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His eyes wandered between the lines of numbers, sometimes frowning, sometimes nodding slightly, constantly simulating various possible situations in his mind.
If a large number of stocks are acquired in the market, the stock price will inevitably fluctuate greatly. Will the target company notice it and take countermeasures?
Once other investors follow suit, how can we control the situation?
As he thought more deeply, he gradually discovered that He Yuzhu's acquisition method seemed to be unconventional, but in fact it contained hidden secrets.
By adopting this approach, there is no need to engage in lengthy, tedious and game-filled negotiations with those stubborn and calculating major shareholders, and many potential obstacles and traps can be avoided.
It was like cleverly bypassing a thorny jungle and directly opening up a new path to the goal.
In the complex chess game of the capital market, the dispersed acquisition of small shareholders' equity can be regarded as a brilliant move.
Small shareholders often have limited capital and weak risk tolerance. Once there is any slight disturbance in the market, they are prone to panic and rush to cash out.
Huo Yingdong keenly captured the characteristics of this group. He knew that as long as he cleverly utilized this psychology, he could gradually accumulate sufficient equity shares at a relatively low cost, just like small streams converging into a river.
At that time, control of the company will quietly fall into your hands.
Thinking of this, Huo Yingdong's brow, which had been furrowed due to planning the acquisition, gradually relaxed. A confident and sharp light flashed in his deep eye sockets, as if he had already seen the bright prospects of the successful implementation of the plan, and he became more and more confident in the feasibility of this carefully conceived plan.
In the grand landscape of the capital market, the company's successful listing is undoubtedly a landmark milestone.
This not only means that the company has entered a broader and more dynamic capital stage, but also means that the company now has a "golden key" to unlock infinite possibilities.
Once entering the capital market, a company can use the powerful method of issuing new shares to open a huge absorbing net to widely absorb idle capital from all corners of society.
These capitals will be like a powerful source of power, continuously injecting into the company's development, providing sufficient power for its own expansion strategy, helping the company to achieve rapid expansion and upgrading of its business scale and climb to higher business peaks.
For a group company that aims to build a huge business empire, the difference between owning a listed company and not owning one can be as great as the difference between heaven and earth.
Listed companies can not only provide financial support for the group's development with their strong financing capabilities, but also leverage the influence of the capital market to enhance the group's brand image and market position.
Take Yu Ren Watercraft Company as an example. Its current total market value is only over 200 million. Under the continuous impact of market fluctuations, its stock price trend is like a kite with a broken string, continuing to decline and has fallen below the 200 million mark. It is like a lone boat shivering in the cold winter of the capital market. This undoubtedly creates an excellent opportunity for Huo Yingdong's acquisition plan.
In today's highly competitive business environment, acquiring a listed company outright for a low price of 200 million is undoubtedly an extremely attractive deal.
A careful analysis of the company's asset composition shows that it owns a number of high-quality properties with excellent geographical locations and close to the docks. These properties not only have good appreciation potential, but also provide a source of stable rental income.
In addition, the company also operates a number of mature and highly promising routes, connecting multiple important ports, with a large customer base and stable transportation demand.
What is more worth mentioning is that the company owns a considerable number of core assets such as ships, all of which are in good operating condition and are a solid guarantee for the company's operations.
These assets not only generate stable cash flow income, but also contain huge room for value-added in future market development. They are undoubtedly extremely attractive to acquirers who are interested in investing in related fields such as shipping and logistics.
"You have a unique vision. You can actually discover such a high-quality and low-priced company."
In the complex chess game of business, every decision determines the ultimate success or failure, and acquiring a company is a thrilling strategic game.
However, in order to successfully complete an acquisition, many key factors are like reefs hidden under the water, and any failure to pay attention may lead to the failure of the acquisition plan.
Among them, the shareholding ratio of major shareholders is the key factor that needs to be paid close attention to first.
Taking Yu Ren Group as an example, its shareholding in Yu Ren Watercraft Company is only 30%.
This ratio may not seem high, but it is like opening a half-closed door for those who covet it, providing potential acquirers with a certain amount of operating space and possibilities, making the acquisition plan initially feasible.
In fact, in the vast and turbulent ocean of the capital market, low-priced companies are not uncommon.
They are like countless seashells of various shapes on a beach, and are everywhere. Among them, companies with a market value of less than 500 million are even more numerous.
These small-cap companies have different situations. Some are struggling in the quagmire of poor management due to strategic errors and chaotic management; others have lost their way in the increasingly fierce industry competition and cannot find a way forward. The data on the financial statements seem to be shrouded in haze, dim and bleak.
However, it is not easy to accurately locate a company with acquisition potential from this vast number of small-cap companies. It is as difficult as finding a needle in a haystack.
The reason is not complicated. If the relationship between a company's major shareholder and the second largest shareholder, or even other shareholders, is as close as a large ship tied together with thick and tough ropes, with each part fitting together seamlessly and cohesively, then it will undoubtedly become extremely difficult to pry open this huge "ship" and successfully complete the acquisition.
Shareholders often stand firm and will not be easily shaken when faced with acquisition offers from outside, either based on the deep trust accumulated from long-term fighting and cooperation, or because of the strong family blood ties.
They are like a well-trained army, united in building an indestructible line of defense. From decision-making to actual actions, they resist the acquirer's offensive in all directions, making it difficult for the acquirer to find a breakthrough and deterring them.
In general, within the rules of the capital market, if one shareholder of a company holds more than 50% of the total shares, it means that they have a firm grasp of the company's absolute control and have the key power to veto all matters of the company.
At this time, successfully acquiring such a company is almost equivalent to challenging an iron wall made of reinforced concrete. The probability of success is very small, and many insurmountable obstacles need to be overcome.
However, the equity structure of Yu Ren Water Boat Company presents a unique and complex pattern.
A deeper analysis of the company's shareholding structure reveals that a portion of it was held by influential foreign companies, which was not uncommon in the business environment at the time.
However, a careful examination of the shareholding details of the top 10 shareholders reveals a crucial piece of information: the total number of shares they hold does not exceed 50%.
This kind of equity distribution makes the company's equity relatively dispersed, making it difficult for one company to have absolute control. Shareholders check and balance each other, and in the company's decision-making process, it is difficult for any party to dominate major affairs on its own.
What is even more difficult is that the current market environment is extremely severe for Ren Airship Company.
The company is about to face fierce competition from the two hydrofoil boats. Relying on advanced technology and unique performance advantages, these two hydrofoil boats have quickly captured market share once they are put on the market.
Chapter 691
Compared with Yu Ren Airship Company's traditional products, it has demonstrated a clear leading position in terms of speed, comfort and fuel economy.
This situation undoubtedly brought a huge impact on Yu Ren Airship Company's product sales and market position. Product sales declined significantly and market share was continuously eroded.
This fierce competition has triggered a strong chain reaction in the capital market.
Based on the current situation, professional market analysts have significantly lowered their expectations for its future earnings. Investors who were originally optimistic about the company have suffered a severe blow to their confidence under the influence of such pessimistic expectations.
In this situation, small and medium-sized shareholders, based on the practical consideration of preserving and increasing the value of their own assets, have made the decision to sell their shares, trying to stop losses in time before the stock price falls further to avoid greater losses to their own wealth.
Their series of operations further exacerbated the fluctuations in the company's stock price, making Yu Ren Airship Company's situation in the capital market even more difficult.
At this moment, He Yuzhu was sitting in a spacious and bright conference room, his eyes slightly focused, his expression showing some thoughtfulness, as if he was repeatedly weighing the pros and cons in his mind.
He twirled the pen in his hand slightly and suddenly asked, "Mr. Huo, with your business ambitions and plans, are you interested in acquiring a listed company?"
Upon hearing this, Huo Yingdong paused in his hand that was holding the teacup, and a sharp glint flashed in his eyes, which was a businessman's instinctive grasp of opportunities.
He answered without hesitation, "Of course. In this turbulent business climate, acquiring a high-quality listed company is undoubtedly a key step in expanding my business territory. I naturally wouldn't miss such an opportunity."
He Yuzhu then nodded slightly, leaning forward slightly, and continued, "I've been researching the market recently and noticed that Yu Ren Group has another listed company, Yu Ren Insurance. From its equity structure to its market operations, this company is quite similar to Yu Ren Watercraft in many aspects. There may be similar acquisition opportunities hidden behind it, which is worth our attention."
"Yu Ren Insurance?" Huo Yingdong frowned slightly, a hint of doubt flashed in his eyes. He was obviously quite unfamiliar with the name. He subconsciously repeated it in a low voice, his tone full of inquiry.
He Yuzhu keenly caught his expression and answered affirmatively without hesitation, his words revealing confidence: "Mr. Huo, you may not know that Yuren Group's control over its two subsidiaries is not strong. In my opinion, Yuren Insurance's equity structure is similar, and there is also a lot of room for maneuver. With careful planning, it won't be difficult to acquire it."
A sharp light flashed in Huo Yingdong's eyes for a moment, as if the treasure he had been searching for in the darkness for a long time had finally been revealed.
His body straightened unconsciously, his voice rose unconsciously, and he asked eagerly: "Do you have detailed information about this company?" His tone was full of irrepressible desire, as if this company carried the major opportunity he had been thinking about.
Seeing this, He Yuzhu raised the corners of his mouth slightly, revealing a confident and determined smile.
He took out a document from the inner pocket of his custom-made suit with calm and elegant movements. The document was carefully arranged with neat edges and corners, and it was obvious that a lot of thought had been put into its creation.
Yes, this is exactly the detailed information about these two companies.
He handed the document to Huo Yingdong without hesitation, with a calm look in his eyes, as if to say that he had long expected the other party to ask such a question, and everything was in his plan.
Upon seeing this, Huo Yingdong's eyes instantly became as sharp as an eagle. He stretched out his hands impatiently and took the document steadily, with an uncontrollable eagerness in his movements.
He leaned forward slightly, his eyes as sharp as torches, scanning the paper rapidly, not missing a single word or piece of data.
He scrutinized every detail meticulously, as if he wanted to imprint every bit of information in the document deeply in his mind.
The office was almost suffocatingly quiet, with only the rustling sound of papers being turned, faintly echoing in the air.
Time seems to have frozen, and every second is infinitely stretched.
After a long time, the corners of his mouth, which had been tightly taut, slowly relaxed, and an imperceptible look of satisfaction crept onto his face, like fireworks quietly blooming in the night sky.
He nodded repeatedly, his tone filled with undeniable conviction as he spoke, "Indeed, a deeper analysis reveals that these two companies are practically identical in their core business areas of expertise and future development potential, as if they were cut from the same mold."
He Yuzhu pretended to look through the documents, but in fact he was observing secretly.
Seeing this scene, his heart, which had been hanging in his throat, quietly fell back to its original place, but on the surface he still looked calm.
With a perfectly calculated smile on his lips, he spoke to Huo Yingdong calmly and with precise rhythm, "After careful consideration, from the perspective of business compatibility and resource integration, I believe that only one of these companies can firmly support my business layout and achieve my strategic goals. If Mr. Huo is interested in either company, he is free to choose. I sincerely offer it to you."
When Huo Yingdong heard this, he was stunned for a moment, as if his whole body was frozen. Then he threw his head back and laughed out loud. His laughter was so hearty that it seemed to break through the ceiling of the office.
His eyes were filled with amusement, as if he had discovered an interesting puzzle. He jokingly said, "Haha, it's really unexpected that you've been so interested in this Yu Ren watercraft so long ago and put so much thought into it. Well, if that's the case, then I won't join in the fun and leave the opportunity to you."
"In that case, I'll choose Yu Ren Insurance."
Having said that, his expression suddenly changed as soon as he finished speaking.
The originally relaxed brows were suddenly wrinkled as if by a sudden gust of wind, and instantly twisted together, as if being grabbed by an invisible and powerful hand.
His eyes were fixed on the stack of documents in his hand, as if he wanted to see through it. The paper was slightly wrinkled under his tight grip, and irregular folds appeared on the edges.
Then, he lowered his head slightly and muttered to himself thoughtfully, "Wow, this company's total market value is a whopping 1000 million..."
His tone was full of astonishment and disbelief; his wide-open eyes and slightly parted lips expressed the shock he felt at the moment.
This number far exceeded all his previous estimates. It was like a heavy hammer hitting his heart, making it pound. For a moment, he was caught off guard, and his thoughts were in chaos.
Upon careful consideration, given the current situation, at least 500 million yuan in cash would be needed to successfully acquire a stake in this company.
This 500 million is not a small amount that can be easily pulled out of one's pocket. For any investor, it is a considerable financial burden, like a heavy mountain that makes it hard to breathe.
Moreover, acquisition is by no means a simple task that can be accomplished overnight. It is more like a long journey through thorns, full of twists and turns and variables.
In this process, the market is like an extremely sharp hunter, and any slight disturbance will easily trigger its vigilance.
Once the market's keen sense of smell catches the slightest hint of an acquisition, investors from all walks of life will rush into the market like sharks smelling blood.
In this way, the stock price will inevitably rise as if pushed by an invisible and powerful hand.