Chapter 611 The Second Xiangjiang Empire Group? The rise of the Jianing Empire!

Chapter 611 The Second Xiangjiang Empire Group? The rise of the Jianing Empire! !

Yuan Geng was stunned when he heard Mr. Yang's words.

Isn't this what I and Shekou Industrial Zone are pursuing?

Time is money, efficiency is life.

Now here in Shekou Industrial Zone, everything is chasing money and efficiency.

"Mr. Yang, the quote you just said is worth a thousand dollars. I have to write it down. I will have it engraved on the gate of Shekou Industrial Zone."

Yuan Geng said excitedly.

Yang Ming did not expect that this sentence was originally proposed by Yuan Geng himself in history, and was widely quoted by the old gentleman. This sentence also made Pengcheng and the country achieve rapid development in the past thirty years.

There are good ones and there are bad ones.

Now Yuan Geng thought it was him who said it.

"Mr. Yuan, I just said it accidentally."

"No! Mr. Yang, your words are worth a thousand pieces of gold. I want to write them down so that all the people in Pengcheng can learn from them."

What else could Yang Ming say?

Yang Ming followed Yuan Geng to visit the Shekou Industrial Zone all morning.

Had lunch here.

Before leaving, Yuan Geng deliberately took photos with Yang Ming and others, and asked Yang Ming to leave those words.

. . .

That afternoon.

Yang Ming, Lin Xiuzhi and others left Pengcheng and headed to Luohu Port and across to Xiangjiang River.

This time I went to Yangcheng to participate in the Canton Fair, during which I inspected the investment situation of my company in the Mainland. It took about seven days in total.

Entering Xiangjiang.

Yang Ming took the car directly back to the Repulse Bay Mid-level Villa.

At this time, Chairman Xia, Huang Yaonan, and Mou Shili returned to Yangcheng for talks.

When they arrived, they took a train directly from Guangcheng Railway Station back to Kowloon Railway Station near Hung Hom.

. . .

October 25, 1980.

The second day after Yang Ming returned to Xiangjiang.

When Yang Ming and his parents were having breakfast and reading the newspaper in the Garden Restaurant, they suddenly noticed a piece of news about Jianing Group.

Since January this year, there were rumors in Xiangjiang about Chen Songqing’s relationship with Nanyang Capital, and people around him have added fuel to the fire, hinting that his source of funds has a large background.

There are even rumors that the Jiani Group is supported by the wife of the President of the Philippines and that Mosco Bank is standing behind it. These rumors have cast a mysterious halo over Chen Songqing's head. .

Yang Ming knew that Chen Songqing had been building a personality for himself in the past few years.

From now on, Chen Songqing seems to have begun to succeed.

On July 11, 1980, Jianing Group confirmed that it had paid the final payment for the purchase of the Golden Gate Tower "as scheduled."

On July 15, Goodwill Group announced that it would transfer 75% of its equity in the Golden Gate Tower to Goodwill Real Estate for a symbolic price of HK$1, and Goodwill Real Estate would assume the rights and debts of the Golden Gate Tower.

At that time, Jiani Real Estate stated that the group intended to make a "long-term investment" in the Golden Gate Tower.

However, the words still lingered in my ears. By the end of July, Jianing Real Estate suddenly announced that negotiations on the sale of Golden Gate Tower had entered an "in-depth stage" and the sale price was approximately HK$1.5 billion.

Stimulated by the relevant news, the share price of Jiani Real Estate further surged to HK$9.

On August 14, Jianing Real Estate announced that it had reached a preliminary agreement with the Bai Ning Shun Group held by Lin Xiurong and Lin Xiufeng brothers, founder of Hengxuan Bank Lin Bingyan, to sell 75% of its equity in the Golden Gate Tower for HK$1.18 billion. The buyer has paid a deposit. The transaction will be completed on September 13.

However, the preliminary agreement was quickly replaced by another announcement. Jiani Real Estate and Zhong Zhengwen will sell the entire Kinmen Building to Bai Ningshun for HK$1.68 billion. The transaction will be completed before the end of October.

In other words, in less than a year, Jia Ning and Zhong Zhengwen earned nearly HK$700 million in profits from the sale of the Golden Gate Tower.

When the news came out, the Hong Kong stock market became excited. A large number of investors flocked to pursue the shares of Jiani Real Estate, causing the stock price to further soar to the level of HK$15.4. The market value of the entire company increased sharply from about HK$500 million at the time of acquisition to more than HK$3.6 billion. The number of shareholders The number of employees increased from about 1,500 at the time of acquisition to nearly 10,000.

At this time, the second phase of the expansion of Jianing Group can be said to be officially completed.

The first stage of Jianing’s expansion can be said to be that Chen Songqing, with the support of Zhong Zhengwen, established an initial large-scale business in Xiangjiang, accumulated a small amount of personal wealth, and more importantly, found a fund that was willing to keep absolute business secrets. source.

In the second stage, Chen Songqing deployed the group's "backdoor listing" and put Jia Ning at the forefront of the real estate industry in Hong Kong through the sensational Golden Gate Tower transaction in Hong Kong, shaping Jia Ning's image as a successful large real estate developer.

At this stage, he has proven to his mentor Zhong Zhengwen and other investors that he has "inexhaustible" huge funds.

It was in this mythical atmosphere that Chen Songqing began the third phase of Jianning's almost crazy acquisition and expansion activities.

Starting in the mid-1980s, Chen Songqing made full use of the reputation he had built over the past two years to launch large-scale acquisitions by issuing new shares and borrowing money from banks.

There are giants. In September 1980, Jiani Real Estate announced the formation of Jiani Shipping. It first purchased a 30,000-ton dry cargo ship "Advanced" from Baohua Construction for HK$61 million and changed its name to "Jia Ning". Ning No. 1", and then ordered four dry cargo ships from East Asia and West Germany to enter the shipping industry.

In September, Jianing Real Estate reached a share exchange agreement with Siam Rama Tower. Jianing issued 2.8888 million new shares at a price of HK$17.3 per share in exchange for 25% of Rama Tower's equity.

Rama Tower is one of Siam's major listed companies, owning five hotels and operating insurance and finance.

. . .

Yang Ming knew that Chen Songqing would make a series of crazy acquisitions next.

This year is the beginning of the craziest year.

At the beginning, Ma Shimin mentioned to Yang Ming that Chen Songqing and Jianing Group wanted to acquire the Golden Gate Building.

Golden Gate Tower is owned by the Jardine Matheson Group and is one of the most valuable buildings in Central Hong Kong.

Historically, this situation was not only caused intentionally by Chen Songqing, but also had a lot to do with the skyrocketing land and housing prices in Xiangjiang.

In this case, since Chen Songqing wants to buy the Golden Gate Building, why doesn't Jardine Group sell it and get the funds back? Anyway, it can be bought back at a cheap price.

It was at this step that Chen Songqing went into a series of madness. Compared with Yang Ming's previous life, he became even crazier.

Now, Yang Ming stared at those newspapers.

In terms of Chinese capital in Xiangjiang, Chen Songqing's Jiani Group is already behind the Imperial Group and Global Group, leaving Li Jiacheng's Changchun Industrial Group far behind.

Historically, when the Chen Songqing Jiani Group was at its peak, it owned more than 100 companies, and the scale was comparable to that of Jardine Land Group and Swire Group. In terms of profit, it even exceeded 1 billion Hong Kong dollars, which was already equal to that of Huifeng Bank. The market value is about the same.

At that time, many people thought that he was the second most powerful Chinese investor in Hong Kong after Li Jiacheng (history, at that time, Li Jiacheng had already swallowed up Hutchison Whampoa).

Look at this report.

Yang Ming was thinking that Chen Songqing would definitely make further acquisitions and frantically build a larger Jianing empire to increase the share price of Jianing Group.

Originally, in this case, there was a big hole inside.

Because Chen Songqing likes to pay several times the price to acquire companies that are higher than the assessed value.

If housing prices in Xiangjiang continue to skyrocket, then these problems can be covered up. By the end of next year, when housing prices in Xiangjiang plummet and many valuable properties under the Carnegie Group depreciate rapidly, then the problems of the Caritas Group will be coming.

"Peter, this Chen Songqing is very powerful. Many people call his company the Second Empire Group." Yang Jirong said from the side.

The second imperial group?

Historically, the Jianing Empire did appear in Xiangjiang, but it was short-lived.

The speed of rise is too fast, and the speed of collapse is also very fast.

Chapter Six!

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