Feng Yu made arrangements for Xiangjiang and returned to China. [Read the full text at www.baoliny.com] He will come again after the news comes out.
It is much more convenient now than it was back then. To put it simply, you can directly make video calls online. Many things can be taught face-to-face even if they are thousands of kilometers apart.
Of course, there is another very important thing when Feng Yu comes back, and that is the loan.
Although the loan does not seem to be a particularly urgent matter, when it really becomes urgent, it will be too late.
Domestic commercial banks are not unable to provide commercial loans in foreign exchange. They can even provide loans directly to overseas commercial institutions. However, the approval process is very troublesome.
Feng Yu plans to use many domestic assets as collateral for the loan, and the loan will be in foreign currency, and will be transferred overseas, which makes it even more troublesome.
"Simplifying the process? Do you just want to give you the green light?" Zhang Ruiqiang asked with a frown.
"Yes, I hope that when I need it, the loan can be completed for me within 24 hours and credited to my account abroad."
Zhang Ruiqiang shook his head: "This is definitely not possible. No bank loan can be completed within 24 hours."
Feng Yu took a step back: "Then apply for a loan for me now and disburse the money as quickly as possible. The assets I use as collateral must be of high quality, there is no doubt about this."
"Feng Yu, if you are in finance, do you still need loans? You have already invested so much money, so there is no need to make it so big, right?"
Zhang Ruiqiang is a little worried that in financial investment, profits and risks coexist. If Feng Yu makes a mistake, or if the international situation changes too quickly, won't Feng Yu have to lose a lot of money
"Hahaha, even if I lose all the money, it won't shake my foundation. And my loans are mainly used as risk reserves."
"You also know that financial investment is very risky. Just like a company always has cash reserves, financial risk reserves are higher. I did have risk reserves originally, but the international situation has changed recently, so that money, I’m ready to jump in and hedge.”
"Even if you are hedging, you still need to have a risk reserve. We have already discussed the acquisition of the automobile business. The state-owned assets will pay for it, and then we can improve the state-owned assets in Bingcheng Machinery Manufacturing Group according to our original agreement. Equity ratio.”
"But we also plan to acquire an American supermarket chain, a supermarket group with an annual turnover of tens of billions of dollars and assets close to tens of billions of dollars. In this way, we can merge it into the Taihua Supermarket Group. This is our Huaxia The supermarket group has gone out."
In the automobile business, Taihua Holdings can spend no money, but supermarkets always have to spend money. Also, Feng Yu has spotted a lot of potential businesses in the United States, and now he wants to invest in them.
For example, ships, ports, etc., as well as logistics companies, these can be combined with the business of Taihua Holding Group and Fengyu Holding Group to reduce costs, increase profits, and enhance competitiveness.
"Then how much do you want to borrow?"
"Not a lot. If possible, let's borrow $20 billion first."
Phew~~
Zhang Ruiqiang squirted out a mouthful of tea: "How much loan do you want?"
He thought that Feng Yu's loan of several billion dollars would be enough. Twenty billion dollars, isn't that much
What else does it mean to borrow 20 billion US dollars first, and then plan to continue to lend money in the future
"Twenty billion US dollars is enough for the time being."
"How do you mortgage? Are you going to mortgage all the equity of Taihua Holding Group?" Zhang Ruiqiang asked.
"The 40% stake in Taihua Holdings Group definitely exceeds US$20 billion."
The assets of the subsidiary belong to Taihua Holding Group. Legally, Feng Yu cannot directly mortgage them because Taihua Holding Group is not solely owned by Feng Yu.
The 40% stake in Taihua Holdings Group is worth more than 20 billion US dollars? How much equity does Feng Yu have in Taihua Holding Group? Doesn’t the market value of Taihua Holding Group already exceed 50 billion US dollars
Feng Yu's personal net worth has long exceeded this figure, but isn't Feng Yu Consulting Company the one with the highest net worth? Zhang Ruiqiang has never understood that Taihua Holdings Group is already worth so much.
From what Feng Yu meant, it seemed like he was much taller
"Feng Yu, when you take a loan, the mortgage assets must be about 50% higher than the loan amount, especially if you are borrowing foreign currency, the amount is so large, and it needs to be transferred to an overseas account."
Feng Yu rolled his eyes: "What do you mean? You still think I am transferring assets outside?"
Nowadays, many wealthy people do this. Many of them register their companies overseas so that they can pay less taxes. They even directly change their nationality in order to pay less taxes. They suddenly become foreigners and then continue to do business in China to make money. .
Feng Yu was very disdainful of this. If you want to facilitate the company's development, it's okay to change the company's registration place, but if you change your personal nationality, you have forgotten your roots.
Especially because many people have a sense of superiority to others, which makes Feng Yu most disgusted.
"I believe you, and the superiors must believe you, but when this news spreads, people may not believe you. Besides, the loan itself is 50% higher. It is not easy to give you the green light. Now The management from above is very strict.”
Feng Yu waved his hand: "Who said that the equity I took out is not worth 30 billion US dollars? Haven't you seen that foreign media assessed Fengyu Holdings Group's assets at the beginning of this year to have exceeded 80 billion US dollars, which is still conservative. Estimated. The real results, let me tell you, Fengyu Holdings is definitely worth more than 100 billion US dollars!"
"And when it comes to takeout, even if you give me 200 billion U.S. dollars, I won't sell it! If Fengyu Holdings Group goes public, or if more of its subsidiaries go public, its assets will definitely exceed 200 billion U.S. dollars."
The most important thing is that Fengyu Holdings Group controls many important markets in China, owns many very profitable patented technologies, and owns many valuable brands.
The value of these brands alone can exceed that of most domestic companies.
"Then why do you only pay so little tax this year?" Zhang Ruiqiang said angrily.
"Tax is related to turnover. Does it have anything to do with our asset growth? You said that we are a popular brand, and foreign brand agencies are valued at tens of billions of dollars, but do we still have to pay taxes to increase the brand value? This does not make sense Bar?"
"Isn't it that the country is also dealing with U.S. dollars now? What I want to borrow is U.S. dollars, not euros. And let me tell you another news. The U.S. dollar will definitely depreciate even more by the end of next year. I can also handle this part of the depreciation losses. As long as the bank is willing to give me more loans!"
"This... let me ask you, do you have to make it so big?"
Feng Yu looked at the globe on the table faintly: "With less money, it won't be effective at all." (To be continued.)