The domestic financial system is not developed enough. If you take a mobile phone order to get a loan, it is not impossible, but it will be very difficult. Moreover, in order to reduce risks, banks will compress the loan limit very tightly.

Aisda Electronics only received a loan of 1.5 billion yuan.

In fact, it is already considered a special approval.

The total principal is 1 billion yuan, and the loan is 1.5 billion yuan, which is already very respectable.

A total of 13.5 billion is needed, but now there are only 2.5 billion, which is far from enough.

The only option is to put the entire funding gap on the suppliers.

This is also industry practice.

Operators get the goods and press the mobile phone manufacturers for payment; mobile phone manufacturers get the components and press the suppliers for payment.

Suppliers, as the most upstream, have to bear the huge risk of payment delays.

Give the goods first, then get the money.

Once a mobile phone manufacturer fails and goes bankrupt, the supplier will stop selling directly and suffer the same consequences. Therefore, for some new mobile phone companies, it is impossible to just make high-end phones.

The cost of high-end machines is too high, and the payment for goods is too much. When we come to them, the suppliers will not respond at all, and no one is willing to take this risk.

In the previous life, Xiaomi started making low-end phones. In order to solve the problem of the supply chain, it also begged grandpa and grandma. At that time, the Fukushima nuclear leakage had just occurred in Japan, and everyone was fleeing Japan. In order to get suppliers, Lei Jun

Braving nuclear radiation, he brought his team directly to the door, which moved the Japanese people, and they successfully received the goods.

The reason why Asda Electronics is able to produce high-end machines when it comes up, and its suppliers are willing to supply the goods, is because it has the endorsement of MSI and Google.

However, now the suppliers are also a bit hesitant.

The funding gap is too big!

Aisda's total capital is 1 billion yuan, and as a result, it has to bear tens of billions of accounts payable on its suppliers. This is really too much!

According to common practice in the industry, accounts payable accounting for 80% of a company's total assets is considered relatively large, and 120% is considered a cap.

Accounts payable are also considered liabilities, which is equivalent to Asda’s liabilities exceeding 1000%!

This is too exaggerated.

Even if there is the endorsement of Ziweixing and Google behind this, the suppliers are also devastated!

If it were normal times, everyone would grit their teeth and persevere. The suppliers of high-end mobile phones are all foreign companies, and it is relatively easy to get loans abroad. Just go to the bank with the order.

Suppliers are the most upstream, making the most money and taking the greatest risks. They need to get loans from banks, and then get the money to produce raw materials and send them to mobile phone manufacturers.

But now it’s a financial crisis!

Money is tightening all over the world, and banks are afraid of something going wrong and are afraid to lend money.

This puts great pressure on suppliers!

They haven't received a penny, but they have invested billions. If something goes wrong...let alone Asda's bankruptcy, even if the accounts payable is in arrears for a year and a half, they may be finished in the financial crisis.

.

So now there are huge differences.

Aisda has a large order in hand and is eager to purchase the goods and put it into production as soon as possible. The supplier has not been able to see the money for a long time and does not want to take huge risks. It hopes that Aisda will pay a deposit first, otherwise it will

Not shipped.

Zhou Buqi asked: "How much goods do we have now?"

Yan Guangming is in charge of market and supplier relations. He said in a deep voice: "Including some of the goods in the warehouse and on the sea freighters, we can meet the production demand of 3.5 million mobile phones."

In other words, if mobile phone orders do not increase, there is still a shortage of supply components for 4 million mobile phones.

Zhou Buqi frowned, "It's August soon, why are we still using freighters? We have to hurry up. All future transportation will be air transportation."

Zhou Shaoning explained: "This was all decided two months ago. We had plenty of time at the time, so we chose sea shipping. Now that orders are tight, we will inevitably choose air shipping. These are all small things. The key is that we need to update our suppliers."

We have more confidence and let them ship the goods as soon as possible. They will be available for sale in the market at the end of October.”

Zhou Buqi asked: "What can you do?"

Zhou Shaoning sighed, "The simplest and most direct way is to give money! Once the money is in place, all problems will be solved. All the deposits paid by Japanese operators will be used to prepare a 4G chip research center in Europe."

Zhou Buqi nodded, "Well, this money cannot be touched!"

Zhou Shaoning said: "I have communicated with Google, and they said they will provide a certain guarantee. But now it is not a question of guarantee or not, but a question of money. Real money is required. The supplier has nothing to do, they

They can no longer get loans, and if we don’t give them money, they will stop work and production.”

"Well, give me the money."

"How about... how about I communicate with Google and let Google provide financing?"

Zhou Shaoning suggested carefully.

"Ah? Now?" Zhou Buqi shook his head repeatedly, "No, financing is too disadvantageous now. The time for financing must be when you are richest, not when you are most short of money. Otherwise, there will be no room for negotiation at all.

A trap to death.”

Zhou Shaoning had guessed it a long time ago and was helpless, "What should we do?"

Zhou Buqi pondered for a long time and asked: "You should work harder here and fight more with suppliers. I will give you a date, September 15th! Before September 15th, I will get you 1 billion US dollars!

The problem on your side will be solved in one go!”

Although US$1 billion cannot solve all accounts payable, it is enough to give suppliers peace of mind.

With this money pouring in, all operational risks and debt risks of Asda will be completely resolved.

Zhou Shaoning let out a long sigh of relief.

This big boss is finally willing to approve the money!

He knew it.

The parent company Ziweixing currently has 3 billion yuan and 1.5 billion US dollars in foreign exchange in its accounts. Just give it a little bit can solve Aisda's capital turnover problem.

Although there are two companies now, this is a holding relationship and there is no need to distinguish them too clearly.

But he didn't know that if Ziweixing had money in its account, Zhou Buqi would have paid for it long ago.

The 3 billion funds cannot be moved.

This is Ziweixing's daily operating working capital, and it may donate 1 billion to Tsinghua University recently.

Of the US$1.5 billion in foreign exchange, US$1.2 billion has been quietly removed by Zhou Buqi and invested in a private equity fund in the United States. The remaining US$300 million must be ready to respond to the unforeseen needs of overseas business.

Zhou Shaoning didn't know why and wanted to fight for it. He looked embarrassed and said, "September 15th...there are still 50 days. This is taking too long."

"What do you want?"

"It's best to give it at the end of this month or the beginning of next month."

"This is impossible!"

Zhou Buqi flatly refused.

During this period of time, it is impossible to recover overseas investments. We must wait until Lehman Brothers goes bankrupt and the global financial market completely collapses before we can stop.

"Why?"

Zhou Shaoning doesn’t quite understand. They’re all giving money anyway. Wouldn’t it be the same if you give first and then later?

Zhou Buqi was helpless. Once some things were kept secret, it would be easy for people to misunderstand. He coughed lightly and said: "I have other uses for Ziweixing's funds for the time being."

Zhou Shaoning looked suspicious.

Zhou Buqi waved his hand, too lazy to waste time on such a trivial matter, "In this case, I will give you 200 million US dollars first to stabilize the supplier! The remaining 800 million US dollars will be given to you in September, that's it.

Got it!"

Zhou Shaoning was overjoyed, "Okay!"

200 million US dollars, 1.3 billion Chinese coins!

The total principal of Asda is only 1 billion yuan.

"Uh... how do you calculate this money? Is it a loan, a capital injection? Or a financing?"

Zhou Shaoning is very concerned about this issue, it is very critical.

If it is a capital injection, if the major shareholder injects US$1 billion of Asda's past capital of 1 billion, it will seriously dilute the share of the small shareholders.

Zhou Shaoning's current shareholding is 15%. Once it is a capital injection, his shares will be diluted to less than 1%.

This is too shabby.

This is how many unscrupulous major shareholder bosses harm the interests of small shareholders. For example, Zuckerberg cheated on the partners who started his business with him in the early days.

"Don't worry, we're financing! Just do the calculations when you have time, and then offer a high price to Aisda!"

Zhou Buqi works in the Internet and can best understand the motivating effect of shares on the management team.

If you want a horse to run, you must feed it.

This is a relatively abnormal economic phenomenon. The more shares you give away, the more beneficial it is to you. However, many people do not understand it. Not only ordinary people, but also government leaders are afraid of suffering losses if they give away shares.

In the past two decades of state-owned enterprise restructuring, all state-owned enterprises in non-monopoly industries have given up more than 50% of their shares. Those state-owned enterprises that cling to their shares and are unwilling to share them have basically collapsed.
To be continued...