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Chapter 1646 Bond Insider

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    Chapter 1646 Bond Insider

    Xiong Zhuang's worries are completely justified.  Deputy Director Qi Tian confirmed that the funds guaranteed by the Rongcheng Management Committee to the Liang brothers had exceeded 2 billion.

    At first, the Liang brothers proposed to issue bonds, which was opposed by other members of the team except Hu Jin.  The bonds issued by the Liang Brothers are publicly sold in the name of the Rongcheng Management Committee, and the funds raised are used for the infrastructure construction of the Management Committee.

    Under the premise of facing all the opposing voices, Hu Jin forcibly decided to issue it.

    This single bond raised more than 500 million yuan.  Among them, more than 300 million bonds were subscribed by the Ministry and Provincial Development and Reform Commission.

    All of this was handled by Deputy Director Qi Tian.  The bond period is five years and the annualized rate is guaranteed at 14%.  That is to say, to subscribe for a 100-yuan bond, when the five-year term expires, you need to pay 170 yuan when the issuing unit redeems it.  Such a high annualized rate naturally attracts hot money from the society.

    ?Because it is a bond issued by the Rongcheng Management Committee, its integrity is beyond doubt.  Therefore, in the initial stage of issuance, there was also the phenomenon that trustees purchased bonds.  It is estimated that 500 million bonds will be issued, and they will be sold out in less than five days.

    The Liang brothers wanted to increase the issuance. I don't know if Hu Jin considered the consequences or for other reasons. After the 500 million yuan bond was issued, he did not agree to the Liang brothers' request.

    All the funds absorbed by the bond issuance were transferred to the accounts of the Liang Brothers, and they were at their own disposal.

    What the Management Committee is most worried about now is whether the Liang Brothers will be able to redeem the bonds in full after they mature.

    With the first issuance experience, under the premise that Hu Jin refused to continue to increase the issuance, the Liang brothers bypassed the management committee and organized a bond issuance unit by themselves.  They claim to be a subsidiary organization of the Management Committee and raise funds from the society on behalf of the Rongcheng Management Committee.

    Hu Jin turned a blind eye to this matter, did not interfere, and did not support it.  He didn't come forward to stop it until the fundraising reached 2 billion yuan.

    In other words, the Liang Brothers raised two billion yuan through bond issuance.  And the funds invested by Rongcheng Management Committee in all projects are less than two billion.

    Now, the Liang Brothers intend to package all the projects at a price of 3 billion, and openly solicit transfer targets.

    The meeting lasted all afternoon, and Xiong Zhuang asked that the Rongcheng Management Committee did not want the Liang brothers to leave.  However, before they leave the market, they must first complete the redemption of the bonds.

    Xiong Zhuang's suggestion was supported by Qi Tian and Wei Fei.

    ? Deng Xiaofang did not express her opinion. She did not express her opinion on the proposal on the grounds that she had just been transferred to the management committee and was not familiar with the situation.

    Xu Yishan has not made a statement.  He is very contradictory now, supporting Xiong Zhuang's suggestion is obviously a distrust of the Liang brothers and Hu Jin.  Although Liang Brothers' later financing has no direct connection with Hu Jin.  However, the financing precedent was created by Hu Jin alone.

    Moreover, Hu Jin was the former head of Rongcheng Management Committee.  He must bear the corresponding responsibility for any problems with the management committee.

    I don't support Xiong Zhuang's suggestion. If there is a big hole left as Xiong Zhuang said, how will the hole be filled?

    He had to admire the shrewdness of the Liang brothers.  The funds they invested in the Hengyue cloud track project were collected by the Rongcheng Management Committee quietly.

    This tactic of empty glove and white wolf is really a bit proficient in playing.

    Xiong Zhuang strongly urges that necessary precautions be taken against the Liang brothers to prevent them from transferring funds.  He listed several points in detail. First, immediately freeze all accounts under the names of the Liang brothers.  Second, ask the relevant units to assist in restricting the Liang brothers from leaving the country.

    Xu Yishan didn't intend to express his opinion in a hurry, but after hearing Xiong Zhuang's proposal, he frowned.

    "Director Xiong, won't it be chilling to do this?" His voice was not high, but every word made Xiong Zhuang blush, "Rongcheng Management Committee is still in its infancy and needs to be vigorously developed. If we now  Investors take this kind of measures, if it is spread, will anyone invest in it in the future?"

    Xiong Zhuang did not back down and said: "If you don't take measures and something goes wrong, will Secretary Xu be responsible?"

    "What problems do you mean when you say there are problems?"

    "Such as transferring funds, such as fleeing abroad."

    "Are you creating a tense atmosphere?" Xu Yishan mercilessly fought back.  "Everyone says that the Liang brothers are going to run away. I want to ask, where can they go?"

    Xiong Zhuang said: "I don't need to give examples like this? Of course, if Secretary Xu is willing to take all the responsibilities, we have nothing to say. However, as a member of the leadership team, I have the responsibility to increase the risk."

    Speaking of??, Xu Yishan fully understood that Xiong Zhuan's so-called improvement in risk prevention was to control the Liang brothers.

    And this is exactly what Xu Yishan can't agree with the most.

    He had dealt with the Liang brothers several years ago.  When the Hongqiao was being rebuilt, he rejected the Hengyue Road and Bridge Company and Huang Daling, and handed over the rebuilding project to the Liang brothers.  At one time, people suspected that he had benefited from the Liang brothers.

    In the end, the Hongqiao reconstruction project of the Liang brothers failed to withstand the pressure of all parties, and they voluntarily withdrew, losing a sum of money.  I thought that the Liang brothers would no longer be interested in mainland projects, but when the Ma Yungui project was launched in Hengyue City, Xu Yishan found their brothers again.

    The Liang brothers' injection of capital into the cloud track project greatly relieved the pressure on Hu Jin, then secretary of the Hengyue Municipal Party Committee.  This ensures the smooth launch of the project.

    However, as Hu Jin was transferred away from Hengyue City, the Liang brothers' cloud track project fell into trouble.

    The third time was when Xu Yishan persuaded the Liang brothers to come to Rongcheng Management Committee to assist Hu Jin.  They came, but this time, they dug a huge hole.

    Obviously, the Liang Brothers package transfer project will not be groundless.  Although there is no obvious sign that the Liang brothers are going to retreat from the province, there are rumors that the Liang brothers have registered a larger company in the original province.

    It seems that their brothers have set their target and followed Hu Jin closely.

    Xiong Zhuang put a difficult problem in front of Xu Yishan. Any opinion on how to deal with the Liang brothers will determine the final direction of the whole incident.

    "Everyone, let me say a few words." Xu Yishan looked around and said slowly: "In order to build up the confidence of investors, I request that no coercive measures be taken against any investors. If a company wants to develop, it cannot  Bind their hands and feet."

    "Secondly, the issue of bonds must be implemented in place according to the commitments made at the time of bond issuance. There is still nearly a year and a half before redemption. Within this year and a half, no changes to the bond situation are allowed.  "

    "Thirdly, from now on, we should let go as much as possible and not interfere with the development of the enterprise. Members of the team here, our eyes are not to focus on how others want to develop, and we should not be jealous of how much money others make. Investors do not  Who wants to invest in making money? Let go of power, non-essential, non-interference."

    "Fourth, the division of labor among team members needs to be adjusted today."

    As soon as this remark came out, the audience was stunned.

    ? Stormy seas (remember this website URL: www.hlnovel.com
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