Lu Fan didn't say much, but he learned a lot of inside information about the Wang family's sale of the property from Xu Wenlin.
The Wang family's overseas investments have repeatedly suffered setbacks in recent years, leading them to begin shifting the focus of their businesses back home.
Nanshan City is considered the Wang family's base and current core area.
However, due to commercial competition, the Wang family's business scope has actually shrunk significantly.
Not to mention Jinghai City, which has been difficult to conquer for a long time, even the surrounding areas of Nanshan City, such as Haigang City and Jiangcheng, have no new businesses or projects under development.
In the past two years, due to business rivals, the Wang family has suffered repeated losses in business investments.
As a result, about a dozen projects that were waiting to be launched in Nanshan City, the current base of operations, have been temporarily shelved.
"With even their working capital tied up, those projects are more likely to fall through, just like the Hongxin Plaza here."
"If the amount you offered hadn't been satisfactory to the board members, the Wang family wouldn't have originally wanted to sell this unit as a package deal."
Xu Wenlin recounted the inside story of how Hongxin Plaza was sold:
"After all, Hongxin Plaza has always been the Wang family's flagship project. If they can't even maintain such a unit and can't continue developing it, they'll have to sell it."
"If the investors and partners of the Wang family find out, won't they all gang up on them? Will they try to take a bite out of this once-mighty eagle before it completely collapses?!"
It must be said that Xu Wenlin is quite talented. He not only analyzed the Wang family's current predicament in great detail, but also resolved some of Lu Fan's previous doubts.
In the previous stock market turmoil, the Wang family's attempt to trick Lu Fan backfired, and they ended up getting trapped by Lu Fan's counterattack.
Now they're just waiting to sell off assets that tie up large amounts of resources and don't yet generate immediate cash flow to recoup their losses.
That's how Lu Fan took control of the soy sauce factory back then.
Moreover, Lü Qiuyi also extracted information about many companies from Wang Mingtang.
These industries are, of course, insignificant compared to a single unit in Hong Sin Plaza.
This one place alone is enough to extract 1.8 billion yuan from Lu Fan.
The Wang family was able to recover their losses thanks to this money, which allowed them to catch their breath.
The reason Lu Fan didn't continue to make things difficult for the Wang family in this matter was that he wanted to let the Wang family catch their breath.
He knew very well how closely Old Huang was watching him.
Without the Wang family protecting him, Lu Fan would face even more difficulties if he wanted to come to Nanshan City.
After reviewing the contract proposal, Lü Qiuyi reached a preliminary consensus with the Wang family, represented by Xu Wenlin.
However, there are certain terms that neither Lü Qiuyi nor Lu Fan would agree to.
Because the Wang family urgently needed money, and a large sum at that, they were very strict about the arrival of funds.
Even if Lu Fan were rich, he wouldn't let the Wang family have it so easy.
"Even with bank collateral, it wouldn't be this fast for a one-time payment."
Lu Qiuyi shook her head decisively and negotiated on Lu Fan's behalf, rejecting the proposal.
Xu Wenlin also knew that this was quite difficult to handle, and even thought that the directors who made this request were being too unrealistic.
Perhaps anyone who has been isolated from the outside world for a long time and lives in a utopia built by their own people would have such "naivety".
But Xu Wenlin was relying on the Wang family for his livelihood. Since the board of directors wanted it this way, no matter how unwilling or how impossible it seemed to him, he had to be at the forefront for the Wang family.
Thus, a confrontation was inevitable.
But who is Lü Qiuyi? She is more professional than Xu Wenlin in drafting legal articles, and she also has Qu Wenjing assisting her.
Lu Fan didn't even need to personally charge into battle to suppress Xu Wenlin's momentum; the other party quickly lost in this heated debate.
Lu Fan sat comfortably to the side, sipping his drink, enjoying the cool summer breeze, and listening to his family members' clear-headed strategies for saving him money.
I was in a very pleasant mood.
Xu Wenlin ultimately lost to the two women and called back to consult with the board of directors, who agreed to split the transaction into several parts.
Thus, this batch of acquisitions involved Lu Fan's side purchasing all the properties under Hongxin Plaza with a total investment of 500 million yuan.
This includes shops from other businesses that Lu Fan and his team had not yet acquired.
The rental space, from top to bottom, includes large cinemas and shopping malls, among other things.
There is also the underground rotating parking lot, which is not yet fully renovated. The entire surface and underground area will belong to Lu Fan.
Lu Qiuyi breathed a sigh of relief when she saw the contract finally finalized.
"We will transfer the funds within a week, and we hope that you can cooperate with our company as soon as possible to complete the transfer of property rights."
After that, the office buildings and hotels in Hongxin Plaza were placed in subsequent transactions.
The negotiations weren't entirely smooth, but they went much more smoothly than Xu Wenlin had anticipated.
In particular, Lu Qiuyi argued strongly on behalf of Lu Fan, and even the Wang family's group of stubborn directors could not do anything about it.
Now that the transaction has begun and things have been successfully completed, Xu Wenlin's smile is exceptionally genuine:
"Then let's hope our cooperation will come to a successful conclusion."
Continue read on readnovelmtl.com