My autobiography is definitely not a tragedy!
Chapter 685 - 430 What Level of Player?

Chapter 685: Chapter 430 What Level of Player?

"Mr. Tang is right; I have indeed been having some headaches with these oil tankers recently.

However... sell them off at a low price? I’m curious about what method you’re proposing?"

Gao Yuan followed up, prompted by the other party’s comment.

"It’s like this, Chairman Gao should also be aware that our Gao Sheng Group also has investments in the leasing of large oil tankers and has numerous international shipping company customers.

If you trust us, you could completely delegate the task of selling or subleasing them to us. In this regard, our professional level at Gao Sheng is second to none globally."

A hint of proud expression surfaced on Tang Yijing’s face.

As an investment consultant at Gao Sheng, he indeed had reason to be proud in this area.

It is known that Gao Sheng not only invests but also acts as a top broker in mergers and acquisitions, asset management, and acquisition consulting with an abundance of experience.

Their network and resources are far beyond those of ordinary enterprises, which is why many financial transactions and services are inseparable from Gao Sheng.

"Of course, I am aware that you urgently need funds at the moment, so actually the second option might suit you better.

That would be to directly sell these oil tankers to us at Gao Sheng and then we will find suitable buyers on the international market.

After all, finding the right buyer is not that easy, and it could unfortunately take a year and a half if luck isn’t on our side.

However, by doing this, the risk would be transferred to us, so about the price..."

Chairman Gao understands the current market conditions for oil tankers. If we want to get the group’s agreement, I’m afraid... we can only offer around 80% of your purchase price..."

Listening to Tang Yijing unfolding his "suggestion,"

Yet Gao Yuan’s face revealed no particular expression at the time. Her fingers tapped rhythmically on the table as though she was absorbed in thought.

Thinking Gao Yuan was interested, Tang Yijing seized the moment to continue. "Chairman Gao, the most important thing in business management is risk avoidance.

In my opinion, there’s nothing wrong with your investment in the IT industry; however, it was a bit hasty entering the completely unfamiliar field of shipping.

Shedding this burden and divesting your biggest risk asset will not only greatly relieve your company’s cash flow but also facilitate future financing, raising your company’s value."

Tang Yijing’s analysis was very sensible in the eyes of any business operator.

After all, these oil tankers are seen as a bad asset by everyone; in Gao Yuan’s hands, they generate no profit and can’t be liquidated, just tying up a huge sum of money unnecessarily.

Instead of being stuck with them, selling them at a discount is almost certainly the best outcome.

For Changqing Biological, it was merely paying a small price to rescue Bin City Shipyard.

And gaining a share in the shipyard that was usually impossible to buy, as well as favor from the mayor...

Naturally, the deal wasn’t too much of a loss.

However...

Gao Yuan looked at Tang Yijing and suddenly flashed a smile, revealing her teeth.

"Hehe! Frankly speaking, this acquisition was also due to a request someone entrusted to me; I was pushed into it... If I could quickly get rid of the ships, that would indeed be my hope.

However, we acquired those 8 oil tankers at the price of 3 billion RMB; selling them at 80% would only fetch 2.4 billion RMB, losing several billion in the process... This is somewhat hard for me to accept."

Tang Yijing nodded, "There will indeed be losses, but as you know, taking these oil tankers off your hands also means us taking on a great risk.

I believe that even in the current market, this price is high. The key is that it can help Changqing Biological restore a healthy cash flow.

That’s what’s most important!"

He spoke earnestly, seemingly having Changqing Biological’s interests at heart.

"To be honest, when I learned of the major breakthrough your team has achieved in the biotech field that captured the world’s attention, I couldn’t help but admire you.

I even fully supported my daughter joining Baiyeji!

Why? Isn’t it because Country Hua sorely lacks down-to-earth and earnest entrepreneurs like you, Chairman Gao, who invest heavily in research and development?

I’m here with the fullest sincerity, hoping to facilitate cooperation between our two sides, using our rich asset management expertise to help your company through difficult times.

Um... How about this, Chairman Gao? Whatever price you think is acceptable, I’ll go back to our company and try to negotiate the best I can. What do you think?

After all, our group is very optimistic about Changqing Biological, and I believe we’d be willing to show the utmost sincerity to make an entrepreneur friend like you!"

Gao Yuan looked at him and finally nodded slowly.

"Hmm! Of course, I believe in your company’s sincerity, and indeed we do have a real need to handle these assets quickly..."

Joy surged in Tang Yijing’s heart, a smile uncontrollably appearing at the corners of his mouth...

"As for the price... What do you think of 3.6 billion?"

Tang Yijing’s smile instantly froze on his face.

"Wha... What?!"

He thought he had misheard and asked again for confirmation.

"Did you say... 3.6 billion, Chairman Gao?!"

"Yes! That’s right, 3.6 billion," Gao Yuan confirmed with a smile.

Tang Yijing was left utterly dumbfounded.

Good grief, not only is there no discount, but she’s also hiked up the price?

In this market situation, not only does she not plan to cut losses, but she wants to make a huge profit?

Am I the one who’s gone mad, or is it you?

Watching Gao Yuan with an easy smile, Tang Yijing felt utterly bewildered.

This wasn’t going according to the script he’d prepared!

In his mind, the script should have been like this...