Restarting life in Siheyuan

For such a large-scale share transfer, the two foreign companies must be extremely cautious, and the negotiation standards must be top-notch. It will not be like before when there were two big bosses in charge. Now, with the size of Dongsheng Company, this kind of thing must be handled by the board of directors.

A few days later, at the third quarter board meeting of China Eastern Airlines, when everyone had enthusiastically reviewed the third quarter financial report and was full of hope for the follow-up, especially for the first dividend, Wu Qianqian, on behalf of the largest shareholder, Dongsheng Company, announced that it was willing to conduct unlimited share transfers among shareholders.

"Ms. Wu, did I hear correctly? Dongsheng Company is willing to sell shares of China Eastern Airlines?"

The representatives of the foreign companies were shocked. China Eastern Airlines had absolute control, holding 79.62% of the shares, while the other two foreign companies held less than %, and the Sir and Prince held even less.

This is a golden chicken. Now it is a highly profitable industry with extremely high profits. Take China Eastern Airlines for example, with a profit margin of over 30%. The two foreign companies have wanted to expand their shares many times, but Dongsheng Company has not relented and has always been trying to dilute the shares of the two foreign companies in various ways, which makes the two companies very depressed.

"You are right. Our head office is facing some financial difficulties, and the local economy of Hong Kong continues to be sluggish. After careful consideration, our company has decided to adjust its investment strategy and increase investment in global market development. As you know, due to the limited financial situation of our company, the development of the airline in recent years is actually lower than our initial development plan. We are very sorry for this. It is because of our company's financial problems that have dragged down the rapid development of China Eastern Airlines."

"You just acquired a bank and a building, and you said your company is short of funds, Ms. Wu, you are kidding."

The HSBC director narrowed his eyes and spoke with a smile. As everyone knows, the richest company in Hong Kong now is not the four major trading companies, but the Dongsheng Company. Its tentacles have extended to the whole world, and it is a behemoth that is unmatched in Hong Kong.

"Mr. Shi, it is precisely because of this that we are in even greater difficulty. As you know, in order to accelerate the development of Hong Kong, we invested in tunnels and bridges. Both projects cost a lot of money, and it is a long way to recover the cost. Who would have thought that Hong Kong's economy is now continuing to decline, which is even worse for us."

The directors present at the meeting all nodded. These two projects indeed required large investments and had slow results. Now that the economy continued to decline, it would be even more difficult to recover the costs. The only thing to blame was that Dongsheng Company had a great reputation at the time and was determined to earn a good reputation for serving Hong Kong. Now it had fallen into a trap.

Building roads and bridges are things that gentry do to repay their fellow villagers and benefit their hometown. Dongsheng Company did it all in one go, but it did not choose the right timing. Who would have known that life would become more and more difficult in recent years.

"Ms. Wu, I think your company should reconsider. We can accept a portion of the shares, but we still hope to cooperate sincerely. Only you have the ability to take us further."

The director of Zada ​​Trading Company also spoke up. No matter what reasons Dongsheng Company gave, for them, getting more shares was definitely a sure win. Hong Kong's economy was in a downturn and there were not many suitable investment projects. It was an unexpected good thing to be able to acquire China Eastern Airlines at this time. However, he knew that it was unrealistic to take over all of Dongsheng Company's shares, and they did not have any working capital at the moment, so he spoke in a tone of retention.

"Mr. Schrader, it's not that we have no other options. Who would be willing to sell the airline shares? We would like to use our real estate and buildings or two large projects as collateral for loans. We can also sell them, but no one wants them. If you two agree to mortgage our real estate or projects and lend us 100 million each, we will naturally not sell them once we have the funds."

Mr. Shi from HSBC shook his head. "NONONO, we still have a lot of bad real estate mortgages and we don't know what to do with them. We can't accept any more real estate mortgages."

"Unfortunately, it's the same for us." Mr. Schrader also shrugged regretfully, and both of them tacitly avoided the two infrastructure projects.

Real estate in Hong Kong is still declining. If you get these shares, you will see them depreciating. Foreign companies that pay close attention to balance sheets will naturally not take them over. From this perspective, it can indeed explain Dongsheng Company's decision to sell its shares. This is also a helpless move. If you want to realize the cash quickly, of course you have to sell the good stuff.

A day later, the Hong Kong Evening News reported that the shares of Dongsheng Company were about to change. The news caused a sensation for a while, but it further accelerated the decline of the property market. It is said that the Hong Kong government is extremely concerned about the development of the situation.

"The Governor of Hong Kong is angry." Zhu Xuefeng smiled and put down the newspaper. This Governor of Hong Kong has hinted several times that he wants to acquire shares in Oriental Airlines like his predecessor did, but Dongsheng Company has always pretended to be confused. For this reason, the Hong Kong government has made many obstacles for Dongsheng Company. The relationship between the two parties is now one of superficial harmony.

"How about letting him invest as well?" Xia Yuhong said with a smile. She had no good feelings towards this Bai Lao. At the high-level reception of Dongsheng Company, this
She came uninvited and was unaware of Xia Yuhong's identity, which led to a small misunderstanding. Later, she found out that she was the mistress of Dongsheng Company.

"It's not impossible. With that little money he has, 3% is the limit, unless he uses the name of the Hong Kong government. He wants to get into this trap himself, so we can't blame him."

Zhu Xuefeng smiled, the two women looked at each other, and then the three of them laughed together, and easily made the decision to drag him into the trap.

In the following days, Repulse Bay frequently received visits from senior directors of the two foreign companies. It has to be said that the motivation of money is unlimited. A month later, China Eastern Airlines issued an announcement.

After the increase in holdings, HSBC and Zada ​​held 39% and 31% of China Eastern Airlines shares respectively, becoming the first and second largest shareholders. The original Dongsheng Company's shares dropped to 17%, becoming the third largest shareholder. The Hong Kong government became the new fourth largest shareholder with 5%, and the other two shareholders each held 4%, which remained unchanged.

"Mr. Zhu, we are now one company. I hope your company can continue to contribute to the development of Hong Kong."

At the new shareholders' cocktail party, the newly appointed fourth largest shareholder was in high spirits and radiant, and took the initiative to invite Zhu Xuefeng to drink.

"Of course. The tunnel project will be completed this year. It will be convenient to travel between the two places and inject new vitality into Hong Kong's economy. When our bridge is completed, Hong Kong's economy will definitely be more positively affected. I firmly believe that Hong Kong's future is bright. Under your leadership, we will soon get out of the fog and usher in a brighter tomorrow."

Zhu Xuefeng also responded positively and happily. He couldn't help but be happy. This share transfer directly raised 1.7 million yuan in financing and also obtained more than 6000 million yuan in "non-performing assets". All parties got what they wanted.

"Well said, I also firmly believe that this day is not far away. However, Mr. Zhu, instead of waiting passively, I wonder if Mr. Zhu is interested in working with the Hong Kong government to make greater efforts to stabilize the property market and restore the real estate market."

Faced with the olive branch extended by the Hong Kong government, Zhu Xuefeng naturally accepted it without hesitation. He really wanted to take the initiative to promote the recovery of the real estate industry. Calculating the time, it is almost time. Originally, the real estate industry would slowly return to Suzhou next year. Since he can take advantage of this opportunity, why not do it.

"Okay, you are worthy of being the backbone of Hong Kong. You are responsible. We can talk about it in detail when we have time."

On the rooftop of Repulse Bay, the three of them looked at the brightly lit Victoria Harbour. "I've seen how he's been sold out and still counting money for others." Xia Yuhong smiled and Wu Qianqian also smiled. "This is an open conspiracy. No matter how smart he is, he can't escape the master's calculations."

"You two, stop talking nonsense. Who did I plot against? Didn't you see that everyone was very happy at today's shareholders' meeting? We all got what we needed." Zhu Xuefeng also laughed. He didn't expect to have an unexpected gain. The real estate business was about to start.

"Secretly talk to a few companies and ask them to pay attention to real estate. We can make money together."

After dealing with the matter of Eastern Airlines, I stayed in Hong Kong for a few more days and received many people at the Repulse Bay Villa again. These people were obviously much more simple, but they were all dressed in suits.

This is a task brought from the domestic market, which is to use the large supermarket chains throughout North America, Japan, Western Europe and Star City to speed up the variety and scale of domestic goods exported.

"How is it? Are you feeling stressed?" After seeing the guests off, the three of them discussed again in the study.

"A little bit, but it shouldn't be a big problem. Supermarkets in North America, Western Europe and Japan are all expanding rapidly. We can't eat them all now, but in a few months we may not be able to sell them all."

Wu Qianqian is in charge of the allocation of all these resources and is very clear about these data. Although she has been under some pressure from the country this time, she is still very confident.

"Based on this scale, in the future, domestic purchases just through supermarket sales will exceed 500 million!" Xia Yuhong was not very clear about these data. After seeing the agreement reached this time, she was also dumbfounded. She had been in the Ministry of Commerce for almost two years, and these data were still clear to her.

Last year, the country's foreign trade was RMB 127 billion, and foreign exchange reserves exceeded US$4 million for the first time, of which exports amounted to RMB 68 billion, or about US$28 billion. Now Dongsheng Company consumes US$ million worth of goods a year just by relying on large supermarkets! Sure enough, I can make a greater contribution to my family here.

"This number will continue to change. Don't worry, our family will become richer day by day."

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"Well, I believe it, but I don't know if my dad will still be as stubborn as before if he sees this data."

We tried to persuade Lao Xia to come out, but it took a lot of effort. In the end, there was no other way but to find other channels to get him to the autonomous region to support the aid project.

"Have you met your parents?"

"Of course, I went there twice. At first, they didn't believe that the autonomous region also belonged to us. Later, when they found out, they had nothing to say. Now one of them is working in a smelter and the other in a chemical plant. They are working very hard. I asked them to come to Hong Kong to enjoy themselves, but they were not happy about it. However, they agreed to come over and visit during the Spring Festival."

Zhu Xuefeng knew that the old couple came during the Spring Festival to see their child. According to the expected date of birth, the child should be born in January.

He stayed in Hong Kong for a few more days, visited his younger brother, sister and the two little ones at his godmother's house. Everything was fine. After visiting Coach Gao and Master Yang, Zhu Xuefeng took a special plane to the autonomous region again, but he was accompanied by Master Yang and Master Lou. Originally, Lou Xiao'e wanted to go with them, but because she had just given birth and could not leave the child, she could only wait until next time.

The reason why Uncle Yang came along was because Zhu Xuefeng heard from him that the environment and climate in Hong Kong were not suitable for Taiyi Sect's practice and that the disciples were making slow progress. Zhu Xuefeng asked him to find a suitable mountain in the autonomous region and have it directly allocated to Taiyi Sect. Uncle Yang declined for a moment, but then gladly accepted it.

Compared to the environment over there in Mysterious Place, Hong Kong is still too noisy, which is indeed not suitable for the Taiyi Sect, which needs to cultivate one's body and mind. Qiu Hong complained about it last time, saying that after guarding Wu Qianqian in Hong Kong for a year, there has been very little progress, and this is in the relatively quiet Repulse Bay.

Taiyi Sect's pharmaceutical factory grows Chinese herbal medicines on many hills in the autonomous region. It would be a good idea to move the entire sect there, which would make it easier to grow medicines and allow Taiyi Sect to cultivate rare medicinal materials in specific areas. Zhu Xuefeng also wanted to get a few tigers from China and raise them in the mountains. Tiger bones are also rare medicinal materials.

The reason why Mr. Lou followed him was because he invested 10 million in a fund and reaped nearly 3 million in profit in just a few months. With this money, Mr. Lou became interested again. He couldn't sit still and couldn't find a suitable investment industry in Hong Kong. He heard that the economy in the autonomous region was developing rapidly, so he decided to look for opportunities.

"My dear nephew, is the place you mentioned really under the control of us?" Mr. Lou was a little worried about the investment environment in the autonomous region and could not help asking.

"Don't worry about that. I have a say over there. Let me put it this way, no one will try to cheat you maliciously. Just do what you want."

Mr. Lou was a little stunned. His daughter's friend was so arrogant. How could he have a say over there? However, through the transfer of family property and the successful investment, he still had great trust in Zhu Xuefeng.

"That's good. I heard there are a lot of mines over there. I wonder if it's possible to open a private steel plant. If it's possible, I'd still like to stick to my old business. I have a lot of old friends in Europe and North America in this business."

Uncle Yang on the side closed his eyes, but couldn't help smiling. This Master Lou really asked the right person. It was estimated that no one except his nephew could answer this Master Lou. He had already decided that this time he would circle the hilltop where Zhu Xuefeng broke through that year. This was the most suitable place he had chosen after running around for many days. Since his nephew wanted to give him a hilltop, there was nothing more suitable than this. The key point was that the hilltop was not far from his nephew's mansion. Taiyi Sect was really going to revive again this time. His vision was indeed not wrong.

"I definitely can't give you the mine, but you can open a steel mill. There are several steel mills there now, but the autonomous region is now developing rapidly. The demand for steel will probably be in short supply in a few decades. If you are interested, you can check it out."

When Master Lou heard this, he immediately became interested. "The money is not much this time, three million should be enough to build a medium-sized steel plant. It would be great if Zhuzi was still here. My wife is also thinking of opening a restaurant in Hong Kong, so that she will have something to do."

Zhu Xuefeng was slightly stunned. Mr. Lou was still thinking about his son-in-law.

(End of this chapter)