Chapter 425 Acquisition of Huiyuan

The general meeting of shareholders of Huiyuan finally approved the acquisition plan of Sixiang Fund, which was an overall acquisition of 10 billion Hong Kong dollars. The acquisition of Huiyuan juice, which has only been a few months from the beginning to the end, has finally come to an end, although there is still a lot of opposition from the outside, but this has not affected the final acquisition, and the willingness of several major shareholders to sell Huiyuan is quite strong.

The media has also begun to polarize, and the biggest basis for the opposition is that Coca-Cola was willing to bid 18 billion Hong Kong dollars a year ago, but now it is only 10 billion, and it has depreciated so much in one year. Because from the perspective of the market environment, even if Coca-Cola really acquires Huiyuan juice, it is difficult to constitute a monopoly. Perhaps it was because they discovered the true business status of Huiyuan Juice that they decided to sabotage the deal.

The next thing is to pass the review of the relevant departments, there are some risks, but the problem is not big. They are all domestic enterprises, there is no monopoly problem, and it is a matter of time to pass the audit. Zhou Shi's matter of wanting Lao Fengxiang was also kicked up, and it was not directly dismissed, it seems that there is still hope for the negotiation.

SMIC and the four fund companies each issued a statement, which roughly means: suspend the merger plan, suspend debt execution, continue to cooperate, and prioritize SMIC's development. TSMC also sent people over to formally negotiate. Although it is not known what happened, SMIC's stock price finally stabilized and began to rise slowly.

Visionox has also been won, invested hundreds of millions of yuan to increase the research and development of OLED, and has sent people to contact Canon TOKKI, hoping to sign long-term and stable orders. However, there is a problem with the procurement of Guoke from LG, although this technology has just been launched, and the yield rate is not high. But LG did not start negotiations with Guoke at the first time, but contacted their other important partner, Apple, and the problem was complicated many times at once.

With the SMIC incident and the Huiyuan juice acquisition coming to an end, the Datang Telecom affair broke out again. Sixiang Fund simply dominated the domestic financial news during this time, and there were many more reporters around Zhou Shi.

Li Yinan decided to resign, and he and several colleagues who thought the same way (especially those in charge of personnel, this person would definitely take the blame, so he took the initiative to cooperate with Li Yinan) suddenly launched a purge in Datang without scruples, from administrative management to technical personnel to R&D positions, especially the sales team. Not long after he was stable, he suddenly fell into the wind again. However, the stock price surprisingly did not continue to fall.

The media also began to report wildly about this, and some people interviewed the senior management of Huawei ZTE, thinking that they would gloat, but they did not expect that most of the executives of these two companies had serious faces and expressed their admiration for the management of Datang Telecom. It is believed that after quickly eliminating some black sheep, Datang will soon adjust, and if it can maintain long-term stability of the management, it is likely to form a strong combat effectiveness, which will have an impact on ZTE and Huawei.

"SOE Reform, Success or Failure?"

"Datang Telecom's life-and-death fight"

"State-owned and private, a new model for the reform of state-owned enterprises"

"The Confrontation between State-owned Capital and Private Capital, Great Development under the Conditions of Market Economy"

The mainstream economic media across the country have joined Datang Telecom's layoffs, and the People's Daily has even published a special commentary, arguing that the acquisition and reform of Datang Telecom by Sixiang Fund is a manifestation of the deeper reform and opening up in China, indicating that the status of private capital in China has been further improved, and the role of the market has replaced administrative intervention.....

"It's finally done! Li Yinan leaked deep exhaustion on the phone

"Okay, I'll be here tomorrow. Zhou Shi couldn't help but sigh with emotion, the personnel reform of state-owned enterprises is really a very sensitive topic. Zhou Shi did this, there should be very few state-owned enterprises looking for him to cooperate in the future, which leader is in power, I am afraid that he will be frightened by such a big move, unless it is absolutely necessary.

The next day, Zhou Shi appeared at the headquarters of Datang Telecom with more than a dozen assistants, and Li Yinan took the initiative to convene a board meeting.

"I am now formally applying to the board of directors for my resignation and recommending Zhou Shi to become the interim chairman of Datang Telecom until the next official chairman is found. Li Yinan's words obviously had a big impact on the board of directors. Everyone expected Li Yinan's resignation, but Zhou Shi served as the chairman, which everyone did not expect.

"I don't deny Mr. Zhou's achievements, but Mr. Zhou has no experience in the telecommunications industry, and I don't think he is the most suitable candidate. General Manager of Datang Group

"I didn't say that I want to be the chairman of Datang Telecom for a long time, and I have only one purpose, which is to select the next suitable candidate. "Zhou Shi

"That ......" The general manager finally didn't say anything against it for a long time, if Zhou Shi couldn't even do this, it would be a bit too deceitful.

There are 9 members of the board of directors, 9 who agree with Li Yinan's resignation, 6 who agree with Zhou Shi to take over as interim chairman, one abstains, and two opposes. Zhou Shi's prestige, the Sixiang Fund is still of some use in China.

"I'm working hard for you today, help me get to know everyone, and you can rest" Zhou Shi pulled Li Yinan, the IT program ape is just a fool, such a blind work, ordinary people can't do it, especially some people who are quite senior and cunning, and Zhou Shi may be helpless about it.

"Okay, okay, stop talking this nonsense. Li Yinan said impatiently

Hemp, you deserve it, you should be tired and tired, Zhou Shi was very upset by Li Yinan's attitude, and wanted to learn from Liu Bei to drop a few tears, but he hadn't brewed a good mood yet, so he was interrupted.

"Okay then!" Zhou Shi

Ten minutes later, Zhou Shi and Li Yinan came to the conference room, which can accommodate hundreds of people, but there are seventy or eighty people.

"Hello everyone, I formally submitted my resignation to the board of directors today, and now it has been approved, this is our new chairman, and he will be responsible for the company's affairs in the future. "Li Yinan

"Ahem! It's the interim chairman!" someone said next to him, his voice unstoppable

Li Yinan said a few more words, leaving the microphone to Zhou Shi, numb, this idiot didn't know how to praise Zhou Shi a few words to help him establish his prestige. Fortunately, Zhou Shi didn't rely on this to eat, otherwise it would increase the difficulty for Zhou Shi a lot.

"Hello everyone, I am Zhou Shi, the founder of the company's major shareholder Sixiang Fund, and the richest man in China this year......" Zhou Shi unceremoniously and directly suppressed people!

(End of chapter)