Chapter 148 Seat Electricians in Action

Xia Bing walked in and saw Hu Yang's appearance. He tried hard to hold back his laughter. He thought to himself, Mr. Hu was probably thinking about something indescribable in broad daylight, right? Look at the peach blossom look on his face.

"Mr. Hu, the finance department asked me to tell you that the four million yuan from Xite Electrician has been received."

The four million yuan that Xia Bing mentioned was the investment money of Deyang Cable Co., Ltd. that Yang Hu had previously helped West Electrician advance.

Now that Huang Xinpei has a lot of cash in hand, of course he will not delay the payment any longer.

"Well, I understand."

Hu Yang responded, then sat on the chair and closed his eyes.

Seeing that the boss had no other instructions, Xia Bing added some hot water to his tea cup and turned around to go out.

Hu Yang closed his eyes at this time, but his mind was not idle. He was thinking that after Xite Electricians had sufficient funds, they should soon make big moves.

"Bang bang bang..." Xia Bing, who had been out for a short time, knocked on the door again and walked in. "Mr. Hu, Mr. Huang from West Electrician is here."

Hu Yang quickly opened his eyes, and who could it be that wasn't Huang Xinpei following Xia Bing?

"Mr. Huang, why are you planning a surprise attack? Come on, sit down quickly. Xia Bing, ask someone to make two cups of hot coffee..."

Huang Xinpei took off his coat and hung it on the coat rack, then turned around and sat on the sofa. "I just happened to go to Xijiang Electric Power to do some errands today, so I stopped by to see you."

"You come to see me when you have time? Come on, my Mr. Huang, if you have anything to say, just tell me..."

Hu Yang knew that Huang Xinpei was definitely on something. Otherwise, given their relationship, meeting in the office would be worse than going to the wine table.

"Haha, it's not a big deal. I just want to talk to you about Deyang Cable Co., Ltd. Mr. Hu, you also know that the company has just been listed and there is great pressure on performance. What do you think I am going to Xijiang Electric Power for today? Just to talk to them

A cooperation framework agreement was signed, and the wires and cables for several new important lines in the future, as well as power transmission and transformation equipment, will be handed over to Xite Electric.

I won’t talk nonsense. I couldn’t spare any money some time ago. Now I have to complete a series of acquisitions, otherwise the performance will not be good. Controlling Deyang Cable Factory is the first thing I want to do. If you have any ideas, feel free to mention it.”

Huang Xinpei and Hu Yang had discussed this issue before, but at that time Xite Electric had not yet gone public and the funds in hand were very tight, so it was Hu Yang who came forward to acquire Deyang Cable Factory.

When Deyang Cable Co., Ltd. was established, the company's capital was 30 million yuan. At present, the company's production and sales are slowly starting to get on track.

"Mr. Huang, don't tell me whether you have these things or not. I just need you to report the current valuation of Deyang Cable Co., Ltd. Originally, I wanted to follow you to get some benefits, but you were busy with the listing of the company, and everything was messed up.

You have all left me. Now it’s time for you to come find Tao Zi. Go ahead and tell me. I’m listening.”

Hu Yang knew that the current valuation proposed by Huang Xinpei was definitely not high, but he would definitely not let his work go in vain.

"Two plans..." Huang Xinpei smiled and stretched out two fingers. "One is to increase capital and expand shares. I will invest 55 million yuan. This part of the capital will account for at least 40% of the shares. The second one is to buy

The equity you hold can be purchased at a premium of 30%--40%."

"Haha, Mr. Huang, you are being naughty again! You are holding a large number of orders now, will the efficiency of Deyang Cable Co., Ltd. be worse in the future? Be generous, you invest another 70 million yuan, and I will give you 50% of the equity."

In fact, Hu Yang is not making random bids. Considering that Xite Electrician urgently needs the production capacity of wires and cables, his valuation is not outrageous.

Huang Xinpei was already prepared for Populus euphratica to open his mouth. The offer he made just now was just a test, but he didn't expect the other party's offer to be fair.

"As expected, you still choose to increase capital and expand shares! That's fine. Now that I have a relatively controlling position, I can consolidate the statements, right? But Mr. Hu, I will slowly take control of all the shares of Deyang Cable Co., Ltd.

Come on, I hope you can understand."

Huang Xinpei plans to completely acquire Deyang Cable Co., Ltd. in the future and turn it into a wholly-owned subsidiary of Xite Electric. Otherwise, it will always constitute a related transaction, which is actually very troublesome.

Hu Yang nodded and agreed.

"Okay, I will propose to convene the board of directors later to discuss the proposal to increase capital of Deyang Cable Co., Ltd. The board of directors approves it, and I will send someone to talk to you again. Hey, this is really troublesome. Mr. Hu, I will leave first, and I will turn back

Invite you to dinner."

After Huang Xinpei finished speaking, he stood up and left.

"Don't leave in a hurry. You can come back after dinner."

Hu Yang said politely, Huang Xinpei waved his hand, indicating that he would talk when he had time, and hurriedly walked out of Hu Yang's office.

As a result, Populus euphratica had no time to give it away.

"Okay, if Mr. Huang doesn't appreciate me, how about I invite two beauties to have dinner together?"

Eating is a trivial matter. Hu Yang mainly wants to talk to Lu Yali and Tang Ziyu about the capital increase and share expansion of Deyang Cable Co., Ltd.

Of course Lu Yali and Tang Ziyu have no objection. They can already foresee the value of this investment and can expect future benefits.

Soon the shareholders signed an agreement to increase capital and shareholdings, and Xite Electric issued an announcement "About the Acquisition of 55.5% Equity Interest in Deyang Cable Co., Ltd."

The main content of the announcement is that Xite Electric invested 74 million yuan to acquire 55.5% of the equity of Deyang Cable Co., Ltd., which is expected to have a certain impact on the company's performance.

Obviously, the market regarded this acquisition as a good thing. After Seat Electric's announcement, its stock price rose again.

After the capital increase and share expansion of Deyang Cable Co., Ltd. was completed, the company's registered capital was changed to 100 million yuan, and the shareholding proportions of each shareholder also changed accordingly.

Among them, Huijia Industrial shares accounted for 33%.

Lu Yali and Tang Ziyu’s shareholdings are 5.75% respectively.

The largest shareholder became Xite Electric, with a shareholding of 55.5%.

At the same time, Hu Yang withdrew his position as head of the project department. The general manager and deputy general manager of Deyang Cable Co., Ltd. were appointed by Xite Electricians. Hu Yang only retained the position of financial director.

Huang Xinpei handed over all his wire and cable orders to Deyang's factory for production, and the total order volume reached 105 million yuan.

This part of the production task cannot be completed until New Year's Day, and is expected to bring a net income of 21.8 million yuan to Deyang Cable Co., Ltd.

After the capital increase and share expansion were completed, Hu Yang basically no longer cared about Deyang's affairs. He thought it would stop for a while, but Huang Xinpei once again issued a takeover offer to all shareholders to acquire Xite Electric Co., Ltd. at three times the original investment price.

The entire share capital of Zhouzhou Transformer Co., Ltd.

After much consideration, Hu Yang decided to support Huang Xinpei and sold all his shares to Xite Electrician.

To be honest, Xinhengbian's future development will be very good. Three times the premium sounds exaggerated. In fact, according to the company's current development speed, profits can be achieved in about three years.

However, Hu Yang's Huijia Industrial is itself a shareholder of Xite Electric, and he can also benefit from the development dividends of the wholly-owned subsidiary.

As for Xiangneng Co., Ltd. and Hengzhou Power Supply Bureau, they were very satisfied with the investment rate of return and both withdrew from Xinhengbian.

At this point, Xinhengbian became a wholly-owned subsidiary of Xite Electric.

After signing the equity transfer agreement, Huijia Industrial received 27 million yuan from Xite Electrician, and the funds on its account have exceeded 40 million yuan.

.........

"Yang Yang, your father and I have discussed that we want to go to Yangcheng to celebrate New Year's Day."

Before the heating started this year, the Sandaowan area had been demolished to pieces, and many old neighbors were temporarily unable to contact them.

In addition, the small supermarket at home was also transferred, so Li Guixiang and Hu Zhiguang had nothing to do and had to watch TV series at home all day long.

Hu Yue called and asked them to go to Yangcheng, and the two elders became interested.

"Okay, let's leave at the end of December and I'll take the time to send you there. However, I won't be able to stay with you for a few days in Yangcheng. I have final exams in January."

Hearing that his father and mother wanted to go south, he agreed very much. The climate in Xijiang this year is a bit abnormal, the temperature is much lower than the same period in previous years, and it is very cold.

Let them go to the south for a few months to escape the coldest period of the year.

Populus euphratica is planning to take a holiday for himself.

During this period, he went to school almost every day, went to Hexin Building in the afternoon, and almost didn't worry about anything else.

After school that day, as soon as Hu Yang walked to the parking lot, he heard someone calling him. When he turned around, he saw that it was class monitor Lin Xiangjun.

"Monitor, what's the matter?"

Hu Yang asked with a smile. Although he and Lin Xiangjun have become estranged now, they have never had any superficial conflicts, and they have always been polite when meeting.

"It's nothing serious. I just want to hold an event for New Year's Day. I want to ask you if you can participate."

Lin Xiangjun didn't have much objection to Populus euphratica. The main reason was that his cousin Lin Xiangbei had conflicts with Populus euphratica. He felt uncomfortable being caught in the middle, so he simply alienated Populus euphratica.

"I might not have time on New Year's Day. That's right. I'm going to send my parents to Yangcheng at the end of the year, and I definitely won't be able to make it back in time on New Year's Day."

Hu Yang smiled and expressed regret.

"That's really unlucky. Okay, let's talk later, I'm leaving first."

Lin Xiangjun said goodbye and left, and Hu Yang did not stop him. Looking at Lin Xiangjun's back, he suddenly thought of Liu Ying, and wondered if she was used to going to the deep sea.

After opening the car and just about to get in, Populus euphratica heard someone calling him again.

"Mr. Hu, why do you walk so fast every time after class? I almost didn't catch up with you."

The person who trotted over was also a classmate in the class, Yang Xiaoli. This classmate worked at Xijiang Securities, and it was she who opened Hu Yang’s personal securities account.

"Why are you sitting there before get out of class is over? Come on, get in the car and talk, it's so cold outside."

Hu Yang stood for a while and felt a little cold, so he asked Yang Xiaoli to get in the car.

Yang Xiaoli sat in the passenger seat, and Hu Yang started the car.

"Mr. Hu, give your car a ride. By the way, Xijiang Friendship's internal employee shares can be traded, did you know that?"

Yang Xiaoli usually never takes Hu Yang's car, and today she mainly wanted to remind him of this incident.

"Really? I haven't paid attention to it recently. Thank you for telling me. When I look back at the stock price, it's almost worth selling."
Chapter completed!