Chapter 14601462【Private Museum】
?Guan Xiaoguan then called Chunming and told him about the treasure hidden in the kitchen.
"Hey, this old man dared to hide his treasure here. Let me tell you, I think his treasure is missing." Chunming couldn''t help laughing when he saw it.
“This is because Mr. Guan is afraid that we will be bored, so he is teasing us.” Xiang Nan said with a smile.
"Yes, he likes to play." Chunming nodded and said, "Xiaoguan, the old man hid the treasures because he didn''t want them to be shipped out of the country. I hope you can understand his painstaking efforts."
"Don''t worry, Chunming, I won''t mess around." Guan Xiaoguan waved his hand, "I will collect these treasures carefully and will never lose them abroad."
Xiang Nan nodded, "Actually, I have an immature suggestion. I''ll put it forward for everyone to study."
Hearing what he said, Guan Xiaoguan and Chunming both looked at him.
"We all know that the collection of cultural relics requires methods. Humidity, temperature, light, safety, etc. must be considered." Xiang Nan explained, "There is no way to hide these treasures here, and taking them out will easily cause trouble, so There has to be a proper place to go.
To be honest, I have long planned to build a private museum specifically to display my collection over the years. Xiaoguan, if you can trust me, put your antiques over there. "
When Guan Xiaoguan heard this, he naturally nodded in agreement.
Her whole body belongs to Xiang Nan, let alone these things.
Chunming also nodded after hearing this.
When collectors play with antiques, they don’t just hide them away. The better the thing is, the more important it is to play with and appreciate it with collectors. The so-called happiness alone is not as good as happiness among everyone.
??Moreover, he had compensated Xiang Nan a lot of things in the past few years, many of which he found painful. I thought I would never see it again, but now it would be great to have it on display.
“Then it’s settled.” Xiang Nan nodded and smiled.
…
Subsequently, Xiang Nan officially began planning his own museum.
??He designed the museum''s architecture and interior decoration himself to ensure that all visitors can make their trip worthwhile and feel the charm of China''s five thousand years of civilization.
In June 1996, the construction of the main building of the museum officially began.
At the same time, Xiang Nan also submitted an application for a private museum to the relevant departments.
Applying for a private museum is not an easy task. There must be proof of the source of funds, a collection catalog and a description of legal sources, an outline for the display, and relevant management and technical personnel...
Fortunately, Xiang Nan has good connections and his collections have been passed down in an orderly manner, so the application for a private museum is progressing very quickly.
"I tell you, although these cultural relics will be placed in your museum, the ownership is still mine, and I will pass them all to my son in the future." Guan Xiaoguan said to Xiang Nan.
“Don’t worry, will I still **** things from my son?” Xiang Nan said speechlessly, “All my wealth will not belong to them in the future.”
“Then who knows, do you have other women and have you had children with them?” Guan Xiaoguan curled her lips and said.
"Oh, thirty is like a wolf, and forty is like a tiger. I''m tired of dealing with both of you, so where can I find the energy to find another woman?" Xiang Nan sighed, holding his waist.
“Go, hate it~” Guan Xiaoguan rolled her eyes at him.
…
In July, Kunpeng Real Estate, driven by Peregrine, officially landed on the Xiangjiang stock market.
Prior to this, Xiang Nan first obtained a controlling stake in Meifeng Industrial with the help of Peregrine. Subsequently, the board of directors of Meifeng Industrial was reorganized and assets were injected. In this way, the purpose of listing is achieved. Meifeng Industrial was listed in 1974. It was first engaged in the production of chemical fibers.
At the beginning of Xiangjiang’s opening as a port, industry was the first to be developed. Xiangjiang Manufacturing was once famous all over the world, and its products such as plastic flowers, toys, clothing, textiles, hardware, electronics, etc. all have very good sales.
It was not until later, with the reform and opening up of the mainland, that a large number of Hong Kong businessmen moved their factories to the mainland, and Xiangjiang''s manufacturing industry gradually became hollowed out and was kidnapped by the real estate and financial industries.
The same is true for Meifeng Industrial. It produces chemical fibers, which was fine in the 1970s and 1980s. In the 1990s, with the rise of environmental awareness, this type of industry lost popularity, which affected Meifeng Industrial''s earnings and caused its stock price to fall year after year.
?The major shareholders didn’t want to lose any more money, so they sold their stocks one after another, so someone got the controlling stake. The next step is to divest assets and sell the shell.
?Now, Kunpeng Real Estate is raising funds through the shell listing of Meifeng Industrial. It has issued one billion new shares in the first round at 2.5 yuan per share, and is expected to raise 2.5 billion Hong Kong dollars. Such a large-scale investment can be regarded as the largest fund-raising by Chinese investors in recent years.
The reason why Xiang Nan was so generous was mainly because he knew that the financial crisis of 1997 was coming. By then, the stock market will be in a deep depression, and it will be difficult to raise funds.
?So take advantage of now and raise more funds if you can. Anyway, after two years, the shares can be recovered at a low price.
Brokerages are not very supportive of his approach.
Because if the subscription is insufficient and the funds raised are less than HK$2.5 billion, it will be major bad news, indicating that no one is optimistic about the stock, which will cause the stock price to plummet.
?However, Xiang Nan still insisted, so the securities companies had no choice but to agree.
Fortunately, red chip stocks are more popular now, and Kunpeng Real Estate is strong, so in the end there was no danger, and one billion new shares were subscribed, but the subscription rate was a bit low.
When other stocks are listed, the subscription rate is more than ten times or dozens of times. Only Kunpeng Real Estate, with a subscription rate of only 1.2 times, barely passed.
?This also caused the stock to fall below the issue price on the first day of listing, making Kunpeng Real Estate''s market value only HK$7 billion, which was nearly 30% lower than the estimated market value.
?But Xiang Nan doesn’t care too much.
On the one hand, when a company is listed, major shareholders like him have a lock-up period. The current rise and fall of stock prices are just numbers to him and have no actual value.
On the one hand, he has now raised the money he needs through the stock market. Whether the stock price rises or falls, it does not affect this money. He even wished that the stock price would drop further, so that when the time came, he would be able to take the stock back at a cheap price.
…
??The listing of Kunpeng Real Estate has increased Xiang Nan''s net worth by more than one billion Hong Kong dollars.
?As a senior executive, Chunming also received a 4% equity incentive worth HK$280 million.
For him, this was really a huge sum of money, and it also made him very grateful to Xiang Nan.
When he was first released from prison, he had nothing but a pile of antiques and more than 700,000 yuan. Now, in just a few years, he has a net worth of over 100 million, all thanks to Xiang Nan''s support, which he is really grateful for.
“Jianjun, I really don’t know how to thank you.” Chunming said excitedly.
"Nothing else to say, just do your best in the future." Xiang Nan encouraged him.
In fact, in the years since Kunpeng Real Estate was established, although he has provided guidance from a high level, the specific work has been done by Chunming.
??Instead of saying that he helped Chunming make money, it is better to say that Chunming helped him make money.
?Chunming nodded.
(End of this chapter)