Chapter 41 Chapter Forty-One

"Look, life is still so beautiful, and the Manhattan we participated in creating is still so charming!" Bai Yuanwei stood in front of the floor-to-ceiling windows of his big office, pointing to a piece of luxury buildings on Haicang Street, and said to his confidant and CEO Chen Guangming Said, "Facts once again prove that any violent storm will not last long, nor will it shake our foundation. This big ship called Weiye International is still moving forward, and no substantial changes have taken place!" Chen Guangming smiled and responded flatteringly, "That's because you are such a good captain!"

Bai Yuanwei was quite clear-headed, shook his head and said, "I can't say that, my role is limited after all! Without a sensible person like Zhao Anbang, without the state's policy of supporting private enterprises to become bigger and stronger, and without the concerted efforts of all colleagues in the team, this result would have It is unlikely to happen, maybe this Weiye Building has changed hands today!" Chen Guangming admitted, "Yes, Mr. Bai, I'll tell you the truth: when the provincial SASAC took over, I was ready to move, and I even looked at the new location! But thinking about it, I really can't bear it. Back then you led us to build this The building is so difficult, it was hard to get 180 million, not counting the land money, now the building is worth at least 800 million!"

Bai Yuanwei thought about it, and said, "We haven't paid the land money, Guangming, don't you remember? What happened in 1990? Who believes that this fishing village in Haicang will become the Manhattan of Hanjiang Province? Our land It was won with a symbolic one yuan. I represent Weiye International, and Qian Huiren represents the Ningchuan Municipal Government. The two parties signed the land use right transfer agreement! Therefore, we have to admit that Zhao Anbang and Sun Lusheng did not Wrong, for Weiye International, the Ningchuan Municipal Government has invested in policies, and the value-added of the Weiye Building is not the value-added of the land!"

Chen Guangming said: "Then they have made a lot of money. I would rather pay the land premium than admit that this country is qualitative!" Bai Yuanwei smiled wryly and said, "Is this a question of whether to admit it or not? Who told us to sign the 10 million investment contract with the Beijing-Hong Kong Company? Besides, in the past ten years or so, in order to enjoy preferential policies and loans, Red Hat has also taken the initiative Dai, what is there to complain about now?!" He added, "The bigger the scale, the property rights problem has become a heart problem for me. Today, it can be solved in this way, and we continue to control it, which is ideal. Already!"

Chen Guangming is still complaining, "Actually, our strong man broke his arm and withdrew from Weiye International. With Xinwei Investment as the base and runway, and Weiye Holdings and Weiye China as the wings, we can take off again, perhaps even higher!" Bai Yuanwei waved his hand, "Wrong! First, you ignore the brand value of Weiye International. This brand is a gold-lettered signboard built by our team in the past thirteen years. Can the huge intangible assets be easily given up? Second, You have forgotten the delicate relationship between politics and economy, and China’s unique national conditions and political conditions! Don’t think that from now on, the private economy can really be on an equal footing with the state-owned economy. Let me tell you: there is no such thing. Don’t be confused Take a look at the current situation in the capital market? State-owned enterprises are frantically going public to collect money. No matter how sluggish the market is, large-cap stocks go up one after another; What other convertible bonds are there! The state has given the green light on policies all the way, which private enterprise can be so comfortable?"

Chen Guangming's eyes lit up, and he suddenly understood, "Mr. Bai, what do you mean, the red hat has to be worn?" Bai Yuanwei nodded, and said meaningfully: "On the premise of our controlling share, let's take part of it! In this way, we can take the initiative and have a basis for advancing and retreating. We can not only enjoy the state's policy of granting the state-owned economy, but also be independent in the market. Business! I’m already thinking about the next plan: first, to negotiate an agreement to acquire 8% of the state-owned shares of the Hanjiang Provincial Government, to complete the absolute holding of Weiye International, and find a way to find the acquisition funds as soon as possible; second, to learn from Learn from those state-owned holding companies in the market, and take advantage of the current low interest rate conditions to issue convertible bonds in the name of Weiye Holdings as soon as possible. It is best to issue 2 to 3 billion! It is used to acquire the second rolling mill of Wenshan Iron and Steel Company. Expand production capacity!"

Chen Guangming is a rare genius in market operations. His head is a well-functioning engine. When you turn on the ignition, he starts immediately, "Mr. Bai, can I understand this: the transfer fee for the acquisition of 8% of the state-owned equity does not use our The real gold and silver invested by Xinwei is obtained from the domestic market through capital operations?" Bai Yuanwei laughed, "Smart, how to achieve it in a reasonable and legal way, you should think about it!" Chen Guangming pondered for a while, "There is an opportunity to operate. I wanted to say that we have worked hard on Weiye Holdings a while ago, and now we directly or indirectly hold more than 50 million tradable shares, accounting for 100% of the total tradable shares." 30%, plus my management’s original and non-negotiable legal person shares allocated this time, it is nearly 45% of the total share capital. If Wenshan Iron and Steel Company can be persuaded to transfer 25% of the state-owned shares to us, the offer will be triggered Acquisition!"

With a tacit understanding, Bai Yuanwei immediately stated the expected operation prospect, "As soon as the news of the tender offer spreads, the share price of Weiye Holdings will go up, and then we can sell out the 50 million tradable shares in our hands at a high price." , use the funds withdrawn from the stock market to buy shares in Weiye International at the price of net assets!" Chen Guangming is very cautious, "However, Mr. Bai, there are two points that must be clarified first: first, can the 25% state-owned equity of Wenshan Iron and Steel be successfully transferred by agreement? Second, can this transfer be completed on the premise of only paying a deposit? "

Bai Yuanwei folded his arms and thought for a moment, "It should be no problem. The current secretary of the Wenshan Municipal Party Committee is Shi Yanan. She hopes that we will increase investment in Wenshan. Moreover, we have successfully cooperated with her on the Pingzhou Port project!" Chen Guangming was convinced, nodded, and said calmly: "Then, let me evaluate the risk again! The closing price of Weiye Holdings yesterday was 6 yuan and 2 cents, and the weighted average price of the previous 30 trading days was 7 yuan Zero five cents, the latest announced net assets per share are three yuan and four cents, and profit per share is five cents and one cent. The tender offer price for tradable shares is roughly more than six yuan and three yuan, and the tender offer price for state-owned legal person shares will also be close to four yuan. If the operation fails, if the offer is really fulfilled, the acquisition cost will be as high as 900 million yuan! What's more serious is that as long as they sell 5% of the shares and we hold more than 75% of the shares, Weiye Holdings will be delisted and delisted, and we will also be alone The family is playing!"

Bai Yuanwei had no timidity, "Guangming, don't be afraid. Since 1989 when the Hang Seng futures index was speculated in Hong Kong, I have experienced a lot of this kind of fighting! My analysis is this way: this year the steel industry is optimistic, and the stock market The steel sector has been bullish, and the fundamentals are favorable; secondly, we have reached an agreement with the Provincial State-owned Assets Supervision and Administration Commission, and the bad news has been exhausted; specifically, Weiye Holdings has excellent performance and good growth, so what reason do those investors have to accept this offer? Woolen cloth?!"

Chen Guangming was still not at ease, and reminded again: "Boss Bai, this is still very dangerous. Don't forget, Mr. Tang Haitian is a big holder of Weiye Holdings, and he has already secured more than one yuan, and he is waiting for an opportunity to escape!" Bai Yuanwei didn't even think about it, "You let the Haitian Department run away, we will take the low-priced chips, and the securities department will control it by itself!" Chen Guangming talked about convertible bonds again, "Generally speaking, a tender offer will trigger a surge in stock prices, and the subsequent issuance of 2 to 3 billion convertible bonds will definitely cause stock prices to fall, even violently. This year the market Very weak, people are extremely disgusted with this kind of disguised expansion and reckless misappropriation of money, what will happen is unpredictable!" Bai Yuanwei waved his hand, "Then don't expect it, our goal will be achieved, and the rest has nothing to do with us!" Chen Guangming was taken aback for a moment, and joked, "It's been so many years, and you're still so cold and heartless!" Bai Yuanwei said indifferently: "It's not that I'm indifferent, it's that the capital and the market are indifferent!" He thought of Mr. Tang who was also indifferent and ruthless, and felt that Haitian's shareholding was always a hidden danger, so he confessed to Chen Guangming, " The holdings of the Haitian department need to be further investigated. Don’t believe the stock portfolio news they announce every month, and pay attention to the real-time transactions of their seats. It is best to clear this time bomb before the tender offer starts! This old fox, the best Fishing in troubled waters, when I was abroad, he would call me every few days to try to catch me!" Chen Guangming said with a smile: "Mr. Tang can't help it. The stock market is in such a downturn. Not only is he the Haitian Department, but all the funds are covered. With the development of Weiye International's property rights, he smells fishy. Naturally, he must take the opportunity to give it a go!" Bai Yuanwei said disgustedly: "We must try to get rid of him, we must cover up the huge fishy smell, we must not let this old fox smell it, and the secret of the tender offer must not be leaked, I will say hello to Wenshan today! You also plan well , use different secret accounts to sell against each other, and first force out part of Haitian's bargaining chips!" Chen Guangming nodded in response, and suddenly changed the subject, "Oh, Mr. Bai, I almost forgot, there is another good thing: this morning, Mr. Ai from Wenshan Shanhe Group Co., Ltd. came to the door and wanted us to help them with asset restructuring , even if it’s fake, just keep it safe! If you go to Wenshan, you’d better pay attention to this matter!” Bai Yuanwei was a little dumbfounded, "What kind of a good thing is this? I know about Shanhe. In the early years, it produced TVs, Shanhe brand TVs. The first factory manager was the motor from the Supervision Office. It is ridiculous that such a rubbish company can go public. Since the packaging was launched, it has not made a profit, and it might be withdrawn from the market this year. We’d better not join in this excitement, let alone fake reorganization! Zhao Anbang mentioned this to me a few days ago, and I have politely declined! " Chen Guangming said happily, "Hey, Mr. Bai, don't talk so badly, they want to make a fake reorganization, we can make the fake come true! That Mr. Ai is in a hurry to go to the doctor, and even proposed zero mergers! Shanhe Company and its subordinates The two food factories that produce nutrient solution are located in prime locations in the center of Wenshan, and the three pieces of land alone are worth a lot of money!" Bai Yuanwei still didn't think much about it, "Don't talk about it, Guangming, this is unrealistic. Now the mayor of Wenshan is Qian Huiren, who is a sensible person who understands the market. Mayor Qian has already seen the bright spots you see. Come to us to bargain!" Chen Guangming insisted: "Mr. Bai, this is at least worth a try! Don't be so subjective. Back then, Ningchuan City could make zero transfers of the land of Weiye Building. Why couldn't Wenshan allow us to carry out zero mergers of Shanhe shares? I think Today's Wenshan is just like Ningchuan back then, it is also full of difficulties, besides, Shi Yanan is the secretary of the municipal party committee!" Bai Yuanwei thought about it seriously, and it was true, so he agreed, "Then I'll give it a try, if there is hope, I will fight for it." After Chen Guangming left, Bai Yuanwei thought for a while, and wanted to call Shi Yanan. He didn't talk about Shanhe shares first, but only said Wenshan Iron and Steel. However, the property rights of Weiye International had been settled, and he was about to start working hard again. The director of the group The Bureau has decided in principle to expand the main business of Weiye Holdings, enter Wenshan No. 2 Rolling Plant, and shift the strategic focus to Wenshan. Shi Yanan was very excited, and said with a loud smile: "Okay, okay, Mr. Bai, you really didn't disappoint me, and my support and appeal to you have been rewarded! Do you know, brother? In order to let you continue to control the great cause I have done a lot of work in front of Governor Zhao on this big ship, if you don’t believe me, you can ask Governor Zhao!” Bai Yuanwei smiled and said, "Why don't I believe it? We are bosom friends and allies, and we cherish each other! In the most difficult time, I did not give up my promise to my sister, you, and the Pingzhou Municipal Government. I will launch the Pingzhou Port project as usual. Unfortunately, sister, you have been transferred away from Pingzhou, and my huge emotional investment has all been in vain!" Shi Yanan laughed even harder, "Forget it, forget it, don't say anything nice, I doubt your feelings! Tell me, when will you come and have a look? Mayor Qian and I are waiting for you, and I want to recommend you Some good investments!" Bai Yuanwei said: "No matter how good a project is, we have to take it step by step. Let's start with Wenshan Iron and Steel! The board of directors and I have an idea to buy the state-owned equity of your Wenshan Iron and Steel Company at the price of net assets!" Shi Yanan said: "Okay, the reduction of state-owned shares is an established policy. We are doing this work. I also said at a meeting yesterday that beautiful women should be married first. Wenshan Iron and Steel is the most beautiful woman in our city. You can marry first." Well!" Bai Yuanwei went further and said, "This requires the strong support of you and the city government. What I mean is this: sign the equity transfer agreement for the state-owned shares as soon as possible. We can pay the deposit first, and the balance will be paid within the year..." Shi Yanan yelled before he finished listening, "Hey, hey, Mr. Bai, I can't support this! Do you know what's going on in Wenshan now? The city's finances are in a mess, and many subordinate counties and cities are struggling to even pay salaries. Social security This area is even more problematic, you can’t just pay the deposit, our Finance Bureau and the State-owned Assets Bureau can’t pass it, really!” Bai Yuanwei thought for a while and changed his mind, "Then I will mortgage the equity and get a loan from the bank! But it will take a process, and I want to sign the share transfer agreement as soon as possible! To tell you the truth, I am not on a firm foothold now, so A minority stake temporarily presides over the work of the group, and it will be very troublesome if there is a disturbance, can you accommodate me?" Shi Yanan pondered for a moment, "President Bai, don't you have a lot of euros and US dollars under Xinwei Investment? Are you investing in Pingzhou Port? Why can't you move some of it out first? It can be accommodated in three or two months, but it won't work after a long time! You ask Just ask Mayor Qian, we can wait for the money to be put to good use, we have already established a principle, if you don’t see devils, don’t hang your strings!” Bai Yuanwei knew everything, and immediately made a decision: "Let's do it in three months, and pay off the transfer in three months! I'll send someone to Wenshan tomorrow to talk with your city's Finance Bureau and State-owned Assets Bureau, and you will also talk to relevant parties Say hello and do something special for us! Before the bank loan comes in, I will use the foreign exchange in Xinwei's investment account as collateral!" Shi Yanan was happy now, "Okay, okay, then we will definitely do something special to give you a surprise! To be honest, I don't want any disturbance to blow your brother off the bow. Wenshan is at a disadvantage!" Bai Yuanwei said: "It's good if you understand. I really got off the boat and got a guy like a motor to be the captain of Albert. I definitely won't drive the boat to your Wenshan. You are not only helping me, but also helping yourself. !" Then he mentioned Shanhe shares in a casual tone, "Oh, yes, I have another question: what happened to Shanhe? That President Ai came to my door, I hope we can help Keeping the promise, saying that there can be zero mergers!" Shi Yanan said: "Mayor Qian directly arrested this matter. Governor Zhao asked for it. I don't know very well. You can go to Mayor Qian! My personal opinion is that if you can help, I hope you can help me. How to do it specifically?" ,It's up to you!" It would be useless to talk to Qian Huiren, so Bai Yuanwei didn't say any more, and gave up the idea of ​​annexation in his heart. In the afternoon, Bai Yuanwei and Chen Guangming called several directors at home for a decision-making meeting under extremely secret circumstances.At the meeting, some people raised the issue of risk, worrying that they would be forced to fulfill their offer obligations after the tender offer was triggered, and the falsehood would come true, delisting and delisting of a good listed company.Bai Yuanwei was unmoved, and insisted on passing this risk decision-making plan with his absolute internal control, and made careful operational arrangements for various departments. However, what Bai Yuanwei didn't expect was that Mr. Tang actually thought of something with him and came to visit at this time.When he was about to get off work that day, Mr. Tang suddenly called and said he wanted to come over for a chat.Bai Yuanwei also wanted to feel the old fox's bottom, so he readily agreed, and warmly invited the old fox to eat and drink. Mr. Tang was in a good mood and didn't show much pain from being locked up. He sipped his wine and said, "Yuan Wei, I really didn't expect you to achieve such a good result, and I didn't expect that such a toss would make you a great achievement!" The largest shareholder of the holding company! Okay, okay, teacher, I sincerely congratulate you, congratulations on creating another miracle!" Bai Yuanwei smiled perfunctorily and said: "Master, what is there to congratulate? You know, I am forced to fight! Like your Haitian department, all the funds in hand are in Weiye Holdings, and I don't know what to do next !" Mr. Tang said straightly, "You still don't know what to do? Are you fooling me again? It's easy for you! I did the calculation for you, and the tradable shares and state-owned legal person shares in your hand are close to 50% right? Why? We can’t go any further, take advantage of the SASAC’s socialized disposal of state-owned shares, continue to acquire some equity, and trigger a tender offer?” Bai Yuanwei was startled and almost cried out: This old fox is a fucking stock market devil! Mr. Tang noticed his surprise, "Hey, hey, why are you looking at me like this? Since you have already stationed heavily in Weiye Holdings, why don't you use your strength to launch a general attack? The State-owned Assets Supervision and Administration Commission also wants you to eat it!" Fortunately, Mr. Tang did not expect that he would buy state-owned equity from Wenshan, which is a blessing in misfortune!So he concealed the extreme uneasiness in his heart, and joked: "Old man, don't you plan to trick me?" Mr. Tang had a drink, "What's this called? I'm your teacher, how could I cheat you at this time? Yuan Wei, let me tell you, this is really a great opportunity, it belongs to both you and me. Me! To tell you the truth, we Haitian have already ate your steel from Weiye Holdings, and we have almost become iron men. As long as you launch the main attack, we will try our best to assist and take the opportunity to digest some of the steel." He stretched his head over, and his voice was also It has been lowered a lot, "I asked the children to calculate it. If this operation is done properly, the stock price may be pushed to fifteen yuan!" Bai Yuanwei pretended to be contemplative, and asked back: "What if the operation fails? Am I going to fulfill the offer obligation and spend 900 million or more to collect all the shares in your hands? Professor, you once told us about investment Risk class, I still remember some concepts and essentials, when the risks are unlimited and the rewards are limited, you must not act rashly!" Mr. Tang was quite disappointed, and he didn't quite believe it, "Yuan Wei, so you have really changed your mind?" Bai Yuanwei looked serious, "How can there be so much difference between good and evil in capital operations? It's nothing more than avoiding risks and seeking the maximum profit value!" He thought for a while, and then said, "Old man, I know that there are about 10 million shares in the Haitian department. In the stock market, you are eager to unwind, which I can understand! But you also know that this is not caused by me, it is caused by market fluctuations, and I am also a victim! Do you think this is good: If you want to partially reduce Hold on, I can consider liquidating positions and taking some over to reduce your financial pressure and avoid market volatility again! Professor, tell me from the bottom of my heart, I am the largest shareholder of Weiye Holdings, and I need stability and unity!" Mr. Tang was silent for a moment, and seemed a little moved, "Yuan Wei, do you really think so?" Bai Yuanwei's face was full of sincerity, "Yes, old man, now that the overall situation is settled, I am still the chairman of the board of directors of Weiye International. European euro funds are looking for high-return investment projects. How can I only focus on the stock market? Yes, I did some moves in the stock market before, but that was to deal with the provincial government! You recommended it to me I knew I had a chance, but I still didn’t follow you to speculate, so I did something and didn’t do something!” Mr. Tang seemed to be convinced. He sipped his wine and changed the subject, "Yuan Wei, Green Garden, you really lost a chance! Li Chengwen's wild dog followed us for a while, and not only did he get rid of the trick , and made more than one million yuan, and we won a complete victory, this is the most successful operation of our Haitian department in the two-year bear market!" Bai Yuanwei had no interest in this, and brought the topic to Weiye Holdings' liquidation agreement. If the liquidation is successful, a dangerous and uncertain time bomb will be ruled out, "Grandpa, let's not talk about the past, let's talk Weiye Holdings, can you and the Haitian department consider my suggestion? This is really my kindness!" Mr. Tang had no choice but to face it, "Yuan Wei, I know your kindness, let me think again!" The subsequent results were not good. Mr. Tang’s answer after consideration was: He believes in his students, and even more in the development prospects of Wenshan Iron and Steel and the entire steel sector. He is going to be a Buffett and hold Albert Holdings for a long time!The day before Bai Yuanwei and the Wenshan Municipal Government reached an agreement on the transfer of 25% of the state-owned shares, they ordered their securities department to deliberately sell short, but they failed to shake out the heavy steel in the belly of the Haitian Department. !