Rebirth of the Industrial Tycoon

President Wu is here to send the loan again!

However, President Wu did not come empty-handed, he also carried two bottles of Wuliangye.

"Old Wu, don't leave when you come, let's eat together at noon!" Li Weidong greeted with a smile.

The two of them have dealt with each other several times, and they are already acquainted, plus they have eaten together a few times, and they are no longer called "President Wu" and "Director Li".

Greeting President Wu to sit down, Li Weidong poured him a cup of tea, and then asked, "Old Wu, when you come this time, won't you let me take a loan again?"

"You told me? Is your factory short of money? Do you need a loan?" President Wu asked directly.

"My tens of millions have been deposited in your bank, and I asked me if I wanted a loan! Don't you know it yourself?" Li Weidong said with a smile.

"I'm just asking." President Wu went on to explain: "Didn't the city leaders come to visit you the day before yesterday, and I also received instructions from the leaders to fully guarantee the production of your factory. If you are short of funds, I will give it to you. Make a loan!"

"Thank you for the leadership's concern for me!" Li Weidong said casually, and then asked; "Is it true that the loan interest rate has also dropped now?"

"Deposit and loan interest rates have dropped!" President Wu sighed: "As soon as the interest rate is lowered, fewer people will save money. Now those who come to our bank come to buy treasury bills! The money for selling treasury bills must be turned over directly to the state. , There are fewer people depositing, and our bank is starting to run out of money."

At that time, treasury bills were mainly physical bills, that is, the kind with a fixed face value. It was not until 1997 that voucher-style treasury bills were fully adopted in China.

"The savings rate of the common people in our country is still quite high. If your bank is short of money, I'm afraid not!" Li Weidong asked with a smile.

"Isn't this the country starting to clean up the triangular debt? The Planning Commission, Economic Commission, Finance, and Banks are all involved. The main work of our bank is to pay for money, and to check bad debts. To put it bluntly, it is all about throwing money out and overcharging for spending. If you don’t have enough money, you naturally have no money in your hands.” President Wu replied.

"There should be a lot of bad debts, right?" Li Weidong asked.

President Wu hesitated for a while, but still nodded: "It doesn't matter if you don't check, I was shocked when I checked, at least I was really shocked! Many companies seem to be producing normally, but in fact they are already insolvent, as long as the bank The era will definitely go bankrupt!"

"How is the situation of the Jinxing Agricultural Machinery Factory in our district? Is it also insolvent?" Li Weidong asked immediately.

"The actual situation of the Jinxing Agricultural Machinery Factory is more complicated. At the beginning, the district gave us the Jinxing Agricultural Machinery Factory with a loan of 10 million yuan. In fact, the Jinxing Agricultural Machinery Factory at that time was carrying a loan of more than 2 million yuan. Later, the agricultural machinery factory received a loan from the Agricultural Bank of China. First, they loaned 4 million to buy the production line of tractors, and then 2 million to buy materials, and they also have more than 2 million other debts." President Wu said.

Li Weidong nodded: "That adds up to a debt of more than 20 million!"

"This account can't be calculated like this. The agricultural machinery factory is mortgaged with our bank. If they can't pay the 10 million yuan loan, we have the right to collect the entire Jinxing agricultural machinery factory to pay off the 10 million yuan loan."

President Wu said with a long sigh: "But since the agricultural machinery factory still has a debt of 10 million yuan, if we take away the agricultural machinery factory, when we take over the assets of the agricultural machinery factory, we must also bear the debt of the agricultural machinery factory."

"Then is it possible for you to only receive assets and not debts?" Li Weidong asked.

"We think so too!" President Wu shook his head helplessly and continued; "At that time, your district mortgaged the entire Jinxing Agricultural Machinery Factory to us. To be honest, the assets of the agricultural machinery factory are nothing more than land, plant and equipment. , certainly not worth ten million.

We were willing to pay for this loan at the time, and we also looked at the profitability of Jinxing Agricultural Machinery Factory. But who would have thought that the situation in the past two years has not been good, and the situation of Jinxing Agricultural Machinery Factory has also turned sharply. We are equivalent to spending 10 million and buying another 10 million in debt, which is a loss! "

Li Weidong nodded, and then asked: "Then what is the specific situation of Jinxing Agricultural Machinery Factory? Can you still pay the interest?"

"Just do it!" President Wu continued: "A few days ago, Jinxing Agricultural Machinery Factory entered a production line of four-wheeled small tractors, and the sales were good in the first two months, but now it seems to be no good.

Fortunately, agricultural machinery has always been subsidized by the state, so Jinxing Agricultural Machinery Factory can maintain the normal operation of the enterprise. As for the interest, it's in arrears anyway, if you ask him, he will pay it back, and it's impossible to pay it back in full. "

"According to this repayment method, isn't the interest accumulated more and more?" Li Weidong asked.

"Yeah, a loan of more than 20 million yuan is more than 2 million yuan in interest a year, and it is always late in arrears. It will be hard to get back sooner or later."

President Wu said helplessly, then he looked at Li Weidong and asked, "I said Weidong, I remember you asked me about this Jinxing Agricultural Machinery Factory before, do you have any thoughts on it?"

Li Weidong smiled slightly: "Since you have already asked, I will not hide it from you. I plan to buy the Jinxing Agricultural Machinery Factory to make agricultural machinery!"

President Wu was stunned and said, "Jinxing Agricultural Machinery Factory is a collective enterprise!"

"My electric furnace factory is not a collective enterprise in name!" Li Weidong said with a smile.

"Jinxing Agricultural Machinery Factory is different from your township-level 'fake collective'. They are a serious county-level collective enterprise and an asset in your district!" President Wu said again.

"Old Wu, what you said is wrong. Hasn't the district already mortgaged the Jinxing Agricultural Machinery Factory to your bank? As long as the 10 million yuan has not been repaid, the agricultural machinery factory is the mortgage!" Li Weidong smiled. said.

President Wu thought about it, and it seems that this is the case. It is hard to say who owns the property rights of Jinxing Agricultural Machinery Factory.

After pondering for a while, President Wu said, "I said Weidong, even if the property rights of Jinxing Agricultural Machinery Factory are not clear now, it is also a matter between your district and our bank, so it can't be in your hands, right? "

"Old Wu, that's what I thought. At the beginning, Jinxing Agricultural Machinery Factory mortgaged you for a loan of 10 million yuan. Anyway, the agricultural machinery factory can't pay the loan of 10 million yuan. Why don't you give the agricultural machinery factory to the agricultural machinery factory? Take it back, then resell it to me, and I'll give you ten million!"

Li Weidong went on to say: "In this case, your 10 million loan is equivalent to being recovered, and I can also get the Jinxing Agricultural Machinery Factory! After the agricultural machinery factory returned to me, the original 10 million debt was also transferred to me. Now, don't you have one less troublesome thing!"

President Wu frowned and thought for a long time. Judging from his hesitant expression, it was obvious that he was very moved by this suggestion.

After thinking about it for a while, President Wu asked: "Jinxing Agricultural Machinery Factory is a collective enterprise after all. As an individual, if you purchase a collective enterprise, I am afraid that the policy does not allow it? And the nature of the enterprise, how do you plan to deal with it?"

"I can rely on it!" Li Weidong had already thought of a way.

"Are you going to continue to be affiliated with the district? Then you can talk to the district directly! Why are you still looking for me?" President Wu said.

However, Li Weidong shook his head: "Jinxing Agricultural Machinery Factory was originally a collective enterprise. If I were to be affiliated with the district, I would inevitably be criticized, and it would be more troublesome to deal with many problems. So I plan to be affiliated with your bank, and the agricultural machinery factory is your bank in name. The third birth!"

In addition to being affiliated with townships or counties, the affiliated management of enterprises can also be affiliated with state-owned enterprises and institutions. The four major state-owned banks are naturally also targets that can be used as anchors.

President Wu did not dare to agree immediately. If the company is affiliated with their bank, President Wu should also consider taking the risk and ask.

Li Weidong went on to say: "Old Wu, I am not relying on it for nothing. If this matter is successful, I will help you complete the loan task of 20 million yuan a year!"

President Wu took a deep breath, he was already moved by this condition.

If nothing else, the loan of 10 million yuan has already been wiped out, and now it can be recovered. Based on this, it is worth helping Li Weidong once.

What's more, the annual loan of 20 million yuan has also helped President Wu in business. After all, high-quality customers like Li Weidong who are able to repay are rare.

Thinking of this, President Wu finally nodded: "This matter can't be done by our bank alone. I'll ask your district's opinion when I look back. If your district agrees, I'll do it the way you said!"

...

A week later, President Wu came to Li Weidong again.

Li Weidong invited President Wu to sit down, and then immediately asked, "Old Wu, how is the discussion about the Jinxing Agricultural Machinery Factory?"

President Wu shook his head: "No deal!"

"Is the district leader disagreeing?" Li Weidong asked.

"The leaders also know the debt situation of Jinxing Agricultural Machinery Factory. They are eager to push this hot potato to our bank!" President Wu paused, and then said: "The people of Jinxing Agricultural Machinery Factory are unwilling! Especially those of Jinxing Agricultural Machinery Factory. The factory manager, Zhao Zitian, is strongly against it."

"This is also normal. If your bank really takes over the Jinxing Agricultural Machinery Factory, then whether he can continue to be the factory manager, or two or two!" Li Weidong said with a smile.

President Wu went on to say: "After all, this is a major event related to the future survival and development of the company, and the leaders still respect the company's own opinions. Moreover, the Jinxing Agricultural Machinery Factory can still repay the interest normally, and my bank has no reason to forcibly close the factory.

What's more, it is always easier for agricultural machinery companies to apply for subsidies from the state. When they apply for a subsidy, they can use part of the money to pay back a little interest, and the factory can last for a while longer. "

When President Wu said this, he showed a helpless expression: "Wei Dong, it's not that my brother won't help you, it's really impossible!"

Li Weidong had an expression of disapproval: "It doesn't matter, maybe the time has not come yet!"

After sending President Wu to the door and watching him leave in the car, Li Weidong sighed lightly.

"Sure enough, it's not that simple. It seems that I have to think of another way!"