My Wealth is like a Deep Sea
Chapter 570
"I don't know if Mr. Yang has been waiting for me for so long, is there something urgent that I need to help me"
After entertaining a few people to sit on the sofa and let people serve tea, Yang Long asked directly.
If someone can wait for one day with oneself, it shows that there is something to find oneself.
It is not an important event, and will not make such a sincere act.
He also didn't need to make those polite greetings. It's better to ask people straightforwardly. If you can help, you can do it.
Seeing Yang Long took the initiative to speak, Yang Shoucheng didn't have any ambiguity, and said frankly: "Mr. Yang, it is true that I am here to ask you to borrow a loan to turn our company's capital gap."
Yang Long asked: "Oh, I don't know how much money Mr. Yang needs"
Borrowing funds is a common thing for large companies. After all, not everyone has as much liquidity as the financial industry.
Even when the financial industry with a lot of liquidity also needs to borrow, when the money is invested in the stock market, futures, and securities markets, it also needs to borrow when it needs to add goods.
He has also heard about Yinghuang Group’s funding gap. After all, Yinghuang Group’s core business is real estate, and the real estate industry is one of the industries that most need money.
Although the watch industry is the cornerstone industry of Yinghuang Group, Yinghuang Group is not just a watch manufacturer but an agent of the world's top watch brands.
Although making money is solid, it does not provide too much liquidity for other industries. At best, it is just a middleman.
The entertainment group had gained a lot in the early years and made a lot of money for the development of Yinghuang Group, but now the movies of Xiangjiang are in the same downturn.
It's not that Yinghuang Entertainment Group has expanded to the mainland for a long time, and it is not much different from the market before Asia Telecom.
Moreover, the entertainment group itself is a very money-burning industry.
"I need three billion Hong Kong dollars!"
"Mr. Yang, this time I originally wanted to use the company's equity as a collateral to seek a loan from Chada Bank, but Chada Bank can only give me a loan of 1.5 billion Hong Kong dollars, and I need to pledge 5 billion Hong Kong dollars worth of equity. !"
"Even if I make a personal credit loan, I can only borrow at most 800 million Hong Kong dollars from Chada Bank, and I also need to mortgage 2 billion Hong Kong dollars worth of equity!
Yang Shoucheng was a bit difficult to say, but he was also very frank.
Because being in circles with Yang Long is of no use or benefit to him, the other party is a person in the financial world, or a top figure in the financial world.
He can't deceive others, and can't play with them. He has lost his reputation for nothing, but it is better to be honest and express directly.
In fact, the conditions imposed on him by the Chacha Bank are too harsh.
Going through the company procedures, the loan amount and the equity to be mortgaged have more than three times the ratio, that is, personal credit loans, and the ratio has more than doubled.
This is also the reason why he came to seek help from Yang Long.
With such harsh conditions, he really didn't want to find a bank loan for working capital when he was not a last resort.
Once the loan is not repaid, the mortgaged equity will become his fatal injury, and the company will have to be replaced at that time.
The chairman's position can no longer be seated.
150 billion loans, 5 billion mortgages!
800 million loans, 2 billion mortgages!
Yang Long frowned when he heard this sound. No wonder Yang Shoucheng came to ask for his help, and his tactics for checking the bank were indeed a bit cruel.
Generally speaking, the ratio of 2.5 times to 28 times of corporate loans is relatively reasonable, while the ratio of personal loans is generally around 2 times.
As for why not to find other banks, it is very simple. The top banks in Hong Kong are Chada Bank and Huifeng Bank. They are not top banks, and ordinary banks have not dared to borrow so much money at once.
After all, three billion Hong Kong dollars is not a small sum.The dispute between Huifeng Bank and Yang Shoucheng is also a bit deep.
It is estimated that Chada Bank saw these points before daring to make a big offer.
Yang Long asked: "Then how much money do you plan to borrow from me, Mr. Yang,
"Mr. Yang, if you give me a loan/payment of 2 billion, I can mortgage you 3 billion shares of Yinghuang Group, and I will also pledge to you Yinghuang Entertainment Group and Yinghuang Group which are worth 2 billion. Real estate group, Yinghuang Watch Company and many other companies’ equity."
"I heard that you acquired Asia Telecom before. I can pledge to you 30% of the equity of Great Eagle Entertainment Group."
"It would be better if you could invest in our Eagle Emperor Entertainment Group."
Yang Shoucheng said, looking at Yang Long expectantly.
The reason why he came to Yang Long for a loan was that Yang Long himself had considerable wealth, and what was more important was that he saw a loan opportunity from Yang Long's acquisition of Asia Telecom.
Asia Telecom, a mess that is about to go bankrupt, the other party bought it all, and it took a lot of effort to make ten scenes of secretive drama.
This shows that the other party really wants to enter the film and television entertainment industry.
Even if a mess like Asia Telecom can be acquired, then the Yinghuang Entertainment Group in his hands will be even more loved by the other party.
Ying Huang Entertainment Group's Yang Long Meiyu moved slightly, his eyes bright and clear.
He understood why Yang Shoucheng dared to come to him when he had no personal relationship with him.
It turned out that I wanted to use Yinghuang Entertainment Group to bait myself, one to lure myself into the bait.
But what the other party said, he really wanted Yinghuang Entertainment Group.
In terms of TV drama, Asia Telecom has a solid foundation, which is unmatched by Ying Huang.
But in terms of movies, the background of Yinghuang Entertainment Group is also unattainable by Asia Telecom.
In addition, Asia Telecom is mainly involved in TV stations, and Yinghuang Entertainment Group also highlights the core of music, and it owns five music brands.
Moreover, the most important thing is that after many years of losses, Asia Telecom is unable to match the talent and popularity resources that Yinghuang currently has in terms of artists and popularity.
If it can be filled by Yinghuang Entertainment Group, the two sides will complement each other's advantages, which will have a very beneficial effect on his expansion in the entertainment circle.
After thinking about it, Yang Long shook his head and said, "Mr. Yang, your offer is good, but I have better suggestions.
"Mr. Yang, if you can come to me to show your trust and frankness in me, then I will just say that the Eagle Entertainment Group under your company is pretty good. How about selling it directly to me."
Hearing what Yang Long said, Yang Shoucheng's eyebrows moved.
Yang Long's answer to him is not bad as he guessed. The other party is indeed full of interest in the film and television entertainment industry and has the idea of entering the industry.
But what surprised him even more was that the other party was not satisfied with the 30% shares of Yinghuang Entertainment Group, and the other party wanted more.
The other party wants the entire Yinghuang Entertainment Group
While Yang Shoucheng was thinking about it, Yang Long continued to say
"Mr. Yang, as far as I know, the core industries of your Yinghuang Group are real estate hotels, jewelry, and watches."
"Although entertainment is also one of your company's core businesses, now your company's entertainment industry has made little profit."