Chapter 445 Fundraising

Shanghai Xingwang Sweater Factory.

As a large factory with assets exceeding tens of millions, Xingwang Sweater Factory has gained a good reputation in the industry in the past two years.

Among them, the most famous should be Cai Zhiping, the general manager of Xingwang Sweater Factory.

In 1988, Cai Zhiping served as the general manager of Southwest Hongqi Shopping Mall. He managed the huge Hongqi Shopping Mall in an orderly manner. With a high salary of 1000 yuan per month, Cai Zhiping's life is really enviable.

And Cai Zhiping also hesitated, whether to spend his life in such a stable and stable way, or take advantage of the great wave of reform and opening up to fight for the sea.

In the end, he chose the latter.

Cai Zhiping brought his wife and all the savings of the family to the Shanghai stock market, and contracted a sweater factory specializing in the production of rabbit sweaters.

Rabbit sweaters, this is a project that Cai Zhiping is very optimistic about.

However, it never occurred to him that it was only a year before and after, and because it was his first time making rabbit sweaters, Cai Zhiping had great ambitions and vision, but he was really inexperienced.

Ever since, in just one year, he not only lost all his capital, but also incurred a debt of 70 yuan.

At the most desperate time, Cai Zhiping even emptied his family property in order to pay the workers wages. He and his wife ended up with less than ten yuan in total. In the end, they lost all their money. .

However, Cai Zhiping is not a person who gives up lightly. The failure of the sweater factory made Cai Zhiping more clearly aware of his own shortcomings, and it also made him understand that his future is only through entrepreneurship.

So, after borrowing from relatives and friends again, Cai Zhiping returned to the Shanghai stock market with less than 40 yuan.

This time, drawing on previous experience, the first batch of products produced by his sweater factory were well received in the market.

In just one year, Cai Zhiping paid off all foreign debts and made a profit of 200 million.

But right now, as the sweater factory grows bigger and bigger, Cai Zhiping's mind is no longer satisfied with this.

The Huaxia Textile City in Zhejiang Province next door is booming, and Cai Zhiping is obviously also thinking about it.

Especially when the State-owned Assets Supervision and Administration Commission of the Shanghai Stock Exchange announced the bidding for the textile market project, Cai Zhiping knew that his opportunity had come.

He inquired through various channels, and finally got a credible number.

60.00% of the shares, 500 million!

This is the external psychological price of the State-owned Assets Supervision and Administration Commission.

The Textile Market will be located on Cao'an Road. Although it is still a bit remote at the moment, this does not prevent Cai Zhiping from being optimistic about the Textile Market project.

It's just that the only difficulty lies in funds.

The State-owned Assets Supervision and Administration Commission provides the land, accounting for 40.00% of the shares, and the remaining 60.00% of the shares will be tendered. It is only the high price of 500 million, but it has dissuaded many interested people.

Cai Zhiping estimated his own funds, he can invest up to 500 million, and the remaining 2000 million can only find another way.

Therefore, Cai Zhiping held a general meeting of shareholders in the factory early in the morning, and called ten shareholders from the factory to discuss this matter.

In a huge conference room.

At this moment, only Cai Zhiping's voice was heard.

"Everyone, this project opportunity in the textile market is rare, and I really don't want to give up."

Facing the crowd, Cai Zhiping expressed his attitude straight to the point.

"Mr. Cai, I heard that the higher-ups are charging a lot of money for the textile market. I think you'd better think about this matter a little bit more."

"That's right, our sweater factory is doing a good job. Isn't it just a crime to go to this kind of light textile market?"

"I heard that the Textile Market is located on Cao'an Road. The place is so deserted that there is no bus stop. Where does the textile market come from in such a place?"

In the meeting room, as soon as Cai Zhiping finished speaking, there were many business objections.

Apparently, everyone also knew about the bidding in the textile market.

However, different from Cai Zhiping's attitude, everyone was a little bit scornful of the light textile market.

The reason why Huaxia Textile City in Zhejiang Province is so successful is because it is a bus industry after all, and the top leaders in Zhejiang Province have spared no effort to support it.

This time, the light textile market that the Shanghai Stock Exchange intends to develop is planning to throw the bulk of it to private individuals. The State-owned Assets Supervision and Administration Commission only intends to invest in land, and obviously has no intention of vigorously supporting it.

At this time, Cai Zhiping's expression turned ugly when he heard what everyone said.

"There is no light textile market in Shanghai. If we win this project, we will definitely be able to make money in the future. Besides, even if there is no support from the top, we can spend some money to complete the supporting infrastructure such as transportation."

Cai Zhiping glanced at the few people in front of him, and then said: "Believe me, all the investment in the early stage is worthwhile. As long as we win the textile market, the rent of the booth will be enough for us to pay back in the future."

It can be seen that Cai Zhiping is very optimistic about the textile market project.

However, the shareholders present did not know how much they believed what he said.

"Mr. Cai, it's not that we don't believe you, it's just that this project requires a lot of funds, and we are all short of cash."

"Mr. Cai, just say it clearly, how much do we need to raise?"

At the conference table, everyone saw Cai Zhiping's firm attitude, but it was really hard to refuse, so they had to ask tentatively.

After all, the sweater factory is almost all because of Cai Zhiping alone. They followed Cai Zhiping to start the business. Now that Cai Zhiping has something to ask, he has to give him a little bit of favor.

Sensing the eyes of everyone, Cai Zhiping stretched out his hand and raised two fingers.

"200?"

someone muttered.

Cai Zhiping shook his head and said in a deep voice, "2000 million!"

"I found out that the minimum bidding requirement of the State-owned Assets Supervision and Administration Commission is 500 million, and I can only come up with 500 million. The remaining 2000 million I hope you can invest in a joint venture with me."

During the venue, when Cai Zhiping said this, everyone present gasped.

2000 million!

Wouldn't it be exactly 200 million for each of their ten shareholders?

This amount is naturally quite a lot. Even though they have shared a lot of money with Cai Zhiping over the years, it is not so easy to come up with 200 million cash all at once.

But if they offended Cai Zhiping for the sake of the 200 million, everyone would be somewhat unwilling.

"Mr. Cai, we won't be able to come up with so much money right now, or according to what I said, let's postpone it for a few more days. Even if it's fundraising, we have to wait until we raise funds first."

In the conference room, when everyone was in trouble, someone suddenly suggested.

As soon as these words came out, everyone around immediately echoed them.

"That's right, Mr. Cai... These big projects worth tens of millions are no small matter. I think we'd better do a risk assessment and hold two meetings to discuss them."

Several shareholders opened their mouths one after another, and everyone obviously wanted to use dragging tactics against Cai Zhiping.

At this time, seeing everyone's attitude, Cai Zhiping knew that today's matter would not be done, so he had no choice but to nod in agreement.

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