Homecoming of Rebirth

What Liu Ji declared to the outside world is that Yujin Company has sales licenses and approval documents from the mainland, and this is the basis for cooperation with Yujin. This is a bold attempt and a feat.

In the 90s, there were indeed access permits and approval documents. If ordinary people cannot obtain these procedures, they cannot engage in computer-related businesses in the Mainland.

Liu Jixiang's decision gave Hong Kong Imagination a precious and unobtainable import license and approval document.

Of course, Imagination with the Chinese prefix is ​​still wholly-owned by the Chinese Academy of Sciences, so it is normal to not get permission and approval!

As for why it is Yu Jin, there is no need to speculate on any other relationship.

do not mind the details.

In short, such a corporate structure was born, Hong Kong Imagination is responsible for the agency business, and Beijing Imagination is responsible for the manufacturing business.

This pattern lasted until 1994, before Hong Kong's Imagination sought to be listed on the Hong Kong stock market, and then Liu Jixiang's peerless businessman came again.

In order to meet the listing conditions, the three shareholders of Hong Kong Imagination will conduct a round of capital increase and share expansion (1).

However, among the three shareholders, [Technology Transfer Company] has completed its historical mission, and does not intend to continue to maintain the shareholding ratio of Changxiang in Hong Kong, so it does not intend to increase capital.

Yujin Company claimed that it had no money and was unable to increase capital.

But at this time, [Jingcheng Imagination] raised 1270 million US dollars, which is about 1 million RMB, and planned to inject it into Hong Kong Imagination.

Here comes the problem. If calculated according to the assets of Hong Kong Imagination at that time, if this 33.33 million is injected, Beijing Imagination's shareholding ratio will explode from 90...% to more than [-]%, and the other two will be completely marginalized.

Therefore, Liu Jixiang borrowed 1270 million of the 550 million U.S. dollars raised by Jingcheng Imagination to Yujin Company based on the principle of not forgetting the well diggers when drinking water, showing loyalty, and complying with the state-owned assets reform at the time and the principle of mixed capital holdings.

Let Yujin take the money from Beijing Imagine to increase its holdings in Hong Kong.

After all, I used other people's access permits and import channels before, so I can't throw it down and enter.

The final equity ratio is, "[Jingcheng Imagination Holdings] 53.3%; [Yujin Company] holds 43.3%; [Technology Transfer Company] became 3.4% because there was no capital increase."

And then, Liu Qicai made an even more coquettish operation.

[Hong Kong Imagination] After listing, not only did it not get better and better, but it fell into dregs, and the agency business was not doing well day by day.

In 97, each share fell to only 0.29 Hong Kong dollars per share, twenty-nine cents... a fighter among garbage!

According to this market value, the 43.3% held by Yujin Company will be sold, and it will not be able to repay the capital increase of US$550 million borrowed by Jingcheng Imagine.

Hong Kong Imagination is now an empty shell.

On the contrary, [Jingcheng Imagination] is already the number one in the country because of its booming computer business, earning a lot of money.

The PC business has also become the core business of Imagination, not one of them.

Liu Ji looked at it, this is not good, Hong Kong Changxiang will be completely cold if it is not rescued!

As a result, Liu Jixiang made another wave of coquettish operations driven by the general trend, donating righteousness to donate money, magical pens, and the world, and they seemed very reasonable.

He spun off the computer business and assets of [Jingcheng Imagination] and injected it into Hong Kong Imagination... to continue his life!

It's just that I really can't figure it out, how can a company that exists as an agency business for licenses and approvals be reluctant?Yujin's friendship with the company is also big enough, why can't he let it go?

Of course, don't worry about these details.

Anyway, after this wave of operations, Hong Kong imagines that it will be resurrected in situ and become holy immediately.

However, Beijing Imagination has become an investment company without physical business, while Hong Kong Imagination has survived.

No, there is a physical business!

In the past few years, Liu Jixiang saw the right direction and invested in a wave of real estate, which is worthy of the name of the real estate company under the Institute of Economics and Economics.

At this time, Hong Kong Imagination, which is the entity [Imagination Group], has a shareholding ratio of more than 70% of [Imagination Holdings] (Beijing Imagination), less than 2% of Technology Group, and more than 20% of Yujin Company.

After two or three years of dilution in the secondary market, as well as Imagination Investment, actively reduced its holdings. By 2000, Imagination Investment probably held more than 40% of the shares, Yujin less than 20%, and the rest were minority shareholders.

This is the equity allocation of the Imagine Group.

Don't worry, it's not over yet, [Imagination Group]'s major shareholder is [Imagination Holdings].

[Imagination Holdings]'s equity has not been harvested... No!It's done!

In fact, until 97, Imagination Holdings, the original [Jingcheng Imagination], was 100% state-owned.

Only after 97, Liu Jixiang first persuaded the Institute of Planning and Design to take out 35% of the shares as employee stock holdings.

That is, the imagination of the world is created by the employees, and the Institute of Planning and Planning should give the employees a benefit.

This wave of operations can be called a classic of buying people's hearts.

It became 65% of the shares of the Institute of Planning and Research, and 35% of the shares of Imagination employees.

Later, Fanyang Investment Lu Zhiqiang, who had a close personal relationship with Liu Jixiang, obtained 29% of the shares of Imagination Holdings sold from the Institute of Planning and Development through a public offering.

There is no problem with this wave of operations, they are all reasonable and legal.

Public offering, anyone can buy.However, Pan Ocean was lucky, and only Pan Ocean bid.

Just say, is it a coincidence?

(The Oceanwide story happened in 2009, and the plot needs to be played in advance. In addition, the fantasy in the book has nothing to do with reality! This story is purely fictional, and any similarities are purely coincidental.)

Therefore, the shareholding structure of Imagination Holdings is now: 36% for the Institute of Planning and Design, 35% for the Employee Stock Ownership Conference, and 29% for Pan Ocean Investment.

On the surface, it's still okay?The Institute of Planning and Design is still the largest shareholder, and it is still the country.

But the problem is...

The actual situation is: Liu Jixiang personally, through a series of operations such as the general meeting of shareholders, the board of directors, and joint shareholding, the company's shares that can be manipulated and made decisions now are 44%!

That's right!

Do you think that employee stock ownership is really issued to front-line employees?Liu Jixiang and a group of high-level executives controlled most of the 35% of the shares through original distribution, repurchase, etc.

In addition to Pan Ocean's shares, Liu Jixiang has 9 seats on the board of directors. He has actually grasped the decision-making power of Imagination, and has firmly controlled Imagination in his own hands.

"so……"

When Mr. Nan finished talking about God Liu's capital operations like a god's help, his dodging and dodging, and his true nature as an entrepreneur, everyone's heart sank.

I heard that the shareholding structure of Xiangxiang is a bit complicated, but I didn't expect it to be so complicated.

Tang Chenggang, who was "on the sideline", didn't intend to interrupt at first. This is all big bosses, so how can he speak?

But I couldn't hold back, holding a small book, "So, we only need to control the Imagine Group, which is the majority of shares in Hong Kong Imagine?"

Pointing to the small blackboard, "Imagination Holdings holds more than 40% of the shares in Imagination Group. We only need to go to Hong Kong to acquire the shares in the secondary market, as well as Yujin Company, and we can actually control Imagination's computer manufacturing!"

This is the simplest logic, don't worry about the mess of Imagination Holdings.

But he didn't want to, Old Nan chuckled, "No way!"

Tang Chenggang stared, "Why!?"

Nan Lao said, "Even if you take over Yujin Company, you will wipe out all the shares in the stock market and occupy the majority of the shares, that won't work!"

"Because, the computer business is nominally under Hong Kong Imagination, but the actual control is still under Beijing Imagination."

"That is to say, everything from management to technology to sales channels is in Beijing."

Tang Cheng just understood, "That is to say, the acquisition of Hong Kong Imagination is just a name for the computer manufacturing, but it is a mess!"

Old Nan, "Yes! If Liu Jixiang wants to play tricks on you, he can immediately stop the computer business."

"It even separated from Hong Kong's Imagination, and transferred personnel to rebuild the factory."

Tang Chenggang, "Then what about controlling Changxiang in the capital?"

He couldn't help but look at Lao Qin, and not only Tang Chenggang, everyone looked at Lao Qin.

He amused Lao Qin, "Don't think about it, it's not that simple."

"Even if the Institute of Design and Research sells out all of its shares, you can deduct some shares from the workers' meeting to make up more than 51%."

"But for the same reason, the computer business is in the hands of Hong Kong Imagination."

"If Liu Jixiang makes troubles in Hong Kong and cooperates with Yujin and small shareholders to control Hong Kong's imagination in reverse, then the computer business is legally owned by others, and it will be even more chaotic!"

Everyone rolled their eyes, "That is to say, there is only one possibility to become the owner of Imagination, and that is to win Imagination in Hong Kong and blossom in the capital!"

"Otherwise, it's meaningless to take it over, it can't be accepted, and it can be produced directly?"

Qi Lei said, "It's probably the case."

Well, everyone understands, hell difficulty?Both ends have to be taken!

At this time, Grandma Chang clapped her hands, "Come on, cheer up!"

Pointing to the order of 140 million units, "Isn't there a prerequisite?"

Looking at Qi Lei, "What other 'preferential policies' do you have, tell me quickly."

Qi Lei thought for a while, "It seems to be gone."

Everyone: "..."

He wanted to strangle Qi Lei to death.It really complied with the sentence, how bold people are and how productive the land is!

You are only responsible for blowing, and we will chase after you.

……

However, complaints are complaints, and work still needs to be done.

There are Grandma Chang who is engaged in macroeconomic planning, Wang Wenli who is engaged in securities, top economists Mu Zhengming and Sun Jiayi, and barrister Lin Wanxiao who is a business law lawyer.

There is also Nan Guanghong who knows Imagination best and wants to kill him the most!

There is also Wu Lianshan, an accountant who has just returned from advanced studies.

Including Qi Lei, Uncle Geng, and Tang Chenggang, three profiteers!

This is the most luxurious business lineup that Qi Lei can assemble.

If you ponder an imagination, you can still come up with a little way.

three days!Everyone was locked in the small building of the Tang family for three whole days.

It was not until the afternoon of New Year's Eve that a preliminary framework was drawn up.

From attacking the stock market to attacking shareholders, from layer-by-layer differentiation to concentrated attack, there is finally a clue.

Even Grandma Chang didn't go back to celebrate the New Year, because of Qi Lei, she didn't leave here.

Qi Lei owes him too much favor.

During this period, Wu Xiaojian and Xu Xiaoqian always came to join in the fun.

After the holiday on the 21st, I spend all day here.

For nothing else, the opportunity is rare!Such a luxurious "conspiracy team" would be difficult to gather for the second time.

The two had the same idea as Tang Chenggang, gaining knowledge and learning things.

At this time, Grandma Chang breathed a sigh of relief, "It's almost over, after the new year, there are a few more days to improve the details, and you can implement it!"

Qi Lei was very grateful, "Aside from being a grandson-in-law, what do you always ask me to do?"

Grandma Chang pinched Qi Lei's neck, like treating her younger generation: "Silly boy!"

"I am such an old woman, what else can I ask you to do?"

"Don't let so many people down, just have so many expectations!"

After Qi Lei listened, he knew that these words were extremely important.

It is not so much the expectation of an old lady who has studied policy all her life for the younger generation, but it is the entrustment of one generation to the next.

It's kind of like: "The future is in your hands, don't mess it up, and pass it on to the next generation someday."

Qi Lei was silent for a long time, nodded heavily, "I will try my best!"

After hearing this, Chang Lanfang was a little relieved, but didn't say any more.

Qi Lei has already done a good job, we can't put any more pressure on him.

Changing the subject jokingly, "The old woman is very curious..."

Looking at the draft paper in the room, "This plan, although I haven't come up with specific details yet, but I guess..." Looking at Wu Lianshan, "Six to seven billion funds... at least?"

Over there, Wu Lianshan's eyes were red, and he didn't know how many times he had counted them.

Hearing Chang Lanfang's words, "Old Chang is so smart, I can count this number!"

Chang Lanfang nodded, and looked at Qi Lei playfully, "Sixty or seven billion, where did you get so much money?"