Longhua Chronicle

The developer of the Longhuahui commercial building next to Longhua North Station in Shenzhen ran away. Debts of hundreds of millions and more than 30 merchants with 3.78 Million in rental deposits were suspended. Low-price long-term leases and supplementary price adjustment agreements formed an intractable deadlock. Zhao Ning, the person in charge of asset disposal, abandoned the traditional model of direct foreclosure, splitting, and capital harvesting, and built a three-tier bailout structure of state-owned assets priority, industrial mezzanine, and merchant priority. He traveled to courts, financial institutions, and state-owned assets platforms to withstand strong pressure from private capital, safeguard asset integrity in judicial bidding, and introduced special state-owned funds to settle large mortgage debts at one time and pay merchant deposits in full; he introduced rail industry capital to be responsible for the renovation of the business district and customer flow operations, and only collected fixed service income; he united all merchants to establish an equity community to take control of the business. The project relies on the Shenzhen-Dongguan intercity rail dividend to complete the comprehensive upgrade of the business district. The entire set of revitalization plans that balance finance, capital and people's livelihood have become a standardized model for the area. The story is based on asset games and market fireworks, and combines financial and business logic with the warmth of ordinary people's lives. This novel and its characters are purely fictitious. Any similarity is purely coincidental and should not be imitated.