Reborn in America, I'm serious about making money.
Chapter 355 Unapproachable
There are two large pharmaceutical groups listed on the Shanghai Stock Exchange: one is the official Shanghai Pharmaceutical Group, and the other is the Shanghai Dahua Pharmaceutical Group.
According to common sense, Shanghai Pharmaceutical Group should be stronger than Shanghai Hua Pharmaceutical Group. However, the fact is quite the opposite; Shanghai Hua Pharmaceutical Group is stronger than Shanghai Pharmaceutical Group.
The main reason Zhang San came to Shanghai was because of Huhua Pharmaceutical.
"What is their plan?" Zhang San was somewhat disgruntled because Shanghai Pharmaceutical Group wanted to acquire Shanghai Hua Pharmaceutical Group.
"Boss, we own 5,000 pharmacies, which are valued at 1 billion yuan; our brand is valued at 50 million yuan; and our 60 pharmaceutical factories are valued at 10 billion yuan, for a total of 110.5 billion yuan."
The general manager here, his voice trembling slightly, delivered the result. Zhang San looked at him and said, "Ask them how much Shanghai Pharmaceutical Group is willing to sell it for. I'm prepared to buy it."
Zhang San remembered something and said, "Shanghai Pharmaceutical Group's performance isn't as good as ours, is it?"
"yes!"
"Go and talk to them."
In today's Shanghai, those who were acquainted with Zhang San back then have either retired or been promoted; those who were familiar with him are no longer there.
The general manager was immediately overjoyed and rushed off to negotiate with the Shanghai Stock Exchange.
"Mr. Fang, this is impossible. This is selling assets at a bargain price." The asset management director was somewhat angry.
General Manager Fang, who is also the general manager of Shanghai Hua Pharmaceutical, said, "Then we can offer a high price, as long as you name your price."
"That's impossible. Shanghai Pharmaceutical Group is our pillar enterprise."
After listening, General Manager Fang said, "The value of Shanghai Hua Pharmaceutical..."
"President Fang, the best way to maximize the value of Shanghai Hua Pharmaceutical is to integrate it into Shanghai Pharmaceutical Group," the asset management director said with a smile.
"Director, this matter needs to be remembered from the beginning."
After leaving the asset management department, General Manager Fang reported directly to Zhang San.
Mr. Fang told Zhang San about the results of the negotiations. After a moment of silence, Zhang San laughed. It seems that he shouldn't have made such a big deal out of it in the first place. Now, someone is getting envious and wants to reap the benefits.
"It's alright, it's not your fault."
Zhang San owns numerous businesses in Shanghai, including three landmark buildings, the Shanghai Hua Pharmaceutical Group, supermarkets, hotels, pharmacies, and many other companies. Of course, he also has many more real estate projects. Perhaps these people saw through his schemes and exploited his weakness.
"Heh... I'm afraid these people don't know how much money they have."
Zhang San had made up his mind. He said to Boss Fang, "You deal with them and drag it out for a year or two."
The next day, in Guangdong Province, a number of people came to the office of Kangsifang Pharmaceutical Group, a subsidiary of Shanghai Hua Pharmaceutical.
"The boss said that you will be responsible for purchasing the shares of Kang Sifang Pharmaceutical Group. We will notify you of the purchase time later."
Hearing about this good news, they all smiled and said, "Helping our fellow businesses is what we should do."
On the same day, the same thing happened at Kanggui Pharmaceutical Group in Guangxi Province...
Yunnan Province...
Huhua Pharmaceutical's parent company is in Hong Kong, and it is a wholly Hong Kong-owned enterprise. Due to its large scale, wide geographical coverage, and large number of people it serves, it was once a star enterprise in Shanghai.
With an annual turnover exceeding 270 billion RMB, the company also owns substantial fixed assets across the country, ensuring stable annual profits. Not only are profits stable, but taxes and profits are also consistent.
The Lihua Group, whose mainland headquarters is also located in Shanghai, is unaware that it will soon be relocating.
Zhang San has many companies in mainland China headquartered in Shanghai. Now that this has happened, he is unhappy, and if he is unhappy, he cannot stay any longer.
Dahua Medical College will also be relocated.
Not only were outsiders unaware, but even the managers of Zhang San's companies in Shanghai were unaware that beneath the calm surface, undercurrents were surging.
"Due to business restructuring, Lihua Group will close some of its mainland China operations..."
Shortly after, Lihua Group released several announcements. Following closely behind was Lihua Supermarket, which announced in its announcement that it would sell some of its supermarkets to Sanrun Supermarket.
Many companies in Shanghai have gradually moved out of the city and relocated to other places.
"Why are so many businesses relocating or closing down lately?"
How many are there?
"There are only a few hundred, maybe five or six hundred."
Upon hearing this from the salesperson, the supervisor replied, "Only five or six hundred? That's normal; there are that many companies every year."
"There is a group here that has changed its controlling shareholder. It is no longer a Hong Kong company, but has become a company with North American operations."
"Oh, which one is it?" the manager added casually. He wouldn't have bothered to look at it if it hadn't become a North American company.
"It's Shanghai Hua Pharmaceutical Group, and the change has now been completed."
The supervisor immediately stood up. Recently, he had heard some media reports that Shanghai Pharmaceuticals was going to acquire Shanghai Hua Pharmaceuticals.
But now it's suddenly become a North American company. What happened? He immediately picked up the phone and called the asset management department to explain the situation.
"What? Wait a minute, let me call and ask."
He hung up the phone and called General Manager Fang to find out the situation. Who was General Manager Fang working for? Certainly not Zhang San's. The asset management director had heard from General Manager Fang that it would take one to two years. Only then did he have the confidence to get the other party to compromise within three months.
However, the current situation is that the company has changed owners.
"Old Fang, what's going on? Where's your boss?"
Mr. Fang said, "Oh, don't even mention it. Our boss has already gone overseas, and I'm currently handling the handover with the company in North America."
"What happened? How did it suddenly become a North American company?"
Mr. Fang said, "The boss sold off all the subsidiaries. Dahua's parent company had a lot of debt, and the money from the sales was used to pay off the parent company's loans. Then he sold Dahua Pharmaceutical directly to a North American company for one hundred million US dollars. Dahua Pharmaceutical is left with only one office building."
Suddenly, Mr. Fang added, "Besides Dahua Pharmaceutical, I have another piece of news for you. Keep an eye out for companies that have recently closed down or relocated. Those are also companies owned by our boss. Oh, and companies that are selling off assets."
"What!?"
This startled him. He felt that so what if the boss of a company was a Chinese person in North America? He could act as he pleased, not some foreign devil.
He immediately retrieved the information of those companies from the tax system and discovered that six or seven hundred companies had suddenly made significant moves in that month.
Some moved their headquarters, some closed down, and some sold off their assets and disappeared.
He made a preliminary estimate that after these five or six hundred companies left... he broke out in a cold sweat.
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