“...... Brother, you're too extravagant here, aren't you?"

Tianyue headquarters on the basis of the original warehouse to be renovated, a total of three floors of office area, but also installed six elevators, Cao Jiaying pestered in the afternoon, standing in front of the floor-to-ceiling window of the book tea bar on the third floor, looking at the past to Zhiyun Lake, very envious.

After nearly a year of renovation and decoration before and after Tianyue headquarters, it has been thoroughly put into use at this time, and the headquarters has not many employees, so it is also as spacious and open as possible - the area of the tea book bar on the third floor is not particularly large, more than 400 square meters are placed in the northwest corner of the whole building, the west side is facing the lake, and the north side is the lakeside wetland park that Qingshan District has just invested in.

The area of the wetland park is not particularly large, mainly around the construction of the mouth of the Shaxi River that flows into Zhiyun Lake, covering an area of about 700 acres of land, planting a large area of metasequoia, camphor, silver ancient and other trees, it is not long in autumn, it is the time of lush greenery.

Both sides of the tea book bar are floor-to-ceiling windows, there is no trace of obstruction on the field of vision, and Zhiyun Lake is about 1,000 acres, but standing at the height where they are and looking out, it is quite a feeling of smoke and waves.

The office conditions here are much better than the office rented by Wood Elephant Capital in the Caida Pioneer Park, I don't know how much better, Cao Jiaying walked in, and she was so envious that she wanted to occupy it - Cao Mo ignored it and asked her to earn the money to change the office.

Wu Ruifang and Cheng Xin were also shocked.

Both of them have graduated from the graduate and undergraduate programs of the University of Finance and Economics this year, and as the winners of the "Undergraduate Securities Investment Competition", especially before graduation, they already have certain investment experience.

However, they have all decided to continue to stay in Wood Elephant Capital and work hard for their dreams.

Chen Zhiyu's withdrawal and taking away a small 3 million commission also made Wood Elephant Capital almost no income in the past year or so, but Chen Zhiyu also gave up the options in his name.

Wu Ruifang and Cheng Xin insisted on holding 5% of the shares of Wood Elephant for a year, although Wood Elephant Capital still looks so insignificant, they will regard it as the starting point of their life and career.

Of course, they are not without other ideas in their hearts.

In their opinion, Cao Jiaying is still immature in all aspects, and it was Cao Jiaying who brought in 20 million yuan of investment and created Wood Elephant Capital in the early stage, which occupied a dominant position, and they participated as partners.

However, in the field of securities investment, even if it is wealth management on behalf of customers, 20 million funds are really nothing.

In addition to Xinhai, where thousands of billionaires are worth billions, the surrounding provinces of Jiangsu and Zhejiang are the richest regions on the southeast coast of China, and there are countless small and medium-sized business owners.

In addition to continuing to invest the funds in the fields of industrial development and real estate, many of them need to enter the financial and securities markets for diversified investment.

In recent years, Xinhai's private equity and valet wealth management and other businesses have developed rapidly, and Wu Ruifang and Cheng Xin also believe that as long as they can make a little name in the circle, it is not difficult to pull one or two million financial funds for Wood Elephant Capital.

Therefore, they feel that as a partner, their actual shares in Wood Elephant and the options they can get in the next two years are still less.

In fact, they have long guessed that the original investor Cao Mo has a close relationship with Cao Jiaying, and they also speculate that Cao Jiaying's family is wealthy, and the initial funds are actually Cao Jiaying's family contributions.

However, even if they saw Cao Mo and Ge Jun talking and laughing at the event venue today, they only thought

The Cao family is the kind of wealthy family with hundreds of millions of assets.

This is also enough to become the core user that the senior management of Dongjiang Securities must try to woo, and it is enough to get a figure like Ge Jun to take a look at it and sit down to talk and laugh with him.

The scale of Dongjiang Securities is very limited, compared with the securities companies above grade A, the proprietary department is mainly engaged in venture capital, even if there is a certain threshold for screening customers, the vast majority of customer assets are also at the level of several million to one or two million, with assets of hundreds of millions, and if you can take one or two million funds, you are already a big customer.

And a figure of Qian Wenhan's level, it is purely Ge Jun's personal charm and connections that can get business for Dongjiang Securities.

Generally speaking, if tens of millions to two or three hundred million funds can be handed over to the proprietary department of Dongjiang Securities to be responsible for financial investment, it is definitely a core big customer.

If the family assets were larger, they would not be obscure in Xinhai.

However, walking into the Tianyue Headquarters Building, sitting at a long table with an indescribable sense of simplicity in front of the floor-to-ceiling windows, listening to Cao Mo's plan to take action against the Taihua Group, Cheng Xin and Wu Ruifang knew that they had completely underestimated the strength of the Cao family before.

"Lu Jiancheng and Lu Jianchao brothers, through a number of affiliated companies such as New Taihua Investment, or indirectly or directly hold 50% of the shares of the listed company Taihua Group, and hold absolute control of Taihua Group," Cao Mo asked Zhou Han to hand a thick stack of information to Jiaying, Wu Ruifang, and Cheng Xin, and concisely introduced the information of Taihua Group, "In the past few years, Lu Jiancheng, The Lu Jianchao brothers tried unscrupulously to suppress our development in Kanem, and the two sides became inseparable, but if there is an opportunity, I will not make them happy, and now it seems that there is a chance to take revenge. In recent years, the Lu brothers have not only invested 100 million US dollars in Kanem directly through the listed company Taihua Group, but also raised nearly 300 million US dollars through the platform of Xintaihua Investment, all of which have been invested in Kanem's Conero Coastal New City and other related projects. Not to mention the loans borrowed by the Lu family from other channels, they mortgaged all the shares of Taihua Group they held, and borrowed a total of 1.2 billion yuan of debts from a number of financial investment institutions such as Minsheng Bank, Huifeng Wealth, and Huamao Investment, which is the information publicly disclosed by the listed company Taihua Group. I now have two questions for you: If the A-share market is dragged down further by the spread of the subprime mortgage crisis, how much money do we need to use to build a position before that, so that we can confidently suppress the shares of Taihua Group below the liquidation line at a critical time? Second, is it possible for us to take this opportunity to compete for a controlling stake in Taihua Group, and at the same time, how much capital do you estimate to be used to the maximum extent?

"You plan to launch a hostile takeover of Taihua Group?" Wu Ruifang asked in shock.

The domestic securities market has been developing for some years, but because the listed companies were mainly state-owned enterprises in the early years, and at the same time, most of the corporate shares were still restricted from circulation before the fifth year, and there were very few fully tradable shares in the real sense, so there have not been a few cases of hostile takeovers in the domestic securities market over the years, let alone successfully implemented.

Cao Mo said that he not only wanted to crack down on competitors through the operation of the open market, but even intended to compete for the controlling stake of Taihua Group, Wu Ruifang and Cheng Xin were greatly surprised, but at the same time, they were faintly excited.

However, theoretically speaking, even if the stock price of Taihua can be suppressed to the liquidation line, the financial investment institutions that lend to the Lu family have the right to sell the shares mortgaged by the Lu family in their hands through the open market to offset the loans owed to them by the Lu family, but Wu Ruifang and Cheng Xin know very well in their hearts that this is only a theoretical possibility, but in practice it is unlikely to happen.

On the one hand, the major financial investment institutions should avoid concentrated sell-offs, which may directly break through the stock price, which will make them have no way to withdraw enough funds to offset the debts previously lent to the Lu family.

Therefore, even if the stock price is suppressed near the liquidation line through the open market, these institutions will even give the Lu family a certain amount of time to raise supplementary margin in order to avoid major losses.

Even if the Lu family is unable to raise funds in a short period of time, in order to stabilize the market and symbolically protect the interests of small and medium-sized shareholders, the securities regulatory department is very likely to prohibit these financial investment institutions from directly selling Taihua's shares in the open market, and require them to find another channel to properly resolve the creditor's rights problem.

Therefore, there is no possibility of sudden death in the domestic Taihua Group.

Wu Ruifang, who is the most mature of the three, said after a little muttering: "It is not difficult for us to build a position through the open market, absorb chips, and then carry out intensive operations at news-sensitive points to disrupt its stock price trend and trigger a larger-scale sell-off." However, even if the actual controller is unable to protect the market, we can successfully suppress Taihua's stock price below the liquidation line, and the possibility of a hostile takeover through the open market is still very small. Whether it is the securities regulatory department or the financial investment institution that holds the mortgage claim, they will be more inclined to resolve the debt mortgage issue through negotiation if they want to avoid uncontrollable heavy losses. If Mr. Cao is sure that he can directly acquire the pledged Taihua shares from these financial investment institutions, things will be very easy, and Mr. Cao will only need to spend the same amount of money as the debt, and I believe that he will have a satisfactory result. ”

Cao Mo shook his head and said: "In the past few years, our business has been mainly overseas, and we don't have too deep relationships in China, so I'm afraid it will be difficult to have direct contact with these financial investment institutions......

Where does he have such deep connections in China?

In order to prevent the handle from falling into the hands of the Lu brothers and Han Shaorong in China, he will even require Jiaying and them to strictly avoid laws and regulations on stock price manipulation when operating.

"If Mr. Cao can't negotiate directly with the lending financial investment institutions, it will be difficult to succeed in a hostile takeover - Mr. Cao, as you just said, your relationship with the major shareholders of Taihua is very bad, and in terms of debt disposal, they still have a certain priority initiative, even if they are unable to raise supplementary margin or other corresponding assets, they can find potential buyers on their own and take over the pledge of these stocks from these financial investors......"

Cao Mo nodded and said: "Also, the chips are cheap enough, I don't know how many people are waiting to open their mouths, this piece of fat is not his turn to open his mouth to eat, at this stage, you mainly think about how to use as little cost as possible, it is more important to hit the vitality of the Lu family, don't be too greedy for the time being......"

"As the controlling shareholders of listed companies, they can directly see more detailed shareholders, transactions and shareholding records from the exchange, especially Xintaihua has pledged all the shares they hold, and will not ignore the abnormal fluctuations in stock prices, so it is almost impossible to complete the task of using the tractor account to absorb enough funds in a short period of time, the cost is not too high, and the controlling shareholder is not alarmed," Wu Ruifang said. And if Mr. Cao intends to damage the interests of Taihua's major shareholders, if he does not care about the extent of the damage to the interests of the other party, and does not intend to kill the other party this time, it is much simpler......"

The hatred in Zhou Han's heart has not disappeared, and Cao Mo is worried that if she hands over this matter to her personally, she may not be able to keep calm at the critical moment. Therefore, Cao Mo thought very early that if he really wanted to do this, he would also hand it over to the team outside Tianyue to do it, he wanted to cooperate with Ge Jun at the beginning, but he didn't want Ge Jun to inadvertently tell this matter in front of Jiaying today......