Chapter 165 Chapter 166 [I also want to save face]

Chen Xingzhou is a cautious person. Following Chen Jinxi's suggestion, he started buying shares of Hengyao Real Estate Company when its stock price was at its low point, while actively raising funds.

Since the required funds were relatively large, Chen Xingzhou proposed to Chen Fenben a plan to use a discount on the property in exchange for new shares issued by Hengyao Real Estate, and Chen Fenben agreed.

The banks could no longer sit still and sent senior executives to inquire about the financial crisis. Chen Fenben naturally appeased the senior executives of the major banks easily and played a key role in the contract with Changheng Real Estate Company.

Chen Xingting realized this matter later and talked to Chen Fenben about it, but was scolded by Chen Fenben, who even said something like "If you don't improve, I will hand over the jewelry company to Xingzhou."

Tsim Sha Tsui Happy Tea House
Chen Xingzhou ordered a table full of dishes and snacks, with an unprecedented smile on his face, as if he had already taken over Hengyao Real Estate Company.

"It seems that Mr. Chen has already reached an agreement with your father, so there is no need for the acquisition." Li Wendi said with a faint smile, but his words hinted at something else. It seemed more appropriate to replace the three words "acquisition case" with "Li Wendi".

"The acquisition is indeed not needed, but we still need Mr. Li's help to raise the share price of Hengyao Real Estate Company." Chen Xingzhou laughed. He knew Li Wendi's ability very well and did not want to go against Li Wendi.

"It's not difficult to raise the stock price, but I wonder if we can sign a contract before we take action." Li Wendi smiled and said, "The content of the contract is about the stock of China Entertainment Real Estate Company."

Chen Xingzhou nodded and said, "Okay, it's normal for Mr. Li to be worried. The contract can guarantee the interests of both parties. But what price does Mr. Li want to pay for the 23% shares of Hengyao Real Estate?"

"1.5 yuan per share, when the time comes to sell off Hengyao Real Estate Company's shares, I will also consider selling them with discretion, and try not to cause turmoil in the stock market." Li Wendi's tone was very calm, but there was a hint of threat in his words.

This is also due to Chen Xingzhou's attitude towards this matter. Li Wendi does not want his own interests to be damaged, otherwise Hengyao Real Estate and Changheng Real Estate will not have an easy time.

Chen Xingzhou naturally understood what Li Wendi meant. "Okay, then Mr. Li, prepare the funds. After I take control of Hengyao Real Estate Company, I will arrange to transfer the shares to you."

"As for Hengyao Real Estate's raising of its share price, does Mr. Li have any good suggestions?"

"I estimate that once the news of Changheng Real Estate Company taking over Hengyao Real Estate Company is released, the stock price of Hengyao Real Estate Company will stop falling. At the same time, the profit from the sale of Zhonghua Entertainment Real Estate Company's shares will be announced, and the stock price will rise slightly." Li Wendi smiled lightly. "Hengyao Real Estate, which has strong financial resources, will immediately resolve the debt crisis. Mr. Chen can take the opportunity to announce the financial situation of Hengyao Real Estate, naturally in exchange for the trust of shareholders, and then give a part of the profit from Changheng Real Estate Company to Hengyao Real Estate. I believe it will not be a problem for the stock price to rise to the highest peak."

In fact, Li Wendi originally wanted to introduce the plan of "mutual control between the two companies" to Chen Xingzhou, but unfortunately Chen Xingzhou was too dishonest and always wanted to take advantage, which made Li Wendi a little disgusted.

"Well, it's a very safe plan." Chen Xingzhou nodded. This plan is not difficult to implement and is easy to be recognized by shareholders. After all, these profits and properties are visible.

Soon, Changheng Real Estate Company announced those plans, and the share price of Changheng Real Estate began to rise sharply, while the share price of Hengyao Real Estate Company stopped falling and remained at 1.8 yuan.

Cai Ziming immediately smelled something unusual and asked Chen Xingzhou to come out through Chen Fenben, intending to buy the shares of China Entertainment Properties held by Hengyao Real Estate Company at a high price.

Although Chen Xingzhou was tempted, he had already signed a contract with Li Wendi, so it was not his turn to sell the property without authorization, otherwise Hengyao Real Estate would face huge compensation.

When Cai Ziming heard Chen Xingzhou's refusal, a name popped up in his mind: Li Wendi. He had heard about the deeds of Chen Xingzhou and Li Wendi. If Li Wendi took over the 23% shares of Hengyao Real Estate Company, the position of chairman of the board of directors of China Entertainment Properties would be replaced.

After discussing with Chen Xingzhou many times, which ended with a polite refusal, Cai Ziming took his leave and urgently notified his stockbroker to buy the shares of China Entertainment Properties on the stock market, regardless of the price.

But Li Wendi had already taken action, as he had anticipated this situation.

HSBC Trading Room

Li Wendi looked at the constantly changing share price of China Entertainment Properties, feeling a little annoyed, and asked Wu Xiong, "How many shares have we acquired?"

“156万股，占比3.12%。你现在一共持有中华娱乐置业公司20.12%。”吴雄汇报说道。加上恒耀地产持有的23%，占比达到43.12%，比蔡子明持有的38%多出5%。

Still not safe enough.

Li Wendi thought to himself that if he could hold more than 46% of the shares, he would have a good chance of controlling the board of directors.

“Continue the acquisition. No matter the cost, the shareholding must be increased to 23%.” Li Wendi gave the order in a deep voice.

"I understand!" Wu Xiong nodded and left immediately.

An hour later, Wu Xiong came running over anxiously, "Mr. Li, something bad has happened. A rival has appeared in the stock market and is also buying up Zhongyu Real Estate's shares. Like us, they are not concerned about the price. Now the share price has soared to 2.8 yuan."

"How much more is needed to reach the target value?" Li Wendi knew that his opponent must be Cai Ziming, and no one else would be so willing to make the acquisition at such a high cost.

"2%, about 100 million shares." Wu Xiong answered without hesitation, his eyes fixed on Li Wendi.

"Raise the price. What we can't get, we must also prevent our competitors from getting." Li Wendi said gritting his teeth. Seeing that the piece of fat meat of Zhongyu Real Estate was about to fall into his mouth, it was now taken away by Cai Ziming.

"Mr. Li, the major shareholder of Zhongyu Real Estate Company holds 38% of the shares, and we only hold 21%. It seems we cannot compete with him." Wu Xiong reminded weakly. If Li Wendi suffered a great loss here, it would also have a bad impact on him.

"Mr. Wu, I have my reasons for doing this. Please don't delay my work." Li Wendi warned Wu Xiong.

Wu Xiong didn't dare to persuade him anymore, so he turned around and left to issue orders.

By the afternoon closing, the share price of China Entertainment Real Estate had risen to 3.6 yuan, but Li Wendi was still short of 1% of the shares. Including Hengyao Real Estate's 23%, Li Wendi's total shareholding was 45.12%, about 5% more than Cai Ziming.

When he returned to Changxin Real Estate Company, the secretary came to report that Mr. Cai Ziming, Chairman of the Board of Directors of Zhongyu Real Estate Company, wanted to invite him to dinner at Shengtian Restaurant in Central, and asked him to be sure to come.

After some hesitation, Li Wendi decided to go. Although they did not have a good impression of each other when they met for the first time, he had to take advantage of the free high-end dinner.

Sheng Tian Restaurant, Central
The decoration of the box is very luxurious and it is equipped with three waiters who can meet the needs of customers at any time.

"Mr. Li, I'm a very straightforward person, so I'll just say it directly." Before Cai Ziming exchanged a few pleasantries with Li Wendi, he got to the point, "What can Mr. Li do to let go of Zhongyu Real Estate?"

Li Wendi didn't even look up at Cai Ziming. Instead, he picked up a piece of fish with his chopsticks and stuffed it into his mouth. He squinted and said, "The dishes here are good. No wonder they are so famous in Central."

Cai Ziming showed dissatisfaction, but did not dare to urge Li Wendi.

After nearly a minute, Li Wendi wiped the corners of his mouth with a napkin and said with a smile, "Mr. Cai, my conditions are very simple. I am very interested in the commercial building of China Entertainment Real Estate in Central. I also plan to make a fortune on the shares of China Entertainment Real Estate. About 2000 million will be enough."

Cai Ziming's teeth were clattering. "Mr. Li, are you a little too greedy? The market value of Zhongyu Real Estate is only tens of millions."

"Really? That's not what Mr. Cai said at the board meeting some time ago. These are my conditions. If Mr. Cai finds them unacceptable, we can only see the results in the stock market." Li Wendi said with a sneer. Cai Ziming didn't give him a good look last time.

(End of this chapter)