Chapter 85 The first person in debt restructuring
Qinbe Xi'an Company borrowed money from Xi'an municipal banks, but this plan must be reported to provincial banks and head offices.
Thanks to Jiang Yuanping's relationship, the head office will not be stuck with Qin Beer, but provincial banks need Qin Dong to do their work one by one.
"Mr. Qin, this plan is very motivated," said Miao, President of the Shaanxi Branch of Industrial and Commercial Bank of China, who appreciated the plan. "Once the company goes bankrupt, the debt will die, and the bank will pay the principal and interest."
"But what I want to ask is, shouldn't this be a bad debt of the company? Why has it become a bad debt of the bank?"
"It's all the same," Qin Dong smiled sincerely, "If I report the company's bad debts, the superiors will not approve it."
"So you changed the statement. As long as we agree, the superiors will agree?" President Miao felt more and more interesting that the young man in front of him was very interesting. Qin Beer, a century-old company, was the first company listed on the Hong Kong stock market, and the vice chairman was so young.
"That's what it means, it can be regarded as saving the country on a curve, but our goals are the same, and it is not that we will not let the creditor die. If we want to win, we will win together, win with each other!"
"Okay, I agree," President Miao was very pleased, "Young people are so smart, I'll sign..."
The four creditor units finally signed without exception, and each head office also approved it, but they also had to coordinate with the National Economic and Trade Commission and the Economic and Trade Commission, and finally the People's Bank of China head office approved this plan.
The work needs to be done step by step. Yi Jin is helping with the work on the Sports Reform Commission. Director Cao and Director Teng both have a good impression of Qin Dong. After a meal, they turn their debts into bank debts, and their minds turn faster than bearings!
The People's Bank of China headquarters did not revise it, and the plan was finally reported to the major leaders. The National Sports Reform Commission did not change a word on Qin Dong's plan, with only four words on it: It is worth a pilot.
"Guosheng, please stay." At the end of a meeting, the leader of the great leader called Yu Guosheng, the new minister.
Yu Guosheng walked to the major leader with a smile, and the major leader handed him the plan for the National Committee for the Reform Commission, "They told me that you can carry out a pilot project and debt restructuring. You Qinwan, a young man, proposed this concept. This is the first time in the country!"
Qin Dong?
Yu Guosheng laughed and looked through the plan in his hand. He did not expect that in just two months, Qin Dong not only proposed the plan, but also signed the National Committee for the Reform Commission and the People's Bank of China head office, and directly reported to the leader.
"Debt restructuring is also a form of capital operation..." Yu Guosheng laughed.
"Reorganization, reorganization, grouping, the bank's interest is gone, he has gained a big advantage," the leader looked serious, but his tone is relaxed, "Look, look, it was originally a bad debt of the company, but now it has become a bad debt of the bank. I don't know how much effort he has put in, and has mobilized the four banks and the People's Bank of China..."
Yu Guosheng also laughed. The work here is not a matter of just a few words.
But this young man had a very clear idea. He knew that if he could make a bad debt in the company, he would definitely not be able to pass it, and if he made a bad debt, he would pass it.
"This is our youngest chairman, youngest general manager, and the youngest deputy department-level cadre..."
The leader doesn't praise people easily, but he always praises Qin Dong very much.
"In this way, I think it is confirmed that Xi'an and Ningbo are pilot cities for debt restructuring. Qinbe Xi'an Company's approach can be promoted nationwide if it is successful."
Yu Guosheng laughed, this is another typical example in the country!
Most importantly, Qin Dong once again entered the vision of a major leader, which is of great significance to his future progress.
Yu Guosheng walked out with a smile, and before he could return to the ministry, he ordered the secretary, "Let Qin Dong come to my office."
Qin Dong?
The secretary was stunned. Who is Qin Dong? But Yu Guosheng had already hung up the phone, so he couldn't ask again.
But after thinking about it, there was no department-level cadre called Qin Dong, even department-level cadre. There was no way, so he had to find Yu Guosheng's secretary when he was in Qinwan.
"Qin Dianzi," the other party was very relaxed, but when he heard that Yu Guosheng was looking for Qin Dong, his attitude changed immediately. "You don't know. On the day Secretary Yu left Qin Wan, he specially called Qin Dong to the front and asked for work. Now he asked Qin Dong to come to his office again. I will notify Qin Dong immediately."
"This Qin Dong is in Qinwan?" The secretary in the department felt incredible.
"Yes, Qin Beer's vice chairman." The other party said immediately, "very famous."
The secretary of the department finally remembered that one year, a young general manager went in and out of the White House. Could it be this Qin Dong?
Qin Dong soon arrived in Beijing again, and Yu Guosheng was still Secretary Yu. Seeing Qin Dong was like seeing his family, without any barriers.
"Qin Dong, what did you think? Turning the bad debts of a company into bad debts of a bank," it is actually one thing, but the effects are very different. Yu Guosheng laughed and said, "How did you think of it?"
"Minister Yu forced it out." Qin Dong replied with a smile, "I have no choice..."
"You can't do it yet?" Yu Guosheng laughed again. Qin Wan's old friend, a young talent, and his instructions before leaving made him happy. "Okay, I heard the news, and it can be solved before New Year's Day. You Qin Beer can finally get on the battlefield with light."
As long as the interest is not allowed, the company will repay the bank's principal within five years, and the company can stop bleeding and get a chance to breathe.
"You Qin Dong is amazing. Yesterday, the leaders asked you about you," Yu Guosheng said. "Your practice of clearing corporate non-performing assets through capital operations is the first case in the history of Chinese enterprises."
"That's what the leader said?" Qin Dong was very excited.
"That's it. Qin Beer will also become a national pilot unit for dealing with bank non-performing assets. I also heard that Asia Pacific Bank is very concerned about your case and will promote it as a typical case of debt restructuring..."
Yu Guosheng looked at him with a smile, "You are famous, famous in the Chinese business world, and famous in the foreign banking world."
"People are afraid of being famous and pigs are afraid of being strong." Qin Dong smiled "shy", "I'd better keep a low profile."
"Do you still know how to keep a low profile?" Yu Guosheng looked surprised, "Forget it, tell me, what do you want to pay for the 150 million yuan?"
"Didn't you say that?" Qin Dong asked with a smile.
"When did I say it?" Yu Guosheng wondered. When he entered the office from Qin Dong, this was the first time he talked about the 150 million yuan loan principal.
"Capital operation." Qin Dong smiled, "We plan to issue bonds, and major banks can buy our bonds. In this way, we tied them to a chariot and became a family, and the bonds can offset the loan..."
Yu Guosheng heard and heard it seriously and could understand it.
"You are really planning to the core." He nodded and shook his head again, "It's said that the people in the bank can calculate, but it's not OK in front of you, Qin Dong..."
Qin Dong smiled. Who else would be there except Qin Dianzi?
Answer: None!
Chapter completed!