Chapter 1317: Rural Absurd Past Events Chapter 1317: Zhang Sheng's Even Higher Level Realm

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Protagonist:

Li Xiulan

After settling Zhao Xingfang, on this day the shareholders' meeting was held, and Zhang Sheng fulfilled his promise to Wu Moli; at the shareholders' meeting he proposed selling off the 38% of shares that originally belonged to Huo Guoqiang, and as for the price, it would be assessed and priced by a professional institution.

After the assessed pricing came out, the 38% of shares would be split into four portions: 10% sold to Huangsheng Real Estate, 10% sold to Victory Real Estate, 10% sold to Tianhe Real Estate, and the remaining 8% went to a newly opened company in the city that hadn't been open long, called Hongyun Capital.

Regarding the proposal Zhang Sheng put forward, not a single person at the meeting dared to oppose it.

First, because the pricing assessed by the professional institution was fair enough; although Zhang Sheng's approach was brazen, it could still be considered decent.

Second, everyone felt that Zhang Sheng now had the final say in this company, and if they wanted to continue staying on, they couldn't afford to offend Zhang Sheng.

As for Wu Moli and Zhang Tianhe, who had the most standing to refute Zhang Sheng, because they also gained benefits, naturally they wouldn't oppose either.

As for Wang Erhai, he had only been back at Liguo Mountain for a short time and his foundation was unstable, so he was even less able to oppose anything.

However, Wang Erhai's mindset was quite level.

When Zhang Sheng divided up Huo Guoqiang's shares, he didn't allot him a portion, and he had no objection either; just holding the 4% of shares in his hand, being a minor shareholder, and then acting as a professional manager — that was pretty good too.

Because he didn't want to get dragged into the struggle again; in the current situation, knowing how to show weakness to Zhang Sheng was actually a pretty good survival strategy.

After all, his current position was pushed up by Zhang Sheng, so both emotionally and rationally he should stand on Zhang Sheng's side.

After finishing dividing Huo Guoqiang's shares, Zhang Sheng's status at Liguo Mountain became even more solid.

Because the new shareholder Huangsheng Real Estate was directly under Zhang Sheng's name, while Victory Real Estate and Hongyun Capital were both operated by him behind the scenes.

Victory Real Estate was nominally Wu Moli's, but actually Zhang Sheng's — this point needs no further elaboration.

As for Hongyun Capital, it was a new company opened in the city by Zhang Sheng's wife Deng Hongyun; its main business was strategic investment.

So-called strategic investment was essentially resource exchange under the endorsement of power, power-money transactions.

Zhang Sheng had resources on his side, so letting his wife run this naturally allowed her to thrive.

Zhang Tianhe now held another 10% of shares, giving him control of 20% total, making him a major shareholder of Liguo Mountain!

This made him very happy, and also very glad that when Huo Guoqiang threw in the towel back then, he didn't lightly follow suit and quit.

Regardless of whether he had actual control, as long as Liguo Mountain got listed, at that time he could gradually reduce and cash out the 20% of shares in his hands in batches, and that would absolutely be a huge profit!

Zhang Sheng's goal was also to take Liguo Mountain public.

So after selling off Huo Guoqiang's 38% of shares to recoup funds, he immediately formulated an expansion strategic target.

At the shareholders' meeting he clearly stated his stance, hoping that next year Liguo Mountain's market share in the city could double twice over compared to now, and additionally needed to open branches in surrounding second- and third-tier cities, targeting 100 branches in one year, 500 branches in three years, rapidly fissioning in the sinking market to build a commercial empire in the mid-to-low-end renovation industry.

Wang Erhai somewhat disagreed with the strategy Zhang Sheng proposed; such blind expansion would definitely leave quality control unable to keep up — could quality still be guaranteed?

Zhang Sheng, however, said to Wang Erhai without any reservation:

"We are capitalists now, not industrialists; quality, that thing, actually isn't that important."

Wang Erhai was somewhat uncomprehending:

"Then what is important?"

Zhang Sheng said:

"What's important is to rapidly expand the scale, make the book data look good, and get all data favorable for listing done beautifully!"

Wang Erhai couldn't help but ask:

"Is listing really that important?"

Zhang Sheng said:

"Of course. Listing means wealth is about to skyrocket — not two times, not three or five times, but ten times, even twenty times! Especially in the current phase of the real estate economy trending upward, we must seize the opportunity and rush to get listed! We can't keep going step by step like before; we have to take ten thousand li in a single stride!"

Looking back, when Huo Guoqiang controlled Liguo Mountain, his goal was also to take the company public, but he didn't dare take such a huge stride; his plan was to first do the city's business well, then put down roots in first-tier cities, and only when the plate was big enough seek listing.

With Huo Guoqiang's kind of planning, it would probably take at least ten or eight years to reach the standard of a listed company.

The capital expansion play Zhang Sheng is running now, however, requires an IPO in two or three years.

"I'm saying, what if — what if after we expand disorderly, all the money is burned through and we still can't get listed, then what?"

Wang Erhai asked this question.

Zhang Sheng was very confident:

"Rest assured, as long as no accident happens, there shouldn't be any problem. Additionally, for safety's sake, once expansion reaches a certain degree and the books are prettied up, I'll set up a scheme to bring in state capital, letting state capital endorse our Liguo Mountain. Once they're in the pit, if it can't get listed then, the people on the state capital side will be even more anxious than us."

Hearing Zhang Sheng's words, Wang Erhai was filled with shock and awe.

To tell the truth, this kind of play belongs to a higher level.

This is a play he had never encountered before.

"Will state capital really come in?"

Wang Erhai voiced his doubt.

What he wanted to ask was, why would state capital come in? As long as they're not fools, they can all see that under Liguo Mountain's rapid expansion it will become a bubble.

However, Zhang Sheng's answer once again overturned Wang Erhai's understanding.

Zhang Sheng said:

"If state capital were those people's family assets, they would absolutely not enter lightly; unfortunately state capital is state-owned assets, not belonging to any individual, so as long as you give those people enough benefits, they will naturally come up with a thousand legitimate and reasonable pretexts to buy into our Liguo Mountain!"

Wang Erhai was stunned.

Could this be the routine for hollowing out state-owned assets?

At this moment Zhang Sheng patted Wang Erhai's shoulder:

"Erhai, you're still young, there's still a lot you need to learn. What you need to do in the Chief Executive Officer position next isn't to offer opinions, nor to act on your own initiative, but simply to do as I say. Learn a bit; as long as you learn my operating mindset, then even if you leave Liguo Mountain later, you'll be able to thrive outside like a fish in water!"

Wang Erhai nodded:

"Alright, General Manager Zhang."

Although he answered like that verbally.

But in his heart he couldn't help but waver.

The operation of capital, and the simplest values in his inner heart, were clearly diametrically opposed.

When Liguo Mountain goes public and then explodes, the capitalists cash out and exit, leaving behind a mess of a stall — how many ordinary people will be harmed!