Chapter 486: Auction, Backdoor Listing

“…… Allow me to repeat the rules of this auction once again. This auction will be paid by personal credit, which is commonly known as credit, after all, it is impossible for everyone to bring too much cash with them when they go out. After the cruise ship docks, everyone only needs to settle the settlement within the specified time. Therefore, please think carefully before bidding, and decide based on the amount of liquidity in everyone's hands......" The auctioneer reminded very intimately, and everyone let out a burst of good-natured laughter.

The auctioneer considered to give everyone face, which was very tactful. In fact, to put it bluntly: how much money you have, how big things you do, don't pretend to be forced, otherwise it is a small matter to not pay the money, and the loss of reputation is a big thing.

For many businessmen, credibility is the foundation, and if the credibility is gone, they basically have no chance with big businessmen.

Luo Yin nodded slightly, he had guessed before that the auction would most likely be such a credit game.

After all, there is no way to transfer money from the bank now, and people don't carry too much cash with them. So credit is a good way to do it.

All of you are members of the Red Pearl Club, and your reputation is still very secure.

"Then here's our first lot......" Several beautiful female staff members walked over pushing a small cart covered with a red cloth, and the contents were upright, about the size of two palms.

The auctioneer didn't sell it, and he lifted the red cloth, revealing an item as blood-red as a tree branch.

"Wow!" Quite a few people let out exclamations, especially some women, whose eyes began to glow.

"Red coral! Top Red Coral! Beautiful! "They are all people who have seen the world, and some people subconsciously admired.

"That's right, it's the best red coral! Since everyone knows each other, it's no nonsense. This piece of red coral has a total of 355 grams, and the starting price is 500,000! Whether it's processed into ornaments or just collected, it's something worth it......" said the auctioneer.

"Is that coral? Or top coral! The brunette and brown-haired woman had already put down their utensils, and they looked at the things in the stands with some obsession.

They were a little far away, but the red coral still gave off an intoxicating glow in the light of the fire.

No girl can say no to this kind of thing. Luo Yin's dragon bloodline made him like these things too, but Luo Yin didn't have any expression on his face.

If nothing else, coral? I'm sorry, but there are a lot of these things, all of which were given to him by Queen Naga Chige.

Luo Yin didn't know much about corals, which were generally in the deep sea of a hundred to a few thousand meters.

Coral is one of the top three organic gemstones, along with pearls and amber. In general, the darker the coral, the more expensive it is.

Of course, this is not absolute, and some light-colored corals are not cheap either. It can be simply and crudely understood that as long as you feel good-looking, it must not be cheap.

For example, this red coral is even known as the deep sea

"Red Gold". Based on the current starting price of this piece of red coral, 355 grams, 500,000 yuan, which is equivalent to more than 1,000 per gram.

And the price of gold here is only 1,000 per gram. You can imagine the preciousness of the top red coral, and this is only the starting price, and no one is sure how high the final transaction price will rise.

"Many of the corals that Chi Ge gave me are much more beautiful than this, and I will have a chance to hold an auction when I go back......" Luo Yin thought silently in his heart.

"Six hundred thousand!"

"Six hundred and fifty thousand!"

"Seven hundred thousand!" The bidding for this piece of red coral is fierce, each time it is more than 50,000 yuan, and the number of people competing is also very large.

After all, the starting price of 500,000 yuan is too cheap, and the value of red coral far exceeds the reserve price. Just three minutes later, the price was already a million.

Both the brunette and the brown-haired woman, who had never seen such a scene before, were a little dumbfounded. The reserve price of 500,000 has already made them incredible.

Now it's even a million! A million! They don't necessarily make that much money in their lifetime!

And they buy a small thing of more than three hundred grams...... Is this high society? Of course, not only the two women, but also the other female or male companions who were brought to participate in this kind of event for the first time were so shocked in their hearts.

A million, if you go to build a building, or build a ship, they can understand, but buy such a small thing, they really can't understand.

Many people feel that the door to a new world is opening to them......

"One million three hundred thousand for the first time, one million for the second time, one million for the third time! Deal! Let's congratulate ......" In the end, after five minutes of fierce bidding, this piece of red coral was bought by an old man about sixty years old for 1.3 million.

Converted, this gram of red coral is worth more than 3,000. In fact, there are still some small flaws on this red coral, even if it is not made into jewelry, just an ornament, it has to be processed a little to remove this flaw.

If it weren't for this small flaw, the price would have been completely higher, and there had been a record of more than 5,000 pieces per gram of red coral.

The first auction item got off to a good start, and everyone's emotions were mobilized.

The auctioneer exclaimed, "We have a second lot!" "The staff took the stage this time with a contract.

"This is a debt transfer contract of 1 million yuan of Haoding Company, with an annualized interest rate of 50%, and the principal and interest will be repaid after three years, a total of 3.5 million. In other words, you can earn 2.5 million in three years! But it should be noted that there is a certain risk here, if Haoding Company goes bankrupt during this time, it may not even be able to get back the principal......" Hearing the auctioneer's words, everyone at the scene whispered.

Luo Yin was a little surprised, it was the first time he had seen an auction debt. According to the laws of the Case Empire, an annualized interest rate of more than 50% can be called usury and is not protected by law.

And 50% and below are legal. In other words, the contract is protected by law...... Seems interesting!

At this time, someone who didn't know much about Haoding Company asked: "Why did this creditor sell this debt, is this company no longer good?" Hearing this, the auctioneer explained with a smile: "Some people may not know much about Haoding Company, let me briefly introduce to you, this company is currently developing very smoothly and has a bright future, but they are burdened with relatively high debts." If it can be successfully listed, it will be able to repay all these with interest, and if it falls before the listing, it may not even be able to repay the principal...... And this creditor is also very optimistic about this company, but he lacks liquidity in other businesses, so he can only auction this debt......" The auctioneer's explanation has won the approval of many people, because some people here know Haoding Company very well, and even there are creditors of Haoding Company, so they know the situation of this company.

Seeing that everyone had no doubts, the auctioneer said: "The starting price of this lot is 1 million!" Once again, I solemnly remind everyone that the transfer of debt is risky, and it can make a lot of money, or it can lose all your money! Everyone needs to be cautious! "As soon as the auctioneer shouted, someone was bidding.

However, compared to red coral, there are not many people who bid this time. Only those who know about Haoding Company and are optimistic about it will ask for a price.

Other people who don't understand or are not optimistic about it will naturally not spend this money. But there are fewer bidders, but the competition is fierce.

These people are optimistic about Haoding Company, in other words, in their eyes, they will be able to earn 2.5 million in three years, so when they add up the price, it is also very arrogant.

In the end, the debt transfer contract was closed at a price of 2 million. According to this interest rate, if there is no problem in the middle, you can still earn 1.5 million, blood earnings.

If something goes wrong, then with the means of these people, there is a high probability that they will be able to get the capital back.

If something really goes wrong, you can only consider yourself unlucky. It's the equivalent of a gamble, but they think they have a better chance of winning.

"Then came the third lot, which was a share of a listed company...... "Whoop - hearing that it was the shares of a listed company, everyone was a little bit of a talker.

In most cases, listed companies are relatively powerful companies, not to mention the specific profitability, just say that the company itself must be very valuable.

Because if the company fails, it will be ordered to delist. But then again, if the company's situation is better, why should it be auctioned here?

There is no shortage of buyers for the shares of good companies. Unless......

"Haha, it seems that some people have already thought of it. Then I won't sell it, this company is called Hengyun ......" After hearing this name, some people showed such expressions, while others had a sudden expression.

Of course, there are also people who look dazed. There are so many companies in the world, and it is impossible for every one of them to know about them.

The auctioneer continued: "Hengyun is a trading company with a history of more than ten years, but it has been going downhill since five years ago, and now the stock price has fallen below the bottom, and if nothing else, it will be forced to delist in a month." Their shareholders bought back 90% of their shares and prepared to sell the company in a package. This is not the company itself, but the shell of this listed company......" he explained, and those who don't understand probably understand.

In the Case Empire, it is not difficult to say that it is difficult to get a company to go public, but it is not easy to say. If your company has a strong hard power, it can go public in a very short time.

But if you are a little weaker, even a little short, you may be prepared to not be able to go public for several years.

The advantages of listed companies are many, and the biggest advantage is that they can raise funds on a large scale in the securities market, so as to promote the rapid growth of the company's scale.

Therefore, those companies that have a certain strength but cannot be listed temporarily will use acquisitions, asset replacement, etc. to obtain a controlling stake in a listed company, and then the company can raise funds by issuing additional shares of the listed company, so as to achieve the purpose of listing.

This is commonly known as a backdoor listing. What Hengyun Company sells is the qualification of a listed company, which is it

Shell. This method has come out in the last year, and some people still don't understand this routine. Now that I understand the situation of this company, those who don't know much about it have shown interest.

If you go public by yourself and get a listed company, it seems to be very profitable! However, the auctioneer's next words dispelled most people's thoughts.

"The starting price of 90% of Hengyun Company's shares, 10 million!" The starting price of 10 million directly persuaded the vast majority of people to quit, and those who wanted to compete for a listed company also looked embarrassed.

Good guys, the starting price of 10 million is too expensive! No wonder those who know nothing say anything - it's not that they don't want to buy it, it's that they can't afford it.

After all, the starting price is 10 million, and the transaction price must not be tens of millions or even hundreds of millions? For a while, no one was bidding.

Luo Yin touched his chin, his eyes flickering a little. For the qualification of a listed company, the starting price of 10 million is definitely not expensive.

Even if the price is increased to hundreds of millions in the end, it is worth it. Of course, it doesn't mean that you can buy 90% of the shares and go public on the backdoor.

By buying these shares, you only show that you have become the largest shareholder of this company. If you want to go public on the backdoor, you may have to spend a sum of money, which is not something that can be decided in a few words.

But then again, when you become the majority shareholder of this company, you have it yourself

"Shell", if you don't want to go public through the backdoor, you can also put this

"Shells" are then sold to those in need. When you think about it, it's not a loss at all. The only problem now is that the listed company is still a month away from being forced to delist.

If you want to put this

The "shell" is sold to others, and there is a high probability that it will be impossible. This should be the reason why the company's shares are cheap - they can't find a company to take over for a while, if they don't make a move, they can only be forced to delist, so they can't make a penny, and now if they can make a move, they can still get some blood back.

After all, the company does not say that it can be listed if it is listed, and it takes a lot of preparation work, and for many companies, one month is obviously not enough...... Luo Yin speculated that the company should have negotiated with some companies that wanted to go public through backdoor listing, and then something happened that led to the termination of the cooperation.

Seeing that the time is approaching, Hengyun Company can only choose to sell it cheaply and try to see if it can be sold...... In fact, there are many people on the scene who are interested in this

"Shell" is interested. But they thought about it carefully, and without any preparation, a month was too short, and they couldn't go public through a backdoor listing.

It's a pity, if you give it half a year or even three months, they might make a move, and one month is too short.

Of course, if it were that long, it wouldn't be this price...... The auctioneer is a little helpless, no one here is stupid, the thing is a good thing, but it is not needed...... So no one asked for the price, and it was a bit cold.

Just when he thought that this time the auction was going to be lost, suddenly-

"Ten million!" A calm voice came from below. Everyone looked back and found that it was a strange middle-aged man who was bidding.

Many people looked puzzled, and they didn't know who it was. But those who had greeted Longman before were a little surprised.

The person who asked for the price was the investor that Longman introduced to them before! The auctioneer secretly breathed a sigh of relief.

For him, the number of unsold items in his hand will affect the outside world's evaluation of him. Seeing that Luo Yin was the only one bidding, and the others didn't plan to follow, he sped up his speech a little.

"Ten million for the first time!"

"Ten million for the second time!"

"Ten million for the third time, deal!"