791 Equity value quadrupled(1/2)
The successful establishment of the Baitiao channel in the Two Lakes area means that Jiuding Trading has officially entered the meat product business segment. Although it is only an entry-level Baitiao pork business, it is a milestone for Jiuding Trading.
It should be something to be happy, but the business team of Jiuding Trading did not show joy, but instead maintained a high level of vigilance.
Not only are salesmen who are visiting the front-line market, but even several shareholders of Jiuding Trading look like they are facing a great enemy, always paying attention to the latest developments and changes in the market.
It seems that it is easy to open up the sales channels in the Two Lakes area, but it is actually an act of taking the chestnut from the fire. If it attracts common hostility from the two group companies, Sanhui and Tangren, it is very likely that they will be pressed to the ground and hammered.
...
Li Jun was in a very complicated mood when he learned that Jiuding Trading had opened a white strip sales channel in Nanhu.
Cooperation with Jiuding Trading was his idea, and the purpose was to win over Jiuding Trading and thus divide the pressure on Sanhui on Nanhu. To be honest, Tangren Group used Jiuding Trading, and Jiuding Trading also acknowledged this exploited relationship.
Now Jiuding Trading has taken the opportunity to open up a white pork sales channel in the Nanhu market. What can Tangren Group do?
Stop suppressing them?
Doing so will only break the newly established cooperative relationship, and may even push Jiuding Trading to the Sanhui camp, and the group company will face more severe challenges.
Even though he was dissatisfied, he could only pretend not to know and agreed to the action of Jiuding Trading in Nanhu.
But when Li Jun learned that Jiuding Trading had also opened a white channel in Beihu, his originally depressed mood instantly became clear and even wanted to laugh.
I'm not having a good time, how can you be better than me?
What made Li Jun even more happy was that Jiuding Trading's actions would definitely arouse Sanhui's dissatisfaction and hostility. In this way, there was no need to worry about Jiuding Trading and Sanhui's disconnection.
Not only that, if Sanhui stops Jiuding Trading from doing business in Beihu, the pressure on the Nanhu market will be reduced invisibly, because most of the goods in Nanhu are provided by Sanhui Beihu Processing Factory.
Beautiful job!
Li Jun shouted in his heart secretly, with a cheerful smile on his face.
He did not consider whether Jiuding Trading would take this opportunity to grow and grow, nor did he have the heart to consider this issue. What Li Jun is most concerned about now is whether Nanhu will reduce the pressure due to this incident.
Unfortunately, two days have passed and I haven’t seen any action in Sanhui.
...
After waiting for so many days, the bank finally responded that several shareholders of Jiuding Trading arrived today and were waiting for the bank staff to come at the company.
"It should be nothing?"
Zhang Haoming looked at Song Pengfei and asked, Lin Dong and Li Hong also looked at Song Pengfei, with hope hidden in their eyes.
Song Pengfei hesitated for a few seconds and replied unsurely: "I can't say it well, there should be no problem with Nanhu. Tangren Group is not afraid to break the cooperative relationship now, but it is really hard to say in Beihu."
Lin Dong took the opportunity to take the topic and said: "The business manager of Sanhui Beihu District asked Marriott to have dinner together. When the meal was just a simple test, then there was no further information. There was no major move in Beihu these two days. Who knows whether Sanhui made a default or was preparing in secret?"
"I want me to tell you, everyone, don't worry about it anymore, scare yourself."
Pressing the cigarette to destroy it, Wang Quan smiled, "I have experienced so many things before, when did Sanhui react at this speed like now? It has been two days since there is no reaction, it means they are not ready to react."
"They and Tangren have not yet decided on the winner, so how can they have time to take care of us? Besides, Baitiao business is not the main profit sector of Sanhui. I think we have passed the test safely."
The others understood the truths that Wang Quan said, but they were not sure and tried to gain confidence from others.
After hearing what Wang Quan said, several people looked at each other and laughed, and the atmosphere in the room became much more relaxed.
"How did the bank tell you? How much money can they give us?"
Zhang Haoming blinked at Wang Quan. He has been very knowledgeable about equity mortgage loans these days, and has learned a lot about the general situation. He knows that the amount of bank loans will only be lower than the real equity value, so he is more concerned about how much money the bank can release.
Wang Quan has always been responsible for communication with the bank. The others all looked at Wang Quan with concern in their eyes. In a sense, the amount of loans from the bank represents how much their shares in Jiuding Trading are worth.
"I don't know. They just told me that there was news and did not say the specific amount of the loan. I'm waiting for them to come... I'm here."
As Wang Quan was halfway through the glass wall, he saw several people in uniform appearing, and immediately got up and walked out.
Two minutes later, five shareholders of Jiuding Trading and three staff members from the bank sat opposite each other in the conference room.
The bank led the lead in Director Xiao, who was previously responsible for receiving Wang Quan. After briefly introducing the identities of two colleagues who came from other places, Xiao Ran was very tactful and chose to remain silent.
“Based on the evaluation of our professional staff…”
One of the older bank staff took the initiative to explain a series of evaluation contents and evaluation methods of the bank.
"We have carefully referred to the profit margins and existing high-quality projects in each of your business segments. The final evaluation result is that 45% of Jiuding Trading's equity can be pledged to our bank for 200 million yuan..."
Many of the bank staff's speeches are quite professional. Even if Wang Quan and others listen carefully, there are still some things that don't understand. But when they hear the loan amount of 200 million yuan, they relax and then smile happily.
45% of the equity can be pledged to loans of 200 million yuan. If calculated based on the undiscounted amount, Jiuding Trading's total value in the bank's evaluation results is 440 million yuan.
What's more, everyone understands that it is impossible for banks to lend money without discounts.
In other words, the real value of Jiuding Trading is close to 500 million, and it may even exceed 500 million.
Investment has increased by at least five times!
Because there are outsiders, some things are inconvenient to say, but everyone is happy.
Wang Quan personally holds 53% of Jiuding Trading shares. If calculated based on 500 million yuan, Wang Quan's net worth will exceed 200 million yuan, which has not included the assets in breeding.
A bright smile appeared on Song Pengfei's face that he had never seen before!
He joined Jiuding Trading halfway and exchanged five million for 5% of Jiuding Trading's equity. It took only a little more than four months to make a five-fold increase. He could not be unhappy.
"Mr. Wang, if there is any problem, you can raise it now and let my colleague explain it on the spot. If there is no problem, see when..."
Xiao Ran kept observing Wang Quan and the others. From their expressions, it can be seen that Wang Quan and the others were very satisfied with the amount of 200 million. Xiao Ran deliberately waited for a while, and then spoke after Wang Quan and the others fully enjoyed the joy.
The few people understood what Xiao Ran meant and looked at each other. Song Pengfei suddenly said, "Wait for a while, I'll find a professional to come over."
Since Song Pengfei spoke, Wang Quan and the others naturally had no reason to object. Xiao Ran and the other three had no worries and were waiting quietly.
After about twenty minutes, Song Pengfei got up and left the conference room after receiving a call. He soon returned with a young man. When Zhang Haoming saw the young man, his eyes lit up and waved at the other party.
Wu Xiu, the legal affairs of Jiuding Trading and Tongluo when he was suing him, was a staff of Sanhui.
With the joint explanation of Wu Xiu and the bank staff, Wang Quan and others finally figured out all the details of the equity mortgage loan. After confirming that there were no loopholes and risks, they decided to sign in the afternoon.
After the bank staff and Wu Xiu left, Zhang Haoming couldn't help laughing out loud, his voice was loud and unrestrained. No one dissuaded Zhang Haoming because they also needed to vent their excitement.
“One year.”
After laughing, Li Hong suddenly sighed: "Jiuding Trading was established in October last year. It has increased by five times in one year. I have entered the ranks of billions of dollars."
Li Hong's words were approved by Lin Dong. Zhang Haoming and the others held the same shares, and now they are 14%. Based on 500 million yuan, the equity alone is worth 70 million yuan. With their own accumulation, it is not an exaggeration to say that they are billionaires.
Lin Dong never thought that he could become a billionaire, and that he would not be seen in the country by making a achievements in the water. He was not very likely to be seen in the country, right? While sighing secretly, he looked at Wang Quan unconsciously.
From August 2018 to now, in more than two years, Wang Quan not only completed a gorgeous personal transformation, but also successfully entered the ranks of billions with such a group of teammates. How many people believe it if they say it?
"Old Li, take a look at Mr. Song beside you. Mr. Song should be the happiest one." Zhang Haoming smiled so hard that he couldn't stop, but looked at Song Pengfei teasingly and continued, "It took us a year, but Mr. Song only took four months. Mr. Song must treat him today."
Song Pengfei nodded without hesitation and chuckled softly: "Come on whatever you want."
After being happy, Wang Quan said to Zhang Haoming: "Lao Zhang, you have the money. When will we officially enter the meat product market, it depends on your performance."
This sentence successfully diverted the attention of several people and looked at Zhang Haoming together.
Zhang Haoming smiled proudly and said, "As long as the money is in place, you can wait and see. Starting tomorrow, the slaughterhouse will be constructed for 24 hours."
In the afternoon, I had to go to the bank to sign, but at noon, the few people did not ask Song Pengfei to fulfill his promise to treat him. Because Zhang Shu was the largest shareholder when he registered the company, he specially brought Zhang Shu with him when he signed in the afternoon.
After signing the letter, Zhang Shu realized that Jiuding Trading was so valuable, his eyes became brighter and his smile never stopped.
After all the procedures were completed, Cao Bende appeared in front of Wang Quan.
"If nothing unexpected happens, the money will be paid within one week."
"Thank you for your support."
Cao Binde smiled casually, glanced at the people around Wang Quan, and said with a smile: "Don't you have other industries in Pingxi? I heard that the scale is quite large. If you count those industries during the evaluation, you should be able to get more."
Wang Quan smiled softly and did not answer.
Those industries are owned by themselves and have nothing to do with Jiuding Trading. How can they be tied to a loan together?
"With your current scale and strength, is it enough to establish a group company?"
Cao Bende joked again.
Group company?
Zhang Haoming and Li Hong's eyes lit up, and they looked at Wang Quan.
A hint of enthusiasm flashed in Wang Quan's eyes, and many years flashed in his mind.
A long time ago, he told Lin Dong that he wanted to build an industrial chain and a company like Sanhui. Unfortunately, it has not been truly realized until now.
However, the key links in the industrial chain are already in place, and this issue is not impossible to consider.
After leaving the bank, Wang Quan drove Zhang Shu home, and the other four were sitting in Song Pengfei's car, which was a little quiet.
I don’t know how long it took, Li Hong looked at Lin Dong, who was sitting in the passenger seat, and said softly: “Mr. Lin, what do you think of establishing a group company?”
After Li Hong's voice, the carriage became quiet again, just as Li Hong had never spoken, but everyone's expressions became different.
Zhang Haoming and Li Hong looked at each other silently, and both saw the initiative in each other's eyes.
Although Lin Dong looked ahead, he looked stunning, obviously thinking about something.
Song Pengfei drove the car with a faint smile on his lips, and he didn't say anything either.
To be continued...