Before the end of 06, in Shangdu, Qingquan, Yinghe, Los Angeles and other places, a total of eight new trendy city shopping plazas, 19 new Rui Hongji large comprehensive supermarkets, and more than 500 Ruike community convenience stores were opened.

In 08, first of all, Nanhua Group transferred all the holdings of Xinchaorui Commercial, and Chen Li arranged for the middle and senior management of Xinchaorui to set up an asset trust management fund to take over this part of the shares, but lost Nanhua such a strategic partner, and the follow-up financing of Xinchaorui Commercial will inevitably compete for resources with the real estate business.

After thinking deeply and familiarizing himself, Chen Li decided to transfer the logistics supply system and other related businesses that have been built in Central Plains Province for several years, such as a large comprehensive supermarket and Ruike community convenience store that are currently operating quite well, so that Xinchaorui Business can concentrate resources and concentrate on following the pace of the listed company Xinrui City to do urban complex commercial projects.

On the one hand, there are already a number of high-quality retail service providers in China, which can provide corresponding high-quality services for urban commercial complexes, and at the same time, they can also ensure that there are as few trendy commercial direct stores as possible in the Xinchaorui City Shopping Plaza, and compete with other tenants and shops.

Because too much of Mu Zhirong's resources and energy in his hands have been taken away by Wanbang Jialong in recent years, the enterprises under the Mu family were originally mainly home appliance stores and large comprehensive supermarkets, and the scale of supermarket business in Central Plains Province at this time was not even half of the new trendy business.

After half a year of negotiations, Xinchaorui Commercial finally sold the relevant business and assets to Gaohui Retail at a price of 3.2 billion.

Of course, if Xinchaorui Business can package this business to be listed, with an annual net profit margin of more than 200 million yuan and an annual growth rate of up to 30%, the valuation can even reach 4 billion or 5 billion, but whether it is a direct stock listing or a backdoor listing, Xinchao Rui Commercial and Xinchao Rui Real Estate are still waiting for the right opportunity, and supermarket retail and other businesses can not be ranked in the highest priority position in the Xinchao Rui system.

This time, the new tide of the business to slim down, directly the net assets of the new tide of the business increased to 10 billion, and also held nearly 3 billion funds, equivalent to more than half a year, the net value of the new tide of the business doubled, and in the next two years, in Beijing, Pujiang and other first-tier cities to build four to six new tide city shopping plazas such complexes.

At this time, in addition to the construction of tourism, pension and other types of saleable residences, Bihai New City will also build a large-scale marine world park for supporting operations.

At present, the Ocean Park project is only registered and established as a subsidiary, led by Sun Zunqiang, who is in the early stage of preparation, planning and design, and the later construction and operation, before the Spring Festival, need to come up with a complete set of plans, Chen Li also intends to hand over considerable matters and the business of Xinchaorui Commercial in the eastern region to Miao Jing to be in charge.

Previously, Chen Li's current main consideration was whether Xinchaorui Commercial and Xinchaorui Real Estate should be listed separately, or through the mode of private placement of new shares, they should be directly absorbed into Xinrui City, and directly build Xinrui City into the first super real estate aircraft carrier in China.

It has the advantage of absorbing and merging, and it is easy to manage, but it will be more difficult to raise funds from outside.

After all, such a large volume, the stock price is difficult to be speculated too high by the market, in addition to the big bull market that everyone enjoys, otherwise the stock price of Xinrui City can only be at the annual profit level, maintaining a price-earnings ratio of about ten to fifteen times fluctuations, so that the popularity of institutional investors will drop sharply, and it is difficult for Xinrui City to directly integrate a large amount of development capital from the outside.

If the new trendy business is listed separately, as a relatively emerging and fast-growing business model, the price-earnings ratio is thirty or forty times, which is normal, and the valuation that can be obtained by the separate listing may be doubled, and it can also attract institutional investors to participate, so it is convenient to carry out direct financing from the outside.

The same is true for trendy real estate.

However, the amount of capital required for the development of Xinchaorui real estate is relatively small, and Xinchaorui Commercial now needs at least one billion investment to develop a new Xinchaorui City Plaza complex and directly take down the shopping mall property.

Although the business of the supermarket chain is transferred, mainly to cooperate with partners such as Gaohui Retail, if it is necessary to undertake the direct investment and construction of high-quality cinemas, it will require a greater amount of funds to deeply participate in the cinema distribution of film and television resources in the future.

Let the driver send the girl named Lu Rong back from Canmei Company, Chen Li chatted with Xiang Qiuning, Zhou Bin, Miao Jing, and Qian Da about some of his thoughts on the follow-up development of Xinchaorui Commerce, Wang Xiaojing, as the president of Xinchaorui Commerce, will lead the main operation of Xinchaorui City Plaza, but with Xinchaorui Business as the leading, the new business derived from it and related to other businesses will be mainly managed and operated by Miao Jing in the future, and even the preparation for the listing of Xinchaorui Business is currently handed over to Miao Jing to be in charge.

"I'm still a child, are you embarrassed to just transfer me to Pujiang, and you put so much burden on my shoulders?" Miao Jing complained.

Chen Li leaned back and pointed at Zhou Bin, indicating that these were originally Zhou Bin's work.

Miao Jing glanced at Zhou Bin and said, "I didn't let him personally send the little star back, I guess my stomach is full of opinions, I don't expect him to have any shame." ”

"Where do you stay at night, the hotel has been arranged?" Chen Li saw Miao Jing coming over, carrying two large suitcases of luggage with him, and he didn't know if the hotel had been arranged.

"Arrange for me to stay in a hotel, with a black-hearted boss like you - the house next door to you seems to be very big. Miao Jing looked across the quiet courtyard.

"Don't beat my idea, this is the chairman of Xinchaorui Business - by the way, Zhou Bin's house in Jinchen Yueyuan is quite good, and this is also the season when the scenery of Longchuan River is the best, I suggest you can consider occupying it. Chen Li betrayed Zhou Bin without conscience and said.

Miao Jing glanced at Zhou Bin.

Zhou Bin immediately obediently took out the room keys and car keys, threw them on the coffee table in front of the sofa, and said: "Okay, you live in Jinchen Yueyuan, Chen Li won't let me borrow a room for me to live in." ”

"There is still a shortage of drivers. Miao Jing glanced at Zhou Bin and said.

"Yes, I'll send you there today, and I'll arrange a full-time driver for you tomorrow. Zhou Bin stood up and helped Miao Jing carry the suitcase into the car.

Zhou Bin drove Miao Jing back to rest first, and Qian Da also drove away, Chen Li immediately went back to the house, changed the password of the courtyard gate and the entrance gate, and then asked Xiang Qiuning and Ye Nanjia to turn off the lights in the building together, hide in the courtyard to play cards, and decisively Within half an hour, I heard Zhou Bin shouting outside: "Why can't the password lock be opened, Chen Li, your grandson won't let me go to the hotel at this time, right- I'll stay with you for one night, you can turn on the rent as you like, don't think you turn off the lights, I don't know you all hide in the front yard!"

Chen Li and Xiang Qiuning turned their mobile phones to silent, and watched with joy as Zhou Bin didn't answer the phone call, and after a while, they should have seen that there was no hope, and they heard Zhou Bin drive away.

"By the way, I have one more thing to talk to you about. Chen Li went back to the study and took a business project book, and returned to the courtyard to talk to Xiang Qiuning.

Ye Nanjia and Zhao Chen thought that Chen Li was going to talk to Xiang Qiuning about his business career, but when they heard the technical terms, they dozed off, patted their mouths and got up and went back to the next door, leaving Chen Li and Xiang Qiuning to talk about things in the courtyard here.

As soon as Ye Nanjia and Zhao Chen left, Chen Li threw the business project book aside and wanted to sit down with Qiu Ning.

"Don't!" Xiang Qiuning wanted to maintain a pure revolutionary friendship with Chen Li, naturally she didn't want Ye Nanjia and Zhao Chen to notice about her and Chen Li, so she looked at the courtyard next door with a weak heart, and only then half-pushed and half-asked Chen Li to pull over and sit on him.

Chen Li wanted to untie Xiang Qiu Ning's clothes, where was Xiang Qiu Ning willing to do it, grabbed Chen Li's hand and said, "They can see this side in the house." But thinking of entering the house with Chen Li at this time, it will also seem suspicious, at this time, it reflects the advantages of Chen Li's three-acre front yard and deep forests, Xiang Qiu Ning half pushed and half let Chen Li pull into the depths of the forest, and the clothes did not dare to be freed, and the two stood behind a black pine thick one person.

After finishing things, I sat on the terrace sofa and talked about things.

Xiang Qiuning was still in a confused mood at this moment, although the two sat separately, they knocked their feet on each other's bodies and continued to enjoy the intoxicating comfort.

"I think, if you resign from all your positions in Nanhua, you will get tired of playing in the mountains and rivers for a month or two, so it is better to transfer some of your energy to securities investment," Chen Li grabbed Xiang Qiu's soft and boneless feet in his hands, tickled her from time to time, and said to her, " At present, the internal management of Nanhua has become its own system, Zhao Yuan has not been directly involved in the internal operation and management of Nanhua Group, he really has any intentions, the possibility of starting from within Nanhua Group is not high, even if there is any action, you are easy to find, but he is a veteran who has made waves in the securities market for many years, I think you should guard against him......"

Chen Li suggested that Xiang Qiuning withdraw from Nanhua, but he didn't want her to directly conflict with the paranoid Xiang Qiang, and let Zhao Yuan have the opportunity to pick up discord and watch a good show, but whether it was his suggestion or Xiang Qiuning's original intention, it was impossible to ignore Nanhua, and even advocated that she should turn from light to dark, and staring at Zhao Yuan from the securities market might make a move......

"I will keep an eye on Zhao Yuan, but I don't have any capital to engage in securities investment. Xiang Qiuning said.

"I can take 2.6 billion for you to play first, or you can help me play. Chen Li said.

Chen Li cashed out 10 billion yuan in September of the 7th year, and then lent all of it to the listed company Xinruicheng, and has now accumulated 11 billion yuan with interest, of which 8.4 billion yuan has been converted into 600 million shares of Xinruicheng, and 2.6 billion yuan is a money loan to Xinruicheng.

After the new round of additional issuance of Xinrui City, it also received an additional 4.2 billion direct financing, plus the sales of Jinchen Yueyuan and Xinrui Star City increased significantly this month, Chen Li can take out the 2.6 billion.

"Okay, I'll make a notarized mortgage tomorrow for the shares in my name with Nanjia. Xiang Qiuning said that even if she took Chen Li's money, she still had to clear up the relationship on the surface......