Chapter 1145 The Imperial Group wants to swallow up Huifeng Bank! Shocked Huifeng

Chapter 1145 The Imperial Group wants to swallow up Huifeng Bank! Shocked the directors of Huifeng Bank! !

The conference room of Huifeng Bank’s temporary office headquarters.

More than a dozen Huifeng Bank directors, including Mai Lisi, Ma Shimin, Tang Shilian, Wei Peter, Bao Yugang, Zheng Weijian, Shi Yuadi, Xu Shixun, Tang Maosheng, Deng Lianru and others, were sitting in their own seats.

Chairman Shen Bi was the last to appear.

When Shen Yi appeared here, the door to the conference room was closed.

Shen Bi greeted each other and sat down at the main seat of the conference room.

"Everyone, you can first take a look at this agreement from eight years ago."

In fact, this agreement was the secret agreement signed by Imperial Group and Huifeng Bank in order to acquire Hutchison Whampoa.

At the beginning, Bao Yugang and others did not know what the real content of this agreement was.

When they had the chance to take a look, Bao Yugang got the copy of the agreement.

The agreement states.

Huifeng Bank sold all its shares in Hutchison Whampoa to Empire Group, and Empire Group established a joint fund with Huifeng Bank. In addition to the investment fund provided every year during the five-year cooperation period, there is also a return on investment.

At that time, Bao Yugang and others had no idea.

Now, seeing this secret agreement, Bao Yugang was really shocked.

For investment funds such as Empire Group and Huifeng Bank, in the first year, Huifeng Bank will provide HK$10 billion, but Huifeng Bank will receive a return of 10 points, which is a profit of 1 billion.

In other words, between 1978 and 1979, Huifeng Bank's net profit increased by 1 billion Hong Kong dollars, which actually came from here.

Then from 1979 to 1980, Huifeng Bank once again made a net profit of 1.5 billion.

From 1980 to 1981, Huifeng Bank achieved a net profit of 2 billion in the third year.

From 1981 to 1982, Huifeng Bank achieved a net profit of 2.5 billion in the fourth year.

From 1982 to 1983, Huifeng Bank achieved a net profit of 3 billion in the fifth year.

According to this cooperation agreement, the cooperation between the two parties has reached this point. In other words, when Huifeng Bank sold all its shares in Hutchison Whampoa to the Imperial Group, it was equivalent to an extra 10 billion Hong Kong dollars.

Although Huifeng Bank provides investment funds, the stable return rate of 10 points is also very scary.

Next, from 1983 to 1984, Huifeng Bank achieved a net profit of HK$3.5 billion in the sixth year.

From 1985 to 1986, Huifeng Bank achieved a net profit of HK$4 billion for the seventh year.

The total of these two net profits is equivalent to an extra HK$7.5 billion.

This is also Huifeng Bank’s highest profit in recent years.

It can be said that among the directors sitting here, except for Melis and others who knew about it, Bao Yugang and others saw this secret agreement for the first time, and they were really shocked.

In other words, when Shenyang and Huifeng Bank sold Hutchison Whampoa's shares to Imperial Group, they actually gained HK$17.5 billion more.

certainly.

Huifeng Bank provides more than 100 billion Hong Kong dollars in funds.

Imperial Group has made higher profits by investing in these funds in countries around the world.

However, even then, Bao Yugang and others felt that it was indeed a very good investment for Shenbi and Huifeng Bank to cooperate with the Imperial Group in this way.

If Bao Yugang were in Shen Bi's position, he would do the same thing.

In addition, Bao Yugang may not know that Shen Bi secretly received an extra HK$300 million back then.

"Everyone, according to the cooperation agreement between Huifeng Bank and Imperial Group, in fact, it is five years, which is equivalent to two more years of cooperation now. Now, Imperial Group wants to cancel the continued cooperation with Huifeng Bank Cooperation is naturally not a breach of contract." Shen Bi said directly.

At this time, other directors around were shocked when they heard this.

It turns out that it was reported last week that Imperial Group was going to cancel its fund investment with Huifeng Bank. This must be true.

Except for the Empire Group returning the hundreds of billions of Hong Kong dollars in loans to Huifeng Bank, it will be difficult for Huifeng Bank to obtain such stable income, which means that the financial report from 1986 to 1987 will be missing a lot of money. profit.

"Mr. Shen, why does Imperial Group no longer cooperate with us?" Deng Lianru asked.

Why not cooperate?

Didn't they see that the reason why Imperial Group cooperated with Huifeng Bank was entirely because of the acquisition of Hutchison Whampoa?

Moreover, according to the agreement, the five years have ended, and now there are two more years, so it is naturally impossible to breach the contract.

Moreover, in terms of finance nowadays, it is not so easy to achieve a stable return of ten points.

The rate of return of many financial services and banks is less than five points or even four points. Now that Imperial Group is unwilling to continue to share money with Huifeng Bank, it is normal.

What's more, after the Empire Group acquired Overseas Trust Bank, Zhada Bank, and other Chinese banks, it has more investment funds of its own, so there is really no need to cooperate with Huifeng Bank.

When Deng Lianru asked this question, other directors did not say anything.

"Ms. Deng, this is how cooperation works in shopping malls. Of course, now the Imperial Group also has many directors in Huifeng Bank. You can ask these directors of the Imperial Group in Huifeng Bank."

Deng Lianru looked at Meris and others.

Meris said: "Ms. Deng, we are acting entirely in accordance with the agreement between the two parties."

If that's the case, then of course there's nothing to talk about.

The Imperial Group suddenly withdrew from its cooperation with Huifeng Bank. In addition to Huifeng Bank's revenue, annual profit, stock price, market value, etc., it was also greatly affected.

It is difficult for Huifeng Bank to find such a stable and high-return partner.

Moreover, according to their current predictions, HSBC's annual profits will plummet this year, and may directly return to the profits of five years ago.

This will hit Huifeng Bank even more.

Most of these directors hope that Huifeng Bank can develop stably.

"However, our chairman Sir Yang made a suggestion to Huifeng Bank." Meris and Shen Bi just looked at each other.

"Mr. Merlis, I don't know what the suggestion is? Can we continue to cooperate?" Ms. Deng Lianru asked again.

"After discussion with our chairman Sir Yang, our cabinet, and the secretariat, we decided to acquire Huifeng Bank."

Is Imperial Group planning to acquire Huifeng Bank?

Shock!

Except for Shen Bi, Mai Lisi and others, everyone else was so shocked that they were speechless after hearing this.

People like Bao Yugang, Zheng Weijian, and even Deng Lianru looked at Meris in surprise.

They thought they heard it wrong.

Now they suddenly react.

In addition to swallowing up Zada ​​Bank, the Imperial Group has indeed set its sights on Huifeng Bank.

No wonder, the Imperial Group is now canceling its cooperation with Huifeng Bank. It is obvious that it is to reduce the difficulty of acquiring Huifeng Bank.

Bao Yugang's expression changed several times.

He really never expected that Sir Yang would already target Huifeng Bank.

He really couldn't imagine it.

Historically, Bao Yugang also targeted Zhada Bank and even became the majority shareholder of Zhada Bank. However, he eventually exited Zhada Bank with a loss.

Although he wanted to swallow up the bank, he was unable to do anything.

As for the special nature of Huifeng Bank, Bao Yugang really never thought about it.