Chapter 1243: Discussing

Chapter 394: Discussing the pros and cons

There is one more person at the lunch table. Apart from Feng Yiping, the founder, the youngest executive of Jiasheng Group is not only still fat, but also more powerful. No matter where you sit, there is something like what is said in martial arts novels. Mr. Gao Zhiyi, who is as masterful as Yuan Ting Yue Zhi, also joined this big family.

However, in front of Feng Yiping and Jin Ling, Mr. Gao showed no momentum at all. Just like the college student before, he smiled and talked about some interesting things at work recently.

Youjia's internationalization has now been officially launched. The construction of Thai outlets that Feng Yiping and the Tang family boss mentioned will be officially launched after the Lunar New Year, and the person at the helm is Gao Zhiyi.

Youjia's expansion after the new year will not only go in this direction. Preparations for the opening of Youjia across the strait have also been completed.

"President Gao, I envy you so much. Starting next year, you will be in charge of a country's work," Fang Yingzhi said.

"Don't be envious, this is not an easy thing," Jin Ling said.

"Yes, that's why people like Mr. Gao are asked to take responsibility,"

Gao Zhiyi glanced at Feng Yiping, who seemed to be thinking about something, "Call your name, call your name, the boss is here, call your job and worry about fines,"

"Besides, a country may sound big, but in terms of area, it is not as big as some provinces in our country."

Feng Yiping smiled and asked, "What's Li Jia's opinion?"

"She was very happy. She said that the climate there is good and just right, so that the child will not have minor problems when the seasons change."

"Well, I'm really sorry. In the past few years, you guys have never been able to settle down in one place for long,"

"No, we really like this. When we get tired of staying in one place, we just go to the next place. Those people who have stayed in the same place for decades are extremely envious of us."

"It is said that when you are young, you have to be busy with work and cannot move around. It just happened that the company helped us fulfill this wish,"

"That said, I'm also a little envious," Fang Yingzhi said.

"You just stayed in Shanghai for a long time," Gao Zhiyi said.

"Hehe," Fang Yingzhi smiled, right? Since joining Jiasheng, she has moved between the provincial capital, the capital, and SH, and she also has her own house in Shanghai. A few years ago, That's something I can't even imagine.

"I heard that the Tang family came to ask for help this morning?" Gao Zhiyi, who happened to be here in time for lunch, asked.

"Do you all know this Tang family?"

"Of course, it is the number one company in the world," Gao Zhiyi said. "We started with 8 million, and now we have one or two hundred companies with total assets of over 100 billion."

"I heard from several classmates who work in a securities company that there is a popular saying in the circle that whichever stock is favored by the Tang family will definitely rise, 'it will rise in every situation',"

Feng Yiping glanced at Jin Ling, and Jin Ling happened to look over as well.

This person just can't be too crazy. The Tang family is so famous. Where can he put the face of the relevant departments? It would be strange if there is no problem!

"They are not asking for help, they want us to make a strategic investment in Delong. With more than 1 billion, we can get 40% of the shares,"

Fang Yingzhi couldn't help but said "Wow", "What a bargain."

"From the perspective of financial data, this is indeed the case, but of course such an investment cannot be so narrowly focused as to only look at financial data. The associated impact is what needs to be measured most," Feng Yiping said. "Hong Kong's intelligence office is verifying the relevant situation, and at the same time preparing plans,”

"However, they started with only 8 million, how could they achieve such a large scale so quickly?"

Even though her savings are still only six figures since she started working, a figure like 8 million is at least not an unattainable figure for Fang Yingzhi now.

"Their model is very simple. To put it bluntly, it is to use financial leverage to make a big difference with a small amount." The Delong model is also a model that many people want to imitate. Feng Yiping has studied this throughout his life.

“For example: first take control of a listed shell company, load it with high-quality assets, significantly raise the stock price, and then raise a large amount of cash through open market financing or through (greatly appreciated) stock pledge loans. Once you have the cash, you can control it. More listed companies and more high-quality assets acquired through acquisitions,”

"With each cycle, the funds controlled can be multiplied. After several cycles, the effect of betting one on ten or even betting on one hundred can be achieved."

"It sounds like Archimedes moving the earth," Fang Yingzhi said.

"Yes, they all used leverage," Feng Yiping said.

"According to relevant reports, Delong has been involved in various operations in the primary and secondary markets. It is speculated that he should have used a variety of leverage methods. Only in this way can Delong start with 8 million and build a business in just ten years." Create a huge empire with a net worth of several billion, direct control of assets of 40 billion, and indirect control of more than 120 billion."

"It's amazing," Fang Yingzhi asked, "but why are they in trouble now?"

He just liked to see Feng Yiping talking like this.

"Being a market leader also requires investment," Feng Yiping said. "His own listed companies, such as the Lao Sangu that we all know, have tried many ways to raise the stock price. However, after the stock price rises, no matter what Whatever the market is like, it must not fall, because they use this high stock price as a benchmark to raise funds from multiple financial institutions."

"When the stock price drops, they have to provide additional collateral. However, the various guarantee relationships among their companies are complicated and it is really difficult to find new collateral."

"But God is not as good as man. The Hops Incident detonated the guarantee circle and implicated the stocks of almost all listed companies in XJ to fall. Others were fine. The prices of their third-largest stocks could not be reduced. They could only bite the bullet to protect the market and sell at high prices. To maintain high prices..."

"I estimate that now, they may hold most of the shares of Lao San shares. The total market value of these three Lao shares is quite large. To fill this hole, huge sums of money will be spent."

"The money to fill this hole was raised from outside at a high price. Zhiyi should know that the financial institutions under the Delong Group should go everywhere to find funds with high returns,"

"Yes, I heard Cai Lei say that a trust company owned by Delong often calls him, and now the promised returns are up to 22%. I'm tempted to ask if I want to give them a sum of money," Gao Zhiyi said.

"It's a good thing you didn't invest, otherwise you would find that the money you asked them to entrust to invest would probably turn into Laosangu's stocks, and they would be Laosangu's high-priced stocks."

Even Fang Yingzhi shook her head, "How is a 22% return possible? How could they do this? They will definitely lose money,"

"This is not incomprehensible. Sometimes when considering the overall situation of the company, it doesn't matter if it loses a little. The survival of the company is the first priority. As long as the company is around, there is still a chance to make back the money lost, but... Outside reports are not optimistic about Delong. I am worried that they may not be able to attract much funds with such a high return,"

"Also, their business is too big and they have integrated so many industries. To integrate an industry, they have to invest at least 5 billion, and this is a long-term investment." Feng Yiping shook his head, "This requires another investment. How much money?”

"There are also more than a dozen capital chains derived from this. One of them is short of hundreds of millions, and the total is a hole of several billions. To be honest, I am worried about them when I do the math. The returns of the industry are limited, and the stocks of Lao Sangu , almost everything is in my own hands, and I can’t speculate even if I want to, so where will the money come from?”

"I heard a piece of news," Jin Ling said. "Not long ago, they reported to the China Securities Regulatory Commission, hoping to merge Hunan Torch and Alloy Co., Ltd."

"Oh, this is a way. In this way, the stock price can be raised again, and they can also take the opportunity to sell their hands at a high level to cash in part,"

"But the China Securities Regulatory Commission immediately rejected their proposal,"

"Haha, it makes sense," Feng Yiping said. "They are not a state-owned enterprise. How could they get the support of the China Securities Regulatory Commission at such a critical time? Moreover, because of those arrogant and undisguised actions in the past, the China Securities Regulatory Commission seemed to We shouldn’t let them go,”

"So, they will definitely collapse?" Gao Zhiyi asked.

His expression was also a little heavy. After all, it was such a well-known company. If it collapsed, it would be a shock to all businessmen.

"I'm not sure, but I can guess the signs of their collapse. Normally, the Laosan stocks they hold with huge amounts of money cannot be sold. Once sold, the stock price will inevitably drop. Once the stock price drops, the stock price will inevitably drop. With a series of questions,"

"If one day they sell the shares of Lao Sangu, it will be the eve of a collapse,"

"So, you are actually not interested in the Tang family's proposal at all, are you?" Jin Ling asked.