Mou Dazhong insisted on going his own way. On September 6, 1995, Nande Commercial Satellite Company in Beijing invested US$12.5 million and cooperated with the Russian Aerospace Information Corporation to successfully launch the "Heading 2" satellite.
Xia Zhongqiong, who was responsible for fabricating the import goods agreement for the Nande Group, was frightened. She believed that her husband's radical diversified business model had serious problems and was surrounded by crises. Once the capital chain was broken, the Nande Group would be in dire straits. The letter of credit incident was exposed, and... Without a huge loan, there is a possibility of going to jail, but the husband did not listen to the advice. After many quarrels, the two quietly agreed to divorce to avoid losing morale. They stayed in the company for the time being and took their son to settle in the United States next year.
Baodao Zhudong Company also experienced sudden business changes and went bankrupt. Nande Satellite Operation Company had to shut down the transponder of the "Hangxiang 1" satellite Zhongzhudong Company, and the rent of US$1 million became a bad debt.
A US$25 million letter of credit financing loan from Bank of China e-branch is about to expire!
Mou Dazhong suddenly realized the seriousness of the problem.
In November, at the headquarters of Nande Group in Beijing, Mou Dazhong, on behalf of Nande Group, signed an agreement with three parties including International Satellite Organization and Roscosmos to jointly operate the "Heading 1" and "Heading 2" satellites and lease them to Russia. The bridge is operated by the bridge company, with an annual rent of US$12 million.
Nande Group owns 42% of the equity of the "Heading 2" satellite and can receive an annual income of US$1.5 million.
Far water cannot quench near thirst!
It is well known in the industry that Taobao Holdings Company has become the largest shareholder of Minshen Bank. Mou Dazhong has learned from Sun Jian’s shrewdness. Although Nande Company was short of funds, for the sake of loans, he still invested 20 million yuan in Minshen Bank as a founder shareholder. Bank, attended the founding meeting, and also wanted to meet Sun Jian and seek help.
"I believe in Mr. Mou's vision. Taobao Holdings has agreed to fully take over Jingcheng Nande Commercial Satellite Company and Jingcheng Nande Satellite Operation Company at a price of US$25 million. I hope that Nande Group will overcome its financial difficulties as soon as possible!"
Sun Jian looked through the asset evaluation reports of Jingcheng Nande Commercial Satellite Company and Jingcheng Nande Satellite Operation Company. Satellites generally only have a lifespan of about ten years in orbit. The investment prospects and income valuations are too high, and the water content is not small. But satellites The framework for launch and operation has been set up, and the talent team is also an intangible asset. Mou Dazhong did not pay a high price.
On the Nasdaq market, which implements a comprehensive registration system, there are many network technology stock companies with serious losses and premiums of dozens of times. These companies have chosen the right track.
Sun Jian, who is familiar with domestic laws and regulations, currently does not allow private companies to enter the satellite launch, satellite broadcasting, and live TV business. He does not know when he will be allowed to do so.
The domestic satellite broadcasting market, which has the largest population base and the largest number of television sets in the world, has not given Beijing Nande Satellite Operation Company a chance.
Mou Dazhong, who has gone all the way, chose the wrong track from the beginning!
In his previous life, Sun Jian read the report "The whole story of Mou Dazhong's letter of credit fraud" on the Internet. The Nande Group fabricated an import goods agreement and borrowed a loan of more than 50 million US dollars from the e-branch of the Bank of China in the name of a letter of credit. In the end, the loan amount was 3,500 US dollars. The loan of tens of thousands of dollars could not be repaid, and the civil dispute turned into an x incident...
Mou Dazhong was restricted from leaving the country, and changes occurred in the satellite equity transfer, causing Nande Group to lose more than 100 million yuan.
Mou Dazhong was suddenly arrested, and the Rand Corporation was devastated. The company's assets were auctioned off at a low price to repay debts, and the trees fell and the hozens were scattered...
People who sympathized with Mou Dazhong in his previous life have been imagining that someone wants to punish him. If he were not in jail, the world's richest man would be born in China!
"Nothing is impossible, only imaginable" is printed on Mou Dazhong's business card!
There is no great thing in the world that Mou Dazhong cannot accomplish!
The Nande Group has a hammer in the east and a stick in the west. Its investments are too aggressive and its stalls are too big, causing financial constraints. It has to walk a legal tightrope and borrow money in violation of regulations. It is reported by insiders with real names. The letter of credit incident is exposed. Nande Group is listed on the list. It was blacklisted by the bank, demolishing the east wall to pay for the west wall, and encountered the Asian financial turmoil of 1997 and the Asian financial crisis of 1998, which caused the Nande Group's capital chain to break, and the loan of up to 35 million US dollars was overdue. He caused heavy losses to state-owned assets and was taken to court by the bank and sentenced to life imprisonment...
The Nande Group and Mou Dazhong are now also important members of the Federation of Workers' Federation. The richest Chinese man is now the deputy leader of the Federation of Workers' Federation. He often meets with economic leaders and knows that Mou Dazhong used all the 10 square kilometers of land sold for mortgage loans, but he does not Do you know whether Nande Group has invested in purchasing the 30-year use rights of these 10 square kilometers of land?
According to current laws, you can get a mortgage with a land certificate!
The canned goods were exchanged for airplanes, and the white wolf with empty hands succeeded, benefiting the country and the people, and everyone was happy!
Mou Dazhong dares to think and act. As long as the other party comes to ask for help, as long as the problem can be solved with money, Sun Jian will help by purchasing assets at market prices. Let's see how far the other party can go? But he will not take shares in the Nande Group, let alone make any comments.
"Thank you, Mr. Sun. The satellite business has great prospects. If Mr. Sun invests, it will definitely succeed!"
Sun Jian, who was more than 20 years younger than him, agreed without hesitation without bargaining. Mou Dazhong's nose suddenly felt sore.
The richest man in China believes in his own vision!
Outsiders only see Mou Dazhong in front of the screen. Few people know that he only uses 10% of his energy and wisdom to run his business, and 90% of his energy and time to cope with the pressure of the surrounding business environment.
"Mr. Sun, this is the long-term plan for satellite launch and operation formulated by Jingcheng Nande Commercial Satellite Company and Jingcheng Nande Satellite Operation Company. In the future, 88 low-orbit satellites will be launched, consisting of many stratospheric aircraft and ground service stations. Covered up, the wireless network covers any point within 85 degrees north and south of the world, targeting television broadcasts and mobile phone communications. Once completed, the market prospects are broad."
Mou Dazhong reluctantly took out a "Symmetry Plan" from his briefcase. The total investment exceeded 10 billion yuan. Except for the richest man in China, domestic private enterprises were unable to afford such a huge investment plan.
"Mr. Mou, I have agreed to the invitation of Mayor Wang of Chengdu. I will go to Chengdu with Mr. Liu tomorrow to inspect the investment environment. Please ask Mr. Mou to send someone to contact the relevant personnel of the International Satellite Organization and the Russian Aerospace Information Corporation to come to the capital and wait for me for ten days. At about the same time, we will sign a formal agreement with Mr. Mou on the transfer of the two companies and pay a transfer fee of US$25 million."
Sun Jian took over the "Symmetry Plan", roughly reviewed it, and used the reduced medium-range missiles of the former Soviet Union as carriers to launch 88 low-orbit communication satellites...
If you have a flexible mind and dare to think and act, your capital chain will break sooner or later!
The transmission of satellite, television, radio and network communications is strictly controlled in China, and Mou Dazhong's "Symmetry Plan" has no domestic market.
"Okay, Mr. Sun!"
Mou Dazhong breathed a sigh of relief.
