Chapter 640 debt collection, clearance(2/2)
Hi-tech Venture Capital Fund has supported many companies in the semiconductor industry, mostly in the form of corporate bonds.
Although the debt of Microelectronics Equipment has not yet matured, since they are preparing to go public, they must reduce their debt ratio.
It just so happened that the company had carried out a new round of capital increase and share expansion. Summit Capital invested 10 billion yuan, and there was no problem in repaying the debt of the Hi-tech Venture Capital Fund.
"Oh, so that's what happened. The CEO of Microelectronics Equipment called me two days ago. They hoped to temporarily convert this debt into shares, but I didn't agree."
Liang Yu understood what was going on as soon as he heard it. The matter between microelectronic equipment and Bolong Optics was making a fuss, and it was not a secret matter in the industry.
If the other party wants to go public and build a beautiful balance sheet, it will definitely not be able to avoid Hi-tech Venture Capital, a big creditor.
A temporary debt-for-equity swap is not impossible, but given Hu Yang's current relationship with the other party, Liang Yu would naturally not consider it.
"Haha, they have a great idea! That's why I called you here. Go talk to them and try to get all the funds back."
Hu Yang will not be polite to Director You and Summit Capital. Now they are eager to go public, not Yang Hu.
"Okay, I understand."
Liang Yu himself is an expert in finance, and the other party's methods of capital operation are like Men Qing'er. He also supports Hu Yang's decision to withdraw capital in his heart. A gentleman would not stand behind a dangerous wall.
Liang Yu had dinner and drank a few glasses of red wine with Populus euphratica before getting up and going back to the hotel to rest.
Hu Yang went home directly. He didn't want Tian Sichun to wait too late.
The next day.
Hu Yang arrived at the International Building early in the morning, and now this is the center of the entire Huijia system.
"Boss, morning!"
As soon as he walked to the door of the office, Hu Yang saw Yu Hongbo waiting for him.
"Lao Yu, it's early for you. Let's go in together."
Hu Yang smiled, asked Wu Xinhui to open the office door, and walked in with Yu Hongbo.
"Mr. Hu, we have now begun to sell the shares of Z Commercial Bank. In the past few days, we have successively reduced our holdings of almost 1 billion shares, with the average price being 35.5 yuan."
Speaking of this matter, Yu Hongbo was a little confused.
The market is really extremely hot right now. One billion shares were smashed down without even a splash.
The price line of 35 yuan was decided by Mr. Hu. As long as it rises above this price, Yu Hongbo will start selling.
But this time it went smoothly, which is a bit suspicious. I wonder if it was sold too early?
"Lao Yu, there is nothing to hesitate. Since there is so much enthusiasm for taking orders, let's clear the positions."
Hu Yang waved his hand indifferently. He never believed that selling stocks should be sold to the highest point. He took advantage of the crazy market to clear out positions.
"Okay, then I'll continue."
Yu Hongbo swallowed his words, turned around and left the room, continuing his selling action.
In less than three days, Yu Hongbo's team sold out all 2 billion shares of Z Commercial Bank they held, with an average transaction price of 36 yuan (including taxes and fees).
Chapter completed!