We're building a super chaebol in Hong Kong

Yan Chengkun's ultimate reason for wanting to meet Su Cheng this time was to understand Su Cheng's plans for China Bus after acquiring it.

After all, Tianyuan Investment Company held more than 50% of the shares, and the Yan family had completely lost any chance of turning things around unless Su Cheng voluntarily relinquished control.

But was that possible? Such thoughts were nothing more than wishful thinking.

Therefore, he wanted to come and understand how Su Cheng would treat China Bus after taking control, and then decide whether to keep or sell the shares in his hand.

A 33.3% stake would typically make one the largest shareholder and controlling person in many listed companies.

However, facing a maniac like Su Cheng, who liked to directly control companies, the Yan family's 33.3% stake was utterly useless.

Most importantly, the Yan family only belatedly realized that their stronghold had been seized after Tianyuan Investment Company publicly announced the news.

It could be said that they lost in a truly frustrating way, not knowing where to seek redress.

Su Cheng's actions could indeed be considered benevolent, as he had given the Yan family a day to decide.

Currently, before Huang Chiguang announced his sale of shares, no one in the stock market knew exactly how many shares of China Bus Su Cheng held.

As a result, everyone would assume that the Yan family would launch a takeover battle in the stock market against Tianyuan Investment Company to resist the acquisition.

However, no one knew that this war had ended before it even began.

The gap between the two sides was simply too large, so large that the Yan family had no intention of resisting after learning the news.

How could they resist? Continuing to resist stubbornly would only be a futile effort, bringing more losses to the Yan family.

Su Cheng had the Yan family sell their shares because he already knew that too many shares of China Bus should not be held.

Therefore, holding nearly 51% of the shares was sufficient.

Just like Hong Kong Electric Group, Su Cheng only controlled 52.9% of the shares.

Moreover, at this time, it was impossible for the Yan family to sell their shares at a low price.

After all, the stock price in the market was clear; if Su Cheng wanted to acquire their shares of China Bus, he would have to wait for the stock price of China Bus to fall to a price that satisfied Su Cheng.

Hong Kong Electric Group and China Bus were the same, both being public utility listed entities.

Even if Su Cheng wanted to control more, the government would not allow it.

Since this was the case, why should Su Cheng do too much useless work?

As for the Yan family's shares, they could handle them however they wanted; anyway, they no longer had the power to decide.

Of course, Su Cheng hoped they would sell all their shares, so that China Bus would still be under his control.

If the Yan family wanted to completely sell off their shares in the end, but couldn't find a buyer for a while, and the market couldn't absorb that many, then Su Cheng could naturally buy the remaining shares of the Yan family.

In addition, the market must ultimately retain about 20% of the shares, held by the shareholders; this was a rigid requirement of the government, and Su Cheng should not violate it.

Of course, there was another way to allow Su Cheng to completely control China Bus, even acquiring 100% of China Bus would not be a problem at all, and that was to let China Bus completely abandon the bus operating rights, but Su Cheng did not have this idea for the time being.

Although the bus operation was not very profitable, and the money earned in a year was only Su Cheng's pocket money, operating the bus could enhance Su Cheng's prestige and earn a little money, so Su Cheng did not intend to give up the bus operating rights.

Food, clothing, housing, and transportation; China Bus was one of the most important representative enterprises in Hong Kong in terms of transportation, and its importance can be imagined.

Therefore, not only would he not give up, but Su Cheng also planned to carry out a major transformation of China Bus after completely taking over China Bus.

For example, all the buses that were about to be scrapped would be replaced with new cars; and the service aspect would also be completely changed.

The attitude of indifference towards customers in the past could not continue; the public's impression of China Bus must be completely changed.

Before the Yan family sold their shares, although the Yan family could not deny Su Cheng's operating decisions for China Bus, he was, after all, the second-largest shareholder with 33.3%, and had the right to supervise.

Moreover, since the Yan family had controlled China Bus for so long, they knew China Bus very well.

Under their supervision, if Su Cheng did something that was beneficial to himself but detrimental to the company, the Yan family could report it to the stock exchange.

Although Su Cheng had no such intentions, it was not as comfortable to have someone supervising him.

Therefore, Su Cheng certainly hoped that the Yan family would sell their shares.

This was also another reason why Su Cheng specially set aside a day for them to consider.

Of course, it was almost impossible for the Yan family to sell all 33.3% of their shares in the market unless the price was ridiculously low.

After all, everyone now knew that Su Cheng was acquiring China Bus, and all the listed companies acquired by Su Cheng were developing rapidly.

Just like Hong Kong Electric Group, compared to Hong Kong Electric Group at the time of Su Cheng's acquisition, the monthly turnover of Hong Kong Electric Group has now increased by more than 50%, and these are all publicly available in the financial statements.

In the future, as Hong Kong Electric Group expands in the real estate sector, the turnover will continue to increase sharply.

Therefore, the stock price of Hong Kong Electric Group is now very high.

Compared to the past, Hong Kong Electric Group's stock has now become one of the best choices for financial management in the Hong Kong stock market.

After all, high profits mean high dividends.

If it is a long-term investment, then buying Hong Kong Electric Group's stock is very suitable.

Most importantly, everyone has enough trust in Su Cheng's brand.

In just over a year, Su Cheng has conquered everyone in Hong Kong.

After hearing Su Cheng's words, Yan Chengkun also calmed down and stopped saying anything.

After a long time, Yan Chengkun said again: "Mr. Su, thank you very much for giving us a day to consider, giving us more choices.

In any case, the Yan family appreciates this kindness.

Whether to keep or sell, I will also go back and discuss it with the family before making a decision.

If there is nothing else, then I will go back first."

"Okay, then Mr. Yan, please go ahead and be busy.

In any case, Mr. Yan is a senior in the Hong Kong Chinese business community.

The achievements you have obtained in the past are worthy of my admiration.

I am also always welcome here for Mr. Yan to come over for tea," Su Cheng said with a smile, and did not continue to keep Yan Chengkun.

(End of this chapter)