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Chapter 63 Liquidation Meeting

The news that Dafa Real Estate was investigated quickly spread throughout Haining City, and all its projects and subsidiaries were seized.

The assets related to it were immediately frozen. Not only that, the company's senior management and scattered shareholders were taken away for investigation.

The most unlucky one here is probably Jiang Jianhua. He, the legal representative and company president, has not worked for a month, but has been imprisoned. He really has no place to cry.

This news was broadcast at night, and the people just thought it was fun.

After all, there are hundreds of companies of Dafa Real Estate in Haining City, and such news will be released from time to time. Everyone has been numb for a long time and will naturally not cause too many troubles.

Compared with the investigation by Dafa Real Estate, people care more about entertainment news such as which male star has a mess with relationships between men and women, and which director has unspoken rules for female star.

However, institutions that invested in Dafa Real Estate Company in the early stage and those banks that borrowed loans could not sit still.

If you invest real money and silver, you won’t even get the interest, and you may even lose your principal, and no one can stand it.

These people are not ordinary people, either relying on the interests of state-owned enterprises, or local business giants and big profits and tax investors.

They would not go to the deputy mayor's ribbon-cutting site like those migrant workers to yell slogans to seek justice.

The news quickly spread that Dafa Real Estate was investigated and punished by someone. It was Tang Yan, who had just taken office as deputy mayor.

The new official took office for three fires, and the first fire burned before his butt was heated, and he caught a group of big men from institutions or banks off guard.

Immediately, a special person went to the city to negotiate and asked for the batch auction of fixed assets of Dafa Real Estate to repay debts.

Paying off debts is not a casual matter. In today's environment, everything must be carried out in accordance with laws and regulations.

The city soon held an internal consultation meeting on the Dafa Real Estate storm.

All the participants were from Haining City. The director of the Taxation Bureau first reported the results of the battle at the beginning of the meeting.

After their overtime review, the Dafa Group did evade taxes, but the amount was not large, just tens of millions, and even if the fine was added, it would not reach hundreds of millions.

The tax situation is good, but the relatively bad one is the debt problem.

Dafa Real Estate has extremely high debt ratio and has long passed the three red lines. After liquidation, the fixed assets are as follows.

It includes a two-story office building located on Chia Road, a store department of its subsidiary Dafa Agency, BMW, Audi, Mercedes-Benz and more than ten official cars.

The company has allocated thirty residential villas to senior leaders, and in addition to several external equity claims.

Of course, the most valuable thing is Binhai Sunshine City located in Qingshan District. After the explosion, this project was basically unfinished, but the land was valuable.

The price of the purchase was nearly 500 million yuan. In the past two years, the municipal government has vigorously developed Qingshan District, and this land has also increased a lot. Its current value is around 700 million yuan.

There are only so many things, and it is definitely not enough to repay all foreign debts, so there is a problem of order.

The top leader of the municipal party committee quickly threw out this problem.

Deputy Mayor Zhao Yaohui said: "Dafa Real Estate's behavior is too bad, causing such a serious loss of state-owned assets."

"I think we should take the lead in filling in the loss of state-owned assets."

As soon as this proposal was made, everyone nodded and said that the biggest creditor of Dafa Real Estate was China Construction Bank, with a loan amount of 1 billion yuan.

If we do not take the lead in repaying this part of the debt, we may even be affected by the economic situation in Haining City.

Just when everyone agreed, Tang Yan expressed different opinions.

"We should do things based on the people-oriented concept. The Dafa Real Estate Breaking Incident has a wide range of areas and has a bad impact among the masses."

"I think the salary and labor insurance expenses should be repaid first, and then the compensation should be made in sequence."

This proposal was quickly recognized by the top leader of the municipal party committee, and everyone nodded in agreement.

There was another question afterwards, that is, who will preside over the repayment work.

Zhao Yaohui, who had just suffered a defeat, immediately recommended Tang Yan. He smiled and said, "Deputy Mayor Tang ordered an investigation of Dafa Real Estate, and the results are very significant."

"I think there should be a beginning and an end, and she should continue the work later."

Seeing this, the secretary smiled and asked Tang Yan: "Deputy Mayor Tang, what do you think?"

Although Dafa Real Estate is a hot potato, Tang Yan still did not hesitate and immediately agreed to the arrangement.

She just took office and was a time when she needed grades. If she could handle this matter properly, she would have gained a foothold in Haining City.

The municipal party committee meeting was soon over. Zhao Yaohui congratulated Tang Yan and then took his secretary back to his office.

As soon as he sat down, Secretary Wang Baorong asked with a worried look: "Mayor Zhao, Director Tang of CCB just called and said he wanted to ask us to help recover the loan."

"Did you agree?" Zhao Yaohui asked with a raised eyebrows.

Wang Baorong quickly replied: "Without your approval, how could I agree?"

"Yes." Zhao Yaohui nodded with satisfaction and said, "It's better not to have any problems like this. You don't care about Xiao Tang anymore, so as not to cause trouble."

Wang Baorong is naturally not a stupid person who can achieve the position of leadership secretary, so he immediately understands the meaning of the leader.

Praise: "Mayor Zhao, you are really far-sighted. You have already decided to throw the debt repayment on Tang Yan."

It turned out that Zhao Yaohui had already had an idea, so he deliberately raised the issue of taking the lead in repaying the debts of state-owned banks at the meeting.

Sure enough, Tang Yan jumped out immediately, and he followed suit and threw the hot potato of Dafa Real Estate over.

.........

In the credit department of Zhongshan Road Branch, Li Mao is handling a housing loan contract for a young couple.

The two had just gotten married and were preparing to buy a new house in a joint venture at the request of the woman. The location was selected in Huahai Community, the old city.

Although it is an old second-hand house, the housing prices are not low, and it costs a total of 1.2 million yuan.

The down payment ratio of personal housing loan is 30%, and the couple are teachers from a primary school in this city.

If you use provident fund loans, the pressure to repay the loan will be much less.

I thought this order could be settled as soon as possible, but I knew that the couple had a dispute over the lender.

The woman asked to use the man's provident fund, while the man asked to use the woman's provident fund. When the argument was so big, Yuan Hong suddenly ran down from the upper floor.

He leaned into Li Mao's ear and whispered: "The branch notify you of going to have a meeting."

"What meeting?" Li Mao asked curiously.

Yuan Hong hurriedly called Jin Xiaoqin to take over the procedures on behalf of Li Mao, and then said: "The follow-up meeting of Dafa Real Estate's storm."

"I heard that Vice President Sun, who is in charge of credit business, was furious and criticized Vice President Xu and President Su."

After the explosion, the Zhongshan Road Branch had a difficult time. In the past few days, it was approved by the superior unit and even the certificates for over-completed tasks were collected.

Now Sun Qian is going to convene the following people for a meeting again. Could it be that the government has a repayment plan?
Chapter completed!
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