Chapter 560 Damages for breach of contract
Picking up the big red robe that Wu Zhilin had brewed for himself, he took a sip on the edge and closed his eyes slightly, as if he was enjoying this pollution-free and pollution-free organic tea!
Li Yan frowned, he didn't expect that the edge would still be able to sit firmly on the Diaoyutai at this time. If it weren't for his explanation, if it weren't for his uncle's relationship, if it weren't for the various interests involved, or if there was the 1.5 billion bid. Li Yanzhen pressed the edge here and beat him up.
Subconsciously tilting his head, the corner of Li Yan's eyes suddenly noticed that Wu Zhilin was looking at the edge with a strange look. If I had to say what that strange look meant. Li Yan may guess that this look seems to be the eyes of a dead man!
After slowly putting down the teacup in his hand, he smiled at everyone as if he had been prepared and said, "Everyone wasn't there at the auction, if you were there, you should be able to understand what I did." In that case, didn't the guys of the National Mining Rare Earth rely on the background of the state-owned enterprises behind them, spending money like dirt and wealth? Have you not seen their arrogant appearance, the so-called I said to myself at the time: We must take it at any cost, and we can't cheap those people!"
After saying this, he looked at the few people in front of him and added: "As for the price, I personally think it's not high, and it's worth it!"
Wu Zhilin said coldly on the side: "I will give you a very simple calculation, the net profit of this rare earth last year was 87 million, and the estimated profit this year is comparable, and it has been calculated before, his total market value is 1.5 billion, but you used 1.5 billion to shoot 65% of the equity, and the PE valuation has reached 26 times, even if it is a listed price-earnings ratio, it is only so! You say that you are calling this at any cost? How do I feel that you are drinking to quench your thirst?"
After glancing at Wu Zhilin, the edge coughed lightly and muttered in a low voice: "Cough, shoot it first." This company has a lot of industries, amazing reserves, and brand added value, so there are a lot of articles that can be done. This time, I dug the most bullish chief engineer and the best management master in this circle to join, and the overseas orders have been signed for two years. ”
Speaking of the prospect of this rare earth, the face on the edge that should have been slightly green suddenly appeared with a young ambition and unashamed pride. Of course, how much of this pride is ignorance and fearlessness, and it is difficult to say whether it is fearless or ignorant.
"1.5 billion or 2.5 billion, no matter what kind of purchase price, it actually has nothing to do with us, right?" Xu Jinjiang, who was worried about it from the moment he entered the door, suddenly interjected a sentence, and anyone could see that his expression was very serious and serious at this time!
"Hey, that's ...... That's right, don't worry! Mr. Xu, I won't embarrass you, I'll take care of everything. The edge seems to have expected Xu Jinjiang's words.
"But ......" the edge of the conversation turned to Xu Jinjiang and continued: "Mr. Xu, I still have to continue to help in the early stage, and I also need everyone here to continue to help." My first installment of funds, the time is too urgent, only five working days!
As soon as he heard this, Xu Jinjiang was the first to lose his breath, he was still holding his voice down, but when he spoke, he had a thick evil spirit, so he heard Xu Jinjiang raise the decibel and say to the edge sharply: "Hmph! Edge, shouldn't everything be executed according to the entrusted bidding agreement we signed? Our Jinjiang Group is not a cash cow, you can get money if you shake it! Let me tell you, I, Xu Jinjiang, will definitely not be able to pay this money!"
After Xu Jinjiang said this, he turned his head to look at Bi Peilin. Then after glaring at Li Yan and Wu Zhilin, he said in a heavy tone: "Mr. Wu, although Mr. Li is not an old acquaintance, we have never worked together. But I agreed to meddle in this matter out of the favor of the Bi family!
The edge didn't answer, and he also set his eyes on Wu Zhilin and Li Yan.
After Li Yan glanced at the edge, he asked him, "Edge, how is the payment schedule set after the bid is successful?"
After listening to Li Yan's words, Edge casually took out a copy of the bidding agreement from his high-quality Prada handbag and handed it to everyone present.
Li Yan carefully checked the key clauses again, and the agreement was detailed and stern in black and white: if the bid is successful, 30 percent of the total purchase price must be paid within 5 working days from the date of signing the agreement; within 60 working days, another 80 percent of the purchase price must be paid, and then the equity must be changed; and within 90 days, all payments must be made.
The agreement clearly states that this means that 1.5 billion will be raised to pay the bid within three months after the agreement is signed.
This money is not a "trivial matter" for any of them at present, and it is impossible for it to be without any major problems! But does this acquisition have a direct relationship with them? No! The person directly related to it is the marginal!
The nephew of a senior executive of the China Securities Regulatory Commission, a young man who does P2P asset management. Someone who claims to have a lot of money behind the scenes waiting to take over!
Li Yan exhaled the turbidity in his heart heavily, raised his hand and rubbed his temples.
Gongsun Qi also called himself yesterday, urging him to ask for a "ticket". Not to mention 100 million yuan for a ticket, the acquisition of Silver Seeds' shares requires a large amount of money.
There are so many places that need money, and at this time, the edge has even pulled itself into the pit of rare earths......
1500 million ...... At least for Li Yan, who was the first to know the edge, these 1500 million can still stay in the air of spittle!
If Li Yan said that it was a heart jam, then Xu Jinjiang on the side was even more anxious at this time.
This agreement was signed jointly by Party A, and if the edge could not raise money within five days, his Jinjiang Group would have to bear the liability for breach of contract, not only would it be confiscated from the deposit paid by the bidding, but also a large amount of breach of contract!
Before coming to Zhichun Road, he specially asked the legal counsel to ask.
Looking at the things in his hand, Xu Jinjiang frowned and asked, "Didn't you say that there is no legal risk?"
And lawyer Xu Jinjiang's reply almost made him pull out.
"There is joint and several liability. The risk-free is based on the proxy bidding and nominee shareholding agreement we signed with the company on the edge of the signatory, in which the risk aversion clause is written in a clear and clear manner...... However, the prerequisite for this is that the company where the edge is located has the ability to bear the damages for breach of contract, in the unlikely event that it is not. ”
The lawyer glanced at Xu Jinjiang's exposed head, and after a pause, he continued, "Otherwise, we will be in trouble." ”