Chapter 877 9 Peak Energy Moves Reinforcements
Chapter 877 Jiufeng Energy moves reinforcements
Yang Chen answered the phone and asked Jin Zhina if she had anything to say.
Jin Zhina quickly replied: "Zhao Bing said that Jiufeng Energy gave him a new offer of 8.5 billion, and added 10% of his equity to him, making him a shareholder of Jiufeng Energy. So, what you agreed with them before That price is invalid. If we still want to acquire his company, we must increase the offer."
Yang Chen smiled and said: "Then increase it to 9 billion, up to 10 billion. You can talk to him. Negotiate as soon as possible."
Kim Jina: “Understood!”
If it wasn't for the lack of time, Yang Chen would definitely have stopped talking.
If the equity held by Jiufeng Energy's major shareholders was still in the restricted period, Yang Chen would buy Jiufeng Energy.
The major shareholders hold more than 70% of the shares, and all of them are within the sales restriction period. According to the regulations of the China Securities Regulatory Commission, they cannot sell one share.
Therefore, it doesn't matter how much money Yang Chen pays. Shareholders of listed companies must abide by securities laws.
Unless Jiufeng Energy initiates the delisting process and withdraws from the stock market, there will be no restrictions on how they buy and sell equity.
But listing is not easy, and delisting is not easy either.
As long as there are no obvious illegal activities or the performance is really poor, the China Securities Regulatory Commission will not agree to their delisting.
Even if delisting is agreed to, it will take half a year to complete all the procedures.
By that time, the day lilies were already cold, and Yang Chen's acquisition of the gas company was no longer meaningful.
Therefore, for now, Yang Chen is willing to win Yunfeng Gas within 10 billion.
Li Jiufeng soon received a notice from Zhao Bing that Yang Chen had raised the price from 8.5 billion to 9.2 billion.
Therefore, Zhao Bing decided to accept the offer.
Li Jiufeng was immediately furious and quickly called Zhao Bing.
Li Jiufeng roared: "Director Zhao, what do you mean? Didn't you agree that if you accept my offer, you must reject any offer from Yang Chen? Why did you accept his new offer again?"
Zhao Bing laughed and said: "Isn't this a joke, Director Li? He offered 9.2 billion. If it were you and me, would you refuse? Who would be in trouble? What's more, it's so much money? I really can't think of it. Reason for rejection.”
Li Jiufeng replied helplessly: "I understand, I understand everything you said. But I think a person should have basic integrity. When I gave you a quotation, I clearly put forward a condition, that is, after you accept my quotation, , no matter what kind of offer Yang Chen makes to you in the future, you can't accept it anymore. Is that what I said? Since you accepted my offer, how can you break your promise? "
Zhao Bing replied disdainfully: "If business negotiations can be settled so easily, there will be no difficult business in the world. If you wanted to sell your company, you would only listen to one company's quotation and not the other companies' quotations. Will you accept the low offer and ignore the high offer? Okay, I don’t want to tell you these useless things. Boss Yang’s delegation is waiting for my signature. If you don’t increase the price, I will Just sign. Once I sign, you won't have any chance. So, think carefully now and give me a reply within five minutes. After five minutes, if you don't give me any reply, I will treat you as The default is to give up.”
After saying that, Zhao Bing hung up the phone.
Li Jiufeng was so angry that he threw the water glass on the table.
But Qi returned to Qi, and he knew in his heart that Zhao Bing's choice was not wrong.
Anyone would do that. Who doesn’t want to get more benefits for themselves?
Therefore, getting angry cannot solve the problem.
With a competitor like Yang Chen who was not short of money, Li Jiufeng felt that he definitely couldn't compete with him.
But why not compare with money?
Then it can only be a matter of power.
After all, what people pursue in life is money and power. Some people are lucky enough to get both, some people are a little bit worse and get one of the two, and some people are unlucky enough to get neither.
In terms of money, no one can compare with Yang Chen.
Then we can only start with the power aspect.
Jiufeng Energy is one of the key supporting enterprises in Xijiang Province, and its fifth largest shareholder is the Jiangjiu City State-owned Assets Management Fund.
If the company develops better and makes more money, the Jiangjiu City Government will also receive more money.
Therefore, Li Jiufeng planned to start from this angle and persuade the Jiangjiu City Government to help repel Yang Chen.
As long as Yang Chen no longer has any thoughts about Yunfeng Gas, Jiufeng Energy can continue to talk to them slowly.
Just do it, Li Jiufeng quickly called Zhao Bing, found an excuse to discuss it with shareholders, and asked Zhao Bing to give him a few more hours.
Zhao Bing also wanted to sell more money and hoped that Jiufeng Energy could continue to increase prices, so he gave Li Jiufeng three hours.
A decision must be made in three hours, otherwise Zhao Bing will sign a contract with Jin Zhina.
After hanging up the phone, Li Jiufeng quickly went to Jiangjiu City Government...
Half an hour later, Yang Chen received a call from Jiangjiu Mayor Wang Changgui.
Wang Changgui introduced himself to his family and exchanged a few words with Yang Chen.
Then he turned the topic to the acquisition of Yunfeng Gas.
Wang Changgui asked: "I heard that Director Yang is planning to acquire Yunfeng Gas recently?"
Only then did Yang Chen understand why he made this call, and he replied with a smile: "Yes, I am indeed preparing to acquire Yunfeng Gas. Mayor Wang made this call to me specifically, do you have any advice?"
Wang Changgui laughed loudly and said: "I can't talk about advice, I just want to discuss it with Director Yang. Director Yang also knows that Jiufeng Energy started preparing to acquire Yunfeng Gas last year, and now they have reached the most critical stage of negotiation. Originally, both parties The intention has been reached, but the sudden appearance of Director Yang disrupted the deal."
Yang Chen chuckled and said, "Is Mayor Wang calling here to blame me?"
Wang Changgui quickly explained: "No, no, how is that possible? What I mean is that Boss Yang is not short of money and can acquire better companies, even listed companies. Why compete with Jiufeng Energy for a Yunfeng Where’s the gas?”
"Haha... Mayor Wang is right, but I am rich, not sick, so I can't just buy companies for fun. Let's put it this way, I have two goals. One is Yunfeng Gas, and the other is Jiufeng Energy. However, Jiufeng Energy is a listed company, and the equity held by the major shareholders is still in the restricted period, so it cannot be acquired in a short period of time. Even if the voluntary delisting procedure is initiated, it will take half a year. Go through various procedures. But I am the person who least wants to waste time, so I can’t wait for Jiufeng Energy’s shareholders to survive the sales restriction period, or wait for them to delist. Therefore, Yunfeng Gas has become what I must fight for acquisition target." Yang Chen explained.
Wang Changgui was immediately shocked.
Good guy, Jiufeng Energy still wants to compete with Yang Chen. Who knew they were also on Yang Chen's acquisition list.
The securities law saved them. Otherwise, if Yang Chen directly spent money to acquire it, the shareholders would definitely succumb.
After all, who can withstand Yang Chen’s outstanding qualities?