Chapter 119: Debt-to-equity swaps

The TV was still showing the TV series that Liu Yuyan liked, but today, Liu Yuyan had no interest in watching it. Han Songlin gently embraced her, wondering what was going on in her mind: 'What's wrong? Are you still thinking about Zhao Li?'

'Do you think I'm thinking about that?'

'What else?'

She looked up slightly and stared at Han Songlin for a while, and Liu Yuyan didn't know what to say.

Han Songlin laughed softly and leaned against Liu Yuyan's pure white forehead: 'You're thinking about Zhang Menglan?'

'Haha, there's no way between her and me; I admit that in terms of beauty, she can barely compare with you.' Speaking of this, Han Songlin himself had to admit that Zhang Menglan was indeed very attractive to a certain extent.

'But I don't think she and I would be compatible.' Han Songlin clearly sensed that Zhang Menglan was hiding something about her situation when she spoke.

Why hide it?

There was only one conclusion: there was something to hide.

Han Songlin didn't want to judge someone based on something he didn't know, but sometimes, a necessary sense of caution was still necessary.

'Really?'

Han Songlin replied with certainty, 'Of course!'

Liu Yuyan's eyebrows crinkled with a smile. She knew that she couldn't argue with Han Songlin over this matter; arguing would be the stupidest thing to do.

That evening, Han Songlin called Zhou Youwei's home and arranged to meet him at his office the next day.

Zhou Youwei readily agreed, obviously aware of why Han Songlin wanted to meet.

Han Songlin hung up the phone with an uncertain expression; Zhou Youwei, on the other hand, sounded enthusiastic during the call and couldn't be heard to be the least bit unusual.

Shaking his head lightly, Han Songlin got up and asked, 'Is there any hot water left?'

'There's some on the stove!'

Han Songlin: "Do you want to wash your feet? I'll help you!'

Leaning his head to the side, he surveyed Han Songlin for a while, and Liu Yuyan happily nodded, "Yes!'

Early the next morning, Han Songlin took Han Ting and Han Yingzi to kindergarten and bought breakfast on the way.

After breakfast, Han Songlin left the house at about 9:30 and arrived at the county government at 10:00.

At this time, the county government still looked a bit shabby, but it had a sense of history.

The greenery in the county government building is quite good. The side of the orchestra pit likes to plant sycamore trees in the workplace and school; the elementary school where Han Songlin used to go to school had a sycamore tree that had to be surrounded by several people.

Along the way, Han Songlin arrived at Zhou Youwei's office quite smoothly.

He wasn't saying that this was the first time he had been here, so he was considered to be well-versed.

Perhaps because he was so familiar with it, no one asked Han Songlin what he did when he came in.

Zhou Youwei's office door was wide open, and there was no sign of the secretary outside, so it was not known where she had gone.

Knock, knock, knock!

Han Songlin knocked three times on the door to remind Zhou Youwei that he had arrived.

Zhou Youwei was busy reading a document when he looked up and saw Han Songlin. He quickly stood up and walked over, saying, 'Oh, Songlin, long time no see!'

'Zhou County, I hope I'm not interrupting your work!'

'I hope you'll come every day and delay things, Yang, Yang!'

'Yes, Zhou County, is there something the matter?'

'Pour me a cup of tea!'

'Oh, yes, coming right up!'

Zhou Youwei gestured for Han Songlin to sit down, and said, 'The development of Fule Wine Industry is very surprising!'

Previously, Fule Wine Industry had taken the initiative to file a tax return with the tax authorities.

'These achievements were made possible by the support of the county!' Han Songlin said this not as a compliment, but it was true.

Lechi had really given a lot of support to the development of Fule Wine.

Han Songlin naturally knew this as well.

'Zhou County, I heard that there were some objections within the county to selling Yuanle Winery to Fule?' Han Songlin took a sip of tea. The teacups in the county were quite distinctive.

It's an old cup with a lid.

Zhou Youwei waved his hand and said with certainty, 'They're just a few voices in the wilderness. You don't need to worry about them. The county fully supports Fule Wine Industry to become bigger and stronger. That's the overall situation in the county!'

Zhou Youwei really wants Fule Wine Industry to do well. As an agricultural county, it's really difficult for Lechi to achieve good results.

Now, if he wants to achieve political success, he has to excel in economic development.

How can he excel?

It has to be driven by enterprises.

'Don't worry about this, the county will never mess with the great development situation just because of the words of a small group of people.'

Zhou Youwei naturally had to reassure Han Songlin, and at the same time, he was also determined to cure some people of their red-eye disease.

What, seeing that someone else is doing well, they want to reap the rewards.

If they really did that, who would dare to develop in Yuechi in the future.

Han Songlin could feel that Zhou Youwei was not just paying lip service, but telling the truth.

'Zhou County, you've got it all wrong! Let me be honest too. I've heard some rumours in the county, and in fact, to a certain extent, there is nothing to dislike about it.'

'No, Songlin, what do you mean?' Zhou Youwei was a little shocked. Is he saying he wants to return the goods?

That's not allowed!

It was not easy to get rid of Yuanle Distillery, and we cannot just say we want it back.

Han Songlin laughed lightly, 'Zhou County, listen to me first! The county needs money to develop, right?'

Zhou Youwei smiled bitterly. The county is not just short of money,

it is desperately short of it!

'Don't laugh at me, every day I worry about how to pay the county's many employees on the public payroll next month.

If I can't even pay the salaries, there's no way I can do anything else.

You don't know how hard it is until you're in charge. Zhou Youwei is very worried.

Everyone, from top to bottom, is now relying on Fule Wine.

So everyone agrees that Fule Wine must develop well.

There can't be any accidents.

Local leading enterprises are basically worshipped as gods in the local area, and any little thing that happens can make everyone quite nervous.

'Zhou County, if the county wants to develop, it needs capital! And Fule owes the county a debt that can be paid off this year with 30 million yuan!'

Zhou Youwei was delighted to hear this!

Thirty million yuan can solve a lot of problems.

'However, Zhou County, Fule Wine wants to pay off the entire 300 million yuan debt. To be honest, it will take at least four or five years.'

'Four or five years is fine!

Han Songlin looked at Zhou Youwei in surprise. What kind of person would be happy with four or five years?

Han Songlin still didn't beat around the bush and said directly, 'Zhou County, I have an idea! It's called debt-to-equity swaps.'

'What do you mean?'

'It means that the county will convert the 300 million debt into shares of Fule Wine Industry!'

Convert it into shares of Fule Wine Industry?

If it were a commercial company, that would naturally be welcome.

But Zhou Youwei was not interested. After all, he wanted cash.

With money, he could get some of his development plans for the music pool off the ground.

Zhou Youwei shook his head vigorously. This would not do.

'County Chief Zhou, just hear me out! This debt conversion into shares of Fule Wine Industry means that the county has become a shareholder of Fule Wine Industry. If the county wants to use money, it can use these shares as collateral to directly borrow from the bank.'

'The prospects for the development of Fule Wine Industry are self-evident, and Zhou County should understand that. In the future, the shares of Fule Wine Industry will definitely become more and more valuable. At that time, the county's holdings in Fule Wine Industry will definitely rise as well.'

As for dividends?

Of course there will be dividends, but Han Songlin is not prepared to do so in the next year or two.