Chapter 52: Consignment
Wang Liu obviously disdained to do such a meticulous job as he has not graduated from junior high school.
After seeing off Li Ke and Zuo Xicheng, they looked directly at Yang Kai and said, "After all, Is it okay to write an application?"
Yang Kai was stunned for a moment, then said, "No problem, I will definitely get it done."
"Then I'll leave it to you, hurry up and hurry up." Wang Liu patted his shoulder and followed him over. In addition to being a driver, he should also play other roles.
"I understand." Yang Kai emphasized.
The next morning, an application was handed over to Wang Liu.
"So fast?" Wang Liu looked at the application, then looked at Yang Kai with two dark circles in his eyes, and said in surprise: "I told you to hold it tightly, but I didn't let you hold it tightly. Look at these dark circles, I stayed up all night last night, right?"
Yang Kai grinned and said, "It's okay. I've been here for so long, and I haven't helped me. I'm pretty good at writing a copy of the application. I'm not sure that you can't drag Brother Wang down."
Wang Liu smiled and said, "I'm interested. I'll apply for a submission to Zhixin and I will go to the city to submit later. You don't have to go. Have some food first and then have a good sleep."
Yang Kai nodded and said, "I'll listen to Brother Wang."
After dinner, Yang Kai went to bed. Wang Liu took Wang Zhixin straight to the city. Without Yang Kai, the driver, Wang Liu finally touched the steering wheel. Although he didn't have a driver's license, he was driving a big cyclist these days, and no one came to check it out. He drove all the way to the municipal building.
You can enter the office hall at will, but if you want to go upstairs, you have to make an appointment. After all, the office of the leaders is important, and prevention and control must be cautious.
Wang Liu didn't expect that the application could be written so quickly, so he didn't make an appointment in advance. However, he left Zuo Xicheng's phone number last night and contacted him temporarily. In a few minutes, someone came downstairs to pick him up.
"Mr. Wang, right? I am Mayor Zuo's secretary Qin Feng. Mayor Zuo is busy and I specially asked me to come down to pick you up." Qin Feng smiled and approachable, but he was not too close.
The leadership secretary has always been known as the second-ranked leader. If you can get to this position, you will have a sense of arrogance in every move.
"Hello, Secretary Qin, I'm here in a hurry and I don't have the time to make an appointment. I'm sorry, I'm sorry." Wang Liu confessed to his guilt and made a talk enthusiastically.
If you can become a secretary, you are basically the boss’s confidant, so it is absolutely right to have a good relationship.
Qin Feng smiled faintly: "Mr. Wang is polite. The leader is waiting. Why don't we go up first?"
"Okay, Secretary Qin, please." Wang Liu stretched out his hand and said politely.
As he went upstairs and came to the office, Qin Feng knocked on the door and received a response, and pushed the door open and entered directly.
"Leader, Mr. Wang is here."
Zuo Xicheng looked up and glanced.
Wang Liu hurriedly smiled and said, "Mayor Zuo, the application has been written, I will hand it to you for a review."
As he said that, he walked up and handed the documents to the table.
Zuo Xicheng picked it up and took a few glances, nodded slightly: "Okay, there are still some programs to leave. You go back and wait for the news first. If there is a result, I will arrange someone to notify you."
"Okay, okay, you're busy for now, I won't disturb you." Wang Liu said goodbye.
I just met and haven't reached the point where I can have more greetings and relationships, so I can do it in business now.
After leaving the door, he left Qin Feng with contact information, and Wang Liu left.
The issuance of bonds requires approval. Taking advantage of this period of time, it is just right to register the branch first.
The materials had been handed over before, and today it was time to receive the receipt. After coming out of the municipal building, Wang Liu went straight to the Industrial and Commercial Bureau. No accident happened, the materials were approved and the business license was successfully completed.
Then, after the seal engraving, tax filing, account opening, and a set of procedures were completed. After the branch registration was completed, half a month passed, and finally there was news about the issuance of the bonds. Qin Feng called and informed Wang Liu that the approval was approved.
"Mr. Wang, I'm waiting for you. Let me introduce you. This is Wu Fan, the manager of Hengchang Securities. The bonds of your company will be underwritten by them."
After all, Zuo Xicheng is a leader. He won’t take such trivial matters personally, just let the secretary take charge of them.
After making an appointment to meet at the municipal government, Wang Liu had just entered the office, Qin Feng greeted him, then pointed to someone next to him and introduced.
"Hello, Manager Wu." Wang Liu smiled and stepped forward.
Wu Fan smiled back and shook hands and said, "Hello, Mr. Wang, I'm very happy to cooperate with your company."
According to regulations, companies cannot sell bonds by themselves when issuing bonds, and they must be underwritten by qualified securities companies. Obviously, Wu Fan was arranged by Zuo Xicheng to help Wang Liu sell bonds.
Wang Liu was also happy to see that he was successful. Someone arranged it and saved him contacting him: "I am also honored to have more trouble with Manager Wu this time."
Qin Feng smiled and said, "I am only responsible for helping you take the lead. Now I have introduced you to you. How to cooperate in detail, please discuss it yourself."
Wu Fan nodded and looked at Wang Liu: "Do you know the underwriting method by Mr. Wang? Do you want me to introduce it to you first?"
"No." Wang Liu shook his head, and he had naturally done his homework in this regard.
There are three types of underwriting methods, namely agency sales, balance underwriting and full underwriting.
Agency sales refer to the underwriter's agency sales. As for whether it is sold or not, it is unknown. After the offering period is over, if the bonds are not sold out, the remaining part will be returned to the issuer.
There is not much difference between balance underwriting and full underwriting. The former means that the underwriter sells first. If the sale is not sold out after the sale period is over, the underwriter will be responsible for purchasing the remaining part.
The latter means that when a bond is issued, the underwriter uses his own funds to purchase all the bonds first and then sell them on his own.
"I understand the underwriting method. Manager Wu can just say anything."
Wu Fan said: "Then I'll just say it. I've just learned about your company. It's just starting out and there's a slight lack of assets. The quota of 30 million is not small. There are risks. The first time I cooperate, you see... how do we use agency sales?"
Not so... Wang Liu secretly complained that what he needed was to raise money, and underwriting was naturally the most cost-effective for him. He packed all the bonds to Wu Fan, and he didn't have to care about the rest.
When using agency sales, he still has to worry about not selling the bonds until they are sold out, which is too much trouble.
However, it is understandable that he was not strong enough for the first time to cooperate. If he underwriting and he would not be able to pay back the money in the end, the underwriter would have to pay the bill. It is normal for Wu Fan to be cautious.
Wang Liu nodded: "Yes, just sell it on behalf of others."
Wu Fan smiled and said, "In addition, our charging standard is two thousandth of the issuance quota. Can Mr. Wang accept it?"
"No problem." If you work, you will naturally make money. Two thousandths of the debt, and only 60,000 yuan will be sold out, which is reasonable.
Wu Fan smiled even more vigorously, and there was no objection to the underwriting method and handling fees, so this cooperation was basically no problem.
"Finally, how much is Mr. Wang planning to set the issuance term and interest rate?"
Wang Liu pondered: "The term is about 3 to 5 years. As for the interest rate... Manager Wu thinks how much is appropriate?"
Wu Fan thought for a while and said, "The current interest rate of treasury bonds is 7.11%. After all, corporate bonds are not stable. If you want to attract people to buy, the interest rate must be high. 15% in three years and 18% in five years. How does Mr. Wang feel?"
"No problem." Wang Liu responded.
High-cost financing is basically the norm in the real estate industry. Sometimes, if the funds are really short of money, even if you dare to borrow money, you will have a loan. In contrast, this interest is no problem at all.
Chapter completed!