Wandering in the vast darkness

Chapter 51 is about project evaluation, not asset evaluation.

Mr. Wang immediately contacted the appraisal company that Mr. Ma had given him. The company said they could provide an appraisal report for their project, but the appraisal fee they quoted shocked Mr. Wang. They asked for 500,000 yuan.

Mr. Wang called Mr. Ma and told him about the situation. Mr. Ma was also in a dilemma. He said, "We can't pressure the third party. If we do, they will make a random assessment, and if any problems arise, they will turn around and say it was because of our interference. What can we say then?"

"Mr. Wang, regarding the appraisal fee, you two are the parties involved; you are the client and the appraiser, so only you two can discuss it."

Mr. Wang asked, "Mr. Ma, is it possible for me to choose another appraisal company?"

"No, the decision about the assessment company isn't mine. It's something our company has vetted and certified. Every department's business must be assessed by this company. By the way, isn't that how banks operate too?" Mr. Ma countered.

When Mr. Wang applies for a bank loan, the bank also requires an appraisal report from an appraisal company. The bank will also designate an appraisal company, but the appraisal fee is not as high as this one, which is several times higher than the normal fee.

The nationally stipulated appraisal fee collection standard is progressive; for example, for a fee of 100 million:

100万元以下部分，100×8‰=0.8万元；100万元-1000万元部分，900×3.5‰=3.15万元；1000万元-5000万元部分，4000×1.2‰=4.8万元；5000万元-10000万元部分，5000×0.75‰=3.75万元。合计是0.83.154.83.75=12.5万。

For each additional 100 million yuan in assessed value, the assessment fee will increase by 10,000 yuan.

Based on this standard, Mr. Wang carefully calculated that he needed to prepare an assessment report for 500 million yuan, which would cost 165,000 yuan.

"You can also choose to have an asset appraisal done. If you do, we'll charge according to the standard fee, and we can even give you a discount. China Investment Corporation also accepts asset appraisals."

The three people sat down on the sofa, and Mr. Li asked Mr. Wang, "What's your relationship with the local bank like?"

Mr. Ma handed the evaluation report to Mr. Li and said, "This is Mr. Wang's evaluation report, which meets our requirements."

"Very good," said Mr. Wang, but he still looked at Mr. Ma with a puzzled expression. What did this have to do with the bank?

Mr. Ma and Mr. Wang both said yes.

After careful consideration, Mr. Wang squeezed out 500,000 yuan from the company's already tight budget and transferred it to the appraisal company.

In front of Mr. Li and Mr. Ma, Mr. Wang made a phone call to the president of a bank he knew and told him about the funds. The investor wanted to entrust the bank to act as a third-party supervisor. The president told him that their bank could certainly do this business.

The so-called third-party supervision by banks is similar to entrusted loans. The banks don't need to pay a penny and even earn a supervision fee for free. All they have to do is prevent the money from being transferred to other companies or projects. How could they possibly disagree?

"But what we're doing now is project evaluation, not asset evaluation, so the fees will definitely be different."

At the same time, he also has time to wait for the development zone to finalize the land allocation, so his property ownership certificate can be obtained smoothly. Once he has the certificate, he can go to a bank and mortgage the factory to them, thus gaining extra funds. For a company like theirs that is developing and expanding its market, who wouldn't want more money?

"First and foremost, you need to have all the necessary licenses and permits. You need to provide us with the land certificate and property certificate to prove that you legally own these assets, right? We can only begin our work on this basis."

"No, no, thank you."

"Really not going to do it?" Mr. Ma asked.

The other party also kindly reminded Mr. Wang to say:

"No need, no need for that trouble," Mr. Wang quickly said. "I'll arrive in Beijing late at night, no need for the driver to go through the trouble, I can just take a taxi myself. I'll go to Mr. Ma's office tomorrow morning."

Mr. Wang told the other party, who said, "What you're talking about is the fee standard for asset appraisal. Asset appraisal is very simple. We don't need to do any work. The area of ​​the land and property has already been confirmed for us by the relevant departments. We just need to refer to the current local market price."

He felt that the hotel he stayed at had brought him good luck, so he made a point of staying there again this time. At the front desk, Mr. Wang wanted the room he had stayed in last time, but unfortunately, it was already occupied, and he had to give up.

At the same time, Mr. Wang had another ulterior motive. One advantage of doing project evaluation was that he didn't mortgage his assets to CIC. As long as their money came through, he could breathe a sigh of relief, the new factory could start operating, and the shrinking market could be expanded again.

Mr. Ma seemed to know what Mr. Wang was thinking, and quickly explained: "When our money goes out, we require the local bank to act as a third-party supervisor. We need to sign a supervisory agreement with your local supervisory bank."

The entire evaluation process went smoothly, and Mr. Wang received the evaluation report he had been dreaming of.

Mr. Ma said, "Okay, send me your flight number and I'll have someone pick you up at the airport."

Mr. Wang agreed, "Then I'll have the asset appraised. What procedures are required?"

Mr. Wang was in a desperate situation, waiting for the rice to be cooked, or rather, for the oil in the pan to start smoking, but he didn't even have the ingredients to cook yet. He couldn't possibly wait until the land and property certificates were issued before going to them. His biggest fear was that by then, CIC would have changed its mind, saying there was a policy adjustment, or that this year's lending quota had been used up and they couldn't lend anymore.

The next morning, Mr. Wang took the evaluation report to Mr. Ma's office. Mr. Ma looked at the report, stood up, and said to Mr. Wang:

"You have two options. One is to wait until the certificate is issued, and then come back to us for an asset appraisal. The other is that we can only do a project appraisal," the other party said.

"Come with me."

For Mr. Wang, once the money is transferred to his company account, how it's used is entirely his own business; how can the bank supervise it? Theoretically, all bank loans should be subject to post-loan supervision, but in reality, who cares? They're so careless with their own money, let alone other people's.

This time in Beijing, Mr. Wang stayed at the Beijing Overseas Chinese Building Ruisi Hotel again. People are particularly prone to superstition when things are going badly or too smoothly. Mr. Wang felt that he was very lucky last time he came to Beijing, to meet Mr. Ma and his large state-owned company, which solved all his problems.

Mr. Ma took Mr. Wang to the office of their company's general manager, surnamed Li. Mr. Ma introduced them, and Mr. Li immediately recognized him. He said:

Everything was settled. Mr. Li and Mr. Ma said:

"Then don't delay Mr. Wang and keep him anxious here. Send someone back to Mr. Wang immediately to sign a supervision agreement with the bank. Once the agreement is signed, the money can be transferred."

Mr. Li said, "It's a good thing for banks, and most banks would agree to it."

Upon receiving the assessment report, Mr. Wang immediately called Mr. Ma, saying he would take a late-night flight to Beijing to personally deliver the report.

"Alright then, see you tomorrow." Mr. Ma said and hung up the phone.

"Then, what should we do?"

"Is it the project in Hangzhou? The one we've already decided on?"

Mr. Wang was speechless for a moment. Wasn't his problem simply because he didn't have the necessary license? After thinking for a moment, he asked:

Who can say for sure about something like this?

The other party flatly refused: "That won't work. As long as the certificate hasn't been issued, legally speaking, you don't yet own the land and the house. We can't do it."

Instead of accepting the assessment report, Mr. Li said to Mr. Ma, "Since all the conditions are met, let's hand it over to the compliance department. Come, have a seat, Mr. Wang."

Thank you to Baby Tin Soldier and Starry Sea Bookworm 1977 for the donations! Thank you to Baby Tin Soldier and Reading Sea Little Soldier for the monthly tickets! Thank you for all the recommendation tickets and reads! Good afternoon everyone!