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Chapter 1085 Strong Acquisition

Chapter 1085 Strong Acquisition
The net profit of Laolonghu Group in the last fiscal year hit a record high.

With sufficient funds in hand, Liu Xiaoguang began to push forward his long-planned plan.The shipping industry that monopolizes the world.

Laolonghu Shipping Company is already the largest shipping company in the world, and the volume of goods transported accounts for more than half of the world's shipping industry.Not only that, Laolonghu Shipping Company has begun to replace solar-powered freighters to further reduce shipping costs.

However, even so, the old Longhu Shipping Company still does not have much say in the shipping industry.

Because the old Longhu Shipping Company has never been able to join the World Shipping Association.

Liu Xiaoguang also made several attempts, but was rejected by the other party for various reasons.

Later, Liu Xiaoguang simply stopped managing the so-called World Shipping Association.

Since you don't give me a chance to enter the circle, then I will create a circle by myself.

Under Liu Xiaoguang's instructions, all freighters on the Nanmizhou route of Laolonghu Shipping Company no longer pass through the Dosang Canal, but detour through the Sulais Canal.

The Mozambique Canal, the Dosan Canal, and the Sulais Canal are the three major canals in the world.

Among them, the Mozambique Canal connects Asia and Europe.

The Dosan Canal connects South America with the Eurasian continent.

The Sulais Canal connects North America and Eurasia.

The trade between Laolonghu Group and Nanmizhou is very frequent. In addition, Laolonghu Shipping Company is responsible for the business of other enterprises in Huaxia Kingdom in Nanmizhou. According to the statistics of Laolonghu Cloud Computing Center, the business volume of Laolonghu Shipping Company is 60.00% in Dosang. The business of the canal accounts for more than [-]%.

Many people in Laolonghu Shipping Company did not understand Liu Xiaoguang's decision.

Freighters have to travel nearly a thousand nautical miles to detour through the Sulais Canal, which increases the transportation cost of the old Longfor Shipping Company.

But Liu Xiaoguang has already made up his mind, "Don't worry, the money will be earned back soon."

Laolonghu Shipping Company began to carry out Liu Xiaoguang's order.In order to understand the energy contract, the Laolonghu Shipping Company first arranged several solar-powered freighters to be responsible for the shipping business in South Mizhou.

After going back and forth, Gasby Management Company, which is in charge of operating the Dosan Canal, found that something was wrong.

In the past month, the revenue of the Dosan Canal has been cut in half.

And, they found that this continued.

This aroused the vigilance of Gasby Management Company.

Gasby Management immediately began investigating, and soon they discovered the problem.

The largest customer of the Dosang Canal, the fleet of the Laolonghu Shipping Company, no longer passes through the Dosang Canal.

Gasby Management Company immediately contacted Laolonghu Shipping Company to inquire about the reason.

The answer given by the Laolonghu Shipping Company is that the Laolonghu Shipping Company has reached a strategic partnership with the Sulaishi Canal. In order to support the business of the Sulaishi Canal, all the cargo ships of the Laolonghu Shipping Company in Mizhou are from Sulai. The Canal passes by.

This answer confused Gasby Management.

Strategic partnership?Isn't this nonsense, can a strategic partner company be used as money?The old Longhu Shipping Company transported goods through the Sulais Canal, and the cost increased by not a little bit.

Gasby Management Company is not stupid, and immediately understands that the old Longfor Shipping Company has ulterior motives.

Wallace, the vice president of Gasby Management Company, immediately came to Liancheng to visit the general manager of Laolonghu Shipping Company, Meng Xiaojun.

Wallace is a very straightforward person, and he directly offered to give the old Longhu Shipping Company a [-]% discount on the toll.

In Wallace's view, this was an irresistible discount.Old Dragon Lake Shipping Company is the largest customer of Gasby Management Company. If Old Dragon Lake Shipping Company terminates its cooperation with Gasby Management Company, it will bring a devastating blow to the company.

Otherwise, Gasby Management Company would never provide such a big discount to the old Longfor Group.

Meng Xiaojun looked at Wallace opposite, with a smile on his face.

He secretly sighed in his heart, Mr. Liu is really a genius, and things went exactly as he expected.

Wallace looked at Meng Xiaojun's smile and felt a little panicked. He could feel that this Chinese man was hiding some kind of conspiracy.

Sure enough, what Meng Xiaojun said next shocked Wallace.

"Old Dragon Lake Shipping Company wants to acquire 30.00% of the shares of Gasby Management Company. Of course, if you want to sell more, we can accept it. As for the price, we are willing to purchase at a premium of [-]% based on the current market value .”

Only then did Wallace understand the true purpose of the old Longhu Shipping Company.

"I can't decide this matter, I need to discuss with the management." Wallace did not give a reply on the spot, but left immediately and returned to the company.

Wallace conveyed the request of the old Longfor Shipping Company to the management of Gasby Management Company.

The top executives of Gasby Company were collectively shocked.

Before Wallace met Meng Xiaojun, they had made various guesses about the purpose of the old Longhu Shipping Company.

But they never expected that the old Longhu Shipping Company would want to take a stake in Gasby Management Company.

Steve, the chairman of Gasby Management Company, immediately held a board meeting to discuss countermeasures.

After hearing that the old Longhu Shipping Company wanted to take a stake in Gasby Management Company, the gray-bearded and flushed director Johnson immediately expressed his objection, "Want to buy shares in Gasby Management Company? These damned guys want to annex Our company will never allow them to succeed."

"It's a big deal not to do business with the old Longhu Shipping Company, but you must never sell the shares to them."

"Gasby Management is self-sufficient and there is no need to bring in foreign capital at all."

……

Most people expressed their opposition to the acquisition plan of the old Longhu Shipping Company.

However, the chairman, Steve, kept silent, just watching the crowd quietly to vent their dissatisfaction.

"Gasby Management Company's revenue dropped by nearly 50.00% last month. If the old Longfor Shipping Company decides not to pass through the Dosan Canal, then Gasby Management Company is likely to face losses." Wallace expressed a different opinion.

"We can look for other customers. The shipping companies in the world are not the only ones from Laolonghu." Johnson was furious.Because of his anger, his already ruddy face turned even redder.

"The Dosang Canal mainly communicates with Asia and South America. The Laolonghu Shipping Company almost controls 70.00% of the cargo transportation. There are no other customers at all, which can offset the losses caused by the withdrawal of the Laolonghu Shipping Company."

Wallace's words made the meeting room fall into silence.

Everyone did not expect that the old Longhu Shipping Company had such a great influence on Gasby Management Company.

(End of this chapter)

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