bookmarkrole Chapter 1570: Confrontation
Chapter 1570: Confrontation
Chapter 1570: Confrontation
Jing Gao asked Zhang Li to sit back in the seat next to him. He ignored the noisy meeting room and Deputy Secretary-General Qin, who seemed fair but actually had no idea what he was thinking. He said to Bo Xujie, "Boss Bo, please arrange to modify the contract."
"Okay, Mr. Jing." Bo Xujie, with gray hair, ordered his assistant to revise the contract. After considering for a while, he said, "Mr. Jing, should we invite two state-owned enterprises, SAIC and Pudong Development Bank, to participate?" He was not deliberately making trouble for Jing Gao, but giving Jing Gao a way out.
From the perspective of maintaining the overall situation, since SAIC and Pudong Development Bank are already in the conference room, it is reasonable to give them a seat.
Because these two local state-owned enterprises have a lot of say in the city. From the perspective of unity, we should bring them along.
Xu Boyuan, vice president of SAIC Group, knocked on the table, interrupted Jing Gao and said sarcastically: "Boss Bo, don't! Boss Jing may not think highly of our SAIC. I don't want to be humiliated like Mr. Chen of Pinduoduo. Being questioned by Boss Jing in front of everyone: Who do you think you are?"
Don't think that Chen Lei was "cleared" out by Jing Gao's bodyguards just now, that's because Chen Lei didn't know how to handle it! Don't do it. He is not afraid of Jing Gao. SAIC is a state-owned enterprise, not a private enterprise like Pinduoduo.
And he was sure that even if he ridiculed him like this, Jing Gao would have to accept it. Because Bo Xujie took the initiative to offer a way out, which was actually a very clear statement.
Even if Jinggao takes the lead in solving Mingyuan Group's debt problem, since the problem has risen to the city, the state-owned enterprises invited to participate must always have a share! Otherwise, they will not be able to do anything good, but it will be easy for them to do bad things.
I believe Jinggao will understand this.
This is the fundamental reason why he dares to "complain" at this time.
...
As Jing Gao, Bo Xujie and Xu Boyuan were talking, Yao Shengming and Jiang Fan, who were confronting and cursing at each other, also stopped. Even Liu Chang, the princess of New Hope who had just entered the room, all looked at Jing Gao.
Wang Qunbin from Fosun arrived earlier and remained silent, avoiding direct conflict with Jing Gao. At this time, he was also concerned about whether Jing Gao would allow Fosun to have a stake.
Liu Chang had just made it very clear in public that all the investors present had already known that Jinggao planned to invest $60 billion to build an electric car manufacturing plant in Shanghai. This plan had already been approved by the main leaders.
So this is one of the reasons why everyone rushed to the meeting room overnight.
Basically everyone gave up the idea of taking over Mingyuan Group's high-quality assets. In the face of such a huge investment plan, Jinggao's voice in the city was greatly enhanced, instead of being like duckweed or grass without roots, blowing in the wind.
Therefore, most people's goal is to get the 1.5 million US dollars in profit. It is equivalent to million RMB. Who would not be happy with the free profit?
This is also the reason why Pinduoduo decided to quit just now!
But who would have thought that Jinggao would not allow Pinduoduo to participate in the equity investment? This was a direct slap in the face. They must have felt the same way and shared the same hatred. You know, at the meeting this afternoon, they were the ones who planned to attack Jinggao!
Jing Gao's expression remained unchanged as he looked across at Xu Boyuan, the vice president of SAIC, and said, "President Xu is very dissatisfied with me!
I respect the market position and local weight of SAIC and Pudong Development Bank, and am willing to offer a 5% annual rate of return of 30 million US dollars, but I do not want to see you, Xu Boyuan and Hu Quankun again in this cooperation. "
Hu Quankun is the deputy president of Pudong Development Bank who represented the bank to attend the meeting.
Indeed, he could not drive SAIC and SPDB off the table. No matter what, these two banks must have a seat. But do these two people represent SAIC and SPDB? Not necessarily?
These two local state-owned enterprises in Shanghai have at least several vice presidents.
So, his conditions translate very simply: I'll pay 1500 million (about million US dollars), and you two get out!
This is still a very powerful condition. How can a small target not make some splashes when it is hit?
Hu Quankun sneered and threw the gel pen in his hand on the conference table, leaning back, "You said you don't want to see me, so what? This is ridiculous! Pudong Development Bank doesn't need your money! Don't be so arrogant just because you have a little money." At this point, Hu Quankun knocked on the table hard, "The world is clear, it's not your turn as a capitalist to make the decision!"
He refuted Jing Gao at this time, saying that it was funny. The reason was very simple, because no matter whether they were executives of Pufa Bank who came today, they would definitely fight for the interests of Pufa Bank in the afternoon meeting, and would never sit idly by and watch Jing Gao swallow up hundreds of billions of assets of Mingyuan Group.
So what did he do wrong?
Now Jing Gao wants to kick him out based on his performance in the afternoon. He is so ignorant that he thinks he can run rampant in Shanghai with a few small goals in hand. Will the leaders of the bank agree?
That's not bullshit!
Xu Boyuan applauded and cheered, "Hu Xing, well said! Boss Jing, let's not talk about prejudice or not. Our two companies have demands. We cannot agree to your 30% annual rate of return. We must have the first tier 40%."
Jing Gao was unmoved and ignored Xu Boyuan's nonsense. He finalized: "Since Vice President Xu and Vice President Hu rejected my proposal on behalf of SAIC and Pudong Development Bank respectively, forget it. I can't meet your requirements."
From the perspective of unity and the overall situation, he would be better off bringing in two local state-owned enterprises. But if their demands are too high, forget it.
As he spoke, his eyes swept across the face of Wang Qunbin of Fosun, and Wang Qunbin was startled.
Boss Jing was very strong tonight! And because of the $60 billion investment, they didn't have much room to resist. He didn't want to clash with him face to face.
Fortunately, what Wang Qunbin was worried about did not happen. Jing Gao's eyes continued to pass over Wang Huiwen of Meituan and Jiang Fan of Alibaba, and finally landed on Liu Chang of New Hope. "Mr. Liu, what do you think? Our contract is about to be finalized!"
From venture capitalists Shen Nanpeng and Xiong Xiaoge, I learned that Fosun was making trouble and pushing Mingyuan Group's vice president Jiang Feng to oppose his plan. After the meeting this afternoon, Meituan and Alibaba had many years of grievances, but they also came together to swallow up Mingyuan Group's assets.
His conference room was leaky, so the conspiracy between Meituan, Alibaba, and Tencent was not necessarily kept secret. Anyway, he knew about it.
So he was not going to ask about these three companies. They were enemies to begin with, so there was no need to force them to unite. They were not of the same mind as you, and unity might even lead to trouble.
Liu Chang was actually on the phone, but the situation in the conference room was so intense: they almost got into a fight, and there was a verbal battle. She really didn't want to hand the phone to Jing Gao and let him talk to her father. Who knew how Jing Gao would react?
Liu Chang thought for a moment and said, "Mr. Jing, I hope to increase the annual rate of return to 25%. New Hope is willing to fully support your plan."
Jing Gao thought for a moment and cut the Gordian knot, "Okay, I agree." In terms of influence in Shanghai, NetEase, Xiaomi and New Hope Group are not on the same level. So, if New Hope Group takes an extra 5%, he is still willing to give it.
Then he looked at Ren Yuxin, the representative of Tencent, and said, "Mr. Ren, are you interested in joining my debt restructuring plan?"
After the afternoon meeting, Tencent, Alibaba, and Meituan came together to conspire and prepare to propose another debt restructuring plan to prevent him from being the first. However, for him, Tencent is currently a company that can be won over.
Because Ren Yuxin sent him a WeChat message before coming to the Mingyuan Group Building in the evening.
Ren Yuxin smiled bitterly and shook his head. He could refuse to join the group, but their debt restructuring plan would not be approved by the city. So he decided to back off now.
"Okay! We'll take 25% annual interest."
Jinggao nodded.
(End of this chapter)