Chapter 509 This "But" Is On

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Facing aggressive shareholders, Wang Xiaobiao didn't know how to deal with it for a while.

Therefore, he simply quit the video conference and calmly thought about what to do.

Things are still developing in a very unfavorable direction for Wang Xiaobiao.

Yang Chen submitted the evidence of his asset transfer to the relevant departments.

After the relevant departments checked it overnight, they invited Wang Xiaobiao to be questioned early in the morning.

Wang Xiaobiao is very calm, he feels that these assets are legally earned by him, and he has the right to dispose of them freely.

Yes, from a legal point of view, this is indeed the truth.

The money he makes, he has discretionary power.

But he can't just see the money he makes, but also the money the company owes.

How to solve the 1.25 trillion loan of Wanda Real Estate?

According to the documents just released by the Haicheng government, they need to repay the 562.5 billion loan to the bank as soon as possible.

If the company can't make money and then quickly distribute dividends, no one will manage the money the company owes.

As the chairman and the major shareholder, Wang Xiaobiao has the responsibility and obligation to reduce the company's asset-liability ratio to within 80% as soon as possible.

If it can't be done within half a year, the bank may seize and auction all properties under the name of Wanda Real Estate to make up for the company's arrears.

Once this step is reached, Wanda Real Estate will be doomed.

Because it is basically impossible to sell for the price that it should be sold for.

It may be possible to solve the problem by selling one building. Once it is seized by the bank and the court, it will take two buildings to be auctioned to solve the problem.

This is undoubtedly a huge loss for Wanda Real Estate.

After being trained, Wang Xiaobiao finally woke up.

For his money to be truly free, he would have to be completely out of Wanda Realty.

Otherwise, the company's loan has to be his responsibility to find a way to repay.

A new day has come.

The auction of the four communities including Linghua Community is coming.

At nine o'clock in the morning, Yang Chen brought the staff of Haisheng Group to the auction site on time.

As for the Wanda Real Estate that provoked this auction, no one came.

Other companies came to the scene to watch the fun.

Originally, they thought they could see the fierce competition between Yang Chen and Wang Xiaobiao, but now they seem to be disappointed.

And it is certain that no other company will compete with Haisheng Group, and no one is willing to fight against Yang Chen, who is in the limelight.

Besides, those pieces of land are treasures to Haisheng Group.

But for other companies, it is a hot potato, and anyone who dares to touch it will be burned.

Therefore, there is no surprise in this auction. Haisheng Group took the four communities at a price of +5% of the original price.

When the news spread, the residents of the four communities were furious.

Originally, they thought that the competition between Haisheng Group and Wanda Real Estate would definitely push up the compensation for demolition to a scary level.

But the reality is that no one dares to compete with Haisheng Group.

The only rival of Haisheng Group, Wanda Real Estate, is no longer eligible to bid.

In fact, a 5% increase is a good thing.

Tens of millions of compensation, a 5% increase is also 500,000 more.

The money they got for nothing.

But people are greedy.

They originally thought it would at least double, but now it has only risen by 5%. The psychological gap is too large, and of course they are not happy.

Soon, an official announcement will be issued.

The demolition work of Linghua Community and other four communities continues to progress steadily, and Haisheng Group is solely responsible for the demolition and construction work.

All funds are raised by Haisheng Group, and the Haicheng government does not undertake any compensation responsibility.

Once the news was released, the entire real estate industry was hotly debated.

"A generation of kings falls, and a new generation ascends the throne."

"I have served Haisheng Real Estate, and I have undertaken so many projects, and the asset-liability ratio is actually controlled at 79%.

It's so accurate. "

"It's really embarrassing. The times are going to abandon you, and you really don't even say hello. The 22 billion land sold by Wanda Real Estate is completely lost. The company's stock price will not be there for a while. The bank will not increase the loan, and they have to recover the loan as high as 560 billion. Tsk tsk tsk... Wanda Real Estate must be playing."

"My friends in the investment circle gave me gossip, Haicheng State-owned Assets Supervision and Administration Commission and those small and medium shareholders forced Wang Xiaobiao to sell the equity to Yang Chen. Because they felt that as long as the company gave Yang Chen, he would definitely show mercy. And Yang Chen With the ability to turn corruption into magic, several companies under his name were originally half-dead. Since he took over, they have all developed rapidly, and their stock prices have doubled several times. If Yang Chen can take Wanda Real Estate into the air, they will lose money. The money is back."

"Wow, if this news is accurate, then Wang Xiaobiao should have the heart to die. His son was brought in by Yang Chen, and the company he founded was taken away by Yang Chen. This world is no longer so worthy of nostalgia."

"Thanks to Wanda Real Estate for trying it out, letting us know that we can't fight against Yang Chen. This guy is too strong, and he is too slippery to play across borders."

...

Haisheng Group won the demolition projects in 4 communities and immediately issued an announcement.

Subsequently, its stock price immediately pulled the daily limit in a straight line.

After the market closed in the afternoon, Haisheng Group made another announcement.

Announcement 1: After the decision of the company's board of directors, the company decided to change its name from "Haisheng Group" to "Xingchen Real Estate Group".

The business scope is from the original real estate development, etc., to the increase of project construction.

The legal entity and business address remain unchanged.

Announcement 2: The Group intends to use the plots of four communities including Linghua Community to expand the playground.

After the project is completed, the Xingchenwan commercial complex will have residential areas, office buildings, shopping plazas, parks, playgrounds, supporting schools from kindergarten to high school, a Xiaoguang Hospital and a new hospital area of ​​the First People's Hospital of the City.

traffic.

It is equipped with buses leading to the whole city, connecting to Metro Lines 2 and 4.

The Group reinvested in the construction of an intra-regional circulation bus company.

All owners of Xingchenwan, whether they are ordinary residences, commercial office buildings, or consumers who come to shop, can all ride for free.

but!

Owners of projects developed by other companies do not enjoy all the conveniences.

If they have to enjoy these conveniences, they must bear the cost higher than the market price.

Obviously, this last "but" is the top priority.

It is talking about the No. 2 plot taken by Wanda Real Estate. Once this land is developed into a residential area, whoever dares to buy a house here must be mentally prepared for not being able to enjoy all the conveniences in the area.

Anyone with a discerning eye can see that this provision is obviously aimed at Wanda Real Estate.

No, the comments of Haisheng Group's stock evaluation area are a good illustration.

"I laughed to death, but that is clearly aimed at Wanda Real Estate. The land that was bought for 22 billion yuan cannot be developed now. Even if they can develop it, they will face the dilemma that no one dares to buy it."

"This trick is really murderous. I don't believe that there is still a lack of heart to buy a project developed by Wanda Real Estate."

"When this regulation was issued, Wangda Real Estate just wanted to resell the land to other companies, and no other company would dare to take over. Unless this company is better than Yang Chen, you can force him to revise the regulations."

"Seeing no, this is the consequence of offending our Yang Dong."

"I still remember the ugly faces of the leeks over there when Wanda Real Estate hit the daily limit. Now it's time for us to laugh at them. All the shareholders of Haisheng Group, picked up the keyboard and launched a campaign to the Wanda Real Estate stock evaluation area. attack!"

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