Inside a luxury hotel on Nanhuai Road Pedestrian Street.

Chen Mo was sitting on the leather sofa in the presidential suite, with a laptop as heavy as a brick placed in front of him.

Although the computer seems so bulky compared to computers more than 20 years ago, it is the latest model in 2002, the highest-configuration laptop, and the price exceeds 100,000 yuan.

On the computer screen, the video conversation window of Moxun TT is in a maximized state.

The resolution of 720p and the bandwidth of 10 make the video call extremely smooth and clear.

In this era, this kind of Internet speed and resolution are enough to make people who have never played with computers say "Wow"!

In the video window, Han Li wrote the names of eight companies on a blackboard and introduced:

"Mr. Chen, look at the eight companies I drew on the blackboard."

"I checked and found that the Du family owns 30% to 40% of the shares in eight companies, including Qinghong Group, Qinghong Real Estate, Qinghong Capital, and Qinghong Real Estate."

"Originally, I thought Qinghong Group's equity distribution was the same as ours, with one parent company and multiple subsidiaries."

"If this is the case, we can defeat them one by one in the same way as clearing strongholds in the game. We don't even have to rush for a while and engage in takeover wars while making money. It will be no problem to win them one by one for ten or eight years."

"But now..."

Han Li said that the names of eight listed companies on the blackboard were connected with a circular line to form a ring.

"Hmm? Iron chain ship? The Du family's Qinghong Group is a circular holding company?"

Chen Mo said slightly surprised.

"As expected of a boss, you can tell the truth!"

Han Li flattered him and continued:

"Yes, it is exactly what you said. The Du family is a circular holding company. The Du family owns 30% of the equity of Qinghong Capital, and Qinghong Capital owns 30% of the equity of Qinghong Real Estate in the name of the company."

"By analogy, each subsidiary controls other subsidiaries and is the largest shareholder of other companies, with a veto power."

"In a final twist, Qinghong Financial Group is linked to Qinghong Capital again. It owns 30% of Qinghong Capital's equity."

"This kind of circular holding method where you have me and I have you, it is no longer possible to use the traditional clearing point method to fight acquisition wars..."

After hearing this, Chen Mo frowned and said, "I encountered this kind of circular holding when I first started out in the stock market and competed in the stock market. Do you remember it?"

Han Li nodded: "Of course I remember! The boat is chained with iron, just like walking on flat ground. If you want to defeat Cao's soldiers, you need to attack with fire!"

This is a classic stock war case in the history of A-shares, and it is a must-see for those of us traders who are getting started! "

Chen Mo: "Then this acquisition war, can't it be like my stock war? Can't we focus on acquiring Qinghong Capital and let the other seven companies destroy themselves?"

Han Li smiled bitterly and shook his head: "I'm afraid not."

"The move you played before was in A-shares, but the Du family's companies are all listed on the US stock market, and the rules are very different from those of A-shares."

"Now that Du Yong is playing a circular holding, he is taking advantage of the rule that higher-level companies can directly inject capital into lower-level companies to expand their equity."

Chen Mo suddenly understood.

Once a listed company is capital injected, the original equity ratio will be diluted.

For example, the total market price of Qinghong Capital is 500 billion. Chen Mo and Zhou Benshui spent 200 billion to acquire 40% of the equity of Qinghong Capital, becoming the largest shareholder of this company and fully controlling the company. The right to speak.

but!

In this case, Qinghong Financial, the parent company of Qinghong Capital, suddenly made a request to inject capital to increase its share capital. For example, if it injects 100 billion yuan, the equity of Qinghong Capital will change.

In this case, Qinghong Capital’s total position will expand to 600 billion.

Unless we follow up in proportion and also inject capital and increase shares, the company's largest shareholder will still have veto power, Qinghong Financial, which is the Du family.

In the case where the company's largest shareholder is the Du family, Chen Mo can be knocked out of the game by doing just a few tricks without even having to pay any price! ! !

Money was spent, but in vain!

Seeing that Chen Mo understood, Han Li continued: "It seems that boss, you have already thought of injecting capital and increasing shares, right?

If we follow up and invest funds, the Du family can also concentrate all the capital of the other seven listed companies in the company we acquired through level-by-level transmission. "

"Once these funds are injected, the stock price of that company will skyrocket, the acquisition cost will increase several times, and the total market price will become an astronomical figure that we can't even imagine!"

"The final result is probably that we bought one company with the money we spent on eight head offices."

"Let's not talk about whether we have enough funds to complete the acquisition. Even if the acquisition is really completed, when the tide goes out and the stock price plummets, it is equivalent to buying something for 1 yuan with 100 yuan, and the loss will be dead!"

"So, if you really want to destroy the Du family, you must acquire these eight companies at the same time to prevent the eight companies from injecting capital into each other."

"But this is impossible! The amount of funds required for simultaneous acquisitions is too huge. During the acquisition process, the Du family can completely let the news out and let the stock prices of the eight companies soar. By then, large numbers of retail investors and institutions will listen If someone wants to acquire a company, they will definitely rush in to compete with us for chips. An acquisition that might have cost 500 billion yuan to complete may end up costing 2 trillion yuan, or even 5 trillion yuan!"

Chen Mo frowned slightly.

Is this an unsolvable situation?

It is absolutely unfeasible to use sky-high funds to engage in acquisition wars!

Because even if the acquisition is successful, the loss is so huge, it is equivalent to spending money to buy a superficial victory.

Chen Mo will never do loss-making business!

Furthermore, Chen Mo doesn't have that much money.

Chen Mo crossed his hands together, put his elbows on the table, and put his mouth behind his hands, as if thinking.

He had never thought about such a complicated situation and had never encountered it before.

a long time.

Chen Mo sighed: "Sure enough, the Du family can rise in the magic city and overthrow An Shang, which has been inherited for hundreds of years. It is not that easy to deal with."

He waved his hand and said in a deep voice: "Han Li, let's make a tentative attack first. Use the fastest speed and lowest cost to acquire 31% of Qinghong Capital's shares and see how the Du family reacts."

The war has begun.

It was impossible for Chen Mo to back down.

Otherwise, when the Qinghong Chamber of Commerce becomes a threat and members unite to attack Chen Mo, there will no longer be a place for Chen Mo in Daxia!

At present, we can only do tentative operations first and then continue to think of solutions.

"Yes, boss!"

"Everyone, take action!!! Target Qinghong Capital and initiate an acquisition!!!"

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like