The two foreign banks must be extremely cautious about this kind of large-capital share transfer, and the specifications of the negotiations are definitely top-notch. It will not be like the big class with two principals in the past. Now with the size of Dongsheng Company, this kind of thing must come forward from the board of directors. Qualified enough.
A few days later, at the third quarter board meeting of China Eastern Airlines, after everyone reviewed the third quarter financial report with great enthusiasm and were full of hope for the follow-up, especially for the first dividend, Wu Qianqian, on behalf of the largest shareholder, Dongsheng Company, Announced the news that it is willing to carry out unlimited share transfers among shareholders.
"Ms. Wu, did I hear you correctly? Dongsheng Company is willing to sell shares of China Eastern Airlines?"
The representatives of the foreign banks were shocked. China Eastern Airlines was the absolute controlling shareholder, holding 79.62% of the shares. Both foreign banks had less than 10%, Jazz and Prince even less.
This is a golden rooster. Now it is a profit-making industry with extremely high profits. Take China Eastern Airlines, for example, with a profit margin of more than 30%. The two foreign companies have repeatedly wanted to expand their shares, but Dongsheng Company has not relented and always tried every means to dilute it. The shares of two foreign banks made them very depressed.
"You are right. Our head office is currently experiencing some financial difficulties, and the local economy in Hong Kong continues to be sluggish. After weighing it, our company has decided to adjust the company's investment strategy and increase investment in global market development. As you know, affected Due to the financial situation of our company, the development of the airline in the past few years is actually lower than our initial development plan. We are very sorry for this. It is because of our company’s financial problems that it has hindered the rapid development of China Eastern Airlines. Development.”
"You just acquired a bank and a building. You said your company is short of funds. Miss Wu, are you kidding?"
The director of HSBC narrowed his eyes and said with a smile. As we all know, the richest company in Hong Kong is not the four major foreign banks, but the Dongsheng Company. Its tentacles have extended to the whole world, and it is unparalleled in Hong Kong. It is a behemoth.
"Mr. Shi, it is precisely because of this that it becomes more difficult for us. You also know that in order to speed up the development of Xiangjiang, we have invested in tunnels and bridges. Both projects cost a lot of money, and the cost recovery is far away. Who knows what Xiangjiang will be now? The economy continues to decline, and we are even worse.”
The directors present at the meeting all nodded. These two projects are indeed huge investments and slow to produce results. Now that the economy continues to decline, it is even more difficult to recover the costs. The only reason is that Dongsheng Company was famous at the time and had to earn a good job serving Hong Kong. His reputation has fallen into a trap now.
Building roads and bridges was something a squire could do in order to repay his fellow villagers and benefit his family. Dongsheng Company did it all in one go. This was because they failed to see the right time. Who would have known that life would become more difficult every year in the past few years.
"Ms. Wu, I think your company should reconsider. We can receive some shares, but we still hope to cooperate sincerely. Only you can take us further."
The directors of Zhada Yangxing also spoke up. No matter what the reasons of Dongsheng Company were, for them, getting more shares would definitely be a sure profit. With Xiangjiang’s current economic downturn, there are few suitable investments. project, it was an unexpected good thing to be able to acquire China Eastern Airlines at this time, but he knew that it was unrealistic to take all the shares of Dongsheng Company, and they did not have much liquidity now, so he tried to persuade them to stay.
"Mr. Schrader, it's not impossible. No one is willing to sell airline shares. We would like to use real estate and buildings or two large projects as mortgage loans. We can also sell them. No one wants them. If you two agree with us, If you loan us 100 million each for real estate or project mortgages, we will naturally not take action if we have the funds.”
Mr. Shi from HSBC shook his head, "NONONO, we still have a bunch of bad real estate mortgages that we don't know how to deal with. It's impossible to accept real estate mortgages anymore."
"Unfortunately, so do we." Mr. Schrader also shrugged regretfully, and both of them tacitly avoided the two infrastructure projects.
Real estate in Xiangjiang continues to decline. If you get this, you will watch the depreciation. Naturally, it is impossible for a foreign company that pays great attention to asset statements to take over. From this perspective, it can indeed explain Dongsheng Company’s decision to sell its shares. This is a helpless move. If you want to cash out quickly, of course you have to get good stuff.
One day later, the Xiangjiang Evening News reported that Dongsheng Company's shares were about to change. The news spread a lot, but it further accelerated the decline of the property market. It is said that the Hong Kong government is extremely concerned about the development of the situation.
"The Governor is angry." Zhu Xuefeng smiled and put down the newspaper. The current Hong Kong Governor hinted several times that he wanted to join China Airlines as he did when he took office. Dongsheng Company was pretending to be confused. For this reason, the Hong Kong government made many attempts on Dongsheng Company. Son, the relationship between the two families is now at odds with each other.
"How about letting him join in?"
She came uninvited and didn't know Xia Yuhong's identity. There was a small misunderstanding. Later, she found out that this was the mistress of Dongsheng Company.
"It's not impossible. With the little money he has, 3% is the limit, unless he uses the name of the Hong Kong government. This is because he wants to get into the trap himself, and he can't blame us."
Zhu Xuefeng smiled, the two women looked at each other, and then the three of them laughed together, and easily made the decision to drag him into the trap.
In the following days, Repulse Bay frequently received visits from senior directors of two foreign companies. It must be said that the motivation of money is unlimited. A month later, China Eastern Airlines issued an announcement.
After increasing their holdings, HSBC and Zhada held 39% and 31% of China Eastern Airlines' shares respectively, becoming the first and second shareholders. The original Dongsheng Company's shares dropped to 17%, becoming the third largest shareholder, and the Hong Kong government became the new shareholder with 5%. Jin is the fourth largest shareholder, and the other two shareholders each hold 4%, which remains unchanged.
"Mr. Zhu, we will be one from now on. I hope your company can continue to contribute to the development of Xiangjiang."
At the new shareholder reception, the newly promoted fourth largest shareholder was full of energy and took the initiative to invite Zhu Xuefeng for a drink.
"Of course, the tunnel project will be completed this year, and it will be more convenient to travel between the two places. It will inject new vitality into the economy of Hong Kong. When our bridge is completed, the economy of Hong Kong will definitely be more positively affected. I firmly believe , Xiangjiang’s future is bright. Under your leadership, we will soon get out of the fog and usher in a brighter tomorrow.”
Zhu Xuefeng also responded happily and positively. He couldn't help but be unhappy. This share transfer directly raised 170 million yuan and gained more than 60 million yuan in "bad assets". All parties got what they wanted.
"Well said, and I firmly believe that this day is not far away. However, as long as Mr. Zhu waits passively, I wonder if Mr. Zhu is interested in working with the Hong Kong government to make greater efforts to stabilize the property market and restore real estate. ”
Faced with the olive branch offered by the Hong Kong government, Zhu Xuefeng naturally accepted it without hesitation. He really wanted to take the initiative to promote the recovery of real estate. Calculating the time, it was almost time. Originally, the real estate industry would slowly recover next year. Since there is a favorable trend, , why not do it.
"Okay, he deserves to be the mainstay of Xiangjiang. He is responsible. We will talk in detail when we have time."
On the rooftop of Repulse Bay, the three of them looked at the brightly lit Victoria Harbor together. "I was really sold out and still helping to count the money. I have seen it." Xia Yuhong said with a smile, and Wu Qianqian also smiled, "This is the Yangtze River." No matter how smart he is, he can't escape the master's plan."
"You two, don't talk nonsense. Who am I plotting against? Didn't you see that everyone was happy at today's shareholders' meeting? Everyone gets what they need." Zhu Xuefeng also smiled. Unexpectedly, there was an unexpected gain, and the real estate was about to start.
"Let's chat secretly with a few companies and let them pay attention to real estate. If we have money, we can make money together."
After handling the matter with China Eastern Airlines, I stayed in Xiangjiang for a few more days and once again received many people at the Repulse Bay Villa. These people were obviously much more simple, but they were all dressed in suits.
This is a task brought from the country, using large supermarket chains across North America, Fuso, Western Europe and Star City to speed up the variety and scale of domestic products for export.
"How's it going? Are you feeling stressed?" After seeing off the guests, the three of them discussed in the study again.
"A little bit, but it shouldn't be a big problem. Supermarkets in North America, Western Europe and Fuso are all expanding rapidly. It's hard to eat now, but it may not be enough to sell in a few months."
Wu Qianqian is in charge of the allocation of all these resources and is very clear about these data. This time there has been some pressure from the country, but she is still very confident.
"According to this scale, in the future, just through supermarket sales, the domestic purchase quota will exceed 500 million!" Xia Yuhong didn't know much about these data. She was stunned when she saw the agreement reached this time. She had been in the Ministry of Commerce for almost two years. , these data are still clear.
Domestic foreign trade last year was 12.7 billion RMB, and foreign exchange reserves exceeded 400 million US dollars for the first time, of which exports were 6.8 billion RMB, which is almost 2.8 billion US dollars. Now Dongsheng Company consumes 500 million US dollars of goods a year just relying on large supermarkets. ! Sure enough, I can make greater contributions to my family here.
"This number will continue to change. Don't worry, your family will become richer day by day."
"Well, I believe it, but I don't know if my dad would be as stubborn as before if he saw this data."
At that time, I tried to persuade Lao Xia to come out, but after a lot of hard work, I had no choice but to go to the autonomous region to support the construction projects through other channels.
"Have you met your parents?"
"Of course, I went there twice. At first they didn't believe that the autonomous region belonged to us, but later they found out and had nothing to say. Now one is working in the smelting plant and the other is working in the chemical plant. They are working very hard. I asked them to They were not happy to come to Xiangjiang to enjoy the blessings, but they agreed to come and visit during the Spring Festival.”
Zhu Xuefeng knew that the old couple came over during the Spring Festival to see their child. According to the expected date of delivery, the child should be born in January.
After staying in Xiangjiang for a few more days, he visited his younger siblings and the two little ones at his godmother's house. Everything was fine. After visiting Coach Gao and Uncle Yang, Zhu Xuefeng took a special plane and rushed to the autonomous region again, but there were more Uncle Yang and Uncle Lou accompanying him. Sir, originally Lou Xiao'e wanted to go with her, but because she just gave birth, she couldn't live without the child, so she had to wait until next time.
The reason why Master Yang accompanied him was because Zhu Xuefeng heard from him that the environment and climate here in Xiangjiang were not suitable for the Taiyi Sect to practice, and the disciples were making very slow progress. Zhu Xuefeng said that he should go to the autonomous region to find a suitable hilltop and transfer it directly to Taiyi Sect. Under the sect, Master Yang declined for a while, and then happily accepted.
Compared with the environment over at Mi Zhi, Xiangjiang is still too noisy, which is not suitable for the Taiyi Sect who need to cultivate their moral character. Qiu Hong complained last time that he had been guarding Wu Qianqian in Xiangjiang for a year and made very little progress. Still in the relatively quiet Repulse Bay.
Taiyimen's pharmaceutical factory is planting Chinese herbal medicines on many hills in the autonomous region. It would be better if the entire sect is moved there. It will be more convenient for drug cultivation. It can also allow Taiyimen to cultivate rare medicinal materials in specific areas. Zhu Xuefeng was also thinking of getting some tigers from China and raising them in the mountains. Tiger bones were also rare medicinal materials.
But Mr. Lou followed him because he invested 10 million in funds and gained nearly 3 million in profits in a few months. With this money, Mr. Lou became active again. He couldn't rest anymore. I couldn't find a suitable investment industry in Xiangjiang. I heard that the economy in the autonomous region was developing rapidly, so I came up with the idea of looking for opportunities.
"My dear nephew, are we really the ones in charge of the place you are talking about?" Mr. Lou was a little worried about the investment environment in the autonomous region and couldn't help but ask.
"Don't worry, I can speak to you over there. Let's put it this way, no one will maliciously trick you. You can just do what you want to do."
Mr. Lou was a little dazed. What was the concept of his daughter's friend having an astonishingly loud voice and being able to talk over there? However, through the transfer of family property and this successful investment, he still had great trust in Zhu Xuefeng.
"That's good. I heard that there are many mines over there. I don't know if it is possible to run a private steel plant. If it is possible, I still want to work in my old business. I still have many old friends in this industry in Europe and North America."< br>
Uncle Yang on the side closed his eyes and couldn't help but smile. This Mr. Lou really asked the right person. It is estimated that no one can answer this Mr. Lou except his nephew. He has already decided that this time In the past, I circled the top of the mountain where Zhu Xuefeng broke through. This was the most suitable place he chose after running around for many days. Since his nephew wanted to grant him a hilltop, there was no other place more suitable than this. The most important thing was that the hilltop was not far from his nephew's residence. This time, Taiyimen It really wants to be revived again. I was indeed right in my vision back then.
"I definitely can't give you the mine, but it's okay to open a steel plant. There are several steel plants over there now, but the autonomous region is undergoing rapid development. It is estimated that the demand for this steel will be insufficient in a few decades. If you are interested , but you can check it out.”
When Mr. Lou heard this, he immediately became interested, "This time the money is not much. Three million can be used to build a medium-sized steel factory. It would be great if the pillars are there. My wife is also thinking of opening a restaurant in Xiangjiang, so that she can have Things to do.”
Zhu Xuefeng was slightly dazed. Mr. Lou was still thinking about his son-in-law.
(End of chapter)