Rebirth 76: Industrial Internet Empire

"Huge debt?" Yang Mo asked in surprise.

August sighed: "Equity financing and debt-for-equity mortgages have made Cima Machine Tool Company heavily in debt, and the interest that needs to be paid every year is a large expense."

Qian Ning also murmured in a low voice: "No wonder Felix keeps urging me to dismantle the equipment. He is anxious to pay off his debt..."

Yang Mo then asked: "Mr. August, can I take the liberty of asking how much debt Cima Machine Tool Company has in total?"

August shrugged and said with a wry smile: "I'm not sure about the details. At the end of last year, the debt exceeded 800 million marks. In addition to the severance pay for more than 800 workers, I sold all the machinery, equipment, and factory land. It's probably too much." We can’t fill such a big hole!”

Yang Mo pondered for a moment and then asked: "Mr. August, how much investment do you think the Cima machine tool needs at least to resume normal production?"

“债务800万马克、三个月工资至少预备300万马克、原材料储备200万、流通资金200万，至少需要投入1500万马克才能恢复生产，这还不算后续投入技改研发资金！”奥古斯特想了一会儿之后说道。

It was after four o'clock that Felix, who attended the hearing, returned to Xima Machine Tool Company. After seeing Qian Ning, Felix spread his hands and said apologetically: "Mr. Qian, I'm very sorry! Our previous The used equipment sales agreement has to be cancelled!”

Channing's eyes widened: "Why? Mr. Felix!"

Felix said dejectedly: "In view of the complex debt and compensation issues of the company, in order to protect the legitimate rights and interests of employees, the Federal Labor Bureau is preparing to temporarily take over Cima Machine Tools. After an audit, it will decide whether to auction or restructure the assets!"

"Mr. Felix! What if a company is willing to acquire Cima Machine Tools, invest money to help the company repay its debts, and take over all Cima employees? Can the Federal Labor Bureau give up taking over Cima?" Yang Mo suddenly asked .

"Are you..." Felix asked suspiciously.

Qian Ning quickly stepped forward and introduced: "This is our boss Yang Mo."

Felix extended his hands enthusiastically: "Mr. Yang Mo, in principle it should be possible. We only need the Federal Labor Bureau to issue an official letter to terminate the takeover of Cima, and then we can have an in-depth discussion on the acquisition of Cima. "

"How can we get the Federal Labor Office to lift Sima's takeover?" Yang Mo continued to ask.

Felix shrugged and said with a wry smile: "We have to consult for details before we know. Mr. Yang Mo, do you think this is okay? Let Miss Yuliet accompany you to the Federal Labor Bureau tomorrow?"

............................................................

On the way back to the Casilla Hotel, Yang Mo felt strange. He couldn't explain what was wrong, so he turned to Lin Xi and asked, "Lin Xi, does the Federal Labor Bureau have such great power?"

Lin Xi looked embarrassed: "We will have to wait for consultation to find out the specific situation. I don't know much about the West German labor law, but I know that Western developed countries have always had strict legislation on labor rights. Enterprises In business operations, labor law is a red line that cannot be touched.”

Yang Mo turned to Qian Ning and said: "Will Zhiyuan International's talent circulation business also encounter legal issues that infringe on labor rights? Your main customers are Europeans and Americans. I think you will have to hire someone who is familiar with Western culture in the future. Legal Affairs of Labor Law.”

Qian Ning nodded: "I will make arrangements when I get back."

The next day, Qian Ning and Lin Xi followed Yuliye to the Federal Labor Bureau.

Bazel, the official of the Federal Labor Bureau responsible for the asset restructuring of Cima Machine Tools, gave Qian Ning and others a free labor law education and refused to let go of the withdrawal of the takeover notice.

Walking out of the gate of the Federal Labor Bureau, Lin Xi sighed: "It seems that we can only wait for the Federal Labor Bureau to slowly go through the procedures."

Qian Ning also said worriedly: "Based on what I know about them, the process won't be completed in less than a year and a half."

Juliet comforted him a few words casually, and when he was about to leave, Qian Ning suddenly said: "Ms. Juliet, do you have a reservation tonight? Our boss has made a reservation at the Buchman Hotel and would like to invite you to dinner, okay? ?"

Yuriye looked surprised: "Invite me?"

Qian Ning smiled and said, "Are we together?"

Juliet smiled and said: "Mr. Qian, you have a good boss. Does he often reward his hard-working subordinates?"

The Buchmann Hotel is a hotel that sells French cuisine. Although Coburg is a small border town, it is a place where many European royal families like to vacation.

Entering the reserved box, Yang Mo and Lin Guohua were already waiting here. Yang Mo pushed the menu in front of Lin Xi and Yuli Ye. Lin Xi knew Yang Mo. Although he is now considered a top rich man, this kind of But he rarely visited the high-end hotel, so he ordered a few dishes for Yang Mo and Lin Guohua, then pushed the menu in front of Yulie and whispered in English: "You are free to do as you like, don't save money for him... "

Qian Ning gave a brief report on how he went to the Federal Labor Bureau today. Yang Mo frowned and said, "It seems that there will be no results for a while."

But Yuliye suddenly said: "Mr. Yang, I heard a rumor, but I can't be sure whether the news is true or false, but according to my judgment, nine out of ten times it is true..."

"What rumors?" Yang Mo asked.

Ullie continued: "The Federal Labor Bureau has suspended the sale of fixed assets of Cima Machine Tool. It is said that someone is interested in the land of Cima Machine Tool and wants to use it to build a resort..."

Yang Mo nodded and said, "Don't mention it, this place is really suitable for a resort. It has a natural oxygen bar like the Thuringian Forest, an alpine ski resort that calls itself "Snow Waltz", and a castle with a medieval classical style. It’s hard not to make money!”

"They want the land, and we want the equipment and technical team. Isn't this contradictory? Why are we still dragging it out?" Qian Ning asked with a frown.

Lin Xi said: "You are stupid! If the equipment and factory buildings can be liquidated, and the severance pay and debts are collected, will Felix still be willing to sell the land at a low price?"

Juliet nodded: "The debt of nearly 1000 million marks makes Cima unable to breathe. The longer it is delayed, the more Cima can't bear it. Felix will probably compromise before long."

"Juliet, has any accounting firm made a formal assessment of Sima's assets and debts?" Lin Xi then asked.

Juliet nodded and replied: "We conducted an evaluation more than two months ago. Our assets are sufficient to repay debts and severance pay, but the Federal Labor Bureau is stuck."

Yang Mo suddenly asked: "Miss Yuliye! Are you interested in working at Zhiyuan International?"