Chapter 751 Young Master Zhao
"Mr. Tang has misunderstood. Of course I am willing to believe you.
But Delong suddenly had such a huge debt, and no one was prepared. It is understandable that I doubt it.
And I believe that I am not the only one who doubts it."
"Yes, Mr. Tang. We don't want to doubt it either, but the group suddenly had so much debt, which really makes people doubt it."
"Mr. Tang, I think we should check the accounts before making a decision."
Tang Wanxin's face darkened.
His eyes were full of anger.
Just when he was about to explode.
Ahem...
Everyone looked over subconsciously.
Tang Wanli, who had not spoken, said calmly.
"I have the audacity to say a few words. It is understandable that everyone suspects that there is something wrong with Delong's accounts.
If it were me, I would not be able to accept the fact that the career I have worked hard for all my life suddenly suffered a major loss of 57 billion yuan.
But I, Tang Wanli, can assure you with my life that Delong's losses are real and there is no exaggeration at all."
As he said this, Tang Wanli stood up tremblingly.
He had a serious illness and his hair was now gray. Compared with the high spirits when he became the chairman of the All-China Federation of Industry and Commerce in 2002, it made people sigh that things are impermanent.
"I apologize to everyone on behalf of the Tang family. It is us who caused Delong to fall into the current predicament.
The Tang family is sorry for you."
Tang Wanli bent his waist.
"Brother...!"
"Big brother...!"
Everyone was moved for a while.
Although Tang Wanli did not manage much in Delong, he had a superior status.
Born as a teacher, he was kind and steady. He treated Delong's employees with the style of an honest and humble elder, so he was highly respected in Delong.
He was also the ballast stone of Delong.
He had great prestige among conservatives, reformers and centrists.
His apology instantly reversed the situation on the field.
Tang Wanli stood up with the help of Tang Wanping.
Facing the eyes looking at him, he said with emotion.
"Everyone, Hanhua's conditions are the best conditions I can get for you. As long as you agree, Delong's debt will not implicate you.
In addition, the profitability of Hanhua private equity funds must have been known to everyone over the years.
As long as you invest, there will be no losses in five years.
This is also the last dividend our Tang family has won for you.
I guarantee that you will have enough wealth to guarantee your life after leaving Delong.
In addition, I, Tang Wanli, promise you here that if anyone here has difficulties in life and can't make ends meet in the future, please call me at any time.
As long as I, Tang Wanli, have a bite to eat, I will never let you go hungry!"
The emotional words instantly suppressed all the previous doubts and dissatisfaction.
Tang Wanli gave Tang Wanxin a look while sitting down.
The latter understood.
"The content of today's understanding has been said before. Now raise your hands to vote. Those who agree to sell Delong Group to Hanhua raise their hands."
Tang Wanxin raised his arm first after he finished speaking.
Tang Wanli, Tang Wanping, and Tang Wanchuan also raised their hands in turn.
Next, Huang Ping, the No. 5 figure in Delong Group, also raised his arm.
Wang Hong, Zhang Wanjun, Hong Qiang, all the important directors of Delong International raised their arms.
Zhang Yeguang looked at the situation in front of him and knew that the situation was over, so he also raised his arm.
His compromise meant the split of the reformists.
Nie Xinyong looked ugly.
He knew that he was powerless to save the situation.
Is Delong Group Tang or Nie?
After the vote was passed, Tang Wanxin called in the representatives of Hanhua Capital and Hongyan Fund who were waiting outside.
Under the witness of the lawyers of both parties, the equity transfer agreement was formally signed.
However, Delong's acquisition has only just begun.
Because Delong Group has many listed companies, the acquisition needs to be approved by the China Securities Regulatory Commission.
Although Delong Group has such a large asset with zero cash, if the debt is included, it is 57 billion Chinese yuan.
It can be said to be the largest acquisition since the reform and opening up.
Of course, the approval of the Ministry of Commerce is required.
Finally, Delong's business scope not only includes China, but also involves the United States, Germany, Canada and other markets, so the approval of the Ministry of Commerce of these countries is also required.
Only after these procedures are completed.
This acquisition can be considered to be truly settled.
Looking at the signing scene, Nie Xinyong turned away with an ugly look.
After leaving the Delong Building and returning to his residence in Shanghai, he took out his mobile phone after a little thought and called out.
It rang for a while and was soon connected.
The other side of the phone clearly heard the explosive music and the charming flattery of women.
A picture of feasting and drinking, surrounded by beauties appeared in Nie Xinyong's mind.
"Old Nie, what's the matter?"
A young and dissolute voice came over.
Nie Xinyong calmed down and said quickly: "Mr. Zhao, there has been a major change in Delong's affairs. Tang Wanxin sold Delong Group to Xu Liang."
"What did you say?"
Nie Xinyong repeated.
"Turn off the music."
With a roar from Mr. Zhao, the music in the box stopped instantly, and the women serving around also became quiet.
"Old Nie, you said Tang Wanxin sold Delong to Xu Liang? The Xu Liang who founded Hanhua and Hongmeng?"
"That's him. Now the two parties have signed the acquisition contract, and the only thing left is approval."
"Fuck you, Nie Xinyong, what did I tell you back then?
We must let Delong go bankrupt, we must let Delong go bankrupt.
What about you?
Sold Delong to Xu Liang.
Do you think my surname is Zhao is easy to bully? ah……! "
Nie Xinyong had sweat on his forehead and looked nervous.
"Mr. Zhao, this is a huge misunderstanding. I am strongly opposed to selling Delong to Xu Liang. Everyone who attended Delong's board of directors today can testify for me.
But Tang Wanxin caught everyone off guard by throwing out Delong's total debt of 57 billion Chinese dollars.
Such a huge debt made everyone understand that no matter it was Morgan, AIG, or major state-owned enterprises, they would not be able to swallow such a huge loss.
Only Xu Liang, who has strong capital, has this strength.
Coupled with the influence of the Tang brothers in Delong.
I just can't stop it. "
"Are you fucking stupid? Tang Wanxin said that Delong's debt is 57 billion, just 57 billion? Won't you refute it?"
Nie Xinyong smiled bitterly and said: "Mr. Zhao, I have tried my best to refute it. But Tang Wanxin was very well prepared and directly took out Delong's balance sheet.
Everyone here is Delong's senior management, and they can tell with just one glance that it can't be fake. "
"Does Deron really owe so much money?"
"yes."
"I didn't expect that the famous Delong would actually be an embroidered pillow."
Mr. Zhao mocked.
"Mr. Zhao, although we were caught off guard by the Tang brothers and couldn't stop Hanhua from signing the contract with Delong, this acquisition is so big that it definitely needs approval from above.
We can make some articles from this. "
"You guy's head turns very fast."
"When working for Mr. Zhao, of course you must do your best."
"Haha, I like what you said."
Nie Xinyong smiled apologetically and said, "What about what you promised me before...?"
"We'll talk about it after the Delong matter is settled."
"Master Zhao..."
Listening to the blind tone on the phone, Nie Xinyong couldn't hold himself any longer.
“#¥%&&……”
After a venting national curse, Nie Xinyong took a long breath.
His body seemed to have lost all strength and he sat down on the sofa.
He looked dazed and looked ugly.
He looked like his dead father.
——
Mr. Zhao hung up the phone. After thinking for a while, he waved his hand.
"Everyone, go out, you don't need to wait here anymore."
The scantily clad beauties got up and left one after another.
After driving out all the friends around him, Mr. Zhao picked up his cell phone and dialed.
"What trouble did you get into again?"
A middle-aged man's voice came over.
"Dad, you are looking down on me too much. I didn't cause any trouble this time. Not only did I not cause any trouble, I also made a great contribution."
"Speak up if you have anything to say, otherwise I will block your card."
"No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no."
A guy named Nie Xinyong developed inside Delong.
I originally wanted to get a share of the pie through this guy after Delong went bankrupt.
Unexpectedly, I just heard from this guy that Xu Liang of Hanhua had signed an acquisition agreement with Delong... "
"Wait a minute, you said Xu Liang acquired Delong? Xu Liang of Hanhua?"
"Who else could it be but him?"
"you sure?"
"Dad, if I lie to you, I will be struck by thunder."
"What about the conditions? What are the conditions for Xu Liang to acquire Delong?"
"This, I forgot to ask." Mr. Zhao said a little embarrassed.
"Ask now, ask now, call me back when you're done."
"Okay, okay."
After hanging up the phone, Mr. Zhao quickly called Nie Xinyong again.
In fact, there are many more calls like this.
Delong's directors all have their own networks, and many interest groups have contacted them in order to acquire Delong.
Therefore, the news of Delong's acquisition spread throughout the country in a short period of time, and even affected foreign countries.
the next day.
On February 16, 2005, the eighth day of the first lunar month and the day after the Spring Festival holiday, an explosive news spread across China at lightning speed, even affecting business and financial media around the world.
The world's top financial institution, 'Hanhua', and the Xu family office, known to the public as 'Hongyan Fund', have joined forces to reach an agreement with the Tang family to fully acquire the Delong Group by assuming all debts.
China's largest enterprise group, which controls 120 billion yuan in assets, owns more than 500 companies and nearly 300,000 employees, suddenly changed owners in a surprising way.
However, whether this transaction can be successful in the end still requires the approval of the commerce ministries of various countries, especially the Chinese commerce department.
This sensational news has sent the Chinese business community into a tizzy.
Everyone was talking a lot.
More than 2,000 GPs who have invested in Delong's financial institutions warmly welcome the acquisitions of Hanhua and Hongyan.
But there are also many people who don't want this acquisition to succeed.