Start from 1980

Chapter 945
"What's wrong?" Tang Wanru took it over and carefully opened it.

It is the file of the Beijing Jeep.

Since the beginning of summer, Jeep's cooperation projects have gradually become bleak. Although Shengshi has invested a lot of capital and technical strength, and the local government has spared no effort in financial support, the corporate benefits have not been ideal.

China does have 10 billion consumers, but few of them can afford what this company makes, despite already low labor costs.

This company was taken over by Su Chen from AMC, and after that, adjustments were made, but the dream and reality finally clashed.

Tang Wanru closed the file: "Should this project be stopped?"

"Let's stop for a while. Too much effort has been put into this project, but it seems that there is little gain. There is no need to increase investment for the time being. And this year, we will reduce investment in the mainland."

Su Chen said, "I will inform you when we will increase our efforts. Let's manage Hong Kong's industries first."

"Understood, then I'll take a look at Hong Kong Telecom first, and if it's suitable, I'll buy it," Tang Wanru said.

This one must be bought, and there will never be a Yingke in the future, and there will only be Shengshi Telecom.

After waiting for a long time, He Shanheng finally sent back a message.

He expressed his willingness to accept the relevant conditions, and Shengshi wanted to guarantee that after the acquisition, Hengchang would not be "destroyed" and old employees would not be dismissed, and Hengchang's business would flourish in their hands.

Su Chen naturally agreed to this condition.

Despite He Shanheng's careful selection, Shengshi's conditions are too superior, and he has no choice but to agree. Even though Lin Xiutang was given such a long time, Lin Xiutang could not come up with any other solution except to join other consortiums to split Hengchang.

The two sides held a press conference in Hengchang on August 8.

The reason for holding a press conference is because He Shanheng and others are worried that Shengshi will backtrack.

When Su Chen and Tang Wanru arrived, He Shanheng and others had already arrived.

Moreover, the reporters had already been waiting here. When the people from Shengshi came, the cameras and video cameras started working immediately.

The TVB reporter almost put the microphone in Su Chen's mouth: "Hi Dong Su, after the acquisition of Hengchang, will it be privatized?"

"Privatization is based on the level of privatization we need. However, Hengchang has hundreds of shareholders and is not listed. It must not be privatized. In addition, I have promised Mr. He and other seniors that Shengshi will not split Hengchang."

Su Chen talked eloquently, "At the same time, I also guarantee that if the employees do not commit principled mistakes, the company will treat them well."

"Hi Dong Su, what is the purpose of Shengshi's acquisition of Hengchang?" Another reporter asked.

Su Chen smiled and said: "There is no purpose for this, because Hengchang fits our business and meets our acquisition standards. The cooperation between the two parties is the key to going further."

"Su Dong, I would like to ask, I heard that it was Shengshi who bought Columbia Films earlier, is this news true or false?"

"I think the American media has already reported this issue very clearly. It was acquired by a Japanese company named Tiandu, so please don't spread rumors or listen to rumors."

"Su Dong, is it true that Shengshi is going to launch his own private satellite?"

"This is of course true, because our business coverage is too wide, and conventional means of communication cannot meet our needs. Launching satellites is a necessary choice."

Another person asked Tang Wanru: "Miss Mary, I heard that Su Dong and his artist Zhang Yan met with Yongsheng's Mr. Xiang Huasheng last night. What do you think of this matter?"

"Look at it with your eyes, Su Dong is not a child, and Zhang Xing is not a child, so I can't just stare at him all the time, right?" Tang Wanru said, "And if there is no side story about Su Dong, probably a lot of media I can’t find any reports with gimmicks.”

"..."

After finally getting out of the crowd, He Shanheng and others came up to him.

"Su Chen, Mary, hello."

Everyone greeted briefly, and then the two sides sat down on the rostrum.

Baoyuan Investment, the financial advisor of Hengchang Enterprises, spoke first, saying that Hengchang's shareholders accepted the acquisition proposal.

At present, 97% of shareholders have accepted Shengshi's acquisition of Hengchang at a price of 390 yuan per share. Shengshi arranged for Tang Wanru to replace He Shanheng as the chairman of Hengchang's board of directors. The most important thing is that Shengshi exclusive acquisition!

In other words, in this 71.8 billion acquisition case, Shengshi did not issue new shares to raise funds, all of which were paid by themselves!

Everyone in the audience was stunned.

Fuck, it's so rich, more than 70 billion Hong Kong dollars, in the hands of Shengshi, it's like dozens of dollars, it's too exaggerated.

Previously, Su Chen estimated that Hengchang's market value was about 70 billion Hong Kong dollars, which is not much different, and this data has been confirmed by him.

From the perspective of the founder of Hengchang, the purchase price of 390 Hong Kong dollars per share is already higher than other people's valuation. Even though the goodwill is given to the buyer for nothing, he is still quite satisfied.

Because the founders are old and their descendants are unwilling to inherit the business, they were able to sell the largest Chinese-funded firm in Hong Kong in its heyday and make proper arrangements for the old employees. Finally, there is an explanation.

After the two parties signed the document, it represented that Shengshi once again acquired the old company Hengchang.

When everyone shook hands, the cameras and cameras of the reporters never stopped, they kept clicking and clicking.

Su Chen said, "I have talked with the founders of Hengchang before, and I will not split this company. Today, in front of the reporters present, I reiterate that Shengshi will not split Hengchang. "

Someone in the audience asked, "Su Dong, will the acquisition of Hengchang affect Shengshi's finances?"

Su Chen shook his head: "Not for the time being, although Shengshi has a small business now, it still has ample cash flow, and we paid the money to Boss He and others in real and fake silver, and now the money has passed through Standard Chartered bank transfer."

Small business?

Everyone scoffed. They have seen shameless people, but they have never seen such shameless people.

If the prosperous age had a small family and a small business, wouldn't these people be worse than beggars?

Someone asked again: "Su Dong, can you disclose Shengshi's current net worth?"

"It's hard for me to answer this question, because many industries of Shengshi are not listed, but the business scope of Shengshi has expanded from real estate, investment, automobile, aviation, shipping, film industry, etc. to sales, grain and oil agency."

Su Chen said: "Although many of our companies are not listed, we have always been honest, pay taxes seriously, and be a company that keeps its own footing."

The press conference is almost over.

Everyone invited friends in the circle and had a simple meal, and the transaction was successfully concluded. However, during the meal, Lin Xiutang's eyes were always cloudy, and Su Chen didn't take it seriously.

"I didn't expect you to buy Hengchang without saying a word." When Boss Rong faced Su Chen, he felt that his luck had been taken away, because he was also planning for Hengchang, but he didn't expect to be caught first.

Su Chen said with a smile: "This time, we didn't say anything. We all held a press conference."

"Shengshi's acquisition of Hengchang, is there really no other consortium involved?" Boss Rong asked a little bit unwillingly.

Su Chen shook his head.

During the reception, various newspapers in Hong Kong once again reported about the flourishing age.

Everyone has a feeling of being dominated by the prosperity...

(End of this chapter)