Chapter 839 Match

The bank is considering that this work cannot be stopped. In the third conference call, Li Lin asked, "Can we consider equity financing?"

Feng Yiping declined almost without thinking, "Currently only considering debt financing,"

Generally speaking, there are two main financing methods for a company, debt financing and equity financing.

The so-called equity financing means that corporate shareholders are willing to sell part of their own shares and introduce new shareholders.

There are more debt financing methods, and the content is nothing more than a word of "borrowing", such as bank loans, issuing corporate bonds, etc.

Equity financing, those two listed companies don’t need to think about it, although it only needs to reveal a little bit of information, seeing that the performance of those two companies is so good, there must be more people to send money, but even if Feng Yiping is willing to do that, Ronglai The funds can only be used for the development of those two companies. Do you want to use it to acquire Netflix? That is open and aboveboard misappropriation, misappropriation of funds from listed companies, and the amount is so large, you just wait to get out of jail.

As for the Jiasheng Group, Feng Yiping thinks that it is good now, he can decide everything by himself, if another shareholder is introduced, how can life be as leisurely as it is now?

Moreover, how many people in China can come up with more than 1 billion US dollars in cash?

"You can consider issuing corporate bonds, but," Feng Yiping shook his head, "this approval procedure is cumbersome and expensive, so it can only be used as a backup plan."

To a certain extent, the approval of corporate bond issuance is not as simple as listing. Moreover, the issuance of such bonds also requires underwriters, and the interest rate is generally high. Added up, the cost should not be lower than 15%.

Besides, in 2003, there were not many projects that domestic enterprises could issue bonds, and the amount could not be very large. The issuance of 1 billion RMB bonds would be a very big deal.

"Strip off the assets of the listed company of the group, strip off the overseas assets, package all the remaining assets, and apply for a loan from the bank. If it is not enough, you can consider pledging my equity in the listed company,"

Feng Yiping still thinks it's easy, the interest rate should be controlled below 10% when borrowing from the bank, and the objects he deals with are relatively single. In addition, he also wants to take this opportunity to take a thorough inventory of his assets.

In any case, the bank's valuation is still of great reference value.

"Okay, I understand," Li Lin stopped persuading. Now she understands very well that there is no way for a listed company. For a non-listed company, her boss firmly does not want others to get involved. "I hope there is a bank with such courage!"

"Don't worry, there will definitely be," Feng Yiping said with a smile, and, if there is no accident, it can only be ICBC.

Among the four major state-owned banks, ICBC is the fastest internationalized one and should also have the most foreign currency assets.

He also hopes to take this opportunity to build a good relationship with ICBC. Maybe, when ICBC goes public in the future, they can also carry out some strategic cooperation? For example, there is an opportunity to buy part of the original stock.

"Hehe, there are not many companies in China that are confident in raising such an amount of financing. Such an amount matches our identity very well," Jin Ling said with a smile.

Feng Yiping guessed right, at this moment, the four major industries are also struggling.

Does the bank want to do such a big business? Of course I want to! Not to mention a maximum of 2 billion US dollars, even a 20 billion US dollar business, they also want to do it.

It's just that the current four major banks are far less aggressive than later ones. The other three banks have limited US dollar assets.

ICBC is the most troubled one, because they have the most foreign currency assets and are capable of undertaking such a business on their own.

At the high-level meeting, the credit management department insisted on taking over independently, "Such an opportunity is rare. If other companies make such a request, we will probably ignore it, but the overall strength of Jiaqiang Group is obvious to all. It is at least among the best in China. , excluding those two listed companies, and only talking about their fixed assets across the country, they are very impressive,"

"The purpose of their financing this time is to prepare for the acquisition of a listed company," said the Risk Management Department. "This reduces the risk of our loan even more,"

They were very excited and wanted to do this big business. Jin Ling thought that a loan of 2 billion US dollars was in line with Jiaqiang's status. They also believed that a big business like 2 billion US dollars was more suitable for ICBC's status.

"The problem is that at the end of last year, our foreign currency loan balance was less than 20 billion U.S. dollars, and 2 billion U.S. dollars is not a small amount," said the asset and liability management department.

"Affected by SARS, in the past two months, the volume of international settlement business and foreign exchange settlement and sales business volume has also declined,"

If it is 2 billion yuan, or even 10 billion yuan, it is not a big deal for ICBC, but what Jiaqiang wants is US dollars. Based on the current exchange rate of about 8.2767, the loan amount they want is more than 15 billion yuan. RMB!

"This year's foreign currency assets will definitely increase, there is no doubt," said the vice president in charge of credit, "Jiasheng Group is a high-quality customer in all aspects, and such an opportunity should not be easily missed. Continue to follow up, we must reach this business in the most beneficial way for us, and, regarding the risk, it can be fully reflected in the interest rate!"

If the interest rate is 10% for a loan of 2 billion US dollars, then the interest alone will be 200 million US dollars a year. How much money does this cover?

In terms of scale, even a loan of over 100 million can be worth a hundred.

How much manpower and material resources does ICBC have to invest in completing 100 loans with an average amount of over 100 million? How many bad debts will there be in these one hundred loans? In short, it must be higher than this sum.

…………

SARS had a great impact on the universities in the capital. However, this impact is sometimes a good thing. For example, for those who feel that they are not prepared enough, the postponement of the English CET-4 and CET-6 is great news.

The closure of colleges and universities means that for Feng Yiping and others who are forced to stay in school after they are seniors, it means that they can spend more time on graduation projects.

Feng Yiping even suspected that 2003 might be the year with the highest average level of graduation projects for any university in the capital.

It's just that those guys in the dormitory generally expressed that they were very uncomfortable. They couldn't understand Feng Yiping's freedom outside. It was a common thing to harass him on the phone. They felt that they were too idle and annoying, so they were going to give them more money. Feng Yiping, who was born in Beijing, deliberately increased the size when arranging the next step of the magic workshop.

This time, he released nearly twenty specific design projects.

Among them, the dozens of items that occupy the largest number are the same as the design of electric vehicles.

Moreover, these dozens of designs are all products closely related to daily life, not difficult, and can be said to be appetizers.

These dozen or so items, to put it simply, are the result of Feng Yiping's shopping at the famous MUJI.

At the beginning, he visited this shop a few times, which was highly regarded by many petty bourgeoisie, even those who claimed to have good taste. In the end, he really didn’t have a strong experience. He admitted that the design of some things there was It is very unique, but some people commented too much on it, and even went to Japan to "pilgrimage". He said that he could not understand the fanaticism of those people at all.

It is more incomprehensible than not understanding the fanaticism of "fruit powder".

Of course, it may not be ruled out that it is the reason of the Japanese company.

In short, he has long thought that he should copy more items that he has an impression of. Anyway, now that he has a sales platform called Youjia, these things can be stuffed inside.

In the work assigned this time, there are two difficult bones, one is the bladeless fan, and the other is the chainless bicycle. The difficulty of these two designs can be seen from the names.

Moreover, with these two things, Feng Yiping can't help much. He has used a bladeless fan before, but he doesn't remember the specific principle. He has seen a chainless bicycle before, and he has only seen it.

Once these tasks are arranged, the harassing calls from those guys in the magic workshop basically disappeared. However, judging from what Liang Yonggao said, these two designs have aroused everyone's interest. It is more suitable for our status as a student of a high-end university in China.

…………

Just now, Feng Yiping felt that his phone was much quieter and his ears were much cleaner. When he was going to have lunch, he received a call from another guy who often harassed him, "Zhijie, how is Qiu Ling these two days? Can you get down?"

Xiao Zhijie completely ignored his words, and hurriedly said, "Yiping, there seems to be something wrong with Jingping just now."