"Brother Feng, for the sake of the students' desire for knowledge, you can do it!"

"I'm looking for help from your professors from the University of Finance and Economics. Why do you ask me for? I'm not an expert professor, so I can't be so noble."

"Brother Feng, you also know that the teachers in our school are just talking about the war. What students want to hear is a combination of practical things. Wouldn't it be a misleading child to let them go?"

"Professor Song, you also know what it means to mislead people's children? Don't use any knowledge to tell me. I know that the teachers in your school are very busy, busy doing private work outside to earn money. You can't do such things without any benefits, and you will remember to find me if you don't have any benefits!"

"Brother, isn't it just going to the Light Industry Academy to give a lecture? It's a simple task, so why are you so many strange things?"

"Wait! Lao Song, are you talking about the Light Industry College? Then when will I go?"

"Just tomorrow, the time will start at 4 o'clock. As soon as the market closes, ask Director Sun from the Finance Department to send a car to pick you up. How much does it cost to give? Don't be too much, just be willing to do it."

"Teaching fees? If I charge less, I will lose my value. If I charge more, the school may not be able to pay it. Forget it, I will give it to the other party and face. It's free, even if I fulfill my obligations."

"This is great. I'll thank you for Director Sun!"

"Old Song, don't thank me for it now. I have to go to the Light Industry College to agree to you if I have something to do. You have to ask Director Sun to do me a favor."

"So you have the conditions, what are you going to do?"

"I want to check the files of two students in their school's 97th grade, one named Qiao Fangsi and the other named Han Shuang."

This is a telephone conversation. One of the two people on the phone is Feng Junzi, and the other is Feng Junzi's friend, Professor Song Zhaonan from the University of Finance and Economics. It turned out that Director Sun from the Department of Finance and Economics of Binhai Light Industry asked Professor Song to invite an expert to give a lecture on the practical securities investment for students in their school. Professor Song thought about Feng Junzi. Feng Junzi was too lazy to take care of things, but when he heard that he was going to the School of Light Industry, he immediately remembered what Gui Piaopiao had entrusted in Jimo. He happened to take this opportunity to ask a question at the School of Light Industry, so he agreed.

When the stock market closed the next day, the car from the Light Industry College was already waiting at the business department. The driver's surname was Zhang. After a few simple greetings with Feng Junzi, he drove directly to the Light Industry College. On the way, Feng Junzi asked Master Zhang: "How many years have Master Zhang worked in the school?"

Master Zhang: "It's not too long, it's been four or five years."

Feng Junzi: "Two years ago, something big happened at the School of Light Industry. A female student suddenly died before graduation. Have you heard of it?"

Master Zhang was surprised and asked, "How did you know about it, Teacher Feng? The school did have such a thing, but the school leaders gave instructions to prevent the spread of the mess, and the news media did not report it. Not many people knew about it. I just knew that there was such a thing, and it was not clear what was going on, and the school did not allow it to be said."

Feng Junzi felt sorry for hearing this. It seemed that what the female ghost Piaopiao said was true. Such a thing was a scandal for the school, and it was normal to try to cover it up. It seemed that Master Zhang would not know more. He had nothing to say along the way and soon arrived at the Light Industry College.

Director Sun was very enthusiastic about Feng Junzi, but there were too many people in the office, so it was difficult to ask about Piaopiao. The time for the lecture was up, and the group walked into the auditorium. After a brief introduction and applause, Feng Junzi began to give a lecture.

Feng Junzi also came from the students and knew that these people couldn't learn anything in class and wanted to listen to something, so they didn't prepare any lecture notes. They picked up the textbooks used by students and talked about a few simple concepts. Then they began to combine some specific and interesting events in the market. The students in the audience listened with relish.

Generally speaking, the more fascinated the people on the stage, the more excited the people on the stage speak. Feng Junzi gave lectures to the frowning stock investors every day, and he was a little aesthetically exhausted. Today, he suddenly faced so many pairs of enthusiastic eyes and became energetic. As he was speaking, he suddenly saw a female student sitting in the audience very familiar. He couldn't help but look carefully, and suddenly a thought flashed in his mind and recognized it - this female student was Lulu, the lady sitting in a midnight nightclub a few days ago.

Lulu obviously recognized Feng Junzi as well. When Feng Junzi looked at her, she unconsciously avoided her eyes and lowered her head to take notes, and her fair face suddenly turned red. Feng Junzi thought to herself: "There are few words on Feng Yue's field that are true. She thought she was smart and decided that she was a junior sister, but she was deceived. She was not a student of the University of Science and Technology. But she was indeed a college student, but why did the students of the College of Light Industry pretend to be from the University of Science and Technology in a nightclub?... It seems that she recognized me too..."

Feng Junzi changed his mind and suddenly stopped talking. The students and teachers who were listening to the class looked at Feng Junzi and suddenly stopped talking as they spoke. Their eyes were straight and they looked at a place below the stage in a daze. They all looked at Feng Junzi's place. At this time, Lu Wei's head lowered and her face seemed to be redder.

Feng Junzi's reaction just now was not intentional, but was just a surprise. Seeing that the people in the audience looked towards Lulu, they immediately realized that they had lost their composure and quickly spoke to smooth things over: "Students, I was suddenly distracted when I was giving a lecture just now. The reason was that I suddenly thought of an announcement issued by a listed company today, which was about asset restructuring. We just talked about the equity transfer issue of the joint stock company. Now I will give you a practical case analysis, that is, how can I acquire a listed company without spending a penny?"

Everyone in the audience was indeed very interested in the question Feng Junzi talked about, and they turned their eyes back. Feng Junzi felt relieved and continued: "I will first talk about how Weida Co., Ltd. implements MBO (management acquisition) in this city. Let's take a look at the blackboard. In fact, this process is very simple. The management of Weida Co., Ltd. registered another shell company Weida Group, and then used related transactions to form accounts receivable of Weida Co., Ltd. for Weida Co., Ltd. for Weida Co., Ltd., which is actually equivalent to Weida Group occupying 300 million yuan of Weida Co., Ltd.'s funds. In the end, Weida Group bought Weida Co., Ltd. from the Binhai Municipal Government for 300 million yuan. The implementation model of this management acquisition is to use the money of listed companies to buy listed companies. Of course, the process I mentioned is the simplest model after simplification. The actual situation is much more complicated, but the basic idea is like this."

Feng Junzi saw that everyone was very impressed and then introduced: "The management's acquisition requires the use of the money of listed companies to buy listed companies. It is nothing more than borrowing the credit method of listed companies, profit transfer method, equity pledge method, etc., for example, in another way, Weida Shares or Weida Shares affiliated companies provide loan guarantees to Weida Group. Weida Group can also use bank loans to acquire Weida Shares. Or the acquisition will not be paid for the time being, and the equity will be mortgaged to the bank after the acquisition is obtained.

It is also possible to pay the acquisition payment with a pledge loan. Or the management intends to cause financial losses to the company, reduce the company's net assets, and acquire the joint-stock company with the transferred profits. For those cases where major shareholders occupy more funds from the joint-stock company, they can obtain equity in the form of debt replacement, that is, to assume debts for the original shareholders, exchange debts for equity, and then take a piece of asset evaluation and return it to the listed company. These methods can be explained in an illustration way..."

It seems that these students and teachers in the audience have never heard of these. After all, the finance major of the School of Light Industry has been open for less than four years, and there are not even the first batch of graduates. He also has to invite off-campus experts to give lectures. Feng Junzi finished the illustrations on the blackboard in turn and finally made a conclusion: "In fact, when there are loopholes in the existing legal system, as long as he obtains decision-making and control over economic resources and lacks corresponding supervision and constraints, some people can use this right to seek benefits, such as putting a listed company in their own pockets."

After Feng Junzi finished speaking, the teachers and students in the class began to discuss and comment on the good or bad entrepreneurs. Some also began to ask questions about some things they heard, and some began to scold some social phenomena. Feng Junzi looked at the chaos in the classroom and couldn't help but sigh: "The standard for judging the right and wrong of things is not that simple. The market is not as organized as the textbooks. In practice, it is difficult for us to tell who is good and who is prostitute!"
Chapter completed!