Chapter 567: Backdoor listing
"Team Leader Ye, you're finally done."
Seeing Ye Cheng take off his helmet, the impatient director on the side hurriedly stepped forward: "It's the same as you said, that female watch. The son really ......"
"I see." Waving his hand to stop the director from talking, Ye Cheng tapped his thumb on his temple, and said slowly: "You go and ask the deputy director to come over on the grounds that I am messing up the order of the prison." ”
"Is he coming?" The director's bloodshot eyes were full of uneasiness and scruples, he didn't think that the deputy director's department-level treatment would sell his face, not to mention that he almost broke his adultery with his wife last night......
MD, no, why was Lao Tzu planted the grassland by him, and still endured humiliation? Go and go, don't come and drag the girl over! Anyway, there is the endorsement of the big guy of the different association.
The director had already let go, so Ye Cheng didn't explain, and said lightly, 'Go and come back', and then opened the webpage and entered a URL to pay attention to the Shanghai Composite Index.
A-share Chengye Group was established for nearly ten years, with a total of 368 million shares of 600 and 601 starts, with an issue price of 10 yuan, a value of 257.67 yuan per share at its peak, and a total value of 94.8 billion yuan for the group.
Ye Cheng made a call to No. 1 and learned that the stock speculation army, the so-called retail investors, held about 33.6% of the group's shares, about 120 million shares.
Knowing that the trader in the dark was going to put the group to death, Ye Cheng settled down and said ruthlessly: "If it falls below 20, it will be ...... Wait......"
The capital can not be soft-hearted, Ye cost intends to save a sum of money for the group to the greatest extent, but as soon as the market opens, the trader on the opposite side is crazy to buy high and sell low, a quick knife to cut the mess, just a phone call, A-share Chengye Group fell from 26 yuan to the freezing point of the issue price, 10.78 yuan per share.
Wait any longer, the rooftop of the headquarters building will be overcrowded again, Ye Cheng decided to make a move: "Let's start." ”
The strategy of the opposite trader is very simple, taking advantage of the autumn wind some time ago, turning the shares of Chengye Group into scrap stocks and entering the three-board market, which cannot be allowed to succeed.
"Buy it all, high or low."
No. 1 gave an order on the other end of the phone, after talking to Ye Tian last night, he was also fully prepared, at this moment, a hundred computers are full of temporarily recruited college student traders, no matter how much the stock price is, all of them are bought, without any technical content, it is to throw money.
Millions of funds were thrown into the market in batches, and they didn't even leave a little respite for the other party's traders, and it only took ten minutes to buy 110 million shares, spending about 1.2 billion, the last family of Chengye Group, among which Ye Cheng naturally cashed in the 100 million transfer of the 'ten-year covenant'.
The 110 million A shares of 600.601 are already virtual waste paper-like existence.
No. 1 sighed, and said to Ye Cheng: "There are about 1,000 employees in the group, with an average salary of 7,000, and if you unilaterally terminate the employment contract, you need to pay an extra month's salary for liquidated damages, which is about 14.5 million." ...... on the account"
No. 1 wanted to stop talking, Ye Cheng knew that after the salary, Chengye Group, which had dominated China for more than ten years, basically bid farewell to the capital stage, and no enterprise could cross a hurdle - the capital chain was broken.
But he had to accept this fact of his own making, and asked in a low voice: "What's the situation with the bank?" ”
Any listed group is inevitably a financing method - bank loans, how much Chengye Group's loans, Ye Cheng does not know, but it is certainly not a small number.
"The mortgage loans of the four major banks totaled 56 billion, and in a few years, there are still 10.9 billion arrears, and the Agricultural Bank of China has seized the group building to pay off the debts at a price of 3.6 billion. CCB also received two real estate projects under development for 1.96 billion. The total post-loan principal and interest of ICBC and Bank of China was 5.34 billion, and private credit ......"
No. 1 stated, Ye Cheng listened carefully, and the frequent numbers made him a little numb, thought about it, and said, "Debt restructuring." ”
The so-called debt restructuring refers to the matter in which the creditor makes concessions in accordance with the agreement reached with the debtor or the court's ruling when the debtor is in financial difficulty.
Generally speaking, there are several ways, one of which is to pay off debts with fixed property rights, which has been preempted by the Agricultural Bank of China and the Construction Bank.
second, the conversion of debt into capital; The bulk of the capital is stocks, and the Chengye Group has lost its capital position, which is obviously not established.
Third, other debt conditions should be amended, such as reducing the principal amount of the debt, lowering the interest rate, and waiving the unpaid interest payable. This is the one that Ye Cheng wants to use.
At the end of the hearing, he basically knew that the total amount of his debts was about to be, and if the negotiations were successful, the ICBC and the Bank of China only needed to repay the principal of 3.5 billion yuan, and the private credit was 1.6 billion, totaling 5.1 billion.
If you can't talk about it, you can file for bankruptcy.
"They didn't have the courage to refuse our terms." No. 1's sentence gave Ye Cheng a reassurance.
…
"God! You asked me to take a shell company with a registered capital of 60 million and even a business license that is only an electronic version to hand over your family's debts? Have you switched to charity? ”
When she heard Ye Cheng's arrangement, Lan Xinyu was almost about to collapse, and she had not yet stepped out of the surprise of the newly obtained king weapon-You Fang suit, when she heard the biggest joke of this century.
How stupid are this father and son?
Wholeheartedly for the sake of shareholders and employees, forget it, but the camel is bigger than the horse.
But are you doing charity?
What can be solved by declaring bankruptcy and becoming a dishonest person subject to execution, why not spend 5.1 billion? That's not 51 yuan, 510,000 yuan! Not to mention ordinary people, how many companies have been difficult to present the capital flow on the books for a lifetime, and they have been taken care of by your surname Ye in a few words?
"Xinyu, you can't say that, I have my own plans."
Ye Cheng knew that Lan Xinyu felt that he was crazy, and he also felt that he was crazy, otherwise how could he add 5.1 billion debts to himself?
It's just that letting Chengye Group be destroyed in one fell swoop is definitely not what my father wants, nor is it what I think, so let's dare to act as a husband.
Cainiao Industry invested 1 billion yuan in Huawei in the first phase, although only 100 million yuan was received, but it accounted for 31% of the shares and 15% of the gross profit of each batch of new machines, which was clearly drafted, and this contract behavior happened to meet the operating conditions of the industrial company.
Today, No. 1 has spent 1.2 billion yuan to buy 110 million shares of the group, accounting for about 29% of the shares, plus 25% of the shares that his father already held in his hands that have been notarized by No. 1, and 12% of the 1.6 billion private credit will be repaid, with a total of 66% of the shares.
In this way, Chengye Group will be firmly held in its hands and become a subsidiary of Cainiao Industrial Holdings.
In this way, Chengye Group will avoid the embarrassing situation of entering the three-board market in the short term, because Ye Cheng wants to go public through a backdoor listing.
Backdoor listing, also known as "backdoor listing", "backdoor listing" or "reverse takeover", refers to a non-listed company purchasing a certain percentage of the equity of a listed company to obtain the status of listing, and then injecting its own relevant business and assets to achieve the purpose of indirect listing.
Generally speaking, backdoor listing is a better choice for private enterprises.
Ye Cheng just entrusted Lan Xinyu to set up the rookie industry yesterday, except for the disadvantages of no reputation in the industry, poor qualifications, low qualifications and other disadvantages, all other conditions meet these conditions.
To take the first big step, you have to start with debt! Isn't it 5.1 billion? It's back!
"Understood." Lan Xinyu felt that Ye Cheng's big game of chess had already fallen the first piece, and it was obvious that he had no regrets.
"If you understand, go ahead and do it. Also, you need to ...... with Qing'er."
After Ye Cheng whispered a few words, he was relieved, leaned back on the chair and let out a breath of turbidity.
Compared with muffled and burdened with huge debts, Ye Cheng is more afraid of being isolated, even if the combat power is low in the game, he can also be in the alliance, but in reality, without any help, he may fall into a more dangerous abyss, fortunately, Lan Xinyu is sensible and will solve the difficulties at the beginning of the establishment of most enterprises in every detail.
But there is one thing, Lan Xinyu himself is also clear.
In order to avoid the collapse of the secret operators of Chengye Group, they extended their fangs to the fledgling rookie industry. At the beginning of its establishment, the legal representative of this industrial company was Lan Xinyu.
A woman who can't beat Ye Cheng, whether from superficial observation or in-depth investigation.
What's more, she will soon move out of Block A of the villa because of her break with Yueqing.
…
With Lan Xinyu rolling and deploying from it, No. 1 unconditional agency cooperation, coupled with the special case caused by the ambiguous relationship between the four major banks and the court, just after noon, the debt problem of Chengye Group has been properly excessive, and only the electronic version of the license of Cainiao Industrial soon has a complete paper license, inheritance, no, accepted a total of 3.66 billion yuan of bank debts and 1.8 billion yuan of private credit total principal and interest of the subsidiary - Chengye Group.
Interest can not be all, but it can't be not, the vicious and cold-blooded capital world is often not lacking in examples, Ye Cheng unknowingly, the debt increased by another 360 million yuan.
But from the perspective of an onlooker, this debt was signed into effect by a stupid woman named Lan Xinyu, who was hailed by the capital market as the receiver of the year.
The wall fell down and everyone pushed, the other 34% of the shares of Chengye Group went to the direction, and they were held by 10% of the former chairman Ye Tian's brother and sister respectively, and they took out 1 million support at the beginning of Ye Tian's business, and the shares were their return, and now, in addition to Ye Tian's brother who is willing to continue to hold, the younger brothers and sisters have contacted the unjust boss - Lan Xinyu, and sold it at a price of 1 billion.
This price can no longer be considered a sell-off! After all, No. 1 returned 29% of the holdings held by retail investors, and only spent 1.2 billion! The price of 33 yuan per share for two people is not low.
In this regard, Lan Xinyu, who arrived in Suzhou at night, only gave a reply: "According to the current stock price, 1.96 yuan per share, love to sell or not, and continue to depreciate if you don't sell!" Don't wait for the stock to enter the three-board market, and then come to the old lady. ”
The three-board market is not only a nightmare for listed companies, but also a nightmare for shareholders.
Including Ye Cheng's uncle, Lan Xinyu gave an explanation to everyone, at the cost of 120 million and 1% of the shares of Cainiao Industry.
Ye Cheng's third uncle and aunt, each of them is 60 million, not to mention that this figure is 60 times their investment, and the dividends that Ye Tian has given them over the years alone are nine figures.
However, Ye Cheng's uncle surprised Lan Xinyu and gave him 1% of the shares of Cainiao Industry, but he didn't want it, and at the same time he was willing to transfer the shares in his hand to Ye Cheng for free, only saying that his younger brother was in trouble, and it didn't matter if he couldn't help the eldest brother, he couldn't pit his nephew anymore.
Human nature is not as bad as imagined.
Lan Xinyu was in Ye Tian's office in the past, and he tasted the warmth and coldness of humanity in just one day.