Reborn, you call this an honest person?

Chapter 265 Strict Selection of Financing

ps: There was a major mistake in the previous chapter. Company mergers and acquisitions will not affect the value of equity in the hands of shareholders, but only explain the proportion of equity in the hands of shareholders.
In addition, the valuation of the merger and reorganization company is not 300 billion. Pinxixi is valued at 300 billion. After the acquisition of JD.com for 200 billion, the company's valuation should be 500 billion.
The new company is equal to Pinxixi's 300 billion + JD.com's 200 billion, not just Pinxixi's 300 billion.

……

Sun Yutong connected from Pinxixi's merger and acquisition to Yanxuan Group's financing,
It is not only him and Pinxixi shareholders who are plotting against Wang Heng, Yanxuan Group is also plotting against Wang Heng,
Will Wang Heng reverse?

Strictly select the three major shareholders of the group,
The first shareholder, 31.1% of Pinxixi Mall,

The second shareholder, Ma Yun 24.3%,
The third shareholder, Wang Heng 14.5%,

Normally, Ma Yun has 24.3 votes ten times the voting rights of 243% of the shares, and he has already established an invincible position.
Even with Wang Heng's 14.5% ten times the voting rights, plus the remaining 61.2% common shares, there are only 206 votes.
Even if Yanxuan raises shares by 30%, and Ma Yun’s shareholding ratio is interpreted to 20.4%, there are still 204 votes left.
And Wang Heng's b-share rights were interpreted even worse, only 10.3%,

So it is equal to 103 votes plus 69.3% of the 69 drifts, which is only 172 votes. It is impossible to win Ma Yun and get strict selection to control.

What's more, Wang Heng's voting rights have been given to Ma Yun, so no matter how you look at it, there is no chance of winning.

And Wang Heng has already given out 200 billion, does he still have money?

Sun Yutong is thinking about this issue, and Ma Yun is also thinking about it.

After Pinxixi acquired JD.com and restructured, Pinxixi has not held a board meeting for a long time.
In addition, there was news from Pinxixi that Wang Heng had dismissed Sun Yutong and was handing over work to Liu Dong.

Ma Yun suspects that there must be tricks in it!Ma Yun will not let it go if he has doubts, especially for Wang Heng,

Then he spent a little money and soon found out that Wang Heng borrowed 200 billion from Liu Luanxiong to finance Jingdong and then merged with Pinxixi, completely controlling Pinxixi.

After knowing the situation, Ma Yun breathed a sigh of relief. Wang Heng used Pin Xixi to operate, and he probably wouldn't attack Yanxuan Group any more.

In addition, Ma Yun was afraid of offending Wang Heng, so he consciously kept Pin Xixi's secret,

At the beginning of June, Yanxuan b6b stocks were lifted, and a large number of stocks flooded into the market.
B2B has a total share capital of 38 billion shares. Except for the 51% held by the parent company Yanxuan Group, the remaining 18.62 billion shares are deducted from the 7.6 million issued shares. The remaining 11 billion shares are all rushed to the stock market.

B9B, which had been stable for a month at 2 yuan, was suddenly dropped to 7.4 yuan by a large number of stocks.
At this time, Hengda Investment still has the remaining 10 billion shares in the contract, which can finally be delivered quickly.

According to the 48 million share contract with a margin of 480 billion profit, Hengda Investment arbitrages [-] billion yuan for Wang Heng at one time, so now Wang Heng is rich again.

The arbitrage of Hengda's investment this time is not the recent profit. After all, it is the financial crisis, who can get out 480 billion,
In fact, as early as a few months ago, Wang Heng cashed out more than 2 billion when shorting b1000b stocks, but he suffered from not having enough stocks for delivery.
Therefore, the cash for these short-selling stocks is frozen in the third-party bank, and the funds will only be released when the contract expires or the user delivers in advance.

After getting rich, Wang Heng didn't pay back the debt first,

Wang Heng currently owes 300 billion in debt, Yanxuan Group 79 billion, Lianxiang 30 billion, Tencent 30 billion, 439 billion is a loan with an annual interest rate of 15%, plus Liu Luanxiong's 200 billion,
A total of 639 billion, except for these large loans, the others have basically been repaid.

The so-called debt is not worrying about lice and not itching, Wang Heng finally understood the feelings of those big bosses in his previous life who owed tens of billions or even hundreds of billions in debt.
Due to the merger and reorganization, Pinxixi is completely in the hands of the company, and there is no need to refinance, so the next goal is to strictly select the group.

Sun Yutong helped Wang Heng do the calculations, yes, Wang Heng couldn't grab the control of Yanxuan Group,

But does Wang Heng care?He doesn't care at all, it's still early for Yanxuan Group to go public,
Yanxuan Group has two more rounds of financing, and Ma Yun's equity will soon drop to 10%.

As for Wang Heng, who is rich, he has been increasing his holdings from now on until Yanxuan Group goes public. Although the B shares cannot be increased, Wang Heng will continue to increase his holdings of A shares.
Although the b-shares have dropped to 4.5%, as long as the a-shares take 55%, they can threaten Ma Yun's status.
Of course, Ma Yun can also contact 30%, Wang Heng will never stop,

In fact, Wang Heng used the method of oppression. Because of the oppression of Wang Heng's equity, Ma Yun needed to work hard to run the Yanxuan Group.
However, Ma Yun can't enjoy the blessings prematurely. Apart from receiving the company's salary, he dare not sell a single share of the stock in his hand, and he has become a super worker.

In fact, even if Ma Yun dumps Yanxuan Group to Wang Heng, he can't find a suitable person to manage it.

Of course, general management is easy to find, but it is difficult to find management to compete with Liu Dong.

Wang Heng hopes that Pinxixi and Yanxuan Group will keep pace with each other, not that one will defeat the other. After all, the two of them were rivals in the previous life, and in this life, Wang Heng will also arrange for them to fulfill their destiny in the two lives.

On June 6th, the hot summer, Pinxixi executives temporarily postponed the financing meeting on June 12th, which made the shareholders of Pinxixi feel that something was wrong.
However, because of the financing of Yanxuan Group, we had to put our minds on Yanxuan Group,
When the financing meeting of Yanxuan Group started, Wang Heng showed up at the venue with a group of subordinates.

Seeing Wang Heng, Ma Yun couldn't help frowning,

Hengda Group is the major shareholder of Yanxuan Group, so it is not surprising that Wang Heng appears here.
What made Ma Yun frown was the surprise that Wang Heng told him in advance,
Unable to guess what Wang Heng was thinking, Ma Yun could only preside over the meeting first.
"The financing target of Yanxuan Group is 200 billion. The pre-investment valuation of Yanxuan Group is 500 billion. The financing shares account for 30% of the company's total equity.

The investment share is 10% for the lead investor, and the remaining 2%-5%. Next, please raise your placard. "

"Red Three Capital invested 25 billion, and will promote Yanxuan Group's listing in Beautiful Country in the future."

"Laomao Capital's contribution of 28 billion can also guarantee the listing of Yanxuan Group."

Although the goal of this strict selection is to raise 200 billion yuan, Ma Yun will not refuse to raise even higher funds without changing the equity, so there is an auction.
After the lead investor's 10% stake was pushed to 35 billion, only Goldman Sachs and Redsan were left on the scene. The two companies seemed to be pulling each other, adding 5 million to 5 million,

After watching the play for a while, Wang Heng felt bored, so he raised his hand,

"I'll pay 300 billion! 30% equity."

As soon as Wang Heng spoke, the scene suddenly quieted down. Everyone was vying for the lead voter, and when he found a good guy, he immediately took the lead.

Everyone didn't speak, Wang Heng ignored them and continued,

"Is there anyone to add, I will pay for no one."

Hengda Investment is the major shareholder of Yanxuan Group, half of Wang Heng's money will be returned to Wang Heng in the end, and Hengda Investment will not lose money anyway.
So everyone is not so stupid, just throw money away,
Wang Heng saw that everyone was silent, so he directed and acted as an auctioneer.
"300 million for the second time."

"300 billion for the third time!"

...

(End of this chapter)