Reborn 80s

Behind the success of the 60,000-ton die forging press, in addition to the efforts of R&D personnel, there is also a large amount of financial support.

In order to solve the funding problem, Erzhong also carried out joint-stock reform and introduced Mota Holdings as a shareholder.

Therefore, Motta Holdings has considerable influence in Erzhong. In terms of management, finance and personnel positions, Motta Holdings has sent many people over.

Erzhong is naturally a state-owned enterprise, so some things should be changed, and they still need to be changed.

If you want to change, people are the most important.

The personnel aspect must be grasped.

Over the past few years, Motta Holdings has been continuously expanding its industrial chain, mainly developing in three areas: aviation manufacturing, automobile manufacturing and semiconductors.

As for the financial companies under Mota Holdings, they are all sideline developments.

Murtagh Holdings has a subsidiary, Murtagh Financial Group. Murtagh Financial Group has three major companies, Murtagh Securities, Murtagh Insurance, and Murtagh Trust. As for banks, Murtagh Financial does not have any.

Most of the funds are transferred through Qianlu Bank and Conian Bank.

Nowadays, many domestic banks have problems.

In other words, Qianlu Bank and Conian Bank have a set of risk review methods for loans.

Other banks actually lend money to companies to pay wages...

It's a bit outrageous.

Of course, things that seemed outrageous to later generations seem extremely normal now.

"After our die forging press entered the production stage, McDonnell Douglas approached us and hoped that we would OEM some parts for McDonnell Douglas passenger aircraft."

In the United States, there are only two 45,000-ton die forging presses. It is these two machines that support the development of the American aviation industry.

However, with the continuous development of technology, it is obvious that this is no longer enough.

After the disintegration of the former alliance, the United States gave some parts and components forging orders to Northern Russia.

Northern Russia has the world's largest 75,000-ton die forging press, and the 65,000-ton die forging press in Gaul was produced by the former alliance.

It was also thanks to this die forging press that Airbus came into being.

Otherwise, Airbus would be absolutely difficult to produce and would not be built at all.

The die forging press is a key node equipment in the aircraft manufacturing industry. Without it, aircraft would not be produced.

Neon also wanted to develop a large aircraft, but ended up declaring failure. If you look for the reason, it is that Neon did not have a lot of heavy industrial equipment.

If not, then you have to rely on external sources.

It is obvious that the aviation market is large, but also small.

Moreover, the entire aviation market is a highly monopolized market, and large companies have a considerable say.

Neon would like to find a partner, but they won't cooperate with Neon.

And why can China continue to advance in the development of large aircraft?

It is because of this foundation that we can develop.

Chen Huaiqing: "This is a good thing!"

McDonnell Douglas' development in the field of passenger aircraft is not very good, but it is a very strong presence in the field of military aircraft and has produced many classic military aircraft.

However, passenger aircraft need to adapt to the market more and understand what the civilian market actually needs.

McDonnell Douglas' response to this point was actually somewhat delayed, which is understandable and not surprising.

McDonnell Douglas is in Shanghai and cooperates with Shanghai Aircraft Manufacturing Factory, which produces MD82/83 and mainline aircraft MD90-30.

For China, which is extremely lacking in technology in the field of civil aviation, technical cooperation with a mature aviation company is undoubtedly the best choice.

McDonnell Douglas chose to produce civil aviation aircraft in China because it could reduce production costs.

In the civil aviation business, McDonnell Douglas is not as good as Boeing. The gap is really not small.

Chen Huaiqing knew that McDonnell Douglas would soon be merged by Boeing.

Although it was said to be merged by Boeing, there is a very interesting thing about the composition of Boeing's senior executives.

There are a total of 18 senior executives, 7 of whom are former McDonnell Douglas executives, 10 professional managers, and one former Boeing executive.

Because of this acquisition, Boeing was divided into the pre-Boeing era and the post-Boeing era.

In the pre-Boeing era, Boeing was an association of engineers whose mission was to build amazing aircraft. The atmosphere throughout the company was to prioritize design and quality. As for the market, that was a matter later.

In the post-Boeing era, the priority is stock price!

How can the stock price rise? Of course, it must have higher revenue and higher profits.

Most listed companies have this problem and attach great importance to revenue and profits.

For the sake of revenue and profits, a lot of short-sighted behavior will be done.

For example, you need to conduct research and development.

Research and development costs a lot of money. If you invest too much in research and development, the profit report will definitely not look good.

Therefore, we began to cut off some R&D projects that did not seem to be of much use.

The next step is to develop and continue to cut R&D funding.

In the end, just maintain a seemingly necessary R&D investment.

In the following time, Boeing maintained its annual revenue growth and its profits increased.

Everything looks very beautiful.

Until 2014, Airbus successfully launched the A320NEO model, which was very popular with airlines due to its outstanding fuel-saving performance.

For a long time in the past, Boeing has been busy making money and neglected research and development. Faced with the A320NEO model, it has no rival at all.

At this time, Boeing was naturally anxious.

The 737MAX was launched in a hurry.

As a result, the 737MAX has been banned from flying by many countries around the world due to frequent accidents.

The "grandfather" in the field of civil aviation in the 20th century has experienced such a result, which has to be lamented.

Chen Huaiqing doesn’t care what Boeing will be like in the future!

At this time, McDonnell Douglas could no longer hold on and was about to go bankrupt.

Obviously, there are not many companies in the world that can acquire McDonnell Douglas.

And it is very obvious that Airbus must be extremely interested.

If Airbus acquires McDonnell Douglas, it will undoubtedly be a catastrophic thing for Boeing.

Therefore, Boeing must acquire McDonnell Douglas.

Although Boeing acquired McDonnell Douglas this time, in essence, the bankrupt McDonnell Douglas took over Boeing.

You can tell just by looking at the senior management team.

If this is the case, now that we have established cooperation with McDonnell Douglas, this cooperation will probably continue in the next new Boeing.

Deeply participating in Boeing's global industrial chain in the future and becoming an important link in this industrial chain will be extremely helpful in improving China's aviation industry.

Of course, for the new Boeing, incorporating China's aviation industry into its own parts supply system, or even producing directly in China, will greatly reduce the production cost of the aircraft.

The production cost has been reduced, but the selling price of the aircraft has remained the same, so naturally higher profits can be obtained.

As a listed company, good-looking financial reports are better than anything else.