If you cheat, money will follow

same.

Director Lei Da is having dinner at home.

After reading this piece of news, he felt dazed.

The rice in his hand, the chopsticks he held, and the rice in his mouth...he didn't make any next move for a long time.

"Zhizhong, what are you thinking about? Why don't you eat?" his wife asked.

"Oh, it's nothing. You guys can eat first. I remembered something and I have to deal with it right away." Lei Zhizhong put down the bowls and chopsticks and walked back to the room.

When he came out again, he had a briefcase in his hand.

"Why is it so important? Let's go after dinner." The wife said.

"It's very important. You should eat slowly." After Lei Zhizhong said that, he went out.

He went down to the underground parking lot, sat in the car, lit a cigarette, and after taking a deep breath, his mood stabilized a little.

He took out his cell phone and dialed a number.

"Hey, aunt, is uncle back?"

"Zhizhong, your uncle hasn't come back yet. I'm wondering why the meeting is so important and it's already been held for a week."

"One week?"

"Yeah, a week. I can't get through the phone either. It always says it's turned off."

Suddenly, Lei Zhizhong's hand holding the phone began to tremble, and his heart beat violently.

"Zhizhong, is something wrong?"

"No...it's okay, aunt, I'm just asking. Uncle may be attending some important meeting and needs to keep it a secret."

"I think so. Hey, you're so old. It's better to retire as soon as possible."

hang up the phone

Not only did Lei Zhizhong's hands tremble, but his whole body began to tremble as well.

At the same time, his eyes were red and his expression was distorted, as if he was in extreme pain.

Three days later, Lei Zhizhong was taken away by people from relevant departments at the overall work meeting.

To be precise, not taken away, but dragged away.

Because when people from the relevant departments showed their work ID cards in front of dozens of people and asked them to cooperate with the investigation...

Lei Zhizhong fell off the chair in an instant, his face was ashen, his whole body was weak, and he was like a pile of mud.

It is completely no longer as powerful and majestic as before.

What's even more interesting is that when he was dragged out of the conference room, some employees in the conference room spontaneously applauded.

The applause gradually developed from sparse to surging tide, and it did not stop for a long time.

The deputies in the front row of the conference room did not stop him. They all had the same look on their faces - relaxed.

Another week later.

The official released a short sentence: Lei Zhengyi of Tongzhou City is under investigation by the organization.

…………

The scene turns back to Tianqi Lithium Industry.

end of June.

After several months of work, Tianqi Lithium has directly or indirectly controlled 19.99% of Talison's shares through the secondary market and agreements.

At the same time, the multi-departmental cross-border investment approval roadmap is also in hand and is progressing very smoothly.

After discussing with Zhao Zhiwei, Jiang Ping and Zhao Zhiwei decided to continue to adopt the secondary market and off-site agreements to acquire Talison in a "moderate" manner without major changes.

However, June 6th.

North American mining giant Lockwood Corporation announced that it will make a tender offer for Talison at a price of 6.5 Canadian dollars per share.

The total acquisition price reached 7.24 million Canadian dollars, approximately 45 billion yuan.

On the same day, Tellison confirmed the news through external publicity.

Talison said it has signed a SIA, or acquisition agreement of arrangement, with Lockwood.

It is planned to hold a shareholders' meeting in September to review Lockwood's SIA.

On that day, Talison's share price surged 53%, closing at 6.5 Canadian dollars per share.

Tianqi’s stock price fell 7% to close at 33.64 yuan/share.

This news obviously disrupted the established rhythm of Jiang Ping and Zhao Zhiwei.

The "moderate" approach originally agreed upon by the two was no longer appropriate, and more drastic measures had to be adopted.

On June 6, Wenfield, a wholly-owned subsidiary of Tianqi Lithium, announced that it had acquired and agreed to acquire 5% of Talison's shares.

The parent company of Tianqi Lithium, Tianqi Group, announced that it will join the acquisition of Talison Company to compete with Lockwood Company.

On that day, Talison's share price rose 7.91% to 6.91 Canadian dollars.

Tianqi Lithium Industry's stock price hit the daily limit, closing at 37.4 yuan/share.

In the stock bar, the always deserted Tianqi Lithium Industry sector has also become lively.

"Major good news! If Tianqi successfully acquires it, it will open up the upstream and downstream chains and ensure the company's long-term supply of raw materials."

"A multinational enterprise is about to emerge."

"Once Tianqi Lithium successfully acquires Talison, it will further consolidate upstream and downstream resource development, stabilize midstream lithium battery material processing, and have sufficient say in downstream power battery companies. Although the downstream power lithium battery technology route has not yet been clear, no matter which technology Routes require lithium carbonate.”

"For sure, now is a great time to buy."

"Sales of power lithium batteries will skyrocket under policy stimulus. I firmly believe that within a few years, we will usher in a new era of new energy vehicles."

"Don't be blindly optimistic. I think there is a high probability that it will fail. First of all, the competitors are very strong. Lockwood's assets are 25 times that of Tianqi Lithium, and its revenue is 37.5 times;"

"Secondly, cross-border acquisitions involve the laws of different countries and are very risky. They require approval from the Australian Foreign Investment Management Committee, the Securities and Investments Commission, the courts and other departments;"

“The final acquisition requires approval by more than 75% of the votes of Talison’s shareholders’ meeting, and Tianqi Lithium’s own shares will not be approved. Therefore, the risk is very high!”

"What you said above is right. Just one FIRB (Overseas Investment Review Board) has caused many domestic companies to suffer losses!"

"I sold it yesterday and it will hit the daily limit today, but I am not in pain. Because although Tianqi Lithium's fundamentals are good, its performance is too poor. Buy now and be prepared to hold on."

"I finally understand the reason why Tianqi Lithium transferred its shares to Babud Company at the beginning of the year. It turned out to be to raise funds. So the question is, which company does Babud belong to?"

"Be optimistic about the future, don't be optimistic about the present, bye bye!"

No matter how noisy the outside world is, acquisitions are continuing.

On June 6, Talison announced that it had received a non-binding conditional acquisition plan from Tianqi Group, the holding company of Wenfield Company - the plan would be to sell the shares of Talison it does not own at 12 per share. Prices are in Canadian dollars across the board for acquisitions.

This price represents a 10% premium over Lockwood's plan.

Now the ball is back in Lockwood's court.

Surprisingly, Lockwood did not participate in what should have been a fierce bidding game.

On June 6, Lockwood confirmed that its acquisition plan of 13 Canadian dollars per share is reasonable, and it is also the best and final plan!

The best and final solution means that Lockwood Company will not increase the price!

At this point, Tianqi Group seems to have the initiative.

Of course, there is another biggest obstacle here - FIRB, the Australian Foreign Investment Board.

This institution has always played a negative role in helping domestic companies acquire minerals in Australia.

In the past ten years or so in China, several large-scale mineral acquisition cases have been denied by FIRB and ultimately failed.

Tianqi Lithium's acquisition this time is aimed at a comprehensive acquisition, and whether it can succeed is highly variable.

Given that Tianqi Group’s offer was 10% higher than that of its competitor Lockwood Company, and Lockwood Company had determined that its offer was the best and last.

On June 6, Talison's board of directors agreed to contact Tianqi Group and its financial advisor.

To confirm whether Tianqi Group’s acquisition plan is better, or can the price be higher?

Talison also announced that the shareholders' meeting originally scheduled to review the Lockwood Agreement in September will be postponed.

They said they would arrange time for discussions as soon as possible to determine whether Tianqi Group's acquisition plan is optimal.

In the announcement, they will also publish the factors that determine the optimal solution.

Including but not limited to: price, whether additional conditions are met, whether funds are sufficient, etc.

Because Lockwood Company did not bid fiercely with Tianqi Group as the outside world expected.

That day, Talison's stock price plummeted.

It jumped short and opened lower at the opening, at 6.66 Canadian dollars, and fell as low as 6.58 Canadian dollars, down 7.58% from the previous trading day.

On June 6th, an unexpected surprise came.

Australia's FIRB has no objection to the acquisition of Talison by Wenfield, a wholly-owned subsidiary of Tianqi Group.

This shows that under the influence of money, Tianqi Group and Lockwood Company are basically on the same starting line.

Talison is willing to allow more time to discuss Tianqi Group's acquisition plan.

Next, what Tianqi Group has to do is:

Submit a scheme of arrangement to the Australian Securities and Investments Commission;

First court hearing;

Deliberation at the general meeting of shareholders;

Second court hearing.

This process takes a long time, about 3-4 months.

After achieving phased results, Jiang Ping finally breathed a sigh of relief.