Part 11 Chapter 9 Stop it
The launch of Century City represents the recovery of the high-end property market in Jinghai area, and on the day of opening, it set a record of 300 million yuan in daily sales, which played a direct role in stimulating the recovery of Jinghai Construction's stock price, and rose to 9 yuan per share in early April. Pen × fun × Pavilion www. biquge。 However, after the Century City project, Jinghai Construction will discontinue its real estate business and concentrate on infrastructure construction and investment. After some period of time, Liantou increased its holdings in Jinghai Construction to 55%.
The recovery of high-end buildings in Jinghai does not mean that the hot money that was trapped in Jinghai last year can get out of trouble. Century City represents the pinnacle of high-end real estate in Jinghai, and has long attracted the attention of middle- and high-income families in Jinghai City, especially in the past year or so, the municipal and commercial supporting facilities have become more and more complete, and its delay in opening has suppressed the purchase of buyers. Century City did not offer an unexpectedly high price, only 1o% higher than the real estate in the same area, with an average price of less than 5,000 yuan, and was flocked by buyers to buy, and the daily sales volume reached 300 million yuan.
Under the edge of Century City, Jinghai Mansion also had to delay the opening time, except for the real estate projects in distant regions, other real estate projects can be described as dismal during this time, not to mention the second-hand housing transaction market. In addition, the market of Century City is particularly large, and analysts believe that the total sales volume of Jinghai property market in the second quarter will increase by 5o percent compared with the same period last year, and the total sales of Century City will account for 4o% or more of it. A perfectly completed project like Century City is only 1o% higher than similar developments. It's simply dumping at a low price, and it would be wise to postpone the launch of new development in other places until the third quarter.
Those hot money that was trapped in the Jinghai property market want to get rid of it, and the only way to do it is to rely on the recovery of the second-hand housing market. The recovery of the second-hand housing market will only take longer.
From last year's Shen's entanglement of the hot money group into the Jinghai property market, until the fierce struggle for control in Jinghai Construction Group, these hot money was fiercely sniped by the Jinghai Municipal Government and Liantou, and then spread to Shen's listed companies. Hengdian Energy and Shen's Real Estate, which were still high-quality stocks in the securities market last year, have been blown by a storm after experiencing a storm and an audit storm. It's in ruins.
Shen's Group borrowed 5 billion yuan from its listed companies in violation of regulations, of which nearly 3 billion yuan was borrowed from two financial institutions, Zhixin Bank and Provincial Exhibition Bank, using the credit line of Hengdian Energy, and Zhixin Bank requested that the tradable stock assets of Hengdian Energy and Shen's Real Estate held by Shen's Group be frozen and required to liquidate and pay off debts.
The joint securities that once disappeared from the list of the top ten shareholders of Hengdian Energy and Shenshi Real Estate were invested in the first quarter of 06. Reappeared on the list of the top ten shareholders of tradable shares, ranking third and fourth among the top ten shareholders of tradable shares with 4.8% and 4.9% respectively, and formally put forward the request to acquire the assets of the tradable shares of the Shen Group.
At this time, it was the turn of Liantou to compete with Shen's Group for control of its listed companies.
In the first quarter, the United Securities Investment frequently appeared on the list of liquid energy stocks of various listed companies, and the listed companies that are particularly fond of mineral resources and block boards, and the assets exposed to the water were as high as 20 billion yuan, and it was praised by the industry as the largest private equity fund in the non-ferrous metal sector.
The outline of Liantou as an upstart in the consortium is becoming clearer and clearer. Due to the downturn of Shen's real estate. Xinghu Holdings has become the leading real estate company in the eastern region, with a profit of 2.5 billion yuan in five years, and Xinghu Holdings is only one of the three major groups under Xinghu Construction, at this time, relying on Qinglonghu Construction Group, it is actively expanding to the second-tier cities in the central region.
New energy has become a hot spot in the capital market recently, and only the solar power group under United New Energy is mainly engaged in the manufacture and sales of solar cells and modules, and the net profit has reached 3 billion yuan in five years. Relative to capacity expansion, profit margins have declined compared to 4 years.
The decline in profits of solar cells and modules was mainly due to the continuous surge in the price of upstream high-purity silicon raw materials, and the breakthrough of photovoltaic-grade high-purity silicon production capacity in the past five years after the debottlenecking project. The output reached 1,600 tons, and the output value reached 600 million. Gross profit accounts for 7o, and it is expected that the output value will be doubled to 1.2 billion because of the continuous surge in prices without increasing output in 06 years.
Thanks to the substantial increase in the market value of the listed companies controlled by the local investment market and the Soviet Union, the equity assets of the listed companies controlled by Liantou alone exceeded 25 billion.
In other words, a year ago, Liantou proposed to acquire the frozen tradable shares of the Shen Group, which would make many people scoff, but today the Shen Group is on the verge of collapse, and the decline of the Shen Group is caused by the stubborn sniping of the Liantou, and the relevant parties have to take this issue seriously.
This is really a surprise to the Shen Group
Bad news.
6. Zhongda frowned, and for a fatal mistake for a huge group, perhaps only one was enough. A year ago, the Shen Group claimed to have assets of 40 billion yuan, only to shrink by more than half after a year. And the shackles of funds around the neck of the Shen Group are getting tighter and tighter. Last year, the Shen Group not only embezzled nearly 5 billion yuan of funds from its listed companies in the form of loans, overdrafts, and credit, but also directly borrowed 4 billion yuan of funds from financial institutions.
Different from the general hot money of property speculation, the way for Shen Group to enter the Jinghai property market is not to acquire real estate, but to directly acquire shares of real estate projects, or directly acquire shares of real estate companies. For the Shen Group, there is still a glimmer of vitality, that is, to reorganize these real estate projects and the company's assets into Shen Real Estate, and Shen Real Estate will invest in the acquisition of these projects to help Shen Group solve the problem.
However, the Jinghai property market continues to be sluggish, and Shen's real estate has suffered a heavy blow in the stock war, and Shen's group's behavior of passing on the crisis will obviously not be recognized by the market, not to mention that Shen's group is not absolutely controlling Shen's real estate, and the most critical joint investment will not give them this opportunity.
"Liantou injected new energy assets into Jinghai Electric, and the scale of Liantou will be far greater than Shen's, right, does the eldest brother really want to see Shen's complete collapse?" 6 Zhongda blocked 6 Boyuan at the door, and in the face of the Shen family's life and death, the grievances and grievances seemed light.
Last winter, 6 Zhongda also mentioned meeting with Lin Quan, but at that time, although the Shen family was frustrated, the tiger was still powerful, 6 Zhongda still wanted to take the initiative, but at this time, the Shen family was completely suppressed and could not move, 6 Zhongda was almost pleading.
"Didn't Liantou propose to acquire part of the tradable shares of Hengdian Energy and Shen's Real Estate?" 6 Bo Yuan Heng was at the door, and he didn't mean to invite 6 Zhongda to come in and speak.
"Little sister and Shen Zaixing, if you agree to me to stand here and beg you what to do?" 6. Zhongda said again: "What's more, Liantou will stop after acquiring this part of the tradable shares?" ”
"Stop? You have to persuade 6 Bingqian, Shen Zaixing and their precious son to stop harming others first. 6 Bo Yuan retreated to the door and stared at 6 Zhongda. Under 6 Boyuan's cold gaze, 6 Zhongda didn't follow in. 6. Bo Yuan slammed the door shut, and shook off some iron filings.
6 Yiman saw his father 6 Bo Yuan angrily pushed the door in and asked, "What's the matter with Dad, the courtyard door hit so loudly that it almost woke Xiaoxuan up?" ”
"It's nothing, let 6 Zhongda block the door," 6 Boyuan saw Chen Li coming down the stairs, "Rushed me home today?" ”
"Lin Quan went to Germany today, just sent him on the plane, and when he saw that the time was almost time, he came back directly."
"Oh," 6 Boyuan said, "Liantou really wants to acquire the outstanding shares of Hengdian Energy and Shen's Real Estate, why?" ”
"Shen has offended a lot of people, Liantou can't come forward, and believe that the bank is likely to close the frozen tradable shares, and the consequences will be very serious, and Liantou can delay the time to solve the problem now......"
"Will Lin Quan let go?" 6 Bo Yuan asked worriedly.
Chen Li stood at the top of the stairs and said, "Why didn't Liantou let go when they took responsibility for what they did?" ”
"Be responsible," 6 Bo Yuan sighed softly, "You still remember the car accident, right?" ”
"Who can forget?" 6, Yiman said hatefully next to her, but after she gave birth, Chen Li told her the ins and outs of many things one by one: "In their eyes, their lives are life, and other people's lives can be trampled on casually?" ”
"When Zhang Kaiming died, Shen Le was stimulated, and he was frightened when the wind was a little louder, and it seemed that it was difficult to return to normal, which could be regarded as punishment," 6 Bo Yuan still hoped that the Shen Group would continue, but he didn't know how to speak: "The shooting case has no clue yet?" ”
"In February, the Ministry of Supervision completely took over the investigation of the shooting case, and there was no news from the provincial department here, even if the case of the loss of Jinghai Jian's total state-owned assets could not be closed, there may be a clue, but there is no news in the province."
"Why do you want to hide it from the province," 6 Yiman asked curiously, "Could it be that the people in the province were involved in the shooting?" ”
"It's hard to say, when Zhang Quan was in power, everyone knew about this problem, but no one would stand up and say anything, depending on how the Ministry of Supervision investigated, what was found was what it was, and the others didn't know." Chen Li said.