In Hong Kong, we build a global business empire

Chapter 107 Visiting Important People

Although Lin Haoran really wanted to buy all these stocks directly, he was faced with an embarrassing situation.

That is, he does not have enough funds available.

Originally, he had HK$1300 million in available funds. However, recently, he has successfully purchased about 100 million shares of Qingzhou Cement, which cost him nearly HK$410 million, causing his capital pool to shrink rapidly.

After this operation, Lin Haoran’s currently available funds have been reduced to less than HK$900 million.

Looking at the stock market, there are nearly 700 million shares for sale. It is estimated that at least HK$ million of funds would be needed to buy all of them.

There is a significant gap between this figure and the amount of funds he currently has.

Taking into account the existing financial situation, Lin Haoran was thinking that using the current funds of less than 900 million Hong Kong dollars to purchase affordable stock shares is not impossible, but this can only cover about one-third of the total orders in the market.

Once this part of the stocks is quickly traded, the remaining two-thirds of the sellers who have placed orders may become alert and choose to raise the selling price or simply withdraw their sell orders, which will undoubtedly increase the difficulty and cost of subsequent acquisitions.

Based on this analysis, Lin Haoran believes that it is safer to adopt a conservative strategy at present.

He decided to wait and see what happened, hoping to make a decision at the best time.

So he turned to Su Zhixue and said calmly, "I understand, Zhixue, you go ahead and do your work. Continue to closely monitor the stock market. Once I have a new idea or plan, I will inform you immediately."

"Okay, Mr. Lin, Director Lin, I'll be out first. I'll report to you if there is any situation." Upon hearing this, Su Zhixue respectfully left the office and continued his stock market monitoring mission.

Huafeng Cement Factory has provided him with more than 300,000 Hong Kong dollars in funds in the past few months.

However, he had already withdrawn this amount and used it entirely for the daily operating expenses of Huanyu Investment Company, such as employee salaries, office expenses, market research and other necessary expenses.

Therefore, based on the actual situation, Huafeng Cement Factory cannot provide direct financial assistance to Lin Haoran for his further actions in the stock market. For the current problem of capital shortage he faces, the profits generated there are just a drop in the bucket and it is difficult to provide substantial help.

At this time, Lin Wanan's eyes had already fallen on the information about Qingzhou Yingni's stock data in Lin Haoran's hand.

As a father, he had long understood his son's goal - to completely privatize the historic British-owned enterprise, Qingzhou Yingni.

Naturally, Lin Wanan gave his unreserved support to this ambition. His years of dealings with Ching Chau Ying Ni made him understand the huge potential and value behind Ching Chau Ying Ni, especially the seaside land in Hung Hom. Once privatization is successful, its value will be immeasurable.

"Hao'er, look at the number of orders and the price. This is a rare opportunity! It would be a pity if you don't seize it." Lin Wan'an took the information, carefully examined the data on it, and couldn't help but sigh.

Hearing this, Lin Haoran smiled bitterly and responded, "Yes, this opportunity is indeed tempting, but the reality is cruel. My current financial situation is not enough to support such a large-scale acquisition."

His words revealed a bit of helplessness and regret. Obviously, although the opportunity before him was good, it was also a star that he could not reach at the moment.

As for taking the old route of loans, this method is definitely feasible, but he personally already has a debt of more than 300 million Hong Kong dollars. If he takes out another loan, it will probably only make the debt snowball bigger, so he has no plans to do so for the time being.

"Hao'er, how much money can you mobilize right now?" Lin Wanan asked curiously.

"Probably over 8 million Hong Kong dollars, close to 9 million Hong Kong dollars." Lin Haoran answered truthfully, with a hint of helplessness in his tone.

Hearing this, Lin Wanan's eyes flashed with a smile, he patted Lin Haoran on the shoulder and said confidently: "Hao'er, this is not difficult to solve.

We can purchase these stocks first in the name of Wan'an Group, and when you have sufficient funds, we will transfer them internally at a suitable price.

Don't worry, although Wan'an Group's main funds are currently invested in real estate projects in North Point, it can still provide more than 10 million Hong Kong dollars to support your plan."

He paused and added: "As a company that our Lin family absolutely controls, Wan'an Group is listed in name only, but in reality it is more like our family business.

In the group, we have absolute say, and the opinions of other small shareholders will not have a substantial impact on our decision-making, so you can do whatever you want with confidence.”

"Hey, Dad, your suggestion is really a wake-up call!" Lin Haoran's eyes lit up instantly, and his face was full of excitement.

Sure enough, I am still a little inexperienced in the business world. Although I have become a major shareholder of Wan'an Group, I have never tried this kind of operation, so I didn't think of this method for a while.

He understood that this was not only a good way to solve the funding problem, but also a once-in-a-lifetime investment opportunity.

Although the shadow of the oil crisis is looming, its impact on the stock market does not seem to be as severe as expected. Once everyone realizes this, the stock prices of the entire Hong Kong stock market are likely to rebound quickly.

By then, as a member of the Hong Kong stock market, investors will find out that it was a false alarm and there may not be so many pending orders for Qingzhou Yingni.

Yes, it may only be a matter of time before the price goes back up, but the key is that there are so many low-priced orders now that if you miss it, you will never find it again.

"Okay, Dad, I'll arrange it right away. Please communicate this matter with Minister Dai Bin of the Securities and Commerce Department of the Group and ask him to prepare the corresponding operations.

I will also notify Su Zhixue immediately and ask him to lead the team to discuss with Minister Dai Bin on how to cooperate on this matter. We will work together to ensure that all these orders can be taken down quickly and effectively." Lin Haoran said with a smile on his face and full of confidence.

Seeing this, Lin Wanan nodded in agreement: "Well, I'll go talk to Dai Bin about this. Hao'er, just go for it, Daddy fully supports you."

Soon, their careful plan received positive response and implementation from Su Zhixue and Dai Bin.

The two parties worked closely together to carry out detailed division and layout of the stocks on the Qingzhou Yingni stock market.

In order to ensure the efficiency and secrecy of the operation, they carefully planned the order and rhythm of fund use: first, Su Zhixue led his team to use the existing account funds to make the purchase. Once the funds were exhausted, Wan'an Group would seamlessly connect and directly invest funds to absorb the remaining stocks.

At present, there is a lack of active buyers in the Qingzhou Yingni stock market. Their joint actions are like hungry wolves pouncing on their prey, quickly and effectively devouring every share in the market. This series of operations is not only accurate and efficient, but also so efficient that those investors who originally placed orders have not yet reacted to the quiet changes in stock prices, and their stocks have been quietly absorbed.

As the plan progressed smoothly, Lin Haoran's controlling stake in Qingzhou Yingni steadily increased, and he was one step closer to his goal of completely privatizing this British-owned enterprise.

After careful planning and execution, Lin Haoran successfully and quietly increased his holdings of 191 million shares of Qingzhou Yingni in the market, which made his and Huanyu Investment Company's joint shareholding ratio soar to 58.2%, making him the undisputed absolute controlling shareholder of Qingzhou Yingni.

At the same time, Wan'an Group also acquired an additional 10.2% stake in Qingzhou Yingni through its operations, indirectly helping Lin Haoran to absorb these shares in advance.

At this point, the equity structure of Qingzhou Yingni has undergone fundamental changes, and its actual operating status is not much different from that of a private enterprise. Lin Haoran's control over the company has reached an unprecedented level.

However, although Lin Haoran achieved brilliant results in the stock market, his capital chain was also strained.

Almost all of the funds on hand were invested in the stock market, which made it impossible for him to directly announce the privatization of the company for the time being.

However, this did not make Lin Haoran feel frustrated. On the contrary, he was full of confidence in his future plans.

Lin Haoran has his own plans for the remaining shareholders of Qingzhou Yingni.

The person in charge of the company now is Lin Haoran, a young man in his twenties. These shareholders may have already considered withdrawing.

After all, no one wants to be tied to a ship that doesn't offer enough growth potential for a long time.

Therefore, Lin Haoran believes that as long as these shareholders are given a reasonable opportunity to sell, they will choose to cash out without hesitation.

None of the shareholders of Qingzhou Yingni Company, who have been in the business world for many years, are stupid.

It would be wise for them to seize the opportunity to leave.

Although funds are temporarily tight, Lin Haoran appears calm and composed.

In his opinion, the situation in Yingni, Qingzhou has basically stabilized, and all that needs to be done next is to wait for oil prices to continue to rise.

In the coming months, international oil prices will continue to rise due to insufficient supply, and many oil companies will even face the embarrassing situation of having no oil to buy.

At that time, he had no worries about selling the crude oil he had stockpiled in advance.

If the news gets out, someone will definitely come to you.

In the blink of an eye, a new day has quietly arrived.

In the morning, Lin Haoran first went to Qingzhou Yingni Company to deal with some work matters.

Burton, the current general manager of Qingzhou Yingni, is indeed a very outstanding management talent.

Lin Wanan had doubts about Burton's ability at this time, so he took time out to visit Qingzhou Yingni Company for an in-depth investigation.

The inspection results are gratifying. Under Burton's careful management, the entire company presents an orderly and vibrant scene.

Burton actually had good connections in the Philippines. After becoming the general manager, he no longer kept them and once again brought many high-quality customers to the company.

By noon, Lin Haoran returned to Wan'an Group and continued to learn from his father's experience in managing a company.

Every day, he felt that he had made a lot of progress.

Of course, Lin Haoran already had a clear plan in mind. He did not intend to completely copy his father's management style of doing everything himself.

He understood that although this approach demonstrated a high sense of responsibility and professionalism, in the long run it would not only easily cause personal physical and mental exhaustion, but might also affect the company's overall operational efficiency.

Therefore, he prefers to learn and draw on advanced Western management concepts, emphasizing teamwork and professional management.

Lin Haoran believes that a successful entrepreneur should learn to let go at the right time and hand over the daily operations of the company to managers with professional capabilities and professional qualities.

Just like the Qingzhou Yingni Company, he now boldly handed over all matters of the company to Burton for management.

In the future, after his father Lin Wanan retires completely, Lin Haoran plans to find a suitable management talent for Wanan Group.

As for him, it is enough for him to just take control of the overall situation!
"It's getting late, Hao'er, we should leave. I have already made an appointment for the visit in advance." Around six o'clock in the evening, Lin Wanan whispered to Lin Haoran.

Yesterday, Lin Wanan had revealed today's arrangements to Lin Haoran, saying that he would take him to meet an important person.

Although this sense of mystery made Lin Haoran a little curious, he remained calm and did not ask too many questions.

Hearing his father's reminder, Lin Haoran quickly stood up from his chair, with an excited smile on his face, and responded to Lin Wanan: "Okay, Dad! I'm ready."

"Dad, where is our destination?" Lin Haoran couldn't help but ask when they arrived at the underground parking lot of Wan'an Group Building.

"Let's go to the Baijia Road villa area." Lin Wanan said with a smile.

The residents of the Barker Road villa area, like the Deep Water Bay villa area, are either rich or noble.

(End of this chapter)