Chapter 159: The Three-Minute Enthusiasm



"Yes! My original idea for the Southern Group was indeed to make a fortune from the Wu family, but now I have decided to take this big piece of fat meat."

Mo Zhexuan spoke his thoughts calmly, a cold glint flashing through his calm eyes. He flicked the ashes of his burnt cigar with his right finger and continued:

"The main reason is that Southern Group is indeed a high-quality asset. With its control of over 70% of the Hong Kong frozen food market, it is an inexhaustible gold mine."

"On the one hand, it can complement the fragrant duck. On the other hand, as the reform and opening up of the mainland deepens, the voucher-based supply system will gradually be relaxed, and we can also take advantage of this opportunity to enter this huge market."

Of course, this is not the most fundamental reason. If the Southern Group is taken down, it will be more convenient to smuggle meat products to polar bears, and the polar bears' abundant fish resources can also be sold to the world. The benefits are countless.

"Mr. Mo! If you want to control the Southern Group, I estimate it will cost at least HK$1 billion. This is assuming everything goes smoothly. Otherwise, if things get tough, it will cost more than HK$1.5 billion."

"The most important thing is that the Wu family has been running the Southern Group for many years. Besides HSBC and Standard Chartered Bank, the other three remaining shareholders are all former followers of Wu Yuanzhi, the founder of the Southern Group, who conquered the world..."

Wang Pengfei drank a few sips of tea silently, calculated the funds needed in his mind, and then expressed his opinion with a serious expression.

The institutions currently holding shares of Southern Group are as follows: Ruitai Securities holds 29.33%, the Wu Zhongwei family holds 25.23%, HSBC holds 10.25%, Standard Chartered Bank holds 8.21%, and the other three shareholders are Huang Ruixin, Hu Zhiyong, and Li Tao, holding 6.25%, 5.12%, and 4.24% respectively. The remaining 12.37% of shares are held by the public.

"Don't worry! Ruitai Securities won't be the only source of funds for the acquisition. Our headquarters will provide an initial funding of HK$500 million. If that's not enough, I'll raise funds."

Mo Zhexuan almost instantly understood the thoughts of his capable subordinate. Everyone has selfish desires, which is understandable, but the overall situation must be obeyed.

"Mr. Mo! Then I'm relieved. It's not that Ruitai Securities doesn't have the money, it's mainly because they have already made plans and arrangements for the funds."

Wang Pengfei breathed a sigh of relief. As a distributor, Ruitai Securities naturally made a fortune after helping China Gas Company and Fragrant Duck to issue stocks. Although it could not take out 1 billion Hong Kong dollars, it still had 500 million Hong Kong dollars.

"I don't care about your little calculations. By the end of June this year, we will have everything settled on the financial statements."

Mo Zhexuan deeply understands the principle of trusting people when you employ them, and not employing people if you don't trust them. Especially in the financial market, opportunities are fleeting, so you must boldly delegate power, but also have necessary supervision.

After all, this is not a small amount of money, but hundreds of millions, or even hundreds of millions of funds. As the old saying goes, we should be on guard against others, but we should not have the intention to harm others. The most important thing is to grasp the right degree in the middle.

"Mr. Mo! Just wait and see. I promise to give you a satisfactory answer."

Wang Pengfei felt the taste of nicotine and said confidently.

The two chatted in the office for a while, and then Mo Zhexuan continued to deal with the documents on his desk with his secretary Wen Jing. If there were any unreasonable parts in the documents, he would call the relevant person in charge to discuss and correct them. They were busy until five o'clock in the afternoon before they finally gave instructions on all the accumulated documents.

Many people envy their bosses! After all, they are the bosses who have the final say in the company. However, the pressure of being a boss is very great. You will have to bear more responsibilities because there are thousands of families standing behind you.

Of course, this refers to responsible bosses. If they are irresponsible, they will be like the famous boss Xu, who enjoyed his life but caused serious harm to millions of people.

For nearly a month, Mo Zhexuan devoted all his time to work, with his main focus on Shengu Youlan Milk Tea Company, Yizherenxin Company, Deep Sea Trading Co., Ltd. and Three Minutes Hot Newspaper Co., Ltd.

The first three of these four companies were established within the last three months, and are almost all in the stage of competing for the market. Three Minutes Hot Newspapers Limited is the most miserable. Since the implementation of the free newspaper strategy, it has been in a state of loss, but it has also made all newspaper companies in Hong Kong uncomfortable, and has seized more than half of the market.

Free is a powerful weapon in any era. The daily sales of the newspaper "Three Minutes of Heat" had dropped to less than 10,000 copies, but it was revived instantly by relying on the free trick, making the two largest and second largest newspaper companies in the newspaper industry, "Oriental Daily News" and "Sing Tao Daily", cry for their parents.

The current head of the Ma family, Ma Tingqiang, and the head of Sing Tao Newspapers, Wu Xian, a pair of enemies with deep hatred, actually chose to unite and unite all Hong Kong newspapers to boycott "Three Minutes of Heat". They even put pressure on the Hong Kong government and spread rumors that Mo Zhexuan was engaged in malicious competition.

After hearing the news, Mo Zhexuan just smiled disdainfully and conveyed his position to the outside world through "Three Minutes of Enthusiasm" on the spot: he doesn't care about life or death, and will fight if he doesn't accept it.

These eight characters were so shocking that they moved the gods and ghosts to tears. In a very short time, they spread to the ears of dignitaries and ordinary people, and also made the popularity of "Three Minutes of Heat" reach a climax.

Just as the popularity was growing, Li Yunfei, general manager of the Three Minutes Heat Company, announced a sales data to the outside world. In three months, the sales of scented duck increased by 20%, and the sales of Deep Valley Orchid milk tea increased by 35%.

At the same time, the latest advertising space investment plan was announced, with the front page and sub-page occupied by Shen Gu You Lan and Xiang Xiang Ya with HK$50 million and HK$20 million respectively.

The announcement of this news instantly attracted the attention of a number of luxury brand owners. No one was a fool. Although they all knew that Fragrant Duck, Deep Valley Orchid, and Three Minutes Hot Newspaper were Mo Zhexuan's companies, they were afraid of data falsification.

But after market research, a host of luxury brands from all over the world came to Hong Kong, waving their money and joining the three-minute craze just to buy a newspaper page.

Li Yunfei immediately held a grand investment promotion conference, soliciting investment for different types of newspapers, including daily, semi-weekly, weekly, ten-day, monthly, bimonthly, and quarterly. He immediately turned the three-minute enthusiasm into a profit and made a fortune.

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