What Sun Dahai is interested in is Qiu Xinjie's potential.
The work attitude, psychological quality and professional qualities she showed when she was serving Sun Daifuku Securities made Sun Dahai decide to try to train her.
The most important point is that when she was discussing stocks with Sun Dahai, she showed that she had a certain degree of predictability about the market and individual stock trends.
This is an unconscious feeling that can also be summarized as a personal talent. For traders, this will be a very important ability.
It's a pity that Sun Dahai has been a man for two generations, but he still doesn't know how to discover, cultivate and exercise this ability, although he also has such a talent.
Therefore, Sun Dahai prompted Qiao Wanting to come forward to recruit her. As the company grows, talent gaps will continue to appear. Rather than poaching people at the last minute, it is better to reserve talents in advance and cultivate them through the company's system.
Effective employee promotion channel.
Although the plan was approved by Sun Dahai, Qiu Xinjie and the others were not relaxed at all. They had to make a detailed plan as soon as possible after returning.
Gao Yi had already started calling the capital. Lan Sili needed to send someone to Xiangjiang immediately. As the nominal protagonists, they had to closely cooperate with the project team's plan and be fully involved in the project.
Gao Yi did not directly contact Lansili Clothing Company or Landa Clothing Factory. She found Huang Feifei and asked Huang Feifei to come forward to make specific arrangements.
As an independent economic entity, Lansili Clothing Company has no direct legal relationship with the Food as Heaven System or Sun Dahai's Future System.
Looking for Huang Feifei at this time has nothing to do with the fact that she is the general manager of Shiweitian. She is also the general manager of Sun Investment Company, which is also the largest shareholder of Lansili Clothing Company.
Let Lansili Clothing Company find a suitable opportunity to be listed in Xiangjiang. This was planned at the beginning of Lansili's establishment, otherwise it would not sell internal shares to employees.
It’s just that everyone originally wanted to wait for Lansili to develop for three to five years before applying for listing in Xiangjiang. Unexpectedly, there would be an opportunity for a backdoor listing now.
The Hong Kong stock market is currently in a slump, and overall stock prices are at a relatively medium-term bottom. In such a general environment, it is not suitable for companies to list and issue new shares.
However, it would be a good opportunity to take advantage of the low stock price at this time to achieve the purpose of backdoor listing by acquiring shares of listed companies.
Sun Dahai had never thought about arranging for Lan Sili to be listed so early. He originally planned to wait until he was stationed in Xiangjiang before handling these matters.
However, Luo Wanli's small move before the bet ended was to directly give 9.3% of Tianya International's shares to Sun Dahai. Sun Dahai had no choice but to look embarrassed and accept it with a happy heart.
Although unpopular stocks like Tianya International can barely survive on meager profits and have not entered the ranks of loss-making companies, the company's operations have been weak due to long-standing grievances within the company.
The equity of Tianya International is dispersed, the major shareholders are no longer interested in running the business, and there is no strong market leader. After Sun Dahai obtained nearly 10% of the shares of Tianya International, completing the acquisition was a relatively simple matter.
If the acquirer acquires a listed company with relatively concentrated equity, the acquirer only needs to negotiate with several shareholders to acquire their shares, and most of the entire acquisition work is completed.
When acquiring listed companies with dispersed equity, although it is easier to collect floating chips in the market, it can easily cause shareholders to hold shares waiting for an increase, increasing the acquisition time and difficulty.
Therefore, Sun Dahai made a special announcement in advance in the announcement issued by the Stock Exchange today that he would reduce his holdings of Tianya International shares.
In fact, this is a language trap. Sun Dahai only prompts to reduce stock holdings by no more than 0.5% every week, and there is no minimum limit on stock reduction, which means that he does not necessarily have to reduce stock holdings.
This was a hint in his mind that Sun Dahai wanted to use this to suppress the rise in stock prices caused by Luo Wanli's forced acquisition, and at the same time lower shareholders' expectations for the market outlook, so that he could continue to acquire stocks at low prices.
The main reason why Sun Dahai wants to control the stock price of Tianya International is not the price factor. For a stock like Tianya International with a price of less than 100 million Hong Kong dollars, even if Sun Dahai's acquisition cost is more than 18 million Hong Kong dollars, it is not at all
question.
The problem lies in the control of equity!
The current largest shareholder of Tianya International only holds 19% of the shares. Therefore, during the discussion just now, someone proposed to acquire another 20.7% of the shares of Tianya International. Together with Sun Dahai’s existing shares, the shareholding would be 30%, reaching the level of a listed company.
The tender offer line is sufficient.
Of course, they will follow up with a series of operational strategies to ensure that the company controls Tianya International and reorganizes its assets.
This is a matter of vision. The higher the shareholding ratio of the controlling party, the better. This is a choice made by the controlling party based on the prediction of the development situation of the listed company in the future.
If the controlling operators have enough confidence to make the enterprise develop faster and better, they will try to increase their shareholding ratio, increase their voice and control, so as to reduce the constraints of other shareholders on their operation and management process.
When the company enters a period of stable development, on the basis of ensuring that the equity will not be lost, the controller will gradually reduce the shareholding ratio, disperse the equity, and maximize the financing effect.
When a company reaches a period of decline, or the controlling shareholder no longer has the confidence to take the company to a higher level through operation and management, then major shareholders will take advantage of favorable opportunities to continue to reduce their holdings and realize the assets on paper.
Sun Dahai knew very well that he was convinced that Lan Sili would have a rapid development period of five to ten years, and he was more inclined to increase his shareholding ratio.
Therefore, the suggestion put forward by Qiu Xinjie's group to increase its holdings of Tianya International shares to 51% and obtain a relative controlling stake was finally adopted by Sun Dahai.
Regardless of the superficial suggestions of the two groups, which only have different shareholding ratios, the operational strategies to be adopted in order to achieve their respective goals are quite different.
For a listed company with dispersed equity like Tianya International, if the company only needs to obtain 30% of the actual control rights, then the task can be completed by shaking the market, and the target is mainly retail investors and small shareholders.
However, if the company wants to obtain more than half of Tianya International's stocks and achieve relative control, it will never be able to do so simply by acquiring stocks from retail investors.
The main opponents the company faces will become shareholders holding more than 1% of the shares, and the company needs to complete the acquisition task through one-on-one negotiations and over-the-counter transactions.
Since this business has been arranged for Qiu Xinjie and the others, Sun Dahai will no longer take care of the rest, and Qiao Wanting will handle it.
The entire acquisition process will take approximately three to six months, and then Sun Dahai will just wait for the results to come out.