Part 8 Chapter 22 Chen Yu's Decision
Pushing open the window, the cold air rushed in, making the cold outside irritate the dull detergent in my heart. Pen | fun | pavilion www. biquge。 info Chen Yu has never been in contact with group affairs before, and she has just figured out a clue for most of the past half a month, for her, the busyness and exhaustion during this period can reduce the sadness in her heart a little, but she feels really tired, and she can't imagine how Lin Quan can carry out such intense work for several years.
I'm going to keep trying! Chen Yu bit his lip lightly. Look at yourself reflected on the glass curtain wall.
The office door opened quietly, and Chen Mingxing came in on crutches.
"Don't be too bitter about yourself. After all, your second uncle and younger uncle are the main pillars of the group's affairs. Chen Ming walked to the glass curtain wall and stood side by side with his daughter Chen Yu.
After being silent for a long time, Chen Yu couldn't help but ask: "Dad really didn't know about the relationship between Xinghu and Liantou all along?" ”
"I knew it was a long time ago." Chen Mingxing did not avoid his daughter's questioning gaze, "I won't watch Lijing's ups and downs in the past 30 years, it will be ruined, the domestic situation is quite complicated, it doesn't mean that I stand up and take responsibility, and Lijing can get through it...... I'm really sorry about your business. ”
Chen Yu looked up at himself in the glass curtain wall, repeated the same action, and said in a calm tone: "I don't have time to think about my own affairs, I just think that my father shouldn't use my feelings as a bargaining chip......"
"Ugh." Chen Mingxing sighed and said, "If you feel embarrassed, let it go." ”
"I just don't want to trade my feelings." Chen Yu paused and said: "I'm sometimes stupid, I can't see anything clearly, I can't see Lin Quan clearly, but now I can't see clearly, Dad, didn't Dad get out of the Century City project in April?" Zhang Kaiming took away the money, and in order to bear it, didn't his father regard the group as more important than his own life? ”
"Why did Zhang Quan fall to such a point today?" Chen Mingxing said slowly: "He regards Geng Yimin and Lin Quan as the same kind of people as him, and in his heart, he never thinks that Geng Yimin still has any moral problems." Others say that I am embarrassed and colluded with Zhang, but I have good deeds, Lin Quan, I have not been in contact with him, but Geng Yimin, I have dealt with him for more than ten years, and I have suffered losses in his hands, but it is undeniable that he is much more upright than Zhang Quan. A series of actions in Jinghai City this year, Jinghai Construction has always been affected, and it can only be said that it has been hit by Jinghai Jian, and Jingsheng Construction will not be Geng Yimindi's main intention, as for Lin Quan's side, I don't know. Maybe for him, hitting Jinghai Jianzong is just a gesture, everything is too easy, but Nantou can take over Jinghai Jianzong's 1.8 billion creditor's rights, Geng Yimin Shui will let go, regardless of him, he is not that kind of person......"
"Ahh Chen Yu looked at her father in surprise, this was the first time in her life, her father said the cruel truth with an equal attitude, "Lijing could have been so difficult, why did Dad get to this point." I'm still thinking about going for it."
Chen Mingxing shook his head and said, "Do you think I just want to fight?" Jinghai Jianzong's current predicament, Lijing has an inseparable relationship, Zhang Kaiming fled with money, Lijing did not bear it, Jinghai Jianzong immediately collapsed, Jinghai Jianzong collapsed, Lijing never wanted to stand up straight in Jinghai, but Jinghai Jianzong's problems were accumulated, and the cattle farmers cried to Lijing's current situation and could not be solved, so I made this decision......" Chen Mingxing sighed slightly, "How long this matter will drag on depends on how they want to punish Lijing, you let this matter go." Let your uncle negotiate with Liantou. ”
"It's impossible for people to avoid it all the time, but I have one condition," Chen Yu said, can my father promise me ......?"
On the first Monday of the past four years, the securities market ushered in the first day of the zero five years, causing unlimited wind and rain, and the stock price fell below one yuan, and Jinghai Jian, which had been unable to raise its head, was suspended for one hour and made an announcement.
Shan Yuan had already received the news of the suspension of Jinghai Construction, but the specific content was not known, and he sat in the office early on this day, and United Securities Investment Consulting Co., Ltd. was listed in Nangang Building the day before after filing with the regulatory authorities.
The scale of domestic private equity funds in 04 years was about 600 billion yuan, and the securities assets managed by the securities division and securities department of Xinghu Land Securities before and later by the securities department of Liantou Land should be classified into the category of private equity funds. However, in this area, the scope of operation of the Rubber Securities Department is limited to a rather narrow scope, and it is almost integrated with Liantou, and the overall operation is not too independent.
For a long time, the securities department was only a tool used by Lin Quan to snipe at Jinghai Construction, and it also played an important role in the merger and acquisition of Jinghai Electric.
In April 04, the balancing force of the securities market, Delong collapsed, the market quietly and silently fell below the iron bottom recognized by the market, the domestic securities were a sad song, the domestic securities market is a market controlled by emotions and policies, and the policy side has not yet been blown by the warm wind, and the market sentiment is becoming increasingly pessimistic.
For securities investment funds, the most pessimistic market means the greatest investment value, while the most optimistic market means greater risk.
Today is the first operation after the official labor of the United Securities Investment, Shan Yuan didn't know if Lin Quan wanted to make a jackpot, plus he had a quiet life experience, and he had a major event such as the announcement of the general distribution, Shan Yuan thought that Lin Quan would go to the seventh floor earlier than himself, and the time was already half past eight, and he called upstairs, but he learned that Lin Quan had not yet arrived at the company.
Prior to this, Lin Quan stayed at a North American company in California for three days, and California plans to pass a new energy incentive plan this year, which will bring the total photovoltaic power market in California over the next ten years to more than 2ooo megawatts, and then rush to Germany to solve the problems encountered in raising funds.
In 04 years, the output value of photovoltaic cells and modules of United New Energy reached 3 billion, and in 04 years, the photovoltaic industry exploded, and the gross profit of the entire industry was as high as 45%, and the European branch responsible for European sales business intercepted the profit of United New Energy of nearly 150 million US dollars, and hoarded high-purity raw material silicon in Frankfurt.
A month ago, the total value of the high-purity raw material silicon market hoarded in Germany has exceeded 200 million US dollars.
The price of photovoltaic-grade high-purity silicon has risen to 32 US dollars/kg, and Xinbo Silicon has carried out trial production for up to six months, and the monthly output has stabilized at 9o tons, but it is far from meeting the needs of domestic producers, although Xinbo Silicon has successfully mass-produced high-purity crystalline silicon, but the photovoltaic-grade crystalline silicon produced cannot meet the demand of United Solar Power Production Capacity, and 1 megawatt photovoltaic cell needs high-purity crystalline silicon 11____ 12 tons of combined solar power is expected to consume 16oo tons of Xinbo silicon production capacity this year, all used to produce photovoltaic-grade raw material silicon, only 1,200 tons, and the second phase of the Xinbo silicon industry project invested in August will be completed until three years later, the new silicon company has just passed the project review.
It can be seen that other domestic photovoltaic manufacturers are in a dilemma, and even so, domestic photovoltaic manufacturers are still expanding their production capacity. It is foreseeable that in addition to United New Energy, other photovoltaic companies will not be able to strengthen their full capacity due to the lack of raw material silicon, and will be in favor of a huge waste.
Xinbo's series of investments, including the second phase of Xinbo Silicon Industry's new silicon company's Qinglongyuan Avenue project, including raw material silicon production, silicon rod casting, silicon chips and other projects, as well as the investment in Jinghaibiao Construction, made Liantou still feel huge financial pressure after Xinghu Industrial and Tianxinghu delivered huge profits. Although the financial pressure on the development of these projects will increase.
Take Lin Quan's exact words to Mr. Steinberg Jr.: "This commercial insurance alone can bankrupt the small joint investment." ”
Lin Quan plans to raise three to four stubborn dollars by using the high-purity silicon hoarded in Frankfurt as collateral.
Zhongwei Electric and Nantian Electric, both domestic photovoltaic industry enterprises, learned of the news of Liantou's fundraising in Germany, and expressed their willingness to provide the funds required by Liantou in the form of credit guarantee, and the only requirement was that Liantou's high-purity silicon stockpiling cycle in Frankfurt should not exceed 18 months, and the high-purity silicon should be supplied to them in the end.
This is a good condition, after all, the transfer of a huge amount of money from Germany back to China, and the procedures in China are quite complicated, and Lin Quan skipped Mr. Steinbach Jr. and rushed back to China.
In addition to this joint investment, Dongdu and Hutchison both intend to merge their securities departments into the securities investment company for overall operation. Thinking of the scale of the capital invested in the securities investment company, Shan Yuan was excited for several nights, and he couldn't sleep steadily, and there was a big drought that day, but he didn't see Lin Quan for a long time.
Nine o'clock. Fang Nan went down to the seventh floor and asked her, "Why hasn't Mr. Lin shown up yet?" ”
"Oh, he's going to Xinbo at home, and he said that he will come to the company to take a look at the opening and then leave."
Shan Yuan patted his head and pointed at the staff behind him and said, "I have six doctors, twenty-seven masters, and seven undergraduates here, waiting for him to guide the work, but he is not in a hurry......"
"I asked him, he said that the market index silage cellar was determined in the early stage, even if there is a new year, it is just a return to the light, whether the market sentiment will change for a while and a half, whether he sees it or not, it is meaningless, the key is the analysis of you professionals."
"Mr. Jinghai chose to make an announcement today, but Mr. Lin doesn't care about this?" Shan Yuan is not very clear about the matter between Lin Quan and Chen Yu, he said this because the stock price of Jinghai Construction has been quietly absorbing at a low level since the stock price of Jinghai Construction fell below the previous low, but the time is limited, and the amount of absorption is not large.
"What announcement do you think Jinghai Jianji will make today?" Fang Nan asked Shan Yuan's judgment.
"It is very likely that the Jinghai Construction Association will announce the list of new acting management, but they apply to the Securities and Futures Commission for a one-day suspension, which indicates that the new acting management may announce a major decision at the same time.
"If you can't guess, don't guess, there's fifteen minutes left, you're all gathered here, are you waiting for me to guide you to work?" The automatic door opened suddenly, Lin Quan walked in, took off the cold scenery, and handed it to Fang Nan: "The company has very strict requirements for your management, and once the loss of sauce operation is crossed, your shares will be used to compensate." Considering that the market sentiment cannot be reversed in the near future, I will discuss with the relevant people to see if we can raise and lower the warning line again, so that you can relax a little. ”
The articles of association stipulate that the main investment direction of United Securities Investment is concentrated in the field of resources and real estate, and the main task this year is to take advantage of the market to buy goods when the price is low. Grab the chips.
Shan Yuan smiled and asked Lin Quan to sit down, and the stock market had not yet opened, but the news of the announcement of Jinghai Jianzong finally came out by phone ten minutes in advance.
"Jinghai Jianzong will be chaired and president by Chen Yu after returning to China, and there will be important news announced in real time through the news media...... "Shan Yuan answered the phone and reported to Lin Quan in person.
Lin Quan's eyebrows jumped, and he said: "It's bland, there's no surprise, maybe the third news will be more explosive, it's almost to the point, Lao Ji is waiting for me downstairs, I don't have time to accompany you, and I ...... wait any longer" Shan Yuan also wanted to turn on the TV to watch the news conference of Jinghai Jian, but when he saw Lin Quan's interest, Yan Shan's departure was also a little disappointed, and let the staff return to their respective posts. It is impossible to conceal the actions of Jinghai Construction General Corporation, and Nantou is currently the largest creditor of Jinghai Construction Corporation, and has already carried out supervision duties, and has sent personnel to supervise the company's financial and operational situation in the headquarters building of Jinghai Construction General Corporation, and today's news may only be the news announced separately by Lijing, a major shareholder.
Shan Yuan knew that Liantou would not sit idly by and ignore the current predicament of Jinghai Construction Group, and United Securities Investment was currently absorbing Jinghai Construction General Manager on a large scale, so as to wait for Liantou to rescue Jinghai Construction General Manager and seek the greatest benefits.
Just as Shan Yuan was about to invite Fang Nan to talk about things in the office, Jinghai Economic Channel broadcast the scene of Jinghai Jian's general press conference, Fang Nan clasped his hands to his chest and stood there staring at the screen. Wait for the announcement of Jinghai Construction in real time.
At this time, her mobile phone rang, and when she took it out, she saw that it was Gu Xiaoling, and after the phone was connected, Gu Xiaoling's excited and loud voice came: "Lijing will unilaterally announce the cancellation of 34% of the equity of Jinghai Construction under Chen Yu's name, and recognize that Lijing Group should be responsible for the business difficulties encountered by Jinghai Construction General Manager now, and should be held responsible for the huge losses caused to shareholders by a series of events......"
"Ah......" Fang Nan held it there, watched the TV, and the camera gradually zoomed closer to Chen Yudi's face, looking at her with a resolute look on his face, he smiled happily and said to himself, "What a strong person." ”
The staff of the securities investment company seemed to be frightened by Chen Yu's announcement through the TV screen, and they all collectively lost their judgment for a short time, and they all looked at Shan Yuan together.
"The first time to hang the price limit" Shan Yuan came back to his senses, "Even if the essence of Jinghai Construction does not change, this news is enough to support five or six price limits, and when other institutions hesitate, they should absorb goods from the price limit as much as possible......"
Lijing cancelled 34% of Jinghai Construction's total shares, nearly 40,000 shares, and the value of this part of the equity was naturally transferred to the remaining 6o% of the shares, and the theoretical value per share increased by 51.5%.
After this cancellation, the equity ratio transferred to Lijing Group by Zhang Kaiming's flight was increased from 35% to 53%, and the debt of 522 million remained unchanged.
When Fang Nan left the office hall of United Securities Investment and took the elevator to the eighth floor, he took out his mobile phone and hung up the phone to Lin Quan, telling Lin Quan the news, Lin Quan was silent on the other end of the phone for a long time before saying: "Secretary Geng was the first to call me, and he said that the Chen family finally came out with a responsible person. I hope that Liantou can take the initiative to ......"
"What do you mean?" Fang Nan couldn't see Fang Nan's appearance now, and he was a little worried.
"I'm fine, you don't have to worry, Xiaoyu can make such a decision, I'm relieved, everyone is strong, isn't it good?" Lin Quan's voice was very soft on the phone: "Liantou, it's up to you, it's really hard for you." ”
Fang Nan sighed regretfully, thinking to himself, Lin Quan is still a worrying man, he looks stronger than anyone else, but in fact? Maybe people with too similar personalities really don't fit together.
Fang Nan's degree was very fast, Lin Quan returned to Jinghai from Xinbo, and under Fang Nan's arrangement, Lin Quan met with the former Jinghai Fu Chen Mingxing in his office.
In this week and a half, the share price of Jinghai Construction has been listed for six daily limits, and after six stops, Jinghai Construction has not announced the substantive news about the continued construction of Century City, which finally made the market hesitate, but the stock price has returned to the middle level of last year and began to hover around one yuan and a half.
Although Zhang Tao lost a lot in the stock market, he didn't have to jump off the building.
Lin Quan returned to Jinghai but complained, "Lijing can express her determination. But the timing is not good, so that the securities investment has a lot less time to absorb goods at the bottom, and now the absorption cost is five or six percent higher than that of the early line...... "Fang Nan saw that Lin Quan was in the mood to say this kind of heartless, lungless, and underbeaten words, which showed that he was in a good mood. Hopefully today's meeting will have a good outcome.
Lin Quan, Fang Nan, Chen Mingxing, Chen Yu, and Chen Chen's father, Chen Shan, sat on the brightly colored sand, thinking of the events of so many years, and couldn't help but sigh everyone.
Lin Quan's voice was low, there was no extra emotion at this time, and his voice was very calm, as if the previous events had no effect on him, and he looked like he was doing business: "Lijing Group currently owns 53% of the shares of Jinghai Construction, with a market value of 570 million yuan, and Liantou is willing to bear 5.2 debts for Lijing.
"Can I know what plans most of the investment plans are for the continuation of the Lijing Century City?" Chen Mingxing looked at Lin Quan Jinghai, the new young man is hugely rich, and his legendary entrepreneurial life is also the upstart in this power game, and he has never had the opportunity to look at him so closely.
Lin Quan shook his head: "It's too early to talk about the continuation plan, at present, we have to solve the financial problem first, the president can't always let the creditors block the office, nothing can be done, this problem is not completely solved, what continuation plan is in the air?" ”
"The Lijing Century City project is burdened with a huge debt of 3.7 billion yuan, even if Liantou injects 520 million yuan into Jinghai Construction. It is also impossible to completely solve the financial problems of Jinghai Construction General Land, and on the issue of Liantou taking over Jinghai Construction General Estate, other creditors will definitely ask Nantou to recuse themselves from voting! Chen Mingxing analyzed: "Liantou does not have a feasible plan. How to convince other creditors. ”
"I think that the creditors are collecting debts now, which will only force Jinghai Construction to completely go bankrupt and liquidate and split Lijing Century City into dozens of pieces, so I don't believe that they have the ability to recover their losses. For everyone. The best way is to continue to invest funds in the continuation of the construction, and after the completion of the reconstruction, even if the sales can not be broken through, then the Lijing Century City will be split and repaid the debts, and the benefits to the creditors will outweigh the disadvantages, so the most important thing for Jinghai Construction is to persuade the creditors to reduce the financial cost of Jinghai Construction, so that Jinghai Construction will return to the normal orbit as soon as possible, and Jinghai Construction will accept the supervision of creditors before paying off all debts, so as to ensure that the construction funds are not likely to be diverted. ”
When the behemoth economic giant of Liantou shows its hideous face in front of the world, it should not be difficult for creditors to be convinced that Liantou not only controls the king of unfinished and rotten buildings; Xinghu Industrial also controls Jinghai, the most powerful Dadi Real Estate Development Group, and is the founder of Nangang New City, revealing its true face, Liantou is probably the best and only investment company in the minds of all creditors to solve the problem of Lijing Century City.
The key is how much Lijing is willing to pay!
Lijing took the initiative to cancel 54% of the shares, which was the irresponsibility and the price paid by Lijing for the current predicament suffered by Jinghai Construction, but Liantou did not have the obligation to bear debts for Lijing, in the words of Fang Nan and Shu Ya: "When talking about business, Lin Quan is really a cold person!" ”
Fang Nan was consulting Lin Quan's opinions, and had already negotiated with Lijing about the financial level, Shan Yuan had been on the board of directors of Jinghai Construction for nearly a year, and Yang Dezhi had served as a senior executive in Jinghai Construction for several years, and he was no stranger to Jinghai Construction's situation, plus Lijing also began to prepare for bankruptcy liquidation, so it was not difficult to check the financial level.