At the end of the report, Sun Tao said, "General Manager Li, shall we talk to IDG, Sequoia, Goldman Sachs, and China Development Bank?"
IDG, Sequoia, and Goldman Sachs all offered more than 3 billion USD.
Goldman Sachs offered the highest price of 3.2 billion USD.
If they wanted to talk to 4 billion USD, only these few companies had the highest chance.
Li Dong nodded and then said, "Let's forget about China Development Bank. The price is a bit low. 22 billion RMB is a bit far from our expectations."
"Ah?"
This exclamation did not come from Sun Tao's mouth, or rather, not only from Sun Tao's mouth.
Almost everyone in the conference room was surprised, and Li Dong was a little baffled by it.
Raising his eyebrows slightly, Li Dong thought they felt that he was rejecting state assets, so he explained, "4 billion USD is more than 30 billion RMB. With such a sudden increase, it will be difficult for state assets to accept. Unlike Goldman Sachs, their offer is close to 25 billion RMB … "
"Cough, cough, cough …"
There were more than one person coughing, and several people's faces were stiff and deformed.
After a while, Sun Tao said faintly, "General Manager Li, you … you haven't paid attention to the exchange rate for a long time, right?"
Li Dong had a bad feeling and quickly said, "What's wrong? I remember the exchange rate was around 7.7 last year. How much is it now? "
"Around 7.2."
Li Dong's jaw almost dropped. So fast?
He really didn't think much about this before. He always thought it was hovering around 7.7, so he felt that China Development Bank's offer was a bit low.
After all, even the lowest offer from IDG reached 3 billion USD. Li Dong calculated in his mind that it was more than 23 billion RMB.
And Goldman Sachs's 3.2 billion USD was close to 25 billion.
But according to Sun Tao, the exchange rate was now 7.2.
Didn't this mean that China Development Bank's offer was higher than IDG's? After all, IDG's offer was less than 22 billion RMB at 7.2.
Li Dong had always thought about the appreciation of RMB, but because he hadn't gone abroad in the past two years, he didn't have the opportunity to spend USD, so he didn't pay much attention to the exchange rate.
It had to be said that this was a dereliction of duty.
As the person in charge of a large corporation, Li Dong should be paying attention to these basic financial news.
However, in the past two years, Li Dong had been busy with too many things. Last year, he still remembered to take the time to look at this information.
This year, he hadn't thought about this from the beginning to the end, which led to today's big joke.
The price offered by the State Development Bank was not lower than IDG as he had imagined, but higher.
At this moment, Li Dong finally realized something was wrong. The state assets were very powerful this time!
He was even more powerful than he had imagined!
Although it was embarrassing, Li Dong couldn't care less about this at this time. He frowned and said, "Doesn't that mean that 4 billion USD is actually less than 30 billion RMB?"
They all nodded. According to the current exchange rate, 4 billion USD was only about 28.8 billion yuan.
Hearing that it wasn't even 30 billion, Li Dong snorted. "Then don't calculate it in US dollars in the future. Just calculate it in RMB and start from 30 billion!"
"Pu!"
Sun Tao didn't even realize that the tea in his mouth was spat out. The boss was really awesome!
You calculated the exchange rate wrong, and now you want to make up for it from the investment banks. Is this really good?
According to Li Dong's plan, it was close to 4.2 billion USD.
With such a huge increase, Sun Tao was extremely doubtful that there would be any investment banks willing to continue the negotiations.
At this time, not only Sun Tao, but also Yuan Chengdao and the others were also wondering if General Manager Li was going to go back on his words again.
Last year, he felt that the price was too low, and the financing ended without any progress.
Now, it was like this again. After saying 4 billion USD, it immediately became 30 billion RMB.
Suddenly, there were a few billion more RMB, and the investment banks were not stupid. Would anyone really be willing to pay for Far away?
Everyone looked at Sun Tao with some sympathy. Financing was indeed a difficult task.
At this time, Yuan Chengdao was half glad that he was not responsible for this matter.
On the other hand, he was worried that Li Dong would not be willing to continue the financing.
Although he felt that it was not a good time to talk about this matter, Yuan Chengdao thought for a while and said softly, "General Manager Li, the group is out of money."
Li Dong frowned and said, "Don't we still have more than one billion RMB?"
Before going to Beijing, Li Dong had collected about 3 billion RMB in cash.
He spent about 1.6 billion RMB to buy the land and add taxes.
With more than one billion RMB left, Li Dong felt that he was not short of money for the time being.
Yuan Chengdao sighed slightly. Sometimes, it was really difficult to communicate with this boss who had no concept of money.
Of course, Li Dong did not have a concept of money, but he was very clear about the concept of money at other times.
Although Yuan Chengdao slandered in his heart, he still explained, "Not long ago, the logistics company applied for a batch of funds. You previously said that you want to invest in the construction of a warehouse center and purchase automatic sorting equipment. Boss Qin has been preparing for this, and he has been negotiating with some foreign manufacturers for a period of time … "
Before he finished speaking, Li Dong remembered.
He knew about this matter, and he was the one who approved it. He also knew how much money was spent.
The first phase of logistics did not cost much, but it was not a small amount either. Li Dong approved 500 million RMB.
But even so, there should be at least 1 billion RMB left on the books.
Seeing that Li Dong understood, Yuan Chengdao continued, "Also, Far away Technology has been spending more recently.
Building a video website, buying some movie and TV series online broadcasting rights, developing agency games … These all require money.
Although the shopping mall and PP are profitable, they are currently invested in their own development.
Weibo has not reached the stage of profitability, and it is not easy to barely maintain a balance of payments. In fact, we still need to continue to invest.
The previously allocated money is almost spent, and the group invested another 500 million RMB in the later stage.
As for the remaining few hundred million, part of it needs to be used to repay loans, and part of it needs to be used to meet the group's expenses … "
Li Dong interrupted, "So, the money has been spent?"
Yuan Chengdao nodded and said, "More or less. We have less than 200 million RMB on the books, and we can't possibly spend all of it.
Although the supermarket is making a lot of profits every month, the expansion in Yu Province and Shancheng is not over yet.
Other than that, there is the shopping mall, Far away logistics park, data center, and two distribution centers that are not completed yet in Su 'an. The money we need to spend on these places is more than enough to cover the supermarket's profits.
So, the most we can do now is to maintain our operations.
As for other expansions, we do not have a single cent.
We have also stopped expanding in Shanghai. Boss Chen has applied for funds a few times, but I did not reply. "
As he spoke up to this point, Yuan Chengdao intentionally glanced at Chen Lang and gave him an apologetic smile.
Chen Lang smiled and did not say anything. After Sun Tao took charge of the financing, he was transferred back from Shanghai.
Chen Lang still wanted to continue expanding in Shanghai.
Far away had investments in a few major municipalities, but the scale was different.
In Beijing and Tianjin, they had invested more than 3 billion RMB.
Shancheng had also invested more than 1 billion RMB, and Shanghai only had 1 billion RMB.
But comparing Shanghai and Shancheng was a completely different concept. Even Beijing's economy was not as developed as Shanghai.
According to Chen Lang's budget, to complete a round of expansion, he would need at least 3 billion RMB.
However, the group did not reply to his several applications for funds. Chen Lang knew that the group was out of money, and he did not continue to insist.
Li Dong frowned and thought for a while before asking, "Is there anything else that needs money now? There is only so little money on the books. Doesn't that mean we can't do anything in the future? "
"There are not many areas that need money urgently, but the pace of expansion will definitely slow down. Including logistics and real estate, we really can't support them now. The profits of the supermarket can only satisfy the construction of the supermarket's own channels. In the past few years, our supermarket has been expanding too fast, and many of the hardware and software facilities have not kept up. If we want to build a good foundation, we must keep up in the future. So, there is really no way for the supermarket to support the other subsidiaries. "
When he said this, Wu Shengnan's face turned ugly. The billions of RMB that Li Dong prepared were all approved for Dong Yu Real Estate.
In the end, there were still a few billion RMB left. Coincidentally, the group did not have money, and Yuan Chengdao discussed with her for a while. This money was temporarily transferred to the headquarters.
Of course, Yuan Chengdao said it was a loan at that time.
When the supermarket side made profits, the money would be returned.
Now, he directly stopped the expansion of logistics and real estate. This was too much!
Wu Shengnan glanced at Yuan Chengdao and did not say anything. She was waiting for Li Dong's reply.
It was true that the supermarket expansion needed money, but the expansion plan for the real estate side was decided by Li Dong himself.
He also said before that as long as the market price dropped and it was worth buying, then he would buy it.
But now, Dong Yu Real Estate did not have a single cent. What could he buy?
Everyone was looking at Li Dong, waiting for Li Dong's reply.
Li Dong set a big expansion plan at the beginning of this year, but until now, he did not have a single cent.
The financing plan was also full of difficulties. The bottom line of 30 billion RMB was also a question whether it could be successfully financed.
Without financing, it was difficult to get a loan. Big Head Supermarket, which had the biggest profit, also needed to satisfy its own development. Li Dong's previous bold words seemed to be a joke.
Seeing everyone was looking at him, Li Dong sighed and said, "According to the group's budget, how much money do we need to maintain the expansion speed of logistics and satisfy the supermarket expansion in Shanghai?"
Yuan Chengdao asked, "Does it include the distribution center, Su 'an Shopping Center, data center, and Far away Logistics Park?"
Li Dong asked, "Didn't we allocate funds for these before? Are they all used up? Do we need to allocate more funds? "
Yuan Chengdao quickly shook his head and said, "It's not that we don't have money, but we need to prepare for the next payment."
"Then include it. Don't count the total amount. I just want to ask, in the next six months, how much more do we need to maintain the expansion speed of Far away?"
Yuan Chengdao did not calculate this in detail, but fortunately, he had all the data in his hands.
After looking at the data for a while and consulting the other bosses, Yuan Chengdao finally replied, "If we want to maintain the current expansion speed, excluding the uncertainty of the real estate company, the three subsidiaries, logistics, Far away Technology, and Faraway Supermarket, add up to about 1 billion RMB a month. Of course, this is the first half of the year. You said that the supermarket will expand to Guangdong and Hebei provinces in the second half of the year, and also the real estate company. You said that we need to invest in the Far away Plaza … So these are all additional expenses. If not, it will be more. "
"That is to say, in the next six months, we need to maintain the supermarket expansion in Shanghai, Shancheng, and Far away Technology and logistics development, we need to invest at least 6 billion RMB?" Li Dong asked again.
Yuan Chengdao replied, "That is true, but this does not include our own profits. The supermarket's profits should reach 2 billion RMB in the next six months. The shopping center and logistics will make about 500 million RMB. So, in total, we need to prepare 3.5 billion RMB for the next six months. "
"3.5 billion RMB …"
Li Dong murmured helplessly.
This does not include the supermarket expansion in other provinces, and does not include the real estate company. They still need to invest 3.5 billion RMB.
In fact, the supermarket does not need to expand to other areas, and its own profits are more than enough.
It was mainly on the logistics side. This year, they spent a lot of money. Almost all of the 3.5 billion RMB was spent on logistics.
If Li Dong stopped the construction of the logistics warehouse now, he could live comfortably and not worry about money.
But seeing that the situation was good, how could Li Dong be willing to stop the expansion at this time?
Taking a deep breath, Li Dong did not hesitate anymore. He said, "I understand. I will raise the money. You don't need to stop here. Also, in Shanghai, continue. 1 billion RMB has been spent, there is no reason to give up halfway. Isn't it just 3.5 billion RMB? We will invest less than 600 million RMB a month. It is not a big deal. "
Not to mention Yuan Chengdao, Sun Tao, Chen Lang, and the others all had a headache.
The big boss is the big boss. Did you hear what he said?
600 million RMB a month, not a year, not half a year. He said it like money could be picked up from the ground.
Other than Faraway Group, does Li Dong have any other profit channels?
No!
According to his idea, in the next month, Li Dong had to prepare at least 600 million RMB. This was not Faraway Group's money, but Li Dong himself.
He didn't even need to think to know how difficult it was.
But the financing plan was stuck here. Otherwise, he could raise 10 billion RMB and spend as much money as he wanted.
The others did not say much and did not ask more.
When Li Dong announced the end of the meeting, everyone left.
Sun Tao walked at the back. He thought about it and whispered, "General Manager Li, if it doesn't work, lower the standards a little. There are still a lot of people who are optimistic about us …"
"No, just do as I say!"
Li Dong looked determined. He made up his mind. He would not do the three items in the mall if it was less than 30 billion RMB.
Sun Tao was helpless. He hesitated and said, "Why don't we stop at the logistics side?"
"No, continue." Seeing Sun Tao frowning, Li Dong smiled and said, "It's just money. Don't worry, I will think of a way. If it doesn't work, I will sell my Baidu shares. "
"Ah?"
Sun Tao was surprised. He did not expect Li Dong to sell his shares at this time.
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