The film and television city starts from the courtyard

Chapter 2232: Depressed

In fact, Sun Feifei herself knew very well that although her idea was feasible, the possibility that Zhao Shucheng would agree to it was very small.

After all, this is equivalent to transferring the benefits that originally belonged to Zhao Shucheng to the benefits of others. Everyone benefits, only Zhao Shucheng will suffer losses and even bear great risks.

Fu Chun himself knew very well that it was not an easy task to persuade Zhao Shucheng, and he might even be rejected as soon as he proposed it.

But Fu Chun does not have many choices now. If he cannot properly solve this problem, Huachang’s equity issues and corporate nature will be subject to great criticism in the future.

While Fu Chun and Sun Feifei were worrying about this, Ma Xiaotian and Li Wen were discussing the Huachang debt-to-equity swap while driving.

"A leader of the financing department whom I met in Beijing before is going to come to Hai City tomorrow to attend the negotiation meeting on Huachang's debt-to-equity conversion. This is bad news for us. Originally, their debt-to-equity conversion was still in the discussion stage, and they thought we still had time. We did not hesitate to purchase Huachang's debt at a high price, so as to take the initiative in future negotiation meetings."

"But I just heard that Huachang has signed a loan contract with Lei Dongbao, a local farmer, and the money has even been transferred to Huachang's account. If they use the money to repay the debt, then all our previous investments will be wasted, and we may even suffer losses."

Li Wen said: "I always felt that Fu Chun would not give up so easily."

Ma Xiaotian asked: "Then how can we make your old classmate admit defeat?"

"It's difficult. If it were me, I wouldn't give up easily."

Ma Xiaotian said: "From what I know about you, you have never admitted defeat."

"Perhaps the only reason I came to Hai City is to make him admit defeat in front of me."

Ma Xiaotian said: "The cost is too high."

"No matter how high the cost is, I can accept it because you are more willing to see his defeat than I am!"

After Ma Xiaotian and Li Wen returned to the company, Li Wen went to handle the company's daily affairs, while Ma Xiaotian called his employees together to discuss how to proceed next.

After all, if he can't find a way to resolve the Huachang debt-to-equity conversion issue, then when it really becomes a reality, or even if Huachang repays the purchased debt first, then all his efforts will be in vain.

He asked his men to send invitation letters to Huachang's creditors, requesting a copy for each person, preparing to suddenly purchase all the debts of everyone, thereby gaining a certain degree of voice.

Fu Chun is also taking action, inviting all creditors to open accounts at the company and discuss debt-to-equity swaps, hoping to disperse the equity and prevent Xiao Lei's family from dominating the market.

Zhao Shucheng naturally also knew the news, and he learned it from Dai Jiaofeng. Dai Jiaofeng got along well with Sun Feifei, so she specifically told her to let Zhao Shucheng know so as not to misunderstand Huachang's operation.

In fact, Zhao Shucheng didn't care about Fu Chun's behavior, because no matter whether Zhao Shucheng was converting debt into equity alone or with others, as long as Huachang was well managed, profitable, and even distributed dividends, it would be a good thing for him.

In fact, Zhao Shucheng sometimes couldn't understand why Huachang was in such a predicament. It only needed tens of millions of funds to completely revitalize the company and regain its vitality, but everyone turned a blind eye to it and even watched Huachang fall into a desperate situation.

Although Ma Xiaotian from Will Company was the one who interfered, there were more people who watched him die without helping, and even added insult to injury.

Dai Jiaofeng looked at Zhao Shucheng's calm demeanor and asked, "Dongbao, aren't you angry?"

"Why should I be angry?"

"But you agreed before that you would lend money to Huachang to let them repay their debts, and then carry out the debt-to-equity swap, but now Fu Chun and his men have gone back on their word."

Zhao Shucheng smiled and said, "In fact, I didn't think that I could do the debt-to-equity swap with Huachang on my own. After all, if Fu Chun is a qualified entrepreneur, he would not let me dominate alone, or even endanger his control over Huachang in the future."

"But we paid such a large sum of money, we can't just sit back and do nothing and let them bully us like this, right?"

Zhao Shucheng smiled and said, "How can this be considered bullying? This money is a loan. Regardless of whether all debt can be converted into equity, Huachang will have to repay the loan in the future, and even pay interest."

He held a document in his hand and handed it to Dai Jiaofeng, asking her to take a look. He continued, "Take a look. This is Huachang's current debt and asset situation. If Huachang refuses to swap debt for equity, or even fails to do so, then Huachang will need to repay nearly 1 billion yuan, and will be completely insolvent. Of course, if Fu Chun uses part of the money I lent him to repay debts and part to operate Huachang, then we will take the lion's share of the debt. At that time, whether it is a merger or acquisition or a stake, there will be a lot of room for discussion."

At the same time, Huachang’s creditors, invited by Fu Chun, were also gathering together to discuss.

They originally thought that Huachang had a bright future and were very interested in debt-to-equity swaps. But they did not expect that after leaving Huachang, they would be stuffed with a stack of documents containing Huachang's debt details and asset status, which showed that Huachang was already insolvent.

These people are not happy with this. They originally thought that Huachang had a bright future and that even if Huachang had debts, it would not be insolvent. But the current situation made them feel that they had been deceived.

On the surface, if the debt was converted into equity, they would become shareholders of Huachang, but they felt that they were Yang Bailao, shouldering the debts of Huachang Company. They all thought that Huachang was a fraud and prepared to have their lawyers sue Huachang.

Ma Xiaotian was naturally very happy with these people's ideas, and thought that he could appear at the right time to acquire the debts in their hands. However, Ma Xiaotian was not really stupid enough to raise the price again, otherwise those people would definitely doubt whether there was any profit in it.

He did not plan to pay directly, but planned to sign the contract first, and then transfer the money to these people after a while. Besides, he could not take out so much cash at once, and most of the funds had been invested in the stock market, which would not be settled until June.

Li Wen also agreed to sign the agreement first. She had complicated feelings towards Fu Chun and did not want these furious bosses to sue Fu Chun because of this matter.

When the CEOs heard that Will was going to buy the debt, they initially suspected that there was something they didn't know about. But when they saw that the other party was going to pay within a few months, the temptation was too great for them. Huachang's debt had lasted for more than three years, and if they could get the money in a short time, it would relieve a lot of pressure on the company.

"Mr. Li, since your company has such a good intention, why can't we support this business together?" Ma Xiaotian said: "There can only be one captain on a ship. Our company has strong funds and world-class elite experts. Although we are sure that Huachang will make money in the future, we must first acquire and occupy it, which costs more than 200 million. If anyone here is willing to do this, we are willing to be a bystander."

When those CEOs heard that they needed more than 200 million yuan, they were speechless. After all, their own business conditions were not very good, especially after the frequent outbreaks of triangular debts in the past few years, it was good enough for their companies to be maintained. It was impossible for them to come up with more than 200 million yuan to win over Huachang, whose prospects were uncertain.

Ma Xiaotian's strategy was successful. Some corporate bosses now do not seek credit but only want to avoid mistakes, so they happily signed a debt transaction agreement with the other party and agreed on a payment period in a few months.

Will Company even specially asked Fan Qiang to report this matter in the newspaper, as if to show off Will Company's wealth, or to demonstrate to Fu Chun.

After seeing the news, Fu Chun couldn't help but frown. He originally thought that if half of the creditors agreed to convert debt into equity, Huachang would still be able to hold half of the shares and have the right to speak. He could also use Zhao Shucheng's loan to allow Huachang to complete the construction of Huachang Building and villa area.

However, Will's covetous eyes forced him to consider whether he should first repay the debt acquired by Will, so as to avoid Will's coercion and inducement, which would allow Huachang to continue to be stuck in the mud.

Ma Xiaotian didn't know what Fu Chun was thinking. He started celebrating with Li Wen with some pride.

"Come on, let's toast to our successful acquisition of the debt!"

"cheers!"

Ma Xiaotian said: "We acquired 80 million in debt, but according to the contract we only need to pay 70 million, and there is no interest."

Li Wen also smiled and said, "We will pay off the 70 million in a month. In fact, since we have Huachang's debt, we have to ask them to add the interest for the same period. Even if we follow the Bank of China's standards, it will be several million every year. Including the interest in the past few years, we have more than 100 million in Huachang's debt."

Ma Xiaotian thought for a moment and said, "That is, we used 70 million yuan to acquire Huachang's 140 million yuan debt. Based on Huachang's total capital, we already control one-third of it."

Li Wen also smiled and said, "Yes, it seems that Huachang is really going to change its owner. Cheers to our success!"

She and Ma Xiaotian were not aware of the loan agreement signed between Zhao Shucheng and Fu Chun, nor did they know how much money Zhao Shucheng had lent to Fu Chun. After all, they had calculated clearly before that although Huachang had a lot of debt, it could get out of trouble with a one-time loan of tens of millions, so Fu Chun probably only borrowed tens of millions, less than 100 million. They felt that if they could use this part of the debt to negotiate with Huachang, then there was a high possibility that Huachang would change hands.

"Maybe Fu Chun and I should have a final showdown!"

Li Wen said: "I think I should be the one to show my hand!"

"why?"

"Less bloody."

Ma Xiaotian smiled and said, "Do you think Fu Chun and I will have an 18th century British-style duel?"

Li Wen smiled and said, "The problem is that you can't beat Fu Chun at all. When I was in school, I saw him beat three hooligans who came from society and wanted to tease us female college students."

"That female college student is you, right?"

"Yes, there is another one!"

Ma Xiaotian smiled and said: "A hero saves a beauty, that's what I thought!" But he didn't think that he was really no match for Fu Chun, and besides, a fight might not really happen.

Fu Chun and Sun Feifei were also discussing what Huachang should do next. Originally, they thought that after borrowing the money, they would use part of it to repay the debt and part of it to develop the company. But now Will was eyeing them, so Fu Chun couldn't just ignore it.

"Fei Fei, it looks like this time we either have to choose to pay off the debt that Will bought and discuss debt-to-equity swaps with other creditors, or let Will become our shareholder again."

Sun Feifei looked at Fu Chun who seemed a little worried and asked, "So, Mr. Fu, what do you think?"

"My opinion is not important. Their opinion is important now. If Will Group insists on not agreeing to the debt-to-equity swap, then we can only repay their debt first and then seek debt-to-equity swap. But in this case, Huachang's equity is likely to be less than one-third. Even if we let the Lei family hold shares as you said, they will still hold half of the shares and become our major shareholder."

Seeing Fu Chun looking a little unhappy, Sun Feifei said, "Can we discuss with Mr. Lei whether they can convert half of their debts into shares instead of all of them? Then can we continue with the implementation?"

"It's easy for you to say. But if the meat is right in front of your mouth, will you choose not to eat it?" Fu Chun smiled self-deprecatingly.

"But maybe it's really feasible? Since Mr. Lei is willing to lend us the money and hasn't set a time limit for the debt-to-equity swap, maybe everything can be negotiated?"

Fu Chun felt that Sun Feifei's thinking was too simple. Ever since Huachang encountered difficulties and Will Company was preparing to merge Huachang, he no longer believed that other people would really help him without any ulterior motive.

"Forget it. Things will work out when the time comes. We can only take it one step at a time. We will hold a creditors' meeting tomorrow and invite all the creditors to come. We will give money to those who want money, and we will also consider whether to accept those who want shares as our shareholders."

Seeing Fu Chun like this, Sun Feifei felt somewhat sad for him. Fu Chun was so high-spirited at the beginning. It can be said that it was because she saw Fu Chun on the plane that she decided to come to Hai City to follow in his footsteps. But in the past year or so, things have changed. Although Fu Chun is still the same as before, he is rarely high-spirited.

She hesitated for a moment and said, "Boss Fu, I should contact Boss Lei. Maybe we can really make it happen."

However, Fu Chun did not think that Sun Feifei could really make a successful negotiation. After all, the funds involved were 300 million yuan. Given Huachang's current situation, if Zhao Shucheng had a little financial acumen, he would not choose to wait, but would seize the opportunity to turn the debt into Huachang's shares and thus gain more benefits.