On January 20, Xinruicheng held a board of directors and an extraordinary general meeting of shareholders to deliberate and approve the proposal to invest 22 billion yuan to acquire the equity in eight joint venture projects with Wanbang Real Estate from Yutai Investment and other trust and investment institutions.

The next day, Xinrui City and Wanbang Real Estate resumed public trading in the securities market at the same time, and at this time, Wanbang Real Estate threw out the board of directors to discuss the plan to approve the allotment of shares, and will hold an extraordinary general meeting of shareholders to vote in the near future.

Xinruicheng's investment in the purchase of project equity held by trust funds and investment companies such as Yutai is an agreement signed between Xinruicheng and Yutai and other trust and investment institutions, while Wanbang Real Estate only changes its partners and does not need the permission of Wanbang Real Estate.

This also means that no matter how strongly Xiang Qiang strongly opposes Wanbang Real Estate's allotment financing plan, even if the allotment financing plan is not approved at the extraordinary general meeting of shareholders or the approval of the securities regulatory department, it will not prevent the Zheng and Han families behind Wanbang Real Estate from obtaining a huge amount of 22 billion yuan from Xinrui City to carry out the follow-up equity competition for Wanbang Real Estate.

This kind of news is not good for Xinrui City.

In addition to the social security fund, public funds and other long-term investors, there is no speculation short-term capital to focus on the new city, after the resumption of trading in the open market, the stock price trend of the new city is still stable, the market value fluctuates around 120 billion.

Perhaps it was from Xiang Qiuning's hands to see a more specific cooperation plan between Xinrui City and Wanbang Real Estate, Xiang Qiang finally gave up the stalking of Wanbang Real Estate, and there was no new fund-raising action for Wanbang Real Estate until the end of January, and due to the allotment plan, it was a negative for Wanbang Real Estate, resulting in the share price of Wanbang Real Estate also falling all the way, falling to below 15 yuan per share on the eve of the Spring Festival.

Han Zheng and his wife increased their shareholding to 25% through trust and investment institutions such as Yutai, while Dashang Capital increased their shareholding to 5%, and finally maintained the market value of Wanbang Real Estate at about 150 billion yuan, and the two sides stopped continuing to increase their holdings.

The board of directors of Wanbang Real Estate finally suspended the previously proposed allotment plan on the grounds that the time was not ripe and other major shareholders strongly opposed it.

After New Year's Day and before the Spring Festival in January, the national property market continued to rise, such as Xinrui City's Xinrui Star City in the commercial capital and Jiahu Xinrui City and other second-tier city projects, the price of high-rise apartments in early January has increased to about 15,000 yuan per square meter, and the price of luxury high-rise apartments such as Jinchen Yueyuan in Pujiang has increased to more than 46,000 yuan per square meter, and the transaction volume is still expanding.

In January, the monthly performance summary announced by Xinrui City showed that the sales exceeded 6 billion yuan in the month, and the net profit reached 1.2 billion, and the annual profit is expected to increase by about 50% compared with 09.

In comparison, the performance of Nanhua Real Estate is much more bleak, the sales revenue in January continued to shrink, there is less than 4 billion, although the housing prices are rising all over the country, but due to the chaotic management of Nanhua Real Estate and excessive management costs, the net profit of the month is shrinking to less than 400 million.

The performance of Nanhua Real Estate is definitely not bad compared with other listed companies, but it is too bleak in the listed real estate companies in full swing, especially compared with Nanhua Real Estate during the period when Xiang Jingyi presided over the work.

Although the market value of Nanhua Real Estate has been fluctuating around 1560 billion yuan, and it has not continued to fall sharply because of a series of negative news, this is due to Zhao Yuan and Lu Wenbing using a large amount of funds to support the stock price.

Xiang Qiang finally learned a little smarter this time, and he didn't blindly waste the little money he had left.

Maybe the funds in Xiang Qiang's hands have not been completely wasted, and he still has seven or eight billion yuan in his hands, which can reduce the leverage of financial institutions at any time, or maybe he is worried that Xinchaorui will be invited by Xiang Qiuning to intervene in the affairs of Nanhua Real Estate, although the shares held by Zhao Yuan and Lu Wenbing in Nanhua Real Estate have actually exceeded Xiang Qiang's holdings, but they still did not urgently show their fangs in the end.

On February 10, before the Spring Festival, Wanbang Real Estate held a shareholders' meeting in Pujiang in advance to carry out a new round of board of directors; Xiang Qiang did not come to Pujiang to attend the shareholders' meeting of Wanbang Real Estate, but in the list of 11 directors (two directors and one independent director) recommended by Nanhua Group, only three were recommended by Nanhua Group.

Because Chen Li hopes that Wanbang Real Estate and Xinrui City, two listed companies, can operate independently, Zheng Wenyuan did not consider returning to Wanbang Real Estate, at least he did not plan to take over the heavy work of Wanbang Real Estate before Zhou Li's production in May, Han Zirui, Han Ziwei, Yu Xingwei and others submitted their resignation reports, effective immediately, and Zheng Suxin served as chairman of the new board of directors, and Zhang Chen, who was trained and promoted by Lu Chuanxue in Wanbang, served as president.

After the election of the new board of directors, the dust has settled on the equity battle of Wanbang Real Estate, which lasted for half a year, and in the list of eleven people, especially among the seven most critical directors, Zheng and Han and Dashang Capital jointly accounted for four seats.

There are two institutional investors who have locked in their holdings of up to 8% for a long time, and they will also be able to compete for a seat on the board of directors at the critical moment, which is in addition to the strong intervention of Xinruicheng in the equity battle of Wanbang Real Estate, and another factor is that Luo Rongmin was officially promoted to deputy secretary of the Central Plains Provincial Party Committee and acting governor in early February......

Considering that the real estate market in major cities in China continues to be hot in the past 10 years, and the voice of the society demanding the control of housing prices is getting stronger and stronger, and it is worried that the central government will introduce strict price control measures at any time.

When Chen Li first entered Pujiang in 06, the average housing price in the main urban area of Pujiang was only about 13,000 per square meter, and it stagnated for a year in 08, and the housing prices even fell sharply, but in 09 years it rebounded strongly, and after New Year's Day in 100, the average housing price in the main urban area of Pujiang has quietly crossed the threshold of about 25,000 per square meter.

The first phase of Bihai Xinrui City launched mainly finely decorated apartments, townhouses and single-family villas, and the sales price of finely decorated apartments is 18,000 yuan, while the sales price of high-end townhouses is about 25,000 yuan per square meter - two years ago, Binhai Jingyuan and other real estate projects were promoted at 6,000 yuan per square meter, which has long been extinct in Songshan County.

Although the Ocean World Park and the Waihai Embankment are still under construction, and the trial operation will not be until the middle of the year at the earliest, Songshan County has invested 2 billion yuan and covers an area of more than 4,000 acres of Longhe Chuankou Wetland Ecological Forest Park, and the golf course in the north of Yuantuo Mountain and a series of tourism, pension and vacations such as coastal style streets, Shihu Temple, Yuantuoshan Shiwu Resort Hotel, five-star Haiyue Bay Resort and International Conference Center, etc. The conference facilities have been completed and put into trial operation, after the early market operation, a large number of tourists have flocked to around New Year's Day.

In the week before the Spring Festival, Bihai Xinrui City received a total of 6,000 customers who made appointments to see the market, and sold 3,000 sets of finely decorated high-rise apartments and villas of small and medium-sized apartments in one fell swoop, with a total sales volume of nearly 5 billion.

In addition to the stagnation of nearly a year and a half before and after, and the consumption of construction land reserves is too fast, Nanhua Real Estate has to compete with other real estate companies that are a few beats slower to compete for more and more controlled construction land at high prices.

Diwang news has appeared on the media platform one after another to stimulate people's attention, strengthen the expectation of housing price increase, and more to benefit the real estate projects that have completed the opening sales preparations.

On the twenty-sixth day of the lunar month, Chen Li specially rushed to Hong Kong, picked up Zheng Bingyang and Shen Tong to go back to Qingquan for business and returned to Qingquan for the Spring Festival, and after making an appointment for Zheng Bingyang to spend the Spring Festival in Qingquan, he invited Chen Tong, Shen Jianping, Chen Biao, Chen Man's brothers, and the Shen family brothers and sisters, and the old man Shen Jingtang to travel to Beijing in the first month, and meet with the Zheng family by the way......

On the 29th of the lunar month, the last trading day of the securities market before the Spring Festival, the stock price of Nanhua Real Estate fell rapidly without warning, and then was blocked by a huge number of sell orders at the price limit.

During the Spring Festival, although Zheng Bingyang lived in Chen Li's house, Shen Jianping was still very ignorant and arranged a guest room for his future daughter-in-law.

At this time, he heard the chatter of Zheng Bingyang downstairs and Shen Tong, who came over early in the morning to play, and crawled to the study to turn on the computer tiredly, and saw that the stock price of Nanhua Real Estate plummeted at the opening.

Chen Li called Xiang Qiuning and learned that Xiang Qiang's personality was not as strong as before at this time, and he had sold some of the stocks that had secretly increased his holdings a few days ago.

Of course, it is also possible that Zhao Yuan and Lu Wenbing deliberately sold a large number of chips, causing the stock price to plummet, and once it falls below the liquidation line, it can force the shares that are strongly pledged to financial institutions to change hands directly.

Although Zhao Yuan and Lu Wenbing openly and secretly held more than 35 percent of the shares of Nanhua Real Estate, Zhao Yuan's initial shares were only 17 percent, and the other 18 percent of the shares were successively increased in the past year.

No matter which one is possible, even if it is the latter, Zhao Yuan and Lu Wenbing deliberately suppressed the stock price of Nanhua Real Estate, Chen Li felt that they would be very uncomfortable.

To be honest, if Chen Li is outside the listed company system, he will feel very difficult to use such a huge amount of money to increase his holdings of a company, and although Zhao Yuan and the Lu family have been fighting in the business world for many years, there is no listed company as a pry bar, and it will still be very difficult to use such a huge amount of funds, and I don't know how much hard work they have put in behind the scenes, how many unclean hands and feet they have made, and I don't know how many promises they have made to others behind their backs to do this.

Of course, all this has nothing to do with Chen Li, except that Xiang Qiuning is very melancholy about Nanhua Real Estate being made into a miasma, even if Xiang Qiang can't get out of the whole body in the end, Chen Li also has the mentality of watching a good show, watching the stock price of Nanhua Real Estate continue to jump up and down, but Cao Lin made a phone call in the afternoon, which scared him......