Chapter 480: Large Transactions
The remaining 18.2% of the shares were shared by Meng Wentian and Yue Mengjie among the remaining five accounts, each of which did not exceed 5% of the total, so as not to be announced by the Securities Bureau to attract more people's attention.
Just when Meng Wentian and Yue Mengjie were hesitating whether to continue the acquisition at a low price, they learned a very surprised news that Yue Xuan actually sent Chen Dawen to contact Meng's mother directly and put forward a request for the overall transfer of shares through a large transaction.
This guy is determined to leave, and the price is 2.50 yuan a share.
He apparently thought his company was about to collapse hopelessly, and apparently knew from some sources that the Yellow River Highway Bridge project would be aborted soon.
It's just that the reason why he asked Chen Dawen to pass it on to Meng's mother is that he is now in debt and really short of money, so he has to cash out the stocks in his hand. I was also entangled by creditors with nowhere to hide, and I really didn't have the energy to manage the company, so I had to retreat from this company.
Of course, Meng Wentian knew that his words were lies, and that guy just thought he was smart. But Meng Wentian was really interested in Yue Xuan's request, and felt that he couldn't refuse this olive branch extended by the other party.
Strictly speaking, the current stock price fluctuates between 2.50 yuan and 2.90 yuan, and Yue Xuan's price of 2.50 yuan is still a little higher, because after Meng Wentian and they take over this stock, it is possible to make money because of the rise of the stock, but it is also possible to lose money because of the decline in the stock price. If a large number of shares are transferred normally - that is, stock block transactions - many of them are transferred by 10% to 20% on the basis of the current stock price, not to mention that the stock has not stabilized at present, and the probability of falling is much greater than the probability of rising.
But after thinking about it, Meng Wentian still agreed to Yue Xuan's request.
Because this transfer plan can save him and Yue Mengjie a lot of time and energy. If Yue Mengjie is allowed to continue to buy in the secondary stock market, it will become more and more difficult for her to acquire low-priced shares as the number of outstanding shares decreases. Previously, when Yue Xuan and Zhong Qingwa sold a lot, it was difficult for her to reduce the cost to 2.50 yuan, and it will definitely be even more difficult after that.
It can be said that this offer can also allow Meng Wentian to save money and time for the acquisition.
And in addition to the above benefits, this transfer method also has an advantage: if Yue Xuan's 17.6% of the shares are all in place at once, Meng Wentian and they can not only quickly achieve absolute control of Jisheng Electronics Co., Ltd., but also reduce the suspicion of the company's employees. After all, Yue Xuan was the chairman and general manager of this company, no matter whether the employees in the company liked him or not, but he left an impression in the hearts of these employees, if the new boss can have a good relationship with him, it will naturally help the employees' hearts to settle down and help the company resume production as soon as possible.
The last reason why Meng Wentian agreed to this matter was: Yue Xuan was Yue Mengjie's cousin anyway, she and he both had a grandfather, and the patriarchal old man definitely didn't like his granddaughter to "harshly" his eldest grandson, and he definitely didn't like his granddaughter to "fall into the well" when his grandson was in danger.
In Meng Wentian's mind, Yue Mengjie had a big grievance in her heart, and she didn't want to tear her face with her grandfather, she still wanted to maintain this family relationship.
In that case, why can't you put aside these grievances and do this win-win business? Yue Xuan was in a hurry to run, so let him run. is about to let this guy continue to stay on the board of directors of the company, not to mention that when the board of directors meets in the future, he is worried that he will have problems, and he is worried that he will mess around, and Meng Wentian is not happy that this guy will reap the profits brought by the rise in stocks in the future.
Meng Wentian arranged for Huang Yufei to negotiate with Chen Dawen.
Huang Yufei, who didn't know the inside story, thought that Meng Wentian really obtained this company just to produce reversing anti-collision radar, and he was very disapproving, and wanted to help Meng Wentian argue: This company is not worth buying at all. Even if you give it to yourself for free, you will refuse, because as soon as the province announces the suspension of the bridge project, the bank will immediately come with a knife to force the debt. What production line, what land, what workshop, at most it is enough to pay the bank loan.
His inner thoughts naturally showed on his face, and in the negotiation with Chen Dawen, he completely put on a posture of "The boss forced me to come, I didn't want to come, let alone make a deal." Open conditions or something, you look at it".
His demeanor made Chen Dawen, who wanted to propose conditions to the other party, lose his confidence, and he didn't dare to mention any conditions at all, such as letting Yue Xuan's cronies continue to be the director of the company, such as why Yue Xuan would have the right of first refusal to buy the two pieces of land in Jisheng Company in the future, etc., but he was worried that Huang Yufei would not accept the stock transfer in a fit of anger, and even encouraged his boss to turn around and sell the stocks, which would be a big trouble.
After the main parties have been negotiated, all that remains for the two sides is the payment method.
Yue Xuan asked Meng Wentian to pay the funds at one time, and Meng Wentian hoped to be able to pay in installments. This is not Meng Wentian's deliberate trick, he wishes to clear up his contacts and relationships with the other party as soon as possible, but he has no money now.
The first phase of more than 400 million yuan of funds obtained from the Japanese Island Country Fengtian Company, plus the loan, was only more than 700 million yuan, but it cost a full 600 million yuan just to acquire shares. And now Liu Chuanshu also needs a lot of money to design and transform the DVD player, Yan Weizheng, Professor Zhao, and Wang Experts are studying the direct injection technology of gasoline engines, doing experiments, buying instruments and equipment, and asking manufacturers to try to produce certain parts and something, all of which need a lot of money, and it is already dwarfed by relying only on these profits obtained by the reversing anti-collision radar to pay for all this, where is there any spare money to pay Yue Xuan's 17.6% of the stock in full? At least 200 million yuan.
Not to mention that once Meng Wentian took over Jisheng Electronics Co., Ltd., he would immediately allocate a huge amount of money to this company, so as to stabilize the already unstable employees as soon as possible, let this company start producing reversing anti-collision radar as soon as possible, and at the same time install and debug the two production lines purchased from Italy.
It all requires a huge amount of money.
In the end, with the help and operation of Yue Mengjie, a lot of contacts were mobilized, so that Lianshan Co., Ltd. took Tianjie Building, Automobile Research Institute and Automobile Research Institute as collateral to urgently borrow 200 million yuan from the bank, which was regarded as a solution to the urgent need.
As the bank transferred funds to Yue Xuan's account, Meng Wentian's share of shares soared to 58.8%, and he had an absolute controlling stake in Jisheng Electronics Co., Ltd.
Meng Wentian's mother, Wang Lianxiang, personally owns 40.6 percent of the company's shares, plus she has obtained the rights of proxy for the shares owned by Guo Qiulan, Yue Mengjie, Meng Qingshan and others, and she has naturally become the chairman of the company under the securities law here.
The law here is much simpler than on earth, the control of listed companies changes with the change of shares, and the securities bureau only has a supervisory role, as long as there is no disagreement between the former chairman and the future chairman on the proportion of shares, the two sides can be handed over.
And because Yue Xuan was anxious to flee from the company that he thought was about to collapse, he was anxious to cash out the stock. And Meng Wentian didn't want to have anything to do with Yue Xuan anymore, and was eager to take over his shares, and the two sides had the same new idea, so the relevant handover work was completed very smoothly: Yue Xuan stepped down as the company's chairman and general manager, Meng Wentian's mother Wang Lianxiang took over as chairman, and then appointed Yue Mengjie as the company's interim general manager and Huang Yufei as deputy general manager.
Seeing the increase of more than 230 million yuan in his account, Yue Xuan, who submitted to the Securities Bureau the filing documents of all the powers of his resignation as Jisheng Electronics Co., Ltd., did not have the joy he imagined before, but suffered from gains and losses.
He asked Chen Dawen with mixed feelings: "Why do you say that they buy stocks so recklessly, because they fancy us Jisheng...... What do they like about this Jisheng company?"
Thinking that Jisheng Company was not his own now, Yue Xuan hurriedly changed his words.
"I don't know. Chen Dawen thought for a while, but still shook his head and said, "I'm also very puzzled, maybe they just want to use this company to produce reversing anti-collision radar for them, right? I heard that their reversing anti-collision radar is in short supply now, and I heard from Huang Yufei's unintentional complaint that the production of this product is their main purpose." ”
Yue Xuan disagreed and said, "I don't think they bought this company just to produce that product." If I am the CEO of Shanlian Group Company, I will still produce according to their current model, and the Automobile Research Institute is only responsible for technology and quality acceptance, how good, the management is simple, the cost is low, why bother to set up another company to come out and produce by themselves? Although they now control 40.6% of the shares of Jisheng Company, it also means that more than half of the profits generated by the production here will be distributed to other stock owners, and the final income may not be greater than the current production model, which is laborious. ”
Because none of the other accounts controlled by Yue Mengjie bought stocks that exceeded the threshold of 5%, Yue Xuan still didn't know that Meng Wentian actually controlled 58.8%.
It is also because the major shareholders of listed companies must disclose relevant information, so Yue Xuan knows some basic information about Zhejiang Jianshanlian Co., Ltd., and knows the composition and main business of this group company.
He even knew that his cousin Yue Mengjie was an executive in this group company.
It was precisely because he knew that Yue Mengjie was an executive here, and he knew that this cousin of his was a smart person, so he couldn't be happy after cashing out the stock, and he was worried that she would take advantage of her.
Some people may wonder that Yue Mengjie has never been sorry for Yue Xuan from beginning to end, but Yue Xuan has a lot of things to be sorry for Yue Mengjie, especially during the time when his grandfather was in prison, not only did this guy not actively rescue his grandfather, but constantly set up obstacles for Yue Mengjie, but instead fell into the well and bought her property at a low price, leaving her empty-handed, and the assets accumulated over the years were exhausted, he should feel guilty, and he should have tried to help Yue Mengjie, how could he deal with her in turn?