199 Bought four large villas of Yinhu Villa in Shenzhen and acquired Shenzhen Textile Industry Group!(2/3)
I don’t know how many property speculations and how many unemployed people cut off their supply.
The current price of villas here is 12,000 to 14,000 per square meter, which is a little bit expensive compared to other others.
Time flies, and we all looked at it for two hours, and saw four villas in total.
Wang Guanxi said, "Dad, cousin, I bought all of them, one is owned by yourself, where is the other one?"
"Okay, I also think housing prices will soar in the future."
"It's certainly true. Hong Kong just plummeted and then surged. That was the case in 1998."
The four villas are all separated, but not far away. The average area of each building is 1,200 square meters. The discount is 12,000 yuan per square meter, which is a total of 58 million yuan.
I bought it in one breath!
The sales ladies were so happy. This was the first time they bought a villa in recent months. They sold 4 villas at one time. She was so happy.
Seeing Wang Guanxi, the young master, say he bought four buildings in one breath, and then his parents really bought them. Now she wants to go to sleep with this young master tonight.
"Sir, Madam, you guys are here for a moment, I'll be back soon." Then the sales lady hurriedly left.
Mo Yunzhen said, "I will live here from now on, and I don't want to leave anymore."
Wang Junming also said: "This is indeed a good place."
Wang Guanxi asked: "Dad, mom, will you live in Shenzhen Stock Exchange in the future?"
Wang Junming nodded: "It should be that way. Your cousin and I plan to buy Shenyi Industrial Group."
He has been a middle-level executive of Shenzhen Textile Industry Group, which has gone bankrupt.
However, in the first half of the month after the bankruptcy, he was suddenly promoted to vice president.
Zhou Hongtian, chairman of Shenwen Industrial Group, knew that he had money, so he wanted him to invest in the company, but he was not that stupid and just waited.
Now Shenwen Industrial Group has actually gone bankrupt. Bankers and suppliers come to the company to ask for money every day, and the boss Zhou Hongtian himself is also in debt.
Shenwen Industrial Group cannot borrow much of the loan itself.
But he was short of money, so Zhou Hongtian mortgaged his house, car, and several luxury houses himself.
I also borrowed a lot of money from my friends to fill this bottomless pit, but it was over.
There are not many orders anymore, and the employees can't afford their salaries. Many employees outside the company are making trouble and need to pay their salaries, and the company's finances are no longer financially.
The bank will soon take over the entire Shenzhen Textile Industry Group!
Originally, the valuation of Shenzhen Textile Industry Group was 500 million yuan, and it was a considerable foreign trade group in Shenzhen. The factory size is quite large, but what about now?
No one wants it at all!
How much can those machines and factories be worth?
Especially the boss Zhou Hongtian, he took out a loan to pay his salary, suppliers' payments, and bank loans.
I just hoped to carry it over and the economy would improve, but 90% of the orders suddenly disappeared, and now it was completely over.
The group company also purchased a lot of raw materials and produced a lot of products. No one wanted them, and selling them would also cost money.
Because of Shenwen Industrial Group, Zhou Hongtian is in debt of 40 million yuan, while Shenwen Industrial Group is currently in debt of 10 million yuan and still owes employees' salaries.
Over the past few days, Shenzhen Textile Industry Group has not been able to borrow money at all. Because of the huge losses and the large-scale disappearance of the order, Zhou Hongtian has less than a penny to borrow money from the bank, and the bank instead comes to collect money.
So Zhou Hongtian had to carry it himself, borrow money everywhere, mortgaged his car, and house, but he still couldn't fill this huge pit!
The most fatal thing is that the order disappeared 90%. The factory, which originally had 2,000 people, suddenly stopped production. Because the salary could not be paid, the Shenzhen Municipal Government also paid 40% of the salary.
"Dad, then you can buy it now, and it won't cost much," Wang Guanxi said.
Wadezhou said, "Well, we have already agreed to buy it. We spent 4.92 million yuan to take over the bank's debts. The government and the bank have also communicated. They hope that we will try to lay off as few employees as possible in the future."
Wang Guanxi asked, "How many employees are there in the factory now?"
Wadezhou said, "Around 1,200, but the factories have all stopped production. Everyone has gone apart. These 1,200 people are probably waiting for wages. Some of them are still selling their products from the factory."
At this time, Wadezhou said, "I think there are 50 people left, let them go home first."
"There are no orders now, and it's useless to be anywhere every day. We are not here to fill in the pit. If there is still no order at that time, wouldn't we keep filling in the money?"
"We will lose all the money by then. Who can help us, right?"
Wang Junming nodded and said, "Yes, but the company still has some small orders at present, and it seems that it is about 50 people."
Wang Guanxi said, "Buy it first, and then decide according to the actual situation."
"Okay, I'll call Zhou Hongtian." As he said that, Wang Junming called his former boss Zhou Hongtian.
Zhou Hongtian is now in debt and plans to run away, but he holds it back and stays at home and doesn't want to go anywhere!
This Shenyi Industrial Group will do whatever it wants, just do whatever you want!
After receiving Wang Junming's call, he immediately rushed to Yinhu Villa. Originally, Shenfang Industrial Group was not worth much, and the bank would take it away immediately.
But now if you sell it, you can get 4.92 million.
He took the 4.92 million yuan and could hide for a while.
He invested in real estate and suffered heavy losses. He invested in many stocks, but also suffered heavy losses. He did not intend to buy these stocks and ended up with them.
But he had no money to pay his friends, so he had to hide.
After everyone signed the equity contract, Zhou Hongtian sighed and said, "Oh, Lao Wang, you are still powerful. Futures trading is developed. I have been in a factory for ten years and it will be over in an instant. I regret it, so I shouldn't have filled this huge pit."
Because of the accumulation of products, orders disappeared, banks collected loans, and housing prices also fell sharply.
He also invested in real estate himself, and the stock market failed, all of which were trapped and his capital chain was broken.
The company owes the bank 10 million and it also has 40 million in debt. Now it is really desperate.
Wang Junming also comforted Zhou Hongtian.
At this time, Wang Guanxi said, "Mr. Zhou, I suggest you continue to stay in Shenzhen Textile Industry Group. How about being the general manager?
In this way, you can also get a salary. It is difficult to find a job now and it is difficult to start a business.
Although you have 4.92 million yuan, you still have so much debt. It’s better to continue working here and serve as president, with a dividend of 5% per year.
If the economy improves and Shenyi Industrial Group goes public in the future, it will give you 10% dividends every year. What do you think?"
Wang Guanxi knew that Zhou Hongtian would rise again after two years of silence in the future and become the chairman of a listed company. Now he will directly trap you here.
Then Wang Guanxi continued to fool him: "Mr. Zhou, you work hard, work hard, and work hard. In a few years, you can pay off your friend's debts."
Wang Junming and Wadezhou didn't say anything about Wang Guanxi's proposal.
It’s not that Zhou Hongtian is incapable of ability, but is unlucky and encounters such a crisis.
The outbreak of the US subprime mortgage crisis led to the collapse of US real estate, and the orders of customers continued to decrease, eventually disappearing 90%. The company has been expanding, resulting in a break in the capital chain.
When Zhou Hongtian heard this, he immediately said excitedly: "Really?"
Wang Junming said, "Old Zhou, you keep staying there. If you are still the president, I will be the executive director, and my cousin is the chairman.
We have known each other for so many years. You have been kind to me over the years. I don’t want to see you hiding everywhere.”
"Everyone works hard. If the economy improves in the future, Shenwei Industrial Group can still do it. If you make a net profit of 200 million yuan per year, you will get 10 million yuan in dividends, bonuses, and wages, and you will be able to pay off your debts soon."
Zhou Hongtian said gratefully: "Old Wang, then thank you, thank you so much."
All the employees abandoned him, and Wang Junming did not abandon him. He also bought Shenwei Industrial Group and allowed him to continue to serve as president, giving him a high annual salary and bonus.
He was so lucky that he was very moved.
"Dr. Wang, Mr. Wei, thank you."
"Don't be so polite"
Wei Dezhou: "No need to say these things, Lao Zhou is doing it well. Although I am the chairman, I feel relieved about you. I believe in your ability."
Wang Junming also said: "I used to do technology, management, and operation will be left to you."
Then we had dinner and drank together in the evening.
This time I bought two Range Rover and Land Rover and spent more than 6 million yuan, bought four large villas and spent 58 million yuan, and then bought Shenzhen Textile Industry Group and spent 4.92 million yuan.
Then he lost 10 million yuan in bank loan from Shenyi Industrial Group.
Continue to inject RMB 30 million in Shenzhen Textile Industry Group.
At the same time, the remaining 1,200 people were disbanded, leaving 200 people. These 200 people are elites. Because there are no new orders, each person will be given an average of 2,000 yuan per month.
There is also a small production line that requires 50 people, and this is how the entire Shenyi Industrial Group is.
Reduce operating costs to the lowest level, and the monthly expenses are still nearly 500,000 yuan, and 30 million yuan can resist 60 months, which is 5 years!
Of course, Wang Junming and Wadezhou both made a driver in the group company that specialized in driving, and the car was a Land Rover Range Rover.
The original two Mercedes-Benz A-Class were placed in the group company as the company's cars.
After spending so much money, there was still 6 million left. Wang Junming and Wei Dezhou each took 3 million, and then used it to decorate two self-occupied villas and buy some high-end furniture.
Mo Yunzhen couldn't help but sigh: "This money was spent so fast."
"After configuring the furniture, you will not be able to spend much money left after decorating it."
To be continued...