After the engagement ceremony ended, Chen Qin wanted to call a few friends to have a small gathering, but Li Rui politely declined.

"I really think we have no eyesight. If you still drag your drinks on such days, my sister-in-law will hate us so much!" Li Rui said with a smile, "Go and enjoy the world of two people. I still have something to do!"

Chen Qin patted his shoulder: "You guys have a lot to do. Then wait for you to come back and get together."

Li Rui is indeed in trouble, he wants to see Chen Shufa.

When they met again, Li Rui and Chen Shufa greeted Tang Jun and directly got to the point.

"Mr. Li, is the news of the mixed reform of Baiyao in southern Yunnan confirmed?" Chen Shufa asked.

Li Rui smiled and said, "No news has been heard yet, but the reform of state-owned enterprises is imperative. This is the general trend and no one can stop it. Baiyao in southern Yunnan is one of the best state-owned enterprises in southern Yunnan. As long as the reform is promoted,

, it must be the number one pilot."

Seeing Li Rui's words so firm, Chen Shufa thought he had really had internal news and couldn't help but feel happy: "Then do you think, how should I prepare early?"

Li Rui was prepared and said directly: "Baiyao in southern Yunnan is not an ordinary enterprise. There will definitely be many requirements for introducing capital to carry out mixed reform. I think Mr. Chen should start with these requirements first. The first point is

Adequate funds, and they must be cash investment. The amount of funds may exceed 25 billion yuan. Can Mr. Chen solve this problem?"

Chen Shufa showed a little surprise, but his reaction was not particularly large.

Since he wanted to take action on Baiyao in southern Yunnan, he naturally prepared for the capital needs. More than 20 billion seems to be a lot, and it is within his psychological endurance.

Li Rui also knew that Chen Shufa was not short of money and continued: "The second and most important point is that the mixed reform entity of Southern Yunnan Baiyao is likely to be Dian Pharmaceutical Holdings rather than a listed company Southern Yunnan Baiyao."

"What!" Chen Shufa was shocked.

Tang Jun also said in surprise: "What's the point of mixed reform if it was not carried out at the level of listed companies? This arrangement has no exit mechanism and liquidity for investors, and the amount of funds required is huge, and there is no profit in the short term. It's really true.

Too adventurous!”

Dianyao Holdings is the controlling shareholder of Diannan Baiyao. The Yunnan State-owned Assets Association indirectly holds 41.25% of the shares of listed company Diannan Baiyao by holding 100% of the shares of Diannan Baiyao by holding 100% of the shares of Diannan Baiyao.

Chen Shufa targeted a listed company in southern Yunnan Baiyao, rather than the Dianyao Holdings behind it. These two seem to be one, but in fact the concepts are completely different.

Tang Jun said: "If we can only participate in the stake in Dian Pharmaceutical Holdings instead of directly controlling southern Yunnan Baiyao, it means that we can only enjoy dividends and cannot enjoy the capital market dividends of market value appreciation, then it is equivalent to investing instead of investing. Who will do this

Something thankless?"

Chen Shufa also said: "In this way, Baiyao in Yunnan cannot enjoy the benefits of increasing capital and expanding shares by controlling shareholders. No matter how much money we invest, we can only lie on the account of Dian Yao Holdings and have no place to spend it!"

Li Rui said lightly: "It's true... And as far as I know, this is definitely a hard standard for mixed-ownership reform, and there is no room for negotiation. In fact, the two should be able to understand that this step is conducive to local governments' reform process through the State-owned Assets Association.

It can guide and control the steps and directly adjust the equity held by the State-owned Assets Association without involving other shareholders of Southern Yunnan Baiyao, which can minimize risks and operational difficulties."

After thinking about it for a while, this is indeed the case.

Chen Shufa smiled bitterly and said, "They have indeed reduced the risks, and our risks have greatly increased."

"Isn't this the case with local affairs? What they demand is stability, which is exactly the opposite of the high risk and high returns we pursue." Li Rui said, "If Mr. Chen cannot accept this, then don't consider Baiyao in southern Yunnan anymore.

There are thousands of good companies in the market, why bother to guard a tree?”

Chen Shufa said, "Are there any other requirements? Can you tell me about it?"

Li Rui secretly admired him. No wonder he won the investment every time. He really had a stubborn spirit. No matter what difficulties he encountered, he had to win the company that he had seen!

Li Rui is quite clear about this because he read a report about Chen Shufa participating in the mixed reform of Baiyao in southern Yunnan in his previous life.

Baiyao in southern Yunnan is also a piece of fat in the national mixed reform wave. At that time, it attracted the attention of capitals including Ali, Fuxing, Anping Insurance and Huarun. However, due to a series of mandatory requirements set up in southern Yunnan, these companies were put into use.

They were all blocked outside the door. Only after experiencing the lawsuit with Chita still remained infatuated and resolutely accepted all the requests, and finally got Bai Yao back in southern Yunnan.

Li Rui tried hard to recall the reports he had read at that time and continued to talk.

"In the future, Dian Pharmaceutical Holdings needs to maintain a fixed equity structure. Yunnan hopes to form a tripartite holding model of ABC, with an equity ratio of 45:45:10. The shareholding ratio of private major shareholders a and state-owned capital b is consistent, and neither party can do so

To achieve a single controlling shareholding, small shareholder c plays a check and balance role in the decision-making process of the enterprise, and ultimately form an equity structure without actual controllers."

After Li Rui finished speaking, he smiled and said, "I think this is not a problem for Mr. Chen."

Compared with the second article, this article is indeed not a problem. If you understand a little capital operation, there are countless ways to bypass the limitations of the equity structure.

Chen Shufa nodded and said, "Is there any more?"

"The last article is actually relatively simple. Given that Southern Yunnan Baiyao is a national confidential formula, capital partners must abide by the ownership of the formula belonging to the state, and the right to use belongs to the provisions of Dianyao Co., Ltd., and they shall not seek to obtain the formula in any way or transfer the right to

For any party other than Dianyao Co., Ltd., the formula must be strictly followed by the relevant regulations on the national confidential formula." Li Ruidao.

Chen Shufa said: "There is no problem with the first, third and fourth articles, only the second one I cannot accept. According to the requirements of southern Yunnan, our money has become an investment in Dian Pharmaceutical Holdings, which is not the same as the listed company of southern Yunnan Baiyao.

If you have direct contact, isn’t it in vain?”

Tang Jun also said: "This requirement is too unreasonable."

Li Rui smiled slightly and said, "If there is a way to turn unreasonable things into reasonable things, are you interested?"

"What do you mean?" Chen Shufa and Tang Jun were both surprised.

With their years of experience in the capital market, they still can't think of a way to comply with the requirements of southern Yunnan and break the deadlock. What method can Li Rui come up with?

Li Rui said slowly: "I can give Mr. Chen a tip to break the deadlock, but I also hope Mr. Chen will do me a favor and come forward to bid for Ali shares in Yahoo. Just bid, I will operate other things.

If the purchase is successful, I will solve the funds. If the bidding fails, I owe you a favor."

Chen Shufa thought for a long time.

Helping Li Rui bid for Ali shares will inevitably offend people.

But if Chen Shufa didn't help Li Rui, he wouldn't be able to bear the fat piece of Baiyao, southern Yunnan.
Chapter completed!