Chapter 751 only revealed a small part of it.

"Generally speaking, the cost of mechanical and electrical installations in commercial buildings accounts for about 10%-15% of the total construction cost."

罗阳轻松自如的给出答案:“这些具体费用包括水电、暖气、消防、智能弱电等,其中水电安装费用一般占到总造价的5%-8%;暖气一般占到总造价的2%~3%;消防设备一般占到总造价的2%-3%;智能弱电等一般占到总造的2%-3%。”

"The total purchase price of the building is close to 5 billion yuan. Based on this ratio, there will be an additional expenditure of 50 to 7.5 million yuan."

Song Wan continued, "This doesn't even include the renovation costs."

The budget for renovation is hard to say. You can spend 500 per square meter to do a basic renovation, or you can throw in 5000 per square meter to go for a high-end renovation. It's a bottomless pit.

"I know it well."

Just as everyone was figuring out where such a large sum of money would come from, Luo Yang revealed a little information: "The group held a funding meeting a couple of days ago for the acquisition of the headquarters building. The bulk of the funds, including the cash payment to the developer and subsequent electromechanical installation costs, will be allocated from Gray Rhino Capital. This time, Luo Shengtang's money will not be used."

As soon as Luo Yang finished speaking, everyone in the conference room turned their attention to Zhao Pengcheng.

In previous board meetings, Zhao Pengcheng rarely spoke, essentially remaining in a semi-transparent state.

The fact that they actually launched a satellite this time has truly shocked everyone.

Facing everyone's gaze, Zhao Pengcheng straightened his chest, smiled, and nodded; "The chairman is right, the funds for this acquisition of the headquarters building can be allocated from our Gray Rhino Capital."

Amidst the murmurs, only Song Wan turned her gaze to Luo Yang.

She suddenly remembered the banquet called "Wealth Code" and the fund product launched by Gray Rhino, which had a value of up to 1 million US dollars.

Has this fund already made so much money?
It's unbelievable
"Besides the sources of funds, the company's debt is not more than 3 billion yuan."

After the noise in the conference room subsided, Luo Yang continued to disclose information: "The bank is willing to assume part of the debt in exchange for equity in the commercial building. In this way, the company's debt ratio is actually not as high as everyone imagines. If conditions permit, we can even mortgage the headquarters building to obtain some cash for renovations."

This involves a private agreement between Luo Yang and Yongcheng Bank.

Although it hasn't been finalized into an agreement yet, it's only a matter of time, and this agreement will definitely be reviewed at the board meeting, so it's okay to reveal a little bit to the members present now.

After saying this, Luo Yang gave Song Wan a special look.

Perhaps still preoccupied with thinking about the fund products launched by Gray Rhino Capital, she didn't say anything more.

Without Song Wan leading the questioning, the acquisition of the headquarters building was unanimously approved after another four or five minutes of discussion.

"Next, we will discuss and review the third item on today's agenda: the second round of financing for the bike-sharing project."

Wen Wan continued reading according to the meeting agenda: "In universities and colleges within the Yangtze River Delta region, shared bicycles have already been deployed in nearly 70% of them. As early as two months ago, the company began to expand its reach to universities and colleges in other parts of the country. To date, our market expansion has achieved remarkable results in cities with a high concentration of universities, including Beijing, Guangzhou, and Wuhan."

The speech lasted several minutes, but it can be summarized in one sentence.

The campus market has been developed to a considerable scale, and the next step is to consider expanding to cities. However, we are short of funds and need financing.

There's not much to say about that. When Luo Yang first started this project on campus, Song Wan invested 100 million yuan in the name of the group's investment department, acquiring 70% of the shares, with the rest belonging to Luo Yang personally.

In subsequent developments, neither the company nor Luo Yang personally invested any more capital in Edifier Technology.

However, according to the information just reported by Wen Wan, this project, which only cost 1 million, is now valued at nearly 200 to 300 million in the market. From this perspective alone, the group's investment department has already made more than 100 times its initial investment.

"I never imagined that a project that the chairman casually started would now be sought after by the capital market."

In his later speech, Chu Jianming remarked with the most emotion: "As everyone should know, Kunpeng Technology was also founded on campus by the chairman during his sophomore year of college. Both of his campus ventures have achieved great success, which is truly incredible."

Of all those present, Qiao Zhiyuan was the most moved.

He was someone Luo Yang had met during his sophomore year of college.

At that time, Qiao Zhiyuan was still working at a friend's advertising company, while Luo Yang, a sophomore, was already the marketing director of Jincheng Real Estate. When they first met, he was so experienced that he seemed like a 34-year-old middle-aged man.

Not only Edifier Technology and Kunpeng Technology, but also Nayuki and Lemon CC, which of these companies in the group's current framework wasn't founded by Luo Yang during his student days?

This proposal passed unanimously without a doubt.

"The next part of the meeting is a break. Please return to the meeting room in 15 minutes to continue the discussion and deliberation of the following agenda items."

After discussing the three topics for a little over an hour and a half, Wen Wan announced a break in the middle of the meeting, following the established meeting agenda.

No sooner had Luo Yang left the conference room than Song Wan followed him.

Besides her, there was also An Ying.

"What, I just came out for a smoke, and you guys can't even spare me this little bit of time?"

Back in his office, Luo Yang lit a cigarette and looked at the two men, saying, "Couldn't we have waited until the board meeting was over to say that?"

"I'm so anxious right now, how can I wait an hour or two?"

Song Wan sat down directly across from Luo Yang's desk: "The meeting just now mentioned the source of funds for the acquisition of the headquarters building. Did the fund launched by Gray Rhino make money?"

"Besides this, can you think of any other reasons?"

Luo Yang smiled and said, "What's wrong? Now you regret not subscribing to one or two fund products at the Wealth Code banquet?"

"The highest return is only 50%, and I remember the maximum return for this fund was 1 million US dollars."

Song Wan ignored Luo Yang's joke and stared intently at her boss's young face, saying, "I remember the fund's closing time was in early July. It's only been a little over half a month. Have you already multiplied your principal several times over?"

Doubling it isn't enough.

After all, the 20% return given to customers has to be deducted from the doubled profits, and what's left is the company's profit.

8000 million US dollars is not enough to cover the cash flow required to acquire the headquarters building.

According to the report just now, the profit is at least 2 million US dollars.

"Why are you so concerned about how much money Gray Rhino made?" Luo Yang looked at Song Wan with a smile.

"I hope the chairman earns more money; wouldn't that be a good thing?"

Song Wan wasn't embarrassed at all and continued to smile, "Besides, if we earn more and the company has more cash flow, I can ask you for more support when I take over Guobao Films."

That was the original idea.

"Didn't I already promise you that?"

Luo Yang clicked his tongue and said, "All the profits from the two movies, 'Fleet of Time' and 'Lost in Thailand,' will stay with Guobao Films. We won't take a single penny. Moreover, I guarantee that the net profit of these two movies will not be less than 3 million yuan. In addition to the profits from film and television investments, I will inject at least 2 million yuan in funds within two years after you take over the film and television company. Isn't that enough?"

"I'm mainly worried."

Song Wan sighed and said, "Although you are the boss, and I admit that you are quite talented in business, who can guarantee that the two movies you invested in will be profitable, and that they will be worth no less than 3 million yuan in total?"

After she finished speaking, she specifically looked at An Ying beside her.

"Ms. An, don't you think so?" An Ying didn't speak because it wasn't her turn yet.

"Alright, all I want is peace of mind."

Luo Yang said helplessly, "I promise you here that if the combined revenue of these two films doesn't reach 3 million, I'll make up for whatever's short. Is that alright?"

"OK!"

Song Wan smiled and made a gesture.

He then turned to An Ying and said, "President An, now it's your turn to ask for money."

This woman is judging others by her own standards.

"Boss, given Lemon CC's current expansion speed, it may not need another round of financing. By the end of the year, we should be able to start looking for a new owner."

An Ying was not asking for money in the way Song Wan had imagined.

After saying that, she glanced at Song Wan and then continued, "Lemon CC can sell for 100 billion. At that time, Luo Shengtang will have plenty of cash flow, which can fully support the group company's acquisition of the headquarters building. You don't need to withdraw funds from Gray Rhino Capital."

Song Wan: "."

They're all incredibly wealthy!

If Lemon CC can sell for 100 billion yuan, Luo Yang can receive 49.5 billion yuan in cash based on his current shareholding.

"In any case, the acquisition of the headquarters building cannot be completed in a short period of time. It would be considered relatively fast if the negotiations and signing could be completed before the end of this year."

While Song Wan was still in shock, An Ying continued, "I think Lemon CC can catch up."

"Why not just withdraw funds directly from Gray Rhino Capital?"

Luo Yang was silent for a while, then looked at An Ying quietly: "Tell me your reasons. I believe you're not doing this to show off."

Moreover, he remembered talking to An Ying about how the investment in the new energy vehicle industry in two or three years would require a large sum of money, and a portion of it would have to be drawn from Luo Shengtang.

"The first item on the agenda in the meeting just now mentioned the company's organizational restructuring, which I reviewed quite carefully."

An Ying didn't pause and replied directly to Luo Yang, "I saw a mention in the documents that a new group company will be re-established during the restructuring, and the branch offices will be adjusted accordingly."

Ok?
Is your observation skill really that sharp?
After these words were spoken, even Song Wan fell into deep thought.

"You've observed very carefully."

Luo Yang didn't say anything directly, but looked at An Ying with great interest: "What did you analyze from this information?"

"We need to add another one."

An Ying replied: "Register an investment company overseas, and use this company to control the newly established group company. Boss, my simple understanding is that using a wholly-owned overseas registered investment company to control the domestically registered group company is both a way to avoid the risk of debt collapse and a way to strengthen the boss's control over the company."

No wonder he's a top student from Fudan University.

Perhaps in the classroom at school, or through her own learning, An Ying was already able to correctly interpret the structures of those large companies.

“You own 95% of Gray Rhino’s shares, so you don’t need to do anything else to guarantee absolute control of the company.”

An Ying continued to offer her insights: "But Luo Shengtang is different. You currently only hold 55% of the shares, and within Lemon CC, you only hold 49.5%. Let alone absolute control, even a majority stake is at risk. And the situation with Jiangxiaobai Liquor is even more precarious."

"you mean"

Song Wan immediately realized what was going on and understood An Ying's line of thinking.

She gave An Ying a deep look, then turned to Luo Yang and asked, "Won't the companies that are wholly owned by Kunpeng Technology, Guobao Films, and Gray Rhino appear under the name of the newly formed group company? Then how many branch companies will be left in your newly formed group company?"

"President Song, don't forget, the boss also has many businesses in Yang City."

An Ying timely reminded him: "With this restructuring, the boss clearly wants to integrate all the industries under his name."

"Okay, it was my oversight."

Song Wan slapped her forehead: "I almost forgot that Boss Luo also established a number of businesses back in his hometown. He really kept it well hidden!"

“Boss, since Gray Rhino Capital is going to leave the group in the next few months, there’s no need to withdraw funds from it.”

An Ying offered this suggestion with an analogy: "Even transferring money from one pocket to another still requires effort."

Because of this analogy, Song Wan instantly began to look at An Ying in a different light.

"Well, I'll think about it."

Luo Yang was persuaded by An Ying's suggestion. Although he didn't make a decision right away, he had already changed his mind.

"And then there's the food company."

An Ying didn't finish her sentence in one breath: "There's no time now. After the meeting, I'd like to come to your office to give you a detailed report on my recent work."

Nine times out of ten, it involves using Sequoia Capital's funds to develop their own channels; otherwise, there would be no need for them to avoid Song Wan.

"Let's go, it's almost time to rest."

Luo Yang stubbed out his cigarette, stood up, and called to his two generals, "Let's finish the meeting first, and we can talk about the rest later."

Song Wan caught up with Luo Yang, somewhat unwilling to give up.

"Chairman, you still haven't told me how much money Gray Rhino has made?"

"President Song, you should understand."

As Luo Yang walked, he said, "As long as the money is still in the futures market, it's just a number. Only after you liquidate your position can you calculate whether you've made a profit or loss."

"Then tell me what the current number is."

Song Wan had short legs, so she walked very fast to keep up with Luo Yang.

"It's around 4 to 5 million."

Luo Yang modestly mentioned a number that wasn't too alarming.

In fact, Zhao Pengcheng routinely reports on the US crude oil futures market every morning. This morning, the price of crude oil has broken through 90 US dollars per barrel. Based on the initial purchase price, the profit per barrel is about 12 to 13 US dollars.

It's worth noting that the fund product accounts alone currently hold 110000 lots.

What is this concept?
For every dollar the price of crude oil rises, the profit reaches 110 million US dollars. Based on the current price of crude oil, if the fund account were to liquidate its positions now, the profit could reach 14 to 15 billion US dollars.

Luo Yang only gave Song Wan a small fraction of the amount.

(End of this chapter)

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