Nine million nine hundred and ninety thousand is not even enough to pay off its other debts, so how can it be its turn to pay back the bank?
The bank's money is like a grandson. As the printing and dyeing factory's largest creditor, but the debtor last in the repayment order, President Gao was very angry even though he knew this was the rule.
"Nine million nine hundred and ninety thousand is probably only enough to pay the workers their overdue wages," President Gao said helplessly.
Li Cheng almost laughed out loud when he heard the figure of 9.99 million. But at the same time, he was also thinking to himself, the printing and dyeing factory's land is over a thousand acres, and even with the premium, it's only 9.99 million. What a steal!
This was in 1999. The land of the printing and dyeing factory, located in the city center and surrounded by mountains and rivers, was worth this much money, which was really very high.
Li Cheng asked, "President Gao, have you found the company that will take over the land?"
"We're looking for it. I heard that many people are interested in that piece of land. However, this matter is not our responsibility, so don't worry about it."
Li Chengxin said, "No, if you don't take care of this matter, all my work these days will be in vain."
"President Gao, the highest bidder gets it. Our branch's money can't be like a stone thrown into the water, with not even a splash, right? Even if it skips, we still want to see the splash!"
In fact, at this point, President Gao no longer needs to worry about liquidation and bankruptcy. What he should worry about most now is that huge loan.
According to standard practice, this money would be reported to the highest level of financial management and then written off. Writing off means that the money no longer exists. Gone, completely gone, cleared from the national economy.
From this perspective, it seems that there was no loss to the branch, and the debt was ultimately paid by the state.
However, there's one thing involved here: President Gao will be in a lot of trouble. He'll have to write a lot of reports and visit many relevant departments. Of course, these aren't the main issues. The main issue is that this money will affect his progress.
Especially at this critical juncture. President Gao has always wanted to work in the city branch, and the position he has his eye on is now vacant, waiting for him to do something remarkable, so that he can naturally step onto a new level.
But man proposes, God disposes. The problem with the printing and dyeing factory put the matter on hold. Do you think he can avoid losing his hair?
Vacant positions won't wait for anyone; someone will fill them at any time. President Gao knew that even if his superiors didn't pursue the loan, once he wrote off the loan, it would take him forever to get promoted.
President Gao has a habit that's not really a problem. It's his habit of combing his hair with his fingers when he's upset. Whenever he's troubled, he uses his fingers as a comb and vigorously strokes his hair.
He did just that now. After combing his hair vigorously a few times, a few more fallen hairs appeared on the table.
President Gao looked at the strands of hair, then picked one up and looked at Li Cheng and said, "When I was about to throw this stone into the water, I knew this would be the outcome today."
After saying that, President Gao twisted the hair into a ball, as if he had many unspeakable secrets.
Then he added, "You said the highest bidder wins, but now they're not willing to pay even 9.99 million. How can the highest bidder win?"
Li Cheng was stunned when he heard this. He thought, "How could someone not take such a cheap deal of over 9 million yuan to buy over 1,000 acres of land in the city center?" Unless they were deliberately trying to lower the price, they wanted to get the land at a lower price.
Sure enough, President Gao told Li Cheng that many people were interested in the land, but they all said that the land was not worth that much money, so they just kept dragging it out and couldn't make a decision.
After learning why no one had taken over the land, Li Cheng was both surprised and delighted. He was surprised that those people were so short-sighted, thinking such cheap land was too expensive. He was happy that since no one had taken it over, he would have a lot less trouble.
I had originally thought of asking President Gao to coordinate an auction, but it seems that is no longer necessary.
"President Gao, I remember the printing and dyeing factory borrowed a total of 17 million from our branch, right?"
President Gao nodded and said, "This is just the principal. The interest is over four million."
Interest? What are you talking about interest at this time? The big fat sheep has been eaten by others, and you are still thinking about that sheepskin.
"President Gao, forget about the interest. The most important thing right now is to quickly sell the land that holds the printing and dyeing factory. That way, relocating the factory will be much easier. Also, should we write off the 17 million yuan loan or revitalize it?"
Upon hearing this, President Gao was stunned. Because thanks to his unremitting efforts, the city branch finally agreed to let him write off the 17 million yuan loan.
Although this was a very troublesome matter, had a significant impact on President Gao, and delayed his promotion, there was no other way but to write off the debt.
It's like you lent money to someone, and then that person suddenly died, his house collapsed, and he left behind a baby crying for food. What can you do? There is no other way except to accept your bad luck.
But if someone suddenly says at this time that this debt cannot be ruined and can still be saved, would you be excited?
President Gao was so excited that his hands and feet were shaking. Li Cheng told him that the 17 million yuan loan was not bad and could still be saved.
Then, Li Cheng told the idea he had come up with. After hearing what Li Cheng said, President Gao was so excited that he was speechless for a long time.
He hadn't expected Li Cheng to come up with such a ridiculous idea. But he calmed down, looked at Li Cheng with a puzzled expression, and said, "No one wants over nine million, so seventeen million is even less likely to be wanted. And even if someone did, where would I find someone so foolish as to take on a seventeen million dollar debt?"
Li Cheng smiled and said, "Try it. How do you know you can't find it when you haven't even looked for it yet? President Gao, don't forget, there are conditions for taking over this 17 million yuan debt. The start-up capital for the printing and dyeing factory's relocation and restart must be conditionally loaned to them by the branch. Only by following my suggestion can the money originally loaned to the printing and dyeing factory be revitalized."
President Gao thought about it and agreed. Li Cheng's plan had already been successfully approved and had entered the substantive implementation stage. This time, Li Cheng's idea might also work.
The world is so big, who knows where a fool will suddenly appear and solve the current problem. President Gao pondered for a moment and felt that he could give it a try. If Li Cheng's idea works, he will be the biggest beneficiary.
Not only did it revitalize 17 million yuan in bad debts, but it also solved the food problem for more than 1,000 workers. No matter from which perspective, this is a remarkable achievement.
And this achievement is enough for him to reach a new level.
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