Feng Yu quickly registered an investment company in New York and made an agreement with Kirilenko to let Kirilenko take a superficial shareholding to form a U.S.-Russian joint venture, but privately there was an agreement that Kirilenko’s shares would be All have been traded to Taihua Trading Company, and the equity transaction will be one year later.
Of course Kirilenko agreed to this small favor immediately, since he didn't need to pay a penny anyway.
Feng Yu contacted Li Zekai and Fu Guangzheng. Li Zekai used the resources of the Li family to register a trading company in Canada, and Fu Guangzheng registered a company in Nanyang.
Like Kirilenko, they all registered for Feng Yu, and all the company's equity has been traded to Taihua Trading Company, also a year later.
At this time, Li Jingwei had just acquired a piece of land in Yangcheng, transferred all the funds, and started building the Jianlibao Building, draining most of the company's working capital.
Then, citing the need for market development in the United States, most of the remaining working capital was transferred into the accounts of American companies, causing Jianlibao to begin to suppress dealers' payments.
This is just the first step of Li Jingwei's plan, and he will immediately start implementing the second step of his plan.
Li Jinwei told the city leaders that American companies had investigated and found that tea beverages had good market prospects there, but Jianlibao did not have a mature tea beverage formula, and the best tea beverage manufacturer in China was Lehaha Group. .
Therefore, Jianlibao should discuss with Lehaha to purchase Lehaha’s tea drink formula, and then improve it to produce new tea drinks suitable for the American market, which will definitely bring high profits to Jianlibao.
Once the city hears it, it can bring high profits, then go ahead and talk about it and just buy a formula. Can we stop this kind of thing
But at this time, Li Jingwei said that Jianlibao had no money and wanted to get the city to get a loan from the bank.
The city leaders were shocked, how could Jianlibao run out of money? Later in the year, when you asked for funds, didn’t we provide them? Then the leader discovered that Jianlibao not only had no money, but also owed money to the dealer.
If they hadn't been working together for many years, I'm afraid those dealers would have started making trouble! Once all dealers go on strike, Jianlibao's sales will inevitably be paralyzed, and Jianlibao will be finished.
The leader began to investigate, where did Jianlibao’s money go
Then they discovered that Jianlibao bought a piece of land in Yangcheng. It was nothing, but why did you give both the project money and the material money just after the construction started? Where can anyone do this? Shouldn't they be paid after the work is done
But the money has already been given away, how can I get it back? The American branch has taken a lot of money, saying that it is exploring the American market. If it does, it will definitely bring back huge profits, but when will it be fully developed
The leader was unhappy at this time. He came over to Li Jingwei and severely criticized him. With such management ability, you still want to get shares in Jianlibao? Hum, sooner or later Li Jingwei will be kicked out of Jianlibao!
Li Jingwei began to urge again to buy the tea drink formula from Lehaha, otherwise he would not be able to catch up with the summer sales season. When negotiating a loan with the bank, Li Jingwei deliberately "let it slip" that there was a serious problem with the sales of Jianlibao and he owed a lot of money to the dealer.
At this time, the bank did not dare to grant a loan, especially when Li Jingwei asked for a loan of 500 million yuan. Anything less would be impossible!
As a result, Jianlibao fell into a very embarrassing situation, and the city leaders were even more embarrassed. Jianlibao, which was obviously very good last year, suddenly ran out of money. But Li Jingwei is right. After developing a new product, he will immediately receive a steady stream of profits from the United States, and Jianlibao will be able to take off again.
At this time, Zong Qing of Lehaha proposed a new plan, equity exchange.
Lehaha exchanges part of the equity with Jianlibao, and then can give the tea drink formula to Jianlibao first, and Jianlibao will pay back the money after one year.
The city leaders were very hesitant. Wouldn't this mean that they would be selling off the equity of Jianlibao
However, Li Jingwei analyzed an account for them. How many factories did Lehaha have in the country and how complete its channels were. After exchanging shares with Lehaha and cooperating, Jianlibao would have the opportunity to swallow up Lehaha's sales channels.
Even if it doesn't work, Lehaha's profitability is not bad, and the city is not losing money either. So the city leaders agreed to the plan after discussion.
Jianlibao offered 8% in exchange for 6% of Lehaha's shares. According to their evaluation, Jianlibao's market value was much lower than Lehaha's. Who allowed Lehaha to have more factories
The city leaders did not pay attention to the fact that the assessed value of Jianlibao's building, which had just started construction, was very low.
After getting the formula, Jianlibao's product research and development team began to study the new formula, and said that after having a mature formula, they only need to add steam to ensure the taste and ensure that it can pass the American inspection.
Then the problem came again, there was still no money. You can owe money here in China, but you can't owe money in the United States.
The city leader asked, "Didn't you transfer a sum of money to the American branch? How could you have no money?"
Li Jingwei said it was advertising fees. Haven't you always said that Jianlibao's advertising is not as big as other products? We decided to increase the amount of advertising and increase the exposure of Jianlibao so that more Americans know about Jianlibao and fall in love with it. Jianlibao!
To put it simply, all that money is spent!
The city leaders had a headache. They contacted several banks for loans, but they all came to nothing. The loans were too much, but they wouldn't give them loans. The loans were too little, and they weren't enough. Now they still owe a lot of money to the dealers.
At this time, Li Jingwei made another surprising move. He stopped paying workers' wages for this month and planned to use the money for turnover.
The workers stopped working immediately, and even the researchers in the laboratory stopped working. Li Jingwei immediately tried to dissuade and appease the workers.
But Li Jingwei, who is usually very authoritative, could not even suppress some managers at this time. The city leaders had to come forward and said that they would find a solution.
How to solve it? Although the city has money, it has planned to go out. If it gives Jianlibao to fill this hole, what if it is not enough
Trouble came one after another. The dealers gathered in Sanshui again and demanded that Jianlibao pay them the money owed to them quickly, otherwise they would be blocked at the factory gate and the government gate every day.
Paying back debts is a matter of course!
This banner was fluttering in the wind at the entrance of the municipal government, and the city leaders could not even raise their heads. The important thing is that there are too many people and the police can’t even control it!
What they didn't expect was that the matter would be published in the newspapers, and now they would be completely embarrassed!
Feng Yu listened to Fu Guangzheng talking about the current situation of Jianlibao, and his eyes widened. He didn't expect that Li Jingwei was more ruthless than he imagined!
(End of chapter)