Some people wanted to take advantage of Xing Baohua's actions to ride on his coattails, but unfortunately, the opportunity didn't come.

The market value of the Newport wafer fab is not that high. It has only been established for seven or eight years, and it has only been listed for a few years. Its performance is not very outstanding, and it has always been a small player in the market.

If it weren't for Xing Baohua's fame that brought this factory to the public's attention, many investors wouldn't have known that Daying also had a high-tech factory.

In just a few days, they turned the Newport wafer fab, which was worth 1.7 to 1.8 billion pounds, into a 4 billion pound sterling.

That's doubled! If Xing Baohua wants to invest, the price will be subject to certain restrictions. Besides, Xing Baohua doesn't have 100% control. He only needs to become a shareholder.

Two billion pounds would secure him a seat on the board.

With more speculators, the number of shares in circulation decreases. Some shareholders of the Newport Wafer Fab are secretly releasing shares to profit. However, they dare not suddenly release their shares, as doing so would attract more buyers, but the price would gradually drop. Furthermore, if Xing Baohua were to intervene and buy back shares during a buyback, the share price would rise again, which would be detrimental to their buyback efforts.

If the stock price goes up again, Newport's shareholders will have to give back all the profits they made before. This is a pointless exercise that will only drive retail investors crazy.

So, they didn't move. Yes, Xing Baohua didn't move, and neither did they.

As the art of war says, if the enemy doesn't move, I don't move; whoever moves is a coward.

Xing Baohua only bought one million pounds of stock in the Newport wafer fab when prices were low, a sum that any wealthy person could afford.

Even if Xing Baohua doubles his money, he will only earn twice as much.

His two billion yuan is just sitting there, sitting in his shell with exorbitant bridge loan interest rates. Is this what capitalists do?

Xing Baohua's brain! I don't know what he was thinking. The interest generated by the short-term bridge loan will be around 40 million British pounds.

If it could generate profit, using bridge loans would be acceptable, but just sitting there, letting the money flow into banks for free, frankly, the banks in Europe would be incredibly envious.

Unfortunately, Mitsui Bank profited from it.

Xing Baohua and Hauser met and talked for more than an hour. Several agreements were basically reached, and Xing Baohua also made a lot of promises to the technology founder.

Essentially, it's about how much chip development will require in the future. With financial support, ACOM will be able to compete with Intel and become the world's leading integrated chip design, manufacturing, and sales company.

The chips used in just one grain of rice will account for one-fifth of the total consumption.

Xing Baohua also gave many examples, such as smart home appliances, where every electronic product uses multiple types of chips, the automotive industry, the display industry, and so on.

Optical chip design. They couldn't finish their tasks even if they worked year-round without holidays.

Xing Baohua demanded that ACOM relocate to the Hong Kong Software Park after the acquisition, becoming a new type of integrated software and hardware company.

Moreover, it's very close to Shanghai, so Xing Baohua would use two planes as company shuttles, making it very convenient to travel to and from Shanghai.

We've already discussed the prospects, the beautiful scenery, and our wishes and ideals; now let's talk about the price.

Hauser, being a technician, didn't have the cunning of a businessman and directly stated the shareholders' bottom line.

Since the matter had already come to this point, Xing Baohua still didn't care about the ten million British pounds. He immediately agreed to their condition of purchasing 51% of the shares for thirty million British pounds.

The drafted agreements have all been signed; the rest is about perfecting them, which requires the help of professional lawyers.

The draft agreement had one condition: neither party could renege on the agreement before it was formally signed. Whoever breached the agreement would pay a penalty of 200 million British pounds.

Formal contract signing takes several days, during which time things can easily change. Without some binding force, what if the other party reneges? And do the Eagle people always like to renege on their promises?

Xing Baohua can come up with 200 million pounds, but the other party may not be able to. If they had the money, why would they be working in a warehouse designing chip diagrams?

To ensure the acquisition of ACOM would not be disrupted, Xing Baohua instructed Hauser to bring a confidentiality agreement to all shareholders after the draft agreement was signed. This agreement stipulated that information could only be released after the formal agreement was signed, and anyone who leaked information during this period would be held accountable and face hefty penalties if caught.

As the acquisition of ACOM entered its most critical phase, Xing Baohua instructed the traders around him to prepare to liquidate their Newport Wafer shares.

Stocks are not as exciting or profitable as foreign exchange, but you can earn twice as much.

All the hidden accounts left behind by Zhao Shanhai were used to purchase Newport Bank stock. This money was taken from profits in his electronic foreign exchange account.

Once the contract with ACOM is signed, Xing Baohua will profit £300 million. As for the £40 million in short-term bridge loan interest, is that even a big deal?

Two billion is just lying there to scare people.

He's incredibly good at bluffing.

Within three days, after signing the 51% share acquisition agreement with ACOM, Xing Baohua convened the first shareholders' meeting to re-elect the chairman. Xing Baohua was elected smoothly because his slogan was, "Lead you to make money."

Afterwards, the entire ACOM company moved to Hong Kong and merged with its software park to form a new company.

The software park will also make a valuation, and after merging with ACOM, there will be a new value standard.

In reality, it's a disguised form of capital increase and share expansion, diluting the shares held by ACOM's minority shareholders.

Later, Xing Baohua will spend more money to kick them all out.

After completing all this, he announced to the public that Xing Baohua had acquired the chip design company ACOM.

The entire chip design team will soon be going to Hong Kong with Xing Baohua.

Subsequently, Xing Baohua repaid the 2 billion pound short-term bridge loan, along with the principal, and the 2.24 billion pound interest.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!