Chapter 97 Seeking Skin with the Tiger
Chapter 97: Fighting with a tiger
In 1991, Indonesian businessman Huang Xingfei acquired a loss-making Japanese listed company "Ruby", in Hong Kong, and renamed it "Hong Kong China Strategic Investment Company" in December of that year, abbreviated as "Zhongce". He is the second-generation head of Indonesia's Golden Light Group, and his family is the second richest family in Indonesia. The shareholders of Zhongce Company include Li Ka-shing's Hutchison Group, American investment bank Morgan Stanley, Japan's Itochu Trading Company and other heavyweight consortiums.
Since 1992, "Zhongce" has acquired 41 companies in Quanzhou, mainland China and 101 companies in Dalian. It has established more than 200 joint ventures in mainland China in just over a year, with a total investment of more than 10 billion yuan. Its business includes tire manufacturing, beer, papermaking, medicine, machinery, electronics, food, communications, infrastructure, chemicals and general consumer goods industries.
Unlike Yang Xing who tried to choose loss-making enterprises as carefully as possible, most of the companies he chose were strong and profitable in the industry. At that time, it became a "main-strategy phenomenon" and was regarded as a banner for state-owned enterprise reform. If it weren't for the packaging of these companies and listing them abroad and transferring them at a price of ten or even thirty times, everyone suddenly realized that they could make money like this. Then they followed the crowd, which caused huge controversy over the loss of state-owned assets in society. They were urgently called to stop by the State Council, and he would probably be regarded as a storm in the reform and was remembered by people.
The concept at that time was different from now. State-owned enterprises were an important support and symbol of the public economy. According to the theory at that time, if state-owned enterprises were acquired by foreign investors, they would inevitably shake the economic foundation and affect the superstructure. Therefore, the central government stopped such acquisitions from a political perspective. In fact, according to Yang Xing’s memory of his previous life, this kind of capital operation was a common thing after more than ten years. If he had acquired slowly in the past 5 to 10 years, he would have been able to achieve his goal. It was just that in the environment at that time, it would take great courage and determination to break through the old ideas!
Huang Xingfei accidentally became the pioneer and victim of reform. At this time, the investigation team sent by the central government was investigating whether his acquisition was violated and whether he had bribed local officials. He probably had already begun to retreat. In his previous life, he transferred all Zhongce shares in 2000, without any affection for the company he had founded himself, which was probably heartbroken! This is the psychological advantage of Yang Xingdao boldly talking to him about his skin.
Those financial critics on Hong Kong who cannot know the political internal situation do not understand the changes in domestic policies, nor do they understand the policy difficulties encountered by Huang Xingfei. They just analyze the superficial financial reports of Zhongce Group. How can they grasp the essence of the problem? Yang Xing had only one reaction to their opinions - they completely ignored them. However, his calmness could not infect the people around them. They believed that Yang Xing could turn his hands around in China, which was protected by local government officials. Now, in a completely different business environment, it can be said that he was directly rushing to the old nest of capitalism to seek skin from the tiger. Even William Deng and Xu Weili did not understand why he insisted on seeing Huang Xingfei. Yang Xing did not say it clearly, making these old business foxes believe that it is always difficult for a young man in his early twenties, so use a sense of mystery to confuse their attention.
After arriving in Singapore, Yang Xing devoted his interest to the scenery outside the car. Although he had never been here, he still had some understanding of this small city in the South China Sea through developed online books and other media in his previous life. However, only by watching the spotless streets here and the people of all ethnic groups who live in harmony can he know that it can be among the four Asian dragons in just a few decades, and its success does not come from luck.
Qingqi and Xu Weili were both frowning, believing that the negotiations would not go too smoothly, only Yang Xing himself was full of confidence. Huang Xingfei received them in an office building outside Singapore that was originally a steel factory. When William Deng saw it, he shook his head and said, "Old Huang is probably not easy to talk about. This steel factory was his proud acquisition. He made his first pot of gold in Singapore through this place, and later moved the company headquarters to Singapore. Meeting here is to remind us that he started his business through acquisitions. It is not easy for us to get confused."
When everyone entered the conference room, they saw a typical Nanyang Chinese face, with an old man smiling on his face sitting opposite them. Yang Xing intuitively felt that he was Huang Xingfei. After sitting down, William Deng and Xu Weili were both acquaintances with Huang Xingfei. They chatted in Cantonese, but they actually left Yang Xing and the others aside. Qingqi came to Yang Xing's ear and translated their conversation for him. Obviously, Huang Xingfei regarded Yang Xing as the second generation ancestor and had a strong sense of perfunctory.
Yang Xing calmly wrote a sentence on the paper and handed it to Huang Xingfei. After Huang Xingfei looked at it, he said to everyone: "This kid brought me a message, I want to talk to him alone." After the two were alone, Huang Xingfei raised the note and pointed at the above sentence, "I have a way to deal with the Central Investigation Team" and said: "How did you know this news?"
Yang Xing smiled and said, "I can't disclose the source of the news, but there are indeed solutions. Mr. Huang stayed in the mainland for ten years in the 1960s and wanted to understand the political movements in the mainland. In fact, Mr. Huang returned to the mainland to invest and serve the country. However, the situation is not satisfactory now. The key is that there are disputes above. If these disputes can be reduced first, the investigation will not have much impact." Huang Xingfei asked intentionally: "What should I do?" Yang Xing lowered his voice: "That's it..." Yang Xing and the others stayed in Singapore for three days, and were very secretive about the results. However, Yang Xing flew directly from Singapore to Beijing, and the others turned back to Hong Kong to continue to prepare for listing.
Throughout September and October, Yang Xing was traveling in Beijing, Shanghai, Central Plains and coastal provinces. Later, when he thought about it, it seemed that he had been spending more time in the sky than on the ground. It is gratifying that the exhaustion of more than half a year has trained his new secret team well. Guo Ying and the others quickly entered the work state. For the first time, they found that in addition to confusing men with their physical capital, it was more effective to use their minds to convince men.
After training in Hong Kong, Fang Dongmei became a full-time agent of Starlight Entertainment and flew to Japan to be responsible for the "nanny" of the Girl Star Times. The Girl Star Times, who had been training in Japan for three months, won the first place without any suspense in the final of the "Singing If You Want to Sing" in October and entered the competition for the top 15 in the country. Star Beauty Fashion has decided that they will endorse multiple cosmetic brands under its jurisdiction. For a time, the streets and alleys and silver screens were full of large-scale advertising photos of these nine beautiful girls alone or collectively. They quickly became the hottest noun this summer, and their popularity can be compared with Olympic stars.
The song "I Am a Girl" written by Yang Xing for them and "Girls Generation" swept the major domestic music rankings, among which "Girls Generation" also topped the Japanese and Korean pop music list. Girls Generation has become a hot pop music group in Asia. With the "Pleasant Goat" series of animations and large variety show "Sing as long as you want" which is popular on major TV stations across the country, Starlight Entertainment, which has been established for less than a year, quickly became a new celebrity in the mainland entertainment industry. Therefore, when it was reported that it was preparing to acquire ATV for 600 million Hong Kong dollars, there was no shock in the market. Instead, it was somewhat expectant of this, and wanted to see if Yang Xing, a "madman", can succeed.
Xingguang Entertainment is shining, but Yang Xing's national trip is very low-key. On October 21, at the famous Repulse Bay Hotel in Hong Kong, headed by Xingfu Investment Company, a large consortium composed of more than 20 large enterprises in China was preparing to acquire 51% of the shares of Zhongce Group represented by Huang Xingfei. As soon as the news came out, financial reporters with a keen sense of smell gathered here.
The smart people found that although the soul figure Yang Xing himself was not present, among the more than 20 companies, either the agency companies of the second generation of officials in Beijing and Shanghai, or the large state-owned enterprises with connections. They finally realized that Yang Xing really took down the "tiger skin".
This is the suggestion Yang Xing gave to Huang Xingfei. Since the privatization of state-owned enterprises is discussed, then we should use a "state-owned enterprise" skin to reverse the operation. These second-generation officials and rich second-generations do not have to pay a penny. They just borrow the money of state-owned enterprises to take over large and small companies under Zhongce with the money of Xingfu Investment Company, and then transfer the company's equity to various enterprises under Yang Xing in the name of joint ventures, and exchange it for the original shares of Yang Xing's enterprises to be listed. The operating rights and workers' shares of these Zhongce enterprises have not changed, but they just block the mouths of those who are clamoring for ownership problems through the name of acquisitions of these state-owned enterprises.
These young men obviously don’t have much interest in running a company. What they are interested in is making quick money. By replacing the deal in this way, they actually use their background and influence to withstand the in-depth investigation of the investigation team. The return they requested is that when Yang Xing promised that the original shares distributed to them would rise sharply, and after transferring them to Yang Xing, they would make a big profit. Their confidence is overwhelming that the domestic and Hong Kong stock markets will rise sharply. After all, compared to Yang Xing’s ability to operate an industry, they are more willing to believe in Yang Xing’s ability to turn stones into gold in the stock market.
On October 23, Zhongxing International issued an announcement in Hong Kong that it will establish five major industrial parks in Beijing, Shanghai, Shenzhen, Jiudu and Shancheng in the mainland in the next ten years. Its companies such as Xingmei Fashion, Xingchen Manufacturing, Xingyun Electronics, and Xingwei Resources will settle in. Many of the companies under Zhongce Group acquired by Xingfu Investment Group will be moved into the industrial park after in-depth adaptation. Through this plan, the business of several industrial companies under Yang Xing who were ridiculed as empty-handed was immediately filled, which is a big step closer to the goal of listed companies.
Chapter completed!