Metropolis: Paying Off The Debt of Dad At The Start

Chapter 71

“I won’t talk about it for the time being, but this matter is really so important to you? Lin Feng, we are all friends from childhood to adulthood, don’t you lie to me?” Fang Hao asked with some doubts.

“What lie to you is very important!” Lin Feng said.

Seeing Lin Feng looking unfamiliar, Fang Hao’s eyes flickered for a while.

He slapped the table sharply and said: “Okay, if that’s the case, then my Fang Hao will give up my life to accompany the gentleman and help you complete it as much as possible. It will be our friend for many years, and I will help!”

“But let’s talk about it first. Your condition is too outrageous. Don’t blame me if you can’t complete it!”

“As long as you try your best, I will never blame you!” Lin Feng said.

“Well, then I will work overtime during this time to help you!”

“However, Lin Feng, I am serious about you. If I find that you lie to me in the future, this matter is not that important to you at all. We will not even be able to do it with friends in the future!”

Fang Hao said.

“Why did I lie to you? I took out 1 billion. Do you think this matter is not important enough to me?” Lin Feng said.

“Yes!!!” Fang Hao nodded.

Then the two raised their glasses, touched them, and drank with each other.

…….

After drinking, the two separated, and things were almost discussed, but I didn’t know if Fang Hao could handle it.

There are generally two ways for listed companies to delist, one is passive delisting, the other is active delisting.

Passive delisting means that the company goes bankrupt and is forced to delist.

Active delisting means that the company completes the privatization of the company by repurchasing stocks.

Lin Feng certainly doesn’t want to delist passively. He hopes that Haoyuan Group will make a comeback, but he does not want Haoyuan Group to go bankrupt.

Therefore, Lin Feng can only choose to voluntarily delist.

The active delisting is generally the repurchase of stocks.

There are two options for repurchasing stocks. One is the repurchase through constant negotiation. Everyone reaches an agreement through negotiation. Then the company repurchases the shares according to this condition. This solution takes the longest time and is the easiest to produce worms. A large amount of funds is not suitable for Lin Feng at all.

Especially when Lin Feng succeeded in saving the company step by step, the stock price will surely soar. When the price is raised, you will buy back some gross.

The other is to control more than 90% of the shares of Haoyuan Group, and then compulsorily repurchase shares with a certain share higher than the market price to complete the voluntary delisting.

This kind of plan is most suitable for Lin Feng, because now Haoyuan Group is just at the lowest time of the stock price. Without a lot of capital, it can control 90% of the shares, and then compulsorily repurchase and complete the delisting.

Therefore, Lin Feng chose this kind of mandatory stock repurchase plan.

So if you want to repurchase stocks compulsorily, you must hold more than 90% of the shares of Haoyuan Group, and the 100% of the shares acquired by Lin Feng are just shares of Haoyuan Holding Company.

Haoyuan Holding Company is the actual controller of Haoyuan Group and holds 64% of the shares of Haoyuan Group.

In other words, Lin Feng owns 64% of the shares of Haoyuan Group and 36% of the shares of Haoyuan Group. They are in the secondary market (stock market) in the form of stocks and are controlled by major institutions and retail investors.

I want to explain here that the primary market is equity trading, and the secondary market is stock trading.

Therefore, if you want to control 90% of the shares of Haoyuan Group, you have to purchase another 26% of the shares from the secondary market (stock market).

Why do I have to mutter for a month? This is mainly because delisting requires an application one month in advance.

You need to know what will happen to Haoyuan Group in two months. The three projects have been completed, all payments have been collected, and an agreement has been reached with the creditors to postpone the repayment time.

What will this bring? The stock price has skyrocketed!

Because this is a landmark event that represents the return of the Haoyuan Group from the dead, the investors are not stupid.

At that time, if you want to complete the mandatory repurchase, it will not be the cheap cost now, at least it will have to be more than ten times, or even dozens of times.

Does Lin Feng want to see all this? I definitely don’t want to!

Therefore, he must quickly buy a large number of stocks from the market at the price of cabbage within a one-month golden window, and he has 90% of the shares of Haoyuan Group. After this village, there will be no such shop.

This is why Lin Feng has to let Fang Hao complete it in one month. Time is tight, the opportunity is not to be missed, and the loss will never come.

If you don’t take advantage of this prime time to quickly complete the delisting, it will be difficult to delist in the future.

Lin Feng was naturally able to fight, even if he failed, he would be able to control more stocks at the price of cabbage.

…….

“Mr. Lin, good news, good news, last night, the engineering team from city v arrived in city b with an engineering team. The exploration project started early today, and it is estimated that it will not take long before construction can be officially started!” The engineering department employee Bidian came over to report.

During this period of time, this employee has been staring at this project. Lin Feng often reminds him. This employee is also very anxious. Therefore, as soon as there is good news, he immediately reports to Lin Feng.

“Haha, it’s really good news. After waiting for so many days, I finally waited!” Lin Feng couldn’t help showing a hearty smile.

“By the way, you inform Hongguang Group and ask them to quickly hand over the project!” Lin Feng said.

“Mr. Lin, Hongguang Group is afraid that it will not cooperate with the handover of the project!” When the engineering department employees heard Hongguang Group, they suddenly shrugged their faces.

“Try it first, let’s talk about it first, even if they don’t cooperate, we can make a quick decision and quickly think of other ways!” Lin Feng ordered.

“Yes!” The engineering department employee nodded and then left.

Only Lin Feng continued to deal with the thick stacks of documents and reports on the desk.

A little bit of time passed, and two days passed.

“What are you talking about, Hongguang Group handed over the whole thing, very cooperative?” Lin Feng asked a little surprised when he heard the report from the employees of the engineering department.

“Yes, the staff of Hongguang Group are very enthusiastic. All project data, construction reports, engineering reports, material analysis… etc. have all been handed over to us, there is no surplus, very cooperative!” The engineering department employee said .

“How is this possible?” Lin Feng couldn’t help but feel confused. On that day, Zhang Yimin, the chairman of Hongguang Group, broke down in the negotiations and went furious on the spot. His words were full of threats.

Even if they do not trouble the Haoyuan Group, how can they add to the Haoyuan Group? How can they be very happy to hand over the project?

Could it be that Hongguang Group is afraid of Haoyuan Group?

It doesn’t look like the situation. If you’re really scared, how can you not take Haoyuan Group seriously every day, use various means to drag the project, and send two low-level employees to send Lin Feng, the director of Haoyuan Group long?

What’s more, the chairman of Hongguang Group Zhang Yimin was so arrogant that he bought his project for 100 million yuan in cabbage. After the negotiation broke down, he threatened him. Whatever the situation will not turn, this is not afraid of this at all.

There must be a demon when acting abnormally!

Lin Feng couldn’t help but think of this sentence. .