My capital is quite large.

Chapter 427 Taking advantage of a crisis

Li Feng re-baited the fish, cast the line into the water, and watched the float stand firmly on the surface.

It's almost done.

In the business world, the key is to let things cool down before taking action.

Li Feng took off his sunglasses, looked at the embarrassed Wang, and took the initiative to break the ice:

"Mr. Wang, you didn't come all the way to Nanjing today just to keep me company while I sunbathe, did you?"

"I heard... that Wanda Commercial Management's A-share listing approval process... seems to have been stalled again recently?"

Hearing these words that struck a chord with him, Wang, the richest man, could only sigh with a wry smile:

"Sigh, Mr. Li is really well-informed."

Wang, the richest man, put down his fishing rod and began to subtly play the emotional card:

"To be honest, Mr. Li, the regulators have recently tightened the financing channels for real estate and commercial real estate too much."

"Although Wanda has a strong industrial foundation, we have invested too much capital from the delisting from the Hong Kong stock market, and we are indeed facing some liquidity problems in the short term."

"Brother came today to see if Haofeng could do me a favor and lend a hand to Wanda in terms of funding channels, to give his brother a push..."

Wang, the richest man, was still there, carefully choosing his words and beating around the bush.

However, Li Feng had no patience to listen to his pretense of maintaining a respectable image.

"Alright, Mr. Wang."

Li Feng interrupted his long-winded speech, saying crisply:

"Forget about complaining about being poor, just say it directly..."

"How much money do you need to borrow today?"

This direct and pressing question startled Wang, the richest man in China.

Now that the other party had revealed their hand, he decided to stop hiding it and gritted his teeth, revealing the number he had been calculating for a long time:

"Two hundred billion!"

"Mr. Li, Wanda needs 20 billion yuan in short-term bridge financing!"

"As long as we can get through this year, once our assets in mainland China are revitalized, we'll return this money, principal and interest, immediately!"

……

Two hundred billion.

In today's Dongda business community, apart from a few state-owned banks and funds, few private enterprises can come up with 20 billion yuan in cash without suffering significant losses.

However, upon hearing this number, Li Feng felt no emotion whatsoever.

He turned his head slightly and gave Zhang Yuxi, who was standing beside him, a look.

Zhang Yuxi understood immediately, took out a neatly bound contract from her briefcase, and handed it to the richest man, Wang.

Wang, the richest man, stared at the contract, his heart pounding!

On his way here, he was still worried about how to bring it up.

But now... the contract is already there?!

This means that as early as the moment he booked the trip three days ago, Li Feng had already calculated how much money he would need to borrow, and even prepared the indenture in advance!

The richest man in the country turned the first page with trembling hands.

However, as soon as I saw the amount column, I couldn't help but ask:

"Two hundred and fifty billion?!"

Wang, the richest man in China, was not calm. Could this be exorbitant interest rates?

"Mr. Li, why is the contract set at 25 billion?"

"Wouldn't it be better to give them an extra five billion?"

A playful look appeared on Li Feng's face.

"That 5 billion is a buffer I left for Wanda."

"After all, you should always leave room for maneuver."

Upon hearing this, Wang, the richest man, suppressed the strange feeling in his heart and continued flipping through the pages.

Immediately following, the interest rate column clearly stated—[Annualized interest rate: 24%]!

The interest for a full three billion a year!

Wang, the richest man in China, almost lost control of his facial expressions.

24%!

This is the legally protected maximum annualized interest rate limit for private lending and commercial financial loans at Dongda University!

Even 0.1% more is illegal usury!

Li Feng is skirting the bottom line of the law, using compliant means to ruthlessly bleed Wanda dry!

But Wang, the richest man, chose to swallow his anger.

He accepted the high interest rate!

After all, apart from Li Feng, no financial institution in the entire Dongda University dares to lend Wanda so much money at this critical juncture!

however!

When his gaze turned to page seven of the contract, and he saw the clause regarding the collateral for the loan...

*Smack!*

Wang, the richest man, jumped up from his fishing chair!

"Mr. Li!! This isn't right!!"

Wang, the richest man, pointed to that line of clauses, his voice trembling with anger:

"The collateral...you want me to pledge Wanda Pictures shares as collateral?!"

"This is absolutely unacceptable!!"

"Mr. Li! This Wanda Pictures is not Wanda Cinemas!"

"That's a film and television asset worth hundreds of billions! It's an independent listed company that includes production, distribution, and IP development!"

Even though film and television stocks have experienced some correction compared to the overall market in recent years, their current market capitalization is still at a high level of 70 billion!

Wang, the richest man, was practically growling:

"You're offering a loan of 25 billion, and you want me to pledge a company worth 70 billion as collateral?!"

"If I can't pay this money back by the end of the year... won't my 70 billion yuan Wanda Pictures company have to change hands to the Li family?!"

......

Faced with Wang, the richest man, Li Feng, sitting on the fishing chair, showed no intention of responding.

Zhang Yuxi, who was standing to the side, took a half step forward at just the right moment.

"Mr. Wang, please allow me to correct you."

"Due to the relevant authorities' ongoing special compliance investigation into Wanda's irrational large-scale overseas acquisitions in recent years..."

"Major domestic commercial banks have already issued internal investigation orders, requiring the entire system to investigate and clear out all types of corporate bonds and short-term financing bills issued by Wanda Group within a specified period!"

Zhang Yuxi, seeing Wang Shoufu's face turn deathly pale, added insult to injury:

"Impacted by this wave of bond selling, Wanda Film's A-shares experienced a panic sell-off and hit the daily limit down at the opening of trading today, and have now fallen to 55 yuan per share."

At this point, Zhang Yuxi glanced at the string of red text flashing on the tablet and added, with a slightly cruel tone:

"Sorry, it's 54.8 now."

"Given the current selling pressure and the speed of capital outflow, it remains uncertain whether Wanda Pictures' market value can be maintained at 60 billion by the end of this month."

……

"54.8 yuan..."

Wang, the richest man, swayed slightly, his face pale.

At this moment, Li Feng, who had been observing coldly for a long time, finally spoke:

"It seems... Wan Da has been facing quite a bit of trouble lately."

"Right now, besides Haofeng, what other company in China can come up with so much cash at once..."

"I'm afraid... there aren't many left to find, are there?"

"Oh, right." Li Feng seemed to remember something.

"Jack Ma's Ali and Tony Ma's Penguin, they should be able to come up with that money in their accounts."

"But Mr. Wang, they are a listed company."

"Such a large-scale, high-risk restructuring investment, even if Jack Ma and Pony Ma were willing to help you, would require going through layers of approval processes involving the board of directors, the investment committee, and the shareholders' meeting..."

"It'll take at least two or three months, right?"

......

The wind stopped.

The entire reservoir fell silent.

Wang, the richest man, stood under the scorching sun, like a fallen leaf in the autumn wind.

He looked at the mortgage clause in the contract, feeling an overwhelming sense of humiliation.

He knew this was taking advantage of someone's misfortune; he knew this was cutting off his own arm and flesh!

But did he... even have a choice?!

a long time.

Wang, the richest man who seemed to have aged ten years in an instant, said unwillingly:

"...I'll sign."

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