008 reached a consensus
That night, Qian Feng called his brother and asked him to convene all the investors of the private equity fund to the office for a meeting tomorrow to discuss major investment issues. The funds in the fund are not their own, they are the trustees, and the investment decisions of the secondary market of the stock market are normal for buying and selling stocks, and the investment behavior is not to be communicated with the investors, but when it comes to the acquisition of equity holdings of a listed company, it is necessary to use extraordinary methods, and it is not possible for different investors to reach an agreement.
At best, it is a fiduciary responsibility, and at a lesser level, it is a personal character and literacy.
The next day, all the fund investors arrived on time, as the first investment meeting of the newly established fund, the sailing golden ship was about to set sail, everyone was naturally full of longing, full of expectations, and intense emotions.
After a little greeting, Qian Feng first analyzed the situation of the 003826 to everyone, and then threw out the plan of controlling the acquisition.
No one expected that Qian Feng, the God of Wealth he relied on, was going to make a big deal as soon as he came up, and he didn't react for a while, and they were all a little stunned. But the temptation is huge, according to this plan, you can immediately own a listed company, and immediately become the actual controller of a listed company.
Businessmen who don't know how to settle accounts, there are many enterprises in the country, but there are only about 3,000 listed companies, a drop in the ocean. How many powerful large companies have been queuing up for several years with the departments in charge of listing and issuance, eagerly waiting for approval; how many companies have sharpened their heads, taken risks and squeezed into the listing without hesitation of fraud? Why? Because when they go public, they will also obtain a considerable financing platform, which means that there is no possibility for the multiplication of assets.
"Our head has opened my eyes, it turns out that the stock market can still play like this. A fund funder broke the silence in the room and spoke heartily. The title of the head of the house was given to Qian Feng when everyone gathered to greet and joke, which seemed affectionate, appropriate and respectful.
Someone opened their mouths, and everyone discussed it with a mouthful of nonsense, Qian Feng didn't make a sound, it was necessary to let the bullets fly all of a sudden, and only after mastering everyone's thoughts and reactions could it be targeted.
Qian Feng listened for a while, and could hear that everyone's unanimous enthusiasm for the holding acquisition 003826 itself was nothing more than the 1 billion funds required for the acquisition lying there, and it was not easy to express his position, more than a dozen people in it had different net worth, some people subscribed to the fund and still had money to invest, and some people were weak.
Qian Feng held this investment meeting mainly to fulfill his fiduciary responsibilities and obtain a unanimous vote to approve the acquisition of the controlling holding, which can be passed if the vote is made now. As for their financial resources, the 100000000000000 shortfall is not something they can add, and holding meetings is also an art, and he has not yet said the financing method.
"There is a plan that you can discuss," Qian Feng said calmly, "It is estimated that more than 100000000000000000000 will be needed to operate this project, in addition to the existing 200 million in our fund, there is still a difference of about 1 billion, and I will invest this 1000000000000000000000000000000000000000000000000000000000000000000000 Then, the equity of this project is based on the proportion of capital contribution, I account for about 90%, and everyone together accounts for about 10%. ”
Qian Feng has 1 billion funds, he said this to lead to the second plan, that is, to use the fund's existing 200 million yuan as a leveraged financing plan.
Hearing Qian Feng say this, everyone naturally has no objections, after all, it is a big pie, and you can only stare dryly if you don't have money. What's more, people don't eat alone, and bring everyone to eat together, although the benefits are a lot less, after all, they are also eating.
"Head, otherwise, I will invest another 30 million in it, and your 10 billion will be given to me. A funder said to Qian Feng.
Someone jumped out, and then someone responded.
"Head, I will also invest another 20 million, and you will give me evenly. ”
Qian Feng smiled, waved his hand, and did not respond, it is estimated that it will only be one or two hundred million again, and the effect has been achieved.
"Well, there's another way you can think about it. Qian Feng said that the second plan was thrown, which was to use the existing 200 million yuan of the fund to do pledged leveraged financing.
"Head, you have given me a long time to see, why didn't I think of this trick. As soon as Qian Feng's plan was finished, a funder said it, causing everyone to laugh and ridicule.
"If you think about it, you're not the boss. ”
"There are two key points in this plan, one is that there must be this channel willing to give us 5 times the leveraged loan, and the other is that after the completion of the equity acquisition, the stock price cannot fall by more than 15% in a period of time, otherwise the pledged equity will be forcibly liquidated. Qian Feng continued to add.
Hearing Qian Feng say this, the big guy was silent again. Qian Feng didn't rush to continue speaking, and let everyone's minds fully brew first.
"What I understand is that there is such a good business of buying a listed company now, and it is a big business that is small and big, and when it gets rich, it will make money, and if it doesn't get it, it will admit that it will stop cooking, right? "There are funders who speak.
"To sum it up in layman's terms, that's just the thing. Qian Feng smiled and nodded yes.
"It's very simple, if you want to do this big business, if you want to do it, you have to find a way to solve the two key points that the head said. Another investor answered, "Do you want to do it?" If you do, the two key points that the head of the company said are nothing more than doorways and methods, and we will discuss and find a way. ”
They are all businessmen who have gone through storms and waves, and they also know the relationship between benefits and risks. According to the articles of association of the fund, the voting rights are calculated according to the share of capital contribution, and before everyone has finished voting, more than half of the votes have been generated.
"I'm sorry, the boss, take back your 10000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 "Concluding remarks were made and adopted.
Qian Feng smiled, he really had 1 billion yuan, so he didn't need to hold this investment meeting on art.
"In fact, the second key point is that you don't have to worry too much, the stock price of 003826 has reached an absolute low, and it is a clear water plate held by completely retail investors. When we buy control, a control situation has been formed, the total market value of the 003826 is very small, and the room for the stock price to fall further is also very small. Qian Feng added.
In fact, Qian Feng's statement is somewhat similar to sitting in the bank, except that sitting in the bank is manipulating dozens and hundreds of vest accounts to achieve control and make profits, which is an illegal act. It also achieves the effect of control, but the former is a normal investment behavior.
"We don't worry about this, the operational level is controlled by the head, we trust you and rely on you. "Someone has made a statement.
Now, the focus of the problem is on how to raise 1 billion funds. Since this is already a project that everyone snatched from Qian Feng's personal hands, of course, the financing matter will be solved by everyone.
It's just that the amount of leverage is too large to use 200 million pledges to make 5 times the financing leverage, and it cannot be financed from securities companies and trust companies normally, so it can only take abnormal ways.
Several investors have been doing business with the county rural credit cooperatives, and they are familiar with the president Li Guizhi, that is, the wife of the county leader, and they asked to see if they could think of a way through the county rural credit cooperatives.
However, under normal circumstances, banking institutions do not have this business, but the system of rural credit cooperatives is completely different from that of large state-owned banks, and the degree of restriction is not high under the supervision and regulations of the China Banking Regulatory Commission.
But in any case, it is definitely illegal to take a flexible business subject, so it is neither impossible nor without obstacles, and if you want to convince President Li Guizhi, you must use the gray method.
Qian Feng thought that Li Guizhi's son Bai Sen and Wu Haoming, the young owner of the listed company, were brothers, and reminded the investors not to reveal their goals when communicating with Li Guizhi of the Rural Credit Cooperative.
"No, we are not people who have just come out of the rivers and lakes, and we also know about Li Guizhi's sons Bai Sen and Wu Haoming. ”
"Boss, don't say it, we have saved 003826 by controlling the 003826, if their old man Wu is gone, the company will be completely taken care of by his loser son, and a listed company in our county will be finished. Someone said again.
"Yes, I also heard that Wu Haoming and Bai Sen teamed up to play * silver futures last year, and they lost a lot of money, and the houses on both sides filled the holes. It's a rumor, and I don't know if it's true or not. ”