Be real about acting!

Bao Yugang knew that the more this time, the more he could not make Wade Shi Yahuai suspicious, and he had to further fix his thinking, so as to benefit his plan.

Maybe we can take this opportunity to get greater results and play a greater role in helping Xia Yu.

Therefore, he had a deep expression on his face, and did not answer Wade Shi Yahuai's question for a long time, appearing very cautious and hesitant.

Wade Shi Yahuai's heart moved, his eyes rolled, and he had an idea in his heart.

He leaned back and said in a mocking tone: "Mr. Bao, to be honest, I didn't expect that you would secretly set up an airline, do you want to compete directly with our Swire Airlines?

As soon as these words came out, Bao Yugang's face suddenly became gloomy, and he said lukewarmly: "Mr. Shi Yahuai, do you want to force us to compete with Swire Aviation in all fields?"

"If you don't believe in our financial resources, I think we can try!"

(⊙o⊙)...

He didn't expect that Bao Yugang, who had been begging for the equity of Xiangjiang Airport Ground Service Company, would change his temper and his attitude would become rigid.

Wade Shi Yahuai was directly frightened, but he could only endure it, he realized that he had miscalculated.

However, the negotiation is the most imposing, and he can't talk about it if it's too direct, but he can pull the initiative back, after all, Swire Airlines now has a huge advantage.

Wade Shi Yahuai's expression was as usual, and he said lightly: "Mr. Bao, you don't need to say anything angry, you have strong financial resources, and the financial resources of our Swire Consortium are also obvious to all, and verbal disputes are meaningless." ”

"The current market situation is very clear, we at Swire Aviation cover all areas of aviation, even if your Dongfeng Airlines wants to compete, it will not be able to break our blockade. ”

"However, we at Swire Airlines have always welcomed competition, and we have always believed that competition and cooperation coexist, and competition can promote common progress and open up a larger market, so we also want to help Dongfeng Airlines grow and become a world-class airline from Hong Kong to the world. ”

"But after all, the cooperation is on both sides, what we think is useless, the key depends on whether Mr. Bao is willing to accept our goodwill. ”

How hypocritical this sounds.

From Wade Shi Yahuai's hypocritical words, Bao Yugang also knew that he was already in a hurry, and he couldn't leave Dongfeng Airlines between the lines.

Obviously, he wanted the stake in the ground handling company at Heung Kong Airport, and Swire Airlines was firmly seated in Diaoyutai.

But now it is Wade Shi Yahuai who wants an equity stake in Dongfeng Airlines, moving from passive to active.

What a chance!

Seeing Wade Shi Yahuai staring straight at him, Bao Yu just knew that it was time to play the next paragraph.

He slowed down and said: "Mr. Shi Yahuai, your words are reasonable, Swire Airlines can achieve this level, it has a lot to do with your mind, if you can cooperate to achieve a win-win situation, of course, it is the best." ”

"But Mr. Shi Yahuai, Dongfeng Airlines has a registered capital of up to one billion Hong Kong dollars and has already started construction, even if you count the assets, what can you come up with to invest in shares?"

"I have to tell you in advance, Dongfeng Airlines is not short of money, I am not short of money, and now the company's billions of Hong Kong dollars are not known how long it will take forever, so if you plan to inject capital into the shares, then forget it. ”

Wade Shi Yahuai looked tangled, facing Bao Yugang's conditions, he felt very tricky, but he couldn't overturn it.

After all, he first proposed that as long as the equity does not need money, Bao Yugang just put forward the same conditions as him, if he overturns Bao Yugang's conditions, he will also overturn his own conditions, then there is no need to talk about it.

Looking at the faint smile on Bao Yugang's face, Wade Shi Yahuai said with a stubborn smile: "Since Mr. Bao is not short of money, then it is natural to replace it with other assets, such as Mr. Bao, the equity of the Xiangjiang Airport Ground Handling Company that you hoped to buy from the beginning." ”

Bao Yugang immediately picked up the conversation and said: "This is okay, but I don't know how much equity Mr. Shi Yahuai is going to take out to replace the equity of Dongfeng Airlines?"

"This ......"

Wade Shi Yahuai was suddenly embarrassed, and according to the preliminary preparations made when he came, combined with the current situation of the negotiation, he quickly thought about it in his heart.

Swire Airways holds a 41% stake in Heung Kong Airport Ground Handling Company and 4% through Cathay Pacific, for a total of 45%.

The valuation of Hong Kong Airport Ground Handling Company in Economic Weekly is HK$350 million.

Based on this valuation, the 45% equity interest directly or indirectly held by Swire Airlines is worth HK$157.5 million.

Even if all of them are used to replace the equity of Dongfeng Airlines, it can only replace 15.75%!

But you can't do that!

If it is replaced, then Swire Airlines will lose its ground handling company at Xiangjiang Airport, and there will be another gap in Swire Airlines' industrial chain.

After careful consideration, he decided to retain more than 33.3% of the shares of the Heung Kong Airport Ground Handling Company, and could not break through this line, retaining the right of veto, and still maintaining Swire Airlines' control and interests over it.

Thinking of this, he immediately said: "Mr. Bao, Swire Airlines can take out 11.5% of the equity of the Xiangjiang Airport Ground Handling Company!"

Bao Yugang's eyes froze, and he secretly said that Wade Shi Yahuai's vigilance was strong enough, and he still remembered a third of this line at this time.

This is not what he wants!

Therefore, he said with a smile: "Mr. Shi Yahuai, 11.5% of the equity is too small, you are too insincere!"

Wade Shi Yahuai was unmoved, shook his head and said: "Swire Airlines will only come up with so many equity transfers, this is the bottom line!"

"If there are too many transfers, the company can easily get out of control. ”

Speaking of which, Wade Shi Yahuai deliberately looked at Bao Yugang for a few seconds, as if he wanted to see something.

Although in Bao Yugang's opinion, Wade Shi Yahuai's actions are pretentious, but he does not dare to take the risk of making him really suspicious.

His heart moved, and he planned to negotiate in a different way to see if he could make Wade Shi Yahuai give up his insistence.

I saw Bao Yugang smile lightly and said: "Mr. Shi Yahuai is too unconfident in himself, but this is understandable. “

"We are all replacing at a parity, 11.5% of the equity, can only replace about 4% of the equity of Dongfeng Airlines, am I right?"

"If that's right, the deal can be done today. “

Holding four percent of Dongfeng Airlines' equity is a fart, how can Wade Shi Yahuai be satisfied!

He immediately shook his head and said: "Mr. Bao, don't worry, listen to me first, I am ready to replace 20% of the equity of Dongfeng Airlines!"

Bao Yugang was sure in his heart, but his brows furrowed on his face, and he refused to say: "Mr. Shi Yahuai, this amount of equity is too much, Dongfeng Airlines is a new company, and you can't transfer too much equity at the beginning!"

"And with all due respect, even if you want to replace 20% of Dongfeng Airlines' equity in addition to the 11.5% equity of the Xiangjiang Airport Service Company, you still have to come up with assets worth 160 million Hong Kong dollars that are beneficial to Dongfeng Airlines, which is unrealistic!"

The former sentence clearly refused, but the latter sentence left a turning point, and also used a more obscure agitation method.

The pocket has been opened, and it depends on whether Wade Shi Yahuai will get in headlong.

After finishing speaking, Bao Yugang paid close attention to any change in Wade Shi Yahuai's expression, and he was somewhat looking forward to Wade Shi Yahuai's reaction.

Sure enough, Wade Shi Yahuai did not see through Bao Yugang's routine, thinking that Bao Yugang resisted the transfer of so many shares.

The more this happened, the more firm his mind became.

He said: "Mr. Bao, 4% equity is too little, less than 20%, it can't guarantee the interests of Swire Airlines, so how can we fully cooperate with Dongfeng Airlines?"

"As for assets, you can't help but underestimate our Swire Airlines, in order to show our sincerity, we can take out the shares of Cathay Pacific and Heung Kong Aircraft Engineering Company for replacement, what do you think?"

After speaking, Wade Shi Yahuai smiled lightly and looked at Bao Yugang quietly.

Wade Shi Yahuai took the initiative to jump into the pit!

Bao Yugang was overjoyed.

The east is not bright, the west is bright!

As long as Wade Shi Yahuai takes out even one percent of Cathay Pacific's equity, he can play a key role, even if he does not help Xia Yu control the Xiangjiang Airport Ground Service Company!

After all, in order to obtain more than 66.7% of the equity of the Xiangjiang Airport Ground Handling Company, Xia Yu did not want to forcibly transfer the 45% equity of Cathay Pacific Airways held by the company?

As long as it exceeds 50 percent and falls below 66.7 percent, 0.1 percent more is exactly the same as 4 percent more!

He pretended to be embarrassed and thought for a long time, and only then relieved Wade Shi Yahuai when he was a little breathless: "Mr. Shi Yahuai, you might as well say first, how many shares are you going to take out of Cathay Pacific Airways and Xiangjiang Aircraft Engineering Company?"

When Bao Yu was just pretending to think, Wade Shi Yahuai also calculated in his heart.

Therefore, in the face of Bao Yugang's question, he immediately replied: "Cathay Pacific Airways and Heung Kong Aircraft Engineering Company each have 5% equity!"

After speaking, he further explained: "According to the valuation of Cathay Pacific Airways, it has reached 2.8 billion Hong Kong dollars, and 5% of the equity is valued at 140 million Hong Kong dollars. ”

"And the real-time market value of Heung Kong Aircraft Engineering Company is now 710 million Hong Kong dollars, not to calculate a fraction, 5% of the equity is worth 35.5 million Hong Kong dollars!"

"The combined value of these two shares is 177.5 million Hong Kong dollars, which is enough to replace 17.75% of the equity of Dongfeng Airlines, right?"

"A little more, if Mr. Bao minds, I can also reduce some of the shares, but if I do this, Mr. Bao will have to lose a seat on the board of directors of a company. ”