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Chapter 1869 Set the balance!

Mr. Zhou Jinsheng left.

Because of the special status of Zhou Boqiang and Zhou Hanmin, Zhou Jin's life and death became a major event that caused a sensation in the whole city.

All Zhou's family took leave to handle the old man's funeral.

On the day of the memorial service, Wang Lin and his family were present.

Many people from Aixu Group have come.

On that day, the headquarters of Aixu Group almost came out of empty nests, which was equivalent to having a half-day vacation.

On the day of the funeral, Wang Lin simply gave a half-day vacation and asked everyone to see the old man off.

Wang Lin felt that Zhou Boqiang and Zhou Hanmin were obviously several years older.

The Zhou family will not go to work today.

Wang Lin had lunch at Zhou's house.

The Zhou family was immersed in sadness, and Wang Lin sat down slightly and left.

Go home to rest at noon.

Li Wenxiu said to Wang Lin: "Did you find out? The leader seems to have lost a lot of weight. Is he in poor health?"

Wang Lin said: "The old man passed away. I haven't had a rest these days!"

Li Wenxiu said: "I hope!"

Wang Lin was stunned.

In fact, he also saw that Zhou Hanmin had lost a lot of weight, but he was not easy to ask.

Wang Lin and Zhou Boqiang, Zhou Xia and Zhou Zhu all told them to rest for a few days and don’t rush to go to work.

But the next day, the Zhou family came to the company.

When Wang Lin was talking to Zhou Boqiang, he reminded him to rest more and not to be overly sad.

Zhou Boqiang said calmly that the old man lived almost 90 years old, which is considered a high year of life. Although he died of illness, we all understand that work is more important than sadness. The dead are gone, and the living should work hard to do their best.

Wang Lin couldn't help but feel astonished.

The two talked about Shenfang Group.

Zhou Boqiang said: "Hanmin and I have discussed this matter carefully. We all think that the best way out for Shenfang Group is to leave it to Aixu Group for management. Now the trusteeship period is about to end, and the best result is to ask Aixu Group to inject capital. Hanmin said that this matter will be concluded in the past two days."

Wang Lin repeatedly said yes.

Zhou Xia and Zhou Zu have a deep relationship with their grandfather, but they can also accept the fact that the old man has left. Without excessive sadness, they both switched their time and energy to work, which made Wang Lin much less worried.

After returning to Shanghai from Northern Jin Dynasty, Deng Dabao made an appointment with Ma Hong to meet him once.

This time the meeting was top secret, and no one except the parties involved knew what they had talked about.

Zhou Hanmin said it well, and the Political Department will discuss the new round of reforms of Shenfang Group recently.

The content of the meeting soon reached Wang Lin's ears.

In addition to Aixu Group, there is also Maohua Group and another company that wants to invest in Shenfang Group.

Maohua Group wants to occupy more than 60% of Shenfang Group's shares.

There were only two people in the city who supported selling Shenfang Group shares to Maohua Group.

After hearing the topic raised by these two people, Zhou Hanmin sneered: "Sell it to Maohua Group? If we really want to sell Shenfang Group, why should we still be far away? Is Aixiu Group not enough funds? Or is Aixiu Group not excellent enough?"

His proposal was approved by more than half of the votes.

Zhou Hanmin immediately set the tone: "Shenfang Group must have state-owned holdings! It can only be discussed on this basis which enterprises can inject capital."

Everyone agreed.

But some people also raised objections: "We are now carrying out deepening reforms. Since it is deepening reforms, we must make thorough reforms. We might as well contract all Shenfang Group out or sell them at a price!"

Finally, he raised his hands to vote, and more than half of the votes agreed to Zhou Hanmin's proposal.

Zhou Hanmin said: "Since the tone of state-owned holdings has been set, the next thing is easy to do. State-owned holdings must account for more than 51%. There are not many companies introduced, but they must be large enterprises with strength."

After all, I finally chose among the three companies.

More than half of people think that Aixu Group is the best investment target.

Aixu Group is the largest textile enterprise in China. Over the years, it has maintained rapid growth and high profitability, which shows that Aixu Group has the strength and ability to manage Shenfang Group well.

But some people have also suggested that the three companies that are interested in investing are among the best companies in China. We cannot hand over the fate of Shenfang Group to one company, but should introduce several more companies to form a new board of directors.

Zhou Hanmin suggested that Mr. Wang of Aixu Group had made it clear that if Aixu Group does not invest, it would be enough. If it invests, it would need to occupy more than 40%.

Shenfang Group's estimated price is RMB 5 billion, with a 40% shareholding ratio, which means that Aixu Group will inject RMB 2 billion.

This amount of funds is not too much for Wang Lin now.

Even if it is a full acquisition, Wang Lin has this strength.

At the meeting, someone suggested that Wang Lin was good at playing with capital. He promoted the listing of Aixu Group and gained a lot of money from it. If Wang Lin invested in Shenfang Group, his purpose was to promote the listing of Shenfang Group and make it easier to share the dividends.

This is a hidden arrow that hurts people!

And it hurts people invisibly!

However, Wang Lin does have an idea to promote the listing of Shenfang Group.

But is this wrong?

Why doesn’t Zheng Maohua from Maohua Group do not have this ambition?

Zhou Hanmin immediately stated that he would actively promote the reform of the corporate and shareholding system of state-owned enterprises, implement open market-oriented joint restructuring, and accelerate the overall listing of enterprise groups or the listing of core assets. This is also the city's work goal.

Among the more than 20 competitive enterprises in the municipal state-owned assets system, industrial groups basically need to achieve mixed ownership transformation through overall listing or core asset listing.

Shenfang Group also lists the overall listing as an important goal, but it is necessary to create conditions and actively complete the company system transformation from all aspects. However, the overall listing is a systematic project, with a wide range of work and a strong policy nature. Shenfang Group will start asset securitization work with mature business conditions in batches.

As for when it will be listed, it is still unknown.

Shenfang Group has been under custody for many years. How can it go in the future? It will take time to transform it.

The most urgent task is to achieve mixed ownership transformation through domestic and foreign investment and mergers and acquisitions, which is also a path chosen by Shenfang Group.

Through contact, communication, screening, selecting some projects to enter the internal due diligence stage, and using the information of external industry research institutions to analyze the business-related markets. And selecting some institutions with high business compatibility to sign strategic cooperation agreements.

The future of Shenfang Group will definitely take the path of internationalization, and going public is also an inevitable move.

Based on this perception, Wang Lin and his Aixu Group are also the best choice for Shenfang Group's new round of reforms!

Because Aixu Group has an excellent foundation for international cooperation, has extensive advanced experience in overseas development, has sales channels all over the world, and has cooperative ports and transportation routes at home and abroad.

Only with the help of the excellent resources of Aixu Group can Shenfang Group quickly complete the corporate restructuring strategy, move towards internationalization, and develop freight, logistics centers and trading markets in port cities.

Finally, Zhou Hanmin showed the courage of the superiors and decided to do everything in one fell swoop!

The meeting unanimously decided that the new round of reforms of Shenfang Group will introduce funds from Aixu Group.

Wang Lin’s requirement to occupy 40% of the shares will be met.

In addition, there is also a 9% stake, which can be invested by Maohua Group and another Beijin Company.

After the content of the meeting was published, another Beijin company felt that the investment was of little significance and immediately gave up the investment.

Maohua Group will acquire a 9% stake.

After learning the news, Wang Lin fell into deep thought and discussed with Deng Dabao, Zhou Boqiang and others.

Deng Dabao said: "A 9% of the shares also requires 450 million yuan of funds. Can Maohua Group take it out?"

Zhou Boqiang said: "Not it? Maohua Group's current market value is more than 20 billion! Can't it even take out 500 million?"

Deng Dabao smiled and said, "Market value and cash are two concepts. Since Maohua Group went public, its performance has been poor. I heard that their internal management is chaotic and their losses are serious. They are all fooling investors by fake accounts. Otherwise, their stock prices would have fallen badly."

Zhou Boqiang said: "Is that so? Then they still want to acquire Shenfang Group? Isn't that an unrealistic fantasy?"

Wang Lin said: "Boss Zhou, don't you know? Zheng Maohua has a good plan. He wants to sell Maohua Group, cash out the funds, and then buy Shenfang Group. Shenfang Group is not listed and has a valuation of 5 billion yuan. Maohua Group is a listed company. Zheng Maohua's shares can be sold for 5 billion yuan no matter how they sell them."

Zhou Boqiang said: "I understand! This person is making a fortune! He first promoted the listing of Maohua Group in order to cash out, and then used the money to invest in Shenfang Group. The non-performing assets were converted into high-quality assets!"

Deng Dabao said: "If he promotes the listing of Shenfang Group, his assets will increase exponentially!"

Zhou Boqiang said: "It's so terrible! Such people are just playing with capital! They never thought about running a business down-to-earth!"

Wang Lin said: "So, Shenfang Group cannot allow such people to invest in capital and become shareholders!"

Zhou Boqiang said: "Fortunately, he only holds 9% of the shares, not too much."

Wang Lin said solemnly: "9% is also a lot! I don't think I can give him a single point!"

Zhou Boqiang smiled bitterly: "This is a matter that was decided at the meeting. Who can still object?"

Wang Lin sneered: "Of course we can't object, but what if Zheng Maohua committed suicide by himself?"

Zhou Boqiang asked in confusion: "What does it mean? Zheng Maohua also supports him in the city. We want to kick him out completely, which is not ideal. Mr. Wang, I think let them invest first, and then slowly plan to do it!"

Wang Lin said: "Boss Zhou, please wait and see the show! This time, Shenfang Group reforms, Zheng Maohua can't even get a hair!"

Zhou Boqiang looked at the sure-fire Wang Lin and knew that since he said so, he would definitely rely on something.

"But if Maohua Group is out, who will take over the remaining 9% shares?" Zhou Boqiang said, "The company in Beijin thinks that the shares are too small and knows that the listing period is still very long, so he gave up the investment."

Wang Lin smiled slightly and said, "We can ask Xiangjiang's Yonghua Company to invest in the shares."

Zhou Boqiang smiled and said, "As long as you can operate, that's of course. But will Maohua Group really withdraw?"

Wang Lin smiled proudly: "The show will begin soon!"
Chapter completed!
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