People in Hong Kong create super chaebols

The ultimate reason why Yan Chengkun wanted to meet with Su Cheng this time was to understand Su Cheng's plans for the future of Zhonghua Bus after acquiring Zhonghua Bus.

After all, Tianyuan Investment Company holds more than 50% of the shares, and the Yan family has no chance of turning around unless Su Cheng voluntarily gives up control.

But is it possible? This kind of thinking is just a dream, it is just a whim.

Therefore, he wanted to come and find out how Sioux City would treat China Bus after taking control of it, and then decide whether to leave or keep the stocks in his hands.

With a 33.3% stake, it is basically the largest shareholder among many listed companies and the company’s controller.

However, facing a pervert like Su Cheng who likes direct holdings, even if the Yan family controls 33.3%, it is of no use.

The most important thing is that after the Tianyuan Investment Company publicly announced the news, the Yan family discovered belatedly that their home base had been taken away.

It can be said that they were really aggrieved at losing and didn't know where to find reason.

Su Cheng's words were indeed extremely benevolent. After all, he gave the Yan family one day to make a decision.

Now, before Huang Chiguang announced his stock sales, no one in the stock market knew how many shares of China Bus Su Cheng owned. In this way, everyone would think that the Yan family would definitely resist Tianyuan Investment Company. acquisition, and a takeover battle with Tianyuan Investment Company in the stock market.

However, no one knew that this war would end before it even began.

The gap between the two sides was really so big that after the Yan family learned the news, they had no idea of ​​resisting.

How to resist? If you continue to resist tenaciously, it is just a useless effort and will only bring more losses to the Yan family.

The reason why Su Cheng asked the Yan family to sell the shares was because he already knew that China Bus could not hold too many shares. In this case, holding nearly 51% of the shares was enough.

Just like Hong Kong Electric Group, Sioux City only controls 52.9% of the shares.

Moreover, at this time, it is impossible for the Yan family to sell the shares they hold at a low price. After all, the stock price on the stock market clearly shows that if they want to acquire the China Bus in their hands, they have to wait until the stock price of China Bus drops to a price that satisfies Sioux City. .

Hong Kong Electric Group and China Bus are the same. They are both listed public utilities. Even if Sioux City wants to control more, the government will not allow it. In this case, why should Sioux City do too much useless work?

As for the Yan family's shares, you can do whatever you like with them. They no longer have the right to decide anyway.

Of course, Su Cheng would prefer that they dump all their shares, so that China Bus would still be under his control.

If in the end the Yan family wants to sell off its shares completely, but no one can be found to take over the shares, and the market cannot absorb so much, Su Cheng can naturally buy out the remaining shares of the Yan family at that time. However, although Su Cheng could buy it, he could not buy it in his name, but secretly bought it in other identities. After all, Zhang Qizheng also promised the government that he would control about 50% of China Bus shares, and a few more It doesn't matter if there are more than or points, but the government will definitely not allow it.

In addition, the market must eventually retain about 20% of the shares, controlled by shareholders. This is a mandatory requirement of the government, and it is difficult for Suzhou City to undermine it.

Of course, there is another way for Sioux City to completely control China Bus, or even acquire 100% of China Bus. That is to let China Bus completely give up its bus operating rights, but Sioux City has no such idea for the time being.

Although bus operation is not very profitable, and the money earned in a year is only Su City's pocket money, operating buses can enhance Su City's prestige and make some small money. Su City does not intend to give up its bus operation rights.

In terms of food, clothing, housing and transportation, Chunghwa Bus is one of the most important representative enterprises in Hong Kong. The importance can be imagined.

Therefore, instead of giving up, Sioux City also plans to carry out a major renovation of Zhonghua Bus after it completely takes over Zhonghua Bus. For example, all the buses that are about to be scrapped will be replaced with new ones; and the service aspect will also be completely overhauled. To change, we cannot treat customers with an indifferent attitude as in the past. We must completely change the public's impression of Chunghwa Bus.

Before the Yan family sold its shares, although the Yan family could not deny Sioux City's business decision on China Bus, after all, he was the second largest shareholder with 33.3%, had supervisory power, and was controlled by the Yan family. Having been with China Bus for so long, they know it well. Under their supervision, once Su Cheng does something that is beneficial to itself and harmful to the company, the Yan family can report it to the stock exchange.

Although Su Cheng had no idea in this regard, he was not so comfortable with one person supervising him.

Therefore, Su Cheng certainly hopes that the Yan family will sell their shares.

This is another reason why Su Cheng specially set aside a day for them to consider.

Of course, it is almost impossible for the Yan family to sell all 33.3% of the shares in the market, unless the price is ridiculously low. After all, everyone now knows that Sioux City is acquiring China Bus, and Sioux City’s acquisition is listed on the market. Enterprises are all developing rapidly.

Just like HK Electric Group, compared with the HK Electric Group when Sioux City acquired it, today's HK Electric Group's monthly turnover has increased by more than 50%, and these are all disclosed in the financial statements.

In the future, as HK Electric Group expands in the real estate industry, its turnover will continue to rise sharply. For this reason, the current stock price of HK Electric Group is naturally very high. Compared with before, the stock price of HK Electric Group has now It has become one of the best choices for financial management in the Hong Kong stock market. After all, high profits mean high dividends. If it is a long-term investment, buying HK Electric Group stocks is naturally very suitable.

The most important thing is that everyone has enough trust in the Su Cheng brand. In just over a year, Su Cheng has conquered everyone in Hong Kong.

After hearing Su Cheng's words, Yan Chengkun calmed down and didn't say anything more.

After a long time, Yan Chengkun said again: "Mr. Su, thank you very much for giving us a day to think about it so that we can have more choices. No matter what, our Yan family accepts this idea. Whether to keep it or sell it, I don't care." I have to go back and discuss it with my family before making a decision. If there is nothing else, I will go back first."

"Okay, then Mr. Yan, go ahead and get busy. No matter what, Mr. Yan is our senior in the Chinese business community in Xiangjiang. Your past achievements are all worthy of my admiration. I welcome Mr. Yan to come over for tea at any time." Su Cheng He said with a smile, and had no intention of staying with Yan Chengkun any longer. (End of chapter)