Chapter 161
Meizhou is not far from Shanghai. After getting on the expressway, the Alpha nanny car arrived at the headquarters of Hongda Electric Co., Ltd. in the Meizhou Development Zone after more than an hour.

Ye Yuanli, the founder of Hongda Co., Ltd., was born in 1948 and is now 73 years old. His wife Jiang Yuanyuan was born in February 1951 and is also 2 years old.

Ye Yuanli and his wife are old and their health is getting worse.The current chairman of the company, Ye Xin, is their daughter. She studied in the UK and majored in liberal arts. She has no interest in company management.So after discussing at the family meeting, they planned to give up the controlling stake in the listed company. After the couple cashed out most of the shares, they formally retired.

The total share capital of Hongda shares is 2.6 million shares. The original major shareholder and founder Ye Yuanli and his wife held 42% of the shares of the listed company.

In the early stage, Li Xiaofan entrusted Jiang Zhiyong, a partner of Feitian Venture Capital, and Zhou Daqing, the head of Shanghai Yingke Law Firm, to negotiate with the other party, and came here today to formally finalize the matter.

This time, Ye Yuanli plans to transfer 29.99% of the shares of the listed company, a total of 7878 million shares, to Xiongqi Investment Management Company under Li Xiaofan. The total transaction price is 10.87 billion yuan, and the transfer price is 13.8 yuan per share.On that day, the trading price of Hongda shares was around 12 yuan, and the premium rate was not very high.

At present, there are many cheap shells in the A-share market, but if you want to find a clean one with good asset quality, there are not many listed companies that major shareholders are willing to transfer.

Since the investigation work in the early stage was already sufficient, Li Xiaofan said to Ye Yuanli, his wife and their daughter Ye Xin, who is currently the chairman of Hongda Co., Ltd. after a few words of pleasantries:
"Several, because Hongda is a listed company, a lot of information is very transparent. I also got a lot of DD due diligence reports on your company in the early stage. So, if there is no problem, let's sign the "Share Transfer Agreement" now." ! Then I will immediately transfer the transaction consideration of RMB 10.87 billion to your designated account!"

"Mr. Li, are you sure you will call us 10.87 billion yuan after signing the "Share Transfer Agreement"?" The old man Ye Yuanli thought he heard it wrong.

"Yes, that's right, I will pay you the full amount after signing!"

After Li Xiaofan's words fell, not only his partner of Feitian Venture Capital Jiang Zhiyong and the head of Shanghai Yingke Law Firm Zhou Daqing were stunned, but also the other party, Ye Yuanli and his wife, and their daughters, Ye Xin, the current chairman of Hongda Co., Ltd. Secretaries, lawyers, etc. can't understand Li Xiaofan's routines.

Jiang Zhiyong bowed his head and whispered in Li Xiaofan's ear: "Mr. Li, this transaction must meet the following conditions: Ye Dong's party obtained Hongda's shareholders' meeting to exempt shares from the voluntary lock-up commitment. There is also a share agreement transfer involved in this transaction. It is necessary to pass the compliance confirmation of the Shanghai Stock Exchange and apply to the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. for share transfer registration. Whether this matter can be finally implemented and the implementation results are still uncertain..."

Zhou Daqing also leaned over and said in a low voice: "Dr. Li, with the progress of the transaction and changes in the external environment, or other unforeseen circumstances may arise, at the same time, changes in the subjective wishes of one or both parties, subjective breach of contract, force majeure or When the termination of the transaction stipulated in other agreements occurs, it may directly lead to the failure of this transaction, and there is still uncertainty about whether the transaction can be successfully concluded. Therefore, the industry's industry regulations are that when signing a formal agreement, the maximum prepayment to the other party does not exceed the transaction amount. 50% of the earnest money will be transferred to the co-management accounts of both parties, and the transaction will be approved by the general meeting of Hongda Shareholders, the compliance will be confirmed by the Shanghai Stock Exchange, and the share transfer will be applied to the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. After the transfer registration, pay the other party the balance! You just signed the "Share Transfer Agreement" and paid in full. In my career, it has never happened! Would you think about it again?"

At this time, even Ye Yuanli felt a little uncomfortable, and said to Li Xiaofan:
"Mr. Li, it's okay, don't be so anxious! According to the agreement drafted by our lawyers, after signing the "Share Transfer Agreement", you can pay 2 million yuan in earnest money to the joint management account within [-] working days!"

Li Xiaofan said with a smile: "Then ask the lawyer to modify the transaction process and the payment terms of the target share transfer price, so that after signing the "Share Transfer Agreement", Xiongqi Investment will transfer the full transaction amount within 2 working days. Pay you!"

After Li Xiaofan finished speaking, everyone in the conference room looked at each other in blank dismay. Did the rich and young family in front of them have too much money to hide?
Ye Yuanli, his wife, their daughter Ye Xin and a group of people were suspicious in their hearts: This Li Xiaofan is young and speaks so loudly. He can come up with one billion in cash at once. He can't be a liar, right?It's just a mule or a horse. After signing it later, we'll know if the money can arrive in the account!

Soon, lawyers from both parties revised the terms according to Li Xiaofan's request, printed them out and submitted them.

After Li Xiaofan read it, he said to Ye Yuanli and his wife:

"Well, very good! Director Ye, see if there is any problem. If there is no problem, then let's sign it? After signing, I will send you the money! I have to rush back to Shanghai. There are still a lot of things to do..."

Ye Yuanli smiled and said: "If Director Li insists on changing this clause to this, of course we have no objection! By the way, Director Li, it is your first time to come to us, we have already prepared lunch, and in the morning I have asked The driver went to purchase the best and largest saury in Taihu Lake, you must have lunch before leaving!"

His wife Jiang Yuanyuan also said to Li Xiaofan: "Mr. Li, after signing the agreement, you will be the major shareholder of this company from now on, and this is also your home. It's not too late for you to go back after eating!"

"You're welcome, how about we sign the agreement first?"

The board secretary of the listed company next to him suggested: "Mr. Ye, Mr. Li, how about signing the agreement after the market closes at 11:30? Then we can apply to the stock exchange to suspend trading in the afternoon. This is safer and will not leak news. To prevent the stock market from fluctuating and being subject to regulatory investigations. In this way, Chairman Li will also have a good lunch before leaving..."

Li Xiaofan heard that it made sense.

Shuangfang waited until the market closed at 11:30 in the morning and signed a formal "Share Transfer Agreement".

After signing the agreement, Li Xiaofan went to the bathroom.

Squat on the toilet and start to transfer money on the mobile phone.

Didi! [Your dual-currency wealth credit card RMB account ending in 808 has invested 10.87 billion RMB, and the current account balance is -5.52 million RMB]

Didi! [Your dual currency wealth credit card RMB account ending in 808 has an income rebate of RMB 21.74 million, and the current account deposit balance is RMB 16.22 billion]

Seeing the figure of RMB 16.22 billion in deposits, Li Xiaofan was no longer as excited as before, and felt that it was just a number.

For him, the next consideration is how to spend them, invest them!

How to be more meaningful, how to make yourself physically and mentally happy!

(End of this chapter)

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