Open business day-to-day

Chapter 493 Acquisition of Lenovo Group
At present, Lenovo Group's equity distribution is as follows. Xingkong Technology Group holds 50.08%, holding more than half of the shares, and has a controlling stake. It is the undisputed largest shareholder.

Legend Holdings holds 37.37% of the shares and is the second largest shareholder. Lao Liu controls the Lenovo Group through this company.

The management of Lenovo Group holds 1.53% of the shares; the remaining retail investors and small and medium-sized investment institutions hold the remaining 11.02% of the outstanding shares.

Facing the acquisition offer from Xingkong Technology Group, Lao Liu was in a daze for a while, and directly rejected it.

If it was someone else, Lao Liu, who has deep connections in the country and has great influence in the business world, would have already dispelled Lin Rui's idea of ​​acquiring Lenovo Group through various means.

However, in the face of Lin Rui, the world's richest man whose wealth is hundreds of times his and has huge influence all over the world, it's hard to say how useful his connections and resources will be.

He is far behind Lin Rui in terms of domestic image, domestic influence, boost to the domestic economy, and investment and contribution in high technology.

For a while, I could only bite my teeth and swallow in my stomach, while rejecting the acquisition offer from Xingkong Technology Group, while trying to find a way.

At the same time, he thought of the Chinese Academy of Sciences behind him, and wanted to raise the banner of the Chinese Academy of Sciences to prevent this acquisition.

It's a pity that Lin Rui has already done the work of the Chinese Academy of Sciences. Although they may not necessarily support the acquisition, they will not explicitly express their rejection. Generally speaking, they are silent and do not intervene.

Anyway, the Chinese Academy of Sciences has not intervened in the specific affairs of Lenovo Group for many years, and I am used to it, so this time is not bad.

……

However, even if it has the upper hand, it is not so easy to acquire and privatize Lenovo Group wholly.

Although it has a controlling stake, Legend Holdings, which holds more than 1/3 of the shares of Lenovo Group, still has great influence on Lenovo Group.

It is not easy to think of success, but it is easy to think of bad things.

Facing the unwilling Lao Liu, Lin Rui didn't bother to spend any more effort, and directly used his strength to break the trick.

Taking advantage of its controlling position, it not only re-elected Lenovo Group's board of directors, but also forcibly passed a new round of large-scale additional issuance plan.

Lenovo Group will privately issue 45% of the equity to the controlling shareholder Xingkong Technology Group at one time, financing 450 billion Hong Kong dollars.

After this round of large-scale private placement, Xingkong Technology Group's shareholding in Lenovo Group has reached a record 72.54%, directly owning an absolute controlling stake.

Legend Holdings' shareholding in Lenovo Group was directly diluted to only 20.55%, and the right to speak was greatly reduced again.

……

However, Lao Liu is still not reconciled. Who would be reconciled to the acquisition of the company he worked so hard to build?
Still working tirelessly, looking for trouble on the board of directors, and at the same time trying to prevent Lenovo Group from being privatized and delisting.

However, everything is in vain. As a very mature international financial market, Xiangjiang has countless financial means. This is a paradise for capitalists.

Among them, there is such a regulation learned from the US stock market. In order to protect the interests of small and medium shareholders, when a single major shareholder of a listed company holds more than 75% of the shares, it will be forced to start delisting.

Three days later, after absorbing 2.5% of Lenovo Group's tradable shares from the open market again, Xingkong Technology Group's shareholding in Lenovo Group reached an astonishing 75.04%, triggering the mandatory delisting conditions.

The suspension of trading began on the same day, and the forced delisting of Hong Kong stocks left countless onlookers dumbfounded.

……

After being busy for a while, before I knew it, it was late December, and Lin Rui's goal was finally achieved.

……

Facing Lenovo Group, a huge group company, this series of dazzling operations and lightning-fast acquisition speed have completely overwhelmed all domestic companies.

They found that if they replaced themselves with Lenovo, they would also be unable to escape the fate of being acquired, privatized and delisted.

It's because Lin Rui's capital is too strong and he has too many talents. If he really wants to miss you, he can always find a suitable way.

At the same time, quietly, Lin Rui's prestige also quietly stood up.

In the past, his image was that of a technology tycoon, the richest man in the world, rich and willful, but he did not show the corresponding prestige, but now he does.

There is no way, some people are afraid of power but not virtuous, and they follow this set.

Your image is too good, and your behavior is too kind, which may make people feel easy to bully.

Now, the image has been established, and the power of the boss is even stronger.

……

After Lenovo Group delisted, it absorbed all the tradable shares on the market, and Xingkong Technology Group's shareholding in Lenovo Group reached 78.6%.

At this time, Lao Liu was finally disheartened, and he talked to Lin Rui specifically, saying that he could completely give up Lenovo Group, but Lin Rui could not be thinking about Legend Holdings.

During this period of time, Lin Rui has been sending people to the Hong Kong stock open market to absorb the shares of Legend Holdings, and also sent people to contact Oceanwide Group, hoping to take over the shares of Legend Holdings held by them.

Having suffered a great loss, Lao Liu was very vigilant and noticed it instantly.Once I lost Lenovo Group, and then I lost Legend Holdings, I couldn't play at all.

Lin Rui didn't want to force people too much. He only liked Lenovo Group, which is known as Lenovo Group, which has personal computers, smart devices, and data center businesses... Lenovo Group, which has an annual revenue of 3000 billion yuan.

As for Legend Holdings, this company doesn't have many real businesses, it's more like a miscellaneous financial company, it's mainly engaged in finance, innovative consumption and services, angel investment, and venture capital. He has no interest.

Leave it to Lao Liu if he likes it, and you can't go too far in life.

Later, under the intervention of Lao Liu, Xingkong Technology Group spent 230 billion yuan to take back all the remaining shares of Lenovo Group at a premium, so as to prevent Lao Liu and the Chinese Academy of Sciences from suffering.

Since then, Lenovo Group has completely become a wholly-owned subsidiary of Xingkong Technology Group.

Next, Lin Rui plans to gradually integrate Lenovo Group, which has more than 6 employees, into Xingkong Technology.

Lenovo Group's existing major businesses will also be fully integrated with Xingkong Technology Group, and the existing research and development institutions will be directly merged into Xingkong Research Institute.

It was ridiculed that Lenovo Group, which has no core technology, is just an assembly plant, and it will slowly change next.

Xingkong Research Institute will use its strong technology and R&D capabilities to transform and reshape the entire Lenovo Group in all aspects, and build it into a world-class technology company with core technology.

At the same time, Lenovo Group also uses its own strong channel resources to promote the origin computer operating system on the PC side.

Lenovo Group, which has just raised 450 billion Hong Kong dollars and holds a huge amount of cash, has begun to extend its tentacles to the core component manufacturing industry of PCs, reshaping the upstream and downstream industrial chains.

Time is passing by slowly, [-] has just passed by so slowly!
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(End of this chapter)