Rebirth of the Capital Legend
Chapter 242 A hot figure in the Magic City!
Chapter 242 A hot figure in the Magic City!
After nearly a month of continuous operations, he has used his trading account to buy more than 5 million yuan of stock chips of "Jingcheng Holdings" in the Hong Kong stock market. At the same time, in the name of the company, he has also taken over a number of institutional chips that wanted to withdraw after "Jingcheng Holdings" failed to break through the A-share barrier through discount agreements.
Today, he and his company together hold shares in Jingcheng Holdings.
It has reached nearly 10%.
During this period, he continued to increase his holdings of Jingcheng Holdings shares through various means.
Qin Renzhao, the current head of the Qin family, has come to ask for cooperation several times, hoping that Su Yi can stand on his side and help him consolidate control of the group.
But Su Yi had already promised Lei Kaishan.
During this period of time, I kept finding excuses to avoid him.
"Brother, is the Su still avoiding us?"
Before the annual shareholders' meeting of 'Jingcheng Holdings' was about to be held, and when Su Yi completed the acquisition of many shares of 'Jingcheng Holdings' Group, in the Qin family villa, Qin Feng saw his eldest brother Qin Renzhao with a frown on his face, and asked anxiously.
Qin Renzhao shook his head helplessly and said, "I have invited him several times, but he declined for various reasons. It seems that there is no hope for cooperation with this Mr. Su. Alas... it is also our fault for being slow to react. We did not expect that Mr. Lei had set an ambush on Mr. Su."
After Qin Song’s scandal broke out.
For quite a long time, Qin Renzhao focused his energy on the internal affairs of the group, helping his father to clean up the scandal and finding various evidences to win the lawsuit. He did not expect the sudden changes in the secondary market, nor did he expect that a number of institutions that had vowed to firmly support the Qin family would sell their holdings.
By the time he reacted...
Using all efforts to raise funds, it plans to increase its holdings and repurchase shares from a number of institutions that originally participated in the private placement plan.
It's completely too late.
The stock price in the secondary market has long since gotten out of the deep pit created by Qin Song's scandal, thanks to Su Yi's continuous buying and speculation. Moreover, the other party is still buying continuously and pushing up the stock price. They are competing with him in bidding on the market. Not only will they not be able to buy many chips, but the stock price will be further pushed up, and then the asking price of institutions that still hold shares of Jingcheng Holdings Group in the primary market will be pushed up.
"What should we do now?" Qin Feng asked anxiously, "In a few days, the shareholders' meeting will be held. If nothing unexpected happens... Lei will definitely show his true colors. At the shareholders' meeting, all the small and medium shareholders of the United Group will demand the re-election of the chairman and the reorganization of the group's board of directors."
"We can only take it one step at a time." Qin Renzhao said with a headache, "There are still many shareholders in the group who support us. It won't be easy for Lei to win. The most important thing now... is to exempt my father from criminal responsibility. As long as he is not prosecuted, everything will be easy. If my father is fine... I believe those people in the group can't turn the tables."
"Is this... possible?" Qin Feng asked.
Qin Renzhao said, "I've tried. The mother and daughter were obviously taken care of by Lei, and Lei must have said hello to the mother and daughter. He wanted to pay money to settle the matter privately, but this path seems to be blocked at the moment. Now we can only rely on Lawyer Hao. Based on the evidence we have collected so far, it is obvious that this is most likely a conspiracy, a conspiracy designed specifically for my father. As long as we can prove this, prove that all of this was designed, then there is hope."
"Ah..." Qin Feng sighed, "I never thought things would turn out like this."
Qin Renzhao said, "We were careless. When my father got into trouble, I should have thought of all the subsequent plans. This Mr. Su is really not simple... In just a few months, he has become a hot figure in the Magic City."
"Brother, do you know how many shares of our group Mr. Su holds now?" Qin Feng asked.
Qin Renzhao thought for a moment and said, "We don't know exactly how much this guy has bought in the secondary market, but according to the disclosure requirements of the Hong Kong Stock Exchange, his shareholding in the secondary market must be more than 5%. In addition, he used the name of Huayi Capital to take over some of the chips in the hands of Huaxin Securities. This guy... is now one of the top five core shareholders of our group."
"So exaggerated?" Qin Feng was shocked.
"Yes!" Qin Renzhao said, "The shareholding of Mr. Su should be the most important trump card in Mr. Lei's hand. Unfortunately, this card...is difficult for us to obtain. If we can obtain it, Mr. Lei will definitely have no chance in the next shareholders' meeting."
"Is there really no chance of fighting for it at all?" Qin Feng said.
Qin Renzhao responded: "In normal business and cooperation discussions, there should be a process of asking for a high price and paying back the money. However, this Mr. Su doesn't even want to meet us, which means that he has no intention of cooperating with us from the bottom of his heart. It's very difficult to win over this person!"
"I don't know what price Mr. Lei offered to Mr. Su," said Qin Feng.
"As far as I know, there is a single-family villa in the city center." Qin Renzhao said, "Other conditions are unknown."
"Can we still fight for the other small and medium shareholders of the group?" Qin Feng continued to ask.
Qin Renzhao said: "My father's accident has greatly damaged the reputation of the group, and directly led to the failure of the group's listing on the A-share market, causing substantial losses to many shareholders. It has also affected the group's image, many projects to be developed, and project sales. In this case, it is not easy for us to win over the group's small and medium shareholders, but for now... this is the only way to go.
No matter what, I won't give up.
It won’t be easy for Mr. Lei to gain control of the group.”
Having said that, Qin Renzhao gritted his teeth, answered a phone call, and went back to work on the group's affairs.
Qin Feng looked at his elder brother's busy figure and worried eyes. He stood there in a daze for a long time. He wanted to help but felt he didn't know where to start.
His mind couldn't help but flash back to the past two or three months.
Su Yi thought of the scene when they were passing the message through Zhao Xinqiang.
At that time, he didn't think the other person was a big shot, and he didn't even take his words to heart.
However, they never expected that after just two or three months, the other party had transformed into a rising capital star in the Magic City and became the most important driving force for their Qin family to lose control of the group.
He thought about it carefully for a while.
He thought of various ways to persuade Su Yi to stand on his elder brother's side.
But after careful consideration, it seems that no matter which method is used, it will not work.
But no matter whether it works or not, he decided to give it a try.
So, he asked Zhao Xinqiang to help him make an appointment with Su Yi. He had thought of the reason, which was that he wanted to solemnly apologize in person for disturbing and offending the other party due to speeding before, and then find out the other party's attitude and see what kind of conditions can impress the other party.
"Su...Su Yi, are you busy?"
After receiving Qin Feng's commission, Zhao Xinqiang called Su Yi out of courtesy.
"What's the matter?" Su Yi asked with a smile.
"Well, a friend asked me to bring you a message." Zhao Xinqiang said, "You asked me about Qin Feng from the 'Magic City Car Club' before. Do you still remember him?"
Su Yi thought for a moment and replied, "The second young master of the Qin family of 'Jingcheng Holdings'?"
"Yes, that's him." Zhao Xinqiang said, "He wants to treat you to a meal and apologize in person for what happened before."
"Apologize?" Su Yi was slightly stunned, thinking that this matter had happened a long time ago. However, he recently heard that this person had defended Chu Wan once at the institution where Chu Wan trained. He felt that since the other party apologized sincerely, he could still give him this face. So he hesitated for a moment and replied, "Okay, ask him to arrange a time and place."
"Okay." Zhao Xinqiang responded quickly, paused, and changed the subject, saying, "Su Yi, you... your company is still short of traders? Can you see me... come to your company?"
In the past six months, Su Yi has had an extremely legendary experience of wealth appreciation.
At this moment, he no longer had any courage.
Even the slight jealousy he felt towards Su Yi from the bottom of his heart gradually turned into admiration and pride.
Now if he goes out and brags that Su Yi is his classmate, many people will look up to him.
"We are quite short of people." Su Yi said, "But our company's recruitment conditions are very strict. If you want to come... you can prepare a resume and send it to our company's human resources department for a try. If you can pass the first round of screening, you can come for internship. However, during the internship period, there will be a real-life assessment, so you have to be mentally prepared."
"No problem." Zhao Xinqiang laughed, "I just want to learn a few tricks from you."
After that, the two chatted for a few more minutes before hanging up the phone.
Afterwards, Zhao Xinqiang hurriedly replied to Qin Feng.
Qin Feng heaved a sigh of relief when he heard that Su Yi agreed to meet him. He hurriedly told his eldest brother the news and planned to take his eldest brother to meet Mr. Su.
Qin Renzhao was somewhat surprised when he heard that Qin Feng actually asked Su Yi out.
Of course, there was also some excitement at the same time.
Because as long as an appointment can be made, it means there is definitely an opportunity for negotiation.
Thinking about it, Qin Renzhao picked a restaurant with the best environment in Magic City, then set a time, and asked Qin Feng to send the time and place to Su Yi through Zhao Xinqiang.
When Su Yi saw the time and place sent by the other party, he smiled and understood the other party's true motives.
But... since you have promised the other party, you still have to keep the appointment no matter what the other party's motives are.
So, Su Yi went to the restaurant's private room at the time and place given by the other party.
"Mr. Su, I've long heard of your name." Seeing Su Yi coming, Qin Renzhao hurriedly stood up and greeted him.
Su Yi shook hands with Qin Renzhao, sat down with a smile, and said, "I've also heard of President Qin's name. The company has been busy with various affairs recently. President Qin has invited me many times, but I haven't been able to spare the time. I feel really bad about it."
"I understand, I understand." Qin Renzhao said with a smile, "Boss Su's 'Hua Yi Capital' has just opened for business, and it is completely understandable that he has a lot of work to do. As for me... Actually, it is thanks to my brother that I have the honor of meeting Boss Su today. To be honest... Boss Su has become a celebrity in our Magic City recently, and it is not easy to meet you."
"That's not right." Su Yi said with a smile, "I'm just a small figure."
"If Mr. Su is considered a nobody, then there are no big names in our Magic City." Qin Renzhao said, "My brother was blind and didn't recognize a great man before, and he offended Mr. Su a lot. I hope Mr. Su will forgive me!"
When Qin Renzhao said this...
Qin Feng quickly took over the conversation and said, "During the National Day last year, I did offend President Su and Sister Chu Wan. I have been reflecting on myself since then. I hope President Su can forgive me."
Su Yi glanced at Qin Feng calmly and said, "It was rare that you defended Chu Wan at the Yinyun Center last time. I actually forgot about what happened on National Day last year. It's not easy for Mr. Qin to remember it and apologize. How can I not forgive him?"
"It is said that a prime minister has a broad mind. President Su's broad mind is really admirable." Qin Renzhao said with a smile.
"It's not a big deal." Su Yi said, "I just hope that Mr. Qin can spend more energy on the right path in the future. As far as I know, today's society is no longer suitable for the way you think you play. Street racing doesn't look that cool in most cases."
"Thinking about it now...I was indeed quite stupid at that time." Qin Feng smiled and did not refute.
In the past month, since his father's accident, he felt that he had matured a lot and his way of looking at things was completely different from before.
"It's not easy for Mr. Qin to think this way." Su Yi praised.
Apart from disliking Qin Song, he did not have any obviously bad impressions of other members of the Qin family.
"Boss Su, in fact, in addition to my brother's matter today..." Qin Renzhao saw that Su Yi was a straightforward and direct person. After thinking about it, he couldn't help but said directly, "I also want to talk to Boss Su about our cooperation."
Su Yi stared into Qin Renzhao's eyes and said, "What kind of cooperation does Mr. Qin want to discuss?"
"I know that Mr. Su has recently acquired a lot of shares in our Jingcheng Holdings." Qin Renzhao said, "How about this... We can use a 20% premium on the current share price to fully acquire all of your shares."
"The current share price is 20% higher than the current price." Su Yi smiled and said, "Boss Qin, do you have so much cash in hand?"
As far as he knew, the Qin family had run out of cash long ago, otherwise they would not have allowed him to buy up chips in the market without anyone following suit and bidding for chips.
Qin Renzhao coughed lightly and said, "Don't worry about that, Mr. Su. As long as you are willing to sell, I will agree to the price you paid in full cash, which will definitely be achieved."
As long as Su Yi is willing to sell the stocks in his hands.
He would do whatever it takes to get these stock shares, even if he had to sell off other fixed assets in his family, other industrial companies, or take out high-interest loans.
"On this point... I do believe Mr. Qin." Su Yi thought about the current situation faced by the Qin family, nodded slightly, and said, "But... for now, I don't plan to sell my stock chips, because I think the future 'Jingcheng Holdings' Group may bring me a more lucrative return on investment."
"What about the 25% premium?" Qin Renzhao said, "Mr. Su can make a profit of at least or million yuan in a short period of time with these conditions!"
Su Yi smiled and said, "Boss Qin, do you think that I invested in your Jingcheng Holdings Group for the short-term profit of 100 million or 200 million?"
"Isn't it?" Qin Renzhao said in surprise.
He didn't expect Su Yi to have such a big appetite and didn't care about the expected profit of one or two hundred million.
"Of course not." Su Yi said with a smile, "What I value is your 'Jingcheng Holdings' first-mover advantage in the real estate industry in Shanghai, as well as its location advantage. Of course... I am also optimistic about the future development of Shanghai's real estate industry and the future development of Shanghai's housing prices."
"Thank you, Mr. Su, for being so optimistic about the future of our Jingcheng Holdings." Qin Renzhao didn't expect Su Yi to invest so much in his own group. He really had a long-term investment plan. He was surprised and paused, then said, "Since Mr. Su is unwilling to sell his chips under the current circumstances, how about we change the way of cooperation?"
"You say." Su Yi looked at him and responded.
Qin Renzhao said: "At present, there are some differences in management and operation ideas within our group. I believe that President Su has heard about this. I hope that President Su can sign a joint action agreement with us to help consolidate the group's current business strategy and development ideas.
Mr. Su just said that the reason why he invested in our group.
We are optimistic about our group’s future industry first-mover advantage and locational advantage in Shanghai.
I think Mr. Su has great vision.
In order to maintain sufficient competitive advantages in the future, stability within the group and stability in business strategy and development ideas should be indispensable, right?
An agreement among persons acting in concert will not prejudice any shareholding interests of Mr. Su.
Of course, as the basic condition for cooperation.
We should still show considerable sincerity.
As long as Mr. Su can sign this agreement with us, I can promise to give Mr. Su, or your agent, an independent director position in the future group board of directors, and at the same time, reserve the condition of buying back your shares at a 25% premium in the future. "
"To be honest, Mr. Qin, the conditions you offer are quite generous." Su Yi said, "But as businessmen, we can't just pursue profit."
"What does Mr. Su mean by this?" Qin Renzhao said in surprise.
Su Yi smiled and said helplessly: "You said this... too late."
Su Yi stood up with a slightly apologetic look and continued, "No merit, no reward. I appreciate the meal from President Qin. To be honest, the conditions you offer are very tempting, but you can't sell the same thing to two people. I just hope that in the future... we will have other opportunities for cooperation."
Then, after he finished speaking, Su Yi pushed open the door of the private room and walked out.
Qin Renzhao was left sitting in the chair in a daze with a grim look on his face, and Qin Feng didn't know what to say for a moment.
"It seems... we can only think of other ways." After a long silence, Qin Renzhao sighed helplessly, "Lei is really shady, damn... he planned it too early."
He didn't blame Su Yi for not cooperating with him.
Just as Su Yi said, in the business world, besides profit, integrity is the most important thing.
He understood that one cannot sell the same product in two different ways.
He only hated himself for not realizing the internal crisis of the group earlier, and for not guessing Lei Kaishan's intention earlier. He never thought that Lei Kaishan would resort to such despicable means to destroy the group's listing plan and harm the interests of all shareholders in order to fight for control of the group.
Of course, what really made him depressed was that his father had been shrewd and scheming all his life.
In the end, I would fail because of such a thing.
Along with Qin Renzhao's sigh, on the other side, Lei Kaishan was very happy after learning that Qin Renzhao and Su Yi had failed to reach an agreement. He hurriedly called Su Yi and showed his goodwill again.
Under his planning...
Lei Kaishan calculated that if nothing unexpected happened, with the number of votes he had currently gathered, he would be elected as the next chairman of the group and become the actual controller of "Jingcheng Holdings". No one could stop him. Regardless of the future development of the group or the shareholding ratio, Qin Renzhao would not be able to compete with him.
Of course, in order to secure the victory in the end, Qin Renzhao was not given any chance to turn the tables.
After getting the votes from Su Yi, he continued to contact and win over some other small and medium shareholders before the group's shareholders' meeting.
The other small and medium shareholders discovered that Lei Kaishan was already sure of victory.
Faced with his solicitation, they naturally agreed.
Just as undercurrents continued to surge within the Jingcheng Holdings Group, disputes intensified, the internal power structure was about to be reorganized, and the Qin family was about to lose control of the group.
Su Yi continued to buy in the future.
The position building plan for the 'Hua Yi Expedition No. 1' fund product has been preliminarily completed.
(End of this chapter)
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