The Tianyue headquarters was renovated on the basis of the original warehouse, with a total of three floors of office space and six elevators installed. Cao Jiaying came over in the afternoon and stood in front of the floor-to-ceiling window of the book and tea bar on the third floor, looking towards Zhiyun Lake.
It's envy.
After nearly a year of renovation and renovation, the Tianyue headquarters has been fully put into use. There are not many employees in the headquarters, so it is arranged as spaciously as possible. The tea and book bar on the third floor is not particularly large, with more than 400 square meters.
The meter is placed in the northwest corner of the entire building, with the lake on the west side and the lakeside wetland park just invested and built in Qingshan District on the north side.
The wetland park is not particularly large in area. It is mainly built around the mouth of the Shaxi River that flows into Zhiyun Lake. It covers an area of more than 700 acres and is planted with large areas of metasequoia, camphor, yingu and other trees. Autumn has just begun.
It's a lush time.
There are large floor-to-ceiling windows on both sides of the tea and book bar, and there is no obstruction to the view. Zhiyun Lake is only about a thousand acres, but looking out from the height they are at, it feels quite vast.
The office conditions here are much better than the office rented by Muxiang Capital in Caida Entrepreneurship Park. Cao Jiaying walked in and was so envious that she wanted to occupy it. Cao Mo ignored her and asked her to earn the money to change the office.
.
Wu Ruifang and Cheng Xin were also shocked.
Both of them have graduated from the University of Finance and Economics this year. As winners of the "College Student Securities Investment Competition", they already have some investment experience before graduation. In Xinhai, where money is flowing everywhere, financial talents are in short supply.
As a financial capital, there is no need to worry about finding a more stable and high-paying job.
However, they have all decided to stay at Muxiang Capital and work hard for their dreams.
Chen Zhiyu's withdrawal and taking away a small commission of 3 million also made Muxiang Capital almost nothing in the past year or so. However, Chen Zhiyu also gave up the options in his name.
Wu Ruifang and Cheng Xin persisted for a year and each cashed in their 5% stake in Muxiang. Although Muxiang Capital still seems so insignificant, they regard it as the starting point of their life and career.
Of course, they don't have other ideas in mind.
In their view, Cao Jiaying is still a bit immature in all aspects. In the early stage, Cao Jiaying attracted an investment of 20 million and founded Muxiang Capital, which took the dominant position. They participated as partners.
However, in the field of securities investment, even if it is financial management on behalf of clients, 20 million yuan is really nothing.
In addition to Xinhai’s gathering of tens of thousands of wealthy people with billions of dollars, the surrounding provinces of Jiangsu and Zhejiang are also the richest areas on China’s southeastern coast, with countless small and medium-sized business owners.
In addition to continuing to invest the funds in the hands of these people in industrial development and real estate and other fields, many people have the need to enter the financial securities market for diversified investments.
In recent years, Xinhai's private equity and client financial management businesses have developed rapidly. Wu Ruifang, Cheng Xin and others also believe that as long as they can gain a little fame in the industry, it will not be difficult for them to each raise 10 to 20 million yuan in financial management funds for Muxiang Capital.
Therefore, they feel that as partners, their actual shares in Muxiang and the options they can obtain in the next two years are still somewhat small.
In fact, they had long guessed that the original investor, Cao Mo, was close to Cao Jiaying. They also speculated that Cao Jiaying's family was wealthy, and that the initial funds were actually contributed by Cao Jiaying's family.
However, even if they saw Cao Mo and Ge Jun chatting and laughing at the event venue today, they would only think that
The Cao family is a wealthy family with hundreds of millions in assets.
This is enough to become a core user that the top management of Dongjiang Securities is trying to win over, and it is enough for people like Ge Jun to take a high look, sit down and chat with them.
The scale of Dongjiang Securities is very limited. Compared with A-level and above securities companies, the self-operated department is mainly engaged in venture capital. Even if there is a certain threshold for screening customers, the vast majority of customer assets are only a few dollars.
At the level of one million to 10 to 20 million, with assets of hundreds of millions, if you can withdraw 10 to 20 million, you are already a big customer.
For people of Qian Wenhan's level, it was only through Ge Jun's personal charm and connections that he was able to get business for Dongjiang Securities.
Generally speaking, if you can hand over tens of millions to two to three hundred million to the proprietary department of Dongjiang Securities for financial investment, you are definitely a core customer.
If the family assets were larger, they would not be unknown in Xinhai.
However, when they walked into the Tianyue headquarters building and sat at a long table with an indescribable sense of simplicity in front of the floor-to-ceiling windows, hearing Cao Mo talk about the plan to take action against Taihua Group, Cheng Xin and Wu Ruifang knew that they had completely underestimated it before.
The strength of the Cao family.
"Brothers Lu Jiancheng and Lu Jianchao hold 50% of the shares of the listed company Taihua Group indirectly or directly through many related companies such as Xintaihua Investment, and have absolute control over Taihua Group," Cao Mo asked Zhou Han to give Hou Hou
A stack of information was handed to Jiaying and Wu Ruifang, and Cheng Xin introduced the information of Taihua Group concisely, "In the past few years, brothers Lu Jiancheng and Lu Jianchao tried to suppress our development in Kanem by any means. Both parties
The situation has become a fire and water, and I will not let them live happily if I have the opportunity. Now it seems that there is a chance to take revenge. In the past few years, the Lu family brothers have not only directly invested in Kanem through the listed company Taihua Group,
Nearly 300 million U.S. dollars were also raised through the Xintaihua Investment platform and invested in related projects such as Canem's Cornero Marina New City. Not to mention the loans the Lu family borrowed from other channels, they will hold
All the shares of Taihua Group have been mortgaged, and the total debt borrowed from many financial investment institutions such as Minsheng Bank, Huifeng Wealth, Huamao Investment, etc. has reached 1.2 billion yuan. This is the information publicly disclosed by the listed company Taihua Group. You have been in the past
Although we have experienced some confusion for a while, we can be said to be a quite professional team. I now have two questions to ask you: If the A-share market is dragged down further by the spread of the subprime mortgage crisis, how much funds will we need to use before then?
Only by opening a position can we be sure to suppress the shares of Taihua Group below the liquidation line at the critical time? Secondly, is it possible for us to take this opportunity to compete for the controlling stake of Taihua Group? At the same time, do you estimate the maximum need
How much money will be used?”
"Do you plan to launch a hostile takeover of Taihua Group?" Wu Ruifang asked in shock.
The domestic securities market has been developing for some years. However, since the listed companies in the early years were mainly state-owned enterprises, and at the same time, before 2005, most legal person shares were restricted in circulation, and there were very few fully-circulated shares in the true sense, the domestic securities market has declined over the years.
Few cases of hostile takeover have come to light, let alone been successfully implemented.
Cao Mo said that he not only wanted to defeat competitors through open market operations, but even intended to compete for the controlling stake of Taihua Group. Wu Ruifang and Cheng Xin were both shocked, but at the same time they were also faintly excited.
However, theoretically speaking, even if the stock price of Taihua can be suppressed to the liquidation line, the financial investment institutions that loaned money to the Lu family have the right to sell the stocks mortgaged by the Lu family through the open market and use the funds to offset the Lu family's losses.
Default on their loan, but Wu Ruifang and Cheng Xin knew very well that this was only possible in theory, but unlikely to happen in practice.
On the one hand, major financial investment institutions must avoid concentrated selling that may directly penetrate the stock price, which will make it impossible for them to withdraw enough funds to offset the debt previously lent to the Lu family.
Therefore, even if the stock price is suddenly suppressed near the liquidation line through the open market, these institutions will even give the Lu family a certain amount of time to raise additional margin in order to avoid heavy losses.
Even if the Lu family cannot raise funds in a short period of time, in order to stabilize the market and symbolically protect the interests of small and medium-sized shareholders, the securities regulatory authorities will most likely prohibit these financial investment institutions from directly selling Taihua's shares in the open market and require
They find other channels to properly resolve debt issues.
Therefore, there is no possibility of sudden death in Taihua Group in China.
Wu Ruifang is the most mature of the three. She pondered for a moment and said: "Through the open market, we gather funds to build positions, and then conduct intensive operations at news-sensitive points to disrupt the stock price trend and trigger larger-scale selling. This is for us,
It is not difficult. However, even if the actual controller is unable to protect the market, we can successfully suppress Taihua's stock price below the liquidation line, and the possibility of conducting a hostile takeover through the open market is still slim. Whether it is the Securities Regulatory Commission
To avoid uncontrollable heavy losses, departments or financial investment institutions that control mortgage claims will prefer to resolve debt mortgage issues through negotiation. If Mr. Cao is confident, he can directly acquire the mortgaged Taihua from these financial investment institutions.
For stocks, things are very easy. When the time comes, Mr. Cao will only need to spend funds equivalent to the debt, and I believe he will have a satisfactory result."
Cao Mo shook his head and said: "In the past few years, our business has been mainly overseas, and we don't have deep relationships in the country. I'm afraid it will be difficult to have direct contact with these financial investment institutions..."
Where in the country does he have such deep connections?
In order to avoid having any leverage in the hands of the Lu brothers and Han Shaorong in China, he would even ask Jiaying and the others to strictly avoid laws and regulations regarding stock price manipulation during operations.
"If Mr. Cao cannot negotiate directly with lending financial investment institutions, it will be very difficult for him to succeed in a hostile takeover. Mr. Cao, you just said that your relationship with Taihua's major shareholders is very bad, and when it comes to debt disposal, they are still
Those with certain priority rights, even if they are unable to raise additional margin or other corresponding assets, can still find potential buyers on their own and take over the pledge rights of these stocks from these financial investors..."
Cao Mo nodded and said, "That's right. The chips are cheap enough. I don't know how many people are waiting to open their mouths. It's not their turn to eat this piece of fat yet. At this stage, your main consideration is how to use it as much as possible."
With less cost, it is more important to attack the Lu family's vitality, so don't be too greedy for the time being..."
"As the controlling shareholders of listed companies, they can directly see more detailed shareholder numbers, transactions and shareholding records from the exchange. Especially since Xintaihua has mortgaged all the stocks it holds, they will not ignore the abnormality in the stock price.
Fluctuations, so it is almost impossible to use the tractor account to attract enough financing in a short period of time without the cost being too high and without alarming the controlling shareholders,” Wu Ruifang said, “And if Mr. Cao intends to use
The interests of Taihua's major shareholders have been damaged. If you don't care about the extent of the damage to the other party's interests, and have no intention of killing the other party this time, it would be much simpler..."
The hatred in Zhou Han's heart was still lingering, and Cao Mo was worried that if he left this matter to her personally, she might not be able to stay calm at the critical moment. Therefore, Cao Mo had long thought that if he really wanted to do this, he would have to hand it over to her.
Let a team other than Tianyue do it. He originally wanted to ask Ge Jun to cooperate, but he didn't want Ge Jun to accidentally tell the truth in front of Jiaying today...