Volume 8 Final Chapter Chapter 1236 The Trial of Leverage
"Grandpa, is it okay to be an internet celebrity?"
"It's not about good or bad. There is no distinction between high and low professions. Only the rewards are different." Nan Yi stroked Nan Zehang's head. "You little brat, you are so sneaky, even more cunning than your father when he was a child."
"Don't touch your head all the time, you won't grow taller." Liu Zhen, who caught up with him during the interval at the traffic light, scolded.
"Where did you hear that? Our Zehang has already been examined, and his predicted height limit is 1.92 meters. Is that not enough? How much taller do you want him to grow?"
Liu Zhen said angrily: "I told you not to touch it, so don't touch it. Why are you talking so much?"
Nan Yi turned his head and looked forward, no longer paying attention to Liu Zhen. You can't mess with a menopausal woman. If you say one word, she will have ten words waiting for you. If she is so angry that she will wake you up in the middle of the night and scold you, it's better to keep quiet.
When they got home, Liu Zhen went into the kitchen to cook, while Nan Yi and Nan Zehang sat on the sofa, one watching TV and the other using his mobile phone to browse the Wuwai shopping app.
Wuwai keeps pace with the times and also develops an APP, but it maintains its usual style and does not promote it vigorously to the outside world. It also has no public download channels and is only circulated in a small range. It focuses on service quality and does not pursue the number of customers.
Nan Zehang tapped on his phone and lowered his voice to Nan Yi, "Grandpa, please quietly put the things I ordered in my room when grandma is not at home."
"Got it. Help grandpa get the notebook."
After getting the notebook, Nan Yi logged into Weidou and typed in the text box: "Beware of the impact of the secret debt crisis of real estate companies under high leverage on the delivery of pre-sold houses." Just after writing this, he deleted all the words. It was not appropriate to mention the pre-sold houses. After a little consideration, he re-typed the text.
"During the rainy season, you may not know that it has been raining heavily all day upstream of the river, and a lot of river water is rushing in. Please try to stay away from the river.
To understand the operating conditions of a tofu workshop, one cannot just observe how many people eat tofu near the workshop. One also needs to understand the operating conditions and accounts receivable of the soybean supplier, whether the tofu workers have been owed wages, and whether previous wages have been offset by tofu, tofu dregs, soy milk, tofu pudding, or even tofu tickets.
If both phenomena exist, please beware of gray rhinos!!!"
As soon as Nan Yi finished writing the post, Nan Zehang, who had been staring at the screen, said, "Grandpa, are you alluding to the real estate industry?"
Nan Yi laughed, "How did you guess that?"
"You've been looking at real estate information recently." Nan Zehang said as a matter of course.
"You're smart. Do you want to eat chicken later?"
Nan Zehang curled his lips and said, "It's not fun. Grandpa, you are too bad. You always hold me back."
"Little thing, your dad dislikes me, and you dislike me too." Nan Yi said , but he was unable to refute. There was nothing he could do, he was just a novice but playful player.
After dinner, Nan Yi and Nan Zehang went to the original Feilong Internet Cafe. It was still at the same location, but the sign was gone. Feilong Internet Cafe had sold all its shares a few years ago and it was now owned by someone else . Hanging the Feilong sign again was an infringement of copyright. Now only people who surf the Internet still call it "Old Feilong".
Nan Yi is not after Lao Feilong to make money, so all computers are of top-level configuration, and they will replace the graphics cards as soon as they come out. An hour of Internet access costs only five yuan, and the cheapest membership card is two yuan. The Internet is always full, and only the two seats that are never open to guests are left empty.
What matters is the atmosphere. Losing hundreds of thousands every year is no big deal for Nan Yi.
The grandfather and grandson first played the game of Chicken Dinner, and finally played a few games of Tarkov. Nan Zehang almost dropped his mouse because of Nan Yi’s lack of strength.
Nan Zehang inherited Nan Wuwei's advantage of being able to easily learn anything, whether it is games, musical instruments, or sports, it is very easy for him to get started. Therefore, Nan Yi did not restrict what he played, but only forced him to sleep nine hours a day and get up at 5:30 in the morning, without fail.
Therefore, there is not much nightlife in the old villa now. People have to go to bed around eight o'clock. When Nan Yi can't hold it anymore, he will choose to go on a business trip.
As for getting up early, it is naturally for exercise. Eight-pack abdominal muscles are the symbol of Nan family men. Nan Yi has it, Nan Youqiong and Nan Wuwei have it, Nan Zebei and Nan Zehang must also have it. Nan Yi still stubbornly sticks to his own cognition. Fighting can be learned but not used, but one cannot be without the ability to protect oneself. One cannot wait until the day when it is absolutely necessary to use it and then be powerless.
In the park, people who get up early every day to exercise can see a child squatting in a hilarious horse stance and performing funny routines.
Nan Zehang specializes in ship boxing, which combines Qingtang boxing, Little Red Fist, Yue Family Hand, Little Golden Spear, Eight Tigers Breaking into Youzhou, Monkey Fist, Drunken Eight Immortals and other boxing styles. They were all from the southern canal transport gangs that used to escort ships. In the repeated life-and-death battles, they improved other types of boxing. Its characteristics are a stable lower body, with hands and feet always kept together, without big openings and closings, and emphasis on short, quick force in a small space. And one biggest feature is that it is ugly.
It's impossible to look good with your hands and feet tucked in, your horse stance squatted very low, and your butt sticking out.
The ship fist is suitable for use in a small space, such as the command room or aisle of a ship. Once it is used, it can completely kill anyone with a gun by surprise.
Zehang, Zehang, Nan Zehang is likely to follow in Nan Wuwei's footsteps. The world is ever-changing and unpredictable. He needs to master a secret Jedi counterattack killer.
An old man and a child were practicing boxing quietly in a corner of the park. Nan Yi was practicing Tai Chi, which was suitable for his age. After Nan Zehang performed a funny set of boat punches, he started practicing the second route of the small frame of Bajiquan. His moves were fierce and powerful. Anyone who saw them would think that this little brat could kill someone.
Not far from the two of them, a group of old ladies from a group of old ladies who dominated the park played music at full blast and danced to the routine of "Hot Girl". The old ladies gang had long been a source of public resentment, but no one dared to speak out. I still remember that at the beginning of the year there was a guy who played with whips, and the whips made such crackling sounds that he was chased away in less than two days. As for this group of old ladies... who would dare to complain?
After Nan Yi and Nan Zehang finished their boxing match, they came to the side of the old ladies and waited. There were two more songs, the sailor's dance and the three- or four-step dance, and one of them had to go to the execution ground.
This time, the old one retreated and the young one pushed forward.
Two songs, less than eight minutes long, Nan Zehang was beaten to the point of having no desire to live. He remained in a dead look until he was sent to school and revived with full health.
After sending the child to school, Nan Yi went to the Municipal People's Congress to attend a meeting. While eating in the cafeteria at noon, Yan Pannan called him and said that she was in Beijing. Nan Yi asked her to go to Jing Tea House and wait.
After dinner, Nan Yi and other consultants held an informal tea party. After the meeting, they leisurely went to Jing Tea House.
In the private room, Nan Yi saw Yan Pannan, who was well-dressed but looked haggard, with a pair of swollen eyes hidden under his glasses.
Nan Yi gave Yan Pannan a hug first, then sat opposite her and poured himself a cup of tea. "You came to me this time to borrow money, right?"
Yan Pannan nodded.
"How much?" Nan Yi brought the teacup to his mouth and said without comment.
"2.8 billion."
"I have the money, but are you sure that 2.8 billion can save Yuyan Group? Can it save you? Are you sure you have the ability to pay me back?"
Yan Pannan did not listen to Nan Yi's advice that year. She expanded by borrowing money all the way. The dividends she reaped from real estate in the early days led her to expand blindly. On the eve of the subprime mortgage crisis in 2008, she was using high leverage to conquer . By the end of the year, Yuyan Group's various debts exceeded 10 billion.
That year, Nan Yi stepped in to liquidate Yuyan Group's real estate projects and raised a sum of money to help Yan Pannan tide over the difficulties. However, Yan Pannan would not be able to step down from the position of chairman of the 10 billion group. After that, Yuyan Group did not shrink in size to focus on the jewelry field, but continued to maintain the group's structure by issuing bonds to replace old ones with new ones.
The debt kept snowballing, and the annual income of Yuyan Group was not enough to pay the interest on the debt. When the interest was overwhelming Yan Pannan, she still did not repent and signed a bet agreement to introduce capital and push Yuyan Group into the stock market.
After the listing, Yan Pannan's net worth exceeded 30 billion yuan, and she was included in the Hurun Rich List. She enjoyed the glory under the spotlight, and titles such as Meritorious Entrepreneur and Top Ten Economic Women of the Year were given to her for free.
Unfortunately, these false glories cannot change the fact that Yuyan Group and Yan Pannan personally have huge debts. Now, Yan Pannan comes to ask for help again, probably because they can no longer hold on.
Yan Pannan was speechless after Nan Yi asked three questions in a row.
After taking a sip of tea, Nan Yi said calmly: "The hole you dug is too big, I can't help you fill it. The economic situation has changed. It is not difficult to make hundreds of millions now or in the near future. It is not easy to make tens of billions from scratch.
At this point, I am not afraid of hitting you. You are not capable of filling the 60 billion hole, definitely..."
"54 billion." Yan Pannan corrected.
Nan Yi glanced at Yan Pannan and continued, "You and Chen Xun will become deadbeats from now on. At the very least, you will have to receive dozens of consumption restriction orders. Before it comes to that, hide some money to cope with your future life. Don't hide too much, or someone will get angry and not want your money anymore, and instead want your life."
There are no fools in the capital world. The gambling agreement signed by Yan Pannan was very clear. The original debt was separated from the listed assets. At least there are debts worth nearly the same as her net worth that she needs to bear personally. She has no right to talk about the limited liability company.
Bankruptcy and being forced to become a deadbeat are Yan Pannan's only fate. She herself sees this clearly. Nan Yi is not instructing her to hide money, but is warning her not to hide too much and not to anger her creditors.
"Brother Nan, you really won't help me?" Yan Pannan felt as if she had lost her parents.
Nan Yi shook his head. "Be rational. You know in your heart that no one can help you."
Yan Pannan is just going to go bankrupt, not die, so Nan Yi will not spend hundreds of billions to save her vanity. So what if she becomes a deadbeat? It won't stop her from enjoying a good life. No one will sell her kidneys for money, and how much money can be exchanged for? It is better to untie her and let her continue to make money, and get as much as she can.
Without Nan Yi's help, Yan Pannan could only return in disappointment and prepare to face his own trial.
