Chapter 143 Creditors’ Meeting

To sell or not to sell? For Zhang Zhongyi, there is no need to choose. If he can exchange for a piece of land that is useless to him in exchange for all the shares of Yibaijia (supermarket) owned by Wu Maosheng, he will agree without hesitation.

"Mr. Wu, if you want the land, just say so. Why go through such a big detour? I have no objection to your proposal. We can discuss the details directly later."

At the level of Zhang Zhongyi, he will not decide the direction of the company based on personal preferences. For him, the most important thing at the moment is to control Yibaijia (supermarket), and then he can hand over a beautiful financial statement in the coming year.

Wu Maosheng smiled and did not expose Zhang Zhongyi. He actually knew that without using the equity to force Zhang Zhongyi, how could Zhang Zhongyi agree to sell the land?

Of course, nothing is important now. The important thing is that Wu Maosheng has achieved his goal.

"Happy cooperation! Mr. Zhang. I hope we can sign an agreement as soon as possible."

Wu Maosheng said goodbye to Zhang Zhongyi politely and went to see Qi Tianyu in a relaxed mood.

By the time Hu Yang found out about this, Wu Maosheng and the Zhejiang Merchants Chamber of Commerce behind him had already signed an agreement with Xijiang Friendship.

The two parties exchanged the shares of Yibaijia (supermarket) held by Wu Maosheng with a piece of land located in South Station of Xijiang Friendship at a reasonable valuation and price. The shortfall will be made up in cash.

Immediately afterwards, Xijiang Youyi announced the successful acquisition of Yibaijia (supermarket) and raised the company's profit expectations.

As soon as the announcement was released, the market responded enthusiastically, causing Xijiang Friendship's stock to rise by 22% within a few days.

The Zhejiang Chamber of Commerce has also revealed that they, together with their partners, will build the largest small commodity wholesale city in Xijiang at South Station.

Hu Yang feels that Xijiang Friendship, Wu Maosheng and the Zhejiang Merchants Chamber of Commerce have achieved a win-win situation.

"Amao, you are so awesome now! You have to play this game well. I admire you."

After the incident, Wu Maosheng came to explain the whole story. But in Hu Yang's view, this guy was more like showing off.

"Hey, compared to you Yang Yang, I'm still a little behind. But I will try my best to catch up with you,"

Wu Maosheng acted very modestly, but the pride that could not be hidden on his face was his true inner reaction at this moment.

Hu Yang didn't bother to look at his appearance of a villain's will. After less than half an hour, he asked the boy out of the office on the pretext of something else.

"Small sample! It looks like he has made a lot of money from this sum. Yibaijia's equity transfer must have a very good premium. If he helps the Zhejiang Merchants Chamber of Commerce win the land of South Railway Station, they will definitely give him a lot of benefits. No wonder

This guy came in front of me..."

Compared with a year ago, Wu Maosheng has indeed matured a lot. But he still retains some youthful and frivolous temperament, which makes Hu Yang dumbfounded.

"Mr. Hu, this is the project evaluation report that recently passed the preliminary review. I will put it here for you. You can take a look at it when you have time..."

Perhaps because he saw Wu Maosheng leaving Hu Yang's office, Xu Younian knocked on the door and walked in with a stack of information.

"Okay, just leave it for now, I'll take a look at it later."

Hu Yang nodded, and after Xu Younian walked out, he picked up a piece of information and glanced at it.

These materials are all projects that are in urgent need of investment and have initially passed the evaluation of the Risk Assessment Department. Most of the projects are concentrated in the service industry, such as domestic trade, entertainment projects, etc.

The information he has in hand now shows that the project team wants to open a large KTV, but they don't have enough funds and need to find investors.

From Hu Yang's perspective, the other party's project planning document was relatively perfect. From the choice of location to the decoration style to the operation model, it was no worse than the "money cabinet".

But Hu Yang doesn’t want to enter this industry. The industry is too deep, and if something goes wrong, it will affect the reputation of the company and the individual.

Even though I knew this was a project that could make money very quickly, I still gave in to Populus euphratica.

Next......

And the next one...

Soon the stack of information was turned to the end, and all the Populus euphratica were rejected.

"Hey, Xijiang is still greatly restricted in terms of geographical location."

Huijia Industrial still retains a team of about 20 people, especially the project department and risk assessment department, which already have a certain strength. If Huyang always fails to pass their preliminary review projects, I am afraid it will also affect the popularity.

A blow.

After thinking about it, he called Xu Younian again.

"Mr. Hu, are you looking for me?"

Xu Younian walked in and glanced at the information on Hu Yang's desk, his face filled with anticipation.

"Well, I've read this information. I have no objection to the project itself and the risk assessment report, but due to some reasons outside the project, I'm considering giving up investment in these projects."

In any case, Hu Yang insisted on his idea and refused to approve any of these projects.

Xu Younian was a little disappointed. The selection and risk assessment of these projects took a lot of effort from his colleagues, but he didn't expect that they would all be killed when they came to the boss.

He nodded and immediately began to pack up the information on the table, preparing to take it back.

"Mr. Xu, we can't just focus on Xijiang. Sometimes we can broaden our horizons by looking further ahead."

Hu Yang noticed some changes in Xu Younian's mood, so he casually nodded.

"You mean, we can consider projects outside of Xijiang?" Xu Younian had some surprises. "That's great! Mr. Hu, wait a moment, I happen to have a project over there, I'll give it to you right now

Take a look."

After Xu Younian finished speaking, he walked out quickly holding some information. Within five minutes, he came back with a piece of information.

Hu Yang took the information and read it. It turned out that it was a wire and cable factory in Shandong Province that wanted to seek financing.

"How come Luneng Wire and Cable Factory, which is so far away, comes to Xijiang to raise funds?"

The situation of the other party was similar to that of the previous Hengbian, both of which were caused by high debt ratio and poor operation of the company. Hu Yang was just curious, how did this wire and cable factory find his company all the way?

"It's interesting to say that this factory has too much debt. It can no longer get loans from local banks and cannot raise capital. Xijiang Electric Power was originally a big customer of the factory, and Luneng Wire and Cable Factory wanted Xijiang Electric Power to take a stake.

Unexpectedly, Xijiang Electric Power introduced them to us again.

I learned about Luneng Wire and Cable Factory from the side. Their assets, technology, etc. are quite good, but their turnover is not good. The risk assessment department has passed their preliminary review. I think that firstly, the investment is too large, and secondly, they are too far apart.

, so I suppressed it.”

Xu Younian introduced the situation he knew in detail, without exaggerating or belittling.

"In this way, you select a few capable employees from the project department and risk assessment department, and ask them to go to Shandong Province to conduct an on-site inspection of this wire and cable factory. Come back and give me a detailed report, and we will discuss it then.

"

Hu Yang already had a preliminary plan in mind, but now was not a good time to implement it. In order to train his team, Hu Yang decided to send someone to Lu Province to have a look.

Xu Younian happily went to arrange personnel. If he hadn't been unable to leave for the time being as the company's vice president, he would have wanted to go there in person.

Hu Yang looked at the calendar on his desk. School would start again soon. And before the school started, he still had one important thing to attend to, which was to attend the creditors meeting of Xite Electric Hengzhou Transformer Co., Ltd.

At the end of August, the creditors' meeting was held in Hengzhou.

Hu Yang rushed to Hengzhou with Xia Bing. He attended the meeting as a representative of Xite Electrician and exercised decision-making power in place of Huang Xinpei.

"Mr. Hu, Mr. Huang from West Electrician didn't come but authorized you. I'm afraid he doesn't want to be besieged by creditors, right? Humph."

Xia Bing was quick to talk, and as soon as she arrived at the Xiangneng Hotel in Hengzhou, she started complaining.

"Haha, Mr. Huang is old and can't withstand the ups and downs of emotions. I don't care, as long as I don't do anything and don't scold Niang, I'm not afraid of arguing with others. Okay, Assistant Xia, I don't need your help to clean up here, you go back to the room

Okay. Well, let’s set off in half an hour and go have a look at the factory.”

Hu Yang didn't want to continue talking about this issue and drove Xia Bing away.

Then he took a shower and then called Xia Bing to go to Hengbian's factory.

Before going downstairs, Hu Yang called Tang Peng, the general manager of the new company. When they arrived at the factory, he and Xia Bing went directly to Mr. Tang's office.

"Mr. Hu, are you here to hold a creditors' meeting? When did you arrive in Hengzhou?"

Tang Peng is not very old, only about thirty years old. He is not only the general manager of Hengbian, but also the vice president of Xite Electrician.

"Yes, I was entrusted by Mr. Huang to come to Hengzhou on his behalf. As soon as I arrived at the hotel, I wanted to come to the factory to have a look. Mr. Tang, how is the situation in the factory recently?"

Before leaving, Huang Xinpei asked Hu Yang to visit the factory. One of the important reasons was to meet with Tang Peng and discuss it in advance. At the creditors' meeting, Hu Yang and Tang Peng were the absolute protagonists, and they were also the targets of the creditors' siege.

"The production and operation of the factory are now normal. It seems that the production tasks assigned to us can be completed ahead of schedule. Mr. Hu, the grassroots employees in the factory are basically the same old employees. But after our selection, the labor efficiency is even higher.

Doubled?"

Xite Electric did not send many people from Xijiang. After re-recruitment, some of the old employees from the original Hengbian Electrical Engineering Co., Ltd. were re-employed in the new company. These same people were full of strong production vitality. No wonder Tang Peng was filled with emotion.

"That's good! Mr. Tang must be worried a lot! What Mr. Huang is most worried about right now is the orders from Xijiang Electric Power and Guangdong Electric Power. Your production here is on the right track, which can relieve a lot of pressure on the headquarters. This way

Once this happens, we will be able to deliver all the equipment to the two units before the end of September."

The two orders from Xijiang Electric Power and Guangdong Electric Power amounted to more than 200 million in total. If the equipment can be delivered on time, Xite Electric's funds will not be so tight. Otherwise, why would Huang Xinpei insist on acquiring Hengbian? Just to make it in the short term.

Expand production capacity within time.
Chapter completed!