Chapter 360: Acquiring Longyu Properties (2)
Chapter 360: Acquiring Longyu Properties (2)
Su Heyuan first invited his friend out for a meal, and then his friend organized a dinner gathering, which also included the boss of Longyu Properties. The owner of Longyu Properties was very firm in his asking price of 100 million yuan, and he was not willing to negotiate any lower.
"That's acceptable," Su Heming said with a smile. "Are you sure? It's one hundred million, not ten million."
Lu Jiaxin smiled and said, "My hearing is just fine, thank you. I can certainly tell the difference between one hundred million and ten million."
"In that case, I'll make the necessary arrangements," Su Heming replied.
After finalizing the deal, Lu Jiaxin called Yan Yihua and informed him about signing a letter of intent the next day. She generally preferred to keep her associates separate from Nie Zhenzhen, but Yan Yihua was a professional, and he never disclosed her matters to anyone else. For now, he was the best lawyer she could rely on.
Yan Yihua had already heard rumors about the deal but was surprised at how quickly it was progressing. "Boss, are you available now? I'd like to come and see you."
"Sure," Lu Jiaxin agreed.
After reviewing all the materials, Yan Yihua's brow furrowed. Although he would earn a service fee of several hundred thousand yuan from this deal, he still expressed his concern to Lu Jiaxin that the price was too high.
Lu Jiaxin smiled and said, "I'm aware that their company's net assets are less than 80 million yuan, and offering 100 million yuan is a premium of over 20%. With the current real estate market booming and property values rising, it's natural for them to expect a premium for their quality assets."
Yan Yihua hesitated and asked, "Miss Lu, have you discussed this with Young Master Nie?"
Lu Jiaxin shook her head. "I don't see the need to consult him. If you feel it's too difficult, I can find someone else to handle it."
After all, the office buildings and high-end apartments were all quality properties, so there was no need to involve Nie Zhenzhen. If it had been any other type of investment, she would have sought his advice.
Hearing this, Yan Yihua didn't press the issue further.
The next day, Su Heyuan accompanied Lu Jiaxin to meet with the owner of Longyu Properties, Mr. Li. Upon seeing Lu Jiaxin, Mr. Li was quite surprised. "So it's Miss Lu who wants to acquire my company!"
His words were strange, as if he knew her, but Lu Jiaxin had no recollection of ever meeting him before.
Mr. Li quickly clarified, "I'm a fan of Ms. Gu's dancing. Her graceful and captivating dances captivated countless people back in the day."
He loved dancing, and he had once attended a gathering where he saw Gu Xiuxiu dancing with someone. He had been instantly captivated by her performance. However, his admiration was solely for Gu Xiuxiu's dancing skills, and he had no other intentions.
Lu Jiaxin offered a sincere smile and said, "If my auntie heard that, she would be very happy."
Mr. Li praised, "Miss Lu, it's a blessing for Ms. Gu to have a granddaughter like you."
As a fan of Gu Xiuxiu's dancing, he paid more attention to her than most people. He disapproved of He Zhuliang's actions in occupying Gu Xiuxiu's property and not taking good care of her. However, as an outsider, he had no right to interfere in Ms. Gu's affairs. Nonetheless, he was pleased to hear that Lu Jiaxin had moved her from the He family's old house back to her previous villa.
Lu Jiaxin humbly said, "My aunt has been very good to me, and now that I have the capability, it's only right that I take care of her in her later years."
Although Lu Jiaxin felt that the price was a bargain, she still had to negotiate and act like it was too high.
Mr. Li smiled and said, "Miss Lu, my bottom line is 95 million yuan. I can't go any lower than that."
"Miss Lu, if it were anyone else, I wouldn't budge at all. But because you are Ms. Gu's granddaughter... I hope you will allow Ms. Gu to enjoy her remaining years in peace."
Lu Jiaxin was surprised to find that she had inadvertently benefited from her aunt's reputation. She smiled and said, "Since Mr. Li is so straightforward, I won't haggle anymore. Let's consider it a deal then.
"As for my aunt, I can assure you that her standard of living will definitely be the same as it was before she fell ill."
After signing the letter of intent, lawyers and auditors moved into Longyu Properties.
Once the acquisition was complete, there was a major shake-up in Longyu's management. Lu Jiaxin promoted the former deputy general manager, Tan Gang, to the position of general manager, and brought in He Bin as the new deputy general manager. Despite his many years of experience in the industry, He Bin was unfamiliar with Longyu's business operations, so this position was a perfect fit for him.
With these changes, two-thirds of the company's managers and directors were dismissed, and only one-third remained. Advertisements were then posted to recruit new talent for the vacant positions.
Su Heyuan was stunned by Lu Jiaxin's bold moves: "Jiaxin, if we weren't so close, I would have thought you had experience running a company!"
Such a large-scale layoff could easily cause chaos, but Lu Jiaxin had retained the backbone of Longyu Properties, letting go of those who were either slacking off or relying solely on connections. As a result, despite the sudden reduction in staff, the company continued to operate smoothly.
Lu Jiaxin smiled and said, "I may not have eaten pork, but I've seen pigs run. The main business of the company I acquired is rent collection, which doesn't require a large number of people. With labor costs so high these days, I'm not going to keep idle employees on the payroll."
Though she had just taken over the company, her actions, from the large-scale layoffs to the implementation of new rules and regulations, didn't reflect that of a newcomer to the business world.
Lu Jiaxin had a ready-made excuse, "I often discuss this kind of thing with Nie Zhenzhen, and I have a lot of theoretical knowledge, so it's easy to put it into practice."
Thinking of Nie Zhenzhen's capabilities, Su Heyuan dropped the subject, "An eighteen-year-old self-made billionaire, if this gets out, it will definitely cause a sensation."
Lu Jiaxin smiled faintly, "On the contrary, the Hong Kong media will probably write a feature story about how Nie Zhenzhen spoils his girlfriend, giving her capital and teaching her how to do business, turning me into a billionaire at such a young age. With a fairy tale boyfriend like that, he's sure to become even more popular."
Given the nature of the Hong Kong media, they would indeed write something like that. They wouldn't believe that Lu Jiaxin was truly self-made, as that would slap the faces of the rich heirs and heiresses of Hong Kong. However, Nie Zhenzhen's capabilities were well-known, so it was more acceptable to attribute her success to him.
"Even though you achieved all this through your own hard work, it will be portrayed as if you relied on a man. Doesn't that make you uncomfortable?" asked Su Heyuan.
Lu Jiaxin laughed, "Aside from attracting more attention to Nie Zhenzhen, I don't see any other loss. Why would I be uncomfortable?"
On the contrary, having Nie Zhenzhen as a shield helped her avoid a lot of trouble.
Su Heyuan thought about it and agreed, but seeing her calm expression, he asked, "Then you're not worried that Nie Zhenzhen will fall in love with someone else?"
Lu Jiaxin was direct in her response, "It's understandable for others to ask that question because they don't know the truth. But you know that I made my money myself, so why would you worry about Nie Zhenzhen falling in love with someone else?"
"I'm young and beautiful, and I have a lot of money. If Nie Zhenzhen falls in love with someone else, we'll break up! There are plenty of handsome men in the world, you don't think I'll hang myself on this one tree, do you?"
Su Heyuan did have this worry. After all, first loves were the most beautiful and unforgettable, "Jiaxin, it's good that you can think this way."
Lu Jiaxin took the opportunity to ask, "Are you still unable to forget Ye Xin?"
"No."
Lu Jiaxin sighed inwardly. His quick response actually made her more suspicious.
(End of Chapter)
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