Chapter 91: Chapter 91

Chapter 91: Three Men Discuss Private Equity

Monday morning, 9:30 AM.

Teli A opened with a 6.55% rise, trading at 34.25 yuan per share.

Lu Liang called over Wen Chao to set up a broker sub-account exclusive to institutions for him. “Sell 10–30 lots per trade until I tell you to stop,” he instructed.

The institutional account still held 22,577 lots. If sold at the current price, it could generate 77.32 million yuan in cash.

After two days of deliberation, Lu Liang decided to transfer his position. He had already made substantial profits from this stock over two consecutive waves. The market thrives on balance, and since the Wen Zhou Gang was willing to show goodwill, he had to reciprocate.

“Mr. Lu, are you asking me to execute the trades for you?” Wen Chao, usually calm and composed, was momentarily stunned.

“You don’t know how? Should I teach you?” Lu Liang asked, surprised. How could a Fudan University finance graduate not know how to trade? Hadn’t they used simulation trading in school?

Wen Chao’s face turned red as he quickly explained, “Mr. Lu, I do know how. It’s just that I’m…”

“That spoiled brat Wang Xiaocong? Why bother including him?” Meng sneered. If not for Wang’s wealthy father, Meng joked he’d have made sure the boy wasn’t even born.

Lu Liang chuckled. “Precisely because his dad is the renowned Wang, last year’s richest Chinese and chairman of Wanda Group. That alone makes him worth including.”

Real estate is deeply tied to the domestic economy. For Wang’s father to achieve the status of the richest Chinese globally, he’d have mastered navigating both black and white markets, or at least come close.

Lu Liang lacked the necessary clout, and while Meng had assets in the billions, his influence was confined to the Yangtze River Delta. Only with Xiao Wang’s inclusion could their venture truly thrive.

“How do you plan to divide the equity?” Meng asked.

“Sixty percent for me, thirty for you, and ten for him,” Lu Liang replied.

“If he feels it’s too little, I’ll lower my share to twenty percent,” he added.

Meng mulled over the proposal for a long time. He was a shrewd man. Lu Liang already had a solid reputation, and the fact that Meng could secure a 30% stake was purely because of their long-standing association.

Moreover, Meng’s contributions to this collaboration were limited. Taking too large a share might draw resentment and make him a target.

Lu Liang, surprised by Meng’s thoughtful silence, added, “But for the position of deputy general manager, Lao Meng, you mustn’t refuse. Xiao Wang’s too young, and I don’t feel confident entrusting him with it.”

“You’re not taking it yourself?” Meng asked, startled.

“All I need to focus on is making money. Handling investors can be your responsibility,” Lu Liang replied, smiling.

He hadn’t forgotten his ambition to become a pioneer in domestic renewable energy. Establishing the private equity firm was a step toward securing the funds he needed.

However, to persuade investors to fund his renewable energy vision, they’d need to see some returns first.

“Well, I suppose I could help if you can’t manage it yourself,” Meng said, pretending to hesitate. Despite his modest tone, the grin he tried to suppress nearly reached his ears.

As long as Lu Liang kept generating profits, Meng’s role as deputy general manager would be more comfortable than Lu Liang’s own position.

Lu Liang laughed but didn’t call him out on it. Meng deserved every bit of this success.

Geniuses are common, but true talent scouts are rare. Lao Meng had Enjoy reading on NovelHub - your free online novel platform.

A deputy position wasn’t just a title; it was trust and recognition. Better to give it to someone like Meng, who had experience and strong interpersonal skills.

That evening, Lu Liang hosted a dinner, inviting Xiao Wang to join them. The three discussed the matter in detail.

Lao Meng, ever the master strategist, easily handled Xiao Wang. He first presented Lu Liang’s initial 60-30-10 equity split, which made Xiao Wang visibly displeased.

Then, feigning a reluctant compromise, Meng offered 10% from his share, turning it into a 60-20-20 split.

“This seems more reasonable,” Xiao Wang said, finally smiling in satisfaction.

Curious, he asked, “How much did you make in your last collaboration?”

“Not much, just a 172% return in 50 days. Turned one billion yuan into 2.72 billion,” Meng said, imitating Lu Liang’s calm tone as if describing something ordinary.

Xiao Wang was the first outsider to learn this, but he wouldn’t be the last. The achievement was both a victory and a calling card.

“What the f***? Are you even human?” Xiao Wang exclaimed, his eyes wide with disbelief.

A 172% profit in 50 days, all in cash—not inflated by startup valuations but solid liquid earnings.

And starting with a billion in cash!

Suddenly, Xiao Wang furrowed his brows. “Something doesn’t add up. Didn’t those Japanese guys say you made $60 million?”

“It was only around $6 million, and I got stuck with the blame,” Lu Liang sighed. The more he thought about it, the more aggrieved he felt.

When he had sufficient capital and the right opportunity, he’d make sure to pay them back in kind.

“I wouldn’t mind taking that kind of blame!” Xiao Wang said enviously, wishing he could trade places with Lu Liang.

If the Japanese hadn’t stirred the pot, Lu Liang wouldn’t have gained his current reputation so quickly. It would have taken at least another year and a half.

After a pause, Xiao Wang asked, “How much are you planning to raise for the first phase?”