1988: Back to the human world for a few years

Chapter 476 This troublesome lunatic!
On the first day of listing, Yang Mo, as the general manager, set an example for the new company at the "meeting". Although the benefits are obvious, some small side effects also follow.

According to the company's articles of association, although General Manager Yang Mo has the right to make temporary decisions, the necessary procedures must be completed afterwards, and the Supervisory Board has the right to ask Yang Mo to explain the decision afterwards.

What is somewhat strange is that, although it is a new company and the twenty-odd members of the Supervisory Board were urgently selected from various regions/units, on the second day after the institution was listed, the meeting passed a resolution requiring Yang Mo to make an explanation afterwards with a voting rate of nearly 80%.

Yang Mo has always been a person who likes to follow the rules of the game, so he happily accepted the hearing initiated by the Supervisory Board, and his explanation was simple and crude.

"Because Dezhou Urban Property Fund has just been listed, if the land occupied by the office area is not taken into account, the company's actual assets are zero, but it has issued 0 project bonds, and the bond stock has reached 52 billion!"

Yang Mo's face was filled with sorrow and sighs. "Fund companies are not like real enterprises. They are essentially financial platforms. With so many bonds in stock, the interest every day is an astronomical figure. We need to spend money everywhere in the city, but with limited transfer payments, we don't have the guarantee of external blood transfusions. If we don't act every second, once the bonds default, we will lose face!"

At this point, Yang Mo glanced at the group of supervisory board members who he had never met before, and said earnestly: "Dezhou Urban Property Fund is an experimental financial platform led by the organization and jointly established by the competent authorities of DZ City and central enterprises... Once it loses its dignity, it will not only make Dezhou, a newly promoted prefecture-level city, lose face, but also discredit the credibility of the organization, and even make people question the feasibility of the tax-sharing reform!"

"This is a very complex matter. With your intelligence and rich experience, I'm sure it should be easy for you to figure it out, right?"

Finally, Yang Mo sighed heavily: "It's not possible!"

Hearing Yang Mo pull out a bunch of golden shields one after another, even using credibility, a bunch of older members of the Supervisory Board were immediately choked up.

This position and this perspective are so tricky, it’s simply unmatched.

It is obvious that you want to monopolize power and gradually turn Dezhou Urban Development Fund into the second Dahua Company, but you have an attitude of "I will go" and worry about the country and the people, as if you are fighting alone, defending your position alone, and shouting to the radio at Wang Cheng to fire at me.

What a helpless situation!
However, what Yang Mo said was correct. Although the huge initial fundraising capital of 22.5 billion yuan was the biggest reliance of Dezhou Urban Properties, it was also an extremely terrible burden. If it could not generate income quickly, the interest payment alone would be a huge sum that would make people collapse.

Huh?
its not right!
The chairman of the board of supervisors, who was not sensitive to numbers, reacted: "Mr. Yang, didn't our Dezhou Urban Property Fund only issue 29 billion corporate bonds to 22.5 units? How come the bond balance suddenly became 27.1 billion?"

Another middle-aged man also said, "Yes, the company only has 27 key urban infrastructure projects and 7 industrial projects on file, which adds up to 34 projects. How come the number of project bonds issued has suddenly increased to 52?"

Yang Mo looked at them strangely. "Didn't I officially announce the start of the [Destocking] plan at the meeting yesterday? Didn't I also officially launch and promote the 10 billion yuan/year plan for light and heavy industrial products?"

Hearing the terrifying figure of 10 billion per year, the Chairman of the Supervisory Board's eyelids twitched violently and swallowed with difficulty: "But even if this plan is included, there are only 35 projects approved... Besides, this is an order issued by General Manager Yang yesterday. Even if the Compliance and Risk Control Department does not need to conduct risk assessment on the project, the Investment Management Department should not be so quick to register, connect, and issue bonds!"

Yang Mo looked at the old man with a strange expression: "First, the 10 billion/year light and heavy industrial products plan is just a general term. From the name, you can tell that this is not an ordinary business activity involving only one company."

"In fact, this plan covers six major industries in Dezhou and Lanling, including classified production and manufacturing, organization and coordination, transportation and transit, warehousing and preservation, digestion channel expansion, advance payment and turnover, and a series of other links."

“The 18 new sub-projects in the first phase are still relatively few. With the launch and implementation of the plan, the number of sub-projects that will require financing will definitely not be less than 100!”

After a slight pause, a trace of pity flashed in Yang Mo's eyes: "Second, I don't know what the working style of your previous units was like, but what I want to say is... I hope that you will adapt to the pace of the Urban Property Fund as soon as possible."

"The director of the investment management department is now held concurrently by Zhang Wenshun, the acting section chief of Momo Baitou, and the main backbones of the department are all concurrently held by the cadres of Momo Baitou;"

"I don't know if you are familiar with Momo Baitou's style of work, but what I want to tell you is that... with Momo Baitou's existing network resources and business proficiency in the social capital sector, if they can't even mobilize a preliminary result for a Class A task directly issued by the general manager within an afternoon, then they have no right to stay in this department."

At this point, Yang Mo shrugged his shoulders: "But their mobilization ability is more reflected in commercial projects. If they are asked to raise funds for infrastructure projects... let alone 4.6 million, it will be difficult to raise 460 million in a short period of time!"

Hearing these remarks, which seemed like a warning and also like Versailles, the chairman of the Supervisory Board's eyes went dark. If the situation did not allow it, he would have wanted to jump up and spit saliva in this guy's face.

Would you believe that they raised 4.6 million yuan in half a day without any preparation?

Even robbing a bank is not that fast!
Do you really think we don’t know that you traveled to more than a dozen counties last month?

What's the point of putting all the blame on Mo Mo Bai Tou? ?

If they have this ability, I will perform a handstand and eat shit in front of you!

Taking a deep breath, the chairman of the board of supervisors looked at Yang Mo earnestly and said, "Boss Yang, I know you are always resolute and decisive, and you have done things for the company's consideration, but you can't eat hot tofu in a hurry."

"As the general manager of the company, you used your temporary decision-making power to promote the light and heavy industrial products exchange plan. After understanding your considerations, we have no objection."

“However, although we have no objection to your decision, we think it is better to follow the normal process regarding the bonds for these sub-projects;”

"After all, we have to be cautious when it comes to a huge sum of money, up to 4.6 million yuan. Moreover, it is unreasonable to raise all the funds in just one afternoon. According to organizational principles, we need to start an investigation with the Audit Department to investigate the compliance of the source of these funds and the transaction process."

After using the old-fashioned method of bringing up the audit department to scare people, the chairman of the board of supervisors looked at Yang Mo meaningfully and said, "Boss Yang, the work was just launched yesterday afternoon. Logically speaking, the 4.6 million yuan should only be a verbal promise. Moreover, the company was only established yesterday, the official seal was just filed, and the contract should not have been signed yet."

After a slight pause, the old man's tone was full of persuasion: "Boss Yang, this is the first time for everyone to work together as a team, and there will definitely be some adjustments in the process. I personally trust you, Boss Yang, and I am willing to trust Minister Zhang and others, but the Supervisory Department has a responsibility here, and there are some things that cannot be ignored;"

"So, my suggestion is...why don't you ask Minister Zhang to stop what he's doing?"

"Let's follow the procedures. We will evaluate, approve and sell the bonds one by one. As long as the amount of a single bond is less than 1000 million, and you, Mr. Yang, have signed and confirmed it, our board of supervisors has no right to interfere."

It was obvious that the old man was advising Yang Mo not to make such a big move all at once, and it would be better to break the funds down and raise them bit by bit, thus saving a lot of unnecessary trouble.

Yang Mo looked at the old man in front of him calmly, with a smile flashing in his eyes.

Indeed, this method of breaking things down into smaller pieces can save the trouble of the Supervisory Board getting involved.

But the problem is that this will invisibly impose many other shackles on the evaluation and project establishment stages.

Apart from anything else, even a fool would know that to raise such a huge amount of 4.6 million yuan in just one month, the legitimacy of a considerable portion of the funds is questionable, and there are also many individual investors who are not eligible for selection.

So, you can figure out what this old man is planning just by thinking with your butt.

As expected, seeing that Yang Mo just looked at him without saying anything, the old man hesitated for a moment and lowered his voice slightly: "Of course, I know that if we follow the procedure completely, it will slow down the pace of the plan to a certain extent, but the organization has regulations and we cannot violate them."

At this point, the old man gritted his teeth and said, "How about this? At the beginning of the company, when everyone is united, if this light and heavy industrial product exchange plan is imminent, why don't you, Mr. Yang, ask Minister Zhang to screen it and only retain the funds of state-owned enterprises, and withdraw the funds of individuals and non-public economic entities. In this way, you only need to provide a simple unit investment certificate to ensure the compliance of the source of funds... As for the missing funds, we will risk our reputation to help you recommend some qualified and high-quality investors, and then make up for it!"

Yang Mo calmly looked at the old man who had been showing him "goodwill" and suddenly laughed: "Okay, since Chairman Qin is willing to contribute to the company, I would like to thank him here!"

Just as the old man was about to say something with joy on his face, he heard Yang Mo reporting a set of figures: "Of the 4.6 million yuan of new funds raised yesterday, the purchase of bonds by four types of state-owned enterprises, five types of state-owned enterprises and other types of economic entities accounted for about 31.5%, which means that about 1.45 million yuan of funds need to be verified for compliance;"

"The 1.45 million yuan of funds proposed for withdrawal involve about 240 units of all sizes, more than half of which are led by Lanling City's competent authorities and participate in this planned action in the investment + manufacturing business cooperation model;"

"As for Lanling, I am quite familiar with them. Even if we cancel the cooperation, I believe the competent authorities there will not embarrass me."

"So, as long as Chairman Qin can convince your friends... oh, no, the companies you introduced, to pay the 4350 million yuan in bond interest in advance and clear the funds, it won't be a big deal."

! ! ! !
The old man was shocked: "4350 million!?"

Yang Mo shrugged. "It's normal. This is not a bond issued for an urban infrastructure project, but a commercial project. Given the current inflation rate and the scarcity of funds for domestic enterprises, it is essentially a five-year commercial project bond for venture capital. The basic rate of return is set at 30%, which is three times the five-year interest rate for commercial loans from banks. It's not an excessive number, right?"

"That's all. I haven't even taken into account the hidden losses caused by the debt-for-equity swap agreed in the contract after three years!"

At this point, Yang Mo looked at the other party innocently and said, "I said that you may really need to adapt to the work rhythm of Momo Baitou... As of ten o'clock last night, the 4.6 million bond purchase contracts have all been signed, which naturally includes the 1.45 million."

Nima!

No matter how stupid he was, the old man understood that Yang Mo rejected him. What a joke, do you think every unit is as rich as your oil system and your Dahua Company?
4350 million!

Who the hell is rich enough to spend 4350 million to buy a ticket?
Besides, everyone knows that you and Lanling are as close as brothers. Nowadays, the local competent authorities are the real mothers of those local state-owned enterprises. As long as the Lanling competent authority gives in, the contract was just signed last night, even if you cancel the cooperation, there is no point in asking for early payment of interest!
Thinking of this, the old man's face became a little stiff. "Then there is nothing we can do. The organization has regulations that require an investigation into the compliance of the source of funds with a single amount exceeding 1000 million... Since Minister Zhang has already signed a bond purchase agreement, our Supervisory Committee can only report it to the organization and then apply to start the intervention procedure with the Audit Department."

Yang Mo understood: "I understand. After all, it is the organization's rule!"

When the old man was wondering why Yang Mo, a notorious troublemaker, could be so easy to talk to, he saw Yang Mo's face suddenly turned serious: "Of course, I understand, but this project is related to the survival of the Chengchan Fund, and I, as the general manager, cannot but pay attention to it."

Gently pinching three fingers, Yang Mo's eyes were as sharp as a knife: "Seven days!"

"I can only give you seven days!"

“Within seven days, the Supervisory Committee and the Audit Department must complete all investigations into the compliance of the funds and issue a formal report.”

“During these seven days, if the Board of Supervisors and the Audit Department misjudge the compliance of any funds, affecting the friendship between Dezhou Urban Property Fund and its investment partners and the feelings of the local authorities in Lanling, or even causing the other party to withdraw its investment... all consequences will be borne by the Board of Supervisors and the Audit Department!”

"Similarly, if you are unable to check the compliance of all funds within seven days, then I have reason to suspect that you are looking for an excuse to prevent the smooth implementation of the light and heavy industrial product exchange plan... At that time, I will trouble you to go to the Discipline Inspection Division and the Security Department!"

At this point, Yang Mo's eyes were dangerous: "I said that you should adapt to the work rhythm of the new company... Checking the compliance of funds is not an audit, seven days... is enough!"

As soon as these words were spoken, not only the old man, but also the other members of the Supervisory Board broke out in cold sweat on their foreheads.

Indeed, under the current somewhat crude regulatory measures, it is not complicated to determine the compliance of the source of funds. All you need to do is ask the bond buyer to provide a unit investment certificate, review the qualifications of the other party's unit, and check the bank statements and deposits.

Although this is actually a very complicated process, people have said that we have to learn to adapt to the work pace of the new company. Since the Investment Management Department (默默百投) can handle so much funds and contracts in one afternoon and one night, why can't your Supervisory Board and Audit Department complete the review work within seven days?
However, God has mercy on us. This is a huge project involving hundreds of companies. The 1.45 million yuan of questionable funds alone involves 240 large and small units.

More importantly, many units and individuals here bought bonds with the help of Lanling City and its subordinate county authorities... Those units or individuals may not be qualified, but with the indirect credit from the local authorities in Lanling City, the situation is different. You can't say that the funds invested by the local authorities are still in doubt about their compliance, right?

The worst part is that this is indirect credit, not direct credit, and it is impossible for the other party to issue a credit certificate... Even when being questioned, this matter was not mentioned at all.

This is very serious. If Yang Mo wants to punish them and instructs several units to deliberately conceal this relationship when cooperating with the investigation, and then slaps them in the face when the Supervisory Board and the Audit Department come out with their judgment, then they will really be doomed.

You have to know that as the general manager of Dezhou Urban Property Fund Company, Yang Mo, who is highly expected by the city and the organization, actually has terrifying power;

As soon as he took office, he arbitrarily and immediately pushed forward a 10 billion scale light and heavy industrial product exchange plan. Of course, he had the ambition to turn the new company into a one-man show again, but it can also be seen as a positive feedback to the high hopes given by the organization... Even if ordinary people want to push forward such a large-scale move, they do not have the strength and ability to do so.

Therefore, Yang Mo’s last threat, although very blatant, is entirely possible.

I worked so hard to integrate hundreds of millions of funds, but you questioned their compliance right away, and then did everything you could to block the light and heavy industrial products exchange plan, a major project that can directly affect the recovery and upgrading of DZ City's industrial manufacturing industry...

What on earth do you want to do!?

What is your intention?
Tell the truth, are you an enemy agent sent by external forces to cause sabotage?!
No one can bear this kind of crime.

And if this crime was put upon them by Yang Mo, then they would have no way to defend themselves - not only was his investment huge, which was rare in the country, he was also good at multi-pronged group coordination. If they insisted that it was because of the delay of these few days that other coordinated projects had suffered immeasurable potential losses, and the potential losses could even be in the billions, then even God could not save them.

MD, how could I meet such a difficult lunatic!

unlucky!

The old man's face was gloomy, and his eyes were hesitant...

………………

Half an hour later, Yang Mo returned to his office with a calm expression.

Perhaps out of consideration for future business needs, or perhaps because they were not used to Dahua's "deliberately showing poverty" style, the city directly allocated a newly built building to Dezhou Urban Property Fund Company as an office area, and the office of Yang Mo, the general manager, was much more luxurious than that in Dahua.

Not only is the space area up to 50 square meters, the interior is also fully furnished, with sofas, coffee tables, tea tables, oversized office desks, televisions, water dispensers, VCRs, leather boss chairs, and even a Great Wall 486, which is extremely valuable nowadays... Although in Yang Mo's eyes, this is an antique that still uses floppy disks and is too lazy to even use them.

That is to say, the country has not issued relevant regulations yet. Otherwise, the fact that the per capita office area exceeds 20 square meters alone is enough to make Yang Mo, a director-level cadre, suffer a lot... Who told him not to have an office secretary?

Sitting on the extremely thick leather boss chair, Yang Mo first sighed with some fatigue, then looked at the street scene outside the floor-to-ceiling window and began to ponder.

He must fight for what he should fight for. Since his golden body was built by the success of one project after another, he must not lose the initiative and absolute voice in the fund company... This was the advice Wang Yinuo gave him, and he agreed with it deeply.

Therefore, he did not regret turning the meeting into a work arrangement meeting right from the start yesterday; nor did he regret using an almost cheating method to directly intimidate the group of old men in the Supervisory Committee today.

He knew exactly what those guys wanted.

But one thing is for sure, he doesn't mind sharing some meat with others when the time is right, but it definitely can't be now, and definitely not the light and heavy industrial products exchange plan.

I looked at the calendar on my desk, December 12st.

There is less than a month left until January 1991, 1... time is running out!

Thinking of this, Yang Mo couldn't help but frown.

No one knew better than him how much shock and despair the action that would take place thousands of miles away a month later would bring to the Chinese people; no one knew better than him how drastic a change the domestic wind direction and environment would undergo by then.

Forget it.

You are just a small ant, why should you worry so much? Just take it one step at a time!

Laughing at himself in his heart, Yang Mo took out a cigarette and lit it, then glanced at the pile of documents on the desk. He didn't even have the desire to open them and take a look.

Kakakka~
The slightly dull knock on the thick solid wood door woke up Yang Mo who was in a daze.

"Please come in!"

As his apprentice was transferred back to the drilling company, the new secretary who was forced to come by a fat guy pushed the door open with some trepidation: "Boss Yang, Minister Zhuo and Director Song are here. Do you have time now?"

Perhaps because they have the same surname, Zhuo Junyue's tone was a little strange when he mentioned "Minister Zhuo".

Director Song?
Song Wenxuan?
"Director Song has returned to China?"

Yang Mo's tone was a little surprised.

Perhaps because she was intimidated by Yang Mo's extremely strong attitude yesterday, Zhuo Junyue looked at him more cautiously: "Director Song returned to China after nine o'clock this morning. After getting off the plane, he didn't even go home, but came here directly... He and Minister Zhuo have been waiting for you in the waiting room for almost an hour."

You just came here without even taking a break?
Or did you come here with Zhuomali?

Could it be...that something happened in Nanyang?
Thinking of the rather distressing name of Nanyang, Yang Mo's expression suddenly became grim: "Please invite Director Song and Minister Zhuo over!"

(End of this chapter)