When the director of the heavy machinery factory saw Li Cheng, he first held Li Cheng's hand tightly and then apologized repeatedly.

"Look, Director Li, you've been promoted to president, and I've never had the chance to congratulate you..." Li

Cheng smiled and asked him to sit down, then pointed at his belly and said, "You've gained weight!"

The factory manager glanced down at his belly, patted it twice and said, "You've definitely gained weight. Time is merciless!"

Li Cheng was about to ask him why he came, but he said first: "Director Li, oh, President Li, I came here today to ask you for advice on how to deal with this matter."

Li Cheng placed a cup of tea in front of him and said, "You say."

"President Li, this is what's going on. Do you remember when I loaned out 70 million yuan to pay the workers' salaries two years ago?"

Of course Li Cheng remembered it, and he also remembered that it was snowing that day.

"President Li, when I first saw you standing in the snow, I knew you had a bright future. Sure enough, you've become the president now."

Li Cheng smiled and said, "Let's talk about it."

The factory manager was stunned for a moment, then quickly said, "Yes, let's get to the point. Li Xing's time is precious..."

It turned out that when the accounting firm was auditing the accounts of the heavy machinery factory, they found that there was something strange about the 70 million loan.

It is not strange to use loans to pay wages, it is not strange not to repay the loan, and it is not strange that the purpose of the loan is unclear.

What is strange is that this huge loan is just hanging on the books of the heavy machinery factory, with neither interest income nor increase in interest liabilities.

The accountant in charge of the audit had never seen such a thing before, so he sent a letter to the financial personnel of the heavy machinery factory to ask about the current status of the loan.

The financial staff also didn't know what happened to the money. They used it to pay everyone's overdue wages. Logically, this money should be repaid on a monthly basis like other loans.

However, the heavy machinery factory was not performing well and could not even pay the interest on the loan, so the principal naturally disappeared without a trace.

Even though it couldn't pay it back, it still had to go through the necessary procedures. Therefore, the heavy machinery factory would receive a bank statement every month, which would list the amount of loan and interest owed to the bank.

But what puzzled the financial staff of the heavy machinery factory was that this 70 million yuan loan never accrued interest. In other words, the money had effectively become an interest-free loan.

During the pre-IPO audit, the financial staff listed this money as a bank loan. The auditors found that no loan interest had been generated on this money, so they asked what happened to the money.

The financial staff felt that this matter concerned the company's listing and did not dare to reply according to the conventional procedures, so they reported the matter to the factory director.

The factory director knew exactly where the money came from; he had gotten it through connections. But the money had never accrued interest, and he had only just learned about it.

I contacted the contact in the province, but probably because it had been too long and he was too busy, he couldn't remember what happened, so I asked him to ask Li Cheng what was going on in their branch.

It was Li Cheng's branch that handled the matter back then, so the man asked him to ask Li Cheng's branch.

In this way, the director of the heavy machinery factory came to Li Cheng.

After listening to this, Li Cheng smiled and said, "I know about this."

"You know?"

"Yeah, I know."

The factory manager was stunned for a moment, then asked Li Cheng what the current status of the loan was.

If it is treated as a normal loan, the heavy machinery factory's listing will probably not pass the audit.

This time the heavy machinery factory plans to raise 300 million shares. Excluding the premium factor, their own assets and liabilities should not exceed 300 million yuan at the very least.

The strange thing about the heavy machinery factory's assets and liabilities is that if the interest on the 70 million yuan loan is accumulated, the interest owed by the heavy machinery factory plus other liabilities will just exceed 300 million yuan.

If it is an interest-free loan, although the heavy machinery factory's debt is close to 300 million yuan, as long as it does not exceed 300 million yuan, some things can still be relaxed.

Therefore, what exactly is going on with this 70 million loan is particularly critical at this time.

Li Cheng said he knew what was going on with the loan. The factory director felt nervous, thinking that the future of the heavy machinery factory and the future and fate of nearly 30,000 people under him were now in the hands of this young and smiling vice president of the bank.

He knew, he actually knew. The factory director felt inexplicably nervous and just stared at Li Cheng.

"For that 70 million yuan loan, the provincial branch only issued us a document, leaving us responsible for oversight."

Having said this, Li Cheng stopped.

Li Cheng remembered this incident very clearly. This was what the provincial branch had instructed him to do at the time. It also asked the sub-branch not to covet the money and not to take the opportunity to deduct the loan interest owed by the heavy machinery factory.

The factory director laughed secretly when he heard this, thinking that the money had already been distributed a long time ago, so what's the point of your supervision?

"We all know where the money went, and it was President Hou who brought us to your factory to deliver the cash. Although the money was distributed to the workers, the account still exists. The provincial branch wants us, the sub-branch, to be responsible for overseeing this account."

The factory manager understood after hearing this and thought that they were talking about supervising the accounts.

"The director of the credit department at the time was Yang Hong. After I sent you the money, I asked him to write a report to the provincial branch, requesting that they classify the money as an interest-free loan."

Hearing this, the factory director was completely stunned.

At the same time, a big question arose in his mind, that is, why did Li Cheng do this?

There was no reason for this, and we had no previous connection. Although he is handsome, I don't believe that he would do such a great thing for no reason!

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