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Chapter 396 Capital Injection

"What's wrong? Which little lover sent you a text message and made you laugh so weirdly?"

Cheng Xi took a towel and wiped his hair that was soaked by the rain. When he saw Cao Mo sitting on the bed and looking at his phone with the corners of his mouth raised, he asked curiously.

"The fish has bitten the hook!" Cao Mo looked very guilty and turned over his phone to show Cheng Xi the four words Zhou Han had just sent.

"Fish, what fish?"

"Of course it's the big fish we've been fishing for for so long!" Cao Mo said.

At night, Cao Mo walked back to Tianzifang after going to watch a movie with Cheng Xi, but he didn't expect that the weather was cloudy and sunny, and when he passed by Xikang Road, a heavy rain fell without warning.

Cheng Xi had the key to Yu Jing's house. Without waiting for the bodyguard to drive over, they ran directly to Yu Jing's house to take shelter from the rain. However, the rain was so strong that within a short time, their coats were almost soaked through.

.

Yu Jing and Chen Chang went somewhere, and they haven't come back yet.

After entering the house, Cao Mo took off his coat, and Zhou Han sent a text message. Cheng Xi went into the bathroom to get a towel to wipe her wet long hair.

Cao Mo's coat was thicker and the clothes underneath were not wet, but Cheng Xi wore a thin suit jacket tonight. When she took off her coat, the rainwater seeped into the lace shirt she was wearing underneath.

The trousers she wore were also half wet, and the shirt and trousers clung to her exquisite body, outlining moving lines:

Her pert breasts, slender waist, slightly raised round buttocks, and smooth belly were not particularly sexy. However, she was surprisingly charming at this moment. What fascinated Cao Mo even more was her dark wet hair.

The white and flawless little face is highlighted, with bright eyebrows, a straight nose, and red lips that are slightly pursed.

Cao Mo threw the phone aside, stood up and put his arms around Cheng Xi's waist, pulling her into his arms.

"What are you doing? Yu Jing and the others will be back at any time?" Cheng Xi glared at Cao Mo, but was unable to push Cao Mo away.

"Your inner clothes are all wet. Why don't you take them off and let them dry, or I can dry you to avoid catching a cold." Cao Mo lowered his head and kissed Cheng Xi's lips.

"Well, don't make trouble, don't..."

Finally thinking about Yu Jing and Chen Chang would be back at any time, Cheng Xi didn't ask Cao Mo to press ahead. The two made out for a while and then neatly packed up and sat on the tatami in front of the window sill to chat.

Cao Mo talked to Cheng Xi about what he had been doing non-stop for the past three or four days after returning to China. In addition to greeting him at the airport, it was only now that he could spare time to watch a movie with Cheng Xi.

"It's really non-stop, can't you give yourself a break?" Cheng Xi asked Cao Mo, holding his little face that was still a little hot and resting his elbows on the low table.

"Others are greedy, but I am fearful; others are fearful, and I am greedy. Who is to say this?" Cao Mo stretched and said, "If the subprime mortgage crisis continues, Tianyue's profits this year and next may be greatly affected.

There will be no impact, but don’t worry about losing money. At this juncture, of course you have to think about spending all the remaining money as soon as possible..."

Cao Mo had long realized that the mobilization and administrative execution efficiency from the central to local governments in China was much higher than that in foreign countries.

He estimated that in the face of the spreading economic crisis, the speed and effectiveness of domestic economic stimulus measures may be faster than those abroad.

This is not Cao Mo's delusion.

Facing the surging economic crisis, Europe and the United States have already taken some targeted measures [5200], but the results are not great and they have not been able to curb the spread of the crisis.

Domestically affected by the subprime mortgage crisis, the foreign trade, shipbuilding and other industries are currently suffering serious setbacks. The property market is affected by the central bank's tightening of monetary policy and the lack of capital injection in the market. Therefore, the country has not yet introduced large-scale stimulus measures, but there have been

A large number of economists and experts are calling for it, and many people are looking forward to it.

Ding Zhaoqiang had insisted on not letting go, hoping that the central bank and major financial institutions could relax monetary policy in time. As long as Dongsheng Real Estate could complete the payment of short-term debts, it would be able to survive this disaster.

Unfortunately, Dongsheng's short-term debt obligations are too intensive and excessive, and the time left for them is too short. However, they dare not bet that the country will fully relax its monetary restrictions before the end of October.

However, Cao Mo, who has cash in hand, has enough time to wait for the country to introduce economic stimulus policies to cope with the severe foreign trade situation that may lead to negative growth.

Therefore, Cao Mo immediately returned to China to promote the acquisition of Huachen Pickup's assets and inject capital into Dongsheng Real Estate.

Although Dongsheng Real Estate will still be under great debt pressure after receiving their capital injection, and the debt ratio is still close to 70%, it has finally recovered.

Next, Cao Mo made two preparations:

First, the speed and effectiveness of domestic economic stimulus measures are slower than expected. Then he and Qian Wenhan will faithfully abide by their commitments and continue to find ways to continue to provide Dongsheng Real Estate with three services through various channels and means.

Funds of about ten to four billion are needed to avoid falling into a debt crisis again.

And if the situation develops as he expected, and the country can take decisive measures to stimulate economic growth around the end of the year, then Dongsheng Real Estate will have more channels to solve the problem of capital hunger, and it will be able to get out of the debt crisis without relying on them anymore.

Shadow, then the funds they raise can be transferred abroad.

At this time, the advantages of Cornero Food's financial structure can be more fully reflected.

Before Cao Mo returned to China, a large amount of cash was retained in Cornero Food's account through payment for goods.

Tianyue Investment's capital injection into Dongsheng Real Estate was nominally through borrowing money, borrowing 1.5 billion from the Cornero Food account.

Otherwise, he would have to settle the operating profits of Cornero Cement, Ibogu Mining, etc. and transfer them to the country. On the one hand, he would need to pay corresponding taxes and fees.

On the other hand, the subprime mortgage crisis broke out in full force after September, and the storm swept across the world. Even the central banks of African countries have strictly restricted the outflow of foreign exchange. If they want to transfer 300 million US dollars of funds out of countries such as Kanem, the procedures will be very complicated.

It is very complicated, and it may not be possible even if it is delayed for two or three months, which means that water from far away cannot quench the domestic thirst for immediate relief.

Cao Mo converted the profits from Ibogu Mining and Cornero Cement into loans to Cornero Foods, purchased cocoa beans from Canem and other countries, and exported cocoa butter to the country, leaving a large amount of money in Cornero Foods.

In the domestic account, this will naturally complete the cross-border transfer of the funds; and he started to do this work a year later, and has now completed the transfer of more than 2 billion funds.

His next step is to push Dongsheng Group to issue new shares and absorb the shares of Cornero Food held by Tianyue Investment. He mainly wants to use the new shares obtained from the additional issuance to borrow about 8 to 1 billion from financial institutions in China.

When Dongsheng Real Estate needs it, it will lend the funds to Dongsheng Real Estate; if Dongsheng Real Estate does not need it, the funds will be transferred to the account of Cornero Food, which is regarded as repaying Tianyue Investment's interest in Cornero Food.

Part of the debt owed.

Similarly, the country has also strengthened its foreign exchange management during the economic crisis.

However, as long as there are good opportunities or other needs, the funds in the Cornero Food Capital Pool can be quickly transferred to Africa at any time through payment settlement; and this is obviously not within the scope of national foreign exchange management restrictions.

No matter how severe the economic crisis is, formal import and export trade and payment settlement will not be restricted.

Cao Mo rested his head on Cheng Xi's legs and sent text messages to Zhou Han, asking about the progress of Lu Jianchao's contacts with Nitz Oppenheimer and Sturgeon Foster.

The Lu family brothers were forced into desperation by Han Shaorong in China, and they would look for people behind the scenes of the Oppenheimer family to cooperate. This was not unexpected. Even Han Shaorong had expected this step, so they had previously cooperated with Sturgeon.

Cooperation.

What Han Shaorong didn't expect was that Cao Mo not only knew of Sturgeon's existence long ago, but even reached an agreement on a new cooperation with Sturgeon when he returned to Africa in September.

Zhou Han seemed to be aware that Cao Mo was with Cheng Xi at this time. He didn't call directly, but kept telling Cao Mo one by one through text messages the latest situation that happened in Dracula.

Lu Jianchao has already met with Nitz Oppenheimer and Sturgeon Master. Lu Jianchao and the others are still very aware that Falkov Investment is more interested in the New Taihua Refinery.

In order to save the severe crisis that Taihua Group is currently facing, Lu Jianchao directly proposed after meeting with Sturgeon and Nitz Oppenheimer that they could invest in New Taihua. Taihua Group’s stake in New Taihua Refinery

All shares will be sold to Falkov Investment; of course, it is also hoped that Falkov Investment can acquire part of the shares of Cornero Marina New City.

The Lu family wants to fully shrink its front in Kanem, reduce the size of its debt, and try to get some cash back. They believe that Nitz Oppenheimer and Sturgeon, who are closely related to Bank Atlantic, should be able to provide assistance.

There is not much time left for the Lu family, and the offer given by Lu Jianchao is also very tempting.

The Lu family still wants to retain control of the listed company Taihua Group.

It is very difficult for companies to be listed on the domestic securities market, and there are so many high-quality companies queuing up for listing that even a shell company that has been listed but has lost so much money in its main business can sell it for billions of dollars.

Therefore, Lu Jianchao and Lu Jiancheng brothers must do everything possible to prevent their shares in Taihua Group from completely falling into the hands of the financial institutions that pledged the loans.

To achieve this, one is to prevent the stock price from continuing to plummet and fall below the agreed liquidation line, and the second is to add more margin to these financial institutions and adjust the liquidation line to a lower level.

Although Nsange said when delivering the news that Sturgeon would not actually respond to Lu Jianchao's request, Zhou Han was still worried that Sturgeon might go back on her word.

Although they all realize that Sturgeon should be more supportive of Cao Mo taking over the construction of Cornero Marina New City, the complexity of the matter is not limited to who should build Cornero Marina New City.

Between Han Shaorong and Cao Mo, Sturgeon may feel that Cao Mo is the better builder of Cornero Marina New City, but that does not mean that besides Cao Mo, Fulkov Investment cannot find a better collaborator——

Whether anything unexpected will happen to the Foster family behind Sturgeon is difficult to determine.

Considering the complex equity relationship of the New Taihua Refinery, Sturgeon may change his mind even if it is to avoid complications and gain control of the New Taihua Refinery as soon as possible.

Of course, Zhou Han was anxious about this matter, and Cao Mo could understand, and sent her a text message in reply:

"Let's wait and see what happens!"

People are always fickle. He met Sturgeon at the Oppenheimer family estate a month ago and confirmed that he wanted to cooperate with Tianyue more, but there was no guarantee that Sturgeon would not change his mind a month later.

However, he needs to stay in the country to paralyze Han Shaorong. He cannot rush back to Kanem to keep an eye on Sturgeon at this juncture. He can only comfort Zhou Han through text messages first.

Of course, even if Nitz Oppenheimer and Sturgeon did not tell him, could the news of Lu Jianchao's secret trip to Kanem really be hidden from Han Shaorong?

At this stage, they have to continue to lurk under the water and just watch Han Shaorong and the Lu brothers fight openly and secretly. They need Zhou Han to be more patient.

…………

…………

Even if Nitz Oppenheimer and Sturgeon had not secretly negotiated cooperation with Han Shaorong and Cao Mo, they would not easily lend a helping hand to the Lu family.

On the one hand, the deterioration of the global situation after September can be described as violent, which makes them dare not act rashly; on the other hand, they are not philanthropists and have no friendship with the Lu family. Even if they covet Taihua's assets, they will not do anything.

It will be easier to negotiate a price that makes them happy after the crisis between the Lu family and Taihua has sunk to a certain extent.

Cao Mo extended a helping hand to Dongsheng in time and did not take advantage of the situation. In addition to Chen Rong, Shen Ji and all the previous involvements, the main reason was that Dongsheng Group also had extraordinary influence in Kanem, which Cao Mo needed.

With help.

Cao Mo hoped to solve domestic problems as quickly as possible, and also wanted to leave more time to leisurely look for other suitable investment opportunities overseas.

Sturgeon didn't like to contact Cao Mo directly, and asked Nsangge to pass on everything. Although the information passed by Nsangge clearly stated that they did not mention Lu Jianchao's secret arrival at Kanem to Han Shaorong, and

Han Shaorong also contacted them twice, but Han Shaorong did not mention Lu Jianchao's secret arrival at Kanem. It seemed that Han Shaorong really knew nothing about it.

Han Shaorong may be pretending to be confused, or he may anticipate Sturgeon's reaction, but Sturgeon was right not to take the initiative to mention Lu Jianchao's matter.

They had a relationship of mutual use before. If Sturgeon were to be so selfless and frank, it would make Han Shaorong suspicious.

Lu Jianchao returned home sadly without negotiating any substantive assistance. Cao Mo also pretended not to know all this. He stayed in Xinhai to continue promoting the capital injection of Dongsheng Real Estate and the negotiations between Tianyue Industrial and Huachen; Gu Fan and others also

We are rushing to apply for a visa and are ready to rush to Kanem at any time to conduct field testing and verification of the functional requirements of Huachen pickup trucks in Africa.

In the new week, Taihua Group, which had been suspended for three days but had no substantial good news to disclose, was hit by the influx of selling orders as soon as the market opened.

Taihua also fell below the limit on Tuesday.

On Wednesday, Taihua opened sharply lower, but four consecutive declines completely wiped out the small profits made in the early stage. The willingness of small and medium-sized investors to sell goods was greatly reduced, and the selling orders dropped sharply.

At this time, it can be seen from the market that the Lu family still wants to struggle, and the stock price of Taihua Group once rose red in the morning.

However, in the afternoon, Cao Mo took the time to return to Tianyue's headquarters, turned on his computer and saw more detailed transaction data on the screen. It was obvious that there were funds pumping and investing in it, which soon drove the stock price to a low point.

At the final close, there was another huge sell order, which ruthlessly pushed the share price of Taihua Group to the daily limit again - no matter how you look at it, this was all done by Han Shaorong. The Lu brothers should recognize the reality and not

There will be no needless "struggle" again.

The stock price of Taihua Group also officially fell below the liquidation line.

Next, financial institutions that accepted equity pledges and lent funds to New Taihua Investment theoretically have the right to sell all the pledged shares of Taihua Group to avoid losses on debt.

However, forced liquidation does not happen often in the country.

Even the Lu brothers are well-established in Xinhai and have connections on both land and sea. The main reason is that domestic financial institutions are mainly state-owned holdings or shareholdings. We must consider the political and social impact of liquidation and selling, and consider whether small and medium-sized retail investors will

They will become furious and make them passive in public opinion.

On the other hand, these financial institutions know very well that if they really want to sell the pledged stocks through the open market, they don’t know how much they will pledge the stock price. It is impossible for them to offset enough by selling the stocks in the open market.

Principal and interest.

Who will bear the losses?

Even after falling below the liquidation line, these financial institutions have the right to dispose of the pledged stocks, but they will still communicate with Xintaihua.

If Xintaihua is unable to solve the problem on its own, these financial institutions will exercise their rights as creditors and actively look for capable successors to avoid their own losses as much as possible.

Although the stock price of Taihua Group fell below the position closing line on Wednesday, it did not continue to fall sharply on Thursday and Friday.

It can be seen that Han Shaorong has no intention to exert too much pressure for the time being, and even the number of posts on major financial forums criticizing New Ehua Fund Company for its involvement in insider trading has dropped significantly, not to mention the direct collusion between Taihua and New Ehua Fund Manager Shi Mingde.

of evidence.

Or maybe Han Shaorong has secretly started negotiations with the financial institution that holds the stock pledge of Taihua Group.

Of course, it is not ruled out that some hot money anticipates that the controlling shareholder will accumulate self-rescue measures, so it enters the market at this time to fight for a rebound, giving Taihua Group's stock price some support.

Cao Mo ignored all this.

In late October, coupled with the negative impact of the explosive spread of the sub-leasing storm, the securities market was also filled with an atmosphere of pessimism and despair. The Shanghai Composite Index once fell to around 1,600 points. More and more experts and investors believe that

There is a high probability that the Shanghai Composite Index will fall below the lowest point in 2005. This means that the most pessimistic view is that the Shanghai Composite Index still has 40% room to fall based on the current level.

Fortunately, Dongsheng Group was supported by a shareholding increase plan totaling 200 million yuan promised by Tianyue Investment and Sun Hung Investment, so the stock price barely remained at 9 yuan per share and did not fall to a more dangerous point.

By the end of October, Tianyue Investment had initially completed the asset review of Dongsheng Real Estate as quickly as possible. The day after the report was released, Cao Mo went to Tianyue Industry early in the morning to observe Xu Bin and others' review of the carmaker's independent laboratory reconstruction plan. discuss.

Shen Ji also came over early and hung around Cao Mo all morning.

"You have a very free time today. You've been hanging around me all morning?" Cao Mo asked Shen Ji disgustedly.

"The audit report has come out. Dongsheng Real Estate is waiting for the payment from Tianyue Investment. If I don't hang around with you, do you think I can be quiet if I go to the office in Dongsheng Building in the morning?" Shen Ji asked.

"I signed all the relevant documents yesterday. Song Yuqing, Chen Feng and the others went to the bank to go through the formalities early in the morning. It should be that the bank's information review is more cumbersome, but I can't help it - don't you worry that I will suddenly regret it and stare at me? It's useless. I can just go to Bank of China and urge them to complete the transfer as soon as possible. It's hard for me to withdraw it!" Cao Mo said.

"Did you really sign everything?" Shen Ji asked.

"Why did I lie to you? What do you have for me to lie to?" Cao Mo asked with a smile.

"Hey, seeing that you were so calm this morning, I was worried for a long time. I thought you would have to grind for two more days. I had no idea. The old man came to my place last night and said he wanted to see if my chess level has improved in the past few years. Backsliding - you said that I haven't played chess for ten years. How can I still remember the chess records? I have played several games of chess. Do you think I can't come over today?" Shen Ji took out his mobile phone and made a call. " Cao Mo signed the document yesterday, and I thought he didn't sign it - it should be because the bank's review is more complicated. Manager Song and Chen Feng are at the bank now, and they should be able to complete the transfer today..."


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