At nearly 10 o 'clock in the evening, Li Dong saw off the guests who had come to congratulate him.
It was the first time he had met many of them today.
However, even if there was no relationship of interest, the more friends he had, the more options he would have. Since the other party had come to congratulate him, how could he not care less?
Some tycoons in Hong Kong didn't come to congratulate him in person, but they also sent people to express their goodwill.
The one in Changjiang sent his eldest son over.
Henderson also sent a vice president, and the third of the three Guo brothers came to the hotel in person.
Many of the other tycoons and the younger ones came in person.
The older ones had also sent people over.
Li Dong had won Gome and established Hua Xia's position as the number one retail tycoon.
Although Li Dong didn't have any business in Hong Kong at the moment, Li Dong had said that he was ready to enter Hong Kong.
At this time, no matter what, he had to show respect.
…
After seeing off the last guest, Li Dong looked a little tired.
Sitting on the sofa in the hotel lobby, Li Dong turned to look at Shen Qian, who was also tired, and said, "You go upstairs and have a rest. I'll stay here for a while."
Shen Qian shook her head and said, "No, I'm tired, but I can't sleep."
That was true. After winning Gome, Li Dong couldn't sleep, either.
After taking a deep breath, Li Dong took out a cigarette and lit it. Shen Qian wanted to say something, but she didn't stop him since he had been busy all day.
After lighting the cigarette and taking a deep breath, Li Dong said, "Do you have the statistics on how many shares we have bought?"
Shen Qian nodded and said, "I asked when you received the guests. There was a lot of trading in the afternoon, and almost all of our orders in the morning were taken. JP Morgan Chase, CRMC, and Aeon don't count. Today, we have bought a little more than 2.5 billion shares in the market and outside the market. Plus the part we bought before and the part we bought, we now hold about 14.5 billion shares. With such a large turnover this afternoon, I suspect that the Huang Family might have sold off a portion of their stocks. "
At two o 'clock, there was no suspense about the outcome.
At this time, it was normal for the Huang family to sell off a portion of their assets.
Next, there would be a competition within Gome. The final outcome was hard to say for now.
But if this dragged on, it would be disadvantageous to the Huang Family.
He wanted to save some capital so that he could fight a protracted war with Li Dong. This was to prevent Li Dong from quickly taking over all of Gome.
As for how much he had sold, he didn't know now, but he would know tomorrow.
"It doesn't matter whether the Huang Family sells or not. At most, it's less than 5%, so it shouldn't be much. We, on the other hand, own 14.5 billion shares, which is somewhat out of my expectations. "
Li Dong continued, "How much did you spend in total?"
"Add the allotment and subscription portion?"
"Yes."
"For the allotment and subscription portion, if we include JP Morgan Chase's 200 million shares, Hsu Shengzhe's 130 million shares, and our own allotment and subscription of 1.43 billion shares …
In total, we spent 1.95 billion HKD.
CRMC's 1.1 billion shares were sold to us at 1.6 HKD, and we spent 1.76 billion HKD.
As for the remaining 200 million shares, we had not sold them yet because of the lock-up period. But Director Sun had negotiated with them to let us keep the shares for now, and we will sell them when the lock-up period ends.
These 200 million shares will not affect the overall situation, and the asking price is only 1.4 HKD. When the lock-up period ends, the selling price will still be 280 million HKD.
As for Euphoria Group, they had bought nearly 1 billion shares. Because this is not the deciding factor, and Euphoria Group had other requirements, they bought the shares at 1.5 HKD. That's 1.5 billion HKD.
After that, it will be the in-venue and off-venue transactions.
We bought a total of 2.5 billion shares. Most of the shares outside the venue were bought at 1.6 HKD, and the in-venue shares were bought at 1.4 to 1.6 HKD.
On average, it is 1.5 HKD, and we spent 3.7 billion HKD.
In total, we spent 9.2 billion HKD. "
Li Dong did not say anything. 9.2 billion HKD was also within his expectations.
This time, the average price was more than 1.5 HKD. Furthermore, Feng Yu had only wanted to buy 17.5 billion shares.
Including the shares that he had yet to collect, Li Dong currently held 18.6 billion shares.
To exceed the previous estimate of 1.1 billion shares, it was necessary to spend more money.
But 9.2 billion HKD had exceeded Li Dong's expectations.
The exchange rate between HKD and RMB is about 1.18. That means, it is 7.8 billion RMB.
So far away, Feng Yu only has 1 billion left, and with the 5 billion from the loan, he still needs 1.8 billion to reach his target.
On Shen Qian's side, she also took out one billion this time.
No matter how he calculated, he was still 800 million short of the money he had spent.
However, there were several organizations that had yet to settle their accounts. Other off-site organizations also had yet to settle their accounts.
In fact, Li Dong still had quite a lot of money on hand. He was short of 800 million RMB. He could talk about it later and pay it in installments.
Previously, Li Dong had paid nearly 8 billion yuan in cash and 56 million shares of Weibo for nearly 12 billion yuan of shares.
18.6 billion Gome shares, 53.14% of the total share capital.
Half of Gome cost Li Dong about 16 billion in cash and 56 million Weibo shares. That's more than 20 billion.
It is comparable to Gome's value before it was suspended!
Of course, Gome is not the same as before. It has 358 more stores, 3.7 billion more bonds, and 3 billion more capital injection. Of course, Old Huang had taken 2 billion HKD.
Now, after issuing 6 billion new shares, another 6.6 billion HKD was transferred into the company's account. The company has an additional 6.5 billion RMB cash flow.
Just the bonds and cash alone had increased by 10 billion HKD.
With the 358 stores and the Gome brand, the company's value is more than 6 billion.
Li Dong did not lose much, and the premium is not too high.
Also, Gome is at its lowest point at that time, and its value is undervalued. At its peak, the listed shares are worth more than 50 billion.
Including the unlisted shares and the cash flow bonds, if Gome was still at its peak, its market value would be at least 70 to 80 billion RMB.
Market value is market value, and there is no need to delve into these things.
After Shen Qian did the math, Li Dong couldn't help but sigh. "We've really gone overboard this time. We've taken a loan of 5 billion, and Jiangbei has provided 3 billion. You've also taken out 1 billion, and the corporation has transferred more than 5 billion.
I still owe 800 million outside, and Auntie Shen's 600 million.
I'm really in debt now!
If I don't get the 10 billion loan from CCB, I can only eat steamed buns this Spring Festival.
Also, Old Huang still has a lot of shares, and there are still some circulating shares in the market that have not been bought back.
If I want to complete the privatization of Gome, I have to spend money.
This is troublesome! "
Li Dong sighed. You don't know how expensive it is if you don't manage the family.
The 20 billion cost this time is not in the previous budget.
It would be strange if I don't feel pressured to take out so much money all of a sudden.
Also, I have to think of a way to buy back Old Huang's shares. The 10 billion loan from CCB might be gone.
There are too many places for the company to use money, and the 5 billion transferred was almost all used up. Far away.
Shen Qian comforted him. "If it really doesn't work, we can delay it. Let's not rush to buy back the Huang family's shares. The privatization process can be delayed for a year or so. "
Li Dong shook his head. "We can't delay it. We have to strike while the iron is hot.
If we delay it, who will be responsible for the Gome?
If the value of Gome skyrockets, I will only spend more.
Also, it is not convenient to do some things without kicking the Huang family out.
They hold more than 33% of the shares, and some decisions must be approved by two-thirds of the shareholders. I can't always hold a meeting with them to discuss it.
So, we should take advantage of this time, when they are desperate.
If it really doesn't work, we can borrow the 10 billion loan from CCB.
Once we completely take down Gome, we will have money.
Gome has a lot of cash flow now. Also, we can mortgage Gome as a whole! "
"Mortgage the Gome!"
Shen Qian was stunned. But this is not impossible. There are many such institutions in and out of the country.
Gome's value is so high. Even now, Li Dong can mortgage Gome's shares and get a large sum of money, let alone Li Dong taking it down.
There were a lot of rich organizations in this world. It was not difficult for them to fork out billions or tens of billions.
But the interest is much higher than the bank. The lowest is above 7%, and that is a large mortgage.
At this time, Shen Qian has nothing to say.
The bank got a 15 billion loan in just one month. Far away is not a bank, and it is almost impossible to get another loan.
Far away is in urgent need of money, and mortgaging the Gome is a way out.
As for the interest rate above 7%, it is acceptable compared to Far away's speed of making money and the degree of urgent need.
After chatting for a while, Li Dong got up and stretched. "Let's go back. We will be busy tomorrow, and the day after tomorrow, we will return to Beijing for the board of directors and shareholders meeting. After we are done with Gome, it is your birthday. This birthday present is not bad, right? "
Shen Qian smiled. "It is faster than I expected. You still have to go back to Pingchuan after you are done here. These few days, Senior Yuan and the rest are going crazy. The company has no money, and some projects have stopped. If you do not go back and think of a way to appease the people, it will be a big loss for you to take down Gome. Far away will be in chaos. Also, 2008 is over. Far Away has not held this year's Annual Meeting, and the year-end report has not been done. There are too many things to do … "
Li Dong waved his hand. "We can talk about these later. A few days is not a big deal. As for the Annual Meeting, I am going to hold it on a grand scale. We will hold it together after we take down Gome. At that time, we will let the people in Gome see the culture of Far Away. "
As he said that, Li Dong smiled. "It is almost New Year. I have to accompany my parents to Beijing again. This year is really busy."
This year, Li Dong was busy from the beginning of the year to the end. He did not stop for a moment.
However, in the past year, Li Dong's achievements were incomparable to those of the past few years.
Last year, Li Dong was at most showing his outstanding talent. This year, he was shining, not only in his career, but also in his personal life.
At this time last year, Li Dong did not expect that he would be talking about marriage so early.
Shen Qian smiled. "Alright, don't keep talking about this. If you don't want to go, I am not forcing you."
"I want to go, of course I want to go!"
Li Dong quickly raised his hand, ready to swear on the lamp. Shen Qian could not be bothered with him and walked upstairs with a smile.
Li Dong also trotted to follow.
After they left, the staff of the Peninsula discussed in a low voice, "If I hadn't seen the news and newspapers, I wouldn't have believed that this is Li Dong, who has caused a sensation in the mainland and Hong Kong."
"Well, it's unbelievable, and he is so young. I heard that Mr. Li's family is poor, and his parents are both fishmongers. He built the Faraway Group by himself. In less than five years, he has almost caught up with the achievements of others in 50 years. "
"It's a pity …"
The female staff who spoke before sighed in a low voice. "He has a girlfriend. Look at that lady just now …"
"Forget it. Even if he doesn't have a girlfriend, others won't look at us." The person next to her attacked for a while, and everyone suddenly stopped talking.
Well, it was better not to have this kind of idea.
A person like Li Dong was not only popular on both sides of the Taiwan Strait, but also had a great reputation around the world.
Compared to the little superman in Hong Kong, Li Dong was younger, and did not carry the title of the second generation. It was not so easy for a person like him to marry into a family.
Even if Li Dong really liked a woman, not every woman could bear such a big burden.
…
January 6th.
The Hong Kong Stock Exchange agreed to Gome's application for suspension!
Gome made history!
The fastest suspension record!
There was only one day before the resumption of trading. Of course, after this suspension, it was a question whether people could still see the stock symbol of Gome.
Professionals in the outside world had already analyzed that Li Dong was likely to privatize Gome and merge it into the Far Away Retail system.
If this time, Gome did not choose to resume trading, then the next time people saw Gome, it would probably not be Gome, but Far Away Retail's stock symbol.
As for Far Away Retail, once it took over Gome, it would also become a super giant retail group.
Far Away's own system, Carrefour, Gome, Suguo, Times, Kelong, and other large and small retail companies that had been acquired, plus Far Away Mall, which accounted for nearly half of the online shopping market.
The future of Distance Retailing would be terrifyingly powerful.
Not counting the mall, Far Away and Gome would create 200 billion annual sales, which was close to the 30 billion US dollars mark!
Although it was less than one-tenth of Wal-Mart's, even one-tenth of Wal-Mart's revenue was not as high as Hua Xia's before.
Li Dong was rapidly closing the gap with the world's giant retailers.
At the same time that the suspension was announced, the shares of Huang and Li were also officially announced.
Although it was a little late.
But the two companies ended so soon. The Hong Kong Stock Exchange just finished the statistics today, and there was no chance to announce it before.
Far Away held 17.2 billion shares and 400 million shares in escrow. Euphoria had not signed the contract yet, so it was not included for the time being.
But the crowd still added in subconsciously. 18.6 billion shares, more than 53% of the shares!
Before the resumption of trading, the Huang Family already held 12 billion shares. After the placement and subscription, before the secondary market opened, the Huang Family already held 13.6 billion shares.
But one day later, there were changes in the Huang Family.
13.2 billion shares.
Compared to before, there were 400 million fewer shares.
At this moment, the crowd remembered what happened yesterday. Li Dong said that the Huang Family was selling their shares. Now it seemed that it was true.
Many people couldn't help shaking their heads when they saw the data.
At the same time, they looked at Old Huang with disdain.
I thought you were really going to fight Li Dong to the end, but I didn't expect it to be all fake. You're just fooling me. "
Old Huang couldn't accept the disdain from the crowd.
Old Huang didn't want to explain.
Was he trying to trick them?
Didn't he want to fight with Li Dong to the end?
But Li Dong didn't even give him a chance.
Li Dong said that he would get rid of him on the market, but in fact, Li Dong won through off-the-market means.
JP Morgan Chase, CRMC, and Euphoria were the key to victory.
Old Huang did not expect the three families to compromise so quickly. He thought they could wait a little longer. He thought they could raise the price again.
But because of his weakness, they didn't even wait until the end and gave in.
Was there any use for Old Huang to continue buying?
If it weren't for the fact that Distance did not place any new orders, Old Huang would have taken advantage of the 1.6 price to dump some more.
On this day, the equity ratio was announced, and Gome suspended trading again.
Li Dong was busy that day. He made the official transactions and paid the bills. Of course, he also went to the Hong Kong Stock Exchange to answer some questions.
It couldn't be helped. Some of Li Dong's actions yesterday were against the rules.
Also, he had to ask the Hong Kong Stock Exchange about the source of the funds and the transactions with CRMC and other smaller institutions.
On the first day of trading, Gome was suspended.
This showed that the Hong Kong Stock Exchange was not strict enough.
Li Dong's transactions with JP Morgan Chase were also problematic.
Anyway, there were many problems.
But if the transactions were not illegal, the Hong Kong Stock Exchange would at most suspend or delist them. This punishment might work on other companies, but it was useless against Li Dong.
It was not the Hong Kong Stock Exchange's responsibility to dig deeper. It was the China Securities Regulatory Commission's responsibility.
Were there any problems with the funds? Were there any behind-the-scenes transactions? Were there any manipulation of Gome's share prices …
One had to know that Old Huang was arrested for this crime before.
However, on Li Dong's side, the outside world generally felt that there was not much hope of catching this attack.
Manipulating the share prices was for his own benefit.
But Li Dong had increased Gome's share prices, and he did not make any profits. Also, the Huang family was also involved. If the Huang family attacked Li Dong, the Huang family would also have to deal with it.
The Huang family did not cause any trouble, and this was Gome's internal dispute. Furthermore, the shareholders did not suffer any losses, and the Securities Regulatory Commission did not have a high chance to investigate further.
At the very most, he would simply ask about it. At the very least, he would be fined.
Li Dong didn't care too much about this. He just had to deal with it and didn't need to worry too much.
It was normal for a company to have some minor problems in mergers and acquisitions, and no one had been investigated. Of course, except for foreign companies acquiring state-owned assets.
After dealing with the Hong Kong Stock Exchange, Li Dong was ready to return to Beijing for the shareholders' meeting.
Tomorrow might be Old Huang's last shareholders' meeting. After dealing with Old Huang, Li Dong should have a good Lunar New Year.
Although Li Dong was poor now, it did not affect his mood.
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