Huamao's acquisition of Chen Shu's shares of Taihua Group more or less stimulated some capital to enter the market, but two days later, Chen Shu issued a personal statement, claiming that there were serious loopholes in the equity transaction agreement signed with Huamao, and he had sent a lawyer's letter to Huamao to terminate the agreement, which was even more shocking.

On the fourth day after Chen Shu's lawyer's letter, the M&A fund signed debt and equity acquisition agreements with six securities companies, including Chen Shu and Guoye.

Although after the stock price of Taihua Group fell below the liquidation line, six securities companies including Guoye obtained the right to dispose of the pledged shares, after all, Guoye and other securities companies did not directly hold these shares, and Xintaihua Investment was unwilling to cooperate with the equity delivery, and had to go through a series of judicial procedures; and if you want to control a listed company, you will not simply win a controlling stake in everything.

Huamao was also silent about the lawyer's letter issued by Chen Shu and did not take the initiative to agree to terminate the agreement, although this also left a judicial legacy, but the equity involved was low, and it did not hinder the overall situation.

Chen Shu will continue to retain 4% of the equity, and the M&A fund will invest a total of 1296 million yuan to acquire 54% of the shares, of which Tianyue Investment, Xinhong Investment and Dongsheng Holdings will actually contribute 500 million yuan, and the other funds will be provided by Xinhai United Bank, Xinhai Gold, Dongjiang, Guoye and other seven securities companies for a period of two years.

The M&A fund has also formally formed an M&A takeover team headed by Shen Ji, responsible for the work from equity delivery to the transformation of the new board of directors and management;

In order to avoid drastic fluctuations in stock prices, the buyout fund directly applied to the stock exchange for a three-month suspension of listing and trading by directly bypassing the controlling shareholder Xintaihua Investment, which was only a nominal controlling shareholder at this time, so that the transitional takeover could proceed smoothly.

Cao Mo didn't say that he could push out all the work at this time.

Chen Shu agreed to cooperate with Shen Ji to serve as the president and executive director of Taihua Group, and under his recommendation, Cao Mo also seized the time to meet and talk with the management members of Taihua Group who are currently staying in China to understand their true thoughts and intentions to stay.

At the same time, he also has to screen the existing management team members of Taihua.

"Once a son of heaven and a courtier", in the existing management of Taihua, he will not accept all the good and bad, so as not to leave a fatal hidden danger to the follow-up development of Taihua Group.

Taihua Group's domestic business is mainly engaged in the production of chemical pipelines and pump equipment.

This was originally one of the industries that has developed rapidly in China in the past few years, but the Lu brothers are obsessed with making quick money and the so-called big picture.

Too much energy and resources have been invested in many projects along the shore of Conero Lake, resulting in the stagnation of its main business development in China in recent years, and it has been reduced to a third-rate manufacturer in the industry, both in terms of scale and technical equipment level, which has been left behind by the leading enterprises in the industry.

Taihua's chemical pipeline and pump equipment production base, located in Songshan Heavy Industry Industrial Park, covers an area of more than 600 acres, although during this period Taihua is experiencing eight magnitude earthquake-like drastic changes, so that the management and operation of the factory are panicked, morale is low, but production operations and marketing activities can barely maintain normal.

This is mainly to benefit from the domestic industry boom, the market is in short supply, even if the management is very slack, there is no difficulty in maintaining this part of Taihua's business.

During Chen Shu's early years of participation in the operation and management of Taihua, he was mainly in charge of the operation of the Songshan factory, and the management and operation personnel of the Songshan factory can be said to be his descendants.

After taking over Taihua, Chen Shu became the executive director and president, and he could first rectify and maintain the business of the Songshan factory, and then try to develop later.

In Thailand's domestic business, the most chaotic is port logistics and import and export trade, during which diplomatic difficulties have been completely paralyzed.

Cao Mo discussed with Chen Shu and Shen Ji for a few days, and also met with the person in charge of Taihua's related business and had a detailed chat, and finally decided to sell or shut down the relevant business and dismiss the employees.

At this time, Cao Mo also formally proposed an overseas asset replacement plan.

It's just that the plan he told Chen Shu at the Jinhong Club has been slightly adjusted.

The final plan is to put 50% of the equity of Conero Energy into the listed company at a price of 200 million US dollars, and replace the listed company's shareholding in overseas projects.

Although Cao Mo hopes to put more overseas assets into listed companies, Taihua Group has been in the whirlpool of shocks for a long time, and the key involves overseas projects that are difficult to supervise in place, and it is difficult to obtain approval of plans such as mergers and acquisitions and private placements, so it is relatively easy to replace assets.

Among the 50% equity of Conero Energy in the listed company, the Felician family, the Sika family, the Rupert family and the Blake family have a total of 32% of the equity, and continue to hold 20% of the equity of Conero Energy (in addition, Volkov Investment holds 30% of the equity of Conero Energy), and Tianyue Equity has 18% of the equity of Conero Energy in the listed company.

This arrangement is the least disturbing to the listed company, even if the domestic business can not be rectified for a while, it can get about 20 million US dollars of overseas profits from Conero Energy every year, so as not to fall into the quagmire of continuous losses, and at the same time, there is no need to send personnel to intervene in the operation of Conero Energy, Chen Shu only needs to focus on rectifying the domestic chemical management and pump equipment industry, which is also conducive to the recuperation and recuperation of listed companies.

The replacement of the shareholding in overseas projects no longer has anything to do with the listed company, but is all put into the Conero Lake Industrial Park Construction and Development Co., Ltd.

What Cao Mo wants to do is to adjust the shareholding ratio of each company in the Conero Lake Industrial Park, and indirectly ensure the rights and interests in the Conero Coastal New Town, the new Taihua Oil Refinery, the New Taihua Casino Hotel, and the Conero Lake Port through the shareholding of the Conero Lake Industrial Park.

This arrangement is also to prepare for the subsequent unified construction and development of the north and south banks of Conero Lake.

In a year and a half, Conero Cement acquired Xintaihua Grinding Station, and agreed that the transaction payment of 40 million US dollars was delayed for two years, and it has not yet been delivered - the Lu brothers put the accounts payable into the listed company, and after the formal delivery of the equity, Cao Mo will put the funds from Conero Cement into the listed company to maintain the subsequent operation and development of the listed company.

On November 20, all the plans were drawn up, and Taihua Group also held a new general meeting of shareholders to elect a new board of directors to approve the plan, and decided to change the name of the listed company to Tianyue Industrial Group Co., Ltd., but whether the asset replacement and name change plan can be finally implemented still needs to be approved by the China Securities Regulatory Commission.

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The new board of directors, Shen Ji is also the chairman, and Chen Shu is the president.

On the day of the shareholders' meeting, Yang Deshan also rushed back to China this time, and he will concurrently serve as the president of the newly established overseas investment department of the listed company, responsible for the actual asset replacement work.

Subsequently, he also served as the chairman of Conero Energy on behalf of the listed company, cooperated with Brahm in the management of Conero Energy, and was responsible for the follow-up construction coordination of Conero Lake Industrial Park, Conero Binhai New Town, Xintaihua Oil Refinery and Conero Lake Port.

In any case, Yang Deshan, who is bald on the top of his head, is already one of the most important figures in the Tianyue system.

Cao Mo has no intention of taking on too many positions, and the position of chairman of the listed company should be Yang Deshan, but in a short period of time, Yang Deshan's main energy still needs to be focused on Kanem, and there is no time to deal with domestic affairs.

In order to motivate the morale of the new board of directors and members of the management committee of the listed company and strengthen the relationship, a banquet was held at the Jinhong Club at night.

Cao Mo did not attend the shareholders' meeting in person, but as the actual controller of the listed company, he rushed to Jinhonghui early in the afternoon to play cards with Ding Zhaoqiang, Qian Wenhan and Ge Jun, who were the main investors.

At half past five o'clock, when Shen Ji, Yang Deshan, and Chen Shu rushed to Jinhonghui with the newly appointed board of directors and management members of the listed company, the LCD screen placed in the corner of the aisle hall was playing the content of the executive work meeting of the central government held that day:

“...... The meeting studied and arranged measures to further expand domestic demand and promote steady and relatively rapid economic growth, holding that in the past three months, the world economic and financial crisis has become increasingly severe, and in order to resist the adverse impact of the international economic environment on China, it is necessary to adopt flexible and prudent macroeconomic policies to cope with the complex and changeable situation. At present, it is necessary to implement a proactive fiscal policy and a moderately loose monetary policy, introduce more effective measures to expand domestic demand, speed up the construction of people's livelihood projects, infrastructure, and the ecological environment, and post-disaster reconstruction, raise the income level of urban and rural residents, especially low-income groups, and promote steady and relatively relatively economic growth. The meeting determined 10 measures to further expand domestic demand and promote economic growth: First, speed up the construction of affordable housing projects......"

Listening to the dignified and beautiful host broadcasting the content of the meeting on the screen, Cao Mo, Qian Wenhan, Ding Zhaoqiang, Ge Jun and others, who were about to go out to welcome the new board of directors and management members of the listed company, couldn't help but stop their pace.

They all know that this news means that under the grim situation, the country's large-scale economic stimulus policy has officially been released.

Ding Zhaoqiang's heart is even more mixed, "active fiscal policy and moderately loose monetary policy", this is his long-awaited monetary relaxation, the central government order, the funds in the hands of major banks and other types of banks and financial institutions, about to open the floodgates of the tide surge out.

The real estate industry, which is most eager for capital demand and has high turnover characteristics, will be the first to benefit!