Chapter 182 High Platform Diving
On the same day, I discussed a rough idea in the restaurant jointly run with Han Xiaowen, but the investment plan did not change.
According to the price negotiated with Niu Dong during the Spring Festival, 20% of the shares were counted as 10 million US dollars, and 20 million US dollars were obtained forty percent. Now, 30 million US dollars were raised, and only 55% of the shares were required. Fan Liancheng had already made a concession and took the majority of the shares by giving up his controlling rights.
Therefore, the two existing major shareholders of Jingdong have not tried to bargain again. They have been rejected too many times recently and are worried about money all day long, fearing that the negotiation will collapse due to a little difference.
Judging from the current situation, it is almost worth so much money. It is slightly overestimated. The transaction that both parties agree on cannot be said to be who makes a profit and who loses.
The opinion was reached for the time being. No contract was signed, and there was no need to discuss the remaining trivial details directly. In the next few days, Fan Liancheng drew several industry elites from the venture capital department to form a small negotiation team, went to the Jingdong headquarters to discuss with people, and tried to finalize the final plan. In addition, he also found some personnel from the accounting firm to help review the Jingdong account.
The most important thing is to check whether Boss Niu Dongcheng had set up regulations that were unfavorable to Fan Liancheng, betting agreements, etc. in the previous few financings. It was similar to the entry review. It was definitely okay if you didn’t know anything. Ms. Xu and Boss Niu cooperated and signed the contract in just one week.
The scene was quite large. Fan Liancheng took the initiative to send people to contact several well-known financial media to hold an investment signing ceremony specifically at the Langham Longcheng Hotel in Sijiu City, hoping to indirectly help promote the Jingdong e-commerce website.
After the news appeared on the TV station that night, the order volume soared by more than 20,000 in just six hours...
"Don't worry, the funds will definitely be available next Monday. My money is useful now. I have contacted the bank. I will lend me one billion yuan next Monday morning and I will give it to you directly at that time."
"Okay, I know the measure. Mr. Niu, now that we become partners, we will rely more on you in the future."
"Hey, you're welcome. I'm planning to invest in Tengxun recently. I'll ask if I can lower the advertising price. With so many users of QQ, it will definitely be effective."
Fan Liancheng was standing by the floor-to-ceiling window and talking to Jingdong's boss Niu Dongcheng.
Feng Dafa stood there holding the teacup, occasionally opening the lid and taking a few sips, then covering it, looking at Fan Liancheng carefully, and then examining himself, always feeling that there was less meaning.
After thinking about it, I felt that besides being younger, more handsome and better figure, the most important thing is that my pockets are too shrunk and I can't support that momentum.
I secretly thought that my belly could be solved by exercise and my face could be moved, but money was really not something I could come by. In addition to envy, I secretly sighed how great it would be if my name was also on the rich list.
At the age of 40, Meng had already woken up and was just thinking about it. Old Feng looked away and saw that there was a little blue on the roof of the skyscraper in the distance. After Fan Liancheng finished calling, he asked, "Is the Golden Garden Building started to continue construction? Or is it the original construction team?"
"Well, the construction party is worried that we will not get the money, so we will reduce the total project payment by 3 million. The company also agreed. The rest will continue to be built according to the previous construction drawings plan. It is estimated that it will be put into use within this year. I will accompany me later if I have time. The bank will only rent 30 floors. The rest will be found for tenants. I plan to keep the three floors for office."
The building became a building of its own company, and it looked completely different and was pleasing to the eye no matter how you look at it.
Fan Liancheng stood up and twisted his waist, moved his body, and continued to ask: "Old Feng, Vice President Qian Hai and Qian, have you set out to negotiate business with the elevator manufacturer?"
"It should be right. I saw him taking a few people to the elevator just now. Vice President Qian has gained fame recently and finally has a bit of a big deal. If this business is taken down, the investment department will have spent nearly 3 billion yuan recently. You are quite courageous."
Lao Feng sighed sincerely.
They are talking about investing in an elevator manufacturer, which is also part of the upstream real estate industry. Longcheng alone purchases a lot of elevators every year. This industry is unpopular, but it is closely related to real estate companies.
It happened to be a big era of equity value investment. The elevator manufacturer targeted by Qian Hai was called "Conley", which is a large scale among domestic elevator companies.
The real estate industry has been cold in recent months, and life is not easy for the upstream and downstream of the industrial chain. The mine owner who still owes Old Fan 40 million recently asked Fan Liancheng to apologize, saying that he wanted to keep the money for the time being and the interest was calculated as usual.
There is no need to negotiate with Lao Fan. Fan Liancheng can make the decision to agree to this amount of money. It doesn’t matter if you wait a little, just send the interest regularly every month.
Moreover, since the other party used the unfinished property to pay off the debt, it has barely recovered its vitality. The assets are still quite large. The three quarries alone are worth a lot of money, so there is no need to worry about not being able to pay off the debt.
The developer has slowed down the efforts of development and land acquisition, and elevator manufacturers have not had a good life. Qian Hai went to Kangli Elevator Company to discuss financing and acquisition, and has obtained the approval of the board of directors of Longcheng Group. The investment scale is expected to be around 500 million yuan, and if it is suitable, it can be more.
I just received a large loan from the bank and the credit limit is also very high. Now Longcheng Group is rich and Fan Liancheng's own available funds are about to be sufficient.
Just last week, Bear Stearns, one of the five major investment banks, encountered a bank run crisis. No one was willing to help it. The reason was that liquidity began to dry up and the book cash reserves fell sharply, resulting in a sharp drop in stock prices.
Morgan was unwilling to help, and the Fed's feedback was not timely, and the international financial market was volatile, and the stock prices of many listed companies "diving on the high platform". In just five days, Fan Liancheng shorted the subprime mortgage family and earned more than 120 million US dollars. Including the hedge funds bought at Goldman Sachs, the total revenue reached nearly 150 million US dollars.
Shorting of Hong Kong stocks has also made huge profits, with a total return of approximately HK$400 million.
Last weekend, the Federal Reserve announced that it would inject $13 billion into Bear Stearns through Morgan. Fan Liancheng had completely closed the subprime mortgage family barrel when he was on the listing and gave up some of the gains. In addition to continuing to short the Dow Jones Index, Nasdaq Index, and hedge funds bought at Goldman Sachs, he cashed out in the US stock trading market and left.
The collapse was too sudden. He was still confused until now. He couldn't figure out why Bear Stearn, who had already held a huge sum of more than 10 billion US dollars in his hand, suddenly fell down, which was a surprise to him personally.
However, I thought the stock market would fall last year, so I took some money to invest.
Until now, Fan Liancheng has earned about 400 million US dollars from it. This money has come too easily, and the principal invested in the market has doubled, even he himself is very surprised.
This income has a big gap compared with those hedge funds and financial oligarchs that have been making a big splash recently, but as individual investors, I am enough to be proud. If it hadn't become safe after the sharp drop last year, and actively reduced its positions, and focus on the Hong Kong stock market, the profit would probably be more than 200 million US dollars.
Unfortunately, things are no longer remedied. Fan Liancheng began to focus on betting on further declines in the stock market, hoping to think that the subprime mortgage crisis drags down the global stock market, causing the stock market to continue to fall, and cause a small-scale financial crisis to a certain extent.
I have no shortage of cash on hand for the time being, so I just called Niu Dongcheng so calmly. The first fund is only 20 million US dollars, and I can squeeze out anyway.
At this time, when Old Feng said that Vice President Qian had left, Fan Liancheng shrugged and said, "If you leave, forget it. I originally planned to be lazy and go to the inspection with him. What are you holding in your hand? Letter of resignation?"
Old Feng was stunned for a moment, and after he recalled the taste, he couldn't laugh or cry:
"Mr. Xiao Fan, even if you drive me away with a stick, I will be lazy and never leave. How could I quit?
You don’t know how much I have? Except for the large amount of you, who would pay me such a high salary? Adding up the provident fund with my wife, the mortgage is enough to pay back. Recently, I had a meal with my relative and talked about the salary. You didn’t see the expression of my relative, and you couldn’t stop envious of me.
Chairman Geng asked me to bring you information, saying that you would study it carefully. I looked at the name above and said that our company was going to Lin'an to acquire land and enter the cultural and tourism real estate business?"
"Give it to me, the horoscope is not a single thing, the investment amount is too large, I haven't considered it yet." Fan Liancheng was not hiding. Feng Dafa usually had a broken mouth, but he was a smart person who knew what to say and what not to say. He had come to work for more than half a year and had proved this.
After taking the documents and reading them, I found that it was still an official public document.
I haven't heard of any company rushing to compete.
There are only a few large investments of tens of billions of yuan that are usually capable of operating, not to mention that the real estate market has been very cold in the past few months. Longcheng Group took the opportunity to get three more pieces of land, one residential project, one shopping mall-equipped office building comprehensive project, and the other is in Zhujiang New City. It is purely high-rise office building land, and two office buildings can be built at 100 meters high.
The investment department has been making constant moves recently. After a long negotiation, it is still preparing to take over a majority stake in the real estate company in Qingdao that holds several pieces of land for about 2 billion yuan, and also took the opportunity to swallow up an advertising planning company.
In addition, we also plan to invest in a garden company specializing in greening and landscape business. We are discussing the transaction details with the other party. The last time we got it at the board meeting, it said that it was stuck on the price, and the two parties were in a stalemate.
Chapter completed!