Chapter 0588 Directional Bonds
If Zhou Jingming didn't come specifically for the Hongqi sedan this time, then the only thing Li Mingzhe could think of was that Zhou Jingming made a special trip to the mechanical engineering department because of Tianming Company's shortage of funds, otherwise, with the current scale and popularity of Tianming Company, Zhou Jingming did not need any help from the mechanical engineering department.
"That's right, in addition to discussing the Hongqi car with Minister Li and Director Chen, I also came here for the company's financing. Zhou Jingming nodded, and there was nothing to hide.
"How much are you going to offer for Rolls-Royce this time?" Lee Ming-che continued. Previously, he was only happy, but he didn't take into account that the cost that Tianming Automobile Company needed to pay to acquire an internationally renowned car brand like Rolls-Royce was also very high.
"My plan is to complete the acquisition of Rolls-Royce for about $600 million, but if there are other competitors in the middle, I'm afraid that $600 million will not be enough, but it will certainly not exceed $800 million. Zhou Jingming paused, and then continued,
"Two days ago, our company's financial department took stock of the company's property, and at present, our Tianming company's current assets are about one billion US dollars, and it is certainly enough to complete the acquisition, mainly once so many funds are used, it will inevitably have a great impact on the company's normal operation, so it takes up to half a year of short-term financing to get through this period. ”
"600 million US dollars may not be able to successfully acquire Rolls-Royce? If this is converted into RMB, it will cost more than 300 million!" Chen Dongsheng on the side couldn't help but exclaim.
In Chen Dongsheng's view, 3 billion yuan is simply an unimaginable concept, and before that, the total output value of the entire FAW could not reach the level of 3 billion!
"Rolls-Royce is, after all, a world-class ultra-luxury car brand, and if it weren't for the financial crisis and poor business conditions now, let alone 600 million US dollars, even if it was a billion US dollars, we would not have a chance to buy it. Zhou Jingming said with a wry smile.
"And what is the size of the short-term financing you just mentioned?" Lee continued.
"One billion yuan. Zhou Jingming replied.
One billion RMB?!
Li Mingzhe and Chen Dongsheng glanced at each other, and they both saw the shock in each other's eyes, one billion yuan, this is definitely an astronomical amount, Zhou Jingming alone, it is impossible to get such a large-scale loan from the bank.
"Is this money in a hurry?" Li Mingzhe thought for a moment, looked at Zhou Jingming and asked.
"It's best to be able to settle this month, and I'm going to make a formal offer for the Rolls-Royce takeover next month. Zhou Jingming immediately replied.
"Then you wait here in Yanjing for a few days, and I'll communicate with the comrades in the banking system to see if I can approve this matter." But I'll make it clear upfront that you don't get your hopes up too much, but I'll do my best to get this out of the way for you. Lee Ming-che said very seriously.
Since this matter is closely related to the development of the Hongqi car, and it coincides with the military parade celebration of the 50 th anniversary of the founding of the People's Republic of China, which is of great significance, Li Mingzhe said that he would try hard to do anything, but the amount of one billion yuan was too huge, and he did not dare to guarantee how many loans he could get from the bank for Zhou Jingming with his face.
"Then it's troublesome Minister Li. Zhou Jingming also knows that this matter is not so simple, but now the domestic bond market is very underdeveloped and is still in its infancy, otherwise, the use of stock financing methods will not be as troublesome as now.
After the three of them talked for a while in Lee Ming-che's office, Zhou Jingming and Chen Dongsheng walked out together.
"Don't worry about this matter first, Minister Li's connections in Yanjing are still very extensive, and there are also people from his family in the banking system, if it really doesn't work, I'll go to FAW to see if I can borrow some money from FAW to come back." Chen Dongsheng said to Zhou Jingming as he walked.
Although the acquisition of Rolls-Royce is a commercial act of Tianming Automobile Company, it is also to relieve the pressure on Chen Dongsheng's shoulders on the one hand, and the central government has given Chen Dongsheng the task of developing Hongqi cars.
"I know Director Chen, I'll wait for a while, anyway, I'm not in a hurry for the time being. Zhou Jingming nodded with a smile.
Some time ago, Li Minghai, who had been working in the Economic Commission, was also officially transferred to the head office of the Industrial and Commercial Bank of China to participate in the work.
Although the two brothers both work in Yanjing, but because they are not in the same system, except for the New Year's holidays, the two basically do not see each other, this time Li Mingzhe actually found himself in person, Li Minghai was very surprised.
"What kind of wind actually blew you, Minister Li, into our banking system?" Li Minghai said with a smile as he made tea for Li Mingzhe.
"Big brother, I came to you today because I have something important to discuss with you. Li Mingzhe was not ambiguous, and said directly, the two of them in private, naturally they would not be commensurate with their positions.
"You must have asked me to borrow money. Li Minghai put the teacup in front of Li Mingzhe, "You said that you are a person with a mechanical system, and when you come to our Industrial and Commercial Bank of China, what else can you do except money?"
"Big brother, since you guessed, then I won't go around the bush, I came to you this time, I really want ICBC to come forward and conduct a short-term financing for a company. ”
"Is it Tianming Automobile Company, Zhou Jingming's kid created it?" Li Minghai smiled, he also knew Zhou Jingming very well because of the introduction of the mulberry car project, and Li Minghai couldn't think of any other company that could make Li Mingzhe so concerned.
"Hmm. Li Mingzhe nodded, "Xiao Zhou wants to acquire Rolls-Royce this year, but the amount of acquisition is too large, and if Tianming Company's current assets are invested, it will bring great pressure to the company's operation, so it needs a short-term financing for half a year to help survive this transition period." ”
"Buying Rolls-Royce, this kid really dares to think and dare to do it! Such a big brand says that it will be acquired?" Li Minghai couldn't help but say in surprise when he heard this.
That's a Rolls-Royce!
"Originally, I shouldn't have interfered in this matter, but the acquisition of Rolls-Royce is related to the development and promotion of Hongqi cars, you also know, our automobile industry wants to give a gift to the central government on the 50th anniversary of the founding of the People's Republic of China, if you can acquire Rolls-Royce, it will be of great help to the development and promotion of our Hongqi cars, so I have a calm face and ask you for money. ”
"If the scale of the financing is about to be, if it is not very large, I can make the decision to let ICBC lend to Tianming Automobile Company. Li Minghai thought for a moment before speaking.
Since it is related to the celebration of the 50th anniversary of the founding of the People's Republic of China, this matter is not only related to the automobile system.
"Xiao Zhou said, it's about one billion!"
"A billion?" The expression on Li Minghai's face instantly became exciting, "This is too much!"
"I know, that's why I asked you to help, otherwise Xiao Zhou wouldn't have gone all the way to Yanjing, there is always a way to compromise, just half a year, and after half a year, I will definitely be able to pay it back on time." ”
Li Minghai couldn't help frowning, and his fingers habitually buckled lightly on the table.
"In this way, such a large amount of borrowing, the risk is a bit big, you go and ask Xiao Zhou, can you issue directional bonds, and then I will lead a few other banks to subscribe." In the end, Li Minghai still gave such a plan.
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