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Text Chapter 663: Revisiting old events

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    China Shipbuilding Industry Corporation has produced a thick asset report.  Although they make such a report every year, this time it is obviously more serious and the content is more detailed and true.

    Rong Shangguo did not hand it over to Su City. Instead, he applied for mortgage loans to several large state-owned banks and invited several familiar bank officials to dinner.

    Not surprisingly, several banks basically rejected his request, and at most they only provided symbolic loans of more than 10 million yuan.

    This is because of the huge profits of China Shipbuilding Industry Corporation, so they are willing to put several pieces of useless land into their mortgage list.  On the contrary, if China Shipbuilding Industry Corporation uses its own raw materials or ships as collateral, the loan money will be much more.  However, one disadvantage of using raw materials and ships as collateral is that every time it is withdrawn from the warehouse, you have to apply and explain to the bank.

    But no matter what method is used, it is impossible for China Shipbuilding Industry Corporation to obtain US$300 million, even the equivalent of the listed price of RMB 3 billion.  In 20 years' time, with the assets of China Shipbuilding Industry Corporation, they may be able to easily lend tens of billions of RMB, or billions of dollars, but at this time, they have to use their real estate and equipment to borrow money from banks.  It would be too difficult to come up with money.

    On the one hand, domestic money is tightening, and on the other hand, companies such as China Shipbuilding Industry Corporation are in slump.  Of course, China Shipbuilding Industry Corporation itself is quite prosperous. If it were not affected by the following tertiary industries and branches, it can be said to be quite good, but it is difficult for banks to make accurate judgments.

    Problems such as false accounts and personal relationships often force domestic banks to make one-size-fits-all decisions, especially for such large loans. If any bank lends to China Shipbuilding Industry Corporation, other central enterprises will immediately come to them.  It is very troublesome whether to give it or not.

    Therefore, Rong Shangguo's attempt to be dignified quickly failed.  At this time, he just put forward his suggestion at the meeting: sell some of the sealed fixed assets to Dahua Industrial to revitalize the assets and purchase new equipment to expand production capacity.

    In the 1990s.  Expanding production capacity is still very tempting among state-owned enterprises. Whether it is "making it bigger and stronger" or "diversifying development", it is all about expansion.  State-owned enterprises that cannot expand often fall into decline and regression. The so-called "grasp the big and let go of the small" will theoretically allow central enterprises to survive, but when it comes to specific enterprises.  This is still a sharp sword hanging on the forehead.

    Rong Shangguo did an excellent job in the preliminary work. He quickly obtained the consent of the team members and then passed the resolution at the formal meeting.

    Then, he reported his thoughts to the higher authorities.

    Although the sale of assets worth hundreds of millions of dollars is not a small matter, at the national level, it is not a topic of particular concern.

    Rong Shangguo personally supervised.  It took a few days to complete all the procedures and then approached Su Cheng.

    ¡­¡­

    "No, I don't agree." Dahua's investment projects will all go through Ji Runzhi. He was afraid that Su Cheng would lose face, so he immediately objected: "The properties offered by Mr. Rong are either in remote port areas or warehouses in the suburbs.  . The liquidity is very poor and the price is not cheap. Instead of buying the assets of China Shipbuilding Industry Corporation, we might as well buy the packaged mortgage assets directly from the bank, which is more cost-effective and has fewer problems."

    Rong Shangguo knew that the kid was difficult to deal with, so he said seriously: "We are going to use this money to expand production capacity. After purchasing new equipment and production lines, CSSC will be able to do more OEM and support for Dahua Industrial.  Isn¡¯t it beneficial to both parties? You buy mortgage assets from banks, why not buy them from us and let us use the funds flexibly.¡±

    This involves the group's business development. Ji Runzhi looked at Su Cheng.

    "Mr. Rong's idea is worthy of recognition, but the investment department can give more advice on how to deal." Su Cheng will naturally lower the price severely. This is not a transaction of hundreds of thousands or millions.  It's a multi-billion dollar deal.  Even if you are doing business with the country, there is no reason to give as much as the other party wants.

    ¡°Moreover, after Rong Shangguo gets the money, he will not turn it over to the state.  Not to mention that it will not all be used to purchase equipment, and a large part of it will inevitably be used for employee welfare expenses.  From this perspective, Chinese state-owned enterprises are actually very similar to Japanese companies. They both strive for their employees, and the benefits that shareholders receive are far less than those of American companies.

    Ji Runzhi is a very professional manager. After receiving the authorization from Su City, he immediately took action and said: "I will organize manpower to conduct an assessment immediately, but I have to explain that with the current economic and market conditions, CSSC  The discount must be based on the market price so that we can have a basis to continue the negotiation.¡±

    "For large customers, discounts are not impossible" Rong Shangguo and the others had already reached a consensus.  After all, China today is not like what it was more than ten years ago, with skyrocketing RMB assets and high land prices.  existIn 1994, not to mention the two to three billion yuan worth of land sold in packages, the two to three billion yuan real estate transactions were all large-scale transactions, which were less than the scale of medium-sized land transactions in a third-level town in later generations.

    Su Cheng, however, had his own ideas. Listening to the conversation between the two people, he immediately said vigilantly: "There must be a reason for the discount, and you cannot discount it casually."

    Ji Runzhi could not wait to roll his eyes, and said half teasingly, half as a reminder: "Dr. Su, shouldn't we be on the same side?"

    "Of course it's one sided. I think the lower the price, the better, but we can't risk the loss of state-owned assets by doing transactions." From the current perspective, what was a very normal transaction at this time will be more than ten years later.  No matter how it will be misinterpreted.  "Less of state-owned assets" is the most commonly used charge, and it is also a charge that is difficult to describe clearly.

    Su Cheng wants to make money through foresight, but he doesn¡¯t want people to think that he is taking advantage of the country.

    His request sounded a bit ridiculous at this time, but Ji Runzhi had always been strict about risk control, and he quickly started to think about it.

    After a while, Ji Runzhi nodded and said: "What do you think of this? We designate a bank and let them acquire the assets of CSSC, and we obtain them from the bankor we can borrow money, and we take away the bank's mortgage assets.  Designate banks to lend funds to CSSC"

    "Find a foreign financial company to do this." Su Cheng felt good.  The reason for joining a foreign financial company was that I was worried that I would lack sufficient credible information after the incident was exposed.

    If a foreign company is involved, the transaction details of both parties can be investigated from abroad.

    Rong Shangguo couldn't say whether he was satisfied or not, he was a little pinched in recognition.

    He really doesn¡¯t have many choices.

    Su Cheng personally sent him out of the office. When he went outside, he saw two cameras in operation.

    "What's going on?" Su Cheng frowned.

    "CCTV wants to interview you, an exclusive interview." Yang Ming walked over and explained in a low voice: "Jin Yanrou led the team here."

    "I won't accept the exclusive interview. Well, just ask her to come over and have a chat." Reporters like Jin Yanrou are very beautiful on the one hand and cooperate with publicity on the other. They are the media people that Su Cheng prefers.  Jin Yanrou has also done several reports for him, with good results, so naturally it is not convenient to persuade him to leave directly.

    Yang Ming went over to explain. As expected, Jin Yanrou did not force the camera to follow her, and entered Su Cheng's office with a notebook and pen.

    "Dr. Su, is it convenient to speak?" Unlike Su Cheng's expectation, Jin Yanrou was a little nervous at this time, and her big eyes that used to exude infinite charm turned into alert observation glasses.

    "Of course, I often have meetings in the office, and the room is very quiet."

    "You won't be eavesdropped?" Jin Yanrou turned around and checked the door lock.

    Su Cheng raised his chin slightly and said, "There is a dedicated person to check it, so it won't be eavesdropped."

    Jin Yanrou nodded as if relieved and said, "Do you still remember the last time you met with me and my six sons?"

    "Remember." Su Cheng sat down slowly.

    Just last year, Liuzi was "exiled" to the south for no apparent reason. He was suspected of receiving feedback because of some news.

    He asked Jin Yanrou to analyze the news reports written by Liu Zi, and finally set the target on a certain city.

    Jin Yanrou and the six sons once teamed up to conduct a secret investigation, but there was no result.

    Now it seems that at least there are phased results.

    Jin Yanrou gained Su Cheng's attention, and she felt much better. She raised her hair, smiled, and said, "Fortunately, Director Su remembered. I came here in the name of an exclusive interview this time, so I can't stay too long.  To make a long story short, Liuzi and I found the big tiger behind Wuxi."

    "oh?"

    "Tiger seems to have noticed something. Liu Zi and I are in a very dangerous situation I came here to seek help from Director Su."

    "Where are the Sixth Son?" Su Cheng neither had the excitement of a hero saving a beauty, nor the seriousness of upholding justice. Instead, he asked the topic he was most concerned about first.

    "He has gone into a deep investigation and it is no longer suitable to show up here. If Director Su is willing, we can make an appointment at a more private place."

    Su Cheng took a deep look at Jin Yanrou and nodded slightly.

    "You agreed?" Jin Yanrou didn't expect that Su Cheng didn't even ask who the big tiger was.

    Su Cheng still nodded and still didn¡¯t ask.

    He didn¡¯t want to get news from Jin Yanrou, because the reason for his agreement was Liuzi, not Jin Yanrou.

    Jin Yanrou also thought of this,He couldn't help but said quietly, "You two have such a good relationship."

    ??For a beautiful woman, there are not many experiences of being put in the second place or even ignored.

    Su Cheng smiled with some memories and said, "When I was a worker in the oil field, my six sons always helped me."

    Since the last meeting, Su Cheng has recalled and guessed what happened in Wuxi.  However, it is so old and it is not a secret in the oil field. Sioux City really cannot get many answers.

    " However, Liu Zi is his best classmate and the first friend he met when he came to this world. No matter what, Su Cheng will not ignore him.

    For Su Cheng, who was once involved in Azerbaijani politics, he has defensive means whether it is overt or covert.

    ¡°This is true abroad, and it is true domestically as well.

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