Chapter 597: Unspeakable
Guan Yuntian suddenly realized, when he talked about the need to evaluate the asset situation, Lao Zhu was very unhappy, but that is a work that must be done, in order to show fairness and transparency, the assets and liabilities of both parties must be assessed by qualified third-party institutions, which is a requirement of the regulatory authorities, as long as it involves listed companies, no one can be an exception.
As the leader of a listed company, Lao Zhu certainly knows this rule, and he will not have any objection to hiring a third-party agency to evaluate the company's assets and liabilities, but what worries him is the hundreds of thousands of appraisal fees that need to be paid. Because Kaiyuan's daily expenses still have to rely on bank loans to maintain, he doesn't know how to raise this large amount of appraisal fees.
Although the company is suspended, it is also a listed company, and if you can't even get hundreds of thousands of yuan in appraisal fees, I'm afraid no one believes it, and in front of the three leaders of Changda Group, Lao Zhu is embarrassed to say such an embarrassing thing.
Faced with the problem that Lao Zhu said, Guan Yuntian didn't quite understand, "Mr. Zhu, third-party evaluation, as long as you select a qualified institution and hand over the materials to them, what's the difficulty?"
"......", Lao Zhu moved his lips, as if the words came to his mouth and swallowed back.
"Ouch, our two sides have reached a cooperation intention, you happy person, is there anything else you can't say?" Guan Yuntian said.
Lao Huang, the financial director next to Lao Zhu, took it, "Mr. Guan, there is no problem between us, what Mr. Zhu is worried about now is the hundreds of thousands of appraisal fees for hiring a third-party agency to evaluate assets and liabilities, not afraid of your jokes, Kaiyuan Company is really stretched thin in terms of funds." ”
No wonder Kaiyuan Company is in a hurry to reorganize externally, they can't even get hundreds of thousands of evaluation fees, this former listed company, has reached the point of exhaustion, otherwise, with their identity as a local state-owned enterprise, and the shell of the current listed company, no matter what, they will not put down their bodies and take the initiative to seek restructuring externally.
For such an embarrassing situation, Guan Yuntian didn't know how to answer correctly for a while, for fear that that sentence would stimulate the other party's sensitive nerves.
The scene fell silent for a while, and after a while, seeing that no one spoke, Ye Jiayi broke the silence, "Since this question has been raised, may I ask the leaders of Kaiyuan Company, what ideas or plans do you have?"
"Yes, Mr. Zhu, what do you think? Now that you have become friends, let us talk about your thoughts and let us overcome the difficulties we encounter together. "Guan Yuntian said.
Chairman Lao Zhu and General Manager Lao Hou seemed to be difficult to speak, and finally Lao Huang, who was in charge of finance, said: "Mr. Guan, for the evaluation of assets and liabilities, can the two of us hire the same intermediary agency?"
"This ...... Guan Yuntian paused, "Yes!"
"In addition, can Changda Group help us pay the appraisal fee of Kaiyuan Company? No matter how much, this money can be deducted from Kaiyuan's share capital in the future. ”
Lao Huang took a lot of effort to say this, after all, this is equivalent to borrowing money from the other party, but the board members of Kaiyuan Company and several leaders of Changda Group had never known each other before, and they borrowed money when they met for the first time, so it was embarrassing to say anything. Seeing that the two main leaders of the company did not speak, as the financial director, Lao Huang had to be cheeky and say what they thought.
"This ......", Guan Yuntian looked sideways at Ye Jiayi and Lao Ding, but it could be seen from the expressions of the two of them that they would not express their stance on this kind of thing, and let Guan Yuntian decide for himself.
Guan Yuntian thought for a while, "Who made us friends? Isn't it just a few hundred thousand yuan in appraisal fees? Since Kaiyuan Company and Changda Group are going to become a family in the next step, we agree to Kaiyuan Company's request, which will be paid in advance by Changda Group and deducted from your share capital in the future." ”
Lao Zhu's hanging heart finally let go, "Thank you Mr. Guan and Changda Group for your understanding and support!
"Mr. Zhu, we are friends, there is no need to say polite words, in order to hurry up, now I want to know which intermediary agency you plan to hire?" Guan Yuntian said.
Because they had operated Kaiyuan Company to go public before, Lao Zhu and Lao Huang originally knew one or two domestic appraisal agencies, but now they want to let Changda Group pay the appraisal fee in advance, even if Guan Yuntian asks for their opinions, it is difficult for these two people to designate the intermediary agency they are familiar with, "Mr. Guan, we are not very familiar with the appraisal agency, or you decide." ”
"We ...... , Ouch, I'm not familiar with this aspect either, Mr. Ye Ding, have you been in contact with those institutions?"
Ye Jiayi replied without hesitation: "PwC's qualifications and credibility have nothing to say, their domestic branches have done audits and evaluations for many listed companies, and the reports issued by them have been highly recognized by the regulatory authorities. ”20
Guan Yuntian's daughter works as an accountant in the domestic branch of PricewaterhouseCoopers, and Ye Jiayi proposed to let this agency do the evaluation, she has two purposes: first, PricewaterhouseCoopers does have a very high credibility, the quality of the audit or evaluation is very high, and the evaluation report issued by this agency is basically not controversial; second, she wants to take this opportunity to introduce a single business to Guan Yuntian's daughter and help Guan Linshan in her work.
Hearing the name PricewaterhouseCoopers, Guan Yuntian knew Ye Jiayi's purpose, but he felt that the agency charged a higher fee, so he asked the other party for advice: "The PwC mentioned by Mr. Ye, of course, the evaluation quality is very good, but the fee is high, Mr. Zhu, what do you think?"
In fact, Lao Zhu has heard of PricewaterhouseCoopers, and he also hopes to find a credible appraisal agency, at least to ensure that neither party suffers, as for the appraisal fee is a little higher, it is a big deal that Kaiyuan Company spends an additional 180,000 appraisal fees, anyway, it is paid in advance by Changda Group, if it is treated unfairly in the appraisal process, this money is equivalent to a drop in the bucket compared with the equity loss suffered by the appraisal, "Mr. Ye suggested that PwC do the appraisal, which is an extremely reputable institution, and we agree with this suggestion." ”
"Without further ado, if a friend from Kaiyuan agrees to hire PricewaterhouseCoopers to do the assessment, please prepare the relevant materials as soon as possible after you go back, and we are responsible for contacting the evaluation agency. Mr. Zhu, do you think we still need to send people to form a working group to cooperate with the evaluation agency to carry out the work?"
"I don't think it's necessary, they are very professional evaluation agencies, we only need to provide the necessary materials, and the specific work is all left to them. "Kaiyuan Company was already short of cash, and Lao Zhu was afraid that it would cost extra money to send someone to assist in the work, so it was better to hand over the materials to the appraisal agency and not care about anything.
The two sides quickly reached a consensus on the specific details.
......
This on-site visit not only basically clarified the actual situation of Changda Group, but also reached a cooperation intention between the two companies, and all members of the board of directors of Kaiyuan Company felt that it was worthwhile. On the way back, Lao Zhu asked his colleagues what their impression of Changda Group was, and everyone said what they thought: "From what we have learned, Changda Group is the ideal partner of Kaiyuan Company. ”
Back at the unit, Chairman Lao Zhu instructed the relevant personnel to seize the time to prepare materials and strive to start restructuring negotiations with Changda Group as soon as possible.
After more than a month of intense work, the domestic branches of PricewaterhouseCoopers completed the asset appraisal report of Kaiyuan Company, and also evaluated the assets of Changda Group's provincial pension institutions. Relatively speaking, Kaiyuan company because of the age, the suspension of the accounts during the period is more chaotic, not standardized enough, spend more energy and man-hours, and Changda Group's pension institutions in the provincial capital, on the one hand, is a newly established enterprise, the accounts are relatively simple, plus the financial management of Changda Group has always been more standardized, the evaluation process is naturally much simpler.
After receiving the appraisal report, although the final asset value of Kaiyuan Company was 30 percent lower than the book value they submitted, Lao Zhu and his colleagues on the board of directors knew better than anyone what their company's accounts were.
I thought that after the evaluation was over, I could start the specific negotiations on the restructuring matter, but I didn't expect that more than half a month after the evaluation report of PricewaterhouseCoopers was delivered, and I didn't get any news from Changda Group.
This is more than half a month, and there is still no news from Changda Group, not to mention Lao Zhu's colleagues, even Lao Zhu himself can't hold his breath, he said to the office director: "There is no movement over there, do you want to make a phone call and ask what the situation is?"
"It's not good to call their Mr. Guan directly, it seems that we can't hold our breath here, why don't you ask Assistant Zhang and ask him to help inquire." ”
"Whoever he asks, don't think so much. Lao Zhu paused, "It's better for you to call Lao Zhang and ask him what's going on over there." ”
More than ten minutes later, the office director reported to Lao Zhu, "Assistant Zhang helped inquire, and he didn't say a specific reason, only that several CEOs over there seemed to be busy during this time." ”
"For such a big company, of course the CEOs are very busy. Hasn't he heard anything about the changes over there?" asked Lao Zhu.
"I haven't heard of this, but I don't think there should be any changes, right? In a company as big as theirs, a few CEOs don't look like people who go back on their word, maybe they can't take care of this matter because they are too busy with other things during this time. ”
Lao Zhu felt that what the office director said might be reasonable, "Well, that's possible." ”
After waiting for more than ten days, more than a month has passed since the two sides got the assessment report, and there is no news from Changda Group, Lao Zhu muttered in his heart: What kind of medicine is in the gourd of this Changda Group?
The outside world already knew that Kaiyuan Company was going to reorganize and re-list, so the endless wait made Lao Zhu feel uncertain, "No, I have to call in person and ask what Changda Group means?"