Reborn Tycoon Rise

Chapter 134 Qingzhou Yingni Acquisition Battle (1)

On September 15, after Wharf, a new takeover war broke out in the Xiangjiang stock market.

A new company called Evergrande Real Estate published an announcement on six or seven well-known newspapers including Ming Pao and Sing Tao Daily to acquire the shares of Yingzhou Yingni held by all shareholders at a premium of 20%.

Qingzhou Yingni is a century-old company that has been steadily doing its business and is relatively conservative in its management. Although it owns a lot of land, it has no plans to develop it.

At this moment, an emerging real estate company actually launched a merger and acquisition directly with this established company!

A group of melon-eating people in Xiangjiang became lively again!

The previous acquisition of Wharf by Cheung Kong Holdings was considered the first time that Chinese capital challenged British capital. Although it failed, it seemed to arouse the pride in the hearts of the Chinese!

Who said the British guy is the boss?

We Chinese can do it too!

After Li Jiacheng transferred Wharf stocks to Bao Yugang, some knowledgeable people could actually judge that it was absolutely impossible for Bao Yugang and Yihe to live in peace, and countless people were waiting for this ultimate battle.

However, this time an unknown company suddenly publicly acquired a British-owned group in the newspaper. This is completely imitating the last time Land and Land annexed milk, and started a war through the newspaper!

Thinking of the last stock market loss, many stock investors suddenly felt bleeding. Land used despicable means to inflate its own company's stock price, and then exchanged shares for shares to obtain a controlling stake in the dairy company. Then the economic crisis hit, and Land's stock price dropped from its peak of HK$67. dropped to HK$12. And until 2019, Land's stock price never returned to the price of HK$67!

In this merger and acquisition, the management rights of the milk company were obtained without spending any money, and countless shareholders paid for it!

However, the acquisition proposed by Evergrande this time is completely different. It is a pure cash acquisition, paid on the spot, and the 20% premium is not much. Although this amount may increase in the future, many people still decide to take advantage of it first.

The reaction of Qingzhou Yingni Company was also very fast. The board of directors made a preliminary reaction in the afternoon of the same day and expressed its rejection of the acquisition by Evergrande Company. The reason was very simple: Qingzhou Yingni Company has been operating for nearly a century and has always been very profitable, and does not need the intervention of outside companies. , and also questioned that a newly established company was incapable of operating its own business, and also strongly suspected that this new real estate company was not acquired for the operation of the company in Yingzhou, but its purpose was just for the Hung Hom beach. A piece of land.

Not only that, Qingzhou Yingni also bought the front page of Ta Kung Pao the next day, calling on all shareholders and investors to calm down. At the same time, he also wrote down the questions raised yesterday, asking Evergrande to explain the true purpose of the acquisition.

Evergrande Company obviously did not give up. It directly admitted in the Hong Kong Economic Journal that the purpose of its acquisition was for that piece of land, and at the same time accused the board of directors of Qingzhou Yingni that it was simply incapable of running the company:

"Jingzhou Yingni, Jardine Matheson, Land, Hutchison Whampoa, and Wheelock are almost the same companies of the same era. However, the first few companies did not just focus on their main business and carried out diversified development, so they have become what they are today. Hong Kong giant. However, the management family of Qingzhou Yingni Company has only known about casting cement for a hundred years. Its current market value is less than a fraction of the company of the same era, and shareholders have suffered heavy losses as a result!

After Evergrande Company acquires Qingzhou Yingni Company, it will inevitably follow the current trend of development in Hong Kong and strive to develop the land held by the company. At the same time, it will also join the competition in other industries to develop the company to the greatest extent and obtain benefits for all shareholders. greater good. "

Another day later, Qingzhou Yingni Company sent a report rejecting the acquisition and replied at the same time:

“First, Evergrande Company’s main business has been to provide cement to Xiangjiang since its founding. The comparison with Jardine and Whampoa proposed by Evergrande Company seems quite reasonable, but in fact it is only based on the surface. There are more than thousands of companies in the same era. How many of them can develop into today's Jardine and Hutchison? Most companies went bankrupt after the failure of diversification. Shareholders suffered heavy losses due to the blind expansion of the company's management. Qingzhou Although Ying Cement has not diversified, it has been very successful in its main business. Today, there is no other cement company in Hong Kong. Although our company will not become rich, it will definitely provide long-term stability for shareholders. A quality stock that is rising steadily!

Secondly, regarding the development of the company's own land proposed by Evergrande Company, the Board of Directors has studied and decided that in order to return the interests of investors, the Company will discuss the plan in the near future.

Third, Evergrande is a start-up company. Even if it has abundant funds, it has no experience in developing land and may not be able to successfully develop it. This will not be of any benefit to the shareholders of the company.

Based on the above three points, the company rejects the acquisition. However, if Evergrande is optimistic about the company, it can purchase the company's shares, but please do not disrupt the stock market and cause unnecessary negative effects! "

"That makes sense!" Xu Zhi laughed after reading the newspaper: "But if we can defeat the hungry wolf with reason, why do we need weapons!"

At this moment, He Guoyuan, Lin Wenzhou, Xu Zhi and Wang Liming were sitting together, eating hot pot. This kind of hot pot is extremely popular in Xiangjiang.

He Guoyuan asked: "Xu Sheng, the land in Yingni, Qingzhou is really good. I went there to take a look. In the past, there was a small port there for the convenience of cement transportation, and the land transportation behind it was also very convenient. If our future refrigerator factory is built there, transportation will be much more convenient."

Xu Zhi asked: "Has there been any reply from Bao Fuda?"

He Guoyuan said: "Yes, I have contacted him and told him the data about the motherboard factory. He has found such land. I have also visited it. It is more suitable. However, if he wants to sell it to us at a low price, it still needs some operations. , otherwise there will always be a question left.”

Xu Zhi nodded and said: "Okay, then as planned, the motherboard factory will be built over there, but I don't plan to build a refrigerator factory on this land in Hung Hom!"

He Guoyuan frowned and asked, "Why? It's not cheap to buy another piece of land."

Wang Liming responded: "He Sheng, don't just focus on the investment. It is very expensive for Midea to acquire a piece of land by itself, but the location in Hung Hom is very good. It would be a pity to use it for a factory. If it is used for development, the income will be higher." a lot of."

Xu Zhi nodded and said: "Yes, the demand for the refrigerator factory area is too great. If we really use that land, it won't be economical.

Moreover, Qingzhou Yingni is a listed company. Unless it is fully acquired, Midea will have to spend money to buy this piece of land. It is its own company, but it cannot be low-priced. Otherwise, if the Independent Commission Against Corruption detects insider trading, it will not be a joke. of. "

He Guoyuan nodded and said: "That's okay. I don't understand land prices. You can figure it out. But Xu Sheng, York has begun to relent. They have decided to sell the entire refrigerator department, but the price has not yet been discussed. Okay, Xiangjiang needs to prepare early, otherwise the equipment purchased will be in vain without the land!"

Xu Zhi nodded and agreed: "Don't worry, there must be a way!"

"Ding ding ding ding..." Wang Liming's eldest brother rang loudly.

He picked up "Mobhu" and put it to his ear, said "I know!" and hung up the phone.

Wang Liming said to Xu Zhi: "Xu Sheng, I'm sorry, Li Jiacheng is here..."

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