When Su Yi calmly stated that he could help Lei Kaishan acquire "Jingcheng Holdings" shares in the secondary and primary markets with 2 billion yuan in funds.
Mr. Liang, Mr. Gao, and Chairman He, who were present, were all utterly shocked.
Earlier, when Lei Kaishan discussed with the three of them about jointly seizing control of "Jingcheng Holdings" Group.
Although the three had agreed, they didn't hold much hope internally.
After all, as Su Yi had said before, compared to the incident where the "Baoneng Group" launched a battle for control against "Kewan Real Estate" Group, and compared to the equity structure of "Kewan Real Estate" Group, it was clear that the equity structure of "Jingcheng Holdings" Group was relatively more concentrated.
With just the number of shares held by these few shareholders, it would be difficult to unseat the Qin father and son.
And to win the unanimous support of other small and medium shareholders in the group.
Basically, the chances were very slim.
But now...
With Su Yi, a top market trader, and his 2 billion yuan in capital support, as well as the dirt Lei Kaishan currently held and his connections cultivated over years in the group.
Overthrowing the current control of the Qin father and son over the group was no longer entirely uncertain.
What's more, Lei Kaishan was originally one of the vice presidents and major shareholders of "Jingcheng Holdings" Group.
Launching a battle for equity control was not an "unfriendly takeover," meaning the resistance encountered, both in public opinion and within the group, would be far less than the "Baoneng Group's" attempt to control "Kewan Real Estate" Group.
"No need to be so polite, Mr. Lei."
Su Yi said with a smile,
"The reason I agreed to this is also because I am optimistic about the future development of 'Jingcheng Holdings' Group and the real estate industry in the next few years. Of course... the most important thing is that I believe Mr. Lei's management philosophy might be more suitable for the future of 'Jingcheng Holdings' Group."
"Haha... Brother Su, you flatter me,"
Lei Kaishan said with a laugh.
"Old Lei, our group's plan to list on the A-share market has already reached the stage of queuing for review,"
Chairman He said.
"When do you plan to make your move?"
Lei Kaishan said,
"Let's wait a bit longer, until I have more sufficient evidence."
"Good!"
Chairman He nodded and then asked,
"How do you plan to approach the investment institutions?"
Lei Kaishan said,
"For now, there's no need to contact them. Once I have sufficient evidence, and when the group's listing plan encounters difficulties, these institutions, driven by profit, will definitely rush to seek an exit when they realize the group's listing plan is going nowhere. At that time... it will be more advantageous for us to approach them."
"Old Lei..."
Mr. Liang thought for a moment and said,
"There's another point. If Chairman Qin discovers our motives and moves to increase his stake, further consolidating his control, then we would essentially have no chance."
Lei Kaishan chuckled,
"To increase shares, you need real cash. How much liquid capital does Qin currently have? I estimate a few hundred million at most. Furthermore, our group is currently in a rapid project expansion phase, with high debt-to-asset ratios, and credit lines from banks are basically maxed out.
Even if Qin feels threatened after our actions and wants to increase his stake to solidify group control and ownership, he would still need to come up with that much capital.
And with Brother Su's help... Whether it's in the primary or secondary market's competitive share acquisition, having a capital advantage means we absolutely cannot be at a disadvantage."
The reason he had waited until now to implement this plan.
Was primarily because he saw that the group had already maxed out its financial leverage for scale expansion, meaning the Qin father and son would not have much liquid capital at this stage.
This was what gave him the idea.
To use his 7% stake, along with other major shareholders of the group, to contend for control of the group.
Of course, as the saying goes, there are no airtight walls in the world.
Just as he was trying to win over Mr. Liang, Mr. Gao, Chairman He, and others within the group who had long been dissatisfied with Qin Song's autocratic style and his designation of an internal successor.
At this moment, in a Qin family villa in Modu.
Qin Song's chief secretary, Kang Dongliang, had already reported the matter to Qin Song.
Qin Song's eyes flickered as he pondered for a moment, then said,
"Lei Kaishan has been in charge of the group's 'real estate development business segment' for so many years. His roots within the group are indeed deeper than I imagined. The reason I transferred him from the 'real estate business' segment was because I discovered that this segment was essentially all his people. If I let him continue managing it like that, it would eventually become uncontrollable."
"It seems Mr. Lei harbors considerable resentment about the group moving him to the 'property management' segment,"
Kang Dongliang said.
"Recently, Mr. Lei, Mr. Liang, Mr. Gao, and Chairman He... they've been meeting quite frequently. I'm worried they might unite and challenge you, Chairman, at the next board meeting!"
Qin Song chuckled, not overly concerned, and said,
"Just the few of them can't pose a threat to me. Right now, the top priority is for the group to successfully list on the A-share market and secure several key plots of land in the core areas."
At this point...
Qin Song quickly turned his gaze to his eldest son, Qin Renzhao, and asked,
"Renzhao, how has the project been progressing recently? In terms of management... there haven't been any troubles, have there?"
Qin Renzhao said,
"The overall situation in the real estate industry has been recovering recently, and property prices in Modu have begun to skyrocket. Several real estate development companies competing with us are quite strong.
To successfully acquire these plots of land, the bidding price will likely far exceed previous expectations. As for management, the vice presidents and project general managers have been relatively obedient, and there haven't been any major issues."
"That's good,"
Qin Song nodded slightly and said,
"The expectations for a real estate industry recovery are growing stronger and more consistent. Our group's current capital reserves are quite sufficient, and these development projects are all in core areas with considerable future potential. Even if there's a premium this time, we must secure them."
"I know,"
Qin Renzhao responded,
"Please rest assured about the projects, Father. It's just Lei Kaishan... Father, you should still be cautious about him. Recently, the 'Baoneng Group' forcefully acquired a large number of 'Kewan Real Estate' shares, gambling tens of billions to seize control of 'Kewan Real Estate' Group.
This sets an example for latercomers. I'm worried Lei Kaishan might be dissatisfied with the group's decisions and could very likely unite with other small and medium shareholders of the group..."
Qin Song waved his hand, cutting off Qin Renzhao, and said,
"Don't worry too much. Lei Kaishan only holds 7% of the shares. Even if he tried everything, he couldn't unite so many small and medium shareholders. As for trying to emulate Mr. Yao of the 'Baoneng Group,' that's even less likely.
Does he have Mr. Yao's financial strength? Besides... our company's shares on the Hong Kong stock market haven't shown any unusual movements recently, have they?
Hehe... To be honest, I actually wish he would act like the 'Baoneng Group.' After all, if he increases his stake in the group's shares on the secondary market, it would certainly benefit the appreciation of our group's stock and contribute to the growth of the company's market value.
Judging by the current development status of the industry. A new round of scale expansion and property price surges in the real estate industry is highly probable. At this time, many competitors in the industry are expanding by acquiring land, desperately scaling up, and grabbing market share.
We've been struggling with the company's capital scale, unable to keep up with many competitors. If Lei Kaishan could emulate the 'Baoneng Group' and help us push up the group's stock price and market value.
Then, by leveraging the inflated group market value, we would be able to raise more funds from financial institutions. This would be more conducive to the group's expansion strategy at the current stage. As for the battle for control... What qualifications does he, a small shareholder with a 7% equity stake, have to fight us?"
Lei Kaishan had worked for him for almost twenty years, and he understood his capable subordinate very well, both in terms of personality and ability.
He did not believe the other party had the financial strength to forcefully acquire shares from the many small and medium shareholders of the group.
Nor did he believe that the majority of other small and medium shareholders in the group would side with Lei Kaishan.
Moreover, even after introducing institutions and diluting equity through additional share issuance, he still held approximately 30% of the shares.
Coupled with several other important shareholders within the group who acted in concert with him.
The group equity he could control was at least over 50%.
This accounted for more than half.
Therefore, from any perspective, no matter how Lei Kaishan stirred things up, he did not believe the other party had the power to dislodge his control over the group.
Of course, even though he inwardly felt that Lei Kaishan neither had the courage nor the ability to do this.
He deliberated for a long time before instructing Secretary Kang Dongliang to closely monitor Lei Kaishan's movements recently and identify which small and medium shareholders in the group were close to him.
Thus, taking this opportunity to further streamline the group's internal management structure.
To clear obstacles for Qin Renzhao's future leadership of the company.
"Dad, Ge, Uncle Kang..."
While the three were discussing internal group matters, Qin Feng, the profligate second son of the Qin family, walked into the villa's living room, greeted them with a smile, and headed upstairs to his room.
"Xiaofeng, come here."
Qin Song glanced indifferently at Qin Feng and beckoned him over.
Seeing his father's stern gaze, Qin Feng felt a little intimidated, hesitated, and then turned back to stand beside Qin Song.
"Why have you been constantly going to 'Yinyun' music training institution recently?"
Qin Song asked.
Although he had no hope for this second son's future and no intention of grooming him, he still hoped that the other party would not cause him trouble or always do provocative things.
"Nothing really?"
Qin Feng replied.
"Really?"
Qin Song's gaze gradually changed.
"How come I heard you hit someone again?"
Qin Feng said,
"That kid deserved it."
"Do you know who you hit?"
Qin Song said,
"He's the son of Director Hou of the Housing and Urban-Rural Development Bureau."
"Oh,"
Qin Feng responded indifferently,
"No wonder he looked shifty. Dad, just worry less about my business; Big Brother is enough for the family anyway."
Qin Song sneered,
"What kind of talk is that? Do you think I want to meddle in your affairs? Do you know how much trouble you've caused your elder brother and how much unnecessary loss you've brought to our group just because you hit someone's son? You speed, you hang out in bars all day, you play around with women... I don't care about that, but don't cause me trouble."
"Alright, alright, I'm useless anyway."
Qin Feng shrugged and left nonchalantly.
"Dad, what you just said was a bit harsh,"
Qin Renzhao said.
"Actually... Xiaofeng has been quite obedient."
"Obedient?"
Qin Song chuckled, but said no more, turning his gaze to Secretary Kang Dongliang and continuing to ask,
"The girl Xiaofeng is pursuing, what's her background? Have you investigated it thoroughly?"
Kang Dongliang replied,
"It's all clear. And you know what, this girl... has quite a background, and she's blind."
"Blind?"
Qin Song and Qin Renzhao, the father and son, were both astonished upon hearing this.
Kang Dongliang nodded and handed Qin Song the photos taken by his subordinates, along with the girl's information.
Qin Song looked through them, thought carefully for a moment, and then recalled the girl's background, saying,
"Is she the younger sister of that Mr. Su who's recently become famous in Modu's financial circles?"
"Yes,"
Kang Dongliang replied,
"Her background, identity, image, everything is good, but unfortunately, she's a blind girl."
"With Mr. Su's current financial resources, curing her eyesight shouldn't be difficult, should it?"
Qin Song said.
"I heard that Mr. Su recently sold over three billion yuan worth of 'Kewan Real Estate' shares to Mr. Yao of the 'Baoneng Group.' This move... is truly extraordinary. And now that the head of 'Zexi Investment' has fallen, many business owners in Modu with capital should want to win over such a brilliant rising star, shouldn't they?"
Kang Dongliang said,
"Mr. Su has recently established an investment company called 'Huayi Capital,' located in the IFC Tower in the financial district. It should be opening soon. I also heard that their company has signed a cooperation agreement with a platform under the 'Oriental Fortune' Group, intending to issue a private equity product. This fund, named 'Huayi Yuanzheng,' hasn't officially launched yet but is already being widely discussed in major investment circles across Modu."
"I've heard about this too,"
Qin Renzhao said.
"Mr. Su, at such a young age, truly is a newly rising financial legend in our Modu. His current momentum has somewhat overshadowed the previous Mr. Xu of 'Zexi Group.' I heard that Mr. Fang of 'Yuanhang Group' has a quite unusual relationship with Mr. Su."
"'Yuanhang Group'..."
Qin Song mused,
"It seems the Fang family has taken a liking to this young man."
Kang Dongliang said,
"The Fang family's background is quite extraordinary. I heard that a certain niece of Mr. Fang from 'Yuanhang Group' has an unusual familial relationship with the leader who is about to be transferred to our Modu."
"The rumors do suggest something like that,"
Qin Song said.
"Mr. Fang of Yuanhang Group is indeed a remarkable figure."
"Then, about Xiaofeng's matter..."
Qin Renzhao trailed off.
Qin Song rubbed his temples, pondered for a while, and said,
"Since she's Mr. Su's sister, let's just let things take their course for now. As for Director Hou's family... I'll give him a call. As for Mr. Su... Renzhao, you try to get in touch with him later and see what his thoughts are.
I did interact with Mr. Su once before. I feel this person might have a great talent for financial investment, but in terms of interpersonal relationships, he's not as adept. Perhaps it's also because he's quite young, and many social intricacies aren't handled as smoothly yet."
"Understood, Father."
Qin Renzhao nodded in response.
"I heard that Mr. Su had a good personal relationship with Mr. Lei from our group before,"
Kang Dongliang suddenly remembered and said.
"Chairman, should we pay special attention to this? What if Lei, along with Mr. Su, uses Mr. Su's current financial resources, his current reputation in the entire Modu financial circle, and the attention he garners both within and outside the industry... then we would be in trouble."
Hearing Kang Dongliang's reminder, Qin Song's eyelids twitched, and he instantly grasped the crucial point, saying,
"I almost overlooked this. We indeed need to pay attention to movements in this regard, Dongliang... pay close attention. If these two get too close, then we'll have to prepare early."
Kang Dongliang nodded, indicating he would pay more attention.
Meanwhile, while the three were discussing countermeasures and also contemplating trying to win over Su Yi.
Su Yi, after a few drinks at the restaurant and finishing important discussions, had already parted ways with Lei Kaishan, Mr. Liang, Mr. Gao, Chairman He, and others, returning home.
After that, he rested for a night.
The next day, after the market opened, he continued to reduce his stock holdings as planned.
After the final reduction and sell-off.
On Friday, December 18th, Su Yi finally completed a full liquidation, clearing all the stock shares he held, with a total capital recovery of 6.289 billion yuan.
Regarding these 6.289 billion yuan in cash assets.
Su Yi transferred out 3 billion yuan from his stock account.
Of this 3 billion yuan, 2 billion yuan was promised to Lei Kaishan for the continuous acquisition of "Jingcheng Holdings" shares to help him seize control of "Jingcheng Holdings."
The remaining 1 billion yuan would be used for company operating expenses, personal investments in the primary market, and daily living expenses.
As for the remaining over 3 billion yuan in the stock account.
He planned to leave it in the stock account, and after the arrival of 'Stock Market Crash 3.0' and the market underwent a brutal cleansing, he would then deploy new investment mainlines.
(End of Chapter)