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Chapter 1097: Rat Trading

Chapter 1097: Rat Trading

Although there is now Mr. Ran, the pioneer who is actively mediating the acquisition, it is still difficult for the Su Group to successfully acquire Longda Electronics, so Suning still needs to face this official hurdle in the end.

This time, Suning took the time to return to Shanghai for Abao, because Suning heard that the Qilin Club in Shanghai had begun to plot against Abao, and Abao was the "rat hole" he had secretly nurtured. Naturally, he didn't want Abao to fall into the trap of the Qilin Club so easily.

When the uncle arrived at Suning's new residence in a Mercedes-Benz W140, he was indeed amazed by the luxurious decoration style here. Suddenly, he felt that the Suning next to him was the son of the plane of this world.

Su Ning looked at the shocked uncle with a bit of amusement and asked, "Uncle, what do you think of the decoration style of my place?"

The uncle naturally looked at Su Ning with praise and said, "Well, very good! You really are a person who knows how to enjoy life."

Then Suning invited the uncle to sit at the table on the balcony, and personally poured him a cup of freshly brewed coffee. "Haha, uncle, sit here! Let's have a good chat today."

The uncle was naturally in no mood to drink coffee. Instead, he looked directly at Su Ning and asked, "Boss Su, has something happened to A-bao?"

"It's Uncle, you guessed it right! I heard that the Qilin Society recently extended an olive branch to Po?"

The uncle didn't feel anything was wrong. After all, he also believed that this opportunity was rare. "Yes! But we all think this is a rare opportunity. As long as we can successfully connect with the Qilin Club, Mr. Bao's assets will increase several times."

"Uncle, you are a veteran wizard who is famous in Shanghai. You should understand that there is no free lunch in the world."

Sure enough, the uncle immediately understood the hidden meaning in Su Ning's words, "Boss Su, are you saying this matter is not simple?"

"Recently, a group of people came to Shanghai to manipulate a stock called 414, and the Shanghai Qilin Club is their partner. I don't need to explain this to you in detail, right?"

At this moment, the uncle's face was filled with horror as he immediately understood the entire conspiracy. He suddenly realized that there was a terrifying trap before Bao. "The Qilin Society's VIP room never intended to open to Bao, but instead wanted to make Bao their scapegoat?"

"That's right! As long as Abao goes to meet the people from the Qilin Society, no matter how Abao responds to the Qilin Society, he will be skinned alive this time."

"How insidious! But why would the Qilin Society and 414 target Mr. Bao?"

"Abao is a rare billionaire, and he's very famous on Huanghe Road and Xikang Road. There's really no one more suitable to take the blame than Abao."

"Boss Su, don't worry! I will definitely dissuade Abao."

"This 414 stock situation is a rare opportunity. Although the 414 group and the Qilin Society are planning to drive the price from yuan to yuan, we can retreat while fighting when it reaches yuan. We must ensure that we sell everything at yuan."

"I understand. I will definitely not let Mr. Bao miss this opportunity."

After the two of them finished discussing their business, Suning suddenly made a promise to Abao and Uncle, "Uncle, I know Abao has always been very against me, but please tell him that I will never damage my own safety passage."

Sure enough, the uncle also understood the feud between Suning and Abao at this time. He felt that the relationship between Suning and Abao was too delicate. "Hey! Abao has always believed that you stole his first love, so for a long time he didn't dare to go to Huanghe Road. In fact, I know that he still respects you very much in his heart."

"You can't force relationships! Besides, Betty and Po broke up seven or eight years ago. It makes no sense for him to keep pursuing me like this."

"I understand! I will definitely try my best to persuade Mr. Bao."

"It doesn't matter! As long as Abao seizes this opportunity, his career will be smooth sailing in the future. Plus, with your support by his side, I have very high expectations for him."

"Mr. Su, thank you for your understanding."

Suning didn’t know whether this reminder to Abao and his uncle would be useful. You know, Abao in the original drama of "Fanhua" almost lost his life because of this, so his mentality now is to do his best and leave the rest to fate.

Of course, the uncle also understood Suning’s psychological activities at this time. It is impossible to say how much Suning values Abao, so he also understands the value of this reminder.

……

After Suning rushed back to Shanghai to warn Uncle and Abao, good news came from Shenzhen. The superior department of Longda Electronics finally decided to meet with him.

Suning knew that this meeting was crucial to the acquisition, so it had already done a lot of work in advance and was very confident that it could impress the supervisors with its sincerity.

Su Ning smiled broadly and shook hands with the supervisor. "Hello, Director Qi! I'm Su Ning, the president of Su Group."

The leader in charge of Longda Electronics was naturally all smiles. No matter how intense the open and covert struggles were, they didn't hinder each other's interests. "Hello, Mr. Su! I've always heard that Mr. Su is young and promising. Seeing him today, I can see that he is indeed the case."

"Director Qi, thank you for your kindness. I hope you can support this acquisition."

"Mr. Su, Longda Electronics is a state-owned listed company, not one of those "three-no" sectors listed on the stock exchange. It's unlikely your group will be able to acquire it."

At this point, Su Ning directly revealed his trump card, letting Director Qi know that he was determined to win. "Director Qi, our Su Group already holds over 30% of Longda Electronics' shares. This means we've already completed a substantial acquisition."

As expected, Director Qi and the others all widened their eyes in shock, suddenly suspecting that the Su Group was manipulating the stock price. "What? How could it be so fast? Aren't you manipulating the stock price?"

"Director Qi, we cannot be held responsible for stock price manipulation. Our Su Group sincerely wants to run Longda Electronics well, and we have even prepared a very detailed business plan for this purpose."

At this time, Director Qi and others were naturally full of indignation, feeling that the businessman in front of them was really hateful. However, Suning did not care about the indignation of the crowd.

Then he took out a prepared plan and handed it to Director Qi in front of him, so that Director Qi and others could see the sincerity and strength of his Su Group.

However, Director Qi took the plan with a frosty face and began to read it. But as time passed, Director Qi slowly fell into deep thought.

Director Qi was indeed surprised at this moment. You know, the LCD technology mentioned in the plan is very high-tech. "LCD TV?"

"That's right! As we all know, plasma panel technology is expensive and difficult to reduce costs, making it completely unsuitable for the mid-range and low-end TV market. However, LCD technology, with its higher cost-performance ratio, perfectly solves this problem. So, I have very high expectations for Longda Electronics."

"Mr. Su, since your group has such excellent technology, can you open source it?"

"Director Qi, you can't fall into the same pit twice. If we can't complete the acquisition of Longda Electronics this time, our Su Group is considering building a factory in Southeast Asia." "Huh? President Su, I see in your plan that you're actually planning to build a high-standard LCD panel factory?"

"Yes! Although our Su Group cannot disseminate LCD technology, we will supply it to major domestic appliance manufacturers."

Although Director Qi was completely tempted, he still insisted on stating his bottom line, "The Shenzhen Municipal Government agrees in principle to this acquisition, but there cannot be any changes to the state-owned shares and employee shares."

However, Suning immediately rejected the offer without hesitation, knowing that the upcoming investment was enormous. "Impossible! After all, we're going to be investing massive amounts of capital and technology, and the state-owned and employee shares will inevitably be diluted."

Director Qi and the others had not expected Suning to refuse so bluntly. This was the most arrogant businessman they had ever met. "This..."

"Of course, if the Shenzhen Municipal Government is willing to continue to follow up with additional investment, our Su Group would still welcome it."

Director Qi then asked the most important question again, "Boss Su, according to you, will the LCD technology also be sold to Longda Electronics?"

"Of course! You have to know that our Su Group has invested a huge amount of money in research and development. Naturally, we can't just let this technology spread casually. Even if Longda Electronics becomes a subsidiary of the Su Group, we still need to sort out our respective interests."

It was obvious that Director Qi and the others saw Suning's sincerity and strength, but it was still difficult for them to give up easily. "Boss Su, can't we seek a common way of cooperation?"

"Director Qi, I believe you have studied the past of our Su Group, so the same problem will definitely not happen again. Moreover, the acquisition we initiated this time is still very sincere, and all operations and actions are within the scope of legality and compliance."

"Alright! Next, our department will report this project as soon as possible. I'm sure the leaders of the higher-ups will agree."

"Thank you, Director Qi, for your support! Our Su Group is a genuine national enterprise. We have never considered tax evasion and have now become a major taxpayer in the strict sense. The success of our Su Group is actually a manifestation of the success of reform and opening up."

"Mr. Su, what you said makes sense! I wish us a happy cooperation."

"It's a pleasure to work with you! Longda Electronics will soon become the pride of our national enterprise."

The conditions offered by Suning this time are very favorable. It does not require the Xu family behind his girlfriend to make any effort. The leaders of the Shenzhen Municipal Government naturally understand the mutual benefit involved.

Therefore, Suning has no doubt whether this acquisition will be successful. You know, it has made a lot of efforts for this project, and if it fails, it will make Suning discouraged.

……

After the uncle learned about the Qilin Society's shocking plan from Suning, he immediately explained everything to Po clearly, and finally pulled Po back from danger at the last moment.

"Uncle, is everything you said true?"

"Suning deliberately put aside his affairs in Shenzhen and rushed back to Shanghai just for this matter. Do you think he would be so bored as to deceive the two of us?"

"That's right! Suning has been making big moves in Shenzhen recently, whether it's taking over Mr. A's stock holdings or aggressively acquiring Longda Electronics. These are things we couldn't even imagine."

"Suning told me this time that the opening price of 414 stock would be 414 yuan. Although and Qilin expected the target to be yuan, Suning estimated that it would start to plummet rapidly when it reached yuan."

"Uncle, I understand what you and Suning mean. We will definitely not give up this opportunity."

"No! We can't bring Commander Cai and the others this time. We must secretly manipulate the market this time. This wave of market is too sensitive. If we are not careful, we will get into trouble."

"Huh? Not really?"

"Boss Bao, if you want to become that Po again, I will do whatever you want."

"Okay! This time I'll handle the 414 matter myself."

"Well, Suning has really been very kind to us. Let's not use him as our imaginary enemy anymore."

"Haha, Uncle, do you think I'm still worthy of being his opponent?"

"I'm glad you understand! Besides, you and Betty broke up seven or eight years ago. It's a bit strange that you regard Suning as your love rival."

"Huh? Uncle, I didn't! Don't talk nonsense."

"Humph! We've been together for five or six years, and I know your thoughts very well, so don't try to hide it from me."

"Hey! Uncle, I just feel unhappy. I think you should understand me."

"I can't understand it! My uncle has never seen such a fool in his life to offend his financial sponsor for a dispensable woman."

A Bao naturally didn't dare to continue discussing with his uncle, so he deliberately escaped when his uncle was not resting, and then went straight to the Golden Phoenix on Huanghe Road to find Commander Cai.

"Commander Cai, I don't plan to contact the Qilin Society anymore. I feel that my current situation is still very good."

"What? Mr. Bao, is this really what you think?"

"Yes! Even I, Po, have let everyone down."

"Boss Bao, have you heard any news?"

"No! I just feel that my strength is not enough and I am worried that I am not qualified to join the Qilin Society."

"Well! Fine! Since you don't want to tell me, I won't ask anymore. I just hope you don't regret it."

……

(End of this chapter)

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