Film and Television: Bao Zong has finance in his left hand and entertainment in his right.

But for Liu Xiaobao right now, having such a group is completely useless. He can't even manage his own 'Tianbao Group', so he doesn't have the time or energy to have another group company.

Therefore, Liu Xiaobao's announcement of the acquisition was just a gimmick and a slogan. What he really wanted to do was to make a name for 'Tianbao Group' and make some money on the side.

According to the report from the person in charge of the transaction, Tianbao Group invested a total of 3.7 billion yuan in this battle. After driving up the stock price, the return has now become 6.2 billion yuan.

In other words, Liu Xiaobao made a profit of 2.5 billion yuan in just a few days from this acquisition.

Therefore, Liu Xiaobao has undoubtedly won this battle beautifully.

The manager in charge of transaction 2.9 finally understood Liu Xiaobao's intention in selling off and leaving the market. It turned out that Liu Xiaobao did not really want to acquire the company, but was just using the guise of acquisition to make money off the other party!

When the supervisor told the traders about the results, they finally understood. When Liu Xiaobao's image reappeared in their minds, their eyes were filled with admiration and respect.

After his moment of triumph, Liu Xiaobao gave another wicked smile.

"The war with the Southern International Group is over. Now it's your turn, Qilin Society!"

After muttering this to himself, Liu Xiaobao immediately had someone contact reporters from Pujiang TV and other major media outlets in Pujiang.

The news about Tianbao Group's acquisition of Southern International Group is currently very popular, and major media outlets immediately dispatched reporters to the site as soon as they received a call from Tianbao Group.

Chapter 102 Two Announcements from Tianbao Group (Please Subscribe)

Within just half an hour, reporters from more than a dozen media outlets gathered in the lobby of Tianbao Group.

Liu Xiaobao did not disappoint the reporters or keep them waiting long; he soon appeared before them.

"First of all, on behalf of Tianbao Group, I would like to thank all the media reporters for coming. I know that you all make a living from information and value time efficiency, so I won't keep you in suspense. The reason I invited you all here today is that Tianbao Group has two things to announce."

As Liu Xiaobao finished speaking, all the reporters present sprang into action.

The reporters immediately shoved their microphones toward Liu Xiaobao, the photographer quickly turned on his camera, and the photographer hurriedly pulled out paper and pen.

Liu Xiaobao cooperated with the reporters, and only after they were all ready did he begin to announce.

"The first matter concerns our Tianbao Group's acquisition of 'Southern International Group'. Since 'Southern International Investment' has withdrawn its acquisition of 'Yingzhou Industry', after discussions among our group's senior management, it has been decided that we will also abandon this acquisition of 'Southern International Group'."

The first piece of news that Liu Xiaobao announced surprised the reporters, but they also found it to be quite reasonable.

01

In their understanding, Tianbao Group launched a counter-acquisition against Southern International Group because Nanguo Investment forcibly acquired Yingzhou Industry.

Now that 'Nanguo Investment' has withdrawn its forced acquisition of Yingzhou Industry, it means that 'Nanguo Investment' has surrendered and admitted defeat. Since 'Tianbao Group' has won this victory, there is no need for 'Nanfang International Group' to fight to the death.

Therefore, the reporters present could understand Liu Xiaobao's first announcement, and as local media in Pujiang, they couldn't help but applaud Tianbao Group for winning this business battle.

Little did they know that Liu Xiaobao was merely using Qiang Mujie's withdrawal from the stock market as an excuse to give the outside world an explanation.

Otherwise, people would definitely think that Liu Xiaobao didn't keep his word.

After all, Liu Xiaobao had publicly announced his intention to acquire 'Southern International Group', but now that he has backed down halfway through, some people will inevitably make fun of him for it.

But now that 'Nanguo Investment' has released 601 shares, Liu Xiaobao can use this opportunity to legitimately legitimize 'Tianbao Group'.

If Qiang Mujie hadn't sold off 601, Liu Xiaobao would never have mentioned Tianbao Group's acquisition of Southern International Group to reporters.

Even if Liu Xiaobao made more than 2 billion yuan in this acquisition battle, he would not mention it. After all, he did break his promise in front of the public. He said he would acquire 'Southern International Group', but he withdrew halfway through. That is a fact.

But now that 'Nanguo Investment' has sold its 601 shares, the situation is different, and Liu Xiaobao naturally dares to announce it in public.

Seeing the understanding looks on the reporters' faces, Liu Xiaobao nodded in satisfaction before continuing.

"The second matter concerns our 'Tianbao Group's' shareholding in Yingzhou Industry. Although our 'Tianbao Group' currently holds more than 5% of Yingzhou Industry's shares, we, 'Tianbao Group,' here today to announce that no matter how many shares we hold, we will not participate in any actual operation or management of Yingzhou Industry!"

After announcing the news, Liu Xiaobao knew that the reporters didn't quite understand, so he added another sentence.

"The controlling shareholder of Yingzhou Industry can rest assured that our 'Tianbao Group' will not take advantage of your misfortune. As for the Yingzhou Industry shares held by our 'Tianbao Group,' we will just hold them as ordinary shares. When the market for Yingzhou Industry improves, we will slowly sell them to make a small profit. If the market is bad, our 'Tianbao Group' will consider it a failed investment. Losing a little is no big deal. We will consider it as helping our local enterprises in Pujiang overcome a difficult situation!"

Sure enough, after hearing Liu Xiaobao's additional statement, the doubts in the reporters' eyes were dispelled.

It turns out that Tianbao Group only considered its shareholding in Yingzhou Industrial as ordinary stock trading and had no intention of acquiring Yingzhou Industrial.

Seeing that the reporters understood, Liu Xiaobao didn't linger any longer. He said goodbye to the reporters and turned to go back to his office upstairs.

The reporters rushed back to their offices and immediately disseminated the two announcements from Tianbao Group.

Soon, the two pieces of news that Liu Xiaobao publicly announced spread throughout Pujiang and then to all parts of the country.

When these two pieces of news reached the Chinese people, those who had been waiting to see the 'Southern International Group' change of ownership all had an expression of 'I knew it', as if they had long predicted that Liu Xiaobao would not be able to successfully acquire it.

However, Liu Xiaobao's reason was also accepted by everyone: since the other party had already surrendered and admitted defeat, it would seem a bit unreasonable for Tianbao Group to continue fighting to the death.

Therefore, everyone can understand why Tianbao Group went on strike.

As for the matter of 'Tianbao Group' holding shares in Yingzhou Industry, people in other places are not so concerned, but those in Pujiang who hold shares in 601 are concerned about it.

Because right after Liu Xiaobao publicly announced those two pieces of information, the stock price of 601, which had just rebounded slightly, fell again.

There is no other reason.

The reason why everyone felt more confident and assured was that after Tianbao Group made its public announcement of its takeover bid, everyone believed that with such a powerful company as Tianbao Group taking over Yingzhou Industry, Yingzhou Industry would surely reach new heights. As a result, Yingzhou Industry's stock price rebounded from 10.18 yuan per share to 10.88 yuan per share.

But now that Tianbao Group has publicly stated that it will not take over Yingzhou Industry or interfere in any of Yingzhou Industry's affairs, hasn't that shattered everyone's original hopes?

Therefore, on the same day that Liu Xiaobao publicly announced the news, the stock price of 601 changed from a slow rise to a rapid fall.

By the close of trading that day, the share price of 601 stock had fallen from 10.88 yuan to 9.9 yuan per share.

It's obvious to anyone with eyes that if Tianbao Group doesn't step forward to express its support for Yingzhou Industry, 601's stock price will fall even further.

This is true.

Less than an hour after the market opened the next day, the share price of 601 stock fell by two cents to 9.7 yuan per share.

The thirteen members of the Qilin Society gathered again to discuss countermeasures.

However, after much discussion, they still couldn't make up their minds whether to withdraw now at a loss or continue to hold and wait for the stock price to rise before selling.

Just as the thirteen members of the Qilin Society were unable to reach a consensus, one of them seemed to remember something and asked Doctor Wu.

"Dr. Wu, do you think that kid Abao is holding a grudge against us for tricking him last time, and is deliberately getting revenge on us?"

Chapter 103 The Qilin Society's Choice, A Beautiful Woman Invites Me to Dinner (Please Subscribe)

Dr. Wu paused for a moment, then frowned slightly and asked the member a question.

"You mean that kid already knows we hold a large number of 601 shares?"

Before the member who had spoken earlier could reply, another member chimed in to continue Dr. Wu's words.

"Is that even a question? When Tianbao Group was snapping up those shares that Nanguo Investment dumped, we were also buying them up in large quantities. In the entire Pujiang area, besides our Qilin Society, who else has the strength to buy up so many shares? As long as Abao isn't stupid, he'll definitely guess that it was our Qilin Society that made the move."

Dr. Wu nodded in agreement, but instead of responding, he began to think.

After a moment, Dr. Wu finally spoke.

"Now that you've reminded me, I really think that kid Abao is intentionally trying to get revenge on us. So now it's not a matter of losing money, but a matter of face for our Qilin Society. We have to compete with him on the 601 stock."

One member tentatively asked, "Dr. Wu, do you mean we should also participate in the equity competition for Yingzhou Industry?"

Dr. Wu shook his head.

"No, we at Qilin Society have always stayed behind the scenes. Every time we buy a stock, we hold it in multiple accounts, and no single account ever holds more than five percent of the shares. This is to avoid having to disclose our identities by making a public announcement. Even if we have to deal with that kid Abao this time, we still can't expose ourselves. Otherwise, we won't be able to control any stock from behind the scenes in the future."

The member then asked, "Since we're not participating in the equity competition, how are we supposed to compete with him? Are we supposed to keep investing money to drive up the price of 601?"

Before Dr. Wu could respond, another member spoke up: "The news released by Tianbao Group is unfavorable to Yingzhou Industry. Even if we invest more money, we may not be able to raise the stock price of 601."

Dr. Wu nodded and said, "That's right. Given Yingzhou Industry's current situation, if we were to invest more money in 601 now, it would be like filling a bottomless pit with soil. No one can predict how much soil it would take to fill it. Besides, we already have more than 500 million yuan worth of 601 shares tied up in our hands. Investing more money would be really unwise. So we can't use the old methods to drive up the 601 stock price anymore. We can only use other methods to compete with that kid Abao."

"Another way? Dr. Wu, what do you mean?"

Doctor Wu glanced at everyone present, then spoke slowly.

"Although Abao's goal is to get revenge on us, he holds just as many 601 shares as we do. It's unlikely he'll actually watch the 601 share price plummet to rock bottom. So we just need to wait patiently for him to jump out and drive up the 601 share price himself. At that time, we can not only turn our losses into profits, but also win this battle without a fight. What do you think?"

The members of the Qilin Society looked at each other and finally reached a consensus, saying, "Okay, then we'll continue to hold 601 and wait for it to rise before selling!"

The Qilin Society made its final decision, and Li Li at Zhizhen Garden also made up her mind. She dialed Liu Xiaobao's number.

"Mr. Bao, are you free tonight?"

"If it's Miss Li who invites me, I'll make time for her even if I don't have time!"

"I didn't expect to have such a high regard for you, Mr. Bao. I thank you in advance for gracing me with your presence. I'll be treating you to dinner at Zhizhen Garden tonight. I hope you'll do me the honor of attending."

"If a beautiful lady invites me to dinner, of course I'll go."

"Then I won't bother you any longer, Mr. Bao. See you at Zhizhen Garden tonight!"

"Okay, Miss Li, see you tonight!"

After hanging up the phone, Li Li breathed a long sigh of relief on the other end, and Liu Xiaobao on the other end also let out a soft sigh of relief.

Liu Xiaobao stood in front of the floor-to-ceiling window, looking down at the bustling Nanjing Road, and chuckled softly.

"It seems that Li Li has made her decision. My Tianbao Group is about to gain another great general!"

In fact, from the conversations Liu Xiaobao and Li Li had had a few meetings, Liu Xiaobao had already figured out that Li Li had never run a restaurant business before. Moreover, from the fact that Li Li could mention Mr. A and knew Qiang Mujie, Liu Xiaobao concluded that Li Li's previous work was related to finance.

The fact that Li Li was able to make 'Zhizhenyuan' so successful proves that this woman is very good at investing.

Therefore, Liu Xiaobao genuinely hoped that Li Li could join the Tianbao Group, and he was even prepared to hand over the Tianbao Investment Company to Li Li to manage.