Over the years, Guan Yuntian has maintained good relationships with major local financial institutions. In the past few years, the construction of all Changda Group projects relied on the strong support of various banks.

Since the backdoor listing, corporate financing channels have turned to the stock market, and there are far fewer opportunities to deal with banks in business. Except for Changda Real Estate Company, which still has some loans from banks, even for large projects such as auto parts

Loan a penny from the bank.

Although the loan business from banks has decreased by 80%, Guan Yuntian has always maintained relationships with various financial institutions. Every once in a while, even though it does not involve loan business, he has to take time out of his busy schedule to visit various financial institutions.

Bank visit.

There was once a popular practice in society. For some companies that looked pretty good on the surface, the bosses tried their best to build relationships with banks, and then under the cover of legality, they borrowed money from banks to expand. When the companies reached a certain scale, they

Loans in banks have accumulated to a terrible figure.

At this time, various overdues and defaults will follow one after another in the process of repaying principal and interest, but the bosses are as stable as a mountain, waiting for bank leaders to beg them in turn, because financial institutions are afraid that the company will go bankrupt. If the loan becomes a bad debt, according to the

According to the provisions of the financial law, relevant leaders must take responsibility.

For more than ten years in business management, no matter whether the company's performance is good or bad, or whether funds are loose or not, Guan Yuntian has not only never defaulted on the principal and interest repayment of loans, but also has no idea of ​​​​relying on connections to make large loans and then cheating.

.It is Guan Yuntian's entrepreneurial spirit and honest and reliable character that has won unanimous praise from all local financial institutions, making Changda Group a gold medal customer of local banks.

Governor Liu just said it as a joke. Even if he knew that Guan Yuntian was here to help others, he still had to give him face because Guan Yuntian was such a person and the decisions he made were all carefully considered.

Facing President Liu's teasing, Guan Yuntian was not angry. After all, he was an old friend. "You don't know, sometimes you have to meddle in other people's business!"

"Oh, there are other things that I have to interfere with? This is the first time I've heard of this!"

"Don't say sarcastic words. I don't believe that when your friend encounters something difficult, you will die without saving him?" Guan Yuntian glanced at the other party.

"If this is the case, I can understand it. With your character, you won't ignore your friends asking for help. Well, which of your friends has encountered something difficult?" Liu Xingchang said.

"The listed company Changda Holdings is carrying out environmental rectification in accordance with the requirements of the Municipal Environmental Protection Bureau. Because of the sudden incident, there is still a funding gap of 100 million. Their chairman and chief supervisor came to me. Do you think I will take care of it?"

"Hasn't your Changda Group already withdrawn from a listed company? You have never been involved with a listed company, so why do you care what they do? Besides, a listed company has both a chairman and a financial director. Do you need to worry about that?

?" President Liu disagreed.

"That is to say, but environmental protection rectification is a very serious matter. If the standards cannot be met on time, the company may face the risk of closure. The management of listed companies have tried their best. Although stock market financing has solved most of the funds,

But there is still a certain funding gap. If this part of the funding is not implemented, it will be impossible for environmental protection rectification to meet the standards on time."

"I think your worries are unfounded. You have already withdrawn from the listed company. Does it still have anything to do with you whether they can meet the standards?"

"You don't know. On the one hand, we have not completely withdrawn. We still have nearly 10% of the equity in the listed company. In addition, I personally presided over the construction of several projects included in Changda Holdings.

If there really is something good or bad, it would be difficult for me to accept it emotionally." Guan Yuntian said.

"Hey, you have a bodhisattva heart. Is 10% of the equity considered a lot of money for the current Changda Group?"

"President Liu, you can't stand and talk without your back hurting! If this matter happens to you, you still can't just sit back and do nothing. Ten percent of the equity is a lot of money. It's a pity to let it go to waste. In addition,

We have just withdrawn from our position as the largest shareholder. If the listed company is shut down due to environmental issues at this time, how will the outside world view us? I have to consider these issues too!"

"Okay, although you didn't say it clearly, I already know the purpose of looking for me. Is this loan in the name of Changda Group, or is the listed company applying directly to us? You have to know that Changda Holdings has never been in

We have done business here, and the first loan requires credit. Firstly, it takes a long time, and secondly, the procedures are more troublesome." President Liu was obviously unwilling to face Changda Holdings directly.

Guan Yuntian is too familiar with the business processes of financial institutions. He also believes that the procedures for direct loans from listed companies are cumbersome. "Then we will do whatever is convenient according to President Liu's wishes."

"Loans in the name of Changda Group are naturally simple and convenient, but how about repaying the principal and interest...?"

"President Liu, please rest assured that since the loan is made in the name of Changda Group, we will be responsible for everything and there will never be an extension of default."

"You don't need to say this. Changda Group has had a relationship with us for so many years, why do you still talk about such a trivial matter? I am worried about you. Does the other party have a repayment plan?"

"Although I am enthusiastic about my work, I am not unprincipled. When I agreed to help them, I also mentioned the repayment plan. The other party agreed to allocate the funds from the year-end gross profit of the listed company. I think their repayment plan

It’s guaranteed.”

...

With the guarantee of sufficient funds, the environmental protection rectification of two key projects of Changda Holdings' tire manufacturing and refining and petrochemical projects were completed as scheduled and successfully passed the acceptance inspection. This made Chairman Lao Duan breathe a sigh of relief. However, just when he thought everything was fine

At that time, the board secretary of the listed company received a document jointly issued by the two functional departments of environmental protection and development and reform, and the content was related to self-owned power plants.

The document was transferred to Lao Duan. He read it several times and finally understood the content of the document. It turned out that the above policy required the gradual shutdown of small coal-fired power plants in various places. It seems that the news came out two years ago

The plan will now be officially implemented!

Lao Duan threw the document aside and fell into panic. Although the two major sectors of the listed company, oil refining, petrochemical and tire manufacturing, had spent a large amount of investment in environmental protection rectification, after passing the inspection and acceptance, they could continue production and provide shareholders and

The majority of retail investors are creating profits, and the situation of self-owned power plants is too terrible. Instead of asking for rectification, they directly announced that they will gradually shut down from now on.

Lao Duan has a deep understanding of this kind of policy risk. The Fengyuan Mining Company he once ran could not continue to survive the government's policy of shutting down small and medium-sized coal mines. Now, the listed company he serves as chairman is facing another problem.

The power plant was about to be shut down by the policy, and Lao Duan even felt like crying.

Lao Duan is very clear that the shutdown not only means that the power plant cannot continue to create profits for shareholders, but also that the value of all the facilities of the power plant will drop sharply. If this kind of bad news spreads to the stock market, the share price of Changda Holdings will rise significantly.

fell.

I originally wanted to hold a board meeting and disclose this document at the meeting, but after all, Lao Duan had experienced some things, and he had an extra thought. Not only did the board of directors not hold the meeting, but he also suppressed the document. This had only one purpose.

That is to avoid leakage

The news caused panic among shareholders.

However, with such a major event about to happen, Lao Duan Guang suppressed the documents, which would have no effect except temporarily blocking the news. Thinking of this, he felt it was necessary to report the matter to the supervisor, Elder Li.

With this document, Lao Duan asked the driver to take him to the Xinrui Pharmaceutical Company where Lao Li worked. When he came to Lao Li's office, Lao Duan not only turned around and closed the door, but also locked it.

"Why are you here? What are you doing?" Seeing Lao Duan locking the door of his office, Lao Li felt confused.

Lao Duan made a gesture to whisper, "Look at this first." After saying that, he took out the document from his bag and handed it to Lao Li.

Opening the document, Lao Li read it from beginning to end, "Oh, this is a big deal and will have a great impact on the performance of listed companies!"

"I originally wanted to convene a board meeting to deliver this document, but on second thought, it would be better to temporarily block the news. I'm afraid that the news will spread and cause panic among shareholders and a sharp drop in stock prices. So far, only you and I know about this." Lao Duan said in a low voice.

.

"Well done! You still have experience." Lao Li praised.

"But the policy will be implemented soon, so we can't hide it for long!" Old Duan spread his hands.

"Yes, but what can we do about the policy requirements?" Lao Li was also at a loss.

"We can't influence the policy. I came to discuss with you to see if we can find any way to minimize the losses of listed companies."

Old Li thought for a moment, "To be honest, I don't know any way to reduce losses. Since you mentioned this idea to me, I think you should discuss it with Mr. Guan of Changda Group. He has rich experience in this area.

Maybe I can provide you with useful suggestions." Lao Li learned more about Guan Yuntian.

"Chief Supervisor, although you did not make any specific suggestions, this suggestion is also very useful. Yes, I will discuss countermeasures with Mr. Guan and see if he has any good ideas, but you have to come with me."

"Huh, that's probably why you came to me." Lao Li agreed to accompany him.

After meeting in Guan Yuntian's office in Changda Building, Lao Duan also closed the door and whispered: "Mr. Guan, I want to ask you something today. Please take a look at this document first."

Guan Yuntian took the document. After reading it, he was not surprised at all, because as early as two years ago, he learned from the environmental protection department that the policy of closing small coal-fired power plants had been formulated. At that time, opinions from all parties were being listened to.

He said that the arrow was on the string and had to be launched, but the time was yet to be determined. Seeing this document, he felt that the boots had already landed and it was just waiting to be implemented.

"What do you want from me?" Guan Yuntian returned the documents to Lao Duan.

"Mr. Guan, you have also read the document. If the self-owned power plants are shut down, it will have a big impact on the performance of the listed company!" Lao Duan said.

"The impact is certainly not small, but this is a national policy, and it is not targeted at Changda Holdings. Is there any other way besides implementation?"

"No one dares to go against the policy. Implementation is inevitable. Chairman Li and I want to think of other ways to minimize the losses caused by the shutdown of the power plant?"

"Yes, the shutdown of the power plant will affect the company's performance on the one hand, and its assets will soon depreciate exponentially. How to minimize the losses? This issue should be carefully considered, but...," Guan Yuntian also

Fell into confusion.
Chapter completed!