Chapter 296 294 [No expected effect]

Huang Lixin's family thought that Li Wendi was unhappy that Huang Lixin gave birth to a daughter. However, as soon as Li Wendi arrived at the hospital, he took out a stack of red envelopes from his briefcase and asked his bodyguard to distribute them to the doctors and nurses.

Li Wendi's move made them overjoyed. Li Wendi was really too rich. The money that flowed from his fingers was enough for the Huang family to have no worries about food and clothing for the rest of their lives.

Since her daughter was still in the incubator, Li Wendi could only watch her through the glass, her face full of pity.

In order to reward Huang Lixin for giving birth, Li Wendi publicly announced that the villa in Deep Water Bay would be transferred to her name and gave her 50 in cash. As for the Huang family, Li Wendi gave them a shop so that they could do some small business.

So, the whole ward was festive, except for Li Xiaonan who looked reluctant.

Li Xiaonan really disliked Huang Lixin, but she wanted to come and see her little niece. She wanted to leave, but she had to wait for Guo Cuiting, so she had to stay in the ward. Now her brother gave so much property to these people, Li Xiaonan was even more unhappy.

At around 9 o'clock in the evening, Li Wendi, Guo Cuiting and Li Xiaonan took a car back to the Repulse Bay Villa.

Guo Cuiting saw through Li Xiaonan's thoughts, so she began to comfort and persuade him. Her general meaning was that family members don't need to care too much, and it is only right to help the in-laws.

Li Wendi did not try to persuade her, but just asked her whether she liked her little niece or not.

It is impossible for a family to be free of conflicts, and it is even more impossible to treat them equally. In Li Wendi's opinion, Li Xiaonan is closer to him than Huang Lixin.

Liu Zhifei was quite efficient and dealt with all the creditor banks in just two days. According to Li Wendi's investigation, Sanqianchi Real Estate Company would need to spend about 600 million yuan to acquire Xipu Industrial Company and force the company to delist and become a wholly-owned subsidiary of Sanqianchi Real Estate Company.

Liu Zhifei then laid off the remaining employees of the company. The severance pay was naturally paid from the funds recovered from the sale of the company's equipment, so Xipu Industrial Company was left with only an empty shell.

Liu Jingqi was trying his best to find a good buyer for Xipu Industrial Company's patents, but it turned out that no factory in Hong Kong wanted them. In the end, he had to sell them cheaply to an industrial company in the Philippines, making a profit of only a few hundred thousand.

After Liu Zhifei announced that Xipu Industrial Company would jointly develop the Tuen Mun factory land with its parent company, Three Thousand Feet Real Estate Company, people from the Environmental Protection Bureau came to the company and produced the previous quality inspection report, which showed that the factory land was seriously polluted. If the land was to be developed, the company would need to carry out a series of degradation treatments on the land, otherwise the Environmental Protection Bureau would issue a huge fine.

Upon hearing the news, Liu Zhifei quickly used his connections. In fact, he had also seen news about this, but he didn't care, thinking it was just a matter of spending a little more money.

The outcome of the matter was beyond Li Wendi's expectations. The guys from the Environmental Protection Bureau actually took the money and stopped making things difficult for the Sanqianchi Real Estate Company. They just forbade Liu Zhifei to build a residential building on the land. He could only build an industrial building. Otherwise, he still needed to deal with the problem of land pollution.

Upon hearing the news, Li Wendi was silent for a moment, and then immediately notified others to report to other newspapers and the Independent Commission Against Corruption. As for the evidence, that was the Independent Commission Against Corruption's business.

In fact, Li Wendi knew that it was unlikely to find evidence of bribery, but the 3,000-foot real estate company still had to pay the handling fee for the factory land, and it would delay the development of the land.

Liu Family Villa
"How did the media know about this?" Liu Zhifei's face was very sour.

Liu Jingqi was also confused. They were very low-key in doing this matter. Only the delisting issue caused a little stir, which should not have attracted the attention of the media.

"Forget it, let's consider how to solve this problem first." Liu Zhifei calmed down a little.

"I'm worried that the ICAC will find evidence to prosecute us?" Liu Jingqi said worriedly.

Liu Zhifei's eyes flickered, but he said stubbornly, "It's hard to find evidence for this matter. The people at the Environmental Protection Bureau don't want anything to happen, so let's resolve the current public opinion crisis first."

The Liu family father and son discussed for a long time before they came up with a very common plan.

"The land processing fee is several million. We are in trouble now." Liu Zhifei sighed.

"Even if we build an industrial building, we can still make a profit of 3000 million, which is not a loss. In addition, as the local market situation improves, the price of industrial buildings is getting higher and higher, and the profit may be more than 3000 million." Liu Jingqi did not see the consequences of funds being trapped.

Hearing this, Liu Zhifei felt a little disappointed, but he calmed down and explained, "If we spend a few million more, the company's capital turnover will have some problems, and it will also affect the progress of other projects. We have to readjust our plans for the future."

The "backdoor listing" plan of the Qinian Newspaper went very smoothly. There were some twists and turns in the negotiations with the major shareholder of Jiade Electronic Manufacturing Co., Ltd., but it was generally smooth.

The plan that was successfully negotiated was that Qinian Newspaper would acquire 60% of the shares held by the major shareholder, and the major shareholder would sell the remaining 40% of the shares on the stock market after Qinian Newspaper raised the share price. The shares that Qinian Newspaper needed to increase would be obtained by issuing new shares.

This plan has great benefits for the Jiade Electronic Manufacturing Company. First, it can increase the asset value, thereby slightly increasing the stock price. Second, the company has more sufficient funds. After taking over Jiade Electronic Manufacturing Company, the Qinian Newspaper immediately changed its name to Qinian Newspaper Co., Ltd. Under the leadership of He Qijun, Qinian Newspaper Co., Ltd. continued to receive industrial injections from Qinian Newspaper. The company's value continued to increase, with an astonishing increase of 50%, and the stock price also increased accordingly.

He Qijun sat on the chair with a smug look on his face. The backdoor listing went so smoothly that the Gad Electronic Manufacturing Company became a wholly-owned subsidiary of the Qinian Newspaper Company and a medium-sized cross-industry company.

"Qinian Newspaper owns shares in many companies, and it will take a long time to transfer them." He Qijun said casually.

After all, the method of issuing new shares is only temporarily applicable, because the shareholding of Qinian Newspaper is increasing, and cash will be needed to acquire the assets and industries of Qinian Newspaper next.

"There is no need to transfer. Qinian Newspaper will directly hold the controlling stake of Qinian Newspaper Industry, and we can transfer it when necessary in the future." Li Wendi said seriously, "Qinian Newspaper Industry Company now owns two newspapers, three comic books, two magazines, and an electronics manufacturing company. Such assets are enough to support a listed company."

He Qijun pondered for a while and said, "What do you think of the plan of using the Jiade Electronic Manufacturing Company in exchange for the other assets of the Qi Nian Newspaper?"

"."Li Wendi felt that He Qijun was obsessed with having a pure newspaper listed company, but this seemed to be more conducive to his next plan, and a private electronics company was easier to operate.

"Okay! It's okay for the Qinian Newspaper to suffer a little loss." Li Wendi said with a smile.

In fact, the Qinian Newspaper Company only changed its name to Qinian Newspaper Industry. Nothing else changed. It still worked in the same building and all the staff were the same.
"Then I have to think about what good things Gad Electronic Manufacturing Company can exchange for." He Qijun said with a serious face.

Seeing this, Li Wendi laughed and said, "There are only a few things left at the Qinian Newspaper. Why don't we pack up the printing business and take it over there?"

"It's better to exchange those shops and office properties, as they are more valuable." He Qijun said.

“The printing business can form an industrial chain with daily newspapers and magazines. How can it not be valuable?” Li Wendi laughed.

"What's the difference between Qinian Newspaper and Qinian Newspaper Company? They are just the right and left hands. What I want now is to make the share price of Qinian Newspaper Company exceed 1.5 yuan and its market value increase to 4500 million. The next step is to completely transform it into a medium-to-large newspaper company." He Qijun said with expectation.

"You have quite a big ambition!" Li Wendi smiled slightly and praised He Qijun.

Sun Hung Kai Securities

Hu Jinyan held a document in his hand and reported to Li Wendi, "Mr. Li, all the Swire shares you held have been sold. The average price of A shares is 2.6 yuan, and the average price of B shares is 0.55 yuan. After deducting other expenses, the funds recovered are 5367.6 million yuan."

Li Wendi nodded. The rate of return on Jardine Matheson's stock was good, but it did not reach his ideal price. He was still thinking about repaying the 1 million loan from Citibank, but in the end he could only repay half of it.

"How is the secret purchase of Qingzhou Yingni Company going?"

Hu Jinyan replied, "The shares purchased secretly have reached 19.6%, and the funds are almost exhausted. Mr. Li, do you want to add more funds?"

Li Wendi thought for a moment and realized that this acquisition could not be stopped. With such a large amount of shares, it could not be kept secret for too long, so he said, "Continue the secret purchase. Take as many as you can."

"I understand! There are probably quite a few scattered shares on the market. I personally think it won't be a problem to secretly purchase 35%." Hu Jinyan took the opportunity to take credit.

"Well! If someone finds out, please notify me in time." Li Wendi was worried about unexpected situations.

"What about Hutchison Group's shares? How much has it increased?"

"The news of the merger between Hutchison Group and Whampoa Dockyard is still hot. The rate of increase has slowed down a lot, but the increase is still okay. The current share price is 5.9 yuan. Mr. Li, the stocks in your hands are already worth about 1.18 million yuan." Hu Jinyan was a little shocked when he said the number.

Li Wendi was a little confused about the rise in Hutchison Group's share price, so he asked, "Mr. Hu, what price do you think it will rise to?"

"There will definitely be 7 yuan." Hu Jinyan said affirmatively.

Li Wendi also inquired about the situation of other small company stocks that were purchased. Unfortunately, the growth of these companies was not large, with the highest increase being only 30% and the lowest only 20%. The prices of small company stocks that were not purchased even fell, but the decline was relatively small.

Not long after, Li Wendi left Sun Hung Kai Securities.

(End of this chapter)