Chapter 192 Conspiracy with China Bus
Chapter 192 Conspiracy with China Bus (asking for monthly ticket)
Time quickly came to March.
All businesses under Changxing Group are also developing normally.
On the 2nd, Yang Wendong came to the Honghua Building. Now that Changxing Industrial's business was developing normally, the focus of his career began to shift towards real estate.
After all, the real estate business is just starting out now. At least we have to complete the first high-end residential business before we can let managers take charge.
The bus business is at least one of the important factors to match the residential business and even possible commercial business in the future. The convenience of "travel" is the key consideration when people buy a house.
"Mr. Yang." Zheng Zhijie said softly after seeing his boss, "There has been some progress at China Bus."
"Okay, let's go inside and talk." Yang Wendong said happily upon hearing this.
Now, Changxing Real Estate Company has quite a few employees and all the necessary departments are in place.
In this situation, many things still need to be kept confidential. Trust or not is one thing, but there is no need to take risks.
After the two of them went in, Zheng Zhijie said, "Mr. Yang, I have contacted Huang Wangcai's son Huang Yaonan, and he agreed to meet with us."
Yang Wendong asked back: "Did you tell him that we want to buy his shares?"
"That's not the case." Zheng Zhijie shook his head and said, "I just said that we want to invest in Hong Kong's public transportation industry and support the Huang family to take over. We want to meet with the Huang family to discuss it first."
"Well, okay." Yang Wendong smiled and said, "But if Huang Yaonan is smart, he should know that we want to acquire China Bus."
"We need to test it out first, and it's not good to say it too directly." Zheng Zhijie continued, "After all, it's not a listed company, and the two shareholders hold too many shares. Without their consent, it's basically impossible to take action.
The Huang family obviously wants to take over the management rights of China-Pakistan Bus. Now that the Yan family controls China-Pakistan Bus, unless they give up, they will definitely be willing to understand our intentions. "
"Well, have you made an appointment?" Yang Wendong asked again.
Zheng Zhijie said: "Huang Yaonan said that it is possible recently, it depends on your time."
"The sooner the better." Yang Wendong thought for a moment and said, "But we should keep this matter low-key. Let's meet at the big hotel tomorrow. You can go there and reserve a private lunch room. I'll treat him to lunch."
One of the biggest advantages of a big hotel is that reporters are not allowed to go up there.
Although there were small film cameras in this era, these were very unclear and could only take close-up photos of text materials. They were mostly used by spies.
Therefore, wealthy people, celebrities, and politicians feel very safe inside the hotel.
"Okay, I'll call him later." Zheng Zhijie took out another document and said, "Mr. Yang, this is more detailed information about Yan Chengkun and Huang Wangcai, the founders of China Bus.
Yansheng is a highly educated person. He used to be in the taxi rental business. Huang Wangcai is a commoner who started from scratch. In his early years, he was in the shipping business, using small wooden boats. Later, they jointly established China Bus.
Knowing that he lacked the ability, Huang Wangcai basically did not care about the operation of the bus company, but he tried his best to train his son Huang Yaonan until he graduated from an overseas university, just because he wanted his son to be able to join China Bus Company in the future.
But Yan Chengkun has always disagreed. He wanted to take over the China-Pakistan Company alone. It is said that Huang Wangcai died of a serious illness due to anger, and Huang Yaonan has been using his shares to fight against the Yan family over the years, but the shares are not enough and have not played a big role. "
"So the two families have a feud." Yang Wendong nodded and asked, "How many shares does the Huang family have?"
Zheng Zhijie replied: "It is said that in the early years, the split was 64:4, and the Huang family held % of the shares, but it is not clear if there have been any changes in recent years. China Bus has always been a non-listed company.
However, once they are ready to go public, the equity structure must be announced, which is mandatory in the stock market.”
"Yeah." Yang Wendong nodded and said, "Let's ask tomorrow. We don't know when it will be on the market."
"Okay." Zheng Zhijie agreed.
……
On the morning of the 3rd, Yang Wendong came to the eighth floor of the hotel, where there was a Western restaurant with separate private rooms.
Through the window next to it, you can see the Victoria Harbour not far away, as well as the dock opposite. More than a dozen large cargo ships are unloading at the port dock.
It has a sense of modern history.
After a while, a man in his 40s knocked on the door and came in. He looked at the two people inside and asked, "Mr. Yang?"
Yang Wendong smiled and said, "Yes, Mr. Huang, please take a seat."
"I've heard of you, the King of Post-it Notes." Huang Yaonan came in and said with a smile, "I guess this must be Mr. Zheng, right?"
Zheng Zhijie nodded and said, "Yes, we discussed it on the phone."
After Huang Yaonan sat down, Yang Wendong said with a smile: "Mr. Huang, I think you are also a frequent customer here. You can order whatever you want."
"Okay, thank you, Mr. Yang." Huang Yaonan was not polite. For people like them, being polite over such a small amount of money would be a lack of face.
Soon, Huang Yaonan ordered the dishes. The waiter took the menu and left, closing the door.
Yang Wendong asked with a smile: "Mr. Huang, what do you think of what Mr. Zheng said to you on the phone before?"
"If Mr. Yang is willing to help me seize the management rights of Central Bus, I will naturally be very happy." Huang Yaonan paused and asked, "But I think there is no free lunch in the world, right? What is Mr. Yang's purpose? You might as well tell me directly."
He had received a call from a friend at Hang Seng Bank, who said a friend wanted to contact him. After he agreed, he received a call from Zheng Zhijie. He learned that the other party was a subordinate of the recently famous sticky note king, so he took it seriously.
The other party only said on the phone that they would try their best to help him obtain the management rights of China Bus. He refused to talk more about other things on the phone and insisted on meeting face to face.
Although he knew there must be something fishy going on, this matter was too attractive to him. It could be said to be his father's last wish, so he still came.
Zheng Zhijie poured a cup of tea and said with a smile: "Don't worry, Mr. Huang, my boss always seeks mutual benefit and win-win results when cooperating with others."
"Yes, my goal is for us to make profits together." Yang Wendong nodded, and then said: "For some personal reasons, I want to acquire China Bus Company."
"You want to acquire Central Bus?" Huang Yaonan's face changed, but he still asked calmly: "If you acquire China Bus, how can I have the management rights?"
Yang Wendong said with a smile: "Why not? After you help me acquire China Bus, I will let you run it after the success. Except for some special needs of mine, you will decide everything else.
As long as you don’t run the company to a loss and make reasonable profits, and don’t offend a large number of Hong Kong citizens and relevant departments of the Hong Kong government, then you have the final say in China Bus from now on.”
"If you don't want the management rights of China Bus, why do you want to acquire it?" Huang Yaonan was a little confused.
Yang Wendong smiled and said, "I have several industries under my umbrella, ranging from physical factories, real estate, media and even shipping. You don't think I will manage all of these industries myself, do you?"
In this era, many Chinese still like to manage their own companies, mainly because there are currently no large Chinese-funded enterprises in Hong Kong and the founders have enough energy to manage them.
But after another decade or so, when the Chinese giants have expanded exponentially, they will be forced to delegate power.
Huang Yaonan thought carefully for a while and said, "Mr. Yang, even if what you said is true, if this is the case, the management of China Bus may be in my hands, but the power will be gone.
Maybe one day, you can drive our Huang family away with just one word.
I am not saying that you will do this, Mr. Yang, but that you have the ability to do so. If so, it will be meaningless to our Huang family."
Yang Wendong nodded and said, "It is true that this is the case in business, but even if you do not accept my help, what will happen in the future?
The Yan family has completely controlled China Bus and has more shares than you. Even if you are a shareholder of China Bus, you are just a nominal director and have no rights at all, right? "
"Mr. Yang is right." Huang Yaonan did not hide anything. This kind of thing could not be concealed at all. Many managers in China Bus basically ignored his existence, and outsiders could find out if they wanted to.
Yang Wendong smiled and said, "Why don't you cooperate with us? If I succeed, I will give you the management rights. I can guarantee this with the title document. How about it?"
Even if he really acquired China Bus and drove out the two founding families, the Yan family and the Huang family, he still had to find someone to operate China Bus. It would be better to give it to the Huang family in exchange for his help now.
As for Huang Yaonan's ability, it should not be bad. Besides, he knows the future, so it will be difficult for China Bus to make mistakes and suffer losses. At most, the account data may not look good during the years of the economic crisis.
The most important thing at the moment is to get the help of the shareholder Huang family. Otherwise, even after China Bus goes public, most of the shares will still be in the hands of the major shareholders, and it will be unlikely for him to acquire them.
Huang Yaonan thought for a moment and said, "Written documents are good, but I still want a certain amount of equity. This is the foundation of our Huang family and it is also what my father left me."
Yang Wendong said with a smile: "I don't want your shares. When the company goes public, the Hong Kong Stock Exchange will announce the identities of all shareholders. If we trade now, Yan Chengkun will find out, which will make it impossible for us to successfully acquire the company later."
Huang Yaonan also understood and said, "Mr. Yang wants you to wait until the product goes public before you take action."
Yang Wendong nodded and said, "Yes, as long as we get more than 50% of the shares together, we can get the management rights, and even if the Yan family is still the major shareholder, they will be powerless to save the situation.
After that, I will find a way to get his stocks. It’s meaningless for me to take yours. After we succeed, we can just stand aside.”
Huang Yaonan frowned and said, “But Yan Chengkun now holds 52% of the shares. Even if it is diluted after listing, it will probably be close to 40%;
I currently own 33.6% of the shares, and after the listing, I estimate that there will be 25% left. If you want to acquire another 25%, it will be very difficult.”
"Of course it's not easy." Yang Wendong smiled and asked, "Besides China Bus, does the Yan family have any other valuable assets?"
Huang Yaonan said: "There are some. The Yan family owns a taxi company in Hong Kong Island, which has more than 100 taxis, and some small properties."
Yang Wendong shook his head and said, "These are not of great value."
"Then it should be gone." Huang Yaonan also understood the three words "great value". In his eyes and Yang Wendong's, it was different. Then he said: "Yan Chengkun has always regarded China Bus as his own company. Many investments and consumptions are made using the company's accounts."
"Well, this is good news." Yang Wendong nodded and said, "It's not easy to succeed in this matter, but the first thing we need to do now is to quickly agree to the listing of China Bus.
As far as I know, China Mobile has not yet decided on a launch date. Is it because of internal discord among you?"
"Yes." Huang Yaonan nodded and said, "Yan Chengkun wants to invest a large amount of funds in new routes and purchasing buses after the listing, which will result in very high costs. My Huang family does not agree, and several other small shareholders also disagree."
"That's even better." Yang Wendong smiled and said, "Mr. Huang, when you go back, you must agree to his request. The sooner it goes public, the better. Only when it goes public can I operate more easily."
Huang Yaonan agreed and said, "That's fine, but don't act so easy, or it will make Yan Chengkun suspicious."
"Well, my suggestion is to ask him for money directly." Yang Wendong said.
"Want money?" Huang Yaonan was a little confused.
Yang Wendong added: "The second thing is that you have to agree with his post-IPO strategy at the board meeting and force him to spend more money.
As long as he spends more money and the company runs out of funds, he may raise capital on the stock market. At that time, our chances will be even greater."
Huang Yaonan thought for a moment and asked, "Mr. Yang, this is indeed possible, but what if he takes out a loan?
Yan Chengkun has good relationships with many banks, so it is not difficult to get a loan.”
PS: Please give me a monthly ticket
(End of this chapter)