Some people say that banks are the ones who give out umbrellas when it’s sunny and take them away when it’s rainy.
Is it really possible for a bank to do such a ridiculous thing?
This is indeed the case. Banks are profit-driven and will try their best to avoid risks in the process.
Not to mention rainy days, even if the sky is a little cloudy, the first thing they think of is to put away their umbrellas as soon as possible.
This is how banks usually operate, but it is not the case for Li Cheng’s investment company.
Li Cheng believed that the best investment opportunities were when the sky was overcast. Since it had already started to rain, Li Cheng was thinking about cleaning up the battlefield after the rain to see if he could pick up anything valuable.
The weather at the heavy machinery factory had turned from cloudy to sunny, which was the normal time to lend out umbrellas. But Li Cheng decided to go against the trend and take back the umbrellas.
"Although this 70 million is an interest-free loan, it is still a loan after all. We plan to recover the money before you go public..."
The factory manager was stunned. How could he be willing to do that when the free money was about to be taken back?
"This money is actually no longer of any use to you. We're taking it back to reduce your debt and help you go public..."
What you said seems to make sense, but where can I get 70 million for you?
The factory manager complained in his heart, and his facial expression became ugly.
"I know you can't come up with the money right now, so I've come up with a solution for you: debt-to-equity swap..."
Debt-to-equity conversion means that the heavy machinery factory's 70 million yuan loan debt will be packaged and sold, and the money obtained will be used to repay the bank loan.
After hearing this idea, the factory manager knew it was a good idea.
What's good about this? Fortunately, this matter involves gambling.
I bet the heavy machinery factory would successfully go public, that its stock price would soar after listing, and that its future would be…
The factory director hesitated again and again, drank three glasses of water in succession, and finally said worriedly: "President Li, if the 70 million debt can be settled, then there is no problem. If it is less than 70 million, I will accept it if it is less. But if it is ridiculously low, I will not be able to explain it to the people at the factory!"
"Flat? Ridiculously low? Why are you so unsure about the Heavy Machinery Factory? Let me ask you, do you lack confidence in the IPO, or do you lack confidence in the future of the Heavy Machinery Factory? You're the factory director, the soul of the factory, and if you don't have confidence, what are we all working for? We might as well just eat, drink, and spend all our money and go bankrupt."
After being scolded by Li Cheng, the factory director wiped the sweat from his forehead and said, "With what President Li said, I have confidence..."
"Your confidence... was actually gained by being scolded. I'm impressed by you."
The factory chuckled, knowing that the 70 million yuan problem had been completely solved. Not only was there no interest, but even the principal didn't have to be repaid.
This is great news for heavy machinery manufacturers that are reducing debt and preparing for listing.
While feeling happy, the factory manager suddenly thought of one thing, that is, he had recently prepared some thank-you shares to thank all the gods who helped him.
These shares exist in the name of employee shareholding. The factory director pooled the shareholdings of some retired employees, some people who refused to buy shares, and honorary employees of the heavy machinery factory to create this thank-you share.
These shares were not a small number, totaling over two million. The factory director had already given away some, and now held half a million shares.
He wanted to give Li Cheng 100,000 shares as a thank you for his help to the heavy machinery factory. He had no intention of asking Li Cheng for money for these 100,000 shares; they were purely dry shares.
After he expressed his intention, Li Cheng flatly rejected his kindness.
The factory manager was stunned for a moment, thinking that Li Cheng was complaining that the amount was too little. After all, it was rumored that Li Cheng's assets had already exceeded 100 million.
In fact, the rumors outside are not true. The assets controlled by Li Cheng have already exceeded 10 billion.
If Beigang is completed as scheduled, Li Cheng's assets will double.
If Beigang and BHX District develop smoothly and eventually become new industrial towns, Li Cheng's assets will increase tenfold or even a hundredfold.
At the beginning, Li Cheng used Dapeng Computer Company to carry out capital operations, and then acquired the land of the printing and dyeing factory, swallowed up the tape recorder factory to build a supermarket, opened a driving school, opened a barbecue city, opened a seafood market, and opened an investment company. Later, he rescued dozens of companies just to raise funds for the BHX District and Beigang.
After this batch of funds entered the BHX District and Beigang, the development of these two places was like adding wings to a tiger. Now it can be said without hesitation that Li Cheng and those behind him own more than half of the BHX District and Beigang.
Moreover, the proportion they occupy will expand as these two places expand.
That place has become Li Cheng's kingdom.
There, a large number of excellent industries are concentrated.
There, there is a port with a designed capacity of handling tens of millions of tons.
There……
When Li Cheng was in school, he once heard his teacher say, "Money in the bank is only half worth."
This sentence is not difficult to understand. The liquidity of money is also its financial attribute. Only when money can flow can the entire economy be healthy.
Li Cheng was very capable and used money like he used soldiers. After accumulating a certain amount of capital, he invested it in BHX District and Beigang.
This is a strategic investment, a major move that will change the world.
Just a hundred thousand shares, who are you looking down on?
After hearing the factory director's words about increasing the 100,000 shares to 300,000, Li Cheng just smiled.
The factory manager was a little embarrassed and felt that he was too stingy. Giving a million shares to a guide like Li Cheng was not too much.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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