321. Changes in micro-heavy banks (supplement No. 20)
The living room has a ceiling of 6.7 meters and a bay of 7.2 meters, which is very spacious.
There is a 270-degree open view to the west and north.
Sitting in the living room, you can overlook Danan Mountain and Qianhai Free Trade Zone. The location is considered the best in Pengcheng.
The sofa set in the living room comes from the Italian fashion brand b&b.
The furniture used in the several villas Chen Dongcheng bought before were all from B&B, with fashionable and avant-garde furniture and beautiful lines.
The sofa is formed in one piece and will not deform in ten years.
As for the price, owners who can afford the Jiurongtai villa in Hanking will basically not care about the price of the B&B.
Chen Dongcheng introduced to Song Meng as he walked, especially the kauri shell shirt table in the restaurant, which is one of the biggest highlights of the villa.
The so-called kauri is the oldest tree in the world that was formed during the Ice Age 50,000 years ago.
After being submerged and sinking into the mire, it has experienced vicissitudes of change, changing from amber to golden pink.
It is then combined with acrylic and polished to retain and reveal its texture and golden luster to the maximum extent.
Its texture is left fine, hard and highly elastic.
Of course, the price of this table is definitely not cheap, a full 600,000 yuan.
“This dining table costs 600,000???”
Song Meng pointed at the dining table and opened her mouth blankly.
"Is it expensive?"
Chen Dongcheng smiled and nodded: "It's okay, I'll show you something good."
Song Meng was dragged to the second floor by Chen Dongcheng. There was an L-shaped swimming pool on this floor, and there was a table with a dark green top next to it.
It looks like a perfect replica of a seabed on Earth, with the wood forming a geological cross-section of the ocean.
Thick layers of glass form a blue shallow sea and a mysterious, imaginative abyss.
Song Meng knew at a glance that it was not cheap, and asked tentatively: "Is this table expensive?"
"It's a little more expensive than the kauri just now."
Song Meng would not believe Chen Dongcheng's words even if they matched every punctuation: "How much is a little bit?"
"This is called the Abyss Table. It's a very interesting design. It's a 700,000 table. I like it very much."
The design of this table is inspired by "When you stare into the abyss, the abyss also stares into you."
Song Meng was completely speechless. How could this person in his family be so wasteful?
A desk with no apparent use is worth 700,000!
Chen Dongcheng touched the table. As a creative replica of the earth's seabed, the production alone took more than two months.
As the saying goes, a thousand dollars cannot buy a good heart.
As long as you like it, how much money you spend is secondary.
After walking around, Song Meng really liked it. It could be seen that the design of the villa was done by famous designers.
"How much does this villa cost?"
Song Meng already had a vague answer in her mind, but she was still a little unsure.
"150 million. The decoration is done by top international designers. In addition, this villa is on the end of the house. Its area is almost as big as the other two townhouses put together."
Generally speaking, Tuantou villas are more expensive.
No matter the lighting or area, it is better than other villas.
If you are not short of money, you can definitely choose the terminal.
Chen Dongcheng handed the real estate certificate to Song Meng and motioned for her to open it and take a look.
"Why do I write my name on the real estate deed?"
Song Meng took a look, a little puzzled.
Chen Dongcheng smiled and said: "I bought a set for Manting, so naturally I can't miss yours. The price is generally about the same, and the area is also very similar."
"So, you are planning to strike a balance?"
Song Meng said angrily: "When you first saw Sister Manting, I knew you must have evil intentions."
Chen Dongcheng pretended to grab the real estate certificate: "Then don't forget it, I will change it later."
"No."
Song Meng put it into her bag as if it were a treasure, and said proudly: "Sir, please go out first, this is my home."
"Haha, really?"
Chen Dongcheng thought that it would not be too late to teach her a lesson later, so he first took Song Meng to the master bedroom suite on the fourth floor of the villa.
The suite is 7.2 meters wide, and light strips are installed under the TV cabinet and bed, making it seem like they are floating above the lights.
The entire bedroom will take on a fashionable and futuristic feel at night.
“This cloakroom is so beautiful!”
Song Meng stared at the cloakroom without blinking, obviously amazed by the luxurious cloakroom.
Chen Dongcheng glanced at the cloakroom and said casually: "That's Porro, known as the king of quality in the cloakroom world."
Seeing the dressing room of the master bedroom, Song Meng suddenly felt that the house on the west bank of the mangrove was so low.
Song Meng was staring at the cloakroom in a daze when she suddenly noticed Chen Dongcheng's actions and slapped Chen Dongcheng's hands away: "What are you doing?"
"Dry."
…
Not to mention, the Italian lago classic floating bed with glass legs is quite special.
I won’t describe the details of why it’s so special, it’s already clear after you buy it.
Song Meng's time is also very tight. She works during the day and has to go to class at night or on weekends.
However, after almost a year, Song Meng has become accustomed to this kind of life.
Being picked up and dropped off by Chen Dongcheng every day for the past two days, anyone can see the sour smell of love on Song Meng's body.
At the beginning, there were many elites in her class, and some of them had some thoughts about her.
In the workplace, it is really rare to see a beauty of Song Meng's level.
There are people asking for help every day. It's not good to refuse, and it's very annoying if you don't refuse.
As Chen Dongcheng picked up and dropped off for several days, Song Meng found that all the annoying flies around her had finally disappeared.
At the end of get out of class every day, the Bentley Mulsanne parked at the door told those self-proclaimed elites that Song Meng was not something they could seduce.
Being able to get admitted to Peking University Guanghua MBA depends on your connections or outstanding abilities.
At least IQ isn't too lacking.
Such an obvious demonstration, they naturally understood the meaning behind it.
…
Tianxia Jinniu Plaza.
Weizhong Bank Headquarters.
Cao Tong held a board meeting and all directors attended.
Chen Dongcheng happened to be fine, so he didn't send an agent to come forward.
“Thank you to all the directors for taking time out of your busy schedule to attend the board meeting.
Let me tell you something next. As the business of our Weizhong Bank is developing faster and faster, our capital is beginning to be insufficient.
Therefore, I hope to conduct a round of private placement financing and gain the approval of all directors."
Chen Dongcheng sat in his seat and calmly observed the expressions of the other directors.
Lin Jinghua, who represented Tengxun, looked very calm.
For Tengxun, Weizhong Bank will never let go.
If it were not restricted by domestic policies, a single shareholder is not allowed to exceed 30% of the shares, so there would be no chance for other companies to share the shares.
Lin Li, who has a lot to do with the Kang'an Department, seemed a little hesitant and asked: "Cao Xing, how much do you plan to raise for this private placement financing?"
"Initially, we plan to raise US$400-500 million. Director Gu and I agree on this."
Cao Tong said and looked at Gu Min, who nodded in agreement.
As the boss of Kang'an Department in Weizhong Bank, it was inevitable that he and Cao Tong had some problems with each other.
There is no room for two tigers in one mountain, and Cao Tong could not bear to see the Kang'an clan monopolizing power.
For the sake of my right to speak, I will inevitably have disputes with Gu Min.
Relying on Chen Dongcheng's previous ideas, Cao Tong gradually established his authority within Weizhong Bank.
In any case, behind Cao Tong stands Chen Dongcheng, a major shareholder with the same equity ratio as Tengxun.
"$400-500 million?"
Lin Li frowned and asked, "Is this too much?"
"Director Lin, this is not much at all. You should know how difficult it was for us before.
In the early days of the company's establishment, we suffered serious losses.
The cost of personnel expenditures and projects have never been capped.
We need to raise funds to make up for these losses."
Lin Li nodded: "I know all this, and I have seen your accounts, but these losses of 500 million are astronomical."
Zhu Baohua and Lin Li of Baiye Yuan both hold 20% of the shares.
If the financing was issued in the same way as Weizhong Bank, he and Lin Li would have no choice but to accept that their shares would be diluted.
This was something neither he nor Lin Li wanted to see.
Cao Tong was not anxious at all and said with a smile: "Director Lin, Director Zhu, you two may have overlooked a problem.
Take our current most mature flagship product “Weilidai” as an example.
Our main sources of lending funds are inter-bank lending and cooperative lending.
The former's capital cost is more expensive than deposits, while the latter's cooperative banks enjoy most of the benefits.
In addition, the initial provision balance of the business is large, so it is difficult for us to talk about earnings."
Zhu Baohua and Lin Li looked at each other. They both knew that cooperating with other banks to lend money and collect interest was Cao Tong's famous work.
Tengxun does not look at the process, only the results.
Cao Tong's proposal not only allowed Weizhong Bank to break through the suppression of traditional banks, but also explored the possibility of profitability.
This is very important to Tengxun.
Cao Tong continued: “In addition, the provision coverage rate of our micro-loan project is as high as 2,000%.
This is due to both prudent risk control reasons and the requirement that the loan-to-lending ratio should not be less than 2.5%.
These are all reasons that force us to raise external financing and increase capital."
Zhu Baohua and Lin Li frowned even deeper.
Every word Cao Tong said was not adulterated at all.
As a shareholder, everyone hopes that Weizhong Bank will develop better and better.
After all, it means a greater return on their investment.
Lin Jinghua coughed lightly and asked: "Cao Xing, please tell me the number of this round of financing. We at Tengxun will fully support it and keep our shares unchanged."
Cao Tong smiled calmly and said: "I discussed this round of financing with Director Gu.
It is more appropriate to set the valuation at US$5 billion, and plan to raise US$400-500 million externally.
Among them, Temaxi and Warburg Pincus are more interested in us, and we are only waiting for the review by the regulatory authorities before formal negotiations can begin."
Chen Dongcheng spoke for the first time: "With all due respect, it is difficult for foreign-invested PE companies like Temax and Warburg Pincus to pass supervision. We need to make other preparations."
Everyone's eyes immediately turned to him, with inquiry, curiosity, and fear in their eyes.
Seeing that Chen Dongcheng is so young, he can be on an equal footing with them.
The most important thing is that they have no idea how much wealth Chen Dongcheng has.
It seems that everything behind Chen Dongcheng is a mystery.
The information they could find seemed to have been carefully compiled and presented to them.
"In addition, I hope to keep the shareholding ratio unchanged this time like Tengxun."
After Chen Dongcheng finished speaking, the atmosphere in the conference room suddenly changed.
Everyone had different thoughts, and Gu Min looked a little ugly.
He is not a fool. Chen Dongcheng is obviously a little alienated from their Kang'an clique and is closer to Cao Tong.
Lin Li and Zhu Baohua, as big bosses who have been famous in the business world for many years, are very dissatisfied with this young man.
After working together with them for a lifetime, why not be as generous as a young man?
Cao Tong breathed a sigh of relief. As long as he hugged Chen Dongcheng's thigh, no matter the Kang'an or Tengxun department, he would give Chen Dongcheng face.
After all, Chen Dongcheng's shareholding ratio is no less than that of Tengxun.
Although Chen Dongcheng is not interested in the struggle for power within Weizhong Bank, it does not mean that they can fool him together.
This is also the reason why Chen Dongcheng supported Cao Tong.
He needs to have a pair of eyes inside Weizhong Bank so that he will not be deceived by the cooperation of others.
“Since both Director Chen and Director Lin are willing to follow up, I will formally apply to the regulatory authorities.
We are issuing an additional 1.2 billion shares this time and hope everything goes well."
Cao Tong made the final decision, and no one had any objections.
No matter how dissatisfied Lin Li and Zhu Baohua were, they couldn't afford the money and didn't recruit anyone.
As for the regulatory authorities, it was no surprise that they rejected Weizhong Bank’s application.
After that, several RMB PEs began to contact Weizhong Bank.
Cao Tong understood the above meaning very well and gave up the plan to introduce foreign PE.
The initial planned financing of US$500 million naturally came to nothing.
The result of the discussion was that the private placement financing was 1.2 billion, and the post-investment valuation was 32 billion.
Among them, Chen Dongcheng and Tengxun each invested 365 million, keeping their 30% shares unchanged.
Lin Li and Zhu Baohua chose to accept dilution and introduced several external RMB PEs.
After this round of financing was completed, Weizhong Bank officially announced the news.
The success of the financing really shocked the public.
Many netizens are always paying attention to the latest developments of Weizhong Bank.
Many of them have applied for Weili Loan, and they still have some expectations for the amount of Weili Loan.
Some are happy and some are sad. Chen Dongcheng is naturally satisfied with the soaring valuation of Weizhong Bank and has nothing to say.
The current valuation of Weizhong Bank has increased more than ten times compared to when it was launched.
In one year, the return will be tenfold.
Chen Dongcheng is well aware of the prospects of Weizhong Bank, so he will not be stingy in investing funds in a short-sighted manner.
At this time, protecting your own shares is more important than anything else.
In Cao Tong's office, President Cao Da, who was well-known outside, was pouring tea for Chen Dongcheng with an attentive look on his face.
"Dr. Chen, your follow-up this time is so crucial, otherwise my life would be very uncomfortable, Mr. Cao."
Chen Dongcheng smiled: "Who doesn't know Cao Bank's ability now? By cooperating with other city commercial banks, you caught the Kang'an Department off guard."
"No, it's just to refresh their memory a little. I, Lao Cao, am not a soft persimmon."
Cao Tong waved his hands modestly, but his face was still a little proud.
"But you can't be careless and find the right opportunity to kick out some of the senior officials from the Kang'an department."
Chen Dongcheng took a sip of tea and asked: "You should have friends who are suitable for micro banking business, right?"
"Definitely. Now that Weizhong Bank is developing so well, many of my friends are a little excited.
Although the system is good, there are many worries and it is not as comfortable as making money like us."
Cao Tong is obviously not a vegetarian and has prepared a list of candidates early.
"Well, after a while, the new shareholders have stabilized, and you can find a reason to get rid of the two Kang'an people."
Chen Dongcheng said lightly.
Cao Tong understood, and a sly smile appeared on his face: "Don't worry, I guarantee that the reason I chose will make Gu Min speechless."
Those who have gotten through the system are good at playing these games.
Cao Tong had collected some evidence before, but he had never been willing to use it.
I was powerless and isolated before, so what’s the use of being exposed?
But it is different now, with outstanding performance and the support of shareholder Chen Dongcheng.
Cao Tong really wants to try the quality of the Kang'an series.