Hong Kong variety show: Building a century-old family, starting with Hung Hing
Chapter 343 Printing Industry
Jiang Tiansheng nodded: "Don't worry, Boss Lin. We can discuss any issues at any time."
Go and prepare first, figure out how to utilize the minority shareholders, how to create 'stirring up trouble'—you need to plan all of that carefully.”
Lin Luoqi replied, "Okay, Mr. Jiang."
After dealing with Lin Luoqi, Jiang Tiansheng and Luo Qixing went to Longyun Building in North Point to discuss the acquisition with Mu Jisheng, the owner of Shengyun Printing Co., Ltd.
Upon arriving at Shengyun Printing Company, Jiang Tiansheng and Luo Qixing met Mu Jisheng. Jiang Tiansheng got straight to the point:
"Mr. Mu, we're here to discuss acquiring your company. We heard you're considering selling it because of your wife's surgery costs?"
Kiyoshi sighed and said, "Yes, my wife urgently needs the money for her surgery. I have no choice but to sell the company."
Jiang Tiansheng then asked, "Mr. Mu, what are your thoughts on the selling price of the company?"
Muji Sheng said, "I don't really know much about it either. Anyway, all the company's equipment is here. You can give me a price."
Jiang Tiansheng looked around at the equipment and said, "Boss Mu, this company is more than just these pieces of equipment."
The company's business and reputation are both valuable.
Luo Qixing was a little confused, so Jiang Tiansheng explained to him, "Luo Qixing, these devices themselves may not be worth much money."
However, the company's existing business, stable customer base, and established reputation in the industry are all intangible assets.
Jiang Tiansheng then said to Mu Jisheng, "Mr. Mu, we'd like to offer 57 yuan to acquire your company. What do you think?"
Kijimori hesitated for a moment and said, "Isn't this price a bit low?"
Jiang Tiansheng patiently said, "Boss Mu, you know the current market situation. Equipment alone isn't worth much money."
However, after the acquisition, we will integrate resources to further reduce costs and improve efficiency, so that the company's value can be truly realized.
Moreover, 57 yuan can also solve your wife's urgent need for surgery fees.
Kijimori thought for a moment and said, "Alright, for the sake of getting the money for my wife's surgery as soon as possible, we'll go with the price you offered."
Jiang Tiansheng said, "Boss Mu, it's settled then. We'll process the relevant procedures as soon as possible."
Kiyoshi nodded: "Okay."
After leaving Shengyun Printing Company, Luo Qixing asked Jiang Tiansheng, "Tiansheng, now that we've acquired this company, how do we integrate the business?"
Jiang Tiansheng said, "Luo Qixing, let's integrate Shengyun Printing Company's existing business with your existing printing equipment."
Optimizing the production process and reducing repetitive steps can lower costs.
Furthermore, the two companies can share customer resources, expanding their business scope.
Luo Qixing then asked, "What about the personnel arrangements?"
Jiang Tiansheng said, "We first evaluate the employees and keep those who are capable and experienced."
For some repetitive positions, adjustments can be made appropriately. However, this process must be smooth and should not disrupt normal business operations.
Luo Qixing replied, "Okay, Tiansheng. I understand."
Back at the company, Luo Qixing sat to the side, looking somewhat nervous.
Jiang Tiansheng glanced at him and said, "Qi Xing, I know your business acumen isn't quite there yet, but you can learn that gradually."
"Our Luo family needs to expand now; we can no longer proceed gradually. We need to be more adventurous."
Luo Qixing nodded and said, "Tiansheng, I'll listen to you. But I'm still a little worried, afraid that I won't do a good job."
Jiang Tiansheng said, "Don't worry, I plan to let my father, Luo Zegui, manage Shengyun Printing Company this time. You will first serve as the deputy general manager and gradually learn management experience from him."
Although I'm not very familiar with the printing industry, we have the courage and financial resources, so we should seize the opportunity.
Luo Qixing asked, "Tiansheng, what are the specific steps after the acquisition?"
Jiang Tiansheng said, "First, we will stabilize the company's existing business, and then gradually integrate resources and optimize processes."
You need to pay close attention to each step, and ask questions if you don't understand something.
Luo Qixing replied, "Okay, Tiansheng, I will definitely study hard."
Jiang Tiansheng wasn't really interested in the printing industry; he preferred companies that offered stable income.
Industries like jewelry, buses, gas, or electricity companies are seen as providing a solid economic foundation for the family.
He thought that before he could truly make a fortune, he needed a stable company like this as a foundation for his family business.
In the office of the Paramount Restaurant Company, Jiang Tiansheng and Su Qishan were discussing the company's future development plans.
Jiang Tiansheng said, "Su Qishan, the information about the Sham Shui Po warehouse must be kept confidential."
I plan to convert those warehouses into parking lots and sell them; that should make me some money.
Su Qishan nodded: "Okay, Mr. Jiang. What are the specific plans for the renovation and sale?"
Jiang Tiansheng said, "You should first contact the relevant engineering team to assess the cost and time of the renovation."
Regarding the sale, conduct thorough market research beforehand and identify potential buyers.
Su Qishan replied, "Okay, Mr. Jiang, I'll take care of it right away."
Jiang Tiansheng added, "Also, have you been paying attention to the Peak Tower in Sheung Wan, which is about to be completed?"
I'm very interested in it and plan to buy the entire building.
Su Qishan was somewhat surprised: "Mr. Jiang, Shifeng Building is a medium-sized commercial building with a market value of about 7000 million yuan. This is a big problem for our company."
Jiang Tiansheng said, "I know it will be difficult, but once the acquisition is successful, the company's market value will increase significantly. You should first learn about the details of the building, including ownership and tenants."
Su Qishan said, "Okay, Mr. Jiang, I will take care of it as soon as possible."
Just then, Jiang Tiansheng's phone rang. After answering the call, his expression changed, and he said to Su Qishan:
"I have something urgent to take care of. Just do as I say."
It turned out that Jiang Tiansheng had received news that Kowloon Motor Bus Company's stock price was fluctuating abnormally, and that Sun Hung Kai Properties seemed to be accelerating its acquisition efforts. He immediately went to Sun Hung Kai Securities to meet with Bai Jinyan.
As soon as Jiang Tiansheng saw Bai Jinyan, he asked, "Miss Bai, what is the current situation of Kowloon Motor Bus Company's stock price?"
Bai Jinyan said, "Mr. Jiang, the stock price has already risen to 5.3 yuan, and it is still fluctuating."
We only have 93 yuan left.
Jiang Tiansheng said, "It seems that the Lei family may have taken emergency measures."
This made Sun Hung Kai Properties nervous. "We need to figure out a way to deal with this."
Bai Jinyan asked, "Mr. Jiang, what exactly do we need to do?"
.........
Jiang Tiansheng said, "Use the remaining funds to place high-priced buy orders and acquire small shares to try to raise the stock price as much as possible."
Even with limited funds, we still need to create some volatility.
Bai Jinyan reminded him, "Mr. Jiang, we don't have enough funds, so this operation is quite risky."
Jiang Tiansheng said, "Now we can only rely on this 93 yuan. Miss Bai, I'm giving you the autonomy to decide what to do."
If it's really beyond my capabilities, I'll handle it myself.
Bai Jinyan said confidently, "Mr. Jiang, don't worry, I can handle this test."
. ... ..
Jiang Tiansheng nodded: "Okay, report to me any situation immediately."
To drive up the share price of Kowloon Motor Bus Company (KMB) and generate profits, they'll have to use their brains.
Jiang Tiansheng found a reporter from the Oriental Daily and had a conversation with him.
Jiang Tiansheng said, "I have some news here about the unusual fluctuations in the share price of Kowloon Motor Bus Company."
You could write a report implying that Sun Hung Kai Properties might be involved in the acquisition. If you write a good one, you'll definitely get some benefits.
After considering it for a moment, the reporter said, "Okay, Mr. Jiang, I will write it as you say."
Soon after, the Oriental Daily News published a report on the matter. The next day, when the stock market opened, Kowloon Motor Bus's share price indeed rose sharply.
Seeing that the time was right, Jiang Tiansheng immediately instructed the staff of Paramount Company and Sun Hung Kai Securities to use all their funds to buy Kowloon Motor Bus shares.
After a series of transactions, Paramount Company held 98.5 shares of Kowloon Motor Bus.
As the stock price continued to climb, it approached 7 yuan.
Jiang Tiansheng is worried that Sun Hung Kai Properties may not continue to push forward with the acquisition, and if that happens, the stock price may fall.
So he decided to start selling off his shares gradually once the stock price reached 7.5 yuan.
Jiang Tiansheng arrived at the HSBC trading floor, his eyes fixed on the KMB share price movement.
Before the midday break, the stock price had already risen to 6.6 yuan.
Some experts predict that the stock price may rise to over 8.5 yuan.
But Jiang Tiansheng dared not take the risk; he was still worried that the acquisition would suddenly be terminated and the stock price would plummet.
Therefore, he insisted on sticking to his plan and prepared to start selling small amounts of shares at 7.5 yuan.
In the afternoon, the situation changed again. The Lei family joined the rush to buy Kowloon Motor Bus shares, and the share price quickly broke through HK$7.
Jiang Tiansheng seized the opportunity and successfully sold 326,000 shares between 3:30 and 4:00, raising 242.8 million yuan.
At that time, he still held 78.4 shares.
Jiang Tiansheng immediately instructed Zhang Taotao: "Tomorrow, continue to sell small amounts of stock above 7.5 yuan. Make sure to secure profits."
Zhang Taotao replied, "Okay, Mr. Jiang, I understand."
Meanwhile, at the Paramount Company, Lin Luoqi was waiting for Jiang Tiansheng.
As soon as the two met, they began to talk about the power struggles within the Lin Luoqi family.
Lin Luoqi said, "Tiansheng, I indirectly passed on the information about Lin Luoxun's embezzlement of funds to the minority shareholders of Haofeng Real Estate. Now the family is in complete chaos."
Jiang Tiansheng analyzed, "In that case, Lin Zuhui will probably announce the results of the handling at the family meeting."
However, it's still uncertain whether you'll be able to secure management rights for Kidd Properties.
Lin Luoqi said, "Even if I can't get management rights, I'll be satisfied if I can weaken Lin Luoxun's power."
Jiang Tiansheng nodded: "You made a good move. By the way, how's the hype going at the Causeway Bay shopping mall?"
Lin Luoqi said, "It's too difficult. I've turned to Kowloon city to look for investment opportunities."
Jiang Tiansheng suggested: "You can take a look at the shopping malls near Mong Kok. I think those places have investment potential."
Lin Luoqi said, "I plan to let Yiren Real Estate Company hold these shopping malls for the long term, and then sell them when the market matures."
Jiang Tiansheng said, "That's a good idea. By the way, tell me about Dehe Real Estate Company's project too."
Lin Luoqi then explained in detail to Jiang Tiansheng some of the projects of Dehe Real Estate Company.
After finishing his remarks, Jiang Tiansheng steered the conversation toward the company's future development plans.
Jiang Tiansheng said, "Boss Lin, we can't just look at these projects right now. We need to think about where the company should develop in the future and how to plan it."
You'll Also Like
-
Water Margin: The opening scene involves assassinating Emperor Huizong of Song and forcibly taking L
Chapter 2778 1 hours ago -
Pirate: I broke Akainu's defense with a bucket of water.
Chapter 204 1 hours ago -
In the beginning, he was ranked alongside An Shigeng as a spoiled brat.
Chapter 844 1 hours ago -
A realistic recreation of anime, and you call this tennis?
Chapter 144 1 hours ago -
A list of the top ten main characters: Ye Wenjie from the Three-Body Problem at the beginning.
Chapter 198 1 hours ago -
Watching the movie! It brought a small shock to the heavens!
Chapter 482 1 hours ago -
Chat group becomes Dark Raven Investment Multiverse
Chapter 289 1 hours ago -
Anime Crossover: I Was Chosen by a Goddess and Became the Demon King
Chapter 216 1 hours ago -
Traveling Through Journey to the West: I Am the Dragon King
Chapter 81 1 hours ago -
Primordial Era: The Ten Deadly Formations are Broken, Shen Gongbao Asks Me to Come Out of the Mounta
Chapter 246 1 hours ago