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Chapter 390: Heaven and Floor(1/2)

"I met with Han Shaorong in the morning. Dongsheng Real Estate raised 4 billion from him at a valuation of 6 billion. He said he would wait three to five days to confirm that the funds could be raised before giving me a reply. Then he raised the price on the daily limit.

They put out more than 40 million yuan of stocks in an attempt to crush my will,"

Ding Zhaoqiang took a lotus flower from Cao Mo, picked up the lighter on the corner of the table, lit it, and said slowly,

"When Dongsheng has reached this stage, everyone knows what is going on. I am not qualified to be secretive anymore. For Tianyue, Xinhong and Dongjiang Securities, my quotation is also this: Dongsheng Real Estate's third quarter audited net assets are seven

1.4 billion, I am confident to convince other shareholders to accept financing at a valuation of 6 billion, but the total financing amount cannot be less than 2.5 billion. If it is less than 2.5 billion, it cannot solve the crisis Dongsheng is currently facing, then we will

It makes no sense to get such a low quote.”

Ding Zhaoqiang directly threw out the final reserve price, but breathed a sigh of relief and calmly smoked a cigarette.

The decision-making of Dongjiang Securities is a little more complicated, and Ge Jun does not have the final say, so Ding Zhaoqiang is waiting for Cao Mo and Qian Wenhan to give him an answer.

Cao Mo could tell that this offer was probably the last sign of Ding Zhaoqiang's stubbornness. He looked at Qian Wenhan and asked, "We Tianyue can accept this condition. What about you, old Qian?"

Seeing Cao Mo's reply so simply, Qian Wenhan couldn't help but shake his head. However, he was not overbearing and was determined to squeeze out the last bone marrow from others. He smiled and said, "You agreed so quickly. I

Can you still bargain? How much money can you raise?"

"I can take out 10 to 1.5 billion, but in the end it depends on how much Sun Hung and Dongjiang Securities can take out. If you pay more, I will pay less; if you pay less, then I will pay some!" Cao Mo

said.

Cao Mo and Ding Zhaoqiang were most concerned about how much money Qian Wenhan could use. He was worried that during this period, Cao Mo had already spent all the money he had.

After all, no one knows how much ambition Cao Mo has towards Tai Hua and Hua Chen, both of whom are gold-eating behemoths.

Ding Zhaoqiang breathed a sigh of relief now that he heard Cao Mo say that he could come up with up to 1.5 billion in cash.

Cao Mo looked at his watch and said: "We can discuss the specific agreement later. The market will open in the afternoon. Since Han Shaorong has handed over part of the chips, we have no reason not to take it. I promised Mr. Ding that in the afternoon

There are still 50 million funds to buy, old money, do you want to take over part of it?"

"Okay, you sweep away 50 million first, and I will take over with another 100 million. If Han Shaorong still has chips in his hand, we will sweep away 100 million each. I don't believe he really has that much in his hand.

The chips are down," Qian Wenhan said, "I also want Mr. Ding to rest assured that Sun Hung will sign a concerted action agreement with Tianyue and Chen Rong. No matter how many Dongsheng stocks are taken today, they will be locked up for six months.

, in order to maintain the stability of Dongsheng’s stock price.”

"Mr. Money is always so easy, but don't worry, Dongsheng will definitely make Tianyue and Xinhong's decision worth it." Ding Zhao supported the long table with his strong hands and said excitedly.

Although this quotation was much lower than a month ago, and even lower than Dongsheng's plan to raise capital at a valuation of 20 billion a year, I don't know how much lower it is. In addition to Dongsheng Group's stock price, Tianyue, Xinhong

Buying together can completely stabilize the market, and it will not be afraid of Huamao's tricks to suppress it. What's more important is that Dongsheng Real Estate can obtain 30 to 4 billion in financing from Tianyue, Sun Hung and Dongjiang Securities, which will completely alleviate the current extreme situation.

Severe debt crisis.

Guo Guangxin and Xu Zhi still couldn't figure out what Ding Zhaoqiang was thinking, but at this time they stood up with happy faces and said: "For the cooperation of the three companies, I have to have a drink!"

"You should really have a drink; open another bottle of red wine and bring the wine glasses to Mr. Ding, Mr. Guo, and Mr. Xu." Cao Mo turned around and called the staff to bring the wine glasses to Ding Zhaoqiang, Guo Guangxin, and Xu Zhi, and then poured the wine. Asked Ding Zhaoqiang, "Has Mr. Ding had lunch? Do you want to have a meal with us first?"

"Okay," Ding Zhaoqiang has indeed not eaten yet, and he has no intention of having lunch at noon. He hurried over after receiving a call from Shen Ji. At this time, he put down his thoughts and ignored the leftovers on the table and clinked glasses. After drinking a glass of red wine to celebrate, I took the bowl and chopsticks and started eating hungrily.

…………

…………

After a hasty meal, it was almost time for the afternoon opening.

Cao Mo invited everyone to sit down in his special small conference room, and used a projector to display the Dongsheng time-sharing trend chart on the wall of the conference room. He could see that there were still 150,000 lots piled up at the limit, with a market value of more than 100 million taels. Millions of shares.

At this time, many people in major financial forums began to link Dongsheng's plunge with today's scandal at Xinyihua Fund Company. There were also posts linking the listed company's sister company Dongsheng Real Estate and parent company Dongsheng Holdings to the severe debt they faced. The crisis was exposed in extreme detail.

Even the entire listed company sector in Xinhai City was obviously dragged down by the plummeting stock prices of two listed companies, Taihua and Dongsheng, and was much weaker than the broader market.

If things continue to ferment, more and more sell orders will accumulate on Dongsheng's lower limit board; hot money and small and medium-sized retail investors are crazy about fleeing, and they don't know how many lower limits are waiting for them later.

"In five more minutes, exactly at 1:08, buy all the remaining 50 million quota into Dongsheng today." Cao Mo looked at Dongsheng's board with no fluctuations like the heartbeat of a dead person, and picked up his phone. Dial Jiaying's phone number.

Although Cao Mo and Qian Wenhan really want to buy 100 million Dongsheng shares today, there should be no problem in stabilizing the stock price, but before this moment comes, Guo Guangxin, Xu Zhi, Xu Xin and others can't help but hold their breath and see Ding Zhaoqiang also stared at the projection screen intently, gripping the armrest with his fingers, knowing that he was actually more nervous than anyone else, or maybe he was still worried that Cao Mo and Qian Wenhan were acting together, or that Cao Mo and Qian Wenhan were actually working with Han Shaorong. They have already colluded and are waiting to completely crush his confidence.

Ding Zhaoqiang's inner drama was rich, and Cao Mo saw it all, but he just pretended not to know, and looked at Qian Wenhan with a smile: "Let's take action first, and then it's up to Xinhong."

Qian Wenhan showed the cell phone screen to Cao Mo, and Ding Zhaoqiang saw that he had already issued instructions via text message.

Five minutes later, 150 million buying orders were placed in two orders almost simultaneously. Everyone opened their eyes and watched Dongsheng's stock price rise from the lower limit to the higher limit instantly due to the huge amount of buy orders.

In addition to the seemingly astonishing sell orders at the lower limit, Dongsheng has very limited buy orders in other price areas.

Two buy orders consumed all the sell orders, and in the end there were nearly 20 million buy orders at the daily limit.

Although it is not uncommon for the stock market to be floored, witnessing this moment with their own eyes, especially as it is closely related to their personal destiny and future, Guo Guangxin, Xu Zhi, and Xu Xin had different feelings, and they were extremely excited.

He clenched his fists involuntarily.

Of course, the sky and the floor have a total amplitude of 20%. In addition, many new retail investors have been frightened in the past few days. At this time, many people can't help but sell one after another, quickly swallowing up the daily limit.

Pay the bill.

Although Sun Hung Investment raised the final daily limit, since a large number of transactions were concentrated in the lower limit area, Sun Hung's buying cost was also very low.

Even if everyone knows that there are only 20 million buy orders, it is impossible to hold the daily limit. As more and more profit and stop-loss sell orders come out, Dongsheng's stock price will soon fall, but this is not the case.

never mind.

On the one hand, the selling power of small and medium-sized retail investors is always weak. On the other hand, two large buying orders pulled Dongsheng out of the sky. With such a big movement, the stock price will really fall, which will more or less attract some hot money to enter the market.

It can push Dongsheng's stock price up again.

They will not intervene today, but it still depends on how well Dongsheng's stock price is under pressure, and whether Han Shaorong will take action to suppress Dongsheng's stock price again today.

Although the projector was not turned off directly, everyone's attention shifted to the specific cooperation negotiations between the two parties.

Whether Dongjiang Securities will participate or not will not be known until Ge Jun returns and convenes the investment committee of Dongjiang Securities for discussion. For now, Tianyue and Xinhong can inject at least 20 to 3 billion in funds into Dongsheng.

estate.

In this regard, Ding Zhaoqiang’s thoughts are more or less contradictory:

On the one hand, no one knows how long the impact of the global economic crisis on the domestic banking industry and property market will last if it continues to spread. He hopes that Dongsheng Real Estate can raise more funds at once so that it can respond more fully.

However, on the other hand, if the financing exceeds 2.6 billion based on the valuation of 6 billion, Dongsheng Holdings' shareholding in Dongsheng Real Estate will drop to less than 50%, thereby losing absolute control.

However, before the end of the month, the short-term debt that Dongsheng Real Estate needs to pay is as high as 1.9 billion yuan. It is difficult to fundamentally alleviate the debt crisis that Dongsheng is facing with financing less than 2.6 billion yuan. In the end, it was agreed in the framework agreement that Tianyue

, Sun Hung Securities and Dongjiang Securities’ financing amount ranges from 2.5 billion to 4 billion.

Considering that Dongsheng Real Estate's long-term debt is still high, and it is unclear when the subprime mortgage crisis will be over, Dongsheng Real Estate will need to prepare about 20 to 3 billion long-term borrowing funds in the future to replace part of the debt that will be transferred within one year.

Due short-term debt, Dongsheng Real Estate's debt structure can be further improved.

Sun Hung Investment promised to work with Dongjiang Securities in the form of a trust fund to solve the subsequent three-year loan demand of 1 billion that Dongsheng Real Estate will need.

Cao Mo promised that if necessary, Dongsheng Group will issue new shares to Tianyue Investment and absorb 65% of the shares of Cornero Food held by Tianyue Investment into the listed company. Tianyue Investment will transfer all its shares to Dongsheng

All the old and new shares held were mortgaged, and 8 to 1 billion funds were borrowed from financial institutions and lent to Dongsheng Real Estate.

In order to protect the interests of Dongsheng Holdings and other small and medium-sized shareholders, and to ensure that the private placement plan can be passed, Cao Mo also approved Dongsheng Group to issue an additional one-share issuance to Tianyue Investment and other Cornello Food shareholders at a price of 12 yuan per share.

100 million new shares, absorbing Cornero Foods.

This price is 50% higher than today’s opening price. At the same time, Tianyue Investment will also make a commitment for Cornero Food’s total net profit to be no less than 400 million in the next three years.

Half a month ago, Hexi Fund transferred 16% of its shares in Cornero Food to Tianyue Investment and Sun Hung Investment for only RMB 80 million. This was used as a standard to calculate Tianyue Food’s holdings of Cornero.

The valuation of the 65% shares of Food should only be around 320 million.

After half a month, Dongsheng Group plans to issue new shares with a market value of 1.2 billion to absorb the shares of Cornero Foods?

Xu Xin is one of the managers of the equity repurchase and knows many details.

She was sitting at the corner of the conference table, responsible for recording the key points of the negotiations between the two parties. Looking at Cao Mo's energetic face, she couldn't help but think: Cornero Food's equity appreciation is faster than robbing a bank!

Once the private placement plan is approved, the combined new and old shares of Tianyue Investment will hold more than 15% of the shares of the listed company Dongsheng Group. In addition, he signed a concerted action agreement with Chen Rong and Xinhong Investment, and the shareholdings will be combined.

will reach 21%; while the Ding family's shareholding in listed companies will be reduced to 35%.

Of course, Qian Wenhan and Ge Jun also said that they would pay the equity acquisition funds of Cornero Food, Cornero Energy and Tianyue Industry to Dongsheng in the next two days, and it would not be delayed until the deadline in one and a half months.

…………

…………

"Bang!" Han Shaorong smashed a newly acquired Nanhong jade sculpture onto the opposite screen and cursed, "Fuck, this grandson of Ding Zhaoqiang came here to ask for directions this morning. I actually thought that he was desperate and was forced to throw away his last capital.

Tell me! I am a fucking idiot. I have been planning for so long and all I need is this last shudder!"

"Is it possible that these two large bills were Ding Zhaoqiang acting on his own? No matter how embarrassed he was, he wouldn't be unable to come up with even 150 million." Shang Wendong asked hesitantly.

He still suspected that Dong Sheng's world was more likely to be dominated by Ding Zhao. In addition to attracting a large amount of hot money to follow up, it could also mislead others into thinking that they had found reinforcements.

Shang Wendong is very aware of Dongsheng’s debt situation.

Although Dongsheng Real Estate's assets are good, Ding Zhaoqiang was too aggressive before. With the economic situation so tight, it is difficult to imagine any institution that would dare to easily intervene in Dongsheng Real Estate's debts; even if several institutions showed such

A little bit of interest, but the negotiation process is under their control.

Shang Wendong did not think that Ding Zhaoqiang had found reinforcements, and was more inclined to believe that what they saw in front of them was just Ding Zhaoqiang's deception.

"The plummeting stock price is just to trigger the full-scale outbreak of Dongsheng's debt crisis. Even if Ding Zhaoqiang wastes 150 million to stabilize Dongsheng's stock price, it can't solve the problem of concentrated short-term debt maturities. What's the use? I won't take action.

Will Dongsheng's stock price plummet by then?" Han Shaorong shook his head. The uncontrollable attack just now was like a storm, but he stopped quickly. He picked up a small piece of Nanhong fragments with some distress, knocked his head and said, "I
To be continued...
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