Chapter 206: Two Questions
"Good evening everyone, this is Ye Shufen, a reporter in front of the Jade Channel, reporting for you. ”
"Friends who have just turned on the TV or ignored the financial news during the day may not know that at ten o'clock this morning, the blue chips of the Hong Kong stock code 0003 ~ China Gas, applied to the Hong Kong Stock Exchange for suspension, according to the announcement of China Gas, Hong Kong Island Liwan Energy Group will merge and acquire the listed company China Gas ~~. ”
The total number of shares of China Gas is 11 billion shares, and the number of public shares circulating on Hong Kong Island is about 3 billion shares, and the other shares are scattered in the hands of the wealthy family on Hong Kong Island headed by Li Zhengjiang.
The stock price of China Gas is just over one Hong Kong dollar, and the market value of the entire group is maintained between 12 billion and 13 billion yuan, and due to the premium merger and acquisition, the final accounting takes 30% of the market value premium of China Gas, and the price of the entire China Gas is 16 billion Hong Kong dollars.
The merger and acquisition of Yuanjia only from the market about 3% of the public shares, the main focus is on the negotiation of major shareholders, led by Li Zhengjiang major shareholders alliance, the shares in their hands for 12 billion Hong Kong dollars, Liwan Energy by paying 1 billion Hong Kong dollars in cash and 10% of Liwan Energy shares in the form of mergers and acquisitions of China Gas.
At this time, the international natural gas price accounting is still based on MMBtu as the mainstream pricing unit, the average FOB unit price of non-pipeline transportation is about 2.3-2.8 US dollars, and the FOB purchase price per MMBtu of the energy long-term supply agreements signed by Japan in Indonesia, Brunei and Qatar is 2.5 US dollars/MMBtu, which is converted into a metric unit of 120 US dollars/ton per ton of natural gas.
Considering the financing limits of Hong Kong Island's financial circle, Liang Yuan did not inject all the assets of the Liwan oil and gas field into Liwan Energy, but only injected about one-sixth of the resources, including a complete gas field with recoverable reserves of 80 million tons and a light oil field with recoverable reserves of 30 million tons.
Other oil and gas resources were left by Liang Yuan under the name of a holding shell company called Liwan Resources, and in the future, we will find an appropriate time to gradually merge the entire Liwan Resources into Liwan Energy.
International crude oil prices are currently fluctuating around US$150 per ton, and the oil and gas assets injected into Liwan Energy from the Liwan oil and gas field are about US$14 billion according to the current average level of international oil and gas energy.
After the merger, Liwan Energy has become a company with 700,000 natural gas users on Hong Kong Island, pipelines covering one-half of the residential area of Hong Kong, 80 million tons of natural gas fields and 30 million tons of light oil fields, and two LNG carriers with a capacity of 30,000 tons, opening up the whole industry chain giant of energy extraction, special transportation, supply and distribution.
In front of the Mandarin Oriental Hotel, Ye Shufen had just finished introducing the ins and outs of Liwan Energy when she found that Li Zhengjiang, the main party leading the merger, had arrived at the door of the hotel in a white Rolls-Royce.
Because there was a cordon in front of the hotel and all the reporters couldn't get by, Ye Shufen hurriedly guided the camera to point at Li Zhengjiang, who had just gotten out of the car.
"Friends who have cared about Jade News may know that Mr. Li Zhengjiang, chairman of China Gas, has always been at odds with Mr. Li, chairman of Hutchison, in the early years, Li Zhengjiang changed the name of his second son to the same as Chairman Hutchison, and also laughed with reporters and talked about beating his son is a great joy in life~~"
In line with the attitude of watching the excitement and not being afraid of big things, Jade Terrace turned out the early grievances of Hong Kong Island Er Li to talk about things.
"According to the estimation of the investment department of Goldman Sachs in Hong Kong, the market value of China Gas after the merger and acquisition is likely to become the first single listed company on Hong Kong Island with a market value of more than 100 billion Hong Kong dollars. ”
From 92 to 93, Hong Kong Island created a rare miracle in the history of global securities, and the market value of almost all listed companies on Hong Kong Island doubled, and the market value of blue chips such as Hutchison, Yangtze River, Hong Kong Electric, and China Gas even doubled.
The most important driving force behind this incident was a southern tour of the old man of the Republic.
In the era in which Liang Yuan is currently living, companies with a market value of more than 10 billion yuan on Hong Kong Island are already stalwart blue chips, and the media on Hong Kong Island have not even fantasized about the market value of 100 billion Hong Kong dollars for the time being.
Due to a certain hanging B, the 92 southern tour became Jiangwan speech, the time of Liwan's listing was just stuck in the time before the influence of the matter was about to explode, this time Liwan Energy was favored by overseas investment institutions with a valuation of 100 billion, and the old man's speech at Jiangwan Airport a few days ago was very important.
Without this crazy energy, it would be infinitely difficult for Liang Yuan to get the entire Liwan oil and gas field listed on Hong Kong Island, and once this opportunity is missed, he will have to wait for the return after seven years, but at that time, he has to guard against Soros, and the risk of speculating on the market value is countless times greater than now.
As early as last year, Jardine Matheson negotiated with several Hong Kong Island energy companies such as HK Electric, and even reported several successful negotiations, but what is unexpected is that China Gas Energy, which joined later, reached a final agreement with Jardine Matheson. ”
Ye Shufen shook the microphone while breaking the news, jumping to attract Li Zhengjiang's attention.
Speaking of which, it was also the bad luck of classmate Li, when Liang Yuan started the merger and acquisition of HK Electric, there was no shadow of the Liwan oil and gas field, and the two sides talked about the acquisition of HK Electric with Hong Kong Island Land shares and cash.
The negotiation with Li reached an impasse, and when Yuanjia started the spare tire of China Gas on another front, Liang Tuhao, who was hanging, had already unstoppably thrown out that string of numerical coordinates, so the negotiation with China Gas became the acquisition of China Gas by Liwan Energy shares or Hong Kong Island Land shares plus cash.
Although Liang Yuan is very strong against the rich people on Hong Kong Island, there is no prejudice in cooperation, and almost all of them maintain an attitude of business and business, of course, there is no prejudice and no good feeling, so naturally he is too lazy to change conditions with classmate Li to renegotiate, and as a result, the sad classmate Li missed this feast in the energy field.
To be fair, the Liwan oil and gas field that Liang Yuan left was discovered by Li's company, and if Liang Yuan changed the conditions and renegotiated, it is still very likely that Li agreed to come down, but Liang Yuan has never been burdened by digging the corners of real estate developers, and he has never thought of making up for it, so it can only be regarded as Li's bad luck.
Li Zhengjiang's recent mood can be called high-spirited, not long ago in the north of Jiangwan speech, which is a big positive Hong Kong Island stock market just reacted, he decisively made a decision to get rid of China Gas, go to the bigger stage of Liwan Energy to display his talents.
After the merger and acquisition of China Gas, Hong Kong stock 0003 will apply for a change of company name two months later, at which time the listed company China Gas will be changed to Liwan Energy, and China Gas will transform into a public service enterprise specializing in pipeline natural gas distribution under Liwan.
Liwan Energy's board of directors will also be reshuffled, with the majority of Jardine Matheson executives parachuted in, but the chairman of the board of directors will be Li Zhengjiang, who is responsible for developing Liwan Energy into a full-value chain energy giant with roots in the Asian market.
As long as there is no problem with IQ, almost everyone can understand that compared with the real estate industry in the corner of Hong Kong Island, the imagination space in the energy field is almost unlimited.
Although Liang Yuan doesn't look down on the local tyrants on Hong Kong Island, he can't kill everyone else, it is still necessary to pull a wave and fight a wave, without colored eyes, the rich man on Hong Kong Island who can leave a name for future generations has no problem managing a large company at the level of 100 billion, in addition to contacts, it can also help Yuanjia alleviate the pressure of the shortage of senior executives.
straightened his collar, and Li Zhengjiang, who got out of the car and looked up, just happened to see Ye Shufen, the Jade Terrace Daji he knew, jumping and shaking, trying his best to attract his attention.
Since it is an old acquaintance, the time for the reception has not yet arrived, and Li Zhengjiang does not mind answering two questions.
Walking to the side of the separated line, Li Zhengjiang stretched out two fingers and shook them, and said with a smile: "Only answer two questions, Reporter Ye must think about it before asking." ”
"I would like to thank Chairman Li for taking time out of his busy schedule to answer questions, and congratulate Chairman Li on taking the helm of the first listed company on Hong Kong Island with a market value of over 100 million. ”
Ye Shufen held the microphone in both hands and bowed slightly in thanks.
After listening to Ye Shufen's compliments, Li Zhengjiang laughed heartily and nodded to indicate that the interview could begin.
"As far as I know, before Chairman Li's explosive news, the thermal power generation method has become a hot topic of discussion in the Hong Kong Island media in recent days, and I want to know whether Liwan Energy, which merged with China Gas, has the ambition to win a third Hong Kong Island power license. ”
"Reporter Ye: This is a big question, and it should be counted as two questions. ”
Li Zhengjiang, who was in a good mood, made a rare joke.
"Chairman Li, you can't bully me like this, the whole evening news today is counting on you to make a program on these two issues. ”
"Reporter Ye's question is very easy to answer, and I can tell you clearly that Liwan Energy currently has no intention of winning the third power license on Hong Kong Island. ”
Ye Shufen didn't believe it, there is only a lot of space in the media circle on Hong Kong Island, although the media has not yet gotten the news of the mobile power station, but the fact that the financier threw a lot of money on the thermal power plant has long been known.
Before being acquired by Liwan Energy, Li Zhengjiang's China Gas was very interested in Hong Kong Island's power generation market, but HK Electric and CLP Power had signaled in the circle of Hong Kong Island's wealthy to the effect that if a third company entered the market, HK Electric and CLP Power would start the competition mode in advance.
Similar to the construction of coal-fired power plants and Hong Kong Island power grids, they all started with a base of US$500 million in three years, and once HK Electric and CLP Power started the dumping mode of small profits, the third company would have to lose its pants if it didn't do well.
It is precisely because of such a threat that China Gas, led by Li Zhengjiang, has been honestly nesting in the narrow field of pipeline natural gas distribution.
China Gas has ambitions for the power generation market, which is a public case in the business community on Hong Kong Island, and has long been known to most people in the business circle.
"It's just that there is no one at the moment, is it convenient for Chairman Li to add a time limit to the current adjective?"
"Who dares to say what is going on in the mall for too long, I can only say that as far as I know, in the development plan and work schedule of Liwan Energy, there is no option to apply for a Hong Kong Island power license~. ”
Ye Shufen just wanted to ask the next question, but suddenly reacted, Li Zhengjiang's last tone was full of unfinished meaning, pursed his lips, straightened his back slightly, made himself look more pleasing to the eye, and then looked at Li Zhengjiang with a little expectation.
"However, in terms of power engineering, Liwan is doing some exploratory work, and in the near future, the group has plans to improve the power supply of its own properties, you know, Hong Kong Island has always been the most pioneering city in the world with the concept of environmental protection, and the original Chernobyl incident was unearthed and announced to the world. ”
With a keen sense of professional smell, Ye Shufen realized that a hint of big news was about to be born.
"That's already the third question, isn't it?"
Li Zhengjiang was halfway through speaking, and suddenly stopped talking.
"That's not the second one, this is the second question, and the last one, I promise. ”
Ye Shufen and Li Zhengjiang are still very familiar, and the report a few years ago about Li Zhengjiang beating his son was very cool was written by Ye Shufen.
There are a lot of media piled up in front of the Mandarin Oriental, and it is not easy to find the protagonist of an incident to be interviewed, Ye Shufen and Li Zhengjiang have gathered a large group of media reporters who rub the news, and now this group of people is not even out of the atmosphere, stretching their necks and waiting for Li Zhengjiang to break the news.
"The Group is building a new natural gas power station, which is expected to be put into operation in two months, when the Group may update the power system of some of its own properties to verify the operation of the new generation of power generation system~~. ”
Rumble~~~.
As soon as Li Zhengjiang's words came out, the scene exploded directly.
Obviously, people of Li Zhengjiang's level will definitely not talk about it, but even if the reporters present do not understand the power industry, they also know that there is no such thing as a natural gas power station on Hong Kong Island at present, let alone the construction of a power plant in two months, which is too nonsense.
"Okay, the two questions have been answered, and the public relations department of the group will find time to explain the specific situation to you in detail, or you will ask your editor-in-chief after tonight. ”
The invitation letter for the reception of Liwan Energy has already been sent in the name of Jardine Matheson, and the invitation letter for the Hong Kong Island media is only sent to the editor-in-chief, and the independent directors of the three major banks, Deutsche Bank, HSBC and Standard Chartered, the financial tycoons behind the scenes of Hong Kong Island, were also present.
Regardless of whether they came to the relevant industry or not, HK Electric and CLP Power also sent invitation letters, and other business partners who have worked with Jardine Matheson were also invited.
However, in view of the deep penetration of Jardine Matheson into Hong Kong Island, almost all the Hong Kong Island tycoons who can be named have one or another business handover with Jardine Matheson, and as a result, the establishment of Liwan Energy has become the top social reception on Hong Kong Island.
Li Zhengjiang made a big news, and then Shi Shiran entered the hotel under the guidance of the security personnel, and threw a reporter who was so curious that he was about to explode outside the door.
Because the news confided by Li Zhengjiang was too unbelievable, the reporters in front of the hotel were divided into several factions and quarreled.
However, Ye Shufen was keen, and directly regarded the reporters in the quarrel as news material, filling in the content of the evening news.
Ye Shufen was busy broadcasting live, and someone in the crowd shouted loudly, I seem to know where the power station is.