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Chapter 140 The Four-Party Agreement

Chapter 140 Four-Party Agreement

"Mr. Hu, don't leave in a hurry. I have something to do with you."

The meeting ended and everyone left one after another. As soon as Hu Yang walked out of the conference room, Huang Xinpei stopped him from behind.

Hu Yang turned around again and followed Huang Xinpei to his office.

"Mr. Huang, you are really fast. Before I come back, you have hooked up with Xiangneng Co., Ltd. and Hengzhou Power Supply Bureau..."

As soon as Hu Yang sat down, Huang Xinpei almost vomited blood with just one word.

"What do you mean by hooking up? That's what I mean... Before you came back, those two families sent people to Xijiang. I think the price they ask is not high, not to mention that they can really help us a lot. Just

I agreed to them. Let’s not talk about it for now. Let me ask you, can the bank get some more loans?”

Huang Xinpei ignored Hu Yang's nonsense. He was still very tight on funds and it would be best to get another loan.

"I can't guarantee this. I'll go to the bank and ask first later."

Hu Yang also wanted to give his Huijia Industrial a loan, otherwise he would not have enough funds to participate in the reorganization of Hengbian. Of course, there is no conflict between the two matters in itself, but I don’t know if Section Chief Cai has any objections.

"Then please ask Mr. Hu quickly. We need to restart the production line at Hengbian as soon as possible. Every move now involves money."

Huang Xinpei felt like a running train, too exhausted to stop.

"Okay, I'll go to the bank in the afternoon. Mr. Huang, if there's nothing else, I'll leave first. I'll call you if I have any news."

Hu Yang had originally planned to go to the bank. Hengbian's restructuring plan had been decided and he had to raise enough 9 million as soon as possible.

After coming out of Huang Xinpei's office, Hu Yang got in the car and directly called Section Chief Cai and asked her to have dinner with her at noon.

"Mr. Hu, it is not a big problem for Xite Electric to continue to borrow money, as long as it is within the credit limit. However, it will be a bit difficult for you to apply for a loan from Huijia Industrial at the same time. So, first tell me what you are going to use as collateral.

Things? I'll help you find a way."

At noon, Hu Yang found a relatively clean restaurant for dinner. After hearing his idea, Section Chief Cai did not refuse directly.

"Huijia Industrial has no fixed assets, only some equity in external investments, such as part of the equity of Xite Electric and part of the equity of Yibaijia (supermarket)."

Hu Yang feels that although these two companies are not listed companies, they have good assets and banks will not refuse to use part of their equity as collateral.

"Mr. Hu, if you use the equity of these two companies as collateral, there will be no problem at all. I suggest you not to apply for Huijia Industrial's loan with me. In theory, no one will reject you at any bank you go to.

Yes. In this way, I will introduce it to ICBC for you, and then you can contact it yourself."

Section Chief Cai considered that Huijia Industrial and Xite Electric were related companies and loan review would be more troublesome, so he suggested that they be carried out separately.

Hu Yang smiled and thanked Section Chief Cai, and rushed to ICBC as soon as he got to work in the afternoon.

"Mr. Hu, it stands to reason that if you have a mortgage that meets the requirements, we can give you a loan. But you also know that money is tight this year, and it may take more than a month to get the loan."

The person who received Hu Yang was a man in his thirties. He said that he could consider giving Huijia Industrial a loan, but he would have to wait for another month.

The problem was that Hu Yang couldn't wait for a month. He could only thank them and left ICBC with regret.

Back at Hexin Building, as soon as Hu Yang walked into the office, Xia Bing knocked on the door and walked in.

"Mr. Hu, Vice President Wu from the Yibai family has been waiting for you for an hour."

Hu Yang thought for a long time before he figured out that Xia Bing was talking about Wu Maosheng. Didn't this guy know to call him first? Or was he too busy?

"Let him come over."

Not long after Xia Bing walked out, Wu Maosheng pushed the door in with a smile.

"Amao, what are you doing? Why didn't you call beforehand..."

Hu Yang looked at Wu Maosheng and was speechless. He really didn't know what kind of cramp this guy had.

"I have something to meet with you. How could I make it clear on the phone? I'm on vacation today, so it doesn't matter if I wait for you a little longer." Wu Maosheng sat down and explained, and then quickly got to the point: "I want to exchange shares of Xite Electric for

Do you want to take advantage of the shares in Yibaijia (supermarket) you hold?"

Hu Yang was really not surprised by Wu Maosheng's suggestion, but he just didn't understand why this guy looked so anxious.

"Is Xijiang Friendship ready to take action? Are they planning to control Yibaijia (supermarket)?"

Soon, Hu Yang figured out what was going on. It was very likely that Zhang Zhongyi was planning to acquire the shares from various shareholders, and Wu Maosheng was afraid that if he acted too late, Hu Yang would sell the shares to Xijiang Youyi.

"Hehe, I really can't hide it from you. Mr. Zhang from Xijiang Friendship has already approached Miss Tang, and his valuation for Yibaijia (supermarket) is 1.5 billion. I heard that Tang Ziyu has verbally agreed to him,

That’s why I came to you quickly.”

In the second half of the year, Fei Zhijun is also planning to open a new store. Yibaijia, which owns three large supermarkets, is definitely worth the price.

Since Wu Maosheng has told this matter, his bid will not be lower than this. Although Hu Yang also wants the equity of Xite Electrician, he needs cash more now.

Seeing Hu Yang's silence, Wu Maosheng became a little anxious and said: "Yang Yang, I will also use the valuation of Yibaijia at 1.5 billion, and Xite Electric will use the valuation of 100 million. Let's exchange the equity.

.Give me some time for the shortfall and I will make up the cash. What do you think?"

Wu Maosheng now holds 3.6% of the equity of Xite Electric, with a book value of 3.6 million yuan. Hu Yang holds 25.46% of the equity of Yibaijia (chain), with a book value of 38.19 million yuan, which is a big difference.

At present, what Hu Yang needs most is cash, and he also believes that if Wu Maosheng is given time, he may be able to gather enough funds. But the problem is that Hu Yang lacks time.

"Amao, I won't hide it from you. Recently, I have to participate in a corporate restructuring case, which requires a large amount of funds. I originally wanted to get a loan, but I went to two banks and couldn't get it. So,

I can't promise you. Or I can consider exchanging your equity in Xite Electric, and I will definitely liquidate part of Yibaijia's shares. I hope you can understand."

Hu Yang tried his best to make what he said not sound so blunt, so as to prevent Wu Maosheng from thinking too much.

But the facts are facts, he really needs cash.

"Hey, you should have told me earlier! You just lack liquidity. This matter is easy to handle. Just wait, I will go out and make a phone call first..."

Wu Maosheng's reaction was beyond Hu Yang's expectation. He looked at the other person's disappearing back and couldn't figure out what this guy could do.

It didn't take long for Wu Maosheng to come back, and he said proudly: "Yang Yang, I will give you the 3.6% equity of Xite Electric I hold, and I will give you an advance payment of 10 million yuan. In your hands, Yibaijia (

Leave me the shares in the supermarket. I will transfer all the remaining funds to you within one month at most, and we will go through the relevant procedures at that time."

For now, the industrial and commercial registration of Huijia Industrial has not been changed. Hu Yang, Li Hao and Wu Maosheng all signed an agreement before.

"Are you sure?"

Hu Yang had to confirm again. He really didn't know whether Wu Maosheng could do this.

"How dare I deceive you... Hurry up, let's sign an agreement right now. As long as we sign the agreement, I will immediately have someone transfer 10 million to your account. Is this okay?"

Wu Maosheng seemed confident, while Hu Yang asked Xia Bing to arrange for someone to prepare an agreement.

Half an hour later, Hu Yang and Wu Maosheng signed an agreement.

Hu Yang transferred 25.46% of the equity of Yibaijia (supermarket) held by Huijia Industrial to Wu Maosheng for a total price of 38.19 million yuan. Wu Maosheng transferred 3.6% of the equity of Xite Electrician held by Huijia Industrial for a price of 3.6 million yuan.

Jia Industrial, and promised to pay 10 million yuan immediately after the agreement takes effect, and the remaining 24.59 million yuan to be paid within thirty days.

"Yes, now I only have the equity of Xite Electric Co., Ltd."

After signing the agreement, Wu Maosheng asked Hu Yang to wait. He said that someone would deliver the check soon. Hu Yang sat down and chatted with Wu Maosheng, and for a moment he felt a little emotional.

"Aren't your uncle and I the same? I transferred all the shares of the Desert Chuiyan Catering Management Company to my uncle, and he promised to transfer the shares of Yibaijia to me later. It's really interesting to say that the three of us are equal to each other.

One person invested in a company."

What Wu Maosheng said was correct. Now the three of them are focusing on one direction.

"Well, let's wait until next month. We will complete all the procedures next month, otherwise it will be difficult for me to keep accounts here."

Hu Yang and Wu Maosheng chatted casually. Less than an hour later, someone actually sent a check for 10 million yuan.

Wu Maosheng put away the agreement, said goodbye and left. From beginning to end, he did not mention where this huge amount of funds came from.

Of course, Hu Yang would not ask, because this matter had nothing to do with him. Now that he had ample funds, he no longer needed a loan, but he helped Xite Electrician borrow another 50 million yuan.

A week later, representatives from Xiangneng Co., Ltd. and Hengzhou Power Supply Bureau Industrial Corporation gathered in Xijiang, and with Huang Xinpei and Hu Yang, the four parties formally signed a restructuring agreement for Hengbian.

As a result, Xite Electric Hengzhou Transformer Co., Ltd. was announced and production officially resumed half a month later.

.........

Xijiang in midsummer is a dry and hot season.

Wu Maosheng has transferred all the funds. Except for the 9 million yuan invested in Xite Electric Hengzhou Transformer Co., Ltd., Huijia Industrial still has more than 30 million yuan in idle funds on its account.

At the moment, Populus euphratica has no new investment plan, and the company has a window period. So he decided to organize all employees to go out for summer vacation, and the destination was Tianchi.

Tianshan Tianchi is a world natural heritage and a national 5a tourist attraction. It is about 100 kilometers away from Xijiang City and is definitely a good place to escape the heat in summer.

Xia Bing contacted a tour bus, plus a Crown from the company and a Santana from Populus euphratica, and all the employees set off from the company early that morning.
Chapter completed!
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