I asked you to save a bankrupt factory and you became the richest man in the world.
Chapter 119 Chapter 126: What conditions are imposed on Hillhouse Technology?
Chapter 119 Chapter 126: What conditions are imposed on Hillhouse Technology? (First update)
That night, Leader Wang and others did not go to dinner, go home, or exercise as usual.
Instead, a group of leaders sat together for the rare occasion, discussing the content of today's negotiations with Gao Huaijun in a smoke-filled small conference room.
"Tell me what you think of the opinion put forward by Hillhouse Technology!" Leader Lu presided over the meeting. He flicked the ashes from his cigarette and rubbed his tired eyes.
He held five consecutive meetings today, and tonight's symposium is the sixth.
"I personally support the acquisition of Xicheng Machinery Factory and Xicheng Electrical Machinery Factory. Xicheng Rural Commercial Bank's current deposits and loans are only a few hundred million. In the past, many of them were non-performing credit unions. Assets are not that valuable!" Leader Nan Changqian, who had been silent at the negotiation table this morning, clearly supported it.
"Leader Lu, I also think this is a win-win choice. We have not only stabilized Hillhouse Technology, but as long as they get bigger and bigger, they will not be willing to move from Xicheng! Moreover, Xicheng Machinery Factory and Xicheng Motor These two factories are financial black holes. Every year we have to fill them with 200 million yuan. Without our blood transfusions, these two factories would have collapsed long ago! Now there are people who are willing to bear these two burdens. Needless to say, this alone Options are really not something that ordinary companies can do.”
"We at Binhu are willing to facilitate this investment and can also provide a limited liability guarantee!"
Binhu Sun's leader also supports this merger.
Leader Lu glanced at the two of them respectively, with a slight sneer on his lips, but did not interrupt.
Of these two people, one is from the Xicheng Machinery Factory, and the other is from the Xicheng Electric Machinery Factory.
Every year when the Spring Festival comes, I will be asked to pay my salary.
The two of them can be considered as brothers.
No wonder you are so positive!
Xicheng Rural Commercial Bank has just been established. Although it has certain potential, it is impossible to become the size of the four major banks. It is a dream to become a big bank with Xicheng's size.
And if you want to expand your business in other cities, you may not be able to continue playing it yourself, depending on whether other places are willing to cooperate.
Therefore, the two of them can see clearly that this bank license is scarce, but it is not scarce enough.
They have little interest in Xicheng Rural Commercial Bank, and they have heard of Hillhouse Technology for a long time. After taking over the mess, these two factories can even generate tax revenue. No matter how you look at it, it is a win-win situation, which is the legendary won twice, so they were actively cooperating.
Leader Wang did not speak on the side, while Leader Lu listened to the opinions of the two leaders and did not express his position. Instead, he turned to Leader Li who was in charge of investment promotion.
Leader Li coughed, flipped through the notebook that recorded the development history of Hillhouse Technology, and then said, "Looking at the history of Gao Huaijun's development, this guy is extremely gambling. In just over 2 years, he has already reached nearly 4 nodes and is on the verge of... The company went bankrupt! But that’s it, they actually won the bet! It’s just incredible.”
"I have to say, this guy has a good vision. He has set the right pace."
Everyone present nodded.
Such an evil person is becoming more and more influential in the world of Xicheng, which puts them under a lot of pressure!
"So." He looked at Leader Wang, "I analyze that Hillhouse Technology wants the shares of Xicheng Rural Commercial Bank so much because it just feels that Hillhouse Technology does not have a deep foundation and will not be able to develop as easily as before, so it needs to borrow help. , using its own technology and borrowed funds with the help of Xicheng Rural Commercial Bank, the brand value of Hillhouse has once again reached a new high!"
Leader Lu said "Hmm", "So, does Leader Li mean to reject Gao Huaijun?" "It's not wise to reject Gao Huaijun directly. After all, their company is developing so fast now. Since he mentioned it like that, he is not afraid of our rejection. I think it is okay. In addition to the acquisition quotation of 3000 million, some acquisition fees will be added. At the same time, the tax amount of Hillhouse Technology in Xicheng will be required, so that they can make specific requirements on the amount of tax they have to pay in Xicheng within 5 years. If they If it cannot be achieved, it will be recycled by us at the same price." Leader Li shook his head.
The other leaders present couldn't help but their eyes lit up!
This old Li, both strategies are very targeted and effective~
Leader Wang, who was on the side, listened with confusion and did not express his opinion.
Everyone here has their own interests behind them, and what they say is said after careful consideration.
So he didn't dare to make a decision easily.
He had just arrived and actually didn't know much about the situation of Xicheng Rural Commercial Bank.
I just know that this bank, which usually holds meetings at the edge of the corner, was born out of Xicheng Credit Union, which has extremely serious non-performing debts. Now, for some unknown reason, it has been targeted by Xinxing Hillhouse Technology and suddenly became the protagonist of this meeting.
"The president of the Rural Commercial Bank has been vacant for several months. After the former Lao Wu retired, deputy president Zhang Yuan has been acting president." Leader Lu explained at the side.
"Is he not here today?" Leader Wang then asked.
"I'm here, Leader Wang." Zhang Yuan wiped his sweat and nodded.
"Well. Tell me your opinion from the perspective of Xicheng Rural Commercial Bank!" Leader Wang frowned and asked.
"There are precedents for banks in various places to allow private capital to come in. For example, Minsheng Bank and the Modu Rural Commercial Bank, which was the first to establish a rural commercial bank, are all active in the presence of private capital."
“However, the interbank association has only two requirements for private capital: first, relevant private capital cannot borrow shares in banking institutions to engage in related transactions; second, adhere to the separation of ownership and management rights, and strictly manage the qualifications of senior managers. Only those who are proficient in Only bank operation personnel can engage in specific bank physical transactions.”
Zhang Yuan came prepared, sorted out the information at hand, and said casually.
Leader Wang was smoking a cigarette and thinking silently with his head down.
These two points are actually the interbank association's prevention of private capital in the two sectors. However, during the actual operation, supervision was not in place.
The first point is that the later Forever Real Estate used Shengjing Bank to carry out related directional bank acceptances, which resulted in a large number of acceptances on the market. After the Forever Grand Bankruptcy, they were even acquired by middlemen at a [-]% discount. Condition.
Later, Shengjing District came forward and forcibly acquired the relevant shares of Yongda, and the mess was cleared up.
Not to mention the second point, as one of the core shareholders of a small bank, there is no doubt that personnel will intervene.
Just like Hillhouse Technology entering Xicheng Rural Commercial Bank, if you don't transfer some of your rights, others will just come in and take advantage of your interest rate?
is it possible!
With this interest rate difference, there are not enough bankers to allow Hillhouse Technology to stay in Xicheng for a long time!
(End of this chapter)
That night, Leader Wang and others did not go to dinner, go home, or exercise as usual.
Instead, a group of leaders sat together for the rare occasion, discussing the content of today's negotiations with Gao Huaijun in a smoke-filled small conference room.
"Tell me what you think of the opinion put forward by Hillhouse Technology!" Leader Lu presided over the meeting. He flicked the ashes from his cigarette and rubbed his tired eyes.
He held five consecutive meetings today, and tonight's symposium is the sixth.
"I personally support the acquisition of Xicheng Machinery Factory and Xicheng Electrical Machinery Factory. Xicheng Rural Commercial Bank's current deposits and loans are only a few hundred million. In the past, many of them were non-performing credit unions. Assets are not that valuable!" Leader Nan Changqian, who had been silent at the negotiation table this morning, clearly supported it.
"Leader Lu, I also think this is a win-win choice. We have not only stabilized Hillhouse Technology, but as long as they get bigger and bigger, they will not be willing to move from Xicheng! Moreover, Xicheng Machinery Factory and Xicheng Motor These two factories are financial black holes. Every year we have to fill them with 200 million yuan. Without our blood transfusions, these two factories would have collapsed long ago! Now there are people who are willing to bear these two burdens. Needless to say, this alone Options are really not something that ordinary companies can do.”
"We at Binhu are willing to facilitate this investment and can also provide a limited liability guarantee!"
Binhu Sun's leader also supports this merger.
Leader Lu glanced at the two of them respectively, with a slight sneer on his lips, but did not interrupt.
Of these two people, one is from the Xicheng Machinery Factory, and the other is from the Xicheng Electric Machinery Factory.
Every year when the Spring Festival comes, I will be asked to pay my salary.
The two of them can be considered as brothers.
No wonder you are so positive!
Xicheng Rural Commercial Bank has just been established. Although it has certain potential, it is impossible to become the size of the four major banks. It is a dream to become a big bank with Xicheng's size.
And if you want to expand your business in other cities, you may not be able to continue playing it yourself, depending on whether other places are willing to cooperate.
Therefore, the two of them can see clearly that this bank license is scarce, but it is not scarce enough.
They have little interest in Xicheng Rural Commercial Bank, and they have heard of Hillhouse Technology for a long time. After taking over the mess, these two factories can even generate tax revenue. No matter how you look at it, it is a win-win situation, which is the legendary won twice, so they were actively cooperating.
Leader Wang did not speak on the side, while Leader Lu listened to the opinions of the two leaders and did not express his position. Instead, he turned to Leader Li who was in charge of investment promotion.
Leader Li coughed, flipped through the notebook that recorded the development history of Hillhouse Technology, and then said, "Looking at the history of Gao Huaijun's development, this guy is extremely gambling. In just over 2 years, he has already reached nearly 4 nodes and is on the verge of... The company went bankrupt! But that’s it, they actually won the bet! It’s just incredible.”
"I have to say, this guy has a good vision. He has set the right pace."
Everyone present nodded.
Such an evil person is becoming more and more influential in the world of Xicheng, which puts them under a lot of pressure!
"So." He looked at Leader Wang, "I analyze that Hillhouse Technology wants the shares of Xicheng Rural Commercial Bank so much because it just feels that Hillhouse Technology does not have a deep foundation and will not be able to develop as easily as before, so it needs to borrow help. , using its own technology and borrowed funds with the help of Xicheng Rural Commercial Bank, the brand value of Hillhouse has once again reached a new high!"
Leader Lu said "Hmm", "So, does Leader Li mean to reject Gao Huaijun?" "It's not wise to reject Gao Huaijun directly. After all, their company is developing so fast now. Since he mentioned it like that, he is not afraid of our rejection. I think it is okay. In addition to the acquisition quotation of 3000 million, some acquisition fees will be added. At the same time, the tax amount of Hillhouse Technology in Xicheng will be required, so that they can make specific requirements on the amount of tax they have to pay in Xicheng within 5 years. If they If it cannot be achieved, it will be recycled by us at the same price." Leader Li shook his head.
The other leaders present couldn't help but their eyes lit up!
This old Li, both strategies are very targeted and effective~
Leader Wang, who was on the side, listened with confusion and did not express his opinion.
Everyone here has their own interests behind them, and what they say is said after careful consideration.
So he didn't dare to make a decision easily.
He had just arrived and actually didn't know much about the situation of Xicheng Rural Commercial Bank.
I just know that this bank, which usually holds meetings at the edge of the corner, was born out of Xicheng Credit Union, which has extremely serious non-performing debts. Now, for some unknown reason, it has been targeted by Xinxing Hillhouse Technology and suddenly became the protagonist of this meeting.
"The president of the Rural Commercial Bank has been vacant for several months. After the former Lao Wu retired, deputy president Zhang Yuan has been acting president." Leader Lu explained at the side.
"Is he not here today?" Leader Wang then asked.
"I'm here, Leader Wang." Zhang Yuan wiped his sweat and nodded.
"Well. Tell me your opinion from the perspective of Xicheng Rural Commercial Bank!" Leader Wang frowned and asked.
"There are precedents for banks in various places to allow private capital to come in. For example, Minsheng Bank and the Modu Rural Commercial Bank, which was the first to establish a rural commercial bank, are all active in the presence of private capital."
“However, the interbank association has only two requirements for private capital: first, relevant private capital cannot borrow shares in banking institutions to engage in related transactions; second, adhere to the separation of ownership and management rights, and strictly manage the qualifications of senior managers. Only those who are proficient in Only bank operation personnel can engage in specific bank physical transactions.”
Zhang Yuan came prepared, sorted out the information at hand, and said casually.
Leader Wang was smoking a cigarette and thinking silently with his head down.
These two points are actually the interbank association's prevention of private capital in the two sectors. However, during the actual operation, supervision was not in place.
The first point is that the later Forever Real Estate used Shengjing Bank to carry out related directional bank acceptances, which resulted in a large number of acceptances on the market. After the Forever Grand Bankruptcy, they were even acquired by middlemen at a [-]% discount. Condition.
Later, Shengjing District came forward and forcibly acquired the relevant shares of Yongda, and the mess was cleared up.
Not to mention the second point, as one of the core shareholders of a small bank, there is no doubt that personnel will intervene.
Just like Hillhouse Technology entering Xicheng Rural Commercial Bank, if you don't transfer some of your rights, others will just come in and take advantage of your interest rate?
is it possible!
With this interest rate difference, there are not enough bankers to allow Hillhouse Technology to stay in Xicheng for a long time!
(End of this chapter)
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