Chapter 102 Drawing fire from the bottom of the cauldron
Chapter 102 Drawing fire from the bottom of the cauldron
After spending three days in the city, I basically found out everything.
Jiang Ning even went to the competent department for consultation.
The problem is not small, but not huge, it’s just that there are a lot of debts.
The forest farm covers more than 3,000 acres, but has a debt of more than 40 million yuan. Even if the land has value, it is almost insolvent. There are also many historical problems, such as the ownership of some buildings, property registration issues, etc.
Old Yang also got a piece of news: "Jianhua is up to something."
Jiang Ning was surprised: "What's going on?"
Old Yang said, "I heard that Nanwan Forest Farm didn't know the supply price we gave to the two board factories. It was the people from Jianhua who told them. They also encouraged Nanwan Forest Farm to file a complaint, so the bureau issued a notice."
"Tsk tsk tsk..."
Jiang Ning didn't know what to say for a moment.
Old Yang smiled and said, "You are such a nice relative."
Jiang Ning nodded repeatedly: "Indeed, I don't know how many good deeds I did in my previous life to have such a good relative. Good, it is indeed very good. Nanwan Forest Farm must be acquired, no matter how big the problem is. From now on, there can only be one timber supplier in the whole city."
Lao Yang nodded and gave feedback to the bureau.
The bureau will study the matter and then report to the city.
The city has drawn up a plan and is waiting for a meeting to study it.
Jiang Ning did not stay in the city any longer. He didn't know how long he would have to wait for the city to make a decision after the meeting.
How can I keep waiting here?
Return to Bei'an and do some preparations first.
The first is the issue of money. The city does not owe the farm any money and will not give him thousands of acres of forest for free. Even if the forest farm is almost insolvent, it will probably cost a lot of money to take it over. The farm has sufficient funds and still has tens of millions in the account.
But Jiang Ning did not intend to use the farm's money.
Business cannot be separated from the operation of capital.
Although Jiang Ning didn't quite understand these things, everyone could think of using other people's money to do their own business.
The farm has not taken out a single penny of loan so far.
The bank presidents are almost impatient.
Get a loan and take over Nanwan Forest Farm. Wait until the trees grow a little next year, then try debt-to-equity asset swaps and so on. After the assets are liquidated, mortgage them and get a loan again to settle the farm's accounts, and then divest the assets.
Use different holding companies to hold shares.
Just like the New Town Hotel, if it fails and goes bankrupt, it has nothing to do with the farm.
Truly savvy businessmen will find ways to use the bank's money to expand their business empire.
Jiang Ning is actually not a qualified businessman. Initially, he just wanted to set up a farm for himself. He didn’t plan on making it too big or making much money. As long as he didn’t lose money, it would be fine. However, as time went by, he accidentally expanded it to its current scale.
Now that we have come to this, we can only let nature take its course.
I told the finance department and went to ask about the loan.
The finance department was quite surprised that the boss finally decided to take out a loan.
So I went to the bank where I opened my account and asked.
I found the account manager first.
The account manager was even more surprised when he heard this: "Xianling Farm is planning to take out a loan?"
The finance manager smiled and said, "The boss just asked me to ask, but I don't know whether the loan will be granted or not."
The account manager was immediately excited and asked, "That means there must be a demand for this." The account manager in charge of corporate accounts also has lending targets. He has been having a headache recently because he cannot provide loans to those who are short of money because the risk of bad debts is too high.
We will never lend money to high-quality companies, such as Xianling Farm.
That is definitely the top quality customer in the industry.
There are tens of millions of dollars in the account, but not a penny of loan.
The farm's land contains tens of billions of high-quality assets that can be mortgaged.
Unfortunately, he just refused to lend money.
Now I finally heard the good news...
The account manager said enthusiastically: "Come on, let me explain to you first, the process is like this..."
Sat for half an hour.
The finance department figured out the process and went back to report to the boss.
Jiang Ning listened and didn't say anything.
He just wanted to know if he could get a loan.
I don't care about the procedures at all.
That's a financial thing.
As long as I can get a loan, I will have an idea of what is going on.
After thinking it over, Jiang Ning had a few chickens and ducks slaughtered. He called his brother Jiang Hua and two cousins and went to visit his three aunts and get in touch with his cousins. The elders all praised the four Jiang brothers for being kind and polite.
I came out of my aunt's house that day.
Jiang Ze was very confused and asked Jiang Ning: "What's wrong with you recently? Why are you visiting your aunt when it's not a festival?"
Jiang Ning morally suppressed: "I haven't visited my aunt for many years. It's been a year. Is there anything wrong with my aunt?"
Jiang Ze didn't believe it: "Bullshit, I always feel like you didn't hold your fart well."
Jiang Ning said, "You took my kindness for granted. I gave you something to earn your favor, but you didn't appreciate it."
Jiang Wei also said: "I also feel that you have done something wrong."
Jiang Ning's mouth twitched as he harshly criticized his two cousins.
After waiting for a week, news came from the city.
We can talk, as long as the price is right.
South Bay Forest Farm is for sale.
Jiang Ning called on people from the company and went to Nanwan Forest Farm for a field survey.
Nanwan Forest Farm is located in the southeast corner of the city, five kilometers away from the city. You will pass by Nanwan Forest Farm when you go from Beian. Looking from the national highway, it is lush and green. This area is actually very good. There is a river passing by, so water is also very convenient.
Unlike the Fairy Farm, that was really poor.
All water comes from digging wells.
The road is also well built, with an asphalt road leading directly to the management office.
Called ahead to notify.
When we arrived at the downstairs of the management office, a group of people had been waiting for a long time. They were all cadres and staff of the forest farm management office.
After getting off the car and exchanging some greetings, we went directly to the forest farm for a visit.
Jiang Ning noticed that the management office had only three cars in total, and they were all old cars. This showed that the forest farm was indeed not well-off, otherwise it would have to have a few decent cars to show off.
Look at the cars they drive...
The forestry workers' faces were full of envy.
The forest farm covers an area of more than 3,000 acres, which is not small but not big either.
Only one-tenth of the Fairy Farm.
There are many tree species, but they were all newly planted in recent years. Not many of them have matured. The largest one is only as thick as a forearm, and no one has grown to the thickness of an arm. As for the ones like those in Xianling Farm that have a chest diameter of nearly 40 centimeters, there is no sign of them.
Jiang Ning asked, "Why are there only small trees and not a single big one?"
The head of the management office said: "It's difficult in the forest farm. We sell them when they grow to more than ten centimeters."
Jiang Ning asked, "How many people are there in the forest farm?"
The leader said, "31 people."
“How many are there for career positions and how many for workers?”
"There are 6 civil servants and 25 workers."
“If I acquire the forest farm, how will I arrange the staff?”
"We'll go back to the bureau and leave the workers to you."
Jiang Ning looked around and asked, then went back to the management office after a round.
A small building that looks quite old, probably a legacy from the last century. It looks shabby, with the cement outer shell falling off in some places, exposing the red bricks inside. It looks like a dangerous building and there is a worry that it will collapse.
It was a little dim inside, and the floor tiles had lost their shine.
The table in the conference room is still that yellow wooden table.
There weren't many people in the office building, maybe about ten.
Only a small number of workers are actually doing the work.
After a brief discussion, the heads of the management office were not very enthusiastic.
After all, the forest farm is going to be sold off and they will have no place left.
No matter how poor the forest farm is or how much debt it owes, it is not their own debt.
As long as the forest farm is still there, we can continue to stay here.
Once the forest farm is sold, it is still unknown where the products will be placed.
They are already old, and they can't get a chance to work in a good company. No matter where they are assigned, they will just be left out. They also have to adapt to the new environment. The difficulties involved make me worried. How can I be enthusiastic?
Jiang Ning didn't care and left after chatting for a while.
I went to the city and contacted the relevant authorities.
In fact, talking to the competent authorities is much easier than talking to enterprises. You will give in where you can, and there is no point in wasting time on things you can't give in. It's not like negotiations between enterprises, where they haggle over every penny for the sake of profit, and all kinds of wrangling test patience.
Talk to the competent authorities here.
Over there, Jiang Ning arranged for people to start an asset inventory of Nanwan Forest Farm.
A lot of things were dug up and discussed behind closed doors.
After a week of discussion, a preliminary consensus was reached.
Xianling Farm invested 3200 million yuan to acquire all assets of Nanwan Forest Farm.
Of this, 500 million was injected into the forest farm's account to settle overdue employee wages and social security, as well as to repay some urgent debts and cover daily expenses. The management was transferred and resettled, while the workers stayed.
The issues that need to be resolved have been resolved.
Destruction of what should be destroyed.
We cannot bring up the past and cannot allow historical problems to remain.
Issues regarding building ownership, property registration, etc.
The bureau will deal with these issues at once.
Ensure that there will be no future troubles.
After signing in black and white, the handover work officially begins.
Jiang Ning was busy receiving it.
On the other side, Jianhua Board Factory.
Guo Xiaoli has been under a lot of pressure recently because of Jiang Ning's refusal to cooperate and her father-in-law's disapproval of her. She watched as two friendly competitors got cheap raw materials and were producing at full capacity, while the factory could only buy high-priced raw materials.
The pressure is already huge.
But as if things weren't bad enough, the supply from Nanwan Forest Farm was stopped.
After asking around, I found out that the forest farm was going to be sold.
What's more, it's so miserable that it's actually being sold to Jiang Ning.
Guo Xiaoli felt as if she had been hit on the back of the head with a club.
How could Nanwan Forest Farm be sold to Jiang Ning?
Don’t sell it to anyone else, just Jiang Ning!
Guo Xiaoli couldn't figure it out, so she discussed with her husband: "Why would the city sell Nanwan Forest Farm to Jiang Ning?"
Xue Yajun's face was not good either: "I asked around and heard that Jiang Ning went to see the leader."
Guo Xiaoli said with an unpleasant expression, "That's impossible. Nanwan Forest Farm has such a large piece of land and so many assets. How can it be sold to a private individual? If he takes over Nanwan Forest Farm, where will the factory get its raw materials from in the future?"
Xue Yajun said gloomily, "Dad has been worried lately and is contacting timber merchants from other places."
Guo Xiaoli said: "The timber in the south is more expensive than that in the northwest. The cheaper ones are too far away and the transportation cost is too high. If we transport them here, they will probably be more expensive than those from Nanwan Forest Farm. If we can't reduce the cost, how can we compete with them?"
Xue Yajun said: "Let's take it one step at a time. If it doesn't work, let's go to Bei'an again!"
Guo Xiaoli suddenly asked, "Do you think Jiang Ning knows that we have someone to pass the message to Nanwan Forest Farm?"
Xue Yajun said: "I don't think you know!"
Guo Xiaoli was a little worried: "He is going to take over the Nanwan Forest Farm. What if he finds out?"
Xue Yajun was speechless.
(End of this chapter)