RPAGF Chapter 366 The Business World is Like a Battlefield
Chapter 366 The Business World is Like a Battlefield
It was just a simple sentence, yet it carried immense weight.
A hoarse laugh came from the other end of the phone.
"Tiansheng, you're quick on your feet. Okay, I'll cooperate with you."
At 3 p.m., Hongpu Chemical's stock price suddenly surged with increased trading volume, eventually closing at 0.54 yuan, with its market capitalization exceeding 100 million yuan.
Jiang Tiansheng looked at the after-hours data.
"Mr. Jiang, Mr. Lin has arrived."
The secretary whispered a reminder.
"Let him in."
The office door was pushed open, and Lin Luoqi walked in with a gloomy face.
The former general manager of Yiren Real Estate still wears a suit and tie, but the sharpness in his eyes has been replaced by a sense of defeat.
"Brother Tiansheng, it's been a long time."
Lin Luoqi forced a smile.
Jiang Tiansheng gestured for him to sit down and personally poured him two glasses of whiskey.
I heard you were transferred from your position as general manager?
Lin Luoqi's fingers gripped the wine glass tightly, his knuckles turning white.
"That old bastard Lin Zuhui not only dismissed me, but also carried out a major purge in the company; all my people were replaced!"
"Does he still hold a board member position?"
"Hmph, just a figurehead."
Lin Luoqi tilted his head back and gulped down half a glass of wine.
"Brother Tiansheng, I need your help. I either need to take back Yiren Real Estate, or... we can cooperate and start anew."
Jiang Tiansheng swirled the amber liquid in his glass.
Haofeng Real Estate already holds more than 30% of Yiren Real Estate's shares. If you acquire another 10%, it will trigger a full takeover offer, which is too risky.
"Then what do you think we should do?"
Lin Luoqi asked eagerly.
"I suggest..."
Jiang Tiansheng put down his wine glass and looked directly at Lin Luoqi.
"Why don't you acquire a small publicly traded company and start from scratch? With your abilities, you can achieve something significant in less than two years."
......
Lin Luoqi frowned.
"But my mother told me to be patient..."
“Your mother is right.”
Jiang Tiansheng nodded.
"Your hasty actions now will only escalate the conflict. Wasn't Dehe Real Estate handed over to the Li family for management? Don't rush to take back the operating rights for now."
Lin Luoqi's expression darkened further when Dehe Real Estate was mentioned.
The Li family members appeared respectful on the surface, but who knows what they were plotting behind the scenes.
Jiang Tiansheng subtly changed the subject.
"Speaking of the Li family, are you interested in Hongpu Chemical? We are preparing to sell it."
Lin Luoqi's eyes lit up.
"what price?"
"It will be traded at market price. Paramount holds a 71% stake, which is worth about 7600 million based on today's closing price, but the actual transaction may exceed 1 million."
Jiang Tiansheng paused.
"You could consider cooperating with the Li family."
Lin Luoqi seemed to be deep in thought.
"I need to review the information before making a decision."
"no problem."
Jiang Tiansheng pressed the inside line.
"Prepare a detailed document about Hongpu Chemical for Mr. Lin."
After Lin Luoqi left, Jiang Tiansheng stood by the window, pondering how to further inflate the stock price of Hongpu Chemical.
This company has completed its transformation and has almost no real assets in the industrial sector. The only valuable thing is the 6.3 square feet of land that it mortgaged to Standard Chartered Bank.
"Pollution control..."
Jiang Tiansheng muttered to himself.
The pollution problem on that land is quite serious and will be very troublesome to clean up. It is currently valued at about 5000 million.
But in his view, these are all minor issues that can be temporarily ignored.
In the evening, Jiang Tiansheng's car was parked in front of the Mandarin Oriental Hotel.
He straightened his tie, stepped into the elevator, and went straight to VIP room 303.
"Mr. Jiang, it's an honor to meet you!"
Li Yude greeted them warmly, with his daughter Li Min standing beside him.
Today, Li Min wore a well-tailored cheongsam, her long black hair was styled in an updo, revealing her slender neck.
She smiled and nodded to Jiang Tiansheng.
"Hello, Uncle Jiang."
"Mr. Li, you're too kind. Minmin is getting more and more beautiful."
Jiang Tiansheng responded politely.
After drinking a round of wine, Li Yude put down his chopsticks and asked casually.
"I heard that General Manager Jiang is planning to sell Hongpu Chemical?"
Jiang Tiansheng picked up a piece of abalone, savored it slowly, and then answered.
"The company already had a plan to sell, and the parent company, Paramount Restaurant, needed to recoup funds."
"Oh?"
Li Yude squinted.
"However, I heard that Hongpu Chemical's net asset value and asset value are both lower than its market capitalization, so this price..."
Jiang Tiansheng chuckled and put down his chopsticks.
"Mr. Li, listed real estate companies never value net asset value. Hongpu Chemical has a low debt ratio and can increase its assets through loans to make its asset value match its market value."
Li Min suddenly interrupted, her slender fingers gently tapping her wine glass.
"Uncle Jiang, besides its low debt ratio, what other advantages does Hongpu Chemical have that justify this price?"
Jiang Tiansheng's gaze lingered on Li Min's face for a moment; this girl was indeed extraordinary.
"Minmin asked a good question."
Jiang Tiansheng poured himself a glass of Moutai.
“If it were sold as an asset, there would be plenty of buyers. We at Paramount will screen for quality buyers.”
He paused.
"For example, the coastal land in Tuen Mun owned by Hung Po Chemical has huge potential for future appreciation."
"But doesn't that piece of land have environmental issues?"
Li Yude frowned.
"The cost of environmental remediation is completely controllable."
Jiang Tiansheng swirled his wine glass.
"To be honest, if it weren't for my past conflict with Liu Jiehui of Standard Chartered Bank, that land would have been developed long ago."
Li Min's eyes gleamed.
"Does Uncle Jiang mean that Hongpu Chemical will transform into a real estate company under your management?"
"clever."
Jiang Tiansheng gave her an approving look.
"After the acquisition, we will raise funds through Hongpu Chemical's listing platform. With increased brand awareness, subsequent operations will be much easier."
Li Yude and his daughter exchanged a glance and hesitated.
"Mr. Jiang, to be honest, our funds might be..."
"Elder Li could consider collaborating with Lin Luoqi..."
Jiang Tiansheng interrupted him.
"This way, you can not only control Dehe Real Estate, but also become the second largest shareholder of Hongpu Chemical."
Li Min suddenly put down her wine glass, the sound crisp and clear.
"Uncle Jiang, how about we become the largest shareholder?"
Jiang Tiansheng's smile froze.
He put down his wine glass, his voice turning colder.
"I'm sorry, Paramount needs funds to achieve other goals, and that's non-negotiable."
The private room fell silent for a moment.
Li Yude chuckled twice to smooth things over.
"Minmin is young and doesn't know any better, Mr. Jiang, please don't mind."
"dad!"
Li Min frowned in displeasure.
"We really don't have enough funds, how can we guarantee control?"
Jiang Tiansheng pondered for a moment.
“You can use your shares as collateral for a loan. You need to acquire at least 45% of the shares, and I'll arrange the rest.”
Li Yude wiped the sweat from his forehead.
"This... please allow me two days to consider it."
"of course."
Jiang Tiansheng straightened his suit.
"Looking forward to good news from Professor Li."
After leaving the hotel, the Li family father and daughter went straight back to their villa in Repulse Bay. In the study, Li Min threw her Hermès bag heavily onto the sofa.
"Dad, Hongpu Chemical is not worth that price at all!"
Li Yude lit a cigar and took a deep drag.
“Minmin, you don’t understand. With Hongpu Chemical as a shell company, we can do all sorts of tricks in the capital market.”
"But the risk is too great!"
Li Min was so anxious that she kept stamping her feet.
"We need to pledge the factory loan as collateral, and we also need to bring that vixen Xu Jiawen on board!"
“Xu Jiawen has money, but her son doesn’t know how to run a business.”
Li Yude exhaled a smoke ring.
“We can sign an agreement to make her a figurehead shareholder.”
Li Min bit her lip.
"Dad, this is gambling!"
"The business world is like a battlefield; how can you win without gambling?"
Li Yude stubbed out his cigar.
"I have made a decision to withdraw from Dehe Real Estate and focus all my efforts on acquiring Hongpu Chemical."
Meanwhile, Jiang Tiansheng stood in front of the floor-to-ceiling window of his Central office, overlooking the night view of Victoria Harbour.
My phone vibrated; it was a message from Bai Jinyan.
"President Jiang, everything is arranged."
Jiang Tiansheng gave a cold smile and replied.
"We'll make our move when the market opens tomorrow."
Two days later, a bombshell announcement ignited the stock market. Hongpu Chemical announced the acquisition of the Central First City Tower for 8 million yuan.
Upon the release of the news, Hongpu Chemical's stock price surged, opening at 1.3 yuan and its market capitalization soared to 2.6 million yuan.
Inside the trading room, Bai Jinyan stared at the computer screen, his fingers flying across the keyboard.
"Mr. Jiang, are you going to reduce your holdings now?"
Looking at the constantly fluctuating numbers, Jiang Tiansheng decisively gave the order.
"We have begun to reduce our holdings of the 4 million shares held by Paramount."
A series of trading orders were issued, and the stock price fluctuated briefly before continuing to rise. By the close of trading, Paramount had successfully cashed out 5880 million yuan.
"Pretty!"
Bai Jinyan excitedly slapped the table.
Jiang Tiansheng, however, remained calm.
"Notify the finance department to prepare the documents for the issuance of 5 million new shares."
On October 6, three days after the share reduction was completed, Hongpu Chemical suddenly announced the issuance of 50 million new shares, all of which were subscribed by Paramount, raising 50 million yuan to acquire Wanchai Yunfeng Building.
The news caused an uproar in the market. Some analysts raised questions.
Where did Hongpu Chemical get so much money?
The answer was quickly revealed. Some of the funding came from bank loans. Even more surprisingly, stimulated by a series of positive news, Hongpu Chemical's stock price rose instead of falling, once reaching a high of 1.6 yuan.
The stock price has fallen somewhat after the initial public offering, but its market capitalization has already exceeded 400 million yuan, and its assets have reached 268 million yuan.
The CFO walked into Jiang Tiansheng's office with the latest financial statements in hand.
"President Jiang, Paramount's shareholding ratio has decreased to 60.8%. After deducting the landlords' association's 5%, the actual shareholding is 55.8%."
Meanwhile, inside a private room at a high-end restaurant in Causeway Bay.
Xie Jiyuan stubbed out his cigar in the ashtray.
"Mr. Jiang, you've arbitrarily issued new shares of Hongpu Real Estate. Are you trying to make a fool of us, the Landlords' Association?"
Xie Jiyuan's voice was very low.
Jiang Tiansheng slowly and methodically cut the steak in front of him, the knife and fork making a crisp clinking sound on the porcelain plate.
"Mr. Xie, this is an internal company matter, no need for you to worry about it."
"Internal affairs?"
Xie Jiyuan sneered.
"The new share issuance has artificially inflated the market value, and all the conditions we agreed on have fallen through!"
Jiang Tiansheng put down his knife and fork and wiped his mouth with a napkin.
What does Xie Sheng want?
Xie Jiyuan squinted.
"Pull the stock price up to 1.8 yuan, otherwise..."
"Otherwise what?"
Jiang Tiansheng suddenly laughed.
"Mr. Xie, how about this? You drive the stock price up to 1.8 yuan, and I'll give you ten million shares of Hongpu Real Estate stock, how about that?"
The private room fell silent for a moment, with only the air conditioner humming softly.
Xie Jiyuan tapped his fingers lightly on the table, as if calculating gains and losses.
"Time limit?"
He finally spoke.
"Two weeks."
Jiang Tiansheng raised his glass of red wine.
"make a deal?"
Two wine glasses clinked together in mid-air, making a crisp sound.
On October 9th, Hongpu Real Estate issued an announcement stating that it had acquired Lefu Building for 48 million yuan. The news caused a stir in the market.
"Mr. Jiang, the assets of Lefu Building are worth 310 million, but the liabilities are 160 million, and the debt ratio will rise to 41%."
Financial Director Su Qishan stood in Jiang Tiansheng's office.
Jiang Tiansheng stood in front of the floor-to-ceiling window, overlooking Victoria Harbour.