Chapter 681 (1/2)
April 2, 2007.
On that day, the remote bonds were officially launched and sold.
The previous roadshow inquiry was independently completed by several underwriters of CCB at the end of March.
Originally, according to Li Dong's intention, he and the distant team were going to attend the roadshow in person.
However, the plan failed to keep pace with the changes. The company in the distance first experienced a debt crisis, and then several large groups of Longhua launched a joint venture, which has not yet been officially launched. The 3 billion bonds and 2 billion bonds were scheduled in advance.
At this time, there is no need for Li Dong to come forward again. It is not difficult for the enterprise bonds with a value of 1 billion yuan. Even Jiangbei is sure to eat these bonds.
The results were not as expected by Li Dong.
On the morning of the 3rd, Li Dong arrived at the company.
As soon as we got to the conference room, people clapped and thundered.
Yuan Chengdao said excitedly: ”Mr. Li, yesterday, the bonds sold out in the distance, and we succeeded!”
Everyone was filled with emotion. The remote bond launch seemed simple, but actually it was very difficult.
From Li Dong's entry into Beijing to get through the relationship, this bond of up to 3 billion has been bringing troubles to the distance.
Including the previous capital chain crisis, also caused by the issuance of bonds.
Now it can be sold out in one day, and it costs a lot in the distance. In some people's eyes, the price even exceeds the face value of 3 billion yuan.
Li Dong pressed his hand, and the applause gradually subsided.
When everyone was quiet, Li Dongcai chuckled and said, ”isn't this something you expected? We should be prepared for such achievements by crossing mountains. However, the success of the bond issue is still worthy of celebration. Chen Ke will go to the Tianhu hotel to book a few seats later. Let's have a good lunch! ”
Chen Ke nodded in a hurry, and the others were also happy.
The joy of nature is not the meal, but the meaning of it, and then everyone can take a breath.
Li Dong said a simple sentence, and then sat down and said: ”director Liu, tell me how much money the company still has and how much money it will spend next.”
Liu Hongmei got up and said, ”Mr. Li, the money for the bonds has not been obtained yet. The bank needs to settle accounts, and it can be recorded at the end of the month.”
”It's OK. You count it in first. The bank still dares to swallow our money.”
Liu Hongmei nodded her head and said, ”let me talk about it. Before that, Dongyu real estate sold a batch of real estate urgently years ago, and the company paid back 930 million yuan. After 1997, the house prices in Pingchuan rose and the real estate market recovered. The remaining houses in Dongyu district were sold best because their prices were lower than those of other real estate developers. The remaining houses in Crystal Garden and Wantai mansion were also sold out in advance.
Because we bought back a number of properties from Greenland and other small real estate developers, together with our remaining properties, the total sales of Dongyu real estate reached 1.52 billion in this period after the year.
In addition to these, the rest is the profits of supermarkets and shopping malls in the distance, with an expenditure of about 600 million in recent months.
In addition to your previous injection of 2 billion, and the Construction Bank loan of 1 billion, the total revenue reached 6 billion.
If we add this bond fund, we have a capital flow of 9 billion at present. ”
”Nine billion?”
Li Dong said with a smile: ”compared with the previous said more, this month Dongyu real estate performance is good.”
Wu Shengnan, the second on his left, said with a smile: ”thanks to Mr. Li, as soon as the press conference came out, our community fell into a state of grabbing and selling. Most of the money in the back came back in these days.”
Li Dong nodded, and then said: ”Dongyu real estate there are about 3 billion arrears, first of all, this debt has been postponed for a period of time.”
Yuan Chengdao and Liu Hongmei both nodded. Yuan Chengdao thought for a moment and said, ”Mr. Li, what's the money of Longhua?”
”Longhua...”
Li Dong knocked on the table and said, ”do you want me to stop paying for a while?”
All of them couldn't help laughing. Shen Xi advised, ”you'd better return it. Xu Shengzhe can't help but Xu Jianghua can't help it. If you don't pay back this sum of money, I'm afraid that Xu Jianghua will be able to kill him, and his face will not look good at that time. ”
Yuan Chengdao also said with a dry smile: ”it's better to return it. After all, the contract time has passed, and it's not good to drag it down.”
Li Dong sighed: ”then return it. In fact, I'm going to postpone it for half a year.”
People are speechless, still drag?
If we drag on, Longhua will turn over.
Li Dong said with a smile: ”that is to say, 4 billion is gone?”
Liu Hongmei shook her head and said: ”not only, but also the era. When we bought the era, we agreed to pay off the purchase money within one year. It's April now, and it's fast from that time, so we have to be ready for the remaining 700 million acquisitions. ”
”That's 4.7 billion. Is there anything else?”
”There are also plans for the expansion of Jiangxi, Jiangsu, Zhejiang and Shandong provinces. The money in front of us is almost spent. We are going to make a second round of investment, at least 1 billion.””That's $5.7 billion, right? Anything else?”
”There is also Hubei Province. Zhongbai has almost reached an agreement. We need to enter the blank market that Zhongbai gives up as soon as possible, so as to prevent others from catching the lead. It is preliminarily estimated that the investment will not be less than 800 million. ”
”6.5 billion, isn't it, any more?” Li Dong raised his eyebrows.
Liu Hongmei said without expression: ”there are shopping malls, which have been spending too much recently. In addition, there is a national large-scale publicity plan, as well as the transformation and upgrading of the mall system, we should continue to inject capital.”
”How much
Liu Hongmei didn't make a sound and took a look at Shen Qian.
”According to the plan of the mall, at least 500 million yuan will be injected into it,” said Shen Xi
”That's 500 million. In this case, 7 billion is gone?”
Everyone's cheeks are twitching, the account can not be counted, the more you calculate, the colder you feel.
Previously, Liu Hongmei said that the company's working capital was as high as 9 billion yuan. Everyone was in high spirits and felt that the next step could be relaxed.
But in a turn, 7 billion is gone, and it seems that it is not the limit.
Sure enough, as soon as Li Dong's voice fell, Wu Shengnan cautiously said: ”in addition, the buyback plan we have reached with several other companies is almost completed. Dongyu real estate is preparing to buy back the remaining properties. According to the preliminary estimate, the capital is no less than 1.5 billion yuan. In addition, Pengfei real estate did not give us the 500 million yuan that was agreed at the beginning. You can see...”
Li Dong said with a smile: ”so, 9 billion is just divided by you?”
Everyone did not dare to say anything. Yuan Chengdao coughed and said helplessly, ”Mr. Li, these money must be used. We really can't help it.”
Li Dong gasped: ”use it. I didn't say I won't give it to you. What's the money for? Isn't it for use? But you used me a little scared, 9 billion ah! I haven't seen it yet. It's gone in a blink of an eye? ”
Yuan Chengdao muttered in his heart that it was not your own flower.
For example, the expansion plan in Hubei Province, as well as the renovation and expansion plan of shopping mall, are not included in the budget.
Li Dong complained and didn't say much. He went on to ask, ”nine billion yuan is gone. How much money do we owe now?”
Liu Hongmei then said: ”according to the plan just now, after paying off the money, we only have 400 million loans left in the era. The newly increased loans of 1 billion yuan from distant supermarkets and the 800 million yuan before are 2.2 billion yuan in total. The other is bonds. ”
”The whole thing is still 5 billion yuan. How can I feel that my money has been wasted.”
Li Dong murmured, and Yuan Chengdao said: ”Mr. Li, you can't say that. After all, we can fully open up the markets of Jiangsu, Zhejiang, Jiangxi, Shandong and Hubei provinces by investing this money. The distant mall has also expanded its scale. In addition, Dongyu real estate repurchases the real estate of other real estate developers, and we can continue to sell. On the whole, our scale is still the same It's expanded by more than a third. ”
After that, Wu Shengnan also nodded: ”in the early stage, because our planning was not in place, resulting in financial constraints. Now Dongyu's debt is almost zero. Next, it's much easier. We can stagger the loan time. Next, Dongyu real estate can continue to expand its scale, or even double it. I don't think it's difficult. ”
As soon as she finished, Yuan Chengdao frowned: ”Mr. Wu, the task of Dongyu real estate is to maintain stability. After all, Greenland and Pengfei have not completed the integration of several real estate companies. I think we should try not to continue to expand at present. If we expand blindly, we may face difficulties this year next year. ”
This year, the pressure of remote group is mainly caused by Dongyu real estate.
The 4 billion yuan due accounts almost drove everyone crazy.