Li Jingwei was going to catch a plane back to Puhai on Friday morning. After getting up early to exercise as usual, I had breakfast with Zhao Yici and rushed to Kyoto Airport.

Zhao Yici, who has been moistened by love, is more and more radiant, the original beauty of the fairy, after moisturizing, the skin is even more blown, with a smile and a look back, it is charming and charming.

From the moment the two got out of the parking lot, they both maintained a super high rate of turning heads, which made Li Jingwei, who has always been calm, a little unbearable.

When Zhao Yici's eyes were slightly red and tears filled him when he sent Li Jingwei to board the plane, he even had an impulse for a moment that he would not go anywhere, so the two of them stayed together.

In the end, reason prevailed over emotion, and I reluctantly boarded the plane amid the sound of radio urging.

Out of Puhai Airport, Li Jingwei saw Wei Gongquan standing next to the car.

"Uncle Wei, didn't you say you didn't need to pick me up, I'll take a taxi and go back.

"I just happened to be fine, I guess you're almost there, so I'll come and pick you up. Wei Gongquan looked at Li Jingwei lovingly, opened the trunk, and helped him put his luggage in.

"Uncle Wei, you rest, I'll open it. ”

"You're not familiar with the road here, so I'll drive it," Wei Gongquan replied.

Seeing Li Jingwei pick up the information next to his seat, Wei Gongquan said again: "That's the company's annual report that your mother read yesterday, and a Fujian company wants to buy your mother's company, Putai shares."

As a veteran listed company, Putai Co., Ltd. is mainly engaged in automobile tires. With the development of the domestic automobile market, the company's performance has been very good. However, the high profits have also attracted a large number of competitors to enter, so the competition in the industry has been very fierce in the past two years.

In particular, some companies do not hesitate to compete at low prices in order to gain market share. Even so, due to optimism about the future development of the Huaxia automobile market, there are still companies that continue to enter the tire manufacturing industry.

Even a company that used to produce shoes entered the industry. The advertising slogan used by it is 'not only to produce the best shoes for Huaxia people, but also to produce the best 'shoes' for Huaxia automobiles.'" The fierce competition in the industry can be seen.

"Oh" Li Jingwei heard about it for the first time, and he was also very curious. "When is it?"

"It was announced yesterday afternoon. The other party should have acquired the shares of many companies in the secondary market and met the information disclosure requirements of the regulatory authorities before announcing the acquisition. “

"What kind of company is the other party?" asked Li Jingwei.

It is a listed company in Fujian, mainly engaged in automotive glass, and is currently the largest supplier of automotive glass in China and the second largest in the world. This acquisition should be to further expand its business scope. This afternoon, the other party came to the company to negotiate. ”

"Then let's go straight to the company. ”

Negotiations are scheduled to begin at 3:30 p.m., and since the stock market closes at 3:30 p.m., negotiations are scheduled after closing. Affected by yesterday's acquisition news, as soon as the market opened today, the share price of Putai shares was a one-word limit.

When Li Jingwei and the others first arrived at the company, it was not yet 12 noon, so they had a hurried meal in the company restaurant, and then rushed to Xiao Lin's office.

Xiao Lin also held a morning meeting to discuss countermeasures with the company's senior management. Now the company's equity is relatively dispersed, Xiao Lin himself only holds 21% of the shares, and the other party has acquired a large number of shares in the secondary market, and has reached cooperation with several institutional investors. The afternoon negotiations were more of a notice calling for a reshuffle of the board of directors than a negotiation.

At the moment, she is also at a loss. After a few bites of the boxed lunch that the secretary had called, he began to read the information he had collected from the other party again. Seeing Li Jingwei coming in, he couldn't help asking, "Why are you here?"

"Mom, Uncle Wei went to pick me up at the airport just now, and mentioned the acquisition of the company, I'll come over to take a look. ”

"Yes. Already a company in Fujian wants to acquire Putai shares. The other party has done a good job of secrecy, and this matter should have been planned for a long time. Some time ago, your grandfather was sick and hospitalized, and there were some things that I didn't pay attention to. ”

"What is the offer?

"The quote is fair, up 30% from the current share price. That's why many minority shareholders support each other. ”

"Mom, what are you going to do?"

"Of course, Mom didn't want to sell it. However, even if it is not sold, the other party has reached a cooperation with the major shareholders of the institution, and it is estimated that it will lose control of the company in the next board election. ”

"I think it's a good opportunity to exit and sell them shares"

"Alas, you kid, why do you turn your elbow out! If you don't help your mother find a way, why are you still agitating to sell it? Do you want to make your mother unemployed?" Xiao Lin pretended to be angry.

"Mom, it's not unemployed, it's starting a new business. Li Jingwei said seriously: "I read the company's annual report on the way here, and now the vicious price war in the industry has led to the company's profits declining year by year. The technical barrier to entry in this industry is not high, and it is estimated that the competition will be more fierce in the next few years. Therefore, it is not optimistic about the development of this industry in the next few years. Although there will be companies in the market that will eventually survive through competition, from the perspective of Putai's situation, it does not have advantages in terms of technology, capital and market. ”

"In addition, you see that the stock market is overheated now, and the company's stock price has been speculated too high, I took a look, and the company's price-earnings ratio has reached 120 times, which means that to maintain the current profit level, the existing stock price will take 120 years to earn back. Obviously, the stock price is already grossly inflated. Moreover, I expect that soon there will be a correction in the market, when the stock price will fall sharply. The company is now valued at more than 30 billion, and considering the 30% premium, you can cash out nearly 10 billion of the 21% of the shares you hold. “

"Then what are you talking about starting a business again?" Xiao Lin asked.

"There is a subsidiary of Putai Energy under Putai shares, although it is now in a state of loss, but after several years of research and development, it has a number of core patents in battery technology and other aspects. At present, the company's assets are 260 million yuan, liabilities are 290 million yuan, and net assets are negative 30 million yuan. When negotiating, you can ask for $1 to acquire this subsidiary. ”

"At present, the problem of global warming is becoming more and more concerned, coupled with air pollution, etc., from the perspective of sustainable development, the demand for new energy vehicles will increase rapidly in the future, and the core of new energy vehicles is the battery. Mastering the core battery technology is to control the development of the automotive industry. In addition, mobile devices such as mobile phones have higher and higher requirements for batteries. Based on these judgments, for the development of the battery industry, it is crucial, and it must be supported by national policies. “

"Now this subsidiary is losing money year after year, R&D is burning money every day, and the prospect of industrialization is uncertain, which has become a burden that Putai shares are eager to get rid of to a certain extent. Therefore, if you propose a 1 yuan acquisition, it is actually equivalent to assuming the company's 30 million liabilities in disguise, and the other party should agree. ”

You can use the money from selling shares to cash out, recruit talent, increase battery research and development, and you can win the competition in three to five years. So, I said you're starting a business again. “

Xiao Lin led the investment in the establishment of Putai Energy, specializing in the research and development of battery technology, and was also optimistic about the future development of the industry. Therefore, what Li Jingwei said is also what she wants to do in her heart.

Now, with the shares he holds, it is basically impossible to continue to control the company. Since the price is right, it is better to simply quit and create another world. After thinking about it again, she also made up her mind.

"Mom. During the negotiation, the other party must pay all the money within 2 to 3 weeks, and the equity transfer procedures of Putai Energy must be completed. Since the other party is determined to acquire, I think these should not be a problem, and the other party should prepare a large amount of funds to continue to acquire shares in the secondary market. So, they should be able to meet these requirements. Li Jingwei thought for a while and then said.

"Why are you in such a hurry?" asked Xiao Lin with some puzzlement.

"The main thing is the fear of the stock market falling. Now the U.S. stock market has begun to show signs of adjustment, and the Chinese stock market is also overheated, and now all kinds of media, airports, stations, and streets are talking about the stock market, and it is estimated that the bubble is about to burst. So, complete the transaction early so that you don't have to have too many dreams at night. The contract should stipulate a breach of contract clause, and if the other party fails to complete it, it must pay 30% of the liquidated damages of the transaction target, that is, 30 billion. ”

Now that the general direction has been decided, these technical details do need to be paid attention to. The other party is now more worried about their reluctance to sell their shares, and if they are forced to buy in the secondary market, they will also pay a lot of money, so these requests should also be agreed. In this way, Xiao Lin called her lawyer to prepare the corresponding legal documents.

As the economic center of China, Puhai has huge consumption potential, and there is a huge demand for jewelry and jade. Long Liyun wanted to expand the jewelry business to Puhai, so she came to Puhai to conduct market research.

The Zhu family in Puhai City is indeed intertwined and has a profound heritage. Zhu Siyuan used his family relationship to make many points, which provided great convenience for Long Liyun and made Long Liyun feel a little more good about him.

With the help of Zhu Siyuan, Long Liyun rented a shop in the City God Temple in Puhai City. This is the gold jewelry sales center of Puhai City, and the opening of a store here will undoubtedly be very helpful for further business development in Puhai.

Originally, I just came to investigate, but I didn't expect to be able to successfully complete the first store, which exceeded the original expectations, so Long Liyun was also very happy in the past two days.

Yesterday, Cao Xiadan, a roommate who was studying in the UK, said that he was coming to buy a listed company, which made Long Liyun, who has always been interested in business, very interested.

It stands to reason that outsiders are not allowed to participate in such acquisition negotiations. But Cao Xiadan and Long Liyun are sisters, and the acquisition family has made full preparations, it can be said that it is already a sure thing, and there can be no variables, such as an extra bidding opponent or something. Therefore, Cao Xiadan also asked Long Liyun to come with him.

Cao Xiadan's father, Cao Long, was born from the grassroots and laid down a country with his bare hands. The family business includes the production of automotive glass and other auto parts, but in terms of automotive glass, it is already the leading manufacturer in China.

In recent years, seeking to fully enter the vehicle manufacturing industry, it has acquired the European high-end automobile brand Feibao, and has achieved good results in China.

A reporter interviewed Cao Longsheng and asked how he could enter the complex automobile manufacturing industry, and Cao Longsheng responded domineeringly: "The car is a traditional Chinese sedan chair with four wheels, why is it difficult." It was a joke for a while.

But what everyone didn't expect was that the Cao family achieved corner overtaking through the acquisition of Flying Leopard, quickly entered the vehicle manufacturing market, and achieved good results.

The acquisition of Putai shares is also part of Cao Longsheng's car-making plan. In his opinion, a car must always have wheels, and if there are wheels, there must be tires. So, as long as there are cars running, there will be a demand for tires.

After tasting the sweetness of acquiring automobiles, it tried to overtake in the corners in tire manufacturing by acquiring Putai shares again.

Cao Xiadan also studied design in the UK, but unlike Long Liyun, who specializes in jewelry design, she focuses on industrial design. The two have very compatible personalities, they are both women who do not let their eyebrows go, and they are ambitious.

may be the reason for the poverty of the Cao family in the early years, Cao Xiadan's two elder brothers are also very competitive, they were both admitted to famous universities in China, and after graduation, they started from the grassroots level of the family business, and now they are the pillars of the family business, and it is commendable that the Cao family is very united, and there is no bloody plot of fighting for power and profit in film and television dramas.

This is also an important reason why the Cao family has been invincible in the commercial sea over the years.