Bankruptcy liquidation is bankruptcy in the true sense of the word, and after all assets are liquidated, the company ceases to exist. Pen, fun, pavilion www. biquge。 info

However, bankruptcy reorganization is to revitalize an enterprise that is on the verge of bankruptcy or has even begun to enter the bankruptcy liquidation process, and the difficulty of this, especially the complexity of the relationship between the parties that need to be coordinated, can simply make people blind.

As a star enterprise and a large taxpayer in Jinzhou City, the Jinzhou Municipal Government has not worked hard, nor has it not thought about saving Hengyang Group from the brink of bankruptcy.

But the total assets of the enterprise are 2.7 billion, not to mention the liquidity is not a penny, and there is still a butt of debts outside, and all the debts add up to nearly 1.5 billion!

Among them, bank loans alone are as high as 680 million yuan! If it were not for this level, who would want to let such an enterprise go bankrupt and liquidate? You must know that there are still many small enterprises in Jinzhou that can only survive by relying on the Hengyang Group!

Ignoring Zhao Meng's questioning, Yang Chen continued: "Yes, bankruptcy reorganization! I will register a new company to complete the wholly-owned control of Hengyang Group, you can help me calculate, if I go through the normal way, how much capital will be needed?"

"You...... Are you sure you're not joking with the two of us?" Meng Haobin took a deep breath and said in a very serious tone: "The difficulty of bankruptcy reorganization is very great, and you can't do it just by thinking about it!"

"I also know that it's not easy, no, did you deliberately invite the two of you to come over tonight to help come up with ideas?" Yang Chen smiled and said: "It's not difficult in terms of funds, besides, even if we can't get it in the end, we have to continue drinking tonight, right?"

Meng Haobin and Zhao Zeran exchanged glances, and then nodded: "Hengyang Group's total assets of 2.7 billion, if you go through the normal judicial auction process, the funds that can be cashed out will not be higher than 1 billion...... Creditors on all sides will have significant losses. ”

Yang Chen nodded to understand that total assets are a set of data, and this set of data is only effective when the enterprise is operating normally.

And once a company enters the process of judicial auction, except for the land it owns, all the rest will be sold at a tattered price.

Billion cash-out funds...... Yang Chen even felt that it was a bit high, maybe between 850 million and 900 million was the most reasonable price, no matter how expensive it was, no one would want it.

Seeing Yang Chen nodded, Meng Haobin continued: "The amount of debt of Hengyang Group is 1495 million yuan, that is to say, the debts that all creditors can finally get back from the court will not exceed 70% at most, and the loss will be as high as more than 30%! This is only the principal, let alone the interest......

"This is a result of bankruptcy liquidation, and if you want to terminate bankruptcy liquidation and change to bankruptcy reorganization, first of all, creditors must take the initiative to apply for bankruptcy reorganization, and only creditors who account for more than 10% of the debt ratio jointly submit an application for reorganization, and the court will accept it, otherwise it will be in vain. ”

"Then, from the perspective of having such creditors come forward to submit applications, first of all, the bank will bite hard, after all, bankruptcy liquidation is the most heavy loss for the bank, if there is a big boss who jumps out at this time and is willing to take over, presumably the bank will definitely put pressure on the government to minimize the loss. ”

"At the same time, the Jinzhou Municipal Government and the Xibu District Government also have their own considerations, on the one hand, they all hope that Hengyang Group can be reborn, on the other hand, it is impossible to pull the price to the bottom line, once the cost of revitalization is higher than the cost of liquidation, then the government may only let Hengyang Group officially collapse......

Speaking of this in one breath, Meng Haobin paused, and then said: "My old man has never given up the idea of revitalizing Hengyang Group, and most of the main leaders in the city have such intentions...... If the funds are sufficient, follow the normal procedures, and the capital investment required for this round of bankruptcy reorganization should not be less than 1.5 billion, and the interest can be appropriately reduced or reduced, but the principal must be repaid in full by a lot. ”

This is the answer Yang Chen wants.

After listening to Meng Haobin's words, Yang Chen had a smile on his face, and he nodded: "This is the investment of going through the normal process, but if you rebel against some creditors, you will form a highly unified cooperative idea in the way some issues are handled...... Or put pressure on the group as an outside investor and then complete the restructuring of the group?"

"For example?" Zhao Zeran's eyes lit up, and he seemed to understand what Yang Chen meant.

Yang Chen didn't hide it, he smiled and said his plan, "If Hengyang Group goes bankrupt and liquidated, the biggest loss is undoubtedly the bank that lent money to the group at the beginning...... If someone is willing to take over and pay about 80% of the total debt, will the banks be tempted?"

"Do you mean that you did not come forward yourself, but changed the form and used about 10 percent of the funds higher than the bankruptcy liquidation to induce the bank to take the initiative to apply to the court for bankruptcy reorganization?" Zhao Zeran slapped his head and said: "It is impossible for the bank not to agree!"

That's what it means. The corners of Yang Chen's mouth hooked a looming arc, and said: "In this way, the creditors got more debts than the liquidation, and I completed the bankruptcy reorganization of Hengyang Group with a large amount of money...... Isn't it a happy situation for all?"

"How much money can you come up with to operate now?" Zhao Zeran and Meng Haobin glanced at each other, and only then did they really understand Yang Chen's true purpose of inviting them here tonight!

Meng Haobin said pointedly: "After all, banks are not private enterprises, although this plan is undoubtedly beneficial to banks, but it also needs enough people to come forward to promote it......

"Rest assured, I've never been a solitary eater. Yang Chen was also prepared, and he said softly: "I can raise about 1200 or 300 million funds on my side, except for some of the funds that need to be left for operation flow, what can be used is about 1.1 billion......

After a pause, Yang Chen said: "According to the reality of bankruptcy liquidation and cashing out 900 million cash, it is obvious that I can still come up with a difference of nearly 200 million...... I don't plan to take back this money anymore when I take it out, can you understand it?"

Zhao Zeran's heart shook wildly, and Meng Haobin also showed joy at the same time...... Yang Chen had already said it so clearly, where did they still not understand?

Barely a moment of hesitation, Zhao Zeran put down all the shelves, and laughed, "It's still Yang Chen's pleasure! Since you have passed through with us, my brother will have a spectrum in his heart! Don't worry, let alone the difference of 200 million, even if it is only tens of millions, if you operate like this, there is no reason for the government to refuse you!"

Zhao Zeran can also be regarded as giving Yang Chen a bottom.

After understanding what Zhao Zeran meant, Yang Chen also smiled brightly, got up and stretched out his hand, and said, "Then, please ask the two of you to have more snacks in this matter...... You have a wide range of roads and connections, and my brother can rely on your help this time!"

"You're welcome...... Everyone, take what you need......"

So, when Tang Yinuo returned to this box, Yang Chen, Zhao Zeran, and Meng Haobin were already very affectionate...... If the madman hadn't stayed in his new home tonight and slept soundly, I'm afraid that he would have to pop up the word 'hypocrisy' again at this time and show off his sarcastic skills......