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Chapter 398

After hearing Zheng Wenyuan said that Chen Li had projects to do, Xu Yuanzhou's cells were about to jump. He decided to go to Pujiang temporarily. He couldn't buy first-class cabins, so he flew to Pujiang with economy class and waited for Chen Li in Pufeng Building. Gao Fengming came back from participating in the research activities organized by the Jiangwan District Government.

"What's the reaction in Jiangwan District?" Zheng Wenyuan couldn't wait to ask when he saw Chen Li and Gao Fengming come back.

Chen Li and Gao Fengming went to participate in the research activities, with the main purpose of revealing their initial intentions, but the reaction in Jiangwan District is crucial and directly determines the next plan of Xinrui City.

"..." Seeing Xu Yuanzhou, Ding Yang looked expectant, believing that Zheng Wenyuan and Zhou Bin had explained the preliminary plan to them before he came back. Chen Li sat down and took a cigar and cut it with brass cigars, and said, "It's no different from what we guessed. After we put forward our ideas, Song Jingze, Lu Wenzhong and Zhao Feng, the deputy secretary who was present today, were all surprised. Lu Wenzhong was anxious to jump out and object, but Song Jingze blocked him back. Song Jingze's intention to do a good job in the north bank of Longchuan River was very clear, but Song Jingze's personal will was still too thin. Since he took office, he has done a lot of small articles around the north bank of Longchuan River, but the effect remains to be tested..."

"Your idea is always bold, it's very unexpected, let's do it!" Xu Yuanzhou also understood Chen Li's intentions and advocated giving it a try.

Replacing the old Dingxin Chemical plant plot to green land and improving the location value of the north bank of the Longchuan River is only the first step in the entire plan; then Xinruicheng Yueyuan will open a high price that others can unimaginably. At this time, don’t expect Xinruicheng Yueyuan to sell several houses, but the purpose of this step is to completely activate the north bank of the Longchuan River, cooperate with the Jiangwan District government, and jointly attract large-scale development real estate companies to come and hoard land. In the end, it is necessary to change and adjust the planning of Jiangwan District, so that the Puwan Road business district will extend south to the Longchuan River, and develop the north bank of the Longchuan River into a high-end commercial and commercial concentration area of ​​Jiangwan District. At this time, Xinruicheng Yueyuan, with a total construction area of ​​2 million square meters, will reach the real harvest period.

The entire process can only achieve results from one or two years to five or six years, but Xinchaorui has now become a real estate capital tycoon and should have enough patience to make such a layout in key projects.

Of course, in order to avoid the crisis that Xinchaorui system cannot withstand unexpected risks during the entire process, it is necessary to further integrate the business structure and debt structure.

The listed company Xinrui City issued additional new shares and acquired Xinrui Star City project under Xinchaorui Real Estate, which is the most core step.

Xinrui Xingcheng has estimated net assets of up to 5.4 billion with the project and reserve construction land, as the land value increases. Because Xinchaorui Real Estate is the holding company of a listed company, the two parties constitute an related transaction. Chen Li wants to acquire Xinrui Xingcheng at a high premium through the listed company. The additional issuance plan is likely to be rejected by the China Securities Regulatory Commission on the grounds of transfer of interests.

Chen Li planned to take advantage of the current decline in Xinrui City's stock price and issue 600 million new shares to integrate the current assets and debts of Xinrui Star City into the listed company system.

Of course, Xu Yuanzhou was willing to run behind the scenes to operate the whole thing, but he couldn't run away in vain when he was so active. He pulled Ding Yang over and negotiated conditions. He proposed on the spot that after Xinrui City's stock price was around 9 yuan and he got 3 billion chips, he would officially launch the additional issuance plan.

"You also know that we can't get so many chips in vain and not work, and these chips cannot be eaten by Ding Yang," said Xu Yuanzhou. "We will contact several investors who are close to Pujiang to receive the goods. In the later stage, we will try our best to help Xinrui City improve its performance, so that it will be possible to ship smoothly in the future."

Chen Li smoked a cigar and considered Xu Yuanzhou's suggestion. After a while, he said: "The third phase of Dashang Capital has been established for the longest time, and investors have a strong desire to fulfill it. We can transfer the 2 billion shares held by the third phase of real estate fund, but the stock cannot be less than ten yuan, otherwise we cannot explain it to the investors. With an additional quota of one billion, you can participate in this new stock issuance, so that we can acquire the Xinrui Star City project from Xinchaorui Real Estate with a scale of one billion cash and six hundred million new shares... Of course, we can also promise that the comprehensive annual profit growth rate of listed companies in 2007 and 2008 will not be less than 20%.

The third phase of real estate fund was established in the second half of 2002. At that time, the total fundraising of 800 million yuan was raised. After deducting the total low-interest dividend of 30% in recent years, all cashed out this time, and the annual yield rate was as high as 54%, which can be regarded as a beautiful explanation to the investors who participated in the first.

After completing a series of agreement transfers and the additional issuance transactions, the total share capital of the listed company Xinrui City will expand by 3 billion shares. Dashang Capital's shareholding in the listed company Xinrui City will be reduced to 800 million shares through the fourth phase of real estate funds and equity acquisition special funds; Xinchao Rui Real Estate's shareholding in the listed company will increase to 1.2 billion shares; Xinchao Rui Commercial will maintain the number of shares held in the listed company of 100 million shares unchanged.

"Okay, Ding Yang and I definitely have no objection, and we won't care about increasing the cost of ten points in the early stage, but we need to communicate with others. If you ask us to play in Pujiang for three or four days, I believe we will have a conclusion." Xu Yuanzhou is very confident in persuading the investors behind the scenes, but in the final analysis, he is also confident in Xinchaorui.

Once the Jincheng Jinchen Yueyuan project is formed, the projects in Qingquan, Shangdu and other places are in a high harvest period. It is possible that the annual profit will be more than 4 billion yuan after 07 and 08. Chen Li promised a 20% annual comprehensive growth rate, which is still in the conservative estimate of the Jincheng Jinchen Yueyuan project under the premise that the Jincheng Jinchen Yueyuan project is set.

Even if they don’t spend much effort to manipulate the stock price, the stock price of Xinrui City will rise by more than 20 yuan next year and next, which should not be a big problem.

After the implementation of the additional issuance plan, if the stock price of Xinrui City does not rise immediately, they can still attract some bargaining chips from the secondary market.

Xu Yuanzhou and Ding Yang said that the capital is still much thinner than Chen Li. In the past two years, with Chen Li and Zheng Wenyuan, he went to Qingquan to obtain 800 acres of land to develop and build Binjiang International Garden. The main funds were also raised from other investors.

However, the average price of new houses in Binjiang New District in Qingquan has soared to a level of 7,000 per square meter. The opening price of the second phase of Binjiang International Garden, mainly multi-story high-end villas, is set at 8,000 per square meter, and sales are still extremely smooth.

At this time, Xu Yuanzhou, Ding Yang and others had already paid off nearly 2 billion yuan in profits from Binjiang International Garden, and the remaining sales house payments could almost offset construction debts, bank debts and taxes.

Since the funds for the development and construction of Binjiang International Garden were mainly raised from investors, Xu Yuanzhou and Ding Yang could only share less than half of them, but they were much more wealth than the previous ones that they had accumulated over ten years of struggle.

Xu Yuanzhou and Ding Yang were still impatient with the cumbersome specific management of the company. Later, they still thought about concentrating the funds and their respective investor resources in the private equity securities investment field.

Even if they continue to be optimistic about the future real estate market, they can also indirectly share the cake of rising growth in the real estate industry by investing in and purchasing stocks of listed real estate companies or participating in fund products like Xinrui Yunke Trust.

This is also the area they are better at.

So when they received a call from Zheng Wenyuan, they heard that there was such an opportunity, so they proposed to take over 3 billion chips first and then assist in promoting the additional issuance plan, mainly because of this.

This will be a glorious work for them to return to their main business.

Xu Yuanzhou and Ding Yang communicated with investors, so naturally they would not reveal Chen Li's plan. They just conservatively estimate that after the additional issuance plan is passed, Xinrui Xingcheng will be merged into the listed company Xinrui City, which will ensure that the profits of listed companies will have 30-40% room for profit growth next year and next year.

Whether it is Xu Yuanzhou or Ding Yang's success in recent years and his own close connection with the investors behind the scenes, it is not difficult to convince other investors.

Three days later, the listed company Xinrui City directly suspended trading and stopped trading, conducted project audits, data sorting, and preparations for the temporary shareholders' meeting to review a series of matters, including the plan to acquire Xinrui Star City project.

At this time, most of the shares held by the listed company Xinrui City are controlled by Xinchaorui Real Estate. Dashang Capital naturally cannot pass the review of the extraordinary general meeting of shareholders, but the issuance plan for new shares still needs to be approved by the securities regulatory department before it can be officially implemented.

The intention of Xinrui City to convert its industrial land Dingxin Chemical old factory plot to green land has caused an uproar within the Jiangwan District Government. Some people think that although Xinrui City is suspected of taking advantage of tricks, it has the right to refuse the acquisition of the district government according to the current laws and regulations. However, more officials in Jiangwan District are still immersed in old habits. How could they get used to a company sing a counter-tune with the state administrative agency?

What's more, the whole incident involves the loss of land income of up to 400 million yuan in Jiangwan District. Not to mention that Lu Wenzhong holds a grudge against Chen Li, many officials in Jiangwan District think this is something that the Jiangwan District government cannot accept.

Song Jingze and Zhao Feng did not make any clear statements, but Jiangwan District held a meeting of the district party committee standing committee to discuss this matter, and other members of the Standing Committee had no intersection with Xinruicheng. At this time, they all advocated that the district's attitude should be tough. In the end, Lu Wenzhong volunteered to take over the repurchase of the land on behalf of Jiangwan District for the old Dingxin Chemical Plant.

Within a month, Lu Wenzhong led the district staff to enter Pufeng Building twice, and demanded that Xinrui City accept the acquisition compensation agreement proposed by the Jiangwan District Government. Chen Li ignored Lu Wenzhong twice, and did not even let Gao Fengming come forward, but asked Xiao Hua to come forward to deal with the aggressive Lu Wenzhong away.

In June, the original soil restoration project of Dingxin Chemical's old factory stopped, and a batch of engineering equipment was opened to dig artificial lakes and ponds. Lu Wenzhong found relevant land and resources management departments to enforce the law at home, and to stop the garden construction here. Xinrui City's reply was to use seepage method to carry out a new stage of soil restoration. This was approved by the relevant environmental departments of the city in the previous soil restoration application.

At this time, the residential facade decoration of the former Jinchen Garden in Jinchen Yueyuan in the new city has also been launched. All the cheap facade paints are converted into high-end imported gold aluminum plates, as well as all guardrails that can be seen on the facades. The windows are covered with the same gold thickened aluminum plates, so that after all the twenty super-high-rise buildings in Jinchen Yueyuan are built, they can form an overall brilliant golden style, forming a strong and sharp contrast with the surrounding high-rise buildings.
Chapter completed!
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