In the third conference call, Li Lin asked, "Can we consider equity financing?"

Feng Yiping refused almost without thinking, "At present, only debt financing is considered,"

Generally speaking, there are two main financing methods for a company, debt financing and equity financing.

The so-called equity financing means that the shareholders of the enterprise are willing to sell part of the shares they own and introduce new shareholders.

There are more ways to finance debt, and the content is nothing more than the word "borrow", such as bank loans, issuance of corporate bonds, etc.

Equity financing, those two listed companies don't need to be considered, although as long as the rumors are revealed, seeing that the two companies are so good, there must be more people to send money, but even if Feng Yiping is willing to do that, the funds raised can only be used for the development of those two companies, do you want to use it to acquire Netflix? That is a fair misappropriation, misappropriation of funds from listed companies, and the amount is still so large, you just wait to sit in prison.

As for Jiasheng Group, Feng Yiping thinks it's good now, everything is in his own hands, if another shareholder is introduced, how can life be so leisurely as now?

Moreover, how many people in the country can come up with more than $1 billion in cash?

"You can consider issuing corporate bonds, but," Feng Yiping shook his head, "This approval procedure is cumbersome and expensive, so it can only be used as a backup plan,"

The approval of the issuance of bonds by enterprises is not simpler than that of listing, and the issuance of such bonds also requires underwriters, and the interest rate is generally high, adding up. The fee should not be less than 15%.

Besides, in 03 years, there are not many projects that domestic enterprises can issue bonds, and the amount cannot be very large, which will issue bonds of 1 billion yuan. That's a very big thing.

"Strip the assets of the group's listed companies, strip off overseas assets, package all the remaining assets, apply for a loan from the bank, if it is not enough, you can consider pledging my equity in the listed company,"

Feng Yiping still thinks that this is convenient, and when he borrows from a bank, the interest rate should be controlled below 10%. And the object of dealing with is relatively single, in addition, he also wants to take such an opportunity to completely dispense with his own ▲√dǐng▲√diǎn▲√ small ▲√ said, .2♀3.▼os_(); Asset.

In any case, the valuation of banks is still very valuable for reference.

"Okay, I understand," Li Lin stopped persuading. She now understands very well that listed companies can't do anything. Non-listed companies, their own bosses resolutely do not want others to get involved, "I hope that some banks have such great courage!"

"Don't worry, there will definitely be," Feng Yiping said with a smile, and. If nothing else, it can only be ICBC.

ICBC is the fastest internationalized of the four major state-owned banks, and it should also be the one with the largest number of foreign currency assets.

He also hopes to take such an opportunity to establish a good relationship with ICBC. Perhaps, when ICBC goes public in the future, it will also be able to carry out some strategic cooperation? For example, there will be an opportunity to buy some of the original shares.

"Hehe, there are not many companies in China that are confident in such a quota of financing, and such a quota is a good match for our identity," Jin Ling said with a smile.

Feng Yiping guessed correctly, this will, the four major lines are also entangled.

Do banks want to do such a big business? Of course they want to! Not to mention a maximum of $2 billion, even a $20 billion business, they want to do it.

It's just that the current four major banks are far less bullish than later, and the other three banks have limited dollar assets.

ICBC is the most tangled one, because they have the most foreign currency assets and have the ability to undertake such a business alone.

At the high-level meeting, the credit management department strongly advocated to independently undertake the next, "such an opportunity is rare, if other companies make such a request, we probably don't have to pay attention to it, but the overall strength of Jiasheng Group, everyone can see, at least among the best in China, excluding the two listed companies, just say that their fixed assets across the country are very considerable,"

"The purpose of their financing this time is to prepare for the acquisition of a listed company," the risk management department said, "which further reduces the risk of our loans,"

They are very excited and want to do this big business, Jin Ling believes that the loan of 2 billion US dollars is in line with the identity of Jiasheng, and they also think that a big business like 2 billion US dollars is more compatible with the identity of ICBC.

"The problem is that at the end of last year, we had less than $20 billion in foreign currency loans, and $2 billion is not a small amount," said the asset and liability management department.

"Affected by **, in the past two months, the volume of international settlement business and foreign exchange settlement and sales business has also declined,"

If it's 2 billion yuan, or even 10 billion yuan, it won't matter to ICBC, but Jiasheng wants US dollars, and at the current exchange rate of about 8.2767, the amount of loans they want is more than 15 billion yuan!

"There is no doubt that foreign currency assets will definitely increase this year," said the vice president in charge of credit, "Jia Sheng Group is a high-quality customer in all aspects, and such an opportunity should not be missed, continue to follow up, we must achieve this business in the most beneficial way for us, and the risk can be fully reflected in the interest rate."

For a $2 billion loan, if there is a 10% interest rate, then the interest alone will be $200 million a year.

In terms of scale, it is a loan of more than 100 million, and it can also dǐng a hundred.

How much manpower and material resources does ICBC have to invest in completing 100 loans with an average amount of more than 100 million yuan? How many bad debts will there be in these 100 loans? In short, it will definitely be higher than this one.

…………

**For colleges and universities in the capital, the impact is very large, however, this impact is sometimes a good thing, for example, for those who feel that they are not prepared enough, the postponement of the English level 4 and 6 exams is a great news.

The closure of various colleges and universities means that Feng Yiping, who is already a senior and is forced to stay in school, means that they can spend more time on their graduation project.

Feng Yiping even doubted that 03 was the year with the highest average level of graduation design in a university in the capital.

It's just that the goods in the dormitory generally said that they were very uncomfortable, and they couldn't get used to Feng Yiping being free outside, and harassing him on the phone, which was a common thing, and felt that they were too idle and annoying, Feng Yiping, who was originally going to increase the size for them, deliberately increased the code when arranging the next step of the magic workshop.

This time, he released nearly 20 specific design projects.

Among them, the dozen items that occupy the largest number, like the design of electric vehicles, are relatively easy, Feng Yiping already has a general outline, they just need to improve it, for example, the specific proportions, the further improvement of details, etc.

Moreover, these dozen designs are all products closely related to daily life, which is not very difficult, and can be said to be an appetizer.

These dozen items, simply diǎn said, are the result of Feng Yiping's original visit to the famous Muji.

At the beginning, he also visited this store that was infinitely elevated by a lot of petty bourgeoisie, and even self-proclaimed tasteful people, but as a result, he really did not have too strong a strong experience, he admitted that the design of some things there is very unique, but some people's evaluation of it is too much, and even went to Japan to "worship", he said that he could not understand the fanaticism of those people at all.

I don't understand more than I don't understand the fanaticism of "fruit fans".

Of course, it may not be ruled out that it is due to a Japanese company.

In short, he has long thought that he should copy more items that he has an impression of, anyway, now that he has the sales platform of Youjia, these things can be stuffed inside.

In this arrangement, there are two difficult bones to gnaw, one is a bladeless fan and the other is a chainless bicycle, and the difficulty of these two designs can be seen from the name.

Moreover, Feng Yiping can't help with these two things, he has used a bladeless fan, but he doesn't remember the specific principle, a chainless bicycle, he has seen it, and he has only seen it.

As soon as these jobs are arranged, the harassing phone calls from those guys in the magic workshop are basically extinct, but judging from what Liang Yonggao said, these two designs have aroused everyone's interest, and this difficulty is more compatible with the identity of students from high-end universities in China.

…………

Feng Yiping, who just felt that his mobile phone was much quieter and his ears were much cleaner, was about to go to lunch, when he received a call from another guy who often harassed him, "Zhijie, is Qiu Ling okay these two days?

Xiao Zhijie completely ignored his words, and hurriedly said, "Yiping, there seems to be something going on over there just now on Jingping's side," (to be continued.) )