NOVPUB
Chapter 93: Chapter 93 The Shepherd in Pursuit of Gain
"Mr. Chen, I heard that the underwriting rules have changed this time?"
Chen Cheng walked toward the final tee-off point alongside Chen Jin.
Two beauties held up parasols behind them, shielding them from the last bit of sweltering heat before sunset.
Linkedin Fund is a well-known domestic private equity fund management organization, specializing in providing diversified investment solutions for high-net-worth investors.
Chen Jin, as the Chairman of LinkedIn Fund, has always been famed in the industry for his precise investment vision and aggressive investment strategies.
A graduate of the School of Economics and Management, he is a typical academic.
And he was an idol of Chen Cheng during his student days.
The most famous case was his debt-to-equity operation for the only large-scale independent regional airline in the country.
At that time, the airline had been losing money for three consecutive years, with cumulative losses amounting to 3.052 billion yuan.
Most investors were extremely disappointed in it and sold off the company’s bonds and stocks en masse.
However, Chen Jin made a surprisingly bold investment decision.
After a careful study of the company’s asset status and market prospects, he believed that the company’s losses were due to overall management control and the rise in international oil prices, not having much to do with the airline itself.
Moreover, considering the number of planes, route distribution, and brand effect, as long as they could pull through this period, the opportunity to buy low and sell high would eventually come.
Thus, he made a large purchase of the airline’s bonds and some equity, using bridge financing, borrowing, leveraged collateral, and repeated pledging for cash, starting with a principal of 230 million yuan and eventually successfully cashing out nearly 3 billion yuan.
At that time, this was seen as a "crazy" bet, with many people thinking he was risking his own reputation.
But Chen Jin converted the debt into equity, consolidated it into packages to maximize sharing in the company’s subsequent growth dividends.
At the same time, Chen Jin exited at the right moment. In the end, the previous investment had nearly quintupled in profits!
His "airline debt-to-equity" move also earned him the nickname "Golden Scholar."
Facing his former role model, Chen Cheng was neither humble nor arrogant, "Under the premise of equal conditions, it’s to maintain our respective deserved interests."
"Mr. Chen is very generous in his dealings," Chen Jin said with a smile: "This provides a fair competition opportunity for institutions like ours."
"Those with strength will naturally seize the opportunity, while those lacking strength can only watch from the sidelines."
He continued: "But nevertheless, this is all part of the market dynamics."
The calm tone delivered words of harsh reality, making Chen Cheng finally understand why Wen Shulin was worried about him.
Liu Zhiya had already set up the ball for Chen Cheng, and with a smooth swing, the ball headed straight for the hole.
"Nice shot!"
Chen Jin was quite supportive, even though it was already Chen Cheng’s 95th stroke.
"Chairman, you are joking."
Chen Jin waved his hand, "Ah, you have plenty of time, and after all, this market will eventually belong to the young people like you."
Chen Cheng gazed into the distance at the majestic Great Wall, which glimmered in the afterglow of the setting sun.
This ancient and once great structure has witnessed the rise and fall of this land over thousands of years.
And, like the Great Wall, the capital market is also an endless battlefield.
Chen Jin saw the boundless ambition in Chen Cheng and said with profound meaning:
"We are all shepherds of the market, in this arena built of countless rules, where we chase after profits and appreciate the ever-changing dynamics."
"And in the end, the market will grant us the status and position we deserve, based solely on our own strength and courage."
He smiled and extended his hand: "LinkedIn will certainly offer Mr. Chen a satisfactory price. And with that, my new friend, our relationship starts from this very moment."
Chen Cheng clasped his hand in return, "I await the good news."
...
In the end, Chen Cheng’s score ranked him in the midfield among the eight players.
And Wen Shulin did not deceive him, around ninety strokes, that was adequate.
Sitting in the large private room of the club, Chen Cheng finally saw the two others who had not shown their faces all day.
They were Ruan Shuxiong from Banxia Investment and Quan Ge from Tianyan Assets.
The management scale of these two companies was over 30 billion each, also ranking among the top performance institutions in the Yangtze River Delta region.
Now, sitting around the round table, the ten people kindled a scene reminiscent of a martial arts summit showdown.
Wen Shulin continued to introduce Chen Cheng to the two newcomers.
After a whole day of interaction, Chen Cheng, the "newcomer", had already left an indelible impression in everyone’s minds.
"Gentlemen, today is our monthly gathering," Wen Shulin said with a smile, holding up his red wine glass: "Next time, we will be heading to the Magic City to join President Li’s gathering."
Li Bo: "No problem!"
He looked towards Ruan Shuxiong and Quan Ge, "Lao Ruan, Lao Quan, that’s your territory! You’ll have to show me around once we get there!"
Ruan Shuxiong: "Old Li is joking again! Who doesn’t know that before you even arrive, everything at home is already well-prepared?"
Quan Ge also teased: "This time, did you trick a young lady with a Porsche again?"
"Hey, we’re all friends, don’t expose my shortcomings~!" Li Bo said repeatedly: "I wouldn’t call it tricking, it’s just exchanging items of equal value for an equivalent romantic experience!"
"Hahaha..."
"You men are really no good!" Wen Shulin laughed and scolded, then looked at Chen Cheng, "If you ask me, Mr. Chen is your role model! He never deceives the feelings of girls!"
The other eight men turned their gaze towards Chen Cheng.
Wang Xinan: "If I had Mr. Chen’s charm, would I need to spend money?"
"No, no, no, it’s not enough just to have charm! The most important thing is to have courage!"
Zhou Xiansheng took over the conversation, "Lao Li, do you remember? When that girl pushed the cards out, Mr. Chen didn’t even blink an eye."
Li Bo gave a thumbs up, still feeling thrilled upon recalling that moment: "Yeah, I was sweating bullets then."
Chen Cheng became the center of the conversation.
Hearing the praises from everyone, a faint smile graced his lips.
"Thank you for your hospitality, Miss Wen." Chen Cheng also raised his glass, "I’m really happy to have met so many friends today."
"Here’s to Mr. Chen!" Wen Shulin suggested.
Nine glasses were neatly aimed at Chen Cheng, as a sense of achievement he had never felt before welled up inside him.
"Cheers."
After three rounds of drinks.
Li Bo curiously asked, "Chairman Wen, what is the gift Mr. Chen won from the card game? We’re wondering if we could also get a glimpse of it?"
Upon mentioning this, Chen Cheng also became curious.
Wen Shulin gave a mysterious smile, "As for the gift, naturally, it should keep its mystery. But rest assured, everyone present will have the chance to see its true form."
Her gaze drifted towards Chen Cheng, "As for whether Mr. Chen can get it, that will depend on his charm and courage."
"Mr. Chen, go for it! Let’s see what new tricks Chairman Wen has up her sleeve!" Wang Xinan said with a laugh.
The whole private room was filled with laughter and joyful chatter.
Chen Cheng realized that, as long as it didn’t involve their own interests, this group of people could indeed call each other brothers.
