Chapter 407 Emergency Stop

"Mr. Hu, our Xiangjiang bond issuance has gone wrong. I don't know if that villain is behind it. Hey, we are about to sign a contract with Hyundai. Who would have thought that such a thing would happen? I have to go quickly.

The bank will think of a way and hope it's still too late."

Liu Jin was grateful for Hu Yang's efforts. The issuance of bonds was urgently suspended. In addition to villains, the main problem was that the company's own high debt ratio was the main problem.

He and Hu Yang had a tacit understanding and never mentioned the debt ratio. In fact, they were just taking chances. Now is not the time to find out who complained. Finding ways to raise funds is the top priority.

"Mr. Liu, sit down first, let's not panic."

Hu Yang found that Liu Jin's mentality was a bit broken. What was the use of going to the bank now? If people were willing to get a loan, they would have already agreed?

Since the bank didn't agree before, if I go to them now, they still won't agree.

"Hey, I also know that there is little hope of finding a bank, but it's better than doing nothing, right? Mr. Hu, I'm sorry, it's me who betrayed your trust and failed to do a good job in the business."

Liu Jin only felt a deep sense of powerlessness at this moment.

"It's not that serious. Don't think too much, Mr. Liu. I have an idea. Before we sign a contract with Hyundai, why don't we make some changes ourselves first?"

As Hu Yang spoke eloquently, Liu Jin's eyes were filled with hope again.

The issue of bond issuance has gone awry, but there are other financing channels. In fact, Hu Yang’s Huijia International Investment is a major financier.

However, it is not appropriate to directly borrow money from Oriental Technology. Putting aside the question of when to repay it, companies applying for the issuance of H shares in the future will also encounter the problem of excessive asset-liability ratios.

Just the current asset-liability ratio of Oriental Technology has been taken advantage of by those who are interested. If it continues to borrow money, wouldn't the asset-liability ratio be even more terrifying?

What Hu Yang means is that Huijia International Investment and Oriental Technology will form a consortium, and Huijia International Investment will come forward to sign a contract with Hyundai.

The funds for the acquisition were provided by Huijia International Investment. After the acquisition was completed, these tft-lcd assets were handed over to Oriental Technology in the form of custody for operation.

"Of course, if it is a trusteeship, Oriental Technology will definitely have to pay a certain fee to Huijia International Investment."

What Hu Yang means is that Huijia International Investment will acquire Hyundai's TFT-LCD business and then hand over these assets to Oriental Technology.

The profits generated from operations require a fixed fee to be paid to Huijia International Investment every year, similar to a rental fee.

After taking a breather, Oriental Technology can go to Xiangjiang to apply for the issuance of H shares.

"This is a good idea, but the custody fee should not be too high. How about referring to the interest rate of corporate bonds for the annual fee?"

Liu Jin knew that Hu Yang was not coveting the custody fee. This was called "saving the country through curves", which was essentially the same as issuing corporate bonds.

"Well, after the acquisition is completed, we sign a custody agreement and an acquisition commitment letter, and everything will be fine."

This is something between the two companies, and it cannot be sloppy at all. Otherwise, good things may become bad things. After all, Oriental Technology is a listed company, and the procedures must not be vague. It is not vague, so as not to think that you are engaged in insider trading.

The two quickly reached an agreement, and Liu Jin didn't waste time and hurried to communicate with the representatives of Hyundai Company.

When modern companies figure out the capital chain of the Huijia Group, they will have figured out the fact that Huijia International Investment is essentially an affiliate of Oriental Technology.

The other party did not make things difficult for Liu Jin and agreed to ask the head office for instructions.

During this period, modern companies are on the verge of breaking their capital chain. Why should they sell their tft-lcd assets?

Among all the negotiators, Oriental Technology's bid was the highest, reaching US$350 million. Now that the acquisition subject has been changed to an affiliated company of Oriental Technology, the acquisition price remains unchanged, and the debt-ridden Hyundai Company finally agreed.

Three days later, Xia Bing flew from Xiangjiang to the Imperial Capital and attended the signing ceremony with Zhao Ziliang and Liu Jin.

Huijia International Investment successfully acquired Hyundai's TFT-LCD business for US$350 million, including all intellectual property rights and sales channels, fixed assets and all teams.

"Mr. Hu, Mr. Xia, I want to toast you! Without your financial support this time, the acquisition will become an empty talk.

In fact, this acquisition was also a fluke. Jiandu Company, which had always been in tit-for-tat with me, repeatedly used deception during the negotiation process with Hyundai. In the end, not only was the deposit confiscated, but it was also fined 10 million US dollars by the court.

After excluding the sword and the company, our price is the best, which is about $ 18 million in the second place. This is the main reason why modern times promised to replace the acquisition subject. "

On the night of the signing, Liu Jin held a celebration banquet at the Wangfu Hotel.

Before signing the contract with Hyundai, Huijia International Investment signed an asset custody agreement and acquisition commitment letter with Oriental Technology.

After the successful acquisition of the modern TFT-LCD business, Huijia International Investment decided to host all assets (including intellectual property, production equipment, teams, sales channels, etc.) to Dongfang Science and Technology operations.

During the custody period, Oriental Technology invests a fixed profit of $ 15 million from Huijia International each year. All production management costs are borne by Oriental Technology.

Oriental Technology promised to repurchase this part of the asset within three years, and the repurchase price was not less than 350 million US dollars.

Regarding the arrangement of Hu Yang this time, Liu Jin is not only grateful, but also admires the five -body investment.

The financing problem of Oriental Technology is solved so simple, and it has not delayed the acquisition.

"President Liu, toast! I heard that this sword company is the company of Baodao? This guy has done everything that damages and disadvantages. In fact, I also understand why the other party does so, they also do display devices. In short,

I just don't want Oriental Technology to get advanced technology! "

Hu Yang is unable to complain about this Jiandu company.

It ’s normal to have competition in business, but what is your false quotation? The previous sword company company was doing this. It reported a high price. Modern company wanted to sign a contract with him to find that the other party did not have the sincerity of acquisition.

In the anger, the modern company brought the sword to court. In the end, the millions of dollars of the dollar company of Jiandu was confiscated and fined 10 million US dollars.

Of course, this is all the things before. If Liu Jin has not drank too much today, it won't mention it.

"President Hu, everyone will eat and drink tonight, I will talk to you tomorrow."

Liu Jin also realized that there was a little bit of words. He was anxious and put down the glass to the bathroom.

"President Hu, I heard what President Liu meant, did he still want to go to Xiangjiang to continue issuing debt? Continue to issue debts. We acquired Hydis's assets and handed over to Oriental Science and Technology Custody. Their assets and liability ratio will soon be soon.

Slow down. "

Xia Bing had always felt that this business was not cost -effective, invested 350 million US dollars, and only $ 1,500 each year?

But then Hu Yang explained to her the acquisition, and she did not continue to say anything about the importance of the entire domestic display device industry.

"President Xia, I may soon go back to the deep sea. This time I came out to stay in the emperor for a short time. The subsequent handover work, you arranged the hand to deal with it, President Liu will send professional and technical personnel to cooperate."

Modern assets have promised to start to transfer all assets of Hydis to Huijia International Investment at the end of the month, which requires someone to receive it.

Xia Bing nodded, and the two stopped talking.

The celebration banquet continued until 9 pm, and talents and other talents returned to the hotel.

"President Hu, I'll take a shower in the room first, and talk to you for a while."

Xia Bing and Hu Yang are not on the same floor. She first has a wine flavor on her own.

At this time, Hu Yang had already taken a bath, and was drinking Lin Yan who didn't know where to bartender.

"Mr. Xia, come, sit down and drink a cup of tea."

Hu Yang refers to another tea cup on the coffee table. This was prepared by Lin Yan in advance.

"President Hu, I still recommend building a building that belongs to us in the capital, just like an investment building in the deep sea, the international building of the magic capital."

Xia Bing said right, Yangcheng also has Huijia Holdings Building.

At present, Huijia is in the four super -first -tier cities in China. Of these, three cities have their own five -star office buildings. It should not be the only one.

"Well, I have been considering this issue recently, or build a building in the capital. In this way, you transferred another $ 500 million from Xiangjiang Corporation to the account of Beijing Company, of which 350 million US dollars paid the acquisition, 150 million 150 million

The dollar is ready to build Huijia International Investment (Kyoto) Building. "

In fact, Tuyang decided to invest in a building in Beijing a few days ago. The location was considered, and it was built in the CBD business district of Beijing.

Therefore, when Xia Bing just talked about it, he decided to invest in the construction of the Kyoto Building.

At the beginning of the establishment of Huijia International Investment (Jingcheng) Company, Hu Yang authorized Xia Bing to fight from Xiangjiang $ 100 million, and now it will be planned to 500 million US dollars. In the short term, there will be no lack of funds.

Previously, Huijia International invested 442 million Hong Kong dollars (Hong Kong dollars) and US $ 6.396 billion (USD account).

Hu Yang invested in Zambia Corilla Copper Mine and paid $ 400 million. Before and after, it scratched $ 600 million in Beijing Company. There are still 53.96 US dollars (USD accounts) on the account of Huijia International Investment, and more than 400 million Hong Kong dollars (Hong Kong dollars)

.

Huijia International Investment is still very abundant.

"Okay, I will do these things tomorrow. President Hu, do you think Zhao Ziliang is competent as the manager of the Beijing company?"

Xia Bing was already accustomed to Hu Yang's style of doing things. She was not surprised when the decision was made to invest in an office building project worth hundreds of millions of dollars.

Hu Yang nodded with a smile and said: "Manager Zhao's ability is quite good. I think he is completely qualified for this position. However, just because he is a native of Beijing, I think the corresponding supervision mechanism should be strengthened. You understand me
Chapter completed!