We're building a super chaebol in Hong Kong

May 23, 1978, Tuesday.

This morning, the Su Group released a group announcement through the "Hong Kong Securities Journal."

The content of the announcement was nothing more than the formal control of the Su Group by 22-year-old Su Cheng, the formal retirement of original Deputy Chairman Yang Zhao, Director Xie Long, shareholder Liu Fuhao, and other shareholders within the group, and Ms. Zhang Li's appointment as the group's interim Vice President.

Originally, this was just a very ordinary announcement from a listed company, but because of this announcement, the Su Group's stock price, which had originally calmed down, plummeted again.

The "Hong Kong Securities Journal" has a very high status among stockholders, so basically, many listed companies choose to publish their announcements in this newspaper.

Therefore, the vast majority of stockholders also saw this announcement.

The Su Group's stock price had already fallen for more than a week due to the death of its core figure, Su Tianhe.

It was only after Yang Zhao issued several reassuring announcements that stockholders regained confidence.

Now, with so much bad news, how could stockholders holding Su Group shares not feel panicked!

All the shareholders have run away, and even Deputy Chairman Yang Zhao, who had been issuing reassuring announcements, has run away. What does this prove? It proves that these bigwigs holding a large number of shares no longer believe in the Su Group.

The appointment of the 22-year-old Su Cheng as Chairman made everyone even more lacking in confidence in the Su Group.

At the age of 22, some people are still in college, right? With such a young man, what future is there for the Su Group?

As for Ms. Zhang Li's appointment as interim Vice President, it was directly ignored by everyone. Who is Zhang Li? Isn't she just a secretary? A secretary as Vice President? This is even more hopeless!

As a result, all stockholders holding Su Group shares rushed to put their shares on the exchange, hoping to sell them as soon as possible to reduce their losses.

The trading team temporarily formed by Zhang Qizheng had already received the news in advance and began to secretly absorb Su Group shares that were less than half of the original price.

As for those high-priced shares at the top, they naturally wouldn't absorb them.

At the close of the market, the head of the trading team called Zhang Qizheng from the exchange: "Mr. Zhang, in one day today, we have absorbed a total of 6.88% of the Su Group's shares. Moreover, basically, they were all acquired at very low prices. There are still many Su Group shares listed on the stock market, but because the price is relatively high, we will not accept them for the time being."

"Very good, continue tomorrow. We must try our best to acquire all the shares, but we must not let the stockholders discover anything unusual," Zhang Qizheng instructed on the phone.

"Mr. Zhang, please rest assured, we have rich trading experience and are determined to win this battle beautifully!" the person in charge said confidently.

Afterwards, Zhang Qizheng called Su Cheng.

At this time, Su Cheng was looking at the company's information in the Su Group's Chairman's office, and standing next to him was Zhong Chuhong, who had just finished class.

At this time, Zhong Chuhong was behind Su Cheng, using her delicate hands to massage Su Cheng's shoulders and back.

Su Cheng couldn't help but "hmm" comfortably.

Therefore, Su Cheng feels that it is better to have one less thing than one more thing, and if he can repurchase all of them, he should try to repurchase all of them.

On May 24th, the trading team continued to secretly repurchase Su Group shares on the stock market.

Until the stock market closed in the afternoon, another 2.52% of Su Group shares were acquired.

At this time, Su Shi actually holds 99.4% of Su Group's shares.

And this 9.4% only cost Tianyuan Investment Management Company less than 20 million Hong Kong dollars.

That is to say, this time Su Cheng repurchased these shares from the stockholders at a lower price per share than he acquired from Yang Zhao and the others.

After getting the data, Su Cheng directly told the trading team to stop trading, because it was no longer necessary.

"You have done very well, I am very satisfied. I will let Mr. Zhang settle the rewards before you receive your salary next month," Su Cheng said directly to the person in charge of the trading team.

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Afterwards, he directly found Zhang Li, who is currently the interim Vice President of the Su Group.

"Sister Zhang, please go to the Hong Kong Stock Exchange before you get off work. This is a company delisting application that I have prepared. Please submit it for me," Su Cheng said as he handed the application to Zhang Li when she came over.

"Is our group going to delist?" Zhang Li was very surprised.

Su Cheng's plan to delist has been carried out in secret, so it can be said that none of the senior executives of the entire Su Group know about this.

It's no wonder Zhang Li would be surprised.

"Currently, I have repurchased 9.4% of the shares on the stock market through a trading company, so the Su Group's equity I now hold has reached 99.4%. There are only 0.6% of the shares outstanding. In this situation, there is no need to keep the title of being listed," Su Cheng said briefly.

"I didn't expect Chairman Su to have such boldness and actually plan to privatize the group. You are truly a formidable young man. It seems that Chairman Su is very optimistic about the future of the Su Group!" Zhang Li said with emotion.

"I know my own affairs. I'll have to trouble Sister Zhang with this matter," Su Cheng said with a smile, not saying much.

"This is what I should do," Zhang Li nodded and said.

"Have you been busy these past two days, taking charge of the entire group's affairs for the first time?" Su Cheng asked.

"I feel it's actually okay. This is also thanks to my long-term position as the secretary of the board of directors. I know everything about the group's affairs, so it's easier to handle things," Zhang Li said, revealing a sincere smile.

In fact, Zhang Li still has enough ability to manage a group with a scale of hundreds of millions, after all, she has been a senior executive of the Su Group for a full ten years before this.

However, Su Cheng knows that if the Su Group wants to continue to develop and grow, it needs a leader with a keen sense and a long-term vision.

This is also why Su Cheng wants to find a capable manager through a headhunter to serve as the president of the Su Group!

He said in front of Su Tianhe's tombstone that since fate has returned the Su Group to his hands, then he will develop the Su Group well and build it into a behemoth group.