I'm in the county town, and you say I'm a big shot?
Chapter 781 Gyroscope Lever Min Tian System
Chapter 781 Gyroscope Lever Min Tian System
"Chairman Xiao, this is the latest fund allocation report." Chen Mo, assistant to the chairman of Mintian Group, gently placed a document on the coffee table, his voice low, "The situation... is not very optimistic."
Chen Mo graduated from the School of Economics at Yenching University and has been by Xiao Jianhua's side for almost 10 years; he is one of his confidants.
Many of the senior executives of the Mintian Group controlled by Xiao Jianhua are graduates of Yenching University, because he himself is a graduate of Yenching University.
He was admitted to Peking University at the age of 15 and was regarded as a "child prodigy". During his studies at Yenching University, he served as the chairman of the Yenching University Student Union, so he had a special fondness for Yenching University graduates.
Upon hearing Chen Mo's words, Xiao Jianhua didn't immediately start searching. Instead, he took a deep drag of his cigarette, letting the pungent smoke swirl in his lungs before slowly exhaling. "Speak."
“The two biggest bleeding points.” Chen Mo pushed up his gold-rimmed glasses, his sharp gaze behind the lenses unable to conceal his worry.
"First, there's Longwei Media. The 1.5 billion yuan we lent out through Xizang Yinbixin has a considerable interest rate, but it's a long-term loan, and we can't touch the principal in the short term. Zhao Wei's own 60 million yuan has already been invested, and if the integration of Wanjia Culture requires more funds, it will be difficult for us to stand idly by."
Xiao Jianhua snorted coldly: "That woman may have a dazzling celebrity aura, but she can't produce much real money."
Chen Mo didn't dare to reply.
Because his boss and that celebrity had an ambiguous and unclear relationship.
After a pause, he continued, "Secondly, and more urgently, is Huazi Industry's capital increase in Huaxia Life Insurance. The amount is 31.68 billion yuan. Even if it is raised through a private placement, as the largest shareholder, we must contribute real money to subscribe in order to maintain our controlling stake. This is no small sum."
He paused, then emphasized, "Moreover, the regulatory authorities are tightening their grip, and their scrutiny of equity investments in insurance companies is exceptionally rigorous. What if... I mean, what if the capital increase plan is rejected? Huazi Industry's stock price will inevitably plummet. The Huazi shares we pledged to major banks will then require a huge amount of margin. That would be devastating."
The room fell into a deathly silence, broken only by the faint hum of the air conditioning system. The neon lights of Victoria Harbour flickered in and out of Xiao Jianhua's somber face through the huge floor-to-ceiling windows.
“There’s also bad news,” Chen Mo’s voice was a little dry. “We have completely failed in our bid for the 35 billion yuan underwriting rights for Yongjiang City Investment through Hengtai Securities and Jinghai Bank. As a result, we are also unable to obtain cash through the cash flow pledge ABS nesting scheme we designed before.”
Upon hearing this news, Xiao Jianhua, who had been calm and composed, suddenly flew into a rage and stubbed out his cigarette in the crystal ashtray with such force that it almost pierced through it.
"Who leaked that ABS contract to Jinghai Bank?! If I find out who the mole is, I'll sink him into the sea to feed the sharks!"
Chen Mo was so terrified that he dared not speak.
This so-called "ABS nested doll" was a key step in revitalizing his numerous illiquid accounts receivable, enabling him to realize future, uncertain profits in advance, like a magic trick conjuring up billions of dollars in life-saving funds. Now, the trick has been exposed in public, and this path has been completely blocked.
Xiao Jianhua's chest heaved, his resentment hard to contain.
He was well aware of these things.
The Mintian Group, which he built from scratch, was like a rapidly spinning top, requiring constant capital operations and leverage to stay afloat. Wanjia Culture and Huaxia Life Insurance were two crucial pieces in his strategy: one controlled the media, the other held a steady stream of insurance funds. But now, these two pieces had become the heaviest burden, threatening to crush the entire system's cash flow. And Fang Qingye had personally removed the last stepping stone beneath his feet. Calm down.
Xiao Jianhua knew that anger would not solve any problems, but would instead lead to wrong judgments.
He took a few deep breaths; the salty sea breeze blowing from Victoria Harbour cleared his head considerably. He softened his tone and asked calmly, "What about the bank?"
“The quotas from the few companies we have good relationships with are basically exhausted. And the central bank has recently been investigating off-balance-sheet activities, so they're not having an easy time either; they're all tightening their belts.” Chen Mo’s voice lowered further. “President Xiao, we’re like walking a tightrope right now; any slight disturbance could…”
They could all be doomed.
Chen Mo didn't say what came next, but Xiao Jianhua knew it in his heart.
He stood up and walked to the window, looking down at the city below, where capital flowed ceaselessly. Under the night sky of Hong Kong, countless fortunes were changing hands, countless legends were unfolding, and countless empires were collapsing.
“Money…we must find money.” Xiao Jianhua muttered to himself, a sharp, almost obsessive glint in his eyes. “Fang Qingye has blocked the left path, so we’ll go the right! Let’s go find it! Let’s go find those international investment banks and see if they have any…innovative financing tools that aren’t constrained by these traditional banks!”
Chen Mo felt a slight tremor in his heart.
He knew that when CEO Xiao was backed into a corner, the so-called "innovative tools" often meant higher risks, more complex structures, and more unknown opponents. But when all else failed, it seemed to be the only option.
"Yes, Mr. Xiao. I'll contact a few familiar international organizations immediately." Chen Mo bowed and quietly left the suite.
In the empty room, Xiao Jianhua still stood by the window, gazing at the night outside in silence.
There's always a way out!
Xiao Jianhua encouraged himself.
Back then, the bankruptcy reorganization of Haiji Chlor-Alkali, which I invested in, and the criminal investigation by the Urumqi Procuratorate into the issue of Tomorrow Group's local company withdrawing registered capital almost led to my imprisonment, but I still managed to escape unscathed.
This time it will definitely be the same!
Although the cash flow crisis is like an invisible noose that is slowly tightening, as long as we can find money, we can find the sharp blade that can cut through all the constraints!
Little did he know that the "sharp blade" he craved had already been meticulously honed by his opponent, gleaming with an alluring yet deadly cold light, waiting for him to reach out out of resentment and eagerness.
After the National Day holiday, Fang Qingye went to Yongjiang City again. This time, he was representing Jinghai Bank, Goldman Sachs China's Lin Wei, and Li Wenbing, the deputy general manager in charge of Yongjiang City Investment Company, to sign the underwriting contract for the first tranche of Yongjiang City Construction Investment Group Co., Ltd. corporate bonds in 2016.
It is said that Lu Guoxiong, the former general manager of the city investment company, accepted a bribe from Niu of Hengtai Securities for this project and was placed under investigation by the municipal discipline inspection commission.
All three parties signed the contract and exchanged copies, amidst enthusiastic applause from the audience.
After signing the contract, Fang Qingye led his men back to Nanxin, where he prepared to travel to Hong Kong.
(End of this chapter)
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