Chapter 722: Empire Group Swallows up Yinghuang Group!

The Latin American debt crisis will undoubtedly be harvested by European, American and Japanese capital.

Yang Ming took advantage of this opportunity and hoped to eat meat from it.

Lin Xiuzhi went out of the office.

"Boss, this is Yinghuang Group's information."

At this time, Lin Xiuzhi handed Yang Ming a piece of information about Yang Shoucheng and Yinghuang Group.

Now Yinghuang Group is only a medium-sized company among Chinese companies. However, Yang Ming doesn't like Yang Shoucheng, so he has always attracted attention.

After Yang Shoucheng was released from prison at the end of March, he frantically mortgaged his company to Huifeng Bank, borrowed all the funds from Huifeng Bank, and invested it in real estate in Xiangjiang.

Housing prices in Xiangjiang are plummeting. In fact, Yang Shoucheng bought it too early.

Investing in real estate now, if you do not have sufficient liquidity, is like wasting your money.

The main reason is that Yinghuang Group and Yang Shoucheng themselves have too little liquidity, but he invested all the funds in it.

It was hard for Yang Ming to imagine why he was so crazy?

Some even lost their minds.

Yang Ming didn't know that this was Yang Shuicheng, who was once aloof and arrogant. He was imprisoned for more than half a year for his impulsive actions. It had a lot to do with it. After he came out, he hoped to be like Li Jiacheng, Bao Yugang, and even Sir Yang. , would do such a thing.

Since Yang Shuocheng entered the business field in his early years, he has been like a gambler, but he has won everything before.

This time, I didn't win, and I even had no chips.

Yang Ming noticed.

At this time, Yang Shoucheng's Yinghuang Group was not as big as it would be in the future. It already owned a listed company in the Good World, mainly in real estate.

There is also a financial securities company, which was established in 1978 and has a certain scale now.

In addition, the most important business is the watch business, which is the basis for the development of Yinghuang Group.

The remaining one is a furniture company, which represents European and American furniture products.

The entertainment culture, digital, jewelry, etc. that emerged later have not yet developed.

Historically, at his peak, Yang Shoucheng owned six listed companies and had a net worth of over 10 billion Hong Kong dollars. In the 1990s, he was considered a rising Chinese-funded tycoon.

Now the other party not only has lost everything, but also owes Huifeng Bank 320 million Hong Kong dollars.

Historically, Huifeng Bank gave him eight years to pay off his debts. Yang Shoucheng spent the same amount of time gradually paying off his debts and redeeming the company from Huifeng Bank.

"Boss, why does this Yang Xuecheng look similar to those gangsters?" Lin Xiuzhi asked.

"That's true."

The other party doesn't read much, but most of his acquaintances are pig and dog friends.

He has always been prone to committing crimes and was caught almost every time.

"Call Merith."

When Lin Xiuzhi went to call Meris, Meris had been paying attention to the housing prices in Xiangjiang.

As for the situation in Latin America, Meris has already asked people to do it.

"boss."

"About that Yinghuang Group, I want to eat it."

Yinghuang Group?

Meris doesn't pay much attention to this company either.

When he knew what was going on, Meris said: "Boss, I will talk to Huifeng Bank personally."

That afternoon.

Meris immediately went to see Shen Bi from Huifeng Bank.

"Sir Yang, do you want to swallow up Yinghuang Group?" He Chaoluo asked.

This company is large and still in debt.

In He Chaoluo's view, it doesn't make much sense to swallow up this company.

So why did Sir Young do that?

"good."

He Chaoluo didn't understand.

When Merliss went to see Shen Bi, Huifeng Bank had already frozen everything in Yinghuang Group. However, this group of companies, including the watch business, is still operating normally.

Now, the three Yang Shoucheng brothers have approached the president of Huifeng Bank, hoping to give him a chance.

Huifeng Bank asked him to go back and wait.

When the three brothers and sisters of Yang Shoucheng could only go back and wait, Shen Bi was a little surprised to see Mai Lisi coming to see him.

"Mr. Malice, didn't you know you were coming?"

"Mr. Shen, our boss wants to acquire Yinghuang Group."

Yinghuang Group?

Huifeng Bank is very large, and Shen Bi really doesn't necessarily pay attention to things like Yinghuang Group.

However, as long as he asked the female secretary to check it, he would know what was going on.

After a while.

The female secretary brought over the information about Yinghuang Group's mortgage loan. Shen Bi had already learned that Yang Xuecheng, chairman of Yinghuang Group, owed Huifeng Bank 320 million Hong Kong dollars.

All personal properties of Yinghuang Group and Yang Shuocheng have been frozen.

On the other hand, Yang Shoucheng applied to Huifeng Bank to give the other party time. In addition, he hoped to get help from Huifeng Bank.

Shen Bi didn't expect that Sir Yang would actually focus on this small company.

The so-called small companies are quite similar to Wharf and Jardine Land. Compared with some other companies in Xiangjiang, Yinghuang Group is not very small in scale.

Now that the company has so much debt, he sees no point in acquiring it.

"Mr. Merliss, Yinghuang Group's debt ratio is very high. I'm afraid there is no point in acquiring it." Shen Bi said on the side.

"Mr. Shen, this is what the boss wants."

This is what Sir Young meant.

Merith himself didn't understand.

In that case, Shen Bi didn't say anything else.

Originally, when this company signed a mortgage loan contract with Huifeng Bank, there was a provision that if Yang Shucheng owed debts or failed to pay off the interest and principal in time, the company would be handed over to Huifeng Bank.

Now, under this situation, there is no problem for Huifeng Bank to sell this company to Empire Group.

Yang Shucheng can disagree, but he must return the owed funds to Huifeng Bank within the specified time, otherwise, it will naturally have to be handed over to Huifeng Bank for processing.

Historically, Huifeng Bank also swallowed up many companies in this way, including Hengtie Bank and even Hutchison Whampoa.

The two sides finished the talk.

For Mai Lisi, there was no difficulty at all.

The price of acquiring Yinghuang Group is based on the current acquisition of 320 million Hong Kong dollars, which means that Huifeng Bank does not want to make money from Empire Group, as long as it takes back the funds loaned to Yang Shucheng.

. . .

Yang Shucheng and his sister are still waiting for Huifeng Bank to recover.

He had worked so hard for so long to build the scale of Yinghuang Group, and he didn't want Huifeng Bank to sell it to others.

However, the disposal rights of the company were not in his hands now.

This afternoon.

Yang Shucheng suddenly received a call from Huifeng Bank, asking him to come over.

Yang Shucheng and his three siblings went over happily, thinking that Huifeng Bank would agree to his suggestion, but when he just got there, he heard a thunderbolt of news.

"Mr. Yang, Huifeng Bank has agreed to sell Yinghuang Group to Empire Group. If you still want to take it back, you must get Sir Yang's consent, or return the funds to Huifeng Bank within a week."

Chapter 2!

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