Rebirth in Hong Kong: Rising from Acquiring the Audi Factory

Protagonist: Bao Junyi

【Industrial】 【Business Warfare & Schemes】 【Stock Market & Finance】 【Military Industry】

Bao Junyi arrives in 1972.

Bao Junyi transmig...

Chapter 37: Accumulation Exposed

Bao Junyi said worriedly, "Don't be too careless. We are acquiring stocks in secret and we can't let the market find out. If the news gets out, individual investors and large institutions will enter the market, and it will be difficult for us to obtain enough stocks."

"Bao Sheng, I understand." Yuan Tianfan said seriously.

After Bao Junyi arranged the company's next affairs, he began to check the recent project books. These all required his signature before they could be implemented. They had been delayed until now, and most of the authority had been delegated. However, as the boss of a group, many things required his signature before they could be finalized.

Bao Junyi took more than three hours to finish the process.

Then, when they arrived at the Miracle R&D Center, Dean Jiang Wenlong approached Bao Junyi.

"Mr. Bao, we're having some technical issues with the hybrid engine you mentioned earlier. Could you come and take a look?"

Jiang Wenlong handed over the document and continued, "Currently, the hybrid engine's internal combustion engine, electric motor, and battery pack control unit often fail to switch perfectly. The hybrid engine unit always loses intermittent power during the switch, and it takes a minute to complete the switch."

"This should be a problem with the transmission system and the electronic control unit. Have you found the cause?"

"No, our R&D center has very few R&D personnel in the transmission and electronics fields, and it's difficult to recruit in Hong Kong."

"Then have HR contact a headhunter, recruit globally, and offer a high salary."

Bao Junyi pondered for a moment, then continued, "I will provide your research institute with $1 billion in research and development funding each year. The main goal is to master this engine first."

"I hope the Miracle Research Institute will expand further. Research will not only focus on engines, but also on aerospace engines, batteries, electronic transmission systems, new materials, and so on. If it's not enough later, I can increase the R&D funding."

Jiang Wenlong said excitedly, "Guaranteed birth, no problem. If the Miracle Research Institute has this funding, we can quickly expand and recruit more R&D personnel, including the categories listed above. Basically, there will be no problem."

Bao Junyi spent most of his time in the R&D center to promote this project.

After all, Bao Junyi was the chief engineer of aero engines at Lockheed Martin in his previous life, responsible for aero engine research and development. Hybrid engines were a piece of cake for him. However, it was still a bit difficult to realize them based on the industrial foundation of the 1970s, mainly due to material issues.

During the research and development process, Bao Junyi discovered that many parts did not meet the requirements of size, or had a very short lifespan after production, and the current materials could not support them.

In the end, it was discovered that many of the test failures were due to component accuracy and material problems, which caused the engine switching to be not smooth enough.

Now Miracle Group is in urgent need of a batch of advanced machine tools and lithography equipment.

Now Michael can only think of a way to buy it on the international market.

Bao Junyi stayed in the Miracle Research Center for the rest of the time.

The time came to a month and a half later.

The Miracle Institute has completed the testing of the hybrid engine and has also filed patent applications in various countries around the world.

In addition, Bao Junyi took out 20 million Hong Kong dollars as a reward to those who participated in this project. The lowest person received 500,000 Hong Kong dollars, and the highest received several million Hong Kong dollars. In the 1970s, 400,000 Hong Kong dollars could buy a 100-square-meter apartment. You can imagine how generous it was.

When other people in the Miracle Research Center found out, they all looked at the engine R&D personnel with envy. However, in the afternoon, Jiang Wenlong announced that anyone who made outstanding contributions to the project would be rewarded after success, depending on the project's contribution to the company.

Then, the entire institute was in a state of excitement, and everyone was full of fighting spirit, hoping that the projects at hand would be completed as soon as possible.

On the other hand, the Hong Kong stock market suddenly experienced unusual movements.

The share price of Hutchison Whampoa rose rapidly, doubling in less than half an hour, which is particularly noticeable in the current environment.

At the same time, news came out that someone was buying a large number of Hutchison Whampoa shares and preparing to acquire Hutchison Whampoa.

When people learned about this, they rushed into the Hong Kong Stock Exchange, waving their money, causing the scene to be overcrowded.

Bao Junyi sat in the office, listening to Yuan Tianfan's report.

Yuan Tianfan said worriedly, "Mr. Bao, this is my negligence. I didn't communicate well with Wharf shareholders in the primary market, and he leaked the information. What should we do next?"

"Is Wharf Holdings the only one that's been leaked? The other four stocks haven't been leaked, right?"

"Bang Sheng, only Wharf Holdings originally offered a 30% premium, but the other party demanded 100%. We didn't agree. That shareholder later leaked the news in an attempt to drive up the share price."

"In addition, there is no change in the four stocks, and the acquisition in the primary market is now progressing steadily."

"Then how much did we acquire in the secondary market? How much do we hold in each of the five stocks now?"

"The total holdings are Wharf Holdings (33.48%), Hutchison Whampoa (23.58%), Hongkong Land (20.45%), Hang Seng Bank (30.28%), and Bank of East Asia (32.08%). Currently, all of them are still acquiring shares in the secondary market."

Bao Junyi remembered that in his previous life, Hutchison Whampoa had continuously issued additional shares or mortgaged money to develop real estate and warehouse businesses in areas such as Tsim Sha Tsui and Xinjie in Kowloon, starting from a 45% stake. As a result, the shares were continuously diluted and fell to the current 30.25% stake.

Bao Junyi pondered for a moment and said, "In that case, let's just go for it. We'll combine the stocks and directly advertise them on the front pages of several major Hong Kong newspapers. We'll pay a 50% premium to acquire Wharf Holdings shares at HK$85 per share. We need to catch the British owner Paul off guard before he reacts and take over as many shares as possible."

"Okay, Baosheng, I'll contact and arrange it right away."

Bao Junyi sat in the boss chair and thought back to the time before he traveled through time. If Hutchison Whampoa had happened in another time and space, it should have been his father who initiated the acquisition and launched an attack on British capital on behalf of Chinese capital. Now that he had traveled through time, he had replaced his father. The world had undergone subtle changes, and the historical trajectory might have deviated.

Now that my soul has traveled through time and space, I will make some changes to this world, let the Miracle Group reach the top of the world, and let China in this world rise faster.

afternoon.

All major media outlets in Hong Kong have reported or published news about Miracle Group acquiring shares at a 50% premium of HK$86 per share, and launching a takeover offer to the Hong Kong Stock Exchange. It currently holds 33.48% of the shares and will continue to acquire 51%.

Boom... Boom... Boom...

The citizens of Hong Kong were completely shocked. The whole city was like an earthquake, and stock investors were completely detonated by the news.

The stock price jumped up from the original HK$50 per share, and the data on the electronic screen kept jumping.

56... 59... 65... 73... 80 Hong Kong dollars per share, the numbers are soaring rapidly.

However, at the headquarters of Wharf Holdings in Central, Paul angrily asked, "How many shares does Wharf Holdings hold now, and what percentage of the equity does it represent?"