Metropolis: Paying Off The Debt of Dad At The Start

Day by day, it has been a week since the opening of the Commercial Plaza project in City K.

Up to now, 78% of the overall sales have been completed, and a total of 11.26 billion has been returned.

And the total cost of this project is only 10.3 billion, which means that it was only sold 78%, and the total cost was recovered, and it also earned more than 900 million yuan. It is conceivable how successful this project is.

During this period of time, the creditors have expressed their willingness to negotiate with Lin Feng from time to time. After all, Lin Feng did a great job in this wave. The creditors have begun to re-examine Lin Feng and are not treating him as one. Suddenly, the ordinary young man who took over the group became a real business elite with super business insight.

After all, three times in a row, the overall rate of return of the project is accurate, and each project is a big profit of no less than 30% to 40%. If this is not a business elite, who else is a business elite?

No one can do better than Lin Feng. Moreover, Lin Feng is also prescient. He once promised in the negotiation meeting with them. At that time, the creditors thought that this guy was bragging, but Lin Feng was unexpected. It's really awesome, not only did it all, but it did better than promised.

Therefore, after this series of events, the creditors have fully recognized Lin Feng's ability.

They felt that Lin Feng might really bring Haoyuan Group back to life. Even if it can't come back to life, most of the debts Lin Feng can pay back is a very good result.

God knows how much pressure the creditors are. One trillion of debts can’t be collected, and they are facing ups and downs at any time. Now Lin Feng, who has great commercial ability, suddenly appeared. That is their savior. There is a lot of need, but Lin Feng can only pay back most of the debt, and they are already thankful.

Just like after experiencing the worst results, they don't need to say that they have recovered all their debts as they were. They can recover more than half of them. It is already very good that they can pay a little less. Others are extravagant.

Therefore, during this period, they are also a little eager to negotiate with Lin Feng, because they too want Haoyuan Group to pay off their debts.

However, Lin Feng has been looking for excuses to dodge, saying that the plan has not been completed and it is not yet time.

On the one hand, he wanted to get caught and drag the creditors for a while, making them anxious so that they could negotiate well. On the other hand, Lin Feng did not make sufficient preparations. He had to make sufficient preparations to start negotiations.

Finally, as the time for delisting was approaching, Lin Feng and representatives of many creditors gathered in the conference room of Haoyuan Group to start the first round of negotiations.

"Since I took over the Haoyuan Group for three months, four consecutive projects have been successful, with a total of 48.9 billion in return of funds, an average return rate of 31.65%, and a total profit of 11.72 billion!"

"I think no one of you here is questioning my ability?"

Lin Feng sat in the middle of the conference room, while looking at the documents in his hand, while looking at the representatives of creditor institutions in the room, he spoke lightly into the microphone.

"No, no more, President Lin is a great business man, I'm so admirable that I am so impressed!"

"Yes, with a profit of 11.72 billion, I don't believe anyone can do better than Lin. Lin is in charge of the Haoyuan Group. That's a complete dedication and deserves his name!"

"That is, President Lin's ability is obvious to all. From taking over the group to the present, under such difficult conditions, he can still withdraw 48.9 billion of funds, with an average yield of 31.65%. This is what a real estate business owner can do. So, our creditors believe 100% of Lin's ability!"

"Does anyone dare to question President Lin's abilities? Who can do such a great result? If anyone question Lin President, I will fight him desperately!"

…….

The creditors babbled in praise.

Listening to everyone's praise, Lin Feng nodded, then said.

"Since no one questioned my ability, everyone also believes that I can bring Haoyuan Group back to life!"

"So, our negotiations now officially begin!"

After speaking, Lin Feng glanced at the representatives of the creditor's rights institution at the scene, and signaled if you have any questions or what you want to say, and you can say something now.

Representatives of the creditors, look at me, I looked at you, and didn't say anything. Some even showed Lin Feng an agreeable look, indicating that Lin Feng can start.

Lin Feng nodded, then opened a picture on the computer, projected it on the big screen in the conference room, and started a speech.

"According to the current situation of the Haoyuan Group, this is an analysis report on the future that I have prepared. I will send this analysis report to everyone after the meeting. I will have a copy of it. Then everyone will look carefully!"

"Okay, let's take a look at this analysis report now!"

"First of all, this is a circle, which represents all of Haoyuan Group’s current assets of 924.1 billion yuan. The blue part is the waste and unfinished project that our Haoyuan Group needs to sell out. The red part is what Haoyuan Group intends to continue to do. Some relatively high-quality projects!"

"The total cost value of the blue part is 312.7 billion, accounting for %, and the total cost value of the red part is 611.4 billion, accounting for 66.17%!"

"Everyone knows that our Haoyuan Group's sale items are packaged and sold out at a cost price of 6.5 percent off. That is to say, if all the garbage and unfinished items in the blue area are sold out, our Haoyuan Group will want A loss of around 109.4 billion!"

"Then the red part? The red part of the project, although it is a relatively high-quality project of the group, but it is difficult to guarantee that there will be profit and loss!"

"Let's calculate based on the average return rate of 7%, which is already very high!"

0 ··Find flowers 0 ········

"According to this calculation, the total cost of the red part of the project worth 611.4 billion is completed, which can bring 42.798 billion in profit!"

"Therefore, all the projects of Haoyuan Group have been processed, with a total loss of 1094-427.92, which is 66.602 billion yuan!"

"And Haoyuan Group has a debt of 104.5 billion, which is a full 80.4 billion more than our 924.1 billion assets!"

"800.4 billion + 66.602 billion, that is to say, if our Haoyuan Group wants to repay the debt of 104.5 billion, we still need a total difference of 147.002 billion!"

"In other words, our Haoyuan Group still needs to earn 147.002 billion in profits to just repay all of your debts!"

"So, you guys, you can imagine how difficult this is!"

After speaking, Lin Feng lowered his head and looked at the representatives of all creditor institutions.

.. ..... ...

Representatives of many creditor institutions also nodded and expressed their agreement with Lin Feng's algorithm.

After all, Lin Feng’s algorithm is calculated based on actual data. More than 600 billion of relatively high-quality projects. Who knows how much loss, how much is earned, how much is earned less, and how much is earned more. Normally, If so, the average yield of 7% is also very high.

The creditors don’t know that Lin Feng has a system to pick out all the loss-making garbage projects. The projects to be done in this red part are all profitable projects.

"We pay attention to facts and evidence. We have already calculated this according to high standards. In actual operation, who knows what will happen or omissions, let alone a difference of 147 billion, a difference of 200 billion is possible!"

"It is almost impossible to expect me to pay off all your debts step by step!"

Lin Feng said.

"So what does Lin always want? Is it possible that you can't afford it, you won't pay it back!"

"That is, we can't let us reduce the difference of 147 billion for you. We opened a bank, not a charity organization. To help you reduce the difference, how can our leaders explain to it!"

"Mr. Lin, you have to work so hard. It is only natural to repay your debts. You don't want to pay the interest. You pay back our principal. Let's go to the head office!"

"Mr. Lin, we are optimistic about you. Tell me, what are you going to do? We will support all those who need help!"

"Yes, let us reduce the difference and reduce the repayment of our principal. It will definitely not work. This thing will definitely not pass, but let us help you make money. It is still possible to pay us back. What do you want? Mention, as long as we pay back the principal!"

Many representatives of creditor institutions heard Lin Feng's seemingly unwillingness to pay, and they all talked unwillingly. Eight.

Thank you for reading this story at mtlarchive.com. Your support enables us to keep the site running!