Although Gu Bai is in the directing departnt, acting class is also a mandatory course, and his acting skills are top-notch.
Qi Jianhong originally thought that Gu Bai already knew about this matter, but seeing Gu Bai’s expression, he couldn’t help but feel puzzled. It seed that Gu Bai genuinely didn’t know about it.
Qi Jianhong sighed and said, "Most of the reasons are due to misjudging the downsides brought by the developnt of cinema lines. At that ti, we borrowed 3 billion from the bank, all of which was used for the developnt of cinemas. However, at the beginning of the year, policies changed, the stock price plumted under the influence of the larger environnt, and the value of the pledged loans is now insufficient to cover the drop."
Additionally, the Ludao Fund learned about our group’s capital chain rupture and directly applied for our equity freeze, so now even if I want to sell stocks to cash out and save the situation, it has beco a fantasy."
It’s the sa investnt project, but there’s a fundantal difference between Gu Bai and Qi Jianhong. Gu Bai has a strong cash flow backing him up, so even short-term losses can be tolerated. But Qi Jianhong is different; all his cash support cos from bank and fund loans, and if there’s a problem with the capital chain, the banks and funds will imdiately turn against him.
Though Gu Bai was laughing in his heart, he put on a serious face and said, "So what does President Qi want to do?"
Seeing Gu Bai’s expression, Qi Jianhong thought there was a chance and imdiately said, "I want to use 30% of the Black Swan Film and Television cinema line’s equity that we jointly own as collateral to borrow 4 billion from Chairman Gu to stabilize the market."
Gu Bai raised an eyebrow and pretended to think.
Qi Jianhong imdiately continued, "Chairman Gu, you can rest assured that all loan interest is equivalent to bank loans, and once this crisis is over, I’ll promptly sell a batch of stocks to cash out. It won’t take more than 3 months to repay the entire 4 billion.
Huayi has already agreed to lend 600 million."
After Qi Jianhong finished speaking, Gu Bai glanced at the Wang Brothers, who were sitting nearby, smiling brightly.
No wonder they say Qi Jianhong and the Wang Brothers wear the sa pants. Huayi has been losing money year after year, its stock price continues to fall, almost unable to save itself, yet surprisingly, they still offer 600 million to help Qi Jianhong out at this ti.
"Chairman Gu, what do you think?"
Gu Bai ambiguously replied, "Let’s eat first. After all, 4 billion is no small sum. I have to discuss it with the board mbers."
Upon hearing Gu Bai’s words, Qi Jianhong’s heart sank. Everyone knows that the Black Swan Group is a one-man show led by Gu Bai. The board is just a facade. Now Gu Bai is using the board as an excuse, his attitude is already clear.
But Qi Jianhong had no choice but to smile and let the waiter serve the food.
The al was dull and lifeless. During the al, Qi Hongjian and the Wang Brothers frequently exchanged glances, while Gu Bai pretended not to notice, busy calculating his own plans.
Finally, after three rounds of drinks.
Gu Bai finally spoke, but his words made Qi Jianhong almost want to overturn the table and leave.
"President Qi, I just thought about it a bit, and I’m afraid I can’t agree to your request."
Qi Jianhong quickly inquired, "Is there sothing about the loan terms that Chairman Gu is dissatisfied with? You can bring it up, and we can discuss it."
Gu Bai gently shook his head.
"It’s not that I’m dissatisfied with the loan terms but rather the loan risk is too great, so much so that I cannot bear it. Moreover, our group is also expanding this year. We recently acquired the listed company Hongye Building Materials, which I believe you are aware of, costing a total of 6 billion, so my available funds are indeed limited. Just a few days ago, I confird a 7 billion large-scale acquisition plan with a seller from Eagle Country, and indeed funds are insufficient."
Gu Bai’s rejection was reasonable and well-supported. Although Qi Jianhong’s dark face looked sowhat unnatural, he really did not know how to respond.
He never had high hopes of borrowing from Gu Bai. Being refused seed only natural to him, but Gu Bai’s next words made Qi Jianhong’s anger uncontrollably rise.
"However, I do have another solution that could help President Qi solve the current crisis."
"Please tell , Chairman Gu."
"As far as I know, the Ludao Fund froze your Yao Lai Group’s stock in Wentou Holding, but hasn’t touched the stock of your other subsidiaries, right?"
Qi Jianhong vaguely guessed what Gu Bai wanted to say.
"Go on, Chairman Gu."
"If that’s the case, then it’s manageable. While your Yao Lai Group hasn’t been massively frozen, you could sell part of your assets, for example, your Yao Lai cinema line...
If President Qi is willing to sell the cinema line, I assure you that even if it costs everything, I will find the funds to acquire it."
Gu Bai sipped his tea lightly, his expression indifferent.
Qi Jianhong’s already dark face grew even gloomier.
The Yao Lai cinema line has been a strategic focus of the Yao Lai Group for years and is the core business of the group. Now, Gu Bai asking him to sell the Yao Lai cinema line is equivalent to asking Qi Jianhong to cut off his own limbs.
"Chairman Gu, aren’t you taking advantage of a crisis for personal gain?"
Gu Bai quickly feigned confusion and explained, "How could President Qi say that? I’m rely making a suggestion. If President Qi disagrees, I won’t force it.
It’s just that we currently have deep cooperation in the cinema line, and this is the only way your Yao Lai Group can save itself. I, as a partner, naturally consider our mutual interests first."
"Impossible, the Yao Lai cinema line will not be sold. Since Chairman Gu is unwilling to lend, I’ll try to find another way elsewhere."
In this world, no one understands the fate of the Yao Lai Group better than Gu Bai. Expectedly, it won’t be long until the Yao Lai Group faces bankruptcy and liquidation. When that ti cos, even if Gu Bai doesn’t seek him out, Qi Jianhong would co to him proactively.
"Since President Qi is determined, I have nothing more to say. As a partner, I sincerely wish President Qi can overco this crisis."
Gu Bai smiled as he offered his blessings to Qi Jianhong.
But in Qi Jianhong’s eyes, that smile had already turned into a weasel paying a New Year’s visit to a hen.
Although the negotiations broke down, neither side tore apart the facade. Gu Bai continued, "I rember at the last car show, President Qi had a Bugatti Chiron Sky Legend. If you’re willing, I can pay the full price to purchase it. Although over 20 million isn’t much, it can still help you with your imdiate problem."
At this point, Qi Jianhong had no energy to worry about luxury goods and supercars.
But Gu Bai did say sothing right: no matter how small a mosquito is, it’s still at. In order to save the market, he had sold a lot of properties, let alone a supercar.
"When does Chairman Gu have ti? You can send soone to pick it up."
Gu Bai didn’t expect Qi Jianhong to agree so readily. He thought Qi Jianhong would make things difficult for him for taking advantage of the situation, and now it seed he underestimated his magnanimity.
But understandably, as a business tycoon who started from scratch, he has experienced many storms; how could he fuss over such a small matter?
Now, all Qi Jianhong was thinking about was how to save his Yao Lai Group.
"No need to set another ti. Just today, since President Qi urgently needs funds, I might as well do my bit."
The gentle smile on Gu Bai’s handso face now appeared so glaring in Qi Jianhong’s eyes that soone with less self-control might have already picked up sothing from the table and thrown it at Gu Bai.
At this point, there was no need for Gu Bai to stay, so he got up and took his leave.
After Gu Bai left, the previously silent Wang Zhonglei finally spoke slowly, "It seems Gu Bai already knew about the crisis in the Yao Lai Group. Although we invited him to this al, he was probably more prepared than we were."
Qi Jianhong’s face was bleak as he sighed.
"For now, we’ll have to take it one step at a ti. Although he’s taking advantage of the situation, if it really cos down to it, I’ll still have to hand over the cinema line to him."
The atmosphere inside Box 1 instantly beca a hundred tis more oppressive than it was at the beginning.
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