093 Revitalize assets
Since the second day of Ye Tianmin's meeting with Wan Shan, all the work has been carried out in an orderly manner according to the established process.
But whether it is Wanzhen Pavilion or Ye Tianmin's two teams, except for Zhu Jiachun who knows, Luo Yangyu, who is very surprised, did not participate, and Chen Qiang on Wanzhenge's side went out less than half an hour after arriving at the company, and never came back after that.
And Wan Shan seemed to have known about it for a long time, and he didn't even ask.
It's just that on the third day, Wan Shan's daughter, who doesn't usually appear in the company, was taken to the office by her mother. In Wanshan's office, there were crying voices from time to time, but in the end, he also left alone, leaving his daughter behind.
Wan Shan's daughter Wan Baoer is very well-behaved and sensible. After her mother left, she asked her father if her mother would leave her.
"No, you can see your mom whenever you want, but she won't live with us in the future." Wan Shan explained to her softly.
Because Wanshan has not lived with her mother since she was a child, she is basically with Wanshan on weekends or holidays, and she will go to kindergarten pick-up and drop-off as long as Wanshan is fine.
Wan Baoer knew that her parents did not live together at all, although she guessed that her parents might be divorced, so she did not make any noise about her mother's departure. On the contrary, I feel new and happy to be with my father during the day.
Wan Shan's original intention was to give up his office, but he did not move under Ye Tianmin's instructions, but after Chen Qiang left, he cleaned up his office and sorted it out.
All the people who work in the headquarters of Wanzhenge have noticed that the sign at the door has changed, and the sign at the door of Wanshan and the original Chen Qiang's office reads the general manager, but the company under the Wanshan brand is written Wanzhenge Pharmaceutical Chain Company, and the original Chen Qiang's office is written Wanzhenge Industrial Group Company.
Many employees also found that a large area of the warehouse was vacated and many shopping mall shelves were piled up one after another. These quiet changes are just one of them.
A week later, on January 23, 217, Rafa, Chen Qiang's office officially changed owners. A man named Zhu Jiachun moved into this office.
Mr. Zhu issued the first document at the beginning of work, on January 27, all the employees of Wanzhenge Industrial Group will gather at the headquarters for a meeting, the group's affiliated enterprises and stores are all closed for one day, and the franchisee meeting of non-directly affiliated chain pharmacies is scheduled for January 28, and the location is also in the headquarters.
On the afternoon of January 23, 217, the finance of Wanzhenge Industrial Group received several payments.
The first is from Ye Tianmin, with an amount of 3 million;
the second is a transfer of 20 million from a person named Chen Fang;
The third is a transfer of 17 million from Chen Qiang.
In addition, there are three property transfer materials, including a villa in Nanshan District, a duplex house with an area of more than 200 square meters in Yunshan District, and a commercial shop in Yunshan District with an area of more than 300 square meters, as well as an off-road vehicle worth 400,000 yuan.
Just when this series of changes of Wanzhenge Industrial Group Company was underway, Ye Tianmin sat in the off-road vehicle worth 400,000 yuan driven by Cheng Shijie, and together with Zhao Hong, took Yang Momo to leave Nanyun City and go to Kona New Village in Chengbei Township, Xinduo County.
Zhu Jiachun still drove Ye Tianmin's "Coulson", and his original car temporarily served as the group's spare car.
Wanshan's car is not too expensive, and the market value of the new car is more than 500,000 yuan, and Ye Tianmin did not let this car be included in the assets of Wanzhen Pavilion. Although the original purchase and account were all hung in Wanzhen Pavilion, after signing the share transfer agreement, Ye Tianmin asked Luo Yangyu to transfer the ownership to Wanshan's own name according to the discount of 100,000 yuan.
On the evening of January 23, the information submitted by Wan Shan, Zhu Jiachun and Luo Yangyu showed the status of the assets of Wan Zhen Ge Industrial Group Company before and after the 23rd:
The status of the assets owned by Wan Zhen Ge Industrial Group Company before the transfer of shares is:
There are 5 directly operated chain pharmacies, because the business rooms are leased and not recorded as assets, and all medicine cabinets and equipment are valued at 1 million.
Ancient method pharmacy factory, because it has three exclusive formulas of ancient medicine, plus equipment, the price is 20 million.
The office equipment of the headquarters and the warehouse loading and unloading equipment are valued at 5 million.
10 minivans are priced at 800,000 yuan, and a special drug delivery vehicle is priced at 200,000 yuan, totaling 1 million yuan.
5 commercial vehicles (excluding the one commonly used in Wanshan) with a price of 600,000 yuan.
The real estate development company's two commercial plots of land were auctioned at the beginning of the actual expenditure of 50 million, but the value of the land has increased in the past two years, and the estimated price is 70 million.
The headquarters plus all directly operated stores have a total drug balance of 20 million.
Chain pharmacies and ancient pharmacies have only 7 million in cash left.
Total: 97.6 million actual assets and fixed assets, 20 million drugs, and 7 million current cash. The total price: 124,000,000 yuan (¥124,000,000) in fiat.
However, in practice, the external debt of Wanzhenge Industrial Group Company includes:
2 million in arrears of employee wages;
21 million in arrears to drug suppliers;
700,000 in arrears of rent;
300,000 yuan in arrears for office procurement fees;
30 million arrears to real estate builders and materials;
The bank loan plus interest has been close to 50 million
All foreign debts need to be paid in cash of 100 million million (¥104 million and 104 million yuan), although it seems that the debt is less than 84%, which is not an absolute non-performing asset. However, it is precisely because of such high debt that there is no way to put a premium on the brand and corporate value.
Because, in fact, Wan Zhen Ge Industrial Group Co., Ltd. has not been able to come up with cash and collateral to pay the most urgent bank loans, and it has not been able to survive this crisis.
If Wanzhen Court does not close down, its debt will gradually increase. Once the business is closed, the value of the drug shrinks dramatically or even ends up zero. The arrears could not be solved at all, which is why the bank forced them to get what they are today.
Of course, the most important thing is that in the end, Zhao Tuo got the instructions from his old man, and according to the original loan contract, Wanzhen Pavilion must repay the loan as scheduled, otherwise he directly applied for property preservation and seizure. Once that day comes, Wanzhen Pavilion will really be finished, and there will be no chance to make a comeback.
When a business is a good asset, it can be at a premium. But when you are too indebted, the premium is a joke, and the foundation of business lies in the pursuit of profits.
The suspension of the Wanzhen Pavilion real estate project has provided an opportunity for enterprises in the industry to chase profits, and it is impossible to sell according to the estimated price of 70 million, and it is already enough to take over at the original price of 50 million.
And when 50 million is in hand, the bank's loan and interest have been used up, and it may be insufficient after a long time. There are still 30 million for builders and materials on the head.
If Chen Qiang's sister had been willing to take out the 20 million, Wanzhen Pavilion could indeed have postponed the crisis and found a way to solve it. It's a pity that the two brothers and sisters surnamed Chen completely grasped Wan Shan's consideration of his daughter Wan Bao'er in the future, and would rather die than let go. Unexpectedly, ignorance eventually harmed himself.
Since the afternoon of January 23, Wanzhenge has nearly 50 million in cash, although most of it should actually belong to the original Wanzhenge, but when the agreement was signed, it was the full authority to take over the creditor's rights and debts, so the cash recovered belongs to the current Wanzhenge Industrial Group Company.
Originally, Ye Tianmin still wanted to take over the latter operation, and take out a loan or a line of credit in Rafa Imperial Bank again to tide over the crisis. Unexpectedly, the greed of the Chen family brothers and sisters finally fulfilled themselves.
With such "abundant" funds, according to Ye Tianmin's arrangement, the part of the salary owed to employees will be made up at one time of 2 million, and the rent and office expenses will be paid in full by 1 million. The drug supplier paid 50%, the real estate materials were paid in full 15 million, the builder's equipment lease and personnel costs were paid 50%, and the bank loan interest was 8 million, which was spent 44 million at one time.
In exchange, Wanzhenge Industrial Group began to work normally, and the supply of drugs continued to operate normally. It is promised that the real estate builder will start in a month, and make up all the arrears, and the bank loan will be recycled, and the internal warning will be revoked.
......
With little left in his hand, Ye Tianmin still paid Luo Yangyu 1 million remuneration, but what Luo Yangyu didn't expect was that Ye Tianmin invested another 2 million to Luo Yangyu, with only one condition, Luo Yangyu's law firm in Nanyun City He accounted for 40% of the shares, and Luo Yangyu held the shares on his behalf.
To put it bluntly, this investment is equivalent to making Luo Yangyu's opening a little less difficult. A law firm cannot be very big by relying on a lawyer alone, usually a partnership, but Luo Yangyu, who has funds, can offer better conditions for lawyer partners to be willing to participate.
Ye Tianmin's original intention of investing in Luo Yangyu as a law firm was also to leave the most loyal legal aid team for himself in the future. He doesn't dare to say that everything he does in the future is risk-free, but with a team of lawyers, the possibility of risk will be reduced, and it will also provide sufficient legal services for his future development.
According to Ye Tianmin's thinking, Luo Yangyu did not give the law firm any other name, but used his own life and became "Nanyun Luo Yangyu Law Firm." ”。
The first thing the law firm did when it was established was, of course, to provide services for the legal work of Wan Zhen Court, and it was logical that an office was requisitioned free of charge at Wan Zhen Court's headquarters.