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Shengyuan Real Estate
“Xiao Chen, I won't beat around the bush. You've looked into Sheng Yuan Real Estate, right?”
“I checked the relevant information before coming.”
“I don't know if you're clear on the specifics, but Sheng Yuan's situation is a bit messy right now. It needs an entrepreneur with a sense of social responsibility to take over.”
“Mayor Wu, I especially hope that Jinghai's economic development can reach new heights, and I also hope that the people of Nation can live good lives.
To be honest with you, I have a bold dream: one day, our Nation's economy, technology, education, and healthcare will be at the forefront of the world, and the people of Nation will live happy lives, making all countries in the world envy us.
For this dream, a little sacrifice from myself is no big deal.”
Chen Dong's attitude was sincere, and his eyes were genuine, not at all feigned.
“Mayor Wu, just tell me the bottom line. How much does it cost to acquire Sheng Yuan Real Estate?”
Wu Youwei was also a little moved. He didn't expect this young man to possess such great righteousness. He had underestimated him.
“Four hundred million!” Wu Youwei held up four fingers.
“I've already informed all the senior executives of Sheng Yuan Real Estate. They'll sell everything related to Sheng Yuan Real Estate for 120 million, but the person taking over needs to help them pay off 280 million in external debt and take over two unfinished buildings.”
This figure was basically consistent with Du Meiqing's estimate, which showed that Du Meiqing's ability was indeed good. This greatly improved Chen Dong's impression of her. To be able to do her job to this extent meant she must have put in a lot of thought and effort.
Seeing Chen Dong's lack of response, Wu Youwei was truly afraid that the young man in front of him would just walk away. It was already the seventh, and he had previously promised the people gathered at the government entrance that he would definitely solve this problem before July 10th.
Now there were only three days left to fulfill the promise, and the other real estate companies were all taking a wait-and-see approach, willing to pay, but not much.
“Xiao Chen, you don't have to worry about losing too much. Sheng Yuan Real Estate still has a plot of land in Hetong, and the location is good.
I'll also tell you privately that there aren't many developable areas left in Hexi. We are planning to vigorously develop the Hetong area. If all goes well, after the meeting at the end of the year, plans will be gradually announced next year, and then the land in Hetong will definitely appreciate in value.”
However, even when Wu Youwei said this, he clearly lacked confidence, as no one could predict such unknown matters. What if these plans weren't approved by the higher-ups, or simply didn't pass the meeting? Wouldn't that be a wasted effort?
“No problem, Mayor Wu. Consider it making a friend. For Jinghai's economic development, it's fine for me to concede some profit.
400 million, I'll take over Sheng Yuan Real Estate.”
“Haha, Xiao Chen, then on behalf of the people of Jinghai, I express my gratitude to you.”
“It should be me thanking Nation for giving me this opportunity, allowing an ordinary person like me to participate in the construction of Nation...”
The two engaged in another round of mutual flattery. Wu Youwei, fearing that delays might lead to complications, and given that no other real estate company they had contacted had agreed to take over Sheng Yuan Real Estate, simply pulled Chen Dong and Du Meiqing into his official car and drove directly to Sheng Yuan Real Estate's office building.
On the way, Wu Youwei had his secretary contact the other party, instructing them to prepare the documents and legal team for the acquisition.
This temperament suited Chen Dong well. He also feared that delays would lead to changes, and signing the contract one day earlier meant one day less worry for himself.
In the meeting room of Sheng Yuan Real Estate, the six executives, who were also shareholders, sat on both sides. Even the big boss, Sheng Haicheng, sat in the lower seat with a gloomy expression.
Wu Youwei sat in the main seat, Chen Dong on his left, and Du Meiqing on his right.
“Sheng Haicheng, are the contract and equity transfer documents all prepared?”
“Mayor Wu, everything is ready.”
“Xiao Zhao, please help verify.”
Wu Youwei also arranged for people from the legal and industrial and commercial departments of his unit to come over. This was essentially on-site processing. The First Deputy Mayor brought his team, and all official seals were brought along.
After a series of procedures, Chen Dong didn't even leave the meeting room. He just transferred several sums of money, and all the processes were completed.
This efficiency was truly something Chen Dong had never witnessed in his life!
When a big shot takes action, efficiency is high. What was originally expected to take several days to complete was sorted out in just two hours.
Wu Youwei even arranged for news reporters from Jinghai City to come for an interview. He wanted to report this matter to let everyone know that Nation cares about the lives of its people, and has thought of many ways and done a lot of work to solve their housing problems.
According to Wu Youwei's idea, he wanted to take a few group photos with Chen Dong for the news, but Chen Dong still declined. At this time, he still needed to remain low-key and bide his time.
“General Manager Chen, welcome to your new role as President of Sheng Yuan Real Estate.”
Sheng Haicheng stood up and, leading the entire original senior management team, applauded to welcome Chen Dong.
Chen Dong waved his hand, signaling everyone to sit down, and cleared his throat.
“Everyone, your welcome is a bit premature. Now, Sheng Yuan Real Estate is my personal property.
How you divide that 120 million is your business. As for your positions, from now on, all of them are terminated.
To put it bluntly, you're fired. Go do whatever you need to do; don't linger in my company.”
While the legal team was handling the contract, he had already taken the company's documents and carefully reviewed them. With the enterprise management skills rewarded by the system, he immediately saw the reason for the company's collapse—indulgence in pleasure!
At its peak in 2010, Sheng Yuan Real Estate had a market value of 500 million, but it was in this year that they began to decay—
Sheng Haicheng directly used company money to buy himself a Rolls-Royce Cullinan worth over 8 million. The other five shareholders and executives followed suit, all using company money to buy cars for themselves, none costing less than two million!
This wasn't all; some arranged for relatives to join, creating pretexts to buy cars and houses for them. One executive even bought a BMW X7 for a distant niece. Who knows if this niece was a personal secretary.
However, Chen Dong also discovered a good talent among them: Tu Lang, the manager of the engineering department. Under his leadership, the quality of the buildings developed by Sheng Yuan Real Estate was very solid, and those successfully delivered had good reputations.
It was precisely because of this that Sheng Yuan Real Estate was able to gradually grow stronger in those years.
But in a company that relied solely on connections and not ability, Tu Lang was powerless and could only do his best.
In the meeting room of Sheng Yuan Real Estate, Chen Dong sat in the main seat, Hu Wei on his left, Du Meiqing on his right, followed by Tu Lang and managers from other departments.
“Let's have a quick meeting. Starting today, I am the new President of Sheng Yuan Real Estate. Hu Wei and Du Meiqing will temporarily serve as Vice Presidents. Tu Lang is the General Manager and Engineering Department Manager.
I'm giving everyone three days. In these three days, please thoroughly sort out the company's human resources, finances, and assets for me.
All those connected individuals from before, clear them out for me. Hu Wei is responsible for this, and the HR department must fully cooperate. Don't try to fool me;
Du Meiqing is responsible for finance and assets, and Tu Lang and the others will cooperate well.
I have already paid off all the company's debts. After this cleanup, those who remain in the company will be our core personnel.
I also make a promise to everyone: follow me, and you won't be shortchanged on money. The fact that I could pay off the debts so quickly means I won't shortchange you on salaries and bonuses....”
After the meeting, everyone got busy.
【Ding, congratulations to the host for successfully acquiring a real estate company, rewarding the skill: Master Builder, and gaining one lottery opportunity....】