Chapter 155: Secret trap

On May 10, 1997, it was Saturday. On this day, Hao Mingming and Zhou Yuxi and Liu Yun of Xingmei and Fashion; Ke Chengye, Feiting, Chen Yongqi and Liu Changle of Xingguang Entertainment; Yao Hongji and Lu Wentao (formerly general manager of Julong Communications); Fang Kai, Fang Le, Qingqi of Xingfu Investment; Yu Deli, An Yili, Tian Shiping, Qiao Yinsheng of Xinghua Real Estate; Wu Haijun and Chi Chongrui and Han Shihao of Xingyun Electronics; Fujino Soichiro Shi Yingkai and Yang Rongguang of Xingchen Manufacturing; Jiang Daofang and Kao of Xingkong; Wang Yunqi, Ma Sanqi, Jiang Likui, Cha Guoqiang of Xinghai Trading; Mo Wei of Xingwei Resources (just invited from the German Kaco New Energy Company) and other key departments of Zhongxing International, such as Chen Changzheng and Wang Yiren, held a three-day conference at the Hong Kong headquarters of Zhongxing International.

In the past three days, 36 people, including Yang Xing, were all together. They visited the technical product exhibition room at the headquarters, and also exchanged with each other's problems encountered in their business decisions and solutions proposed by each other. Of course, the highlight was that Yang Xing took them to Qian Yiming's place for a visit.

In addition to the few people from Xingfu Investment and Wang Yiren and others who arranged for the daily life of Qian Yiming and others, it was the first time that the others knew that the boss was still playing this game of secret chess. For the first time, it was understood the young boss's courage and vision of the overall situation. Who could imagine that he could foresee today's situation a few years ago and would bet on a gamble before this storm hit after success.

Although most of them do not understand the boss's behavior of spending money on his wealth, they understand that even if Yang Xing wants to give up the company's equity, he must go public before July this year. In order to get their support, Yang Xing not only needs to keep it confidential and need not to say much about the situation involving the military and "peeper" organizations, but also explains to them all the specific problems encountered by the company.

The final focus is on the idea of ​​resolving the book deficit of Guangdong Guotou by the Guangdong government by exchanging equity for funds. The other party has taken out equity in many companies that are ranked high in various industries in China. Yang Xing's opinion is whether he can raise another sum of money outside the company's original plan, and each company will choose the right investment target.

To be honest, as the largest province in China in manufacturing, the Guangdong government provides assets that most of the Central Plains provinces are incomparable to mineral resources. Even if the famous companies in China retain their brands, they are worth a considerable wealth. However, because of the temporary intention, all the companies under Zhongxing International are short of funds, and now there is still a large amount of money to operate foreign exchange transactions, which is quite a bit stretched.

At the end of the discussion, the experts of Xingfu Investment proposed a very sinister idea, which coincided with Yang Xing’s private idea. That is to go all out. Since the company has determined that the Asian financial crisis cannot escape, it will sweep everything and the company’s assets will inevitably depreciate significantly. Then just take it aside and take out all the assets of Zhongxing International to gamble, and sell it out when the company’s stock price is at a high level to make a fortune!

Since the controlling rights of many companies are no longer in the hands of Zhongxing International, it would simply take advantage of the opportunity of the ban on the equity in its maturity and sell the equity of Zhongxing significantly. For the legal person equity that cannot be sold, you can mortgage loans and issue overseas bonds from overseas financial consortiums. Wouldn't Baifuqin never forget to drive Yang Xing off the position of president of various companies under Zhongxing? Just give them all to pass on all risks. Although they will temporarily lose a large position on the board of directors, as long as they firmly believe that the storm will come and the stock price will plummet, they can use less than half of today's funds for repurchase. I believe that William Deng and others will have a wonderful expression at that time.

Yang Xing was overjoyed after hearing this. Although this was a bit despicable, William Deng and others could do the first year of the junior high school, so why couldn't they do the fifteenth? They immediately asked all companies to work together to develop a seamless plan, which not only wanted overseas financial consortiums to take the bait, but also could not scare away potential investors who were optimistic about the development of the company.

Finally, Yang Xing repeatedly emphasized that although there is no burden to slaughter "fat cats" like Baifuqin, for investors of all sizes, a plan to protect them must be formulated. Although Zhongxing International wants to take advantage of the inflated Hong Kong stock market to sell shares and mortgages, once the Hong Kong stock market plummeted, it still has to buy back stocks at a suitable price. This is not only a step to regain the controlling rights, but also an explanation to the majority of investors. Regarding the domestic stock market's favorite behavior of killing retail investors, Yang Xing has always believed that it is a behavior of killing chickens and getting eggs, which is not worth taking.

After three days of discussion, everyone unified their thoughts, improved their plans, and went back to prepare. According to Yang Xing's prediction, the day of the storm was July, so we should start as soon as possible. This time, Yang Xing did not directly put forward his own requirements, but guided his subordinates to propose solutions according to his own ideas, which was effective. It seems that the best way to convince others is to let him be the idea he came up with. He decided that he should give more guidance and command in the future, so that his subordinates can use their talents to conduct specific operations.

May 14th is the eighth day of the fourth lunar month and the Buddha's birthday. It is a public holiday in Hong Kong, but many people cannot rest on this day. Yang Xing took a large group of people from Xingfu Investment to visit the headquarters of Baifuqin Group again. He deliberately did not make direct requests in this negotiation, but instead put forward his own difficulties and led them to the wrong path.

William Deng and Xu Weili, two old foxes, were indeed deceived. They felt that "magic boy" Yang Xing was still young. The biggest problem with diversified management was that they were afraid that the stall would be too big and that they could not be collected back, which led to difficulties in capital turnover. Although they knew that Yang Xing had used his skills to raise funds from multiple channels to solve the problem of listing, he now expressed his intention to mortgage the company's equity in order to speculate foreign exchange. They all felt that their opportunity had come, and the good days of this young business star were coming.

After reading the information given to them by Yang Xing, they still admire Yang Xing's courage to swallow elephant by the Guangdong government. As long as the funds are in place, it is not impossible to try it. But is it a price? They pretended to hesitate and saw Yang Xing confident in his appearance. They knew that although Yang Xing was young, he was not a simple opponent. Finally, they proposed their plan, which was exactly the same as Yang Xing's basic idea.

They pointed out that given the large amount of financing of Zhongxing International this time, Baifuqin cannot take over the company. They will negotiate with the foreign consortium in Hong Kong. If the other party is interested, the company's refinancing project of up to HK$9 billion will be completed by mid-July at the latest. However, this time, the shares of Zhongxing International, including Xingfu Investment and Xingdou Research Institute will be included in the financing arrangements, and the company's board of directors will also be significantly re-elected.

They originally thought that Yang Xing was young and competitive, and would definitely strive for the controlling stake of his own company that he had grown and developed, and were ready to make some comments. Unexpectedly, Yang Xing and his subordinates replied directly after a brief discussion, "That's it, but time must be done. We are negotiating with the Guangdong Provincial Government and urgently need money." Yang Xing said while signing the draft agreement. Deng William and Xu Weili, who thought they had gained a big advantage, also asked Yang Xing with interest what project made him so urgent.

Of course, Yang Xing pretended to be so urgent, but if he wanted to deceive William Deng, he was naturally a three-point fake and seven-point real. The conditions given by Guangdong Province are indeed once a lifetime. On the list of selling corporate equity, the reputation of many companies will be resounding throughout Asia in the future. Shenzhen Development Bank, China Ping An Insurance, Gree Electric Appliances, Kelong Electric Appliances... It sounds so salivating!

Shenzhen Development Bank is the first joint-stock commercial bank to be listed on the Chinese stock market, and Ping An of China is ranked among the top three insurance companies in China. Gree Electric is now the largest air conditioner manufacturer in China, and Kelong Electric's refrigerator sales at this time are also above Qingdao Haier. These companies are all star companies listed or about to be listed in China. Although the shares transferred by the Guangdong Provincial Government cannot be directly controlled by Zhongxing International, it is transferred to a certain proportion of non-circulating legal person shares by Zhongxing International through targeted share issuance. However, after Zhongxing obtained the status of a major shareholder, the shareholder government of the state-owned shares did not directly participate in the operation. Zhongxing International can naturally obtain operating rights and sales rights, which is equivalent to a joint venture between private enterprises and state-owned enterprises. It can be said that it immediately took a big step in China and became one of the top major groups in China.

Because the temptation was too great, Yang Xing made such a foolish move. William Deng thought proudly, and they did not bother with the details and agreed to contact the major investment banks and foreign banks stationed in Hong Kong immediately. Their opponent Yang Xing also sneered in his heart. His eyes in Indonesia had already told him that Baifuqin helped several Indonesian companies raise hundreds of millions of dollars, and the Indonesian rupiah would depreciate by 70% when the storm hit. By then, they were trapped by the stocks mortgaged by Zhongxing International and suffered a huge loss in Indonesia. I am afraid that there is only one way to go to bankruptcy. I wonder if these two old foxes can still smile so happily like they are now?

There is no doubt that Baifuqin's professional ability is that on June 2, in order to meet the financing needs of the Hong Kong Exhibition Center, Zhongxing International took the initiative to promote itself to the Hong Kong Media for the first time. It has officially announced the group's development plan for the next ten years at the Exhibition Center.

Among them, Starlight Entertainment proposed to acquire multiple record and film companies in mainland China, Hong Kong, Taiwan, Singapore, Malaysia and other places to form a multinational film and television company, and negotiated with the State Administration of Radio, Film and Television to implement the program in China. If successful, Asia Phoenix Channel will become the first foreign-funded TV station in China.

Xingmei Fashion proposed to promote its famous domestic brands such as Shuangmei and Meijiajing to the Southeast Asian market, and also claimed to continue to strengthen cooperation with Shanghai Light Industry Group to repackage many time-honored brands in Shanghai, and create a new generation of domestic high-end luxury brands in a fashion-oriented, youthful and luxurious way.

Xinghai Trading has a lot of ambitions. They proposed to spend three years to implement the "100 cities and 100 stores" plan in 100 cities including provincial capitals and secondary cities, and plan to arrange 3 to 20 sales outlets per city according to the consumption level. The mid-to-high-end department store represented by Xingfu Department Store, the comprehensive commercial center marked by Qunxingfang Pedestrian Street, the historical transformation of Xingtiandi's new cultural commercial street, and the chain supermarkets and home appliance companies such as Xingrong and Xingle will bloom in full swing according to regional characteristics. Xinghai Trading's slogan is to become the king of domestic retail channels and ensure that it will never be an advertising gimmick.
Chapter completed!