Reborn Industrial Tycoon

President Wu is here to give out loans again!

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

"Old Wu, don't leave when you're here. Let's have lunch together!" Li Weidong greeted with a smile.

The two of them had interacted several times, and now that they were familiar with each other and had dinner together several times, they no longer addressed each other as "President Wu" and "Director Li."

After asking President Wu to sit down, Li Weidong poured him a cup of tea, and then asked: "Old Wu, will you let me get another loan this time when you come here?"

"Did you tell me right? Is your factory short of money? Do you need a loan?" President Wu asked directly.

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

"I'm just asking." Manager Wu continued to explain: "Didn't the city leaders come to inspect your place the day before yesterday? I also received instructions from the leaders to do everything possible to ensure the production of your factory. If you are short of funds, I will give it to you.

Make a loan!”

"Thank you for your leadership's concern for me!" Li Weidong said casually, and then asked, "By the way, the loan interest rate has also dropped now, right?"

"Both the deposit and loan interest rates have dropped!" Mr. Wu sighed: "When the interest rates are lowered, fewer people save money. Now everyone who comes to our bank comes to buy treasury bills! The money from selling treasury bills must be paid directly to the state.

, there are fewer people making deposits, and our bank is starting to be short of money."

At that time, treasury bonds were mainly physical bonds, that is, fixed face value, with prices ranging from one yuan to one million yuan. The people born in the 1990s should have never seen them. It was not until 1997 that the country fully adopted the certificate type.

Treasury bills.

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

"Isn't this the beginning of the country's cleanup of triangular debt? The Planning Commission, Economic Commission, Finance, and banks are all involved. The main tasks of our bank are to collect money and to check bad debts. To put it bluntly, they are throwing money away and collecting more than they spend.

Since there are so few people, of course there is no money in hand." President Wu replied.

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

President Wu hesitated for a moment, then nodded: "It doesn't matter if you don't check. If you check, you will be shocked. 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...

It will end the era and it 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 Jinxing Agricultural Machinery Factory is more complicated. At first, the district gave us a loan of 10 million yuan from Jinxing Agricultural Machinery Factory. In fact, at that time, Jinxing Agricultural Machinery Factory 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 took out a loan of 4 million to buy a tractor production line, and then another 2 million to buy materials. In addition, they have more than 2 million in other debts." President Wu said.

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

"This account cannot be calculated like this. The agricultural machinery factory is a mortgage with our bank. If they repay the loan of 10 million yuan, we have the right to take over the entire Jinxing Agricultural Machinery Factory to repay the loan of 10 million yuan."

Manager Wu said with a long sigh: "But since the agricultural machinery factory is still carrying a debt of 10 million, if we take away the agricultural machinery factory, we will not only take over the assets of the agricultural machinery factory, but we will also have to bear the debts of the agricultural machinery factory."

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

"We think so too!" Manager 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 few assets of the Agricultural Machinery Factory were nothing more than land, factories and equipment.

, it’s definitely not worth ten million.

When we were willing to take out this loan, we were also interested in the profitability of Jinxing Agricultural Machinery Factory. But who would have thought that the situation in the past two years has been bad, and the situation of Jinxing Agricultural Machinery Factory has also taken a turn for the worse. Let alone making a profit now, we don’t want to lose money.

It’s difficult. We spent 10 million and bought another 10 million in debt, which is a huge loss!"

Li Weidong nodded and then asked: "What is the specific situation of Jinxing Agricultural Machinery Factory now? Can it still pay back the interest?"

"Just make do with it!" Manager Wu continued: "A few days ago, Jinxing Agricultural Machinery Factory entered a production line for a small four-wheel tractor. The sales were pretty good in the first two months, but now it seems that it is no longer good.

Fortunately, the state has always provided subsidies for agricultural machinery, so Jinxing Agricultural Machinery Factory can still maintain the normal operation of the enterprise. As for the interest, it is arrears anyway. If you ask him for it, he will pay back some, and it is impossible to pay back all.

, if they don’t ask for it from him, they’ll just pretend it’s nothing!”

"According to this method of repayment, doesn't the interest get bigger as it accumulates?" Li Weidong asked.

"Yes, for a loan of more than 20 million yuan, the interest is more than 2 million yuan a year. It will always be in arrears. Sooner or later, it will be difficult to recover."

Manager Wu said helplessly. Then he looked at Li Weidong and asked, "Weidong, I remember you asked me about the Jinxing Agricultural Machinery Factory before. Do you have any thoughts about it?"

Li Weidong smiled slightly: "Since you asked, I won't hide it from you. I plan to buy Jinxing Agricultural Machinery Factory to make agricultural machinery!"

Manager Wu was stunned and said: "Jinxing Agricultural Machinery Factory is a collective enterprise!"

"Isn't my electric furnace factory also a collective enterprise in name?" Li Weidong said with a smile.

"Jinxing Agricultural Machinery Factory is different from a 'fake collective' like yours at the township level. It is a serious collective enterprise at the county and district levels and is an asset of your district!" Manager Wu added.

"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 ten million has not been repaid, the Agricultural Machinery Factory will be the mortgage!" Li Weidong smiled.

said.

When President Wu thought about it, it seemed that this was really the case. It was hard to say who owned the property rights of Jinxing Agricultural Machinery Factory now.

After pondering for a moment, President Wu said, "Let me talk about Weidong, even though the property rights of Jinxing Agricultural Machinery Factory are not clear now, it is still a matter between your district and our bank. No matter how you calculate it, it cannot be in your hands, right?"

"

"Old Wu, this is what I think. Jinxing Agricultural Machinery Factory gave you a mortgage in exchange for a 10 million loan. Anyway, the Agricultural Machinery Factory cannot repay the loan of 10 million yuan. Why don't you give the Agricultural Machinery Factory to you?"

Take it back and sell it to me, and I’ll give you 10 million!”

Li Weidong continued: "In this case, your loan of ten million yuan is equivalent to being recovered, and I can also get the Jinxing Agricultural Machinery Factory! After the agricultural machinery factory is owned by me, the original debt of ten million yuan will also be transferred to me.

Now, don’t you have one less trouble to worry about?”

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 carefully for a while, President Wu asked: "Jinxing Agricultural Machinery Factory is a collective enterprise after all. If you, as an individual, acquire a collective enterprise, the policy may not allow it, right? And in terms of the nature of the enterprise, how do you plan to deal with it?"

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

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

Li Weidong shook his head: "Jinxing Agricultural Machinery Factory is originally a collective enterprise. If I am affiliated with the district, I will inevitably be criticized, and it will be more troublesome to deal with many problems. So I plan to affiliate with your bank, and the Agricultural Machinery Factory will be your bank in name.

The third industry!”

In addition to being affiliated with towns or counties, enterprises can also be affiliated with state-owned enterprises and public institutions. The four major state-owned banks are naturally also targets that can be affiliated.

President Wu did not dare to agree immediately. If the company affiliated with their bank, President Wu would also consider taking risks.

Li Weidong then said: "Old Wu, my affiliation is not in vain. If this thing succeeds, I will help you complete the loan task of 20 million a year!"

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

Not to mention anything else, the loan of 10 million yuan was originally wasted, but now it can be recovered again. For this reason alone, it is worth helping Li Weidong.

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

Thinking of this, President Wu finally nodded: "This matter cannot be handled by our bank alone. I will go back and ask your district for their opinion. If your district agrees, I will do it according to the method you said!"

…

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

Li Weidong invited President Wu to sit down, and then immediately asked: "Old Wu, how are the discussions about the Jinxing Agricultural Machinery Factory going?"

President Wu shook his head: "It's not a deal!"

"Does the district leader disagree?" 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: "It is the people of Jinxing Agricultural Machinery Factory who are not willing! Especially the people of Jinxing Agricultural Machinery Factory.

The director of the factory, Zhao Zitian, strongly opposed it."

"This is normal. If your bank really takes away the Jinxing Agricultural Machinery Factory, it's a matter of debate whether he can continue to be the director of the factory!" Li Weidong said with a smile.

President Wu continued: "After all, this is a major matter related to the future survival and development of the company. The leaders still respect the company's own opinions. Moreover, Jinxing Agricultural Machinery Factory can still pay interest normally, so our bank has no reason to forcefully close the factory.

What's more, it is always easier for agricultural machinery companies to apply for subsidies from the state. Once they apply for a subsidy, they can use part of the money to repay some interest, and the factory can survive for a while."

When President Wu said this, he showed a helpless expression: "Weidong, it's not that my brother won't help you with this matter, it's that there is really nothing we can do about it!"

Li Weidong had a nonchalant expression: "It doesn't matter, maybe the time hasn't come yet!"

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

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