The Age of Rebirth

Chapter 640 The Bottom Line

After Xiao Jihui finished speaking, he looked at Li Weidong expectantly, wanting to see a wave on his face.

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

Whenever they see Li Weidong nodding, those subordinates will feel a lot easier.

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

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

Moreover, although the current retail industry has grown significantly with the increase in the income level of ordinary people, it has to face the challenges of foreign retail giants.

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

Especially in the first-tier big cities, Wanjia Shopping Center has already engaged in hand-to-hand combat with several foreign giants.

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

And the price war was very fierce, sometimes looking at the dismal Lilan stores, Xiao Jihui was so worried that he almost scratched off the few remaining hairs.

If it weren't for the continued growth in other regions, he really wouldn't want to live this kind of life at all. It would be great if there is a large amount of cash flow at this time.

Of course, he can ask Li Weidong for help, beg Li Weidong to continue to inject capital, and he can also find a bank for turnover. Continue to raise funds from the capital market.

Second, it can also increase the company's popularity. After all, domestic companies are still relatively unfamiliar with such things as going public. Many Chinese people think 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, not very good, at most they are the second echelon, and naturally they are not as good as listed companies.

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

Therefore, if the listing is successful, it will also greatly improve the company's image, and at least it will be able to 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 more eager to go public.

When the company was first established, Li Weidong only acted as an investor, 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 was given [-]% of the equity.

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

But later I figured it out, people should not be too greedy, they have to make the cake bigger first, so that they can eat more.

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

Sure enough, only the power of capital is great in this society. The bigger the company, the bigger the team.

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

No matter how many shares these people have, it is undeniable 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 the shares of unlisted companies are worthless, the buyer's market is too small, and the seller has no bargaining power.

So now these shares can only be used as a certificate of dividends, and it is not appropriate to trade them, and they are not willing to do so.

The company is now in the stage of outward expansion, and major shareholders have no requirements for dividends. The management naturally wants to save enough capital to 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. At that time, the dividends will be kept, sold in the secondary market, or pledged freely.

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

Since the beginning of this year, after the company decided to prepare for listing, every time Xiao Jihui visited a place, the person in charge of the local shopping mall would always ask him with hopeful faces like now, when will the company go public?
It made him very helpless, and he also thought, after all, he has the most shares besides Li Weidong, so going public must be a good thing for him.

But the regulatory department also belongs to his family. How can I go public when I want to go public?
The big boss does have this influence, but the boss has no desires and demands, or he has no desires and demands for their small company, and is not active at all.

Holding a teacup in his hand, Li Weidong thought about it. In his previous life, Sanlian was able to reorganize Zheng Baiwen, and there was not much trouble afterwards, which also shows that the reorganization should be no problem.

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

Not to mention Zheng Baiwen's major shareholder, Baiwen Group, behind him is the Zhengzhou City Government, so as long as you do business in Zhengzhou or Henan Province, you will definitely not be able to avoid him.

Not to mention Cinda Assets. The company that specializes in handling bad debts is simply an official account collection company. The background is too strong. Although there is a repayment rate for bad debts, they must 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 him. Even if the listing is successful, it can still control you, and it is just a matter of saying that you are finished.

Dealing with these three departments is still a matter that involves a large amount of funds and great flexibility. If the mouth is crooked, the money will come, which is most likely to cause corruption.

This is also the reason why Li Weidong pondered, and it is probably also the reason why Xiao Jihui wanted 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 right and wrong, which is very serious, and once involved, it will be endless.

"How much do you want to get back the 20 billion creditor's rights of Cinda's assets?" Li Weidong asked after pondering for a while.

"They wanted half of it, but some of them said that it would be good to get back one or two achievements. After all, even if Zheng Baiwen's current assets were all given to him, he wouldn't have that much!"

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

As he said that, Xiao Jihui took out a document with only a few pages from his document bag and handed it to Li Weidong. This was a one-point plan made by the investment company he had found.

When I come to report to the big boss, it is impossible not to do some work, and to report to the boss as soon as my brain gets hot, which is neither logical nor effective.

Now he has spent money to find an investment consulting company with strength and background, the key is that he can get in touch with these parties, and has made such a plan that can be accepted by all parties.

Choosing a good investment consulting company is not only easy and trouble-free, but also increases the probability of success.

This is also the basis for investment consulting companies to gain a foothold. If they are not familiar with all parties, and have no background and connections, what kind of consulting company is there.

Chen Gu said unhappily: "Twenty percent? I'll go. I'll lose more than one billion in one fell swoop. These banks are really good at playing games. They have high wages. If they can't get it back, the common people will pay for it!"

Xiao Jihui said with a smile: "That's just how much. The heavy truck factory Mr. Xia has dealt with these days should have results soon. It is said that the debt has exceeded tens of billions, and the bank has reduced it by several billions at once. Otherwise, who would dare to take over this mess! "

This kind of thing is not surprising. The bad debts accumulated by state-owned enterprises over the years are definitely astronomical. Otherwise, they would not set up a company to deal with bad debts for each bank to reduce their non-performing loan ratio.

No one will investigate these bad debts. Anyway, the procedures are legal, and the collective decision-making does not show traces of illegality on the surface.

Moreover, these bad debts are basically generated by state-owned enterprises, so how can they be checked?

Li Weidong ignored the nonsense of the two of them, took the documents and looked at them. Although there were not many papers, they were all dry goods. Although the process was complicated, it was well organized.

After a while, Li Weidong finished reading, and then put the document on the coffee table, and Chen Gu, who was already curious, also picked up the document and read it.

"Old Xiao, can your plan work? 60 million will be paid to Cinda Assets to pay off the debt, and you want to get [-]% of the shares for a few cents per share. Can those small shareholders agree?" Chen Gu asked after reading it.

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

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

The news that Zheng Baiwen was going to suspend trading and delisting did not come out 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, that is, they are looking forward to being able to reorganize and get a big bargain.

Since you want to take advantage, you naturally have to be aware of losses. You can't just think about benefits, and others are not fools.

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

The few major shareholders are definitely fine, and they definitely don’t dare to be tough. If they are really delisted, the stakes in their hands will be nothing. At least 40% of them are still there. If it is really possible to be reorganized by Wanjia Shopping Mall, the company It is estimated that it is not difficult to double the stock price of the company, and this account is easy to calculate.

The only worry is some relatively strong retail investors, who will not affect the company's reorganization, and even eagerly hope that the reorganization will be successful, but they don't want to lose the rising stock price after the reorganization.

After all, there is a high probability that the stock will rise after the reorganization, otherwise why do the reorganization.

Moreover, the stock market has never been short of gamblers. If you enter the market with a gamble, you will double him several times.

However, this plan obviously did not meet their expectations. How could they transfer more than half of the shares for a few cents without earning enough profits.

Now the stock price is several dollars, isn't this a money grab!

"It sounds good. If the discussion is almost done, I don't believe that you can give up the acquisition because a small number of shareholders disagree?" Chen Gu said sarcastically.

In the past, collectivism could be emphasized, but now it is a market behavior, and both buyers and sellers agree. This is my stock, and I will not sell it even if I go bankrupt. What can you do?
Xiao Jihui saw that Li Weidong was also looking at him at this time, and smiled awkwardly on his face. Naturally, he knew that this situation would definitely exist, and those who were not short of money were willing to make trouble, and distribution according to trouble was also an effective distribution method.

"We have also considered this situation, so let Baiwen Group do this. If this situation really happens, we can only negotiate to resolve it!"

"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 controlling position!"

"After a period of time, asset injection, capital increase and stock expansion, allotment of shares and other means can also raise funds for the company, and our controlling position will definitely be stronger!"

"main……"

Chen Gu interjected with a smile at this time: "The most important thing is that you executives have no lock-up period for selling the stocks in your hands, and you can cash them out at any time!"

Xiao Jihui did not deny Chen Gu's statement, but continued: "The most important thing is that I have consulted with the regulatory authorities. If we do not choose this method of backdoor listing, there will be at least two years of queuing time. There are all kinds of restrictions!"

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

Xiao Jihui began to explain to Li Weidong the benefits and advantages of backdoor listing. At this time, the boss had already read the report document, and he was about 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 get acquainted, maybe they could also go public directly like Ansha Real Estate.

Thinking of this, the way he looked at Chen Gu changed again. Sure enough, it was really different. If he had known that there would be the batch of white sugar he sold to Li Weidong today, he shouldn't have asked his old cousin to charge a favor fee.

At that time, if he could think long-term, he would probably have a higher status than Chen Gu now, so I regret it!

"Old Xiao, what kind of eyes do you have, and you plan to plot your little account?" Chen Gu asked subconsciously when he saw Xiao Jihui looking at him with a little trepidation in his eyes.

Xiao Jihui sighed in his heart, it seemed that Chen Gu was really accurate, he just had too many petty 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 affirmatively.

Xiao Jihui looked happy, but he didn't speak, and he still listened attentively to Li Weidong's but.

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

Xiao Jihui looked happy, but this is much simpler than he expected, and of course it is also a difficult thing, the bottom line is really difficult to grasp.

Li Weidong waved his hand, and did not ask Xiao Jihui to say any compliments, but said: "Let me say one more thing, the sooner the listing is not necessarily the better, the right timing is also very important!"

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