Time flies.
The once popular [Shuxianglou] gradually fell into silence. The company's stock was ruthlessly abandoned by investors and eventually fell to around 3 Hong Kong dollars and completely flat.
The scale of the company is gradually shrinking. Today, a restaurant is sold, and tomorrow, a restaurant is sold. The hollowing out situation is very serious.
If this continues, it will not be surprising
that it will be delisted one day. Du Shaojie and others are watching the excitement, but there is one thing that is strange. [Shuxianglou] itself is not in a hurry.
Since the opponent has fallen flat, [Bailian Catering] does not need to make any more efforts.
Various promotional activities have never stopped during this period, especially the Food Festival, which involves a lot of energy from everyone. It's very tiring
. Du Shaojie is not going to organize any activities after the Food Festival. The employees have to take a breath, right?
"Mr. Du, have you considered taking over the stores thrown out by [Shuxianglou]?"
This morning.
Winnie went to Du Shaojie's office and talked to him about some work matters. After the business was settled, she suddenly asked curiously.
[Shuweixiang] gradually sold the restaurants under the listed company, because they are still operating normally, and they can use them after taking over, which is more cost-effective than opening a new store.
Shouldn't [Xichuan Restaurant] take this opportunity to actively expand?
"Don't just look at the surface of things. They are playing the game of transferring from left hand to right hand. If you don't believe it, wait and see. These restaurants will eventually belong to the name of [Shuxianglou] Group Company."
Du Shaojie smiled and shook his head. On the one hand, he did not have the desire to continue to expand, and on the other hand, he was also very clear that even if he wanted to take over, they would not do it.
Winnie thought about it for a while and figured out the doorway here.
She didn't continue this topic and got up to say goodbye.
A few days later.
Some media published an article criticizing [Shuxianglou] for its inaction, saying that the other party was messing around with the hard-earned money of investors.
In fact, this is not wrong. A catering company with a century-old history has lost its enterprising spirit when it encounters a little difficulty. It is not shameful to live by selling assets and collecting franchise fees?
The article resonated with many people, and everyone accused Shuxianglou of being irresponsible.
Under this wave of public opinion, the stock price of Shuxianglou broke down again, and even fell below the life-and-death line of 1 Hong Kong dollar during the trading session.
At this point, even a fool knows that Shuxianglou is impossible to come back to life.
At this time, in a luxurious office building in Hong Kong, Li Zekai and Ma Puwei were sitting in a spacious office.
"Mr. Li, the heat is almost there, let's enter the market."
"Well, then proceed according to the original plan."
After Li Zekai and Ma Puwei withdrew from the shareholders of Shuxianglou, they began to actively support an Internet technology company.
They controlled the company behind the scenes, and now the time is ripe for a backdoor listing.
The target is Shuxianglou Co., Ltd. Although the other party's development prospects are not good, the company's foundation is very clean, and there are not so many messy things.
Shuxianglou cooperated well with the two people before leaving the market, and now it is time for them to return the favor.
"Should we notify Yin Qiang?"
The two of them were allies with Yin Qiang before, but the last incident was over, and Ma Puwei was not sure whether Li Zekai was still willing to bring him along.
"Let's notify him. That guy has great power in the mainland, and there will always be a time when he can be used in the future."
Li Zekai did not intend to abandon Yin Qiang, and Ma Puwei nodded, thinking that this was a good idea.
From the second day, big funds were quietly buying shares of [Shuxianglou]. It's just that their actions were very covert and did not attract much attention.
But no matter what, as long as they made a move, there must be traces.
The securities department of [Dingxin International] monitored this abnormal situation and immediately reported it to Liang Meiqin and others.
Du Shaojie also learned the news.
"Let's have a meeting and discuss it."
Du Shaojie always felt that [Shuxianglou] had problems with its style, and now when he heard about this situation, he immediately had countless associations.
He called Liang Meiqin, Winnie, Fan Shilun, and relevant personnel from the securities department to a meeting, and finally came to the conclusion that either someone wanted to acquire [Shuxianglou] or someone wanted to go public through a backdoor listing.
"In short, we can't let them get their wish. You guys prepare to enter the market, I'll contact the Qin Group to see if they are interested in being our joint actor."
Du Shaojie then met with Qin Mingcheng, but thought it was not safe, so he notified Pang Weidong, Xu Bo, and Ye Weiming and others.
There will definitely be a fierce battle later, and having more allies will be safer.
"Mr. Du, no need to say more, just do it!"
Qin Mingcheng was very happy to do things, and immediately decided to follow [Dingxin International] into the market.
Later, Du Shaojie also received support from Pang Weidong and others. These people were not short of money, so they did what they said and immediately entered the market to start buying.
Li Zekai and others originally wanted to do it in a more secretive way, so the buying power was not strong at the beginning, and the stock price fluctuation was also small.
As a result, after Qin Group and Pang Weidong and others left, the stock price returned directly to above HK$1, and even showed a trend of rapid rise.
Now, Li Na and Mapuwei could not sit still and hurried to find Li Zekai.
"Mr. Li, this won't work. We have to increase our buying power."
Li Zekai's face was gloomy. He had just reached an agreement with Yin Qiang, and the other party's funds had not yet been transferred, but he found that someone had begun to scramble for shares.
This would definitely increase the acquisition cost, but he had done so much work before, and he would not give up even if he was beaten to death.
"Well, then let's take full action."
He also joined the army of scrambling for shares, and the stock price of [Shuxianglou] soared. At the close of the day, the stock
price closed at HK$1.57. Two days later, its stock price rose again and stood firmly on the HK$2 mark.
The abnormal stock price movement of [Shuxianglou] attracted widespread attention. It was obviously a junk stock, but it suddenly went out of the sharp upward market. Many people were speculating on the mystery.
Many investors who hold this stock were already desperate, but faced with this sudden market situation, they didn't know how to deal with it.
Some people sold out, some wanted to wait and see, and some wanted to take a gamble and started buying with big funds.
It was very lively for a while.
A few days later.
[Shuxianglou] announced a temporary suspension of trading. A local technology company and its concerted actors, as well as [Dingxin International] and its concerted actors, simultaneously announced that their respective holdings of [Shuxianglou] shares reached or exceeded 5%.
This is equivalent to a clear card. Enemies meet on a narrow road. Du Shaojie and [Shuxianglou], Li Zekai and Ma Puwei collided again in the stock market.
"The shadow of this Du Shaojie is everywhere! However, we have dug pits for others before. Now the situation has reversed, and it's their turn to dig pits for us."
In the conference room of Li Zekai's company, the chairman of [Shuxianglou], Yin Qiang, Li Zekai, Ma Puwei and others gathered together.
The purpose of their being together was to discuss what to do next.
"What else can we do? We have invested so many resources, of course we can't admit defeat like this. It's just money, just keep pouring it in."
Yin Qiang curled his lips. If you ask who among these people hates Du Shaojie the most, it must be him.
If he were to fight Du Shaojie alone, he would still feel a little guilty, after all, he didn't get any advantage after several fights.
So, he was the first to jump out, just to pull everyone present in.
"Mr. Yin is right, we can't give up, let's increase our investment."
Ma Puwei was the second to express his determination to fight the other party to the end.
Li Zekai nodded, and he also agreed to continue to increase his efforts, but the premise was that [Shuxianglou] had to make certain concessions.
"I hope to take over some of the shares from you. Of course, this requires waiting until all restrictions are lifted, which should be soon. As for the price, how about setting it at HK$3.5 per share?"
Li Zekai still didn't want to fight Du Shaojie and both sides would suffer losses. If he could take over some of the shares from [Shuxianglou], he would be invincible.
But the red line of the tender offer cannot be touched unless an exemption is obtained from the regulatory authorities.
"Mr. Li, you are being a bit unfair. How much sacrifice have I made for you to leave? You also promised to compensate, but this price is far from enough."
The chairman of [Shuxianglou] was furious when he heard this.
That's not what he said at the beginning. Now that the other party's acquisition plan has encountered difficulties, they are going to take him as a scapegoat?
He will never agree.
Li Zekai and his friends could not discuss it anymore. [Shuxianglou] felt that Mr. Li was not trustworthy, and Mr. Li felt that [Shuxianglou] was greedy.
The result of this meeting was an unhappy breakup.
Du Shaojie and others didn't care about these. He and the persons acting in concert continued to buy stocks, pulling the stock price to around HK$2.5 to HK$3.
[Dingxin International] subsequently issued an announcement stating that the company's holdings in [Shuxianglou] had exceeded 10%.
Li Zekai and his friends were furious. Everyone put aside their differences and also increased their buying efforts.
When they held 10% of the shares of [Shuxianglou], the stock price had exceeded 3 Hong Kong dollars and closed at 3.29 Hong Kong dollars that day.
Then, the stock of [Shuxianglou] began a stage of unlimited rise.
The reason is that all investors, big and small, realized that this was a large-scale acquisition case, and two institutions were scrambling for it.
The mentality of investors has changed, because their expectations have been raised again and again, and they are reluctant to sell at the current price.
Next, the daily trading volume of this stock is very small, but the stock price has easily broken through 6 Hong Kong dollars.
According to this trend, it won’t be long before the stock price will stand on the 10 Hong Kong dollar mark.
"The cost of acquisition is too high if we continue like this. We have to change the way we play."
Li Zekai and others finally couldn't stand it anymore and decided to change the plan.
The chairman of [Shuxianglou] had a sad face. He didn't trust Li Zekai at all now. If there was a chance, he would rather act alone. (End of this chapter)
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