Rebirth: From catering group to world’s richest man

After hearing Mu Tingting say that she still had shares of Pudong Johnson & Johnson, Lin Shen immediately called Mu Tingting to his bungalow.

“Tingting, this Pudong Johnson & Johnson should be the Johnson & Johnson Taxi Company, right? Lin Shen asked

“It can be said that Pudong Johnson & Johnson controls 100% of Johnson & Johnson Taxi Company. In addition, Pudong Johnson & Johnson also invested in the fifth car factory of Shai Taxi Company, a car repair shop, and a tourism company. The company also spent 5 million to invest in real estate business this year.”Mu Tingting said.

Lin Shen didn’t expect that Pudong Johnson & Johnson still has a lot of business.

“Let’s talk about other situations.”Lin Shen said with a frown.

It seems that last year Lin Shen asked Mu Tingting to sell off all the company’s original shares, but only kept the shares of Pudong Johnson & Johnson, which made Mu Tingting very concerned about this company. Now when Lin Shen asked, Mu Tingting knew every family treasure and knew it by heart.

“According to Pudong Johnson & Johnson’s annual report last year, Pudong Johnson & Johnson’s main revenue last year, that is, the taxi company’s revenue was 23.69 million, with an after-tax profit of 10.45 million.……”Mu Tingting started talking.

Lin Shen waved his hand and said,”Let’s talk about the shareholding structure.”

Mu Tingting said,”Individual shares in society are about 40% of public shares, and 17% are held by the government.

However, the 17% held by the government were originally held by the government.

There is an agreement, and the government cannot intervene in the management.

The remaining 40% is held by Shai Taxi Company at 15.

54%, Shai Shangtou Industrial Company at 8.

33%, and Liujiazui Financial and Trade Development Company at 7.

5%.

%, China Construction Bank Shai Trust Investment Company holds 7.

5%, and Wenhui Newspaper also holds 4.

13% of the total share capital.

”

“Because of this,” Lin Shen said,”the largest shareholder is the government, but the government is a limited partner and has no management rights. So now the largest shareholder is Shai Car Rental Company”

“Yes.”Mu Tingting said

“How many shares of Pudong Johnson & Johnson do we have in our hands now? Lin Shen asked.

Mu Tingting pursed her lips and said:”10.23%”

“How many?”Lin Shen was shocked.

“10.23%.”Mu Tingting said

“Why so many? Doesn’t the China Securities Regulatory Commission stipulate that if the shareholding exceeds 5%, it must be announced?”Lin Shen was indeed very surprised.

“Didn’t you say last year that you wanted me to take over the shares of Pudong Johnson & Johnson held by retail investors in the market? It just so happened that the company had money, so I kept accepting it. You are right. The China Securities Regulatory Commission stipulates that more than 5% must be announced. However, of my 10.23%, Shengyi Investment accounts for 4.95%, Yuanfeng Group accounts for 3.36%, and then I also hold 1.92% in your personal name.%”Mu Tingting said.

If you hold more than 5% of the shares, you need to make an announcement. This is indeed a regulation of the China Securities Regulatory Commission, and many countries have implemented this regulation.

So Mu Tingting used three accounts to buy so many stocks.

“Tingting, I found you are really a genius!”Lin Shen was overjoyed.

“Boss, what do you want to do?”Mu Tingting felt flattered and very happy when she was praised by Lin Shen.

The reason why she holds so many shares of Pudong Johnson & Johnson is because Lin Shen told him to buy shares of Pudong Johnson & Johnson last year. She felt that Lin Shen was in the stock market With the above talent, doing this must be very meaningful, so I have been buying Pudong Johnson & Johnson stocks.

“I want to acquire Pudong Johnson & Johnson. Lin Shen said lightly.

“What!”Mu Tingting was shocked

“In fact, there is no need for a complete acquisition. I just need to be the controlling shareholder. I don’t need absolute control, as long as I have more shares than the largest shareholder. Lin Shen said

“this……”Mu Tingting was stunned

“How is it operable? Lin Shen asked

“Yes, we already have so many stocks.”Mu Tingting nodded.

Although he didn’t understand why Lin Shen wanted to acquire Pudong Johnson & Johnson, she didn’t bother to ask. Anyway, Lin Shen always had a reason.

“What is the current share price of Pudong Johnson & Johnson? Lin Shen asked.

Mu Tingting said:”This year, the central government has stepped up regulation and control, and raised deposit and loan interest rates in May. The stock index has now fallen sharply, falling below 1,000 points.” The current share price of Pudong Johnson & Johnson should be around 12 yuan”

“Okay, send me an announcement tomorrow, saying that Shengyi Investment Company already holds more than 5% of the shares of Pudong Johnson & Johnson. Lin Shen said

“ah. good! I will apply for an announcement to the China Securities Regulatory Commission and the Shanghai Stock Exchange, and will also contact newspapers to publish this statement. So, after we open the market tomorrow, we should continue to increase our holdings in Pudong Johnson & Johnson’s stock, right?”Mu Tingting said

“right. Lin Shen said

“How much to increase holdings?”Mu Tingting asked

“How much goes in.”Lin Shen said calmly.

In fact, Lin Shen already has the intention of hostile acquisition.

Lin Shen is also betting, because Lin Shen’s current operation is exactly the same as an acquisition case that will happen this year, which is called”treasure acquisition” in history.

“Yan Feng Bo”, Yanzhong Industrial, one of the eight S-share companies, was used by Pengcheng Baoan Group in the same way.

It used three of its subsidiaries to quietly increase its holdings in Yanzhong Industrial’s shares, and then suddenly issued an announcement.

At the same time as the announcement, In one day, he held 16% of Yanzhong Industrial’s shares in the secondary market and forcibly acquired Yanzhong Industrial.

Afterwards, the China Securities Regulatory Commission believed that Baoan Group’s operation was illegal, but the acquisition was effective, and the price was paid a fine of 1 million yuan.

China Industrial has been controlled by others.

Now the Baoyan crisis will not happen for more than a month. Lin Shen now wants to copy the operations of Baoan Group.

“Okay, I’ll make arrangements then.”Mu Tingting was stunned, and then said.

Suddenly, Mu Tingting felt excited again. This is a forced acquisition of a listed company. Thinking about it, she suddenly felt very exciting. Can they really succeed? If this succeeds, Mu Tingting will find it incredible..

That night, Mu Tingting stayed up all night. She stayed at Shengyi Investment Consulting Company to personally direct what would happen tomorrow.

Lin Shen had already told her that the acquisition of Pudong Johnson & Johnson would be carried out in the name of Shengyi Investment Consulting Company. It was ready.

The next day,

Mu Tingting notified the China Securities Regulatory Commission and the Shanghai Stock Exchange, as well as various newspapers in Shanghai, as well as the Pudong Johnson & Johnson Company.