Chapter 059: Real Estate Tycoon

There is no problem with the finances of New Era Real Estate, and Lin Zuhui breathed a sigh of relief.

The total assets are 160 million, the property assets are 152 million, the book liquidity is 8 million, the debt is 110 million, and the shareholders' funds are 6.5 million.

The current crises include: high bank interest rates, losses in operating costs, the risk of creditors applying for liquidation, several development sites are currently 'unfinished', banks are unwilling to lend, and the company's reputation is low.....

To sum up: although real estate warmed up in the fourth quarter of last year, it was not obvious; Even many people still feel that the current Hongjiang Company is seriously reregistered and capitalized, and it is not suitable for purchasing property.

On April 18, there was an 'official land auction', and the Hong Kong government launched the 'Admiralty Land King', which, as far as Lin Zuhui knows, is a clear signal that the real estate is warming. This is a trick used by the Hong Kong government, where before the real estate waves, the Hong Kong government will definitely take out a piece of 'land king' auction to stimulate the market.

New Era Real Estate urgently needs a fund to repay the loans of creditors and some banks, and relieve the crisis of liquidation, while the interest generated is also reduced accordingly.

signed an equity transfer agreement with Huang Qianheng, and did not hold a press conference, and no one even knew about it inside New Era Real Estate.

This is what Lin Zuhui specially requested, and he needs to wait for an opportunity!

At present, the total share capital of New Era Real Estate is 200 million shares, and Lin Zuhui holds 80 million shares, accounting for 40% of the shares. In order to control the real estate of the new era, Lin Zuhui plans to bring Wang Qilin in as a director in the future, and then poach Gao Yi as his assistant.

Gao Yi was the former general manager of Paramount, and then worked as an assistant to the general manager of Gaosheng Real Estate, although Wang Qilin did not exclude him, but he was not Wang Qilin's descendant after all, so he was not considered the core management of Gaosheng Real Estate.

But Gao Yi and Lin Zuhui have always been in contact, and he was introduced by Lin Zuhui when he first entered Gaosheng Real Estate, otherwise he would have lost his job. Lin Zuhui likes Gao Yi one point, that is, he is very professional, and if he serves that boss, he will be loyal to that boss.

......

On Friday, March 29, "GOOD" magazine was officially launched, and the industry paid attention.

"Inaugural Issue - Editor-in-Chief - Xu Shenglin, Shao Guohua"

"All-weather Young People Magazine"

"City Surprise"

"Campus Complaints Unit"

"School Comics - XZ Kid"

"S.K.H. Jixiao Middle School, Wellington English Middle School, Jiangsu and Zhejiang Public School, the school flowers and schools take the lead!"

"With Three Lonely Hearts - Participation Form"

Rather than advertise in newspapers and television stations, GOOD magazine hired a large number of temporary student workers to carry out leaflets and posters directly on campus.

At some newsstands near campuses, there were also staff members of Wanhui Publishing House who supervised the battle.

The first printing of the first issue of "GOOD" is 50,000 copies, 11 yuan per copy, after all, students have little money, and as far as Lin Zuhui knows, this magazine had a peak sales of 100,000 copies in its previous life, so it is better to be conservative.

Three days later, the phone of Wanhui Publishing House rang non-stop, and the "GOOD" magazine outside was selling like crazy!

Advertisers are calling to discuss advertising booths.

At the same time, Wanhui Publishing House decided to print an additional 20,000 copies in case of emergency.

As the owner of "Gang of Men" and "GOOD" magazine, he has been dubbed as a 'publishing tycoon' by the media, and he has been in the limelight for a while.

20 years old!

Two best-selling magazines in hand!

The annual profit is about 20 million!

Pull oneself up by one’s bootstraps!

The media have dug up all the information of Lin Zuhui, and for a while, Lin Zuhui's foundation has been dug up by everyone.

The partner of Great Wisdom Investment, the military advisor who assists the listing of Gaosheng Real Estate!

The backer behind it is billionaire Wang Qilin!

The media frantically reported on Lin Zuhui, except for not having a photo, other things were dug 'clean'.

Moreover, the citizens of Xiangjiang are very fond of watching this kind of 'history of tycoons', and Lin Zuhui's fame is close to the head of the four major families in a short time. The main thing is that he is too young and self-made, which gives many people room to fantasize.

Public opinion is menacing, Lin Zuhui has no power to resist at all, and can only let those media fabricate it.

......

Early April.

Lin Zuhui's fame was short-lived and approached the head of the four major families, and he immediately made a decision to announce his entry into the New Era Real Estate.

For a while, the media came out again!

"Shocked the 20-year-old chairman of a listed company!"

"The boy doesn't know how thick the sky is, and tens of millions of dollars are lost!"

"The illegitimate son Lin Zuhui has a lot of silver horns and wants to be the chairman of a listed company!"

"The illegitimate son of the Lin Baixing family, he wants to be the chairman of a listed company, and then take revenge on the Lin family!"

All kinds of public opinion came overwhelmingly, pushing Lin Zuhui to the limelight.

Of course, many media also gave high praise:

"Publishing house tycoon, want to be a real estate tycoon!"

"The miracle of starting from scratch, holding two best-selling magazines, and then controlling a listed real estate company with assets of more than 100 million."

......

On the board of directors of New Era Real Estate, Huang Qianheng still sits in the chairman's position, which is the respect that Lin Zuhui gave him.

Of course, this is the only time, not the next one.

Huang Qianheng opened his mouth and said: "Fellow directors, you must also know that this person next to me is the new major shareholder of New Era Real Estate. At present, the company's problems are very serious, turning losses into profits is a top priority, and I admit that I am incompetent and lack of confidence, so I hope to bring in new capital to try to save the new era of real estate. ”

As soon as the words fell, a group of directors showed angry and sad expressions, they looked at the young Lin Zuhui, even if it was very fierce outside, but they were still not enough to believe that a 20-year-old young man could become the chairman of a listed company and lead a real estate company with assets of hundreds of millions of yuan out of the predicament.

Without waiting for the directors to make a difficulty, Lin Zuhui said directly: "There is no situation that can be worse than the current new era real estate!" It can be said unceremoniously that I was originally in the shell business, and at the beginning I planned to reorganize the company's assets, buy, raise, and sell shells, and after a series of operations, I could earn at least 50 million. However, in this case, it is difficult to say the value of the shares in the hands of the directors and shareholders. ”

One of the directors said angrily: "Our company is a pure real estate company, which is different from your operation Paramount!" ”

"In fact, it is better to operate, there is no need to do asset stripping, just sell assets directly and repay bank interest. In the end, there is only a little bit of quality property left to support the status of the listed company, and then slowly look for new buyers. ”

Lin Zuhui's words make it impossible for everyone to refute, he is now a major shareholder, with a stake of up to 40%, and they are just small shareholders who can be slaughtered by others.

One director asked, "What does the chairman mean now?" ”

Convinced!

Lin Zuhui did not make a score, but said: "I am already preparing the company's asset reorganization plan, and the general plan is: reduce the original par value of the shares from 1 yuan to 0.5 yuan to offset the loss, and then inject new funds in exchange for the issuance of warrants to pay off debts..... Paying the bill, the new capital will use 40 million real money to inject real estate into the new era. ”

Lin Zuhui's words immediately shocked everyone, this asset restructuring plan is simply too beneficial to New Era Real Estate!

Although everyone's shares will be diluted, at least the company's assets will increase, and the company will survive; To sum up, New Era Real Estate needs to take a 40 million fund to save.

Soon, everyone had no peep at Lin Zuhui, and elected Lin Zuhui as chairman and general manager at the meeting.

Lin Zuhui also suggested that Gao Yi serve as the assistant to the general manager, and everyone passed smoothly.

Since then, Lin Zuhui has barely mastered the company on the verge of liquidation of New Era Real Estate, but the subsequent asset reorganization is not so simple. Fortunately, Lin Zuhui has his own trusted team - great wisdom, and Wang Qilin is his own backing, with Lin Zuhui's ability, there is no problem.