Chapter 1116 Steady Profit Without Loss(1/3)
Conference room.
The atmosphere was a bit solemn.
Qin Hai took the lead in expressing his attitude and made the contradiction public in an instant.
No one else made a statement, and at this time, they didn't know which side to help.
Chen Qian’s opinion has not been released yet. Whether she agrees or not, at least she will talk about it after she finishes talking.
Yuan Chengdao glanced around and said after a while: "Mr. Chen, let's talk about your opinions first."
Chen Qian looked at Qin Hai deeply, paused before continuing: "My opinion is very simple. First, the suppliers outside, refund what should be refunded and comfort what should be comforted.
There is no need to procrastinate. The more you procrastinate, the more others question our strength.
Second, let the Ministry of Justice send someone to communicate with Secretary Wu. No matter what, the earlier Mr. Li comes out, the better.
There is also Qi Guanghe who can settle privately as much as possible. Hu Wanlin also finds ways to prevent her from talking nonsense.
Third, banks also need to find a way. Even if they can’t get a loan, they should not collect debts in banks.
Once banks question our repayment capabilities, tens of billions of debts we cannot repay.
It is another matter whether the loan can be downloaded, but it must be guaranteed that there will be no credit downgrade.
Fourth, just in case, we must maintain sufficient funds on the books.
Financing and listing are not suitable now, so the best way is to introduce partners or directly sell some industries.
I have told Mr. Yuan before that the business in the distance is too messy now.
It has seriously slowed down our development progress and has caused a shortage of funds many times.
Therefore, I prefer to sell some industries with low added value and severe stagnation funds.
Use these industries with low conversion rates and huge investments in exchange for other high-quality industries and continue to develop healthily.”
After she finished speaking, Sun Tao frowned slightly and said, "We must do the first three points, so there is no need to say about Mr. Chen.
But the fourth article is, is it really appropriate to sell industries?
Every grass and tree in the distance was decided by President Li himself before, and any industry was the hard work of President Li.
It’s not that time yet, and it’s probably not appropriate to be eager to sell the industry?
It was the next day, and I think I could wait a little longer.”
"wait?"
Chen Qian raised her eyebrows and said, "When will it take?
The more you wait, the more trouble you have.
Didn’t you see how many people outside surrounded the distance?
Now it is just the beginning. Next, the trust crisis is getting worse and worse, and it may explode on a large scale at any time.
I will ask you all, once the crisis breaks out on a large scale, Mr. Li does not appear, and the payment for the goods expires. Is there any way for you to solve it?"
Everyone was speechless, they really had no choice.
There is money on the books in the distance, but as soon as the futures payment is received, it will soon be gone.
Even if there is still a little left, it will be divided up by the suppliers who broke the contract.
If the trust crisis has not been resolved, it will not only be the payment for the previous period, but also the payment for the pledged payment for the current period, and the funding gap will reach about 10 billion.
How to solve this problem with so much money?
Logistics, real estate, and Yuanfang Technology are all making money now. Even if they make profits, they can only maintain their own development.
Once the entire supply chain channel breaks in the supermarket, the only profitable supermarket will probably be in trouble."
Chen Lang thought about it and said, "Mr. Chen, there is little possibility of this probability.
I think that as long as we handle it properly in the past few days and disclose the accounting information, everyone's doubts will dissipate.
After all, except for us, no one knows how much money the goods are owed in the distance.
Having 20 billion here is enough to dispel everyone's concerns."
Chen Qian shook her head and said dissatisfied: "You are still betting on probability. You always like to bet on probability. Betting on probability is what Mr. Li should do.
Our task is to check for omissions and fill in gaps, focusing on stability.
What we have to do is that under any circumstances, there can be losses in the distance, but there will be no collapse crisis."
Wang Yue, who had not spoken before, whispered: "Mr. Chen, what do you mean is that the distant place must now sell some industries to raise funds to ensure that other industries will not experience unexpected situations?"
"yes."
"Then I want to ask, Mr. Chen feels that there is no need to exist in the distance?
Logistics? Supermarket? Yuanfang Technology? Or Dongyu Real Estate?
Supermarkets are the fundamentals of the distance. Mr. Li has said this many times, and Mr. Chen said that he should ensure the smooth development of the supply system, so supermarkets should exclude it.
There are two major industries with slow repayment speed and severe sluggish funds now.
First, logistics.
Second, Dongyu Real Estate.
In the short term, if you want to sell and cash, logistics may not be suitable, because the logistics industry has not yet been found for a few companies that are capable of taking over remote logistics.
In other words, Mr. Chen means selling Dongyu Real Estate’s business, right?”
Chen Qian frowned and said for a while: "That's right, that's what I mean.
Now Dongyu Real Estate has started construction, except for the Beijing CBD project.
The land we stockpiled in our hands is more than 30 yuan, or to be precise, 32 yuan.
In terms of value, even the current market price is worth about 50 billion.
However, except for a few, most of these plots do not belong entirely to us.
There are many lands, which only paid a deposit or a down payment, worth 50 billion yuan, and this part of the land is as high as 30 billion yuan!
If Dongyu is sold now, not only can we reduce our debt by 30 billion yuan, but we can also raise nearly 20 billion yuan of funds for turnover.
Another important point is that except for the 30 billion liabilities, our debt ratio will be lower than an absolute safety line.
At that time, it will be much easier to make a loan or raise money from other channels.
Dongyu's existence has not brought us a complementary effect in recent years.
Even the plan for the distant city that was praised to heaven is actually a mirror and a water moon.
We have not built a single city in the true sense. Do you really think that the plan for the Far City can bring us complementary effects?
Is it really worth the budget of ten distant cities with a budget of up to 50 billion?
With these 50 billion, how much can we do?
Even if it is really built, how many years will it take to recover the investment? The market conditions are unclear now, so it is obviously unwise to invest on a large scale at this time.
So, in my opinion, it is nothing to do with selling Dongyu."
Everyone whispered, and many people looked at Wu Shengnan.
Wu Shengnan frowned, but he didn't say anything.
Chen Qian glanced at her and said, "In addition to Dongyu, there are actually some industries that can be sold.
Sichuan Airlines' shares, pp business, Dongxing Entertainment, and even Weibo are not necessarily unfavorable.
Of course, these industries are not small in scale, and it is difficult to find the next company to take over for a while.
Dongyu is different. At any time, someone is willing to take over the real estate project, but it is nothing more than the cost.
So, at this time, Dongyu is the best choice.”
Liu Qi, who has never spoken at the board of directors, took the initiative to speak for the first time and said: "Mr. Chen, is this what Mr. Li means, or is your personal opinion?"
“Personal opinion.”
Liu Qi nodded slightly and didn't ask again. It was enough to know this.
Just Chen Qian’s personal opinion is nothing. What she needs is to follow Li Dong’s pace.
Chen Qian said this, she just listened to it, and didn't have to worry about anything else, and let it be refuted by others.
Similarly, Zhou Haidong didn't say anything.
He and Liu Qi are both Li Dong's confidants. At the board of directors, they always act only by looking at Li Dong's eyes.
As long as it has nothing to do with their responsibilities, they only need to bring a pair of ears whatever others say.
The director who represented the employee turned a blind eye to the outside world, lowered his head and wrote and painted, and didn't know what he was thinking.
The remaining directors, Yuan Chengdao, Sun Tao, Chen Lang, Wang Yue, Wu Shengnan, Qin Hai, Liu Hong and Chen Qian, have a total of eight people, and their opinions are the most important.
Chen Qian looked at the others, especially when she looked at Yuan Chengdao, her eyes were inquiring, hoping that Yuan Chengdao could express her opinion.
To be continued...