Chapter 253 Incomparably expensive cannon fodder
Liu Wenyue walked up the short stairs, took the microphone from Liang Yuan's hand, and said to Liang Yuan: "Young Master, in fact, this matter should be announced by you yourself. I am just an executor. If the Young Master had not insisted on insisting, we would never have achieved such great results."
Liang Yuan didn't say anything, smiled and shook his head, walked down the steps and went straight to where Liu Wenyue was sitting.
"The eldest young master just said that we have made a fortune, and the amount is still good. To be honest, until now, I am still wondering if I am dreaming." Liu Wenyue said with emotion.
After hearing Liu Wenyue’s description, everyone’s interest became stronger.
"Old Liu, hurry up and say the number. Didn't Deutsche Bank say that it was going to inject $300 million when I came back? Could it be that things had changed?" Su Liangyu asked curiously.
As soon as Su Liangyu finished speaking, several sounds of air sounded in the conference room. In 1988, the Republic's actual use of foreign capital in the whole year barely exceeded 10 billion US dollars. Even according to Su Liangyu, as long as the contract was implemented, Yuanjia himself would account for three percent of the Republic's annual share. If this news was revealed, it would definitely be explosive news.
"Two days ago, Fengyuan Trade Trade and Deutsche Bank reached an agreement in Bonn, and Deutsche Bank invested US$600 million to acquire 70% of Fengyuan Trade Trade shares. Except for China Trade City located in Suifenhe, all assets of Fengyuan Trade Trade European Branch, warehousing centers, logistics fleets, and procurement channels in Shenzhen and Hong Kong are included in the acquisition contract."
Although Su Liangyu had vaccinated with a 300 million US dollar figure in front, some people in the conference room couldn't help but exclaim "600 million US dollars!" and "My God!" subconsciously exclaimed.
"The acquisition of holdings with a double premium is actually made by Lao Liu." Su Liangyu stretched out his thumb and shook it at Liu Wenyue.
Liu Wenyue smiled strangely at Su Liangyu and continued: "The agreement signed by both parties is being reviewed by the Deutsche Bank Board of Directors. With the review of this contract, there is also a loan agreement. West Germany Yuanjia has applied for government interest-subsidized export credit with a total amount of US$600 million from the Federal German government. If nothing unexpected happens, this loan contract will also be implemented by Deutsche Bank."
In a blink of an eye, there was a silence in the conference room and it was heard.
Since Liang Yuan had guessed the ultimate goal of the Federal Republic of Germany's investment in Fengyuan's trade, the two sides could describe it as dry materials and fire in the general direction. The focus of the negotiation was nothing more than entanglement of interests.
Liang Yuan, who clearly grasped the dirty thoughts of the West Germans in using Yuanjia to mess up East German society, could not let go of the opportunity of the lion's big talk? First, he instructed Liu Wenyue to sell two ways, one for US$300 million, and the other for 30% of Fengyuan Trade Trade shares. The other for US$900 million. Yuanjia completely took over Fengyuan Trade Trade.
The Germans in the west also hoped that Yuanjia would be cannon fodder in front to confuse brothers of the same clan in the east. How could Liang Yuan simply run away with a large amount of acquisition money? Because Liang Yuan was not involved in the trap, the two parties negotiated a stake, controlling the shares and the overall acquisition for a whole month. During this period, there were countless disputes.
It was not until someone returned from a trip to the Soviet Union that he felt that he had tortured the German patience and appetite that Liang Yuan told Liu Wenyue that he could accept being cannon fodder, but the premise was that Deutsche Bank had to use its own influence to help Yuanjia get long-term export credit subsidized by the Federal German government.
After World War II, due to the industrial upgrading of developed countries, not only did the export of large-scale industrial finished products, but the export volume of large-scale complete equipment such as petrochemical equipment, nuclear power, aviation, and ships has also increased day by day.
The transaction characteristics of large-scale complete equipment are large amounts involved, long delivery cycles, and slow payment collection. Without the support of long-term export credit in banks, the difficulty of closing transactions is very large. This change in the international trade structure has promoted the vigorous development of long-term export credit business in various countries.
According to the export credit gentleman agreement signed by the United States, the United Kingdom, France, Germany, Japan, Italy and other six developed industrial countries in Paris in 1975, the credit targets are divided into three levels: rich countries, middle-income countries and poor countries, with interest rates ranging from 8% to 7.25%.
Taking the Republic as an example, the interest rate for large ordinary commercial loans of more than five years is 7%, which is far inferior to the interest rate of 8%-7.25% for export credit.
Generally speaking, large-scale credit and micro-loans are completely different. The interest rate of micro-loans is as high as more than 15%. As long as the company has excellent qualifications, banks generally take the initiative to ask for corporate loans. A considerable part of the funds active in private usury in the Republic in later generations were released by some high-quality state-owned enterprises through gray channels after receiving low-interest loans from banks.
For example, the Bac1-11 passenger aircraft production line that Qilian Mountains is preparing to package in Romania. Romania was transferred to Romania by export credit with the support of the Royal Bank of Scotland. Otherwise, based on the national accumulation in Romania in the 1970s, there would be no large amount of cash to execute a contract worth billions of dollars.
In medium-term, in long-term export credit, interest subsidies or low-interest loans endorsed by the governments of developed countries have become popular among the eyes of backward countries around the world. Generally speaking, such good things often fall on the former colonies of developed countries. Liang Yuan is now planning to take advantage of the fire and get a piece of the pie for Yuanjia here.
In Western countries, government money is taxpayers' money, and earning taxpayers' money has always been the favorite thing capitalists have. If Deutsche Bank can promote Yuanjia to obtain federal German export credit, in addition to obtaining generous interest every year during the contract period, the handling fee for loan funds alone will be as high as nearly 10 million US dollars.
Faced with common interests, Deutsche Bank quickly colluded with Yuanjia and colluded with each other.
With Deutsche Bank's position in the Federal Republic of Germany, although it is not a matter of vain to promote such things, there is no big resistance. For special loans such as export credit, borrowers generally have to spend money on enterprises in lenders' countries.
In other words, once Yuanjia's export credit is approved, relevant industrial enterprises in the Federal Republic of Germany will face a fat order of US$600 million. Therefore, when it comes to promoting Yuanjia's interest-free export credit, Deutsche Bank is by no means fighting alone, so it can be said that it has countless teammates.
The reason why Yuanjia held a large-scale executive meeting this time was to study how to spend the upcoming $600 million interest-free loan.
After hearing Liu Wenyue’s details of the matter, everyone suddenly realized that no wonder the big boss, who has always been known for his laziness, appeared in public. If Liang Yuan was not in charge of the budget sharing matter of various departments, even if the meeting was held until the end of the year, he would probably not be able to come up with any resolutions that could be implemented.
"Young Master said that it is rare for us to be pulled out as cannon fodder, and we must be worthy of our own value. Think carefully about what our company still lacks. It is rare for the young master to be so cheerful and generous. Don't miss the bosses here." Liu Wenyue said with a smile.
Without hiding the inside story, Liu Wenyue clearly pointed out the internal reasons for Yuan Jia's cooperation with the Federal Republic of Germany this time. Of course, how much you can understand and whether you can guess the truth depends on your talent.
After announcing that the meeting had entered the free discussion time, Liu Wenyue happily went down the short stairs. After realizing that his position was occupied by Liang Yuan, he ran to Liang Haiping to share a set of double sofas with Liang Haiping.
After more than five minutes, there was still a slightest sound in the conference room. Everyone was still digesting the news released by Liu Wenyue. Although the room was full of elites, the news dropped by Liu Wenyue was too shocking. The interests, curiosity, and the current situation were mixed together like a mess. It was really not something that could be clarified in a short time.
Lin Jian sat on the sofa, his brain was running rapidly. For Lin Jian, the Federal Republic of Germany's $600 million export credit was not worth paying attention to. Lin Jian's attention was focused on the 600 million US dollars in cash obtained after Yuanjia sold 70% of Fengyuan Trade Co., Ltd.
I don’t know how Liang Yuan plans to arrange this amount. No matter whether Liang Yuan injects capital or saves, as long as Shenzhen Development Bank receives the 600 million US dollars of funds, Lin Jian has 100% confidence and completely tramples China Merchants Bank under his feet. Even if he is struggling with the four state-owned banks, which are currently in the prime of their lives, Lin Jian will be fearless. (To be continued...)
ps: I came back late yesterday, pay off my debt-_-!
Chapter completed!