The investment era of rebirth

Chapter 345 Respective calculations

"Okay!" Liang Benchu ​​responded, thinking that it would be safer for the chairman to come forward in person.

"Is there any new news from Kumho Group and Chenghui Real Estate?" Ning Chenghu ordered, and then said, "We can't just look at our eyes, but also keep abreast of our competitors' movements!"

Liang Benchu ​​responded: "According to the news, Chen Yao from Chenghui Real Estate has returned to Shanghai this morning, and seems to have no intention of further contacting President Su for the time being. As for the Kumho Group, I heard that Yang Hao and Su Yuying are making great efforts to win over , Persuading many medium and small shareholders of Kumho Group to propose a formal proposal on the acquisition of the "Qianjiang East Suburb Binjiang Land" project at a premium at the board of directors and shareholders' meeting. I heard that their preliminary negotiations with President Su are It is planned to issue additional shares of the group in the form of targeted acquisition."

"but……"

Liang Benchu ​​paused, and continued: "According to the internal situation of Kumho Group, Yang Jincheng should not agree to the private placement of shares and the proposal to acquire the 'Binjiang plot in the eastern suburbs of Qianjiang'? After all, if he agrees to the private placement of shares, According to the proposal, it is based on the valuation of the 'Eastern Suburb of Qianjiang Riverside Land', the current bidding situation of all parties, and the overall valuation of Kumho Group in the secondary market."

"For Mr. Su's entry, I'm afraid we have to give up nearly 10% of the group's shares."

"So, unless Yang Jincheng continues to increase capital and control, otherwise, according to his current shareholding ratio in Kumho Group, if Mr. Su enters the game and falls to his son Yang Hao, then the control of Kumho Group may be lost. There's been a change."

"Yeah!" Ning Chenghu nodded slightly, "Father and son fight, it's wonderful. The more chaotic the Kumho Group is, the better it is for us."

Liang Benchu ​​said: "At the current stage, Kumho Group should not pose too much of a threat in the competition for the 'Eastern Suburbs of Qianjiang Riverside Land'. It should be quite difficult for Yang Hao, Su Yuying and his team to obtain the final dominance of the relevant proposals at the group board of directors and shareholders' meeting, and if it is purchased with pure cash... Kumho Group paid a huge amount of backdoor After listing costs, the internal capital chain should also be very tight, and there will not be much cash flow."

"I think Chenghui Real Estate has more obstacles to us advancing this project."

"After all, according to the news, since the Shanghai Financial Summit at the end of last year, Mr. Su has a close relationship with Miss Xie from 'Zhenhua Capital', and the relationship between the Xie family of 'Zhenhua Capital' and the Chen family of 'Chenghui Holdings' , in the domestic business circles, everyone knows that, and Chenghui Real Estate is implementing the national strategy. For the city of Yuhang, it has long wanted to enter the layout. The "land plot" is a project that Chenghui Real Estate will enter Yuhang, and it is bound to win. If we continue to bid with them, it may be the premium of the land of "Qianjiang East Suburb Binjiang Land", with a valuation of 13.5 billion. Can't stop."

"Chenghui Real Estate is indeed a trouble." Ning Chenghu pondered for a moment, then said, "With the relationship with the Xie family of 'Zhenhua Capital', their financing channels and cost of capital use are on average lower than ours. With two or three percentage points on the bottom of the real estate, if it is this project, they are bound to win it, and it is really hard to spend."

"but……"

Ning Chenghu thought for a while, and then said: "I feel that the biggest obstacle and threat to us is the old rival Kumho Group."

"Although Chenghui Real Estate intends to settle in Yuhang, their operating strategy has always been relatively stable."

"If the premium for the 'Binjiang plot in the eastern suburbs of Qianjiang' is too high, it will greatly erode the profit of project development and cause a huge increase in the cost of project development. They should give up, and such a large project development, Chen Yao A general manager of a real estate company who has only been in office for two years does not have much say."

"It's hard for a strong dragon to overwhelm a local snake."

"A development project with a budget of billions of dollars, in an unfamiliar city with no successful development experience, acquires land at a substantial premium. When the land premium reaches a critical value and the risk of development increases sharply, they should give up. So... this The opponent seems to be very high-profile and the bidding is quite aggressive, but it is actually easy to deal with."

"On the contrary, you think that Kumho Group, which has great internal resistance in bidding for the 'East Suburbs of Qianjiang Riverside Land' project, is very likely to lose control of the bidding, and is willing to pay a large premium to take the land at a loss, but also to force all opponents out , Introducing President Su from 'Yuhang Investment' into the game."

"Why?" Liang Benchu ​​asked.

Ning Chenghu smiled, and said: "You underestimated people's greed, and also underestimated some people's determination in fighting for equity. After the Yang family broke up with his son, Yang Hao was very dissatisfied with his father Yang Jincheng. In addition, Su Yuying and other shareholders suppressed by Yang Jincheng are all looking at this opportunity to turn around and overthrow Yang Jincheng, who has been in charge of the Kumho Group for many years, at the shareholders meeting."

"In addition, now that the Chen family has collapsed, Yang Jincheng has no support behind him."

"And Yang Hao climbed into the Ni family again. It's strange that the group of people from the Su family of Kumho Group and those shareholders who dissatisfied with Yang Jincheng didn't jump out this time."

"And, starting from the vested interests of these people."

"Not to mention how the Ni family's background will help the Kumho Group in the future, if Yang Hao, a dude, is in the position, they will think that Yang Hao is easy to control, which is more conducive to their profit within the group."

"And for us..."

Ning Chenghu continued: "Yang Hao, an inexperienced person, should be much easier to deal with than the current Yang Jincheng, right?"

"So, our strategy for this project is..."

Ning Chenghu's eyes shone sharply, and he said: "If we can win the final bid of 13.5 billion, we will take it. If we can't win it, we need to delay the negotiation in the form of fake bids, and transfer the 'Qianjiang East Suburb Binjiang Land The block' value has risen to more than 14 billion, leading Kumho Group to take over the offer at a high price, thereby intensifying the internal equity struggle of Kumho Group, and helping Yang Hao, a playboy who is obviously easy to deal with, to a high position."

"Understood!" Liang Benchu ​​said with a smile, "In this way, regardless of whether we can win this land, we have achieved the strategic goal of weakening the strength of the Kumho Group."

"Yes!" Ning Chenghu said, "The harder Yang and his son fight, the more free we will be to develop and clean up the group's stubborn problems and some mistakes in the previous development strategy."

"Okay!" Liang Benchu ​​nodded and replied, "Then I'll make another appointment with President Su right away."

After finishing speaking, he exited the chairman's office and called Su Yu immediately.

Seeing that Liang Benchu ​​replied so quickly, Su Yu was a little surprised, and said with a smile on the phone: "Mr. Liang is worthy of being a capable minister of Pengyuan Real Estate! Will there be a result so soon?"

"Since we have agreed to President Su, we should do our best." Liang Benchu ​​said, "According to the reference opinions provided by President Su, we can further transfer some benefits and conditions, and in the evaluation of the 'Eastern Suburbs of Qianjiang Riverside Land' In terms of the total price, it can also be raised moderately, but I don’t know if President Su has time tomorrow, our chairman wants to have a face-to-face discussion with President Su.”

Seeing that Ning Chenghu finally showed up, Su Yu knew that Pengyuan Real Estate had finally shown his true sincerity, and said with a smile, "Since Chairman Ning invited me, how can I break the appointment?"

"That's good!" Liang Benchu ​​said with a smile, "Then tomorrow at noon, Xinyi Manor will be waiting for Mr. Su again."

"Okay!" Su Yu responded, and then hung up the phone.

At the same time, Yuhang, inside a high-end villa complex, was at Su Yuying's house.

Yang Hao looked at Su Yuying who had just hung up the phone, and asked expectantly, "Auntie, how is it? That fellow Feng Xinsong, agreed?"

Su Yuying smiled and said: "He agreed, but the requirement is that if we obtain the control of the group, he will take the position of general manager of the group's general construction company."

"This guy is really ambitious." Yang Hao said, "If it wasn't for his backstabbing, the situation would not be so difficult now. Maybe Anke, Tianhong, Tianchen, and Chengyuan are still independent of the group, and The group's real estate business may still be in the hands of Liu Yaqiang. He thought that he had integrated the group's resources for Yang Jincheng and pulled out some nails, and Yang Jincheng would reuse him. marginalized."

"Although this is the case, this person can still be used at present." Su Yuying said, "He is an old man who has been with the group since its establishment. Some of the group's medium and small shareholders are basically headed by him. As long as he is on our side, Our number of votes at the shareholders meeting is enough to compete with Yang Jincheng."

Yang Hao said: "But the board of directors is under the control of Yang Jincheng. Although we have united most of the medium and small shareholders, it is still difficult to obtain an overwhelming advantage. Unfortunately, in the environmental protection relocation last year, the land was sold at a low price' Mr. Lian of Ancai Paper's company is angry at the land theft project of the Su brothers. He is afraid that he is unwilling to cooperate with us. If Mr. Lian can agree, then in the whole backdoor reorganization, those medium and small shareholder groups that will be merged into the group , should also be on our side.”

Su Yuying thought for a while and said, "What you said makes sense. Although we have little chance of fighting for this force, we can still give it a try. After all, according to Yang Jincheng's operation plan, he is very concerned about the 'Ancai Paper Industry' that has been merged into the group. This traditional business is intended to be sold and divested, but it is obvious... Mr. Lian is still reluctant to let go of the company he founded. After losing control and merging into the group, he just died like this, so he has always resisted Yang Jincheng's strategy. It is more intense and strongly requires the group to retain the related business of 'Ancai Paper Industry'."

"According to what my aunt said... Then we have a great chance to fight for the company president?" Yang Hao's eyes lit up.

Su Yuying smiled and said: "If we promise to leave the related business of 'Ancai Paper' after we gain control of the group, and let him continue to manage Ancai Paper Company, he will definitely stand by our side, after all Selling land at a low price is already an unchangeable history. No matter how angry he is, he can't directly get back the piece of land in the "Eastern Suburb of Qianjiang Riverside Plot" from the hand of Mr. Su of 'Yuhang Investment'. "

"Hey, in fact, in business, facing the unknown future..."

"Who can predict the future?"

"A year ago, Yuhang city construction planning strategy, all the way to the west, the 'Qianjiang East Suburb Riverside Land' occupied by Ancai Paper Industry has no development prospects at all, and the surrounding area is also barren, and it is indeed worthless. Who would have expected that with the issuance of a document, the overall supervision of the real estate industry would be loosened, and the wasteland that was originally worthless would become the core plot of the new urban area in the future planning under this document?"

"Indeed!" Yang Hao nodded, "Things are impermanent. Speaking of which, Brother Su is so lucky that he bought a piece of wasteland at random, and it turned out to be a valuable new urban core planning land."

Su Yuying recalled the scene when she saw Su Yu for the first time, and she felt a lot of emotion in her heart, and said: "This President Su is really surprising. In terms of project investment, it is also so accurate, it is incredible."

"Maybe this is called luck!" Yang Hao said.

He watched Su Yu's development step by step, so he was deeply touched. Thinking about it carefully, only the word 'fortune' can explain Su Yu's development in the past year.

"Okay, I don't want to think about it anymore." Su Yuying said, "Tomorrow, if we can convince Mr. Lian, we must bring up the resolutions of the board of directors and the shareholders' meeting as soon as possible, otherwise...it will change if it is too late!"

When Yang Hao heard the words 'later change comes', his heart trembled, and he asked: "Auntie is afraid that Chenghui Real Estate and Pengyuan Real Estate will be the first to get there, and signed the land transfer contract with Brother Su?"

"I'm not worried about this." Su Yuying said, "Don't underestimate Yang Jincheng. We can't hide our private actions from him, and I believe...he won't sit still. We are recruiting middle and small shareholders in private. The local authorities are trying to prevent us from using the 'East Suburbs of Qianjiang Riverside Plot' project as a lever to leverage his control over the group."

"certainly……"

Su Yuying paused, and said: "The Chenghui Real Estate and Pengyuan Real Estate you mentioned really have to be guarded against. We were also true before. We didn't expect Chenghui Real Estate to keep up, and then bid more than 13 billion."

"On the condition of fixed share increase, there is still a lot of room for a premium in the acquisition of the 'Eastern Suburb of Qianjiang Riverside Land'." Yang Hao said, "As long as the shareholders are not allowed to spend real money, and at the same time follow the group's future plan , this piece of land also belongs to the core position in the future strategic planning. Even if they continue to purchase at an appropriate premium, they should not have any opinions. The change of control of the group, so I think... there should be no surprises in the negotiation between the Su brothers."

"I hope!" Su Yuying rubbed her temples to make her thinking clearer, and responded casually.

After finally waiting for this opportunity, she is unwilling to give it a go, so... for the uncertain future, she is both apprehensive and excited.

During the discussion between the two...

Similarly, at this moment, the official website of Chenghui Real Estate and its list of internal executives were updated.

Xie Wanting was appointed as the manager of the investment department of Chenghui Real Estate, and was airborne as the leader of the investment project team of the "Eastern Suburbs of Qianjiang Binjiang Land". She was the plenipotentiary representative of Chenghui Real Estate and negotiated with Su Yu of "Yuhang Investment".

The news came out, inside Chenghui Real Estate, and other competing companies in the same industry who received inside information.

Faced with such an appointment, they were all at a loss and confused. They only felt that there was something wrong inside Chenghui Real Estate, and they actually started nepotism.

Of course, Liang Benchu, vice president of Pengyuan Real Estate Group, heard about the appointment.

After thinking about it for a while, I smelled something unusual. I felt that Chenghui Real Estate played this emotional card, which was obviously more inevitable for the project of "Qianjiang East Suburb Binjiang Land", so I temporarily suggested to the director Chang raised some prices again, and optimized the list of stock houses that Su Yu was more interested in replacing part of the inventory.

In the end, in this kind of game between all parties, everyone secretly plans, weighs and calculates.

On Monday, March 3, after a brief morning meeting, Su Yu listened to the work reports of the leaders of various departments, and took a general look at the stock market that was still in the process of shrinking. Accompanied by Lingna, they visited Xinyi Manor in the suburbs of Yuhang again.

(End of this chapter)