"The State-owned Assets Supervision and Administration Commission of the State Council has come forward to negotiate with the 52nd Institute. If they can guarantee the sales scale and net profit in the next three years, there won't be a big problem."
Li Zehua will have to stay in Lushun for two more days, mainly to meet and communicate with investors from Yamenkou and Yida Group, and then go north to Fengtian, Jilin Province, with Wang Jianning to settle the resort issue before leaving.
Over the phone, he remotely directed Yao Xiangjun's negotiations with Hikvision, "In principle, Directors Chen and Hu will not object. On the one hand, increasing the company's revenue and profits will help stabilize their position.
Secondly, the 5% management technology shares, with a market value of more than 20 billion in real money, will make the management team they represent very tempted, and the collective will will force them to agree.
The problem now lies with the second largest shareholder, Gong Hongjia. If he forcibly refuses, you have to prepare for the worst.
The China Electronics Technology Group Corporation owns 48% of Hikvision's shares. Before the company went public, Gong Hongjia transferred 15% of his shares to the management, and he currently only has a little more than 28%.
The management of these companies may accept the group's investment, or they may be pulled over by Gong Hongjia. If this happens, even if the group gets 52 shares, it will be in trouble in the future. "
Yao Xiangjun first reviewed himself for not being able to complete the company's established strategy immediately after taking over Qingyun Investment, and only spoke after being forgiven: "Chairman, you mean
It doesn’t make sense that Chairman Gong Hongjia would reject the group’s request to invest in the company?
He wouldn't let the money go unearned, would he? "
Although Hikvision's stock price is high, it is not easy for major shareholders to cash out. For example, Zhejiang Oriental Group, another major shareholder of Hikvision in the future, only held 5% of the shares, and it took it several years to cash out.
The cash-out price is also not satisfactory. People like Li Zehua who used 200 billion and exclusive sales resources to purchase 40% of the shares are simply giving benefits to shareholders of listed companies.
Cash out at a price higher than the market price and recover all costs at once. The net profit is hundreds of times the investment principal, and a portion of shares can be left for cashing out at a high price in the future and continuous dividends.
It's almost hard to find even with a lantern.
If Li Zehua had not come from the future and knew the development trajectory of the security monitoring market and the urgent need for similar technology to support the group's business, he would not have spent a huge price to buy shares.
The best way is to find a security company in the market that has a complete set of technical patents. After taking full control of the company, you can create a global security giant just by doing your own business.
However, there are too many places where time travelers can make money, and the business under Qingyun Group cannot wait too long. The first batch of core components of Roewe has begun to be assembled in Dongguan.
If nothing unexpected happens, all test preparations before mass production can be completed as early as October. The three foundries, Zhaoxu Electronics, BYD Electronics, and Huaixu Electronics, are working at full capacity.
The production planned in the meeting alone is 10 million units in October, and more than 120 million units in November and December. After three months of running-in, the equipment production lines and the proficiency of technical workers have gradually improved.
The target production volume is set at more than 11 million units by January 1. The annual sales volume for 250 will be determined by the lowest estimated production volume of around 11 million units (including Southeast Asia and South Asia markets).
By then, domestic and foreign smartphone users will usher in the first wave of growth, and many companies that rely on mobile traffic to survive, such as online car-hailing, mobile Internet payments, and the sharing economy, will see their growth.
This year will see a complete transformation!
Theoretically, whoever seizes the incremental mobile Internet users in 11/12 will have the initiative in the mobile era. In history, Baidu and Sohu have proven this with their bloody lessons.
In order to welcome this day, Li Zehua is frantically stockpiling funds and clearing obstacles for core business at all costs. Anyone who stands in his way will be killed without hesitation.
200 billion to buy 40% of Hikvision's shares will save the group a lot of time. With the added value of the Qingyun system, Hikvision's peak market value in the future will definitely not be as low as to billion RMB.
The more important it is, the less he can tolerate uncontrollable factors. Li Zehua said ruthlessly: "The prerequisite for signing a contract with the 52nd Institute is that Gong Hongjia must sign an equity transfer agreement.
It is impossible to accept proxy holding. You have to make the group's clear attitude clear.
It is 2pm now, and the stock market closes at 3:30pm. One and a half hours is enough. After the market closes, I want to see Hikvision issue a suspension announcement. If not, you must immediately terminate the negotiations and return to Shanghai."
Yao Xiangjun was a little amused and helpless. His boss was good in every way and was willing to share resources and benefits, but he was very impatient with voices opposing him and would always force people to choose between two options.
But he is the boss, so he has the natural right to have the final say.
While waiting, he began to greet his management and convey the final decision from the boss. Everyone was used to it and the previous tasks were not completed well.
Wu Yibin was punished, Qin Lang was scolded, and a vice president in charge of negotiating the acquisition was directly fired. God have pity on him, he invested in the secondary market and earned over 100 million in net profit for the company.
Just because he ignored the negotiations on equity investment in the target company, he was fired by his boss, and the entire primary market M&A investment department was disbanded on the spot, and all the staff were fired.
Even if you create huge profits, you can't escape the boss's iron fist. Who would dare to go against the wind?
……
In the Hikvision conference room, things were almost discussed. As the co-founder and second largest shareholder, Gong Hongjia convinced Chen Zhongnian and Hu Yangzhong without much ado.
Although Qingyun's words are grandiose, the money he gave was indeed petty. He took 150% of the 25 billion yuan of state-owned assets and let the nd Institute happily arrange the transfer of shares.
Gong Hongjia was only given 50 billion yuan and he still wanted to take 15%. This is clearly a disdain for the resources in the hands of the management, and this attitude has not yet been reached.
Once Qingyun becomes Hikvision's controlling shareholder with a 40% stake, it is possible that he will interfere with the company's daily management at will. Given Li Zehua's relationship with the State-owned Assets Supervision and Administration Commission, the Electronic Technology Group will definitely stand on his side.
Who will be in control when a major shareholder holds an absolute majority of 63% of a company's shares?
But if the shares are transferred in a step-by-step manner, it will be different. The performance growth promised by Qingyun will have corresponding assessments, and if an accident occurs in the middle, there is still room for turnaround.
Chen Zhongnian and Hu Yangzhong had similar concerns and did not refuse. After all, in the industry, equity delivery is based on the degree of completion in performance betting.
If Qingyun Group is truly sincere, it should follow the established rules.
But when Gong Hongjia was full of confidence and wanted to take advantage of the opportunity, Yao Xiangjun refused without hesitation, "Mr. Gong, it seems a bit unfair for you to do this. I have discussed this with you through the State-owned Assets Supervision and Administration Commission before.
You didn't mention this during the two months of communication, but now this condition suddenly pops up and you say you don't want cash compensation, which confused me for a moment.
If you think the acquisition price is too low, then why didn't you object when the group evaluated the resources provided by the group?
Also, don't think that I don't know that you and some people in the 52nd Institute bought the company's stocks in the secondary market to make a profit, but these are small matters and harmless.
The key is the consequences of playing tricks on Qingyun Group, you have to think carefully."
After saying this, he turned to the astonished Chen Zhongnian and said, "Mr. Li Zehua, the chairman of the group, entrusted me to tell Mr. Chen that he wants to see Hikvision's sincerity before 3:30 pm.
Abnormal notifications involving changes in the identity of the company's actual controller and other major events will result in the stock being suspended indefinitely."
Gong Hongjia stood up and shouted: "This is impossible, I haven't agreed yet."
"Boss Gong, what do you mean?"
Yao Xiangjun was a little confused. "Even if you don't want to sell your share, according to the agreement between us and the 52nd Institute, and reported to the Electronic Technology Group for approval.
The transaction involving 25% of Hikvision’s shares should also be suspended.”
What could Gong Hongjia say? Should he tell him that because of Qingyun’s contact with Hikvision, many people felt that it was profitable, and even Ali, Fuxing, and Panjiang Group couldn’t help but enter the market to participate in the transaction?
There were also some internal executives who took the opportunity to buy some shares. If they were not worried about being regulated, they would even want to contact the hot money in Jiangsu and Zhejiang to push Hikvision's stock price to the sky.
There were people who really intended to do this and even asked someone to find Li Zehua, but the latter scolded them and threatened that the China Securities Regulatory Commission was paying close attention and that those who were not afraid of death should just go ahead. Only then did this dark wind dissipate.
Are you kidding? For a company that has only been listed for a month, state-owned shares are publicly traded in the primary market, which in itself is a violation of securities trading rules.
If the State-owned Assets Supervision and Administration Commission had not seen that the public premium was nearly 50%, and considering the resource shareholding, the actual premium was over 100%, this loophole would definitely not have been opened.
Since the formal process has to be followed, of course the China Securities Regulatory Commission has to be asked to intervene in advance. After some investigation, the latter considered trading in the primary market, and Qingyun Group was also willing to extend the lock-up period for holding shares.
It will not harm the interests of secondary market investors, so it was allowed to proceed at the suggestion of relevant parties.
Even so, there are people who build positions based on insider information, preparing to cash out and leave after the continuous good news pushes up the stock price. If it weren't for Li Zehua's words, these people would have made at least tens of billions.
In the end, only a mess is left, with shareholders who bought at high prices being left standing on the mountaintop, and Qingyun Group has to take the blame.
Li Zehua would not do such a stupid thing. He called Wang Shuji of Pengcheng in advance and asked the Pengcheng government to inform the Shenzhen Stock Exchange and let the latter send a letter to include Hikvision in the key monitoring scope in advance.
All transaction accounts involving more than 50,000 yuan are under close monitoring to curb the unhealthy trends, but it is unknown whether there are people who bypass this layer of protection and make purchases secretly.
Fortunately, the deal was reached within two days and the inside information did not spread that quickly. As long as the stock was suspended indefinitely today, not many investors would be deceived.
Gong Hongjia didn't dare to speak directly, so he could only beat around the bush and say, "According to the law, when state-owned shares are traded, if it affects the controlling position of state-owned assets, it must be approved by the relevant departments. Now that Qiantang, Zhejiang Province and the State-owned Assets Supervision and Administration Commission have not signed, the contract is not valid yet, and the company does not need to suspend trading in advance."
Chen Zhongnian understood a little, but didn't say anything. He was weighing the pros and cons. Hu Yangzhong simply stopped participating. He always felt that something was wrong.
Yao Xiangjun sneered, "It seems that Mr. Gong hasn't figured out the situation yet. I forgot to mention one thing here. The Zhejiang Provincial Government has already given the go-ahead, and the State-owned Assets Supervision and Administration Commission has no problem with it either.
In addition, Qingyun has already obtained the voting rights for 5% of the shares of Zhejiang Oriental Group. Even if we do not have the shares in Mr. Gong’s hands, we will be able to force our entry through a vote at the shareholders’ meeting.
However, if it comes to that, a major purge of the current management will probably be inevitable.
You three don't want to continue quarreling, right?"
Chen Zhongnian could no longer sit still, "What?"
After getting another affirmative reply, he couldn't wait to take out his phone and make a call.
The chairman of Zhejiang Province Oriental Group did not hide it from him, "Mr. Chen, who dares to refuse what the higher-ups ask?
It would be great if everyone could get along and make money together."
Chen Zhongnian said in a deep voice: "Then you don't have to hand over the voting rights without saying hello, right?"
"I mentioned it to you before."
The chairman of Zhejiang Dongfang Group looked innocent, "The current price of cotton has risen from more than 1.3 yuan to nearly 1.7 yuan now. The U.S. agricultural department has been spreading rumors every day, saying that cotton planting data has plummeted.
Seeing that the price surge is inevitable, the Oriental Group must also consider its own future. "
Gong Hongjia couldn't stand listening any longer, "What does it have to do with you giving the voting rights to Qingyun?"
"Come on, don't you guys ask around?
Qingyun Group has stockpiled 100,000 tons of cotton in Yongcheng Port, Yangshan Port and other places. Now textile companies across the country are lining up to cooperate with them. "
The voice on the other end of the phone said in one breath, "Zhejiang Province Dongfang Group started out in the textile industry, which involves the vital interests of hundreds of thousands of people in the province. Is this a joke?"
In fact, the amount of cotton purchased and transported back by Li Zehua through various channels has exceeded one million tons, plus the cotton purchased in Western Region Province and other regions.
A conservative estimate is over 250 million tons, which can supply the material needs of textile factories across the country for nearly half a year. With such a large volume, it is inevitable that some interested people will notice it.
Li Zehua had to release part of the inventory to confuse the public, and only by mixing the true and the false could outsiders be unable to get a glimpse of the full picture.
Of course, in the Zhengzhou Futures Exchange of the cotton futures market and the Chicago Futures Market in the United States, Qingyun has made a lot of money from the long positions and bullish options he held.
If he was not worried about the United States imposing early sanctions, he would have wanted to blow up all the shorts, then sell all the shorts and then beat up the four major international grain traders again.
However, his strength does not allow him to do so. If he really creates a hole of tens of billions, Situ Capital will definitely ask the American government to intervene and limit the import quota of Dongda's textile industry.
By then, the situation will be truly irreversible.
He had it all planned out. In late September or October, he would sell all of his cotton stock at the purchase price set by the state reserve. He would let the state reserve and COFCO confront Squidward Capital, and then he would short sell.
It is enough to make a few billion dollars in pocket money. Anyway, there are tens of thousands of trading aliases. By the time Squid Capital spends time and effort to investigate them, it will take a long time.
Maybe by then, the two families would have already fought to the death, and this one conflict wouldn't have mattered.
"How many resources does Qingyun have? Why do we ask the textile industry to give it face?"
Gong Hongjia was stunned for a moment. He thought that the management might defect for the 5% option reward, but as long as the two key figures Hu and Chen supported him, there would be no problem with the votes of the employee stock ownership agency.
Considering the publicly traded shares held by several other shareholders and affiliated companies, he may not necessarily lose. With so many people opposing, the Electronic Technology Group may not dare to go its own way.
By then, he could reach better conditions, take advantage of his control over the management, quietly tamper with the operating data, and openly steal the remaining share rewards of Qingyun Group.
This plan cannot be said to be perfect, but it is indeed feasible. As long as the resources promised by Qingyun Group are in place, it will not be a problem for Hikvision to have a market value of over 100 billion yuan in the next three years.
By then, the value of the shares agreed to be transferred each year will easily reach hundreds of billions. Who would not be tempted by such huge benefits?
Now that the Zhejiang Province Oriental Group had suddenly defected, all his plans had failed. The allies he had originally thought to be solid allies rushed to join him, causing him to become timid before the battle even began.
Yao Xiangjun struck while the iron was hot and pressed forward step by step, "Our CEO Li just called and said, if you think the conditions offered by Qingyun Group are not in our own interests.
Then we can part ways amicably and pretend that nothing happened. The group will look for other partners in the market, but by then, everyone will be in a competitive relationship and make a living based on their own abilities.
As for Mr. Gong, our boss also has something to say to you. Qingyun Group now has hundreds of billions of dollars in cash in its overseas accounts. If you are willing to cooperate, we can get rich together.
It doesn’t matter if you don’t want to give up 15% of your shares, but as long as Qingyun enters the market, there will be no place for you here in the future.
Whether we become rivals or friends depends on whether Mr. Chen is willing to issue this suspension notice. "
After that, he asked considerately, "Do you want me to wait outside for a while so that the three of you can continue to communicate?"
Chen Zhongnian shook his head and said, "Let's do as we agreed before. We will achieve three new performance milestones in three years. If we fail to do so, Qingyun Group will make up the difference by increasing its share price by 50% every year.
I think this condition is sufficient to protect the interests of the company. What do you think, Mr. Gong?"
What else could Gong Hongjia say? He could only remain silent.
His headache now is not whether Qingyun Group will invest or not. He only holds 28% of the shares, so there is no need for him to really object.
He could even imagine the consequences of his refusal to sell 15% of his shares, which was that after Qingyun Group obtained the support of most shareholders, it would definitely rely on its advantage in financial scale.
Continue to invest in new projects, develop new technologies, and then wait for a good opportunity to continuously request capital increases and share expansions.
It's okay if you don't follow. At most your shareholding will become smaller and smaller until one day you are kicked out of the board of directors.
and?
People have made it clear that if he hurts others with the scale of his capital, he will definitely get the support of other shareholders and will not be allowed to get the shares from the capital increase and stock expansion.
After all, once they fall out, they can just start a new business, and then Hikvision's ending will be even more miserable.
After thinking all this through, Gong Hongjia decided not to believe those people's lies anymore. This was Zhejiang Province, the base camp of those who had made promises to him. Even the Zhejiang Provincial Government had let him go.
Why would he use his own interests to vent other people's anger?
"Boss Chen, I'm not feeling well. I'll give up my rights for the rest of the matter. You can handle it."
After saying that, he dragged his tired body out, and when he passed by Yao Xiangjun, he couldn't help but look at him again, "Boss Yao, you win.
But Mr. Li's method of using power to pressure others is not very clever."
"Oh? It matters. At least I won.
Also, Mr. Gong, don’t forget that you still have 13% of the shares left. In two or three years at most, its value will increase several times.
This is equivalent to the initial investment of more than 200 million, which has at least increased by times. Is Mr. Gong still not satisfied?"
After hearing Yao Xiangjun's question, Gong Hongjia said nothing and left.
……
The most confused people at this moment are the investors who bought Hikvision shares. They have never seen such a bizarre announcement.
"Fuck, are you crazy?
More than a month after listing, the actual controller of the company is about to change, state-owned assets are withdrawing, new players are entering the market to take over, and the company has been suspended indefinitely. Can the stock market be played like this?" (End of this chapter)