Knight of the Light

Chapter 392: Zhou Dakaizi

Zhou Qingfeng is serious about trying to acquire bad assets of state-owned enterprises. Tianyang City did not respond much to the incident at first, but when it was learned that Zhou Dakaizi was going to use foreign exchange to discount the acquisition, the political and banking circles were excited.

Because the domestic industry requires technology and equipment to be upgraded, in the 1990s and the beginning of the new century, the government worked hard to sell a state-owned enterprise for foreign exchange.

This decision cannot be said to be completely wrong. Because at that time, although the domestic industry was complete, it was lagging behind. It lacked both capital and technology, and it did not keep up with the needs of ordinary people for social life.

A lot of breaking things happened in this wave. For example, 'Jianlibao'.

In 1997, the sales of 'Jianlibao' exceeded the 5 billion mark, and it was sold nationwide with great fame. But in the same year, the plan to list ‘Jianlibao’ on hk was stopped by the local government.

Since then, there have been twists and turns in Jianlibao, full of sadness. A good national brand was smashed alive. In addition, the domestic daily chemical industry is basically controlled by foreign investment, and the home appliance industry is almost collapsed.

However, "Jianlibao" also has a deadly puppet operation. In order to advertise, they rewarded the domestic champions of the Barcelona Olympics in 200 grams of gold cans.

At the time, this kind of marketing was very popular with Chinese people.

But after nearly two decades, it was discovered that the gold cans of that year were all painted with yellow paint on aluminum cans.

It's shameless to have no gold at all.

There were too many such broken facts at that time, and proper businessmen did not commit adultery.

Back to selling state-owned enterprises, all of this is for investment and foreign exchange.

When Zhou Qingfeng formally contacted the Tianyang Municipal Government and proposed to purchase the bad assets mortgaged by the state-owned enterprises in the city to the bank, the head of the city almost thought that this big hero had a problem with his brain?

Absolutely something went wrong!

No problem, why would you want to buy a pile of junk with real money?

The production and sales of state-owned enterprises in the city declined, and there were a lot of scandals. In order to feed a large amount of waste, companies have to maintain loans from banks. If the loan is to be mortgaged, then everything can only be mortgaged.

Equipment, workshops, land, and so on.

Banks are reluctant to lend such bad debts that they can't get back the money. However, if the administrative order is suppressed, it will not work. Now there is a Kaizi who is willing to pay for it, and the bank can't help but take off his pants and sell them to Zhou Qingfeng.

As long as God of Wealth is happy, girls from the whole bank can do it.

At the beginning, the city leaders were more careful and let ICBC approach the 'Holy Light'. Zhou Qingfeng came forward in the name of his hk company and incidentally helped the city complete foreign investment promotion tasks.

For the first time, it will always be dry and painful. Both are uncomfortable.

The first non-performing asset given by ICBC was the site of the match factory in the city. This is a small factory with only two acres of land. Despite its long history but poor management, the match factory was unable to pay wages a few years ago.

When ICBC asked for two million Hong Kong dollars to transfer the asset. Professor Zheng, who participated in the negotiations, rose up and slammed the table directly. "It costs two million Hong Kong dollars for such a broken factory. You might as well grab it."

Zhou Qingfeng feels that although Tianyang is behind, the commercial land of two acres in the city center is also valuable. Two million is not expensive.

Professor Zheng scolded angrily, and the person across the bank seemed to know that he had lost his temper and lost his temper. They took out another asset, "Next to the match factory is the warehouse of the local specialty company, a total of 0.7 hectares. If you buy one ..."

Lin Wan cold noodles added the sentence, "Ten million Hong Kong dollars, transfer all the facades of the local specialty company to the street, and make up one hectare."

The vice president led by ICBC was very embarrassed, but he did not refuse, but only said that he would go back and ask for leadership. This attitude greatly encouraged Zhou Qingfeng's side, and they took the initiative to speak.

"If the cooperation in the first stage is smooth, then the entire mortgage assets of the Municipal Machinery Plant and the Battery Plant will be packaged as the goal of the second stage. We can make a hundred million Hong Kong dollars." Lin Wan said this.

The Municipal Machinery Factory is an old factory during the founding of the People's Republic of China on a dozen hectares of land. Before Tianyang City was established, Tianyang Machinery Factory existed.

Machinery plant equipment is old, products are backward, year after year. Triangle debt has exhausted the liquidity in the factory, and now it has fallen to the extent that it depends on bank loans to continue its life.

If selling match factories and souvenir companies is just trivial, then selling machinery factories is a big move that will cause big trouble.

"No, no, no, this is absolutely not possible." The vice president of ICBC shook his head directly. It's not that the city doesn't want to sell, but that it has too much political influence. It's not the end of the 1990s, nobody dares to carry this pot.

Lin Wan was disappointed and turned to other fat meat. "How about the city's steel plant?"

There is a small iron and steel plant in Tianyang City, relying on waste steel as raw material for smelting, and short-stroke electric furnace steelmaking. The 'steel plant' has a large name. In fact, the factory has only one smelting workshop and one profile workshop, with hundreds of employees.

Half of the employees are retired cadres who simply do not work with money, or unions and other waste departments that can only mix up and not create any value.

The vice president of ICBC's eyebrows twisted into a Sichuan shape, "How much are you willing to pay?"

"Five million Hong Kong dollars." Zhou Qingfeng said.

"Too few." The vice governor shook his head again.

"We can take over half of the steel plant employees." Zhou Qingfeng said.

The benefits of the city's steel mills are not bad. At least the steel is in short supply now, and the profits and taxes are paid over 100,000 a month. Compared with other state-owned enterprises waiting to be considered, they have done quite well.

Five million is indeed too small, the vice president still shook his head. The city just wants to get rid of the burden, but it doesn't want to sell the hens who can place orders.

"If the steel plant is sold to us, the profits and taxes of this plant will be settled in Hong Kong dollars." Zhou Qingfeng said.

Ok......? !!

This is very interesting.

The vice governor smiled a little.

Zhou Qingfeng further said: "By the way, I also sold the city's daily chemical plant and electronics factory to me for 20 million Hong Kong dollars. In the future, my profits and taxes in Tianyang can be settled in foreign exchange.

There is no shortage of foreign exchange for ‘Sacred Light’, and there is even more foreign exchange on hand than Soft Sister Coin. Zhou Qingfeng hopes to buy several companies related to himself. He needs a group of people who can use it immediately, and the sites of these factories are actually very valuable.

The first negotiation lasted less than an hour, and the two sides only discussed and exchanged views on topics of mutual interest. After ICBC personnel determined Zhou Qingfeng's intention and offer price, he quickly returned to report to the leader.

To be honest, although the factories that Zhou Qingfeng is interested in are very bad, they can be bought at a price of 30 million yuan, which is super cheap. If it weren't for foreign exchange purchases, the city would never agree.

However, the brain in the city heard that Zhou Dakai Zi actually wanted to spend one hundred million Hong Kong dollars to buy a city machinery factory, which turned out to be a heartfelt feeling. The value of the city machinery factory is certainly more than 100 million Hong Kong dollars, but it also owes the bank more than 100 million debts.

The city needs to meet, report to higher authorities, and get approval. The entire process is not long. But the city government is like a sieve. There are too many 'informed people'.

Before buying the state-owned enterprise, the city knew that Zhou Dakaizi had started the money-spending mode. For a while, the wind and the clouds began to flow, gossip all around!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like