Chapter 363 Crisis breaks out

A few years later, the reporter who became famous for exposing the shady story of Xijiang Bandung once drank too much and talked about it with someone. He said that when he discovered the information, a stack of documents was at his home.

It was on the desk, and he still couldn't figure out how these documents appeared out of thin air.

However, after reading this information and combining it with his previous investigations, he knew that he had found the fatal weakness of Xijiang Wanlong.

Is the information really true? There is no need to explain. How many times the interest rate of the trust products sold by trust companies is the normal value?

"I don't know whether Mr. Pang can pass the test, but he has to make a choice this time."

Hu Yang glanced at Wu Di, and he still didn't understand why Wu Di was so concerned about Xijiang Wanlong's affairs.

"Yang Yang, I have nothing to do with Xijiang Bandung, but I don't want the province's red industrial chain to be severely impacted. The planting and deep processing of tomatoes is related to the livelihood of millions of people, how can we not pay attention to it?

I am also aware of the problems that Xueling Food has encountered in its operations, but raising the purchase price of Xijiang Honghe is a market behavior, and it is not good for us to intervene. However, if Xijiang Wanlong really fails this time, Xijiang Honghe

You will not be spared. The province hopes that you can put aside the past grudges and step in to stabilize the tomato paste processing industry."

Wu Di did not show off. He expressed his concerns and hoped that Xueling Food would not argue with those farmers who are greedy for small profits and could increase the amount of tomatoes purchased in the coming year.

Since Xijiang Honghe is controlled by Xijiang Wanlong, Xijiang Wanlong's capital chain is broken, and Xijiang Honghe is not much better. Therefore, Wu Di is taking remedial action.

"Uncle Wu, even if you don't say anything about these things, Xueling Food will do it well. However, we did not blindly increase the purchase price of tomatoes during the most difficult time last year, and we will not do the same this year. In fact,

There is something wrong with the purchase price of Xijiang Honghe, it is not the market price. Mr. Pang did this just to squeeze out my Xueling Food."

Hu Yang's statement has several meanings. First of all, he will not argue with farmers, and the purchase will still be made. Secondly, it is impossible for him to purchase at the purchase price of Xijiang Honghe. Xueling Food has its own scientific pricing mechanism.

Wu Di nodded, feeling confident, and then ended the meeting with Hu Yang.

Populus euphratica stayed at home for another two days, and then took the opportunity to fly back to the deep sea. The current Xijiang Bandung is a big quagmire, so he had better stay away.

During the flight, Hu Yang kept thinking about a question. If he were Pang Qianli, what would he choose this time?

Hu Yang put himself in his shoes and thought about it. If it were him, he would most likely choose to sever his arms and cut off the relationship with the trust company, even if it meant liquidation.

Unfortunately, Pang Qianli is not Populus euphratica, so Xijiang Bandung will definitely come forward to save the trust company. Then, it is also a high probability that the other party will stop the integration of the red industry chain.

What would you say about Pang Qianli? He has a strong sense of idealism, and he is also a bit loyal.

Just at this moment, Xijiang Bandung held an emergency meeting in the imperial capital. At the meeting, a considerable number of senior officials opposed the rescue of the trust company.

Part of the funds raised by the trust company last time flowed into Xijiang Bandung, and a considerable part also flowed into Deheng Securities and Spring City Bank.

Both Deheng Securities and Spring City Bank have shares in Xijiang Wanlong. On the surface, they are not actual controllers, but they still have a great influence on the companies.

The financial empire in Pang Qianli's mind would be a behemoth enterprise spanning industrial, securities, financial and other industries. His path to expansion is to continuously acquire, acquire, and acquire again.

The three stocks controlled by Xijiang Bandung have almost controlled up to 90% of the outstanding shares this year, and their stock prices are so high that their prices have increased by 1,100% to 1,500% in three years.

Xijiang Bandung took advantage of the increased market value, pledged these stocks to banks, and then issued large loans...and then invested the funds in industrial integration and carried out a series of dazzling acquisitions.

However, the industrial income of Xijiang Wanlong is far less than the cost of controlling the market, which has laid a terrible hidden danger.

At this time, if Xijiang Bandung takes the initiative to divest its financial assets and conduct a comprehensive strategic contraction, there may be a chance for rebirth.

"Everyone, I think the more crisis we encounter, the more aggressive we should be. We cannot stand by and watch the run on trust companies, we must come to the rescue. Don't forget, after the issuance of trust products, many of them were purchased by our related units.

Bought it.

If we are indifferent in the face of the crisis, we will lose people's support. Therefore, I decided to suspend the integration of the Xijiang Red Industry Chain, mobilize funds back to the headquarters, and then support the trust company's redemption. As for Deheng Securities and Spring City Bank, we cannot let them

If we are defeated, we must take action when it’s time to take action.”

DeHeng Securities and Spring City Bank are important links in Pang Qianli's financial landscape. Although these two companies have many problems and have already fallen into financial difficulties, Pang Qianli still does not want to give up.

To save the trust company, but also to keep DeHeng Securities and Spring City Bank, the difficulty is absolutely hellish.

In fact, most of the executives attending the meeting opposed Pang Qianli's opinion, but Pang Qianli had the power to make the final decision in the company, so the matter was finalized amidst huge internal controversy.

The run on the trust company was just an introduction, and the crisis in Xijiang Bandung will break out sooner or later.

In Hu Yang’s memory, the Xijiang Bandung crisis broke out from the end of 2003 to the beginning of 2004 in his previous life.

But now, due to the fierce competition between Xijiang Honghe and Xueling Food in the red industrial chain, Populus euphratica has to face off with Xijiang Wanlong in advance.

It can be said that the run on trust companies under Xijiang Bandung was triggered by Populus euphratica in advance. This time was almost a year in advance.

"Mr. Xu, how much money does Huijia Holdings have in its account now? Well, I mean the 1 billion granted to Mr. Wang is not included."

After returning to the deep sea, Hu Yang immediately got in touch with Xu Younian.

"Mr. Hu, not counting the reserve account, the company previously had 3.058 billion yuan in funds. The two-year financial subsidy from Deepsea has also arrived at the end of the year. With the addition of the 120 million yuan, Huijia Holdings currently has a total of 3.058 billion yuan in funds.

It has funds of 3.178 billion yuan.

In the past two days, I am preparing to allocate the 1 billion yuan of funds requested by Mr. Wang to the special account. As a result, the company's funds will remain at 2.178 billion yuan."

Xu Younian reported to Hu Yang while flipping through the financial statements.

"Okay, these 2.178 billion yuan of funds are temporarily frozen. Without my signature, not a penny is allowed to be used. Mr. Xu, we may have a tough battle to fight next. Xijiang Bandung is not an opponent that can be underestimated.

.”

Hu Yang is ready to do what Pang Qianli has not completed himself. He plans to take this opportunity to completely integrate Xijiang's tomato paste processing industry chain. If the conditions are right, he even plans to acquire Xijiang Honghe.

Today's Xijiang Bandung is like an old lion. It still looks majestic, but it is actually surrounded by wolves. The moment it falls to the ground, it is eaten by the wolves. It will never

There will be no hesitation or intolerance.

For Populus euphratica, it is an established policy to firmly control the red industry chain in its own hands. It will not be shaken by anyone or anything.

Not even Xijiang Bandung, which is thousands of miles away!

"Okay, Mr. Hu, I will resolutely implement your order. By the way, our Huijia Holdings Building is about to be completed. Do you think when is the best time to set the completion ceremony?"

The Huijia Holdings Building, which cost 800 million yuan to build, has finally been completed. This is good news for Xu Younian and all the employees of Huijia Holdings.

"The Spring Festival is at the end of the month, and January 31st is New Year's Eve, right? The completion ceremony of the Huijia Holdings Building will simply be scheduled for February 16th after the new year."

February 16th, the 16th day of the first lunar month, is a good day, so this matter was decided.

Before the Spring Festival, Xijiang Bandung transferred 1 billion yuan of funds from Xijiang Honghe to the trust company. The trust company began to pay out the first tranche of the trust product in advance, and the run crisis finally calmed down a little.

However, after the holiday, trust companies will face the redemption of the second phase of trust products. Can this problem be solved smoothly by then?

"Mr. Hu, the two batches of goods sent by Oasis Pharmaceuticals have arrived. Among them are isatis granules and disinfectant masks, with a total value of about 8 million yuan. I have stored these goods in a large rented warehouse."

Xu Younian didn't mention this matter, and Hu Yang almost forgot about it. There were too many things going on recently, and he couldn't take care of these small things.

This time back to Xijiang, Hu Yang only briefly met Li Hao once. Li Hao basically lived in the factory and tried his best to ensure the normal production of the company.

"You will pay Oasis Pharmaceuticals an advance payment of 20 million yuan later, and I will immediately ask Assistant Lin to send you the signed and approved documents."

This matter involved Li Hao, and Hu Yang would not keep putting it off. He knew that his uncle Li Hao was in urgent need of funds, so he simply sent him 20 million yuan first to solve Li Hao's urgent need.

After hanging up the phone, Hu Yang asked Lin Yan to draft a document, and then he signed it. The document will be delivered to Xu Younian today.

"Mr. Hu, Xijiang Honghe and other three stocks have started to fall."

In mid-January, Minister Kang called Hu Yang to report that the three market makers (all controlled by Xijiang Wanlong) that had been trading sideways at high levels for a long time suddenly began to fall. Although the current decline was not large, this sign was very serious.

not good.

"Well, I understand. Minister Kang, you continue to keep an eye on the stock trend of Xijiang Honghe. In addition, you call Yu Hongbo and ask him to pay attention to this matter."
Chapter completed!