In the afternoon of the next day, Hua Yu left Xincheng and flew to the city where Zhongtai Capital is located.

"Is that true?"

At this moment, in the VIP room of the headquarters of Zhongtai Capital, its head Liu Qi was looking at Hua Yu in shock. It has been about ten minutes since the two met, and Hua Yu did not beat around the bush, and came over to tell his wishes straight to the point.

Without waiting for Hua Yu to speak, Liu Qizheng said again: "Mr. Hua, it's not that your company is recently, uh...... Did you lose a lot of money?"

Hua Yu said with a smile: "I said that it was a rumor, I don't want to be modest at this time, whether it is the mainland capital market or the peripheral capital market, my stars have made a lot of money, how dare I come all the way to Mr. Liu without that capital strength?"

Hearing this, Liu Qizheng also laughed and set off the atmosphere, but he hesitated and said, "Frankly, this thing is a bit too sudden......

At this time, Hua Yu hurriedly said, "Suddenly, Mr. Liu, you have to hurry, maybe I will lose again that day."

Liu Qizheng was stunned for a moment, and suddenly said with a smile, "Mr. Hua said that he was laughing."

The implication is naturally understandable, that is, Qunxing Capital wants to do it quickly, and there is no time to ink, so it will give you a premium of 500 million, and the speed of payment is extremely fast.

If you don't do it, forget it.

Some time ago, Liu Qizheng also heard about the matter between Qunxing Capital and several major domestic entertainment manufacturers, and in the end, it was the domestic entertainment manufacturers who begged the stars to buy it, and they might not really want it based on the urine of the stars.

The most important thing is that the plan given by Hua Yu is very good, not only can make Zhongtai Capital earn an extra 500 million, but the extra is all profits.

And more important than this is that there are people who take over, and they have the strength to take over.

Zhongtai Capital can quickly cash out 86 billion to make a lot of money and exit smoothly, such a huge amount of funds to exit is not an easy thing, especially now that the financial tsunami has hit the global environment market, it is really difficult to find the next home who is willing to pay more than 80 billion astronomical sums to take over, and there are very few people who can quickly settle in cash.

Qunxing Capital took the initiative to come to the door, and if you miss this village, it is likely that it will be difficult to find such a heroic next home.

Although some time ago, Qunxing Capital caused a "thunderstorm", but now it does seem to be a rumor, and the efficiency of remittance to several major domestic entertainment manufacturers can be glimpsed and seen in the whole leopard, which shows that Qunxing Capital is not bad for money now, and the liquidity is very abundant.

"Mr. Hua, how do you plan to acquire Hengtong Pharmaceutical?" Liu Qizheng is also outspoken, everyone is a smart person, and Qunxing Capital is obviously here to acquire Hengtong Pharmaceutical Group, not to mention that Hua Yu has not concealed it.

Both sides know that this is to take what they need, Zhongtai Capital seeks to exit, and Qunxing Capital seeks to settle in, this is the world where only Wang Qingxiong is injured.

This can be revealed, and it also requires Zhongtai Capital and Liu Qi to play an important role as intermediaries in this merger and acquisition plan.

Hua Yu said in an orderly manner: "In this transaction, I, Qunxing Capital, do not acquire the equity of Hengtong, but only acquire the assets of Hengtong, saving worry, effort and trouble, and I am too lazy to do due diligence."

Liu Qizheng couldn't help but smile and said, "Yes, after all, for such a big transaction, risk control still needs to be sufficient."

For the acquisition of a business, it is usually an equity acquisition, that is, to take your equity directly.

But there is a huge potential problem with the equity acquisition model, which is that the company you buy is prone to a pile of debt, especially hidden debt, and you don't know how much debt it hides and does not expose.

You can't do due diligence.

In case Hengtong Pharmaceutical Group comes out with a bunch of hidden debts, Qunxing Capital will become a pure and pure injustice to take over.

In order to solve this potential risk, Fang Hong chose asset acquisition, that is, Qunxing did not acquire the equity of Hengtong Pharmaceutical Group, and left this thing to Wang Qingxiong to cover himself, and Qunxing only acquired the assets of the group company, in other words, to buy all the valuable things of Hengtong Pharmaceutical Group

, leaving all the rest of the mess to Wang Qingxiong.

This kind of operation is to vacate the cage for birds, and asset acquisition and cage for birds is the second step strategy of Whale Swallow Hengtong Pharmaceutical Group.

How to vacate the cage for birds?

The shell company "Ruihe" established by Qunxing Capital is to take over the acquisition of the assets of Hengtong Pharmaceutical Group, package and merge all of them into Ruihe Company, and then carry out asset restructuring.

For example, Hengtong Pharmaceutical Group's Yishengtang, its core assets are the three words "Yishengtang" and those Chinese medicine practitioners, and after the acquisition is completed, Hengtong Pharmaceutical Group no longer has the right to use the brand "Yishengtang".

After the completion of the second step of the strategy, the assets of Hengtong Pharmaceutical Group will be acquired and merged into Daoruihe Company, at which time Qunxing Capital will hold 88% of the equity of Ruihe Company, Wang Qingxiong will only account for 9% of the equity in Ruihe Company, and then other small shareholders will account for the remaining 3% of the equity.

As for Hengtong Pharmaceutical Group, Qunxing Capital does not account for a single share, and has no half-dime relationship with Hengtong Pharmaceutical Group, Wang Qingxiong is still the largest shareholder of Hengtong Pharmaceutical Group, accounting for 67% of the shares, but at this time, Hengtong Pharmaceutical Group is only left with empty shells and messes, and valuable assets have been transferred to Ruihe Company.

And what does the reality look like?

At that time, Ruihe Company is the new deity of Hengtong, but Wang Qingxiong only accounts for 9% of the equity in Ruihe Company, so in fact, it has changed from 67% of the absolute controlling major shareholders to small shareholders, in Ruihe Company, he Wang Qingxiong does not say absolute control, and does not even have the right to propose to convene a shareholders' meeting, because it takes more than 10% to have the right to propose to convene a shareholders' meeting.

"Mr. Hua, it's a pleasure to cooperate." In the VIP reception room, Liu Qizheng made a decision after thinking about it again, and as soon as this sentence came out, it was equivalent to a direct statement, and the two sides reached a consensus directly after the initial meeting.

Qunxing Capital annexed Hengtong Pharmaceutical Group to get what it wanted, Zhongtai Capital invested 1.35 billion yuan in three years, and successfully withdrew 8.1 billion yuan with profits, and got what he wanted.

……

In the next two days, Tuesday and Wednesday, the market continued to adjust and continued to rise, still the elephant dancing market, and the weighted blue chips led the index all the way to new highs.

The Shanghai Composite Index rose +2.10% on Tuesday, reporting points; Wednesday closed up +1.38% again, reporting a new high for the year, closing almost at the highest point of the day, and the market once again broke through the 300 billion trading volume mark.

Soon after the closing, Fang Hong came to the headquarters of Qunxing Capital again.

& In the office, Hua Yu is holding a paper newspaper that came out today, and there are still paper media newspapers, but the impact of traditional newspapers by the Internet wave is also obvious.

Hua Yu handed the newspaper to Fang Hong and said with a smile: "Zhongtai Capital's actions are very fast, it seems that it has begun to "force the palace" on Hengtong."

Fang Hong took over this Xincheng Business Daily, and the headline on the front page was extremely eye-catching: "Wang Qingxiong: The introduction of Zhongtai investment is a catastrophic mistake of Hengtong Pharmaceutical", this article with a title party-style article spread quickly in the industry.

The content of the article describes, according to people familiar with the matter, after the dream of Hengtong Pharmaceutical's listing was shattered, Wang Qingxiong complained about the investor Zhongtai Capital, and the article also excerpted his original complaints: They (Zhongtai) did not bring much support to the development of Hengtong, but they diluted such a large equity with so little money, and the introduction of them was a catastrophic mistake for Hengtong.

The report further revealed that Wang Qingxiong also complained that he had withdrawn the investment half a year ago, but the return demanded by Zhongtai Capital was too much, and the two sides did not negotiate.

The contradiction between Hengtong Pharmaceutical and Zhongtai Capital Venture Capital was exposed in the public eye, and Wang Qingxiong's few dissatisfied words aroused huge attention in the outside world.

Hua Yu, who was sitting on the sofa, said: "After the headlines of Xincheng, perhaps because the public opinion response was too huge, Wang Qingxiong was worried about the impact that would be unfavorable to him

It's not true, Zhongtai Capital trusts us very much, and invests in Hengtong on this basis, and the P/E is also very high, and the quotation given by Zhongtai is twice that of other investors......

Hearing this, Fang Hong looked at the contents of the newspaper and said lightly: "Wang Qingxiong's remarks to the left before and after, it can be seen that he is more and more contradictory now, he wants to pour bitter water on the outside world, and he is afraid that it will be over-interpreted by the outside world and it will be more unfavorable to himself, hehe...... It's too late to have illusions at this point."

……

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