"Fortunately, I have some cooperative relations with Japanese companies, so I contacted them and temporarily negotiated a loan of US$300 million. Only then can the acquisition be completed, so you need to follow up more on the subsequent matters and complete the acquisition as soon as possible. I’m relieved.”
Although Li Xiucheng said it lightly, Liao Cangming knew that it was definitely not that simple. It is not easy to get a large loan worth hundreds of millions of dollars, and there is no telling what heavy price Li Xiucheng paid.
He responded in a deep voice: "Okay, I understand."
In fact, Li Xiucheng's words were true or false. The loan was a loan with a repayment period of up to seven years, but it was not for the purpose of acquiring a bank. Instead, he requested that the money be converted into Japanese yen, and he had already prepared the money for the bank acquisition through Jinxiu Electronics.
The reason for the loan was actually to use it as an excuse to get a large amount of yen.
And he also paid a considerable price to get the loan, one of which was the high interest rate of up to 10% of the loan amount every year!
Normally, the interest rate on a loan worth hundreds of millions is usually around 7%.
But even if he has found a middleman, the Hitachi Group, to build relationships as a guarantee, he still has to pay more.
Of course, he is not a fool and cannot work in vain. In order to get a loan quickly, he also provided a tap of 10 million Hong Kong dollars to Hitachi Group.
At the same time, the collateral must naturally be indispensable. He had already mortgaged the Jinxiu Group before, so it was naturally impossible to use it again. After some negotiation, the unobtained shares of Hengxin Bank became the collateral.
Of course, the contract also stipulated that if the acquisition failed, he would not be able to get the loan.
Fortunately, Li Xiucheng had made preparations for the exchange of Hong Kong dollars from the acquisition bank through the Shekou Industrial Zone, and he could easily withdraw HK$500 million within a month.
Then just wait for the process to complete.
He did not withdraw those yen from Japan, but invested in Japan at the bottom.
Now Japan's real estate bubble is bursting, and as real estate prices begin to decline, Japan's economy will suffer a severe setback, but at this time the Japanese people have not realized the seriousness of the matter.
Still trying to save the situation.
But the big stick of American fathers is very powerful. Under their control, the yen will continue to appreciate until the middle of 1995, and the increase will exceed 100%.
So in fact, it seems that the loan interest is high, but with the forced appreciation of the yen every year, this gap is not only smoothed out, but there will eventually be a surplus.
The result is that no matter how hard Japan tries, the wealth created is plundered by the American father in this barbaric way.
Of course, Li Xiucheng has no plans to make a fortune from it for the time being, and the loan he received is not for financial bargain hunting, but to invest in several key Japanese companies.
And these companies are related to the future development of Jinxiu Group!
Of course, Li Xiucheng couldn't tell Liao Cangming these inside stories. He felt that only by letting Liao Cangming feel pressured by the loan matter could he manage the bank better.
The two then chatted about some bank management issues, and they stopped talking until Zhao Yimo and Zhao Xueyao appeared at the entrance of the terrace arm in arm.
It was almost time. Li Xiucheng took everyone into the hall to greet everyone, and then went on stage to speak with Zhuo Zhuo.
"Hello everyone, I am Li Xiucheng, the president of Jinyi Entertainment."
As the microphone sounded, the hall gradually became quiet, and everyone turned their attention to Li Xiucheng.
“Jinyi Entertainment has just started, and the movie Exorcist Police is a trial for the new company.
Although it is only a low-budget film, fortunately, the box office has reached two million in its first week, and it seems that it has been successful so far. "
Compared with the previous life, this time "Exorcist Police" has more laughs, more weird and supernatural elements, and is more attractive, so the box office performance is quite good.
The crowd also gave warm applause.
When the applause stopped, Li Xiucheng continued: "Of course, compared to the success of the movie, I am more happy that Jinyi Entertainment is now on the right track. This cannot be achieved without everyone's support. I hope that in the future We have more opportunities for cooperation.”
Bang bang bang~
Amid applause, Li Xiucheng walked off the stage and found Gu Qiucheng in the crowd.
"Congratulations, Mr. Li!" Gu Qiucheng raised the red wine in his hand and gestured to Li Xiucheng.
"I would like to express my special thanks to Mr. Gu for his help!" Li Xiucheng said with a smile: "Without Mr. Gu lending people and equipment, the movie would not have been completed so quickly."
"It's ridiculous to say this. After all, we are in the same camp. Only when Jinyi becomes stronger can we have more cooperation." Gu Qiucheng said pointedly.
Of course Li Xiucheng understood what he meant, and smiled: "Of course, I have always believed that running a business must be socially responsible. It is our duty at Jinyi to do things that are beneficial to our country."
"Okay, okay, I saw you right." Gu Qiucheng said with great satisfaction.
Next, Li Xiucheng went to chat with Xiang Qiangsheng for a few words, and then everyone ate, drank, chatted and built relationships, so nothing happened to him.
After staying for an hour, he felt bored and found Zhao Xueyao and Zhao Yimo.
"Do you want to continue playing or go back with me first?"
"Play!"
"go back!"
The two spoke at the same time but said completely opposite things, and then looked at each other, Zhao Yimo was instantly frightened.
"Okay, okay, just go back!"
On the way back, Zhao Xueyao asked about the acquisition.
Li Xiucheng answered truthfully, which shocked the two women.
"1.4 billion? Oh my God!" Zhao Yimo pointed his fingers and said with dull eyes: "So many small coins!"
"Yes!" Zhao Xueyao performed much better and looked at Li Xiucheng with envy: "It's often hundreds of millions or tens of millions. Your business is getting bigger and bigger. When can I catch up?
Hey, people really have to throw away more than others! "
"Let's do it step by step!" Li Xiucheng glanced at her and said with a smile: "With your talent, if you really open your own company, as long as you identify an industry and work hard to develop it, you will definitely be able to start it soon. Be careful and you will become a giant."
"Then let me lend you some good advice. I will definitely support you when the time comes!"
"Thank you in advance."
"Bah! You two are so shameless, let's just talk about each other's business here." Zhao Yimo couldn't listen anymore and interrupted the two of them with a mumble.
"Haha!" Li Xiucheng also found it funny and asked, "What about you? How is your plan to buy a house?"
"I have spent all my savings! I bought a total of four villas and a first-floor apartment. Unfortunately, I have no money, otherwise I would have bought all the buildings." Zhao Yimo said enthusiastically: "I feel Buying a property and being a landlord is quite interesting, it actually feels a bit addictive!"
"It doesn't matter. You can't run away from the building anyway. Just wait until you have money and come back."