Chapter 1322 Convertible Bonds
After hearing this, Chu Tianshu finally understood the mystery.
In Thailand, Li Xiang first launched Dayang Investment and Universal Insurance. His original intention was not to help Century Sunshine find strategic investors, but to let Wei Shijie understand the difficulty of the matter, and after talking to himself alone, he found out After both Ye Qingping and Wei Shijie had no way out, they introduced venture capital and always had the upper hand.
Similarly, Li Xiang's matchmaking and introduction of venture capital to Century Sunshine was not to thank Wei Shijie, but to himself and Ye Qingping.
Shen Hongkui intends to inject capital into Century Sunshine, and this is where her confidence lies.
Otherwise, there are so many small companies in China that are short of money like Century Sunshine. Li Xiang, as a capital tycoon who dominates the domestic and foreign financial circles and controls several boss companies, will never invest in real money just because Wei Shijie rescued Lu Xixi. Gold and silver.
In the business world, don't expect capital giants like Li Xiang to act emotionally.
At this point, we finally get to the substantive topic, and the matter of playing football naturally becomes a matter of football.
Shen Hongkui said: "You two, let's call here today. Let's find a place to have a good communication."
Wei Shijie felt a faint joy in his heart. In his opinion, Shen Hongkui's urgent attitude left him room to move forward and retreat freely. He even felt that Shen Hongkui, who had studied in the United States for many years, was like a businessman when talking about business. Western cowboys run rampant everywhere without understanding the strategies of Chinese shopping malls.
Lu Xixi, who was sitting in the lounge, saw Shen Hongkui and others driving an electric car back from a distance, so she said to Yan Yujie: "Looking at the way they were talking and laughing, they should be having a good conversation."
Yan Yujie said: "If Sister Xixi hadn't come forward, just the few of us would not even be able to see Mr. Shen in person."
Lu Xixi pointed at Yan Yujie with her orchid and said angrily: "Yujie, your little mouth is sweeter than Mr. Wei!"
"Where?" Yan Yujie whispered: "Sister Xixi's charm is not something you can just blow off with your mouth."
Lu Xixi smiled brightly.
No one went back to the city, so Shen Hongkui suggested staying at the Mission Hills Resort Hotel.
The hotel's deluxe rooms are spacious and comfortable. Each room also has a terrace overlooking the golf course, offering a spectacular view of the golf course.
The group sat down on the terrace of Shen Hongkui's room, and the waiter brought coffee, tea and snacks.
Shen Hongkui took a sip of coffee and said proactively: "With the recommendation of Mr. Li and Xixi, Venture Capital is extremely sincere and full of expectations for the cooperation with Century Sunshine. I thought we could openly and honestly discuss the substantive content." Let’s communicate.”
Wei Shijie first said some polite words of thanks, and then said slowly: "Mr. Shen, you are an investor, and we listen to your opinion."
The strategy that Chu Tianshu and Wei Shijie had discussed was that Wei Shijie and Yan Yujie would handle the business negotiations, and they would only listen but not speak. In other words, the government could support Century Sunshine, but it could not endorse it.
Shen Hongkui put down her coffee cup and said: "According to the information introduced by President Li and President Wei, if the two parties can cooperate, we are willing to invest 100 million in Century Sunshine as a strategic investor."
"One hundred million?" Wei Shijie was a little surprised. After working for a long time, Shen Hongkui's move was not as generous as Li Xiang said, and it was similar to Liao Lehua from Dayang Investment.
Yan Yujie glanced at Lu Xixi and asked, "Mr. Shen, is it RMB or Hong Kong dollars?"
"None of them!" Shen Hongkui leaned back: "Venture capital is a US-funded enterprise, and of course I am talking about US dollars."
"Dollars?" Wei Shijie doubted his ears.
"Yes, dollars." Shen Hongkui repeated.
One hundred million US dollars is close to 700 million yuan, which is more than enough to start the real estate development of Yangjialing and Aotou Bay land and the construction of skyscrapers. Wei Shijie suppressed his inner ecstasy and smiled lightly: "One hundred million US dollars is not too much. It’s a lot, but it’s not too little. However, I would like to hear more about what conditions Mr. Shen will offer?”
Shen Hongkui sat up straight and said: "After the project is successfully implemented, we are still rushing to go public. Mr. Wei, this is what you mean, right?"
"Of course!" Wei Shijie said: "This is also Mr. Li's suggestion, Sister Xixi, right?"
Lu Xixi said nothing, only smiled and nodded.
Shen Hongkui said: "In order to go public, a new company must be established, which is a joint-stock company established by our joint investment. Let's call it Sunshine Shares for the time being. As for the current Century Sunshine, it belongs to the group company and will be the major shareholder of the joint-stock company in the future."
Yan Yujie immediately took over the topic: "Mr. Shen, that's no problem. A group company is a group company, and a listed company is a joint-stock company. The two are clearly distinct. This is the practice of the stock market. With the financial situation of Century Sunshine Group, it is impossible for it to be listed as a whole. , we can only divest the debt to the group company first, and then strive to list high-quality assets."
Shen Hongkui nodded: "What we want to invest in is naturally the Sunshine Shares that are going to be listed, not the debt-ridden Century Sunshine Group. In other words, every penny we invest will be used for the development and construction of the eco-city. As well as future listings, they must not be used for other purposes. Those projects with higher debt ratios in the past can only stay in the group company and cannot be included in the listed company."
This further shows that Shen Hongkui’s huge investment is only for the development and construction of the eco-city, not for Century Sunshine.
Shen Hongkui then emphasized: "In Sunshine Shares, Mr. Wei is naturally the major shareholder, and we also have a place as investors. If the listing is successful in the future, I have no control over how Mr. Wei uses the funds raised to feed back the group company, but at present , the newly injected funds must not be used to fill old holes.”
"There is no problem." Yan Yujie replied: "All the money invested by Mr. Shen will be used for the development and construction of the eco-city, and will not be used to repay old debts. This is the basis of cooperation between the two parties."
"Our investment must be in the form of convertible bonds." Shen Hongkui continued.
Wei Shijie's nerves immediately became tense.
Along the way, Yan Yujie provided Wei Shijie with a lot of capital market knowledge, and specifically talked about convertible bonds.
For example, if A lends B one million yuan and repays it within an agreed time, this million yuan is a debt; if A invests one million yuan in B's company and holds 1% of the shares of company B, this one million yuan is became shares.
The so-called convertible bond means that A gives B one million yuan. This million yuan is temporarily regarded as a debt, and then according to the agreement, the debt can be converted into shares at a certain time.
But Wei Shijie didn't fully understand what exactly happened and what the pros and cons would be. He took out a cigarette, turned around and asked Lu Xixi: "Sister Xixi, can I have a cigarette?"
Lu Xixi smiled and said, "Just smoke it, I don't mind."
This move was not a simple gentlemanly act, but an idea that Chu Tianshu came up with on the road. During the meeting, when he encountered some professional terms that needed to be understood in detail, and it seemed too embarrassing to ask directly, he just asked if he could Smoking, tell Yan Yujie that I don’t quite understand what the other person just said.
Yan Yujie naturally understood and asked: "Mr. Shen, why do we choose the form of convertible bonds for this project?"
Chapter completed!