Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 139 The Perfect Acquisition Case

Chapter 139 The perfect acquisition case

"Okay! I'll call Mr. Chen now and meet at Hengbian in twenty minutes."

It was only a ten-minute walk from where he lived to the Hengzhou Transformer Factory. Huang Xinpei immediately called Vice President Chen, and the negotiation teams from both sides soon met at the gate of the factory.

"Mr. Huang, Mr. Hu, please!"

Although Vice President Chen didn't understand why the people from Xite Electrician changed the location of the negotiation to the factory, it didn't stop him from enthusiastically serving as a guide.

Director Xu, who came after hearing the news, followed a group of people, and no one except Hu Yang paid attention to him.

Hu Yang purposely fell a few steps behind and said, "Director Xu, I'm here to trouble you again."

"Where, where! I may have to rely on Mr. Hu to take care of me in the future. I would like to ask, how was your discussion?"

Asking Hu Yang is better than asking Mr. Chen. Factory Director Xu himself has a very average relationship with Vice President Chen.

"The negotiation should be completed soon, right? But before the agreement is signed, anything can happen, and I dare not say absolute words."

There is certainly nothing wrong with Hu Yang's words. It is still too early to say whether the acquisition of Hengbian can be successful.

Director Xu nodded and did not continue to ask questions. At this time, the group of people had already reached the door of the workshop. He suddenly saw a familiar figure hiding aside, observing what was going on here.

"Liang Xiangbing, what are you doing here?"

Hu Yang didn't notice at first, but Director Xu's voice made him meet Hengbian's sales manager, Liang Xiangbing again.

"Manager Liang, we meet again."

Hu Yang stepped forward with a smile and said hello, and Liang Xiangbing also put on a smile.

Director Xu looked at the two people suspiciously and said, "Do you know each other?"

"Ah? Director, I met Mr. Hu at the Guangdong Electric Power Company's ordering meeting before. Mr. Hu, what are you doing?"

The news about Xite Electric's intention to acquire Hengzheng Transformer Co., Ltd. has been tightly sealed. At present, only Director Xu of the transformer factory knows a little bit about it, while Liang Xiangbing has not heard the news at all.

"Mr. Huang and I are here to visit your factory. Hey, Mr. Liang, I'll treat you to a drink later, so I won't talk to you any more now."

Hu Yang didn't have time to chat with Liang Xiangbing at the moment. After saying a few words, he quickly walked into the workshop.

Factory Director Xu stood still. After looking at Liang Xiangbing for a few times, he suddenly smiled: "It's a good thing that you know Mr. Hu. Maybe you and I will have to make a living under others in a while. I guess they will still give me some help."

You can work as a sales manager."

The smile on Liang Xiangbing's face gradually solidified, and he ignored Factory Director Xu, turned around and left.

Factory Director Xu didn't take it seriously either. Liang Xiangbing relied on the support of others and kept his word in the sales department. He didn't take him as the factory director seriously at all. He was already used to it.

The problem is, Hengbian is about to change everything. How long can you, Liang Xiangbing, be so arrogant?

Therefore, what Director Xu deliberately revealed just now was just to stimulate Liang Xiangbing.

Hu Yang and others visited the workshop and then sat down to negotiate again. However, differences still arose regarding the premium of Hengbian assets.

"Mr. Huang, Mr. Hu, let's continue talking tomorrow. I hope there will be a good result tomorrow."

Vice President Chen saw that Huang Xinpei's reaction to the asset premium was not very strong, at least it was not like the employee placement matter, so he had some luck in his heart.

I hope the people at West Electrician can relent tomorrow.

But the next day, big news came. Liang Xiangbing, the sales manager of Hengbian, had lost contact. Since yesterday afternoon, even his family could not contact him.

"Hey, this guy must have run away!"

Director Xu knew what was going on. It seemed that his words yesterday had stimulated him too hard. From another perspective, Liang Xiangbing's problem was more serious than he expected.

He had been bullied by Liang Xiangbing and his gang for half a year, and he finally got angry today. He estimated that the report letter he sent out yesterday afternoon should also be in the hands of the relevant departments today.

Liang Xiangbing ran away. How many people breathed a sigh of relief? How many people stayed awake all night? This data is probably difficult to calculate.

However, after this incident, Vice President Chen and others changed their usual bargaining attitude and readily agreed to the acquisition plan proposed by Huang Xinpei without attaching any conditions.

"Mr. Liang, happy cooperation!"

"Mr. Huang, the faster we cooperate!"

When Liang Haiqiao and Huang Xinpei held up the signed agreement and faced the camera, it meant that Xite Electric had officially completed the acquisition of all the assets of Hengzhou Transformer Factory.

According to the agreement, Xite Electric paid 1.596 million yuan to Hengzhou Industrial Group and obtained 100% of the equity of Hengzhou Transformer Factory.

At the same time, Xite Electric also obtained all the assets of Hengbian and all the debts of Hengbian.

In a word, starting from today, Hengzhou Transformer Factory will change its surname.

"Mr. Hu, I really didn't expect that things would change like this. Now, we must quickly mobilize people to take over Hengbian."

Huang Xinpei did not expect to sign the acquisition agreement so quickly, but he had already called back and the personnel sent by Xite Electric to Hengzhou had already set off and would arrive soon.

"What we need most now is a smooth transition for Hengbian. Mr. Huang, we can't slap all the original Hengbian management to death. We have to keep a few to appease people. I think Factory Director Xu is good and can be retained."

In any case, Xite's electricians are all outsiders. Without someone familiar with the local conditions, the handover process will be very troublesome.

As for why Hu Yang recommended Factory Director Xu, it was because he liked Old Xu. Anyway, those who stayed would only be given false posts and would never affect the future development of the new company.

"Okay, give Lao Xu a subsidiary factory and let him be responsible for assisting in the handover."

Huang Xinpei nodded in agreement, and after consulting Factory Director Xu for his opinion, the matter was settled.

Three days later, Huang Xinpei returned to Xijiang with his assistant.

Hu Yang and Xia Bing stayed, and with the receiving team sent by Xite Electrician, and with the cooperation of Deputy Factory Director Xu, the handover work was completed in just one week.

The employees at Hengbian are basically calm, because in a few days, there will be a large-scale job fair at Xite Electric Hengzhou Transformer Factory. Moreover, the industrial group also promised that the Hengzhou Industrial Group will be responsible for the placement of employees who have not applied for the job.

.

"Assistant Xia, look at the air tickets for the past two days. We are planning to return to Xijiang the day after tomorrow."

The team leader who came to take over the Hengzheng Transformer this time was a vice president of Xite Electrical Engineering. After Hu Yang completed the transition work, the remaining things had nothing to do with him.

He still had to rush back to attend Seat Electric's shareholders' meeting to discuss future restructuring, convene a creditors' meeting and other matters.

Before leaving, he invited Deputy Director Xu to have a meal alone. During this time, Deputy Director Xu gave him great support in his work.

"Mr. Hu, it would be great if you could stay."

Deputy Factory Director Xu feels that Hu Yang is not only an easy person to deal with, but also a very capable person.

Hu Yang smiled and shook his head, without explaining the reason. He originally held the title of vice president at Xite Electrician, and he had no interest in participating in the specific operation and management of the company.

.......

Two days later, Hu Yang returned to Xijiang with Xia Bing.

This time we went to Hengzhou for negotiations, and although we achieved gratifying results in the end, the acquisition of Hengbian was only a staged victory.

Next, restructuring and reform are the top priority for the future development of Xite Electric. Therefore, as soon as Hu Yang came back, Huang Xinpei proposed to convene a shareholders' meeting.

"At present, the asset acquisition of Hengbian has been completed, and then we will initiate the establishment of Xite Electric Hengzhou Transformer Co., Ltd. I have some information here, please take a look now."

Huang Xinpei signaled his assistant to distribute the information to everyone present, and then continued: "Xiangneng Co., Ltd., Hengzhou Power Supply Bureau Industrial Corporation intends to participate in the reorganization of Hengbian, and of course, our Huijia Industrial in Xijiang. The information just distributed

That’s the basic profile of these companies…”

Hu Yang planned to participate in the reorganization of Hengbian and informed Huang Xinpei in advance, but according to procedures, it had to be approved by the shareholders' meeting.

After almost ten minutes, all the representatives put down the information in their hands. One of the representatives from Xijiang Electric Power said: "Mr. Huang, I have no objection to Mr. Hu's Huijia Industrial getting involved. After all, Mr. Hu can acquire Hengbian this time.

We have made great contributions. As for the other two local enterprises in Hunan Province, is it necessary for them to participate?"

Huang Xinpei explained with a smile: "Not only because the strong dragon does not suppress the local snake, but also because there will be a creditors meeting later. Hengbian's external debt is more than 200 million, can the repayment plan be beneficial to us?

, but it involves our overall interests. And for creditors, these two companies have important influence."

To put it bluntly, Huang Xinpei plans to let some small interests go out, and use the influence of Xiangneng Co., Ltd. and Hengzhou Power Supply Industrial Corporation to successfully reach a repayment agreement with creditors.

"If Mr. Huang says this, I have no problem. So have our restructuring plan and repayment plan been finalized?"

Huang Xinpei nodded and quickly moved on to the next agenda item of the meeting. His assistant distributed the information again.

"I would like to keep the restructuring plan simple. The new company will inherit all the assets and debts of Hengbian, with a registered capital of 100 million yuan. Among them, Xite Electric will contribute 65 million yuan in cash, and with the introduction of our management experience and mature technology, the total shareholding ratio will be

is 78%.

In addition, Xiangneng Co., Ltd. invested 6 million yuan, accounting for 6% of the shares. Hengzhou Power Supply Bureau Industrial Corporation invested 7 million yuan, accounting for 7% of the shares. Xijiang Huijia Industrial invested 9 million yuan, accounting for 9% of the shares.

As for the repayment plan, I think it is an ideal plan to pay off all past external debts of Hengbian within two years. However, this plan needs to wait until the creditors meeting to discuss it with them, so there will be no further discussion today."

Huang Xinpei said a lot in one breath, put down the materials in his hands, picked up the teacup and took a big sip of tea.

The above information is introduced in great detail. Compared with Huang Xinpei's speech, all shareholders have a clear understanding of the restructuring plan and repayment plan.
Chapter completed!
Prev Index    Favorite Next