Chapter 498
Han Zirui and the others' plan, after his grandfather's condition stabilized, Chen Li also knew about it when he returned to Pujiang.
Zheng Suxin also made a special trip to Pujiang to talk about this matter to Chen Li.
Wanbang Real Estate was founded and developed step by step by step by step. The Zheng and Han families are the most solid support behind Lu Chuanxue. Therefore, the Zheng and Han families, including Lu Chuanxue, Zheng Suxin and his wife, either directly or indirectly control 18% of Wanbang Real Estate's equity.
When Wanbang Real Estate was founded, there were a large number of state-owned equity shares. Before it was publicly listed in 1998, Zheng and Han only barely held a majority of shares. When it was publicly listed, 15% of the new shares were issued, and the shares of Zheng and Han were reduced to less than 50%.
In the following years, Lu Chuanxue wanted to get rid of the control of local state-owned assets, and on the other hand, he wanted to turn Wanbang Real Estate into a thorough public company for governance. He spent a lot of energy to lobby local state-owned assets to continuously reduce their holdings in Wanbang Real Estate through the open market. On the other hand, Zheng and Han families were also constantly reducing their holdings and did not strengthen their controlling stake in Wanbang Real Estate.
However, Wanbang Real Estate is not except for Zheng and Han, but other shares of Wanbang Real Estate are scattered among millions of retail investors; due to Wanbang Real Estate's long-term outstanding performance, public and private equity securities investment funds, social security funds and even local state-owned investment platforms have long held shares of Wanbang Real Estate.
However, Wanbang Real Estate has developed rapidly and steadily for a long time under the leadership of Lu Chuanxue, winning the trust of other investors and institutions. Although Zheng and Han only hold 18% of the shares, they have the right to nominate the majority of the board of directors; and Wanbang's management under the board of directors was built by Lu Chuanxue.
When Wanbang Real Estate went public in 1998, it was a real estate company with a net asset of less than 2 billion and a market value of only 3 billion. After these ten years of development, it has transformed into a large real estate aircraft carrier with a net asset of more than 60 billion and a market value of more than 70 billion.
Over the years, not to mention other investors, Zheng and Han have basically directly cashed out more than 3 billion yuan from Wanbang Real Estate through reducing their holdings and the accumulated dividends over the years. The funds from Zheng and Han have cashed out from Wanbang Real Estate are far lower than those of Xinchaorui. The main reason is that Zheng and Han have mainly concentrated in 2001 to 2003.
In 2003, Wanbang Real Estate's market value stabilized to more than 10 billion yuan; the domestic real estate market also exploded in the second half of 2003.
Wanbang Real Estate's market value reached 10 billion in 2003, and then it was five years of rapid development. In 2008, the market conditions of the entire securities market were so bleak, but Wanbang Real Estate's market value did not fall below 60 billion at the lowest. It can be seen how wrong it was for Zheng and Han to reduce their holdings from 2001 to 2003.
However, that was not something that Lu Chuanxue could decide.
After all, the shares held by Lu Chuanxue and Zheng Suxin and his wife were only 8% at the highest, and then the shares were reduced to 6%. It was Wanbang Real Estate’s two targeted share issuances in recent years that diluted their shares, not that they directly reduced their shares.
The funds they directly controlled in the later period were mainly the dividends and dividends of Wanbang Real Estate over the years, plus some investments entering other fields, accumulated step by step, but the total amount was not large.
Of course, the more than 3 billion yuan cashed out by the Zheng and Han families a few years ago were not idle, or they were used to squander the children of the Zheng and Han families, and since then they lived a luxurious and debauchery, most of the funds were still invested in more fields.
Behind this is because of the prestige of Zheng Suxin and Lu Chuanxue couple, most of the investment funds are mainly concentrated in the operation and management of Huayu Investment Group under Zheng Suxin's name.
Zheng Wenyuan initially invested in Yulong Real Estate, or acquired Dashang International Plaza and then merged into Dashang Capital's third and fourth phase real estate investment fund. Zheng Wenyuan did not have much funds in his personal name, mainly due to the support given by Zheng Suxin's transfer of funds from Huayu Investment.
Because of this part of the funds, the investment in Xinrui City was quite successful. In addition to other investments, the scale of funds cashed out by Zheng and Han companies from Wanbang Real Estate has also increased to more than 9 billion yuan, and the part that can be used directly is almost 5 billion yuan.
"Old Ruben intended to disagree with them for making such a mess, but Old Ruben said that he should be retired if he retires,"
Chen Li and Zheng Wenyuan accompanied Zheng Suxin to visit the Pujiang Branch headquarters of Xinchaorui and Dashang Capital in Pujiang Building. After that, everyone went to the company club on the top floor of Pufeng Building, stood in front of the floor-to-ceiling glass window, and watched the magnificent autumn scenery of Huaihai Road green space to drink tea. Zheng Suxin talked about Han Zirui's plan and Lu Chuanxue's attitude towards this plan, and said with emotion.
"If you really look forward to Wanbang's prospects, you will either make a targeted share issuance of new stocks like Xinchaorui, or you will directly increase your holdings of Wanbang's shares from the secondary securities market. Now, according to Zirui's plan, you can't escape the suspicion of transfer of interests, which is not conducive to Wanbang's future development, but they can't wait. Lao Lu and I don't want to treat them, so I just want to retire completely. You must be mentally prepared..."
Lu Chuanxue was so discouraged that he did not want to interfere in Wanbang's affairs anymore. It should not be as simple as Zheng Suxin said. It may be more likely that Zheng Cong's will behind it.
In addition, this plan can maximize the interests of both Zheng and Han families. Lu Chuanxue has retired. Even if there are many things that are not agreed with, it will be difficult to stick to its own opinions.
However, Zheng Suxin was about to retire completely, which was a bit beyond Chen Li's expectations, and it was not what he wanted to see at this time. Looking at Zheng Suxin, seeing that she was more determined, she should have made a decision. This time she came here just to notify them.
Although at the insistence of Han Ziwei, the fourth phase real estate investment fund reduced all its holdings in Xinrui City. The funds cashed out of this share reduction were almost all distributed to investors as investment dividends under Han Ziwei's insistence, the fourth phase real estate investment fund still holds nearly 20% of Longyu Real Estate's equity and has not undergone final liquidation.
In addition, Zheng Wenyuan and the Zheng family behind him also hold more than 20% of Dashang Capital, of which Zheng Wenyuan's personal shares and Huayu Investment's shares each account for half.
Previously, Zheng Suxin concentrated the voting rights of the shares held by Huayu Investment and the nomination rights of the board of directors under Zheng Wenyuan alone.
If Zheng Suxin chooses to retire completely this time, Huayu Investment will most likely be Han Ziwei taking over under the instruction of Zheng Cong. At that time, Huayu's holdings in Dashang Capital will not fail to send directors to occupy a seat in Dashang's board of directors, and even Han Ziwei may directly enter the board of directors of Dashang Capital.
Zheng Suxin made a special trip to Pujiang this time to say hello to this matter, wanting to see what Chen Li has to say, and can help coordinate while she has not thrown the matter out.
At the beginning of Xinchaorui's development, Zheng Wenyuan made great efforts, but the reason why Zheng Wenyuan was able to contribute was inseparable from the powerful resources of the Zheng family behind Zheng Wenyuan, which also destined that Xinchaorui had been inextricably linked and involved with the Zheng family from the beginning.
This is actually an important reason why projects such as Qingquan Xinrui City can be successfully launched and Xinrui City can successfully use Dingxin Chemical's shell to achieve listing.
"The operation of Dashang Capital has already been on the right track. There are more and more professional people involved in the governance of the board of directors. There is no problem with Xinchaorui." Seeing that Zheng Suxin had already made a decision, Chen Li stretched and said.
On the one hand, Xinchaorui holds the controlling stake in Dashang Capital, and on the other hand, Chen Li doesn't have to face Han Ziwei directly, so even if Han Ziwei wants to directly join the board of directors of Dashang Capital, he will not have any objection.
Zheng Wenyuan frowned in pain.
Zheng Wenyu and Han Ziwei can match Lu Wenzhong and Zhou Li with him. If Han Ziwei is not at all sensible and insists on joining the board of directors of Dashang Capital, the most awkward and uncomfortable thing is Zheng Wenyuan.
Dinner was arranged directly in the company club on the top floor of Pufeng Building. Zheng Suxin didn't like staying in a hotel, so she planned to live in Zheng Wenyuan's house at night - the villa of Zheng Wenyuan and Zhou Li in Pujiang, which was also the old house where Zheng Suxin lived with Lu Chuanxue in Pujiang. After Zheng Wenyuan and Zhou Li got married, they gave it to them as a wedding room.
Zhou Li is in Pujiang these days, and Zheng Wenyuan and Zhou Li still maintain a nameless marriage relationship. As long as Zhou Li is in Pujiang, he will not go back to live. Therefore, after dinner, Zheng Wenyuan pulled Chen Li and sent his second aunt Zheng Suxin and his assistant back together. He parked the car in front of his yard, and found an excuse and did not get off directly.
Zheng Suxin also knew the current situation of Zheng Wenyuan and Zhou Li, but she watched Zhou Li grow up since she was a child, and she was not easy to say anything about the relationship between them. However, she lived here at night and met Zhou Li and said something, but it didn't hinder it. She just sighed when she got off the bus, and didn't know how to persuade Zheng Wenyuan to have a good relationship with Zhou Li.
Zhou Li heard the sound of the car honking outside and ran downstairs to open the yard door, and took Zheng Suxin's luggage with her with her assistant and took it out of the trunk of the car.
It is normal for Zhou Li to talk to Zheng Wenyuan through the car window. Anyway, the couple have long been used to this relationship, so there is no embarrassment when they meet, and they get along like old friends who have known each other for many years.
If Zheng Wenyuan had something to do, or if Zhou Li had something to do, he would tell Zheng Wenyuan directly. Zhou Li and Zheng Wenyuan's circle of friends were not alienated. In the past, he had dinner with Chen Li and the others and had sex with him once or twice. But this time, Zhou Li looked much colder than before when she saw Chen Li's expression.
Chen Li naturally knew why, so he hurried in the passenger seat and smiled at Zhou Li. Seeing that Zhou Li turned her face away, he did not come over to make things boring.
Seeing the second aunt Zheng Suxin, Zhou Li and her assistant walking into the yard, Zheng Wenyuan started the car and was about to leave the community, while saying to Chen Li: "You boy made Bingyang leave Pujiang sadly. Logically speaking, I have to draw a clear line with you..."
Chen Li gave Zheng Wenyuan a blank look and said, "Do you have any idea whether I slept with your sister?"
Zheng Wenyuan was anxious to find something to smash Chen Li on the dashboard. Chen Li raised his hand and begged for mercy. He lit two cigarettes, distributed one to Zheng Wenyuan, and said, "My second aunt wants to retire completely this time and does not plan to take care of Dashang Capital anymore. Maybe it is also affected by this matter?"
"What do you think?" Zheng Wenyuan gave Chen Li annoyed and said, "If it weren't for your and Bing Yang's affairs, even if my aunt didn't want to manage the matter, it wouldn't have allowed Han Ziwei to have the opportunity to interfere in Dashang Capital. Before retirement, she would have found a way to straighten out the relationship between Huayu Investment and Dashang Capital. Now, my aunt is extremely disappointed with you and me. She left behind this big mess and didn't want to help us sort it out clearly. She is going to prepare for retirement..."
Chapter completed!