Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 283

Transfer with Existing Mortgage

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Since mid-October, the progress of various projects of Haoyu Construction has entered a period of rapid advancement like clockwork.

Chen Wei stood in front of Floor-to-Ceiling Window in his office, looking at the construction vehicles coming in and out downstairs. For the first time, he felt that the stone in his heart was lighter.

More than a month.

It has been more than a month since signing the contract, and she has devoted all her energy to those suspended projects.

Lifting the lockdown, resuming work, paying debts, stabilizing people's hearts - she has to keep an eye on everything personally, and new problems arise every day.

But now, we are finally on the right track.

She took a sip of the cold coffee, turned back to her desk, and opened the document she had been preparing for a long time.

Non-Core Assets list.

This is the bottom line of Zhao Chen - all non-Core Assets will be stripped away.

The so-called non-Core Assets is everything except the Real Estate project, land bank and construction company.

Including those trading companies with equity participation, two long-term loss-making building materials factories, a bunch of messy equity investments, and several small properties that should have been disposed of long ago.

The total book value is 150 million.

But among these assets, there is the most special one - the headquarters building of Haoyu Construction.

This building is located at Banan District, with 12 floors and a construction area of 12,000 square meters. It was built ten years ago and is the office headquarters of Haoyu.

The net book value is 90 million, but based on the current land price, the market price is at least 130 million.

The problem is that this building has long been pledged by Chen Jianye, with a loan of 60 million.

According to normal procedures, the loan must be repaid and the mortgage released before selling the property.

But for the current Haoyu, 60 million Working Capital is occupied, which may affect the progress of the project.

Chen Wei looked at the document and thought about it for a long time.

Then she picked up the phone and dialed the number Zhang Qingxue.

The two made an appointment on the phone to go find Zhao Chen together.

Half an hour later.

Chen Wei stood at the door of Zhao Chen's office and took a deep breath.

She was holding the document about the headquarters building in her hand, her knuckles turning white.

Zhang Qingxue next to her glanced at her and said softly:

"Nervous?"

Chen Wei nodded:

"Kind of."

Zhang Qingxue pushed up his glasses:

"It's okay. Xiao Chen is not a serious person and is easy to talk to. Besides, you are one of our own now."

own people.

This word made Chen Wei's heart move slightly.

She took a deep breath and knocked on the door.

"Come in."

Opening the door, Zhao Chen was standing in front of the window, holding a cup of tea in his hand, chatting with Su Wantang standing aside.

The sun shone in from behind, coating his body with a pale golden outline.

He turned around, saw the two of them, and nodded slightly:

"Sit."

Chen Wei and Zhang Qingxue sat down on the sofa.

Su Wantang poured a cup of tea for each of them.

Zhao Chen came over, sat down opposite, and put the tea cup on the coffee table.

He looked at Chen Wei:

"Say it."

Chen Wei put the document on the coffee table, and when he spoke, his voice was steadier than he expected:

"Chairman Zhao, regarding the headquarters building, Lawyer Zhang and I discussed a plan."

Zhao Chen leaned on the sofa, waiting for her to continue.

Chen Wei said:

"The building is mortgaged and the bank is owed 60 million.

According to normal procedures, the loan must be repaid and the mortgage released before the property can be sold.

But if we spend this money now, it will seriously affect the construction progress.

Unless the group can provide financial support, the pledge must be released first."

She paused:

"So we were wondering if we could talk to the bank and sell the building without releasing the mortgage.

Wait for the funds to arrive before repaying the loan."

Zhao Chen didn't speak, just looked at her.

The gaze was very calm, but Chen Wei always felt that something was quickly calculating behind those eyes.

Zhang Qingxue added next to it:

"This operation is legally called 'transfer with security'.

The key is that if the bank agrees, it needs a strong guarantor."

Zhao Chen nodded:

"Guarantor?"

Chen Wei met his gaze:

"Henglong."

The office was quiet for two seconds.

Zhao Chen leaned on the sofa and tapped his fingers on the armrest twice.

Those two beats were very light, but Chen Wei's heartbeat followed them twice.

She suddenly became a little unsure.

Is this condition too much?

Henglong just acquired Haoyu, and now it wants to guarantee the assets of Haoyu?

If something goes wrong in the middle, whose account is it?

She was thinking about whether to add something, when Zhao Chen suddenly smiled.

The smile was very weak, but there was light in the eyes:

"You do know how to make an abacus."

Chen Wei was stunned for a moment.

Zhang Qingxue pushed up his glasses slightly and raised the corners of his mouth slightly.

Zhao Chen picked up the tea cup and took a sip:

"Then tell me, how much is that building worth?"

Chen Wei hurriedly opened the file:

"The net book value is 90 million, but based on the current land price, the market price is at least 130 million.

After selling it, I will pay back 60 million to the bank and get a net profit of 70 million."

She raised her head:

"Chairman Zhao, this money can solve many problems. With this money, it is very likely that the parent company will not need to continue to invest in subsequent project development."

Zhao Chen thought for a while:

"How confident is the bank?"

Zhang Qingxue said:

"I have briefly communicated with that bank.

What they are most worried about is not selling the property, but not being able to get their money back after the sale.

If Henglong is willing to provide guarantee, they have no reason not to agree."

Zhao Chen nodded.

He looked at Chen Wei:

"Have you gone to talk?"

Chen Wei shakes his head:

"Not yet. I want to hear your opinion first."

Zhao Chen was silent for two seconds.

Then he said:

"Then you go and talk."

Chen Wei's eyes lit up.

Zhao Chen looked at her:

"After the negotiation is completed, this building is our first step in clearing the liabilities of the asset package."

When he said "we", his tone was very natural.

It's as natural as saying something that's taken for granted.

Chen Wei Suddenly felt a little hot in his eyes.

But she endured it.

She just nodded:

"Thank you Chairman Zhao."

Zhao Chen waved his hand:

"Don't thank too early. Thank you after the negotiation is complete."

He stood up and walked back to the window:

"If you have any problems with the bank, please contact Lawyer Zhang at any time. If you need my intervention, please let me know."

Chen Wei stood up:

"Understood."

She and Zhang Qingxue turned and left.

When she walked to the door, she suddenly looked back.

Zhao Chen stood in front of the window, the sunlight fell on him, coating his entire back with a warm golden color.

She suddenly remembered the calm and almost indifferent tone when he said "I'm not interested in Haoyu" in Tea House when she first met him.

At that time, she thought this man was too scary.

Now she feels that this man is worth following.

She gently closed the door.

Being able to dispose of Haoyu's headquarters building and reduce liabilities without taking up Henglong's cash flow is also a test of her ability.

She accepts this test.

It also needs to be completed beautifully.

End of Chapter
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