Chapter 203 203 [Harsh Conditions]
The plan states that the Li family will return the 14.7% equity of Hongpu Real Estate Company held by Luo Qihong, which means returning 70% of the equity, but the Li family will still Spend 30 million yuan to acquire 6.3% of the equity of Hongpu Real Estate Company held by Luo Qihong.
The shareholding plan of the new company Dehong Investment is as previously agreed, with the Li family holding 90% of the shares and Luo Qihong holding 10%.
Dehong Investment Company raised 10 million yuan, the Li family contributed 9 million yuan, and Luo Qihong contributed 1 million yuan. Dehong Investment will hold 34.9% of the equity of Hongpu Real Estate Company, of which Li The Shi family contributed 31.41% of the shares, and Luo Qihong contributed 3.49% of the shares.
This plan has been slightly changed, rejecting part of the previously negotiated plan for Hongpu Real Estate Company to issue 34.9% of the equity, which is naturally more beneficial to the Li family.
The Li family can pay Luo Qihong 70 million yuan less in cash to reduce the family's liabilities. They can even take the opportunity to sell some Hongpu Real Estate Company shares to withdraw funds and obtain profits from other investment projects.
But it is not a good thing for Luo Qihong, because the 100 million yuan he received was gone. Even if he sells those stocks in the stock market, Luo Qihong will take some time to get back the 100 million yuan.
"The plan is good, but most of the benefits in it go into your pockets. It's better for me to take the 100 million yuan that belongs to me." Luo Qihong looked at Li Bingjun and said with a half-smile.
"Don't worry, Luo Sheng! Although the raising of the stock price is not mentioned in it, we can sign another agreement privately to raise the stock price of Hongpu Real Estate Company to what level within a certain period of time. If the price cannot rise, we will make up for the 100 million yuan gap caused by Luosheng." Li Bingjun continued, "This is very beneficial to Luosheng. To put it bluntly, it is giving Luosheng 3.49% of Hongpu. Real estate company shares. "
"Miss Li is really eloquent. She is obviously the most beneficial to you, but she said that I took advantage of it. I didn't get this 3.49% stake for nothing. , and it is Zhaoan Real Estate Company that has made great efforts to raise the stock price. Without the support of Zhaoan Real Estate, I think you will have more headaches," Luo Qihong directly cut through the layer of paper and said without concealment.
Li Bingjun countered, "The market value of 3.49% of the equity is 15 million yuan. We can't give such a large amount of money to Luo Sheng. This plan is indeed more beneficial to us, but Luo Sheng can also get enough benefits. This is a win-win solution. "
Luo Qihong suddenly found Li Bingjun very attractive at that moment, exuding the unique light of a strong woman in the workplace, which made him want to kiss Fangze, but he recalled Li Bingjun's. With his background and ability, he was still at the brink.
"Okay, I don't want these shares to be in vain. I agree to this plan." Luo Qihong nodded and said.
"OK! Then we will go to the lawyer's office to sign the contract later." Li Bingjun said.
"Wait, I still have something to ask." Luo Qihong smiled and said, "It's very simple. I don't need the balance, but I don't want to take out the money that has been paid and transfer it around. It’s too troublesome. It’s better to cut the equity to you directly at the original price.”
Li Bingjun frowned slightly and thought about it for a while. He thought it was feasible and could even help the family earn several million more yuan. "Okay, let's do the deal as Luo Sheng said."
Luo Qihong added, "In the future, Dehong Investment If there is any stock and securities investment, you can leave it to De'an Company. After all, Dehong Investment does not specialize in securities and stock investments. "
De'an Company's current business volume is not large, although it is already medium. scale, but if you want to be influential in the same industry, you need to attract more business. Dehong Investment Company is more or less a piece of meat.
Li Bingjun agreed immediately. These were all trivial matters. There was no need to refute Luo Qihong's intention and make him unhappy.
After the contract was signed, Luo Qihong asked Siu On Real Estate Company to issue good news that it would cooperate with Hongpu Real Estate Company to develop projects and invest in Hongpu Real Estate Company that day. At the same time, the market spread that Siu On Real Estate Company would sell Central Half of the interest in Anleuan Building is given to Hongpu Real Estate Company.
Such profit concessions make investors believe that Luo Qihong is ready to invest heavily in Hongpu Real Estate Company, and the stock price of Hongpu Real Estate Company is about to take off.
As a result, investors began to pour into the stock market and snap up shares of Hongpu Real Estate Company. At the close of the day, the stock price rose by more than 12%, and the market value increased by more than 50 million yuan, approaching 500 million yuan. market capitalization mark.
Board of Directors Meeting of Huaguang Real Estate Company
The meeting was still initiated and chaired by Zhao Shizeng. All directors attended the meeting.
Zhao Shizeng looked around for a week, and was a little dissatisfied with the noise in the conference room, and said, "Everyone, our meeting is about to start."
Before the words were spoken, the directors all stopped whispering and looked at Zhao Shizeng. It can be seen that Zhao Shizeng's prestige in the board of directors is not low, which may be the reason why Zhao Shizeng has been in charge of Huaguang Real Estate Company for many years.
"Dear directors, you all have a detailed report on the company's profit in 2081. I won't go into details about this. The company's overall profit last year was more than 163 million yuan. The net profit 148 million yuan.”
“Considering the project development and operating costs this year, I plan to use 100 million yuan as dividends. Let’s vote.”
Zhao Shizeng said with both hands. He crossed his fingers on the table, and there was a lot of domineering look between his eyebrows. It seemed that he was just asking a routine question, without giving the directors a chance to refute.
Seeing that many directors raised their hands in favor, Zhao Shizeng smiled slightly and said, "Okay, unanimous vote! Don't worry, the company still has a lot of land that can be developed, and the profit this year is expected to be no less than 120 million. Ten million yuan.”
"Why is it more than 40 million yuan lower than last year? I think everyone has some predictions about this year's local market. This year's market will definitely not be as good as last year's, so profits will be reduced, which is inevitable."< br>
"If you have any doubts, you can ask Mr. Luo Qihong, an upstart in the real estate industry, to explain it to you."
Of course Zhao Shizeng can explain it. Pulling Luo Qihong out will more appease people and prove that his statement is not correct. There were errors and attempts to increase prestige.
Luo Qihong's tough style in the real estate industry has been heard by the directors for a long time. Even Luo Qihong is convinced, so the directors should be convinced too. Luo Qihong understood Zhao Shizeng's plan and had no objection because Zhao Shizeng's approach was beneficial to him and in line with the implementation of his plan.
Noticing the directors' glances, Luo Qihong knew there was no room for rejection, "I very much agree with what Zhao Sheng said. According to my personal judgment, the city in 1982 will be worse than the city in 1981. But the overall situation is pretty good, but the profit will be slightly reduced, which is still good for the company.”
“I think the local market will become more and more difficult in recent years, and land development still needs to be arranged as soon as possible so that all directors can be happy. It can pay more dividends."
He has selfish motives. As long as Huaguang Real Estate Company vigorously develops its land and builds commercial buildings and residential buildings, it will inevitably have to borrow money from banks and carry a heavy burden, which will give him a lot of money in the future. Making a move offers a greater chance.
Then Zhao Shizeng revealed the news that De'an Securities Investment Company helped make a profit of 20 million yuan from the acquisition of Weidong Real Estate Company.
"Luo Sheng is really sharp. He is worthy of being a hero in the real estate and investment circles. He made a profit of 20 million yuan in just 2 months."
"We are very relieved that Zhao Sheng and Luo Sheng are making money for the company. We will need to rely on them more in the future."
The directors praised Luo Qihong, as if they were shameless.
Luo Qihong quickly said something modest. He knew that these directors were very snobbish. If they could help them make money, of course they would be nice and flatter you. If they lost money, the words they would say would be worse than scolding you.
However, Luo Qihong still needs their support for the time being, especially those who need to take control of the board of directors of Huaguang Real Estate Company to lay the foundation for future ownership.
“I also plan to sell part of the properties in exchange for further development funds for the company. De’an Securities Investment Company will be responsible for the investment. If we can make a 60% profit, it will be great for the company. By next year You can get more dividends," Zhao Shizeng suggested and explained.
Obviously, this 100 million yuan of dividend funds was originally included in the development plan, but now it is used as dividends by Zhao Shizeng, so naturally this fund must be raised from elsewhere to fill the hole.
At this time, the directors looked at each other, obviously not agreeing with Zhao Shizeng's proposal.
Luo Qihong didn’t want to be the first person, but unfortunately the ‘traitor’ arranged by Zhao Shizeng began to speak out and was the first to agree with Zhao Shizeng’s proposal.
Luo Qihong was worried that the directors would turn to Zhao Shizeng, so he spoke without any gaps, "Zhao Sheng, I don't think the stock market is very good today. Weidong Real Estate Company's acquisitions don't happen very often. It's hard to say that it will always be the case." There will be profits, so there is no need to sell the company's properties to invest in the stock market."
After seeing Luo Qihong's objection, Zhao Shizeng suddenly had a headache when other directors turned to Luo Qihong. He knew that Luo Qihong was not so easy to fool. Yes, with Luo Qihong as the leader, this group of directors will definitely be much bolder.
"Luo Sheng, I also know that this is the case, but the current prefecture and city are not as good as last year. I also want to find another way for the company to make money. By the end of the year, the directors will all benefit." Zhao Shizeng said quibly.
"De'an Company has 100 million yuan of funds from Huaguang Real Estate Company, plus 20 million yuan of profit, a total of 120 million yuan, which is already a large amount, and can be leveraged There is no need to increase the amount of investment in most investment projects," Luo Qihong continued to retort.
In addition to the discussions and disagreements of the directors, Zhao Shizeng’s second proposal was rejected by Luo Qihong. However, Luo Qihong took the lead in approving the next several small proposals, which made Zhao Shizeng feel depressed. It dissipates a lot, otherwise Luo Qihong is worried that Zhao Shizeng will wear small shoes for him in the future.
In the office
Zhao Shizeng seemed to have forgotten that Luo Qihong took the lead in opposing him just now, and entertained Luo Qihong with a friendly look.
"What do Luo Sheng think of the Zhang Zhushan family, the largest shareholder of Wheelock Company, and John Madden, the second largest shareholder and operator?"
Hearing this, Luo Qihong looked at Zhao Shizeng in confusion, unable to read Zhao Shizeng. What do you mean?
But Zhao Shizeng did not explain the meaning of the question and said with a smile, "My father attaches great importance to the shipping industry, and the current situation in Hong Kong is not optimistic. If it is taken over, my father is worried that it will be like the situation in 49 or 50 years. , so now I hope to continue to reduce the shares of Huaguang Real Estate Company.”
Suddenly, Luo Qihong understood what Zhao Shizeng meant. He wanted to give up the position of the major shareholder of Huaguang Real Estate Company, but he still had to hold the management rights. In the hands of the Zhao family.
Although there is not much difference from his current position as the second largest shareholder, Luo Qihong can lay a railway or even an airport for the future, and Huaguang Real Estate Company can become his bag.
"How much does Zhao Sheng's family plan to reduce its holdings? How much does it want me to increase its holdings?" Luo Qihong asked, suppressing the excitement in his heart.
Zhao Shizeng smiled slightly and said, "Don't worry, Luo Sheng! We have conditions. Luo Sheng might as well decide after hearing it."
Seeing Luo Qihong nodded, Zhao Shizeng continued, "Conditions Yes, all the shares held by Luo Sheng can only support my family's business, Huaguang Real Estate Company, and are not allowed to support others, including Luo Sheng himself. Moreover, the shares taken over by Luo Sheng must be acquired at a premium of 50% based on the current stock price. "
"Considering that Luo Sheng holds 12% of the shares, my family plans to sell 20% of the shares to you, but my family will buy back the shares from the stock market afterwards, about 10%. The stock holdings will not be less than 15%.”
“If my family divests from Xiangjiang, the operating rights of Huaguang Real Estate Company will be returned to Luo Sheng, but Luo Sheng needs to transfer about 20% every year. The company distributes dividends to my family.”
These conditions were quite harsh, and they even wanted to take away the dividends. In other words, Luo Qihong only got a vague promise, and the Zhao Congyan family took away all the benefits.
(End of this chapter)