Rebirth of the Age of Wealth

Chapter 640 Bottom Line

After Xiao Jihui finished speaking, he looked at Li Weidong expectantly, trying to see a trace of emotion on his face.

Of course, what I want to see most is Li Weidong nodding. This is his signature move. As long as he agrees with something, he will definitely nod first and then speak.

Whenever they see Li Weidong nodding, subordinates like them will feel much more relaxed.

At the beginning of the year, Li Weidong expressed support for the listing of the companies he invested and controlled. Not only Anxia Real Estate sought to be listed, but many companies also did the same.

Wanjia Mall also hopes to go public. There are many benefits to going public. First, it can raise funds at almost no cost to support the company's rapid expansion.

And although the current retail industry has grown significantly as people's income levels have increased, it still has to face challenges from foreign retail giants.

China's accession to the WTO has become a foregone conclusion. Many markets have begun to open up to the outside world, or have intensified their efforts to open up. The opening up of the retail industry has once again expanded, and the expansion of foreign retail giants has accelerated.

Especially in first-tier cities, Wanjia Shopping Mall has been competing head-to-head with several foreign giants.

The management level is worse than others. After all, those giants of others have accumulated decades or even hundreds of years. It is impossible to surpass them by accumulating in a short period of time.

Moreover, the price war was fierce. Sometimes when looking at the dismal profits of certain stores, Xiao Jihui was so worried that he almost scratched out his few remaining hairs.

If other regions had not been able to maintain sustained growth, he would never have thought about such a day. It would be great if there was a large amount of cash flow at this time.

Of course, he can ask for help from Li Weidong and plead with Li Weidong to continue to inject capital, or he can find banks for turnover. After all, there are many banks that want to lend them money, but these are not as comfortable as free money, and they can continue to use various means. Continuously raise funds from the capital market.

Secondly, it can also improve the company's reputation. After all, China is still relatively new to things like going public. Many Chinese people believe from the bottom of their hearts that as long as a company is listed, it must be a good company, a first-class company, and a trustworthy company.

On the contrary, companies that are not listed are naturally not very formal and not very good. They are in the second echelon at most and are naturally not as good as listed companies.

Although this is not the case, for example, Zheng Baiwen was able to go public entirely due to policy support and financial fraud, but consumers don't think so, and there is nothing he can do.

Therefore, if the listing is successful, it will also greatly improve the company's image, and at least it can compete with foreign retail giants in terms of momentum.

Of course, the main reason is that the company has many small shareholders and they are eager to go public.

When the company was founded, Li Weidong only acted as an investor and asked Xiao Jihui to manage the company, and asked him to develop 20 large-scale and profitable shopping malls within a period of time, and he would be given 20% of the equity.

In order to obtain this equity, Xiao Jihui worked hard, but after working for half a year, he realized that this task was too difficult.

But then I figured it out, people can't be too greedy, they have to make the cake bigger before they can eat more.

At that time, he used the routine given to him by Li Weidong to deal with others, and soon gathered a large number of experienced, experienced and capable comrades to start a business together.

Sure enough, in this society, only the power of capital is great. Enterprises are getting bigger and bigger, and their teams are getting bigger and bigger.

So now in the entire company, there are hundreds of executives and store managers who have shares, some more, some less, and some even only have shares in a certain shopping mall.

No matter how many shares these people hold, it cannot be denied that they are shareholders. If calculated based on the current company's assets, the value of many people's shares has exceeded tens of millions.

Although these shares can be traded, everyone knows that shares of unlisted companies are worthless, the buyer's market is too small, and sellers have no bargaining power.

So now these shares can only be used as dividend certificates, and it is not appropriate to trade them, nor willing to part with them.

The company is now in the stage of outward expansion. The major shareholders have no requirements for dividends. The management naturally wants to retain sufficient capital and make the cake bigger, so the proportion and amount of dividends will definitely not be too much.

Once listed, the situation will be different. The value of these stocks will definitely increase a lot. When the time comes, you can keep the dividends, sell them on the secondary market, or pledge them freely.

Therefore, the main driving force for Wanjia Mall to go public now is not driven by major shareholders and investors like other companies, but by the company's management.

Since the beginning of this year, when the company decided to prepare for the listing, every time Xiao Jihui visited a place, the person in charge of the local shopping mall would always ask him with hope like he does now, when will the company go public?

This made him feel helpless, and he also thought, after all, he had the largest shareholdings except Li Weidong, so listing would definitely be a good thing for him.

But the regulatory authorities are also owned by him, so how can he go public whenever he wants?

The big boss does have this influence, but the boss has no desires or desires, or in other words, he has no desires or desires for their small company and is not active at all.

Li Weidong held the tea cup in his hand and thought deeply. In his previous life, Sanlian was able to reorganize Zheng Baiwen, and there was not much trouble afterwards. This also shows that there should be no problem with the reorganization.

But this kind of reorganization will definitely be accompanied by a lot of right and wrong, especially the departments Xiao Jihui just mentioned, none of which are easy to deal with.

Not to mention Zheng Baiwen's major shareholder Baiwen Group, standing behind him is the Zhengzhou Municipal Government. In the future, whenever doing business in Zhengzhou or Henan Province, he will definitely not be able to avoid it.

Not to mention Cinda Asset, a company that specializes in handling bad debts, is simply an official debt collection company. The backend is too hard. Although there is a repayment rate for bad debts, they will definitely ask for as much as they can.

There is also the last securities regulatory department. As long as it is a listed company, it is impossible to bypass it. Even if the listing is successful, it can still control you and finish you in just one sentence.

Transactions with these three departments are matters that involve a large amount of funds and great flexibility. If you twist your mouth, the money will come, and it is most likely to cause corruption problems.

This is also the reason for Li Weidong's deep thinking, and probably the reason why Xiao Jihui wants to report to Li Weidong specifically.

Li Weidong is not afraid of dealing with agencies and ministries, but he is afraid of getting involved in some disputes. Disputes are very important, and once he gets involved, there will be no end.

"How much of Cinda's 2 billion debt do you want to get back?" Li Weidong pondered for a while before asking.

"They want half of it, but someone within them said that it would be great to get back one or two. After all, Zheng Baiwen's current assets are not that much even if they are all given to him!"

"I also consulted an investment consulting company, and he also gave us a plan. In their situation, they really won't require a high repayment rate!"

As he spoke, Xiao Jihui took out a document with only a few pages from his document bag and handed it to Li Weidong. This was a plan from the investment company he had found.

When you come to the big boss to report work, you can't do nothing, and rush over to report to the boss when your brain gets hot. This is neither organized nor effective.

Now he has spent money to find an investment consulting company with strength and background, and the key is to be able to contact these parties, and come up with a plan that can be accepted by all parties.

Choosing a good investment consulting company will not only save you trouble, but also increase the probability of success.

This is also the basis for an investment advisory company to establish itself. If you are not familiar with all parties and have no background and connections, what kind of advisory company can you use?

Chen Gu said angrily: "One or two percent? I'll go, and over a billion will be gone in one fell swoop. These banks are really good at playing games. They get high wages, and if they can't get it back, the people will foot the bill!"

Xiao Jihui said with a smile: "That's how much. The heavy truck factory that Mr. Xia has been dealing with these days should have results soon. It is said that the debt exceeds tens of billions, and the bank has reduced the amount by billions at once, otherwise who would dare to take on this mess!

"

This kind of thing has become commonplace. The bad debts accumulated by state-owned enterprises over the years are absolutely astronomical. Otherwise, each bank would not have set up a company to deal with bad debts to reduce their non-performing loan ratios.

No one will check these bad debts. Anyway, the procedures are legal and the decisions are made collectively. There is no trace of illegality on the surface.

Moreover, these bad debts are basically caused by state-owned enterprises. How to check them? It is impossible to check them.

Li Weidong ignored their nonsense and took the document and read it. Although there was not much paper, it was full of useful information. Although the process was complicated, it was clearly organized.

Li Weidong finished reading it after a while, and then put the document on the coffee table. Chen Gu, who was already curious next to him, also picked up the document and started reading it.

"Lao Xiao, is your plan feasible? Four hundred million is given to Cinda Assets to pay off debts. You want to get 60% of the shares for just a few cents per share. Can those small shareholders agree?" Chen Gu asked after reading it.

"This is market behavior. They can choose to wait for the company to go bankrupt and distribute the remaining assets after the auction!" Xiao Jihui looked at Chen Gu and said calmly.

Investment is risky, so you need to be cautious when entering the market. This is not a propaganda slogan, it should be convincing with some blood.

The news that Zheng Baiwen is going to suspend trading and delist is not new now. It was almost announced at the beginning of the year. Smart people, even fools, know what to do.

But since then, the stock price has risen instead. Everyone knows the reason behind it, which is that they hope to reorganize and get a big deal.

Since you want to take advantage, you must be aware of losses and cannot just think about benefits. Others are not fools.

Chen Gu has done some research on going public. After reading this plan, he feels that the plan is good, but it should be quite troublesome to operate.

There is definitely no problem with the few major shareholders, and they definitely don’t dare to be tough. If they are really delisted, the shares they hold are nothing. They still have at least 40%, and if it can really be reorganized by Wanjia Mall, the company will

It is estimated that it would not be difficult to double the stock price. This calculation is easy to calculate.

The only worry is that some relatively powerful retail investors will not affect the company's reorganization. They even desperately hope that the reorganization will be successful, but they do not want to lose the rising stock price after the reorganization.

After all, it is highly likely that the stock price will rise after the restructuring. Otherwise, why would the restructuring be done?

Moreover, there is no shortage of gamblers in the stock market. If you take a gamble, you can enter the market and make your money several times higher.

However, this plan obviously did not meet their expectations. If they did not earn enough income, how could they transfer more than half of the shares for a few cents per share.

The stock price is now several yuan, isn’t this a money grab?

"That's nice to say. If the talks are almost done, I don't believe you can give up the acquisition just because a small number of shareholders don't agree?" Chen Gu said with a hint of sarcasm.

In the past, collectivism could still be emphasized, but now it is market behavior and only buyers and sellers agree. This is my stock. I will not sell it even if it goes bankrupt. What can you do?

Xiao Jihui saw Li Weidong looking at him at this time and smiled awkwardly. Naturally, he knew that this situation would definitely exist. Those who were not short of money would be willing to make trouble, and distribution according to trouble was also an effective method of distribution.

"We have also considered this situation, so we asked Baiwen Group to do this. If this situation really arises, we can only solve it through negotiation!"

"At the same time, in order to cope with this situation, we have also set the share requirement at 60%. Even if some are unwilling to transfer, I will not affect our holding position!"

"After a period of time, asset injection, capital increase, share allotment and other means can still raise funds for the company, and our holding position will definitely be stronger!"

"main……"

Chen Gu smiled and interrupted: "The most important thing is that there is no lock-up period for the stocks you executives sell, so you can cash out at any time!"

Xiao Jihui did not deny Chen Gu's statement, but continued: "The most important thing is that I have consulted the regulatory authorities. If we do not choose this backdoor listing method, we will have to queue for at least two years, and the newly listed company will still have to wait in line for more than two years."

There are all kinds of restrictions!”

"As for our backdoor listing, if things go smoothly, it can be completed by the end of the year, which will save a lot of time and cost, and it is still worth it!"

Xiao Jihui began to describe the benefits and advantages of backdoor listing to Li Weidong. At this time, the boss had already read the report document and had to say something other than the document.

Of course, Xiao Jihui didn't say a word. If Li Weidong went to the leaders of the regulatory authorities to establish relationships, maybe they could go public like Anxia Real Estate.

Thinking of this, the way he looked at Chen Gu changed again. It was really different. If he had known that there would be a batch of sugar that he sold to Li Weidong today, he should not have allowed his cousin to charge a favor.

If I could think long-term at that time, I would probably have a higher status than Chen Gu now. I regret it!

"Old Xiao, what are you looking at? Are you trying to figure out your little account?" Chen Gu looked at Xiao Jihui's eyes and asked subconsciously.

Xiao Jihui sighed inwardly. It seemed that Chen Gu was really right. He just had too many small accounts.

Li Weidong knocked on the back of the chair, and the two stopped arguing. They both looked at Li Weidong, knowing that the boss was about to speak.

"It's not impossible, money is exchanged for time, this kind of business is worth it!" Li Weidong said with certainty.

Xiao Jihui looked happy, but did not speak, still listening to Li Weidong's but.

"But when dealing with so many departments within the system, especially when it comes to money, you must be cautious. You can eat and drink, but you can't touch the bottom line!"

Xiao Jihui looked happy. This was much simpler than he expected. Of course, it was also a difficult matter. The bottom line was really difficult to grasp.

Li Weidong waved his hand and did not let Xiao Jihui say any compliments. Instead, he said: "Let me say one more thing, listing is not necessarily as early as possible. The right time is also important!"

(End of chapter)