Chapter 338 Begins Preliminary Research System
Chen Yan is also a man of strong action, so after this idea came to his mind, he immediately took out his mobile phone and found the phone number of Dong Hongtu, the chairman of Fenghua Group, which he had left a few days ago.
The phone was dialed and rang for more than ten seconds before Dong Hongtu answered it.
He seemed very busy over there, and the noise was very noisy.
"Hello? Is this Mr. Chen?"
He said apologetically, "I'm sorry. I was busy here just now, so I'm late in answering the phone."
Chen Yan had a very good impression of Dong Hongtu. In his evaluation, he was a businessman who was quite shrewd but also very down-to-earth. During the conversation, he could tell that he had a lot of ideas and was much more reliable than his son.
Even though Fenghua Group seems to be in a certain crisis now, Chen Yan still feels that with his connections and strength, he should be able to get through it.
So Chen Yan did not act arrogantly just because he was Party A. Instead, he said politely, "It's okay, it didn't take long."
He paused and said, "I called you this time mainly to ask you, has your group's financial crisis been resolved?"
Dong Hongtu had mentioned this topic to Chen Yan when the office was handed over last time, so it was not too abrupt for Chen Yan to ask this.
Hearing Chen Yan's question, Dong Hongtu smiled bitterly and said, "Not yet. It's really a mess right now."
After listening to this, Chen Yan said, "Then I might be able to help you."
"I've been thinking about it these past few days, and I'm actually a little interested in Fenghua Building. So I want to talk to you about it. I wonder if it's convenient for you now?"
Hearing Chen Yan's words, Dong Hongtu's eyes lit up immediately on the other end of the phone, and he quickly said, "Convenient, convenient. I'm in the building now, I'll come to see you?"
Chen Yan said, "Sure. I'm on the 16th floor. I'll wait for you at the elevator door."
After the two agreed to meet and talk, they hung up the phone.
After hanging up the phone, Dong Hongtu, who had been frowning, suddenly showed a happy expression on his face.
As the chairman of Fenghua Group, he is the only one who knows how serious the group’s current predicament is.
In the real estate industry, most companies have high leverage and high debt ratios.
This is how the industry works. So when he first started his company, he did the same thing as these companies: he mortgaged, borrowed money, acquired land, and continued to mortgage, borrow money, and acquire land.
This allowed his company to grow rapidly like a snowball, but it also caused his company to have a very high debt ratio and be particularly dependent on cash flow operations.
Over the years, he has been trying to find ways to reduce the company's debt ratio and minimize the company's risks.
However, the industry was developing and competitors were competing, which kept him going and he had no way to stop.
So, before he could achieve this goal, something happened to him.
In a project last year, he was backstabbed by a competitor, resulting in a large amount of his cash being tied up in that project.
Once the cash flow became tight, the operation of his other projects was also affected, which further affected his cash flow.
The impact on the project and capital flow was transmitted to the bank's risk control. Coupled with the covert actions of his opponents, his new loan approval was reduced. The entire enterprise became more difficult. A large number of loans and projects were in his hands, and he had to pay huge interest and losses every day.
So in order to revive the entire business, he could only piece together money from everywhere, trying to borrow money and raise money to get through this difficult time.
At first, he thought about asking for help from the wealthy circle in Qindao and borrowing money to get through this difficult time.
But when he thought about it, borrowing money from the bank was borrowing money, and borrowing money from the wealthy circle was also borrowing money. It was still a debt, and there was still a very high interest rate, which did not help his current situation.
So after hesitating for a few days, he finally rejected this solution and decided to make a bold move: not borrow money but sell assets directly.
In Fenghua Group, the most suitable asset to sell is its headquarters: Fenghua Building.
After all, these were the few assets of their company that had not been mortgaged, and they were worth a lot of money.
As a result, who knows, a few months passed and no one was interested.
With no other options, in order to help the company overcome the difficulties more quickly, he could only temporarily mortgage the building to the bank and borrow cash to solve the urgent problem.
As a result, after waiting for a few more months, his business did not turn the corner, but only got slight relief.
After his headquarters was mortgaged to the bank, no one was interested in it.
Although both are cash, one is a large amount of cash, and the other is a loan from a bank, which requires high interest payments every month.
Therefore, Dong Hongtu wanted to sell his building every day.
Later, Chen Yan bought two floors of office building.
This is also the only buyer in this year.
That's why Dong Hongtu attaches so much importance to Chen Yan.
After all, his group is in a very difficult situation right now, and is almost at the end of its rope.
So, after receiving Chen Yan's call, he really ran downstairs, wanting to reach an agreement with Chen Yan as soon as possible.
Soon, the elevator went up from the 12th floor to the 16th floor.
When the elevator door opened, Dong Hongtu also saw the person he wanted to see most during this period: Chen Yan.
As soon as he saw Chen Yan, he came up to him with a smile and reached out to hold Chen Yan's hand.
Chen Yan shook hands with him, took him to his conference room, and then talked about buying the building.
The two did not talk for too long. With the powerful weapon of [Inner Earphones], Chen Yan easily knew Dong Hongtu's bottom line and then took control of the entire negotiation situation.
In the end, the two reached an acquisition agreement for Fenghua .
The Twin Hotel is a five-star luxury hotel located right next to the Fenghua Building. The two are facing each other and have a unified architectural style. It is considered the most outstanding work of the Fenghua Group.
Fenghua Building is 18 stories high, while Twin Hotels is 12 stories high, which is slightly shorter.
Previously, Chen Yan bought two floors of Fenghua Building for 75 million yuan. When he bought it for the second time, the price of the third floor was 84 million yuan. The price of each floor dropped from 37.5 million yuan to 28 million yuan. It was a 20% discount.
After this negotiation, the price of the remaining 13 floors was still discounted by 20%, and the price of each floor was reduced to 22 million. The total cost of 13 floors was only 2...8.6 billion.
So, after the discussion, Chen Yan thought about it. Anyway, the limit of his [Fixed Asset Cash Back Card] was 500 million.
There are more than 200 million left, so I might as well buy the hotel next door.
From now on, you can use it whether you are entertaining guests or you have had enough of staying at home and want to stay in a hotel.
Anyway, it’s all given by the system for free.
So, after some bargaining by Chen Yan, Dong Hongtu finally agreed to the price.
After all, he was in urgent need of money.
If he continues to drag his feet and cannot repay the loan, the bank will auction off his building and he will earn even less.
Now that he had 500 million in cash, he had at least solved his immediate problem. After paying off the loan for the building and adding the five floors he had sold before, he would still have more than 300 million left, which was enough for the group's turnover.
As long as there is one project that can be completed, his entire company will be revitalized!
So, even though Chen Yan's price was a bit low, he still agreed to it because it was above his psychological price range.
After the two sides reached an agreement, they started chatting casually.
During the chat, Dong Hongxiang seemed to have thought of something and asked, "Mr. Chen, how are you going to pay this time? Are you going to use overseas funds?"
Chen Yan was slightly stunned when he heard Dong Hongtu's words.
'return?'
'Overseas funds?'
Chen Yan keenly captured these two words.
"Could it be that...Dong Hongtu is talking about the two previous transactions of buying his five-story building?"
Chen Yan said calmly, "No. This time I'll use domestic cash."
Dong Hongtu smiled knowingly and said, "That's right. Your company is making too much money now, and you have to pay a lot of corporate income tax at the end of the year. So why not exchange it for assets? This way you will pay less tax."
Chen Yan corrected, "It's not my company's cash, it's my personal cash."
Dong Hongtu was stunned for a moment. Obviously, he didn't understand Chen Yan's action.
They are obviously your own assets, so why not avoid taxes?
What can Chen Yan say...
The system requires that the purchase be made by the individual. Only when the individual spends the money can the cashback be obtained.
So he said, "Well. It's my honor to pay taxes to the country."
Hearing Chen Yan's words, Dong Hongtu was stunned again, then smiled and gave a thumbs up, "Mr. Chen is our role model."
Chen Yan smiled and said nothing.
He is still concerned about Dong Hongtu and the "system" transaction.
He felt that this was an opportunity for him to take a peek at how the system worked.
So, he asked tentatively, "By the way, I forgot to ask you. What do you think of the person who represented me and traded with you the last two times? What do you think of him?"
At this point, Chen Yan added, "If it's not good, tell me and I'll go back and criticize him."
Chen Yan's words did not make Dong Hongtu suspicious.
He laughed and said, "Very good. Ms. Su is very polite and straightforward."
Chen Yan didn't show it on his face, but he was slightly confused in his heart.
'Ms. Su?'
"You even have a name?"
'Is this a memory implanted into Dong Hongtu's brain by the system, or does this person really exist?'
'What about overseas funds?'
'Are all transactions real?'
Chen Yan felt that cloud after cloud of fog was looming in front of him.
He seemed to have noticed something, but he couldn't analyze it.
He smiled in agreement and said, "That's good. I feel relieved then."
Because he was afraid that asking too many questions would arouse suspicion, Chen Yan asked a few more questions indirectly and then sent Dong Hongtu away.
Because he used the [Inner Earphones] during the negotiation and now he doesn't have the chance to use the [Inner Earphones] anymore, Chen Yan didn't go into the conversation in depth.
He planned to talk to Dong Hongtu again when he had time to get more clues.
At that time, we will follow these clues and find someone to check the overseas fund account to see what is going on.
Chen Yan always felt that if he continued to investigate along this line, he would discover many secrets.
The next few days were spent in busyness.
The news that Chen Yan had acquired Fenghua Building and Gemini Hotel quickly spread throughout the entire Qindao wealthy circle.
The wealthy have mixed opinions on Chen Yan's acquisition.
Some people said that Chen Yan had picked up a great bargain: if Fenghua Group had not encountered such a crisis, it would not have sold it at such a low price. If Chen Yan bought it at the market price, he would have to spend at least one-third more.
Some people also said that Chen Yan had made a losing deal. After all, these two buildings were both out of stock. Although they were valuable, not many people could afford them.
Qindao is a quasi-first-tier city with a relatively stable circle of wealthy people. Each family has its own headquarters and there is no need to purchase.
The emerging wealthy in China either stay in their hometown or go to first-tier cities such as Tiandu, Shanghai, and Shenzhen to make a living. They rarely come to Qindao to establish their headquarters. It is good to have one in a few years. There are very few buyers.
So they felt that these two buildings were not in demand and Chen Yan would be wasting money if he bought them.
However, if Chen Yan knew their thoughts, he would probably think that they were meddling in other people's business. Of course, he knew that these two deals had many drawbacks.
But this disadvantage is nothing compared to the full cash back!
Giving two buildings to Chen Yan for free, if this is considered a loss, then what is a profit?
Of course, the wealthy people in Qindao didn't know that Chen Yan had cheats. So because Chen Yan's spending behavior was not "reasonable" during this period, the wealthy circle in Qindao was even more pessimistic about the venture capital company that Chen Yan had established with Zhao Ying, He Mengxue, and Qin Ming.
They felt that Chen Yan was getting carried away.
The success in the gaming and film and television industries has gone to Chen Yan's head.
Just as Dong Hongtu's son Dong Shao said: Cross-border entrepreneurship is difficult, and venture capital is even more difficult. The success rate of such a difficult entrepreneurship is too low.
So, originally only the second generation of rich people in Qindao were waiting for Chen Yan to fail, but now even those wealthy people have begun to pay attention to Chen Yan, waiting for Chen Yan's venture capital company to fail miserably.
Even some wealthy people who had good relations with the He family called He Ruixue and advised her not to follow Chen Yan's nonsense anymore. Chen Yan's new company was likely to fail.
In the end, He Mengxue withstood the pressure and did not give in.
She even worked harder to prepare.
This not only allowed Chen Yan to see her resilience, but also made him more satisfied with her.
So, when He Mengxue started recruiting, Chen Yan lit a stick of [God-inducing Incense] to help her.
[Incense for attracting gods: Light this incense, and your company will become more attractive to talents. Duration: 3 days.]
When everyone was pessimistic, Chen Yan also wanted to achieve some results as soon as possible to show everyone!
Well... of course, in order to get the company back on track, we need to get Brother Ying out of here as soon as possible.
Because Brother Ying is so annoying!
Chen Yan has been annoyed to death by her these past two days
