The rise of a small town in shoe country

Chapter 515 Lao Hong Wants to Borrow Money, President Jin Revises the Regulations
Yue Xiuqing asked Jin Yunfei what problem he found.

"It's unbelievable that my third brother was able to get into college. This guy never got a score of [-] in elementary school. I forced him to finish his junior high school. In high school, he averaged [-] or [-] in every subject." His grades fluctuate. His grades are very stable, and he is stable at the bottom of the grade and class. It is more difficult for this guy to be admitted to university than a rooster laying an egg and a hen crowing."

"The problem is that the facts are right in front of you. According to my younger siblings, the third brother spent more than half a year off-duty to study. This shows that he usually works very hard, and it also shows that he has enlightened. The third brother is no longer the third brother before. You can't Look at him with old eyes again."

"Push, this guy is definitely a spur to me. In this way, I need to work harder, because I can't lose to two people at the same time."

"Two people? Which two people?"

"A third brother, and you, if I lose to either of you, I will lose face."

"Okay, with ambition, let's wait and see."

After Jin Yunfei made up his mind, he really started to work hard and stayed at home for a week.

Yue Xiuqing worked harder, she had more time than Jin Yunfei, and she had gone through her high school textbooks again.

The couple competed in a mock test again.

This time I used the college entrance examination papers from other provinces this year. Jin Yunfei failed miserably, with only 450 points, while Yue Xiuqing scored more than 530 points.

Among them, in English, Yue Xiuqing gave up the essay writing and also scored 58 points.

Jin Yunfei's English regressed a lot, and he only scored 23 points in the test.

His wife won 35 points in just one class, and Jin Yunfei felt a serious crisis.

It's a pity that Jin Yunfei can't just concentrate on studying, he still has a job, and he needs to show up where he should go.

As September is about to enter, as far as the shoe season is concerned, it is a good time for autumn shoes to go on the market.

In fact, for other industries, September is also a critical period for the second half of the year.

The water pump industry that Lao Hong Hongyun is engaged in has a lot of orders at this time, especially overseas orders.

Orders soared, liquidity became the key.

But at this time, there was a problem with Lao Hong's capital chain. He signed a large Eastern European order with a friend, and the other party was overdue for a month, and the final payment of 2000 million yuan had not yet been paid.

What's more terrible is that the other party suffered a lawsuit and the bank account was frozen by the court. It is difficult to settle the account for Lao Hong in a short time.

Lao Hong was anxious. He had just signed seven orders and needed funds to purchase raw materials, but he only had more than 300 million yuan left on hand.

When he went to the bank for a loan, Lao Hong found three banks in one go and borrowed 800 million, but he still needed 1000 and [-] million to get out of his predicament.

Lao Hong thought of his own bank, the Cooperative Development Bank, where he invested 2000 million, of which 1000 million was the equity capital and was also one of the shareholders.

When the Cooperative Development Bank was first established, it established a rule that shareholders can borrow money, but only the amount of the loan should not exceed 50.00% of the equity capital.

For Hongshuiyun, 50.00% is 500 million, which is far from enough for his needs.

Borrowing from the society, this step will not be carried away by the flood. He knows the power of usury, and once locked up, it will be irreversible.

I can only discuss it with Jin Yunfei, this guy has a lot of tricks, maybe he can help him solve the immediate difficulties.

After answering Hongshuiyun's call, Jin Yunfei had no choice but to walk out of the study and come to the Industrial Plaza to breathe the long-lost fresh air first.

Hongshuiyun had been waiting for a long time, and with two bottles of iced Sprite, he followed Jin Yunfei into Liuhe Building in a hurry.

When we arrived at the chairman's office, President Huang Pinghui also appeared in time.

Jin Yunfei asked: "Thanks for your hard work, Lao Huang. How is our bank's current capital operation?"

"The amount of deposits has reached nearly 20 billion, and with the addition of our own funds, the scale has reached 50 billion. As of now, in addition to reserves, we still have [-] million funds idle."

"[-] million is idle, that's a lot." Jin Yunfei took the journal, looked at it and said, "Geely Company, Qianjiang Motorcycle, Supor Company, Municipal Company, Municipal Transportation Construction Company, Coastal Expressway Company... OK, These are big guys."

"This is our key customer, and the loan amount is more than [-] million."

Jin Yunfei smiled meaningfully.

Huang Pinghui hurriedly asked: "The chairman doesn't like big households?"

"Hehe...these words will never come out of my mouth. Lao Huang, how is the loan situation of customers in the industrial zone?"

"This is the main customer of our bank. Up to now, the number of customers in the industrial zone has reached 570, and the total loan amount has reached [-] billion."

Jin Yunfei pointed at Hong Shuiyun and asked with a smile: "This one hasn't been included yet?"

Huang Pinghui nodded with a smile.

Jin Yunfei said: "What should I do? Lao Hong needs at least 1000 and 500 million yuan, but according to our regulations, he can only borrow [-] million yuan."

Huang Pinghui said: "Our management has opinions on this regulation. According to the principle of fairness, shareholder loans and the amount of loans cannot be restricted. We believe that it is necessary to make amendments to this regulation."

Jin Yunfei asked: "Can I revise it immediately?"

Huang Pinghui smiled, "Theoretically, it works. But the two vice-chairmen are not here, and the board of directors cannot be held. But if the chairman takes personal responsibility and makes changes first, this is also feasible."

The two vice-chairmen, one is a representative of the municipal government, who rarely come here and never participates in specific business.

Another vice chairman, Su Yuru, took a big leave of absence to travel with her husband Jiang Zongyao.

After thinking for a while, Jin Yunfei said: "Old Hong's matter is a special matter. Give him a loan of 500 million, Lao Hong, you have to find two decent guarantors. Lao Huang, you go first, and the other few Talk to the director on the phone."

Huang Pinghui nodded and left.

Hongshui Yun thanked Jin Yunfei repeatedly, "...Yunfei, you are giving me help in a timely manner, and you have solved my urgent need."

"Go, the old man speaks idioms, it doesn't sound good to me. Tell me, your orders are reliable or not. Don't make orders from Eastern Europe again. The goods have been shipped, but the money has not come. When the time comes It's too late to cry."

"You boy, don't be crowed, can you?" Hongshui Yun took out a contract and handed it to Jin Yunfei, "Look, I have relatives who are overseas Chinese in South America. They have done business with me for seven years. 3000 sets have been ordered, and the total contract value is [-] million.”

After looking at the contract, Jin Yunfei threw it back to Hongshui Yun, and said with a smile, "I don't know much about your business, so I just interviewed you today. It's just your broken factory, they want [-] sets, and the time is only one and a half months, you fucking Can it be completed on time?"

"Let's be an outsider. We have more than a dozen peers, and we can communicate with each other and work together. This contract can be completed in less than a month."

"Another interview. Lao Hong, what is the profit margin of your water pump industry? I'm asking about the general situation."

"Generally, 20.00% to 30.00%. In the off-season, 20.00% of the order is also made. But now the market is saturated, and it can reach 30.00%. Unlike before, some orders can earn [-]%." above."

"Continue the interview. I think your business is good, and you are also an old business. Why is there a funding problem this time? Also, can't your raw material suppliers give you some raw materials on credit?"

"Yunfei, you really don't feel pain in your back when you stand and talk. A scholar fights a war, and he doesn't know how to live or die."

"Hehe... I love to hear witty words, there must be great truth in them."

Hongshui Yun said: "You are a shoe maker. Shoes are daily consumer goods. You can produce them first and then sell them. Sometimes you are not afraid of being pressed in the warehouse. I am a water pump manufacturer. Water pumps are production equipment, not consumer goods. You can only place an order first and then sell them." Production. If my water pump is stuck in the warehouse, I'll be screwed."

"I understand that."

"In your footwear industry, as long as the production and sales are stable, the capital turnover period of two months is enough. In our water pump industry, because we order production, the capital turnover period is at least [-] days. I prepared according to four months. This time It's also stuck."

"This is an accident for you."

"Also, there are rules in the industry. Your shoe industry is inherently able to accept credit. If suppliers don't give you credit, they have to die first. We are just the opposite. I don't take cash, and people don't sell you raw materials at all. .”

"Hey, why is that?"

(End of this chapter)