Chapter 402

Yao Tiao first briefly explained the situation:

Hong Kong Huitong bank was forced to auction due to investment mistakes and urgent need to pay off its debts. The reserve price of the auction was US $80 million. In addition, the auction of the bank license required us $300 million of registered capital. The form of auction is open auction, and the one with the highest price wins.

Xiao Sa: "80 million? What assets does Huitong bank have?"

Yao Tiao: "there is a nine storey headquarters building in central, covering an area of 3387 square meters, with a single-storey construction area of 1100 square meters and a total construction area of 9900 square meters. There are also five rented business outlets with lease terms ranging from five years, eight years and ten years, but they have not expired yet. They can continue to operate after the auction."

Xiao Sa: "that's all?"

Yao Tiao nodded: "That's all. The total assets of Huitong bank are equivalent to the current market price of less than US $50 million in Hong Kong, and the auction reserve price premium is US $30 million. There are two reasons: first, because Huitong bank has nearly US $80 million in liabilities, it can't balance accounts without US $80 million. Second, bank licenses are scarce. Although the Hong Kong government has not made it clear, it will not issue new bank licenses before the return in 1997."

Xiao Sa: "aren't there many companies bidding?"

Chen Shouzhong said, "not necessarily. People are a little restless now. Some are optimistic about Hong Kong's return and some are not optimistic. Many people have a wait-and-see attitude. This investment is not small. There may not be many people who can really win and have the will."

Yuan Qilin also nodded in recognition of Chen Shouzhong's words and said, "I have specially communicated with the bosses of several financial institutions. Most of them choose to wait and see."

Yao Tiao: "as far as I know, there are two really interested in participating in the auction, one Hong Kong Foundation bank and one Yongheng bank. If we are included, there are three."

Xiao Sa: "how much money can we mobilize and control at present?"

Yao Tiao glanced at Tang Jiaman and said, "since the year before last, Yuanmeng company has allocated nearly 600 million funds to Yuanmeng clothing, Danlu wine industry, dream pursuit company and attentive BMW. At present, the funds that can be allocated are only a little more than one billion, less than 130 million US dollars."

Tang Jiaman then said, "we're a little better, but it's only $150 million."

Yao Tiao: "the reserve price of Huitong bank is US $80 million. I estimate that it may be hundreds of millions, or even more than US $100 million. With the registered capital of US $300 million, the minimum guarantee for participating in this auction can not be less than US $400 million. At present, the maximum amount of funds available for allocation is US $280 million, or at least US $120 million."

Xiao Sa: "when will the auction be held?"

Yao Tiao: "August 15. But the deadline for registration is August 10, that is, before August 10, at least 380 million funds must reach the supervision account designated by the Hong Kong government."

Xiao Sa: "today is July 30th. There are only eleven days left for us!"

Yao Tiao and others nodded together and looked at Xiao SA silently.

We must get the banking license of Hong Kong. Xiao SA agreed with Yao Tiao two years ago. The most prosperous thing in Hong Kong is the financial industry. Of course, Xiao Sa also wants to eat a piece of fat meat.

But the current funding gap is not generally large!

One hundred and twenty million dollars, almost one billion yuan. I only spent one billion yuan because I invested in BMW. Where can I get another one billion yuan?

Xiao SA was lost in thought.

The assets of his company are all in the mainland except the Hong Kong chic company headed by Chen Shouzhong and the Hong Kong dream company headed by Yuan Qilin.

There are three companies in Shenzhen: Chic tie company in the charge of Wu Heping, huanmeng clothing company in the charge of Yuan Dan and chic real estate group company in the charge of Xu min.

The development momentum of chic tie company in recent years is very strong, but it is a small commodity after all. Its annual output value is several hundred million and its net profit is tens of millions. Moreover, it has been expanding its production, and the funds it can mobilize are limited.

The output value of Yuanmeng clothing last year exceeded one billion, and the net profit was nearly 100 million. However, the sports shoe factory invested a lot of money. It is estimated that it has just recovered its capital, and the remaining funds available for deployment are not much.

Shenzhen chic real estate group has expanded rapidly. It has successively set up branches in Zhongshan, Dongguan, Zhuhai, Hainan and other places, and its total assets have reached tens of billions. However, because of the rapid expansion and tight capital, there is almost no spare money left on hand.

There are four companies in Tanzhou: Motorcycle retail group company headed by Qigu Xiao Jiabi, motorcycle wholesale group company headed by Liu Li, Baifa gas appliance company headed by Ayi, and attentive BMW company headed by kantra and Longbo.

The motorcycle retail group company has 16 branches in Hunan Province and two in the provincial capitals of Hubei Province and Jiangxi Province, with a total sales revenue of more than 10 billion. However, due to rolling development and expansion, the working capital is not abundant. At most, it can mobilize funds of 30 or 40 million people's dollars. Moreover, with Xiao Jiabi's personality, she will be scolded for adjusting her funds!

The annual sales revenue of Changzhutan motorcycle wholesale group is 7.8 billion, and the working capital is relatively abundant. However, now it is the peak sales season, most of the funds are used to purchase goods, and there is not much money to squeeze out in the short term.

Baifa gas appliance company doesn't have to think about it. It has just invested a huge fund to build a new plant covering an area of 500 mu in Tanzhou economic development zone. The account has not been paid off yet!

Attentive BMW is still under construction and has no idea.

There is a motorcycle wholesale group company in Hubei and Jiangxi provinces, which is in the charge of heizai and Wangzai respectively. If it takes a long time, it is not a problem for the two companies to adjust about 100 million funds together, but I'm afraid it will be difficult in just ten days. No one will be foolish enough to bury hundreds of millions of funds in a bank account!

Then there are several companies in Beijing: Danlu liquor company under the leadership of Tang Yuanyuan, dream pursuit company under the leadership of Eucommia ulmoides, Fu Rao Tianxia Taiji Group Company under the leadership of Chu Xinghe, and rebirth resources company of ghost eye seven.

The production and sales of Danlu wine industry are booming, and the trend is gratifying. However, two new production lines were launched in the first half of this year, with a lot of investment. In particular, a large amount of funds were used for raw material reserves. At present, the funds that can be mobilized will not exceed 50 million or 60 million.

At present, the profit level of dream chasing company is not strong. Firstly, the salary of employees is high, secondly, there are many R & D expenses, and there is no unplanned funds. Even if there is, Xiao SA will not consider transferring funds from it at present. The position of this company in his heart is too important!

Taiji Group's current profitability is also limited. It's great to see that it can mobilize tens of millions of funds!

The rebirth resources company was played by Xiao sprinkled on ghost eye 7 and Zhang Qing. At best, it is a profit of 300000 or 400000 a year, which is a drop in the bucket.

In this way, Lin Lin can finally mobilize about 200 million working capital, which is less than 30 million US dollars. Moreover, if the penny fills the pond, it will disrupt the normal production and operation order of all his companies. I'm afraid the gains outweigh the losses.

Xiao SA smiled bitterly in his heart: if only he could give himself another one or two years of preparation time! At that time, all investments will have greater returns.

However, it doesn't make any difference! Thinking like this now is tantamount to ha ha!

What should I do