My autobiography is definitely not a tragedy!
Chapter 684 - 429 High-risk Project_2

Chapter 684: Chapter 429 High-risk Project_2

Tang Xiaoqi gave him a look and her eyes darted around.

"Hehe! How about we make a bet? Let’s bet whether this 10 billion will be rejected or not.

If I win, I can work wherever I want, and you are not allowed to interfere. How about that?"

"Xiao Qi, normally you might have a chance, but this is my area of expertise!" Tang Yijing said with a confident smile.

"Just tell me if you want to bet or not!"

"Hmm... okay!"

After the two had lunch, Tang Yijing saw Tang Xiaoqi off in a taxi, then he took out his cell phone and made an international call.

"Hello! Mr. John, hmm! The other party has agreed to meet, ... hehe! Alright, rest assured, I will definitely deliver a satisfactory result..."

...

That afternoon, Tang Yijing met Gao Yuan in the guest room of Changqing Biological...

"Chairman Gao, I heard about you from Professor Zheng back in Northern Country and have respected you for a long time. I did not expect you to be even younger than I imagined."

Mr. Tang, you flatter me; I have long admired the Gao Sheng Group as well."

Tang Yijing and Gao Yuan complimented each other while sizing each other up.

As business rivals, Tang Yijing had naturally investigated Gao Yuan herself.

He did not dare underestimate this businesswoman who had risen rapidly in a short time.

Of course, Gao Yuan was not outdone either.

The intelligence on Tang Yijing had long been collected on her desk.

The information showed that Tang Yun and Tang Yijing were from the same hometown. Tang Yijing did not come from a wealthy background, so he had been desperate to change his fate.

He studied hard, excelled in university, and even became a top investment banker...

To outsiders, Tang Yijing was almost the pinnacle of working-class success, a living motivational drama.

In Gao Yuan’s eyes, however, elites from poor backgrounds often had a common flaw... profit above all!

These are what some might call refined egoists.

For Gao Yuan, however, there weren’t many negative feelings toward Tang Yijing.

After all, the child of a poor family had to ascend to their position, to succeed.

One almost needs to give everything they have...

"Hehe! At Gao Sheng, what we admire most is outstanding entrepreneurs in the high-tech field like you.

It’s only through continuous breakthroughs in new fields like Changqing Biological that we see the future hope of the world. Our group is very optimistic about the future of Changqing Biological.

I believe Professor Zheng must have already mentioned the investment to Chairman Gao, right?" Tang Yijing said.

Gao Yuan nodded and responded directly,

"True, I’ve heard about it, but I’m sorry to say that our company does not have plans to sell shares at the moment."

Tang Yijing was stunned for a moment, thinking that Gao Yuan was trying to push for a higher price, so he tactfully said,

"Chairman Gao, forgive my bluntness, but it seems your company had recently borrowed a substantial loan of several billion from a high-interest lending platform, so the financial situation does not appear very optimistic.

In such circumstances, introducing external funds to alleviate operational risk would seem a prudent strategy, would it not?"

"Oh? Mr. Tang seems to know quite a bit about our company." Gao Yuan’s look was meaningful.

Tang Yijing nodded earnestly,

"Of course, we have a professional asset evaluation team. Since we are thinking of collaborating, we naturally have done a detailed assessment of Changqing Biological."

For a capital giant like Gao Sheng, business intelligence networks span the globe, and Country Hua is no exception, so there are hardly any secrets in the capital market for them.

The operational and debt situation of Changqing Biological had been almost thoroughly investigated by them.

"Chairman Gao, I hope you understand that 10 billion, at this price on a global scale, is a high premium."

"Hmm! I admit that, but as I said, we currently have no plans to sell the company."

Seeing Gao Yuan’s resolute tone, Tang Yijing suddenly felt somewhat startled.

This wasn’t quite the script he had anticipated, was it?

A Changqing Biological, currently maybe worth 3 billion at most, a more than triple premium acquisition offer, yet someone still disdains it?

"However... although I have no intention of selling shares, that doesn’t mean we don’t have opportunities for cooperation."

"Oh?"

Tang Yijing’s eyes lit up.

"However" indeed came, it’s not that I’m afraid you’ll pose conditions, I’m afraid if you won’t pose any!

"I would love to hear more!"

"Hehe! Just now, Mr. Tang was right about one thing. Our company indeed lacks funds recently, so we’re thinking of issuing some corporate debt.

If the Gao Sheng Group, with its substantial capital, is willing to purchase some, we can offer your side a generous interest rate..."

Tang Yijing: "..."

He was speechless.

After all that, so you’re looking to borrow money from us?

Well, it would be fine if your operations were healthy, but have you even looked at your balance sheet!

Apart from the two biotechnology patents in hand, what do you have left after deducting liabilities?

You’re already so heavily in debt, and you still think of borrowing?

I’ve seen real estate companies aggressively accruing debt, but never have I seen a high-tech company so thirsty for liabilities...

Looking at the smiley eyes of Chairman Gao in front of him, Tang Yijing always felt something odd in his heart.

I clearly came to discuss acquisition, so why does it feel like the opposite party sees me as an easy prey...?

"What? Didn’t Mr. Tang just say that he is very optimistic about the future of Changqing Biological? Isn’t this also a great way to invest?"

"This..." Tang Yijing coughed awkwardly.

"We of course are optimistic, but not in buying shares, rather in buying corporate debt, which doesn’t align with our original plan, so we might need to apply for approval from the group."

"No worries, we are not in a hurry, and we have enough patience to wait for your good news," Gao Yuan said with a smile.

Tang Yijing, seeing that Gao Yuan resolutely wasn’t selling shares and his objectives temporarily unattainable, thought it over and could only settle for the next best thing...

"Chairman Gao, purchasing your company’s corporate bonds can certainly be discussed further, however, as we understand, your company seems to have a high-risk project ongoing.

This point, I’m afraid, might cause some concerns over at the group."

"Oh? Which project?" Gao Yuan looked at him.

"Bin City Shipyard!"

"Hmm!" Gao Yuan nodded nonchalantly, as if waiting for him to continue.

"As I understand, Changqing Biological has heavily invested in Baiyeji, not only taking a stake in the nearly bankrupt Bin City Shipyard but also spending a huge amount to purchase eight gigantic oil tankers that currently have no market.

Given the present situation with oil tankers, such high-risk projects could potentially lead to huge losses, and I’m afraid no company would dare to accept your corporate bonds without reservations."

What Tang Yijing said was the truth; not only Gao Sheng, an investment bank, but even local companies like Xu Group from Su City, were all scoffing at the "investment joke" of Changqing Biological and Baiyeji.

In everyone’s eyes, the "Bin City Shipyard" project was definitely the biggest landmine in the operational process of Changqing Biological, unpredictable as to when it might explode.

A company that is seen as nearing bankruptcy by everyone, how could anyone dare to buy its debt?

"Hmm! Mr. Tang, you are correct, your concerns are completely logical and reasonable.

It’s truly a pity, it seems our cooperation might be put on hold for now," Gao Yuan said a bit regretfully.

Seeing the moment was ripe, Tang Yijing made a contemplative face, and after a moment he continued.

"Chairman Gao, being of Chinese descent and having the connection with Tang Yun, I personally am very keen to help your company reach cooperation with our group.

After a thorough study of your company, if Chairman Gao wishes, I actually have a compromising proposal here."

"Oh? What proposal?" Gao Yuan looked at him intently.

"In my view, the biggest risk for your company at the moment is those eight oil tankers. If you can dispose of this batch of tankers at a low price, your company’s financial situation could significantly improve.

Then whether it be corporate bonds or other financing, everything would naturally be negotiable."

emm...

Eight oil tankers...

Gao Yuan looked at him, her eyes suddenly becoming profoundly meaningful...