Of course, Ji Donglai was very disgusted when he thought of Martin, especially when he thought that if this thing was placed next to him, he would feel his liver tremble every day. I really don't know how Big Buick could bear to keep such a pig beside him.
Arrogant and incompetent, making decisions by patting his head, only looking for trouble. If this kind of person is around, Ji Donglai can buy a gun and commit suicide.
"corporate debt?"
Dabike felt a little confused when he heard the new word Ji Donglai. When he asked Martin, the other person shook his head directly. He had never heard of this word. The usual help he gave to his brother-in-law was that the other party ran in broken shoes and did not squeak with his sister. The rest was just a mess. A pure pig with big eyes.
"It's actually very simple. I issue corporate debt through our bank in China, and then you use marks to purchase it. I use these marks to do other business, exchange them for goods, and then I can help you solve the problem. Problem, you can also earn interest on corporate bonds in the meantime.”.
"In this transaction, you will get double-level profits. This is rarely found in your place. I'm not afraid of you making a joke. If it weren't for the purpose of attracting this big customer of yours, I should terminate our relationship now. Cooperation."
"The whole world is now using U.S. dollars for transactions. If you insist on paying me marks, the banks in our country may not be able to accept it. Aren't you kidding me? Really, we have to carry marks ourselves. If the bank doesn't have We don’t dare to accept the relationship.”
In order to reach this deal, Ji Donglai kept adding salt to Da Buick's wounds.
In the previous stage, Ji Donglai was discussing this matter with Zhao Shuying and Yuan Dingcheng. In fact, we are also learning from the practices of Japanese companies. Almost all large multinational companies in other countries issue corporate bonds. From national bonds to corporate bonds, a positive cycle has now been formed.
The other party's multinational company issues corporate bonds or national bonds, and then mortgages these debts to certain institutions, such as the Thai baht. The Thai baht then gives this money to companies, which are used by these companies to invest in their own countries and maintain the normal operation of the companies.
In this way, the Thai baht is not only tied to these Japanese multinational companies, but also tied to the Japanese yen, making this foreign currency very stable, and allowing large foreign companies to obtain large investments, which directly alleviates the The financial pressure on these multinational enterprises.
Now South Korea is also learning this model, and very few companies in the country adopt this kind of fund approach.
It is precisely because of this innovative model that Japanese and Korean companies have been able to expand rapidly in many countries around the world. However, except for state-owned enterprises, the vast majority of Chinese companies still use traditional financing methods without exception.
The cost of obtaining funds through such financing is several times that of corporate debt models such as those in Japan and South Korea. Fundamentally, your costs are much higher than others, and you have to compete with others. Your profits can only become as thin as snow flakes, and in the end you can only Reduce costs by squeezing out intermediate links.
In terms of employees' wages and suppliers' prices and profits, Chinese private enterprises have always been inferior to foreigners in these aspects. The final result is that a large number of high-end talents in China choose to work in foreign companies. This cannot be entirely blamed on these people's admiration for foreign countries.
Ji Donglai now has several funds abroad, and how to invest them legally is a big problem. Ji Donglai consulted Hideaki Koyanagi, and the other party gave him this model.
Today I met Mark from Buick, and Ji Dong came to learn how to use it, which was perfect for practicing.
Dabuick did not express any objection and hung up the phone and began to consult with its think tank. One day later, Dabuick's people began to ask for Ji Donglai's financial statements.
On the one hand, Zhao Shuying began to provide, and on the other hand, he began to discuss with Cui Mingyan's uncle to issue corporate bonds. Now Ji Donglai's company has sufficient qualifications, scale and efficiency and profit points.
The only difference is a little formality, and the interest rate on corporate bonds is much lower than that on bank loans, and the companies can even set it themselves.
As for the bank, it only plays the role of a guarantor and intermediary in the middle. The entire intermediary fee including interest is not worth half of the interest on the bank loan.
To be on the safe side, Big Buick personally came to the country and gathered a group of people including Youdusi, Abbas, and Little Buick, as well as some so-called Chinese friends.
Regarding financing, Dabuick is very cautious.
The conference table in the hotel was filled with various information about Ji Donglai's new company, including Ji Donglai's recent cooperation with Canada, Jingkai Chemical's cooperation projects, and new projects for the elevator factory.
Especially in Ji Donglai's elevator parts factory. Recently, Jerry entered a new elevator company and threw Ji Donglai a package of drawings and almost the entire model.
Now Ji Donglai's elevator construction team has penetrated all over Hebei and is expanding towards the upper and lower reaches of the Yellow River.
"Abbas, you know Ji Donglai best, what are your thoughts on this matter?"
After reading all the information, Dabuike turned his attention to Abbas. Now Abbas can speak Chinese very well, and he is the hardest working person among them.
"I think it's good. If Mr. Big Buick can buy some for me, there are restrictions on the qualifications to buy their corporate bonds, and it requires a large amount of funds. I will buy some first. I think if I can, these things can also be used as collateral. Help us preserve value.”
"I have seen our classmates take corporate bonds from certain companies. Those loan companies recognize these debts. If we use money, we can take these debts to their banks as collateral. Even the banks recognize them, which equals our funds. It is not occupied and is more stable than taking shares in certain companies.”
"The company in Jidonglai is still in the development stage, and its profit points have been limited in the past few years. Even if you get the equity, the income you get is very limited. It is better to choose this way of stable income to benefit."
"In a few years, Ji Donglai's business will be able to scale up and make stable profits. We will use corporate bonds to convert debt, and this part of the money will be able to smoothly turn into more stable income for our company."
"Of course, if we don't do this, we can still rely on our help to Ji Donglai at this time to make the other party appreciate us and gain more in-depth cooperation in the future."
Speaking of corporate bonds, Abbas took a sip of water and told everything he knew.
The current domestic financing environment is like this. Some large-scale companies choose to make loans, and some people who are good at playing capital choose to issue corporate debt.
Especially those companies with good credit are also very recognized in the country.
Even the corporate bonds of some companies can be sold as collateral in the market, and there are small companies operating this kind of debt market around the capital.
