy Wall Street's set of things to use, and the result is nondescript.

If an enterprise wants to rely on bank loans to save its life, it will end in a dead end.

In addition, the profit of the mine is very good, and it has never borrowed money from the bank on a large scale.

Why did you suddenly have to borrow so much money?And Yang Dongsheng didn't know yet!
"It's not that we want to get a loan, but the bank wants us to get a loan!" Director Li said.

"Is there such a thing?"

It stands to reason that banks should lend money to people and companies in need.

But the reality is that most of our banks are state-owned. To put it bluntly, the leaders of the banks are all engaged in administration.

Of course, banks need profits, but what they need more is security. It is easy to take the money out, and the principal and interest can be recovered.

Therefore, the preferred targets for bank lending are those large companies that are not easy to fail, have sufficient funds, and can afford to pay back—in short, companies that do not need loans.

As for the companies and individuals who really need loans, they are struggling to operate, and they may not even be able to get back the principal if they are loaned to them. Instead, they are not their lending targets.

In his previous life, the coal industry group that Yang Dongsheng belonged to had the best profit, and when he was least short of money, the bank wanted to lend them money.

The company did not dare to offend these gods of wealth, so it had to borrow a lot of unnecessary money.

With so much money in hand, you can't let it just pay for interest. After discussing and discussing, it is finally found that the safest way out is to engage in real estate.

So we can often see that many large state-owned enterprises that had nothing to do with real estate have gone to engage in real estate, and they often acquire land at a high price that is much higher than the normal price, just like a psychopath.

This is because they were not prepared to engage in real estate at all.

Later, the coal market was bad, and when their company needed a loan, the bank refused to lend.

At this time, the general environment is not good, and it is not easy to find suitable lenders. It is not surprising that the companies under Yang Dongsheng have entered the bank's vision.

(End of this chapter)