BXBX NOVEL Chapter 402: Loan
Chapter 402: Loan
At noon, Su Yang and Wang Dong took a taxi to the restaurant.
On the way, Su Yang felt, ‘I suppose it’s time for the company to buy a company car, It’s really inconvenient to always take a cab.
‘In addition, Pan Zhaodi has already gotten me my license plate and also my very own driving license. It’s time to bring out the Ferrari in Tang Jing’s house for a spin.
‘Nice cars and beautiful women, the fantasy every man dreams about!
‘Imagine driving the Ferrari to school with Chuxia...
‘Oh my god, the thought of the scene makes me so excited!
‘But then, I seem to recall that Chuxia doesn’t like to be so ostentatious. Why not... I ask Lin Jiali out instead?
‘I think I can accept that... barely.
‘I think it doesn’t matter if it’s someone else.
However, I think Pan Zhaodi will be the first one to sit in my car. After all, she is my secretary.
‘Or could it be Tang Jing?
‘After all, I’ve been hogging her garage for free for a very long time.
‘As for Xu Lu... I think she’ll try and hitch a ride anyhow.
‘I’m overthinking things.
‘Having women around while I’m driving...
‘How am I supposed to focus on my driving!
‘However, from another perspective, how am I supposed to drive without women around...’
Su Yang thought about it for a long time. When he came back to his senses, he saw Wang Dong sitting beside him cautiously.
Ever since Su Yang’s development became faster and faster where he swallowed Jun Qing Intermediary like a snake swallowing an elephant and filmed a popular movie, the distance between Wang Dong and him increased.
Originally, when the two of them had just started their business, they sat together in the coffee shop, worrying about the future of the company.
Now, one of them owned a small corporation while the other was the vice president of a medium-sized company.
The boost in their identities did not close up the distance between them, but increased it instead. It had been a long time since they had a proper conversation.
Su Yang patted Wang Dong’s shoulder and called out the nickname he used to refer Wang Dong to. “Brother Dong, how have you been recently?”
Perhaps Wang Dong did not expect Su Yang to suddenly show concern for him. He was stunned for a moment before he smiled and said, “Very good. Ever since my income increased, my girlfriend and I moved to a bigger house. Furthermore, we’re preparing to get married.”
Su Yang was surprised. “Oh? So fast?”
Wang Dong nodded. “I think it’s alright. We’ve been together for many years. We haven’t been married before because we didn’t have money.”
‘I suppose that’s true.
‘I remember when I first met Wang Dong, Wang Dong had just happened to break up with his girlfriend. At that time, the two of them had been together for 5 to 6 years.
‘The reason for the breakup was also because the girl couldn’t imagine herself having a future with Wang Dong.
‘Later on, because of me, the two of them got back together again. Now that Wang Dong had finally stabilized and could be considered successful in his career, the two of them started to plan for marriage. I suppose one could say that the destined lovers are back together again.’
At that thought, Su Yang smiled and said, “That’s good. Remember to send me an invite when you get married.”
Wang Dong grinned. “Definitely.”
Su Yang had always had a good impression of Wang Dong.
‘Wang Dong’s a typical person with an ordinary talent, he doesn’t have much ability and is not very promising to begin with based on my interactions with him and the judgment from [A Talent Printer That Likes To Jog].
‘This is especially true when I asked Wang Dong and little bun to do the same task, their efficiencies could not be compared to Zhou Quan at all. After all, both of them only had ordinary talent while the other has a 3-star talent.
‘But... What am I supposed to do about it? Wang Dong’s my senior in my company.
‘We’re brother-in-arms, I was able to earn my first bucket of gold because of his connections.
‘Therefore, even if he’s incompetent, I’ll definitely come to some arrangement for him. After all, I’m a sentimental person.
‘Moreover, I also hope that Wang Dong would be able to change his life because of me and have a good ending with his wife...’
Very soon, the two of them arrived at the restaurant.
By the time they got out of the car, Pan Zhaodi was already waiting for them. Before they left, Su Yang had already sent Pan Zhaodi a message to ask her to make arrangements.
Pan Zhaodi was still very dependable when doing things, carrying out a lot of instructions better than Wang Dong. After all, she still had 1-star talent despite how bad she was.
When they entered the restaurant, Pan Zhaodi led the two of them upstairs to the private room.
After about twenty minutes, a thin man who looked to be in his 40s’ walked in.
He was not tall, only about 1.6 meters. He was so skinny that he looked sickly at first sight.
Wang Dong whispered into Su Yang’s ear, “Mr. Su, this is Mr. Shen. I heard from within the industry that he has gastric problems and is malnutritioned. That’s why he looks like this.”
Su Yang nodded.
He walked over and extended his hand to Mr. Shen. Then, he said politely, “Hello, Mr. Shen.”
When Mr. Shen saw Su Yang, he smiled and extended her hand. “Hello, Mr. Su. It’s been really difficult to try and meet you.”
Su Yang smiled and said, “I’m usually busy, so I haven’t got much time to spend in the office.”
Then, he added, “But, generally speaking, Mr. Wang is in charge of our company’s operations, so you can look for him directly if need to, he’s fully authorized to handle things.”
Wang Dong’s eyes revealed some agitation. It made him feel very respected by pulling up his status in a public location. Especially since the compliment was made directly from his boss, he could hold his head and chest up high in the industry in the future.
Mr. Shen smiled and shook hands with Wang Dong again. He said to Su Yang, “Indeed. Mr. Wang is very professional as your right-hand man.”
They were all smart people, so no one dared to embarrass another person.
When the three of them were seated, Su Yang picked up the menu and asked Mr. Shen to order first. Mr. Shen did not order and merely said that he had no preference.
Su Yang then passed the menu to Pan Zhaodi for her to handle it.
When Pan Zhaodi started to order, Su Yang started chatting with Mr. Shen. “Mr. Shen, here’s the thing. Our company is in need of a loan recently, we’ll need it for about half a year approximately.”
A look of interest appeared on Mr. Shen’s face. “That’s good. I was just being worried about my sales rapport.” He asked, “How much money would you need, Mr. Su?”
‘From how I see it, the profits from investing in a startup company would only be 7 to 8 million yuan a year, I would definitely not be able to lend him too much in the short term. At most, I should be able to lend him a few million yuan for some cash flow. I suppose it would be within my jurisdiction to get it approved.
‘Plus, even if I approve it, I wouldn’t have to worry about Su Yang not being able to return the money. After all, he should have quite a bit of cash on hand and the startup businesses would be enough to be a collateral anyway.
‘When I’m done achieving my sales target, the startup companies could borrow some money to develop themselves as well.
‘Win-win situation.
‘Plus, banks have always loved to target startup companies who would be strapped for cash.’
In the end, he heard Su Yang say, “Well, it’s not much. I just need to borrow 50 million yuan.”
“How much?!” Mr. Shen’s voice was a little loud and his face was filled with shock.
Meanwhile, Wang Dong was also so shocked that he could not close his mouth.
He was more familiar with the company’s business than Su Yang. Therefore, he was stunned when he heard about the 50 million yuan loan.
‘Even if he could somehow borrow 50 million yuan, how much would half a year’s interest be?
‘Even if all the company’s profits were taken to pay the interests, it would still take more than five years!
‘But Su Yang intends to return it in half a year... How is that possible?’
If Wang Dong could think of it, Mr. Shen could obviously think of it as well. He suppressed the surging emotions in his heart and said to Su Yang with a smile, “Mr. Su, you must be joking. If you want to borrow it over a long period of time, you can definitely do it. But if it’s over the short term... I don’t think startups will be able to make 50 million yuan in profit in the short term.”
Su Yang shook his head. “I don’t intend to repay the loan with the startup companies.”
Mr. Shen said, “This isn’t about how you’re going to repay the loan. It’s... the mortgage you will need to put up for the bank to borrow you such an amount of money. Your company certainly isn’t worth that much money.”
Su Yang said, “You might have misunderstood. I don’t intend to use the startup businesses as a collateral.”
Mr. Shen said, “Oh? Then...”
Su Yang replied, “I intend to use Jiadian Technology...”
Mr. Shen was shocked when he heard that. ‘Jiadian Technology? Su Yang is actually willing to use Jiadian Technology as collateral?
‘Jiadian Technology? That’s the company that the Communist Party of China is proud of! It’s an excellent company!
‘Su Yang is actually willing to use this company as collateral?!’
Mr. Shen was a little excited.
However, before he could finish his excitement, Su Yang continued, “Jiadian Technology’s shares in Jiadian Pictures.”
Mr. Shen was stunned. ‘Jiadian Pictures? Is there such a company?
‘What company is this? Can it be mortgaged for 50 million yuan?
‘Su Yang seems to be lying to me.’
Su Yang said, “I bought over this film company to restructure it. The first movie that this company produced and released is the most popular online movie, “Fighting The Buddha”.”
Mr. Shen was even more confused. ‘An online movie? What the hell is that? “Fighting The Buddha”? Sun Wukong? Mr. Six? Lawyer letter?’
Su Yang could tell that Mr. Shen was at a loss for words. He waved at Pan Zhaodi and asked her to take out the documents that he had prepared. He then passed them to Mr. Shen for him to review.
Mr. Shen skimmed through the information quickly and was a little surprised.
He looked at Su Yang and asked, “Is the box office of this movie that high?”
Su Yang nodded. “Yes, it’s that high.”
Mr. Shen shook her head. “But even if the final box office earnings were to be 40 million yuan, You’ll only be receiving 10 million yuan. That’s not much.”
Su Yang explained with a smile, “The box office earnings of online movies and cinema movies are different.”
“Box office distributions, The main focus is on splitting the earnings. That means the box office stated has already been splitted.”
“If we’re able to receive 40 million yuan after the earnings have been split, then according to the chain of distribution, the lowest earnings of the movie would be 120 million yuan!”
“In that case, this would be the company’s net income.”
“Coupled with the value of the film company and our post-production studio, I believe it’s still worth 50 million yuan, right?”
When Su Yang said that, Mr. Shen nodded thoughtfully. He flipped through Su Yang’s information once more and slowly came to a realization. ‘There’s probably no chance of this flying.
‘If it was a long-term loan, it would be possible to borrow 50 million yuan with a startup company as collateral.
‘However, it would be too risky to use a movie whose final box office hasn’t been confirmed and a shell company as collateral, the risk is too great.