Wolf of Xiangjiang

Chapter 67, Picture 067 [Taking fire from under the cauldron]

Monday, April 12th.

"jingle bell. jingle bell"

The phone on his desk rang, and Lin Zhengjie picked it up.

"Hey, Lin Sheng? I'm Chen Weizhong!"

"Manager Chen, I am Lin Zhengjie."

This was the first time Chen Weizhong called Lin Zhengjie's office. Lin Zhengjie seemed to have some premonition and his tone was very serious.

"The chairman is planning to sell the shares of Qingzhou Yingni to Cheung Kong Group."

"Okay, please tell me. This news is very useful to me. By the way, can you accompany me to meet Director He and Director Guo?"

"Okay, can I invite them?"

"No problem, let's meet at the New World Hotel tomorrow night!"

"Ok"

After hanging up the phone, Lin Zhengjie showed a solemn expression.

He didn't expect that he was stabbed in the back.

Huang Qisong actually agreed to Li Jiacheng to sell 10.2% of Yiren Real Estate's equity in Qingzhou Yingni to Changshi.

Then, he should think about how to face it next.

Soon, Lin Zhengjie smiled because he thought Huang Qisong was too stupid.

For a good company like Qingzhou Yingni, with the increase in land value and the increase in demand for cement, the market value is expected to reach 15 billion next year, doubling again. Moreover, Li Jiacheng finally owns 25% of the shares and will continue to increase his holdings, which will inevitably lead to a sharp increase in market value.

(PS: In fact, the market value of Jingzhou Yingni at the end of 1979 was as high as 17 billion, more than doubled)
Therefore, Lin Zhengjie does not need to worry about the depreciation of the equity held by Tai'an Development; at the same time, Tai'an Company does not need to consider the issue of loans, because the rent of the Tiehang Building is enough to pay the interest, and the value of the Tiehang Building and the rent will also increase.

Lin Zhengjie now holds 42% of Yiren Real Estate's equity and is a well-deserved major shareholder. By doing this, Huang Qisong provided Lin Zhengjie with a reason - a reason to control Yiren Real Estate.

Thinking of this, Lin Zhengjie decided not to stop Huang Qisong and Li Jiacheng from signing the contract (actually he could stop it, he just needed to convene the board of directors immediately).

Subsequently.

Lin Zhengjie came to the office of Asia Securities.

"Yawen, give me a lot of money to buy Yiren Real Estate's shares and try to get 1.8 Hong Kong dollars per share!"

During this period, with the absorption of Taifu Development, the share price of Yiren Real Estate also rebounded to more than HK$1.5 per share. Unexpectedly, Huang Qisong and his son were too slow to react and did not notice the abnormality in Yiren Real Estate's stock price.

In this case, Taifu Development increased its stake to 42% (3630 million shares), which is equivalent to an increase of about 14%.

The average price of this 14% is HK$1.33 per share, which is almost HK$1600 million.

Ma Yawen said: "You have more than 1200 million Hong Kong dollars left in Taifu. Are you sure you want to continue to absorb it?"

Lin Zhengjie said: "Well, Taifu has no debts, so what are you worried about!"

"Okay, I'll make arrangements right away!"

"Wait a minute, please let the notice go and let all the brokers work hard to promote the stock of Jingzhou Yingni. The reason is: there are big Chinese investors who are already buying this stock and are preparing to control it. They need to absorb at least 40% of the equity from the market."

Ma Yawen understood that what Lin Zhengjie did was to push up the stock price of Qingzhou Yingni.

"Okay, I'll go tell everyone!"

On the evening of the next day, Huang Qisong and his son, on behalf of Yiren Real Estate, formally signed an equity transfer agreement with Li Jiacheng and his entourage from Changshi Group at the law firm.

In fact, for such a major transaction, Huang Qisong should convene the directors to discuss it together before making a decision.

But it is obvious that Huang Qisong does not understand this truth.

Of course, his doing this is also related to his always domineering attitude in Yiren Real Estate, plus there will be no legal risks.

"Happy cooperation. Here is a check for HKD 8510 million. Huang Sheng can go to the bank to transfer the money at any time!" Li Jiacheng smiled and presented the check.

"It's a pleasure to cooperate. Li Sheng is really refreshing. No wonder the business is getting bigger and bigger." Huang Qisong said with admiration.

Both of them are from Chaoshan and are considered acquaintances.

Li Jiacheng believed that it was better to hand the check to Huang Qisong than to Lin Zhengjie.

At this time, he already owned 25.5% of the shares of Jingzhou Yingni, and he could already join the board of directors. There was no need to rush the next issue of increasing his holdings.

Of course, he also understands that there is still room for the stock price of Yingzhou Yingni to rise. At this time, he is actually buying the stock price of Yingzhou Yingni at a cheap price.

"Huang Sheng, I have a question!"

"Li Sheng, please tell me," "When did your company absorb the stocks of Qingzhou Yingni, and why did it absorb the shares of Tai'an Development one after another? Could it be that the young man named Lin Zhengjie suggested it?"

Huang Qisong's eyes couldn't help but jump at this time, always feeling that something was about to happen.

However, he calmed down and said with a smile: "Yes, it did come from Director Lin's suggestion. We have started to adopt it since September! Originally, Director Lin said that he wanted to invest in Yingzhou Yingni for a long time, but now that there are good returns, Why not sell it?”

Li Jiacheng nodded on the surface, but was surprised in his heart. He knew Lin Zhengjie. He was also involved in the Wharf speculation, and now he was involved in the Yingni speculation. His vision was as good as his own.

The only difference between the two is that Lin Zhengjie is not strong enough, otherwise he would really have a strong competitor.

That night.

Cheung Kong Group and Yiren Real Estate jointly held a press conference and announced the news at the same time:
Cheung Kong Group stated that it already holds 25% of the equity of Qingzhou Yingni;

Yiren Real Estate stated that it sold its 10.2% stake in Qingzhou Yingni and obtained a net profit of 3500 million yuan.

At the press conference, Huang Qisong was high-spirited. He did not look like a sixty-year-old man at all, but more like a new 'stock god' in the stock market. He spoke conclusively, claiming that his original intention of investing in Yingzhou Yingni was to be optimistic about the long-term development of Yingzhou Yingni. But now that someone is willing to pay a high price, he hands over the chips in his hand.

A reporter asked: "Huang Sheng, Yiren Real Estate has been developing slowly in the past few years. But in recent months, acquisitions have been frequent, and the stock price has risen to HK$1.91 today. Excuse me, is it because of you? Have you found a good military advisor?"

Huang Qisong's eyelids twitched and then said: "The company did introduce a young director, but he is only responsible for the publishing industry. After all, that is his specialty!"

Reporters are not so easy to fool, so the reporter added: "It is said that this director has speculated on 'Jane's Villa' and made a huge profit of 4000 million Hong Kong dollars in just one month; he also purchased the Railway Building in Central. He is very good at it. invest!"

The implication is that the changes in Yiren Real Estate are not due to others?

Huang Qisong suddenly lost his composure and said angrily: "That's another company of his. What does it have to do with this press conference? Do you want to ask questions?"

The reporter shook his head and sat down. The reporters present shook their heads, obviously supporting his colleagues.

In a private room at the New World Hotel.

Lin Zhengjie invited several directors of Yiren Real Estate to have dinner together. The person accompanying him was none other than Huang Qisong's "right-hand man" Chen Weizhong.

In Chen Weizhong's view, there is no future in following Huang Qisong. If he cannot choose, he would rather resign. So after Lin Zhengjie expressed his opinion, he immediately switched sides.

A total of four directors came to participate today, and they all hold certain shares of Yiren Real Estate. Of course, the total is only about 5% to 8%.

"He Sheng, Guo Sheng. Thank you for coming to my little brother's banquet!"

"If you are invited by a young hero like Lin Sheng, we will definitely come. Listening to the great things you have done in the business world this year has put many senior businessmen to shame."

"Haha, it's all luck and the support of my partners!"

After being polite, everyone sat down at the table.

Let's chat for a while first. Although Lin Zhengjie has met with everyone in board meetings several times, they are just acquaintances.

During the dinner, Lin Zhengjie got down to business: "I invite you all here today because I want to announce the news that my subsidiary Taifu Development already holds 43.5% of the equity of Yiren Real Estate."

As soon as he finished speaking, everyone present was stunned, with incredible expressions on their faces.

Chen Weizhong, who was accompanying him, couldn't help but feel excited. He made the right choice!
Because in this way, Lin Zhengjie is already the major shareholder of Yiren Real Estate, so he only needs to pass the board of directors to officially take over as the chairman of the board of directors and control Yiren Real Estate.

Even if the board of directors does not approve it, it can still be passed by the shareholders' meeting, and you can still take power.

In short, the 'major shareholder' should be in power, unless the opponent initiates a 'counter-takeover'.

Director He was the first to react and said, "What Lin Sheng means today is that he hopes we will support you in taking charge of Yiren Real Estate?"

Lin Zhengjie nodded unabashedly and said: "Actually, I don't want to confront Huang Weng, but this time he handled the stock of Qingzhou Yingni. He is very sorry for me. This investment was proposed by me, and Huang Weng also agreed to cooperate with me." My Tai'an development progressed and retreated together, but he betrayed me. Everyone said, should I fight back bravely? "

Director He and others nodded. Morally speaking, since Lin Zhengjie has the strength and reason, of course he can fight back.

Director Guo said: "It's just that we have been friends with Lao Huang for many years."

Lin Zhengjie smiled, these people were just asking for more promises!
"Everyone, it's true that you and Huang Weng have been friends for many years, but have you got any benefits from Yiren Real Estate over the years? As far as I know, Huang Weng has always been very arbitrary in all matters of the company. And since I joined After Yiren Real Estate, the stock price has now more than doubled. And everyone has heard some of my deeds. I believe that I am more suitable to take charge of Yiren Real Estate than Huang Weng, right?"

The four of them looked at each other and then expressed their opinions.

"Lin Sheng, since you are the major shareholder, we should support you."

"I hope Lin Sheng will lead Yiren to buy real estate and continue to expand new territories!"

Dissatisfaction with Huang Qisong's ability and domineering is one of them;

Being optimistic about Lin Zhengjie’s ability is the second one;

The matter has become a foregone conclusion, which is the third one.

In this case, why don't they follow the trend and take Lin Zhengjie's lead?
You know, they know that the prominent shareholders of Tai'an Development have made a lot of money following Lin Zhengjie.

But now, when it's their turn to choose, they naturally don't need to question too much.

Talking about business!
(End of this chapter)