Rebirth: Starting from the Cafeteria

"I have made up my mind and decided to launch the [poison pill plan] and launch anti-takeover actions."

Du Shaojie no longer hesitated and decided to fight back.

The means of counterattack is to launch the [poison pill plan], which to put it simply is to issue additional shares at a lower price in order to dilute the opponent's share ratio and then increase the opponent's acquisition cost.

The [poison pill plan] targets [hostile takeovers], and he can remember at least two cases.

"Boss, the [poison pill plan] is like a double-edged sword. Even if the counter-takeover is successful, it will still dilute your own shares. Please be cautious!"

Fan Shilun hesitated a little and raised objections.

In fact, what he said was not wrong. Since it was called the "Poison Pill Plan", as the name suggests, it would definitely kill three thousand enemies and lose eight hundred of your own. It was a measure adopted when you have no other choice.

The effect is obvious, but the side effects are also significant.

"That's it. I'll call Mr. Liu and ask them to start the additional issuance immediately. As an affiliated party of the listed company, [Dingxin International] must also provide strong support."

Du Shaojie made a decision and stopped discussing the pros and cons.

Liu Zijian then came to Hong Kong and worked out a detailed additional issuance plan with Winnie, Fan Shilun and others. [Huanyu Communications] applied for a temporary suspension of trading and announced the matter.

According to the plan, the number of additional shares to be issued is 8300 million, with an issue price of HK$6.12 per share.

The market reacted enthusiastically, mainly because Li Zekai's bid made many people see an opportunity. No matter what it is, as long as someone wants to buy it, the price will rise. Some analysts even expect the future share price to rise to 40 Hong Kong dollars.

The current issue price is only HK$6.12, and there is still a lot of room for future growth, so funds from all walks of life are flocking in.

late at night.

Li Zekai's office was brightly lit as he and company executives were still in a meeting.

"I didn't expect that Huanyu Communications would be so ruthless as to implement the Poison Pill Plan. They would rather suffer losses than hand over the company to us. Mr. Li, what should we do next?"

The company's top management is not optimistic about what will happen next. Originally, they held more than 12% of the shares of Huanyu Communications. After the additional issuance, the shares will definitely be greatly diluted.

Of course, they can also participate in the additional issuance. But for publicly issued stocks, they also need to queue up and draw lots. They cannot buy as much as they want, so they cannot play a decisive role.

"It seems that this Du Shaojie is not easy to deal with. He would rather hurt himself than compromise. It's really a headache. Stop buying stocks for the time being and wait and see."

Li Zekai somewhat regretted having used extreme measures before. Now he wanted to negotiate with the other party, but he wondered whether the other party would agree.

So he stopped buying and planned to actively participate in this round of additional issuance. At present, it seems that the acquisition plan has been seriously hindered, and he has to find a way to dilute the cost of holding shares.

He was in a difficult situation, while Qin Group, Pang Weidong and others felt a little regretful.

Their holding costs were originally very low, but they have almost all taken profits, and it turns out that this stock still has potential in the future. It is not appropriate to enter the market directly now, so they are also eyeing this round of additional issuance.

Time flies.

According to data released by the Hong Kong Stock Exchange, this additional issuance of [Huanyu Communications] was oversubscribed, with the oversubscription amounting to almost 10 times.

After the draw, Li Zekai's winning rate was not ideal.

After repeated discussions among the company's top management, he finally gave up the acquisition plan and stopped holding the stake.

When the news came, Liu Zijian and others couldn't help but breathe a sigh of relief. But the troubles were just beginning. Due to the additional issuance, the parent company's control over the listed company was weakening, and similar things could not be ruled out in the future.

But they finally got through the difficult times. Du Shaojie held a grand cocktail party in the banquet hall of Grand Hyatt Hotel to thank everyone for their support.

Qin Mingcheng, Qin Lu, Pang Weidong, Xu Bo, Ye Weiming, and celebrities from all walks of life in Hong Kong were all present, and the atmosphere was quite good. Of course, due to Li Huanggua's face, some people did not come, but they also called to express their congratulations.

Li Zekai naturally would not attend the cocktail party. He and his father sat face to face in the living room of his home.

"I failed!"

Li Zekai did not seem very depressed. After the additional issuance was completed, the stock price of [Huanyu Communications] remained strong.

The money he invested was not lost, but he missed his father's important event, which made him a little uneasy.

"Failed? No, it's too early to say it's failed."

His father was calm, and it was obvious that he had other follow-up measures, but he just didn't say them out loud.

The next day.

Pang Weidong and others returned to Shenzhen one after another. Du Shaojie stayed for a few more days to deal with some matters related to Beichen Education.

[Beichen Education] was also suppressed before, but it was not the target. After falling for a period of time, it was the first to stabilize.

Now that the haze has dissipated, Du Shaojie had people release some true and false news in the market, and the stock price quickly returned to a reasonable range.

When he returned to Shenzhen, new troubles arose. "Boss Du, our BB machine factory is among those being mobilized to relocate. I have intentionally delayed it for some time before, but now I can't delay any longer. We must make a decision."

As soon as Du Shaojie passed the checkpoint, he received a call from Liu Zijian.

So he went to [Huanyu Communications] and attended a meeting with Liu Zijian, Sun Zhenguo and others.

"Yes, if we insist on doing so, we may end up with a very strained relationship with the local authorities. It is said that the use of this piece of land will be changed to commercial and residential use in the future, and it seems that many people are eyeing this piece of land."

A vice president of the company revealed a piece of news, saying that Li was among those who had taken a fancy to this piece of land.

Du Shaojie was not surprised. He had known Li Zekai's intention to acquire [Huanyu Communications] before. It seemed that the head of the Li family had not given up.

"Well, I will communicate with the city tomorrow, and then we can discuss countermeasures."

Du Shaojie was really unwilling to give the land to that speculator. As far as he could remember, Old Li had bought plots of land in various places in the early days. However, this old fox refused to develop the land and dragged it on for decades. In the end, he made a fortune by relying on the low price increase.

Besides, he and Li have completely fallen out, so how could he let the other party take advantage of him?

The next day.

Du Shaojie took Luo Qin to the city and visited several leaders related to the matter. They were very polite and only tactfully proposed that [Huanyu Communications] should obey the overall situation and support local urban construction.

He said a few nice words and then went to find Cai Jing after leaving.

"Sister Cai, this is the thing. Are you interested in our land? If you are interested, we can jointly develop it. It will be a good thing for everyone."

Du Shaojie thought about it and decided that it was not a good idea to refuse to move.

But he was unwilling to let the Li family father and son get the advantage. After thinking it over, he came up with this idea to drag Cai Jing into the water.

"You want to keep the money within your family? Are you trying to use me as a shield? Of course, your proposal is very attractive to me. In this case, I will immediately convene a meeting of the company's board of directors and give you a reply by tomorrow at the latest."

Cai Jing has always been quick and decisive in doing things, and her execution ability is formidable.

That evening she called Du Shaojie back and said that the company's board of directors unanimously agreed to his suggestion and planned to jointly develop the land for the BB machine factory.

According to the city's planning, that piece of land can only be used to build projects such as hotels, office buildings, and commercial complexes.

"Sister Cai, I think we can bring in the Qin Group. They have experience in operating large commercial complexes and also own the InterContinental Hotel. What do you think?"

"I think it's a good idea! The directors have already considered this plan at the meeting today. Let's find a time to discuss it together."

Cai Jing originally had this plan, but it was Du Shaojie who brought it up first.

the next day.

Du Shaojie contacted Qin Lu and asked them to meet in Shenzhen.

Qin Mingcheng was very interested in this proposal. In recent years, the Qin Group has developed very rapidly. Not only has it made great gains in the stock market, but the companies under its name have also brought him a lot of wealth.

I won’t talk about the InterContinental Hotel. As a long-established five-star hotel in Shenzhen, its performance and reputation are quite good.

In addition, the commercial complex he developed in cooperation with Du Shaojie and others was more profitable than expected, bringing him a large amount of cash flow.

Therefore, when Qin Mingcheng, Qin Lu, Du Shaojie and Cai Jing sat together, they had already decided to participate in this project. However, the difficulty of this project lies in the change of land use nature.

"Sister Cai, are you sure about the formalities? I heard that Mr. Li has been eyeing this piece of land. If he makes trouble, could it ruin our plan?"

Du Shaojie felt that everything was ready now, except for the change procedure.

Cai Jing smiled and said, "Don't worry about that. The land is yours. As long as you comply with the city's development plan, I think the formalities won't be a problem."

Du Shaojie finally put his worries aside, and the Qin Group also expressed its willingness to participate in this project. The next step was to negotiate some technical details.

He did not participate in the specific negotiations and left it entirely to Liu Zijian.

He and Sun Zhenguo went to "outside the Great Wall". The BB machine factory will be relocated as a whole to a remote area of ​​Shenzhen City, and will even be relocated to a nearby city in the future.

A week later.

Du Shaojie, Cai Jing and Qin Mingcheng signed a contract at the InterContinental Hotel to jointly develop the land of the BB machine factory. They planned to build a large commercial complex on the original site, with several commercial and residential buildings to match it.

The developer is Cai Jing's real estate company, the operator is Qin Group, and Du Shaojie promised that after the project is completed, his famous catering brands will move in.

Then, they wait for approval from the city.

For a project like this that changes the land use, the most troublesome thing is the formalities. As long as the project is approved, everything else is not a big deal.

Cai Jing has been following up on the formalities these days. She has used her connections but still encountered great resistance. (End of this chapter)