This bastard is sitting pretty, at worst he might just forfeit his shares, but without making this money, the little brat still controls a 7.5 billion fund, ready to make big bucks in the market whenever he wants.

MLGBD!

When you talked about collaboration, you swore up and down, painting a pretty picture, and now that I have the shares, you’re casually playing the good guy...

Messing with me?!

Using me like a sucker?!

Gao Diaomao has every reason to suspect that Han Lie actually wants him to hand over everything with one click, entrusting the entire project out, so he can scrape another piece for himself.

He’s so mad his lungs hurt.

But the angrier he is, the more convinced he becomes that Han Lie definitely has a way to manage financing with minimal cost.

All he needs to do now is... to coax that method out!

Gao Diaomao suddenly has a thought, intentionally puts on a conflicted look, hesitantly asks: "Mr. Han, I remember you mentioned a method before about slicing up retail investors... Can’t that work?"

Han Lie frowns and responds somewhat coldly: "It can work, but there are policy risks and reputation impacts. My private equity firm needs to maintain its goodwill, can’t participate."

Gao Diaomao’s eyes suddenly twinkle, flattering him: "Come on, tell me!"

Afraid that Han Lie might not share, he immediately adds: "If it’s easy to execute, I can handle it myself, but benefits will still be rewarded to you! Rest assured, third-party credit enhancement can only be handled by you, old Gao knows your worth!"

Han Lie’s furrowed brows finally relax, and he replies with a teasing smile: "Alright, let’s just chat casually, I’ll tell you."

"Great, great, great!"

Gao Diaomao is overjoyed, ears perked up.

"If you want to cut retail investors in such projects, the first step is to find a partner with strong sales capabilities.

They need to have the ability to sell shares and possess grassroots channels.

Once you find that person, the next is to collaborate on tasks.

The second step, you need to settle with the appraisal agency, get the site valued at about 2 billion.

Step three, let the partner package the entire project, not just a regular ABS. Specifically, it depends on what your site is suitable for.

If it’s suitable for apartments, then create a REITs with rental and property fees as income sources.

If it’s suitable for office buildings, then go for a mortgage type, no need to be a residential project.

In short, be flexible. The potential income from the project itself is not important; what’s important is telling an enticing story.

The fourth step, credit enhancement.

This is the hardest part, you must have a large state-owned enterprise provide third-party guarantee to alleviate buyers’ concerns.

You don’t need to worry about this; since I hold your shares, I will naturally help you sort it out.

Step five, sales.

Just like the lecture I did last time, your partner needs to get the roadshow right.

A minimum investment of one million per individual, they must secure at least one thousand investors to sell 2 billion worth.

Those capable of achieving this are either major banks or large brokerages.

Step six, find a trustworthy custodian.

The custodian bank is crucial, if relations aren’t good, and they don’t let you touch the special account funds, it’s quite troublesome.

Step seven, repayment or bankruptcy.

Repayment needn’t be mentioned, borrowing to lay eggs, making tough money, erasing the risks of previously illegal operations.

Bankruptcy I don’t quite recommend, as it requires advance asset transfer, and if things go wrong, you’ll end up behind bars.

Unless the project interest rate is raised, and the guarantor doesn’t provide full protection, using high interest rates to lure suckers, don’t screw over the state-owned enterprise brother.

Or simply discuss with the guarantor’s supervisor... Can’t go into details.

Indeed, some particularly capable players will pull off fancy operations like insolvency leading to bankruptcy, since the funders aren’t state-owned enterprises, but retail investors, so they basically have to suck it up.

Then, the guarantor or the bank, as higher-priority creditors, will bundle the company’s remaining assets into non-performing asset packages for sale externally.

At this time, you use a shell company to buy back the broken company and the broken project, for secondary development.

The debts are gone, the past is wiped clean, but the project is still yours, and you can start a second round with a different skin...

Ahem!

Got carried away talking, talked too much!

Anyway, the thought process for slicing up retail investors is pretty much the same, the key is how to extricate oneself, in this regard I only know a few cases, haven’t really experienced it, just paper talks, listen and move on..."

Gao Diaomao’s eyes gleam as he thinks: You call this paper talks? The idea is incredibly damned lucid!

Mr. Han, this is exactly what I want to learn!

In reality, the only true technical skill involved in the entire process is how to package the project, everything else is just dealing with people.

So, unsurprisingly, Gao Diaomao is extremely tempted.

’I’m so damn good at this stuff!’

He slaps his thigh, leaving a red handprint on his pale flesh, so hard...

"Mr. Han, let’s go with this plan!"

Han Lie gives him a half-smile glance, his voice casually indifferent: "You’re free to do as you please. But I’m not involved in the project, I’m only responsible for helping you with credit enhancement. As for my shares... not a single one less."

"How could it be?!"

Gao Diaomao laughs exaggeratedly: "Who dares to dispute your claims? Dinner with President Qiu tonight, right? Tomorrow we’ll handle the paperwork and register the shares under your name!"

Even though Han Lie does just a tiny bit of work, taking a whopping 20% of the shares, Gao Diaomao obviously frets.

But thinking about how he could eventually renege on the debt... he doesn’t feel bad anymore.

After all, it’s a business with no capital, what’s there to be afraid of!

Spent just over 3 billion to get shares, will scam 20 billion with 10 billion as personal gain, making a killing.

Without Han Lie, could this succeed?

No way!

Since so, then it’s what the brat deserves.

Moreover, if he wants to pull off a second or third wave in the future, he definitely needs the brat to step in.

Gao Diaomao knows full well he doesn’t have the ability or face to completely close the loop.

As for risks... What doesn’t come with risks?

With profits of over ten times, just do it!

Thus, with a grand pitch, Han Lie thoroughly hoodwinked Gao Diaomao...

Greed is the chief among incurable sins.