My autobiography is definitely not a tragedy!
Chapter 590 - 382: He Can Be Replaced_3

Chapter 590: Chapter 382: He Can Be Replaced_3

Director Zheng looked at the other party’s stooped back, sighed.

But she didn’t realize that Haitang had also followed them out...

"Mr. Feng!"

"Hmm?" Feng Liang turned around, puzzled.

"Lawyer Lin, do you have anything else?"

"Well... I wanted to ask, if you can’t win the lawsuit, what are your plans for the next step?"

"Plans?" Mr. Feng laughed bitterly.

"If we can’t win the lawsuit, we simply won’t have that much money for compensation; by then... Alas! Leave it to fate!"

"Is that so... Since this is the case, I wonder if I could take a bit of Mr. Feng’s time?"

"Hmm?"

...

Half an hour later, at a certain café.

"What? You plan to invest?!" Feng Liang’s eyes widened in disbelief.

Looking at the man and woman in front of him, both seemed to carry an air of authority, but judging by their age, they didn’t look quite like business tycoons...

From the names on the business cards in hand, one of them was the chairman of a pharmaceutical company called Changqing Biological, and the other was the general manager of a tech company.

"Do you know how much money Bin City Shipyard lacks? This isn’t a problem that can be resolved with just twenty or thirty million," Feng Liang said with a bitter smile.

"To my knowledge, the steep drop in crude oil prices in 2014 significantly affected Bin City Shipyard, as a specialist in marine engineering construction.

In October 2017, Bin City Shipyard was listed by the National Assets Commission as a company in extreme difficulty, and by 2018, it lost its ability to borrow from banks and could not conduct business normally.

Now entangled in lawsuits, with debts to banks, suppliers, employee salaries, and migrant worker wages... Currently, you are shouldering at least 20 billion yuan in debt.

I heard that Shengmao Investment, another major shareholder of Bin City Shipyard, has refused your request for capital injection and is even seeking to sell its shares.

The shipyard has already fallen into cessation of work and production. I predict that by next year at the latest, you will be forced into bankruptcy proceedings."

Gao Yuan casually drank some black tea and detailed the situation of Bin City Shipyard.

"This..." Feng Liang was astounded.

"There are typically only three outcomes to bankruptcy proceedings: a settlement, reorganization, or liquidation.

Even though I predict that you will most likely end up with a debt-for-equity reorganization plan, anything is possible, and the potential for liquidation is not non-existent.

Therefore, your best option right now is to find a third party to invest, to get through this crisis and minimize losses. Am I correct?"

"Er..."

Not only Feng Liang but also Hu Yifei standing by was stunned by Gao Yuan’s speech.

The partner Master Meng found for himself... is really something!

"You... really have the capability to invest?" Feng Liang went from initial skepticism to a mix of belief and doubt.

After all, unless there was genuine intent to cooperate, one wouldn’t conduct such thorough research on someone else’s shipyard.

The level of detail of this information was so precise that some of it he wasn’t even fully aware of...

"Yes! The cash I can readily provide is... around 4.5 billion yuan," Gao Yuan stated flatly.

Of course, the 4.5 billion she mentioned included 3 billion borrowed at high interest rates by mortgaging Changqing Biological’s shares from Cheng Biao’s ’well-being fund’.

And if you consider another 0.5 billion yuan in bank loans... the real cash of her own was only about 1 billion yuan.

But the other two in the room didn’t know this. Hearing this astronomical figure, both were utterly dumbfounded.

Seeing Gao Yuan’s gaze turn to him, Hu Yifei finally reacted.

"Oh! I can provide about 1.5 billion yuan!"

He had sold the Cretaceous project for 1.8 billion yuan, but after subtracting 15% for minority shareholders, about 1.5 billion was left.

Of this, 0.5 billion was under the name of Wanwu Security and also belonged to the Wanwu Holding group of funds.

"Sss~"

Feng Liang took a sharp breath.

So these two together could actually come up with 6 billion yuan...

Have I just run into the God of Wealth around the corner?

This wasn’t just a pie in the sky; it was like raining golden beans!

However, he instantly became on guard, feeling that it was too good to be true. Could it be a scam?

Seemingly reading Mr. Feng’s concern, Hu Yifei passed over another business card with a smile.

Mr. Feng received it with some puzzlement and immediately his eyes bulged.

"Hu... Mayor Hu?"

"Hehe! Exactly, my father. Mr. Feng, rest assured, we are no swindlers. If you need, the bank can also issue a proof of assets."

Holy cow! Was this really the son of the mayor?

"You... really are willing to invest?" he swallowed.

Hu Yifei looked towards Gao Yuan.

"As Mr. Meng said before, I’ll follow Sister Gao’s lead."

"Mr. Hu is too kind," Gao Yuan said with a smile and then turned to Mr. Feng.

"As to whether we can truly cooperate, that will depend on whether Bin City Shipyard has the sincerity..."

Mr. Feng: "..."

...

That very night, after Mr. Feng returned, Bin City Shipyard convened an emergency meeting...