There are not many ways to raise funds for enterprises, one of which is equity financing, etc., but these are obviously not suitable for Yifei. Therefore, only by continuing and consistent financing methods can we achieve our goals through debt financing. The so-called debt financing is actually a mortgage loan, and Yifei has done it countless times!

If Bai Nian and Fei Yuan were companies like Phantom, Yi Fei would definitely choose to issue corporate debts. Although they also need to mortgage their property, the public is definitely very happy to get such bonds. This kind of bond can only be said to be an investment for buyers. Even if they have everything in it, they have no right to interfere in any business of the company. They only have the right to receive principal and interest.

However, what kind of trust can emerging companies like Bainian and Feiyuan get? Just kidding, Yi Fei definitely doesn’t want to end up being ignored after the bond issuance. So it’s better to go directly to a bank loan...

However, what he has to do this time is not simple. If he wants to raise sufficient cash, he must make detailed and appropriate arrangements. He gritted his teeth and said that the key to this financing is Hong Kong Dragon.

Hong Kong Dragon was in need of funds, but Yi Fei did not hesitate and transferred 300 million US dollars left by his Swiss bank to inject 100 million US dollars into a hundred years, and then demanded 300 million US dollars for Xin Ru to form a company.

At the board meeting of Dragon Airlines, Yi Fei held $600 million and had too much confidence. He swept through everyone present for a week and pointed to the electronic display board with a serious expression: "I believe everyone has seen that Dragon Dragon has been rectifying in recent times, and its stock price has fallen a lot, which directly affects the wealth of everyone present."

"Now, according to the opinions of Centennium Corporation, the rectification and reorganization have basically ended. Hong Kong Dragon will fully operate and become a real dragon flying in the air!" Speaking of this, Yi Fei paused suddenly: "But everyone has seen the current situation of the company. If the capital is short, you can't do anything if you don't have money to buy a plane! Therefore, Centennium decided to increase its capital, and I hope everyone present can make the same decision to support the company's take-off."

An uninformed director couldn't help but ask: "What does this matter to us? You sold the plane a hundred years ago. Even if you have money now, you can't have a plane right away!"

As soon as these words were said, several directors shook their heads with a smile. Yi Fei's eyes lit up slightly. He was not afraid of someone resisting or no one was talking, so he would have no choice. His eyes moved to the director's face, and a sarcastic smile appeared on the corner of his mouth: "Dr. Zhang, you won't be so out of date. Don't you know that more than ten motivated aircraft have been shipped out of the factory, but you have not accepted any company's orders yet."

Boeing and Airbus are only produced after accepting orders, and it takes many years to hand over the plane. The motivations are different, and everything seems to be ready. Shortly after officially entering the aviation industry, more than ten aircraft immediately appeared, and they are still leaving the factory at a speed of five every month!

I can't blame this Zhang Cheng for being ridiculed. I don't know such a big news, it's so damn! Yi Fei took a deep breath and stared at this Zhang with extremely sharp eyes: "Hong Kong Dragon doesn't need to be so unwilling to the company's director. Now, as the company's chairman, I ask to vote immediately and kick Zhang Dingjiang away..."

All the directors were shocked. Zhang Dong just said one wrong sentence, and Yi Fei immediately asked to vote to kick him out, which was too cruel. Zhang Dong was obviously not a very capable person, and was immediately scared by Yi Fei's words and turned pale.

"Who agrees..." Yi Fei looked around with a smile, which made everyone feel cold, thinking that this might be Yi Fei's determination to establish his authority: "Who opposes..."

One after another... several hands were raised intermittently, after all, that Dong was too bad. The whole world was surprised by the news of the motivation, but Dong didn't know anything about this. It was indeed too much.

The most important thing is that the people of Cathay Pacific hesitated for a moment and expressed their support, so they could basically ignore the result of the votes of other people. Although Yi Fei still didn't know why Cathay Pacific supported him like this, he was still very grateful. He glanced at Dong: "Zhang Dingjiang, please leave the board of directors immediately, otherwise the security guard will come in and invite you out!"

Seeing that Dong left angrily, Yi Fei smiled slightly and stretched out his finger and flicked it: "Who is willing to increase the capital now?"

The person in charge of Cathay Pacific fell into great hesitation. Cathay Pacific and Air China both received an explanation from Qin Bai, telling them that Yi Fei is capable of achieving the goals they want, so if you want to operate better, you must support Yi Fei. This is why Yi Fei has been supported by even the outrageous thing about selling airplanes.

The person in charge also thought about selling planes, thinking that since selling planes can support it, capital increase is nothing. So he nodded and stretched out his hand: "Cathay Pacific agreed to increase capital..."

Yi Fei smiled proudly. He mainly targeted Cathay. Although Cathay hopes that the Phantom can take over, its operating conditions are definitely quite good. Cathay Pacific's capital increase means that it is optimistic about the prospects of Hong Kong Dragon. It is enough to make the company's stock rise, and you can borrow more money at that time!

Obviously, Yi Fei's "conspiracy" was successful this time. In the end, everyone on the board expressed more or less capital increase, which made Hong Kong Dragon add 1.5 billion US dollars out of thin air. Subsequently, Hong Kong Dragon borrowed another $2 billion from the bank, holding a total of $5 billion.

Yi Fei did not rush to raise funds with the Hong Kong Dragon equity held by Centennium, but immediately asked Ning Xiaoyu to lead the Hong Kong Dragon team to buy the plane. The motive refused the orders from other companies, but accepted the orders from Hong Kong Dragon. There may be all kinds of factors, but the most important factor is definitely because of Xiao Ran. This is a compensation, a complete compensation.

Xiao Ran made up for the previous attacks of Phantom on Yi Fei and Qi Yuan, and also admired Yi Fei's accurate judgment of selling aircraft without depreciating Boeing and Airbus. Otherwise, the motivated aircraft would have been sold long ago, so he would have been his turn to buy it.

However, Xiao Ran obviously hoped that Yi Fei would stand up with his own ability, and his motivation was almost unchanged in price. In the end, Ning Xiaoyu bought it at a 10% discount, which was the discount of the first transaction and it would be gone in the future. This made Ning Xiaoyu sigh in the future that it was so refreshing to do business with Phantom. His almost unbiased attitude sometimes makes people depressed...

There are several models of aircraft made by the motor. Ning Xiaoyu considered that the original route was set up with flexible aircraft changes. Therefore, he bought a lot of medium and relatively small aircraft. In the end, he won the eight most luxurious ones in one go, delivered in batches and paid on delivery. There were about eight small and medium-sized ones in total, and this time he paid for it in one go, and the plane was taken away.

This time, Hong Kong Dragon's large-scale procurement obviously attracted global attention, so naturally I won't mention the depression of Boeing and Airbus. This purchase of the total amount of more than 5 billion US dollars suddenly made Hong Kong Dragon show a momentum beyond Cathay Pacific. The eight aircraft with a unit price of 300 million to 400 million is enough to be the boss.

Hong Kong Dragon's stock price is constantly appreciating, and Yi Fei was satisfied that Wen Jia would gradually sell out the stocks he had bought before. As soon as he went in and out, he earned Yi Fei 600 million Hong Kong dollars, which was bought in private name.

At this time, when Yi Fei saw that it had risen to a new number under various news, he finally started negotiating with the bank. This time, Yi Fei chose Bank of China. Due to the appreciation of the stock, Hong Kong Dragon has exceeded Cathay's stock price for the first time due to capital increase and other reasons. In this way, the stocks held in a century are worth US$2.5 billion.

Yi Fei definitely wanted to play ruthlessly this time. If Qi Yuan hadn't tried his best to stop him, Yi Fei might have even mortgaged Xinli, which has appreciated rapidly. In the end, coupled with the hundred years itself, he finally successfully borrowed $2.8 billion in the bank! It was barely enough for all Dai Ning's investment this year.

At this time, Yi Fei and Qi Yuan could only describe it as dismal. In order to seek development funds, Yi Fei and Qi Yuan borrowed some of the equity of Australia Entertainment in the early stage, and now it can be said that there are debts everywhere. Only Australia Entertainment still has some equity without mortgage, Xinli, Delai and Feitu Electronics did not borrow. That is their last magic weapon, and I will never dare to touch it again...

That night, Yi Fei was scolded by his mother and said that he would use billions to buy a plane and mortgage loans everywhere! Yi Fei, who was extremely depressed by the lesson, fled to Qi Yuan's home and saw Liu Lu helping Qi Yuan's parents. Qi Yuan was in the study upstairs, staring at the computer screen and muttering something...

"Old crazy, you aren't really crazy, are you?" Yi Fei finished everything, basically relaxed a lot, and he became too casual when he started joking.

He slapped Qi Yuan and shivered, Qi Yuan shivered, looked up and glared at him fiercely, pointing at the monitor and was very depressed: "Look at the good thing you did. If Ning Xiaoyu hadn't sent this financial statement, I'm afraid I wouldn't know that we were so miserable..."

"What financial statements?" Yi Fei leaned over in confusion, and what he saw was indeed a century-old financial statement! Only then did he remember that what Ning Xiaoyu stuffed him today was actually a thing.

With Bainian and Feiyuan as its flagship, Bainian has three major subsidiaries, namely Macau Entertainment, Hong Kong Dragon and Chengxing, and several subsidiaries under Macau Entertainment and Hong Kong Dragon. Hong Kong Dragon is a relatively pure airline. Except for some industries related to the aviation industry, there are basically no other affiliated industries.

However, there are quite a few subsidiaries under the Macao Entertainment, and SJOB is one of them, which is a subsidiary specializing in the gambling industry. In addition, there are real estate, tourism and hotels and other things, which are indeed very complicated. Fortunately, Ning Xiaoyu reorganized at that time to make all this clear.

The market value of Macau Entertainment is more than 8 billion US dollars, Chengxing is more than 800 million US dollars, and Hong Kong Dragon is more than 6 billion US dollars. In this way, it is worth nearly 16 billion US dollars. It seems to be quite considerable, but the debt amount of these companies is quite large, and with a hundred years, the total debt is as high as more than 8 billion US dollars.

Feiyuan is relatively better, Delai is worth more than 700 million yuan, and Xinli, a potential company, has soared to around 500 million due to the release of software. The market value of Xinyue is 2.8 billion yuan, and Feitu's own turnover is not too high, but because it has mastered a lot of technology, the market value is also as high as 1.1 billion yuan. In addition, Feiyuan's real estate companies and Xingchen Entertainment, the total value is 400 million to 50 million yuan.

That means Feiyuan's total market value is around 5.5 billion US dollars, but in terms of debt, Feiyuan's burden is much lighter. Xinli and Feitu have no debt at all. The debt of Delay, New Testament, Star and other companies combined is less than 1.8 billion US dollars, only one-third of the debt ratio, and the century-old debt ratio even exceeds 50% of the red warning line.

Yi Fei and Qi Yuan can manipulate more than 20 billion US dollars in total, but according to normal equity calculations, their wealth belongs to them on the books is more than 13 billion. However, if the debts attached to the equity are removed, their total net assets are only barely more than 8 billion US dollars. They are also burdened with terrible debts...

Yi Fei smiled awkwardly. On the statements that belong to Feiyuan and Bainian, he could clearly see the bright red debt number of the hundred years he controlled! And Feiyuan... that ratio was normal, he was simply a model for good asset operation!

Of course, Qi Yuan didn't want to blame Yi Fei, but just wanted to remind Yi Fei with facts. Originally, based on profit development, their total net assets this year could exceed at least nine billion. Just compared with the purchase price of Hong Kong Dragon's equity, he had already made more than hundreds of millions of US dollars. However, now he has always stayed at the figure of eight billion.

He didn't care whether the wealth had increased. At this point, no one would care about the amount of wealth. He just knew very well that it was because Yi Fei took debts and loans everywhere that he had paid off high interest rates, which meant that all the profits this year were evaporated in this damn loan!

Yi Fei soon thought of what Qi Yuan wanted to express, and his expression had to be serious. In fact, from last year to this year, all aspects of operation were very outstanding. The total profits of the two major companies, Bainian and Feiyuan, have a chance to exceed one billion US dollars this year. Although it has only been one quarter now, the appreciation of Dragon Airlines alone is an indirect profit, but the profit is not reflected on the books, just because everything was swallowed up by the loan interest rate.

"I understand your idea. When I first proposed the plan, I was the first to agree!" Qi Yuan frowned. He specifically referred to Ning Investment: "But now I realize that our plan was a bit hasty, and did not consider the development momentum of Centennian and Feiyuan, which made the endgame now."

Yi Fei thought silently and Qi Yuan was right. When they decided on this plan, they basically had no much business experience. As a result, today, there was a shortage of funds because they did not calculate the speed and scale of development of Renfeiyuan and the century-old century.

After hesitating for a moment, he nodded: "Before there are more favorable profit points and technologies, we must stabilize the rest of this year. Daining will start construction next month and is expected to be initially opened in 2010."
Chapter completed!