After Signing In For Three Years, My Identity As Shenhao Was Exposed

Chapter 516: Announcement, Yang Chen replaced Wang Xiaobiao as the new king

The announcement of Long Real Estate has aroused great discussion on the whole network.

The owners of the long real estate complained everywhere.

Especially those owners who bought off-plan housing, even crying without tears.

They can only hope that Longtai Real Estate can solve these problems, otherwise they really don't know what to do.

At noon, "bad news" came again from the real estate industry.

More than 30 cities, including Gwangju, Shenzhen, Beijing, Badu and other first-tier and quasi-first-tier cities, issued an announcement at the same time, deciding to actively respond to the Haicheng government’s red line regulation of the 80% asset-liability ratio of real estate companies.

Within one year, all real estate companies wanting to continue acquiring land and developing projects in these places must reduce their asset-liability ratio to below 80%.

At that time, government departments will conduct financial investigations on real estate companies in all jurisdictions.

If a company that does not meet the standard is found, it is forbidden to continue to take land for development.

If it is found that a company does not meet the standards, but falsely or externally claims to meet the standards, once verified, it is forbidden to acquire land and develop locally for five years.

Each of these regulations requires real estate companies to lower their asset-liability ratios and quickly pay back part of the money owed to banks and suppliers.

After reading these announcements, Yang Chen retreated in his heart.

Haisheng Real Estate’s asset-liability ratio has been controlled at 70, he does not have to worry about substandard.

However, Wanda Real Estate’s debt-to-asset ratio is as high as 125%. If you want to bring this figure to the limit, you must repay 562.5 billion in loans and arrears.

But where can Wanda Real Estate get so much capital within a year?

Even if you quickly sell your assets, it won't be done in a year or a half.

Therefore, Yang Chen didn't seem to want to take over this hot potato.

In the past, only the Haicheng area could not be developed, but now all first-tier and quasi-first-tier cities cannot be developed.

What about spending 50 billion yuan to acquire control of Wanda Real Estate?

Yang Chen quickly got up, and after breakfast, he went directly to Mayor Wang.

As soon as Yang Chen met, he was upset with Mayor Wang.

"Oh, Mayor Wang, have you read the news? Now all first-tier and quasi-first-tier cities have followed our new regulations. In this way, Wanda Real Estate will not be able to do projects in these cities. III Projects in the fourth and fifth tier cities are nothing to do. If I buy Wanda Real Estate, wouldn’t it be worth buying a shell for nothing, and I can’t do anything? I don’t want to do anything anymore. My money doesn’t fall from the sky. What came down was something that I slowly accumulated over hundreds of days and nights. I can’t take the money I’ve spent my life to take risks.”

Mayor Wang frowned and said: "When I read the news, I immediately thought that you would definitely come to me. However, I thought of a way for you. You should not directly buy the equity in Wang Xiaobiao's hands, but Through private placement, 100 billion will be raised from you to repay the loan. In this way, you can directly obtain about 51% of the equity and become the actual controller of the company. When you become the actual controller, you can sell Wanda For projects held by real estate, the returned funds are used to repay loans. It should not be difficult to reduce the debt-to-asset ratio to less than 80%."

Yang Chen: "That will definitely not work. It is impossible for Wang Xiaobiao and I to become shareholders of the same company. With me without him, without him, there would be no me. Whether the equity in his hand is sold to me or to other people, it must be Sell ​​it. Otherwise, I will definitely not take over Wanda Real Estate."

Mayor Wang: "That's not going to work. You spend tens of billions more to buy the equity in his hand. In this way, your equity can reach about 75%, which does not exceed the requirements of the Securities Regulatory Commission. The highest shareholding ratio of major shareholders is completely legal."

If you say that, it seems really feasible.

For all listed companies held by Yang Chen, the equity will be as close as possible to 75%.

If he can hold 75% of the bonus shares in one step, he is of course willing.

After determining the plan, Mayor Wang immediately contacted Wang Xiaobiao to inform him to transfer the equity to Yang Chen as soon as possible.

In the evening, Wanda Real Estate issued four announcements.

Announcement one.

"Received the notice from the chairman of the company, Mr. Wang Xiaobiao, he will voluntarily resign from the positions of chairman and president of the board of directors. After the resignation procedures are completed, he himself will no longer hold any position in the company."

Announcement two.

"Received the notice from the company’s major shareholder Mr. Wang Xiaobiao that he himself and those acting in concert will sell his 51.5% equity interest to Mr. Yang Chen. The selling price is the current closing price of 5.88 shares. After completing the transfer procedures, Wang Xiaobiao Mr. and those acting in concert will no longer hold any equity in the company."

Announcement three.

"The company’s general meeting of shareholders passed a resolution to provide Mr. Yang Chen with a fixed increase of 100 billion yuan for the repayment of the company’s loans. Mr. Yang Chen has accepted this fixed increase agreement, Increased. The resolution has been reviewed by the board of directors and has now been submitted to the China Securities Regulatory Commission for review."

Announcement four.

"Due to matters such as the transfer of equity and fixed increase, the company's accuser will change. In order to prevent the stock price from fluctuating too much, which will damage the interests of investors. The company has decided to suspend trading from now on, and the specific resumption date will be notified. The stock market is risky and investment Be cautious. Investors are advised to guard against risks and avoid property losses. UU Reading www.uukānshu.com"

These four announcements immediately detonated Wanda Real Estate and the entire real estate sector.

The stock evaluation area of ​​Wanda Real Estate became lively again.

"Obviously, these four announcements mean that the struggle between Yang Chen and Wang Xiaobiao ended in Yang Chen's victory. As a loser, Wang Xiaobiao withdrew from the company and accepted the failure. It really makes people very embarrassed. That's how a generation of kings is. The curtain is over, and the new king is enthroned."

"My grass, Yang Chen is so rich. Directly add 100 billion yuan to him, and he will contract it alone. Then why is his name not on the rich list? People who can put out 100 billion yuan, what about the total assets? It's over 300 billion, right? I'm stubborn, why don't you make him on the list?"

"The capital market is really ruthless. Wang Xiaobiao worked hard for more than 30 years, but ended up making wedding dresses for others. Yang Chen's doing this is a bit unkind. Isn't this the dove occupying the magpie's nest?"

"Oh my god, you have opened your eyes. I can't fall asleep every day so badly, it's finally dawning. As long as Yang Chen becomes the chairman and major shareholder of Wanda Real Estate, he will definitely do the stock price. go back."

"Fuck, it's embarrassing. Before you leeks, you scolded Yang Chen everywhere, saying that he destroyed the Wanda real estate, which caused each of you to talk about the huge loss. Now you are grateful to him one by one, looking forward to his leadership You pay back. You are really shameless."

"Some people don’t have Wanda Real Estate stocks in their hands. Are they jealous? All fools know that as long as the stock resumes trading, there will be at least 10 one-word daily limit, or else I am sorry for the 100 billion yuan invested by Yang Chen. You don’t You’re sour here, don’t provoke divorce. If you don’t have a ticket, you don’t have a ticket, and no matter how acid you are.

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