On July 1, 1976, Jiulong Jianye issued an announcement that it has acquired 48.5% of the shares of Qingzhou Yingni and has become its largest shareholder. A shareholders' meeting will be held recently to re-elect a new board of directors of Qingzhou Yingni.

As soon as the news was announced, Qingzhou Yingni's stock price began to fall instantly. By the time the market closed in the afternoon, the stock price had fallen below HK$5 per share.

Originally, everyone thought that the eldest son of the Lei family would fight with the Kane family again, but they did not expect that Lei Yunrong was so sharp and quickly cut through the mess and took nearly half of the equity of Qingzhou Yingni.

This made everyone very confused. Didn't they see Lei Yunrong sweeping up stocks on the stock market on a large scale? He had previously issued an acquisition invitation for HKD 6 but it stopped soon. Where did he obtain so many stocks?

However, there is no doubt about the ability of shareholders. They immediately discovered from the announcement issued by Cheung Kong Holdings that the shares of Qingzhou Yingni held by Cheung Kong had been sold to Kowloon Construction.

Only then did everyone suddenly realize that it was Li Chaoren who had assisted.

This made some people feel embarrassed. They had previously scolded Li Chaoren for being a lackey of the ghost guy, but they didn't expect that he was building the plank road in secret. However, some people also scolded Li Chaoren for going out on the street and affecting their fortune.

No matter what these people think, most people still want to give Lei Yunrong a thumbs up and praise Lei Yunrong for his monkey racing!

This is the first time since the colonial rule of Xiangjiang that a Chinese-funded company has acquired a British-funded company. Although it is not yet certain that Qingzhou Yingni will be controlled, with the current momentum of Lei Yunrong, it will be a matter of time.

Before the Sino-British Joint Declaration was issued in 1984, it was difficult for us to imagine how aggrieved the people of Hong Kong were at that time. It was plainly told to you that the Chinese were second-class citizens.

Moreover, middle schools in Xiangjiang are prohibited from studying modern Chinese history. Even now, the older generation in Xiangjiang are still there and still remember the sufferings they have suffered, but many monsters and monsters have appeared in the next generation.

Therefore, Lei Yunrong's acquisition of Qingzhou Yingni can be regarded as an incentive for the Chinese people in Xiangjiang. Although Qingzhou Yingni is not a big company and its influence cannot be widely spread, it is at least a good start.

.

A week later, Qingzhou Yingni issued an announcement announcing a temporary suspension of trading due to major changes in equity.

The next day, Kowloon Construction announced that it had acquired all of their 31.25% shares in Qingzhou Yingni from the Kane family, and since then has held a total of 79.75% of Qingni shares.

Kowloon Construction decided to privatize Qingzhou Yingni and officially delist it!

As soon as this news came out, it once again shocked the Hong Kong stock market.

Xiang Zhiqiu looked at the news in the Hong Kong Economic Journal, smiled, shook his head, and said to his brother beside him:

"I already thought highly of this young man, but I didn't expect that I still underestimated him."

"Brother, where did he get so much money? HSBC wouldn't really support him as the next charter king, right? You know, privatizing Qingzhou Yingni will cost a lot of money."

"Who knows? It seems that I will have to spend more time with him in the future. I have a hunch that his achievements in the future will not be lower than those of the Charter King."

At the moment, there is a newspaper publishing the privatization of Qingzhou Yingni on the desks of heads of large and small enterprises in Xiangjiang. Some are shocked, some are impressed, and some are angry.

Li Chaoren looked at the news in front of him, holding the newspaper so tightly that it wrinkled, and finally sighed.

He found that many of his favorite targets had been won by Lei Yunrong in advance, such as the Lijing Building, the former site of the British American Tobacco Company, and the same situation now in Qingzhou Yingni. This made him have money but could not find any good projects.

.

In the end, I can only lament that the hero sees the same thing. Fortunately, the grudge with him has been put aside, and now he is on the line with Shen Bi. The rewards of maintaining this relationship in the future should be considerable.

Just when all the major media were reporting on Lei Yunrong's acquisition of Qingzhou Yingni, Lei Yunrong and Zhang Changlin led people to the old site of Qingzhou Yingni in Hung Hom.

Looking at the dilapidated land in front of us, although the abandoned factory buildings have been demolished, traces of the former glory can still be seen from the foundations.

However, the glory eventually faded. Weeds slowly covered it. Lei Yunrong also saw a group of wild birds perching here.

Not far away, waves wash over the beach again and again. At this moment, Xiangjiang is entering its hottest period, and the salty sea breeze is particularly comfortable on the body.

Lei Yunrong looked at this empty land, sighed and said:

"It took so long and cost more than 110 million Hong Kong dollars. In fact, the most important thing is for this piece of land."

The funds for the acquisition of Qingzhou Yingni, as well as the acquisition of the Kane family's shares in the early stage, were not much. These shares were purchased at the stock price before the acquisition. Of course, some of them were at a premium, but not much.

At that time, the stock price was just over 2 Hong Kong dollars, and the total market value of Qingzhou Yingni was only about 70 million. These shares accounted for nearly 50%, which cost 35 million Hong Kong dollars.

I also purchased some shares during the period when the stock price was rising, which cost me 10 million.

The most expensive thing was the shares purchased from Li Chaoren, which were purchased at a price of HK$6 per share. Including the part purchased by Lei Yunrong through invitations, there was a total of nearly a quarter of the shares, but it cost nearly

Fifty million.

Since Lei Yunrong announced that he has become the largest shareholder of Qingni, its stock price has been falling. After all, the situation of Qingzhou Yingni is there. Even if Lei Yunrong has excellent ability and can make Qingzhou Yingni bigger and stronger, but for

For cement plants, the cycle is too long and the risks are high.

So although everyone is excited that Lei Yunrong has taken over Qingzhou Yingni, it still needs to be sold. The stock price of Qingzhou Yingni is now a little over HK$3.

This is also the reason why Lei Yunrong did not release all the news, otherwise the cost of delisting the stock price of nearly HK$6 would have been too high.

Therefore, Lei Yunrong spent more than 20 million on the compulsory acquisition of more than 20% of the shares.

In total, Lei Yunrong spent more than 111 million to fully acquire Qingzhou Yingni, which is already a premium of more than 50%.

But looking at this piece of land, Lei Yunrong felt that it was very worth it!

"Leisheng, not only is this land, there is also a cement factory. In any case, its market share is still more than half."

"Speaking of the cement plant, has a new helmsman been found?"

"We have found and negotiated with him. He is the vice president of a large cement factory in the Philippines. His name is Zhang Jianan. He has rich industry experience."

"Very good, take him to my office to meet him when he arrives."

"Okay Lei Sheng."

Afterwards Lei Yunrong seemed to have thought of something and said with a smile:

"James Caan, this devilish guy, is smart enough to take away all his cronies in the company, saving us a lot of trouble."

"Qingzhou Yingni is actually a listed company, and it is almost becoming James Caan's family business. He has relatives in every position, otherwise he would not be so good at playing cards and be defeated by cement from Southeast Asia.

"

"Have all the vacancies in the company been filled?"

"Most of the positions such as finance and personnel have been filled, and some of the remaining vacancies are left to Zhang Jian'an. This will also allow him to establish prestige in the company."

"Very good. The cement market will be huge in the future and we can increase investment in Qingzhou Ying Cement."

"Okay, Lei Sheng!" Zhang Changlin then said:

"But it will cost a lot to expand the scale of Qingzhou Yingni. There is not much money left in the accounts of Jiulong Jianye and Qingzhou Yingni."

“Wouldn’t we make money if we sold this land?”

To be honest, Zhang Changlin was a little reluctant to part with such a large piece of land. After listening to Lei Yunrong's analysis, he also realized the huge value of this land.

Seeing Zhang Changlin's silence and a somewhat troubled expression on his face, he smiled and said:

"Mr. Zhang, we are both brother companies. Jiulong Construction will continue to focus on construction in the future, and Qingzhou Yingni will also focus on producing cement. As long as we can maximize our expertise, the company's scale and influence will follow, so

Let’s leave the real estate matters to Kowloon Development.”

"I understand Lei Sheng."

"Don't worry. With this acquisition of Qingzhou Yingni, Kowloon Construction probably won't have any money. I'll inject another 30 million Hong Kong dollars into you, but don't forget our three-year agreement."

"I will never forget that in three years, Kowloon Construction will definitely surpass Kinmen Construction in terms of scale and strength."

Lei Yunrong did not answer, looked at the land, sighed and said:

"It's a pity that this is just an industrial land. If it was a residential or commercial land, we would make a lot of money."

"If this is the case, Qingzhou Yingni will not be priced at this price, and we may not have a chance to get it."

Lei Yunrong smiled and said: "Yes, I am too greedy." Then asked: "If we propose to the Hong Kong government now to convert it into residential land, how much price difference will we have to pay?"

Zhang Changlin replied: "According to the housing prices near Hung Hom, it is estimated to be about HK$500 million."

"Five billion!"

According to the current general floor area ratio in Hong Kong, 900,000 square feet of land can be used to build 4 million to 4.5 million square feet of residences. The current housing prices in Hung Hom are about HK$300, and the total real estate price should be between 1.2 billion and 1.35 billion.

After deducting the price difference of 500 million, construction costs, etc., if the development is good, it may still make around 400 million. But considering the utilization rate of funds, it is still too much of a loss.

It is the simplest investment. You can make more money by flipping houses. Why bother to build it yourself so hard?

Zhang Changlin smiled and said:

"Of course, if the profits of the industrial reformers are relatively large, who will go to the Hong Kong government to auction the land? It would be fine if the big real estate developers directly purchase the industrial land and then change the nature of the land. The Hong Kong government is now making a fortune from selling land.

, how could you cut off your own financial path?"

Lei Yunrong was silent for a while and said: "This land will not be developed for the time being. Let's put it here first."

"Leisheng, you want to wait until the land price drops before changing it to commercial land!"

"That's right!"

In later generations, Li Chaoren followed this pattern, but perhaps God was helping him. When land prices plummeted in 1983, he converted a 2.3 million-square-foot industrial land owned by his subsidiary Hutchison Whampoa into residential land.

Before the real estate crisis, the price difference proposed by the Hong Kong government was HK$2.6 billion. During the real estate crisis, Li Chaoren lowered this figure to HK$300 million...

As for the land in front of him in Hung Hom, Li Chaoren was even more playful.

In 1983, Li Chaoren first bought this land in his own name and then developed the famous Hung Hom Crane Garden. All the profits were taken by him alone.

Not to mention the shareholders of Qingzhou Yingni, even his hometown Yangtze River Industrial Co., Ltd. can only take a small sip from the construction engineering side.

Therefore, in later generations, with Li Chaoren's nature, his net worth is definitely far more than the number reported in newspapers.

Nowadays, the development of Kowloon means that it will take a long time to rebuild the buildings in hand, so Lei Yunrong also learned from Li Chaoren's routine this time. Anyway, the land does not have a prescribed development period, so he will do something again when the land price plummets.
Chapter completed!