Guan Yuntian's probing allowed him to find out the other party's bottom line and knew that Fengyuan Chemical was at least not interested in this GMP workshop. "Mr. Chen, don't you think this workshop has little use value?"

"That's not true. GMP workshops are not only extremely valuable, but also a scarce resource."

"Why aren't you interested in it?"

"Mr. Guan, no matter how good something is, it all depends on who is going to use it. Fengyuan Chemical is a raw material drug manufacturer. We are good at drug synthesis, but not finished preparations. Moreover, Fengyuan Chemical does not have a drug production license. We

It's useless to move this workshop here," Lao Chen explained.

"Can I apply for a drug production license from the relevant department?" Because he had dealt with Xinrui Pharmaceutical Company before, Guan Yuntian was no stranger to this.

"You can apply, but the requirements are too high. We don't have the energy and resources to meet those conditions. This is the main reason why we have been reluctant to enter the patent medicine industry for so many years."

"Mr. Chen, how do you plan to dispose of these assets?"

"You account for 80% of the ownership of this GMP workshop. The purpose of our coming here is to discuss with you the possibility of selling our 20% ownership to Changchun at a discount.

On the one hand, Changda Group can ensure the integrity of the GMP workshop; on the other hand, the fact that the GMP workshop is solely owned by Changda Group will also help you make reasonable arrangements for the future of this asset." Lao Chen said.

"Oh----, do you have such an idea?" In fact, this is the result that Guan Yuntian hopes to see, but he said in a desperate manner: "The possibility of letting Changda Group acquire part of your assets...

.,To be honest, we haven’t considered it.”

"Mr. Guan, Changda Group accounts for 80% of the ownership of the GMP workshop, and we only account for 20%. It is reasonable and reasonable that you should come forward to integrate this asset! In addition, you are not afraid to speak out.

You are joking, even if we are interested in the GMP workshop, Fengyuan Chemical cannot afford such a large amount of money to acquire the ownership of the assets held by you."

It can be seen that Lao Chen is very eager to sell this asset, but Guan Yuntian is not in a hurry: "Yes, it is indeed not the case that the two units jointly own the asset ownership of the GMP workshop. The asset ownership should be transferred to

Integration together, but Fengyuan Chemical is not interested in it, but Mr. Chen, even if Changda Group takes charge of the integration, at what price do you want to sell the assets in your hands?"

Seeing Guan Yuntian's positive intention, Lao Chen's mood changed instantly, "What price? We have no other extravagant hopes. We just want to get back Fengyuan Chemical's share of the debt in Tianyuan Company."

"Get back Fengyuan Chemical's claims in Tianyuan Company? According to your share of assets in the GMP workshop, if I calculated correctly, Fengyuan Chemical has 1.4 billion claims in Tianyuan Company. What does Mr. Chen mean?

Sell ​​the assets to Changda Group at a price of 140 million?" Finance Director Lao Ding interjected.

"For several years, we have supplied APIs to Tianyuan Company Pharmaceutical Factory. Except for the first few times, they have never settled the payment with Fengyuan Chemical. According to the payment list we have on hand, Tianyuan Company does owe us about 140 million yuan.

The payment for the goods." Old Chen said.

"Mr. Chen, don't forget, even if the payment amount you mentioned is true, it is the creditor-debt relationship between Tianyuan Company and you. This is Changda Group, and now you are discussing asset integration with Changda Group," Ye Jiayi reminded.

road.

"Yes, Mr. Chen, what we are discussing now is the asset integration of the GMP workshop. The claims and debts between you and Tianyuan Company have nothing to do with this matter.

"Guan Yuntian Dao.

"But, our assets always have a certain value, right?" Lao Chen said.

"No one denies the value of your assets. The problem is that their value is just right. Mr. Chen, you can't ask for excessive prices! To be honest, the actual value of any assets obtained through bankruptcy liquidation is far different from the value of creditors' claims.

Far, you should have a deep understanding of this." Guan Yuntian said.

"This is difficult to handle. What is the actual value of our 20% GMP workshop? I don't think anyone can tell." Old Chen spread his hands.

Unable to confirm the value of the GMP workshop assets held by Fengyuan Chemical, the matter cannot be discussed further. Seeing this, the financial section chief of Fengyuan Chemical sitting aside said: "When Tianyuan Company went bankrupt and liquidated to deal with general claims, I acted as

Representatives of Fengyuan Chemical Company participated. At the stage of paying off general debts, Tianyuan Company's remaining assets were only enough to pay off 50% of its debts compared to its total debts. Therefore, to be realistic, all the assets obtained by creditors were

In fact, it is only equivalent to 50% of their respective claims."

"This means that the value of the GMP workshop you hold is only equivalent to 50% of Fengyuan Chemical's actual debt, which is about 70 million." Lao Ding said.

"If the debt of 1.4 billion is cut off in half, only 70 million is left?" Lao Chen felt unwilling.

"Even if it's 70 million, it's still too high!" Guan Yuntian immediately expressed his position.

This made Lao Chen feel incredible, "Seventy million is still too high? Mr. Guan, do you really regard these assets as garbage?"

"Don't worry, Mr. Chen. It's worthless if you treat it as rubbish. I didn't say that the assets of the GMP workshop are worthless. I just said that your price of 70 million for that part of the assets is too high."

"Mr. Guan, you can't just bargain and say 70 million is too high, you have to come up with a convincing reason!" Lao Chen is obviously a very excited person when things happen.

"Of course there is a reason. Although the bankruptcy liquidation team only paid off the debts at a ratio of 50%, the assets used to pay off the debts were distributed to the creditors according to their original values. This is on the one hand; on the other hand, we are all

If you are a business owner, you should know that the financial management of the business includes the cost sharing of equipment depreciation. No matter what kind of assets the creditors obtain, it will involve depreciation issues. It is obviously unreasonable for you to want to sell the assets in your hands at the original price.

"

Faced with Guan Yuntian's well-founded analysis, Lao Chen could only be convinced, "Mr. Guan, for this part of the assets we hold, what do you think is a more reasonable price? Should we find an intermediary agency for evaluation?"

"This matter is actually not complicated at all. Mr. Guan's statement is very reasonable. The equipment and buildings of the GMP workshop, including its ancillary facilities, can be found in Tianyuan Company. The purchase and construction time is based on the equipment depreciation life of the pharmaceutical industry.

, calculate the depreciation rate of equipment and fixed assets from the beginning to the present, and the rest is the existing value of the GMP workshop. It is easy to calculate how much the 20% of the assets you hold is worth." Lao Ding said.

"This calculation is fair to both of us. If we ask a third-party agency to evaluate it, it will be time-consuming and troublesome, and the evaluation result may be even more unfavorable to you." Guan Yuntian said.

Lao Chen exchanged glances with his two colleagues. Guan Yuntian asked them to discuss before making a decision. While going to the bathroom, the three of them muttered for a while at the end of the corridor. Lao Chen asked the two colleagues for their opinions.

The finance section chief believes that Guan Yuntian's plan is reasonable and this valuation is fair.

"However, this loss is indeed a bit big. In the end, I can only get back a fraction of the 140 million yuan payment, and I have lost a whole 100 million yuan!" Lao Chen was very frustrated.

"Mr. Chen,

Our loan of 140 million is for a bankrupt enterprise. If we can actually get back a fraction of the assets that the other party has paid off through Changda Group, it will be considered a blessing in misfortune. Otherwise, if Changda Group

Da Group is not interested in integrating assets. We dismantle 20% of the equipment and factories from the GMP workshop. As you said, after excluding the freight and bringing it back to us, how much money will be left?" Analysis by the Finance Section Chief

road.

"Yes, that's the truth, but I feel so bad in my heart!"

"There is no other way. Just think about it, who made our debtor bankrupt?"

"Okay, then I agree with Changda Group's valuation method, and whatever is calculated will be the amount." Lao Chen said helplessly.

In fact, Lao Chen's Fengyuan Chemical is also a private enterprise. Their annual output value is only more than 200 million. Because of the bankruptcy of Tianyuan Company, they lost 100 million in vain. This is the company's net profit! Fengyuan Chemical

The annual profit is only over RMB 30 million, and a profit loss of RMB 100 million is equivalent to three years of hard work in the company. It is completely understandable that Lao Chen feels distressed.

Returning to the conference room, Lao Chen first said: "Mr. Guan's proposal is very constructive. We have decided to quote according to your plan."

"It's getting late. Let's go have lunch. Since we agree to this method, we will let the financial personnel of both parties start relevant work in the afternoon. We will wait for the results. Mr. Chen, what do you think?" Guan Yuntian said.

"Just follow Mr. Guan's arrangements."

In the afternoon of that day, Changda Group sent a car and took the financial personnel of both parties to the bankruptcy recovery office of Tianyuan Company. They reviewed the factory construction and equipment purchase details of the GMP workshop of the pharmaceutical factory, and based on generally accepted financial standards and relevant fiscal and taxation policies.

, calculate the depreciation rate of factory buildings, ancillary facilities and production equipment in detail.

While waiting for the results, Lao Chen and their chief engineer felt bored in the hotel, so they took a taxi to the Changda Group headquarters. When they arrived at Guan Yuntian's office, he was a little surprised, "Mr. Chen, didn't you rest in the hotel?"

"I took a nap in the afternoon and felt bored, so I came to your place to have a look."

"Please sit down, both of you." Guan Yuntian made tea for the guests and came over to chat with them.

"Mr. Guan, after Changda Group acquires the entire GMP workshop, what are you going to do with it?" Lao Chen asked.

"Well----, we haven't set a clear goal yet, but since it is a GMP workshop, the future direction must be related to pharmaceuticals."

"Well, I think that should be the case. Otherwise, if the GMP workshop is used for other purposes, it would be too wasteful, and the equipment in it may not be used."

"Yes, but it is not that simple for the pharmaceutical industry to choose a product with a better market. Didn't the bankrupt Tianyuan Company cause their irreversible consequences just because of improper product selection? As a result, it hurt

You have hurt yourself, and you have also cheated others. Well, as partners, you should know Tianyuan Company better, right?" Guan Yuntian said.

"Hey, the bankruptcy of Tianyuan Company is really regrettable. In fact, the medicine they made is not as marketless as the outside world said. The same API we produce is not only supplied to Tianyuan Company, but also to other companies.

The two customers with large usage volume have always been very stable," Lao Chen said.

"Oh, what exactly is their problem?" Guan Yuntian was very interested in this.

"According to our understanding and judgment, Tianyuan Company's problems mainly lie in two aspects: decision-making management and marketing. Their manager Zhang is not good at management and makes arbitrary decisions. He only focuses on production and does not pay attention to product advertising. It can be said that it is completely
Chapter completed!