Lihua Garment was originally a garment manufacturing company with a registered capital of HK$10 million, specializing in the production of finished garments.
Its owner, Wang Fugui, is a native of Hong Kong and has deep feelings and unique insights into the garment industry.
However, due to changes in the market environment and mistakes in the company's business strategy, Lihua Garment gradually lost its former glory.
The factory is located in the Pat Sin Leng area of Tai Po, New Territories, covering an area of more than 100 acres.
But the number of employees has shrunk to more than 100, which is far from the tens of thousands of employees at its peak.
Lihua Garment's market value is HK$20 million, but it owes HK$30 million, and is not far from bankruptcy.
After in-depth research and evaluation, Jinshi Securities saw its potential listing value and market potential, and finally successfully acquired the shell company for HK$8 million.
After the acquisition was completed, Jinshi Securities transferred Lihua Garment to Xiangwei Duck Company for HK$10 million. At the same time, it worked with Hang Seng Bank to make careful preparations for Xiangwei Duck's listing on the Kowloon Stock Exchange.
Although Lihua Garment's original business and financial situation were quite different from those in the food industry, after a series of asset divestiture and integration measures.
The company successfully shifted its main business to the food industry and successfully passed the listing approval of the Kowloon Stock Exchange.
At this time, in a conference room in the Deep Sea Headquarters, a group of senior executives gathered together to discuss the stock issuance time of Fragrant Duck Co., Ltd.
"At present, all assets of Fragrant Duck and Lihua Garment have been successfully integrated into the new Fragrant Duck Co., Ltd., and with the assistance of Hang Seng Bank, the warrants have been successfully obtained."
"After careful calculations and in-depth discussions with the Kowloon Stock Exchange, we have decided to issue 50 million shares at a price of HK$10 per share."
"For the old shares held by shareholders of the original listed company, we will issue shares in accordance with relevant regulations to ensure that the rights and interests of every shareholder are protected."
"We fully respect the individual wishes of shareholders regarding whether to choose the rights issue and will publish this information promptly and comprehensively through major newspapers and periodicals so that shareholders can understand the relevant circumstances and make their own choices."
"Goldstone Securities, as one of the underwriters of this offering, will be solely responsible for issuing 25 million shares, while the remaining 25 million shares will be issued by Hang Seng Bank..."
Lin Xingwen, head of capital operations at Jinshi Securities, gave a detailed introduction to the process and related matters of the issuance of the fragrant duck.
"Okay! Has the release date been confirmed?"
After reviewing the issuance plan, Mo Zhexuan nodded with satisfaction.
Now he basically controls the overall situation, and all specific matters are completely delegated to his subordinates. He wants to learn from Li Chaoren in this regard.
Li Chaoren once said a famous saying, "Talent is inexhaustible and can be used endlessly. If you are good to others, it is natural that they will be good to you. Anyone in the world can become your core person."
"The tentative date is August 15th."
Lin Xingwen immediately told the date, but it was not so easy to release it.
The interests of all parties must be managed well and promoted well, otherwise if the issue price falls below the target, it will be a complete failure.
"Li Wei! Have you guys distributed the contents of the fragrant duck?"
Mo Zhexuan looked at Li Wei, the general manager of Fragrant Duck.
"Mr. Mo! No problem. We've already drawn up a stock ownership plan for our outstanding management and store managers. Most people are very satisfied, so everyone is happy."
Li Wei is now in high spirits. Once the Fragrant Duck is successfully listed, the shares he holds will bring considerable profits and may even make him a multi-millionaire.
"Okay! Then the issuance date will be set on August 15th. You must maintain close communication with Hang Seng Bank to ensure that the stock issuance can proceed smoothly and successfully." Mo Zhexuan solemnly instructed.
“........”
Time flies. In the next two months, the news of Fragrant Duck Co., Ltd.'s backdoor listing became a hot topic.
Through a series of carefully planned publicity campaigns, the company's visibility and brand image have been greatly enhanced.
The market's expectations for this stock issuance are growing, and investors have expressed strong interest.
On August 15, Fragrant Duck Co., Ltd. was successfully listed on the Kowloon Stock Exchange.
This is a memorable day. For the company, it means a new beginning, and for investors, it means a new investment opportunity.
On the day of listing, as soon as the stocks were released, enthusiastic investors poured into the market like a tide, and the scene was bustling and lively.
Inside the Kowloon Stock Exchange, the atmosphere was particularly tense and exciting.
The trading hall was crowded, and every corner was filled with the anxious breathing of investors.
They stared at the stock price changes on the screen, afraid of missing any trading opportunity.
"Xu Ji, please help me buy 10,000 shares of Fragrant Duck immediately!" a middle-aged man said to his stockbroker anxiously.
"I want to buy 20,000 shares of Fragrant Duck, and I want the deal done as soon as possible!" Another young investor followed closely behind, his voice revealing unquestionable determination.
“I want to buy one too…”
“Please help me place the order…”
Inside the stock trading room, the sound of buying orders continued to ring out.
Every stockbroker is busy writing trading orders, trying to get the best price for his clients among the numerous transactions.
Mo Zhexuan and a group of senior executives secretly patrolled the various stock trading rooms. Their eyes moved among the bustling shareholders, observing the grand occasion of the listing carnival.
In such a heated trading atmosphere, the existence of "shills" is inevitable. Their fundamental purpose is to create a hot trading atmosphere and attract more investors to follow suit and buy.
In the following week, the price of Fragrant Duck's issued shares continued to rise, stabilizing at between HK$45 and HK$50 per share, with a market value reaching an astonishing HK$2.2 billion.
This also made Mo Zhexuan the talk of the town. His net worth reached the threshold of the 10 billion club, making him a well-known first-generation rich man among the younger generation in Hong Kong. He attracted the attention of countless young girls, who all wanted to achieve a class leap like Guan Jiahui and become billionaires.
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