497: The Temptation of Capital
In 1895, the signing of the Treaty of Shimonoseki was a huge blow to Sheng Xuanhuai, and it was also in the same year that Sheng Xuanhuai submitted a request for resignation to the Qing court, but was refused, and had no choice but to continue to live aggrieved. Pen % fun % Pavilion www.biquge.info
In 1900, with the arrival of the Eight-Nation Alliance, the Qing court began to enter the stage of existence in name only, and at the beginning, no one noticed that the Qing court had lost its ruling power, and the power of the Qing court was quietly transferred to the hands of the current emperor Wang Sirui.
So, in 1902, Sheng Xuanhuai, who discovered this situation, once again asked for resignation, and the result of this resignation was similar to Sheng Xuanhuai's speculation, and the above quickly agreed to his resignation request.
Since then, Sheng Xuanhuai began to devote himself to the industry and founded a huge family business in one fell swoop. Beginning in 1904, with the establishment of the Chinese Empire, the state paid more and more attention to industry, although it was not as open as it is now, but compared with a few years ago, it was more open enough.
And Sheng Xuanhuai also seized this opportunity to expand his own industry, and now, another seven years have passed, Sheng Xuanhuai is no longer the original Sheng Xuanhuai, although he has changed from a successful official to a successful businessman, but he is not a perfect person after all, as long as it is a person, it is impossible to be perfect after all.
When the country opened up the automobile industry, Sheng Xuanhuai realized the importance of trucks to industry, but Sheng Xuanhuai was not sure, and this was a brand new thing, Sheng Xuanhuai, who was getting older, had already lost the momentum of the year, so he only ordered 20 trucks for factory use, in order to save transportation costs.
But what Sheng Xuanhuai didn't expect was that the truck he ordered had just driven back, and such a piece of news broke out in the Imperial Daily, and someone had already come to the forefront of him and won the emperor's appreciation.
However, after watching the emperor's interview, Sheng Xuanhuai realized that his opportunity had come, and what Yuntong lacked the most was funds. Although his five shareholders seem to be strong enough to lend a huge sum of two million from the bank, this amount of money is simply not enough for an asset-heavy company.
Moreover, although the company has only just opened, they have actually reached the bottleneck of development, unless there is a large injection of capital in a short period of time, otherwise, they will only be able to regain the opportunity to develop after a year. That's why successful businessmen, they will only get more and more successful, and a grassroots entrepreneur, the problems they face will only get harder.
The fundamental reason lies in the strength of the capital in your hands, if you have money, you can use money to smash the shackles of development, without money, you can only use time to accumulate capital, and then wait for others to surpass you.
Sheng Xuanhuai inquired about the situation of Yuntong Company, so he judged that Yuntong Company was actually not far from the bottleneck period, and according to this development momentum, it may enter the bottleneck period in one or two months at most. It stands to reason that at this time, Sheng Xuanhuai should create a company by himself, and then take the opportunity to seize the market is the best choice.
But Sheng Xuanhuai doesn't think so, indeed, as Liu Dali said, Sheng Xuanhuai is interested in the brand effect of Yuntong Company. This intangible asset, which has become more and more important in recent years, the only private enterprise that the emperor has personally inspected, is that with this gimmick, the business of this company will not be too bad in the future, and what does the emperor mean? It means credibility, even the emperor has inspected them, so it will be easier for them to gain the trust of others in future business.
The most important thing in doing business is trust, once there is no trust, then the business is not far from bankruptcy.
Sheng Xuanhuai did not regret that he entered the market late, this is not what an excellent businessman should do, an excellent businessman, he will only try his best to make up for his mistakes, instead of complaining. The problem of Yuntong Company is just Sheng Xuanhuai's opportunity, maybe others have not seen the potential problems of Yuntong, but Sheng Xuanhuai is full of confidence.
After several years of capital accumulation, Sheng Xuanhuai has also accumulated a lot of wealth in his hands, and the total assets have even exceeded 50 million, even the cash flow that can be used in his hands is more than 10 million. His business is all over the country, from another point of view, Sheng Xuanhuai has also fallen into the bottleneck of development, and he also needs such an opportunity to make his company break through this bottleneck.
Therefore, Sheng Xuanhuai waved his hand and asked people to send a telegram to Yuntong Company, 4 million yuan, wholly acquire Yuntong Company, and assume the debts of Yuntong Company. If they agree, it means that Sun Haosheng and the other five shareholders have earned a net profit of 4 million in less than two months, and even if they pay 10 percent of the personal income tax, they still have 3.6 million yuan, with an average net profit of 720,000 yuan per person.
This offer is enough to show Sheng Xuanhuai's sincerity, I believe that no one can refuse such an offer, and no one in China will give them this offer except Sheng Xuanhuai.
However, what Sheng Xuanhuai was far from expecting was that the Yuntong company replied five hours later, they did not consider the plan to sell the company, they refused, refused the profit of four million, which surprised Sheng Xuanhuai, but did not disappoint, but let people continue to hold on to the Yuntong company, and then wait for a suitable time to shoot again, and when he makes another move, there is a chance that he will succeed in winning the Yuntong company.
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Kaifeng Development Zone, in fact, is the area east of the Sino-Beijing Railway, because it is nearly 100 kilometers away from Kaifeng, so it is named the development area.
In the conference room of the Yuntong company, the participants were changed to five shareholders, which is related to the future fate of the company, as the operator, Liu Dali is not qualified to participate in this meeting, but after the meeting, they also have to call Liu Dali over, tell him the results of the shareholders' discussion, and let him prepare.
Not everyone has the courage to break the boat, in fact, after Sheng Xuanhuai's 4 million offer was auctioned, two of the five shareholders had the intention of selling their shares, but they were finally persuaded by Sun Haosheng. But this conclusion is not safe, Sheng Xuanhuai's offer is too high, and Lao Qian and Lao Li among the five shareholders are likely to be unable to resist the temptation and sell their shares privately.
Lao Li, on the other hand, can use the money to order trucks for his coal business, which is more cost-effective and trouble-free than using trucks from transportation companies. Lao Qian plans to expand the factory, but because the factory has been mortgaged to the bank, the funds need to be approved by the bank, and Lao Qian's steps are a bit big, so the bank has not approved it.
If the two successfully sell their shares, then their debts will be transferred to Sheng Xuanhuai's body accordingly, so that they can not only get back their own business, but also have a lot of money to develop their own business, after all, the current profit of the transportation company is far less than the profit generated by their own business.
"The company will soon enter a bottleneck period of development, if we slack off, it is very likely that others will take advantage of it, I have thought about it for a long time, so I have an idea, although it can not solve our problems all at once, but it can also be alleviated accordingly, and the company can also develop steadily." Sun Haosheng's expression was a little solemn, he knew that once he said this method, Lao Qian and Lao Li would be very likely to choose to quit, but there was no way, he had to do it.
"What's the solution? Can you continue to take out loans? ”
"It is unlikely that the loan will be made, and if the loan is made by the Express Company, this is a duplicate loan and will not be approved. Now we have only two options, choose one of the two, the first one, we will inject capital according to the proportion of their shares, with these injections to get development, according to the vigorous plan, if we can have 500 trucks, we should be able to temporarily ensure the coverage of the province. The second method is that we do not pay dividends within three years, and the profits obtained are all used to purchase trucks in addition to the needs of operation, and we will probably have about 100,000 profits this month, but limited to the impact of capacity, even after the restructuring, at most will not exceed 150,000, that is to say, this is a trickle of water and long-term flow, we can add about 12 to 19 trucks per month, and we should be able to occupy the provincial market within a year, occupy the surrounding market within two years, and begin to expand to farther provinces within three years. ”
"I don't agree, we have limited funds now, how can we have money to invest? Even His Majesty has said that we still have a long way to go, and we don't know how long this road will take, will it take ten years to make a profit? ”
"Yes, don't forget, we are doing this business to make money, and when will we be able to return to our capital with such a large investment in the early stage?"
Lao Qian and Lao Li spoke out against each other, at the beginning, they were persuaded by Sun Haosheng's interests, in fact, they also saw the benefits, a year back to the capital, and then a net profit, this is a very good investment, but now they want to let them not take dividends, go all out to invest, but also to use their own business profits to repay the debt, this is to make the rich family instantly become ordinary people, besides, four million plus debt transfer, such a good condition has to be refused, is the brain so bad?
"Lao Sun, business belongs to business, but as a friend, I have to advise you, don't gamble too much, be careful to fold yourself in. In addition, as a friend, I don't want to hide anything from you, Lao Li and I have already decided to transfer the shares to Sheng Xuanhuai. (To be continued.) )