Chapter 1245 Helpless Regret
The following information in the report made Feng Yiping feel a little relieved. It turned out that the brothers did not only look for him in the transfer of Delong shares.
Of course, what made him feel a little accomplished was that Delong only looked for him in China.
But at the same time, they were also in contact with many foreign consortiums. The information obtained showed that the most in-depth discussion was with the Thomson Consortium, which was the French consortium that frustrated TCL Group's internationalization strategy.
The intelligence department did a good job and actually found out that the conditions for the negotiation between Delong and Thomson were: 1 billion US dollars, 44% of the shares of Delong Group, and the funds would be in place within 6 to 8 months.
One of the important provisions was that half of the funds could be used to repay the current debts.
This was naturally not because Delong gave him too high conditions. On the contrary, the conditions given by the eldest brother of the Tang family were good enough, which was equivalent to telling him the bottom line before much discussion.
This also showed that they really couldn't afford to delay.
Knowing this also made Feng Yiping feel better.
If Delong only approached him, but he refused without hesitation, he would feel a little guilty. It's good now. He is not the only lifeline of Delong. Besides him, they have other options.
It's normal to think about it. Delong will not hang himself on a tree for such a major event related to his life and property. As for why they approached so many foreign financial groups, it's easy to understand now.
They must be very clear about the situation they are facing. Therefore, they approached foreign financial groups to intervene, so that some people would not be too ugly, or to remind them that they don't need to be too anxious now.
After all, if a well-known foreign financial group encounters any problems in domestic investment, it is directly related to our country's international investment environment.
In the face of such a major event that may be related to the country's international investment attraction, I believe those who are waiting should not be too excessive.
Feng Yiping is surprised that such a seemingly good way did not work later?
Admittedly, even if Thomson's $1 billion was used to pay off Delong's debts, it might not be enough. However, at this time, whether it was Thomson or Feng Yiping's investment in Delong, it was about money, but not only about money, and it had great symbolic significance.
When various experts in the newspapers were commenting on how many days Delong could last, suddenly, an internationally renowned consortium invested in Delong, which would definitely give confidence to many of Delong's users and creditors. With confidence, they would not demand repayment, and would not compete to withdraw the funds placed with Delong, and Delong might be able to recover.
But why did this thing fail in the end?
"You see," Feng Yiping handed the report to Jin Ling, and even pushed the small password box over.
In his vision, this intelligence room, which not many people knew about, would eventually evolve into a think tank. The first priority, of course, was to serve himself and Forex, but at the same time, it could also provide paid consulting services to other institutions.
Jin Ling took it over immediately. The Intelligence Office and Li Ruiyuan's investment company under the Frontier Magazine were the only two companies controlled by Feng Yiping himself. They only had the obligation to inform her, and would not report specifically.
So she looked at it carefully.
After looking at it for a while, she sighed, "This potash mine, it's true that you don't have to worry about it."
As long as it's about the mine, there is no simple thing.
Lop Nur Potash belongs to Bayingol Prefecture, and its actual business location is in Hami.
Mining the mine in Bayingol Prefecture, operating in Hami, and paying relevant taxes to Hami, the Bayingol government will definitely be unhappy. In order to have a win-win situation, Delong and the Bayingol government jointly established Bayingol Mining, and Bayingol Mining is the controlling shareholder.
When the project started, the capital of Lop Nur Potash Company was 70.25 million yuan, of which Bayingol Mining Investment Co., Ltd. invested 36 million yuan in cash and accounted for 51.25%, Hami Gold Mine invested 15 million yuan in cash and accounted for 21.35%, and Delong (Group) Co., Ltd. invested 7 million yuan in cash and accounted for 9.96%.
Such equity establishment is the result of balancing local interests.
So if Jiasheng wants to take over, it must first obtain the consent of the two local governments. Delong is in such a situation now, and the local government's voice will naturally increase.
Especially the current potash mine is not the barren land it was before. The production base has been completed, the entire process of potassium sulfate production has been opened and mature, and it has successfully trial-produced tens of thousands of tons. The remaining thing is to expand production capacity and supporting facilities.
The local government is not stupid. It is naturally impossible for it not to know that it has a golden baby in its arms. It is not so easy to pick peaches.
If Jiasheng takes over at this time, no matter how much it pays, it is estimated that it will inevitably take advantage of the fire and rob, and then it will be suspected of buying the country's high-quality minerals at a low price.
What's more, there is the Guotou that has always been coveting it.
"It's really speechless to say that Guotou is really speechless. They also took a fancy to it at the beginning, but Delong got it first," Jin Ling said with some regret.
"Whether it's early research or later decision-making, don't you know the efficiency of state-owned enterprises?"
"If people like the Tang brothers were allowed to manage state-owned enterprises, wouldn't there be more world-class companies?"
"It's not that simple. They work for themselves, so they work so hard. When they get to state-owned enterprises, no matter how much they earn or lose, it's not their own money. Will they work so hard like they do now?"
"I think it might not be as good as this group of people now,"
Jin Ling was silent for a while.
After all, she herself has experience working in state-owned enterprises.
Afterwards, she flipped through the pages quickly, and finally put the report together and stuffed it into the box with a snap. "You're right. They don't have to worry about their financial companies. We don't have such a climate in China."
The information mentioned in the report shows that, not to mention that Delong’s application to establish an auto finance company was not approved by the China Securities Regulatory Commission, and a red light was raised on its holding plan for a trust company in Nanjing. Since the spring of 2002, they have indirectly acquired a certain trust company. After the commercial bank, the relevant departments immediately decided that any funds in or out of Delong's account or accounts related to it exceeding 1 million yuan must be registered with the People's Bank of China.
When doing this, don't mention the company's trade secrets or privacy. To put it bluntly, this is the treatment of a suspect.
Not to mention that during the SARS period, the China Banking Regulatory Commission, China Securities Regulatory Commission and the Ministry of Finance formed a joint investigation team to investigate Delong with great fanfare...
Also, in the past few years, Delong has been a key monitoring target of the China Securities Regulatory Commission. Every year, more than 30 auditors take turns to attack, and the final relevant reports issued each year are more than 1,500 pages.
This seems to indicate that the management of China Securities has been silently fulfilling its duties, but the strange thing is why so many violations of Delong have not been stopped?
If regulators fail to correct relevant mistakes in an effective and timely manner, they will not be able to prompt these illegal institutions to use proper methods to reverse their poor management. Instead, they will be made to think that these improper methods are okay, and then greater risks may naturally arise.
The problem of Delong's illegal operation did not appear suddenly. In fact, it has always existed. If the relevant departments can take control measures earlier during the supervision process, even if they are forced and passive, Delong's problems will not accumulate. Even if his condition was so serious, he would not be in the situation he is today.
Why didn't they speak out before, even after they clearly understood the relevant situation?
Jin Ling didn't bother to think about the joints involved.
"So, give them a reply now?" Jin Ling still glanced at the report with some regret. He didn't know whether it was because he felt sorry for Delong or because he didn't have such an opportunity.
"Reply, let them write carefully and write a few more sentences, and you will check it," Feng Yiping said while looking out the window.
"This may not be a good year," he seemed to be saying to himself.
This year should not be a good year for private entrepreneurs. With Delong's incident at the forefront, and the discussion about original sin continuing, it seems that this year, the advancement of the state and the retreat of the private sector will be a certain major trend.
"What did you say?" Jin Ling asked.
"Nothing. By the way, our think tank will provide them with a practical plan under the current situation for free for their reference,"
This can be considered as doing your part.
"Don't worry about the content of the plan. I will send the relevant outline to the intelligence room,"
"Also, are you sure you don't want to go to the beach with me to bask in the sun?"