Shanghai is prosperous

Chapter 196 The Company Is My Child

After laughing, Lao Xie said, my cousin’s construction company was just a small labor cooperative in our village back then.It is not easy to think about how this company has grown from scratch to what it is today.

Mr. Lin said, yes, the company is almost 27 years old this year.In other words, I have been working in this company since the beginning, and I have never left.It is like my own child, watching it grow up a little bit.

He paused for a while, and then continued, "Although the company is in great trouble now, from my own point of view, I still don't want to see it just like this, just because of the interruption of liquidity, so in my own decayed in his hands.

I have a general feeling.Xiao Xie said that our company has two methods for financing this time, choose one of them.The first is borrowing. The company promises to pay interest at twice the bank loan interest rate, and the lending period is at least two years.Of course, we can discuss the amount of interest according to the actual capital situation.

The second way is to invest in shares.There are also two ways of dividends, one is a fixed 12.00% per year, and the other is to participate in dividends according to the company's actual profits of the year and in proportion to the shares.But in terms of time, the shareholding cannot be less than three years.

Wang Yiyuan listened carefully, and took out the notepad he carried with him, and took notes on some key points.

Mr. Lin said that there are no outsiders in this financing, and I will tell you the truth.Because the company's liquidity is really tight now, we give priority to equity financing.That is to say, the company’s original registered capital is increased from 5000 million to 8000 million, and the registered capital shall prevail. The newly added 3000 million will be financed externally in the form of one share per share.

Wang Yiyuan opened several information bags, flipped through them, and took out the balance sheet, cash flow statement and income statement inside.

After looking at it carefully for a while, Wang Yiyuan said, from your reports, your company's net assets are more than 2000 million, which is close to [-] million.From this point of view, your financing in this way is equivalent to a [-]% discount. Doesn’t it seem that your original shareholders are at a disadvantage?

Mr. Lin smiled helplessly, and said, hehe, Xiao Wang, you may not be clear about the situation of the construction company. We are all asset-heavy industries and labor-intensive enterprises, so we have relatively more fixed assets.

In addition, the construction security deposit for the construction industry, the security deposit for the wages of migrant workers, etc., there is no way to pay less.Mr. Lin explained, if we still have a way, if it is not a last resort, who would want to wrong themselves to raise funds like this?
Xiao Xie added that all these materials are in the file bag.We Mr. Lin really had no choice but to do this. Now, survival is the most important thing.Once the liquidity is cut off, it will be in big trouble.

Mr. Lin also said, "However, I am still clear about discounted financing, and I am also very confident about my company's comeback."Our original idea was that we basically only raised money for relatives and friends.You are my cousin Lao Xie who has been asking for an introduction, so I will count you in.

We also know that the fat and water should not be left to outsiders.Lao Xie said, Xiao Wang, you know, as a teacher, my income is limited.Although your Aunt Fang opened such a restaurant, she has been supporting her son to study abroad in the past few years, and her family bought a house, so there is not much cash left.

Lao Xie said, but this time, I still plan to take out all my belongings.This is how I managed to get to 200 million, which is already my limit.

Wang Yiyuan looked a little embarrassed and said, our company is just a small factory, and I'm afraid we won't be able to spend much money.

Mr. Lin said, it doesn't matter, the amount of investment is up to you, and it doesn't matter if you don't invest.We are all friends, and half fellows from Ningbo. If we are needed in the future, we will be there whenever we are called.

Wang Yiyuan was about to speak when the phone rang and a text message came in.He picked up the phone and opened the text message. Xiao Xiaoxiao was asking, where are you in Qibao?I'll go pick you up.

Wang Yiyuan turned around, asked Lao Xie for the specific address of the restaurant, and then sent it to Xiao Xiaoxiao.

Lao Xie asked Wang Yiyuan, is there anything else?
Wang Yiyuan smiled and said, there is a friend who wants to meet me, and he will come here to pick me up later.It's okay, it will take a long time for her to drive here.You keep talking.

Xie, who came with him, was always the deputy general manager in charge of administration and personnel of the construction company. He was introduced by Lao Xie at the beginning, and he was also a distant cousin of Lao Xie.He asked Wang Yiyuan, Xiao Wang, can I ask you some basic data about your factory?
Before Wang Yiyuan came here, he already knew about the financing of the construction company, so he specially read the financial statements of the factory, and also checked with Wang Liping.He nodded and said, you're welcome, Mr. Xie, just ask.

After Wang Yiyuan answered some basic economic data about the printing factory, everyone in the room fell silent.

After a while, Mr. Lin spoke first.He glanced at Wang Yiyuan and said, Xiao Wang, you were still humble just now, but you were not telling the truth.As far as the data of your factory you mentioned, especially the cash flow and profit margin, and one year's business flow, are you still not satisfied?

Xiao Xie beside him couldn't help laughing, and said, Wang Yiyuan, your company is simply a clean stream, and it can be regarded as a high-quality company among high-quality companies.Did you know that the size of our construction company is many times that of yours?The current cash flow is negative.

Mr. Lin said, Mr. Wang, if you really invest this time, I can think of a way for you.

Wang Yiyuan looked at Boss Lin, not knowing what he was going to say, or what other plans he had.

Mr. Lin said, isn't your company's account with millions of cash lying around?You have prepared the relevant financial information of your company, and then typed out the recent year's flow.Let's look for a bank again, and use one loan for two, so that you can borrow the same amount of money from the bank, and in this way, the funds in your hand will be doubled.

And this operation?Why haven't I heard anything from the bank where we opened the account?Wang Yiyuan asked, but a few times they asked our factory if they wanted a loan, but we declined because we didn't need it yet.

That's such a pity.How can the company become bigger and stronger if you still don’t use the money that the bank offered you?Mr. Lin smiled and said, that's good. If you really have this idea, I will ask Xiaoxie and the relevant financial personnel of our company to help you.Among them, the handling fee is also ours.

Wang Yiyuan still had some concerns and said, I am really not very familiar with the construction industry.In this way, Mr. Lin, we have to think about investing in shares.

Seeing that Wang Yiyuan hesitated, Lao Xie said, Xiao Wang, if you are still not at ease, let me guarantee you this investment.My cousin's company, where my son is now, really needs liquidity injection now.If your investment is really lost in the end, my whole family and I can bear the responsibility.

Just as we were talking, Aunt Fang also went upstairs and opened the door to enter the private room.Wang Yiyuan stood up and hurried over to greet her.

Aunt Fang saw Wang Yiyuan, smiled and said, Xiao Wang, the last time I saw you, you were buying oranges at the stall under the Qixin Road viaduct.Hehe, I haven't seen you for three years. I heard that you have already become the boss.Lao Xie often talks about you, don't be too loud.

Wang Yiyuan touched a small glass of beer with Aunt Fang, and said, Aunt Fang, Teacher Xie and I still meet often, but we haven't seen you for a long time.

Aunt Fang pulled his son over and said, this is my son. He should be about the same age as you. In the future, Xiao Wang, if you come to Baixiang more often, the two of you should be able to play together.

Wang Yiyuan joked, saying that he is a returnee and I am a native turtle, so I dare not look forward to thanking Yiding.

Aunt Fang gave Wang Yiyuan a blank look, and said deliberately, Xiao Wang, you are joking.Xiao Xie has only been back from England for a year, and he is not very familiar with many things in China.Although you are from a grassroots background, you belong to the type of savage growth. In this regard, you can teach my son more.

After chatting and laughing for a while, Wang Yiyuan's mobile phone heard a text message again.Wang Yiyuan looked at the information and knew that Xiao Xiaoxiao had arrived downstairs.He greeted Lao Xie and Mr. Lin, and said, let me go back and think about this matter.I will hear back from you in a week.

Lao Xie and his son sent Wang Yiyuan downstairs to the restaurant.Until he watched Wang Yiyuan leave in the car, Lao Xie was still waving.He was thinking in his heart, this kid, when did he have a friend who can drive a Mercedes-Benz 600?

(End of this chapter)