Originally, Li Jianhui didn't take Hang Lung too seriously before, but just after the Spring Festival, the other party took action one after another, and the target was directly at the Xin Jian Department.
This made Li Jianhui feel that it was necessary to take action and give the other party a hard blow to make it clear to the other party that it did not have the support of the Bryan government or the Japanese consortium as an ally to challenge the Xin Jian faction.
It is currently unrealistic to suppress Hang Lung in a short period of time, but Li Jianhui still found a place where Heng Lung can feel uncomfortable.
On the afternoon of March 1, Li Jianhui paid a special visit to Yao Zhilin, the controlling shareholder of Taohua Datong Food Company.
As a well-known listed food company in Hong Kong, Taohua Datong currently has a market value of more than 300 million Hong Kong dollars, the most valuable of which is the factory area of Taohua Datong Company.
Yao Zhilin currently owns 67% of the company's shares and has absolute control over the company.
Yao Zhilin was quite surprised that Li Jianhui came to his company in person.
After personally pouring tea for Li Jianhui, he said: "I didn't expect Li Sheng to come in person, so I didn't make many preparations. The tea is not a famous tea. I hope Li Sheng won't mind it."
"You're welcome, Mr. Yao. I'm not from a wealthy family. For me, whether it's tea or wine, it doesn't make much difference whether it's famous or not. As long as the affection is there, even a glass of boiled water is the best drink."
Li Jianhui did not beat around the bush with Yao Zhilin, but directly explained his intention and hoped to buy his shares in Taohua Datong.
Yao Zhilin has long been thinking about selling his shares. Two years ago, he sold 223,200 square feet of vacant land in the company to Hang Lung.
In the past few months, he has been negotiating with Hang Lung about selling his Taoda shares, but he is still not satisfied with the price.
At this time, Li Jianhui intended to acquire his shares, which made him very happy, and he also raised the expected price.
"I am very willing to sell my shares to Li Sheng, but Hang Lung has been communicating with me in the past few months, also for the shares in my hand. They plan to relocate the factory after acquiring Taoda and make an overall plan for this.
Development.”
Li Jianhui was naturally aware of Hang Lung's intentions, and it was precisely because of this that he personally visited Yao Zhilin, preparing to create trouble for Hang Lung at Amoy University.
I don’t know if Yao Zhilin deliberately cheated Hang Lung. The 223,200 square feet of land sold to Hang Lung was not a complete piece of land. It contained Taoda factory buildings, which directly lowered the quality of the residential area.
Taotai is located in Wong Tai Sin District, and its geographical location is much better than Tseung Kwan O and Tin Shui Wai. Once a residential community is developed here, there is no need to worry about selling it.
According to rumors in the previous life, Hang Lung suffered heavy losses during the crisis two years later, and it was Amoy Gardens that brought it back to life.
"This business is naturally based on business. Since Yao Sheng intends to sell his shares, it is naturally for his own benefit.
I also know that Mr. Yao also hopes to go to Canada as soon as possible to reunite with his family. I am also an upright person in business. For the shares in your hand, I will directly pay a premium according to the market price. I wonder what Mr. Yao thinks?"
Yao Zhilin sighed inwardly that he was worthy of being the helmsman of the Xinjian Department, but he was very wealthy. To be honest, the most valuable thing about Taoda Food Company now is this land.
Affected by the overall positive performance of the Hong Kong stock market, Taoda's market value was already somewhat artificially high. The reason why he had been talking to Hang Lung for so long was that Hang Lung was not even willing to pay the market price and wanted to lower the price.
If Hang Lung were as cheerful as Li Jianhui, he would have left for Canada a few months ago and would now be running his own farm with his family and living a warm and happy life.
Yao Zhilin, who hoped to leave a good impression on Li Jianhui, did not ask for a higher price. After expressing his hope to strengthen cooperation with Xin Jian Department in the future, especially with Tesco Group, he directly agreed to sell the shares to Li Jianhui.
.
This is also the huge advantage of Li Jianhui. Although Yao Zhilin went to Canada, it does not mean that he will not do business. It is just that he went to Canada to start a new business and grow wheat, soybeans and other crops there. In this regard
There are still opportunities to cooperate with Xin Jianyi.
Moreover, Yao Zhilin believes that with the expansion speed of Xinjian Department, it will be a matter of time before he enters the Canadian market. If he can catch the big ship of Xinjian Department by then, his development will definitely be able to reach a higher level.
Regarding Yao Zhilin's wish to strengthen cooperation, Li Jianhui readily agreed. Anyway, Tesco Group has thousands of partners, and Yao Zhilin is not the least of them.
When the other party talked about running a farm, Li Jianhui even wondered whether he should also enter this industry. As a later generation, he knew the influence of the world's major grain merchants on the world.
He asked Wu Jiankun to investigate this matter carefully to see the specific situation of this industry, and at the same time, he also analyzed where the layout of Xinjian Department was more suitable.
Li Jianhui borrowed the phone number of Yao Zhilin's office and called Li Zaiwei of Xinjian Group and asked him to send financial and legal personnel to Taoda.
In order to prevent long nights and long dreams, Li Jianhui had no intention of leaving before he got the shares. After hanging up the phone, he chatted with Yao Zhilin. The main topic was the Canadian farm.
Talking about this aspect, Yao Zhilin said: "Originally, I personally did not want to go to Canada, but my son got married and had children there, and I was not willing to come back to inherit the family business. I had to open a farm, and my wife also went there to take care of the grandson.
granddaughter.
I have no choice but to sell the company and then use the funds to expand the scale of his farm and build a large farm, letting him work on his own. I will also take care of my grandchildren there with my wife.
…”
After some understanding, Li Jianhui discovered that Yao Zhilin's son is really a talent. He studied agricultural planting in college and was quite smart after he graduated. At present, the other party's farm is developing well, which is why Yao Zhilin is willing to sell himself.
The company supports its reasons for expanding its farm.
Li Jianhui said with a smile: "As the old saying goes, food is the most important thing for the people, and food is one of the most precious things in the world.
I am personally also very interested in the farm. If there is an opportunity in the future, I hope that we can strengthen cooperation in this area."
Yao Zhilin naturally agreed wholeheartedly. She sold her shares to Li Jianhui so readily today for this reason. As long as she could establish cooperation with Xin Jian, the farm's products would not have to be sold.
After the contract was confirmed to be correct, Li Jianhui and Yao Zhilin signed their names respectively. From then on, Taoda became a member of Xinjian Department, which also marked Xinjian Department's entry into the food industry.
What both parties have to do now is to report the transaction to the Hong Kong Companies Registry for shareholder changes, and also report it to the Hong Kong Stock Exchange.
This is the trouble with the introduction of the Hong Kong Securities Law. Major shareholders of listed companies must report to the exchange if they sell more than 5% of their shares.
Under normal circumstances, as long as it is not a hostile takeover, the exchange will not be embarrassed, and Li Jianhui does not have to worry about any major problems that may arise later.