Lantinghui is a private dining restaurant located in a Baroque building on the south bank of the Pujiang River. It is low-key and luxurious.
In the softly lit private room, you can see the river across the building at night, with its sparkling waves. Speaking of the news that was only confirmed this afternoon, Dong Chengpeng said worriedly:
"Cao Mo has reached an agreement with Taihua to acquire 2% of the equity of New Sea United Bank. Even if he does not have the determination and strength to truly compete for the controlling stake in Taihua, we still have to be on guard against him continuing to jump out and disrupt the situation!"
In order to obtain the controlling stake of Taihua Group, Huamao has had several rounds of talks with the securities companies that actually hold the pledge rights of these stocks.
As Huamao's newly appointed vice president of the asset management division, Dong Chengpeng participated in the negotiations and understood the situation very well.
Several securities companies accepted mortgages and lent money to Xintaihua Investment. After Taihua's stock price fell below the liquidation line, Xintaihua Investment neither repaid the loans nor added pledged assets or funds, which constituted a substantial breach of contract.
After that, the right to dispose of the shares used as mortgage assets for loans fell into the hands of several securities companies.
As far as these securities companies are concerned, none of them are thinking about fighting for the controlling stake of Taihua Group, nor do they have any plans or plans to join forces to control Taihua Group. They are more thinking about getting their capital back with interest.
to recover the loan and avoid huge losses.
Huamao is thinking of getting the controlling stake of Taihua Group at a cheaper price, for example, a 30% or 20% discount on the existing loan principal and interest?
Even Huamao didn't want to take out the cash directly. They thought that after transferring the equity, the accounts would be in arrears for the time being; this actually meant that Xintaihua's debt to these securities companies was transferred to Huamao's debt to these securities companies.
The debts and controlling rights of a securities company were transferred from Xintaihua Investment to Huamao, and Huamao also used these equity shares as collateral.
How could these securities companies easily agree to such stringent acquisition conditions? The negotiations have reached a stalemate.
They were not prepared for the possibility of Cao Mo jumping in to disrupt the situation. They also waited until Cao Mo officially injected capital into Dongsheng Real Estate before releasing their biggest trump card, which was the evidence that Xintaihua bribed Shi Mingde, the fund manager of Xinyihua.
The stock price of Taihua was hit by two lower limits in a row, hoping to completely defeat the psychological defense lines of these securities companies.
Unexpectedly, Cao Mo jumped out and actually funded the acquisition of 2% of Xinhai United Bank's equity from Xintaihua.
Whether Cao Mo will continue to interfere in the matter will have a great impact on their subsequent negotiations with these securities companies.
If Cao Mo didn't jump in and disrupt the situation, Huamao would certainly have the confidence to force these securities companies to bow their heads.
Some companies have gone bankrupt and reorganized, but as long as the main business is concentrated in the country, there are no major operational problems, and the creditors join forces to form a creditors committee, the company can still maintain normal operations.
However, the issues involved in Taihua Group are too complex, and the overseas investments that account for a large proportion cannot be controlled by a combination of several securities companies.
If these securities companies don't want Taihua Group to completely turn into a mess that they can't clean up, and they don't want to lose even their underwear on Taihua's debt investment, the only option is to turn Taihua into a mess.
The group is in the hands of people who are truly capable of solving its complex problems.
Unless Cao Mo jumps in to disrupt the situation, Huamao is the only one capable of solving the problems left by Taihua Group and taking over the disposal of Taihua's overseas assets. Apart from handing over the controlling rights of Taihua Group to Huamao, these securities companies have nothing to do
choose.
What if Cao Mo continues to jump in and disrupt the situation?
No one can deny that Cao Mo is also capable of taking over and resolving the overseas assets of Taihua Group.
This means that these securities companies have another choice besides Huamao.
"Tianyue invested in Dongsheng Real Estate, invested in the acquisition of the equity of Xinhai United Bank, and also invested in the acquisition of pickup truck funds from Huachen Industrial. The cash on hand has long been exhausted. If they want to compete for the controlling stake of Taihua Group, they must
If they offer a higher price, where will they raise funds? Not to mention their fight for the controlling stake of Taihua Group, and they are far from gaining control of a series of large-scale projects such as Cornero Marina New City, let alone continuing
The huge amount of funds needed for construction?" Guo Jianze concluded that Cao Mo was just a troublemaker, and as long as he ignored it, Tianyue and those securities companies would not be able to negotiate a deal at all.
"What are you worried about? Even if Cao Mo has the intention to disrupt the situation, it is impossible for the Lu family to have a chance to take advantage of the situation. If it is not possible, we will suffer a small loss and raise the purchase price and conditions. Otherwise, we will not be able to bring in Taihua.
Under control? Is it possible that Cao Mo will really bid with us without limit?" Han Shaorong stretched his body. He didn't care whether Cao Mo would jump out to disrupt the situation again, and asked a middle-aged man next to him with a relaxed smile.
People said, "Lao Li, do you think what I said is right?"
Li Shu has worked with the Lu brothers for many years and can be said to be sworn friends. He is even one of the founders of Taihua Group. He currently holds shares in Taihua Group, second only to the Lu brothers, and is the third natural shareholder.
Li Shu currently holds a total of 8% of the shares of Taihua Group in his personal and company names; his daughter Li Yao is dating Lu Yan and has already discussed marriage.
Water flows to lower place, man goes to higher position.
During this period, as the stock price of Taihua Group continued to plummet, Li Shu also suffered heavy losses. His net worth, which was at most more than one billion, has now shrunk to less than 250 million.
In addition, he also co-invested in some projects in Kanem. Although the scale is far from that of the Lu family, it is still his hard work for half his life.
The Lu family brothers are now at the end of their rope. It is impossible for him to be tied up with the Lu family brothers and buried with them. Instead, he pins his hope of saving Taihua on Han Shaorong.
Of course, Li Shu had no contact with Cao Mo, but in addition to being the third largest shareholder of Taihua Group, his daughter Li Yao also lived in Kanem for a period of time and was responsible for some of his investments in Kanem, so he was
Cao Mo was also very clear about the grudges he had with the Lu brothers. He couldn't help but nodded and said:
"It's true that you won't deal with Cao Mo and Mr. Han, but it's impossible for the Lu family brothers to benefit. Even if he really wants to compete for the controlling stake of Taihua Group, the price will only be stuck at the amount that can just repay the principal and interest of the loan debt. After all, the offer
For a higher price, after the securities company deducts the principal and interest of the loan, the premium still belongs to the Lu brothers... Of course, Cao Mo must be more interested in disrupting the situation."
"Mr. Li can see clearly and best, but those six securities companies may not be able to see so clearly.
It is still possible for Cao Mo to confuse us and create unnecessary obstacles for us! And every day of delay will be a huge loss to Taihua Group," Dong Chengpeng said, "However, if a fly does not bite an egg, the Lu family
The brothers mortgaged 50% of the shares of Taihua Group in the hands of six securities companies. These six securities companies can now agree to advance and retreat together. However, in fact, the six securities companies, which usually compete openly and secretly, cannot really
Wearing the same pants. For Huamao, we only need to get more than 30% of the equity from them and become the largest shareholder. In the new round of board of directors elections, we can control the majority of the seats on the board of directors, that is,
To get control of Taihua Group, in fact, Mr. Li, you first sign a share transfer agreement with us. With Mr. Li’s 8% equity, we only need to get Taihua Group from these six securities companies.
22% of the equity of Hua Group is almost enough, which makes it even less difficult for us. Even now we can say with certainty that as long as Mr. Li signs the equity agreement with us, Cao Mo should know
There is no point in continuing to struggle with us on this matter."
"Old Li, we need to sign this agreement even more now. We hope to get Cao Mo to quit and avoid further troubles. And after we successfully obtain the other 50% of the equity from those securities companies, we
In addition to hoping that you, Lao Li, will continue to retain this 8% equity, I also need you to stand up and take on important responsibilities. Apart from you, Lao Li, I can't imagine anyone else who can shoulder the responsibility of revitalizing Taihua!
"Han Shaorong said to Li Shu earnestly, "Of course, Lao Li, if you think Cao Mo may offer a higher price, and may rather let the Lu brothers benefit than compete for the controlling stake in Taihua at a premium, then take my words as such.
No words! Let’s just drink today!”
It was Dong Chengpeng's suggestion to first acquire 8% of Li Shu's equity.
Even if Cao Mo didn't jump out today, they could still use this to put pressure on the six securities companies, but in the end he didn't advocate actually acquiring Li Shu's shares.
After all, after the Lu brothers, Huamao needs someone who can control the operations of Taihua Group to step up and take the lead.
At this time, Dong Chengpeng did not forget to add insult to injury and said:
"Cao Mo really wants to compete for the controlling stake in Taihua, instead of just muddying the waters. Why hasn't he contacted Mr. Li yet? Does he completely ignore Mr. Li, or does he think that 8% of Taihua's shares are irrelevant to Mr. Li's heart?
?”
Huamao proposed to acquire his shares at the current closing price, and even signed an agreement first. The two parties were not busy with the delivery. Li Shu was a little unhappy in his heart. He thought that Han Shaorong's verbal promise might not be fulfilled, so he thought
When signing an agreement, you can increase the quotation and ask Huamao to pay a certain amount of advance payment as a guarantee.
However, he still hoped in his heart that Han Shaorong could intervene strongly and devote a lot of resources and funds to enable Taihua's project in Kanem to continue construction. He could not speak out about some requests, fearing that Han Shaorong would leave the situation without intervening.
, then Taihua will really be in a mess.
After weighing for a long time, Li Shu finally nodded and said: "I believe in Mr. Han's strength. Let's sign this agreement first. I hope that little brat Cao Mo can retreat..."
"I wish us a happy cooperation; now I want to see how this little brat Cao Mo can jump out and disrupt the situation!" Han Shaorong raised the red wine glass in his hand and said with a smile.