Chapter 407: Agreement

Lan Ting Hui is a low-key, luxurious restaurant located in a baroque building on the south bank of the Pujiang River.

In the softly lit private room, you can overlook the river opposite the building, sparkling waves, Dong Chengpeng said about the news that was confirmed this afternoon, and said quite worriedly:

"Cao Mo has reached an agreement with Taihua to acquire 2% of the shares of Xinhai United Bank, even if he does not really have the determination and strength to compete for the controlling stake of Taihua, we still have to guard against him from continuing to jump out to disrupt the situation!"

In order to win the controlling stake in Taihua Group, Huamao has already negotiated several rounds with the securities companies that actually hold the rights of these stock pledges.

Dong Chengpeng, as the newly appointed vice president of Huamao's asset management division, participated in the negotiation and had a very good understanding of the situation.

Several securities companies accepted mortgages and lent to New Taihua Investment, and after Taihua's stock price fell below the liquidation line, New Taihua Investment neither returned the outstanding loans, nor was it able to add pledged assets or funds, and after constituting a substantial default, the disposal rights of the shares as collateral assets for the loan fell into the hands of several securities companies.

As far as these securities companies are concerned, none of them are thinking of competing for the controlling stake of Taihua Group, nor do they have any plans and plans to jointly control Taihua Group, they are more thinking of recovering loans with principal and interest to avoid huge losses.

Huamao wants to get the controlling stake of Taihua Group at a lower price, for example, on the basis of the existing loan principal and interest, a seven-fold or eight-fold discount?

Even Huamao didn't want to take out the cash directly, so he thought that after transferring the equity to the past, the accounts would be in arrears for the time being; this was actually turning Xintaihua's debts to these securities companies into Huamao's debts to these securities companies, but the controlling stake was transferred from Xintaihua's investment to Huamao's hands, and Huamao also used these shares as collateral.

Where could these securities companies easily agree to such strict acquisition conditions, and the negotiations were so deadlocked.

They were not unprepared for Cao Mo's possible jump out to stir up the situation, and it was only after Cao Mo officially injected capital into Dongsheng Real Estate that they announced the biggest killer feature, that is, the evidence that Xintaihua bribed Shi Mingde, the manager of Xinyihua, to beat Taihua's stock price twice again in a row, wanting to completely break the psychological defense of these securities companies.

Unexpectedly, Cao Mo still jumped out and first invested in the acquisition of 2% of the equity of Xinhai United Bank from Xintaihua.

Whether Cao Mo will continue to intervene in the future and stir up trouble will have a great impact on their subsequent negotiations with these securities companies.

If Cao Mo doesn't jump out to stir up the situation, Huamao is certainly confident that these securities companies will finally bow their heads.

There are some companies that go bankrupt and reorganize, but as long as the main business is concentrated in China and there are no major problems in operation, creditors can still maintain the normal operation of the company by forming a creditor committee.

However, the issues involved in the Taihua Group are too complex, and the part of overseas investment that accounts for a large proportion at the same time cannot be controlled by a few securities companies together.

These securities companies, if they don't want Taihua Group to completely become a mess that can't be cleaned up, and they don't want to lose their debt investment in Taihua to the point that they don't even have underwear left, the only choice is to turn Taihua

The Group is in the hands of those who are truly capable of solving its complex problems.

Cao Mo did not jump out to stir up the situation, Huamao is the only one who has the ability to solve the remaining problems of Taihua Group and take over the disposal of Taihua's overseas assets, and these securities companies have no choice but to hand over the controlling stake of Taihua Group to Huamao.

What if Cao Mo continues to jump out and stir up the situation?

No one can deny that Cao Mo is also capable of taking over and solving the overseas assets of Taihua Group.

This means that these securities companies have one more choice in addition to Huamao.

"Tianyue injected capital into Dongsheng Real Estate, invested in the acquisition of the equity of Xinhai United Bank, and invested in the acquisition of Huachen Industry's pickup funds, and the cash in their hands has already been consumed - if they want to compete for the controlling stake of the Taihua Group, they must offer a higher price, where to raise funds? Not to mention that they are competing for the controlling stake of the Taihua Group, and they are far from winning control of a series of large-scale projects such as Conero Binhai New Town, not to mention the huge amount of money needed to continue construction?" Guo Jian concluded that Cao Mo was purely a-stirring stick, and as long as he ignored it, Tianyue and those securities companies would not be able to negotiate a flower at all.

"What are you worried about? Even if Cao Mo has the intention of disrupting the situation, it is impossible for the Lu family to have the opportunity to sit on the fisherman's profits-it is really not good, we will suffer a loss, raise the purchase price and conditions, and not be able to control Taihua's income? Could it be that Cao Mo will really bid with us without restrictions?" Han Shaorong stretched his waist, and he didn't care if Cao Mo would jump out to stir up the situation again, so he asked a middle-aged man next to him with a relaxed smile, "Lao Li, do you think what I said is right?"

Li Shu has cooperated with the Lu brothers for many years, and it can be said that he is a good friend, and he is even one of the founders of Taihua.

Li Shu currently holds a total of 8% of the shares of Taihua Group in the name of himself and the company, and his daughter Li Yao and Lu Yan have reached the level of talking about marriage.

People go to higher places, and water flows to lower places.

During this time, with the continuous plunge in the stock price of Taihua Group, Li Shu also suffered heavy losses, and his net worth of more than one billion yuan at most has now shrunk to less than 250 million.

In addition, he also invested in some projects in Kanem, although the scale is far from comparable with the Lu family, but it is also the hard work of half his life.

The Lu family brothers are now at the end of their rope, and it is impossible for him to be tied up with the Lu family brothers and accompany them to the funeral, and pin his hope of saving Taihua on Han Shaorong.

Of course, Li Shu has no contact with Cao Mo, but in addition to being the third largest shareholder of Taihua Group, his daughter Li Yao has also lived in Kanem for a period of time and is responsible for some of his investments in Kanem, so he is also very clear about the grievances between Cao Mo and the Lu brothers, and he can't help but nod and say:

"Yes, Cao Mo and Mr. Han don't deal with each other, but it is impossible for the Lu brothers to benefit - even if he really wants to compete for a controlling stake in Taihua Group, the offer will only be stuck at the principal and interest that can just repay the loan debt. After all, after the securities company deducts the principal and interest of the loan, the premium part still belongs to the Lu brothers...... Of course, Cao Mo must have more thoughts on disrupting the situation. โ€

"Mr. Li can see it clearly, but the six securities companies may not be able to see it so clearly.

It is still possible to be confused by Cao Mo and create unnecessary obstacles for us! And every day of delay is also a huge loss to the Taihua Group," Dong Chengpeng said, "However, flies do not bite eggs, and the Lu brothers have mortgaged 50% of the shares of Taihua Group in the hands of six securities companies, and these six securities companies can now agree to advance and retreat together, but in fact, the six securities companies that usually fight openly and secretly cannot really wear the same pants." For Huamao, we only need to get more than 30% of the equity from them, become the largest shareholder, in the new round of board of directors election, we can grasp the majority of the board of directors, and we can also get the control of Taihua Group - in fact, Mr. Li, you first sign a share transfer agreement with us, with Mr. Li's 8% equity, we only need to get 22% of the equity of Taihua Group from these six securities companies, which is almost enough, which is less difficult for us. Even now, we can say with certainty that as long as Mr. Li signs an equity agreement with us, Cao Mo should know that there is no point in continuing to entangle us in this matterโ€”โ€”"

"Lao Li, we need to sign this agreement now, I hope to make Cao Mo retreat in the face of difficulties, so as to save this matter from adding twists and turns. And after we successfully get the other 50% of the equity from those securities companies, we not only hope that Lao Li will continue to retain the 8% equity, but also need you to stand up and take on the heavy responsibility. Except for Lao Li, I can't imagine anyone else who can pick up the burden of reviving Taihua!" Han Shaorong said to Li Shu in a serious tone, "Of course, Lao Li, if you think that Cao Mo's price may be higher, maybe you would rather let the Lu brothers benefit, and you should also compete for the controlling stake of Taihua at a premium, then if I didn't say this!

The first acquisition of 8% of the equity in Li Shu's hands is Dong Chengpeng's suggestion.

Even if Cao Mo didn't jump out today, they could use this to put pressure on the six securities companies, but in the end, he advocated that Li Shu's shares be acquired.

After all, after the Lu brothers, Huamao needs a figure who can control the operation of Taihua Group to stand up and take the lead.

Dong Chengpeng didn't forget to add fuel and vinegar at this time:

"Cao Mo really wants to compete for the controlling stake in Taihua, instead of simply muddying the waters, why hasn't he contacted Mr. Li yet? Is he completely ignorant of Mr. Li, or does he think that Mr. Li's 8% of Taihua's shares in his heart are irrelevant?"

Huamao proposed to buy the shares in his hand at the current closing price, and even signed the agreement first, the two parties were not busy with the delivery, Li Shu was a little unhappy, he thought that Han Shaorong's verbal promise may not be counted, so he thought that signing the agreement could increase the offer, and asked Huamao to pay a certain advance payment as a guarantee.

However, he still hopes that Han Shaorong can intervene strongly, and come up with a lot of resources and funds to make Taihua's project in Kanem continue to be built.

After weighing it for a long time, Li Shu finally nodded and said: "I believe in Mr. Han's strength, let's sign this agreement first, and hope that Cao Mo's little deflated three can retreat from the difficulty......"

"I wish us a happy cooperation, I want to see how Cao Mo, a little deflated three, jumps out to stir up the situation!" Han Shaorong raised the red wine glass in his hand and said with a smile.