The elevator in Dongshan Hotel is not big, Chen Li and his team went downstairs in two parts, Xu Yuanzhou, Zheng Wenyuan, Zhou Bin, Ye Nanjia, Zhao Chen and others sat in one part, Chen Li held Xixi's little hand and sat in one part with He Yanbin and He Wan.

Seeing Chen Li holding Xixi's little hand and standing in the same elevator with He Yanbin, He Wan and his daughter, Fang Yixin was also a little stunned. When Shan Fuming just received a call from Xu Yuanzhou, he knew that Chen Li was in Luocheng today, but he didn't expect to meet him directly at the elevator entrance inside the Dongshan Hotel.

He Wan wore a tender yellow dress today, with long hair like a black waterfall hanging behind her shoulders casually. Although she was three or four years older than Chen Li, her fair skin showed a girlish luster. She was the brightest and charming age of a woman. She held Xixi's small hand with Chen Liyi, as if the family of three had brought her father-in-law to have a meal. Even Fang Yixin had already gotten married and had children. Seeing this scene, the corners of her mouth couldn't help but twitch.

"...Take Xixi out for dinner?" Fang Longmao suppressed the surprise in his heart, and nodded and greeted He Yanbin with a calm expression.

No matter how deep the grudges between them are, he is Xixi's biological grandfather. Although he once thought about robbing Xixi's custody, he later saw that Xinchaorui had made such a large scale. As the chairman and president of Xinchaorui Real Estate, He Wan could not let him succeed. He gave up such an idea, but he would still take Xixi over and stay for two days every now and then.

He Wan didn't want to leave any shadow on Xixi's growth process. As long as Fang Longmao's intention to compete for custody and custody was not a good idea, she would not stop Xixi from being taken away for two days. She would even send some holiday gifts during festivals.

After all, her former lover was Fang Longmao's only son.

Shan Fuming from Luocheng Department Store saw Chen Li standing in the elevator and wanted to dig a crack and bury himself, but he had already hit him directly. It was impossible to hide. He smiled and said, "What a coincidence, Mr. Chen and Mr. He are also at the Dongshan Hotel. I just received a call from Mr. Xu and found out that Mr. Chen is also in Luocheng. But today I have drunk a lot of alcohol with Mr. Fang. I am not forgiving people at age and can no longer drink. I am afraid of being embarrassed in front of Mr. Chen, so I thought of making a special trip to Pujiang to visit Mr. Chen in two days..."

"The elevator is still empty!" Chen Li took Xixi's little hand and shrank in with He Wan, giving up enough space to allow Shan Fuming, Fang Longmao, Fang Yixin and others to come in, as if they believed Shan Fuming's words, and they didn't mind Shan Fuming's lies just now.

Seeing this, Shan Fuming, Fang Longmao, and Fang Yixin could only walk into the elevator with their teeth.

At this time, Xu Yuanzhou, Zheng Wenyuan, Zhou Bin and others had already got off the elevator and were waiting in the lobby.

Xu Yuanzhou is not as good as Chen Li. When he saw Chen Li and Shan Fuming and Fang Longmao and others walked out together, he changed his face and said sarcastically: "I am really simple. I just now really believe that Mr. Shan is not in Luocheng today - which company Mr. Shan finally signed an agreement with? This is what Mr. Shan is happy with. We cannot force Mr. Shan to tie Mr. Shan. We must sign with Xinchao Rui. But if there is something, Mr. Shan must hide it and use this clumsy lie to deceive our sincerity? I thought Mr. Shan is always in love with me!"

Xu Yuanzhou is not stupid. If Shan Fuming had some other reason today, he would not have dealt with them with such lies at all. With the current situation, Fang Longmao and Fang Yixin would have offered better conditions and would make Shan Fuming more willing to cooperate with Fang Longmao and Fang Yixin.

Shan Fuming explained these clearly, but there was nothing in fact.

Originally, the backdoor listing was to stay if it was merged, and if it was not merged, it would be apart. Chen Li might not necessarily have to borrow the shell of Luocheng Department Store. At this time, he was also discussing with several other backdoor candidates. In the end, he would comprehensively weigh the trade-offs and choose the one with the most suitable conditions to sign the agreement.

However, Shan Fuming did not explicitly reject this side, and the two sides were still in the negotiation process, so they dealt with them with such perfunctory attitude, which made Xu Yuanzhou feel annoyed and hurt his face - he personally helped to build the bridge with Luocheng Department Store.

After being scolded by Xu Yuanzhou with a sarcastic reprimand, Shan Fuming could only stand there with a sarcastic expression on his face. He could be said to be a local snake in Luocheng, but after leaving the ground of Luocheng, he knew that Xu Yuanzhou was the real person with energy, not to mention Chen Li, who was smiling but not smiling, was a person he didn't want to offend directly.

"Mr. Shan has drunk too much today and wants to go back early to rest. He can't blame him - we have to stay in Luocheng for a few more days, so we don't have to worry about not having a chance to meet him," Chen Li smiled calmly at Xu Yuanzhou, but when he said this, he didn't look at Shan Fuming. Seeing that the driver was about to drive to the lobby, he took Xixi's little hand and said to her, "Xixi said goodbye to your grandfather, we'll go back first."

Seeing Chen Li and the others getting into the car and leaving one after another, Fang Longmao, Fang Yixin and Shan Fuming were in a complicated mood accompanied by their entourage.

Fang Longmao does not have to compete with Xinchaorui, but the shell resources they can find are really limited.

There are only 47 listed companies in the entire Central Plains Province, and only seven have the demand for asset restructuring in performance declines, among which Luocheng only has the shell resources of Luocheng Department Store.

All shell resources are watched by many backdoor companies. Fang's family does not have particularly strong industries, and the conditions for negotiations are limited. At present, it still maintains a strong influence in Luocheng. So even though I know that Xinchaorui has been in contact with Luocheng Department Store for half a year, I have been gritting my teeth and intervening in to grab this shell resource.

At this time, Xinchaorui was too powerful and avoided being alarmed. Their negotiations with Shan Fuming have always been under extremely confidentiality, but they did not expect to bump into them so unexpectedly today. Moreover, Shan Fuming told a lie that they were not big or small, and they had no chance to cover it up.

If it weren't for the secret backdoor negotiations and being a prominent figure in Luocheng, Shan Fuming would have had a meal with them, and it would be necessary that he would not dare to go with Chen Li. Xu Yuanzhou and the others knew about this?

"There is nothing to worry about. I believe that our conditions should be more beneficial to you, Lao Dan." Fang Longmao patted Shan Fuming's shoulder and comforted him.

Everyone took a bus to He Wan’s house in Luocheng to have tea, but they were still angry when they mentioned Shan Fuming.

"Does the Fang family want to install Fanglong Real Estate into a listed company?" Zheng Wenyuan asked in confusion when he saw Xixi asking her grandmother to take her upstairs to sleep, then took out a cigarette from her pocket and distributed it to everyone.

Everyone also leaned towards Zheng Wenyuan's judgment. In 2008, Qingquan City sorted out the chaos in the private lending market, and Wanbang Jialong's three-party joint venture could barely survive, but it was only a barely force.

Currently, the apartments and residential buildings in Qingquan Xinrui City are only a little over 5,000 per square meter. The supporting facilities around Wanbang Jialong Riverside New City are not as good as the city government's insufficient financial investment, so many of the planned supporting projects have been cut off. As a result, Wanbang Jialong Riverside New City can only increase sales by reducing the housing prices to less than 4,000 per square meter.

This has basically all the profits they earned in Wanbangjia Longjiangwan New City into Wanbangjia Longjiang Riverside New City.

Among Wanbang Jialong’s three joint ventures, Wanbang has a great family and a great business. As long as Wanbang Jialong’s two projects do not cause huge losses and can clear the capital, it is not a problem, but Mu Zhirong and Fanglong Real Estate are not that good.

Most of their capital invested by Wanbang Jialong is borrowed through high interest rates. Once Wanbang Jialong does not make a profit, they will have to pay a large amount of interest every year.

Mu Zhirong's side has seriously affected the development of its main business. Specifically for the two major shareholders of Fanglong Real Estate, the Fang family has strong assets in Luocheng, and Gao Junmeng was forced to sell its shares in Fengyuan Group to Dashang Capital last year.

The subsequent equity of Fanglong Real Estate was adjusted again, and Gao Junmeng's shareholding in Fanglong Real Estate was reduced to 25%, while Fang's family will install some profitable local projects in Luocheng into Fanglong Real Estate, increasing its shareholding to 75%. However, even so, Fanglong Real Estate does not have the qualification to go public directly. If you want to obtain financing channels and other operating space in the secondary securities market, you can only take the backdoor market.

"What kind of high-quality assets is Fanglong Real Estate? Can the Fang family still spend 1.2 billion to buy the shares in Fuming directly?" Xu Yuanzhou asked back in an unhappy mood.

"I don't know if Han Zirui has participated!" Zheng Wenyuan frowned and said.

Although Wanbang Real Estate's current market value has rebounded to more than 80 billion, the Han family and Zheng family have reduced their holdings too much in the early stage. At this time, the equity in Wanbang Real Estate is relatively low, corresponding to a market value of less than 15 billion. As the president of Wanbang, Han Zirui has fulfilled all the equity incentives in recent years, and holds less than 1% of the shares in Wanbang Real Estate.

Han Zirui secretly participated in Fang Long Real Estate's backdoor acquisition of Luocheng Department Store in exchange for part of his personal shareholding, and then drilled into some of the high-quality projects to which Wanbang belongs to, and transferred the benefits. The benefits he could get were definitely much greater than what he gained from being the president of Wanbang.

"What's so annoying about this? Is there any righteousness in the business that cannot be done? Could it be that I really have to force Shan Fuming to sign a contract with us?" Chen Li looked at Zheng Wenyuan, and Xu Yuanzhou looked angry and said with a calm smile.

"You're really not angry at all?" Xu Yuanzhou stared at Chen Li and asked.

"What's so annoying? I'll have to stay in Luocheng for a few days? Maybe Dan Fuming will change his mind in two days and come to us to discuss cooperation again?" Chen Li said with a smile.

"How can he ask him to come here on his own initiative?" Xu Yuanzhou asked.

"If you don't take action tomorrow Monday, I will let you push Luocheng Department Store to the daily limit when the market opens, so that they can enjoy it." Chen Li said with a smile.

"..." Xu Yuanzhou considered how much impact Chen Li's approach would have on the cooperation between Shan Fuming and Fang Yixin. Backdoor listing usually first gains control of a listed company. However, if the additional issuance of new shares and the relevant assets will be directly replaced into the listed company, it is considered a complete backdoor process.

At this time, the most important thing is to price the additional issuance of new shares.

Because the value of the assets placed is fixed, the price of new shares is high, and the shareholding ratio that can be obtained in the future is low. This is definitely not what the backdoors want to see. Therefore, it is very necessary to pass the secondary market and stabilize the stock price at a certain level before the backdoor is acquired.

Generally speaking, after the asset restructuring, the new controlling party must maintain its holdings above 60% to be considered relatively successful in backdoor acquisition, and then it can leave enough room for subsequent additional issuance financing, share allocation, etc., but if they directly double the share price of Luocheng Department Store before Fanglong Real Estate acquires a backdoor, even if Fanglong Real Estate successfully acquires a backdoor, the shares held may reach 40%. They have spent such a great success, what is the point of borrowing this shell? It is just to find a channel to sell Fanglong Real Estate and exit the previous investment?

You should know that the stock market's temporary rise after the backdoor acquisition is meaningless to Fanglong Real Estate. After all, the controlling shareholder's holdings have a long lock-up period, and during the lock-up period, they can only watch Chen Li, Xu Yuanzhou and others playing with the stock price.

"But it's still hard to say. Fanglong Real Estate's situation is not good. It's better to be able to borrow a backdoor than not. Even if we raise the stock price, maybe they will bite the bullet and borrow a backdoor." Zheng Wenyuan said.

"The Luocheng City Government is looking for a buyer to sell its shares in Luocheng City Commercial Bank?" Chen Li said, "You can stay with me in Luocheng for a few more days and let's talk about this matter after we have settled it."

"This method can be tried." Zheng Wenyuan said excitedly.

One important reason why Shan Fuming was eager to sell his shares in Luocheng Department Store was that in 2006 and 2007, he bought a large piece of land under his private name to develop the property. The land payment and construction funds were mortgaged by him in Luocheng Department Store and borrowed from Luocheng City Commercial Bank.

In addition to Shan Fuming, Fanglong Real Estate also borrowed large amounts of funds from Luocheng City Commercial Bank.

If they can gain the dominance of Luocheng City Commercial Bank, whether they put pressure on Shan Fuming, they also remind Fang Longmao that they have enough means to make their backdoor plan fail.
Chapter completed!