Volume 1 The Goldstone Crisis Chapter 11 Selling Assets

"Who is for and who is against?" Zhang Qinghe said, looking around.

The people present did not show their attitude, the silence was terrible, and everyone fell into thought.

Seeing that no one spoke, Zhang Qinghe continued to add: "This agreement, if everyone is willing to sign, two months later, Jinshi will first repay 30% of everyone's debts, and the remaining 70% of the debts will be repaid after a year. ”

That is to say, if the agreement is signed, Jinshi will repay 30% of the debt after two months, and the remaining one year later, and there will be 20% of the profits. Even if it is less than 30% after two months, there will be compensation from the income of Maple Grove Villas, and the debt and interest will continue to be calculated.

In short, he wants to give these lending companies a little favor and renegotiate the loans. At most, it is to pay some more, but it has alleviated the current repayment pressure of Jinshi.

Zhang Qinghe is confident that it will take a year to get Jinshi back on his feet.

Next, I will find the city leaders to negotiate with the bank, and the borrowing pressure on the bank can also be alleviated a lot. If the stock price is stabilized, then Hongling Financial Investment will not be forced to liquidate, and there will be no risk problem with equity. Now it is only necessary to stabilize these private borrowers, and the problem of Jinshi, at least in terms of debt, can be regarded as a temporary solution.

"How much is the profit of 20 percent? I tell you, don't bluff us!" said one of the creditors.

Zhang Qinghe didn't know how many there could be, so he turned his head to look at Meng Tianhua and motioned for Meng Tianhua to come.

Meng Tianhua nodded and said, "Last year, Jinshi's net profit was about 2 billion. This year, with the company's projects landing, although the company is riddled with debt, none of the projects have fallen. At the end of the year, Fenglin Villa will be on sale, and the net profit in the fourth quarter is expected to be about 600 million, the net profit in the annual report will be about 2.2 billion, and the net profit in the first quarter of next year is expected to be about 200 million. ”

It's October, and creditors can get 20% of four quarters' profits. By October next year, if you can still make income according to this annual report, you will be able to share 400 million, which is still not interest, and you can share so much money in vain.

Everyone has a number in their hearts, and they even wish that Jinshi would get better soon, Jinshi is good, we are all good!

None of you here are stupid, they are all smart people, the way of nature is profitable, and you can get 30% of the debt in two months, and if you can't get it, you can also have a maple grove villa to cover it, and you can also have a profit share, which is taken for nothing.

This gave everyone a reassurance, even if some creditors still have doubts in their hearts, but seeing that most of them agreed, it was not good to argue about anything, and they also agreed.

It went well and was eventually unanimously approved to re-sign the contract.

Zhang Qinghe said that early tomorrow morning, everyone will come to the company to sign a new agreement, and the new agreement will start with the company's quarterly report for the fourth quarter.

After everyone left, Meng Tianhua was a little embarrassed, "Director Zhang, this is tantamount to giving them money for nothing." ”

"I know... But there's no other way to alleviate the debt problem, and it's worth it to split half of the profits and give you a year of respite. ”

"But... After two months, 30% will be repaid, which is close to 1.5 billion!" Meng Tianhua was a little excited, where to get 1.5 billion in two months! The company only has 200 million working capital in its account, a drop in the bucket, even if Fenglin Villa is sold, it is only 5 billion, which is still not enough to fill the debt of 1.5 billion.

"Lao Meng, you're right, this is what we're going to do next, you can help me contact the city leaders later, I'll go with Song Dong, you go back to the company to contact the lawyer and draft a new agreement." Zhang Qinghe took out a cigarette and lit it, and then said, "Next, we must slim down Jinshi and sell the non-performing assets as much as possible." ”

He took a hard puff of his cigarette, "I want to make money quickly... Only find a way to come from the capital market. ”

"That's all there is to it now... Alas, let's hope that Jinshi can get through this. Meng Tianhua said quietly.

The next day, Song Wuwei and Zhang Qinghe, under the contact of Meng Tianhua, visited the city leader Tang Huimin, in fact, the leaders did not want Jinshi to fall, several old reform projects in the city were built by Jinshi, if Jinshi fell, it would become an unfinished project, and it would definitely arouse public resentment at that time.

So he was happy to pull Jinshi at this time, and Zhang Qinghe's temperament also made him appreciate it very much. Immediately helped Jinshi solve the bank's problems, but the interest still has to be paid.

In addition, an important news was revealed, a state-owned enterprise in Shangdu, Zhongshang Industry, was very interested in Jinshi's new energy project and proposed to acquire it.

As early as a year ago, Song Fuguo thought that the company would sooner or later transform and develop towards diversification, so he laid out the new energy industry and acquired a company whose main business is research and development of lithium batteries, named Fuguo Seiko.

China Commercial Industry has long taken a fancy to the potential of Fuguo Seiko and has expressed its desire to acquire. But Song Fuguo was bent on transformation, so he sternly refused. Now that Jinshi is in trouble and Song Fuguo has passed away, the old Dong of the Chinese business industry has an idea again.

Zhang Qinghe heard that Zhongshang Industry wanted to take advantage of Jinshi's illness and wanted to slaughter it ruthlessly. Don't think about it, the purchase price will definitely be quite discounted.

However, he still said that he wanted to sit down and talk with people from China Commercial Industry.

After all, now, the funds needed on Jinshi's books are at least 2 billion, and Zhang Qinghe can't let go of any opportunity. And he knows that the potential of the company is indeed very large, but in his opinion, it is now the non-performing asset of Jinshi.

Why?

Because Jinshi has no money.

There is simply no extra money to support Wells Fargo Seiko to continue to develop lithium batteries, and it is better to sell them for cash than not to generate income for Jinshi now.

He has a welcoming attitude towards China Commercial Industry, and will not hesitate to sell Fuguo Seiko as long as the price is right.

Seeing Zhang Qinghe's agreement, he acted as an intermediary and contacted Jiang Hua, the boss of Zhongshang Industry.

The two parties agreed on a location and met in Xiangshan Building.

On the other hand, Meng Tianhua also called and told Zhang Qinghe that the creditors had come to sign a new agreement. But the tone on the phone was obviously tinged with a hint of grievance.

Meng Tianhua believes that Zhang Qinghe is increasing the pressure on Jin Shi by doing so.

Zhang Qinghe heard that Meng Tianhua had a problem with his emotions, and comforted: "For Jinshi, money is not a problem, because there is no money at all." Time is the biggest issue... There are many things we can do as long as we have time. Otherwise, the debt company now asks you to repay 5 billion, do you have so much money to repay? The bank asks you to repay 3 billion, do you have the money to pay back? We just want to buy time now, and I will take some benefits in exchange for respite. ”

Meng Tianhua was speechless, wanting to refute, but he couldn't find a reason to refute.

Yes, if the creditor asked for the gold stone to pay back now, the gold stone would be even worse.

"Besides, we promise to distribute the net profit to the creditors every quarter, this figure is very ethereal, big or small, more or less, you won't cheat?" Zhang Qinghe said angrily.

Song Wuwei on the side was even more speechless, he never understood Zhang Qinghe's approach, and of course he didn't understand either. But when he heard Zhang Qinghe talk about cheating, his brows furrowed, and he seemed to be very dissatisfied with such an approach.

The values of the two are completely different, Song Wuwei has just entered the society, like a lotus flower out of the mud without staining, and there is still a righteousness in his heart.

The pampered young master.

To put it bluntly, I haven't been beaten by society.

But Zhang Qinghe is different, and he has been soaking in this big dye vat for several years. Especially in the capital market, he has seen too many conspiracies and deceits, and he has long been invulnerable.

cast a disgusted look at Song Wuwei, he didn't think so, and looked indifferent.