Yanzi Valley of Jingcheng

Chapter 280

Du Jing never thought that Xiao Jie would ask her to talk to her alone about becoming a shareholder of Yanzigu Apartment.

Xiao Jie told Du Jing that it is not realistic at this stage whether it is to let the landlord buy shares or raise funds through REITs.

"It will be more troublesome for the landlord to raise funds to buy shares in the later management." Xiao Jie said, "If it is a direct shareholding, every shareholder meeting resolution of Yanzi Valley in the future needs to be signed by all shareholders, even if they are incorporated into a partnership, legal procedures It is also necessary for the partnership company to pass the vote first, and the votes of the shareholders of Yanzi Valley will count. I think that neither you nor Guan Sha want the company to make major decisions in the future, so you have to call those landlords for a meeting, right?"

"I came up with this idea because I had no choice at the time." Du Jing said, "We found out that some companies did this, because later we found that even if I invested 5000 million from Jingyi, you Jin Quan and Ye Tao Du has been taken away, and Guan Sha still doesn't have enough money to renovate the newly acquired houses."

Du Jing's words are true. Jingyi's 5000 million is only used for equity conversion. Ye Taodu took 2500 million of this money for equity incentives, and Jin Quan took 2500 million of the flat capital fund. There is no penny left in Yanzigu Apartment , but Jingyi’s shareholding is to rent out houses that cannot be sold by its customers. Many of the houses need to be renovated before renting out. There are thousands of houses, and each house costs tens of millions based on the decoration cost of 1 yuan. , Yanzigu Apartment naturally didn't have this money.

"The trouble of signing is not the main reason why I reject this plan." Xiao Jie said, "Many homeowners, such as the village head Uncle Lei, don't sell their houses, and they can't afford so much money in the short term, but if they sell Houses, you should be very clear, if you don’t lower the price by 20% to 30%, there isn’t even a single person looking at the house, and during the last long holiday, 3 second-hand houses were sold in the whole of Qingyang.”

"Yes... indeed..." Du Jing admitted, "If you don't gather a few owners to sell their houses for money, you have to expand the number of people. For example, if one person pays tens of thousands, even if one person pays [-], hundreds of people will be required to participate in the shortfall of tens of millions. , This scale is indeed too difficult to manage, so we want to go the way of REITs.”

"It's not that REITs can't go, but it's not ideal." Xiao Jie said, "REITs actually target those companies with stable cash flow, mature property management, high brand awareness and large scale. Yanzi Valley still does not meet these conditions. Moreover, even if REITs are the priority, the interest rate is 5%, which will greatly reduce the small profit margins. Although REITs have developed well in the United States, Singapore and Hong Kong, it is still too early in my country, and some supporting regulations are not It’s perfect, so I’m more inclined to think about it later in the company’s development.”

Du Jing pursed her lips, "Then if none of these things work, brother Xiao, do you have any other options? The funding gap is there..."

"Yes." Xiao Jie's eyes were deep, "But I need your help."

"Me?" Du Jing pointed at herself, with a puzzled expression on her face, thinking that she had already contributed almost all the cash in Jingyi's account, and also provided Guan Sha with so many cheap houses by the way. How can I help when my body is empty?
"It's like this..." Xiao Jie explained, "Based on what you originally discussed, 10 times the valuation, 5000 million of the 2500 million in Jingyi will replace Ye Taodu's entire equity. After the replacement, your shareholding ratio will be 18.52%. It is Ye Taodu's current shareholding ratio."

Du Jing had no objection to Xiao Jie's arrangement, it was part of the original plan discussed by her, Guan Sha and Ren Tianxing.

Since the establishment of the big data analysis system, the resources that Ye Taodu can provide for Yanzigu Apartment have also stopped here. It is of little significance for him to continue to be a shareholder, and it is wise to withdraw in a timely manner. Du Jing guessed that Xiao Jie also thought so Yes, he probably didn't want to delay Ye Taodu's equity incentive process before going public.

"The remaining 2500 million, Jin Quan doesn't need it now." Xiao Jie told Du Jing about his plan, and Du Jing stammered in shock, "Then...then if you don't need it, what should I do?"

Xiao Jie stared at Du Jing, and said after a while, "Are you willing to lend it to Guan Sha? Or...debt-to-equity swap."

The so-called debt-to-equity swap means that at this stage, Du Jing first lends money to Yanzigu Apartment, the loan amount is 2500 million. Du Jing can convert the debt into the equity of Yanzigu Apartment.

In short, the debt-to-equity swap provides Yanzigu Apartment with an option to pay off debts with shares in the future.

Du Jing's sensitive heart immediately sensed Xiao Jie's real intentions. Xiao Jie put the option of debt-to-equity swap behind. The first thing he mentioned was that he hoped that Du Jing could borrow directly.

Borrowing directly means that Xiao Jie doesn't want Du Jing to hold too many shares and pose any potential threat to Guan Sha.

Du Jing is sensitive by nature, which is not in line with her family conditions. It is only because her family was not as rich as Guan Sha and other students in the White Horse Club from the beginning. When Du Jing's family only had one or two hot pot restaurants Her parents insisted on stuffing her into that circle, so that Du Jing's original sense of superiority gradually lost.

When we went shopping together in junior high school, Du Jing would be proud of being able to wear 3 yuan of sneakers, but when she found out that other friends had no idea about the price, they bought glasses frames of 6 yuan and bracelets of 14 yuan. At that time, Du Jing gradually changed from carefree to cautious.

Although Du Jing never liked horseback riding, she was as vain as her parents, subconsciously unwilling to quit the circle of the White Horse Club. cultivated temperament.

It can be said that Du Jing was so generous and forthright to Guan Sha, who was struggling to start a business after graduation, how sensitive and inferior she was in her true heart.

At this moment, Du Jing didn't hesitate at Xiao Jie's request, "It's ok, Brother Xiao, you are an expert, so I can do whatever you want. This money should be regarded as a loan, and there is no need to swap debts for shares. That would be too troublesome. In fact, the main thing now is to solve Jingyi's troubles, as long as it can be solved, I can do whatever I want."

"The interest..." Du Jing interrupted as soon as Xiao Jie mentioned this, "There is no need to pay the interest, and it is not easy for Guan Sha. There is only so much profit margin for long-term rental apartments."

"No interest, are you really willing?" Xiao Jie's eyes made Du Jing nowhere to hide.

"Yes." Du Jing looked calm, "I told Guan Sha that the money originally belonged to her, and I am already thankful that she can help me, otherwise I would not even dare to leave the house, and the family's business would be very affected." Influence."

Xiao Jie smiled slightly, "Yanzi Valley is indeed still relatively difficult at present, do you think it is okay to add 0.5 points to the bank's current demand? But this money may have to be borrowed for 5 years."

"I told you I don't need to give it." Du Jing muttered.

"If you don't give it to Guan Sha, you won't agree." Xiao Jie's expression became serious, "You should know her better than me."

Du Jing stopped talking, and only heard Xiao Jie continue, "Then it's settled, the money borrowed will only be used to renovate the houses of your original clients for rent, which is equivalent to earmarking the money."

"Okay, okay!" Du Jing was very grateful, "Then thank you Brother Xiao!"

"We should thank you." Xiao Jie said.

For some reason, Du Jing suddenly felt like crying. She was really happy that she could help Guan Sha. To be precise, she thought that she had to pay a price to make up for the wrong move of stealing Guan Sha's idea of ​​starting a business. , these interests, in fact, Du Jing bought himself a peace of mind.

She once wanted to be a bad person. She thought it seemed that the bad person was more powerful, controlled more resources, could fight for more rights for herself, and would not be punished by God in the end, but when she became a bad person, her conscience also He always jumps out from time to time and stabs her, which can often bleed.

In the days of becoming a bad guy, Du Jing's glamorous appearance wrapped a heart full of scars.

What worries her the most is whether Guan Sha can really trust her again, and what will Xiao Jie think of her in the future?

If all these can be eliminated by "making profits", then the cost of making mistakes is indeed small enough for Du Jing.

At the end of the conversation, Du Jing was about to leave, but she stopped when she opened the door, turned around and asked Xiao Jie, "Brother Xiao, do I... look like I was in high school?"

"Like, chivalrous and courageous, righteous and awe-inspiring." Xiao Jie said.

Although the corners of Du Jing's eyes were hot, she also smiled, and she asked, "Brother Xiao, will you always remember how I am now?"

Xiao Jie was taken aback for a moment at first, then smiled and said, "Yes."

(End of this chapter)