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Chapter 453: Hengrui Pharmaceutical launches tender offer, is it going to engage in disorderly expansion?(1/2)

During the holidays.

In addition to Tenda, Samsung-related news, news also broke out about Bud.

The most hotly discussed one is, of course, the Pinxixi cross-border e-commerce platform launched on May Day. Although the first-day data performance was quite satisfactory, it at least demonstrated Pinxixi's ambition to expand overseas markets.

It's impossible not to be noticed.

In order to cooperate with Pinxixi's overseas strategy, Qinghe Group immediately announced that the overseas version of Weixin will be released first in Southeast Asia, and the data will be connected with the Chinese mainland to achieve barrier-free communication.

Weixin Payment has also taken the lead in landing in Star City, Siam and other countries, entering the trial operation stage.

Qinghe Group's products that go overseas together, as well as Qingyun Services, Pangda Live, Feixun, Frog Browser, Tiantian Toutiao and other leading products, are all being launched online in Southeast Asia.

at the same time.

Qingcheng Group also announced that the Qingcheng app will be launched in Star City, Siam and other countries and enter the trial operation stage.

"Oh, Pin Xixi is very ambitious!

"

"No, to be precise, it's because Mei Ya's ambition is very high. This is obviously a combination of punches."

"It's a good idea to dare to take the initiative to explore overseas markets instead of always being involved in China's mainland. At least from my personal point of view, I support it very much!"

“As someone who studied abroad in Star City, I couldn’t be more impressed!”

"With a budding rank, it is really not suitable to keep competing with the three giants at home. We should take the initiative to go out, expand overseas markets, and strive to become a truly large company with global influence."

On the whole, netizens still approve of Bu Ya’s overseas strategy.

It was a bit uncomfortable to let Ahri and Tengda lie innocently, especially Ahri. Seeing that Pin Xixi was still rushing forward, he inevitably felt a little threatened.

"Juhuasuan's sniper attack on Pin Xixi has not been successful so far."

This is the conclusion reached not long ago by Ali’s CEO and President Ren Xiaoyao.

The sinking market is not so easy to play.

Pinxixi is able to play in the sinking market. First, it has targeted the central and western regions from the beginning, and even set up its headquarters in Jiangcheng to show its determination to deeply explore the sinking market.

The second reason is because of the support of the Guochao Brand Plan.

In contrast, Juhuasuan itself is a sub-track of Mobao. It has been in a state of limbo before and has internal inertia. It is strange that it can be successful.

This also made Ahri determined to launch the magic treasure special edition plan.

“We can’t just let Pinxixi grow bigger.”

This is the conclusion that the uncle came to after listening to Ren Xiaoyao's report. From the bottom of his heart, he began to pay attention to an opponent like Pin Xixi. "We must complete the development of the sinking market within one year."

"clear!"

Ren Xiaoyao only felt that the burden on his shoulders was heavy.

"Also, Pin Xixi is exploring overseas markets, and Mo Bao cannot rest on his laurels. He should also try his luck overseas. If necessary, he can engage in hand-to-hand combat with Pin Xixi."

In the field of e-commerce, the uncle has a very insightful vision, and he immediately realized that cross-border e-commerce may be an outlet in the future.

Ahri has no reason to miss it.

"clear!"

Ren Xiaoyao agreed again, and then suggested: "Pin Xixi is ahead. If we want to catch up, it is best to acquire several overseas e-commerce platforms. This will save a lot of effort."

"Can!"

The uncle was also proud and nodded in agreement.

Unlike Tenda, which has a tight capital chain, Ahri is living a pretty comfortable life today.

The cash flow on hand is quite sufficient.

"By the way, after the merger, did Dida come up with any new business strategies? Has it stabilized its market share, or is it still being cannibalized by Qingcheng Taxi?" The uncle was concerned about another matter.

This is another worry for him.

"Right now, Tick Tock is still in the process of integration and is still very chaotic internally. It will be difficult to come up with any new and effective countermeasures in a short period of time," Ren Xiaoyao said.

The implication is that Dida’s market share continues to be eroded by Qingcheng Taxi.

"..."

The uncle became even more depressed, suddenly lost interest in talking, and waved Ren Xiaoyao to leave.

………

Sprout Building.

After reading relevant news reports about Tenda and Samsung, Zhang Shuo was in a happy mood and came to the conference room next door.

Lu Kai and other senior executives have arrived early.

"Chairman, the first step in the acquisition of Hengrui Pharmaceutical has been basically completed."

As soon as he came up, Lu Kai focused on reporting on the progress of the acquisition of Hengrui Pharmaceutical, "Sprouting Investment has acquired 7.5% of Hengrui Pharmaceutical's equity in the secondary market through various channels."

This is already the limit of what budding investment can operate.

Due to the failure of Germinal Investment and the recent bull market factors, Hengrui Pharmaceutical's stock price suddenly rose by nearly 10% in the past half month.

If Germination Investment continues to make money, it will inevitably continue to drive up the share price of Hengrui Pharmaceutical, increase the acquisition cost, and may even passively turn Hengrui Pharmaceutical into a monster stock.

If it really gets to that point, it won't end well.

"In addition to acquiring from the secondary market, Sprout Investment has reached an agreement with the two major shareholders of Hengrui Pharmaceutical. We only need to wait for our side to issue a tender offer for Hengrui Pharmaceutical before the relevant equity delivery can be completed."

Transactions with major shareholders are the bulk of the acquisition of Hengrui Pharmaceuticals.

After all, there are still too many uncertainties in the secondary market.

"The next step is to issue a tender offer for Hengrui Pharmaceuticals. The problem now is that with today's stock market conditions, once the tender offer is issued, Hengrui Pharmaceutical's stock price is bound to soar again."

Considering the popularity of the Sprout Group in China, being acquired by the Sprout Group is definitely a huge benefit to Hengrui Pharmaceutical. With the current stock market atmosphere, it would be strange if it is not sought after by investors.

This will undoubtedly increase the difficulty of acquiring Hengrui Pharmaceutical.

Because once the share price of Hengrui Pharmaceutical rises too fast, if Moya wants to complete the acquisition of Hengrui Pharmaceutical, it will inevitably have to pay a high premium, otherwise it will damage the interests of the majority of shareholders.

And obviously, Mei Ya doesn't want to be taken advantage of.

This chapter is not over yet, please click on the next page to continue reading! "Is there any solution?" Zhang Shuo asked.

"some."

Lu Kai dared to bring it up, but of course he had already made plans. "My suggestion is not to launch a tender offer for Hengrui Pharmaceutical for the time being. Instead, we should first negotiate with the major shareholders of Hengrui Pharmaceutical."

That is to say.

Sprout first secured the major shareholders of Hengrui Pharmaceutical and waited for the tender offer to be issued. Hengrui Pharmaceutical immediately convened an interim board of directors to approve Sprout's acquisition offer.

In this way, the mess can be cut quickly without giving the stock market time to ferment.

"Yes!" Zhang Shuo agreed with Lu Kai's proposal, "The key is to convince Sun Yang, chairman of Hengrui Pharmaceuticals, to make a clear commitment. As long as Sun Yang agrees, he will be appointed president of Qing Ning Group."

Sun Yang is not only the chairman of Hengrui Pharmaceutical, but also the largest single shareholder.

Status is crucial.

"We must also make it clear to Sun Yang about the attitude of the Sprout Group towards the group's subsidiaries. After the group headquarters sets the big business strategy, it will not interfere in the daily operations of the subsidiaries for no reason."

"The group's subsidiaries have considerable autonomy in the budding system."

You know, as the founder of Hengrui Pharmaceutical, Hengrui Pharmaceutical is the lifeblood of Sun Yang. If he cannot obtain the dominance of Hengrui Pharmaceutical, it is difficult to believe that Sun Yang will agree to the acquisition of Germination.

Even if the price offered by Germination is attractive enough.

What's more, Sprout Group's acquisition of Hengrui Pharmaceutical is not a one-and-done deal. In addition to acquiring Hengrui Pharmaceutical's assets, it is also acquiring Hengrui Pharmaceutical's management team.

The hope is that after being acquired, Hengrui Pharmaceutical can be well integrated into the entire budding system.

Rather than becoming a weakness for the sprout.

Because of this, in this acquisition of Hengrui Pharmaceutical, Sprout Group must "convince people with morality", make the other party willing, and at the same time ensure the interests of all parties to the maximum extent.

Including the interests of small and medium-sized shareholders.

Instead of playing the role of invading barbarians and ending up with nothing but chicken feathers.

Zhang Shuo originally planned to meet Sun Yang in person and personally ask Sun Yang to join the sprout family, but after thinking about it, he put this idea aside for the time being.

We plan to let Lu Kai get in touch first. If Lu Kai really can't handle it, he will take action then!

Do this.

It can not only further push Lu Kai, the president of the Germinal Group, to the forefront, but also leave some room for him.

Lest the horse stumble!

"clear!"

With the instructions from the big boss, Lu Kai felt more confident.

………
To be continued...
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