What stopped me was Ni Bin and Ni President of Baofeng Investment.

The China headquarters office of Baofeng Investment Management is also in this Eurasia International Building, and I remembered it instantly.

"Oh, Mr. Ni, what a coincidence!" I quickly turned around, took his hand and said:

"I'm still talking to Zhang Qiang in the morning, I'm going to ask a few of you investors to get together a few years ago, and I'll meet you in the afternoon!"

Baofeng Investment is a large-scale RMB/USD dual-currency private equity fund company, with five or six equity investment funds with a scale of more than RMB 2 billion, focusing on investing in the Internet and cultural media industries.

They invested 200 million yuan in Yewang Technology's first additional issuance in 2012. The share price of Yewang Technology nearly doubled in 2013 and 2014, and Mr. Ni was very happy that when Yewang Sports raised funds in 2014, he invested 500 million yuan in Yewang Sports Company.

Now I guess he's starting to worry.

"Really? Mr. Zhang hasn't told me yet? A few days ago, I was still asking him, what happened to Mr. Wei of your sports company, why did he suddenly disappear? Sure enough, Mr. Ni asked.

"Oh, he guess it's still arranged, I have already confirmed with him in the morning that Yewang Sports Company will hold a shareholder meeting a year ago, and Guo Furong will send you a notice in the next few days. When the time comes, we will answer all these questions of yours. "I don't want to talk too much about him just yet.

"Yes, hopefully! There are a lot of rumors about your ambitions out there! The shares of Yewang Technology have fallen two times in a row! Mr. Zeng, you have to find a way to reverse the decline as soon as possible! Mr. Ni looked at me suspiciously and said, "My LP investors are starting to worry, tell me to withdraw the money quickly!" ”

"Understood, understood! We're already on the move! I said awkwardly perfunctorily.

"Hey, Mr. Zeng, seriously, can you buy back a little bit of the shares of our sports company? I've been investing in your fund for 5 years, and I'm ready to quit now. ”

"This might be a little difficult right now, let's see again next year!"

I just want to say goodbye to him quickly: "Mr. Ni, I'm sorry, the car I asked has arrived!" Let's meet with shareholders in a few days! Goodbye, Mr. Ni! ”

In the past few years, the partners of these fund companies have chased me to invest money, but now, the feng shui has been reversed, and I am afraid that soon they will chase me to pay me back.......

"How easy it used to be to get money, now it will be more painful to pay back."

Sitting in the car back to the office, I became more and more aware that the troubles of Yewang might have just begun.

"A strong man breaks his wrist!"

I remembered what Qingqing had just said.

Maybe that's the only way. If you can, sell some assets and withdraw some funds as soon as possible, maybe Yewang Group can still get through this difficulty.

"It has to be quick! Before the lawsuit of Shenlu Investment is exposed, it is best to withdraw some funds in case of emergency. "My thoughts slowly cleared.

Back in the office on the top floor, I said to Xiao Min at the door: "Xiao Min, you inform Mr. Zhang, Mr. Dong, Mr. Tao, and Mr. Lin Jun to come to my office at 9 o'clock tomorrow morning, oh, come to the boardroom for a meeting." The meeting is important, and no one is allowed to take time off! ”

The situation is urgent, and we must discuss with the core team as soon as possible to come up with a plan for the return of funds!

The next morning, everyone arrived at the boardroom next to my office on time, and Xiao Min made tea for everyone.

"Brothers, you are the core leaders of the company, and everyone should understand the current situation of the company,"

I got straight to the point: "The stock price of listed companies has fallen by two price limits in a row, and investors can't sit still; And the company's cash flow is also very tight, there are still debt collectors a year ago, everyone talks, what should we do now? ”

Several people were silent, and Lin Jun silently lowered his head and took a sip of tea.

"Boss, you can do what you say, we are responsible for the implementation!" Tao Hai couldn't help but say.

Zhang Qiang listened, sneered, and said: "Mr. Zeng, I have been thinking about this issue in the past few days, it is true that the situation of listed companies is very critical, and the impact of the sports company Wei Ke is very bad, which has caused the stock price to plummet. What's more, many of our loans are pledged with stocks, and if the stock price falls again, it will cause systemic risk. ”

"And what good advice do you have?" I asked.

"Well, now relying on public relations and publicity alone may not have much effect, and our performance last year did not have many bright spots," Zhang Qiang said while thinking: "The most direct and effective way may be to start a share buyback, but we don't have the funds to ...... right now."

"It's all nonsense!" Tao Hai muttered.

Zhang Qiang's face changed, and then he pretended to be smiling and asked, "Mr. Tao, then do you have any way to hear it?" ”

"The biggest problem of the company now is the lack of funds," Tao Hai replied: "All I can think of is that everyone goes out separately to borrow money, do their best, and borrow as much as they can!" ”

"Huh!" Zhang Qiang smiled.

"It's the end of the year, and it's hard to borrow money!" Lao Dong seemed to say to himself: "Not only can I not borrow money, but there are also people who come to collect debts." ”

"Lin Jun, how is the situation on the sports company's side now?" I saw that Lin Jun kept bowing his head and asked silently, thinking that he didn't want a sports company, what else is there?

"Mr. Zeng, the cash flow of the sports company is also very tight," Lin Jun said a little helplessly: "The platform ratings of American football, hockey, baseball and other overseas professional events bought by Mr. Wei are not ideal, and I am now trying to find a way to sell some broadcast rights like other platforms and TV stations to speed up the return of funds." ”

"Can you hold it?" I asked worriedly.

"It should ...... Yes,"

Lin Jun hesitated for a moment and said: "I have cut most of the marketing budget, and asked the personnel department to make a staff reduction plan, shrink expenses, and prepare for the winter." ”

"Well, good!" I nodded and said, "You're in your right mind!" Not only sports companies, but also listed companies and groups must do the same! ”

I glanced around with my eyes and said, "Now we can no longer have illusions, we can't expect the situation to improve on our own, we must act quickly to save ourselves!" Therefore, Lao Dong, our group's budget for next year will be redone, and we will see how to cut it again! ”

Lao Dong nodded.

"In addition, I will consider selling the financial business of the listed company and the mobile phone business of the group to shrink the front, what do you think?" I threw a bombshell.

Everyone was a little stunned, they didn't expect my movements to be so big all of a sudden.

"These two businesses have a large investment and fierce competition, and there is no hope of profitability in the short term, so I think it is better to stop losses quickly!" I explained.

"What about the car business?" Lao Dong asked weakly.

I understand what he meant: the car business is more invested!

But I have a promise to Liu Hongjun! Say yes, live up to him!

Thinking of this, I said, "The production base of the automobile company in Tianjin is almost completed, and the equipment has been booked, so I think it is better to stick to it." ”

Lao Dong was speechless.

"What else do you think, speak up and discuss together? Now our first task is one, to get the funds back! ”

"Then just sell the small companies that the group invests in, including car rental companies, luxury e-commerce websites, decoration design companies, etc.! It's all money-losing goods! Tao Hai proposed.

"Yes, that's it! Hurry up and do it! I agreed.

At that time, the company was wealthy, and the group wanted to engage in a portfolio investment.

It's better to get rid of it now.

"For the sale of mobile phone companies and financial service companies, everyone also went separately to find potential buyers, but be careful to keep it secret! When contacting the other party, you must sign a confidentiality agreement first, otherwise the news will spread, and I am afraid that it will have a negative impact on the stock price. ”

"Yes, I beg everyone, before the matter is done, you must keep it secret! The stock price of a listed company can no longer withstand any blow! ”

Zhang Qiang waved his hands at everyone worriedly.

......

Actions can undoubtedly reduce feelings of anxiety.

After the meeting, I felt that the pressure on my heart was much less.

Anyway, the direction was set, and the plan was laid out.

Now it's up to you to see how quickly you can get rid of these assets.

I seem to see a glimmer of life, and my mood is relaxed.

until

I went back to the office and just wanted to sit down, but when I turned around and caught a glimpse, Lao Dong followed me again.