In fact, other directors, including Enron and Xue Gang, are not very enthusiastic about the backdoor listing of Times Communications.To put it bluntly, the company has good benefits and abundant cash flow, and is not interested in going public.But Xiao Bai's eyes have seen that in a few years, the pager will decline rapidly, and the pager will soon be replaced by a mobile phone.If you don't go public at the peak of the company, do you have to wait until the company declines to find a way?
This involves a series of plans for him, so he has to push it strongly."
Let me make a statement first, I support all of Dong Xiao's decisions."
No matter what Xue Gang thinks in his heart, as a minority shareholder, he is on the same front as Xiao Bai."
I agree."
Enron will not jump out to be a villain, the equity of the two people together has accounted for 70% of the company's total share capital, and it is useless to say anything."
Well, I decided to use the company's 200 million yuan to acquire Yanzhong Industrial in the secondary market.This plan must be kept secret, and I hope you will understand. ”Xiao Bai made a final decision and decided to take Times Communications as the main body and acquire Yanzhong Industrial.Time slipped away quietly in waiting.On the one hand, Xiao Bai pays attention to the news of the Shanghai market, and on the other hand, he deals with daily official business.AUO Integrated Circuit Co., Ltd., after receiving a foreign exchange quota of 30 million US dollars, has sprinkled orders around the world like snowflakes.Some equipment needs to be imported from North America, some equipment can be imported from RB, and some equipment is imported from Europe.In addition, Xu Changqing also placed a lot of orders for materials for manufacturing integrated circuits.After buying it, it will not always be dusted in the warehouse, and the two production lines contracted by the company can also be used.At the same time, video decoding ICs and digital-to-analog conversion units based on VCD standards have been successfully developed and small-scale trial production has been carried out.Sihai Electronics Shencheng Company, the development of VCD players has also reached the last moment.The prototype can be taken out at any time, and now it is just continuing to be optimized.Several other engineering construction projects are also moving forward smoothly.In this process, Xiao Bai finally waited for the announcement of the Modu Exchange, and from now on, institutional investors will be allowed to enter the market.Account opening and fund transfer are all completed in a very short period of time.On the first day of the new policy, Times Communications began to quietly buy shares of Yanzhong Industrial.At this time, after the spin-off and distribution of Yanzhong Industrial, the stock price basically remained at 8 yuan to 95 yuan after the ex-rights.Liu Yixiong and Huang Decai personally went into battle to operate, adopting the tactics of small amounts and multiple orders, and bought 14.99 million shares of Yanzhong Industrial within a week.The average transaction price of this operation is 885 yuan including tax, and a total of 1326615 million yuan of funds are used."
Xiao Dong, the shares held by Times Communications have accounted for 49,967 of the total share capital of Yanzhong Industrial.If you buy again, you will have to make an announcement. ”According to the new regulations on the management of stock issuance and trading, when an institutional investor holds 5% of the total share capital of a listed company, it must submit a written report to the regulatory authorities and the exchange within two trading days.At the same time, the listed company must also be notified and an announcement must be made.This is called "raising a card".After that, every 2 shares of the total share capital purchased must be followed through this process.In short, it is very troublesome.Xiao Bai groaned and did not immediately respond to Liu Yixiong's words.Magic City.The conference room of the magic capital branch of Shenbao Co., Ltd.Wang Xuming, the general manager, is assigning the task: "Within three days, all the preparations, including funds, must be done, and then we will start to implement the plan to acquire Yanzhong Industrial." ”Shencheng Shenbao Co., Ltd. is a large-scale enterprise listed in Shencheng, and Modu Branch is its wholly-owned company.With the introduction of the new policy this time, Shenbao Company also took a fancy to the shell resources of Yanzhong Industrial and planned to acquire it through the secondary market.But Wang Xuming never expected that he was fast, and there were people who were faster than him!
At present, there has been no real case of takeover in China.Wang Xuming originally planned to be the first person to "eat crabs", but unfortunately met Xiao Bai, who was open.As soon as he finished assigning the task, a shocking news came from the Shanghai market the next day: Shencheng Times Communication Company held up Yanzhong Industrial.That day, Xiao Bai thought twice and decided to go out of line."
Lao Huang, at the price of 948 yuan, I threw out the 1,498,500 shares of Yanzhong Industry in my hand.At the same time, Times Communications is at the price of 965 yuan.3,000,000 shares are placed as a pending buy order.Minister Liu, the two of you must cooperate well in time and strive to achieve synchronization.Go now, I'm waiting for your good news!
”Xiao Bai asked Huang Decai and Liu Yixiong to use the "opposite" method to sell the shares in their own names, and then buy them back in the name of Times Communications.Of course, in the process, there is a chance that some stocks may be lost.When selling, depending on the situation of the purchase order at that time, it will be more or less bought by other investors.Huang Decai and Liu Yixiong took the order and left."
Lao Huang, the current buying price is 923 yuan, and the selling price is 924 yuan.Have you filled out the sell order over there?
Okay, just listen to my command, one, two, three, you go before me, launch. ”The launch was a joke, of course, and the two hit enter almost simultaneously.Huang Decai is about three seconds faster than Liu Yixiong, Huang Decai operates selling, and Liu Yixiong operates buying.Then, other employees in the investment and financing department began to check the transaction records non-stop, and the results were available in less than five minutes."
The 1,498,500 shares sold in the personal accounts of Minister Liu, Minister Huang, and Chairman Xiao have all been traded.The average transaction price was 948 yuan.The buy order of the account of Times Communications Company, 3 million shares were also all sold, and the average transaction price was 951 yuan including tax. ”Huang Decai's subordinates reported on the entire transaction.Previously, Liu Yixiong's buy order was high, and the transaction price at that time was 924 yuan, but he raised the purchase price to 965 yuan.From 924 yuan, the stock price was traded all the way up, and finally the stock price was pulled to 965 yuan, an instant rise of 444.However, the largest sale order is 948 yuan for Huang Decai.After this transaction, Xiao Bai's personal account returned 14.18 million yuan after deducting taxes and fees.Times Communications Company paid 28.53 million yuan."
Hurry up and calculate how much our shareholding ratio is."
After Huang Decai was excited, he was also very worried.I don't know how big the price of this illegal operation is, and I don't know if Xiao Bai can settle it.Soon, the results came in.Times Communication Company invested 4179615 million yuan to buy 449.9 million shares of Yanzhong Industrial, accounting for 14,997 shares.Far beyond the limit line of 5."
Minister Huang, let's hurry up and report to Dong Xiao."
Liu Yixiong shook his head, and then made a call to Xiao Bai.Thirty minutes later, Xiao Bai personally rushed over and took a look at the thick stack of delivery orders.Then he said: "Lao Huang, you can write a written report."
After it is written, it will be sent to the regulatory authorities, the stock exchange, and Yanzhong Industrial Co., Ltd. ”The next day.That is, the day after Wang Xuming completed the task at the meeting, Yanzhong Industrial suspended trading and issued an announcement saying: Shencheng Times Communication Company officially raised the company's name.Hearing the news, Wang Xuming's heart seemed to have 10,000 grass and mud horses frantically stepped on!
He worked so hard to lay out for so long, and on the eve of the implementation of the plan, he was preempted!"
Mr.
Wang, what should we do now?"
The specific implementer of the plan was unwilling and waited for Wang Xuming to make an idea."
If they can do the first year of junior high school, we can do the fifteenth!
When Yanzhong Industry resumes, we will enter in a big way, and buy as much as we can!
”Wang Xuming gritted his teeth, he had a fund of 100 million in his hand, and he really didn't believe that he couldn't beat his opponent.After a day of suspension, Yanzhong Industrial began to resume trading.There is a small episode in this, the current management of Yanzhong Industrial was interviewed by the Securities News, expressing strong indignation and condemnation of the illegal operation and hostile takeover of Shencheng Times Communications Company."
Dong Xiao, shall we continue?"
Huang Decai and Liu Yixiong don't know what to do next, now there are various voices in the market, and the public opinion pressure faced by Times Communications is not small."
Still going on?
I can't move today, and I won't have any good fruit to eat in such a reckless world. ”Xiao Bai smiled and shook his head, according to the rules, today and the next trading day, you can't buy Yanzhong Industrial's shares.It is necessary to wait until the third trading day to buy Yanzhong Industrial, which does not exceed the total share capital of 2.You can make excuses for the first violation, for example, the stocks in Xiao Bai's personal hands are a historical problem.But if you violate the law again, I'm afraid you will be punished.Therefore, a few people can only watch from the sidelines, quietly watching today's transaction.As soon as Yanzhong Industrial opened today, it directly gapped, with an opening price of 1,586 yuan, a direct increase of 652 yuan from the closing price of 960 yuan on the previous trading day.On May 21, 1992, the Shanghai Stock Exchange lifted the price limit limit, and Xiao Bai remembered that it would not be until the end of 1996 that the price limit system would be re-implemented.Therefore, the stock market has always been up and down in recent years, and it is even more obvious when it is reflected in individual stocks.Thirty minutes later, Yanzhong Industrial's share price had broken through 18 yuan.Then run at a high level throughout the day.As of the close, the stock price rose as high as 88, and the closing price was 1805 yuan.On this day, Wang Xuming was choked enough.It was a good hand, but the opponent turned it into a card.He only traded 700,000 shares today, with an average transaction price of 1,765 yuan, and a total of 123.55 million yuan was consumed.Following.Yanzhong Industrial still gapped, this time it was even more excessive, and the opening price reached 2924 yuan, an increase of 62.At the end of the day, Yanzhong Industrial closed at 3,354 yuan, up 8,582 from the previous trading day.Wang Xuming traded 1.2 million shares today, with an average transaction price of 3,123 yuan, and a total of 374,760 yuan was consumed.Shenbao Company currently holds 1.9 million shares of Yanzhong Industrial, accounting for 633 shares.Because the management of Yanzhong Industrial issued a condemnation statement every day, Wang Xuming did not dare to go too far, so he could only write a written report and submit it to the regulatory authorities and the exchange.