Reborn as a Hong Kong Tycoon

Chapter 580 Battle for HK Electric ()

Tuesday.

In the morning, Qin Lan brought her assistants to Hong Kong Electric Group, and held a press conference with the company's top class, Levi's.

At ten o'clock, all the newspapers sent reporters over, and the press conference officially began.

At the press conference, Qin Lan said that she had been authorized by her boss, Lin Baicheng, to purchase 6.5 million shares of Hong Kong Electric Group from the stock market at a price of HK$8000 per share.

"Ms. Qin, yesterday's closing price of HK Electric Group was only 5.78 Hong Kong dollars. Why did Mr. Lin buy the shares of HK Electric Group at a price of 6.5 Hong Kong dollars per share?"

"Ms. Qin, Mr. Lin suddenly bought a large amount of HK Electric Group's shares. Is it because the company has undisclosed benefits that are unknown to the outside world?"

"..."

After hearing Qin Lan's words, all the reporters became agitated and asked questions one after another.

"Reporters, please ask questions in an orderly manner."

Qin Lan spoke into the microphone to stop the commotion of the reporters. She explained aloud: "The Hong Kong Electric Group has no positive or negative news that has not yet been announced. The company is operating normally. The reason why Mr. Lin suddenly bought a large number of company stocks is That's because Mr. Lin already holds 5.7 million shares of the company, and buying another 8000 million shares will complete his absolute control of the company."

"Even if Mr. Lin intends to increase his shareholding in Hong Kong Electric Group, there is no need to buy a large amount at such a high premium, right? Why not make the acquisition slowly?"

At Qin Lan's signal, the reporters raised their hands to ask questions.

"The main reason is that Mr. Lin is going to let the company invest in Shekou in the Mainland to build a large power plant. In order to show Mr. Lin's optimism for the company, Mr. Lin specially increased his holdings of the company's stock."

This is an external statement that Lin Baicheng and Qin Lan have discussed. The main purpose is to prevent shareholders from having too high expectations for the company's stock price and not selling the stock.

Lin Baicheng knew that the announcement of this kind of news would definitely have a bad impact on the company's stock price, but the short-term drop in the company's stock price had no effect on Lin Baicheng. Instead, it was beneficial for him to acquire the shares of Hong Kong Electric Group, and to take over the shares held by British capital. live.

If the stock price of Hong Kong Electric Group falls too much, Yingzi will not be able to sell the stocks that it has not bought for a long time, and it will definitely lose a lot if it is sold at a low price. This is what Lin Baicheng wants, and Yingzi will find him Trouble, of course he will not let them go easily.

Reporter: "The Hong Kong Electric Group is planning to invest in the mainland. Are you not afraid that the policy changes in the mainland and Hong Kong's local business will be affected?"

Qin Lan immediately said: "Mr. Lin is optimistic about the investment in the Mainland, and he believes that this investment will bring rich returns to the company."

"What if HK Electric Group's investment in the mainland is affected or its local business is affected, causing the company's stock price to fall?"

"If this kind of thing really happens, if Mr. Lin can acquire 8000 million shares of the company, then with nearly half of the shares held by Lin Baicheng, the person who will lose the most will be Mr. Lin."

"The economic conditions in the Mainland are poor. How many years is it estimated that HK Electric's investment in the Mainland will return?"

"The company values ​​long-term interests, and short-term interests are not within the scope of the company's consideration."

"..."

"..."

The reporter and Qin Lan asked and answered, and Qin Lan responded well to the reporters' difficult questions.

After the press conference, Qin Lan held a meeting in the conference room of Hong Kong Electric Group, and all executives of the company were required to attend.In addition, Lin Shufang also came, but the meeting was led by Qin Lan.

This time, Qin Lan represented Lin Baicheng, so she sat on the main seat, and Lin Shufang and Levi's sat on both sides.

As one of the few large conglomerates in Hong Kong, HK Electric Group has more than a dozen managers who are eligible to attend the meeting. However, among the more than a dozen managers, including Levi's, there are only six directors.

Hong Kong Electric Group has a total of eleven directors, four of which belong to the four major shareholders other than Lin Baicheng, and now these four directors should be in the hands of British capital.

In addition to Lin Baicheng, the six directors are Daban Levi's, Financial Manager Sun Kai, HR Manager Zhao Feifei, Production Manager Que Gui, Marketing Manager Grant, and Chief Engineer Fred of the Technical Department.

Among them, Sun Kai, the financial manager, and Zhao Feifei, the personnel manager, were arranged by Lin Baicheng after the acquisition of Hong Kong Electric Group. It's a huge temptation, otherwise it would be impossible for them to suddenly backstab Lin Baicheng.

Que Gui, the manager of the production department, was originally the deputy manager of the production department. The former manager was an Englishman, but Lin Baicheng later found an excuse to replace him.

Grant, the manager of the marketing department, is an Englishman. The problem is that he has no serious problems. He is not as greedy as the former manager of the production department. In addition, considering that the replacement of two British executives will affect the management of the company, Lin Baicheng Grant was not touched, and Grant approached Lin Baicheng tactfully.

As for Fred, the chief engineer of the technology department, he is a German. He manages the company's technology department. As long as it is not related to the company's affairs with the technology department, he has always followed the trend and basically has no sense of presence.

"Today, I was authorized by President Lin to hold this meeting. I have something to announce to you, and I also have something to tell you."

Qin Lan looked around at the executives sitting there, all of them seemed to be listening carefully, and no one dared to neglect.

"Just yesterday, Levi's taipan reported to Mr. Lin that a British capital had acquired a lot of shares in the company and wanted to compete with Mr. Lin for the control of the company. They wanted to win over Levi's taipan, but they were rejected by the taipan."

Levi's said at the right time: "The company has developed very well under Mr. Lin's management, and Mr. Lin has not treated us badly. I think we should firmly support Mr. Lin."

"I know that British capital will definitely contact you, especially those who have board seats, and achieve their goals by wooing you. But you must know that Mr. Lin's shareholding in the company is the highest, and the one who wins in the end can only It's Mr. Lin, so don't be tempted to do things that you will regret in the future."

After a pause, Qin Lan continued: "Maybe some of you will be tempted by the British capital and choose to join the British capital, but before you do so, you must think clearly whether your buttocks are clean. There are some things that Mr. Lin used to just not It's just to pursue, but it doesn't mean that Mr. Lin doesn't know, with Mr. Lin's energy, it is not difficult to punish the traitor as he deserves."

The combination of kindness and power is the only way to make people awe-inspiring. The threatening words behind Qin Lan are to make those senior executives with directorships not dare to betray easily.

After listening to Qin Lan's words, all the executives present showed their loyalty and expressed their loyalty to the chairman Lin Baicheng.

The kindness that is both kind and powerful, of course, cannot be a few empty words in the mouth.

Therefore, after the executives expressed their views, Qin Lan said to everyone: "Mr. Lin will implement an equity incentive plan for the company next month. I think everyone may be familiar with this plan. Hutchison Whampoa is currently implementing this plan. Wei Li Management such as Taipan have benefited a lot. High-level executives receive equity incentives equivalent to several million Hong Kong dollars a year; even lower-level executives receive hundreds of thousands of Hong Kong dollars a year.”

"Comparing the company's market value with Hutchison Whampoa, the annual equity incentives that the executives present here can get at least 20%-25% of the same level as Hutchison Whampoa. If the company can grow and develop, then the equity obtained will be more valuable. .”

"I think everyone should know that this is Mr. Lin's reward for executives and outstanding talents. Once the company changes its controller, will the new controller implement an equity incentive plan? Is it as generous as Mr. Lin? It’s time to say hello.”

The equity incentive plan was originally planned by Lin Baicheng, but it was not planned to be implemented as soon as next month. Now, in order to stabilize the management and make the British investors pay a higher price for attracting people, Lin Baicheng had no choice but to throw out this plan. bait.

Equity incentives are still very tempting for executives. Everyone has sincere smiles on their faces, and they are also very clear that at present, only Lin Baicheng is implementing the equity incentive plan in Xiangjiang. Executive rewards are not as generous.

Of course, an equity incentive plan will definitely not make all executives give up on Lin Baicheng. If the British capital is willing to pay the price, as long as the temptation is strong enough, some people will still fall to the British capital. This is a normal thing.

People are profit-seeking, and whoever benefits more will hang out with them.

However, after the announcement of Lin Baicheng's equity incentive plan, if the British capital wants to make the executives with directorships betray Lin Baicheng, then the price to be paid will naturally be greater, and this is Lin Baicheng's purpose.

After everything that needs to be said was said, Qin Lan asked the executives to do their jobs well under the current situation, so as not to affect the operation of the company, and then announced the adjournment of the meeting.

outside world.

After the HK Electric Group's press conference, Yum Securities arranged for someone to buy HK Electric Group's shares at a price of 6.5 Hong Kong dollars per share in the stock market, and the first wave of 2 million Hong Kong dollars has already arrived in the corresponding account.

Shareholders in the exchange, at this time, do not know that British capital has acquired a large number of Hong Kong Electric Group shares. They just know that there is a large amount of money buying Hong Kong Electric Group’s shares yesterday, and this morning there is also a large amount of money buying. The high price of 6.5 Hong Kong dollars is purchased in large quantities.

Therefore, in the face of this situation, some stockholders choose to settle down, but some stockholders choose to wait and see, wanting to wait and see if the stock price can rise even higher in the future.

At the same time, the British capital also got the news very quickly.

Faced with this situation, Shiyadi Shihuaiya and the others could only get together to discuss how to deal with it.

"I didn't expect that Lin Baicheng not only held 5.1 million shares, but also secretly acquired another 6000 million shares. Now he is only about 8000 million shares away from absolute control."

Lin Baicheng's shareholding ratio in Hong Kong Electric Group was somewhat surprised by Shiyadi Sweiyar and others. It is not easy for them to surpass such a high shareholding ratio.In the case of Lin Baicheng also buying stocks, it can even be said that it is basically impossible.

"This guy is really rich. He already holds nearly 39% of the shares. He even spent about 3 million Hong Kong dollars to increase his holdings. I don't know if he has too much money and nowhere to spend it."

In Xiangjiang, the shareholding of a listed company cannot exceed 50%. Therefore, a shareholding ratio of nearly 39% is already very high. It is normal for a listed company to hold more than 10% of the shares. Usually there are 20% of the shares can be a relatively stable holding company.

Therefore, when holding nearly 39% of a company's shares, what major shareholders will usually do is not to increase their holdings, but to find an opportunity to reduce their holdings and exchange them for cash.

The cash you get can be used for enjoying or developing other enterprises.If the shareholding ratio in a listed company is not too large, then even if the company has a problem, the impact on its own assets will not be too great, and there is still a chance to make money.

Asset optimization and risk sharing are what it means.

Shiyadi Shihuaiya said: "It's really possible that he has too much money and nowhere to spend it. Think about the scale of the company under his name now."

Seeing this, Henry Kesak said: "Now is not the time to talk about this, let's discuss how to deal with it."

John Ma Bin said realistically: "His shareholding ratio is too high, and it is basically impossible for us to surpass him in terms of shares."

"We can't just watch him buy 8000 million shares, which is close to 50% of the shares?"

Michael Kadoorie couldn't help frowning. If Lin Baicheng couldn't be threatened and the development and operation of Hong Kong Electric Group couldn't be affected, then this action would be meaningless to him.

"Of course you can't just look at it like this."

Shiyadi Shihuaiya said in a deep voice: "Since he bought it at a price of 6.5 Hong Kong dollars, then we will buy it at a higher stock price and fry up the stock price of HK Electric Group. First, it can increase Lin Baicheng's acquisition cost, and second, It can also prepare a way out for us."

Henry Cassack was thoughtful: "You are thinking that if you can't do something, sell our stocks at a high price, don't you?"

"Yes, that's what it means."

Shiyadi Shihuaiya nodded: "The shares in our hands were acquired at a premium. If we can't cause Lin Baicheng too much trouble in Hong Kong Electric Group, then we will safely withdraw from Hong Kong Electric Group. After all, the funds we purchased are loans. And it doesn’t make much sense to own too much of a company that we don’t control.”

"It doesn't matter if you find a way out. If you really want to deal with Lin Baicheng, as long as you have the heart, there will be many opportunities. You can find it slowly in the future. Safety is the most important thing."

John Ma Bin agreed with this. If this kind of cooperation against Lin Baicheng is not successful, it must not cause too much loss. Otherwise, it will not be so easy to unite against Lin Baicheng next time. After all, who I don't want to lose money, so there will inevitably be worries.

Henry Cassack and Michael Kadoorie did not object to this. As businessmen, they also did not want to lose money, and it was also a good thing for them to have a safe way out.

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(End of this chapter)