Chairman of a group company with assets worth billions.
Among the companies that came to inspect this time, Maofeng Tea Company was the largest, with an annual output value of only over 100 million, which was not comparable to Southeast Industry at all.
The output value of Jinjiu's Jinzun Tea Company just exceeded 10 million last year, and it cannot be compared with the huge Southeast Industrial.
Jin Jiu had met Qi Junting, but only from a distance at an entrepreneur conference. He was a business tycoon sitting in a row with provincial and ministerial leaders, and he was not someone a small boss like him could get up close to.
Mao Feng is not much different either. One can imagine how excited Mao Feng would be when he received a call from Qi Junting himself, and it was even harder to refuse Qi Junting's request.
Jin Jiu slowly calmed down, frowned and said, "Mr. Mao, even if Chairman Qi calls you personally and asks you to fully support Huilong Town's investment promotion, you don't have to spend 30 million to build roads and then invest in them.
Ah. Besides, the scale of Southeast Industrial is very large, and it is probably one of the largest companies in the southeast coastal area. However, you cannot ask you to pay so much or take such a big risk just because of Chairman Qi’s words."
There must be conditions. Mao Feng is not a fool. How could he ignore Qi Junting's words?
Mao Feng had no intention of hiding it from Jin Jiu. He said, "Chairman Qi helped contact Shenzhen Development Bank. They are willing to provide Maofeng Tea Company with a long-term low-interest loan of 50 million to support Maofeng Tea Company."
The company expands its operations.”
"Fifty million?" Jin Jiu was shocked.
This is a huge loan. It can be said that even if it is a state-owned enterprise, it must be of a certain scale to apply for it from a bank, and it is at a low interest rate.
Jin Jiu knows very well how difficult it is for private enterprises to apply for bank loans. Shenzhen Development Bank is the only bank in China that mainly provides operating loans to private enterprises, but the amount is generally less than 10 million yuan, and I have never heard of any such loans.
More than 10 million.
Obviously, Maofeng Tea Company was able to obtain a low-interest loan of up to 50 million yuan because Southeast Industrial was the guarantee.
Jin Jiu wanted to say that I wanted it too, but he quickly asked, "How much is the interest? How long is the term?"
"The annual interest rate is 3%, with a five-year period, interest first, then principal, and the principal will be paid off at maturity." Mao Feng said, there is nothing to hide.
The annual interest is only 1.5 million, which is no different from an interest-free loan.
Because factors such as currency depreciation and inflation have to be taken into account, at this interest rate, there is almost no room for banks to make profits. Five-year bank loans and loans obtained by state-owned enterprises from state-owned banks have an annual interest rate of about 6%.
Jin Jiu asked subconsciously, "Is it a mortgage loan?"
"It's nonsense. I can't borrow such a large sum of money even if I mortgage all my assets. Plus, with the guarantee of Southeast Industrial, they bear joint and several liability for repayment," Mao Feng said.
For Maofeng Tea Company, which is facing development bottlenecks, this 50 million Chinese dollar loan is enough to take the company to a big step. In the future, Maofeng Tea Company may become Maofeng Group.
With this money, plus the free funds of the enterprise, 30 million was used to build roads in Huilong Town, contract 10,000 acres of tea gardens and build factories here, which was more than enough. No wonder Mao Feng was so active.
Jin Jiu was silent, not knowing what to think.
"Lao Jin, are you interested in making the tea drinks that Assistant Yao mentioned? You and I will invest in a joint venture factory to produce this kind of tea drinks. I think it will be no problem to open up the market. The drinks on the market now are soda.
Mainly, it is aimed at young people, while tea drinks are suitable for the elderly and children. I think it is worth a try," Mao Feng said.
Jin Jiu pondered for a moment and suddenly said, "Have you ever thought about why Chairman Qi wants to help Huilong Town? Is Huilong Town his hometown? That's not right. He can definitely go back to his hometown to invest on his own."
Mao Feng said, “I’m not sure whether Chairman Qi’s hometown is this, but Chairman Qi said that Huilong Town is a natural tea farm and is very suitable for growing tea. Southeast Industrial has not been involved in this field, so it found me. As for him
Why you should spare no effort to help Huilong Town, I have no idea."
After being silent for a while, Jin Jiu said, "Let's not talk about these things, let's talk about tea and drinks. Is what Assistant Yao said reliable?"
"I think it's reliable." Mao Feng said in a deep voice, "I have learned that this person is not simple. He graduated from a prestigious university, and his tutor is an academician. You have also read the report. They are all national-level institutions. In fact,
That is a formula. As long as we invest in Huilong Town and decide to make tea drinks, the formula will be given away for free. Besides, we will know what the samples produced according to the formula are like when we go back to find a water factory to try it. The market is so
Let’s do another survey and entrust the water factory to produce a batch for us and put it on the market to try. If it works, we can produce it ourselves and expand the scale. If it doesn’t work, we can just grow and sell tea.”
When doing business this time, every aspect has been considered. How could it be possible to invest tens of millions of yuan just because of someone else's words? Even if that person is the famous Southeast Industrial Chairman Qi Junting.
Of course there are risks. If there are no risks in doing business, then what can be done so that there are no risks?
Jin Jiu hesitated and said, "I don't have much money. I can only spend three to four million at most."
Obviously, he was tempted.
Mao Feng had another meaning that he didn't say, but Jin Jiu had already thought that if he could establish a long-term cooperative relationship with Southeast Industrial through this investment, he would have a lot of money in the world in the future. But this requires Qi Junting's commitment, and it is best to be a public company.
It is determined by a written agreement with the public.
They are all human beings. Mao Feng naturally knew what Jin Jiu was planning. He smiled and said, "Three to four million is enough. If you are short of money, you can talk to Chairman Qi and ask him to help contact Shenzhen Development Bank."
I’ll give you a low-interest loan.”
"Will Chairman Qi agree?" Jin Jiu asked hurriedly.
Mao Feng smiled and said, "Chairman Qi said that anyone who is willing to invest in Huilong Town can ask him to help contact Shenzhen Development Bank to apply for a loan. However, the necessary procedures must be completed and the bank must review it."
"It's natural." Jin Jiu was obviously tempted and said without hesitation, "Mr. Mao, please help me contact you. I don't want more. I only need 18 million. I have long wanted to make small electromechanical products."
product, I have been suffering from insufficient funds. With this loan, not only can I produce tea drinks, I can also enter the production of small mechanical and electrical products."
Mao Feng said, "I'll have no problem contacting you, Lao Jin. Let's talk about it first. If you decide to invest in Huilong Town, you will have to bear part of the 30 million road construction fee. Assistant Yao means that it will be based on everyone's investment scale."
Let’s decide.”
At most, I can only put out two to three million. If I can get a loan of ten million, it’s nothing.