Chapter 0485: Certificate of Deposit

Two days later, Wang Tao and Xiao Ma walked into an office in Shencheng Mansion.

“Mr. Ma, welcome.” Seeing the two coming in, Zheng Xinlong, the big boss of Shencheng City, smiled and stood up to greet him.

“Boss Zheng, hello. I will tell you how this is the boss of Shencheng, Boss Zheng, this is the boss of the Phantom Group, a very cheap major shareholder, Wang Tao, and Mr. Wang.” Xiao Ma smiled. Introduced the two.

“I’ve heard of the name of President Wang. I have watched the great cause of building the army three times.” Zheng Xinlong shook Wang Tao’s hand and said with a smile.

“Boss Zheng is polite.” Wang Tao also smiled. He didn’t expect that Brother Xiao Ma would directly make an appointment with the big boss of Shencheng.

The two parties sat down and after a few words of greeting, Zheng Xinlong smiled and asked, “I heard that Mr. Wang is interested in investing in Truly?”

Wang Tao shook his head and said, “It’s not an investment, it’s an acquisition.”

Hearing this, Zheng Xinlong’s face didn’t change, but he was taken aback. Yesterday, he received a return from his deputy, saying that Xiao Ma had taken his personal interest in investing in Truly.

Zheng Xinlong also had some headaches in the case of Truly, and it would be better for someone to invest. Knowing that it was Wang Tao, he also became interested.

Wang Tao has risen rapidly in the past two years. It is said that the big bosses have praised him greatly, and his wealth is also a mystery. However, according to the information disclosed outside, it is at least tens of billions.

The money is naturally not enough for Truly, but if it invests several billions and settles the debts of some suppliers, once a new mobile phone goes online, Truly still has a glimmer of life. This is also the reason why he decided to meet Wang Tao in person.

But I didn’t expect Wang Tao to talk about investment, but acquisition.

“This matter is that I didn’t make it clear to President Ma. It is indeed an acquisition, not an investment.” Wang Tao said again when both of them were silent.

“Truly’s current situation is not good, but its assets are nearly 30 billion. Even if its shareholders are willing to sell their shares, they are not too many. Therefore, their debts have to be repaid by Mr. Wang.” Zheng Xinlong saw Wang Tao said. , With a smile on his face, said.

He actually didn’t believe that Wang Tao had so much money, but he couldn’t say that directly. He had to use this roundabout way to remind Wang Tao.

Xiao Ma didn’t say anything on the side, and Xinli had considered it before, but for him it was a bad asset. 30 billion assets, even if it is discounted, at least 15 billion will be purchased.

After purchasing these shares, there is a debt of 30 billion in bonuses, which is equivalent to spending more than 40 billion to buy Truly. He is rich, but it doesn’t make sense to fill himself with a bad asset if he spends so much money.

Wang Tao smiled, took out a deposit certificate issued by Universe Bank from his briefcase, and handed it to Zheng Xinlong with both hands.

Zheng Xinlong took this certificate, and was slightly taken aback when he saw the series of numbers below, and then took a breath in his heart when he looked at the capitalized numbers.

Five hundred and five hundred million Chinese dollars, although he is in charge of the richest cities in China, such an amount is just a number for him.

But when this number belongs to an individual, he will still be shocked. If it were a large group company with so much money on its books, he would not be so, but this is a personal asset.

“This fund will be frozen for three months for the colleague who issued the certificate. It is also the fund I prepared for the special fund. Boss Zheng can let someone verify it.” Wang Tao was naturally very satisfied with Zheng Xinlong’s shock, and said.

“Mr. Wang, wait a minute.” Zheng Xinlong smiled at Wang Tao, then returned to his desk and pressed the button on the phone and said, “You come in.”

A young man in his thirties walked in, and Zheng Xinlong handed him Wang Tao’s certificate of deposit: “Go and verify.”

The young man nodded, took the certificate of deposit and walked outside.

“Pay attention to confidentiality!” Zheng Xinlong did not forget to exhort.

“Yes, boss.” The secretary had already seen the number above and said quickly when he heard this.

“Wang always doesn’t blame me for being so strange.” Zheng Xinlong said with a smile.

“Of course not, Boss Zheng’s attitude of a responsible person is worth learning from.” Wang Tao said with a smile.

“Come on, drink water!” Boss Zheng said with a smile.



After a while, the young man walked in with a certificate of deposit.

“Boss, it has been verified, and the proof is true and effective, and there is no problem with the source of funds.” The secretary respectfully handed the deposit certificate to Zheng Xinlong and said.

“Okay, go and get the relevant information of Truly.” Zheng Xinlong nodded and said to the secretary.

“Yes, boss.” The secretary said, and went out.

“Truly’s situation is actually not complicated. After all, it was their boss who was blindly expanding, and the funds were in good condition. However, they went to central Sichuan and were moved by the enthusiasm of the locals and decided to build a new production base there.”

“The bank did not approve a loan because their shipments did not meet the existing production line, and they moved part of the funds there.”

“The success of the past few years has also made their bosses feel a little frustrated. They don’t bother much and participate in various conferences everywhere. They also suffer from the habit of gambling, new product research and development have some problems, product quality has declined, and marketing expenses are added. Inadequate, last year I lost a lot of money all at once.”

“The bank got the news and started to collect loans, and all the problems of the subsidiaries were exposed.” After Boss Zheng confirmed Wang Tao’s funds, he also began to talk to Wang Tao about Truly.

“I have heard of these too.” Wang Tao nodded and said.

“As far as the public is concerned, I certainly hope that Mr. Wang will acquire Xinli, but I still want to ask, Mr. Wang is really so optimistic about Xinli?” Zheng Xinlong finally did not hold back and asked this sentence.

In his opinion, Wang Tao has tens of billions of funds and can do many industries. Why should he invest his money in this quagmire?

And it’s not that Truly is in a bad condition now. Even if it is in good condition, it is a second-tier brand in China. Such a large investment is meaningless.

“I am still very optimistic about the communications industry. What I do now is the Internet industry or the cultural industry. After all, it is not as meaningful as the physical industry.”

“Truly’s situation is really not very good now, but they have the foundation, whether it is production line or R&D personnel. They have even been engaged in chip and storage R&D. This is why I like them.” Wang Tao said with a smile.

Yes, he is willing to invest in Truly. His main focus is on chips. Truly has been engaged in chip research and development. Judging from the previously disclosed information, it has been smooth before.

However, there hasn’t been much movement in the past two years. I think it is because of insufficient funds or technical problems.

For Wang Tao, none of this is a problem.

Let me talk about capital first. It seems that it takes more than 40 billion to buy Truly, but that’s not the case.

Spend about 20 billion to buy shares, and the supplier owes more than a billion yuan. As for the bank’s arrears. The biggest one is from the Universe Bank. Once Truly becomes Wang Tao’s, the Universe Bank will naturally not call it back.

The same is true for other banks, which means that Wang Tao only needs to invest more than 20 billion to buy Truly.

The remaining funds can be invested in the research and development of new products, first to reverse the trust problem of consumers, and the second is the investment in chip research and development and 5G.

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