336 Sanchen Ranch
If it is a nouveau riche boss who generally has no knowledge, maybe he really can't stand their foolishness, but this Mr. Xiao in front of him is a shrewd person, not to mention that he is not bad for money!
Why do you want you to give you financing if your current business is running well? Besides, even if you have poor money, you should come to the bank first!
How old are you VC players? It's just a bunch of carrion-eating vultures, and when they see the benefits, it's like they're coming to take advantage.
"By the way, Mr. Xiao, I have a few projects in my hand recently, I have evaluated them myself, and they are not bad, are you interested?"
President Feng suddenly remembered the business of looking for Xiao Feng this time, and hurriedly asked Xiao Feng to arrive, and Xiao Feng was also stunned.
"Oh, what do you want to hear?"
"That's the case, you know Sanchen Dairy, right?"
"How can I not know? This is an old milk company in our city, and I have been drinking their milk since I was a child! What's wrong, something happened to their family?"
Sanchen Milk is a well-known veteran dairy enterprise in Bincheng area and even in the province, and has always been famous for making fresh milk, and has been widely welcomed by the public for its high quality and low price for decades, and has a good reputation among the citizens of Bincheng City.
Xiao Feng is a loyal customer of this company, and now his family drinks fresh milk from their factory.
"Haven't you heard? Something is really wrong with their family. ”
"Oh, I was abroad some time ago, and I really don't know what is going on, you can tell me about it. ”
"Hey, isn't it just that their stock was sniped? It's a big deal, and now their capital chain is a little tight. ”
President Feng gave Xiao Feng a general introduction to the situation, this Sanchen milk is also unlucky, this time it is not that there is a problem with the quality of the product, but that the steps are too big and the eggs are buried, and the loopholes are also caught and sniped in the stock market.
Xiao Feng was really interested in this project when he talked to President Feng, he had dealt with this old Feng a few times, and he felt that he was quite reliable.
"Hey, in fact, this is the case, two years ago, when Sanchen Milk wanted to build a new ranch in Suzhou Province and buy milk in Suzhou Province, he borrowed a lot of money from banks and many financial institutions. Of course, the project must also be involved in some real estate edges, in the past two years, the general environment is not good, the real estate industry is also shrinking, and their capital chain is relatively tight. ”
President Feng introduced Xiao Feng to Xiao Feng, they and Sanchen Milk are also long-term cooperative customers, and the matter of Sanchen Milk can be regarded as a clear door.
As a result, this matter was known to a domestic investment fund in the United States that specializes in shorting domestic investments, which is the muddy water company. Then they began to investigate Sanchen Milk, and as a result, they found out that Sanchen Milk had financial problems. ”
When Xiao Feng heard this, he was shocked, could it be that this Sanchen milk did something in the milk, adding melamine and something like that, if that's the case, he would have to scold his mother, after all, he is an old customer of Sanchen milk, and he is still drinking Sanchen milk.
"Hey, don't be afraid, it's not that there is any problem with the quality of Sanchen milk, our family still drinks Sanchen milk, but they have problems with feed procurement. ”
President Feng is a human spirit, and when he saw Xiao Feng's face change, he hurriedly explained to him with a smile.
"So what went wrong with procurement?"
"Hey, it's feed, you also know that we lack high-quality pastures in China, mainly because the land in China has been cultivated and developed for thousands of years, and the nutrients are insufficient. It does not grow high-quality alfalfa, and high-quality alfalfa is now the most sought-after high-grade feed for all pastures. ”
President Feng said this, Xiao Feng agreed very much, he used to do foreign trade food import and export, and he also deliberately understood how the imported milk and beef from abroad are better than the domestic milk and beef.
As a result, a colleague of his who had studied nutrition puzzled him, in fact, it was good in feed, cattle, horses and sheep, such large livestock, if you want to grow tall and strong, the key is to eat more forage with high protein content, and the world is known to be suitable for this kind of livestock to eat, the best high-protein feed is alfalfa.
Just like people, if people want to grow tall and strong, they need to eat more foods with high protein content, such as all kinds of meat, eggs, milk, and livestock, but because they are plant-fed properties, they have to eat more high-protein plants, and alfalfa is this crop.
However, due to the lack of land nutrients in the northern pastoral areas of China, coupled with the blind mining of various industrial projects for many years, the natural environment has been destroyed, resulting in large-scale land degradation and desertification in the northern pastoral areas.
Even more so, high-quality alfalfa cannot be grown, and the few good pastures with high quality are all in the border and Mongolian provinces, and they are also occupied by the two domestic dairy giants.
“。。。 So, this Sanchen Dairy Company also has a few good pastures in our province, but the alfalfa produced is not enough for their own use, so they imported some alfalfa from the United States... ”
President Feng told the story, and Xiao Feng almost understood.
"Could it be that the problem lies in these alfalfa? But I don't produce enough of them, and it's no problem to import them from the United States?"
"It's fine, and the quality of the American alfalfa is pretty good. ”
Governor Feng replied with a wry smile, and then continued to explain to him.
In the past few years, domestic milk companies have frequently exploded, and they are also in order to enhance consumer confidence, so they advertise that their milk industry chain is completely self-sufficient, that is, their alfalfa is self-produced, supplied to cattle farms for their own use, and then the quality of the milk produced is guaranteed, and they do not buy milk from outside dairy farmers. ”
"Is that problematic too?"
"Of course there is a problem?"
Governor Feng's eyes stood up, and then he said.
"Muddy Waters doesn't know where to get their contract to buy alfalfa from the United States, along with their embellished financial statements, and then throw that into the market, and that's enough to cause panic. You also know that there was an accident with milk in our country before, and the trust of Chinese people in domestic milk is very low, and the situation they are encountering now is that the propaganda does not match the reality. Originally, our integrity was low, and now you say that your cow feed is self-produced, but a large part of the feed is imported, and you even lie about it, and cover it up in the previous financial report, not reflected. So is the quality of your milk credible? You say that you don't get the milk from the dairy farmer from the outside, who knows whether you get it or not? If you don't mix it with anything? Feed procurement can be faked, so how credible is your financial statement?"
When President Feng said this, Xiao Feng understood that the capital market is very sensitive, even if you just tell a white lie, if it is misinterpreted by someone with a heart, it will naturally cause an avalanche.
Especially in the past few years, domestic companies have committed serious fraud, and many scandals have broken out in the world.
Even if your product is fine, as soon as negative news breaks out, it will cause your stock to plummet across the board.
As for the tricks done by the Muddy Waters Company, he naturally knows very well that this is an investment institution that specializes in finding faults in domestic companies, and then creating panic and shorting domestic companies.
There are not a few Huaguo companies that have been cheated by them over the years, of course, many of them have their own problems, but there are also many of them, which were deliberately smeared by him and then shorted.
"It's good to die, this Sanchen Dairy is still a company listed on the Hong Kong stock market, you said that after Muddy Waters Company throws out their subscription contracts and financial statements, what will happen? ”
"They deserve it, who let them embellish their financial statements?"
Xiao Feng scolded, but President Feng looked at him with a wry smile and said: "They beautify the financial report, but they just attribute the cost of importing alfalfa from the United States to the domestic purchase, but in fact, the data is not much fraudulent." ”
"Oh, but who can say for sure, and even if that were the case, who would believe it?"
Indeed, the capital market also reacted in this way. ”
Xiao Feng was really surprised that Xiao Feng could have such an awareness, looked up at him, and then continued.
Of course, Sanchen Dairy also launched a self-rescue, and it was good at first, but how could I have thought that the news of their false statements spread to China, and the banks and financial institutions that gave them loans before stopped doing it, afraid that they would have problems with their operations, and they came to ask for accounts, which cost them their lives. If there is a problem in the stock market, they can still hold on, but if there is a problem in the domestic side, it will be a disaster. Originally, the construction of their pastures in Suzhou Province was not going well, and the capital chain was very tight, but now it was good, and the news of the falsification of the statements came, and the domestic banks and financial institutions that gave them loans all asked for loans and early repayment. As soon as the two sides were forced to do this, they stopped eating, the stock market was suspended after it was cut in half, and the domestic side was also overwhelmed by banks and financial institutions. ”
President Feng told Xiao Feng about this situation, Xiao Feng was also in his heart, this is the terrible thing about the capital market, yesterday you were still beautiful, but today is not good, it is a situation that will never recover.
Think about it again, the people of Yingyue International also came to persuade themselves to raise funds, and then speculated to go public, but go to his grandmother's legs, there was a problem with his own beef source, but he couldn't withstand the magnifying glass of others.
Think about the situation of Sanchen Milk again, more than a month ago, this was still a normal listed company, how could I think that overnight, it would become this virtue, listen to the meaning of President Feng, it should be about to go bankrupt, right?
"Well, Mr. Feng, what exactly is the project you told me, and what does it have to do with Sanchen Dairy?"
Xiao Feng turned to the topic, and President Feng smiled.