Rebirth in 1998 is also a kind of life

Imperial Capital, Yuetan South Street, after five o'clock in the afternoon.

Yang Zhu walked out of the Office of the Department of Promotion with a liberation bag on his shoulders, with no joy or sadness on his face; while Li Jun next to him looked a little gloomy.

After getting into the car, Li Jun finally couldn't help complaining: "Of the funds entering Huaxia within five years, in addition to physical investment, no less than 20% must be used to purchase and dispose of the domestic banking system. Bad assets?"

"The leaders are treating this money as our own!?"

"Why don't they see real foreign capital..."

"Shut up!" Yang Zhu stopped him immediately.

After quietly looking around, Yang Zhu heaved a sigh of relief, and then passed a cigarette over in a comforting manner.

He understood why Li Jun, who had always been calm, lost his composure.

This kind of terms with additional conditions is very common even in business, let alone the small circle gang?

If you simply spend 20% of your funds for long-term investment, that’s all. After all, before Gongzhu.com came out, the handling fee for money laundering in small circles would not be lower than this ratio. Presumably most people would not have any big opinions .

However, taking out 20% of the amount to take over the non-performing assets of the banking system is two different things.

Although it seems that they all pay the same "handling fee", and as long as the eyes are accurate, after purchasing domestic non-performing assets, it is very likely to make a lot of money in this area in a few years. From this perspective, compared with the past I don't know how much it will cost.

but……

What about after buying distressed assets?

Do you have to maintain the normal operation and preservation of these non-performing assets?

Do you have to help them pay off their historical debts?

Is it necessary to continue to pay the employees of those factories and enterprises that have been acquired?

Do we have to find a way out for their development, and even put a sum of money on them to upgrade their equipment and technology?

You know, the above has drawn a scope for myself and others, and more than half of these non-performing assets are enterprises with operating difficulties!

After such a complete set of calculations, it is optimistically estimated that at least 50% of the money that needs to be spent on these follow-up investments will be at least 60%, which is [-] billion US dollars!

This is not the end yet. In the next five years, no matter how much money the Small Circle Gang enters, it needs to be disposed of according to this ratio. This is going to kill me.

The people in the small circle gang are not stupid. Business operations are often metaphysics. At the moment, if you invest so much, you will definitely have output. If you spend so much money, it is very likely to be in vain. Do you think they will do it?

In the silence, Li Jun opened the car window and threw out the cigarette butt, and heaved a long sigh: "If the upper management only throws those non-performing assets to us at the industry price of 3 cents, it is not impossible to take over after careful selection;"

"But look, they generally offer us a [preferential price] of 1 cents, and those old bags in the mid-80s are directly given to us at a price of 1 cent. Isn't this killing people?"

The so-called 3 cents and 3 cents are called in the industry. To put it bluntly, it is the price corresponding to a one-yuan bond. 3 cents is a 3 percent discount, and 3 cents is a 0.3 percent discount.

If these non-performing assets are only fixed assets such as factories, any businessman naturally hopes that the discount will be as low as possible; but once it involves employees and historical debts, if it is implemented according to the previous wishes, the lower the discount, the loss. more ruthless!

Hehe, the above gave me a big problem!

Yang Zhu smiled wryly.

………………

At the beginning of the 21st century, there was a very famous saying on Wall Street - only fools and warriors would buy China's non-performing assets.

After 20 years of reform and opening up, a series of reform measures such as enterprise restructuring and capital privatization have directly caused the accumulated non-performing assets of Huaxia Banking Industry to reach an astonishing 1.4 trillion yuan.

The reason for the formation of these non-performing assets is simple-in the past 20 years, countless enterprises, especially state-owned enterprises, have often been able to borrow money from banks to pay wages even when they are insolvent;

Although some of these companies eventually succeeded in breaking through and became well-known companies.For example, the Hope Group, such as the Shuanghui Group developed from the Luohe Meat Factory in Henan Province;

But more are enterprises from all over the country, even if they get loans from banks, they eventually go bankrupt.

This kind of bank behavior of "blindly lending without considering risks" is completely unimaginable in later generations; but in the first 20 years of reform and opening up, it was an extremely common thing.

The reason is simple-at this time, the "finance" and "policy" of the local governments are not separated, and the banks that have not yet been privatized need to obey the will of the local government; and the well-known enterprises in various places have encountered difficulties in survival, even if they have a discerning eye. How can the local government just ignore it?

It stands to reason that with China's huge market size and economic development speed, non-performing assets of this scale should be the sweet pastry in the eyes of major capitals—after all, there are so many factories, land, products, brands, securities, etc. that are used for mortgages. Wait, many are of great value;

But it is a pity that because China's system is completely different from that of Western society, these non-performing assets are not generated under pure market behavior at all. China's current requirements for enterprises to deal with these non-performing assets are also completely different from those of the West. Therefore, major foreign financial institutions Capital and industrial capital are quite afraid of it-not to mention the strict requirements for business re-spin-off, Huaxia currently has no secondary and tertiary markets to take over, how do you let them play?

But now, Yang Zhu has encountered this kind of trouble, and there are only two paths in front of him:

Or, one shot and two splits, let them handle the 120 billion US dollars of the small circle gang, whether it is a loss or a profit to do other things;

Or, bite the bullet and accept the above conditions, and then use all your strength and means to revitalize these non-performing assets whose actual long-term value may reach tens of billions of yuan.

………………

After pondering for a long time, when the car arrived at Li Jun's company office in the imperial capital, Yang Zhu finally raised his head: "You will give your cousin a call later."

"My idea is that the first batch of 120 billion U.S. dollars can enter the country, and I will help them cover the 10% annual rate of return they demand; but...the subsequent funds will not come in for the time being."

Hearing this, Li Jun trembled, and the car almost stalled: "Mr. Yang, you are crazy, you want to agree to such a harsh condition from above?"

Yang Zhu nodded: "If it is just to take over 24 billion US dollars of non-performing assets, I can still digest them with the foundation of Zhutou Commerce and Zhutou International Trade. If they are selected and operated properly, those companies can also become part of our business map. a beneficial supplement;”

"However, in the next five years, if such a large amount of business is squeezed in every year, I will definitely not be able to digest; therefore, let's make such a one-shot deal first!"

Li Jun knew that Yang Zhu was making some big moves recently, so he was extremely eager for funds, so he was willing to bite his neck to take over such a mess, but he was still a little embarrassed: "But you also know that the 120 billion yuan from the small circle is just It was used to find the way, if you only accept such a one-shot deal, what will you do with the rest of the money?"

"Also, the Xiaoquan Gang has now formed a strategic alliance with other gangs like 14k. If the domestic road works, there is no reason for other gangs not to follow up with funds;"

"People on the Tao value both interests and loyalty. We agreed to advance and retreat together, but in the end, only the small circle helped to eat and eat alone. How does this make other gangs think of us? If it goes wrong, it will affect their relationship."

Yang Zhu curled his lips: "The matter on your way is none of my business, so solve it yourself!"

Li Jun looked at him quietly: "You are the major shareholder of Gongzhu.com, and those gangs are the minority shareholders of Gongzhu.com and the operators of overseas subsystems."

Yang Zhu was at a loss for words, and then he remembered that gangs like Heshenghe and 14k were inextricably linked with him in this area.

Thinking of his other plans, Yang Zhuqiang restrained the mania in his heart, and after thinking for a while, he said, "It's still the same sentence, don't enter the country for the follow-up funds for the time being, as for what to do with the money..."

"Communicate with them and ask them to report an accurate number first, and then I will think about whether I can start a few projects in Europe and the United States, and digest the money while ensuring the return on investment!"

Li Jun is overjoyed. His new boss may have one or another bad problem in other aspects, which makes people feel unreliable, but his ability to make money is very convincing. Back then, Li Hu and others Insist on wanting Yang Zhu to take over the 120 billion US dollars, in the final analysis, there is also a reason - or do you think they have no other way to stop the loss?Taking a step back, it’s okay to use all the money to buy heavy metals or government bonds, right?

Seeing Li Jun's happy eyebrows, Yang Zhu felt even more irritable.

During today's negotiation process, he had a vague realization that the almost harsh requirements mentioned above were not so much "handling fees" as "admission tickets" - allowing him to enter the domestic soybean industry in an all-round way admission ticket.

You can see your true intentions from above!

In other words, at least the leaders of the Department of Promotion have seen their plan.

If as expected, nearly half of the long list of non-performing assets given to me at that time must be indebted companies in the three northeastern provinces—and they are definitely the ones with a debt ratio of not less than 90%.

hey~!

The series of actions I have taken in southern Yunnan can be said to be shooting myself in the foot!

If they hadn't been inspired by seeing themselves making big moves over there like a money-spreading boy, how could the higher-ups have followed suit and made such a move?

To be honest, if it weren't for the signing of the contract in southern Yunnan, he would definitely hide in the small building and become unified, so he gave up the idea of ​​fully entering the soybean industry.

Anyway, this is not his main business, and there are many traffic import products available to Gongyoujia, so why should he be so complacent?

After staying for a few years, when the beautiful country's enterprises hold most of the domestic soybean industry in their hands, wouldn't it be a pleasure to make some people regret it?

only……

He is still unwilling!

Thinking of this, Yang Zhu lowered his head sullenly, forget it, let's take a step first and hold the 120 billion US dollars in his hands first!

Just as Yang Zhu was lazily leaning his head against the car window, staring at the dusty Emperor in a daze, the phone rang, and it was Lu Feifei's call.

After picking up the phone, Yang Zhu was startled: "What! Is the little girl in the hospital?"

After hanging up the phone, Yang Zhu turned his head and said with no refusal: "Get out of the car, I will use this car!"

But Li Jun smiled, and then turned around when he saw the opportunity: "Go back to Quancheng, right? I'll drive. You squint in the car for a while. According to the current road conditions, it will take about ten hours."

Yang Zhu nodded: "Thank you!"

07:30 the next morning.

With a sudden brake, a dusty Crown car stopped at the gate of the Affiliated Hospital of Qilu University of Medicine.

Yang Zhu, who came back in the night train, waved to Li Jun who was in the driver's cab with a tired face, and hurried towards the inpatient department.

………………

In a separate ward, the little girl who just woke up looked at the sleepy Lu Feifei with some embarrassment after washing up: "Feifei, can I just eat eggs and not drink milk?"

Lu Feifei shook her head like a rattle: "No, the doctor said, you need to drink more milk in the past two days, so that you can recover."

Seeing the little girl holding the milk with a sad face, Lu Feifei was a little curious: "Sister-in-law, could it be that you are lactose intolerant and react more after drinking milk?"

The little girl shook her head. Although she has a slight intolerance to lactose and milk, it is not the reason why she is afraid of drinking milk, or has a slight stress reaction to milk.

As for why there is a milk stress reaction...

Thinking of a bad guy, the little girl's face turned red.

Lu Feifei looked at the little girl strangely, not understanding why she was blushing so hard, just when she was about to reach out to touch her sister-in-law's forehead.

Bang, the door of the ward was opened, and Yang Zhu rushed in with anxious brows.

"Brother, you're back so soon?" Lu Feifei looked at Yang Zhu in surprise.

Yang Zhu nodded slightly, looked at the little girl whose face was only a little pale and tired, but her spirit was fine, and breathed a sigh of relief: "Didn't you say that you have food poisoning, how is the situation now?"

Lu Feifei walked over and took the initiative to help him unload the liberation bag and hang it on the hanger: "After washing the stomach last night, I infused several bottles of fluids. The doctor said during the rounds this morning that nothing happened. I just need to take care of it for a few more days. You can leave the hospital."

The little girl said weakly at the side: "I think I'm almost recovered, and I can be discharged from the hospital today. This independent ward is very expensive, so it's worth it..."

Pop~pop~pop~!

Before she finished speaking, the little girl was pressed down on the hospital bed by Yang Zhu, and her buttocks came hard a few times.

"I'll make you search and search! I'll make you reluctant to throw away the overnight food! I'll make you such a big man with no common sense at all!" Yang Zhu was obviously impatient at this time, facing the peach butt that he couldn't put it down, his subordinates didn't care at all. No mercy.

And the little girl who knew she made a mistake didn't dare to resist at all, she obediently lay on her stomach and was punished, and after Yang Zhu stopped, she held her buttocks and explained bitterly: "But it's a pity to lose those meals, I don't want to... ..."

Before he finished speaking, Yang Zhu stared at him: "Look at you, you are already worth hundreds of millions, and you still live like a miser. You don't want to throw away a piece of cabbage left on your plate!"

"Look at the refrigerator yourself. It's full of leftovers. If you don't know, you might think that we poor people are going to beg for food!"

As soon as the words fell, Lu Feifei who was on the side burst out laughing.

My sister-in-law is good everywhere, but there is one thing - she is too picky about herself in life.

It was okay when my brother was around, but my sister-in-law was determined not to treat him badly, and she was eating all kinds of fish and meat, but she didn't mean to be soft-hearted when she tried to eat whatever Yang Zhu liked.

But when Yang Zhu was gone, my sister-in-law completely changed her appearance, a group executive + the proprietress ate steamed buns with a plate of vegetarian dishes, can you believe it?

What's more, my sister-in-law doesn't have a big appetite, and she often can't finish even one dish for dinner, so she often takes out the leftovers the next day and continues to eat.

As a result... Doesn't this lead to the problem?

Yang Zhu glared at Lu Feifei angrily, then turned his head and poked the little girl on the forehead with irony: "How many times have I told you that we are not poor before and can only eat free food in the cafeteria. It's time to drink the soup; the body is the capital of the revolution, and you are told to pay attention to your diet, but you just don't listen!"

The little girl looked aggrieved: "But, I think the steamed buns are delicious."

Yang Zhu glared again: "I won't say you love steamed buns, but what about fungus!?"

"Trouble you, please have some common sense. Cold fungus can only be soaked and eaten fresh. After overnight, the salmonella in it will seriously exceed the standard. If it is serious, it will kill you!"

"Fortunately, your condition was not particularly serious at that time, and you could still pick up the phone to call someone, or you would have hung up!"

The little girl looked at the anxiety in Yang Zhu's rage, somehow, she felt sweet in her heart, and the heat on her buttocks also eased a lot, she gently shook Yang Zhu's arm, and said pitifully : "Yang Zhu, I know I was wrong."

Seeing her sister-in-law praying for a kitten, Lu Feifei shuddered.

woo~

This wave of dog food was too unexpected.

When Yang Zhu saw the little girl's appearance, the anger in his heart dissipated a lot. After pinching her little face viciously, he picked up the milk on the bedside table and handed it over: "After food poisoning, drink more milk. Hurry up and drink it all up!"

The little girl hummed aggrievedly, then held the milk with difficulty and drank it in small sips...

But yes