Ye Lingtian took a puff of cigarette and waited for Wang Li to continue to say. "They only have three companies left behind now. Chengying Hotel, which is the most pillar of Chengying Group. This is definitely not sold. If this is sold, the entire Chengying Group will be equivalent to being destroyed. Therefore, although Chengying Group has difficulty operating, Chengying Hotel is still the pillar of Chengying Group. However, all Chengying Hotels have been closed and one-third of the hotels have been bought. In addition, the real estate companies and department stores under Chengying Group are still operating normally, and the other other selling and splitting have been sold by Chengying Group. By the way, there is still a resort project, worth tens of billions. This project is currently restricted by us, the local government and banks, and has been frozen. They can no longer transfer it. Otherwise, Chengying

The group must also transfer it to raise funds to maintain the operation of the other three major industries." Wang Li continued. "Mr. Ye, I want to explain it here. According to the order you gave me at the beginning, Chengying Group will naturally not be allowed to sell its assets. However, after my discussion with Wang Li, we felt that it was difficult to rely on other means to prevent Wang Gaoyuan from selling things. After all, in order to maintain Cheng

Wang Gaoyuan has already lowered the price. Instead of stopping it, we might as well acquire it ourselves. So, the other assets and companies sold by Chengying Group that Wang Li just mentioned were actually taken over in the end. "Liu Shangrong said quickly here. "Yes, some were acquired through the company I set up as you ordered a few years ago, and some were acquired through other partners' companies. Then I bought it back from them again with the company I founded. At present, these Chengying Group have been sold.

All the assets are in our name, and I have arranged for people to start restructuring and investing in these acquired companies and assets. It has improved a lot and has been operating normally." Wang Li nodded.

"How much did it cost?" "The total amount of money was spent in 3 billion yuan. The money was spent from the 10 billion you gave me. Of course, this business is very profitable. If the total value of these assets is estimated according to the normal market conditions, it should be around 70 to 8 billion yuan. Of course, this is worth so much in our hands. If someone else might not be worth so much, it is worth a penny in the current Chengying Group. So although Chengying Group feels a big loss in this business, they have no choice in their current situation. From our perspective, we will definitely make a big profit. In addition, if we do not acquire, then all these assets and companies will go bankrupt and become worthless. At that time, we will take over all Chengying Group, and these assets will also be our losses. Therefore, I think the acquisition is actually the most important

What I got was also to ensure the integrity of Chengying Group." Wang Li explained to Ye Lingtian.

"Well, you did it right, it was right. That is to say, at present, we have paid Chengying Group 3 billion, and Chengying Group has taken the 3 billion yuan to do what did Chengying Group do? Did you say that you are paying off the debt? Paying the bank's debt or?" "It's not the bank's debt. Of course, some of them are paying off the bank's debt, but not all. Due to the increasing employee wage arrears and the supplier's wage arrears, the entire Chengying Group's headquarters was blocked every day. In the end, the government couldn't bear to take action. The government took action. It was also the government's forced action that Wang Gaoyuan had to bear the pain and sell so many assets to us at a price of 3 billion yuan. Most of these 3 billion yuan were used to pay the employees' wage arrears and the supplier's debt. Some of them were returned to some banks that had expired for a long time, and he didn't beat the rest to death.

There is another one, to keep the remaining three companies running." Liu Shangrong replied.

"According to what Wang Li said before, Chengying Group is now supported by Wang Gaoyuan, Wang Yi Industrial and Xuri Real Estate. So, the reason why there are still real estate companies and department stores left is related to Wang Yi Industrial and Xuri Real Estate? "Yes, according to the internal news I know, what Wang Li advocates to retain is Chengying Hotel Company. After all, this is its foundation and the foundation of the entire Chengying Group. Wang Yi Industrial not only accounts for 30% of the department stores under Chengying Group, but more importantly, the development of their company has long been closely related to this department store and is integrated, which is an important part of their company's development. If this department store is sold, it will be a big blow to them. The significance of Chengying Group to Xuri Real Estate and the department store

The significance of the company to Wang Yi Industry is basically the same, so it is not that Chengying Group does not want to sell, but because Wang Yi Industry and Xuri Real Estate cannot sell." "Wang Yi Industry and Xuri Real Estate do not have that much money to acquire all the shares from Chengying Group. These two companies are also the largest shareholders of Chengying Group. In recent years, our suppression has not only lost Wang Gaoyuan. The losses of these two companies are no less than Wang Gaoyuan. The operation of their company is also very difficult, so how can we get the money to acquire it?

I can't buy it back and cannot sell it. Therefore, over the past period of time, the three people have discussed that in order to maintain Chengying Group and to maintain the operation of these three companies, the three people have increased their holdings of the corresponding companies and increased their holdings to maintain the operation of their respective companies. Almost Wang Gaoyuan, Wang Yi Industry and Xuri Real Estate have invested hundreds of millions of dollars in it, otherwise these three companies will not be able to hold on. After all, Chengying Group has become like this, Chengying Ji
Chapter completed!