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#849 - Progress of Huifeng Bank
The difference in power was too great, and Lei Juekun couldn't even entertain the idea of competing with a big shot like Su Cheng.
Meredith was also shocked. Was it really that simple?
He had thought that in order to persuade Lei Juekun, there would definitely be a lot of persuasion, even verbal threats, before the other party would agree.
But he hadn't even said much before the other party agreed? And the price was too low.
Was this the boss's strength in Hong Kong?
This time, Meredith once again realized how strong Su Cheng's influence was in Hong Kong, so strong that even a big shot like Lei Juekun would readily admit defeat.
Of course, the simpler things were, the better for Meredith.
Next, the two of them discussed the details in the meeting room.
After all, the transfer of operating rights was not that simple.
It not only required the consent of Kowloon Bus, but also had to be approved by the Hong Kong Transport Department.
Of course, as long as Lei Juekun agreed, the Transport Department would not be a difficult obstacle.
After all, if the company agreed, there was no need for the government to obstruct them.
The matters discussed today were major events for both companies, and it was impossible to settle them in a short period of time.
Therefore, after a general discussion, Meredith bid farewell to Lei Juekun and left the Kowloon Bus headquarters.
Night had unknowingly fallen.
With his subordinate driving, Meredith returned to North Point smoothly.
As soon as he returned to the company, Meredith couldn't wait to find Zhang Qizheng to tell him about this matter.
After listening to Meredith's words, Zhang Qizheng wasn't too surprised, but instead thought, 'As expected.'
When Meredith mentioned this matter, Zhang Qizheng had already guessed that Lei Juekun would definitely agree very easily.
If it were the bus operating rights for Shatin or Kwun Tong, perhaps Lei Juekun would object, but for just Sai Kung and Tuen Mun, two remote and desolate places, Lei Juekun would agree very easily without any surprises.
Now that the result was out, it was just as Zhang Qizheng had expected, so he wasn't surprised at all.
The matter was also quickly reported to Su Cheng, who simply gave a few words of encouragement after learning about it.
The bus business was not very profitable for him.
More than that, it could bring him better influence.
After all, buses were the first choice of transportation for many citizens. As the boss, if China Bus provided good service, the citizens' goodwill towards Su Cheng would also increase.
"Mr. Meredith, you have done very well. This shows that I am relieved to entrust the management of China Bus to you. Managers should strive to maximize the company's profits!" Su Cheng replied to Meredith on the phone.
Time passed quickly, and several more days had passed.
Today was already September 13th.
Zhang Qizheng had already departed yesterday for London, England, to negotiate with the Leyland Motor Corporation.
China Bus, managed by Meredith, was also discussing more details with Kowloon Bus regarding the operational handover.
Su Cheng had not been idle these past few days, occasionally visiting his various subsidiaries to inspect them. During Zhang Qizheng's absence from Hong Kong, he even planned to temporarily replace Zhang Qizheng's work and personally oversee Tianyuan Building.
Therefore, early in the morning, Su Cheng arrived at Tianyuan Building.
Zhong Chuhong also wanted to come along.
Staying in the villa all the time was boring for her.
Therefore, after thinking about it, Su Cheng agreed to her request.
After all, Zhong Chuhong had been Su Cheng's assistant before entering the entertainment industry, so it didn't seem like a big deal for others to know that she had resumed this position.
They would just find it strange why a big star wouldn't want to be a star and would rather be a small assistant.
Before leaving for London, England, Zhang Qizheng moved a lot of Tianyuan Investment Company's documents to Su Cheng's office, so that he could pass the time while overseeing Tianyuan Building.
After arriving at the company, Su Cheng first inspected the building, not only walking around the area of Tianyuan Investment Company, but also visiting the office of China Bus to understand the progress of the cooperation between China Bus and Kowloon Bus.
Saying it was cooperation was actually just Kowloon Bus reluctantly ceding territory to China Bus.
China Bus was too strong, so strong that Kowloon Bus had to give way.
After the inspection, Su Cheng returned to his private office in Tianyuan Building.
He only came to this office a few times a year, but the hygiene here was still very clean.
After sitting down, Su Cheng picked up a work report from Tianyuan Investment Company from the documents to read.
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Zhong Chuhong then went to make a pot of tea for Su Cheng, and then ran to the side to read a book.
The report contained the current investment progress of Tianyuan Investment Company, including Huifeng Bank, which Su Cheng was most concerned about.
Su Cheng remembered that the last time he paid attention to the situation of Huifeng Bank was two or three months ago.
At that time, Tianyuan Investment Company had secretly acquired 4.12% of Huifeng Bank's shares. Adding the 1% of shares that Su Cheng himself owned, the shares of Huifeng Bank he controlled had reached 5.12%, becoming the third largest shareholder of Huifeng Bank.
Now, two or three months had passed, and Su Cheng wanted to see how Huifeng Bank was progressing.
This was a long-term investment, and it was impossible to increase it much in a short period of time, but two or three months was not a short time either.
The acquired shares had not even reached 1% in two or three months, which seemed to be very slow, but in fact, it was already very good.
After all, Huifeng Bank's shares were very valuable, and the total market value reached tens of billions of Hong Kong dollars, which meant that 1% of the equity was worth hundreds of millions of Hong Kong dollars.
Moreover, Tianyuan Investment Company held 4.89% of the equity, plus the 1% equity he obtained from the Huifeng Bank board of directors, which meant that he now held 5.89% of the Huifeng Bank equity.
And how much equity did the second largest shareholder of Huifeng Bank have?
5.93%!
That is to say, the Huifeng Bank equity he controlled was only 0.04% different from the second largest shareholder. According to this progress, he would be able to easily surpass the equity held by the second largest shareholder this month, and he, Su Cheng, would become the second largest shareholder of Huifeng Bank for the first time.
Of course, these were all temporarily not to be made public, otherwise it would not be conducive to his continued acquisition of Huifeng Bank's equity in the later stage.
The second largest shareholder was no longer a challenge. Next, the largest shareholder was the next target of Tianyuan Investment Company.
Surpassing the current largest shareholder of Huifeng Bank was still just a small goal.
In the future, secretly becoming the controlling shareholder of Huifeng Bank was the real big goal of Tianyuan Investment Company.
However, this goal could not be achieved in one or two years, but would require five or even ten years. Su Cheng was not in a hurry at all.
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