Inherit For Three Thousand Years

"All right, just follow Mr. Xiao's intention." The conditions were not harsh, and Zeng Zhaoquan agreed.

"Zeng Zeng is vigorous and decisive, and he is admirable. When Zeng establishes a new company, I believe there will be opportunities for cooperation. I look forward to this day."

The matter was settled and Zeng Zhaoquan left after signing the agreement.

After leaving the guests, Qin Huali turned to Xiao Yao and said, "Congratulations, Mr. Xiao, for successfully acquiring Tiansheng Pharmaceutical."

Daniel also said: "I have won a company with a market value of 100 billion in just one month. I feel ashamed of Boss's foresight and Qin's strategizing."

"The successful completion of the acquisition depends on everyone's joint efforts. In the evening, I will treat you to Fulinmen for a big meal." Xiao Yao announced happily.

After the celebration, Xiao Yao said to Daniel: "Mr Qin's task has been completed, and the series of delisting and privatization of Tiansheng Pharmaceutical will be handed over to you."

Xiao Yao attaches great importance to Tiansheng Pharmaceutical. There are many future plans and he does not want to be restricted by the outside world. Moreover, Tiansheng Pharmaceutical’s share price is too low now, and there is a high growth potential in the future. Since he is not short of money, he will delist Privatization is more in his interest.

Daniel said: "Don’t worry, Mr. Xiao. Now we have 95% of Tiansheng Pharmaceutical’s shares, and only 5% of the outstanding shares are left. Tiansheng Pharmaceutical’s delisting and privatization will not be hindered. I will as soon as possible. carry out."

For the new boss's ability and courage, after this acquisition of Tiansheng Pharmaceutical, Daniel admired very much.

Tiansheng Pharmaceutical is a large company with a scale of hundreds of billions. The acquisition of such a company is definitely not an easy task. His new boss successfully completed the acquisition within a short period of one month. This time, the acquisition case of Lightning Sniper is really classic, and it is simply a textbook acquisition case.

What surprised Daniel in particular was that the acquisition of this billion-dollar company cost less than half of the market value.

The acquisition of this 40% stake in Zeng Zhaoquan’s hands only cost 15 billion yuan, plus the 29 billion capital spent on the previous acquisition of 55% of the shares, and 95% of Tiansheng Pharmaceutical’s shares were taken, and only 44 billion yuan was spent.

The profit from short-selling in the early period is still 20 billion. If the 20 billion profit is reduced and the funds for the acquisition of Tiansheng Pharmaceutical, even if the remaining 5% of the outstanding shares are added, the maximum is 27 billion.

It is a miracle to acquire all the shares of a 100 billion-level company with only 27 billion funds!

Tiansheng Pharmaceutical is actually a very high-quality company, which can be seen from the price-earnings ratio. At present, the average price-earnings ratio of the pharmaceutical sector in Hong Kong stocks is about 14 times, while the price-earnings ratio of Tiansheng Pharmaceutical is only 11 times, which is obviously underestimated.

The price-earnings ratio of Tiansheng Pharmaceutical is not high because of the lack of its own competitive products. However, after analysis by Daniel, he feels that Tiansheng Pharmaceutical is very stable in drug development. Although there is a lack of popular products, the market demand and profits of existing drugs are stable.

Although Tiansheng Pharmaceutical’s stock price has fallen sharply, its production and operation conditions have not been affected. Once it is delisted and privatized, this company can steadily bring nearly tens of billions of profits to Xiao Yao every year.

Spend 27 billion, and you can bring a hen that lays golden eggs. This makes money faster than robbing a bank.

After taking the shares in Zeng Zhaoquan's hands, there is no need for Xiao Yao to worry about the follow-up.

What he cares about now is the autumn auction on Hong Kong Island that is about to be held by Yiyun Auction House.

Because during this period of time, he has successively obtained the Wanmu Rejuvenation Order, the Earth Spirit Orb, and the jade board that records the "Hundred Pills Rising Celestial Scripture", Xiao Yao pays more attention to the major auctions, and he will go to the preview when he has time, or Go directly to some small auctions without previews.

It's a pity that good luck is not always available. The several previews I visited did not yield much, and the charity auctions held by major institutions also did not yield much.

Xiao Yao has already seen the preview of the Yiyun auction and has not seen anything worthy of his sale. Therefore, he did not participate in the auction a few days ago.

The several items he sent for auction will all be auctioned at the last auction. Considering the value of these items is too high, Xiao Yao wants to be there in person to witness what these items will be sold. Come at a high price.

At 2 o'clock in the afternoon on November 20th, the auction hall of the International Convention and Exhibition Center was full of people and soon there were no seats.

The whole world is paying attention to this auction!

There are too many people who want to participate. The thousand-seat hall can no longer meet the demand. The 2000-seat hall of the Convention and Exhibition Center will also be enough.

Before the auction was held, the four items Xiao Yao sent for auction had already been publicized and caused a worldwide sensation.

The 4 items offered by Xiao Yao are too precious. Even the world's largest auction companies such as Sotheby's and Christie's have never offered so many heavyweight lots at an auction.

Although Van Gogh's "Sunflower" and Da Vinci's "Savior" are rare, they are not rare, and auction items of the same grade, even at the level of "The Savior", can be seen every year.

But the Eros vase and the bronze statue of the discus thrower are too precious. It is difficult to find a piece of art of the same grade in major museums.

Many experts predict that the Eros vase and the bronze statue of the discus thrower will create historical auction records, and they will be difficult to surpass in a short period of time.

Xiao Yao is short of money during this period, so he naturally hopes that the higher the transaction price of these lots, the better.

Because these lots are too precious and too rare, many world-class wealthy people and consortium controllers have personally come to participate in this auction. Of course, the major museums can't resist the temptation of these top art works, and almost all the chiefs of the major museums have arrived.

After Xiao Yao walked into the hall, he saw many world-class rich people, among the top 10 rich people on the Forbes list, he saw three of them. He even met the two behind-the-scenes controllers of the world-class consortium. Although he didn't know him personally, he had seen them in the memory of Panwu.

The wealthy people in China have seen more. Almost all the wealthy people on Hong Kong Island have come in person. Xiao Yao, the top-ranked wealthy in the Mainland, has also seen more than a dozen.

He did not sit in the front seat that Wang Xiaoxian had arranged for him, but in the back corner.

His purpose is very clear. Today he is here to be a witness, not to bid.

In this afternoon auction, a total of 20 lots were arranged, each of which is very precious.

The first lot is the gilt bronze Guanyin statue of the Ming court. The auction has just begun and there are endless bids.