Chapter 691
Chapter 691
Compared with Yu Ren Airship Company's traditional products, it has demonstrated a clear leading position in terms of speed, comfort and fuel economy.
This situation undoubtedly brought a huge impact on Yu Ren Airship Company's product sales and market position. Product sales declined significantly and market share was continuously eroded.
This fierce competition has triggered a strong chain reaction in the capital market.
Based on the current situation, professional market analysts have significantly lowered their expectations for its future earnings. Investors who were originally optimistic about the company have suffered a severe blow to their confidence under the influence of such pessimistic expectations.
In this situation, small and medium-sized shareholders, based on the practical consideration of preserving and increasing the value of their own assets, have made the decision to sell their shares, trying to stop losses in time before the stock price falls further to avoid greater losses to their own wealth.
Their series of operations further exacerbated the fluctuations in the company's stock price, making Yu Ren Airship Company's situation in the capital market even more difficult.
At this moment, He Yuzhu was sitting in a spacious and bright conference room, his eyes slightly focused, his expression showing some thoughtfulness, as if he was repeatedly weighing the pros and cons in his mind.
He twirled the pen in his hand slightly and suddenly asked, "Mr. Huo, with your business ambitions and plans, are you interested in acquiring a listed company?"
Upon hearing this, Huo Yingdong paused in his hand that was holding the teacup, and a sharp glint flashed in his eyes, which was a businessman's instinctive grasp of opportunities.
He answered without hesitation, "Of course. In this turbulent business climate, acquiring a high-quality listed company is undoubtedly a key step in expanding my business territory. I naturally wouldn't miss such an opportunity."
He Yuzhu then nodded slightly, leaning forward slightly, and continued, "I've been researching the market recently and noticed that Yu Ren Group has another listed company, Yu Ren Insurance. From its equity structure to its market operations, this company is quite similar to Yu Ren Watercraft in many aspects. There may be similar acquisition opportunities hidden behind it, which is worth our attention."
"Yu Ren Insurance?" Huo Yingdong frowned slightly, a hint of doubt flashed in his eyes. He was obviously quite unfamiliar with the name. He subconsciously repeated it in a low voice, his tone full of inquiry.
He Yuzhu keenly caught his expression and answered affirmatively without hesitation, his words revealing confidence: "Mr. Huo, you may not know that Yuren Group's control over its two subsidiaries is not strong. In my opinion, Yuren Insurance's equity structure is similar, and there is also a lot of room for maneuver. With careful planning, it won't be difficult to acquire it."
A sharp light flashed in Huo Yingdong's eyes for a moment, as if the treasure he had been searching for in the darkness for a long time had finally been revealed.
His body straightened unconsciously, his voice rose unconsciously, and he asked eagerly: "Do you have detailed information about this company?" His tone was full of irrepressible desire, as if this company carried the major opportunity he had been thinking about.
Seeing this, He Yuzhu raised the corners of his mouth slightly, revealing a confident and determined smile.
He took out a document from the inner pocket of his custom-made suit with calm and elegant movements. The document was carefully arranged with neat edges and corners, and it was obvious that a lot of thought had been put into its creation.
Yes, this is exactly the detailed information about these two companies.
He handed the document to Huo Yingdong without hesitation, with a calm look in his eyes, as if to say that he had long expected the other party to ask such a question, and everything was in his plan.
Upon seeing this, Huo Yingdong's eyes instantly became as sharp as an eagle. He stretched out his hands impatiently and took the document steadily, with an uncontrollable eagerness in his movements.
He leaned forward slightly, his eyes as sharp as torches, scanning the paper rapidly, not missing a single word or piece of data.
He scrutinized every detail meticulously, as if he wanted to imprint every bit of information in the document deeply in his mind.
The office was almost suffocatingly quiet, with only the rustling sound of papers being turned, faintly echoing in the air.
Time seems to have frozen, and every second is infinitely stretched.
After a long time, the corners of his mouth, which had been tightly taut, slowly relaxed, and an imperceptible look of satisfaction crept onto his face, like fireworks quietly blooming in the night sky.
He nodded repeatedly, his tone filled with undeniable conviction as he spoke, "Indeed, a deeper analysis reveals that these two companies are practically identical in their core business areas of expertise and future development potential, as if they were cut from the same mold."
He Yuzhu pretended to look through the documents, but in fact he was observing secretly.
Seeing this scene, his heart, which had been hanging in his throat, quietly fell back to its original place, but on the surface he still looked calm.
With a perfectly calculated smile on his lips, he spoke to Huo Yingdong calmly and with precise rhythm, "After careful consideration, from the perspective of business compatibility and resource integration, I believe that only one of these companies can firmly support my business layout and achieve my strategic goals. If Mr. Huo is interested in either company, he is free to choose. I sincerely offer it to you."
When Huo Yingdong heard this, he was stunned for a moment, as if his whole body was frozen. Then he threw his head back and laughed out loud. His laughter was so hearty that it seemed to break through the ceiling of the office.
His eyes were filled with amusement, as if he had discovered an interesting puzzle. He jokingly said, "Haha, it's really unexpected that you've been so interested in this Yu Ren watercraft so long ago and put so much thought into it. Well, if that's the case, then I won't join in the fun and leave the opportunity to you."
"In that case, I'll choose Yu Ren Insurance."
Having said that, his expression suddenly changed as soon as he finished speaking.
The originally relaxed brows were suddenly wrinkled as if by a sudden gust of wind, and instantly twisted together, as if being grabbed by an invisible and powerful hand.
His eyes were fixed on the stack of documents in his hand, as if he wanted to see through it. The paper was slightly wrinkled under his tight grip, and irregular folds appeared on the edges.
Then, he lowered his head slightly and muttered to himself thoughtfully, "Wow, the total market value of this company is as high as 1000 million..."
His tone was full of astonishment and disbelief; his wide-open eyes and slightly parted lips expressed the shock he felt at the moment.
This number far exceeded all his previous estimates. It was like a heavy hammer hitting his heart, making it pound. For a moment, he was caught off guard, and his thoughts were in chaos.
After careful calculation, in order to successfully acquire shares in this company, according to the current situation, at least 500 million in cash needs to be raised.
These 500 million are not a small sum that can be easily taken out of pocket. For any investor, it is a heavy financial pressure, like a heavy mountain that makes people feel breathless.
Moreover, acquisition is by no means a simple task that can be accomplished overnight. It is more like a long journey through thorns, full of twists and turns and variables.
In this process, the market is like an extremely sharp hunter, and any slight disturbance will easily trigger its vigilance.
Once the market's keen sense of smell catches the slightest hint of an acquisition, investors from all walks of life will rush into the market like sharks smelling blood.
In this way, the stock price will inevitably rise as if pushed by an invisible and powerful hand.
By then, the cost of the acquisition plan, which was originally estimated to be completed at 500 million, will probably soar significantly, far exceeding expectations.
Who knows, it may soar like a wild horse that has broken free from its reins, all the way to 600 million or 700 million, causing the acquirer's financial pressure to increase exponentially, like a snowball, getting bigger and bigger until it becomes a dauntingly large number.
Thinking of this, Ho Ying-tung felt a headache and his temples were throbbing.
Just a few days ago, he and He Yuzhu met in the magnificent lobby of Pedder Building with a ceiling height of dozens of meters. The luxurious decorations around and the well-dressed merchants coming and going showed the extraordinary nature of this place.
At that time, the two stood under a huge crystal chandelier, in front of them was a long table covered with exquisite velvet, on which were documents and checks.
They looked solemn as they each signed checks for astonishing amounts. Every stroke of the check seemed to have been poured with countless efforts, and they finally successfully acquired the shares of Pedder Bank.
Now that a large sum of money has to be spent to acquire Yu Ren Insurance, the originally abundant cash reserves are suddenly stretched, and the changes in the account numbers are worrying.
The problem of the two people's shortage of working capital is like a thick dark cloud, weighing heavily on their hearts and making it hard to breathe.
However, with his many years of experience in the business world, Ho Ying-tung, like a battle-hardened general, had already thought of a response plan.
He was confident in his heart and was not overly worried about it. He quickly turned the topic to buying and selling stocks with a calm expression, and enthusiastically discussed the subsequent stock purchase plan with He Yuzhu, his words full of considerations for future layout.
For the next three or four days, He Yuzhu would arrive at Li Yunzhen Company's spacious and bright office on time every morning.
Chen Jiapei always has a smile on her face and hands over 1000 carefully sorted shares of stock with both hands.
However, on the fifth day, Chen Jiapei, looking slightly grave, told He Yuzhu, "Mr. He, it's becoming increasingly difficult to acquire shares in the stock market these days. After the share price of Yu Renshui Boat fell to 3.6 yuan, trading volume dropped sharply, and many shareholders are sitting on the sidelines, unwilling to sell easily."
After hearing this, He Yuzhu frowned slightly and nodded thoughtfully.
His eyes revealed a deep thought, and his mind was like a sophisticated machine, quickly analyzing the current complex situation.
After a moment, he spoke softly and asked in a steady tone, "What's the situation at Yu Ren Insurance Company?"
Recalling that before, in that luxurious and elegant sea view restaurant, outside the window was the sparkling and magnificent Victoria Harbour, and the waves gently hit the shore, creating layers of white foam.
He and Henry Fok sat opposite each other, with exquisite food and fine wine on the table, but their minds were not focused on this at all.
For a whole day, they had extremely in-depth communication regarding the acquisition of Yu Ren Insurance shares, covering everything from market prospects to potential risks.
After a long and careful consideration, we finally decided to try to acquire Yu Ren Insurance's shares.
Since all kinds of transactions have always been conducted through Li Yunzhen's company, the two parties have cooperated very well in every link in the past cooperation, forming a solid bond of trust.
Therefore, this time, Ho Ying-tung chose without hesitation to continue to complete the acquisition through Li Yunzhen Company.
Specific matters were handed over to the capable Chen Jiapei for execution. Chen Jiapei has always been rigorous, meticulous and decisive in her work. With her in control, both Ho Ying-tung and Ho Yu-chu felt more confident.
Chen Jiapei pushed her glasses up on her nose and explained in detail, "The acquisition went smoothly overall. However, Yu Ren Insurance's total share capital is enormous, reaching 300 million shares, with a single share price of around three yuan. Although there are many shares circulating in the market, to avoid large fluctuations in the stock price, the daily acquisition limit is set at 2000 shares, double that of other companies."
He Yuzhu frowned slightly, a hint of solemnity flashing across his deep gaze. After a moment's thought, he slowly spoke, "Alright, let's proceed according to this plan for now. Don't blindly force the acquisition. If the acquisition volume falls below 1000 shares that day, there's no need to rush. Don't let a small loss disrupt the overall process. By the way, how's your company's progress with contacting the major shareholder?"
He knew very well that simply purchasing stocks from the market in small quantities was undoubtedly a complicated and tedious task. It would not only take up a lot of time and energy, but also easily arouse the vigilance of Williams of Yu Ren Group if he was not careful, thus increasing the difficulty of the acquisition.
Over the past period of time, Li Yunzhen has been using her connections to try to acquire shares directly from the company's shareholders, hoping to break the deadlock and open up a new path for the acquisition battle.
Yu Ren Water Boat Company is relatively small in scale among the four major trading companies, like a small boat.
Wheelock and Company and Hutchison Whampoa are its important shareholders, like two thick ropes that maintain its course in the business world.
Companies such as Dairy Farm and Haojing Electric Power Company are like stars, dotted in the company's equity structure as small and medium shareholders.
Upon hearing the news, Chen Jiapei's previously focused eyes lit up instantly, like bright stars suddenly rising in the night sky. Her excitement was beyond words, and she said eagerly, "Ms. Li, this progress is truly smooth sailing. We have a very good chance of securing a 4% stake from an individual investor! Looking back over the past five days, we've navigated a thorny patch, carefully acquiring shares, only to acquire a total of 5000 shares, representing only 1% of the total share capital. But if we successfully secure this 4%, conservatively estimated, it will save us over ten days of precious time. Even better, this operation is extremely secretive, like a submarine gliding through the deep sea, without causing a ripple in the market or alerting anyone."
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