The Young Urban Doctor

Chapter 623: Chapter 623 Cooperation of Two Women
 

(Seventh Update)

Ling Ruonan’s final words caught Ouyang Feifei by surprise and gave her a bit of excitement, but they made Luo Ziling quite depressed.

Luo Ziling felt that Ling Ruonan’s attitude towards his marriage had changed. It seemed that she wasn’t fully supportive of him being with Yang Qingyin anymore; otherwise, she wouldn’t say such things in front of Ouyang Feifei.

However, he couldn’t voice his inner doubts.

Ouyang Feifei, too, chose not to say anything.

Ling Ruonan and Ouyang Feifei didn’t dwell on the topic, instead they discussed attending the medical seminar today. Ouyang Feifei took the initiative to tell Ling Ruonan about the day’s events, saying that following today’s incident, Luo Ziling’s reputation in the medical field was sure to rise.

Ling Ruonan was naturally pleased that Luo Ziling had received recognition from so many medical authorities.

Ouyang Feifei expressed her gratitude for her supportive stance towards Luo Ziling.

After chatting for a while, Ling Ruonan asked Luo Ziling to go take a bath, saying she needed to speak with Ouyang Feifei alone about some matters.

This frustrated Luo Ziling. He was being asked to avoid matters he’d rather be involved in and being sidelined from topics he wanted to engage in.

But ultimately, he obediently went to take a bath.

After Luo Ziling went upstairs to bathe, Ling Ruonan directly discussed some very important matters with Ouyang Feifei.

“The last time I received the compensation money, I decided to keep it with you; there’s no need to transfer it to me. Could you make some investments for Ziling? Purchase stocks from one of the Lingyun Group’s listed companies or consider other types of investments,” Ling Ruonan said, bringing up what she deemed important first.

Ouyang Feifei had secured a substantial compensation for Luo Ziling last time, which was so large it almost bankrupted Li Jiaqing and his son. However, Ling Ruonan had never transferred that money from Ouyang Feifei to herself.

Because the situation was complex at the time, Ling Ruonan was concerned that such a substantial amount of money moving into and out of her account might attract unwanted attention and cause troubles.

Ouyang Feifei, who had initially planned to transfer the entire amount to Ling Ruonan, had no choice but to keep the large sum in her private account.

Unexpectedly, today Ling Ruonan was asking her to manage Luo Ziling’s finances and control a vast wealth, which brought her an indescribable surprise. Yet, she sensed something unusual and whispered, “Why does Mr. Ling want to keep such a large sum with me, entrusting me with its management?”

“The Luo and Ouyang families are old friends, your grandfather and his Grandfather Luo had quite a good relationship. You now have so many collaborations, and Ziling has also invested medicine recipes and formulae into your company’s shares. The cooperation between our families will continue to strengthen. I believe that the Ouyang family’s capital operations will become more mature and achieve greater success. Starting the investments now should be a wise decision,” Ling Ruonan explained.

Hearing Ling Ruonan put it that way, Ouyang Feifei didn’t refuse and agreed readily.

“How about this, I’ll let Ziling subscribe to shares of Hongcheng Group, one of the Lingyun Group’s pre-IPO companies, at a discounted price through a private placement. With that sum, he could become one of the top ten shareholders,” Ouyang Feifei suggested, as she introduced the real estate development pre-IPO company’s details to Ling Ruonan.

Lingyun Group already had eight listed companies under its name, encompassing industries such as automobile manufacturing, pharmaceuticals, department store retail, new energy, electronics, transportation, finance, and steel. But Ling Ruonan knew that among them, the most financially robust was the Hongcheng Group, which although not yet listed, had a very good reputation in the industry.

Hongcheng Group was a subsidiary under Lingyun Group, which the latter absolutely controlled. This real estate company was also one of the large-scale enterprises in the industry. Due to its strong financials and ample cash flow, it had never been short of money, and thus, it had not pursued going public.

However, after Ouyang Feifei took over the family business, she still planned to make this company public to raise more funds for Lingyun Group, as she aimed to expand further in the business domain.

Getting Hongcheng Group listed wouldn’t be difficult, as its performance was outstanding, returning substantial dividends to its shareholders every year, making it a very excellent company.

“`

The IPO Review Committee had previously taken the initiative to extend an olive branch, hoping that they would file for an IPO. However, at that time, Ouyang Lingyun, who was still in charge of the group’s business, turned down the listing application.

After Ouyang Feifei took over the management of Lingyun Group and consolidated some assets, she planned to take Hongcheng Group public as well, aiming to increase the number of listed companies under Lingyun Group’s control to more than ten.

Currently, Hongcheng Group is preparing the IPO materials and is planning to submit the IPO application after the New Year.

Upon learning that Hongcheng Group was preparing to apply for an IPO, many consortia or corporate groups approached Ouyang Feifei, hoping to invest in Hongcheng Group. They were willing to participate in a public or private offering at a premium.

Some well-known companies were also privately purchasing shares of Hongcheng Group at a very high premium.

However, all the consortia and companies eager to share in Hongcheng Group were turned away by Ouyang Feifei.

Today, Ouyang Feifei took the initiative to suggest using Luo Ziling’s substantial compensation to participate in Hongcheng Group’s private placement at a discount, which surprised Ling Ruonan quite a bit. She was very aware that if the IPO application for Hongcheng Group were submitted, it would undoubtedly pass, as the IPO Review Committee would not be able to find any fault with it.

If the IPO application were to pass and the stock became listed after subscription, it would attract an immense amount of capital.

Currently, the stock price of Hongcheng Group at the equity exchange is eighteen yuan per share, and many investment banks or securities firms projected a target price after listing of forty to eighty yuan, and even more than one hundred yuan.

That is to say, the post-listing price recognized by everyone could at least double, and possibly even triple or quadruple.

If one owned shares of Hongcheng Group, a ten billion investment could turn into twenty or thirty billion—a massive increase in wealth!

Furthermore, subscribing at a discount would yield even greater profits.

Ling Ruonan knew that Ouyang Feifei’s offer was a proactive gesture of goodwill; its purpose was self-evident.

The current Ling Ruonan would not decline Ouyang Feifei’s overture of goodwill because the situation had changed dramatically.

The two of them, mother and son, might break with the Ling family at any moment, and she had to secure a fallback for herself and Luo Ziling.

Strengthening cooperation with the Ouyang Family was, of course, one such fallback.

Money might not be everything, but with money, many impossible things become possible, and it can even make the devil grind the mill.

Ling Ruonan, who has spent many years in the business and financial circles, certainly knew this and firmly believed it.@@novelbin@@

Power and money are the most important elements to survive in this society—at least until now, this belief has not been wrong.

Therefore, Ling Ruonan readily agreed to Ouyang Feifei’s proposal, saying that she could handle the money as she wished, as long as it ultimately ended up in Luo Ziling’s account.

Hearing Ling Ruonan’s agreement, Ouyang Feifei was naturally happy and shared her other ideas for cooperation, mainly involving pharmaceutical ventures.

“If we fully cooperate with Ziling and Grandfather Luo, I have the confidence to turn our pharmaceutical companies into the largest market-valued entities in the medical industry,” Ouyang Feifei declared her resolution, then added, “If Ziling is willing to cooperate fully, I don’t mind letting him take control.”

Ling Ruonan was shocked by Ouyang Feifei’s words.