Chapter 133 The sale of Zhongyuan Communications Company
Wu Yong, who is in China, has no idea that the United States has launched an international project in advance because he started a major international project. Even if he knows, there is no way. His influence is limited and can only affect South Africa at present.
Wu Yong has lived a very good life these days. After returning to Zhengzhou with Li Xiaozhu, their affairs were basically settled. Li Xiangguo would definitely not object. All they missed was a ceremony. After Wu Gang and Li Xiangguo discussed it, they decided to hold an engagement ceremony when they graduated from high school. After they got married, they could not escape the fate of going to college. This was arranged by the old man. As a child of the Wu family, he must receive a university education. As for how much he can learn, it all depends on himself.
Wu Yong had a dispute with the old man about this matter. Wu Yong finally realized his stubbornness. In the end, he had no choice but to agree to go to college. Anyway, it was not an exam, so he could just put a name like high school.
Time passed, and the first month passed quickly. Wu Yong did not notice anything in the United States. Yang Shoucheng successfully invited American experts at a high price. Li Xiaozhen's surgery was also performed, which was quite successful, at least not at present.
On March 25, 1996, shortly after Wu Yong's birthday, Zhenzhen Electronic Technology Co., Ltd., a wholly-owned subsidiary of Master Kang Group, announced its listing in the name of its TV factory. According to calculations, Zhenzhen Electronic Technology Co., Ltd.'s market value is RMB 7 billion, and Lin Run is as high as RMB 2 billion. Before it was listed, it attracted a lot of attention.
This listing is the same as the last time the communications company went public, with a total of one billion shares, with an issue price of seven yuan per share. The first one is to invest 30% of the shares.
Zhenzhen Electronics is already a well-known brand. In addition, before its listing, the company launched a production plan for air conditioners and refrigerators. After its listing, the stock soared. After half a month, it stabilized at around 45 yuan per share. Li Zhicheng also advanced a lot because of the listing of Zhenzhen Electronics Company, and entered the top 20 in Asia and ranked first in China.
At present, the two subsidiaries with the highest profit points under Master Kong Group have been listed, making the group's total assets reaching hundreds of billions of yuan, and have become a veritable super-large enterprise in China. The deeds of Li Zhicheng and Zhang Zhiguo have also been put into textbooks and have become the objects of learning for many people.
Under the deliberate concealment of the country and Wu Yong, only a few people knew that Wu Yong, who was only eighteen years old, was the largest shareholder and helm of this super-large enterprise.
In addition to the listing of Zhenzhen Electronics Factory, there were also good news from real estate companies in Guangzhou. The large-scale real estate project that had invested 3 billion yuan and had a loan of 9 billion yuan for a bank had already started pre-sale after the New Year. In less than a month, one-third of the house had been sold, recovering 16 billion yuan of funds, and after repaying the bank loan, Wu Yong couldn't help but be amazed, and once again sighed that the real estate industry is really a profitable industry.
The group's new headquarters building in Zhengzhou has also begun to be built. It is expected to be completed in July and can be settled in September. However, before, the staff at the Zhengzhou headquarters still had to work with the communications company people.
On April 3, Wu Yong went to the company with a rare opportunity and asked Li Zhicheng and Zhang Zhiguo to take him to see the location of the new headquarters. Then the three of them returned to Wu Yong's villa together.
"Haha, thank you for your hard work during this period!"
After entering the villa, Wu Yong personally poured two cups of warm green tea for the two. During this period, the listing of the electronics company made them busy and they had to be distracted to find a buyer for the communications company.
Zhang Zhiguo took a sip of green tea and asked unwillingly: "Mr. Wu, the communications company currently has 12 million customers, and the unit price per share in the stock market is already 44 yuan. Do you still want to sell it?"
"So many?" Wu Yong was slightly stunned, then smiled and said, "Sell, of course I have to sell it. Have you not noticed that there are more and more mobile phones? When mobile phones become popular and mobile phone bills are reduced, who else can use a pager?"
"Mobile phones are cheaper, but phone bills are still much more expensive than using paging. If you want to popularize them, it may take some time, right?"
Zhang Zhiguo argued dissatisfiedly that four years later, he finally understood Wu Yong's words, that the development of mobile phones could not be reasonably speculated. After 1997, the paging market began to shrink. If they hadn't retreated early, the tens of billions would have become wasted.
Wu Yong shook his head and said, "No, it won't take long. If I don't tell you this, how are the buyer in touch?"
"We have contacted some people secretly. Currently, three families have an interest, one is China Unicom Group, the other is the Motorola Group in the United States, and the South Korean Daewoo Group!"
"The Americans are eliminated first. I have some conflicts with them recently. It is not good to sell communications companies to their companies!"
Wu Yong first eliminated the United States. He didn't know what trouble the US government would give him. If he used some tricks during the negotiations and delayed Wu Yong's sale, he would have no place to cry.
Li Zhicheng continued: "Then sell it to China Unicom, but China Unicom currently provides the worst plan. They are working hard and we are negotiating with them!"
Wu Yong thought for a while and asked, "What solution did they give?"
"First acquire 40% of the shares at 35 yuan per share, and then recycle the remaining 30% of the shares. I have found out that they currently have our 11 stocks in hand!"
"Hmph, I think it's pretty good. 51%, they can compete for the chairman. There is still a veto. It doesn't matter whether the last 49% is the last one!"
Wu Yong thought for a while and asked, "Where is Dayu, what solution has Dayu given?"
Zhang Zhiguo said: "They are willing to eat all 70% of our shares at once, but the price has been reduced to 32 per share, but I feel that this price can still be negotiated!"
"Then try to get more. Every increase in the price is a wealth of hundreds of millions. You must never get these Korean sticks!"
Wu Yong nodded. Thinking of the end, he felt that it would be better to sell it to Daewoo, South Korea. If you buy this company, you will definitely lose all your money after four years. Without the right to operate a digital phone, you will only have useless base stations. Wu Yong does not want to harm China Unicom, and it is most suitable for Korean companies to pay.
"Okay, we will continue to negotiate with them!"
Zhang Zhiguo nodded helplessly. Wu Yong was the helmman. He insisted on selling the chicken with golden eggs. What else can Zhang Zhiguo do?
On April 20, Li Zhicheng used the equity loan of Zhenzhen Electronics Company of HK$25 billion, and took out some of the money earned by the real estate company, and returned the principal and interest to the bank. This repayment made the senior management of China Construction Bank a little puzzled, but the bank had no losses. The impact of the electronics company was no worse than that of the communications company, so he did not ask about it.
On May 1st International Labor Day, China broke out with explosive news. South Korea's Daewoo Group intends to acquire Huaxia Zhongyuan Communications Company. At present, the senior management of Huaxia Daewoo Group is already negotiating with Master Kong Group, which owns 70% of the equity of Zhongyuan Communications Company. According to the data, the negotiations between the two parties are not very different at present, and this cross-border acquisition is likely to be successful.
As soon as the news came out, the whole country was shocked, and the people of Zhongyuan Communications Company were even more upset. Zhang Zhiguo and Li Zhicheng all brought people to stabilize their emotions. At the same time, many government units also came to ask if this was really the case.
With the silence of Master Kong Group and the scrambling reports from major newspapers, the stock price of Zhongyuan Communications also began to fall, from 44 to 41, and finally fell below the forty mark and entered 39 yuan.
On May 10, Master Kong Group finally held a press conference. President Zhang Zhiguo personally presided over the meeting and officially announced that the group and South Korea's Daewoo Group reached an acquisition agreement. At a price of 34 yuan per share, all the 700 million shares of Zhongyuan Communications Company owned by Master Kong Group were sold to Daewoo Group. The two parties will officially sign a contract in two days.
A huge wave has set off again in the country. In two days, Zhongyuan Communications' stock fell to 35 yuan per share, and Zhenzhen Electronics' stock also fell a lot.
Even the governor of Henan Province asked about the sale of Zhongyuan Communications himself, but it finally became a fact. On May 12, the two sides officially signed a contract, and since then, Zhongyuan Communications, the largest communications company in China, became a Korean industry. Some large international groups also called to congratulate South Korea Daewoo Group.
Beijing, a small yard.
A young staff member hurried past the guard's door and entered the room.
"Vice Prime Minister, the matter of Zhongyuan Communications that you have paid attention to has been achieved. South Korea's Daye has officially acquired this company, just now!"
A kind old man sitting at the desk couldn't help but knock on the pen in his hand, and a smile appeared on his face: "This boy from the Wu family is really courageous, very good. No wonder he can do something that others dare not do!"
If Wu Yong saw this kind old man, he would definitely open his mouth wide. The old man in front of him was the next prime minister, the prime minister who made great contributions to the economic development of China.
"Vice Prime Minister, he sold the company to foreigners, and you still said he was okay!"
The middle-aged man is the personal secretary of the Vice Premier and knows a lot of things. Naturally, he also knows that the owner behind Master Kong's group is actually Wu Yong of the Wu family.
"You don't understand. After the old man from Wu's family failed to apply for the digital phone management rights for him last time, I knew that this kid would definitely move, but he didn't expect it to come so quickly. The pager market has reached its peak of development, but mobile phones are developing in Chaoyang. Soon mobile phones can replace pagers. Will he not sell them and wait for a bad hand? This time Daewoo may have to pay for that kid!"
The Vice Premier smiled and said, with his eyes, he could naturally see that the mobile phone would inevitably replace paging, but there were too few people who could see this. Wu Yong was just because of the vision of later generations.
Although the secretary did not believe what the Deputy Prime Minister said, he did not object, and time would prove such things.
In fact, the same is true. Because of the burden of too much foreign debt, the stock of Zhongyuan Communications fell sharply and encountered a financial crisis again, which finally crushed the multinational group. The founder of the group, Jin Yu, fled abroad. This is all the future.
Chapter completed!