Chapter 644: Snake Swallows Elephant
As the saying goes, good news doesn’t travel far, but bad news travels far and wide.
The son of the chairman of the Dahua Pharmacy chain is a playboy with a good reputation.
Now that He Youlong has hired an army of internet trolls to spread rumors, no one will doubt it.
So, a person's reputation is still very important.
If you ruin your reputation and something goes wrong in the future, you will definitely be blamed for everything.
He Youlong's methods are definitely more than just these.
After he made headlines about the news that the reserve funds of the Dahua Pharmacy chain were squandered by the chairman's son, he immediately struck while the iron was hot.
He instigated more than 20 pharmaceutical companies to go to Dahua to collect payments.
The Dahua Pharmacy chain is a large business with more than a thousand stores, and its monthly expenses are extremely staggering.
Including rent, water, electricity, employee salaries, cargo damage, etc.
Because of the purpose of revenge, they wanted to severely damage Shennong Group and Yanhuang Pharmaceutical. They forcibly terminated the contract with them and paid a large sum of money. The company's cash flow immediately shrank a lot.
Then, the suspension of sales of several drugs from Yanhuang Pharmaceutical directly led to the pharmacy losing out in the two retail areas of bone injury drugs and weight loss drugs.
Other areas have also been affected to a certain extent.
This was like adding and its working capital suddenly became extremely tight.
Dahua's approach would kill one thousand enemies but lose eight hundred of its own.
But it's Chairman Zhang's fault for being so angry and wanting to take revenge.
Perhaps in Zhang Jingguang's view, it was well worth it to lose eight hundred lives in order to kill the enemy.
But he never expected that he would fall directly into He Youlong's evil trap.
More than 20 pharmaceutical companies went to collect payments, and their timing was very accurate.
It happened to be the second day after Dahua paid its employees’ salaries.
Dahua pays its employees’ salaries on the 15th of every month, while those pharmaceutical companies choose to collect their debts on the 16th.
This is a life-threatening situation for the Dahua Pharmacy chain, which is already short of working capital.
Where is the money to pay these pharmaceutical companies?
There was no other choice but Chairman Zhang had to come forward in person to explain the situation to the twenty-plus pharmaceutical companies and promise to settle the bill with them in a week.
Because Chairman Zhang knew very well that if the matter was made a big deal, it would be tantamount to telling everyone that the Dahua Pharmacy chain was indeed in a financial crisis.
By then, it won’t be just these twenty-odd pharmaceutical companies that will be collecting debts, but possibly two hundred pharmaceutical companies, or even more.
And the landlords of those stores are not easy to deal with either.
"Boss, we have been business partners for many years, and Dahua has never defaulted on your payment. Today, you came in such a hurry that the finance department couldn't prepare it in a short time. How about this? You don't have to come next week, and I will let the finance department transfer the payment to you."
Chairman Zhang is a man who has seen many ups and downs.
I was not scared by the debt collection from these twenty or so pharmaceutical companies.
First, he played the emotional card, saying that everyone had been partners for many years and there was no need to make such a fuss.
Then make a commitment to settle the payment next week.
Under normal circumstances, he believed that after playing these two cards, things would be settled.
Unfortunately, he didn't realize that among these twenty-plus pharmaceutical companies, there were people hired by He Youlong to cause trouble.
"Chairman Zhang, don't treat us as fools. In fact, the fact that we are all sitting here today means that we already know what happened in Dahua. Dahua is in trouble now, and none of us wants to see it.
It's not easy for us to run a pharmaceutical factory.
Purchasing raw materials, maintaining production equipment, employee salaries, doctor kickbacks, and advertising all require money.
Don't play any tricks on us. Just pay off our payment today and we'll leave immediately.
If it doesn't end, the media reporters will be waiting outside to expose the Dahua Pharmacy Chain's explosive news. Hehe, we don't need to say how serious the consequences are. "
The person who spoke was the leader, naturally the one invited by He Youlong.
"Yes, settle all our payments today and we'll leave immediately."
The bosses of other pharmaceutical companies echoed in unison.
In the face of interests, they formed an alliance of interests.
Today we have to work together to get the payment for the goods.
Because everyone understands that if Dahua really goes bankrupt, they will make money if they settle the payment for goods before other pharmaceutical companies.
No big loss.
Other pharmaceutical companies will lose all their money.
"Everyone, today is really inconvenient. It's just for one week, can you please give me some face, okay?" Chairman Zhang also realized that these people had bad intentions.
"If face can be used as money, we will definitely give face to Chairman Zhang. Unfortunately, face is worthless. If we can't get the payment for the goods, the pharmaceutical factory will have no money to pay the wages. Who will give us face then? The employees will just ask us for their wages."
Another boss said in a rough voice.
Chairman Zhang's forehead was already beginning to sweat.
Just then, the door of the reception room was opened and reporters swarmed in.
The flash lights shone brightly on Chairman Zhang’s face.
"Chairman Zhang, is the Dahua Pharmacy Chain really in financial crisis?"
“Excuse me, are all these pharmaceutical company bosses here to ask for payment for their products?”
"I heard that your son gambled away 500 million yuan in one go and came back with nothing but his underwear. Is this true?"
…
Reporters are called poisonous tongue women.
Their questions were not only tricky, but also sharp.
Faced with these difficult questions, Chairman Zhang could only smile awkwardly.
After the crazy reports from media reporters, negative news about Dahua Pharmacy chain began to fly all over the place.
What about the Dahua Pharmacy Chain's current financial deficit, and the bosses of many pharmaceutical companies personally came to collect debts? And then there were photos of more than 20 pharmaceutical company bosses collecting debts.
This was a serious matter. After the news spread, other pharmaceutical company bosses who were originally on the sidelines became anxious.
If the Dahua Pharmacy chain is really going to collapse, they will never get their money back for their goods.
So, just as Chairman Zhang had expected, more than 200 pharmaceutical companies rushed to the headquarters of Dahua Pharmacy Chain to collect debts.
At this point, the Dahua Pharmacy chain is doomed.
Unless Dahua can raise funds and get a large amount of financial support, it will be possible to survive this wave.
Chairman Zhang sat in his office, feeling extremely anxious.
He never thought that the Dahua Pharmacy chain would collapse so quickly.
Faced with wave after wave of debt collectors, Chairman Zhang felt extremely desperate.
Because the bank has also made it clear that it will not lend him any more money.
In addition, the bank has become the first to apply to the court for property preservation.
Banks are the ancestors of the financial world, and they must find ways to recover the money they have lent out.
It will not allow a large amount of bad debt to be generated.
The bank stopped lending him money, his property couldn't be sold, and his former friends all avoided him.
As soon as I mentioned the word "borrowing money", he would either hang up immediately or say, "Hello, hello, hello, bad signal."
Chairman Zhang is now in complete despair.
It is estimated that if Dahua Pharmacy Chain cannot obtain financing or borrow a large sum of money, it will definitely go bankrupt.
Those employees will join the team demanding wages one by one.
…
In the office of Huier Hospital, Li Quan was approving a batch of purchased materials for the hospital.
The cell phone rang at this moment.
After watching it, I realized it was He Youlong who called.
It was nothing important. A busy man like He Youlong would not call Li Quan to chat.
There must be something wrong.
"Brother He, I guess you called me because of good news." Li Quan said with a smile.
"Haha, you guessed it right. I really have something great to tell you. Didn't I mention to you last time that I wanted to take over the Dahua Pharmacy Chain? Now is a good opportunity."
He Youlong laughed.
"Oh, tell me about it!"
Li Quan was excited. Being able to swallow up Dahua meant that his assets would also surge.
He didn't understand this kind of capital operation, but he just followed He Youlong to make big money.
"Chairman Zhang of Dahua is in urgent need of a large sum of money to solve the financial crisis of Dahua drugstore chain. But the bank won't lend him money, and his relatives and friends are even less likely to lend him money.
In other words, he couldn't borrow money.
They could only watch the Dahua Pharmacy chain collapse.
At this moment, he is like a drowning man. If I extend my hand to him, do you think he will accept it?"
He Youlong is indeed a cunning businessman, and he schemes against Chairman Zhang in every way.
"He not only accepted it with pleasure, he was absolutely ecstatic."
Li Quan also said with a smile.
Li Quan was quite happy that he was able to deal with Chairman Zhang.
"Haha, when did Brother Li become so venomous!" He Youlong was in a good mood and laughed again. "Brother Li, let me tell you one more thing. The market value of Dahua Pharmacy Chain is estimated to be at least 100 billion. But if you and I join forces, we can acquire it at less than 10 billion. And you and I will become the absolute controlling shareholders."
With one tenth of the funds, you can swallow up such a large pharmaceutical retail company.
I really admire He Youlong's abilities.
"Brother He , can you tell me how you spent 10 billion to swallow up the Dahua Pharmacy Chain? This is one of the best pharmaceutical retail companies in the country. Even if Zhang Jingguang is stupid, the price of selling the company as a whole would be much more than 10 billion."
Li Quan didn't understand the ins and outs of it.
It's like we have ten dollars and want to buy something worth a hundred dollars.
The seller doesn’t have to sell.
"You probably don't know this. I found an agent and invested 4 billion to finance Dahua Pharmacy in the form of equity. However, my 4 billion will account for 51% of Dahua Pharmacy's shares."
A controlling stake of 51% means actual control over Dahua Pharmacy.
"With an investment of only 4 billion, you want to own 51% of Dahua's shares. Can Zhang Jingguang agree to this?" Li Quan didn't believe that Zhang Jingguang would agree to such a thing.
Li Quan felt that only a fool would do that.
Because this is a company with a market value of 100 billion.
“He could only agree.
Because he refused, he couldn't borrow any money.
If we agree, we can at least borrow 4 billion, and then get through the current crisis. Then we can make a comeback. If we don’t agree, Dahua Pharmacy Chain will die.”
He Youlong analyzed the details in detail.
"After you and I purchased 51% of Dahua's shares for 4 billion, we also gained control of the company. By then, Zhang Jingguang would have just paid off the company's debts and was preparing to make a big move to get back on his feet.
But don't worry, I won't give him a chance to stand up. I will use my control over Dahua to force Zhang Jingguang to resign. By then, I won't even need 6 billion to buy out the remaining shares in Zhang Jingguang's hands. This will make Dahua a snake swallowing an elephant."
After hearing what He Youlong said, Li Quan couldn't help but tremble all over.
Capital kills people without shedding blood and eats people without leaving any bones.
When it comes to medical skills, Li Quan is quite good at it.
He knew his own limitations when it came to business, and he had made up his mind that he would at most be an investor, earning dividends without doing anything every year.
I never think about starting a company or getting involved in the operations of those big companies.
"Brother Li, wait for my good news. I will settle the 5 billion you transferred to me after this matter is concluded. This time, we have agreed that you and I will each own half of the shares."
He Youlong contributed 5 billion, and then Li Quan also contributed 5 billion.
Swallow the Dahua pharmacy chain.
The shares were split in half.
The two of them look a bit like notorious bandits.
This time, Li Quan must have made a fortune.
The market value of Dahua Pharmacy is 100 billion, and if he gets half of the shares, that would be 50 billion.
With only 5 billion yuan invested, he swallowed up assets that were ten times his own. It was too fast to make money.
…
Inside the headquarters office building of Dahua Pharmacy Chain, the desperate Chairman Zhang finally found his savior. Someone was willing to invest 4 billion yuan to provide him with financing.
However, the conditions for the proposal are somewhat harsh, as the shareholder must hold more than half of the company's shares.
Chairman Zhang hesitated again and again, and finally agreed to this unfair deal with blood and tears.
In fact, there is no fairness in the world.
Then, Chairman Zhang got the 4 billion yuan financing as he wished, and began to pay off his debts with a proud look on his face. He also made a big publicity to the outside world, telling everyone that the Dahua Pharmacy Chain was alive again.
Just when Dahua Pharmacy was showing signs of improvement, the person who held a 51% stake in the company took action.
The first thing was to ask to repair the relationship with Yanhuang Pharmaceutical and Shennong Group and resume cooperation.
Chairman Zhang was shocked and angry after hearing this, and shouted, "No, absolutely not. My Dahua Pharmacy fell into financial crisis because it was unwilling to sell drugs from Yanhuang Pharmaceutical.
A good horse never turns back to the pasture it has been built on. Now you are actively seeking cooperation with them. Isn't this slapping yourself in the face?"
Chairman Zhang firmly disagrees with this plan.
Where does this put him?
Why did Dahua Pharmacy suffer so badly a while ago? Wasn't it because Chairman Zhang wanted to take revenge?
"Director Zhang, you have to understand that I am the real decision maker of the company now. I have to repair the relationship with Yanhuang Pharmaceutical and Shennong Pharmaceutical and start cooperation again.
And I'm going to send you to do this.
Yanhuang Pharmaceutical has said that you must come in person to admit your mistakes and make amends before they will consider cooperating with our company again."
The current chairman of Dahua Pharmacy is an agent found by He Youlong.
"What? You want me to come and apologize in person? I will never agree to that even if I die."
Director Zhang is now only a director of the company. No matter how shocked and angry he is, he is powerless to stop it.
We can only engage in this kind of meaningless struggle.
"Director Zhang, you must go. If your non-cooperation causes the company to suffer significant losses, you will be required to compensate the company for the losses."