Chapter 80 Funding Solution

Seeing Ye Jianbin and his other cars leave, Xu Si and Xie Wanqing suddenly smiled. Xie Wanqing covered her waist and smiled and said, "I'm still worried about how to explain your age to Ye Jianbin. Unexpectedly, they didn't realize it at all..."

"Look, he only wears such old-fashioned clothes every time, and always likes to have a stern face, pursed lips, and likes to stare at people. Who can tell his age is that there is a ghost?" Xu Sifeng's face was as beautiful as a smile, "I can't even remember how he just met him..."

"I still remember, I can't forget it. At that time, Zhang Ke rushed out and hugged Zhitong out from under the wheel. I can't forget it." Xie Wanqing smiled and reached out to hold Xu Si's elbow, "Try your new car."

Xu Si was stunned. Zhang Ke had not mentioned to her that he had rescued Zhitong from under the wheel. Seeing that Xie Wanqing was very calm, he almost got rid of the sadness of the car accident. However, Zhitong refused to speak. She did not expect that Zhang Ke would rescue Zhitong from under the wheel. Could it be that Xie Wanqing trusted and indulged in Zhang Ke? Zhang Ke did not disappoint Xie Wanqing's trust and indulgence.

There is no sign of the Xinguang Paper Factory at the moment. The key is that you don’t know what Zhang Ke’s plan is.

The new car is full of leather smell. Xu Si drove the new car outside the parking lot of Jiafu in Donghai. Zhang Ke couldn't stand the leather smell. He stood by the parking lot and told Xie Wanqing about contracting the paper mill: "The ten-year contract period, profits are divided by 46% from the Chengnan District Government. Business tax is the main income of the local finance, and it is difficult to reduce or exempt. The taxes and fees such as corporate income tax are fully exempted for three years and 5 years are levy. During the contract period, the company has the right to give priority to the acquisition of paper mill assets. The conditions are not bad. Just wait for the new company to register and complete the contract management contract. Before, Sister Cai brought you a detailed information about Xinguang Paper Mill. The old factory will definitely be closed. The equipment and technology of the new factory can produce medium and high-end paper products that are urgently needed in China. The requirements for raw material pulp are also very high. At present, only imported mixed pulp can meet the requirements. Can Haiyu Company contact overseas traders on his behalf?"

"This is not a problem, but the funding gap required to organize production is relatively large. To put the full capacity into production, more than 10 million yuan is needed. How do you plan to solve it?"

"There must be a road before the car reaches the mountain, and I can't come in a hurry. I don't want to cooperate with the Zhengtai Group anymore."

Xie Wanqing smiled: "The inflation rate this year is very fast, the central bank has shrunk its money. Now it is almost the end of the year. The bank's annual loan amount has been used up long ago. Only large companies have sufficient funds. You can think of a solution yourself, that's the best."

Zhang Ke smiled: "I have considered some of the raw material pulp is traded with overseas traders in the form of letters of credit by Haiyu Company. It has a buffer period of three to half a year. The full-load production cycle of the new paper mill factory only takes one and a half months. As long as the time is fixed, the time difference of the letter of credit can be used to solve the problem of raw material procurement funds. Even if the credit limit of each bank is used up this year, Haiyu Company will not have any problem to issue a letter of credit with a 10 million letter of credit to the bank. Remove the major item of raw material procurement, and the new factory only needs three to four million to start production. There should be no problem."

The payment method of letter of credit is a main payment method for banks to participate in international trade settlement. For overseas traders, this method provides a reliable payer - the bank. As long as he ships out raw pulp strictly on time according to the contract, he can obtain a loan from the bank when the letter of credit expires.

As an intermediary trader between overseas traders and Xinguang Paper Mill, Haiyu Company has to advance funds to make a transaction, which will cause its own financial shortage. It only requires familiar banks to issue a certain amount of letters of credit to complete the transaction and enable the raw pulp to arrive at the domestic port. Haiyu Company does not even need to come forward. As long as specific notes and documents are provided, it can complete the second transfer transaction with Xinguang Paper Mill. Xinguang Paper Mill obtains raw pulp, organizes production, sales, and recovers funds. It only needs to pay the loan to the bank before the letter of credit expires.

The validity period of a letter of credit is usually three months to six months. In such a short time, including the transportation of raw material slurry to the country, the organization of production, sales collection, and the payment of the initial payment of goods through sales collection, all the opportunities must be planned accurately to be successful in the final success.

Xie Wanqing didn't know where Zhang Ke learned such a rich knowledge of financial and trade, and said: "This method can theoretically solve the problem of raw material payment, but it is a bit difficult to operate. All aspects must be coordinated well, and there is no way to make mistakes..."

"It mainly depends on the performance of Haiyu Company. From now on, we must actively look for overseas raw material pulp suppliers, and conduct offshore transactions as soon as the preparations of Xinguang Paper Mill are ready; another point is that when signing a contract, we should extend the term of the letter of credit as much as possible, so that we can have plenty of time difference. Of course, even if there are any mistakes, the time has been delayed until next year, and there is still a gap in funds, it will not be too big, and there will always be ways to make up for it."

Xie Wanqing nodded and said, "Then I will help you take care of the raw pulp..."

Zhang Ke smiled and said, "This transaction is done. Haiyu Company can develop in the direction of import and export trade. The regional channel can be completely moved to Haitai Company; as a stopgap measure, the product sales of Xinguang Paper Mill can be temporarily entrusted to Haitai Trade. If the sales preparation can be made one to two months in advance, with the current domestic demand for medium and high-end paper products, there is no big problem with sales collection, not to mention that there are still some funds in Haitai Trade account, so you can pay in advance first!"

There is a huge gap in demand for medium and high-end paper products in China. The sales collection time in the entire plan is also the most uncontrollable. Once Haitai Trade participates in this link, the sales risks borne by Xinguang Paper Factory can be minimized, which makes the solution proposed by Zhang Ke highly enforceable.

Xie Wanqing was also very excited when he heard Zhang Ke say this. When it comes to using resources, Zhang Ke used all the resources in his hands to the extreme. He contracted and operated Xinguang Paper Factory, made full use of the resources of Haiyu Company and Haitai Trade, and purchased raw materials and product sales, two relatively difficult links that were relatively difficult to grasp in a short period of time, except for Xinguang Paper Factory, which was shared by Haiyu Company and Haitai Trade to resolve the difficulty of overall operation.

Haitai Trading also has great benefits for Haiyu Company. Haitai Trading and Haitai Trading have some conflicts in channel trade business and need to transform its business direction. Haitai Trading is outside of digital mobile phones and needs new business additions.

Xie Wanqing is now looking forward to seeing how Zhang Ke solves the problem of the start-up capital gap necessary for production. It will not be too difficult to piece together three to four million startup funds, but Zhang Ke's performance is even more exciting. Xie Wanqing pursed her lips, looking at Zhang Ke's slightly childish face but was full of perseverance, and she was completely confused about not encountering difficulties.

Because the lunch was delayed for too long, Xu Si had no time to visit her sister Xu Wei at Donghai University.

The supper was eaten in Xinmeiyuan. Xu Si first walked into Donghai Province, a community that seemed mysterious to outsiders. Most of the party and government leaders of Donghai Province live in Xinmeiyuan. It was also the first time that Xu Xueping, secretary of the Provincial Political and Legal Affairs Committee, was in charge of the trial of Ding Xiangshan's case. It can be seen that Xu Xueping's family loved Zhang Ke not only because Zhang Ke rescued Zhitong from under the wheel.

On the dining table, Xu Xueping asked about the Haitai trade. He knew from Xie Wanqing that Zhang Ke was involved in these things. Compared with his lover Zhou Shuhui, he was worried that these might delay Zhang Ke's study. Xu Xueping agreed: "I went to the city to be a school at the age of eleven, and only went to school after liberation. Looking back, it was still a three-year apprenticeship career, which was the most beneficial to my life..."

There were many macroeconomic topics on the table. The most serious problem of the domestic economy in 1994 was the high inflation rate. How to use market means to regulate the economy, reduce the inflation rate while maintaining the necessary economic growth is a headache for all national leaders. The inflation problem plagued the domestic economy until 1996, and achieved a successful soft landing, avoiding the domestic economy suffering a heavy blow in the Southeast Asian financial crisis that broke out in 1997.

Zhang Ke believes that it is not an exaggeration to win the Nobel Prize in Economics at this time by the Vice Premier in charge of domestic financial and economics.

As the secretary of the Provincial Political and Legal Affairs Committee, he suddenly cared about the domestic economic situation. The significance behind it is self-evident. Since 1992, economic construction has become the top priority of domestic construction. Previously, Xu Xueping also participated in a short-term economic training class.

Due to professional relations, Zhang Ke is more concerned about the development trend of the industry he is in. He belongs to the micro-economic category and does not have a deep understanding of the macro-economics. However, he has a preliminary understanding of the macro-economic regulation that is relatively successful in the next decade.

Although there is no deeper understanding, the direction of understanding is in line with the mainstream views in the current economics community and also in line with Xu Xueping's taste.

Living in Xinmeiyuan at night, Xu Si and Xie Wanqing took care of Zhitong and rested in the same room. Zhang Ke accompanied Xu Shuai to play Go and continued the unfinished topics on the dining table. He was thirsty and yawning until two o'clock in the morning, and then went back to the room to wash and go to bed. The next day, it was still early, but Xu Xueping left the house early to go to the provincial party committee. He thought that the old man who was nearly 60 years old was not simple. He might not have more than five or six hours of rest a day, and he could hardly see his eyes tired.
Chapter completed!