"Want to hear me tell a story?" Chu Yunfei frowned and muttered softly.

Looking out the window at the most prosperous business circle in Zhengzhou's urban area, Chu Yunfei stood up and walked a few steps towards the window.

As far as the eye can see, there is Erqi Square Pedestrian Street outside. The Erqi Memorial Tower, built to commemorate the general strike of the Qianjinghan Railway Workers in the past 100 years, stands here with twin peaks. The west side of the tower is bustling with people, and for many years it has been a gathering area for mobile phone stores.

Chu Yunfei himself witnessed the rise and fall of Nokia and Motorola entrenched here. Seeing those two giants raise tall buildings, feast on guests, and collapse......

Here again came the three mourners and apples. The unequal treaty of the three mourners of the battery explosion defended the interests of foreign markets and ignored the voices of people in the domestic market. treated the Chinese people with a flickering style and a backbite.

The end result is a gloomy curtain call, and today's dazzling Apple lightbox doesn't seem to be so bright. In a word: faith is like gold, easy to lose and hard to get.

Erqi business district can be said to be a microcosm, most of the downtown streets in China, the capital market ebb and flow, seems to have staged such a treacherous change. But the market is changing, wealth is changing, what has never changed is the open door of reform and opening up, and the historical achievements of the past 40 years.

Chu Yunfei, who was silent for a moment, took his mobile phone and asked, "What kind of story do you want to hear?"

On the phone, I heard Li Yueting smile.

Chu Yunfei was not stupid, and he could tell that Li Yueting was answering the phone in hands-free mode at this moment. But even so, out of trust in Li Yueting, Chu Yunfei still said: "Among the companies I acquired, there are thriving, there are many that are not dead or alive, and there are many losses. The only effect is to get some gains in the capital market......"

There are some things Chu Yunfei didn't say, in fact, the market is such a situation. According to the statistics of some financial institutions, of the more than 700 VAM agreements that were fulfilled last year, 260 VAM targets did not meet their promised performance, involving more than 200 listed companies, and 30 of them were in the red.

After the disclosure of last year's report, more than 100 listed companies issued announcements on performance compensation, and some of them have either received compensation or repurchased and cancelled relevant shares. Less than half of the total!

"Do you want to hear me talk about hard life?" Chu Yunfei seemed to understand something, and asked on the phone.

Li Yueting groaned for a moment, and his gaze skimmed in front of everyone. In the end, after looking at Wu Chaoqun and Wu Jianyong, he hummed heavily.

"Now I'm almost filling in a billion a year, and my hard life is far from over. After all, the root of life is pressed, thinking that you should have money after going public, right?" After saying this, Chu Yunfei sighed lightly before continuing: "Yes, the financial ability is not at the same level at all! But ......"

The more Li Yan listened to it, the more worried he became, why did such a big guy suddenly pop up with his good plan?

A headache is a headache, looking at Wu Chaoqun's uncertain expression at the moment. Li Yan wanted to let him hang up the phone, but he knew more in his heart that there were some things that he would have to face after all!

At this moment, Chu Yunfei has listed all the funds that have been active in the past few years since the listing, including the 2 billion raised at the time of the IPO, and then the additional 1.8 billion raised. Of course, during this period, an M&A fund was set up to raise more than 2 billion yuan, an equity investment fund was 1.5 billion yuan, and a bank credit of 1.5 billion yuan was granted.

However, he has also taken 2 billion yuan in mortgage loans, and his own funds currently have 1.5 billion. That's about 13 billion in total.

Wu Chaoqun didn't seem to remember his list of items, but when he said that he had taken two billion mortgages, his eyebrows moved slightly.

"In terms of numbers, it's already quite a lot. But there is not a day that I don't worry about running out of money!" After Chu Yunfei finished saying this, he immediately said: "The family is a big business, and you have to save money everywhere, and you still can't make ends meet! Last year's revenue was more than 6 billion, and now the net profit of my brother has already fallen below 10 percent. ”

When Li Yueting heard this, she wanted to say: In addition to the increase in various costs and the decline in gross profit, does the continuous increase in investment also affect the dividends?

But Li Yueting didn't say this. In Li Yueting's view, the traditional machinery manufacturing equipment technology content is low, to master a certain degree of technology is not easy, Chu Yunfei will be the Internet of Things industry as the leading industry in the future, five consecutive years of investment, research and development, factory construction, acquisition, etc. before and after a total investment of more than 2 billion yuan.

And many things are not how much you invest can get a lot of returns, the most typical case is not the sharing of bicycles?

Chu Yunfei smiled bitterly twice and said: "In fact, our company's employees have increased from more than 100 people at the earliest to nearly 3,000 today, and the annual salary of the general managers of some subsidiaries is 2 million, and the number of technical personnel is constantly increasing with the market situation, and we also have to add benefits, even if the labor cost here is relatively low compared to the first-tier cities, but the average is almost 100,000 per person per year!"

After Li Yueting sighed, she asked, "Do you have any way to deal with it now?"

"Method?" Chu Yunfei smiled bitterly a few times and said into the phone: "Now all financial costs and operating expenses are increasing exponentially. The comprehensive cost of the loan has reached 8 percent, and this will cost hundreds of millions of dollars every year! This does not include all kinds of taxes, task indicators, etc., if it were not for the application of high-tech and double-soft, I would have paid more taxes!"

They are all engaged in industry, and Wu Chaoqun empathized with listening to it next to him. Perhaps only Li Yan and the others on the opposite side couldn't feel the sadness and hardship.

Li Yan didn't even know that in many cases, the real economy pointed out that the average annual cost of various donations alone would be tens of millions. And diversified development makes funds even more stretched!

"Brother Chu, I said before that your plate was a little too big. The smart parking, smart community, characteristic town, smart medical care and other big industries of the Internet of Things that you are involved in really take time to input and output. And the most precious investment cost is often time. Li Yueting couldn't help but sigh in a whisper.

At the beginning, Chu Yunfei even almost built a factory to produce smart locks. If it weren't for Li Yueting and Chu Yunfei who happened to meet that time, he would have fiddled with this project.

Chu Yunfei said with emotion: "Yes, on the one hand, it is difficult for me to spread the plate with a single main business, and on the other hand, I think that diversification of income is also conducive to resisting risks, but the actual results are sometimes not as good as I think." ”

At this time, Li Yan on the side glanced at Wu Chaoqun a few times. And Cui Bao held the teapot and poured tea for everyone.

"If it weren't for your help from Yueting, the few things I encountered in the Association of Listed Companies last time really almost put me in a situation from which I will never recover!" Chu Yunfei sighed.

After Chu Yunfei's company went public, he automatically became a member of the Association of Listed Companies and received a lot of help, but there were two things that hurt him a lot.

Several different circles have been formed in the association, and Chu Yunfei has participated in two, one is the manufacturing-based intelligent manufacturing group, and the other is the technological innovation group. But almost every time I get together, I talk about big projects, often billions or tens of billions, and some people even take hundreds of millions to make some illusory blockchain!

Chu Yunfei was really not interested in this kind of investment, and he couldn't learn it, so he thought it would be good to listen to it himself, but the ethereal cloud coins that hype the blockchain are very similar to things like Bao Xingxing. Many entrepreneurs pounced on themselves, and Chu Yunfei was resistant from the bottom of his heart, so gradually there was nothing for him in the group, and naturally he rarely participated in the future

It's just that I didn't expect that at an unavoidable party, Chu Yunfei still fell into the pit.

At that time, a team leader brought a 30 billion energy project, saying that there were eight people in the group, and each of them contributed less than 5 billion yuan. The team leader directly took out 10 billion yuan, went to Australia to buy a company on the verge of bankruptcy, and sold it to a large energy group.

If it happens, at least one billion people can share.

Chu Yunfei himself understood that even if he didn't participate, he would have to bleed heavily to seal his mouth.

Li Yan sat aside, holding a teacup in his hand, and when he heard this, the teacup in his hand trembled slightly. I felt in my heart, how could things be so similar? Thinking about rare earths...... When thinking about the edge.

Chu Yunfei said on the phone at this time: "Later, when you knew about this, you asked me a word, do you remember?"

Li Yueting smiled bitterly twice, and said in a deep voice: "At that time, I asked you, why do you want to invest money together for such a good thing? Will I engage in energy? Give me a big mountain, there will be a mine? Brother Yunfei, have all the projects you invested in done smoothly?"

Chu Yunfei responded slowly on the phone: "Yes! At that time, you directly asked me, the company was okay at the time, but there were few new projects to make money! With my situation at that time, it was so difficult to control the company, and I still wanted to do more in a short period of time? If it weren't for your questions, I wouldn't have communicated with the middleman and gave the team leader 300 million yuan in shares." ”

There was silence on the phone, Li Yueting pursed her lips and said with a wry smile: "What happened later? That project took two years to complete the acquisition, and there was indeed a good mine, but it was stopped for no reason, and they are still holding it in their hands!"

"If it weren't for you, I would have wanted to continue to pledge some more equity at that time. If it was really pledged, instead of giving 300 million...... I'm scared when I think about it!" Chu Yunfei sighed with emotion, and continued: "In recent years, the capital has become tighter and tighter, the amount of bank loans has been declining year by year, it is also very difficult to set up a special merger and acquisition fund to raise funds, and the interest rate is still rising.

Vanity, temptation, and competitiveness dominate people all the time, which is a typical proof of the saying that Satan is the king of this world.

But is it okay now? Chu Yunfei tossed in many ways, and the most popular still chose the most ruthless move against himself. He finally pledged the shares of listed companies he held.

"When I pledged it, the stock price was more than 30 yuan at that time, and the market value was about 30 billion, and half of it was mortgaged to get 1.8 billion. Last year, the stock price was cut in half, and in order to recycle the 1.8 billion, I pledged all the remaining shares to this day, but the company's stock price fell by another 30 percent! I re-pledged those assets that could be pledged, and finally borrowed from private institutions at a higher interest rate to make up for the bank gap!" Chu Yunfei sighed.

"Yueting, you know! My company's exports have been declining, and now the outside is in friction again. My profits continue to decline, and now if there is any more trouble, I will collapse!" Speaking of this, Chu Yunfei felt that he had been put on the shelf now, either he would find the funds to go over, or be acquired, or go to the rooftop!

"The company is my life, I even staked my life, and borrowing money for a year is just a drop in the bucket!" Chu Yunfei muttered softly with some anxiety.

"Brother Yunfei, how much money do you have in your hands now?" Li Yueting suddenly asked.

"Eh?" Chu Yunfei was stunned for a moment, and then said gloomily: "I don't hide it from you." All the funds that can be active now are about 1 billion, and at least 500 million of them will be left in the company for three months of liquidity, and 300 million will repay interest, in fact, the really movable funds are only about 200 million. Even if I don't make any other expenses now, if there is not enough new profit injection within three months, I will have to put out the fire at any time with these two hundred million in my hand!"

At this moment, Chu Yunfei was a little excited, so he listened to his babbling thoughts: "I won't hand over the control of the company until I have to!"

In fact, it has been revealed that Chu Yunfei has no intention of looking for new capital operations and financial think tanks for the time being! It can also be said that for the last fight, Chu Yunfei put all his energy back into the company.

"I believe that the industry will not be defeated so easily, even if I lose my old face, I will have to get a few more big orders back!" After Chu Yunfei said this, Li Yueting did not respond to him immediately. Instead, he silently turned his head and looked at Wu Chaoqun and Wu Jianyong beside him.

At this moment, Wu Jianyong's whole person relaxed. He also turned around to look at Wu Chaoqun, who was still thinking about turning a sports car into a motorcycle.

Everything in front of him is real, and a step forward may be wealth, but what awaits him is not the ingestion of this wealth, but the result of Pandora's box being opened.

The pledge was like a poison, but he was wrapped in a sweet taste. After eating, people will taste it again. When the poison breaks through the defense tipping point...... The result may be Chu Yunfei's fate at this moment.

Of course, Chu Yunfei is not at the end of the road at the moment, but everyone knows that the road has come to an end.

"Mr. Chu, can I ask you a question?" Li Yan suddenly put the teacup in his hand on the table and asked in a deep voice.

Chu Yunfei on the phone was obviously stunned, and everyone in the room was stunned. Everyone understood that they couldn't speak at the moment, but Li Yan just spoke.