The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 255 Abandoning the Acquisition and Attacking the Shirt Merchant Department Store
Cui Zhengzai was completely panicked when he heard that Zhongyu Express, a core subsidiary of his group, had been acquired by T-shirt department store, and that the other party had also received help from Miracle Group!In order to take down the Shirt Merchant Department Store, he put in all his effort, not only forcing Song Jae-hwan to death in a disguised form, but also agreeing to his son's marriage to Song Cailin.

Unexpectedly, in just a few months, the situation would become like this.The shirt merchant department store, which was originally the prey, suddenly turned into the hunter, and their subsidiaries under the Zhongyu Group became the prey!
Finally, after much consideration, he decided to give up the acquisition of the T-shirt store. It was more important to recycle the funds and keep Zhongyu Express!He called his son Cui Chengyou and told him clearly that he wanted him to stop acquiring the T-shirt merchant department store, but the persistent Cui Chengyou didn't seem to buy it!
"We are about to get 50% of the shares of Shanshang Department Store! We are only one step away from success!" Cui Chengyou said unwillingly. At the previous extraordinary shareholders meeting, they were tricked by Shirtshang Department Store, which led to the failure of the acquisition.This time, they not only teamed up with Liang Meihua, the vice president of Shanshang Department Store, but also spent a lot of money to collect 48.2% of the shares of Shanshang Department Store, and they were almost able to completely win the management right!

Seeing his stubborn son, Cui Zhengzai became a little angry, and then slapped Cui Chengyou hard in the face! "Asshole! If Zhongyu Express is gone, what's the point of acquiring the T-shirt merchant department store?!" Cui Zhengzai said angrily, looking at his son who was obviously obsessed.

In addition to the real estate industry, Zhongyu Group's biggest industrial pillars are mechanical processing and cargo transportation.Affected by the financial turmoil, the situation of their Zhongyu Group is not too optimistic, but the scale is not as large as the top ten chaebols, and the debts are not as alarming, so relying on the previous reserves, it is not bad.

But if Zhongyu Express, which has good profitability, is lost, the impact on Zhongyu Group will be too great. It can't be said to be a heavy blow.

In the end, under Cui Zhengzai's intimidation, Cui Chengyou had no choice but to agree to terminate the plan to acquire the shirt merchant's department store, and cash out these shares as soon as possible to withdraw the funds.

……

It's just that there are so many stocks, it is not a small problem to cash out in a short period of time. After all, the entire domestic economy is depressed, and there are only a handful of companies that can raise a lot of funds.If they are sold directly to the stock market, it is likely to cause the stock price of Shangshang Department Store to plummet, and the prices of the shares they hold will also fall a lot!
Cui Chengyou considered for a while, and finally made a decision.He planned to find Song Cailin again, and sell all the shares in the shirt merchant department store that Zhongyu Group had acquired to Song Cailin.

……

------Dividing line-----

Shirt merchant department store, inside the president's office.

Song Cailin, Wu Luomin, Su Canping, Section Chief Jin and others were sitting on the sofa discussing the acquisition of Zhongyu Express.

"Lawyer Wu, we have now acquired 12% of the shares of Zhongyu Express. Based on the shares in circulation on the market, we can acquire a total of about 24% of the shares!" Song Cailin said happily.

Since the last extraordinary general meeting of shareholders foiled Zhongyu Group's plan to acquire the T-shirt merchant department store, her trust in Wu Luomin has directly increased several levels. She is even more convinced of the second plan proposed by Wu Luomin, and soon With the help of Su Canping, he quickly obtained more aid funds from Miracle Group and started the acquisition war for Zhongyu Express!

"Although the current situation is against us, President Song shouldn't be too happy!" Wu Luomin said calmly, "The strength of Zhongyu Group is still good. Although our strategy of 'encircling Wei and saving Zhao' will force the local government to give up the acquisition of clothing merchants and department stores, but It is still quite difficult to completely acquire Zhongyu Express!"

"As the core subsidiary of Zhongyu Group, they won't give in easily! If my guess is correct, they should choose to sell the shares in the shirt merchant department store in their hands, and gather funds to deal with the acquisition war of Zhongyu Express!"

……

Wu Luomin's words made Song Cailin and Su Canping fall into deep thought. If it was true that the other party would take such countermeasures as Wu Luomin said, then they would have the opportunity to take back part of the shares of the T-shirt Merchant Department Store, but would it be as bad as they imagined? It's so beautiful, it's hard to say.

"Lawyer Wu, with you here, we can definitely win Zhongyu Express!" The section chief Jin on the side said flatteringly. Originally, he was not interested in the young lawyer Song Cailin hired at a high price.However, seeing that the other party successfully defeated the Zhongyu Group's plan to acquire the shirt merchant department store just by proposing a strategy, he was completely convinced.

"Lawyer Wu, do you think Zhongyu Group will sell us the shares of shirt merchants and department stores in their hands?" Song Cailin's eyes flashed a trace of anxiety. A large number of department store shares fell into the hands of others. It is an unstable hidden danger.

Wu Luomin was stunned for a moment, and then said with a smile, "It's very possible! They are eager to sell a large number of shares in the shirt merchant department store, and there must be very few people who are willing to take over the offer. When they are desperate, they will probably find you, President Song!"

"If this is really the case, that would be great!" Section Chief Jin said excitedly. As an old employee of Shangshang Department Store, he has witnessed with his own eyes the glory and decline of Shangshang Department Store.

In order to maintain the company's operations and expansion, former president Song Zhaihuan cashed out and mortgaged a large number of the company's shares to banks. This was one of the reasons why the T-shirt merchant department store exploded.

Now if Song Cailin can take back more than half of the department store's shares, the stock price of Shangshang Department Store will be much more stable in the future, and another battle for management rights can be avoided!

Hearing what Wu Luomin said, Song Cailin subconsciously thought of Cui Chengyou, her ex-boyfriend, who she almost married, but now not only has she become a competitor, but she will probably meet again in the future, which makes her feel a little uncomfortable.

……

Chaebols and companies that have received assistance from the Blue House have more than half of their company shares in the hands of foreign institutions, gradually becoming puppets under the control of foreign capital.

As Daying Group and Shunyang Group cooperated with Miracle Group in advance, Miracle Group purchased a large number of shares of the two groups, which made the shares of these two companies a tripartite trend. This made the two groups Zhu Yirong and Chen Yangji The face of the man at the helm was saved.

In order to get out of the quagmire of the financial crisis as soon as possible, Cheong Wa Dae subsequently introduced a number of support policies to encourage production and export and earn foreign exchange.A large number of unemployed people have been recalled by companies again, and factories that had originally reduced or suspended production have resumed work at full capacity.

In order for Daying Group to promote the products produced by its own company to overseas markets, Zhu Mengxian, who had had many contacts with Miracle Group, was appointed by Zhu Yirong as a representative to come to Shunyang Group to discuss overseas cooperation business.

(End of this chapter)