Chapter 542: Making such a big mess

On March 28, it was raining slightly in the sky in Jianye. When I walked out of the room in the early morning, it seemed as if there was light fog floating between the sky and the earth. When I arrived at my secretary Gao Zhen to take the car to pick it up, the light fog outside had turned into a drizzle in the early spring equinox.

Li Yuanhu took a bus to the provincial government building and completed the important matters at hand. Lu Wenfu sent it in to the Donghai Provincial Office of Hong Kong to the handwritten fax.

On the eve of Hong Kong's return, the return of Hong Kong is the biggest politics in China. This kind of hand-copy fax is mainly excerpts the main news broadcast by Hong Kong media every day. It is usually sent to the General Office of the Provincial Government and the General Office of the Provincial Party Committee.

Li Yuanhu took advantage of the work break and stood up and stretched his waist and legs. He took the fax from Lu Wenfu and walked to the window. He looked like the sound of the slight raindrops on the eaves.

"Oh, Jiaxin Industrial is about to issue an announcement today to announce the additional issuance and acquisition plan?" Li Yuanhu saw a Hong Kong financial news specially marked on the fax, "According to the provincial regulations, they can issue such an announcement today... Oh, is there any more detailed reports on this matter?"

The application period for the Aida electronic disc player business assets to be listed in Hong Kong has expired. According to the State Council and the Provincial Government in 1997, the State Council and the Provincial Government formulated temporary policies and regulations on overseas listing of mainland enterprises. As long as the local government and the China Banking Regulatory Commission fail to object to the overseas listing plan of the company within 20 working days, it will be approved.

"The fax is below," Lu Wenfu came over to help Li Yuanhu turn on a few pieces of paper on it. "I have asked the staff of the Hong Kong office to fax all the contents of the announcement issued by Jiaxin Industrial today..."

Li Yuanhu was quite satisfied with Lu Wenfu's work, but it was not only necessary to win the position of Secretary-General of the Provincial Government. Li Yuanhu sat down on the sofa in front of the window and carefully read the announcement information published by Hong Kong listed companies in the Hong Kong Financial News.

Charleston Industrial usually designates financial media for the Hong Kong United Stock Exchange officially issued an announcement, saying that it plans to issue approximately 821 million new shares in Hong Kong at a price of HK$4.6 per share, and is expected to raise HK$3.7766 billion to acquire 72% of Ida Electronics' shares. It will issue 319 million new shares to Hong Kong Yuexiu Holdings to acquire 28% of Ida Electronics' shares held by Hong Kong Yuexiu Holdings. Yinheng Zhengju and Guofu Financial will jointly become the underwriters of this additional issuance of Charleston Industrial. Charleston Industrial will hold a special shareholders' meeting on April 26 to review the additional issuance plan.

"3.8 billion, this is probably the largest amount of funds raised by mainland companies from the Hong Kong stock market..." Li Yuanhu just sighed softly and didn't say anything more.

Once the additional issuance and acquisition plan is successfully implemented, Aida Group will be well deserved to be the most popular company in China.

"There is also a news about Ida Electronics in Hong Kong..." Lu Wenfu whispered, "On the second page..." Li Yuanhu turned the handwritten newspaper directory to the second page and pointed it out to him, "Chen Xinsheng signed a cooperation agreement with the University of Hong Kong yesterday on behalf of Ida Group and will use the resource advantages of the University of Hong Kong to establish a product development center in the West District of Hong Kong..."

"Oh," Li Yuanhu became interested. He quickly flipped the fax and found the specific report. The Hong Kong Office sent half a page of the Wenhui report through fax. "It's another 50 million..." Li Yuanhu remembered that the initial investment amount of Ida Group's product development center in Beijing was also 50 million. He looked up at Lu Wenfu, "Kumhu won't fool the whole world, right?"

Lu Wenfu couldn't figure out Li Yuanhu's thoughts and said tentatively: "Who knows this kind of thing? A few days ago, Shin Kong Paper Industry traveled to the province to report to Vice Governor Hu. I heard from him that Kumho would set up R&D centers in Seoul, South Korea, Tokyo, Japan, and Tsukuba. In China, it is not only set up R&D centers in Beijing..."

"Oh, in addition to Beijing, Jinhu plans to set up R&D centers in some other places?" Li Yuanhu asked. After returning to the province from Haizhou, he rarely talked about Jinhu and its companies in the past few days.

"At that time, I had a quick chat with Zhou You in the aisle, but I didn't talk in detail. I doubt it would be necessary to build R&D centers in so many places at the same time. They had previously acquired ESS companies in the United States as their basic industry for testing technology R&D experiments in Silicon Valley..." Lu Wenfu said.

"Oh, by the way, let you understand the situation of Kumho's acquisition of ESS company. How do you understand?" Li Yuanhu asked Lu Wenfu.

"I'll get a general idea of ​​the situation. ESS has invested heavily in the early development of disc machine decoding chips. This time, TI, Scooper and Aida Electronics and Philips have developed a new generation of disc machine, which has made ESS's early R&D investment in vain. After this setback, it was on the verge of bankruptcy, so it gave Kumho a purchase of $1 million. I heard that the two main creators of ESS company also worked in Kumho at the same time..."

"Only one million US dollars?" Li Yuanhu was a little strange. It seemed that Kumho's actions in Beijing and Hong Kong were much bigger.

"It's not just one million US dollars. The Provincial Foreign Exchange Administration received an application for foreign exchange use from Kumho. They applied to remit a 20 million US dollars of foreign exchange into the ESS account. The application was made by a matter of technology research and development and communication. At the same time, they also applied to use 20 million US dollars for other purposes such as product technology and production line introduction in the near future..." Lu Wenfu tried to tell Li Yuanhu some of the things he learned from relevant departments in the name of Li Yuanhu in an understatement to avoid too emotional words.

"..." Li Yuanhu was sitting there, holding the fax piece in his hand, but his eyes drifted towards the raindrops outside the window.

In the morning, Carnival Industrial suspended trading and issued an announcement that the stock price before the suspension was HK$4.6 per share, which was also the planned additional issuance price in the additional issuance plan; in the afternoon, Carnival Industrial resumed normal trading of stocks on the Hong Kong Stock Exchange, and the stock price instantly rushed to HK$55 per share...

It's also light rain in Hong Kong, but the temperature is much warmer than Jianye. Zhang Ke was wearing only a shirt in the office specially prepared by Jiaxin Industrial. He sat at the desk, looking at the drizzle outside the window leisurely, thinking about where to go to the dusk after the rain. Chen Xinsheng, Sun Shangyi and others were nervously staring at the instant fluctuations of the stock price trend chart on the computer display screen.

"Young Master Ke doesn't seem to be worried at all?" Ge Mingde looked at Zhang Ke, who was content with his leisure and contentment. "Theoretically, the average stock price twenty working days before the shareholders' meeting voted to review the additional issuance plan did not meet the planned additional issuance price in our plan, and the additional issuance plan is very likely to be miscarriage..."

"Don't worry, there's nothing to worry about," Zhang Ke knew clearly that the Hong Kong stock market would return as an extremely critical political subject to speculation before the return, which caused the stock prices of Hong Kong listed companies to rise significantly in the few months before the return, so there was nothing to worry about. He shook his head and said, "I am a little too confident, so we don't have to discuss the issue of self-confidence. Instead of worrying about these things that we can't control, it's better to make the work at hand more perfect... There is still one month left before the extraordinary general meeting of shareholders, and this month can be used well."

"How to use it?" Fu Jiajun is responsible for the daily management of Jiaxin Industrial. The controlling shareholder of Jiaxin Industrial has long transformed from the previous Ge family to Yuexiu Holdings. Although Zhang Ke has already clearly defined the relationship with Yuexiu Holdings in terms of equity relations, Fu Jiajun and others still believe that Zhang Ke is the real controller behind Yuexiu Holdings, that is to say, Zhang Ke is the boss behind Jiaxin Industrial.

"In the past six months, I think Aida Electronics' leading position in the disc machine industry will not be overturned in the short term; over the past month, Aida Electronics has joined hands with seven other disc machine manufacturers to join the super VCD disc machine, allowing super VCD to occupy the market in the shortest time. This is very critical. Previously, analysts were worried that once electronic manufacturers such as Hitachi and Sony vigorously promote DVD disc machines, VCD disc machines will be vulnerable, but super VCDs have made up for a lot of technical aspects.

The shortcomings, especially the absolute advantage in film sources and the advantage of production costs, make super VCD more optimistic in emerging markets. Even if it is optimistic without performance proof, it is unreliable, because even if the additional issuance and merger plan is passed the review of the shareholders' meeting, it will eventually be sold publicly in the Hong Kong stock market. It is unrealistic to have only one beautiful vision at that time. It seems that we also need to make some achievements in the Southeast Asian market to increase the confidence of Hong Kong investors."

"Ah," Sun Shangyi turned his head, "You suggested that you temporarily slow down the market movements in Southeast Asia..."
Chapter completed!