Zhang Xiaotian seemed to be sure that Fang Yixin would help solve the problem, and he had no intention of interfering here. The text message Chen Li sent to his cousin Chen Cheng never responded to. Chen Li, Zhou Bin, Zheng Wenyuan and others went to Kong Wenzheng's Lotus Club to have tea and chat, talk about the future economic development situation at home and abroad, and talk about the future investment opportunities for the capital they have in their hands.

"As long as the domestic economic development does not have a hard landing and the rapid expansion of the domestic urbanization process does not stagnate, it will still be the spring of real estate development. This is undoubtedly, but we also need to consider short-term fluctuations and local overheating,"

Sitting in the courtyard surrounded by the waterside pavilions of the Lotus Club, Chen Li was smoking Kong Wenzheng from somewhere, with a black pepper smell. According to Kong Wenzheng boasting that more than 4,000 cigars per piece, he talked about his future economic and industrial development.

"The rapid development of urbanization, in addition to the real estate industry, will also promote the large-scale rapid construction of infrastructure, bringing strong demand for construction raw materials and energy. This is something that many people can see in the next few years. As many people can see this, once there is an investment opportunity, a large amount of capital will flow in, leaving us with a huge gap in the future. In addition to paying attention to related investment opportunities in this area, we should focus on the future changes in market demand after five to ten years, after the domestic economy develops rapidly to a certain level. There is a saying in the securities market, 'The bull market has always been the spring of industrial capital harvesting'. I believe everyone has a deep understanding of it in the past year, right?"

"You kid has harvested so much that you can have a full pot of basins. At this time, you came over and laughed at us paupers?" Zheng Wenyuan cursed with a smile.

Those who can sit here and chat and laugh all benefit a lot from this bull market, but there are only more and less.

For Chen Li, the market value of Xinruicheng shares currently held indirectly under his personal name has not only fallen or rises, but also reduces holdings at a high point and cashes out of 10 billion yuan, which is definitely the biggest beneficiary.

It took only three or four years for Xu Yuanzhou and Ding Yang to increase the current 200 million yuan from 200 million yuan to 200 million yuan.

Zheng Wenyuan finally cashed out more than 800 million from Xinrui City and Zhou Bin cashed out 500 million. Kong Wenzheng and others did not make that much profit, but they invested a lot of money, and the final profit scale was more than one billion.

Huang Chaocheng was still not a single penny in 2006 and was almost bankrupt. Now he has accumulated a net worth of 70 to 80 million yuan. In the past two years, Zhao Yang first bought his shares in Jinjiang County Government. He used this fund to buy 10 million shares in Xinrui City's backdoor listing. Then he almost reduced his holdings with Zhou Bin, and invested part of the funds to Chaoying Investment Management Company, a subsidiary of Huang Chaocheng. He worked with Chen Li and Zhou Bin for the past few years, and now he has a small net worth of more than 400 million yuan, so he is naturally qualified to sit here and talk about his life.

From investment in the industry to cashing in the capital market, Xinrui City can be said to be an extremely perfect classic work.

In addition to Xinrui City, Dashang Capital participated in the injection of capital in Qingyuan Water in 2005, which can also be said to be another successful work.

The investment in Qingyuan Water was mainly because in the Liulin River dredging and clean source plan at that time, there was a very necessary water company to invest in the construction of a large sewage treatment plant in the upper reaches of the Liulin River. Qingyuan Water was interested in taking on this project, but it was limited to the shortage of funds. At that time, Dashang Capital injected 200 million yuan of funds into Qingyuan Water for 10% of its shares to solve the shortage of project construction funds.

Later, in order to encourage Qingyuan Water to invest in the construction of a sewage treatment equipment production base in Qingquan, Dashang Capital successively invested 300 million yuan in Qingyuan Water, and held a total of 200 million shares of Qingyuan Water.

Qingyuan Water was successfully listed in April 2007, and its stock price soared to 30 yuan in mid-September, and its total market value once reached 30 billion yuan. Although with the two waves of decline after New Year's Day, Qingyuan Water's stock price was halved and its stock price fell back to around 15 yuan, for Dashang Capital, the investment also increased six times in the three years before and after.

Even if the ups and downs of the securities market are not considered, the market index is likely to fall further according to the current trend. The stocks held by Dashang Capital have a month to pass the lock-up period, which is obviously missing the best window for reduction. However, Qingyuan Water has also increased its net assets to nearly 8 billion in recent years, and its net assets per share have increased to about 8 yuan. This investment by Dashang Capital, calculated based on net assets, has also increased by more than three times.

At the same time, under the leadership of Dashang Capital, Qingyuan Water has placed all equipment production and research and development in Shangdong New District and Qingquan Binjiang New District. Coupled with the development of the upstream and downstream supporting industrial chains, it has also formed a medium-sized industrial cluster with an output value of over 10 billion yuan for Shangdong New District and Qingquan Binjiang New District.

No matter which aspect, Chen Li tried his best to encourage Kong Wenzheng to participate in the investment in the industry with them. As long as he can stand his mind, the investment returns will be quite considerable.

At the same time, Chen Li hopes that the industrial capital managed by Dashang Capital will be more stable and no longer exists in the previous third and fourth phases of real estate investment funds that caused low-level reductions due to investors' overly urgent desire to reduce their holdings. He also wants to persuade core investors such as Kong Wenzheng to convert their holdings of the industrial fund shares in Dashang Capital.

The current net assets of Dashang Capital have increased to 3 billion. According to the previously designed asset management structure, the ultimate asset size can only be limited to about 30 billion, which actually limits the further development of Dashang Capital.

At present, the real estate trust investment fund managed by Dashang Capital has exceeded 10 billion yuan, and the scale of the industrial fund has reached 12 billion yuan. The scale of Zhongda Guanlan Venture Capital exceeds 3 billion yuan, and the total of the three has exceeded 25 billion yuan. In other words, Dashang Capital does not undergo changes or capital expansion, and the space for further raising funds and increasing the management of total assets is already quite limited.

Chen Li persuaded Kong Wenzheng and other core investors to convert some of their holdings of the industrial fund shares into their holdings in Dashang Capital, which will further increase the net assets of Dashang Capital, in order to further raise funds in the future and increase the space for the total asset scale to continue to expand.

Making Kong Wenzheng and others become shareholders of Dashang Capital is also a convenient way for Qingquan's real estate market to be frustrated, and a large amount of overflow capital in the Qingquan coal circle can enter the asset system managed by Dashang Capital.

Over the years, Kong Wenzheng and others' investment in Xinchaorui has been greatly increased in scale and have made extremely profits, but there has been no direct cooperation so far. Chen Li opened a gap in Dashang Capital at this time and was willing to open a 40% capital injection gap at once. Kong Wenzheng and others were also happy to participate.

Moreover, this time Kong Wenzheng and the others did not need to pay out the cash. They just converted part of their fund shares into longer-term and more stable equity investments in Dashang Capital. They will now divide 40% of the equity, and Xu Yuanzhou and Ding Yang will also recognize 5% of the capital injection.

Chen Li talked until ten o'clock on Kong Wenzheng's side, and sent Xu Yuanzhou, Huang Chaocheng and others to the hotel, and then took a bus home. He saw the Ferrari that Chen Cheng had just bought and entered before the New Year in the alley in front of his house.

Chen Li walked into the yard and saw his father Chen Tong, his brother Chen Bing sitting in the living room with Chen Cheng and his second uncle Chen Biao.

"I sent you a text message, but I thought you didn't see it," Chen Li rolled up the sleeves of the sweatshirt and drank a little too much wine at Kong Wenzheng. Seeing that the teacup in front of his father seemed to be cold, he picked it up and fucked it hard, sat down and asked Chen Cheng, "How much money did you put in Wanbang Jialong's place? How was the situation of negotiating with Wanbang Jialong today?"

Chen Cheng sat there smoking, as if he was reluctant to come to Chen Li to help, so he asked him to kick him on the coffee table.

"We released 200 million yuan in Wanbang Jialong. It was just released a year ago. It was agreed to be a one-year debt period. Now I want to take it out. Wanbang Jialong is definitely not happy, but they are willing to come forward to help us do the job of investors, and are willing to help us raise some funds and pay investors' interest. Now things have almost subsided, so there should be no problem." Chen Cheng said reluctantly.

"..." Chen Li shook his head and smiled bitterly.

"Do you think Wan Bang Jialong may have any big mistakes?" Seeing that his son still had a stubborn temper, the second uncle Chen Biao could only ask Chen Li directly, Chen Bing, "Chen Cheng and the others are doing well, and suddenly they have such a big mistakes. Your second aunt and I haven't had a good sleep these days."

"What exactly happened to your company? It was not good around New Year's Day, and Wanbang Jialong can pay interest at present. Even if the stock market was bleak during this period, it would not be like this. Have you borrowed money again after the New Year and leveraged and invested money into the stock market?" Chen Li was a little drunk at this time. If it were someone else, he would have patted his butt and went upstairs to sleep, but he still had to ask a few more questions on Chen Cheng's side.

Chen Cheng was still unwilling to speak. Chen Biao knew the situation more clearly, so he said it all.

Zhang Xiaotian and his team suffered a wave of decline before the Spring Festival, and their losses were not serious. They invested 50 million yuan and kept almost 150 million yuan in their hands before the Spring Festival. However, in less than half a month, they spit out 80 million yuan in profits. Zhang Xiaotian was not willing to accept it. Moreover, he believed that the stock market would have a limited pullback, and there would inevitably be a relatively decent rebound in the future.

In 2006 and 2007, Zhang Xiaotian and Huang Chaocheng and Xu Yuanzhou, a private equity investor in the same circle, had some contact with domestic Zaochu and Huang Chaocheng and Xu Yuanzhou. After the Spring Festival, they cooperated with one of the private equity firms and joined forces to build positions in a small-cap listed company called Chuangxing Co., Ltd.. Zhang Xiaotian not only invested 150 million yuan in hand, but also borrowed nearly 200 million yuan in high interest rates through the connections of his father Zhang Hua, his father-in-law Qi Hong and Chen Biao, and raised the stock price.

The stock market fell sharply during this period. After Zhang Xiaotian and the others joined forces with the private equity firm to double the stock price of Chuangxing Co., Ltd. since the beginning of the year. But on this Monday, they had just agreed to another new high with their partners and began to reduce their positions together. However, Chuangxing Co., Ltd.'s stock price went directly to the market as soon as it opened.

Zhang Xiaotian and the others didn't know what was going on at first, and even used all the remaining funds in their hands to support the stock price, but they couldn't stop the limit. They dragged it until after the closing, they waited for the Dragon and Tiger List to come out, and only then did they know that the partner had smashed the market in advance and shipped the goods.

Then this week, they took all their positions and suffered five limit downs, with their account assets from the highest of 500 million to about 250 million.

Although Zhang Xiaotian and his stock market book assets plus external loans totaled 500 million yuan, on Monday, they had to pay the investors' interest as planned, but they only had to make up eight million yuan, which was a gap of eight million yuan, resulting in more and more investors coming to collect debts, which eventually led to this afternoon.

Chen Li curled his lips, but he didn't expect that he wouldn't have much contact in the past two or three years. Zhang Xiaotian, Cao Lin, Fan Hongwei, Chen Cheng and others made such a big mess, and it was no wonder that the bright red Ferrari drove around the streets.

Wanbang Jialong would not repay the 200 million debt in advance, but in the afternoon, he contacted another financial company and borrowed 8 million yuan to pay the interest arrears and help Zhang Xiaotian and the others deal with it.

After all this trouble, most creditors felt guilty. In addition to the interest, they also wanted to get the principal back. Because Zhang Xiaotian finally bet on a batch of loans, they almost all borrowed from Zhang Hua, Qi Hong and people in Chen Biao's circle. At this time, Chen Biao's family still had more than a dozen people, thinking about taking the principal back in advance.

Chen Biao pulled Chen Cheng over and chatted with his father Chen Tong and Chen Bing for a while. Chen Li saw his brother Chen Bing take down his notebook. At this time, he was opening the stock page of Chuangxing Co., Ltd., so he turned around to look.

Chuangxing Co., Ltd. is a listed company in Luocheng that produces electricity storage and energy storage materials. Its net assets are around 1.12 billion yuan. Although Chuangxing Co., Ltd. was listed very early, nearly 60% of the legal person shares held by the major shareholder have just obtained circulation rights through the equity split reform plan. It is still in the lock-up period for public share reduction. The highest circulating market value is only 2 billion yuan, and it has fallen to about 1.2 billion yuan, which is indeed the best control target in the eyes of the dealer.

"Do you think Wanbang Jialong will make any mistakes?" Chen Biao asked again.

"I passed by Xiliuyuan Road in the afternoon and sent a text message to Chen Cheng. No matter what method is used, I must withdraw the funds from Wanbang Jialong as soon as possible," Chen Li said. "I have the same opinion now. Withdrawal from Wanbang Jialong, I have relatively sufficient funds to open the limit down of Chuangxing Co., Ltd. and bear a loss of ten points. I can almost rescue the funds trapped in Chuangxing Co., Ltd. - As for whether Wanbang Jialong will be out of trouble, I will go upstairs to get some information for you..."
Chapter completed!