Chapter 281 Huaihai Investment Company (seeking the moon)
Facing Yu Qingyang's questioning, Feng Xiaochen was helpless.
"Mr. Yu, you know that just because HSBC is a major international bank, the board of directors is not so peaceful!
A director who had a dispute with the Mu family teamed up with several directors to deny this loan!"
"Mr. Feng, can the board of directors interfere in the normal operations of the company at will?
Our two families have signed a contract!
Strategic partnership is not just talk!
If you, HSBC, just go back on your word, how can we talk about strategic cooperation?" Yu Qingyang was not satisfied with Feng Xiaochen's explanation.
The board of directors decides on major issues involving the company's strategic direction.
Loans worth hundreds of millions have to go to the board of directors for approval, so board members don’t have to do anything else!
"Mr. Yu, maybe I didn't make it clear just now!
Our strategic cooperation will not be affected!
For example, for this loan, what the board of directors denied was a direct loan to Butan City, not a loan to Huayu Investment!
This involves the issue of a loan entity!
Our company has a credit limit for Huayu Investment. Within this credit limit, no approval is required and loans can be made directly!
If the credit limit is exceeded, Huayu Investment needs to provide asset certificates and follow the normal loan process!" Feng Xiaochen explained patiently.
"Then what is the credit limit of our Huayu Investment?"
“The credit limit for Huayu Investment is one billion US dollars!
Huayu’s investment plans within this amount do not need to be reviewed by the review department!”
"So according to what you mean, the Butan City project can only be loaned to Huayu Investment, but cannot be directly loaned to Butan City?"
"Yes! We can provide loans to Huayu Investment, and then Huayu Investment will negotiate with Butan City on how to repay it!
Of course, our investment banking department will track the investment projects of Huayu Investment afterwards!
For example, Huayu invested in building a road in a certain city in a certain country.
Our investment banking department will conduct follow-up audits on Huayu Investment’s income from this project, and evaluate the other party’s repayment ability, investment risks, etc.!
These will affect future credit limits!”
Listening to Feng Xiaochen's explanation, Yu Qingyang smiled bitterly.
Risk, it was because the risk of investing in the Ajigeria artificial lake was too great that he asked HSBC to directly lend money to Butan City.
It was agreed before that we only need to wait for Yu Qingyang to come up with the preliminary design plan, and then we can start the tripartite talks between HSBC, Huayu Investment, and Butantan City.
Who would have thought that the board of directors of HSBC would become a victim of internal strife and intrigues.
Now the arrow is on the string and must be fired.
The matter of the artificial lake has become dirty. At the very least, Huayu Investment has broken its trust with its customers, and at the most serious level, it has affected the friendly relations between the two countries.
Once it reaches the level of affecting the friendly relations between the two countries, it is no longer a business behavior of the company, but a political event.
Maybe Butitatan City has no objections. At best, they are disappointed and will look for other cooperative enterprises.
But, domestic!
The Mu family has enemies on the board of directors of HSBC and business rivals.
Zhang Hua and Li Yifei also have enemies and political enemies.
This is a darker place than a shopping mall, and it does everything possible.
Using Yu Qingyang to attack the two families is not impossible, but something that will definitely happen.
"Okay! We at Hua Yu Investment invest ourselves!" Yu Qingyang said through gritted teeth.
After being tricked, Yu Qingyang had to grit his teeth and admit it.
"Okay, Mr. Yu, how much credit do you need?"
"Quota? I don't need it! Since your HSBC Bank is unwilling to lend money to Butan City!
Then we, Huayu Investment, invest ourselves!
We don’t need a loan from HSBC!” Yu Qingyang refused directly.
Are you kidding me? You want me to use your loan?
There are no windows!
After hanging up Feng Xiaochen's phone, Yu Qingyang called Xue Qin.
"Aunt Xue, have you eaten?"
"I've finished eating already!
Are you busy on the phone at this time?
By the way, how was the negotiation today? Did it go well?"
"Haha! Very good! A total of 4.4 million was spent to acquire 100 square kilometers of land!
There are two barren mountains covering an area of 90 square kilometers!
Including prospecting rights and mining rights!”
"Bought it for 4.4 million? It's so cheap!" Xue Qin exclaimed.
"It's not bad! The land here in Ajigeria is very cheap!
The main reason is that the three links have been completed on the land owned by Company W!
So it’s more expensive!” Yu Qingyang briefly introduced the situation before getting down to business.
"Aunt Xue, I remember that Huaihai Engineering Corporation has no financial relationship with Huayu Investment, right?"
"Yes, Huaihai Engineering Corporation and Huayu Second Construction Group are only administratively under the jurisdiction of Huayu Investment and have no financial relationship!"
"So that means that the 10% shares of Huayu Investment purchased by HSBC do not include the shares of Huaihai Engineering Corporation and Huayu Second Construction Group, right?"
"That's strictly true!"
"That's good! Aunt Xue, tomorrow morning you can arrange for someone to register a Huaihai Investment Co., Ltd.!
I reported to the department to transfer the administrative jurisdiction of Huaihai Engineering Corporation to Huaihai Investment Company!"
"Yangzi, what happened?" Xue Qin asked worriedly.
"Feng Xiaochen from HSBC just called me!
HSBC rejects plan to lend money to Butitain City!
There is no peace in their board of directors, dogs bite and cats bite!
So we have to leave a way out!
Eggs cannot be put on one plate!”
"I know! I will arrange for someone to do it tomorrow and sort out the finances of the two companies to make the financial relationship between the two companies clearer!" Xue Qin is very supportive of Yu Qingyang's decision.
Registering a Huaihai Investment is actually a team and two brands.
As long as the financial situation is clear, no one can find fault with it.
"One more thing, please contact the four major banks. Regarding investment in Ajigeria, I plan to get a loan from the four major banks!"
"Okay, I'll contact President Bu and the others tomorrow! It's not a big problem!
But if you invest in building an artificial lake, how do you calculate the return on investment?"
"I haven't thought about it yet! Anyway, this investment has been made now, and I have to keep investing even if I have to keep my teeth!"
It’s nothing more than repaying it with the financial revenue of the Butita City Government or using mineral resources or the like!”
"You have to think carefully! I don't know the situation in Ajigeria, and I can't give you any advice!" Xue Qin said with concern.
"I know Aunt Xue, I will think carefully and will not make a decision blindly!" Yu Qingyang responded with a smile.
After discussing with Xue Qin on the phone for a while, Xue Qin also talked about some company matters.
After chatting for nearly an hour, the call ended when Sun Jian came over to remind Yu Qingyang that it was time for dinner.
There was no talking all night, and early the next morning, the group left the geographical glass and returned to the camp.
"Dean Fei, this is your dormitory, two people per room, a bit simple!
When we move to the new base in a few days, the conditions will be better!" Yu Qingyang first led Dean Fei to the dormitory to settle them down.
Then he took everyone around the camp to get familiar with the environment.
I finally came to the conference room with everyone.
Yu Qingyang gave the collected raw data, including the preliminary design plan he led Cheng Yaozeng and Zhao Jianhua to Dean Fei and others.
"Mr. Yu, have you come up with the preliminary planning and design?" Looking at the preliminary planning and design drawings, Dean Fei didn't know what to say, so he said dryly after a long time.
They came to Ajigeria with joy and a sense of mission.
It turned out that the preliminary planning and design had been completed!
We even made a budget estimate!
All you need to do is stamp it!
This is really shocking!
"Haha! Dean Fei, Brother Wang, you are experts, I am just doing the tricks here, I still need you to do the specifics!
I am just trying to catch up with the progress, there is no other way!" Yu Qingyang explained with a smile.
Letting people travel thousands of miles to come here, only to go through a procedure and have them sign and stamp on the drawings is something that is easy to say and not easy to hear.
There is no way to explain it openly.
“Mr. Yu, I saw that the preliminary planning and design were very thorough!
You are all experts in construction and have more experience than us!" Dean Fei said with a dry smile.
"Dean Fei, Brother Wang, look at what needs to be modified!
If not, I will take this to negotiate with the Butitan City Government tomorrow!
Looking back, the construction drawings still depend on Dean Fei and your overtime work!
Hurry up and get it done!" Yu Qingyang sensed the change in Dean Fei's attitude and urged him half-hardly.
I am Party A, and I did the preliminary planning and design myself. What’s wrong with giving you money to put your name on it?
What else are you dissatisfied with?
The construction drawing design is still left to you, and you don’t have to worry about taking risks.
Preliminary planning and design is just a plan.
It is a preliminary implementation plan for a project and does not involve structural safety issues.
Therefore, there is generally no risk in preliminary planning and design.
There are also risks in decision-making, which have little to do with your design institute.
If you keep gibbering, I won’t even need you to sign and seal it!
There are many design institutes in China that are willing to sign and stamp my name.
“Mr. Yu, let’s understand the situation first!
Don't worry, I promise it won't delay your use tomorrow!" Dean Fei assured with a dry smile.
After all, Dean Fei is a scholar-type cadre, a leader with a technical background. Although he is relatively smooth in dealing with people, he has his own principles when it comes to work.
It's no problem for you to ask me to sign and seal it.
But I have to see if your planning and design drawings are reasonable first.
"Okay, you guys study it first, I'll go out and take a look!" Yu Qingyang did not continue to force them to sign immediately.
Anyway, as long as it doesn't delay your use tomorrow, it'll be fine.
The land transfer contract must be signed in Butitain City.
Changes involving land ownership, exploration rights and mining rights must be handled at the government departments of Butitain City.
And of course there is transaction tax.
Taxes in Ajigeria are relatively high.
Even if the contract is negotiated in Ajigeria, even if both parties to the transaction are not Ajigerians, the transaction items are not in Ajigeria, and the transportation does not pass through Ajigeria, taxes will still be paid.
Yu Qingyang's plan was to do two things at the same time.
After signing the contract, we went directly to Butita City Government to negotiate investment in building an artificial lake.
Dean Fei led the backbone of the design institute to carefully study the preliminary planning and design plan provided by Yu Qingyang, and ultimately found no faults.
Only then were the preliminary planning and design drawings signed and sealed.
The next day, Yu Qingyang took the design drawings and estimated the budget and took a car to Butan City.
It is closer to Butan City from the camp, which is a three- to four-hour journey.
A Hummer opened the road ahead, with four heavily armed security guards sitting on it.
Yu Qingyang was sitting in the second Hummer, and Sun Jian's driving assistant Qiao Lili was sitting in the co-pilot.
Absolutely full of style and style.
When we arrived at Bu Taitan, it was already noon.
There are many local delicacies in Ajigeria, but unfortunately, most of them cannot be enjoyed by Yu Qingyang.
In other words, the barbecue is okay!
It should be quite adequate.
It tastes very good.
We found a relatively high-end barbecue restaurant and had lunch.
In the afternoon, I met with the lawyer and went to Butita City Hall together. Company W and Company G had already arrived.
After the lawyer checked the contract and found that there were no problems, he signed the transfer contract in the presence of city officials and registered the transfer of land ownership.
After a series of procedures were completed, two pieces of land with a total area of more than 100 square kilometers were owned by Huayu Investment.
It should not be owned by Huaihai Investment Company.
The legal person of the newly registered Huaihai Investment Co., Ltd. is also Yu Qingyang.
Because the company has not yet completed registration, the contract is temporarily signed in Yu Qingyang's personal name.
The ownership is nominally owned by Yu Qingyang.
Of course, the transaction is not completed until the signature is completed. The entire transaction process is completed only when the money is transferred to the other party's account.
After signing the contract, Yu Qingyang called Xue Qin to pay the two companies.
After seeing off the representatives of the two companies, Yu Qingyang went to the mayor's office under the leadership of Jasler.
"Hello, Mr. Yu!" Mayor Ronald opened his hands to Yu Qingyang enthusiastically.
"Hello, respected Mayor Ronald! Nice to meet you!" Yu Qingyang smiled and hugged Mayor Ronald.
Ajigeria usually shakes hands as a gesture, and hugs are only given to more distinguished people and those with better relationships.
"I heard that Mr. Yu purchased a hundred square kilometers of land?"
"Yes, I am very optimistic about the future development of Ajigeria!
Based on the principle of friendship between China and Algeria, I also hope to contribute a little to the development of Algeria!
So I plan to invest in building a cement plant with an annual output of 10 million tons near Butitai City!"
"A cement plant with an annual output of 10 million tons? I am really grateful to Mr. Yu for his support of our country's economic development!
May God bless you, my Chinese friend!" Ronald said, stroking his chest and bowing to thank Yu Qingyang.
You should know that the current annual cement output in Ajigeria is less than 30 million tons.
This is equivalent to a sudden increase of more than 30%.
How many jobs can such a large factory create? How much tax revenue can it generate?
After some pleasantries, Yu Qingyang took out the preliminary planning and design drawings he brought and handed them to Mayor Ronald with both hands.
"Dear Mayor Ronald, this is our company's preliminary planning and design drawing for the artificial lake. Please take a look!"
"Okay, please wait!" Mayor Ronald took the drawing and handed it to Jasler without looking at it.