Chen Shuqin listened carefully to her nephew's explanation, and her mind was also thinking rapidly.
After 10 years of reform and opening up, the mainland's economy has developed rapidly, the size of cities has continued to expand, there are more and more high-rise buildings, people's clothing has become more and more fashionable, and there is more money in their pockets.
These are all visible to the naked eye.
As a "patriotic Hong Kong businessman", Chen Shuqin has invested all over the country (mainly buying buildings and houses) and has a deep understanding of this change.
Chen Xia saw her aunt nodding slightly, so she explained:
“When we first started setting up drugstores across the country, I estimated that there was a high probability of losses. I planned to buy all the stores instead of renting them, just to spend the profits of our Four Seasons Group in mainland China.
By then, we'll be the largest drug and cosmetics retailer in the country, and all our stores will be heavily capitalized. What do you think the market capitalization of such a company could be? Aunt, this is no small business. If we do it right, we'll be incredibly profitable."
Chen Shuqin was a little puzzled: "Why buy stores instead of renting? This would put too much financial pressure on the company and would be detrimental to rapid expansion."
Chen Xia pointed at the Hong Kong street scene outside the car window:
"Look, little aunt, will the price of these storefronts be the same 10 years ago as it is 10 years from now? The bulk of the profits go to the landlord and rent when you open a store.
So we should take advantage of the low prices now and buy more stores in busy areas of the city. In 10 or 20 years, even if our drugstores are not profitable, the appreciation of these stores will be enough for us to make a lot of money.
Chen Xia had one more thing to say, which he used a popular internet phrase to describe it: It was not Jack Ma who defeated the physical stores, but the landlords.
The high rent and exaggerated housing prices have become the biggest cancer that harms physical stores and the development of social retail industry.
How can they continue to do business when their blood has been sucked dry? How can they not raise their retail prices?
If your price is high, how can you attract consumers to buy?
As Chen Xia slowly painted the pie in the sky, Chen Shuqin's eyes became brighter and brighter.
History has proven that Chen Xia's vision is very unique. So far, all of the Chen family's investments have not failed, and all of them are in highly profitable industries.
So from the bottom of her heart, Chen Shuqin was convinced by her eldest nephew.
Chen Xia is still painting his big cake:
"We will gradually monopolize the Hong Kong market, and then the mainland market. Once we have conquered the entire domestic market, we can gradually expand overseas. By then, most of the medicines produced by Nanguateng will be sold by Four Seasons Hospital and Longfeng Pharmacy alone.
Others are the world's largest hotel chains, but we are the world's largest hospital and pharmacy chains. Look, it will be hard for us not to get rich. Maybe one day our Chen family can become the world's richest family."
Chen Shuqin looked out the window, muttering to herself, "The world's largest drugstore chain?"
A week later, Longfeng Pharmacy and Four Seasons Group held a joint press conference.
It was announced that Four Seasons Group would acquire 52% of Longfeng Pharmacy shares held by Xu Longfeng at a price of 80% of the closing price of the day, becoming the largest shareholder in one fell swoop.
Wait, some people may say that this is wrong?
It was clearly a 50% premium, but how come when it was publicly announced, it was only 80% of the market price? That's a difference of half.
That’s right, this is a duet between Xu Longfeng and Chen Xia.
Because Chen Xia’s ambition is to take over the remaining shares, delist and privatize "Longfeng Pharmacy".
If there is too much good news and speculators know about it, the stock price will rise rapidly under the stimulation of this good news, which is not good for the acquisition offer.
The stock price has gone up, so who would be willing to sell? Everyone must be waiting for the price to rise, waiting for the lion to open its mouth and make a fortune. This is all cutting Chen Xia's blood.
Therefore, in order to ensure the smooth acquisition, negative news about Longfeng Pharmacy continued to appear.
Previously, Chairman Xu Longfeng was critically ill and hospitalized, and the stock price had already fallen.
Later, the three brothers of the Xu family fought over the family property. The outside world was generally pessimistic about the future major shareholder, which led to another sharp drop in the stock price.
Now the Xu family would rather lose 20% than transfer the shares. There must be some unknown major negative factors behind this.
As soon as this negative news came out, investors began to sell their shares, and even small individual shareholders could not sit still, and the stock price fell again.
During these waves of decline, Chen Xia took the opportunity to buy a lot of circulating shares in the market. At the same time, with the help of Xu Longfeng, he bought back the majority of shares from other small shareholders at a premium of 30%.
When Four Seasons Group's holdings exceeded 80% at once, the delisting process officially began.
The acquisition was finally completed, and Chen Xia paid an additional HK$800 million, which was much less than originally expected. Four Seasons Investment Company made a great contribution.
Capital speculation is so satisfying. Once the news comes out, a few people responsible can make hundreds of millions.
Alas, you, the Hong Kong Securities and Futures Commission, cannot investigate this case for insider trading. After all, Xu Longfeng's critical illness and the dispute over the family property among the three Xu brothers are real events.
As for the transaction price, there are too many possibilities. What about the Yin-Yang contract? Wouldn't Chen Xia secretly transfer funds from abroad to the Xu family trust fund in the name of "Jade Fund"?
Can you find out? The chairman of the Jade Fund is also surnamed Xu. Maybe he's related to Xu Longfeng? What's it to you?
After privatization, Longfeng Pharmacy became a branch of Four Seasons Group and no longer disclosed its financial situation to the public.
Chen Xia's thinking is relatively conservative. As long as he has enough money, none of the branches under Four Seasons Group will choose to go public.
Of course loans are needed. Spending other people's money to develop one's own business is the basic operation of every unscrupulous capitalist.
If you make a profit, it’s yours; if you lose money, it’s the bank’s. In any case, you make money.
Chen Xia himself could never have dreamed that after coming to Hong Kong to celebrate the Spring Festival, he would actually acquire a listed company. It was really bizarre.
After the acquisition of Longfeng Pharmacy was completed, Chen Xia handed over all the matters such as personnel integration, financial auditing, etc. to his aunt.
There are so many business elites in the Four Seasons headquarters building, and this little thing is not difficult for them.
Since the triplets and Chen Dong were about to start school, Gu Lin, Chen Chun and their children went back to the mainland first.
As a parent and the eldest brother, Chen Xia must go in person to understand the third son's academic progress, care about his living conditions, etc., in order to take a look at such a big event as his internship in the United States.
Seeing her elder brother rushing to the airport with his suitcase in a hurry, Chen Qiu was full of suspicion. She always felt that Chen Laoer had other purposes in personally sending her to the United States, which felt weird.
But she was still too young, so what if she was smart? How could a little brat who had never been in love understand men?
This cheating man's IQ is higher than Einstein's, at least 170, for sure.
Yes, Chen Laoer found an opportunity to visit Xu Yuan and her three children whom he hadn't seen for more than a year.
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