Starting from the second day after Ye Tianmin met with Wan Shan, all work was carried out in an orderly manner according to the established procedures.

But regardless of the people from the two teams of Wanzhenge and Ye Tianmin, except for Zhu Jiachun, surprisingly Luo Yangyu did not participate, and Chen Qiang of Wanzhenge went out less than half an hour after arriving at the company, and never came back again.

.

Wan Shan seemed to have known about it for a long time, without even asking.

However, on the third day, Wan Shan's daughter, who usually did not appear in the company, was brought to the office by her mother. From time to time, there were sounds of crying in Wan Shan's office, but in the end she left alone, leaving

Got a daughter.

Wan Shan's daughter Wan Bao'er was very well-behaved and sensible. After her mother left, she asked her father if her mother would leave her.

"No, you can visit your mother whenever you want, but she won't live with us in the future." Wan Shan explained to her softly.

Because Wanshan has not lived with her mother since she was a child, she is basically with Wanshan on weekends or holidays. She also goes to the kindergarten to pick up and drop off whenever Wanshan has nothing to do.

Wan Baoer knew that her parents did not live together at all, although she suspected that her parents were divorced, so she did not make a fuss about her mother's departure. Instead, she felt novel and happy to be with her father during the day.

Wan Shan's original intention was to give up his office, but under Ye Tianmin's instruction, he did not move. Instead, after Chen Qiang left, he cleaned up and sorted out his office.

Everyone working at the Wanzhenge headquarters noticed that the signs at the door had changed. The signs at the door of Wanshan and Chen Qiang’s offices both said General Manager, but the company under the Wanshan brand said Wanzhenge Pharmaceutical.

chain company, and it turns out that Chen Qiang's office was written as Wanzhenge Industrial Group Company.

Many employees also discovered that a large area of ​​​​the warehouse was vacated, and many shopping mall shelves were gradually piled in. These quiet changes are just one of them.

A week later, on January 23, 2017 in Rafah, Chen Qiang’s office officially changed its owner. A man named Zhu Jiachun moved into this office.

Mr. Zhu signed the first document at the beginning of his work. On January 27, all employees of Wanzhenge Industrial Group will gather at the headquarters for a meeting. All companies and stores affiliated to the group will be closed for one day. The franchisees of non-directly affiliated chain pharmacies will meet on 1

On the 28th, the location was also at the headquarters.

On the afternoon of January 23, 2017, Wanzhenge Industrial Group Finance received several payments.

The first payment was from Ye Tianmin, amounting to 3 million;

The second transfer was 20 million from a person named Chen Fang;

The third transfer was 17 million from Chen Qiang.

There are also transfer information for three properties, including a villa in Nanshan District, a duplex residence in Yunshan District with an area of ​​more than 200 square meters, a commercial store in Yunshan District with an area of ​​more than 300 square meters, and an off-road vehicle worth 400,000 yuan.

.

While the series of changes in Wanzhenge Industrial Group Company were going on, Ye Tianmin was sitting in the off-road vehicle worth 400,000 yuan driven by Cheng Shijie. Together with Zhao Hong, he had left Nanyun City with Yang Momo.

, go to Kona New Village in Chengbei Township, Xinduo County.

Zhu Jiachun still drove Ye Tianmin's "Colson", and his original car temporarily served as the group's backup car.

Wanshan's car is not too expensive, and the market value of the new car is more than 500,000. Ye Tianmin did not allow the car to be included in Wanzhenge's assets. Although the original purchase and account were all registered with Wanzhenge, after signing the share transfer agreement,

Ye Tianmin asked Luo Yangyu to transfer the property to Wanshan's own name at a discount of 100,000.

On the evening of January 23, the information submitted by Wan Shan, Zhu Jiachun and Luo Yangyu showed the asset status of Wanzhenge Industrial Group Company before and after the 23rd:

Before the share transfer, the assets owned by Wanzhenge Industrial Group Company were:

There are 5 directly-operated chain pharmacies. Since the business premises are all leased, they are not recorded as assets. All medicine cabinets and equipment are priced at 1 million.

The Ancient Pharmacy Factory, because it has three exclusive ancient pharmaceutical formulas and equipment, is priced at 20 million.

The price of headquarters office equipment and warehouse loading and unloading equipment is 5 million.

The price of 10 small trucks is 800,000 yuan, and the price of one special medicine delivery vehicle is 200,000 yuan, for a total of 1 million yuan.

There are 5 business cars (excluding the one commonly used in Wanshan), priced at 600,000.

The real estate development company's two pieces of commercial land were originally auctioned for an actual cost of 50 million. However, the value of the land has increased in the past two years, and the estimated price is 70 million.

The total drug balance of the headquarters plus all directly operated stores is 20 million.

Chain pharmacies and ancient pharmaceutical factories only have 7 million left in cash.

Total: actual marketable assets and fixed assets 97.6 million, medicines 20 million, and liquid cash 7 million. Total price: 124 million (￥124,000,000) Lafayette.

However, in fact, the external debt of Wanzhenge Industrial Group Co., Ltd. includes:

Employee wages are in arrears of RMB 2 million;

21 million owed to drug suppliers;

700,000 in rent arrears;

300,000 yuan in arrears for office purchase expenses;

30 million in arrears to real estate builders and materials;

The bank loan plus interest is close to 50 million

All foreign debts require cash payment of 104 million (￥1040 million) Lafayette. Although it seems that the debt is less than 84%, it is not an absolute non-performing asset. But it is precisely because of such high debt that the brand and corporate value

There is no way to charge a premium.

Because, in fact, Wanzhenge Industrial Group Co., Ltd. had been unable to get cash and collateral to pay for the most urgent bank loan before, and was unable to survive this crisis.

If Wanzhen Pavilion had not ceased operations, its liabilities would have gradually increased. Once it had ceased operations, the value of the medicines would have shrunk sharply and eventually become zero. The arrears could not be settled at all, which is why the banks were forced to end up like this.

Of course, the most important thing is that Zhao Tuo got the instruction from his old man in the end. According to the original loan contract, Wanzhen Pavilion must repay the loan as scheduled, otherwise it will directly apply for property preservation and seizure. Once that day comes, Wanzhen Pavilion will really

It's over, where is the chance to make a comeback?

When a company is a good asset, it can be priced at a premium. But when your debt is too high, the premium is a joke. The foundation of business lies in the pursuit of profits.

The suspension of the Wanzhenge real estate project has provided companies in the industry with opportunities to pursue profits. It is impossible to sell it at the estimated price of 70 million. It is already a good deal to take over at the original price of 50 million.

.

Once you get the 50 million, the bank loan and interest have already been used up. Over time, it may be insufficient. The builder and material payment still have 30 million on your head.

If Chen Qiang’s sister had been willing to spend the 20 million, Wan Zhen Pavilion could indeed have postponed the crisis and found a way to solve it. Unfortunately, the two brothers surnamed Chen completely grasped Wan Shan’s concerns about the future of their daughter Wan Baoer, and would rather die than

He let go. Unexpectedly, his ignorance eventually harmed him.

As of the afternoon of January 23, Wanzhenge already had nearly 50 million in cash. Although most of it should actually belong to the original Wanzhenge, when the agreement was signed, it had full authority to take over the claims and debts, so the cash recovered belongs to the current Wanzhenge.

of Zhenge Industrial Group Co., Ltd.

Originally, Ye Tianmin thought of making a fool of himself after taking over and borrowing money from the Raffa Imperial Bank again or using a line of credit to tide over the crisis. Unexpectedly, the greed of the Chen family brothers and sisters finally fulfilled him.

With such "abundant" funds, according to Ye Tianmin's arrangement, the 2 million owed employees' wages will be paid in full at once, and the 1 million owed in rent and office expenses will be paid in full. The drug supplier will pay 50%, and the real estate materials will be paid in full.

15 million was paid, the builder's equipment was leased, 50% of personnel costs were paid, and bank loan interest was paid 8 million, a one-time expenditure of 44 million.

In exchange, Wanzhenge Industrial Group started working normally, and the supply of medicines continued to operate normally. It promised that the real estate builder would start in one month, make up for all arrears, recycle bank loans, and cancel the internal warning.

...

With little money left, Ye Tianmin still paid Luo Yangyu 1 million in remuneration. What Luo Yangyu didn't expect was that Ye Tianmin invested another 2 million in Luo Yangyu with only one condition: Luo Yangyu's law firm in Nanyun City.

Occupying 40% of the shares, Luo Yangyu holds shares on behalf of the company.

To put it bluntly, this investment means that Luo Yangyu's business is not difficult at all. A law firm cannot be large with one lawyer alone. It is usually a partnership, but with funds, Luo Yangyu can open a better business

conditions that make law partners willing to participate.

Ye Tianmin's original intention of investing in Luo Yangyu's law firm was to retain the most loyal legal aid team for him in the future. He dare not say that everything he does in the future will be risk-free, but with the legal team here, there will be no risk

The possibility of occurrence will be reduced, and sufficient legal service guarantee will be provided for your future development.

According to Ye Tianmin's thinking, Luo Yangyu did not give the law firm any other name, but used his own destiny and became "Nanyun City Luo Yangyu Law Firm."
Chapter completed!