114. Equity distribution of Jiahu Textile (seventh
While Chu Huan was busy plotting against Chu Tianxiao, Chu Tianxiao was actually not idle either.
As the time for Jiahu Textile to go public approached, Chu Tianxiao also made many moves.
First, it was announced that Jiahu Textile would purchase a batch of new equipment to increase the company's output. At the same time, it announced an intention to cooperate with European brand clothing and become the other party's manufacturer.
In addition, Jiahu Textile will establish its own brand of clothing and has now begun recruiting clothing designers globally.
In addition to these, Hutian Real Estate, a joint venture between Jiahu Textile and Tianhua Toys, has purchased a piece of land on Yunjing Road, North Point, to build Hutian Real Estate's first property!
With the news of many good news, Jiahu Textile has attracted the attention of many citizens in Hong Kong even before it was listed on the market.
"Your uncle is not simple. Originally, everyone thought that when Jiahu Textile was listed, doubling the stock price would be the limit. Now it seems that it may not stop!"
In Wanbang Shipping, Cao Wenjin's office, Chu Huan, Cao Wenjin, and Cao Yunshang were chatting, and the focus of their chat was naturally Jiahu Textile, which had been very active recently.
Chu Huan put down the newspaper in his hand, and there was no worry on his face. Even with so much good news, when Jiahu Textile went public, Chu Huan had fewer and fewer things to do, but Chu Huan still had no worries at all.
Worry.
"This is not bad. Now I hold 20.5% of Jiahu Textile's shares, which were acquired at the previous market value. If by then, the higher the stock price of Jiahu Textile rises, it means that the shares in my hand will be more valuable.
ah!"
Cao Yunshang was worried about Chu Huan and said: "But if this is the case, the possibility of you getting Jiahu Textile back will be even smaller!"
Although Cao Wenjin didn't speak, the worry in his eyes was the same.
Chu Huan said easily: "Getting Jiahu Textile back is never something that happens overnight. In fact, I never thought about taking Jiahu Textile back when it went public!"
This was the first time Chu Huan revealed his true thoughts to outsiders.
However, it was precisely because this idea was true that Cao Wenjin and Cao Yunshang were even more surprised.
It can be said that the two of them have watched Chu Huan develop all the way to today. Before that, they had always thought that Chu Huan was bound to win Jiahu Textile. But now Chu Huan actually said that when Jiahu Textile went public, it was not him who wanted it.
When to take action?
"Chu Tianxiao still has many trump cards in his hands. Jiahu Building, Overseas Trust Bank, the first issuance of new shares, only 25 million shares were issued, and the remaining shares are all Chu Tianxiao's trump cards. If I are in Jiahu Building,
When Shanghai Textile went public, it was revealed that it wanted to forcefully acquire Jiahu Textile, which was simply impossible to succeed."
Chu Huan gave Cao Wenjin and Cao Yunshang an analysis of the current situation.
At this time, Jiahu Textile's listing plan has been fully disclosed. Jiahu Textile's authorized share capital is HK$100 million, with a total of 100 million shares, with a face value of 1 yuan per share, and 25 million new shares are publicly offered at a price of 2 yuan per share!
Judging from the paper information, in addition to Chu Huan's 20.5% stake, Chu Tianxiao also holds at least 54.5% of the shares.
Of course, these equity interests will not all be in Chu Tianxiao's name, but they must all be under Chu Tianxiao's control.
Jiahu Textile has always been a family business of the Chu family, and it has never accepted the intervention of other capital before. When Grandma Chu was still alive, the family's shares were always controlled by a family trust, and each person only had a small number of shares.
After Chu Huan's father passed away, their shares were taken back by the family trust and were not transferred to Chu Huan's hands. Originally, when Chu Huan turned 18, his father's original shares would be transferred.
Some of the shares were returned to Chu Huan.
But at that time, Grandma Chu was already seriously ill, and Chu Tianxiao used various excuses, so when Chu Huan was kicked out of the Chu family, he actually did not have any shares in Jiahu Textile.
During the period when Chu Tianxiao controlled Jiahu Textile, what he had been doing was actually transferring the shares of Jiahu Textile controlled by the family trust to his own name.
Facts have proved that he was very successful.
Even if other houses sued him, there was no way to win.
In fact, in Hong Kong today, the laws and regulations in the securities market are not sound at all. Even the China Securities Regulatory Commission will not be established until next year.
According to current laws and regulations, the controlling shareholding of listed companies has always been maintained at 50%. It was not until the Wharf War between Bao Yugang and Jardine Matheson broke out that the China Securities Regulatory Commission introduced new regulations to reduce the controlling shareholding requirement.
At 35%.
The regulations at the time were that major shareholders holding 35% to 50% could purchase an additional 5% of the equity within one year. If this amount was exceeded, a full acquisition would be required.
Once a non-majority shareholder acquires 35% of a company's equity, it will be publicly acquired!
In addition, it was also announced that once non-major shareholders acquire more than 5% of a company's equity, they must disclose it.
There are no such regulations now!
It is precisely these legal loopholes that give Chu Huan the space to operate now.
But no matter what, the equity that Chu Tianxiao can control at this time exceeds all the equity in circulation outside. Even if Chu Huan buys all 25 million new shares, there is still no way to get Jiahu back in Chu Tianxiao's hands.
Textile control.
Therefore, Jiahu Textile's listing has never been the real opportunity Chu Huan was waiting for.
It can only be said that this is Chu Huan’s first step to regain Jiahu Textile!
Father and daughter Cao Wenjin and Cao Yunshang are both very smart people. As soon as Chu Huan said it, they understood what Chu Huan meant.
Cao Wenjin showed an expression of appreciation: "Ah Huan, although I have said it many times before, I still want to say this time that you are already a successful businessman, and fighting for one city and one pool is actually nothing.
, can expand the vision from the local to the overall situation, which even some successful businessmen do not have such a vision!"
"But, how do you know that Chu Tianxiao will definitely give you a chance later? After the company goes public, you will definitely surface. With you as a threat at that time, Chu Tianxiao will definitely be more careful!"
Compared with Chu Huan and Cao Wenjin, Cao Yunshang's business acumen is still a little behind.
No need for Chu Huan to explain, Cao Wenjin explained for his daughter.
"Greedy, no matter what kind of person you are, it is difficult to avoid being greedy. The same is true for Chu Tianxiao. After he saw the gains in the stock market, it was impossible for him to stop his greed.
In addition, Chu Tianxiao has obviously begun to make plans in the real estate industry. If you want to make money in this industry, you can't do it without money. If you want to have sufficient funds, there are two ways, one is to get a loan from a bank, and the other is
Issue new shares.”
In fact, most real estate companies choose to pursue the two paths mentioned by Cao Wenjin together.
"As long as Chu Tianxiao starts, then Ah Huan's opportunity will always come!" Cao Wenjin finally added.
"But this process is destined to be a long one!" Cao Yunshang said still unwillingly.
It won't be too long, at most a year... Chu Huan thought silently.
"It doesn't matter, I'm still young, I can wait for this time." A proud smile suddenly appeared on Chu Huan's face: "And don't you realize that I just appeared in front of Chu Tianxiao like this, and then looked at him
The look of surprise and reluctance, the look of someone who can’t stand me but can’t kill me, is very satisfying, isn’t it?”
Cao Wenjin looked at Chu Huan's proud look and realized that Chu Huan was only 19 years old at this time and was still a young man.
"Also, by this time, A-Huan will also have a public identity in Xiangjiang. Only in this way can A-Huan take the real first step in the business world in Xiangjiang!"
It is true that there are many hidden rich people in Xiangjiang, but these hidden rich people are more relative to what ordinary people say. For the business community in Xiangjiang, there are actually no hidden rich people to speak of.
At most, it’s the difference between low-key and high-profile.
After Wanbang Shipping came out, Cao Yunshang smiled sweetly and said to Chu Huan: "My dad rarely praises young people like this!"
Chu Huan laughed and said, "This is how my father-in-law looks at his son-in-law. The more he looks at him, the more he likes him!"
Now that Chu Huan had a comprehensive plan for the listing of Jiahu Textile, Cao Yunshang no longer worried about Chu Huan and asked happily.
"What are we going to do now?"
Chu Huan said with a smile: "Let's go see a movie. Anyway, I am half a screenwriter for the movie "Fist of Fury". Now that the movie is being screened in Hong Kong, I should still contribute some box office!"
The speed of filming in Xiangjiang is as fast as ever. It is like this now and will be like this in the future.
How long has it been? Li Xiaolong's "Fist of Fury" was released on the 22nd of last month.
What kind of schedule, holidays, do not exist at all in this era. After the film is shot, the post-production is completed, and it is directly released in the cinema.
It's like an assembly line work.
Publicity is not as overwhelming as in later generations. At most, it is advertising in newspapers and placing huge posters at the entrance of the cinema. This is considered publicity.
Naturally, Cao Yunshang had no objection to Chu Huan's proposal. The two of them drove to the Jiahe Cinema in Mong Kok.
There is a huge poster of "Fist of Fury" at the door.
After "Tangshan Brother", Li Xiaolong has become one of the most famous movie stars in Hong Kong. Chu Huan also knows clearly that after "Fist of Fury", Li Xiaolong will become the well-deserved number one in the film industry in Hong Kong!
Even though it has been two weeks since "Fist of Fury" was released, we can already see a steady stream of people buying tickets and entering the theater.
Chu Huan bought two movie tickets and walked in with Cao Yunshang.
Today's movie theaters are not small halls, but large halls with hundreds of people in them, which are very noisy.
Chu Huan bought tickets for two chapters near the corner. In fact, it was not the best location, but it didn’t matter.
What Chu Huan didn't expect was that as soon as the two sat down, Chu Huan heard a familiar voice.