Chapter 209 The Overlord Hardens His Bow

Chapter 210 The Overlord's Hard Bow (Subscription)

When Xu Zhilong opened his mouth to borrow five million, Li Weidong immediately sneered.

I said leader, you really think highly of my little electric stove! Li Weidong said with a smile.

Director Li, don't get me wrong, I will pay you back the five million after I use it up. Xu Zhilong said, The five million should actually be paid by your factory to help the district in advance. Will take this money to pay off some of the company's debts.

And the companies that received the repayment, the money is not for nothing. They have to take the money and pay it back to their creditors. The creditors collect the money and pay it back to the next creditor. will be cleaned up.

I personally lead and take charge of the triangular debt clearing working group in our district. When the time comes, I will track where the repayment goes to ensure that the company will pay it back to the next creditor after getting the money.

When this amount reaches the last creditor, their repayment will be recovered by our triangular debt clearing team. At that time, the five million will be returned to you as it is, and I will give you some additional interest.

I have already calculated that with these 5 million, the triangular debts of 80 to 100 small and medium-sized enterprises can be revitalized, and these 80 to 100 small and medium-sized enterprises can get the money and repay more triangular debts. .

It’s like chicken-and-egg, egg-regenerate chicken. Not only will I be able to solve the triangular debt problem in our district, but I can also use this to collect debts from companies in other counties and districts.

For example, if we pay back 500,000 yuan to enterprises in other counties, their companies will also have to pay back 500,000 yuan to us. At that time, as long as the money flows, everyone will have the money to pay off the debt, and the triangular debt will naturally cease to exist.

Li Weidong smiled slightly and said, Leader, your idea is quite good. But this five million is not a small amount. Since you have such a good plan, why don't you go to the bank for a loan? If you provide a guarantee in the district , you should be able to borrow five million from the bank, right?

Well, there are also loans from the bank. Xu Zhilong replied somewhat vaguely.

I don't think so! Li Weidong snorted coldly, and continued: If the bank is willing to lend, does the leader still need to go to me to borrow money?

The bank is still talking,

It's just that the loan has not been approved for a while. Not only here, but also in banks across the country, loans are not easy to approve. Xu Zhilong said in defense.

However, Li Weidong ignored Xu Zhilong's defense. He said, Leader, didn't you think carefully about why the bank didn't grant you a loan? Is the guarantee in the district worth five million at the bank?

I've said it all, it's hard to approve recent loans, Xu Zhilong said.

Li Weidong shook his head and explained: The bank does not approve the loan because they know that if the five million is loaned out, the district will not be able to pay.

How can the district still not pay it! I have already said that this money is just an advance payment. As long as the money can flow, all enterprises will repay the triangular debt. In the end, the five million will naturally be recovered in the district. Xu Zhilong Continue to argue.

Li Weidong waved his hand this time: You can't get the money back, because the plan you just proposed has loopholes!

What loophole? Xu Zhilong asked hurriedly.

Leader, if you want to solve the triangular debt problem, you must first find the root cause of the triangular debt. You don't really think that the root cause of the third-level debt is that I owe you money, you owe him money, and he owes me money, right? Li Weidong asked.

Isn't this the case with triangular debts? Companies owe each other's debts, but they refuse to pay them back. In the end, all of them are tied up. As long as there is one who pays back, everyone can get rid of them. Xu Zhilong said.

This is just a superficial phenomenon of the triangular debt. The origin of the triangular debt is not that the company refuses to repay the money, but that the company has no money to repay. Li Weidong replied.

I don't want to pay back and I don't have the money to pay, isn't the result the same? In the end, a triangular debt was created. Xu Zhilong asked.

Li Weidong had no choice but to explain: I will briefly introduce three situations here, and you will understand. First of all, as an enterprise, we must do some infrastructure construction, right?

However, neither basic investment nor technological transformation can recover the cost in a short period of time. It takes a process to recover this investment, which leads to the fact that the funds for basic investment and rapid transformation cannot be repaid in a short time, so There is a funding gap, which can only be filled by default, which creates debt.

The second is that some companies are actually operating at a loss. If they are in other countries, they should close their doors if they lose money, but this is not the case in our country. After all, the national conditions are different. Some companies in our country, even if they lose money, To continue production.

Loss-making enterprises of this type take loans for production without funds, and default on production if they fail to take out loans, thus naturally forming debts. I think there are many enterprises in our district that have been losing money and then rely on bank loans and blood transfusions to survive in the district, right?

The third is that the products produced by the enterprise no longer meet the market demand, and there is no sales at all, and then a backlog of products is formed. If the product cannot be sold, it cannot be converted into funds, and the enterprise cannot continue to maintain production.

The final situation is that these companies cannot sell products worth millions of dollars, and owe hundreds of thousands of debts at the same time. From the perspective of assets, this kind of enterprise is still very inspected. After all, as long as the product is sold, it can easily pay off the arrears. But from the perspective of the market, those so-called products are all outdated waste products.

The three situations I have listed cannot be solved by giving money. This is a problem of industrial structure. If we do not adjust the industrial structure, it will be a bottomless pit, and no amount of money will be enough to fill it.

As you said, the plan to make funds flow and revitalize the triangular debt sounds feasible, but in the actual operation process, when the money reaches the back of those loss-making companies and backward companies, it will become new debts. will not flow to the next creditor.

Banks often lend money to enterprises, and they have a little understanding of the operation of each enterprise. The bank is very clear that if the money is lent, it will not be returned, and it will eventually become a bad debt, so even if there is a guarantee in the district, the bank will not dare to approve the loan.

After listening to Li Weidong's words, Xu Zhilong frowned slightly, and he said, According to what you said, isn't the triangular debt unsolvable?

Of course it's not unsolvable. To solve the triangular debt, you need to take a multi-pronged approach. For example, when you adjust the industrial structure, you need to suspend production and limit production for some enterprises. This alone is a troublesome matter. The district can't solve it.

Li Weidong paused, then said: So I think that to clear the triangular debt, we still need the state to take the lead and the local cooperation, such as the planning committee, the economic commission, the finance, the bank and other departments. It is useless to invest a few million in it!

So I definitely can't lend the five million dollars. If the money is lent out, it won't be able to get it back. This is 5 million, not 50,000. I can't afford it!

What Li Weidong said were some conclusions drawn by later countries when they cleaned up the triangular debt. However, these heartfelt words did not convince Xu Zhilong.

At this time, Xu Zhilong even felt that what Li Weidong said was just an excuse not to borrow money!

There's a lot of nonsense, don't you just don't want to borrow money! I also expected it, you capitalists will definitely not pay for it happily. Fortunately, I have prepared a second set of plans!

Thinking of this, Xu Zhilong said, Director Li, what you said just now makes sense. After I heard it, I also felt a sense of relief. But since the superior asked us to clear the triangle debt, we must execute it, not only execute it, but also We have to work hard to get things done! So this plan to clear the triangular debt must continue.”

Okay! Good words are hard to persuade the damn ghost! You have to bang your head against the south wall, and I can't help it!

Li Weidong secretly said in his heart, but said with a smile on his face: Then I wish the leader a success! Although I can't lend 5 million yuan, I can still take out 50,000 yuan. Some support for the triangular debt cleanup!

The meaning of Li Weidong's words is very simple, even if I give you the 50,000 yuan, you can take the 50,000 yuan and leave quickly!

Xu Zhilong also smiled slightly, and then continued: Director Li, I don't want your 50,000 yuan, but I want to pick up something from you and use it, and I hope you can agree.

Shouldn't you want to borrow my head? Li Weidong complained in his heart, and then said expressionlessly; I'm a small electric furnace factory, I don't want anything, how can I lend you something good!

In Li Weidong's words, the meaning of rejection has been implied.

The opposite Xu Zhilong pretended not to hear it, and he said, Director Li, what I want to borrow is your electric furnace factory!

Leader, what do you mean? Li Weidong asked.

You lend me the electric furnace factory, and I will use your electric furnace factory and mortgage it to the bank, and I should be able to loan out five million. Xu Zhilong finally showed his fox's tail.

Leader, are you joking? Li Weidong asked with a half-smile, but at this time he really hoped that Xu Zhilong was joking.

Xu Zhilong shook his head: Of course I'm not joking. Director Li, don't worry, during the process of mortgaging the electric furnace factory to the bank, production and sales will continue as usual, and there will be no impact. You can continue to take your products to the Canton Fair. To make money, there will be no interference in the district. After the work of cleaning up the triangular debt is completed, I will redeem the electric furnace factory, you have no loss!

If it can't be redeemed, then my electric furnace factory is owned by the bank, right? Li Weidong sneered, and then asked: There are so many companies in our district, and there are not a few larger than me, why choose My electric furnace factory is mortgaged to the bank?

As of now, I won't hide it from you. Your electric furnace factory has no external debts or loans to banks, and the benefits are very good. In the eyes of the banks, you are high-quality assets, and you can take your factory as collateral and be able to lend it out. money coming!

For other factories, although the scale is larger than yours, they owe a lot of money and loans. If the company has debts, it can't borrow much money, and banks are not willing to take on additional debts! Xu Zhilong said.

Besides that, it's because I'm an affiliated enterprise, right? The other factories are all district-owned enterprises. When it comes to selling cubs, they must first pick up the ones raised by their stepmothers and sell them, and they can't bear to sell them! Li Weidong's tone became gloomy.

Xu Zhilong didn't speak, which means he admitted this.

Li Weidong snorted coldly and then said, If that's the case, then forgive me for offending me. This electric furnace factory will not borrow it!

Director Li, I'm afraid this is up to you! Xu Zhilong continued with a hint of threat: Don't think that you built a factory with your own money, then this factory is yours, don't forget that your factory is called Xiangyang Town. Electric furnace factory, this is a township collective enterprise!

What kind of enterprise am I, don't you know? I'm just a fake collective enterprise, only affiliated with Xiangyang Town! At that time, I signed an affiliate contract with the town, and even if there is a lawsuit, the truth is on my side. . Li Weidong said loudly.

Don't talk to me about the affiliation contract. This thing is simply a policy loophole and is illegal! Even if I directly take away the electric furnace factory, I will ensure that the state-owned assets are not lost!

Xu Zhilong smiled gloomily, and then said: Director Li, I advise you to cooperate a little bit and lend the electric furnace factory obediently, so that at least you can continue to make money with the electric furnace factory. If you wait until I forcibly close the factory, the electric furnace will The factory doesn't have your share!

You can give it a try! Li Weidong curled his lips in disdain, and then said, If you want the overlord to bow hard, then I will let you feel what it is like to be surrounded on all sides!

(End of this chapter)