You are worth tens of billions before you come to the system?

Chapter 182 Come on!juvenile!

At the end of the meeting, Lin Zitai sent away the foreign investors, leaving behind Liu Shifan, Wei Yixiang and other domestic heavyweights.

At the same time, he also called the other two people in the reception room, asset management department managers from Bank of China and CITIC. They were not yet qualified to participate in Mojin's shareholders' meeting.

ICBC, Bank of China, CITIC and Ping An, these four banks almost represent the richest and most powerful financial institutions in the country.

"I'm sorry to disturb everyone's time. I believe you are not here to listen to my idle chatter. I will keep the story short."

Lin Zitai informed that he plans to sell 202% of the shares at a valuation of US$5 billion: "I wonder who is interested?"

He currently holds 65.025% of Mojin's shares. The shares he had given to Su Jiayue, Liu Xiaojun and others were dry shares, not actual shares. The nominal shares are still in his hands.

Even if 20% of the shares are used for IPO, and another 3% is injected into the company's option pool, after two rounds of dilution, there will still be 50.075% of the shares.

It is indeed a bit redundant to hold more than 50% of the shares after the company is listed. Now is the best time to cash out.

Because not only does listing have a lock-up period of up to half a year, but if the founders reduce their holdings significantly, it will also have an impact on the stock price.

Wang Yijun from CITIC smiled and said: "Mr. Lin, we at CITIC are very interested, why not wait until after the IPO?"

Lin Zitai chose to sell his shares at this time, and it has to be said that he made a good calculation, because taking over his shares at this time not only needs to bear 20% of the IPO, but also needs to bear 3% of the equity incentive plan.

In other words, the 10.1% stake purchased for US$5 billion will result in a loss of US$2.32 million upon acquisition.

In particular, neither CITIC nor Bank of China participated in the two rounds of AB financing, and the US$2.32 million was almost a pure loss.

Lin Zitai was stunned, then laughed and said: "Manager Wang, if you think so, then I have nothing to say."

They are all people pretending to be confused. People who get on the AB two-wheeled car cannot be generalized from those who get on the car before going public.

He did make a calculation, but Wang Yijun did not mention the increase after listing, which was enough to make up for the 23-point deficit.

If you plan to purchase 5% of the shares from the secondary market after listing, it will cost at least US$15 billion, or even more.

Because new stocks are listed, the IPO only issues 20% more circulating shares, and 20% may not all be circulated in the market.

On the eve of listing, with a premium of only 23%, you can get 5% of the shares of the listed company, which is a very reasonable premium.

Lin Zitai did not force it, but looked decisively at Sun Zeqiang, the asset management manager of Bank of China, with a smile on his face: "Manager Sun, do you have any ideas at Bank of China?"

Wang Yijun was stunned. Seeing that the test was useless, he hurriedly smiled and said, "Mr. Lin, it's not that we can't talk."

Wei Yixiang glanced at it and hurriedly expressed his support: "Mr. Lin, our Ping An Asset is also interested."

Liu Shifan smiled calmly: "I'll leave it all to you. I'm about to retire, so I won't get involved."

ICBC holds enough shares, and he is about to retire. Whatever he does is based on a soft landing.

At a premium of 23%, buying 5% of the original shares of a company that is about to be listed is profitable, but it is also a long-term investment.

But don’t be afraid of [-], just be afraid of the worst case scenario. What if Mojin’s IPO subscription ratio is not as optimistic as people think? What if Mojin falls below the issue price on the day it goes public.

Although the probability is only one in [-], Liu Shifan is about to retire and doesn't want to gamble. If he doesn't do it, he won't make any mistakes. He can live in peace for half a year and then make a soft landing.

"President Liu, please make tea when you have time."

Lin Zitai gave the three of them the right to distribute 5% of the shares. They only recognized money, not people. They would not please anyone or offend anyone. How to distribute it was their business.

Liu Shifan also chatted with Lin Zitai about Chaoshan tea culture. The two of them were like melon-eaters, watching the three people quarreling with each other.

With a premium of 23% and 5% of the original shares of Mojin, as long as there are no major changes in the next six months, you will almost certainly make a profit.

Ping An participated in financing as early as the A round, held a certain number of shares, and successfully became the target of CITIC and Bank of China.

The three of them went to the reception room next door to have a private chat. Wang Yijun and Sun Zeqiang didn't know what benefits they had promised Wei Yixiang.

In the end, Bank of China and CITIC each invested US$4.04 million to subscribe for 2% of the shares, and Ping An invested US$2.02 million to subscribe for 1%.

The three parties signed the contract, and the purchase funds will be remitted to the Prince Group's public account within the next three working days.

The group's shareholding ratio decreased from 65.025% to 60.025%, but it received US$10.1 billion in liquidity.

When you have money, you should pay off your debts, except for the 20 billion loan from ICBC and the [-] million US dollar mortgage loan from Ping An Group.

Lin Zitai paid off all the fragmentary debts of the group, and the day the US$10.1 billion arrived, it instantly turned into US$1.2 million.After fully repaying the debt of 61 billion Ruanmei coins at one time, the group currently has only 54 billion Ruanmei coins in liabilities and available funds of 13.2 billion.

More than 8 million are the remaining funds after the shares were cashed out, and of the remaining 2 million, more than [-] million are the money from selling drugs in recent months.

Because Lin Zitai applied for a loan extension project with Ping An Bank some time ago, he originally planned to repay ICBC another 10 billion, leaving only 10 billion to wait until he has money to pay back next year.

After all, CCTV publicizes it every day, and Lin Zitai is responsible. If he wants to wear such a big hat, he must show something.

Moreover, the group's liabilities are his liabilities, and the shareholder is either him or Ye Xiyue, there is no third party.

Unlike Mojin, the company now has a lot of shareholders, and the debts belong to the company and have no direct relationship with them.

But when Liu Shifan learned that, he almost begged him not to pay back the money. Anyway, there was a five-year interest-free clause in the original negotiation.

If you really have to repay the money, considering that they have known each other for so many years, you will have to wait until he retires.

It is the consistent practice of banks to provide umbrellas on sunny days and take them back on rainy days. Now the Prince Group is a company where the sun shines and there is no shortage of money.

If the one billion arrears are returned to ICBC, Liu Shifan will have to release the money again at the end of the year.

These days, there are companies with high debt levels everywhere. Maybe this one billion loan will become a landmine in the future, making it impossible for him to enjoy his retirement life with peace of mind.

This year, all his loan tasks have been completed. Now he just wants to survive until retirement and does not want to take on unnecessary risks.

Lin Zitai laughed: "Old Liu, the country doesn't advocate delaying retirement, why don't you work for a few more years?"

The taste of power is fascinating. He knows many administrative leaders who are in their 50s and are trying to extend their tenure in office.

Liu Shifan seems to be the only leader who has been so eager to retire for so many years.

This also made Lin Zitai wonder whether Liu Shifan stepped on shit and wanted to retire quickly and run away.

"It's not, but it's about the same."

Liu Shifan smiled bitterly and kept a secret on his face: "Because the real estate industry is about to explode, it is a good thing to retire early."

From the beginning of the year when CCTV started praising Lin Zitai and repeatedly warned real estate companies about their debts, he sensed danger.

Especially since the middle of the year, the housing loan situation in various regions of Shanghai has dropped significantly compared with the same period in previous years.

This reminded him of the Tokyo Myth in the early 90s, when Japan claimed to have sold the city of Tokyo and bought the United States.

Now, 30 years later, China will be no less generous. Now if it sells Beijing, Shanghai, Guangzhou and Shenzhen, it can also buy the entire United States.

The first-tier cities are not the most terrifying. What is terrifying are the second-tier, third-tier and fourth-tier cities, and even small counties in poverty-stricken areas. Some remote places in the mountains dare to sell high housing prices of more than [-] yuan.

To be able to sell for such a high price is indispensable for the official support of the bank, as well as some messy off-plan properties and unfinished buildings.

Liu Shifan was helpless and sighed: "The only lesson history teaches mankind is that mankind never learns lessons."

With a serious face, he told Lin Zitai that he could do anything at this time, but he must not touch the real estate-related industries.

It is actually very promising to engage in medicine honestly, and it is best not to touch finance. Once the real estate industry is hit by a thunderstorm, some rootless but high-income industries will be affected.

Liu Shifan picked up the newspaper on the table, took a look at the content, and said softly: "It's great to get the name "Biological Era", I hope it can get what you want."

The country is also actively looking for a way out, but the real estate industry is too big and China has a large population. New energy-related industries alone are not enough. More and more high-value industries need to emerge.

He is older and has long lost the ambition he had when he was young, so being alone is the best choice.

"Come on, boy~"

After Liu Shifan left, Lin Zitai fell into deep thought. They all said that having an old man in the family is like having a treasure. This is indeed true.

He knew that there would be thunderstorms in real estate companies, but he did not expect that the thunder would be so powerful.

Because according to Liu Shifan, if this problem cannot be solved, something big will happen sooner or later.

Actively developing new energy sources, in a sense, is sucking the blood of Japan and South Korea.

Since the development of new energy, Korean cars have almost completely cooled down. Japanese cars have successively cut prices and can only rely on low fuel consumption to support themselves.

(End of this chapter)