My 1999

Chapter 1019 Debt, still debt

These "old insurance policies" caused CPIC to suffer a huge interest rate loss of 18.9 billion Huaxia Yuan.

"Dear Xu, since CPIC's liabilities are so huge, you don't need to buy any more of his shares."

"Of course it's no problem. I can invest my money in XCMG's mergers and acquisitions."

Rubinstein's face darkened, and the question came back again.

"Xu, I am here to talk to you about XCMG's issues sincerely."

"Dear David, I'm sincere too."

After a few seconds of silence, Xu Liang felt that the heat was almost there.

“OK, since XCMG is the first one to join the negotiations, I can take a step back.

As long as Carlyle sells me half of the equity you hold in Pacific Life, I will give you the opportunity to acquire XCMG.

But if you fail in the end, I will enter again.

Everyone owes nothing to each other. "

"Xu, China is your home court, and with your energy you can easily block Carlyle's acquisition.

At that time, you will not only get XCMG, but you will also get half of CPIC’s equity from us, and I will be laughed at by everyone. "

“Dear David, as God is my witness, I speak the truth.”

"No Chinese people believe in God."

"No, you are wrong. There are tens of millions of believers in God in China, and I am one of them. Amen."

The corners of David Rubinstein's eyes trembled.

He wanted to curse.

But I am a gentleman, a gentleman of the upper class, and I cannot be as familiar as the Chinese mud-legged man opposite me.

"Xu, how can you give up on Xugong?"

"David, do you still believe me now that I'm telling you to give up?"

Rubinstein was speechless.

Whenever the Carlyle Group encountered difficulties in acquiring XCMG, he would suspect that Xu Liang was causing the problem.

Even if there is no evidence.

Toot…

A blind tone came and Xu Liang had already hung up the phone.

"I originally planned to get some benefits from the Carlyle Group, but now it seems there is no chance."

"Mr. Xu, do you want to take action immediately?"

"No. XCMG's position is too special. It is impossible for Carlyle to get a controlling stake from above, so we are not in a hurry to make a move. Otherwise, even if we acquire it, the price will be inflated due to competition.

So we have to wait. "

"What if..."

"Lao Peng, there is no 100% success in running a business. All we have to do is seize opportunities as much as possible and strive for success."

Peng Zhiyu nodded.

Having said that, Xu Liang is very clear about the future of the XCMG acquisition.

Must hit the street.

"What's going on with the car factory's expansion of production?"

"It has been negotiated. Torch Heavy Duty Truck will build a new automobile plant in Weixian with an annual output of 150,000 vehicles, with a construction period of two years; it will also expand the automobile plants in Chang'an and Shancheng to increase the production capacity of both to 120,000 vehicles.

When the project is completed, Torch Heavy Duty Truck's production capacity of heavy trucks above 150,000 tons will increase from the current 110,000 units to 150,000 units, and its market share will exceed 75%.

The number of 5-ton to 15-ton trucks will increase from the current 160,000 to 240,000.

The entire expansion plan has a total investment of 8 billion Chinese dollars. Hongyan will invest 1 billion Chinese dollars in cash, and the other 7 billion will be settled by issuing corporate bonds.

In addition, we will invest 5 billion Chinese yuan to increase the production capacity of mirrors and lights from the current 10 million sets to 15 million sets; and increase the production capacity of brake systems from 300,000 sets to 500,000 sets.

The number of vehicle air conditioners increased from 100,000 units to 200,000 units.

Spark plug production capacity increased from 1.2 million to 2 million.

Car lithium battery..."

The entire Torch Heavy Industry Group is divided into four sectors: heavy-duty vehicles, auto parts business, garden machinery and power tools, with 19 first-level business departments and hundreds of different products.

After completing the integration and not being burdened by debt, Torch Group embarked on its largest expansion plan since its founding.

Among them, the two departments of SINOTRUK and auto parts are the most powerful.

If garden machinery and power tools are included, the figure exceeds 20 billion Chinese dollars.

"The production capacity expansion plan of the entire Torch Group is two years. After two years, the company's total assets will increase from the current 13 billion Chinese dollars to 34 billion Chinese dollars (equipment depreciation will decrease).

The company's total revenue doubled, exceeding 50 billion Chinese dollars, and net profit exceeded 4 billion Chinese dollars (taking into account repayment of loans and interest). "

Xu Liangdao: "The Torch Group does not need to pay for its production expansion plan. Hongyan will guarantee you that all 21 billion Huaxia coins will be issued in corporate bonds, and the interest can be slightly higher.

Half of the profits retained by the company are used as reserves, and the rest is used for research and development.

Especially the three-electric system is a top priority. "

"Mr. Xu, will the group's debt be too high in this case?

Moreover, we will also acquire XCMG later. If their liabilities are included, Torch's total liabilities will be nearly 30 billion Chinese dollars.

The interest alone is a lot of money every year. "

"Don't worry, Hongyan now has tens of billions of dollars in cash reserves on its books. No matter how high Torch's debt is, I can still afford it."

Torch is different from Master Kong, Taihua, Hanhua, Hongmeng, etc.

It is a sub-group directly under Hanhua.

Financial statements are consolidated directly into Red Rock.

Seeing that it was less than a year before the subprime mortgage crisis broke out, he had to quickly reserve Hongyan's liabilities, otherwise he would have to pay huge capital gains taxes to Laos on the money earned from the subprime mortgage crisis.

In fact, the most suitable company for Hongyan to be directly affiliated with is Taihua Group.

The total liabilities of nearly 30 billion US dollars can significantly reduce Hongyan’s total tax payment.

But if Taihua is taken back, An Kaiyue's Xu Family No. 5 Wealth Trust will be dissolved.

Let's not talk about how to appease An Kaiyue's emotions.

If the 30 billion US dollars is exempted, it is equivalent to giving Singapore Xu's 30 billion US dollars of wealth.

The news spreads, even if Jiang Xiaoyang is generous, he can't accept it.

And other women will definitely feel unbalanced.

It's not the lack of wealth that is worrying, but the inequality.

Therefore, Taihua cannot be taken back, and we can only find a way from other places.

The rapid expansion of Torch is one of the strategies.

But Torch alone is not enough.

Peng Zhiyu certainly knows that the big boss is rich.

The reason why he cried poor is to take precautions first.

If there is really a problem in the future, he can also ask the big boss to cover the bottom.

He chatted with Peng Zhiyu until late at night before they separated.

The next morning, after Xu Liang finished standing in the hotel living room and simply moved his hands and feet, Fengshou CEO Qiu Mingcheng called.

"Mr. Xu, the transaction with Shuanghui is over. Shuanghui Bio and Haiying sauce factories are ours."

"How much did it cost?"

"475 million Chinese yuan."

Xu Liang understood that it was much more expensive than he expected.

"You have stayed in Luohe for such a long time. How do you feel about the influence of the Fang family in Shuanghui?"

Qiu Mingcheng was stunned for a moment, quickly recalled his past experiences, and organized his words.

"Fang Long is the founder of Shuanghui and has a great influence within Shuanghui. Moreover, he is generous and willing to share benefits with senior management.

If there are shortcomings.

He has a more domineering personality and is the traditional state-owned enterprise patriarch-style manager. He will not tolerate opposition from others for what he thinks is right, even his own son.

It is rumored that Fang Hongjian was loudly scolded by him in front of all the management at Shuanghui's office meetings many times."

Xu Liang pondered for a moment.

"During this period, you should investigate Fang Hongjian. The more detailed the better."

"Mr. Xu, do you want to..."

Qiu Mingcheng's heart was excited.

"Go investigate first, and then decide what to do next based on the results."

"Okay, I'll go right away."

Seeing that there was hope for the acquisition of Shuanghui again, Qiu Mingcheng's enthusiasm instantly rose.

After hanging up the phone, Xu Liang played with the phone in his hand and called Jiang Xiaoyang.

"What's wrong?"

The voice of the beauty always exudes a sense of grace.

"I miss you."

"Don't be sour. If you miss me, you won't run away."

"I need to do this for work, otherwise I would stay with you forever."

Xu Liang licked his wife wantonly.

Coincidentally, Jiang Xiaoyang fell for this.

"Okay, I have to go to the securities department for a meeting later, if you have something to do, hurry up."

The tone was obviously more light-hearted than before.

Xu Liang was no longer flirtatious.

"How are the negotiations with Shuanghui going?"

"Shuanghui and Goldman Sachs have secretly signed an MBO agreement. It's a bit too late for us to get involved now, but Fang Long has promised to coordinate with Goldman Sachs, and there will be results in a week at most."

Xu Liang: "Try to delay the negotiations for a longer time."

Jiang Xiaoyang was stunned.

"What do you want to do?"

"I see the hope of acquiring the entire Shuanghui Group." Xu Liang smiled.

"Have you found any new clues?"

"It's hard to say now. I'll call you again in a few days. In short, you have to hold Fang Long back and never let him sell the shares of Shuanghui Group."

"Then you have to hurry up. I can delay it for two weeks at most."

"That's enough."

After a brief chat, Xu Liang hung up the phone.

"Sister Li, go prepare three second-hand Santanas."

Li Jinling turned around to give instructions.

"Brother Zhang, let the three brothers drive our three Maybachs to the Magic City, and the planes at the airport also fly over."

Zhang Hongwei agreed and turned to leave.

——

"Dad, your coat."

Fang Hongjian quickly handed over the Armani haute couture suit in his hand.

Fang Long took it.

Glancing at his respectful eldest son, he nodded slightly.

"I've been on a business trip in Beijing recently. You've been working hard at the company. I'll check on you when you come back."

"Yes."

Fang Long was about to turn around and leave, but soon stopped.

"By the way, go home early after get off work in the evening, don't hang around outside and make your mother worry."

Fang Hongjian's mouth twitched, and a trace of hatred flashed in his eyes.

"Don't worry, as long as the company doesn't work overtime, I will definitely go home early."

Fang Long raised his eyebrows, and his expression became a little more unhappy.

He knew that his eldest son was not close to his stepmother, and they had argued a lot in the early years.

In the past two years, his eldest son would rather work overtime at the company than go home, and this is the crux of the problem.

But as a father, he still hopes that his eldest son born to his ex-wife can have a harmonious relationship with his younger son born to his second wife, and jointly support the future of the Fang family.

He was about to give him a lecture, but when he thought about his official duties today, he suppressed his anger.

"You can do it yourself."

Leaving behind a cold remark, Fang Long strode out and walked out.

The secretary hurriedly followed.

Looking at his father's back, Fang Hongjian's anger spread and gradually became stronger.

Dinglingling...

The phone rang suddenly, interrupting his thoughts.

He took it out and looked at the caller ID, hesitated for a moment and pressed it.

"Mr. Qiu, I am very busy now and have no interest in your dinner."

"It seems that Mr. Fang is very angry. But if I had a domineering, bossy father who even had to take care of everything, I would be very angry too."

"I'm not in the mood to hear you gloating here, that's all."

"Don't hang up, someone wants to meet you."

"who?"

"My boss."

"Your boss..." A flash of lightning flashed in Fang Hongjian's mind, and his tone was trembling, "Xu Liang?"

"good."

"Mr. Xu has arrived at Luo River?"

Qiu Mingcheng was not surprised to hear the excitement in his tone.

Among all the young people he met, Xu Liang was undoubtedly not worshiped as an idol.

With a grassroots background, he has risen like a comet to become a world-class rich man in just five or six years with his extraordinary talent.

This legendary experience is talked about by everyone.

Especially young people who are conceited and dream about achieving great achievements in the future and becoming a master, they regard Xu Liang as 'Papa Xu'.

"Mr. Xu will arrive at Luo River in half an hour. He specifically told me that I must invite you."

"Okay, I agree. Where to meet?"

"In half an hour, go to the gas stations on Songjiang Road and Taishan North Road. There will be a car waiting for you. The license plate number is Su*****. When you get there, give me a call and follow the car. That’s it.”

Although it felt a little weird, he agreed.

After the explanation, Qiu Mingcheng hung up the phone.

He quickly called Xu Liang again.

"Mr. Xu, he agreed."

"I know. You really don't want to come over?"

"No. Fang Long is very cautious. Although he went to the capital, he arranged for many people to keep an eye on me at the hotel. If I make any changes, with his caution and suspicion, he may cancel the trip soon.

So I'd better stay under his nose, so that it's easier for you to take action. "

"I've wronged you."

"As long as I can acquire Shuanghui, I'm willing to stay in a hotel for a few months, let alone stay in a hotel for a few days."

"Haha, if I really put you on the spot, don't say that.

Take advantage of these few days to have a good rest. If you really acquire Shuanghui, you will be so busy that you won't even have time to sleep. "

"Hey, I'll be waiting then."

Half an hour later, Fang Hongjian changed into an ordinary hoodie and left his rented apartment in a BYD F3 that was very popular last year.

When we arrived at the agreed place, we saw the car.

He took out his cell phone and called Qiu Mingcheng.

"I have arrived."

"You honk three times and it starts."

Fang Hongjian honked the horn three times.

Sure enough, the black Santana parked on the side of the road started and drove eastward along Songjiang Road.

Fang Hongjian quickly followed.

The two cars went one behind the other, and soon turned onto Taishan North Road and headed north.

A large area of ​​urban-rural fringe soon appeared in the surrounding area.

Gradually there were some farmlands.

The car turned onto Longjiang West Road, then quickly turned down again and stopped outside a yard with the word "Longhu Farmhouse" hanging on it.

Looking at the ordinary courtyard, Fang Hongjian murmured in his heart.

If it wasn't Qiu Mingcheng who called him, he really doubted whether he had been deceived?

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