Chapter 2945 The End

When the peach blossoms bloomed, many people in the provincial capital knew that the once prosperous Dongcheng Group was probably on its last legs.

The instigation of the matter comes from the fact that Dongcheng Airlines, the most dazzling company of Dongcheng Group, will be acquired by Air China.

At the beginning, well-informed people in the provincial capital knew that Air China had a team of more than 60 people. Since the end of February, they had been living in a guest house in the High-tech Zone to handle mergers and acquisitions.

At the beginning of March, many people knew that with the support and active intervention of the government, an agreement of intent to acquire Dongcheng Airlines had been signed. The next thing is known to the public. In mid-March, during the two sessions, Provincial leaders and Air China signed a very high-profile framework agreement to build the provincial capital into an aviation hub.

In this regard, the public interpretation is that in addition to the provincial capital wanting to be called the central aviation hub, Air China also hopes that the local government will ensure that it will still provide corresponding support to the reorganized Dongcheng Airlines.

At that time, although Dongcheng's reputation in the province had not been very good for a long time, and in the real estate field, it had already become a bad reputation on the streets, but out of the regional mentality, everyone could not help but feel a little sad.

Once upon a time, Dongcheng Airlines was also a dazzling company in the province. Although everyone dismissed the relevant hype as "the most successful and promising private company in the province", you put Yiping's Jiasheng Group on the list. where?

But they are still a little proud of it. In recent years, among the many private airlines, only Dongcheng is the most popular and successful. Even so, it can be regarded as one of the local star companies after Mr. Feng's Jiasheng.

Nowadays, such a star company is about to be sold, and the elders still feel a little uncomfortable.

In the years after the reform and opening up, many companies in the province have become famous for a while. Unfortunately, most of them ended up like meteors, quickly falling from the sky to below the horizon.

Speaking of which, those companies under Mr. Feng Jiasheng Group are still shining brightly.

Looking at the news about companies that were heard in other places many years ago and can still be heard now, many people feel a sense of overall disappointment. After all, is our place still not as good as those in coastal city circles?

Of course, many people were very happy when they heard that Dongcheng Airlines was going to be reorganized by Air China.

The employees of Dongcheng Airlines are of course very happy. With Air China taking over, they can finally settle down and don't have to worry about this fancy thing falling down one day and not even being able to get their back wages.

What's worse is that from now on, we no longer have to worry about the messy flight team making any mistakes, leading to safety accidents, and being scolded by people across the country.

Those people who were sold more than one house in Dongcheng Building are naturally happy at this time. That's how it should be. I hope that your real estate company will also sell themselves next - what they don't know is that Dongcheng Building will also be sold out at this time. Legally changing owners.

Those construction companies that Dongcheng has been owed for construction payments, migrant workers who have been deprived of several months of wages, building materials suppliers who have always had their debts forgiven and exempted for no reason by Dongcheng... and all Dongcheng's creditors, of course, at this time Unavoidably a little happy.

It would be unreasonable for such a notorious company to grow and for such a person with no bottom line to have a rapid increase in wealth.

But more people who have not had direct contact with Dongcheng Airlines, while some feel sorry for Dongcheng Airlines, are hotly discussing another thing. I heard that after selling Dongcheng Airlines, Liu Jizhong will get 2.5 100 million!

Although such a number always reminds people of two hundred and five, but as long as you think about it, it is a million and two hundred and five, and everyone will still be amazed...

But why did things suddenly take a turn for the worse?

Because, the latest news is that people from Air China have returned home, and Liu Jizhong, who has received at least one million 250 generals, heard that something went wrong, and people from the Public Security Bureau are now following him when he goes out.

what on earth is it?

As more news came, including investigation teams stationed in various companies in Dongcheng, the situation became clearer.

The boss seems to be on the verge of joining, and every company seems to be in trouble. How can this Dongcheng get better?

Even people who have never even set up a small stall know in their hearts that as long as the top takes serious action, none of Liu Jizhong's companies will be able to escape.

At least, tax evasion is inevitable.

Thinking of the millions of two hundred and five, many people felt a little happy at this moment...

…………

At the Jiasheng Building in the provincial capital, Mei Yiliang warmly shook hands with Vice Mayor Sun at the elevator entrance, "Warm welcome, warm welcome,"

Mayor Sun, who has become the executive deputy, held Mei Yiliang's hand, looked at the tense and orderly office scene here, and said with some emotion, "Mr. Mei, as long as I come to your place, I will see these young people working hard and down-to-earth. People can always cheer people up,"

"The leader deserves the award," Mei Yiliang personally brought him a cup of tea, "but you can't ignore a middle-aged man like me. It's not just a sign of merit, I work very hard."

Mayor Sun laughed, "Of course, who doesn't know that we, Mr. Mei, are the great contributors to the efficient operation of Jiasheng?"

"By the way, your two children have not seen each other for a long time. How are they doing now?"

Mei Yiliang pointed at him and laughed, "I knew that on those days when new year's money was given out, you would never ask about them,"

Mayor Sun is also a bachelor. "It's not that I don't want to, but the point is, how can I have the nerve to give it to them? Oh, you can just pack it up, which is at least five digits. I can't live well. I can pack a thousand at most, and then they say , 'Oh, Uncle Sun is so stingy! '"

"I have to save face in front of the children!"

Mei Yiliang immediately retorted, "Don't worry, if you give one thousand, they will never say you are stingy, they will definitely say you are the most generous."

"Then how dare I take it? Aren't I even inferior to Mr. Feng?"

The two of them drank tea and talked about these useless words for several minutes.

But many times, friendship is expressed in these useless words, or in other words, friendship is pulled out in this way.

When it was time to refill the cup, Mei Yiliang still said, "Mayor, how come you still have time to come to my place at this time?"

He knew that Mayor Sun was the person in charge of participating in the reorganization of Dongcheng Airlines on behalf of the government.

This is not only because Air China, which hopes to reorganize Dongcheng Airlines, is a state-owned enterprise. When state-owned enterprises do such things, for the sake of safety, they usually require the direct intervention of local governments, that is, the entry of local state-owned assets.

It was also because he already knew that during the Olympics, considering the safety risks of airlines and the reputational impact on the city's investment environment, the city considered the overall situation and coordinated their debts with the Civil Aviation Administration of China for Dongcheng Airlines, helping Dongcheng Airlines. They raised nearly 100 million yuan and paid back the civil aviation construction fund they owed to the General Administration.

Now, because Air China has given up on reorganizing Dongcheng Airlines, the nearly 100 million guaranteed by the city at that time faces the risk of not being able to recover it.

"Of course, I don't go to the Three Treasures Hall for anything." Mayor Sun stood up and walked to the window, "Mr. Mei, you don't know how shameless a person can be."

"Do you know why Air China gave up on restructuring?"

Mei Yiliang didn't want to get involved in this issue, so he casually said, "The asking price is too high?"

Dongcheng also knew that "Goldman Sachs, the world's largest investment bank, will invest US$100 million in shares, accounting for 20% of the shares" that Dongcheng has always boasted about.

If it is based on this price, Air China will certainly not accept it.

Mayor Sun shook his head, with a rare look of anger, "This is one reason, but it is not the main reason. The main reason is that, haha, Dongcheng Airlines, which he blew into the sky, is now an empty shell."

"Part of Dongcheng Airlines' shares have been frozen by banks, part of them have been seized by the court, and the rest have been mortgaged to private companies,"

"Not only that, during our negotiations, creditors kept popping up one after another..."

"These debt relationships are always related to Dongcheng Airlines and also involve his other companies,"

"The accounts between his companies are also a mess,"

"The preliminary results of the audit by the accounting firm we hired are that the debt attributable to Dongcheng Airlines alone is currently as high as nearly 1.3 billion, while what he originally said was only 530 million,"

Only then did Mei Yiliang understand why Air China, which had originally had a good relationship, gave up.

In the framework agreement for the acquisition, Air China acquired 100% of the equity of Dongcheng Airlines for 1 yuan, but at the same time, it had to bear all debts and pay Liu Jizhong personally 250 million.

Now, the debt has more than doubled on the basis of 530 million, and the acquisition cost has almost doubled. Who will do it?

What's more, with Edongcheng's messy financial data, this may not be the final number, so where is this opportunity to use good investment to strengthen itself? This is obviously a trap!

"Mr. Mei, do you know what is most irritating? Under such circumstances, he did not forget to make demands for himself, asking us to use the land originally reserved for their airline at a low price of 150,000 yuan. Allocate 500 acres for them to develop, and the floor area ratio must be more than five times the local plan."

Mei Yiliang was a little surprised after hearing this. If this was true, then Liu Jizhong would personally receive not only 250 million but also 520 million after selling Dongcheng Airlines.

"Leader, have a sip of tea." Mei Yiliang made him another cup. "In that case, let him do the trouble."

Mayor Sun smiled bitterly, "Mr. Mei, this is an airline. If anything happens, it will be fine."

"Let me tell you straight, this is why I came to you today,"

…………

At the same time, Dongcheng Airlines, facing a group of reporters who were temporarily invited, Liu Jizhong was speaking angrily, "...in order to expand the aviation industry in our province, we sincerely want to reorganize with Air China. But what did Air China do? They are so arrogant..."

"...I hereby declare that I refuse to cooperate with them!"

Just when he said these words, Shen Xue was at their home, busy packing her luggage in a panic...