Chapter seven hundred and twenty-four embarrassing financing
Mr. Li, you have too much appetite, right? Even if you open your mouth to ask for 500 billion, you are taking the money too seriously!
Are you so optimistic about the African Development Group?" Yu Qingyang said with a smile.
"We are not optimistic about the African Development Group, we are optimistic about you, Mr. Yu!" Governor Gao answered with a smile.
"I love hearing what Governor Gao says!"
"Since you like what you heard, then consider increasing the financing amount?" Manager Li continued the topic with a smile.
"Of course I would like someone to give me money, but why would I need so much money?
The construction cost of the Zambezi Hydropower Station has been agreed upon long ago, and the Export-Import Bank of China will provide a full low-interest loan!
I can't even spend 500 billion to build a railway, a highway, a dock, etc.?" Yu Qingyang shook his head and smiled.
"You can invest in other countries! For example, Rwanda, Libya, Zambezia, Nigeria, etc. are all fine!
Five hundred billion, converted into US dollars, is only over 40 billion. Africa is so big, it is not easy to digest?" President Li continued to confuse Zhang Junping.
Banks not only collect and issue loans, they also have their own investment banking departments. One of the businesses of the investment banking department is agency financing to help companies with financing.
State-owned banks cannot directly hold company shares. What President Li and others are competing for is actually the agency right to finance.
The 1% of shares they acquired before were actually not held by the bank, but the stocks they purchased to help customers manage their finances.
"Dear Gods of Wealth, even if I raise 500 billion, I can't possibly hand it over to you as my agency!
One hundred billion is already the limit!
If this limit is exceeded, the nature of the company will change!
But it is no longer a state-owned enterprise, but a private enterprise with state-owned assets holding shares!
A three, I'm leaving!" Yu Qingyang simply threw out the three in his hand and walked away.
"Dr. Yu, what age are we in now? Why are you still so obsessed with this?
Didn’t Mr. Deng say that it doesn’t matter whether the cat is white or black, as long as it catches mice, it is a good cat!
What about state-owned enterprises? What about private enterprises? As long as it is conducive to the development of the company, why bother with the nature of the company?" Governor Gao persuaded with a smile.
"That's right! Look at Lenovo, if it gives up state-owned asset control and goes public, won't it develop very well?" President Zhao also persuaded.
"Hua Yu and Liaison are different and cannot be compared!
They can give up their status as state-owned enterprises, but Hua Yu cannot give up!" Yu Qingyang shook his head decisively.
Just kidding, can Hua Yu and Lian Liang be the same?
Huayu has been able to develop so rapidly on the African continent not only because Yu Qingyang seized the good opportunity, but also because it is a state-owned enterprise and has the country behind it.
It seems that Hua Yu's development in Africa has nothing to do with the country and does not receive much support. In fact, many times, there is no need to do anything specific. A strong national identity is the greatest support.
Huayu African Development Group mainly deals with African governments. As a state-owned enterprise, it plays a very important role!
This effect is invisible!
Look at the relatively good companies developing in Africa and occupying a large amount of resources in Africa. Which one does not have a powerful country behind it?
What makes Chinese companies go global is not how awesome the company is, but how awesome China is.
Seeing that Yu Qingyang refused to let go, President Li and others stopped trying to persuade him.
It's pretty good to be able to get half of the financing amount. They have already exceeded the tasks assigned by the head office.
In the rest of the time, everyone concentrated on playing cards and enjoying their leisure time.
Life is relatively fair. They have this lofty social status, but they also sacrifice a lot of things, such as private space and time for leisure and entertainment.
Not to mention working from nine to five, but also on Saturdays and Sundays, how many of those big leaders and bosses of big companies can enjoy this?
Yu Qingyang competed with the presidents of the five major banks for the sake of work.
After the talks with the five major state-owned banks were completed, Yu Qingyang successively received several state-owned holding companies.
More often than not, individuals found Yu Qingyang through various connections and wanted to participate in this financing.
For these individuals who were found through connections, Yu Qingyang always pushed them to the five major state-owned banks and asked them to go directly to the bank to buy shares.
These people are naturally not ordinary people who can obtain information in such a short period of time. It is not a big deal to reserve shares in advance from within the bank.
After receiving several groups of visiting customers, Yu Qingyang found himself in an embarrassing situation.
Because the valuation is too high, Yu Qingyang limits it to only state-owned enterprises.
The financing of Huayu African Development Group is not as good as I thought among state-owned enterprises.
In other words, it is popular but not popular!
Many people found Yu Qingyang through connections, but when they heard that the valuation was one trillion, most of them immediately withdrew.
Not many people really have intentions and take action.
Only a few companies such as Provincial Investment Corporation, CITIC Holdings, SDIC, and Sinopec have clearly expressed their reasons for accepting the financing plan of Huayu African Development Group.
These companies invest more than a billion, but only a few hundred million, which is far from the financing quota of 100 billion.
For example, the Provincial Investment Company of Dongshan Province, under pressure from the State-owned Assets Supervision and Administration Commission, invested 500 million, accounting for 0.041% of the shares.
Even those who invested the most did not account for 1%.
There is no way, who made the African Development Group too big!
Since they were unwilling, Yu Qingyang could only take the initiative and contact those state-owned enterprises to discuss financing matters.
Yu Qingyang has even considered that if no company is willing to raise funds, he can only transfer Huaihai African Building Materials Company back to reduce the size of the African Development Group.
…
Yu Qingyang’s first stop was the Magic City. As the economic capital of the country, there are not only many multinational companies and large private enterprises here, but also quite a few powerful state-owned enterprises.
However, Yu Qingyang was not familiar with these companies, so he could only use the Modu City Government to help match them.
We can only find Deputy Mayor Sun, whom we are most familiar with, to be the intermediary.
"Mayor Sun, this is the situation!
The future of Huayu African Development Group is definitely bright, and the road ahead is broad..." Yu Qingyang told Vice Mayor Sun the truth about the situation.
After listening to Yu Qingyang's words, Vice Mayor Sun pondered for a while before speaking: "Director Yu, I think you have fallen into a misunderstanding!
First of all, does your newly established Huayu African Development Group need 200 billion in funds?
Does Huayu really need financing?
The reason why you limit state-owned enterprises is that in addition to the need for development funds, I think it is more that you hope to have more partners!
When looking for strategic partners, it is naturally more reliable to find our own shareholders as partners!”