In Hong Kong, we build a global business empire

Chapter 120 Conditions for a Transaction

"I'm sorry, I'm not interested in your proposal at all. For me, the price of HK$5 is completely beyond my psychological price. Before I came to the company, I already knew that there are a large number of Qingzhou Yingni shares on the stock market, and many of them are below HK$4, and some are even at HK$3.5 or HK$3.4. If I want to buy, I think I will buy those shares first, and there is no need to buy them from you!" Lin Haoran said directly.

The unit price on the stock market is just over 3 yuan, why are you asking for 5 yuan?
Faced with Lin Haoran's direct rebuttal, the shareholders did not seem too angry. They had already expected that the price negotiations would not be smooth sailing.

"So, Mr. Lin, what price do you think is reasonable?" Henry asked on behalf of the shareholders. They were prepared to further adjust their strategy based on Lin Haoran's response.

"There are huge orders for Qingzhou Cement Co., Ltd. shares, which are only priced at HK$3.5, on the stock market, exceeding one million shares, and no one is interested.

Based on this market environment, I propose to purchase shares from you at HK$3.5 per share, which is a very suitable price.

Don't be angry yet. Considering the quietness of the secondary market, I believe it will be difficult for you to find a buyer other than me.

Of course, if you think this price is not appropriate, we can maintain the status quo and continue to work together as colleagues to promote the development of Qingzhou Yingni." Lin Haoran seemed to have no interest in the privatization plan.

He then changed the subject and began to describe the company's grand plan: "I am full of confidence in the future of Qingzhou Yingni. Our cement products have received a warm response from the market and are in short supply.

Therefore, I plan to invest HK$20 to 30 million in the next three years to expand more cement plants. Imagine that from the New Territories to Yuen Long, to Tuen Mun and Hong Kong Island, we will have cement plants everywhere.

This will not only greatly increase our production capacity and market share, but also bring unprecedented profit growth to the company. I have asked General Manager Burton to prepare a detailed investment plan. Once completed, I will share this exciting plan with you. "

Such a naive investment plan would definitely disgust them.

The key point is that Lin Haoran’s current controlling influence on Qingzhou Yingni cannot be underestimated. If he really adopts an aggressive strategy, those shareholders may find it difficult to counter effectively and will really be unable to do anything to him.

Lin Haoran’s idea is very simple, to disgust you to death and see if you are still willing to continue to bear the title of Qingzhou Yingni shareholder!
When these words were spoken, everyone was stunned and looked at each other.

They also guessed that Lin Haoran was probably trying to intimidate them. No matter how stupid Lin Haoran was, he would not really continue to build more cement plants. After all, everyone knew that the market would be saturated. Even if he had this idea, General Manager Burton would persuade him.

But Lin Haoran's words still made people feel cold, prompting them to accelerate their consideration of selling shares. After all, dancing with a controlling shareholder who might use the company's future as a bargaining chip is too risky.

What's more, what Lin Haoran said was true. In the secondary market, the number of orders for Qingzhou Yingni shares below four Hong Kong dollars was huge, almost occupying half of the market.

However, despite this, shareholders are clearly unwilling to easily accept such a low price of HK$3.5 per share, and the game between the two sides has obviously just begun.

"Mr. Lin, the price you proposed is indeed difficult for us to accept. We might as well take a step back and use HK$4.5 per share as the basis for the transaction. This is already a very sincere price, even lower than the average cost of your previous acquisitions. We believe that this is a win-win solution." Henry sincerely proposed a compromise.

“In this case, we might as well put the discussion on privatization on hold for now. I am not enthusiastic about the immediate promotion of privatization. Now that I have become the chairman of Qingzhou Yingni, what I should do now is to optimize the management of Qingzhou Yingni rather than rush to change its ownership structure. I believe that steady development is the key.

Speaking of development, I do have a lot of ideas about the future planning of Qingzhou Cement. I believe these plans can inspire everyone's enthusiasm. Although I have seldom been to the company recently, I already have many development plans for Qingzhou Cement in my mind. Give me some time, I vow to build Qingzhou Cement into a benchmark enterprise in Hong Kong and even in the industry!" Lin Haoran passionately described the company's future.

Obviously, his meaning was very clear, that is, he was not interested in the price of HK$4.5 per share.

At this time, another British shareholder interrupted and said, "Mr. Henry, I think HK$4 per share is more reasonable. The market situation is there, and we have to be realistic."

"Yes, although giving up HK$0.5 will cause us some losses, in the long run, being able to sell it smoothly is the most important thing."

"I agree with Mr. Henry's proposal. HK$4.5 is the biggest concession we can make."

"You are right. It is obvious that Mr. Lin is not interested in HK$4.5. It is useless for us to insist. Our goal today is very clear, which is to reach a deal that both parties can accept."

In the meeting room, shareholders expressed their opinions one after another, and the atmosphere gradually became subtle and tense.

Lin Haoran watched this scene coldly, obviously realizing that differences had begun to emerge among them.

He remained calm and waited for things to change.

"Mr. Lin, we need some time to communicate with each other. Can you give us ten minutes?" Henry, as the shareholder with the largest shareholding, politely made a request to Lin Haoran.

"Of course, go ahead." Lin Haoran responded calmly, feeling somewhat confident of winning.

He already knew that these shareholders were very eager to sell Qingzhou Yingni shares, and as long as the price was right, it was only a matter of time before the deal was reached.

So he stood up and left the meeting room, walked into the corridor, and finally returned to his office. Through the large glass windows, he looked down at the busy scene of the factory below.

Although the newly acquired and renovated cement plant in Luzon Island has effectively alleviated the supply pressure of the Hung Hom Cement Plant to the Philippine market, the Hung Hom Plant still bears the heavy responsibility of cement supply to the Hong Kong and Macau regions, and the daily demand remains high.

This shows that the infrastructure industry is also very profitable.

Ten minutes later, Lin Haoran walked into the meeting room again with a leisurely pace.

Everyone was very quiet at this moment. It was obvious that they had already discussed it and should have reached a consensus.

"Mr. Lin, we have already discussed it, and we agree to the price of HK$4 per share!" Henry said to Lin Haoran on behalf of everyone.

"Um, Mr. Henry, did you make a mistake? I never said that I would buy your shares at a price of HK$4 per share?" Lin Haoran shook his head.

Indeed, he never said from the beginning to the end that he wanted to acquire them at a price of HK$4, but these people felt that Lin Haoran had already accepted this price.

In fact, he did accept this price. He said HK$3.5 just to bargain better. HK$4 was actually his psychological price. This price was already very cost-effective, but he had other conditions.

A share at HK$4 is enough to make these people lose money. They refused to sell it yesterday at HK$4, but now they are offering it at HK$.

In order to keep the previous financial secrets, the former chairman, Khalil Centurion, had no choice but to sell his shares at this price.

Now, these people actually dared to report him privately. This could be considered as Lin Haoran's revenge on them.

"If I can't even sell it for HK$4, I'd better keep my position as a shareholder. Although I really want to sell it, I have a bottom line."

"That's right, the price of HK$4 is already sincere enough."

They didn't expect that Lin Haoran would be so difficult to deal with.

I originally thought that he was just an arrogant young man, and as long as everyone took turns to persuade him, he would definitely agree to the deal.

Unexpectedly, the other party was so acting like a monkey and refused to listen to anything I said.

Just when the atmosphere was about to reach a deadlock, Lin Haoran changed the subject: "However, the price of HK$4 per share is not out of the question. My funds are indeed enough to buy out all the shares held by everyone present.

But before that, I have a condition. As long as you agree, I will buy all your shares at HK$4 per share."

As soon as these words were spoken, the light of hope rekindled in the eyes of the shareholders, and they all turned their eyes to Lin Haoran.

"Mr. Lin, please tell me frankly, what are your conditions? As long as we can, we will fully cooperate." Mr. Henry was the first to express his position, and other shareholders also nodded in response, waiting for Lin Haoran's next words.

“My conditions are actually very simple. You should also know that in previous media interviews, I have made it clear that I do not have the strength to privatize Qingzhou Yingni Company at present.

Therefore, if I suddenly buy out your stocks and start the delisting and privatization process, it will undoubtedly attract external doubts and may even be misunderstood as stock market manipulation, and then face legal risks of false transactions, which is a situation I absolutely do not want to see. ” Lin Haoran frankly explained his concerns and conditions.

He further explained: “Originally, the stock market incident was not caused by me, but was a chain reaction triggered by the complaint letter from the five shareholders. Although I was not involved, I have publicly stated that due to funding constraints, privatization is not considered for the time being. If I take action at this time, it will obviously contradict my previous statement and give the regulators a handle.

Therefore, my condition is that you need to help me solve this potential public relations and legal problem. As long as you help me solve this problem, I can achieve a smooth transfer of shares and avoid unnecessary misunderstandings and accusations against me and the company. Then I can advance the privatization of the company."

Lin Haoran’s condition is very simple. If you help me solve this problem, I can complete this transaction with confidence, and then our deal will be done.

"Mr. Lin, I didn't expect you to be so cautious. We didn't consider it carefully enough. This may indeed cause you trouble. But please rest assured that we can help you solve this matter." Henry said directly.

This matter is indeed easy to resolve, but it cannot be resolved by Lin Haoran, but by the shareholders collectively.

As long as there is evidence to prove that Lin Haoran's sudden idea of ​​privatization was a complete accident and was entirely caused by external factors, it is naturally impossible to prove that Lin Haoran was manipulating the market.

It’s a new month, please give me monthly tickets. I had too few monthly tickets last month.

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(End of this chapter)