The Wealth Empire Crossing the Hong Kong

Chapter 250 Sale of Huihong Group
On the bright side, Li Jianhui is very poor. The funds in his own account are less than [-] million Hong Kong dollars. For the funds of Phoenix Technology Group, he had to sell the shares of Huihong Group again.

Li Jianhui did not wait for news from Xoss, nor did he return to the Wheelock Building, but went directly to Huihong Group.

The name of the company has been decided, and now there is a lack of a helm, and this person Li Jianhui is going to let Huang Guangxing take over.

For his own better development, Li Jianhui planned to play a big one this time. He discussed with Huang Guangxing, Wang Haichuan, and Yang Chengbin for more than two hours.

The next two days were uneventful, and everyone was resting on the weekend, but the news of the Jiashi news live broadcast shocked the entire Xiangjiang River.

Huihong Group, a legendary company in Xiangjiang, held a press conference. The group industry was split into two, and game development and manufacturing still belonged to Huihong Group.

Printed circuit boards, chip packaging and testing, wafer production, chip R&D and design are incorporated into the newly established Huaxin Technology Group.

If this alone was not enough to surprise everyone, then the announcement by Su Jiangting, the general manager of the administrative department, shocked the media present and the audience in front of the TV.

Huaying Bank, the largest private bank in Vancouver, spent HK$120 billion to acquire Li Jianhui's 40% stake in Huihong Group, becoming the largest individual shareholder of Huihong Group.

The reporters and the audience in front of the TV were surprised at the huge amount of the acquisition. You must know that Huaxin Technology has been spun off, and the valuation still reached [-] billion Hong Kong dollars.

What is surprising is that from this moment on, Huihong Group is no longer owned by Li Jianhui. The group that Li Jianhui started and created countless miracles did not expect to leave the control of Li Jianhui and Xin Jianhui so hastily.

At this meeting, Su Jiangting also announced that President Huang Guangxing, Vice President Yang Chengbin, Chief Financial Officer Zhang Qijun, and herself resigned from all positions in Huihong Group, and the handover will be completed on Monday.

The new chairman of the board of directors of the group will be Lin Baosheng, the president of Huaying Bank, and Wang Haichuan, the vice chairman of the board of directors, will be the president of the group.

When everyone heard it, Li Jianhui's direct line chose to leave directly. It seemed that he had completely lost the control of Huihong Group. Produced a hit game.

At the same time, through this press conference, Su Jiangting also announced Yang Chengbin as the chairman of the board of directors of Huaxin Technology Group.

However, the positions of Huang Guangxing, Zhang Qijun and herself were not announced at the meeting.

In addition to Su Jiangting, Lin Baosheng and Wang Haichuan also attended the press conference.

As for the four major shareholders of Yuntao Investment Company, Lanfeng Holdings, Li Jianhui and Li Chunxue, they did not attend.

The current shareholding of Huihong Group is Huaying Bank, which accounts for 40% of the shares. Li Jianhui is the second largest shareholder, accounting for 29%. Lanfeng Investment Company is the third largest shareholder with 20% of the shares. The fourth largest shareholder, Li Chunxue's 10% stake is the fifth shareholder.

As for Huaxin Technology, Li Jianhui still holds 69% of the shares, Lanfeng invests 20%, Yuntao invests 10%, and Li Chunxue 1%.

Faced with such an explosive press conference, how could these reporters let it end so easily.

Immediately after Su Jiangting announced the end, a reporter asked: "Miss Su, why didn't Li Sheng attend this press conference?"

This question made Lin Baosheng quite depressed. He should be the protagonist today. These reporters don't ask him, how can they ask Li Jianhui.

Lin Baosheng is of Chinese descent in Vancouver, his father is Chinese, his ancestral home is in Shanghai, and his mother is a native of Vancouver.

The Lin family is still well-known in the Chinese community in Vancouver. Shengfeng Bank, the predecessor of Huaying Bank, is the main business bank for Chinese people in Vancouver.

In the past few years, due to economic inflation in Europe and the United States, Canada has not escaped this economic crisis, and the Lin family industry has encountered relatively serious problems.

At the beginning of the year, Huaying Investment specially investigated a number of banks in Vancouver, and finally approached the Lin family. After many negotiations, they promised to provide the Lin family with [-] million Canadian dollars to help the Lin family's industry through the difficulties after purchasing the bank. The bank is in the bag.

Huaying Holdings raised 95 billion Canadian dollars to finance Shengfeng Bank. After the financing, Huaying Holdings held 5% of the shares, and Lin Baosheng held [-]% of the shares.

Therefore, the bank changed its name to Huaying Bank, Huaying Holdings President Williamson served as the chairman of the bank's board of directors, and Lin Baosheng continued to serve as the bank's president.

He originally wanted to expand the branch of Huaying Bank in Canada, but he didn't expect Williamson to let him come to Xiangjiang directly to sign the acquisition contract on behalf of Huaying Bank.

In fact, he was somewhat dissatisfied in his heart. It seemed to him that it was extremely uneconomical to spend such a huge amount of money to come to Xiangjiang to acquire Huihong Group. It would be better to acquire some potential industries in Canada, which would be more conducive to the development of Huaying Bank.

It's a pity that the current Huaying is no longer the Shengfeng it used to be. This bank is now in the hands of Williamson. Although he is the president, he doesn't have much autonomy.

Even the management of Huihong Group is arranged by Williamson. He is just a name in this group, and his focus is still on Vancouver and Huaying Bank.

Su Jiangting doesn't care about Lin Baosheng's feelings. She is not in a good mood now. The group she works for is actually the first company that Li Jianhui and Xin Jian's department lost their controlling interest in.

Moreover, the notice she has received so far is only to resign from her current position, and the specific arrangement has not been made out. Even if it is clear that she will definitely be arranged for a job, but until the specific job is not determined, she still feels a little bit uneasy.

"Li Sheng has a lot of affairs, and today's press conference has nothing to do with Li Sheng, so Li Sheng did not come to attend."

"Miss Su, Huihong Group is the group that Li Sheng started from. It is also because of Huihong Group that there is now a huge Xinjian Department. At this time, Li Sheng chose to sell Huihong Group. I wonder what Li Sheng's considerations are?"

"As for why Li Sheng sold Huihong Group suddenly, I don't know very well, but I believe that Li Sheng did this for the better development of Huihong Group and the Xinjian Department."

Today's press conference is destined to be a spectator for Lin Baosheng. Xiangjiang is Li Jianhui's home stadium, and Huihong Group is the company that Li Jianhui started. Regarding the sale of this company, all parties' attention is on Li Jianhui.

The reporters' questions today were basically about Li Jianhui. As for Huaying Bank and Lin Baosheng, they directly ignored them.

The upper echelons of Xiangjiang are also undercurrents. Countless bigwigs are guessing what Li Jianhui's intentions are. Huihong Group is a money printing machine, and its profits are directly catching up with HSBC Bank. Even if it goes public, it will be better than such a direct share transfer.

They believe that if Huihong Group goes public, its share price will definitely exceed [-] billion Hong Kong dollars, or even [-] billion Hong Kong dollars.

Some forces felt that the reason why Li Jianhui sold Huihong Group was because he was worried that the Japanese and American markets would restrict the sales of Huihong Group's game products, so he adopted this method.

And through this fire sale, Li Jianhui, who has an extra HK$120 billion in his hands, will set off a storm no matter where he uses it.

Tian Qijiro and Hamasaki Hiroshi immediately reported what happened in Xiangjiang to Tokyo, and at the same time kept a close eye on the movements of Li Jianhui and the Xinjian Department, especially Huang Guangxing.

This is the direct descendant of Li Jianhui's direct line. After leaving Huihong Group this time, the new position can determine the next key development direction of Li Jianhui and Xin Jian's department.

　Thank you book friend Yunxiang Wings for rewarding 1600 coins

　　Thank you for your subscription support

　　Thank you for your monthly tickets and recommended tickets for your support

　　
　
(End of this chapter)