Text Text_Chapter 521
The elevator of Dongshan Hotel is not big, Chen Li and they go downstairs in two elevators, Xu Yuanzhou, Zheng Wenyuan, Zhou Bin, Ye Nanjia, and Zhao Chen take one, Chen Li holds Xixi's little hand, and sits with He Yanbin and He Wan.
Seeing Chen Li holding Xixi's little hand, standing in an elevator with He Yanbin and He Wan's father and daughter, Fang Yixin was also a little stunned, when Shan Fuming received a call from Xu Yuanzhou just now, he knew that Chen Li was in Los Angeles today, but he didn't expect to meet him directly at the elevator entrance inside the Dongshan Hotel.
He Wan wore a tender yellow dress today, with long hair like a black waterfall draped casually behind her shoulders, although she was three or four years older than Chen Li, her fair skin revealed a girlish luster, and she was at the most bright and moving age of a woman, holding Xixi's little hand with Chen Liyi left and right, as if a family of three took her father-in-law out for a meal, even Fang Yixin was already married and had children, seeing this scene, the corners of her mouth couldn't help twitching.
“…… Take Xixi out to eat?" Fang Longmao suppressed the surprise in his heart, and nodded to He Yanbin with a calm face.
No matter how deep the grievances between each other are, he is also Xixi's own grandfather, although he once wanted to snatch Xixi's custody, but later saw that Xinchaorui had become such a large scale, He Wan, as the chairman and president of Xinchaorui Real Estate, could not let him succeed, he gave up such an idea, but he would still take Xixi over to live for two days every other day.
He Wan didn't want to leave any shadow on Xixi's growth process, as long as Fang Longmao didn't want to fight for custody and guardianship, and took Xixi away for two days, she wouldn't stop her, and even let people send some gifts during the New Year's holidays.
After all, her former lover was Fang Longmao's only son.
Shan Fuming of Los Angeles Department Store saw Chen Li standing in the elevator, and he wanted to dig into the crack and bury himself in it, but he had already hit the face directly, and it was impossible to hide, so he smiled and said: "What a coincidence, Mr. Chen and Mr. He are also in the Dongshan Hotel - I just received a call from Mr. Xu, and I knew that Mr. Chen was also in Los Angeles, but I had already drunk a lot of wine with Mr. Fang today, and I was not forgiving at all, and I was already too strong to drink, and I was afraid of being embarrassed in front of Mr. Chen, so I thought about going to Pujiang in two days to visit Mr....... Chen."
"The elevator is still empty!" Chen Li took Xi Xi's little hand, shrunk it with He Wan, and made enough space to let Shan Fuming, Fang Longmao, and Fang Yixin come in, as if he believed Shan Fuming's words, and didn't mind Shan Fuming's lie of "no malice" just now.
Seeing this, Shan Fuming, Fang Longmao, and Fang Yixin could only walk into the elevator head-on.
At this time, Xu Yuanzhou, Zheng Wenyuan, and Zhou Bin had already gotten off the elevator first and were waiting in the lobby.
Xu Yuanzhou is not as good as Chen Li, seeing Chen Li walking out with Shan Fuming and Fang Longmao, his face changed, and he sneered: "I'm really simple, just now I really believed that Mr. Shan is not in Los Angeles today - which one does Mr. Shan finally sign an agreement with, this is something that Mr. Shan is happy to do, and we can't forcibly tie up Mr. Shan, we must sign with Xinchao Rui, but what is the matter, so that Mr. Shan must hide it, and use this clumsy lie to deceive our sincerity?" I thought I was an old friend of you!"
Xu Yuanzhou is not stupid, if Shan Fuming had dinner with Fang Longmao and Fang Yixin for any other reason today, he would not have dealt with them with such a lie at all, with the current situation, it must be that Fang Longmao and Fang Yixin will offer better conditions, and Shan Fuming will be more willing to cooperate with Fang Longmao and Fang Yixin.
Shan Fuming made this clear, but in fact, there was nothing.
Originally, the backdoor listing was a matter of staying if it was a combination, and it would be broken up if it was not a combination, and Chen Li did not necessarily have to borrow the shell of Los Angeles Department Store, but at this time, he was also talking with several other backdoor partners, and finally he would make a comprehensive consideration and choose the one with the most suitable conditions to sign the agreement.
However, Shan Fuming did not explicitly refuse this side, and the two sides were still in the negotiation process, so he dealt with them with such a perfunctory attitude, but it really annoyed Xu Yuanzhou and felt very embarrassed - he personally helped match the bridge with Los Angeles Department Store.
was reprimanded by Xu Yuanzhou's sneering, Shan Fuming could only stand there with a sneering face, he could be said to be the head snake in Los Angeles, but when he left the ground in Los Angeles, he knew that Xu Yuanzhou was a person with real energy, not to mention Chen Li, who was not smiling, was a character he was unwilling to offend directly.
"Mr. Shan drank too much wine today, and I want to go back to rest early, and I can't blame him - we still have to live in Los Angeles for a few days, and we don't have to worry about Mr. Shan not having the opportunity to meet," Chen Li smiled at Xu Yuanzhou very calmly, but when he said this, he didn't look at Shan Fuming, and saw that the driver was about to drive to the front of the lobby, so he took Xixi's little hand and said to her, "Xixi said goodbye to your grandfather, let's go back first." ”
Watching Chen Li and them get into the car and leave in turn, Fang Longmao, Fang Yixin and Shan Fuming were accompanied by their entourage, and their emotions were complicated.
Fang Longmao didn't have to compete with Xinchaorui, but the shell resources they could find were really limited.
There are only 47 listed companies in the entire Central Plains Province, and only seven have the need for asset restructuring due to the decline in performance, of which Los Angeles only has the shell resource of Los Angeles Department Store.
All the shell resources, there are a number of backdoor companies staring, the Fang family does not have a particularly strong industry, and the conditions that can be negotiated are limited, and it is still not weak in Los Angeles, so I know that Xinchaorui has been in contact with Los Angeles Department Store for half a year, and I also stepped in to grab this shell resource.
At this time, Xinchao Rui is too powerful, and he also avoids startling the snake, and their negotiations with Shan Fuming have always been under extreme secrecy, but they didn't expect to be so unexpectedly bumped into today, and Shan Fuming told a lie that was not big or small, and they had no chance to hide it if they wanted to.
If it weren't for the secret backdoor negotiations, both prominent figures in Los Angeles, Shan Fuming had a meal with them, and it was necessary that he wouldn't dare to tell Chen Li and Xu Yuanzhou about it?
"There's nothing to worry about, I believe our conditions should be more favorable to you. Fang Longmao patted Shan Fuming's shoulder and said comfortingly.
Everyone took the car to He Wan's house in Los Angeles to drink tea, but when it came to Shan Fuming, he was still angry.
"Does the Fang family want to put Fanglong Real Estate into a listed company?" Zheng Wenyuan asked suspiciously when he saw that Xixi had asked her grandmother to go upstairs to sleep first, and then took out a cigarette from her pocket and distributed it to everyone.
Everyone is also inclined to Zheng Wenyuan's judgment, in 08, Qingquan City sorted out the chaos in the private lending market, and Wanbang Jialong's tripartite joint venture barely carried it, but it was only reluctantly.
At present, the apartment houses in Qingquan Xinrui City are priced at a price of only 5,000 per square meter, and the supporting facilities around Wanbang Jialong Binjiang New Town are not in the climate, and many of the planned supporting projects have been cut off because of the lack of financial investment by the municipal government, so that Wanbang Jialong Binjiang New Town can only push the house price to below 4,000 per square meter, and the sales will only improve slightly.
This makes all the profits they have made in Wanbang Jialong Jiangwan New Town basically pasted into Wanbang Jialong Binjiang New Town.
Among the three major joint ventures of Wanbang Jialong, Wanbang Jialong has a big business, as long as Wanbang Jialong's two projects do not incur huge losses and can clear the principal, it is not a problem, but Mu Zhirong and Fanglong Real Estate are not so comfortable.
Most of the capital they invested in Wanbang Jialong was borrowed through high-interest loans, and once Wanbang Jialong did not make a profit, they would be equivalent to a large amount of interest every year.
Mu Zhirong's side has seriously affected the development of the main business, and specifically the two major shareholders of Fanglong Real Estate, the Fang family has strong assets in Los Angeles, and Gao Junmeng was forced to sell his holdings in Fengyuan Group to Dashang Capital last year.
Subsequently, the equity of Fanglong Real Estate was adjusted again, Gao Junmeng's shareholding in Fanglong Real Estate was reduced to 25%, and the Fang family will install some profitable local projects in Los Angeles into Fanglong Real Estate, increasing the shareholding to 75%, but even so, Fanglong Real Estate is not qualified to be directly listed, and if it wants to obtain financing channels and other operating space in the secondary securities market, it is only to take the road of backdoor market.
"What kind of high-quality asset is Fanglong Real Estate, can the Fang family still take out 1.2 billion yuan and directly buy the shares in the hands of Shan Fuming?" Xu Yuanzhou asked in an unhappy mood.
"I don't know if Han Zirui is involved!" Zheng Wenyuan said with a frown.
Although the current market value of Wanbang Real Estate has also risen to more than 80 billion, the Han family and the Zheng family have reduced their holdings too much in the early stage, and the equity held in Wanbang Real Estate at this time is relatively low, corresponding to a market value of less than 15 billion, and Han Zirui, as the president of Wanbang Real Estate, has cashed out the equity incentive in recent years, and holds less than 1% of the shares in Wanbang Real Estate.
Han Zirui secretly participated in Fanglong Real Estate's backdoor acquisition of Los Angeles Department Store, in exchange for a part of his personal shares, and then drilled some high-quality projects belonging to Wanbang into it for benefit transfer, and the benefits he could obtain were definitely much greater than his gains as the president of Wanbang.
"What's so annoying about this, is it not benevolent and righteous to buy and sell, is it really necessary to tie up Shan Fuming and sign a contract with us?" Chen Li looked at Zheng Wenyuan and Xu Yuanzhou with angry expressions, and said with a smile indifferently.
"You're really not angry at all?" Xu Yuanzhou asked as he stared at Chen Li.
"What's so angry, don't I have to live in Los Angeles for a few days, maybe Shan Fuming will change his mind in two days and come to talk to us about cooperation again?" Chen Li said with a smile.
"How did you get him to take the initiative to find him?" asked Xu Yuanzhou.
"Tomorrow and Monday, if you don't do it, then I'll ask people to pull a limit for Los Angeles Department Store when the market opens, so that they can be happy. Chen Li said with a smile.
"......" Xu Yuanzhou considered how much impact Chen Li's method would have on the cooperation between Shan Fuming and Fang Yixin, backdoor listing, usually to obtain the main control of a listed company first, but to issue new shares and directly replace the relevant assets into the listed company, even if the process of backdoor is complete.
At this time, the most important thing is the pricing of the new shares.
Because the value of the assets placed is fixed, the price of the new shares is high, the amount of new shares that can be exchanged for is low, and the proportion of shares that can be obtained in the future is low, which is definitely not what the backdoor party wants to see, so it is necessary to stabilize the stock price at a certain level through the secondary market before the backdoor.
Generally speaking, after the asset restructuring, the new controlling party will almost have to maintain its shares at more than 60% in order to be considered a relatively successful backdoor transaction, and then it can leave enough space for subsequent additional financing, allotment, etc., but if they directly double the share price of Los Angeles Department Store before the backdoor of Fanglong Real Estate, even if Fanglong Real Estate succeeds in the backdoor, the shares held may reach 40% , They have spent so much success, what is the point of borrowing this shell, just to find a channel to sell Fanglong Real Estate and let the previous investment exit?
You must know that the temporary surge in the stock market after the backdoor is meaningless to Fanglong Real Estate, after all, the controlling shareholder's shareholding has a long lock-up period, and during the lock-up period, you can only watch Chen Li and Xu Yuanzhou play with the stock price.
"But it's still hard to say, the situation of Fanglong Real Estate is not good, it is better to be backdoor than not to have backdoor, even if we pull up the stock price, maybe they will bite the bullet backdoor." Zheng Wenyuan said.
"Isn't the Los Angeles City Government looking for a buyer to sell its shares in the Los Angeles City Commercial Bank?" Chen Li said, "You stay with me in Los Angeles for a few more days, and then we can negotiate this matter." ”
"This is a way to try. Zheng Wenyuan said excitedly.
An important reason why Shan Fuming was anxious to sell the shares of the Los Angeles Department Store was that in 06 and 07, he bought a large piece of land in his private name to develop real estate, and the land money and construction funds were borrowed from the Los Angeles City Commercial Bank with his shares in the Los Angeles Department Store as collateral.
In addition to Shan Fuming, Fanglong Real Estate also borrowed a large amount of money from the Los Angeles City Commercial Bank.
If they can get the dominance of the Los Angeles City Commercial Bank, whether it is to put pressure on Shan Fuming, but also to remind Fang Longmao that they have enough means to make their backdoor plan not successful.
In terms of retiring 10,000 yuan, other shareholders of Los Angeles Department Store except Shan Fuming look at the backdoor of Xinchaorui Commercial Los Angeles Department Store and Fanglong Dili, which one is more beneficial to them, and it is also clear at a glance - domestic listed companies are mainly controlled by controlling shareholders, which is the current norm, but it does not mean that other shareholders have no way to speak out, maybe they can finally rely on their holdings of eighty or ninety points in their hands, contact other shareholders to directly grab the control of Los Angeles Department Store.