Rebirth 1991: My Financial Era

Everyone arrived at Linjiangxian's box.

Li Chuxian said: "How old is my brother? I take the liberty of calling him Brother Sun, okay?"

Sun Renyu was no longer Wu Xia A Meng, so he casually agreed and said, "Brother Li, it's an honor for you to call me brother."

"Then you're welcome! To be honest, the branch attaches great importance to your warehouse receipt pledge loan model, and your peers have also made a name for themselves. It's amazing!"

Sun Renyu couldn't figure out the details, so he could only say: "My little Sun loves making friends the most, and your friends in the same industry are my friends!"

"Okay, you are generous enough. You have more friends and it is easier to travel. My brother, I will introduce you to a few friends today!"

"I can't ask for it!"

"Good brother!" Li Chuxian turned around and said to the driver Xiao Zhao, go pick up President Zheng from ICBC and tell him to recommend a customer to him.

Xiao Zhao turned around quickly and went out.

After a while, ICBC President Zheng came over, with a chubby face and a few sparse hair, neatly combed.

"I, Zheng Chaodong, are glad to meet you!" Zheng Chaodong stretched out his fat hand and shook everyone's hand.

"Hello Zheng Xing, I am Sun Renyu from the tertiary industry company of the branch. Thank you for meeting me. Please take your seats."

Li Chu took the main seat first, Zheng Chaodong took the left-hand seat, a leader of the CCB branch took the right-hand seat, and Sun Renyu sat as the assistant.

I drank from cup to cup. Li Chu spoke first: "Brother Sun, this President Zheng is my classmate. You still need more support from him in your business. Let's have a drink and exchange business cards."

Sun Renyu didn't have a business card, so he thought he would print one tomorrow and accepted Zheng Chaodong's business card.

"Thanks to Li Xing for the connection, I will definitely visit Zheng Xing another day."

"Don't thank me. I feel very sad. If the branch hadn't stipulated a limit on corporate loans, it wouldn't have been Lao Zheng's turn!" He laughed loudly. Everyone laughed and started fighting each other.

Sun Renyu had a pound of food, but with so many customers, he didn't dare to drink freely. He had to stay awake to pay the bill. He couldn't figure out the details of why Li Chu called Zheng Chaodong first, so he simply didn't think about it. Sun Chen wants to keep a low profile now and doesn't come to dinner. Let's just give him a headache later.

The meal lasted until 11 o'clock. Wucheng is still relatively conservative now, and nightclubs have not been opened up yet, otherwise Sun Renyu will still have a headache.

Sun Renyu returned to the rental house and saw Sun Chen reading a book, so he briefly explained today's situation.

"Zheng Chaodong wants to be like Li Chuxian and let us take over the business and help them resolve their bad loans!" Sun Chen is a veteran in finance. He saw through it at a glance. How can he rush to introduce cases from other banks to customers? He must be trying to copy them. The model of Red Star Food Factory.

"But this is a good thing. We get what each other needs! Only in this way can we cooperate for a long time. We are about to borrow more and increase leverage at the bottom!"

"Still taking it, you have such a big appetite." Sun Renyu was already numb and teased.

"Dad, the fun is about to begin, we need cash."

The next day, the loan from China Construction Bank arrived, and Sun Renyu and Sun Chen went to withdraw cash.

The value of the steel products is 20 yuan, and the loan is 24 yuan. After deducting the 8 yuan for buying the warehouse, I got 16 yuan. The advance payment of 6 yuan turned into 16 yuan in cash, but the loan increased by 24 yuan, and there was still a payment of 24 yuan unpaid. Sun Renyu felt unsure.

In 90, the country promulgated regulations on state-owned land use rights, allowing the transfer of state-owned land use rights. Sun Renyu followed Director Zhang to go through the warehouse transfer procedures. It turned out that the land of the Red Star Food Factory was allocated land, and a land transfer fee of 1 yuan had to be paid. After completing the procedures, he only had 15 yuan left in his hand.

Under the command of Sun Chen, Sun Renyu went to pick up the second batch of steel that day, and exchanged the initial payment of 9 for 300 tons of steel inventory.

Then, Sun Renyu went to Director Liu of the Hankou Branch of China Construction Bank for a loan without stopping, and got a loan of 36 yuan.

至此，孙仁宇父子共银行负债60万、应付货款60万，合计120万。固定资产8万、货物75万、现金46万，合计129万。

In Sun Renyu's view, the 10 that Sun Chen gave was also a loan, and now his net worth is -1, making him a real loser.

Once Sun Renyu settled the score, he was completely uneasy.

"Dad, it's okay. Our 75 yuan worth of steel has to wait for a price increase. If we sell it now, we can earn 90 yuan at any time. We can't lose money. Don't look at the book numbers. Don't worry." Sun Chen had to give his father some thought. Work can only take half a mile if you travel a hundred miles, so don't be discouraged now.

"We have to find Director Wang again to pick up the remaining 500 tons of steel."

"You still mention it?" Sun Renyu was a little reluctant.

"Hehe, if you don't mention steel, why are you borrowing so much money? No interest? You can't pay it back in advance now." Sun Chen smiled with a smile on his face.

"You kid, you're so brave!" Sun Renyu could only rush the duck onto the shelf and continue walking.

When we arrived at the office of Director Wang of Hansteel, there were more people queuing up this time, unlike before, which was deserted. Sun Chen motioned to Sun Renyu to hide at the end before going in.

At 6 o'clock in the afternoon, Director Wang's office was empty. Sun Renyu hurried in and greeted Director Wang with a smile.

"Director, last time you said that 1000 tons of 500 tons would be picked up first. When do you think we can arrange for us to pick up the goods again?" Looking at Director Wang, Sun Renyu directly stated his intention.

"Brother, you have also seen how many people are waiting for me here!" Wang Zhijun took the Hongtashan handed over by Sun Renyu and took a puff, "I haven't taken a few puffs of cigarettes all day."

When Sun Chen saw this situation, more and more people predicted that steel prices would rise. The Spring River Plumbing Duck predicted that the economy was starting to pick up!

Sun Chen and Sun Renyu said that if they adopt Plan B, the entertainment fee will be doubled.

"It's true, Director Wang, you have worked hard. This is the reimbursed entertainment fee. Please take a look."

Sun Renyu took out a double portion of the entertainment fee and handed it over, feeling a pang in his heart. He only had so much money saved in more than ten years, and he gave it away all at once.

"Oh, I'm interested." Wang Zhijun pinched a handful and stuffed the envelope into the drawer.

"Is Lao Sun okay?" Wang Zhijun took out the contract and prepared to fill in the numbers. "Should I keep the account period for you, or should I divide it into five orders?"

"You don't need to be bothered, it'll be fine once." Wang Zhijun glanced at Sun Renyu and said to himself, you're good, it seems like you're making money.

After writing the documents, Sun Renyu invited Wang Zhijun to dinner, but was rejected. He was too tired!

The next day, Sun Renyu went to Hansteel's Finance Department early to pay the fee and arrange to pick up the goods.

After the goods arrived in the warehouse, Sun Renyu remembered that he wanted to visit Zheng Chaodong from ICBC.

Sure enough, after chatting for a while, Zheng Chaodong directly explained the purpose. The loan could refer to the Construction Bank's plan, but it had to help resolve a non-performing asset. The Youyi Garment Factory loaned 10 yuan.

Youyi Clothing Factory has a small shopping mall of 8000 square meters. Sun Renyu was also unambiguous, sign it and resolutely implement Sun Chen's leverage plan.

In the end, Sun and his son had a bank loan of 120 million yuan, a payment of 120 million yuan, a total of 240 million yuan; a total of 18 fixed assets, 150 million inventory, and cash of 69 yuan, a total of 237 million yuan; net assets - 3 yuan.

Sun Chen's operation was as fierce as a tiger's, and the leverage added up to his net worth became negative!