However, Fu Hua is not particularly worried about these situations. Xihai Investment has been through ups and downs along the way, basically relying on himself to bite the bullet. The mountain will fall, and the water will flow. Although it is difficult, it is better to ask for others than to ask for yourself. What's more, the information that Kexun Digital will come to investigate also gave him some confidence.
"I understand, Uncle Hu, I will find a way myself."
Hu Yufei said with a smile: "However, I will still call you when you need to say hello. I will also recommend the Financial City project to my friends. So you don't have to worry too much."
"Thank you Uncle Hu."
"There's no need to be polite between us." Hu Yufei paused at this moment, "Fu Hua, I have something I want to ask you. Is there a big problem with Sun Zhaohui?"
"You have also seen the report that the five billion convertible bonds are not enough," Fu Hua said with a smile, "I don't think there is a big problem with this matter. Are you jointly and severally liable?"
"I'm not talking about this," Hu Yufei shook her head and said, "I'm talking about commercial tickets."
Commercial paper is the abbreviation of commercial paper, which refers to the unsecured short-term paper issued by financial companies or enterprises, which is used by the issuer of the paper to raise funds.
Commercial bills can be endorsed and transferred, but generally cannot be discounted to banks. The reliability of commercial bills depends on the credit level of the issuing company, and is a credit instrument.
Commercial bills are one of the most commonly used financing methods for enterprises, because the procedures are simple and the endorsement can be transferred. But because of this, the risk of commercial bills is also high, because the underlying logic of commercial bills is corporate credit. The ability of commercial credit to resist risks is often not high.
Fu Hua asked with a bit of doubt: "What happened to the commercial ticket? I didn't hear about the problem with Zhaohui Group's commercial ticket redemption?"
"The sound in the market now is not that Zhaohui Group is fine, but that the holder of the commercial ticket has not started making trouble," Hu Yufei said with a wry smile, "I know that Zhaohui Group is in a bad situation because a friend of mine asked me for help. He He holds 50 million commercial tickets from Zhaohui Group. Now people from Zhaohui Group tell him that the payment of commercial tickets can only be half in cash and half in goods. The goods are produced by the subsidiary of Zhaohui Group, and they are not well known in the market at all. Yes It's not worth much."
Fu Hua knew that Sun Zhaohui saw that the situation and policies of the real estate industry were getting more and more severe. only
One entertainment is one of them. Of course there are other industrial investments.
But without exception, these investments were unsuccessful, and Sun Zhaohui was not as talented as in the real estate industry in other aspects. As a result, a large number of unsalable products have been produced. Although these slow-moving items cannot be said to be worthless, they are difficult to exchange for cash. This is actually equivalent to halving the commercial ticket.
This is a worse behavior than the deferral of convertible bonds. Because Sun Zhaohui is just showing the rhythm of wanting to default on his debts. Has the situation of Zhaohui Group really deteriorated to such an extent? Even Sun Zhaohui, who has always been famous for his righteousness, should shamelessly renege on his debts? Fu Hua felt that he needed to have a good chat with Sun Zhaohui. After all, the two companies are a kind of strategic cooperation relationship. If Zhaohui Group collapses, Xihai Investment will not be able to survive on its own.
Fu Hua looked at Hu Yufei with a wry smile and said, "I really don't understand this matter. Sun Zhaohui shouldn't be so rude, right?"
Hu Yufei said with a smile: "There is a saying that poverty creates wind, it says that when people are poor, they can do anything. Sun Zhaohui's current state is exactly like this."
Fu Hua didn't say anything. In fact, he had nothing to say. But he didn't really call Sun Zhaohui. It's still the same sentence. Sun Zhaohui is helpless, and he can't do anything about it. Calling Sun Zhaohui is useless except to be annoying. Also because of Sun Zhaohui's situation, Fu Hua is more and more eager for Kexun Digital to enter the financial city to hedge against the impact of the impending collapse of Zhaohui Group.
But the more I looked forward to it, there was no news from Susan, until he felt that this matter might be over, and Susan finally called.
Fu Hua answered the phone with a smile: "Susan, you've called. Tell me, when are you coming?"
Susan smiled bitterly and said, "Sorry, Mr. Fu, Xiao Yunkai can't go to Beijing anymore."
Fu Hua was stunned. After waiting for so long, Susan finally called, but she couldn't speak. The joke was a bit big, and it wasn't funny at all.
Fu Hua smiled bitterly and said, "What's the matter, Susan, didn't we agree? And you asked to come and see."
Susan said apologetically: "I'm sorry, Mr. Fu. I just received news that Xiao Yunkai's Philadelphia University case was reopened by Yankees, who asked Xiao Yunkai to go to Philadelphia to attend the hearing. In this state, Xiao Yunkai and I are both The focus of the media’s attention, we are inconvenient to appear in the public eye.”
It turned out to be like this, Fu Hua was somewhat relieved, at least Xiao Yunkai just didn't come now, but he will come later.
"How could this be? Isn't that case over for a long time?"
Alas, Susan sighed: "The other party originally wanted to knock a lot of money. However, both the company lawyer and Xiao Yunkai felt that giving money would not only fail to settle the matter, but would instead give others a handle, which would be used by the other party in the future. For further extortion."
Xiao Yunkai is right to think so. In reality, lawyers often do not recommend that the client say sorry to the other party, even if you really did something wrong. Because saying sorry is the same as admitting that you did something wrong. The court may rule you out for that.
But because of this, the other party didn't get what they wanted, and it was inevitable that they would be entangled.
"This case has been over for so long, and it won't be reopened without decent evidence," Fu Hua asked with concern, "Will Director Xiao run into any trouble this time?"
"There must be trouble. Now the other party asks a few questions and it's annoying," Susan said with a wry smile. "The other party wants to inquire about Xiao Yunkai's income status."
Fu Hua thinks this problem is nothing, because the income of the chairman of the listed company is almost always open and transparent. But the next question Susan said immediately made him feel deeply malicious, because the other party asked how much Xiao Yunkai had done with the woman's consent.
This puts Xiao Yunkai and Susan in a rather embarrassing situation, and it is not very hurtful, but extremely insulting. Because once Xiao Yunkai agrees to answer this question, he must truthfully answer the details of what happened to him in the past with a woman in an American court.