Rebirth of the Age of Wealth

Chapter 638 Beating the Gong

After receiving Li Weidong's signal, Chen Jun refilled Li Weidong's tea cup with hot water before walking out. Li Weidong sat on the sofa and casually flipped through the day's newspapers.

Chen Gu and Xiao Jihui were waiting in the lounge outside. Not long after Chen Jun went out, they quickly followed Chen Jun in and saw Li Weidong sitting on the sofa, tapping Erlang's legs and holding a newspaper in his hand.

The two walked over with smiles on their faces. Chen Guxian said: "Chairman, you are busy!"

Based on their understanding of Li Weidong, sitting on the sofa and sitting on the office chair behind the desk are two different states of mind. This is only the case when Li Weidong thinks it is more casual.

"Yes, I'm busy, reading the newspaper and drinking tea!" Li Weidong raised the newspaper in his hand and put it on the table.

Chen Gu didn't feel embarrassed at all. He seemed casual but reserved and sat on the sofa diagonally opposite Li Weidong. Xiao Jihui also sat next to him.

After Xiao Jihui sat down, he smiled and complimented: "I remember when I first followed you, you said that if you don't read newspapers and grasp the policy guidance when doing business in China, you will definitely not do well in business. You also said that you can make a lot of money.

Opportunities are all in the newspapers, let us read more newspapers!"

"Since then, I have insisted on reading newspapers every day. I have subscribed to a lot of various newspapers. I am just a bit dull and I have not found any way to make money, but I have avoided a lot of pitfalls!"

"Of course, you can sell oil, salt, sauce, vinegar, needles and thread at your level. You still want to imitate our chairman. I think you should stop cooking as soon as possible and save money!" Chen Gu looked at Xiao Jihui and said jokingly.

Still compliment Li Weidong.

Chen Jun smiled and poured a cup of tea for each of them and put it on the table. The two bosses smiled politely at him, but still did not stop talking.

"Mr. Chen is right. As for the chairman, I can only stop at Jing Xingxing. However, we sell oil, salt, soy sauce, vinegar, needles, threads and brains, and we have sold nearly 10 billion a year, and this year may be more than that!" Xiao Jihui said immodestly!

said.

"What is Jing Xingzhi?" Chen Gu was a little unfamiliar with this word, but he also knew that it was flattery, so he continued: "You must be so respectful to the chairman!"

"Mr. Chen, let me explain to you, what Jing Xingxingzhi means...!" Xiao Jihui explained.

Chen Jun had not left yet. He was looking at the two bosses with a net worth of hundreds of millions playing tricks here. He wanted to laugh but didn't dare to laugh. It is estimated that this scene is not easy to see outside.

Li Weidong shook his head and interrupted Xiao Jihui's words, and then said: "Don't be poor, why did you two meet together? Let's talk about something!"

Chen Gu said first: "Chairman, that's what happened. Years ago, I told you that we would increase investment in commercial real estate and shopping malls and shopping plazas this year!"

"When I was summing up at the end of the year, I discussed with Lao Xiao and said that we should cooperate. We would build a shopping mall and leave a place for him to open a supermarket after it is completed!"

"Lao Xiao also agreed. In the past six months, his Wanjia Shopping Mall has also cooperated with several shopping malls we have built. It can be said that he has made a lot of money. But who knows that this person is not satisfied yet, and...

!”

Xiao Jihui retorted: "Mr. Chen, you can't say that. I have learned that since our Wanjia Mall moved into New World Plaza, your foot traffic has been greater than before. It is said that the rent will rise several points this year, and the turnover

Can it grow a lot?"

"Then you can't take our shares?" Chen Gu was piqued. Judging from the several shopping malls he is currently cooperating with, the turnover has indeed increased.

"I don't want your shares. We are cooperating. We pay for it, and we don't hold more than 15% of the shares. That's just giving you money!" Xiao Jihui explained.

"That's nice to say. I think you just don't want to pay the rent, and you want to make some money back. As expected of a planner, you are so smart!" Chen Gu said. Xiao Jihui had worked in a state-owned department store for more than ten years, and it was indeed true.

Using an abacus to settle accounts, Chen Gu was right.

Of course, this is indeed Xiao Jihui's idea, and it is somewhat unreasonable. However, we are brother companies and have the same major shareholder. If we cooperate, it will be good for everyone to make money, so why should we divide it so clearly?

In fact, the main reason is that Xiao Jihui studied the business model of shopping malls and discovered big problems. The payback speed is very fast. According to current estimates, some projects can pay back their investment in six or seven years after completion.

But he has to pay rent every year, and this rent will rise higher and higher year by year with the development of the economy. When compared like this, the gap appears.

He thought, since you are engaged in commercial real estate, you still need bank loans, and you also bear risks, so why not cooperate with us, you build a shopping mall, and I invest, and the income should not be too high, as long as it is about the same as the rent.

This means that he can pay several years of rent at once, increase the company's assets, have good financial statements, and recoup the cost in a few years. Doesn't it mean that he is renting for free?

He wanted to cooperate, but Chen Gu was unwilling. Of course, the most important thing was that Anxia Real Estate had no shortage of cash flow and the bank was willing to give them a loan. Naturally, he did not want to agree for the sake of long-term profits.

The two talked several times, but they couldn't come to an agreement, and finally nothing came to an end. Today, they were busy talking, and the two had a conflict, and they couldn't help but say a few more words in front of Li Weidong. Of course, they also asked Li Weidong to give them some advice.

It means to end the lawsuit.

Both of them are veterans of the company, with very senior qualifications and large businesses. The company's business department has very subtle constraints on them, and they dare not make this decision for them.

The attitude of the business department is very clear. As long as you two have reached an agreement, you can just take care of it yourself. It is best not to involve us. We will look at your financial situation and operating conditions.

Of course, Xiao Jihui and Chen Gu didn't expect their so-called superior departments to support them. First, the business department didn't have that prestige. Second, they weren't rare either, which was embarrassing.

Li Weidong looked at the two people and asked doubtfully: "Is this why you two came here?"

The two shook their heads at the same time, then looked at each other and said in unison: "What a coincidence!"

Li Weidong nodded. If this was really the case, he could ask his secretary to chase him away. Li Weidong was happy to accompany him during a casual chat, but chatting about such a small matter was not allowed.

Xiao Jihui made a gesture of invitation and said with a smile: "Chairman Chen's matters are more important. Chairman Chen will report first?"

Chen Gu rolled his eyes and said with a smile: "The elder comes first, Chairman Xiao should speak first!"

Xiao Jihui smiled and said politely: "Everything has its own priorities. How can we prioritize things based on age?"

Li Weidong didn't say anything. He directly picked up the newspaper on the table and continued to read. There was really good news in it. The report said that the capital had successfully advanced and was one of the five cities qualified to bid for the 2008 Summer Olympics. The bid for the Olympics had taken another step forward.

The comments are all positive, saying that China will win!

Li Weidong believes this, not because he knows it, but because such international events rely on influence and must also be balanced.

Is it true that such a big country has never hosted the Olympic Games? How can the Olympic Committee expand its influence in China? Even if it is China's turn, it is China's turn.

And ten years ago, the capital city lost to Sydney by a few votes. Although I am not convinced, the blow was still quite big. This time I must take measures well. If it fails again, the impact will be too bad.

Xiao Jihui just saw the headline of the newspaper Li Weidong put on the table, and he happened to see this newspaper when he was in the lounge just now, so he naturally knew what Li Weidong was reading.

At this time, Xiao Jihui saw that Li Weidong ignored their humility, so he said: "We should be inseparable from our bid to host the Olympics this time!"

"It's necessary. Now the Beijing Real Estate Company is gearing up and preparing for a big fight. Get the land now. Once the news of the successful bid comes out next year, the land price will definitely rise a lot!" Chen Gu said with high spirits.

Chen Gu never strays from his profession, and his company is about to receive a large amount of capital, which makes him somewhat proud.

Anxia Real Estate's application for listing has been submitted to the meeting and approved under the operation of many parties. Under normal circumstances, it can get the approval in one month, and it can basically be listed in another month.

In other words, within two months, after nearly ten months of preparation, the company will be listed, and the funds raised will be transferred to the company's account for them to acquire land to expand their business.

He came here today to tell Li Weidong the good news. Of course, this was not what he came to Li Weidong for originally, but he did not expect that before coming again, insiders told him that it would be approved later.

Then Chen Gu stopped being modest like Xiao Jihui and told Li Weidong directly, "Chairman, according to internal news, our Anxia Real Estate IPO has passed the meeting and will be announced in the next two days!"

After Li Weidong heard this, he put the newspaper on the coffee table again. Sure enough, the content in the newspaper was about the bid to host the Olympics.

The listing of the company should be considered a happy thing for Li Weidong, but it does not bring much surprise to him. He just has another listed company under his name.

"It's pretty fast, which is a good thing!" Li Weidong nodded and said with a smile on his face.

It took eight months from the beginning of preparation to the meeting. For the regulatory authorities, the efficiency was already very high. Under normal circumstances, it would take about a year, or even several years.

"Our financial data and operating conditions in the past few years have been very formal, and Mr. Yu from Wanguo Securities was very considerate. He teamed up with Shenyin Securities to be our sponsor and sent a very professional team."

“The prospectus is perfectly done, there is basically nothing that needs to be modified, and it saves a lot of unnecessary time in back-and-forth modifications!”

"Of course, the main thing is your face. If you weren't here, they would definitely find faults and find trouble everywhere!" Chen Gu complimented with a smile.

The financial data of the companies invested by Li Weidong, no matter how big or small, are very formal. Even if they are not listed companies, they will be audited by professional accounting firms every quarter.

Usually it is just for the company to check the accounts and supervise the operation status, but when it comes to listing, it is reflected. Even if you change to another auditing company, you can't find any faults. Some data can be used directly.

As for other corporate governance and internal control matters, they have been carried out at the company's request, so this greatly shortened the coaching period.

In addition, the major shareholder is Xinsheng Holdings, and the joint sponsor company is the largest securities company in the country. Various opportunities and relationships interact with each other, and it is difficult not to think quickly.

"According to the preliminary estimates of Wanguo and Shenyin, the price of this issuance of shares will be between 16 and 20. It is conservatively estimated that the funds raised will be at least 500 million. The market value of the company after the issuance will be around 6 billion. Of course, the final

You have to decide the price!" Chen Gu said excitedly.

He is also the company's major shareholder, owning 13% of the company's shares. Even if his shares are diluted by the issuance of new shares on the market, his net worth will be over five or six billion after the listing. If it expands further, it will not be difficult to exceed one billion.

Thinking about this, Chen Gu felt excited, and he was glad that he had taken the initiative to strike up a conversation with Li Weidong to do business. Otherwise, he would not be where he is today, and who would know Chen Gu!

Xiao Jihui was even more emotional as he listened. In recent years, the country has been developing and vigorously developing the real estate industry to drive economic growth. Therefore, real estate companies have advantages in going public. They just need to work harder.

But the department store retail industry did not have such luck. The country relaxed restrictions on department store retail, and foreign supermarket giants invaded on a large scale and started price wars everywhere. There were complaints everywhere, and profit margins were reduced year by year. Listings were serious.

It's too difficult, the best way is to borrow money.

At this time, there happened to be a suitable company. This was the main purpose of his visit to Li Weidong this time. Who would have thought that Anxia Real Estate would be approved for listing at this time. If he had known about it earlier, he would have told Li Weidong earlier.

Otherwise, a serious listing will raise funds directly into the company's account to supplement the company's cash flow; a backdoor listing will require a large amount of cash to purchase shell resources.

One is making money, the other is spending money, and there is a clear distinction between superior and inferior. Chen Gu will probably ridicule him again, but if Xiao Jihui wants to go public, he cannot miss this opportunity.

Li Weidong always felt like there was a drama when he heard that Wanguo and Shenyin Securities were acting as sponsors for Anxia Real Estate. In his previous life, these two companies were now one company, and Shenyin & Wanguo was also famous.

It's just that the possibility of merging these two companies again in this life is probably slim. Even if a merger occurs, the name should probably be called Wanguo Shenyin.

Joint sponsorship is also a helpless move. The actual controller of Wanguo Securities is Li Weidong, and the actual controller of Anxia Real Estate is also Li Weidong. According to the requirements of the regulatory authorities, it must jointly sponsor an unrelated sponsor agency. Naturally, Wanguo has to choose a suitable one.

, this first securities company established in China became a cooperation partner.

"Listen to them, Yu Yuan is professional and will definitely give you a reasonable price. I won't ask any questions!" Li Weidong picked up the teacup and said with a smile.

"How can that be done? You are the company's major shareholder, and we still expect to go to Shanghai with you to beat gongs?" Chen Gu said in surprise.

(End of chapter)